Transcript Highlights:

• appreciate that the governor did take this upon his budget and as a budget item and it has more intangible
• I saw a benefit to it and this would greatly enhance that for the spreading of the word So the intangibles
• So, issue number six is the asset forfeiture accounts.
• Spending authority increase, and this is to increase the FTB's spending authority for the asset forfeiture
• And these equitable share assets, there is a parameter for usage.

Keywords: 988, house, all

Transcript Highlights:

• The federal government, through the global intangible low-taxed income, what we're calling GILTI, provision
• So first, GILTI, or global intangible low-taxed income, is a federal construct created in 2017 and intended
• It takes a really valuable and tangible asset like trademarks and puts it in the tax haven.
• GILTI stands for global intangible low-tax income; that's exactly what this is, and the federal law claws
• this year's budget, which stopped MassHealth from moving forward with the plan to increase the senior asset

Keywords: 995, all

Summary: The Joint Committee on Revenue, chaired by Senator James Eldridge and Representative Adrian Madaro, opened its hearing with a moment of silence for the late Lowell State Senator Ed Kennedy and reviewed hearing procedures and deadlines. The committee then took testimony on several corporate tax bills, including S. 2033/H. 3110 on offshore tax avoidance, H. 3248 on a manufacturing tax exemption, H. 3057 on a tiered corporate minimum tax, and S. 2041 on a corporate tax haven blacklist, along with a separate business interest deduction bill. No votes were taken during the hearing. Supporters of S. 2033/H. 3110, including labor unions, health care workers, educators, public health advocates, seniors, and several legislators, argued that Massachusetts needs new revenue to offset federal cuts to Medicaid, SNAP, health care, education, and other services. They said the bill would raise roughly $400 million annually by increasing the share of offshore profits included in the state tax base from 5% to 50%, and they framed it as a fairness measure that would require large multinational corporations to pay more while leaving most local businesses and workers unaffected. Testimony emphasized risks to MassHealth, PCA services, adult dental care, hospitals, schools, and public health programs if new revenue is not raised. Opponents, including the Mass Taxpayers Foundation and the Council on State Taxation, argued the proposal is poor tax policy and likely unconstitutional because it would tax foreign-source income without allowing foreign tax credits or a comparable apportionment method. They said Massachusetts should take a broader, coordinated approach to federal tax changes rather than a standalone bill, and warned of litigation risk and possible double taxation. Supporters such as MassBudget and former tax counsel Don Griswold countered that the bill is a reasonable rough-justice approach, consistent with federal and neighboring-state treatment, and that it would primarily affect a small number of very large multinationals. On S. 2041, the Global Business Alliance opposed the proposed tax haven blacklist, while supporting a separate bill allowing business interest deductibility.

Transcript Highlights:

• the mix, onto the grid, and then for homeowners it adds value to their home, which is their largest asset
• the mix, onto the grid, and then for homeowners it adds value to their home, which is their largest asset
• had fossil fuel subsidies around, and it's actually more than 100 years. 1913 was when the first intangible
• had fossil fuel subsidies around, and it's actually more than 100 years. 1913 was when the first intangible
• had fossil fuel subsidies around, and it's actually more than 100 years. 1913 was when the first intangible

Keywords: 1183, house

Transcript Highlights:

• in<01:14:09.760> the In the 2023 tax bill, one of the sources of revenue was global intangible
• And uh there intangible low tax income.
• if you asked any working Minnesotan if this is a fair reflection of their contribution to our tax assets
• I'm<01:44:51.440> certain<01:44:51.679> they<01:44:51.920> would tax uh assets
• , I'm certain they would tax uh assets, I'm certain they would agree<01:44:52.320> that<01:44:

Keywords: 1187, senate, all

Transcript Highlights:

• This is where the assets and needs come from.
• We need to focus on the assets just as much as on the needs.
• This is where the assets and needs come from.
• asset mapping of our communities, not just of our students, the assets of our students, not just the
• assets of our educators in our schools... ...not just of our students, the assets of our students, not

