Transcript Highlights:

• What would their fees be?
• um and can the the their fees be?
• the fees fee amounts or any the fees fee amounts or any proportionality<01:45:22.000> standard
• [clears throat] impact fees. [clears throat] impact fees.
• the fees. the fees.

Keywords: 1189, house, all

Transcript Highlights:

• The permit fee should be able to keep unpermitted activity in control.
• Let's say, I'm going to make up a number here, there is a $10,000 impact fee for a new home construction
• This bill is modernizing the mitigation fee act to ensure traffic impact fees reflect actual automobile
• This bill is modernizing the mitigation fee act to ensure traffic impact fees reflect actual automobile
• have to have what's called an essential nexus to what the fee is charging for.

Summary: The committee heard multiple bills, with extensive discussion focused on short-term rental regulation, street vending, park/public safety financing, transit-oriented housing fees, and demographic data collection. SB 346 would require short-term rental platforms to provide local governments with listing addresses and related information to help collect transient occupancy taxes and enforce local ordinances; supporters argued cities and counties need the data to identify unlicensed operators and recover taxes, while opposition from platforms raised privacy and due process concerns and said administrative subpoenas already exist. The bill was amended and passed 7-0 to the Judiciary Committee. SB 635, the Street Vendor Business Protection Act, sought to protect street vendors’ personal information from being shared in ways that could expose them to federal immigration enforcement; supporters described raids and fear in vendor communities, and the bill passed 6-1 to Public Safety. SB 499 would clarify that certain park and recreation facilities designated in local safety or hazard mitigation plans can qualify for fee deferral exemptions when they serve emergency or public safety functions; supporters said parks can serve as fire buffers, evacuation sites, and recovery hubs, while some housing advocates sought a clearer nexus to development impacts. The bill passed as amended 6-0 to Appropriations. SB 358, which would modernize traffic impact fee rules to better reflect lower automobile trip generation for walkable, transit-oriented housing, drew support from housing and transportation advocates and passed 8-0 to Appropriations. SB 515, aimed at improving demographic data collection and reporting by local governments and state entities, passed to Appropriations on a 4-0 vote. The committee also took up SB 276, presented by Assembly Member Stefani on behalf of Senator Wiener, which would allow San Francisco to create a permit-and-enforcement system for the sale of commonly stolen goods on sidewalks. Supporters said the measure is needed to address fencing operations and protect legitimate vendors, while emphasizing it is narrowly targeted and not aimed at food vendors or permitted sellers. The transcript ends during testimony on SB 276, with supporters from the Mission street vendor community and San Francisco Public Works describing enforcement problems and the need for clearer rules and city resources.

Transcript Highlights:

• fees by 50%, and alteration of terrain fees are going up 100%.
• as the fees go um they would these fee as the fees go um they would these fee increases<00:36:07.800
• I can't speak to the fees. We haven't raised those fees in some time.
• The bureau that administers the fee does not receive any proceeds from the fees.
• They wanted to do a 10% fee increase, and this is currently a 50% fee increase.

Keywords: 928, house, all

Summary: The committee heard a presentation from the Department of Environmental Services on proposed changes in House Bill 2 and related technical changes in House Bill 1 tied to the governor’s permitting realignment initiative. The proposal would move environmental review staff from Fish and Game and DNCR to DES to create a more centralized “one-stop shop” for applicants needing DES permits, especially for wildlife and natural heritage reviews. DES said the goal is to speed permitting, support a 60-day review clock, and improve coordination among agencies while keeping the substantive review work in place. Members asked about staffing impacts, the scope of the transferred duties, and whether the change would create redundancy or weaken the other agencies. DES said most of the affected staff work primarily on these reviews, though Fish and Game staff also handle other state and federal reviews, which is why the proposal was adjusted to keep one of the four Fish and Game positions there and move three to DES, along with two positions from DNCR. DES also described a new supervisory position in HB 2 to manage the transferred staff within its land resources bureau. Officials said the reviews would still be done by specialists, but under DES supervision, and that the agencies would continue to coordinate recommendations on species impacts and mitigation. The committee also discussed fee increases intended to offset costs, including a 50% increase in wetlands fees and a 100% increase in alteration-of-terrain fees, with the department saying the changes would cover the new positions. Members raised concerns about impacts on private homeowners, possible incentives to work without permits, and whether fines should be used more as a revenue source or for mitigation. DES said wetlands permits are roughly split between homeowner-related and commercial projects, that permit-by-notification already creates a two-tier structure for smaller projects, and that enforcement relies partly on public complaints and online permitting systems. The department also said most fines currently go to the general fund and vary widely year to year, with about $75,000 budgeted, and that the proposal would also create permit-by-notification authority for alteration-of-terrain projects between 100,000 and 150,000 square feet, mirroring language in Senate Bill 110. No vote or final committee action was taken in the portion provided.

