Video & Transcript Research : 'small modular reactors'

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NH

New Hampshire 2025 Regular Session

Senate Election Law and Municipal Affairs (04/01/2025)

Election Law and Municipal Affairs

Transcript Highlights:
  • The reason why I present this to you is because recently a small, very small newspaper was actually taken
  • I just know that we have a lot of small newspapers in New Hampshire, small mom-and-pop newspapers, and
  • <00:06:06.319> very you is because um recently a small very you is because um recently a small
  • just know that we have a lot of small just know that we have a lot of small newspapers<00:09:57.040
  • :59.200> mom newspapers in New Hampshire, small mom newspapers in New Hampshire, small mom and
Keywords: 1191, senate, all
MN

Minnesota 2025-2026 Regular Session

Committee on Energy, Utilities, Environment and Climate - 03/10/25

Energy, Utilities, Environment, and Climate

Transcript Highlights:
  • business and my to defend my small business and my competitors<00:36:36.079> small competitors
  • small competitors small businesses<00:36:38.760> now<00:36:38.880> let's<00:36:39.119>
  • I'd like to leave you just one small I'd like to leave you just one small example<00:46:30.280><
  • <01:09:50.560> farm a solar owner I live on a small farm a solar owner I live on a small farm
  • <01:13:50.960> scale and the residential small scale and the residential small scale facilities
Keywords: 1187, senate, all
NM

New Mexico 2025 Regular Session

House - Rural Development, Land Grants And Cultural Affairs Jan 23rd, 2025

House Rural Development, Land Grants And Cultural Affairs

Transcript Highlights:
  • So, there are large communities and small communities that make up that portfolio.
  • That's often too much for small systems, and that locks them out of a lot of funding.
  • We think that will be a game changer for the small systems in your communities.
  • folks like Arthur's and little small communities that...
  • Small businesses as well as local governments.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Environment and Natural Resources Jun 21st, 2026 at 01:00 pm

