Video & Transcript Research : 'admin penalties'
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HI
NM
Transcript Highlights:
- This is in addition to sometimes a $100 admin fee or $200 holding fee, sometimes in conjunction with
NM
Transcript Highlights:
- There's one more, Admin. Thank you, Madam Chair.
FL
Florida 2025 Regular Session
February 12, 2025 - 03:30 PM
Transcript Highlights:
- We have our admins continue to help within the units to do some of that HR work.
Summary:
The subcommittee met to review agency vacancy reports and agency-requested budget reductions, with Chair Lopez framing the discussion around stewardship of taxpayer dollars, agency efficiency, and whether long-vacant positions should be cut or repurposed. Members were given vacancy summaries and asked to focus on how agencies are functioning with current staffing, which positions are mission critical, and whether some vacancies reflect market pay issues, re-engineering of work, or true excess capacity. The chair also noted that agency heads had been asked to provide follow-up information on current openings, average vacancy duration, mission-critical roles, and reasons for vacancies.
The Department of Revenue was the first major agency reviewed because it had the largest number of vacancies. Its leadership said vacancies had improved from pandemic-era highs due to market pay adjustments, but that some areas—especially general tax and audit—still had long-term openings. The department explained that some positions are intentionally frozen while work is restructured, that it hires above minimum salary in some cases to stay competitive, and that it is using automation and process changes to reduce backlogs. Members raised concerns about vacancies outside Leon County, out-of-state auditor positions, salary compression, and whether the department should provide a list of frozen positions and the salaries actually needed to recruit.
The Department of Financial Services said its long vacancies were concentrated in risk management, law enforcement, and the general counsel’s office, where salaries and competition from private employers and other agencies make hiring difficult. DFS said it was using outside vendors in some areas, had reduced vacancies in its general counsel office significantly, and was willing to identify positions that could be cut, including some from treasury and OAT. The Department of Business and Professional Regulation reported progress in lowering vacancies through statewide recruiting, centralized legal hiring, automation in service operations, and leadership changes in alcoholic beverages and tobacco; it said one recommended cut could be achieved by combining two half-time positions. The Florida Lottery reported a low vacancy rate, said all positions were critical, and explained its longer onboarding time due to extensive background checks; members discussed sales reps, incentives, and the agency’s field-office structure. The Office of Financial Regulation said many of its vacancies were already in the hiring pipeline, with recent vacancies tied to promotions, a death, and internal moves, and noted that it often serves as a training ground for federal agencies. The Office of Insurance Regulation, which had a high vacancy rate concentrated in Leon County, said it had been reducing vacancies from a much higher level and was still working through hiring and administrative constraints.
HI
Hawaii 2026 Regular Session
WAM-HHS, WAM-EDU Informational Briefings 01-14-2026
Hawaii Senate Floor Meeting
Transcript Highlights:
- the recent OBVA responses and the administrative changes that we are required to do to not incur penalties
- the recent OBVA responses and the administrative changes that we are required to do to not incur penalties
- Um, it's a request for the increased, um, the increase from 50% to 75% of the state share for admin costs
- year 27 request just reflects um three quarters of the year because the um increase, the shift in admin
- I think, you know, we're not involved in day-to-day ops, and we rely upon admin to really come up with
HI
Transcript Highlights:
- So my concern is that that's an example of the concern being the increased harshness of the penalties
- <01:17:49.760>
on <01:17:49.920>this <01:17:50.280>and penalties on this and penalties - the increased harshness of the penalties the increased harshness of the penalties and<01:18:20.160
- Uh, those are just the maximum possible penalties for petty misdemeanors, period.
- Uh, those are just the maximum possible penalties for petty misdemeanors, period.
Bills:
SB2613, SB2543, SB2398, SB2046, SB2800, SB2818, SB2973, SB2367, SB2907, SB3067, SB3053, SB2944, SB2074, SB2596
Keywords:
public school land transfer, Department of Education, DOE, land conveyance, fee simple title, tax map key, TMK, Act 307, Session Laws of Hawaii 2022, Act 139, Board of Land and Natural Resources, BLNR, Department of Land and Natural Resources, DLNR, Kauai, Maui, Honolulu, Kaimuki Middle School, Wilcox Elementary School, school property
Summary:
The committee heard testimony on SB 2613, SD1, HD1, relating to public school land transfer. The Attorney General’s office and the Department of Education supported the bill’s technical cleanup of Act 307, but strongly opposed a new provision that would convey school parcels containing public and school library facilities to the Hawaii State Public Library System. They argued the added transfer language conflicted with Act 307’s purpose of consolidating school land for more efficient school operations, and said existing law already allows co-located library use through rights of entry, licenses, or other agreements. The library system supported the bill and said it was trying to resolve longstanding operational conflicts on shared school-campus libraries, especially where public access, construction, and campus safety issues arise.
