Transcript Highlights:

• While the financial numbers and components are important, as we've heard, the real impact would be on
• are important, as we've components are important, as we've heard,<00:31:22.480> the<00:31:22.640
• Well, with that then I will reserve my comments on these bills. Thank you. Other members?
• <01:47:40.400> my >> Well, with that then I will reserve my >> Well, with that
• then I will reserve my comments<01:47:40.960> on<01:47:41.119> these<01:47:41.360>

Keywords: 1187, senate, all

Transcript Highlights:

• Minnesota has reserved additional powers to corporate shareholders in the bylaws to make decisions about
• We have reserved<01:35:54.719> additional<01:35:55.360> powers<01:35:56.239> to<
• 01:35:56.480> the reserved additional powers to the reserved additional powers to the corporate
• days to 60 days, which was a really days to 60 days, which was a really important<01:45:32.159> component
• important component to legal aid here. important component to legal aid here.

Keywords: 1187, senate, all

Transcript Highlights:

• These are two critical components of his person-centered plan.
• There's a couple of other additional components in here. There's a moratorium on licensing.
• There's a couple of other additional components in here. One is a moratorium on licensing.
• There's a systemic problem with the components not working anymore: case management, day or work programs
• <01:36:14.639> in counties and one tribal reservation in counties and one tribal reservation

Keywords: 1187, senate, all

Transcript Highlights:

• So, um, I do have the room reserved.
• <00:01:05.119> room necessary so um I do have the room necessary so um I do have the room reserved
• 00:01:07.200> at<00:01:07.759> 4:<00:01:08.759> uh<00:01:08.880> the reserved
• we could come back at 4: uh the reserved we could come back at 4: uh the room<00:01:09.159> would
• with DNR and with you to enhance this bill or a separate reform package that addresses the DNR components

Keywords: 1183, house

Transcript Highlights:

• So this actually converts it to a lottery, and 40% is reserved for people who have a greater need.
• <00:17:20.919> for<00:17:21.120> people lottery and 40% is reserved for people lottery
• and 40% is reserved for people of<00:17:22.559> uh<00:17:22.679> who<00:17:22.880>
• And I know that's true for a lot of things, and this is a component to get a steady revenue stream to
• to get a steady Revenue stream component to get a steady Revenue stream to<00:47:49.680> allow

Keywords: 1187, senate, all

Transcript Highlights:

• But that's what they're saying about creating spaces that are reserved just for women, biological women
• <00:29:02.000> just creating spaces that are reserved just creating spaces that are reserved
• I mean, the scientists will say, okay, when we look at gender or sex, there are really three components
• <01:10:17.840> for<01:10:18.159> biological teams are reserved for biological teams
• are reserved for biological females,<01:10:20.159> prohibits<01:10:20.880> biological<

Keywords: 1191, senate, all

Transcript Highlights:

• With that,<05:07:51.840> I<05:07:52.080> reserve. that, I reserve. that, I reserve.
• Gentle lady from Washington reserves. reserves. reserves.
• Gentleman from Ohio<05:51:17.360> reserves. Ohio reserves. Ohio reserves.
• Gentleman from Ohio.<05:59:36.718> Reserves. Ohio. Reserves. Ohio. Reserves.
• >> Reserve. >> Reserve. >> Reserve.

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, December 16, 2025, 1012, house, all

Transcript Highlights:

• I reserve the balance of my time. The gentleman from New York reserves.
• I'll reserve the balance of my time. The gentleman from Colorado reserves.
• I reserve the balance of my time. The gentleman from Missouri reserves.
• The gentleman from Missouri reserves. The gentleman from California reserves.
• gentleman reserves gentleman reserve gentleman reserves gentleman from<04:29:54.520> Missouri<

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, March 4, 2025, 1012, house, all

Transcript Highlights:

• If we dislike or have components about the Demand-Side Grid Support program that we dislike, the PUC's
• And so it's a really key component, and I know that there is a push from myself and a number of other
• . ...which had several different components.
• So we have now built back up our rate case team in order to be able to do the fundamental components
• The High Cost Fund A part is your core bread and butter component, so that doesn't really match up for

