Video & Transcript Research : 'bonds'
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KY
Kentucky 2026 Regular Session
House Budget review Sub. on Postsecondary Education. (1-29-26)
Transcript Highlights:
- <00:06:19.840>
authorization agency bond authorization agency bond authorization authorizing - <00:11:07.600>
funds general assembly use either bond funds general assembly use either bond - Willing to put some of our bond funds in it as well. Mr.
- Willing to put some of our bond funds in it as well. Mr.
- You know, you were requesting some agency bonds for dorms. You had the cost-share approach.
Summary:
The House Budget Review Subcommittee on Postsecondary Education met to hear from Morehead State University President Jay Morgan, who outlined the university’s budget and capital priorities. He described Morehead as a Kentucky-serving, largely low-income student institution with an aging campus, and said the university’s long-term plan is to renovate existing facilities, decommission older buildings, and replace outdated space with more efficient construction. He thanked the General Assembly for prior support, especially asset preservation funding, fire and tornado insurance premium support, and a prior university inflationary adjustment.
On the operating side, Morgan asked that insurance premium support continue, that the earlier inflationary adjustment roll forward, and that the Kentucky Council on Postsecondary Education’s request for a minimum distribution in the performance funding formula be supported. He noted Morehead has received little or no performance funding in recent years and said that if no additional formula funds are added, the university would prefer a line-item appropriation. On the capital side, he requested continued asset preservation funding and outlined several construction priorities: a new applied science building, a new agriculture science building, a new space science technology building, and a cost-share replacement for the aging Maze Hall residence hall, with the state covering $10 million of a $20 million project and Morehead matching the rest.
Morgan also discussed the Craft Academy, saying the current appropriation supports 200 students and that the university would like to increase the line item to expand enrollment by about 20 students. In response to questions from Chairman Tipton, he said Morehead had previously explored but ultimately rejected a public-private partnership model for housing, preferring to own and control its residence halls to keep housing costs manageable for students. He also explained that the land surveying courses in the applied science proposal are a popular part of related programs and that Morehead’s space science program is a major research-and-contracts-driven operation with about 250 students, federal and private research ties, and graduates working both in Kentucky and elsewhere. The committee then approved the prior meeting minutes and discussed that upcoming postsecondary budget meetings would continue over the next several weeks to gather input on the new budget process.
CA
California 2025-2026 Regular Session
Assembly Elections Committee Apr 30th, 2025
Transcript Highlights:
- Local bonds are one of the most important sources of funding for the construction and preservation of
- Local bonds are one of the most important sources of funding for the construction and preservation of
- Right now, the high threshold to pass a bond makes them rare and limited to only a few jurisdictions.
- It exempted the financial disclosure requirements for local tiered tax and bond measures from the 75-
- to pass bonds when their financial costs are hidden away in a separately mailed voter guide that many
Summary:
The Assembly Elections Committee met on April 30, 2025, beginning as a subcommittee until a quorum was established. The committee first approved six bills on consent, including AB 950, AB 953, AB 1214, and three committee bills. It then heard several measures dealing with election administration, ballot transparency, and campaign finance, with most authors accepting committee amendments and several bills being held on call for absent members.
AB 930 by Assembly Member Ward would extend the deadline for counting timely postmarked vote-by-mail ballots from three to seven days after Election Day and update recount procedures, including online posting of recount results and clearer rules for recount requests. The bill was supported by county election officials and passed out of committee with a due-pass recommendation, though it was initially held on call. AB 459 by Assembly Member DeMaio proposed allowing electronic signatures for initiatives, referenda, and recalls; the Secretary of State and labor groups opposed it over security, implementation, and cost concerns, and the committee ultimately rejected the bill after reconsideration. AB 699 by Assembly Member Stephanie would change how local tiered tax and bond measures are described on ballots by allowing more detail to be placed in the voter guide; housing, school, and local government groups supported it, while taxpayer and realtor groups opposed it as reducing ballot transparency. AB 1188, presented on behalf of Assembly Member Ortega, would list the top three funders supporting and opposing statewide initiatives and referenda directly on the ballot; transparency advocates and labor supported it, while county election officials and business groups raised concerns about ballot length and processing costs. Both AB 699 and AB 1188 passed out of committee with amendments and were held on call.
The committee also heard AB 827 by Assembly Member Berman, which would standardize and extend the deadline for curing vote-by-mail signature problems, add a link to cure forms in ballot-tracking notifications, and make other changes to improve ballot curing. It drew no opposition in the hearing and passed with a due-pass recommendation. AB 351 by Assembly Member McKenna would raise the Levine Act contribution threshold for local officials to $1,500 and add CPI adjustments; supporters said it would reduce administrative burdens and reflect modern campaign finance realities, while good-government groups and the League of Women Voters opposed it as weakening anti-corruption protections. The committee initially failed AB 351, then granted reconsideration, but the transcript ends before a final disposition is clearly completed. Finally, AB 1079 by Assembly Member Farías would eliminate the automatic appellate stay in California Voting Rights Act and Fair Maps Act cases; it was supported as a way to prevent delayed remedies in voting rights cases, opposed by the City of Santa Monica over impacts on ongoing litigation, and passed with amendments. After taking up the held items, the committee recorded final votes on the bills, including passage of AB 930, AB 699, AB 1188, AB 827, and AB 1079, and rejection of AB 459.
