Video & Transcript Research : 'cost allocation'

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US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Wednesday, February 25, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • But if electric appliances are so cost effective, why do Democrats need to allocate billions in taxpayer
  • But if electric appliances are so cost effective, why do Democrats need to allocate billions in taxpayer
  • But if electric appliances are so cost effective, why do Democrats need to allocate billions in taxpayer
  • But if electric appliances are so cost effective, why do Democrats need to allocate billions in taxpayer
  • But if electric appliances are so cost effective, why do Democrats need to allocate billions in taxpayer
TX

Texas 89th Regular

89th Legislative Session May 2nd, 2025

Texas House Floor Meeting

Transcript Highlights:
  • This aims to reduce unnecessary litigation and help lower litigation costs when one person...
  • The problem can be addressed with no cost to the state. I move passage.
  • Has any of the state pension funds made an allocation to any of these entities ever?
  • So the question is, what's the proper allocation?
  • There's not a prescribed asset allocation. So yes, the language is in there.
Bills: HJR138, HB42, HB 104, HB 129, HB677, HB426, HB668, HB1699, HB2017, HB2128, HB2038, HB3783, HB3717, HB2316, HB3686, HB2563, HB3883, HB4021, HB2788, HB2663, HB3305, HB3173, HB3474, HB 1105, HB3531, HB3490, HB3597, HB 1295, HB3512, HB3010, HB3112, HB4215, HB3223, HB3464, HB3120, HB4214, HB4511, HB3704, HB4081, HB4783, HB4063, HB2783, HB4937, HB5085, HB2510, HB3426, HB4361, HB 1169, HB2516, HB2347, HB4034, HB4700, HB3560, HB5150, HB3860, HB3146, HB3924, HCR98, HCR92, HB1520, HB1545, HB5265, HB1887, HB1914, HB2402, HB2306, HB2350, HB3000, HB3237, HB3326, HB3211, HB 1056, HB2081, HB2187, HB3092, HB3308, HB3526, HB3750, HB4219, HB4230, HB4290, HB5238, HB4804, HB4749, HB245, HB1465, HB294, HB793, HB809, HB3928, HB334, HB2037, HB1973, HB285, HB4341, HB 1043, HB 1234, HB 1193, HB1729, HB2498, HB1314, HB1353, HB3960, HB3923, HB2221, HB2517, HB2518, HB2213, HB5092, HB3748, HB5246, HB4344, HB1482, HB4044, HB2702, HB4264, HB2807, HB2898, HB3181, HB3250, HB2091, HB2115, HB2542, HB2768, HB3349, HB4406, HB1593, HB1899, HB3133, HB3133, HB4960, HB3214, HB2145, HB 1201, HB5061, SB29, SB879, SB65, SB1745, SB412, SB412, SB1746, SB1238, SB1341, SB522, SB1532, SB1378, SB1062, SB2066, SB1963, SB2204, SB1366, SB2077, SB1967, SB1151, HB1618, HB2156, HB2615, HB2615, HB2349, HB1926, HB569, HB1762, HB38, HJR138, HB42, HB 104, HB 104, HB 129, HB677, HB426, HB668, HB1699, HB2017, HB2128, HB2038, HB3783, HB3717, HB2316, HB3686, HB2563, HB3883, HB4021, HB2788, HB2663, HB2663, HB3305, HB3173, HB3474, HB 1105, HB3531, HB3531, HB3490, HB3490, HB3597, HB 1295, HB3512, HB3010, HB3112, HB4215, HB3223, HB3223, HB3464, HB3120, HB4214, HB4511, HB3704, HB4081, HB4783, HB4063, HB2783, HB4937, HB5085, HB2510, HB3426, HB4361, HB 1169, HB2516, HB2347, HB4034, HB4700, HB3560, HB5150, HB3860, HB3146, HB3924, HCR98, HCR92
NM

