Transcript Highlights:

• The Lease Assistance Award will help pay for rent and lease obligations for these schools.
• Item 5A in your books this morning is the FY26 Lease Assistance Awards.
• The lease issue: the district and the Pueblo of Milwaukee have executed a lease for a tract of land owned
• We don't want to be in a lease basis. We want to make this permanent.
• And if not, it would roll into a 99-year lease.

Committee: House Public School Capital Outlay Oversight Task Force

Transcript Highlights:

• We have two leases. One is a new >> Hello. We have two leases.
• We have two new leases and a lease modification requiring action.
• I have two new leases today and a lease modification.
• We have two new leases and a lease modification requiring action.
• I have two new leases today and a lease modification.

Summary: The committee first handled routine business, including roll call, approval of the July minutes, and several informational reports. Those reports included a University of Kentucky restricted-fund medical equipment purchase for Chandler Hospital, debt issues for five school districts, Eastern Kentucky University’s planned model laboratory school using construction management risk delivery, a Division of Real Properties lease advertisement, Kentucky Communications Network Authority quarterly project reports, and EKU asset preservation revisions. Members then heard and approved a new UK St. Clair Urgent Care Clinic lease in Morehead and an amendment expanding space for the UK Family and Community Medicine Clinic at Turflin Clinic. Testimony explained that both properties are privately owned, the Morehead lease predated the UK/St. Clair arrangement, and the Turflin Clinic is tight on space. The committee also approved three new projects and an appropriation increase: two Department of Military Affairs projects, a Window Ford Training Center underground electric project and a Williamsburg Readiness Center interior repair project, a Fish and Wildlife property acquisition adjoining Veterans Memorial Wildlife Management Area, and an $8.113 million increase for the Department of Revenue integrated tax system (DORIS). The DORIS increase was described as needed for change orders tied to legislation and to complete the unified tax system. The committee next reviewed no-action items, including a $3 million emergency flood-damage repair project for the Bush Building and Vest-Lindsay House in Frankfort, and three pool projects over $1 million: a Kentucky Correctional Institute for Women window replacement phase 2 project, a Department of Criminal Justice Training interior refurbishment at Thompson Hall, and the Muddy Gut Branch stream mitigation project in Johnson County. The flood project was confirmed to be fully reimbursed by insurance proceeds. Finally, the Kentucky Infrastructure Authority presented six loans and nine grants. Action items included water and sewer financing for Cumberland County, Lebanon, Northern Kentucky Water District, Lewisport, and Providence, plus a major Taylor Mill treatment plant project and several cleaner water grants and reallocations. Members asked about loan rates, local rate increases needed to repay debt, and the Providence emergency water interconnect; staff explained that Lewisport had begun a rate increase process, and that the Providence project would connect Webster County Water District and the city of Providence to stabilize pressure after a systemwide failure. All action items were approved.

Transcript Highlights:

• of days that actually are included in the lease when the lease ends partway through the month.
• the lease instead of at the end.
• lease when the<00:21:01.760><c> lease</c><00:21:02.000><c> ends</c><00:21:02.320><c> partway</c><00:
• 21:02.799><c> through</c><00:21:02.960><c> the</c> the lease ends partway through the the lease ends
• Um but again, having the leases.

Bills: HF2740 , HF2901 , HF4443 , HF3943

Committee: House Housing Finance and Policy

Transcript Highlights:

• So, a project lease is a lease that is, it's a paper lease.
• leases?
• </c><01:07:46.640><c> the</c><01:07:46.880><c> area</c> lease or homestead lease for the area lease or
• </c> project lease also. project lease also.
• So they got a lease, a homestead lease, with that area also. >> Okay. And they're all leases.

