Transcript Highlights:

• I'm concerned that sometimes we're restructuring the government because of the problems that we have

Transcript Highlights:

• We've restructured Senate Bill 17. i.e. title companies, they're insulated 100%.

Bills: SCR5, SCR13, SB3, SB6, SB10, SB12, SB13, SB15, SB17, SB18, SB19, SB24, SB35, SB57, SB65, SB112, SB284, SB290, SB388, SB400, SB402, SB412, SB495, SB499, SB502, SB509, SB621, SB706, SB740, SB815, SB842, SB854, SB875, SB893, SB917, SB974, SB1025, SB1061, SB1073, SB1106, SB1268, SB1281, SB1300, SB1362, SB1379, SB1447, SB1451, SB1555, SB1902, SJR36, SJR12, SCR13, SCR25, SCR5, SCR22, SCR12, SCR24, SB495, SB412, SB10, SB18, SB565, SB372, SB842, SB765, SB62, SB19, SB666, SB707, SB888, SB687, SB706, SB847, SB290, SB13, SB1248, SB740, SB14, SB1006, SB504, SB917, SB925, SB388, SB1902, SB1121, SB995, SB857, SB305, SB296, SB284, SB35, SB6, SB815, SB3, SB1281, SB1379, SB1300, SB1497, SB1499, SB1498, SB1451, SB1061, SB15, SB65, SB241, SB304, SB402, SB499, SB621, SB974, SB1023, SB1024, SB1025, SB1106, SB686, SB112, SB371, SB204, SB400, SB609, SB1447, SB670, SB502, SB427, SB850, SB854, SB413, SB1555, SB1362, SB1346, SB1033, SB1220, SB1073, SB810, SB987, SB1539, SB893, SB447, SB875, SB406, SB509, SB985, SB965, SB17, SB1119, SB1505, SB12, SB24, SB57, SB1194, SB1253, SB1215, SB1532, SB1268, SB1302, SB856, SB650, SB583, SB673, SB840, SJR57, SCR8, SB213, SB681, SB1172, SB1252, SB378, SB610, SB918, SB1343, SB608, SB487, SB955, SB957, SB988, SB990, SB1019, SB1021, SB1120, SB251, SB958, SB535, SB761, SB1, SB541, SB315, SB379, SB1018, SB1737, SB266, SB1415, SB3, SB6, SB15, SB35, SB290, SB706, SB842, SB917, SB1281, SB1451, SB1902, SB12, SB13, SB17, SB19, SB388, SR261, SR265, SR276, SR277, SR281, SR286, SR293, SCR5, SCR13, SB2425, SB2880, SB10, SB12, SB13, SB17, SB18, SB19, SB388, SB412, SB495, SB2425, SB2880

Keywords: SCR 5, Senate Concurrent Resolution 5, Texas School for the Deaf, TSD, Robert Rives, gymnasium naming, building naming, honorary resolution, commemorative resolution, deaf education, hard of hearing, Gallaudet University, alumni hall of fame, football coach, school facility naming, education K-16, State Affairs, Texas Legislature, public school tribute, water rights

Transcript Highlights:

• The average loan duration is 20 years.
• will outlive the loan.
• We have 197 improvement loans, which are our core loans that are in repayment, where we've loaned over
• SRF loans when they apply. SRF loans when they apply.
• But we have not denied someone a loan But we have not denied someone a loan because<00:13:34.880

