Video & Transcript : 'capital assets' :
Page 34 of 500
NM
Transcript Highlights:
- that asset.
- And how do we strand that asset? And what does government.
- You use it for non-recurring investments or capital outlay.
- And you capitalized endowment funds.
- Capital outlay, both Recommendations use some general fund for capital outlay projects.
Committees:
Senate Senate Finance , Senate House Appropriations & Finance
FL
Florida 2026 5th Special Session
Transportation Dec 9th, 2025
Transcript Highlights:
- In addition to these investments, FDOT's support extends beyond capital dollars, and to name a few, we
- provide disaster preparedness coordination,... ...non-capital dollars, and to name a few, we provide
- Infrastructure pressures are at the forefront of our office's focus, including aging assets, the need
- It's always been a private industry, similar to tugboat assets. We don't have any tugboat assets.
- I think most of our ports don't have tugboat assets.
Summary:
The Transportation Committee heard SB 356 by Senator Wright, which would create an opt-in framework allowing counties and municipalities to designate certain roads for utility-terrain vehicles (UTVs) under local conditions, including driver licensing, insurance, and speed-limit restrictions below 55 mph. Senator Wright said the bill would give law enforcement clearer authority and mirror the local-option approach used for golf carts. Supporters included a retired Volusia County sheriff and county commissioner, who argued UTVs are safer than golf carts and are already being used on roads, while opponents from the Recreational Off-Highway Vehicle Association and Honda warned that UTVs are designed for off-road use, lack federal safety standards, and pose crash and tire-blowout risks on public roads. Several senators raised safety concerns, especially about speed and crash severity, but the committee ultimately voted to report SB 356 favorably.
The committee then held a lengthy discussion on seaport infrastructure and funding, beginning with a moment of silence for JaxPort COO and former FDOT employee James Bennett. FDOT presented data showing Florida’s 16 deepwater seaports generate major cargo volume, jobs, and economic impact, and described state funding programs such as FSTED, SPI, and the construction aggregate grant program. Port representatives from Port Everglades, PortMiami, Port Tampa Bay, and the Port of Palm Beach described record cargo and cruise activity, major capital projects, and the need for continued state and federal support for dredging, bulkheads, cranes, rail, and terminal expansion. Senators asked about ROI, trade shifts, intermodal connections, fuel and LNG availability, leverage and reserves, and operational risks such as flooding, sea level rise, and channel depth; port officials emphasized resiliency, private partnerships, and long-term master planning.
The committee also confirmed appointees to the Tampa Hillsborough County Expressway Authority and the Tampa Port Authority in one vote, with no objection. Finally, FDOT presented the statewide mapping programs work group report required by SB 1662, explaining that coordinated statewide use of LiDAR and aerial imagery could reduce duplication, improve emergency management and planning, and support insurance and storm-damage assessment. FDOT recommended a formal statewide coordination program, shared procurement and cost-sharing agreements, dedicated staffing, and statutory updates to Chapter 334 to support interagency agreements and recurring funding.
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Jul 22nd, 2025
Transcript Highlights:
- Why non-dilutive capital is so important for the companies that you guys are working with?
- So all venture capital is dilutive; I think it's pretty fair to say.
- We're a small state, but we have incredible strength and assets in these areas.
- So we're a small state, but we have incredible strength and assets in these areas.
- And I think it's from my perspective, as you think about capital outlay and potential capital outlay
ND
North Dakota 2026 1st Special Session
Budget Section Regulatory Division Jun 24th, 2026
Transcript Highlights:
- I mentioned 2025, the new capital plan.
- You can see our total assets have really leveled off.
- We're not growing assets at double-digit rates.
- You can see loans, also the biggest asset category that we put it into, the most illiquid asset category
- So it just becomes part of their fixed asset allocation.
Summary:
The committee received a compliance and budget update on Industrial Commission agencies and programs, including the Industrial Commission administrative office, the Oil and Gas Research Program, the Clean Sustainable Energy Authority, the State Energy Research Center, the Research Technology Park grant program, and related funds. Staff reviewed spending and balances for items such as electric grid resiliency grants, lignite research, enhanced oil recovery, the salt cavern business case study, and the new NDSU research and technology park grant. Members also discussed timing, carryover balances, matching requirements, and how some programs are structured to reimburse projects over several years rather than spend funds immediately.
Karen Tyler of the Industrial Commission described the agency’s administrative budget, the grant management system nearing completion, and the transition to standalone audits and staffing after separating from other agencies. She also outlined the status of active grant rounds across lignite, oil and gas, renewable energy, outdoor heritage, and clean sustainable energy programs. Members asked about the length of active grants, demand for clean energy funding, and the possibility of future grant rounds. Tyler and members also discussed the salt cavern study, the need to better define its commercial value, and the research technology park grant’s cash-match requirement.
