Video & Transcript Research : 'match storage'
Page 8 of 361
MN
Transcript Highlights:
- And so we'll do the best we can to match up by merging bills together, and we'll do that here in this
- best<00:02:01.119>
we <00:02:01.360>can <00:02:01.439>to <00:02:01.680>match - <00:02:01.920>
up so we'll do the best we can to match up so we'll do the best we can to match
Keywords:
agriculture finance, broadband development, Department of Agriculture, Board of Animal Health, Agricultural Utilization Research Institute, Office of Broadband Development, food safety, food handler license, cottage food, home processed food, livestock dealer, meat packing company, milk marketer, milk marketing license, grain buyer, grain storage, beginning farmer, emerging farmer, farm down payment assistance, livestock investment grant
MN
Minnesota 2025 1st Special Session
HF2444, the veterans and military affairs finance bill, heard in Ways and Means Committee 4/21/25
Ways and Means
Keywords:
agriculture finance, broadband development, Department of Agriculture, Board of Animal Health, Agricultural Utilization Research Institute, Office of Broadband Development, food safety, food handler license, cottage food, home processed food, livestock dealer, meat packing company, milk marketer, milk marketing license, grain buyer, grain storage, beginning farmer, emerging farmer, farm down payment assistance, livestock investment grant
MN
Minnesota 2025 1st Special Session
House Agriculture Finance and Policy Committee 4/2/25
Agriculture Finance and Policy
Transcript Highlights:
- written testimony, this license and inspection fee increase will cost many state grain buyers and storage
- buyers and storage facilities between 40 buyers and storage facilities between 40 and<01:19:11.800>
<01:24:59.560>facilities <01:25:00.119>could has no grain storage facilities could - has no grain storage facilities could you<01:25:00.400>
comment <01:25:00.679>on <01:25 - You have to have storage to handle the grain at that location.
Keywords:
agriculture finance, broadband development, Department of Agriculture, Board of Animal Health, Agricultural Utilization Research Institute, Office of Broadband Development, food safety, food handler license, cottage food, home processed food, livestock dealer, meat packing company, milk marketer, milk marketing license, grain buyer, grain storage, beginning farmer, emerging farmer, farm down payment assistance, livestock investment grant
TX
Transcript Highlights:
- already taken steps to have an abundance of resources available to the general public about safe storage
- Many gun deaths and injuries can be prevented by improving firearm handling, storage, and safety, and
- Stronger gun safety measures, such as secure storage practices that the Senator mentioned, and stricter
Bills:
SB2959, HB3096, HCR29, HCR56, HCR12, HCR55, HCR74, HCR78, HCR116, HCR117, HCR6, HCR50, HCR107, HCR80, HCR58, HCR70, HCR71, HCR72, HCR75, HCR93, HCR12, HCR6
Keywords:
firearm safety, awareness month, public safety, responsible ownership, storage, recreational use, profound autism, awareness day, caregiver, disabilities, support, counseling, mental health, awareness, support services, community health, necrotizing enterocolitis, premature infants, breastfeeding, health awareness
TX
Transcript Highlights:
- We have a 10% match from the local community as required by the bill in its state right now, and we ask
- Operators like ourselves have had to put in $20 million of matching funds out of our own resources. revenue
- State matching funds would allow our Texas railroads to compete for more federal dollars, which are long
Keywords:
memorial highway, Captain Kevin Williams, Firefighter Austin Cheek, Smith County, transportation, pedestrian right-of-way, sidewalk users, bicycle safety, micromobility, electric scooter, motor-assisted scooter, electric personal assistive mobility device, skateboard, roller skates, driveway crossing, alley crossing, traffic safety, yield law, Texas Transportation Code, vehicle-pedestrian collision
Summary:
The meeting of the committee focused on several bills aimed at enhancing the operational efficiency of Texas transportation and port authorities. Key discussions included the implications of SB2080, which seeks to streamline operations for navigation districts by raising procurement authority, exempting security discussions from recording requirements, and aligning Texas ports with national standards to foster economic growth. Senator Alvarado advocated fervently for the bill, emphasizing its positive impact on competitiveness with ports in states like Virginia and New Jersey. Public testimony reflected mixed responses, with strong support from industry representatives but opposition from some municipal authorities concerned about the potential overreach of port authorities into local development.
TX
Transcript Highlights:
- We have a 10% match from the local community as required.
- Short-line operators like ourselves have had to put in $20 million of matching funds out of our... ..