Summary: The Act 279 working group met for an informational briefing with DHHL on its use of the $600 million appropriation and progress on the department’s implementation plan. The chair reviewed the working group’s oversight role, noting that it was created to monitor expenditures, project development, and progress toward reducing the Hawaiian Homes waitlist, and that the group must submit a progress report before the 2026 session and a final report before the 2027 session. DHHL said it had provided an updated booklet reflecting the Hawaiian Homes Commission’s February 2024 recommendations and a detailed accounting of encumbrances and project progress across the islands. DHHL highlighted several implementation themes: innovative financing and construction methods, land acquisitions and exchanges, technology, beneficiary services, and partnerships with counties and private entities. The department described a “project lease” model that gives beneficiaries access to a project rather than a specific lot, with options such as turnkey homes, owner-builder, self-help, or rent-to-purchase arrangements depending on financial qualification. Officials said this approach is intended to serve lower-income beneficiaries, expand access for people on the waitlist, and allow beneficiaries to receive support services such as financial literacy and down payment assistance. The department reported that roughly $511 million had been encumbered for infrastructure, about $152.8 million for acquisitions, financing, and beneficiary services, and about $36 million in other covered costs, with about $588.9 million encumbered as of December 31 and about $120 million expected to be spent by that date. Officials said the original implementation plan covered about 2,722 units, while the updated plan projects roughly 6,000 to 7,000 leases and 2,472 lots to be occupied. They also described phase-two needs for additional funding, including projects on Hawaiʻi, Maui, Kauaʻi, and Oʻahu, and said they would need continued legislative support, including possible bonding and private activity bond set-asides, to complete remaining projects. Members discussed the distinction between encumbered and spent funds, and DHHL explained that encumbrances reserve money for specific contracts while construction spending occurs over time through progress payments. The department also showcased examples of innovative projects, including a high-rise project in urban Honolulu financed through a mix of private activity bonds, tax credits, and state funds, and an acquisition-based project in Kapaʻa, Kauaʻi using multiple funding sources. DHHL emphasized partnerships with the City and County of Honolulu and Maui County, and said it is still assessing future projects to keep infrastructure costs manageable and ensure homes are safe and affordable for beneficiaries.

Transcript Highlights:

• should a state transmission authority, as a last resort, choose to own and operate or choose to own and lease
• We have a solar farm in my district that has been waiting for permitting for transmission.

Bills: HB2720 , HB2073 , SB5816 , SB5919 , SB5831 , SB6244 , SB6044 , SB5109 , SB5877 , SB6258

Summary: The House first took up Substitute Senate Bill 6225, a transportation bond measure. Supporters said it was needed to fund preservation and maintenance of Washington’s transportation system, including road upkeep and emergency repairs, while opponents argued the state had already addressed current needs through a recent unanimous budget and existing bond authority. The bill passed final passage 59-38, meeting the required three-fifths vote. The House then considered Gross Substitute Senate Bill 6260, an education budget-related bill with many floor amendments focused on transition to kindergarten, alternative learning experience (ALE) funding, local effort assistance (LEA), educational service district reserves, superintendent pay, MSOC funding, and collective bargaining limits. Most proposed amendments were rejected, though Amendment 2654 on TK priorities was adopted. After the committee amendment as amended was adopted, the bill advanced to third reading and then passed 50-47. Supporters described it as a necessary budget reduction and risk-management measure; opponents argued it cut K-12 funding too deeply, especially in rural and property-poor districts, and would worsen inequities and invite litigation. The House also concurred in Senate amendments and passed several other bills. House Bill 1796, about school construction financing and capital levy use, passed 95-2. Second Substitute House Bill 2105, dealing with immigrant worker protections, passed 58-38. Engrossed House Bill 2211, on food sourcing for a health-related program, passed unanimously. Engrossed Substitute House Bill 2225, regulating companion chatbots and child safety, passed 74-21. Engrossed Substitute House Bill 2247, related to animal care, passed unanimously. Engrossed Second Substitute House Bill 2418, streamlining permitting timelines to support housing affordability, also passed unanimously. The House then moved on to additional Senate-concurred bills, beginning with Second Substitute House Bill 1906.

