Video & Transcript : 'backlog of repairs' :
Page 419 of 500
LA
Louisiana 2026 Regular Session
Transportation, Highways and Public Works Apr 27th, 2026
Transcript Highlights:
- set of amendments.
- of the bridge.
- of the state.
- Jack was a proud graduate of Pleasant Hill High School, class of '66.
- Walker, the city of Denham Springs, the town of Livingston, and DOTD, to The city of Denham Springs,
Summary:
The House Transportation Committee met on Monday, April 27, and took up a series of Senate bills and resolutions, most of them memorial highway designations or prestige license plate measures. The committee first adopted amendments and reported Senate Bill 122, which directs the Department of Transportation and Development to plan, maintain, and report on bridge conditions statewide, with a focus on proactive bridge maintenance and public reporting. Members also reported favorably SCR 6 supporting an LNG facility at Port Fourchon, SCR 18 directing a study of commercial driver licensing privileges compared with neighboring states, and SB 50 naming the Bayou DeLarge Basque Bridge as the Elwood T. Brady Jr. Memorial Bridge.
The committee then approved several memorial and honorary measures, including SB 70 for Officer Mark Brock Memorial Highway, SB 96 creating a Fallen Heroes prestige license plate, SB 460 naming a highway for Hayden Lane Mangum, SB 24 designating Interstate 49 as the Senator J. Bennett Johnston Jr. Memorial Highway, SB 101 naming highways for Daniel Edward Didillo and Bill Blue Evans, SB 160 naming the Speaker Joe R. Salter Memorial Highway, SB 418 naming the Dick and Jacques Schuford Memorial Highway, SB 114 creating a prestige plate for the Foundation for Moral Law, SB 103 and SB 159 naming Franklin Parish highways, SB 412 naming a portion of Highway 13 for Roy Chaffin, SB 182 naming a highway for Mayor Billy Cobb, SB 104 naming the Ernest J. Gaines Memorial Highway, and SB 2 naming the Falcons Band Highway. Most of these items were reported favorably without objection after brief testimony from authors, family members, or supporters.
One measure drew more discussion: SB 19, which changes the name and design of the state employee retired prestige license plate and redirects proceeds to a private nonprofit associated with retired state employees. Representative Schlegelhorn objected, but after testimony that the organization is a tax-exempt nonprofit funding scholarships and that no money had previously gone to LASERS from the plate, the committee adopted a motion to report the bill favorably by a 13-1 vote. The committee also adopted amendments to HCR 69, which urges DOTD to improve Interstate 12 in Livingston Parish with attention to drainage, flood risk, and evacuation resilience, and then reported it favorably. HCR 63, creating a task force to study whether certain active-duty military personnel can operate federally owned vehicles on state highways without civilian licenses, was also reported favorably. The meeting ended after the agenda was cleared and a motion to adjourn was made.
TX
Transcript Highlights:
- So adult smokers, 9 out of 10 adult smokers started well before the age of 18.
- of the bill.
- of get on that train.
- In August of 2024, the city of Conroe identified a water capacity issue.
- I'm the CEO of the Texas Association of Builders. I appreciate all of you hearing this bill.
Bills:
SB 32 , SB 464 , SB 996 , SB 1163 , SB 1173 , SB 1277 , SB 1452 , SB 1453 , SB 1548 , SB 1882 , SB 1883 , SB 2016
Committee:
Senate Local Government
Keywords:
ad valorem taxation, tax exemption, franchise tax credit, income production, personal property, SB 464, school buffer zone, tobacco retailer, vape shop, e-cigarette, vaping, nicotine, tobacco products, retail permit, comptroller, Class A misdemeanor, school proximity, youth access, public school, private school
FL
Florida 2026 4th Special Session
January 27, 2026 - 03:00 PM
Transcript Highlights:
- A lot of them, it's an issue a lot of folks have talked about for some time in terms of whether to restore
- These are huge, powerful entities, and they make billions of dollars of profit.