Members questioned whether the Board of Education should simply mediate the dispute, whether the bill was the right solution, and whether a formal memorandum of agreement might be a better approach than a land transfer. The library system described years of difficulty coordinating with DOE on projects and said it needed a clearer process to complete work and spend CIP funds. Discussion also touched on a Kauai parcel in the bill, identified as a tennis court, and whether resurfacing could be completed before any transfer. The Attorney General indicated that if the goal is to preserve library uses while keeping title with the state, DLNR or another documented arrangement may be more appropriate than transferring fee title to the library system.
The committee then heard SB 2543 SD2 HD1, relating to state construction projects. DAGS supported the measure, and the Hawaii Ironworkers Stabilization Fund and Hawaii Building Construction Trade Council strongly supported it, saying the bill would help spot-check high-cost projects and reduce waste from overruns and delays. One testifier opposed the bill, arguing the proposed construction manager role was too limited and that DAGS needed more training, decentralized authority, and better internal decision-making rather than a new layer of oversight. Supporters said the bill was intended as a pilot program to address repeated cost overruns and improve accountability on state construction projects.
TX
Bills:
SB8, SB4, SB43, SB1, SB2, SB13, SB6, SB10, SB16, SB14, SB3, SB8, SB4, SB43, SB1, SB2, SB13, SB6, SB10, SB16, SB14, SB3
Keywords:
education, accountability, public school assessment, state law, transparency, intervention, performance ratings, Texas congressional redistricting, U.S. House districts, congressional map, redistricting, gerrymandering, 2020 Census, census tracts, block groups, voting districts, election law, Texas House of Representatives districts, federal congressional districts, 2026 elections
TX
Bills:
SB614, SB872, SB1199, SB1212, SB1278, SB1573, SB1588, SB1602, SB1660, SB1704, SB1723, SB1833, SB1858, SB1946, SB2009, SB2146, SB2177, SB2373, SB2460, SB2785
Keywords:
forensic science, capital writs, criminal justice, case review, Texas Forensic Science Commission, SB 872, burglary of a vehicle, vehicle burglary, theft of a firearm, stolen gun, firearm theft, Penal Code Section 30.04, third-degree felony, Class A misdemeanor, criminal penalty enhancement, gun theft, vehicle break-in, property crime, sentencing enhancement, Texas criminal law
TX
Transcript Highlights:
- These penalties are at a higher level than for the general public.
- In Florida, the penalty was increased to a first-degree felony in 2012.
- How much do you see that being in the law or insufficient penalties, that type of thing, and how much
- It creates an express, clear civil remedy and a criminal penalty, scaling the penalties commensurate
- We simply will enhance a penalty by one penalty grade if they use social media to prey on your kids.
