Video & Transcript : 'lender cap' :

Page 4 of 391
TX
Transcript Highlights:
  • And the cap is $20,000 above that.
  • Well, we'd be well above your cap. Okay. All right. Interesting.
  • Let me get this straight because it's not a revenue cap...
  • It's not a hard cap.
  • I'm sorry, not the cap. At the 3.5% level, that is the money. Oh, the voter approval.
Bills: SB9 , SB 9
TX
Transcript Highlights:
  • An abandoned well is typically one that's been capped.
Committee: Senate Finance
Summary: The committee heard Senator Flores lay out the committee substitute for HB 2894, which would expand state reimbursement eligibility for local governments disproportionately affected by the disabled veterans homestead exemption. Flores said the bill would add certain municipalities in Bell, Coryell, and Lampasas counties if lost ad valorem tax revenue equals or exceeds 10% of general revenue, while existing recipients would remain under the current 2% threshold. Lampasas and Bell County officials and the City of Killeen testified in support, describing significant revenue losses and urging adequate funding. One witness, Howard Avery, argued any reimbursement should be counted as property tax revenue for voter-approval rate purposes to avoid a windfall. The committee later adopted the substitute and reported the bill favorably, with one nay. The committee also heard SB 782, which would create a temporary severance tax exemption for restimulated inactive oil and gas wells, intended to encourage investment in mature wells. The Comptroller explained the revised fiscal note as effectively zero because the wells are currently marginal and not generating meaningful tax revenue, while industry witnesses said the bill could extend well life, support local economies, and reduce orphan-well liabilities. Public testimony was supportive, and the bill was left pending. Members then heard HB 3033, a DPS-related grant program funded by voluntary $3 donations on driver’s license and ID applications to support nonprofits aiding injured or fallen DPS officers and their families, including memorial highway signs. The DPS Officers Association supported the bill, citing existing foundation assistance and the need for a steady funding stream. The committee later reported the bill favorably. The committee also considered SB 524, which would permanently extend the franchise tax and fee exemption for qualifying veteran-owned businesses for their first five years; testimony from a veteran business owner and veterans advocates supported the measure, and the committee adopted the substitute and reported it favorably. Additional measures were laid out and left pending or voted out: HB 3594, a local San Antonio retiree health care fund bill with agreed changes for contributions, spouse benefits, and remarriage rules, was supported by stakeholders and reported favorably; HB 4738 would repeal small administrative fees tied to certain loans and was reported favorably; HB 42 on HEAF funding and HB 5246 on the Texas Space Commission were heard and left pending. The committee also reported HB 3474, a cleanup bill for the Pension Review Board’s investment performance review schedule, and HB 2802, the Austin firefighter retirement fund bill, both favorably. Finally, the committee took up HB 1056, which would allow gold and silver held in the Texas Bullion Depository to function as legal tender through debit-card transactions. Supporters framed it as a way to use hard assets and expand financial options, while bankers and some senators raised major operational, consumer-protection, tax, and constitutional questions; the bill remained under discussion as testimony began.
TX

Texas 89th Regular

Trade, Workforce & Economic Development Apr 9th, 2025

Trade, Workforce & Economic Development

Transcript Highlights:
  • deed of trust to oversee the sale of the property while a substitute trustee is appointed by the lender
  • However, recent proposed Legislation in New York would create serious legal uncertainty for lenders and
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/18/26

Commerce Finance and Policy

Transcript Highlights:
  • fees. is to cap the price of resale.
  • We are is to cap the price of resale.
  • Next, the bill a price cap into law.
  • Let's cap have an affordability problem. Let's cap the<01:09:31.679><c> price.
  • </c> found no clear evidence that price caps found no clear evidence that price caps improve<01:13:53.840
Bills: SF1750 , HF4250 , HF3938 , HF3904 , HF3642
TX
Summary: The Senate Economic Development Committee heard and laid out several measures focused on school safety, Texas-Taiwan relations, defense manufacturing, business formation, hotel tax policy, and NASA relocation. HB 1851 would allow surplus DPS vehicles and law enforcement equipment to be transferred to school districts in economically disadvantaged areas for use by school police and security personnel, with a two-year resale restriction. HCR 127 expressed support for the Texas-Taiwan relationship and trade ties, HCR 118 supported expanding warship manufacturing in Texas, HCR 141 urged Congress to move NASA headquarters to Houston, HB 346 (with a committee substitute) revised business filing and fee authority while making permanent a franchise tax exemption for new veteran-owned businesses, HB 2974 was an omnibus hotel occupancy tax and qualified hotel project bill, and HB 5596 addressed accountability for municipal hotel occupancy tax revenues in coastal communities. Witnesses generally supported the measures, including the Texas Hotel and Lodging Association on HB 2974 and resource witnesses from the Texas Veterans Commission and Secretary of State on HB 346; no opposition testimony was registered on the laid-out bills. After public testimony, the committee took up pending business and adopted committee substitutes where applicable. HB 1851, HB 346, HB 2974, and HB 5596 were each reported favorably to the full Senate, with HB 346 and HB 2974 also recommended for the local and uncontested calendar. HCR 127 and HCR 118 were reported favorably as well, and HCR 127 and HCR 141 were likewise recommended for the local and uncontested calendar. The committee also reported HB 4320 favorably, though the transcript repeats that motion several times. The meeting ended with the committee standing in recess until 7:00 a.m. subject to the call of the chair.
TX

