Video & Transcript : 'shared stewardship' :

Page 369 of 500
FL

Florida 2026 Regular Session

Banking and Insurance Mar 25th, 2025

Banking and Insurance

Transcript Highlights:
  • I'm a student of the Constitution, an economist, an investment manager, and I want to share with you
  • I don't believe it actually does interface, because crypto is based on a shared ledger on the blockchain
  • So it's got the excitement to young people when I share this, that's like, oh, this is like gold crypto
  • I don't believe it actually does interface because crypto is based on a shared ledger on the blockchain
  • So it's got the excitement to young people when I share this, that's like, oh, this is like gold crypto
Summary: The committee first took up SB 794, as amended by a late-filed strike-all, which would require a human being to make insurance claim denial decisions and prohibit artificial intelligence from being the sole basis for a denial. The sponsor said the bill was intended to preserve human oversight while allowing innovation in claims processing. Public testimony included support from the Florida Insurance Consumer Advocate and the Florida Medical Association, along with one speaker urging additional protections for homeowners. The committee adopted the strike-all and reported SB 794 favorably with committee substitutes. Members then heard SB 134, which removes the $500 threshold on the sales tax exemption for bullion, making sales of gold, silver, and platinum bullion fully exempt and eliminating certain dealer documentation requirements. Supporters argued the change would reduce a regressive tax and help consumers preserve savings; the sponsor estimated a revenue impact of about $300,000. The bill was reported favorably. The committee also adopted a strike-all on SB 888, which directs the Office of Insurance Regulation to create a more consumer-friendly homeowners insurance website with premium comparison information, market data, rate filing access, and educational resources. The sponsor and Leader Boyd said the goal was to improve transparency and help consumers navigate a stabilizing market. SB 888 was reported favorably with committee substitutes. The final bill heard was SB 1578, covering mammograms and supplemental breast cancer screenings. The sponsor said it would expand coverage requirements in ACA plans and private insurance policies, including annual mammograms for women ages 40 to 50 and supplemental screening coverage, while noting Medicaid already provides these services. The Florida Insurance Consumer Advocate waived in support, and the bill was reported favorably. After the bills, the committee held a lengthy panel discussion on gold and silver as legal tender and transactional money, with testimony from officials from Utah and Florida, industry representatives, and advocacy groups. Panelists discussed constitutional authority, consumer protections, depository oversight, taxation issues, and possible transactional platforms for precious metals. No further action was taken after the discussion, and the committee adjourned.
NM

New Mexico 2025 Regular Session

House - Taxation and Revenue Mar 19th, 2025

House Taxation & Revenue

Transcript Highlights:
  • After my introductory remarks, my co-sponsor, Representative Henry, will share.
  • You're creating a fund, you're intercepting 8% of the state share, and you're creating a fund that then
  • Chair, $20 million for Hobbs, which is your shared district. Sorry, Mr. Chair, Mr.
  • Chair, um, to confirm, might you share Who's, who's whispering us over here in the corner?
  • That is considered our local share.
KY
Transcript Highlights:
  • sub would do is direct that TRS do an annual review of the breakdown of each individual employer's share
  • actuarial accrued liability, as determined by the actuary, just so we know how much each employer's share
  • the unfunded liability is. ...as determined by the actuary, just so we know how much each employer's share
  • need to is a necessary profession and we need to continue<00:15:32.360><c> to</c><00:15:32.480><c> share
  • that message every continue to share that message every opportunity<00:15:34.199><c> that</c><00:15:
Summary: The House State Government Committee met with a quorum and considered three bills. House Bill 73, as amended by committee substitute, added We Lead CS to the list of agencies participating in the Teachers’ Retirement System administrative provisions. The sponsor explained the bill corrects an oversight involving a computer science education service provider established in 2022. A question about fiscal impact was answered with no expected fiscal note or actuarial impact. The committee adopted the substitute and passed HB 73 19-0 with favorable expression. House Bill 441 addressed teacher shortages by expanding the number of retired teachers and critical-shortage-area teachers school districts may hire. The sponsor said districts could hire retired teachers up to 10% of staff and critical shortage area teachers up to 10%, replacing lower current limits and a temporary COVID-era provision that had expired. Members asked about work limits, salary rules, and how often shortage areas are identified; the sponsor said retired teachers remain subject to existing earnings limits, critical shortage teachers are paid at least a rank-two, 10-year salary, and shortage areas are identified annually by the Commissioner of Education. Supportive comments noted the bill was a stopgap and that long-term solutions should include recruitment, retention, and pay. The committee passed HB 441 19-0 with favorable expression. House Bill 462 would allow county clerks to correct marriage applications or licenses by affidavit, without requiring a lawsuit in circuit court, when there are obvious errors or omissions. The Kenton County clerk and another clerk testified that the change would help people who need corrected records for Social Security, Real ID, inheritance, and other legal purposes, while still preserving data needed by Vital Statistics. Members described the bill as a practical efficiency measure. The committee passed HB 462 19-0 with favorable expression, and the meeting then adjourned.
US
Transcript Highlights:
  • Our witnesses will share their valuable perspectives and set the stage for the EPW's committee work on
  • keep this morning's hearing record open until March 21st to give all stakeholders the opportunity to share
  • I want to share a few other ways Congress can help reduce clean water act 404 permitting delays, protect
  • And our guide shared that any time a company needs a new air or water permit or land use permit or anything
  • By contrast, these businesses shared how confusing the U.S. permitting process was.
Summary: The meeting focused on critical discussions surrounding the need for modernizing the federal environmental review and permitting processes. Witnesses from various sectors, including Nucor, provided testimony on the delays and costs associated with current regulations, emphasizing the impact on infrastructure and economic growth. Major projects in West Virginia, such as the Corridor H and Coalfield Expressways, were highlighted as examples of initiatives stalled by excessive permitting hurdles, prompting calls for bipartisan legislation to streamline these processes while maintaining environmental protections. The committee expressed a commitment to address these issues immediately, highlighting the urgency to enhance efficiency in permitting to facilitate economic development.
US

