Video & Transcript Research : 'financing'
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ND
North Dakota 2025-2026 Regular Session
Advanced Nuclear Energy Committee Jun 16th, 2026
Transcript Highlights:
- They're not privately financed, is that my question?
- They're not privately financed, is that my question? Yeah.
- We've talked about the economics, the taxes, how these might be financed.
- Some of that early development financing can be quite challenging.
- So, financing, I think, is something that could be set aside right now.
Summary:
The Advanced Nuclear Energy Committee met to review prior minutes and hear a series of presentations on advanced nuclear technology and state readiness. The committee approved the April 21, 2022 minutes. Nucleon’s William Bridge outlined the advanced nuclear landscape, distinguishing near-term light-water SMRs from more advanced Gen 4 reactors and microreactors, and emphasized that fuel supply, especially HALEU, remains a developing supply chain. He said light-water designs are the most deployable in the near term, while advanced reactors may be better suited for industrial heat applications and could face a 2- to 3-year delay from fuel availability.
Representatives from NASEO described how other states are supporting advanced nuclear through task forces, roadmaps, pilot programs, financing tools, workforce and supply-chain efforts, and regional coordination. They highlighted the Advanced Nuclear First Mover Initiative and stressed that states are focusing early on emergency preparedness, community engagement, waste management, affordability, and consumer protections. They also noted that some states are creating nuclear-ready community programs and cost-recovery guardrails, while public utility commissions are examining long-term lifecycle costs and rate impacts.
North Dakota agencies then outlined their potential roles. The Public Service Commission said it would likely be involved in public-interest review, siting, and rate regulation, but noted current statutes may not fully address long-term nuclear projects, co-location, or decommissioning. The Department of Environmental Quality said it would continue to regulate radioactive materials and likely support emergency planning, while fission reactor oversight remains federal. The Department of Emergency Services said it would serve as the lead off-site preparedness agency, needing a radiological emergency program, training, exercises, equipment, and possibly industry funding. The Department of Water Resources said North Dakota has sufficient surface water, especially from the Missouri River, but that water planning would be important; it did not recommend statutory or budget changes at this time. The committee recessed for lunch after these presentations, with no additional votes or actions taken.
NM
New Mexico 2025 Regular Session
House - Chamber Meeting Feb 3rd, 2025
Transcript Highlights:
- With Behavioral Health, we've got Shirley Ray in DCM Finance. Elias Archuleta, Public Works.
- pursued initiatives to further the economic vitality of the region and the state with innovative financing
- It is an act relating to the drinking water state, allowing the New Mexico Finance Authority to provide
- This act renews the authority of the New Mexico Finance Authority to transfer up to one-third of certain
- Your House Appropriations and Finance Committee will meet at 1:30 today. In room 307.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Telecommunications, Utilities and Energy Jun 21st, 2026 at 01:00 pm
Joint Committee on Telecommunications, Utilities and Energy
Transcript Highlights:
- For example, the legislation creates ways for individual customers to finance upgrades and heat pumps
- And again, on the financing, the purpose of securitization is to try to achieve the lowest-cost financing
- MMWEC enables MLPs to collaborate on power supply financing and clean energy development.
- Large systems base their financing off of the current Massachusetts Class 1 pricing.
- On-bill financing and robust consumer protections are needed there.
Summary:
The committee heard testimony on H. 4144, the Governor’s Energy Affordability, Independence, and Innovation Act, with the administration arguing the bill would lower bills in the short and long term while expanding clean energy supply and innovation. The Governor and Secretary said the bill would reduce or restructure charges on customer bills, reform Mass Save, expand securitization as a financing tool, speed interconnection, create energy-ready zones, strengthen consumer protections in competitive supply, and allow broader state procurement of energy resources. They said the package could save consumers billions over time and would help address high energy costs, especially during extreme heat and winter spikes.
Committee members pressed the administration on several provisions, especially securitization, asking whether the bill requires an apples-to-apples comparison of total costs over time, including interest and lost tax revenue, versus paying through rates. Administration witnesses said DPU review and public comment would be required and said they would work to clarify the language if needed. Members also questioned the bill’s solar and procurement provisions, including reduced net metering compensation for some large facilities, the scope of all-resource procurements, and whether hydro, solar, and nuclear would be included; the administration said those resources were contemplated and that procurement would still be reviewed by DPU. Other questions focused on the short-term relief from bill changes, the treatment of low- and moderate-income discounts, and whether the bill’s heat pump and Mass Save reforms would help customers who cannot afford upfront costs.