New Mexico 2026 Regular Session

House - Education Feb 6th, 2026 at 09:04 am

House Education

Transcript Highlights:
  • And we've heard from APS about the cost and we've heard from other areas about the cost. ...from APS
  • about the cost and we've heard from other areas about the cost.
  • to... ...is going to have to lower their SCG allocation to get to a net zero cost there.
  • While they still have to pay personnel and some other overhead costs, their costs are not the same.
  • So your per-student allocation is going to drop by about $37.40 per student.
Bills: HB2, SB204, SB241, HB34
OR
Transcript Highlights:
  • First is cost trend. This is just talking about what does it cost to go to a... ...doctor?
  • What does it cost to go to a hospital?
  • So we're talking about unit cost here.
  • prescription drugs, pharmacy costs, material labor, operating costs—all of which have been going up
  • It's a combination of hospital costs, professional clinic costs, outpatient, inpatient, prescription
Keywords: 907, all
Summary: The committee held an informational hearing focused first on Oregon Medicaid coordinated care organization (CCO) finances and rate setting. Oregon Health Authority staff explained how 2025 CCO financial results will inform 2027 capitation rates, including reserve requirements, subcapitation arrangements, and major cost drivers such as behavioral health, pharmacy, rural hospital costs, and dental directed payments. They said the Legislature’s added 2025 funding materially improved CCO margins and that, without it, the program would have been negative overall. Members asked about retained earnings, subcapitation, behavioral health utilization, ABA therapy, and whether outcomes are being evaluated; OHA said rate setting is actuarial and that CCOs, OHA, and other partners all play roles in monitoring efficacy and access. OHA also reviewed House Bill 4039 changes intended to increase transparency and give CCOs earlier access to rate information and reconciliation exhibits. CCO representatives then testified that the system is under significant financial pressure and that behavioral health state-directed payments, benefit changes, and federal uncertainty from H.R. 1 are reducing flexibility. CareOregon said it has lost more than $500 million over the last couple of years and is now making provider terminations and other network changes to align spending with available funding, while emphasizing that CCOs must make hard decisions about which services and providers can be sustained. Eastern Oregon CCO said rural and frontier factors, cost-based hospitals, air ambulance needs, and statewide efficiency adjustments are not fully reflected in rates, and that dental funding is especially strained. Trillium similarly warned that state-directed payments and benefit expansion pressures are constraining the global budget model and that H.R. 1 could worsen acuity and volatility. Members pressed the witnesses on who is responsible for evaluating treatment effectiveness, especially for ABA and psychotherapy, and on how utilization limits and reimbursement changes are being used to control costs. The committee then shifted to an overview of the Affordable Care Act and Oregon’s commercial insurance market. Department of Consumer and Business Services staff explained actuarial value, metal tiers, premium tax credits, medical loss ratio rules, and the main drivers of premium rates: cost trend, utilization trend, and administrative costs. They said mandates have likely added only a limited amount to premiums over the past decade, though the exact effect is difficult to isolate, and they gave examples of how high-cost, low-volume services versus broad, high-utilization services can affect rates differently. Staff also noted that Providence Health Plan and PacificSource Health Plans are withdrawing from the individual market, though consumers should still have at least three insurer options in every county and may have four in many counties. The division said it is in the middle of reviewing proposed 2027 rates and will continue its public rate review process, including hearings and written comment.
TX

Texas 89th 2nd C.S.

89th Legislative Session Feb 28th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • Towards payments of fines and costs of certain defendants referred to the Committee on Criminal Jurisprudence
  • Cost of certain highway projects referred to the Committee on Ways and Means.
  • certain precincts referred to the Committee on Elections, HB 340. 3 by BC relating to providing a cost
  • HB 460 by Lopezex are relating to a study regarding the cost of childcare in the state in comparison
  • HB 492 by Morales of Harris relating to prohibiting the allocation of low-income housing tax credits
NH

New Hampshire 2025 Regular Session

House Children and Family Law (03/18/2025)

