Video & Transcript : 'capital assets' :

Page 70 of 500
MO

Missouri 2026 Regular Session

Special Committee on Intergovernmental Affairs Jan 20th, 2026 at 10:00 am

Special Committee on Intergovernmental Affairs

Transcript Highlights:
  • I did take a little bit of time and go look at how security is handled in other capitals, and I'm wondering
  • It seems like a lot of other capitals, ...or at least a number of other capitals, have units within either
  • I hate taking away assets and property for MoDOT.
  • which is going to cause great damage and a demise of parking and having citizens come to our state capital
  • I hate taking away property and assets of MoDOT.
ND
Transcript Highlights:
  • The capital projects levy allows 10 mills, up to 20 mills, The capital projects levy allows 10 mills,
  • set it aside in a capital project fund, not the levy fund, a capital project fund designated for a specific
  • So the levy limitations under the capital projects levy and the requirement, Under the capital projects
  • Capital project fund. So that's that background.
  • And so that's a pretty substantial ongoing capital investment.
Summary: The committee met to review its interim schedule and then focused on a referral regarding political subdivision compliance with state law, especially levy limitations and reserve levels. State Auditor Josh Gallion explained the audit process, the Yellow Book standards, and key statutes governing political subdivisions, including the 75% cash reserve cap and mill levy limits. He said the auditor’s office has limited authority to force compliance, has only stepped in a couple of times to resume audits for fiscal irregularities, and is constrained by staffing shortages and a backlog of local government audits. Gallion used Stark County and Mountrail County as examples to show how reserve calculations affect levy decisions. He said Stark County’s 2023 general fund levy calculation should have been zero under the statute, but the county still levied mills, while Mountrail County had recently reduced or eliminated some county levies after building large reserves. Stark County Commission Chair Neil Messer responded that the county chose not to move excess funds into a capital projects fund because it wanted flexibility for future projects and emergencies, and said the county has since reduced its levy and committed reserves to major projects such as road work, a regional airport, and public safety facilities. Committee members questioned whether penalties should apply to auditors or elected officials and whether the statutes should be updated to reflect current revenue conditions. Association of Counties director Linda Svihovec and League of Cities director Matt Gardner both said they have been heavily training local officials on the new 3% property tax cap and reserve rules. Svihovec said the association has held dozens of training sessions and that the standard worksheets used statewide are designed to help counties comply; she suggested that a possible enforcement tool could be requiring an affidavit from taxing districts certifying compliance with the cap. Gardner said city auditors receive required training through the League of Cities and that he was unaware of any cities currently out of compliance. The committee took no formal action and indicated it would continue the discussion at its September 29 meeting, with members asked to review the legislative council memo on possible enforcement mechanisms and statutory changes.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Ways and Means Mar 9th, 2026

