Video & Transcript Research : 'Project 25'

Page 52 of 500
MN

Minnesota 2025-2026 Regular Session

House Capital Investment Committee 2/26/26

Capital Investment

Transcript Highlights:
  • /c><00:25:26.240> work<00:25:26.799> to<00:25:27.039> have<00:25:27.200> hit<
  • <00:25:30.159> And<00:25:30.320> this<00:25:30.559> is<00:25:30.640> what
  • Um, it is<00:25:34.000> a<00:25:34.159> tool<00:25:34.400> that<00:25:34.559>
  • :48.799> been<00:25:48.960> in<00:25:49.200> projects<00:25:49.760> in<00
  • :25:50.000> greater has been in projects in greater has been in projects in greater Minnesota.
Keywords: 1183, house
MS

Mississippi 2026 Regular Session

Wildlife, Fisheries and Parks - Room 210, 18 March, 2026; 1:30 PM

Wildlife, Fisheries and Parks

Transcript Highlights:
  • I spent a lot of time on Lake George and Panther Swamp. 30 years ago, 25 years ago, when mitigation projects
  • years ago when they 30 years ago, 25 years ago when they mitigation<00:20:57.040> projects<00
  • <00:25:25.080> about<00:25:25.560> you,<00:25:25.679> but<00:25:25.880> I
  • today<00:25:27.480> that<00:25:27.679> makes<00:25:28.000> me<00:25:28.120><
  • We're<00:25:41.280> not<00:25:41.480> going<00:25:41.600> to<00:25:41.679> go
Summary: The Wildlife, Fisheries Committee met to consider several Senate nominations to the Outdoor Stewardship Trust Fund board. The nominees included Richard Webster, Peyton Locky, Josh Ragio, and reappointee Van Ray. Each nominee briefly described his background and connection to the outdoors, conservation, or related business experience. Committee members repeatedly emphasized that the board should focus on projects that improve public access and advance conservation, while also considering projects across all regions of Mississippi, including north Mississippi. Members also raised concerns about the use of trust fund money for land purchases, noting that buying land can remove property from county tax rolls. Several senators urged the nominees to favor projects that maximize public benefit, avoid overemphasis on city parks or ball fields, and consider leasing land instead of purchasing it when possible. The nominees generally agreed that projects should be judged on merit, public access, and conservation value. One nominee, Webster, was reminded to file a statement of economic interest with the Mississippi Ethics Commission before floor consideration. The committee voted to advise and consent on Senate Nominations 2, 51 and 52, 53 and 54, and 89, moving all of them to the floor. The votes were taken by voice vote with no opposition recorded. Van Ray also discussed the committee’s earlier work creating procedures for the program and said the board had already supported many projects statewide, with a moratorium on land purchases currently in place.
MN
Transcript Highlights:
  • <00:25:28.000> of<00:25:28.320> projected<00:25:28.720> revenues<00:25:29.279>
  • > in<00:25:29.399> the amount of projected revenues in the amount of projected revenues in
  • of projected<00:25:32.760> expenditures<00:25:33.760> as<00:25:33.960> determined
  • drop one of those projected uh<00:25:47.320> it<00:25:47.440> says<00:25:47.840> funded
  • there no projected expenditures<00:25:55.960> on<00:25:56.080> the<00:25:56.200> actual
Keywords: 1183, house
Summary: House File 4, as amended, was heard in committee. The bill proposes a constitutional amendment to create a Minnesota tax relief account that would capture projected general fund revenues exceeding 105% of projected expenditures and return those funds to taxpayers, primarily through property tax relief or income tax relief. The committee adopted an amendment to put the bill in the author’s preferred shape, and later adopted a technical amendment from Representative Smith to insert the word “projected” before “expenditures” on line 2.2. Representative Johnson presented the bill as an affordability measure meant to return surplus money to the people rather than create new spending, arguing it would help homeowners and taxpayers if a surplus occurs. Ranna Lee of Americans for Prosperity supported the concept of returning surplus funds to taxpayers but also urged broader tax and budget reforms, including triggers for rate reductions and changes to budgeting practices. Nan Madden of the Minnesota Budget Project and Eric Bernstein of We Make Minnesota opposed the proposal, warning that embedding budget and tax rules in the Constitution would reduce legislative flexibility, weaken public investment, shift costs to local governments, and make it harder to respond to recessions or emergencies. Members raised questions about how the formula would work, who would qualify for refunds, whether corporations with property tax liability could benefit, and how the proposal would handle forecast-based calculations and unexpected events such as pandemics or federal policy changes. House research and committee staff clarified that the bill would need to go to Ways and Means and then Rules to satisfy House requirements for constitutional amendments, and that a fiscal note had been requested and was in process. The committee did not take final action on the bill in the portion of the transcript provided, but the motion before it was to recommend passage and send House File 4 to Ways and Means.
AL