Several witnesses and committee members discussed Mass Save reforms, including securitization of program costs, on-bill financing, pre-approval of rebates, and shifting program administration away from gas utilities. Administration witnesses said the changes were intended to reduce volatility, lower administrative costs, and better align costs with long-term savings. Questions also touched on geothermal permitting, municipal participation in offshore wind procurement, and the proposed repeal of the ballot requirement for nuclear power, which the administration defended as preserving future options under heavy review. No votes were taken during the hearing portion described.
Supportive testimony came from labor, environmental, business, planning, and development groups. The AFL-CIO, NECA, and the Environmental League of Massachusetts backed the bill, emphasizing lower bills, job creation, labor standards, just transition protections, and cleaner energy. NAIOP, the Massachusetts Business Roundtable, and MAPC supported provisions on energy-ready zones, interconnection reform, microgrids, extreme-heat shutoff protections, and Mass Save improvements. A HEET representative praised the bill’s use of securitization, geothermal, and utility financing tools but urged guardrails and workforce protections. Overall, testimony was broadly favorable, with most witnesses calling for refinements rather than opposing the bill outright.
NM
New Mexico 2026 Regular Session
IC - Legislative Education Study Jan 19th, 2026 at 10:05 am
Transcript Highlights:
- Chairman, members of the committee, my name is Daniel, and I cover public school finance for the LESC
- And that's what most of that Senate Finance Committee hearing was about.
- Finance Committee hearing was about.
- By finance committee members? You know, who came up with that? You know, it's like, and why?
- They're the finance funding experts, we're the education experts. So I mean... It makes sense.
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Jul 9th, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- I just want to say again, the Mortgage Finance Authority folks were really awesome.
- You go to New Mexico Finance Authority.
- It really was meaningful to see the powerful impact that N.M.F.A. financing has, and then seeing the
- That we had determined very early on was needed in order to effectively distribute the financing and
- It's unanimous every year, I believe, out of Senate Finance. It was dropped.
US
US Federal 2025-2026 Regular Session
Hearings to examine opportunities to strengthen water infrastructure programs, focusing on the IIJA's successes. Apr 30th, 2025 at 09:00 am
Environment and Public Works Committee
Transcript Highlights:
- As one of the largest users of the Clean Water SRF in Ohio, NEORSD has financed 111 wastewater projects
- It took us five years to construct and we financed it through the Clean Water SRF. at very favorable
- But I also want to highlight that the Clean Water SRF is a financing tool that communities need that
- They can build a package of financing around a particular project.
- The other issue, and I don't know if you can address this, is the issue of financing large projects.
Keywords:
Infrastructure Investment and Jobs Act, water infrastructure, lead service lines, federal reauthorization, sustainability, cybersecurity
Summary:
The meeting primarily focused on discussions surrounding the Infrastructure Investment and Jobs Act (IIJA) and its implications for local water systems. Various witnesses highlighted the transformative impact of the bipartisan infrastructure law, which has provided an unprecedented amount of funding to help address long-standing issues in drinking water infrastructure, particularly concerning lead service line replacements and sustainability in water management. The discussions emphasized the urgent need for federal reauthorization to continue supporting these initiatives, as many rural and disadvantaged communities still face substantial barriers in upgrading their water systems. Additionally, cybersecurity risks were noted, raising concerns over the vulnerability of water systems across the nation.
MN
Minnesota 2025-2026 Regular Session
Judiciary Committee Meeting - 2025-04-02
Judiciary Finance and Civil Law
Transcript Highlights:
- I'd like to call to order this hearing of the Judiciary, Finance and Civil Law Committee today.
- motion: I will move that House File 2354, the second engrossment, be re-referred to the Human Services Finance
- my motion that House File 2354, the second engrossment, be re-referred back to the Human Services Finance
- I will move that House File 1672 be re-referred back to the Commerce, Finance, and Policy Committee.