Keywords: Finance - Room 216, 19 February, 2026; 1:30 PM, 925, all

Summary: The committee first heard testimony from Dr. Edney on the state revolving fund program for rural community water associations. He explained that the program has operated since 1997 using EPA grant funding and a state match, with low-interest loans, emergency funding, and loan forgiveness. He said the state match has risen in recent years because of increased federal infrastructure funding, but is expected to decline again as that enhanced funding ends. Members asked where repayment money goes, and he said it stays in the revolving fund rather than going to the general fund. He also discussed EPA pressure for consolidation of small water associations, minimum operational standards, and the possibility of using loan forgiveness incentives to encourage consolidation. No votes were taken on this presentation. The committee then took up Senate Bill 2824, which extends the eligibility dates for certain energy projects to qualify for ad valorem tax exemptions, moving the relevant deadlines from 2026/2027 to 2031. The committee adopted the committee substitute and passed it by voice vote. Next, Senate Bill 2867 revised an earlier employer child care tax credit program. Senator Boyd said the bill simplifies the program, allows a 50% income tax credit for employers providing dependent care during work hours or making at least $2,000 per child direct payments to licensed child care entities, and caps the credit at $3,000 per child per year. A committee substitute also placed a $1 million cap on the overall credit program. Members discussed the need for child care support, the role of federal and state funding, and whether the bill would increase employer participation. The committee adopted the substitute and passed the bill by voice vote. Finally, the committee considered Senate Bill 3109, a simple bill affecting Lafleur's Bluff State Park. Senator Blount explained that the park is managed under a lease with a nonprofit and that the bill would exempt the nonprofit from paying property taxes on the leased state park land. The committee adopted the committee substitute and passed the bill by voice vote, then rose and reported the measure out of committee.

Transcript Highlights:

• KIA loan amount to 2,939,475.
• Planning and design loans are offered as five-year loans, and this loan has a 2.75% interest rate and
• This will bring their total KIA loan This will bring their total KIA loan amount<00:13:42.639>
• Uh their loan is in the Flatwoods.
• c> 1.75% 20-year loan has a 1.75% 20-year loan has a 1.75% interest<00:15:05.920> rate<00:

Keywords: November 20, 2025 00:12 Call to Order and Roll Call 00:58 Information Items 06:50 Finance and Administration Cabinet 09:10 KY Infrastructure Authority 21:20 Office of Financial Management 29:14 Meeting Recessed 44:58 Reconvened 45:07 Approval of Minutes 46:35 Next Meeting Date 47:05 Adjournment, 958, all

Summary: The committee met without a quorum for much of the meeting, so several agenda items were initially heard only for information. Early updates included six informational reports, such as an Auditor of Public Accounts compliance examination with no findings, university equipment and allocation reports, school district bond issuances, Western Kentucky University’s planned public-private partnership housing redevelopment, and quarterly Kentucky Communications Network Authority reports. Members then questioned WKU officials about the P3 housing project, including the number of RFQ responses, property tax responsibility, ownership of the student life foundation, and the status of repairs to residence halls. WKU said the foundation has owned the property since 2000, one hall would be razed or demolished at the end of the academic year, and repairs to the other two were expected to be completed by fall 2027. The committee also heard a Department of Fish and Wildlife Resources acquisition project for Mount River Farms in Wayne County and a Department of Corrections roof replacement project at Luther Luckett Correctional Complex, but no votes were taken until a quorum was later established. The Kentucky Infrastructure Authority then presented six loans and four grant reallocations, including loan increases for Adair County Water District and the City of Harlan, new loans for Litchfield, Louisa, Southeastern Water Association, and Flatwoods, and grant reallocations under the Cleaner Water Program. Members asked about Harlan’s 30-year term and special condition requiring a revenue increase; KIA explained the longer term is reserved for disadvantaged communities and that the condition was meant to reinforce standard debt coverage requirements, while depreciation is reviewed but not included in cash-flow calculations. After a recess, Senator Thomas arrived and a quorum was reached. The committee approved the prior minutes and then took a consolidated vote on the action items, which passed. The final items included a Kentucky Economic Development Authority revenue bond refunding for CommonSpirit Health, several Kentucky Housing Corporation conduit and single-family bond issuances, a Western Kentucky University bond issuance, and SFCC debt issues. Members discussed the housing transactions, noting they are developer-financed and not subject to a traditional bidding process, and expressed concern about whether the process could produce more units for the same amount of money. The meeting adjourned after all information items were approved and the next meeting date was announced.

Transcript Highlights:

• But if you're actually taking out the loan, and you obviously are going to be a guarantee to the loaning
• guarantee of that loan, then uh suppose guarantee of that loan, then uh suppose that<00:35:42.400
• go to the back of the house for loan go to the back of the house for loan servicing,<00:37:05.920
• The proposed legislation would clarify MnSEFA's authority to accept loans and secure loans in order to
• The proposed legislation would clarify MnSEFA's authority to accept loans and secure loans in order to

Keywords: 1187, senate, all

Transcript Highlights:

• It amends the Rebuilder's Loan Program.
• It amends the Rebuilder's Loan Program.
• And then in 22, we start the rail loan revolving loan program within the bank.”
• And so with the rail loan revolving loan program, it is for short line railroads.
• because they don't meet loan standards.