Transcript Highlights:
  • Um, it sounds like the real cost, the absolute essential cost, is the counselor.
  • Um, it sounds like the real cost, the absolute essential cost, is the counselor.
  • Um, it sounds like the real cost, the absolute essential cost, is the counselor.
  • Um, It sounds like the real cost, the absolute essential cost, is the counselor.
  • cost effective down the line. cost effective down the line.
Keywords: 928, house, all
Summary: The committee opened with a brief update and prayer for Oscar, a person known to members, noting he was making slow but encouraging progress and awaiting transfer to rehab. The hearing then began on House Bill 518, which would require the commissioner of DHS to provide a detailed annual report of DCYF costs. Representative Erica Leyon, the sponsor, said the bill was intended to improve transparency, clarify how DCYF resources and shared services are used, and help future discussions about staffing, funding, and whether DCYF should remain within DHHS or become a separate department. She said the department could likely comply without additional cost and was open to adjusting the reporting date, with the department preferring December 31 instead of September 1. Committee members and the DCYF director, Marie Nunan, discussed whether the bill was duplicative of existing reporting and whether it should also include federal funding mandates. Nunan said DCYF already has many policies and reports, but does not currently produce one consolidated DCYF-specific report in this form; she also said the department believed it had the capacity to file the report and was not taking a position on the bill. Several members questioned whether the measure was necessary, while others supported transparency but suggested the information was already available or could be obtained without legislation. In executive session, the committee voted 15-1 to retain HB 518, meaning it will not advance to the calendar at this time. The committee then opened House Bill 775, sponsored by Representative Jod Nelson, concerning supervised visitation centers. Nelson introduced Dr. Scott Hampton, who testified that supervised visitation is important for child safety, domestic violence prevention, and family preservation. Hampton described the history of visitation centers in New Hampshire, saying funding cuts had reduced the number of centers over time and that prior legislation had failed due to budget reductions. He argued that supervised exchanges can reduce risks such as abuse, abduction, and homicide, and said the service can prevent harm without adding cost by avoiding more serious incidents. The hearing on HB 775 was still underway at the end of the transcript, with no vote or final action shown.
NH

New Hampshire 2025 Regular Session

House Ways and Means (02/03/2025)

Transcript Highlights:
  • Material cost, labor cost, many costs have exceeded inflation, and what the inflation rate is, even at
  • Material cost, labor cost, many costs have exceeded inflation, and what the inflation rate is, even at
  • allocated amount.
  • The gross profit is after cost of goods, the cost of the product.
  • Yes. profit is after cost of goods of the profit is after cost of goods of the cost<03:54:02.760>
Keywords: 928, house, all
Summary: The Department of Safety presented an overview of highway fund and unrestricted revenue collections, focusing on the Division of Administration, the Road Toll Bureau, and the Division of Motor Vehicles. Amy Newbery explained that the main unrestricted funding sources are highway funds and general funds, with highway fund revenue of about $263 million in FY 2024 and a FY 2025 projection of $261.2 million. She said revenue growth has been modest and has not kept pace with costs, creating structural deficits that required general fund transfers of $50 million in FY 2022-23 and another $10 million in FY 2024-25 to balance the fund. Jennifer Hall described Road Toll operations, including motor fuel tax collection at the distributor level, compliance enforcement, and licensing for fuel distributors, transporters, IFTA carriers, and oil discharge/pollution control. Members asked about IFTA, dyed-fuel enforcement, the possibility of using the state forensic lab for dyed-fuel testing, and whether audit positions had been filled; the department said it recently hired a part-time fuel enforcement officer, still uses IRS testing, could explore lab testing, and had no audit vacancies. Hall also discussed factors affecting fuel-tax revenue, including gas prices, crude oil forecasts, weather, tourism, GDP, and inflation, and said FY 2024 road toll revenue was $127.5 million, above plan, with FY 2025 projected at $127.71 million. The committee then turned to DMV-related revenues. Newbery said motor vehicle registration revenue was $93.1 million in FY 2024 and is projected at $90.4 million in FY 2025, with the state share going directly to the highway fund. Members asked about the state/town fee split, the five-year registration cycle dip, the distribution of registration revenue by vehicle weight category, and the impact of electric-vehicle surcharges; the department said the five-year dip is still occurring and will fade over time, and it would follow up on the weight-category breakdown. The presentation also noted that driver-license revenues have stabilized, inspection revenues remain steady, plea-by-mail revenue was added to the highway fund in FY 2024, and general fund revenues tied to the department are relatively small and have declined as some functions moved to OPLC. No votes or formal actions were taken.
HI

