Video & Transcript Research : 'loan modification'

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MN

Minnesota 2025-2026 Regular Session

House Agriculture Finance and Policy Committee 4/15/26

Agriculture Finance and Policy

Bills: HF3548
Summary: The Agricultural Finance and Policy Committee met on April 15, 2026, approved the April 13 minutes with a correction to Assistant Commissioner Peter Kesset’s name, and then took up House File 3548. The bill, moved by Chair Anderson for re-referral to Ways and Means, centered on the farmer down payment assistance program and the Department of Agriculture’s budget and policy provisions. Anderson described the DE4 amendment as compromise language that reserved up to 25% of funds for applicants with purchase contracts, removed a proposed marijuana exclusion, and allowed appropriated funds to remain available through June 30, 2030 rather than reverting to the general fund at the end of the biennium. Laura Schreiber of the Land Stewardship Project testified in support, emphasizing the importance of keeping funds available and urging that grants remain capped at $20,000 so more farmers could participate. The committee then adopted several amendments. A23, described as the governor’s budget request and department policy bill, was adopted and included moving the Emerging Farmers Office into the Agricultural Marketing and Development subdivision, combining some reports into the Agri report, and addressing delegated authority with MDA. A17, allowing certain eggs past their quality assurance date to be donated to food shelves under specific handling requirements, was adopted. A18, adjusting per diem rates for certain non-representative committee members, was adopted. A19, shifting about $20,000 to support farm land transition services such as mediation, contracts, financial planning, tax preparation, estate planning, and housing assistance, was also adopted. A22, which combined funding for wolf depredation claims and the local food purchasing program, drew the most debate. Representative Smith questioned why the two items were combined and sought to divide the amendment, but staff said that would be problematic because the funding changes were interdependent. Supporters said the amendment would pay about 80% of wolf-loss claims and add money for local food purchasing, while opponents argued the local food need was greater and the wolf depredation approach was not the best use of funds. The roll call on A22 was confusing in the transcript, but the amendment ultimately prevailed. A21, which would have removed a physical-contact requirement for farm cervidae containment, failed on a 7-7 tie after opponents argued it would weaken disease protections and supporters said the fencing costs were driving deer farmers out of business. Hansen then declined to move A24, which would have advanced a paraquat ban, saying there was no agreement and he did not want a negative vote at that time. After the DE4 as amended was adopted, the committee took a final roll call on House File 3548 as amended. The bill failed on a 6-8 vote and was laid over. In closing, members on both sides said the bill contained useful provisions for farmers, but disagreement over the unresolved paraquat issue prevented the committee from advancing it.
MN

Minnesota 2025-2026 Regular Session

House Agriculture Finance and Policy Committee 2/23/26

Agriculture Finance and Policy

Transcript Highlights:
  • I've<01:02:29.200> been<01:02:30.559> in I’ve been in discussion with an FSA loan
  • essential component to me being able to make that purchase, as I will be taking advantage of an FSA loan
  • will be taking advantage of an FSA loan. will be taking advantage of an FSA loan.
  • They already got a loan ready to make up the rest?
  • They already got a loan ready to make up the rest?
Bills: HF3508, HF3548, HF3549
MN

Minnesota 2025-2026 Regular Session

House Agriculture Finance and Policy Committee 3/23/26

Agriculture Finance and Policy

Transcript Highlights:
  • or funding to be banks and get loans or funding to be able<00:45:09.280> to<00:45:09.359>
  • Oftentimes our farmers are trying to access Farm Service Agency direct loan services, and it's really
  • to access farm service agencies um to access farm service agencies um direct<00:55:58.079> loan
  • <01:01:21.599> um<01:01:21.680> and piecing together those FSA loans um and piecing
  • together those FSA loans um and largely<01:01:22.400> looking<01:01:22.640> for<01:01:
MN

Minnesota 2025-2026 Regular Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 4/8/26

