Video & Transcript Research : 'development fund'

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HI

Hawaii 2026 Regular Session

AEN Public Hearing 02-04-2026

Agriculture and Environment

Transcript Highlights:
  • It reestablishes the A development and food security special fund.
  • We absolutely support the reestablishment of the agricultural development and food security special fund
  • We need to reestablish the agricultural development and food security fund.
  • We need to reestablish the agricultural development and food security fund.
  • Uh, SP 2332, you're establishing the A development and food security special fund, establishing the carbon
Summary: The committee heard testimony on several agriculture-related measures, beginning with SB 2309, which would require the agricultural loan division to sell portions of its loan portfolio and use the proceeds to expand the agriculture loan revolving fund. The Department of Agriculture and Biosecurity and the Hawaii Farm Bureau supported the bill, along with several other organizations and individuals. A committee question focused on the risk of not finding a qualified buyer for the loan portfolio; DAB said a mandatory sale of the full amount could force a less favorable rate, while flexibility to sell different amounts could produce a more equitable return. The measure drew eight supporters and no opposition. The committee then took up SB 2317, which directs DAB to study insurance coverage for small producers and report back to the Legislature. DAB and multiple farm groups supported the bill. In response to a question about cost, DAB estimated about $250,000 would be needed, with the study likely covering crop, health, and liability insurance. The next measure, SB 2318, would establish an agriculture statistics program in statute. DAB said it strongly supported the bill and could ramp up quickly if positions were provided; the committee discussed whether a first report could be completed by year’s end if the bill became law midyear, and DAB said yes. SB 2319, which would fund and make permanent a full-time grant writer position at DAB, also drew strong support from DAB, the Hawaii Farm Bureau, Ulupono Initiative, the Hawaii Cattlemen’s Council, the local food coalition, and others, with testifiers emphasizing the position’s return on investment and success in bringing in federal funds. The committee also heard SB 2321, establishing a two-year pilot program to respond to the twoline spittlebug. DAB, ranching groups, and many others supported the bill, citing the pest’s spread and the need to act before it becomes unmanageable. A DAB pest control manager said he would need to research past response details and provide them later. Members emphasized the importance of early intervention. For SB 2323, which creates a farmland transition commission to study barriers to farmland access and recommend solutions, DAB offered comments and support for the intent, while farm groups generally supported the concept but raised concerns about the proposed age range and whether a separate commission was necessary. DAB said the Board of Agriculture likely would not have the capacity to perform the commission’s duties and estimated there would be costs to establish it, though no figure was available at the hearing. Finally, the committee heard SB 2332, which reestablishes the agriculture and food security special fund, creates a carbon emissions tax and dividend fund, gradually raises carbon-related tax rates, and provides a refundable carbon cashback credit. DAB supported the measure and deferred to Taxation on details; the Department of Taxation said it would stand on its comments, and the Attorney General’s office offered comments and recommendations. Carbon Cashback Hawaii and the County of Hawaii Department of Research and Development supported the bill, arguing it would reduce emissions, protect lower-income households, and be relatively simple to administer.
TX
Transcript Highlights:
  • The Senate Economic Development Committee will come to order. The clerk will call the roll.
  • Development Fund.
  • the growing economic development needs of rural areas in Texas.
  • infrastructure needs for rural economic development.
  • Development in rural areas ensures the program will have an impactful ROI.
OK

Oklahoma 2026 Regular Session

Appropriations 2ND REVISED Mar 4th, 2026 at 02:30 pm

Appropriations

Transcript Highlights:
  • We've secured outside funding.
  • This will create a revolving fund, and for the first two years, we have private dollars to help fund
  • Why wouldn't the developer be responsible for this development? Can you help clarify?
  • And so, I think this is a win to get some funding there.
  • That question, the amendment removed the funding as at this time.
OK

