Transcript Highlights:

• For certain auto loan interest.
• from SIF for that program.
• And the last item on here is just an update on the school construction loan program.
• loan program.
• loans.

Keywords: 908, all

Summary: The Budget Section Leadership Division met with a quorum and approved the March 18 minutes. The committee first heard an update from the Petroleum Council on oil and gas activity in North Dakota. Ron Ness said production is expected to remain relatively flat at just under 1.2 million barrels per day, with efficiency gains and longer laterals helping offset lower rig counts. He discussed oil and gas prices, gas taxation, flaring concerns, northward movement of drilling activity, and the importance of new infrastructure and enhanced oil recovery (EOR) pilots. Members asked about gas taxation, natural gas liquids, pipeline impacts, and the outlook for Continental and other operators. Ness said the industry is likely to remain steady rather than see a major ramp-up or decline. Matt Pearl of the State Tax Department then explained the federal “big beautiful bill” and its effect on North Dakota income tax collections. He said the law extends or makes permanent several federal provisions and creates temporary deductions for seniors, tips, overtime, and auto loan interest, with the biggest state impact coming from the standard deduction increase and business tax changes. He revised earlier estimates downward, saying the net cash impact on state collections is likely in the $30 million to $35 million range after accounting for business prepayments and one-time FY25 oilfield transaction effects. Committee members asked which provisions apply to standard versus itemized returns. OMB staff gave a detailed update on major capital projects and facility funding. Topics included Capitol grounds improvements such as 18th-floor renovations, wayfinding, seating, lighting, tree management, and restroom and lobby upgrades; security work at the governor’s residence, which has been delayed by the discovery of human remains; and space reconfiguration efforts in Bismarck-Mandan to reduce leases and create shared offices and conference rooms. They also reported on the State Facility Maintenance Fund, including roof, window, boiler, and kitchen projects at state facilities, and on the state hospital project in Jamestown, which remains on budget and on schedule for substantial completion in winter 2027 and opening in spring 2028. OMB also updated the committee on the Minot North Central State Office Building, the use of federal State Fiscal Recovery Funds, and the status of legislative intent and trust fund reports, including school aid turnback, the school construction loan program, the Foundation Aid Stabilization Fund, the Legacy Fund, and the Strategic Investment and Improvements Fund. The committee ended by discussing future agenda items, including government efficiency, cash management, Bank of North Dakota lines of credit, and the rural health transformation program, and then adjourned.

Transcript Highlights:

• First is the Banking Development District Program, or BDD.
• So we oversee private student loan servicers.
• So many student loans at the federal level come with an opportunity for loan forgiveness if you're in
• If you refinance to a private loan, those opportunities can go away.
• are refinanced from federal loans.

Keywords: 993, senate, all

Summary: The Senate Banking Committee met for its first meeting of the session, with Chair James Sanders Jr. and Ranking Member George Borrello opening the hearing and noting a collaborative approach to committee work. The committee first considered and advanced several bills: S.114, which would prohibit state-chartered banks from investing in or financing private prisons; S.2040, which would require money transmitters to provide a consumer warning; S.5473, which would require disclosures in advertisements involving virtual tokens; and S.8406, Sanders’ bill to amend the community bank deposit program. Each bill was moved and approved by committee, with S.8406 passing unanimously. The committee then heard from Caitlin Azar, Acting Superintendent of the Department of Financial Services (DFS), who outlined her background and DFS priorities. She emphasized affordability, consumer protection, stability, and innovation, and discussed DFS-led initiatives in the governor’s budget, including Banking Development Districts, non-bank mortgage CRA regulations, CDFI investment guidance, and consumer restitution. She also said DFS plans to issue buy-now-pay-later regulations in February, expand student lending protections and borrower education, and continue work on insurance affordability, including auto and homeowners insurance reforms, anti-fraud efforts, and discounts tied to telematics, dash cameras, and safe-driving courses. Members questioned Azar about the balance between regulation and access, especially in crypto, buy-now-pay-later, and insurance markets. She said DFS aims to preserve competition while preventing discriminatory or excessive practices, and described existing oversight of virtual currency, including coordination with federal regulators. Another member asked about AI in auto insurance underwriting and pricing; Azar said DFS requires transparency, bias review, governance controls, and consumer recourse, and that credit scores cannot be used to deny or increase rates. The chair also raised concerns about foreclosure in Southeast Queens, improving BDD paperwork and data collection, and increasing the number of state-chartered credit unions. Azar said DFS is working on process improvements, community input, and maintaining open communication with the committee, but no additional votes or formal actions were taken during the DFS hearing.

