Transcript Highlights:

• assess appropriate fees three to provide<00:05:17.039> sufficient<00:05:17.600> capacity
• for the positions and then they allocate for the positions and then they allocate the<00:21:27.159
• Just one question: you folks collect admin fees and you collect penalties and fees.
• Do you use some of that for some of the work that you need to have done for fees?
• <00:54:18.880> in if you folks have anything allocated in if you folks have anything allocated

Keywords: 912, senate, all

Transcript Highlights:

• And that is a fee for service.
• Fee and then we always go above it and then we invoice accordingly. So it's fee for service.
• , timber harvest fees, et cetera.
• , timber harvest fees, et cetera.
• a statutory cap or a fee schedule.

Summary: The hearing opened with budget framing from the chair and the LAO, who said the May Revision addresses roughly a $14 billion budget problem and that the environment and transportation subcommittee’s proposals account for about $1.9 billion of the solution. The LAO urged members to focus on solutions that do not worsen out-year deficits, to preserve reserves, and to defer major policy changes that are not necessary to pass the budget, including the newly introduced water-related trailer bills. Members also raised concern about a late-dropped Olympic-related trailer bill, which the LAO likewise suggested should be deferred for fuller review. The first major item was the Delta Conveyance Project and related water quality control plan trailer bills. The administration argued the proposals would streamline permitting, water rights proceedings, judicial review, and land acquisition, and would clarify DWR’s bond authority for the project. DWR said the project is needed to protect water supply reliability against drought, earthquakes, sea level rise, and other climate-related disruptions, and that the tunnel would help move water when conditions are wet and safer for the environment. Committee members from both parties questioned the timing, the use of budget trailer bills for major policy changes, the scope of the CEQA and water-rights changes, the lack of a bond cap, cost growth, and eminent domain protections. The LAO recommended deferring both water trailer bills without prejudice. Public comment was sharply divided, with labor, water agencies, and some business groups supporting the project as climate adaptation and reliability infrastructure, while environmental, tribal, fishing, county, and community groups opposed it as an attempt to bypass public process and weaken protections. The committee then briefly heard the DMV’s Digital Experience Platform fee trailer bill, which would reinstate a $1 system improvement fee to help fund the vehicle-registration phase of the project. DMV said the fee would raise about $7 million annually and offset roughly $59 million to $60 million of project costs, while the LAO noted it would help but would not solve the Motor Vehicle Account’s broader structural gap. The hearing then moved to California High-Speed Rail, where the new CEO presented an updated plan and said the project remains a major climate and infrastructure investment. He reported a revised Merced-to-Bakersfield cost range of $34.9 billion to $38.5 billion, said the agency is trying to reduce risk through direct procurement of materials, and argued that stable annual funding is needed to avoid higher costs from delays.

Transcript Highlights:

• It's just how do we figure out how to allocate scarce resources.
• It's just how do we figure out how to allocate scarce resources.
• It's just how do we figure out how to allocate scarce resources.
• It's just how do we figure out how to allocate scarce resources.
• It's just how do we figure out how to allocate scarce resources.

Keywords: 1187, senate, all

Summary: The Senate Housing and Homelessness Prevention Committee met for an organizational hearing focused on introductions, committee jurisdiction, and a presentation from Minnesota Housing Finance Agency Commissioner Jennifer Ho. Members described their priorities for the session, including addressing HOA issues, senior housing affordability, manufactured housing exploitation, first-time homebuyer access, housing and health connections, homelessness protections, downtown conversions, and expanding starter homes, ADUs, and smaller multifamily housing. Chair Port emphasized bipartisan collaboration and the committee’s focus on removing barriers to housing production and expanding homeownership. A substantial portion of the meeting was devoted to remembering Senator Carrie Dietz, with Chair Port, Senator Draheim, and Commissioner Ho each describing her deep knowledge, behind-the-scenes leadership, and role in major housing accomplishments. They highlighted her work on fire sprinkler requirements in high-rise buildings, rental housing safety, public and nonprofit housing repairs, protections against predatory investors, manufactured and workforce housing, tenant protections, down payment assistance, local affordable housing aid, homelessness services, and the Bring It Home program, which helped pave the way for Minnesota’s rental voucher program. Advocates’ letters honoring her contributions were also made available to members. Committee staff then reviewed the panel’s jurisdiction, including housing and homelessness prevention, Minnesota Housing Finance Agency oversight and budget matters, housing bond allocation authority, housing infrastructure bonds, manufactured housing, rent control, transitional housing, and homeless prevention. Chair Port said the budget overview would be held for a later hearing. Commissioner Ho introduced her staff and outlined Minnesota Housing’s mission as a statewide mission-driven financial institution that finances affordable housing, homeownership, supportive housing, homelessness prevention, and manufactured housing through partnerships with lenders, developers, service providers, tribes, and local governments. No votes or formal legislative actions were taken at this meeting.

