Video & Transcript Research : 'construction financing'

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MN

Minnesota 2025-2026 Regular Session

Committee on State and Local Government - 03/26/26

State and Local Government

Transcript Highlights:
  • contracts on million-dollar construction contracts on million-dollar construction projects<00:08
  • I've been active in the Minnesota Government Finance Officers Association, have served on the Finance
  • construction jobs. construction jobs.
  • the Minnesota Government Finance the Minnesota Government Finance Officers<00:32:35.640> Association
  • I also Finance Officers Association.
Keywords: 1187, senate, all
TX
Transcript Highlights:
  • The Senate Finance Committee will please come to order.
  • There were three parts to it: construction space, equipment, and people.
  • Items I through P include the coronavirus method of finance swap.
  • Turning to page six, item four covers facility needs and new construction.
  • Item 4 covers facility needs and new construction.
Summary: The Senate Finance Committee heard the Legislative Budget Board’s overview of the Texas Department of Public Safety’s 2026-27 budget, followed by extensive testimony from DPS leadership. The LBB presentation covered funding and staffing changes across driver license services, facilities, troopers and recruit schools, crime labs, vehicle and aircraft operations, and border security. The recommendations included added support for customer service staffing and trooper hiring, but did not include several DPS exceptional items such as major driver license staffing and technology requests, new regional headquarters in El Paso and San Antonio, and other capital projects. Members also discussed proposed rider changes, including a new rider to lapse unused trooper funding and require reporting after recruit schools. Much of the committee’s questioning focused on driver license operations, where senators criticized long call wait times, low call-answer rates, appointment delays, and what they viewed as an overreliance on adding staff rather than improving processes. DPS and LBB witnesses said the agency is pursuing some technology upgrades, including automation, online pre-population of applications, and appointment-system improvements, but acknowledged that the driver license division remains a major problem area. Senators also raised concerns about whether the 2019 efficiency study led to meaningful changes and whether the agency should consider broader process redesign or even a different administrative structure. Colonel Freeman and other DPS officials then defended the agency’s broader law enforcement and border-security work, emphasizing the need for the Williamson County training academy, the 500 additional troopers funded in prior sessions, and continued support for Operation Lone Star. They described DPS’s role in border interdiction, threat-to-life investigations, oilfield theft cases, Capitol and Alamo security, and highway safety, and said the agency is stretched thin by deployments and overtime. Members asked about border reimbursement possibilities, regional staffing differences, pursuit safety, fleet and aircraft replacement needs, and the Texas Ranger Hall of Fame museum. No votes or formal actions were taken in the portion provided.
HI