Transcript Highlights:

• House Bill 2110 requires the sitcom program pilot program to follow the same rules set by the agency
• This is the loan program. Thank you, Mr. Chairman. You're now recognized.
• This is the loan program that's going to be developed for water infrastructure across Oklahoma.
• loan, low being as in 0% interest.
• interest loan, lobe being a state essentially offer a loan, low interest loan, low being as in 0% interest

Bills: HB4030, HB4031, HB4032, HB4033, HB4034, HB4035, HB4036, HB4037, HB4038, HB4039, HB4040, HB4041, HB4042, HB4043, HB4044, HB4045, HB4046, HB4047, HB4048, HB4049, HB4050, HB4051, HB4052, HB4053, HB4054, HB4056, HB4057, HB4065, HB4067, HB4071, HB4072, SB1144, SB1145, SB1146, SB1147, SB1148, SB1149, SB1156, SB1157, SB1158, SB1159, SB1161, SB1162, SB1163, SB1164, SB1165, SB1166, SB1167, SB1174, SB1175, SB1176, HB4030, HB4031, HB4032, HB4033, HB4034, HB4035, HB4036, HB4037, HB4038, HB4039, HB4040, HB4041, HB4042, HB4043, HB4044, HB4045, HB4046, HB4047, HB4048, HB4049, HB4050, HB4051, HB4052, HB4053, HB4054, HB4056, HB4057, HB4065, HB4067, HB4071, HB4072, SB1144, SB1145, SB1146, SB1147, SB1148, SB1149, SB1156, SB1157, SB1158, SB1159, SB1161, SB1162, SB1163, SB1164, SB1165, SB1166, SB1167, SB1174, SB1175, SB1176

Keywords: education funding, budget appropriations, public schools, teachers' retirement, early childhood education, aeronautics, infrastructure, funding, sustainability, Oklahoma, mining, operator fees, coal production, noncoal mining, department of mines, revenue, state budget, budgetary reform, financial legislation, fiscal accountability

Transcript Highlights:

• EPSCoR, it's the Established Program to Stimulate Competitive Research.
• EPSCoR is the Established Program to Stimulate Competitive Research and is a program started by the National
• Repayment Fund, continuing the provision of loans made pursuant to the Allied Health Student Loan for
• , providing for program administration by the New Mexico Mortgage Finance Authority, providing loans
• House Bill 168 continues: creating the New Homes for New Mexico program, providing for program administration

Keywords: 996, all

Transcript Highlights:

• staff<00:10:44.800> spaces, programming, site design, staff spaces, programming, site design
• program that has been moving forward. program that has been moving forward.
• tied our exercises to that that program. tied our exercises to that that program.
• a wider range of comprehensive programs a wider range of comprehensive programs due<00:31:36.440
• up by family members or by the program up by family members or by the program that<00:42:51.960>

Bills: SR185, HB2452, HB2329, HB2272, HB2273, HB2335, HB1656, HB2207, HB2289, HB1854, HB2581, HB20, HB2296, HB1707, HB2297, HB1890, HB2241, HB2474, HB1688, HB2546, HB1574, HB1546, HB2218, HB1163, HB1514, HB1749, HB2385, HB1576, HB1974, HB2022, HB1973, HB2005, HB1894, HB1515, HB1718, HB1591, HB2475, HB1721, HB1864, HB1946, HB1920

Keywords: Department of Education, capital improvement program, performance audit, infrastructure, transparency, state bonds, general obligation bonds, GO bonds, bond authorization, state debt limit, constitutional debt limit, Article VII Section 13, Hawaii bonds, state borrowing, public finance, capital improvement projects, supplemental appropriations, judiciary appropriations, refunding bonds, reimbursable bonds

Transcript Highlights:

• Rather than creating a new loan program, the bill draft before you does just that.
• loan.
• The only caveat for this would be subsection 5, which would create that carve-out for the loan program
• It would create that carve-out for the loan program that we're asking for, so it does not change the
• We'll see what's working in this program. We'll see what's not working in this program.

