Video & Transcript Research : 'Boot Capital'

Page 95 of 407
WA

Washington 2025-2026 Regular Session

House Transportation Dec 4th, 2025

Transcript Highlights:
  • Ferries' capital spending comes, for one, out of two state ferry-specific accounts, two capital-specific
  • accounts: the Puget Sound Capital Construction Account, PSCCA, and the Capital Vessel Replacement Account
  • Ferry's capital spending comes, for one, out of two state fairy-specific accounts, two capital-specific
  • Sound Capital Construction account, P.S.C.C.A and the capital vessel replacement account that was set
  • Ferries Capital Program averages $122 million.
Summary: The committee received a detailed staff presentation on Washington State Ferries’ capital needs, current fleet status, and long-range funding outlook. Staff described the current service pattern, ridership recovery since the pandemic, the aging fleet, and the state’s plan to add three new hybrid-electric Olympic-class vessels under the 2025 budget, with delivery expected around 2030-2032. Members also heard that the fleet is operating with no reserve vessel, that preservation time is below the desired level, and that terminal electrification and vessel conversion plans face timing, cost, and procurement risks. Questions focused on ridership trends, biofuel supply, design-risk allocation in vessel contracts, sequencing of terminal electrification with new vessel delivery, and the cost and feasibility of restoring international Sidney service, which would require a SOLAS-certified vessel. Staff then outlined ferry capital funding, saying recent spending and programmed needs are far above regular ferry-specific revenues and that the system relies on a mix of dedicated accounts, transportation package money, federal grants, and transfers. They said the near-term budget is balanced through 2027-29, but the longer-term capital outlook shows a shortfall of roughly $250 million to $300 million per biennium, with broader unmet needs much higher. The presentation estimated costs for future vessels, life extensions, terminal electrification, and additional Jumbo Mark II conversions, and noted that the current enacted plan does not fully fund fleet replacement, full electrification, or life extension of older vessels. Members asked for follow-up information on terminal seismic/environmental issues, contract options for additional vessels, and the timing and cost of alternative vessel designs. The committee then shifted to WSDOT maintenance and preservation. Pascoe Focktich described maintenance operations, including winter response, guardrail repair, facilities, equipment, and the effects of underfunding and inflation. He said most of the maintenance budget is fixed cost and labor, that material prices have risen sharply, and that many facilities are in poor condition with asbestos issues and deferred upkeep. He also noted growing guardrail damage, increasing pavement claims, and the burden of maintaining aging bridges and facilities. Members asked about prior planning for these needs, the role of asbestos, and whether more proactive sequencing could help budget decisions. Troy Suing then presented the highway preservation program, saying WSDOT is in the early stages of critical failure and has stretched preservation dollars as far as possible. He explained the distinction between pavement, bridge, and other highway asset preservation, said the department is largely reactive, and estimated that delaying work can make it three to five times more expensive later. He said about 40% of roadways are currently due or overdue for preservation, bridge conditions are nearing the federal poor-bridge threshold, and the department’s 10-year preservation need is about $8 billion. Members asked about the cost of deferring work, whether the department could do more if funded, how priorities are set, and whether other states face similar problems. Finally, Evan Grimm and Mike Fay briefed the committee on bridge strikes by overheight vehicles. They described recent incidents on I-90 near Cle Elum and SR 410 near White River, the damage and closures caused, and possible countermeasures such as public outreach, improved trip-planning tools, and a pilot warning system with sensors and flashing beacons. Fay explained the state’s financial recovery process for third-party damage, saying WSDOT recovers roughly $20 million per biennium and about 78% to 80% of billed damages, with money going to the motor vehicle fund. Members asked about prevention, insurance recovery, and whether the state uses claim data to inform future design or safety changes.
HI