KY
Kentucky 2025 Regular Session
Capital Projects and Bond Oversight Committee (11-20-25)
Transcript Highlights:
- These are also known as the 2011 bonds for this entity.
- These are also known as the 2011 bonds for this entity.
- , and 2025F for $25 million of taxable bonds.
- Uh this for 25 million of taxable bonds.
- Uh this was of 2025 series A bonds.
Keywords:
November 20, 2025
00:12 Call to Order and Roll Call
00:58 Information Items
06:50 Finance and Administration Cabinet
09:10 KY Infrastructure Authority
21:20 Office of Financial Management
29:14 Meeting Recessed
44:58 Reconvened
45:07 Approval of Minutes
46:35 Next Meeting Date
47:05 Adjournment, 958, all
Summary:
The committee met without a quorum for much of the meeting, so several agenda items were initially heard only for information. Early updates included six informational reports, such as an Auditor of Public Accounts compliance examination with no findings, university equipment and allocation reports, school district bond issuances, Western Kentucky University’s planned public-private partnership housing redevelopment, and quarterly Kentucky Communications Network Authority reports. Members then questioned WKU officials about the P3 housing project, including the number of RFQ responses, property tax responsibility, ownership of the student life foundation, and the status of repairs to residence halls. WKU said the foundation has owned the property since 2000, one hall would be razed or demolished at the end of the academic year, and repairs to the other two were expected to be completed by fall 2027.
The committee also heard a Department of Fish and Wildlife Resources acquisition project for Mount River Farms in Wayne County and a Department of Corrections roof replacement project at Luther Luckett Correctional Complex, but no votes were taken until a quorum was later established. The Kentucky Infrastructure Authority then presented six loans and four grant reallocations, including loan increases for Adair County Water District and the City of Harlan, new loans for Litchfield, Louisa, Southeastern Water Association, and Flatwoods, and grant reallocations under the Cleaner Water Program. Members asked about Harlan’s 30-year term and special condition requiring a revenue increase; KIA explained the longer term is reserved for disadvantaged communities and that the condition was meant to reinforce standard debt coverage requirements, while depreciation is reviewed but not included in cash-flow calculations.
After a recess, Senator Thomas arrived and a quorum was reached. The committee approved the prior minutes and then took a consolidated vote on the action items, which passed. The final items included a Kentucky Economic Development Authority revenue bond refunding for CommonSpirit Health, several Kentucky Housing Corporation conduit and single-family bond issuances, a Western Kentucky University bond issuance, and SFCC debt issues. Members discussed the housing transactions, noting they are developer-financed and not subject to a traditional bidding process, and expressed concern about whether the process could produce more units for the same amount of money. The meeting adjourned after all information items were approved and the next meeting date was announced.
MO
Transcript Highlights:
- It also moves the school board tax levies and bond indebtedness to the general elections.
- The bond and levy limitations that this bill would place.
- The bond and levy limitations that this bill would place.
- The bond and levy limitations that this bill would place.
- The bond and levy limitations that this bill would place.
Summary:
The Committee on Children and Families heard public testimony on Senate Bill 1002, which would move St. Charles County school board elections and school levy/bond questions to the November general election, extend school board terms to four years, and allow candidates to voluntarily list party affiliation. The bill sponsor argued the change would increase turnout, broaden parent and taxpayer participation, and better align school board decisions with the broader electorate. Supporters echoed those points, saying April elections have low turnout, campaigning is difficult in winter, and November voting would give more residents a voice.
Opponents, including school board members, parents, and the Missouri School Boards’ Association, argued the bill unnecessarily singles out St. Charles County, could politicize school board races, and might bury local issues on crowded November ballots. Several witnesses said school boards should remain nonpartisan and warned that four-year terms and the loss of staggered elections could reduce continuity and institutional knowledge. Others said limiting levy and bond questions to November could delay urgent district needs and reduce local flexibility. Some supporters and opponents also debated whether the bill should be statewide rather than county-specific.
After testimony, the committee moved into executive session and voted Senate Substitute for Senate Bill 1002 “do pass” by a vote of 10 aye, 5 no, and 1 present. The committee also voted Senate Substitute for Senate Bill 1135 “do pass” by the same 10 aye, 5 no, and 1 present margin.
NM
New Mexico 2025 Regular Session
IC - Radioactive and Hazardous Materials Jul 11th, 2025
Radioactive & Hazardous Materials Committee
Transcript Highlights:
- The long-term liability is a $95,000,000 bond with Westmoreland.
- That's a surety bond, so that's not a self-bond.
- The only time we can take away or reduce the bond is during a...
- Who handles the reduction of bond?
- or insurance bond.
ND
North Dakota 2026 1st Special Session
Water Topics Overview Committee Jun 10th, 2026 at 09:00 am
Water Topics Overview Committee
Transcript Highlights:
- Ability to have improvement bonds.
- And it has to be there for the life of the bond.