- These are huge, powerful entities, and they make billions of dollars of profit.
- OF THE STATUS QUO.
- One is sharing some of those rebates and negotiated savings, which are up to half of the cost of medicines
Summary:
The committee first took up CS/House Bill 981, which would restore the Ocklawaha River and related natural resources. Supporters, including environmental groups, Save the Manatee Club, business owners, and Reunite the Rivers advocates, argued the bill would improve manatee habitat, fish passage, flood protection, tourism, and long-term economic returns while reducing dam maintenance costs. Opponents and skeptics focused on concerns about water quality, nutrient loading in the St. Johns River, loss of the Rodman Reservoir’s habitat and water-supply value, and potential ecological and economic harms. Members in debate largely supported the restoration effort, and the bill was reported favorably on a unanimous vote.
The committee then heard HB 697, the PRICE Act, which would use international reference pricing to set a drug cost benchmark, address pharmacy benefit manager practices, and require health plans to keep drug prices stable for the year. The sponsor said the bill would lower costs and improve access, especially for uninsured Floridians. Supporters, including independent pharmacists, argued PBMs are squeezing pharmacies and that the bill could help lower prices. Opponents from BioFlorida and PhRMA warned the proposal could disrupt the national drug supply chain, fail to pass savings to patients, and lead to shortages, reduced access, and less innovation. After debate, the bill passed favorably, with Rep. Chambliss voting no.
The committee also considered CS/HB 1081, which was amended to include private colleges and universities with NCA designation in the program. After brief discussion and support from United Way Miami, the committee reported the bill favorably. Finally, CS/HB 177 was introduced as a framework for Florida’s regional councils to cross-assign bills among regions; it received supportive testimony and was also reported favorably. The meeting then adjourned.
FL
Transcript Highlights:
- Many have little awareness of danger, and those who elope face much higher risk of drowning.
- Proponent of the bill, you are recognized. proponent of the bill, you are recognized.
- school board members to realize the importance of the job of the guidance counselor.
- school board members to realize the importance of the job of the guidance counselor.
- There's not enough of them.
Committee:
House Education & Employment Committee
Summary:
The Education and Employment Committee heard and voted on several education-related bills. HB 129 on Florida Virtual School was presented as a cleanup bill responding to audit-related statutory updates; it would remove priority language, allow all Florida students and eligible overseas military dependents access, clarify teacher employment/retirement status, permit local schools to administer required exams, and authorize direct support organizations. The bill drew support from Seminole State College and Florida Virtual School and was reported favorably 15-0.
HB 423 on student elopement, sponsored by Reps. Eskamani and Tramont, would require schools to establish safety teams and procedures to prevent and respond to elopement by students with autism or similar needs. Testimony from the Autism Society of Greater Orlando and a student advocate emphasized safety risks and the need for clear school protocols. Members spoke strongly in support, and the bill passed unanimously 16-0. CS for CS for HB 753 on school counselors removed two certification barriers, kept the master’s degree requirement, and aligned evaluations with Florida school counseling standards; school counselor groups and several members argued it would help address counselor shortages and workload issues. It also passed unanimously 16-0.
The committee also approved CS for CS for HB 1253, which would let school-employed coaches use up to $15,000 per team per year of personal funds to support student-athletes with items like food, transportation, therapy, and rehabilitation, with an amendment requiring written parental consent. Several members raised concerns about liability, fairness, and guardrails, but the bill passed 17-0. PCS for CS for HB 833 on private school facilities would allow small private schools of 150 students or fewer to locate in commercial or mixed-use zoning without rezoning and to use certain existing buildings if fire and life-safety standards are met; members discussed traffic, school zones, and proximity to dispensaries, and it passed 15-0. PCS for CS for HB 1325 on the Linking Industry to Nursing Education Fund clarified matching contributions, allowed use of funds for expansion or modernization of existing space, and permitted two-year awards; it passed 16-0. Finally, CS for HB 1437 on conversion charter schools created dispute-resolution options over facility maintenance and, via amendment, allowed capital outlay funding if the charter assumes full maintenance responsibility; despite some opposition, it passed 13-3. The committee then adjourned.
