Video & Transcript Research : 'loan restructuring'

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CA
Transcript Highlights:
  • and support the new information technology solution, HCD Connect, for monitoring and management of loan
  • tell us how the public can access that program on student loans?
  • As I know, most of us have constituents that are really struggling with student loans, and any type of
  • Student loans and any type of support could mean a lot to them.
  • Thank you so much. student loans and any type of support could mean a lot to them.
Summary: The Assembly Budget Subcommittee No. 5 on State Administration heard a series of budget change proposals and trailer bill items, beginning with Housing and Community Development (HCD) requests. HCD sought permanent authority for seven existing temporary positions to support the HCD Connect IT system, and a separate proposal to fund implementation of eight 2025 housing-related laws with $4.2 million General Fund and 16 positions, plus $470,000 one-time General Fund. Members asked about how HCD Connect would interact with programs moving to the new Housing Development Finance Committee, and HCD also explained that the estimated cost to implement AB 1053 had been revised downward from about $6 million to $1.9 million because of shared implementation with CalHFA and the new committee structure. The committee also heard a Cal ICH proposal for $339,000 one-time General Fund to implement AB 678 on LGBTQ+ inclusive and culturally competent homelessness services, with testimony emphasizing data gaps and the need for a contract-based approach because HMIS cannot be changed unilaterally. The Department of Financial Protection and Innovation presented three continuation proposals: $15.34 million and 53 positions for the California Consumer Financial Protection Law program, $13.5 million and 51 positions for the Debt Collector Licensing Act program, and $49,000 ongoing for two positions in the broker-dealer/investment adviser education program. Members and the public raised concerns about the size and fairness of debt collector assessments and licensing fees, while DFPI explained the pro rata fee structure, the current license count, and how larger assessments fall on larger firms. Public testimony also supported retaining funding for the Student Loan Empowerment Network and requested funding for a franchise broker registration program. The committee also considered a mandate item involving suspension of a disclosure requirement related to property taxation, and trailer bill language from the Government Operations Agency to amend AB 91 on MENA demographic data collection, with the administration emphasizing data nondisclosure, protection of federal funding, and delayed implementation. The Secretary of State’s office then presented Help America Vote Act funding requests: $10.3 million for VoteCal maintenance and operations and $4.492 million for HAVA spending plans supporting voter education, training, accessibility, auditing, and county assistance. The office also requested $660,000 General Fund to implement AB 1392, which would make voter registration information for elected officials and candidates confidential, and explained the need to modify VoteCal and county election systems. The committee also heard requests to continue the Cal-Access Replacement System with $11.8 million General Fund and to continue the Notary Automation Program Replacement Project with $9.75 million from the Business Fees Fund. Members asked about total project costs, testing, data migration, and the expected November 2026 go-live date for Cal-Access replacement. Votes were taken on the vote-only items once quorum was established, and the committee approved the items considered. The final informational item was an overview from the California Arts Council, which highlighted the agency’s 50th anniversary, its statewide grantmaking, and the economic impact of arts funding. Council staff described Creative Corps, cultural districts, and the role of arts funding in local economies, while members and public witnesses urged increased support, including a request to raise local assistance grant funding to $50 million and to provide additional funding for cultural districts. Testimony emphasized the arts as economic infrastructure, community infrastructure, and a source of civic and cultural vitality across California.
CA

California 2025-2026 Regular Session

Assembly Education Committee Jul 2nd, 2025

Education

Transcript Highlights:
  • Established in 1996, the charter school revolving loan fund provided low interest loans up to $250,000
  • The loan program does not encourage or discourage charter schools.
  • The loan program does engage and whether a charter school should exist. Excuse me, does not.
  • from the Charter School Revolving Loan Fund.
  • What amount of disbursement was there through the loan fund in the last two years?
Keywords: 988, house, all
TX
Transcript Highlights:
  • members, Senate Bill 845 relates to the eligibility of social workers for the Homes for Texas Heroes Loan
  • This program provides down payment assistance as a grant or as a forgivable second lien loan to eligible
  • Therefore, they would need to meet the qualifications for a mortgage loan.
  • A standalone loan election to sell or repurpose this parkland is costly to our citizens.
  • Well, like we noted, stock values of insurance companies and savings and loan associations.
NM