- The Drinking Water Program has revenue bonds making up about 79% of that portfolio, and improvement bonds
- And the Clean Water Program has about 70% revenue bonds and 30% improvement bonds.
- The ratio had been higher on the revenue bonds.
HI
Transcript Highlights:
- <01:32:14.440>
and regarding General obligation bonds and regarding General obligation bonds - coming from um General obligation bonds coming from um General obligation bonds what's<01:32:22.080
- fund to come out of a funds the bond fund to come out of a funds the bond funds<01:32:32.560>
- me because um General obligation bonds me because um General obligation bonds are<01:33:21.840><
- whereas General General obligation bonds whereas General General obligation bonds it's<01:33:48.920
Summary:
The Public Safety Committee held a hearing on House Bill 433, which would appropriate $4 million for Department of Corrections and Rehabilitation re-entry services to connect offenders with community-based services. Director Tommy Johnson said the department supports the bill’s intent but noted the governor’s executive budget already includes $4 million for the same purpose and asked that the measure defer to that budget. Supporters, including the Hawaii Correctional System Oversight Commission, Community Alliance on Prisons, and the ACLU, backed the funding but urged that it be tied to a clear re-entry plan, performance measures, transparency, and regular reporting to the legislature. They emphasized that re-entry should begin at intake and involve community partnerships, housing, treatment, employment, and family reunification services.
Committee members questioned the department about current re-entry services, pre-trial detainees, and how the new funds would be used. Johnson said the department’s current statewide re-entry budget is about $1.5 million to $1.7 million, separate from the larger Corrections Program Services Division budget for in-facility programs. He described the proposed $4 million as supporting a mix of services, including a pilot apprenticeship program, substance abuse treatment, navigator or warm-handoff services, and short-term transitional housing. He also said the department already tracks performance outcomes in its annual report and can provide a matrix showing the intake-to-discharge process, program contracts, and volunteer organizations.
The discussion also covered pre-trial detainees, electronic monitoring, and mental health services. Johnson said the department has limited jurisdiction over pre-trial detainees but works with courts to seek supervised release when possible; he noted that many requests are denied, though electronic monitoring has improved release rates somewhat. On mental health, he said the jail is not an ideal therapeutic setting for people found unfit to proceed and suggested a secure community-based step-down facility run by the Department of Health for those needing care above what the jail can provide but below forensic-level treatment. No vote or final action on the bill was taken during the hearing.
HI
Transcript Highlights:
- And because of cost increases, the request for bonds is going up.
- our bond cap set by the Treasury is about over $350 million, so we are heavily oversubscribed on bonds
- . of cost increases the request for bonds of cost increases the request for bonds is<00:03:22.760>
- and and of course private activity bonds and and of course our<00:03:30.439>
bond <00:03:30.799 - little bit of the private activity bonds little bit of the private activity bonds we'll<01:00:52.000
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance Apr 22nd, 2025
Transcript Highlights:
- Since the bonds had been sold, UC has identified some debt service savings.
- The remaining beds have to pay for the market rate bond on that project.
- We take out what's called lease revenue bonds, which are bonds that are repaid with the student rental
- If the legislature does not approve of that, we would have to go back and resell some bonds.
- The last time we got a GO bond was 2006.
TX
Texas 89th Regular
Senate Committee on Health and Human Services May 20th, 2025
Health & Human Services
Transcript Highlights:
- Delayed bonding, and then also...
- As amazing as it was bonding with my baby girl, it would have been complete torture for me.
- Baby for the week, creating a stronger bond each day that goes by, all day, every day.
- Today, she's fantastic and strongly bonded, but it was a lot of work and a lot of effort.
- That delay meant he was bonding with other caregivers before he was able to start bonding with us.
Bills:
HB163, HB216, HB721, HB2035, HB2038, HB3057, HB3153, HB3233, HB3595, HB3801, HB3812, HB4076, HB4129, HB4377, HB4535, HB4666, HB4730, HB4743, HB4903, HB5149, HB5155, HB1534, HB163, HB216
Keywords:
epinephrine, healthcare, emergency response, administration, medical policy, health care, itemized billing, patient rights, provider regulations, Texas Health and Safety Code, cost disclosure, insurance, benefit plan, administrators, chemical dependency, treatment facilities, minor admissions, parental notice, mental health, medical licensing
WV
West Virginia 2026 Regular Session
Senate in Session Mar 13th, 2026 at 01:31 pm
West Virginia Senate Floor Meeting
Transcript Highlights:
- The second is cash bond.
- But in those circumstances, let's say that the bond is $10,000.
- So, on a $10,000 bond, they would have to pay the bail bondsman $1,000.
- instead of a personal recognizance bond.
- And most times that I've seen this come in front of a magistrate, they are going to do a PR bond.
Summary:
The Senate considered and passed a series of House bills on third reading, with several title amendments and a few effective-date motions adopted. Early in the session, members passed HB 4452 removing acreage limits on land owned by church or religious trustees, HB 4577 creating reciprocal driver’s license recognition agreements with Ireland and Japan, HB 4588 authorizing West Virginia participation in a federal tax credit scholarship program, and HB 4592 requiring higher education institutions to create coordinated campus safety maps. HB 4602 was amended to align with a prior Senate child welfare pilot program, and members discussed its projected cost and implementation timeline before passing it. HB 4603 created a pre-adjudicatory alternative disposition process in abuse and neglect cases, and HB 4606 narrowed bail rules by requiring consideration of residency and community ties while prohibiting personal recognizance bonds for violent felony offenses after an adopted amendment.
