Video & Transcript Research : 'development bonds'

Page 91 of 500
CA
Transcript Highlights:
  • The climate bond allocates $300 million for climate-smart agriculture over the lifetime of the bond.
  • And as we talk to housing developers, as we talk to clean energy developers, and frankly, as I talked
  • And as we talk to housing developers, as we talk to clean energy developers, and frankly, as I talked
  • But it's only one bond that made it through the Legislature, and that was this climate bond.
  • the bond.
Summary: The meeting began with a lengthy opening discussion with Secretary Karen Ross of the Department of Food and Agriculture, who reviewed the department’s proposed budget, emphasized California agriculture’s record output, and highlighted major priorities including climate-smart agriculture, groundwater management, local food systems, farm-to-school, food hubs, invasive pest prevention, bird flu response, and food safety. She also warned about federal budget cuts, especially at USDA and FDA, and discussed market access challenges abroad, rising input costs, labor shortages, and the need for automation and workforce training. Members raised questions about the future of Farm to School, the California Nutrition Incentive Program/Market Match, local food procurement, and how to better connect farmers to schools, food banks, and food hubs; Ross said the department had strong evidence the program benefits small farms and Title I schools and noted continued interest in building out local food infrastructure. The committee then took up item one on eliminating vacant positions at the Departments of Fish and Wildlife, Parks and Recreation, and Food and Agriculture. The Legislative Analyst’s Office explained that the Governor proposed eliminating 6,000 vacant positions statewide, with the Joint Legislative Budget Committee previously rejecting 650 of them, including 174 in these three departments. LAO and Finance said the vacancies represented a source of budget flexibility, but warned that eliminating them could create program impacts; LAO recommended retaining the special-funded positions at Fish and Wildlife and Food and Agriculture, while weighing the General Fund positions against other priorities. Finance argued the reductions were part of a broader budget-resiliency exercise and that departments could reclassify or shift vacancies to higher priorities. Members focused heavily on the practical impacts of the cuts. Assemblymember Petrie-Norris argued that Fish and Wildlife staffing shortages were already slowing permits needed for housing, clean energy, water, and transportation projects, and questioned the value of saving relatively small amounts of money. Fish and Wildlife officials said the department had prioritized mission-critical work and could still meet permitting obligations, but acknowledged limited-term staffing constraints. State Parks said the proposed ranger and maintenance cuts would not have immediate effects but could slow maintenance and eventually worsen deferred maintenance. Food and Agriculture said some of the eliminated positions supported early pest detection and eradication, but that the department believed it could still meet its mandate and reclassify positions if needed. The chair and several members signaled concern about the Fish and Wildlife and Parks cuts, while also noting the broader need for budget reductions. The committee then moved to item six, hearing an overview from the Governor’s Office of Land Use and Climate Innovation. Staff described the office’s role in CEQA implementation and said the budget requests were baseline funding to maintain existing functions, including IT services and administrative/legislative support, rather than new programs. The chair asked the presenters to move quickly through background material so the committee could get to questions, and the item began with no votes taken during the meeting.
CA
Transcript Highlights:
  • So the requirement is applicable to the whole bond.
  • Well then, from a bond overall bond perspective, that gives you some flexibility in other programs where
  • It's just a bond, but of everything on the agenda, the bond is what I think you find the Assembly most
  • to be out in the market developing partnerships.
  • Maximize the bond dollars.
Keywords: 988, house, all
CA
Transcript Highlights:
  • The bonds do not... Without the exemption, these deals do not pencil. The bonds do not get issued.
  • No LIHTC, no bond cap allocation, no state appropriation.
  • And we forced the developer to do the sewage piping from that development to, you know, $10,000, you
  • And we forced the developer to do the sewage piping from that development to, you know, $10,000, you
  • of development rather than after.
Summary: The committee heard testimony on several housing-related proposals and policy ideas. One speaker urged changes to the welfare property tax exemption for affordable housing, arguing that annual income recertifications are outdated and burdensome, and proposing a one-time qualification at move-in, streamlined monitoring through TCAC or HCD, and continued exemption protection for projects that remain in compliance. The witness said rising insurance costs and administrative burdens are hurting cash flow and threatening the viability of affordable housing operations. A major portion of the meeting focused on social housing and the SB 555 study. HCD described its ongoing study process, including public engagement with residents, practitioners, and experts, and noted that California already has many building blocks for social housing, such as public land tools, long-term affordability mechanisms, community land trusts, and tenant protections. Community land trust and housing policy witnesses argued that social housing will require legislative action, expanded public subsidy, tax abatements, public land, and simplified financing, and they emphasized the need to reframe the concept for the “missing middle” and middle-class households to build broader political support. Committee members discussed stigma around “social housing,” the need for a rebrand, and the possibility of a pilot program, especially on excess public land. The committee also heard a proposal for a certified professional plan-check system modeled on Vancouver, Canada. The presenter said California’s permitting delays, inconsistent reviews, and staffing shortages add cost and uncertainty even for streamlined projects, and proposed allowing state-certified private professionals to perform plan checks and inspections under state oversight while local governments retain zoning and enforcement authority. Members discussed local control concerns, infrastructure costs, and the need to reduce delays and uncertainty in the entitlement process. Finally, the committee heard testimony supporting changes to HCD loan disbursement so funds can be used during construction rather than only after completion. Witnesses said this would reduce interest costs, improve feasibility, and could produce additional affordable homes with existing funding. The discussion also referenced AB 1053 as the vehicle for implementing that approach.
MN