New Mexico 2026 Regular Session

Senate - Finance Jan 26th, 2026 at 09:12 am

Senate Finance

Transcript Highlights:
  • to the most vulnerable, and below-market-interest-rate loans on rental developments.
  • We made low interest rate loans. 500 units and growing in that category.
  • to the most vulnerable, and below market interest rates, loans on rental developments.
  • And the vast majority of the loans that we make are loans that generate program income that will help
  • Loans are 15 to 30 years. Collateral is a minimum loan-to-value of 85%.
Keywords: 996, all
OK
Transcript Highlights:
  • But in order to do that, they have to be able to pay their student loans.
  • Well, you know, I know that when we talk about the student loan thing, there's a public interest law
  • And if you notice, it is not a loan forgiveness plan; it is a loan assistance program that there will
  • But it would go towards their loans and it would go directly to the service provider.
  • to be forgiven with either the help of this program and the Public Service Loan Forgiveness Plan.
Keywords: 914, all
HI

Hawaii 2025 Regular Session

EDT Public Hearing 01-30-2025

Economic Development and Tourism

Transcript Highlights:
  • And how many loans do we have? I know we currently have 17 active loans.
  • But these are not startups giving a business plan for a loan.
  • Okay, so these loans are for business expansion? Yes.
  • I mean, I know that's different from a loan, but I'm just wondering.
  • Next up, Senate Bill 983, relating to small business loans.
Keywords: 912, senate, all
Summary: The Senate Committee on Economic Development and Tourism heard testimony on several bills, with much of the discussion focused on Enterprise Zones and related economic development measures. On SB 125, the committee heard support from DBEDT, the Department of Taxation, the Tax Foundation of Hawaiʻi, the Hawaiʻi Farm Bureau, and the Farmers Union. Members questioned how the bill would affect job-creation requirements and learned that existing companies and new companies are treated differently under the program, with existing companies generally subject to a 15% annual employment increase and new companies to a 10% increase, while the bill would extend the program period from seven to nine years. DBEDT also said the program has been effective, citing 1,162 jobs created or maintained at a cost of about $1.2 million, and noted that agriculture, manufacturing, and wholesaling are the main sectors involved. The committee then took up SB 729, also relating to Enterprise Zones, which would expand eligibility to better accommodate local manufacturers and value-added businesses that sell directly to retail rather than only wholesale. Testifiers from the Holua Collaborative and Hawaiʻi Farm Bureau supported the measure, saying it would help small manufacturers and agricultural producers add value and adapt to internet-era sales patterns. A committee discussion clarified that the bill would add value-added processing as an allowable activity within the zones, and DBEDT explained that the current rules were written for a wholesale-dominated market. The Attorney General’s office also testified, raising a supremacy clause concern and recommending language changes to avoid conflict with federal law. On SB 129, relating to labeling requirements for fish, the Attorney General and the Department of Agriculture both raised concerns about federal preemption and enforcement. The AG explained that federal law governs fish labeling but includes an exception for processed fish, and recommended narrowing the bill to processed fish and defining that term to fit the federal carve-out. The Hawaii Longline Association supported the bill but suggested excluding canned tuna while including products such as poke, sashimi, and sushi. The Department of Agriculture said it does not currently enforce this kind of labeling requirement and would need to determine whether another agency should handle enforcement. The committee also heard SB 581, which would establish an aerospace and aeronautics development program within DBEDT. Testimony was generally supportive, but members pressed for a fiscal estimate, and the bill’s sponsor said a prior version of the office had operated on about $400,000 annually with a small staff. No votes or final committee actions were taken during the portion of the hearing provided.
TX
Transcript Highlights:
  • or to the collection of a judgment previously obtained, ...that the bill does not apply to home loans
  • in their names, or student loans to force them to borrow the maximum on their student loans.
  • in their names, or student loans to force them to borrow the maximum on their student loans.
  • in their names, or student loans to force them to borrow the maximum on their student loans.
  • Senate Bill 2268 would provide a necessary degree of flexibility in the administration of the TEF loan