Keywords: 908, all

Summary: The committee heard House Bill 2014, the budget for the Industrial Commission, with Representative Kempenich walking through the agency’s major components: the administrative office, Bank of North Dakota, housing finance, Department of Mineral Resources, and the State Mill and Elevator. He described mostly special-fund operations, including bond payments, economic development programs, the rail loan program, the Rebuilder’s Loan Program, housing incentive funding, abandoned well reclamation work, lignite research, litigation reserves, and a capacity purchase arrangement for a future natural gas pipeline. He also explained several one-time funding items, such as grid resiliency grants, housing-related transfers from the Strategic Investment Fund, and enhanced oil recovery funding repurposed from a prior salt cavern study. Members asked about the reduction in housing incentive funding from the Senate version, the use of one-time Strategic Investment Fund dollars for ongoing housing programs, and whether a trigger should be added to increase housing funding later. Kempenich said no trigger was discussed and emphasized that housing needs vary widely across the state. Another exchange focused on the enhanced oil recovery grant program, which he said would be driven largely by the Energy and Environmental Research Center and would use repurposed funds. A longer discussion covered the natural gas pipeline capacity purchase, including its purpose, possible routes, and the idea that the state would be buying capacity rather than immediately building a pipeline. The committee adopted Amendment 25.0181.0207 on a 21-1 vote, with one member absent and not voting. The committee then passed HB 2014 as amended on a 21-1 vote, with one member absent and not voting. Representative Kempenich was designated to carry the bill. The chair then noted this was the final budget hearing for the committee, with one bill remaining to be heard later.

Transcript Highlights:

• own credit card or get a loan at 18. own credit card or get a loan at 18.
• loan um sector specifically. loan um sector specifically.
• longer qualify for loan forgiveness. longer qualify for loan forgiveness.
• student loan deferment or Senator Mc. student loan deferment or Senator Mc.
• of graduate plus loans, and the changes to student loan repayment options.

Keywords: 1187, senate, all

Transcript Highlights:

• present on the items of 5A and six loans present on the items of 5A and six loans and<00:12:34.920
• <00:13:23.079> increase<00:13:24.079> of fund a loan increase of fund a loan increase
• <00:13:35.120> was facility project the original loan was facility project the original loan
• rate and this loan was 1% interest rate and this loan was approved<00:14:29.720> at<00:14:29.880
• <00:15:46.800> in the city of scotsville fund a loan in the city of scotsville fund a loan

Keywords: 958, all

Summary: The committee first approved the January minutes and then received several informational reports on school district tax levies, revenue bonds, lease advertisements, and previously rejected lease transactions. Members were told that one rejected lease for the Cabinet for Health and Family Services in Hardin County would be canceled and rebid, while a Perry County lease modification for the Energy and Environment Cabinet would proceed. The Kentucky Communications Network Authority also submitted its quarterly capital projects report, and Eastern Kentucky University reported revisions to asset preservation projects. Janice Thomas, Deputy State Budget Director, presented four capital project action items. These included a Kentucky State University Betty White Building renovation funded by USDA grant money, a Department of Education state schools dormitory and cottage renovation appropriation increase because bids exceeded estimates, a restricted-funds scope increase for the Elizabethtown CTC science building expansion, and a pool project report for the Department of Corrections’ KCIW kitchen drain line repair and replacement. Representative Petrie asked about how often the statutory authority for midstream project increases is used and whether bids are typically competitive; Thomas said the increases are used often when bids come in above estimates and that bids are generally competitive, though construction costs have been difficult to gauge. The committee unanimously approved the first three action items, and the KCIW project was reported with no action required. H. Sandy Williams of the Kentucky Infrastructure Authority then presented six loans and one emergency grant. The items included loans for Frankfort’s East Frankfort Interceptor wet weather facility project, Sturgis wastewater improvements, Scottsville inflow and infiltration work, Morganfield wastewater treatment plant planning and design, Western Pulaski County Water District transmission improvements, and Springfield water system planning and replacement work, plus an emergency Kentucky Waters grant for Eddyville following a sewer treatment plant failure and local emergency declarations. After no questions, the committee unanimously approved the seven KIA transactions. Chelsea Couch then presented a Kentucky Housing Corporation conduit issuance for $38.4 million to finance a multifamily rental project in Jefferson County; members asked how the committee participates and were told it was a conduit issuance rather than state debt. The committee approved that item. Finally, the committee heard an informational Turnpike Authority refunding issuance of about $53 million for present value savings, then approved four SFCC debt issues for Henderson, Pulaski, Scott, and Trimble counties to finance school renovations and construction. The meeting ended with notice of the next meeting date and location.

