Video & Transcript : 'price estimates' :

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MN

Minnesota 2025-2026 Regular Session

Committee on Energy, Utilities, Environment and Climate - 04/02/25

Energy, Utilities, Environment, and Climate

Transcript Highlights:
  • The entire project is estimated to be over $30 million.
  • The entire project is estimated to be over $30 million.
  • </c> he was trying to include into the price he was trying to include into the price of<01:36:16.960>
  • And so the article that price as well.
  • purchase price.
Keywords: 1187, senate, all
LA

Louisiana 2026 Regular Session

Retirement May 5th, 2026

Retirement

Transcript Highlights:
  • Chairman Price? Here. Vice Chair Owen? Senator Barthelemy? Here. Senator Hensgens? Present.
  • I can't say enough to Senator Price and Representative Bacallat on this.
  • Herbold and I have spoken about this, is that they think it could happen, but there's no way to estimate
  • Let me tell you all this: I have talked to Senator Price about this, the chairman, in the off season.
  • Let me tell you all this: I have talked to Senator Price about this, the chairman, in the off season.
Bills: HB17 , HB21 , HB24 , HB41 , HB42 , HB45 , HB1134 , HB1237
Committee: Senate Retirement
HI
Transcript Highlights:
  • So a charter school would partner with the developer and estimate what it would cost to build a school
  • So a charter school would partner with the developer and estimate what it would cost to build a school
  • So a charter school would partner with the developer and estimate what it would cost to build a school
  • Although providing free transit for youth whose households qualify for free and reduced-price lunch is
  • </c> references to free or reduced price references to free or reduced price lunch lunch lunch um<01:
Keywords: 910, house, all
Summary: The committee heard testimony on HB 1783, which would expand public-private partnership options for charter school facilities. The Department of Education offered comments, the Charter School Commission and SFA supported the bill, and Hawaii Technology Academy, Hawaii Kids, Hawaii Children’s Action Network, HGA, Aloha Project, and several individuals testified in support, while UPW opposed it. Supporters said charter schools need faster and more flexible ways to address severe facility shortages and high costs, and SFA described the bill as a pilot model that could leverage developer partnerships and state contributions, citing Maryland as an example. Members asked whether the bill was limited to charter schools; DOE said the language could be read to include other public school facilities, but if focused only on charter schools, DOE was less concerned. The Charter School Commission also described an existing public-private preschool model through Parkway Village Preschool and PACTED. The committee then took up HB 1778, which would establish a CIP database for school facilities. SFA supported the bill, saying it would create a more disciplined, transparent basis for funding decisions by documenting facility condition, needed repairs, classification, and timing. DOE initially said it rested on its comments, then responded to questions by saying it already maintains deferred maintenance lists, uses systems such as Maximo, CPT, GIS, and finance software, and sends legislators project-status letters twice a year. DOE said it is working on improving its outward-facing dashboard and integrating its systems, but questioned whether the bill would add value beyond existing tools. Members emphasized the need for a publicly accessible, real-time transparency tool, while DOE said it was still evaluating its current systems and was not yet seeking funding for a new IT program. For HB 2344, creating an Independent Public School Realignment and Closure Commission, DOE said it wants to remain part of any consolidation process to keep students and education central, while SFA said the bill is timely and framed it as a restructuring response to changing conditions and possible federal funding cuts. SFA compared the proposal to the federal BRAC process for military base closures and said Hawaii has the same enrollment as in 1961 but many more schools, arguing that the state needs a more deliberate approach to school closures and land reuse. The Attorney General’s office raised technical concerns about several sections, including unclear references to administrative support, a governor-approval sequence, a possible conflict with existing statutes governing closed-school disposition, and a missing section number. Testimony on HB 2345, which would establish a geographic CIP district, began with DOE in opposition; DOE said the bill would duplicate existing work, add confusion by creating two agencies doing the same thing, and spend money inefficiently because district project coordinators and project lists already exist.
MN

