Video & Transcript Research : 'pooled finance'
Page 39 of 500
NH
New Hampshire 2025 Regular Session
House Ways and Means (04/15/2025)
Transcript Highlights:
- I also serve on finance.
- Is that betting pool the pool at the racetrack that's doing the simulcast, or is that betting pool a
- It is not a local pool. That's a national pool.
- the state of pool a local pool within the state of New<03:28:37.680>
Hampshire? - It is not a local pool. New Hampshire? It is not a local pool.
Summary:
The committee held a public hearing on SB 60, which would expressly authorize advanced deposit wagering for horse racing in New Hampshire and set the online tax rate at 1.25%, matching the existing rate for in-person horse betting at Seabrook and Belmont. Senator Tim Lang said the bill is intended to clarify that online horse betting is permitted, regulate the activity, and create a revenue stream while keeping the tax rate consistent with brick-and-mortar wagering. Members asked about the rate compared with other states, whether the bill was really about casino front money, and whether geofencing would apply; Lang and later witnesses said the bill is narrowly limited to parimutuel horse racing and would use geofencing to keep wagering within New Hampshire.
Peter Bragdon, speaking for Churchill Downs, supported the bill and described advanced deposit wagering as remote betting on horse races under the Interstate Horse Racing Act of 1978. He said Churchill Downs and other operators have long been active in New Hampshire, but the state’s lack of a specific statute has created a gray area. Bragdon said Churchill Downs stopped its own New Hampshire online operations in 2022 after discussions with the Lottery Commission and attorney general, while competitors continued operating, and he framed the bill as a fairness and consumer-protection measure that would clarify the law going forward. He also said the bill would not affect historic horse racing machines and would not create cannibalization of charitable gaming.
Lottery Director Charlie McIntyre said the Lottery Commission and attorney general had identified the issue as similar to the earlier fantasy sports situation, where legislation was used to regulate an activity rather than pursue enforcement. He said the commission requested the bill, would serve as the regulator, and would address violations through rulemaking and penalties. McIntyre said operators would maintain customer and transaction records, with the commission reviewing them as needed, and he noted that three operators are currently active in the state and not paying the proposed 1.25% rate. No vote was taken during the hearing.
AZ
Transcript Highlights:
- The Senate Finance Committee is called to order.
- Again, the Senate Finance Committee is called to order. Can you all hear me out there? No?
- Specified professions which include involvement in the field of public or private finances. Mr.
- Why not organizations of volleyball players or other types of pools of people? Mr.
- This does allow smaller employers to pool together.
Keywords:
retirement benefits, health insurance, premium payment, Arizona State Retirement System, contingent annuitant, long-term disability, benefits limitations, disability compensation, social security, retirement system, elected officials, ASRS, eligibility waiver, age 65, property tax exemption, disability, veterans, widows, income limits, Arizona Revised Statutes
Summary:
The Senate Finance Committee met to consider several bills and two Arizona State Retirement System nominees. It first passed House Bill 2173, which allows taxpayers and tax officers to communicate electronically about proposed property tax corrections or claims, with an acknowledgement required when responses are sent electronically. The committee then recommended confirmation of Thomas J. Connolly and Charles Essex to the ASRS Board, both receiving unanimous or near-unanimous support after brief introductions and no substantive opposition.
The committee next approved several ASRS-related bills: House Bill 2089 clarifies that the ASRS health insurance premium subsidy applies only when coverage is not already subsidized; House Bill 2090 changes the disability definition tied to long-term disability benefits by removing the requirement that the 24 months occur within a five-year period; and House Bill 2092 shifts the 30-day waiver window for certain members age 65 or older from the date of hire to the date they become eligible to participate. All three passed on largely party-line or near-unanimous votes. The committee also passed House Bill 2120, with a technical amendment, allowing Social Security Administration disability determination letters to be used to certify eligibility for the property tax exemption for persons with disabilities.
House Bill 2693 drew the most debate. It revises Arizona’s bona fide association health plan and multiple employer welfare arrangement provisions to align with ERISA rather than the rescinded 2018 federal AHP rule, and an amendment added a feasibility study by the Arizona Department of Administration on state employee and school district health plans. Supporters argued the bill would expand affordable, voluntary coverage options for small businesses and increase buying power; opponents raised concerns about consumer protections, preexisting conditions, and the history of association health plans. The committee ultimately passed the bill as amended on a 5-1 vote.
Later, the committee passed House Bill 2138, which clarifies that workers’ compensation coverage for firefighters traveling directly to or from work applies to state, municipal, fire district, and fire authority firefighters. It also passed House Bill 2273, a one-time $300 income tax rebate for certain Pinal County residents funded from remaining escrowed transportation-related monies; members discussed whether the remaining funds should instead be directed to roads, but the bill advanced on a 3-2 vote. Finally, House Bill 2786 passed unanimously, exempting rental income from required college textbooks from transaction privilege tax under the personal property rental classification.
KY
Kentucky 2025 Regular Session
House Standing BR Sub. on Econ. Dev., Public Protection, Tourism, and Energy (2-12-25) - Reupload
Transcript Highlights:
- I'm Melissa Brewer, the Executive Director of Finance for the Tourism, Arts, and Heritage Cabinet.
- I want to thank our team with State Parks and Tourism, the Finance Cabinet, and DECA.
- Several park lodges and community pools were constructed in the 60s and 70s.