Oklahoma 2026 Regular Session

Economic Development, Workforce and Tourism REVISED Feb 17th, 2026 at 01:30 pm

Economic Development, Workforce and Tourism

Transcript Highlights:
  • Economic development, workforce, and tourism will come to order.
  • How does the square with a public funds being used to fund some of these agencies?
  • The senator has nothing to do with APA funding. Further questions?
  • Is there a sunset in this bill for this funding, or will it continue to just is there a fund a revolving
  • fund attached to it.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 12th, 2026 at 05:47 pm

Senate Finance

Transcript Highlights:
  • Everybody looked at the funding sheet questions on the funding sheets.
  • The general fund.
  • Chairman, I would suggest we use another source of funds for it because it's economic development.
  • contingency fund.
  • day fund, yes.
Bills: SB190, HB247, HB8
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 12th, 2026 at 10:24 am

Senate Finance

Transcript Highlights:
  • And specifically for any of those projects that were funded with severance tax bonds, Specifically, for
  • any of those projects that were funded with severance tax bonds, the Board of Finance wanted to ensure
  • And reappropriating those funds, the legislature would still have to make a decision to do that.
  • The legislative decision would be to reappropriate those funds.
  • And essentially, on the administrative side, the executive did not have authority to freeze those funds
Bills: SB190, HB247, HB8
ND

North Dakota 2025-2026 Regular Session

Senate Appropriations - Government Operations Division Apr 10th, 2025 at 11:00 am

Appropriations - Government Operations Division

Transcript Highlights:
  • ; identify possible funding source, including the Strategic Investment and Improvement Fund; $40 million
  • I mean, we're just wondering if we need to create a new fund or just fund the deferred maintenance.
  • Okay, the fifth one on the list added funding for the—excuse me here, I got a... funding for facility
  • Plus, there is some leftover funding, some carryover funding, that can be used.
  • , but as far as funding source, you could also consider the SIF fund.
Bills: HB1015
Summary: The Government Operations Division met to review proposed amendments to the Office of Management and Budget (OMB) budget, with the chair noting the bill would not be voted out that day and would likely be held until the following week for any technical corrections. Members discussed a series of amendments, generally without objection: a $1.5 million appropriation for a pro-life education committee; a $40,000–$45,000 deficiency appropriation for Uniform Laws travel costs; creation of a state deferred maintenance fund with $40 million for deferred maintenance projects; adding the state hospital project to the OMB budget with $200 million from the Strategic Investment and Improvements Fund (SIF) and $85 million from a line of credit, plus construction management oversight; $110,114 for custodial equity increases; $1 million for a retirement incentive pool; $3 million to cover a shortfall in the new and vacant FTE funding pool; and $4 million for space reconfiguration and rent/moving costs. Prairie Public Broadcasting was also discussed, with a suggestion to change the purpose from local programming to infrastructure and set the amount at $850,000, likely as one-time SIF funding. The committee also heard a heads-up about a possible $180,000 federal reimbursement issue tied to an education grant, but no action was taken on that item. The committee further discussed a broader amendment to reduce the transfer from the social services fund to the human services fund from $250 million to $232 million, based on DHS needs and available carryover funding. Members also agreed to add emergency clauses to the capital assets, deferred maintenance, and moving/space reconfiguration items. The chair indicated Brady could begin incorporating the discussed changes into a consolidated amendment, while noting there could still be additional items next week. Staff also reported the SIF balance was about $280 million positive, though some removed agency items, including airport grants, would need to be considered. The committee then reconsidered its earlier action on House Bill 1581 and restored it to its original form at $100,000 after hearing that the funding would support tribal tourism-related events tied to upcoming 2026 celebrations and the Theodore Roosevelt Library opening. A motion for do pass on the bill as originally introduced passed unanimously by roll call. Finally, the committee postponed action on another bill until later that day, directing that revised materials be distributed and that the item be taken up in the afternoon session.
HI

