Transcript Highlights:

• The first major mega project, and not that that work is going to be small, that's probably Mega project
• They are now projecting to be over $5 billion.
• And so we hope that the project team can provide us with timely and regular... ...that the project team
• We've given notice to proceed to our projects.
• That's the approaches project, which is also a bi-state-led project. Next slide.

Summary: The committee met jointly with the Washington-Oregon Legislative Action Committee for an update on the Interstate 5 Bridge Replacement (IBR) program. Members first adopted the proposed committee rules, then received program updates from staff on environmental review, permitting, design, tribal consultation, and public engagement. Staff said the project remains in the supplemental EIS process, with a final supplemental EIS and amended record of decision expected in early 2026, which would allow construction to begin. They also described ongoing work on Coast Guard navigation clearance, Section 106 historic-property coordination, and architectural guidelines for the bridge and five-mile corridor, emphasizing that the visualizations shown were conceptual and that public and partner feedback has already influenced design considerations such as accessibility and shared-use path connections. Members raised concerns about schedule delays, rising costs, and whether the project is being designed to be functional, safe, and economical. Staff acknowledged that the timeline has slipped from earlier expectations and said the delay reflects the complexity of the environmental and federal review process, as well as the need to avoid redoing steps. They said the updated cost estimate is being prepared now that design has advanced to roughly 30 percent, and that it will account for inflation, risk factors, and both fixed-span and movable-span options. Staff estimated a movable span would add more than $400 million and said the first construction work after environmental approval would likely be preliminary freeway and retaining-wall work in late 2026, followed by the bridge procurement. The committee also received funding and tolling updates. Staff reported that major federal grants have been executed, including Mega and Bridge Investment Grant agreements, and that state STIP amendments are advancing to allow access to federal funds. The tolling team described Level 3 traffic-and-revenue work, a bi-state tolling subcommittee process, and possible toll scenarios aimed at supporting either about $1.24 billion or $1.6 billion in toll revenue. Members questioned low-income toll relief timing, truck toll rates, and the effect of tolls on freight users. Staff said low-income discounts are being analyzed for both revenue and operational feasibility, that tribal exemptions and other policy exemptions are under review, and that the commissions expect to move into public outreach on toll rates and policies in 2026, with tolling on the existing bridges currently projected to begin in spring 2027.

Transcript Highlights:

• And while the project is currently estimated to cost around $950 million, independent studies project
• Kalahari is a generational project. It's a generational project. going.
• Kalahari is a generational project. It's a generational project.
• Kalahari is a generational project.
• The Samsung project, that's a $17 billion at least project.

Summary: The committee heard a long series of bills, most of them expanding or adjusting hotel occupancy tax or qualified hotel project authority for specific local governments. Measures discussed included HB 2404 for Childress County; HB 3066 for Allen’s Kalahari resort project; HB 4682 for Plano; HB 4683 for Anna; HB 3076 creating a project finance zone in Frisco; HB 3567 for Wichita County; HB 3715 for McAllen; HB 1039 for Alpine; HB 3182 for Burleson; HB 4926 for Grimes County; HB 4222 for Victoria County; HB 3377 for Katy; HB 4659 for Addison; HB 3241 for Georgetown; HB 4098 for Taylor; HB 3178 for Kerr County; HB 3179 for Mason County; HB 2289 for New Braunfels; HB 4412 for Kermit; HB 5165 for Monahans; HB 3500 for Bastrop; and HB 3169 for Carrollton. In each case, authors and local officials described tourism, convention, hotel, airport, or mixed-use development needs and argued the bills would help attract visitors, investment, and jobs. One non-hotel-tax bill, HB 4226, would exempt Texas food banks from sales tax on vehicle purchases and rentals, with testimony emphasizing the scale of food bank operations and the savings’ impact on meal delivery and disaster response. Testimony was generally supportive from city officials, economic development representatives, and industry groups such as the Texas Hotel and Lodging Association. Several witnesses described major private projects, including Kalahari in Allen, a proposed hotel and conference center in Addison, a mixed-use project in Georgetown, and a large development tied to Samsung growth in Taylor. For HB 4226, food bank representatives said the bill would help them purchase refrigerated trucks and other delivery vehicles, while an opponent questioned the fiscal note and the scope of the exemption. HB 4926 drew opposition from Camp Allen, whose representative argued a new county hotel tax would raise costs for guests and could hurt the retreat center’s operations. HB 3178 also drew an objection from a Kerr County resident who argued the tax would grow county government and pointed to event center losses, though the author said the revenue would support tourism-related county uses. The committee took no final votes on the bills in this transcript. After each bill was laid out and testimony concluded, the chair repeatedly asked whether there was objection to leaving the bill pending; in each instance, no objection was heard, and the bills were left pending. Several committee substitutes were offered and then withdrawn or noted as conforming drafts, but no bill was reported out or otherwise acted on beyond being left pending.