- several Park lodges and community pools several Park lodges and community pools<00:43:15.040>
were - A consultant has been selected for pool projects and presented with a prioritized list of park pools
Keywords:
Reuploaded to restore full meeting
00:13 Call to Order and Roll Call
01:14 Approval of Minutes
01:40 Tourism, Arts, and Heritage Cabinet
27:44 Department of Parks
59:23 Adjournment, 958, all
Summary:
The committee met for its second Budget Review on Economic Development, Public Protection, Tourism, and Energy and first approved the minutes from the prior meeting. Members then heard a presentation from the Tourism, Arts, and Heritage Cabinet and the Kentucky Department of Tourism on the 1% tourism marketing fund. Witnesses explained that the fund supports statewide tourism promotion, advertising, research, regional marketing, and matching grants to local tourism commissions, and that it cannot be used for capital construction. They reported that the General Assembly and governor increased appropriations in the 2024 session, adding $3 million in FY25 and $7 million in FY26, and set aside funding for the Kentucky Mountain Regional Recreation Authority, the National Quilt Museum, and the Southern Kentucky Tourism Initiative.
Tourism officials emphasized that Kentucky tourism is a major economic driver, citing 2023 figures of $13.8 billion in economic impact, 79.3 million visitors, $9.7 billion in direct spending, more than 95,000 jobs supported, and nearly $1 billion in state and local tax revenue. They said the department now uses targeted digital and over-the-top advertising in selected domestic and international markets, with 62% of media placements digital and 80% of the budget spent out of state. Members asked about market selection, how the department measures return on investment, and what attracts visitors from places such as Dallas, Orlando, Toronto, and Washington, D.C.; officials said research shows a mix of family visits, outdoor recreation, and varied Kentucky offerings, and that 81% of overnight visitors are repeat visitors. They also discussed the potential impact of tariffs and trade tensions on bourbon-related tourism and international visitation, especially from Canada, and officials said they were monitoring the situation with U.S. Travel Association and Brand USA.
The committee then heard from Kentucky State Parks officials on capital projects funded through HJR 76, HJR 56, and House Bill 6. They said they are providing quarterly project reports and have been meeting regularly with the Finance Cabinet’s engineering and contract staff. The presentation focused on campground utilities, broadband, and structural upgrades, including $40 million for campground improvements across the park system, with completed bathhouse renovations at Barren River and Nolin Lake and additional projects underway or in planning. Officials said the work is based on camper survey feedback, such as requests for better Wi-Fi, sewer and electric upgrades, frost-free spigots, and improved site layouts, and noted that the My Old Kentucky Home campground project is under construction and expected to be completed by spring 2026.
MN
Minnesota 2025 1st Special Session
House Health Finance and Policy Committee 2/17/25
Health Finance and Policy
Transcript Highlights:
- I call this meeting of the House Health Finance and Policy Committee to order.
- vary quite a bit and this is a finance vary quite a bit and this is a finance committee<00:34:22.040
- MinnesotaCare is a type of insurance pool that you buy into.
- , how much are the premiums going to go up for those people left in the pool?
- taking people out of our insurance pools taking people out of our insurance pools and<00:47:03.760
Keywords:
undocumented immigrants, state funding, MinnesotaCare, scholarship ineligibility, state assistance, permit to carry, concealed carry, handgun permit, firearm permit, pistol training, sheriff, application process, electronic filing, mail application, fax submission, certified mail, certified delivery, gun rights, Second Amendment, firearms regulation
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Jul 9th, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- I just want to say again, the Mortgage Finance Authority folks were really awesome.
- You go to New Mexico Finance Authority.
- run the pool to make sure that our members have coverage.
- It's unanimous every year, I believe, out of Senate Finance. It was dropped.
- You know, they even have a swimming, kind of like a pool lake for swimming. There.
NM
New Mexico 2025 Regular Session
IC - Investments and Pensions Oversight Sep 12th, 2025
Investments & Pensions Oversight Committee
Transcript Highlights:
- It's the Legislative Finance Committee, LFC General Fund Reserves, and it will be presented by Jennifer
- You can see that line in black, especially the liquidity pool, which is usually overnight.
- You can see the state investment pool earnings actually go back into the General Fund.
- That created, within the Finance Authority, a venture capital program.
- The finance authority is a lender and oversees grants.
NH
Transcript Highlights:
- We'll call the Senate Finance Committee meeting to order. Do I have a motion? So moved.
- But according to them, they believe that they were writing for an accessible pool.
- Trying to keep the risk pools informed of what's going on so that they'll know.
- Uh, I've tried never to have a finance committee meeting go past 5:00.
- I've tried never to have a finance I've tried never to have a finance committee<00:52:34.640>
MN
Minnesota 2025 1st Special Session
Minnesota House passes HF2563, the Legacy finance bill 4/25/25
Minnesota House Floor Meeting
Transcript Highlights:
- And we also prioritized many of our member projects in these competitive grant pools from both sides
- Speaker, that is my introduction to the bill. competitive grant pools from both sides competitive grant
- pools from both sides of<00:02:59.440>
the of the of the aisles.<00:03:01.680>And <00: - motan, the advancement of legacy finance motan, the advancement of legacy finance committee, committee
- This is another pool for wastewater.
