Video & Transcript DataContr Research : 'method of finance swaps'
Page 1 of 62
TX
Texas 2025 - 89th Regular
Finance (Part I) Jan 28th, 2025
Transcript Highlights:
At first, there are two method of finance swaps, which
- Recommendations reverse this method of finance swap, aiming to ensure that the funding remains robust
- When you see some of these other smaller method of finance swaps within agencies, that's more about internal
- of finance swap on $16 million?
- of finance swap on $16 million?
Keywords:
Attorney General, budget recommendations, Crime Victims Compensation, method of finance swaps, funding challenges, public safety
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
Finance (Part I) Jan 28th, 2025
Transcript Highlights:
First, there are two method of finance swaps, which, again
- of finance swaps.
- Recommendations reverse this method of finance swap in addition to the matching federal funds associated
- of finance swap on **$16 million**.
- The Office of the Attorney General, in our appropriation request, did a method of finance swap from General
Keywords:
Attorney General, budget recommendations, funding swaps, salary increases, Landowner's Compensation Program, public testimony, law enforcement
Summary:
The meeting focused on the budget recommendations for the Office of the Attorney General (OAG), where key issues included the proposed decrease of $163.9 million for the 2024-25 biennium and various methodology swaps for funding. Attorney General Paxton discussed ongoing litigation expenditures and emphasized the need for continued investments in agency staffing to address rising demands within law enforcement. Notably, he requested a 6% salary increase for 2026 and 2027 to retain talented personnel amidst competitive job markets. Public testimony highlighted community awareness challenges regarding the Landowner's Compensation Program, indicating a need for enhanced outreach efforts.
TX
Transcript Highlights:
Regardless of what you may think of whether the filibuster
- this kind of legislation.
- Now, part of the problem is that there's a lot of fundraising that is associated with actions in the
- I don't think any of us will.
- a notice of the voter's change of address submitted under Section 15.
Keywords:
voter registration, election procedures, provisional ballot, change of address, residence requirements, election procedures, voter registration, address change, residency requirements, electoral integrity, voting rights, political contributions, special legislative session, election code, transparency, campaign finance, political contributions, special legislative session, campaign finance, election law
Summary:
The Committee on State Affairs convened to discuss several significant bills, including SB19, SB54, HB16, and SB2217. A major focus was the potential changes to fundraising rules during special legislative sessions, aimed at aligning policies for regular and special sessions. Senator Bettencourt presented SB19, which prohibits political contributions during special sessions, raising questions about the implications for ongoing fundraising activities. Additionally, the committee reviewed SB54, which seeks to amend recent changes around voting procedures to prevent misunderstandings related to voter registration within counties. The session featured robust discussions, particularly surrounding the balance of regulations and the need for clear public policy. The meeting concluded with several bills moving forward positively, highlighting the collaborative effort among members.
TX
Texas 2025 - 89th Regular
Pensions, Investments & Financial Services May 12th, 2025 at 08:05 am
House Pensions, Investments & Financial Services Committee
Transcript Highlights:
- to utilize alternative methods of finance to fund projects previously rejected.
- to finance a voter-rejected project within five years of a
- But I'm also the past president of the Government Finance Officers Association of Texas.
- So one of the reasons why—so I use tax notes in things like financing and— One to finance the cleanup, mitigation, or remediation of
Keywords:
money transmission, public finance, certificates of obligation, tax anticipation notes, consumer protection, First Amendment, voter will
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
Us Congress 2025-2026 Regular Session
Business meeting to consider the nominations of Stephen Miran, of New York, to be Chairman of the Council of Economic Advisers, Jeffrey Kessler, of Virginia, to be Under Secretary of Commerce for Industry and Security, William Pulte, of Florida, to b Mar 6th, 2025 at 10:00 am
Senate Banking, Housing, and Urban Affairs Committee
Keywords:
nomination, Senator Warren, Consumer Financial Protection Bureau, Federal Housing Finance Agency, Undersecretary of Commerce, accountability, oversight
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
Pensions, Investments & Financial Services Mar 24th, 2025 at 10:03 am
House Pensions, Investments & Financial Services Committee
Transcript Highlights:
- Local governments have used COs to finance a variety of capital
- And that occurs fairly often in terms of the hospital district financing?
- Finance Corporations, with similar problems of why we control PFCs.
- This is a type of financing that most people aren't very familiar with or accustomed to.
- And they don't want to lose control of their finances.
