Video & Transcript DataContr Research : 'investment'

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TX

Texas 2025 - 89th Regular

89th Legislative Session Apr 1st, 2025 at 10:00 am

Texas House Floor Meeting

Transcript Highlights:
  • These aren't family investments or retirement accounts.
  • It has nothing to do with real investment or the Texas economy.
  • Like hedge funds and investment firms.
  • authority of the Comptroller of Public Accounts and certain political subdivisions of this state to invest
  • Referred to the Committee on Pensions, Investments, and Financial Services, HB 4334 by Gervin Hawkins
Bills: HJR4, HJR6, HB195, HB13, HB143, HB135
Summary: The meeting focused primarily on H.J.R. 4, a proposed constitutional amendment that aims to prohibit taxes on securities transactions and occupation taxes on securities market operators. Representative Meyer introduced the resolution, explaining its intention to prevent the state legislature from imposing such taxes indefinitely. The proposal received unanimous support from the Ways and Means Committee but faced scrutiny from other members concerned about its implications for equity and taxation in Texas. Key discussions highlighted the potential long-term consequences of locking in tax breaks for wealthier entities, particularly amid rising living costs for ordinary Texans.
TX

Texas 2025 - 89th Regular

Land & Resource Management Mar 27th, 2025 at 08:00 am

House Land & Resource Management Committee

Transcript Highlights:
  • " data-time="144">The person can either continue the non-conforming use until they recoup their investment
  • give an opportunity to recoup their investment, and then they
  • They want to know that their investments...
  • We want investment to continue in Texas, whether it is these companies or other corporate players.
  • Augustine grass so you can use less water is expensive and a big investment.
Summary: The meeting addressed significant bills with a focus on housing and property rights, specifically discussing HB2149 and HB2559. Representative Tepper introduced HB2149, which aims to amend amortization and non-conforming land-use procedures to better protect private property rights. The bill received testimony supporting its intent to maintain a balance between property development and municipal zoning regulations. Furthermore, Representative Patterson discussed HB2559, emphasizing the need for establishing reasonable protections against development moratoriums that affect homeowners and builders, highlighting the necessity for adequate notice and a higher threshold for moratorium approvals. Both discussions prompted vigorous dialogue and engagement among committee members as well as the public, illustrating the complexities involved in balancing growth and regulation in real estate development.
US
Transcript Highlights:
  • to place a nuclear weapon in orbit, while China is investing
  • marker="117" data-time="1392"> and result in significant costs as various DOD equities are forced to invest
  • Space Command and continued investment to advance America's strength in space.
  • We have advocated with the Department of the Army for investments there to ensure that the infrastructure
  • How important is increased investment in hypersonics if we're going to regain our military edge over
Summary: The meeting focused on the strategic posture of U.S. military capabilities with an emphasis on deterrence amid growing global threats. General Cotton from STRATCOM and General Whiting from SPACECOM provided insights into the modernization efforts of the nuclear triad. Key discussions involved the importance of maintaining control over specific frequency spectrums critical for military operations and the implications of potential auctioning of these bands. Members expressed concerns regarding the evolving landscape with adversaries like China and Russia, emphasizing that swift action is needed to adapt and preserve U.S. national security. Various proposals and existing programs, including the B-21 bomber and the nuclear-armed sea-launched cruise missile (SLICOM), were debated, alongside the necessity of increasing military investment in hypersonic defense systems.
TX

Texas 2025 - 89th Regular

Natural Resources Apr 24th, 2025 at 08:04 am

House Natural Resources Committee

Transcript Highlights:
  • Chairman, for your leadership and investment in this generational issue, and for your willingness to
  • The Texas 2036 projects that the state will need to invest at least $154 billion.
  • This bill lays the historic foundation for the investment
  • span marker="181" data-time="1080"> ...deteriorate over time, so it's really good to prioritize investment
  • This means that a lot of the local communities have to make an upfront investment to do that on preliminary
Bills: SB7
Summary: The committee meeting primarily focused on Senate Bill 7, which aims to enhance Texas's water infrastructure amid growing population and environmental challenges. Various stakeholders, including representatives from engineering firms, environmental organizations, and water associations, testified in support of the bill, emphasizing its potential to address pressing water supply issues and improve infrastructure reliability. Key topics of discussion included water reuse, flood infrastructure funding, and the need for legislative oversight to ensure effective management of financial resources. The testimony underscored the importance of adapting to aging water systems while promoting innovative solutions for sustainability.
TX

