Transcript Highlights:

• It was the New Mexico Private Equity Program, very specifically the Venture Capital Program.
• We literally lost money on that program. In 2019, we started making changes to improve the program.
• You still own that block.
• If you own a piece of it, you will always own that same percentage.
• You don't own the Bitcoin.

Transcript Highlights:

• Many communities, including my own town, Many communities, including my own town of Acton, have done
• Shared equity homeownership programs like the Homes for Lasting Affordability program benefit homeowners
• The current state of programs for affordable housing construction excludes permanently affordable owned
• and the federal Housing Choice Voucher Section 8 program.
• as a mixed-income program.

Keywords: 995, all

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.

Transcript Highlights:

• As much as we worry about losing federal programs, the federal programs don't necessarily provide good
• And finally, if the Wood Innovation Grant program, which is a federal grant program, continues, that
• The first program that I'll go over is the Rural Infrastructure Program.
• Actually, it's not state-owned; it's owned by the taxpayers.
• Not to be threatened by a state-owned bank or taxpayer-owned bank, but see it in light of building capacity

Transcript Highlights:

• The statewide program, and this bill is setting up a committee to study the structure of the program
• Last year, I was invited to the older adult bridge program. This program assisted me immensely.
• I might even spring for the cookies this year for the MRVP, or I'll make my own. I can make my own.
• I’ve done all my own interviewing. I’ve done all my own vetting.
• I've done all my own vetting.

Keywords: 995, all

Summary: The Joint Committee on Housing held a hybrid hearing on a broad slate of housing and homelessness bills. Chairs Rich Haggerty and Julian Cyr opened by noting the committee’s focus on EOHLC programs such as RAFT, MRVP, and HomeBASE, and several members and advocates emphasized the urgency of the state’s homelessness crisis, including rising family homelessness and the need for earlier intervention, more stable subsidies, and stronger long-term housing tools. A major theme was homelessness prevention and rehousing. Multiple witnesses supported bills to codify and strengthen RAFT and HomeBASE, arguing that assistance should be available earlier in a crisis rather than only after a notice to quit or imminent loss of housing. Testimony from legal services, homelessness coalitions, social workers, municipal housing staff, and tenant advocates said the programs help families avoid eviction and shelter, but need more flexibility, higher benefit caps, and permanent statutory protection. Several speakers also urged support for codifying the Massachusetts Rental Voucher Program (MRVP), describing it as a critical long-term subsidy for low-income households and older adults, and warning that codification would protect the program from future budget or policy changes. The committee also heard testimony on housing stability for older adults, affordable homes for people with disabilities, supportive housing, housing cooperatives, home sharing, local preference, and reentry housing for returning citizens. Advocates for older adults described a Somerville bridge subsidy pilot that helped stabilize seniors while they waited for permanent housing, and urged statewide expansion. Supporters of supportive housing called for an interagency board to streamline funding and development, while cooperative housing proponents backed creation of a Massachusetts Center for Housing Cooperatives and a dedicated funding reserve. A bill to secure housing for returning citizens drew support from reentry providers and Senator Adam Gomez, who said stable housing is essential to successful reintegration. No votes were taken during the hearing; witnesses generally asked the committee to report the bills favorably, and some members asked follow-up questions on data and program details.

Transcript Highlights:

• First of all, we already have our own training program.
• invest in their own program and have apprentices, therefore not having to pay the $0.60.
• So they can have their own registered apprenticeship program and train their own people at their own
• programs of their own that meet their own needs.
• program?

Transcript Highlights:

• the voucher program.
• like our school voucher program.
• like our school voucher program.
• is a program.
• are right this program is a program you are right this program is a program you know<00:45:37.920