The Senate also passed HB 4710 changing the party-registration deadline for candidates from 60 to 180 days before an election, with debate over its impact on independents, and made it effective January 1, 2027. HB 4712, known as Bailey’s Law, increased penalties for DUI causing death and related conduct, with emotional testimony from members about the victim and similar tragedies. HB 4765 established a pay raise for teachers, school personnel, and state police and added a market-pay enhancement system based on county cost-of-living differences; an amendment to the amendment capped county differentials and guaranteed at least a 1% increase in every county. HB 4865 created an optional program for high school and homeschool students to serve as election official trainees, and HB 4869 established narrow guaranteed-issue rights for Medicare supplement policies.
Later bills included HB 4995, which strengthened video/audio recording rules in special education classrooms and was passed, then reconsidered and passed again; HB 4996 creating a new crime for making threats of violence against schools or children; HB 5048 guaranteeing virtual instruction for foster children in temporary placement; HB 5065 adding recordkeeping and geolocation requirements for hotel marketplace facilitators to ensure proper hotel tax remittance; and HB 5074 reallocating medical cannabis fund revenues to child protection, homeless services, research, law enforcement, and other purposes. The Senate also passed HB 5101, the Joanna Phillips Domestic Violence Prevention Act, which increased penalties for domestic violence offenses and adjusted bail provisions, after amending it to conform with the earlier bail bill. Additional measures passed included HB 5166 requiring notice before political committees are fined for filing violations and allowing limited extensions, HB 5168 directing $12 million in lottery funds to EMS first responders and county EMS support, HB 5182 authorizing certain state treasurer security personnel to carry concealed firearms, HB 5212 streamlining higher-education financial aid rules, HB 5214 allowing court-ordered drug testing of parents before reunification in abuse and neglect cases, HB 5353 regulating virtual currency kiosks with licensing, disclosures, and transaction limits, and HB 5366 exempting J-LAP records from FOIA to protect confidentiality for lawyers and judges seeking assistance. Most bills passed with strong bipartisan support, though HB 5074 and HB 5353 drew some dissenting votes.
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Nov 21st, 2025
Transcript Highlights:
- Bonds must be primarily expended within three years of approval.
- Do we have any idea about those contractors that have the bonding capacity?
- Yes, they do have the bonding capacity to move projects forward effectively.
- And Chairs, they're not allowed to have a bond issue either, correct?
- They could bond. So Chairs, I know My colleague has input here.
CA
California 2025-2026 Regular Session
Senate Business, Professions and Economic Development Committee Apr 20th, 2026
Business, Professions and Economic Development
Transcript Highlights:
- The planned projects will be eligible to receive seed money from state revenue bonds coordinated with
- The partnerships will enter into repayment plans so the bond funds are then repaid over time.
- We are, we are, so some, well, the revenue bond would be state funded. State funded.
- Bonds that they can do on their own that could then be built into this program.
- I asked the question because revenue bonds by definition are not paid by the general fund, but we've
Summary:
The Senate Committee on Business, Professions and Economic Development met as a subcommittee due to the lack of a quorum, then later established quorum and took up a series of bills, mostly sunset extensions for licensing boards. SB 1302, SB 1303, SB 1304, SB 1363, and SB 1368 all dealt with extending board operations to January 1, 2031 and making related technical or policy changes. SB 1303 for the Board of Naturopathic Medicine added a fictitious name permit program and other administrative changes, while SB 1304 for the Respiratory Care Board drew significant testimony over whether licensed vocational nurses should be allowed to perform basic respiratory tasks in skilled nursing facilities and hospitals. SB 1363 updated barbering and cosmetology apprenticeship and licensing rules, and SB 1368 added a retired license category and strengthened continuing education oversight for speech-language pathology, audiology, and hearing aid dispensers.
The committee also heard SB 865, which would create a California Music Festival Preservation Grant Program to support large independent multi-day music festivals. Supporters, including Visit Sacramento and festival promoters, said the bill would protect jobs, tourism, hotel nights, and local tax revenue; opponents raised concerns about using state funds during a deficit year and questioned whether profitable events should receive subsidies. The committee also heard SB 1297, which would create regional public-private partnerships and financing tools for wildfire mitigation projects; the author and supporters said it would help address the state’s large wildfire prevention funding gap by leveraging local and private investment, while members asked how the bonds would be repaid and whether the state would bear costs.
SB 993, presented on behalf of Senator Ochoa-Bogue, would restore privacy protections for mental health professionals working in correctional and state hospital settings by limiting routine disclosure of identifying information while preserving a complaint process. Supporters described safety threats, stalking, and staffing concerns, and the bill passed unanimously. SB 1304 also passed after committee discussion, with members and the author noting ongoing negotiations over LVN scope and training in higher-acuity settings. SB 865 passed on a 9-1 vote, SB 1297 passed 10-0, and the sunset bills SB 1302, SB 1303, SB 1363, and SB 1368 all advanced unanimously to the Senate Appropriations Committee. SB 1333 was not heard, and SB 1445 was on the consent calendar.
