Video & Transcript Research : 'performance bond'
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MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Housing Jun 21st, 2026 at 01:00 pm
Joint Committee on Housing
Transcript Highlights:
- We also manage a fourth bond program, the Home Modification Loan Program, in collaboration with Mass
- We first started down payment assistance in 2018, financing the first number of bond programs.
- The loans perform exceptionally well.
- The loans perform exceptionally well.
- One vehicle to begin addressing this could be the coming environmental bond bill.
Summary:
The Joint Committee on Housing opened its second hearing of the session with remarks from Chairs Haggerty and Cyr emphasizing that the hearing was a broad look at Massachusetts’ housing crisis rather than a single bill. They highlighted topics including zoning, permitting, rental assistance, public housing, homelessness prevention, and housing production. The first witness, Housing and Livable Communities Secretary Augustus, reviewed implementation of the Affordable Homes Act and the state’s new housing plan, citing a 1.6% vacancy rate, a projected need for 222,000 new homes over 10 years, and ongoing efforts such as ADUs by right, fair housing enforcement, eviction record sealing, seasonal communities planning, and new funding for affordable housing, public housing, and the Momentum Fund. He also discussed infrastructure support for municipalities, technical assistance for ADUs, and concerns about possible federal funding cuts.
Committee members questioned the secretary about ADU financing and technical assistance, the likely unit yield from the Affordable Homes Act, infrastructure barriers in suburban and rural communities, public housing waitlist management, supportive housing, and federal budget risks. MassNAHRO then testified that public housing authorities are facing rising operating and capital costs, a statewide waitlist nearing 300,000, and uncertainty over federal Section 8 and HUD funding. Witnesses described recent state support for operating subsidies, capital improvements, vacancy turnover teams, and resident service coordinators, while warning that proposed federal cuts could sharply affect voucher issuance and agency operations.
CDAC’s executive director Roger Herzog described the agency’s role as a quasi-public source of early-stage financing and technical assistance for nonprofit housing developers, noting its loan capital, supportive housing bond programs, home modification loans, and preservation work under Chapter 40T. He said CDAC has helped produce or preserve more than 55,000 units and stressed the importance of patient capital and preservation tools. CHAPA CEO Rachel Heller urged the committee to focus on production, preservation, planning, and political will, supporting goals for affordability, supportive housing, and homeownership, and endorsing policy changes such as YIGBY, clearer site plan review rules, stronger fair housing funding, and more support for vouchers and public housing. MassHousing then outlined its financing role, including mortgage lending, down payment assistance, the Community Climate Bank, and the Momentum Fund, while noting that permitting delays, capital gaps, and possible federal changes could affect production. Members also asked about transparency, prevailing wage compliance, and a recent internal restructuring related to diversity and business engagement.
NH
Transcript Highlights:
- Children the protection of family bonds.
- <05:30:06.280>
surgeries <05:30:07.040>or include performing surgeries or include performing - will understand exactly who's performing will understand exactly who's performing the<07:39:20.520
- c> Allowing optometrists perform procedures Allowing optometrists perform procedures with<07:41:09.920
- are prohibited by law for performing are prohibited by law for performing laser<07:41:55.040>
MN
Transcript Highlights:
- So you have state and local tax bonds.
- So that you tax status for those bonds.
- market you know uh you know in the bond market you know for<00:10:46.160>
state <00:10:46.320> - U that's it for the the slide and bonds.
- perform work or have community service. perform work or have community service.
MN
Transcript Highlights:
- <00:04:18.479>
and competitive as possible for bonding and competitive as possible for bonding - In article two, we'll see that there is a bond authorization, trunk highway bond authorization in the
- 07:51.440>
in <01:07:51.599>the trunk highway bond authorization in the trunk highway bond - Article two is the $100 million authorization of trunk highway bonds and the bond sale expenses related
- <01:38:16.800>
standards <01:38:17.119>and adopt performance standards and adopt performance
ND
North Dakota 2026 1st Special Session
Water Topics Overview Committee Jun 10th, 2026 at 09:00 am
Water Topics Overview Committee
Transcript Highlights:
- Ability to have improvement bonds.