Hawaii 2025 Regular Session

JHA Info Briefing - Wed Jan 29, 2025 @ 2:00 PM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • <00:28:02.880> of Equity framework is the allocation of Equity framework is the allocation
  • another allocation of 5.2.
  • prohibited products there will be costs prohibited products there will be costs associated<01:10
  • It's going to cost you less.
  • It's going to cost you less.
Keywords: 910, house, all
NH

New Hampshire 2026 Regular Session

House Education Funding (02/18/2026)

Education Funding

Transcript Highlights:
  • And if the speech therapist is going to be... costs and practices for special costs and practices for
  • , uniform and transparent billing cost, uniform and transparent billing cost, uniform<02:30:24.080
  • > that uniform costs uh for services that uniform costs uh for services that charter<02:30:27.600
  • Not all the costs for public schools, but the costs for an adequate education.
  • allocate allocate and spend financial allocate allocate and spend financial resources resources
Keywords: 1189, house, all
TX

Texas 89th 2nd C.S.

Appropriations - S/C on Article II Mar 13th, 2025

Appropriations - S/C on Article II

Transcript Highlights:
  • increases, that's 3.5 million um for increased lease facility renewal costs.
  • This is not speaking to the SB 30 allocation. OK.
  • There's no cost to this. Correct.
  • Page 84, this would have no cost to it.
  • So there may be an unknown cost component to this.
HI
Transcript Highlights:
  • Is that the entire cost for how many people in the office?
  • <00:02:12.280> for<00:02:12.480> how<00:02:12.599> many that's the entire cost
  • for how many that's the entire cost for how many people<00:02:13.080> in<00:02:13.239> the
  • The 7.3% of that would be allocated, which is only 1.75%.
  • <01:27:42.239> of we have 32 million relocation cost of we have 32 million relocation cost
Keywords: 912, senate, all
Summary: The joint hearing covered three measures on the 1 p.m. agenda. SB 817, relating to out-of-state offices, drew support from DBEDT and several community groups, with questions focused on the requested funding, staffing level, whether the office would expand broadly, and whether the Philippines was being singled out. SB 1578, relating to international affairs, received support from DBEDT and the Attorney General, with the chair noting the bill was intended to help DBEDT analyze Hawaii’s international partnerships and plan next steps. SB 1639, establishing Hawaii Beach Day, had limited testimony and was moved along without substantive debate. SB 582, relating to DBEDT, was also heard with support from state agencies and a few individuals, and was described as a vehicle for organizational and funding changes affecting the State Foundation on Culture and the Arts, including moving some positions and programming to general funds and narrowing the works-of-art special fund's uses. The committees then took up recommendations. All three measures were advanced with amendments: SB 817 was amended to include technical changes and a defective effective date of July 1, 2025; SB 1578 was amended to address the Attorney General’s concerns, make the commission subject to Senate confirmation, and add technical changes and a defective date; and SB 582 was amended to incorporate provisions from SB 1577, clarify SFCA authority over performing arts, shift SFCA positions and programming to general funds, restrict the works-of-art special fund, and add a defective date. Each committee voted to adopt the chair’s recommendations, with no reservations or no votes noted in the Transportation and Culture and the Arts committee and only Senator Dela Cruz voting no on SB 817 there; in the Economic Development and Tourism committee, SB 817 passed with Senator Kim in reservation and Senator Awa voting no, while SB 1578 and SB 582 passed with Senator Awa voting no. The later 10:00 a.m. agenda hearing focused on SB 1589, relating to the stadium development special fund, and SB 1629, relating to taxation. On SB 1589, the Attorney General asked for clarification of section 3, particularly the proviso about remaining monies lapsing to the general fund if the New Aloha Stadium Entertainment District is terminated before completion; the interim stadium manager explained the bill would allow spending of $49.5 million already in the special fund for consultant, construction management, quality assurance, and contingency costs. On SB 1629, testimony was sharply divided: supporters, including film industry and business representatives, said the measure would support local film production, restore prior GET treatment, and help attract studio development; opponents argued the bill was vague, overly favorable to a specific project, and lacked oversight and accountability. The hearing ended with extensive questioning about whether the bill was effectively tailored to a particular studio project and how it related to other film tax credit measures, but no final committee action on SB 1589 or SB 1629 was included in the transcript excerpt.
FL