Texas 2025 - 89th Regular

Nominations Apr 14th, 2025

Senate Nominations Committee

Transcript Highlights:
  • and strategic investment.
  • In my investment banking career, I spent over 30 years in
  • investment banking.
  • With investment companies looking at businesses, that was
  • , it's to make sure I understand what we're investing in.
Summary: The Senate Committee on Nominations convened to address various nominee confirmations, highlighting the significance of higher education and environmental management. Discussions centered around the responsibilities of the Brazos River Authority and the need for effective cooperation with the legislature and other state authorities. Several senators raised concerns regarding the agricultural runoff affecting impaired streams leading into the Brazos River. The committee emphasized the importance of stewardship, collaboration, and facilitating a balance between resource utilization and environmental protection.
TX
Transcript Highlights:
  • If you go to slide 4, you will see how the eligibility in terms of jobs and investment is determined,
  • jobs and capital investment to qualify for the program.
  • assault aircraft program, which will create 400 new jobs and entail 429 million in new capital investment
  • That's how we maximize taxpayer investment and prepare students for high-demand careers.
  • boards by investing in and making sure that there is this conversation and greater transparency about
Summary: The meeting of the committee focused on various bills aimed at workforce development and economic growth, particularly in rural areas. Key discussions revolved around Senate Bill 2448, which aims to support rural small businesses and enhance technical assistance in workforce development. Testimonies from several stakeholders underscored the necessity of aligning education with local workforce needs, showcasing the lack of resources in rural regions. The testimony highlighted how the proposed bills could bridge the gap between education and employment opportunities for Texans, especially focusing on youth who are disconnected from education and the workforce.
TX

Texas 2025 - 89th Regular

Appropriations Feb 19th, 2025 at 10:30 am

House Appropriations Committee

Transcript Highlights:
  • So I think that kind of investment we already have.

  • And as a mature pension fund, most of our benefits are being paid out by investment returns.
  • $104 billion worth of investments.
  • On the federal side, the Infrastructure Investment and Jobs Act, or IIJA, has expired.
  • We also work with our own districts on investments in projects like Interstate 40.
Summary: During this committee meeting, the focus was on discussing critical infrastructure funding, especially related to water supply and flood mitigation projects. Chairwoman Stepney and the Water Development Board presented extensive details regarding the Texas Water Fund, which included $1 billion appropriated to assist various financial programs and tackle pressing water and wastewater issues. Additionally, funding allocations aimed at compromising the state's flood risk and improving water conservation were hotly debated, emphasizing collaboration among committee members and the necessity of addressing community needs in such projects.
TX

Texas 2025 - 89th 2nd C.S.

Intergovernmental Affairs Aug 22nd, 2025 at 10:08 am

House Intergovernmental Affairs Committee

Transcript Highlights:
  • The state has invested heavily in behavioral healthcare.
  • Texas needs more investment in maintaining and improving.
  • You're investing in infrastructure, which I'm required to do. I mean they...
  • It did so knowing that there would be a return on our investment.
  • We do need to invest. We're okay with that, by the way.
Bills: HB26, HB73, SB14, HB46
Summary: The committee meeting primarily focused on discussions surrounding fiscal responsibility in local governments, particularly the implications of House Bills 46 and 73. Proponents argued that these bills would help limit unnecessary spending and ensure that expenditures are tied to inflation and population growth, addressing taxpayer concerns about rising local budgets. However, numerous city officials and representatives from various organizations voiced strong opposition, claiming that these measures would hinder essential services and infrastructure improvements, particularly in rapidly growing areas. Current spending practices were deemed inadequate for meeting the demands of public safety and community services, especially in light of increased costs in areas like public water systems and emergency response. The meeting was characterized by passionate debate, as stakeholders lined up to express their views both for and against the proposed legislation.
TX