Transcript Highlights:

• that lensure fee. that lensure fee. 12280<00:05:03.600> is<00:05:03.759> being<00:
• <00:09:15.120> rule, occupational therapy compact fee rule, occupational therapy compact fee
• fee to the<00:24:48.640> 66.
• registration fee. registration fee. >> Okay. >> Okay. >> Okay.
• <00:25:56.960> addresses additional fee addresses additional fee addresses >> and<00

Keywords: 958, all

Summary: The Administrative Regulation Review Subcommittee met in August with a quorum present and approved the prior meeting minutes without objection. The committee then reviewed several regulations, generally adopting staff-suggested amendments without objection, and heard brief explanations from agency representatives on each item. The Board of Pharmacy regulations would clarify what registered and certified pharmacy technicians may do under supervision and what certified technicians may not do, while updating registration applications. The Board of Cosmetology package included changes to executive director authority, licensure and reciprocity rules, school requirements, training hours, instructor ratios, sanitation and disease-related rules, complaint procedures, and permit terms; members asked about straight razor language and the increase in student-to-instructor ratios, and the board explained that cosmetologists are not permitted to use straight razors and that the higher ratio was intended to give schools flexibility, especially for part-time students and schools with wait lists. The Occupational Therapy emergency compact regulation added four compact rules adopted in April 2025, and Senator West raised a technical question about certification requirements under House Bill 6; the agency said it had been instructed to file the regulation as submitted. The Department for Fish and Wildlife Resources presented a package covering wildlife management area rules, a northern pintail bag limit increase, reportable disease reporting, and a repeal tied to boat registration fees. After a brief explanation of the new wildlife disease reporting rule, the agency requested and received a deferral of 301 KAR 2:031 to avoid a gap while replacement language is finalized. The Economic Development Finance Authority explained an emergency regulation for the Kentucky Entertainment Incentive Program, saying it was needed because the program had become oversubscribed and because administration was shifting to a new film office and council; members also asked about certification issues under House Bill 6, and the agency said it had filed the regulation as directed. The Department of Workplace Standards emergency PPE regulation was also discussed, with members asking about HB 6 certification language, and the agency gave the same response. The Department of Insurance regulation would create a $10,000 registration fee and a $1,000 annual licensing fee for pharmacy benefit manager licenses, with an agency amendment exempting PBMs that solely serve workers’ compensation plans. Members asked how many PBMs would be affected and why workers’ compensation PBMs were carved out; the agency said there were 70 registered PBMs total, four solely workers’ comp, and that workers’ comp rates are set by statute and could not absorb the fee. Finally, the Public Service Commission’s pole attachment regulation was summarized as a broadband-expansion measure that speeds application review, increases the number of poles allowed in a single application, and shortens dispute timelines; the commission explained it grew out of earlier legislative direction and subsequent emergency amendments, and the committee adopted the staff amendment.

Transcript Highlights:

• construct be under construction right now underway and there's another 7,600 units that have been funded
• under construction as of March.
• This fee is a relatively, well, it's not.
• And so I wouldn't think of this fee as a fee that is the folks in SRA paying for their own fire protection
• But we passed some of those costs on when we instituted this fee.

