Transcript Highlights:

• Anyway, they they were adding utilities Anyway, they they were adding utilities to<00:19:55.360>
• utilities were added to that paragraph. utilities were added to that paragraph.
• investment on the part of the utility. investment on the part of the utility.
• c><02:16:44.880> the customer to inform the utility of the customer to inform the utility of the
• And an electric distribution utility And an electric distribution utility should<02:16:49.439>

Keywords: 1189, house, all

Transcript Highlights:

• Not utilities, not regulators, and not Washington telling us what to do.
• > and<00:04:41.240> not Not utilities, not regulators, and not Not utilities, not regulators
• reviewing the util- what the utilities<00:05:21.600> file,<00:05:22.520> but<00:05:22.760
• > proactively<00:05:23.919> telling utilities file, but proactively telling utilities file
• <00:42:45.880> to<00:42:46.040> those have utilities, water already to those have utilities

Keywords: Meeting Start 00:00 Attendance Roll Call 02:25 SB 100 Discussion 02:59 SB 100 Roll Call Vote 31:10 SJR 134 Discussion 32:41 SJR 134 Roll Call Vote 33:43 SB 222 Discussion 34:43 SB 222 Roll Call Vote 39:55, 958, all

Transcript Highlights:

• And the DFL whole proposes holding utilities accountable by removing the ability of utilities to charge
• And the DFL House proposes holding utilities accountable by removing the ability of utilities to charge
• And the DFL House proposes holding utilities accountable by removing the ability of utilities to charge
• And the DFL House proposes holding utilities accountable by removing the ability of utilities to charge
• And the DFL House proposes holding utilities accountable by removing the ability of utilities to charge

Keywords: 1183, house

Summary: House DFL leaders held a press event outlining an affordability agenda focused on housing, child care, health care, groceries, energy, and taxes. Speakers argued that Minnesota families are being squeezed by rising costs and income inequality, and said the caucus would pursue policies aimed at lowering everyday expenses and shifting more costs onto corporations and wealthy residents. Representative Bierman said health care costs are pushing people to skip care and called for system reforms, including moving toward a more universal model and reducing the role of insurers and pharmacy benefit managers. Representative Kotiza-Wazhushk said the caucus is pushing for universal or low-cost child care, expanded pre-K and community-based care, and a bill to stop grocery surveillance price gouging. Representative Acomb and other energy leaders said the House DFL wants to lower utility bills through more energy assistance, weatherization, renewable energy support, limits on utility cost recovery for lobbying and executive pay, and stronger PUC authority to prevent shutoffs and limit rate increases. Representative Agbaje described housing as unaffordable for many renters and homeowners, cited a shortage of housing units, and said the caucus supports restricting private equity and corporate purchases of single-family homes. Leader Stevenson framed the agenda as a response to a budget picture that he said reflects gains for corporations and wealthy Minnesotans, and he criticized federal tax policy and Medicaid cuts. In response to questions about cost, he said several proposals would not require state spending, while others could be funded by looking at new revenue and at those who benefited most from recent tax changes. The event also included a detailed explanation of the grocery surveillance pricing proposal, which would restrict the use of personal data and AI to set individualized prices and limit rapid electronic shelf price changes. No votes were taken.

Transcript Highlights:

• Devin is utilizing surfactants.
• If you utilize it in a... You get a five-year incentive.
• If you utilize CO2 from coal, you get a 10-year incentive.
• And if you utilize it for a non-Bakken, you get X, and if you utilize it for this, you get Y.
• So we have the blessing of the average deposit balances of the state that we utilize.

