Bills: HB1170

Keywords: fiduciary responsibility, proxy voting, public finance, Oklahoma statutes, pension plans, pecuniary factors, nonpecuniary factors, financial risk, Attorney General, 914, all

Transcript Highlights:

• The House Elections Finance and Government Operations Committee is now called to order.
• This is detailed in the bill, but membership of this working group would include two Campaign Finance
• Board members from different political parties, the executive director of the Campaign Finance Board
• This is detailed in the bill, but membership of this working group would include two Campaign Finance
• I approve of the discretion of the Campaign Finance Board person.

Bills: HF1345, HF71, HF993, HF1943

Keywords: HF1345, statutory city, public utility commission, municipal utilities, city council, local government, utility governance, commission membership, staggered terms, vacancy appointment, ordinance, Minnesota Statutes 412.341, municipal ordinance, city commission, public utilities, HF71, Minnesota, public safety, peace officers, correctional officers

Transcript Highlights:

• I served for eight years as the commissioner of the Minnesota Housing Finance Agency, during which we
• I served for eight years as the commissioner of the Minnesota Housing Finance Agency, during which we
• over the new federal cap of 25%, but there are some projects that can utilize more of these bond financing
• found that in addition to its impact on workers, misclassification affects state and federal tax finances
• found that in addition to its impact on workers, misclassification affects state and federal tax finances

Bills: HF4234, HF3697, HF1183, HF4738

Keywords: HF4234, Minnesota private activity bonds, tax-exempt bonds, bond cap, aggregate bond limitation, residential rental projects, multifamily housing, affordable housing finance, housing bonds, public finance, bond allocation, private activity bond cap, Minnesota Statutes 474A.02, tax committee, tax refund, Minnesota Statutes, time limit, claims, tax overpayment, taxation

Summary: The committee first adopted the April 14, 2026 minutes as amended, correcting a misspelling in the reference to Chair Davids. It then heard House File 4234, a tax-exempt bonding/affordable housing bill from Representative Rey Rower, and adopted a technical A1 amendment before laying the bill over for possible inclusion in the 2026 tax bill. The bill would conform Minnesota law to recent federal changes to low-income housing tax credit rules by lowering the amount of tax-exempt bonds needed for projects to qualify, with the stated goal of spreading bond allocations across more projects and increasing affordable housing production without additional state funds. Testimony in support came from the bill author, the Greater Minnesota Housing Fund, and Mary Tingerthal, who said the change would increase efficiency in the use of federal bond authority and could raise the number of funded housing projects from about 16 to 25 per year, bringing in roughly $120 million more annually for housing. Members discussed where the benefits would be felt statewide, including greater Minnesota and larger metro areas, and the author said the bill would help address shortages in affordable and senior housing. The committee took no final vote on the bill, instead laying it over. The committee next heard House File 3697 from Vice Chair Norris, which would change Minnesota’s tax refund claim timelines to better align with federal law and most other states. The author and a tax attorney testifier said the bill would reduce confusion and help taxpayers, especially vulnerable individuals who may overpay or be overassessed and then miss the current deadline to seek refunds. The Department of Revenue said it had no concerns with the language and did not oppose the bill, and the committee laid the bill over for possible inclusion in the 2026 tax bill. Finally, the committee began hearing House File 4738 from Representative Keeler, a Safe Harbor funding proposal for victims of sex trafficking and sexually exploited youth. The author described Safe Harbor as a statewide program serving youth across Minnesota and said the committee should consider creative funding options, but Chair Davids stated the proposed funding source would not work because it would take money from women’s sports scholarships. Testifiers from Lake House in Duluth and a former Safe Harbor youth described the program’s impact on homeless and trafficked youth, including shelter, mental health services, education, and transition to adulthood. The hearing continued with testimony, but no action was taken in the portion provided.