Texas 2025 - 89th Regular

Ways & Means Mar 3rd, 2025 at 10:00 am

House Ways & Means Committee

Transcript Highlights:
  • Capital investment increases the return on investment, which
  • This will continue to move the meter as other companies decide where they're going to put investment
  • Thanks to my colleague a couple of seats away, we now invest some of that ESF money.
  • So you could invest that into your employees, into the...
  • ...is the most mobile of all capital investments.
Bills: HB8, HB9, HJR1, HB22
Summary: The meeting focused on discussions surrounding bills HB9 and HCR1, aimed at providing tax relief and addressing disparities between residential and commercial taxpayers. Members expressed concerns over the rising property taxes and the burden small businesses have faced, particularly due to recent economic conditions. Testimonies from various stakeholders, including representatives from the Texas Oil and Gas Association and the Texas Association of Manufacturers, emphasized the need for equitable tax policies that would benefit all taxpayers. The committee was engaged in vibrant discussions, evaluating the implications and potential benefits of the proposed legislation.
TX

Texas 2025 - 89th Regular

Education K-16 (Part I) Apr 3rd, 2025

Senate Education K-16 Committee

Transcript Highlights:
  • 438"> And for the two systems working so well together, there is going to be some need for money investments
  • It represents a strategic investment in the educational and economic future of Texas.
  • investment from across the nation and beyond.
  • An educational pipeline that will make them more comfortable in making these investments in the state
  • billions of dollars of investments coming to add to our tax
Summary: The Senate Committee on Education convened to discuss several important bills, prominently featuring Senate Bill 2361, which proposes the transition of the University of Houston-Victoria into the Texas A&M University System. Testimonies from community leaders such as Mayor Dwayne Crocker highlighted the significant positive implications this shift could have for local education and economic development. The consensus was that the integration would not only elevate educational opportunities but also enhance the region's workforce alignment with industry needs, particularly in fields like engineering and agriculture. Additionally, SB 530 was introduced, focusing on removing restrictions on which accrediting bodies universities can engage for accreditation, a move that aims to modernize Texas educational regulations to align with recent federal changes.
TX

Texas 2025 - 89th Regular

Business and Commerce (Part I) Apr 8th, 2025

Senate Business & Commerce Committee

Transcript Highlights:
  • Additionally, investing in infrastructure upgrades such as modern grid connections is essential.
  • And now you all are here before us asking for some investment on behalf of the taxpayers.
  • My final question is, do we have the workforce needed for this investment?
  • Then you can apply for those investment and production tax credits.
  • made in these companies or investments these companies are making themselves.
Summary: In this committee meeting, a wide range of topics were addressed, notably the advancement of nuclear energy in Texas. The committee discussed Senate Bill 2967, aimed at exploring innovative energy technologies and the role of nuclear power in ensuring energy security. Several expert testimonies were heard, including insights from former PUC Commissioner Doug Robinson, who emphasized the potential of modular reactors and necessary state support to navigate the financial challenges commonly faced by nuclear energy projects. The committee's focus was on understanding current nuclear technology stages, determining required state incentives, and assessing the overall energy landscape in Texas.
TX

Texas 2025 - 89th Regular

Appropriations Feb 19th, 2025 at 10:02 am

House Appropriations Committee

Transcript Highlights:
  • We had a good year last year in terms of investment returns.
  • And that is exactly how we design our investments and our portfolios to make sure that...
  • As a mature fund, most of our benefits are being paid out by investment returns.
  • That is our 10-year plan, which includes $104 billion worth of investments.
  • We work with our own districts on investments on projects like Interstate 40.
Summary: The meeting focused on significant discussions surrounding the Texas state water planning process and flood mitigation efforts. During the session, experts presented on the need for an adaptive and collaborative approach to manage Texas's water resources. A particular emphasis was placed on the upcoming updates to the state water plan, which aims to address projected shortages and enhance infrastructure to handle both drought and flood conditions. The collaboration involved regional groups who play a vital role in identifying community needs regarding water infrastructure development.
TX