Keywords: 988, house, all

Transcript Highlights:

• development excise taxes and impact fees development excise taxes and impact fees as<00:21:51.920
• So it's just going forward for new construction.
• So it's just going forward for new construction.
• :39:09.960> unemployable registration fee exemption unemployable registration fee exemption unemployable
• The Development Impact Fees Expansion.

Keywords: House streaming session for Thursday, March 19, 2026, 957, house, all

Summary: The House convened with 122 members present, opened with prayer, and approved the previous day’s journal. The chamber then took up two congratulatory resolutions: one honoring Layla Wishard of Hagerstown for winning gold with Team USA at the Junior Roller Derby Association World Cup in Australia, and another recognizing Delores Millhouse as the 2026 Maryland Mother of the Year. Both resolutions were read and adopted with applause. The House then considered a series of committee reports, primarily from the Committee on Economic Matters, and advanced multiple bills to third reading after adopting committee amendments and favorable reports. Measures included consumer contract protections in House Bill 103, workers’ compensation presumptions for hypertension in House Bill 347, broadband access and affordability in House Bill 382, housing and land-use changes in House Bills 548 and 894, data privacy in House Bill 711, franchise law changes in House Bill 730, a blockchain-based real property title pilot program in House Bill 810, bankruptcy exemptions in House Bill 1098, and telecommunications infrastructure protections in House Bill 1100. Several bills drew questions and were special ordered for further review. House Bill 711, the Data Privacy Act, prompted extended discussion about whether its geolocation provisions could affect stadium and venue security tracking; the sponsor said the bill was intended to close loopholes around cell phone and vehicle location data and would not change existing permission-based rules, but the bill was still special ordered until the next day. House Bill 894, the transit-oriented development bill, also drew questions about local government concerns and was special ordered, with the floor leader saying county and municipal groups were generally satisfied with the amendments. House Bill 1100 was also taken up after the amendments were adopted, and the title amendment process began as the transcript ended.

Transcript Highlights:

• That was the original construct. If I may, can I expound on that for a moment? Please.
• The reason it was the original construct that the legislatures chose the Senators is because, prior to
• The initial proposal was for the construction of a 546,000-acre wind farm.
• SCR 19 allows a replica to be constructed outside of the historic Capitol grounds.
• SCR 19 allows a replica to be constructed outside of the historic Capitol grounds in accordance with

Summary: The Senate took up and passed Senate Bill 945, which concerns political shareholder proposals by insurers and insurance holding companies. Senator Hughes argued the bill would protect Texas-based insurers from activist shareholder pressure, especially proposals aimed at limiting insurance coverage for oil and gas companies for ESG or political reasons. The motion to suspend the regular order was adopted over objection, and SB 945 passed to engrossment on a 20-10 vote with one present not voting. The chamber also passed Senate Bill 1117, allowing any Texas-licensed dentist to administer botulinum toxin in oral or maxillofacial regions for aesthetic purposes, and House Joint Resolution 98, renewing Texas’s application for an Article 5 Convention of States to propose amendments on fiscal restraints, federal power limits, and term limits. Both measures advanced after debate and roll-call votes; SB 1117 passed unanimously after suspension of the three-day rule, and H.J.R. 98 was adopted on a 17-14 vote. Members then approved several other measures, including the committee substitute for House Bill 142 on HHSC’s Office of Inspector General and Medicaid overpayment recovery, Senate Bill 2373 on AI-enabled financial fraud and deepfake/phishing schemes, Senate Bill 2221 on fraudulent UCC financing statements, and Senate Bill 2681 on the basis for third-party voter-registration challenges. The Senate also adopted a resolution authorizing a Texas Life Monument replica at the Capitol complex, and passed S.J.R. 59 creating funds for Texas State Technical College capital needs. The body debated and passed Senate Bill 946, which would bar credit discrimination against organizations based on social, political, religious, or similar value-based considerations and require credit decisions to rest on creditworthiness. Senators raised concerns that the bill could create a special protected class for non-human entities or conflict with existing state policies, but the bill advanced to engrossment on a 20-11 vote. The Senate also passed Senate Bill 2477 to ease office-to-residential conversions in large cities after adopting an amendment negotiated with municipal stakeholders, and began consideration of Senate Bill 715 on ERCOT reliability requirements for generators, including existing generation, with extensive debate over impacts on renewables, power purchase agreements, and grid reliability.