Summary: The joint informational and oversight hearing focused on community schools in California, with members emphasizing that the purpose was to examine effectiveness, implementation, and sustainability rather than the Governor’s budget proposal. The California Department of Education described the California Community Schools Partnership Program, created in 2021 and funded with more than $4 billion, including planning, implementation, extension, and county coordination grants. Officials said nearly 2,500 schools are participating and highlighted the statewide technical assistance structure, including the State Transformational Assistance Center, eight regional centers, county offices, and CDE support. Researchers from the Learning Policy Institute and UCLA presented early findings and implementation data. LPI reported reductions in chronic absenteeism and suspensions, along with gains in math and English language arts, with especially large benefits for Black students and other historically underserved groups. UCLA described the Annual Progress Report as a statewide improvement tool showing growth in capacity-building, shared decision-making, whole-child supports, and continuous improvement. Members asked about how the reports measure outcomes, how to interpret outliers, and how to distinguish community schools effects from other concurrent initiatives; presenters said matched comparison methods and deeper case-study work are being used, with additional statewide findings expected in June. Panelists from Oakland Unified, LAUSD/UTLA, San Diego Unified, and advocacy organizations described key elements of success: integrated student supports, strong family and student engagement, collaborative leadership, community partnerships, and school-site decision-making. They gave examples such as wellness centers, dual enrollment, student senates, parent leadership, and community campaigns that built trust and increased participation. Members also raised concerns about sustainability, implementation fidelity, and whether community schools improve participation in LCAP processes. Presenters said major barriers include unclear early guidance, the need for a mindset shift away from top-down models, and uncertainty about long-term funding for coordinators and other staff. The panel’s recommendations centered on stable ongoing funding, stronger technical assistance, shared governance, and embedding community schools practices into district and county systems.

Bills: HB471, HB798, HB947, HB1140, HB1186, HB1195, HB1222

Keywords: surveillance, price discrimination, consumer protection, automated decision systems, data privacy, broadband, cable service, price increase, notification, digital assets, abandonment, custodian, escheatment, blockchain, cryptocurrency, unclaimed property, state treasurer, telecommunications, spoofing, call authentication

Transcript Highlights:

• Moving on to SB 2387 SD1 relating to digital financial asset transaction kiosks.
• This establishes limits on transactions through digital financial asset transaction kiosks.
• Hawaii State Council on Developmental Disabilities in support. through digital financial asset through
• digital financial asset transaction<00:37:36.520> kiosks.
• After activities of digital finance<00:38:35.240> assets<00:38:35.720> transaction<00:38

Bills: SB1166, SB888, SB2387, SB2471

Keywords: insurance, climate change, responsible parties, damages, Hawaii Property Insurance Association, Hurricane Relief Fund, civil action, climate disasters, extreme weather, SB888, Hawaii, consumer protection, smart home security, smart household security device, home security camera, video doorbell, Ring, Nest, connected devices, internet of things

Summary: The committee heard SB 1166 SD2, a bill on insurance and climate-related damages that would authorize the Hawaii Property Insurance Association and, in amended versions discussed during testimony, other public and private entities to pursue civil actions to recover losses tied to climate disasters and extreme weather. DCCA’s Insurance Division and the Department of the Attorney General raised legal concerns, saying the bill’s scope may not fit the insurance code section being amended, that it could create subject-matter and title issues, and that some subrogation language may be duplicative of existing rate-filing practice. Lawyers for Justice opposed the measure, arguing it conflicts with existing subrogation law and recent Hawaii Supreme Court rulings that treat the judicial lien process as the exclusive remedy. The American Petroleum Institute also opposed, warning the bill would add liability and litigation risk for companies operating under existing permits and could undermine energy reliability and investment. Supporters said the bill would help shift climate-related insurance costs away from residents and onto fossil fuel companies and other responsible parties. Testimony in support came from the Polluters Pay Hawaii Coalition, Center for Climate Integrity, Hawaii Island Council, Our Hawaii, Sierra Club of Hawaii, and others, who described recent flooding, storm damage, rising premiums, non-renewals, and underinsurance as evidence of a worsening climate-driven insurance crisis. Several supporters urged amendments to give the Attorney General explicit authority to recover insurance-related losses for the Hurricane Relief Fund, HPIA, and private insurers, and to ensure recovered amounts benefit policyholders. Committee members questioned whether HPIA is a private entity, whether the Attorney General could represent it, whether the bill could create double recovery or affect pending climate litigation, and whether insurers would have standing or damages if they are only paying contractual claims. The committee then took up SB 888 SD2, a consumer protection bill that would restrict smart household security device operators from sharing user data with law enforcement without consent or a judicial order, and would bar conditioning device use on such consent. The Office of Consumer Protection testified in support and said an Illinois law could serve as a useful template for exceptions to the warrant requirement. An individual supporter said the measure would protect immigrant communities, judges, and others from surveillance and misuse of private data. No vote was taken during the portion of the meeting provided, and the chair noted additional written testimony submitted in support of SB 1166.

