Video & Transcript DataContr Research : 'private investment'

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TX

Texas 2025 - 89th Regular

Appropriations - S/C on Articles VI, VII, & VIII Feb 25th, 2025 at 08:00 am

House Appropriations - S/C on Articles VI, VII, & VIII

Transcript Highlights:
  • investments for the Board of Nursing, will help us get our hands...
  • So that's why historically the state has invested in those resources.
  • In closing, I'm asking you to invest more in the Texas.
  • Or you'd be doing other things in the private sector.
  • So that's why historically the state has invested in those resources.
Summary: The meeting primarily focused on budgetary recommendations and exceptional item requests from various state agencies, with a significant emphasis on enhancing staffing and operational capacities. Key discussions revolved around the funding requests that support improved service delivery, particularly for the Funeral Service Commission and the Veterinary Medical Examiners. Members expressed concerns regarding staff retention and the need for salary adjustments to align compensation with market standards, seeking to decrease turnover rates and maintain effective service levels. Public testimonies reflected support for the agencies' requests while also raising some concerns about fee increases to accommodate budgetary needs. The chair concluded with expectations of further discussions on residual budgetary items in subsequent meetings.
TX

Texas 2025 - 89th 1st C.S.

Disaster Preparedness & Flooding, Select Jul 23rd, 2025 at 09:07 am

House Disaster Preparedness & Flooding, Select Committee

Transcript Highlights:
  • And now we're at a place where we have private property issues.
  • So anything that can have private insurance or is privately owned...
  • That's why we've invested more than $187 million over the...
  • We have a lot of money invested.
  • So, at the end of the day, don't you all invest in the community?
Summary: The committee meeting focused on flood management and response strategies following the recent devastating floods in Texas. Notably, discussions centered around the creation of a flood infrastructure fund and Senate Bill 8, which aims to improve regional flood planning processes. Several experts provided insights into the challenges faced during the floods, including communication barriers, emergency response efforts, and the need for better coordination among local and state agencies. Public sentiments were shared regarding the necessity for improved flood prevention measures, conservation plans, and the expansion of existing infrastructure to cope with future climatic challenges.
TX

Texas 2025 - 89th Regular

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

Senate Education K-16 Committee

Transcript Highlights:
  • span marker="43" data-time="252">The TSTC Board of Regents will administer the fund, which will be invested
  • in the manner and according to the standards provided for the investment of the permanent endowment.
  • TSTC yields a strong return on investment.

