Video & Transcript : 'Garden Capital' :

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AL

Alabama 2026 Regular Session

Alabama Senate Judiciary Committee Mar 18th, 2026

Judiciary

Transcript Highlights:
  • </c> to charge him with capital murder. to charge him with capital murder.
  • And like capital murder or if it's not.
  • So charged with that capital offense.
  • </c> it's already capital murder. it's already capital murder.
  • </c><01:06:52.319><c> murder,</c> they charge them with capital murder, they charge them with capital
Committee: Senate Judiciary
MN

Minnesota 2025-2026 Regular Session

Conference Committee on SF4282 5/14/26

Transcript Highlights:
  • School districts reserve part of their general education revenue called operating capital.
  • </c> school districts operating capital school districts operating capital revenue. revenue. revenue.
  • There's a list of operating capital.
  • Uh the very same capital account.
  • </c> fund uh reserve for operating capital fund uh reserve for operating capital account.<00:08:27.040
Summary: The conference committee on Senate File 4282 met with a quorum present and heard a walkthrough of the bill, which contains forecast adjustments for several agencies. Senate staff explained that Article 1 makes education forecast adjustments for fiscal years 2026 and 2027, Article 2 adjusts appropriations for the Department of Human Services, Article 3 does the same for the Department of Children, Youth, and Families, and Article 4 increases special transportation services funding for Metropolitan Council programs including Metro Mobility and Metro Move by $8.9 million in FY 2026 and $10.9 million in FY 2027 to match the February forecast. House staff noted that the House language matched Article 1 but did not include Articles 2 through 4. Representative Youakim presented amendment A26-0180, describing six sections that add provisions on paraprofessional qualifications, aid for tribal contract schools tied to revised permanent school fund distributions, expanded allowable uses of school operating capital revenue to include certain utility costs, an extension of an existing appropriation for gender-neutral single-use restrooms, and two school district fund transfer provisions for West St. Paul/Mendota Heights/Eagan and Maple Lake. Members discussed that several items were no-cost and that some fund transfer language had been previously discussed in committee. The amendment was adopted on an 8-0 roll call vote. After adopting the amendment, the committee voted on the bill as amended. The conference committee agreement for Senate File 4282 passed on an 8-0 vote, and the meeting was adjourned.
WA

Washington 2025-2026 Regular Session

House Floor Session Mar 12th, 2026 at 05:30 pm

Washington House Floor Meeting

Transcript Highlights:
  • Speaker, I've seen capital flight firsthand.
  • I just want to share with you my gratitude for being a part of the capital budget.
  • You won't see the capital budget... ...and out in the lobby right now.
  • You won't see the capital budget featured in that. You're going to see the spice.
  • I'm very proud of this capital budget, Mr. Speaker.
MS