Hawaii 2025 Regular Session

HED Public Hearing - Fri Mar 14, 2025 @ 2:00 PM HST

Higher Education

Transcript Highlights:
  • After approval, the university needs to get approval from the Board of Regents for the capital program
  • After approval, the university needs to get approval from the Board of Regents for the capital program
  • <00:33:04.760> program<00:33:05.200> for<00:33:05.440> that for the capital
  • program for that for the capital program for that upcoming<00:33:06.279> year<00:33:06.799>
  • any monies appropriated for capital any monies appropriated for capital projects<00:33:10.799>
Keywords: 910, house, all
Summary: The House Committee on Higher Education met on March 14, 2025, and heard five University of Hawaii-related bills. SB 741 would create an external audit committee for the UH system and Board of Regents; UH and UHPA opposed it, saying existing internal and external audits already provide robust oversight, and the committee later recommended deferring the bill indefinitely as duplicative. SB 1252 SD2 would create a dementia training program for health care providers; the Alzheimer’s Association and other supporters said broader training is needed across the care workforce, while the university discussed using JABSOM as a coordinator. The committee deferred the bill to March 19 for an HD1 reflecting JABSOM’s suggestions and removing the appropriations/FTE language. SB 1502 SD1 would fund faculty positions, student programs, and facilities at UH Manoa and West Oahu for defense-sector workforce development. UH and Chamber of Commerce Hawaii supported the measure, describing a pipeline for students into intelligence, cybersecurity, and related fields, while one individual opposed it as too closely tied to military contracting and urged investment in other sectors instead. The committee amended the bill to remove FTE references and advanced it; the vote to pass with amendments was adopted, with several members voting aye and some excused. SB 1530 would require performance-based allocation of UH general funds and efficiency reporting. UH and the Attorney General’s office raised concerns, saying the bill’s metrics would apply across the entire general fund budget and were not practical as drafted; the committee also noted opposition from the Budget and Finance Department and individuals. SB 1624 SD1 would restrict RIM funds to renewing, improving, or modernizing existing facilities and require annual reports. UH opposed the bill and explained that RIM is a lump-sum approach used to address deferred maintenance and capital needs, with Board of Regents approval and quarterly reporting already in place; the Attorney General suggested constitutional amendments. The transcript ends during discussion of SB 1624, with no final action shown in the excerpt.
MN

Minnesota 2025-2026 Regular Session

House Public Safety Finance and Policy Committee 4/15/26

Public Safety Finance and Policy

Transcript Highlights:
  • <00:04:41.360> budgeting municipal and state capital budgeting municipal and state capital
  • operations, maintenance, and capital operations, maintenance, and capital replacement.<00:04:57.840
  • and capital security. and capital security.
  • capital uh grounds in that area. capital uh grounds in that area.
  • the national capital. the national capital. Thank<01:04:18.240> you. Thank you.
MN

Minnesota 2025-2026 Regular Session

Committee on Judiciary and Public Safety - Part 2 - 03/13/26

Judiciary and Public Safety

Transcript Highlights:
  • They allow capital carry. Iowa allows capital carry. South Dakota allows capital carry.
  • They allow capital carry. Iowa allows capital carry. South Dakota allows capital carry.
  • They allow capital carry. Iowa allows capital carry. South Dakota allows capital carry.
  • They allow capital carry. Iowa allows capital carry. South Dakota allows capital carry.
  • They allow capital carry. Iowa allows capital carry. South Dakota allows capital carry.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

After Budgets Comes Bonding: Explaining the Supplemental Budget Session Mar 6th, 2026