Transcript Highlights:

• Thank you. military lease lands um it's the aclu's military lease lands um it's the aclu's mission<01
• How many actual leases are there? ...How many actual leases are there?
• We're going to lease it. We're going to extend the lease or renew the lease for the military.
• We're going to lease it. We're going to extend the lease or renew the lease for the military.
• We're going to lease it. We're going to extend the lease or renew the lease for the military.

Committee: House Public Safety

Summary: The Committee on Public Safety met on March 21, 2025, and heard several resolutions related to corrections, emergency preparedness, and wildfire risk. Early items included HCR 62/HR 57 on flying the National League of Families POW/MIA flag year-round at the state Capitol, for which no one testified, and HCR 154/HR 49, which would request a comprehensive forensic audit of DCR and DAGS spending tied to planning and building a new jail to replace the Ahu Community Correctional Center. The ACLU strongly supported the audit, arguing that the state has spent millions on jail planning over many years without clear accounting, that a new jail is unnecessary and fiscally irresponsible, and that public-private partnership arrangements could reduce transparency. Committee members questioned the use of the term “forensic,” the age of some cited allegations, and whether the auditor could instead conduct another type of audit; the ACLU said it was open to other audit language and offered to help compile background materials. No vote was taken in the portion provided. The committee also heard HCR 63, asking DCR to provide separate clinical counseling services for correctional staff, with one supporter, and HCR 23, which asks DCR to include circuit and district court facilities in planning the new Ahu Community Correctional Center and to establish a release procedure that avoids releasing detainees into residential communities or public spaces. DCR Director Johnson said the department supported the intent of HCR 23 and had discussed it with the Chief Justice and court administrator, adding that one multi-purpose courtroom could handle both district and circuit proceedings. The chair then moved on without further discussion. A major portion of the meeting focused on HCR 37, which asks HEMA to work with other agencies on outreach and preparedness for kūpuna. Testifiers from the Pearl City Neighborhood Board, AARP Hawaii, and the Hawaii Council of Community Associations supported the measure, citing the vulnerability of older adults and people with disabilities during disasters, lessons from the Lahaina fires, and the need for clear evacuation plans, siren reliability, and better coordination with care homes and condominium associations. Several speakers described local preparedness efforts and concerns about gaps in communication and implementation. The committee also discussed HCR 69/HR 62 on creating a vegetation management working group to reduce wildfire risk; the Division of Consumer Advocacy supported it, with testimony describing dangerous incidents involving vines and bamboo contacting electrical lines and causing sparking and a utility pole fire. The meeting ended with testimony and questions continuing on that topic, and no final committee action was shown in the excerpt.

Transcript Highlights:

• We have to lease it.
• We have to lease it.
• We have to lease it.
• </c> allowable square footage, their lease allowable square footage, their lease cost,<00:31:39.160><
• </c> for that lease. for that lease.

Summary: The Select Committee on School Facilities met to satisfy its quarterly statutory requirement and to discuss interim priorities. Staff from LSO reviewed the committee’s duties: monitoring K-12 school facilities statewide, prioritizing needs for the interim, and preparing a budget request due by November 1. They also noted the ongoing litigation related to the Chapter 3, Section 8 exception process and said the committee would move forward with securing a consultant to study that issue, as previously authorized by Management Council. A major topic was school funding formulas, especially how average daily membership (ADM) affects routine and major maintenance funding and how excess square footage is treated. Members revisited an earlier proposal to fund 135% of allowable square footage, which did not advance this session, and discussed whether some schools should instead be funded at a minimum percentage of their actual square footage. Staff explained that some districts have buildings larger than their formula allowance, and that the issue is complicated by older buildings, pools, and other unique facilities. They also noted that recent changes to the major maintenance multiplier increased funding and that some districts are still not fully covered by the formulas. Safety and security funding was another focus. The State Construction Department reported that $10 million was appropriated this year for safety and security upgrades, with some funds expected to go toward vestibules, bollards, and design work, and the rest through a district application process. Officials said the last comprehensive safety assessment was done more than 10 years ago and suggested a new consultant-led study to update priorities, since technology and building conditions have changed. Members also discussed the role of school resource officers and whether the committee should continue leading this work rather than handing it off to the recalibration committee. The committee also examined declining enrollment and excess capacity across the state, citing examples such as Newcastle, Shoshoni, Casper, Campbell County, and Fremont County. Officials said some districts are right-sizing by taking schools offline, while others cannot easily reduce capacity because the buildings are essential to the community. Charter school leasing was raised as a related concern, including the Mills charter school and the fact that the state pays lease costs based on ADM and allowable square footage. No formal votes were taken, but the committee agreed to continue studying these issues, likely including site visits and further data requests during the interim.