Mississippi 2026 Regular Session

MS House Floor - 25 March, 2026; 10:00 AM

Mississippi House Floor Meeting

Transcript Highlights:
  • It's<00:31:36.480><c> your</c><00:31:36.720><c> capital.
  • It's great to have y'all here at your capital.
  • Please make them welcome feel welcome to their capital.
  • </c> make them feel welcome at their capital. make them feel welcome at their capital.
  • . capital. capital.
KY
Transcript Highlights:
  • Uh, first on the agenda for presentation is Secretary Gray, Capital Projects Highway Plan.
  • Happy to talk today about capital project budget in the governor's budget.
  • ><c> uh</c><00:07:34.800><c> in</c><00:07:34.960><c> the</c> capital project budget uh in the capital
  • </c> related to capital equipment purchases. related to capital equipment purchases.
  • We often talk about our capital budget.
Summary: The House Budget Review Subcommittee on Transportation met to hear the Kentucky Transportation Cabinet’s presentation on the governor’s 2026 capital projects budget and recommended highway plan. Secretary Gray and cabinet staff first thanked KYTC snow and ice crews, local road departments, first responders, utility workers, and others for their work during a major winter storm, then outlined the capital budget request. The cabinet said its facilities are aging, with about 35% at or beyond useful life, and that limited road fund revenues led it to focus mainly on maintenance, maintenance pools, aircraft maintenance, environmental compliance, AASHTOWare upgrades, state park road maintenance, truck parking, and reauthorization of several projects, including airport work and road projects. The cabinet said the governor’s budget includes about $22.8 million in state funds for the capital budget over the biennium, plus carry-forward language for maintenance pools and project reauthorizations to avoid losing federal funds. Members asked about repeated reauthorizations, cost increases, and whether projects should be restarted as new requests after carrying over for multiple budgets. The cabinet responded that budget office policy generally allows only one reauthorization before a project must be resubmitted, and said many delays are due to acquisition or other project issues. Members also questioned the basis for increased-cost line items and the $5 million request for commercial truck parking; cabinet staff said they could provide original project cost details and that many increases are inflationary, while the truck parking project is expected to use federal funds and is a cabinet priority. The committee also discussed the decline in road fund receipts, which the cabinet attributed largely to lower motor fuels tax revenue. The presentation then shifted to the 2026 recommended highway plan. Officials said the plan covers more than 1,300 projects over six years and anticipates about $9.5 billion in federal and state funding. They said the plan is intended to maintain existing assets, advance long-term priority projects, and honor prior commitments, including the Mountain Parkway, the Brent Spence Companion Bridge, and the I-69 Ohio River Crossing. About 40% of plan funds are dedicated to existing pavements, bridges, and guardrails, and officials cited a 61% rise in highway construction costs from 2020 to 2025 as a major challenge. To help offset those pressures, the cabinet is seeking $125 million from the budget reserve trust fund for the Brent Spence Bridge and release of a federal grant condition tied to the already appropriated $150 million for the I-69 crossing. No votes were taken at the meeting.
WA

