Video & Transcript Research : 'performance bond'

Page 39 of 500
NM
Transcript Highlights:
  • Is that a bond? The financial assurance required from the EPA—is that a bond? So, Mr.
  • And that's what I'm wondering: is that a bond? Mr.
  • Chairman, my understanding is that that is a bond. That is a bond on the operator.
  • as opposed to... ...a bond?
  • Sometimes that can look like a cash bond or a letter of credit.
Summary: The committee first heard a presentation from the Environment Department on PFAS contamination in private wells in La Cienega, Santa Fe County. Staff said the plume likely came from historic use of firefighting foam associated with airport and National Guard fire-training activities, with possible additional contribution from septic systems and consumer products. They described the contamination as affecting about 200 private wells, the short-term response of providing residential filters through a $2 million legislative appropriation, and ongoing work to define the plume’s full extent, identify responsible parties, and consider longer-term regional water solutions. Members asked about filter costs, replacement schedules, disposal of used cartridges, follow-up testing, health studies, and whether cleanup or containment had begun; the department said cleanup would follow once the plume is fully mapped and that DOH is soliciting interest in a blood study. The committee also discussed the need to track disposal of PFAS filters and the possibility of broader statewide capacity for similar work. The committee then took up abandoned uranium mine cleanup. NMED and EMNRD staff reviewed the new uranium mine reclamation program created by HB 164, the state dashboard tracking sites, and the FY26 appropriation of $20 million for neglected contaminated sites, of which $12 million is being used for neglected uranium mines and the remainder for other contaminated sites. They said six contractors were hired, three priority sites in Grant County are moving forward quickly, and additional sites are being prepared for possible FY27 work. Members pressed for details on how funds are spent, why the revolving fund remains unfunded, how federal, state, tribal, and landowner requirements are coordinated, where contaminated material will be moved, and whether cleanup could also address homes built with contaminated materials. Staff said the work is governed by multiple regulatory layers, that the state is seeking an additional $25 million for FY27-FY28 plus a time extension, and that partnerships with tribes would require longer-term agreements. The committee also discussed federal cleanup efforts and the new Good Samaritan law, with members urging stronger advocacy for New Mexico sites, including tribal lands, and asking whether the Attorney General should pursue legal action against federal parties responsible for legacy contamination. Staff explained that some sites are already covered by settlement funds tied to responsible parties, while neglected sites are those with no responsible party and no other cleanup program. The committee then heard from EMNRD on Class VI carbon sequestration primacy. Staff said New Mexico currently has no operating Class VI wells, about 27 Class II acid-gas injection wells are operating, and only a small number might be candidates for conversion. They explained that the state’s primacy application would require more public outreach than federal rules alone, and that cost estimates for post-injection site care are based on long planning horizons, with some costs borne by operators and some by the state after closure. No votes were taken on the substantive items discussed; the committee approved the prior meeting minutes and took a brief recess between presentations.
NM

New Mexico 2025 Regular Session

Other - PSCOC Apr 14th, 2025

Public School Capital Outlay Oversight Task Force

Transcript Highlights:
  • We do not engage in selling bonds or going to bond elections for a capital program.
  • bond that you decided you were short after the bond.
  • Our bond cycles are scheduled every four years.
  • We have district bonds available totaling $41 million.
  • It was just not performed in a timely manner, although it was performed.
TX

Texas 89th 2nd C.S.

Energy Resources Mar 3rd, 2025

Energy Resources

Transcript Highlights:
  • Uh, we're also responsible for updating building energy codes and high-performance building standards
  • Um, sounds like we gave you a lot of work to do in the interim and you've, you've faithfully performed
  • By the way, because some of these wells didn't have bonds, some of the wells that have bonds are smaller
  • Um, I'll close by saying, uh, rather than focusing on how individual resources perform in a silo.
  • This energy resource will perform well, right, because it's underground producing. Uh, energy.
AL

Alabama 2025 Regular Session

Alabama Senate Mar 18th, 2025

Alabama Senate Floor Meeting

Transcript Highlights:
  • diligence, and a commitment to excellence, the Parker High School football team gave an incredible performance
  • and defeated... ...incredible performance and defeated Sarah Land High School 28 to 17.
  • I've seen him perform live, but I know that he has purchased Fort McClellan, I believe. ...he has purchased
TX

