Video & Transcript Research : 'guaranteed issue'

Page 54 of 500
NH
Transcript Highlights:
  • I'm not sure what you heard issue.
  • unaware that there's an issue. Right? unaware that there's an issue. Right?
  • of it because of that particular issue of it because of that particular issue which<04:06:40.720
  • the issue. the issue. >> Senator<04:08:08.880> Carson,<04:08:09.359> welcome.
  • the comments about COVID era um issues the comments about COVID era um issues to<04:08:23.040>
Keywords: 1189, house, all
Summary: The committee first adopted amendment 2026-2021S to correct a drafting issue in the budget language so that the $2.5 million appropriation for Medicaid per diem rate stabilization at county nursing homes can be spent during the biennium rather than lapsing at the end of the fiscal year. Senator Lang explained that the funds are matched with federal dollars for a total of $5 million and are intended to prevent rate reductions that could shift costs to county property taxpayers. The amendment was adopted unanimously by both chambers, and the committee proceeded on the bill as amended by the Senate. The main discussion then focused on HB 155 and a proposed amendment to the business enterprise tax. The House proposal would lower the BET rate in stages when combined business tax revenues exceed certain thresholds, while the Senate opposed an immediate rate reduction and argued that tax changes should be handled in a budget year. Senators emphasized that raising the filing threshold to $375,000 had already removed about 3,500 small businesses from filing requirements, and they preferred further relief through threshold changes rather than rate cuts. House members argued that the trigger-based reduction was a reasonable, tested mechanism and would provide future tax relief without taking effect unless revenues rose enough. Members debated whether the trigger could be distorted by one-time revenue spikes, such as the recent tax amnesty receipts and prior federal repatriation-related revenue, and Representative Sweeney said he was willing to adjust the effective date or carve out amnesty revenue. The committee did not reach agreement on the BET reduction, and the chair called a break and then continued the meeting later with a new proposal to delay the trigger’s effective date to January 1, 2028. Senator Lang rejected that version but offered a counterproposal to raise the filing threshold to $400,000, and the parties ultimately agreed to continue discussions and reconvene later. The meeting also took up HB 1102, concerning the research and development tax credit and state park fees. The House position was to support the R&D tax credit but remove the park-fee provisions, citing testimony from the Department of Natural and Cultural Resources that it did not need the increase and concerns about discouraging tourism, especially at border parks. Supporters of the park-fee language argued that the department had not raised rates in years, could set its own rates, and should be able to charge nonresidents more while keeping New Hampshire residents’ fees lower. The discussion remained unresolved, with members debating the likely effect on tourism and fairness to residents versus the need for additional revenue.
CA

California 2025-2026 Regular Session

Assembly Floor Session Jun 4th, 2025

California House Floor Meeting

Transcript Highlights:
  • My father had issues, he had a lot of issues, and it really plays downstream.
  • This bill does not guarantee any resentencing.
  • And so if that particular clerk of my hometown has a current issue, he doesn't have an issue with my
  • But if he has an issue with my bill, it is really because he has an issue.
  • I'd just like to close by putting this issue into context.
Keywords: 988, house, all
NY