Transcript Highlights:

• It's tied to cost of construction material, cost of labor, and construction material are at all-time
• It's tied to cost of construction material, cost of labor, and construction material are at all-time
• <02:06:51.840> material, tied to cost of construction material, tied to cost of construction
• residential construction in the 1980s. residential construction in the 1980s.
• <04:15:55.040> because down the cost of construction because down the cost of construction

Keywords: 1189, house, all

Transcript Highlights:

• We have McCarthy Construction on site.
• The space in its entirety is fully encapsulated by the construction team.
• right now of $564,000, and construction costs of $258,000.
• "Construction to show you that vantage point.
• The total project costs with architectural fees is $69,948,928.40.

Summary: The committee met with a quorum, approved the March 18 minutes, and then received a series of updates on health-related projects and Department of Health and Human Services budget matters. Representatives from CHI St. Alexius in Bismarck and Williston, and Altru in Grand Forks, reported progress on behavioral health expansion projects, including demolition and construction milestones, updated timelines, funding status, staffing plans, and barriers such as an unbudgeted air handler replacement in Williston. Members asked about original completion dates, use of telehealth, recruitment of psychiatrists and other staff, and whether the new beds might reduce the need for patients to travel to Jamestown State Hospital. The projects were described as on track overall, with completion expected in 2027 for the larger builds and earlier openings for some phases in Williston. The committee then heard from HHS leadership on technical line-item transfers and the Salaries and Wages Block Grant. Donna Ockland explained that recent transfers were administrative corrections to place spending in the proper budget lines and did not involve new spending, and she reviewed FTE counts and vacancies across the department. Questions focused on behavioral health staffing changes and the use of consultants in the Rural Health Transformation Program. Pat Rainer outlined the rural health program’s first-year grants and priorities, including workforce retention, rural rotations and housing, community wellness initiatives, behavioral health promotion, safety net services, hospital equipment, suicide prevention training, technology, and EMS support. He said North Dakota’s plan was drawing positive national attention, but the department still needed to obligate roughly $199 million by September and was working with CMS on timing and compliance. The committee also received an update on certified community behavioral health clinics from Elena Zeller. She said North Dakota had been accepted as a demonstration state, with certification efforts underway in Williston, North Central, Fargo, and Dickinson. Members asked about care coordination, service growth, staffing, and whether certification would expand to all clinics; the department said it was still collecting baseline data and evaluating impacts before making future recommendations. Finally, Rebecca Askins reviewed SNAP payment error rates, explaining that the 2025 rate was finalized at 9.89 percent and that the department is working on training, system changes, and quality assurance steps to get below 6 percent. Members pressed on the causes of monthly variability, the performance of the SPACES system, and accountability for ongoing errors, and the department said it expects improvement over the next 6 to 12 months.

Transcript Highlights:

• Developers still face regulatory hurdles that slow the construction of new units.
• But the impact fees are actually not the point I'm making. That is a real issue, too.
• They can take a board to court, and if they prevail, they get attorney's fees.
• And now you're facing late fees, a lien on your home, or collections.
• I'm here with my joint author. ...fees, a lien on your home, or collections.

Keywords: 987, senate, all

Transcript Highlights:

• Is there additional fees that they, that they, that they would see?
• It might say, you know, infrastructure fees, upgrades to infrastructure fees.
• Uh, we have about 10 years of a construction cycle to get that on.
• I wish we had a big enough construction.
• It was a tap fee and the bigger tap you had, the more you paid.