Florida 2026 5th Special Session

Judiciary Mar 25th, 2025

Transcript Highlights:
  • An additional cost judgment remains pending. That is the special claims bill.
  • , but you cannot allocate the entire day if you're doing other activities.
  • , but you cannot allocate the entire day if you're doing other activities.
  • That answers. but you cannot allocate the entire day if you're doing other activities. Thank you.
  • guys to think of Florida as this coastal community and how much online negative publicity this is costing
Summary: The committee first took up CS for Senate Bill 304, which would address child protective investigations involving children with certain genetic or medical conditions that can mimic signs of abuse. Senator Sharif and several family members and advocates described cases in which children were removed after injuries were initially misread as abuse, and argued the bill would give parents more opportunity to obtain qualified medical opinions. The committee adopted a substitute amendment that removed language imposing analysis duties on certain medical professionals, then passed the bill favorably after testimony in support from the Florida chapter of the American Academy of Pediatrics and several affected families. The committee then considered SB 1430 on post-judgment execution proceedings for terrorism victims, SB 96 on relief for Jacob Rogers, SB 382 on affordable housing rent agreements, SB 4 and SB 6 on claims bills for Patricia Armini and Jose Correa, SB 1142 on release of conservation easements, SB 658 on waiver or release of liens, SB 28 and SB 30 on claims involving South Broward Hospital District and the Broward County Sheriff’s Office, SB 24 on relief for Mandy Penny Lemon, SB 72 on campaign funds for child care expenses, and SB 1622 on recreational customary use of beaches. Most of these bills were explained by their sponsors as narrow relief or technical measures, and the committee heard a mix of support and opposition from claimants, local governments, industry groups, and advocacy organizations. Several bills drew substantive debate. On SB 382, members discussed rent stability and whether the bill should better address lease language and future rent increases; the amendment and bill were both reported favorably. On SB 1142, members raised concerns about environmental and drainage impacts and whether releases of conservation easements should be mandatory or discretionary, but the bill still passed favorably. On SB 72, members questioned the scope of allowable campaign child care expenses and the need for stronger guardrails against abuse; the bill nevertheless passed favorably. On SB 1622, testimony sharply divided between supporters of restoring public beach access and opponents defending private property rights; debate continued when the transcript ended, so no final vote on that bill is reflected here.
MN

Minnesota 2025 1st Special Session

Committee on Energy, Utilities, Environment and Climate - 03/26/25

Energy, Utilities, Environment, and Climate

Transcript Highlights:
  • The cost user inflated.
  • costs are going up.
  • costs, and transmission costs.
  • , generation like capital costs, generation like capital costs, maintenance<01:10:24.560> costs
  • <01:53:18.159> of the cost of energy and and the cost of the cost of energy and and the cost
Keywords: 1187, senate, all
CA
Transcript Highlights:
  • So we don't know the cost.
  • The cost likely will be falling to the counties, but the state might get caught up in those costs as
  • And the same for CalHR, no cost analysis has been done.
  • And real estate costs have skyrocketed.
  • I also wanted to mention the cost.
Keywords: 988, house, all
NH

