Video & Transcript Research : 'bond disclosure'

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OK

Oklahoma 2026 Regular Session

Judiciary and Public Safety Oversight Mar 5th, 2026 at 10:30 am

Judiciary and Public Safety Oversight

Transcript Highlights:
  • By ordering the defendant to give up a bond of up to 10% of the current market value of the property.
  • My last question: why in the world would they let grant them bond if they're?
  • Why would a judge grant bond to someone for this? I don't know that you can answer that.
  • For follow-up, so this ankle monitor wouldn't be a condition of bond or some post-trial release effort
  • But we're not talking about some bond here. We're talking about a person going and.
OK

Oklahoma 2026 Regular Session

Judiciary and Public Safety Oversight Mar 5th, 2026

Judiciary and Public Safety Oversight

Transcript Highlights:
  • helping craft language that effectively resolves the problem by ordering the defendant to give up a bond
  • My last question, why in the world would they grant them bond if they're... why would a judge grant bond
  • For follow-up: So this ankle monitor wouldn't be a condition of bond or some post-trial release effort
  • I'm charged with a crime, at least probable cause has been found, and it could be a condition of my bond
  • But we're not talking about some bond here.
Summary: The committee considered a series of House bills dealing with criminal justice, courts, public safety, housing, and related administrative issues. Early measures included HB 3419, which would extend penalties for sharing bid information before public release and bar violators from contracting with the state or its subdivisions, and HB 4153, which reinstates a repealed driver-qualification statute and updates it to include service in Oklahoma. Members also advanced HB 3430 on court costs, fines, and fee collection, though it drew concerns about terminology, collection practices, and whether it conflicted with earlier reform efforts; the Oklahoma Sheriffs Association testified that the bill would not authorize incarceration absent willful nonpayment and that collection fees have long been set at 20%. The committee also approved HB 3791, a health-care-for-minors bill worked out with the DO and MD boards, and HB 4119, a cleanup measure on VIN inspections for salvage vehicles. HB 4408, a LOFT request bill tied to calculating savings from State Questions 780 and 781 and directing funds to the Community Safety Investment Fund, was presented as a zero-fiscal-impact technical fix after court and DOC data issues were resolved. HB 3905 would allow judges to order GPS monitoring for certain stalking and domestic-violence-related defendants, with the victim able to receive proximity alerts; members questioned the scope of victim notification and the fact that the bill applies in civil VPO proceedings as well as criminal cases, but it was advanced. Later, HB 3968 was presented as codifying a Supreme Court decision, though members raised a late-added fiscal note and possible ODOT/OTA issues; the bill was still passed out of committee, with discussion of striking title on the floor if needed. HB 3835 would create a path for trafficking survivors to seek relief from convictions tied to their victimization, and HB 3386 would require mediation in eviction cases involving minor children; that bill prompted extensive debate over whether it created an affirmative defense, potential Fair Housing Act concerns, and whether it shifted costs to landlords, with the author agreeing to strike title and revise the language. The committee also advanced HB 2650 on summary administrations in probate and HB 3742, a negotiated criminal discovery bill, after adopting a small amendment limiting certain recordings to those directly related to the case and changing “approximate” to “appropriate.”
FL