US Federal 2025-2026 Regular Session

Hearings to examine the VA's Community Care Program. Jan 28th, 2025 at 09:30 am

Senate Veterans' Affairs

Transcript Highlights:
  • If that is indeed true, stories like the ones Eric and Paige will share and the countless others that
  • I'm going to begin by sharing a personal story to show you why this is so important to me.
  • Thank you for the opportunity to share Charlie's story.
  • Golnick, thank you for sharing your experience seeking mental health care through the VA and for the
  • And so while standards are important, I would also submit that I don't share some of my friends' views
FL

Florida 2026 Regular Session

Judiciary Jan 14th, 2025

Judiciary

Transcript Highlights:
  • I was looking forward to being here and sharing, as my friend said, boots on the ground.
  • And so I wanted to come and share with you some information about what I'm seeing.
  • The ripple effect is real, and so I could share so many stories.
  • So you've shared a lot of your observations, but what do you think we should keep in mind and what do
  • Ten of us sat huddled at this conference, writing down ideas that we were sharing with each other.
Summary: The Judiciary Committee met with a quorum present and heard several Office of the State Courts Administrator presentations. Judge Mark Mahan discussed the impact of 2023’s HB 837 litigation reforms on court operations, explaining that the law’s changes to comparative negligence, filing deadlines, collateral source evidence, premises liability, bad faith claims, attorney’s fees, and offer-of-judgment rules triggered a major March 2023 civil filing surge. He described how filings tripled statewide, with especially large increases in auto negligence and premises liability cases, and outlined how circuits responded through active case management, added resources, and workflow changes. Members asked whether the bill’s immediate effective date contributed to the surge and whether clearance rates would normalize over time; Judge Mahan said the court system viewed its response as a success and expected rates to settle as the backlog is worked through. The committee then received a presentation on problem-solving courts from Jennifer Grandal and Judge Nina Richardson. Grandal reviewed Florida’s drug courts, mental health courts, veterans courts, dependency and early childhood courts, noting statewide best-practice standards, annual reporting requirements, funding sources, and data collection systems. Judge Richardson gave a local perspective on treatment courts, emphasizing that they address underlying mental health and substance use issues, rely on judicial supervision and sanctions as well as incentives, and help participants achieve recovery and avoid reoffending. She said the programs are accountable, transparent, and effective, and thanked the Legislature for continued support. Finally, Judge Rachel Nordby and Eric McClure outlined the judicial branch’s legislative agenda. Nordby summarized the Supreme Court workgroup’s recommendations to expand Florida’s vexatious litigant law, including broader coverage, fewer qualifying adverse cases, a longer lookback period, and a public records exemption for stricken defamatory or sham material. McClure then highlighted additional agenda items: modernizing the duty-judge statute, expanding senior management retirement eligibility, authorizing additional judgeships based on workload studies, removing the statutory cap on court-ordered nonbinding arbitration compensation, protecting appellate clerks’ personal information, allowing alternative authentication for certain judicial notarizations, and creating a hearsay exception for guardian ad litem reports and testimony. No votes were taken, and the committee adjourned after member introductions and staff introductions.
TX