New York 2025-2026 Regular Session

New York State Senate Session - 03/31/2026

New York Senate Floor Meeting

Transcript Highlights:
  • Without table targets, a lot of these issues that may be less controversial and really more about how
  • >> Yes. >> Senator yields. >> Senator, one of the major issues as we understand it is The Climate Law
  • and we commit ourselves to making sure that dignity, fairness, and respect are not promises but guarantees
  • AND WE COMMIT OURSELVES TO MAKING SURE THAT DIGNITY, FAIRNESS, AND RESPECT ARE NOT PROMISES BUT GUARANTEES
Keywords: 993, senate, all
Summary: The Senate convened, approved the prior journal, and then took up a Rules Committee report advancing several bills directly to third reading, including Senate Print 9630, an appropriations extender for government operations, and Senate Print 9631, an extender related to Part U1 of Chapter 61 of the Laws of 2023. The chamber then moved to the controversial calendar and debated the first extender, with Senator O’Mara questioning what the bill covered, how much funding it extended, and the status of budget negotiations. Senator Krueger said the extender covered about $1 billion for payroll and certain payments for agencies including Health, Law, OPWDD, and Veterans Services through April 7, and described the budget talks as still unresolved, with no announced follow-up Joint Budget Conference Committee meetings or table targets. She also discussed utility affordability proposals, including a three-year moratorium on A.I. and crypto data/storage facilities and support for green energy and low-income ratepayer relief. O’Mara argued the lack of urgency and absence of written proposals on climate and utility costs was concerning. Both extender bills were then passed, with the first receiving 59 ayes and the second passing 46-13 after debate over its two-year duration. The Senate then adopted the resolution calendar, excluding two items initially, and took up two resolutions. Resolution 1821, sponsored by Senator Ramos, recognized Farmworkers Day and highlighted the essential role of farmworkers, the history of organizing for farmworker rights, and concerns about immigrant workers facing fear and retaliation; Senator May added support, noting the importance of farm labor to dairy production and food supply and the impact of deportation fears on farms in her district. The resolution was adopted. Resolution 1823, sponsored by Senator Zellner, proclaimed March 20, 2026 as Behavior Analysis Day in New York, recognizing applied behavior analysis and its benefits for individuals with developmental disabilities, autism, education, healthcare, and other fields; it was also adopted. The chamber also welcomed a group of students from Queens visiting Albany, with Senator Comrie speaking about the importance of civics education and government engagement. After the introductions and acknowledgments, there was no further business, and the Senate adjourned until Wednesday, April 1, at 11:00 a.m.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Economic Development and Emerging Technologies Jun 21st, 2026 at 11:00 am

Joint Committee on Economic Development and Emerging Technologies

Transcript Highlights:
  • I know the senator is concerned with some of these issues, and all of you in different ways.
  • Circus Cooperative Cafe took time and energy, working in the dark for almost a year, without any guarantee
  • able to have jobs at the end of the process. ...working in the dark for almost a year without any guarantee
  • Worker ownership doesn't offer any guarantees of survival from the coming chaos.
  • I don't know, is there a technical issue? We'll come back to Dean.
Keywords: 995, all
Summary: The Joint Committee on Economic Development and Emerging Technologies held its first public hearing of the session, chaired by Rep. Carole Fiola with Sen. Barry Finegold. After housekeeping on livestreaming, virtual testimony, and written testimony deadlines, the committee heard testimony on several bills, with the main focus on S. 303/H. 503/S. 305 and H. 491, all related to worker ownership and business succession. Testimony generally supported expanding employee ownership, right of first refusal for workers, and incentives for owners to sell to employee groups. Speakers from worker co-ops, technical assistance organizations, lenders, and business owners said these measures could preserve local businesses, protect jobs, build worker wealth, and help communities retain valued services and storefronts. On S. 303, Vincent Lawrence Dixon described a proposal to create tools such as a special community trustee, right of first refusal, and community institution landmarks to help communities preserve important local properties and uses when owners cease operations. On H. 491 and the employee-ownership bills, witnesses including Matthew Page Lieberman, Caleb from Circus Cooperative Cafe, Sarah Acefa of Dorchester Food Co-op, Halsey Platt, Kevin O'Brien, John Abrams, Virginia Berman, Stacey Cordero, Adrian Roman, Alex Popali, Adam Trott, and Ethan Tupelo emphasized that worker-owned businesses can be more resilient, support democratic participation, and help with business transitions as owners retire or close. Committee members asked questions about the tax incentive threshold, the timing and mechanics of the right of first refusal, and whether the bills would affect sale prices or business succession. Rep. Kristen Kassner also testified on H. 490, which would create a special commission to inventory the Commonwealth’s built environment, infrastructure, permitting, and land-use barriers to help Massachusetts adapt vacant or underused spaces for the next economy. She said the commission would help identify opportunities for housing, climate and energy tech, advanced manufacturing, and other uses, and members discussed commission composition and data sources. At the end of the hearing, the chair read a series of additional bills into the record, noted an upcoming Economic Development Expo, and the committee adjourned after a motion and second.
MN