- And it has to be there for the life of the bond.
- The Drinking Water Program has revenue bonds making up about 79% of that portfolio, and improvement bonds
- And the Clean Water Program has about 70% revenue bonds and 30% improvement bonds.
- The ratio had been higher on the revenue bonds.
TX
Transcript Highlights:
- HB 3475 by Joe Moody relates to the evaluation and reporting of investment practices and performances
- HB 3484 by Vikki Goodwin relates to the authority of Special Utility Districts to issue revenue bonds
- HB 3525 by John McQueen relating to fiscal transparency for bonds issued by local governmental entities
CA
California 2025-2026 Regular Session
Senate Floor Session Jun 25th, 2026
California Senate Floor Meeting
Transcript Highlights:
- The title of this bond is the Veterans and Affordable Housing Bond.
- This is not a veterans housing bond. It's a veterans bait bond.
- youth housing bond.
- Revenue bond versus GO bond. We can put a revenue bond.
- I think we might even... ...bond versus GO bond. We could put a revenue bond.
CA
Transcript Highlights:
- I've been a performer, a supporting character on the stage of this...
- All public schools must provide a 50% local match to access state bond funds.
- Charter schools can't raise local bond funding.
- They're excluded from local bond funds in most cases.
- That would be performance in algebra for our students.
TX
Transcript Highlights:
- Bush, the band performed at Inaugural Ball in Washington, D.C.
- to that's been near and dear to my heart is all the young people that you guys have touched for performing
- Development, HB 1519 by Schofield, willing to the election date for the authorization of the issues of the bonds
- by Canales relating to a special bill to review of reform a final judgment of forfeiture of a bail bond
TX
Transcript Highlights:
- and manages more than 3,400 miles of Texas coastline by implementing storm mitigation strategies, performing
- building schools that match the population that was coming, which meant we had to then pre-plan a bond
- issue, which meant we had to get a bond approved.
- Are we going to have the applicants having to go to lawsuits to get the cities to perform?
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Ways and Means Jun 21st, 2026 at 10:00 am
Joint Committee on Ways and Means
Transcript Highlights:
- Eventually, the federal judge ordered a bond hearing for Francisco, and he was released and reunited
- Eventually or later, the federal judge ordered a bond hearing for Francisco, and he was released and
- There never was a real essential need for that because people were getting bonds.
- The GI Jams were joined by Berkeley music students, who performed a duet alongside our music therapist
- Federal funding for SNAP has been reduced, while performance expectations have become more stringent,
Summary:
The hearing was a FY27 budget session on Health and Human Services held in Mattapan, hosted by the Joint Committee on Ways and Means. Opening remarks from Senator Lydia Edwards, Representative Brandy Fluker-Reed, Representative Russell Holmes, and Boston Public Library President David Leonard emphasized the significance of holding the first Ways and Means hearing in Mattapan, the importance of community access, and the role of libraries as human services institutions. Committee members and attendees introduced themselves before agency testimony began.
MassAbility testified first, describing its mission to support people with disabilities through employment, independent living, and disability determination services. The agency highlighted federal funding uncertainty, a modest FY27 budget reduction, and a proposed reworking of its home care program, which it said is outdated and should better target those most in need. Members questioned the home care cut, staffing reductions, and federal coordination. MassAbility also shared a participant story about recovery and community support to illustrate the impact of its services.
The Massachusetts Commission for the Deaf and Hard of Hearing then presented its FY27 request, focusing on interpreter and captioning access, workforce development, emergency communication, aging-related hearing loss, and transition services for deaf and hard-of-hearing youth. Members asked about interpreter shortages, after-hours emergency coverage, ASL education, and community training; the commission said it is expanding mentorship and referral systems but still faces staffing and vendor challenges. The Massachusetts Commission for the Blind followed with a $30.8 million request, describing services for nearly 9,000 consumers, peer support groups, vocational rehabilitation, and Turning 22 services, while noting federal funding uncertainty and a 7% budget cut. Members raised concerns about maintaining services with fewer resources, and the commissioner said the agency had trimmed overhead and could manage the proposal.