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • We had over 80 small business emergency loans and close to a dozen loan guarantees.
  • We had over 80 small business emergency loans and close to a dozen loan guarantees.
  • We had over 80 small business emergency loans and close to a dozen loan guarantees.
  • We had over 80 small business emergency loans and close to a dozen loan guarantees.
  • loans would only deepen this crisis. loans would only deepen this crisis.
Bills: HF4477
US
Transcript Highlights:
  • Modifications and even debt forgiveness to mask nonperforming loans loan forgiveness does not manage
  • All sorts of loans. Not just SBA loans. Loans that have helped create or retain 2,200 jobs.
  • When we provide loans, we're not just providing loans to paper. We're providing loans to people.
  • larger loans— and a larger loan for us is a loan over $75,000— are people coming to us with insufficient
  • And the 7A loan program is healthy. Ninety-nine percent of loans are healthy.
Summary: The committee meeting focused on discussions regarding the SBA's 7A loan program and its implementation challenges. Members raised significant concerns about recent changes to the underwriting standards, which have been criticized for leading to an increase in loan defaults. Ranking members expressed a desire for a return to stronger guidelines to protect taxpayers and ensure the program remains a viable source for small businesses struggling to secure funding. Testimonies from community lenders highlighted their efforts to support underserved communities and stressed the importance of the Community Advantage Program.
MN

Minnesota 2025 1st Special Session

House Transportation Finance and Policy Committee 2/10/25 - Part 2

Transportation Finance and Policy

Bills: HF5
Summary: The Transportation Committee resumed consideration of House File 5, which would reduce transportation-related revenues while also providing tax relief, including a subtraction for Social Security income, elimination of the delivery fee, and a cap on automatic gas tax indexing. The committee adopted the A1 author’s amendment, which added the phrase “using existing resources,” and then proceeded to public testimony. Representative Joy described the bill as making Minnesota more affordable, while several members and testifiers raised concerns about the impact on transportation funding and road maintenance. MnDOT Commissioner Nancy Doppenberg testified that reductions in planned transportation investments would worsen pavement, bridge, and roadway conditions, reduce construction projects and jobs, and add to an already large funding gap. Committee discussion focused on the estimated revenue losses from the bill, including about $45 million in fiscal year 2026 and $55 million annually from repealing the delivery fee, plus additional losses from capping gas tax indexing, for a combined transportation revenue reduction of about $131 million in the 2026-27 biennium. Members also asked about bridge aesthetics, paint, transit impacts, and whether other mandates and cost increases should be considered alongside revenue reductions. Supporters of the delivery fee repeal, including the Minnesota Grocers Association and Minnesota Retailers Association, argued the fee is costly to administer, confusing to consumers, and disproportionately burdens small businesses and lower-income or disabled consumers who rely on delivery. The Minnesota Association of Townships and the Minnesota Transportation Alliance emphasized that rural and local governments face major road and bridge funding needs and warned that reducing revenue would shift costs to property taxpayers or leave projects unfunded. No final vote on the bill was taken in the portion of the meeting provided; the committee continued with testimony and member questions.
MN

Minnesota 2025 1st Special Session

House Transportation Finance and Policy Committee 2/10/25 - Part 1

Transportation Finance and Policy

Transcript Highlights:
  • I also see that you're making a loan to do some road stuff, right? Thank you, Mr.
  • I really want to clarify that this is a special situation where it is really a loan, not to make money
  • /c><00:56:58.680> um<00:56:59.240> Cher<00:56:59.599> zelli there met Council loan
  • um Cher zelli there met Council loan um Cher zelli talked<00:57:00.680> quite<00:57:00.839>
  • spend trunk highway dollars on state road construction, so that's not specific to the Met Council loan
Bills: HF5
Summary: The committee began with member and staff introductions, then heard an overview of the governor’s transportation budget recommendations from fiscal staff Andy Lee. He explained that the spreadsheet showed only proposed changes, not base spending, and highlighted General Fund and trunk highway adjustments for MnDOT and the Department of Public Safety, including operating changes, extensions of prior appropriations, increased state road construction and Blatnik Bridge authority tied to anticipated federal funds, State Patrol hiring and a metro headquarters item, aeronautics changes, and revenue adjustments in the Driver and Vehicle Services special revenue account. The main testimony came from Metropolitan Council Chair Charlie Zelle, who outlined three budget-related items: advancing funds to MnDOT to help coordinate a highway reconstruction with a transitway project, making Metro Mobility riders eligible for free fixed-route transit, and reducing the Metro Transit general fund appropriation by $32.454 million annually. He said the advance would speed delivery and reduce disruption, the free-fare pilot had been successful and could save money if even a small share of Metro Mobility trips shifted to fixed-route service, and the general fund reduction was manageable in the near term because of new revenue streams but could constrain future expansion and capital maintenance. Members questioned the long-term effects of the proposed reduction, possible impacts on safety, service expansion, and capital maintenance, and whether federal funding uncertainty could affect operations and bus procurement. Zelle said the cuts would not affect immediate operations but could limit future BRT, microtransit, and transitway expansion, while also noting that capital maintenance needs include platform rebuilds, track work, rolling stock, and station repairs. He also said the 2023 funding package had accelerated projects and that the council was opening three transit lines this year. No votes or formal actions were taken in the portion provided.
AL
Transcript Highlights:
  • So, we did make all of those modifications. Then, Mr.
  • I know I noticed that as I was doing my research regarding this bill and weather modification.
  • I'm here to support House Bill 248, which would protect Alabama skies from reckless weather modification
  • It's based on federal admissions that weather... ...federal admissions that weather modification programs
  • and Atmospheric Administration and the Department of Energy have also acknowledged that weather modification
Bills: HB248, HB311
ND