Joint Committee on Environment and Natural Resources

Transcript Highlights:
  • Is there an alternative to small packaged products?
  • Small businesses typically tend to resist a fee.
  • One small, seemingly insignificant step in addressing waste is paint stewardship, one small step that
  • We need to take this first small step urgently.
  • small step urgently.
Keywords: 995, all
Summary: The Joint Committee on Environment and Natural Resources held a heavily attended hybrid hearing focused primarily on plastics reduction bills, along with a few local and related waste-management measures. Chair Rauch and Chair Barber outlined strict testimony rules because of the large number of speakers. Before the plastics docket, the committee heard support for a local Sharon sewer-extension bill for a Sunrise Senior Living project, and the bill’s proponents said the project would help address senior housing needs and would still require MWRA and local approvals. The chairs also noted a separate local matter involving Sharon and the MWRA. A major portion of the hearing centered on the Plastics Reduction Act and related bills addressing single-use plastics, including plastic bags, polystyrene, black plastic, plastic beverage bottles, non-flushable wipes, skip-the-stuff provisions, and truth-in-labeling. Sponsors and supporters said the bills would reduce litter, microplastics, greenhouse gas emissions, and municipal waste costs, while creating statewide consistency and supporting environmental justice communities. Several speakers cited local bans already adopted by many Massachusetts cities and towns, and many urged the committee to advance comprehensive statewide action. The committee also heard testimony on a boat wrap recycling bill, a mattress recycling bill, and a bill to prohibit hotels from providing small plastic toiletries. Municipal officials and waste professionals supported extended producer responsibility for paint and labeling for non-flushable wipes, saying these measures would shift costs away from cities and towns and reduce strain on wastewater systems. The Massachusetts Municipal Association, Mayor Ruth Ann Fuller of Newton, and a Franklin County waste official all backed paint EPR and wipes labeling. Fire Chief Brian Nardelli testified for the Fire Chiefs Association in support of lithium-ion battery legislation, citing fire safety and disposal concerns. Other speakers, including environmental groups, local activists, and business representatives, supported bag and polystyrene bans, though the Retailers Association of Massachusetts urged any bag policy to be truly statewide and said any bag fee should be retained by retailers. No votes were taken during the hearing.
FL
Transcript Highlights:
  • So we have our state small business credit initiative.
  • So we have our State Small Business Credit Initiative.
  • We were able to support them with a small business loan.
  • They had a small presence in Orlando.
  • Do small business grants exist?
Summary: The committee heard two informational presentations: one from the Department of Commerce and one from the Florida Department of Transportation. Jason Mahon of Commerce outlined the state’s economic development strategy and tools, emphasizing Florida’s GDP growth, business formation, and strengths in manufacturing, high-tech, defense, life sciences, and international trade. He described programs such as the State Small Business Credit Initiative, the Rural Community Investment Program, the Florida Opportunity Fund, the Rural Infrastructure Fund, the Job Growth Grant Fund, performance-based tax credits, and disaster recovery loans, and cited examples including ServiceNow, Williams International, NeoCity, and Point Blank Enterprises. Members asked about small-business grants, foreign investment interest, workforce needs, and whether additional tools are needed; Mahon said most Commerce programs are loan-focused and noted ongoing workforce and site-readiness challenges. Jennifer Marshall of FDOT then reviewed major transportation projects and the Moving Florida Forward initiative, highlighting congestion relief, express lanes, bridge and interchange work, and accelerated delivery methods. She cited projects such as Golden Glades, I-95 improvements, the NASA Causeway Bridge, the DuPont Bridge, I-4 corridor work, the First Coast Expressway, the Howard Frankland Bridge, A1A seawall work, and Turnpike projects, along with examples of cost savings and schedule acceleration. Senators asked about how express lane locations are chosen, toll revenue use in South Florida, the status and cost of the I-395 downtown Miami project, and whether EV and rideshare access to express lanes should be preserved. FDOT said it would follow up on several of those questions, and the committee adjourned without taking any legislative action.
CA
Transcript Highlights:
  • What you're envisioning when you say protecting small businesses or small things?
  • But if you look at what the Small Business Administration would classify as a small business, that would
  • They're very small.
  • They're very small.
  • It's not some small little array.
Summary: The committee heard several labor-related bills, with AB 1424, AB 1340, AB 288, and AB 746 all advancing on due-pass motions to Appropriations after testimony and roll calls. AB 1424 would require climate resiliency and extreme-heat protections in CDCR facilities; supporters described dangerous heat conditions for incarcerated workers and staff, while no opposition testified. AB 1340 would allow rideshare drivers to unionize and collectively bargain; drivers, labor groups, and researchers testified that app-based work is low-paid and unstable, while TechNet, Uber, Lyft, and other business groups argued the bill conflicts with Proposition 22 and could raise costs. AB 288 would let PERB step in when federal labor remedies are unavailable; supporters said it is needed because of NLRB dysfunction, while the Chamber of Commerce raised preemption and enforcement concerns. AB 746 would create an inmate cooperative program and a green reentry reserve; supporters framed it as a recidivism-reduction and reentry strategy, and there was no opposition testimony. The committee also heard AB 858, which would extend hotel and hospitality worker recall rights after declared emergencies and extend existing COVID-era protections. Hospitality workers and unions supported the bill as a way to protect jobs after pandemics, wildfires, and other disasters, while hotel, chamber, retail, restaurant, trucking, travel, and attractions groups opposed it, saying the current recall rules were meant to sunset and that the bill would create broad liabilities and hiring complications. The bill was moved to Appropriations but remained on call after the roll. AB 291, creating a credentialed educator apprenticeship program to address teacher shortages and improve diversity, drew support from education groups and stakeholders who said apprenticeships could lower preparation costs and provide better support; it was also moved to Appropriations and placed on call. Later, the committee took up AB 1104, a solar-energy bill intended to clarify that private solar customers are not “awarding bodies” and to ease certain business-to-business solar transactions while preserving prevailing wage and apprenticeship requirements for contractors. Supporters said the current interpretation has chilled commercial solar adoption and harmed jobs, while opponents from electrical workers, PG&E, and others warned about expanded “over-the-fence” power sales and the need for clearer limits. Members questioned the lack of a definition of “small,” and the bill was held without a second. The committee also heard AB 338, which seeks $50 million for Los Angeles and Ventura wildfire workforce recovery; the author and county officials described major job loss and business destruction and said the funds would support displaced workers and rebuilding, with the testimony continuing beyond the excerpt provided.
NM

