Video & Transcript Research : 'finance'
Page 67 of 468
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance Mar 11th, 2025
Transcript Highlights:
- First, Finance, and then to the LAO.
- Department of Finance, please. Hugo Salis Galena with the Department of Finance.
- And why don't we start with Finance? George Harris, Department of Finance.
- of the Department of Finance.
- George Harris, Department of Finance. George Harris, Department of Finance.
Summary:
The committee heard presentations on the Governor’s education budget proposals for the Local Control Funding Formula (LCFF), Learning Recovery Block Grant, and Expanded Learning Opportunities Program (ELOP), followed by testimony from State Board of Education President Linda Darling-Hammond. On LCFF, Finance outlined the proposed 2.43% COLA, repayment of prior deferrals, and a trailer bill penalty for LEAs that fail to adopt Local Control Accountability Plans on time. The LAO said its COLA estimate was slightly lower and raised concerns that the Governor’s proposed TK staffing ratio increase may be more costly than estimated. Members also discussed whether the current COLA formula should better reflect California-specific or district staffing costs, and whether TK should be more clearly separated from the K-3 grade span adjustment to avoid larger K-3 class sizes. The chair asked staff to work with the LAO on both the TK/K-3 issue and alternative COLA calculations.
For the Learning Recovery Block Grant, Finance proposed restoring the first of three delayed payments, $378.6 million one-time Proposition 98 General Fund, while the LAO recommended adopting the proposal but extending the expenditure deadline by at least a year. The LAO reported that districts had spent $1.6 billion of the $6.8 billion received through 2023-24 and said most districts were only now shifting from federal COVID relief to block grant spending. Members questioned whether the large state and federal investments were improving outcomes, citing declining reading and math trends, while Finance and the State Board president pointed to some signs of improvement, especially in math, attendance, and gains for some student groups. Darling-Hammond emphasized that student needs have grown, that recovery spending has gone to devices, ventilation, staffing, tutoring, summer school, and community schools, and that targeted interventions appear to be helping some districts recover faster than others.
On ELOP, Finance proposed adding $435 million to expand universal access by lowering the Tier 1 threshold from 75% to 55% unduplicated pupils, bringing ongoing funding to $4.4 billion. The LAO said the estimate was reasonable but recommended delaying implementation for a year, aligning ELOP with ASES to reduce overlap, moving toward funding based on participation rather than enrollment, and considering a fixed Tier 2 rate. Members and witnesses discussed staffing challenges, the use of funds for students with disabilities, and uncertainty in Tier 2 funding caused by unspent dollars and opt-outs. Darling-Hammond supported ELOP as part of California’s broader after-school and summer learning strategy, said most districts are now offering full-day TK and expanded learning, and urged the state to reduce fragmentation across categorical programs and build more unified systems for funding, reporting, and support.
VT
Vermont 2025-2026 Regular Session
Senate Session - 2026-05-08 - 11:30AM
Vermont Senate Floor Meeting
Transcript Highlights:
- committee on transportation and finance committee on transportation and finance with<00:43:34.560
- and disappointed by the finance and disappointed by the finance amendment<01:35:19.679>
was - , Section 45 was also deleted by finance, Section 45 was also deleted by finance, but<01:35:37.840
- c> Committee So, your Senate Finance Committee So, your Senate Finance Committee originally<01:45
- with finance around that.
FL
Florida 2026 5th Special Session
Judiciary Jan 27th, 2026
Transcript Highlights:
- One carefully regulates litigation financing activities for all litigation financing, and the second
- So if we look at the regulation of litigation financing, for all litigation financing, the bill directs
- ; they just need to inform the court that there is litigation financing.
- So the litigation financing company is to pay an awful lot of money.
- That doesn't fall under the definition of litigation financing.
Summary:
The Judiciary Committee met and took up a series of bills, beginning with SB 620, which would require candidates for federal, state, county, district, judicial, and school board offices to disclose any citizenship in countries other than the United States. The bill was presented as a transparency measure, with one opponent waiving time, and it was reported favorably on an 8-0 vote.