Ron Ness then testified on enhanced oil recovery and broader oil and gas market conditions. He said North Dakota production remained steady, but future growth depends on infrastructure, longer laterals, and better use of natural gas and carbon dioxide for EOR. He described the state’s EOR grant round, the use of federal DOE funding to replace part of a state-funded project, and the expectation of additional grant rounds. Members asked about CO2 supply, storage, and the economics of using legacy fields and pipelines to extend oil production and support agriculture and industrial uses.
The committee also heard from Bank of North Dakota President Don Morgan, who reviewed the bank’s mission, governance, lending verticals, disaster programs, and new initiatives. He said the bank is seeing deposit growth flatten and is responding to fintech competition by focusing on liquidity, risk management, and a new payment infrastructure initiative called Rough Rider Coin, which he emphasized is not crypto and not a public coin, but a banking payment rail for North Dakota institutions. Members asked about student loan rates, disaster lending, and how the bank’s lines of credit and balance sheet capacity are affected by deposit trends. Morgan said the bank remains profitable and continues to support agriculture, commerce, and industry through participation loans, student lending, and state-directed programs.
ND
North Dakota 2025-2026 Regular Session
Budget Section Regulatory Division Jun 24th, 2026
Transcript Highlights:
- I mentioned 2025, the new capital plan.
- You can see our total assets have really leveled off.
- We're not growing assets at double-digit rates.
- We're not growing assets at double-digit rates.
- You can see loans also, the biggest asset category that we put it into, the most illiquid asset category
Summary:
The committee took roll, approved the March 18 minutes, and then received a compliance-report update on the Industrial Commission and related funds and programs. Staff reviewed the status of one-time appropriations and grant programs, including electric grid resiliency, lignite research, enhanced oil recovery, the Clean Sustainable Energy Authority, the salt cavern business-case study, and the new NDSU research and technology park grant. Members asked about funding balances, reimbursement timing, matching requirements, and how some commitments would affect the State Investment Fund and future biennia.
Industrial Commission staff then gave a broader update on the agency’s administrative office, grant management system, leadership transitions at several commission agencies, and active grant rounds. They reported that the grant management system is nearing completion, that several agency leadership searches have concluded, and that the commission’s grant programs currently have 108 active grants totaling more than $165 million. They also described the Clean Sustainable Energy Authority round, the oil and gas research program’s enhanced oil recovery awards, the grid resiliency grants, the salt cavern study, and the research technology park program, noting that some projects are awaiting federal funds or additional matching cash.
Ron Ness, speaking for the Oil and Gas Research Council, focused on the state of the oil industry and the enhanced oil recovery “Bakken 2.0” effort. He said production remains steady, but future growth depends on better infrastructure, longer laterals, and new EOR methods such as CO2, natural gas, and surfactants. He emphasized the importance of the Bakkeneast pipeline and related gas-utilization projects, the recent DOE funding that will return some money to the research council, and the need to modernize tax and incentive rules for CO2-based recovery. Members discussed the potential economic benefits for oil, agriculture, and manufacturing.
The Bank of North Dakota then presented its compliance report and a broader strategic update. Bank leadership reviewed the bank’s mission, governance, participation lending, student lending, disaster programs, and legislatively directed programs, and said the bank is managing for a flatter deposit base and stronger liquidity because of fintech competition and changing market conditions. They reported improved earnings, with net income rising to about $231 million, and described Rough Rider Coin as a new internal payment rail for North Dakota banks and credit unions, not a public cryptocurrency. Members asked about student loan eligibility, disaster lending, and the bank’s capacity to support state programs while maintaining its balance-sheet and liquidity requirements.
LA
Louisiana 2026 Regular Session
House of Representatives May 11th, 2026
Louisiana House Floor Meeting
Transcript Highlights:
- crimes. to defend more capital crimes?
- The cost of capital attorneys are huge.
- assets presumed to be abandoned.
- Relative to digital assets, to establish standards for custody of unclaimed digital assets presumed to
- About 15% of Louisiana adults own a digital asset.