Keywords: 988, house, all

Summary: The committee first heard a budget item on demand-side grid support and emergency load flexibility funding. The Department of Finance proposed redirecting General Fund money for summer 2026 to the CEC’s Demand-Side Grid Support program and using accumulated CalCHAP interest to support a successor ratepayer-funded demand response program for summers 2027 and 2028. The CEC and CPUC said they are working on a transition from DSGS to ELRP or an equivalent program, while the LAO said the proposal mainly presents a choice between keeping the money in General Fund savings or using it for DSGS. Members pressed the administration on why DSGS should be sunset when it has higher enrollment and lower administrative costs than ELRP, and on whether the state should continue funding demand response at all. The CPUC argued ELRP and DSGS are not directly comparable, said it is pursuing a broader demand flexibility rulemaking, and noted a decision on a successor program is expected in Q3 2026. No vote was taken in the excerpt, but members signaled interest in keeping DSGS funding at the CEC. The second item concerned trailer bill language for the transmission accelerator program under SB 254 and Proposition 4. GoBiz and IBank described a new financing structure for major transmission projects selected through CAISO’s competitive planning process, with about $26 million in administrative resources over five years. The LAO raised no specific concerns but emphasized that this is the Legislature’s first appropriation for a new program and that the final language should clearly reflect legislative intent. Members asked about state liability, ownership, and how the financing would lower ratepayer costs; staff explained that state financing would cover only a portion of large projects and could reduce the amount included in utility rate base, with estimated lifetime savings varying widely. Members also discussed offshore wind transmission needs and asked for an update on related Proposition 4 funding. The final item covered CEC and DPMO budget requests related to petroleum market oversight and supply stabilization. The CEC requested funding for additional positions to implement AB X2-1 and related fuel market monitoring work, while DPMO sought to make a data specialist position permanent. The LAO said it found the staffing requests justified. Members questioned why the work is funded through the Energy Resources Programs Account, whether staff from paused price-gouging work could be reassigned, and what evidence had been found of price gouging or market manipulation. CEC and DPMO said their work on reporting, analysis, and supply stabilization continues, that some staff are still working on related analyses, and that they are preparing further workshops and recommendations. The discussion also touched on refinery closures, gasoline imports, and the state’s changing fuel supply conditions, but no formal action was taken in the excerpt.

Transcript Highlights:

• The two that are proposed for reversion are a catalytic component and then a commercial property pilot
• And the catalytic component was split into a large jurisdiction and a small jurisdiction, and it has
• On the catalytic component, I think for small jurisdictions, yes, by statute, right?
• In order to keep my presentation short, I'll identify the components and provide a summary of how it
• I'll identify the components and provide a summary of how it works to backfill the VLF shortfall.

Summary: The subcommittee first heard an informational presentation on the May Revision’s proposed reorganization of the Business, Consumer Services and Housing Agency into separate housing-focused and consumer/business-focused entities. Administration officials said the split would improve oversight, streamline decision-making, and create a dedicated California Housing and Homelessness Agency with a new housing development and finance committee. The Department of Finance said funding was needed in 2025-26 to begin implementation, while the LAO recommended rejecting the proposal without prejudice because the Little Hoover Commission review was still pending and the plan would require ongoing General Fund costs. Members raised concerns about the timing, the lack of alignment with the budget process, and whether the reorganization would improve accountability for homelessness spending; several public witnesses supported the concept but stressed it could not substitute for new housing and homelessness dollars. The committee then took up the Department of Veterans Affairs. CalVet requested funding for phase three of its electronic health care record project and a trailer bill to preserve authority for federal background checks, but the May Revision withdrew requests for deferred maintenance and additional administrative support. The LAO noted deferred maintenance can prevent larger future costs, and the chair criticized the withdrawal of less than $1 million for veterans’ homes as short-sighted given existing repair needs. No vote was taken. Next, the Department of Housing and Community Development presented its budget. HCD said the May Revision provides no new affordable housing or homelessness funding, but does retain existing rounds of funding and proposes a $31.7 million reversion from undersubscribed housing programs. Members from both parties expressed concern about zeroing out ongoing housing and homelessness investments, especially for LIHTC, the Multifamily Housing Program, and HAP. HCD also defended its homelessness accountability and compliance work, saying the unit includes about 30 program staff and six attorneys, with three additional attorneys requested mainly to handle public records and litigation workload. Public commenters largely opposed the lack of new funding and urged continued support for housing and homelessness programs, while some supported the reorganization and accountability efforts. Finally, the committee heard Go-Biz proposals. The administration requested authority to increase funding for a federal trade program match if needed, plus reappropriations for administrative funds tied to the Containerized Ports Interoperability Grant Program, zero-emission vehicle operations, and the Women’s Business Center Enhancement Program. It also proposed withdrawing the Cal Competes grant request and reverting remaining funds from the Performing Arts Equitable Payroll Fund. The LAO said Cal Competes is generally effective but could be cut as a budget solution, while warning that the performing arts fund was close to awards and should be considered carefully. Members objected to pulling back committed funds for performing arts organizations and questioned why the state would withdraw support after applications had already been submitted.