MN
Minnesota 2025-2026 Regular Session
Minnesota’s Healthcare Needs – Senator Liz Boldon Mar 31st, 2025
Minnesota Senate Floor Meeting
Transcript Highlights:
- The shortage of healthcare workers isn't necessarily due to a lack of interest from job seekers.
- And so, any one of us could this.
- of the state<00:05:05.520><c> too.
- of medical debt.
- of a continuation of this uh is a sort of a continuation of the<00:06:55.039><c> the</c><00:06:55.360
TX
Transcript Highlights:
- The rain event dropped another 5 inches of rain across the county, and emergency repair work that had
- So we were in that cycle. of spending 80% of our money helping to make repairs on equipment that just
- you know Out of sight out of mind.
- of the Republic of Texas.
- But the aftermath of all of this, the aftermath of disaster in general, of mass shootings, of whatever
TX
Transcript Highlights:
- The rain event dropped another five inches of rain across the county, and emergency repair work that
- We're gonna send assessors down, and we're gonna value if your house was, if the cost of repairs of your
- home is 50% more than the value of your home... ...if the cost of repairs of your home is 50% more than
- spending 80% of our money, you know, helping to make repairs on equipment that just continued to break
- spending 80% of our money, you know, helping to make repairs on equipment that just continued to break
Summary:
The joint Senate and House disaster preparedness and flooding hearing opened with quorum calls, prayer, testimony time limits, and remarks from legislative leaders emphasizing decorum, respect, and the goal of learning from the July 4 flood to prevent future loss of life. Lieutenant Governor Dan Patrick and Speaker Dustin Burrows said the special session and hearings were intended to hear directly from local officials and residents, and that the state would pursue immediate and longer-term legislation and continue working beyond the current session. The committee then heard invited testimony from Kerr County, Kerrville, Kendall County, Real County, and the Upper Guadalupe River Authority, followed by member questions.
Kerr County Judge Rob Kelly, Sheriff Larry Leitha, and emergency management coordinator William B. Thomas described the flood as a sudden, unprecedented event that overwhelmed local systems before many officials or residents understood the danger. They said the county received multiple National Weather Service and IPAWS alerts, but the rain fell in remote upstream areas with limited gauges, and the flood rose too quickly for normal response. They detailed the emergency response, including dispatchers handling heavy call volumes, deputies and volunteer firefighters conducting rescues, and state and federal partners assisting. County officials said 108 people died, including 37 children, and two remained missing. They called for better real-time flood detection, stronger rural emergency management resources, improved broadband and cell coverage, and more funding for swift-water rescue and warning systems.
Kerrville Mayor Joe Herring and City Manager Dalton Rice said the city had floodplain rules, emergency plans, and prior preparedness efforts, but the event exposed gaps in communications and regional warning capacity. They urged the Legislature to fund a flood warning system, whether sirens, automated alerts, or a hybrid, and asked for support for predictive weather modeling, broadband expansion, a hazard mitigation fund, and disaster recovery resources. The Upper Guadalupe River Authority said it had long funded gauges and pursued flood-warning and mitigation projects, including a new software-based flood prediction system and possible retention dams, and planned to dedicate reserve funds to feasibility studies and infrastructure improvements.
Kendall County Judge Shane Stolarczyk said his county’s emergency action plan and early alerts helped prevent deaths there, and he recommended easier access to alerting tools, a river-wide warning system, simpler grant applications, and regional coordination. Real County Judge Bella Rubio said rural counties face major challenges because of limited cell service, broadband, staffing, and funding, especially for camps and visitors along the Frio and Nueces rivers, and argued that reliable alert systems should be treated as a necessity, not a luxury. Members asked about the timeline of the flood, low-water crossings, communications failures, sirens, bridges, and funding, and several witnesses said the key lessons were better communications, better warning systems, and more investment in rural flood mitigation and emergency response.
