Transcript Highlights:

• The federal government allocates a dollar amount to every state of tax-exempt bonds that they can essentially
• It allows for these these bonds.
• allocation, LIHTC or low 4% tax credit bonds, which fall in this pool.
• c> low<00:37:21.920> uh activity bond allocation LITC or low uh activity bond allocation LITC
• housing allocation today. housing allocation today.

Bills: HF3217, HF2252

Keywords: bioindustrial facilities, economic development, renewable energy, advanced biofuels, state funding, HF2252, Minnesota bonding, volume cap, private activity bonds, tax-exempt bonds, public facility bonds, public facilities pool, unified pool, bond allocation, municipal finance, bond cap, housing bonds, residential rental projects, manufacturing bonds, enterprise zone bonds

Summary: The committee first approved the prior day’s minutes as amended, correcting the meeting number from the 46th to the 45th meeting. It then took up House File 3217, which would restore funding for the Minnesota Bioincentive Program. Representative Kisha argued the state should honor commitments made to companies that met program requirements and had not received full reimbursement. Testifiers from the Great Plains Institute and Minnesota Biofuels Association said the program has supported bioeconomy investment, reduced greenhouse gas emissions, and generated strong economic returns, but has been underfunded, leaving unpaid claims. Members raised questions about whether the bill was retrospective and whether it should be reviewed by another committee; the bill was laid over for further consideration without a vote. The committee then heard House File 2252, a proposal to modernize Minnesota’s private activity bond volume cap by shifting unused allocation from the small issuer/manufacturing bucket to the public facilities bucket while leaving the overall cap unchanged. The bill’s public finance testifier said the current allocation formula is outdated, housing would remain the top priority, and the change would be budget neutral. Testifiers from the Minnesota Milk Producers Association and Minnesota Biofuels Association supported the bill, saying it would better align financing with rural infrastructure, clean water, manure management, renewable natural gas, dairy processing, and low-carbon fuel projects, and could lower borrowing costs for those sectors. Members questioned whether the bill fit the committee’s jurisdiction and noted it might be more appropriate for another committee; the bill was also laid over for further consideration.

Transcript Highlights:

• bond allocation because the tax-exempt bond allocation because the pool<00:02:50.520> of<00:02
• <00:10:01.800> And<00:10:02.000> so has an allocation of those bonds.
• And so has an allocation of those bonds.
• So, this change will apply to the bonds that are allocated by MMB.
• Because MMB is neither an issuer, they are an allocator of these bonds. They are not an issuer.

Bills: HF4234, HF3697, HF1183, HF4738

Keywords: HF4234, Minnesota private activity bonds, tax-exempt bonds, bond cap, aggregate bond limitation, residential rental projects, multifamily housing, affordable housing finance, housing bonds, public finance, bond allocation, private activity bond cap, Minnesota Statutes 474A.02, tax committee, tax refund, Minnesota Statutes, time limit, claims, tax overpayment, taxation

Summary: The committee first adopted the April 14, 2026 minutes as amended, correcting a misspelling in the reference to Chair Davids. It then heard House File 4234, a tax-exempt bonding/affordable housing bill from Representative Rey Rower, and adopted a technical A1 amendment before laying the bill over for possible inclusion in the 2026 tax bill. The bill would conform Minnesota law to recent federal changes to low-income housing tax credit rules by lowering the amount of tax-exempt bonds needed for projects to qualify, with the stated goal of spreading bond allocations across more projects and increasing affordable housing production without additional state funds. Testimony in support came from the bill author, the Greater Minnesota Housing Fund, and Mary Tingerthal, who said the change would increase efficiency in the use of federal bond authority and could raise the number of funded housing projects from about 16 to 25 per year, bringing in roughly $120 million more annually for housing. Members discussed where the benefits would be felt statewide, including greater Minnesota and larger metro areas, and the author said the bill would help address shortages in affordable and senior housing. The committee took no final vote on the bill, instead laying it over. The committee next heard House File 3697 from Vice Chair Norris, which would change Minnesota’s tax refund claim timelines to better align with federal law and most other states. The author and a tax attorney testifier said the bill would reduce confusion and help taxpayers, especially vulnerable individuals who may overpay or be overassessed and then miss the current deadline to seek refunds. The Department of Revenue said it had no concerns with the language and did not oppose the bill, and the committee laid the bill over for possible inclusion in the 2026 tax bill. Finally, the committee began hearing House File 4738 from Representative Keeler, a Safe Harbor funding proposal for victims of sex trafficking and sexually exploited youth. The author described Safe Harbor as a statewide program serving youth across Minnesota and said the committee should consider creative funding options, but Chair Davids stated the proposed funding source would not work because it would take money from women’s sports scholarships. Testifiers from Lake House in Duluth and a former Safe Harbor youth described the program’s impact on homeless and trafficked youth, including shelter, mental health services, education, and transition to adulthood. The hearing continued with testimony, but no action was taken in the portion provided.

