Video & Transcript : 'SBA lending' :

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MN

Minnesota 2025-2026 Regular Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 3/24/26

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • SBA, USDA, and the CDFI Fund.
  • providing banks with lending-ready [clears throat]<00:04:00.800><c> clients</c><00:04:01.720><c> and
  • </c><00:04:50.320><c> Many</c><00:04:50.560><c> of</c> SBA, USDA, and the CDFI Fund.
  • Many of SBA, USDA, and the CDFI Fund.
  • 58.560><c> the</c><00:04:58.680><c> USDA's</c> includes SBA Prime Awards, the USDA's includes SBA Prime
Bills: HF3878 , HF4131 , HF3796 , HF4097
FL
Transcript Highlights:
  • MENTORING PROGRAM WITH OUR ECONOMIC DEVELOPMENT TEAM AND HAVE REACHED TO THE MAXIMUM CAPACITY OF LENDING
  • REVIEWED AND GIVEN MENTOR SHIP TO GROW BUT THEY ARE ALSO ABLE TO ACCESS A POT OF FUNDING THAT CAN LEND
  • I PAID THE MONEY BACK AND WAS SUBSEQUENTLY ABLE TO GET AN SBA LOAN BECAUSE I HAD GREAT CREDIT WITH THEM
  • THE FEEDBACK WE RECEIVED IS THEY STRUGGLE TO FIND THE ACTUAL VALUE THEY LEND OF THE APPOINTMENT.
CA
Transcript Highlights:
  • As the SBA severs business owners from the safest avenues for access to capital, lenders are taking advantage
  • I would posit that the ninth wonder might be fractional reserve lending.
  • The Legislature may want to ensure that the lending programs already authorized by this Legislature here
  • The Legislature may want to ensure that the lending programs already authorized by this Legislature are
  • The question is how we, in a smart way, in a way that interacts with other types of lending and private
Summary: The Assembly Banking and Finance Committee met and first approved the consent calendar, which included AB 2028, AB 2425, and committee bill AB 2795, all sent to the Committee on Appropriations. The committee also noted that AB 2558 and AB 2746 had been pulled from the agenda. The chair reviewed hearing procedures, including acceptance of written testimony and rules against disruptive conduct. The committee then heard AB 2116, which would require registration and basic conduct standards for certain small-business financing providers, including merchant cash advance companies, and prohibit confessions of judgment and power-of-attorney provisions before default. Supporters argued the bill would close an oversight gap and improve transparency for small businesses; a small business owner testified that a purported 13% loan turned out to have a 235% APR. Opponents said the bill mixed consumer and commercial regulation and could restrict access to capital, though they supported banning confessions of judgment. The bill passed on a roll call vote and was sent to Appropriations. AB 2243, by Assembly Member Haney, proposed creating a state bank commission to study whether California should establish a state bank or other public financing tools. Supporters said a public banking model could reduce borrowing costs, keep more public money in-state, and better finance housing, infrastructure, and other public priorities; opponents from banking groups raised concerns about taxpayer exposure, deposit guarantees, and the use of public funds and existing lending structures. The bill passed and was sent to Appropriations. The committee also heard AB 2350, which would set guardrails on rent-now-pay-later products for rental housing; supporters said these products can lead to high fees, debt, and eviction risk, while industry groups opposed the bill unless amended. AB 2350 passed as amended and was sent to Appropriations. At the end of the meeting, the committee completed roll calls for absent members and adjourned.
FL

Florida 2026 Regular Session

Appropriations Committee on Transportation, Tourism, and Economic Development Apr 15th, 2025

Appropriations Committee on Transportation, Tourism, and Economic Development

Transcript Highlights:
  • smaller mentoring program with our economic development team and have reached the maximum capacity of lending
  • reviewed, they're given mentorship to grow, but they're also able to access a part of funding that can lend
  • I paid that money back and was subsequently able to get an SBA loan because I had great credit with them
  • many people who are appointed to these councils have said they struggle to find the actual value they lend
  • That it is an appointment to show up and... ...they lend via the appointment, that it is an appointment
Summary: The Appropriations Committee on Transportation, Tourism, and Economic Development heard three bills after temporarily postponing SB 1524. The committee first took up CS for SB 1264, a broad economic development bill covering law enforcement recruitment bonuses, venture capital tax credits, data center tax exemptions, military land transfers, Space Florida procurement exemptions, and changes to regional planning councils. An amendment was adopted to remove sections tied to emergency management shelter plans so the bill would align with another measure. The main debate centered on the proposal to repeal regional planning council statutes; supporters argued the councils are duplicative and bureaucratic, while opponents said they provide valuable regional coordination, technical assistance, and grant support, especially for rural communities. The bill was reported favorably 13-1, with Senator Sharif voting no. The committee then considered CS for SB 1348, which streamlines motor vehicle services by expanding the role of tax collectors as DHSMV agents. Three amendments were adopted: one making the scalping of driver and motor vehicle appointment slots a misdemeanor, one increasing penalties for texting while driving and requiring a new distracted-driving course to remove points, and one allowing veterans with DV plates to use a sticker instead of a stencil or imprint. The bill received supportive testimony from tax collectors and law enforcement-related groups and was reported favorably without opposition. Finally, the committee heard SB 936, which directs the Department of Commerce’s workforce research bureau to conduct a recurring statewide study every three years on the effects of automation, robotics, and AI on Florida’s workforce. The sponsor said the study would have minimal fiscal impact and would help guide policy recommendations. With no opposition or debate, the bill was reported favorably. The committee then adjourned after brief closing remarks thanking staff and members.
WA