Joint Committee on Ways and Means

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

Massachusetts 2025-2026 Regular Session

Senate Session (Full Formal with Calendar) Feb 26th, 2026

Massachusetts Senate Floor Meeting

Transcript Highlights:
  • This very smart amendment allows that the Division of Capital Asset and Management and Maintenance is
  • This very smart amendment allows that the Division of Capital Asset and Management and Maintenance is
  • This would allow for $12 million to be expended for capital construction, renovation, restoration, and
  • It also segregates $125 million for the tasks that I just made reference to with regard to the capital
  • This For capital improvements to our public higher educational institutions.
Summary: The Senate considered and amended House 4769, a major higher education bond bill titled an act to build resilient infrastructure to generate higher education transformation (the BRIGHT Act). Members adopted a series of amendments funding deferred maintenance and capital projects at public colleges and universities, including MassBay Community College (HVAC and window replacement), Massachusetts Maritime Academy, Springfield Technical Community College, Cape Cod Community College, Worcester State University, Quinsigamond Community College, Roxbury Community College, UMass Boston, Middlesex Community College, Salem State University, Berkshire Community College, and MCLA. Several amendments were rejected, including proposals related to a sustainable hand hygiene program, board membership, and some other institutional or policy changes, while a number of amendments were held or withdrawn. The bill ultimately advanced through third reading and was passed to be engrossed by a unanimous roll call, with senators emphasizing the need to address deferred maintenance and modernize higher education facilities statewide. A major floor debate centered on an amendment by Senator Tarr to dedicate $300 million of Fair Share surtax revenue to K-12 education. Supporters argued that many school districts face rising costs, minimum aid, and an outdated Chapter 70 formula, and that the amendment would create a marker for future reform. Opponents said the Commonwealth already dedicates substantial surtax and other funding to K-12 education and that the amendment was not the right vehicle. After a roll call, the amendment was rejected. The Senate also rejected several Tarr amendments on fiscal safeguards, equity analysis, bond covenant requirements, and Chapter 62F taxpayer protections, while adopting others related to UMass Gloucester Marine Station housing and coastal erosion work, and to modernizing Massachusetts State College Building Authority bonding and office-location rules. The chamber also adopted a motion to adjourn in memory of Bolton Police Chief Luke Hamburger, who was remembered for his service, leadership, and community ties. Before adjournment, senators took brief statements on other issues, including a call for greater awareness of rare diseases and the need for improved access to diagnosis and treatment. The Senate also approved extension orders giving committees additional time to report on pending environmental and municipal bills, and it set its next meeting for Monday at 11:00 a.m.
CA
Transcript Highlights:
  • , our highest expected return net of fees from an asset class perspective is private equity.
  • So, net of those fees, it's the highest-returning asset class."
  • I'm going to be speaking on the capital outlay side.
  • We haven't seen a BCP in three years regarding capital outlay support. That's concerning to us.
  • And it's hard to do without the capital outlay support BCP.
Summary: The Senate Budget Subcommittee No. 5 held an informational hearing on the Governor’s May Revision proposals for labor, public safety/judiciary, and transportation, and no votes were taken. In Part A on labor, the Employment Development Department described funding for EDD Next document management work, updated UI loan interest costs, disability insurance and paid family leave benefit increases, WIOA adjustments, UI and school employee benefit changes, an EMT training reappropriation, and a technical correction tied to an EDD Next reversion. PERB discussed reduced funding requests for AB 288 due to litigation and a proposal to implement AB 1 covering legislative employees. DIR presented proposals for legal unit reclassifications, two major IT modernization projects, a new Cal/OSHA emerging technologies unit, a COIA reappropriation, and trailer bill language requiring electronic payment of employer assessments and removing a salary cap for the DWC administrative director. CalHR proposed consolidating employee assistance services into a statewide contract with enhanced support for first responders, and CalPERS and CalSTRS presented budget adjustments tied to investment costs, state contributions, and benefit overpayments. Members focused heavily on the unemployment insurance debt and interest payments, asking why the administration had no concrete plan to pay down principal. Finance and LAO explained that the state’s UI tax structure has long been insufficient and that any long-term solution would need to address both the outstanding federal loan and the structural imbalance in employer taxes. Questions also centered on EDD Next costs and timelines, with the chair asking for clearer long-term project cost estimates and Finance noting that future maintenance and operations costs will continue after implementation. On DIR’s emerging technologies unit, members asked whether it would address AI-driven workplace harms; DIR said the unit would focus on physical workplace safety issues involving AI, robotics, autonomous equipment, and related guardrails, while LAO noted broader labor-practice questions would likely fall outside Cal/OSHA’s scope. In the CalPERS discussion, members raised concerns about transparency in private equity and external management fees, while CalPERS said higher fees reflect a strategy of greater private-market and active-management exposure and are offset by higher net returns. Members urged more information on specific investments and future reporting. For CalSTRS, Finance presented routine contribution and overpayment adjustments, but members also raised broader transparency concerns that CalSTRS staff said they would follow up on separately. Public comment in Part A was dominated by strong support for an immigrant worker emergency relief fund, along with support for apprenticeship and workforce proposals and PERB staffing. The chair and members said they would follow up on where the immigrant relief proposal should be considered, noting it may belong in another policy area. The hearing then moved into Part B with an overview of Judicial Branch-related May Revision items, including court interpreter funding, appellate court security, workload cap changes, lactation room implementation delays, and a reduction to the state court facility construction backfill.
WA

