Video & Transcript Research : 'retroactive'
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AZ
Arizona 2026 Regular Session
06/02/2026 - House Democratic Caucus Calendar #21
Transcript Highlights:
- you were never actually getting contributions or making expenditures, this would allow you to retroactively
- you were never actually getting contributions or making expenditures, this would allow you to retroactively
- They modified the retroactivity. The original bill was retroactive to December of 2021.
- This makes it retroactive to July of 2016, which was when the legislature made a big change to all the
- So it's making it retroactive to those statutory changes, and it added back in the emergency clause.
FL
Florida 2025 Regular Session
March 20, 2025 - 11:30 AM
Transcript Highlights:
- My next question goes into retroactivity. Was there any consideration for what is here?
- So my question is, has there been any consideration to make it retroactive?
- So making it retroactive would make these apply to it in the past.
- Make it so it's not retroactive. That's what I want. Make it so it is not retroactive.
- Make it so it is not retroactive, any consideration. Got it. Is there a, you have a question?
Summary:
The Ways and Means Committee met on March 20, 2025, and first approved HB 4025, creating the Duke Farm Stewardship District in Lee County, on a 17-0 vote. The committee then advanced HJR 1215, which proposes a constitutional amendment to exempt agricultural tangible personal property from property tax, after extended debate about the fiscal impact on counties, especially rural and fiscally constrained ones; it passed 16-1. HB 411 also passed unanimously after an amendment, extending affordable housing tax exemption treatment to certain nonprofit projects on leased land, including Habitat for Humanity projects. The committee likewise approved CS/HB 669, allowing local governments to purchase certain unrated bonds, and CS/HB 4017, codifying the Vermont Drainage District charter in Charlotte County, both without opposition.
The committee also approved HJR 1039, which would let the Legislature prevent assessed-value increases for homestead properties that are improved to mitigate flood damage, and the related implementing bill HB 1041; both passed 17-0. Public testimony on these items included some opposition to the flood-related amendment, but no floor debate changed the outcome. The final major item was CS/HB 1221 by Rep. Miller, which would require local option taxes to be renewed by voter referendum every eight years, with longer terms allowed for bonded projects. That bill drew the most extensive testimony and debate, with counties, tourism groups, and local officials warning about impacts on tourism funding, infrastructure, schools, and public safety, while supporters argued for taxpayer accountability and periodic review. After debate, the committee reported the bill favorably on a 13-4 vote.
AL
Alabama 2026 1st Special Session
Alabama House State Government Committee Feb 11th, 2026
State Government
Transcript Highlights:
- Lines 165 and 166 say that this act shall be retroactive to January 1, 2025.
- Why couldn't it just we be retroactive?
- So we are, in my position, being retroactive is what gets me.
- <00:25:00.880>
It being retroactive is what gets me. - It being retroactive is what gets me.
Keywords:
business taxes, annual reports, Alabama Tax Tribunal, tax appeals, local government, board governance, occupational licensing, Sunset Law, public accountability, training requirements, SB40, Houston/Hunter Act, firearm hold agreement, gun storage, temporary firearm storage, firearms dealer, federal firearms licensee, FFL, civil immunity, gun owner
MN
Minnesota 2025-2026 Regular Session
House Judiciary Finance and Civil Law Committee 2/24/26
Judiciary Finance and Civil Law
Transcript Highlights:
- constitutional prohibitions in some cases against retroactive effective dates.