Summary: The Senate Committee on Business and Commerce met with a quorum and took up several pending bills, voting favorably on SB 1612, SB 2717, SB 1468, SB 1642, and SB 1789. SB 1612 was reported favorably with objections to the local and contested calendar, while SB 2717, SB 1468, SB 1642, and SB 1789 were reported favorably, with SB 1642 and SB 1789 sent to the floor. SB 2717 would create the Texas Energy Efficiency Council; SB 1642 would add an executive director to the Texas Department of Insurance structure; and SB 1789 would establish pole standards and clarify PUC authority and remedies. The committee also heard an ERCOT update from CEO Pablo Vegas on the updated long-term load forecast, which showed a much higher unadjusted growth projection driven largely by data centers. ERCOT described an adjusted forecast using historical delays and lower realized build rates, and members discussed reliability, generation timelines, and the importance of SB 6 for demand response and flexibility. The committee then heard and left pending SB 2629, which would allow condominium and property owners’ association meetings and voting by electronic means; SB 2702, which would let nationally certified professionals test backflow prevention assemblies without a separate TCEQ license; SB 2167, which would let TDLR pause new license applications tied to human trafficking emergency orders or pending SOAH cases; SB 2349, which would exempt short-term leases and certain leasebacks from flood disclosure requirements; SB 2121, which would tighten the data broker registry law; and SB 2443, which would authorize TDLR electronic delivery of notices and other documents. Testimony generally supported these bills as cleanup, modernization, or workforce-streamlining measures, with some members expressing caution about electronic meetings and emphasizing in-person accountability. The committee also heard SB 2902 on coerced debt and identity theft, with testimony from a law professor and family violence advocates supporting stronger protections for survivors and suggesting a police report as an additional proof option. SB 512, a refiled bill restricting money transmission license holders from fining users for terms-of-service violations, also received supportive testimony and was left pending. Later, the committee heard SB 2145 on allowing certain TIF boards to meet virtually in narrow circumstances, SB 2268 on extending Texas Energy Fund loan deadlines in some cases, SB 1495 creating an EV supply equipment advisory board, SB 2154 regulating delivery network companies under a statewide framework, SB 2184 lowering the age for pyrotechnic operator and fireworks display permits from 21 to 18, SB 2211 on combining data centers, power generation, and produced-water desalination projects, and SB 647 on title theft protections and clerk authority to refuse fraudulent filings. Most of these bills were left pending after brief testimony and questions, with members focusing on reliability, regulation, and safeguards against fraud.
AZ

Arizona 2026 Regular Session

03/17/2026 - House Natural Resources, Energy & Water

Natural Resources, Energy & Water

Transcript Highlights:
  • This fund also has the ability to issue both grants and loans.
  • So this would mean there are fewer loans in any given period of time.
  • back out, the interest and principal, is immediately loaned back out.
  • So I wouldn't lean toward saying it means less loans.
  • Chair, if I could please add to that, none of WIFA's other loan funds have a cap.
Summary: The committee heard several water and energy-related measures. SB 1200, as amended, addressed Arizona Department of Water Resources treatment of certain “conduit lakes” in active management areas, allowing some existing lake systems to continue using groundwater mixed with effluent for irrigation or landscaping purposes. ADWR testified in opposition to the amendment’s policy implications and enforcement concerns, while HOA, homebuilder, and resident witnesses argued the bill would grandfather existing communities, avoid costly system redesigns, and reflect prior agency practice. The committee adopted the strike-everything amendment and then passed SB 1200 on a 6-3 vote. SB 1419, dealing with residential rooftop solar installations, was amended to add consumer-protection and disclosure requirements, including roof inspection and installation standards, clearer contract disclosures, and contractor responsibilities. County and industry witnesses said the bill was the product of a lengthy stakeholder process aimed at addressing misleading sales practices and installation problems, though some technical issues were still to be resolved on the floor. The committee adopted the amendment and passed SB 1419 on a 6-1 vote with two members present and one absent. SB 1447, which extends Pinal AMA groundwater withdrawal fee provisions and related fund deadlines, was supported by irrigation and agricultural interests as a way to finance local infrastructure and conservation during Colorado River uncertainty; it passed 7-1 with one present and one absent. SB 1560 raised the maximum single loan amount from the Water Supply Development Revolving Fund from $3 million to $20 million. WIFA said the current cap was too low for larger rural water projects and that the change would better match demand without harming the fund’s revolving nature; the bill passed 8-1 with one absent. The committee also approved SCM 1004, urging Congress to clearly define EPA powers and duties, despite some members saying it was unnecessary or backward-looking; it passed 6-2 with one absent. The meeting then adjourned.
ND