Washington 2025-2026 Regular Session

Senate Local Government Jan 12th, 2026

Transcript Highlights:
  • So in terms of identifying local assets, we're encouraging communities to work with the local stakeholders
  • And again, working with these populations and identifying assets that matter to them most, you can then
  • And again, working with these populations and identifying assets that matter to them most, you can then
  • With these populations and identifying assets that matter to them most, you can then decide what are
  • It's the plan itself, of course, but there's other things that come along with it, including our capital
Summary: The Senate Local Government Committee held a work session to review implementation of recent housing, planning, and climate-related laws. Department of Commerce staff outlined the 2023 climate planning requirements under the Growth Management Act, including the climate resiliency sub-element for all jurisdictions and greenhouse gas reduction requirements for larger ones. They described Commerce’s guidance, the use of the University of Washington’s Resilient Washington tool and FEMA hazard mitigation resources, attention to overburdened communities through the Department of Health’s Environmental Health Disparities Map, and the climate policy explorer. Members asked about specific climate impacts, flood mapping, evacuation language access, and how environmental justice and local stakeholder input are incorporated. Commerce also said climate planning grants are being drawn down from Climate Commitment Act funding and should be sufficient through the 2029 deadline for remaining Puget Sound jurisdictions. Local government witnesses described their comprehensive plan updates and implementation challenges. Pierce County said its adopted plan was a major multi-year effort that retracted some urban growth area acreage, concentrated growth near transit, expanded middle housing and streamlined permitting, and created capacity for far more housing than its 32,000-unit growth target. County staff emphasized the difficulty of balancing rural protection, urban growth, transportation constraints, climate goals, and limited transit funding, and asked for more technical assistance. Redmond said its update leveraged light rail investments, added transit-oriented development, middle housing, planned actions, and climate resilience policies, but also required costly mid-course corrections from changing state laws and agency guidance. Redmond urged more regulatory stability, clearer statutes, and streamlined certification and accountability processes. Snohomish County said it is now in early implementation, focusing on translating adopted policy into regulations, aligning with new state housing and parking laws, and coordinating across departments and with cities; it stressed the need for clearer comp plan language, realistic timelines, and more staffing and coordination support. The committee also heard from the Washington chapter of the American Planning Association about inconsistencies in recent planning laws. APA identified three issues: the use of the undefined term “guidelines” in the design review statute, the use of “variance” in a middle housing/design review context where APA said “departure” would better fit the intended flexibility, and the lack of a cross-reference or definition for “administrative design review” in the subdivision statute. APA said these ambiguities can create confusion and delay in permit processing and offered to work with the legislature on technical fixes. Senators asked whether local codes already use “departure” and whether the proposed changes would conflict with current law; APA responded that many cities already use departure provisions and that the goal is to align the RCW with existing planning practice. The meeting ended without any votes or formal action.
US
Transcript Highlights:
  • And he flew B-52s, and we did a practice run over the state capital in Bismarck at about 50,000 feet,
  • And third, are you involved or do you have any assets in a blind trust?
  • management objectives for water users and further identifying and mapping our nation's own mineral assets
  • and energy assets. assets through the U.S.
  • Minerals Management plays a critical role in balancing multiple uses. recognizing the lands as a vital asset
DE

Delaware 2025-2026 Regular Session

House Natural Resources & Energy Committee Meeting Jun 24th, 2026

Natural Resources & Energy

Transcript Highlights:
  • I think it's lines like 136 through 145 where they talk about the non-mandatory capital spending.
  • Then all of a sudden, the same capital expenditures flip over to the mandatory category, The same capital
  • Downstairs, you have people debating a budget for the coming year, the capital budget.
  • Downstairs, you have people debating a budget for the coming year, the capital budget.
  • So if you have to cancel capital projects, that means fewer workers.
Bills: SB287
Summary: The House Natural Resources and Energy Committee met and considered three Senate bills. SB 287 with Senate Amendment 2, a DNREC cleanup bill on recycling, would tighten recycling collection rules for haulers and commercial generators, require multifamily recycling education, repurpose the Delaware Recycling Fund, and add annual reporting; after brief questions and no public comment, the committee motion to release did not initially receive enough votes, so the bill was circulated for signatures. SB 346, which would speed Environmental Appeals Board hearing and decision timelines so DNREC secretary decisions become final if deadlines are missed, drew support from the Nature Conservancy and also failed to get enough votes at the meeting, so it too was circulated for signatures. The committee then took up SB 326, a major utility-regulation bill sponsored by Senator Hanson and Representative Heffernan that would cap certain non-mandatory utility spending, limit interim rates, increase oversight and transparency, and streamline rate-setting. SB 326 generated extensive testimony and debate. Supporters, including the Public Advocate, Sierra Club, PSC staff, and some legislators, argued that Delmarva Power’s spending on non-mandatory infrastructure has risen far faster than inflation, that the company is a regulated monopoly, and that the bill would help restrain future delivery-rate increases without harming reliability because mandatory reliability, storm response, and vegetation management spending would remain allowed. Opponents, including Delmarva Power, business groups, contractors, labor representatives, and the Delaware Contractors Association, argued the cap would delay needed reliability and capacity projects, hurt economic development, reduce jobs, and interfere with utility planning; they also said supply costs, not distribution spending, are the main driver of recent bill increases. After public comment and additional questioning, the committee voted to release SB 326 on a split roll call, but because several members were absent the bill was also walked for additional signatures. The committee then adjourned.
ID

Idaho 2026 Regular Session

Jan 27th, 2026

Health and Welfare

Transcript Highlights:
  • presence here at the Capitol in particular this session, and it was unfortunately unable to... ...capital
  • carries no debt and maintains cash reserves equivalent to six to nine months of operating costs and a capital
  • expenditure reserve, as reflected in the assets chart.
  • Capital assets include our building and technology platform, while other assets include lease and other
NM