Texas 2025 - 89th Regular

89th Legislative Session Mar 24th, 2025 at 02:03 pm

Texas House Floor Meeting

Transcript Highlights:
  • span marker="34" data-time="198"> HB 3475 by Joe Moody relates to the evaluation and reporting of investment
  • practices and performances of certain public retirement systems, referred to the Committee on Pensions, Investments
  • HB 3495 by Ben Baumgartner relating to the investment and management
  • officers' public retirement system for certain municipalities, referred to the Committee on Pensions, Investments
  • transparency for bonds issued by local governmental entities, referred to the Committee on Pensions, Investments
Summary: In the recent committee meeting, a wide array of bills were discussed, including significant topics such as education reforms, public health initiatives, and environmental regulations. Members engaged in a robust discussion regarding HB3478, which relates to definitions of child abuse and neglect, where concerns were raised about the implications for vulnerable children. Additionally, HB3487 sparked debate over tax collection practices that affect restaurant owners involved in oyster shell recycling programs, highlighting the balance between environmental sustainability and business concerns.
TX

Texas 2025 - 89th Regular

Economic Development Apr 7th, 2025

Senate Economic Development Committee

Transcript Highlights:
  • It eliminates a tool that has helped to attract roughly $120 billion of clean energy investment in Texas
  • the required jobs and capital investment to qualify for the
  • 400 new jobs and $429 million in new capital investment.
  • That's how we maximize taxpayer investment and prepare students for high-demand careers.
  • Boards by investing in and ensuring that there is this conversation and greater transparency about how
Summary: The meeting included rigorous discussions on several bills related to energy policy and local government incentives. Notably, SB1754 was a central focus, where many members voiced concerns about its implications for renewable energy projects, suggesting it might hinder the growth of solar and wind energy in Texas. Testimonies from stakeholders, including local residents and industry experts, illuminated the tension between economic incentives for renewable energy and community concerns over land rights and environmental impact. Additionally, the introduction of Senate Bill 1534 concerning workforce development in nuclear and radiological safety drew attention as Texas grapples with a skilled labor shortage in these critical sectors.
TX

Texas 2025 - 89th Regular

Business and Commerce Mar 25th, 2025

Senate Business & Commerce Committee

Transcript Highlights:
  • bills from reflecting real-time market fluctuations and could potentially hinder infrastructure investments
  • HPA Capital Management is a well-respected investment

  • If it files an update application, it prompts the PUC to review its operating expenses, investments,
  • Because rates must be just and reasonable, utilities must invest in...
  • I mean when you add investment, you have to put that in rates.
Summary: The committee meeting was marked by extensive discussions surrounding various bills aimed at strengthening Texas's role in financial and regulatory frameworks. Significant emphasis was placed on Senate Bill 1239, presented by Senator Milton, which seeks to bolster Texas's position in global financial markets by amending existing laws related to sovereign debt. This bill aims to position Texas as a reliable jurisdiction for handling sovereign debt issues. Public testimony was heard, with several industry experts expressing support for the bill, highlighting the need for Texas to compete effectively with established financial jurisdictions like New York. The committee voted favorably on multiple bills, indicating a proactive approach to addressing legislative needs.
TX

Texas 2025 - 89th Regular

Senate Session Mar 6th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • What you do for our community and the investment that

  • Its resultant inflation has caused individuals, investment
  • This bill will allow Texas to diversify our investment

