Video & Transcript Research : 'finance'
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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.
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.
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.
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.
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.
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.
AZ
Transcript Highlights:
- Finance. SB 1579 appropriations, law enforcement records management.
- SB 1638, conformity, Internal Revenue Code deductions, Finance.
- SB 1509, campaign finance lobbyist reporting.
- Finance. SB 1630. SB 1629, behavioral health contracts, network adequacy. Finance.
- Finance. SB 1631, DCS sexual abuse allegations interviews. HHS.
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.
MN
Transcript Highlights:
- Tax increment financing is a, uh, financing tool that state law allows local governments to use.
- And any increment financing district.
- . financing. financing.
- financing bill for the city of Wayzata. financing bill for the city of Wayzata.
- /c><00:48:33.800>
department finance team in the finance department finance team in the finance
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance May 19th, 2026
Transcript Highlights:
- Alex Schope, Department of Finance.
- We’ll start with the Department of Finance. Phil Osborne, Department of Finance.
- I need to check with the Department of Finance. Yeah, our estimates... ...number from Finance?
- Paula, Finance.
- Kayla Lamb, Department of Finance.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance Mar 19th, 2025
Transcript Highlights:
- Justin Hearse with the Department of Finance.
- I'm Justin Hurst, Department of Finance.
- Alexandra Wildman, Department of Finance: Finance has been made aware that College of the Canyons withdrew
- Yes, Mike McGinnis, Department of Finance.
- Yes, Mike McGinnis, Department of Finance.
Summary:
The Assembly Budget Subcommittee on Education Finance held a hearing focused on California Community College budget proposals. Chair Alvarez opened by emphasizing the system’s role in access, transfer, workforce training, and serving more than 2 million students, while also noting persistent challenges in enrollment, persistence, transfer, and graduation. Public commenters and system representatives broadly supported COLA, enrollment growth funding, deferred maintenance, student support block grants, and additional flexibility for districts facing uncertainty.
The first major panel covered the student-centered funding formula, COLA, and enrollment growth. The Department of Finance said the Governor proposes a 2.43% COLA ($230.4 million) and 0.5% enrollment growth funding ($30.4 million). The LAO said the COLA was reasonable and recommended funding at least the proposed growth amount, citing uneven enrollment recovery and regional differences. The Chancellor’s Office supported both proposals and asked for additional changes, including using the greater of current-year or three-year average for apportionments and lifting the 10% local enrollment cap, arguing these would better fund growing districts. Members questioned how the formula works, whether SCFF is improving outcomes, and how much additional funding would be needed under different growth scenarios.
The committee then reviewed categorical program COLAs, Rising Scholars, career education proposals, IT proposals, and student housing. The Governor proposed a 2.43% COLA for selected categorical programs ($31.9 million). For Rising Scholars, the Governor proposed $30 million ongoing and removal of the cap on participating colleges; the LAO urged waiting for outcome data before doubling funding, while the Chancellor’s Office said the program is serving more students and supports equity for justice-impacted students. On career education, the Governor proposed $50 million for credit for prior learning and $50 million for a career passport; the LAO supported more reporting on credit for prior learning but recommended rejecting the career passport as too undefined, while the Chancellor’s Office supported both. On technology, the Governor proposed $162.5 million for a common cloud data platform and $168 million for a common ERP system; the LAO said both were premature or lacked sufficient planning and recommended rejection, while the Chancellor’s Office argued they would improve real-time data, security, and systemwide efficiency. The committee also heard an update on student housing: the administration said the 2024 shift to a lease-revenue bond model remains in progress for 13 approved projects, with 11 still active, and members asked about withdrawn projects and possible use of any returned funds. No votes were taken, and several items were held open for further discussion and May Revision updates.
MN
Minnesota 2025-2026 Regular Session
Senate and House Tax Policies Discussion Group - 05/06/26
Minnesota Senate Floor Meeting
Transcript Highlights:
- increment financing. increment financing.
- financing financing um, um, um, maybe<00:04:56.280>
I <00:04:56.480>I <00:04:56.600> - And of course, plus financing costs.
- <00:28:46.160>
75 <00:28:47.160>million percent to finance 75 million percent to finance - <00:32:00.880>
$45 <00:32:01.520>million to finance $45 million to finance $45 million
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.
MN
Minnesota 2025-2026 Regular Session
Committee on Energy, Utilities, Environment and Climate - 03/02/26
Energy, Utilities, Environment, and Climate
Transcript Highlights:
- Finance authority.
- We finance projects, not programs.
- Minnesota Climate Innovation Finance Minnesota Climate Innovation Finance Authority.
- and how we monitor about what we finance and how we monitor the<00:22:33.240>
financing, <00:22 - Finance<00:23:45.800>
authority. Finance authority. Finance authority.