Minnesota 2025-2026 Regular Session

Committee on Finance - 01/08/25

Finance

Transcript Highlights:
  • </c> maybe you know some bet pricing maybe you know some bet pricing transparency<00:58:05.960><c> could
  • Okay, so that’s the demographic that’s paying the price the biggest by this.
  • </c><01:49:56.360><c> the</c> demographic that's paying the price the demographic that's paying the price
  • Okay, again, another low price point ticket.
  • </c> scented okay again another low price scented okay again another low price point<01:51:45.520><c>
Committee: Senate Finance
Keywords: 1187, senate, all
NH

New Hampshire 2026 Regular Session

House Science, Technology and Energy (02/03/2026)

Science, Technology and Energy

Transcript Highlights:
  • </c> market rather than on fixed price market rather than on fixed price contracts<04:15:56.800><c> are
  • Like, I price goes up to 700 bucks.
  • </c><04:51:27.520><c> I</c> can get better pricing on energy. I can get better pricing on energy.
  • . price. price.
  • </c> vested interest in the proxy price vested interest in the proxy price methodology<05:25:43.520><
Keywords: 1189, house, all
NH
Transcript Highlights:
  • Those prices are set for a specific amount of time and they have to hold those prices.
  • They contract with those prices. Okay? They contract with those prices.
  • </c> were able to get the best price for it. were able to get the best price for it.
  • They're getting it at a cheap price, but they're not selling it at a cheap price.
  • </c><01:50:56.719><c> So</c> determine your price. Okay? So determine your price. Okay?
Keywords: 928, house, all
Summary: The committee first heard Senate Bill 47, sponsored by Sen. Regina Birdsell at the request of the Insurance Department. The bill would codify the department’s interpretation that a birth mother’s health insurance is the primary coverage for a newborn, unless the mother has no insurance or coverage under an employer-sponsored plan. Birdsell and Insurance Commissioner DJ Benton Court said the measure is a clarification of existing practice and intended to protect vulnerable newborns; a question from Rep. Miles clarified that if a young woman is on her parents’ policy, the newborn would generally be covered under that family coverage. The hearing on SB 47 was then closed. The committee then took up Senate Bill 121, introduced by Grant Bosi for Sen. Kevin Avard, which would require insurers to notify the Insurance Department when they stop writing an entire line of business or, in some cases, Medicare Advantage plans. Commissioner Benton Court said the bill arose from disruption in the Medicare Advantage market, where consumers, brokers, and the department were confused by carriers changing or ending offerings; he said the department wanted a simple notification requirement so it could better advise consumers. Members discussed network adequacy, county-based service areas, and the fact that the bill would make notice a condition of licensure, with possible fines or license action for noncompliance. Witness Paula Rogers of AHIP said her group supported the bill if amended, and the department indicated it would support a change from a 120-day notice period to 90 days to align with state rules; the committee planned to work on an amendment in subcommittee. Finally, the committee heard Senate Bill 247, introduced by Rep. Brian Cole, which would prohibit network exclusion of pharmacies that refuse to dispense prescriptions when PBM reimbursement is below acquisition cost. Cole argued the bill is meant to stop pharmacies from being forced to sell drugs at a loss, describing PBMs as middlemen and saying the measure is a compromise that protects local pharmacies. Members questioned whether consumers would pay more and whether pharmacies voluntarily enter PBM contracts; Cole responded that the bill would let pharmacies refuse unprofitable fills while consumers could still obtain the drug through mail order or other channels. He also said the issue has changed over time because the practice now affects a much larger share of generics and is concentrated among a few PBMs. The hearing remained open as questions continued, with no vote taken in the excerpt.
KY
Transcript Highlights:
  • </c> that price tag is as well. It's monster. that price tag is as well. It's monster.
  • Just in our current program year, we have an estimated savings of nearly $1.3 million to the utilities
  • savings of nearly $1.3 million estimated savings of nearly $1.3 million to<01:03:53.200><c> the</c><
  • of this program and one of the estimates of this program is<01:05:12.880><c> is</c><01:05:13.280><c>
  • </c> quality water at an affordable price. quality water at an affordable price.
Keywords: 958, all
Summary: The meeting began with roll call, adoption of the minutes, and brief remarks, including birthday recognition for Representative Maseroni and a moment of reflection for a soldier who died during training at Fort Knox. The committee then heard a presentation from Tony Hatton, commissioner of the Department for Environmental Protection and acting director of the Kentucky Division of Water, with Amanda Lefer, deputy commissioner, on the state’s water and wastewater programs and planning. Hatton described Kentucky’s water resources and the Division of Water’s responsibilities, including watershed and nonpoint source work, KPDES discharge permitting, PFAS response, engineering review of water infrastructure, inspections, public outreach, and sampling. He said Kentucky has 428 public water systems, 263 water treatment plants, about 1.9 million service connections, and nearly 97% of the population has access to municipally treated water. He also noted that the state has 43 systems receiving awards for EPA areawide optimization and emphasized operator training, regionalization, and use of GIS mapping and Kentucky Infrastructure Authority data to support planning and funding decisions. Members raised concerns about aging infrastructure, water loss, staffing shortages, and wastewater problems in local systems. Representative Blandon described severe failures in a city system, including major water loss and sewer backups, and asked whether the state could intervene; Hatton said the division inspects treatment facilities and provides compliance assistance but is not authorized to manage delivery systems, though third-party help and emergency funding can be used in some cases. Senator Smith and others shared similar experiences with line loss and system failures, while Hatton pointed to regionalization and funding support as the main tools available. The discussion also highlighted PFAS as an emerging issue, with Hatton saying the department is working with systems to meet anticipated federal requirements by 2029.
CA