- State matching funds would allow our Texas railroads to compete for more federal dollars, which are long
Keywords:
memorial highway, Captain Kevin Williams, Firefighter Austin Cheek, Smith County, transportation, pedestrian right-of-way, sidewalk users, bicycle safety, micromobility, electric scooter, motor-assisted scooter, electric personal assistive mobility device, skateboard, roller skates, driveway crossing, alley crossing, traffic safety, yield law, Texas Transportation Code, vehicle-pedestrian collision
AL
Keywords:
parole, pardons, paroles board, board of pardons and paroles, Alabama criminal justice, sentencing reform, prison reform, reentry, recidivism, risk assessment, validated risk and needs assessment, supervision, probation, parole denial, parole reconsideration, medical parole, violent offense, nonviolent offense, law enforcement member, board appointments
TX
Texas 89th Regular
Licensing & Administrative Procedures Apr 15th, 2025 at 10:04 am
Licensing & Administrative Procedures
Transcript Highlights:
- Thompson's bill relating to providing notice of a vehicle towed to a vehicle storage facility by publication
- Notice of a vehicle towed to a vehicle storage facility by publication on a third-party internet website
- The bill reflects that shift by updating state law to match the spirit, pun intended, of that decision
Bills:
HB 1301, HB2278, HB2776, HB2820, HB3848, HB3920, HB4172, HB4215, HB4284, HB4285, HB4463, HB4517, HB4690, HB4765, HB4766, HB4767, HB4768, HB4769, HB4773, HB4830, HB5506
Keywords:
alcohol, beverages, winery permit, restaurant, malt beverages, Texas Alcoholic Beverage Code, alcohol production, home brewing, family use, craft beverages, massage therapy, licensing, criminal offenses, sexually oriented businesses, public safety, bingo, charitable gaming, operating capital, regulation, funding
Summary:
The Committee on Licensing and Administrative Procedures met with a quorum present, corrected the minutes from April 8, and then took up a long list of pending bills, most of which were reported favorably or left pending after hearing testimony. Early action included HB 1764 (accounting practice for certain out-of-state CPAs), HB 1788 (continuing education for barbers and cosmetologists on recognizing and assisting victims of sexual assault, domestic violence, and human trafficking), HB 2204 (land surveyor regulation), HB 2885 (local option elections on alcohol sales), HB 2996 (gambling offense definitions and prosecution), HB 3250 (real estate appraisals and appraisal management companies), HB 3352 (driver education on work zones), HB 3385 (farm winery permit), HB 3756 (powers of certain nonresident sellers’ permit holders who also hold a winery permit), HB 3816 (cruelty to livestock animals), HB 3913 (real estate licensing), and HB 3928 (electronic notice of towed vehicles), all of which were advanced with unanimous or near-unanimous votes. Several of these bills were reported with committee substitutes, and some were also sent to the Committee on Local and Consent Calendars.
The committee then heard testimony on HB 2278, which would legalize limited home distilling of spirits for personal or family use and add honey as an approved ingredient; supporters framed it as a consistency and freedom issue, and the bill was left pending. HB 3920, a TDLR workforce/CTE bill, and HB 1301, which would allow beer or malt beverages to be sold at certain wineries with on-site restaurants, were also laid out and left pending after discussion. HB 2776, aimed at tightening massage therapy licensing restrictions for people convicted of sexual and trafficking-related offenses and strengthening TDLR enforcement, and HB 3848, which would allow electronic filing of elevator and escalator inspection reports, were both heard and left pending as well.
A major portion of the meeting focused on alcohol-related bills. HB 4215 would place delivery network companies under a statewide TDLR regulatory framework; Favor Delivery supported it, and it was left pending after the committee substitute was withdrawn. HB 4172 and HB 2820 would raise bingo reserve limits and update charitable bingo rules; supporters from veterans and nonprofit groups argued the changes would help charities, but both bills were left pending after the substitutes were withdrawn. HB 4463, a broadly supported bill allowing contract brewing and alternating brewery proprietorships, was also left pending. HB 4284 would remove the “excessive discount” prohibition in alcohol sales, HB 4285 would allow airlines to store alcohol within five miles of an airport in the same county, HB 4517 would create a complaint process for Texas distillers not paid by wholesalers, and HB 4773 would let breweries and brewpubs transport their own beer between facilities; HB 4773 drew the most debate, with supporters citing efficiency and opponents warning about unintended consequences and possible effects on the three-tier system, but it too was left pending. The committee also heard and left pending a series of TDLR cleanup bills and other measures, including HB 4765 through HB 4769, HB 4830 on service contracts for lease vehicles, HB 5506 giving civil immunity to ringside physicians at combative sports events, and HB 4690 on gasoline vapor pressure compliance. The meeting ended after all business was completed and the committee adjourned.