Transcript Highlights:

• I think it's fine for them to seek the lease.
• order or ratify a lease.
• Have you seen a memorandum of lease agreement?
• You have to have the lease.
• You have to have the lease because it's the rules to play in the game.

Bills: HB3619 , HB3652 , HB4572 , HB4891 , HB4941 , HB5103 , HB5105 , HB5106 , HB5224 , HB5600

Committee: House Energy Resources

Transcript Highlights:

• </c> with overseeing Gopher and their lease with overseeing Gopher and their lease terminates<00:08:38.479
• It's this lease is presented as space.
• So in fact, you'll be using federal money to help subsidize your lease. Absolutely.
• So, under this your lease. Absolutely.
• A ground lease? Is that what you said? A ground lease instead of a sale to the same.

Summary: The Long Range Capital Planning and Utilization Committee approved the April 14, 2025 minutes and then considered several capital items, mostly Department of Transportation property dispositions and one Department of Business and Economic Affairs lease amendment. BEA requested approval to amend its Granite Center LLC lease to absorb space used by Gopher, explaining that the arrangement would keep both agencies in the same building, allow flexible space allocation, and produce a modest net savings while using federal funds reimbursed through an interagency arrangement. The committee asked about Gopher’s role, the floor layout, and whether federal money was indirectly subsidizing the lease; the item was approved. DOT items approved included sale of a former maintenance parcel in Raymond, vacant land in Dover, a permanent utility easement in Conway for the Conway Water Precinct, and a direct sale of limited access right-of-way in Seabrook to C&J Seabrook LLC for parking expansion. Members asked about environmental liability on the Raymond parcel, the size and location of the Conway easement, and whether C&J would charge for parking; C&J said the expansion would support a successful facility and that parking revenues help fund improvements such as paving, lighting, and security cameras. The committee also approved a small Salem parcel sale to Brooks Property LLC. The Department of Environmental Services received approval to transfer 37 acres near a New Ipswich flood control site to the town as part of a long-running settlement involving cemetery encroachment onto state land. DES said the agreement, reached with the town in 2023, reflects prior legislation and includes payment to the state; members asked whether there was any current dam damage, and DES said there was none. In miscellaneous business, the New Hampshire Liquor Commission said the governor had directed cancellation of the planned RFP sale and that the matter would instead proceed as a ground lease through a new RFP process. The committee also noted informational items on Council on Resources and Development minutes and surplus land reviews, set the next meeting for September 29 at 9:30, and adjourned by motion.

Transcript Highlights:

• companies and they lease it out, right, and they pay the 4%.
• companies and they lease it out, right, and they pay the 4%.
• </c> for a retail purpose, which is leasing for a retail purpose, which is leasing it<01:08:18.560><c
• Um but so is how broad is leasing it.
• </c><01:25:35.120><c> at</c> purchasing uh goods that are leased at purchasing uh goods that are leased

