Video & Transcript Research : 'loan restructuring'
Page 72 of 239
TX
Transcript Highlights:
- members, Senate Bill 845 relates to the eligibility of social workers for the Homes for Texas Heroes loan
- program, excuse me, which provides down payment assistance as a grant or as a forgivable second lien loan
- Generally, Senate Bill 845 would add licensed social workers to the Homes for Texas Heroes loan program
- They also have to qualify for a mortgage loan.
- types, so they would need to meet the qualifications for a mortgage loan.
Bills:
SB 250, SB 375, SB 536, SB 845, SB 1633, SB 1944, SB 1957, SB 2081, SB 2137, SB 2262, SB 2299, SB 2419, SB 2452, SB 2522, SB 2549, SB 2594, SB 2605, SB 2631, SB 2639, SB 2675, SB 3029, SJR 60, HB 22, HB 1392, HB 2525
Keywords:
municipal annexation, railroad, adjacent areas, local government, property rights, healthcare provider, Harris County Hospital District, hospital funding, healthcare services, public health program, home loans, nurses, veterans, public servants, Texas Heroes program, low-interest loans, social workers, housing assistance, SB 1633, Texas Tax Code
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Housing Jun 21st, 2026 at 01:00 pm
Joint Committee on Housing
Transcript Highlights:
- would authorize up to $100 million in new bonding to capitalize a social housing production revolving loan
- So very few loan products actually exist.
- So even when these loans are available, key barriers remain.
- and not get the loan in the first place.
- Our history of redlining, home buying programs, favorable loan conditions, government incentives, and
Summary:
The Joint Committee on Housing opened a hybrid hearing focused on housing production bills, with Chairs Julian Cyr and Rich Haggerty emphasizing Massachusetts’ housing shortage and the need to produce more than 200,000 units over the next decade. The committee then heard testimony on a wide range of proposals, including social housing, starter homes and the “missing middle,” accessory dwelling units (ADUs), single-stair residential buildings, permanent affordability homeownership, and housing for people with disabilities. Several witnesses framed the bills as tools to expand supply, lower costs, and address racial and generational wealth gaps.
Representative Connolly testified for H. 1478 on the Massachusetts Social Housing Program, describing publicly owned, mixed-income housing financed through a revolving loan fund. Senator Feeney testified for S. 989 on missing middle starter homes, arguing for zoning changes, incentives, and affordability tools to support smaller starter homes and duplexes, triplexes, and fourplexes. Multiple witnesses, including housing advocates, real estate representatives, and local officials, supported the ADU trust fund bill and the single-stair study bill, saying they would reduce barriers, support homeowners, and enable more family-sized and infill housing. Some witnesses opposed bills they said would weaken ADU reforms or add new restrictions, while others urged broader deregulation to speed production.
A major portion of the hearing focused on H. 1576/S. 1010, the Homes for Lasting Affordability bill, which would create a permanent affordability homeownership program for low- and moderate-income buyers and support small developments with long-term affordability restrictions. Testimony from community land trust leaders, legislators, and housing advocates emphasized that permanent affordability can preserve public investment, stabilize neighborhoods, and help families build wealth over generations. Senator Miranda and Representative Worrell tied the bill to closing the racial wealth gap and expanding access to homeownership for Black and Latino residents. The committee also heard testimony on S. 971, which would reform the Housing Development and Incentive Program to require more affordability in Gateway City projects.
The committee additionally heard from Senator Kennedy and disability advocates on S. 1004, which would strengthen the Alternative Housing Voucher Program for people with disabilities by codifying project-based vouchers and aligning the program more closely with other voucher systems. Witnesses described long waitlists and the lack of accessible, affordable units as major barriers that can lead to homelessness or unnecessary institutionalization. No votes were taken during the hearing; the session was devoted to testimony and questions from committee members.
TX
Texas 89th 2nd C.S.
89th Legislative Session - Second Called Session Aug 21st, 2025
Texas House Floor Meeting
Transcript Highlights:
- Senate Bill 2 widens the Texas disaster loan program so that the tiniest of businesses can get help.
- , a zero-interest loan payable over 30 years. ...financing from the Texas Water Development Board that
- would have provided a $50,000 grant and a $950,000 loan, a zero-interest loan payable over 30 years.
- It would authorize grants, low-interest-rate loans, financial incentives for emergency communications
- Well, grant, there's also low-interest loans. Low-interest loans.