Texas 89th Regular

Senate Session Mar 18th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • They've got a performance coming up.
  • perform for an adult? And I think we all know what the right answer to that is. Never, never.
  • officers who are protected from prosecution in the performance of their own actions. official duties
  • And it's never okay for an adult to induce a child in sexual performance of a child.
  • Depending on the character, there was not women. men performing the shows.
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Pensions and Retirement - 03/18/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • <00:21:23.400> a I want to talk about performance a I want to talk about performance a little
  • performance performance because<00:21:59.880> when<00:22:00.200> I<00:22:00.320> think
  • Our performance is calculated by two independent nationally recognized firms.
  • Our performance is calculated by two independent nationally recognized firms.
  • <00:32:36.159> in benefited from that greatly us Bonds in benefited from that greatly us Bonds
Keywords: 1187, senate, all
NM

New Mexico 2025 Regular Session

IC - Legislative Finance Oct 15th, 2025

Transcript Highlights:
  • Models are based on the assumption that SIC meets its performance targets, investment performance targets
  • Resources than just going out and buying stocks or bonds.
  • But why don't we want to just buy stocks and bonds?
  • Well, what about bonds? Bonds have not been. Good over the last few years.
  • It has been one of the worst performing funds.
TX

Texas 89th Regular

Local Government (Part I) Apr 28th, 2025

Local Government

Transcript Highlights:
  • at no cost to the state whatsoever with no cost coming from general revenue as it is funded through bonds
  • We have, um, an annual allocation through bonds where we can, um, do mortgage backs or mortgage, um.
  • OK, uh, on the bonds, you said there was a revenue back, what revenue? Mortgage revenue bonds.
  • They're all standalone mortgage type bonds. Yes, sir. All right, thank you.
  • the functions that they must perform for their cities.
FL

Florida 2026 Regular Session

Appropriations Apr 22nd, 2025

Appropriations

Transcript Highlights:
  • So the day-to-day functions are performed by the actual employees in the office.
  • Taxes pledged for revenue bonds...
  • Taxes pledged for revenue bonds don't have to be re-approved until the bond ends.
  • In this case, the ballot must inform voters of the intent to bond the revenues and explain what the bond
  • the bonds are completed, and let's say the debt service is completed.
Summary: The Appropriations Committee met with a quorum and considered a series of bills, most of them receiving favorable reports. SB 132, as amended, would require the Department of Financial Services to contract for a study on whether Florida should recognize gold and silver as legal tender; an amendment advanced the report deadline to December 1, 2025, and the bill was reported favorably. SB 1050, also amended, expands the intellectual and developmental disabilities managed care pilot program statewide, emphasizes that enrollment is voluntary, adds transparency and reporting requirements for APD, creates a statewide family care council, and requires related studies and coordination; it was reported favorably after supportive testimony about reducing the APD wait list. SB 820 codifies the Office of Faith and Community in the Governor’s office, and the bill drew extended debate over church-state separation and concerns about political activity by the office; despite opposition from several senators, it was reported favorably. SB 1060 creates a joint legislative oversight committee for Medicaid financing and operations, with supporters citing the size of the program and the need for stronger legislative review; it passed favorably. SB 7032 presumes Medicaid eligibility for permanently disabled individuals receiving certain long-term services during redetermination, to prevent gaps in care, and was reported favorably with broad support. SB 12, a claim bill for a minor injured in a DCF-related case, was also reported favorably without opposition. The committee also approved several infrastructure and tax-related measures. SJR 318 proposes an ad valorem exemption for certain tangible personal property used in agriculture or agritourism, such as equipment and tractors, and was reported favorably with support from agricultural and business groups. SB 818, as amended, revises utility relocation funding for public road and rail projects, shifting the financing structure after constitutional concerns were raised and adding a $50 million grant program; it passed after discussion of the impact on local governments and utilities. SB 1348 modernizes DMV services through tax collectors, adds a distracted driving course option, bans appointment scalping, and extends certain disabled parking permit terms; it was reported favorably. SB 1664 requires voter reapproval of local taxes, including tourist development taxes and local option sales taxes, when they expire, with special rules for taxes tied to revenue bonds; it drew significant debate over impacts on tourism-dependent counties and was reported favorably despite opposition from some members and local government groups. SB 1050, SB 820, SB 1060, SB 7032, SB 12, SJR 318, SB 818, SB 1348, and SB 1664 all received favorable committee votes, and the meeting ended with final missed-vote requests and adjournment.
NM