Transcript Highlights:

• on line 631, HMO regulatory fees on line 638, and X-ray radiation inspection fees on line 640.
• <00:42:37.119> For adjustment and a fee increase. For adjustment and a fee increase.
• some of these costs is the facility fee. some of these costs is the facility fee.
• fees in the past. fees in the past.
• This provision would cost fees.

Keywords: 1187, senate, all

Transcript Highlights:

• In your packet, you'll find the current fees and proposed fees for your conversation.
• The current fees and proposed fees for your conversation.
• one fee and then each additional fee one fee and then each additional fee based<04:19:11.600>
• There are additional fees that get charged, like your mil foil fee.
• <04:30:19.680> violation traffic fees violation traffic fees violation fees<04:30:21.880><

Keywords: 1189, house, all

Summary: The committee first took up HB 713, which would require mile markers on Route 112, the Kancamagus Highway. The sponsor and DOT testimony described the road as a heavily traveled but isolated corridor with little or no cell or radio service, frequent accidents and breakdowns, and serious public-safety problems when emergency responders cannot quickly locate incidents. Members discussed where markers should be placed, how frequently they should appear, whether both sides of the road should be marked, and the potential cost; DOT said the project could be done with federal funds and might be combined with other work to reduce mobilization costs. The committee agreed the bill was straightforward and voted OTP 18-0, with discussion that a friendly amendment might be offered later to refine the language. The committee then heard HB 563, concerning calculation of adequate education grants. Testimony explained that the bill would add fiscal capacity disparity aid in FY 27 and increase the special education differentiated aid factor, while also reducing extraordinary needs grants so the overall fiscal impact would be net neutral. Members noted the changes were limited to the second year because of the budget process and school district ballot timing. Supporters argued the fiscal capacity aid would help property-poor towns and should be expanded, while others emphasized the bill’s budget-neutral structure. The committee voted to retain HB 563 for further consideration in the budget process. Finally, the committee opened HB 675, which would limit the authority of school districts to make certain appropriations. A Derry resident and former local official testified in favor, arguing that property taxes are too high, that school spending has outpaced town-side tax caps, and that local voters should have more control over school budgets. Committee members questioned whether the issue should instead be handled locally through existing processes or broader governance changes, and one member noted the state’s constitutional obligation to provide an adequate education. The discussion continued, but no final action on HB 675 was taken in the portion provided.

Transcript Highlights:

• Item 1 is additional staffing for optimized asset allocation. adopted, $14.5 million.
• Item number 20, deleting rider 12 administrative allocation.
• Allocation councils of government is adopted. Turning to page 9.
• Item number four, adjustment to voter education fees and appropriations.
• Regulatory Filing Fees permitting systems was adopted for $6.3 million.

