Transcript Highlights:

• We have three main coverages: liability, public assets, and auto.
• While we do not have control over its operations... ...liability, public assets, and auto.
• They are assets in that position only. They have no debt. Sure.
• initiatives, loans, collateral support, and capital access programs.
• And then underneath the capital program, you have what's called the direct investment program.

Summary: The committee was called to order, the Pledge of Allegiance and prayer were offered, and the minutes from the previous meeting were approved. Members then received a memo summarizing major audit items and began hearing audit presentations from the State Auditor’s Office and private auditors on a range of state agencies and organizations. Several audits were reported as clean, including the Bank of North Dakota, the North Dakota Guaranteed Student Loan Program, the Office of the Governor, the Office of the State Treasurer, the Office of Management and Budget, the Department of Transportation’s flexible transportation fund, Lake Region State College, and the Department of Environmental Quality. The North Dakota Stockmen’s Association also received an unmodified opinion, though repeat findings were noted for limited segregation of duties and financial statement preparation due to its small staff. The Council on the Arts audit found two findings: payroll charged to federal awards without adequate timekeeping records, and unallowable expenditures from a restricted cultural endowment fund. The Department of Public Instruction audit identified unsupported scholarship applications in the paraprofessional-to-teacher program, though additional testing showed the funds were used for their intended purpose. The most extensive discussion centered on the North Dakota Racing Commission audit, which identified four findings: overspending the promotion fund’s 25% operating limit, grant conditions not being met, improper Breeders Fund awards, and improper procurement for advertising services. Racing Commission director Bruce Johnson acknowledged complacency and weak controls, said the agency would tighten procedures, and explained that the commission had since worked with procurement and would follow the rules more closely. Auditors also explained that the commission would now be audited every two years because of the findings. Another major discussion involved the University of North Dakota School of Law, where auditors found a lack of documentation supporting admissions decisions for post-baccalaureate programs. UND officials said they remain in good standing with the American Bar Association but agreed better documentation and tools are needed; the committee pressed for more transparency and follow-up on admissions criteria. The committee also received an update on Dakota College at Bottineau, where Minot State University reported that bank reconciliations had been brought current after a significant backlog and would now be maintained through shared services. Members requested a written follow-up report on the issues and corrective actions. Finally, the North Dakota Fair Association explained that its foundation has been dissolved and remaining funds were transferred to another nonprofit for continued support of the state fair, and the Department of Public Instruction provided an update on school meal debt, saying the reported amount was about $1.1 million from a partial district survey and that debt remains a local issue, though it could be revisited if school meal funding changes.

Transcript Highlights:

• with disabilities who may have income levels that would qualify them for Medi-Cal but may have had assets
• The first is the capital expansion program, which funds expansion of housing and care with supportive
• First, for CCE capital expansion, we have now awarded all $570 million in our local communities, and
• First, for CCE capital expansion, we have now awarded all $570 million in our local communities, and
• Obviously, I was so glad to see the asset test being alleged.