Texas 89th Regular

Public Education Mar 18th, 2025

Public Education

Transcript Highlights:
  • So I just wanted to share with you, I'm often burdened.
  • I share your concern.
  • Let me share just one story with you we've had just this year.
  • Rogers, thank you for sharing your story.
  • So I'm excited to share that with you. My name is Stephanie Augenbaugh.
MN

Minnesota 2025-2026 Regular Session

Committee on Education Policy - 02/05/25

Education Policy

Transcript Highlights:
  • I didn’t know there was some confusion last week about whether or not we would be ending power sharing
  • I'm going to share a couple of examples, and I will try to be brief.
  • </c> going to share I want to share a couple going to share I want to share a couple of<00:09:06.480>
  • Um, I prefer the word responsibility sharing rather than power sharing.
  • </c><02:09:00.320><c> I</c> sharing rather than power sharing. I sharing rather than power sharing.
Keywords: 1187, senate, all
NH

New Hampshire 2026 Regular Session

House Judiciary (02/20/2026)

Judiciary

Transcript Highlights:
  • </c> trans people have been forced to share trans people have been forced to share deeply<00:20:17.840
  • I share those concerns.
  • </c><00:35:37.760><c> her</c> came up to me and I I won't share her came up to me and I I won't share
  • </c> without just quoting me openly sharing without just quoting me openly sharing that<01:11:03.520>
  • </c><02:07:12.800><c> intimate</c> also put in danger when sharing intimate also put in danger when sharing
Keywords: 1189, house, all
HI

Hawaii 2026 Regular Session

CPC Public Hearing - Tue Mar 3, 2026 @ 2:00 PM HST

Consumer Protection & Commerce

Transcript Highlights:
  • with us is specific shared with us is specific administrative<00:35:30.640><c> or</c><00:35:30.800><
  • I do want to also share with you and emphasize the element of this.
  • </c> should be covered without cost sharing. should be covered without cost sharing.
  • Maybe sharing some medical records or whatnot.
  • </c> sharing some medical records or whatnot. sharing some medical records or whatnot.
Summary: The committee heard several administration bills related largely to workers’ compensation and unemployment insurance. On HB 2323 HD1, which would modernize workers’ compensation notice and filing procedures, DLIR and other agencies testified in support of the original bill language but said HD1 removed key components and weakened the bill’s clarity and continuity. HB 2324 HD1, which would repeal state hoisting-machine certification requirements and the separate crane operator certificate, drew support from DLIR; members asked about whether the change would affect safety or local operators, and DLIR said OSHA-compliant certifications already exist and the union supported the change. HB 1509 HD1, which would require faster employer responses to treatment plans and impose penalties for nonresponse, received support from DLIR and others, while DHRD said it wanted an amendment. The committee also took up HB 2164 HD1 on compounded prescription drugs in workers’ compensation. DLIR supported the bill as a way to define compounded drugs and curb inflated pricing, but DHRD and a medical provider opposed it and asked for amendments. Testimony focused heavily on whether the definition should include 503B compounding facilities and whether physician dispensing should be limited to the first 30 days after injury. HB 2165 HD1, dealing with unemployment insurance eligibility and removing the two-year limit on recouping overpayments, was supported by DLIR but opposed by Unite Here Local 5, which argued it would make it harder for striking workers and other claimants. Members questioned the impact of changing reporting deadlines from calendar days to business days and raised concerns about future benefit offsets; DLIR said the bill was needed for federal conformity and that the committee would revisit the offset percentage and effective date. Later, the committee heard HB 2367 on pay transparency, requiring salary ranges in job postings and removing the small-employer exemption. The Hawaii Civil Rights Commission, AAUW, Hawaii Women Lawyers, and an individual testifier supported the bill, saying pay transparency promotes fairness, trust, and pay equity; one testifier described being underpaid compared with a predecessor and said posting ranges would save applicants’ time. HB 2619 HD1, concerning homemade food products and farm kitchens, received generally supportive comments from the Department of Health, which requested an amendment to preserve flexibility in future rulemaking. HB 1765 HD1, on spear-fishing safety warnings, drew support from a safety educator and comments from DLNR; supporters said warning labels would help prevent hypoxic blackout deaths and were low-cost and easy to implement. No votes or final committee actions were taken in the portion of the meeting provided.
MN

