Video & Transcript Research : 'cost of borrowing'

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HI

Hawaii 2026 Regular Session

Senate Floor Session 02-10-2026 11:30am

Hawaii Senate Floor Meeting

Transcript Highlights:
  • <00:01:58.399> day<00:01:58.640> and journal of the preceding day and journal of the
  • > the<00:04:12.720> public<00:04:12.959> notice request of waiver of the public
  • notice request of waiver of the public notice requirement<00:04:13.840> pursuant<00:04:14.319>
  • closure of the state capital yesterday. closure of the state capital yesterday.
  • and this was also due to the closure of and this was also due to the closure of the<00:05:11.840
KY
Transcript Highlights:
  • plants to improve efficiency, reduce annual cost, and to ensure connectivity of the old and new.
  • , and to ensure connectivity annual cost, and to ensure connectivity of<00:08:34.840> the<00:08
  • The optimization work that will enable energy and cost savings will be complete in May of '28, and again
  • The lease will be for $38 a square foot, for an annual cost of $912,000 a year.
  • Funds were used to cover the cost of acquiring the land and building in Perry County.
Summary: The committee first approved the April 27 minutes and then received several informational reports, including University of Kentucky medical equipment purchases, UK’s use of $200 million in Ever funds for a public-private partnership, school district debt issuances, UK’s planned use of construction manager-at-risk delivery on five projects, Kentucky Communications Network Authority capital projects under House Bill 6, and 14 UK lease improvements. Members were told the House Bill 6 item was also being discussed in the Information Technology Oversight Committee and could return later if needed. The main action item was University of Kentucky’s request to approve a $600 million public-private partnership for central plants and utility infrastructure tied to the Chandler expansion. UK said it would shift $200 million from previously authorized restricted funds into the P3, leaving the project financed through private equity and nonprofit debt with no UK or Commonwealth debt. UK representatives said the project is necessary to support 24/7 hospital operations, expand and modernize utility systems, improve redundancy and efficiency, and reduce long-term operating risk. Members asked about the source of the availability payments, which UK said would come from UK Healthcare revenues, and the committee approved the P3 agreement unanimously. The committee also approved a UK lease renewal for a 20,000-square-foot College of Medicine annex near the Bowling Green Medical Center. UK said the lease costs $38 per square foot, or $912,000 annually, and supports medical education expansion in the region, including growth from 120 to 160 students over four years. Members voiced support for the local impact, and the lease passed unanimously. Later, the committee approved a Transportation Cabinet aviation project for two medium box hangars at Capital City Airport, funded by $1,153,000 in federal money and $950,000 from the Aviation Economic Development Fund, which is supported by a 6% jet fuel tax with a $1 million annual cap per company. Members asked about the fund balance, the cap, and airport revenue sources, and staff said the airport also receives entitlement and federal infrastructure funds and earns revenue from hangar rent and fuel sales. The committee then approved two Finance and Administration Cabinet pool projects: a roof and skylight replacement at the Libraries and Archives building and exterior repairs at several state buildings. Finally, the committee approved six Kentucky Infrastructure Authority action items after hearing about one loan increase for the Springfield Wastewater Treatment Plant and five grant reallocations tied to Cleaner Water Program and county allocation pool funds. Members asked why one project approved in 2024 was only now increasing, and KIA explained that design, water division review, environmental review, and bidding can take one to two years. KIA also reported additional no-action items, including a Brandenburg water grant split among two projects and 17 Kentucky Waters projects provided for information. The meeting ended with approval of the action items and no further action on the informational grants.
HI
Transcript Highlights:
  • Kurt Lager, Chief of the Honolulu Ocean Safety Department of the City and County of Honolulu.
  • chain of survival. chain of survival.
  • Hello, uh, this is Garrett Hall, on behalf of the Department of Health, the State Chief of Emergency
  • chance of survival. chance of survival.
  • Next up, Sherry Menor, President and CEO of the Chamber of Commerce of Hawaii, in support.
Bills: HCR112
KY