Alabama 2026 1st Special Session

Alabama House State Government Committee Mar 18th, 2026

State Government

Transcript Highlights:
  • /c><00:25:21.200> of<00:25:21.279> the<00:25:21.360> inspectors<00:25:22.480>
  • >> Okay,<00:25:34.799> we<00:25:35.279> uh<00:25:35.360> we<00:25:35.600><
  • <00:25:40.960> Uh<00:25:41.600> amendment<00:25:42.000> will<00:25:42.320>
  • <00:25:49.279> any<00:25:49.679> project<00:25:50.159> exempt<00:25:50.799><
  • c> from letter E. any project exempt from letter E. any project exempt from approval<00:25:51.600
Bills: SB88, SB337
MN

Minnesota 2025 1st Special Session

House Capital Investment Committee 1/16/25

Capital Investment

Transcript Highlights:
  • > is<00:25:11.240> my<00:25:11.440> favorite<00:25:11.840> subject<00:25:
  • <00:25:18.679> you<00:25:18.799> should<00:25:19.200> have<00:25:19.760>
  • this<00:25:23.760> um<00:25:24.559> it<00:25:25.039> is<00:25:25.440> titled<
  • :46.520> and<00:25:47.080> um<00:25:48.080> I'll<00:25:48.240> just<00:25
  • single<00:25:49.480> line<00:25:50.080> but<00:25:50.320> to<00:25:50.480><
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.
KY
Transcript Highlights:
  • <00:25:13.360> So<00:25:13.520> they<00:25:13.760> do<00:25:13.840> this<
  • <00:25:20.480> in<00:25:20.720> our<00:25:20.880> last<00:25:21.039> round
  • > the<00:25:22.480> applications<00:25:22.960> they<00:25:23.200> had<00:25:
  • .<00:25:28.320> Unfortunately,<00:25:28.799> we<00:25:28.960> had<00:25:29.120><
  • 25:45.120> but<00:25:45.360> we<00:25:45.520> need<00:25:45.600> to<00:25
Keywords: 958, all
Summary: The committee received an update from Secretary Jeff Noel of the Kentucky Cabinet for Economic Development, joined by Matt Wingate and Terry Bradshaw of the Kentucky Association of Economic Developers, on the Kentucky Product Development Initiative (KPDI) and the closing fund. The presentation focused on how KPDI helps communities develop shovel-ready industrial sites by funding infrastructure, engineering, geotechnical work, and other site-preparation costs. Noel emphasized that the program is designed to reduce uncertainty for companies, improve speed to market, and support statewide job creation and investment, especially in rural and eastern Kentucky where development costs are often higher. Testimony highlighted the complexity and expense of preparing sites, with examples of road, water, power, and rock-removal costs, and the importance of third-party evaluation in scoring applications. Noel said the program has 116 total projects statewide, with 20 active projects stemming from pilot efforts and 35 projects already resulting in about 6,381 jobs and $4.4 billion in investment. He cited examples including Crown Holdings, Flash Metals, Phoenix Paper, Pratt Paper, AESC, Sound Elements, Kitchen Foods, Latte, Krueger, Biomass, and Anna Munsman. Bradshaw added that even communities that have not yet landed a project have benefited by building spec buildings or improving access to industrial property. The speakers said the last KPDI round drew $81 million in requests but only $35 million in available funding, and they urged lawmakers to consider whether additional funding or program adjustments are needed. Suggested changes included modestly increasing eligibility or funding flexibility for rural and eastern Kentucky, while maintaining third-party performance metrics, and continuing to prioritize finishing existing parks and creating strong regional sites. No votes or formal committee actions were taken during the meeting.
MN