TX
Transcript Highlights:
- much in the way of the alert of the severity of the flooding.
- The rain event dropped another five inches of rain across the county, and emergency repair work that
- And we're going to value if your house was, if the cost of repairs of your home is 50% more than the.
- If your house was, if the cost of repairs of your home is 50% more than the value of your home, which
- So we were in that cycle of spending 80% of our money, you know, helping to make repairs on equipment
Summary:
The joint Senate and House disaster preparedness hearing convened in Kerrville with quorum, public testimony limited to three minutes and invited testimony to 10 minutes. Leaders from both chambers, along with the lieutenant governor and speaker, framed the hearing as an unprecedented joint effort focused on learning from the July 4 flood, honoring victims, and identifying actions to reduce future loss of life. The committee also heard opening remarks about decorum, logistics, and the intent to continue work in future sessions.
The first panel included Kerr County Judge Rob Kelly, Sheriff Larry Leitha, Emergency Management Coordinator William B. Thomas IV, Kerrville Mayor Joe Herring Jr., Kerrville City Manager Dalton Rice, Upper Guadalupe River Authority representative William Rector, Kendall County Judge Shane Stolarczyk, and Real County Judge Bella Rubio. They described the flood as sudden and catastrophic, with Kerr County reporting 108 deaths and two missing. Local officials emphasized that they received no timely warning of the scale of the event, that responders and volunteers acted heroically under extreme conditions, and that communications, cell coverage, and rural emergency resources were strained. Several witnesses said the county’s existing alert systems were limited by geography, sparse broadband, and the speed of the flood.
Testimony focused on possible improvements, including real-time flood gauges and predictive monitoring, stronger rural emergency management staffing and training, better interoperability and alerting tools such as IPAWS, CodeRED, WENS, and sirens, and expanded broadband and radio coverage. Kerrville asked for a flood warning system before next summer and state help for stormwater, floodplain, and disaster recovery funding. UGRA described its past and current flood-warning and mitigation efforts, including gauge funding, a new software-based flood prediction project, and consideration of additional retention dams. Kendall and Real counties highlighted successful or needed alerting and evacuation practices, while also stressing the difficulty of funding and maintaining such systems in small rural counties. Members asked detailed questions about the timeline of the flood response, low-water crossings, communications failures, sirens, bridges, and whether regional consolidation or additional infrastructure could improve future preparedness.
CA
Transcript Highlights:
- County; however, the real impact of these thefts, the actual cost to repair, and the cost of downtime
- Even minor theft causes major service disruptions and creates repair costs ranging from tens of thousands
- Restitution is not limited to the value of the stolen copper; it can include the cost of repair, whatever
- It can include the cost of repair, whatever is reasonable to make the copper owner whole.
- So because of this, I am honored to be here on behalf of all of them.
Committee:
House Public Safety
MN
Minnesota 2025-2026 Regular Session
House Housing Finance and Policy Committee 3/4/25
Housing Finance and Policy
Transcript Highlights:
- For others, the reality is one of escalating costs for monthly dues, special assessments for repairs,
- </c> escalation of legal costs protection of escalation of legal costs protection of basic<00:13:38.000
- </c> requiring 80% of all owners and 80% of requiring 80% of all owners and 80% of all<00:14:44.320><
- </c> one of my favorite adages a pound of one of my favorite adages a pound of prevention<00:20:07.360
- of conditioning approval of prohibition of conditioning approval of development<00:23:46.159><c> on<
Committee:
House Housing Finance and Policy
MN
Minnesota 2025-2026 Regular Session
Committee on Energy, Utilities, Environment and Climate - 03/19/25
Energy, Utilities, Environment, and Climate
Transcript Highlights:
- And so, I don't believe that you fully understand what you're asking for in terms of repair or replacing
- And so, I don't believe that you fully understand what you're asking for in terms of repair or replacing
- And so, I don't believe that you fully understand what you're asking for in terms of repair or replacing
- And so, I don't believe that you fully understand what you're asking for in terms of repair or replacing
- ><c> of</c><00:36:00.560><c> these</c> of repair or replacing many of these of repair or replacing many
CA
Transcript Highlights:
- Chair of the committee and members of the committee.