Minnesota 2025-2026 Regular Session

House Higher Education Finance and Policy Committee 2/26/26

Higher Education Finance and Policy

Transcript Highlights:
  • interference and hosts a guaranteed interference and hosts a guaranteed sense<00:31:54.080> of
  • In January alone, we issued 17 campus-wide communications.
  • <01:02:37.720> 17 In January alone, we issued 17 In January alone, we issued 17 campus-wide
  • The tabletop issues that were put into place.
  • What issues that were put into place.
Keywords: 1183, house
Summary: The committee adopted the minutes from its February 24, 2026 meeting after a motion by Vice Chair Coulter. The hearing then focused on the impact of federal immigration enforcement, referred to throughout as Operation Metro Surge, on Minnesota college campuses. The chair said the purpose was to document alleged abuses, campus fear, and racial discrimination, and to hear from testifiers about effects on students, faculty, and staff. Representative Novotny briefly objected to the framing, saying the committee should be finding facts rather than making a predetermined presentation, and the chair responded that members should remain respectful and that questions would be held until after all presenters testified. Augsburg University President Paul Pribbenow described what he called relentless and unprecedented disruption, including student stops and interrogations, family separations, and an ICE operation on campus in which armed masked agents allegedly detained a student without a warrant and pointed weapons at students and staff. He said the campus received bomb threats afterward, increased virtual learning options, and saw spikes in student support needs, housing assistance, and leaves of absence. Jenna Chernega of the Inter Faculty Organization said faculty across Minnesota State universities reported widespread student and colleague stress, increased workload, disappearing students, and a need for clearer sensitive-location protections and academic freedom guidance. Mark Grant of Minnesota State College Faculty said community conditions inevitably affect classrooms, that campuses have not yet had an ICE incident but are bracing for one, and that faculty want to support students and may need financial help if enrollment declines. Jennifer Irwin of AFSCME said fear from ICE activity extends beyond campus boundaries and is affecting attendance, work, and daily life for staff and students; she cited a member detained in St. Paul while trying to prove legal status. Student testifiers Brendan Frazier of Concordia University, St. Paul, Jonathan Fitzgerald of Minnesota State Mankato, Sudi Adow of Lead MN, and Will Luther of the University of Minnesota Twin Cities described panic, reduced attendance, food insecurity, disrupted classes, and fear of leaving home or commuting to campus. They urged stronger student privacy protections, support for international and immigrant students, emergency aid, and policies to keep campuses safe. No further committee action or votes were taken after the minutes approval.
TX

Texas 89th Regular

Higher Education Apr 29th, 2025

Higher Education

Transcript Highlights:
  • They have enrollment issues. Yes. So I think this is. going to affect that as well.
  • I don't think that there's going to be an issue. OK.
  • The higher the amount that you have to pay out-of-pocket, but even then, it's not even guaranteed that
  • And I want to quickly address one other issue. that the Texas DREAM Act is an incentive that motivates
  • So if you can just kind of talk about that a little bit more because that is to me the biggest issue
Bills: HB232
NM

New Mexico 2025 Regular Session

IC - Investments and Pensions Oversight Nov 5th, 2025

Investments & Pensions Oversight Committee

Transcript Highlights:
  • One of the issues.
  • It's a health care issue.
  • That's not as much of an issue for us because we don't have the same level of liquidity issues that,
  • We don't have those issues for a couple of reasons.
  • It's a budget issue.
MN