Transcript Highlights:

• So, as you noted, the Distressed Hospital Loan Program, that is a loan program.
• Is it eliminating the loans that hospitals have?
• Is it the loan payments? What is it?
• Loan Program.
• So the $300 million loan is interest-free. There's no— I'm not talking about an interest-free loan.

Summary: The committee heard AB 108, a budget bill junior that would amend the 2025 Budget Act to create a one-time $25 million General Fund grant program at HCAI for hospitals in immediate and significant financial distress. The bill also included a technical change related to property tax deferments for eligible low-income seniors. Finance explained that eligible hospitals would have to be not-for-profit, have less than 10 days cash on hand, show best efforts to exhaust other financing, and have a payer mix of more than 50% government payers and uninsured patients; the bill also gives HCAI expedited contracting and rulemaking authority. Members and the LAO noted the proposal is intended as a short-term bridge until July 1, while broader hospital support is expected in the May Revision and next year’s budget. Much of the discussion focused on whether $25 million is enough, how many hospitals would qualify, and whether the 10-day cash threshold is too narrow. Several senators argued the administration had not provided enough data or a clear methodology, and raised concerns about fairness compared with the earlier Distressed Hospital Loan Program, which used broader criteria and provided loans rather than grants. Members also raised broader policy issues affecting hospital finances, including Medi-Cal reimbursement rates, seismic retrofit costs, federal funding changes, and the need for better data and more immediate assessment of hospital distress. The LAO said the current proposal is narrower than the prior loan program and emphasized the need for better reporting and analysis going forward. Public commenters, including the California Hospital Association, district hospital representatives, Children’s Hospital Los Angeles, and county officials, supported the bill and urged additional longer-term funding for distressed hospitals. The chair and several members said the bill is a short-term emergency measure for a small number of hospitals at risk of imminent closure, while broader solutions will be addressed later in the budget process. AB 108 was then moved and passed out of committee on an 18-0 vote, with the roll held open briefly to secure remaining votes.

Transcript Highlights:

• As you noted, the Distressed Hospital Loan Program is a loan program.
• Is it the loan payments? What is it?
• Is it the loan payments? What is it?
• loan program.
• So the $300 million loan is interest free. There's no— I'm not talking about interest-free loan.

Keywords: 987, senate, all

Summary: The subcommittee heard Assembly Bill 108, a budget bill junior that would amend the 2025 Budget Act to provide a one-time $25 million General Fund grant program through HCAI for hospitals in immediate and significant financial distress. Finance explained that eligible hospitals would need to show less than 10 days cash on hand, best efforts to exhaust other financing, a payer mix of more than 50% government payers and uninsured patients, and nonprofit status. The bill also included a technical change related to property tax deferments for eligible low-income seniors, plus expedited contracting and rulemaking authority so HCAI could move funds quickly. Most of the discussion focused on whether the amount and eligibility standard were sufficient, how many hospitals might qualify, and whether the state was addressing the underlying causes of hospital distress. Members raised concerns about limited and lagging data, the 10-day threshold, fairness compared with the earlier Distressed Hospital Loan Program, and whether hospitals receiving grants should be required to maintain services. Several members cited broader pressures such as Medi-Cal reimbursement rates, seismic retrofit costs, federal policy changes, and the need for loan forgiveness or a more comprehensive hospital support plan in the next budget cycle. The LAO noted that the bill was intentionally narrow and short-term, while the administration said the grant was meant as a bridge until July 1 and that more extensive discussions would continue with the May Revision and the 2026 budget. Public commenters from the California Hospital Association, district hospital leaders, Children’s Hospital Los Angeles, and county representatives supported the measure and urged additional longer-term funding for distressed hospitals. After discussion, Senator Richardson moved the bill, the committee voted unanimously in favor, and AB 108 passed 18-0, with the roll held open briefly to secure remaining votes.