- can be retroactive in some situations. can be retroactive in some situations. uh<00:53:13.760>
<00:53:19.839>effective some cases against retroactive effective some cases against retroactive - <00:54:23.200>
in road of making law that's retroactive in road of making law that's retroactive - to not have this be retroactive to not have this be retroactive is<00:56:19.760>
to <00:56
Keywords:
civil rights, law enforcement, federal collaboration, accountability, state law, constitutional rights, color of law, 42 U.S.C. 1983, section 1983, civil action, damages, injunctive relief, attorney fees, law enforcement task force, federal-state cooperation, intergovernmental agreement, federal agency partnership, Minnesota Constitution, U.S. Constitution, police accountability
NH
New Hampshire 2025 Regular Session
Senate Energy and Natural Resources (01/28/2025)
Energy and Natural Resources
Transcript Highlights:
- do that that to impose that retroactive do that that to impose that retroactive date<01:11:58.040
- <01:13:03.239>
and facts if this bill was retroactive and facts if this bill was retroactive - I'd be glad to take a question. retroactive retroactive it<01:14:25.639>
shouldn't <01:14:26.120 - amended to certainly not be retroactive amended to certainly not be retroactive and<01:14:40.040
- prospective date and not a retroactive prospective date and not a retroactive date<01:16:31.199>
NH
New Hampshire 2025 Regular Session
House Labor, Industrial and Rehabilitative Services (01/28/2025)
Labor, Industrial and Rehabilitative Services
Transcript Highlights:
- sure that there would be a retroactive sure that there would be a retroactive payment<01:08:49.359
- you had asked about the retroactivity you had asked about the retroactivity piece<01:12:50.120><
- <03:39:07.279>
pay payable meaning you get retroactive pay payable meaning you get retroactive - <03:39:12.960>
pay four months worth of retroactive pay four months worth of retroactive pay - If there is retroactive cash benefits at issue, the 20% retroactive is what is awarded or can be awarded
AZ
Arizona 2026 Regular Session
06/02/2026 - House Democratic Caucus Calendar #21
Transcript Highlights:
- you were never actually getting contributions or making expenditures, this would allow you to retroactively
- They modified the retroactivity. The original bill was retroactive to December of 2021.
- This makes it retroactive to July of 2016, which was when the legislature made a big change to all the
- So it's making it retroactive to those statutory changes, and it added back in the emergency clause.
Summary:
The caucus reviewed several bills and Senate or conference committee amendments, with members generally noting whether the sponsor intended to concur. HB 2749 would let courts enter a Class 1 misdemeanor conviction for certain lower-level felony convictions, with the Senate amendment requiring at least five years since completion of sentence before eligibility. HB 2082 would create a childhood cancer and rare childhood disease research commission and adjust funding rules, including a five-million-dollar threshold tied to appropriations or federal grants. HB 2096 would allow counties to seek WIFA assistance for cesspool remediation, with the Senate adding an alternative compliance path using ADEQ’s nonpoint source management plan. HB 4001 would regulate alternative nicotine products through the Department of Liquor Licensing and Control; members discussed whether some tobacco-related products remain outside the bill, tribal enforcement limits, and the absence of a tax provision. The presenter said the AG and governor support the bill.
The caucus then shifted to conference committee bills. HB 2003 would lower the learner’s permit age from 15.5 to 15 and increase supervised driving time, but several members raised safety concerns and questioned whether the change was needed; the conference amendment would let current instruction permit holders qualify for a license after six months, while still requiring age 16 for licensure. HB 2133 would impose content-verification requirements for commercial websites publishing sexual material, with conference changes exempting pre-effective-date motion pictures and television programming. Members noted the Motion Picture Association still had concerns, though the changes addressed some retroactivity issues.
HB 2874 would change campaign finance penalty rules, including a five-day publication requirement for committees owing late-filing penalties, a $5,000 cap on penalties per late report, and retroactive relief for certain inactive committees that filed no-contribution/no-expenditure reports and later terminated; one member said they still had not received the outstanding fee totals requested on the floor. HB 2010 would regulate digital goods sellers and refunds for revoked access to licensed digital content; the conference version kept a five-year refund structure but changed the refund amount to 20% per year, clarified refund procedures, and removed the refund requirement if alternative access is provided. The caucus took no votes in the transcript and ended after the bill presentations and questions.