Transcript Highlights:

• Chair Howard called the meeting of the House Housing Finance and Policy Committee to order.
• finance 50,000 new home buyers. finance 50,000 new home buyers.
• /c> provide one-on-one finance coaching, provide one-on-one finance coaching, home<00:51:40.840> buyer
• So, it's really financing costs.
• the state can do to help uh the finances the state can do to help uh the finances and<01:28:27.080

Bills: HF3279, HF1879, HF1417, HF2462

Keywords: housing, sales tax, homeownership, rent assistance, community stability, education, counseling, financial assistance, housing development, culturally appropriate services, HF1417, manufactured home parks, manufactured housing, mobile home parks, housing development fund, Minnesota Housing Finance Agency, MHFA, infrastructure grants, infrastructure loans, affordable housing

Transcript Highlights:

• <00:04:24.840> and<00:04:25.040> administration courts the finance and administration
• courts the finance and administration cabinet<00:04:26.199> with<00:04:26.320> the<00:
• <00:04:58.479> new<00:04:58.800> projects debt issues to finance new projects debt
• issues to finance new projects those<00:05:00.039> districts<00:05:00.440> were<00:05:00.600
• All right, on next we've got the lease report from the Finance and Administration Cabinet.

Keywords: 00:13 Call to Order and Roll Call 01:00 Election of Co-Chairs 03:38 Approval of Minutes 04:09 Information Items 05:55 Project Rpt from Finance and Admin Cab 12:13 Lease Rpt from Finance and Admin Cab 17:48 Ky Infrastructure Authority 28:50 Economic Development - EDF Grants 32:50 Ofc of Financial Mgmt 36:30 SFCC Debt Issues 40:50 Adjournment, 958, all

Summary: The committee first reorganized by electing new co-chairs for the Capital Projects and Bond Oversight Committee: Senator Fanny Fromom? as Senate co-chair and Representative McPherson as House co-chair, both by acclamation. The committee then approved the minutes from the prior meeting and received quarterly capital project status reports from the Administrative Office of the Courts, Finance and Administration Cabinet, and postsecondary institutions. Those reports noted University of Kentucky equipment purchases, several school districts planning general obligation and revenue bond issues, a notification of non-approval for PR 3567, and Kentucky Community and Technical College System asset preservation projects. Kevin Cardwell of the Finance and Administration Cabinet reported two action items: a $5,100 federal-funded Transportation Cabinet renovation of the Rowan County east and westbound rest areas, and a $1 million federal fund increase for the Capitol City Airport terminal building project, bringing the total federal support to $10 million and reducing the need for restricted funds. The committee also received a no-action report on a $1,363,000 Kentucky State University exterior repairs project funded through the 2024 asset preservation pool. Both action items were approved unanimously after roll call votes. The committee approved four lease renewals presented by Natalie Bronner for Cabinet for Health and Family Services locations in Bell, Lee, and Clay counties, plus a parking lease for the Department of Corrections in Jefferson County. Members asked about lease pricing and were told renewals must remain at existing terms and conditions. The committee then approved a $57,000 Kentucky WATS emergency grant for Wood Creek Water District to cover part of arrears tied to the City of Livingston; members discussed the city’s audit delinquency, possible regional water/sewer solutions, and concerns about rates and private involvement, but the grant was approved. Finally, the committee approved a $1 million line-item water grant to the City of Williamsburg with no action required, three Economic Development Fund grants for Bell, Franklin, and Shelby counties totaling $8 million in state support for site acquisition and infrastructure work, and five SFCC-supported school debt issues for Elizabethtown Independent, Erlanger Independent, Boyd County, Henderson County, and Union County. The school projects included middle school, high school, and vocational school renovations or new construction, and members requested a breakdown of the space funded by the debt. All action items were approved, and the meeting adjourned.

Transcript Highlights:

• I call the Education Finance Committee to order.
• We have Commissioner Jett, Director of Government Relations Adosh Unni, and Director of school finance
• We are requiring that sponsor organizations have one full-time finance director, defining expectations
• Erickson, who is the Director of School Finance at the Minnesota Department of Education.
• Erickson, Madam Chair, members, Kathy Erickson, Director of School Finance.

Bills: HF2430, HF2433

Keywords: education finance, teacher training, Read Act, state aid, school funding, education funding, children with disabilities, transition aid, special education, school district consolidation

Transcript Highlights:

• If we look at the Healthy Foods Financing Program, the Trails Plus Grant Program, they're always recurring
• I've been able to sit as finance chair on the L of A Quantum Board for more than two years now.

Bills: SB151, HB8, SB177

Keywords: corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials

Transcript Highlights:

• a motion for "I do not pass" on Committee Substitute for Senate Bill 151, and I do pass on Senate Finance
• We are on the due pass motion for Senate Finance Committee Substitute for Senate Bill 151.
• We have a due pass for the Committee Substitute for Senate Bill 151 by Senate Finance.
• Senate Finance Committee Substitute for Senate Bill 151. Okay, that's it.

