Transcript Highlights:

• </c><00:04:00.319><c> with</c> equalize the value of your home with equalize the value of your home with
• </c><00:09:15.839><c> and</c> without having to go get a loan and without having to go get a loan and
• This that so we can keep them at home.
• </c> their home. their home.
• </c><00:13:49.600><c> and</c> they decide to purchase a new home and they decide to purchase a new home

Keywords: 1183, house

Transcript Highlights:

• and help more people stay in their homes.
• Program of $10 million will help create new single-family and rental homes across the state.
• Homes, with total development costs of nearly $1.9 billion.
• our partner organization NeighborWorks Home Partners.
• This is a first-of-its-kind manufactured home loan product.

Committee: House Housing Finance and Policy

Transcript Highlights:

• loan bank offering.
• </c><00:30:49.600><c> So</c> a home equity loan bank offering. So a home equity loan bank offering.
• , but the loan is not backing the money they didn't pay to the solar company.
• But yet, what if I'm taking the loan out to buy the car?
• ><c> for</c> know, million-dollar loans for know, million-dollar loans for commercial<00:38:03.520><c

Bills: HB1946 , HB1515 , HB1514 , HB1648 , HB1644 , HB1619 , HB1571 , HB1810 , HB2475 , HB1645 , HB2301 , HB1889 , HB1840

Committee: House Consumer Protection & Commerce

Keywords: time shares, registration, renewal, real estate, Hawaii, Director of Commerce and Consumer Affairs, workers' compensation, functional capacity examination, occupational therapy, physical therapy, employer responsibilities, injured workers, medical stabilization, vocational rehabilitation, injury recovery, employment services, return to work, nonprescription drugs, over-the-counter medications, healthcare providers

Summary: The committee on Consumer Protection and Commerce met on February 26, 2026, and heard several bills, mostly in the areas of workers’ compensation and consumer protection. HB 1946 HD1 on timeshare registration renewal drew support from DCCA’s timeshare program and major industry groups including Hilton Grand Vacations, the American Resort Development Association, and Marriott Vacations Worldwide, with no opposition noted. HB 1515 HD1, which would allow an attending physician to request a functional capacity examination without employer permission, was supported by DLIR and the Department of Human Resources Development and had no other in-person testimony; the bill was then moved on without questions. The committee spent substantial time on HB 1514 HD1, which would streamline workers’ compensation vocational rehabilitation by clarifying provider selection and requiring vocational plans within 90 days. DLIR supported the intent but asked for amendments, saying the 90-day deadline was too rigid given case-by-case complexity, limited staffing, and the need for coordination among injured workers, employers, and counselors; members discussed possible extensions and whether a 120-day timeline or other flexibility would be better. Testimony on the bill included one individual in support and seven in opposition. HB 1648 HD1, concerning workers’ compensation and physician dispensing of non-prescription drugs, drew support from DHRD and comments from DLIR and industry witnesses. DLIR said the bill should be narrowed so it does not restrict medically necessary over-the-counter medications or oral guidance from providers, while Aloha Billing Company and Solera Integrated Medical Solutions urged tighter limits on physician dispensing and raised concerns about pricing abuse through average wholesale price. Members discussed clarifying the bill’s language so it targets written prescriptions rather than oral advice. HB 1644 HD1, requiring a standardized disclosure form for residential solar contracts, received support from the Hawaii Solar Energy Association and Kauaʻi Island Utility Cooperative, while DCCA’s Office of Consumer Protection supported the consumer-protection goal but proposed stronger remedies, including a three-day cancellation right, voidability for missing disclosures, and possible lender liability; members questioned how those remedies should apply to lenders, and no vote was taken on the measures in the portion provided.

Transcript Highlights:

• We've got rules related to boarding homes, and boarding homes are really where people often are discharged
• I'm interested in these boarding homes and this licensure.
• The first is the Small Business Loan Recovery Program.
• until those loans come to fruition and end.
• Can you tell me what the interest rate on those loans is? Mr.

Transcript Highlights:

• home health agencies.
• And if I can't bring home five or six million dollars, And if I can't bring home five or six million
• I've never brought home more than eight or nine. What?
• brought home 35.
• When I brought home 35.