Transcript Highlights:

• So, intangibles are significant.

Bills: HF1016, HF2800, HF156, HF3051, HF526, HF2658, HF2062, HF2801

Keywords: local government aid, Baldwin, taxation, base year formula, municipal funding, population aid, aid penalty forgiveness, Minnesota, city funding, appropriations, HF156, lawful gambling, veterans organizations, licensed veterans organization, Minnesota gambling law, gross profits, lawful purpose, real property repair, facility maintenance, capital assets

Transcript Highlights:

• These victims of now it's been 15 years trying to force their judgment against frozen assets of terrorist
• Modernizes intangible asset law.
• Section 3, the bill adopt a modern approach, recognized intangible assets like bank accounts have no

Keywords: 999, senate, all

Transcript Highlights:

• These victims have now spent 15 years trying to enforce their judgment against frozen assets of terrorist
• It modernizes intangible asset law.
• Section 3 of the bill adopts a modern approach, recognizing that intangible assets like bank accounts
• It protects against terrorists hiding assets. That's Section 4.
• It protects against terrorists hiding assets.

Summary: The committee first took up CS for Senate Bill 304, which would address child protective investigations involving children with certain pre-existing genetic or medical conditions. Senator Sharif said the bill is intended to prevent children from being wrongly removed from their families when symptoms of conditions such as Ehlers-Danlos syndrome, osteogenesis imperfecta, rickets, or vitamin deficiencies are mistaken for abuse. Several parents and advocates testified in support, describing long dependency cases and removals they said were caused by misdiagnosis. The committee adopted a substitute amendment that removed language requiring certain medical personnel to provide differential-diagnosis analysis, and the bill then passed favorably with unanimous support. The committee then heard SB 1430 on post-judgment execution proceedings relating to terrorism, sponsored by Senator Collins, who described the long effort by U.S. victims of the FARC to enforce a federal judgment and recover assets. The bill would clarify procedures for terrorism-related judgments, modernize intangible asset law, and help prevent terrorists from hiding assets or blocking wire transfers. After one supportive appearance form and no debate, the bill passed favorably. The committee also approved SB 96, a local claims bill for Jacob Rogers, and SB 382, an affordable housing rent bill that was amended to define base rent and apply to certain shorter-term rental agreements entered after July 1, 2026; SB 382 drew support from housing advocates and some opposition, but passed unanimously. Several claims bills were also approved: SB 4 for Patricia Armini, SB 6 for Jose Correa, SB 28 for Darlene Engerville and J.R., SB 30 for the estate of M.N., and SB 24 for Mandy Penny Lemon, each involving injuries or damages caused by local government or hospital district negligence and each reported favorably after brief testimony and roll calls. The committee also passed SB 658 on waiver or release of liens after discussion about form language and enforceability. SB 72, which would allow campaign funds to pay certain child care expenses incurred while a candidate is actively campaigning, prompted questions about definitions and safeguards; the sponsor said the bill would require the expense to exist only because of campaign activity, and the bill was reported favorably. Finally, the committee approved SB 1142 on release of conservation easements, which would create a statewide process for releasing certain small, low-value parcels from conservation easements if mitigation credits are secured elsewhere. The bill drew support from the sponsor and a property representative, but environmental advocates and President Passidomo raised concerns about flood control, wildlife corridors, and whether the bill was too property-specific; the sponsor said he would continue working on the language. The committee also heard extensive testimony on SB 1622, which would repeal the 2018 customary use law and restore local authority over public beach access. Supporters argued the current law has privatized beaches, hurt tourism, and led to harassment and conflict, while opponents defended private property rights and warned against taking away owners’ ability to exclude others. The transcript ends during testimony on SB 1622, before a final vote is shown.

Transcript Highlights:

• These victims have now spent 15 years trying to enforce their judgment against frozen assets of terrorist
• It modernizes intangible asset law.
• Section 3 of the bill adopts a modern approach, recognizing that intangible assets like bank accounts
• It protects against terrorists hiding assets. That's Section 4.
• their hard-earned dollars or to buy a piece of property and not be allowed to enjoy that precious asset