Keywords: 908, all

Summary: The committee opened with roll call and a review of special-session procedure: bills would be heard in filing order, with related school-lunch bills grouped together, and any bill advancing would require a motion, second, and majority vote to be introduced. Members also discussed that the committee was functioning much like a delayed-bills committee, with final referral to either Appropriations or Policy depending on the bill’s fiscal impact. The first major proposal was Senator Schibley’s bill to create a narrow, statewide Bank of North Dakota bridge-loan program for struggling nonprofit medical facilities, prompted by Jacobson Memorial Hospital’s financial crisis. He argued the hospital and surrounding EMS services could close without short-term help, while committee members questioned the added language, the population cap, the $10 million fund with $5 million per applicant limit, and whether the program could open the door to future requests. Representative Headland then presented two cleanup bills from the prior property-tax session: one to fix notice and tax-certification issues for local taxing districts, and another to correct how the primary residence credit is applied so taxpayers receive the full benefit rather than counties retaining part of the reimbursement. Members asked about township hearing timing, the estimated $10–15 million annual impact, and whether the credit issue could be fixed retroactively; Headland said the bill was intended to correct the problem going forward. Three school-lunch bills drew extensive discussion. Representative Vetter proposed a small administrative appropriation to add an FTE to help eligible families enroll in the existing free/reduced lunch program, saying the goal was to ensure needy children are signed up and that the state should not subsidize meals for wealthy families. Representative Nathe offered a broader bill mirroring the pending initiated measure but placing the program in statute instead of the Constitution, moving implementation up a year, and funding it with a one-time $65 million from the strategic investment fund; he said this would preserve legislative flexibility and avoid constitutional entrenchment. Representative Dressler proposed raising the state-funded eligibility threshold from 225% to 300% of poverty, arguing it would expand access while still preserving federal reimbursements and encouraging better enrollment systems. Members debated costs, future budget pressure, whether the bills set a precedent for responding to ballot measures, and whether the program should include breakfast and other operational details. Other proposals included Senator Powers’ bill to create a hyperbaric oxygen board and support rural access to hyperbaric chambers for wounds, concussions, PTSD, and other conditions; Representative Tolman’s reporting-requirements bill to force new or expanded programs to justify purpose, alternatives, evaluation methods, and full implementation costs; Representative Frelich’s bill addressing the ongoing redistricting litigation and what happens if the Supreme Court or lower courts alter the current map; and a bill requested by the Public Service Commission and ITD for FERC litigation support and ADA website/document compliance. The committee also heard a rural-health eligibility bill from Representative Twait aimed at steering federal rural health dollars toward rural providers, with questions focused on whether the mileage limits would exclude some communities. One Holocaust education item was deferred until the sponsor could be located.

Transcript Highlights:

• I'm one of the loan programs managers for the next couple of weeks. Um, good memories. Goodness.
• processing loans at $430,000; and our beginning farmer loan program, which has made such an impact in
• First, starting with our loan program.
• First, starting with our loan program.
• First, starting with our loan program,<00:09:46.320> uh<00:09:46.399> Tara<00:09:47.120

Keywords: Meeting Start 00:00:00 Attendance Roll Call 00:00:50 Approval of Minutes 00:01:21 KOAP Report 00:01:42 Community Farm Alliance and KY Double Dollars 00:20:25 Feeding Kentucky 00:40:55, 958, all