Washington 2025-2026 Regular Session

Senate Housing Jan 16th, 2026 at 10:30 am

Housing

Transcript Highlights:
  • lending and not first mortgage lending for homebuyers.
  • For many, many decades, we've tightened some of the language in particular to clarify mortgage lending
  • The concern, of course, is opening wide open the direct lending without identifying the nature of the
  • In its current form, I definitely want to clarify that we are not— the commission is not direct lending
  • Yeah, so it's functionally construction lending. So it's paid once the building is built.
Bills: SB6018 , SB6026 , SB6027 , SB6028 , SB5937 , SB5938
Committee: Senate Housing
KY
Transcript Highlights:
  • Small business is determined by the SBA and generally it's about $2.5 million is their threshold for
  • We also want to give them by the SBA and generally it's about $2.5 by the SBA and generally it's about
  • They don't necessarily have the capacity, lending partners, you know.
  • They don't necessarily have the capacity, lending partners, you know.
  • They don't necessarily have the capacity, lending partners, you know.
Summary: The August 2025 interim meeting of the Commission on Race and Access to Opportunity began with roll call, confirmation of a quorum, approval of the June meeting minutes, and welcoming a new member, Ivonne Smith, who noted her background in MWBE and DBE work. The chair also offered condolences to a member whose father recently passed away and explained that the committee had invited agency officials to answer questions raised at the prior meeting. The first presentation was from Singer Buchanan of the Kentucky Finance and Administration Cabinet, who described the state’s equal opportunity and contract compliance office and its certification programs for service-disabled veteran-owned small businesses and minority/women business enterprises. He outlined outreach efforts, including partnerships with veterans’ organizations, the Kentucky Department of Veterans Affairs, UK, and transportation-related groups; explained that the programs are intended to expand market access rather than provide grants; and said the office has moved to an online application portal that has processed 227 new applications since December 2023. He reported 536 total vendors across the programs, including 29 service-disabled veteran-owned small businesses, and said the office is considering website testimonials to improve outreach. Members asked about staffing, application assistance, and whether the state program conflicts with federal policy; Buchanan said the office has three staff members and that the program is state-funded and, based on legal advice, should continue under Kentucky law. Tony Yusefi of the Kentucky Transportation Cabinet then presented on the federal Disadvantaged Business Enterprise program. He explained the program’s legal basis under federal DOT regulations, its eligibility standards, and its purpose of creating a level playing field while helping firms grow and eventually compete without assistance. He described certification requirements, annual documentation, prompt-payment protections, commercially useful function reviews, good-faith effort requirements, and sanctions for violations. He also discussed barriers facing DBEs, including access to capital, bonding, insurance, training, and prequalification requirements, and noted that 50 firms were removed last month for noncompliance with annual documentation rules. Yusefi said the cabinet has expanded supportive services, including an online application platform, bid notifications, and a nine-class business development program; 95 DBEs are enrolled this year, and the bid-matching system reaches an average of 377 DBEs monthly.
CA
Transcript Highlights:
  • of effective financing because it means that there is a lot more risk imbued into the process of lending
  • I'm also working with the federal government with Merabas on SBA loans because they are very restrictive
  • On SBA loans, because they are very restrictive and have been very problematic as it relates to insurance
  • and the insurance claims coming in, taking away from the ability to draw down SBA loans.
Summary: The Assembly Housing and Community Development Committee heard several housing-related bills. SB 996 by Senator Padilla would let manufactured homeowners opt to title their homes as real property, with supporters saying this would improve access to conventional mortgages, consumer protections, and lower-cost financing. SB 866 by Senator Blakespear would require cities and counties to include homelessness-related information in their annual housing element reports, with supporters saying the bill would improve transparency, regional coordination, and accountability around homelessness funding and services. The committee also heard SB 1090 by Senator Perez, which would impose a temporary moratorium in Altadena on certain state housing density laws after the Eaton Fire. Supporters, including Supervisor Catherine Barger and many Altadena residents, argued the bill would protect fire survivors from speculative investors and give families time to rebuild and return home. Opponents argued the bill could limit tools that homeowners need to finance rebuilding and could reduce future housing production. After extensive testimony, the committee passed SB 1090 to the Assembly Local Government Committee on a 10-0 vote. SB 1388 by Senator Durazo would create an Affordable Housing Risk Reduction Program to help affordable housing providers reduce insurance costs through technical assistance and risk-mitigation support. Supporters said rising insurance premiums are threatening the viability of affordable housing developments and existing units. The committee also reconsidered and then voted on SB 1092, which was taken up only for reconsideration and final vote; after a split vote, the bill ultimately passed the committee. Final recorded votes showed SB 866 and SB 996 passing unanimously, SB 1388 passing with one no vote and one not voting, and SB 1092 passing 7-5 after reconsideration.
CA