Bills:
SB614, SB872, SB1199, SB1212, SB1278, SB1573, SB1588, SB1602, SB1660, SB1704, SB1723, SB1833, SB1858, SB1946, SB2009, SB2146, SB2177, SB2373, SB2460, SB2785
Keywords:
forensic science, capital writs, criminal justice, case review, Texas Forensic Science Commission, SB 872, burglary of a vehicle, vehicle burglary, theft of a firearm, stolen gun, firearm theft, Penal Code Section 30.04, third-degree felony, Class A misdemeanor, criminal penalty enhancement, gun theft, vehicle break-in, property crime, sentencing enhancement, Texas criminal law
TX
Bills:
SB 614, SB 872, SB 1199, SB 1212, SB 1278, SB 1573, SB 1588, SB 1602, SB 1660, SB 1704, SB 1723, SB 1833, SB 1858, SB 1946, SB 2009, SB 2146, SB 2177, SB 2373, SB 2460, SB 2785
Keywords:
forensic science, capital writs, criminal justice, case review, Texas Forensic Science Commission, SB 872, burglary of a vehicle, vehicle burglary, theft of a firearm, stolen gun, firearm theft, Penal Code Section 30.04, third-degree felony, Class A misdemeanor, criminal penalty enhancement, gun theft, vehicle break-in, property crime, sentencing enhancement, Texas criminal law
TX
Transcript Highlights:
- request a tax certificate for $10 from the tax collector showing the amount of delinquent taxes, penalties
Bills:
SB467, SB325, SB867, SB994, SB1052, SB1237, SB1449, SB1531, SB2063, SB2172, SB2173, SB2520, SB2529, SB2538, SB2541, SJR46, SJR84
Keywords:
SB 467, Texas property tax, ad valorem tax, homestead exemption, residence homestead, fire damage, house fire, destroyed home, temporary tax relief, appraisal district, chief appraiser, local taxing unit, tax rollback, tax refund, Tax Code Chapter 11, prorated exemption, homestead improvement, disaster relief, property tax exemption, residential property
Summary:
The committee heard several local government and property tax bills, with most testimony focused on appraisal disputes, tax administration, and development rules. Senate Bill 1052 by Senator Hinojosa would address coastal county appraisal litigation by requiring property owners in certain large-value disputes to report an uncontested taxable value while appeals are pending, so taxing units can base truth-in-taxation calculations on more realistic revenue. Nueces County, Del Mar College, and Corpus Christi ISD testified in support, describing major budget shortfalls caused by refinery valuation disputes; the committee substitute narrowed and clarified the bill’s scope. No opposition was heard, public testimony closed, and SB 1052 was left pending.
The committee also heard Senate Bill 1531, which would require local tax collectors to accept common electronic property tax payments such as credit cards, debit cards, and e-checks. Witnesses supported modernizing payment options and the committee substitute removed ACH/electronic funds transfer language to avoid bank-account disclosure concerns. Public testimony closed and the bill was left pending. Senate Bill 325, by Senator Perry, would restore platting and groundwater-certification requirements that were unintentionally weakened by prior legislation; supporters from county government, water groups, and builders’ representatives debated whether the real issue was groundwater protection or road standards for private roads. The bill was left pending after extensive testimony and no vote.
The committee then took up Senate Bill 994 and SJR 46, which would exempt certain livestock feed inventory from property tax and provide the constitutional amendment needed for that change. Feed store and Farm Bureau witnesses supported the measure as relief for seasonal inventory taxes, and the bills were left pending. Senator Paxton presented SB 467 and SJR 84 to create a temporary property tax exemption for homes completely destroyed by fire, with refunds or corrected bills based on the date of loss; both were left pending. SB 1237 would clarify charitable property tax exemptions for senior housing and retirement communities, with testimony from Catholic and Baptist retirement organizations and a resident describing rising costs and exemption revocations; it was also left pending. The committee later voted 6-0 to report SB 2073, a pending bill on appraisal district authority to purchase or finance real property, and recommended it for the local and uncontested calendar.
Finally, the committee heard SB 2172, SB 2173, and SB 2063, all related to property tax administration. SB 2172 would limit when appraisal districts can require homeowners to reapply for homestead exemptions, requiring a specific reason and written notice; SB 2173 would protect new homeowners from surprise tax liabilities caused by prior owners’ erroneous homestead exemptions, with testimony describing large back-assessment bills; both were left pending. SB 2063 would bar appraisal districts from using market-value evidence in unequal appraisal protests, and testimony sharply divided between taxpayer advocates, who said market data improperly overwhelms equity claims, and appraisal district representatives, who argued market value is inherently tied to equal-and-uniform taxation and cited a recent Texas Supreme Court decision; the bill was left pending after testimony.