Hawaii 2026 Regular Session

ECD Public Hearing - Fri Feb 13, 2026 @ 8:30 AM HST

Economic Development & Technology

Transcript Highlights:
  • to develop the rollout plan. Thank you. to develop the rollout plan. Thank you.
  • development for the state of Hawaii. development for the state of Hawaii.
  • Uh for this workforce development.
  • tied to our state's economic development tied to our state's economic development challenge.<00:
  • 02:58.079> we're<01:02:58.319> funding able to fund robotics, we're funding able to fund
Summary: The committee opened with HB 1813 on taxation and HB 2429 on tax expenditure evaluation, taking mostly written testimony and limited oral discussion. On HB 2429, the Tax Foundation and Department of Taxation raised privacy and federal-law concerns, warning that the bill could require taxpayers to file duplicative returns and could risk disclosure of federal tax information if released publicly. Members and witnesses discussed using anonymized or summary reporting instead of individual public release, with the department saying summarized data would be preferable and that the state can ask for the information as a policy matter, but individual public release could create problems. The committee then heard HB 2423 HD1 on biodiesel, where Pacific Biodiesel said it can supply all biodiesel needed for B5 in Hawaii without imports and asked to move the implementation date earlier to November 2027 to allow rollout planning. HB 1996 HB1 on hearing aids drew broad support; a disability access representative said earlier insurance-based efforts had run into administrative problems and that this bill would immediately lower costs for consumers. HB 1851 HD1, also related to hearing aids, received support from the Department of Labor and Industrial Relations, while the Tax Foundation argued the program would be better funded directly rather than through the tax system, citing overhead costs and blank provisions that should be filled in before passage. On HB 2546, the research activities tax credit, HCDC said the credit supports long-term R&D and should be converted from a first-come, first-served system to proration so more applicants receive some benefit; the agency described the credit as helping companies move from idea to commercialization and noted the state is leaving potential jobs and federal dollars on the table. HB 2028 HD1, relating to Labor Day for construction workers, drew support from labor representatives who said it recognizes construction workers and helps offset cost-of-living pressures, while the Tax Foundation opposed it as an industry-specific subsidy and flagged technical issues with undefined terms and blank credit amounts. The committee also heard HB 2583, HB 2490, HB 2545, HB 2114, and HB 1859 HD1. HB 2490, concerning coastal erosion at Mokuhiki Bay, received strong support from a temple representative who described severe shoreline loss, years of temporary emergency work, and the need for a long-term, nature-based solution in coordination with state agencies. HB 2545, involving HCDC and SBIR commercialization, was supported as a way to turn R&D into economic development; HCDC said it had more applications than it could fund and that the bill could help create high-wage jobs. HB 2114, the Hawaii Benefits Hub, received comments from ETS and DHS emphasizing support for the concept but cautioning that operational, policy, cybersecurity, and data-sharing standards must be carefully aligned. HB 1859 HD1 on workforce development drew strong support from workforce and philanthropic groups, who said Hawaii faces a long-term gap between projected living-wage jobs and the number of young people entering the workforce, and argued the bill would create durable infrastructure for coordination and long-term planning. No formal votes or final actions were taken in the portion of the hearing provided.
TX
Transcript Highlights:
  • The Economic Development Committee will come to order. Clerk, call the roll. Senator King. Here.
  • For oversight, the bill ensures that money deposited in the consolidated fund can only be used for the
  • incentives and local workforce development boards.
  • Local economic development programs would require businesses to consult with the local workforce development
  • organization. ...organizations, workforce development boards, keep the public citizen in mind.
OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget 2nd Revised Apr 20th, 2026 at 04:30 pm

Joint Committee on Appropriations and Budget

Transcript Highlights:
  • You had the ability to spend these funds faster, mitigating the risk of funds being called back.
  • So HWTC has done a great job of being the conduit of getting these funds out, making sure the funds are
  • . $34,692 in administrative funds to LSB section two, $213,308 in interest funds to LSB.
  • Section 3, $806,060 in administrative funds to OMEs.
  • With the recruitment of these funds, these are basically placing them back into the recovery fund.
OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget Apr 20th, 2026 at 04:30 pm

Joint Committee on Appropriations and Budget

Transcript Highlights:
  • between existing projects, and including administrative costs to cover funding gaps.
  • These are ARP funds that we're moving around.
  • This bill reappropriates the ARPA funds from projects in danger.
  • Allows them to close out the projects and address any gaps in funding. Move adoption.
  • There are 5 funds that are allowed under this program right across the state.
AZ