The committee then heard SB 1396 on litigation financing consumer protection. Supporters from the Florida Justice Reform Institute, American Tort Reform Association, and U.S. Chamber Institute for Legal Reform argued the bill would add transparency, limit funder control, and require disclosure of foreign entities involved in litigation funding. Opponents, including the Florida Justice Association, argued the bill would create strategic advantages for defendants and could affect discovery and settlement dynamics. The bill passed 7-2. The committee also approved SB 192, removing a $1,500 cap on patient funds chiropractors may hold in trust; SB 888, limiting indemnity and insurance requirements in design-professional contracts; CS/SB 332, creating a temporary closed-meeting exemption for pre-suit Burt Harris litigation strategy discussions; SB 820, requiring quarterly reporting on problem-solving courts; SB 1500, updating uncontested probate procedures; SB 1224, making fraudulent entry into rental dwellings a third-degree felony; and SB 1000, setting a floor and ceiling for interest rates on law firm trust accounts. Each of these bills was reported favorably, with broad support and little or no opposition.
The committee also advanced CS/SB 694, which would compensate the descendants of the Groveland Four. Senator Bracey Davis described the bill as a final step in addressing the wrongful convictions, deaths, and long-term harm suffered by Charles Greenlee, Walter Irvin, Samuel Shepard, and Ernest Thomas. Family members and advocacy groups testified in support, urging the state to complete its acknowledgment of wrongdoing with monetary compensation. An amendment was adopted to divide any appropriation equally among the four families. The bill passed unanimously. Finally, SB 144 creating a public records exemption for personal information of Judicial Qualifications Commission employees and their families was approved 9-1. Several members also requested to be recorded as voting in the affirmative on specific bills before the committee adjourned.
MN
Transcript Highlights:
- Next, members, we will move to the Children and Families finance bill.
- This will be merged later on with House File 2435, the health finance bill.
- the children and families finance bill. the children and families finance bill.
- Next, uh, we will bring before the committee House File 2435, the health finance bill.
- Next, uh, we will bring before the committee House File 2435, the health finance bill.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance May 19th, 2026
Transcript Highlights:
- Alex Schope, Department of Finance.
- Yes, the Department of Finance.
- We’ll start with the Department of Finance. Phil Osborne, Department of Finance.
- Anita Lee with the Department of Finance. Anita Lee with the Department of Finance.
- Paula, Finance.
Summary:
The committee heard an overview of the May Revision’s Proposition 98 changes for K-12 and community colleges. The Department of Finance said the minimum guarantee rises by $6.4 billion over the Governor’s Budget across the three-year window, with higher guarantees in each year, full payment of the prior settle-up, and larger deposits into the school rainy-day fund. The LAO said the revenue and LCFF updates were reasonable, but urged caution about the settle-up approach and recommended using more of the available funding to protect ongoing programs and build budget resilience. Members focused heavily on the size of the proposed $3.9 billion settle-up, the $10.3 billion reserve deposit, declining K-12 enrollment, and how much of the new funding should be ongoing versus one-time.
The committee then reviewed the community colleges portion of the budget. Finance described the May Revision’s higher SCFF COLA, additional funding for enrollment growth, a student support block grant, apprenticeship adjustments, and continued funding for deferred maintenance, Calbright, Common Cloud, and credit for prior learning. The Chancellor’s Office supported the core investments but asked for more funding for enrollment growth, changes to the growth formula, and a COLA for Student Equity and Achievement. The LAO recommended prioritizing the statutory COLA increase, noted that more than half of districts are already above current-year growth targets, and said the new adult learner demonstration project should be rejected because districts already have tools to support similar services. Members also discussed a $52 million current-year apportionment shortfall, which Finance said was discovered too late for the May Revision and would need to be addressed later.
Finally, the committee took up the proposed implementation of the federal Workforce Pell program. Finance proposed one-time funding for the California Student Aid Commission and Cradle to Career to build eligibility and data systems, along with trailer bill changes to set up state approval processes. CSAC said the program is promising but highly complex, that California lacks the needed infrastructure, and that the state will need emergency regulations, data linkages, and ongoing funding beyond the one-time proposal. The LAO agreed that some initial funding is needed but warned that the amounts and ongoing costs remain uncertain and that the Legislature should carefully draft the trailer bill language. Members asked about timing, other states’ actions, and how the state would ensure the program is ready for students and institutions.