Minnesota 2025-2026 Regular Session

Committee on Housing and Homelessness Prevention - 03/17/26

Housing and Homelessness Prevention

Transcript Highlights:
  • activity bonds activity bonds are<00:05:17.200> capped.
  • Under the old rules, the developer would typically request 55% of their cost in private activity bonds
  • , or $22 million in bonds.
  • million worth of bonds. million worth of bonds.
  • cap on the maximum bond um limitation. cap on the maximum bond um limitation.
Keywords: 1187, senate, all
KY
Transcript Highlights:
  • <00:41:22.720> Authority Industrial Development Authority Industrial Development Authority
  • Woodford County Economic Development Woodford County Economic Development Authority<00:43:18.560
  • Center revenue bonds 2016 series A in Center revenue bonds 2016 series A in accordance<00:48:32.319><
  • refunding of of an existing bond. refunding of of an existing bond.
  • and then tendering bonds as well to try and get holders, investors of those bonds to tender them back
Summary: The committee first handled routine business, including approval of the February meeting minutes and several information items. Those items covered university equipment purchases, school district and transportation-related debt issuances, Northern Kentucky University’s planned construction-manager/general-contractor delivery method for the medical examiner/crime lab relocation project, a lease-space advertisement, postsecondary asset preservation allocations, and lease-law compliance reports. Members then discussed the Northern Kentucky crime lab project in more detail; staff explained that the memorandum of agreement would cover the construction portion while the lease would cover operations, and members were told the project should move forward without procurement problems. The committee approved a Kentucky Community and Technical College System project to modify the fire academy maintenance building after the related dormitory project was set aside because of major cost overruns. KCTCS said the dormitory would be about $3 million over budget, so it would not be bid; instead, the maintenance building would be expanded to add showers and restroom/locker facilities, bringing that project from $2 million to about $3.2 million. The committee also approved a Transportation Cabinet project for the Hardin County I-65 southbound commercial motor vehicle station relocation, with members asking about the estimate, the lack of a direct prior example, and the fact that the loadometer equipment itself would be purchased separately and was not included in the construction estimate. Finance and Administration Cabinet lease items were then considered. The committee approved a Department of Public Advocacy lease in Christian County and a Transportation Cabinet vehicle regulation lease in Kenton County, both negotiated down from initial asking prices and both including utilities. Two lease modifications were reported without action: a Department of Revenue fit-up in Jefferson County and an expanded vehicle regulation lease in Adair County. Members also approved a package of Kentucky Infrastructure Authority items, including four loans and six Cleaner Water Program grant reallocations, covering sewer and water projects such as MSD’s Patty’s Run flood pumping station, Paducah-McCracken County’s wastewater treatment plant, Mount Washington’s lift station replacement, and Eminence’s wastewater plant expansion. Finally, the committee heard a batch of Kentucky Product Development Initiative economic development grants and approved the action items in one vote. The projects included due diligence and infrastructure work for industrial and site-development projects in multiple counties, with local match requirements and KEDFA approvals described for each. The committee also received three line-item water grants from House Bill 1 that required no action, and the meeting ended after the grant presentations and approvals.
HI
Transcript Highlights:
  • <00:14:41.800> and committee on Economic Development and committee on Economic Development
  • <00:20:53.320> in development in development in support<00:20:55.880> uh<00:20:56.880><
  • GO bonds would fall under this.
  • GO bonds would fall under this.
  • GO bonds would fall under this.
Keywords: 912, senate, all
Summary: The committee heard several measures, beginning with SB 1061 on digital equity. Testimony was strongly supportive, including from Rosie Davis of the Maui County Area Health Education Center, who said Molokai and Maui need better digital access for telehealth and clinic services. Members discussed whether the bill should be consolidated with other digital broadband measures and asked about funding; the chair noted the draft used general funds but said federal money was now available for the navigator program. The committee later recommended SB 1061 be passed with an SD1, technical amendments, and an effective date of July 1, 2050, with members voting aye. The committee then heard SB 135 on macadamia nut labeling. Hawaiian Host Group and several supporters argued the bill would help align the industry around a processing solution and support growers and jobs, while the MacNut Association and Hamakua Macadamia Nut Company opposed it, saying the state lacks enough processing infrastructure and that existing law already covers labeling. In questioning, members focused on the lack of a current processing facility and the timeline for a new one on Hawaiʻi Island. After hearing mixed testimony, the committee deferred the bill indefinitely. The committee also considered SB 1657 and SB 1539 relating to the Agribusiness Development Corporation. Testimony on both measures was generally supportive, with ADC describing the Wāhō water system as serving about 5,000 acres and over 70 farmers, mostly small and medium growers, and saying the proposal would help expand service without asking for more water. The committee later voted to pass SB 1657 and SB 1539 with SD1s, technical amendments, and a July 1, 2050 effective date. Finally, the committee took up SB 891 on economic development and gaming. The hearing drew extensive testimony, including support from Boyd Gaming and Stanford Carr Development, and opposition from Native Hawaiian speakers who said Hawaiians must have a seat at the table and raised concerns about self-determination and outside control. Members questioned the scope of the proposed gaming working group, the number and makeup of members, and the need to review prior gaming bills and studies. In decision-making, the committee passed SB 891 with an SD1 and major amendments: adding tourism references, changing expense reimbursement rules so private gaming representatives pay their own expenses, expanding the working group to include Native Hawaiian, social services/behavioral health, DBEDT, law enforcement, and tax/professional expertise seats, deleting one proposed seat, and adding a July 1, 2050 effective date. The committee also reported that the recommendations were adopted by vote.