New Mexico 2025 Regular Session

IC - Investments and Pensions Oversight Nov 5th, 2025

Investments & Pensions Oversight Committee

Transcript Highlights:
  • rating to reduce, and in fact, the bond rating is scheduled to go up.
  • And to fund performance, I think at the time it was an option. It was something that worked.
  • and how you're going to be performing it.
  • to perform, as long as it's within those program limits that we mentioned earlier.
  • Madam Chair, Senator Figueroa, it depends on the type of service they're going to perform.
NM
Transcript Highlights:
  • data through performance measures.
  • , with the new bonding package.
  • We would be paying a separate debt for whatever we would bond with the bonding authority.
  • So instead of paying 108 million on the 2003 bonds and whatever the new debt service on the new bonds
  • Because the bonding authority allows for us to bond for projects as they're ready for construction.
Keywords: 996, all
HI

Hawaii 2025 Regular Session

CPC/CPN Joint Info Briefing - Wed Dec 17, 2025 @ 9:30 AM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • model performance. model performance.
  • So, but the HHRF does have bonding capacity where effectively you would issue bonds with some kind of
  • use the premiums you're charging to pay off those bonds over time.
  • would issue bonds with effectively you would issue bonds with some<01:50:32.400> kind<01:50:32.639
  • And then there those bonds over time.
Keywords: 910, house, all
Summary: The joint committees held an informational briefing on efforts to expand insurance capacity in Hawaii’s property market, especially for condominium and homeowners coverage. The Insurance Commissioner reviewed the background: a legislative task force, the governor’s emergency proclamation in August 2024, and Senate Bill 1044 in May 2025 led to new condo insurance products. He said the work over the past two and a half years was producing positive results and introduced representatives from HPIA and HHRF/HHR to provide updates. HPIA’s board chair and its administrator described the organization’s history, structure, and current products. HPIA said it was created in 1991 as a residual market for homeowners insurance, now writing four residential products: HO2 homeowners, renters, HO6 condo unit owners, and dwelling fire. They reported policy counts have grown again as admitted-market carriers tightened underwriting, and they discussed financial pressure from reinsurance costs, though those costs had declined in 2025 after different purchasing decisions. They also said the market has become more favorable overall, with some capacity returning and deductibles beginning to ease. Members focused much of their questioning on HPIA’s proposed higher dwelling limits. HPIA explained that the current $450,000 limit for homeowners and dwelling fire was set in 2023, but agents are now asking for a higher limit in the $650,000 to $750,000 range because construction costs have risen and many policies are not being submitted when the limit is too low. HPIA said it has the authority to raise the limit through a filing with the Insurance Division and expects more submissions if the cap increases. They also discussed the shift in the book of business from roughly 70% lava-zone coverage to closer to a 50/50 split between lava and non-lava risks. HPIA outlined strategic initiatives: a new policy administration system that went live October 1 and now allows online payments, online claims reporting, and electronic notices; a filed request to raise the homeowners and dwelling fire limit to $650,000 effective March 1 for new business and April 1 for renewals; an increase in the HO6 condo unit owners limit from $5,000 to $100,000; and a planned commercial property all-other-perils-excluding-hurricane condo product targeted for filing by January 31. No votes were taken, and the meeting was informational only.
TX
Transcript Highlights:
  • or have bonding authorization.
  • Not whether or not they want to do a bond or have bonding authorization, and they understand exactly
  • tasks that could be performed more efficiently and cheaply by someone else.
  • We review performance regularly.
  • We review performance regularly.
Bills: SB 1
Summary: The Senate Finance Committee held its first hearing of the 89th regular session, adopted nearly identical committee rules from the previous legislature by a 15-0 vote, and began review of Senate Bill 1, the state budget for fiscal years 2026-27. Chair Huffman outlined the budget framework, emphasizing conservative spending, a $332.9 billion all-funds budget, and major priorities including property tax relief, public education, border security, health and human services, transportation, energy, and water infrastructure. She also introduced committee and leadership staff and described the hearing schedule and public testimony procedures. Comptroller Glenn Hager presented the biennial revenue estimate, saying the state has $194.6 billion available for general-purpose spending, including a $23.8 billion ending balance, but warned that revenue growth is returning to more normal levels and that lawmakers should avoid using temporary spikes for ongoing commitments. Senators questioned him extensively about the Economic Stabilization Fund cap, sales tax trends, inflation, and whether the state should consider raising the cap or using severance-tax revenues differently. Hager said the Rainy Day Fund is expected to hit its cap, which would leave more severance-tax revenue in general revenue, and he stressed that infrastructure needs remain significant. The Legislative Budget Board then gave a detailed overview of SB 1 and the budget’s major components. LBB staff explained that the bill includes continued funding for the Foundation School Program, $850 million for the Texas State Technical College endowment, $1.3 billion for the Texas University Fund, $6.5 billion for border security, salary increases for correctional officers and state troopers, $3 billion for dementia research, higher community attendant wages, expanded community-based care, $5 billion for the Texas Energy Fund, and funding to clear volunteer fire department grant backlogs. They also outlined supplemental priorities such as water infrastructure, retirement legacy payments, rail grade separations, wildfire aircraft, and emergency facilities, and said the current controlling budget limit is the tax spending limit. A major portion of the hearing focused on property tax relief. LBB explained that prior-session relief grew from an expected $18 billion to $22.7 billion because of higher-than-anticipated property values and interactions among hold-harmless provisions, and that SB 1 continues and expands relief with $51 billion in total property tax relief, including $3 billion more for compression, $3 billion to raise the homestead exemption from $100,000 to $140,000, and a $500 million placeholder for business tax relief. Senators discussed the automatic nature of some of these costs, the effect of the non-homestead circuit breaker, the role of federal COVID funds, and the need to maintain school finance commitments if the state continues to compress school tax rates.
MO