Transcript Highlights:

• There were three projects recommended and three projects approved.
• Project 3.0, I believe 3.0 is the last phase of the IPIP project.
• This is the project that uses... This is the project that you supported last year.
• We put the project grant requests out, and I believe we had 11 projects that came in.
• We awarded $42 million to five projects. Look at the costs of these projects.

Summary: The committee took roll, approved the March 18 minutes, and then received a compliance-report update on the Industrial Commission and related funds and programs. Staff reviewed the status of one-time appropriations and grant programs, including electric grid resiliency, lignite research, enhanced oil recovery, the Clean Sustainable Energy Authority, the salt cavern business-case study, and the new NDSU research and technology park grant. Members asked about funding balances, reimbursement timing, matching requirements, and how some commitments would affect the State Investment Fund and future biennia. Industrial Commission staff then gave a broader update on the agency’s administrative office, grant management system, leadership transitions at several commission agencies, and active grant rounds. They reported that the grant management system is nearing completion, that several agency leadership searches have concluded, and that the commission’s grant programs currently have 108 active grants totaling more than $165 million. They also described the Clean Sustainable Energy Authority round, the oil and gas research program’s enhanced oil recovery awards, the grid resiliency grants, the salt cavern study, and the research technology park program, noting that some projects are awaiting federal funds or additional matching cash. Ron Ness, speaking for the Oil and Gas Research Council, focused on the state of the oil industry and the enhanced oil recovery “Bakken 2.0” effort. He said production remains steady, but future growth depends on better infrastructure, longer laterals, and new EOR methods such as CO2, natural gas, and surfactants. He emphasized the importance of the Bakkeneast pipeline and related gas-utilization projects, the recent DOE funding that will return some money to the research council, and the need to modernize tax and incentive rules for CO2-based recovery. Members discussed the potential economic benefits for oil, agriculture, and manufacturing. The Bank of North Dakota then presented its compliance report and a broader strategic update. Bank leadership reviewed the bank’s mission, governance, participation lending, student lending, disaster programs, and legislatively directed programs, and said the bank is managing for a flatter deposit base and stronger liquidity because of fintech competition and changing market conditions. They reported improved earnings, with net income rising to about $231 million, and described Rough Rider Coin as a new internal payment rail for North Dakota banks and credit unions, not a public cryptocurrency. Members asked about student loan eligibility, disaster lending, and the bank’s capacity to support state programs while maintaining its balance-sheet and liquidity requirements.

Transcript Highlights:

• <00:06:14.560> that you will see the list of projects that you will see the list of projects
• Then later on in section 159 projects.
• sums available for this project.
• projects that had lapsed.
• from projects from prior projects<00:10:22.399> that<00:10:22.640> had<00:10:22.800>

Keywords: 1191, senate, all

Transcript Highlights:

• So let's say, you know, Project X is a DHS project.
• Let's say, you know, Project X is a DHS project, ACA project; that'd be run by their CIO shop with their
• an IT project.
• Projects are the same.
• It depends on the project. Thank you, Mr. Chair. It depends on the project.