Bills: SB 1

Keywords: campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, 1185, senate, all

Transcript Highlights:

• Some fees date back to 1959, while the most recent fee adjustments for some programs were made in 2013
• Some fees date back to 1959, while the most recent fee adjustments for some programs were made in 2013
• We commissioned an independent fee study to demonstrate in detail appropriate fee recommendations for
• So our rationale for the... ...limited fee approval.
• So the fees reference refers to examination fees as they are charged every four years based on our statute

Summary: The Assembly Budget Subcommittee 5 on State Administration heard presentations from Go-Biz and the Department of Financial Protection and Innovation on the Governor’s budget proposals. Go-Biz described California Jobs First, the state’s 10-year economic development strategy, and emphasized support for small businesses, workforce development, and targeted investment in sectors such as ag tech, life sciences, semiconductors, and advanced manufacturing. Members raised concerns about federal policy changes, tariffs, tourism, housing, child care, and whether state incentives are truly additive; Go-Biz responded that it tracks federal actions closely, works with chambers and advocates, and uses programs like California Competes to target jobs that would not otherwise come to California. The committee then reviewed the proposal to restore the California Competes grant program with $60 million. Go-Biz said the grant would help businesses that cannot use the nonrefundable tax credit, and explained the program’s five-year contracts, milestone-based awards, and recapture provisions. The Legislative Analyst’s Office said the grant could be effective but recommended stronger oversight and clearer eligibility criteria, while also noting the 30% cap in trailer bill language may be too restrictive given the smaller funding level. Public testimony supported the grant and suggested considering refundability or transferability for the tax credit to broaden access for smaller and startup businesses. Members also heard the CHIPS-related proposal for $25 million to support Natcast’s semiconductor design and collaboration facility in Sunnyvale. Go-Biz and public witnesses argued the state investment would help secure a major federal research facility, retain engineering talent, and leverage billions in broader investment, while the LAO recommended rejecting the item because of its dependence on uncertain federal funding and the state’s budget condition. The committee also considered a $17 million continuation of CA RISE, which supports employment social enterprises; Go-Biz and several grantees cited strong job placement and workforce outcomes, while the LAO recommended rejection absent a more rigorous evaluation, noting prior LA RISE evidence did not show long-term employment gains. Finally, the Department of Financial Protection and Innovation presented budget requests for IT security and rent increases, and a trailer bill to raise fees across several programs. DFPI said decades-old fee schedules, inflation, and new regulatory responsibilities have created a structural deficit and warned the department could face insolvency without adjustments. The LAO recommended approving the fee increases only on a three-year limited-term basis and asked for more detailed revenue plans for programs not covered by the proposal, so the Legislature can assess actual collections and market impacts before making the changes permanent.

Transcript Highlights:

• It's a real hodgepodge of structures, but most do require entrance fees; 83% require entrance fees.
• and monthly fees.
• deals with entrance fees.
• With regard to monthly care fees, this is really the number one source of stress for residents: the fees
• So, the fees and fee increases will fluctuate.

Keywords: 995, all

Summary: The commission’s fifth meeting focused on consumer protections and resident rights in continuing care retirement communities (CCRCs), with a presentation by Yvonne Choyah of UC Law San Francisco. She described California’s CCRC framework, including entrance fee structures, monthly fee increases, contract types (A, B, and C), disclosure requirements, and regulatory oversight. A major theme was that residents often do not understand the contracts they sign, while providers retain broad discretion over fees, transfers, terminations, and changes to the physical plant. She also emphasized that California’s regulator is understaffed and not well suited to oversee the complex financial and insurance-like aspects of CCRCs, and that resident complaints and litigation can be slow and difficult. Choyah and commission members discussed several consumer-protection issues, including refundable versus repayable-on-resale entrance fees, rising monthly care fees, the decline of life care contracts, and the need for clearer disclosures and better comparative data for prospective residents. She noted that California requires annual disclosure statements, resident bill of rights materials, and some fee-related reporting, but that enforcement and accessibility remain weak. Members raised questions about resident board representation, accreditation, refund requirements, and whether state agencies or resident associations could help explain contracts to consumers before admission. Choyah suggested stronger oversight, more financial expertise in regulation, and better transparency about ownership and fee-setting. The meeting ended with discussion of the commission’s next steps toward its August report. Staff said a draft report would be prepared from the commission’s discussions and circulated for comment before final revisions. The chair also announced staff transitions: Jennifer would be leaving the State House role, and Juliana Fernandez and Vicky Halal would be the main contacts going forward. The commission adjourned after thanking Choyah for her presentation and answering member questions.