Keywords:
local governments, anticipation notes, certificates of obligation, public works, flood control, local governments, anticipation notes, certificates of obligation, public works, flood control, financial management, local government, anticipation notes, certificates of obligation, municipal financing, public works, private activity bonds, closing definition, real estate finance, bond issuance
Summary:
The meeting of the committee involved discussions surrounding multiple bills focusing on financial legislation, including crucial developments related to certificates of obligation (COs). Representative Tepper presented HB1453, which aimed to increase voter input regarding local government debt issuance and address growing concerns about financial accountability. The discussions highlighted the recent trends in CO debt, particularly in areas like El Paso, which has seen a dramatic rise in local government debt without direct voter approval. Several members voiced their support and concerns regarding the bill's implications for taxpayer rights and community involvement in financial decision-making.
TX
Texas 2025 - 89th Regular
Business and Commerce (Part II) May 1st, 2025
Senate Business & Commerce Committee
Transcript Highlights:
- The purpose of it is to deal with the issue of forced financing.
- Retail sellers of new motor vehicles work with a variety of lenders to finance cars, including captive
- And then you go down there, of course, they'll want to finance it for you.
- He's going to give me a heck of a deal, and they're going to finance it themselves."
- They shouldn't be restricted in terms of the financing.
Bills:
HB12, HB149, SB229, SB1361, SB1749, SB1897, SB2113, SB2566, SB2677, SB1652, SB2327, SB2344, SB2696
Keywords:
artificial intelligence, regulation, biometric data, ethical AI, consumer protection, AI governance, automobile sales, consumer protection, finance, retail seller, motor vehicle purchase, motor vehicle sales, consumer protection, pricing restrictions, retail seller, third-party financing, education, funding, student assessment, accountability
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:
- I'm the Director of...
- Do you review the plaintiff's payment of child support as part of your review of their request for access
- is unduly influencing, that sort of thing, subject to rules of evidence.
- the state of Texas.
- Some of the things that are in it are kind of a backward look, and some of the things in it could open
Keywords:
low-THC cannabis, dispensing organization, Texas Compassionate-Use Program, medical use, patient access, registration, healthcare, legislation, credit card fraud, debit card fraud, prosecution, illegal possession, state law, political contributions, address privacy, Texas Ethics Commission, election transparency, campaign finance, election supplies, ballots
Summary:
The meeting of the State Affairs Committee focused on several significant bills, notably HB4145, HB2820, and HB4157, which address healthcare billing practices, charitable bingo operations, and protections for employees in the commercial spaceflight industry, respectively. Each bill received attention from members of the committee, with public testimony highlighting both support and concern among stakeholders. For instance, testimony on HB4145 underscored the importance of timely healthcare billing to prevent patient financial distress, while discussions surrounding HB2820 illuminated the challenges charities face in maintaining sufficient reserves amidst outdated regulations.
TX
Texas 2025 - 89th Regular
Public Education Mar 18th, 2025 at 10:30 am
House Public Education Committee
Transcript Highlights:
- Currently, the majority of Texas students only get exposure to personal finance if they happen to take
- Personal finance education should be a fundamental part of every student's high school experience.
- rewrite of parts of Chapter 5.
- We've been using zero-tolerance methods, right, of suspending, expelling, and using J.J.A.P. keys for
- That's one of the four functions of behavior.
Keywords:
mental health, telehealth, public schools, discipline management, behavioral interventions, financial literacy, high school education, curriculum requirements, economics, personal finance, vendor contracts, school district, criminal offense, conflict of interest, educational governance, school safety, security measures, mental health, emergency response, funding for schools
Summary:
The committee meeting predominantly focused on educational reform, discussing several bills designed to enhance school safety and address chronic absenteeism. In particular, House Bill 6 was scrutinized for its proposals to modify disciplinary measures within schools, specifically allowing longer in-school suspensions for students who cause significant disruptions. Advocates and experts presented testimonies emphasizing the importance of maintaining a safe learning environment while also addressing behavioral issues in a manner that supports at-risk students. The discourse highlighted the need for balancing discipline with educational support, particularly for students with disabilities who may exhibit challenging behaviors due to their conditions.
TX
Texas 2025 - 89th Regular
Business and Commerce (Part I) May 1st, 2025
Senate Business & Commerce Committee
Transcript Highlights:
- Small businesses are a huge part of the Texas economy and often turn to commercial sales-based financing
- In lieu of usury caps, the bill directs the Finance Commission to develop rules related to unfair acts
- what the UCC filing or the perfection of the lien is to protect other creditors and other financing
- The passage of Senate Bill 2677, as worded, will kill the sales-based financing industry in the state
- We are a responsible group of financing providers. Our average deal in Texas is about...