Bills: HB2410 , HB2235 , HB1904 , HB2201 , HB2349 , HB1972 , HB2007 , HB2385 , HB2444 , HB2391 , HB2575

Committee: House Economic Development & Technology

Summary: The committee heard testimony on several measures, beginning with HB 2410 relating to the Hawaii Technology Development Corporation. Testifiers from HTDC and the Hawaii Food Industry Association stood on written testimony, and members discussed the funding request, which was described as $1 million each for three programs, for a total of $3 million. The measure appeared to have broad support, with no opposition noted. The committee then took up HB 2235 HD1 on the military and community relations office, where Lori Moore of MACC asked for additional funding to support local businesses and education-to-career initiatives statewide. Members asked about the amount, and the request was identified as $1.3 million total. HB 904 on space operations followed, with three supporters and one opponent, though no substantive testimony was captured beyond the vote counts. HB 2201 on state enterprise zones drew testimony from Georgia Skinner of DBEDT’s Creative Industries division, who said the measure would build on a well-run enterprise zone program and help make Hawaii’s film industry more competitive. Tom Yamashita of the Tax Foundation also provided comments. The committee then considered HB 2349 relating to DCCA and DBEDT coordination; DCCA explained it already provides links and information to DBEDT programs, while DBEDT argued that direct data sharing would allow more proactive outreach. Members raised privacy and cost concerns, and DBEDT said it would consider opt-in collection and acknowledged system changes and possible funding needs. The committee also heard two tax credit bills. HB 1972 HD1, on a caregiver tax credit, received strong support from AARP, the Hawaii Public Health Institute, the Hawaii Children’s Action Network, and others, who described caregivers as an “invisible workforce” and argued the credit would help families keep loved ones at home and reduce financial strain. The Tax Foundation suggested a grant or subsidy program might be more efficient than a tax credit and raised concerns about debarment provisions. HB 20007 HD1, on the household and dependent care services tax credit, also drew strong support from public health and family advocacy groups, who said Hawaii families face some of the nation’s highest child care costs and that the bill would better reflect current expenses; the Tax Foundation again raised technical concerns about complexity and debarment. Members asked about fiscal impacts, and testimony indicated the current credit costs about $6 million, with the bill expected to increase that amount. The committee then moved on to HB 2385 HD1 on housing, where the Deputy Attorney General began presenting written comments on whether the bill limits county authority.

Transcript Highlights:

• Originally, under both of these statutes, the lease could only be broken if all tenants on the lease
• Under both of these statutes, the lease could only be broken if all tenants on the lease passed away
• </c><00:14:08.480><c> option</c> will also make the break lease option will also make the break lease
• </c> broken if all tenants on the lease broken if all tenants on the lease passed<00:14:19.600><c> away
• </c> a lease to pass away at the same time. a lease to pass away at the same time.

Bills: HF4207 , HF3639 , HF3981 , HF3064 , HF2123

Committee: House Housing Finance and Policy

Transcript Highlights:

• The bill requires that renewal on property leased by state agencies be leased at a rate which would be
• to lease renewals, which is good because it allows for recalibration of a lease payment in the event
• of whatever the lease amount was in prior agreements. amount of the renewed lease does not amount of
• </c> it allows for recalibration of a lease it allows for recalibration of a lease payment<00:33:09.600
• </c> continuation of whatever the lease continuation of whatever the lease amount<00:33:54.720><c> was

Committee: Senate Commerce

Transcript Highlights:

• So, with that lease being granted, or funding for that lease being granted in the 2024 budget, we did
• Um, the annual lease cost.
• </c><00:19:50.400><c> lease</c> place that we could use that lease lease place that we could use that
• lease lease authorization<00:19:51.679><c> at.
• </c> difference between their current lease difference between their current lease cost<00:24:17.200>