California 2025-2026 Regular Session

Assembly Budget Committee Jan 20th, 2026

Transcript Highlights:
  • We estimated at the time We estimated at the time that the state was facing an $18 billion deficit, and
  • $30 billion higher than our revenue estimates through the budget year.
  • We have both, as you see here, both of our offices estimate there to be large and persistent deficits
  • We estimated for the $35 billion that we'd really need about $60 billion in higher revenue every year
  • Marissa Hagerman with Tratton Price Consulting on behalf of Water Foundation.
Summary: The Assembly Budget Committee opened its hearing on the Governor’s 2026-27 budget with remarks emphasizing the start of a months-long process, the need for fiscal responsibility, and concerns about structural deficits, federal funding losses, housing and homelessness, and oversight. The vice chair echoed those concerns, warning against budgets built on short-term fixes and urging accountability. The Department of Finance presented a balanced budget year proposal of about $349 billion in total expenditures, including $248 billion General Fund, while acknowledging a structural imbalance in the out years and proposing a workload budget with limited new spending or cuts. Finance said the budget relies on stronger-than-expected revenues, but also on constitutional obligations such as Proposition 98 and Proposition 2, and on suspending a rainy-day fund true-up deposit to cover a projected $2.9 billion budget-year deficit. The administration highlighted higher education funding, climate and wildfire resilience investments, a new ZEV incentive, added Health and Human Services costs tied to H.R. 1, child care funding, and three tax proposals: third-party delivery tax compliance, a sustainable aviation fuel tax credit, and an extension of the California Competes tax credit. The LAO, by contrast, warned that the budget is “precariously balanced,” cited downside risk from stock market-driven revenues, and urged the Legislature to use reserves, avoid suspending rainy-day deposits, and begin shrinking multi-year deficits sooner rather than later. Member questions focused on wildfire mitigation and insurance, transit and GGRF funding, federal cuts affecting CalFresh and Medi-Cal, the proposed tax credits, homelessness accountability language, and education funding. Several members pressed for earlier partnership on deficit solutions and for more scrutiny of budget choices. The committee also discussed declining enrollment in K-12, community colleges, and CSU, with concerns about whether funding formulas are aligned with actual student demand. No formal votes or final actions were taken in the hearing.
NM

