Video & Transcript : 'stock acquisition' :
Page 107 of 218
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Housing, Construction and Community Development - 04/20/2026
Housing, Construction, and Community Development
Transcript Highlights:
- So, you know, not grocery store workers, not people who are stocking shelves, not people who are working
Summary:
The Housing, Construction and Community Development Committee met in Albany and considered a series of housing and homeownership bills. Early actions included reporting S.852 (Homebuyer Renovation Property Tax Exemption Act) to Finance, S.955 on smart access systems to Internet and Technology, and S.7933A on registrations of residential mortgages in default. The committee also advanced S.8675, the CAREforce First-Time Homebuyers Act, after a lengthy discussion about whether the bill inappropriately targets a specific workforce; supporters said it addresses a documented shortage of human services workers and includes existing SONYMA income eligibility, while opponents raised concerns about favoring one occupation over others. The bill was reported with some members in the negative and others voting to advance without recommendation.
Members then reported S.9650, which would prohibit landlords from including incorrect rent decontrol information in certain leases and standardize notices for Affordable New York Housing Program units, and S.9679, which would codify the Block-by-Block Home Ownership Program in state law. Both had prior Senate history and drew some negative or AWR votes. The committee also discussed and advanced S.9742, which would allow residential units in multiple dwellings to omit openable windows if they meet ASHRAE ventilation standards; supporters said the change is needed to facilitate office-to-residential conversions, while members raised questions about maintenance, egress, and the bill’s limited application to localities under the multiple dwelling law.
Finally, the committee reported S.989, establishing the vacant rental improvement program, after noting it had previously passed the Senate and was being reintroduced. Throughout the meeting, several bills were described as reintroductions or prior Senate measures, and multiple motions were made to report bills either to Finance, the floor, or another committee, with several members voting in the negative or to advance without recommendation on selected measures.
OK
Transcript Highlights:
- And again, the golf courses, we've got to keep them stocked.
Committee:
House General Government
Summary:
The committee first laid over Senate Bill 263, then took up several other measures. Senate Bill 1877, which would create a centralized reporting system for reports through the Secretary of State, was discussed as similar to House Bill 3047 and was reported due pass by a 6-0 vote. Senate Bill 1884, concerning access for statewide educator associations and individual school employees, drew questions about union access, off-campus recruitment, right-to-work law, and possible conflicting language on fees and reimbursement; it was reported due pass 6-1.
The committee then advanced tourism and public safety measures. Senate Bill 1365 would update promotional fund language and allow the Tourism and Recreation Department to make certain merchandise purchases outside the central purchasing process up to $75,000; it passed 6-2. Senate Bill 2174 would change the appointment and makeup of the State Fire Marshal Commission board and was reported due pass 8-0. Senate Bill 1525, as amended by a PCS, would let the Tourism and Recreation Department contract for support of its annual tourism conference and charge registration fees to recoup costs, with emergency language added; it passed 6-2.
The committee also approved House Bill 1810, which would allow expert testimony in human trafficking cases and add trafficking victims to existing victim services, by an 8-0 vote. On workforce and agency administration, Senate Bill 1771 would expand the Workforce Commission’s authority to collect funding, expenditure, and performance data and to hire outside counsel; it passed 5-2. Senate Bill 1805 would bar certain group homes and post-adjudication treatment facilities from using contract staff, due to concerns about records access and staffing; it passed 6-1. Finally, Senate Bill 1960 would move the Oklahoma Receivership Office under the Oklahoma Insurance Department to modernize and reduce duplication, and it was reported due pass 7-0. The meeting then adjourned.