Summary: The subcommittee held its first meeting to examine Florida’s information technology governance, budgeting, cybersecurity, data management, and telecommunications operations. Chair Schneider and other members framed the panel as a new joint policy-and-budget forum focused on reducing jargon, improving accountability, and asking whether technology investments are feasible, aligned with state goals, cost-controlled, and secure. State Affairs Chairman Will Robinson and members emphasized that the committee should avoid buying “shiny new objects” without clear business cases and should focus on long-term value, cybersecurity, and operational efficiency. Florida Digital Service and Department of Management Services leaders provided an overview of the state IT enterprise. Secretary Pedro Allende described DMS as the state’s business, workforce, and technology service provider, while State CIO Warren Spanholz outlined Florida Digital Service’s four core areas: cybersecurity, project success, data interoperability, and enterprise architecture. Chief Data Officer Ed Ryan said the state data catalog is about 400,000 elements and roughly half of agencies are participating, and he described efforts to identify authoritative data sources and improve interoperability. Chief Information Security Officer Jeremy Rogers discussed the state cybersecurity operations center, enterprise risk management, incident response exercises, and a recurring $35 million cybersecurity resiliency budget. Chief Technology Officer Leo Schoonover described oversight of major IT projects over $10 million, updated project management standards, and a shift toward smaller phased implementations and more flexible methodologies to reduce delays and overruns. Other presenters covered telecommunications, data center operations, and cybersecurity workforce development. Director Denise Atkins said the Division of Telecommunications manages Suncom and MyFloridaNet, with nearly $336.9 million appropriated for fiscal year 2024-25, and is procuring the next network contract while emphasizing security controls and vendor flexibility. Tim Brown said the Northwest Regional Data Center operates on a chargeback basis, serves state and local customers, and returned surpluses to customers in recent years. Cyber Florida Director Ernie Ferraroso described training, workforce pipelines, K-12 outreach, a cyber range, and research programs aimed at building Florida’s cyber workforce and improving public-sector readiness. Members asked about budget setting, project delays, change orders, cybersecurity reporting, data catalog participation, interoperability, and expanding cybersecurity operations centers. Officials said chargeback rates are based on actual direct and indirect costs, project delays often stem from unclear scope and insufficient upfront planning, and cybersecurity success is measured by mean time to detect, respond, and recover. They also said the state is moving toward more modular project delivery, broader agency participation in shared cybersecurity services, and expanded CSOC locations within existing staff and budget where feasible.

Transcript Highlights:

• It's a big project.
• project for that area Construction costs for both the projects is about $100 million and they're fully
• We have the next project... is Phase 4 of the US-64 project between Arizona and Shiprock.
• are unfunded projects.
• We don't have a lot of details on the project yet, so we estimate what a project cost is going to be.

Transcript Highlights:

• For P5 state projects, about $4.1 billion... For P5 state projects, about $4.1 billion.
• projects totaling $419 million, for a total of 61 new projects and $514 million.
• And what the bundled project does is allow those projects to be consolidated into one single project,
• And what the bundled project does is allows those projects to be consolidated. currently.
• And what the bundled project does is allows those projects to be consolidated into one single project