Summary: The Assembly Budget Subcommittees held a joint hearing on older adults and long-term care supports and services, with members and witnesses focusing on the growing “forgotten/overlooked middle” of Californians who are too wealthy for Medi-Cal but unable to afford long-term services and supports (LTSS). Administration witnesses from DHCS and the Department of Aging described Medicare’s limited long-term care coverage, Medi-Cal’s role for low-income residents, and ongoing state work on LTSS financing, including a 2024 financing initiative and a final report due in 2026. Testimony emphasized rising costs, caregiver shortages, homelessness among older adults, and the need to preserve home- and community-based services to avoid more expensive institutional care. Several advocates urged immediate action, especially Medi-Cal share-of-cost reform, housing supports, and protection of HCBS funding. Members asked for the most urgent budget priorities and were told to focus on share-of-cost reform and assisted-living rate protections, along with broader system navigation and caregiver support. The committee also heard testimony on the Community-Based Adult Services (CBAS) program. CDA reported that CBAS serves about 42,000 participants through 304 centers, with demand generally stable but geographic gaps in some regions and staffing challenges after the pandemic. DHCS explained a rate-setting issue: a 10% CBAS rate increase had been mistakenly posted on the Medi-Cal fee schedule in 2024, and while Proposition 35 later made the targeted SB 159 rate increase inoperative, DHCS said any repayment by managed care plans would depend on contract terms and the department would not require clawbacks. CBAS providers and advocates warned that the program is in a financial crisis, with six center closures since June 2024, and requested $74.8 million ongoing General Fund to close about half the gap between current reimbursement and costs. Members expressed concern that clawbacks could accelerate closures and noted the program’s role in preventing institutionalization and supporting family caregivers. In the final panel, CDSS presented on In-Home Supportive Services (IHSS) provider recruitment and retention and on the AB 102 statewide bargaining report. CDSS said the IHSS Career Pathways program has concluded successfully, with more than 59,000 providers completing training, and that the AB 102 report—based on workgroup meetings and consultant analysis—will be sent to the Legislature shortly. The department said the workgroup viewed statewide bargaining as more viable than regional bargaining, but identified major issues around consumer participation, county fiscal impacts, administrative responsibilities, and the need to define bargaining scope in statute. CDSS estimated that each $1 per hour statewide wage increase would cost at least $1.3 billion to $1.5 billion annually. Provider unions supported statewide bargaining, arguing it would improve wages, benefits, and workforce stability, while county representatives said any statewide model should preserve consumer focus, protect county finances and realignment funds, and keep core administrative functions with local public authorities. The hearing concluded without votes, with members requesting additional follow-up information and urging continued engagement ahead of the May revise.

Transcript Highlights:

• And this is H.R. 1, or this is part of the asset test that... It's H.R. 1. This is H.R. 1.
• As part of their asset verification, but now H.R. 1 is imposing a requirement for all states to have
• this sort of asset limit for this specific population.
• We want to thank you for making your journey here to your capital.
• in effect: the Capital Expansion Program and the Preservation Program.

Summary: The joint informational hearing focused on the impact of H.R. 1 on older Californians and related county administration issues. Chair Jackson and Chair Addis opened by emphasizing California’s rapidly aging population and the need to protect seniors’ access to food, health care, housing, and in-home support services. Testimony from the Department of Social Services, Department of Health Care Services, and Department of Aging described how H.R. 1 would expand work and reporting requirements in CalFresh and Medi-Cal, increase redeterminations, and create new eligibility barriers. Witnesses and advocates warned that these changes could lead to large coverage losses, especially for adults ages 55 to 64, people experiencing homelessness, caregivers, and some immigrant groups, while also increasing administrative burden on counties. The LAO noted that many provisions do not directly apply to Californians 65 and older, but highlighted indirect effects and some direct impacts, including a new home equity limit for certain long-term care recipients and narrower immigration eligibility rules. Committee members pressed the administration and counties on how exemptions would be identified and implemented, whether data systems could automatically protect eligible people, and how outreach would reach older adults, women, LGBTQ seniors, and people with limited digital access. DHCS and CDSS said they are working to use existing data, cross-program information sharing, and human-centered communications to maximize exemptions and reduce churn, including text outreach, print and radio campaigns, and navigator support. Members also raised concerns about the need for legal aid and county eligibility workers to help people navigate complex rules, and requested updated analyses on the number of people likely to lose both Medi-Cal and CalFresh and the broader human and system impacts. No votes were taken. The second major topic was the administration’s proposal to shift some future IHSS costs to counties by establishing a statewide baseline for average authorized hours per case. CDSS said the proposal is intended to improve consistency in assessments and not reduce services, while counties and labor groups strongly opposed it, arguing that rising hours reflect real increases in need, an aging and higher-acuity caseload, and state-mandated assessment tools rather than county error. County representatives said the proposal would strain already limited local revenues, worsen the effects of H.R. 1, and could force cuts to other safety-net services. Committee members questioned the proposal’s timing and impact, but the hearing ended without action, with the chairs asking for continued updates, additional analysis, and more information before May Revision.

Transcript Highlights:

• We provide capital support, which is great, especially during surplus years, but for the year-to-year
• I actually think the best way to do it is to get private capital investment.
• I actually think the best way to do it is to get private capital investment.
• These assets were then Businesses and the money left behind by the detainees.
• These assets were then returned to the owners when the detentions ended.