  • approach, participate competitively in the investment market, and leverage the benefits of Bitcoin and
  • data-time="3528"> I believe that the Comptroller, in certain accounts, as well as ERS and TRS, can invest
Summary: The meeting focused on several significant bills, including SB703, which addresses the criminal and licensing implications for various massage establishments and was aimed at aligning state laws with federal regulations by closing existing loopholes. Senator Zaffirini played a vital role in facilitating discussions on multiple bills, including SB21, which proposes the establishment of the Texas Strategic Bitcoin Reserve, emphasizing the need for Texas to explore forward-thinking financial strategies amidst federal monetary inflation concerns. Additionally, SB790, aimed at streamlining the resolution process for tenant-landlord disputes regarding water and wastewater billing, was also presented, drawing attention to due process concerns but ultimately supported for its efficiency improvements.
TX

Texas 2025 - 89th Regular

89th Legislative Session Mar 31st, 2025 at 04:03 pm

Texas House Floor Meeting

Transcript Highlights:
  • This is referred to the Committee on Pensions, Investments
  • auditing requirements for digital asset service providers, referred to the Committee on Pensions, Investments
  • of certain eviction case information from credit reports, referred to the Committee on Pensions, Investments
  • hold, and use mutually agreed-upon mediums of exchange, referred to the Committee on Pensions, Investments
  • hold, and use mutually agreed-upon mediums of exchange, referred to the Committee on Pensions, Investments
Summary: The committee meeting primarily addressed various proposed bills concerning public safety, education, and taxation. Notably, HB4250 was discussed, relating to emergency power sources for nursing facilities. During the session, several amendments were proposed, leading to an in-depth discussion on the adequacy of the current infrastructure to support emergency generators, especially in light of recent events. The committee members also engaged in conversations regarding H.J.R. 172, a proposed constitutional amendment aimed at tax exemptions for residential properties, which sparked considerable debate about its fiscal implications.
TX

Texas 2025 - 89th Regular

Land & Resource Management May 22nd, 2025 at 08:05 am

House Land & Resource Management Committee

Transcript Highlights:
  • 235" data-time="1404"> Historic properties support small businesses, attract visitors, and drive investment
  • sustainable development, as seen from Fredericksburg's Main Street to Galveston's Strand and the major investments
  • We need to recognize that when people make investments, they're doing it with a return on investment
  • We've made the investment. We've applied for the grants.
  • Investments—it is this owner's wishes to make a bad choice
Bills: SB2215, SB2639
Summary: The meeting focused on the review of two bills: SB2215 and SB2639. SB2215, presented by Representative Alders, aims to enhance property owners' rights by clarifying their ability to challenge municipal zoning ordinances that are improperly enacted without due process. The bill garnered support from various stakeholders who emphasized the need for accountability in zoning practices. Conversely, SB2639 sparked significant debate, as it seeks to provide further transparency in historic designations and ensure fair compensation for property owners impacted by such designations. Testimonies from developers and preservationists highlighted the ongoing tension between property rights and the safeguarding of historic sites, illustrating the complexities and implications of these bills on Texas communities.
TX

Texas 2025 - 89th Regular

Finance Apr 2nd, 2025

Senate Finance Committee

Transcript Highlights:
  • Every dollar you invest is going directly to the services provided in rural Texas, and we can't express
  • It's going to be determined using an expected investment return of not greater than 7%, so that's going
  • You can do things within the ESF regarding investments that
  • I applaud Comptroller Hager and the decisions made four to six years ago in which actual investments
  • Yes, the investment income in the ESF will continue to be in the ESF, but the actual amount of money
Summary: The meeting of the Senate Committee on Finance included the introduction of SB1337 by Senator Krayton. This bill aims to provide a fair and accurate system for calculating tax obligations, mandating the comptroller to assess penalties only on the net tax due from a taxpayer rather than allowing overpayments to offset underpayments under limited circumstances. Senator Krayton elaborated on how the bill ensures that taxpayers who overpay can use that surplus to cover any underpaid taxes of the same type, ensuring fairness for both the state and taxpayers. Several discussions ensued regarding the administration of the bill, with contributions from various members including representatives from the Comptroller's Office.

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