New Mexico 2026 Regular Session

House - Judiciary Feb 11th, 2026 at 05:05 pm

House Judiciary

Transcript Highlights:
  • I imagine there are good estimates and less good estimates for that. Thank you.
  • I imagine there are good estimates and less good estimates for that.
  • And I would note there is a consumer price index on these caps, so it will be increasing over time.
  • People were getting priced out of their homes because the property taxes were going up.
  • , people with jobs, families, and significant financial obligations are in many cases effectively priced
Bills: HB99 , HJR5 , HM39 , HB206 , HB213 , SB41 , SB153 , SB165 , SB261 , SB264
TX

Texas 89th 2nd C.S.

Environmental Regulation Apr 17th, 2025

Environmental Regulation

Transcript Highlights:
  • And so we're kind of estimating that half of the emissions tests currently have were either in, $160
  • This gives businesses flexibility to seek competitive pricing while also ensuring that fees they pay
  • This gives businesses flexibility to seek competitive pricing while also ensuring that fees they pay
  • until I can kind of look and see what that price is.
  • until I can kind of look and see what that price is.
Summary: The committee first heard House Bill 1904, which would classify intentionally released helium balloons as litter and create criminal penalties for balloon releases. The author and supportive witnesses argued that balloon releases harm wildlife, livestock, waterways, and infrastructure, and that the bill would close a loophole in current litter law. Several members questioned whether criminal penalties were appropriate, and the author said he was willing to work toward civil penalties and fines instead. No vote was taken, and HB 1904 was left pending. The committee then took up several pending bills and reported them favorably to the full House, including HB 3249, HB 3866, HB 4112, HB 1768, HB 1499, HB 573, and HB 464. These measures dealt with topics such as TCEQ contested-case procedures, outdoor storage containers, high-level radioactive waste, concrete plant permitting and grants, unannounced concrete batch plant inspections, and a scrap tire grant program. Most were adopted with substitutes and passed on recorded votes, generally with unanimous or near-unanimous support. A major portion of the meeting focused on HB 3997, which would create expedited permitting timelines for LNG facilities and related wastewater permits. Industry witnesses said the bill would provide certainty for multibillion-dollar projects without eliminating public participation, while environmental groups opposed parts of the bill that they said could limit contested-case participation and be unrealistic for SOAH timelines. TCEQ staff described the current wastewater permitting process and said some of the bill’s timing provisions could be workable, especially with an expedited fee. The bill was left pending after the author said he would continue working on committee substitute language. The committee also heard HB 1237 on extending the renewal window for expired TCEQ occupational water licenses, and HB 4519, a TERP consolidation bill that would combine several clean transportation grant programs into fewer programs. HB 1237 was left pending without testimony, while HB 4519 drew broad support from environmental and industry witnesses who favored simplifying the program, though some asked for stronger emphasis on particulate matter and hydrogen funding. The committee withdrew the substitute on HB 4519 and left it pending. Finally, HB 5033, which would eliminate the motor vehicle emissions inspection and maintenance program if federal authority changes, drew opposition from environmental and inspection-industry witnesses who warned it would weaken air-quality protections and could remove an important enforcement tool. The author said the bill was intended as a trigger mechanism and would be refined, and HB 5033 was left pending. The committee also heard HB 1227 on municipal solid-waste franchise fees and private-provider access; the author said he would bring a substitute after hearing concerns from cities, and the bill was left pending.
NY