Keywords:
youth camps, emergency preparedness, safety standards, health regulations, camp licensing, disaster preparedness, emergency management, flooding, mass fatality, mass casualty, fatality tracking, body recovery, autopsy, justice of the peace, medical examiner, county judge, sheriff, mayor, emergency coordinator, emergency manager license
Summary:
The House convened in special session with a gubernatorial proclamation adding subjects related to penalties for legislators who absent themselves, ivermectin access, and groundwater study authority. The chamber also handled routine motions, committee scheduling, and first-reading referrals before moving to the main floor calendar focused largely on disaster response and public safety legislation. The central theme throughout the day was the July 4 flooding and related tragedies, with repeated references to families of victims and the need for stronger preparedness and prevention measures.
House Bill 1, on youth camp emergency plans and preparedness, was the most emotional and heavily amended measure. Members adopted changes requiring annual emergency plans for resident youth camps, staff training, parent notification, evacuation maps, floodplain-related disclosures, restrictions on sleeping quarters in flood-prone areas, and funding for enforcement. One proposed amendment to require air conditioning or heat in sleeping quarters failed, while another amendment on floodplain restrictions passed after debate over floodplain versus floodway language. HB 1 ultimately passed the House 136-1 on second reading and later 135-1 on final passage.
Senate Bill 2 / House Bill 2 on disaster preparedness, response, and recovery also advanced after extensive discussion. The bill creates training for justices of the peace in mass-fatality events, establishes an emergency manager licensing system, sets local succession procedures, creates a statewide volunteer management system, authorizes drone interdiction in disaster zones, expands disaster loan eligibility, and adds review and planning provisions for certain infrastructure and weather-related issues. Members debated the scope of the training, drone impacts on press coverage, volunteer registration, and infrastructure-related amendments; some proposals were adopted and others tabled or withdrawn. SB 2 passed the House 130-4 on third reading and later 132-4 on final passage.
The House also passed House Bill 3 creating the Texas Interoperability Council and a grant program for emergency communications equipment, House Bill 20 addressing disaster-related scams and fraudulent charitable solicitations, House Bill 22 expanding allowable uses of the broadband infrastructure fund for emergency communications, and Senate Bill 5 providing supplemental appropriations for disaster relief, including funds for local warning systems and weather monitoring. Each of these bills passed overwhelmingly, with only one or a few dissenting votes, and members repeatedly emphasized the need to improve coordination, communications, funding, and fraud prevention in the wake of recent disasters.
HI
Hawaii 2025 Regular Session
WAM, WAM, WAM DEFER Public Hearings 04-03-2025
Transcript Highlights:
- Removing the language for the Hawaii Startup Business Loan Program and Hawaii Startup Business Loan Program
- <00:19:32.559>
Program the Hawaii Startup Business Loan Program the Hawaii Startup Business - Loan Program and<00:19:33.120>
Hawaii <00:19:33.520>Startup <00:19:33.919>Business< - /c><00:19:34.160>
Loan <00:19:34.480>Program and Hawaii Startup Business Loan Program and - Hawaii Startup Business Loan Program Special<00:19:35.200>
Fund.
Summary:
The committee heard testimony and then took up House Bill 1369, which would repeal several tax credits and exemptions, including the renewable fuels production tax credit. Testimony was overwhelmingly opposed: Hawaii Gas, the Hawaii Renewable Fuels Coalition, and the Tax Foundation all raised concerns, with opponents arguing the renewable fuels credit has supported major local investment, cleaner fuel production, and energy resilience, while Hawaii Gas warned repeal would raise costs for customers. The Department of Taxation said it did not take a position but provided revenue estimates, saying the bill would increase revenues by about $33.8 million in FY 2026 and $121.7 million in FY 2027; DBEDT said it would follow up on broader economic impacts. The chair proposed a series of amendments that removed some repeals, added five-year sunsets to certain exemptions, narrowed or conditioned others, and tied the renewable fuels exemption to a dollar-for-dollar match for renewable fuel production certified by the state energy officer. The committee recommended passage with amendments, and the motion was adopted with multiple members voting with reservations.
The committee then moved through a series of other measures. HB 159, HB 244, HB 280, HB 316, HB 716, HB 1298, and HB 1295 were recommended for passage, with HB 1295 amended to change a date to 2050. HB 455 was amended to remove the Hawaii Startup Business Loan Program language and instead fund DBEDT contracting for startup financing and support, excluding businesses already eligible for the community-based economic development loan program. HB 504 was amended to add non-recurring appropriations for the Hawaii Tourism Authority, conditioned on formal commitments to purchase local products under the HRS 27-8 timeline; members discussed the cruise passenger tax and where the revenue would go, and the bill was passed with amendments.