TX
Texas 89th Regular
Licensing & Administrative Procedures Apr 15th, 2025
Licensing & Administrative Procedures
Transcript Highlights:
- Thompson's bill relating to providing notice of a vehicle towed to... ...a vehicle storage facility by
- The bill reflects that shift by updating state law to match the spirit—pun intended—of that decision.
Bills:
HB 1301, HB2278, HB2776, HB2820, HB3848, HB3920, HB4172, HB4215, HB4284, HB4285, HB4463, HB4517, HB4690, HB4765, HB4766, HB4767, HB4768, HB4769, HB4773, HB4830, HB5506
Keywords:
alcohol, beverages, winery permit, restaurant, malt beverages, Texas Alcoholic Beverage Code, alcohol production, home brewing, family use, craft beverages, massage therapy, licensing, criminal offenses, sexually oriented businesses, public safety, bingo, charitable gaming, operating capital, regulation, funding
TX
Texas 89th Regular
Senate Committee on Business and Commerce (Part II) Mar 27th, 2025
Business & Commerce
Transcript Highlights:
- Battery energy storage.
- projects as well as storage...
- In conclusion, the Lone Star Energy Storage Alliance.
- I'm representing the Lone Star Energy Storage Alliance.
- Apply this to all new generation and storage.
Bills:
SB458, SB819, SB1238, SB1642, SB1643, SB1644, SB1791, SB1810, SB1824, SB1825, SB758, SB1455, SB1706
Keywords:
insurance appraisal, property insurance, auto insurance, homeowners insurance, residential property, disputed loss, loss valuation, appraisal clause, appraiser, umpire, Texas Department of Insurance, TDI, insurance dispute resolution, claims adjustment, total loss, windstorm insurance, FAIR Plan, surplus lines insurance, policyholder, insurer
MN
Transcript Highlights:
- The city is prepared to match the bonding amount.
- finance director and our bond counsel have determined the financing solutions needed to meet our matching
- The city is prepared to match the bonding amount.
- finance director and our bond counsel have determined the financing solutions needed to meet our matching
- Solutions needed to meet our matching Solutions needed to meet our matching obligation<00:03:18.720><
Bills:
HF201, HF217, HF314, HF315, HF406, HF408, HF425, HF426, HF730, HF731, HF652, HF761, HF1079, HF928, HF1017, HF1056, HF1081
Keywords:
HF201, Minnesota income tax, tax subtraction, tax deduction, volunteer firefighter, volunteer fire and rescue, emergency responder, ambulance service personnel, EMR, EMS, search and rescue, canine search and rescue, underwater search and rescue, paid-on-call, part-time volunteer, tax relief, state tax law, section 290.0132, drivers license, identification card
AL
Alabama 2026 1st Special Session
Alabama House Children and Senior Advocacy Committee Feb 4th, 2026
Children and Senior Advocacy
Transcript Highlights:
- you should have gotten an amendment from the Motion Picture Association to make sure that we didn't match
Keywords:
Ebony Alert, missing youth, public safety, law enforcement, racial equity, HB170, supplemental appropriations, Education Trust Fund, Alabama education budget, school funding, K-12 education, local boards of education, textbook adoption, school buses, school safety, charter schools, summer programs, afterschool programs, reading intervention, college and career readiness
NM
New Mexico 2026 Regular Session
House - Chamber Meeting Feb 6th, 2026 at 11:19 am
New Mexico House Floor Meeting
Transcript Highlights:
- Speaker, gentlelady, the match, the match. Mr.
- They have a 50% required match for design and a 20% required match for construction.
- There is a 50% design match and a 50% construction match.
- Thank you, There is a 50% design match and a 50% construction match. Thank you, Mr.
- For athletics, their design matches 50%. Their construction matches 50%.
Bills:
HB111, HJR1, HB61, HB8, HB30, HB43, HB156, HJM2, HM7, HM17, HM4, HM22, HM23, HM24, HM26, HM2, HM16, HM11, HM14, HM21, HM34, HM50, HB70, SB3, HJM3
Keywords:
water law, state engineer, civil penalty, compliance order, water rights, overdiversion, illegal diversion, groundwater storage and recovery, well license, permit violation, water enforcement, New Mexico water code, irrigation district, conservancy district, water diversion, unauthorized water sales, measuring device, district court appeal, water resources, water compliance
TX
Texas 89th 2nd C.S.