AZ
Arizona 2026 Regular Session
02/16/2026 - House Land, Agriculture & Rural Affairs
Land, Agriculture & Rural Affairs
Transcript Highlights:
- and they have been losing a lot of profit over that because of the kills that they've had with their stock
Committees:
House Land, Agriculture & Rural Affairs , House House Land, Agriculture & Rural Affairs Committee of Reference
Keywords:
air pollution, wildfires, environmental standards, public health, Arizona Revised Statutes, wildfire, wildfire mitigation, wildfire prevention, forest fire, brush removal, defensible space, community hardening, vegetation management, fire-resistant construction, wildland urban interface, WUI, insurance premium tax, property insurance, homeowners insurance, commercial property insurance
TX
Transcript Highlights:
- in sessions previous, we have looked for genuine solutions to affordable housing and increasing the stock
Bills:
HJR98 , HJR99 , HB29 , HB136 , HB142 , HB166 , HB353 , HB1399 , HB2000 , SJR59 , SCR19 , SB128 , SB261 , SB317 , SB383 , SB393 , SB397 , SB466 , SB517 , SB571 , SB612 , SB705 , SB715 , SB731 , SB748 , SB801 , SB867 , SB913 , SB945 , SB946 , SB986 , SB1013 , SB1071 , SB1086 , SB1087 , SB1117 , SB1181 , SB1250 , SB1263 , SB1285 , SB1444 , SB1483 , SB1528 , SB1553 , SB1556 , SB1608 , SB1723 , SB1858 , SB1946 , SB1957 , SB1986 , SB1999 , SB2043 , SB2056 , SB2082 , SB2105 , SB2133 , SB2138 , SB2177 , SB2203 , SB2221 , SB2311 , SB2334 , SB2337 , SB2340 , SB2373 , SB2417 , SB2446 , SB2452 , SB2477 , SB2532 , SB2565 , SB2587 , SB2615 , SB2622 , SB2633 , SB2637 , SB2681 , SB2713 , SB2717 , SB2781 , SB2782 , SB2835 , SB2841 , SB2857 , SB2891 , SB2943 , SB2994 , SB2995 , SB3016 , SB3047 , SB3057 , SB3059 , SJR3 , SB5 , SB72 , SB509 , SB616 , SB963 , SB985 , SB1143 , SB1172 , SB1267 , SB1271 , SB1273 , SB1759 , SB1786 , SB2361 , SB1025 , SB1080 , SB1245 , SB1355 , SB1422 , SB1 , SB260 , SB1506 , SB1637 , HJR98 , HJR99 , HJR2 , HJR1 , HB 1109 , HB1392 , HB22 , HB3093 , HB517 , HB 1130 , HB142 , HB1689 , HB2018 , HB136 , HB2884 , HB1393 , HB2730 , HB1399 , HB 1244 , HB467 , HB331 , HB2559 , HB29 , HB26 , HB166 , HB353 , HB2000 , HB2756 , HB3248 , HB3513 , HB3204 , HB3135 , HB3012 , HB2763 , HB2523 , HB2457 , HB2415 , HB2198 , HB2143 , HB1708 , HB1672 , HB767 , HB1327 , HB2723 , HB451 , HB140 , HB 109 , HB3096 , HCR6 , HCR12 , HCR29 , HCR50 , HCR55 , HCR56 , HCR58 , HCR70 , HCR71 , HCR74 , HCR78 , HCR80 , HCR107 , HCR116 , HCR117 , SJR36 , SJR50 , SJR63 , SJR59 , SCR12 , SCR39 , SCR48 , SCR19 , SB2023 , SB1957 , SB2615 , SB2138 , SB3016 , SB1999 , SB62 , SB666 , SB847 , SB284 , SB854 , SB1073 , SB810 , SB1505 , SB583 , SB507 , SB1434 , SB1772 , SB2016 , SB1163 , SB1122 , SB731 , SB397 , SB508 , SB1436 , SB287 , SB261 , SB1882 , SB393 , SB1791 , SB209 , SB2429 , SB511 , SB2309 , SB510 , SB1085 , SB1975 , SB2717 , SB1262 , SB636 , SB2056 , SB884 , SB517 , SB1200 , SB1845 , SB2681 , SB2458 , SB801 , SB3014 , SB3013 , SB758 , SB1013 , SB2797 , SB2076 , SB2876 , SB715 , SB1640 , SB2538 , SB1449 , SB1181 , SB1359 , SB410 , SB1234 , SB2926 , SB2972 , SB2841 , SB1856 , SB1528 , SB1373 , SB672 , SB2891 , SB1854 , SB317 , SB2539 , SB2532 , SB1250 , SB2082 , SB2203 , SB1285 , SB1454 , SB2520 , SB1237 , SB1586 , SB2819 , SB629 , SB2342 , SB2903 , SB2477 , SB3029 , SB375 , SB777 , SB2367 , SB2703 , SB2608 , SB2965 , SB2521 , SB2165 , SB2501 , SB2452 , SB2835 , SB1602 , SB1704 , SB1723 , SB1858 , SB1946 , SB2009 , SB2177 , SB2460 , SB2785 , SB2373 , SB867 , SB1608 , SB640 , SB1698 , SB383 , SB705 , SB748 , SB1117 , SB2340 , SB2680 , SB2994 , SB2747 , SB1950 , SB913 , SB1071 , SB1086 , SB1087 , SB1483 , SB1444 , SB1553 , SB1556 , SB1703 , SB2133 , SB2297 , SB2298 , SB2622 , SB2955 , SB3059 , SB2782 , SB2781 , SB2637 , SB2633 , SB2337 , SB2334 , SB1861 , SB2043 , SB1367 , SB946 , SB945 , SB2857 , SB128 , SB571 , SB1263 , SB3058 , SB612 , SB2221 , SB2587 , SB2044 , SB2363 , SB2713 , SB2311 , SB1986 , SB2565 , SB2943 , SB1888 , SB2417 , SB3048 , SB3052 , SB3053 , SB3036 , SB3057 , SB3056 , SB3043 , SB3037 , SB3050 , SB3063 , SB3047 , SB3035 , SB2446 , SB466 , SB2611 , SB2794 , SB2105 , SB2017 , SB1790 , SB1778 , SB1730 , SB2995 , SB2847 , SB205 , SB2619 , SB1903 , SB203 , SB3061 , SB1581 , SB2600 , SB2799 , SB2790 , SB2688 , SB2515 , SB1230 , SB876 , SB2522 , SB2639 , SB2137 , SB2519 , SB2403 , SB2459 , SB3051 , SB2655 , SB2251 , SB2764 , SB2878 , SB1884 , SB111 , SB582 , SB2617 , SB1835 , SB2751 , SB2959 , HB206 , HB 1238 , HB 1089 , HB2890 , HB9 , HB2081 , HB4215 , HB2970 , SB2063 , SB1400 , SB2058 , SB2260 , SB2928 , SB1310
VT
Transcript Highlights:
- Between 2012 and 2021, private equity acquisition of just physician practices has increased by 645%.
- Between 2012 and 2021, private equity acquisition of just physician practices has increased by 645%.
- Between 2012 and 2021, private equity acquisition of just physician practices has increased by 645%.
- Between 2012 and 2021, private equity acquisition of just physician practices has increased by 645%.
MN
Transcript Highlights:
- master plan must also have a detailed development budget that discusses the cost of new features and acquisition
- 19.600><c> and</c> discusses the cost of new features and discusses the cost of new features and acquisition
- . acquisition. acquisition.
Bills:
HF3564
Committee:
House Legacy Finance
MN
Minnesota 2025-2026 Regular Session
Committee on Health and Human Services - 03/04/26
Health and Human Services
Transcript Highlights:
- Our organization is slightly unique because we have a talent acquisition team that is constantly recruiting
- ><00:07:04.560><c> have</c><00:07:05.320><c> a</c><00:07:05.400><c> talent</c><00:07:05.760><c> acquisition
- </c> because we have a talent acquisition because we have a talent acquisition team<00:07:07.320><c>
Committee:
Senate Health and Human Services
HI
Hawaii 2026 Regular Session
EDT DEFER, EDT-EDU, WLA-EDT-EDU, EDT Public Hearings 02-17-2026
Economic Development and Tourism
Transcript Highlights:
- It includes land acquisition, facilities. Kako has those facilities in place for healthcare tech.
- development it regional economic development it includes<00:10:26.079><c> land</c><00:10:26.320><c> acquisition
- </c><00:10:27.120><c> facilities</c> includes land acquisition facilities includes land acquisition facilities
Committee:
Senate Economic Development and Tourism
Summary:
The committee first took up Senate Bill 2693 relating to capital improvement projects for aerospace infrastructure. Members had no questions, and the recommendation to pass the bill with a defective date of July 1, 2050 was adopted unanimously. The committee then deferred decision making on Senate Bill 26980 relating to transportation and Senate Bill 2374 relating to the blue economy until Thursday, February 19, 2026, in Room 229, pending additional information.