Bills:
HB12, HB149, SB229, SB1361, SB1749, SB1897, SB2113, SB2566, SB2677, SB1652, SB2327, SB2344, SB2696
Keywords:
artificial intelligence, regulation, biometric data, ethical AI, consumer protection, AI governance, automobile sales, consumer protection, finance, retail seller, motor vehicle purchase, motor vehicle sales, consumer protection, pricing restrictions, retail seller, third-party financing, education, funding, student assessment, accountability
Summary:
In the recent meeting of the Senate Committee on Business and Commerce, multiple significant bills were discussed, with House Bill 912 and Senate Bill 1003 receiving favorable recommendations for further consideration. Senator Zaffirini played a pivotal role in moving several bills through the committee process, including Senate Bill 748, which also received support with a unanimous vote. Public testimonies were taken for various bills, notably SB 2113, which focuses on improving legislative access to information, fostering a more transparent government. The committee's discussions were marked by an emphasis on good governance and the importance of legislative oversight.
TX
Texas 2025 - 89th Regular
Public Education Mar 18th, 2025 at 08:00 am
House Public Education Committee
Transcript Highlights:
- I remember she told me, "The first week of school, you don't touch any of the TEKS," which I was kind
- had to start on day one of the school year.
- of school."
- How did they come in at the beginning of the class day?
- How did they leave at the end of the class period?"
Keywords:
mental health, telehealth, public schools, discipline management, behavioral interventions, financial literacy, high school education, curriculum requirements, economics, personal finance, vendor contracts, school district, criminal offense, conflict of interest, educational governance, school safety, security measures, mental health, emergency response, funding for schools
Summary:
This meeting of the committee featured extensive discussions surrounding the bill HB222, aimed at altering certain regulations. The conversations were robust, with notable input from various committee members who raised concerns and suggestions regarding the bill's implications on local governance. Public testimonies were provided, showcasing both support and opposition to the proposed changes, thus highlighting the community's engagement with the legislative process. Overall, the meeting was characterized by a thorough examination of the implications of the bill, with committee members expressing a balanced perspective on its potential impact.
TX
Transcript Highlights:
- When I think of Chairman Darby, I just think of elegance generally, so.
- relating to the influence of out-of-state money in Texas elections.
- This is specific to out-of-state contributions to in-state candidates and, of course, out-of-state PACs
- It was part of their scope of report in 2023. They recommend.
- of Texas, the significance of the power grid cannot be understated.
Bills:
HB1951, HB2715, HB3092, HB3237, HB3278, HB3511, HB3592, HB3675, HB3778, HB3782, HB3826, HB3970, HB4016, HB4049, HB4341, HB4344, HB4406, HB4427
Keywords:
collective bargaining, public works, government contracts, labor agreements, state funding, removal from office, political subdivisions, local government, judicial proceedings, administrative judicial region, electric transmission, public convenience, landowner consent, utility regulation, energy infrastructure, energy consumption, higher education, governmental entities, sustainability, electricity reduction
Summary:
The meeting of the Committee on State Affairs was convened with a quorum present, led by Chair King. A primary focus of the meeting was on House Bill 3782, which addresses the shift from physical newspaper publications to digital platforms for public notices. Chairman Smithy introduced a committee substitute for the bill, highlighting the necessity for government entities to adapt to the declining availability of physical newspapers. The bill proposes allowing these entities to meet public notice requirements through qualified digital publications, ensuring they meet certain standards, including an audited paid subscriber base and reporting on local news.
TX
Transcript Highlights:
Some of the main components of this are Helmets of Hard
- Out-of-state union members working on Texas projects. That's a lot of money.
- has created tens of thousands of jobs.
- I'm not aware of any of those.
- I'm tired of...