Washington 2025-2026 Regular Session

House Transportation Feb 23rd, 2026

Transcript Highlights:
  • Most notably, in rail, $12 million for three projects that are capital projects that would help with
  • Moving on to capital projects, a large part of the budget is the capital build, continuation of Move
  • There wasn't a lot going on that's notable in the capital build from year to year from last year.
  • Moving on to capital projects, a large part of the budget is the capital build, continuation of move
  • budget there are a number of items that House budgets is in the capital budget.
Summary: The House Transportation Committee held public hearings on a proposed substitute for House Bill 2306, the 2026 transportation supplemental budget, and on proposed substitute House Bill 2711, a transportation resources bill. Staff described HB 2306 as revising the enacted 2025-27 transportation budget, increasing spending by about $1.1 billion to $16.5 billion, largely through reappropriations and new funding for preservation, maintenance, rail, transit, active transportation, ferries, licensing, and State Patrol needs. The chair and ranking member emphasized caution because of downward revenue forecasts, uncertainty around major project bids and future fish passage costs, and the decision to use existing bond authority without new bonding. Public testimony on HB 2306 generally supported preservation, maintenance, rail improvements, dredging, transit access, and local safety projects, while some witnesses urged more support for EV incentives and long-term transportation funding stability. For HB 2711, staff explained that the bill responds to administrative issues in last year’s transportation resources law, including fuel tax inflation adjustments, luxury vehicle/aircraft/vessel taxes, the indigent tow reimbursement program, tire fee language, and other tax administration provisions. The proposed substitute would repeal the luxury aircraft tax, adjust peer-to-peer rental car tax administration, restore authority for the Transportation Commission to exempt transit buses from tolls, waive certain penalties and interest tied to early compliance with the luxury vehicle tax, allow lease payments to be taxed incrementally, add exemptions for tribal members and nonresidents, change transfer timing between accounts, and create a Preserve Washington Account for highway preservation and maintenance. Fiscal notes projected additional revenue from aligning use tax with sales tax and modest administrative costs, while delaying the tow reimbursement program reduced near-term expenditures. Testimony on HB 2711 was mixed. RV dealers asked for a delay to the luxury vehicle tax, arguing the industry is already in decline and the tax could push sales out of state. WFSE supported the new Preserve Washington Account and urged higher bid limits for highway maintenance work. Committee members asked for clarification on the peer-to-peer rental car tax and the transit bus toll exemption. The chair announced that executive session on the bills, along with one other measure, would occur Wednesday, and members were told to submit amendment requests by the next day.
CA
Transcript Highlights:
  • Executive Officer of Access Plus Capital. Thank you and welcome. Two minutes. Good afternoon, Mr.
  • I'm the CEO of Access Plus Capital.
  • Access Plus Capital has developed over 2,000 loans totaling $65 million.
  • intimately the issues of accessing capital for small businesses and communities like mine.
  • intimately the issues of accessing capital for small businesses and communities like mine.
Summary: The Assembly Banking and Finance Committee met to hear several bills, beginning with a consent calendar that included AB 665 and AB 866, both adopted on a do pass basis and referred to Appropriations. The committee then took up AB 801, which would create a California Community Reinvestment Act to require covered financial institutions, including state-chartered banks, credit unions, residential mortgage lenders, and money transmitters, to meet the financial needs of low- and moderate-income communities and communities of color. The author and supporters argued the bill would close gaps left by the federal CRA, address redlining and discriminatory lending, and expand investment in housing, small business, and community development. Support came from community groups, CDFIs, labor, and housing advocates, while opposition from mortgage bankers and credit unions argued the bill would impose costly new reporting and regulatory burdens, especially on institutions they said already serve underserved borrowers well. Committee members discussed the scope of the bill, the experience of other states with state CRA laws, and possible carve-outs or tiered treatment for smaller credit unions. AB 801 was passed as amended and referred to Appropriations, with the roll left open and later completed; one member voted no and others were not voting or voted aye as the roll was finalized. The committee also heard AB 743, which would require licensing and surety bonds for commercial lawsuit financing and bring those transactions under DFPI oversight. The author said the bill was aimed at a largely unregulated, multi-billion-dollar industry and was intended to increase transparency and address concerns about foreign interests, fraud, and abusive litigation funding practices, while not affecting consumer legal funding. Supporters, including Unified Patents, the Civil Justice Association of California, the California Chamber of Commerce, the California Trucking Association, and the American Property Casualty Insurance Association, said the bill was an important first step toward disclosure and regulation. There was no opposition testimony. AB 743 passed unanimously as amended and was referred to Appropriations, with the roll held open briefly for absent members before the committee adjourned.
MN

Minnesota 2025-2026 Regular Session

Task Force on Homeowners and Commercial Property Insurance 12/3/25

Minnesota House Floor Meeting

Transcript Highlights:
  • So you can get capital through equity, and you can get capital through debt, and then you can get capital
  • And that is when capital is tight.
  • </c><00:21:27.039><c> And</c> get capital through reinsurance. And get capital through reinsurance.
  • And that is when capital is event.
  • </c> meant for long-term capital planning. meant for long-term capital planning.
WA

