Transcript Highlights:

• This credit helps close that gap.
• It bridges the gap between discovery... Yes. Okay, so. Okay. Go ahead.
• Trigger bridges the gap between discovery and deployment.
• So that puts this into being regulated by the Mortgage Finance Authority Housing New Mexico.
• And the Mortgage Finance Authority regulates that.

Keywords: 996, all

Transcript Highlights:

• which gives a snapshot of their finances which gives a snapshot of their finances they<00:02:08.920
• <00:25:31.720> basis uh if if a city reports on a gap basis uh if if a city reports on a gap
• have to file with the campaign Finance have to file with the campaign Finance board<00:48:52.839
• opposed all right you are on to finance opposed all right you are on to finance sen<00:52:46.760
• This looks like an ed finance bill.

Keywords: 1187, senate, all

Transcript Highlights:

• We do include some information on public finance authority bonding authorization.
• So when you last met in March, you received updates from the Housing Finance Agency, the Department of
• Agency, the Public Finance Authority, and the North Dakota Mill and Elevator.
• But then the gap net income reported is $231 over $200.
• So, I mean, that probably filled that gap. I'm thinking, but, but we, yeah, we got a problem.

Summary: The committee took roll, approved the March 18 minutes, and then received a compliance-report update on the Industrial Commission and related funds and programs. Staff reviewed the status of one-time appropriations and grant programs, including electric grid resiliency, lignite research, enhanced oil recovery, the Clean Sustainable Energy Authority, the salt cavern business-case study, and the new NDSU research and technology park grant. Members asked about funding balances, reimbursement timing, matching requirements, and how some commitments would affect the State Investment Fund and future biennia. Industrial Commission staff then gave a broader update on the agency’s administrative office, grant management system, leadership transitions at several commission agencies, and active grant rounds. They reported that the grant management system is nearing completion, that several agency leadership searches have concluded, and that the commission’s grant programs currently have 108 active grants totaling more than $165 million. They also described the Clean Sustainable Energy Authority round, the oil and gas research program’s enhanced oil recovery awards, the grid resiliency grants, the salt cavern study, and the research technology park program, noting that some projects are awaiting federal funds or additional matching cash. Ron Ness, speaking for the Oil and Gas Research Council, focused on the state of the oil industry and the enhanced oil recovery “Bakken 2.0” effort. He said production remains steady, but future growth depends on better infrastructure, longer laterals, and new EOR methods such as CO2, natural gas, and surfactants. He emphasized the importance of the Bakkeneast pipeline and related gas-utilization projects, the recent DOE funding that will return some money to the research council, and the need to modernize tax and incentive rules for CO2-based recovery. Members discussed the potential economic benefits for oil, agriculture, and manufacturing. The Bank of North Dakota then presented its compliance report and a broader strategic update. Bank leadership reviewed the bank’s mission, governance, participation lending, student lending, disaster programs, and legislatively directed programs, and said the bank is managing for a flatter deposit base and stronger liquidity because of fintech competition and changing market conditions. They reported improved earnings, with net income rising to about $231 million, and described Rough Rider Coin as a new internal payment rail for North Dakota banks and credit unions, not a public cryptocurrency. Members asked about student loan eligibility, disaster lending, and the bank’s capacity to support state programs while maintaining its balance-sheet and liquidity requirements.

Transcript Highlights:

• So they can't just keep approving new financings up to a billion dollars.
• It's really just the design of the program and the nature of the financing mechanism.
• I did a lot of—I'm not a public finance expert.
• But that still leaves us with the gap under the EOPs.
• We saw there were gaps. I want to make sure we fulfill all those requirements.