Bills: SB151, HB8, SB177

Keywords: corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials

Transcript Highlights:

• bill, but some specifics have changed from the tax version that was brought here to now the Senate Finance
• Can I have a motion to move the Senate Finance Committee substitute for Senate Bill 151 for discussion
• , say often, I went to law school so I didn't have to do math, but nonetheless they put me on the Finance
• So if there's market demand and the financing makes sense with the GRT deduction for a builder, they
• And a do pass on Senate Finance Committee substitute for Senate Bill 151 as amended.

Bills: SB151, HB8, SB177

Keywords: corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials

Transcript Highlights:

• It's been a huge task, and normally the Texas legislature is not known for looking at how we finance
• School finance has been something that's been highly legislated because it is so important for every
• We've worked on, you know, 45 years of school finance litigation to try to bring fairness to the formula

Bills: HB2

Keywords: public education, teacher compensation, certification, funding, school finance, educator rights, education funding, charter schools, staff compensation, state aid, retention allotment, 1185, senate, all

Transcript Highlights:

• you're entering in these kinds of investments between supporting broad investments in the school finance
• My name is Kimberly Smith, and I serve as the Chief Finance and Strategy Officer in Frisco ISD, testifying
• That was a truly historic piece of legislation that built the school finance system that we have today
• Drivers of inequity within the school finance system, and I'm concerned that these changes will make
• That is one of the places in our school finance system where it really does matter the wealth of your

Bills: HB2

Keywords: public education, teacher compensation, certification, funding, school finance, educator rights, education funding, charter schools, staff compensation, state aid, retention allotment, 1185, senate, all

Bills: SJR4, SJR 4

Keywords: economic stabilization fund, state finance, constitutional amendment, budget management, financial security, term limits, state offices, governor, lieutenant governor, election reform, 1184, house, all

Transcript Highlights:

• So in the finance committee, when I presented the bill, we were worried about fraud in.
• It contains cleanup and modernization language for the State Finance Act.
• So, in my explanation of increasing the financing caps, you'll see that they that the that the ODA ODFA
• Finance Pool yield for questions.
• But when this first came across the finance committee, there are so many what we received.

Bills: HB2947, HB3257, HB3264, HB3834, HB3940, HB3944, HB3979, HB4003, HB4118, HB4326, HB4346, HB4421

Keywords: behavioral health, Medicaid expansion, clinical interns, mental health services, licensing requirements, veterans, disability benefits, federal law, Oklahoma Statutes, military service, criminal justice, minimum sentences, parole eligibility, violent crimes, Oklahoma statutes, HB3834, Oklahoma Breakthrough Therapy Act, ibogaine, ibogaine-based therapeutics, ibogaine analogs

Bills: HB16, HB214, HB252, HB16, HB214, HB252

Keywords: law enforcement, false information, criminal penalty, public safety, identification, school psychology, interstate compact, licensure, professional services, education, HB252, Class IV municipality, Class IV municipalities, municipal audit, audit rotation, certified public accountant, CPA, municipal accounting, Section 11-43B-9, county and municipal government

Transcript Highlights:

• Kenton County, and the Kentucky Interlocal School Transportation Association reported debt issues to finance
• We did try to reach out to the finance director to better understand the delay because it looks like
• We did try to reach out to the<00:03:02.959> finance<00:03:04.159> uh<00:03:04.400>
• and Administration cabinet and Finance and Administration cabinet and we<00:10:55.200> are<00
• Uh, number six, lease report from the Finance and Administration Cabinet.

Keywords: 00:02 Call to Order and Roll Call 00:45 Approval of Minutes 01:01 Information Items 06:25 Project Rpt from Postsecondary Institutions-KCTCS 10:50 Project Rpt from Finance and Admin Cabinet 18:08 Lease Rpt from Finance and Admin Cabinet 27:12 Rpt from OFM – KY Infrastructure Authority 33:56 Rpt from OFM – CED EDF Grants 47:20 Rpt from OFM – Office of Financial Mgmt 56:53 Adjournment, 958, all

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:

• creates the Homes for Veterans Property Management Incentive Pilot Program within the Florida Housing Finance
• creates the Homes for Veterans Property Management Incentive Pilot Program within the Florida Housing Finance
• 1604 creates the vacancy relief trust fund and risk mitigation trust fund within the Florida Housing Finance

