Video & Transcript Research : 'finance'

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TX
Transcript Highlights:
  • With the Senate Committee on Finance come to order.
  • Thank you all for the opportunity, Chairwoman Huffman, to address the Finance Committee.
  • Finance hearing. Yes, okay, Senator Hinojosa.
  • Members of the Senate Finance Committee, my name is Jacob Hupp, and I'm with the Galveston Bay Foundation
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • Chair Lambert, Senate Finance Committee Chair Huffman, Mayor Watson and his capable team, and our pension
  • With the bill, as was mentioned by the representative, it would inadvertently constrain our financing
  • working with Representative Schofield in the House and Senator Sparks in the Senate to take out any financing
  • They own a municipally owned utility, and they have the same concern regarding financing electricity
  • Long-term interests and the short-term interests of the finances of their entity know how to do this.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • Typically, a consumer finance loan is the... more colloquial term that's used, and it's kind of known
  • Last year, these companies did get a 25% increase in their admin fee through the finance commission.
  • An out-of-state entity that's financing the loan, right?
  • My name is Elizabeth Hammond, and I work for Mariner Finance.
  • a regulator in North Carolina, and my last eight years of my 30-year career, I regulated consumer finance
TX

Texas 89th Regular

Senate Committee on Water, Agriculture, and Rural Affairs Apr 7th, 2025

Water, Agriculture and Rural Affairs

Transcript Highlights:
  • There’s no attention nor ability to finance expansion.
  • a 40-year term versus a 30-year term. ...for those projects they are financing.
  • I know there are school districts that are looking at financing structures for school buildings with
  • With 30-year financing, almost a third of that cost is placed on existing ratepayers before a single
  • Senate Bill 1261 provides an optional financing tool to help make these large regional projects more
TX