HB 606 was amended to recognize DHHL authority over mercantile projects licenses, remove some reporting requirements, and replace the appropriation with $25 million for mercantile projects and $25 million for repair and maintenance. HB 1378 was amended to allow the foundation to enter public-private partnerships, adjust appropriation language, and cap a proposed limit at $15 million, with the committee noting the changes addressed concerns raised in testimony from BNF and the attorney general. HB 974 was deferred indefinitely because the House had already passed SB 1501. Finally, HB 1007 was amended to rename the transit-oriented development infrastructure district program as the transit-oriented community improvement program, consolidate the boards into one, expand board membership, add conflict-of-interest provisions, and allow legislative designation of areas; after discussion about HCDA’s role and the stadium district, the measure was adopted with one reservation.
MN
Minnesota 2025 1st Special Session
House Commerce Finance and Policy Committee 2/12/25
Commerce Finance and Policy
Transcript Highlights:
- In your testimony, what you said is the department proposing regulating these as a loan?
- In your testimony, what you said is the department proposing regulating these as a loan?
- In your testimony, what you said is the department proposing regulating these as a loan?
- You'd made a comment about the stability of payday loan institutions and whatnot.
- lump it into the term of a payday loan lump it into the term of a payday loan seems<01:07:08.079
TX
Texas 89th Regular
S/C on Family & Fiduciary Relationships Mar 31st, 2025
S/C on Family & Fiduciary Relationships
Transcript Highlights:
- A loan would have to determine, at the time of making the loan, whether you had outstanding child support
- But the child support obligation could come after the loan was granted.
- Well, no, I mean, it would be created, for example: I get the loan for my house today, and then I have
- Child support is owed after you made the loan, and then later on, the child is born.
- the bill were passed, the child support obligation would still the lien even if they came after the loan
Keywords:
electronic devices, family violence, criminal prosecution, protective orders, tracking, harassment, family allowance, decedent's estate, surviving spouse, minor children, inheritance, child support, maintenance, HB 1734, Family Code, Section 155.207, suit affecting the parent-child relationship, SAPCR, continuing exclusive jurisdiction, jurisdiction transfer
MS
Mississippi 2026 Regular Session
Business and Financial Institutions - Room 409, 2 February, 2026; 2:00 P.M.
Business and Financial Institutions
Transcript Highlights:
- Uh, a pawn loan is for 60 days. This doesn't have anything to do with a loan.
- This doesn't a pond loan is for 60 days.
- <00:04:45.840>
It's have anything to do with a loan. - It's have anything to do with a loan.
- It's a fee of $10, up to $10 max, on loans of $100 or more.
Summary:
The committee first took up Senate Bill 2725, which would shorten the required hold period for pawn brokers on precious metal coins and bullion from 21 days to 3 days, change fingerprinting renewal from annually to every three years to match FBI requirements, and make a technical address update. The sponsor and a Mississippi Pawn Brokers Association representative said the change was needed because gold and silver prices are volatile and pawn brokers are disadvantaged compared with jewelry stores. After questions about whether the bill affected pawn loans, the committee adopted a do pass motion and passed the committee substitute.
Next, Senate Bill 2530 on perpetual care cemeteries would raise the trust-fund threshold from $50,000 to $75,000 and allow longer-term CDs so cemetery funds can earn more interest. Members discussed Secretary of State oversight, annual reporting, and the fact that only interest, not principal, may be used for cemetery care. The committee then moved the bill out with a title sufficient do pass recommendation.
The committee also considered Senate Bill 2712, which would allow small lenders to charge up to a $10 fee for insurance in lieu of filing a UCC on certain collateralized loans. It was described as a way to reduce costs and follow guidance from the Department of Banking and Consumer Finance, and it was passed out on a do pass motion. Senate Bill 2714, a major unclaimed property bill, drew extended discussion about creating a legal process for abandoned safe deposit boxes: banks would inventory contents with a notary and two officers, notify owners and heirs, transfer contents to the Treasurer after notice periods, and allow the Treasurer to auction items while preserving proceeds for claimants. Members raised concerns about notice methods, privacy, wills and other documents, and whether first-class mail should be changed to registered mail; the committee adopted a conceptual amendment to use registered mail and added a reverse repealer, then passed the bill out.