Washington 2025-2026 Regular Session

House Finance Feb 19th, 2026

Transcript Highlights:
  • First, the funds go to districts that have debt service from excess levies used for capital purposes.
  • Second, school districts that have excess levies for purposes not for debt service or capital projects
  • Well, we actually had a capital project levy last year that expired.
  • Well, we actually had a capital project levy last year that expired, expired last year.
  • Do we now that we've guaranteed the bond payments and the capital project payments for the other schools
Summary: House Finance held public hearings on two Senate bills. On Senate Bill 5252, staff explained that the bill would remove the one-acre limit on a property tax exemption for nonprofit public assembly halls, beginning with property taxes due in 2027. Staff said the fiscal impact would be minimal, with no loss to the state levy and only a small local property tax shift, though the Department of Revenue anticipates a one-time administrative cost. Senator Shoemaker and a grange representative testified in support, saying the change would help rural granges that serve as community gathering places and are facing rising costs and property tax burdens. The committee then heard Senate Bill 5994, which would change how timber tax revenues are distributed to school districts. Staff said the bill would extend distributions to districts that had qualifying levies in either of the prior two years, even if they do not have such a levy in the current year, and that it would take effect immediately with no state revenue impact but an indeterminate effect on school district funding. A county assessor testified that he supported the policy but was concerned the immediate effective date would disrupt current levy distribution calculations and suggested a January 1, 2027 effective date instead. No votes were taken, and both hearings were closed before the committee adjourned.
CA
Transcript Highlights:
  • Ridership, on-time performance, fiscal solvency, delivering capital projects on time, delivering capital
  • Also, how do we better deliver capital projects?
  • capital.
  • capital.
  • capital.
Summary: The Senate Subcommittee on LOSSAN Rail Corridor Resiliency held an informational hearing focused on the corridor’s financial stability, service reliability, governance, capital planning, and long-term resiliency. Chair Lackey opened by criticizing the unfinished SB 1098 report and the underwhelming Transit Transformation Task Force work, arguing that the corridor remains at a crossroads with weak ridership recovery, poor on-time performance, and major capital projects that are not moving quickly enough. Senator Archuleta emphasized safety, maintenance, and the need to avoid state subsidy if ridership and revenues can support service. CalSTA and Caltrans described major state investments and ongoing planning efforts, including $125 million for San Clemente resiliency work, additional leveraged federal and state funds, more than $25 billion in funded projects in the pipeline, and the development of a corridor project database and service-planning tool under SB 1098. Caltrans also reported restoring Surfliner service to 13 weekday round trips between Los Angeles and San Diego, piloting expanded service to Santa Barbara and San Luis Obispo, and reorganizing internally to elevate transit and rail oversight. On zero-emission strategy, officials said hydrogen fuel-cell trains are being procured for longer-distance service while electrification remains the long-term ideal and battery-electric options are being explored for shorter routes. The committee then heard from Metrolink CEO Darren Kettle and Caltrain representative Jason Baker. Metrolink described its shift to “regional passenger rail,” with schedule changes aimed at all-day service, better transfers, and growth in student and weekend ridership, but warned of a fiscal cliff because member agencies now cover most operating costs while fare revenue remains low. Kettle said the agency has not reached consensus among its five county partners on a dedicated revenue solution and warned that service cuts may be unavoidable without new funding. Caltrain reported strong post-electrification ridership gains, improved customer satisfaction, and expanded service, but also warned of a large annual operating deficit that could force reductions in frequency, weekend service, stations, and evening operations if stable funding is not found. Members also discussed public safety, marketing, station placemaking, parking and concession revenue, and hydrogen fuel-cell technology. Senators urged stronger promotion of rail service, safer and cleaner stations, and more ambitious planning to match the state’s investments. No votes or formal actions were taken; the hearing was informational, with officials asked to continue reporting back on SB 1098, San Clemente planning, service performance, and funding solutions.
NM

New Mexico 2025 Regular Session

IC - New Mexico Finance Authority Oversight Sep 9th, 2025

New Mexico Finance Authority Oversight Committee

Transcript Highlights:
  • And this is a capital-intensive business. Very, very capital intensive.
  • So a significant capital investment.
  • And a couple questions within this is what can we do through your capital outlay projects, or what capital
  • And you're talking about capital improvements? Yes, yes.
  • It requires, again, a fair bit of capital outlay.
FL