Keywords: 999, senate, all

Transcript Highlights:

• This is a forgivable loan.
• </c> pro uh provisions that are in this loan pro uh provisions that are in this loan agreement.<00:42
• </c><00:51:42.640><c> is</c> to be a cash repayment and the loan is to be a cash repayment and the loan
• ><00:52:35.359><c> as</c><00:52:35.520><c> I</c> understand the loan agreement, as I understand the loan
• </c> Elements to address some of those loans Elements to address some of those loans that<01:02:26.079

Keywords: Meeting start 00:00:00 Discussion of Nickels and School Facility Funding 00:02:13 Economic Development Projects in Elizabethtown and Hopkinsville 00:29:33 Correspondence and Reports Received 01:09:25, 958, all

Summary: The committee received an informational presentation from the Kentucky Department of Education and the School Facilities Construction Commission on school facilities funding. Staff explained the main funding sources used for school construction and renovation, including the mandatory “nickel” property tax levy, growth and equalized growth nickels, the equalized facility funding nickel, the Fort Knox/BRAC-related nickel for Hardin County, and the recallable nickel that districts can adopt locally. They also described the state equalization formula, noting that local construction costs have risen and that state support is formula-driven rather than a dollar-for-dollar match. The SFCC outlined how unmet facility need is calculated through district facility plans, which are developed locally with community, staff, and board input and then reviewed by KDE staff for consistency and reasonableness. The commission said it will update the statewide unmet need report this fall, adopt it in December, and provide the figure to the committee in January 2026. It reported that the statewide unmet facility need was about $7 billion in 2023, with about $951 million in local revenue available, and said its offers of assistance are paid as debt service over eight years. The commission also said the most recent legislative offer of assistance was its smallest since SFCC’s creation in 1985, and requested an additional $60 million for the next biennium. Members asked about how districts use nickel tax levies, who determines facility need, whether the process includes physical inspections, and how bonding capacity affects offers of assistance. Staff said nickel levies are generally adopted with regular tax rates, that facility need is locally developed but reviewed by KDE, and that KDE project managers and district-hired architects review plans on paper rather than through in-person inspections. They also explained that bonding capacity can affect a district’s ability to use or receive assistance. Questions were also raised about federal funds tied to earlier KIX grants and about districts with zero remaining offers of assistance; staff said most grant-funded projects are underway or complete, and that a zero balance means a district has spent its available assistance. No votes or formal actions were taken.

Transcript Highlights:

• They need to pay the requirements, tuition, and whatever is on the list of items in your home, right?
• How quickly does it help us accelerate the down payment on those extending, outstanding loans?
• How quickly does it help us accelerate the down payment on those outstanding loans?
• And then when it comes to the unemployment insurance loan, the state is paying the interest on that loan
• I'm not sure everybody at home knows who you are, so thank you for doing it. All right.

Summary: The Senate Committee on Budget and Fiscal Review held an informational hearing on ACA 20, the Save for California’s Future Act, and took no votes. The chair described the measure as a way to strengthen the state’s Rainy Day Fund by increasing reserves during strong revenue years and helping pay down long-term obligations. The vice chair said he preferred a broader spending rule tied to a rolling average of revenues, rather than the proposal’s reserve-focused approach. The Legislative Analyst’s Office explained how Proposition 2 currently requires deposits into the Budget Stabilization Account and debt payments when revenues are strong, and how ACA 20 would change those rules by increasing required reserve deposits, raising the BSA target from 10% to 20% of General Fund revenues, creating a “super excess capital gains” deposit requirement, extending debt-payment requirements through 2040, and expanding eligible debt uses to include Proposition 98 settle-up, budgetary borrowing, and federal unemployment insurance debt. The Department of Finance said the administration supports the measure and believes it improves Proposition 2. Members asked about the Gann limit, whether the measure would allow more spending or simply change how deposits are counted, the impact on infrastructure and other programs, the size of the UI debt, and how the proposal would affect future budget flexibility. Several senators supported the goal of saving more in good years and using reserves to avoid painful cuts in downturns, while others questioned whether the proposal was sufficiently simple or whether a larger structural spending rule would be better. Public comment largely supported the measure, with one former legislative staffer arguing it follows earlier reserve reforms and helps address the state’s UI debt. The chair closed by noting the committee would not act that day and that the measure would be considered on the Senate floor the next day.