Bills: S1512, S1602, S1604, S1656

Keywords: Space Florida, tax exemption, governmental purpose, aviation, defense industry, space exploration, semiconductor technology, veterans, housing, property management, incentives, Florida Housing Finance Corporation, vacancy relief, risk mitigation, housing finance, trust fund, Homes for Veterans, S1656, SB 1656, official state flagship

Summary: The Committee on Military Veterans Affairs, Space, and Domestic Security met with a quorum and considered several memorials and bills. It first passed Senate Memorial 1714, urging Congress to support the “No Tax Dollars for Terrorist Acts” measure to prevent U.S. funds from benefiting the Taliban in Afghanistan. The committee then favorably reported SB 1512, which expands tax exemptions and procurement flexibility for Space Florida, and SB 1656, which designates the SS American Victory as Florida’s official state flagship in place of the Western Union. The committee also favorably reported SM 1186, which urges Congress to increase the Florida National Guard’s force structure, with supporters citing Florida’s large population and disaster response needs. Senator Sharif voiced support for the effort. Next, the committee took up SB 1602, creating a Homes for Veterans Property Management Incentive Pilot Program in selected counties to help landlords house veterans through vacancy relief and risk mitigation funds; two amendments were adopted, and the bill was reported favorably as committee substitute. SB 1604, which creates the associated trust funds within the Florida Housing Finance Corporation, also received one technical amendment and was reported favorably as committee substitute. Throughout the meeting, several measures drew supportive testimony or comments, including representatives from Space Florida and the Florida Chamber on SB 1512 and a supporter on SB 1602. Multiple members offered to co-sponsor or support veterans-related measures. No bills were opposed in debate, all amendments were adopted without objection, and each item was reported favorably before the committee adjourned.

Transcript Highlights:

• <00:20:24.799> the<00:20:25.039> finance secretary secretary's level. the finance secretary
• We're going to go finance secretary.
• I just want involved with the financing.
• This finance project was identified in House Bill 6 of the 2024 budget, and that is sold.
• This finance project was identified in House Bill 6 of the 2024 budget, and that is sold.

Keywords: 0:00:07 Call to Order and Roll Call 0:00:47 Approval of Minutes 0:01:05 Correspondence and Information Items 0:54:15 Lease Rpt from Postsecondary Institutions 0:56:19 Project Rpt from Finance and Administration Cabinet 1:08:46 Lease Rpt from Finance and Administration Cabinet 1:13:00 Rpt from Office of Financial Mgmt - KIA 1:20:00 Office of Financial Management 1:35:50 Adjournment, 958, all

Summary: The meeting began with routine business, including welcoming new committee member Senator Reginald Thomas, approving the minutes, and receiving a correspondence report on several information items. Those items included University of Kentucky research equipment funding, UK capital project funding using federal/private funds, debt issues from McGoffin County and Owen County school districts, lease modifications by the Division of Real Properties, asset preservation project revisions at Eastern Kentucky University and Northern Kentucky University, and Kentucky Communications Network Authority (KCNA) information on Kentucky Wired critical infrastructure. The main discussion focused on a dispute over the Kentucky Wired communication shelters, or “huts,” and related payments under KCNA’s agreement with Asellicom/Excel. Brad Kilby of Asellicom testified that KCNA had not paid for the huts, that Asellicom had not received the alleged $8 million or any later payment, and that Asellicom remained the legal owner. Committee members pressed him on whether payment had been received, whether anyone else might have received it, and whether the lawsuit or dispute resolution process clarified the issue. Kilby said no payment had been received and that the matter was part of ongoing litigation. KCNA Executive Director Doug Hendricks and General Counsel Adam Atkins then testified. They said a certified check for $8.5 million was mailed in July, based on the Finance and Administration Cabinet secretary’s determination that $8.5 million was due under the model procurement code, even though KCNA had initially requested about $12 million to cover a worst-case estimate. They said the contract allowed payment in full or in tranches, that the huts were completed and operational, and that KCNA had not received documentation supporting Asellicom’s higher $10.1 million claim. Members expressed frustration over the missing check and the broader implications for Kentucky Wired, and one member requested that the committee obtain all agency requests related to KCNA/Kentucky Wired since inception; the co-chairs said they would look into making that information available. No formal vote was taken on the dispute during the portion provided.

