Transcript Highlights:

• </c> sits directly under a four-lane highway sits directly under a four-lane highway and<00:49:02.400
• </c> And beside of another four-lane highway.
• With equalization over the coming years, it would expand to $25 million plus in bonding capacity.
• With equalization over the coming years, it would expand to $25 million plus in bonding capacity.
• With equalization over the coming years, it would expand to $25 million plus in bonding capacity.

Keywords: 958, all

Summary: The House Budget Review Subcommittee on Primary and Secondary Education and Workforce Development met for an information-gathering session and opened by clarifying that the subcommittee would not be voting on budget requests. Because there was no quorum at first, the committee did not take up approval amendments. The first presentation focused on a budget request to incentivize national certification for school social workers and school psychologists. Rep. Vanessa Gracal, along with Amy Oats and Leslie Gilpin, argued for a $500,000 annual appropriation to provide $2,000 salary supplements to nationally certified school social workers and school psychologists working primarily in their certification areas. They said the stipend would help recruit and retain professionals amid shortages, noted that current Kentucky certification numbers are low, and explained the rigorous certification and renewal requirements. In response to questions, they said there is currently no appropriation for this purpose in HB 500 and none they were aware of in HB 6 in 2024. The next topic was school facility funding needs, led by Rep. Bob McCool, Johnson County Superintendent Tom Cochran, Commissioner of Education Robert Fletcher, and other district representatives. They described the “gap funding” issue for school construction projects that had already started before COVID-era inflation sharply increased costs. Johnson County and Harrison County were highlighted as examples of districts that had already committed local funds, passed nickel taxes, and begun construction but now need additional state support to finish projects. Speakers emphasized that many projects were audited and approved, that the state has already funded about half of the gap, and that roughly $130 million more is being sought in HB 500 to complete the remaining work. They stressed that unfinished projects would leave districts with half-built schools and that completing them would bring long-term savings and better facilities for students. The committee then turned to testimony from KASA representatives on the impacts of HB 500 as introduced. The witnesses discussed the importance of school psychology and school social work certification, the benefits of advanced training for student services, and the need to recognize and support highly qualified staff. A member asked whether HB 500 or HB 6 included an appropriation for the certification stipend, and the witnesses answered no. The meeting also included a motion to approve the minutes from the prior meeting once a quorum was present, and the minutes were approved by voice vote.

Transcript Highlights:

• The funding plan of the bonding package.
• Big truck traffic on that highway now, and I don't see any communications there.
• , on Highway 491.
• The state legislature, DOT, etc., are working to make highways safer.
• This year's annual highway report by the Regional Highway Administration Houston Foundation ranks New

Transcript Highlights:

• </c> it's an incredibly safe um, uh, bonding it's an incredibly safe um, uh, bonding opportunity<00:03
• The first item is the Chicago County US Highway 8 GEO bond appropriation.
• bonding bonding grant.<01:22:32.199><c> Yeah.
• We're going to have a bonding bill, right? We're going to have a bonding bill, everybody.
• </c> bonding bill, everybody. Let's do it. bonding bill, everybody. Let's do it.

Committee: Senate Capital Investment

Keywords: 1187, senate, all

Transcript Highlights:

• House Bill to highway pavement markings.
• House Bill relating to fiduciary bonds.
• >> To communicate with the body. >> Yes, sir. >> The capital bonds and capital projects and bond oversight
• The capital bonds and and capital &gt;&gt; Yes.
• The capital bonds and and capital projects<00:25:51.440><c> and</c><00:25:51.600><c> bond</c><00:25:51.840

Keywords: Convene 00:00 Senate Message 04:45 Calendar/2nd Readings 05:20 Report of Committees 07:05 Orders of the Day 08:23 HB 214 08:33 HB 416 12:26 HB 281 16:20 HB 134 18:13 Motions, Petitions, and Communications 21:08 Introduction of New Bills and Resolutions 37:01 Recess for ConC/Rules Meeting 39:15 ConC/Rules Report 42:29 Floor Amendments 44:27 Correction to Introduction of New Bills and Resolutions 46:14 Adjournment 46:40, 958, all

Transcript Highlights:

• If there are existing bonds after the five-year period, then these CIDs would dissolve one year after
• the last bond is paid.
• And I think highway districts can do that as well, but I'm not a hundred percent sure.
• In fact, there was something mentioned earlier about highway districts being excluded already.
• earlier about highway districts being excluded already. They are.