Summary: The committee received a compliance and budget update on Industrial Commission agencies and programs, including the Industrial Commission administrative office, the Oil and Gas Research Program, the Clean Sustainable Energy Authority, the State Energy Research Center, the Research Technology Park grant program, and related funds. Staff reviewed spending and balances for items such as electric grid resiliency grants, lignite research, enhanced oil recovery, the salt cavern business case study, and the new NDSU research and technology park grant. Members also discussed timing, carryover balances, matching requirements, and how some programs are structured to reimburse projects over several years rather than spend funds immediately. Karen Tyler of the Industrial Commission described the agency’s administrative budget, the grant management system nearing completion, and the transition to standalone audits and staffing after separating from other agencies. She also outlined the status of active grant rounds across lignite, oil and gas, renewable energy, outdoor heritage, and clean sustainable energy programs. Members asked about the length of active grants, demand for clean energy funding, and the possibility of future grant rounds. Tyler and members also discussed the salt cavern study, the need to better define its commercial value, and the research technology park grant’s cash-match requirement. Ron Ness then testified on enhanced oil recovery and broader oil and gas market conditions. He said North Dakota production remained steady, but future growth depends on infrastructure, longer laterals, and better use of natural gas and carbon dioxide for EOR. He described the state’s EOR grant round, the use of federal DOE funding to replace part of a state-funded project, and the expectation of additional grant rounds. Members asked about CO2 supply, storage, and the economics of using legacy fields and pipelines to extend oil production and support agriculture and industrial uses. The committee also heard from Bank of North Dakota President Don Morgan, who reviewed the bank’s mission, governance, lending verticals, disaster programs, and new initiatives. He said the bank is seeing deposit growth flatten and is responding to fintech competition by focusing on liquidity, risk management, and a new payment infrastructure initiative called Rough Rider Coin, which he emphasized is not crypto and not a public coin, but a banking payment rail for North Dakota institutions. Members asked about student loan rates, disaster lending, and how the bank’s lines of credit and balance sheet capacity are affected by deposit trends. Morgan said the bank remains profitable and continues to support agriculture, commerce, and industry through participation loans, student lending, and state-directed programs.

Transcript Highlights:

• Devin is utilizing surfactants.
• If you utilize it in a... You get a five-year incentive.
• If you utilize CO2 from coal, you get a 10-year incentive.
• And if you utilize it for a non-Bakken, you get X, and if you utilize it for this, you get Y.
• So, but I just want to end with these projects utilizing the legacy...

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:

• We can fix these issues by providing targeted technical resources and assistance to help utilities and
• A public utility serving Cleveland, Ohio and 62 surrounding communities.
• The Clean Water SRF is critical for utilities and communities across the country.
• Golett is the city administrator and utility superintendent. for the City of West Point, Nebraska.
• , and electric utilities.

Keywords: Infrastructure Investment and Jobs Act, water infrastructure, lead service lines, federal reauthorization, sustainability, cybersecurity

Summary: The meeting primarily focused on discussions surrounding the Infrastructure Investment and Jobs Act (IIJA) and its implications for local water systems. Various witnesses highlighted the transformative impact of the bipartisan infrastructure law, which has provided an unprecedented amount of funding to help address long-standing issues in drinking water infrastructure, particularly concerning lead service line replacements and sustainability in water management. The discussions emphasized the urgent need for federal reauthorization to continue supporting these initiatives, as many rural and disadvantaged communities still face substantial barriers in upgrading their water systems. Additionally, cybersecurity risks were noted, raising concerns over the vulnerability of water systems across the nation.

Transcript Highlights:

• A lot of utilities are doing validation right now.
• So, um, tell you a little bit about Dallas Water Utilities. We are a municipal-owned utility.
• Utility run by a city in the United States.
• So, uh, especially for the smaller utilities, uh, evaporation ponds can be an option for large utilities
• So, first things first, what is an investor-owned utility?

Transcript Highlights:

• The process, a lot of utilities are doing validation right now.
• I am the Director for the City of Dallas, Dallas Water Utilities.
• So, tell you a little bit about Dallas Water Utilities. We are a municipal owned utility.
• Especially for the smaller utilities, evaporation ponds can be an option. For large utilities...
• So, first things first, what is an investor-owned utility?