Florida 2025 Regular Session

January 15, 2025 - 03:30 PM

Transcript Highlights:
  • to work and to the capital by bicycle.
  • Opportunity Fund's venture capital program.
  • Access to capital is always, without a doubt, the main issue.
  • This is a record historic five-year capital plan.
  • And so we view our capital plan as an investment portfolio.
Summary: The Transportation and Economic Development Budget Subcommittee met to organize for the session, take roll, and hear introductory remarks from members and agency heads. Members briefly introduced themselves and their districts, with several noting transportation, economic development, emergency response, military, and hurricane recovery issues in their areas. Chair Shove then outlined the subcommittee’s jurisdiction and current-year budget, noting a total of about $20.3 billion, with most funding coming from trust funds and only a small share from general revenue. The committee also heard that upcoming meetings would include presentations from major agencies in the subcommittee’s purview. The first agency presentation was from the Department of Military Affairs and the Florida National Guard. Major General John Haas described the Guard’s three missions—supporting national security, responding to state emergencies, and adding value to the state—and highlighted deployments for hurricanes, border security support, and ongoing support to the Department of Corrections. He emphasized that the Guard is understrength relative to Florida’s size and demand, said recruiting is strong, and identified force structure growth as the main challenge. Members asked about aircraft, funding sources, and recruiting; Haas explained the Guard’s helicopter and fixed-wing fleet, said aircraft purchases are funded through legislative appropriations, and reported strong interest in the Florida State Guard’s recruiting pipeline. Executive Director Mark Thieme then described the Florida State Guard’s expansion into air, ground, and maritime capabilities, including Black Hawks, boats, drones, canine search-and-rescue teams, and ground support units. He said the agency supported immigration enforcement and hurricane response, and asked for continued legislative support to expand aviation, maritime, and medical capabilities. Members praised the Guard’s disaster response work and asked about aircraft, funding, and staffing. Secretary Cord Byrd of the Department of State followed, focusing on election administration, election security, the SunBiz and voter registration IT systems, arts and culture, corporations, libraries, and historical resources. He said Florida’s election system remains a national model, reported two prosecutions for non-citizen voting, and discussed modernization needs for legacy IT systems. The committee also asked about voter lookup tools, password privacy for SunBiz, and arts funding vetoes. Secretary Alex Kelly of the Department of Commerce described the agency’s broad portfolio, including workforce, economic, community, and international commerce functions, plus housing recovery, broadband, small business support, rural infrastructure, defense-community grants, and law enforcement recruitment bonuses. He said access to capital is the biggest barrier for small businesses and noted ongoing work with CareerSource, the Department of Corrections, and other partners on workforce and reentry. Secretary Jared Perdue of the Department of Transportation then outlined FDOT’s record budget and five-year work program, emphasizing emergency response, preservation and maintenance, safety, and major investments in roads, ports, airports, transit, and spaceport infrastructure. He said the department has removed millions of cubic yards of storm debris, is ahead of schedule on the Moving Florida Forward initiative, and faces a large unfunded project backlog. Members asked about supply chain issues, project priorities, and workforce needs, and Perdue said FDOT is open to collaboration on recruitment and retention.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 4/9/26

Taxes

Transcript Highlights:
  • </c> care requires sustained capital care requires sustained capital investment.<01:08:52.520><c> If<
  • </c> this tax bill enables phased capital this tax bill enables phased capital investments,<01:09:30.640
  • We issue bonds based on the whole capital.
  • We issue bonds based on the whole capital.
  • </c> So, just to clarify, so our capital So, just to clarify, so our capital improvement<01:16:45.800
Bills: HF4841 , HF4234 , HF3697
Committee: House Taxes
MN

Minnesota 2025-2026 Regular Session

Committee on Capital Investment - 02/18/25

Capital Investment

Transcript Highlights:
  • </c> really exciting U ofm day at the capital really exciting U ofm day at the capital uh<00:00:55.239
  • Our 2025 capital request includes just two items.
  • </c> and talk about our 2025 state capital and talk about our 2025 state capital request<00:03:05.480
  • </c><00:04:33.280><c> need</c> the University's greatest Capital need the University's greatest Capital
  • assets</c><00:20:20.799><c> play</c> capital program the capital assets play capital program the capital
NM

New Mexico 2025 Regular Session

Senate - Education Mar 5th, 2025

Senate Education

Transcript Highlights:
  • Why didn't this go through your capital outlay request? Mr.
  • They regularly ask for capital money for equipment upgrades.
  • I understand you can't use capital money for operational costs, but why was there not a capital request
  • About $300,000 should have been funded out of capital.
  • My only comment is that when we have capital-type things, we really ought to be funding it through capital
MA