Summary: The Senate first took up two budget-related transportation trailer bills. AB 107 was described as a budget junior bill making technical corrections, updating federal appropriations by about $15 million, and exempting certain Proposition 4 appropriations from the Administrative Procedures Act to speed spending; Senator Niello objected to the transparency implications, but the bill passed 28-10. AB 117 then authorized a $590 million state loan from the Transit and Intercity Rail Capital Program to the Metropolitan Transportation Commission to provide operating support to Bay Area transit agencies, with repayment secured by transit assistance revenues and interest; supporters called it an emergency bridge to prevent major service cuts at BART, Muni, AC Transit, and Caltrain, while critics questioned ridership recovery, governance, and accountability. The measure passed 28-9 after extensive debate, with several senators emphasizing both Bay Area urgency and the need for broader statewide transit funding and reform. The Senate then confirmed two California Air Resources Board appointees. Linda Hopkins, Sonoma County supervisor and air district chair, was confirmed after brief support from Senator Becker highlighting her rural North Bay perspective. Patricia Locke Dawson, Riverside mayor and South Bay air district representative, was also confirmed, with Senator Becker again praising her academic and practical background. Both confirmations passed on largely party-line votes with broad support from the majority and opposition from a small group of Republicans. The chamber next considered SCR 89, a resolution by Senator Smallwood-Cuevas condemning federal attacks on diversity, equity, and inclusion programs under President Trump. Supporters from both parties and multiple caucuses framed DEI as essential to civil rights, education, workforce development, national defense, and inclusion for marginalized communities, while the author argued California must resist federal rollbacks. The resolution passed after a lengthy debate and roll call, with several senators also using the discussion to share personal experiences with educational access and discrimination. Finally, the Senate took up SCR 78, authored by Senator Cabaldon, commemorating the forced incarceration of Japanese Americans during World War II and warning against repeating such abuses. Senators from across the chamber spoke in support, citing the injustice of Executive Order 9066, the resilience and military service of Japanese Americans, and the importance of museums and historic sites such as Manzanar and the Japanese American National Museum. The resolution was presented as both remembrance and a caution against fear-driven policies and erosion of due process.

Transcript Highlights:

• Construction under KRS their own Capital Construction under KRS 164a<00:04:36.120><c> 580</c><00:04:
• 37.080><c> transmitted</c><00:04:37.720><c> quarterly</c><00:04:38.400><c> Capital</c> The University
• Kentucky Community and Technical College System reported asset preservation projects.
• They will continue to monitor capital spend closer to the sale date.
• They will continue to monitor capital spend closer to the sale date.

Summary: The committee first reorganized by electing new co-chairs for the Capital Projects and Bond Oversight Committee: Senator Fanny Fromom? as Senate co-chair and Representative McPherson as House co-chair, both by acclamation. The committee then approved the minutes from the prior meeting and received quarterly capital project status reports from the Administrative Office of the Courts, Finance and Administration Cabinet, and postsecondary institutions. Those reports noted University of Kentucky equipment purchases, several school districts planning general obligation and revenue bond issues, a notification of non-approval for PR 3567, and Kentucky Community and Technical College System asset preservation projects. Kevin Cardwell of the Finance and Administration Cabinet reported two action items: a $5,100 federal-funded Transportation Cabinet renovation of the Rowan County east and westbound rest areas, and a $1 million federal fund increase for the Capitol City Airport terminal building project, bringing the total federal support to $10 million and reducing the need for restricted funds. The committee also received a no-action report on a $1,363,000 Kentucky State University exterior repairs project funded through the 2024 asset preservation pool. Both action items were approved unanimously after roll call votes. The committee approved four lease renewals presented by Natalie Bronner for Cabinet for Health and Family Services locations in Bell, Lee, and Clay counties, plus a parking lease for the Department of Corrections in Jefferson County. Members asked about lease pricing and were told renewals must remain at existing terms and conditions. The committee then approved a $57,000 Kentucky WATS emergency grant for Wood Creek Water District to cover part of arrears tied to the City of Livingston; members discussed the city’s audit delinquency, possible regional water/sewer solutions, and concerns about rates and private involvement, but the grant was approved. Finally, the committee approved a $1 million line-item water grant to the City of Williamsburg with no action required, three Economic Development Fund grants for Bell, Franklin, and Shelby counties totaling $8 million in state support for site acquisition and infrastructure work, and five SFCC-supported school debt issues for Elizabethtown Independent, Erlanger Independent, Boyd County, Henderson County, and Union County. The school projects included middle school, high school, and vocational school renovations or new construction, and members requested a breakdown of the space funded by the debt. All action items were approved, and the meeting adjourned.