Bills:
HR257 , HR258 , HR259 , HR260 , HR261 , HR262 , HR263 , HCR105 , HCR106 , HR252 , HR253 , HR254 , HR255 , HR256 , HCR103 , HCR104 , SB83 , SB143 , SB155 , SB228 , SB283 , SB295 , SB338 , SB388 , SB408 , SB431 , HR84 , HR188 , HR205 , HB302 , HB597 , HB819 , HB1257 , HB1258 , SCR24 , SB45 , SB58 , SB71 , SB81 , SB92 , SB100 , SB109 , SB141 , SB156 , SB181 , SB203 , SB204 , SB205 , SB207 , SB213 , SB214 , SB216 , SB229 , SB257 , SB274 , SB290 , SB304 , SB374 , SB379 , SB396 , SB410 , SB425 , SB427 , SB429 , SB479 , SB522 , SB357 , SB406 , HR171 , HCR49 , HCR65 , HCR72 , HR37 , HCR64 , HR170 , HR191 , HR206 , HR207 , HR208 , HR217 , HCR11 , HCR53 , HCR60 , HCR66 , HCR68 , HR9 , HCR27 , HCR28 , HCR50 , HCR62 , HCR67 , HCR71 , HCR78 , HCR81 , SCR19 , SCR3 , SCR6 , SCR18 , SCR11 , SCR22 , SCR2 , SCR20 , HCR6 , HB64 , HB68 , HB92 , HB130 , HB258 , HB633 , HB801 , HB61 , HB98 , HB102 , HB139 , HB142 , HB170 , HB185 , HB194 , HB199 , HB231 , HB247 , HB294 , HB336 , HB474 , HB661 , HB842 , HB852 , HB301 , HB359 , HB657 , HB675 , HB680 , HB727 , HB79 , HB251 , HB625 , HB769 , HB775 , HB783 , HB895 , HB1011 , HB1057 , HB1155 , HB1186 , HB1224 , HB1245 , HB1247 , HB1253 , HB1254 , HB1255 , HB1256 , SB41 , SB44 , SB64 , SB84 , SB87 , SB93 , SB98 , SB107 , SB118 , SB142 , SB192 , SB195 , SB199 , SB219 , SB222 , SB234 , SB241 , SB255 , SB275 , SB277 , SB292 , SB294 , SB306 , SB314 , SB482 , SB8 , SB10 , SB11 , SB12 , SB13 , SB14 , SB16 , SB17 , SB18 , SB20 , SB21 , SB22 , SB40 , SB48 , SB55 , SB69 , SB75 , SB77 , SB78 , SB85 , SB102 , SB115 , SB133 , SB140 , SB148 , SB151 , SB165 , SB169 , SB170 , SB185 , SB197 , SB200 , SB217 , SB235 , SB278 , SB280 , SB291 , SB300 , SB303 , SB315 , SB324 , SB330 , SB411 , SB416 , SB420 , SB436 , SB438 , SB449 , SB455 , SB456 , SB477 , SB489 , SB521 , HB646 , HB824 , HB341 , HB682 , HB766 , HB926 , HB998 , HB1051 , HB1080 , HB1201 , HB1223 , HB603 , HB940 , HB1191 , SB47 , HB901 , HR20 , HR74 , HB284 , HB306 , HB366 , HB393 , HB458 , HB577 , HB582 , HB605 , HB614 , HB733 , HB752 , HB773 , HB798 , HB911 , HB955 , HB996 , HB1035 , HB1069 , HB1113 , HB1140 , HB1180 , HB1240 , SB82 , SB89 , SB149 , SB382
Keywords:
condolences, memorial resolution, House Resolution, Shreveport, children, tragedy, sympathy, bereavement, tribute, mourning, schoolchildren, public charter school, elementary school, Head Start, family loss, Louisiana House of Representatives, condolence resolution, House resolution, victims, family support
MN
Minnesota 2025-2026 Regular Session
HF748 approved in House Transportation Finance and Policy Committee 3/12/25
Transcript Highlights:
- In some cases, there is insufficient data to determine the assets... ...especially as it relates to vehicle
- And if the assets are required outside the area, the project, who is responsible for coordinating them
- And they subsequently are an asset with operation and maintenance costs. of the measure and quantify
- Many of the assets cannot and should not be paid for with Trunk Highway funds.
- though the Legislature did create a asset mitigation account >> Thank you for that.
Summary:
The committee took up House File 748, a bill revising Minnesota’s transportation greenhouse gas and vehicle miles traveled (VMT) impact assessment requirements for trunk highway projects. The chair first moved and adopted the A2 author’s amendment and then the A3 amendment, which was described as adding implementation time and project exemptions when federal dollars are available. The bill author explained that the measure responds to concerns from stakeholders that the current law can force costly mitigation, delay or stop safety and capacity projects, and create uncertainty because key implementation details are still being developed by a technical advisory committee.
Testimony was split. County and city engineers, county commissioners, the Minnesota Transportation Alliance, and the Coalition of Greater Minnesota Cities generally supported the bill, arguing that the current requirements can add 20% to 40% or more to project costs, are difficult to administer, and could jeopardize critical safety improvements, congestion relief, and federal funding. They cited examples such as Scott County and Trunk Highway 65, and said VMT mitigation is especially hard to quantify and fund. Opponents, including Move Minnesota and Sierra Club, argued that safety and climate goals are not in conflict, that reducing driving can save lives and reduce pollution, and that the bill would weaken an important tool for cutting transportation emissions. Members also asked about how GHG and VMT are measured, whether the required assessment was ready, and who would be responsible for mitigation assets and costs.
After discussion, the committee held a roll call vote. The bill, as amended, passed 8-7 and was moved to the General Register.
