Video & Transcript Research : 'guaranty fund'

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AZ

Arizona 2026 Regular Session

01/13/2026 - House Natural Resources, Energy & Water

Natural Resources, Energy & Water

Transcript Highlights:
  • Many of you know this fund as the rural fund.
  • loans given out by the fund.
  • And so this fund is meant to help fund the projects that don't have funding from anywhere else.
  • And so this fund is meant to help fund the projects that don't have funding from anywhere else.
  • And so this fund is meant to help fund the projects that don't have funding from anywhere else.
HI

Hawaii 2026 Regular Session

HOU Public Hearing 01-27-2026

Housing

Transcript Highlights:
  • funds versus committed funds.
  • </c> account and appropriates funds. account and appropriates funds.
  • </c> and there so no additional funding. and there so no additional funding.
  • :51.280><c> funding,</c> of the funding, of the funding, &gt;&gt; right?
  • </c> requesting new funding. requesting new funding. &gt;&gt; That's<00:42:54.160><c> right.
TX

Texas 89th Regular

Trade, Workforce & Economic Development May 7th, 2025

Trade, Workforce & Economic Development

Transcript Highlights:
  • Awokoski, her HOA has $300,000 in their reserve fund, but they can't be bothered to hold an election.
  • This bill does not impose mandates or require state funding.
  • Members, SB 264 will close down the Workers' Compensation Group Self-Insurance Guarantee Fund, first
  • once approved, that will shut down the fund that cotton.
  • Senate Bill 264 will allow the Guarantee Fund to wind down operations.
TX
Transcript Highlights:
  • The only one that's left in that is the Cotten-Jenner's fund. It's about $250,000.
  • So basically it's just giving them the statutory requirement to close that fund out and distribute the
  • fund.
  • be regulated by TDI like other insurers. 2064 will allow the Guarantee Fund to wind down operations
  • Texas has historically been able to fund critical services. about imposing burdensome new taxes.
ND

North Dakota 2026 1st Special Session

Joint Appropriations Jan 21st, 2026 at 12:30 pm

Appropriations

Transcript Highlights:
  • Trust Fund might be an option.
  • And that becomes the issue of who's not going to get funded if we fund this? Mr.
  • So today it's a one-time funding request. So today it's a one-time funding request.
  • PERS is a special funded agency, and we don't receive any general fund appropriation.
  • This is the funding that would be available, gap funding.
Bills: HB1623
Summary: The committee first heard House Bill 1624, the “Universal Lunch Bill,” from Rep. Mike Nathie. He argued the proposal should be placed in Century Code rather than the Constitution so future legislatures can adjust it if state finances tighten, and said the bill would start the program a year earlier with a $65 million appropriation for one school year. DPI testified that the estimate did not include nonpublic schools that do not participate, and members questioned the impact on Title I, free-and-reduced applications, private-school accountability, breakfast mandates for schools that do not currently serve breakfast, and whether the funding could come from the DPI budget or other sources. Supporters, including North Dakota United, the North Dakota Catholic Conference, a pediatrician, and the American Heart Association, said universal meals improve student health and learning, reduce family costs, and are better handled in statute than by constitutional amendment. No opposition testimony was offered, and the chair closed the hearing for later work-session action. The committee then took up House Bill 1627, introduced by Rep. Tye Dressler, which would raise the income threshold for the state-funded school lunch program from 225% to 300% of poverty, with an estimated cost of about $7 million for 2026-27. Dressler said the bill is intended as a targeted, budget-friendly alternative to the ballot measure and emphasized that the state should maximize federal meal dollars while improving participation in the current program. Members questioned whether raising the threshold would actually increase utilization, whether a dollar amount would be clearer than a percentage, and how the change would affect federal reimbursements and application rates. DPI said it could quickly calculate additional percentage levels, and the chair closed the hearing, directing DPI to prepare more numbers for the work session. Finally, the committee opened Senate Bill 2403, presented by Sen. Schiable, to create a short-term bridge-loan program for financially distressed hospitals, centered on Jacobson Memorial Hospital in Elgin. The bill would authorize up to $5 million per loan, with a $10 million appropriation available on a first-come, first-served basis, and would run only through June 30, 2027. Schiable said the hospital’s debt and operating problems threaten local health care, ambulance service, and the community’s economy, and that the proposal was designed narrowly with Bank of North Dakota review to avoid creating a broad precedent. Committee members asked whether the appropriation could be reduced and whether the bank would still apply commercial feasibility and repayment standards; Schiable said yes, the bank would still evaluate the loan and could reject it if it was not sound.
ND