Florida 2026 Regular Session

Ethics and Elections Jan 28th, 2026

Ethics and Elections

Transcript Highlights:
  • have, I believe it's around the technology component, and when those are renewed, it's kind of a disclosure
  • Chinese Communist Party. ...create a positive image for the Chinese Communist Party and to weaken the bonds
  • if the reporting individual filed his or her financial disclosure late, but before the maximum automatic
  • The maximum automatic fine for the late filing of the financial disclosure, and the reporting person
  • The financial disclosure process and transparency compliance goals for our public officers and employees
Bills: S1622, S1178
Summary: The committee met with a quorum present and first took up Senate Bill 1178, the Foreign Interference Restriction and Enforcement Act, sponsored by Senator Garcia. The bill would expand state restrictions on foreign countries of concern and designated foreign terrorist organizations, including creating a state registration framework for foreign agents, banning gifts to public officials from covered foreign entities, requiring ethics training on foreign influence, tightening procurement limits for information technology and critical infrastructure, restricting sister-city/sister-state encouragement, revising linkage institute rules and tuition provisions, and criminalizing certain conduct tied to foreign governments or unauthorized enforcement of foreign law. Members asked extensive questions about how the bill would affect election technology, software development, federal foreign-agent registration, educational exchanges, and the treatment of organizations such as CARE; the sponsor said the bill focused on ownership/control and foreign countries of concern, not specific components or general participation in events. An amendment by Senator Grall was adopted to clarify definitions, align penalties with willful violations, and specify that new ethics training content is additive. The committee then heard supportive testimony from Kelly Curry of State Armor and Rob Pierce of American Global Strategies, both of whom argued the bill would help Florida counter foreign influence, protect data and infrastructure, and improve transparency. CS for SB 1178 was reported favorably by roll call vote. The committee then considered Senate Bill 1622, which provides a one-time waiver of the automatic fine for a late-filed financial disclosure under specified conditions, including that the filer submitted the disclosure before the maximum fine accrued and had not previously received such a waiver. Carrie Stillman of the Commission on Ethics testified in support, saying the bill preserves transparency and compliance goals while making the fine and appeals process more workable. The bill was reported favorably by roll call vote. Finally, the committee took up confirmation hearings for appointments in tabs 3 through 26. No separate votes were requested, no public testimony was offered, and the block of appointees was recommended favorably to the full Senate by roll call vote. The meeting then concluded with no further business.
LA

Louisiana 2026 Regular Session

Ways and Means Apr 13th, 2026

Ways & Means

Transcript Highlights:
  • All $574 million of the bonding capacity was taken.
  • It repeals prior bond authorizations and authorizes new bond authorizations.
  • It authorizes the state, through the State Bond Commission, to sell general obligation bonds to fund
  • bonds to continue to fund the capital outlay program.
  • And bond proceeds are deposited into the capital outlay escrow account.
Bills: HB2, HB3
WA

Washington 2025-2026 Regular Session

Senate Transportation Feb 23rd, 2026 at 04:00 pm

Transportation

Transcript Highlights:
  • They're bonded together in how they roll out.
  • public hearing on House Bill 2111, allowing the Interstate 5 Bridge Replacement Project toll facility bond
  • As the chair said, this bill allows the I-5 Bridge Replacement Project toll facility bond retirement
  • public hearing on House Bill 2111, allowing the Interstate 5 Bridge Replacement Project toll facility bond
  • As the chair said, this bill allows the I-5 Bridge Replacement Project toll facility bond retirement
Bills: HB2111, HB2495
Summary: The Senate Transportation Committee began with a work session on electric vehicles, where staff from WSDOT and the Department of Commerce described the Electric Vehicle Coordinating Council, the state’s Transportation Electrification Strategy, and current market trends. Testimony said EV adoption is still growing but at a slower rate than in prior years, and Washington is now below its earlier trajectory toward state greenhouse gas targets. Officials said charging infrastructure remains behind need, especially fast charging, but highlighted recent awards and openings, including NEVI and ZEV infrastructure grants, tribal projects, and a new medium- and heavy-duty incentive program. Members asked about fast-charger power levels, and staff said programs now require at least 150 kW for DC fast charging, while higher-capacity options are encouraged where feasible. The committee then heard updates on alternative and renewable fuels. Commerce described the Office of Renewable Fuels’ work on hydrogen, renewable fuels, alternative jet fuel, and the Cascadia Sustainable Aviation Accelerator. Testimony emphasized that hydrogen and hydrogen-derived fuels are expected to play a major role in transportation, that the state is developing technical assistance and planning tools, and that the Cascadia SAF effort has secured significant philanthropic support and convened major industry and institutional partners. WSDOT also outlined hydrogen investments in transit buses, fueling, corridor planning, and demonstrations, while noting uncertainty around federal funding and the need to be strategic as the hydrogen market develops. Ecology presented the alternative jet fuel programmatic environmental impact statement, explaining that it will provide broad environmental review and guidance for future projects; the draft is expected in early 2027 and the final document in June 2027. A senator asked about emissions criteria and feedstocks, and Ecology said the review will consider life-cycle greenhouse gas reductions and near-term commercial feasibility. In public hearing, the committee heard Substitute House Bill 2114 on defective license plates. The bill would require the Department of Licensing to replace defective plates at no charge within two years of issuance and allow discretionary fee waivers for later replacements up to five years. The sponsor and county auditors said peeling or unreadable plates are a widespread customer-service problem, especially in eastern Washington, and argued the state should stand behind the product it sells. The committee also heard Substitute House Bill 1823, a Transportation Improvement Board cleanup bill that replaces outdated “non-motorized” references with “active transportation” and removes obsolete statutory provisions; TIB said the bill modernizes the statute and reduces audit problems. House Bill 2111, which would let the I-5 Bridge Replacement Project toll facility bond retirement account keep its interest earnings instead of sending them to the general fund, drew no testimony and was described as a technical fix. Finally, House Bill 2495 would give the City of Seattle authority similar to Sound Transit’s to direct immediate impoundment of vehicles blocking streetcar operations; Seattle testified that the change would reduce delays caused by illegally parked vehicles and improve service reliability. The committee took no votes in the transcript and adjourned after the public hearings.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Bonding, Capital Expenditures and State Assets Apr 7th, 2026