New Mexico 2026 Regular Session

Senate - Rules Feb 16th, 2026

Transcript Highlights:
  • the way that they can take care of stuff, last year I'll give you this: we were in a food fight in Capital
  • She supervises over a $400 million budget, manages 6.8 million square feet of state assets, and leads
  • appointed Director of the Facilities Management Division, overseeing the state's construction, leases, assets
  • Director of the Facilities Management Division, overseeing the state's construction leases, leases, assets
  • very honored and privileged to be here today with Anna and her family to really talk about her many assets
Summary: The committee first heard the nomination of Anna Silva to lead the General Services Department. Supporters, including the sponsor, former GSD officials, family members, the lieutenant governor, and other senators, praised her long career in GSD, her procurement and facilities management experience, and her work on e-procurement, veteran home construction, and other projects. Silva said her priorities would include stabilizing risk management positions for the transition to the next administration, ensuring continuity on construction projects, and protecting the department’s budget and operations. After questions and comments, the committee voted 7-0 to advance her nomination to full Senate confirmation. The committee then took up House Bill 96, which would create a working group to study establishing a New Mexico Space Commission to support the commercial space industry. The sponsor and witnesses argued the state already has strong space infrastructure and should remain competitive with other states. Senators expressed support, and a friendly amendment was adopted to add a Senate pro tem appointee to the working group. The amended bill received a due-pass recommendation. Next, the committee considered House Joint Resolution 5A, which would ask voters whether legislators should be paid based on median household income. The resolution received a due-pass recommendation. The committee also heard House Joint Memorial 3, which asks the Environment Department and Environmental Improvement Board to review the PFAS law passed the previous year in light of changing federal rules. The American Chemistry Council opposed the memorial, arguing it misstated aspects of the law and could complicate rulemaking, while the sponsor and Environment Department said the memorial was intended to help assess whether changes are needed. The memorial received a subcommittee due-pass recommendation, and the meeting adjourned.
NH

New Hampshire 2025 Regular Session

House Public Works and Highways (03/25/2025)

Transcript Highlights:
  • </c> normally hold money in the capital normally hold money in the capital budget<00:54:40.640><c> for
  • So, in the back of the capital budget.
  • ><c> a</c><00:58:52.640><c> number</c><00:58:52.799><c> of</c> capital budget, there's a number of capital
  • </c> appro prior approval or the capital appro prior approval or the capital should<01:08:18.319><c>
  • </c> should be prior approval of the capital should be prior approval of the capital project<01:08:21.000
Summary: The committee heard testimony on proposed improvements to the State Police gun range and related Public Works estimates. Department of Safety Commissioner Robert Quinn and Major Brendan Davy explained that the range is used for realistic, scenario-based training that includes vehicle work, movement, cover, elevation, and stress inoculation, and that it also supports requalification and special unit training for state, local, and federal partners. They said the current facility lacks running water, continuous power, and permanent restrooms, and that the PSTC range cannot accommodate rifles because its backstop is handgun-caliber only. Public Works Director Theodore Copper said the project estimate is $2.3 million, including $1.5 million for the building and site work plus soft costs, inflation, and design fees; he described the proposed building as basic, with office space, classrooms, restrooms, and HVAC. Committee members asked about the cost and scope, and Copper provided a breakdown of the estimate. The committee also heard from Commissioner Edelblute and Milford School District Superintendent Christy Misho regarding career and technical education capital funding. Edelblute urged the committee to include $10 million for the Milford CTE project, saying the district had reduced the scope after a prior bond vote and that the project would support high-demand workforce programs. Misho said Milford’s initial bond vote received 42 percent and the revised proposal received 56 percent, short of the 60 percent needed, but that the community still supports the project; she said the district plans to move forward with a CTE-only ballot and a smaller local bond. Committee members expressed concern about holding state funds for a project that has not yet won local approval, but said the request would be taken under advisement. In work session action, the committee corrected a prior vote on the Market Street Marine Terminal warehouse removal and office replacement project, increasing the appropriation by $353,300 to $1,973,300 and raising the agency subtotal to $4,155,300. The committee also accepted a motion to add $1.8 million for the community college system, including $1.3 million for critical maintenance and $500,000 for an energy management system. The committee then discussed a Fish and Game request for a $350,000 backhoe, with members debating whether it should be funded with general funds or other funds and whether the cost was excessive; no final objection was recorded in the portion provided. Later discussion also referenced the new parking garage project, with staff saying it is expected to be operational in March 2026 and fully completed by May or June 2026, with 409 spaces and a mix of assigned and open parking.
FL