Keywords: 1184, house, all

Transcript Highlights:

• out from NYSERDA as to how it's going to impact each and every one of our residents with regard to utility
• out from NYSERDA as to how it's going to impact each and every one of our residents with regard to utility
• out from NYSERDA as to how it's going to impact each and every one of our residents with regard to utility
• Natural gas is what is driving high utility prices.
• The Assembly does address the issue of affordability in our utility bills by providing a $2.6 billion

Keywords: 993, senate, all

Summary: The Joint Conference Committee on Environment, Agriculture and Housing opened budget negotiations for the 2026-2027 enacted budget, with Senate and Assembly leaders outlining their one-house proposals and committee members giving brief remarks. The discussion covered environment, agriculture, housing, parks, and energy, with repeated emphasis on affordability, climate resilience, and support for rural and urban communities. Senate and Assembly chairs described the process and noted the agencies present, while minority members criticized the overall size of the budgets and urged more attention to housing affordability, building stakeholders, and energy costs. On the environment and energy side, the Senate highlighted proposals for $138 million in additional clean water infrastructure funding, a $75 million increase to the Environmental Protection Fund, $95 million in restored parks capital, $200 million for the Energy Affordability Program, and $1 billion for Sustainable Futures 2.0, including a proposed revival of the NY STUN program. The Assembly said it increased the EPF to $500 million, raised clean water infrastructure funding to $800 million, and included targeted amounts for cities, rural housing-related water projects, Cornell Ag Tech, and the Center for Sustainable Materials Management. Democrats argued that high utility bills are driven by natural gas costs rather than clean energy, while Senate and Assembly Republicans said the CLCPA and other energy mandates are increasing costs and should be reconsidered. Agriculture remarks focused on research, farm support, and resilience. Senator Hinchey described funding for Cornell’s COWS program, Farm to School amendments, $7 million for farm worker housing, and a new $20 million Farm Weather Resiliency Grant Program. Chair Lupardo said the Assembly added $16 million over the Governor’s proposal for educational research and outreach, restored support for beginning and disadvantaged farmers, and backed dairy, livestock, hemp fiber, and natural fibers initiatives, while also accepting $30 million in farmer tariff relief if guidelines are set. Minority Assembly Member Tague supported dairy infrastructure funding but criticized the farm labor overtime phase-down and the CLCPA’s impacts on farms. Housing discussion centered on major capital and assistance programs. The Assembly proposed $200 million more for the Housing Access Voucher Program, $100 million for Mitchell-Lama and NYCHA, $50 million for down payment assistance, $4 million for fair housing testing, land banks, and $40 million for the Homeowner Protection Program. The Senate outlined similar priorities, including $500 million for NYCHA, $100 million for Mitchell-Lama preservation, $250 million total for HAVP, and additional funding for mixed-income rental development, vacant rentals, senior housing, and block-by-block infill. Chair Rosenthal said rent stabilization was not being changed in the budget, while Republican members argued that affordability requires lower taxes, lower utility costs, and fewer regulatory burdens. No votes were taken; the meeting was an opening round of budget negotiations and ended with closing remarks from both sides.

Transcript Highlights:

• That doesn't include co-ops and municipal utilities.
• So the co-ops and municipal utilities.
• <00:47:01.440> are compared to what the utilities are compared to what the utilities are asking
• And we have public utilities commission.
• utility shut offs are at record levels. utility shut offs are at record levels.

Keywords: 1187, senate, all

Transcript Highlights:

• We really don't have the funding to fully utilize our asset plans.
• So we are underfunded to adequately utilize those asset plans.
• And so we do utilize some of our preservation dollars to look at pavements and bridges and utilize a
• And so we utilize them.
• And so we would utilize that to get that work going.