Transcript Highlights:

• They are a major component of parties.
• You you spend them with those reserves?
• Um, and I would just reserve any further comment.
• Um, and I would just reserve any further comment.
• Um, and I would just reserve any further comment.

Keywords: 1191, senate, all

Transcript Highlights:

• >> I reserve. >> I reserve. >> Gentleman<01:59:09.360> reserves.
• >> I<02:25:36.960> reserve. >> I reserve. >> I reserve.
• >> I reserve. The gentleman reserves. >> I reserve. The gentleman reserves.
• >> Reserve. >> Reserve. >> Reserve. >> Gentleman<03:37:45.920> reserves.
• >> I<03:41:28.960> reserve. >> I reserve. >> I reserve.

Keywords: U.S. House of Representatives Floor Proceedings on Thursday, July 17, 2025, 1012, house, all

Transcript Highlights:

• As we begin in bod testimony, I ask that you please reserve your questions until the has recognized those
• As we again invite a testimony, ask please to reserve your questions until the entire panel has completed
• They do not need a reservation.
• However, after 5 p.m., you can make reservations to use amplification. sound in other areas both in the
• For events inside our dedicated areas they do You need to follow the application and space reservation

Keywords: 1185, senate, all

Transcript Highlights:

• The Federal Reserve is unlikely to change its policy significantly, be out of, say, its expectation of
• The next is also continued consideration for the state's reserve policy and our emergency budget and
• reserve fund, which is at the highest level that it has ever been.
• consideration for the state's Reserve consideration for the state's Reserve policy<01:42:03.880>
• Second is a deposit into the emergency budget reserve fund.

Keywords: 910, house, all

Summary: The Committee on Finance held its first informational briefing for 2025, beginning with member introductions and then hearing an economic outlook presentation from Dr. Eugene Tian of the Department of Business, Economic Development and Tourism. Dr. Tian said Hawaii’s economy was in relatively good shape in several areas, especially construction, which he described as at a historical high, with construction employment above 40,000 monthly and building permit values and contracting tax base both up sharply. He also noted real estate sales had rebounded in 2024, the labor market had stabilized with unemployment around 2.9%, and initial unemployment claims were below 2019 levels. At the same time, he highlighted challenges including inflation running above the national rate, a shrinking labor force, lower employment compared with 2023, and continued weakness in visitor spending and arrivals. He said future growth would likely come from health care, professional services, construction, tourism recovery, and diversified sectors such as renewable energy, aquaculture, creative industries, and technology. Dr. Tian also discussed Hawaii’s economic structure and recovery, saying the state remains more concentrated in a few industries than the U.S. overall, with government and hospitality making up larger shares of the economy. He said non-tourism sectors had recovered, but tourism-related jobs and output were still below pre-pandemic levels, with Maui and the visitor industry still affected by the wildfire and COVID-19 impacts. He projected tourism and non-agricultural wage and salary jobs would not fully recover until 2027, and said population trends remain a concern because of aging, the likelihood of deaths outpacing births in coming years, and reliance on in-migration. After his presentation, the chair said questions would be taken later and the committee took a short break. After the break, Dr. Carano of the Hawaii Executive Director’s office presented a second outlook, saying Hawaii’s economy in 2025 looked better than 2024 overall, though he emphasized substantial uncertainty tied to the incoming federal administration. He said possible changes to tariffs, tax policy, immigration, and federal spending could raise inflation and keep interest rates higher than previously expected, which would affect housing, consumer debt, the dollar, and Hawaii’s visitor industry. He noted that U.S. visitors account for roughly three-quarters of visitor spending in the state, making federal policy especially important. He also said deregulation could be a long-term positive but would not likely have much effect in 2025 or 2026. As an additional risk, he pointed to bird flu and its effect on livestock, poultry, and egg prices. No votes or formal actions were taken during the briefing.