Summary: The committee first took up CS for Senate Bill 304, which would address child protective investigations involving children with certain genetic or medical conditions that can mimic signs of abuse. Senator Sharif and several family members and advocates described cases in which children were removed after injuries were initially misread as abuse, and argued the bill would give parents more opportunity to obtain qualified medical opinions. The committee adopted a substitute amendment that removed language imposing analysis duties on certain medical professionals, then passed the bill favorably after testimony in support from the Florida chapter of the American Academy of Pediatrics and several affected families. The committee then considered SB 1430 on post-judgment execution proceedings for terrorism victims, SB 96 on relief for Jacob Rogers, SB 382 on affordable housing rent agreements, SB 4 and SB 6 on claims bills for Patricia Armini and Jose Correa, SB 1142 on release of conservation easements, SB 658 on waiver or release of liens, SB 28 and SB 30 on claims involving South Broward Hospital District and the Broward County Sheriff’s Office, SB 24 on relief for Mandy Penny Lemon, SB 72 on campaign funds for child care expenses, and SB 1622 on recreational customary use of beaches. Most of these bills were explained by their sponsors as narrow relief or technical measures, and the committee heard a mix of support and opposition from claimants, local governments, industry groups, and advocacy organizations. Several bills drew substantive debate. On SB 382, members discussed rent stability and whether the bill should better address lease language and future rent increases; the amendment and bill were both reported favorably. On SB 1142, members raised concerns about environmental and drainage impacts and whether releases of conservation easements should be mandatory or discretionary, but the bill still passed favorably. On SB 72, members questioned the scope of allowable campaign child care expenses and the need for stronger guardrails against abuse; the bill nevertheless passed favorably. On SB 1622, testimony sharply divided between supporters of restoring public beach access and opponents defending private property rights; debate continued when the transcript ended, so no final vote on that bill is reflected here.

Transcript Highlights:

• a bouncer in college and there was no training for that but the idea that you get something an intangible
• I will tell you that there's you know there's there's an intangible as well that I believe is part of
• from the standpoint of developing problem-solving skills and the like that I think is one of those intangibles
• Because it's a community asset at the end of the day, not just a university asset.
• They are some of the most important assets the state has for education, for workforce development.

Keywords: 1184, house, all

Transcript Highlights:

• asset is worth.
• So this is a very, very valuable intangible asset of the state of Florida.
• We're teaching these rural counties to market themselves with the assets that they have are with the
• money that they have and we're giving them assets.
• I'm near Riyadh of photographic assets that they can use and own and put on their website and showcase

Keywords: 999, senate, all

Transcript Highlights:

• SB 1329 states a preferred methodology for assessing solar property and excludes intangibles like government
• solar facilities by roughly 40% on an early review, and it moves the state away from the way these assets
• Utility-scale solar facilities are income-producing assets, and they're typically valued based on actual
• tangible loss for businesses would be having to close down and the revenue, but again, it's the intangible
• And importantly, it will create assets which, over the long term, will contribute positively to the tax

Keywords: 987, senate, all

Summary: The Revenue and Taxation Committee heard a long agenda of tax and housing measures, beginning with SB 1329 on solar property tax assessment. The author and solar industry witnesses argued the bill would create a uniform, predictable statewide method as the current solar property tax exclusion sunsets, while county assessors and local county representatives opposed it as a departure from market-based valuation that would reduce assessed values and local revenue. The committee also heard SB 1406, which would target the so-called Montana loophole used to avoid California vehicle taxes and fees; it drew support from CTA and no formal opposition. Both bills were moved to Appropriations and placed on call after committee votes. The consent calendar was also adopted and placed on call. The committee then took up several tax relief and wildfire-related measures. SB 984 would conform California law to the federal tipped-income deduction; restaurant, taxpayer, and enrolled agent representatives supported it, and the committee approved it 3-0 to Appropriations, on call. SB 1084 would create a fire-safe home tax credit for home hardening and defensible space improvements; supporters included the Town of Truckee and the California Association of Realtors, while members raised questions about cost and interaction with Prop. 98, and the bill passed 3-0 to Appropriations, on call. SB 1118 would provide a tax credit for backup generators or solar battery systems in high fire-threat areas; the author and supporters framed it as a resilience measure, but committee members questioned the use of taxpayer funds, diesel generators, and the benefit relative to cost. The bill was not advanced in the portion of the transcript provided. Later, the committee heard SB 1249, a narrowly targeted senior deduction for taxpayers ages 86 to 90, supported by LeadingAge California and the California Senior Legislature; it passed 4-0 to Appropriations, on call. SB 1424 would extend a partial sales and use tax exemption to zero-emission vehicle refueling equipment, including charging and hydrogen stations; it received support from hydrogen and electric transportation groups and passed 4-0 to Appropriations, on call. SB 1113 would conform California tax law to the federal tonnage tax regime for U.S.-flag international shipping companies; maritime industry witnesses supported it as a competitiveness and national security measure, while ILWU opposed it over the estimated general fund impact, and the bill passed 4-0 to Appropriations, on call. SB 1137 would expand the medical expense deduction for lower-income taxpayers, and SB 1415 would extend a partial welfare property tax exemption to mixed-income housing; both were presented with support from advocacy and local government witnesses, with assessors and housing stakeholders seeking amendments on SB 1415. The transcript ends before final action on SB 1415 is completed.