Finally, Senate Bill 2732 was introduced to combat identity theft by allowing a child’s credit to be frozen at birth through a form provided with the birth certificate. The sponsor said the bill is aimed at protecting minors from fraud and noted that credit freezes and unfreezes are free. The discussion was brief, and the bill was presented as a consumer protection measure for children.
HI
Hawaii 2025 Regular Session
CPN DEFER, CPN Public Hearings 02-04-2025
Commerce and Consumer Protection
Transcript Highlights:
- recommendations, which delete unnecessary sections of the HEMK statute, clarify that the condominium Loan
- instead amend section five of the bill by converting the general fund appropriation in the bill to a loan
- <00:01:55.360>
is <00:01:55.479>in <00:01:55.600>the that the condominium Loan - It also establishes the Veterinarian Workforce Development loan repayment and scholarship program to
- It also establishes the Veterinarian Workforce Development loan repayment and scholarship program to
Summary:
The Hawaii State Senate Committee on Commerce and Consumer Protection held decision-making and hearing sessions on February 4, 2025, covering a range of bills on public funds, cremation contracts, condominium insurance, insurance protections, veterinarians, landlord-tenant issues, agriculture, sex offender licensing restrictions, and service animals. In decision-making, SB 69 on deposits of public funds was passed with a defective effective date, SB 525 on cremation service contracts was deferred for later work on a concurrent resolution, SB 805 on condominium insurance was passed with amendments incorporating Attorney General recommendations, and SB 1141 on insurance protections was passed with amendments expanding the bill to catastrophic disasters and adding insurer response and loss-run reporting requirements. All of those measures were adopted by committee votes, with some members excused.
During the hearing portion, SB 493 on veterinarians drew mixed testimony: state agencies and animal welfare groups supported efforts to create a workforce development fund and scholarship/loan repayment program, while the Hawaii Veterinary Medical Association opposed the bill as written, arguing the board lacked capacity to administer the program, suggesting more WICHE funding instead, and objecting to new licensing fees. SB 606 on online business registration received comments from DCCA, SB 822 on landlord-tenant injunctions drew opposition from HPD and comments from the Judiciary, and SB 825 on eviction mediation received broad support from mediation advocates, the Judiciary, and others. Other measures heard included SB 276 on false labeling of Hawaii-grown roasted coffee, SB 1293 on tenant recovery in disaster areas, SB 1369 on solvency reporting for insurers and mutual benefit societies, and SB 1373 on automatic license actions against registered sex offenders, which received support from DCCA and several licensing boards.
The committee also heard SB 1493 on emotional support animals, where the Attorney General raised constitutional and enforcement concerns, while disability advocates and others supported the bill and suggested clearer enforcement and disclosure language. SB 1662 on landlord application fees was also heard with comments from Hawaii Realtors and support testimony from individuals. In the later decision-making session, SB 493 was passed with amendments removing the proposed licensing fees and blanking appropriations, while SB 606 was deferred. SB 822 was passed with amendments adopting Judiciary recommendations, adding a Judiciary-facilitated working group to review the landlord-tenant code, and setting a defective effective date of July 1, 2050.
MN
Minnesota 2025 1st Special Session
House OKs nearly $4 billion higher ed budget that would offset state grant program deficit 4/28/25
Minnesota House Floor Meeting
Transcript Highlights:
- to across the aisle, and the egg educator loan forgiveness program got a very small cut, $10,000 cut
- forgiveness program got a small uh loan forgiveness program got a small cut<01:11:30.000>
again - <01:11:33.840>
forgiveness the egg educator loan forgiveness the egg educator loan forgiveness - payments and even restart student loan payments and even today<01:22:40.320>
the <01:22:40.639 - Uh, it is especially around preserving the large animal loan forgiveness program and the agriculture
MS
Mississippi 2026 Regular Session
Appropriations - Room 409, 22 January, 2026; 1:30 P.M.
Appropriations
Transcript Highlights:
- , loan processing, loan<01:58:41.760>
servicing, <01:58:42.880>and <01:58:43.360>uh< - /c><01:58:43.679>
have <01:58:44.000>salaries loan servicing, and uh have salaries loan - We did 66 loans last well on loans.
- If I were to go out and find a loan processor or loan server on the open market, it's 35 to 40,000.