CA
Transcript Highlights:
  • The bonds do not. There's a hard ceiling at that level.
  • The bonds do not. Without the exemption, these deals do not pencil. The bonds do not get issued.
  • No LIHTC, no bond cap allocation, no state appropriation.
  • And we forced the developer to do the sewage piping from that development to, you know, $10,000, you
  • of development rather than after.
Keywords: 988, house, all
Summary: The committee heard testimony on several housing-finance and permitting reforms aimed at making affordable and middle-income housing projects “pencil.” The first panel focused on the welfare property tax exemption, with witnesses arguing that annual recertifications are outdated, burdensome, and costly for both residents and operators. They urged streamlining by aligning eligibility rules with TCAC or HCD monitoring, allowing one-time qualification at occupancy, and preserving exemptions for projects that remain in compliance, especially as insurance costs and operating deficits are rising sharply. A major portion of the meeting centered on social housing and community land trusts under SB 555. HCD described the state’s ongoing study, due by December 31, 2026 and to be included in the 2027 annual report, and outlined public engagement already completed with residents and practitioners. Community land trust and policy witnesses argued that social housing will require legislative action beyond the study, including expanded tax abatements, public land use, soft loans, and simpler capital stacks. They emphasized that the model should include mixed-income and “missing middle” households, and several members discussed the stigma around the term “social housing,” suggesting a rebrand toward generational or multi-generational housing to broaden public support. The committee also discussed a proposed certified professional program modeled on Vancouver, Canada, to speed plan checks and inspections by allowing state-certified private professionals to perform certain code-compliance functions under local oversight. The witness said this would reduce delays, repeated reviews, and cost overruns while preserving local authority over zoning and enforcement. Members raised concerns about local control, infrastructure costs, and political resistance, but expressed interest in exploring a pilot and further recommendations. In the final panel, housing advocates supported allowing HCD loan funds to be disbursed during construction rather than only after completion. They said this would reduce interest costs, improve project feasibility, and could produce additional affordable homes without new appropriations. Members agreed the current system is fragmented and outdated, and several speakers and legislators repeatedly called for streamlined, more flexible financing and permitting tools to support housing production.
CA
Transcript Highlights:
  • The climate bond allocates $300 million for climate-smart agriculture over the lifetime of the bond.
  • And as we talk to housing developers, as we talk to clean energy developers, and frankly, as I talked
  • And as we talk to housing developers, as we talk to clean energy developers, and frankly, as I talked
  • But it's only one bond that made it through the Legislature, and that was this climate bond.
  • the bond.
Keywords: 988, house, all
Summary: The committee first heard opening remarks from Secretary of Food and Agriculture Karen Ross, who reviewed the department’s budget and priorities. She emphasized California agriculture’s record production, but also the pressures facing farmers from climate change, drought, groundwater regulation, supply chain disruptions, low commodity prices, and federal funding cuts. Ross highlighted ongoing investments in Farm to School, local food procurement, food hubs, climate-smart agriculture, invasive pest prevention, bird flu response, and food safety, and she warned that proposed USDA cuts and market disruptions could harm research, pest control, and export development. Members also discussed the importance of local food systems, school kitchens, and the need to better connect farmers to schools, food banks, and institutions. A major topic was the Farm to School program and related local food initiatives. The chair raised concerns that the Legislative Analyst’s Office was recommending against continued funding for Farm to School because it did not meet the state’s “must-have” standard, and suggested pairing it more closely with the Local Food Purchase Assistance Program and food hubs to broaden its impact. Ross responded that Farm to School has already reached nearly half of California students, has helped small farms, and is part of a larger strategy that includes school kitchen investments and culinary training. Members also discussed Market Match/CNIP, which Ross said was not funded in the current budget, and Proposition 4 climate bond spending, including SWEEP, Healthy Soils, urban agriculture, invasive species work, tribal food sovereignty, and land access programs. The committee then moved to Item 1 on eliminating vacant positions at the Departments of Fish and Wildlife, Parks and Recreation, and Food and Agriculture. The LAO explained that the Governor proposed eliminating 6,000 vacant positions statewide, with the JLBC previously not concurring with 650 of them, including 174 in these three departments. The LAO recommended retaining the special-funded positions at Fish and Wildlife and Food and Agriculture because they support important functions and do not materially help the budget, while weighing the General Fund positions against other priorities. Finance said the vacancy reductions were intended to improve budget resiliency and preserve flexibility, noting that vacant positions can be used to cover other operational costs or be reclassified. Department representatives argued some eliminated positions were hard to fill and that the cuts would affect permitting, public safety, maintenance, and pest detection, though they said immediate impacts would be limited because many positions were already vacant. Members pressed Finance and department staff on whether the savings justified the program impacts, especially at Fish and Wildlife, where permitting bottlenecks were described as a concern for housing, clean energy, water, and transportation projects. Several members questioned why special funds tied to fees were being reduced, and why Fish and Wildlife’s special funds were treated differently from other departments. Parks said the proposed ranger and maintenance cuts would not have immediate effects but could slow long-term maintenance and staffing capacity. CDFA said some of the eliminated positions supported early pest detection, the broom rape program, and other oversight functions, but that the department believed it could still meet its mandate through reclassification and internal prioritization. No votes were taken, and the chair noted that public comment would come after all items were heard.
NM