Transcript Highlights:

• Well, in the unrestricted reserves, and these numbers are the December numbers, schools are sitting on
• unrestricted reserves of $5 billion, with a B.
• We had a little discussion about the amount of reserve funds that our school districts have across the
• And that was in his first year as the administrator, so they didn't have a lot of those reserve funds
• Well, and I know you had some reservations, but I appreciate what you're saying, that you, even you,

Summary: The House convened with prayer, the Pledge of Allegiance, and approval of the prior day’s journal by a 107-1 roll call vote. Members then spent a substantial portion of the morning introducing guests, including family members, students, interns, nonprofit representatives, a park ranger recognized for life-saving work, and legislative staff being honored for service or graduation. Committee reports and Senate messages followed, including Senate refusals to concur on several amendments to Senate Bill 1421 and the appointment of a conference committee on House Bill 2818. The main floor debate centered on the conference committee report for House Bill 2002, the K-12 education budget. The budget chair explained that the report maintained record-level overall funding for the foundation formula but changed the mix of funding sources, including a reduction in capital commission dollars and use of blind pension funds, with possible later ARPA dollars to offset shortfalls. Several members argued the bill still underfunded schools by about $190 million and raised concerns about relying on projected or one-time funds; others defended the budget as meeting or exceeding constitutional requirements and noted record spending per pupil and recent increases in education funding. A substitute motion to send the bill back to conference failed 62-89, and the conference report was then adopted 83-68; the bill was subsequently third read and passed 83-68. The House then adopted and passed House Bill 2003, the higher education budget, by 119-28 on adoption and 109-32 on third reading. Debate there focused on restoring the governor’s recommended funding while directing higher education institutions to develop a new performance-based funding formula by the end of the year. Members generally described the compromise as a step toward a more sustainable model while preserving current funding levels. Next, House Bill 2004, covering the Departments of Revenue and Transportation, was adopted 128-21 and passed 127-27; discussion highlighted transportation funding, rural roads, and a small local safety appropriation that had already been addressed by MoDOT. The House then began debate on House Bill 2005, the Office of Administration budget, with members emphasizing IT accountability, state employee functions, and ongoing technology consolidation/deconsolidation issues.

Transcript Highlights:

• Vice Chair votes with reservations. Senator McKel is excused. Senator Richards: I.
• Senator Filla: Reservation. Recommendation is adopted. Thank you.
• Of the CPN members present, are there any voting with reservations or objections?
• Of the five members present, do we have any objections or reservations?
• Of the five members present, do we have any objections or reservations?