North Dakota 2026 1st Special Session

Health Care Committee Jul 15th, 2026

Health Care Committee

Transcript Highlights:
  • Student loan repayment is a really good tool for recruitment at FQCs.
  • So the first one is the dental student loan repayment.
  • and the North Dakota federal loan repayment at the same time.
  • Well, and there's such a difference in the amount of student loans.
  • Do we need 10 more $100,000 loan forgiveness? Or do they need one more?
Summary: The committee first approved the minutes and then heard a detailed annual presentation from Dr. Thomas Arnold, chair of the Maternal Mortality Review Committee, on maternal mortality trends and review findings. He explained the committee’s structure, the de-identified review process, and the distinction between pregnancy-associated and pregnancy-related deaths. He said national maternal mortality has declined from its 2021 peak, but mental health conditions, substance use, overdose, suicide, cardiovascular disease, hemorrhage, infection, and embolism remain major causes. He emphasized that many deaths are preventable, with especially high rates among non-Hispanic Black women and in the American Indian/Alaska Native population, and noted that a large share of deaths occur after 42 days postpartum. Committee members asked about suicide, domestic abuse, pregnancy testing in unexplained deaths, and the role of home births and midwife training. Dr. Arnold said the committee is adding a caseworker, exploring post-mortem pregnancy testing in suspicious cases, and working with coroners and forensic officials; he also said home births and untrained midwifery pose safety concerns and that better public education and facility-based care are important. The committee then heard from State Fire Marshal Dr. Matt Clark on cigarette ignition propensity standards and fire prevention. He recommended updating North Dakota’s cigarette ignition legislation to the current national standard and also considering legislation requiring fast-breakaway oxygen tubing, citing fatal fires involving smoking around home oxygen. He explained that his office verifies manufacturer testing and maintains certification for cigarettes sold in the state, but does not itself conduct the testing. Members asked about implementation, cost, and whether the standards apply in tribal communities; Clark said he would follow up with cost information and additional details, and that he had not seen evidence of a major issue on tribal lands but would look further. Christine Greff of the Department of Health and Human Services presented the North Dakota Stroke System of Care report. She described the statewide network of two comprehensive stroke centers, four primary stroke centers, and 30 acute stroke-ready hospitals, along with the stroke registry and quality-improvement efforts. She reported that most strokes are ischemic, that the median stroke patient age is 71.5, and that common risk factors include hypertension, dyslipidemia, obesity, and diabetes. She highlighted improvements in door-to-CT, thrombolytic treatment times, dysphagia screening, EMS pre-notification, and interfacility transfer performance, and said new priorities include hemorrhagic stroke quality measures and standardized EMS stroke screening tools. Members asked about the VA hospital’s participation, and Greff said she would pursue outreach. After a break, the committee heard testimony from Taha Khan of Vertex Pharmaceuticals as part of the prior authorization study, focused on non-opioid pain treatment. He argued that prior authorization can delay access to acute pain treatment and may push patients toward opioids, especially in the critical 24- to 72-hour post-discharge window. He cited data showing that even short opioid exposure can increase the risk of long-term use and said prior authorization is often a barrier for physicians and patients. Khan recommended open access with a quantity limit rather than prior authorization, suggesting a 14-day limit supported by the product’s data and an episode-of-care approach. Members asked about dental use, payer discussions, and cost; he said the product’s wholesale acquisition cost is about $16.10 per tablet, with patient assistance available, and that he would follow up on payer and comparison-cost questions.
MN