New Mexico 2025 Regular Session

House - Appropriations and Finance Jan 27th, 2025

House Appropriations & Finance

Transcript Highlights:
  • Again, as Chair Small said, we are in business unit 356. I would also like to.
  • One is to provide audit prep services to the small local public bodies.
  • ...to the small rural areas to prepare for their audits.
  • If they're small water districts, do you have a breakdown?
  • And just off the top of your head, are they mostly rural and small? They're mostly rural and small.
CA
Transcript Highlights:
  • This small fix will eliminate redundant filings and unnecessary fees, reduce administrative burdens for
  • Our coalition represents 1,000 organizations, small business groups, for-profit lenders, and nonprofit
  • Because increasingly small businesses are in way over their heads right now, in debt.
  • That is what's happening right now in small business finance. Research shows that.
  • and a product of a small business family.
Summary: The Assembly Banking and Finance Committee met as a subcommittee at first because a quorum was not yet present, then proceeded with bill presentations and later formal votes once enough members arrived. The chair reviewed committee procedures, including how to submit written testimony and rules for witnesses and conduct. The agenda included AB 771, AB 1507 on the consent calendar, and AB 1166. AB 771 by Assemblymember Massetto was presented as a technical fix to California’s Uniform Commercial Code. Supporters said it would allow a mortgage or deed of trust to serve as a fixture filing without requiring an exact match to the debtor’s ID, reducing duplicate filings, fees, and administrative burdens. There was no formal opposition, and the committee voted due pass. AB 1507 was then adopted on the consent calendar with a due pass recommendation. AB 1166 by Chair Valencia addressed debt settlement protections for small business commercial financing recipients by extending existing California debt settlement standards from consumer loans to business loans. Supporters, including the Responsible Business Lending Coalition and several financing providers, said the bill would curb harmful practices and align incentives, while still allowing debt settlement services. Members asked about the private right of action and statutory damages, and the bill was approved due pass. The committee later reopened the rolls for absent members, recorded additional aye votes, and adjourned after completing the agenda.
NV
Transcript Highlights:
  • Having met other women, although that population is small, I was moved to bring this bill.
  • But this allows our small businesses to open up additional locations throughout town.
  • I urge you to... the growth, the development of small businesses.
  • Support Nevada's small manufacturing businesses. Vote yes on AB 404. Thank you.
  • Other states have much more favorable laws supporting these small businesses.
Keywords: 909, all
MN

Minnesota 2025-2026 Regular Session

Committee on Jobs and Economic Development - 03/18/26

Jobs and Economic Development

Transcript Highlights:
  • I think we have something like 43 small manufacturers.
  • have something like 43 small have something like 43 small manufacturers.<00:37:18.920> So,
  • <00:37:46.080> manufacturing Minnesota's small manufacturing Minnesota's small manufacturing
  • achieve its mandate of serving small achieve its mandate of serving small companies<00:42:31.680
  • <00:59:02.600> towns, whole bunch of small towns, whole bunch of small towns, and<00:59:04.280
Keywords: 1187, senate, all
WA