Keywords: 912, senate, all

Summary: The joint Senate hearing focused primarily on SB 1201, a wildfire measure that would create a wildfire recovery fund and allow securitization for electric utilities. Hawaiian Electric strongly supported the bill, saying it would help protect customers, property owners, insurers, and the broader economy from future catastrophic wildfire liability while improving the utility’s credit profile and lowering financing costs. Support also came from DCCA Consumer Advocacy, the Attorney General’s office on written comments, Ulupono Initiative, Clearway Energy Group, IBEW Local 1260, Par Hawaii, KIUC, the Chamber of Commerce Hawaiʻi, Plus Power, and numerous organizations and individuals. Opponents or commenters raised concerns about the liability cap, victim compensation process, and fund structure, including the Hawaiʻi Association for Justice, the Hawaiʻi Regional Council of Carpenters, and the Hawaiʻi Insurance Council; Henry Curtis of Life of the Land supported the concept of a fund but questioned the catastrophe threshold and whether the fund would be empty without a prudency finding. Much of the discussion centered on whether the proposed fund would actually help restore Hawaiian Electric to investment grade, with senators comparing the proposal to California’s wildfire fund. Hawaiian Electric said the bill was only one part of a broader process, alongside physical risk reduction and settlement finalization, and argued that without the bill the utility would not regain investment grade. Senators also questioned the proposed $1 billion fund size, the fairness of ratepayer contributions versus shareholder contributions, and whether customers should pay for consulting and administrative costs; Hawaiian Electric said its proposed amendment would remove those consulting-related charges. The company also said the fund would accrue interest and, if unused, could be returned to customers, and that there would be replenishment and supplemental contribution mechanisms if the fund were exhausted. The Attorney General’s office said it still had further amendments to discuss, and the departments had not yet resolved where the fund should reside administratively, though Hawaiian Electric said it believed DCCA was the appropriate place but was open to alternatives. KIUC requested two amendments. No vote or final committee action was taken during the hearing, and the measure remained under discussion with questions and proposed amendments still outstanding.

Transcript Highlights:

• Friday is reserved for any unfinished business, if necessary.
• And the $51 billion number I mentioned before has multiple components in there.
• Subject to interest rates set by the Federal Reserve, these interest-bearing accounts are projected to
• Due to a recent interest rate cut by the Federal Reserve, recommendations include a reduction of $41
• They are a critical component of the criminal justice system locally, and I value the opportunity to

Bills: SB 1

Keywords: campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, 1185, senate, all

Transcript Highlights:

• And I want to know exactly what each of these components consist of.
• of it so you can see more components of it so you can see more detail<00:19:04.720> as<00:19:
• <00:35:26.079> is effective um HR1 this uh component is effective um HR1 this uh component
• And I think there's a financial component to all those as well. >> Okay. >> There is.
• component to all those as well. well. well.

Keywords: Meeting Start 00:00:00 Attendance Roll Call 00:00:01 Department for Public Health Budget Request 00:01:46 Department for Community Based Services Budget Request 00:31:58 Certified Community Behavioral Health Clinics (CCBHC) 00:57:13, 958, all

Summary: The committee first approved the minutes, then heard a lengthy presentation from the Department for Public Health on Kentucky’s rural health transformation plan and related budget questions. Commissioner John Langfeld said the state received a $212.9 million federal award, one of the larger awards nationally, and outlined five focus areas: maternal and infant health, integrated EMS/trauma response, behavioral health and substance use disorder, oral health, and chronic disease prevention with an emphasis on obesity and diabetes. He stressed that the effort is intended to be integrated, data-driven, and sustainable, and that the federal funds cannot be used for new construction, clinician salaries, research and development, EHR replacement, or to pay for currently billable services. He also said the program carries accountability requirements and that funds can be clawed back if milestones are not met. Members pressed for clarification on duplication with other budget requests, sustainability after the five-year funding period, and how success would be measured. Langfeld said he was not aware of any duplicate funding with the department’s additional budget requests and said the rural health funds were separate from those requests. He also said the program will be tracked through specific metrics and timelines, using both execution measures and outcome measures such as readmissions, with more rapid-cycle feedback to allow course correction. Representative Fleming raised concerns about possible overlap with navigator funding and asked for more detail on the budget breakdown; Langfeld said a detailed line-item budget had been prepared but was still awaiting final CMS approval before release, and that he would explore sharing more information once restrictions were lifted. The committee then heard from the Kentucky State Public Health Laboratory about a request for a new central lab expansion. The presenter described the current 35-year-old facility as outdated and constrained by aging infrastructure, obsolete equipment, deferred maintenance, and inadequate space, and said the lab performs critical work with no in-state alternative for many services, including newborn screening, select-agent and biosafety level 3 testing, animal necropsy for rabies, genetic sequencing, environmental and food safety testing, and response to emerging infectious diseases. The project is already in design phase C, expected to finish in mid-April, with construction funding sought at roughly $276 million on top of about $35 million already approved for design. Members asked about long-term operating costs, backup arrangements, and whether the current facility would remain in use; the presenter said the current lab would continue to be used by the department while other divisions move into vacated space, and that the lab has mutual-aid agreements with the Southeast Consortium and universities for contingency support. Finally, the Department for Community Based Services began its budget presentation on SNAP and relative caregiver issues. Commissioner Lisa Dennis and budget director Misty Sammons identified the governor’s recommended budget items tied to new federal requirements under HR1, including changes affecting payment error rates. The discussion was just beginning when the transcript ended.