AL
Alabama 2025 Regular Session
Alabama House Ways and Means General Fund Committee Mar 19th, 2025
Ways and Means General Fund
Transcript Highlights:
- The amendment that you're about to see, gentlemen, that's in your packets, makes this retroactive to
- Chairman, I don't know if you Chairman, I don't know if you have the amendment's simply the retroactive
- This bill would also provide for retroactive effect.
- Replace line 36 on page two with the following: 2022 and to provide for retroactive effect.
Keywords:
judicial compensation, salary adjustments, district attorneys, Judges, local officials, district attorney, compensation, constitutional amendment, job security, Alabama Constitution, tobacco tax, heated tobacco products, heated tobacco, cigarettes, nicotine, vape alternative, smokeless tobacco, snuff, cigars, excise tax
NH
New Hampshire 2026 Regular Session
House Finance Division II (02/09/2026)
Transcript Highlights:
- It would be a retroactive changing of the rules. It's not fair.
- It would be a retroactive<00:28:11.600>
changing <00:28:11.919>of <00:28:12.080>the< - <00:28:13.279>
It's retroactive changing of the rules. - It's retroactive changing of the rules. It's not<00:28:13.760>
fair. - rather than trying to retroactively rather than trying to retroactively again<00:28:25.520>
apply
Summary:
The Finance Division met to consider two bills: HB 112 and HB 1399. On HB 112, members debated a proposal tied to civics education requirements for public higher education. Supporters argued the measure would reinforce basic civic knowledge and noted that a similar high school requirement had already been enacted with little apparent fiscal impact. Opponents said the legislature should not dictate university curriculum and raised concerns about administrative burden and precedent. The committee voted 5-3 to recommend ought to pass.
The committee then heard testimony on HB 1399, which concerned Claremont and retroactive school building aid related to past construction during the state moratorium on building aid. A Claremont representative explained the district’s history, estimated the lost state aid, and said any funds would likely be used for contingency, tax relief, or future liabilities, while preferring normal building aid participation going forward. Members discussed whether the issue reflected state policy, local governance, or both, and whether the bill would create an unfair retroactive precedent or a broader statewide obligation.
After discussion, the committee voted on an ITL motion for HB 1399. The motion failed, and the committee instead approved the bill 7-1. The chair then closed the hearing and adjourned the meeting.
NM
New Mexico 2025 Regular Session
House - Energy, Environment and Natural Resources Mar 1st, 2025
House Energy, Environment & Natural Resources
Transcript Highlights:
- Second, even though I think I could make it retroactive.
- So the bill by its terms is not Retroactive; it's prospective. Thank you, Mr. Chair.
- I'll just tell you, retroactivity, application, federal, state, fee, impact on business.
- I'll move on now to retroactivity. And I appreciate, Mr. Chair, and Mr.
- It certainly withstood any challenges based on that retroactivity. Thank you, Mr.
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Local Government - 01/28/2026
Local Governments
Transcript Highlights:
- 4075A by Senator Suarez: an act in relation to authorizing the Silver Lake Foundation to receive retroactive
- 4075A by Senator Suarez: an act in relation to authorizing the Silver Lake Foundation to receive retroactive
- We constantly have these retroactive real property tax exemption statuses.
- We constantly have these retroactive real property tax exemption status.
Summary:
The Local Government Committee held its first meeting of 2026 and considered nine bills focused on municipal governance, local finance, emergency services, land use, and tax exemptions. Measures included changes to volunteer firefighter and ambulance worker death benefits (S190), local bond installment rules (S273), environmentally conscious planning training for municipal boards (S600), expanded Open Meetings Law training requirements (S2598), an expanded farm building tax exemption (S3665), lease information requirements for certain housing accommodations (S3742A), retroactive building tax exemption status for the Silver Lake Foundation (S4075A), preservation of regionally significant projects (S4980), and youth programs sponsored by fire departments (S609).
Most bills were moved and reported out with little discussion. S4980 drew a nay vote from Senator Rolison but was still reported out. S4075A prompted Senator Weik to raise a broader concern about recurring retroactive real property tax exemption requests, saying exemptions should be handled at closing when possible; the chair asked him to send over the bill he mentioned that would address that issue. The committee also noted that some bills were reported to other committees, including Finance and Housing, where applicable.