NH
Transcript Highlights:
- of the state's business Finance of the state's business Finance Authority<00:11:55.279>
uh the cost of fuel for the cost of finance the cost of fuel for the cost of finance and<00:17:22.480- I'm not a finance guy; I'm an energy guy.
- I'm not a finance guy; I'm an energy guy.
- <00:17:25.959>
we're that can bring lowcost Finance we're that can bring lowcost Finance we're
MN
Transcript Highlights:
- either on the floor or in finance either on the floor or in finance if<00:22:00.240>
the < - Senate File 4531 is in finance.
- The amounts were adjusted finance.
- <00:35:53.680>
The file 1580 uh is also in finance. The file 1580 uh is also in finance. - more information on finance, not less. more information on finance, not less.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 6 on Public Safety May 19th, 2025
Transcript Highlights:
- Department of Finance? Perfect. back with the Department of Finance. Thank you.
- Henry Yang Department of Finance.
- Department of Finance? Hi, Kimberly Harbison, Department of Finance.
- Lester Warren of finance, any comments after that? Thank you, Lenny Shimoda Department of Finance.
- Department of Finance? Anti-translation Department of Finance.
VT
Vermont 2025-2026 Regular Session
Senate Session - 2026-03-20 - 11:00AM
Vermont Senate Floor Meeting
Transcript Highlights:
- so it's not getting sent to finance. so it's not getting sent to finance.
- Committee on Finance. Thank you, Mr. Committee on Finance. Thank you, Mr.
- as to why finance worked on this bill. as to why finance worked on this bill.
- Finance Committee did. Finance Committee did.
- Senate Finance will not meet. President. Senate Finance will not meet.
FL
Transcript Highlights:
- One carefully regulates the litigation financing activities for all litigation financing, and the second
- So if we look at the regulation of the 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.
Keywords:
public records, employee protection, Judicial Qualifications Commission, information exemption, confidentiality, chiropractic physician, chiropractor, patient trust funds, escrow, advance payments, prepaid treatment, trust account, fiduciary duty, patient property, Florida Statutes 460.413, Board of Chiropractic Medicine, disciplinary action, commingling of funds, client funds, medical billing
Summary:
The Senate Judiciary Committee met with a quorum present and first postponed SB 532. It then heard and approved SB 620, which requires candidates for federal, state, county, district, judicial, and school board office to disclose any citizenship other than U.S. citizenship. The bill drew one waiver in opposition from Common Cause and passed 8-0. The committee also heard SB 1396 on litigation financing consumer protection. Supporters said it would add transparency, limit funder control over litigation, and require disclosure of foreign entities involved in funding; opponents argued it would create strategic advantages for defendants and could burden plaintiffs. The bill passed 7-2. The committee later approved SB 192, repealing a $1,500 cap on patient funds held in trust by chiropractic physicians, and SB 888, extending limits on indemnity and insurance requirements for design professionals in private contracts; both passed unanimously among those voting.
The committee also approved several Judiciary-related measures. CS/SB 332, as amended, creates a narrow temporary public meetings/public records exemption for certain pre-suit Burt Harris litigation strategy discussions by local governments, and passed 7-0. SB 820, which strengthens quarterly reporting requirements for problem-solving courts, passed 10-0. SB 1500, implementing probate process recommendations to raise small-estate thresholds, clarify access to safe deposit boxes, and improve enforcement in uncontested probate, also passed 10-0. SB 144, creating a public records exemption for personal information of current and former Judicial Qualifications Commission employees and their families due to harassment concerns, passed 9-1.
The committee then approved CS/SB 1224, as amended, making it a third-degree felony to fraudulently obtain possession of a rental unit through false written statements, counterfeit documents, or impersonation; the bill passed 10-0. SB 1000, setting a floor and ceiling for interest rates on law firm trust accounts tied to the Wall Street Journal prime rate, passed 10-0 after testimony from banking and credit union representatives and support from Senate leadership. Finally, CS/SB 694, providing compensation to the descendants of the Groveland Four, was heard with emotional testimony from family members and advocates describing the wrongful convictions, killings, and decades-long effort for redress; an amendment specified equal shares for the four families, and the bill passed 10-0. Several members requested to be recorded as voting in the affirmative on specific bills before the committee adjourned.
MN
Minnesota 2025-2026 Regular Session
Committee on Housing and Homelessness Prevention - 03/17/26
Housing and Homelessness Prevention
Transcript Highlights:
- cost, or $16 million worth of bonds. financing. financing.
- , so we will be sending it to finance, so we will be sending it to finance.
- obstacle normally is financing. obstacle normally is financing.
- <00:33:43.040>
So, Housing Finance Agency. So, Housing Finance Agency. - <01:04:57.760>
We're does need to go to Finance. We're does need to go to Finance.