Florida 2026 4th Special Session

House in Session Mar 9th, 2026

Florida House Floor Meeting

Transcript Highlights:
  • Yes, we can't buy capital improvements like boats and trucks and things like that, assets.
  • It prohibits unnecessary capital purchases. It includes a sunset. Revenue.
  • It prohibits unnecessary capital purchases.
  • Better data leads to better planning, better stewardship of taxpayer assets, and better decision-making
  • We keep pushing them to eliminate their assets, to just shrink them and make decisions for them, when
Summary: The House convened with prayer, a moment of silence for former Lee County Judge John Carlin, the Pledge of Allegiance, and recognition of FSU Police Officer Cody Popple for stopping the April campus shooter. The Speaker then outlined the final week of session, noting the House had passed 253 House bills and 149 Senate bills to date, but that the 2026-27 budget would not be completed this week. The chamber also adopted the Rules and Ethics Committee’s special order report for the day. The House took up several Senate bills on special order, largely technical or open-government measures, and passed them with little or no opposition. These included SB 100, SB 104, and SB 102 on the Florida Statutes and revisor’s changes; SB 7006, SB 7014, SB 7002, SB 7012, SB 7024, SB 7016, SB 7026, SB 7008, SB 7000, and SB 7004, which extended or preserved various public-records and meeting exemptions for matters such as Public Service Commission proprietary information, social media investigations, military affairs, highway safety records, cybersecurity, emergency shelter contact information, conviction integrity units, and trade secrets. Most passed overwhelmingly, though SB 7006 drew 99-8, SB 7022 on public records for exam integrity passed 101-8 after questions about testing materials and scoring rubrics, and SB 7026 on trade secrets passed 106-3. The most substantive floor debate centered on SB 7040, which recreates the emergency preparedness and response trust fund in the Executive Office of the Governor. Rep. Eskamani offered an amendment to let the fund expire, arguing the money had become a “slush fund” and had been used for the Everglades detention facility rather than emergencies; several members supported her on fiscal and separation-of-powers grounds, while others said the fund is needed for rapid disaster response. The House rejected Eskamani’s amendment and then adopted a Griffiths strike-all amendment adding accountability measures, including spending limits, quarterly reporting, asset tracking, and a sunset/review provision. SB 7040 then passed 82-25. The chamber also passed CS/CS SB 302 on coastal resiliency, CS/CS SB 984 on firefighter cancer benefits, CS SB 474 on military affairs, and SB 488 on Highway Safety and Motor Vehicles, which prompted extended questions about vehicle registration requirements, license plate frames, and foreign passport/I-94 documentation; the bill was still under amendment and debate when the transcript ended.
FL

Florida 2026 Regular Session

FL House Floor Session - 2026-03-09 (1:00PM Session)

Florida House Floor Meeting

Transcript Highlights:
  • Yes, we can't buy capital improvements like boats and trucks and things like that, assets.
  • Yes, we can't buy capital improvements like boats and trucks and things like that, assets.
  • It prohibits unnecessary capital purchases. It includes a sunset. Revenue.
  • It prohibits unnecessary capital purchases.
  • We keep pushing them to eliminate their assets, to just shrink them, and make decisions for them when
DE

Delaware 2025-2026 Regular Session

Senate Banking, Business, Insurance & Technology Committee Meeting Jun 24th, 2026

Banking, Business, Insurance & Technology

Transcript Highlights:
  • , do not verify the identity of the recipient, and provide no details on the receipt of where the assets
  • just recently, this body modernized that by dealing with stablecoin, virtual currency, and digital assets
  • The individual perpetrating these scams fully capitalized on the lack of rules and regulations in the
  • The individual perpetrating these scams fully capitalized on the lack of rules and regulations in the
  • If the perpetrators cannot be identified or are outside the United States, or assets cannot be returned
Bills: HB373
Summary: The Senate Banking, Business, Insurance & Technology Committee met in hybrid format and heard testimony on several bills. HB 373, as amended, would regulate hemp-derived THC-infused beverages by defining the products, limiting them to 10 mg of Delta-9 THC per container, restricting sales to package stores and licensed marijuana retail stores, requiring testing and labeling, and imposing a 50-cent per container tax; the sponsor said the bill is intended to create guardrails and protect youth, and a wholesaler representative testified in support. HB 398 would allow racinos to serve alcohol until 2 a.m. and remove local authority to require earlier closing times; the sponsor and Bally’s representative said it would help Delaware remain competitive and increase revenue, and no opposition was heard. HB 433 would let municipalities and counties extend last call for bars, restaurants, and clubs from 1 a.m. to 2 a.m.; a witness from Connect Delaware supported it as a competitiveness and retention measure, emphasizing that it is permissive rather than mandatory. The committee also heard extensive testimony on HB 441, which would ban cryptocurrency kiosks/crypto ATMs in Delaware and require existing machines to be removed within 90 days. The sponsor and supporters, including AARP, the Delaware Department of Justice, and the League of Women Voters, argued the machines are heavily used in scams, especially against older adults, and that regulation has not been effective. CoinFlip opposed the bill, saying it is a regulated operator, that the fraud statistics are overstated or incomplete, and that Delaware should instead adopt a regulatory framework and amendment. HB 465 would update the criminal code to formally define virtual currency and incorporate it into theft, money laundering, racketeering, and search-and-seizure provisions; the sponsor said it would align Delaware law with modern crypto-related crimes, and no opposition was presented. The committee then heard HB 467, which would prevent landlords from requiring renters to buy insurance from a specific company while still allowing them to require coverage meeting lease terms; the sponsor described it as a consumer-choice bill and there was no public opposition. HB 435 would require payment parity for certified registered nurse anesthetists and physicians when the same services are provided; the sponsor, nurse anesthetists, the Delaware Health Care Association, the Department of Insurance, and ChristianaCare supported it as a workforce and access-to-care measure, with no opposition. Finally, HS 1 for HB 450, the Road DE Act, would overhaul permitting and traffic-impact review, emphasize peak-hour traffic, set density standards in growth areas, create a transportation impact fee, and direct some revenue to open space, farmland, and coastal restoration; realtors, builders, environmental groups, engineers, and GEAR supported it as a way to speed permitting, reduce sprawl, and improve infrastructure planning. The committee adjourned after public comment; no votes were recorded in the transcript.
NM