Texas 89th Regular

Water, Agriculture, and Rural Affairs Apr 7th, 2025

Water, Agriculture and Rural Affairs

Transcript Highlights:
  • It was a Water Development Board number for financing and how they were going to use it to finance projects
  • Senate Bill 1261 seeks to upgrade our financing options with Texas Water Development Board by granting
  • a 40-year term versus a 30-year term for those projects that are financing.
  • Senate Bill 1261 extends financing terms so that more of the debt burden is shifted off the existing
  • for terms of 50 years in length, but that keeps the maximum terms for SWIFT state financing vehicles
Summary: The Senate Committee on Water, Agriculture, and Rural Affairs heard several water-related bills, with testimony focused on drinking water quality, groundwater contamination notice, flood infrastructure funding, water rights conservation, and utility service areas. SB 1662 would limit TCEQ’s advance notice to public water systems to no more than 24 hours before testing after a consumer complaint, to reduce the chance of temporary treatment affecting results. SB 1663 would allow TCEQ to notify private well owners, groundwater conservation districts, and nearby residents by direct means about known groundwater contamination, rather than relying mainly on first-class mail and annual reporting. SB 2124 would move the deadline for publishing the Texas Groundwater Protection Committee’s annual report from April 1 to June 1. Witnesses on the first two bills described long-running water quality problems and delayed notice in their communities and supported the measures. No opposition was recorded, and each bill was left pending for a later vote. The committee also heard SB 1967, which would expand eligibility for Flood Infrastructure Fund financing to multipurpose projects that both reduce flooding and create water supply. Senator Hinojosa and Hidalgo County representatives described the Delta Reclamation Project as a shovel-ready example that would capture flood and drainage water, treat it, and produce new potable supply while also providing detention and flood mitigation. A Sierra Club witness also supported the bill, saying such projects could help manage floodwaters and reduce polluted discharges to bays and estuaries. The bill was left pending. A lengthy and divided discussion followed on SB 1413, which would expand the streamlined expedited release process for landowners seeking removal from a water or sewer CCN in additional counties. Senator Nichols said the bill was a property-rights measure aimed at legacy monopolies and bad actors who use CCNs to hold landowners hostage, while supporters described cases where developers could not get timely service, including fire flow, or were asked to fund infrastructure without reasonable recoupment. Opponents from rural water corporations and utility associations argued the bill would undermine investment in water infrastructure, strand debt, and weaken the return on planned expansion. PUC and TCEQ resource witnesses explained that compensation is handled case by case through appraisal and can include stranded costs, planning, design, construction, and some legal fees, but members noted the statute is unclear and discussed possible committee substitute language. Public testimony was closed with the bill left pending. Later, SB 1624 would allow the Texas Water Trust within the Texas Water Bank to hold donated water rights for conservation purposes and protect them from use-it-or-lose-it cancellation, and SB 863 would address Edwards Aquifer utilities that straddle the aquifer boundary by allowing them to continue using Edwards water within their certificated areas under specified conditions. Both bills were laid out, received no public opposition in the hearing, and were left pending.
TX
Transcript Highlights:
  • Chairman, as chair of the Article III workgroup, and the other members of Senate Finance have diligently
  • budget that you Mr Chairman as chair of the Article III workgroup and the other members of Senate Finance
Summary: The Senate Committee on Education K-16 met with a large agenda and repeatedly recessed for floor activity and other committee conflicts. The committee heard and left pending several higher education bills, including SB 2361 to transfer University of Houston-Victoria from the University of Houston System to the Texas A&M System and rename it Texas A&M University Victoria; testimony from university officials, local leaders, and industry representatives strongly supported the move as a way to better align degree programs with regional workforce needs in engineering, agriculture, and STEM. SB 530, which would align Texas accreditation statutes with federal rules allowing institutions to choose among nationally recognized accreditors, also received supportive testimony and was left pending. SB 1085, allowing Sul Ross satellite campuses to offer lower-division coursework toward bachelor’s degrees, was laid out and left pending as well. The committee also took up a series of education policy bills. SB 1241 would expand the standardized tests Texas public universities may accept for admission beyond the SAT and ACT, with supporters from the Classic Learning Test, homeschool advocates, and student-choice groups arguing it would increase access and competition; it was left pending. SB 769 would require a TEA/Higher Education Coordinating Board report on barriers faced by students with disabilities in higher education, and testimony from The Arc of Texas and others emphasized the need for better data and accessibility; the bill was left pending. SB 2231 would designate the second week of October as Free College Application Week, and SB 1878 would modernize terminology and support workforce-oriented programs at the Josie School; both were laid out and left pending. The committee reported several bills favorably after adopting committee substitutes. SB 605, concerning charter school expansion applications while under conservatorship or a management team, passed on a 9-0 vote. SB 1871, SB 1873, and SB 1874, all related to school discipline and teacher immunity/placement review provisions, were adopted and reported favorably, with members noting the need for further discussion on some language. SB 762, dealing with flag displays in public schools, passed on a 7-1 vote. SB 1962, relating to public school accountability and challenges to school system operations, passed 7-1 after a corrected vote. SB 1750, replacing a $60 million statewide charter facilities cap with an attendance-growth-based allotment, passed 7-1 with one member voting present not voting. SB 2252, supporting kindergarten readiness and early literacy/numeracy, SB 2253, concerning educator preparation and certification, SB 2365, on student use of wireless devices during instructional time, and SB 1924, restoring local peace officer citation authority for school offenses and adding reporting and parent-notification requirements, were also reported favorably. The committee additionally heard SB 37 on higher education governance and compliance oversight, which passed 7-1 after a substitute that refined curriculum review, governing board authority, faculty senate rules, and a new compliance office within the Higher Education Coordinating Board.
TX

Texas 89th 2nd C.S.