North Dakota 2026 1st Special Session

Joint Appropriations Jan 21st, 2026 at 12:30 pm

Appropriations

Transcript Highlights:
  • loan fund.
  • It isn't an operating loan program.
  • And you do have to be financially solvent if you get this loan.
  • Medical Facility Infrastructure Loan Fund.
  • So if we give somebody a loan and CMS denies it, now who's on the hook, right?
Bills: HB1623
Summary: The committee first heard House Bill 1624, the “Universal Lunch Bill,” from Rep. Mike Nathie. He argued the proposal should be placed in Century Code rather than the Constitution so future legislatures can adjust it if state finances tighten, and said the bill would start the program a year earlier with a $65 million appropriation for one school year. DPI testified that the estimate did not include nonpublic schools that do not participate, and members questioned the impact on Title I, free-and-reduced applications, private-school accountability, breakfast mandates for schools that do not currently serve breakfast, and whether the funding could come from the DPI budget or other sources. Supporters, including North Dakota United, the North Dakota Catholic Conference, a pediatrician, and the American Heart Association, said universal meals improve student health and learning, reduce family costs, and are better handled in statute than by constitutional amendment. No opposition testimony was offered, and the chair closed the hearing for later work-session action. The committee then took up House Bill 1627, introduced by Rep. Tye Dressler, which would raise the income threshold for the state-funded school lunch program from 225% to 300% of poverty, with an estimated cost of about $7 million for 2026-27. Dressler said the bill is intended as a targeted, budget-friendly alternative to the ballot measure and emphasized that the state should maximize federal meal dollars while improving participation in the current program. Members questioned whether raising the threshold would actually increase utilization, whether a dollar amount would be clearer than a percentage, and how the change would affect federal reimbursements and application rates. DPI said it could quickly calculate additional percentage levels, and the chair closed the hearing, directing DPI to prepare more numbers for the work session. Finally, the committee opened Senate Bill 2403, presented by Sen. Schiable, to create a short-term bridge-loan program for financially distressed hospitals, centered on Jacobson Memorial Hospital in Elgin. The bill would authorize up to $5 million per loan, with a $10 million appropriation available on a first-come, first-served basis, and would run only through June 30, 2027. Schiable said the hospital’s debt and operating problems threaten local health care, ambulance service, and the community’s economy, and that the proposal was designed narrowly with Bank of North Dakota review to avoid creating a broad precedent. Committee members asked whether the appropriation could be reduced and whether the bank would still apply commercial feasibility and repayment standards; Schiable said yes, the bank would still evaluate the loan and could reject it if it was not sound.
ND

North Dakota 2026 1st Special Session

Joint Appropriations Jan 21st, 2026 at 10:30 am

Appropriations

Transcript Highlights:
  • We can’t afford more loans. I can tell you that we cannot afford more loans.
Bills: HB1623
Summary: The committee heard House Bill 1623, the appropriations bill tied to North Dakota’s Rural Health Transformation Program, which is funded through a new federal rural health care grant. Senator Bekkedahl explained the bill’s background, the interim committee process that developed it, and the federal conditions attached to the award, including spending deadlines, administrative cost limits, and restrictions on uses such as new construction, supplanting existing funding, and certain other costs. Legislative staff then walked through the seven sections of the bill, including appropriation authority, transfer authority, contingent appropriations for pass-through grants, procurement and public improvement exemptions, recipient reporting, legislative reporting, and immediate effective date. Commissioner Traynor and HHS staff described how the department plans to implement the program, emphasizing that the funding is intended to improve rural access, workforce recruitment and retention, technology and data connectivity, and community health initiatives. They said the department will rely on local applications, technical assistance, templates, listening sessions, and partnerships with providers, schools, public health units, tribal entities, and other community groups. Members asked about reimbursement timing, upfront costs, administrative expenses, sustainability after the five-year grant period, and whether CTE centers, public health units, gyms, grocery stores, and other community partners could participate; the department said yes, within program rules and with a focus on measurable outcomes and sustainability. Several supporters testified in favor. Mental Health America of North Dakota and the Mental Health Advocacy Network supported the bill and urged investment in community-based mental health, crisis response, children’s services, peer support, and mobile crisis teams. HIA Health described the grant as a chance to expand home-based and hospice care, noting that rural providers already have workable models but need funding to scale them. A cybersecurity representative also supported the bill, warning that the large amount of health data and AI-related tools will require strong data protection and professional support. The hearing was closed with no opposition testimony, and the committee announced it would return later in the day for further work on the bill and other measures.
MN