Minnesota Senate Floor Meeting

Transcript Highlights:
  • <00:02:59.680> Think on the capital investment bill.
  • Think on the capital investment bill.
  • And most capital investment dollars.
  • c> >> The Senate's capital investment >> The Senate's capital investment committee<00:03:
  • "While the governor has been a capital "While the governor has been a capital investment<00:03:26.239
Keywords: 1187, senate, all
NY
Transcript Highlights:
  • And providing $10 billion for SUNY's five-year capital plan and $7.8 billion for CUNY's five-year capital
  • AND PROVIDING 10 BILLION FOR SUNY'S FIVE-YEAR CAPITAL PLAN AND 7.8 BILLION FOR CUNY'S FIVE-YEAR CAPITAL
  • Finally, Chair Stavisky mentioned the capital plan.
  • Finally, Chair Stavisky mentioned the capital plan.
  • SUNY IS THE ONLY AGENCY THAT DOESN'T HAVE A FIVE-YEAR CAPITAL PLAN.
Keywords: 993, senate, all
Summary: The Higher Education Conference Committee met to discuss budget priorities for SUNY, CUNY, community colleges, TAP, student aid, and capital funding. Chair Toby Ann Stavisky emphasized the need for increased operating and capital support, protection against enrollment-based funding losses, no tuition increases, a review of TAP because it has not kept pace with living costs, and action on student loan access and research funding cuts. Assembly Chair Alicia Hyndman outlined the Assembly’s higher education proposal, including $475.7 million to expand TAP eligibility, raising income thresholds for TAP and the Excelsior Scholarship, creating a graduate tuition assistance program, adding community college operating aid, expanding the Opportunity Promise Scholarship, forgiving SUNY hospital debt service, increasing CUNY operating support, restoring opportunity program funding, creating a $110 million student loan support program called New York Rises, and funding five-year capital plans for SUNY and CUNY plus additional ECAP grants. Members broadly supported making higher education more affordable and accessible, while highlighting district-specific needs. Senator May praised SUNY Reconnect, community college workforce programs, hospital debt service relief, and a five-year SUNY capital plan. Senator Gonzalez framed the budget as an investment in economic mobility. Senator Griffo supported affordability, operating and capital aid, and additional support for medical schools and hospitals. Assembly Members Walker, Colton, and Fall backed TAP expansion, opportunity programs, disability supports, SUNY Downstate’s transformation, and capital needs at CUNY and SUNY campuses. Assembly Member Smullen, speaking for the minority conference, urged a five-way budget process, said TAP has not kept pace with inflation, and called for a more stable long-term funding model for community colleges. He also stressed aligning higher education with workforce needs. Assembly Member Pirozzolo pointed to the College of Staten Island as an example of the benefits of investment and warned that employers recruiting students directly from high school could weaken higher education unless colleges continue strengthening trade and career training. The meeting ended with no vote on the budget items, and the chairs adjourned the conference committee after concluding remarks.
MN

Minnesota 2025-2026 Regular Session

House lawmakers advance bill to boost spending on Capitol security 4/27/26

Minnesota House Floor Meeting

Transcript Highlights:
  • :49.519> screening capital grounds will have screening capital grounds will have screening continue
  • <00:03:35.920> grounds security outside of the capital grounds security outside of the capital
  • safety when we're on the capital safety when we're on the capital grounds.<00:04:03.360> And<
  • , the United States capital, the United States capital, there<00:09:59.760> are<00:10:00.240
  • Uh my question here at the capital.
Keywords: 919, house, all
Summary: The committee took up House File 3230, a security package combining several bills related to political and Capitol security. Members first adopted the DE6 amendment, described as reflecting the negotiated allocation and appropriations language, and then heard Chair Mullen explain that the bill covers judicial security and courthouse grants, continued Capitol grounds screening, hardware and hardening improvements, legislative services home security, temporary local law enforcement support for credible threats, a new task force, funding for the BCA threat assessment team, and DPS deficiency funding tied to recent events. Discussion focused largely on the balance between security and public access. Representative West objected to the Capitol screening and metal detectors, arguing the Capitol is the “people’s house” and questioning the cost and fairness of the measures; he also asked whether the bill changed who controls Capitol security. In response, members said the scanners were not created by this bill but were already decided by the governor and security commission, and that the bill includes a provision clarifying the chain of command and training responsibilities. Other members supported the package as a necessary response to political violence and threats, emphasizing protection for lawmakers, staff, visitors, and the public. After discussion, the committee renewed the motion to place House File 3230, as amended, on the general register. The motion passed without opposition.
FL