Texas 89th Regular

Senate Committee on Water, Agriculture, and Rural Affairs May 5th, 2025

Water, Agriculture and Rural Affairs

Bills: HB2018 , HB1633 , HB1689 , SB612 , SB3058
Summary: The Senate Water, Agriculture, Rural Affairs Committee heard several bills focused on groundwater management, water infrastructure, and agricultural land conservation. SB 612 would limit certain water districts in Hidalgo, Cameron, and Willacy counties from charging developers pipeline construction fees above actual, documented costs; the committee substitute removed a developer challenge mechanism to preserve district discretion over construction standards. HB 1633 would require groundwater conservation districts to consider registered exempt wells when reviewing or amending permits, and testimony from landowners, district representatives, and advocacy groups largely supported the bill as a way to protect domestic and livestock wells from drawdown caused by large export projects. HB 1689 would clarify that export fee revenues may be used for well operability, alternative water supplies, and aquifer monitoring, including through interlocal cooperation, and HB 3058 would give the Post Oak Savannah Groundwater Conservation District authority to use export fees for county road improvements and environmental programs tied to well inspection and groundwater management. HB 2018 would clarify that the Texas Farm and Ranchland Conservation Program is intended to purchase conservation easements only on working agricultural lands, with support from cattle raisers and Farm Bureau representatives. The committee also considered HB 29, which would require large water systems to validate water loss audits and submit mitigation plans; a committee substitute removed the water-loss threshold and adjusted the timeline for more detailed validation. Public testimony on the bills was generally supportive, with several witnesses describing declining well levels, road damage from export projects, and the need to preserve agricultural land and local water supplies. The committee adopted committee substitutes and voted favorably on HB 29, HB 1689, HB 2018, SB 612, and SB 3058, recommending several of them for the local and uncontested calendar; HB 1633 was left pending awaiting a committee substitute.
MN

Minnesota 2025-2026 Regular Session

House Housing Finance and Policy Committee 3/11/26

Housing Finance and Policy

Transcript Highlights:
  • Um or CAP um across a continuum of care.
  • No other policy in this 3% lot rent cap.
  • Um, so I don't know how we operate with some sort of cap.
  • Um, so I don't know how we operate with some sort of cap.
  • A pretty traditional argument of cap.
Bills: HF3403 , HF2687 , HF2381
OK

Oklahoma 2026 Regular Session

Revenue and Taxation Feb 16th, 2026 at 01:30 pm

Revenue and Taxation

Transcript Highlights:
  • And so if this is not filed, it's going to be a potential for a very big conflict by that other lender
  • We're gonna promote lenders by ensuring that they know whatever's filed in the notices and liens that
  • assets and capped at 5% of any retirement account.
  • And so we want to make sure and set those guardrails that 500 billion dollars in cap and a maximum 5%
  • Last year, a senator brought This and had no caps.
AZ

Arizona 2026 Regular Session

02/11/2026 - Senate Government

Government

Transcript Highlights:
  • Senate Bill 1745 subjects a city or town that violates the tax rate cap and voter approval requirements
  • Chair, there's an amendment I'd be happy to explain. ...from the rate cap if the increase occurs at an
  • Senate Bill 1745 subjects a city or town that violates the tax rate cap and voter approval requirements
  • It simply requires transparency and voter approval before exceeding a modest cap.
  • It's constitutionally... ...capped.
TX

Texas 89th Regular

S/C on Family & Fiduciary Relationships Apr 28th, 2025

S/C on Family & Fiduciary Relationships

Transcript Highlights:
  • The Texas Family Code has long had what most of us family law attorneys refer to as a soft cap on the
  • The net resources cap is under existing law.
  • We set caps and they start off very reasonable, but then we don't do anything for 10 years, and so that's
OK

Oklahoma 2026 Regular Session

Business and Insurance 2ND REVISED Feb 19th, 2026 at 09:30 am

Business and Insurance

Transcript Highlights:
  • So my questions here What other industries do we currently cap profits on?
  • Do we do We begin to cap mortgage brokers as cost and interest rates continue to go up.
  • I heard the senator earlier mention about other industries like utilities being capped.
  • Therefore, the profits might be capped.
  • I think a profit cap in a free market system is just It's not the answer to me.
HI

Hawaii 2026 Regular Session

HOU Public Hearing 01-27-2026

Housing

Transcript Highlights:
  • All the other lenders must be in sync before loan closing occurs.
  • All the other<00:07:21.360><c> lenders</c><00:07:21.759><c> must</c><00:07:22.080><c> be</c><00:07:22.240
  • ><c> in</c><00:07:22.400><c> sync</c><00:07:22.800><c> before</c> other lenders must be in sync before
  • other lenders must be in sync before loan<00:07:23.919><c> closing</c><00:07:24.319><c> occurs.
  • </c> any funding, but we're removing the cap any funding, but we're removing the cap of<00:42:51.119>
Bills: SB2060 , SB2063 , SB2062 , SB2069 , SB2070
Committee: Senate Housing