Minnesota 2025 1st Special Session

House Commerce Finance and Policy Committee 3/12/25

Commerce Finance and Policy

Transcript Highlights:
  • A conventional loan is a loan under the federal conforming loan limit that is not insured by VA or FHA
  • loan amount.
  • /c><00:06:33.440> the conventional loan is a loan under the conventional loan is a loan under
  • <00:07:56.599> or loan products such as personal loans or loan products such as personal loans
  • Bal loan balance to Affordable Loan Bal loan balance subordinate<00:08:21.039> lean<00:08:21.520
Bills: HF1865, HF2014, HF2028
ND

North Dakota 2026 1st Special Session

Senate Floor Session Jan 23rd, 2026 at 08:30 am

North Dakota Senate Floor Meeting

Transcript Highlights:
  • To provide an appropriation to the Bank of North Dakota to administer a loan program, to provide a transfer
  • transfer to amend and reenact Section 6-09-47 of the North Dakota Century Code relating to a rural health loan
  • program under the medical facility infrastructure loan fund, to provide an exemption, to provide for
  • Sections 3, 4, and 7 were amended into the bill to provide a loan program through the Bank of North Dakota
Summary: The Senate convened with prayer, roll call, and a quorum present, then took up second reading and final passage of several House bills related to the Rural Health Transformation Program and other matters. House Bill 1621, requiring the presidential fitness test in school physical education with exceptions and a delayed effective date, passed 43-3. House Bill 1623, appropriating federal rural health transformation grant funds and creating a related loan program and reporting structure, passed 46-0 after extensive debate about using the federal money for community health, infrastructure, and sustainability. House Bill 1622, joining the physician assistant licensure compact, also passed unanimously 46-0. House Bill 1625, authorizing the Ray Richards Golf Course land sale to support a Grand Forks transportation project and golf course improvements, passed 46-0. House Bill 1626, clarifying that the primary residence credit is applied after the early payment discount so taxpayers receive the full $1,600 benefit, passed 40-6.
ND

North Dakota 2026 1st Special Session

Senate Floor Session Jan 22nd, 2026 at 08:30 am

North Dakota Senate Floor Meeting

Transcript Highlights:
  • new loan program.
  • Subsection 3 ...a new loan program. The bill draft we have is just that.
  • Now, this amount that would be loaned out is now part of that medical facility infrastructure loan.
  • So the expiration date is to handle a loan up for the 11 years.
  • So that's necessary so that the bank can continue the loan process.
Summary: The Senate convened with prayer, the Pledge of Allegiance, and a quorum present. It adopted the procedural employment committee report naming Senate staff for the special session. The chamber then took up several health-care and appropriations measures, first adopting amendments to Senate Bills 2401, 2402, and 2403 before moving them to final passage. Senate Bill 2401 passed 44-2 and requires physicians to complete at least one hour of continuing education in nutrition and metabolic health, part of a broader rural health care package. Senate Bill 2402 passed 46-0 after major amendments negotiated between the medical and pharmacy boards; as amended, it expands pharmacists’ prescriptive authority and therapeutic substitution in limited areas while excluding categories such as antidepressants, antipsychotics, chemotherapy agents, Schedule II drugs, biological products, and narrow therapeutic index drugs. Supporters said it would improve rural access and help secure rural health transformation funding, while questions focused on how pharmacist competence would be measured and enforced. Senate Bill 2403, also passed 46-0, creates a short-term medical facility emergency operating loan program through the Bank of North Dakota, reduced by amendment from $10 million to $5 million, to help a financially distressed rural hospital. Senators discussed the hospital’s mismanagement, the need for a bridge loan, and safeguards including a limited application window and expiration in 2027. Senate Bill 2404 passed 46-0 and provides supplemental appropriations to the Information Technology Department for ADA-related website accessibility compliance and to the Public Service Commission for additional legal costs in federal energy-rate litigation. The Senate then made announcements about a Highway Patrol safety presentation and filing deadlines, excused an absent member, and adjourned until the next morning.
ND