New Mexico 2026 Regular Session

Senate - Rules Feb 9th, 2026

House Rules & Order Of Business

Transcript Highlights:
  • to we are managing the residence through the committee, for the maintenance, for the disposal of assets
  • to we are managing the residents through the committee, for the maintenance, for the disposal of assets
  • But right. disposal of assets for any type of remodels.
  • That's the capital building repair fund.
  • I just would have figured this, my personal, when we do something in the capital, we try to look at it
Bills: SB238 , HJR1 , SM21 , SM22
Summary: The committee first heard Senate Bill 238, which would rename the governor’s residence advisory commission as a governor’s residence management committee and clarify its duties, membership, and authority over furnishings, maintenance, inventories, and hospitality functions at the governor’s residence. Senator Worth and Secretary Designate Anna Silva said the change was needed to remove ambiguity during the transition to a new administration and to improve transparency around the residence, the General Services Department fund, and the separate Mansion Foundation fundraising role. Several senators questioned whether the bill concentrated too much authority in the governor and whether it could enable a large renovation project without sufficient legislative oversight; supporters said major renovations would still require legislative appropriations. The committee ultimately advanced the Senate Rules Committee substitute for SB 238 on a 5-2 vote. The committee then approved House Joint Resolution 1, which would create bipartisan nominating commissions to vet and recommend university and special school regents to the governor, rather than leaving appointments entirely to the governor’s discretion. Senator Steinborn said the resolution would improve qualifications and reduce conflicts of interest, including by changing the student regent selection process. After brief discussion about party-affiliation restrictions, the resolution received a due pass with no objection. Two memorials followed. Senate Memorial 21, presented by Senator Stephanics for Senator Bergman, calls for a Department of Health study of overdose prevention tools, including overdose prevention centers and other harm-reduction strategies, in response to New Mexico’s high and rising overdose death rates. Supporters cited rural access challenges and the need to explore all available tools; one senator asked for more accurate county and demographic data in the memorial’s background. The committee gave SM 21 a due pass. Senate Memorial 22, presented by Senator Charlie and the New Mexico Coalition Against Domestic Violence, asks the Legislative Finance Committee to convene a working group to map how domestic-violence funding flows through CYFD and related agencies, with an emphasis on transparency, accountability, and provider input. Witnesses said funding streams are fragmented and sometimes unclear, and senators discussed whether the work should remain within CYFD or be overseen elsewhere. The committee also gave SM 22 a due pass. The chair then announced that the committee would hear SB 264 and SB 261 at its next meeting and recessed.
ID

Idaho 2026 Regular Session

Jan 27th, 2026

Commerce and Human Resources

Transcript Highlights:
  • no debt and maintains cash reserves equal to six to nine months of our operating expenses, and a capital
  • expenditure reserve is reflected in the assets chart.
  • Capital assets include our building and our technology platform, while other assets include lease and
CA