  • It takes an average of 11 years in the workforce to regain the investment for a bachelor's degree.
  • A bachelor's degree has an average of about 681% lifetime return on investment with a median lifetime
Summary: The meeting of the Senate Committee on Education covered various significant bills focused primarily on improving educational accessibility and accountability in Texas. Notably, Senate Bill 2252, aimed at supporting kindergarten readiness and early literacy, received a commendable endorsement from the committee, showcasing a unifying approach towards enhancing foundational education. Additionally, Senate Bill 1962, concerning public school accountability, stirred proactive discussions about the challenges faced by school systems, further bringing forth various stakeholder insights during public testimony. The atmosphere remained engaged as committee members debated the efficacy and implications of each proposal, reflecting a strong commitment to enhancing educational standards across the state. As the meeting progressed, various senators championed their respective bills, emphasizing the importance of flexibility in standardized college entrance exams as highlighted in Senate Bill 1241. The bill proposes to expand acceptable exams beyond the traditional SAT and ACT, reflecting a modernized approach to student assessments. Senators and representatives from key educational organizations contributed testimony, solidifying support for such measures while advocating for the continuous dialogue on educational reforms. With multiple bills reported favorably to the full Senate, the session exemplified a dedicated effort towards fostering educational advancements in Texas.
TX
Transcript Highlights:
  • In our area, we can actually show a return on investment when we invest in water.
  • Around 20%, I think, we lose to the private sector.
  • We expect to lose folks to the private sector. That's a natural part of our business.
  • These privately located earthen dams provide over 600 million in annual benefits.
  • People invest a lot of money; they want to go catch fish out of their tank or lake.
Summary: The meeting, led by Chairwoman L'Oreal Stepney, covered several crucial topics focusing on Texas water management and the associated legislative priorities. The Texas Parks and Wildlife Department (TPWD) presented its initiatives including the implementation of a 50-hour workweek for Texas Game Wardens, the Cultivated Oyster Mariculture Program, and enhanced funding requests aimed at improving water infrastructure and conservation efforts. Notably, discussions centered around the integration of innovative practices in oyster farming to ensure sustainability and boost coastal resources. Chairwoman Stepney also highlighted the need for improved infrastructure to address water quality and supply challenges given Texas's growing population demands. In addition to water management, there was a significant emphasis on expanding the biosecurity program to combat recent agricultural threats and the establishment of a suicide hotline for farmers, reflecting the committee's commitment towards the well-being of agricultural stakeholders. The meeting concluded with a strong sense of collaboration among committee members and commitments to addressing the pressing needs concerning water resources, conservation, and agricultural safety in Texas.
TX
Transcript Highlights:
  • " to reflect the use of the Comptroller's investment authority.
  • I'm off this morning so I could come here and speak to you as both a private citizen and a member of
  • ...to make long-term investments.
  • 45U, 45Y, and 48E are unlocking billions in private investment
  • And then, 48E is an investment tax credit for new nuclear.
Summary: The meeting was characterized by a thorough examination of various bills, with particular focus on House Bill 5247, which dealt with capital cost recovery mechanisms for utilities and featured discussions on its implications for consumers. Senator Campbell presented the bill, emphasizing its balanced approach and necessity for clarity in existing utility provisions. Multiple members expressed support, leading to a unanimous vote for its approval, showcasing a collaborative atmosphere within the committee. Additionally, HCR 102 was highlighted, which sought to call attention to the importance of federal tax credits for sustaining and expanding nuclear energy in Texas. The testimony from industry experts reinforced the bill's significance as Texas seeks to maintain its leadership in energy production amidst rising demands and competitive pressures from international markets.
TX

Texas 2025 - 89th Regular

State Affairs (Part I) Apr 10th, 2025

Senate State Affairs Committee

Transcript Highlights:
  • This initiated legal challenges and debate over whether a private entity operating on public property
  • This situation highlights a broader issue of conflicting state firearm policies enforced by private entities
  • That trust is undermined when private entities operating on public land impose restrictions that exceed
  • This bill would allow any private person...
  • All while maintaining a favorable investment climate and
Summary: The Committee on State Affairs convened for a detailed examination of SB1065. The session was marked by comprehensive discussions surrounding the potential implications of this legislation. Members engaged in dialogue regarding the bill's objectives, with presentations from the bill's author and various stakeholders, highlighting differing perspectives on its necessity and impact. Public input was also sought, allowing for a range of opinions to be expressed, which enriched the deliberative process. Notably, Senator Haldeman emphasized the importance of the bill for improving community resources and addressing urgent needs in public services.
TX

Texas 2025 - 89th Regular

S/C on Workforce Apr 29th, 2025 at 08:04 am

House S/C on Workforce

Transcript Highlights:
  • Workforce investments deliver lasting returns.
  • people if you work at a private company and you file a workers' comp claim and you get fired.
  • Governor Abbott's Workforce Investment Council identified opportunity youth as a critical population
  • Recognizing this, the Governor's Texas Workforce Investment
  • When we invest in Opportunity Youth, we're not just