Hawaii 2025 Regular Session

House Chamber - Wed Apr 30, 2025, 9:00AM HST - Day 59

Hawaii House Floor Meeting

Transcript Highlights:
  • For the Department of Budget and Finance, Madam Speaker, the Department of Budget and Finance includes
  • And I want to thank the finance chair, finance vice chair, and all the members of the finance committee
  • Subject to the call of the chair. finance chair, finance vice chair, and finance chair, finance vice
  • um all the members of the finance um all the members of the finance committee<01:47:50.159> for
  • protection structures constructed protection structures constructed pursuant<02:36:04.399> to
Keywords: 910, house, all
CA
Transcript Highlights:
  • Taylor McRoe, Department of Finance.
  • Kaylee App, Department of Finance.
  • Chris Hill, Department of Finance.
  • Thank you, Department of Finance. LAL. I have a comment.
  • All right, and from our Department of Finance, nothing.
Summary: The Assembly Budget Subcommittee No. 5 on State Administration heard a series of budget change proposals and trailer bill items, beginning with Housing and Community Development (HCD) requests. HCD sought permanent authority for seven existing temporary positions to support the HCD Connect IT system, and a separate proposal to fund implementation of eight 2025 housing-related laws with $4.2 million General Fund and 16 positions, plus $470,000 one-time General Fund. Members asked about how HCD Connect would interact with programs moving to the new Housing Development Finance Committee, and HCD also explained that the estimated cost to implement AB 1053 had been revised downward from about $6 million to $1.9 million because of shared implementation with CalHFA and the new committee structure. The committee also heard a Cal ICH proposal for $339,000 one-time General Fund to implement AB 678 on LGBTQ+ inclusive and culturally competent homelessness services, with testimony emphasizing data gaps and the need for a contract-based approach because HMIS cannot be changed unilaterally. The Department of Financial Protection and Innovation presented three continuation proposals: $15.34 million and 53 positions for the California Consumer Financial Protection Law program, $13.5 million and 51 positions for the Debt Collector Licensing Act program, and $49,000 ongoing for two positions in the broker-dealer/investment adviser education program. Members and the public raised concerns about the size and fairness of debt collector assessments and licensing fees, while DFPI explained the pro rata fee structure, the current license count, and how larger assessments fall on larger firms. Public testimony also supported retaining funding for the Student Loan Empowerment Network and requested funding for a franchise broker registration program. The committee also considered a mandate item involving suspension of a disclosure requirement related to property taxation, and trailer bill language from the Government Operations Agency to amend AB 91 on MENA demographic data collection, with the administration emphasizing data nondisclosure, protection of federal funding, and delayed implementation. The Secretary of State’s office then presented Help America Vote Act funding requests: $10.3 million for VoteCal maintenance and operations and $4.492 million for HAVA spending plans supporting voter education, training, accessibility, auditing, and county assistance. The office also requested $660,000 General Fund to implement AB 1392, which would make voter registration information for elected officials and candidates confidential, and explained the need to modify VoteCal and county election systems. The committee also heard requests to continue the Cal-Access Replacement System with $11.8 million General Fund and to continue the Notary Automation Program Replacement Project with $9.75 million from the Business Fees Fund. Members asked about total project costs, testing, data migration, and the expected November 2026 go-live date for Cal-Access replacement. Votes were taken on the vote-only items once quorum was established, and the committee approved the items considered. The final informational item was an overview from the California Arts Council, which highlighted the agency’s 50th anniversary, its statewide grantmaking, and the economic impact of arts funding. Council staff described Creative Corps, cultural districts, and the role of arts funding in local economies, while members and public witnesses urged increased support, including a request to raise local assistance grant funding to $50 million and to provide additional funding for cultural districts. Testimony emphasized the arts as economic infrastructure, community infrastructure, and a source of civic and cultural vitality across California.
NM