California 2025-2026 Regular Session

Senate Insurance Committee Apr 22nd, 2026

Insurance

Transcript Highlights:
  • and regulations, improper claims practices, inaccurate financial reporting, failures to safeguard assets
  • Another example is that an insurer has failed to take action to safeguard its assets by utilizing an
  • This creates a risky situation for policyholders because assets may be overstated or liabilities may
  • Some companies have the capital to responsibly grow and ride additional homes. Others do not.
  • That's the difference between capitalism and communism, frankly.
Committee: Senate Insurance
Summary: The committee heard testimony on several insurance-related bills. SB 1209 by Senator Allen, sponsored by Insurance Commissioner Ricardo Lara, would give the Department of Insurance stronger enforcement tools when insurers fail to implement corrective actions identified in market conduct or financial examinations. Supporters said the bill would close gaps that allow repeated violations, improve solvency oversight, and protect policyholders; opponents argued CDI already has broad authority and raised concerns about duplicative penalties, due process, and the bill’s scope. Members discussed amendments to limit the bill to legal violations rather than recommendations, apply penalties per exam rather than per policy, and clarify accounting language. The committee voted to send SB 1209 to Appropriations, with the bill placed on call after a roll vote that included one no vote from Senator Niello. The committee also considered SB 1301, which would require more detailed non-renewal notices for residential property insurance, give policyholders time and information to address correctable issues, and restrict certain non-renewal reasons such as claims below deductible or not covered by the policy. Support came from homeowners, fire survivors, and consumer groups who said notices are often vague and leave families unable to keep coverage; insurers opposed the bill, warning that California’s notice period is already among the longest in the country and that the bill could worsen availability and add burdensome reporting requirements. The author said he was willing to reduce the notice period from 180 days to about three months and work on a mitigation-based process. The committee passed the bill to Appropriations, with Senator Niello voting no and the item placed on call. SB 1026 by Senator Gonzalez would tighten regulation of bail fugitive recovery agents by allowing the Department of Insurance to suspend or revoke licenses without a criminal conviction, adding conduct restrictions, and requiring continuous liability coverage and proper appointment notices. Supporters, including Commissioner Lara, said the bill addresses serious misconduct and loopholes that have led to unsafe conduct and weak oversight. Bail industry representatives and crime victims’ advocates opposed the measure, arguing that the required insurance coverage is unavailable or unlawful as written, that the bill would be hard to comply with, and that it could reduce the number of recovery agents and delay justice. The committee moved SB 1026 to Appropriations, with Senator Niello voting no and the bill placed on call. The committee then heard SB 982 by Senator Wiener, the Affordable Insurance and Recovery Act, which would authorize the Attorney General to sue fossil fuel companies to recover costs tied to climate disasters and insurance losses, with supporters framing it as a way to shift some climate-related costs away from policyholders and taxpayers. The author said amendments would remove retroactivity and delay liability until 2032, while supporters from flood and wildfire survivor groups and climate organizations said the bill would help fund recovery and stabilize insurance costs. Opponents from industry and building trades argued the bill was legally vulnerable, would create a de facto tax or liability scheme, and could harm jobs, energy production, and affordability. Testimony on SB 982 was extensive, but the transcript ends before any committee vote or final action on that bill.
NH

New Hampshire 2026 Regular Session

House Judiciary (01/14/2026)

Judiciary

Transcript Highlights:
  • </c><01:24:21.840><c> Capital</c><01:24:22.240><c> flows</c><01:24:22.640><c> towards</c> capital flows
  • Capital flows towards capital flows in.
  • Um, back in 2017, their digital assets.
  • </c> full digital ownership of your assets full digital ownership of your assets and<03:32:18.880><c>
  • For me, the crypto and digital assets.
Committee: House Judiciary
Summary: The Judiciary Committee opened a hearing on House Bill 1067-FN, which would formalize and expand mental health courts in New Hampshire and create a grant-based funding structure for them. Representative Mark Pearson, the prime sponsor, described the bill as a bipartisan, compassionate, and cost-effective approach that would connect people with mental illness to treatment and supervision instead of incarceration, while still holding them accountable. He said the proposal was developed with input from the judicial branch, law enforcement, corrections, mental health organizations, and others, and emphasized that local courts could tailor programs to their needs. Committee members questioned the bill’s fiscal note, whether the legislature had previously studied the issue, how the program would be funded, and whether the bill should more explicitly address treatment, prevention, and data collection. Representative Buzz Sher, who helped develop the bill, explained how mental health courts work, including referral, clinical and public-safety assessments, case management, goal-setting, and graduation from the program. He said existing New Hampshire mental health courts are mostly partial and county-funded, and that the bill would formalize them, set standards, and allow grant funding. He also cited data from Georgia and New Hampshire suggesting significant savings from reduced incarceration and related costs. Members also raised concerns about due process, whether people not formally charged could be swept into the system, and whether individuals with violent offenses or domestic violence histories could be diverted inappropriately. Sher responded that only people already in the criminal justice process are eligible and that courts use safety assessments to screen out most violent cases. The committee requested that Sher file supporting financial data from other jurisdictions, and he agreed to do so. No vote or final action was taken during the hearing.
CA

