Video & Transcript DataContr Research : 'finance committee'

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TX

Texas 2025 - 89th Regular

Agriculture & Livestock Apr 1st, 2025 at 02:00 pm

House Agriculture & Livestock Committee

Transcript Highlights:
  • It came out of committee, came out of the calendars committee, and so we're just here.
  • I thank this committee for giving us the opportunity.
  • Thank you, committee.
  • Chairman, members of the committee, I'm Randy Turner.
  • I urge you to vote this bill out of committee.
Summary: The second bill, House Bill 3469, was introduced to address pest control regulations concerning nuisance birds. Representative Campos explained how the bill proposes non-lethal methods to deter these birds, such as the use of laser lights and sounds, which avoids conflict with both state and federal regulations. The committee heard impassioned testimonies from members of the public who shared firsthand experiences regarding the adverse effects of these birds on property and public health. The meeting concluded with both bills being left pending, reflecting a desire for further deliberation among the committee members.
TX

Texas 2025 - 89th Regular

Education K-16 (Part I) Mar 27th, 2025

Senate Education K-16 Committee

Summary: In this committee meeting, significant attention was dedicated to the discussions surrounding HB8, which reflects a noteworthy increase in funding largely attributed to transfers. The members engaged in a robust dialogue about the implications of this funding increase and its potential to improve services. Key points were raised regarding the effectiveness of previous allocations, with suggestions made for the future use of finances in education-related initiatives. The meeting showcased a collaborative spirit among members, striving to ensure the best outcomes for the public sector.
TX
Transcript Highlights:
  • On first reading in reference to committee, the secretary
  • data-time="1494"> Of the Natchez and Trinity Valleys Groundwater Conservation District to the Select Committee
Bills: SB2, SB3, SB10, SB16, SB5, SB9, SB7, SB17, SB4, SB19, SB54, HB23, HB17, HB16
Summary: The meeting primarily focused on the discussion of several key bills, including HB17 which addresses the notification requirements regarding property tax by taxing units to local governments, and HB23 which seeks an exemption from ad valorem taxation for property owned by non-profit corporations. Senate Bill 19 was also a highlight, prohibiting political contributions during special legislative sessions. Significant attention was given to SB53, which relates to election procedures regarding voter registration issues, emphasizing the need for clarity in the election process. Discussions were lively, with members raising differing viewpoints and implications of the proposed changes.
TX

Texas 2025 - 89th Regular

Education K-16 (Part II) Apr 15th, 2025

Senate Education K-16 Committee

Transcript Highlights:
  • This, once in finance committee, I basically said I wasn't going to hear the bill until I got a fiscal
  • to explain the changes in the new committee substitute.
  • Hearing none, the committee substitute is adopted.
  • We urge the committee to pass this bill forward.
  • There is a committee substitute.
Summary: The meeting focused on advancing several significant pieces of legislation, particularly those pertaining to education and school finance. Notable discussions included the adoption of committee substitutes for various Senate Bills, such as SB2392, which introduced new reporting requirements for educators regarding misconduct cases. The committee also addressed SB1635, aimed at alleviating the financial burdens of high coastal insurance costs on school districts, which included provisions for credits against required recapture payments. Senator Hinojosa emphasized the urgency of responding to the challenges faced by local districts, underscoring the need for legislative support to ensure fair funding in coastal areas.
TX

Texas 2025 - 89th Regular

Business and Commerce (Part II) May 1st, 2025

Senate Business & Commerce Committee

Transcript Highlights:
  • You've got another committee to attend to? Yes.
  • Chairman and members of the committee.
  • finance companies, banks, and credit unions.
  • Then you find out your finance rate was 10% or 12%.
  • Business and Commerce Committee at this time.
Summary: The committee meeting focused heavily on the discussion surrounding HB149, an act aimed at establishing a comprehensive framework for the regulation of artificial intelligence (AI) in Texas. The bill seeks to ensure that AI technologies are developed and deployed in a manner that is both innovative and responsible, addressing potential harms while protecting individual rights and privacy. Chairman Schwartner led the conversations, emphasizing the importance of balancing regulatory measures with the need for technological advancement. Several stakeholders, including legal experts and industry representatives, provided testimony in support of the bill, praising its potential to position Texas as a leader in AI governance. Public testimony reflected a mixture of support and caution, with some witnesses advocating for greater accountability and regulatory oversight to mitigate risks associated with AI systems.
TX
Transcript Highlights:
  • Conference Committee on Senate Bill 10.
  • You and I discussed this bill in committee and afterward, did we not?
  • Committee.
  • So I was rather surprised in committee, and I was glad to be there.
  • So I think if we're being serious about campaign finance reform.
Bills: SB2, SB3, SB10, SB16, SB5, SB9, SB7, SB17, SB4, SB19, SB54, HB23, HB17, HB16
Summary: The committee meeting led by Senator Perry addressed various legislative measures including discussions around House Bill 23, which clarifies tax exemption for charitable organizations serving agricultural youth in populous counties. The bill was successfully passed with unanimous support after being brought up for expedited consideration. Notably, the discussion around Senate Bill 10 became contentious as Senator Bettencourt moved to not concur with House amendments citing potential tax increases, initiating a discussion about the implications and future direction of the bill. Furthermore, the importance of tax rate transparency was highlighted in the presentation of House Bill 17, aimed at improving communication regarding property tax rates to taxpayers, ensuring broader public engagement in tax matters and hearings as feedback and participation in the past had been low.
TX