Summary: The Revenue and Taxation Committee met on March 2, 2006, and first introduced RS 33-260, a proposal by Representative Cannon to amend Idaho’s Community Infrastructure District Act. Cannon said the bill would extend CID authority from cities to counties, allow CIDs to fund fire protection and emergency medical services, and require CIDs to terminate after a set period rather than continue indefinitely. On motion, the committee agreed to introduce the RS with Section 5 left unchanged, and the motion carried without opposition. The committee then heard House Bill 734 from Representative Furman, which would change how wind and geothermal tax revenues are distributed among taxing districts when a school district lacks a supplemental levy. Furman said the bill was intended to prevent schools from being pressured to run levies just to qualify for revenue distribution and would use the larger of certain local levy rates instead. He said the Idaho School Board Association supported the bill and the Idaho Association of Counties was neutral. After brief questions and no public testimony, the committee voted to send HB 734 to the floor with a due pass recommendation. House Bill 670, sponsored by Representative Monks, drew the most discussion. Monks said it was meant to clarify last year’s urban renewal law so fire districts could opt out of urban renewal areas when there were no outstanding bonds or contractual obligations, and he argued fire districts were losing revenue while still providing service to new development. Testimony from the Association of Idaho Cities, the Eagle Urban Renewal Agency, and the Redevelopment Association of Idaho opposed the bill, warning it would further erode urban renewal financing, create ambiguity, and interfere with ongoing litigation over the meaning of contractual obligations. After debate over legislative intent and the effect on urban renewal districts, the committee approved HB 670 and sent it to the House floor with a due pass recommendation.

Transcript Highlights:

• Previous legislatures have also authorized general obligation bond sales for the purposes of funding
• bond authority, which was not the intent.
• Tolls are assumed to be used as a cash source and also to be bonded against.
• Bonding of up to $2.5 billion was approved last year.
• This bonding authority was established last year.

Summary: The Transportation Committee heard briefings and public testimony on four bills. HB 1823, a Transportation Improvement Board cleanup bill, would remove obsolete references, update terms, and repeal outdated sections; a proposed substitute would restore remaining bond authority that the original bill would have inadvertently removed. The sponsor and TIB supported the technical corrections, describing the bill as good-government cleanup, and there were no questions or opposition. HB 2092 would create a Washington State Amtrak Cascades Passenger Rail Advisory Committee to provide regular user feedback to WSDOT; the bill was presented with a fiscal note of about $82,000 this biennium and $156,000 ongoing for staffing. The prime sponsor and multiple advocates supported the concept, while committee members and witnesses raised possible amendments to broaden membership, include disability representation, and possibly add rail industry and statewide passenger rail interests. HB 2111 would allow the Interstate 5 bridge replacement project toll facility bond retirement account to retain its share of interest earnings instead of sending them to the general fund. The sponsor, the Treasurer’s Office, and a business community witness said the change would keep dedicated toll-related revenue with the project and avoid accounting and tax concerns; the bill was described as a technical fix with fiscal impact expected to benefit the project account. HB 2114 would require the Department of Licensing to waive replacement plate fees for defective plates within two years of issuance and allow waivers between two and five years in some cases. The sponsor said the bill responds to widespread plate delamination, especially in eastern Washington, and county auditors and subagents testified in support as a customer-service measure, though they noted the fiscal note seemed high relative to the small number of replacements estimated and asked for clearer definitions and implementation guidance. No votes were taken during the hearing. The chair closed public hearings on HB 1823, HB 2092, and HB 2111 after testimony, and temporarily closed HB 2114 to allow a later opportunity for a witness who had audio issues to testify.