Summary: The Senate Committee on Revenue and Fiscal Affairs met on May 11, 2026, approved the April 27 minutes, and then took up several House bills. HB 618, by Rep. McMakin, would update Louisiana Economic Development fees and filing charges by indexing them to inflation and allowing some discretion to waive or reduce fees for small businesses; it was reported favorable. HB 732, by Rep. Owen, drew extensive discussion because it combined two issues: temporary OMV relief for a hospice-related ID problem and a suspension of the new hybrid vehicle road usage fee. Members and the OMV commissioner raised constitutional and drafting concerns about waiving or eliminating obligations, and the committee discussed how newer vehicle classifications blur the line between electric, hybrid, and gas-powered vehicles. The committee ultimately reported HB 732 favorable, with the understanding that amendments and further work would be needed before floor action. The committee also reported favorable on HB 217 and HB 214 by Rep. Henry, which would authorize local governments to grant property tax exemptions for the rehabilitation of blighted property and place the related constitutional amendment before voters. Testimony emphasized that the measure is permissive for local governments, applies only after a property is formally blighted and rehabilitated, and is intended to encourage redevelopment while preserving some tax revenue. Members discussed the exemption level, duration, and the need for clearer definitions of blight, but no objections were raised. HB 593, also by Rep. Henry, would raise the maximum service fee for OMV public tag agent offices statewide; the commissioner explained that many offices are locally operated and that the increase would help cover costs, and the bill was reported favorable. Later, HB 514 and HB 961, by Rep. Foreman, were reported favorable. HB 514 would allow local governments, by referendum, to provide additional property tax relief for seniors who meet income and freeze requirements, with phased age-based eligibility steps; HB 961 would extend a similar concept to certain homesteads held in trust. Members discussed the optional local nature of the program and the need to avoid overly broad rules. HB 908, by Rep. Mina, would increase certain Secretary of State business services fees to support operations and system upgrades; agency officials said the fees had not been comprehensively adjusted since 2013 and remained below regional averages, and the bill was reported favorable. The committee then heard an informational update on the capital outlay bill from the Division of Administration, including the use of bundled projects for universities and DOTD, the status of P1/P2/P5 funding, and available cash capacity. Finally, HB 1010, by Rep. Deshotel, was reported favorable after brief discussion; it would require assessors to report property tax collections to the Louisiana Tax Commission for centralized public reporting.

Transcript Highlights:

• it's projected load. it's projected load.
• but any project transmission projects but any project that<00:17:33.200> tries<00:17:33.440><
• . projects. projects.
• project. Is it? project. Is it?
• one project, the X178? one project, the X178?

Keywords: 1191, senate, all

Transcript Highlights:

• projects relate to our workforce silos.
• Leg of the project is moving along, and ultimately when we get into the couple of projects that I'll
• In the summer of 2023, the project manager vendor had been selected, but the project was not on track
• , if you will, of the project.
• The projects represented on the screen, when you look at continuous modernization, are the projects that

Transcript Highlights:

• affected project areas. affected project areas.
• <00:09:41.960> And<00:09:42.200> so of the project. And so of the project.
• directly involved by this project. directly involved by this project.
• smaller-scale project.
• You have that one project.

Bills: HF3879

Keywords: outdoor heritage, conservation, habitat restoration, natural resources, wildlife management, 1183, house

Summary: The committee approved the April 8, 2026 minutes and then took up House File 3879, the Legacy Finance Outdoor Heritage bill. The committee adopted the DE1 author’s amendment, which incorporated the Lessard-Sams Outdoor Heritage Council’s revised recommendations and made technical corrections, and staff explained that the bill appropriates about $191.081 million in Outdoor Heritage funding, plus carryforwards and an extension for a carp deterrent project at Lock and Dam. Staff also noted the bill makes no changes to the Clean Water Fund or Arts and Cultural Heritage Fund, and the bill was moved to the Committee on Ways and Means. A large portion of the meeting focused on the Roseau Lake rehabilitation/Roseau River restoration project and related concerns about landowner impacts, eminent domain, drainage, and whether Outdoor Heritage dollars are being used on private property. Landowners and their attorney testified that the project threatens private farmland, that they do not consent to easements or takings, and that funding should be paused until litigation and legal questions are resolved. They described flooding, drainage problems, financial burdens, and long-term harm to family farms, and asked the committee to suspend funding for the project. Supporters of the project, including Roseau Mayor Dan Fabian and farmer/watershed district manager Jason Bratton, said the project is part of a broader flood-mitigation effort following the 2002 Roseau flood and would help control water, reduce flood damage, and improve conditions for downstream farmers. After testimony, the committee considered the A5 amendment, offered by Representative Heintzeman, which would delete the Roseau Lake Rehabilitation Project Phase 3 from the bill. Members debated the amendment, with some emphasizing landowner concerns and pending litigation and others defending the project and the council’s vetting process. The transcript cuts off during continued discussion, and no final vote on the A5 is shown in the provided text.