Texas 2025 - 89th Regular

Finance (Part I) Jan 28th, 2025

Transcript Highlights:
  • **Chair**: Senate committee on finance, please come to order.

  • I ask this committee to support the proposed rider.
  • I ask this committee to support the proposed rider to restore this funding.
  • These finance swaps are crazy. I don't think...
  • These finance swaps are crazy.
Summary: The meeting of the committee primarily focused on the Office of the Attorney General, where General Ken Paxton and his staff presented budget recommendations, highlighting a proposed decrease of $163.9 million from the 2024-25 biennium budget. Discussions included essential service funding such as the Crime Victims Compensation Program, which is facing challenges due to revenue shortfalls and increased demand. The committee raised concerns regarding the method of finance swaps that impacted the overall budget, leading to a $38 million cut that the Attorney General’s office deemed an error. Representatives from the LBB were also questioned about the implications of these funding changes.
TX

Texas 2025 - 89th Regular

Pensions, Investments & Financial Services May 12th, 2025 at 08:05 am

House Pensions, Investments & Financial Services Committee

Transcript Highlights:
  • If anyone is wishing to testify before the committee, please

  • Chairman, members of the committee, my name is James Quintero.
  • But I'm also the past president of the Government Finance Officers Association of Texas.
  • And so we're gonna finance the project over three to five years.
  • Is there any further business for the committee to address? If not, the chair moves to adjourn.
Bills: SB512, SB1024
Summary: The meeting focused on the discussion of two significant pieces of legislation: SB512 and SB1024. SB512 aims to protect users of money transmission services by preventing penalties imposed by service providers for violating terms of service. Representative Hayes explained that this bill responds to troubling practices observed among money service businesses. Public testimonies were presented both in support and opposition to the bill, highlighting concerns over First Amendment rights and the implications for consumer protection. The committee ultimately left the bill pending for further consideration. In contrast, SB1024 addresses public finance issues, specifically the misuse of voter-rejected projects through certificates of obligation and tax anticipation notes. Senator Betancourt described instances where municipalities have circumvented voter will by issuing debt for projects previously rejected in elections. The committee heard extensive public testimony critiquing the proposed restrictions in the bill, with arguments centered around the potential unintended consequences for local governments and necessary infrastructure projects. Both bills generated lively discussions among committee members, leading to wider considerations of public finance ethics and the relationship between voters and local governments.
US
Summary: The committee convened to discuss several nominations, notably for key positions including the directors of the Consumer Financial Protection Bureau, Federal Housing Finance Agency, and Undersecretary of Commerce. Senator Warren raised significant concerns during her opposition to all four nominees, citing their failure to provide satisfactory answers regarding their qualifications and policy perspectives. She expressed particular alarm over Jonathan McKernan's ties to external influences and Jeffrey Kessler's hesitance to acknowledge geopolitical threats, leading to discussions about accountability in nominations and oversight. The votes resulted in a mixed outcome, with some nominees being approved while others faced substantial opposition.
TX

Texas 2025 - 89th Regular

Appropriations - S/C on Articles I, IV, & V Feb 25th, 2025 at 08:00 am

House Appropriations - S/C on Articles I, IV, & V

Transcript Highlights:
  • Below that is a chart of the rates that are used by the Texas Public Finance Authority (TPFA) to estimate
  • Sorry, this is Davini, Executive Director of the Texas Public Finance Authority.
  • In addition to closing project financing since 2014,