Minnesota 2025-2026 Regular Session

Committee on Jobs and Economic Development - 02/23/26

Jobs and Economic Development

Transcript Highlights:
  • Generally, premiums are shared between employers and employees, and employers may deduct up to 0.44%
  • ><c> between</c> Generally, premiums are shared between Generally, premiums are shared between employers
  • the results of those forward to sharing the results of those as<00:30:02.320><c> we</c><00:30:02.480
  • with the with with that we're sharing with the with with with<00:53:01.359><c> you</c><00:53:02.240>
  • Um I shared with the to implement.
Keywords: 1187, senate, all
MN
Transcript Highlights:
  • So the governor felt that the counties could have a share in this, and so what is that share?
  • So the governor felt that the counties could have a share in this, and so what is that share?
  • </c> share in this and so what is that share share in this and so what is that share what<01:32:23.560
  • So, for the first biennium, it's about $180 million of share.
  • But he thought it was fair for the counties to share in some of this.
Keywords: 919, house, all
Summary: The committee took up House File 2437, the governor’s proposed tax bill, and first adopted the A25-Z42 amendment to put the bill in the desired shape. Commissioner Paul Marquardt of the Department of Revenue then presented the bill as part of Governor Walz and Lieutenant Governor Flanagan’s budget, describing it as a response to budget pressures that would make the tax system more fair and stable while supporting economic development and jobs. Marquardt walked through the bill’s major provisions. These included sustainable aviation fuel policy, repeal of K-12 education credit assignment, elimination of the political contribution refund, expansion of the research and development credit, short-line railroad infrastructure modernization, changes to the state airport fund levy, replacement of attachments and appearances with distribution systems, a narrow personal property tax exception for low-income housing tenants, reduced aquatic invasive species aid, and a 34% reduction in PILT payments. He then focused on the sales tax article, saying it would lower the statewide rate by 0.75% while expanding the base to selected professional services such as accounting, banking, brokerage, and legal services, with business-to-business transactions exempt. He said the proposal would be effective for sales and purchases after September 30, 2025, and estimated a first-year rate-cut impact of about $99 million versus $215 million from the service expansion, while arguing that most households would see a net tax cut. He also noted other changes such as landlord penalty adjustments, a 30% reduction in sustainable aviation fuel incentive payments, repeal of local government cannabis aid, and repeal of the tax filing modernization account. Public testimony began with Kyle Playford of the Financial Planning Association of Minnesota, who strongly opposed the proposed sales tax on professional services, especially financial planning. He argued that financial planning is an essential service for retirement, investment, and long-term financial security, and said the tax would raise costs for consumers, reduce access for middle-class families, small business owners, and retirees, and put Minnesota firms at a competitive disadvantage. The chair then indicated that additional public testimony would continue before member questions.
MN

Minnesota 2025-2026 Regular Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 3/19/25

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • Can you kind of share for us, as young men in the community around St.
  • </c><01:25:27.800><c> their</c> our testifiers really um share their our testifiers really um share their
  • At the request of Betty Rail, I'm here to share her story.
  • </c> story thank you Miss Pilgrim for sharing story thank you Miss Pilgrim for sharing that<01:31:05.159
  • With me today is a testifier who will share more, and if you have hard questions, ask her, not me.
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