VT
Transcript Highlights:
- As explained by the department, preventing the drawing off of capital from a group to a member protects
- As explained by the department, preventing the drawing off of capital from a group to a member protects
- As explained by the department, preventing the drawing off of capital from a group to a member protects
- provides an initial capital and surplus provides an initial capital and surplus required<00:14:57.279
- </c><00:15:14.480><c> and</c> This legally separates the assets and This legally separates the assets
OR
Oregon 2026 Regular Session
Joint Task Force On Municipal Solid Waste in the Willamette Valley 07/10/2026 1:00 PM
Transcript Highlights:
- Capitalization grant.
- And so the idea is that we get federal dollars to capitalize, add additional capital money to our program
- So with that, the fund is fairly well capitalized right now.
- So with that, the fund is fairly well capitalized right now.
- However, if said assets maintain business Don't strand assets in this process.
Summary:
The task force met to focus on funding systems and incentive structures for a proposed regional waste infrastructure effort, including how a future WIPA framework might support solid waste planning in the Willamette Valley. Staff and members heard presentations from DEQ on the Clean Water State Revolving Fund, from Business Oregon on the Special Public Works Fund, and from Oregon State Treasury on state bonding capacity and the bond issuance process. Presenters explained how their programs are structured, how projects are scored or approved, what kinds of public entities and projects are eligible, and how interagency coordination and co-funding can work. DEQ emphasized that its revolving loan fund is driven by water-quality benefits and public-health criteria, while Business Oregon described a broader infrastructure loan program for public entities with no scoring system, and Treasury outlined the state’s debt-capacity process and the differences between general obligation and lottery bonds.
Members used the presentations to discuss whether similar funding tools could support solid waste infrastructure, especially for transfer stations, regional hubs, and related facilities that may need to be built before Coffin Butte reaches the end of its lifespan. Several questions centered on whether public-private partnerships could qualify, whether equipment inside facilities could be financed, how repayment would work, and whether planning costs could be covered. DEQ and Business Oregon both said they could potentially collaborate on scoring or co-funding, but noted eligibility limits and the need for public ownership in many cases. Treasury said bond capacity is limited and competitive, especially for lottery bonds, and that project authorization generally runs on a two-year cycle, though unused authority can sometimes be reauthorized.
In task force discussion, members debated whether the group should pursue a dedicated funding lane for the seven-county region rather than having local governments compete with other statewide needs. Some members stressed the importance of criteria to avoid stranded assets and to ensure funding is available when projects are ready, while others raised concerns about how cities and counties would generate revenue to repay debt during construction and early operations. The group also discussed flow control, system fees, and the need for regional collaboration among counties, cities, and haulers to create enough waste volume to support new infrastructure. Staff noted that pre-session filing materials for the legislature are due September 11, and the chair said the August meeting will focus on organizational structure and identifying partners.
During public comment, Representative Kevin Mannix submitted written testimony supporting the WIPA concept and urging the task force to endorse it. Commissioner Bubba King of Yamhill County urged the task force to compare alternatives objectively and warned against adding bureaucracy before evaluating existing infrastructure and costs. Commissioners Kevin Cameron and Roger Nyquist of Marion and Linn counties described regional hub-and-spoke concepts, transfer stations, and intermodal options, emphasizing the need for planning, strategic siting, and collaboration with haulers and local governments.
MA
Massachusetts 2025-2026 Regular Session
Senate Committee on Climate Change and Global Warming Jun 21st, 2026 at 10:00 am
Senate Committee on Climate Change and Global Warming
Transcript Highlights:
- climate mandates and protecting ratepayers by ensuring they aren't left on the hook for stranded assets
- as long-lived assets.
- Including in several environmental justice communities, could create costly stranded assets.
- We started by looking at the capital costs.
- So that's a reduction of 41% in capital costs.
Summary:
The committee heard testimony on two related issues: gas utilities’ climate compliance plans filed with the Department of Public Utilities and the recent DPU orders reforming the Gas System Enhancement Program (GSEP). Chair Creem and other senators emphasized that Massachusetts must reduce gas use, shrink the gas distribution footprint, and move customers to alternatives such as heat pumps, network geothermal, and non-gas pipeline alternatives (NPAs). DPU Chair Jamie Van Nostrand said the new GSEP orders lower the annual revenue cap from 3.0% to 2.5%, phase it down toward 1.5%, eliminate carrying charges, require more rigorous risk prioritization, and push utilities to consider advanced leak technology, relining, repairs, and NPAs. He also described the climate compliance plans as the start of a longer process covering decommissioning, stranded costs, line extension allowances, integrated energy planning, and targeted electrification demonstrations.
Senators pressed the DPU and utility witnesses on the lack of specificity in the climate compliance plans, especially the absence of numeric goals for gas usage reduction, customer conversions, and near-term deployment of NPAs. Utility representatives from Eversource and National Grid said their plans include NPA frameworks, integrated energy planning, targeted electrification pilots, network geothermal, and workforce transition efforts, but argued that implementation takes time, requires customer participation, and depends on coordination with electric utilities and communities. They said some NPA and electrification projects are being evaluated now, while larger-scale deployment is expected later in the decade. Senators also raised concerns about line extension allowances, with utilities explaining that new customers may be charged based on whether existing ratepayers would otherwise be harmed, while National Grid said it has begun increasing customer contributions to send stronger price signals.