- And I will move that House File 2870 be re-referred to the Elections, Finance, and Government Operations
Keywords:
medical assistance, fraud prevention, subpoena authority, criminal penalties, consumer protection, medical cannabis, medical marijuana, cannabis, cannabinoids, hemp, marijuana registry, patient registry, visiting patient, Tribal cannabis, Tribal medical cannabis program, Tribal sovereignty, Office of Cannabis Management, designated caregiver, home cultivation, adult-use cannabis
WV
West Virginia 2026 Regular Session
Senate in Session Mar 14th, 2026 at 09:19 pm
West Virginia Senate Floor Meeting
Transcript Highlights:
- The Committee on Finance moved to amend the bill. Junior Senator from 16. Thank you, Mr. President.
- study the need for a school finance transparency commission.
- Senate Concurrent Resolution 6, requesting the Joint Committee on Government and Finance...
- Senate Concurrent Resolution 6, requesting the Joint Committee on Government and Finance study certain
- Senate Concurrent Resolution 8, requesting the Joint Committee on Government and Finance study access
Summary:
The Senate considered and passed House Bill 4245, the Department of Revenue rules bundle covering 27 rules from six agencies. Members withdrew the committee amendment, adopted a floor amendment making changes to two lottery rules and one tax rule related to pre-need cemetery companies, then passed the bill 30-1. The Senate also adopted a title amendment and made the bill effective from passage by a 31-0 vote. Later, when the House rejected the Senate’s amendments, the Senate receded from its amendments and again passed the bill, making it effective from passage.
The chamber also adopted several concurrent resolutions from the Rules Committee, including studies on school finance transparency, divorce grounds, the Southern West Virginia water crisis, athletic trainer access in public secondary schools, the eastern gray fox population, upland game bird stamp purchases, and the Public Service Commission. Senate Concurrent Resolution 50, calling for a study of the PSC, was also adopted. In addition, the Senate passed House Bill 5381, which expands the Office of Energy’s role to develop a comprehensive energy policy and grid stabilization plan, and House Bill 5412, the Future Ready Education Act, after amending it to require annual vocational and agriculture offerings unless not viable and to set science-of-reading training requirements for K-5 literacy teachers by 2028-29.
The Senate passed House Bill 845, a supplemental appropriation to the Governor’s Office Civil Contingent Fund, after concurring in a House amendment that reappropriated federal match grant funds and increased the civil contingency surplus fund from $15 million to $25 million; it was made effective from passage. The chamber also concurred in House amendments to House Bill 4106 on constitutional carry for 18- to 20-year-olds, House Bill 4004 creating the Recharge West Virginia training reimbursement program, House Bill 5453 revising the school aid funding formula for special education weighting, and other measures including House Bill 4009 on portable benefits, Senate Bill 164 on substitute teacher definitions, and House Bill 4606 on pretrial release for certain felonies.
A lengthy debate centered on House Bill 4198, the E-Verify Safe Harbor Act. The Judiciary Committee amendment would have required public and certain private employers to use E-Verify, while a further amendment from the Senator from Randolph would have limited the mandate to public employers and made E-Verify optional for private employers with liability protections for good-faith use. After extensive discussion about small business impacts, federal-state conflicts, and enforcement, the Senate adopted the Randolph amendment and then passed the bill 31-3, with a title amendment also adopted. The Senate later refused to concur in House amendments to House Bill 4010, concurred in House amendments to House Bill 5438, receded from amendments to House Bill 4765, and adjourned sine die.
MD
Transcript Highlights:
- Let's go to Finance Report Number 12.
- <00:19:29.679>
report Let's go to uh stay with finance report Let's go to uh stay with finance - Campaign Financing Fund distributions.
- So, by moving it six financing fun.
- the fair campaign financing. the fair campaign financing.
Summary:
The Senate convened with an invocation, journalized the prayer, and recognized Read Across America Day with a special resolution congratulating the Maryland State Education Association on the program’s 28th anniversary. Senators also welcomed several guests and student groups, including Eleanor Roosevelt High School students, Maryland Federation of Republican Women members for Red Scarf Day, medical shadows from Johns Hopkins, a student page prospect, and a group from Matthew Henson Elementary School.