Transcript Highlights:

• <01:30:07.920> Bank borrowing not the Federal Reserve Bank borrowing not the Federal Reserve
• <01:30:08.960> The<01:30:09.199> Federal<01:30:09.520> Reserve<01:30:09.920>
• The Federal Reserve Bank of of New York.
• The Federal Reserve Bank of New<01:30:10.480> York's<01:30:10.880> rate<01:30:11.120>
• There is agreement on the components of it and on the costs of it. And it is ready to go.

Keywords: 1191, senate, all

Transcript Highlights:

• And then, of course, there's the rainy day fund, which is formerly called the revenue stabilization reserve
• stabilization reserve account. stabilization reserve account.
• We received recommendations around training and other components that we could adopt in New Hampshire
• um or one instance whether we reserved um or received<01:22:17.520> and<01:22:18.400> um
• that we could adopt in other components that we could adopt in New<01:22:46.560> Hampshire<01

Keywords: 928, house, all

Summary: The House Finance Division 3 work session opened with routine announcements, including new and absent members, a tribute to former chair Rep. Jess Edwards, and an explanation that Division 3 is advisory and will make recommendations to full Finance. Chair Mooney also distributed a self-created index to the budget binder and reviewed the committee’s options under House Rule 45. Members discussed scheduling a future visit to the Veterans Home in Tilton, with several October dates unavailable, and the chair said she would circulate possible dates. The committee also reviewed the second-year budget context and sources of funding, including surplus monies, existing and new revenue streams, grants, reappropriations, and the rainy day fund. The committee then took up several retained bills and repeatedly heard that their substance had already been addressed in the budget. House Bill 519, funding the Waypoint Youth and Young Adult Shelter, was moved ITL and passed 10-0. House Bill 547, county reimbursement funds, was also moved ITL and passed 10-0 after members noted the reimbursement had been included in HB 2. House Bill 570, repealing the prescription drug affordability board, was moved ITL and passed 10-0, with minority members saying they still believed the board had value but acknowledging the repeal had already occurred in HB 2. House Bill 704, concerning caregiver respite and senior volunteer programs, received the most discussion. Mr. Ripple explained that most items were already funded or suspended in the budget, leaving only the senior volunteer grant program unfunded. Chair Mooney offered amendment 2963H to fund the RSVP program at $180,000 for one year, contingent on surplus funds, and DHHS witnesses explained that RSVP is a federally funded AmeriCorps program that would be added to existing state licensing structures. The amendment was adopted unanimously, and the bill was reported ought to pass as amended on a 10-0 vote. The committee then heard House Bill 751, which would require licensure of outpatient substance use disorder treatment facilities and create an ombudsman-related complaint process. DHHS witnesses said the bill had been narrowed substantially from an earlier certification model with multiple positions and IT costs to a licensing model using existing department infrastructure, reducing the fiscal note to $211,000 for one position. They also said the ombudsman section was no longer needed because licensed facilities would fall under existing oversight. Members questioned how many facilities exist and whether licensing fees would cover costs; DHHS said it did not know the full provider landscape and that licensing revenue across the board does not cover the department’s costs. Rep. Daniels then proposed amendment 2964H to form a study committee because of the remaining questions and lack of a clear revenue stream, and the committee was still discussing that amendment when the transcript ended.