Transcript Highlights:

• Highway. Highway.
• Highway 363, Itawamba County, as the Jacob Edward Kent Memorial Highway; and for related purposes.
• Highway 363, Itawamba County, as the Jacob Edward Kent Memorial Highway; and for related purposes.
• We used a revenue bond. new warehouse. We used a revenue bond.
• And uh bond.

Keywords: MS Senate Floor - 5 March, 2026; 10:00 AM, 925, all

Transcript Highlights:

• And I think it was from the Institute for Highway Safety.
• There was a presentation from the Highway Patrol last year.
• There was a presentation from the Highway Patrol last year.
• We're charged with trying to improve highway safety.
• , even comparatively to other states, those roads like Highway K and things like ...and highways, even

Committee: House Transportation

Keywords: 959, house, all

Transcript Highlights:

• Highway 77, for the Committee on Transportation.
• Bonner relating to certain memorial markers and designations on highways in the state for the Committee
• HB 3484 by Vikki Goodwin relates to the authority of Special Utility Districts to issue revenue bonds
• HB 3510 by John Wray relating to the designation of a portion of State Highway 6 in Brazos County as
• the Sergeant Mark Butler Memorial Highway for the Committee on Transportation.

Keywords: 1184, house, all

Transcript Highlights:

• Previous legislatures have also authorized general obligation bond sales for the purposes of funding
• bond authority, which was not the intent.
• Tolls are assumed to be used as a cash source and also to be bonded against.
• Bonding of up to $2.5 billion was approved last year.
• This bonding authority was established last year.

Bills: HB1823 , HB2092 , HB2111 , HB2114

Committee: House Transportation

Keywords: transportation improvement board, TIB, transportation improvement account, motor vehicle fund, arterial streets, local match, private match, grant funding, transportation grants, county roads, city streets, transportation benefit district, urban county, small city program, active transportation, pedestrian, bicycle, bike routes, transit, public transit

Transcript Highlights:

• , including a significant number of charter bonds that have junk ratings.
• These bonds are paid back based on enrollment numbers.
• Schools are taking on these junk bonds.
• But the work doesn't stop when the voters approve the bond.
• That's why we put people on our bond oversight committee, who work very critically of our bond.

Bills: HB1540 , HB3837 , HB5571 , SB370 , SB2425

Committee: House Delivery of Government Efficiency

Keywords: government review, Texas Sunset Act, regulatory oversight, agencies, sunset provisions, autonomous vehicles, regulation, safety, criminal offense, Autonomous Vehicle Commission, registration, regulations, Level 4 automation, Level 5 automation, self-driving technology, traffic laws, permit system, collision reporting, safety standards, Automated Vehicle Commission

Transcript Highlights:

• The next one is $943,000 of highway funds. This is increased material...
• The next one is $943,000 of highway funds.
• The bond counsel did not like the language for whatever reason.
• I can't imagine bond counsel would take issue with any of that.
• I can't imagine bond counsel would take issue with any of that.

Committee: House Budget

Keywords: 959, house, all

Transcript Highlights:

• Years ago, when I was in the other chamber, we actually had a highway distribution fund, and $20 million
• Rather than one or two grants, this would go out to each and every highway district in the state.
• And this is a distribution that goes out to all of our highway districts.
• The largest single-wide county highway district, however we phrase that in Idaho code, would stand to
• And my highway district would benefit the most, obviously.