TX
Transcript Highlights:
- Senate Bill 942, having previously been heard, Senator Hughes's bill relating to a court order for retroactive
- child support, including retroactive child support beginning on the date of the child's conception.
- Senate Bill 942, having previously heard, the Senator Hughes's bill relating to court order for a retroactive
- child support, including for retroactive child support beginning on the date of the child's conception
Summary:
The Senate Committee on Jurisprudence met with a quorum present and considered several pending bills, mostly involving family law, guardianship, probate, and property association matters. The committee adopted committee substitutes where offered and heard brief references that the bills had been previously explained. Bills considered included SB 746 on guardianship matters, SB 1403 on child support enforcement and procedures, SB 1404 on orders and judgments in suits affecting the parent-child relationship, SB 942 on retroactive child support beginning at conception, SB 1448 on decedents’ estates and probate courts, SB 1536 on dementia and Alzheimer’s training for certain guardians, and SB 711 on property owners’ associations and condominium unit owners’ associations. The committee also referenced that SB 942 had been previously voted out and was being advanced again for floor consideration.
Each bill received unanimous approval from the members present, with votes recorded as 5 ayes and 0 nays. The committee voted to report each bill favorably to the full Senate with the recommendation that it do pass and be printed. For several measures, the committee also voted to certify them as local and uncontested, including SB 746, SB 1403, SB 1448, SB 1536, and SB 711. No opposition or substantive debate was recorded, and no other business was taken up before the committee recessed.
FL
Florida 2026 5th Special Session
Community Affairs Jan 13th, 2026
Transcript Highlights:
- What was the purpose of being retroactive?
- Yeah, so the retroactivity was Senate Bill 180.
- Why did you make it, why is What was the purpose of being retroactive?
- Why did you make it, why is the bill making it retroactive to 2024?
- Yeah, so the retroactivity was Senate Bill 180.
Summary:
The committee heard and advanced several bills. SB 330, by Sen. Bradley, clarified the heart disease presumption for firefighters, law enforcement, and correctional officers, including allowing a prior physical exam to count if a transferring officer is not given a new one; an amendment declaring the act an important state interest was adopted, and the bill passed favorably. SB 594, by Sen. Burton, would make mobile home residents eligible for local housing assistance programs such as SHIP for lot rent and home repairs; it received supportive testimony from manufactured-home advocates and passed favorably. SB 840, by Sen. DeSigley, revised hurricane-related land-use restrictions from prior legislation by shortening the affected area from 100 miles to 50 miles, ending certain temporary limits on June 30, 2026, and exempting some water, flood, and state/federal planning matters; it passed favorably after supportive comments from local-government interests and members noting the need to fix unintended consequences of prior law.
The committee also approved SB 526, by Sen. Grawe, which addresses no-damages-for-delay clauses in public construction contracts, creates a uniform commercial permit application, requires permit fee reductions when private providers are used, and adds mitigation to statewide product approval categories. County representatives testified with concerns about the contracting language, unfunded mandates, and fee reductions, but the bill passed favorably. SB 504, by Sen. Burgess, creates a statewide framework for code inspector body camera use, and SB 506, its linked public-records bill, exempts certain sensitive content from disclosure; both passed favorably with support from the sponsor and no opposition in committee.
The most heavily debated measure was SB 354, by Chair McLean, which creates a “blue ribbon project” framework for very large developments that trade state preemption over local land-use regulation for reserving at least 60% of the land for conservation, agriculture, recreation, utilities, and related uses. The bill drew significant testimony from environmental groups, counties, smart-growth advocates, and local residents who argued it could weaken local control, reduce public review, and allow sprawl or inadequate infrastructure planning; supporters argued it could help address housing needs and preserve large amounts of land. The committee adopted two amendments clarifying reserve-area easements and requiring certain easements to be granted without charge, and the committee then reported the bill favorably, with some senators noting they supported it in concept but wanted further changes before later stops.