Washington 2025-2026 Regular Session

Joint Oregon-Washington Legislative Action Committee Jun 12th, 2026

Joint Oregon-Washington Legislative Action Committee

Transcript Highlights:
  • There was really good small business participation.
  • There was really good small business participation.
  • There is a, there will be a small business goal on this program.
  • A little bit about the small business enterprise commitments.
  • and small vendors, you know, from the larger ones down to the very, very small ones.
Summary: The Joint Committee on Interstate 5 Bridge met remotely with Washington legislative members to receive updates on the Interstate Bridge Replacement Program, including environmental review, cost and funding, tolling, and procurement for construction. Program staff said the final supplemental environmental impact statement was published in April 2026, with a federal record of decision expected in early summer. They described the recommended design as a single-level fixed-span bridge, centered I-5 alignment, C Street ramps, one auxiliary lane in each direction, and dispersed park-and-ride parking. Members raised concerns about transparency, the closed chat function, and the decision not to include two auxiliary lanes; staff said the one-lane option was recommended through consultation with partner agencies and analysis, but the final decision would come with the record of decision. Staff also said the diversion analysis projected less than 3% traffic diversion to I-205 in 2045, though members from Oregon and Washington expressed concern about impacts to their communities and asked for more detail on mitigation and decision-making. The committee also reviewed a major cost update. Staff said the full five-mile program is now estimated at $13.5 billion to $15.2 billion, with a likely cost of $14.4 billion, up from a 2022 estimate of $5 billion to $7.5 billion, citing inflation, schedule delays, scope changes, and more detailed risk modeling. They said the first funded phase has been reduced to a $5.68 billion package focused on the Columbia River bridge replacement, connections to I-5, Hayden Island and SR-14, bridge demolition, tolling infrastructure, and advancing light rail design. Funding for that phase was described as $5.69 billion, including $2.1 billion federal funds, $1 billion from each state, and $1.5 billion in projected toll revenue. Members asked what would happen if costs rise further; staff said the estimate includes substantial contingency, the project will use progressive design-build to manage risk, and the team will continue updating the finance plan annually. A separate tolling and traffic-revenue presentation explained that four toll scenarios were analyzed using regional travel demand modeling, a toll diversion model, and a post-processing review. All scenarios assume pre-completion tolling beginning July 1, 2028, a 50% low-income discount for eligible users, and exemptions for tribal preemptions, emergency vehicles, maintenance vehicles, and organized militia. Staff said the low-income discount would affect about 4% to 6% of annual transactions and reduce annual revenues by roughly 2% to 3%. They said Scenario 2 was used for the financial analysis and is sufficient to support the $1.5 billion toll contribution in the funded phase. Members asked about toll collection costs, revenue impacts of the discount, and how the scenarios differed; staff said collection costs are expected to be in line with other WSDOT toll facilities, but exact costs are not yet set because toll rates are not final. Finally, WSDOT staff outlined procurement and delivery steps for construction. They said WSDOT will be the lead contracting agency, using progressive design-build, with a request for qualifications targeted for early July 2026, a request for proposals in October, contractor selection in April 2027, construction starting in 2028, and tolling beginning in 2028. Staff said the approach is intended to consolidate scope, reduce interface risk, and allow transparent negotiation with an independent cost estimator, while preserving an off-ramp if a fair price cannot be reached. Members asked for more detail on timing, cost allocation, and the share of the first phase funded by tolls; staff estimated tolls account for about 26% of the first phase cost.
CA

California 2025-2026 Regular Session

Assembly Banking and Finance Committee May 5th, 2025

Banking and Finance

Transcript Highlights:
  • This small fix will eliminate redundant filings and unnecessary fees, reduce administrative burdens for
  • Because increasingly, small businesses are in way over their heads right now in debt.
  • That is what's happening right now in small business finance.
  • So you're saying that a small business, if that business has been improperly treated, has a right to
  • and a product of a small business family.
Keywords: 988, house, all
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Advanced Information Technology, the Internet and Cybersecurity Jun 21st, 2026 at 01:00 pm

Joint Committee on Advanced Information Technology, the Internet and Cybersecurity

Transcript Highlights:
  • And so I'd like to talk about small business and, you know, see—I'm the real small business, yeah, yeah
  • And so I'd like to talk about are better for small business and so I'd like to talk about small business
  • business—true small business.
  • because the big data folks are hoovering up consumer data, harming small business, but also the small
  • I think every version has an exemption for true small businesses, so the consideration of small businesses
Keywords: 995, all
Summary: The committee hearing focused on a package of Massachusetts privacy and technology bills, especially measures to ban the sale of location data, establish a comprehensive consumer data privacy law, and regulate biometric recognition and surveillance pricing. Chairs and sponsors argued that self-regulation has failed, that data brokers and large tech companies routinely collect and monetize sensitive information, and that state action is needed because federal protections are weak or absent. Several speakers tied the bills to reproductive health, gender-affirming care, domestic violence, children’s data, and other sensitive uses of location and biometric information. Supporters included legislators and advocates who backed H. 86/S. 197 (Location Shield), H. 78/S. 45/H. 104/S. 29 (comprehensive privacy bills), H. 99/S. 47 (surveillance pricing in grocery stores), and H. 36/S. 36 (biometric recognition accountability). They emphasized data minimization, bans on selling sensitive data, consumer rights to access, delete, and opt out, and in some cases a private right of action. Several witnesses said Massachusetts should lead or align with other states, while others argued that stronger protections are needed because data can be weaponized by stalkers, anti-abortion actors, abusive partners, insurers, or law enforcement. Industry and coalition witnesses urged the committee to favor a more standardized, interoperable framework modeled on laws already adopted in other states, warning that novel definitions, data-minimization rules, and private rights of action could create compliance burdens, confusion, and costs for businesses, including small businesses. They argued that entity-level exemptions for sectors already covered by federal laws like HIPAA or GLBA promote consistency, and that Attorney General enforcement is preferable to private lawsuits. Committee members questioned witnesses on patchwork concerns, the scope of exemptions, and whether the proposed bills would harm or help consumers and small businesses. No votes or final actions were taken during the hearing; written testimony was noted as due later, and the committee continued taking testimony from multiple panels and virtual witnesses.
MN