Transcript Highlights:

• They need to pay the requirements, tuition, and whatever is on the list of items in your home, right?
• How quickly does it help us accelerate the down payment on those extending, outstanding loans?
• How quickly does it help us accelerate the down payment on those outstanding loans?
• And then when it comes to the unemployment insurance loan, the state is paying the interest on that loan
• I'm not sure everybody at home knows who you are, so thank you for doing it. All right.

Committee: Senate Budget and Fiscal Review

Keywords: 987, senate, all

Transcript Highlights:

• historically, the role of community colleges was for a kid graduating from high school to stay at home
• We did accept the one-time state loan, but this pause in new ongoing funding, at a time when we were
• So I'd love for you to speak a little bit more to what some of those loan funds were utilized for, and
• At the University of California, we took out the loan, and we advised campuses to spend it on student
• rather than carry the loan forward.

Summary: The subcommittee heard opening remarks and updates from UC President James Milliken and CSU Chancellor Mildred Garcia on the state of higher education, including federal funding losses, civil rights/Title IX compliance, enrollment, housing, and budget needs. Both leaders emphasized the value of UC and CSU to California’s workforce, research, and economic mobility, while warning that federal grant cancellations, investigations, and changes to student aid are creating major financial and operational strain. UC reported losing or having at risk more than 1,600 grants and over $1 billion in research activity, while CSU said it had lost more than 200 grants totaling about $161 million, including minority-serving institution grants that affected student support programs. Both systems said they are investing in civil rights services and trying to limit the release of personally identifiable information in response to federal requests. The committee then reviewed the higher education student housing grant program. Finance and Legislative Analyst’s Office staff said the governor’s budget does not include major new changes but continues support for the program. CSU reported 12 approved projects that will add about 5,047 beds, with roughly 75% below market rate, and said it has about 68,000 beds systemwide, a 92% occupancy rate, and ongoing housing insecurity among students. UC said its housing projects have added more than 7,000 beds when reduced-rent and regular-rent units are combined, but nearly 10,000 students were on housing wait lists at the start of fall 2025. Both systems described rapid rehousing efforts, emergency beds, and partnerships with community colleges, and UC noted several joint housing projects, including at Riverside, Merced, and Santa Cruz. Members discussed whether future housing bonds and use of surplus school sites could help expand capacity. In the enrollment section, the LAO recommended maintaining UC’s 2026-27 resident undergraduate target, funding enrollment growth separately from base increases, pausing the nonresident reduction plan at the three highest-demand UC campuses, and holding UC enrollment flat in 2027-28. For CSU, the LAO recommended revising the 2026-27 enrollment expectation downward to reflect updated projections, while also funding enrollment growth separately and holding enrollment flat in 2027-28. CSU said it has rebounded from pandemic-era declines, is above its funded target by about 3,000 FTE, and is shifting about $89 million and 10,000 FTE from lower-demand campuses to higher-demand ones while developing turnaround plans for seven campuses with sustained enrollment declines, including Sonoma State. UC said it has already exceeded its compact enrollment goals and is planning continued growth, but that sustaining it depends on ongoing state support. Members raised concerns about campus-specific enrollment declines, nonresident caps at UC San Diego, and the need for stronger turnaround plans and teacher preparation pathways. The final section covered core operations and deferred payments: Finance said the governor proposes another one-year deferral of about $129.7 million for UC and $143.8 million for CSU, and the LAO recommended retiring the deferrals when one-time funds are available. CSU described rising compensation, financial aid, utilities, insurance, and deferred maintenance costs, and said it is pursuing cost-saving measures such as procurement alignment, campus integration, and shared administrative services.

Transcript Highlights:

• We try to do a small tax shift. in their homes.
• We try to do a small tax shift. in their homes.
• But we all want people to be in their homes.
• So we have seen home values rise substantially.
• You folks treat my home like it's your own personal ATM.