New Mexico 2026 Regular Session

IC - Legislative Finance Dec 11th, 2025

Transcript Highlights:
  • Slide 11: RASD team, finance, budget, HR, OLA—the people who put all the information together here today
  • Secretary Serena was interested in cameras within construction zones, and I think he made a push for
  • Chair, Senator Padilla, we have met with the construction company and are moving forward on that.
  • My most recent understanding of it is they brought on a construction manager at risk to try to get the
  • And there are really a few large items here from the New Mexico Mortgage Finance Authority.
Summary: The Department of Public Safety presented its FY27 budget request, emphasizing three priorities: improving community engagement through a redesigned website and outreach, expanding statewide data and intelligence integration through intelligence-led policing, and improving emergency response and officer safety through fleet replacement, a driving track, and a requested helicopter. DPS said much of its increase is driven by rising health care premiums, and it is also seeking special appropriations for fleet replacement, the website rebuild, and an Honor Guard program created after the 2022 helicopter crash that killed four public servants. Members asked about vacancies, fleet costs, cybersecurity compliance, the real-time crime center, EV fleet participation, and the Metro DPS facility. DPS said its vacancy rate is about 9%, its fleet replacement needs are driven by mileage and condition, it is compliant with federal CJIS standards even though DoIT has raised concerns, the real-time crime center would be built as a regional model to complement Albuquerque’s center, and the Metro facility is moving toward a January groundbreaking. Committee members also discussed several DPS-related capital and IT requests, including the intelligence-led policing data lake, recurring maintenance for critical systems, and a $5.6 million reauthorization for state crime lab DNA backlog work and a $900,000 reauthorization for fingerprinting equipment. DPS explained that the website request is high because the current site must be rebuilt from scratch to support missing-person alerts, memorial updates, ADA compliance, and better communication with law enforcement and the public. Members also raised concerns about speed enforcement, construction-zone cameras, and whether EVs are practical for patrol use; DPS said it is not pursuing speed cameras and is only partially participating in the state EV initiative because patrol needs make full electrification difficult. The committee then received an LFC quarterly update on non-recurring appropriations from the 2025 General Appropriation Act. LFC reported that of the $1.4 billion appropriated in Section 5, $164 million had been expended and $333 million encumbered, leaving $897.4 million unspent, which is a slower pace than the prior year. Staff highlighted a number of reauthorization requests and slow-moving projects across agencies, including AOC cybersecurity funding, DFA housing and public safety grants, DoIT cybersecurity and higher education funds, EDD economic development and energy programs, OSI mitigation and malpractice funds, EMNRD energy and geothermal grants, Health Care Authority behavioral health-related appropriations, DPS crime lab and fingerprinting funds, PED career technical education and special education initiatives, and higher education loan repayment and technology funds. Members questioned why some large appropriations had little or no spending, discussed the need to monitor reauthorizations more closely, and asked for follow-up on several specific line items and project balances.
CA
Transcript Highlights:
  • Stephen Benson, Department of Finance.
  • It's been under construction for a while.
  • Andrew March with the Department of Finance.
  • Sorry, Andrew March with the Department of Finance.
  • James Moore with the Department of Finance.
Keywords: 988, house, all
Summary: The Assembly Budget Subcommittee heard the Department of Finance’s May Revision overview and the LAO’s budget assessment, then questioned administration officials on several natural resources and transportation proposals. Finance described the state’s improved near-term fiscal picture, but also highlighted continued budget balancing measures, including use of the temporary surplus holding account, climate bond spending, transportation and DMV/CHP augmentations, and changes affecting CEQA filing systems, water programs, CalRecycle, and food and agriculture. The LAO argued the budget still relies heavily on reserves and borrowing, recommended rejecting or delaying many new discretionary proposals, and urged caution about ongoing costs and future-year impacts, especially for the General Fund, Motor Vehicle Account, and Greenhouse Gas Reduction Fund. A major portion of the hearing focused on the Healthy Rivers and Landscapes proposal for Bay-Delta water quality implementation. Secretary Wade Crowfoot and Finance officials said the $25 million request would support early implementation of an enforceable program combining environmental flows, habitat restoration, and scientific monitoring, with the State Water Board retaining regulatory authority. The LAO said the proposal was premature because the updated Bay-Delta plan had not yet been adopted and asked for more clarity on the state’s existing commitments and future funding expectations. Several members expressed support for the program as a way to reduce long-running conflict over water policy, while others echoed concerns about timing and fiscal exposure. The committee also examined the proposed $125 million Proposition 4 contribution toward acquisition of the