Video & Transcript Research : 'surety'

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MN

Minnesota 2025-2026 Regular Session

House Environment and Natural Resources Finance and Policy Committee 3/5/26

Environment and Natural Resources Finance and Policy

Transcript Highlights:
  • world as a CFO, things that I've had to work with on our grants is always making sure that we've got surety
  • Do we even mention the need to, you know, the thought of having surety bonds to make sure that if something
  • In terms of surety bonds, you know, the legislature has required certain programs or entities that do
  • business with the state to have surety bonds, sometimes even fidelity bonds.
  • me immediately is that in the medical assistance programs, certain providers are required to have surety
Keywords: 1183, house
Summary: The committee approved the March 3 minutes and then heard a presentation from the Office of the Legislative Auditor on state grant-management requirements. Deputy Legislative Auditor Katherine Tyson outlined the main controls agencies must follow, including pre-award risk assessments for grants of $50,000 or more, reimbursement as the preferred payment method, limits and documentation requirements for advance payments, and monitoring obligations for active grants. She emphasized that these controls are intended to reduce improper payments and fraud, but also require staff time and strong internal systems. In response to questions, she said advance payments are used in some grants but reimbursement is more common, and noted that agencies can add controls such as retaining a portion of funds, surprise visits, or audits. She also said surety bonds are required in some state programs, but not generally for grants, and that this could be a policy discussion for the executive branch. The committee then received a Department of Natural Resources presentation on the new Environment and Natural Resources Trust Fund community grant program created in 2023 law. DNR officials said the program is intended to expand access to ENRTF funding, especially for communities affected by pollution and environmental degradation, and to support projects such as environmental education, resource restoration, trail work, and aquatic invasive species management. They said the department will use the same grants team that handles Outdoor Heritage Fund and LCCMR grants, which already manages a large volume of grants, and that the advisory council application is open through April 10. DNR described its implementation plan as similar to the Conservation Partners Legacy program, with both standard and expedited grant rounds, technical assistance, and use of technical experts. Differences include no match requirement, allowance for fiscal agents to help smaller organizations, and more flexibility for administrative expenses to reduce barriers to participation. Officials said the program will follow state grant rules, including pre-award financial reviews and monitoring, and will use the 5 percent administrative allowance to support both oversight and grantee assistance. They also said the report’s suggestion of advance payments for grants under $50,000 was raised for discussion, but they did not dispute the auditor’s emphasis that reimbursement is the preferred approach.
TX
Transcript Highlights:
  • We also get a little fee from lawyers in terms of their licensing, and then there is a fee on surety
  • I think it's $2 per surety bond. We get some funds there, too. But those have been stable.
  • available in rural Texas to handle indigent defense cases. licensing, and then there is a fee on surety
  • I think it's $2 per surety bond. We get some funds there, too. But those have been stable.
Bills: SB 1
Summary: The Senate Finance Committee convened for its first hearing of the 89th regular session, confirmed a quorum, adopted committee rules by a 15-0 vote, and began review of Senate Bill 1, the state budget for fiscal years 2026-27. Chair Huffman outlined the committee’s organization, introduced staff, and described the budget as conservative and focused on one-time investments. She highlighted major SB 1 priorities including property tax relief, full funding for public education formulas, teacher pay, school safety, border security, Medicaid growth, dementia research, energy and water infrastructure, transportation, wildfire suppression, and other capital and public safety needs. Comptroller Glenn Hager presented the biennial revenue estimate, saying the state has $194.6 billion available for general-purpose spending in 2026-27, with a projected $23.8 billion ending balance from the current biennium. He cautioned that revenue growth is returning to more normal levels and that lawmakers should avoid committing short-term surpluses to ongoing expenses. He also explained that the Economic Stabilization Fund is projected to hit its constitutional cap, meaning an estimated $5.6 billion in severance tax and related revenue would remain in general revenue in the upcoming biennium rather than flow into the fund. Senators discussed whether to raise or rename the fund and the implications of keeping more severance-tax revenue in general revenue. The Legislative Budget Board then gave an overview of SB 1 and the budget’s major funding changes. LBB staff explained that the bill is essentially flat at $332.9 billion in all funds, but includes large method-of-finance shifts and major property tax relief. They detailed how prior property tax relief enacted in the 88th Legislature grew from an estimated $18 billion to $22.7 billion because of higher property values and hold-harmless provisions, and said SB 1 continues that relief with a total of $51 billion in ongoing and new property tax support. Members asked extensive questions about the automatic growth in school tax compression, the constitutional homestead exemption, COVID-era federal funding, Medicaid assumptions, and the sunset of the non-homestead circuit breaker. No additional votes or final budget actions were taken beyond adoption of the committee rules.
CA
Transcript Highlights:
  • employers with outstanding wage theft judgments from operating in the state unless they obtain a surety
Summary: The Assembly Labor and Employment Committee met on March 19, 2025, adopted its rules, and approved the consent calendar before hearing several bills. AB 538, by Assemblymember Berman, would require awarding bodies on public works projects to make a timely attempt to obtain certified payroll records from contractors when the public requests them, rather than simply saying they do not have the records. Supporters said it would clarify existing prevailing wage enforcement; county, city, special district, and housing groups opposed it over workload, privacy, and potential funding risks. The bill passed the committee on a do-pass recommendation to Appropriations. The committee then heard AB 485, authored by Chair Ortega, which would direct state agencies to deny or renew business licenses for employers with outstanding wage theft judgments unless the judgments are satisfied or bonded. Supporters, including labor groups and a caregiver who described delayed recovery of unpaid wages, said the bill would give workers meaningful leverage to collect judgments. The California Hospital Association opposed it, warning that license action could threaten patient access to care. The bill passed on a do-pass recommendation to Appropriations. AB 596, by Assemblymember McKinnor, would codify workers’ right to wear a face covering or respirator at work unless it creates a direct safety hazard. Supporters said the measure would protect workers from illness, wildfire smoke, and employer restrictions after prior Cal/OSHA protections expired; the Chamber of Commerce opposed it narrowly, asking for an exception where masks are infeasible for certain tasks. The committee supported the bill and sent it to Appropriations. The hearing concluded with the roll kept open for absent members and the committee adjourned.
FL
Transcript Highlights:
  • And it gives surety and value to the customer. But it also provides that value to...
Summary: The joint committee met with a quorum present and first received an overview of its jurisdiction and duties related to appointing the Florida Public Counsel. Staff explained the committee’s authority under joint rules and state law, noted that the current Public Counsel’s term expires February 28, 2025, and that applications for the next four-year term were open with a February 6, 2025 deadline. The committee then heard an extensive update from Public Counsel Walt Truerweiler on the Office of Public Counsel’s work representing utility ratepayers before the Public Service Commission and in appeals. Truerweiler described the office’s caseload and priorities, including electric, gas, water, and wastewater rate cases; storm recovery dockets; cost-recovery clauses; rulemakings; and customer service hearings. He emphasized that the office seeks to challenge unsupported or imprudent costs, find value for customers, and use expert analysis and customer testimony to shape outcomes. He highlighted recent and ongoing matters, including major Duke, TECO, Sunshine water/wastewater, and hurricane recovery proceedings, and said the office had fully litigated four of its last five rate cases, while also achieving a major settlement in Duke that reduced a requested increase and imposed cost controls on solar projects. Members praised the office’s work and asked about the benefits of settlements, staffing and compensation, and how the office decides when to fully intervene versus provide guidance or monitor a case. Truerweiler said settlements can create predictability, reduce uncertainty and expense, and produce tangible value for both customers and utilities. He also acknowledged recruitment challenges, including lower pay than comparable agencies and difficulty attracting attorneys who do not want in-person litigation work. The committee took no substantive action beyond receiving the presentations, and adjourned after a motion was adopted.
FL

