Transcript Highlights:

• Sigurdson and the Campaign Finance Board on the disclaimer language again.
• > and<00:31:55.000> uh of campaign finance and uh of campaign finance and uh administrative
• <00:35:33.520> Public Sigurson of the Campaign Finance Public Sigurson of the Campaign Finance
• [laughter] I don't know if there will be a finance bill.
• anticipating but again the the finance anticipating but again the the finance part<00:58:12.240>

Keywords: 1187, senate, all

Transcript Highlights:

• authority's ability to provide financing authority's ability to provide financing helping<00:26:
• <00:28:22.040> uh MnCIFA to expand its financing uh MnCIFA to expand its financing uh capacity
• Lastly, she said financing partners are asking for these tools.
• <00:31:00.840> partners And lastly, we have financing partners And lastly, we have financing
• financing tools. financing tools.

Keywords: 1187, senate, all

Transcript Highlights:

• Tomorrow, uh, we have on the agenda the education finance bill and the human services finance bill, and
• an amendment for the human services finance bill will be posted later this afternoon. amazing.
• bill and the human education finance bill and the human services<00:03:20.239> finance<00:03:
• > human<00:03:22.480> services<00:03:22.800> finance<00:03:23.120> bill<00
• :03:23.200> will for the human services finance bill will for the human services finance bill

Bills: SF3045, HF2783, HF1943

Keywords: omnibus, state government, local government, elections, campaign finance, voter registration, absentee voting, election administration, electronic rosters, lobbying, lobbyist disclosure, state budget, appropriations, biennial budget, Minnesota Secretary of State, Minnesota Management and Budget, state personnel, civil service, affirmative action, disability employment

Transcript Highlights:

• <00:43:30.599> project-based HUD financed project-based HUD financed project-based um<00:43
• <01:08:11.480> shovel commitment closing on financing shovel commitment closing on financing
• <01:08:27.080> as close financing you draw on financing as close financing you draw on financing
• construction financing construction financing that<01:08:56.199> is<01:08:56.440> timed
• where we're involved in the financing where we're involved in the financing and<01:32:11.679>

Keywords: 1187, senate, all

Transcript Highlights:

• Alex and Ivelasquez with the Department of Finance.
• So Department of Finance will kick us off. Yes.
• Does the Department of Finance have anything to add?
• Finance. I'll also note the Department of Finance.
• Alex and I with the Department of Finance.

Summary: The Assembly Budget Subcommittee on Education Finance, chaired by Assemblymember Alvarez, held a hearing focused on University of California budget issues. The committee reviewed UC core operations funding, enrollment trends, federal funding threats, Title IX implementation, and basic needs support. Major themes included the end of the Governor’s multi-year UC compact, the state’s fiscal outlook, UC’s enrollment growth, and the potential impacts of federal policy changes on research, health care, and student aid. On core funding, the Department of Finance described the Governor’s proposal to continue compact-related support, defer some payments, and authorize a cash-flow loan. The LAO recommended a smaller or no base increase, earmarking some funds for capital renewal, retiring deferrals when possible, avoiding new compact commitments, and funding UC annually rather than through compacts. UC argued that the compact has supported enrollment growth, student services, and operating costs, but said campuses face rising expenses, structural deficits, and limited reserves. Members questioned the effects of deferrals on students and discussed the need to prioritize less harmful reductions if cuts become necessary. The enrollment panel focused on UC’s growth in California resident enrollment and the nonresident replacement plan at Berkeley, UCLA, and UC San Diego. The LAO recommended maintaining the current enrollment target, funding enrollment separately from base increases, pausing the nonresident replacement plan, and holding enrollment flat in 2027-28. UC said it has already met compact enrollment goals, grown California undergraduate enrollment by about 18,800 students, and that further growth depends on ongoing state support. The committee also discussed the cost of enrollment growth, possible differential nonresident tuition, and a reporting request for UC to analyze the nonresident replacement approach; the motion to adopt supplemental reporting language passed. The hearing also covered federal funding risks, with the LAO and UC warning that federal changes could affect research grants, medical center reimbursement, and student financial aid. UC said research cancellations and suspensions are disrupting labs and graduate student support, while federal health policy changes could increase uncompensated care at UC hospitals. In the Title IX update, UC described its systemwide civil rights structure, annual student training, and campus support offices, and members praised the work while asking about ongoing concerns and intersegmental collaboration. The final basic-needs item began with Finance stating the Governor’s budget does not change ongoing support, but the transcript cuts off before further discussion or action.