Missouri 2026 Regular Session

Budget Jan 21st, 2026 at 08:15 am

Budget

Transcript Highlights:
  • Page 249 is the bid and performance bond refund section.
  • In Kansas City, we did not bond.
  • for repayment for those bonds.
  • Half of the project was bonded for.
  • The one thing I will add is that we have not been able to issue those bonds yet because bond counsel
Keywords: 959, house, all
OR
Transcript Highlights:
  • We're going through bond sale right now, or bond ratings.
  • That in particular is more specific toward general obligation bonds and lottery bonds.
  • advisor to sell state bonds to... ...our municipal advisor to sell state bonds to different investors
  • For lottery bonds. For lottery bonds.
  • For lottery bonds. For lottery bonds.
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.
AZ

Arizona 2026 Regular Session

03/03/2026 - House Education

Education

Transcript Highlights:
  • So they're bonding with their peers and also reducing the isolation. ...and they get to do that with
  • a cohort, so they're bonding with their peers and also reducing the isolation of teaching.
  • Was performance related at all in years three and five? Did that have any impact?
  • So they did have performance separately. So they did both.
  • with four years of experience, should the salary schedules acknowledge performance?
Keywords: 1182, all
Summary: The Education Committee began with a lengthy presentation from Dr. Victoria Dyson Homer on the Arizona Teacher Residency Program. She argued that Arizona faces a teacher shortage and high attrition, with many teachers uncertified or leaving early, and said research shows high-quality, practice-based residencies improve retention, teacher confidence, and student outcomes. She compared Arizona with Texas, described Arizona Teacher Residency’s structure as a year-long apprenticeship paired with coursework and mentorship, and said the program’s early data show strong retention and positive student feedback. Committee members asked about how the residency differs from traditional student teaching, its master’s-degree structure, and whether it should influence broader teacher-preparation and salary policies. The committee then heard and debated SCR 1006, a ballot referral dealing with school restroom and pronoun policies. The measure would require schools to provide reasonable accommodations for students unwilling or unable to use sex-designated multi-occupancy restrooms or sleeping quarters, and would bar school employees from using pronouns or names inconsistent with a student’s biological sex without written parental permission. The sponsor framed it as a parental-rights and student-safety measure, while opponents from education, civil liberties, and mental health backgrounds called it discriminatory, unnecessary, and harmful to transgender and non-binary students. After public testimony and member debate, the committee approved SCR 1006 on a 7-5 vote. The committee also considered SB 1126, which would require schools to provide certain student records and related information to Department of Child Safety caseworkers during abuse or neglect investigations and would prohibit schools from blocking staff from speaking directly with DCS. DCS testified neutrally, saying the bill could help resolve delays and improve information sharing, while members raised FERPA and guardianship concerns. The bill passed 10-0 with two members present. Finally, the committee took up SB 1210, which requires certain out-of-state private postsecondary institutions offering fully online programs to Arizona residents to register with the state’s private postsecondary regulator and comply with tuition recovery fund requirements unless covered by reciprocity. Supporters said the bill closes a regulatory loophole and protects students financially; it passed 11-1. The committee then adjourned.
CA