Committee on Jobs and Economic Development - 03/03/25

Jobs and Economic Development

Transcript Highlights:
  • Well, I can share, for example, just allocating that we are sharing that we received the million-dollar
  • Well, I can share, for example, just allocating that we are sharing that we received the million-dollar
  • Well, I can share, for example, just allocating that we are sharing that we received the million-dollar
  • Well, I can share, for example, just allocating that we are sharing that we received the million-dollar
  • </c><00:31:30.080><c> the</c> we are sharing that we received the we are sharing that we received the
Keywords: 1187, senate, all
MA
Transcript Highlights:
  • We recently passed a fair share tax to secure money for transportation and education.
  • Thank you for sharing your story online. Next, I have Caitlin Vaca. Caitlin?
  • Today, I am both honored and proud to share a Pappas testimony with all of you.
  • My name is Caitlin Vaca, and I am sharing my Pappas testimony with all of you.
  • I have a unique perspective to share with you today.
Keywords: 995, all
Summary: The special legislative commission on the future of Pappas Rehabilitation Hospital for Children held a hybrid public hearing focused on the hospital’s future, admissions, staffing, infrastructure, and whether the facility should be preserved, expanded, or reimagined. Opening remarks from legislators, commissioners, parents, and union representatives emphasized that Pappas provides a unique combination of medical, rehabilitative, educational, and residential services for children with complex needs, and several speakers argued that the hospital is effectively being depopulated through reduced admissions and ongoing discharges despite public assurances that it remains open. Multiple speakers urged the commission to extend its authorization and continue its work before any closure or major change can occur. Testimony from labor leaders, including AFSCME, SEIU Local 509, and the Massachusetts Nurses Association, described a “silent closure” in practice, with staff reporting confusion about the hospital’s status, declining census numbers, blocked admissions, and uncertainty about the workforce’s future. They called for immediate action to stop admission denials and unnecessary discharges, and some proposed short-term solutions such as temporary modular structures to address infrastructure barriers and allow admissions to resume. Parents and former patients testified that Pappas provided life-changing independence, specialized therapy, and campus-based supports that they said could not be replicated elsewhere, and they criticized alternative placements as inadequate. Commissioner Robert Goldstein of the Department of Public Health said the administration supports keeping Pappas open and funded while the commission works, but he argued that admissions must comply with hospital-level-of-care rules and that the campus’s deteriorating infrastructure limits the kinds of children who can safely be served there. He said the department is continuing admissions for appropriate patients, working to expand outreach and services, and exploring long-term options, including broader statewide models of care. Commissioners pressed him on whether discharge status or lack of a clear discharge plan had been used as a barrier to admission, and requested de-identified data on patients recommended for admission but denied. No formal votes were taken during the hearing.
NY

New York 2025-2026 Regular Session

New York State Senate Session - 05/21/2026

New York Senate Floor Meeting

Transcript Highlights:
  • I wish to start by sharing my deep condolences with Secretary Mosley and with Ms.
  • I just wanted to take this moment to put a Queens part of it back in and not let Brooklyn share all of
  • Local law enforcement as it relates to information sharing is exempt from this bill.
  • Sharing information is one thing. I'm not talking about sharing information.
  • It is on civil matters, and I just shared two other quick points.
Keywords: 993, senate, all
Summary: The Senate opened with routine proceedings, approval of the prior day’s journal, and several motions to restore previously passed bills to the third-reading calendar. Senate Print 2436A, an amendment to the Administrative Code of New York City, and Senate Print 7160, an amendment to the Elder Law, were both reconsidered and restored to the calendar by roll call. Amendments were also received on Senate Print 9960, which retained its place on the third-reading calendar. The chamber then paused to honor Madeline Wilson on her 100th birthday and Marilyn D. Mosley through previously adopted resolutions, with family members and guests recognized on the floor. The Senate also welcomed Columbia Kicks Cancer, a student-run East Greenbush fundraising team that raised more than $239,000 for blood cancer research and care. The Finance Committee reported Senate Print 9005C, a budget bill amending Chapter 268 of the Laws of 1996, directly to third reading, and the Senate accepted the report and the message of necessity. The bill was then taken up on the controversial calendar, leading to extended debate on Part LL, which focused on limits on state and local cooperation with federal immigration enforcement, including 287(g) agreements, informal cooperation, masking rules for law enforcement, sensitive locations such as polling places, and the creation of an Office of Immigration Trust within the Attorney General’s office. Supporters argued the bill would keep state and municipal employees focused on their own duties, protect constitutional rights, and prevent New York resources from being used for federal immigration enforcement; they also said it would not bar all cooperation or prevent local police from responding to crime. Opponents argued it would hinder public safety, restrict law enforcement cooperation, and interfere with local discretion, while some raised concerns about constitutional issues and the practical effects on sheriffs, county jails, and police agencies. The debate also included a separate provision creating a civil cause of action for constitutional-rights violations by federal, state, or local officials, which supporters described as an accountability measure. Members further discussed the masking section, with supporters saying it applied broadly to officials and was intended to withstand constitutional scrutiny, while opponents cited a recent Ninth Circuit ruling striking down a similar California law. The Office of Immigration Trust and its complaint/referral process were also examined, including the role of the Governor and the State Education Department in reviewing alleged violations. No final vote on the controversial calendar bill was taken in the portion of the transcript provided.
MN