The Office for Refugees and Immigrants closed the segment, outlining expanded legal, housing, workforce, citizenship, and financial literacy supports for immigrants and refugees, including Know Your Rights trainings, legal defense initiatives, and the Massachusetts Access to Counsel Initiative. Members discussed the effects of federal policy changes, the loss of refugee resettlement funding, and the need for state support to fill gaps. No votes were taken in the portion provided; the hearing consisted of agency presentations and committee questioning.
AZ
Transcript Highlights:
- HB 2926, housing contracts bonds taxes — Government.
- HB 2289, truth and taxation bonds notices — Finance.
- HB 2289, truth and taxation bonds notices — Finance.
- HB 4033, school bonding ballot language — Education.
- HB 2320, school districts bond financial advisors.
Summary:
The meeting opened with prayer, the Pledge of Allegiance, attendance, and several guest introductions, including the Doctor of the Day, realtors visiting for Realtor Day, and a representative from Home of Hope. The Senate then handled a large number of bill referrals and second-reading items before moving into Committee of the Whole on multiple calendars. Several bills were advanced with committee and floor amendments, including SB 1494, SB 1497, SB 1503, SB 1535, SB 1544, SB 1580, SB 1582, SB 1584, SB 1585, SB 1602, SB 1632, SB 1723, and SB 1798. Many of the amendments were described as technical cleanups, but some made substantive changes, such as SB 1535’s provisions on sealing records for sex-trafficking victims and SB 1723’s domestic-violence release and monitoring provisions. The Committee of the Whole also adopted a report recommending several bills do pass as amended.
The chamber adopted House Concurrent Resolution 264 honoring former Senator Barbara Leff, followed by a moment of silence and remarks from her family. The Senate then returned to Committee of the Whole for Calendar 1, where it retained SB 1332 and advanced SB 1654, SB 1711, SB 1743, SCR 1047, and HB 2993. HB 2993 drew the most debate: opponents argued it had a single-subject problem, relied on funding from the Attorney General’s Consumer Protection Fraud Fund, and could create unnecessary outside-counsel costs for DPS, while supporters cited the need for the supplemental and defended the funding approach. The motion to report HB 2993 do pass carried by division, 16-13.
In third reading, the Senate passed HB 4115 and a series of Senate bills, including SB 1012, SB 1213, SB 1416, SB 1474, SB 1511, SB 1549, SB 1573, SB 1634, SB 1647, and SB 1649, with several passing on close 16-13 votes. Debate centered heavily on immigration enforcement, concealed carry in businesses serving alcohol, CDL and driver-license issues, campaign finance disclosure, and a digital asset reserve fund. Members on both sides repeatedly explained votes on constitutional, public safety, fiscal, and civil-rights grounds. The session ended with bills transmitted to the House after passage.
NH
New Hampshire 2025 Regular Session
House Finance Division II (03/05/2025)
Transcript Highlights:
- We continue to perform and continue to do more with less.
- We continue to perform and continue to do more with less.
- We continue to perform and continue to do more with less.
- here depends really on Treasury bonding here depends really on Treasury bonding and<01:11:46.800
- to local communities it the performance to local communities it the performance um<04:47:33.958>
Summary:
The committee met with New Hampshire DOT Commissioner Bill Cass and Finance Director Danielle Shandra to review the agency’s FY 2026 budget. Cass gave a high-level overview of DOT’s mission, organization, funding structure, and staffing trends, noting the agency has about 650 employees across five divisions. He said the Governor’s recommended FY 2026 budget totals $95.99 million, essentially flat from FY 2025, with funding primarily from Turnpike funds, Highway funds, federal sources, and a small General Fund share for non-highway units. Members asked about how Turnpike and Highway funds are treated in state accounting, and DOT explained that while they are enterprise funds restricted to their purposes, they are considered unrestricted from the statewide perspective and are appropriated through the budget process.