Transcript Highlights:

• </c> as we see growth in the digital asset as we see growth in the digital asset space<00:50:44.720><
• </c> digital asset kiosk licensing regime. digital asset kiosk licensing regime.
• </c><00:53:33.200><c> is</c> great things about blockchain assets is great things about blockchain assets
• </c> companies with the biggest um assets. companies with the biggest um assets.
• </c><01:18:29.679><c> matters</c> um just other digital asset matters um just other digital asset matters

Summary: The Hawaii State Senate Committee on Commerce and Consumer Protection held an informational briefing on digital assets, blockchain, and related regulatory developments. Chair Jarrett Keohoko said the committee was focusing on national and state policy issues around digital assets, while leaving the separate issue of Bitcoin kiosks and fraud to the House Consumer Protection Committee, which had already noticed a similar briefing. No public testimony was taken; the session was for informational updates and member questions. Representatives from the Aptos Foundation, including JC Yun and Michael Cheng, gave a detailed presentation on blockchain basics and Aptos’s technology. They described blockchain as a tamper-resistant digital ledger, explained proof-of-work and proof-of-stake systems, and argued that proof-of-stake networks are faster, cheaper, and more environmentally friendly. They also emphasized smart contracts and potential uses beyond speculation, such as car titles, college transcripts, collectibles, digital IDs, real estate, and other tokenized assets. The presenters highlighted Aptos’s Hawaii connections and said the technology could help local residents and businesses participate in the digital economy. They cited adoption statistics, including billions of transactions on Aptos, tokenized money market funds from major financial firms, micro-lending applications, decentralized cloud infrastructure, and the rapid growth of stablecoins. They acknowledged concerns about scams and consumer protection, but argued that the answer is stronger regulation and education rather than avoiding the technology altogether.

Transcript Highlights:

• We are creating the Oklahoma Department of Veterans Equipment and Capital Improvement Program.
• It's a fund that will be designated to capital improvements that the Oklahoma Department of Veterans
• Affairs can use for capital improvement.
• And in that will go, we'll have that capital improvement fund that they can make purchases as they deem
• It will allow for capital investment on new construction and machinery to count towards qualifying for

Bills: HB3044 , HB3465 , HB3625 , HB3704 , HB3759 , HB3920 , HB3972 , HB4191 , HB4311 , HB4426

Committee: Senate Revenue and Taxation

Summary: The Senate Revenue and Taxation Committee considered several House bills dealing with tax credits, fee changes, school funding, and investment authority. House Bill 4426 extended the sunset on the SIDE tax credit to December 31, 2032, and passed 7-2. House Bill 3704 elected Oklahoma into the federal income tax credit for contributions to scholarship-granting organizations and passed 9-2. House Bill 4311 raised the unclaimed property division’s administrative fee from 4% to 6% to cover increased duties and costs; it passed 8-3 after debate over whether the increase was justified. House Bill 3044 reauthorized the veterans income tax checkoff and the associated capital improvement fund, and passed 10-0. House Bill 4191 revised the Smaller Employer Quality Jobs Act by lowering job thresholds, expanding qualifying locations and industries, and changing other eligibility rules; it passed 6-4. House Bill 3465 extended the emission tax credit sunset from July 1, 2027 to July 1, 2029 and passed 6-4, with opponents arguing it subsidized compliance with federal mandates. House Bill 3972, a title-off bill addressing ad valorem reimbursement issues tied to the state purchase of a prison, drew extensive debate over precedent and scope; an amendment to add a sunset failed 5-5, and the bill then passed 8-2 as amended.