Minnesota 2025-2026 Regular Session

Committee on Transportation - 03/10/25

Transportation

Transcript Highlights:
  • It is a positive move towards guaranteeing that rail equipment and track meet federal regulations, that
  • It is a positive move towards guaranteeing that rail equipment and track meet federal regulations, that
  • is a positive move towards guaranteeing is a positive move towards guaranteeing that<00:04:20.880
  • Miss probably has it on top of her head, but we do find fairly significant issues through some of these
  • <00:45:19.880> with really knows there's not an issue with really knows there's not an issue
Keywords: 1187, senate, all
CA
Transcript Highlights:
  • And if we don't have snowmelt, we're going to run into issues.
  • My colleague already talked a lot about the issues.
  • This is relevant particularly because... ...that guarantees this in the long term.
  • No, that is a thermal nuclear issue, and this bill does not veer into that territory.
  • That issue. Can I fold up? Some real issues. Some real issues. Thank you. Thank you. Thank you.
Summary: The committee heard several water- and environment-related bills. SB 72, by Senator Caballero, would modernize the California Water Plan and set long-term water supply targets, including an interim goal of 9 million acre-feet of additional water by 2040. Supporters from water districts, local governments, business groups, and agricultural interests argued the bill is needed to address climate-driven shortages, protect the economy, and improve planning for droughts, flooding, recharge, recycling, storage, and conveyance. Opponents, including environmental and conservation groups, argued the bill could overstate demand, increase costs, and make it harder to protect instream flows and ecosystems. The committee discussed the science behind the 9 million acre-feet target and the need to balance water supply planning with fish and ecological needs. SB 72 passed on a do-pass motion to Appropriations. SB 369, by Senator Padilla, would require a local skilled and trained workforce for all Salton Sea restoration work. The author and sponsors said the bill would protect workers exposed to hazardous conditions at the Salton Sea, create good local jobs in Imperial County, and ensure long-term workforce standards for publicly funded restoration projects. Support came from labor organizations, contractors, and other regional stakeholders; no opposition testified. Members emphasized the region’s high unemployment and the importance of workforce development. The bill passed on a do-pass motion to Labor and Employment. SB 697, by Senator Laird, would update the stream system adjudication process by allowing the State Water Board to use modern technology, such as stream gauges and digitized records, when investigating water rights claims, while still allowing field investigations when needed. The author said the process has not been updated since 1976 and should be streamlined. After amendments addressed stakeholder concerns, there was no opposition testimony. The committee asked whether the bill would affect pre-1914 water rights, and the author said it would not. SB 697 passed as amended to Judiciary. The committee also approved consent calendar items SB 599, SB 609, and SB 765 earlier in the hearing.
TX

Texas 89th Regular

State Affairs Apr 9th, 2025

State Affairs

Transcript Highlights:
  • Joint Base San Antonio recently issued a dormitory project. ...required a PLA.
  • So the issue is, there are a couple of Texas studies.
  • Has President Trump issued an executive order reversing those policies?
  • These agreements not only ensure that skilled workers are hired, But they also guarantee that we are
  • That's why this is such an important issue: to have a good adjusted load forecast.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 6th, 2026 at 09:18 am