California 2025-2026 Regular Session

Assembly Budget Committee Jun 25th, 2025

Transcript Highlights:
  • Effective January 1, 2026, the bill reinstates the Medi-Cal asset limit at $130,000 for an individual
  • The bill reinstates the Medi-Cal asset limit at $130,000 for an individual and $65,000 for each additional
  • It also includes an appropriation for Caltrans to begin up to $20 million in Olympics-related capital
  • work in 2025-26 if capital needs are identified.
  • Ambulance bases are reconsidering the positioning of their assets because it’s been almost two years
Summary: The Assembly Budget Committee held an informational hearing on the final three-party budget agreement and related trailer bills, with the Department of Finance outlining the major budget bill and omnibus measures. Finance described a package built around balancing the state budget amid economic uncertainty, preserving core health and safety-net programs, and making significant ongoing reductions in some state programs. The budget bill included major items such as shifting $1 billion from the General Fund to the Greenhouse Gas Reduction Fund for Cal Fire, funding universal transitional kindergarten, deferring some UC and CSU funding, supporting foster care and homelessness programs, providing Proposition 36 implementation funding, and achieving Medi-Cal savings through changes to benefits and eligibility. The committee also heard that votes on the budget bills were expected later in the week and the following Monday. Finance then walked through the trailer bills, including health, human services, early learning, education, resources, energy, transportation, labor, housing, tax, public safety, courts, general government, cannabis, and energy-related measures. Notable provisions included a Medi-Cal enrollment freeze for certain adults, new premiums and benefit changes for some immigrants, child care COLA changes, education funding for literacy, teacher support, universal meals, and community college student support, as well as resource and climate measures affecting Cal Fire staffing and energy permitting. The housing trailer bill drew the most discussion, with provisions on CEQA streamlining, a vehicle miles traveled mitigation banking program, a renters’ credit trigger, and a six-year moratorium on new residential building standards. Members also discussed a film tax credit expansion, cannabis enforcement funding, a tribal police pilot program, and changes to tax policy, including military retirement income exclusions and wildfire settlement payment exclusions. Committee members largely praised the staff and the budget process, but several raised concerns and asked detailed questions, especially about the housing trailer bill’s new wage standards, tribal consultation provisions, and possible effects on prevailing wage protections. Finance explained that the housing language was intended to set wage floors for market-rate projects receiving CEQA streamlining, with different county-based tiers and a notwithstanding clause preserving existing prevailing wage laws. Members also questioned the size and timing of funding for the Children and Youth Behavioral Health Initiative, Clean Cars for All, Proposition 36, and the film tax credit expansion. Other members highlighted support for public safety, veterans’ tax relief, child care providers, housing production, and higher education, while some expressed concern that the budget’s policy changes were being negotiated too quickly or without enough stakeholder input.
HI

Hawaii 2025 Regular Session

HWN-WTL Public Hearing 02-11-2025

Hawaiian Affairs

Transcript Highlights:
  • I've not noticed. the capital but we didn't have time to the capital but we didn't have time to understand
  • They meet to discuss capital improvement projects.
  • But it's interesting because the 2005 Facilities Asset Management evaluation that was prepared, shared
  • uh facilities Asset Management um evaluation<00:35:56.920><c> that</c><00:35:57.079><c> was</c><00:35
  • in the years to come that we capital in the years to come that we have<00:48:22.240><c> mana</c><00:
Summary: The joint hearing focused on Senate Bill 4, which would transfer stewardship of Mauna ʻAla from the Department of Land and Natural Resources to the Office of Hawaiian Affairs. Committee chairs opened the meeting with housekeeping and noted the hearing was live-streamed, with a two-minute limit for testimony. Director Don Chang of the Board of Land and Natural Resources said DLNR had been working with OHA and had agreed to transfer certain lands subject to due diligence, including Kahana Valley and a parcel in Waimānalo, but urged the committee to finalize those mutually agreed parcels before taking on something new. He also described the current arrangement at Mauna ʻAla as a collaborative one involving the state and the royal trusts, with the state handling routine maintenance and the trusts contributing to larger repairs and improvements on a project-by-project basis rather than through direct annual appropriations. Testimony was mixed. Supporters argued that OHA is better positioned to steward the site because of its cultural mission, Native Hawaiian governance, and ability to protect sacred places with greater cultural competency and accountability. Several speakers emphasized that Mauna ʻAla is not a state park and should be cared for by those with direct cultural ties and experience, and some cited OHA’s recent financial reforms and partnerships as reasons for confidence. Others, including representatives of the Daughters and Sons of the Hawaiian Warriors Makakoa, opposed the bill, citing concerns about OHA’s past financial management, transparency, and the need for more public information and testimony before any transfer. One testifier also argued the land transfer itself was unlawful and rooted in the history of the overthrow and annexation. Members and testifiers also discussed the historical role of the royal trusts and family caretakers at Mauna ʻAla, with one descendant describing a long family stewardship and supporting OHA only if amended language preserved checks and balances and protected iwi and burial grounds. Another speaker said the family recognized James Mayo as kahu of Mauna ʻAla and supported the bill because prior DLNR efforts had not sufficiently protected traditional and customary rights. The hearing ended after public testimony and committee questions, with no vote or final action taken in the portion provided.