ND
North Dakota 2025-2026 Regular Session
Advanced Nuclear Energy Committee Mar 24th, 2026
Transcript Highlights:
- It's the Energy Dominance Financing Office.
- So that's another option in the financing structure.
- There's no pool to bring it back to. There's no way to go backwards anymore.
- And that was very frightening. ...pool to bring it back to.
- Some of them have central storage, but in pools.
Summary:
The Advanced Nuclear Energy Committee met to hear a series of presentations on the economics, financing, workforce, and community impacts of advanced nuclear deployment in North Dakota. William Bridge of Nucleon Energy presented the committee’s economic impacts and private-sector financing report, estimating construction and operating job impacts, local spending, and state/local tax effects for hypothetical SMR projects. He said the report assumes first-of-a-kind costs are still high, used a $6 million per megawatt nth-of-a-kind proxy, and estimated peak construction workforces of about 500 for a 200-MW plant and 1,000 for a larger facility, with roughly 100 operating jobs for a 200-MW plant. Committee members questioned security costs, capital cost assumptions, water and transmission siting constraints, and whether the model included fuel and waste; Bridge said the report included initial fuel in capital cost and that waste disposal is funded through existing federal mechanisms.
Lori Brady of the Nuclear Energy Institute then outlined national nuclear workforce needs and NEI’s strategic workforce planning efforts. She described declining labor-force participation, retirements, and the need for a much larger future workforce, and said NEI has organized recommendations around career awareness, pipelines, training and qualification, policy support, retention, and nontraditional recruitment. She highlighted tools such as the Nuclear Works career website, the Nuclear Energy Academic Roadmap, the new federal Energy and Natural Resources career cluster, and the Nuclear Uniform Curriculum Program for community colleges. Members asked about AI, timing for training relative to plant development, and whether advanced manufacturing would reduce staffing needs; Brady said AI is not expected to replace workers and that training timelines depend on the specific project and staffing plan.
The committee also heard from Gary Yaco, mayor of Red Wing, Minnesota, who described Prairie Island’s role in his community. He said the plant provides a large share of local property tax revenue, supports well-paid jobs, contributes to emergency preparedness funding and training, and is broadly supported by the city despite periodic protests and public concerns. He emphasized the plant’s security, regular drills with local and federal responders, and the absence of problems with dry cask storage. Later, Benton Arnett of NEI discussed the current financing landscape for advanced nuclear, explaining how tax credits, federal loan support, off-take agreements, and new business models are helping projects move forward. He said early projects face high upfront costs and long lead-time procurement, but that investor confidence is improving as federal policy and regulatory streamlining continue. The committee asked about waste funding, comparisons with natural gas, the effect of political shifts on investor confidence, and whether the market will narrow to a few winning technologies; Arnett said the industry is still sorting that out, but expects clearer winners in the late 2020s and early 2030s. The meeting concluded with an introductory presentation from Julie Kazeraki of DOE’s Office of Energy Dominance Financing, who said the office is focused on accelerating nuclear deployment through financing support.
FL
Florida 2026 5th Special Session
Banking and Insurance Jan 13th, 2026
Transcript Highlights:
- So effectively, it's a self-insuring pool of religiously like-minded individuals just pooling together
- There is no pooling, and there is no insurance.
- There is no pooling. It's you sharing in.
- of people that we have, I don't say pooling dollars, but amongst the pool of people that we have, we'll
- And particularly, oftentimes it has to do with finance.
Summary:
The Committee on Banking and Insurance met with a quorum present and took up several bills, beginning with SB 834 on health care sharing ministries and insurance agents. Senator Yarbrough presented the bill to repeal a recent restriction on licensed insurance agents marketing or selling faith-based health care sharing programs. Supporters argued the change restores free speech and consumer education while preserving existing consumer protections; opponents said the bill was unnecessary and could increase confusion or misuse of agents and brokers. The committee adopted a title amendment and then reported the bill favorably after debate, with Senator Pizzo raising concerns about consumer reliance and lack of guaranteed coverage.
The committee then approved SB 642 on foreign and alien bail bond insurers, SB 394 on reinsurance intermediary managers, and SB 266 on public adjuster contracts. SB 266 would let vulnerable adults rescind public adjuster contracts at any time without penalty; it drew support from consumer and industry groups, with some discussion about estimates and claim work product. The committee also passed SB 832 on residential property insurance transparency, which requires rate transparency reports and a consumer resource center at OIR, and adds a provision excluding land value from homeowners coverage calculations in most cases. Testimony on SB 832 was generally supportive of the transparency goal, though insurers said some of the required cost breakdowns may be difficult to produce as written.
The committee next considered SB 1028 on Citizens Property Insurance Corporation, which would create a commercial lines clearinghouse to move eligible policyholders into the private market and reduce Citizens’ commercial exposure. Supporters said it would lower taxpayer risk and improve competition; a speaker suggested additional changes to deductibles, water-damage caps, and repair practices. The bill was reported favorably after a delete-all amendment and supportive debate from Senator Boyd. Finally, the committee passed SB 540 on the Office of Financial Regulation, which adds cybersecurity requirements for certain licensees, updates oversight of investment advisers and money service businesses, adjusts some charter and meeting rules for financial institutions and credit unions, and includes amendments clarifying repossession/deficiency claims, family office exemptions, and virtual credit union meetings. The meeting ended with all of the considered bills reported favorably and the committee adjourned.