Transcript Highlights:

• But it says that this appropriation is contingent upon charging fees.
• So if I call because I'm having a suicidal moment, I have to pay a fee.
• Yeah, that very large handout is a list of all of the construction projects.
• They are completed; the construction is done.
• My fee goes up 8%—yeah, 9% now. And so, Mr. Chairman and presenters.

Transcript Highlights:

• an over $7 million surplus this year for this program. maybe the $10 per fee lot fee should be suspended
• forward, whether the fee needs to be maintained.
• It was pegged at a $13 million fee or responsibility for HCD, AB 90,000.
• Further, the new increase fee isn't linked to the review of the plans.
• And even when developers win their cases, they do not collect attorneys' fees.

Summary: The Assembly Housing and Community Development Committee heard a long agenda of housing-related bills, beginning with AB 518 on low-impact camping areas. The author and supporters said the bill would streamline permitting for small rural camping operations on private land, expand outdoor access, and support rural economies, while opponents from campground associations and counties warned it could undermine existing regulation, create enforcement problems, and allow advertising of unpermitted sites. Members raised concerns about fire safety and local control, but the bill was ultimately passed as amended on an 8-0 vote. The committee then approved AB 635, which would require HCD to refer up to 25 of the most serious mobile home residency law complaints to the Attorney General. Supporters said mobile home residents need stronger enforcement against egregious park-owner violations, while opponents argued the existing program is underused, costly, and should remain subject to a sunset. After discussion of the program’s surplus and enforcement role, the bill passed 9-1. AB 893, which expands ministerial approval for mixed-income housing near college campuses and broadens eligibility for affordable units to students, faculty, and staff, also drew strong support from student advocates and housing groups and respectful opposition from the League of California Cities over local control and height limits; it passed 10-0. AB 925, the Mobile Home Emergency Safety Act, would require stronger emergency preparedness measures in mobile home parks, including accessible exits, working fire hydrants, and gas shutoff access, with a fee increase to fund enforcement. Supporters framed it as a life-safety measure in disaster-prone areas, while opponents argued the bill duplicates existing requirements and imposes an unnecessary fee increase. The committee voted 6-1 to send it to Appropriations, with the bill left on call. The consent calendar, including several other housing and local government bills, was approved 8-0. The committee also heard AB 712, which would increase penalties and attorney-fee protections for applicants enforcing state housing laws against public agencies; supporters said it would improve compliance, while special districts opposed the bill as overly broad and unclear. Members discussed indemnification and timing issues, and the bill was advanced with amendments to Judiciary.

Transcript Highlights:

• Is the city or county of Spokane doing anything to help by offsetting permitting fees or kind of... .
• ..to help by offsetting permitting fees or connection fees at this time?
• People that are in the construction industry are really focusing on this business now. That's new.
• It also saves a lot of money for homeowners in terms of fees and charges compared to traditional construction
• This regulates off-site construction for things that are for sale in Washington.