Finance Apr 2nd, 2025

Finance

Transcript Highlights:
  • The Senate Committee on Finance will come to order.
  • We also extend our sincere thanks to Senator Finance Chair Huffman for her leadership and support of
  • Senator Sparks, you are welcome to the Senate Finance Committee and you're recognized on Senate Bill
  • The Senate Committee on Finance stands recessed, subject to call of the chair. Thank you.
  • The Senate Committee on Finance Hands of Recess, subject to call the chair. Thank you.
Summary: The Senate Finance Committee heard several bills focused on tax administration, transportation, emergency services, historic preservation, forensic training, pension funding, and the state’s rainy day fund. Senate Bill 1337, by Senator Creighton, would require the comptroller to assess penalty and interest only on the net tax due and allow sales and use tax overpayments to offset underpayments more automatically; it was left pending while the author, comptroller staff, and a private witness continued working on the language and fiscal note. Senate Bill 1371, by Senator Hinojosa, would address Corpus Christi transit authority operations, including emergency refueling coordination, fare-setting procedures, and board term limits; it received supportive testimony and was left pending. Senate Bill 1377, by Senator Perry, would create a grant program for rural counties to buy ambulances, with a committee substitute expanding eligible uses in some cases to equipment and setting a sunset date; numerous EMS officials, county representatives, and association witnesses testified in support, emphasizing rising ambulance costs, staffing shortages, and the need for rural emergency coverage, and the bill was left pending after testimony. Senate Bill 868, by Senator Sparks, would direct at least 10% of volunteer fire department assistance funding to high wildfire-risk areas; Texas A&M Forest Service explained the map and methodology, and the committee substitute was adopted. The committee also heard Senate Bill 1426, which would place the First Capitol State Historic Site in West Columbia under Texas Historical Commission stewardship, and Senate Bill 1620, which would create a Texas Forensic Analyst Apprenticeship Pilot Program through the Office of Court Administration to address forensic scientist shortages; both had no opposition in testimony and their committee substitutes were adopted. Senate Bill 2065 would change the Texas Emergency Services Retirement System funding structure to require an actuarially determined state contribution and address the system’s unfunded liability over 30 years; Pasadena fire department representatives testified that the pension is an important volunteer retention tool, and the bill was left pending after testimony. Senate Joint Resolution 4 would raise the Economic Stabilization Fund cap from 10% to 15% of biennial revenue deposits, with a committee substitute correcting the effective date to September 1, 2027; the committee discussed the fund’s current balance and purpose before adopting the substitute. After quorum was established, the committee voted out the measures. Senate Bill 1868, Senate Bill 1371, Senate Bill 264, Senate Joint Resolution 4, Senate Bill 1426, Senate Bill 1620, and Senate Bill 2065 were all reported favorably to the full Senate, with some bills also certified for the local and uncontested calendar. The committee substitute for Senate Bill 868 was adopted and the bill was reported favorably as well. The committee then recessed subject to the call of the chair.
TX

Texas 89th Regular

Business and Commerce Mar 11th, 2025

Business & Commerce

Summary: The Senate Committee on Business and Commerce met with a quorum and took up several pending bills, first reporting SB 1006 favorably after adopting a committee substitute that adds quarterly ZIP-code-level reporting to TDI on insurer declinations, cancellations, and nonrenewals. The committee also adopted substitutes and favorably reported SB 388, which adds nuclear to a credit program and excludes batteries from the dispatchable definition; SB 917; SB 504, which narrows reporting requirements for certain local entities, raises a salary threshold, and authorizes AG injunctive relief; SB 925, which clarifies that federal match dollars are included in a PLA-related prohibition; and SB 815, which removes downcoding references and focuses on AI use in prior authorization. SB 815 advanced on an 8-2 vote, while SB 388 advanced 6-3 and the others were reported 9-0 or 6-0 as noted. The committee then heard testimony on SB 378, which would prohibit aestheticians and cosmetologists from administering injections or using prescriptive medical devices unless legally authorized and would clarify TDLR disciplinary authority. The author and a retired neurosurgeon testified that unsafe, unauthorized injections pose real patient risks, and a TDLR witness said the bill addresses a long-standing regulatory gap. SB 378 was left pending after testimony. The committee also heard SB 1252, aimed at reducing municipal permitting barriers for residential backup power systems; the author and industry witnesses said city permitting is costly and inconsistent, while municipal utility representatives and advocates said the substitute preserved safety and utility oversight. That bill was also left pending. Additional bills heard but left pending included SB 1172, which would let LPs and LLCs sell their own property without a real estate license; SB 681, which would extend engineer license renewal periods and apply similar flexibility to engineering firms; SB 918, a TDLR cleanup bill for orthotics and prosthetics exemptions; SB 1343, which would require data brokers to post a clear link explaining Texans’ privacy rights and how to exercise them; SB 213, which would prohibit forced bundling of residential property and auto insurance while preserving voluntary discounts; SB 610, which would codify TDLR’s anti-trafficking unit; and SCR 8, expressing opposition to a central bank digital currency over privacy, security, and financial-stability concerns. Public testimony on SB 1343 and SB 213 was generally supportive, with consumer and advocacy groups emphasizing privacy, competition, and survivor safety, and the committee closed the day with those measures and others left pending.
HI