New York 2025-2026 Regular Session

Senate Standing Committee on Cities 1 - 05/14/2026

Cities 1

Transcript Highlights:
  • a lawsuit brought by Democrats in other parts of the city to break up what was then the Board of Estimate
  • And there was the lawsuit, as I said, it went to the courts, the courts struck down the Board of Estimate
  • lawsuit brought by Democrats in other parts of the city, to break up what was then the Board of Estimate
  • And there was the lawsuit, as I said, it went to the courts, the courts struck down the Board of Estimate
  • MTA, congestion pricing—a real insult to the people of Staten Island, who have heard more than any other
Committee: Senate Cities 1
Keywords: 993, senate, all
Summary: The Senate Standing Committee on Cities 1 met on May 14, 2026, with a quorum present and Chair Erik Bottcher presiding. The committee considered a series of bills affecting New York City and related tax, housing, and municipal issues. Early measures included a neighborhood small business rent increase exemption (S.1451A), notice to community boards before locating transitional housing (S.3884), a solar and energy storage tax abatement credit (S.4272A), towing protection enforcement (S.4793), safety policies and training for correction and health workers (S.543?), and a proposal to create the city of Staten Island (S.8578). Most of these bills were advanced to other committees after brief discussion and voice votes. The most extensive debate centered on S.8578, which would incorporate Staten Island as a separate city. Senator Lanza argued that Staten Island has long been neglected by New York City, cited past referendums and historical grievances, and urged the committee to let the bill continue through the process. Chair Bottcher and other members responded that Staten Island is an important part of New York City and discussed housing, transit, environmental preservation, and the City of Yes zoning changes; several members said they did not support secession but were open to continued conversation about Staten Island’s needs. After debate, the bill was defeated in committee. The committee also considered an artist housing preferences bill (S.9652), a facade-work tax abatement bill (S.9559), a parkland discontinuance measure (S.9987), and a credit/debit card surcharge prohibition bill (S.1005). S.9652, S.9559, S.9987, and S.1005 were reported out after voice votes. One homeless shelter placement bill (S.5554) failed. The meeting concluded after the final votes and adjournment.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Ways and Means Jun 21st, 2026 at 11:00 am

Joint Committee on Ways and Means

Transcript Highlights:
  • That’s what we’re working on, to lower prices for customers.
  • That's what we're working on, to lower prices for customers.
  • Well, many others now are subject to the crazy price of oil, crazy price of gas.
  • So that just increases the price of gas for the rest of us.
  • But the wind performed really well and at a really great price.
Keywords: 995, all
Summary: The Joint Committee on Ways and Means held a hearing at UMass Amherst on Governor Healey’s fiscal year 2027 budget, focusing on energy/environment-related transportation issues and the Massachusetts Department of Transportation. The chairs and members opened with thanks to UMass, university leadership, court officers, and legislative staff, and Chancellor Javier Reyes highlighted UMass Amherst’s research, workforce, sustainability, and transportation contributions, including energy research, transit operations, and partnerships with MassDOT. The hearing then moved to MassDOT and MBTA testimony on the administration’s transportation funding package, including House 2, the FY26 Fair Share supplemental, and a proposed four-year Chapter 90 authorization. MassDOT officials described the budget as part of a broader multi-year transportation investment strategy, citing funding for operations, snow and ice removal, regional transit authorities, the MBTA, the Merit Rating Board, sustainable aviation fuel credits, micro-transit and last-mile grants, unpaved road improvements, bridge and pavement work, and housing-related transportation infrastructure. They emphasized workforce expansion, capital delivery capacity, safety improvements, and local aid, including the new lane-mile-based Chapter 90 formula intended to benefit rural communities. Officials also discussed major projects and programs such as Grant Central, culvert and unpaved road grants, work zone speed cameras, congestion hotspot fixes, the Sagamore and Bourne Bridge projects, and MBTA operating support and safety upgrades. Testimony from the MBTA and rail/transit staff focused on improved ridership, service frequency, accessibility, and safety, including progress on the Green Line Train Protection System, reduced delays, expanded bus and commuter rail service, and the South Coast rail extension. Regional transit authorities reported increased ridership and described new fare-free, connectivity, and community transit grants. Aeronautics testimony covered airport capital work, drone and data programs, sustainable aviation fuel efforts, and workforce development in aviation maintenance. Committee members then asked questions, especially about Western Massachusetts priorities, Chapter 90 funding, bridge repairs, snow and ice costs, Cape Cod bridges, Buzzard’s Bay rail, and Compass Rail/West-East Rail. Officials said several federal rail grants were moving forward, that Sagamore Bridge procurement would begin soon, and that the administration remained committed to pursuing federal funding and multi-year transportation investments.
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Fifty Nine - Tuesday, April 28