MN
Minnesota 2025-2026 Regular Session
House Judiciary Finance and Civil Law Committee 3/25/25
Judiciary Finance and Civil Law
Transcript Highlights:
- I think, too, that this money comes federally from fines and penalties, and now with the amendment that
- Please state your name and go ahead with your testimony.” penalties uh which included $1,000 per penalties
- Krauss said, “The bill, subdivision 4, penalty applies the Minnesota Consumer Fraud Act under chapter
- The penalties now will include that if I was to take a Minnesota client for VA appeals purposes, and
- the the penalty the the penalty section<01:38:11.040>
also <01:38:11.760>impermissibly
Keywords:
veterans, benefit services, accreditation, consumer protection, civil penalties, disclosure requirements, HF102, Sibley County Road 166, Freedom Drive, Arlington, Sibley County, Minnesota transportation bonds, bonding bill, capital investment, road extension, highway access, intersection improvements, right-of-way acquisition, water main, sewer improvements
TX
Bills:
HB14, HB 106, HB146, HB267, HB274, HB 1127, HB1359, HB1393, HB1584, HB1640, HB1710, HB2152, HCR101, HJR8, HR51, HB106, HB146, HB267, HB274, HJR8, HR51
Keywords:
nuclear energy, advanced reactors, energy security, grant programs, Texas Advanced Nuclear Energy Office, HB 106, oil and gas, Railroad Commission of Texas, overhead electrical lines, electrical distribution system, power line maintenance, administrative penalty, Natural Resources Code, oil and gas lease, well operator, energy safety, utility infrastructure, regulatory compliance, cleanup fund, oil and gas regulation and cleanup fund
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance May 19th, 2026
Transcript Highlights:
- not, like, some requirement when they come into the school to do a mandatory screener in order for admins
- removed at May Revision that required certain elements to be disclosed in the audit, there was no audit penalty
Summary:
The committee first took up the May Revision update on Proposition 98 and the school rainy-day fund. The Department of Finance said the minimum guarantee rises by $6.4 billion over the Governor’s Budget across the three-year window, with lower average daily attendance projections offsetting some of the revenue gains. Finance also described a reduced $3.9 billion settle-up proposal, increased deposits into the Public School System Stabilization Account, and an ending reserve balance of about $10.3 billion. The LAO said the revenue and LCFF adjustments were reasonable, but urged the Legislature to be cautious about delaying settle-up payments and to consider more budget resiliency, including larger cushions or other tools to protect ongoing programs.
Members then questioned the administration and LAO about the size of the settle-up, the rationale for the reserve deposit, declining enrollment, and how lower attendance is creating savings that can be redirected to other school priorities. The LAO said the May Revision’s mix of one-time and ongoing spending was generally reasonable but recommended keeping a strong cushion and considering alternatives such as advance payments or pension-related savings. Questions also focused on how the May Revision’s funding mix affects districts if revenues weaken, and on the treatment of special education, discretionary block grants, and paid family leave costs for LEAs and community colleges.
The committee next heard the community colleges portion of the budget. Finance described a higher SCFF COLA, increased apportionment costs, a student support block grant, deferred maintenance, Common Cloud, Calbright, credit for prior learning, and a one-time adult learner demonstration project. The Chancellor’s Office supported the core investments but asked for more funding for enrollment growth, changes to the SCFF growth formula, and a COLA for Student Equity and Achievement. The LAO recommended funding the statutory COLA increase, noted a $52 million current-year apportionment shortfall not yet included in the May Revision, and suggested the Legislature could instead direct some funds to enrollment growth, categorical COLAs, or one-time uses. Members also clarified how COLA and hold-harmless rules apply to different community college districts.
Finally, the committee reviewed the proposed state implementation of the federal Workforce Pell program. Finance proposed one-time funding for the Student Aid Commission and Cradle to Career data work, plus trailer bill changes to set up state approval of eligible programs. CSAC said the program is promising but highly complex, with new federal rules just released and significant data, regulatory, and systems work still needed; it said the state will not be ready by July 1 and that ongoing funding will likely be necessary. The LAO agreed that implementation will require careful trailer bill language and noted that ongoing administrative costs remain unresolved. Members asked about other states’ approaches and the practical effect on short-term workforce programs in California.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance May 19th, 2026
Transcript Highlights:
- not, like, some requirement when they come into the school to do a mandatory screener in order for admins
- removed at May Revision that required certain elements to be disclosed in the audit, there was no audit penalty
Summary:
The committee heard an overview of the May Revision’s Proposition 98 changes for K-12 and community colleges. The Department of Finance said the minimum guarantee rises by $6.4 billion over the Governor’s Budget across the three-year window, with higher guarantees in each year, full payment of the prior settle-up, and larger deposits into the school rainy-day fund. The LAO said the revenue and LCFF updates were reasonable, but urged caution about the settle-up approach and recommended using more of the available funding to protect ongoing programs and build budget resilience. Members focused heavily on the size of the proposed $3.9 billion settle-up, the $10.3 billion reserve deposit, declining K-12 enrollment, and how much of the new funding should be ongoing versus one-time.