A major topic was staffing and budget targets. DOT said its full-time staffing level has remained relatively flat since 2014 even as vehicle miles traveled increased and vacancies rose. To meet budget targets, the department unfunded seven permanent positions and nine temporary full-time positions, and later noted additional reductions in Finance, including the elimination of two full-time positions, reduced print shop equipment purchases, and deeper cuts to overtime, temporary help, equipment, and supplies in FY 2027. DOT also explained that it shifted funding for one unmanned aerial system position from General Funds to Highway Funds, saying the change was workable because the position supports highway-related work and federal-aid-eligible activities.
Members asked for clarification on the state transit operating match, and DOT explained that the Legislature had previously provided about $1.8 million annually in General Funds to help local transit agencies meet federal match requirements, but that funding was not included in this budget. DOT said that could reduce the ability to draw down some federal transit funds, though the impact may not be immediate because those funds can be used over several years. The department also described its unmanned aerial system program, saying it has been used for about five years for mapping, survey work, construction oversight, and storm damage assessment, and that it now has about five drones and two full-time positions supporting the program. DOT said it is expanding cross-training so more employees can operate drones without adding positions. No votes or formal actions were taken in the portion provided.
MS
Mississippi 2026 Regular Session
Appropriations - Room 216, 28 January, 2026; 8:15 AM
Appropriations
Transcript Highlights:
- So whichever way you would through bond.
- Um, let me just address the performance of MDA south of Hattiesburg.
- <00:19:55.520>
of <00:19:55.760>MDA aren't happy with the performance of MDA aren't - happy with the performance of MDA down<00:19:57.200>
on <00:19:57.440>the <00:19:57.600 - performance of MDA south of Hattisburg. performance of MDA south of Hattisburg.
Summary:
The committee heard a budget presentation from the Mississippi Development Authority (MDA), including its consolidated tourism and agency request. MDA said it has had strong recent results, citing about $65 billion in capital investment since 2020, roughly 25,000 jobs, record tourism, clean audits, and oversubscribed incentive programs. For FY27, the agency requested $26.4 million in general funds, level special-fund operating support, restoration of eight pins reduced in the LBR process, and several general-fund increases for a career ladder, a new HR system, training, and operating costs. MDA also discussed a $1.25 million request for America 250 activities, including a Mississippi event and participation in the National Mall “Great America State Fair,” plus an energy accelerator program tied to the governor’s energy initiative and a broader three-tier energy preparedness strategy.
MDA also explained its incentive refill requests, saying it was not seeking additional funding for the ACE grant program this year and had shifted that support toward the governor’s port/rail/road investment fund and energy-ready sites. The agency highlighted a renewed request to restart funding for the small municipal and limited population counties grant program, which it said had previously helped smaller communities with water, sewer, downtown, and other projects. On tourism, MDA presented a breakout showing what the budget would look like if tourism were separated into its own department; officials said the current tourism budget within MDA is about $5.7 million in general funds and $7.9 million total, and estimated about $1.3 million in additional cost would be needed to stand up a separate tourism agency.
A significant portion of the discussion focused on criticism from Senator Wiggins that MDA has not delivered enough economic development for the Mississippi Gulf Coast. He argued that constituents believe MDA does little for the coast and objected to the agency’s role in the GCRF and coastal projects, saying the coast has not seen meaningful results in years. MDA officials responded that complaints about uneven distribution are common across the state, that MDA works with local economic development partners rather than dictating project locations, and that it has helped support major coastal projects such as Relativity Space, Lockheed Martin expansions, PCC Gulf Chem, BWC Terminals, and AWS. The exchange also touched on the Port of Pascagoula and local leadership disputes, with both sides disagreeing over whether the port and the coast have been adequately supported. No votes or formal actions were taken in the excerpt.