Transcript Highlights:

• You know, I look at our the most important assets the state of Oklahoma has in its people.
• Augmentation and mandate file paths to owned intangible assets, which would be video or other digital
• assets that have been created with taxpayer dollars.

Bills: HB1739, HB1784, HB1889, HB2116, HB2206, HB3625, HB2939, HB3028, HB3265, HB3313, HB3413, HB3414, HB3415, HB3416, HB3417, HB3418, HB3420, HB3588, HB3748, HB3721, HB3852, HB4132, HB4263, HB4303, HB4311, HB4428, HB4429, HB4434

Keywords: retirement, law enforcement, disability benefits, pension system, Oklahoma, education reform, local control, student outcomes, curriculum changes, school funding, public retirement systems, pension, retirement benefits, cost-of-living adjustment, COLA, inflation adjustment, CPI-U, Consumer Price Index, firefighters pension, police pension

Transcript Highlights:

• And when they calculate it, there's no intangible asset deduction.
• The MTMA also requires deductions of intangible assets from the capital calculation.
• <00:29:22.480> Um<00:29:23.200> the intangible asset deduction.
• Um the intangible asset deduction.
• type of asset, this class of asset type of asset, this class of asset grows.<01:29:47.679> Um

Keywords: 1189, house, all

Summary: The meeting began with roll call and introductions of commission members and guests, followed by approval of the agenda and a motion to approve the February 10 minutes with a correction clarifying that one quoted statement was misattributed. The commission then moved into presentations. The main presentation came from the Conference of State Bank Supervisors on implementation of the federal GENIUS Act for stablecoins. The speaker reviewed the OCC’s recent 367-page proposed rule, noting it raises many open questions and design choices for states, and discussed expected upcoming rulemaking from the FDIC, Federal Reserve, and Treasury. The presentation focused on six areas: permissible issuer activities, reserve assets and redemption, risk management and supervision, treatment of state-qualified issuers, capital/operational backstops, and foreign issuers. It also flagged unresolved issues around Bank Secrecy Act/AML requirements and the meaning of “digital asset service provider” activities. A substantial portion of the discussion addressed yield restrictions, with the presenter explaining the OCC’s broad definition of yield and its rebuttable presumption against issuer-affiliated or related third-party yield arrangements. The speaker said this likely forecloses many existing white-label structures but leaves some room for third-party payments depending on distance from the issuer, and noted ongoing Senate debate over similar provisions. The presentation also covered reserve valuation, liquidity and diversification requirements, redemption timing, and supervisory expectations such as third-party oversight, IT security, exam cycles, and reporting. No additional votes or formal actions were taken beyond approving the amended minutes.

Transcript Highlights:

• What are the natural assets that you have?" What are the natural assets that you have?
• And I think that one of the greatest assets that the Business Council has is the ability to bring the
• Those are the things that a business has as an asset, but it's not a hard asset.
• So, they're not intangibles necessarily. Um, and so,... Not intangibles necessarily.
• unless the asset is or will be owned by the applicant.

Keywords: 916, all

Transcript Highlights:

• We've also had Visit Florida create rural marketing programs, specifically gathering... ...some assets
• asset is worth.
• So this is a very, very valuable intangible asset of the state of Florida, and we take our responsibility
• And we are giving them assets... ...last year or the last two years.
• They have, and we are giving them assets.