MN
Minnesota 2025-2026 Regular Session
House Human Services Finance and Policy Committee 3/11/26
Human Services Finance and Policy
Transcript Highlights:
- The items that are in the forecast includes retroactive coverage.
- coverage for most populations and 1 month of retroactive coverage for adults without children.
- We also adjusted the impact of retroactive eligibility in the November forecast.
- And that wasn't a typical utilization of retroactive eligibility.
- We can do that retroactive.
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Local Government - 03/10/2026
Local Governments
Transcript Highlights:
- 8941 by Senator Martinez: an act authorizing Farmingdale First Baptist Church, Inc. to receive retroactive
- An act authorizing Farmingdale First Baptist Church, Inc. to receive retroactive real property tax-exempt
- and that is S8961 by Senator Rhodes: an act authorizing Merrick Hook and Ladder Co. 1 to receive retroactive
- Bill S8961 by Senator Rhodes: an act authorizing Merrick Hook and Ladder Co. 1 to receive retroactive
Summary:
The Local Government committee met on March 10 and considered 13 bills, mostly on municipal finance, property tax exemptions, local planning, and public safety. Measures included Next Generation 911 system updates, good-faith deposit procedures for bond sales, sheriff and undersheriff training requirements, comprehensive planning for housing needs, increased volunteer firefighter and ambulance worker benefits, industrial development agency incentives for pollution mitigation projects, and several local real property tax exemption or conveyance bills. The committee also took up bills on water quality improvement funding for the Town of Warwick, special equalization rates for certain school districts, and eye and tissue donation procedures.
Testimony and discussion were limited on most bills, with members generally moving them without comment. There was some discussion on the Nassau County assessor exemption bill, where a member noted a separate bill addressing a recurring property-closing issue. The comprehensive planning bill drew the most recorded opposition, with one senator voting nay and another recorded as AWR. Several other bills also had AWRs or nays noted, but no extended debate was captured.
All 13 bills were voted out of committee, with most reported to Finance or other committees as noted. The committee adjourned after the final bill, and the clerk was acknowledged for his first meeting.
AZ
Arizona 2026 Regular Session
04/16/2026 - House Conference Committee HB2874
Transcript Highlights:
- The Senate amended the bill by prohibiting and deeming void, retroactively, penalties against a committee
- The Senate amendments also made the legislation retroactive to December 31, 2021.
- against the committee and deems accrued penalties void if certain conditions are met, moves the retroactivity
- Maricopa County wanted it retroactive to 2016.
Summary:
The House and Senate conference committees met on April 16, 2026, to reconcile differences on HB 2874, which deals with campaign finance termination statements and penalties for committees that had no contributions or expenditures. Staff explained that the Senate version retroactively voided certain penalties for late campaign finance reports if a committee certifies no activity, and the conference amendment further refined the bill by requiring public posting of committees that owe late-filing penalties, clarifying termination-statement requirements, extending the no-penalty provisions to some committees that had received contributions, and capping penalties at $5,000 per late report beginning July 1. The amendment also moved the retroactivity date, added a session-law provision, and included an emergency clause.
Members discussed whether suspended accounts with no activity would be covered, and staff indicated that while not expressly named, they would likely fall within the bill’s criteria. Supporters said the measure would help clear old compliance issues from the books, improve transparency, and provide relief to smaller candidates and local officeholders who may not have the resources to manage complex campaign finance requirements. One member noted the bill would create a practical safe harbor for inactive campaigns and reduce penalties that continue to accrue on closed or empty campaign accounts.
A motion was made and adopted to approve the five-page conference amendment dated April 16, 2026, at 9:03 a.m., to the Senate engrossed version of HB 2874, with authorization for technical and conforming changes recommended by the rules attorney. The motion passed by voice vote, and both the House and Senate conference committees adjourned.