LA
Transcript Highlights:
- amends it to include our standard fund language, constitutional language that's required regarding the bond
- And for those who are aspiring to be fathers, they too will know that they can bond with their child
- And for those who are aspiring to be fathers, they too will know that they can bond with their child
- The other piece is it puts in law that the Child Ombudsman's office, in order to perform its statutory
- that was done, but it did designate that the department had to have a medical director that would perform
Summary:
The House Appropriations Committee met on May 26, 2026, and first took up Senate Bill 433, which would provide Medicaid coverage for certain weight-loss medications. After adopting a House amendment adding customary subject-to-appropriation language, the committee heard from LDH Secretary Bruce Greenstein, who said the state currently spends about $240 million a year on GLP-1 drugs for Medicaid patients with obesity and certain other conditions, and that the bill would let the department expand coverage gradually while controlling costs and negotiating better pricing. Members spoke in strong support, and SB 433 was reported favorable as amended.
The committee then considered Senate Bill 157, which creates paid parental leave for eligible public K-12 educators and staff. An amendment was adopted to adjust fund language and make the bill proper for Appropriations. Senator Jenkins and supporters, including the Louisiana Federation of Teachers, described the bill as providing six weeks of paid leave for birth, adoption, fostering, and related family-building events, while members discussed whether medical leave should also be included and confirmed the leave applies to fathers as well. The bill drew broad support and was reported favorable as amended.
Senate Bill 250, requiring the Office of Group Benefits to offer a comprehensive weight management plan with employees paying the full premium and medication costs, was briefly discussed and reported favorable without objection. The committee then spent considerable time on Senate Bill 237, a child welfare measure from Senator Barrow that would expand notification, access, and investigative procedures for the Child Ombudsman and DCFS, including child-on-child sexual abuse cases and multidisciplinary fatality reviews. Members and agency officials debated the fiscal note, with estimates ranging from about $525,000 to $3.2 million and disagreement over whether some costs were already covered or could be absorbed; after a roll call, the bill passed 10-9 and was reported favorable as amended.
Finally, the committee began Senate Bill 155, which requires insurance coverage for medically necessary dental care tied to cancer treatment. Senator Talbot and medical and cancer advocacy witnesses said the bill would remove a barrier to timely chemotherapy or radiation and could prevent more expensive complications later. Members expressed support and discussed a relatively small fiscal note, but the transcript cuts off before final action on the bill.
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Jul 9th, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- The majority of the money from the water project fund comes from severance tax bonds.
- We receive a 9% earmark of severance tax bonds, and then 10% of that has been shaved off and sent over
- the administrative offices of the courts to help deal with adjudication of the senior severance tax bonds
- increase in funding from the Water Project Fund, and that is directly related to the severance tax bond
- Planning is essential; poor planning leads to poor performance, as I would say in the military.
TX
Transcript Highlights:
- members of the House clarified the de novo appeal process when a prosecutor appeals the amount of bond
- There had been some issues of individuals being released on bond.
- Additionally, the House amended the offense of terroristic threat to only be a bond if it's charged as
- And it will be a great tool as judges review the bonds for the most serious offenders.
- Thanks, Senator, this is, you know, my word is my bond in that regard.