Bills:
HB1951, HB2715, HB3092, HB3237, HB3278, HB3511, HB3592, HB3675, HB3778, HB3782, HB3826, HB3970, HB4016, HB4049, HB4341, HB4344, HB4406, HB4427
Keywords:
collective bargaining, public works, government contracts, labor agreements, state funding, removal from office, political subdivisions, local government, judicial proceedings, administrative judicial region, electric transmission, public convenience, landowner consent, utility regulation, energy infrastructure, energy consumption, higher education, governmental entities, sustainability, electricity reduction
Summary:
The committee meeting centered around several bills, most notably House Bill 1951, which provoked significant debate among members and public witnesses concerning the implications of project labor agreements (PLAs) for public works projects in Texas. Advocates for the bill argued that it aimed to create a more competitive environment for bidding on government contracts, thereby ensuring taxpayer dollars were spent effectively. Opponents, including labor representatives and apprentices, voiced concerns that the removal of PLAs could jeopardize worker safety, fair wages, and job opportunities for local craftsmen, particularly those engaged in union and apprenticeship programs. Testimonies from various workers highlighted the critical role PLAs play in maintaining quality standards and accountability in public infrastructure projects.
TX
Transcript Highlights:
- The Alliance is made up of oil and gas companies of all sizes, but the vast majority of our members are
- I'm an active police officer for the City of San Antonio and a member of the Board of Trustees.
- This new method of holding gold is safer than keeping gold under a mattress, so it's good for people
- of that.
- It's the method of choice for sex traffickers.
Keywords:
severance tax, oil, gas, restimulation wells, tax exemption, civil penalty, hydrocarbons, Texas Railroad Commission, higher education, funding, financial allocation, state budget, Texas A&M University, University of Houston, education funding, gold standard, legal tender, currency, transactional currency, financial transactions
Summary:
The meeting covered multiple bills, primarily focusing on House Bill 2802, which relates to the Austin Firefighter Retirement Fund Pension, and House Bill 1056 regarding the establishment of gold and silver as legal tender in Texas. Senator Schwartner introduced several committee substitutes aimed at improving provisions in these bills, with the committee discussing amendments and seeking public testimony on the implications of these changes. Notably, the discussion highlighted varying perspectives on the use of gold as a currency and its constitutional implications, eliciting significant public and legislative engagement.
TX
Texas 2025 - 89th Regular
89th Legislative Session Apr 16th, 2025 at 10:04 am
Texas House Floor Meeting
Transcript Highlights:
- in us by the people of Texas.
- Garren moves to defer the reading and referral of bills until the end of today's business.
- anniversary of her birth.
- of Texas system and the transfer to it of certain powers and duties of the Department of...
- for termination of the parent-child relationship and possession of a child by the Department of Family
Bills:
SB2, HB2, HB2000, HB2196, HB213, HB222, HB645, HB1458, HB1022, HB141, HB502, HB643, HB3093, HB1700, HB117, SB503, SB2, HB120, HB20, HB150, HB6, HB100, HB210, HB215, HB1393, HB1151, HB1268, HB142, HB451, HB124, HB2, HB2000, HB2196, HB213, HB222, HB645, HB1458, HB1022, HB141, HB502, HB643, HB3093, HB1700, HB117
Keywords:
public education, teacher compensation, certification, funding, school finance, educator rights, education funding, charter schools, staff compensation, state aid, retention allotment, child grooming, sex offender registration, criminal justice, reportable conviction, law enforcement, virtual education, hybrid learning, school funding, average daily attendance
Summary:
The meeting focused heavily on educational funding and the establishment of educational savings accounts as outlined in SB2. Proponents of the bill presented arguments emphasizing the need for flexible education options for families, especially for children with disabilities. The bill proposes a universal program that allows Texas families to utilize state funds for various educational expenses beyond traditional public schooling. However, discussions also surfaced concerning potential drawbacks, with several members raising concerns about the implications for public education funding and accountability.
TX
Transcript Highlights:
- I kind of had a love-hate relationship with that part of the bill, and I just spoke to a lot of members
- That's still the province of the Court of Criminal Appeals.
- I want to ask you about some of the specifics of this bill.
- jurisdictional limits of the Supreme Court of Texas.
- to that high level of a clear abuse of power.
Bills:
SB16, SB76, SB310, SB311, SB396, SB505, SB827, SB964, SB1209, SB1210, SB1386, SB1470, SB2035, SJR37
Keywords:
voter registration, proof of citizenship, Election Code, criminal offenses, limited federal ballot, transportation, infrastructure, funding, public safety, state regulation, election, polling places, voter access, state oversight, electronic voting, voting, polling place, elections, countywide program, voter access
Summary:
The meeting of the Senate Committee on State Affairs was marked by significant discussions surrounding several bills, primarily focusing on jurisdictional changes within the Texas Supreme Court and the Court of Criminal Appeals. One of the key bills discussed was SB1210, which aims to clarify the roles and jurisdictions of these two courts, ensuring that when constitutional interpretations are at issue, the Supreme Court serves as the final authority. Testimony was provided by various stakeholders including judges and legal experts, who articulated both support for and concerns about the potential implications of these changes. The conversation highlighted the historical context of the dual court system in Texas, outlining its benefits and drawbacks, particularly in ensuring consistency in the application of constitutional law.