Summary: The committee met for work sessions on land banking/shared homeownership and on maximizing existing housing stock. Members first heard an overview from Commerce on alternative homeownership models, including community land trusts, limited equity cooperatives, condominiums, accessory dwelling units, middle housing, church land for housing, and public land transfers. The discussion focused on how these models can help households build equity while keeping housing permanently affordable. Committee members asked about statewide counts of co-ops and land trusts, and Commerce said it does not track all of those entities directly. Pierce County staff then described the Pierce County Community Development Corporation’s rapid acquisition fund and its role in acquiring, holding, and transferring public land for affordable housing. They said the county used general fund and affordable housing sales tax dollars to buy properties, preserve a manufactured home park through resident ownership, and create a pipeline of sites for future development. Members asked about the advantages of a public development authority, funding sources, the use of surplus and underutilized public property, and how the model works with housing authorities. Spokane land bank staff followed with testimony that land banks can reduce blight, preserve affordability, and help nonprofits acquire land quickly, but that holding costs and taxes can make the work harder without state support. They also described brownfield assessments, donated properties, and work on Black homeownership and public surplus properties. The committee then heard from the Northwest Cooperative Development Center on limited equity cooperatives, especially in manufactured housing communities. The witness said Washington now has about 43 limited equity co-ops and that recent subsidy funding and legislation have accelerated resident purchases of manufactured home communities. Members asked how residents benefit from capped equity, how values are affected, and whether the model improves access to lending; the witness said the model stabilizes costs, allows modest equity gains, and that a recent law allowing manufactured homes in co-ops to be titled as real property should improve access to traditional financing. The committee also discussed House Bill 1974 from the prior session and possible updates to land banking legislation. In the second work session on maximizing existing housing stock, Commerce reviewed recent housing laws and implementation timelines, including ADUs, middle housing, condo liability reform, SEPA changes, tiny homes, and co-living. Members raised concerns about the long implementation horizon, vacancy data, corporate ownership of homes, and the need for better support for small landlords and first-time ADU owners. Sightline then testified on mobile dwelling units, arguing that RVs, tiny houses on wheels, and similar units are a low-cost, quick-to-install housing option that is often blocked by zoning; the witness said many Washington residents already live in these units, often informally. Finally, AARP discussed housing options for older adults, including ADUs, missing middle, manufactured home communities, co-living, universal design, and village-style support models, emphasizing aging in place and the need for more accessible, affordable housing choices.

Transcript Highlights:

• materials used in a public construction materials used in a public safety<00:18:39.880> facility<
• <00:18:56.200> materials exemption for for construction materials exemption for for construction
• That fee in and of itself would not be subject to sales tax.
• uh TID fee uh TID fee um<01:01:30.840> uh<01:01:30.920> is um uh is um uh is is<01
• <01:01:51.680> is been established and and the fee is been established and and the fee is

Keywords: 1187, senate, all

Transcript Highlights:

• They don't have to pay the extra fee, the pet fee. Is that already in statute someplace? It is.
• , They don't have to pay the extra fee, They don't have to pay the extra fee, the<00:05:05.840>
• > pet<00:05:06.080> fee.
• any attorney's fees in collections. any attorney's fees in collections.
• <03:18:31.200> Of attorneys fees. And I'm an attorney. Of attorneys fees.

Keywords: 1187, senate, all

Transcript Highlights:

• Turning to our Construction Codes and Licensing Division: the Construction Codes and Licensing Division
• develops and enforces construction-related health and safety codes for the construction of buildings
• codes for the construction of buildings codes for the construction of buildings the<00:22:19.799
• funds is the work of the construction funds is the work of the construction codes<00:46:22.640><
• Because, like I mentioned earlier, we do have a budget item related to some of our fees in the Construction

Keywords: 1187, senate, all

Summary: The committee met under a new Senate power-sharing arrangement with co-chairs, began with member and staff introductions, and then received a jurisdiction overview from Senate counsel. The overview explained that the Labor Committee’s jurisdiction has not changed from the previous biennium and covers fair labor standards, minimum wage, workers’ compensation, occupational safety and health, and related agencies and boards such as the Department of Labor and Industry, Bureau of Mediation Services, PERB, and the Workers’ Compensation Court of Appeals. It also noted that some topics, including paid leave, fall under other committees, while earned sick and safe time remains within Labor and Industry jurisdiction. Commissioner Nicole Blissenbach and Josiah Moore then gave a detailed Department of Labor and Industry presentation. They reviewed the department’s funding sources, emphasizing that workers’ compensation funds and construction codes/licensing revenues make up most of the budget, while the general fund is a small share. They described the department’s major divisions, including workers’ compensation, construction codes and licensing, labor standards, nursing home workforce standards, and OSHA consultation and compliance, and highlighted practical examples of their work. Examples included return-to-work assistance for an injured worker, compliance training that reduced penalties for self-insurers and claim administrators, and use of the Special Compensation Fund when an employer lacked workers’ compensation insurance. The labor standards section highlighted enforcement actions involving unpaid overtime, pregnancy and parental leave retaliation, wage deductions, and child labor violations, along with totals for 2024 collections and inquiries. The presentation also noted the Nursing Home Workforce Standards Board’s adopted rules, the expansion of construction licensing exams statewide, and OSHA consultation programs such as Min-SHARP and MINSTAR, including a Minnesota employer that recently achieved MINSTAR status. No votes or formal committee actions were taken in the portion provided.