Senate Finance

Transcript Highlights:
  • During that time frame, we issued a request for information to providers and other stakeholders to collect
  • They're not guaranteeing funding.
  • I would not say I feel like there's an absolute guarantee that New Mexico will receive funding.
  • So I think they will notify states, but there was no guarantee of funding in years out years.
Bills: SB193, SB132, SB35, SB145
NH
Transcript Highlights:
  • Well, the question would be, is would they have solvency issues or financial issues that would need them
  • that solvency issues or financial issues that solvency issues or financial issues that would<
  • surprise uh with respect to the issues surprise uh with respect to the issues that<00:29:31.320>
  • This issue was brought to our attention by the U.S. Chamber as an emerging issue.
  • This issue was brought to our attention by the U.S. Chamber as an emerging issue.
Keywords: 928, house, all
Summary: The committee heard testimony on HB 733-FN, a bill concerning third-party litigation financing (TPLF). Representative Cole, the prime sponsor, described TPLF as outside investors funding lawsuits in which they have no personal stake, arguing that the practice is largely unregulated, can involve foreign entities, increases litigation abuse, and contributes to higher insurance and consumer costs. He said the bill is modeled on an NCOIL proposal and would require disclosure of TPLF agreements, with guardrails and reporting requirements on specified pages of the bill. He also noted a couple of drafting fixes, including adding the word “knowingly” and incorporating a missing section later. Members raised questions about the bill’s foreign-entity language, especially the provision allowing a governor or the Department of Safety to designate a country as a threat to critical infrastructure. Representative Cole said he would have lawyers review that issue. Another member asked whether the bill would prohibit a party from obtaining outside funding for a lawsuit; Cole clarified that the bill is intended as a reporting measure, not a ban, and that disclosure would be required. He also said the bill is aimed at American citizens rather than foreign-backed financing, and that some states had considered caps on such arrangements, though this bill does not. Brandon Gratz of the Attorney General’s office testified that the enforcement language appears too limited, because it would allow only civil penalties and not broader Consumer Protection Act remedies such as injunctions or restitution. He suggested the Attorney General may not have meaningful authority under the bill as written and raised possible insurance-law issues. Commissioner D.J. Benton-Court of the Insurance Department said the disclosure could help insurers better assess risk and potentially soften the hard insurance market by improving transparency, competition, underwriting, innovation, and claims management. He also said the bill likely needs further work on jurisdiction and enforcement, and that the committee may need to coordinate with the Attorney General, Insurance Department, and possibly banking regulators. No vote was taken in the portion provided.
MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 2/19/26

Education Finance

Transcript Highlights:
  • And the issues go on. These issues do not stem from the immigration enforcement.
  • These issues have not been resolved.
  • And the issues go on. These issues do not stem from the immigration enforcement.
  • <00:03:05.519> These issues and the list goes on. These issues and the list goes on.
  • We cannot guarantee safety. I keep We cannot guarantee safety.
Keywords: 1183, house
TX

Texas 89th Regular

89th Legislative Session May 19th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • We should be concerned about rural communities that might have this issue as well.
  • Victims do need to be notified, so I have no issues with that.
  • Well, it's not an issue to the extent that it is in the larger counties.
  • It’s a very complex issue.
  • But I also get how incendiary this issue is. So it's a very reluctant vote from me.
TX