Missouri House Floor Meeting

Transcript Highlights:
  • And so consequently, you make estimated payments the entity does for those individual owners.
  • So thank you. ...estimated on your PTE coupons. Right. Yeah. So thank you and go from there.
  • Thank you, Madam Speaker. estimate on your PTE coupons. Right. Yeah.
  • But there is absolutely, you're right, there is a price for transparency. Employee to be done.
  • Sometimes you're quoted prices, like astronomical prices, for them to comply with the Sunshine request
Keywords: 959, house, all
ID

Idaho 2026 Regular Session

Agenda Jan 15th, 2026

Transcript Highlights:
  • Senator, just a question: you showed the price tag for the non-WAMI representative, sorry, Representative
  • You showed the price tag for the non-WAMI seats.
  • Representative Price, thank you, Mr. Co-Chair, and Ms. Renfro. So Thank you, Mr. Co-Chair, and Ms.
  • Chairman and Representative Price, Chairman and Representative Price, I cannot give you a direct number
  • To get from estimated expenditures to the base, the adjustments that are made are removing any one-time
Keywords: 989, all
Summary: The meeting focused first on a legislative working group report created under House Bill 368 from the prior session on medical education in Idaho. The presenter described Idaho’s physician shortage, noting the state ranks 50th per capita in physicians and would need roughly 1,400 additional physicians to reach the national average. The group’s unanimous recommendations included maintaining current state-supported medical school seats, adding 10 new non-WAMI seats this year, expanding graduate medical education by 15 seats, prioritizing in-state training, and creating a dedicated health education coordination role to manage undergraduate and graduate placements, clinical sites, and data. Members discussed whether WAMI should also expand, the quality of WAMI graduates, the need for more clinical preceptors and residency sites, rural recruitment incentives, and whether the plan should include other health professions such as nurse practitioners and physician assistants. The presenter said the plan includes benchmarks and timelines, and estimated costs of about $350,000 for coordination, $350,000 to $485,000 for 10 new UME seats depending on placement, and $900,000 for the GME request. The committee then heard from Legislative Audit Division Manager April Renfro on the state’s 2024 single audit and related accountability work. She reported $5.4 billion in federal assistance audited, 21 major federal programs across 15 agencies, 45 findings, seven repeat findings, $2.4 million in known questioned costs, and $2 million in projected questioned costs. Major issues were concentrated at the Department of Health and Welfare, including Medicaid findings involving delayed health and safety surveys, managed care provider eligibility and roster controls, and capitation payments tied to ineligible members; Child Care and Development Fund reporting and cost-allocation errors; and repeat issues in vocational rehabilitation and low-income home energy programs. She also noted Department of Environmental Quality problems with indirect cost proposals and a duplicate grant draw, while Transportation had no findings. Members asked about accountability for repeat findings, the role of Luma in reporting errors, fraud detection, and how to prioritize corrective action; Renfro said agencies, federal management decisions, and legislative oversight all play a role, and she planned to send a prioritized list of key findings to the co-chairs. A later presentation by budget analyst Brooke Dupree introduced front-end reports in the legislative budget book, explaining state government structure, the constitutional limit of 20 executive departments, and how the Legislature uses decision units to build appropriations. She walked through the original appropriation, reappropriations, supplemental appropriations, and how those pieces roll into the current-year total appropriation, with members asking brief questions about departmental divisions and the budget model.
ID