Transcript Highlights:

• the fee.
• The local government imposing the fee has to show that the person who pays the fee gets a benefit from
• The payer of the fee has to get value out of paying the fee.
• The local government imposing the fee has to show that the person who pays the fee gets a benefit from
• Just curious about the sidewalk utility fee. I'm curious about the sidewalk utility fee.

Summary: The committee began with member introductions, then heard a presentation on a draft final report studying alternative funding mechanisms for sidewalks and related pedestrian infrastructure. Consultants said current local funding sources are insufficient, with most jurisdictions unable to complete planned sidewalk networks within 50 years. They evaluated four options: a sidewalk utility fee, a modified transportation benefit district sales tax, a new real estate excise tax option, and expanded stormwater fee use for ADA sidewalk ramps. The consultants recommended authorizing the modified TBD sales tax and new REET option, considering a sidewalk utility despite legal uncertainty, broadening any authorization to all pedestrian improvements, and not pursuing the stormwater fee option. Members asked about legal authority, fairness, revenue adequacy, and whether jurisdictions had been consulted; the presenters said state enabling legislation would likely be needed for a sidewalk utility and that fairness could be defined either by direct benefit or by need. The committee then received an update on the 2025 assessment of city transportation funding needs. The consultants reported that city transportation revenues have grown in some local and federal categories since 2019, but state revenues have remained relatively flat and smaller cities are especially affected by declining fuel tax revenues and limited tax bases. They estimated annual city transportation needs at $4.25 billion, average annual spending at $1.89 billion, and a funding gap of $2.37 billion, larger than in the prior study because of updated data, inclusion of system improvements, and higher preservation costs. Draft recommendations focused on reducing costs and improving efficiency, preserving and increasing state support, and expanding local funding options, including preservation-first spending, a permanent federal fund exchange program, streamlined review processes, better coordination with WSDOT, possible property tax flexibility, and exploration of new local tools. Members raised questions about design standards, the role of density and transit, federal compliance, and whether the report would identify specific consolidation or process changes. The committee also heard a project update on evaluating zero-emission vehicle and electrification programs funded by the Climate Commitment Act. Consultants said they had reviewed roughly 23 programs and projects across seven agencies and were now evaluating options to improve delivery, including process improvements, reorganizing programs, or consolidating governance and administrative functions. Early findings highlighted staffing shortages, duplication and variation across agencies, differing levels of risk, and the challenge of coordinating climate priorities across agencies with other core missions. Members asked about program outcomes, administrative costs, whether some programs should have exit strategies, and how to strengthen the EV Coordinating Council. Finally, WSDOT provided an implementation update on its new public-private partnership authority under SB 5801, saying work is underway to prepare governance, legal, policy, and organizational structures ahead of the January 1, 2027 effective date.

Transcript Highlights:

• And that not only was just an allocation...
• And one thing I will say is that you have allocated quite a few... members who had cancer.
• And one thing I will say is that you have allocated quite a few You have allocated quite a few funds
• and TexQuest membership fees.
• They have been allocated that money.