Transcript Highlights:

• I'll call this meeting of the House Housing Finance and Policy Committee to order and note that a quorum
• Uh, we will now move on to our one bill for the day, which is our housing finance bill.
• <00:02:49.120> and<00:02:49.360> policy the housing finance and policy the housing
• infrastructure resources have financed infrastructure resources have financed more<00:14:09.600>
• <00:18:36.240> affordable use to create and finance affordable use to create and finance affordable

Keywords: 1183, house

Transcript Highlights:

• So I understand the complexity of school finance.
• The, the school finance, um, uh, the, the, the totality of school finance would, would allow you, would
• our school finance system is attendance-based.
• Yeah, it's a method of finance.
• That's the way the school finance system formulas work.

Transcript Highlights:

• We went through this in finance.
• There's just the finance committee report. Okay, then just the finance committee report.
• Back to the finance committee report. Any further discussion on the finance committee report?
• This bill will allow... ...allow a financing mechanism through Health Care Policy and Financing for helping
• In finance, we In finance, we made some adjustments to be sure that we were clear on the actual legal

Keywords: 981, all

Transcript Highlights:

• The Division of Finance, House Bill 2423.
• The Department of Finance has worked with industry stakeholders to develop a new fee structure.
• deposits of the respective assessment fees and transfer funds to reimburse the finance funds for the
• Like I said, if not, I do have the Division of Finance here as well, and various different people who
• We work well with the Division of Finance, specifically the Consumer Protection Division.

Keywords: 959, house, all

Transcript Highlights:

• <00:26:58.799> Administration, of Finance Administration, of Finance Administration, the<00
• committee on finance committee on finance >> thank<00:43:11.599> you<00:43:11.680><
• recommended by the committee on finance. recommended by the committee on finance.
• I thank the Chair of Finance.
• committee on finance. committee on finance.

Keywords: 927, senate, all

Transcript Highlights:

• Public financing programs put more power into the hands of everyday voters.
• Campaign Finance.
• what happens if the campaign finance what happens if the campaign finance office<01:21:31.920>
• only just from the campaign finance only just from the campaign finance software<01:23:58.040>
• The bill will go to Judiciary and Finance.

Keywords: 1187, senate, all

Transcript Highlights:

• Under the rules, it is recommitted to the Committee on Finance.
• It comes from the Committee on Finance with committee amendments.
• It comes from the Committee on Finance with committee amendments.
• It comes from the Committee on Finance with committee amendments.
• It comes from the Committee on Finance with committee amendments.

Bills: SR134, SR135, SR136, SR137, SR140, SR141, SR142, SCR75, SCR77, SCR12, HB75, HB1199, HB221, HCR89, HCR96, HCR103, HCR108, HCR58, HB9, HB177, HB181, HB198, HB202, HB223, HB225, HB387, HB398, HB457, HB459, HB540, HB591, HB616, HB766, HB775, HB783, HB797, HB895, HB906, HB950, HB975, HB1028, HB1052, HB1057, HB1076, HB1100, HB1139, HB1155, HB1160, HB1182, HB1186, HB1220, HB1222, HB1223, HB1224, HB1228, HB1231, HB1245, HB1256, SCR3, SB393, SB401, SB415, SB426, SB435, SB487, SB488, SB523, SB56, SB163, SB341, SB504, SB322, SCR9, SCR58, SB35, SB65, SB215, SB246, SB249, SB269, SB282, SB296, SB323, SB363, SB369, SB474, SB490, SB492, SB500, SB514, HCR27, HCR28, HCR66, HCR67, HCR72, HCR31, HCR47, HCR41, HB363, HB368, HB377, HB380, HB386, HB392, HB431, HB441, HB559, HB664, HB685, HB715, HB741, HB822, HB856, HB908, HB980, HB990, HB999, HB1010, HB1243, HB54, HB137, HB180, HB192, HB310, HB321, HB396, HB512, HB552, HB578, HB638, HB663, HB708, HB717, HB718, HB1009, HB1082, HB1104, HB1107, HB1198, HB1246, HB27, HB143, HB205, HB259, HB267, HB288, HB308, HB403, HB405, HB414, HB417, HB478, HB546, HB548, HB555, HB557, HB609, HB670, HB672, HB740, HB779, HB786, HB796, HB812, HB848, HB915, HB917, HB921, HB930, HB933, HB1095, HB1096, HB1103, HB1129, HB1154, HB1166, HB1187, HB1195, HB1230, HB316, HB511, HB799, HB1039, HB12, HB66, HB145, HB167, HB196, HB213, HB218, HB222, HB256, HB291, HB326, HB352, HB401, HB430, HB433, HB434, HB448, HB456, HB476, HB481, HB487, HB492, HB549, HB579, HB608, HB621, HB624, HB626, HB632, HB637, HB656, HB722, HB745, HB804, HB818, HB821, HB833, HB864, HB867, HB874, HB893, HB909, HB951, HB968, HB969, HB978, HB979, HB988, HB989, HB1001, HB1005, HB1007, HB1024, HB1032, HB1038, HB1050, HB1051, HB1056, HB1059, HB1077, HB1080, HB1081, HB1086, HB1108, HB1112, HB1153, HB1172, HB1173, HB1175, HB1192, HB1193, HB1204, HB1218, HB1242, HB1244, HB1249, HB1252, HB1254, HB17, HB36, HB41, HB47, HB73, HB126, HB133, HB140, HB159, HB166, HB211, HB226, HB271, HB324, HB337, HB351, HB399, HB571, HB712, HB723, HB726, HB750, HB759, HB844, HB966, HB1006, HB1018, HB1036, SB29, SB42, SB43, SB78, SB208, SB217, SB274, SB300, SB379, SB382, SB387, SB441, SB449, HB74, HB134, HB258, HB359, HB468, HB956, HB1117, SB149