Florida 2026 Regular Session

Transportation Dec 2nd, 2025

Transportation

Transcript Highlights:
  • They are the ones who build their own capital plan.
  • And so we're continuously updating all of our capital plans for...
  • As far as our capital...
  • As far as our capital program, just recently this summer, our board approved a five-year capital improvement
  • That helps you build a logical capital improvement program.
Summary: The Transportation Committee met to consider two bills and then held a lengthy discussion on Florida airport infrastructure. SB 246, presented by Senator Rodriguez on behalf of Senator Gruters, would authorize a UFC specialty license plate, with proceeds supporting the UFC Foundation’s charitable work. A UFC Foundation representative described community beneficiaries and said the plate would help raise funds for local charities. With no questions or debate, the committee voted SB 246 favorably. The committee also took up SPB 7012, a Department of Highway Safety and Motor Vehicles public-records exemption bill that would remove the October 1, 2026 repeal date for certain active investigatory records. Senator Avila moved to submit it as a committee bill, there was no objection, and it was reported favorably as a committee bill. The remainder of the meeting focused on the Comprehensive Airport Infrastructure Program. FDOT Secretary Jared Perdue outlined Florida’s aviation system, the department’s airport funding programs, and the state’s role as a financial partner in safety, capacity, preservation, and economic development projects. He said Florida has 128 public-use airports, 21 commercial-service airports, and four large-hub airports, and noted that airport funding is largely supported by gas-tax-related revenues, with additional support from documentary stamp revenue and other fees. He also discussed the new airport infrastructure planning requirements created last session and said all required airports had submitted plans. Committee members asked about the loss of aviation fuel tax revenue, workforce development, project timelines, and how FDOT prioritizes funding, with Perdue emphasizing safety, preservation, capacity, economic return, and matching funds. A panel from Miami, Orlando, Fort Lauderdale, and Tampa international airports then described major capital programs, passenger growth, and funding needs. The airports highlighted terminal expansions, parking, baggage systems, airfield rehabilitation, people movers, and other modernization projects, along with the importance of maintaining aging facilities while accommodating growth. They said FDOT and FAA grants are helpful but increasingly insufficient for runway and taxiway costs, and several panelists said passenger facility charges and other revenue tools are important to future self-sufficiency. Members also asked about workforce shortages, small-business participation, landing-fee negotiations, and non-aeronautical revenue. The panel said workforce challenges are most acute in trades and maintenance, small-business programs are active at each airport, and landing fees are negotiated with airlines to keep airports competitive while funding needed improvements.
KY
Transcript Highlights:
  • million dollars report to the Capital million dollars report to the Capital Projects<00:04:07.920
  • <00:07:21.640> $318 authorize capital projects totaling $318 authorize capital projects totaling
  • In the Treasury, we authorize capital In the Treasury, we authorize capital projects<00:08:55.720
  • authorize a maintenance pool capital authorize a maintenance pool capital project<00:14:52.400><
  • <00:26:47.400> projects we authorize the capital projects we authorize the capital projects
Summary: The Kentucky Senate Appropriations and Revenue Committee met with a quorum and first took up House Bill 503, the legislative branch budget, adopting a committee substitute and reporting it favorably. The chair said the Senate version fully funds defined calculations, provides 2% raises in each fiscal year for legislative employees, removes a paragraph on operating expense reductions, and includes $1 million in the first year for a judicial branch salary study. House Bill 504, the judicial branch budget, was then amended and reported favorably; changes included 2% annual raises for judicial employees, revised operating expense language, $1 million each year for county current services, retention of Boyle County fit-up language, reporting requirements for smaller capital projects, full funding for nine judges added in 2022, and removal of furlough prohibitions and certain budget implementation language. Both bills passed the committee unanimously with favorable expressions to the floor. The committee then considered House Bill 500, the executive branch budget, adopting a committee substitute before hearing a lengthy summary of major spending and policy changes. The chair described statewide 2% annual employee raises, agency base reductions with many exemptions, increased school safety and 911 funding, veterans and military funding, local government and severance-related changes, attorney general and auditor funding, pension and retirement system support, education funding changes including SEEK, postsecondary and scholarship provisions, public safety and corrections funding, and multiple capital projects. The chair also highlighted Medicaid-related provisions, including added waiver slots, increased state-directed payments, a 2.5% reduction in managed care vendor payments for plan years 2027 and 2028 with savings redirected to fee-for-service rates, and additional funding for behavioral health and public health programs. The bill was reported favorably after members explained their votes, with several noting they had only recently received the full 228-page bill and wanted more time for detailed review. Finally, the committee adopted a committee substitute for House Bill 900, an appropriation measure for government agencies, and reported it favorably. The chair said the bill remains a work in progress and that one-time funding requests from across the Commonwealth and across party lines would continue to be addressed as the process moves forward. All measures considered during the meeting passed the committee with unanimous or near-unanimous favorable votes, and the meeting adjourned after no further business.
MN

Minnesota 2025 1st Special Session

Committee on Energy, Utilities, Environment and Climate - 03/03/25

Energy, Utilities, Environment, and Climate

Transcript Highlights:
  • otherwise have access to the capital otherwise have access to the capital required<00:13:45.880>
  • <00:47:43.440> streams that have much larger Capital streams that have much larger Capital
  • Every loan will have a different capital stack, with different funding sources in the capital stack.
  • It's not that every loan is going to have grant capital in their loan.
  • different funding sources in the capital different funding sources in the capital stack<00:58:16.640
Keywords: 1187, senate, all
NH