Keywords: 989, all

Summary: The Joint Finance and Corporation Committee met with a quorum from both chambers and first approved a $6.5 million federal supplemental appropriation for the Military Division to replace failing climate control systems in Idaho Air National Guard buildings at Gowen Field. The committee then considered Idaho State Police funding tied to three revenue measures: a beer excise tax distribution change, a new specialty license plate, and a liquor account distribution change. Members discussed the impact on cities and counties, with several noting the shift away from local governments, but the motion to appropriate $6.695 million in dedicated and federal funds for ISP personnel costs passed and received a do-pass recommendation. The committee next took up two pieces of language related to Idaho Digital Learning Academy. One trailer language item tied to House Bill 940, which would change course fee limits for non-graduation and graduation-required courses, was adopted by unanimous consent. A second proposal to restore IDLA’s access to PSIF after a large appropriation reduction failed after members raised concerns about allowing access before the academy spent down its cash balance and about weakening the budget cap. Members then approved language redirecting about $12 million from the Strategic Initiatives Fund to the local highway distribution formula instead of LTAC grants, after debate over whether formula-based distribution or competitive grants better served local needs. Finally, the committee adopted language preventing an automatic transfer from the Budget Stabilization Fund to the General Fund when the fund exceeds its 15% cap, preserving the fund balance unless the legislature acts otherwise. The meeting adjourned after the final do-pass recommendation was approved.

Transcript Highlights:

• The money in the fund shall be expended by the Department of Highways for constructing and maintaining
• The bill would allow the commissioner of highways to transfer an additional $3 million in any fiscal
• The revenue bonds are to be issued for the purpose of providing funding for paying for all or a portion
• The principal amount of the bonds issued under the new sections may not exceed $150 million for a term
• authorized by the new provisions. ...for the State Culture Center prior to the issuance of the bonds

Keywords: 994, senate, all

Summary: The Senate Finance Committee met with a quorum present and first approved the minutes from the prior meeting. It then reconsidered Committee Substitute for House Bill 5212, noting that an Education Committee amendment had been inadvertently omitted the day before; the vice chairman withdrew the prior motion to report the bill, and the committee returned to the bill with the technical Education Committee amendments pending. The transcript then moved through a long agenda of bills and supplemental appropriations, with the committee generally hearing brief explanations from counsel, occasional member questions, and then voting to adopt amendments and report measures to the full Senate. Among the substantive policy bills, the committee advanced House Bill 4007 on the Industrial Access Road Fund, allowing an additional possible $3 million transfer in a fiscal year, expanding eligible uses, and increasing county/municipal spending limits; House Bill 4765, which raises salaries for state police, teachers, and school service personnel and, via a strike-and-insert amendment, creates a market pay enhancement tied to county and regional income data; House Bill 5162, recodifying tax lien sale procedures and clarifying ownership and government-property tax treatment; House Bill 5382, extending the Neighborhood Investment Tax Credit Program to July 1, 2031; House Bill 5685, authorizing up to $150 million in revenue bonds backed by excess lottery funds for State Culture Center improvements; House Joint Resolution 42, placing a constitutional amendment on the ballot to raise the homestead exemption from $20,000 to $40,000; House Bill 4010, creating an airport hangar grant program and fund; House Bill 4404, increasing from $500 to $5,000 the amount volunteer fire departments may spend on training and fire prevention materials; House Bill 4592, requiring standardized campus safety mapping data for higher education institutions; House Bill 4784, extending and making retroactive a qualified opportunity zone business tax modification; and House Bill 5088, increasing retirement benefits for Division of Natural Resources police officers, with a one-time $4.25 million cash injection. The committee also reported several supplemental appropriations and originating bills, including Senate Bill 842 for the Spay Neuter Assistance Fund, Senate Bill 846 for Culture and History capital repairs, Senate Bill 872 for Natural Resources capital repairs (reduced to $10 million in committee substitute), Senate Bill 876 for Department of Health facilities, Senate Originating Bills 1 through 5 covering Culture and History, road funds, corrections IT and services, tobacco education, and the Adjutant General’s armory board transfer, respectively. Most items were adopted by voice vote; House Bill 4765’s strike-and-insert amendment was adopted after a division vote of 10-6. The committee then adjourned.