Joint Committee on Bonding, Capital Expenditures and State Assets

Transcript Highlights:
  • Some CTF bonds are also designated as sustainability bonds, which allows investors to invest directly
  • There, that is the next bond? Did I just hear that? That is the next bond transaction?
  • obligation bonds?
  • We do expect that probably some of these bonds, and perhaps a significant amount of bonds, could be issued
  • You expect that probably some of these bonds, and perhaps a significant amount of bonds, could be issued
Bills: H5279
TX

Texas 89th Regular

Criminal Justice May 20th, 2025

Criminal Justice

Transcript Highlights:
  • law enforcement can choose to hold someone arrested for family violence for up to four hours after bond
  • allow, law enforcement to hold a person arrested for family violence for four hours after they post bond
  • of a violation of the court order bail bond conditions, the bondsman is under no obligation to notify
  • the prosecuting attorney that the defendant's bond is being canceled.
  • intent to surrender a defendant to the court before filing an affidavit effectively canceling their bond
Summary: The Senate Committee on Criminal Justice met with a quorum and heard a long agenda of bills on criminal justice, public safety, mental health, victims’ rights, and related administrative issues. Early bills included HB 47, the omnibus sexual assault survivors bill, which would expand post-assault care, require courts to consider delays for adult survivors, bar sex offenders from rideshare driving, allow lease termination regardless of where an assault occurred, and require more reporting from sexual assault response teams. Testimony was generally supportive, though one witness raised concern that the bill’s reporting requirements could jeopardize county grant funding. HB 171, the Annel Borrego Act, would set a minimum period for court-ordered chemical dependency treatment; NAMI Texas supported it. HB 908 would require missing children reports to be sent to the National Center for Missing and Exploited Children within two hours, and HB 1443 would criminalize possession and promotion of childlike sex dolls; both drew supportive testimony and were left pending. HB 567, changing juvenile board chair selection in Parker County, and HB 4263, a TJJD workforce retention bill, were also heard and left pending after brief discussion and adoption of committee substitutes where applicable. The committee also heard several bills focused on jail and prison safety, court process, and victim protection. HB 2282 would raise the arrest warrant fee from $50 to $75; constables supported it as a cost-recovery measure, while the Texas Fair Defense Project opposed it as a regressive fee that burdens low-income defendants. HB 3464 would increase penalties for correctional employees who bring drugs or alcohol into prisons, with support from Harris County jail officials and a formerly incarcerated advocate who described the dangers of contraband and retaliation. HB 285, “Poncho’s Law,” would add criminal negligence to non-livestock animal cruelty offenses; animal welfare advocates said it would close a loophole that lets pet service businesses avoid accountability, and the bill was left pending. HB 2355 would keep certain Crime Victims Compensation records confidential when held by the Attorney General, and HB 2637 would standardize jury exemption ages and clean up jury disqualification reporting; both were left pending after limited testimony. Mental health and competency-related bills received significant attention. HB 305 would require a pretrial hearing within 14 days after a defendant is restored to competency, aimed at reducing repeated decompensation and the forensic waitlist; NAMI Texas supported it. HB 1741 would tighten procedures for not-guilty-by-reason-of-insanity outpatient commitments by requiring a stronger nexus to the receiving county and clearer supervision authority; law enforcement and mental health witnesses said it would improve public safety and treatment success. HB 2492 would make the four-hour family-violence post-bond cooling-off period mandatory rather than discretionary, and HB 1445 would allow a managed assigned counsel director to designate someone to approve certain payments for indigent defense attorneys; both were left pending. HB 1024 would require prompt execution of warrants for parole violators on superintensive supervision, and HB 1306 would extend first-responder-style benefits to death investigation professionals; neither drew opposition in the hearing. The committee also heard a series of public integrity and technology bills. HB 449 would expand the deepfake sexual content statute to include sexually explicit images, with Public Citizen supporting the change as necessary to address a rapidly growing problem. HB 1902 would create a new offense for “jugging,” or following bank or ATM customers to rob them; the Texas Bankers Association supported it. HB 2697 would require sureties to notify prosecutors before surrendering a felony defendant’s bond, and HB 2001 would sharply increase penalties for misuse of public information for financial gain and related coercion, with prosecutors and Texas Rangers describing bid-rigging and public corruption investigations as difficult to prove under current law because of short limitations periods and limited penalties. HB 1866 would grant Texas peace officer authority to National Park Service rangers within Texas park boundaries, and HB 4996 would increase penalties for fraudulent liens filed against public servants. Throughout the hearing, most bills were left pending after testimony, and several committee substitutes were adopted without objection.
LA

