Video & Transcript Research : 'capital expenditure'

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AZ

Arizona 2026 Regular Session

02/12/2026 - House Rural Economic Development

Rural Economic Development

Transcript Highlights:
  • House Bill 2824 enables a governing body to construct, install, or modify critical capital expenditure
  • expenditure program.
  • This program allows commercial property owners to voluntarily finance qualifying capital improvements
  • Lopez says, establishes enabling legislation for commercial property assessment capital expenditure financing
  • Can you use this tool on leased land to invest in capital infrastructure?
MN

Minnesota 2025-2026 Regular Session

Housing Committee Meeting - 2026-04-07

Housing Finance and Policy

Transcript Highlights:
  • And then the third largest use is capital for housing construction and preservation.
  • And then the third largest use is<00:05:35.520><c> capital</c><00:05:36.160><c> for</c><00:05:36.720>
  • and is capital for housing construction and preservation. preservation. preservation.
  • , uh, which helped about expenditures, uh, which helped about 73,000<00:05:55.199><c> households.
  • </c> complex deals that have 10 or 11 capital complex deals that have 10 or 11 capital sources<00:59:
Bills: SF2434
ND

North Dakota 2025-2026 Regular Session

Senate Appropriations - Education and Environment Division Apr 10th, 2025 at 02:30 pm

Appropriations - Education and Environment Division

Transcript Highlights:
  • We're limiting operating expenses and capital assets to $5 million.
Bills: HB1329
Summary: The division first discussed Senate Bill 1540 and related amendments involving implementation mechanics, procurement exemptions, and an emergency clause. Bank of North Dakota representatives explained that, based on a timeline review with DPI, the project would be very difficult to implement for the 2026-27 school year without exemptions from state purchasing and IT oversight rules and without an emergency clause; they said the normal procurement process could take about 240 days and that a 15-month implementation window would likely push the start to 2027-28 if those changes were not adopted. Members also raised a separate policy question about a criminal penalty placeholder in the bill, and the committee agreed that the sentence was unnecessary and should be removed. The committee deferred means-testing questions and fiscal-note issues to the next morning, with the understanding that the bill would be drafted in a way that made it workable if it advanced. The committee then turned to the water budget bill and reviewed the latest amended version, which included changes to the Water Topics process, Southwest Pipeline line of credit provisions, Red River supply funding, Mouse River project amounts, general water funding, studies on Missouri River intakes and water governance/finance, and a carryover/transfer adjustment. Chris Cattermas of the Department of Water Resources said most of the carryover funds were already obligated, with the largest unobligated amount in flood control. After review, Senator Thomas moved a do-pass recommendation on the bill as amended, the motion was seconded, and the committee approved it unanimously. The chair noted that other bills would be taken up the next morning, including 1013, 1014, and 1540.
ND

North Dakota 2025-2026 Regular Session

Senate Appropriations - Education and Environment Division Apr 10th, 2025 at 09:30 am

Appropriations - Education and Environment Division

Bills: HB1329
Summary: The Education Division met with all members present and first took up House Bill 1329, which would create a transparency database and website for school spending information. Senator Schaible offered Amendment 0204 to turn the bill into a study, citing concerns that the proposal would impose major data-collection burdens on 168 school districts, require new data standards and privacy protections, and likely cost far more than the $500,000 in the bill. Several members supported transparency but agreed the implementation costs and technical feasibility were unclear. The committee adopted the amendment 4-1, then passed HB 1329 as amended on a 5-0 vote, with Senator Shively to carry the bill. The committee then discussed House Bill 1540, the education savings account/voucher bill. Representatives from the Bank of North Dakota and the Department of Public Instruction explained that they had not been consulted on the original drafting and outlined needed administrative changes, including clarifying the Bank as administrator, using a third-party program manager, involving DPI in rulemaking, adding audit and appeal procedures, and adjusting language on eligible purchases and school disqualification. They also said the current timeline was likely too aggressive to launch by the 2026-27 school year and estimated the program would require about 15 months to implement, with a fiscal note now around $5.1 million. Members also discussed policy-related amendments on means testing and application timing. Senator Shively proposed a 300% of poverty-level means test and a sign-up period to reduce costs and limit open-ended enrollment, while Senator Axman proposed a tiered approach that would keep all students technically eligible but phase in funding levels by income, preserving access for students who qualify for other federal supports. DPI said it could not currently disaggregate some data by family income and that the appeal process and procurement timeline still needed work. The committee did not move HB 1540 out that morning and instead recessed to continue discussion later after members had time to review the administrative and fiscal issues separately from the means-testing proposals.
TX