  • I would especially like to thank the appropriations committee for including the two exceptional items
  • Good morning, Madam Chair Gonzalez and committee members. My name is Jessica Haggerty.
Summary: The meeting held by the committee featured a series of discussions aimed at addressing key funding requests from various state agencies. Notably, the Texas Public Finance Authority presented updates on their recent issuance of bonds related to House Bill 1520, which was aimed at providing customer rate relief following the winter storm. This was met with appreciation from committee members, highlighting the ongoing need for effective financial management in response to natural disasters. Other discussions included the Texas Veterans Commission's efforts to secure funds for mental health services and enhancements to IT systems, indicative of a broader commitment to improving services for veterans.
TX
Transcript Highlights:
  • Do you have a committee sub?
  • Good morning, Chairman, members of the committee.
  • I have a committee substitute.
  • In addition, the committee substitute...
  • Hearing none, the committee substitute is adopted.
Summary: The meeting of the Senate Committee on Water, Agriculture, and Rural Affairs was marked by critical discussions surrounding several agricultural bills aimed at addressing the challenges faced by the farming community in Texas. Notably, House Bill 43 was presented, which seeks to update the Texas Agricultural Finance Authority to improve financial support for farmers experiencing crisis due to extensive agricultural losses, exacerbated by drought and supply chain issues. The committee heard testimonies from stakeholders emphasizing the urgent need for these reforms to help secure the agricultural industry’s future and ensure support for farmers during these trying times. Another significant topic was House Bill 4163, which aims to relieve agricultural operations from excessive municipal regulations concerning land management along public roadways, highlighting the burdens placed on farmers by local governments.
TX

Texas 2025 - 89th Regular

Pensions, Investments & Financial Services May 19th, 2025 at 08:05 am

House Pensions, Investments & Financial Services Committee

Transcript Highlights:
  • I'm curious what the committee members are thinking.
  • Chairman, members of the committee, my name is James Quintero.
  • In 2019, this very committee passed HB440.
  • But if you're trying to get a quick rough estimate of the finance cost...
  • Chairman, members of the committee, my name...
Bills: SB414, SB621, SB2395
Summary: The committee meeting focused on several key bills impacting public funds, particularly regarding the use of unspent bond proceeds and mandated transparency during bond elections. Notably, Senate Bill 621 was discussed, which seeks to prohibit political subdivisions from establishing public banks, emphasizing core governmental functions and preventing taxpayer exposure to financial risks. Testimonies from various stakeholders highlighted concerns about the appropriateness of using public funds for non-essential projects, which led to vigorous debate amongst committee members. Additionally, Senate Bill 414 was addressed, which requires clear disclosures about estimated interest costs in bond proposals, aiming to enhance voter awareness and accountability.
TX

Texas 2025 - 89th Regular

89th Legislative Session May 30th, 2025 at 12:05 pm

Texas House Floor Meeting

Transcript Highlights:
  • resolutions that are being referred to the committee.
  • resolutions that are being referred to the committee.
  • And your request for a conference committee.
  • and name the chair of each conference committee.
  • Are those appointed by the chair of the committee or by the speaker?
Summary: The committee meeting covered a variety of legislative issues, prominently featuring discussions surrounding both Senate Bill 1198 and Senate Bill 509, along with multiple House Bills including HB2017 and HB3000. Representative Morales presented the conference committee report for SB1198, addressing clarity on hazardous areas and garnering strong support with 118 votes in favor. Conversely, SB509 faced some contention regarding the provisions for the Attorney General in election cases, eventually receiving approval with a vote tally of 97 ayes to 37 nays after amendments were discussed to limit the Attorney General's ability to delay hearings. Additionally, various other bills received motions to concur with Senate amendments, highlighting the committee's active engagement in fine-tuning legislation through collaborative discussions among members.
TX

Texas 2025 - 89th Regular

Appropriations May 8th, 2025 at 08:05 am

House Appropriations Committee

Transcript Highlights:
  • think those are points well taken, and that's part of why I wanted to lay this out and allow the committee
  • I don't think I'm mistaken about this, but didn't this body, this committee, and then the entire House
  • Members, that concludes today's hearing with no other business, and if there's no objection, the committee
Bills: SJR4
Summary: The meeting focused on Senate Joint Resolution 4, which proposes to raise the constitutional cap of the Economic Stabilization Fund from 10% to 15%. Members engaged in a comprehensive discussion regarding the potential implications of this increase, especially in relation to Texas's long-term financial liabilities. Concerns were raised about maintaining adequate reserves while simultaneously addressing the need for taxpayer relief, especially considering factors such as property tax compression and future economic downturns. Various members voiced their opinions on the balance between saving for potential future needs and returning money to taxpayers, fostering a vigorous debate on the state's fiscal strategy and priorities.
TX

Texas 2025 - 89th Regular

Education K-16 (Part II) May 15th, 2025

Senate Education K-16 Committee

Transcript Highlights:
  • Campbell, and committee members.
  • I respectfully urge the committee to amend the committee
  • Mainly to let the committee know what type of...
  • Good evening, Chairman, committee members.
  • Thank you to the committee for this historic.
Bills: HB2
Summary: The meeting focused prominently on the discussions surrounding HB2, which entails significant investments in public education and aims to reform funding mechanisms to better support students and teachers. Multiple stakeholders, including educators and policymakers, conveyed their support while also voicing concerns about the bill's potential shortcomings. Witnesses discussed the urgent need for increased funding for special education and the necessity of expanding pre-K eligibility for students with disabilities. The testimony highlighted the historical context of the funding model and emphasized the importance of creating equitable solutions for all public school districts.
TX