Florida 2025 Regular Session

House in Session Apr 3rd, 2025

Florida House Floor Meeting

Transcript Highlights:
  • I believe I've answered this question multiple times already, but the bond acts as a surety to protect
  • act as a greater deterrent and curb more fraud, and a million-dollar bond seems reasonable to be a surety
Bills: HB 9, HB 22, HB 908, HB 1392
NM

New Mexico 2025 Regular Session

Senate - Judiciary Feb 3rd, 2025

Senate Judiciary

Transcript Highlights:
  • So it used to be people would post, you know, a $500 or $5,000 cash surety bond, and they'd have to go
  • Now it's just a, you know, a surety. And then if they don't show up...
FL

Florida 2026 Regular Session

Transportation Jan 20th, 2026

Transportation

Transcript Highlights:
  • direct payments to a first-tier subcontractor, requires a takeover agreement between FDOT and an surety
Bills: S0382, S0654, S0684, S0880, S1080
Summary: The Transportation Committee met with a quorum and first took up SB 654 on traffic infraction enforcement, which would standardize procedures for red-light, school-zone speed, and school bus camera enforcement. The bill would allow clerks to retain 10% of penalty revenue, permit virtual hearings, require records retention, limit surveillance/data use, tighten school-zone flashing-light requirements, and add school board approval and reporting requirements for school bus camera programs. An amendment clarified reporting periods and which entity receives liability-transfer affidavits. Members raised questions about information-sharing, facial recognition, school-zone warnings, and school bus stop safety, but the committee accepted the amendment and reported the bill favorably. The committee then considered SB 1080, which was amended by a delete-all to address FDOT direct payments to first-tier subcontractors and takeover agreements involving sureties and replacement contractors. The amended bill was reported favorably. The committee also approved a slate of appointments in tabs 1 through 6 by one vote. Next, the committee heard SB 382 on electric bicycles and scooters. A strike-all amendment shifted the bill away from immediate enforcement changes and instead created an e-bike task force, required crash data collection and reporting, and retained rules requiring riders to yield to pedestrians, provide audible signals, and limit speed near pedestrians. Members discussed enforcement practicality, access concerns for riders who rely on e-bikes, and the need for public education and transparency. The amended bill was reported favorably. The committee then reported favorably SB 684, which removes certain signature requirements for electronic odometer disclosures in total-loss vehicle and vessel insurance transactions, and SB 880, which creates a new license plate for the Miami Northwestern Alumni Association. The meeting ended after all items were approved and the committee adjourned.
TX

Texas 89th Regular

Health and Human Services (Part II) Feb 26th, 2025

Health & Human Services

Transcript Highlights:
  • With the surety, if we can get back, let's get back to 2007 ingredients, which would be eggs, bacon,
Bills: SB 25, SB 314