New Hampshire 2026 Regular Session

Senate Capital Budget (01/21/2026)

Capital Budget

Transcript Highlights:
  • Senate Bill 497 corrects an oversight in House Bill 25 of 2025, the capital budget.
  • <00:09:20.959> Please >> Welcome to Capital Budget.
  • Um in House Bill 25, the capital budget.
  • funded by repurposing prior capital funded by repurposing prior capital appropriations<00:10:20.079
  • boilerplate language in every capital boilerplate language in every capital budget<00:10:27.200>
Keywords: 1191, senate, all
CA
Transcript Highlights:
  • Or surges in capital gains revenues and put those into reserve.
  • So the state will tally up all of its capital gains revenues and compare that.
  • Vibrating on the complexity of the formula used for the capital gains.
  • It's slightly more excess capital gains.
  • I think our estimate is that it's 65% excess capital gains. 35% base amount.
Keywords: 988, house, all
KY
Transcript Highlights:
  • > committee The capital project scoring committee The capital project scoring committee included
  • key criteria we use to evaluate capital key criteria we use to evaluate capital projects.<00:06:
  • For today's capital plan Okay.
  • <00:41:35.280> Museum, capital, the Military History Museum, capital, the Military History
  • cabinet's capital projects to you today. cabinet's capital projects to you today.
Summary: The Capital Planning Advisory Board met with a quorum, approved the May 21 minutes, and welcomed a new executive branch member, Secretary Keith Jackson of the Justice and Public Safety Cabinet. The board also received two informational items: agency responses to prior questions and amendments made to capital plans after the last meeting. It then heard the Commonwealth Office of Technology’s report on executive branch IT capital project scoring, which reviewed 16 IT requests totaling about $330.5 million. COOT said projects were ranked through an independent panel using standardized criteria focused on feasibility, statewide alignment, readiness, impact, and risk; the CIO recommended moving an enterprise application and artificial intelligence inventory system from rank 11 to rank 4 because of its enterprise-wide impact and connection to Senate Bill 4. The Department of Military Affairs presented its capital plan, describing 43 million in projects for the current period and 13 projects totaling $65 million for 2026–2028, with most funding coming from federal sources and restricted agency funds and no general fund request in the latter period. Its projects included maintenance pool adjustments, a statewide Army master plan, the Somerset readiness center, Shelbyville and Ashland armories, a future home for the Kentucky Army National Guard band, and other facility upgrades. Members asked about the Somerset project’s cost growth and federal delay; the department said the project remains in conceptual design, is awaiting federal MILCON action, and would require a state match of about $9.8 million against $29.6 million federal funding if it is approved. Members also asked about staffing levels, and the department said state employee and Title 32 numbers have been relatively steady, while technician positions have declined. The Department of Veterans Affairs outlined seven projects for 2026–2028, led by a Radcliff Veterans Center HVAC replacement that needs an estimated additional $16 million to finish phase two after phase one was already funded. Other requests included a maintenance pool increase, renovations and exterior upgrades at Eastern and Western Kentucky veterans facilities, a cooling tower replacement at Thompson Hood, and parking lot and lighting improvements. The department said some projects were already in the six-year plan and that the Radcliff phase two could be bid in June 2026 if funded. Members confirmed that a columbarium wall project at Grayson is federally funded. The Kentucky Infrastructure Authority presented its six-year capital plan, citing more than $3 billion in loan commitments since 1988 and over $5 billion in supported infrastructure projects. KIA requested $298.439 million in the first biennium, including $27.742 million in state match for federal clean water and drinking water revolving funds, $25 million for its state Infrastructure Revolving Fund, $185.697 million in federal capitalization grants, and $30 million in leverage bond authorization for each year of the two federally assisted loan programs. Members asked about drinking-water quality, and KIA said that function is handled by the Energy and Environment Cabinet’s Division of Water, not KIA. KIA also said its loan rates currently range from 0.5% to 2.25%, averaging just under 1%, and that its revolving loan programs have had no defaults. The Tourism, Arts, and Heritage Cabinet began its presentation at the end of the transcript, with staff identifying themselves, but no project details or board action from that presentation were included in the excerpt.
CA
Transcript Highlights:
  • So the state will tally up all of its capital gains... ...shown on the figure.
  • It's slightly more excess capital gains.
  • I think our estimate is that it's 65% excess capital gains and 35%...
  • I think our estimate is that it's 65% excess capital gains and 35% base amount.
  • gains revenues. ...are limited to volatility in capital gains revenues.
Summary: The Assembly Budget Subcommittee on Accountability and Oversight held a hearing on proposals to reform California’s Budget Stabilization Account, or rainy day fund, ahead of the May Revision. Members and witnesses reviewed how Proposition 2 (2014) changed reserve rules, including mandatory deposits, a 10% cap on the fund, and limits tied to the Governor’s declaration of a budget emergency. LAO staff explained that California’s revenues are highly volatile, that current reserve rules are complicated by interactions with Proposition 98 and the Gann limit, and that under current law reserves would cover only about one-third of funding shortfalls in a benchmark scenario over 50 years. The LAO presented its report recommending a larger reserve target, including raising the cap to 50% by 2055 and pairing that with either broader, more flexible deposit rules or a simpler approach that deposits all excess capital gains. The Department of Finance described the Governor’s proposal to raise the cap from 10% to 20% and exempt BSA deposits from the state appropriations limit, while Assembly Member Valencia presented ACA 1, which would make similar changes and was described as an evolving proposal. Testimony generally supported saving more during boom years, but differed on how much to hardwire into the Constitution versus leave flexible, and on whether to broaden the deposit formulas beyond capital gains. Public witnesses and committee members raised additional issues, including whether reserve reforms should also address debt repayment, the treatment of unemployment insurance fund debt, and whether the Gann limit should be adjusted to better allow reserve growth. Supporters argued that stronger reserves would protect Californians from cuts during downturns and help the state weather volatility and federal funding threats. Some advocates warned that reforms should not come at the expense of current public needs, while taxpayer representatives cautioned against turning the BSA into a pass-through account that weakens constitutional spending limits. The hearing ended without a vote, with the committee chair noting the complexity of the issue and adjourning after public comment.
MS