Transcript Highlights:

• I work for a company called Advantage Capital in support of House File 2360.
• Where capital just traditionally doesn't flow.
• they need. ...row but can't find the financing to do so have access to the capital they need.
• As Alex mentioned, we're struggling to find working capital. to double the size of our company.
• However, in rural Minnesota, it's very difficult to find the necessary capital.

Bills: HF2048 , HF2360 , HF2006 , HF950 , HF912 , HF3140 , HF2931

Committee: House Taxes

Transcript Highlights:

• projects, wanting to do better at investing in maintenance and preservation for our existing highway assets
• Certainly, you bond to build long-term assets, but it's often unwise to bond for simply maintenance work
• Certainly you bond to build long-term assets, but it's often unwise to bond for simply maintenance work
• It's called capital flight.
• It took capital gains tax three years to get passed.

Summary: House and Senate Republican leaders held a media availability on day 59 of the session focused mainly on the House-passed income tax on high earners, the pending operating and transportation budgets, and several late-session tax and policy bills. Republicans argued the income tax was unconstitutional under existing state precedent, would lead to capital flight and broader tax expansion, and was being rushed through without adequate public input. They also criticized the budget process as overspending revenues, relying on gimmicks, and setting up future deficits and tax increases. The leaders said the House was preparing to consider a transportation bond bill requiring a three-fifths vote, along with bills on data centers, pharmaceutical wholesale taxes, K-12 funding, highway construction, direct electric vehicle sales, abortion-related funding, and an electric transmission measure. They said Democrats could pass the bond bill without Republican votes if all 59 House Democrats supported it, but Republicans opposed bonding for maintenance and preservation. They also said the budget could be balanced even if some of the tax bills failed. Much of the discussion centered on the 24-hour House debate over the income tax, which Republicans said they extended to force daylight debate and highlight objections. They said the bill passed by two votes and that several Democrats privately opposed it. Republicans also criticized the use of Climate Commitment Act funds in the budget, saying the money should be returned to taxpayers or used for transportation or the Working Families Tax Credit rather than special interests. In closing, they said House Republicans had been successful in opposite-house cutoff, killing 54% of Senate bills sent to the House and helping produce one of the lowest numbers of bills passed in years.

Transcript Highlights:

• In Virginia, which could be looked at as the data center capital of the world, they had a joint legislative
• This can only occur if the costs of grid upgrades and generation assets to serve these data centers are
• As Representative Herr also indicated, the The campus is underway with a capital campaign, and so this
• We also have, as I mentioned, our capital campaign underway.
• But we believe that the potential to deploy these assets in the state is larger than this single project

Bills: HF2928 , HF2912 , HF2297

Committee: House Energy Finance and Policy

Transcript Highlights:

• Cultural assets provide jobs, sales tax, cultural assets provide jobs, sales tax, not to mention the
• CalIP ensures that great organizations like Access Plus Capital can continue to do that work.
• CalIP ensures that great organizations like Access Plus Capital can continue to do that work.
• Without tools like CalIP, many child care providers would not be able to access the capital needed to
• My name is Amanda Sanchez, and I am here as the co-founding director of Capital Creative Alliance, a

Transcript Highlights:

• But I do believe that I will be an asset to the board because of my unique experiences.
• And I can vouch for former Senator Frockt's involvement in the capital budget world.
• And, you know, that was a priority when we had those discussions on the capital budget.
• I'm the director of capital planning and projects.
• Now, the North Academic Commons is more than just a capital project for an academic facility.

Bills: SGA9314 , SGA9282 , SGA9288 , SGA9296 , SGA9232 , SGA9233 , SGA9235 , SGA9236 , SGA9237

Committee: Senate Higher Education & Workforce Development

Transcript Highlights:

• people with disabilities and seniors, Medi-Cal would no longer be within reach if these new lower asset
• And lastly, thank you for the rejection of the asset tests. Good morning, Madam Chair and members.
• Jessica Moran with Capital Advocacy on behalf of the Association of Dental Support Organizations, Big
• The commission really appreciates the committee's rejection of the reinstating of the Medi-Cal asset
• In addition, we're here to support the changes or the rejection to the Medi-Cal asset tests and also