Keywords: 928, house, all

Summary: The committee opened a public hearing on HB 402, a bill dealing with whether Education Freedom Account (EFA) payments should be described in state law as not constituting taxable income. The bill sponsor argued that the current statute is misleading because New Hampshire should not imply a federal tax result, and said the bill would remove that language and could also be amended to clarify that families should consult tax advisors. He emphasized that the measure was not intended to impose a state tax on EFAs, but to avoid giving inaccurate advice about possible federal tax liability. Testimony was divided. A retired representative and a tax preparer both opposed the bill, saying EFA payments are already treated consistently with IRS rules and that the bill would create confusion, administrative burden, and possible tax consequences for low- and moderate-income families. They argued the bill is a solution in search of a problem and warned that requiring 1099s could add costs for the scholarship organization and recipients. A tax attorney supported the bill’s repeal of the state language, saying New Hampshire should not put tax advice into statute and that the current wording is inaccurate because federal law, not state law, controls taxability. He cited IRS Section 117 and Publication 970, explaining that only some scholarship-like payments are tax-free and that many EFA-eligible expenses may not qualify for federal exemption. Members asked questions about what would be misleading, whether the bill was trying to tax EFAs, and the cost of issuing 1099s. The sponsor and witnesses repeatedly said the bill was not a state tax on voucher payments, but a clarification about federal tax treatment. No vote or final committee action was taken in the portion provided.

Transcript Highlights:

• And then the counties have also requested funds and received funds for their own easement program.
• They own it and they made the decision to own it in fees.
• They own it and they made the decision to own it in fees.
• They own it and they made the decision to own it in fees.
• They own it and they made the decision to own it in fees.

Keywords: 1183, house

Transcript Highlights:

• programs.
• Have you worked with any of the tax benefits that come along with employee-owned programs, or the ESOP
• programs?
• I feel that the AU program funds should support the medical program.
• programs.

Keywords: 995, all

Summary: The Joint Committee on Cannabis Policy held its first hearing of the 194th session to take public testimony on 21 cannabis-related bills. Chairs Donahue and Gómez outlined hearing procedures and noted that written testimony would also be accepted. Much of the hearing focused on the Cannabis Control Commission (CCC), with Senator Mike Moore urging support for S. 90 to create an inspector general unit within the CCC. He argued the commission has suffered from dysfunction, workplace harassment allegations, delayed governance reforms, missed fee collections, and high legal costs, and said stronger legislative oversight is needed. Committee members largely agreed the CCC needs reform, though some expressed hope that new leadership would improve operations. A major theme was market structure and business viability. Representative Tyler testified for H. 183 to raise adult-use purchase limits from one ounce to two ounces, saying the change would reduce confusion and help retailers compete with neighboring states. Senator Payano supported S. 100, which would require a study of cannabis supply and demand to guide cultivation licensing, warning that oversupply is driving down prices and threatening cultivators. The Massachusetts Cannabis Coalition, represented by Ryan Dominguez, backed a package of bills aimed at increasing revenue, reducing regulatory burdens, attracting investment, and stabilizing the market, including higher purchase limits, simpler badge and testing rules, and a phased increase in the retail license cap. Attorneys Kevin Conroy and Mike Ross also supported raising the cap, arguing that the industry lacks capital and that more investment and exit opportunities are needed for provisional and distressed licensees. The most contentious issue was whether to raise the retail license cap from three to six. Supporters, including several business owners and industry advocates such as Peyton Shubrick, Tito Jackson, Armani White, Sean Burt, and others, said the current cap traps owners in declining businesses, prevents exits, and limits access to capital. They argued that many social equity and economic empowerment operators are struggling, that oversupply has pushed prices down, and that allowing more ownership could help businesses scale or sell. Opponents, including Senator Liz Miranda and several social equity operators, warned that lifting the cap now would let larger operators and multi-state companies dominate the market and harm equity-owned businesses. Miranda’s S. 88 would instead strengthen enforcement of ownership limits through audits, whistleblower protections, an anonymous tip line, and greater transparency. Another major topic was worker and consumer safety: Laura Bruno, Danny Carson, Al Vega, and others supported H. 194 after the death of Lorna McMurray, arguing for a CCC workplace and consumer safety department, better ventilation and PPE standards, stronger testing oversight, and retaliation protections for workers. The hearing ended without votes, with members thanking testifiers and indicating the committee would continue reviewing the bills.

Transcript Highlights:

• This optional program authorizes public-private partnerships for transmission projects where an investor-owned
• projects, and third-party-owned lines.
• These are important affordability programs for our customers.
• I can only speak for our own, for SDG&E, but we're very open to that.
• We can only speak for our own, for SDG&E, but we're very open to that.