Transcript Highlights:

• , project readiness, and how expensive those projects are likely to be.
• Sale on the project.
• will replace a proposed project.
• Chair, Senator Padilla, it depends on the project and what the parameters of the project are as to what
• that get automatic revenues into them, Local Government Project Fund, Transportation Project Fund, and

Bills: SB2

Keywords: SB 2, State Highway Project Bonds, highway funding, transportation bonds, state road fund, motor vehicle fees, vehicle registration fees, electric vehicle fee, EV surcharge, plug-in hybrid fee, weight distance tax, road construction, infrastructure financing, Department of Transportation, State Transportation Commission, bonding authority, county road funds, municipal road funds, transportation improvement program, state highways

Transcript Highlights:

• For systems-based projects, Mr.
• We're going to see some projects here in a few minutes.
• But it would serve, again, as an incentive to move those projects, particularly projects that just need
• I mean, I do realize for this project that they are slightly under your projections for potential enrollment
• Next is the Crown Point High School project. Yes, sir. Chair, members, project P-21-00.

Transcript Highlights:

• projects listed.
• . projects. projects.
• <00:49:52.000> to<00:49:52.240> go project these projects to go to go project these
• Um if this were a new um<00:57:09.760> project um project um project um<00:57:12.480> your<
• project itself. project itself.

Keywords: 1187, senate, all

Transcript Highlights:

• But we cannot realize the full benefits of these projects... ...benefits of these projects and emerging
• And then the latest project that's been approved is the Summit Carbon Solutions Project.
• So, while I'm relieved to hear the Tallgrass project has that Class VI permit, many other projects have
• covered projects on the permitting dashboard for federal infrastructure projects.
• The Brown Pelican project is specific for a direct air capture project.

Transcript Highlights:

• project done for to get this project project done for this<00:37:04.160> purpose<00:37:05.040
• Uh, the second project is the Central Maui School Project.
• Uh, the second project is the Central Maui School Project.
• update on the projects and the progress of the projects.
• status of projects? status of projects?

Keywords: 912, senate, all

Summary: The Senate Committee on Education heard several advice-and-consent nominations to the School Facilities Authority. For GM779, Shelley Pa was introduced as a nominee for a term ending June 30, 2029. The Department of Education supported her nomination, citing her large-scale operations and stakeholder-engagement experience. In her testimony, Pa said she retired from community policing, wanted to give back to teachers and students, and believed her strengths were collaboration, listening to community input, and helping balance differing priorities. Committee members questioned her about the construction and infrastructure focus of the board, her lack of direct construction experience, and how she would handle disagreements and budget limits; she responded that she would rely on collaboration, ask questions, and keep decisions centered on students, teachers, and the community while staying within budget. The committee then heard GM777 and GM778 for Robert Davis, with terms ending June 30, 2025 and June 30, 2029. Davis described more than 30 years with the Department of Education, including roles as teacher, coach, counselor, vice principal, principal, and complex area superintendent, and said he had worked on major facilities projects and managed pandemic-era funding. He emphasized communication, transparency, and trust, and explained that his experience on the Early Learning Board helped him understand how to set policy, identify schools for pre-K, and use data and community factors in decision-making. Members asked how he would handle SFA’s growing pains, the need to balance DOE wishes with practical and budgetary limits, and the board’s role when the legislature controls funding; Davis said the board must keep communication open, include the right people, and make sensible decisions that move projects forward without stalling. For GM780, nominee Michael Unbasami was introduced for a term ending June 30, 2029. The Department of Education supported him, highlighting over five decades of public service and experience in facilities management, finance, and legislative affairs. Unbasami said he had recently retired after 31 years as associate vice president for administrative affairs for the community colleges and had extensive experience with facilities planning, construction, renovation, repairs, and working within budgets. He stated that the DOE should be treated as the SFA’s client because it knows student, teacher, and facility needs best, while SFA’s role is to implement construction work and collaborate on priorities. Committee members pressed him on how to balance DOE requests with practical project delivery, especially for teacher housing and other non-classroom needs, and he said the legislature funds the work, SFA must keep projects moving, and the workflow should involve collaboration but also realistic decisions that fit the budget and avoid delays.