Golden Gate Fields property for a shoreline park and habitat restoration. State agencies said the project had a completed appraisal, was moving through a rolling grant process, and would leverage philanthropic and local funding, while members questioned why it was being elevated ahead of other park and conservation requests and whether it was the best use of limited bond dollars. The hearing then turned to transportation items, including $40 million for Clean California litter abatement, $6.2 million for Caltrans homeless coordinators, $73.4 million in DMV/Motor Vehicle Account requests, and funding for the 2028 Games route network. The LAO generally recommended rejecting or delaying the Clean California and homeless coordinator proposals pending more information, while members debated the need to preserve essential CHP and DMV operations despite the Motor Vehicle Account’s structural imbalance.
KY
Transcript Highlights:
  • This is our first meeting of the Budget Review Subcommittee on Personnel, Public Retirement, and Finance
  • I'm the executive director at the Office of Facility Development and Efficiency and Finance Cabinet.
  • <00:02:05.479> cabinet<00:02:06.320> we're efficiency and finance cabinet we're efficiency
  • and finance cabinet we're over<00:02:06.759> the<00:02:06.880> division<00:02:07.159><
  • Again, we're competing against a construction industry that is extremely busy right now, and that's tough
Summary: The Budget Review Subcommittee on Personnel, Public Retirement, and Finance, and Administrative Cabinet met for an informational update, with the new chair noting the committee does not vote on issues and is mainly reviewing implementation of budgeted items. The main presentation came from Scott Baker of the Finance Cabinet’s Office of Facility Development and Efficiency, who explained how the office has shifted experienced staff to lead Department of Parks projects and hired new staff to be trained into project management roles. He said the office is managing 146 ongoing parks projects and has moved from weekly to biweekly meetings as work has progressed. Baker said the budgeted staffing changes were intended to speed project delivery while maintaining expertise, since state project management also requires knowledge of procurement law and other Commonwealth-specific rules. He described the workload as heavy, with 15 project managers handling 1,149 active projects, including one western Kentucky manager overseeing 127 projects, and said the office is trying to add more staff and create new positions to improve recruiting. Members asked about staffing levels and workload, and Baker said the office is not overstaffed but is competing with a strong construction industry for talent. Committee members praised the office’s work on parks projects, noting campground and infrastructure needs at places like Lake Barkley and emphasizing prudent use of the large capital budgets approved in recent years. No votes were taken because the subcommittee lacked a quorum, as some members were in other committee meetings. The chair said the committee would continue to meet during session and interim periods and adjourned the meeting after the update.
CA
Transcript Highlights:
  • Conversions are often more costly than ground-up construction due to the need for structural upgrades
  • to the... ...and more costly than ground-up construction due to the need for structural upgrades, changes
  • Specifically, the bill would allow cities to create a downtown recovery district that will help finance
  • Specifically, the bill would allow cities to create a downtown recovery district that will help finance
  • There's no funding mechanism for people to go to a private or public bank to finance rehabilitation.
Summary: The Assembly Housing and Community Development Committee heard four items, including one consent bill, and began before quorum was established. AB 760, by Assemblymember Ta, would temporarily allow mobile home park-owned homes to be rented to people displaced by a natural disaster in areas under a declared state of emergency, including adjacent jurisdictions. Supporters said it would quickly add housing after fires, floods, or earthquakes; there was no opposition at the hearing, and members generally praised the narrow committee amendments. The bill later passed on a due-pass-as-amended vote. Chair Haney presented AB 1445, which would let cities create downtown recovery districts to finance office-to-housing conversions and other downtown revitalization projects using growth in property tax revenue. Support came from the California Travel Association, Housing Action Coalition, IKEA, Spur, Abundant Housing, and Circulate San Diego, with members saying the bill could help downtowns recover and expand mixed-use housing. The committee voiced support and interest in broader use of the tool, and the bill was approved on a due-pass-as-amended vote. AB 456, by Assemblymember Connolly, drew the most extensive debate. The bill would prohibit mobile home park managers from requiring interior repairs or improvements as a condition of sale and would require timely written lists of exterior repairs, with supporters arguing that park managers are interfering with sales and delaying closings. Opponents, led by the Western Manufactured Housing Communities Association, argued that interior inspections are needed to protect buyers and park residents from unsafe conditions and potential liability. Members raised questions about safety, disclosure, HCD oversight, and liability; after discussion, the bill was moved on a due-pass-as-amended vote, with some members not voting or expressing reservations. The committee also approved the consent calendar.
VT