Summary: The Senate Transportation Committee devoted its meeting to a presentation from Troy Suing of the Department of Transportation on state highway preservation needs. Suing said DOT is a leader in asset planning, but that current funding is not enough to keep up with the condition of highways, bridges, and other assets. He distinguished operations and maintenance from preservation, and described the preservation program’s main parts: pavements, bridges, and other highway facilities such as slopes, rest areas, signal systems, retaining walls, and culverts. Suing reported that about 40% of state roads are already overdue for preservation and that, with current funding, as much as 85% could need preservation within 10 years. He said there are more than 7,900 lane miles currently due, and that delaying work past the “lowest life cycle zone” increases risk and can cost three to five times more later. For bridges, he said the state has about 3,400 bridges, an average age of 52 years, and roughly 10% are over 80 years old; the share of bridges in poor condition is about 9.9%, near the federal threshold that could trigger more federal oversight. He also highlighted culvert failures, including one on SR-510, and the closed Carbon River Bridge on SR-165 as examples of how deferred preservation can lead to closures and community disruption. Committee members questioned the comparison to national asset management leadership, liability risk as roads deteriorate, the cost and regulatory burden of bridge projects, and whether DOT is relying more on its own crews for bridge work because of cost and urgency. Suing said the department is underfunded to fully implement its asset plans and is forced to focus on risk, emergent needs, and the most critical bridge work first. He said DOT’s 2026 supplemental budget identified preservation as one of five unfunded critical priorities and estimated a 10-year preservation need of $8 billion to address the backlog and become proactive again. Members discussed whether targeted funding in the next biennium could help move the state back toward the “green zone,” and the chair closed by emphasizing the real-world impacts of bridge and road failures and the need for legislative action.

Transcript Highlights:

• compliance with surface wire jar utility compliance with surface wire jar utility act<00:01:49.439
• utility, surface water drainage utility utility, surface water drainage utility as<00:08:34.159>
• I would utility as specified in 16.
• During today's utility rates.
• > and governs municipal utilities and governs municipal utilities and servicebased<00:24:30.000

Keywords: 916, all

Transcript Highlights:

• Under current Texas law, investor-owned utilities, municipally owned utilities, and telecommunications
• It's coming at a heavy price to us as an electric utility.
• Um, you know, you could joke about utility, you know, billable rates of utility lawyers versus litigators
• We have to pay our bills, we have to pay our utility, our employees.
• We have some services in some utilities in towns. Linnegar does too.

Transcript Highlights:

• Or rather the local utility needed to know if for their four.
• You outline ERCOT's ability to direct the utility to deploy the customer's on-site backups.
• Does the direction mean the utility is responsible for curtailing the load?
• And then they send notice to that utility.
• . in their interconnection requests, they set milestones to the utility.

Keywords: 1185, senate, all

Transcript Highlights:

• They'll work with the utilities to say who their customers are.
• They'll work with the utilities to say who their customers are.
• So we're seeing a huge jump in adoption and utilization across all of our partners.
• next year, that represents a $6.5 million utilization impact.
• So if you are participating in SMART, you don't... ...to the utilities.