Summary: The Senate Budget Subcommittee No. 3 on Human Services held its final hearing on the budget, with the chair framing the Senate’s plan as a counterproposal that rejected major cuts and preserved revenues. Public comment was overwhelmingly supportive of the subcommittee’s actions, especially on Medi-Cal, IHSS, PACE, behavioral health, child care, CalFresh outreach, immigrant legal services, and long-term care. Testimony from disability, aging, county, health plan, provider, labor, and advocacy groups urged the committee to keep rejecting asset tests, immigrant coverage reductions, IHSS cost shifts, PACE rate cuts, and behavioral health reductions, while supporting mobile crisis, 988, Title IV-E workforce funding, and the “Be Home Soon California” proposal to expand home- and community-based care. Several speakers also pressed for additional or related funding and policy changes, including county alternatives for people losing Medi-Cal under federal HR1-related changes, more support for public hospitals and indigent care, CalFresh and Cal Food investments, child care slots and COLAs, dental rate cut delays, and expanded immigration legal and food assistance. Others thanked the committee for restoring or preserving funding for behavioral health innovation and advocacy grants, public health IT and disease investigation, diaper banks, hearing aids for children, and distressed hospital loans. The committee also heard concerns about fee-for-service shifts, outpatient dialysis coverage, and other implementation details, with some groups asking for trailer bill language or guardrails. After public comment, the subcommittee took three votes on large blocks of budget items. The first block of consent items passed 3-0, the second block passed 2-1, and the final block passed 2-0, with the chair announcing that the items were approved and out of committee. The hearing then adjourned.

Transcript Highlights:

• So asset management and oversight and streamlining these programs on the back end is really important
• in those assets.
• We need to recognize that these assets have to last for a very long time, that the tenants need to be
• Third, it will also be really important to see asset management processes streamlined.
• of the need to modernize post-award functions, including contracting, loan closings, and long-term asset

Summary: The committee held an outcome review hearing on AB 519, focused on streamlining California’s affordable housing finance system. State housing officials described the work group process and the resulting report, which calls for a consolidated application and coordinated review process across HCD, CalHFA, TCAC, and CDLAC, while preserving a separate direct path for projects that do not need state subsidy. They said the goal is to reduce duplication, align timelines, and get projects to construction faster, with implementation now being carried forward through the new Housing Development Finance Committee (HDFC) and related reorganization changes. Officials from HCD, CalHFA, and HDFC said the new committee launched July 1 and is developing regulations, a unified application workbook, and review procedures, with public comment and hearings planned before final adoption. They emphasized a two-track system: one for projects needing state subsidy and one for tax credits/bonds only. Members also discussed the transition period in 2027, the need to clear existing pipeline projects first, and the possibility of construction financing tools. Committee members raised concerns about transparency, stakeholder feedback, and whether additional statutory changes would be needed; staff said current authority appears sufficient. Affordable housing developers and advocates generally supported the reforms but said the work must go beyond a single application. They urged fully funding projects, simplifying post-award functions, modernizing asset management, preserving a direct path for locally funded and rehab projects, and improving geographic equity, especially for rural and farmworker housing. Several witnesses stressed that the system also needs stable funding, including general fund support and the proposed housing bond, and that the state should continue engaging stakeholders as the new process rolls out. Public comment echoed those themes and included a veteran describing the difficulty of navigating housing and VA-related systems, reinforcing the hearing’s focus on simplifying access to housing resources.

Transcript Highlights:

• </c><01:38:14.320><c> investment</c> relating to capital investment relating to capital investment authorizing
• of a capital nature with certain<01:38:19.840><c> conditions.
• </c><01:47:32.480><c> investment</c> the work that the capital investment the work that the capital investment
• Over $290 million is dedicated to critical road into capital investment committee this into capital investment
• We are responsible for maintaining these assets.

Transcript Highlights:

• It reinstates the Medi-Cal asset limit at $21,000 for individuals and $31,000 for couples, effective
• It authorizes funds previously provided for the distributed energy backup assets program to be used for
• One is that currently in the managed care delivery system, plans receive a capitation rate.
• So with fewer members, the capitation goes down.
• We also reject the reduction of the Medi-Cal asset limit to an absolutely unrealistically low level.