Bills:
SJR 5, SJR 27, SB 4, SB 6, SB 7, SB 9, SB 13, SB 15, SB 23, SB 27, SB 30, SB 40, SB 57, SB 66, SB 140, SB 268, SB 293, SB 331, SB 413, SB 437, SB 447, SB 457, SB 467, SB 506, SB 510, SB 512, SB 568, SB 571, SB 650, SB 710, SB 763, SB 785, SB 800, SB 850, SB 863, SB 865, SB 904, SB 905, SB 973, SB 974, SB 1191, SB 1281, SB 1300, SB 1362, SB 1494, SB 1504, SB 1522, SB 1540, SB 1567, SB 1579, SB 1580, SB 1610, SB 1660, SB 1723, SB 1760, SB 1838, SB 1923, SB 1946, SB 1957, SB 1964, SB 2018, SB 2024, SB 2121, SB 2167, SB 2217, SB 2221, SB 2321, SB 2337, SB 2368, SB 2373, SB 2407, SB 2431, SB 2477, SB 2587, SB 2615, SB 2753, SB 2807, SB 2900, SB 2965, SB 2972, SB 2986, SB 3039, SB 3047, SB 3059, SB 3070, SB 1, SB 8, SB 12, SB 13, SB 15, SB 17, SB 21, SB 30, SB 37, SB 260, SB 268, SB 331, SB 379, SB 441, SB 447, SB 457, SB 509, SB 650, SB 763, SB 1198, SB 1405, SB 1506, SB 1566, SB 1610, SB 1637, SB 1660, SB 1833, SB 2018, SB 2024, SB 2155, SB 2217, SB 2308, SB 2337, SB 2601, SB 2753, SB 2778, SB 2878, SB 2900, SB 3059, HB 4, HB 145, HB 300, HB 493, HB 2011, HB 2067, HB 2516, HB 2525, HB 2885, HB 2974, HB 3071, HB 3372, HB 3595, HB 5138, HB 5246, HB 796, HB 1523, HB 5294, HB 748, HB 3395, HB 180, HB 3171, HB 4690, HB 146, HB 5596, HB 5694, HB 1135, HB 3225, HB 186, HB 1449, HB 3793, HB 112, HB 104, HB 4233, HB 1094, HB 3336, HB 3520, HB 3320, HB 5663, HB 2731, HB 2399, HB 111, HB 3483, HB 4580, HB 3748, HB 632, HB 4730, HB 127, HB 5690, HB 5689, HB 3385, HB 4359, HB 5381, HB 20, HB 123, HB 549, HB 5606, HB 2594, HB 1057, HB 3664, HCR 141, HCR 40, HCR 59, SJR 36, SJR 50, SJR 63, SCR 12, SCR 39, SB 2023, SB 62, SB 666, SB 847, SB 284, SB 854, SB 810, SB 1505, SB 583, SB 507, SB 1434, SB 1772, SB 2016, SB 1122, SB 731, SB 397, SB 508, SB 1436, SB 287, SB 1882, SB 393, SB 1791, SB 209, SB 2429, SB 1085, SB 1975, SB 2717, SB 1262, SB 636, SB 2056, SB 884, SB 1200, SB 1845, SB 2458, SB 801, SB 3014, SB 3013, SB 758, SB 2797, SB 2076, SB 2876, SB 1640, SB 1449, SB 1181, SB 1234, SB 2926, SB 2841, SB 1528, SB 1854, SB 317, SB 1250, SB 2082, SB 1237, SB 2819, SB 629, SB 2608, SB 1602, SB 2009, SB 867, SB 640, SB 1698, SB 2680, SB 913, SB 1071, SB 1086, SB 1087, SB 1483, SB 1444, SB 1553, SB 1556, SB 1703, SB 2133, SB 2297, SB 2298, SB 2622, SB 2955, SB 2334, SB 1367, SB 2044, SB 2363, SB 2565, SB 1888, SB 3036, SB 3057, SB 3043, SB 3063, SB 3035, SB 203, SB 2688, SB 2522, SB 2459, SB 2655, SB 2251, SB 1884, SB 2928, SB 2566, SB 2549, SB 2553, SB 2919, SB 1944, SB 1232, SB 1798, SB 2603, SB 2607, SB 2683, SB 1319, SB 3045, SB 3071, HB 20, HB 127, HB 549, HB 1094, HB 2594, HB 2731, HB 4233, HB 4690, SR 625, HCR 167, SJR 5, SB 4, SB 6, SB 9, SB 23, SB 40, SB 13, SB 15, SB 30, SB 268, SB 331, SB 447, SB 457, SB 568, SB 650, SB 763, SB 1540, SB 1610, SB 1660, SB 2018, SB 2024, SB 2217, SB 2337, SB 2753, SB 2900, SB 2972, SB 3059, HB 4, HB 145, HB 493, HB 2067, HB 2516, HB 2885, HB 2974, HB 3071, HB 3372, HB 3556, HB 3595, HB 5138
Keywords:
bail, felony offenses, criminal justice reform, public safety, constitutional amendment, judicial conduct, state commission, judicial misconduct, commission membership, property tax, homestead exemption, school funding, state aid, electric power, interconnection, utilities, ERCOT, large load customers, water supply, sewer service
Summary:
The meeting centered around the discussions of several key bills, notably HB4233, which aims to align Texas's money transmission licensing and auditing requirements with federal regulations. Senator Parker led the discussion, emphasizing the need for consumer protections around cryptocurrency kiosks that have become targets for fraud, particularly affecting vulnerable populations such as seniors. The meeting also saw lively debates on HB20, designed to reintegrate technical education into high schools, addressing skills shortages in the workforce. The bills were well received, with strong bipartisan support evident in the votes.