The chamber then took up multiple Finance Committee consent calendars and individual local alcohol-related bills, all of which were reported favorably, adopted without objection, and ordered printed for third reading. Measures included changes to alcohol license fee refunds for uniformed service members, Anne Arundel County license classifications and compensation for liquor board officials, a Baltimore City racetrack license extension, a Cecil County license quota change, and new or expanded licenses for golf courses, sports venues, and barber shop/beauty salon establishments. The Senate also advanced bills on social work licensing, a rural readiness economic development program, a Maryland-Ireland Trade Commission extension, peer-to-peer car sharing insurance rules, telematics-based auto insurance disclosures and appeals, and veteran status notation on public profiles.
Several bills were amended before being advanced, generally with technical or clarifying changes and no recorded opposition. Senate Bill 18 would create a provisional social work license; Senate Bill 351 would regulate insurer use of vehicle telematics data; Senate Bill 395 would revise insurance and liability rules for peer-to-peer car sharing; and Senate Bill 197 would alter comprehensive plan elements in land use law. Senate Bill 439, protecting fire and rescue public safety employees from adverse action based on medical cannabis certification, also moved forward without amendment.
One measure, Senate Bill 69, which would make permanent the nonprofit navigator position in the Department of Commerce, was discussed at length after a member raised concerns about oversight of nonprofit grant funding. On request, the bill was special ordered to the next day for further consideration. All other bills discussed in the transcript were advanced to third reading by unanimous or near-unanimous voice action, with no recorded roll-call votes.
MN
Transcript Highlights:
- to re-refer this to education Finance to re-refer this to education Finance thank<00:47:55.880><
- re-referred to the education finance re-referred to the education finance committee<00:48:05.040
- re-referred to the education finance re-referred to the education finance committee<00:48:16.079
- Oh, Madam Chair, are we sending this to Education Finance?
- re-referred to the education finance re-referred to the education finance committee<01:02:50.480
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Civil Service and Pensions - 04/21/2026
Civil Service And Pensions
Transcript Highlights:
- This bill is being reported to our Finance Committee.
- This bill is being reported to our Finance Committee.
- And this bill is being reported to our Finance Committee.
- This bill is being reported to our Finance Committee.
- The bill is being reported to our Finance Committee.
Summary:
The Senate Standing Committee on Civil Service and Pensions met on April 21, 2026, with a quorum present through in-person members and voting sheets. Chair Robert Jackson noted nine bills on the agenda, and the committee moved through each measure with no substantive debate or opposition raised.
The committee approved and advanced several civil service, retirement, and public safety bills, including measures on salary schedule parity (S-1722), longevity payments (S-1739), procedures for receipt or discontinuation of certain benefits (S-5026B), geographic pay differentials for certain police officers (S-6598), deputy sheriff past service credit transfers between retirement systems (S-7750A), a 22.5-year retirement program for NYC EMTs and advanced EMTs (S-7916A), and firefighter service credit for certain State Police members (S-7986A). It also approved a bill changing the due date for the Teachers’ Retirement System’s annual W-B-E report (S-8234A) and a bill establishing the New York State park police (S-9301).
All nine bills were reported favorably, with recorded votes of 7 aye, 0 nay, and 0 abstentions on each measure. Most bills were reported to the Finance Committee, while S-8234A and S-9301 were reported to the floor.
WV
West Virginia 2026 Regular Session
Senate in Session Mar 12th, 2026 at 04:57 pm
West Virginia Senate Floor Meeting
Transcript Highlights:
- Your Committee on Finance has had under consideration engrossed Committee Substitute for House Bill 4004
- Your Committee on Finance has had under consideration engrossed Committee Substitute for House Bill 4006
- Your Committee on Finance has had under consideration engrossed Committee Substitute for House Bill 2009
- and reports the same back with the recommendation that it do pass as amended by the Committee on Finance
- and reports the same back with the recommendation that it do pass as amended by the Committee on Finance
Summary:
The Senate first handled procedural business, including suspending Rule 54 to allow guests on the floor, returning to the sixth order, and later recessing briefly to receive a visiting delegation from Somalia. A senator introduced the Somali delegation, identifying senior officials including the Deputy Prime Minister, ministers for petroleum/mineral resources and commerce/industry, parliamentary leadership, and ambassadors. The remarks emphasized the delegation’s visit as part of a broader discussion about private-sector cooperation and international engagement.