North Dakota 2026 1st Special Session

Joint Appropriations Jan 21st, 2026 at 10:30 am

Appropriations

Transcript Highlights:
  • matching funds.
  • matching funds.
  • And those are key to funding.
  • And we funded it. We had to plan for a billion dollars of funding, $200 million a year.
  • Grant funds.
Bills: HB1623
Summary: The committee heard House Bill 1623, the appropriations bill tied to North Dakota’s Rural Health Transformation Program, which is funded through a new federal rural health care grant. Senator Bekkedahl explained the bill’s background, the interim committee process that developed it, and the federal conditions attached to the award, including spending deadlines, administrative cost limits, and restrictions on uses such as new construction, supplanting existing funding, and certain other costs. Legislative staff then walked through the seven sections of the bill, including appropriation authority, transfer authority, contingent appropriations for pass-through grants, procurement and public improvement exemptions, recipient reporting, legislative reporting, and immediate effective date. Commissioner Traynor and HHS staff described how the department plans to implement the program, emphasizing that the funding is intended to improve rural access, workforce recruitment and retention, technology and data connectivity, and community health initiatives. They said the department will rely on local applications, technical assistance, templates, listening sessions, and partnerships with providers, schools, public health units, tribal entities, and other community groups. Members asked about reimbursement timing, upfront costs, administrative expenses, sustainability after the five-year grant period, and whether CTE centers, public health units, gyms, grocery stores, and other community partners could participate; the department said yes, within program rules and with a focus on measurable outcomes and sustainability. Several supporters testified in favor. Mental Health America of North Dakota and the Mental Health Advocacy Network supported the bill and urged investment in community-based mental health, crisis response, children’s services, peer support, and mobile crisis teams. HIA Health described the grant as a chance to expand home-based and hospice care, noting that rural providers already have workable models but need funding to scale them. A cybersecurity representative also supported the bill, warning that the large amount of health data and AI-related tools will require strong data protection and professional support. The hearing was closed with no opposition testimony, and the committee announced it would return later in the day for further work on the bill and other measures.
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.
OK

Oklahoma 2026 Regular Session

Local and County Government Feb 17th, 2026 at 02:00 pm

Local and County Government

Transcript Highlights:
  • So Senate Bill 1288 provides that the state's share of matching requirements for federal funds shall
  • So, yeah, there are funds that are put aside for the state emergency funds the governor has at his or
  • Like, they can appropriate or ask for those emergency funds to be applied to this fund as well, or it
  • could come out of their state fund emergency fund.
  • The funds are being tied up, and sheriffs want to use these funds for Moving down to line 19 for training
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Feb 9th, 2026 at 06:36 pm

House Appropriations & Finance

Transcript Highlights:
  • investment fund that provides revenue for the Land of Enchantment Legacy Fund, from which distributions
  • The changes that HB 184 would ensure that the fund will be sustained into the future and allow more funding
  • It made several changes to the structure of that fund...” “That fund.
  • The Public Project Revolving Fund provides stable, consistent funding that is not reliant on the general
  • fund.
Bills: HB63, HB64, HB184, HB200, HB47, HB48, HB2, HB9
AL

Alabama 2025 Regular Session

Alabama House Ways and Means Education Committee Apr 22nd, 2025

Ways and Means Education

Transcript Highlights:
  • funds because there was a lot of movement between funds.
  • fund from the reserve fund.
  • We've added also from the reserve fund additional funding on top of that.
  • Fund will go back to the education reserve fund.
  • So, we've moved this $80 million from the reserve fund to the Choose Fund. to the Choose Fund so they
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Feb 16th, 2026 at 10:48 pm

House Appropriations & Finance

Transcript Highlights:
  • We're securing the funding. We have guardrails. We're codifying a system.
  • funds pursuant to the State Equalization Guarantee Distribution or funds appropriated for instructional
  • or general funding.
  • Relieve the early childhood trust fund rather than increase general funds.
  • Setting up the Early Childhood Fund was unprecedented. And it was very bipartisan.
Bills: SB132, SB241
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 11th, 2026 at 04:38 pm

Senate Finance

Transcript Highlights:
  • There was additional money on line 67 for that fund, for the Rural Libraries Fund.
  • For that fund, for the Rural Libraries Fund.
  • other state funds.
  • This is how you're funding the computer funding.
  • general fund, right?
Bills: SB152, SB145, SB190, HB247
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 11th, 2026 at 09:05 am