Summary: The Tobacco Settlement Oversight Committee received a monthly report from the Kentucky Office of Agricultural Policy and the A Development Board/Finance Corporation. Staff reviewed May activity, including county council visits, loan and grant approvals, farm safety funding, and support for beginning farmers, agricultural infrastructure, processing, and county/state projects. The committee also recognized an intern and thanked Tara Roberts for her service as she prepares to leave the agency. Members were reminded about a June 20 anniversary event marking 25 years of the office and related programs. A major topic was K-CARD, the Kentucky Center for Agricultural and Rural Development. Staff explained that the program is being expanded to provide more technical assistance for beginning farmers and farm families, including help with business plans and estate planning/farm transition discussions. Members asked how farmers would access the service and were told the extension office would be the front-line contact, with K-CARD providing the technical assistance and neutral-site consultations. The committee also discussed support for large food animal veterinarians. Staff said the incentive program has helped more than 33 veterinarians and is intended to support existing providers rather than quickly increase numbers; members raised concerns about the pipeline and selection process at Auburn University, and staff said discussions with the university were ongoing. The committee then heard from Community Farm Alliance on Kentucky Double Dollars, Fresh Rx for Moms, and farmers market support programs. CFA reported expansion to roadside stands, more retail onboarding, seven new counties, and estimated economic and farmgate impacts, emphasizing that state funding helps leverage federal and private dollars and stabilize local food access programs. No formal votes or legislative actions were taken beyond approving the May minutes.

Transcript Highlights:

• Program.
• This program provides down payment assistance as a grant or as a forgivable second lien loan to eligible
• Generally, Senate Bill 845 aims to add licensed social workers to the Homes for Texas Heroes Loan Program
• In 2003, through legislation, we came up with our program, the Homes for Texas Heroes program.
• I may add this program was created for Texas heroes, and that's the name of the program: Homes for Texas

Bills: SB250, SB375, SB536, SB845, SB1633, SB1944, SB1957, SB2081, SB2137, SB2262, SB2299, SB2419, SB2452, SB2522, SB2549, SB2594, SB2605, SB2631, SB2639, SB2675, SB3029, SJR60, HB22, HB1392, HB2525, HB22

Keywords: municipal annexation, railroad, adjacent areas, local government, property rights, healthcare provider, Harris County Hospital District, hospital funding, healthcare services, public health program, home loans, nurses, veterans, public servants, Texas Heroes program, low-interest loans, social workers, housing assistance, SB 1633, Texas Tax Code

Transcript Highlights:

• I think that's the revolving loan.
• Loan rates will be renovations.
• , Reinvestment Act motivated bank loans, Reinvestment Act motivated bank loans, philanthropic<00:
• <00:46:05.040> The trades education programs. The trades education programs.
• create such programs. create such programs.

Keywords: Meeting Start 00:00:07 Roll Call 00:00:25 Discussion of Lexington’s Housing Affordability Partnership 00:02:26 Discussion of Northern Kentucky’s Housing Blueprint 00:30:12 Discussion of Religious Institution Land Use 00:57:33 Discussion of Free-Market Solutions to Kentucky’s Housing Crisis 01:04:18 Adjournment 01:26:37, 958, all

Summary: The committee met without a quorum and began informally, with members noting this was the final information-gathering meeting on housing before a November meeting to discuss findings and report back to the LRC. The main presentation focused on the Lexington Affordable Housing Partnership, a public-private effort supported by a $10 million state allocation. Presenters described Fayette County’s housing shortage, citing a gap of more than 22,000 units, rising home prices, and the challenge of assembling land and capital for affordable projects. The partnership explained that five local banks created a $3 million capital investment fund to buy and hold land at no interest, with deed restrictions keeping the site at 80% or below area median income and allowing the banks to seek Community Reinvestment Act credit. The first project is a 12.5-acre former Transylvania University baseball field, planned for about 242 units, including detached homes, townhouses, garden-style apartments, and senior housing. Speakers said the project required extensive neighborhood engagement and zoning/development approvals, but that the planning phase is now largely complete and infrastructure work should begin soon. Financing details included roughly $64 million in additional funding through tax credit equity, market-rate loans, city support, Kentucky Housing Corporation resources, and donations from nonprofit partners. Developers said the multifamily bond applications are due to Kentucky Housing Corporation the next day, and they expect the land purchase to be repaid into the revolving fund once the property is entitled and closed, allowing the original $3 million to be redeployed for future projects. They estimated rental units could be filled within about six months of completion, while for-sale units would come online over 12 to 36 months. In discussion, members asked about regulatory barriers and project timelines. Presenters pointed to rising construction costs tied to new federal and state requirements, and one member highlighted the need to continue reviewing planning and zoning reforms to speed development plan approvals and reduce delays. The group also endorsed a possible statewide $20 million housing fund, a residential infrastructure fund, and efforts to avoid additional regulatory burdens on housing development.