Louisiana 2026 Regular Session

Administration of Criminal Justice Apr 14th, 2026

Administration of Criminal Justice

Transcript Highlights:
  • Madam Chair, members, I am the assistant district attorney that runs the bond and asset forfeiture department
  • When a defendant is on a bond and they're failing in a foreign jurisdiction, we fought what's called
  • a constructive bond surrender.
  • You think all of those are insured and bonded by your agency? They are.
MN

Minnesota 2025-2026 Regular Session

House Elections Finance and Government Operations Committee 3/18/26 - Afternoon Meeting

Elections Finance and Government Operations

Transcript Highlights:
  • </c><00:04:51.040><c> agreements</c> and vendor non-disclosure agreements and vendor non-disclosure agreements
  • Instead, they impose non-disclosure agreements, no price caps, and no transparency.
  • </c><00:09:23.839><c> agreements,</c> prohibits non-disclosure agreements, prohibits non-disclosure agreements
  • um disclosure of the activity<00:56:17.599><c> in</c><00:56:17.680><c> in</c><00:56:17.839><c> those
  • </c><00:59:23.280><c> statement</c> underlining uh disclosure statement underlining uh disclosure statement
FL

Florida 2026 Regular Session

Community Affairs Feb 10th, 2026

Community Affairs

Transcript Highlights:
  • The bill also makes the performance bond optional, lowering construction costs and helping Habitat for
  • Senators, now we will move to tab 11, SB 1622 on penalties for late-filed disclosures or statements of
  • If, number one, the reporting individual filed his or her financial disclosure late, but before the maximum
  • Number one, the reporting individual filed his or her financial disclosure late, but before the maximum
  • received in past years a waiver of an automatic fine relating to the late filing of a financial disclosure
Summary: The committee heard and advanced a wide range of bills focused on water safety, utilities, housing, transparency, and claims relief. CS/SB 848 on stormwater treatment was presented as a follow-up to prior water-quality legislation and reported favorably with one support waiver. SB 28, a claims bill for Reginald Jackson against the City of Lakeland, was also reported favorably. CS/SB 658, a bipartisan child-drowning prevention bill for rental properties, drew extensive testimony from child advocacy and drowning-prevention groups in strong support; amendments required rental license applicants to certify compliance and removed local-government add-on authority, and the bill was reported favorably. CS/SB 18, a claims bill involving the estate of a deceased minor and the Broward County Sheriff’s Office, prompted questions about settlement and responsibility but was ultimately reported favorably despite opposition from a waiver form. Several utility and infrastructure measures were considered. CS/SB 1724 would regulate municipal utility service outside city limits, limit revenue transfers, require public meetings, and cap rate differences; an amendment added gas utilities, and the bill was reported favorably after testimony from municipal utility representatives and small-county advocates. CS/SB 1014 would require municipal utilities to extend water and wastewater service to certain nearby residential properties without conditioning service on annexation; an amendment narrowed the bill to residential uses and clarified capacity and grandfathering provisions, and it passed favorably. CS/SB 1102 would allow local infrastructure surtax revenue to fund body camera programs, with an amendment making the surtax authorization prospective and requiring a new referendum; it was reported favorably. CS/SB 260 on electric-vehicle storage in towing yards was amended to focus on storage only and to tie the higher fee to the period before fire-risk inspection, then reported favorably after testimony from insurers, fire officials, and EV industry representatives. The committee also advanced education, housing, and ethics-related bills. SB 1264 would ease zoning and code barriers for small private schools and micro-schools, with supporters arguing it would expand school choice and opponents raising implementation concerns; it was reported favorably. SB 934 on Florida Keys areas of critical state concern was amended to remove a tax-exemption section that conflicted with the Live Local Act, then reported favorably. SB 1622 would provide a one-time waiver of late financial-disclosure fines under specified conditions and was reported favorably. Finally, CS/SB 1566 on local government spending and transparency required online posting of budgets and related materials, and an amendment added utility revenue reinvestment and other changes while removing DEI spending restrictions; the bill drew support for transparency but concern from small cities and counties about cost and workload, and it was reported favorably. The meeting ended with adjournment after senators recorded votes on selected bills.
TX
Transcript Highlights:
  • law enforcement can choose to hold someone arrested for family violence for up to four hours after bond
  • allow, law enforcement to hold a person arrested for family violence for four hours after they post bond
  • of a violation of the court-ordered bail bond conditions, the bondsman is under no obligation to notify
  • the prosecuting attorney that the defendant's bond has been canceled.
  • to surrender a defendant to the court before filing an effort, thereby effectively canceling their bond
MN