Idaho 2026 Regular Session

Legislative Session Day 50 Mar 2nd, 2026

Idaho Senate Floor Meeting

Transcript Highlights:
  • million over what the governor originally, or what the gentleman on the second floor originally, estimated
  • Now, that presumes that the $155 million conformity bill is an accurate estimate.
  • If that $40 million behind the current revenue estimate holds, then we'll have $5 million on the bottom
  • But that's adjusted per person and for inflation, and that is, again, adjusted with the consumer price
  • And we're going to, because of the mistakes we made, make the people of Idaho pay the price.
Keywords: 989, all
NM

New Mexico 2025 Regular Session

IC - Federal Funding Stabilization Subcommittee May 28th, 2025

Federal Funding Stabilization Subcommittee

Transcript Highlights:
  • And what this whole federal discussion reminds me of is, uh, in 2017, when, um, oil prices plummeted
  • Uh, we, our best estimate is 2015 of those employees are 100% funded by federal funds, and an additional
  • Uh, but we estimate that that could be a loss to the state of between 600 million to 1.3 billion over
  • A recession, oil prices that were 10 bucks off what the forecast was, natural gas that was 1 buck off
  • Uh, healthcare prices and inflation, uh, you know, uh, that goes, you know, healthcare inflation goes
ND

North Dakota 2026 1st Special Session

Legacy and Budget Stabilization Fund Advisory Board Mar 31st, 2026 at 11:00 am

Legacy and Budget Stabilization Fund Advisory Board

Transcript Highlights:
  • is it priced itself out of the market for the most part?
  • Earnings, you know, the price to the earnings, and that's kind of a valuation measure.
  • Estimated fee savings are about $4.78 million.
  • It's also beneficial as the public market prices change much more rapidly than the private market prices
  • The public market prices change much more rapidly than the private market prices, and if we didn't do
Keywords: 908, all
ND

North Dakota 2026 1st Special Session

Legacy and Budget Stabilization Fund Advisory Board Mar 31st, 2026

Legacy and Budget Stabilization Fund Advisory Board

Transcript Highlights:
  • , but is it priced itself out of the market for the most part?
  • Earnings, you know, the price to the earnings, and that's kind of a valuation measure.
  • Estimated fee savings are about $4.78 million.
  • It's also beneficial as the public market prices change much more rapidly than the private market prices
  • The public market prices change much more rapidly than the private market prices, and if we didn't do
Summary: The committee met with a quorum, approved the October 22 minutes, and received an update on the planned Legacy Fund transparency website. Jody Smith said the site is in contract negotiations after six bidders responded, with a target go-live around November 1 after added security review. The website is intended to provide downloadable, more detailed public information on the Legacy Fund, including historical changes, legislative allocations, and investment breakdowns. Members asked about comparables and data detail, and Smith said North Dakota would likely be the first state to offer this level of sovereign wealth fund transparency. Scott Anderson of the Retirement Investment Office then reviewed Legacy Fund performance through January 31, 2026, describing strong returns, low fees, and the benefits of diversification. He noted that real estate had been a drag on returns, but it is a small portion of the portfolio, and he discussed market effects from geopolitical events, inflation, credit spreads, and private credit. Members also questioned the in-state investment program and the BND CD-Match program. Representative Bosch moved to pause new transfers to the CD-Match program until the bank reports back, and the motion passed on a roll call vote. The committee also agreed to request a cost-benefit analysis from RVK on that change. After lunch, the committee heard from RVK consultant Jim Voidko on the investment policy statement, focused on the in-state investment provisions. He reported that, after interviews with implementers and stakeholders, RVK found no major policy impediments in the current IPS and no strong calls to change the size limits or core guardrails. He emphasized the importance of risk-adjusted returns, diversification, pacing, exit strategies, and governance, and warned that foregone returns or higher spending obligations can pressure the fund’s long-term mission. He also recommended clearer terminology around “infrastructure,” distinguishing public infrastructure from commercial infrastructure, and noted unresolved policy questions about nexus and economic diversification. The committee then began reviewing proposed IPS updates with Rio staff.
ID