- They've never processed a loan. Some of them might not even have a mortgage loan.
Summary:
The committee first heard from the Mississippi Auctioneer Commission, which requested level funding. PJ Lindsay reported the agency granted 29 new auctioneer applications and 9 new firm applications, received 3 complaints, resolved 1, signed 1 consent order, and issued 1 suspension. Members questioned the commission about its cash balance, reserve levels, and a large variance between prior spending and the FY26 request; staff explained the difference was tied to technology and contractual costs, including planned computer system updates and out-of-state conference travel for board members. The commission also noted that auctioneering oversight is important because an estimated $4.5 billion will flow through Mississippi escrow accounts in 2025.
The Board of Optometry then presented its budget and organizational changes. Board leaders said the board had transitioned away from a state employee model to a management company arrangement with JBAR/Cornerstone, which they said saved about $43,000 and improved service and efficiency. They described the creation of a licensing database and a new back-end system, and said the board was generally seeking level funding with a small increase for computer equipment tied to the new system. Committee members asked about the impact on PERS contributions, the former employee’s retirement, the board’s cash balance, lease arrangements, and whether licensees had complained; the board said the change required legislative approval, the former employee retired, the cash balance was about $399,900, and service complaints had decreased.
The Mississippi Board of Licensure for Engineers and Surveyors reported a busy FY2025, including moving most licensure applications online, accepting supporting documents by email, expanding K-12 and college outreach, hosting student interns, visiting ABET-accredited schools, decoupling the surveyor exam registration process, and awarding about $400,000 in grants to engineering programs. The board said it licenses about 15,000 engineers and surveyors plus 8,500 interns, with most registrants from out of state, and that its fees are among the lowest nationally. For the budget, the board requested level funding overall but also sought a new investigator position, 5% salary progressions, increased travel funding for national meetings and STEM outreach, more contractual money for internships and IT modifications, additional supplies, and restoration of a $600,000 grant program that is funded every other year to support university and community college engineering and surveying programs. The board said its operations are supported by fees and that its cash balance is about $1.6 million.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Mental Health, Substance Use and Recovery Jun 21st, 2026 at 01:00 pm
Joint Committee on Mental Health, Substance Use and Recovery
Transcript Highlights:
- in support of House Bill 2205 and Senate Bill 1385, which propose to expand the existing MA Repay loan
- Which propose to expand the existing MA Repay loan program as it applies to the eligibility of primary
- We know that loan repayment programs are a great recruitment and retention tool for physicians.
- Loan repayment programs are a great recruitment and retention tool for physicians.
- Most of them either want loan reimbursement or to go somewhere else.
Summary:
The Joint Committee on Mental Health, Substance Use, and Recovery held a public hearing on 17 bills focused on behavioral health workforce shortages, studies, and commissions. Chairs Mindy Domb and Senator John Velis opened by emphasizing the severity of the Commonwealth’s mental and behavioral health workforce crisis, the resulting gaps in access to care, and the legislature’s ongoing use of loan repayment programs, studies, and commissions to address these issues. They outlined hearing procedures and noted that testimony would be limited to three minutes, with written testimony also accepted.
A major portion of the hearing focused on bills to expand the primary care workforce, including H. 2205/S. 1385, which would broaden eligibility for the Mass RePay loan repayment program. Testimony from the Massachusetts Medical Society, Senator Jo Comerford, and Dr. Kate Atkinson described severe primary care shortages, long wait times, physician burnout, high debt burdens, and the need to recruit and retain physicians in more practice settings and regions. Committee members asked about the likely impact of loan repayment, the role of nurse practitioners and physician assistants, and how to prioritize limited funding. Witnesses argued that primary care investment improves access and outcomes and that the bill would help sustain community-based practices.
Another large block of testimony supported H. 2208/S. 1411, the proposed perinatal behavioral health care workforce trust fund, often referred to as the Moms Matter Act. March of Dimes, perinatal mental health advocates, doulas, clinicians, parents, and organizations such as the Boston Public Health Commission and Empty Arms Bereavement Support testified that postpartum depression, anxiety, substance use, and grief are widespread, often untreated, and worsened by long waitlists and a shortage of trained, culturally competent providers. Speakers repeatedly stressed that screening alone is not enough without a workforce to provide timely treatment, and several shared personal stories of postpartum illness, loss, and difficulty accessing care. The bill was also framed as a needed complement to the Commonwealth’s recent maternal health law, which increased screening and therefore increased demand for treatment.