Vermont 2025-2026 Regular Session

House Session - 2026-05-14 - 1:00PM

Vermont House Floor Meeting

Transcript Highlights:
  • commercial financing. commercial financing.
  • :29.600> to<00:21:29.840> be The commercial financing proposed to be The commercial financing
  • finance licensing program. finance licensing program.
  • , the finance charge, annual percentage rate, and other essential terms.
  • talking about arcane nerdy construction talking about arcane nerdy construction techniques,<01:04
Keywords: 926, house, all
Summary: The House opened with a devotional reading by Theo Novak, a student and Vermont Poetry Out Loud finalist, followed by several announcements, including a welcome for the guest speaker and a reminder about a freshman legislator gathering and the day’s corporate cup road closures. The House then postponed action for one legislative day on Senate Bill 208, relating to law enforcement identification; Senate Bill 212, relating to portable water supply and wastewater system connections; and House Bill 639, relating to genetic data privacy. The main floor action centered on House Bill 648, banking, insurance, and securities. The Commerce and Economic Development Committee presented Senate amendments and its own further amendments, including clarifications to consumer reinvestment reporting and a proposal to extend and then effectively end the moratorium on new cryptocurrency kiosks in Vermont. The committee described extensive testimony and data on crypto kiosk fraud, money laundering, and consumer losses, and also added a new licensing framework for merchant cash advance providers. Ways and Means reported the fiscal impact would be very small. After a brief question about the $1 million exemption threshold for commercial financing, the House concurred in the Senate proposal of amendment with further amendment thereto. The House also passed Senate Bill 243, distributing funds to the Vermont Language Justice Project, in concurrence with proposal of amendment. It then took up Senate Bill 198, regulating tobacco products and tobacco substitutes. The Commerce and Economic Development Committee described updates to the definition of tobacco substitutes, creation of a wholesale licensing system under the Department of Liquor and Lottery, tighter controls on online sales, and bans on deceptive products that resemble school supplies, food, smartphones, inhalers, or video games. The committee heard testimony from health, enforcement, industry, and advocacy witnesses and voted 11-0 in favor. Human Services then proposed a strike-all amendment to the committee report, with further consideration to continue.
NH
Transcript Highlights:
  • <01:19:02.960> of<01:19:03.199> a design, and construction of a design, and construction
  • SB122 in 2023, the Senate Finance SB122 in 2023, the Senate Finance Committee<01:21:46.159> saw
  • 41.760> if As a construction professional, if As a construction professional, if you're<01:49:
  • water management on large construction water management on large construction sites.<03:18:28.319
  • These are the large construction sites.
Keywords: 928, house, all
Summary: The committee heard testimony on SB 27FN, which would change how improvements to dwellings over water are handled and align those projects more closely with the state building code. The bill was presented by Trisha Milo on behalf of Senator Lang, and attorney John Cronin explained that it arose from a specific New Hampshire Supreme Court case involving the Newcombs’ lakeside property, but that it could affect a small number of older waterfront homes statewide. He said the intent was to give the Department of Environmental Services (DES) limited waiver authority for improvements that do not harm water quality, plant life, or fish, while still requiring DES review and local permits. Committee members asked several questions about the scope of the bill, including whether it was tied to one case, how many properties might be affected, what counts as “living space,” and whether the language could allow larger decks or other expansions. Cronin said the bill was meant to be narrow, focused on access and egress and not on creating new living space, and that DES would still be able to deny unreasonable requests. He also described the Newcombs’ project as a rehabilitation of an older structure that had been approved locally and later challenged by DES, leading to the current dispute. Darlene Forst, the Wetlands Bureau administrator at DES, testified in opposition. She said the department was surprised the bill was being heard because it believed the Senate had sent it to interim study, and she argued the language was unclear and could have broader statewide effects than intended. Forst also said the underlying case was still active and should not be effectively re-litigated through this bill. No vote or final committee action was taken during the portion of the hearing provided.
CA

California 2025-2026 Regular Session

Assembly Floor Session Jun 25th, 2026

California House Floor Meeting

Transcript Highlights:
  • Assembly Constitutional Amendment 20 by Assembly Member Gabriel and others in the State Finance.
  • Assembly Constitutional Amendment 20 by Assembly Member Gabriel and others in the State Finance.
  • If you have other beliefs about your finances, you know that this is the wise thing to do.
  • One is that the Rainy Day Fund is not a construct of the Legislature.
  • It's a construct of the voters.
Summary: The Assembly convened after a quorum call, prayer, and Pledge of Allegiance, then handled a series of procedural motions to re-refer bills, suspend rules, and remove items from the consent calendar. The chamber also heard guest introductions recognizing family milestones, a youth leadership program from Assembly District 13, a delegation of Japanese business leaders, and a Michoacan delegation. Later, members adopted several resolutions and consent items, including California Craft Beer Week, the Freedom Flag as a 9/11 remembrance symbol, Probation Services Week, and California Wildfire Week, along with other consent-calendar measures. The main floor debate centered on SB 417, a $10 billion housing bond for the ballot, with supporters emphasizing the state’s housing shortage, homelessness crisis, and funding for multifamily housing, supportive housing, homeownership, farmworker housing, student housing, tribal housing, infrastructure, and preservation of existing affordable units. Opponents criticized the proposal as adding debt without enough reform and objected to the use of veterans in the measure’s messaging. The Assembly passed SB 417 on urgency and on the measure, 54-7, and sent it to the Senate. Members then adopted ACA 20, which would expand and modernize the state Rainy Day Fund by increasing its cap and changing deposit rules; it passed 54-8 and was transmitted to the Senate. The Assembly also approved SB 623, a transportation-related bill addressing rideshare safety and medical lien practices. Supporters said it would curb abusive billing, restrict attorney conflicts and kickbacks, require stronger background checks for TNC drivers, and allow women riders and drivers to request women-only matches. The measure passed unanimously, 67-0. Later, the House adopted ACA 21, which removes ACA 13 from the November ballot, by 62-0, and ACA 22, which amends a ballot measure affecting taxation and local fiscal resources, by 64-0. The session concluded with an adjournment in memory of Dr. Dorothy Viola Calvin, followed by announcements, recesses, and final adjournment until the next scheduled floor session.
HI