Summary: The meeting of the committee included significant discussions centered around various bills, particularly those related to workers' compensation, opportunity youth, and sexual harassment. Representative Patterson spearheaded a discussion on HB2369, a bill aimed at reforming the workers' compensation system for first responders, stressing the need for swift evaluations and treatment to facilitate quicker recovery. Several members voiced their support, citing the bill's importance in ensuring that injured first responders can return to work more efficiently. Public testimony highlighted personal stories that underscored the critical impact of the legislation.
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.
  • You're paid by a private association.
  • Parts of it, like many organizations that are private.
  • Texas needs more investment in maintaining and improving.
  • 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.
US
Transcript Highlights:
  • be affordable, widely available for purchase across the country, and economically viable for the private
  • Education costs are increasing, and investments are constantly made to improve the tools, infrastructure
  • We want to see farmers and ranchers succeed, and as private businesses, we must also earn an adequate
  • return to ensure that our investors keep this capital invested in the agricultural industry long-term
  • The public-private partnership that we enjoy delivers it
Summary: The meeting of the agricultural committee focused on significant concerns regarding the current state of America's rural economy, highlighting the need for a strong five-year farm bill to address the challenges faced by farmers, particularly young and beginning farmers. Key testimony was given by multiple stakeholders including agricultural leaders and young farmers, emphasizing issues related to crop insurance, access to credit, and the adverse impact of recent USDA funding freezes. Various members discussed the necessity of risk management tools that farmers rely on to secure financing, which is crucial for sustaining agricultural operations and supporting rural communities. The importance of timely legislative action was underscored, as many farmers reported struggles in the current economic climate, raising urgency for reforms within the Farm Bill framework.
TX
Transcript Highlights:
  • I think the private sector partners that...
  • The state has invested quite a bit, and when we invest quite a bit, we get hazard mitigation funding.
  • So anything that can have private insurance or is privately owned doesn't count toward the threshold.
  • Investments would not only bolster...
  • Because otherwise, why are we investing in this?
Summary: The meeting primarily focused on discussions around the recent floods in Texas, specifically addressing emergency preparedness, response coordination, and recovery efforts. Officials from various agencies provided testimonies on the challenges faced during the emergency, including issues with communication systems among first responders. Notably, the need for improved inter-agency communication and technology integration was emphasized, with recommendations for establishing regional communications units for better coordination during disasters. The audience included local government representatives and emergency management partners, who shared insights and experiences from the recent flooding events.
TX

Texas 2025 - 89th Regular

89th Legislative Session Apr 7th, 2025 at 03:00 pm

Texas House Floor Meeting

Transcript Highlights:
  • HB 5172 by Bellmon, relating to the tax plan, is referred to the Committee on Pensions, Investments,
  • HB 5175 by Bernal, relating to governing actions involving certain investment securities and priority
  • HB 5172 by Bellmon, relating to the tax plan, is referred to the Committee on Pensions, Investments,
  • and investments in financial services.
  • It was deferred to the Committee on Pensions, Investments, and Financial Services.
Summary: The committee meeting addressed significant topics, including two resolutions, HCR65 and HCR119. HCR65 commemorated the life of Tracy Lee Vincent from Longview, while HCR119 also addressed another memorial. These discussions involved motions for deferring other bills’ readings and the scheduling of a congratulatory memorial resolutions calendar. The meeting included formal recognitions of important individuals, including veterans and milestones in their contributions, illustrating the dignity of the proceedings and the respect given to public service. Additionally, the committee conducted motions to allow for committee meetings during session hours, ensuring legislative business continued smoothly despite scheduling challenges. Amidst these discussions, members recognized first responders and notable citizens whose actions had significantly impacted their communities. This highlighted the meeting's focus not only on legislative duties but also on honoring the individuals that contribute to societal welfare. The session was characterized by a spirit of collaboration and respect, as well as moments of solemn remembrance, establishing a balanced agenda that combined urgency in legislative work with the ceremonial aspects of governance. By the end of the meeting, a clear path forward was established with several motions ordered and memorials acknowledged.
TX

Texas 2025 - 89th Regular

89th Legislative Session Mar 19th, 2025 at 10:00 am

Texas House Floor Meeting

Transcript Highlights:
  • Investments from Steel Dynamics, a 1.9 billion dollar steel factory in Sinton, with
  • The investments being made by these businesses are worth billions to our state...
  • Investing in hydrogen infrastructure and technology positions Texas to attract billions in private investment
  • on pensions, investments, and financial services.
  • investments and financial services.
Summary: The meeting involved robust discussions among committee members about various bills, notably those concerning criminal justice reforms and public health matters. Significant focus was placed on speaker bills such as HB2792, which addressed a proposed moratorium on capital punishment, and HB2813, aiming to enhance notifications to victims regarding scheduled court proceedings. Additionally, notable debates unfolded around bills aimed at improving access to health care services and environmental regulations.
TX