ND
North Dakota 2026 1st Special Session
Joint Policy Jan 21st, 2026 at 01:00 pm
Transcript Highlights:
- It was paid retroactively, so it had to have a check issued.
- I don't think we can go retroactive. I think it's past us. I don't think we can go retroactive.
- And the reason I'm bringing that out is to go retroactive on this, you have a lot of payments that go
- You are talking about a huge issue, a very huge issue, if you were to try and do this retroactively.
- I would also ask this committee to resist making this retroactive.
Summary:
The committee first took up Senate Bill 2401, which would require physicians to complete continuing education on nutrition and metabolic health as part of the state’s rural health transformation effort. HHS supported the bill, saying it would help physicians better address chronic disease and preserve federal grant points tied to the state’s application. A member of the public also testified in favor, arguing that better nutrition education could improve diabetes outcomes and reduce costs. The committee then adopted an amendment to add the Board of Occupational Therapy Practice to the background-check statute so the occupational therapy compact could proceed, and it passed the bill as amended on a roll call vote.
The committee next heard House Bill 1621, which would require the Presidential Fitness Physical Fitness Test in elementary, middle, and high school physical education courses. HHS said the bill was part of the rural health transformation application and could help preserve federal funding, but members raised many questions about the test’s criteria, adaptive options for students with disabilities, equipment needs, and whether the bill should apply to non-public schools. Senator Clemens offered an amendment to limit the requirement to public schools, but it failed. Senator Hogan then offered an amendment to clarify exemptions and allow DPI to align implementation with federal guidance; that amendment passed. A further amendment adding language allowing DPI to establish criteria for and exceptions to the test also passed. The committee then approved the bill as amended on a roll call vote.
The committee also considered House Bill 1622, which joins North Dakota to the physician assistant licensure compact. HHS said the compact would improve access to care, especially in rural areas, support military families, and help preserve rural health transformation funding. Members noted the compact had been discussed in a prior session and that many earlier concerns had been resolved. After brief discussion about the compact process and its consistency with other interstate compacts, the committee voted to do pass the bill.
Finally, the committee began Senate Bill 2402, which expands pharmacists’ prescriptive authority and therapeutic substitution powers. HHS and the Board of Pharmacy supported the bill as a way to improve access to care and maintain rural health transformation funding. Senator Roers introduced a detailed amendment negotiated with the Board of Medicine and Board of Pharmacy to narrow and clarify the bill, including notification requirements, limits on certain drug categories, and patient-protection language for therapeutic substitution. The Board of Pharmacy then testified in support of the broader bill and explained the CLIA-waived testing provisions and the repeal of the older, narrower pharmacist-testing language. The hearing and amendment discussion were still underway when the transcript ended.
CA
California 2025-2026 Regular Session
Assembly Judiciary Committee Jun 9th, 2026
Transcript Highlights:
- We also feel that the retroactivity piece should be expressly excluded in cases that have already been
- We also feel that the retroactivity piece should be expressly... towards addressing our concerns.
- And then the second question was on the retroactivity piece.
- And so I understand the retroactivity piece as it relates to something that occurred in the past, but
- That is now retroactive that didn't exist at the time.
Summary:
The committee heard several bills focused on domestic violence protections, pay equity enforcement, Jewish demographic data collection, court transparency, auto glass insurance practices, pet policy disclosure for renters, and civil rights accountability for federal officers. SB 99 would require courts and law enforcement to better recognize military protective orders in domestic violence cases; supporters from the Department of Defense and military organizations said it would close jurisdictional gaps for military families, and the bill passed to Public Safety. SB 1237 would increase penalties for repeat noncompliance with California pay data reporting laws; supporters said stronger enforcement is needed to address persistent wage gaps, and the bill passed to Appropriations. SB 1387 would allow Jewish identity to be reported as an ethnic category in state demographic data; supporters said better data would improve policy and anti-discrimination efforts, while opponents argued the bill was unnecessary or divisive, and it passed to Privacy. SB 932 would require assignees filing civil actions to identify the original party in the case caption; supporters framed it as a transparency measure, and it passed to Judiciary/Appropriations on call.