Attorney General Mary Gardner supported the DPU’s GSEP reforms and said the office favors eventually stepping the GSEP cap down to zero by 2030, with repair and replacement costs recovered in base rate cases instead. She argued that the utilities’ plans still rely too heavily on business-as-usual approaches, do not adequately quantify scope 3 emissions, and leave unresolved questions about the obligation to serve and the future of line extension allowances. Advocacy witnesses from the Conservation Law Foundation and Acadia Center were more critical, saying the plans lack the detailed modeling, targets, and transparency needed to show how the utilities will help meet the Commonwealth’s heating and cooling sublimits and broader climate goals. No votes were taken; the hearing consisted of testimony and questioning.
KY
Kentucky 2025 Regular Session
Legislative Oversight & Investigations Committee (8-29-25)
Transcript Highlights:
- </c><00:04:03.760><c> projects</c> of the most complex capital projects of the most complex capital projects
- </c> least talked about in capital planning. least talked about in capital planning.
- </c> proposed that that was in the capital proposed that that was in the capital plan.<00:15:55.519><
- </c> we kind of put out an APB on what assets we kind of put out an APB on what assets do<00:30:52.159
- They are high-quality assets.
Summary:
The committee opened with roll call, welcomed a new member, approved the July meeting minutes, and then took up testimony on the statewide emergency responder voice system, also described as the state police radio system replacement project. John Hicks, secretary of the governor’s executive cabinet and state budget director, testified that the project is unusually complex because it combines multiple IT replacements, land acquisition, and tower construction. He said the existing system dates to the early 1970s and that the administration is treating the project as a priority, with work proceeding in phases and weekly coordination among the Justice Cabinet, Kentucky State Police, and Finance and Administration Cabinet.
Hicks said the project has already spent about $110 million, with nearly 1,900 portable radios acquired, microwave replacement completed at 56 sites and underway at 76 more, and routers, switches, and network upgrades addressed. He explained that because the State Police are not set up to handle real property work, the administration brought in outside real property consulting vendors through an RFP, and three vendors are now qualified to help identify and negotiate sites. He said the goal is to speed up land acquisition and tower construction while the State Police continue the technology work, and he emphasized that the project is intended to close coverage gaps for state police first and later benefit local governments and other first responders.
Members of the committee expressed concern about the project’s cost and pace. Representative Petri noted that about $218.8 million has been authorized since 2018 and questioned whether the project could stretch into 2030 or later, asking what more the General Assembly could do to help. Representative Blandon also raised concerns about the long timeline and the risk of the project becoming another costly, delayed infrastructure effort, while asking when the vendor RFP was completed and whether any sites had been acquired since then. Representative Sharp asked whether there was a detailed plan and timeline, and Hicks responded that the technology side is well defined but the property acquisition side must proceed site by site because each location depends on ownership, access, power, and other factors. Hicks said the west-to-east phasing has been a smart approach and that the executive branch should improve performance to beat the current timeline expectations.
MA
Massachusetts 2025-2026 Regular Session
Senate Session Jun 21st, 2026 at 11:00 am
Massachusetts Senate Floor Meeting
Transcript Highlights:
- Third reading of a bill: An act authorizing the Commissioner of Capital Asset Management and Maintenance
- An act authorizing the Commissioner of Capital Asset Management and Maintenance to give a certain parcel
- Third reading of a bill: An act authorizing the Commissioner of Capital Asset Management and Maintenance
Summary:
The Senate took up several local bills on third reading and passed them to be engrossed, including measures authorizing police officers in Plainville, amending the charter of Acushnet, and authorizing conveyance of a parcel of land in Wellesley. It also considered House No. 4206, the bill modernizing the cannabis laws of the Commonwealth; the House nonconcurred in the Senate amendment and appointed a conference committee, and the Senate voted to insist on its amendment and appoint its own conferees, naming Senators Gómez, Comerford, and Durant.
The Senate then suspended the rules to take up House No. 4007, concerning the composition of the Licensing Board for the City of Salem, and ordered it to a third reading. Later, two bills were passed to be enacted: House No. 4030, establishing a select board-town administrator form of government in Rochester, and House No. 4381, further regulating the term of the town moderator in Norwood. Both were ordered signed by the President and laid before the Governor.
Finally, the Senate adopted an order to adjourn and reconvene on Monday at 11:00 a.m., then adjourned.
TX
Transcript Highlights:
- The cost of capital.
- The red line would be the total assets.
- Because stablecoins must be backed by high-quality liquid assets such as U.S.
- It is a risk asset, which will fluctuate in price.
- It is a risk asset, which will fluctuate in price.