Texas 89th Regular

Criminal Justice May 22nd, 2025

Criminal Justice

Transcript Highlights:
  • House Bill 3185 addresses this issue by empowering Texas prosecutors to issue administrative subpoenas
  • House Bill 3185 addresses this issue by empowering Texas prosecutors to issue administrative subpoenas
  • The DMV would still issue two license plates to motor vehicle owners.
  • There are two issues. Mr. Chair, as you've recited, There are two issues. Mr.
  • So that would be one issue, as you recited it.
Bills: HB75, HB108
Summary: The committee heard a series of criminal justice and public safety bills, with most measures focused on tougher penalties, victim protections, and procedural changes. Bills discussed included HB 75, requiring magistrates to make written findings when denying probable cause despite believing an arrestee committed an offense; HB 413, limiting pretrial detention so it cannot exceed the maximum jail term for the charged offense, with competency-related exceptions; HB 1422, expanding sexual assault survivor protections and increasing penalties for certain sexual offenses and voyeurism; HB 2073, increasing penalties for violating protective orders or bond conditions while armed; HB 2593, raising indecent assault penalties against elderly or disabled victims; HB 108, enhancing punishment when body armor is used during violent crimes; HB 3816, expanding cruelty-to-livestock offenses to include unlawful controlled-substance administration; HB 2854, requiring parole officers to notify hospitals or law enforcement when violent parolees visit hospital premises; HB 1871, increasing punishment for attempted capital murder of a peace officer and making such offenders ineligible for parole; HB 3463, clarifying notice methods in theft-of-service cases; HB 2348, allowing video-recorded depositions of elderly or disabled witnesses; HB 2594, expanding venue options for cybercrime and digital theft prosecutions; HB 2761, clarifying that children cannot be deemed to consent to prostitution-related offenses; HB 3185, authorizing administrative subpoenas in cybercrime investigations; HB 2017, increasing penalties for certain intoxication manslaughter cases involving undocumented immigrants with prior DWI convictions; HB 2306, making certain trafficking offenses ineligible for parole; HB 1607, allowing a rear-only license plate when a vehicle lacks a front bracket; HB 1828, creating a legislative leave pool for TDCJ correctional officers; and HB 3664, requiring prospective grand jurors to complete training and proposing additional changes to grand jury procedure in a future substitute. The committee also took up HB 3073, the Summer Willis Act, which would clarify consent in sexual assault law and address intoxication-related incapacity; the committee substitute narrowed the language to situations where the perpetrator knows the other person cannot consent because of intoxication or impairment, while removing withdrawal-of-consent and “reasonably should know” language from the House version. Several bills were laid out with committee substitutes adopted, including HB 3463, HB 2594, HB 3073, and HB 3073’s substitute, and most bills were left pending after no invited or public testimony or after hearing testimony. Public testimony was especially extensive on HB 3073, with survivors, advocates, and prosecutors supporting broader consent language, while some prosecutors said the substitute was an improvement but still favored the House version’s broader protections. HB 3664 drew significant opposition from district attorneys, who argued that mandatory transcription or recording of grand jury testimony would be costly, chill grand juror questioning, and complicate timely presentations; concerns were also raised about new-evidence requirements and grand jury shopping. No final votes were taken on the bills discussed in the transcript, and the committee recessed partway through to return to the floor before continuing its hearing.
TX

Texas 89th Regular

Higher Education Mar 4th, 2025

Higher Education

Transcript Highlights:
  • Of course, it's a place where you can impact a wide variety of issues that affect everything. in our
  • society, but I'm especially interested in workforce issues this session, as I think many of us are.
  • Chair Wilson and members, thank you for your leadership, your attention to these critical issues, and
  • While we're proud of these numbers, I can guarantee you each of our institutions is working to improve
  • For example, some of you may have heard recently about Texas State's new Bats to Cats gear Guaranteed
Keywords: 1184, house, all
TX

Texas 89th Regular

Public Education Mar 4th, 2025

Public Education

Transcript Highlights:
  • Now, on another mental health issue, insurance.
  • One issue, this.
  • So this isn't just a 14 county issue dealing with property.
  • So it's not only an issue.
  • On this issue. So Mr.
Bills: HB2, HB2
MN

Minnesota 2025-2026 Regular Session

Utility executive compensation 3/17/26

Minnesota House Floor Meeting

Transcript Highlights:
  • Regulators recognized this issue and the PUC took action to address it in its rate case with Xcel.
  • And after Xcel challenged it and the court ordered additional process, the PUC recently issued an order
  • And while I'm encouraged to see the PUC tackling this issue with the regulatory tools we have, it's our
  • Where we part company slightly is where we should begin on those issues.
  • I've heard Chair Sinsky bring this issue up year after year after year and it's always shot down.
Keywords: 919, house, all
Summary: The committee heard House File 76, as amended by the adopted A1 amendment, and the chair moved the bill to be re-referred to the general register. The bill would limit the amount investor-owned utilities can charge ratepayers for executive compensation, capping recoverable pay for the top 10 executives at the governor’s salary. Representative Greenman argued the measure would protect customers from paying for lavish executive pay and said it would not affect what executives are paid, only what can be recovered from ratepayers. She cited recent Public Utilities Commission action and ongoing rate cases as evidence the issue is real and recurring. Supportive testimony came from a Minneapolis resident describing financial hardship and rising utility bills, a local worker who said customers have no choice of utility provider and should not fund monopoly executive pay, and advocates from the Energy and Policy Institute and Utility Reform Now, who said ratepayers should not subsidize excessive compensation and that the bill is a targeted reform. Xcel Energy and CenterPoint Energy opposed the bill’s premise by defending the current regulatory process. Their representatives said the PUC already reviews executive compensation in rate cases, generally allows only limited recovery, and has used that process for decades. Xcel also emphasized its affordability programs and said executives help secure savings and investments for customers. Members discussed whether the legislature should set a bright-line rule or leave the issue to the PUC. Representative Greenman said the bill is needed because the PUC process can take years and the legislature should establish a clear standard for all investor-owned utilities. Some members supported the bill as a response to an affordability crisis and the lack of consumer choice, while others said the legislature should focus on broader energy-cost issues and existing regulatory tools. The committee did not take a final vote on the bill in the portion of the meeting provided, but the amendment was adopted and the bill was moved for re-referral to the general register.
MN