Committee: Senate Budget and Fiscal Review

Transcript Highlights:

• And so what I will say is the capital funding increased from $109 million in FY23, the capital plan,
• to $184 million in this current fiscal year for FY26, the capital plan.
• And so what I will say is the capital funding increased from $109 million in FY23, the capital plan,
• to $184 million in this current fiscal year for FY26, the capital plan.
• But at least the capital improvements going forward in a nice way.

Committee: Joint Joint Committee on Ways and Means

Summary: The Joint Committee on Ways and Means held a public FY27 budget hearing at Barnstable Town Hall, with opening remarks emphasizing the Cape and Islands’ seasonal infrastructure, housing, transportation, workforce, and digital needs. The hearing began with testimony from the Executive Office of Labor and Workforce Development, which outlined the Healey-Driscoll administration’s budget priorities for job training, apprenticeship, youth employment, reentry programs, and unemployment insurance modernization. The secretary highlighted proposed funding for the Workforce Competitiveness Trust Fund, Career Technical Initiative, YouthWorks, reentry workforce development, and services for young adults with disabilities, along with a proposal to streamline youth work permits. Members also discussed the unemployment trust fund, the COVID assessment on employers, rising unemployment, and the need to improve DUA customer service and claims processing. Committee members asked about job seeker barriers such as child care, housing, transportation, and out-migration of young workers, as well as how to keep Cape Cod graduates and seasonal workers in the region. The administration said its strategy is to pair training with broader affordability investments and to expose students to career pathways earlier, including through middle school, early childhood STEM, YouthWorks, pre-apprenticeships, and Building Pathways. Senators and representatives also raised concerns about regional funding disparities, especially for Hampshire Franklin MassHire, and the administration said it is reviewing MassHire funding and service equity through a policy committee and statewide workforce board. On unemployment assistance, officials reported major improvements in wait times and claims processing, but said they are still working through backlogs and staffing challenges while maintaining program integrity. The committee then heard testimony from the Executive Office of Economic Development. The secretary described House 2 as a fiscally restrained budget with no new taxes or fees, while preserving core programs and using the Mass Leads Act tools to support competitiveness. EOED’s proposal included funding for the Community One Stop for Growth, rural economic development, social enterprise operating grants, regional economic development organizations, the Workforce Investment Trust Fund, Community Workforce Partnerships, Pathmaker, advanced manufacturing training, life sciences, innovation vouchers, AI initiatives, small business assistance, and tourism and live theater support. The Office of Consumer Affairs and Business Regulation also testified on its FY27 request, focusing on consumer protection, licensing, banking, insurance, and public safety regulation. No votes were taken during the hearing.

Transcript Highlights:

• They're all different asset classes.
• I also oversee both our sustainability and asset stewardship programs.
• As David mentioned, we're responsible for over $230 billion in assets.
• the rate of return of the Standard & Poor's index as well as most other assets.
• This asset class, coal in particular... ...taken this step.

Bills: SB5439 , SB6109 , SB6304

Committee: Senate Ways & Means

Keywords: investment, thermal coal, divestment, state investment board, fossil fuels, environmental impact, renewable energy, detention facilities, state funds, privatization, criminal justice reform, Washington State Investment Board, responsible investment, sustainability, corporate governance

Transcript Highlights:

• Adjusting this threshold reflects today's asset values and inflation, aligning tax policy with economic
• Raising the limit helps reduce the tax burden on small businesses, freeing up capital to reinvest in
• Reducing tax burdens on low-value assets encourages entrepreneurship and economic resilience in communities
• Reducing tax burdens on low-value assets encourages entrepreneurship and economic resilience in communities
• SB 723 ensures small-scale property owners and low-value asset holders aren't overburdened and can begin