Committee:
Senate Business & Commerce
WA
Washington 2025-2026 Regular Session
House Civil Rights & Judiciary Jan 27th, 2026
Transcript Highlights:
- person or entity who is likely to be involved in the sale, purchase, or transfer of a major probate asset
- person or entity who is likely to be involved in the sale, purchase, or transfer of a major probate asset
- further prohibits a person appointed under the suitable person provisions from acquiring any estate asset
- or from receiving any proceeds from the sale of an estate asset unless approved by the court.
- Licensed clinical pharmacists are an important asset to our mental health system.
Summary:
The Civil Rights and Judiciary Committee heard testimony on several bills. House Bill 2445, requested by the Attorney General, would curb “probate for profit” schemes by extending the waiting period before a “suitable person” can be appointed, limiting non-intervention powers and repeat appointments, tightening venue rules, and restricting self-dealing by estate administrators. The sponsor and Attorney General’s Office described cases in which strangers used probate loopholes to control estates, sell property, and profit from heirs; the Northwest Justice Project and other witnesses strongly supported the bill. Members raised questions about whether the bill would complicate probate for laypeople and about the timeline changes, and the sponsor said she was open to amendments. No vote was taken.
The committee also heard House Bill 2386, which would replace a statutory garnishment answer form with a form developed by the Washington Pattern Forms Committee or a substantially similar form. The sponsor and a district court judge said the current form causes calculation errors, especially for fluctuating wages, and that the change would make garnishments more accurate and transparent. A collectors’ association supported updating the form but asked for a longer implementation period and flexibility for employers to use their own forms; the judge said a rollout period would not be a problem. The bill was heard but not voted on.
House Bill 2585 would create a Washington State False Claims Act modeled on the federal act, allowing the Attorney General and private relators to pursue fraud against state programs, with treble damages, civil penalties, and whistleblower protections. Supporters said it would recover stolen public dollars and deter fraud in areas such as wages, housing, education, and environmental programs. Contractors warned that the bill could sweep in good-faith construction change orders, and a wireless industry group asked for a tax exemption; the Attorney General’s Office said it supported the concept but would provide technical and substantive feedback. The bill was heard without action.
Finally, House Bill 2590 would exempt limited equity cooperatives from the Washington Uniform Common Interest Ownership Act unless they elect coverage, while keeping the tax exemption framework for those cooperatives. The sponsor and housing advocates said WUCIOA imposes requirements that do not fit cooperative ownership and can hinder permanently affordable housing, while lenders already impose appropriate reserve and governance standards. Witnesses from cooperative development organizations and community land trusts supported the bill, and committee members asked about resale limits, reserve obligations, and who benefits from appreciation. The hearing concluded without a vote. The committee also heard House Bill 2453, which would allow board-certified psychiatric pharmacists to participate in certain involuntary treatment proceedings and provide concurring medical opinions for involuntary medication under less restrictive alternative orders. Supporters said it would improve workforce capacity and continuity of care; opponents argued it could weaken civil-liberty protections and that pharmacists lack authority for diagnosis and treatment. The hearing ended with no final action on the bill.
MN
Minnesota 2025-2026 Regular Session
House Agriculture Finance and Policy Committee 2/12/25
Agriculture Finance and Policy
Transcript Highlights:
- believe it's a key growth engine for our state and provides significant sources of jobs, private capital
- believe it's a key growth engine for our state and provides significant sources of jobs, private capital
- investment and sales our private capital investment and sales our specific<00:03:11.239><c> way</c><
- </c> where we could be uh helpful as an asset where we could be uh helpful as an asset and<00:26:48.320
- </c><00:58:21.039><c> projects</c> dollars that uh the capital projects dollars that uh the capital projects
Committee:
House Agriculture Finance and Policy
WA
Washington 2025-2026 Regular Session
Senate Ways & Means Feb 26th, 2026
Transcript Highlights:
- And now it's being seen as a revenue source rather than as a capital asset for retirees.
- Retirees' capital assets aren't meant for political agendas.
- And now it's being seen as a revenue source rather than as a capital asset for retirees.
- Retirees' capital assets aren't meant for political agendas.
- “And our capital budget chair isn’t here at the moment, but was there funding in the capital budget for
Summary:
The committee took up executive action on the capital budget, Proposed Substitute Senate Bill 6003, and several policy bills. Staff described amendments to the capital budget that shifted funding among behavioral health, local/community projects, irrigation projects, and juvenile rehabilitation capacity, plus a technical fix to the water pollution control revolving program. The committee adopted Senator Dozier’s budget-neutral amendment and a technical amendment, then advanced the amended capital budget to the Rules Committee. It also moved House Bills 2441, 2124, 2471, 2133, 2610, and 2338 forward with due-pass recommendations, and advanced Engrossed Second Substitute House Bill 2251 on Climate Commitment Act accounts to the Transportation Committee after adopting two amendments and withdrawing three others.