Texas 2025 - 89th Regular

Public Education Mar 6th, 2025 at 10:30 am

House Public Education Committee

Transcript Highlights:
  • Now, I've sat in your chairs on this committee and on the appropriations committee as this committee's
  • Good afternoon, committee members.
  • House Public Education Committee.
  • Hello, House Committee members.
  • Hello, House Committee members.
Bills: HB2
Summary: The meeting focused primarily on legislation related to educational funding and support for students with disabilities. Testimonies were heard regarding HB2, which aims to enhance special education funding and improve the overall educational environment for students. Advocates stressed the importance of investing in mental health services within schools, emphasizing that a holistic approach to student welfare is essential for fostering a safe learning environment. Concerns were raised about charter school funding and the lack of accountability in financial expenditures related to such institutions. Additional discussions highlighted the urgent need for updated policies that reflect current economic realities in education, especially regarding the basic allotment for school funding.
TX

Texas 2025 - 89th Regular

Public Education Mar 6th, 2025 at 08:03 am

House Public Education Committee

Transcript Highlights:
  • Members of the Texas Legislative Committee.
  • This is not school finance reform. It's an excuse.
  • So it's a significant matter for our committee.
  • Members of the committee, thank you for taking the time to hear my testimony.
  • The committee stands in recess.
Bills: HB2
Summary: The Public Education Committee meeting primarily focused on discussions related to House Bill 2, which addresses public education funding and the need for increased Texas teacher salaries. Testimonies were provided by various educators and stakeholders expressing concerns about the existing funding levels, particularly highlighting the inadequacy of the proposed $220 per student increase, which many believe falls short of what is necessary to meet inflation and the growing costs of education. During the testimony, members emphasized the need for a substantial increase to at least $1,300 per student, citing a critical shortage of certified teachers and the impact this has on student learning outcomes. Witness statements indicated that without a significant funding overhaul, students and teachers would continue to suffer from underfunded programs and resources.
TX

Texas 2025 - 89th Regular

Public Education Mar 4th, 2025 at 02:30 pm

House Public Education Committee

Transcript Highlights:
  • The Committee on Public Education will come to order.

  • Thank you, Chair Buckley, Vice Chair Bernal, members of the committee.
  • And so I know the insurance committee is looking into this, but our committee is looking into it as well
  • You know, and we need multiple committees working on this.
  • Chairman and members of the committee, my name is Dr.
Bills: HB2
Summary: The meeting focused on House Bill 2, which aims to reform funding for special education in Texas. Various stakeholders, including educators and administrators, testified on the importance of the bill, highlighting current funding gaps and the need for increased resources to adequately support students with disabilities. Testimony revealed that many school districts are experiencing a significant funding shortfall, forcing them to seek additional local funding sources to cover the costs of necessary services. Additionally, the bill includes provisions for a new tiered funding system, which was met with cautious support due to the ambiguities surrounding its implementation.
TX

Texas 2025 - 89th Regular

Education K-16 (Part I) May 15th, 2025

Senate Education K-16 Committee

Transcript Highlights:
  • Senator Hinojosa sends up a committee substitute for HB2.
  • That's one of the bills that's in the committee substitute?
  • Do you want to adopt the committee substitute?
  • Senator Hinojosa sends up the committee substitute. Built to. Any objections?
  • In fact, I was in two committees before I came here myself this morning.
Bills: HB2
Summary: The Senate Education Committee's meeting focused heavily on HB2, which proposes an historic investment of $8 billion into Texas public education. Senator Creighton led the discussion, explaining the components of the committee substitute and emphasizing the importance of increasing funding beyond past measures, highlighting that this package exceeds any previous investment in public education. The committee heard testimonies from public witnesses who expressed strong support for the bill, including educators discussing the positive impacts of the Teacher Incentive Allotment. The meeting adjourned after a vibrant discussion about the various provisions included in HB2, such as adjustments in funding allocations for both traditional and charter schools, and the ongoing issues related to educational equity across districts in Texas.
TX

Texas 2025 - 89th Regular

Local Government (Part II) Apr 10th, 2025

Senate Local Government Committee

Transcript Highlights:
  • The Senate Committee on Local Government will come to order.

  • Senator Paxton moves to adopt the committee substitute

  • That it do not pass, but that the committee substitute adopted
  • Admin Committee, no matter what you do...
  • There is a proposed committee substitute for Senate Bill 2010.
Summary: Additionally, SB2010 was reviewed with a focus on tightening language to prevent misuse of funds related to universal basic income (UBI) programs by political subdivisions. The committee adopted a proposed substitute and reported the bill favorably to the full Senate, citing concerns over the use of state funds in supporting UBI initiatives. The meeting concluded without further business, and the committee chairman signaled a recess.

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