Summary: The Assembly Committee on Utilities and Energy heard two bills focused on electricity affordability and utility costs. AB 745, by Assembly Member Irwin, would restructure the California Climate Credit by shifting it from lump-sum payments to direct reductions in volumetric electricity rates and moving the credit to the summer months when bills are highest. The author and UC Santa Barbara economist Dr. Kyle Meng argued this could significantly lower summer rates and better help households during extreme heat. Supporters, including UCS, NRDC, and some labor representatives, favored the concept, with some urging that the gas climate credit also be redirected. No opposition testimony was presented, and the bill passed 18-0 to the floor. The committee then considered AB 825, also presented as an affordability package aimed at reducing electric bills by addressing wildfire mitigation costs, transmission financing, permitting delays, and a review of ratepayer-funded programs. The bill would authorize securitization for undergrounding expenses, remove the first $15 billion in undergrounding capital investments from the rate base for return purposes, create a public transmission financing program using Proposition 4 funds and IBank support, revive the California Power Authority as a public sponsor, and establish a task force to review energy efficiency and demand response programs. The author and witness Matt Friedman of The Utility Reform Network said the bill could save ratepayers billions over time through lower-cost public financing and securitization. Testimony on AB 825 was mixed. Support came from several consumer and clean-energy groups, while utilities and labor raised concerns about the bill’s impact on utility financial stability, wildfire fund participation, liability, and whether the $15 billion securitization cap could discourage undergrounding. Some witnesses also objected to the task force’s potential effect on energy efficiency and demand response programs. Committee members discussed the need to balance affordability with utility creditworthiness and wildfire safety, and several asked for more analysis of market impacts and liability issues. Despite those concerns, AB 825 passed the committee 13-0 and was sent to the floor.

Transcript Highlights:

• Some of this energy will be DoD-owned and operated, while other pieces of infrastructure may be owned
• we work to meet our own decarbonization regulations.
• And as you know, we have a VPP program already.
• and expand that program.
• My name is Kyle Murray, and I'm the Director of State Program Implementation in Massachusetts and Program

Keywords: 995, all

Summary: The hearing focused broadly on solar policy and several related bills, especially S. 2269, S. 2270, H. 3520, H. 3521, and related measures on distributed energy resources, municipal solar caps, permitting reform, and tax credits. Testimony from the Air Force supported S. 2232, which would exempt federal military installations from renewable energy production caps and net metering limits to support energy resilience at bases like Hanscom. Most other witnesses argued that Massachusetts needs to speed up rooftop, municipal, and community solar deployment to address high electricity prices, federal tax credit rollbacks, grid reliability, and climate goals. A major theme was streamlining permitting through automated or “smart” solar permitting, including a statewide platform managed by DOER. Permit Power, SEIA, Vote Solar, 350 Mass, and others said current local permitting is fragmented and costly, and that instant permitting could reduce soft costs and speed installations. Several witnesses also urged changes to interconnection rules, including flexible interconnection, remote inspections, and faster utility approval timelines. Some speakers raised concerns about small towns lacking staff to meet short deadlines and suggested a state-hosted platform to reduce the burden on municipalities. Another major topic was lifting caps on solar deployment. Municipal officials from Lexington and Cambridge said the 10-megawatt municipal cap and regional caps are blocking shovel-ready projects and should be removed, including for behind-the-meter municipal solar and MBTA-community housing. Other witnesses described additional limits on project size, net metering, and residential tax credits, and called for making the state residential solar credit refundable and larger. Several speakers also supported virtual power plants, distributed energy resource targets, solar canopies, microgrids, and expanded access for affordable housing, tenants, and low- and moderate-income customers. No votes were taken. Committee members asked questions about permitting timelines, grid modernization, the rationale for caps, balcony solar, and interconnection delays, and witnesses said they would follow up with additional information where needed. The hearing ended with broad support from industry, municipal, environmental, and advocacy groups for advancing the solar and distributed energy bills, while some witnesses opposed provisions they viewed as overly restrictive, such as mandatory SMART participation for all solar projects.

Transcript Highlights:

• We use a lot of women-owned and incarceration programs.
• We use a lot of women-owned and incarceration programs.
• retrofit on your own dime.
• in their own hands.
• by doing your own retrofit on your<00:37:58.160> own<00:37:58.400> dime.