Minnesota 2025 1st Special Session

House Capital Investment Committee 3/11/25

Capital Investment

Transcript Highlights:
  • The nice thing is the request is small.
  • the the the RO residents the small the the the RO residents the small communities<01:04:14.200><
  • our rural customers as well as our small our rural customers as well as our small cities<01:05:15.359
  • <01:31:33.960> town restore the water in true small town restore the water in true small town
  • kayakers and canoers along with uh small kayakers and canoers along with uh small and<01:36:50.360
ND
Transcript Highlights:
  • Jamie, so what constitutes a small institution factor?
  • So small institution factors is kind of a hold harmless placeholder.
  • So therefore, we go into the small institutional size factor.”
  • But I do go back to the small school factor.
  • There's a lot of representatives in those small schools, right?
Keywords: 908, all
Summary: The Higher Education Funding Committee met to discuss possible changes to North Dakota’s higher education funding formula, with a particular focus on separating the UND School of Medicine and Health Sciences MD program from the general formula. Dr. Jenkins outlined several options for the MD program, including a fixed-funding model, a hybrid model, or keeping it in the formula, and emphasized the need to preserve strong support for medical education while making future funding clearer. He also discussed efforts to increase the share of North Dakota students in the MD program through ND85, expanded recruiting, early acceptance pathways, MCAT prep, a four-plus-one program, and the Primary Care Accelerated Track, along with future cost pressures such as AI licensing and residency growth. The committee then reviewed a simplified funding model from the University System Office that would base funding more heavily on student FTE, credentials awarded, and a few incentive factors such as small institution and research adjustments. Members questioned the use of placeholder numbers, the lack of a clear methodology for the small institution and research factors, and whether the model would adequately account for differences among institutions, high-cost programs, and graduate education. Several members raised concerns that arbitrary factors would be hard to defend politically and could distort funding or create competition between schools, while others said the exercise was useful as a starting point for discussion. Alex presented a second alternative that kept the current SIP-code structure but increased CTE weighting, added a progressive economic size factor, and separated out the MD program. His model also added an on-campus face-to-face headcount component and a credentials component, with the intent of rewarding in-person enrollment and completions. Members questioned the use of headcount instead of FTE, how hybrid, online, dual-credit, and off-campus students would be treated, and why face-to-face enrollment was weighted more heavily than completion. No formal votes or final actions were taken; the committee instead continued discussion and asked members to provide direction on which elements, if any, should be developed further.
AZ
Transcript Highlights:
  • to small business owners and what's the percentage of Arizonans that work for small businesses?
  • Those small businesses bring in 85% of the new jobs in Arizona.
  • So if you're a small business or not, that helps.
  • For a small business, that is devastating to keep track of.
  • So think of the CPAs and the small businesses out there. That unfortunately, I..."
Keywords: 1182, all
Summary: The caucus focused on HB 2153, a tax conformity bill that would align Arizona statute with the Internal Revenue Code as of January 1, 2026, including retroactive provisions affecting tax year 2025. Staff explained that the bill excludes three federal provisions from H.R. 1: the additional $6,000 senior deduction, the increase in the state and local tax (SALT) deduction to $40,000, and the deduction for interest on new car loans. It also adds several Arizona-specific provisions, including a $6,000 deduction for certain retirement distributions for taxpayers age 65 or older, a $6,000 deduction for Roth IRA contributions, an increase in the dependent tax credit from $100 to $125, and a deduction for child and dependent care expenses above the federal credit. JLBC’s fiscal note was cited as a negative $441.3 million in year one, declining over the next two years. Chairman Livingston and other Republican members argued the bill was needed immediately because the Department of Revenue had already issued tentative forms assuming full conformity, creating confusion for taxpayers and businesses. They said the state needed a signed law as soon as possible to avoid amended returns, inconsistent filing rules, and uncertainty for small businesses. Livingston emphasized that the bill was intended to protect small businesses from having to keep two sets of books and said he was advising taxpayers not to file until the issue was resolved. Members also discussed the practical impact on small businesses, citing testimony that Arizona has about 700,000 small businesses employing well over a million people. Several exchanges clarified the difference between the governor’s November direction to the Department of Revenue and the bill before the committee. Staff explained that DOR normally assumes “simple conformity” and that the governor’s directive attempted to add “below-the-line” deductions through a worksheet, but that those items still require statutory authorization. Members said the governor’s action was confusing and characterized it as a press release rather than binding law. The committee also discussed the child care provisions, describing them as a federal-style deduction Arizona has not previously adopted and as one of the main new benefits in the bill. The caucus ended without a vote, and members were told the floor would begin at 10 a.m.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Tuesday, May 6, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • Speaker, this National Small Business Week, I rise to celebrate the small businesses that power Iowa
  • If our small thrive once again.
  • , I never lost that small business, I never lost that small business<00:47:33.839> mindset.
  • behalf of small businesses starts, Mr. behalf of small businesses starts, Mr.
  • And many small businesses may spending. And many small businesses may not<02:28:19.080> survive.
NM