Minnesota 2025-2026 Regular Session

House Capital Investment Committee 3/17/26

Capital Investment

Transcript Highlights:
  • </c> in the governor's bonding proposal. in the governor's bonding proposal.
  • I am here to present our bonding BWSR.
  • Uh we would hope to obligation bonds.
  • </c><00:23:07.200><c> was</c> cash availability as well as bonding was cash availability as well as bonding
  • And are exactly what the state bonding programs exist.
TX

Texas 89th Regular

Water, Agriculture, and Rural Affairs Mar 3rd, 2025

Water, Agriculture and Rural Affairs

Transcript Highlights:
  • Senate Bill 1066 increases the payment and performance bond dollar thresholds to $150,000 for public
  • Under current law, contractors on public work projects must take out surety bonds, including payment
  • bonds and performance bonds, for contracts in excess of certain sums of money in order to mitigate risk
  • Current state law requires payment bonds for contracts in excess of $25,000 and performance bonds for
  • Senate Bill 1066 raises the threshold for payment bonds from $25,000 to $150,000 and performance bonds
Summary: The Senate Committee on Water, Agriculture, and Rural Affairs met on Texas Water Day and limited public testimony to two minutes. The chair emphasized the need to move quickly because of scheduling conflicts with other committees and noted the importance of water policy and related stakeholders. The committee heard several bills focused on water administration, rural utilities, emergency response, and public works contracting. Senate Bill 790 by Senator Alvarado would let the Public Utility Commission create a simplified process for resolving tenant complaints over water or wastewater bill discrepancies; it was described as a way to avoid lengthy contested-case hearings for small disputes. Senate Bill 971 by Senator Sparks would clean up conflicting statutory definitions of “rural political subdivision” so Texas Water Development Board programs are applied consistently; Texas Rural Water Association testified in support. Senate Bill 767, also by Senator Sparks, would expand and improve a statewide database of fire-response equipment so departments, including volunteer and rural departments, can locate and share resources more effectively during emergencies; fire service witnesses supported the bill and suggested annual updates to keep the database current. Chair Perry laid out Senate Bill 480 to clarify that local governments and special districts may enter interlocal agreements for water-related planning and research, including aquifer management and flood/water planning. He also presented Senate Bill 1066, which raises payment and performance bond thresholds for Texas Parks and Wildlife Department public works contracts to $150,000, arguing the change would reflect inflation and help smaller vendors on lower-risk projects. Witnesses were heard on the bills, with no opposition recorded in the transcript. The committee voted out all five bills favorably. SB 1066, SB 480, SB 767, SB 790, and SB 971 each received unanimous committee approval and were recommended to the local and contested calendar, with SB 767 noted as amended by a suggested annual-update requirement for the equipment database.
FL