A major public hearing focused on Engrossed Second Substitute House Bill 2034, which would terminate and restate LEOFF Plan 1 in 2029, transfer surplus assets, and direct portions to the Climate Commitment Account and the pension funding stabilization account. Staff said the plan is currently about 160% funded and explained the bill’s IRS-review process, statute of limitations, and estimated implementation costs. Testimony was sharply divided: some retirees, firefighters, counties, and cities opposed the bill as an improper use of pension assets and urged benefit enhancements or protection of local medical obligations, while others supported using the surplus for broader public purposes. No vote was taken on the bill during the hearing.
The committee also heard House Bill 2179 on PERS coverage for certain port workers, with ports and the Washington Public Ports Association supporting clarification for railroad employees covered by the federal railroad retirement system. House Bill 1069, allowing Department of Corrections employees to bargain over supplemental retirement benefits, drew support from Teamsters and corrections workers, while House Bill 2091, expanding employee-information sharing with bargaining representatives, drew union support and privacy objections from Washington Policy Center. Finally, Second Engrossed Substitute House Bill 1210 on targeted urban area tax preferences drew support from labor, local governments, and project proponents, and opposition from contractor groups and environmental advocates over project labor agreement requirements and nuclear-related concerns; Engrossed Substitute House Bill 1408 on community preservation and development authorities and Engrossed Second Substitute House Bill 1974 on land bank authorities for affordable housing were also heard, with both receiving supportive testimony from community and housing advocates.
HI
Hawaii 2026 Regular Session
ECD Info Briefing - Mon Jul 13, 2026 @ 1:00 PM HST
Hawaii House Floor Meeting
Transcript Highlights:
- ><c> those</c> existing assets and build upon those existing assets and build upon those assets<00:58
- Is it capital? >> It's capital. I would say it's capital.
- Is it capital? >> What are they missing? Is it capital?
- </c> >> It's capital. I would say it's capital. >> It's capital.
- I would say it's capital.
KY
Kentucky 2025 Regular Session
Capital Projects and Bond Oversight Committee (4-28-25)
Transcript Highlights:
- construction under KRS 164A.580 transmitted quarterly capital project status reports.
- </c><00:01:48.640><c> construction</c> managing their own capital construction managing their own capital
- </c><00:01:55.119><c> Pursuant</c> capital project status reports.
- Pursuant capital project status reports.
- So for PR capital renovation project.
Summary:
The committee first approved the February minutes and noted there had been no March meeting. Staff then provided a series of information items, including quarterly capital project status reports from state agencies and postsecondary institutions, a University of Kentucky equipment purchase report, notice that the committee took no action on certain March transactions, school district debt notices for Fayette and Jessamine counties, lease-space advertisements due to building conditions, a Kentucky Asset/Liability Commission report, and asset preservation project reports from KCTCS and Eastern Kentucky University.
The committee then heard and unanimously approved Murray State University’s request for interim authorization to use institutional revenues for a $1.5 million roof replacement at the Curs Center student center. University of Kentucky also received unanimous approval for a $115 million public-private partnership project to expand Parking Structure 7 and the Johnson Center recreation space; testimony emphasized the loss of parking from hospital expansion, increased student enrollment, a planned $21 per semester recreation fee increase, and the goal of improving student retention and campus capacity.
Next, the committee received a report on a Kentucky State Police Post 11 renovation in London funded at $1.138 million, with members asking how long the repairs would extend the building’s useful life; KSP said the work was a long-term investment and replacement was still many years away. The committee also approved multiple real property lease actions, including a new CHFS lease in Scott County, several lease renewals for the Commonwealth’s Attorney, CHFS, Transportation Cabinet, and a Secretary of State relocation lease tied to a capital renovation project. Members questioned one Jefferson County lease rate and the witness said it had been in place since 2007.
Finally, the Kentucky Infrastructure Authority presented three water loan items, which were rolled and then approved: an $841,383 East Clark County Water District loan for waterline upgrades, a roughly $6.13 million Oldham County Water District loan for US 42 improvements, and a $619,180 increase for Canonsburg Water District’s Schopes Road project due to higher-than-expected bids. The committee then approved eight K-12 school facility issuances, including projects in Clinton, Franklin, Fulton, Lincoln, McLean, Paris, Somerset, and Spencer counties, covering early childhood, new school construction, HVAC, energy conservation, and renovations. The meeting ended with notice of the next meeting date and adjournment.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Transportation Jun 21st, 2026 at 01:00 pm
Joint Committee on Transportation
Transcript Highlights:
- Through this effort, we will establish a service plan and capital program.
- Pavement management is the Aeronautics Division's largest capital investment.
- back into our assets.
- our strategic priorities and our assets to keep them in a state of good repair.
- It's our largest capital plan ever.