Minnesota 2025-2026 Regular Session

Committee on Capital Investment - 02/26/26

Capital Investment

Transcript Highlights:
  • Uh,<00:25:11.280> at<00:25:11.440> the<00:25:11.520> same<00:25:11.800> time,
  • > months<00:25:14.280> ago,<00:25:14.960> our<00:25:15.679> deputy<00:25:
  • Uh,<00:25:19.400> and<00:25:19.760> so,<00:25:20.800> uh,<00:25:21.240> we
  • 01:25:29.000> smaller<01:25:29.520> project<01:25:30.080> that<01:25:30.200>
  • is<01:25:30.360> more pool is a smaller project that is more pool is a smaller project that
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House Legacy Finance Committee 3/4/26

Legacy Finance

Transcript Highlights:
  • c> lot<00:25:20.920> of<00:25:20.960> conversation<00:25:21.560> among<00:25
  • Where<00:25:24.600> can<00:25:24.800> we<00:25:25.440> tighten<00:25:25.760>
  • <00:25:28.840> And<00:25:29.000> I<00:25:29.040> would<00:25:29.200> say<
  • 25:40.240> them<00:25:40.400> to<00:25:40.520> do.
  • . projects. projects.
Bills: HF3564
Summary: The Legacy Finance Committee met to approve the prior meeting minutes and then heard a presentation from the Office of the Legislative Auditor on its performance audit of the Department of Natural Resources’ administration of Outdoor Heritage Fund grants. OLA explained that the DNR generally complied with the criteria tested, but the audit identified two main problem areas: grant payments and grant monitoring. The audit covered 13 grants, mostly legislatively named grants awarded in fiscal year 2020, and reviewed agreements, amendments, payments, monitoring, and some site visits. OLA reported that for three grantees, totaling about $400,000, invoices lacked enough detail to determine whether costs were allowable, and about $5,000 was paid to two grantees without sufficient supporting documentation. The auditors also said DNR lacked policies defining allowable costs and what “directly related to and necessary” means under state law. On monitoring, DNR missed required annual visits for six grants, made payments on current progress reports that were missing or not on file, and had weaknesses in closeout evaluations, including missing required elements, late completion, and two grants with no closeout evaluation at all. OLA recommended stronger documentation, clearer guidelines with the Lessard-Sams Outdoor Heritage Council, timely monitoring and closeout, obtaining progress reports before payment, and improved internal controls. Members reacted strongly to the findings, especially the repeated failures to follow grant procedures and the risks of legislatively named grants and advance payments. Representative Heintzeman and Vice Chair Skraba questioned whether the issues reflected broader problems in state grant oversight and asked about prepayments, follow-up, and whether more legislative action was needed. OLA officials said they do not rely on self-attestation, but instead retest agencies after 2 to 3 years, and noted a new annual update-report process that will track whether agencies implement prior recommendations. Judy Randall, the Legislative Auditor, said the laws and policies already exist and emphasized that the issue is ensuring agency staff follow them; she also said most recommendations in the recent update report had been implemented. No further committee action or vote was taken on the audit during this portion of the meeting.
MN

