Video & Transcript : 'inflation impacts' :
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AZ
Arizona 2026 Regular Session
02/16/2026 - House Land, Agriculture & Rural Affairs
Land, Agriculture & Rural Affairs
Transcript Highlights:
- This disruption from California and gas supply will directly impact Arizona fuel prices, and also oftentimes
- really make sense, as sometimes the wind is actually blowing the opposite direction and it may have no impact
- Rising insurance premiums are not Arizona-specific, but are due to inflation and increased incidence
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:
- This impacts cities and counties, as mentioned by Representative Canales, that do not currently have
- It causes additional stress and exposes them to hazards that have negative impacts on their health for
- The bill would also adjust the amount for the benefit for inflation. 10 years.
Committee:
House S/C on Workforce
Keywords:
peace officers, firefighters, employment protection, worker's compensation, job security, maximum medical improvement, government employment, firefighter cancer benefits, emergency medical technicians, compensation claims, cancer exposures, firefighting hazards, workforce training, rural development, grant program, job-specific training, Texas Workforce Commission, child care, single-parent, subsidized
MD
Transcript Highlights:
- We could not have foreseen all of the economic factors that have impacted WMATA.
- We could did not account for inflation.
- It is an factors that have impacted WMA.
- </c><00:42:25.119><c> So,</c><00:42:25.520><c> as</c> and how they would be impacted.
- So, as and how they would be impacted.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Tuesday, January 14, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- Her service to the academy was very impactful.
- We already have the trouble after the inflation cycle.
- I've done this chart the last couple of weeks because it seems to have an impact.
- </c> weeks because it seems to have an impact weeks because it seems to have an impact for<05:38:13.558
- </c><05:39:15.760><c> reduction</c> it the inflation reduction it the inflation reduction act<05:39:17.840
Keywords:
remote testimony, committee proceedings, witness participation, Congress, transparency, condolences, aviation safety, transportation disaster, victims support, first responders, committee elections, House of Representatives, legislative process, congressional committees, membership, House resolution, committee assignments, standing committees, 119th Congress, Armed Services Committee
ID
Transcript Highlights:
- the work comp benefits or the structure here in Idaho, NCCI often calculates the expected fiscal impact
- Our role is to use the data that we collect to prepare objective legislative impact reports to help inform
- , and the impact of tariffs on the work comp system.
- and one of the large carriers in Idaho changed their accounting of written premium in 2022 that impacted
- NCCI and one of the large carriers in Idaho changed their accounting of written premium 2022 that impacted
Committee:
Senate Commerce and Human Resources
MO
Transcript Highlights:
- Everybody in this room has lived through the massive inflation that we had a few years ago.
- So if you look at a 30% drop from where it was, plus the inflation of what things cost us, we're actually
- The impact on 911 services is especially concerning.
Committee:
House Rules - Legislative
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 7 on Accountability and Oversight May 7th, 2025
Transcript Highlights:
- economic conditions or changes in federal funding, but for the most part, it's going to grow with inflation
- These rules are, I should say, also the enacted level is adjusted for inflation and population, such
- California's economy is extremely volatile, as we've discussed here today, and it directly impacts our
Summary:
The Assembly Budget Subcommittee on Accountability and Oversight held a hearing on proposals to reform California’s Budget Stabilization Account, or rainy day fund, ahead of the May Revision. Members and witnesses reviewed how Proposition 2 (2014) changed reserve rules, including mandatory deposits, a 10% cap on the fund, and limits tied to the Governor’s declaration of a budget emergency. LAO staff explained that California’s revenues are highly volatile, that current reserve rules are complicated by interactions with Proposition 98 and the Gann limit, and that under current law reserves would cover only about one-third of funding shortfalls in a benchmark scenario over 50 years.