Transcript Highlights:

• <00:05:01.600> or issued bonds or issued bonds or or<00:05:03.320> the<00:05:03.600
• We issue bonds based on the whole capital.
• We issue bonds based on the whole capital.
• We issue bonds based on the whole capital.
• We issue bonds based on the whole capital.

Bills: HF4841, HF4234, HF3697

Keywords: Hennepin County, sales tax, health care facilities, ballpark improvements, tax revenue, HF4234, Minnesota private activity bonds, tax-exempt bonds, bond cap, aggregate bond limitation, residential rental projects, multifamily housing, affordable housing finance, housing bonds, public finance, bond allocation, private activity bond cap, Minnesota Statutes 474A.02, tax committee, tax refund

Transcript Highlights:

• The end result is that more projects will get a tax-exempt bond allocation because the pool of money
• projects will get a taxexempt bond projects will get a taxexempt bond allocation<00:01:55.360>
• of taxexempt private activity allocation of taxexempt private activity bonds. bonds. bonds.
• that are allocated worth of uh bonds that are allocated through<00:05:22.880> a<00:05:23.280>
• That you had to allocate at least 50% of your project costs to be financed by tax-exempt bonds.

Bills: HF4234, HF484, HF483, HF2614

Keywords: HF4234, Minnesota private activity bonds, tax-exempt bonds, bond cap, aggregate bond limitation, residential rental projects, multifamily housing, affordable housing finance, housing bonds, public finance, bond allocation, private activity bond cap, Minnesota Statutes 474A.02, tax committee, natural gas, gas hookups, residential construction, energy policy, local control, state preemption

Transcript Highlights:

• This year, our bond refinancing program identifies callable debt issued during higher interest rate periods
• The county recently passed its first. ever road bond election to help fund $150 million in transportation
• And so they can issue bonds for 20, 30, 40 years from now based on the future tolls.
• It adjusts the distribution formula to ensure more appropriate and responsive grant allocations under
• Fortunately for us, we think in the state of Texas, the JOBS Act allocated $66 billion. in federal grant

Bills: HJR58, HJR63, HB263, HB542, HB905, HB 1288, HB1402, HB2003, HB2262, HB2323, HB2429, HB2876, HB3019, HB263

Keywords: healthcare, insurance, elderly, retirement, benefits, transit-oriented projects, constitutional amendment, state highway fund, funding allocation, voter approval, highway fund, funding, public transportation, transit projects, transportation, local transit, fund allocation, voting rights, election integrity, ballot access

Bills: HB 4, HB 1, HB 2, HB 18, HB 19, HB 20

Keywords: appropriations, funding, budget, state finance, public services, public education, teacher compensation, certification, school finance, educator rights, education funding, charter schools, staff compensation, state aid, retention allotment, rural health, hospital funding, healthcare access, mental health services, financial stability

Bills: HB 4, HB 1, HB 2, HB 18, HB 19, HB 20

Keywords: appropriations, funding, budget, state finance, public services, public education, teacher compensation, certification, school finance, educator rights, education funding, charter schools, staff compensation, state aid, retention allotment, rural health, hospital funding, healthcare access, mental health services, financial stability