Mississippi 2026 Regular Session

MS House Floor - 18 March, 2026; 10:00 AM

Mississippi House Floor Meeting

Transcript Highlights:
  • <00:16:48.079> expense Commission America 250 capital expense Commission America 250 capital
  • I don't know what that says about the members. capital. So y'all y'all all be getting a capital.
  • you here at the capital today. you here at the capital today.
  • them feel welcome at that capital? them feel welcome at that capital?
  • <01:21:06.000> Congratulations capital today. Congratulations capital today.
Summary: The House convened with prayer and the Pledge of Allegiance, then moved through routine organizational business, including confirming a quorum, dispensing with the journal reading, and introducing pages and several visiting groups. Recognitions included the Calhoun City High School Wildcats for winning the 2025 Class 1A state championship, the Florence High School girls soccer team for winning the Class 5A state championship, the Mississippi Children’s Museum, a Kosciusko-Attala business delegation, an empowerment group from Oxford, a pediatrician of the day, law enforcement leaders, and other guests. The chamber also adopted House Resolution 63 honoring the House softball team for winning the Battle of the Tombigbee. The main floor action centered on concurrence or conference motions on several bills. The House concurred in HB 1404, HB 1546, HB 1577, HB 1265, HB 895, HB 1923, HB 1937, and HB 1940, with votes ranging from near-unanimous to 99-14 and 108-8; HB 895 was amended by unanimous consent to correct a line reference. Members explained that HB 1404 added knowingly/willfully/unlawfully language, HB 1546 shortened the human-trafficking expungement period from five years to three, HB 1577 adjusted false-claims reporting language, HB 1265 removed a repealer from the Debt Management Services Act bill, HB 895 restored 12-month card validity and a two-year caregiver license period for the cannabis bill, HB 1923 funded the Athletic Commission at $174,000, HB 1937 finalized the Library Commission budget, and HB 1940 was a large deficit/appropriations bill covering settlements, public safety headquarters construction, MIMA grants, court support, DHS software, health litigation expenses, and student aid. The House also voted to invite conference on a number of bills, including HB 1390, HB 1651, HB 1649, HB 1653, HB 1654, HB 1752, HB 1648, HB 1934, HB 1935, HB 1936, HB 1938, HB 925, HB 1640, HB 1927, HB 1928, HB 1929, HB 1930, HB 1931, and HB 1924. During debate on HB 1940, members questioned the need for outside counsel and the size of legal and settlement costs, especially for Jackson water litigation; the sponsor said the Attorney General sometimes needs specialized outside attorneys. The bill ultimately passed concurrence, and the chamber continued with additional introductions and recognitions after the major votes.
US