The chamber then adopted Senate Resolution 65, which recognizes West Virginia as a global hub for critical mineral processing and encourages lawful private-sector dialogue and commercial engagement between West Virginia businesses and rare earth/critical mineral institutions abroad, beginning with institutions in Somalia. The sponsor described the resolution as nonbinding and framed it as an opening for conversation about mineral extraction, processing, advanced materials, and supply-chain security. The resolution was adopted by voice vote.
After returning to business, the Senate received Finance Committee reports and advanced several House bills on first reading: HB 4004 creating the Recharge West Virginia program, HB 4006 creating the West Virginia Aerospace and Advanced Manufacturing Growth Act, HB 2009 creating the Portable Benefit Account Act, HB 5412 the Future Ready Education Act, HB 5453 modifying the school aid funding formula, and HB 5510 removing a two-acre rural-location requirement for private wedding venues. Members also made remarks, including one about community support following the death of Riley Wingfield, noting that students at Buckhannon-Upshur High School and Tucker County High School wore orange and black in solidarity. The Senate then adjourned until the next day at 10 a.m., with a Rules Committee meeting announced for 9:45 a.m.
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Housing, Construction and Community Development - 01/27/2026
Housing, Construction, and Community Development
Transcript Highlights:
- We'll be looking for a motion to report it to finance. Any questions or discussion?
- It was reported to finance in both 2024 and 2025.
- We'll be looking once again for a motion to report to finance. Any questions or discussion?
- The bill was reported to finance in each of the last two years.
- We'll once again be looking for a motion to report to finance. Any questions or discussion?
Summary:
The Senate Standing Committee on Housing, Construction and Community Development met to open the 2006 session and discussed the governor’s executive budget, housing affordability, housing supply, and barriers to construction. Chair Brian Kavanaugh emphasized efforts to lower barriers to building housing and expand rental assistance and SCRIE/DRIE-related eligibility, while Ranking Member Jack Martins called for rolling back regulations that impede housing production. Senator Helming stressed that, especially in upstate New York, lack of electrical capacity is a major obstacle to new housing and urged attention to utility infrastructure; the chair responded that the budget includes a $3.75 billion proposal for water and sewer capacity and noted that electrical transmission and generation issues fall outside the committee’s direct jurisdiction. The committee also noted a joint Senate-Assembly budget hearing on housing scheduled for February 25.
The committee then took up a 10-bill agenda, largely consisting of measures previously reported by the committee and many of which had passed the Senate in prior sessions. Bills addressed tenant registration statements for LLCs (S.119), leasing to business and other entities (S.240), notice requirements for SCRIE/DRIE rent increase exemptions (S.561), housing production reporting to the Department of State (S.919A), creation of a New York Main Street Development Center (S.1851), retroactive benefit calculations for SCRIE/DRIE (S.2534), a common application and web portal for housing funding and incentives (S.2707), tenant access to complete rent histories (S.3569), continuation of SCRIE benefits after temporary income increases (S.4252), and eligibility requirements for disability rent increase exemptions (S.6510). Several members raised questions or comments on specific bills, including the absence of an Assembly sponsor on S.2707 and the need for technical alignment with Assembly versions.
All ten bills were reported out of committee, with some advanced to the floor and others to the Finance Committee. Senator Walchick voted in the negative on several measures, while Senators Helming and Martins occasionally voted “without recommendation” on selected bills. No bill was defeated, and the meeting adjourned with notice that another housing committee meeting was expected the following week.
NH
Transcript Highlights:
- usually we'd go on to the finance usually we'd go on to the finance report,<00:37:55.040>
but - I do not need it in finance and finance.
- ; non-FN bills approved for referral to Finance by today's FN report to the Committee on Finance; and
- >
to <00:40:05.920>finance <00:40:06.400>by approved for referral to finance by - So, finance.
HI
Hawaii 2026 Regular Session
JHA Public Hearing - Thu Feb 12, 2026 @ 2:00 PM HST
Judiciary & Hawaiian Affairs
Transcript Highlights:
- we're moving a bill to finance we're moving a bill to finance committee,<00:25:01.039>
we - Let the finance people work the money out. Chiu Yahu, I support this bill.