NH
New Hampshire 2025 Regular Session
House Finance Division I (01/22/2025)
Transcript Highlights:
- <00:11:35.399>
uh allocation of tax credits and bond uh allocation of tax credits and bond - >
lot compliance and performance we have a lot compliance and performance we have a lot of<00: - So the capital budget of $3,160,000 includes $6 million of general fund bonds and $24.16 million of bonds
- honestly struggle with um how we perform honestly struggle with um how we perform maintenance<03
- H for LBA do we have any performance H for LBA do we have any performance audit<03:05:30.040>
Summary:
New Hampshire Housing Finance Authority officials, led by Executive Director Rob Dapice, briefed legislators on the agency’s structure and funding. They explained that the authority is created by state law but is not a state agency, its debt is not state debt, and it is governed by a board appointed by the governor and approved by the Executive Council. The discussion focused on the Affordable Housing Fund and the lead paint hazard remediation fund, including how state appropriations and federal resources are combined to finance affordable rental housing and lead abatement work.
Dapice said the Affordable Housing Fund is used as gap financing for multifamily affordable housing projects, typically alongside federal tax credits and tax-exempt bonds, and that state dollars leverage roughly 2:1 to 10:1 in additional federal and private investment, averaging about 4:1. He said the fund has received historic appropriations in recent budgets, including $30 million over the last two biennial budgets and an annual $5 million set-aside from the real estate transfer tax. He also said the fund is usually structured as 0% interest, deferred loans rather than grants, with repayments returning to the fund if projects generate cash flow.
Members asked about rents, oversight, staffing, revenues, and whether the programs had added positions. Dapice said affordability restrictions generally last 30 to 99 years, rents are tied to income limits and capped so tenants pay no more than 30% of income, and compliance staff inspect properties regularly to verify income eligibility and rent limits. He said the organization has about 130 to 135 employees, down from about 145, with no new positions added because of the appropriations. He estimated total revenues at roughly $300 million, with administrative budget around $22 million, much of it pass-through grant money.
On lead paint remediation, he said the state first appropriated $6 million in 2019, plus $1 million in ARPA funds, and that the program has cleared more than 500 units. He said the federal grant program is not annual or predictable, with a recent award of about $7.75 million, and that the maximum federal grant per unit is $177,000, typically paired with up to $100,000 in state loan support. He also noted that the program can address homes before a child is poisoned if lead hazards are identified, but that cases involving an already exposed child are a higher priority. No votes or formal actions were taken.
MN
Transcript Highlights:
- Um it is in last year's bonding bill.
- Um, 1 million in GEO bonds for highway rail grade crossings and 1 million GEO bonds for Minnesota rail
- <00:48:54.960>
for funding for of trunk highway bonds for funding for of trunk highway bonds projects, <01:25:03.760>we priorities for bonding projects, we priorities for bonding- <01:30:03.120>
and <01:30:03.760>650,000 being geo bonds and 650,000 being geo bonds
Summary:
The committee first approved the March 5 minutes, then heard a presentation from Balig Engineering on cost drivers for drinking water and wastewater infrastructure in small Minnesota communities. The testifier said most Minnesota communities are small, and that limited local staff, complex funding requirements, and the need to combine multiple funding sources make projects expensive and labor-intensive. He cited examples of aging infrastructure, including a Tracy street collapse and failing water mains, and said federal funding can help but often requires extensive reports that can cost tens of thousands of dollars and hundreds of staff hours. He also pointed to inflation, supply-chain disruptions, colder climate requirements, higher material and labor costs, limited competition among contractors and suppliers, and newer treatment requirements such as PFAS removal and cybersecurity controls as major cost drivers.