New Hampshire 2025 Regular Session

Senate Ways and Means (02/05/2025)

Ways and Means

Transcript Highlights:
  • is what it costs, in addition to what slot machines would cost.
  • between a 12 and 18% uh is what it costs between a 12 and 18% uh is what it costs in<00:47:36.880
  • I appreciate your time, and I'm happy to answer any questions from the committee. social cost cost in
  • health care welfare social cost cost in health care welfare and<01:13:27.520> criminal<01:13:
  • recognize understand that this this cost recognize understand that this this cost and<01:50:26.880
Keywords: 1191, senate, all
NM

New Mexico 2026 Regular Session

House - Chamber Meeting Jan 30th, 2026 at 12:05 pm

New Mexico House Floor Meeting

Transcript Highlights:
  • So it would cost both.
  • They just know it's costing them more. Mr.
  • Speaker, kind gentleman, that the hidden cost... Mr.
  • And so they're going to look at how much does that cost?
  • We've allocated $50 million. We've allocated $50 million for wildlife corridors. Ms.
Bills: HM3, HM11, HM14, HM15, HM21, HM25, HB9, SB2, SB19
NH

New Hampshire 2025 Regular Session

House Public Works and Highways (03/04/2025)

Transcript Highlights:
  • <00:56:38.960> the cataclysmic failure and um cost the cataclysmic failure and um cost the
  • But it's the cost.
  • I mean if if it's it's the cost I mean if if it's exorbitant<01:42:20.199> costs<01:42:20.960
  • charges might be the additional costs charges might be the additional costs whether<04:23:51.439
  • towards the most efficient and um cost towards the most efficient and um cost effective<04:33:54.520
Keywords: 928, house, all
Summary: The Department of Administrative Services presented its capital budget process and priorities, explaining that it maintains and operates 96 state buildings and uses annual facility walkthroughs, condition assessments, and rough cost estimates to rank projects for the governor’s capital budget. Officials described how requests are triaged, how the governor’s office and Public Works refine estimates, and how the resulting capital budget book serves as legislative intent for approved projects. They also noted that this year the governor’s office asked for estimates on all selected projects, which increased workload but reduced detail. The department highlighted several requested projects, including $1.5 million for the ERP system sustainability fund, which officials said is critical because the state is upgrading its core financial, HR, and budget system to the cloud. Other priorities included courthouse HVAC and boiler work, brick repointing at the State House annex/main building, window replacement at the Spalding building, and elevator replacement on the hospital campus. Officials also said the governor’s proposed capital budget included fewer DAS projects than in past years and asked the committee to consider funding closer to historic levels. The committee then reviewed lapse and reallocation items. DAS said most older projects are still in design, bid, or construction because projects now take four to six years rather than two to three, in part due to ARPA-related workload and post-COVID construction backlogs. Members discussed lapsing $81,000 from the completed Spalding roof project and redirecting small remaining balances from several 2019 projects toward the Hillsboro County South cell block project through the Capital Project Overview Committee. Officials also confirmed ARPA-funded projects are expected to be completed before the December 2026 deadline and explained that the ERP system is the main state IT exception outside DOIT’s usual centralized control, though it still requires DOIT consultation and approval.
NH

New Hampshire 2025 Regular Session

House Education Funding (01/30/2025)