- Let the finance people work the bill. Let the finance people work the money<00:45:20.480>
out. - I want the finance committee to amount.
- finance. Questions or concerns members? finance. Questions or concerns members?
Summary:
The committee heard testimony on House Bill 2046, which would establish and fund an Olo Hawaii Commission to coordinate and promote initiatives supporting the use of Olo Hawaii. The Attorney General suggested adding an end date because the bill creates a temporary commission, and several supporters from the University of Hawaii, Office of Hawaiian Affairs, and the Hawaii Civil Rights Commission said the commission could improve coordination, funding decisions, and consistency across agencies. Members discussed whether the commission should include broader representation, including expertise on Niihau dialect speakers and other stakeholders, and the bill was then set aside as the committee moved to the next measure.
The committee next considered House Bill 2438, creating the Hawaii Cultural Trust within DBEDT, authorizing an income tax credit for contributions to the trust and qualified cultural organizations, and creating a special license plate to support the trust. DBEDT said it would need additional resources, including staff, to administer the program. The Department of Taxation recommended changing the effective date to 2026 to allow time for implementation and adding a requirement that credits be claimed within one year. OHA supported the bill but objected to language that would require it to maintain a prequalified list of organizations, saying that could limit applicants and conflict with its grant process. The Tax Foundation said it supported cultural funding but preferred direct appropriations and grants over a trust fund and tax credit structure.
The final measure discussed was House Bill 2584, which would temporarily increase public land trust revenues transferred to OHA while reaffirming the state’s obligation to the 20% pro rata share, with a repeal date of June 30, 2028. The Attorney General recommended deleting the bill’s requirement that OHA receive a minimum amount equal to the 20% share, arguing the constitution and Admission Act do not specify a precise dollar amount and that the legislature must determine allocation. OHA strongly supported the bill, arguing the state currently pays only about 5% and that historical records show much higher amounts are owed; OHA also pointed to a carry-forward account it said held about $55 million. DLNR opposed the bill because the fiscal impact was unspecified and could affect land management and special fund budgets. Several OHA trustees and supporters urged the committee to pass the bill, and one testifier criticized the state for underfunding Native Hawaiian obligations. No votes were taken in the portion provided, and the committee continued hearing testimony on HB 2584.
MN
Minnesota 2025 1st Special Session
House Health Finance and Policy Committee 1/22/25
Health Finance and Policy
Transcript Highlights:
- without the 340b program our finances without the 340b program our finances would<00:20:15.760><
- We borrowed $54 million in bond financing from Wall Street to finance that project.
- million in bond financing from Wall Street<00:25:37.200>
to <00:25:37.399>finance <00:25 - :37.880>
that Street to finance that Street to finance that project<00:25:39.799>we <00 - Hospital finances are tight.
Summary:
The Health Finance and Policy Committee heard testimony from the Minnesota Hospital Association and several hospital leaders about the financial strain facing hospitals across Minnesota. The association’s CEO said hospitals are essential 24/7 safety-net providers, but rising labor, supply, technology, and drug costs are outpacing reimbursement from Medicaid, Medicare, and commercial payers. He warned that many not-for-profit hospitals are struggling, that workforce shortages remain significant, and that the committee should consider help on Medicaid rates, discharge/boarding problems, mental health services, workforce development, protecting the 340B drug discount program, and avoiding new mandates that add costs.
Relle Schultz of Winona Health described a community hospital with a 49-bed facility and long-term care services that has faced years of losses, including a $17 million loss in 2023 and $12 million in losses the following year. She said government payers now make up about 65% of the hospital’s mix, and each 1% increase in that mix costs about $1 million. She highlighted the difficulty of sustaining services such as dialysis, which was nearly closed until a local donor provided $3 million to keep it open for three years, and she emphasized the importance of 340B savings and the need for higher Medicaid payments.
Carrie Mulski of Riverview Health in Crookston said critical access hospitals are also under pressure despite their federal designation. She explained that federal support has eroded, that Medicaid and other public programs do not cover full costs, and that her hospital’s 340B savings help keep the doors open. She said Riverview opened a new hospital in 2020 but was hit by the pandemic and inflation, leading to annual losses of $5 million to $6 million and a negative operating margin of 9% to 10%. She also described bond covenant problems, low cash on hand, the prior closure of the nursing home, and the need for rapid state action to stabilize rural hospitals and preserve access to care.