In the joint hearing on Senate Bill 2816 relating to state enterprise zones, agencies and organizations including DBEDT, HTDC, Taxation, the University of Hawaii Cancer Center, Oceanit, the Hawaii Medical Association, and the Queen’s Health System testified in support or submitted written comments. One public testifier urged expanding enterprise zones around the Kakaako/Cancer Center area and combining them with the foreign trade zone to reduce taxes and attract business. A senator questioned whether the enterprise zone program had ever been comprehensively evaluated, noting DBEDT said it had not done a full study in recent years and cited annual report figures including about $221 million in company revenues and $460,000 in foregone state revenue in 2022. The discussion focused on whether the bill would subsidize existing activity or support new economic development, and on the broader policy question of whether enterprise zones should be used to revitalize depressed areas or to target strategic sectors like health care technology.
The committee then heard Senate Bill 2900 relating to sports officials. The Department of Education supported the measure, saying the Attorney General is best positioned to represent employees in temporary restraining order matters and that elevating intentional bodily injury of a sports official to a class B felony would improve safety. The Office of the Public Defender opposed the bill, arguing it would escalate conduct already covered by existing assault statutes and go beyond other protected classes. The Department of the Attorney General recommended narrowing the bill by inserting “substantial” before bodily injury in the criminal section and deleting a section that would make the AG’s office act like plaintiff’s counsel in civil matters, suggesting instead that departments adopt policies to help employees obtain TROs without creating an open-ended civil representation role. Several sports and school-related organizations testified in support, and members discussed whether the bill should be narrowed or coordinated with other measures before further action.
MN
Transcript Highlights:
- I will turn to nonpartisan staff for review of the acquisition of the target. Thank you, Mr.
- 00:46:28.000><c> the</c> nonpartisan staff for review of the nonpartisan staff for review of the acquisition
- </c><00:46:30.640><c> Thank</c><00:46:30.800><c> you,</c> acquisition of the target.
- Thank you, acquisition of the target.
Committee:
House Ways and Means
NH
New Hampshire 2025 Regular Session
House Commerce and Consumer Affairs (09/10/2025)
Transcript Highlights:
- pharmacies that refuse to dispense a prescription for the PBM reimbursement that is below the pharmacy's acquisition
- 45.600><c> theiesy's</c> reimbursement that is below theiesy's reimbursement that is below theiesy's acquisition
- </c> acquisition cost. acquisition cost. Okay.<00:09:50.560><c> Yes.
- Relative to restrictions on acquisition<01:08:31.359><c> of</c><01:08:31.520><c> ownerships</c><01:08
- :32.000><c> and</c> acquisition of ownerships and acquisition of ownerships and controlling<01:08:32.480
Summary:
The committee began by discussing 15 retained bills and the chair’s preference to keep them alive through interim study rather than kill them, using them as vehicles for further discussion and possible later amendments. The chair said the bills would be executed out by November and then move to the House floor in January, and members generally agreed that interim study was the prevailing motion for the retained bills.
Several health-related bills were then discussed. On Senate Bill 247, concerning pharmacy network exclusion when PBM reimbursement is below acquisition cost, members said the issue had been presented differently in prior discussions and noted unfamiliar intermediaries such as PSAOs; the bill was viewed as too complex to resolve immediately, so interim study was favored. A bill on treatment alternatives to opiates was said to need an amendment from the Insurance Department, and a bill on self-funded employer access to claims data was described as having changed substantially through amendment; the sponsor explained it was intended to incentivize self-funded plans to opt into the state’s all-payer claims database (CHIS) so their data could be used for cost analysis, and members indicated a separate bill would be brought later.