Texas 2025 - 89th Regular

Ways & Means Apr 21st, 2025 at 01:04 pm

House Ways & Means Committee

Transcript Highlights:
  • However, in terms of investment in the state, we believe that the investment and the broader and more
  • capital that gets invested...
  • to invest.
  • Stevens is among the largest privately owned investment banking firms in this part of the United States
  • This is just a sales tax rebate for their investment.
Summary: The committee meeting focused heavily on evaluating a series of bills aimed at improving fiscal responsibility and transparency in local government borrowing. A significant discussion centered around HB19, which proposes reforms to debt issuance by local governments. Members expressed concerns that some provisions could hinder local government operations. Some stakeholders acknowledged positive aspects of the proposed reforms but highlighted potential impacts on public safety and ongoing projects due to stricter debt limits. Throughout the meeting, various representatives voiced differing opinions, contributing to a robust dialogue on improving taxpayer protections while ensuring local governments can meet community needs.
TX

Texas 2025 - 89th Regular

Appropriations - S/C on Article III Feb 25th, 2025 at 08:00 am

House Appropriations - S/C on Article III

Transcript Highlights:
  • I welcome any questions as you consider this important investment.
  • Thanks for trusting us with the state's investment.
  • Such an investment would address two important issues.
  • In other words, if the state invested...
  • It's a model investment of about a modest investment of about five million dollars that will assist Texas
Summary: The meeting focused on key funding initiatives related to mental health and higher education in Texas, highlighting the importance of sustaining the loan repayment program for mental health professionals. Public testimony underscored a significant 600% increase in applications resulting from recent funding and legislative changes, positioning Texas as a critical area for addressing mental health provider shortages, particularly in rural communities. The discussion also touched on the Behavioral Health Innovation Grant Program, which remains unfunded despite its potential to further strengthen the state’s workforce pipeline.
TX

Texas 2025 - 89th Regular

Energy Resources May 12th, 2025 at 08:05 am

House Energy Resources Committee

Transcript Highlights:
  • These transfers often occur at unregulated fuel depots established on private land to evade oversight
  • They just tripled their investment; now that 1 million is close to 3.
  • million dollar investment.
  • We're not a private bridge like Stark-Amargo is, so we don't have that issue right now in Pharr.
  • Just wanted to say that yes, we are a privately owned bridge. We are only there to help.
Bills: SB290, SB2949
Summary: The meeting featured robust discussions surrounding several bills, particularly focusing on HB2 and SB2949, which aim to establish better regulations for gas facilities and address concerns over fuel transportation. Representative Rosenthal introduced HB2, explaining its intent to improve protocols for gas installations, and shared a personal account of safety concerns that arose from similar incidents in his area. SB2949 was discussed with emphasis on curbing illegal fuel operations while protecting legitimate trade across the Texas-Mexico border. The bill drew attention due to a rise in fuel-related crimes and the need for effective tracking of fuel movements. Both bills left pending, highlighting the committee's commitment to revisiting and refining the proposed measures.
TX

Texas 2025 - 89th Regular

State Affairs May 7th, 2025 at 10:05 am

House State Affairs Committee

Transcript Highlights:
  • Large loads who invest in co-located generation should receive expedited interconnection in exchange
  • Interconnection is imperative to the investment in ERCOT.
  • if they want to make a private party contract in the future
  • ...fails to recognize how data centers invest and deploy
  • I just wanted to clarify that it only applies to existing generators being taken private.
Bills: SB6, SB11, SB33
Summary: The meeting focused primarily on Senate Bill 6, which aims to address the needs for increased reliability and transparency in Texas's energy infrastructure. There were multiple testimonies from stakeholders representing various sectors, including data centers and electric cooperatives, discussing their support and concerns regarding the bill's impact on interconnection and load management. Key issues raised included improving load forecasts, the adequacy of existing methodologies for cost allocation, and ensuring the reliability of the grid amidst the growing demand from large energy consumers like data centers. The discussion emphasized the need for a balance between fostering economic growth and maintaining grid reliability, amidst concerns about potential uncertainty for businesses due to some provisions in the bill. The committee concluded the meeting while keeping the bill pending for future deliberation.
TX