Hawaii 2026 Regular Session

HLT-HHS Joint Info Briefing - Fri Mar 6, 2026 @ 10:00 AM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • So when we get the green light and the state accounting and financing systems are set up, we'll hit the
  • green light and the state<00:17:52.640> accounting<00:17:53.240> and<00:17:53.400> financing
  • <00:17:53.920> systems state accounting and financing systems state accounting and financing
Bills: HB2246, HB2119, HB1929, HB1953, HB1572, HB2549, HB2594, HB2551, HB2595, HB2548, HB2459, HB1931, HB1604, HB1616, HB1736, HB2233, HB2241, HB1891, HB1803, HB2567, HB2534, HB2399, HB2172, HB1595, HB1811, HB2168, HB1780, HB1781, HB1785, HB2122, HB2012, HB2398, HB1779, HB2296, HB1894, HB1925, HB2019, HB1896, HB2294, HB2298, HB2300, HB2344, HB2345, HB2391, HB2037, HB2201, HB1941, HB1635, HB1943, HB2325, HB1926, HB2490, HB1710, HB2545, HB1976, HB2173, HB1804, HB1563, HB2015, HB1619, HB2475, HB1889, HB2367, HB2187, HB1765, HB1452, HB2231, HB1700, HB1705, HB1626, HB1897, HB1642, HB1523, HB2593, HB815, HB1655, HB1596, HB1732, HB1842, HB2476, HB2478, HB2022, HB1588, HB2575, HB1163, HB2153, HB772, HB1519, HB2050, HB2309, HB2147, HB2329, HB2274, HB2280, HB2547, HB2275, HB2452, HB2306, HB2148, HB2088, HB1764, HB2438, HB2117, HB1860, HB2604, HB2118, HB2017, HB2155, HB1832, HB2216, HB1601, HB1934, HB2297, HB2397, HB1893, HB2533, HB1890, HB2454, HB2004, HB2427, HB2207, HB1810, HB1840, HB1644, HB1645, HB1946, HB1648, HB2324, HB2323, HB1509, HB1514, HB1515, HB2164, HB2165, HB2283, HB1691, HB2386, HB2423, HB2121, HB1984, HB1593, HB1671, HB2619, HB1481, HB2314, HB2319, HB1643, HB2558, HB1864, HB1898, HB2214, HB2167, HB2488, HB2009, HB2007, HB322, HB1964, HB2218, HB2616, HB1535, HB1574, HB1977, HB2054, HB2046, HB146, HB2094, HB2181, HB2250, HB2515, HB2444, HB2385, HB1740, HB1724, HB1733, HB1799, HB1725, HB2049, HB2161, HB1970, HB2519, HB1790, HB2416, HB1873, HB2001, HB2151, HB1603, HB1880, HB1753, HB2198, HB1511, HB1991, HB2546, HB1615, HB1939, HB2140, HB2429, HB1870, HB1850, HB1782, HB2137
HI