Massachusetts 2025-2026 Regular Session

Senate Session (Full Formal with Calendar) Jun 21st, 2026 at 11:00 am

Massachusetts Senate Floor Meeting

Transcript Highlights:
  • Tarr, excess capital gains distribution. Senator Tarr. Thank you, Mr.
  • It's because we know we can't count on excess capital gains.
  • Five percent, only 5 percent of our excess capital gains into the stabilization fund.
  • The instant amendment puts 75 percent of excess capital gains into the stabilization fund.
  • It's 5% of our excess capital gains, not as what was required by statute.
Summary: The Senate considered a fiscal year 2025 close-out supplemental appropriations bill and a series of amendments, many of which were withdrawn, adopted, or rejected. Early debate focused heavily on funding for the 2026 FIFA World Cup in Massachusetts, with Senators O’Connor and Feeney arguing for restoring money for transportation, safety, and event readiness, citing projected ridership surges, economic benefits, and the need for Boston and the Commonwealth to invest. Senator Driscoll also won adoption of an amendment directing the MBTA to study and report on its local assessment formula, using Milton and Quincy as examples of perceived inequities in how communities are charged relative to service received. The Senate then took up several other amendments, including measures on fire survivor support, vaccine liability, mental health and sidewalk projects, council on aging and public safety items, disaster relief, service dogs, and MBTA assessments. Senator Tarr offered amendments on driver record transparency and energy cost reporting, but those were not adopted. A major roll-call vote rejected Tarr’s amendment to restore a larger share of excess capital gains to the stabilization fund; supporters argued for stronger rainy day reserves, while the Ways and Means chair defended the bill’s use of a deficiency reserve fund and warned of revenue losses from federal tax changes. The Senate also adopted an amendment on shelter and Home Base spending transparency, requiring renewed reporting on emergency shelter and housing assistance programs. Later, the chamber adopted Senator Edwards’ amendment creating a Massachusetts Federal Employee and Service Member Civil Relief Act to protect federal workers and service members in the event of a shutdown, including relief from eviction and foreclosure-related harms. The Senate also adopted Senator Rodrigues’s Ways and Means amendment, then approved the underlying supplemental budget as amended and ordered it to third reading. After the final roll call, the bill was passed to be engrossed by a 39-0 vote. The Senate concluded by agreeing to adjourn and by honoring Mrs. Anne Lee in memory, with a brief communication from Senator Cyr noting a prior remote-vote error for the journal.
WA

Washington 2025-2026 Regular Session

Senate Transportation Feb 24th, 2026

Transcript Highlights:
  • As background, the transportation bonds are issued to fund transportation capital projects that have
  • So items that didn't get finished last biennium are rolling forward, mostly capital projects.
  • Capital program that puts far too much pressure on flexible funds to backfill the costs.
  • We think... ...of the bill, which is the Rail Program Y Capital.
  • Please include these capital investments in your final budget. Thank you.
Summary: The Senate Transportation Committee held public hearings on three bills: SB 6225, a proposed substitute bond bill authorizing transportation funding bonds; SB 6005, the proposed substitute supplemental transportation budget; and SB 6354, a bill to expand access to electric vehicles through limited direct sales by qualifying EV-only manufacturers and changes to the documentary service fee. Staff explained that SB 6225 would authorize $1.1 billion in general obligation bonds, an additional $400 million for selected Move Ahead Washington highway projects, a $500 million increase in SR 520 bond authority, and the expiration of some older unused bond authorizations. For SB 6005, staff described a $17.5 billion supplemental budget with $1.5 billion in new funding, including reappropriations, preservation and maintenance spending, ferry investments, Climate Commitment Act-related adjustments, and a six-year balanced plan through 2031. For SB 6354, staff outlined the direct-sales framework for qualifying EV manufacturers, dealer licensing requirements, penalties for violations, and a fee increase that would direct revenue to EV rebates and multimodal transportation. Testimony on the budget and bond bills was broadly supportive from transit, local government, labor, construction, ports, and climate advocates, who praised preservation funding, ferry investments, safety programs, EV charging, rail electrification, and flood-response or local project funding. Several witnesses asked for specific project or account changes, including support for Skagit Transit, Day Road and Poplar Way bridge-related funding, Spokane TMC operating support, Kent corridor funding, and additional rail capital projects. Some speakers also urged more Climate Commitment Act funding for EV rebates, charging, and rail electrification, while others warned against deeper cuts to local programs and stressed the need for long-term preservation and bonding to stabilize the system. Testimony on SB 6354 was sharply divided. Rivian, Lucid, and several Washington auto dealers supported the bill as a compromise that would allow limited direct sales for EV-only manufacturers while preserving franchise protections and generating revenue for EV rebates. Climate advocates supported the bill as a way to accelerate EV adoption and asked that more of the fee revenue go to instant rebates for low-income buyers. In opposition, the Alliance for Automotive Innovation and Honda argued the bill creates unequal rules, weakens the franchise system, and was not the product of a true compromise. The committee announced that SB 6225 and SB 6005 would be in executive session Thursday at 8 a.m., with amendments due by noon the prior day, while SB 6354 would be scheduled for executive action later.
MN
Transcript Highlights:
  • They modeled that after an MCO capitated program.
  • We are now doing a fee-for-service program, not a capitated program.
  • </c> that after an MCO capitated program. that after an MCO capitated program.
  • </c><00:16:14.240><c> The</c><00:16:14.399><c> capitated</c> a capitated program.
  • The capitated a capitated program.
NM