Keywords: 1182, all

Summary: The Education Committee met as a committee of reference to complete required sunset reviews and hear a performance audit. Members and staff introduced themselves at the start of the session, and the chair outlined committee procedures, including limits on public testimony and the goal of adjournment by 5 p.m. The committee then heard the sunset review of the Credit Enhancement Eligibility Board. A governor’s office representative explained that the board was created in 2016 to help qualifying schools, mostly charter schools, lower borrowing costs through a credit enhancement fund. He said the board has approved 15 projects, has no dedicated staff or budget, and is now at its statutory leverage limit, so it is mainly monitoring existing obligations. Members voiced support, and the committee voted by voice vote to recommend continuation of the board for 10 years, until July 1, 2036. The committee next reviewed the Western Interstate Commission for Higher Education (WICHE). WICHE leadership described the interstate compact, its student exchange programs for undergraduate, graduate, and professional health care education, and related cost-savings and workforce benefits for Arizona. Testimony emphasized tuition savings for Arizona students, the return of many professional students to practice in Arizona, and the role of the compact in supporting higher education access and workforce needs. Commissioners from Arizona’s Board of Regents and Eastern Arizona College also spoke in support. The committee then voted by voice vote to recommend continuation of WICHE for 10 years, until July 1, 2036. The committee also received the Arizona Auditor General’s performance audit of the Arizona Department of Education school safety program. The audit found that while the program has grown substantially and now funds more than 1,000 school safety positions, ADE did not ensure many sampled schools complied with requirements such as operational plans, safety teams, annual training, activity logs, and expenditure documentation. The Auditor General said the department relied too heavily on written attestations and reduced monitoring as the program expanded, and recommended stronger oversight, written procedures, and better reimbursement controls. ADE’s school safety director responded that the department accepts the findings, has already begun improving monitoring, and is moving to require uploaded documentation and more risk-based reviews; he also said the department will seek additional staffing and will meet with the Auditor General and ASU to strengthen evaluation of the program. Finally, the committee took up House Bill 2142, which would establish a school safety center within ADE, assign it responsibility for administering the school safety program and providing technical assistance, and allow up to 10% of program appropriations for administration. Members discussed whether the bill should also require monitoring of emergency operations plan compliance, better address students with disabilities, and clarify coordination with other state agencies. The sponsor said he planned to offer a floor amendment to make monitoring expectations clearer. The bill was discussed but no final committee action was recorded in the portion provided.

Transcript Highlights:

• Liz May with the Department of Finance.
• Department of Finance.
• Elena Powell, Department of Finance.
• Do you have anything to add, Finance?
• Grace Henry, Department of Finance.

Summary: The Assembly Budget Subcommittee on Education Finance heard an overview of the governor’s new Career Education Master Plan and related budget items. Labor Secretary Knox described the plan as an effort to reduce fragmentation across K-12, community colleges, workforce boards, and other systems by improving statewide and regional coordination, data sharing, skills-based hiring, career pathways, and wraparound supports such as child care, housing, food, and transportation. Members asked how success would be measured, how the plan would serve disconnected youth and adults, and whether the proposed data integration would rely on Cradle to Career; the secretary said it would. The Department of Finance said it was available to answer questions on the education side. The committee then reviewed existing CTE funding and oversight. The LAO, CDE, and Community Colleges Chancellor’s Office described the major ongoing programs, including CTIG, Perkins, K-12 Strong Workforce, and Community College Strong Workforce, and noted that many programs overlap in purpose and administration. Members repeatedly raised concerns about duplication, annual applications and reporting burdens, lack of clear outcome metrics, and whether funding incentives should be better aligned to regional collaboration. CDE and the Chancellor’s Office said they support alignment and dual enrollment, and Finance and CDE said LCFF/local match dollars are part of the funding structure. The committee also discussed child care as a barrier to participation and the need for better tracking of enrollment, completion, and job outcomes. On the consolidated application proposal, Finance proposed a study directing CDE to examine whether three long-standing CTE grant programs—Specialized Secondary Programs, CTIG, and California Partnership Academies—could be streamlined into a single application and reporting process. The LAO supported reducing administrative burden but noted that the largest programs, CTIG and K-12 Strong Workforce, were excluded from the proposal even though districts most often cite them as burdensome. CDE said it did not oppose the study but warned that statutory differences may limit consolidation. Members said the proposal should better address regional coordination, multi-year funding stability, and outcome measures rather than only simplifying paperwork. Finally, the committee heard a proposal for a $5 million ongoing California Education Interagency Council. GovOps said the council would provide a neutral venue for statewide coordination across education and workforce systems. The LAO opposed the proposal, arguing that existing bodies already provide coordination, the proposal does not change agency incentives, and the council would lack authority to implement decisions. Members expressed mixed views, with some supporting a coordinating body and others questioning whether it would differ from past efforts. No votes were taken during the portions summarized here, and the committee indicated it would hold some items open for further discussion.