Kentucky 2026 Regular Session

House Legislative Session Day 18 (2-2-26)

Kentucky House Floor Meeting

Transcript Highlights:
  • Terminal net salvage allows utilities to responsibly plan for those end-of-life costs by spreading them
  • If we prohibit or delay the recovery of these costs, they won't go away.
  • So including terminal net salvage does not increase the true cost of electricity.
  • They the PSC has interpreted since the passage of Senate Bill 4 that they cannot recover those costs.
  • those costs. those costs.
Summary: The House convened with prayer, the Pledge of Allegiance, and a roll call showing 95 members present. The chamber approved the prior journal, received notice that the Senate had passed Senate Bills 20 and 68 and requested concurrence, and then moved to floor action on several bills. House Bill 143, relating to fiduciary bonds, was explained as removing the requirement that a fiduciary sign a bond in the presence of a court clerk or notary public; it passed 94-0. House Bill 164, relating to hearing aid coverage and related services, was described as increasing the coverage cap from $1,400 to $2,500, updating the definition of hearing aid, and adding network adequacy requirements; it passed 93-0 with one abstention. The House then considered House Bill 314, relating to the Kentucky Communications Network Authority and declared an emergency. Supporters said the bill was intended to address long-standing concerns about KentuckyWired management and oversight. A committee substitute and floor amendment were adopted, and the bill was explained as moving KCNA into the Finance and Administration Cabinet, transferring its functions to the Commonwealth Office of Technology, abolishing the separate executive director position, and reconstituting the board with new members and appointments. The bill passed 80-13. House Bill 398, relating to decommissioning costs for electric generating units, was presented as allowing terminal net salvage to be included in rates so utilities can recover end-of-life plant costs over time rather than through larger future spikes; after questions about PSC authority and safeguards, it passed 78-15. After the orders of the day concluded, members made announcements about upcoming committee meetings and a birthday recognition. House Resolution 7, recognizing guiding principles for elections in Kentucky, was reported as having passed unanimously in committee and was adopted without objection. The House also received the report of the Committee on Committees and the Rules Committee, which referred several bills and resolutions to standing committees and posted House Bills 194 and 393 for the next regular orders. The chamber then adjourned until 2 p.m. Tuesday, February 3, 2026.
HI

Hawaii 2026 Regular Session

AGR Public Hearing - Fri Jan 30, 2026 @ 9:30 AM HST

Agriculture & Food Systems

Transcript Highlights:
  • And um I of the University of Hawaii.
  • So instead of 51% of that that parcel.
  • support of the intent of this measure. support of the intent of this measure.
  • c> but the details of of the definitions but the details of of the definitions but all<00:27:26.480
  • round of testimony because we kind of round of testimony because we kind of figured<00:33:36.559
KY

Kentucky 2026 Regular Session

House Legislative Session Day 17 (1-30-26)

Kentucky House Floor Meeting

Transcript Highlights:
  • Implementation requires only administrative updates with a one-time cost of about $128,000, less than
  • Implementation requires only administrative updates with a one-time cost of about $128,000, less than
  • Implementation requires only administrative updates with a one-time cost of about $128,000, less than
  • <00:43:53.280> of left to carry the environmental costs of left to carry the environmental
  • costs of corporate<00:43:54.000> decisions.
Summary: The House convened with 93 members present, approved the previous day’s journal, and reported several bills on second reading, including measures on elections, retired police officers, the Kentucky Communications Network Authority, local government, mental health facilities, prescription drugs, Alzheimer’s services, and electric generating unit decommissioning costs. The chamber then moved to floor action on several bills. House Bill 144, relating to motor vehicle titles, was taken up first. A House Committee Substitute was adopted, and members discussed that the bill would let insurance companies avoid forfeiting titles for cosmetic damage such as hail damage while still requiring payment for the damage. The bill passed 94-0, and the clincher was applied. House Bill 3, relating to Medicaid reimbursement for pharmacist services, was then explained as allowing Medicaid to reimburse pharmacists for services they already provide, such as strep testing, immunizations, and medication management, without expanding Medicaid or scope of practice. Supporters said it would improve access, especially in rural areas, and the bill passed 93-0, followed by the clincher. House Bill 290, concerning county law libraries, was explained as allowing local bar associations to use their funds for electronic legal research tools, including online subscriptions, computers, and internet access, rather than only books. It passed 94-0 and the clincher was applied. House Bill 84, on local government liability for failure to protect property during riots, generated the most debate. Supporters said it would make the law uniform across jurisdictions and hold governments accountable when they have notice and the means to act but do not; opponents raised concerns about outdated language, possible vigilante implications, and fiscal impact. A floor amendment adding an emergency clause was adopted 81-8, and the bill then passed as amended.
NM