Texas 2025 - 89th Regular

State Affairs Mar 5th, 2025 at 10:30 am

House State Affairs Committee

Transcript Highlights:
  • It follows that transmission investment costs should be assigned in a manner...
  • ...generators, how many of those were private equity firms
  • So for every dollar that the legislature invests in this agency, it's saved Texas consumers $635.
  • It follows that transmission investment costs should be assigned in a manner roughly commensurate with
  • How many of those were private equity firms?
Summary: The meeting convened primarily to discuss HB5066, focusing on energy policy and power generation in Texas. Key discussions revolved around the challenges and opportunities associated with forecasting energy demand and the balance between different types of generation sources, including renewables and thermal energy. Members voiced concerns about the speed at which new power generation can be integrated into the grid, with panelists emphasizing the critical need for effective transmission enhancements to keep pace with increasing demand. Notably, members also scrutinized the historical allocation of a $5 billion fund intended for energy projects, urging a review of previous allocations before committing further funds.
TX
Transcript Highlights:
  • The program is privately funded and relies on support

  • Our database is in-house, that is private, and it has to be subpoenaed for that information.
  • The SIC process would incentivize privately owned utility
  • infrastructure investment by allowing cost recovery to begin in a more timely and efficient manner without
  • This charge enables these companies to invest in maintaining and enhancing their service capabilities
Summary: The Senate Committee on Water and Agriculture and Rural Affairs convened under the leadership of Chairman Kelly Hancock, who opened the meeting with a prayer in remembrance of Chairman Perry, who was absent due to a personal loss. The session focused on the discussions surrounding SB384, which aims to support the longstanding initiative known as Operation Game Thief. Senator Flores presented the bill, emphasizing its essential role in the fight against poaching through public support. The operation has a successful track record of convictions but is currently dependent on donations and merchandise sales for funding. The committee aimed to vote on multiple bills during this session, contingent on achieving a quorum. Notably, discussions also revolved around fiscal notes on two bills that were set aside for later consideration, indicating the committee's intention to carefully manage their legislative decisions. The meeting showcased a productive atmosphere, with committee members actively engaged in the review and potential advancement of key legislative measures.
TX

Texas 2025 - 89th Regular

Economic Development Apr 14th, 2025

Senate Economic Development Committee

Transcript Highlights:
  • I urge you to support SB2133 and invest in the future of McAllen and the Rio Grande Valley.
  • The project is expected to generate a total investment of over $500 million and will act as a catalyst
  • for private development, particularly for the adjacent 110 acres directly to the west of us.
  • invest locally.
  • two projects: the largely privately funded Dickies Arena
Summary: The committee meeting featured a comprehensive discussion surrounding several bills, notably SB1756, SB2297, and SB1483, which are aimed at restructuring hotel occupancy tax revenues and convention center funding in various municipalities. Senators expressed strong opinions about SB1756, with Senator Birdwell highlighting that limiting project financing zone revenues could severely impact cities like Fort Worth and hinder ongoing tourism development efforts. Meanwhile, local leaders from Pflugerville and Anna spoke in favor of bills supporting regional economic growth and infrastructure investment, emphasizing the increasing need for enhanced convention facilities to accommodate rising populations and attract events.
TX

Texas 2025 - 89th Regular

Natural Resources Apr 9th, 2025 at 10:30 am

House Natural Resources Committee

Transcript Highlights:
  • economy, support infrastructure, and invest in technologies.
  • We have to constantly invest in and expand them just to survive.
  • There's a reason Horseshoe Bay is the largest private airport in Texas.
  • camps and private enterprises.
  • The only reason we exist is to protect private property rights, but it's everybody's private property
Summary: The Committee on Natural Resources convened to discuss two key pieces of legislation, HB2867 and HB2876, focusing on late fees associated with water and sewer services in Texas. Representative Gates laid out HB2867, highlighting the financial implications of payment deadlines and fees that disproportionately affect low-income households. He emphasized the need for limits on late payment fees to protect these vulnerable consumers from potentially abusive practices. A committee substitute was proposed to clarify some ambiguous language within the bill, aiming to promote fairness and transparency for customers. This led to a robust discussion among members and stakeholders present at the meeting, including testimony from representatives of municipal utilities who raised concerns about local control over fee structures.

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