Transcript Highlights:

• , which increases participation in the programs... ...school meal programs appeal to a wider variety
• By offsetting these costs via state grant and loan programs to finance capital expenditures, California
• Loans and loan guarantees for CAPEX and working capital through programs like CalCAP and IBank can unlock
• And then finally, the current $5 million cap for IBank's small business loan guarantee program is too
• And I had one question for Daniel regarding the iBank loan guarantee program that he referred to.

Summary: The Select Committee on Alternative Protein Innovation held its second informational hearing at UCLA, focusing on California’s alternative protein sector and the role of public institutions in expanding plant-based, fermentation, and cultivated protein options. Chair Ash Kalra opened by highlighting prior state investments in UC research centers, the importance of student engagement, and the hearing’s three panels: reducing the carbon footprint of institutional meals, addressing market challenges to scaling alternative proteins, and advancing future food research and workforce development. Assemblymember Isaac Bryan also briefly praised the committee’s work and its relevance to climate and health goals. The first panel featured Friends of the Earth, UCLA Dining, and the Los Angeles County Department of Public Health. Megan Jones described California school food efforts, including technical assistance and microgrants that helped districts expand plant-based meals, reduce water and carbon footprints, and improve student satisfaction. Pete Angelese explained how UCLA Dining uses concept-driven venues, sustainable purchasing, and marketing nudges to increase plant-forward choices, while Dr. Michelle Wood outlined Los Angeles County’s 2024–2025 board motions to expand plant-based options in county food venues and programs, including joining the World Resources Institute’s Cool Food Pledge. Committee members asked about costs, procurement, and how student and consumer behavior can be influenced. The second panel addressed market barriers to scaling alternative proteins. Zach Weston and Daniel Gertner emphasized that the sector faces a cost-and-scale trap, high capital needs, and financing gaps, and they recommended grants, tax credits, loan guarantees, procurement commitments, and workforce development. T.K. Pillen of Beyond Meat argued that the category has faced a recent downturn due to consumer skepticism, industry attacks on “fake meat,” and pricing pressures, and said the key to renewed growth is increasing demand through better taste, health, pricing, and messaging around “plant protein.” Panelists also discussed hidden subsidies and structural advantages for conventional animal agriculture, and committee members raised questions about iBank loan guarantees and supply chain challenges. The final panel highlighted UCLA’s research and training efforts. Dr. Amy Roet described the Future Food Fellows program, which trains students across disciplines in science, communication, leadership, and community-building, and supports research on scalable, safe, and nutritious alternative proteins. Corinne Smith shared her cultivated meat research and student leadership in the Alternative Proteins Project at UCLA. Dr. Janet Tomiyama presented consumer psychology findings showing that disgust, gender norms, and terminology strongly affect acceptance, with “plant protein” and “complementary proteins” testing better than “fake meat.” The hearing concluded with support for continued public investment, clearer messaging, and expanded education and workforce pipelines to help California remain a leader in alternative protein innovation.

Transcript Highlights:

• Do you run those programs through the...
• Two, get a payday loan or other sort of loan to try and pay that.
• They're short-term and high-interest-rate loans.
• What I will say is that 675 is the installment loan chapter.
• It takes the pilot program that was established with Assembly Bill It takes the pilot program that was

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:

• If you go to slide 8 on our Lone Star revolving loan program, you'll see the location where all of the
• loans that we've made over the history of the program, um, are, are, are, you can find that location
• So we've been able to do that through a combination of our grant program and our loan program.
• We manage the funds in-house and so because we're able to manage funds for this loan program, um, we're
• For, well, for the, for the loan program, we have, we have 2 FTs and 1.5 accountants managing the program

Transcript Highlights:

• SBA's programs, especially in the COVID-19 economic injury disaster loan or EIDL programs, kept their
• loan or EIDL programs.
• These same problems plague many of SBA's loan programs as I highlighted during last month's hearing on
• the 7a loan program.
• Because I am worried that the 7A loan program could require an... appropriation if those defaults are