Minnesota 2025 1st Special Session

House Transportation Finance and Policy Committee 2/17/25

Transportation Finance and Policy

Transcript Highlights:
  • go<00:25:05.840> back<00:25:06.039> into<00:25:06.480> highways<00:25:06.840
  • > from<00:25:09.919> that<00:25:10.919> um<00:25:11.720> I<00:25:11.840><
  • ><00:25:16.399> fees<00:25:16.720> are<00:25:16.919> increased<00:25:17.559>
  • :21.760> every<00:25:22.000> year<00:25:22.640> we<00:25:22.760> do<00:25
  • :25:24.600> round<00:25:24.880> it<00:25:25.000> to<00:25:25.159> the<00:
MN

Minnesota 2025-2026 Regular Session

Committee on Environment, Climate and Legacy - 03/17/26

Environment, Climate, and Legacy

Transcript Highlights:
  • They will re randomly<00:25:13.520> review<00:25:13.919> projects<00:25:14.400> that
  • projects that OF has paid<00:25:15.679> for<00:25:16.240> and<00:25:16.480> they
  • That's just a map of all<00:25:40.400> the<00:25:40.640> projects<00:25:40.960> that
  • <00:25:41.200> have<00:25:41.440> been all the projects that have been all the projects
  • <00:25:55.840> Um<00:25:56.240> but<00:25:56.480> you project system that we
Keywords: 1187, senate, all
KY
Transcript Highlights:
  • ,<00:03:44.799> but project, or not every project, but project, or not every project, but
  • . project. project.
  • > a<00:25:04.240> 60-y<00:25:04.480> old<00:25:04.880> pool<00:25:05.120>
  • <00:25:06.559> So<00:25:06.720> we<00:25:06.960> decided<00:25:07.279> to
  • And<00:25:33.360> we're<00:25:33.520> also<00:25:34.400> there's<00:25:34.720>
Keywords: 958, all
Summary: The Budget Review Subcommittee on Economic Development, Tourism, and Energy and Environmental Protection met at 9:00 a.m., approved the June 3 minutes, and heard a presentation from the Department of Parks and the Finance Cabinet on Kentucky State Parks capital projects. Commissioner Mark Keelin and Scott Baker described the scope of the state parks system, the ongoing coordination with DECA/Finance Cabinet, and the status of projects funded through House Joint Resolution 76, House Bill 553, House Joint Resolution 56, and House Bill 6. They said 36 of 44 state parks have received renovations or upgrades, with 66 projects completed and 17 under construction, and outlined work on campgrounds, utilities, wastewater systems, broadband, building systems, safety upgrades, ADA improvements, pools, golf courses, marinas, and lodge accommodations. The presenters highlighted several completed or active projects, including campground upgrades at Carter Caves, Ken Lake, and My Old Kentucky Home; utility and grid-resilience work at parks such as Kentucky Dam Village and Kincaid Lake; wastewater projects at parks including E.P. Tom Sawyer, Carter Caves, Dale Hollow, and Blue Licks Battlefield; and building and hospitality renovations at parks such as Lake Barkley, Baron River, and Cumberland Falls. They also noted completed playground upgrades, lock system replacements, beach refurbishment, and golf course improvements, and said the parks system is managing additional internal projects beyond those discussed. The department emphasized that parks often serve as sheltering locations during disasters and that infrastructure replacement is a high priority. Scott Baker then explained DECA’s role in managing the Commonwealth’s capital construction program, saying it oversees about 1,300 active projects across 28 cabinets and agencies, including 149 parks projects. He described DECA’s team-based approach, with dedicated project managers and field staff assigned to parks, and said monthly status meetings and more frequent check-ins are used to keep projects moving. In response to committee questions, Keelin and Baker said projects are assigned to DECA based mainly on the need for architectural or engineering services, while smaller or less complex work can be handled in-house by parks staff or the P11 construction crew. No votes were taken beyond approving the minutes.
MN