Senate Finance

Transcript Highlights:
  • and use of the fund.
  • And how much was in that fund?
  • as opposed to we funding it on the front end of the general fund.
  • This doesn't get rid of that funding. It just shifts it from the federal funds to general funds.
  • That would populate that fund.
Bills: SB152, SB145, SB190, HB247
KY
Transcript Highlights:
  • What can be funded? infrastructure mean? What can be funded?
  • Here's how it's funded.
  • </c> and Shelby have gotten some funding. and Shelby have gotten some funding.
  • mechanism of funding their housing trust<00:57:57.520><c> funds.
  • </c> how was the fund uh funded? how was the fund uh funded? &gt;&gt; Sure. &gt;&gt; Sure.
Summary: The Housing Task Force heard a presentation from Anita Sanford of the Homebuilders Association of Kentucky and Sheri Cybert of Indiana’s Residential Infrastructure Fund about Indiana’s low-interest loan program for local housing infrastructure. They described the program as a voluntary, locally driven model that helps communities finance roads, sewers, sidewalks, traffic lights, turning lanes, and other infrastructure needed for new housing development. Sanford emphasized that infrastructure and regulation are major drivers of housing costs, citing estimates that infrastructure can account for up to 30% of a home’s cost and regulations another 25%, and said the association is studying Kentucky-specific regulatory costs. She also noted that every $1,000 added to new home construction can price out about 2,000 Kentucky households. Cybert explained that Indiana’s program, administered through the Indiana Finance Authority, began in 2023 with $75 million appropriated over two years and has since closed 17 loans totaling $60.7 million, with more than 2,700 projected housing units. The program reserves 70% of funds for rural communities and 30% for urban communities, requires applications from local governments rather than developers, and asks communities to show need through a market study, describe the infrastructure and housing to be built, and provide preliminary engineering plans and a repayment source. She said the loans currently carry an interest rate around 3.5%, reset quarterly, and that the program has generated about $25 million in savings to communities compared with private borrowing. She also described recent Indiana legislative changes that encourage higher density and other zoning reforms, and said a majority of those local ordinance changes must be adopted for an application to be fundable. Members asked about the ordinance requirements, the funding split between rural and urban areas, repayment mechanisms, and whether there were caps on project size. Cybert said repayment is worked out case by case, often through existing or project-specific TIFs, temporary tax agreements, or letters of credit, and that the program has no cap on request size or income/affordability restrictions. She said the largest request funded was $19 million for a 700-unit project. Co-chair Mills and others discussed whether Kentucky could adopt a similar model and what it would cost, while Sanford and Cybert said they were still refining budget estimates. Later, Scott Welch, president of the Homebuilders Association of Kentucky, testified that upfront infrastructure costs are a major barrier in his projects, citing a $1 million pump station and road-widening and utility relocation costs as examples, and said an infrastructure fund would help get projects off the ground.
MN

Minnesota 2025-2026 Regular Session

Housing Committee Meeting - 2026-04-07

Housing Finance and Policy

Transcript Highlights:
  • </c> talking about sources and uses of funds. talking about sources and uses of funds.
  • funds including funds that uh sources of funds including funds that you<00:06:20.400><c> give</c><00
  • </c> application for those funds. application for those funds.
  • It's not the dollars of your funds. It's the taxpayers' funds.
  • </c> funding. We're we're fresh out of money. funding. We're we're fresh out of money.
Bills: SF2434
TX

Texas 89th 2nd C.S.

Higher Education Apr 29th, 2025

Higher Education

Transcript Highlights:
  • The legislature funded a feasibility study last session. and the results are clear.
  • First, secure funding commitments, then get the Coordinating Board's nod and ABA accreditation, and open
  • Two years ago the legislature funded a feasibility study and you have in front of you the results of
  • We're not doing this for money, we just need help with funding.
  • We're not going to get out of the big fund because of the competition.
Bills: HB232
TX

Texas 89th 2nd C.S.

Higher Education Apr 29th, 2025

Higher Education

Transcript Highlights:
  • The legislature funded a feasibility study last session, and the results are clear.
  • same high standards as other Texas law schools, and we explicitly allow partnerships, gifts, uh, to fund
  • If we secure fund, if we secure funding commitments in the next 12 to 18 months, a formal proposal to
  • Two years ago, the legislature funded a feasibility study and you have in front of you the results of
  • We just need help with funding.
Bills: HB232
MN

Minnesota 2025-2026 Regular Session

House Transportation Finance and Policy Committee 3/10/25

Transportation Finance and Policy

Transcript Highlights:
  • </c> the highway user tax distribution fund the highway user tax distribution fund the<00:02:50.280><
  • 25.920><c> funding</c><00:03:26.200><c> for</c> biggest source of funding for biggest source of funding
  • </c><00:21:03.280><c> Gap</c> such a thing as a Transit funding Gap such a thing as a Transit funding
  • No, I just—it is interesting that our default is a road funding gap report, but not a transit funding
  • </c> Revenue options to address the funding Revenue options to address the funding Gap<00:24:14.520><
Bills: HF1167, HF1242
TX

Texas 89th Regular

Appropriations Feb 19th, 2025 at 10:30 am

Appropriations

Transcript Highlights:
  • To a school's funding.
  • That program is self-regulating and self-funding in terms of funding.
  • Fund, and the Seaport Connectivity Fund.
  • and don't fund.
  • Yes, Ag Fund, EDAP, and currently the Flood Infrastructure Fund.
Summary: During this committee meeting, the focus was on discussing critical infrastructure funding, especially related to water supply and flood mitigation projects. Chairwoman Stepney and the Water Development Board presented extensive details regarding the Texas Water Fund, which included $1 billion appropriated to assist various financial programs and tackle pressing water and wastewater issues. Additionally, funding allocations aimed at compromising the state's flood risk and improving water conservation were hotly debated, emphasizing collaboration among committee members and the necessity of addressing community needs in such projects.