The committee also heard support for the Bridge Act, H. 2207/S. 1388, which would create mental health capacity grants for organizations serving communities at high risk of hate crimes or hate incidents. Testimony from the Jewish Community Relations Council and the bill’s sponsor described the mental health harms of hate, including anxiety, trauma, isolation, and loss of trust, and argued that community organizations need resources to build resilience and provide support. In addition, the committee heard from the Massachusetts Mental Health Counselors Association on H. 2218/S. 1380, which would update job classifications to explicitly include licensed mental health counselors and licensed supervised mental health counselors in state behavioral health roles. Witnesses said the change would modernize hiring, expand access, and better reflect current licensure and scope of practice. No votes were taken during the hearing, and the session ended with a motion to adjourn after all testimony was completed.
ND
North Dakota 2026 1st Special Session
Budget Section Commerce and Legal Service Division Mar 18th, 2026 at 01:00 pm
Transcript Highlights:
- The North Dakota Development Fund administers a low-interest loan program supporting the establishment
- For some historical perspective, 141 child care loans have been issued, totaling a little over $16.6
- Obviously, as portfolio companies pay off their loan, it's harder to track those numbers to know where
- The current capacity that we're supporting through the 43 active loans is 3,754, a capacity that we've
- rate on those loans?
Summary:
The Budget Section’s Commerce and Legal Services Division met to review the Department of Commerce base budget for the 2027-29 biennium and to receive an update on Commerce programs. Legislative Council staff first walked the committee through the “blue sheet” base budget summary, explaining the major line items, the large share of federal grant authority in Commerce’s budget, and the continuing appropriations that support several Commerce funds. Members asked how grant funding is coordinated across agencies, and staff said collaboration varies by program but is strong in areas like UAS and LIHEAP.
Commerce Commissioner Chris Schilken then presented on current activities, focusing heavily on grant administration, transparency, and economic development programs. Members questioned how grant applicants are selected, whether Commerce tracks applications and return on investment, and how long grant awards take to reach recipients. The commissioner said Commerce uses scoring criteria, outside reviewers, a minimum 30-day application window, and typically completes awards within two to three months. A lengthy exchange followed over whether Commerce should open some grants only to intended recipients versus running competitive application processes; Commerce said it follows best-practice grantmaking and that its attorney in the Attorney General’s office approved that approach.
Commerce also highlighted the North Dakota Development Fund, citing long-term investment and job creation results, examples such as Red Trail Energy, Packet Digital, Valiance, Corvent Medical, child care loans, and the Automate ND program. Members asked about acceptable failures, lessons learned, regional economic development coordination, and the expansion of the fund into non-primary sectors. Workforce Director Katie Ralston Howell then outlined a statewide workforce ecosystem review, a new governor’s workforce sub-cabinet, and three task forces focused on simplifying entry, warm handoffs, and data integration. She discussed the in-demand occupations list, Workforce Pell, apprenticeships, and efforts to better connect students with employers and higher education. Commerce also briefly reviewed housing programs and a new housing sub-cabinet. No votes were taken; the committee simply received testimony, asked questions, and adjourned after setting up the next meeting to hear the Attorney General budget in June.
VT
Transcript Highlights:
- Such loans and investments are not common.
- group has such authority, but any loan group has such authority, but any loan or<00:19:31.840>
list of any state grants or loans list of any state grants or loans received<00:43:48.800>- Such loans and commissioner's approval.
- Such loans and investments<00:19:36.480>
are <00:19:36.720>not <00:19:37.039>common. for
Summary:
The House opened with devotional remarks from Representative Greer focused on perspective, kindness, and the idea that people “earn” respect and love through shared humanity. After that, the chamber suspended rules to introduce 17 House bills by number only, and adopted JRS 3 in concurrence, setting a joint assembly for Tuesday, January 20, 2026 at 1:00 p.m. to receive the governor’s budget message. Several announcements followed, including birthday wishes, a note about the new federal whole milk for schools law, guest introductions, and caucus notices.
The House also approved committee transfers for H.393, an act relating to the prohibition of requiring face masks in schools, moving it from Education to Healthcare, and H.334, an act relating to limiting employer restrictions on individuals separating from employment, moving it from General and Housing to Commerce and Economic Development. The chamber then took up H.649 on captive insurance companies. The Commerce and Economic Development Committee explained that the bill, based on Department of Financial Regulation proposals, would prohibit risk retention groups from lending to or investing in members or affiliates, require annual and quarterly filings in NAIC form with a jurat page and actuarial certificate, and create new filing requirements for sponsored captive protected cells. The committee reported unanimous support, and the House amended the bill and ordered third reading.