NM
New Mexico 2026 Regular Session
House - Rural Development, Land Grants And Cultural Affairs Jan 27th, 2026 at 09:00 am
House Rural Development, Land Grants And Cultural Affairs
Transcript Highlights:
- capacity available for severance tax bonds to be authorized by the Legislature.
- Also, Madam Chair, currently the division allocates 9% of the estimated bonding capacity each year for
- And, Madam Chair, in that same process, House Bill 21 has the division allocating 1.1% of the bonding
- capacity for the land grant infrastructure fund, approximately $20 million, and 1.1% of the bonding
- We're tied to severance tax bonding capacity, so legislation like ours is not in the budget bill.
NM
New Mexico 2026 Regular Session
Senate Chamber Feb 5th, 2026 at 11:33 am
New Mexico Senate Floor Meeting
Transcript Highlights:
- It's not the bonds. It's not all those... And that's my concern here. It's not the bonds.
- Will only open up bond questions. The city can put bond questions on the general election.
- And that they do their bonding capacity.
- But if you just inserted boards and made it clear, or bond, or I guess inserted bonds, thank you, do
- Just to make it clear that what you're talking about is bonds and permitting bonds to be held, bond elections
WA
Washington 2025-2026 Regular Session
Joint Transportation Committee Dec 3rd, 2025
Joint Transportation Committee
Transcript Highlights:
- I wanted to touch on a couple of other areas: surety bonding. That covers the estimating.
- Surety bonding would be one of them.
- So if you're talking about a billion-dollar project, maybe only $300 million would need to be bonded
- One other approach to that. justify reduce bonding.
- One other approach to that would be on a design build project to adopt a phase bonding approach where
Summary:
The committee first heard a presentation from WSDOT on balancing uncertainty in capital program estimates and cash flow management. WSDOT explained the differences between design-bid-build and design-build delivery, its tiered risk-assessment process by project size, and how it uses base estimates, inflation, and risk modeling to set budgets. Staff said design-bid-build estimates are generally accurate within about 1% across the program, while design-build projects carry much wider uncertainty and are better communicated as ranges; they cited a P85 budget approach and noted that large, complex projects can be affected by market competition and long procurement timelines. Members asked about the Columbia River Bridge cost growth and about value engineering, and WSDOT said it uses value engineering but has limited scope to cut costs because of project requirements and policy mandates. Troy Swing also discussed cash flow, noting that a few large projects can significantly affect biennial funding needs, and said a risk pool would not reduce overall program risk but could help manage timing if paired with appropriation and cash-flow controls.
The committee then received the final presentation in the WSDOT Project Delivery and Innovative Practices study from HKA Global. The consultant said WSDOT’s estimating practices are generally robust and recommended improving transparency by presenting budget authorizations as ranges or estimate classes, better tracking estimate growth over time, and adjusting advertisement timing to avoid competing lettings. The report also discussed surety bonding, suggesting the legislature consider restoring authority for reduced bonding on select large design-build projects or using phased bonding and alternative securities. On indefinite delivery/indefinite quantity contracting, the consultant said current job order contract rules are restrictive and recommended legislative changes to make such tools more usable, especially for smaller tasks and to help use unspent funds more flexibly.
The committee also heard a follow-up presentation on transit-oriented development policy recommendations tied to HB 1491. The Urban Institute’s Yona Freemark said Washington has been a national leader on TOD but that housing construction, especially in the Puget Sound, has slowed sharply since 2022. He said rising construction costs, high financing costs, and local tax and rent conditions are making many TOD projects infeasible, and recommended that the state fill infrastructure funding gaps around stations, revisit MFTE affordability requirements, consider minimum rather than average density requirements near transit, and create a statewide system to track TOD outcomes such as affordability, gentrification, and transit access. Members questioned the study’s developer interviews, the role of rent control and crime, property tax assumptions, and parking needs; the presenter said the study included five private developers, that rent control was not part of the study scope, and that parking was included in the model assumptions.
Finally, the committee began a presentation on regulating emissions from ocean-going vessels at berth. Staff and consultants described California-style at-berth rules, which require shore power or equivalent emissions controls so ships can shut off diesel auxiliary engines while docked. The study is examining vessel traffic, emissions reductions, implementation costs, labor and operational needs, and possible effects on port competitiveness and cargo diversion. No votes or formal actions were taken during the meeting.
TX
Transcript Highlights:
- used, tax rate proposals, and projected and actual tax impacts of these bonds.
- Um, I did go... and look at the Texas Bond Review Board.
- So I believe that the Texas Bond Review Board is...
- House Bill 103 relating to the creation and maintenance of a database of taxing unit bond tax and bond-related
- Unit bond tax and bond-related project information. Passage of House Bill 103: 29 ayes, 2 nays.