Summary: The interim Budget Review Subcommittee for Justice and Judiciary received an update on Northern Kentucky University’s capital project to house the Northern Kentucky Medical Examiner’s Office and the Northern Kentucky Crime Lab in the former Highland Heights Civic Center building on NKU’s campus. NKU and Justice Cabinet staff described the project timeline: the building was identified in late 2022, lease terms were agreed to in early 2023, a pre-construction evaluation agreement was executed in May 2023, the General Assembly authorized $21 million in April 2024, and the lease and construction agreement were finalized in spring 2026. The project is now being prepared for bid, with construction expected to start in August and occupancy targeted for January 2028. About $1 million has been spent so far on design and related investigations. Testimony emphasized that the vacant building was structurally sound but required major upgrades, including HVAC, plumbing, electrical, roof, windows, a generator, specialized mechanical systems, security, and geothermal work to meet the needs of two separate operations sharing one facility. NKU said it is contributing $3.7 million to the project. Committee members asked about the condition of the building, the urgency of the project, and why the process took so long. Justice Cabinet and real properties officials said the medical examiner’s office had been shut down since roughly late 2017 or 2018, that the state had first sought funding in the 2022 budget for staffing, a lease, and equipment, and that it took time to find a suitable leased location because the facility has highly specialized requirements. Members also asked about operating costs, annual lease costs, and the impact of the office’s absence on families and counties in Northern Kentucky. Officials said the lease cost is based on NKU’s expected maintenance-related expenses, while utilities and staffing are covered through the Office of the State Medical Examiner or Kentucky State Police, with seven medical examiner positions funded in House Bill 500 and two additional KSP positions requested for the crime lab. They explained that, until the new facility opens, bodies from Northern Kentucky are generally transported to Louisville for autopsy, with transportation costs borne by the coroner’s office. No votes were taken, but the committee requested follow-up information, including lease cost numbers and additional details on facility usage and timing.

Transcript Highlights:

• , to uphold the lease.
• lease they were they lease to uphold the lease they were they were<01:00:01.880><c> forced</c><01:00
• No more leases. 2009, DLNR. No more leases. Come on, Don. Enough destruction, enough desecration.
• </c> more leases 2009 dlnr no more leases more leases 2009 dlnr no more leases come<01:13:07.719><c>
• </c> leases we now again these are old leases leases we now again these are old leases so<01:15:07.040

Committee: House Water & Land

Summary: The committee heard testimony on HB 1233, relating to storm management systems, which would add safety and maintenance requirements for detention and retention ponds. Supporters, including Alison Schafers of the Ki Injury Prevention Coalition and Kristen Herstead of the Hawaii Lifeguard Association, said the measure is needed because poorly maintained ponds can become hidden drowning hazards, especially for children, and argued that fencing, signage, and life-saving equipment would have minimal cost. Schafers described the death of her daughter in a detention pond and said the bill reflects recommendations in the Hawaii Water Safety Plan. Members asked about whether the issue should be handled at the county level; testifiers responded that a statewide standard is needed, though counties would likely handle permitting. No vote was taken on the bill during the excerpted discussion. The committee then heard HB 867, relating to recreational facilities, which would require accessible playgrounds. The Department of Land and Natural Resources said it submitted comments and that state parks do not generally have recreational facilities affected by the bill, while most such facilities are under county jurisdiction. The Hawaii State Council on Developmental Disabilities, the Disability Communication Access Board, and the Disability Rights Center all supported the bill’s intent but recommended changes, including replacing the term “special needs” with “accessible,” focusing the requirement on new and renovated playgrounds, and specifying wheelchair-accessible swings. Testifiers emphasized that accessible play spaces promote inclusion for children with disabilities and benefit all children. No final action or vote was reported. The committee also took up HB 1358, relating to a public land trust working group. DLNR supported the measure and said it had provided written comments, while the Office of Hawaiian Affairs strongly supported the bill and described longstanding problems with incomplete land inventories, self-reported revenue data, and disputed public land trust payments. OHA said an audit it funded suggests the state owes more than current payments reflect, and other supporters said the bill is needed for transparency, accountability, and a complete inventory of public trust lands, including submerged lands. Committee questions focused on how the public land trust information system is maintained, who updates it, and how revenue reporting works; DLNR said the system is older, has limited dedicated IT staffing, and relies on agency self-reporting rather than independent verification. No vote or final committee action was announced in the excerpt.