Transcript Highlights:

• It does say fee for licensing commercial devices.
• fund for the design and construction of noise barrier projects.
• fund for the design and construction of noise barrier projects.
• Chairman, the Turnpike is fee-driven.
• uh that are spent and construction uh that are spent and construction activities<01:41:26.760>

Keywords: 1191, senate, all

Transcript Highlights:

• So, you still have to register and you still pay the fee.
• Actually, they still pay that fee.
• It's just getting rid of the state in the, in the fees based on the license plate, right?
• Um, how long ago was it constructed? 1994.
• Center of the valley where all the construction this over the next 10 years, $4 billion in construction

Bills: HB 767, HB 1242, HB 1373, HB 1404, HB 1708, HB 1936, HB 2041, HB 2198, HB 2270, HB 2315, HB 2415, HB 2427, HB 2455, HB 2457, HB 2522, HB 2523, HB 2686, HB 2763, HB 2775, HB 2944, HB 3034, HB 1683, HB 1695

Keywords: highway designation, memorial, Montgomery County, Paul P. Mendes, transportation, HB 1242, Texas Transportation Code, U.S. Highway 281, Brooks County, Ernesto Soliz Cantu, memorial highway, road naming, TxDOT, road signage, commemorative resolution, memorial markers, county road 304, Huppergate Road, Los Robles Trail, Farm-to-Market Road

Transcript Highlights:

• And also investing in innovative strategies for construction costs to go down.
• And also investing in innovative strategies for construction costs to go down.
• And we're also facing rising interest rates, rising construction costs, labor shortages.
• But that's what, you know... ...construction is unpredictable, right?
• There's a big insurance side from, you know, the construction to the takeouts.

Summary: The Assembly Select Committee on Housing Finance and Affordability held its first hearing of 2025 to examine California’s housing finance system, with opening remarks emphasizing the state’s severe housing shortage, high costs, and the need for practical recommendations to the Legislature and Governor. Co-chairs described the committee as an educational and problem-solving forum focused on financing housing production, first-time homeownership, mixed-income developments, and affordability across the income spectrum. Witnesses from state agencies and the development sector were invited to explain how housing is financed and where the system is breaking down. Panelists from the California Housing Partnership, the Business, Consumer Services and Housing Agency, the Tax Credit Allocation Committee/State Treasurer’s Office, CalHFA, and Related outlined the “capital stack” used to finance affordable housing, stressing that projects typically rely on multiple public and private sources, including federal and state low-income housing tax credits, tax-exempt bonds, state subsidies, local funds, and rental income. Speakers noted that affordable housing rents generally cannot support full project costs without public subsidy, and that recent federal changes—especially the expansion of the 4% and 9% tax credit programs and the reduction of the bond financing threshold for 4% credits—should allow California to finance substantially more units. CalHFA also described its homeownership programs, including My Home, Dream For All, and disaster-related mortgage assistance, as well as its multifamily lending and bond issuance programs. Several witnesses and committee members emphasized that the system remains too complex, too slow, and underfunded. They pointed to the need for more state funding, a housing bond, a permanent funding source, and better coordination among agencies, while also citing recent streamlining efforts such as AB 434’s SuperNOFA, AB 519’s one-stop-shop working group, and the planned California Housing and Homeless Agency reorganization. Members raised concerns about equity, access, missing-middle housing, gender and racial disparities, and whether current programs adequately serve extremely low-income households and those at risk of homelessness. No formal votes or actions were taken during the hearing; the discussion ended with committee members and witnesses agreeing that both funding and administrative reform are needed to increase production and improve affordability.