Keywords: 912, senate, all

Summary: The committee heard testimony on HB 449 relating to economic development, HB 1006 relating to the Agribusiness Development Corporation, and then began HB 1467 relating to housing resiliency. On HB 449, Director Wayne Enoy of the Hawaii Technology Development Corporation and several business groups, including the Chamber of Commerce and Hawaii Food Industry Association, testified in strong support. They said the measure would help local manufacturers and tech-focused businesses adapt to uncertainty around tariffs and federal funding pauses, diversify Hawaiʻi’s economy, and expand workforce training and apprenticeship efforts tied to innovation and manufacturing. The bulk of the discussion focused on HB 1006 and proposed agritourism authority for ADC. ADC, the Hawaii Farm Bureau, and other supporters said agritourism can be a value-added tool that helps farmers diversify income while keeping agriculture as the primary use of the land. One testifier opposed the bill’s direction without stronger guardrails, urging that a high percentage of revenue or land use remain tied to actual agricultural production. Committee members questioned ADC and Farm Bureau witnesses about how much land should remain in production, whether agritourism could expand on public lands, how enforcement would work, and whether responsibilities should be shifted from the Department of Agriculture’s marketing functions to ADC. Witnesses said ADC currently has no tenants engaged in agritourism, but would support standards, annual reporting, site visits, and the ability to reclaim land if production requirements are not met. No votes or final actions were taken in the portion provided. After concluding HB 1006 testimony and questions, the committee moved on to HB 1467 and called the first witness, Luke Meyers, before the transcript ended.

Transcript Highlights:

• parents there she started her own parents there she started her own residential<00:02:52.959>
• Prior to that, I worked for a group of electric utilities that is both investor-owned and consumer-owned
• , so whether that's the gas affordability program, Xcel's Power On program, the other many different
• We oversee programs like Power on the Gas Affordability Program.
• <00:40:03.839> like programs um we oversee programs like programs um we oversee programs like

Keywords: 1187, senate, all

Transcript Highlights:

• This program costs survivors and taxpayers nothing.
• without pay the cost of this program without pay the cost of this program without trying<00:15:47.399
• If we can just access our own money, we can pay the cost of this program without trying to take fee revenue
• armor grant program this is a program armor grant program this is a program that<00:32:02.360>
• <00:32:36.960> went carriers and shields the program went carriers and shields the program

Keywords: Meeting Start 00:00:00 Attendance Roll Call 00:00:19 Auditor of Public Accounts 00:01:07 Office of Secretary of State 00:10:22 Kentucky State Treasury 00:17:51 Office of Attorney General 00:28:50, 958, all

Summary: The Budget Review Subcommittee on General Government met for its first meeting and heard budget-related presentations from the Auditor of Public Accounts and the Secretary of State, with the Treasurer beginning a presentation at the end of the transcript. Auditor Allison Ball reviewed her office’s 2024 and early 2025 work, including hundreds of county and state audits, several special examinations, and ongoing reviews such as the kinship care funding issue, the Kentucky Department of Education audit, and the Jefferson County Public Schools audit. She said her office is focused on waste, fraud, abuse, and legal compliance, and asked the committee to consider future budget changes, including aligning her appropriation with restricted funding and restoring a stronger performance-audit function. She also highlighted audits that exposed serious problems, including the Department of Juvenile Justice review, and said those reports are intended to serve as models for other entities to avoid similar failures. Secretary of State Michael Adams said his office is self-sustaining through fees and does not need tax dollars, but asked for greater access to its own revenues and more flexibility in using them. He highlighted the Safe at Home address confidentiality program, saying recent changes expanded protections for survivors of domestic violence, sexual assault, and human trafficking, and that the program has grown rapidly while remaining funded by offender fines. Adams also urged lawmakers to again adjust county election funding for inflation, noting the current per-voter and per-precinct amounts were set decades ago. In questioning, Representative Hart asked whether the Safe at Home program was self-funding; Adams replied that it covers only about 10% of its operating cost and said the best solution would be to let the office use more of the revenue it already collects rather than rely on tax dollars. Treasurer Martin Medcafe, introduced with staff member Russell Weber, praised the General Assembly’s fiscal discipline and described the Treasury’s work in managing state funds. He reported strong results from the Unclaimed Property Fund, saying the office returned $35.5 million to Kentuckians in its first year and $3.8 million in the first month of the current year, and said the State Investments Commission generated $682 million in returns last year. He also highlighted financial literacy efforts through the Kentucky Financial Empowerment Commission and said the Treasury is helping manage opioid settlement funds, which are now earning up to $200,000 per month through investment. No votes or formal actions were taken in the portion of the meeting provided.