Transcript Highlights:

• However, as we began to work on this, along with Tanya, we uncovered other serious gaps in the system
• And so SB 373 really takes direct aim at these gaps.
• Credo Gap Busting School and we are in support.
• That is less than filling in the gaps fully.
• I think as chair of the education finance committee, obviously looking always for ways to try and not

Keywords: 988, house, all

Transcript Highlights:

• [Music] I call this meeting of the House Housing Finance and Policy Committee to order.
• So if we add up this blue and this green, we’re looking at how many loans are financed below 4%.
• looking at how many loans are financed looking at how many loans are financed below below below
• That means more than 2 and 3 outstanding loans are financed below 4%.
• Existing homes are more like $380,000, so there is a $120,000 gap.

Keywords: 1183, house

Transcript Highlights:

• This gap creates a big gap for cities to pay for basic services, and I know I think a couple of our House
• Paul actually has the highest unmet need in the state and the biggest gap between the unmet need and
• <00:03:12.040> The the gap is just widened every year.
• The the gap is just widened every year.
• another bracket to try to fill that gap. another bracket to try to fill that gap.

Keywords: 919, house, all

Summary: House File 4845 was presented as a tax modernization and local aid bill that would adjust Minnesota income tax brackets for inflation, add a new top bracket of 10.85% for high earners, and increase local government aid and county program aid beginning in 2026. Representative Hollins said the bill would strengthen local government funding and require the Department of Revenue to recertify aid distributions. The chair noted the bill would be laid over for possible inclusion in the 2026 tax bill. Supporters, including St. Paul Mayor Melvin Carter? no, Mayor Kelly Her of St. Paul, AFSCME Local 34, and Rebuild Minnesota, argued that cities and counties need more stable revenue to cover rising costs, public safety, human services, and property tax pressure. They said the bill would help local governments meet unmet needs and reduce reliance on property taxes. Opponents from the Minnesota Business Partnership and Minnesota Chamber of Commerce argued the new top rate would hurt competitiveness, talent recruitment, and business investment, especially because many businesses pay through the individual income tax code. Some testifiers also opposed directing more aid to cities that they said restrict housing development, while others urged the committee to address unfunded mandates and fraud instead of raising taxes. During member discussion, Representative Joyce opposed creating another bracket and suggested using cannabis tax revenue instead. Representative Wiener said the state has a spending problem and cited fraud concerns, while Representative Roach questioned whether the bill truly helped greater Minnesota and noted the current LGA appropriation is just over $644 million. Representative Hollins responded that the proposal would mostly benefit greater Minnesota by shifting more of the tax burden to high earners in the metro area. No vote was taken; the bill was laid over for possible inclusion in the 2026 tax bill.

Transcript Highlights:

• The hour at 1:00 having arrived, I will call the meeting of the House Agriculture Finance and Policy
• in seven decades about Farm Finance in seven decades there's<00:26:16.000> a<00:26:16.080>
• This funding supports the challenge grant and has allowed us to close the gap on program cost between
• <00:36:44.400> on has allowed us to close the gap on has allowed us to close the gap on program
• available um some other interesting gaps available um some other interesting gaps that<01:36:48.320

Bills: HF711, HF653

Keywords: agriculture, agricultural education, leadership development, Minnesota Agricultural Education and Leadership Council, MAELC, chapter 41D, grant funding, general fund appropriation, commissioner of agriculture, farm education, youth agriculture programs, ag literacy, workforce development, extension education, research funding, extension services, technology transfer, grant programs, 1183, house

Transcript Highlights:

• House File 2566 is re-referred to the State Government Finance and Policy Committee.
• House File 2566 is re-referred to the State Government Finance and Policy Committee.
• This proposal modernizes HMOs to align with insurance practice and close regulatory gaps.
• en closes regulatory regulatory gaps en closes regulatory gaps<00:15:59.800> it<00:15:59.959>
• Members of the House Commerce Finance and Policy Committee, my name is Michael Swanson.