The committee then reviewed the community colleges portion of the budget. Finance described the May Revision’s higher SCFF COLA, additional funding for enrollment growth, a student support block grant, apprenticeship adjustments, and continued funding for deferred maintenance, Calbright, Common Cloud, and credit for prior learning. The Chancellor’s Office supported the core investments but asked for more funding for enrollment growth, changes to the growth formula, and a COLA for Student Equity and Achievement. The LAO recommended prioritizing the statutory COLA increase, noted that more than half of districts are already above current-year growth targets, and said the new adult learner demonstration project should be rejected because districts already have tools to support similar services. Members also discussed a $52 million current-year apportionment shortfall, which Finance said was discovered too late for the May Revision and would need to be addressed later.
Finally, the committee took up the proposed implementation of the federal Workforce Pell program. Finance proposed one-time funding for the California Student Aid Commission and Cradle to Career to build eligibility and data systems, along with trailer bill changes to set up state approval processes. CSAC said the program is promising but highly complex, that California lacks the needed infrastructure, and that the state will need emergency regulations, data linkages, and ongoing funding beyond the one-time proposal. The LAO agreed that some initial funding is needed but warned that the amounts and ongoing costs remain uncertain and that the Legislature should carefully draft the trailer bill language. Members asked about timing, other states’ actions, and how the state would ensure the program is ready for students and institutions.
OR
Oregon 2026 Regular Session
Joint Task Force On Municipal Solid Waste in the Willamette Valley 07/10/2026 1:00 PM
Transcript Highlights:
- And then, as I mentioned, we have a loan fee in orange there that supports the admin and ops across the
Summary:
The task force met to focus on funding systems and incentive structures for a proposed regional waste infrastructure effort, including how a future WIPA framework might support solid waste planning in the Willamette Valley. Staff and members heard presentations from DEQ on the Clean Water State Revolving Fund, from Business Oregon on the Special Public Works Fund, and from Oregon State Treasury on state bonding capacity and the bond issuance process. Presenters explained how their programs are structured, how projects are scored or approved, what kinds of public entities and projects are eligible, and how interagency coordination and co-funding can work. DEQ emphasized that its revolving loan fund is driven by water-quality benefits and public-health criteria, while Business Oregon described a broader infrastructure loan program for public entities with no scoring system, and Treasury outlined the state’s debt-capacity process and the differences between general obligation and lottery bonds.
Members used the presentations to discuss whether similar funding tools could support solid waste infrastructure, especially for transfer stations, regional hubs, and related facilities that may need to be built before Coffin Butte reaches the end of its lifespan. Several questions centered on whether public-private partnerships could qualify, whether equipment inside facilities could be financed, how repayment would work, and whether planning costs could be covered. DEQ and Business Oregon both said they could potentially collaborate on scoring or co-funding, but noted eligibility limits and the need for public ownership in many cases. Treasury said bond capacity is limited and competitive, especially for lottery bonds, and that project authorization generally runs on a two-year cycle, though unused authority can sometimes be reauthorized.
In task force discussion, members debated whether the group should pursue a dedicated funding lane for the seven-county region rather than having local governments compete with other statewide needs. Some members stressed the importance of criteria to avoid stranded assets and to ensure funding is available when projects are ready, while others raised concerns about how cities and counties would generate revenue to repay debt during construction and early operations. The group also discussed flow control, system fees, and the need for regional collaboration among counties, cities, and haulers to create enough waste volume to support new infrastructure. Staff noted that pre-session filing materials for the legislature are due September 11, and the chair said the August meeting will focus on organizational structure and identifying partners.
During public comment, Representative Kevin Mannix submitted written testimony supporting the WIPA concept and urging the task force to endorse it. Commissioner Bubba King of Yamhill County urged the task force to compare alternatives objectively and warned against adding bureaucracy before evaluating existing infrastructure and costs. Commissioners Kevin Cameron and Roger Nyquist of Marion and Linn counties described regional hub-and-spoke concepts, transfer stations, and intermodal options, emphasizing the need for planning, strategic siting, and collaboration with haulers and local governments.
ND
North Dakota 2026 1st Special Session
Budget Section Regulatory Division Jun 24th, 2026
Transcript Highlights:
- little bit more about, actually now I'm going to move into an update on the funds administered by the admin
Summary:
The committee received a compliance and budget update on Industrial Commission agencies and programs, including the Industrial Commission administrative office, the Oil and Gas Research Program, the Clean Sustainable Energy Authority, the State Energy Research Center, the Research Technology Park grant program, and related funds. Staff reviewed spending and balances for items such as electric grid resiliency grants, lignite research, enhanced oil recovery, the salt cavern business case study, and the new NDSU research and technology park grant. Members also discussed timing, carryover balances, matching requirements, and how some programs are structured to reimburse projects over several years rather than spend funds immediately.