Summary: The committee met to receive a base budget overview for agencies under its jurisdiction, which include the Division of Emergency Management, Department of Commerce, Department of State, Department of Transportation, Department of Military Affairs, and Department of Highway Safety and Motor Vehicles. Staff explained the budget format and noted that the Legislature appropriated more than $20.2 billion to these agencies in the current fiscal year, a 66.7% increase over 10 years. The Department of Transportation then presented on the Moving Florida Forward initiative, describing it as a $7 billion effort to advance 20 major congestion-relief projects statewide. Secretary Jared Perdue said the department is ahead of schedule, with 14 of 20 projects expected to be underway by the end of the calendar year. He highlighted major projects including I-4 in Polk and Osceola counties, I-75 improvements, Southwest 10th Street in Broward County, Fruitville Road, Capital Circle in Tallahassee, and I-275, and discussed innovations such as aggregate supply grants, modified phase design-build, workforce hiring events, and voluntary acceleration. Senators asked about business impacts from construction, tourism-related transit funding, aggregate sourcing, and labor shortages; the secretary said FDOT works with local businesses and that additional revenue sources for transit would require legislative action. The Department of Highway Safety and Motor Vehicles reviewed motorist services, revenue collection, licensing, vehicle titling, specialty plates, insurance compliance, driver safety, and commercial driver licensing. Officials said the department collected about $2.9 billion in revenue in fiscal year 2023-24 and described modernization efforts, including electronic verification systems, Real ID compliance, mobile licensing units, and a planned digital driver license. Members asked about the driver license backlog in Miami-Dade and Broward, and the department said service delays were driven by growth and staffing constraints but should improve with $7.5 million in recent funding and the eventual transition of services to county tax collectors. Questions also addressed temporary paper licenses and birth certificate fraud prevention. The Department of Commerce presented on the Job Growth Grant Fund and Visit Florida. Commerce said the grant fund, created in 2017, has awarded $257 million to 70 projects in 37 counties since 2019, with demand exceeding supply about four to one. Officials emphasized that the program supports targeted industries and workforce and infrastructure projects, and they highlighted examples in CDL training, semiconductors, advanced manufacturing, and health care. Senators raised concerns about small businesses affected by transportation construction, and Commerce said it has an Office of Small Business Innovation and other tools, though the grant fund is limited by statute to targeted industries. Visit Florida then described its public-private tourism marketing role, saying the state’s $80 million appropriation is matched by private investment and that the latest EDR review found a $3.30 return in tax revenue for every state dollar spent. Visit Florida reported record visitation and tourism spending, along with hurricane recovery marketing and rural promotion efforts.

Transcript Highlights:

• So a capital project is a project that's a fixed asset.
• So a capital project is a project that's a fixed asset.
• A capital project is a project that's a fixed asset.
• that aren't um higher education asset that aren't um higher education asset preservation<00:26:35.039
• state-owned asset state-owned asset preservation<00:31:47.960> um<00:31:48.320> and

Keywords: 1183, house

Summary: The Capital Investment Committee met on January 16 for an informational overview on state bonding and capital investment. House Research analyst Chelsea Griffin and House Fiscal analyst Andrew Lee explained the nonpartisan roles of their offices and then walked members through the basics of Minnesota bonding: how bonds are issued and repaid, how they are categorized, and the main legal authorities governing state general obligation bonds, including the state constitution, Minnesota statutes, and federal tax law. Griffin emphasized that state GO bond proceeds must be used for a public purpose, for a purpose authorized in the constitution, as specifically described in law, and must mature within 20 years. She also noted that state GO bonding is typically originated in the House and that capital projects financed with state GO bonds generally require a three-fifths vote in each chamber. The presentation also covered practical limits and requirements on bonding projects, including the distinction between state and local GO bonding, the role of bond counsel, restrictions on bond-financed property, the prohibition on reimbursing already-paid costs, and the full funding and non-state match requirements. In response to member questions, Griffin clarified that the full funding requirement in section 16A.502 means a project must be fully funded before the appropriation is available, while section 16A.86 reflects an expectation that local governments provide about half the financing for local projects, though the legislature can choose to fund more than half or waive a local match. She also said she did not believe a bill to make the 50 percent match requirement statutory passed last session. Lee then began a spreadsheet-based overview of the 2023 capital budget laws, explaining how capital investment spreadsheets are organized and how different fund types appear in the documents. He highlighted examples such as University of Minnesota projects funded with GO bonds and Minnesota State projects using user financing, where the system contributes a share of project costs from non-state sources such as tuition or system revenues. The committee did not take any votes or formal actions during this informational meeting.

Bills: HB267, HB478, HB617, HB659, HB800, HB922, HB924, HB947, HB1166, HB1223

Keywords: home inspectors, board membership, licensing, term limits, Louisiana State Board, utility, reimbursement, overcharges, consumer protection, economic relief, hidden fees, junk fees, drip pricing, price transparency, mandatory fees, surcharges, unfair trade practices, advertising disclosures, total price, service fees