Minnesota 2025-2026 Regular Session

Committee on Capital Investment - 04/23/26

Capital Investment

Transcript Highlights:
  • , especially a sewer project or water project or any project really, a building project, is partially
  • That for the water<00:25:18.360> tower<00:25:18.679> project,<00:25:19.160> we<00
  • tower project, we do need to have water tower project, we do need to have an<00:25:20.240> MMB
  • <00:25:25.120> center<00:25:25.440> project<00:25:26.679> and<00:25:26.880><
  • c> we the community center project and we the community center project and we don't<00:25:27.200>
Keywords: 1187, senate, all
HI

Hawaii 2026 Regular Session

HOU-WLA Public Hearing 02-17-2026

Transcript Highlights:
  • . projects. projects.
  • :25:04.320> us<00:25:04.559> that<00:25:04.880> they<00:25:05.200> really
  • <00:25:06.960> The<00:25:07.200> reality<00:25:07.520> is<00:25:07.840> I
  • > there<00:25:37.200> is<00:25:37.360> sort<00:25:37.440> of<00:25:37.520
  • > too,<00:25:38.799> which<00:25:39.039> is<00:25:40.159> um<00:25:40.480
Keywords: 912, senate, all
Summary: The joint hearing covered several housing-related measures. On SB 2068, which would create an affordable housing land inventory task force within the Office of Planning and Sustainable Development to study how to maximize housing on transit-oriented development and other state and county lands, testimony was mostly supportive from agencies and housing groups, with one opposition witness. In response to questions, OPSD said it was already working on a list of potential parcels but could not yet identify unit counts or a timeline, and estimated about $250,000 would be needed for staffing and contractual support. The committees also heard SB 2227 on rental assistance, which would require HPHA to make monthly rent supplement payments, prioritize certain tenants including kupuna, allow agreements with counties and nonprofits, and create a special fund supported by a transaction fee on recordings. HPHA supported the bill, and the Department of the Attorney General said it recommended amending the measure to describe the fee as a tax. Additional testimony included support from elder and community organizations and one opposition witness. For SB 2061, relating to residential condominiums and the 99-year leasehold program, HCDA and the project developer testified in support of amendments intended to preserve owner-occupant requirements while making the project more marketable and financially feasible. Members focused heavily on parking, affordability, and financing. HCDA and the developer said the parking stalls would be unbundled from the units, that the project would be a 99-year leasehold with 60% of units reserved for buyers at or below 140% AMI and 40% market-rate, and that the state’s $15 million equity contribution would cover only part of the parking garage and commercial component. The hearing then moved on to SB 3327, relating to HCDA and complete communities, but the transcript cuts off before that measure was fully discussed.
MN

Minnesota 2025 1st Special Session

Committee on Capital Investment - 02/18/25

Capital Investment

Transcript Highlights:
  • and Highway projects and Bridge projects and Highway projects and Bridge projects and thank<00
  • :00.279> and<00:25:00.440> and<00:25:00.559> that<00:25:00.679> has<00:25
  • <00:25:06.919> in<00:25:07.520> with<00:25:07.640> the<00:25:07.760> food
  • <00:25:12.840> comment<00:25:13.200> just<00:25:13.440> also<00:25:13.799>
  • <00:25:59.600> construction<00:26:00.320> projects forward with new construction projects
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House Capital Investment Committee 3/25/25