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee Mar 26th, 2025
Transcript Highlights:
- Our first panel is going to focus on financing.
- PG&E this year is going to finance $5.5 billion.
- I did want to talk a little bit about tax-exempt financing.
- And as my colleague mentioned, some source of financing.
- But the financing that we've been talking about as a driver of lower financing costs would also be tax-exempt
Summary:
The committee first heard AB 13, which would restructure the CPUC to increase legislative oversight, add legislative liaisons, require more detailed and timely reporting on rate-setting decisions, and add a public advocate member. The author and supporters argued the bill would improve transparency, accountability, and geographic diversity in CPUC decision-making amid rising utility rates. Witnesses from TURN, San Joaquin County, SDG&E, and former CPUC Commissioner Loretta Lynch offered support or support-in-principle, while no opposition testimony was presented. Members generally praised the bill’s transparency goals, and AB 13 passed 10-0 to Appropriations, with the roll left open for absent members.
The committee then adopted the 2025-2026 committee rules and approved three consent items: AB 61, AB 365, and AB 406. The next bill, AB 99, would cap investor-owned utility rate increases above inflation except for specified costs such as safety, modernization, and fuel/commodity costs. The author and supporters, including a representative of the California Senior Legislature, said the bill was needed to protect ratepayers, especially seniors and low-income customers, from repeated rate hikes. Opposition came from utility labor, utilities, the Chamber of Commerce, and others, who argued the bill was too simplistic, could suppress labor costs, and did not account for major cost drivers such as wildfire mitigation, mandates, and net metering. Several members supported moving the bill forward as a starting point on affordability, while others criticized it as overly blunt. AB 99 passed 11-0 to Appropriations, with the roll left open.
The hearing then shifted to an informational panel on strategies to reduce California transmission costs. A Public Advocates Office staffer described a growing backlog of approved-but-unbuilt transmission projects, rising transmission access charges, and long project timelines driven largely by utility pre-application and construction periods. Panelists from Net Zero California and consulting firms presented research suggesting that public financing or public-private partnership lease models could reduce transmission costs by lowering financing, tax, and capital costs, with estimated savings of up to 57% and as much as $123 billion over 40 years. PG&E’s representative said the utility is already pursuing federal loan guarantees, grants, and a public-private partnership with Citizens Energy, but warned that state ownership could create tax, wildfire-liability, and governance risks. Members asked about the CPUC’s role, the causes of delays, and whether public financing could complement existing competitive solicitation processes.
MN
Minnesota 2025 1st Special Session
Committee on Energy, Utilities, Environment and Climate - 03/03/25
Energy, Utilities, Environment, and Climate
Transcript Highlights:
- <00:06:11.080>
of barriers which inhibit the financing of barriers which inhibit the financing - consumers this combination of financing consumers this combination of financing would<00:13:39.560
- <00:15:06.800>
more uh to make Pace financing more uh to make Pace financing more attractive - many other traditional types financing many other traditional types of<00:15:27.680>
financing - Powerful blend of experience in finance Powerful blend of experience in finance investing<00:16:
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Subcommittee No. 4 on State Administration and General Government Apr 30th, 2026
Transcript Highlights:
- Do we have any comments from the Department of Finance?
- tax-exempt bond financing program.
- Do you have any comments from the Department of Finance?
- Do we have comments from the Department of Finance? Yes, Blair Huxman, Department of Finance.
- Yes, Blair Huxman, Department of Finance.
Summary:
The subcommittee heard an extensive presentation on the administration’s housing reorganization proposal, which would centralize multifamily affordable housing finance under the new Housing Development and Finance Committee (HDFC) and align it with the Governor’s trailer bill language. Administration officials said the plan is intended to create a one-stop application and award process, reduce duplicative timelines and costs, and pair state subsidy with private activity bonds and federal tax credits more efficiently. They also described proposed changes to the Affordable Housing and Sustainable Communities program, including shifting a larger share of funding toward housing-related awards while preserving a portion for sustainable communities investments. The Legislative Analyst’s Office generally supported the streamlining concept but recommended changes to the proposed bond set-aside timing and urged flexibility for integrated applications and future reporting on demand. Senators, especially Senator Cabaldon, raised concerns that the proposal could weaken the original climate-and-transportation purpose of the sustainable communities program and that the reorganization would be undercut by the lack of new housing production funding in the budget. The item was held open without a vote.