Texas 89th Regular

State Affairs (Part II) May 22nd, 2025

State Affairs

Transcript Highlights:
  • sponsored by our committee colleague, Senator Hinojosa, relating to the maximum amount of operating capital
Bills: HB223
Summary: The Committee on State Affairs heard several House bills, with most measures left pending after testimony and later taken up in a batch of votes. Early in the meeting, HB 5624 on liability protections for motocross/off-road vehicle tracks, HB 223 on requiring competitive procurement for municipal lobbying contracts, HB 3709 on post-election audit procedures, and HB 5081 on protecting personal information of judicial officers and court staff were all discussed and left pending after testimony. Witnesses on HB 223 supported greater transparency in municipal lobbying contracts. HB 3709 drew sharp opposition from an election integrity advocate who argued the bill would reduce precinct-level granularity and make it harder to detect ballot errors, while a Secretary of State resource witness said the bill would simplify and standardize the audit process by location. HB 5081 received strong support from court administration and a district judge who described prior threats and an attack tied to publicly available personal information. The committee also heard HB 3546 on allowing school districts to move elections to November, HB 493 on barring certain felony offenders from serving as poll watchers, HB 5115 on increasing penalties for election fraud and related conduct, HB 4081 on trade secret filing procedures, HB 3909 on limiting restrictions on wireless devices at polling places, HB 2702 on limiting gubernatorial closure authority for certain veterans organizations during pandemics, HB 119 on foreign adversary lobbying, and HB 5138 on the Attorney General’s authority to prosecute election crimes. Several of these bills were explained with committee substitutes and then left pending before final action. Testimony on HB 493 and HB 5115 came from an election integrity advocate who supported both bills, saying the poll watcher restriction was appropriately narrowed and that the election fraud bill would help address invalid votes and refusal to count valid votes. Later, the committee took up pending business and voted out a large number of bills, generally along party lines or with broad support. HB 186 on minors’ social media use, HB 229, HB 2885, HB 3909 as substituted, HB 4285, HB 1661, HB 2820, HB 3181, HB 4157, HB 223, HB 521, HB 640, HB 1234, HB 2253, HB 2294, HB 3053, HB 3697 as substituted, HB 4281, HB 4463, HB 4995, HB 5081 as substituted, HB 5624 as substituted, HB 119 as substituted, HB 3225, HB 5138 as substituted, HB 5115, HB 481 as substituted, HB 3546, HB 493, and HB 4145 were reported favorably to the full Senate, with several also placed on the local and uncontested calendar. The committee also adopted committee substitutes for multiple bills, including HB 3909, HB 5081, HB 5624, HB 119, HB 5138, and HB 481. At the end, the chair noted another committee meeting would likely be needed before deadlines, possibly on a weekend, and recessed the committee subject to the call of the chair.
TX
Transcript Highlights:
  • campaign donors and applies them to the residential addresses of individuals who receive a campaign expenditure
  • relieve... ...the financial strain on charitable bingo organizations by increasing the operating capital
  • to raise the amount that charities are able to maintain in their reserve account, also known as a capital
HI