MN
Minnesota 2025-2026 Regular Session
Committee on Commerce and Consumer Protection - 03/27/26
Commerce and Consumer Protection
Transcript Highlights:
- That's in finance. So, we licensing. That's in finance.
- <00:38:23.520>
We 5% of the amount to be financed. We 5% of the amount to be financed. - <00:38:27.520>
for regarding lender fee financing for regarding lender fee financing for personal - <00:42:30.640>
those individual to be able to finance those individual to be able to finance - So they would rather finance it. >> I have a question for the author.
MN
Transcript Highlights:
- The bill is being referred to the Committee on Transportation Finance and Policy.
- The bill is being referred to the Committee on Agriculture Finance and Policy.
- be re-referred to the Committee on Transportation Finance and Policy.
- re-referred to the Committee on Transportation Finance and Policy.
and the committee on Commerce finance and the committee on Commerce finance and policy<02:08:
TX
Transcript Highlights:
- The Senate Committee on Finance will come to order. Well, the green light's on. Okay.
- I have my staff person, lead person on finance.
- And it's great to be back on the Senate Finance Committee.
- TIDC is financed by GR and GRD funds.
- Turning to page 3, item 1 is the method-of-finance swap.
Bills:
SB 1
Keywords:
campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards
Summary:
The Senate Finance Committee held its first hearing of the 89th regular session, adopted nearly identical committee rules from the previous legislature by a 15-0 vote, and began review of Senate Bill 1, the state budget for fiscal years 2026-27. Chair Huffman outlined the budget framework, emphasizing conservative spending, a $332.9 billion all-funds budget, and major priorities including property tax relief, public education, border security, health and human services, transportation, energy, and water infrastructure. She also introduced committee and leadership staff and described the hearing schedule and public testimony procedures.
Comptroller Glenn Hager presented the biennial revenue estimate, saying the state has $194.6 billion available for general-purpose spending, including a $23.8 billion ending balance, but warned that revenue growth is returning to more normal levels and that lawmakers should avoid using temporary spikes for ongoing commitments. Senators questioned him extensively about the Economic Stabilization Fund cap, sales tax trends, inflation, and whether the state should consider raising the cap or using severance-tax revenues differently. Hager said the Rainy Day Fund is expected to hit its cap, which would leave more severance-tax revenue in general revenue, and he stressed that infrastructure needs remain significant.
The Legislative Budget Board then gave a detailed overview of SB 1 and the budget’s major components. LBB staff explained that the bill includes continued funding for the Foundation School Program, $850 million for the Texas State Technical College endowment, $1.3 billion for the Texas University Fund, $6.5 billion for border security, salary increases for correctional officers and state troopers, $3 billion for dementia research, higher community attendant wages, expanded community-based care, $5 billion for the Texas Energy Fund, and funding to clear volunteer fire department grant backlogs. They also outlined supplemental priorities such as water infrastructure, retirement legacy payments, rail grade separations, wildfire aircraft, and emergency facilities, and said the current controlling budget limit is the tax spending limit.
A major portion of the hearing focused on property tax relief. LBB explained that prior-session relief grew from an expected $18 billion to $22.7 billion because of higher-than-anticipated property values and interactions among hold-harmless provisions, and that SB 1 continues and expands relief with $51 billion in total property tax relief, including $3 billion more for compression, $3 billion to raise the homestead exemption from $100,000 to $140,000, and a $500 million placeholder for business tax relief. Senators discussed the automatic nature of some of these costs, the effect of the non-homestead circuit breaker, the role of federal COVID funds, and the need to maintain school finance commitments if the state continues to compress school tax rates.
MN
Minnesota 2025-2026 Regular Session
Committee on Housing and Homelessness Prevention - 03/18/25
Housing and Homelessness Prevention
Transcript Highlights:
- More than half the overall financing is coming from private sources.
- More than half the overall financing is coming from private sources.
- More than half the overall financing is coming from private sources.
- More than half the overall financing is coming from private sources.
- <01:13:18.159>
Agency amounts for the Housing Finance Agency amounts for the Housing Finance