Trade, Workforce & Economic Development Mar 19th, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- county in which the storage facility is located.
- And we have a great relationship with our storage clients we have for decades.
- is the largest storage company in the world.
- Chapter 59 of the Texas Property Code is specific to self storage facilities and self storage only.
- So there's 3 ways to access the information for the storage unit.
Bills:
HB 186
Keywords:
public funds, lobbying activities, political subdivisions, government expenditure, transparency, local government, political subdivision, county, city, municipality, special district, taxpayer-funded lobbying, lobbying restriction, registered lobbyist, government association, county association dues, Texas Legislature, injunctive relief, attorney's fees, Chapter 556
NM
New Mexico 2025 Regular Session
IC - New Mexico Finance Authority Oversight Nov 3rd, 2025
New Mexico Finance Authority Oversight Committee
Transcript Highlights:
- There could be a 0% match, an actual in-kind match, or it could be up to 20%.
- You have revenue in place to take care of that match.
- We discussed various storage technologies available, including long-duration energy storage.
- How do we get long-duration power storage?
- One of my questions was going to be around long-duration storage. storage.
TX
Texas 89th Regular
Trade, Workforce & Economic Development Mar 19th, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- county in which the storage facility is located.
- So we can specifically choose zip codes around that storage notice, or I'm sorry, that storage facility
- A tenant's name who's defaulted with the word storage auction.
- The public storage company, which is the largest storage company in the world.
- Chapter 59 of the Texas Property Code is specific to self-storage facilities and self-storage only.
Keywords:
social media, children, account verification, data privacy, parental control, property owners' association, residential watering restrictions, vegetation, fine limitations, drought, technology, innovation, economic development, grants, Texas Economic Development, business funding, HB 1395, private passenger vehicle rental, car rental, vehicle rental
KY
Kentucky 2025 Regular Session
Capital Projects and Bond Oversight Committee (8-26-25)
Transcript Highlights:
- services, and storage. services, and storage.
- storage space in that is free to us. storage space in that is free to us.
- I as Representative Thomas storage.
- <00:20:24.960>
around lease most of our salt storage around lease most of our salt storage - The required local match for this project is 15%, and matching funds are provided by a local grant.
Keywords:
0:00:08 Call to Order and Roll Call
0:00:38 Approval of Minutes
0:01:02 Information Items
0:02:17 Lease Rpt from Postsecondary Institutions
0:06:42 Project Rpt from Finance and Administration Cabinet
0:15:03 Lease Rpt from Finance and Administration Cabinet
0:24:00 Rpt from OFM – KY Infrastructure Authority
0:42:55 Economic Development Fund Grants
0:53:38 Rpt from OFM – New Debt Issues
1:16:33 Remaining 2025 Meeting Dates
1:16:45 Adjournment, 958, all
Summary:
The committee first handled routine business, including roll call, approval of the July minutes, and several informational reports. Those reports included a University of Kentucky restricted-fund medical equipment purchase for Chandler Hospital, debt issues for five school districts, Eastern Kentucky University’s planned model laboratory school using construction management risk delivery, a Division of Real Properties lease advertisement, Kentucky Communications Network Authority quarterly project reports, and EKU asset preservation revisions.
Members then heard and approved a new UK St. Clair Urgent Care Clinic lease in Morehead and an amendment expanding space for the UK Family and Community Medicine Clinic at Turflin Clinic. Testimony explained that both properties are privately owned, the Morehead lease predated the UK/St. Clair arrangement, and the Turflin Clinic is tight on space. The committee also approved three new projects and an appropriation increase: two Department of Military Affairs projects, a Window Ford Training Center underground electric project and a Williamsburg Readiness Center interior repair project, a Fish and Wildlife property acquisition adjoining Veterans Memorial Wildlife Management Area, and an $8.113 million increase for the Department of Revenue integrated tax system (DORIS). The DORIS increase was described as needed for change orders tied to legislation and to complete the unified tax system.
The committee next reviewed no-action items, including a $3 million emergency flood-damage repair project for the Bush Building and Vest-Lindsay House in Frankfort, and three pool projects over $1 million: a Kentucky Correctional Institute for Women window replacement phase 2 project, a Department of Criminal Justice Training interior refurbishment at Thompson Hall, and the Muddy Gut Branch stream mitigation project in Johnson County. The flood project was confirmed to be fully reimbursed by insurance proceeds.