Hawaii 2026 Regular Session

ECD Public Hearing - Fri Feb 13, 2026 @ 8:30 AM HST

Economic Development & Technology

Transcript Highlights:
  • Next measure is HP 2429, um, relating to tax expenditure evaluation.
  • </c> um relating to tax expenditure um relating to tax expenditure evaluation.<00:17:10.319><c> We</c
  • So being able to plan ahead of time that if you make these large capital investments upfront, there is
  • investments upfront, there is capital investments upfront, there is support<00:27:14.240><c> from</c
  • </c><00:35:12.960><c> intensive</c><00:35:13.440><c> it</c> and how much how capital intensive it and
Summary: The committee opened with HB 1813 on taxation and HB 2429 on tax expenditure evaluation, taking mostly written testimony and limited oral discussion. On HB 2429, the Tax Foundation and Department of Taxation raised privacy and federal-law concerns, warning that the bill could require taxpayers to file duplicative returns and could risk disclosure of federal tax information if released publicly. Members and witnesses discussed using anonymized or summary reporting instead of individual public release, with the department saying summarized data would be preferable and that the state can ask for the information as a policy matter, but individual public release could create problems. The committee then heard HB 2423 HD1 on biodiesel, where Pacific Biodiesel said it can supply all biodiesel needed for B5 in Hawaii without imports and asked to move the implementation date earlier to November 2027 to allow rollout planning. HB 1996 HB1 on hearing aids drew broad support; a disability access representative said earlier insurance-based efforts had run into administrative problems and that this bill would immediately lower costs for consumers. HB 1851 HD1, also related to hearing aids, received support from the Department of Labor and Industrial Relations, while the Tax Foundation argued the program would be better funded directly rather than through the tax system, citing overhead costs and blank provisions that should be filled in before passage. On HB 2546, the research activities tax credit, HCDC said the credit supports long-term R&D and should be converted from a first-come, first-served system to proration so more applicants receive some benefit; the agency described the credit as helping companies move from idea to commercialization and noted the state is leaving potential jobs and federal dollars on the table. HB 2028 HD1, relating to Labor Day for construction workers, drew support from labor representatives who said it recognizes construction workers and helps offset cost-of-living pressures, while the Tax Foundation opposed it as an industry-specific subsidy and flagged technical issues with undefined terms and blank credit amounts. The committee also heard HB 2583, HB 2490, HB 2545, HB 2114, and HB 1859 HD1. HB 2490, concerning coastal erosion at Mokuhiki Bay, received strong support from a temple representative who described severe shoreline loss, years of temporary emergency work, and the need for a long-term, nature-based solution in coordination with state agencies. HB 2545, involving HCDC and SBIR commercialization, was supported as a way to turn R&D into economic development; HCDC said it had more applications than it could fund and that the bill could help create high-wage jobs. HB 2114, the Hawaii Benefits Hub, received comments from ETS and DHS emphasizing support for the concept but cautioning that operational, policy, cybersecurity, and data-sharing standards must be carefully aligned. HB 1859 HD1 on workforce development drew strong support from workforce and philanthropic groups, who said Hawaii faces a long-term gap between projected living-wage jobs and the number of young people entering the workforce, and argued the bill would create durable infrastructure for coordination and long-term planning. No formal votes or final actions were taken in the portion of the hearing provided.
LA

Louisiana 2026 Regular Session

Ways and Means Apr 13th, 2026

Ways & Means

Transcript Highlights:
  • House Bill 2 by Representative Bacala provides for the comprehensive capital outlay budget.
  • authorizes the state, through the State Bond Commission, to sell general obligation bonds to fund our capital
  • Bond Commission meeting, the state will be selling general obligation bonds to continue to fund the capital
  • And bond proceeds are deposited into the capital outlay escrow account.
Bills: HB2, HB3
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 12th, 2026 at 05:47 pm

Senate Finance

Transcript Highlights:
  • Chairman, that's important because the legislature's concern has been an unauthorized expenditure out
  • They get 1% off the capital. I know what art in public places is, Mr. Chairman.
  • We still had to put in our own capital, which has never happened before.
  • We had to fund our own capital. We were left the fire and the reconciliation.
  • pay for the capital outlay package for higher ed.
Bills: SB190, HB247, HB8
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 12th, 2026 at 10:24 am

Senate Finance

Transcript Highlights:
  • These are the changes to the capital outlay process.
  • But yep, these are the changes to the capital outlay process.
  • Improvement Plan, ICIP, to receive capital appropriations.
  • Infrastructure Capital Improvement Plan, ICIP, to receive capital appropriations.
  • project through a capital outlay process.
Bills: SB190, HB247, HB8
NM

New Mexico 2026 Regular Session

House - Taxation and Revenue Feb 18th, 2026 at 02:07 pm

House Taxation & Revenue

Transcript Highlights:
  • The Finance Committee substitute for Senate Bill 240, as amended, appropriates $1.3 billion to capital
  • Chair, could you, when we do capital outlay projects for... let's say a backhoe, or as opposed to maybe
  • I mean, not for capital outlay bills again, but I just wanted to make that clear. Mr.
  • He works in the Department of Finance Administration, and he actually heads up our capital outlay division
Bills: SB240
NM