Minnesota 2025 1st Special Session

Committee on Agriculture, Veterans, Broadband and Rural Development - 02/17/25

Agriculture, Veterans, Broadband, and Rural Development

Transcript Highlights:
  • we learn about them talk through issues we learn about them and<00:01:02.760> uh<00:01:02.840
  • <00:14:32.000> uh now and we are having some issues uh now and we are having some issues uh
  • learned last Friday that there's issues learned last Friday that there's issues with<00:15:08.800
  • ordered and and put a personal guarantee ordered and and put a personal guarantee on<01:02:56.799
  • But I now have no guarantee that that investment will be reimbursed at the end of the year.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

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

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • ><00:08:43.680> state And if you recall, I just mentioned the COVID relief or the pandemic issues
  • that need to be resolved any issues that need to be resolved between<00:21:21.679> the<00:21:
  • They meet as a group, um, uh, periodically as well to discuss common issues and things across all of
  • We have critical transportation issues.
  • ><01:32:36.560> and property, their personal guarantee, and property, their personal guarantee
Keywords: 1183, house
Summary: The committee met on March 4, 2026, and focused almost entirely on an update and oversight discussion of the Promise Act, including its grant and loan programs. The chair opened by explaining that the committee wanted to better understand how the 2023 law was implemented, how funds are still being deployed in greater Minnesota and the metro, and whether adjustments made in 2024 and 2025 were working as intended. The minutes from March 3 were approved at the start of the meeting. Deputy Commissioner Kevin McKinnon of DEED outlined the program’s legislative history, funding structure, eligibility rules, and oversight process. He said the grant side has about $94 million available, with $16 million going to the Minnesota Initiative Foundations and $86 million to the Neighborhood Development Center, plus administrative and technical assistance set-asides. He noted legislative changes over time, including shifting the revenue eligibility test to the prior year, adding a home-office deduction requirement for businesses using a home address, and maintaining a preference for applicants who had not received more than $10,000 in prior state assistance. McKinnon said about $22 million had been awarded to 35 businesses at the time of the update, and that the loan program has $30 million appropriated, with about $9.5 million lent so far. He also described the application, verification, audit, and payment process, emphasizing that partners handle intake and DEED conducts final review and random audits. Shahir Ahmmed of the Neighborhood Development Center described the round-one and round-two grant process in more detail. He said NDC spent about nine months building the application platform, launched round one in June 2024, received more than 3,000 applications, and later paused awards while DEED and legislators clarified the law. He reported that 651 applications were approved in the first round for just under $9 million, and that round two launched in September 2025 with a goal of distributing up to $50 million in remaining grant funds. Ahmmed also explained the step-by-step applicant process, including email confirmation, eligibility screening, document upload, identity verification through Plaid, and final DEED review. He said applicants commonly use funds for payroll, equipment or inventory, rent, and utilities. The chair indicated there would be further testimony from other program partners and then member questions, but no votes or formal actions were taken on the Promise Act itself during this portion of the meeting.