The House next considered S.60, establishing a Farm Security Special Fund. The Agriculture, Food Resiliency, and Forestry Committee and Appropriations described the bill as a response to repeated weather-related losses affecting farms and forestry operations, including flooding, freezes, drought, and other extreme events. The House version adds forestry and changes assistance from grants to payments to make aid faster and less cumbersome. The program would be administered by the Agency of Agriculture, Food and Markets, with a review board and payments of up to 50% of uncovered losses, capped at 5% of annual appropriations and $150,000 per application. The committee testimony emphasized the need for a permanent, predictable state relief mechanism, and the bill was advanced with strong support.
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Jan 12th, 2026 at 01:34 pm
House Appropriations & Finance
Transcript Highlights:
- On page 11, this is Opportunity Enterprise Board loan terms.
- The max loan we can give is 17.5 million. We do have an equity requirement of 10.
- We look for debt service coverage of 1.35, a minimum loan-to-value of 85.
- When do we expect to start seeing some of the loan money being repaid? Mr.
- So, I would say repayment of loans will probably take place in the next couple of years.
MN
Minnesota 2025-2026 Regular Session
Committee on Jobs and Economic Development - 03/10/25
Jobs and Economic Development
Transcript Highlights:
- We have also done lots of, um, creating of things like revolving loan funds.
- Miss Schaefer: We have also done lots of, um, creating of things like revolving loan funds.
- Miss Schaefer: Um, we have also done lots of, um, creating of things like revolving loan funds.
- from the federal level or revolving loan from the federal level or revolving loan funds<00:31:11.120
- <00:48:33.640>
with offers small and mediumsized loans with offers small and mediumsized loans
MN
Minnesota 2025 1st Special Session
Committee on Agriculture, Veterans, Broadband and Rural Development - 02/17/25
Agriculture, Veterans, Broadband, and Rural Development
Transcript Highlights:
- the uh meat processing intermediate Loan the uh meat processing intermediate Loan program<00:07:
- It's a reimbursement grant, so we went out and got a loan, or a temporary loan, to cover everything.
- a loan or a temporary<01:02:50.760>
loan <01:02:51.440>to <01:02:51.799>cover <01 - with off our loan our temporary loan<01:03:17.119>
um <01:03:17.680>so <01:03:18.680>- We went and took out another $200,000 loan because of it to cover our expenses.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration May 20th, 2026
Transcript Highlights:
- That would be the construction loan loss guarantee.
- That would be the construction loan loss that would be established as part of the initial fund.
- That would be the construction loan loss guarantee.
- And with respect to the construction loan loss guarantee, that loan loss guarantee would be in place
- Here to support the request for the Student Loan Empowerment Network.
Summary:
The committee opened with the State Controller’s Office May Revision requests, including funding for Fiscal book-of-record stabilization, a Broadcom IDMS licensing adjustment, the California State Payroll System, ACFR reporting automation, and $3 million for unclaimed property outreach. Testimony emphasized progress on Fiscal becoming the state’s accounting book of record in July, faster ACFR publication, and the move to electronic unclaimed property claims. Members asked about the size of the unclaimed property fund and how quickly money is transferred to the General Fund; the Controller’s office said about $15 billion is held, with most excess transferred regularly, and the LAO noted the fund is the General Fund’s fourth-largest revenue source. No concerns were raised by Finance or the LAO, and the item was closed after no public comment.
The committee then heard the administration’s proposal to tax prewritten digital software and software-as-a-service, with Finance saying it would modernize sales tax treatment and raise an estimated $450 million General Fund and $560 million local revenue in 2026-27. The LAO supported modernizing the tax but suggested broader digital goods coverage and a business-use exemption; industry and taxpayer groups opposed the proposal, warning of higher costs for consumers and businesses. Members also heard CDTFA’s administrative request tied to the proposal, plus a separate CDTFA budget reduction reflecting lower operational needs; that reduction was presented as a savings item and drew positive reactions.