Bills: HB 1, HB 2, HB 18, HB 19, HB 20, HB 4

Keywords: appropriations, funding, budget, state finance, public services, public education, teacher compensation, certification, school finance, educator rights, education funding, charter schools, staff compensation, state aid, retention allotment, rural health, hospital funding, healthcare access, mental health services, financial stability

Transcript Highlights:

• This bill clarifies the limitations on the district's authority to issue bonds secured by ad valorem
• Under the ROTAS, scoring factors in the qualified sites under HB2086-3789 are not allocation plans, which
• we call the QAP, for tax credit allocations.
• Education remains embedded in the... ...Qualified Allocation Plan, the QAP, by adding emphasis for proximity
• House Bill 3753 is Representative Cunningham's bill relating to the allocation of low-income housing

Bills: HB293, HB 1173, HB3753, HB4999, HB5696, SB2145, HB5689, HB5690, HB5694, HB5698, HB293

Keywords: HB 293, Texas housing tax credits, low-income housing, affordable housing, private activity bonds, PAB, qualified allocation plan, TDHCA, Texas Department of Housing and Community Affairs, state representative objection, housing development approval, municipal notice, county commissioners court, extraterritorial jurisdiction, LIHTC, bond-financed housing, homelessness, housing services, Texas Department of Housing, municipal programs

Bills: HB493

Keywords: child advocacy centers, certification, funding allocation, Alabama Network, forensic evaluation, children's welfare, 1136, house, all

Bills: HB493

Keywords: child advocacy centers, certification, funding allocation, Alabama Network, forensic evaluation, children's welfare, 1136, house, all

Transcript Highlights:

• Section 8 of Article 7 raises the State Agricultural Society's debt limit for state fair bonds from $30

Bills: HF2730, HF2257, HF2768, HF1932, HF2437

Keywords: local government debt, municipal bonds, county bonds, capital improvements, public financing, bond issuance, public hearing, notice period, bond guarantee, Minnesota Public Facilities Authority, volume cap, private activity bonds, housing finance, residential rental bonds, LIHTC, low-income housing tax credits, redevelopment, courthouse financing, jail financing, law enforcement center

Transcript Highlights:

• Section 8 of article 7 raises the State Agricultural Society's debt limit for state fair bonds from $30
• agricultural society's debt limit for<00:23:18.400> state<00:23:18.640> fair<00:23:18.960> bonds
• from<00:23:19.600> 30<00:23:19.840> million<00:23:20.159> up for state fair bonds
• from 30 million up for state fair bonds from 30 million up to<00:23:20.559> 50<00:23:20.880><

Bills: HF2730, HF2257, HF2768, HF1932, HF2437

Keywords: local government debt, municipal bonds, county bonds, capital improvements, public financing, bond issuance, public hearing, notice period, bond guarantee, Minnesota Public Facilities Authority, volume cap, private activity bonds, housing finance, residential rental bonds, LIHTC, low-income housing tax credits, redevelopment, courthouse financing, jail financing, law enforcement center

Bills: SB1055, SB1065

Keywords: immigration enforcement, law enforcement, illegal aliens, state legislation, civil penalties, hyperbaric oxygen therapy, veterans, military health, mental health treatment, funding allocation, 1182, all