Summary: House Finance held public hearings on several tax and property-related bills. HB 2584 would create a sales and use tax exemption for qualifying farm machinery and equipment purchased by eligible farmers, with supporters arguing it would ease financial pressure on farmers, encourage investment in more efficient and environmentally friendly equipment, and help rural economies. County officials opposed extending the exemption to local sales taxes, warning of cumulative revenue losses for local governments. HB 2376 would consolidate the state school property tax levy and expand property tax relief for seniors, people with disabilities, and veterans by raising income thresholds, increasing exemption amounts, and simplifying the income calculation; county assessors and local officials supported the bill as a way to help residents age in place, while opponents argued it would raise taxes for others and weaken the 1% cap. HB 2610 would broaden the nonprofit homeownership development property tax exemption to allow limited interim rental or community use without losing the exemption, and testimony from affordable housing groups supported the change as a practical way to keep projects moving and reduce costs. HB 2615 would codify the Department of Revenue’s voluntary disclosure program and create a temporary tax amnesty period for certain unpaid business taxes; supporters said it would bring businesses into compliance and generate revenue, while one sponsor noted technical issues still needed to be resolved. In executive session, the committee advanced four bills. HB 2194, allowing a county and city within it to concurrently impose a cultural access program sales tax, passed 10-5. Substitute HB 2257, a broad tax code cleanup and technical changes bill, passed unanimously 15-0 after members said it clarified ambiguities from prior legislation. HB 2528, which would remove voter-approval requirements for certain cities to impose a local real estate excise tax, passed 11-4 despite objections that it reduced voter control over tax increases. HB 2175, exempting certain nonprofit providers of free durable medical equipment from sales tax on repair parts, also passed unanimously 15-0. The chair announced that HB 2584, HB 2610, and HB 2615 would be scheduled for executive action the following day, with no amendments allowed.

Transcript Highlights:

• It's needed to keep more of our own here at home in New Mexico. Thank you.
• It's a zero interest loan, essentially bridging the Loan electric cooperatives with political subdivisions
• Um, am I correct that the loans can go to political subdivisions and electric cooperatives? **Mr.
• So as that project has been written and obligated, they can apply into this loan and receive funding
• And you’re sure that will be a no-interest loan too? Mr. Chair, **Representative**, yes ma'am.

Committee: House House Appropriations & Finance

Transcript Highlights:

• like the nursing loan repayment. program.
• Yeah, I'd like to, obviously you're my home university. I'll use you as my muse.
• The base is also home to the EuroNATO Joint Jet Pilot Training Program.
• The Texas Homes University system has accomplished a great deal in the last two years.
• $28 million for mental health loans. repayment, $7 million for nurse faculty loan repayment, and $46.8

Committee: House Appropriations - S/C on Article III

Keywords: 1184, house, all

Transcript Highlights:

• familiar with the bill or the effects of the bill to Cal OSHA, but... ...in bathrooms and in their homes
• budget does obviously include a $634 million general fund payment on the outstanding UI trust fund loan
• The federal UI loan, this morning I checked, is $21.8 billion.
• But so long as the state has an outstanding federal loan, it by definition cannot be building reserves
• The state has an outstanding loan to help augment costs for the interest payment.

Keywords: 988, house, all

Transcript Highlights:

• annually with an average loan size of less than $100,000.
• annually with an average loan size of less than $100,000.
• </c><00:31:43.720><c> Capital</c> additional $8 million in loan Capital additional $8 million in loan
• Part of how we raise our loan capital is, of course, looking at what our loan volume is coming in.
• Loan volume is coming in, what loan capital debts we have to pay back, and what our demand is going forward

Committee: Senate Jobs and Economic Development

Keywords: 1187, senate, all

Transcript Highlights:

• It also requires that when we loan ourselves money to our account, we actually certify to the Secretary
• and now you've got to do a bank statement for a $5 loan versus, you know, when we get $1,000, that's
• And I just wanted to make sure we clarified any time that we loaned ourselves money, it actually goes
• It almost feels like my second home this week.
• How can we prove that they're actually staying in that home in their district instead of another home