Arizona 2026 Regular Session

02/11/2026 - House Appropriations

Appropriations

Transcript Highlights:
  • The legislature intends to make the funding ongoing.
  • It's really important that we fund the Auditor General.
  • We have no definite way of tracking these public funds.
  • These funds provide it.
  • These funds provide it.
Summary: The committee first heard HB 2584, which would prohibit public funds from being used for genetic sequencing equipment made by companies owned or controlled by entities domiciled in a foreign adversary. The sponsor said the bill is intended to prevent sensitive genetic data from being sold or used against the United States. There was little public testimony, and the committee approved the bill on a 13-5 vote for a do pass recommendation. Members then considered HB 2804, a rural development and housing tax credit bill that would let the Department of Housing allocate up to $2 million per year in credits for qualifying rural affordable housing projects, with the program set to expire in 2037. Supporters, including the sponsor, the mayor of Flagstaff, and housing investors and developers, said the credit would leverage federal LIHTC dollars, attract private capital, and help finance affordable housing for seniors, veterans, and low-income residents in rural Arizona. Opponents from the Arizona Free Enterprise Club argued state LIHTC programs are inefficient, costly, and hard to oversee. The committee passed the bill 13-4. The committee also heard HB 2388, as amended, which appropriates $100,000 to the Arizona Commerce Authority to study the economic benefits of small modular reactors and data centers, with a report due by June 30, 2027. Supporters said the study could help Arizona plan for future energy and data-center growth, while opponents argued the agency already has other funding sources and should not receive additional money for the study. The amended bill passed 10-7. After a presentation from Auditor General Lindsay Perry on county treasurer procedural reviews and the Santa Cruz County embezzlement case, the committee approved HB 2352, which provides $2,385,900 in FY 2029 for the Auditor General to continue county treasurer reviews, on an 11-7 vote. The committee then unanimously approved HB 2418, as amended, which directs $600,000 to be evenly distributed among five major incident task force counties and codifies the longstanding distribution practice. Finally, the committee took up HB 2499, the first of two ESA administration bills, which would appropriate $2.6 million and 12 FTEs to the Department of Education for ESA administration and oversight beginning in FY 2027; the bill drew extended debate about ESA growth, accountability, testing, and spending oversight, but the transcript cuts off before the final vote.
WY

Wyoming 2026 Regular Session

House Minerals, Business & Economic Development Committee, February 27, 2026

Minerals, Business & Economic Development

Transcript Highlights:
  • PMTF and to the school fund as well. PMTF and to the school fund as well.
  • Um, I... application for the the uh the funds uh application for the the uh the funds uh that<00:38:06.400
  • and some federal funding.
  • private investment some federal funding. private investment some federal funding.
  • 25 projects funded.
WY

Wyoming 2026 Regular Session

Senate Minerals, Business & Economic Development Committee, February 27, 2026

Minerals, Business & Economic Development

Transcript Highlights:
  • The Chair called this meeting of the Senate Minerals, Business and Economic Development Committee together
  • It establishes that the DEQ will develop a process to issue all permits and licenses required for these
  • DEQ will develop a process to issue all permits and licenses required for these designated industrial
  • DEEQ will develop a process to issue all DEEQ will develop a process to issue all permits<00:29:16.480
  • But if a project of this size develops, there will be opportunities for business arrangements to sell
OK