The committee spent the most time on a glucose monitoring bill, with testimony from a sponsor and a parent of a type 1 diabetic describing the medical benefits of continuous glucose monitors, especially for preventing dangerous lows and managing fluctuations. Opponents and committee members raised concerns about the cost of a mandate, the effect on premiums in the individual and small-group markets, and whether the bill should require coverage without a prescription; one member cited medical literature suggesting limited evidence for non-insulin users. The chair concluded the bill was headed to interim study and said the committee would do further homework on the economic impact, especially for type 1 coverage. The meeting then moved on to a bill about insurer audits and clawbacks, where the Insurance Department commissioner explained that the issue involved several separate provider-payment problems that had recently come to the department’s attention and that the department would provide a report and work with the sponsor on next steps.
NH
New Hampshire 2025 Regular Session
House Criminal Justice and Public Safety (01/30/2025)
Criminal Justice and Public Safety
Transcript Highlights:
- Waiting period laws, which create a buffer between the time of a gun purchase and a gun acquisition,
- Waiting period laws, which create a buffer between the time of a gun purchase and a gun acquisition,
- Waiting period laws, which create a buffer between the time of a gun purchase and a gun acquisition,
- Waiting period laws, which create a buffer between the time of a gun purchase and a gun acquisition,
- Waiting period laws, which create a buffer between the time of a gun purchase and a gun acquisition,
Committee:
House Criminal Justice and Public Safety
AZ
Arizona 2026 Regular Session
03/31/2026 - House Appropriations
House Appropriations Committee of Reference
Transcript Highlights:
- and conforms statute outlining the uses of the Military Installation Fund to reflect the property acquisition
- and conforms statute outlining the uses of the Military Installation Fund to reflect the property acquisition
- housing... ...already, and it's not going to make that big of a difference in terms of the full housing stock
Summary:
The committee opened by announcing a heavy agenda and noting that Senate Bill 1176 would be held. It then took up several Senate bills, beginning with SB 1272, which appropriates $5 million for the City of Douglas as a state match for the Douglas Port of Entry project. The bill was amended to draw the money from the Water Supply Development Revolving Fund instead of the General Fund. Senator Gowen, the Douglas mayor, and city staff described the project as a $678 million federal investment opportunity that would support water, wastewater, and broadband infrastructure, create jobs, and improve border security. The committee approved SB 1272 as amended on a 15-0 vote with three present and one not voting.
The committee next approved SB 1503, as amended, which expands the state death benefit to include civilian pilots employed by law enforcement agencies and applies the change retroactively to January 1, 2026. Senator Gowen and DPS leadership testified that the change was needed so the family of a pilot killed in a February helicopter crash would qualify for the benefit. The bill passed 18-0 with one not voting. SB 1274, as amended, created a separate timeshare salesperson license and training path; supporters said it would streamline licensing for people who only sell timeshares, while one member objected to the added rulemaking discretion. It passed 17-1 with one not voting.
The committee also approved SB 1286, which expands veterinary telemedicine by allowing longer prescription periods for certain medications after an electronic exam, with shorter limits for antimicrobials. Supporters said it would help rural and disabled pet owners and had been negotiated to the satisfaction of veterinarians and telemedicine advocates. The bill passed 18-0 with one not voting. SB 1519, as amended, raised the off-highway vehicle weight threshold from 2,500 to 3,500 pounds and revised related registration and funding provisions; supporters argued it would reflect newer enclosed-cab vehicles and better align Arizona with neighboring states, while opponents warned of trail damage and said the study process was not complete. It passed 10-7 with one present and one not voting.
Finally, the committee approved SB 1618, which restructures the Military Affairs Commission, adds members with defense and aerospace expertise, requires more frequent meetings and reporting, and updates the Military Installation Fund and related duties to better attract and retain defense missions. Supporters said the changes would help Arizona compete for military and defense investment, while some members questioned whether the commission’s mission was being broadened too far and whether the existing structure should instead be handled through other agencies. The bill passed 10-6 with one present and one not voting. The committee then considered SCR 1020, which would index legislative salaries to inflation or deflation starting with future officeholders if approved by voters. Supporters argued the current $24,000 salary had eroded significantly since 1998 and limited who could serve, while opponents objected to legislators voting on their own pay or preferred reducing session time instead. The resolution was approved and sent forward for voter consideration.