US Federal 2025-2026 Regular Session

Hearings to examine reforming SBIR-STTR for the 21st century. Mar 5th, 2025 at 01:30 pm

Small Business and Entrepreneurship Committee

Transcript Highlights:
  • Rothside is a principal at Shield Capital, a venture capital firm focusing on investing in early-stage
  • And we must leverage America's private capital markets backing the most innovative ideas.
  • Private capital is critical to accelerating the development of next-generation defense tech.
  • This ought to be seed capital for the next emerging ideas.
  • , you know, how the venture capital market works very well.
Summary: The meeting focused on the Small Business Innovation Research and Small Business Technology Transfer Programs (SBIR-STTR), emphasizing the critical reforms necessary to enhance their effectiveness. Chair Ernst introduced the Innovate Act to streamline processes, ensuring funding is awarded based on merit and addressing existing abuses within the system. The discussion was robust, with numerous members expressing concerns about phase transitions and the need for targeted funding to support impactful technological innovations. The conversation also highlighted the program's importance in fostering economic growth, particularly for small businesses in rural areas, and the urgency for legislative changes as the program's authorization approaches expiration.
MN

Minnesota 2025-2026 Regular Session

Committee on Education Finance - 03/11/25

Education Finance

Transcript Highlights:
  • the same standard for the capital the same standard for the capital projects<00:57:51.240> Levy
  • reasons school districts have a capital reasons school districts have a capital projects<01:05:04.520
  • When I think capital, I'm thinking one-time improvement, capital expansion, some type of replacement,
  • funding currently we don't have Capital funding currently we don't have a<01:18:17.080> capital
  • operating as part of a capital operating as part of a capital conversation<01:20:01.440> uh
Keywords: 1187, senate, all
MS