Bills: SB 1

Keywords: campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards

Summary: The committee heard budget presentations from the Legislative Budget Board and agency officials on several agencies, starting with the Texas Historical Commission. LBB described a large biennial reduction driven mainly by the removal of one-time funding and discussed capital projects, rider changes, and exceptional items including Presidio La Bahia and the National Museum of the Pacific War. Senators asked about heritage trails, courthouse grants, unexpended balance authority, and the status of historical-site funding. Historical Commission leadership emphasized preservation, courthouse restoration, heritage tourism, coordination with the Alamo and other Texas Revolution sites, and requested additional IT, staffing, and vehicle funding. No votes were taken. The committee then reviewed the Pension Review Board and the Employees Retirement System. The Pension Review Board’s budget was largely unchanged aside from IT maintenance and salary adjustments, with an exceptional item for additional IT enhancements. Members discussed the Dallas Police and Fire Pension System’s funding dispute and the need for a workable restoration plan. ERS presented a much larger budget, including funding for the retirement system, the group benefits plan, and the legacy payment intended to reduce unfunded liability. Senators focused heavily on pension investment returns, benchmark comparisons, and rising health-care costs, especially pharmacy spending driven by GLP-1 drugs; ERS said the plan covers about 540,000 lives and that premiums would rise 8% while benefits remain unchanged. ERS also said it had no exceptional items, and committee members requested more detailed benchmark information. The committee also heard from the Texas Emergency Services Retirement System and the Cancer Prevention and Research Institute of Texas. TESSORS reported an unfunded liability, an infinite amortization period, and requested additional state support, staffing, and IT funding, including a statutory change to allow a higher contribution level; the agency warned that without more funding it may have to cut benefits. CEPRIT’s presentation covered its bond-funded cancer research and prevention portfolio, revenue-sharing from funded projects, and a request to increase salary limits for its CEO and chief scientific officer. Senators questioned CEPRIT’s accomplishments and return on investment, while CEPRIT cited screening, prevention, and research outcomes, including tens of thousands of detected cancers and precursors and hundreds of thousands of first-time screenings. The meeting ended after these presentations and questions, with no recorded committee action or vote.

Transcript Highlights:

• Was it a contingency fee contract? **General Paxton**: Let me give you a little background.
• **Brent Webster**: ...that outlines how these contingency fee contracts work.
• You had a contingency fee of 10.2 percent.
• First of all, the legal fees are all paid from the front.
• There's no, the legal fees aren't paid out.

Bills: SB 1

Keywords: campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, Attorney General, budget recommendations, funding swaps, salary increases, Landowner's Compensation Program, public testimony, law enforcement

Summary: The meeting focused on the budget recommendations for the Office of the Attorney General (OAG), where key issues included the proposed decrease of $163.9 million for the 2024-25 biennium and various methodology swaps for funding. Attorney General Paxton discussed ongoing litigation expenditures and emphasized the need for continued investments in agency staffing to address rising demands within law enforcement. Notably, he requested a 6% salary increase for 2026 and 2027 to retain talented personnel amidst competitive job markets. Public testimony highlighted community awareness challenges regarding the Landowner's Compensation Program, indicating a need for enhanced outreach efforts.

Transcript Highlights:

• These programs provide fee-for-service supplemental payments and directed payments for physicians...
• These programs provide fee-for-service supplemental payments and directed payments for physicians and
• This program provides fee-for-service supplemental payments and directed payments for physicians and
• Both trust funds are allocated within the investigative service budget entity.
• This request is also for authority, fully for federal funds, and is allocated once again to the Miami

Keywords: 999, senate, all

Transcript Highlights:

• These are dollars that the department earns through our cost allocation plan.
• There may be some cost allocation plan.
• <00:42:53.880> So,<00:42:54.400> I budget allocation even worse.
• So, I budget allocation even worse.
• ,<00:50:04.840> but day use admission and parking fees, but day use admission and parking

Keywords: 1191, senate, all

Transcript Highlights:

• . >> Same assessment fee. Any questions from the committee?
• willing to do this willing to do this >> same<00:08:43.120> assessment<00:08:43.519> fee
• 43.839> Any<00:08:44.080> questions<00:08:44.399> from >> same assessment fee
• Any questions from >> same assessment fee. Any questions from the<00:08:44.800> committee?
• <00:15:13.440> of shall receive a base allocation of shall receive a base allocation of $25,000

Bills: SB146, SB143, SB144, SB145, HB224, SB152, SB153, SB154, SB162, SB226, SB146, SB143, SB144, SB145, HB224, SB152, SB153, SB154, SB162, SB226

Keywords: supplemental appropriation, FY2025 budget, general fund, Alabama State Board of Public Accountancy, Unified Judicial System, court automation, advanced technology and data exchange, judiciary funding, transportation debt service, highway bonds, bridge bonds, Alabama Department of Transportation, ALDOT, public highways, federal matching funds, state appropriations, bond principal and interest, special funds, budget amendment, SB143

Transcript Highlights:

• So the $5 fee from about 2,300 plates each year equates to under $15,000.
• >> Go ahead. license plate $5 fee, moves it from license plate $5 fee, moves it from Kentucky<00:18:44.480
• Um, I guess my concern here is that are we taking money away that has already been allocated?
• Um, would it has already been allocated?
• for the National Guard allocation for the National Guard Association<00:21:40.960> out<00:21:

Keywords: 00:20 Roll Call 01:56 HB 7 13:46 HB 7 Vote 17:54 HB 226 24:05 HB 226 Vote 25:13 HB 258 27:13 HB 258 Vote, 958, all

Summary: The House Transportation Committee met for its second meeting of the 2026 session and first took up House Bill 7, sponsored by Representative Hale, which would allow school districts to install stop-arm camera systems on school buses to enforce civil penalties against drivers who illegally pass stopped buses. Hale said the bill had passed the House before, described widespread violations and the danger to children, and outlined the bill’s provisions, including public warning signs, privacy protections, and fines of $300 for a first offense and $500 thereafter. Supporters cited child safety and personal experiences with school-bus-related incidents, while one member opposed the bill on the grounds that it relied too heavily on technology instead of a human officer. The committee then voted and reported HB 7 favorably. The committee next considered House Bill 226, sponsored by Representative Bratcher, which would redirect the $5 fee from Kentucky National Guard specialty license plates from the Kentucky Department of Veterans Affairs to the Kentucky National Guard Association. Bratcher and National Guard representatives said the change would send roughly under $15,000 a year to support readiness, mobilization, and professional development for serving Guard members, and argued that specialty plate revenue should go to the organization tied to the plate. Representative Donworth raised concerns about taking money from the veterans trust fund and suggested a direct budget allocation instead, but the sponsor said the amount was small and that the current arrangement did not return the funds to the Guard. The committee voted to report HB 226 favorably. Finally, the committee heard House Bill 258, sponsored by Representative Payne, as amended by a committee substitute. The bill raises the weight limit for hauling milk from 80,000 to 90,000 pounds and clarifies that the rule applies to both state and federal highways, based on federal treatment of milk as a non-divisible product. After the substitute was adopted, the committee approved the bill, and HB 258 was reported favorably with the committee substitute attached.

Transcript Highlights:

• So 50% um at least 50% gets allocated from the mass agreement. It goes to um to agriculture.
• <00:04:39.919> from<00:04:40.080> the at least 50% gets allocated from the at least
• 50% gets allocated from the mass<00:04:40.720> agreement.
• So, it's a $100 fee. So, that's the mom and pop store with the two pumps is $100.
• So, it's a $100 fee. So, >> Yeah. Okay. So, it's a $100 fee.

Keywords: Meeting Start 00:00:00 Attendance Roll Call 00:00:20 Approval of Minutes 00:00:41 Department of Agriculture 00:01:06, 958, all

Summary: The House Budget Review Subcommittee on General Government met for its third meeting, approved the minutes, and heard a budget presentation from the Kentucky Department of Agriculture. Department representatives Brandon Reid, Lee Macintosh, and Mark Bolan outlined the agency’s funding mix and requested support for several priorities in House Bill 500, including continuation of existing items, county fair grants, and an additional $5 million for the new economic development fund. They also discussed a capital request to replace two aging scale trucks, noting the vehicles are from 2002 and 2006 and have become unreliable and expensive to repair. The department emphasized several additional needs: funding to begin regulating and inspecting electric vehicle charging stations through the weights and measures division, retention and recruitment funding after losing 108 employees over three years, and a request to pay off tobacco-related debt service so more money can flow through the tobacco formula. They also cited House Bill 417, filed by Speaker Osborne, as supporting farmland preservation, saying the agency has a program ready but needs funding to implement it. Officials said the farm-to-food-banks and rural mental health items in the budget were acceptable as reduced by the tobacco formula. Members asked questions about pump inspection fees and staffing losses. The department said the inspection fee is $100 per station, not per pump, and that the same fee applies even to larger stations. On retention and recruitment, officials said the cost of turnover is significant but they did not have a dollar estimate. No votes were taken beyond the motion to approve the minutes, and the meeting ended with a motion to adjourn.