NH
New Hampshire 2025 Regular Session
House State-Federal Relations and Veterans Affairs (01/17/2025)
State-federal Relations and Veterans Affairs
NH
New Hampshire 2025 Regular Session
House Executive Departments and Administration (01/29/2025)
Transcript Highlights:
- or less in stock, they they've trued all that up, but there's no assessment to the provider from the
- </c><00:44:16.599><c> or</c> they potentially had more in stock or they potentially had more in stock
- or less<00:44:16.960><c> in</c><00:44:17.200><c> stock</c><00:44:17.599><c> they</c><00:44:17.800><c
- > they</c><00:44:18.000><c> they</c><00:44:18.119><c> trew</c><00:44:18.400><c> all</c> less in stock
- The downside of just doing this on paper is it's like having a good idea about a stock and not buying
Summary:
The committee held a public hearing on House Bill 233, which would impose transparency and reporting requirements on the New Hampshire Vaccine Association. The prime sponsor, Representative Comto, said the bill and a proposed amendment were intended to increase public access by requiring a physical meeting location, making meetings available online, and publishing a complete list of vaccines and pharmaceutical products purchased. She argued the association should be more transparent because it is involved in vaccine purchasing and public trust is important, especially given controversy around vaccines.
Committee members questioned the sponsor about the association’s legal status, who sets vaccine requirements, whether other private entities would be covered, and whether the proposal should instead apply more broadly to all meetings or include recordings. The sponsor said the association was created by the legislature, that childhood vaccine requirements come from DHHS and CDC-related processes, and that she would be open to broader recording requirements. Some members raised concerns about misinformation and whether requiring answers to public questions could be problematic in a contentious policy area.
Patrick Miller, executive director of the Vaccine Association, and attorney Mark McHugh testified in opposition. They described the association as a not-for-profit voluntary corporation created by statute in 2002 to serve as a funding mechanism for the state’s universal childhood vaccine purchase program, with no policymaking role and no public funding. They said the association already posts notices, agendas, minutes, and allows public webinar access and comments, while also providing annual audits and reports and other statutory reporting. They argued HB 233 would impose unnecessary administrative costs on a private entity, interfere with its limited charitable purpose, and ultimately increase costs borne by insurers, employers, and consumers. No vote or final action was taken during the hearing.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Public Health Jun 21st, 2026 at 09:00 am
Joint Committee on Public Health
Transcript Highlights:
- We're not answering to stock prices. We're not beholden to shareholders.
- We're not answering to stock prices. We're not beholden to shareholders. companies.
- We're not answering to stock prices. We're not beholden to shareholders.
Committee:
Joint Joint Committee on Public Health
Summary:
The Joint Committee on Public Health held an introductory informational hearing for the new session, with Chairs Marjorie Decker and Senator Michael Driscoll outlining the committee’s scope and emphasizing the impact of the federal landscape on Massachusetts public health. They noted the hearing would focus on testimony from agencies and advocates, with short testimony limits due to the hybrid format. No votes were taken; the meeting was for briefing and discussion of priorities.
Commissioner Robbie Goldstein of the Department of Public Health described the department’s budget and federal funding, warning that recent CDC grant terminations could cut nearly $100 million and affect lab testing, surveillance, vaccines, and community engagement. He highlighted DPH priorities including racial equity, maternal health, substance use and child welfare coordination, emergency preparedness, data transparency, and public hospital quality. MassHealth Assistant Secretary Michael Levine discussed MassHealth’s role covering about 2 million residents and its priorities in health equity, behavioral health, primary care, member independence, and customer service, while noting the agency relies heavily on federal Medicaid dollars and would face major strain from federal cuts.
Several advocacy and provider groups focused on reproductive health and maternal health. Planned Parenthood warned of threats to Title X, 340B savings, and other federal funding, and supported a bill to eliminate parental consent and judicial bypass for abortion care for young people. Reproductive Equity Now urged stronger shield-law protections and changes to Massachusetts’ later-abortion framework. Dr. Indyamaka Anugaka called for full implementation of the maternal health law, better reimbursement for doulas and midwives, stronger data collection, and support for full-spectrum pregnancy care coverage. The Health Policy Commission said new maternal health and primary care task forces would begin work soon.