New Mexico 2025 Regular Session

IC - New Mexico Finance Authority Oversight Jun 2nd, 2025

New Mexico Finance Authority Oversight Committee

Transcript Highlights:
  • It's got a lot of small print.
  • One is to actually do the planning for small systems, many.
  • That's a very small federal program.
  • And then lastly, the Small Business recovery loan fund.
  • So you see the realities of what these small, uh, areas, yeah.
NM

New Mexico 2026 Regular Session

Senate - Health and Public Affairs Feb 4th, 2026 at 06:25 pm

Senate Health & Public Affairs

Transcript Highlights:
  • SB 53 would also have a divesting impact on New Mexico's small businesses.
  • I'm a small business.
  • Why are we not holding them to the same standard as a small business owner?
  • small for-profit entities that have data on fewer than 15,000 New.
  • But small businesses, you're only giving them until the 1st of July.
Bills: SB20, SB53, SB86, SB96, SB129
KY
Transcript Highlights:
  • We had conversations about high-growth companies, small businesses.
  • high-growth companies, small businesses. high-growth companies, small businesses.
  • help I'll address the issue of small help I'll address the issue of small business.<00:42:37.080
  • of small business. of small business.
  • <00:44:04.320> business engaged in a lot of small business engaged in a lot of small business
Keywords: 958, all
Summary: The speaker outlined Kentucky’s economic development strategy and how the cabinet evaluates and awards incentives. He emphasized using national benchmarks such as Site Selection and Area Development magazines, focusing on real data, competitiveness, and performance-based incentives. He said the state is performing well nationally in investment rankings, and credited the legislature with providing tools that help attract and retain jobs, especially through speed to market, site readiness, transportation, and workforce coordination. A major portion of the remarks described the “anatomy” of an incentive package: first improving sites and infrastructure such as water, sewer, roads, and rail spurs; then using sales tax benefits for construction materials and equipment; then training support through the Bluegrass State Skills Corporation; and finally the Kentucky Business Incentive (KBI) program, which reimburses qualifying expenses from incremental tax revenue. He said incentives are negotiated, data-driven, and targeted toward companies with strong wage levels, training plans, growth potential, and, in some cases, agricultural benefits or industry leadership. He also noted special treatment for heritage communities and said the state has expanded KBI beyond heavy manufacturing to include R&D, headquarters, and service businesses. The speaker also described compliance and oversight. Incentive agreements are written with job, wage, investment, and community-benefit terms, and companies must file regular reports and invoices. Cash incentives can be clawed back if commitments are not met, while tax credits are tied to actual investment and job creation. He said the Revenue Cabinet and Environment and Energy Cabinet play important monitoring roles, and that projects go through application review and preliminary approval by the Kentucky Economic Development Finance Authority before final approval and payment. He closed by thanking legislators for their support and for allowing more flexible, capped, and data-driven incentive tools.