The LAO presented its report recommending a larger reserve target, including raising the cap to 50% by 2055 and pairing that with either broader, more flexible deposit rules or a simpler approach that deposits all excess capital gains. The Department of Finance described the Governor’s proposal to raise the cap from 10% to 20% and exempt BSA deposits from the state appropriations limit, while Assembly Member Valencia presented ACA 1, which would make similar changes and was described as an evolving proposal. Testimony generally supported saving more during boom years, but differed on how much to hardwire into the Constitution versus leave flexible, and on whether to broaden the deposit formulas beyond capital gains.
Public witnesses and committee members raised additional issues, including whether reserve reforms should also address debt repayment, the treatment of unemployment insurance fund debt, and whether the Gann limit should be adjusted to better allow reserve growth. Supporters argued that stronger reserves would protect Californians from cuts during downturns and help the state weather volatility and federal funding threats. Some advocates warned that reforms should not come at the expense of current public needs, while taxpayer representatives cautioned against turning the BSA into a pass-through account that weakens constitutional spending limits. The hearing ended without a vote, with the committee chair noting the complexity of the issue and adjourning after public comment.
CA
California 2025-2026 Regular Session
Senate Floor Session May 27th, 2026
California Senate Floor Meeting
Transcript Highlights:
- Similar trends were observed in the Palisades fire-impacted area.
- Originally, the proposed cap was an inflation factor.
- The bill didn't define what the inflation factor was.
- There were some impacted in Eaton.
- It not only impacts their lives, but it also ultimately impacts the cost of our health care.
Summary:
The Senate convened with a quorum, offered prayer and the Pledge of Allegiance, and then moved through confirmations and floor legislation. Three California Housing Finance Agency and State Mining and Geology Board appointments were confirmed unanimously. The chamber then took up several policy bills, with debate often focusing on housing, public safety, energy, and local government impacts.
Among the major measures, SB 1173 on lesser related offense jury instructions passed after supporters argued it would give judges limited discretion and improve fairness, while opponents warned it could create inconsistency. SB 1354, barring out-of-state military or law enforcement activity in California without the Governor’s permission, passed despite objections that it conflicted with federal commander-in-chief authority. SB 1090, the Altadena disaster-speculation bill, passed to restrict unsolicited purchase offers in fire-affected areas, and SB 966 passed to preserve refinery worker safety participation rights. SB 1256, a local housing/land-use bill, passed unanimously after discussion of fire-safety concerns and ongoing amendments.
The Senate also approved SB 865 on music festivals, SB 866 on homelessness planning and regional coordination for jurisdictions not receiving HAP funds, SB 938 on peace officer training requirements for certain immigration-enforcement-related applicants after the author committed to major amendments, SB 1359 on natural gas planning to reduce ratepayer costs, SB 923 on privacy rights under the CCPA, SB 1098 on utility memorandum and balancing accounts, SB 1010 on refrigerant recovery for cooling appliances, SB 937 on restricting flashbang use in crowd control and immigration enforcement, SB 1082 on inter-district pupil transfers, and SB 1087 on modernizing regional transportation planning. Several bills drew split votes and pointed debate over mandates, taxes, local control, and regulatory certainty, but most ultimately passed.
ID
Transcript Highlights:
- And we, in the past, what we've relied on as a country is to pay tomorrow's debt with inflated dollars
- And in the past, what we've relied on as a country is to pay tomorrow's debt with inflated dollars tomorrow
- , and that comes at a... ...pay tomorrow's debt with inflated dollars tomorrow, and that comes at a price
Committee:
Senate State Affairs
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Friday, December 12, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- </c> plan, our work should reveal your impact plan, our work should reveal your impact on<00:06:11.759
- > million</c><00:31:33.360><c> of</c> impacting hundreds of million of impacting hundreds of million
- Her impact was year all in one season.