Idaho 2026 Regular Session

Agenda Feb 4th, 2026

Local Government

Transcript Highlights:
  • Representative Price. Thank you, Mr. Chairman, our Vice Chair.
  • Representative Price: Thank you, Madam Chair.
  • Lunders: Madam Chair, Representative Price, absolutely.
  • Madam Chairman, Representative Price.
  • Representative Price. Representative Price: Thank you, Madam Chair.
Summary: The committee first introduced and approved two RS measures. One dealt with public records requests and aimed to clarify language so disputes between requesters and agencies would not have to be resolved through lawsuits; a technical correction was adopted and the motion to introduce the RS passed. A second RS addressed forced annexation and wastewater systems, proposing that property owners in certain annexation situations be allowed to maintain or replace existing wastewater and water systems; after brief discussion about property rights and local environmental oversight, that RS also passed. The main hearing was on House Bill 554, concerning mosquito abatement taxing districts and opt-out rights for property owners. The bill sponsor and supporters argued that current districts do not adequately honor opt-out requests, that spraying can harm bees, gardens, livestock, and ecosystems, and that property owners should have informed consent and stronger protections. Several residents from Gem County testified in favor, describing personal experiences with spraying, health concerns, and difficulties getting exemptions. They said they had implemented private mosquito-control measures and wanted the bill to restore property rights and transparency. Opponents, including county association representatives and mosquito abatement district officials from Canyon and Ada counties, said the bill would undermine public health mosquito control, create major administrative burdens, and increase costs. They emphasized that districts already use surveillance, larval control, and targeted treatments, that many residents request service, and that aerial and drone applications are important for effective prevention. They also said the bill could make it difficult or impossible to treat in dense neighborhoods, could expose counties to private lawsuits and added expense, and could reduce the ability to prevent West Nile and other mosquito-borne disease outbreaks. No final committee action on HB 554 was taken in the portion provided.
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Feb 6th, 2026

Transcript Highlights:
  • This is estimated to generate about $175 million per year.
  • And if we do, there's a price that we will have to pay.
  • We're getting priced out of Washington.
  • that on a five-year estimated impact of 9 to 20 claims.
  • HCA estimates that these two provisions combined will increase 120-hour detentions by an estimated 15%
Summary: The Ways and Means Committee met on February 6, 2026, and first voted to suspend the five-day notice rule for all bills on the agenda. Senators Braun and Gildon objected, arguing the bill needed more public review and that the fiscal note had only just been released, but a roll call vote passed 15-9 and the committee proceeded to Senate Bill 6346. Staff briefed SB 6346 as a proposal to create a 9.9% income tax on Washington taxable income above a $1 million per-household standard deduction, with a $50,000 charitable deduction, apportionment rules for nonresidents and certain professions, quarterly estimated payments, and credits for capital gains tax and certain business taxes. Staff said the tax would begin in 2029 and eventually raise about $3.5 billion annually from roughly 30,000 taxpayers. The bill also would expand the Working Families Tax Credit, create a sales tax exemption for grooming and hygiene products, increase the small business B&O tax credit and filing threshold, and end the B&O surcharge on high-grossing businesses one year early. Members questioned the bill’s constitutionality, its exemption from referendum, treatment of student athletes, natural-resource industries, and whether real estate gains would be captured. Public testimony was sharply divided. Supporters, including labor groups, educators, health care advocates, counties, child care workers, and some business owners and high-income individuals, said the bill would make the tax code more progressive and provide stable funding for health care, education, child care, public defense, and other services, while expanding the Working Families Tax Credit. Opponents, including many small business, construction, housing, and taxpayer advocates, argued the measure would function as a tax on pass-through businesses and retained earnings, harm housing production and investment, encourage wealthy residents and businesses to leave the state, and violate the state constitution or the will of voters. No final action on SB 6346 was taken during the hearing.