Capital Investment

Transcript Highlights:
  • <00:25:05.000> be<00:25:05.080> forced<00:25:05.399> into homelessness<00:25
  • 30.919> projects<00:25:31.600> and<00:25:31.760> get new affordable housing projects
  • and get new affordable housing projects and get more<00:25:32.200> people<00:25:32.480> into
  • none chair Howard<00:25:49.360> uh<00:25:49.640> thank<00:25:49.760> you<00:25:
  • :25:55.840> um<01:25:56.360> if<01:25:56.480> you<01:25:56.600> have<01:25
KY
Transcript Highlights:
  • You clawing<00:25:20.240> back<00:25:20.400> any<00:25:20.799> I<00:25:20.960>
  • for<00:25:26.799> because<00:25:27.120> that's<00:25:27.360> where<00:25
  • /c><00:25:28.960> trying<00:25:29.279> to<00:25:29.520> fill<00:25:29.760> in
  • have to say a great<00:25:36.559> deal<00:25:36.720> of<00:25:36.799> the<00:25
  • And I believe<00:25:44.320> we've<00:25:44.640> got<00:25:44.720> a<00:25:44.799
Keywords: 958, all
Summary: The Budget Subcommittee on Economic Development, Public Protection, Energy and Environment, and Tourism met for its fourth meeting and approved the February 10 minutes. The committee then heard a presentation from the Cabinet for Economic Development, led by Secretary Jeff Noel, with staff from the cabinet and Kentucky Innovation. The presentation focused on the cabinet’s strategy, including workforce, entrepreneurship, innovation, infrastructure, and placemaking, and emphasized a goal of supporting higher-wage jobs while tailoring programs to urban, non-urban, and rural “heritage communities.” The cabinet reviewed several funding tools and programs, including economic development bond funds, EDF funds, KBI, the Kentucky Innovation Pool, KSTC-related startup and commercialization programs, veteran workforce programs, and Bluegrass State Skills Corporation training funds. Officials said many projects take years to close and that funds are often committed before they are actually disbursed because reimbursements occur after project completion. They also said Kentucky is less competitive than before because of changes in tax policy and that EDF funds are increasingly important to remain competitive with other states. Members asked about whether previously allocated money remained available, whether some funds could be clawed back, and the status of the Blue Oval project. The cabinet said it is oversubscribed, with some committed dollars likely to go unused and be reoffered to other projects. On Blue Oval, officials said progress had been made and described negotiations tied to repayment and job creation requirements. They also discussed the Ford/SK loan structure, saying the companies may assume the full $250 million obligation and that repayments would be required if job targets are not met. The presentation closed with discussion of workforce coordination and the need to connect economic development projects with training and support systems, including possible ripple effects for rural suppliers and related businesses.
HI

Hawaii 2025 Regular Session

WAM-HOU Informational Briefing 02-06-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • Project looking at our projected rhrf is Project looking at our projected closings<00:15:55.920>
  • projects and basically a state project projects and basically a state project would<00:20:07.840
  • to<01:25:31.560> put<01:25:31.800> up<01:25:32.119> and<01:25:32.280> I
  • c><01:25:32.400> think<01:25:32.600> they<01:25:32.800> did<01:25:33.119> we<
  • :25:36.360> this<01:25:36.960> okay<01:25:37.159> wait<01:25:37.320> why<
Keywords: 912, senate, all
MN

Minnesota 2025 1st Special Session

House Legacy Finance Committee 3/5/25

Legacy Finance

Transcript Highlights:
  • <00:09:04.000> and project is an acquisition project and project is an acquisition project
  • per<00:25:03.039> acre<00:25:03.919> and<00:25:04.080> if<00:25:04.159>
  • > side<00:25:06.559> of<00:25:06.720> the<00:25:07.080> protectant<00:25:
  • 00:25:09.559> cost $9,600<00:25:28.360> needs<00:25:29.159> they<00:25:29.279>
  • <00:25:37.360> to<00:25:37.520> provide<00:25:37.919> so<00:25:38.679> um
Bills: HF1250
NH

New Hampshire 2025 Regular Session

House Public Works and Highways (03/14/2025)