FL
Transcript Highlights:
- So, effectively, it's a self-insuring pool of religiously like-minded individuals just pooling together
- There is no pooling, and there is no insurance.
- There is no pooling. It's sharing.
- of people that we have, I don't say pooling dollars, but amongst the pool of people that we have, we'll
- And particularly, oftentimes it has to do with finance.
Keywords:
public adjuster, contract cancellation, state of emergency, vulnerable adults, disciplinary actions, financial regulation, information security, financial exploitation, licensing, transportation, insurance, TNC, ride-sharing, automobile liability, bail bond, insurance regulation, foreign insurers, financial disclosure, premium reporting, residential property insurance
Summary:
The Committee on Banking and Insurance met with a quorum and took up several bills, beginning with SB 834 on insurance requirements for nonprofit religious organizations and health care sharing ministries. The bill repeals a recent restriction on licensed insurance agents marketing or selling faith-based health care sharing programs. Supporters argued the change restores free speech and consumer education while preserving existing fraud and disclosure protections; opponents said allowing agents and brokers could create consumer confusion and has been associated with bad actors. A title amendment was adopted, and after debate the committee reported the bill favorably.
The committee also heard and passed SB 642, which extends reporting and duty requirements to foreign and alien bail bond insurers, and SB 394, a technical bill updating reinsurance intermediary manager law to match current DFS practice. SB 266, which lets vulnerable adults rescind public adjuster contracts without penalty, was reported favorably after testimony from supporters in the insurance and elder law communities and a public adjuster who said the intent was good but the bill may need refinement. SB 832, a residential property insurance transparency bill requiring rate breakdown reports and a consumer resource center, also passed after discussion about consumer clarity and whether the required cost categories can be compiled as written.
Later, the committee approved SB 540, which creates cybersecurity requirements for mortgage and money service businesses, closes a regulatory gap for certain investment advisers, adjusts OFR examination-payment deadlines, changes de novo charter requirements, allows virtual credit union meetings, and makes other financial regulation updates. Several amendments were adopted, including a substitute amendment removing fintech sandbox provisions. Finally, SB 1028 on Citizens Property Insurance Corporation was reported favorably after debate over a commercial lines clearinghouse intended to reduce Citizens’ exposure and shift more business to the private market; members discussed taxpayer risk, market competition, and consumer protections. The meeting ended with adjournment.
MD
Transcript Highlights:
- Um, we will start with the committee on finance. We'll start with finance.
- start with the committee on finance. start with the committee on finance.
- <00:21:29.360>
Clerk Finance. This is report number 27. Clerk Finance. - these pools, to note them.
- these pools, to note them.
Summary:
The Senate convened with 38 members present and a quorum, then began with an invocation and several ceremonial introductions. The chamber recognized pioneering women of the Maryland State Police for Women’s History Month, including the original six female graduates and other firsts in the department, and also introduced the day’s doctor and a student intern. The Senate agreed to journalize the remarks honoring the Maryland State Police guests.
The body then took up several Finance Committee bills, adopting committee amendments and favorable reports without objection on Senate Bills 385, 387, 389, 753, 469, and 608, each of which was ordered printed for third reading. SB 385 concerns immunization, screening, and preventive-service recommendations and pharmacist administration; SB 387 restricts predatory pricing and use of personal data by food retailers and delivery services; SB 389 makes transit-oriented development changes; SB 753 addresses financial exploitation protections for seniors and vulnerable adults; SB 469 authorizes a Maryland Automobile Insurance Fund affordability program; and SB 608 requires coverage for pharmacogenomic testing.
Senate Bill 626, dealing with birth certificate sex designation changes and related identification documents, was briefly set aside at the request of a senator seeking possible amendments, with the presiding officer agreeing to hold it until the next session. Senate Bill 739, a climate change, homeowners insurance, and emergency management study bill, was also introduced with one amendment and sparked debate over its scope and funding, including discussion of a $150,000 Strategic Energy Investment Fund allocation and whether the study would examine the General Assembly’s own climate policies. The transcript ends during that discussion, before any final action on SB 739.
FL
Florida 2026 Regular Session
Children, Families, and Elder Affairs Jan 14th, 2025
Children, Families, and Elder Affairs
Transcript Highlights:
- There is no risk pool mechanism within this formula.
- The risk pool has been there for a while.
- It's definitely something we could consider as we complete the CWIS finance modules.
- And there's no risk pool in situations.
- So historically, it's been a back-of-the-bill solution or a risk pool solution.
Summary:
The committee heard a presentation from Dr. Kelly O’Dare on first responder behavioral health access, peer support, and suicide prevention. She described UCF Restores, the Second Alarm Project, and related partnerships that provide culturally competent treatment, peer training, clinician education, disaster response support, and behavioral health navigation. She cited survey and state data showing significant rates of sleep problems, anxiety, depression, substance use, and suicide among Florida first responders, and said evidence-based treatment has helped many patients recover, including a reported 76% who no longer met PTSD diagnostic criteria after treatment. Senators asked about measuring outcomes, peer support standards, and whether the state should create more consistent statewide requirements; O’Dare said peer support training must be specialized, linked to higher levels of care, and supported by sustainable funding and statewide coordination. The committee also heard from a public commenter who supported the work and emphasized the need for adequate resources and peer support infrastructure.