Minnesota 2025 1st Special Session

Committee on Capital Investment - 01/21/25

Capital Investment

Transcript Highlights:
  • loans up on the screen so there's a loan loans up on the screen so there's a loan going<00:32:05.519
  • industrial space so there's a a loan industrial space so there's a a loan that's<00:32:17.039>
  • that's going to them um there's a loan that's going to them um there's a loan going<00:32:19.200
  • There's all different kinds of loans: there's forgivable loans, there's no-interest loans, there's appreciating
  • loans.
Keywords: 1187, senate, all
Summary: The Committee on Capital Investment held its first meeting of the 2025 session with members and staff introducing themselves and describing their priorities. Senators from both parties repeatedly emphasized the goal of passing a strong bipartisan bonding bill this year, with several members noting that local projects were delayed after no bonding bill passed the previous year. Chair Housley also said the committee would not meet later that week and previewed an upcoming presentation from MMB on federal funds. The committee then heard a presentation from MMB’s Leah Corey and Anna Ming on Minnesota’s federal funding efforts. Corey explained that MMB’s federal funds team coordinates state efforts to maximize funding from IIJA, IRA, CHIPS, and related federal programs. She said Minnesota has secured about $12.3 billion in federal funding so far, including roughly $3 billion more since the last presentation, supporting about 1,800 projects statewide. Most of the funding is going to transportation, roads, and bridges, with other major areas including clean energy and weatherization. She also highlighted an interactive public dashboard showing projects by region and noted that much of the data reflects funds flowing through the state enterprise. Corey also discussed state match programs that helped unlock federal dollars, including the IIJA discretionary match fund, the State Competitiveness Fund, and the Forward Fund. She said $180 million in state match has unlocked about $1 billion in federal investment through the IIJA discretionary match fund, nearly $17 million in state investment has unlocked nearly $90 million in federal funding through the State Competitiveness Fund, and $124 million for the Forward Fund has unlocked nearly $1 billion in federal and private investment. Members asked whether more state dollars could have brought in more federal funds; Corey said she was not sure, but noted the IIJA match fund is expected to run out in the coming months. The presentation also focused on direct pay tax credits under the Inflation Reduction Act, which allow tax-exempt entities such as governments, nonprofits, school districts, and tribal nations to receive payments for eligible clean energy projects after they are completed. Corey said the state is building awareness and technical assistance around direct pay, including educational sessions and a tax expert resource. She also described Minnesota’s Green Bank, the Minnesota Climate Innovation Finance Authority, which is beginning to issue loans for projects such as community energy, nonprofit geothermal systems, and solar-plus-battery installations.
TX

Texas 89th Regular

Natural Resources Mar 5th, 2025

Natural Resources

Transcript Highlights:
  • seat money was invested with the safekeeping trust, and we use those funds to provide low-interest loans
  • The Rural Water Assistance Fund, or RWAF, that fund we... can provide loans and grants to communities
  • We wanted to take into consideration their constraints on the ability to repay loans.
  • We balance that with a 10% loan, 90% grant.
  • The next program we use is our Water Loan Assistance Fund. excuse me, or WALAF.
Keywords: 1184, house, all
MN