Mental health and health system access were also major themes. The Mass Medical Society urged action on vaccine hesitancy, removal of non-medical school vaccine exemptions, and primary care reform. The Massachusetts Association for Mental Health and the Children’s Mental Health Campaign opposed proposed cuts to DMH and substance use services, called for more school-based supports, and raised concerns about inpatient capacity, including a unit serving LGBTQ youth. The Massachusetts Nurses Association and 1199 SEIU warned that staffing shortages, low wages, workplace violence, hospital closures, and possible Medicaid cuts threaten patient care and the health care workforce. The Betsy Lehman Center also urged investment in automated patient-safety monitoring to reduce harm and costs.
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee May 13th, 2026
Transcript Highlights:
- And so that led to all sorts of other issues, you know, being provided with a 50% in stock from the company
- In stock from the company that burned your house down.
- sitting here years and years later is because they leveraged us holding a third of the company with stock
Summary:
The Assembly Committee on Utilities and Energy held a hearing on the California Earthquake Authority’s SB 254 report and broader options for reforming California’s utility wildfire recovery system. The chair framed the discussion around the Palisades and Eaton fires, the scale of wildfire-related costs on utility bills, and the need to weigh trade-offs among survivors, ratepayers, utilities, insurers, and taxpayers. The first panel featured wildfire survivors William Abrams and Joy Chen, who described long delays in compensation, housing insecurity, and what they viewed as a system that protects utility shareholders more than victims. They urged greater transparency, clearer accountability for utility spending and safety performance, faster and fuller compensation for survivors, and reforms such as independent audits and better alignment of utility incentives with wildfire prevention and restitution.
The second panel began with Tom Welsh of the California Earthquake Authority, who explained that the SB 254 report was intended as a broad inventory of policy pathways rather than recommendations. He described the report’s process, including stakeholder submissions, workstreams, and a convergence process, and outlined the current wildfire fund structure: utilities remain liable, the fund reimburses eligible claims after a covered wildfire, and the CPUC later determines prudency and possible reimbursement back to the fund. RAND’s Lloyd Dixon summarized compensation data, saying utilities paid about $38 billion between 2017 and 2024, with major shares going to injured parties, insurers, and public entities, while litigation costs and survivors’ own losses remain substantial. He noted that legal fees and delays reduce the amount survivors ultimately receive.
Utility and public-interest witnesses offered differing views on the report’s pathways. PG&E’s Tyson Smith said the report shows inaction is the worst outcome and argued for community wildfire risk reduction, equitable allocation of catastrophe costs, and state-led resilience tools. LADWP’s Fernando Valero emphasized the vulnerability of municipal utilities and cities, and supported inverse condemnation reform, a state-sponsored liability insurance framework, damages and subrogation limits, and stronger insurance access. Consumer Attorneys of California’s John Fisk argued that IOU-caused fires are not natural disasters but the result of negligence and sometimes criminal conduct, and opposed reducing utility liability while supporting stronger oversight and audits. The Public Advocates Office’s Nathaniel Skinner focused on affordability, saying ratepayers already bear large and growing wildfire costs and warning against shifting more costs onto bills without measurable risk reduction and tighter accountability. Committee members then began questioning witnesses about what counts as measurable mitigation, how to define full and fair compensation, and how any fast-pay process should work.
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee May 13th, 2026
Utilities and Energy
Transcript Highlights:
- And so that led to all sorts of other issues, you know, being provided with a 50% in stock from the company
- And in addition to that, just In stock from the company that burned your house down.