Transcript Highlights:

• </c> confident an agreement with the lease confident an agreement with the lease portion<00:03:37.440
• </c><00:04:01.920><c> would</c> construction piece and the lease would construction piece and the lease
• We've got two new leases requiring action and two lease modifications requiring no action.
• The lease of and per cars 568132.
• 22.159><c> in</c> The lease modification resulted in The lease modification resulted in square<00:26:

Summary: The committee first handled routine business, including approval of the February meeting minutes and several information items. Those items covered university equipment purchases, school district and transportation-related debt issuances, Northern Kentucky University’s planned construction-manager/general-contractor delivery method for the medical examiner/crime lab relocation project, a lease-space advertisement, postsecondary asset preservation allocations, and lease-law compliance reports. Members then discussed the Northern Kentucky crime lab project in more detail; staff explained that the memorandum of agreement would cover the construction portion while the lease would cover operations, and members were told the project should move forward without procurement problems. The committee approved a Kentucky Community and Technical College System project to modify the fire academy maintenance building after the related dormitory project was set aside because of major cost overruns. KCTCS said the dormitory would be about $3 million over budget, so it would not be bid; instead, the maintenance building would be expanded to add showers and restroom/locker facilities, bringing that project from $2 million to about $3.2 million. The committee also approved a Transportation Cabinet project for the Hardin County I-65 southbound commercial motor vehicle station relocation, with members asking about the estimate, the lack of a direct prior example, and the fact that the loadometer equipment itself would be purchased separately and was not included in the construction estimate. Finance and Administration Cabinet lease items were then considered. The committee approved a Department of Public Advocacy lease in Christian County and a Transportation Cabinet vehicle regulation lease in Kenton County, both negotiated down from initial asking prices and both including utilities. Two lease modifications were reported without action: a Department of Revenue fit-up in Jefferson County and an expanded vehicle regulation lease in Adair County. Members also approved a package of Kentucky Infrastructure Authority items, including four loans and six Cleaner Water Program grant reallocations, covering sewer and water projects such as MSD’s Patty’s Run flood pumping station, Paducah-McCracken County’s wastewater treatment plant, Mount Washington’s lift station replacement, and Eminence’s wastewater plant expansion. Finally, the committee heard a batch of Kentucky Product Development Initiative economic development grants and approved the action items in one vote. The projects included due diligence and infrastructure work for industrial and site-development projects in multiple counties, with local match requirements and KEDFA approvals described for each. The committee also received three line-item water grants from House Bill 1 that required no action, and the meeting ended after the grant presentations and approvals.

Transcript Highlights:

• Any leased unit? &gt;&gt; single family units? Any leased unit? &gt;&gt; Any<00:24:40.960><c> lease.
• </c> private lease. private lease.
• </c> lease is invalid. lease is invalid.
• I lease, but not everyone uses a lease.
• And what if that lease commercial lease?

Committee: House Housing

Transcript Highlights:

• been drafted, um, in the committee testimony we heard that, um, there has been a lot of issues with leases
• </c> using uh fair market rates in uh lease using uh fair market rates in uh lease renewals<00:03:09.159
• You know, it could be way off from what the market value of leasing that space is, right.
• It only talks about space owned by a political subdivision, right, being leased by the state.
• What about making it space owned by the state and leased to a political subdivision?

Summary: The subcommittee discussed HB 694, focusing on how to set fair market rates for lease renewals involving state agencies and political subdivisions. Members and the New Hampshire Association of Counties worked through draft language defining fair market value, including how appraisals, depreciation, and building deficiencies should be considered. Testimony emphasized that market value and appraised value can differ significantly, and that the bill should allow flexibility rather than require a rigid formula. The group also debated what expenses should be included in lease terms. After discussion of examples such as utilities, custodial services, insurance, maintenance, and newer needs like communications or internet service, members agreed not to create an overly specific list. They settled on language stating that additional expenses, including but not limited to utilities and custodial services, would be negotiated separately. The final amendment was revised to apply to lease renewals for land, buildings, or space between a political subdivision and the State of New Hampshire, with renewals at fair market rate unless otherwise agreed by the lessor. The subcommittee agreed to have the amendment drafted at OLS and then closed the public subcommittee meeting on HB 694.