Hawaii 2026 Regular Session

House Chamber - Thu Mar 5, 2026, 12:00PM HST - Day 23

Hawaii House Floor Meeting

Transcript Highlights:
  • Your Committee on Finance requests a waiver of the 48-hour advanced notice requirement for the purpose
Bills: HB2246, HB2119, HB1929, HB1953, HB1572, HB2549, HB2594, HB2551, HB2595, HB2548, HB2459, HB1931, HB1604, HB1616, HB1736, HB2233, HB2241, HB1891, HB1803, HB2567, HB2534, HB2399, HB2172, HB1595, HB1811, HB2168, HB1780, HB1781, HB1785, HB2122, HB2012, HB2398, HB1779, HB2296, HB1894, HB1925, HB2019, HB1896, HB2294, HB2298, HB2300, HB2344, HB2345, HB2391, HB2037, HB2201, HB1941, HB1635, HB1943, HB2325, HB1926, HB2490, HB1710, HB2545, HB1976, HB2173, HB1804, HB1563, HB2015, HB1619, HB2475, HB1889, HB2367, HB2187, HB1765, HB1452, HB2231, HB1700, HB1705, HB1626, HB1897, HB1642, HB1523, HB2593, HB815, HB1655, HB1596, HB1732, HB1842, HB2476, HB2478, HB2022, HB1588, HB2575, HB1163, HB2153, HB772, HB1519, HB2050, HB2309, HB2147, HB2329, HB2274, HB2280, HB2547, HB2275, HB2452, HB2306, HB2148, HB2088, HB1764, HB2438, HB2117, HB1860, HB2604, HB2118, HB2017, HB2155, HB1832, HB2216, HB1601, HB1934, HB2297, HB2397, HB1893, HB2533, HB1890, HB2454, HB2004, HB2427, HB2207, HB1810, HB1840, HB1644, HB1645, HB1946, HB1648, HB2324, HB2323, HB1509, HB1514, HB1515, HB2164, HB2165, HB2283, HB1691, HB2386, HB2423, HB2121, HB1984, HB1593, HB1671, HB2619, HB1481, HB2314, HB2319, HB1643, HB2558, HB1864, HB1898, HB2214, HB2167, HB2488, HB2009, HB2007, HB322, HB1964, HB2218, HB2616, HB1535, HB1574, HB1977, HB2054, HB2046, HB146, HB2094, HB2181, HB2250, HB2515, HB2444, HB2385, HB1740, HB1724, HB1733, HB1799, HB1725, HB2049, HB2161, HB1970, HB2519, HB1790, HB2416, HB1873, HB2001, HB2151, HB1603, HB1880, HB1753, HB2198, HB1511, HB1991, HB2546, HB1615, HB1939, HB2140, HB2429, HB1870, HB1850, HB1782, HB2137
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Apr 29th, 2026