Transcript Highlights:

• the state university teaching program. the state university teaching program.
• 28.880> ATRIP<00:07:29.520> program university programs, the ATRIP program university programs
• program in 2019 to 2025. program in 2019 to 2025.
• university directed payment program. university directed payment program.
• Um, it's not to replicate programs already supported by other federal programs.

Keywords: 958, all

Summary: The Medicaid Oversight Advisory Board’s fourth meeting focused primarily on a presentation from University of Kentucky and University of Louisville health leaders about the state university directed payment program. Mark Birdwhistle and Ken Marshall described the program as a long-running, value-based Medicaid arrangement that began in 2019, uses university-provided matching funds rather than provider taxes, and ties a portion of payments to quality outcomes. They said the program has improved measures such as tobacco cessation, diabetes control, depression screening, and cancer screening, while supporting access to specialty care, medical education, and workforce training. They also emphasized that Kentucky’s model is nationally notable and has helped improve health rankings and generate cost savings. A major topic was the federal reconciliation bill signed July 4, which the presenters said will reduce directed payments by 10% annually for 10 years beginning in 2028. UL Health estimated a first-year loss of about $75 million and a cumulative loss of about $600 million over the decade; UK estimated about $100 million in the first year, for a combined first-year impact of roughly $175 million. Both speakers warned the cuts could affect access to care, training capacity, and the sustainability of Kentucky’s value-based model, though they expressed hope that congressional action could alter or delay the changes. They also noted that 340B drug pricing changes could further strain already thin operating margins, but did not provide exact figures during the meeting. Committee members responded positively to the program’s reported outcomes and the institutions’ role in Kentucky health care. Senator Berg praised the quality of care and shared a personal example of being advised to stay at UofL for breast cancer treatment. Representative Moer highlighted Kentucky’s strong cancer-control score and asked for more explanation of the value-based payment structure; the presenters said the system is built around ongoing measurement, accountability, and collaboration with the Cabinet for Health and Family Services. No votes or formal actions were taken beyond approving the amended August 27 minutes by voice vote.

Transcript Highlights:

• I'm sorry, the program.
• our own building or the Education Retirement Board could own its own building. a lack of clarification
• as to whether or not we could own our own building or the Education Retirement Board could own its own
• We actually owned our own building and had for a number of years.
• That program was basically replaced by the 36-month program, which is now the 60-month program where

Transcript Highlights:

• like the BFA and other programs.
• like the BFA and guarantees for programs like the BFA and other<00:07:30.960> programs.
• But again, assuming that the guarantee programs work and the BFA continue to have their own process and
• I kind of did it on my own.
• , uh, were not owned by the state at owns, uh, were not owned by the state at that<01:04:43.119> time

Keywords: 1189, house, all

Summary: The committee first heard testimony from State Treasurer Monica Misipelli on House Bill 1042, which would increase the contingent credit limit for the BFA. She explained that under RSA 66 the state’s debt capacity is capped at 10% of unrestricted revenue, and that guaranteed debt counts in the calculation even though it is not direct debt. She said the state currently has about 65% of its capacity used, roughly $120 million of remaining room, and that raising the BFA contingent credit limit from $200 million to $450 million would reduce that capacity. She noted the state’s debt-to-revenue ratio is about 4.2%, that the state’s credit rating is not immediately affected by the guarantee program unless the state actually has to assume the liability, and suggested unused guarantee authorizations, such as one for the Peace Development Authority, could be reviewed in the future. Members asked whether a credit guarantee affects bonding ability like actual debt, what the usual debt level is relative to the statutory cap, and whether the increase would crowd out future capital borrowing. Misipelli answered that guarantees are included in the formula and do affect available capacity, though the current ratio remains manageable. She also said she had been using a $120 million benchmark for capital budget planning and was now modeling $130 million in future state debt. When asked whether the full $250 million increase was necessary, she deferred to the BFA, saying the question should be answered by the agency. James Key Wallace, executive director of the New Hampshire BFA and interim commissioner of Business and Economic Affairs, then testified in support of the bill. He said the request was driven by larger project costs over the last several decades, with construction inflation causing guarantees to be used up in bigger chunks, and by the fact that the BFA has been close to its current cap. He said the agency does not use taxpayer funds, has never had a payout on a guarantee in nearly 35 years, and requires collateral, reserves, and an 80% loan-to-value buffer. He told members the Senate had a similar bill to raise the limit to $400 million and that the BFA considered that range acceptable. In response to questions, he said a smaller increase such as $150 million would cover known transactions but might not provide enough runway for future opportunities, and he confirmed the bill was brought at the BFA’s request. He also said businesses consider housing availability when deciding whether to locate in New Hampshire, since housing and workforce are key location factors. At the end of the work session, the chair closed House Bill 1042 and opened House Bill 241, a bill on health insurance coverage of pain management services for chronic pain. Representative Nagel began introducing the bill and asked for copies of the treasurer’s debt-capacity report, but the transcript cuts off before any further action on HB 241.