The committee then received a report from the California Debt Limit Allocation Committee and the California Tax Credit Allocation Committee on federal and state housing tax credits. Staff explained that the federal H.R. 1 change lowering the bond-financing threshold from 50% to 25% greatly expanded the number of projects able to use the 4% federal tax credit, allowing California to fund many more projects and units. They also described the state low-income housing tax credit as an important gap-filling tool for projects that still need additional subsidy, and noted existing set-asides for rural, homeless, at-risk, and extremely low-income projects. Members discussed rehabilitation as well as new construction, and the item was informational only.
Finally, the Civil Rights Department reported on the effects of federal civil rights policy changes and on three programs facing expiration: California vs. Hate, the Community Conflict Resolution Unit, and Investigations and Conciliation Enhancement. Director Kevin Kish said federal cuts and policy shifts have reduced support for fair housing and other civil rights functions, while CRD’s caseload has grown from about 8,700 open matters a year ago to more than 12,000, with a six-month wait for interviews despite overtime triage efforts. Senators expressed strong support for continuing the programs and concern about the broader federal rollback of civil rights enforcement. The department said it is using overtime, intake triage, and outreach partnerships to manage the workload and direct Californians to appropriate state, local, and nonprofit resources.
FL
Florida 2026 5th Special Session
Rules Feb 3rd, 2026
Transcript Highlights:
- How does it protect Floridians related to litigation financing?
- , The exact terms of the financing agreement are not disclosed.
- They're not going to get financing terms. This is the judge.
- You don't single out one specific type of financing.
- You say all financing, any financing that comes from overseas is a problem.
Summary:
The Committee on Rules met and first approved several open-government sunset repeal bills and related measures. SB 7024 and SB 7026, both sponsored by Senator Mayfield, were explained as consolidating and extending public records/public meetings exemptions for cybersecurity information and trade secrets held by agencies; both were reported favorably. SB 7020, sponsored by Senator Trumbull, reenacted an aquaculture records exemption for records held by the Department of Agriculture and Consumer Services and was also reported favorably. Later, the committee approved SB 14 and SB 24, claims bills for relief involving Miami-Dade County, and SB 16, a claims bill for Heriberto Sanchez Mayan against the City of St. Petersburg; all were reported favorably without opposition. The committee also approved CS for SB 806, a consumer right-to-repair bill creating portable wireless device and agricultural equipment repair acts, despite opposition from several industry groups, and reported it favorably.
FL
Transcript Highlights:
- financing them.
- They're not going to get financing terms. This is the judge.
- And we're just talking about foreign financing, which is...
- You don't single out one specific type of financing.
- You say all financing, any financing that comes from overseas is a problem.
Bills:
S0014, S0016, S0024, S0052, S0308, S0504, S0506, S0564, S0572, S0590, S0594, S0806, S1396, S7020, S7024, S7026
Keywords:
negligence, settlement, police conduct, municipal liability, personal injury, compensation, injuries, Miami-Dade County, places of worship, house of worship, church, mosque, synagogue, religious security, armed security, volunteer security, private security, security guard licensing, licensure exemption, Florida Statutes chapter 493
Summary:
The Committee on Rules met with 14 members present and considered a long agenda of bills, including several open-government sunset reauthorizations, consumer and election measures, claims bills, and policy bills on public safety, ethics, and child protection. The committee reported favorably SB 7024 and SB 7026, which extend and consolidate public-records/public-meeting exemptions for cybersecurity information and trade secrets held by agencies, and SB 7020, which reenacts the aquaculture records exemption for the Department of Agriculture and Consumer Services. It also approved SB 14 and SB 24, two uncontested Miami-Dade County claims bills, and SB 16, a claims bill for Heriberto Sanchez Mayan involving severe injuries after an unlawful arrest and transport incident in St. Petersburg.