Transcript Highlights:

• Well now time out because we just established that the SEC regulate stocks and bonds and treasuries.
• 281 in Hidalgo County as the Jose Rodriguez Highway.
• Regas-Lewin Memorial Highway to transportation.
• Council Memorial Highway to Trans- Senate Bill 1370 by Parker and Huffman, relating to the establishment
• Highway 287 in Wilbarger County as the Molly Mullins Memorial Highway to transportation. 1409 by Parker

Bills: SJR34 , SB10 , SB18 , SB19 , SB21 , SB72 , SB140 , SB262 , SB370 , SB480 , SB495 , SB627 , SB703 , SB767 , SB790

Keywords: parental rights, parents, children, custody, care and control, upbringing, family law, constitutional amendment, Texas Constitution, child welfare, education policy, medical decisions, parental authority, primary decision makers, family autonomy, education, Ten Commandments, public schools, religious display, First Amendment

Transcript Highlights:

• You mean the individual that needs the bond, not the bonds person, needs the bond, not the bonds person
• from a bonding forfeite of the bond from a bonding forfeite of the bond from a bonding company where
• on these bonding on these bonding with the bail bond industry?
• of they have the same bond, the minimum of $25,000 bond on their license, just like $25,000 bond on
• and the bonding and the bonding industry.