The committee then received a Department of Children and Families presentation from Casey Penn on the proposed funding methodology for community-based care lead agencies under HB 7089. Penn explained that the new model is intended to be actuarially based, reimbursement-oriented, and more transparent than prior funding approaches, using historical expenditures, standardized reporting, and two main tiers: Tier 1 for largely fixed administrative and operational costs, and Tier 2 for direct child-serving costs based on per-child-per-month blended rates. He said the model includes a 2% risk corridor for Tier 2, hold-harmless funding in the first year, and optional Tier 3 performance incentives, with an estimated additional state appropriation need after offsets. Senators raised concerns about prevention, historical inequities, reasonableness of costs, administrative overhead, blended state and federal funds, adoption subsidies, high-acuity placements, and disaster-related disruptions. Penn said some of those issues could be addressed in future iterations as the child welfare information system is modernized, and he agreed to provide written responses to committee questions.
Representatives of the Florida Coalition for Children and CBCs responded that the model is a major improvement but urged additional safeguards, including an administrative cap, clearer separation of direct and indirect costs, and better treatment of federal and pass-through funds. They argued that the system already has oversight and that deficits reflect insufficient appropriations rather than excess spending, while also noting that higher-acuity children and regional differences can drive costs. No votes were taken on either topic, and the meeting ended with committee staff introductions and adjournment.
KY
Kentucky 2025 Regular Session
Government Contract Review Committee - (3-11-25) - Upon Adjournment
Transcript Highlights:
- The first items on the pool list were with the Department of Highways, numbers 10 on the routine PSC
- list are with the Department of pool list are with the Department of Highways<00:16:22.240>
and - to um support uh again Finance to um support uh again Finance accounting<00:27:11.200>
human< - I'm with the Office of Finance and Operations. I'm Matthew Courtney.
- <00:54:23.680>
and worth I'm with the office of finance and worth I'm with the office of finance
Keywords:
This meeting will take place upon adjournment of both chambers today. There is not an exact time, there for the live stream has been created with a place holder time of 4:00 PM est., 958, all
Summary:
Chairman Hart called the meeting to order, confirmed a quorum, welcomed Representative Rachel Roarx, and the committee approved the February 11 minutes. The committee then moved through its agenda of PSC and related contract items, including a motion to consider the reviewed contracts without objection. One Department of Highways item was deferred when the virtual representatives were not yet available.
The committee first took up Kentucky Housing Corporation contracts. Members questioned outside legal services for foreclosures and bankruptcies, why the work was not handled entirely in-house, and how much of the workload and cost it represented. Witnesses said the agency’s need was largely geographic rather than a lack of expertise, that less than 1% of the loan portfolio is referred out for foreclosures, and that many fees are reimbursable through FHA. Both Kentucky Housing Corporation items were approved.
The committee then considered a Department for Community Based Services contract tied to a protest and a temporary renewal with PCG. Witnesses said the contract increase was needed to bridge the gap while the protest and RFP process were unresolved, and that the initial vendor received no funds. The committee approved the item, with Senator Douglas explaining his vote as a preference for straightforward answers.
The committee also heard a Northern Kentucky University contract for a Workday ERP replacement, including implementation consulting and separate license fees. University officials explained the move from SAP to Workday, the complexity of the systems, and the need for a consulting partner; they said the total effort would span 10 years and that the contract was priced below comparable institutions. After extensive questioning about cost, budget, and value, the vote ended 4-4 and the chair noted the contract would move forward through the Finance Committee if no disapproval motion was made. Finally, the Office of Inspector General presented a contract for culture change training in nursing facilities funded by civil monetary penalties; witnesses said the goal was to improve staff satisfaction, communication, and resident outcomes, and that the CMP fund balance was about $38 million. Discussion also covered survey backlogs and CMS restrictions on the funds, with the item still under review as the transcript ended.
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Jan 16th, 2026 at 09:09 am
House Appropriations & Finance
Transcript Highlights:
- I work with the Legislative Finance Committee. As the chairman said, we are in tab four.
- , at the table with me is Secretary Lansing Adams, as well as Monica Tapia with the Department of Finance
- Rubiana Esquivel with the Legislative Finance Committee.
- One was completed by the State Board of Finance.
- share the risk when it comes to other entities as far as the pool.
KY
Kentucky 2025 Regular Session
Administrative Regulation Review Subcommittee (12-8-25)
Transcript Highlights:
- commissioner in the office of finance commissioner in the office of finance and<00:04:18.959>
- pool has a cap.
- pool has a cap.
- <00:07:59.599>
has <00:07:59.759>a pool for property that that pool has a pool for - There's only so much money in the pool, pool, pool, >> right? >> right? >> right?
Summary:
The committee first approved the minutes and then recognized a staff member’s birthday and a guest shadowing Senator Adams. It then moved into informational review of Education and Labor Cabinet, Department of Education regulation 702 KAR 3:30, which sets insurance coverage requirements for school district buildings and structures. Department of Education officials explained that districts are expected to carry coverage at replacement cost and said they understand some districts participate in self-insurance pools with backup policies, but they deferred detailed insurance questions to the Department of Insurance. Senators raised concerns that pooled coverage could leave districts exposed if claims exceed pool limits, and the chair asked KDE to follow up with DOI to confirm districts are adequately covered, especially for bondholders. No vote was taken on the informational review.
