Video & Transcript Research : 'innovation fund'

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MN

Minnesota 2025 1st Special Session

House Education Finance Committee 2/18/25

Education Finance

Transcript Highlights:
  • aded Fund balances to their general fund aded Fund balances to their general fund Community<00:51
  • And what we've done with funds—state funds, what we've done with federal funds before and during the
  • And what we've done with funds—state funds, what we've done with federal funds before and during the
  • And what we've done with funds—state funds, what we've done with federal funds before and during the
  • And what we've done with funds—state funds, what we've done with federal funds before and during the
Bills: HF6, HF52, HF53
OK
Transcript Highlights:
  • Senate Bill 1338 creates the Education Impact and Innovation Fund.
  • So the amendment to the PCS changes the name of the fund to the Education Impact and Innovation Fund.
  • The PCS itself will create the fund. It is basically a competitive grants pool.
  • practice of what's been done in the past... both okay so the amendment to the PCS changes the name of the fund
  • to the education impact and innovation fund the PCF it's the PCS itself will create the fund it is basically
HI
Transcript Highlights:
  • Why would we create a special fund when we already have the harbor special fund?
  • We have a harbor special fund.
  • We have a harbor special fund.
  • We are currently using Harbor Special Fund revenue to fund the improvements that I described.
  • with the special fund there?
Bills: SB2816
Summary: The committees heard House Bill 2195, HD1, which would replace the existing transit accommodations tax on cruise ships with a per-passenger infrastructure fee collected by the Department of Transportation and deposited into a new cruise ship special fund. Testimony included support from Norwegian Cruise Line Holdings and comments from the Tax Foundation of Hawaii warning that the bill should remain narrowly tied to harbor-related uses to avoid potential Tonnage Clause issues. The Department of Transportation testified that cruise-related harbor work includes pier repairs, dredging, terminal upgrades, and shore power, and said a dedicated revenue stream would help prioritize cruise infrastructure needs. The Attorney General’s office said it had submitted written comments but did not address questions about the litigation or constitutional background. Members questioned whether the new special fund was necessary when the existing harbor special fund already finances similar improvements. DOT said the funds overlap and suggested the bill could be amended to use the harbor special fund with a separate cruise subaccount, while still preserving a dedicated revenue stream and separate accounting. DOT also said it currently collects port entry, dockage, and per-head passenger fees from cruise ships and that existing cruise-related expenditures from the harbor special fund have not been challenged. The chair ultimately recommended moving HB 2195 forward as introduced, while continuing discussions about the fund structure and awaiting further clarity from the Attorney General and DOT. In decision-making, the committees voted to pass HB 2195, HD1, as is. They also voted to pass House Bill 916, HD1, relating to the low-income housing tax credit, which would allow certain state low-income housing tax credits to offset state transient accommodations taxes in the same county and make Act 129 of 2016 permanent. Both the Committee on Tourism and the Committee on Economic Development and Technology adopted the chair’s recommendation to pass HB 916, HD1, unamended. The hearing was then adjourned.
AL

Alabama 2026 1st Special Session

Alabama House State Government Committee Mar 11th, 2026

State Government

Transcript Highlights:
  • , and that will assist victims of securities fraud recovering those funds or at least offsetting some
  • Um, the fund consists of fines and fees that are collected through their regulation industry and so in
  • fund dollars in it.
  • Um the fund consists of fines investors.
  • other words there's no general fund other words there's no general fund dollars<00:11:39.920>
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/4/25

Commerce Finance and Policy

Transcript Highlights:
  • to protect the general fund.
  • paying into the general fund.
  • What happened to those funds? What happened to those funds? Uh, Mr. Graves?
  • We need to be cautious with our funding if we put all of that into general fund.
  • <01:02:02.680> and fund reinsurance with general fund and fund reinsurance with general fund
Bills: HF837
US

US Federal 2025-2026 Regular Session

Hearings to examine bipartisan legislative frameworks for digital assets. Feb 26th, 2025 at 01:30 pm

Senate Banking, Housing, and Urban Affairs Subcommittee on Digital Assets

Transcript Highlights:
  • We want to promote responsible innovation and protect consumers.
  • First, let's talk about safe and responsible innovation.
  • This has pushed innovation, investment, and market activity offshore.
  • There is no mention anywhere of the Electronic Funds Transfer Act or CFPB.
  • You know, innovation is a driver of economic growth, and we've all lived through waves of innovation
Summary: The inaugural meeting of the Digital Assets Subcommittee brought a wave of excitement and anticipation regarding the future of digital assets, including Bitcoin and stablecoins. Chair Lummis expressed gratitude towards Senator Scott for establishing the subcommittee, indicating a commitment to promote responsible innovation while safeguarding consumers. Members discussed the necessity for a bipartisan legislative framework to regulate digital asset markets effectively while outlining the potential benefits such legislation could have on enhancing financial inclusion and streamlining payments. The meeting featured expert testimonies from key figures in the digital asset industry, highlighting the importance of creating clear regulatory guidance for digital assets to foster innovation without compromising consumer protections.
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:
  • By targeting SBIR funds to the very best innovators in the country, by cutting off the unserious applicants
  • The golden age of American innovation will not be won by government funding alone.
  • The SBIR and STTR programs provide small businesses early stage funding when private sector funding is
  • Mahmoud, can you speak to the impact that SBIR and STTR funding have had on Triton's ability to innovate
  • And it allows them to leverage. additional SBIR funding, up to $15 million with just SBIR funding, to
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 1st Special Session