Committee: House State Affairs

Summary: The committee first approved a motion to hold RS 3355 at the sponsor’s request. It then heard and advanced House Bill 598, which would require candidates to maintain separate campaign bank accounts and certify to the Secretary of State when they loan money to their own campaigns and deposit it. Representative McCann said the bill was intended to improve transparency; the Secretary of State’s office remained neutral. The committee voted to send HB 598 to the floor with a do-pass recommendation. Members next introduced RS 33374, a proposal by Representative Raibold to clarify legislative residency requirements by requiring physical presence in a district for at least 120 days before the filing period. The sponsor said the measure was meant to better define intent and address challenges over where a candidate actually resides. After questions about how residency would be proven and challenged, the committee voted to introduce the RS. The committee also introduced RS 33105, which would align telephone service discontinuance procedures with federal FCC processes, and RS 33106, which would broaden the definition of broadband to include satellite and wireless service. The committee then considered RS 33270 and RS 33295 from Representative Scott. RS 33270 would prohibit logos, slogans, and similar branding in the executive budget document, except for the state seal and governor’s official logo. RS 33295 would bar state funds from being used for memberships, dues, and fees for many organizations by executive, legislative, and judicial branch entities, with exemptions for items authorized by law, professional licensing, required certifications, state employment needs, and law-enforcement information sharing. Several members raised concerns about the breadth of the proposal, possible impacts on necessary professional and interstate organizations, and the lack of an enforcement mechanism. RS 33270 was introduced, but RS 33295 was returned to the sponsor for lack of a motion. The committee also introduced RS 33302, a resolution encouraging Idahoans to observe March 1, 2026, as a day of fasting and prayer for moisture, wisdom, and unity. Members discussed its religious and historical basis and expressed support. Finally, the committee advanced House Bill 501, which requires paid signature gatherers on certain petitions to wear badges identifying who is paying them, if anyone. The sponsor said the bill was intended to increase transparency, and the committee voted to send it to the floor with a do-pass recommendation.

Transcript Highlights:

• borrowers were behind on their loan repayments.
• They are not able to buy homes, cars, or save up for retirement.
• Deliveries to homes and businesses.
• He's lost his home.
• Expanding access to home ownership strengthens neighborhoods.

Keywords: 988, house, all

Transcript Highlights:

• Once a family is evicted, finding a new home has become nearly impossible.
• </c> families struggle to stay in their homes families struggle to stay in their homes we<00:14:53.920
• </c><00:41:30.760><c> with</c> related deaths by 87% in homes with related deaths by 87% in homes with
• They got a low bank interest loan because, trust me, I track the money.
• </c><01:04:03.160><c> and</c> finding community in these homes and finding community in these homes and

Committee: Senate Housing and Homelessness Prevention

Keywords: 1187, senate, all

Transcript Highlights:

• Section 17 amends the beginning farmer loans to state that no loan may be less than $50,000.
• Section 22 amends the loan restructuring program to state that loans may not be less than $50,000.
• Section 24 amends the agricultural improvement loan program to state that loans may not be less than
• Section 28 modifies the farm opportunity loan program to reduce the purposes of the loans.
• <00:37:45.480><c> loans.

Committee: Senate Agriculture, Veterans, Broadband, and Rural Development

Keywords: 1187, senate, all

Transcript Highlights:

• </c><00:20:23.720><c> in</c> insurers that uh insured homes in insurers that uh insured homes in Pacific
• </c><00:57:10.839><c> on</c> on the verge of losing their homes on on the verge of losing their homes
• </c> 500 500 million is just for the Homes 500 500 million is just for the Homes located<01:19:10.880
• interest on this loan?
• with them on that loan amount.

Keywords: 910, house, all

Transcript Highlights:

• resident room rate increase, nursing home room rate increase.
• The next fund we used was our water. loan assistance fund.
• We tried to balance, you know, using grants and loans, using using direct loans or grants versus leveraging
• It's a AAA-rated loan program. the appropriations full committee last week.
• Generally, a year of home-delivered meals costs $2,000 to $2,500, versus nursing home care costs, which

Committee: House Appropriations - S/C on Articles VI, VII, & VIII

Keywords: 1184, house, all