Summary: The Military Affairs and Border Security Committee heard two bills. SB 1055 would require state and local law enforcement to immediately notify ICE or CBP when a person unlawfully present in the U.S. is arrested for a state or local offense. Supporters said it simply clarifies and strengthens existing law and cooperation with federal authorities; opponents, including the ACLU of Arizona and several public commenters, argued it would intensify immigration enforcement, chill crime reporting, invite racial profiling, and conflict with existing SB 1070-related guidance and constitutional limits. The committee engaged in extended debate over whether the bill merely restated current law or would create new legal and practical burdens for police. After public testimony and member discussion, SB 1055 was passed on a 4-3 vote and received a do-pass recommendation. Members voting in favor said the bill was about enforcing the law and improving cooperation; members opposed said it was redundant and harmful to community trust and public safety. The committee then took up SB 1065, which appropriates $300,640,000 in FY 2027 for a Hyperbaric Oxygen Therapy for Military Veterans Fund. The bill was presented as a way to provide non-drug treatment for veterans with PTSD and related conditions, with supporters describing potential benefits for mental health and recovery. Some members raised budget and implementation questions, including how veterans would be selected for treatment, but all members ultimately supported moving it forward. SB 1065 passed unanimously, 7-0, with several members noting support for veterans while reserving questions about the budget process or future floor consideration. The committee adjourned after passing both bills.

Transcript Highlights:

• . bonds.
• Therefore, if you decide to issue revenue bonds or water bonds, for example, through the Texas Water
• We had some general obligation bonds from a previous bond issue that we… And then three months later,
• The bonds are for 30 years.
• that are allocated by the Texas Bond Review Board.

Bills: HB1453, HB1718, HB2043, HB2207, HB2798

Keywords: local governments, anticipation notes, certificates of obligation, public works, flood control, financial management, local government, municipal financing, private activity bonds, closing definition, real estate finance, bond issuance, government regulation, bond election, general obligation bonds, GO bonds, political subdivision, city bonds, county bonds, school district bonds

Bills: HM64, HM65

Keywords: capital outlay, Indian nations, tribes, technical assistance, state funding, resource allocation, firearm safety, public health, task force, violence prevention, alcohol misuse, legislation, 996, all

Transcript Highlights:

• Would a motion be in order that the House amend the committee's budgets to remove any amounts allocated

Bills: HB1, HB2, HB18, HB19, HB20, HB4, HB1, HB2, HB18, HB19, HB20, HB 1, HB 2, HB 18, HB 19, HB 20, HB 4

Keywords: disaster response, emergency management, mass fatality, justices of the peace, training programs, emergency manager license, volunteer management, justice of the peace training, criminal history checks, state health services, emergency communication, interoperability, grant program, first responders, state council, broadband, public safety, disaster preparedness, funding, flood disaster plan

Transcript Highlights:

• Performance bond was still there.
• I mean, clearly cash bonds are, I would think out of the, out of the ordinary, but performance bonds,
• Um, so what, what's been your experience on performance bonds as opposed to cash bonds?
• up to a million dollars bond.
• bond for that purpose, you have to give that bond back that It may leave the problem that the bond was

Bills: HB206

Keywords: HB206, school district bonds, bond election, voter approval, Education Code, Chapter 45, Section 45.003, Section 45.0034, Texas schools, school finance, local tax election, bond referendum, school construction, capital improvements, election frequency, five-year waiting period, district bonds, public school funding

Transcript Highlights:

• map that strikes the routes that have not been built or are not currently being built by the current bond

Bills: SB1475, SB2049, SB1966, SB1531, SB80

Keywords: memorial, infrastructure, transportation, dedication, Toby Keith, SB 2049, Oklahoma Department of Transportation, ODOT, Transportation Commission, surety bond, surety company, performance bond, contractor nonperformance, construction contract, public works, transportation contracts, bond claim, state transportation projects, Title 69, OMES

Transcript Highlights:

• I think it would make sense for them to have this oversight role for calling bonds.
• It's by law they're required to have various bonds.
• You know, primarily bid bonds and performance bonds as required by law.
• These bonds are fully justified and done so.
• Why wouldn't we also allow them to make the determination on calling these bonds?

Bills: SB1966, SB175, SB1475, SB1950, SB2049, SB2052

Keywords: memorial highways, bridge designations, Oklahoma Statutes, commemorative markers, transportation, uninsured vehicles, reimbursement fund, towing services, commercial vehicles, public safety, memorial, infrastructure, dedication, Toby Keith, aviation, aircraft, surveillance, regulations, fees, Oklahoma statutes