- of.
- We are 17 miles south of the city of Fresno.
- Ashley Gerhart of Professor of Psychology at the University of Michigan, and Nora Latorre, the CEO of
- Instagram of course launched in October of 2010.
Committee:
House Education
TX
Transcript Highlights:
- Not in terms of a gap of funding. Not a gap of commitment.
- Prior to being the CEO of Teachers of Tomorrow I've been a superintendent of some of the largest school
- We have all of the benefits of each one of those, but that's.
- Two of our buildings need costly air conditioning repairs.
- on electrical. repairs, $70,000 on plumbing, which is a grand total of $1,200,000.
Committee:
Senate Education
Keywords:
instructional materials, public schools, Education Code, adoption, rejected materials, local funds, open educational resources, Texas Education Code, school districts, open enrollment charter schools, funding restrictions, environmental regulation, business compliance, local authority, economic development, state preemption, local control, open education resources, SB 762, Texas public schools
DE
Delaware 2025-2026 Regular Session
House of Representatives Legislative Session - Session 2 - 41st Legislative Day Jun 25th, 2026 at 02:00 pm
Delaware House Floor Meeting
Transcript Highlights:
- for lawful purposes, temporary transfer for lawful purposes, such as repairs or service, or because of
- for lawful purposes, temporary transfer for lawful purposes, such as repairs or service, or because of
- for lawful purposes, temporary transfer for lawful purposes, such as repairs or service, or because of
- day, 365 days a year, but also it's relying on the fact that the amount of days that it takes to repair
- day, 365 days a year, but also it's relying on the fact that the amount of days that it takes to repair
MN
Transcript Highlights:
- However, after a century of use, we are reaching the limits of continued incremental repairs.
- We need support right now because of the aging infrastructure that we're working to repair, all of which
- </c> need of of uh renovation. need of of uh renovation.
- the</c> without approval of the appro- of of the without approval of the appro- of of the proposed<00
- </c> from Public Works of the City of St. from Public Works of the City of St.
Committee:
House Capital Investment
HI
Hawaii 2025 Regular Session
WTL Public Hearing 03-17-2025
Transcript Highlights:
- And if I lose that, we cannot survive because, you know, the cost of repairing water, the transportation
- And if I lose that, we cannot survive because, you know, the cost of repairing water, the transportation
- I do want to commend the Department of... repairing water the transportation repairing water the transportation
- at Kahana, Maui, for the removal of existing emergency sandbags and for the construction, repair, and
- The resolution concerns the removal of existing emergency sandbags and the construction, repair, and
Summary:
The Committee on Water and Land heard SR 18, which asks DLNR to transfer active agricultural land leases to the Department of Agriculture to support agriculture. DLNR, through Don Chang, opposed the resolution, saying the department has already been transferring parcels by mutual agreement and should not be required to transfer lands it does not consent to. Ranchers and agricultural advocates strongly supported the measure, arguing that the lands are active production areas, that partial transfers would undermine ranching operations, and that water infrastructure built by ranchers must be protected. Testimony from the Hawaii Farm Bureau and others emphasized the importance of preserving agricultural land for food production, wildfire management, and long-term ranch viability. Committee members pressed both sides on acreage, specific parcels, and whether negotiations were still ongoing, with DLNR later clarifying that some parcels remain under negotiation and that some proposed transfers have been narrowed or adjusted.