Transcript Highlights:

• the PCA program.
• for the two-year programs.
• for the two-year programs.
• for the two-year programs.
• appropriation for the grant program appropriation for the grant program those<00:21:17.760> will

Keywords: 1183, house

Transcript Highlights:

• Two years ago, the Legislature authorized a pilot program for the DER Equity pilot program, and it's
• If we had used Section 8 as a homeownership program, we would have 30,000, 40,000 Section 8 tenants owning
• If we had used Section 8 as a homeownership program, we would have 30,000, 40,000 Section 8 tenants owning
• > 8 as a homeownership program we would 8 as a homeownership program we would have<00:50:36.000> 30
• have 30 40,000 Section 8 tenants owning have 30 40,000 Section 8 tenants owning their<00:50:39.559

Keywords: 910, house, all

Summary: The House Committee on Housing held a public hearing on a series of housing bills. HB 1432 and HB 1428 drew support from HHFDC, and HB 1428 also received testimony from Hawaiian Community Assets, which said housing counseling funding is needed to meet demand for financial education tied to affordable housing, and that such counseling can help reduce evictions, prevent foreclosure, and stabilize households. HB 833 on community land trusts received broad support from HHFDC, county housing officials, community land trust representatives, and a local developer; testimony emphasized keeping housing affordable in perpetuity, but also asked for clearer access to financing, longer repayment terms, and inclusion of additional land trusts in the bill. Peter Savio argued that community land trusts are the best way to control demand and keep housing tied to local incomes. The committee also heard HB 19 on the Dwelling Unit Revolving Fund, which HHFDC said should be made permanent because the pilot has been successful, with 81 units in the program and $7.4 million of the $10 million allocation already committed. HHFDC said the fund helps stalled for-sale projects by providing state equity that revolved back when homes are sold. HB 529 and HB 432 were also heard; HB 432 would create a subaccount in the rental housing revolving fund for projects above 60% AMI, and HHFDC said this would help finance housing for households at 65% and 80% AMI. The bill drew support from several housing, business, and industry groups. Several other housing measures were discussed with mixed testimony. HB 419 had HHFDC support, Limby Hawaiʻi opposition, and support from the Grassroot Institute and others; members asked about whether councils approve these projects in one or multiple readings. HB 527 and HB 416 also drew a mix of support and opposition, with questions focused on county approval timelines and whether state-financed projects would still go through normal local review. HB 417 on the rental housing revolving fund prompted questions about how it differs from the Dwelling Unit Revolving Fund and whether it should be more flexible for mixed rental and for-sale projects. HB 418’s proposed working group was noted as potentially unnecessary because HHFDC said a public working group was already being formed. HB 1411 on housing preference raised questions about what happens if a recipient changes jobs, and HB 374 drew an Attorney General’s Office recommendation to remove a duration requirement to avoid possible constitutional travel issues. HB 373 and HB 1492 were also heard, with strong testimony from Peter Savio in favor of a broader trust-based model for affordable housing. No votes or final actions were taken during the hearing.

Transcript Highlights:

• We owned around a McCoy property.
• You're going to see a lot of your alls, a lot of state-owned facilities that we are currently programming
• It's a running program.
• The next program is Plan It Forward. Talk about for a second those programs.
• Forward program. Forward program.