- </c><02:38:43.280><c> your</c> Let me tell you how it impacts your Let me tell you how it impacts your
- </c> where it went, couldn't say what impact where it went, couldn't say what impact it<03:50:01.199>
Bills:
HB3668
Keywords:
pipeline, natural gas, Natural Gas Act, FERC, Federal Energy Regulatory Commission, NEPA, environmental review, permitting reform, LNG, liquefied natural gas, certificate of public convenience and necessity, section 7, section 3, Clean Water Act, section 401, water quality certification, state authority, interagency coordination, pipeline safety, pipeline security
CA
California 2025-2026 Regular Session
Assembly Select Committee on Calfresh Enrollment and Nutrition Apr 8th, 2026
Transcript Highlights:
- the whole family, it impacts the whole child, it impacts everything that we do.
- So how do we see these impacts in particular on farmers and impacts on hunger efforts, anti-hunger efforts
- So I think Benjamin, you really talked about the impact of H.R. 1 on mixed-status families and the impact
- Fan raised around the impact to our elders.
- So I think Benjamin, you really talked about the impact of H.R. 1 on mixed-status families and the impact
NH
New Hampshire 2026 Regular Session
House Commerce and Consumer Affairs (02/04/2026)
Commerce and Consumer Affairs
Transcript Highlights:
- ,</c><01:43:19.280><c> where</c> sometimes called social inflation, where sometimes called social inflation
- </c><01:49:05.280><c> our</c> global warming are impacting our global warming are impacting our pocketbooks
- Well, inflation and a lot of it is debt. And that's something you can get at.
- </c><02:06:17.119><c> from</c> we're seeing significant impacts from we're seeing significant impacts
- Those impacts are climate change.
Committee:
House Commerce and Consumer Affairs
NM
New Mexico 2025 Regular Session
IC - Water and Natural Resources Aug 18th, 2025
Water & Natural Resources Committee
Transcript Highlights:
- for our errors, and how impactful it is.
- These communities without minimal impact.
- Let's see, on page three, you had the impact.
- Is that also going to be impacted by the ability?
- So the 39% reduction will definitely impact our program.
Committee:
House Water & Natural Resources Committee
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Wednesday, March 26, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- With that, I yield back. to make a positive impact on people's to make a positive impact on people's
- We never receive any expert witness testimony on the impact of the standards or on the impact of repealing
- </c><04:35:27.000><c> business</c> of President Biden's inflation business of President Biden's inflation
- </c> equipment will have a detrimental impact equipment will have a detrimental impact on<04:38:26.600
- </c><05:31:09.760><c> that</c> their home States and the impacts that their home States and the impacts
Bills:
HJR75
Keywords:
HJR75, H.J.Res. 75, Congressional Review Act, CRA, Department of Energy, DOE, Energy Efficiency and Renewable Energy, energy conservation standards, commercial refrigerators, commercial freezers, refrigerator-freezers, appliance standards, energy efficiency, federal regulation, regulatory disapproval, small business compliance, manufacturers, commercial refrigeration, Public Law 119-9
KY
Kentucky 2025 Regular Session
Capital Projects and Bond Oversight Committee (8-26-25)
Transcript Highlights:
- well in it in its ratings, which very well in it in its ratings, which certainly<00:58:33.119><c> impact
- the cost of borrowing certainly impact the cost of borrowing for<00:58:35.119><c> this</c><00:58:35.359
- So, yes, it does have an impact. budget reserve trust fund being a uh it budget reserve trust fund being
- </c><01:08:43.120><c> Uh</c><01:08:43.520><c> the</c> going to get an inflated number.
- Uh the going to get an inflated number.
Summary:
The committee first handled routine business, including roll call, approval of the July minutes, and several informational reports. Those reports included a University of Kentucky restricted-fund medical equipment purchase for Chandler Hospital, debt issues for five school districts, Eastern Kentucky University’s planned model laboratory school using construction management risk delivery, a Division of Real Properties lease advertisement, Kentucky Communications Network Authority quarterly project reports, and EKU asset preservation revisions.