The committee then reviewed emergency ABC regulations 804 KAR 130:01 through 130:04 implementing Senate Bill 100’s new licensing requirements for tobacco, nicotine, and vapor product businesses. ABC and Public Protection Cabinet representatives outlined the emergency rules governing enforcement, license applications, denial criteria, and transitional licenses. Retail industry witnesses Shannon Stiglet and Brian Clark said they support licensure in principle but argued the rules add duplicative requirements borrowed from alcohol licensing, create confusion about transitional licenses, and may be too burdensome for the roughly 7,000 affected businesses to meet by the January 1 deadline. They also said guidance has been inconsistent and requested the agency revise the regulations, remove requirements not grounded in law, and provide clearer, separate processes for new and existing businesses.
Committee members asked whether the industry had worked directly with ABC and noted the public comment period was still open. Witnesses said they had communicated with ABC and the Public Protection Cabinet, but responses had been uneven and they wanted written guidance. Members expressed concern about the short timeline and the need to avoid disruption so businesses can operate legally on January 1. Representative Marzian asked for clarification that the discussion concerned emergency regulations already in effect while ordinary regulations remain in process. No formal action was taken beyond receiving the informational testimony and discussion.
KY
Kentucky 2025 Regular Session
Capital Planning Advisory Board (6-11-25)
Transcript Highlights:
- First one is an increase in maintenance pool to offset the elimination of modernization pool, and
- Um, these are our maintenance pools. Funding our agency's maintenance pools is critical.
- Our maintenance pool requests include the recurring pools, general maintenance, rest area and way station
- Our maintenance pool requests work.
- >
pools, <00:59:58.000>general include the recurring pools, general include the recurring
Keywords:
Meeting Start 00:00:00
Attendance Roll Call 00:00:09
Approval of Minutes 00:01:10
Welcome New Members 00:01:26
Information Items 00:01:49
COT Special Report 00:02:38
Review of Executive Branch Agency Plans 00:07:41
A. Department of Military Affairs 00:08:07
B. Department of Veterans’ Affairs 00:20:34
C. Kentucky Infrastructure Authority 00:25:54
D. Tourism, Arts, and Heritage Cabinet 00:35:05
E. Transportation Cabinet 00:55:53, 958, all
Summary:
The Capital Planning Advisory Board met with a quorum, approved the May 21 minutes, and welcomed a new executive branch member, Secretary Keith Jackson of the Justice and Public Safety Cabinet. The board also received two informational items: agency responses to prior questions and amendments made to capital plans after the last meeting. It then heard the Commonwealth Office of Technology’s report on executive branch IT capital project scoring, which reviewed 16 IT requests totaling about $330.5 million. COOT said projects were ranked through an independent panel using standardized criteria focused on feasibility, statewide alignment, readiness, impact, and risk; the CIO recommended moving an enterprise application and artificial intelligence inventory system from rank 11 to rank 4 because of its enterprise-wide impact and connection to Senate Bill 4.
The Department of Military Affairs presented its capital plan, describing 43 million in projects for the current period and 13 projects totaling $65 million for 2026–2028, with most funding coming from federal sources and restricted agency funds and no general fund request in the latter period. Its projects included maintenance pool adjustments, a statewide Army master plan, the Somerset readiness center, Shelbyville and Ashland armories, a future home for the Kentucky Army National Guard band, and other facility upgrades. Members asked about the Somerset project’s cost growth and federal delay; the department said the project remains in conceptual design, is awaiting federal MILCON action, and would require a state match of about $9.8 million against $29.6 million federal funding if it is approved. Members also asked about staffing levels, and the department said state employee and Title 32 numbers have been relatively steady, while technician positions have declined.
The Department of Veterans Affairs outlined seven projects for 2026–2028, led by a Radcliff Veterans Center HVAC replacement that needs an estimated additional $16 million to finish phase two after phase one was already funded. Other requests included a maintenance pool increase, renovations and exterior upgrades at Eastern and Western Kentucky veterans facilities, a cooling tower replacement at Thompson Hood, and parking lot and lighting improvements. The department said some projects were already in the six-year plan and that the Radcliff phase two could be bid in June 2026 if funded. Members confirmed that a columbarium wall project at Grayson is federally funded.
The Kentucky Infrastructure Authority presented its six-year capital plan, citing more than $3 billion in loan commitments since 1988 and over $5 billion in supported infrastructure projects. KIA requested $298.439 million in the first biennium, including $27.742 million in state match for federal clean water and drinking water revolving funds, $25 million for its state Infrastructure Revolving Fund, $185.697 million in federal capitalization grants, and $30 million in leverage bond authorization for each year of the two federally assisted loan programs. Members asked about drinking-water quality, and KIA said that function is handled by the Energy and Environment Cabinet’s Division of Water, not KIA. KIA also said its loan rates currently range from 0.5% to 2.25%, averaging just under 1%, and that its revolving loan programs have had no defaults. The Tourism, Arts, and Heritage Cabinet began its presentation at the end of the transcript, with staff identifying themselves, but no project details or board action from that presentation were included in the excerpt.