North Dakota 2026 1st Special Session

Senate Floor Session Jan 21st, 2026 at 08:30 am

North Dakota Senate Floor Meeting

Summary: The Senate convened in special session with prayer, the Pledge of Allegiance, and roll call establishing a quorum of 45 members present and two absent. The chamber received certification from the Secretary of State and the governor’s executive order calling the special session to address funding for the Rural Health Transformation Program and to act quickly to accept and appropriate federal funds. The main action was adoption of the procedural rules for the extraordinary session. Senator Klein explained the proposed rule changes, which were designed to speed up consideration of bills during the short session, including limits on bill introduction, same-day second reading and final passage, elimination of standing committees for the session, creation of a Joint Policy Committee and Joint Appropriations Committee, and authorization for remote testimony and limited remote participation. The procedural committee’s report on these rules was adopted without opposition. The Senate also adopted reports naming members to the Joint Policy Committee and Joint Appropriations Committee. Announcements noted that the Senate Employment Committee, Joint Policy Committee, and Joint Appropriations Committee would meet later that morning, that the Senate would not reconvene at 4 p.m., and that a Highway Patrol presentation on legislator safety would be held. The Senate then moved through the listed orders of business and recessed, planning to meet in joint session with the House before adjourning until Thursday, January 22, 2026.
WY

Wyoming 2026 Regular Session

Senate Corporations, Elections & Political Subdivisions Committee, February 11, 2026

Corporations, Elections & Political Subdivisions

Transcript Highlights:
  • the law governing mortgage modifications the law governing mortgage modifications in<01:15:42.960
  • of a mortgage modification of a mortgage modification not<01:19:18.400> described<01:19:19.360
  • The idea is to give them modification.
  • Senator Boner. the priority of a mortgage modification the priority of a mortgage modification not<01
  • modifications not described in B. modifications not described in B.
AZ

Arizona 2026 Regular Session

01/28/2026 - House Science & Technology

Science & Technology

Transcript Highlights:
  • electronic equipment sold or used in the state if the owner of the electronic equipment makes a modification
  • electronic equipment sold or used in the state if the owner of the electronic equipment makes a modification
Summary: The House Committee on Science and Technology convened for its first meeting of the session, with members and staff introducing themselves and the chair reviewing committee rules and amendment deadlines. The committee then heard several bills focused on technology policy, infrastructure security, and a new study committee on assistive technology. Testimony was generally supportive of the bills’ goals, though several members raised concerns about implementation, costs, and the role of the Arizona Corporation Commission on the infrastructure bill. HB 2121 would prevent manufacturers from disabling consumer electronic devices when owners make modifications, such as using third-party parts or firmware changes, and would allow owners or the Attorney General to sue for damages. After discussion about consumer ownership, security, and possible manufacturing impacts, the committee adopted the Fink amendment narrowing the bill to consumer products and gave HB 2121 a do pass recommendation by a 7-1 vote with one present. HB 2134 would restrict Chinese-produced equipment from critical infrastructure and limit contracts with Chinese companies; the sponsor and supporters framed it as a national security measure, while opponents focused on cost, implementation, and utility coordination. The committee heard testimony from the Arizona Corporation Commission, which said the bill would require new staff and resources, and from outside witnesses who said the bill was prospective and aligned with federal restrictions. HB 2134 passed 5-4. HB 2451 would adjust Arizona Space Commission board terms, extend the strategic plan deadline, and add astronautic educational opportunities to the commission’s duties. Supporters described the commission as a bipartisan effort to grow Arizona’s space industry, and the bill passed 8-0. HB 2700 would create a Technology Study Committee focused on assistive technology and technology-first approaches for people with disabilities. The sponsor and a constituent advocate described how assistive technology can improve independence and service delivery, and members expressed support for the concept. After adopting the Connolly amendment, the committee approved HB 2700 as amended by an 8-0 vote. The committee then adjourned.
KY

Kentucky 2026 Regular Session

Interim Joint Committee on Judiciary (7-2-26)

Judiciary

Transcript Highlights:
  • One of them is with solar radiation modification, where they add a material to the upper atmosphere to
  • During the Vietnam War in 1967, Operation Popeye was a classified military weather modification program
  • where they add a material modification where they add a material to<00:03:10.080> the<00:03:10.239
  • program that they carried modification program that they carried out<00:04:42.639> during<00:
  • Seeding, solar radiation modification—seeding, solar radiation modification, which is SRM—fourth
Bills: HB60