Bills: HB 1500 , HJR 7 , HJR 112 , HB 34 , HB 133 , HB 112 , HB 119 , HB 128 , HB 130 , HB 132 , HB 2756 , HB 166 , HB 406 , HB 186 , HB 271 , HB 331 , HB 380 , HB 1583 , HB 1584 , HB 1819 , HB 621 , HB 303 , HB 552 , HB 366 , HB 463 , HB 1211 , HB 1327 , HB 1461 , HB 923 , HB 1760 , HB 2043 , HB 2467 , HB 5333 , HB 5265 , HB 1592 , HB 1576 , HB 1552 , HB 2018 , HB 3511 , HB 1781 , HB 2013 , HB 2340 , HB 2349 , HB 2508 , HB 2970 , HB 2520 , HB 865 , HB 2851 , HB 3385 , HB 3336 , HB 3529 , HB 3309 , HB 1127 , HB 1232 , HB 1397 , HB 4236 , HB 1804 , HB 1926 , HB 4041 , HB 1965 , HB 1964 , HB 2679 , HB 2730 , HB 3698 , HB 3699 , HCR 77 , HB 3354 , HB 163 , HB 201 , HB 272 , HB 333 , HB 405 , HB 519 , HB 569 , HB 654 , HB 694 , HB 791 , HB 1006 , HB 1136 , HB 1240 , HB 1266 , HB 1275 , HB 1437 , HB 1532 , HB 1675 , HB 1842 , HB 1868 , HB 1888 , HB 1894 , HB 1943 , HB 1990 , HB 2029 , HB 2061 , HB 2286 , HB 2523 , HB 2622 , HB 2626 , HB 2652 , HB 2692 , HB 2842 , HB 2885 , HB 2914 , HB 3016 , HB 3096 , HB 3129 , HB 3248 , HB 3251 , HB 3255 , HB 3479 , HB 3611 , HB 3623 , HB 3701 , HB 3724 , HB 3803 , HB 3804 , HB 3805 , HB 3806 , HB 3810 , HB 3816 , HB 3832 , HB 3887 , HB 4127 , HB 4129 , HB 4130 , HB 4131 , HB 4163 , HB 4187 , HB 4229 , HB 4238 , HB 4454 , HB 4588 , HB 4643 , HB 4736 , HB 4738 , HB 4739 , HB 4945 , HB 5015 , HB 5616 , SB 767 , SB 1619 , SB 1738 , HJR 5 , HJR 2 , HB 1399 , HB 388 , HB 114 , HB 205 , HB 2789 , HB 2791 , HB 499 , HB 2960 , HB 3163 , HB 3135 , HB 2427 , HB 1672 , HB 1722 , HB 2618 , HB 879 , HB 1126 , HB 4134 , HB 3513 , HB 1445 , HB 1893 , HB 1734 , HB 3229 , HB 3306 , HB 1276 , HB 3516 , HB 4145 , HB 1585 , HB 4810 , HB 2558 , HB 2742 , HB 1695 , HB 33 , HB 144 , HB 109 , HB 103 , HB 148 , HB 3809 , HB 2217 , HB 220 , HB 2421 , HB 2363 , HB 421 , HB 2455 , HB 3711 , HB 2559 , HB 2775 , HB 3126 , HB 3666 , HB 3595 , HB 3260 , HB 3376 , HB 3826 , HB 3770 , HB 1831 , HB 2614 , HB 3113 , HB 322 , HB 431 , HB 869 , HB 1203 , HB 1244 , HB 1875 , HB 1950 , HB 2152 , HB 2341 , HB 2809 , HB 2856 , HB 3012 , SB 1415 , SB 1058 , SB 487 , SB 1499 , SB 513 , SB 1697 , SB 1197 , SB 1437 , SB 1809 , SB 836 , SB 1879 , SB 1145 , SB 963 , SB 1038 , SB 1147 , SB 914 , SB 711 , SB 1409 , HB 3707 , HB 589 , HB 1360 , HB 2337 , HB 2391 , HB 718 , HB 23 , HB 2436 , HB 1500 , HJR 7 , HJR 112 , HB 34 , HB 133 , HB 112 , HB 119 , HB 128 , HB 130 , HB 132 , HB 2756 , HB 166 , HB 406 , HB 186 , HB 271 , HB 331 , HB 380 , HB 1583 , HB 1584 , HB 1819 , HB 621 , HB 303 , HB 552 , HB 366 , HB 463 , HB 1211 , HB 1327 , HB 1461 , HB 923 , HB 1760 , HB 2043 , HB 2467 , HB 5333 , HB 5265 , HB 1592 , HB 1576 , HB 1552 , HB 2018 , HB 3511 , HB 1781 , HB 2013 , HB 2340 , HB 2349 , HB 2508 , HB 2970 , HB 2520 , HB 865 , HB 2851 , HB 3385 , HB 3336 , HB 3529 , HB 3309 , HB 1127 , HB 1232 , HB 1397 , HB 4236 , HB 1804 , HB 1926 , HB 4041 , HB 1965 , HB 1964 , HB 2679 , HB 2730 , HB 3698 , HB 3699 , HB 3354 , HB 163 , HB 201 , HB 272 , HB 333 , HB 405 , HB 519 , HB 569 , HB 654 , HB 694 , HB 791 , HB 1006 , HB 1136 , HB 1240 , HB 1266 , HB 1275 , HB 1437 , HB 1532 , HB 1675 , HB 1842 , HB 1868 , HB 1888 , HB 1894 , HB 1943 , HB 1990 , HB 2029 , HB 2061 , HB 2286 , HB 2523 , HB 2622 , HB 2626 , HB 2652 , HB 2692 , HB 2842 , HB 2885 , HB 2914 , HB 3016 , HB 3096 , HB 3129 , HB 3248 , HB 3251 , HB 3255 , HB 3479 , HB 3611 , HB 3623 , HB 3701 , HB 3724 , HB 3803 , HB 3804 , HB 3805 , HB 3806 , HB 3810 , HB 3816 , HB 3832 , HB 3887 , HB 4127 , HB 4129 , HB 4130 , HB 4131 , HB 4163 , HB 4187 , HB 4229 , HB 4238 , HB 4454 , HB 4588 , HB 4643 , HB 4736 , HB 4738 , HB 4739 , HB 4945 , HB 5015 , HB 5616 , SB 767 , SB 1619 , SB 1738 , HCR 77

Keywords: Information Resources, Department governance, cybersecurity, state assistance, procurement training, technology resources, advisory committees, water fund, Texas water supply, constitutional amendment, state revenue, infrastructure, parental rights, child upbringing, government interference, Texas legislation, science park district, economic development, technology innovation, higher education collaboration

Transcript Highlights:

• </c><00:01:37.920><c> council</c> five underwriter and bond council five underwriter and bond council
• but perhaps it was that it was bonded but perhaps it was bonded<00:32:11.840><c> and</c><00:32:12.000
• </c> how are we going to repay the bond? how are we going to repay the bond? &gt;&gt; Yeah.
• It's the It's the uh bond phase two. It's the It's the uh bond pool. pool. pool.
• </c> for um the highway 23 sewer extension. for um the highway 23 sewer extension.