Keywords: SBA, small business, nominations, Bill Briggs, Casey Mulligan, regulations, capital access, public support

Summary: The Committee on Small Business and Entrepreneurship convened to consider the nominations of Bill Briggs for Deputy Administrator of the SBA and Dr. Casey Mulligan for Chief Counsel for Advocacy. The discussions highlighted the critical role of the SBA in promoting small businesses, with emphasis on overcoming challenges posed by excessive regulations and the need for improved access to capital. Several committee members expressed their concerns over recent layoffs within the SBA and the closure of district offices, which they believe undermine support for small businesses across the nation. The committee meeting saw extensive dialogue about the implications of regulations on small business operations and how the nominees plan to address these issues if confirmed. Public support for the nominees was acknowledged through letters from various stakeholders who advocate for small business interests.

Transcript Highlights:

• Government's Fund A loan in the amount Government's Fund A loan in the amount of<00:31:40.799> $20
• c><00:33:55.840> approved principal forgiveness loan was approved principal forgiveness loan was
• And the last loan is for the Grayson County Water District’s Fund F loan in the amount of $7,848,000
• County Water District's uh fund F loan County Water District's uh fund F loan in<00:35:09.200>
• round two of the cleaner water program. round two of the cleaner water program.

Keywords: Reuploaded tor restore the roll call and minutes approval 0:00:01 Call to Order and Roll Call 0:00:20 Approval of Minutes 0:00:50 Information Items 0:01:39 Project Rpt from Eastern KY University 0:06:54 Lease Rpt from University of KY 0:11:33 Project Rpt from Finance and Admin Cabinet 0:18:50 Lease Rpt from Finance and Admin Cabinet 0:29:33 OFM – KY Infrastructure Authority 0:38:27 OFM – Debt Issues 0:46:27 Louisville Arena Authority 1:24:30 Adjournment, 958, all

Summary: The committee first approved the November minutes and received information items on University of Kentucky medical and research equipment purchases, five school districts reporting upcoming bond issues with no additional tax levies needed, and a School Facilities Construction Commission list of prior debt issues for fiscal year 2026. It then considered an appropriation increase for a University of Kentucky project at the Central Kentucky Regional Airport in Richmond. University officials said the project is 100% federally funded and will construct a terminal building tied to EKU’s airport operations and planned flight school. Members asked about the relationship to aviation expansion and whether the flight school would be publicly operated; the witnesses said EKU would operate it, public appropriations had already been applied, and student revenue would help offset costs. The committee approved the item by roll call vote. Next, the committee approved a University of Kentucky lease purchase for property at 415 West Sun Street in Morehead, Rowan County, for $6.4 million. UK said the property, which includes an 85,000-square-foot facility on 9.6 acres, is directly across from UK St. Clair and was offered by the Rowan County Board of Education after it moved to a new location. Members questioned why the payment schedule was structured as quarterly installments and why the price was below two appraisals; UK said the board requested the arrangement and did not want the full amount upfront, and there was no interest on the purchase price. The committee also approved this item. The deputy state budget director then reported three appropriation increases in the Tourism, Arts and Heritage Cabinet: a Ballard Wildlife Management Area pump station project, Lake Barkley State Resort Park emergency repairs, and Lake Barkley lodge wing exterior repairs. After questions, staff explained the Lake Barkley increases were mainly to cover construction contingencies because bids came in close to available funding. The committee approved the action items, then heard four no-action pool projects: HVAC upgrades at the FFA leadership training center in Hardinsburg, Kentucky School for the Blind’s McDaniel Scoggin building, KSD’s Brett Brady Hall, and a Kentucky State University Shanty Hall renovation for the School of Engineering Technology. Finally, the committee heard two real property items: a new CHFS lease in Wayne County and a Transportation Cabinet lease modification in Christian County. The Wayne County lease drew the most discussion, with members questioning the high per-square-foot cost and whether another county location could be used; CHFS said it maintains offices in every county seat, this lease would replace an existing 1977 office, and the new construction was negotiated down from a higher initial bid. The Christian County item was described as a replacement site for driver licensing space, with renovation costs partly absorbed by the lessor and the remainder amortized over the lease term.