Transcript Highlights:

• Well, currently, as we projected, and I think our current business plan projects about $126 billion to
• And the fact that you could have a project, a project that is approved, is being built, does not fully
• The biggest propaganda against the project is the project itself.
• that we could put people to work doing—lots of projects, infrastructure projects galore.
• So now we're talking about a project.

Keywords: 987, senate, all

Transcript Highlights:

• Well, currently, as we projected, and I think our current business plan projects about $126 billion to
• And the fact that you could have a project that is approved, is being built... ...of a project that is
• I hope it can happen because it's important for this project and other projects.
• The biggest propaganda against the project is the project itself.
• that we could put people to work doing, lots of projects, infrastructure projects galore.

Summary: The Senate Transportation Committee held an informational hearing on the California High-Speed Rail Authority’s 2026 draft business plan and next steps for the project. Chair Cortese opened by noting major changes since the 2024 plan, including new leadership, a bottoms-up review, scope changes in the Central Valley, loss of federal funds, and renewed interest in private investment and value capture. The Authority’s CEO, Ian Chaudhary, presented the project as moving into a construction and track-laying phase, citing progress on Central Valley structures, right-of-way acquisition, utility relocations, and a new procurement for track and systems. He said the plan reflects a more disciplined, optimized approach, with the Merced-to-Bakersfield segment targeted for revenue service around 2033 and the broader Phase 1 corridor envisioned as commercially viable through ancillary revenues, public-private partnerships, and future private financing. Committee members questioned the Authority about station relocations, single-tracking, tax increment financing, utility relocation authority, transparency, and the feasibility of private financing. Chaudhary said the Merced and Bakersfield station locations were still under discussion with local governments and that no contracts had been finalized. He defended the reduced scope and single-track approach as a just-in-time strategy to avoid overbuilding, while maintaining high-speed standards. He also said the Authority was exploring land value capture, broadband, energy, and other corridor-based revenue sources, but acknowledged that some tools would require legislative action and that private financing options were still being evaluated. Several senators expressed support for the project but raised concerns about permitting delays, local opposition, constitutional and statutory limits, and the need for stronger accountability. The Legislative Analyst’s Office and the High-Speed Rail Inspector General then gave critical assessments of the draft plan. LAO staff said the plan assumes major statutory changes, understates risk, lacks transparency about scope changes, and may not fully fund even the smaller Merced-to-Bakersfield segment once borrowing costs and other uncertainties are considered. Inspector General Ben Belknap said the draft plan does not comply with newer statutory requirements in SB 198 and AB 377, citing three main deficiencies: unauthorized scope changes to the Merced-to-Bakersfield segment, an inadequate funding plan that omits financing costs, and missing procurement milestone dates. He said the Authority’s presentation obscures the true cost and schedule impacts of the project changes, and that incomplete reporting limits legislative oversight. The Authority responded that it would address the OIG’s findings in the final business plan, and committee members indicated they expected a written response on compliance issues.

Transcript Highlights:

• But as we do that, we need to complete projects because we're not good at completing projects.
• But if there are projects that are short, they said, we're going to use these projects.
• It does have the list of projects.
• That's just awarding the projects.
• In some of these projects.

Transcript Highlights:

• d38 projects how many of those projects d38 projects how many of those projects are<00:17:15.880
• <00:17:35.600> over 8021 or 70 2H that's 38 projects over 8021 or 70 2H that's 38 projects
• project area.
• or impose conditions on the project or impose conditions on the housing<00:46:35.680> project
• <00:46:51.040> to infrequently so requiring projects to infrequently so requiring projects