Keywords: 0:00:02 Call to Order and Roll Call 0:00:30 Approval of Minutes 0:00:49 Information Items 0:01:54 Louisville Arena Authority 0:24:50 Project Rpt from Postsecondary Institutions - MSU 0:26:35 Project Rpt from Finance and Admin. Cabinet 0:37:52 Lease Rpt from Finance and Admin. Cabinet 0:40:13 Rpt from OFM – KIA 0:56:00 Rpt from OFM – EDF Grants 0:58:45 Rpt from OFM – OFM 1:01:46 Adjournment, 958, all

Summary: The committee first handled routine business, including a roll call, approval of the prior meeting minutes, and a set of informational reports. Those reports covered University of Louisville research equipment purchases, a Kent County school district debt issue for elementary school renovations, the University of Kentucky’s planned use of construction management risk for a new engineering building, APA certification reports for underwriter and bond counsel selection committees, and a KCNA status report on infrastructure upgrades and purchases. The main presentation was an informational update from the Louisville Arena Authority. Board representatives said the arena was created to drive economic development and reported about $1.4 billion in economic impact from 2010 to 2013. They explained the authority’s financial structure, including arena operating revenues, TIF revenues, debt service, and a long-term capital plan for major repairs and replacements. Members questioned the low net revenue figures, the long timeline before TIF revenues are projected to exceed debt service, the size of capital expenditure spikes, and the University of Louisville revenue-sharing arrangement. The authority said the $2.42 million annual UL payment is fixed under a 2017 refinancing agreement, while other amounts vary with ticket sales and related revenues. They also said the COVID-era state and Metro funds, combined with authority cash, were used to prepay debt and reduce interest, lowering the debt service schedule. The committee then considered and approved a new capital project for a new HVAC system for the student wellness center pool area. The project, presented by university staff, was approved by the board and required committee action. The committee took a roll call vote, and the project passed unanimously. Finally, Janice Thomas of the state budget office presented two tourism, arts, and heritage cabinet grid resilience projects at Kincaid Lake State Resort Park and Kentucky Down Village State Resort Park. Each project costs $7,834,600 and is funded mostly by a federal grid resilience grant, with the remainder from state utility infrastructure replacement funds and energy policy funds. Staff explained that the projects will move park electrical service ownership and maintenance to regional utilities, allowing the state to exit the infrastructure-management role while continuing to pay utility bills through normal metering. The committee approved the action item by voice vote.

Transcript Highlights:

• This one is the general obligation bond bill, but I urge members to support the motion so we can take
• year were a product of bipartisan compromise, something that's always been the case for successful bonding
• of Minnesota are projects that would only become more expensive if we went another year without a bonding
• It's been a bit of a dance, uh, in that $55 million is in the bonding bill, but $20 million is in the
• bill, but 20 million is in the bonding bill, but 20 million<00:04:52.240><c> is</c><00:04:52.479><c>

Keywords: 1183, house

Transcript Highlights:

• Um is to summarize the transfers to the Economic stabilization fund and the state highway fund.
• To the state highway fund.
• Let's move on to bonds here quickly.
• In November 2022, Austin ISD proposed a $2.4 billion bond package, knowing that tax relief was likely
• I'm not sure if that's the largest bond in the city's history, but it's large by my measure.

Committee: House Ways & Means

Transcript Highlights:

• The difference between what goes to the Highway Fund and what will go to the Economic Stabilization Fund
• Well, again, I go back to. the terrible trio of rate hikes, bond elections, and CEOs.
• Now let's move on to bonds here quickly.
• In November 2022, Austin ISD proposed a $2.4 billion bond package.
• I'm not sure if that's the largest bond in the city's history but it's large by my measure.

Committee: House Ways & Means

Keywords: 1184, house, all