- sitting here years and years later is because they leveraged us holding a third of the company with stock
Committee:
House Utilities and Energy
KY
Kentucky 2026 Regular Session
Senate Legislative Session Day 24 (2-10-26)
Kentucky Senate Floor Meeting
Transcript Highlights:
- Uh, so unless you own 100,000 shares, say, of Nvidia or Amazon stock, no one's going to buy or retain
- I want to invest in a company that's more concerned about world peace. stock, no one's going to buy or
- retain a stock, no one's going to buy or retain a proxy<00:15:28.800><c> advisory</c><00:15:29.199><
WA
Transcript Highlights:
- number 25, offered by Senator Gildon, provides a deduction for compensation derived from restricted stock
- This, excuse me, speaks to the restricted stock units, which we heard in the testimony about how a lot
- But whenever their restricted stock units vest and mature, then that becomes a taxable event, pushing
Bills:
SB6147 , SB6082 , SB5862 , SB5882 , SB6323 , SB6346 , SB6162 , SB6256 , SB6220 , SB5650 , SB6343 , SB6113 , SB6211 , SB6114 , SB5898 , SB6347 , SB6244 , SB5868 , SB5762 , SB5988 , SB6194 , SB6246 , SB6223 , SB6052 , SB5828 , SB5954 , SB5963 , SB5909 , SGA9306
Committee:
Senate Ways & Means
Keywords:
grocery establishments, closure notice, consumer rights, local businesses, student financial aid, financial aid fraud, higher education, college enrollment fraud, fictitious students, ghost students, enrollment fraud, aid integrity, cybersecurity, artificial intelligence, AI fraud, fraud prevention, Washington State, legislative audit, JLARC, full-time equivalent
WA
Washington 2025-2026 Regular Session
Senate Ways & Means Feb 9th, 2026
Transcript Highlights:
- number 25, offered by Senator Gildon, provides a deduction for compensation derived from restricted stock
- This, excuse me, speaks to the restricted stock units, which we heard in the testimony about how a lot
- But whenever their restricted stock units vest and mature, then that becomes a taxable event, pushing
Summary:
The Ways and Means Committee met in executive session on February 9, 2026, first hearing a staff briefing on Senate Bill 6346, which would impose a tax on individuals earning over $1 million. Staff described the bill’s revenue and spending impacts and reviewed a proposed substitute and 11 amendments addressing items such as public defense funding, charitable deductions, out-of-state tax credits, small business credits, diapers, constitutional issues, and a contingent constitutional amendment. The committee later took up the bill and rejected all of the offered amendments, then advanced the substitute bill with a due pass recommendation to the Rules Committee. Members supporting the bill argued it would help address tax fairness and fund public services, while opponents raised concerns about constitutionality, economic harm, and the effect on businesses and charitable giving.
The committee also acted on a series of policy bills. It advanced a substitute bill on grocery store closures in food deserts after adopting a narrower substitute, despite concerns from some members about burdening grocers. It approved a substitute bill expanding voting access for military, overseas, Native American, and disabled voters, adopting a second substitute that removed a cybersecurity review requirement. The committee also advanced bills on tort claim arbitration against governments, victim and witness protections in sexual assault and domestic violence cases, JLARC review of student aid fraud, agricultural collective bargaining, labor relations if federal preemption ends, a cost-of-living adjustment for Plan 1 retirees, workers’ compensation and medical care access, line-of-duty death reimbursements, law enforcement background checks and eligibility, veterans’ discharge definitions, and extraordinary medical placement. Several of these bills had amendments adopted, including changes to tort claim oversight, victim-requested standby counsel, agricultural labor definitions, workers’ compensation penalties, law enforcement volunteer support, and extraordinary medical placement criteria.
In the second group of bills, staff briefed measures affecting property taxes, housing, cannabis, disaster-related tax relief, technical tax code changes, aircraft fuel tax revenues, the estate tax, and a pesticide tax exemption. The committee heard that a substitute for the fire protection district bill would alter how city or town levy capacity is reduced and include consultation requirements and board-creation provisions. It also heard that the property tax relief expansion for seniors and disabled retirees needed a substitute to make the consolidated school levy revenue-neutral. Other bills would expand tax exemptions for low-income housing and nonprofit homeownership, authorize local cannabis excise taxes, extend disaster repair tax relief, expand housing-related local sales tax uses, make technical tax code changes, redirect aircraft fuel tax revenues to aeronautics, reduce the estate tax rate, and extend a pesticide tax exemption. The transcript ends during the committee’s consideration of Senate Bill 6346, with the committee debating and rejecting amendments before moving the bill forward.