Transcript Highlights:

• medical practitioner loan repayment programs.
• Loan repayment programs are in the state.
• and state loan repayment programs.
• And for our New Mexico State loan repayment program... loan repayment program, which supplements our
• There's 151 loan repayment participants, so they're in a sort of the traditional loan repayment program

Transcript Highlights:

• They loan the money. So it's all a straight loan program. Follow up. Thank you, Mr. President.
• It's a traditional loan situation.
• Otherwise, the loan can't be granted.
• into this program so that now agricultural loans and affordable housing loans would have to, somehow
• So it Doesn't sound like a housing loan competes with the charter school loan, as they're in completely

Bills: HB2268, HB3000, HB3043, HB3066, HB3078, HB3143, HB3144, HB3244, HB3298, HB3320, HB3467, HB3321, HB3329, HB3431, HB3464, HB3499, HB3500, HB3586, HB3590, HB3650, HB3671, HB3695, HB3700, HB3701, HB3764, HB3767, HB3834, HB3931, HB3934, HB3940, HB3944, HB3979, HB3985, HB4113, HB4294, HB4302, HB4317, HB4324, HB4359, HB4426, HB4427, HB4430, HB4431, HB4434, HJR1077, SR42, SR35, HJR1023, HB1225, HB1374, HB1381, HB1590, HB1675, HB2153

Keywords: HB2268, Oklahoma Health Care Authority, OHCA, appropriation, General Revenue Fund, PACE, Programs of All-Inclusive Care for the Elderly, elderly care, aging Oklahomans, long-term care, Medicaid, health care funding, provider reimbursement, rate increase, low-income seniors, senior services, integrated care, emergency measure, cosmetology, barbering

Transcript Highlights:

• We loan out money, we get it back, we loan it out again.
• the close of those loans.
• Once those neglo loans are those loans.
• door once the loans are repaid. door once the loans are repaid.
• So, um, are you making loans to entities that can't get loans from any other?

Bills: HF2986, HF3555

Keywords: virtual power plant, VPP, distributed energy resources, DER, demand response, load management, grid modernization, peak demand, peak shaving, battery storage, energy storage, solar photovoltaic, solar panels, electric vehicles, smart thermostats, heat pumps, aggregator, public utilities commission, PUC, rate recovery

Transcript Highlights:

• It's a loan. The industry payday. It's a loan.
• And loan EWA and payday loan use.
• loans to $100 and allows multiple loans loans to $100 and allows multiple loans a<01:10:42.000><
• Um, paying $50 a week in fees on their loans. Um, and I had to take out loans on loans.
• Um and I had to take out loans on loans.

Bills: HF2400, HF1724, HF3437, HF4333, HF2874, HF4052

Keywords: real estate, appraisers, disciplinary actions, sanction matrix, Minnesota Statutes, direct primary care, healthcare agreements, medical services, patient care, health insurance, mortgage fees, residential loans, commercial loans, finance regulations, investment properties, insurance, supplemental health insurance, short-term care, home health care, nursing care

Transcript Highlights:

• So we made one loan.
• The loans can be prepaid, so there is no prepayment penalty for paying off the loans.
• Be tracking are loan payments, project milestones, success of the underlying loan, because that's what
• To take on a loan.
• Madam Chair, we did a $50,000 loan in 2006, and now we know we've done about a $1.5 million loan.

Transcript Highlights:

• When I joined in September of 2000, we had made only 50 loans between 1992, September of 2000, 50 loans
• those loans.
• We buy a lot of school bonds, water system loans.
• an actual loan payment.
• and the loans?