HI
Hawaii 2025 Regular Session
EEP Public Hearing - Thu Jan 30, 2025 @ 9:00 AM HST
Energy & Environmental Protection
Transcript Highlights:
- <00:12:55.440>
is status the ability to obain financing is status the ability to obain financing - <00:14:06.040>
at financing um or to obtain financing at financing um or to obtain financing - for unavoidable increases in financing for unavoidable increases in financing costs<00:24:00.000
- for people to address their cess pools for people to address their cess pools in<01:07:37.640>
<01:22:52.920>of Cesspool conversion on Bill financing of Cesspool conversion on Bill financing
Summary:
The committee heard several energy and environmental bills. On HB 974, which would authorize state step-in agreements for certain power purchase agreements and create a trust fund/reserve mechanism, the Attorney General’s office raised concern that the state should not incur liability beyond the trust fund. The Division of Consumer Advocacy said it had comments but did not take a position, while the Public Utilities Commission, Ameresco, Hawaiian Electric, and other industry groups supported the measure, saying it would help developers secure financing for renewable projects and improve reliability. Hawaiian Electric said the bill would not use state funds and that its proposed reserve account would be held in trust and returned to customers if unused. Committee members questioned whether the reserve would raise customer costs; Hawaiian Electric said the amount would be small and would be offset by avoiding higher financing costs, while Consumer Advocacy suggested the language should be strengthened to ensure unused funds are fully returned.
The committee then heard HB 338, which would clarify that premium interest-rate adjustments for non-fossil fuel generation are just and reasonable and allow the PUC to include them in rates. DCCA and the State Energy Office supported the bill, and the PUC also supported it. Hawaiian Electric opposed unless amended, arguing the PUC already has discretion and warning the bill could weaken competitive procurement by encouraging higher bids tied to the utility’s credit rating. DCCA said the concern was that developers might not seek the best financing if premium rates are recoverable, but said Hawaiian Electric’s suggested amendment requiring clear and convincing evidence of unavoidable financing-cost increases would help. Members also asked about refinancing and whether developers could later lower debt costs after locking in a premium rate; DCCA said that ability exists and suggested a time limit or review mechanism.
For HB 337, which would direct the PUC to establish standards requiring utilities to remove certain fossil-fuel costs from the rate base when adding renewable resources, the Department of Hawaiian Home Lands, Hawaii Clean Power Alliance, and the State Energy Office supported the measure. Hawaiian Electric opposed it, saying it misunderstood utility cost recovery and could threaten grid reliability because fossil plants provide ancillary services such as voltage regulation and balancing, not just energy. Hawaiian Electric pointed to its integrated grid plan and recent fossil-unit retirements as evidence of ongoing transition, and asked the committee to defer the bill and leave oversight to the PUC. The committee also heard HB 879 on cesspool conversions, which would raise the maximum grant from $20,000 to $30,000 and add DOH positions; DHHL, DOH, environmental groups, Hawaii Realtors, and others supported it, while DOH discussed staffing needs and the practical effect of the higher grant cap. The committee also began HB 379 on requiring denitrification capacity for certain wastewater systems near shorelines or groundwater, with DLNR testifying in support.
TX
Transcript Highlights:
- House Bill 2703 to Administration, House Bill 2802 to Finance, House Bill 3033 to Finance, House Bill
- Senator Hagen-Poole, you're recognized for a motion to suspend the regular order of business on Senate
- Senator Hagen-Poole moves for suspension of the regular order of business on Senate Bill 1957.
- Senator Hagen-Poole, you're recognized for a motion. Thank you, Mr. President.
- Senator Hagen-Poole moves for final passage. The secretary will call the roll.
Bills:
HJR98, HJR99, HB29, HB136, HB142, HB166, HB353, HB1399, HB2000, SJR59, SCR19, SB128, SB261, SB317, SB383, SB393, SB397, SB466, SB517, SB571, SB612, SB705, SB715, SB731, SB748, SB801, SB867, SB913, SB945, SB946, SB986, SB1013, SB1071, SB1086, SB1087, SB1117, SB1181, SB1250, SB1263, SB1285, SB1444, SB1483, SB1528, SB1553, SB1556, SB1608, SB1723, SB1858, SB1946, SB1957, SB1986, SB1999, SB2043, SB2056, SB2082, SB2105, SB2133, SB2138, SB2177, SB2203, SB2221, SB2311, SB2334, SB2337, SB2340, SB2373, SB2417, SB2446, SB2452, SB2477, SB2532, SB2565, SB2587, SB2615, SB2622, SB2633, SB2637, SB2681, SB2713, SB2717, SB2781, SB2782, SB2835, SB2841, SB2857, SB2891, SB2943, SB2994, SB2995, SB3016, SB3047, SB3057, SB3059, SJR3, SB5, SB72, SB509, SB616, SB963, SB985, SB1143, SB1172, SB1267, SB1271, SB1273, SB1759, SB1786, SB2361, SB1025, SB1080, SB1245, SB1355, SB1422, SB1, SB260, SB1506, SB1637, HJR98, HJR99, HJR2, HJR1, HB1109, HB1392, HB