Keywords: SR134, Senate Resolution 134, Isaac Herzenberg, Metairie Park Country Day School, Country Day, javelin, track and field, Class 2A, state championship, high school athletics, student athlete, Louisiana Senate commendation, honorary resolution, sports recognition, University of Nebraska, Baton Rouge, LSU Bernie Moore Track Stadium, sportsmanship, collegiate athletics, condolence resolution

Transcript Highlights:

• This is going to move to the finance committee.
• This is going to move to the finance committee.
• This is going to move to the finance committee.
• You're on your way to finance.
• All those in favor committee on finance.

Keywords: 1187, senate, all

Transcript Highlights:

• <00:14:19.279> the administering the tax and to finance the administering the tax and to finance
• for the project and financing costs. for the project and financing costs.
• for it through u traditional financing for it through u traditional financing methods.<00:20:02.320
• uh tax increment financing proposals. uh tax increment financing proposals.
• Subdivision 3 provides the county the authority to issue bonds to finance the cost of the project.

Keywords: 1187, senate, all

Transcript Highlights:

• <00:06:53.680> corporation Kentucky agriculture finance corporation Kentucky agriculture finance
• So yes, I was Finance Corporation.
• But a and a finance corporation.
• have a big day. our finance uh board have a big day. our finance uh board meeting<00:10:16.000><
• <00:13:14.480> program when we started the egg finance program when we started the egg finance

Keywords: Meeting Start 00:00:00 Attendance Roll Call 00:00:09 Approval of Minutes 00:00:48 KOAP Report 00:01:09 Update from CHFS 00:20:27, 958, all

Summary: The meeting opened with a quorum, approval of the September 18, 2025 minutes, and a staff update on recent tobacco settlement-funded agriculture activities. The agriculture side highlighted Commissioner Shell’s outreach, including school visits, farm visits, and speaking engagements in Kentucky and a trip to Tennessee to discuss program models. A representative also described a national conference in Iowa, where Kentucky’s agriculture finance program was praised as a $180 million loan program built with tobacco settlement funds. The board noted September approvals totaling $950,000 for the agriculture development board and $3.3 million for the finance corporation, along with staff activity such as site visits, program closures, and project reports. The board also announced that the KKMP report covering 2015-2022 would be distributed and that the annual report, marking the program’s 25th anniversary, was being prepared. The board then reviewed two featured projects. The Organic Association of Kentucky requested $425,000 for organic producer support, but the board approved only one year of funding at $29,000, with members noting concern about recurring applicants and the need to evaluate long-term funding. The second project, by Joseph Dale Bentley in Lewis County, sought $51,300 to expand a small ruminant facility for goat production and export. Members were particularly interested because the project was already operating and creating market opportunities for Kentucky goat producers; the board approved half the project cost to help expand infrastructure and potentially allow quarantining on site. The cabinet then presented its annual update on tobacco settlement fund use in public health. Julie Brooks, Sarah Johnson, and Andrea Day reported on the HANS home visitation program, tobacco prevention and cessation efforts, lung cancer screening, and early childhood oral health. HANS served more families in FY25, rising from 6,293 to 6,715, and increased services from 139,943 to over 143,000. Tobacco prevention and cessation programs continued to support Quit Now Kentucky and My Life, My Quit, though officials noted federal uncertainty and the loss of federal tobacco control infrastructure. They also reported a slight decline in student outreach and cessation requests, but continued demand from schools and communities for vaping and nicotine prevention support. Lung cancer screening expanded to 55 screens, with Kentucky cited as a model for other states due to improved incidence, survival, and early detection rates. Early oral health efforts continued through local health departments, with more trainings for public health nurses, continued varnish kits, and expanded support for dental graduates and hygiene teams.