Bills:
SB393, SB731, SB801, SB867, SB1232, SB1798, SB2082, SB2717, SB2919, SB3074, HJR133, HB2, HB18, HB24, HB26, HB35, HB43, HB49, HB75, HB103, HB120, HB126, HB143, HB163, HB180, HB216, HB413, HB647, HB700, HB748, HB851, HB1422, HB1445, HB1481, HB1545, HB1562, HB1586, HB1732, HB1828, HB1851, HB1916, HB1991, HB2014, HB2026, HB2038, HB2067, HB2193, HB2282, HB2293, HB2310, HB2464, HB2508, HB2516, HB2518, HB2524, HB2530, HB2674, HB2713, HB2715, HB2974, HB3016, HB3057, HB3062, HB3071, HB3120, HB3161, HB3180, HB3214, HB3234, HB3250, HB3463, HB3512, HB3556, HB3627, HB3680, HB3732, HB3801, HB3824, HB3833, HB3966, HB4044, HB4129, HB4226, HB4230, HB4263, HB4377, HB4384, HB4395, HB4396, HB4535, HB4668, HB4690, HB4751, HB4903, HB5033, HB5149, HB5154, HB5247, HB5331, HB5436, HB5667, HB5688, HB5693, HCR9, HCR40, HCR59, HCR127, SJR5, SB3, SB4, SB9, SB20, SB21, SB23, SB27, SB33, SB34, SB36, SB38, SB40, SB75, SB213, SB269, SB379, SB458, SB528, SB647, SB648, SB650, SB681, SB740, SB777, SB840, SB843, SB924, SB1061, SB1120, SB1121, SB1150, SB1188, SB1198, SB1202, SB1253, SB1318, SB1333, SB1398, SB1405, SB1423, SB1448, SB1535, SB1566, SB1574, SB1621, SB1709, SB1723, SB1789, SB1862, SB2037, SB2078, SB2268, SB2405, SB2406, SB2407, SB2544, SB2570, SB2601, SB2778, SB1, SB17, SB260, SB509, SB1506, SB1637, SB1833, SB2155, SB2308, HB2525, SB1538, SB1749, SB2603, SB3038, SB3062, SB3065, HB24, HB128, HB216, HB388, HB519, HB609, HB685, HB766, HB1237, HB1314, HB1445, HB1458, HB1522, HB1592, HB1606, HB1612, HB1633, HB2011, HB2025, HB2061, HB2259, HB2273, HB2358, HB2421, HB2434, HB2464, HB2518, HB2563, HB2637, HB2697, HB2713, HB2791, HB2856, HB3114, HB3126, HB3161, HB3233, HB3395, HB3424, HB3487, HB3505, HB3510, HB3597, HB3745, HB3803, HB3804, HB3806, HB4224, HB4310, HB4396, HB4738, HB4945, HB5084, HB5155, HB5180, HB5667, HB5686, HCR9, HCR10, HCR135, HCR142, SJR36, SJR50, SJR63, SCR12, SCR39, SB2023, SB62, SB666, SB847, SB284, SB854, SB810, SB1505, SB583, SB507, SB1434, SB1772, SB2016, SB1122, SB731, SB397, SB508, SB1436, SB287, SB1882, SB393, SB1791, SB209, SB2429, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB1200, SB1845, SB2458, SB801, SB3014, SB3013, SB758, SB2797, SB2076, SB2876, SB1640, SB1449, SB1181, SB1234, SB2926, SB2841, SB1528, SB1854, SB317, SB1250, SB2082, SB1237, SB2819, SB629, SB2608, SB1602, SB2009, SB867, SB640, SB1698, SB2680, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB2334, SB1367, SB2044, SB2363, SB2565, SB1888, SB3036, SB3057, SB3043, SB3063, SB3035, SB203, SB2688, SB2522, SB2459, SB2655, SB2251, SB1884, SB2928, SB2566, SB1749, SB2549, SB2553, SB2919, SB1944, SB1232, SB1798, SB2603, SB2607, SB2683, SB1319, SB3038, SB3045, SB1538, SB3071, SB3065, SB3062, HJR133, HB2715, HB3627, HB5033, HB2282, HB26, HB388, HB1633, HB685, HB1606, HB1458, HB2791, HB2061, HB647, HB4738, HB2563, HB128, HB766, HB2259, HB2358, HB4384, HB748, HB5180, HB3806, HB3804, HB3803, HB1522, HB3597, HB1612, HB4224, HB1314, HB1237, HB3126, HB2856, HB3114, HB3505, HB5652, HB2025, HB3395, HB18, HB2516, HB2713, HB24, HB519, HB609, HB1592, HB120, HB2421, HB2273, HB2464, HB5084, HB4396, HB43, HB5686, HB2518, HB4310, HB180, HB3745, HB4044, HB5155, HB5667, HB1445, HB1306, HB2637, HB5436, HB3966, HB2026, HB3487, HB4226, HB216, HB49, HB4112, HB3233, HB2310, HB2674, HB322, HB1481, HB126, HB3062, HB3180, HB2530, HB2524, HB1916, HB5650, HB4894, HB3120, HB1629, HB103, HB3234, HB3680, HB5698, HB3171, HB5693, HB2694, HB5664, HB3732, HB2508, HB2293, HB1991, HB2014, HB5331, HB5247, HB4751, HB4690, HB4668, HB4464, HB4395, HB4063, HB3833, HB3623, HB3214, HB3512, HB3250, HB3016, HB2520, HB2221, HB2213, HB3824, HB2067, HB1732, HB1562, HB700, HB1545, HB252, HB146, HB5596, HB1851, HB3619, HB3071, HB3556, HB851, HB4230, HB5320, HB5651, HB5670, HB5665, HB5437, HB5679, HB5699, HB5661, HB5662, HB5654, HB5672, HB5656, HB5149, HB4903, HB4743, HB4666, HB4377, HB4535, HB4129, HB3812, HB3801, HB3595, HB3057, HB2035, HB721, HB35, HB346, HB2974, HB2512, HB5695, HB5694, HB5671, HB5674, HB5688, HB1586, HB5154, HB2038, HB163, HB413, HB3463, HB3185, HB2761, HB2593, HB2348, HB2073, HB1828, HB1422, HB75, HB1871, HB108, HB2306, HB2017, HB1135, HB144, HB3689, HB5308, HB101, HB2193, HB5666, HB5677, HB5682, HB5680, HB5658, HB5696, HB4144, HB3159, HB3254, HB3866, HB3010, HB4520, HB3642, HB3928, HB3815, HB2686, HB2012, HB1960, HB227, HB654, HB1690, HB2128, HB4158, HB4530, HB4630, HB5659, HB1523, HB2078, HB2427, HB145, HB1973, HB3333, HB3697, HB3546, HB3225, HB3181, HB3133, HB3053, HB2885, HB2820, HB2294, HB2253, HB1661, HB1506, HB1234, HB640, HB621, HB551, HB521, HB493, HB272, HB229, HB223, HB201, HB186, HB119, HB2080, HB2818, HB5394, HB4795, HB4466, HB4454, HB3940, HB3749, HB3151, HB3284, HB1403, HB1106, HB2844, HB2851, HB1500, HB4488, HB4264, HB4, HB4170, HB3909, HB4081, HB4145, HB4157, HB4281, HB4285, HB4463, HB4749, HB4995, HB5081, HB5115, HB5138, HB5624, HB1449, HB3711, HB2598, HB3629, HB4361, HB824, HB1868, HB4848, HB2243, HB40, HB117, HB2313, HB3686, HB500, HB3793, HB112, HB104, HB1056, HB42, HB4486, HB3000, HB100, HB2240, HB718, HB27, HB4904, HB4202, HB2853, HB5129, HB5093, HB4765, HB4748, HB4559, HB4350, HB4214, HB3388, HB3112, HB5196, HB4211, HB3516, HB3092, HB4233, HB4687, HB705, HB1094, HB2037, HB3005, HB3848, HCR141, HCR118, HCR127, HCR40, HCR59, HCR10, HCR135, HCR142, HCR9, HCR76, HCR108, HJR133, HB18, HB35, HB43, HB49, HB75, HB103, HB120, HB163, HB216, HB413, HB647, HB851, HB1422, HB1481, HB1545, HB1562, HB1586, HB1732, HB1828, HB1851, HB1916, HB1991, HB2014, HB2026, HB2067, HB2193, HB2293, HB2310, HB2464, HB2508, HB2524, HB2530, HB2974, HB3062, HB3071, HB3120, HB3180, HB3214, HB3234, HB3250, HB3463, HB3512, HB3680, HB3732, HB3801, HB3824, HB3833, HB4044, HB4129, HB4226, HB4230, HB4377, HB4395, HB4396, HB4535, HB4668, HB4903, HB5149, HB5154, HB5247, HB5331, HB5436, HB5688, HB5693, HB2282, HB2715, HB3627, HB5033, HB2674, HB3556, HCR127, SB3, SB21, SB379, SB1405, SB1538, SB1749, SB3038, SB3062, SB3065, HB24, HB128, HB388, HB519, HB609, HB685, HB766, HB1237, HB1314, HB1445, HB1458, HB1522, HB1592, HB1606, HB1612, HB1633, HB2025, HB2061, HB2259, HB2273, HB2358, HB2421, HB2518, HB2563, HB2637, HB2713, HB2791, HB2856, HB3114, HB3126, HB3233, HB3487, HB3505, HB3597, HB3745, HB3803, HB3804, HB3806, HB4224, HB4310, HB4738, HB5084, HB5155, HB5180, HB5667, HB5686, HCR9, HCR10, HCR135, HCR142, SB2603, HB3395, HB636, HB5655, HB5689, HB5690, HB636, HB5655, HB5689, HB5690
Keywords:
SB 393, Sparks, Middleton, local government, political subdivision, public securities, government debt, municipal bonds, general obligation bonds, certificates of obligation, anticipation notes, debt maturity, weighted average maturity, economic life, useful life, tangible personal property, real property improvements, public finance, Texas Government Code, Chapter 1253
ND
North Dakota 2025-2026 Regular Session
House Appropriations Apr 21st, 2025 at 09:15 am
Appropriations
Transcript Highlights:
- And then Highway 85, which is a bond of $155 million.