Minnesota 2025-2026 Regular Session

Senate Floor Session - 04/30/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • repaying the loans. repaying the loans.
  • Thank you. loan. All this amendment does loan.
  • during the full course of the loan. during the full course of the loan.
  • So, current language would say up to 100% of the loan—no, 60% of the loan can be forgivable.
  • losing their homes, defaulting on loans. losing their homes, defaulting on loans.
Keywords: 918, senate, all
Summary: The Senate was called to order, a quorum was established, and remote voting was authorized for several members. The body adopted committee reports except those related to Senate Concurrent Resolution 6, gave Senate File 4067 a second reading, and referred newly introduced bills as listed on the agenda. It also adopted a motion to strike and re-refer House File 3379 to the Committee on Finance, and then moved into special orders and floor debate. The main floor action was on House File 2358, a public safety bill providing enhanced criminal penalties for certain coercion offenses. Senator Lang described it as creating a Minnesota crime targeting sexual extortion of children, including online extortion. Senator Maye Quade supported the bill and spoke about the tragic constituent story behind it. The Senate took a roll call and passed the bill 67-0, with its title agreed to. The Senate then began debate on Senate File 4511, which would clarify Minnesota gambling law to prohibit prediction-market style betting disguised as futures contracts. Senator Marty argued the bill was needed to stop companies such as Kalshi and Polymarket from using futures-contract language to evade state gambling restrictions and to protect existing regulated gambling businesses. Senator Johnson initially offered the A10 amendment to delay action until federal jurisdiction issues are resolved, but withdrew it after debate. He then offered the A8 amendment to preserve longer-term weather-related hedging contracts, which Senator Marty supported as a distinction from short-term, manipulable bets; the A8 amendment was adopted. Debate continued with questions about the bill’s scope, including whether it would reach election-related or financial contracts.
MN

Minnesota 2025-2026 Regular Session

Committee on Judiciary and Public Safety - 04/13/26

Judiciary and Public Safety

Transcript Highlights:
  • , given the amount of the loan.
  • Given the given the amount of the loan.
  • language in the A9, those sorts of loans language in the A9, those sorts of loans with<01:05:02.920
  • we raised again would be loans we raised again would be loans because<01:11:12.600> that<
  • employee loans employee loans still<01:14:12.640> need<01:14:12.840> some<01:14:13.040
Keywords: 1187, senate, all
CA

California 2025-2026 Regular Session

Assembly Judiciary Committee Apr 8th, 2025

Transcript Highlights:
  • as those who have private loans or who hold loans serviced by for-profit and non-profit organizations
  • Student loan debt is an equity issue.
  • act as loan servicers fall under the jurisdiction of California law.
  • loans, are covered by California debt collection including those that have federal student loans, are
  • Like any breach of contract case for an unpaid loan, whether for a car, a house, a personal loan, or
Summary: The committee heard several bills, beginning with AB 2, which would create enhanced civil penalties for large social media companies when negligence proven in court causes harm to children and teens. The author and supporters argued the bill is needed to address addictive algorithms and harmful content, while opponents warned it was vague, could chill speech, and might be preempted by federal law. Members largely focused on whether the bill changed the standard of care or burden of proof; the bill passed out of committee on a roll call vote, with some members noting concerns but supporting it to continue the discussion. AB 282, dealing with housing vouchers and source-of-income discrimination, would clarify that housing providers may prioritize applicants who qualify for rental assistance without violating fair housing law. Supporters from housing authorities, local governments, and advocacy groups said it would help voucher holders find units and improve use of housing funds. There was no opposition, and the bill passed to Appropriations on a roll call vote, with two no votes. The committee also considered AB 882 on court reporter availability and electronic recording in certain cases when a court reporter is unavailable. Supporters said the bill is a temporary, narrowly tailored response to a shortage of reporters and would preserve access to accurate records, while opponents argued it was too narrow, raised access-to-justice concerns, and should be broadened. Members from both sides emphasized the importance of court reporters and electronic recording as a backup; the bill passed with an urgency clause and was sent to Appropriations. The committee then heard AB 325 on algorithmic price fixing, AB 935 on civil rights data clarity, AB 1414 on tenant choice of internet service provider, and AB 67 on Attorney General enforcement of the Reproductive Privacy Act; each drew support from sponsors and advocacy groups, opposition centered on overbreadth or policy concerns, and each advanced on committee votes, with several members requesting further amendments or clarification.
CO