New Mexico 2025 Regular Session

House - Chamber Meeting Mar 3rd, 2025

Transcript Highlights:
  • To do whatever they can to develop the economic development of the region and to serve their citizens
  • Act as the 9-1-1 Bond Act.
  • Speaker, gentlelady, so this bond, these bonds would specifically be spent on projects identified on
  • For foreign trade zone development.
  • to the Secretary of Economic Development.
TX

Texas 89th Regular

Senate Session (Part II) Aug 18th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • With Senate Bills 2 and 3, $24 million will be allocated to develop enhanced atmospheric measurement
  • Senate Bill 3 requires the Water Development Board to identify areas that have a history of severe flooding
  • The Water Development Board shall maintain and appropriate the municipality or county to...
  • The training system for development and delivery of the training SB 2 requirements for...
  • So when you develop your legislative priorities, I imagine you're hearing from constituents, town halls
MN

Minnesota 2025-2026 Regular Session

House Capital Investment Committee 2/13/25

Capital Investment

Transcript Highlights:
  • In summary, the DNR's 2025 bond request...
  • existing mechanism of using State bonds existing mechanism of using State bonds was<00:48:14.000
  • <00:48:21.880> can not you know years without bonding can not you know years without bonding
  • I mean, what if we had trunk highway bonds pay for this?
  • <00:50:28.839> or rather than General obligation bonds or rather than General obligation bonds
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

Housing Committee Meeting - 2025-04-08

Housing Finance and Policy

Transcript Highlights:
  • The Greater Minnesota Workforce Housing Development Program also has a $10 million appropriation in the
  • Looking at line 49, there is an authorization for $100 million In housing infrastructure bonds.
  • Last but certainly not least is the $100 million in housing infrastructure bonds.
  • Housing infrastructure bonds are the state's largest source of capital for the development of housing
  • Homes, with total development costs of nearly $1.9 billion.
MN