Several specific ranches and parcels were discussed, including Batello, Diamond B, Delo, Nobriga, and Kapala Ranch. Witnesses described the operational importance of water systems, grazing areas, and access routes, and said that losing productive acreage would threaten business viability. Some members expressed concern that the proposal appeared to transfer productive land while leaving less useful land with ranchers, and urged the department to continue transparent negotiations and consider the practical impact on agriculture and conservation. A DLNR representative said some transfers were tied to other needs, such as transportation mitigation, and not to a broader effort to take more land. The Department of Agriculture later stated it supports the intent of the measure, but suggested its concerns would likely be addressed if the resolution were narrowed to the specific parcels at issue.
The chair also announced that the related House bill on the same subject remains alive and will be heard by Water and Land on Thursday. After concluding SR 18, the committee moved on to SCR 51 and SR 33, which seek a working group to evaluate establishing and administratively placing an Office of Resilience and Recovery. The Office of Planning and Sustainable Development indicated support for the concept, noting the office’s value in Maui wildfire recovery efforts.
MN
Minnesota 2025-2026 Regular Session
Minnesota House Republican school safety package stalls in committee 4/14/26
Transcript Highlights:
- would</c> list of what half of the committee would list of what half of the committee would like<00:
- more kind of stark image of a kid more kind of stark image of a kid saying,<00:35:44.480><c> "I'm</c
- One of the kind of reverberating school.
- Three days is a lot of time out of the classroom.
- > of</c> the support of the well-being of the support of the well-being of everyone<00:54:56.600><c>
Summary:
The committee heard House File 3493, the Safe Schools Revenue Increase bill, and first adopted the DE amendment before moving the bill on for re-referral to Ways and Means. Representative Lawrence described the bill as a multi-layered school safety package for all students and schools, including public, nonpublic, charter, and tribal schools, with increased safety funding, mental health support, anonymous threat reporting, school safety plans, and student discipline changes. Several supporters emphasized the need for flexible safety funding and cited real-world safety concerns, including anonymous tip systems that had generated many reports, classroom evacuations, staff injuries, and the need for more resources for mental health and safety infrastructure. Some supporters, including charter school leaders and Catholic Conference testimony, argued the bill’s flexibility and broader safety approach were important, while others supported the K-3 suspension language as a needed tool in severe cases.
Opponents focused heavily on the bill’s repeal of Minnesota’s K-3 suspension ban and non-exclusionary discipline requirements. Legal aid, disability advocates, and education groups argued that suspensions harm young children, worsen disparities, and disproportionately affect students of color and students with disabilities, and they urged the committee to keep restorative and non-exclusionary practices in place. Disability advocates also asked that any safety planning explicitly account for students with disabilities and that the bill remain aligned with IDEA protections and individualized education decisions. Several testifiers opposed using public funds for private schools, saying public money should stay in public programs.
Other testimony came from school administrators and staff who supported restoring limited suspension discretion, describing serious elementary incidents, classroom evacuations, and injuries that they said required a short-term removal option to stabilize classrooms and plan for students’ return. Mental health and school support personnel witnesses stressed that safety and mental health funding should remain distinct and that more counselors, social workers, and related staff are needed to address student crises. No final vote on the bill itself was taken in the portion provided beyond adoption of the DE amendment and the motion to re-refer the bill.
NH
New Hampshire 2025 Regular Session
House Transportation (03/04/2025)
Transcript Highlights:
- On the face of it, this bill provides a good service to repair shops, restoration shops.
- ><c> many</c><00:35:40.079><c> of</c><00:35:40.280><c> which</c> reasons none of which inv many of which
- </c><01:11:56.480><c> Hampshire</c> language of the State of New Hampshire language of the State of New
- /c> they're getting out of the way of what they're getting out of the way of what what<01:48:26.080><
- This section of it was probably the most difficult part of the language that I wrote, but a lot of people
Summary:
The Transportation Committee met in executive session on several House bills. HB 212, allowing a 180-day operation waiver when a vehicle fails an emissions test, was retained at the sponsor’s request for possible modifications. HB 249, which would have let bicyclists treat stop signs as yields and stop lights as stop signs, was recommended inexpedient to legislate (ITL) by a 9-7 vote, with a minority report expected.