Transcript Highlights:

• But it was a loan. It was a loan and now it's a grant. For 20 last year.
• But it was a loan. It was a loan and now it's a grant. For 20 last year.
• But it was a loan. It was a loan and now it's a grant.
• a loan out.
• a loan out.

Keywords: 1191, senate, all

Transcript Highlights:

• HB 984 updates the agricultural loan program by lowering interest rates, increasing and standardizing
• It authorizes the agricultural loan program to issue lines of credit and creates a new class of loans
• of credit denials, authorizes the agricultural loan program to issue lines of credit, creates a new
• Modifications to the state agricultural loan program should ensure equitable access to capital for farmers
• > Equitable Loan program should ensure Equitable Loan program should ensure Equitable access<01:53

Keywords: 910, house, all

Transcript Highlights:

• Programs.
• And the vast majority of the loans that we make are loans that generate program income that will help
• You'll get some prudent underwriting and sustainable programs.
• Loans are 15 to 30 years. Collateral is a minimum loan-to-value of 85%.
• The program existed. So we're duplicating a lot of that, right?

Keywords: 996, all

Transcript Highlights:

• my loan so I don’t lose my house.
• Thank you. point that they've been denied a loan point that they've been denied a loan modification<00
• These programs result in excellent outcomes: 97% of the participants successfully complete the program
• <00:40:42.440> so who exited programs as employed did so who exited programs as employed did
• the administrative assistant program the administrative assistant program while<00:46:31.240>

Bills: HF1027, HF101, HF1021

Keywords: mortgage foreclosure, redemption, foreclosure surplus, sheriff's sale, junior lienholder, mortgagor, homeowner protections, loss mitigation, dual tracking, foreclosure redemption period, certificate of redemption, certificate of sale, sheriff, county recorder, registrar of titles, homeownership center, lien priority, real property, foreclosure by advertisement, surplus funds

Transcript Highlights:

• But the HUD program requires collateral for their loan, so in the HM case they use a rental house revolving
• Finally, we'll note that a loan rather than a grant program, or an investment rather than a grant program
• Finally, we'll note that a loan rather than a grant program, or an investment rather than a grant program
• rather than a we'll note that a loan rather than a grant<01:34:10.239> program<01:34:10.960><
• <01:34:12.440> an grant program or an a loan or an grant program or an a loan or an investment

Keywords: 912, senate, all

Summary: The joint Housing and Public Safety/Water and Land hearing first took up HB 1096, which would repeal statutory tenant-selection preferences for disabled veterans and spouses of deceased veterans in state low-income housing. HPHA testified in support, saying the change was a housekeeping measure because the same preferences already exist in administrative rules and could be adjusted later to align with other local preferences, while also noting the federal VASH program provides stronger veteran housing support. Several members questioned why the preference should be removed at all, emphasizing that veterans have long been underserved and asking for a stronger justification; the committees ultimately deferred HB 1096. The later Housing/Hawaiian Affairs agenda heard HB 606 HD1, a measure to extend Act 279 funding and related exemptions for the Department of Hawaiian Home Lands. Supporters argued the bill would give DHHL more time to use the $600 million appropriation to acquire land, work with developers, and address a wait list of about 29,000 applicants, while also helping restore Hawaiian communities and reduce the Hawaiian diaspora. Opponents focused on accountability and oversight, saying DHHL needs clearer plans, measurable goals, and stronger safeguards before receiving more money, and warning that prior spending and strategic-plan changes had reduced the number of applicants served. The committee also heard testimony that the bill would help DHHL fulfill long-standing obligations to Native Hawaiians and that the housing need affects the broader state, not only Hawaiian Home Lands beneficiaries.

Transcript Highlights:

• Now I'm going to break out rp and programs for says are are are in program.
• When we look at our current programs, I'm going to present the are in programs divided by program type
• , the ad and programs and the DS and programs statewide.
• the approved programs.
• You know, we were talking earlier about the loan forgiveness that the prophet, the program that they

Keywords: 999, senate, all