New Mexico 2026 Regular Session

Senate - Conservation Jan 27th, 2026 at 09:00 am

Senate Conservation

Transcript Highlights:
  • And then, of course, we have the administrative cost.
  • Whenever you were talking about how these dollars are being spent and what the cost of spay and neuter
  • The cost of waste management is significant to each of our members, The bill.
  • The cost of waste management is significant to each of our members, and the Environment Department's
  • cost-benefit analysis such that whatever comes out of this doesn't raise the cost of disposal of this
Bills: SB38, SB46, SB18
KY
Transcript Highlights:
  • The lessor has agreed to absorb $65,586 of that cost, with the agency's remaining cost of $95,516.88
  • c><00:16:16.880> agency's<00:16:17.360> remaining of that cost with the agency's remaining
  • of that cost with the agency's remaining cost<00:16:18.000> of<00:16:18.240> $95,516.88
  • The lessor has agreed to absorb $65,79.54 of that cost, with the agency's remaining cost of $60,000 to
  • The lessor has agreed to absorb $65,79.54 of that cost, with the agency's remaining cost of $60,000 to
Summary: The meeting opened with prayer and a quorum call, then the committee approved the prior meeting minutes. Staff reported several informational items, including University of Kentucky medical and research equipment purchases, school district debt issues, leasehold improvements, and Kentucky Community and Technical College System bond allocations. The committee then approved a line-item appropriation increase of $350,000 in federal funds for the Department of Fish and Wildlife Resources’ Cumberland Forest Conservation Program, along with two Department of Military Affairs projects: the Ashland Readiness Center window replacement and the MATES HVAC replacement at Fort Knox. It also approved four larger maintenance-pool projects without further action: HVAC and smoke evacuation work at the Kentucky State Penitentiary, HVAC and hot water tank replacements at Oakwood, a Green Bank energy-savings performance project across state facilities, and roof replacement at Lake Barkley Lodge. Members asked about the prison project, the roof procurement process, and whether minority-owned firms receive special bidding preference; staff said capital projects are awarded through open low-bid procurement with qualification and warranty requirements, and that minority participation is preferred but not a bidding criterion. Two lease modifications were approved for Franklin County agencies: an expansion and renovation for the Auditor of Public Accounts and a downsizing and renovation for the Kentucky Workers Compensation Funding Commission. The committee also approved Kentucky Infrastructure Authority items, including a Monticello sewer loan, several Cleaner Water Program grants and reallocations, and a House Bill 1 water grant that required no action. Members questioned engineering costs and were told the KIA board reviews technical details and anomalies before approval. Finally, the committee approved six economic development grants: one EDF grant for V Simple in Jefferson County and five KPDI EDF grants for projects in Breckinridge, Erlanger, Todd, and Washington counties. The last action item was approval of Western Kentucky University’s up-to-$10 million general receipts revenue bond issue for athletic facilities. An informational Kentucky Housing Corporation multifamily bond item prompted concern from members about rising per-unit costs for affordable housing, and they requested further explanation from the housing corporation at a future meeting.
KY
Transcript Highlights:
  • cost of care. cost of care. >> Representative<00:19:48.640> Fleming.
  • c> models<00:34:31.040> looks one of those cost models looks one of those cost models looks
  • Looking at cost, and again taking the case of addiction, ibogaine costs about 1/8 that of traditional
  • > traditional gain costs about 1/8 that of traditional gain costs about 1/8 that of traditional
  • cost of paying for overwhelmed with the cost of paying for these<01:32:55.840> conditions,<01