The committee also took up SB 98, which would regulate auto glass insurance claims by restricting assignment of benefits, requiring clearer estimates and invoices, and limiting inducements to consumers. The sponsor and NICB said the bill would curb fraud and unsafe repairs, while independent glass shops and industry groups argued it could reduce consumer choice and favor insurer-aligned networks; the bill passed to Appropriations. SB 1296 would require landlords to disclose pet policies before collecting application fees and provide refunds if nondisclosure materially affected an applicant’s decision; supporters said it would save renters time and money, while rental housing representatives objected to a provision limiting eviction based solely on failure to sign a pet addendum. The bill passed to Appropriations.
Finally, SB 747, the No Kings Act, would create a California cause of action allowing people to sue federal officers for constitutional violations using standards similar to Section 1983. Senator Wiener and a witness who said he was unlawfully detained by Border Patrol argued the bill is needed because federal officers currently lack comparable accountability after the Supreme Court narrowed Bivens remedies. Law enforcement groups opposed the bill, warning that the qualified immunity language is unclear, could create a separate California standard, and might expose officers and governments to retroactive litigation; members discussed possible amendments on qualified immunity and retroactivity, and the bill was moved forward with an urgency amendment while negotiations continued.
MN
Minnesota 2025-2026 Regular Session
House Judiciary Finance and Civil Law Committee 2/20/25
Judiciary Finance and Civil Law
Transcript Highlights:
- We meant to make that retroactive, and we didn't, so we are fixing that.
- to make that retroactive and we didn't<01:08:46.440>
so <01:08:46.640>we <01:08:46.719> - TOD provisions that are retroactive.
- probates so we're making it retroactive probates so we're making it retroactive and<01:13:22.960
- <01:13:35.560>
the <01:13:35.719>insurance those are not retroactive the insurance
LA
Louisiana 2026 Regular Session
State Bond Commission May 21st, 2026
Transcript Highlights:
- This is a request for retroactive approval of a potential obligation that could be triggered if the City
- This is a request for a retroactive approval of a potential obligation that could be triggered if the
- We are making no recommendation, as it is a retroactive approval request, which is what we typically
- do. ...recommendation, as it is a retroactive approval request, which is what we typically do for applications
- that are seeking retroactive approval.
Summary:
The State Bond Commission met on May 21 with a quorum present and approved the April 16 minutes. The commission then reviewed and approved a large slate of local government and public authority financing requests, including election propositions for the November ballot, water and sewer infrastructure projects, fire protection and recreation district bonds, school board financing, and several refunding transactions. Most items were found to meet technical requirements and were approved on motions by Speaker DeVillier and seconded by Senator Talbot.
Among the more notable items were the East Baton Rouge City-Parish refunding bonds for the Greater Baton Rouge Airport District, the City of Kenner’s retroactive approval request tied to a convention center agreement with GMB Basketball LLC, a Louisiana Housing Corporation financing increase for the Federal City Building 10 affordable housing project, and preliminary approval for the Northwest Louisiana Finance Authority’s Petro Tower redevelopment in Shreveport. The commission also approved financing for Southern University’s Scott’s Bluff student housing project and the Crescent City Schools/Harriet Tubman Charter School project. The Crescent City Schools item prompted questions about how MFP funds are used; staff explained that lease payments would support the bonds and that MFP funds are generally split between educational expenses and facilities-related costs.
The commission received six monthly cost-of-issuance reports, which required no action, and a status update on the state debt schedule. It also approved Resolution No. 2 authorizing up to $425 million in general obligation refunding bonds to refund the Series 2016 bonds and tender other outstanding bonds for savings, with pricing tentatively set for June 16 and closing for June 30. During other business, New Orleans City Council President J.P. Morel thanked the commission for its role in helping address the city’s fiscal crisis and for approving a charter amendment election item aimed at strengthening budget oversight. The meeting adjourned after no further business.