TX
Transcript Highlights:
- Most of them kind of follow the chain of command and they'll take it to their party.
- be an incredibly inaccurate method of counting ballots on its own.
- First of all, of course, due to a variety of factors, the percentage of foreign-born...
- Of course, the effect on state and local government finance is also a large problem, and we'll hear from
- This had the effect of requiring local officials to develop their finances first and then enter into
Bills:
SB16, SB76, SB310, SB311, SB396, SB505, SB827, SB964, SB1209, SB1210, SB1386, SB1470, SB2035, SJR37
Keywords:
voter registration, proof of citizenship, Election Code, criminal offenses, limited federal ballot, transportation, infrastructure, funding, public safety, state regulation, election, polling places, voter access, state oversight, electronic voting, voting, polling place, elections, countywide program, voter access
Summary:
The meeting focused on significant discussions regarding several bills, particularly SB396 and SB827. Public testimonies were heard against SB396, expressing concerns over government overreach regarding voter registrations. Various witnesses highlighted potential disenfranchisement of eligible voters and the inefficiencies of the proposed residency confirmations. SB827 was another bill of interest, with discussions centered around the methods of election monitoring and concerns regarding the accuracy and cost-effectiveness of hand-counted audits.
TX
Texas 2025 - 89th Regular
Pensions, Investments & Financial Services Apr 23rd, 2025 at 10:04 am
House Pensions, Investments & Financial Services Committee
Transcript Highlights:
- Some dealt with billions of dollars, some dealt with millions of dollars.
- that period of time.
- an amount of salary for that years of service or experience.
- these types of loans.
- An out-of-state entity that's financing the loan, right?
Bills:
HB886, HB1514, HB2434, HB2688, HB2802, HB3161, HB3221, HB4029, HB4339, HB4774, HB4802, HB4853, HB5627, SB1737, HB4591
Keywords:
retirement, supplemental payment, benefits, Employees Retirement System, eligible annuitants, legislation, annuity, retirement, service credit, Employees Retirement System of Texas, employee benefits, pension reform, public retirement systems, municipality pensions, firefighters, police officers, retirement age, DROP program, actuarial studies, pension benefits
Summary:
During the meeting, the committee discussed several important bills focused on state employee pensions, the education sector, and consumer credit resources. One of the main topics was HB886, which proposes a 13th check for state retirees to help alleviate financial challenges faced by those who have not seen any pension adjustments for over a decade. The bill received support from various stakeholders who emphasized its necessity given the rising costs of living and inflation. Additionally, HB3221 was examined, addressing unequal pension contributions between traditional school districts and charter schools, which has placed undue financial burdens on charter schools since 2019. The bill aims to unify the contribution rates to ensure fairness and retain essential funding for education.
TX
Transcript Highlights:
- So that would be kind of the base level of costs: $10 billion of investment and a billion dollars of
- Is that a function of their mask of the...
- House of Representatives, the President of the Senate of the Congress of the United States, and all
- the rights of the people of Texas.
- of exchange, and a store of value.
Bills:
HB246, HB796, HB1056, HB1544, HB1846, HB2001, HB2618, HB2625, HB2869, HB2898, HB3069, HB3114, HB3157, HB3228, HJR98
Keywords:
federal directives, state authority, Tenth Amendment, government enforcement, local governance, gold standard, legal tender, currency, transactional currency, financial transactions, electronic payment systems, state finance, regulatory compliance, electric trucks, charging infrastructure, advisory council, transportation, sustainability, criminal penalties, official information
Summary:
This meeting of the State Affairs Committee primarily focused on discussing several important bills, including HB1846, which aims to establish an Electric Truck Advisory Council for developing a statewide electric vehicle infrastructure plan. Representative Wally detailed the need for this council to facilitate the growing medium and heavy-duty electric vehicle market, emphasizing collaboration with state agencies and the private sector. The discussions included an in-depth analysis of proposed amendments and the fiscal implications of the bill. Witnesses provided testimony both supporting and opposing the bill, highlighting various perspectives on infrastructure development and economic impact.