New Mexico 2026 Regular Session

House - Taxation and Revenue Feb 18th, 2026 at 08:43 am

House Taxation & Revenue

Transcript Highlights:
  • sections where they previously did not exist, in keeping with best practices for evaluating tax expenditures
  • Capital-intensive industries such as energy, manufacturing, and infrastructure are especially sensitive
  • Meanwhile, peer states are moving in the opposite direction, attracting capital, not taxing it away.
  • It allows local governments to contribute capital and things like infrastructure.
  • You expect us to be back later today on capital outlay? Is that what I understand, Mr. Chairman?
Bills: SB240
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Feb 24th, 2026 at 04:00 pm

Ways & Means

Transcript Highlights:
  • Signed in other on the Senate capital budget. I'll start...
  • Thank you for your work on the capital budget.
  • Senate capital budget as well.
  • CCA Capital is for the capital budget.
  • Currently, it's capital and transportation, but historically only capital has spent out of this particular
Summary: The committee heard a lengthy public hearing on the proposed Senate capital budget, Substitute Senate Bill 6003, followed by testimony on several other capital-related bills. Staff summarized the Senate capital proposal as using debt-limit bonds, CCA funds, and other cash resources for housing and homelessness, human services, local infrastructure, flood response, water conservation, clean energy, K-12 school modernization, and higher education projects. Senators and testifiers repeatedly contrasted the Senate proposal with the House version, especially on housing, permanent supportive housing, the Housing Trust Fund, and CCA-funded climate and water projects. Public testimony on the capital budget largely focused on project-specific requests or support. Housing and human services speakers urged more funding for affordable homeownership, the Housing Trust Fund, permanent supportive housing, weatherization, and preservation of manufactured housing communities. Other testifiers asked to preserve or add funding for projects including the Quinault Indian Nation courthouse relocation, food bank facilities, the Tubman Center for Health and Freedom, the Yakima Behavioral Health Hub sobering center, Ashley House, Housing Hope’s Alliance Place, the Washington State Health Home Program, the MAPS Youth Center, the American Indian Community Center’s Forever Home, the Congolese Integration Network’s welcoming and healing center, the Seattle Chinese Garden, and several tribal, community, and health-related facilities. K-12 and higher education speakers supported small district modernization, school seismic safety, Healthy Kids Healthy Schools, WSU minor works, Western Washington University minor works, and Cascadia College’s building project. Natural resources testimony centered on floodplain restoration, community forests, tribal land return, forest riparian easements, irrigation, dairy digesters, and waste tire cleanup. Speakers urged matching House funding for Floodplains by Design, the Community Forest Program, and trust land transfer, while others supported CCA-backed clean energy and climate resilience investments. In the final public testimony segment, local government and community representatives asked for support for public works assistance, a Snoqualmie Valley Food Bank facility, a Toppenish playground replacement, a Soxwattle recreation/emergency center, and the Seattle Chinese Garden. Committee members noted amendments were due the next day at noon. The committee then took public testimony on Engrossed Second Substitute House Bill 2251, which would reorganize CCA accounts into operating and capital accounts, adjust revenue distributions and allowable uses, expand tribal and overburdened-community reporting and consultation provisions, and change reporting frequency. Proponents said the bill better aligns CCA spending with climate, resilience, and equity goals, while critics argued it still lacks strong effectiveness requirements and weakens reporting. The committee also heard House Bill 2353 on raising the pre-design threshold for state capital projects from $10 million to $15 million with inflation indexing, Substitute House Bill 2133 making a senior center property tax exemption permanent, Substitute House Bill 2714 requiring caseload forecasts for SNAP and state food assistance, House Bill 2431 expanding fundraising days for nonprofit public assembly halls, and House Bill 1983 adjusting real estate excise tax treatment for timberland sold to governmental entities. Testimony on these bills was generally supportive, with some questions about the pre-design waiver process and the fiscal and policy effects of the tax and forecasting changes.
TX