Committee:
Joint Joint Committee on Transportation
Summary:
The Joint Committee on Transportation held an informational hearing with invited testimony from MassDOT leadership, the MBTA, Massport, and the state’s Federal Funds and Infrastructure Office. MassDOT officials outlined work across highways, rail and transit, the Registry of Motor Vehicles, and aeronautics, emphasizing major capital spending, bridge and roadway programs, transit grants, rail expansion, airport safety, and modernization efforts. They highlighted Chapter 90 and municipal grant programs, the Compass Rail and West-East Rail efforts, RMV upgrades such as electronic titles and driver licensing systems, and aeronautics work on airport pavement, drones, and advanced air mobility.
Committee members focused on safety, service access, and project implementation. Questions to MassDOT covered automated enforcement and rising roadway fatalities, the Allston multimodal project’s federal funding, Complete Streets access for rural communities, and South Coast Rail staffing and future electrification. The RMV was asked about the Work and Family Mobility Act, Real ID demand, and appointment access, especially in Metro West. Members also raised concerns about South Coast Rail operations, Keolis staffing, and whether the Stoughton route remains part of future plans; MassDOT and MBTA officials said they are working on staffing, service reliability, and long-term expansion, while noting that nothing is off the table for future rail improvements.
MBTA General Manager Phil Eng reported progress including workforce growth, elimination of subway speed restrictions, expanded reduced-fare access, bus network redesign, South Coast Rail launch, and commuter rail signal upgrades. He said the agency is pursuing a new commuter rail operating contract designed to support future regional rail, electrification, and higher-frequency service, while maintaining service and workforce stability amid funding uncertainty. Members also asked about fare collection data privacy and the impact of state funding levels; Eng said the MBTA needs the governor’s proposed funding to preserve service and staffing, and that the fare system’s data are encrypted and handled through a secure vendor system.
Massport CEO Rich Davey reported record activity at Logan, Worcester, and the cruise and maritime facilities, along with major capital and climate investments such as sustainable aviation fuel planning, shore power at Flynn Cruiseport, renewable diesel, and expanded ground transportation. He said Massport is planning for continued passenger growth and managing congestion through parking, HOV, and curbside changes, while monitoring federal policy, tariffs, and air traffic control staffing issues. Federal Funds Director Quentin Palfrey described the administration’s efforts to secure federal infrastructure dollars, citing about $9 billion in federal awards since the start of the administration, including major transportation grants for the Cape Cod Bridges, Allston, West-East Rail, North Station drawbridge replacement, roadway safety, and clean school buses. He warned that changing federal policies, grant delays, and possible future congressional actions create uncertainty, but said the office is working case-by-case with municipalities and agencies to protect awarded funds and find alternative financing where needed.
WA
Washington 2025-2026 Regular Session
Senate Transportation Jan 13th, 2026
Transcript Highlights:
- The highway improvement program, the capital program, is the biggest one at $5.3 billion.
- Ferries operating and capital is 14% of the program.
- Ferries operating and capital is 14% of the program, and then you can see on down the list there the
- Over a four-year timeframe for operating and capital programs, you were able to keep the majority of
- There's also $160 million to address other assets that fail, such as slope stabilization, $160 million
Summary:
The Senate Transportation Committee met on January 13, 2026, for a work session on Governor Ferguson’s proposed 2026 supplemental transportation budget and a public hearing on Senate Bill 6005, which makes supplemental transportation appropriations for the 2025–27 biennium. Committee staff reviewed the transportation budget outlook, noting that the 2025 session had balanced the transportation budget over four years with significant new revenues, but that recent fuel-tax and Climate Commitment Act forecasts had softened the long-term outlook. Staff and the governor’s budget team said the proposal still leaves the budget in positive shape while addressing major needs such as preservation, ferry replacement, maintenance, and the state self-insurance account.
The governor’s office described a $16.8 billion transportation budget proposal centered on preservation and maintenance, including $3.1 billion in bonding for eligible preservation projects, $1.1 billion for three new ferries, additional ferry preservation funding, pavement and bridge work, maintenance funding, County Road Administration Board startup money, State Patrol communications upgrades, DOL service access improvements, dredging for the Lower Columbia River, and restored regional mobility grant funding. Committee members asked about ferry capacity, DOL mobile offices, self-insurance costs, and whether additional preservation money could be used in 2026. Testifiers from cities, counties, labor, ports, construction, business, and environmental groups generally supported the emphasis on preservation, ferry reliability, local road funding, and freight projects, while some urged broader transit and rail investment and one witness criticized the budget’s spending approach.
During public testimony on SB 6005, speakers from Bainbridge Island and ferry communities supported ferry investments and reliability improvements; local government and labor representatives backed preservation funding and better working conditions for transportation workers; business and construction groups endorsed maintenance, paving, bridge repair, and the Lower Columbia dredging item; and port and environmental advocates supported freight, port electrification, and rail funding. One witness raised concerns about the cost and long-term implications of hybrid-electric ferry maintenance, and another urged restraint in spending. The hearing ended after testimony, with the chair noting the sign-in tally and adjourning the committee without a vote on the bill.