Minnesota 2025-2026 Regular Session

Committee on Housing and Homelessness Prevention - 04/09/26

Housing and Homelessness Prevention

Transcript Highlights:
  • Thank you for the opportunity to share insights on the state of manufactured housing in Minnesota and
  • ><c> goal</c><00:46:39.200><c> of</c> Housing providers share the goal of Housing providers share the
  • I'm going to share a personal story with you on why Right to Renew is so critical.
  • ,</c> situations that were shared, situations that were shared, but<01:02:38.520><c> I</c><01:02:38.600
  • Have they had any outcomes that you were able to share? Senator Pha.
Keywords: 1187, senate, all
WA
Transcript Highlights:
  • It can also identify a young person as suitable to share a room when they should not.
  • And, you know, we might be able to share anecdotes, but we don't have specific data on whether those
  • We're happy to share those numbers with you in more detail.
  • Could you share a little bit about what committee members might want to be interested in seeing in a
  • Do you have any comments you'd like to share with us on the report?
Summary: The committee met on July 15, 2026, but initially lacked a quorum, so it could not adopt prior minutes. Chair Jerry Pollett welcomed new member Senator Victoria Hunt and new JLARC staff, and noted national recognition for recent JLARC reports. The meeting then moved into a series of preliminary audit presentations and an agency strategic management update, with committee members asking questions after each item. JLARC presented a preliminary audit of DCYF’s Juvenile Rehabilitation programs. Staff concluded that crowding, staffing shortages, weak risk assessments, and inconsistent programming combine to create unsafe conditions. The report found that most youth are housed in two large secure facilities operating near or above capacity, incidents rise as population rises, 47% of frontline staff leave within a year, current assessment tools are not valid for the population, and program access depends more on facility than individual need. JLARC made one recommendation to the legislature to address crowding and seven to DCYF, including improving retention, training, incident response procedures, validated assessments, program alignment, and data quality. DCYF Secretary Ross Hunter said the agency agreed overcrowding is a serious problem, described ongoing efforts to improve staffing and safety, and said a detailed response would be provided later. Committee members raised concerns about education access, retaliation against staff or youth who participated in the audit, and whether JR-25 has helped or worsened conditions. JLARC then presented a preliminary audit of Labor and Industries’ enforcement of farm worker labor laws. The audit found that L&I generally meets inspection timelines for health and safety complaints, but not for wage and hour or retaliation complaints, where delays are driven largely by time before assignment to an investigator. Staff said complaint volume exceeds capacity, though the agency has added staff, created screening processes, and reorganized workloads, and 2026 legislation now allows prioritization of complaints and broader investigations. JLARC recommended that L&I report back in December 2026 and December 2027 on backlog reduction and implementation of the new law. An L&I representative said the agency is hiring additional staff and will provide a formal response later. The committee also received a JLARC overview and Department of Health strategic management plan update on hospital data reporting, inspections, complaints, and adverse event reporting. DOH reported measurable progress on inspection compliance, new staffing and licensing systems, translated complaint forms, and plans for future work on language access, adverse event reporting, and financial data dashboards. After lunch, JLARC began its 2026 tax preference performance reviews. The first review covered the Main Street tax credit, which JLARC said has helped increase the number of Main Street communities and businesses, with positive growth near designated districts; JLARC recommended continuing the preference and improving business-count data. The second review covered the equitable access to credit program, which JLARC said appears to support underserved communities by funding loans through CDFIs; JLARC recommended continuing the preference beyond its 2027 expiration. The committee began questions on the program mechanics and the role of the Community Reinvestment Act, and the presentation was still underway when the transcript ended.
ND

North Dakota 2026 1st Special Session

Budget Section Regulatory Division Jun 24th, 2026

Transcript Highlights:
  • So this, we're all sharing, we're all putting the learnings into one basket.
  • What I'm trying to share is... No, I'm not warning you in any way, shape, or form.
  • What I'm trying to share is the seriousness of the situation.
  • So no, no threat at all, Representative Munson, just sharing the reality of the situation.
  • It makes you share that vision over and over and over with all the staff.
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:
  • The beauty is that under EERC, they all share their ideas.
  • So this, we're all sharing, we're all putting the learnings into one basket.
  • What I'm trying to share is... No, I'm not warning you in any way, shape, or form.
  • What I'm trying to share is the seriousness of the situation.
  • It makes you share that vision over and over and over with all the staff.
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.