Summary: The committee first approved the prior meeting minutes and recognized Eric Clark for his service, noting this may be his last meeting before he leaves state government. The main presentation was from Allison Adams, president and CEO of the Foundation for a Healthy Kentucky, who described the organization’s history, nonpartisan mission, and focus on health equity, prevention, and upstream policy solutions. She said Kentucky’s poor rankings in chronic disease, preventable hospitalizations, and life expectancy show the need to shift resources toward prevention and community-driven strategies rather than relying mainly on treatment after people become sick. Adams emphasized leading health indicators, arguing that lawmakers should track actionable measures such as quit attempts and smoke-free policies instead of only lagging indicators like disease rates and mortality. In response to questions, she said accountability should be shared across communities and systems, with possible incentives and disincentives tied to outcomes, and she supported creating a public data utility or dashboard, ideally with university partners, to help legislators and communities monitor progress. She also cited examples of accountable health community models and said Kentucky could adapt similar approaches. The committee then heard from Meade County Schools Superintendent Mark Martin and district health coordinator Karen Kotche about the Healthy Kids Clinic partnership with Cumberland Health. They described a seven-year effort that led to full implementation in the district, which now has a nurse in every school and a nurse practitioner, allowing services such as sports physicals and other clinic functions to be provided on campus. They said the program has been a strong investment for students and the community and began explaining how the district built the partnership after earlier efforts and delays, including the pandemic.
KY
Transcript Highlights:
  • 00:07:59.120> approached<00:07:59.440> and of of of why we've approached and of of of why
  • footage cost to meet the US Corps of footage cost to meet the US Corps of Engineers<00:12:33.200
  • Uh, FEMA will reimburse at 75% of the cost of the project, and insurance proceeds will cover the balance
  • <00:14:42.079> the<00:14:42.240> cost<00:14:42.480> of<00:14:42.639> the<
  • /c> will reimburse at 75% of the cost of the will reimburse at 75% of the cost of the project<00:14:43.360
Summary: The committee first handled routine business, including approval of the June meeting minutes and receipt of several correspondence and information reports. Those reports covered quarterly capital project status updates from state agencies and postsecondary institutions, lease modifications, asset preservation projects, school district debt issuances, and Kentucky Communications Network Authority budget history materials. Members also raised questions about a long-open stream mitigation account and were told the funds are fee-in-lieu stream mitigation monies administered through Fish and Wildlife, with staff promising to follow up on the specific project. The committee then reviewed and approved several capital project actions. These included a new Camp Oralis dining hall project for the Department of Fish and Wildlife Resources, explained as a reauthorization because the funding split changed to 64% federal and 36% agency funds; an appropriation increase for the Shelbyville armory addition due to higher construction costs and security requirements; and emergency repair projects for Fort Boonesboro flood remediation and the Kentucky State Police Supply Branch fire damage. Members also approved a tenant improvement fund request for parking garage safety improvements at the Mayo Underwood Building. The Office of Financial Management presented three Kentucky Infrastructure Authority items and one Cleaner Water Program reallocation. The loans included a Shepherdsville sewer/drainage project and two Auburn water and lead service line projects; the grant reallocation involved unused Cleaner Water Program funds, with staff emphasizing that all ARPA-funded cleaner water dollars must be spent by December 31, 2026 or returned. After discussion, the committee approved the package. The committee also approved six Economic Development Fund grants, and the Cabinet for Economic Development began presenting the first six KPDI projects, though the transcript cuts off before those project details were completed.
KY
Transcript Highlights:
  • <00:04:46.400> of detailed as to what were the costs of detailed as to what were the costs