Keywords: 912, senate, all

Summary: The committee heard testimony on several housing-related measures, with most witnesses supporting bills aimed at expanding affordable housing tools and financing. SB 1169, creating a Community Land Trust Equity pilot program, drew support from HHFDC and Nahal UI, which said revolving funds would help community land trusts build permanently affordable housing more efficiently. SB 1200, establishing a workforce housing regulatory sandbox within HHFDC, also received support from HHFDC and others, though HHFDC noted concerns about whether the measure could be read to preempt county permitting and zoning powers. SB 511, which would require county legislative bodies rather than HHFDC to approve certain housing project exemptions, prompted HHFDC to suggest revised language and a possible processing deadline for applications; the discussion focused on avoiding indefinite delays and clarifying county and state roles. SB 1283, creating an emergency home loan assistance revolving fund, was introduced with comments from the Department of Budget and Finance and HHFDC. SB 612, on rent-to-build equity agreements for exempt housing projects, drew support and questions about how many affected projects are rentals versus for-sale units. SB 944, extending and expanding low-income housing tax credit provisions, received support from Sugar Creek Capital, Hawaii Housing, and the Chamber of Commerce, while the Tax Foundation raised a technical concern about inconsistent use of the term “taxpayer.” HPHA-supported bills SB 1413 and SB 1412 were also heard, along with SB 1632, which would direct DBEDT to develop a comprehensive action plan for a local housing market; testimony on that measure was strongly supportive but included calls to examine constitutional and legal issues and broader market-structure concerns. The committee also began discussion of SB 1033 and noted it was closely related to SB 1131, with the chair indicating an inclination to move only one of the two similar tax proposals forward.

Transcript Highlights:

• There were three projects recommended and three projects approved.
• Project 3.0, I believe 3.0 is the last phase of the IPIP project.
• This is the project that uses... This is the project that you supported last year.
• We awarded $42 million to five projects. Look at the costs of these projects.
• So here are the projects.

Keywords: 908, all

Summary: The committee received a compliance and status update on Industrial Commission programs and the Bank of North Dakota. Staff reviewed appropriations and spending for several Industrial Commission funds and grant programs, including lignite research, oil and gas research, clean sustainable energy, grid resiliency, salt cavern analysis, and the new NDSU research and technology park grant. Members discussed the timing of reimbursements, uncommitted balances, and the structure of the pipeline capacity and enhanced oil recovery funding. The Industrial Commission also reported on its administrative budget, grant management system project, and recent leadership transitions across several agencies. Karen Tyler of the Industrial Commission described active grant rounds and the status of major projects. She said the Clean Sustainable Energy Authority approved three projects in its sixth round, with remaining uncommitted cash and loan capacity still available, though no new funding was appropriated this session. She also said the Oil and Gas Research Council approved six enhanced oil recovery projects and expects additional funding after a federal Department of Energy award replaces one project’s state funding. For grid resiliency grants, she said some projects have been funded, some commitments were returned or reallocated, and some DOE funds remain pending. She also updated the committee on the salt cavern business case study, which replaced an earlier larger development proposal, and on the NDSU research park grant, where the nonmatching portion was paid and the matching portion has moved slowly because the match must be in cash. Ron Ness then gave an extended presentation on enhanced oil recovery and North Dakota oil and gas trends. He said production remains steady, but future growth depends on infrastructure, especially gas takeaway and projects like the Bakken East pipeline. He argued that enhanced oil recovery using CO2, natural gas, surfactants, and other methods could extend Bakken production for decades, but that the state needs more CO2 supply, better storage, and updated tax and regulatory incentives. Members asked about lateral lengths, CO2 availability, pipeline impacts, and the role of the Strategic Petroleum Reserve, and Ness emphasized that the projects are intended to share technical learning across operators and attract follow-on investment. The Bank of North Dakota then presented its compliance report and strategic update. President Don Morgan said the bank’s mission remains to support North Dakota agriculture, commerce, and industry while cooperating with the state’s financial sector. He reviewed the bank’s main business lines: participation lending with community institutions, student loans, disaster lending, mission-based programs, and a new fintech-focused effort. Morgan said deposits are flattening, so the bank is managing balance sheet growth carefully, while still reporting improved net income and strong efficiency. He also introduced Rough Rider Coin as a bank-to-bank payment rail, not a public cryptocurrency, intended to speed and modernize payments within North Dakota’s banking and credit union system. Committee members asked about student loan eligibility, disaster program use, and how credit lines and liquidity would be affected if deposits shrink.