Finally, the Kentucky Infrastructure Authority presented six loans and nine grants. Action items included water and sewer financing for Cumberland County, Lebanon, Northern Kentucky Water District, Lewisport, and Providence, plus a major Taylor Mill treatment plant project and several cleaner water grants and reallocations. Members asked about loan rates, local rate increases needed to repay debt, and the Providence emergency water interconnect; staff explained that Lewisport had begun a rate increase process, and that the Providence project would connect Webster County Water District and the city of Providence to stabilize pressure after a systemwide failure. All action items were approved.
ND
North Dakota 2026 1st Special Session
Budget Section Regulatory Division Jun 24th, 2026 at 01:00 pm
Transcript Highlights:
- Chair. ...part of storage, correct? Yes, Mr. Chairman.
- So, you know, what is it that these storage facilities have to look like?
- So with this $10 million, $5 million was allocated on a non-matching basis.
- And the original bill... ...was written without a match, and then the match got put in by the other chamber
- Now, that doesn't mean you don't need storage, by the way.
Summary:
The committee received a compliance and status update on Industrial Commission programs and the Bank of North Dakota. Staff reviewed appropriations and spending for several Industrial Commission funds and grant programs, including lignite research, oil and gas research, clean sustainable energy, grid resiliency, salt cavern analysis, and the new NDSU research and technology park grant. Members discussed the timing of reimbursements, uncommitted balances, and the structure of the pipeline capacity and enhanced oil recovery funding. The Industrial Commission also reported on its administrative budget, grant management system project, and recent leadership transitions across several agencies.
Karen Tyler of the Industrial Commission described active grant rounds and the status of major projects. She said the Clean Sustainable Energy Authority approved three projects in its sixth round, with remaining uncommitted cash and loan capacity still available, though no new funding was appropriated this session. She also said the Oil and Gas Research Council approved six enhanced oil recovery projects and expects additional funding after a federal Department of Energy award replaces one project’s state funding. For grid resiliency grants, she said some projects have been funded, some commitments were returned or reallocated, and some DOE funds remain pending. She also updated the committee on the salt cavern business case study, which replaced an earlier larger development proposal, and on the NDSU research park grant, where the nonmatching portion was paid and the matching portion has moved slowly because the match must be in cash.
Ron Ness then gave an extended presentation on enhanced oil recovery and North Dakota oil and gas trends. He said production remains steady, but future growth depends on infrastructure, especially gas takeaway and projects like the Bakken East pipeline. He argued that enhanced oil recovery using CO2, natural gas, surfactants, and other methods could extend Bakken production for decades, but that the state needs more CO2 supply, better storage, and updated tax and regulatory incentives. Members asked about lateral lengths, CO2 availability, pipeline impacts, and the role of the Strategic Petroleum Reserve, and Ness emphasized that the projects are intended to share technical learning across operators and attract follow-on investment.
The Bank of North Dakota then presented its compliance report and strategic update. President Don Morgan said the bank’s mission remains to support North Dakota agriculture, commerce, and industry while cooperating with the state’s financial sector. He reviewed the bank’s main business lines: participation lending with community institutions, student loans, disaster lending, mission-based programs, and a new fintech-focused effort. Morgan said deposits are flattening, so the bank is managing balance sheet growth carefully, while still reporting improved net income and strong efficiency. He also introduced Rough Rider Coin as a bank-to-bank payment rail, not a public cryptocurrency, intended to speed and modernize payments within North Dakota’s banking and credit union system. Committee members asked about student loan eligibility, disaster program use, and how credit lines and liquidity would be affected if deposits shrink.
ND
North Dakota 2026 1st Special Session
Budget Section Regulatory Division Jun 24th, 2026
Transcript Highlights:
- So, you know, what is it that these storage facilities have to look like?
- So with this $10 million, $5 million was allocated on a non-matching basis.
- So that's been part of the reason why there hasn't been that much matched race.
- And the original bill was written without a match, and then the match got put in by the other chamber
- Now, that doesn't mean you don't need storage, by the way.
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:
- Part of storage, correct? Yes, Mr. Chairman.
- So, you know, what is it that these storage facilities have to look like?
- So with this $10 million, $5 million was allocated on a non-matching basis.
- And the original bill was written without a match, and then the match got put in by the other chamber
- Now, that doesn't mean you don't need storage, by the way.
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.