Bills: HF2543, HF2566, HF2627

Keywords: garnishment, wage garnishment, earnings levy, bank levy, execution, judgment debtor, judgment creditor, exemption notice, exempt property, bank account freeze, financial institution levy, employer disclosure, garnishee, writ of execution, debt collection, consumer debt, collections, bankruptcy exemptions, public benefits, means-tested benefits

Transcript Highlights:

• welfare professionals The work group will be made up of child welfare professionals to identify current gaps
• in child welfare policy and provide suggestions as to how we can close those gaps.
• The bill also requires DCF to contract for a bed capacity study for residential treatment and a gap analysis
• need folks on the ground in these communities with the skills and technical expertise to bridge the gap
• We have Ken Pruitt, waving in support, representing the Florida Association of Local Housing Finance

Summary: The Committee on Fiscal Policy met and first considered CS/SB 7012 on child welfare, presented by Senator Graal. The bill addressed three areas: child welfare workforce shortages, higher-acuity children in out-of-home care, and services/data for commercially sexually exploited children. It would create a CPI and case manager recruitment program aimed at former public safety and service workers, convene a workforce work group, establish a four-year treatment foster care pilot in two judicial circuits identified by DCF based on removal and placement data, and require more detailed, extractable child-level data on commercially sexually exploited children along with a bed capacity study and service gap analysis. Two amendments were adopted: one clarified record retention for redacted assessments, and another attached the appropriation. The committee then heard CS/SB 110 on rural communities from Senator Simon. The bill proposed a broad rural development package, including a state office of rural prosperity, a Renaissance grant program for counties with declining populations, increased housing support, major rural road funding, school consortium funding, and additional health care resources for rural facilities and training. A delete-all amendment was adopted that expanded and refined several provisions, including local sales tax trust fund distributions, county connectivity projects, agritourism marketing support, disaster-impacted rural infrastructure eligibility, insurance and provider eligibility changes, and increased funding for critical access hospitals and rural medical education reimbursement. Both bills drew broad support from local government, education, health care, housing, and rural advocacy representatives. Supporters said the rural bill was especially comprehensive and would help small counties, schools, roads, housing, and health care, while one witness cautioned that road expansion should be balanced with protection of agricultural and natural lands. Senator Bradley and Senator Simon emphasized local control and the importance of strengthening rural Florida without imposing mandates. CS/SB 7012 and CS/SB 110 were both reported favorably, and the committee then adjourned.

Transcript Highlights:

• The RFA beginning farmer loan program helped us kind of fill the gap there.
• :44.720> the Loan program helped us kind of fill the Loan program helped us kind of fill the Gap
• 00:04:46.759> after<00:04:47.039> we<00:04:47.880> after<00:04:48.080> I Gap
• there um and after we after I Gap there um and after we after I participated<00:04:48.759> in
• Minnesota Farm Bureau supports funding for the Rural Finance Authority.

Keywords: 1183, house

Transcript Highlights:

• in our committee finance bill. in our committee finance bill.
• ,<01:24:35.280> and Committee on Judiciary, Finance, and Committee on Judiciary, Finance,
• ,<01:24:49.480> and Committee on Judiciary, Finance, and Committee on Judiciary, Finance,
• on Judiciary Finance and Civil Law.
• Thanks Judiciary Finance and Civil Law.

Bills: HF1660, HF1824, HF1926, HF1002, HF994, HF1915, HF1336

Keywords: children, youth programming, needs assessment, community engagement, state funding, education, funding, school districts, state budget, rural schools, food support, Greater Minneapolis Council of Churches, food shelves, grant funding, Minnesota FoodShare, early childhood, Head Start, education funding, developmental programs, literacy

Transcript Highlights:

• So there's a huge workforce gap right now.
• Workforce gap of that amount in this region, which is huge.
• Levels, but we still have a gap in the earlier stages, especially if we want people to enter the job
• But there are five or six of us who are on legislative committees, finance committees.
• Under the Legislative Finance Committee and under Economic Development and something else.

Transcript Highlights:

• Implementation, it creates that task force to study the best methods for financing and administrating
• baby bonds will address the other side of the poverty equation, and that's the generational wealth gap
• pursue a fulfilling, productive, prosperous, and self-directed life, and income inequality creates gaps
• This bill is a real opportunity to close those gaps, foster generational wealth with funds growing over
• These investments in New Mexico's children would alleviate racial racial income gaps.