Hawaii 2026 Regular Session

EEP-TOU Joint Public Hearing - Thu Feb 12, 2026 @ 9:30 AM HST

Energy & Environmental Protection

Transcript Highlights:
  • direct directly to the finance direct directly to the finance committees<00:35:02.800> kind
  • But for finance and wham committees.
  • ,<00:57:50.079> economics, accounting, finance, economics, accounting, finance, economics,
  • all new state building construction all new state building construction [cough]<01:36:32.239>
  • construction projects if they have it. construction projects if they have it.
Bills: HB1617
Summary: The committees heard testimony on HB 1949, which would create a public dashboard for the green fee to improve transparency and accountability. Testimony from the Climate Change Mitigation and Adaptation Commission, the Office of Planning and Sustainable Development, and many community and conservation groups was generally supportive, with several speakers urging that the governor’s project recommendations remain largely intact and that community-driven projects continue to guide spending. One amendment was suggested to place the dashboard at the Department of Budget and Finance for fiscal expertise, while other testimony favored keeping it with the commission. Members asked about procurement, ETS involvement, recurring hosting costs, and whether the dashboard could be funded from green fee revenues; the commission said it could work with ETS and that green fee funds could reasonably be used. The committees then voted to pass HB 1949 with amendments. The committees also heard HB 2618, which would require the governor to submit a separate bill for amounts tied to any increase in the transient accommodations tax and, in later discussion, was expanded into a broader restructuring of future green fee allocations. Testimony from the Climate Change Mitigation and Adaptation Commission, Hawaii Reef and Ocean Coalition, and others supported the bill and emphasized the value of more predictable, dedicated funding for conservation and climate-related work. During decision-making, the chair described amendments creating several special funds under DLNR, including a watershed biodiversity and wildfire risk reduction fund, an aquatic resources conservation fund, a coastal restoration fund, a cesspool conversion revolving loan fund, and a green fee special fund for remaining revenues, with recommended amounts discussed for some of the funds. The committees voted to pass HB 2618 with amendments. The hearing then moved to HB 1644, a consumer protection measure for residential solar sales that would require compliance with consumer protection laws, licensing or contractor affiliation for sellers, and a standardized disclosure form. Testimony in support came from the Hawaii Green Infrastructure Authority, DCCA’s Office of Consumer Protection, Kauai Island Utility Cooperative, the Hawaii Solar Energy Association, and several solar companies and individuals. Supporters said the bill would address complaints about third-party sales practices and improve disclosure, especially around financing. The committee then began hearing HB 2243, which would require electric utilities to provide public, electronic customer bill impact analyses and annual reports to the Public Utilities Commission; the Division of Consumer Advocacy and the PUC offered comments supporting the measure’s intent.
TX

Texas 89th Regular

Natural Resources Mar 5th, 2025

Natural Resources

Transcript Highlights:
  • We finance water projects and infrastructure. Texas. planning process.
  • So number one, long-term sustainable financing. This won't result... in a stand-alone bill per se.
  • Senate finance, state leadership, and key members to secure additional resources.
  • I know for those of us that are in construction, I am.
  • So that's something that I think in construction as a whole, all of us.
Keywords: 1184, house, all
FL

Florida 2025 Regular Session

Finance and Tax Feb 5th, 2025

Transcript Highlights:
  • >> GOOD AFTERNOON THE COMMITTEE ON FINANCE AND TAX WILL NOW COME TO ORDER.
  • OFFICE OF THE GOVERNOR FOR EIGHT YEARS SERVING MOST RECENTLY AS THE DEPUTY POLICY COORDINATOR FOR THE FINANCE
  • CONSIDER TOURISTS THAT COME TO THE STATE AS PART OF THE FLORIDA ECONOMIC CONFERENCE AS WELL AS CONSTRUCTION
  • AND HOUSING CONSTRUCTION PERMITS AND EXPENDITURES AND AUTOMOBILE SALES AND SO ON.
  • CERTAINLY THREE BODILY PUBLIC POLICY AND DECISIONS THAT HAVE BEEN MADE ON BUDGET IN ECONOMICS AND FINANCE
Keywords: 999, senate, all
NM