Mississippi 2026 Regular Session

Appropriations - Room 216, 12 March, 2026; 10:30 AM

Appropriations

Transcript Highlights:
  • comes out of capital expense funds. comes out of capital expense funds.
  • Most of that is capital above LBR.
  • <01:08:02.880> expense There is a request for capital expense There is a request for capital
  • That's capital expense.
  • That's capital expense. And then That's capital expense.
Summary: The committee began by noting the plan to suspend the rules later that afternoon so several measures could be taken up on the floor, including bills that may be on final passage or contain reverse repealers. Members were reminded to clearly identify which bills were final passage measures so the chamber would know it might be the last opportunity to vote on them. The committee then moved through a series of appropriations bills. In the education and judicial budgets, Senator DeBar explained House Bills 1928, 1933, 1935, 1936, and 1937, covering the legislative operations budget, DFA buildings reappropriations, K-12 education, MPB, and the library commission. He described increases for teacher pay, special education supplements, testing contracts, ELC coaches, financial literacy, ESA funding, and other adjustments, along with reductions in some areas and a decline in student enrollment affecting the funding formula. The bills were adopted by title sufficient, do pass, with strike-all motions where applicable. Senator Wiggins presented House Bills 1924, 1926, 1927, 1930, and 1931, covering the Attorney General, Capital Postconviction Council, district attorneys and staff, the Office of State Public Defender, and the Supreme Court/AOC budget. He highlighted salary increases for agency attorneys, human trafficking funding, new district attorney positions from judicial redistricting, public defender support for family defenders and the rural legal services pilot, and major court-system items such as judicial salary increases, youth court intake, CCID courts, and the MyCIDS replacement system. Questions focused on the meaning of personal services, vacancy funding, and possible use of opioid settlement funds for AOC; the committee was told those issues could be handled through the reverse repealer or other vehicles. The bills were advanced, with the committee noting which ones contained reverse repealers and which were final action. Subcommittee 5 and 6 then handled human services, health, licensing, and transportation-related measures. House Bills 1906, 1909, 1912, and 1921 covered Child Protective Services, Human Services, Medicaid, and Rehabilitation Services, with explanations for new attorney positions, salary and vacancy funding, SNAP administration, Medicaid agency funding, and restoring positions in rehab services. House Bill 1908 for the Department of Health added money for Jackson water litigation and public health priorities such as obesity management, remote monitoring, cancer screenings, and maternal-infant health. House Bills 1913, 1914, 1915, 1917, and 1918 were taken up together for licensing boards, with most changes described as cloud services, PIN restoration, or vacancy funding; only the Board of Medical Licensure bill had a reverse repealer. Finally, Senator Thompson handled special fund and transportation bills, including the Port Authority, waterway and river districts, Yellow Creek, and MDOT. He noted overtime concerns at the Port Authority, special-fund increases for contractual services and capital improvements at the water districts, and MDOT increases for salaries, commodities, equipment, and the three-year highway plan. Senator Wiggins raised a question about utility relocation costs in transportation projects, saying some municipalities were being told to pay those costs themselves; Senator Thompson said he would follow up with MDOT.
US
Transcript Highlights:
  • If I want to do a listing, I want to raise capital.
  • These companies should not have access to our capital markets.
  • You have to get access to capital.
  • They're still raising capital.
  • It's private capital, venture capital, private equity, and public capital that's going over there.
Summary: The meeting primarily addressed concerns regarding the impact of the Chinese Communist Party (CCP) on American investments and the financial security of retirees. The chair discussed legislation aimed at ensuring the protection of American investors against the risks posed by Chinese companies. There was a consensus among the members regarding the necessity to enforce existing policies that require compliance from foreign companies wishing to trade on American exchanges. The discussion included testimony from various stakeholders highlighting the urgent need to limit exposure to the CCP in retirement portfolios. Additionally, there were calls for increased accountability of regulatory bodies such as the SEC to better shield American investors from potential loss.
DE

Delaware 2025-2026 Regular Session

Senate Legislative Session - Session 2 - 42nd Legislative Day Jun 30th, 2026

Delaware Senate Floor Meeting

Transcript Highlights:
  • I'm not sure if that's the attempt—an end run, meaning an effort to try to boot aspects, perhaps, of
  • House Bill No. 500, sponsored by Representative Heffernan, Senator Walsh, and others, is a bonding capital
Summary: The Senate received communications from the House on numerous measures, including several bills and resolutions passed with amendments, committee reports on bills such as large energy use facilities, campaign finance, voting rights, and appropriations, and a list of pre-file legislation. The chamber then moved through a long floor session with confirmations, bill readings, and roll-call votes, ultimately confirming the nomination of Morgan T. Zern to the Delaware Supreme Court by a 21-0 vote. Among the major policy items considered were property tax and school tax measures tied to the statewide reassessment. The Senate passed House Bill 460, clarifying monthly municipal permit-data reporting to New Castle County; House Bill 461, granting temporary authority for New Castle County school districts to reset school tax rates for one cycle; and House Bill 462, making the split school tax rate permanent with a lower nonresidential cap. Members discussed the fiscal effects at length, including testimony from a school district finance officer that HB 461 would allow revenue-neutral rate setting and offset the fiscal note on HB 462. The Senate also passed House Bill 365 creating a Delaware Indigenous Affairs Commission, House Bill 458 on backflow requirements for low-hazard buildings, Senate Bill 27 establishing the Office of New Americans with a sunset and interagency coordination, and Senate Bill 315 on the Delaware Technical Innovation Program. The chamber also approved Senate Substitute 1 for Senate Bill 300, a firearms dealer regulation bill, after extensive debate over amendments, confidentiality, background checks, and the balance between public safety and burdens on lawful dealers. Several members raised constitutional and practical objections, while supporters argued the bill would reduce trafficking, straw purchases, and theft from dealers. In addition, the Senate passed House Bill 305 creating a diabetes wellness pilot program, with supporters emphasizing the state’s diabetes burden and the program’s federal funding, and House Concurrent Resolution 157, which asks the State Lottery Office to report on iLottery’s impact on small businesses. Senate Bill 325, a fire prevention/background-check bill, was laid on the table after concerns about a late House amendment and requests for more time to consult stakeholders.