Colorado 2026 Regular Session

Colorado House 2026 Legislative Day 056 Mar 11th, 2026

Colorado House Floor Meeting

Transcript Highlights:
  • <01:34:19.840> It qualifying loan modification. It qualifying loan modification.
  • So this bill adds a new category of loans that are allowed under the existing agricultural future loans
  • It has a definition of an loans program.
  • handles these loans handles these loans um<02:36:20.760> to<02:36:21.560> be<02:36
  • So as these revolving loan program.
Keywords: 981, all
Summary: The House convened with a quorum, approved the journal from March 9, 2026, and made several announcements about committee meetings and visiting student groups. Members also moved out of order to consider Senate Joint Resolution 11, which designates a portion of U.S. Highway 34 in memory of Sergeant John Jack Thurman. Supportive remarks highlighted Thurman’s Marine Corps service at Iwo Jima and his later work in Colorado. The resolution passed unanimously, 61-0, with four excused. The chamber then took up third-reading bills. House Bill 1213, continuing the Biomass Utilization Grant Program, and House Bill 1185, continuing the Cold Case Task Force and updating its sunset review, both passed 61-0. Senate Bill 7, allowing terminally ill patients to use medical marijuana in health facilities, drew supportive remarks about patient choice and district support and passed 49-12 with four excused. House Bill 1137, concerning requirements for campaign consultants, prompted extended debate. Supporters argued it would address conflicts of interest and protect candidates from unethical consulting practices, while opponents said the issue should be handled by contract rather than law and warned against further regulation. The bill failed on third reading, 26-35, with four excused. The House then moved to Senate Bill 1 on housing policy; the transcript cuts off during debate, with concerns raised about housing shortages, vacancies, and the risk of a housing bubble.
NM

New Mexico 2026 Regular Session

Senate - Finance Jan 29th, 2026 at 09:05 am

Senate Finance

Transcript Highlights:
  • The other one is the child care revolving loan fund.
  • So when we set up that loan program...
  • “Low-interest loans to catch up with universal child care?
  • So when I was talking about the loan, I mentioned that it’s a low-interest loan, and then I said it’s
  • It is a revolving loan fund, so they’ll pay it back.
Keywords: 996, all
MN