New Mexico 2025 Regular Session

House - Chamber Meeting Mar 19th, 2025

Transcript Highlights:
  • Speaker, your Appropriations and Finance Committee has been referred.
  • Speaker, your Appropriations and Finance Committee has been referred.
  • Speaker, your Appropriations and Finance Committee has been referred Senate Bill 45.
  • Speaker, your Appropriations and Finance Committee has been referred Senate Bill 48.
  • Or designing and constructing this versus just building it. And so, Mr.
TX

Texas 89th Regular

Pensions, Investments & Financial Services May 19th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • I'd also point out, I mean, part of the original construction is HVAC and roofs, and those aren't going
  • Percent overage into a bond, knowing that there are reasons for that—inflation, construction costs, deviations
  • So it's not just construction costs and things like that, but it's also sometimes the board changes the
  • We've seen fit to do that for our personal finances, and for folks wanting to buy a home, it makes sense
  • But if you're trying to get a quick rough estimate of the finance cost... ...associated with a given
Bills: SB414, SB621, SB2395
HI

Hawaii 2025 Regular Session

HLT Info Briefing - Wed Feb 19, 2025 @ 10:00 AM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • DAS accepted the construction on behalf of the state. Okay. So, unlike Rep.
  • we we did engage a uh a construction we we did engage a uh a construction<01:03:21.680> management
  • <01:03:30.240> management and this on-site construction management and this on-site construction
  • No, we had a separate budget for the construction management consultant.
  • The bond on the project is 100% of the construction value.
Keywords: 910, house, all
Summary: The committee held an informational briefing on construction defects and operational problems at the newly opened Hawaii State Hospital Halola building, a $160 million facility with 144 beds for forensic patients. Department of Health and DAGS officials described ongoing issues identified before and after occupancy in April 2022, including anti-ligature safety defects, roof and building-envelope leaks, drainage problems, plumbing failures, HVAC corrosion and moisture-control issues, mold, and corroding materials. They said the problems have affected patient areas, showers, hallways, the gym, and other parts of the building, creating daily operational and safety challenges for staff and patients. Officials said the state believes the defects are the responsibility of the design-builder, Hensel Phelps, but that they are working with the company and its subcontractors to address the problems while preserving the state’s legal position. The Attorney General’s office said it is conducting an inquiry and asked agencies to limit comments to factual matters. Witnesses explained that some defects appear to be latent and that repairs are being documented through photos, invoices, and testimony. They also said some work is being done by Hensel Phelps and some by other contractors, with efforts to preserve evidence for possible future claims. Committee members questioned how the defects were missed during design-build inspection, whether the state should pursue litigation sooner, and how evidence would be preserved if outside contractors make repairs. Officials said the state has two funding requests pending: about $8 million for emergency repairs and about $28.8 million for longer-term repairs, for a total near $40 million, while noting that additional defects may still be discovered. No votes were taken; the meeting was informational only.
ND
Transcript Highlights:
  • We have McCarthy Construction on site.
  • The space in its entirety is fully encapsulated by the construction team.
  • Finances to date are...
  • A&E fees right now of $564,000, and construction costs of $258,000.
  • Construction to show you that vantage point.
Summary: The committee met with a quorum, approved the March 18 minutes, and then received a series of updates on major health-related projects and programs. CHI St. Alexius representatives reported progress on behavioral health buildouts in Bismarck, Williston, and Grand Forks, including demolition and construction milestones, staffing plans, and timelines. The Bismarck project remains on track for completion in June 2027 with about $346,500 spent to date. Williston reported construction underway, a $750,000 unbudgeted air handler replacement, active recruitment for psychiatrists and other staff, and a projected substantial completion in early 2027. Grand Forks reported about 30% completion, weather-tight status expected in August, and continued staffing ramp-up as the facility expands from its current 24-bed operation. The Department of Health and Human Services then reviewed a set of technical line-item transfers, emphasizing that they were administrative corrections with no net change in funding. The department also walked through the Salaries and Wages Block Grant and FTE counts, noting overall staffing remained within appropriated limits and that behavioral health staffing had increased. Members asked about vacancies, consultant use, and the mix of in-state versus out-of-state expertise for the Rural Health Transformation Program. HHS said it had posted 12 funding opportunities, received 422 applications, obligated $8.4 million so far, hired 26 people, and was preparing additional grant rounds and a CMS budget submission. The department said the program is structured around workforce, prevention/healthy living, care closer to home, and technology/data, with ongoing stakeholder engagement and community forums. The committee also heard on the certified community behavioral health clinic implementation plan, SNAP payment error rates, and the state laboratory project. HHS said CCBHC certification is being implemented in four regions—Williston, Minot/North Central, Fargo/Southeast, and Dickinson/Badlands—with care coordination expanding and baseline data still being collected. On SNAP, the department reported a 2025 payment error rate of 9.89%, acknowledged cost impacts under HR1, and said it is using training, system changes, and pre-authorization quality checks to reduce errors toward a 6% target over the next 6 to 12 months. Finally, Public Health reported the state laboratory reached substantial completion on June 12, with total costs at $69.95 million of the $70 million budget, though a service elevator issue will require a new lift to be added using contingency funds.
KY