Transcript Highlights:

• Henry Ng, Department of Finance. Good afternoon. Henry in the Department of Finance.
• Henry Ayn, Department of Finance.
• Department of Finance. Yeah, Phil Osborne, Department of Finance.
• You mentioned in the Department of Finance... Anthony Franzoid, Department of Finance.
• Department of Finance. Anthony Franzoid, Department of Finance.

Summary: The committee heard extensive testimony on Proposition 36 and its implementation, with judicial and budget officials describing it as a major shift from misdemeanor to felony processing for repeat drug possession and certain theft offenses. Witnesses explained that the law creates a treatment-mandated felony process that can lead to dismissal if a defendant completes treatment, but also requires evaluations, court monitoring, and potentially long, open-ended supervision. Judicial representatives said the new law is already generating large numbers of filings, creating workload, staffing, courtroom, and facility pressures, and that access to treatment beds, housing, and evaluation capacity is limiting participation. Several speakers emphasized that collaborative courts are effective but are not a perfect fit for Prop. 36 because those programs are typically probation-based and serve different risk/need populations. Court officials from San Bernardino and Orange counties said the impacts vary by county but are severe, with some counties seeing hundreds or more filings in a short period and others moving more slowly to build treatment infrastructure first. They argued that Prop. 36 is effectively an unfunded mandate unless the state provides more resources for judges, staff, facilities, treatment, housing, and supervision. The Legislative Analyst’s Office noted that Prop. 36 will reduce the Proposition 47 savings that fund mental health and substance use treatment grants, but said the near-term reduction is relatively modest and that the full effect will take time to appear because of the way those savings are calculated. Members of the committee repeatedly raised concerns that the state is underfunding the courts and counties needed to carry out the new law. The committee also reviewed the Governor’s proposed trial court operations budget, including a partial restoration of a prior $97 million cut and additional ongoing funding. Judicial branch officials said the restoration helped avoid furloughs, hiring freezes, and service reductions, and supported cybersecurity, technology, staffing, and records management. The LAO recommended that the Legislature seek more detail on how midyear restorations are handled and consider clarifying language for transferring unspent trial court trust fund monies to the General Fund. Finance said the flexibility in the ongoing funding was intentional and would be taken back for consideration. In a separate item, the committee heard testimony on a $6.3 million increase for Supreme Court and Courts of Appeal appointed counsel programs. Judicial officials and appellate project representatives said the system is facing a crisis because indigent appeals have risen sharply while the number of panel attorneys has fallen, leaving many cases waiting months for counsel. They argued the proposed increase would help but is still below what is needed to recruit and retain attorneys and prevent delays that affect criminal, juvenile, and child welfare cases. The committee also discussed the Tracy courthouse project in San Joaquin County, where local officials said reopening a courthouse closed since 2011 is necessary to serve a growing population and relieve overcrowding elsewhere. The LAO and Finance both noted the project is next in line under the facilities plan, though LAO suggested the Legislature could consider whether other facility priorities should come first.