Members then heard and approved a new UK St. Clair Urgent Care Clinic lease in Morehead and an amendment expanding space for the UK Family and Community Medicine Clinic at Turflin Clinic. Testimony explained that both properties are privately owned, the Morehead lease predated the UK/St. Clair arrangement, and the Turflin Clinic is tight on space. The committee also approved three new projects and an appropriation increase: two Department of Military Affairs projects, a Window Ford Training Center underground electric project and a Williamsburg Readiness Center interior repair project, a Fish and Wildlife property acquisition adjoining Veterans Memorial Wildlife Management Area, and an $8.113 million increase for the Department of Revenue integrated tax system (DORIS). The DORIS increase was described as needed for change orders tied to legislation and to complete the unified tax system.
The committee next reviewed no-action items, including a $3 million emergency flood-damage repair project for the Bush Building and Vest-Lindsay House in Frankfort, and three pool projects over $1 million: a Kentucky Correctional Institute for Women window replacement phase 2 project, a Department of Criminal Justice Training interior refurbishment at Thompson Hall, and the Muddy Gut Branch stream mitigation project in Johnson County. The flood project was confirmed to be fully reimbursed by insurance proceeds.
Finally, the Kentucky Infrastructure Authority presented six loans and nine grants. Action items included water and sewer financing for Cumberland County, Lebanon, Northern Kentucky Water District, Lewisport, and Providence, plus a major Taylor Mill treatment plant project and several cleaner water grants and reallocations. Members asked about loan rates, local rate increases needed to repay debt, and the Providence emergency water interconnect; staff explained that Lewisport had begun a rate increase process, and that the Providence project would connect Webster County Water District and the city of Providence to stabilize pressure after a systemwide failure. All action items were approved.
MN
Transcript Highlights:
- Um, but we can't have anything that impacts geo bonds in this bill because then it would require a higher
- Um, but we can't have anything<00:05:15.680><c> that</c><00:05:16.080><c> impacts</c><00:05:16.639><c
- It's just that will impact the income, and then we're good.
- Further discussion on the bill. just it that will impact the income and just it that will impact the
- Um, in fiscal year 2029 is now a negative 1.745 billion without inflation. And, Mr.
Committee:
Senate Finance
MN
Minnesota 2025-2026 Regular Session
Conference Committee on SF3045 5/9/25
Transcript Highlights:
- </c><00:53:09.040><c> The</c> million adjusted for inflation. The million adjusted for inflation.
- Um, and this raises the threshold to $1 million, adjusted annually for inflation.
- The impact of an aging population has only begun to be realized.
- The impact of an aging population has only begun to be realized. demographics.
- The impact of aging every stage.
HI
Hawaii 2025 Regular Session
CPC Public Hearing - Tue Feb 11, 2025 @ 2:00 PM HST
Consumer Protection & Commerce
Transcript Highlights:
- I am sympathetic that prices are going up right now; inflation is going up.
- So the impacts are severe, and we want that to be recognized within our testimony. Thank you.
- So the impacts are severe, and we want that to be recognized within our testimony. Thank you.
- So the impacts are severe, and we want that to be recognized within our testimony. Thank you.
- There is, at least on the hospital side, a $30 million a year impact of lost revenue.
Committee:
House Consumer Protection & Commerce
Summary:
The committees heard testimony on several transportation and consumer-related bills. HB 496, relating to mamaki tea labeling, drew support from the Department of Agriculture, the Department of Weights and Measures, and the Hawaii Farm Bureau, which said the bill would help protect a culturally important crop and the Hawaii brand. Members questioned Agriculture about staffing and whether the bill was being used to reopen a package-labeling inspection branch; the department said it currently has no Oahu inspectors for that function but has a place for an additional inspector. No opposition was registered on the measure.