Transcript Highlights:

• I call this meeting of the Committee on Housing Finance and Policy to order.
• <00:21:41.120> this<00:21:41.240> morning<00:21:41.480> and government Finance
• this morning and government Finance this morning and sadly<00:21:42.159> representative<00:21
• House File 1987, I move to refer House File 1987 to the Elections and Finance and Government Operations
• <00:30:35.960> in<00:30:36.080> terms<00:30:36.320> of had a 50,000 unit Gap

Keywords: 1183, house

Transcript Highlights:

• April 27th Senate Finance Committee meeting.
• Finance Committee. Go ahead. Finance Committee. Go ahead. >> Uh<00:51:58.160> Mr.
• um bill as it left uh E12 Finance um bill as it left uh E12 Finance Committee.
• <01:14:53.800> Other supplemental finance bill. Other supplemental finance bill.
• Education finance is not easy.

Keywords: 1187, senate, all

Transcript Highlights:

• Mick Campbell is the commissioner for the Division of Finance.
• But then you find that gap. But then you find that gap.
• Page 41 is our Division of Finance.
• Mick Campbell, commissioner of the Division of Finance.
• This is for the Division of Finance.

Keywords: 959, house, all

Transcript Highlights:

• But I'll give you a quick rundown of the finance, and I'll talk about the policy of the finance provisions
• While we made great progress in the 2324 session in both finance and policy, there's still more to do
• We're in an imperfect world, trying to negotiate a very complicated education finance bill.
• I think that's really how we should be doing policy up here and finances.
• One time I was the education finance co-chair. Now, I can't raise taxes in our committee.

Bills: HF1049

Keywords: school library aid, education finance, school districts, charter schools, funding eligibility

Transcript Highlights:

• Florida faces gaps every year in the cybersecurity workforce due to lack of job readiness and time to
• Second, all financing terms have to be disclosed before the sale of the animal.
• Third, if the consumer is financing the purchase, there's a three-day waiting period so the buyer can
• Pet stores and only those who sell unhealthy pets with deceptive financing, and that is the bill.
• The department's enforcement is limited by ambiguities, gaps, and inconsistent interpretations.

Summary: The Committee on Commerce and Tourism considered a series of bills affecting tax policy, workforce development, business regulation, consumer protection, rural development, and artificial intelligence. SB 1076 would raise Florida’s research and development tax credit cap from $9 million to $50 million beginning with the 2027 allocation, and it was reported favorably. CS/SB 1266 would create a cybersecurity experiential internship and clearance-readiness program with the Department of Commerce and Cyber Florida; an amendment removed an appropriation from the bill, and the committee reported it favorably. SB 554, a broad update to Florida’s not-for-profit corporation law, was also reported favorably after supportive testimony from Florida Bar representatives. SB 1004, aimed at protecting buyers of dogs and cats from deceptive sales and predatory financing practices, received strong support from animal welfare advocates and was reported favorably. SB 1074, which provides rounding rules for cash transactions if pennies are unavailable, was likewise reported favorably. SB 214, expanding the rural community definition to include special districts in rural counties for economic development purposes, was reported favorably. SPB 7030, a public records exemption tied to Department of Legal Affairs investigations, was adopted as a committee bill and favorably reported. The committee also heard extensive discussion on SB 998, the Department of Commerce package. The bill would modernize the Florida Small Cities Community Development Block Grant program, clarify rural community eligibility for certain unincorporated areas, exempt military entities from a reverter clause on land conveyances, and revise E-Verify enforcement procedures. Members questioned the E-Verify provisions, including penalties, protections for workers incorrectly flagged, and the treatment of gig workers. Senator Smith opposed the bill, arguing it creates unequal treatment between employers and immigrant workers, while Senator Wright supported the military-related provisions. Despite the debate, SB 998 was reported favorably, with Senators Bracy Davis, Smith, and Errington voting no. The committee also took up SB 482, an “Artificial Intelligence Bill of Rights” that would create consumer protections for companion chatbots, require parental consent and access for minors, mandate periodic disclosures that users are interacting with AI, restrict certain uses of personal data and likenesses, and give the Attorney General enforcement authority. The bill drew both support and criticism: supporters emphasized child safety, transparency, and consumer protection, while opponents raised concerns about privacy, broad definitions, lack of audit mechanisms, and the absence of a private right of action for adults. Senators Smith and Davis urged clearer definitions and stronger accountability, but both said the bill was a starting point. The committee reported SB 482 favorably. The meeting ended with recorded affirmative votes requested by Senators Yarbrough, Wright, and Davis on selected tabs, and the committee adjourned.