Transcript Highlights:
  • The first portion is that where we've reflected in there a cost of 4,266 as our base cost.
  • is with those components, and also allocated or identified component costs associated with that.
  • or components and and also allocated or identified<00:08:21.400> component<00:08:22.080> costs
  • non-instructional costs the real cost of non-instructional costs the real cost of special<01:14:
  • cost.
Keywords: 928, house, all
Summary: The hearing focused on HB 563, which would revise the education funding formula for pupils receiving special education services by replacing the current single special education amount with three differentiated categories. Representative Rick Ladd, the prime sponsor, said the bill largely tracks a House-passed version from the prior session with minor figure adjustments, and explained that the proposal uses projected FY26 amounts for three categories based on time in general education versus more intensive placements. He also noted that the bill does not address catastrophic aid directly, but that special education aid, CAT aid, and proration all remain issues for later work sessions. Ladd and supporters argued that weighted categories better reflect actual costs and are more sustainable than treating all IEPs the same. Representative Margaret Drye said the approach was one of the best ideas from the education funding subcommittee and urged the committee to support differentiated aid. Representative Ames asked how the category amounts were derived, and Ladd said Category A follows the FY26 base, Category B is a higher weight, and Category C is a still higher weight for more intensive services, though he acknowledged the exact multipliers were developed earlier and could be revisited. He also said the committee would continue discussing whether the weights are appropriate and how they interact with CAT aid. Testimony from Bonnie Dunham strongly opposed the bill. She argued that funding based on placement rather than actual service need would create incentives to move students into more restrictive settings, could stigmatize children with labels such as "Category C," and would undermine the least restrictive environment requirements under federal special education law. She described her son’s experience in inclusive settings as beneficial and said the bill would have penalized the district for serving him there. In response to questions, she said schools and parents should base funding on the child’s actual needs and costs, not on placement, and urged the committee to recommend the bill inexpedient to legislate.
TX

Texas 89th 2nd C.S.

Higher Education Mar 4th, 2025

Higher Education

Transcript Highlights:
  • Every 10 years, the legislature determines the annual allocation of HA funds.
  • What would it cost for us to actually Get to all 100% of those that are eligible, what would be the cost
  • Growth in the eligible population and, and increased cost in the program.
  • So that cost varies by, by institution.
  • needs, taking into account cost by area as well as family size.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Economic Development and Emerging Technologies Jun 21st, 2026 at 12:30 pm

Joint Committee on Economic Development and Emerging Technologies

Transcript Highlights:
  • We've got a fear of energy cost bills and things like that.
  • And when we do, we'll use this process to allocate the funding. So how does it look like?
  • And we will begin to allocate funds, but we'll do it on a monthly basis.
  • of inflation, as well as keeping costs affordable for our students.
  • The disease will cost MassHealth over $2 billion this year alone.
Keywords: 995, all
Summary: The committee on Economic Development held a hearing on the DRIVE Act, a proposal to invest $400 million in Massachusetts research and innovation without new taxes. Governor Healey and administration officials said the bill would direct $200 million to public higher education research and regional partnerships and $200 million to a research funding pool for hospitals, universities, and other institutions, with the goal of retaining talent, leveraging private and philanthropic dollars, and offsetting major federal R&D cuts. They argued that research is a core economic engine for the state, supporting jobs across labs, construction, services, and surrounding businesses, and said the bill would help protect the Commonwealth’s tax base and competitiveness during a period of federal uncertainty and cuts to SNAP, Medicaid, and other programs. Committee members raised concerns about whether Fair Share surtax dollars should instead be used for K-12 and other community needs, whether the proposal is enough given the scale of lost federal grants, and how the money would be allocated. The governor responded that the funds are one-time surplus dollars, that most surtax revenue already supports education, and that the bill is meant as a bridge to stabilize public higher education and research. She also said the legislation includes a review board and could support a revolving or matched-fund approach in some cases. Several members pressed for more detail on selection criteria, future funding, and whether private companies and large endowments should contribute more. University of Massachusetts leaders and researchers testified that federal grant cancellations and delays are already causing layoffs, furloughs, rescinded admissions, and lost research capacity. UMass officials said the bill would help preserve faculty, postdocs, graduate students, and research programs in medicine, climate science, marine science, Braille instruction, and AI decision-making. They emphasized that the funding should be merit-based and that the state needs to act quickly to prevent talent from leaving Massachusetts. Business, labor, and industry groups, including MassBio, the Massachusetts Taxpayers Foundation, AIM, the AFL-CIO, and Building Trades, supported the bill, saying it would protect jobs, sustain the innovation ecosystem, and reinforce Massachusetts’ national leadership in research and life sciences. No vote was taken in the hearing.