Keywords: Meeting Start 00:00:00 Call to Order and Roll Call 00:00:19 Signage Value & Tourism Growth Along the Hatfield-McCoy Feud Trail 00:03:12 Building a Stronger Community Through Sports 00:32:03, 958, all

Summary: The committee first approved the minutes from the prior meeting and then heard a presentation from Pike County/Pikeville tourism officials about improving signage for the Hatfield-McCoy historic sites. Bob Scott, Tony Tacket, and Jay Shepard said visitors increasingly come to the area but often cannot find the sites because cell service and GPS are unreliable in the mountains. They argued that clearer signage along routes 119, 319, and 1056 would help visitors navigate the historic loop, strengthen branding, and increase dwell time and local spending. The Pike County presenters emphasized the economic importance of tourism, citing growth in tourist spending from $72.93 million in 2017 to $103.2 million in 2023 and $114.6 million in 2024. They said tourism helps offset the decline of coal, supports local mom-and-pop businesses, and benefits from partnerships with nearby West Virginia sites such as Matewan and other Hatfield-McCoy-related locations. Members asked about cross-state promotion, lodging capacity, and the possibility of a dinner show in Kentucky; the presenters said lodging is up 33% but more is needed, a new Crown Plaza hotel is planned in Pikeville, and a dinner show would require local investment and community buy-in. Committee members from the region spoke in support of the tourism effort and the need to preserve and teach local history. The chair and others said signage would help visitors and noted that a business without signs is no business. The committee then moved on to a separate presentation from the Louisville Sports Commission, introduced by Senator Jason Howell, which began with an overview of the commission’s role in sports tourism and economic development in Louisville.

Transcript Highlights:

• We've been a long time advocate and supporter of this program, and we're very happy to see this program
• But inherently you want money to bolster your rent-to-own program, isn't that what this is all about?
• So, the LIHTC programs. So, the LIHTC programs.
• <00:31:59.120> It payment loan assistance program. It payment loan assistance program.
• Our first testifier for SB 3285 is HHFDC in support. program. program.

Keywords: 912, senate, all

Summary: The Committee on Housing, meeting jointly with the Committee on Health and Human Services, heard testimony on Senate Bill 2787, which would expand use of the rental housing revolving fund to provide loans or grants for purchasing rental units, and Senate Bill 2957, which addresses tenant displacement and relocation protections, as well as Senate Bill 2866, which would make the state rent supplement program for kupuna permanent and appropriate funds for it. Testimony on SB 2787 included support from DHHL, HHFDC, AARP Hawaii, and others, while the Attorney General recommended clarifying language and standards for grants, and the Tax Foundation questioned whether grants fit the revolving-fund structure. On SB 2957, supporters including OHA, PACT, medical-legal advocates, and tenant representatives emphasized relocation hardships from the KPT redevelopment, language access, and the need for clearer minimum safeguards; the Attorney General suggested defining “comparable units” and correcting a drafting error. On SB 2866, HPHA, Catholic Charities, AARP, the Executive Office on Aging, and others supported making the kupuna rent supplement program permanent to prevent homelessness among low-income seniors. During discussion on SB 2957, members questioned HPHA and tenant counsel about the KPT low-rise relocation process and what “comparable housing” meant in practice. HPHA said all tenants were relocated, but counsel described disputes over comparability, disability and family-size issues, and at least one offered unit that was not livable. For SB 2787, members questioned DHHL about why it sought funding from the rental housing revolving fund rather than other sources; DHHL said it was still exploring options and had mostly used its funds for infrastructure, with only a small portion used as revolving funds. The chair expressed concern about relying on scarce housing funds and urged more efficient use of DHHL’s existing resources. In decision-making, the committees voted to pass SB 2957 with amendments and SB 2866 with amendments. For SB 2957, the amendments would replace the bill with a working group on tenant displacement and relocation, include a blank appropriation and defective date, and request $75,000 for the working group; the motion was adopted unanimously by the members present, with Senator Favela excused. For SB 2866, the amended version would include a blank appropriation, defective date, and committee report language noting requests for $110,160 for two HPHA public housing specialist positions and $2.16 million for the state rent supplement program; this motion was also adopted, with Senator Favela excused. After the joint hearing adjourned, the committee returned to the housing-only agenda and continued discussion of SB 2787 before moving on to SB 3089, which would amend the down payment loan assistance program for low- and moderate-income first-time homebuyers; testimony on SB 3089 was beginning when the transcript ended.