Several bills drew substantial testimony. SB 308, creating the Florida Museum of Black History Board of Directors and designating St. Johns County as the museum site, received extensive support from advocates and lawmakers who emphasized preserving the full and accurate history of Black Floridians; some speakers urged safeguards to ensure historians and community members help shape the museum’s content. The committee also favorably reported CS for SB 564, allowing registered or pre-registered high school students to volunteer at polling places for community service hours, with supporters saying it would build civic engagement and help election offices. CS for SB 52, which exempts unpaid volunteer armed security at houses of worship from Class D and G licensing requirements, was also reported favorably after testimony both supporting the need for church security and cautioning that congregations should retain control over whether weapons are allowed.
The committee approved CS for SB 1396 on litigation financing and consumer protection after a lengthy debate over transparency, foreign funding, and whether the bill would chill access to courts. Supporters said it would create guardrails and disclose foreign involvement; opponents argued it could burden plaintiffs and reveal litigation strategy. The committee also reported favorably CS for SB 504 and SB 506, creating a framework and related public-records exemption for code inspector body cameras, with discussion about notice to property owners and protection of sensitive footage. Additional favorable actions included CS for SB 572, updating ethics law to reflect foster family relationships, and CS for SB 590, tolling the statute of limitations for failure-to-report child abuse offenses until the offense is known to law enforcement or another charging authority.
NY
Transcript Highlights:
- And that bill goes to finance. Without rec. And that bill goes to finance.
- If reported, we're going to finance.
- That bill goes to finance. Thank you. Without rec. That bill goes to finance.
- If reported, it would go to finance.
- That goes to finance. Yes.
Summary:
The meeting covered a long list of health and social services bills, many of them recurring proposals that had passed the Senate before or been vetoed in prior years. Topics included primary care investment, penalties for adult care facility safety violations, emergency insulin access, limited nursing services in adult care facilities, a State Medical Indemnity Fund ombudsman, hospital ownership and private equity oversight, controlled substances for people with substance use disorder, rescue inhaler information in the immunization system, nursing home closure procedures, Medicaid coverage for complex care assistance, increased personal needs allowances, parental education for minors with disabling conditions, physician and dentist loan repayment/support, higher public health penalties, direct Medicaid billing for licensed creative arts therapists, adoption registry information release, fetal and infant mortality review boards, reusable food and beverage containers, DNR and hospice decision rules, a special needs assisted living demonstration program, temporary licensure for out-of-state health professionals at a triathlon event, and lead reporting and mitigation in school water.
Sponsors described most bills as straightforward efforts to improve access, transparency, or care quality, while several members noted technical fixes or fiscal concerns on a few measures, including outdated program references and the need for funding to support expanded loan repayment eligibility. Some bills were framed as responses to prior vetoes or as renewed attempts to advance previously passed Senate measures. The chair also noted the committee still lacked a budget and expected additional meetings.
For each bill, members generally moved and seconded the measures, and the committee voted favorably, usually with some members recorded as without recommendation. Most bills were advanced either to first reading, finance, or higher education, depending on referral. No bill was defeated in the transcript.
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Subcommittee No. 5 on Corrections, Public Safety, Judiciary, Labor and Transportation May 7th, 2026
Transcript Highlights:
- Thank you, Department of Finance. Neal Kishun, Department of Finance: Nothing to add. Okay.
- They will do the financing, meaning they can advance the cash.
- One, finance against the $20 billion, and then they can add...
- financing on top of the $20 billion.
- And back about the finance...
Summary:
The Senate Budget Subcommittee No. 5 heard an update from the California High-Speed Rail Authority on its 2026 draft business plan and related budget proposals. The Authority said work in the Central Valley is advancing, with 59 of 92 major structures complete, 80 of 119 miles under construction finished, utility relocations 93% complete, and track-laying expected to begin later this year. It said the revised plan targets completion of the Merced-to-Bakersfield early operating segment in 2032-33, and it highlighted a new strategy focused on ancillary revenues, public-private partnerships, and possible value-capture tools such as real estate, energy, broadband, logistics, and tax increment financing. The Authority also asked for reappropriation of $423 million in Prop 1A funds for the Link Union Station project and $246 million in federal trust funds to avoid expiration.