Transcript Highlights:

• I serve as the HR director for the Finance Administration Cabinet.
• I'm joined with my general counsel. >> Uh, Barbie Dickens, general counsel of the Finance Cabinet.
• Uh, the Finance Cabinet, our role with the PVA administrators is basically to administer their payroll
• cabinet, our role with uh the finance cabinet, our role with the<00:02:15.520> PVA<00:02:16.560
• > update<00:05:50.080> the<00:05:50.320> PVA the finance cabinet update the PVA

Keywords: Call to Order: 00:15 PVA Administration : 00:15 Adjournment: 10:17, 958, all

Summary: The committee met with a quorum, approved prior meeting minutes, and then took up a single agenda item involving the Property Valuation Administrator (PVA) salary schedule and payroll administration. Finance Cabinet representatives Dale Clemens and general counsel Barbie Dickens testified that the cabinet’s role is to administer PVA payroll and that it needs clear statutory language to do so without interpretation. They said the salary schedule is set in statute, not regulation, and explained that the last update they were aware of was in 2020, with later changes tied to CPI and then updated in 2024 through House Bill 122. Members asked whether PVA salaries had effectively doubled under the 2024 update, how the schedule had been adjusted before 2024, and whether the cabinet could update the schedule administratively. The Finance Cabinet responded that the current language would apply the same increment given to other state employees rather than a CPI-based increase, and that the schedule itself remains in KRS 132.590. The chair and members discussed proposed budget language, including references to the Kentucky Association of PVAs and issues arising since the 2022 budget, with the goal of cleaning up the language so the cabinet could make necessary adjustments. The chair indicated the most recent language appeared to be in the newly dropped HB 500 budget bill and asked whether the PVA representatives could live with it; the PVAs appeared agreeable. No formal vote was taken on the substantive issue during the meeting, and after concluding there were no further questions, the chair adjourned the meeting.

Transcript Highlights:

• So the Housing Division is a housing finance agency.
• So the Housing Division is a housing finance agency.
• They do all this stuff as if it's just a financing mechanism for that.
• You see it with the Board of Finance, right?
• If you tune into a Board of Finance meeting, if you go on the website for the Board of Finance now, you'll

Keywords: 909, all

Transcript Highlights:

• being done by the County State Finance being done by the County State Finance Commission,<00:05:
• what the state county financing what the state county financing authority<00:20:23.200> has.
• the county uh state finance commission. the county uh state finance commission.
• <00:25:40.480> commission for the county state finance commission for the county state finance
• Jim Gray got things from that in finance Jim Gray got things from that in finance yesterday.<01:

Keywords: 1191, senate, all

Transcript Highlights:

• So the use of state bond-financed property, there are restrictions that attach to a state bond-financed
• So the use of state bond-financed property, there are restrictions that attach to a state bond-financed
• So the use of state bond-financed property, there are restrictions that attach to a state bond-financed
• The use of state bond-financed property, there are restrictions that attach to a state bond-financed
• Sales of state bond-financed property do have some requirements that they need to go through.

Keywords: 1183, house

Summary: The Capital Investment Committee met on January 16 for an informational overview on state bonding and capital investment. House Research analyst Chelsea Griffin and House Fiscal analyst Andrew Lee explained the nonpartisan roles of their offices and then walked members through the basics of Minnesota bonding: how bonds are issued and repaid, how they are categorized, and the main legal authorities governing state general obligation bonds, including the state constitution, Minnesota statutes, and federal tax law. Griffin emphasized that state GO bond proceeds must be used for a public purpose, for a purpose authorized in the constitution, as specifically described in law, and must mature within 20 years. She also noted that state GO bonding is typically originated in the House and that capital projects financed with state GO bonds generally require a three-fifths vote in each chamber. The presentation also covered practical limits and requirements on bonding projects, including the distinction between state and local GO bonding, the role of bond counsel, restrictions on bond-financed property, the prohibition on reimbursing already-paid costs, and the full funding and non-state match requirements. In response to member questions, Griffin clarified that the full funding requirement in section 16A.502 means a project must be fully funded before the appropriation is available, while section 16A.86 reflects an expectation that local governments provide about half the financing for local projects, though the legislature can choose to fund more than half or waive a local match. She also said she did not believe a bill to make the 50 percent match requirement statutory passed last session. Lee then began a spreadsheet-based overview of the 2023 capital budget laws, explaining how capital investment spreadsheets are organized and how different fund types appear in the documents. He highlighted examples such as University of Minnesota projects funded with GO bonds and Minnesota State projects using user financing, where the system contributes a share of project costs from non-state sources such as tuition or system revenues. The committee did not take any votes or formal actions during this informational meeting.