Texas 89th Regular

State Affairs May 19th, 2025

State Affairs

Transcript Highlights:
  • campaign donors and applies them to the residential addresses of individuals who receive a campaign expenditure
  • would relieve the financial strain on charitable bingo organizations by increasing the operating capital
  • to raise the amount that charities are able to maintain in their reserve account, also known as a capital
Bills: HB46, HB272
Summary: The Senate Committee on State Affairs heard several House bills and took no final votes, leaving each bill pending after testimony. HB 272 would align venue and evidentiary rules for fraudulent use or possession of credit/debit card information with existing credit card abuse law; the sponsor said it would improve prosecutions, and the Texas Financial Crimes Intelligence Center supported it. HB 1661 would increase penalties for certain election-related offenses, including failure to distribute election supplies and early release of election results; no substantive opposition was heard. HB 551 would protect the residential addresses of people who receive campaign expenditures on public Texas Ethics Commission reports, similar to donor privacy protections, and a witness from Texas Eagle Forum later indicated support for the privacy change. The committee also heard HB 2820, which would raise the amount charitable bingo organizations may keep in operating capital from $50,000 to $100,000. The sponsor and a Texans for Charitable Bingo representative said inflation and operating costs have made the current cap too low and that the bill would help charities maintain stable operations without expanding gaming. HB 3181 would impose stronger consequences for repeated denial of court-ordered child possession and access, including limiting probation and requiring attorney’s fees after multiple contempt findings; a family court judge and a parent testified in support, while another witness argued the bill should be paired with stronger criminal enforcement and that parents already face high costs. HB 4157 would update Texas law for commercial spaceflight by recognizing liability waivers and preserving workers’ compensation rights; no one testified against it. The committee also heard HB 4145, which would let health care providers satisfy a timely billing requirement by sending bills to a patient’s legal representative in a personal injury case, closing what supporters described as a loophole in letter-of-protection situations. Finally, HB 46, relating to the Texas Compassionate Use Program, drew the most extensive discussion: supporters said it should expand access for legitimate medical cannabis patients and add more delivery methods and conditions, while opponents warned against broader marijuana expansion and questioned adding chronic pain and other conditions. The sponsor said he still supports the program and wants a balanced, regulated expansion, but noted the bill is still being worked on. All bills were left pending at the close of the hearing.
WA

Washington 2025-2026 Regular Session

Senate Floor Session Feb 27th, 2026 at 09:00 am

Washington Senate Floor Meeting

Transcript Highlights:
  • Then you grab another $395 million from the state's capital budget.
  • Then you grab another $375 million from the state's capital budget.
  • Then you grab another $395 million from the state's capital budget.
  • Then you grab another $375 million from the state's capital budget.
  • We actually got to fully capitalize Washington Bills, which will be a way to keep CCA at work.
Summary: The Senate met on February 23, 2026, opened with the usual roll call, pledge, prayer, and approval of the previous journal. Members then adopted Senate Resolution 8698 recognizing piano teachers, with several senators sharing personal remarks about their own teachers and the role of music education in families and communities. Guests from the Washington State Music Teachers Association and the National Guild of Piano Teachers were recognized in the gallery. The chamber then moved into budget debate, considering a series of amendments to the operating budget. Several proposals focused on housing costs, local planning, utility rates, and state spending restraint. Amendment 0772, which would have created a housing-related task force and increased funding, was rejected after debate over housing affordability and regulatory costs. Amendment 0785, restoring growth management planning funding for local governments, was also rejected. Amendment 0791, directing the Department of Commerce to study the effects of climate and clean energy laws on utility costs, and Amendment 0769, related to grid capacity and clean energy investments, were both adopted. Other amendments drew sharper partisan debate. Amendment 0798, which would have reduced the Supreme Court from nine justices to five and redirected savings to public defense, failed. Amendments 0794 and 0795, seeking funding for ballot measure costs tied to initiatives, also failed. Amendment 0799, intended to redirect Pacific Tower lease savings to developmental disability services, was rejected after discussion of the building’s current public uses. Amendment 0773, capping state spending growth and tying it to median wage growth, failed on a roll call vote, while Amendment 0777, addressing concurrent use of paid family and medical leave and sick leave by state employees, also failed after extended debate. Later, Amendment 0776 on tort liability reporting was adopted, as were Amendment 0758 creating a DSHS work group on community-based services for people with intellectual and developmental disabilities, and Amendment 0786 was introduced to reduce cash and food assistance work-related funding, with debate beginning before the transcript ends.