Summary: The Assembly Revenue and Taxation Committee met after several delays while waiting for the Senate to finish its floor session, and the chair announced the committee would begin once a quorum was established. The committee then heard a series of tax-related bills, with most measures being held for suspense except SB 87, which was voted out. The chair also welcomed newly appointed committee member Assembly Member Juan Carrillo. SB 359 would clarify that county-run transit systems qualify for existing sales and use tax exemptions on transit fuels such as diesel and compressed natural gas. Senator Nilo and Placer County testified that the bill would correct an inequity affecting counties operating their own transit services, especially rural counties, and would not create a new state revenue loss because the tax had not been consistently collected. Support came from the California Transit Association and the California State Association of Counties; the bill was sent to suspense. SB 603 would allow county boards of supervisors in disaster-affected counties to extend by up to three years the five-year deadline for transferring a property tax base-year value to replacement property. The author and supporters, including the California Assessors Association and the California Association of Realtors, said the measure would give local governments flexibility to address post-disaster rebuilding delays. SB 293 would extend the deadline for filing intergenerational property transfer claims from six months to three years for disaster-impacted homeowners, with testimony focused on helping families in Altadena and preserving generational homes after the Eaton Fire; the committee discussed possible refinements and the bill was held in suspense. SB 353 would extend the farm-to-food-bank tax credit through 2032, with support emphasizing food security, waste reduction, and the program’s documented results; it too was sent to suspense. SB 723 would raise the threshold for property tax exemptions on low-value properties, with the author arguing it would reduce administrative costs and ease burdens on small businesses, and the committee asked for technical work before the bill was held in suspense. SB 785 would create a $5,000 tax credit for durable medical equipment used by children with complex medical conditions, with supporters saying it could prevent hospitalizations and help families keep medically fragile children at home; it was also sent to suspense. SB 87, which would extend the sales tax exemption for volunteer fire department fundraising activities for five more years, passed the committee on a 5-0 vote and was sent to the Assembly Appropriations Committee.

Transcript Highlights:

• Well, if you can give these fantastic, incredible people a round of applause, they are a great asset
• If you can give these fantastic, incredible people a round of applause, they are a great asset to the
• Things are working on across the state in capital improvements.
• But yeah, we transferred it into the administratively created fund for the purposes of the capital.
• That's without capital improvements, of course.

Summary: The House opened with prayer and the Pledge of Allegiance, then approved the House Journal for the 43rd day by roll call vote, 122-1. Members also used points of personal privilege to honor former state representative and St. Louis public servant Edward L. Bushmeyer with a moment of silence, and to recognize Jean Carnahan during Women’s History Month. The chamber then welcomed numerous guests, including students from California Middle School, Missouri Centers for Independent Living, Southern Boone cheer teams, Conservation Day participants, Project Home woodworking students and veterans, Coro Fellows, YMCA advocacy day participants, Easter Seals guests, and others. The House then took up several appropriations bills. House Bill 2017, the reappropriations bill, was explained as carrying forward previously approved capital and other projects into a new fiscal year; members raised concerns about unspent general revenue and the large $186 million storm-recovery item for St. Louis, but the bill was adopted and perfected. House Bill 2018, the maintenance and repair bill for state facilities, was described as routine upkeep of state buildings and was also adopted and perfected. House Bill 2019, the capital improvements bill, drew more debate over new projects, the $104 million transfer from the Capital Commission Fund, and whether some projects had been adequately vetted; an amendment by the gentleman from Texas to shift $3 million from the Conservation Commission Fund to help repair a state-owned road to the George O. White Nursery was adopted, and the bill then passed through committee substitute adoption and perfection. House Bill 2020, the ARPA spending bill, was described as the final year for spending federal pandemic funds, with any unspent amounts to flow to the foundation formula; members discussed how much might remain and whether funds could be used to offset education costs, and the bill was adopted and perfected. The House also considered House Bill 2760, the “Praise Act,” which would bar government from imposing stricter emergency restrictions on houses of worship than on comparable private entities, while preserving emergency carve-outs for disasters, terrorism, and civil unrest. Supporters framed it as a religious liberty bill and argued it would prevent unequal treatment during emergencies; opponents warned it could undermine public health protections during pandemics and noted past restrictions on church gatherings. The debate included extended exchanges over whether churches were treated differently from airports and other venues during COVID-19. The transcript ends during continued discussion of House Bill 2760, with no final vote shown in the excerpt.