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=a7dEK4k86_E, 2026-06-21T07:17:07+00:00, 2.2.24, Data collected via generic collector engine, 00:00 Call to Order and Roll Call 00:42 Correspondence and Information Items 02:50 Approval of Minutes 03:15 Project Report from Finance and Administration Cabinet 09:42 Lease Report from Finance and Administration Cabinet 11:55 Report from Office of Financial Management 30:36 Adjournment, 958, all, 2.2.42, 2.1.47

Transcript Highlights:

• So it that as sort of a a financing?
• Ted Bolan for Climate the committee. Ted Bolan for Climate Protectors<00:42:31.200> Hawaii.
• And we have Climate >> Thank you. And we have Climate Protectors<00:50:10.240> Hawaii.
• This is the HDIA financing.
• This is the HDIA financing. This is the HDIA financing.

Bills: HB2245, HB1618, HB1985, HB2079, HB1921, HB2232, HB1567, HB1984, HB2608, HB2435, HB1623, HB1774

Keywords: wastewater systems, denitrification, environment, pollution, coral reefs, nearshore waters, public health, shoreline regulations, cesspool conversion, cesspool replacement, wastewater, sewer connection, sewerage systems, septic system, pollution control, water pollution control revolving fund, Hawaii Green Infrastructure Authority, HGIA, low-interest loans, forgivable loans

Summary: The committee heard testimony on several bills related to cesspools, wastewater, and clean water protections. On HB 2245, which would require additional denitrification capacity in wastewater systems near shorelines, the Department of Health offered comments, DLNR supported the bill, and multiple environmental and ocean groups testified in strong support, emphasizing nitrogen pollution from cesspools, reef damage, and the need to prioritize shoreline systems. Testifiers said the bill should move forward, with technical issues such as GIS mapping to be worked out later. No member questions or votes were taken on this measure. On HB 1985, concerning the Hawaii Green Infrastructure Authority and accessible conversion loans for cesspool homeowners, HGI supported the bill and suggested making the program a revolving loan fund; DLNR and the Public Utilities Commission also supported it, while the Department of Health supported the concept. Committee discussion focused on program design, possible forgivable loans for low-income homeowners, and whether the program should be administered through existing infrastructure rather than a new procurement process. The committee then moved to HB 1985’s companion discussion on cesspool conversion outreach and deadline extensions, where DLNR and DOH supported outreach but DLNR and ocean advocates expressed reservations about extending deadlines, especially for financial hardship, saying that issue would need careful work. The committee also heard testimony on HB 2079, which would reestablish the accessible upgrades inversion or connection income tax credit. The Department of Taxation raised administrative and fraud concerns about refundable credits, explaining that nonrefundable credits reduce tax debt while refundable credits can function like cash payments and require more oversight. DOH, DLNR, OPSD, counties, Hawaii Realtors, and environmental groups supported the bill, with one ocean coalition witness saying tax credits could help homeowners but grants would be preferable. Members asked about the difference between refundable credits and grants and about whether the credit would cover sewer connections versus individual wastewater systems. The committee then heard brief testimony on HB 1921, allowing certain priority-three cesspools to add a bedroom, with support from Hawaii Realtors and some other groups and no opposition discussion. HB 2232, preserving state water-quality protections at least as strong as the federal Clean Water Act, drew support from DOH and ocean advocates, with no questions. The committee also began hearing energy-related bills, including HB 1567 on energy equity and HB 1984 on self-certification for distributed energy resources, with a mix of support and some opposition or requested amendments, but no votes were taken in the portion provided.

Transcript Highlights:

• was a different motion on the table and moved that House File 1392 be re-referred to the Judiciary Finance
• So I move that House File 1392 be re-referred to the Judiciary Finance and Civil Law Committee.
• House File 2233 is re-referred to the Judiciary, Finance, and Civil Law Committee. Thank you.
• and Civil Law to the Judiciary Finance and Civil Law Committee.<00:43:17.040> Thank Committee
• And I move House File 1289 be re-referred to the Health Finance and Policy Committee.

Bills: HF1392, HF2233, HF695, HF2228, HF1289

Keywords: consumer protection, restitution, attorney general, consumer enforcement, unclaimed funds, victim compensation, settlement funds, special revenue fund, general fund, restitution account, consumer fraud, state treasury, eligible consumers, distribution of funds, tax subtraction, income tax, refund, unpaid compensation, Minnesota Department of Revenue, consumer redress