Karen Tyler of the Industrial Commission described the agency’s administrative budget, the grant management system nearing completion, and the transition to standalone audits and staffing after separating from other agencies. She also outlined the status of active grant rounds across lignite, oil and gas, renewable energy, outdoor heritage, and clean sustainable energy programs. Members asked about the length of active grants, demand for clean energy funding, and the possibility of future grant rounds. Tyler and members also discussed the salt cavern study, the need to better define its commercial value, and the research technology park grant’s cash-match requirement.
Ron Ness then testified on enhanced oil recovery and broader oil and gas market conditions. He said North Dakota production remained steady, but future growth depends on infrastructure, longer laterals, and better use of natural gas and carbon dioxide for EOR. He described the state’s EOR grant round, the use of federal DOE funding to replace part of a state-funded project, and the expectation of additional grant rounds. Members asked about CO2 supply, storage, and the economics of using legacy fields and pipelines to extend oil production and support agriculture and industrial uses.
The committee also heard from Bank of North Dakota President Don Morgan, who reviewed the bank’s mission, governance, lending verticals, disaster programs, and new initiatives. He said the bank is seeing deposit growth flatten and is responding to fintech competition by focusing on liquidity, risk management, and a new payment infrastructure initiative called Rough Rider Coin, which he emphasized is not crypto and not a public coin, but a banking payment rail for North Dakota institutions. Members asked about student loan rates, disaster lending, and how the bank’s lines of credit and balance sheet capacity are affected by deposit trends. Morgan said the bank remains profitable and continues to support agriculture, commerce, and industry through participation loans, student lending, and state-directed programs.
ND
North Dakota 2025-2026 Regular Session
Budget Section Regulatory Division Jun 24th, 2026
Transcript Highlights:
- little bit more about, actually now I'm going to move into an update on the funds administered by the admin
Summary:
The committee took roll, approved the March 18 minutes, and then received a compliance-report update on the Industrial Commission and related funds and programs. Staff reviewed the status of one-time appropriations and grant programs, including electric grid resiliency, lignite research, enhanced oil recovery, the Clean Sustainable Energy Authority, the salt cavern business-case study, and the new NDSU research and technology park grant. Members asked about funding balances, reimbursement timing, matching requirements, and how some commitments would affect the State Investment Fund and future biennia.
Industrial Commission staff then gave a broader update on the agency’s administrative office, grant management system, leadership transitions at several commission agencies, and active grant rounds. They reported that the grant management system is nearing completion, that several agency leadership searches have concluded, and that the commission’s grant programs currently have 108 active grants totaling more than $165 million. They also described the Clean Sustainable Energy Authority round, the oil and gas research program’s enhanced oil recovery awards, the grid resiliency grants, the salt cavern study, and the research technology park program, noting that some projects are awaiting federal funds or additional matching cash.
Ron Ness, speaking for the Oil and Gas Research Council, focused on the state of the oil industry and the enhanced oil recovery “Bakken 2.0” effort. He said production remains steady, but future growth depends on better infrastructure, longer laterals, and new EOR methods such as CO2, natural gas, and surfactants. He emphasized the importance of the Bakkeneast pipeline and related gas-utilization projects, the recent DOE funding that will return some money to the research council, and the need to modernize tax and incentive rules for CO2-based recovery. Members discussed the potential economic benefits for oil, agriculture, and manufacturing.
The Bank of North Dakota then presented its compliance report and a broader strategic update. Bank leadership reviewed the bank’s mission, governance, participation lending, student lending, disaster programs, and legislatively directed programs, and said the bank is managing for a flatter deposit base and stronger liquidity because of fintech competition and changing market conditions. They reported improved earnings, with net income rising to about $231 million, and described Rough Rider Coin as a new internal payment rail for North Dakota banks and credit unions, not a public cryptocurrency. Members asked about student loan eligibility, disaster lending, and the bank’s capacity to support state programs while maintaining its balance-sheet and liquidity requirements.
NM
New Mexico 2025 Regular Session
IC - Military and Veterans Affairs Nov 5th, 2025
Transcript Highlights:
- Eighty-three percent of our staff are in the field, and only 27 staff are in admin here in Santa Fe when
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Oct 15th, 2025
Transcript Highlights:
- 90, 20% to the agency, and then 20% from the commission would then go to tax and have to offset the admin