Oklahoma 2026 Regular Session

General Government REVISED: Links added Feb 3rd, 2026 at 01:30 pm

General Government

Transcript Highlights:
  • So, these fees do not come out of appropriated funds. That's correct. That is correct.
  • This bill does not prohibit local economic development.
  • You get the tax breaks up front so that you can develop it and get it going.
  • But in a lot of these developments, when developments, when businesses are looking at coming into Oklahoma
  • We should know how these funds are being spent.
KY
Transcript Highlights:
  • UK reported the use of private funds rather than restricted funds for its improved Memorial Coliseum
  • UK reported the use of private funds UK reported the use of private funds rather<00:01:49.520>
  • 50.560> its rather than restricted funds for its rather than restricted funds for its improved
  • as collateral for the project and funds as collateral for the project and funds will<00:21:36.000
  • is 100% state funded. is 100% state funded.
Summary: The committee met with quorum, approved the September meeting minutes, and received a set of information reports on capital projects, debt, school district bond issues, UK and KCTCS asset preservation projects, and the Louisville Arena Authority’s financial report, with the latter noted as lengthy and expected to be discussed further in person in December. The committee also heard a Finance and Administration Cabinet lease report covering three leases: a temporary lease for the Cabinet for Health and Family Services in Louisville due to ongoing maintenance and safety issues at its current site, a Department of Juvenile Justice lease in Hardin County for a day-treatment/alternative school program, and a Warren County lease renewal. Members questioned the Hardin County lease about the higher rate and limited competition; agency staff explained the specialized school setting, transportation and program requirements, and the difficulty of attracting bidders for alternative-school space. The lease package was approved after roll call. The committee then considered seven economic development grants: four EDF grants and three KPDI grants. The projects included infrastructure for Allen County’s industrial park, flood-related repairs for Weddington Plaza in the Big Sandy area, an Owensboro manufacturing expansion for Mscan America, a new Louisville manufacturing facility for Anthro Energy, a Henderson due-diligence study, a Paducah spec building, and utility extensions for the Riverbend site in Carrollton. Staff said the projects had been approved by KEFA and recommended by the relevant cabinet leadership, and the committee approved them by roll call. Finally, the committee reviewed a new Kentucky Housing Corporation conduit bond issue for about $43 million for 233 Louisville housing units, which was approved. It then took up five SFCC debt issues together: new money for an Edmonson County elementary school and Knox County middle school gym improvements, plus refundings for Callaway, Hardin, and McCracken counties. Members raised concerns that the refundings were bundled together and that some did not appear to meet a newly referenced 3% net present value savings guideline, but the package was still approved on a 5-2 vote. The meeting ended with calendar updates, including a November 20 meeting at noon and a December 16 meeting featuring the Yum Arena presentation, followed by adjournment.
MN

Minnesota 2025-2026 Regular Session

House Transportation Finance and Policy Committee 4/13/26

Transportation Finance and Policy

Transcript Highlights:
  • pots of funding.
  • regional development guide. regional development guide.
  • of funding. of funding.
  • the two general fund appropriations. the two general fund appropriations.
  • are all out of the general fund. are all out of the general fund.
Summary: The committee approved the April 8, 2026 minutes and then heard House File 3373, which was laid over. The bill sought trunk highway bond funding for preliminary and final design work at the 70th Street interchange in St. Paul Park. Representative Hansen, Mayor Keith Frankie, and Washington County Commissioner Karla Bigham described the interchange as undersized and increasingly unsafe because of refinery truck traffic, aggregate hauling, nearby growth, and changing traffic patterns. Members asked about prior study, cost, and greenhouse gas requirements, and the bill author said the request was about $500,000. Chair Cosgrove noted the bill would be laid over and suggested the issue could involve future statutory exemptions. The committee then took up House File 4449, also laid over, after adopting the A4 author’s amendment. Representative Jones presented the bill as a transit planning and accountability measure for the Twin Cities metro. It would set numeric transit goals, require better coordination between road projects and future transit projects, and give the Met Council more tools to support transit-oriented development, including property acquisition and development around transit corridors. Jones argued the bill would help avoid rebuilding roads twice and improve transit ridership, frequency, speed, and reliability. Representative Olson offered an amendment to exempt highway projects primarily addressing documented safety issues, arguing that safety projects should not be burdened by added transit requirements or costs. Jones said she supported the safety concern but opposed the amendment as written because the bill was aimed at major construction projects. After a roll call, the amendment failed on an 8-8 tie. The bill itself remained laid over for further work, with the chair noting there was still time to refine the proposal.