Next, the committee considered federal conformity for “Trump accounts,” which would align California tax treatment with federal rules for tax-deferred children’s accounts and avoid tracking burdens for families. The LAO recommended approval, and the item drew no opposition. The committee also heard a proposal to cut the first-year $800 annual business tax to $400 for LLCs, LPs, and LLPs; Finance argued it would lower startup costs and encourage new business formation, while the LAO said the benefit was not well targeted and could subsidize entities that would form anyway. Members discussed the policy tradeoff, and public commenters split between support for small business relief and concern about revenue loss.
The final major revenue item was a permanent business tax credit limitation, capping credits at the greater of $5 million per corporation or 50% of pre-credit liability, while excluding the low-income housing tax credit and personal income tax credits. Finance said it would raise significant revenue from large profitable corporations, and the LAO said it was a reasonable option but noted it would mainly affect the R&D credit and could have future implications for programs like California Competes. Public testimony was sharply divided, with business groups opposing the cap and anti-poverty advocates supporting it as a way to recapture revenue. The committee also heard FTB’s CalFile realignment request, which would return most of the direct-file-related resources to the General Fund while retaining a smaller staff to improve CalFile, and the California Arts Council’s request to reauthorize the Keep Arts in Schools voluntary contribution fund, which members and advocates supported despite relatively modest annual donations. The hearing continued with GoBiz proposals on civic media funding, CA RISE reappropriation, and a semiconductor facility reversion, with the LAO supporting the latter two and members raising questions about the civic media program’s scope, outreach, and inclusion of broadcast and ethnic media.
WY
Transcript Highlights:
- as approved by or as requested by a majority of the State Loan Investment Board.
- <00:25:56.320>
Section LSR um grant instead of a loan. - Section LSR um grant instead of a loan.
- <00:26:09.200>
Section <00:26:09.679>314 loan investment board. - Section 314 loan investment board.
Keywords:
911 services, emergency response, grant funding, next generation technology, government accountability, public safety, mental health, detention, competency evaluation, treatment, contractual agreements, Wyoming, budget, funding, education, wildfire prevention, healthcare, community colleges, grants, economic development
AR
Arkansas 2026 1st Special Session
LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES Feb 12th, 2026
LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES
Transcript Highlights:
- And you can't loan money. You're not a bank. That's right.
- And you can't loan money. You're not a bank. That's right.
- programs over there, like this safe drinking water loan program and others.
- And I believe— Like this safe drinking water loan program and others.
- And I believe most of the time, prior to them making loans, they require an audit report.
Summary:
The committee began with prayer and approval of the January 8 minutes, then received updates on delinquent private water and sewer reports. Staff reported that for the 2022 reports, 19 of 43 entities had had their turnback reinstated, while 24 remained in escrow; for the 2023 reports, 59 of 64 entities had filed, leaving five outstanding. The committee also filed a report on Adona, where staff said the city had made enough progress toward substantial compliance with municipal accounting laws to discontinue withholding turnback, and the committee adopted that recommendation.
The bulk of the meeting focused on municipal accounting noncompliance cases. Gum Springs and Denning were presented with extensive repeat findings involving budgets not adopted by ordinance or resolution, missing or incomplete bank reconciliations, inadequate receipts and disbursement records, payroll issues, and improper handling of Act 833 funds or other city money. Both cities’ mayors and recorders-treasurers testified about efforts to correct records, obtain training, and work with the Municipal League; the committee voted to start the 60-day turnback-withholding clock for both and then filed the reports. Fargo was deferred because no city representative was present.
Additional reports included Green Forest, Elaine, Strong, Brooklyn, Mineral Springs, Rondo, Waldo, Columbia County, and several private water and sewer entities. Strong drew significant concern over missing garbage-bag revenue, improper fund transfers, and deficit balances; the committee deferred that report to the March meeting. The committee also heard investigative or referred reports on the Faulkner County Fair Association, Brooklyn payroll direct-deposit fraud, and other entities with questionable disbursements or recordkeeping. In several cases, staff recommended filing the reports after responses were received; in others, the committee deferred action when responses were lacking or representatives were absent. The meeting ended with a motion to defer a Cross County Rural Water matter so the entity could appear at the next meeting.
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Nov 3rd, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- who's back there, manages both these two departments, as well as the Drinking Water State Revolving Loan
- And loans from to hire technical assistance providers to help our water systems.
- The Finance Authority will actually make the grants and loan approvals in May.
- . ...all of the final grants and loans.
- So it was intended to be a three-year kind of look to actually close on those grants and loans.