- able to the bond payment, which we'll get into further.
- Section 5 authorizes the bonding for Highway 85 of $155 million.
- Section 11 deals with bonding for Highway 85. There's 13 miles.
- of $55 million and $55 million of the bond.
Summary:
The committee met to consider Senate Bill 2012, the Department of Transportation budget, with Representative Brandenburg presenting a detailed House amendment package and Speaker Robin Weisz explaining the overall funding strategy. The discussion focused on restructuring transportation funding streams, including moving Prairie Dog money into a flexible transportation fund, adjusting gas tax distributions, increasing the legacy earnings transfer from 7% to 8%, and authorizing a $155 million bond for Highway 85. Members also discussed DOT operations, bridge funding, rest areas, electronic titling, and the use of funds for grants to counties, cities, and townships. A separate provision would let the DOT consider whether local ordinances or policies unreasonably restrict permitted agriculture or energy projects when scoring grant applications, which drew significant debate about local control and whether the language was punitive.
Testimony from Brandenburg and Weisz emphasized that the plan was intended to provide more predictable funding, preserve the ability to match federal dollars, and direct money where needs are greatest through a grant process. Weisz said the package was designed to simplify multiple revenue buckets, ensure DOT can meet federal match requirements, and free up money for the general fund while still supporting transportation needs. Several members raised concerns about whether cities, counties, and townships would receive as much as under the prior Prairie Dog structure, whether the bridge allocation was correctly reflected in the bill, and whether the local-policy language would penalize subdivisions that oppose energy projects. Supporters argued the state needed to protect revenue tied to energy development and that local governments would still receive distributions plus additional grant opportunities.
The committee adopted the House amendment to SB 2012 by a vote of 19-1-3, then rejected an amendment to remove the local-policy language on a 5-15-3 vote. The committee then passed SB 2012 as amended on a 20-0-3 vote, with Representative Brandenburg designated as the carrier. The chair announced that Senate Bill 2014 would not be taken up at that time and the committee recessed until called back.
ND
North Dakota 2026 1st Special Session
Water Topics Overview Committee Jun 10th, 2026
Water Topics Overview Committee
Transcript Highlights:
- So if they have to raise more than the bond issue allows it.
- So we should manage the cash with some bonding if we could.
- The drinking water program has revenue bonds making up about 79% of that portfolio, and improvement bonds
- And the Clean Water Program has about 70% revenue bonds and 30% improvement bonds.
- I'm not necessarily saying we should have bonded it.
Summary:
The Water Topics Overview Committee met to review several interim studies and receive updates from the Department of Water Resources. The committee approved the March 26, 2026 minutes, observed a moment of silence for the late Representative Conmy, and welcomed Representative Hansen to the committee. Staff then reported that the watershed management study and the stormwater/wastewater study had both satisfied the presentation requirements in their study directives, with no further required testimony unless members wanted additional information.
The department’s main presentation focused on major water projects and agency operations. Reese Haas and staff updated members on the NAWS project, the Southwest Pipeline Project, Devils Lake outlet operations, low-head dam safety work, floodplain management repository implementation, data center water use, and the 2027 Water Development Plan. Members asked detailed questions about NAWS funding sources, remaining project costs, capacity concerns for All Seasons and other users, and whether current construction is being designed for future demand. The department said NAWS remains on track for substantial completion by October, that remaining NAWS funding will come from a mix of federal, state, and local sources, and that current construction is designed for ultimate capacity while some future components will be adjusted for increased demand.
A large portion of the meeting was devoted to the department’s cash management, Resources Trust Fund revenues, carryover balances, and the State Water Commission’s cost-share program. The department reported $340.6 million in carryover remaining, explained that much of it is already obligated to long-term projects, and noted that oil price forecasts and stripper-well exemptions will affect future revenues. Members raised concerns about large carryovers, affordability for local sponsors, and whether the state should continue obligating money multiple bienniums ahead. The department said it is working with the commission on a revised prioritization framework, including high/moderate/low project categories and a two-tier pre-construction/construction approach, to better manage obligations and affordability.
The committee also reviewed Deloitte’s finalized studies on regional governance/finance and cost-share policy. Deloitte presented options for Southwest, NAWS, and Red River governance, with stakeholders generally favoring keeping NAWS largely as is, using the current Southwest model with improvements, and pursuing a more structured governance option for Red River. On cost share, the department said Deloitte’s recommended package would cover projected needs through the 2030s, but would require policy changes such as lower percentages for some project types, a 25% replacement-project rate with a cap, and possible bonding or delayed reimbursement strategies. No votes were taken on these policy questions, and the chair indicated the committee would continue the discussion at future basin meetings and the September Water Topics meeting.
CA
California 2025-2026 Regular Session
Assembly Housing and Community Development Committee Apr 22nd, 2026
Housing and Community Development
Transcript Highlights:
- The bond directs the bulk of the funding to proven programs in California.
- Funds from the last statewide housing bond ran out last year.
- that we've received in previous housing bond issues.
- And California's debt capacity doesn't allow us to do a $100 billion bond.
- And California's debt capacity doesn't allow us to do $100 billion bond.