The committee then retained HB 298, creating an exception for removing VIN tags from pre-1981 vehicles when needed for repair or restoration, by a 15-1 vote. HB 411-FN, making handheld device use while driving a secondary offense, was recommended ITL by consent after members argued the current primary-offense law is more effective for enforcement and safety.
On HB 414, which would have barred DMV license suspensions based on debts owed to private towing or storage companies, the committee rejected ITL and instead retained the bill 16-0 after members split over whether the current law unfairly ties driving privileges to private debt collection. HB 441, addressing visible diesel emissions and “rolling coal,” was recommended ITL 16-0 because members said the conduct is already illegal under existing state and federal law. The committee then took up HB 461, concerning Department of Safety and DMV training and testing materials, where members debated whether driver testing should be limited to English and whether multilingual materials are a safety necessity or discriminatory; the transcript cuts off before a final vote is shown.
FL
Florida 2025 Regular Session
February 13, 2025 - 09:00 AM
Transcript Highlights:
- list of projects to the Board of Governors.
- well, regardless of the age and size of the institution.
- That's a function of the size of our institution.
- to the existence of the Board of Governors.
- We did have a lot of problems, and there still is a backlog of construction projects because of those
Summary:
The Higher Education Budget Subcommittee met to hear an overview of State University System finances from the Board of Governors and detailed budget presentations from Florida State University, the University of Central Florida, and the University of North Florida. The witnesses explained how university budgets are organized into fund categories such as education and general, contracts and grants, auxiliaries, local/designated funds, capital projects, and component units such as direct support organizations. They also described carry forward funds, the statutory reserve and spending-plan requirements, the PICO/HECO capital outlay process, and how universities use investment accounts, audits, and board oversight to manage restricted and unspent funds. The universities emphasized that most operating dollars are restricted to specific uses and that state support helps keep tuition low.
Members asked about differences in funding levels among institutions, especially why FSU receives more funding than UCF despite lower enrollment. Officials said preeminence funding, performance funding, and special legislative appropriations explain much of the difference, and the Board of Governors noted that Florida now has four preeminent universities, with UCF nearing that status. Questions also focused on what happens to unspent carry forward money, how it is invested, and whether the Board of Governors or Legislature can require funds to be returned; officials said the money is invested conservatively, subject to board and audit oversight, and can roll forward under a detailed spending plan, though the Legislature can change funding levels. The committee also discussed capital projects, with members asking about delays, inflation, and whether more projects should be phased or funded faster; witnesses said PICO funds remain with the state until needed and are reimbursed as construction proceeds.
A substantial portion of the discussion covered athletics, research, student fees, and endowments. The universities said athletics is generally expected to be self-supporting, though limited use of auxiliary or carry forward funds may be allowed for projects benefiting the broader student body. They also described the financial pressures from name, image, and likeness changes and new NCAA-related costs, and said institutions are planning for those changes now. On research, the universities explained sponsored research funding, indirect cost recovery, compliance obligations, and tech transfer, but did not provide specific commercialization revenue figures and said they would follow up. Members also asked about student fee increases, student input, counseling and wellness funding, and how housing costs affect affordability; the universities said student committees and boards review fees, and aid packaging is intended to keep student debt low. Endowments were described as being held in separate foundations/DSOs with independent investment committees and used mainly for scholarships, faculty support, and research.
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Jun 26th, 2025
Transcript Highlights:
- of State.
- the number of polling locations, regardless of the type of election occurring.
- You can get rid of like a whole host of these.
- Uh, primarily because of their inspections of emitting sources of pollution.
- , of the performance of the stock market.