Keywords: 995, all

Summary: The hearing focused on ways Massachusetts can accelerate solar deployment, lower costs, and preserve reliability as electricity demand rises and federal support for solar and other renewables changes. Chair Creem opened by emphasizing solar’s role in meeting climate mandates and peak demand, citing June heat-wave data showing behind-the-meter solar reduced wholesale prices and saved ratepayers money. Commissioner Elizabeth Mahoney of DOER said Massachusetts has grown from 3 MW of solar in 2008 to 3.5 GW today, highlighted SMART 3.0 as a flexible, evergreen incentive program, and said DOER is working on updated rates, interconnection reforms, flexible interconnection, net crediting, and a petition to the DPU to speed implementation. She also said Massachusetts joined the lawsuit over canceled federal Solar for All funding. Committee members and witnesses discussed several policy changes to speed projects before federal tax credits expire, including automated permitting, remote inspections, faster interconnection, and changes to caps on municipal and regional solar development. Senator Barrett pressed Mahoney on whether the 10 MW municipal cap and regional caps should be lifted, and on whether the state should increase its solar tax credit to offset the loss of the federal residential credit. Mahoney said the municipal cap should be revisited and that interconnection cost allocation and other market issues need to be worked out before lifting broader caps. She also said DOER is open to automated permitting and is already developing a permitting portal under the 2024 climate law. Industry and advocacy witnesses largely supported streamlining measures. Sunrun’s Bronte Payne urged removal of a proposed requirement that all net-metered facilities enroll in SMART, and recommended automated permitting, remote inspections, flexible interconnection, better hosting-capacity information, consumer protections, and continued support for Connected Solutions and virtual power plants. Permit Power’s Hannah Bernbaum and Solar App’s Matthew McAllister argued that smart permitting and remote inspections can significantly reduce soft costs and delays, with McAllister saying Solar App now operates in over 320 jurisdictions and saves about three weeks on average. They said remote inspections are already common and can be done safely with photos, video, and qualified third parties. Community solar and clean energy advocates, including CCSA’s Kate Daniel and Vote Solar’s Lindsay Griffin, supported a 10 GW solar target by 2035, a higher refundable state tax credit for low-income households, interconnection reforms, flexible interconnection, and preserving the option to build outside SMART so projects can retain renewable energy certificates. No votes were taken; the hearing was informational, and members requested follow-up materials and draft language from witnesses.

Transcript Highlights:

• Yeah, so real quickly, this bill basically adds utility workers to the criminal...
• assault, as long as you knew that they worked for a utility.
• And I asked about utility workers. Why do we have to add utility workers?
• I don't think a utility worker would be in a bar on official...
• And I asked about utility workers. Why do we have to add utility workers?

Keywords: 1182, all

Summary: The House opened with prayer, the Pledge of Allegiance, approval of the prior journal, and several recognitions and proclamations, including a doctor of the day introduction, a thank-you to members who supported care packages for deployed troops, a visit from Mom’s Demand Action, and a proclamation honoring the 205th anniversary of Greek Independence Day. The chamber also announced committee substitutions, bill referrals, and the day’s calendar, then moved into Committee of the Whole to consider measures on the calendar. In Committee of the Whole, the House recommended do pass on Senate Bill 1125, which was described as a response to child welfare and tribal communication issues raised after the Emily Pike tragedy; members noted the Department of Child Safety supported the bill. The committee also adopted an agreed floor amendment to Senate Bill 1193 and recommended it do pass as amended; discussion focused on protecting EMTs and paramedics from disclosure of private information sold through vendors. Senate Bill 1448 was also amended and recommended do pass; the bill would add certain utility, telecommunications, and video service workers to aggravated assault protections when they are engaged in work duties, and members debated whether the protection was appropriately limited to on-duty work situations. The House then adopted the Committee of the Whole report and referred the amended bills to engrossing. In open session, Senate Bill 1023 passed 43-10 and Senate Bill 1211 passed 53-0. The House also received announcements about upcoming committee meetings and a personal privilege proclamation designating April 26 to May 2, 2026, as Arizona Water Professionals Week. The chamber adjourned until 1:15 p.m. on Wednesday, March 25, 2026.

Transcript Highlights:

• I want to convene today's hearing of the Assembly Committee on Utilities and Energy.
• And the issues that the utilities are raising are real ones.
• I think these things should be handled through master agreements with utilities.
• So we have our utilities like PG&E or Southern California Edison. ...utilities commission jurisdiction
• Grid utilization—there are a couple of bills that have been introduced this year.