New Mexico 2025 Regular Session

House - Rural Development, Land Grants And Cultural Affairs Jan 23rd, 2025

House Rural Development, Land Grants And Cultural Affairs

Transcript Highlights:
  • So we provided short-term working capital loans to those businesses.
  • They're left solely then really with capital outlay.
  • One is venture capital.
  • We experienced that with our capital outlay.
  • This is to help them get ready to access capital.
KY
Transcript Highlights:
  • the capital campus.
  • capital campus security Campus capital campus security personnel,<00:58:36.120><c> uh</c><00:58:36.320
  • :15:37.320><c> and</c> Page 135, capital construction and Page 135, capital construction and equipment
  • So that's really what you see there. the capital project and it's not in this the capital project and
  • In the capital<01:22:24.920><c> projects</c><01:22:25.520><c> budget</c> capital projects budget capital
Summary: The Free Conference Committee on the 2026 General Assembly budget met to reconcile differences between the House and Senate versions of House Bill 500. Leaders opened by thanking the other chamber’s work, asking members to turn microphones on and off to avoid feedback, and stressing the need to clearly note decision points so both chambers record the same actions. Staff then walked through the bill page by page, explaining that the committee was comparing only House and Senate differences, not the governor’s proposed budget. The discussion covered a wide range of appropriations and language items, including next generation non-911 services, school safety reporting tools, restored funding for brain injury, epilepsy, veteran service, homeless veterans, and rocket docket programs, debt service changes, rural infrastructure, disaster aid caps, Attorney General and Medicaid fraud funding, agriculture and county fair grants, auditor and pension-related appropriations, school facilities and SEEK funding, and numerous education programs. Members also discussed charter-related funding such as Star Academy, Dolly Parton Imagination Library, school resource officers, school-based mental health providers, AP/IB exams, Governor’s Scholars and Entrepreneurs, and several pilot or initiative programs in economic development, energy, and labor. Several items were described as technical corrections or restorations of language and funding, while others reflected differences in amounts or how funds would be distributed. There were several questions and comments from members about wording such as “implement and carry out,” the absence of the governor’s budget from the comparison document, and whether SEEK funding should be tied to teacher raises. The chair and other members emphasized that the committee’s role was to reconcile the two chambers’ budgets, not to adopt the governor’s proposal. Members also raised concerns about opioid settlement funds and the Dolly Parton Imagination Library match rate, with one senator urging restoration of the House language. No final vote or formal action was taken in the portion provided; the meeting primarily consisted of explanation, questions, and discussion of proposed budget differences.