The Legislative Analyst’s Office said it had no specific concerns with the two budget change proposals but raised broader concerns about the draft business plan and the project’s finances. LAO said the plan appears to assume optimistic cost savings, immediate approval of major statutory changes, and reliable future cap-and-invest revenues, while actual funding may be insufficient even for the revised Central Valley segment once borrowing costs are included. LAO also said the draft business plan was missing several required elements identified by the Office of the Inspector General, and it suggested the Legislature could wait until the plan is finalized before acting. Department of Finance had no additional comment.
Members questioned the Authority about whether all proposed financing and policy changes are necessary, how tax increment financing would affect local governments and school districts, and what authority the Authority has to enter public-private partnerships without further legislative approval. The Authority said utility relocation authority is its top legislative priority, that value capture is a longer-term tool not needed to complete Merced-to-Bakersfield, and that any state backstop beyond the current $20 billion commitment would require returning to the Legislature. It said a private partner is expected to be selected around June 1, with more detailed financing analysis to follow over six to eight months. Public testimony was split: labor groups and project supporters backed the budget request and urged action on utility relocation and job creation, while local government and special district representatives strongly opposed tax increment financing and related land-use proposals without local consent. The hearing ended with no vote taken and the committee adjourned.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Mar 25th, 2025
Transcript Highlights:
- And Department of Finance? Blair Huxman, Department of Finance.
- And Department of Finance? Blair Huxman, Department of Finance.
- Housing Finance, which would be within the California Housing Agency, and then a finance grants...
- California Housing Agency, and then a finance, housing finance committee as well.
- Just the uncertainty around HUD financing, USDA financing that support housing will create that much
Summary:
The Assembly Subcommittee on State Administration held a budget hearing focused heavily on housing, homelessness, and related administrative proposals. HCD reported that California housing production has increased, with 2023 completions up 13% from 2022 and entitlement and construction timelines improving, while members and advocates criticized the Governor’s January budget for zeroing out or sharply reducing several housing programs. Public testimony urged funding for affordable housing production, preservation, youth housing, CalHome, LIHTC, HAP, and related programs, and several speakers argued the state should not pull back after recent progress.
A major policy item was trailer bill language to allow HCD to access “excess equity” in existing affordable housing projects and recycle those funds into new or preserved housing. HCD and the LAO said the proposal could unlock tens or hundreds of millions of dollars, but members wanted guardrails and clearer statutory direction to ensure the funds stay within the intended housing purposes. The committee also discussed encampment resolution funding; HCD said the proposal would shift expenditure deadlines to the date of award rather than appropriation, while the LAO raised concerns about limited outcome data and urged the Legislature to use upcoming reporting before deciding on future funding.
The hearing also covered HCD trailer bills to consolidate default reserve funds into a centralized continuously appropriated account and to clarify reporting requirements for early rounds of the Homeless Housing, Assistance and Prevention program. HCD requested funding to implement chaptered legislation, including a new tribal housing program and reporting-related bills, and also sought extensions for certain reappropriations, including Homekey and REAP 2 deadlines. Public commenters and regional agencies supported flexibility for REAP 2 timing and other housing-related adjustments.
Finally, the Business, Consumer Services and Housing Agency presented the Governor’s reorganization proposal to split the current agency into a Housing and Homelessness Agency and a Consumer Protection Agency. The administration said the change would improve focus, efficiency, and coordination, but the LAO and several members questioned whether it would truly save money or improve accountability, especially given the need for new leadership, possible staffing changes, and the fact that the plan had not yet been formally submitted for review. No votes were taken during the hearing.
MN
Minnesota 2025-2026 Regular Session
House Housing Finance and Policy Committee 1/21/25
Housing Finance and Policy
Transcript Highlights:
- Mary Davis then turned to Housing Finance programs and the Minnesota Housing Finance Agency, noting that
- Mary Davis explained that the Minnesota Housing Finance Agency finances housing activities in the state
- some of the finance some of the finance issues<00:08:15.000>
so <00:08:15.479>as <00 - some of the historic Finance some of the historic Finance Appropriations<00:09:15.000>
here - <00:21:12.760>
loans this is a program that finances loans this is a program that finances
Summary:
The House Housing Finance and Policy Committee met for an informational session with no bills taken up and no votes or formal actions. Members and staff introduced themselves, and Chair Speno said the committee would focus on understanding housing policy and barriers to building more homes, noting Minnesota’s housing shortage and the need to support both single-family and multifamily construction.