Kentucky 2026 Regular Session

Senate Standing Committee on Natural Resources & Energy. (2-11-26)

Natural Resources & Energy

Transcript Highlights:
  • permits or combined license construction permits or combined license from<00:08:05.919> the<00
  • permit, and then they have a certain number of years to actually start construction.
  • and there can be start construction and there can be extensions<00:33:35.519> on<00:33:35.679
  • These represent costs incurred even before the construction and operation costs.
  • projects that may never financing projects that may never deliver<00:36:16.880> service.
Summary: The committee first handled routine business, including a prayer, the pledge, recognition of an Energy and Environment Cabinet leadership academy group, a roll call establishing quorum, and approval of the previous meeting’s minutes. The main item was Senator Danny Carroll’s presentation of legislation to create a nuclear-ready site readiness pilot program in Kentucky. He said the bill is intended to help build a nuclear ecosystem in the Commonwealth by supporting early site permits, construction permits, or combined licenses, with the state contributing up to $25 million per project and a total of $75 million for up to three projects. He emphasized safeguards such as refundable funding if conditions are not met, legislative rather than authority-only selection of projects, and oversight by the Kentucky Nuclear Energy Development Authority (NIDTA). He also described related provisions on cost recovery through the Public Service Commission, tax incentive eligibility for nuclear ecosystem projects, training and consultant support for the authority, and eligibility for fusion projects. Carroll and Rodney Andrews said the proposal is meant to attract utilities, developers, and large industrial users such as data centers, and to spread projects geographically, with particular attention to Eastern Kentucky and other rural areas. They said selection criteria would include site suitability, prior site use, regional economic need and impact, geographic diversity, additional investment, federal funding status, and whether a community has applied to be designated nuclear-ready. They stressed that communities would not be forced to host reactors and could choose which parts of the nuclear ecosystem to participate in. Carroll also said the bill could help Kentucky compete with states like Texas and Tennessee, and Andrews said industry contacts viewed the proposal as a signal that Kentucky is open to investment. Members generally expressed support for the bill and its goals, while asking about taxpayer exposure, site size, permitting, grid needs, national security, and reactor technology. Carroll said the state’s direct commitment would be capped at $75 million, with any additional cost recovery depending on PSC approval and project specifics. He said small modular reactor sites would be much smaller than traditional plants, and described a model in which a utility partners with a developer and a data center, with power contracts helping offset costs over decades. On security and technology, Carroll and Andrews said newer reactors would still be subject to the same standards as larger units, and Andrews explained that next-generation designs may use different fuels and materials such as TRISO and high-assay low-enriched uranium. No vote on the bill was taken in the portion provided, and the chair noted time limits and that additional members still had questions, including one witness expected to speak against the measure.
NM

New Mexico 2026 Regular Session

House - Chamber Meeting Feb 12th, 2026 at 04:58 pm

New Mexico House Floor Meeting

Transcript Highlights:
  • Senate Finance Committee substitute for Senate Bill 152.
  • Senate Finance Committee substitute for Senate Bill 152.
  • Senate Finance Committee substitute for Senate Bill 152.
  • House Appropriations and Finance Committee.
  • Your House Appropriations and Finance Committee dinner is tonight at 6:00 p.m. at a secret place.