  • 10:42.480> operational<00:10:43.200> cost the anticipated cost of operational cost the
  • anticipated cost of operational cost thereafter?
  • a total renovation cost of $682,717.16.
  • The lessor has agreed to absorb $266,123.14 of that cost, and the agency's remaining cost is $416,594.02
Summary: The meeting began with routine business, including a quorum call, approval of the April minutes, and several informational reports. Those information items covered upcoming general obligation debt for Bullitt, Jefferson, and Warren counties; Kentucky Communications Network Authority updates tied to House Bill 6; Eastern Kentucky University asset preservation reallocations under House Bill 1; and School Facilities Construction Commission debt activity, including 20 prior debt issues totaling about $386 million with roughly 85% locally supported debt service and 15% SFCC participation. Members then discussed concerns about a Kentucky Communications Network Authority project, focusing on a reported discrepancy between an appropriation of $12.927 million and an apparent payment of about $8.532 million on a project with a cost estimate of $12.449 million. Several members asked for more detailed written information before the next Capital Projects meeting, noting that a lawsuit is pending and that they wanted to better understand the basis for the request and the spending to date. The committee also heard and unanimously approved a donor-funded Northern Kentucky University project to renovate tennis courts, with possible pickleball additions, after questions about why approval was needed, the project’s estimated $3 million cost, and its expected minimal ongoing operating costs. The committee next received Kentucky State University pool allocation reports for three projects: a $2 million McCullen Hall renovation, a $1.75 million walkway and miscellaneous repairs project, and a $2 million academic services building roof-and-window project. A member asked specifically about curb cuts and accessibility in the walkway project, and Kentucky State said existing curb cuts would be repaired and additional accessibility issues would be reviewed by engineers. The lease report from the Finance and Administration Cabinet included one lease modification requiring approval for the Attorney General’s office in Franklin County and one no-action modification for the Board of Cosmetology; the Attorney General lease was approved by roll call vote. Finally, the Kentucky Infrastructure Authority presented five loans and 37 grants, with action taken on the loan and grant items. The loans included a Hodgenville wastewater treatment plant increase, a Grant County sewer district treatment plant loan, a Mount Sterling dam rehabilitation loan, and two Morganfield drinking water loans for granular activated carbon treatment, one with full principal forgiveness. Members asked about the Morganfield project’s purpose and were told it was a remediation effort for a water-quality concern, and they also raised questions about engineering fees, which KIA said are compared against a U.S. Rural Development fee schedule that is industry accepted. The committee also reviewed cleaner water program grant reallocations from county allocation pools.
AL

Alabama 2025 Regular Session

Alabama House Agriculture and Forestry Committee Apr 23rd, 2025

Agriculture and Forestry

Transcript Highlights:
  • It does address the issue of the dwindling number of licensed rehabbers in the state of Alabama because
  • A majority, upward of over 75% of what comes into a rehabilitation center requires some sort of medical
  • When that happens, it not only costs taxpayers millions of dollars to try to minimize the outbreak risk
  • of this piece of legislation.
  • This is going to cost the department. going to cost the department that's doing these types of inspections
Bills: HB448, HB448
MN

Minnesota 2025-2026 Regular Session

House Agriculture Finance and Policy Committee 3/5/25

Agriculture Finance and Policy

Transcript Highlights:
  • It cost us thousands of dollars in lost production and downtime.
  • with the cost of wild bird deterrence on farms.
  • <01:25:34.280> on<01:25:34.520> Farms cost of wild bir deterrence on Farms cost of
  • It gets into a lot of cost and a lot of mandates.
  • It gets into a lot of cost and a lot of mandates.
Bills: HF47, HF434, HF1503, HF1702