House Education Finance Committee 3/18/25

Education Finance

Transcript Highlights:
  • stress that the current innovation stress that the current innovation statutes<00:35:56.960>
  • <00:36:10.560> The students and innovation zones. The students and innovation zones.
  • having that conversation about funding having that conversation about funding in<00:37:32.400>
  • <00:37:59.200> at districts to be able to innovate at districts to be able to innovate at
  • We want to innovate at the local level. We want to innovate at the local level.
Bills: HF630, HF1435, HF1607
US
Transcript Highlights:
  • the innovation related to our electric power generation sector.
  • For both of you, the power to rescind obligated funds rests with Congress.
  • Do you both agree that the power to rescind obligated funds rests with the legislative branch?
  • I'm executing on the laws of this body and dispersing government funds, making decisions around funding
  • So what do you see as the department's biggest challenges to fostering bolder innovation?
Summary: The meeting was convened to discuss several significant nominations, particularly focusing on Preston Wills Griffith III for Undersecretary of Energy and Dr. Dario Gil for Undersecretary of Science. The committee underscored the importance of these roles in shaping American energy policy and scientific innovation. The discussion highlighted the nominees' backgrounds, with Griffith having extensive experience at the Department of Energy and the White House, and Gil bringing expertise in quantum technology and energy research. Members expressed a strong desire to understand the nominees' perspectives on current challenges facing the energy sector, including regulatory mandates and national security concerns. The meeting concluded with a commitment to ensuring thorough evaluations of the candidates and their proposed approaches to pressing issues.
US
Transcript Highlights:
  • He is a world leader in scientific and technological innovation.
  • But you wouldn't rule out a 66% cut in NSF funding?
  • If confirmed, will you commit to funding research and development?
  • With this innovation come serious threats.
  • Is the president allowed to zero out funding for the FTC? Yes or no?
Summary: The meeting of the Senate Committee on Commerce, Science, and Transportation featured significant discussions regarding technological advancements and their implications for the future. Notably, nominations were made for key positions in the White House's Office of Science and Technology Policy and the Federal Trade Commission. Committee members expressed the importance of leading in emerging technologies like artificial intelligence and quantum computing, emphasizing that the pace of innovation is crucial for maintaining the United States' global position as a leader in technology. The discussions also highlighted the role of the FTC in protecting consumers from deceptive business practices and ensuring fair competition in the marketplace. Attendees underscored the urgency of advancing research and development in areas such as quantum computing, as evidenced by a demonstration of a new quantum chip anticipated to redefine computing capabilities across industries. Various members engaged in vibrant exchanges, showing support for initiatives aimed at bolstering innovation through public and private collaboration. Overall, the meeting set a strong agenda for pursuing future science and technology policies that ensure the U.S. remains at the forefront of global advancements.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 14th, 2026 at 10:07 am

Senate Finance

Transcript Highlights:
  • general fund next year is going to be $100 million in new recurring money.
  • Hitting our general fund because we think the general fund next year is going to be $100 million in new
  • This inclusion of innovation hubs and venture studios is critical.
  • We're going to give $37 million to so they can fund Democrat campaigns?
  • And I just don't want our tax dollars going to fund races against me.
Bills: SB151, HB8, SB177
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 13th, 2026 at 03:43 pm

Senate Finance

Transcript Highlights:
  • When do you anticipate doing the bill for the university fund? I don't know, we'll see.
  • Doing the bill for the university fund? I don't know. We'll see. That's super important.
Bills: SB151, HB8, SB177
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 13th, 2026 at 09:37 am

Senate Finance

Transcript Highlights:
  • We would encourage the committee to explore alternative funding sources.
  • And it says recurring general fund.
  • If we saved that in GRT, we wouldn't have had the funding gap.
  • for funding through the existing capital outlay process.
  • Education Major Projects Fund.
Bills: SB151, HB8, SB177
AL

Alabama 2025 Regular Session

Alabama House Apr 10th, 2025

Alabama House Floor Meeting

Transcript Highlights:
  • He's innovative and uh we're just it's He's innovative and uh we're just it's He's innovative and uh
  • So this is a self-funded plan meaning So this is a self-funded plan meaning So this is a self-funded
  • , but you as far as the self-funded plans, but all self-funded plans do have an all self-funded plans
  • So they don't regulate self-funded plans. don't regulate self-funded plans. don't regulate self-funded
  • So self self-funded we created offer it So self self-funded we created offer it So self self-funded we
TX

Texas 89th Regular

89th Legislative Session Apr 10th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • funding, and research support for a total of $33.3 billion in all. funds.
  • Increases funding.
  • It is not just simply funded by state funding.
  • Those federal funds are gone. We have to use state funds to pay it. That is an ongoing.
  • You said to fund or defund? fund to defund, defund. Yes, sir.