Members asked whether reduced bonding or less frequent state funding would lower prices, whether annual bonding bills provide market certainty, how regionalization could be encouraged, and whether tightening specifications adds costs. The testifier said stopping work would likely drive contractors out of the market and reduce competition, which could raise prices later, and that consistent funding helps keep contractors in Minnesota. He said regional water systems such as Red Rock Rural Water and Lincoln Pipestone Rural Water are already helping lower costs and that legislators could encourage more regionalization through incentives. He also said some specifications and federal requirements, especially around treatment plant controls and cybersecurity, increase costs, though some standards like deeper water-main burial are necessary. The committee then moved on to the Minnesota Department of Veterans Affairs, where John Kelly began presenting the governor’s 2026 capital budget recommendations and described the department’s mission, statewide network of veterans homes and cemeteries, and service to nearly 300,000 veterans and dependents.
HI
Hawaii 2026 Regular Session
WLA, WLA DEFER Public Hearings 02-18-2026
Transcript Highlights:
- contractors and assessors to perform contractors and assessors to perform work<00:16:26.560>
- bonds, the first bond is issued, the first dollar... corner at least in our conversations no corner
- talking about the $180 million bond talking about the $180 million bond ceiling<00:52:18.240>
- <00:52:39.440>
first <00:52:39.680>bond <00:52:40.000>is as soon as bonds the - first bond is as soon as bonds the first bond is issued<00:52:40.640>
the <00:52:40.800>first
Summary:
The committee took up Senate Bill 3019, which would cap ticket resale prices at face value for events in Hawaii and authorize DCCA to enforce violations. DCCA’s Office of Consumer Protection opposed the bill and said it preferred a ticket transparency approach focused on upfront disclosure of fees, while supporters argued the measure would curb scalping, bots, and extreme markups. Testimony from the National Independent Venue Association and a concert promoter emphasized that resale does not add inventory and said the bill would protect consumers; committee members questioned DCCA about enforcement and cited examples of very high resale prices for local concerts. No vote was taken in the excerpt, and the chair said the measure would be moved along for further consideration.
The committee then heard Senate Bill 3311, which would create the Strengthen Hawaii Homes Program within DLNR to fund fire-mitigation grants for residential property owners. DLNR supported the bill, saying the need is immediate and that the program is modeled on successful mainland efforts, though the department said it ultimately belongs under the State Fire Marshal once that office has capacity. DCCA’s Insurance Division submitted written comments only. The measure was received without further action in the excerpt.
Senate Bill 2979, authorizing DLNR and community-based organizations to enter community co-management agreements for state lands, drew broad support from OHA, community groups, and several individuals, who said the bill would formalize partnerships, strengthen shared responsibility, and help community stewardship efforts. Testifiers clarified that the bill does not require 65-year agreements and said the term should be left to DLNR’s discretion. The committee then moved on without questions or a vote shown in the excerpt.
Finally, the committee heard Senate Bill 2351 on the state park special fund, which would allow DLNR to use fund monies for environmental protection programs. DLNR’s state parks administrator opposed the bill, saying the special fund is already fully committed to urgent maintenance and infrastructure needs across an aging park system, and warned that diverting money would weaken the fund’s ability to support parks. The Tax Foundation also submitted written testimony, and a community witness opposed the measure for similar reasons. The excerpt ends as the committee begins Senate Bill 2918, which would require HCDA to establish a community action center in Chinatown; HCDA’s executive director expressed concern about jurisdiction and said the city and county should continue leading that work.