Minnesota 2025-2026 Regular Session

Working Group on Omnibus Capital Investment Bill - 06/09/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • <00:03:08.159> Grant Capital Area Economic Development Grant Capital Area Economic Development
  • business development, public infrastructure grants, and transportation economic development.
  • So that's GO bonding.
  • development project. development project.
  • /c><00:15:43.040> it<00:15:43.279> also development bond um program and it also development
Keywords: 1187, senate, all
NM
Transcript Highlights:
  • Almost all of those parcels now are either developed or In by a private developer or are under a development
  • touch the state's sponge bond capacity.
  • But going back to the bond issue.
  • I can check in with our bond advisor.
  • , and because of urban development.
HI
Transcript Highlights:
  • <00:16:55.040> of Grant agreement and the development of Grant agreement and the development
  • the version of this the development the version of this the development agreement<00:50:45.319><
  • We’re using bond counsel and bond underwriters to do such, so you need to get working on those financial
  • We're using bond counsel and bond underwriters to do such, so you need to get working on those financial
  • also looking at 201h or development also looking at 201h or development agreements<01:07:35.279>
Keywords: 912, senate, all
Summary: The committees considered a large number of Senate bills, with many measures advanced either unamended or with technical or substantive amendments. Early action included SB 88 and SB 11 SD1, both passed unamended, and SB 562 SD1 and SB 642 SD1, which were passed with amendments reflecting agency testimony. SB 1133 SD1 was amended to remove duplicative county requirements and clarify tax credit carry-forward eligibility, while SB 1569 SD1 on sports wagering was deferred. Later, SB 933 on nonprofit/federal funding support drew strong testimony from nonprofit and health advocates emphasizing the risk of federal funding freezes and the importance of protecting services such as early learning, domestic violence support, housing, and workforce supports; the committee recommended amendments to define eligible organizations, require reporting, and include the Judiciary. SB 934 and SB 935 were also amended, with SB 934 tying mass transit funding to Honolulu project milestones and SB 935 revising retirement-system language to change “fewer than five years” to “five or more years.” The committees then took up additional measures with targeted amendments. SB 1033 was amended to clarify that the bill applies to legal entities, not individuals, though members noted concerns about closely held family corporations and asked that the issue be reflected in the committee report. SB 1166, SB 1249, and SB 1256 were advanced with amendments or committee-report notes reflecting concerns from the Attorney General, Hawaii Cattlemen’s Council, and Hawaii Farmers Union United, respectively. SB 1432 and SB 137, both relating to electric utilities, were amended to require retention of covered employees after mergers or acquisitions and to direct the PUC to consider whether proposed transactions further state policy goals. SB 157 on antitrust was narrowed to focus on coordinator conduct in rental housing markets, SB 252 on invasive species received a defective effective date, and SB 336 on defense of state employers and employees passed unamended. SB 536 on the Hawaii Community Development Authority was deferred to a later hearing, and SB 1064 on medical cannabis was heavily amended to authorize cultivator licenses with limits on canopy size, license counts, physician fees, and a special-fund appropriation for enforcement. In the Ways and Means portion, the committee passed several bills unamended, including SB 19, SB 124, SB 264, SB 345, SB 422, and SB 741 and SB 747 later in the agenda. SB 361 was amended to remove references to the attorney general and delete an appropriation section, SB 438 was amended to redefine buffer zones and landfill-unit language, and SB 441 and SB 494 were amended to blank appropriations and, in SB 494, assign charter-school audit responsibility to the state auditor. SB 659 was substantially amended to promote local procurement, including county-level geographic preferences and higher thresholds for locally sourced purchases, and SB 732 was amended to adjust film tax credit provisions, including the streaming-platform definition and sunset-related language. SB 819 was amended to replace references to “educators” with “teachers.” Throughout, most measures were adopted without recorded opposition, though several members noted reservations on particular bills.
TX

Texas 89th Regular

89th Legislative Session May 19th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • bond.
  • The judge released him on a $750,000 bond. $75,000 bond, which costs $7,500 to be released.
  • Um, because there's an issue related to conditions of bond, maybe not the amount of bond.
  • One was held without bond, the other was released on $500,000 bond on a capital murder case.
  • bond-related projects.
NM

New Mexico 2025 Regular Session

IC - Investments and Pensions Oversight Oct 8th, 2025

Investments & Pensions Oversight Committee

Transcript Highlights:
  • And I don't know what New Mexico's bond rating is. I suspect it's not the highest in bond rating.
  • Who would consider not making their required payment on a bond?
  • What happens when you skip a bond payment?
  • Well, a couple of things: one, you're lowering your bond rating.
  • When I googled our bond rating, it says we're A.