California 2025-2026 Regular Session

Senate Energy, Utilities and Communications Committee May 12th, 2026

Energy, Utilities and Communications

Transcript Highlights:
  • The modeling and analysis that we perform to support the SB 254 study as the financing catastrophe’s
  • It's a short-term annual bonus structure, which often has various different performance elements, and
  • structure, which is generally defined as measuring performance over a period of three or more years,
  • The measures that are usually used for that are stock performance, and that's kind of just the way. .
  • We could have wildfire bonds, wildfire bonds, second home assessments, tax assessments.
Keywords: 987, senate, all
Summary: The committee held the first of several informational hearings on the SB 254 Natural Catastrophe Resiliency Study, focused on wildfire risk, utility liability, and how to finance catastrophic losses. Chair Allen opened by describing California’s recent utility-ignited wildfires, the creation of the wildfire fund under AB 1054, and SB 254’s extension of that fund and requirement for a study. The California Earthquake Authority, as wildfire fund administrator, presented the report’s process and findings, emphasizing that the study was intended to be neutral and broad, based on extensive stakeholder outreach, and that the status quo is not working well for survivors, communities, ratepayers, insurers, or utilities. CEA’s report organized recommendations into three policy pathways: continued mitigation investment, more equitable allocation of catastrophe burdens, and expanded state roles in catastrophe financing. For utilities, the report discussed options such as setting a binding risk-tolerance standard, preserving safety certificate accountability, tying executive compensation more directly to safety, creating confidential reporting with safe-harbor protections, reforming utility liability including possible changes to inverse condemnation, limiting damages, reducing insurance subrogation, and creating a fast-pay facility for survivors. The financing analysis compared a more durable wildfire fund, risk transfer/reinsurance, liability reforms, and state-backed mechanisms such as a state insurer, a state backstop, and broader funding for community wildfire mitigation. The CPUC said wildfire mitigation oversight has improved, but wildfire-related costs are driving electricity bills higher and creating an affordability crisis. The Office of Energy Infrastructure Safety highlighted its wildfire mitigation plan review and field inspections, and recommended stronger safety reporting and more safety-weighted executive compensation. In member discussion, senators and assemblymembers focused on the cost of the status quo, whether the burden should be shared by ratepayers, utilities, the state, or other parties, and whether California should consider broader disaster-financing approaches. Several members raised concerns about inverse condemnation, the pace of survivor compensation, local land-use responsibility, and the need for a more comprehensive statewide solution rather than piecemeal bills. No votes or formal actions were taken; the hearing was informational only.
MO

Missouri 2026 Regular Session

Children and Families May 4th, 2026

Children and Families

Transcript Highlights:
  • It also moves school board tax levies and bond indebtedness to the general election.
  • It also moves the school board tax levies and bond indebtedness to the general elections.
  • This bill also restricts when our district can place tax levies or bond issues on the ballot, limiting
  • The bond and levy limitations that this bill would place.
  • Moving bond and levy questions to the November general election...
Summary: The committee heard testimony on Senate Bill 1002, which would move St. Charles County school board elections and school bond/levy questions from April to the November general election, extend school board terms to four years, and allow candidates to voluntarily list party affiliation. The bill sponsor and several supporters argued that November elections would increase turnout, broaden parent and taxpayer participation, reduce the influence of a small April electorate, and potentially save money. Supporters also said the change could make campaigning more feasible and help voters identify candidates’ general viewpoints. Opponents, including school board members, parents, the Missouri NEA, and the Missouri School Boards’ Association, argued that the bill unnecessarily singles out one county, would politicize school board races, and could bury local education issues on crowded November ballots. They also warned that moving levy and bond questions to November could reduce districts’ flexibility to address urgent needs, and that four-year terms could make recruitment harder and reduce accountability or institutional continuity. Several witnesses said school boards should remain nonpartisan and focused on governance, budgeting, and student needs rather than party labels. Committee members questioned the sponsor and witnesses about why the bill applies only to St. Charles County, whether staggered terms would be lost, and whether partisan labels would help or harm voters. Some members expressed support for the concept as a pilot or model, while others objected to the county-specific approach and the addition of party affiliation. The transcript does not show a final committee vote or other action on the bill.
MN
Transcript Highlights:
  • appropriation bonds.
  • system um uh and uh appropriation bonds system um uh and uh appropriation bonds uh<00:35:11.680>
  • Andrew Lee, is that if we were to bond for appropriation bonds of $394 million, that's going to be $32
  • Andrew Lee, is that if we were to bond for appropriation bonds of $394 million, that's going to be $32
  • that we might not even have a bonding that we might not even have a bonding build<00:51:06.240><
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

Committee on Capital Investment - 02/26/26

Capital Investment

Transcript Highlights:
  • PSIG on top of that were the geo bonds PSIG on top of that were the geo bonds for<00:20:46.160><
  • year's bonding bill.
  • program and and bonding bills. program and and bonding bills.
  • projects you will see in our bonding projects you will see in our bonding request.<01:08:16.000>
  • bonds issued by the Met Council. bonds issued by the Met Council.
Keywords: 1187, senate, all