HB 978, relating to electric utilities, and HB 1316, relating to DLNR/park reservations, were also heard. HB 1316 received support from State Parks, and members discussed where reservation fees would go and whether the statewide reservation system for three parks would cover its costs; the committee indicated a change would be made so fees go to the special fund. HB 914, relating to water carriers, drew support or comments from the PUC, Department of Agriculture, Department of Transportation, Young Brothers, and the Hawaii Harbor Users Group. The main discussion focused on the proposed automatic rate-adjustment mechanism tied to the GDP price index, with members asking for alternative index ideas and questioning whether the PUC already had authority to adopt such a mechanism. Young Brothers said the measure would provide clarity and help recover inflationary costs, while the chair raised concerns about repeated rate increases and asked for further testimony on possible alternative indices.
HB 1161, relating to transportation and road usage charges, received support from the Insurance Division, DOT, and the State Energy Office, with comments from the Tax Foundation of Hawaii and the Hawaii Food Industry Association. Members asked whether counties need state authorization to adopt mileage-based charges and why the bill included funding for implementation; DOT said it is helping counties build the data collection and billing system and that Honolulu is handling much of the collection work. A question was also raised about whether plug-in hybrids would be covered, and DOT said vehicles under the federal electric-vehicle definition would be included. HB 1301, relating to transportation network companies, drew opposition from the Hawaii Association for Justice, Lyft, and Uber, all arguing that classifying TNCs as common carriers and changing liability rules would raise costs, reduce access, and disrupt the current statewide framework. No votes or final committee actions were taken in the portion of the meeting provided.
FL
Transcript Highlights:
- This is an optional tool for veterinarians to positively impact a practice by enhancing care, expanding
- The shortage of veterinarians has a devastating impact on people and animals right here in Florida.
- Veterinary fees have risen at twice the rate of inflation annually.
- When it fails, the impact ripples far beyond the track.
- I want to address a couple of quick things that came up in debate related to the economic impact.
Committee:
House Commerce Committee
NY
Transcript Highlights:
- We are really interested in ways of impacting and making sure that New York is well served.
- We have to make sure that it's getting to the north also, and real impact on that.
- market, working directly with small farmers and individuals, and understanding how that directly impacted
- Working directly with small farmers, with individuals, and understanding how that directly impacted them
- And then, of course, addressing social inflation.
Committee:
Senate Banks
Summary:
The Senate Banking Committee met for its first meeting of the session, with Chair James Sanders Jr. and Ranking Member George Borrello opening the hearing and noting a collaborative approach to committee work. The committee first considered and advanced several bills: S.114, which would prohibit state-chartered banks from investing in or financing private prisons; S.2040, which would require money transmitters to provide a consumer warning; S.5473, which would require disclosures in advertisements involving virtual tokens; and S.8406, Sanders’ bill to amend the community bank deposit program. Each bill was moved and approved by committee, with S.8406 passing unanimously.
The committee then heard from Caitlin Azar, Acting Superintendent of the Department of Financial Services (DFS), who outlined her background and DFS priorities. She emphasized affordability, consumer protection, stability, and innovation, and discussed DFS-led initiatives in the governor’s budget, including Banking Development Districts, non-bank mortgage CRA regulations, CDFI investment guidance, and consumer restitution. She also said DFS plans to issue buy-now-pay-later regulations in February, expand student lending protections and borrower education, and continue work on insurance affordability, including auto and homeowners insurance reforms, anti-fraud efforts, and discounts tied to telematics, dash cameras, and safe-driving courses.
Members questioned Azar about the balance between regulation and access, especially in crypto, buy-now-pay-later, and insurance markets. She said DFS aims to preserve competition while preventing discriminatory or excessive practices, and described existing oversight of virtual currency, including coordination with federal regulators. Another member asked about AI in auto insurance underwriting and pricing; Azar said DFS requires transparency, bias review, governance controls, and consumer recourse, and that credit scores cannot be used to deny or increase rates. The chair also raised concerns about foreclosure in Southeast Queens, improving BDD paperwork and data collection, and increasing the number of state-chartered credit unions. Azar said DFS is working on process improvements, community input, and maintaining open communication with the committee, but no additional votes or formal actions were taken during the DFS hearing.