22, HB3093, HB517, HB1130, HB142, HB1689, HB2018, HB136, HB2884, HB1393, HB2730, HB1399, HB1244, HB467, HB331, HB2559, HB29, HB26, HB166, HB353, HB2000, HB2756, HB3248, HB3513, HB3204, HB3135, HB3012, HB2763, HB2523, HB2457, HB2415, HB2198, HB2143, HB1708, HB1672, HB767, HB1327, HB2723, HB451, HB140, HB109, HB3096, HCR6, HCR12, HCR29, HCR50, HCR55, HCR56, HCR58, HCR70, HCR71, HCR74, HCR78, HCR80, HCR107, HCR116, HCR117, SJR36, SJR50, SJR63, SJR59, SCR12, SCR39, SCR48, SCR19, SB2023, SB1957, SB2615, SB2138, SB3016, SB1999, SB62, SB666, SB847, SB284, SB854, SB1073, SB810, SB1505, SB583, SB507, SB1434, SB1772, SB2016, SB1163, SB1122, SB731, SB397, SB508, SB1436, SB287, SB261, SB1882, SB393, SB1791, SB209, SB2429, SB511, SB2309, SB510, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB517, SB1200, SB1845, SB2681, SB2458, SB801, SB3014, SB3013, SB758, SB1013, SB2797, SB2076, SB2876, SB715, SB1640, SB2538, SB1449, SB1181, SB1359, SB410, SB1234, SB2926, SB2972, SB2841, SB1856, SB1528, SB1373, SB672, SB2891, SB1854, SB317, SB2539, SB2532, SB1250, SB2082, SB2203, SB1285, SB1454, SB2520, SB1237, SB1586, SB2819, SB629, SB2342, SB2903, SB2477, SB3029, SB375, SB777, SB2367, SB2703, SB2608, SB2965, SB2521, SB2165, SB2501, SB2452, SB2835, SB1602, SB1704, SB1723, SB1858, SB1946, SB2009, SB2177, SB2460, SB2785, SB2373, SB867, SB1608, SB640, SB1698, SB383, SB705, SB748, SB1117, SB2340, SB2680, SB2994, SB2747, SB1950, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB3059, SB2782, SB2781, SB2637, SB2633, SB2337, SB2334, SB1861, SB2043, SB1367, SB946, SB945, SB2857, SB128, SB571, SB1263, SB3058, SB612, SB2221, SB2587, SB2044, SB2363, SB2713, SB2311, SB1986, SB2565, SB2943, SB1888, SB2417, SB3048, SB3052, SB3053, SB3036, SB3057, SB3056, SB3043, SB3037, SB3050, SB3063, SB3047, SB3035, SB2446, SB466, SB2611, SB2794, SB2105, SB2017, SB1790, SB1778, SB1730, SB2995, SB2847, SB205, SB2619, SB1903, SB203, SB3061, SB1581, SB2600, SB2799, SB2790, SB2688, SB2515, SB1230, SB876, SB2522, SB2639, SB2137, SB2519, SB2403, SB2459, SB3051, SB2655, SB2251, SB2764, SB2878, SB1884, SB111, SB582, SB2617, SB1835, SB2751, SB2959, HB206, HB1238, HB1089, HB2890, HB9, HB2081, HB4215, HB2970, SB2063, SB1400, SB2058, SB2260, SB2928, SB1310
Keywords:
Article V, federal government, fiscal restraints, constitutional amendment, term limits, animal feed, tax exemption, ad valorem taxation, retail, water audit, water loss, water loss mitigation plan, municipally owned utility, municipal utility, water conservation, Texas Water Development Board, TCEQ, Texas Commission on Environmental Quality, water leakage, leak detection
KY
Kentucky 2025 Regular Session
Interim Joint Committee on State Government (10-21-25)
Transcript Highlights:
- That liquid is hauled to a cooling pool That liquid is hauled to a cooling pool where<00:31:59.679
- <01:07:04.319>
cabinet's diligently with the finance cabinet's diligently with the finance - State Park pools.
- A consultant has been selected for pool projects and presented with a prioritized list of park pools
- Barklay's pool project is out to bid. Barklay's pool project is out to bid.
Keywords:
Discussion of SB 126 (2025 RS) 00:05:13
Discussion of HB 16 (2025 RS) 00:15:40
Kentucky Department of Parks – Overview 01:05:06, 958, all
Summary:
The committee met jointly for State Government, State and Local Government, and Elections and Constitutional Amendments, approved the minutes from the September 23 meeting, and then took up discussion of Senate Bill 126, a proposed constitutional amendment to restrict the governor’s pardon power. Senator Chris McDaniel said the measure was prompted by concerns over pardons issued in 2019 and would bar pardons for 60 days before a gubernatorial election through the swearing-in of a new governor, leaving the power otherwise intact. Members who spoke generally supported the proposal as a way to increase accountability, and McDaniel said he intended to place it on the 2026 ballot. No vote was taken on the bill during the discussion.
The committee then moved to House Bill 16 on water fluoridation. Representative Hart and Senator Greg Elkins said the bill would remove Kentucky’s fluoridation mandate and give local water districts the choice to add fluoride or not. They emphasized that the revised draft also adds immunity language to protect districts from civil litigation regardless of their decision. Dr. Jack Call, a Louisville dentist, presented against fluoridation, arguing that the main dental benefit is topical rather than from drinking water and citing studies and reports he said linked fluoride exposure to reduced IQ in children and other health concerns. Cindy Batson, a nurse and parent, also supported the bill and said she had testified on the issue for years.
During questions, Senator Rollins raised concerns about fluoride being an industrial byproduct and described fluoridation as forced medication. The discussion remained focused on the bill’s local-control and immunity provisions, with sponsors saying they were not trying to relitigate the broader science but wanted to remove the mandate. The transcript ends while questions and testimony on HB 16 were still underway, and no final committee action is shown.