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • employee pool when they can afford to offer these generous time off, paid time off, that they are financing
  • employee pool when they can afford to offer these generous time off, paid time off, that they are financing
  • Members, House Bill 3979 increases the total amount that the Oklahoma Development Finance Authority can
Summary: The Senate began with a quorum call, gallery introductions, and extended farewell remarks from Senator Jett, who reflected on his six years in the Legislature, his focus on representing constituents, protecting families, and holding government accountable. Several senators responded with personal tributes, praising his conviction, faith, family involvement, and willingness to ask difficult questions. No votes were taken during the farewell portion. The chamber then considered House Bill 2268, a PACE appropriation to support comprehensive care for low-income seniors and expand services in rural Oklahoma. The bill was amended to restore the title, advanced, and passed 34-9, then passed as an emergency measure 36-7. House Bill 3000, a cosmetology and barbering measure, made multiple changes including board reorganization, adding a human trafficking specialist and massage therapist, shifting some licensing functions to Service Oklahoma, and eliminating the massage therapy advisory board. It drew significant debate over process and policy, especially from senators concerned about late changes, lack of board input, and the human trafficking rationale; it passed 25-19 and then as an emergency 33-11. The Senate also passed House Bill 3043, allowing the Oklahoma Department of Veterans Affairs to hire prorated seasonal staff for veterans homes, 37-6; House Bill 3066, creating a revolving fund for federal workforce training money for behavioral health recruitment and retention, 38-6 and as an emergency; and House Bill 3078, allowing donation options on state payment forms for the ODVA revolving fund, 45-0 and as an emergency. Additional measures passed included House Bill 3143, extending the moratorium on new medical marijuana business licenses to 2028, 39-7; House Bill 3144, capping medical marijuana commercial grower licenses at 2,550 after amendment, 34-12; House Bill 3244 on identity theft, 46-0; House Bill 3298 on child interview procedures in court cases, 46-0 and as an emergency; House Bill 3320, replacing the traditional sunset process with more immediate legislative review of agencies, 33-13 and as an emergency; House Bill 3321, requiring county data collection and reporting related to court costs and financial obligations, 45-0 and as an emergency; House Bill 3329, a trailer bill adding a repealer and a sunset for the Board of Psychological Examiners, 33-10 and as an emergency; House Bill 3431, expanding restrictions on foreign entities owning or leasing land and critical minerals, 43-0; House Bill 3464, setting safety and training requirements for certain projects involving fire code compliance and decommissioning, 43-0 and as an emergency; and House Bill 3499, expanding special judges’ authority over vehicle title orders, which was presented and advanced as the transcript ended.
LA

Louisiana 2026 Regular Session

Transportation, Highways and Public Works Apr 21st, 2026

Transportation, Highways & Public Works

Summary: The House Transportation Committee met on April 21 and considered a series of transportation, licensing, tolling, and public safety measures. It reported favorably House Bill 745, extending special permits for tandem loads hauling containers to and from port facilities; House Bill 1000, a DOTD cleanup bill that clarifies Highway Priority Program reporting and raises the letter-bid contract threshold from $1 million to $3 million; and House Bill 1050, which clarifies commercial driver’s license rules, including age and intrastate/interstate driving limits. The committee also approved House Bill 1172 naming a portion of U.S. Highway 165 in Oberlin the Coulin Brooks Manuel Memorial Highway, House Bill 1218 naming a portion of Louisiana Highway 1090 the Lewis Pat Miramon Memorial Highway, House Concurrent Resolution 32 urging backup motors for the St. Claude Avenue Bridge, and House Bill 1207 on public contracting standards and competition in public bidding. A major portion of the meeting focused on House Bill 896, which responds to tolling issues at the Belle Chasse bridge project. The bill would require toll signage, local toll customer service centers, dispute procedures, and limits on administrative fees, with amendments addressing effective dates, in-person assistance, appeal deadlines, law-enforcement exemptions, and limits on certain charges. The author and witnesses described high administrative fees, long travel distances to customer service locations, and problems with toll bills, while committee members noted the issue was complex and ongoing. The committee reported the bill favorably as amended. The committee also heard House Bill 1159, allowing Jefferson Parish municipalities to use automated speed enforcement devices again under local control. Supporters from Gretna, Westwego, Harahan, and Kenner said photo enforcement reduced crashes, improved safety, and helped limited police resources, while opponents were not emphasized in the transcript. After discussion about whether the measure should be voluntarily or involuntarily deferred, the committee ultimately deferred the bill. House Bill 493, which would prohibit expropriation by the Amite River Basin Drainage and Water Conservation District in East Feliciana and St. Helena Parishes, drew extensive testimony about reservoir fears and local opposition; the committee voluntarily deferred it. House Bill 679, as substituted, created a driver’s license designation for people with brain injuries and required related law-enforcement training; witnesses described personal experiences with brain injury and the need for officers to recognize communication and behavioral effects, and the committee reported the substitute favorably. House Bill 1173, which waives late fees for certain reinstatement-relief payment plans for driver’s licenses, was also reported favorably, and House Bill 1024 creating a Louisiana Democratic Party prestige plate was approved as well.