Florida 2026 Regular Session

Appropriations Feb 5th, 2026

Appropriations

Transcript Highlights:
  • Next, on tab 4, there's SB 856, disclosure of estimated ad valorem taxes, by Senator DiCeglie.
Bills: S7040, S0110, S0434, S0856
Summary: The committee met with a quorum present and took up three property-tax related bills before turning to a broader discussion of the Emergency Preparedness and Response Fund. SB 434, which would prohibit counties from increasing a residential property’s assessed value because the owner installed wind mitigation measures, was presented by Senator Lee and reported favorably. CS for SB 110, which clarifies that holders of 98-year-or-longer residential leases remain eligible for the homestead exemption even if the lease ends at death, was also reported favorably. SB 856, requiring online residential listing platforms to display estimated property taxes using prescribed calculation methods and not the current owner’s tax bill, drew support from property appraisers, Zillow representatives, and others and was reported favorably after questions about transparency and realtor obligations. The committee then considered SPB 7040, which would recreate and extend the Emergency Preparedness and Response Fund through December 31, 2027. Senator DiCeglie and Division of Emergency Management Director Kevin Guthrie argued the fund is needed for hurricane response, other natural and man-made emergencies, and reimbursement-based spending; they said the extension preserves legislative oversight that would otherwise lapse. Several senators questioned the use of the fund for immigration-related operations, detention facilities, and other non-disaster activities, as well as the lack of additional guardrails, reimbursement timing, and transparency. Guthrie said the division has used the fund for hurricanes, flooding, civil unrest, security operations, and other incidents, and that some reimbursements are still pending from the federal government. Public testimony on SPB 7040 was largely opposed. Speakers from the Florida Center for Fiscal and Economic Policy, the Southern Poverty Law Center, Florida for All, and others argued the fund has been repurposed for immigration enforcement and detention-related spending rather than true emergencies, and raised concerns about deaths in detention and the absence of competitive bidding and oversight. Guthrie answered extensive questions about the South Florida and North Florida detention facilities, Operation Vigilant Sentry, State Guard support, reimbursement requests, equipment purchases, and legislative access to facilities. The committee did not take a final vote on SPB 7040 within the portion of the transcript provided.
FL

Florida 2026 Regular Session

Finance and Tax Jan 28th, 2026

Finance and Tax

Bills: S0110, S0434, S0856
Summary: The committee heard and passed three bills before moving to a staff presentation on the state revenue forecast and the federal One Big Beautiful Bill Act. SB 856, by Senator DeSantis? [sic], would require online real estate listing platforms to display estimated property taxes for residential properties using prescribed methods and DOR-developed formulas rather than the current owner’s tax bill. Supporters from county, city, and property appraiser groups said the bill would improve transparency and help homebuyers avoid surprise tax and escrow increases. The bill was reported favorably after debate about making sure the estimate appears on realtor and platform sites for first-time buyers. SB 110, by Senator Arrington, was amended and then reported favorably. The bill clarifies that people holding 98-year-or-longer residential leases remain eligible for the homestead tax exemption even if the lease ends upon the tenant’s death, aligning those leaseholds with life estates for estate-planning purposes. The amendment, supported by the Florida Bar’s real property, probate and trust law section, clarified that lease provisions terminating at death are valid under current law. SB 434, by Senator Leak, was also reported favorably; it would prevent property tax assessments from reflecting increased just value attributable to wind-hardening improvements such as stronger roof attachments, shutters, and roof-to-wall reinforcements. The committee then received an update from staff director Azar Khan on the new general revenue forecast. He said collections had been running slightly above estimate overall, but the Revenue Estimating Conference reduced corporate income tax projections because of weaker recent collections and uncertainty around tariffs, while increasing some other revenue sources. Members then discussed the federal One Big Beautiful Bill Act, which staff said would significantly reduce Florida corporate income tax revenue, with a large first-year impact driven by retroactive provisions such as bonus depreciation, research expensing, and business interest deductions. Senators and the appropriations chair said the forecast and federal changes would affect budget planning, and the committee adjourned after noting the bills had been favorably reported and the meeting was complete.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Transportation Mar 3rd, 2026

Joint Committee on Transportation

Transcript Highlights:
  • This is bond authorization, so it's capital.
  • But these are going to be bonds that are financed with the CTF.
  • But these are going to be bonds that are financed with the CTF.
  • treat it like a traditional bond bill.
  • We know that bonding alone is not enough in this moment.
Bills: H4987, S2905
TX

Texas 89th Regular

Senate Committee on Water, Agriculture, and Rural Affairs Mar 3rd, 2025

Water, Agriculture and Rural Affairs

Transcript Highlights:
  • Under current law, contractors on public works projects must take out surety bonds, including payment
  • bonds and performance bonds, for contracts in excess of certain sums of money in order to mitigate risk
  • Current state law requires payment bonds for contracts in excess of $25,000 and performance bonds for
  • Performance bonds guarantee that a contractor will complete a project according to the terms outlined
  • bonds from $100,000 to $150,000.