Summary: The Assembly Committee on Utilities and Energy heard SB 1259, which would require refineries to provide advance closure and remediation planning information, and SB 1425, which would authorize the High-Speed Rail Authority to create a permit process for encroachments in its right of way. The committee also held an informational hearing on California electricity reliability and the future of the Strategic Reliability Reserve. The chair opened by noting the hearing room change, testimony limits, and that the committee would proceed without a quorum at first, then later established quorum for votes. On SB 1259, Senator Blake Spear argued the bill would give communities and state agencies needed information to plan for refinery closures, cleanup, and land reuse, comparing the requirement to estate planning. Supporters, including Benicia City Councilmember Carrie Birdseye and UC Santa Barbara professor Ranjit Schmook, said the bill would help communities facing refinery closures avoid being left without information and better prepare for redevelopment and remediation. Opponents, including the Western States Petroleum Association, the State Building and Construction Trades Council, and business groups, argued the bill could send negative market signals, create conflicts with federal reporting, and potentially accelerate refinery closures. The committee passed SB 1259 on a 7-3 vote, later reopening the roll and recording additional votes before moving it out as amended to Appropriations. On SB 1425, Senator Cortese and sponsor Robert Pearsall said the bill would help the High-Speed Rail Authority manage utility, broadband, drainage, and vegetation encroachments along the project corridor and reduce delays. Labor and construction groups supported the measure as a way to add certainty and speed project delivery. Utilities and local agencies, including LADWP, Southern California Gas, Southern California Edison, PG&E, and others, opposed unless amended, saying the bill needed clearer language on emergencies, existing agreements, and potential impacts on their own rights of way and service obligations. After discussion about emergency language and utility coordination, the committee passed SB 1425 as amended to Appropriations on a 10-3 vote. In the oversight hearing, CEC, CPUC, CAISO, and DWR officials reported that California’s summer reliability outlook is better than in prior years, with substantial new procurement, storage, and demand-response resources added since 2020. They said the state is projected to meet its summer reliability standard and has not needed a flex alert for three straight years, but cautioned that extreme heat, fire, hydro conditions, and federal policy uncertainty still pose risks. Officials emphasized that the current Strategic Reliability Reserve remains important as a backstop, while longer-term planning must address rising demand from electrification and data centers and the eventual retirement of emergency resources.

Transcript Highlights:

• Devin is utilizing surfactants.
• If you utilize it in a... You get a five-year incentive.
• If you utilize CO2 from coal, you get a 10-year incentive.
• And if you utilize it for a non-Bakken, you get X, and if you utilize it for this, you get Y.
• They want to fully utilize their own deposits.

Keywords: 908, all

Summary: The committee received a compliance and status update on Industrial Commission programs and the Bank of North Dakota. Staff reviewed appropriations and spending for several Industrial Commission funds and grant programs, including lignite research, oil and gas research, clean sustainable energy, grid resiliency, salt cavern analysis, and the new NDSU research and technology park grant. Members discussed the timing of reimbursements, uncommitted balances, and the structure of the pipeline capacity and enhanced oil recovery funding. The Industrial Commission also reported on its administrative budget, grant management system project, and recent leadership transitions across several agencies. Karen Tyler of the Industrial Commission described active grant rounds and the status of major projects. She said the Clean Sustainable Energy Authority approved three projects in its sixth round, with remaining uncommitted cash and loan capacity still available, though no new funding was appropriated this session. She also said the Oil and Gas Research Council approved six enhanced oil recovery projects and expects additional funding after a federal Department of Energy award replaces one project’s state funding. For grid resiliency grants, she said some projects have been funded, some commitments were returned or reallocated, and some DOE funds remain pending. She also updated the committee on the salt cavern business case study, which replaced an earlier larger development proposal, and on the NDSU research park grant, where the nonmatching portion was paid and the matching portion has moved slowly because the match must be in cash. Ron Ness then gave an extended presentation on enhanced oil recovery and North Dakota oil and gas trends. He said production remains steady, but future growth depends on infrastructure, especially gas takeaway and projects like the Bakken East pipeline. He argued that enhanced oil recovery using CO2, natural gas, surfactants, and other methods could extend Bakken production for decades, but that the state needs more CO2 supply, better storage, and updated tax and regulatory incentives. Members asked about lateral lengths, CO2 availability, pipeline impacts, and the role of the Strategic Petroleum Reserve, and Ness emphasized that the projects are intended to share technical learning across operators and attract follow-on investment. The Bank of North Dakota then presented its compliance report and strategic update. President Don Morgan said the bank’s mission remains to support North Dakota agriculture, commerce, and industry while cooperating with the state’s financial sector. He reviewed the bank’s main business lines: participation lending with community institutions, student loans, disaster lending, mission-based programs, and a new fintech-focused effort. Morgan said deposits are flattening, so the bank is managing balance sheet growth carefully, while still reporting improved net income and strong efficiency. He also introduced Rough Rider Coin as a bank-to-bank payment rail, not a public cryptocurrency, intended to speed and modernize payments within North Dakota’s banking and credit union system. Committee members asked about student loan eligibility, disaster program use, and how credit lines and liquidity would be affected if deposits shrink.