Transcript Highlights:

• It allocates an additional $30 of the civil court filing fee for a dissolution action to the Minnesota
• The language in that amendment that we heard in committee earlier had some fees, marriage fees.
• This isn't the fee increase.
• This isn't<01:56:19.280> the<01:56:19.440> fee isn't the fee isn't the fee increase.<01
• And yes, Senator Limmer, you and I partnered in reducing filing fees and motion fees.

Keywords: 1187, senate, all

Transcript Highlights:

• Or if we need to allocate additional money for free identification, if we need to allocate additional
• The retirees are getting the monthly allocated amount.
• And any fees, whether it was an upfront fee or any combination of upfront fees and fees tacked on to
• For registration fees, not many states have this.
• and other fees.

Bills: AB49, AB169, AB188, AB284, AB296, AB306, AB356, AB366, AB467, AB499, AB515, AB540, AB542, AB595

Keywords: educational personnel, teacher licensing, reciprocal licensure, provisional teaching, school counselors, school nurses, school social workers, state education standards, health insurance, speech-language pathology, stuttering, rehabilitative services, habilitative services, coverage requirements, health plans, retired public employees, subsidy, Medicare, health reimbursement arrangement, Public Employees' Benefits Program

Transcript Highlights:

• I'm the executive director for the Tax Credit Allocation Committee and the Debt Limit Allocation Committee
• In the 2025 budget, CalHFA received another allocation for Dream For All, Phase 3: $300 million allocated
• Committee and the California Debt Limit Allocation Committee, TCAC and CDLAC.
• We could increase SB 2, recording fees, transfer tax, have a dedicated source from the budget.
• They're one of the best tax credit allocators in the nation.

Summary: The Assembly Select Committee on Housing Finance and Affordability held its first hearing of 2025 to examine California’s housing finance system, with opening remarks emphasizing the state’s severe housing shortage, high costs, and the need for practical recommendations to the Legislature and Governor. Co-chairs described the committee as an educational and problem-solving forum focused on financing housing production, first-time homeownership, mixed-income developments, and affordability across the income spectrum. Witnesses from state agencies and the development sector were invited to explain how housing is financed and where the system is breaking down. Panelists from the California Housing Partnership, the Business, Consumer Services and Housing Agency, the Tax Credit Allocation Committee/State Treasurer’s Office, CalHFA, and Related outlined the “capital stack” used to finance affordable housing, stressing that projects typically rely on multiple public and private sources, including federal and state low-income housing tax credits, tax-exempt bonds, state subsidies, local funds, and rental income. Speakers noted that affordable housing rents generally cannot support full project costs without public subsidy, and that recent federal changes—especially the expansion of the 4% and 9% tax credit programs and the reduction of the bond financing threshold for 4% credits—should allow California to finance substantially more units. CalHFA also described its homeownership programs, including My Home, Dream For All, and disaster-related mortgage assistance, as well as its multifamily lending and bond issuance programs. Several witnesses and committee members emphasized that the system remains too complex, too slow, and underfunded. They pointed to the need for more state funding, a housing bond, a permanent funding source, and better coordination among agencies, while also citing recent streamlining efforts such as AB 434’s SuperNOFA, AB 519’s one-stop-shop working group, and the planned California Housing and Homeless Agency reorganization. Members raised concerns about equity, access, missing-middle housing, gender and racial disparities, and whether current programs adequately serve extremely low-income households and those at risk of homelessness. No formal votes or actions were taken during the hearing; the discussion ended with committee members and witnesses agreeing that both funding and administrative reform are needed to increase production and improve affordability.

Transcript Highlights:

• Does that include the management fees? management fees that you pay as well?
• Those are always net of fees and expenses.
• of anybody they ever charge their fee to?
• I mean, when I was on the city council, I mean, if we had an FTE, we allocated salary and we allocated
• per transaction, you pay them a fee.

Keywords: 1184, house, all