House Research analyst Mary Davis and House Fiscal analyst Katrina Heimark gave an overview of the committee’s jurisdiction and the Minnesota Housing Finance Agency’s programs and funding streams. Davis outlined areas the committee may hear about, including real estate law, landlord-tenant law, manufactured home parks, housing cooperatives, zoning, property taxes, and MHFA programs. Heimark described MHFA’s five main budget areas—development and redevelopment, housing stability, homeownership assistance, preservation, and resident/organization support—and reviewed recent appropriations, emphasizing that much of the large 2024–25 funding was one-time money and that ongoing base funding is lower in 2026–27.
Members asked several questions about how prior appropriations were spent, whether unused funds return to the general fund, and whether funds can be repurposed. Heimark said transferred funds generally are not returned to the general fund if unspent, but are expected to be used for the purposes outlined in the appropriation; she also said she had requested more detailed expenditure information from the agency and would follow up. Questions also focused on who benefits from programs such as rental housing rehabilitation and the affordable rental investment fund, with the testifiers explaining that most MHFA programs are targeted to low- and moderate-income households and that income eligibility varies by program. The committee also discussed the new metro-area sales tax revenue dedicated to housing, with members requesting more detail on reporting, oversight, and allowable uses.
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Nov 3rd, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- of policies and rules and all the projects that we finance at the Finance Authority.
- Our loan servicing people work closely with our finance department.
- Adopted by the Finance Authority employees.
- We've worked on several projects in which we've provided the gap financing.
- It also includes other corridors that may not otherwise receive financing.
NV
Nevada 2025 Regular Session
Senate Floor Session May 29th, 2025 at 11:00 am
Nevada Senate Floor Meeting
Transcript Highlights:
- Also, your Committee on Finance.
- I have Amendment No. 892 proposed by the Senate Committee on Finance. Senator Donate.
- I have Amendment No. 912 proposed by the Senate Committee on Finance. Senator Dondero-Loop.
- I move to refer Assembly Bill 550 to the Committee on Finance. You've heard the motion.
- Amendment No. 850, proposed by the Senate Committee on Finance. Senator Dondero-Loop.
NM
New Mexico 2026 Regular Session
Senate Chamber Jan 20th, 2026 at 04:07 pm
New Mexico Senate Floor Meeting
Transcript Highlights:
- Selection and priorities financed by bonds in its annual budget request, increasing the other than buses
- An act relating to the financing of highway projects, providing additional bonding authority to the State
- the Department of Transportation to include a report on highway project selection and priorities financed
- to the Senate Committees Committee, then Senate Health and Public Affairs Committee, then Senate Finance
- Public Affairs Committee, then Senate Health and Public Affairs Committee, then Senate Finance Committee
CA
California 2025-2026 Regular Session
Assembly Banking and Finance Committee Apr 28th, 2025
Banking and Finance
Transcript Highlights:
- The Assembly Banking and Finance Committee is now called to order.
- Potential bankruptcy of the Department of Finance and Innovation? Do we know about that?
- The bill would include lawsuit financing in the definition of commercial loan.
- Litigation financing is the most significant development in modern civil litigation.
- It's a mouthful, but legal funding is different from litigation financing.
WV
West Virginia 2026 Regular Session
Senate in Session Mar 12th, 2026 at 03:29 pm
West Virginia Senate Floor Meeting
Transcript Highlights:
- Is the adoption of the amendment offered by the Committee on Finance?
- The Committee on Finance moved to amend the bill on page one, section 5C.
- The amendment adopted by the Finance Committee modifies two allocations.
- Is the adoption of the amendment offered by the committee on finance?
- The amendment adopted by the Committee on Finance did two things.
MN
Transcript Highlights:
- modernize our system of public financing modernize our system of public financing and<00:05:38.160
- <00:24:28.960>
program details of a public financing program details of a public financing - of these concerns while campaign Finance of these concerns while campaign Finance report<01:10:05.159
- updates to clarify the campaign Finance updates to clarify the campaign Finance system<01:13:37.760
- I'm with the Campaign Finance and Public Disclosure Board.