Minnesota 2025-2026 Regular Session

February 2026 State Budget and Economic Forecast Presentation - 2/27/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • , credit cards, auto loans, and student loans.
  • ,<00:10:45.839> and loans, credit cards, auto loans, and loans, credit cards, auto loans,
  • <00:38:20.320> Is cards, auto loans, and student loans.
  • Is cards, auto loans, and student loans.
  • Auto loans and student loans. Pretty easy to explain.
Keywords: 1187, senate, all
US
Transcript Highlights:
  • SBA's programs, especially in the COVID-19 economic injury disaster loan or EIDL programs, kept their
  • These same problems plague many of SBA's loan programs as I highlighted during last month's hearing on
  • the 7a loan program.
  • Because I am worried that the 7A loan program could require an... appropriation if those defaults are
  • And I remember when we first got our 7A loan, and it transformed our business in ways that I mean it
Summary: The Committee on Small Business and Entrepreneurship convened to consider the nominations of Bill Briggs for Deputy Administrator of the SBA and Dr. Casey Mulligan for Chief Counsel for Advocacy. The discussions highlighted the critical role of the SBA in promoting small businesses, with emphasis on overcoming challenges posed by excessive regulations and the need for improved access to capital. Several committee members expressed their concerns over recent layoffs within the SBA and the closure of district offices, which they believe undermine support for small businesses across the nation. The committee meeting saw extensive dialogue about the implications of regulations on small business operations and how the nominees plan to address these issues if confirmed. Public support for the nominees was acknowledged through letters from various stakeholders who advocate for small business interests.
KY
Transcript Highlights:
  • processing loans at $430,000; and our beginning farmer loan program, which has made such an impact in
  • Tara mentioned we have over 900 loans for $126 million in loans on the books.
  • A majority of those loans, 70% or so, are beginning farmer loans that require a mentor.
  • <00:09:52.399> on 900 loans for $126 million in loans on 900 loans for $126 million in loans
  • are beginning farmer loans 70% or so, are beginning farmer loans that<00:09:57.440> require<00
Summary: The Tobacco Settlement Oversight Committee received a monthly report from the Kentucky Office of Agricultural Policy and the A Development Board/Finance Corporation. Staff reviewed May activity, including county council visits, loan and grant approvals, farm safety funding, and support for beginning farmers, agricultural infrastructure, processing, and county/state projects. The committee also recognized an intern and thanked Tara Roberts for her service as she prepares to leave the agency. Members were reminded about a June 20 anniversary event marking 25 years of the office and related programs. A major topic was K-CARD, the Kentucky Center for Agricultural and Rural Development. Staff explained that the program is being expanded to provide more technical assistance for beginning farmers and farm families, including help with business plans and estate planning/farm transition discussions. Members asked how farmers would access the service and were told the extension office would be the front-line contact, with K-CARD providing the technical assistance and neutral-site consultations. The committee also discussed support for large food animal veterinarians. Staff said the incentive program has helped more than 33 veterinarians and is intended to support existing providers rather than quickly increase numbers; members raised concerns about the pipeline and selection process at Auburn University, and staff said discussions with the university were ongoing. The committee then heard from Community Farm Alliance on Kentucky Double Dollars, Fresh Rx for Moms, and farmers market support programs. CFA reported expansion to roadside stands, more retail onboarding, seven new counties, and estimated economic and farmgate impacts, emphasizing that state funding helps leverage federal and private dollars and stabilize local food access programs. No formal votes or legislative actions were taken beyond approving the May minutes.
WV
Transcript Highlights:
  • They include addressing access to unused or underutilized public school buildings, developing direct loan
  • and revolving loan programs or loan guarantee programs, developing credit enhancement or moral obligation
  • In West Virginia, that would look like a low-interest revolving loan program and a credit enhancement
  • They typically call it loan insurance in their standard practice. ...credit enhancement expertise.
  • They typically call it loan insurance in their standard practice, but it is the exact same programs that
Keywords: 994, senate, all
Summary: The committee first heard a presentation from Tom Franta, founding executive director of the Mountaineer Charter School Alliance. He described the new nonprofit’s goals of supporting West Virginia charter schools through advocacy, legal and compliance assistance, shared operational services, professional development, communications, and network-building. Franta emphasized that charter schools face major facility and financing challenges, and he urged use of existing public buildings, low-interest revolving loans, credit enhancement tools through the West Virginia Economic Development Authority, and federal matching funds to help level the playing field for charter schools, including both brick-and-mortar and virtual schools. Members asked about what he meant by “level the playing field,” and Franta said charter schools receive 99% of basic state aid but lack access to the full range of public education funding and dedicated facilities support, forcing them to divert dollars toward buildings rather than classrooms. He said the goal is to ensure parents choosing a public charter option can expect appropriate funding. After the presentation, the chair announced Senate Bill 171 was removed from the day’s agenda. The committee then considered Senate Bill 166, which creates an exception to West Virginia Invest grant eligibility so individuals who already have a post-secondary degree may still receive support if pursuing an associate degree or certificate in emergency medical services. The committee reported the bill to the full Senate with a recommendation that it do pass, and under the original double committee reference, first be referred to the Finance Committee. Next, the committee took up Senate Bill 428, with a committee substitute that splits the bus operator title into three pay grades based on years of service and raises the cafeteria manager title from pay grade D to E. Senators asked whether duties would change; counsel and the sponsor said the bill is intended as a retention incentive, with no change in responsibilities, and that the fiscal note would remain the same. The committee adopted the committee substitute and then reported the bill to the full Senate with a do-pass recommendation, again first referring it to the Finance Committee. The meeting then adjourned.