Transcript Highlights:

• Currently, statute is silent on leases that end at death.
• SB 110 resolves this uncertainty by explicitly confirming that a 98-year lease or longer lease that terminates
• SB 110 resolves this uncertainty by explicitly confirming that a 98-year lease or longer lease that terminates
• SB 110 resolves this uncertainty by explicitly confirming that a 98-year lease or longer lease that terminates
• Resolves this uncertainty by explicitly confirming that a 98-year lease or longer lease that terminates

Bills: S0110 , S0434 , S0856

Committee: Senate Finance and Tax

Summary: The committee heard and passed three bills before moving to a staff presentation on the state revenue forecast and the federal One Big Beautiful Bill Act. SB 856, by Senator DeSantis? [sic], would require online real estate listing platforms to display estimated property taxes for residential properties using prescribed methods and DOR-developed formulas rather than the current owner’s tax bill. Supporters from county, city, and property appraiser groups said the bill would improve transparency and help homebuyers avoid surprise tax and escrow increases. The bill was reported favorably after debate about making sure the estimate appears on realtor and platform sites for first-time buyers. SB 110, by Senator Arrington, was amended and then reported favorably. The bill clarifies that people holding 98-year-or-longer residential leases remain eligible for the homestead tax exemption even if the lease ends upon the tenant’s death, aligning those leaseholds with life estates for estate-planning purposes. The amendment, supported by the Florida Bar’s real property, probate and trust law section, clarified that lease provisions terminating at death are valid under current law. SB 434, by Senator Leak, was also reported favorably; it would prevent property tax assessments from reflecting increased just value attributable to wind-hardening improvements such as stronger roof attachments, shutters, and roof-to-wall reinforcements. The committee then received an update from staff director Azar Khan on the new general revenue forecast. He said collections had been running slightly above estimate overall, but the Revenue Estimating Conference reduced corporate income tax projections because of weaker recent collections and uncertainty around tariffs, while increasing some other revenue sources. Members then discussed the federal One Big Beautiful Bill Act, which staff said would significantly reduce Florida corporate income tax revenue, with a large first-year impact driven by retroactive provisions such as bonus depreciation, research expensing, and business interest deductions. Senators and the appropriations chair said the forecast and federal changes would affect budget planning, and the committee adjourned after noting the bills had been favorably reported and the meeting was complete.

Transcript Highlights:

• That was a grant from the greenhouse gas reduction fund, Coalition for Green Capital, and our Solar for
• number two via Commerce, and we are using those funds for taking advantage of the tax credits, both the solar
• fund, Coalition for Green Capital,<01:02:21.119><c> and</c><01:02:21.440><c> our</c><01:02:21.680><c> solar
• </c><01:02:23.040><c> We</c> Capital, and our solar for all. We Capital, and our solar for all.
• </c><01:02:44.319><c> and</c> the tax credits both the the solar and the tax credits both the the solar

Bills: HF4059 , HF76

Committee: House Energy Finance and Policy

Transcript Highlights:

• is considerably cleaner and less expensive than electricity in Minnesota today, including wind and solar
• 00:06:41.919><c> including</c><00:06:42.360><c> wind</c><00:06:42.560><c> and</c><00:06:42.759><c> solar
• </c> Minnesota today including wind and solar Minnesota today including wind and solar electrification
• She said that on these really sunny days, her air source heat pump has been powered solely by her solar
• panels and it's also powered my my solar panels and it's also powered my car<00:11:36.240><c> and</c

Bills: HF484 , HF483 , HF1447 , HF1496 , HF554

Committee: House Elections Finance and Government Operations