California 2025-2026 Regular Session

Assembly Housing and Community Development Committee Jul 1st, 2026

Housing and Community Development

Transcript Highlights:
  • of effective financing because it means that there is a lot more risk imbued into the process of lending
  • I'm also working with the federal government with Merabas on SBA loans because they are very restrictive
  • On SBA loans because they are very restrictive and have been very problematic as it relates to insurance
  • and the insurance claims coming in, taking away from the ability to draw down SBA loans.
MN

Minnesota 2025-2026 Regular Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 3/4/26

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • </c> these organizations uh have been lending these organizations uh have been lending partners<00:16
  • , not racial, but geography-based lending.
  • Um nearly 60 uh percent were lending.
  • We are approaching our full allocation of lending.
  • So that is part of lending with banks.
LA

Louisiana 2026 Regular Session

Appropriations Mar 3rd, 2026

Appropriations

Transcript Highlights:
  • The largest portion from this comes from unclaimed property funds, securities lending program fees, and
  • They have put up some disaster assistance for the areas affected by these storms, but it's SBA loans,
  • And so, you know, that would be... ...the availability of low-interest SBA loans.
TX
Transcript Highlights:
  • 2677 requires a commercial sales-based financing (MCA) provider to be transparent and follow fair lending
  • There's evidence of staff indicating it's kind of a predatory lending type procedure, similar to a payday
  • lending scenario.
  • I would suggest to you the SBA that I'm familiar with and other finance agreements typically cover all
  • By engaging in predatory lending tactics, such as the practice of the confessed judgment. ...and it has
MN

Minnesota 2025-2026 Regular Session

Committee on Jobs and Economic Development - 03/05/25

Jobs and Economic Development

Transcript Highlights:
  • Adrian is the Vice President of Lending for MAA, and so when you get an opportunity, state your name
  • </c> little bit about from The Lending little bit about from The Lending standpoint<00:42:51.800><c>
  • </c> resources we took up the entire lending resources we took up the entire lending and<00:58:05.039
  • I echo all the suggestions from the other team members about the lending program.
  • </c> other team members about the lending other team members about the lending program<01:21:12.960><
WY

Wyoming 2026 Regular Session

Joint Appropriations Committee, April 30, 2026 - PM

Appropriations

Transcript Highlights:
  • That's also an SBA federally funded, no cash match required program that will sunset this August.
  • In terms of access to capital, we were awarded a Growth Accelerator Fund competition prize by the SBA
  • >> Uh, Miss Columley, you had mentioned the funding that you had, a SBA growth grant.
  • </c> multiplied and it's another lending multiplied and it's another lending avenue<02:05:58.960><c>
  • </c><02:12:56.000><c> Um</c> lending capacity than Matiti. Um lending capacity than Matiti.
OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget Apr 20th, 2026

Joint Committee on Appropriations and Budget

Transcript Highlights:
  • These companies are a great fit also for our SBA lending, which sends business to our banks in the state
Summary: The committee considered a series of bills largely focused on reappropriating and closing out ARPA-related funds, transferring interest earnings, and filling funding gaps in existing state projects. Measures included funding for the Health Care Workforce Training Commission, juvenile services in Rogers County, rural hospital rebuild projects, DHS-related projects for Boys and Girls Clubs and the YWCA, water and wastewater projects through the OWRB, ALS grant limits for OSDH, pandemic relief accounting, administrative costs for ARPA projects, pediatric cardiology and OSU-related projects, rural industrial park and port water/wastewater gaps, and emergency response grants through the Department of Emergency Management. Most of these bills were presented by Rep. Newton, Chairman Caldwell, Speaker Hilbert, Rep. Osborne, Rep. Hill, and others, with committee substitutes adopted without objection where noted. One bill, House Bill 4028, drew the most discussion. It would extend the sunset on the qualified equity investment deduction for venture capital investments. Members questioned the lack of program-specific evaluation data, including return on investment, jobs created, and how much of the tax deduction had actually been used. The sponsor said the program had helped grow Oklahoma venture capital and that he would seek better data, but argued the sunset should be extended for now. The bill passed 23-6. Another extended exchange centered on House Bill 4063, which combined measures related to placing state questions on the August ballot, including HJR 1024 and a bill tied to House Bill 1440. Members raised concerns about single-subject issues, ballot timing, voter turnout, and whether combining the measures limited legislators’ options. The Speaker defended the approach as election-related and noted prior precedent. The bill passed 23-6. The remaining bills were approved overwhelmingly, generally by votes of 27-0, 28-0, or 29-0, and were reported out with due pass recommendations before the meeting adjourned.