Transcript Highlights:
  • How that would relate to the project that they've asked for going forward in the '25 budget.
  • > to<01:25:10.040> fund<01:25:10.840> their<01:25:11.080> a<01:25:11.440>
  • ><01:25:14.040> can<01:25:14.280> do<01:25:14.679> that<01:25:15.199> with
  • this money<01:25:17.199> there<01:25:17.320> you<01:25:17.520> go<01:25:18.560><
  • 25:25.320> and<01:25:25.440> we<01:25:25.639> also<01:25:26.000> have<01:
Keywords: 928, house, all
Summary: The subcommittee met to review the lapse extensions in the back of House Bill 25, which governs capital budget appropriations and bonding. Members were walked through how the bill is structured: section 1 covers general, federal, and other funds; section 2 covers highway fund appropriations; later sections authorize borrowing, restrict spending to the stated purposes, and explain why community colleges and the university system operate through their boards of trustees. The chair also explained that lapse extensions are needed because capital projects can span multiple years, and that appropriations normally expire at the end of the biennium unless extended. A substantial portion of the discussion focused on how to identify unspent balances and whether they should be extended, repurposed, or allowed to lapse. Members discussed that if a project is complete or an agency confirms it no longer needs the money, the remaining balance can be reused for another project or, if not needed, lapse back. The committee also reviewed the meaning of bill references and chapter numbers, and how to read prior-year appropriations and extensions in the worksheet. One example discussed was a 2023 Department of Administrative Services courthouse generators item, and members noted that some agencies may rely on encumbered balances rather than explicit lapse extensions, though the chair said he prefers including the extension for flexibility. The committee identified at least one specific change: the Jeffrey Ringe CTE renovation was removed from the governor’s recommended budget because the required local match was not approved, freeing about $18.5 million for possible reuse. Later, the chair noted that lapse extension 49 on the worksheet was no longer needed and could be removed, leaving an unspent balance of $81,500 available for repurposing. The discussion also referenced a Department of Transportation item, Caroline Stratford Freight Rail Improvements, which the agency asked to keep alive through a lapse extension so the funds would not expire on June 30. No formal votes were taken in the portion provided.
KY

Kentucky 2026 Regular Session

Senate Standing Committee on Transportation (2-4-26)

Transportation

Transcript Highlights:
  • <00:25:10.720> have<00:25:11.600> uh<00:25:11.679> the<00:25:11.919> proper
  • >> You<00:25:27.200> want<00:25:27.279> to<00:25:27.360> go<00:25:27.440><
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Keywords: 958, all
Summary: The Transportation Committee met to review the Transportation Cabinet’s budget request and the recommended highway plan; no votes were taken. Secretary Jim Gray opened with praise for KYTC snow and ice crews, describing their response to recent winter storms and noting the scale of the effort, including about 2,300 workers, 1,438 pieces of equipment, and more than 948,000 miles driven in the first week. He then outlined the cabinet’s overall highway plan, saying it includes more than 1,300 projects and about $9.5 billion in anticipated state and federal funding over six years, with roughly 40% directed to existing pavements, bridges, and guardrails. He highlighted major priority projects such as the Mountain Parkway four-laning, the Brent Spence Companion Bridge, and the I-69 Ohio River crossing. Budget director Sean McCarron explained that the cabinet adjusted its request after the Consensus Forecast Group lowered road fund revenue estimates, and said the cabinet only included additional requests it viewed as essential. He described requests to support driver licensing regional offices, including funding to maintain temporary and contract staff used to reduce wait times, expand offices from 35 to 41 locations, and support improved customer service; he warned that without the current-year increase, wait times would rise again. He also discussed maintenance funding, saying the proposed increases would help cover rising costs for salt, snow and ice drivers, and mowing, while allowing continued litter pickup, vegetation management, pothole repair, and more in-house snow and ice work. Deputy Secretary Mike Hancock addressed specific capital questions, especially the Brent Spence Bridge and Cairo Bridge. For Brent Spence, he said the requested $125 million in general funds is needed because construction costs have risen sharply, citing a 61% increase in highway construction costs from 2020 to 2025, and said Kentucky and Ohio are both contributing to keep the project moving. He added that if the legislature does not provide the $125 million, KYTC would have to shift $100 million in federal highway funds and $25 million in state match from other projects. Hancock also reviewed several project reauthorizations for maintenance facilities and aviation projects, and noted a $5 million federally funded truck parking project aimed at addressing statewide truck parking shortages, especially along interstates and in areas such as Louisville, northern Kentucky, Frankfort, Somerset, and western Kentucky.