Transcript Highlights:

• Loan program and<00:29:09.600> the<00:29:09.720> condominium<00:29:10.279> Loan
• concerns with those loans.
• <00:31:17.240> I cacer loans and if it's cacer loans I cacer loans and if it's cacer loans
• for traditional commercial loans.
• There's been numerous lawsuits regarding PACE loans, and I believe C-PACE loans also.

Keywords: 912, senate, all

Summary: The committee opened by outlining testimony procedures and then heard SB 376 on tax credits, which would create a home fire safety improvement tax credit. Testimony from the Tax Foundation of Hawaiʻi urged that the concept would be better handled as a subsidy program and raised drafting concerns about unclear definitions and eligibility. Later, the committees agreed to pass SB 376 with amendments, including making the credit nonrefundable, clarifying third-party certification, deleting recapture-related language, and making technical changes. Members then heard SB 417, which would make unlicensed contractor work during or within five years after an emergency or disaster a class B felony. The Contractors License Board was listed for comments, and the Subcontractors Association supported the measure. The committees ultimately recommended passage with technical, non-substantive amendments and an adjusted effective date, and the measure was adopted. A substantial portion of the meeting focused on SB 782, which would require free and accessible voice communication services for incarcerated people and prohibit state agencies from profiting from those services, while also directing the PUC to set standards and providing funding for the SAVIN victim notification program. Supporters, including the Public Defender, ACLU of Hawaiʻi, Worth Rises, and others, argued the bill would reduce costs for families, improve reentry, and align adult corrections with the juvenile system. Opponents, including the Department of Corrections and Rehabilitation, the Hawaiʻi Paroling Authority, and SAVIN-related witnesses, warned that changing the funding structure could weaken victim notification and safety services. The committees deferred SB 782. The committee also heard SB 999 on fireworks, which would repeal permissible consumer fireworks uses, impose civil penalties and forfeiture remedies, and create a forfeiture special fund for safety education. The Department of Law Enforcement and Honolulu Police Department supported the bill, while fireworks industry representatives and others opposed it, arguing prohibition would be ineffective and urging stronger enforcement and education instead. The committees deferred SB 999 for further consideration, and SB 1136 on insurance was also deferred after insurers and the Department of Commerce and Consumer Affairs opposed it. In the later joint session with the Committee on Economic Development and Tourism, SB 744 on condominium loans was heard with support from the Hawaii Green Infrastructure Authority and banking groups, while one testifier raised concerns that the program could function like C-PACE financing and add risky debt to condominium associations; testimony and discussion continued on that measure.

Transcript Highlights:

• <00:08:46.320> debt that supports student loan debt that supports student loan debt Counseling
• <00:26:35.279> repayment it works like um other loan repayment it works like um other loan
• They um from... provides loan repayment for provides loan repayment for um<00:31:58.679> public
• So, the largest loan repayment program that we administer is the shortage loan repayment program.
• program this program provides loan program this program provides loan repayment<00:47:15.720>

Keywords: 1183, house

Transcript Highlights:

• happens when a borrower um when a loan happens when a borrower um when a loan is<00:10:36.079>
• And it could be something where um loan.
• by and tack it on to the end of the loan by and tack it on to the end of the loan or<00:10:50.480
• ,<00:10:51.920> lower or stretch it out over the loan, lower or stretch it out over the loan
• Mortgages are expensive loans to lose.

Bills: SF0114, SF0102, SF0117

Keywords: elections, Wyoming House of Representatives, state representatives, multi-member districts, county-based districts, party list voting, list voting, proportional representation, Jefferson method, greatest divisors method, ranked choice voting, RCV, primary elections, party conventions, minor parties, major parties, ballot design, apportionment, redistricting, nomination procedures

Transcript Highlights:

• And ultimately, most of those are occurring as both a grant and a loan: 90% grant, 10% loan for all the
• It can't exceed more than 10% of the loan. On an equipment loan, it can be 100%.
• So we have Just a couple of loans.
• We've made 20 loans. We've made three loans from that over time, totaling about $12.5 million.
• We actually identified the Child Care Revolving Loan Fund because we'd only made one loan of $50,000,