Transcript Highlights:

• Okay, we're going to start with a sidewalk utility.
• Okay, we're going to start with a sidewalk utility.
• Now the challenge with the sidewalk utility is its legal viability.
• And this modified stormwater utility fee would explain And this modified stormwater utility fee would
• Just curious about the sidewalk utility fee. I'm curious about the sidewalk utility fee.

Keywords: 904, all

Transcript Highlights:

• <00:37:18.760> so specifically to individual utilities so specifically to individual utilities
• <00:53:49.119> assets it's the useful life of utility assets it's the useful life of utility
• I'm the utility analyst of the Public Utilities Commission. I'm here on behalf of the commission.
• > here the Public Utilities Commission I'm here the Public Utilities Commission I'm here on<01
• as to how to keep this utility as to how to keep this utility survivable<01:41:26.280> and

Keywords: 910, house, all

Summary: The committee heard testimony on several measures, beginning with SB 48 SD2 HD1 relating to combat sports. The Attorney General offered a technical comment on the bill’s effective date, and several testifiers from the combat sports community strongly supported the measure with amendments. They argued that boxing and MMA should be treated separately, that the current regulatory structure has made events too costly and reduced opportunities, and that more local oversight would help revive the sport and give youth a constructive outlet. Committee members questioned whether the bill’s medical staffing requirements would apply to boxing, MMA, or both, and whether the added requirements would increase costs and reduce access. The witness from the combat sports community said amateur boxing is already regulated through USA Boxing, that the DCCA should focus on professional boxing, and that for safety he would support two physicians and one ambulance for boxing and MMA events. The committee then took up SB 117 SD2 HD1 relating to transportation. The Department of Transportation and the Ulon Initiative testified in support, and the bicycling community was listed as supporting as well. Members focused on the bill’s rebate program for electric transportation devices, asking how successful it had been and whether removing the rebate would affect use. DOT said the program began in February 2023 and had issued about 500 rebates totaling roughly $166,000, aimed at helping people without vehicles access transportation options. The department explained that the bill would broaden access and increase the rebate amount, including additional assistance for low-income applicants. Finally, the committee heard SB 897 SD3 HD1 relating to energy and wildfire liability. The Division of Consumer Advocacy, the Public Utilities Commission, the Attorney General, Clearway Energy Group, Ulon Initiative, Kawai K, IBEW Local 1260, and Hawaiian Electric all testified in support, while the Hawaii Association for Justice was listed as opposed but not present. Supporters said the bill would help finance wildfire mitigation and infrastructure improvements through securitization, reduce wildfire risk, and address utility cost and credit concerns. Hawaiian Electric emphasized that the bill is forward-looking, would help protect customers from future wildfire-related cost increases, and requested amendments including a study on a future wildfire recovery fund. In questioning, members pressed Hawaiian Electric on the liability cap, asking whether it would have applied to the Maui wildfires and whether it would cover personal injury or wrongful death; the witness and company counsel clarified that the aggregate cap applies only to qualifying property damage, not personal injury or wrongful death, and said they would follow up on how the cap would calculate in a Maui-type event. Hawaiian Electric also said it would seek financing under the bill if enacted and updated members on settlement funding efforts, including raising the first $550 million in equity and divesting assets to help meet its obligations.