Video & Transcript : 'Commodity Futures Trading Commission' :
Page 11 of 500
LA
Louisiana 2026 Regular Session
Natural Resources and Environment Mar 18th, 2026
Transcript Highlights:
- So that represents the volatility of the price of the commodity.
- So futures—of course, we have the price today, but also there are markets where people are trading barrels
- future.
- It says, hey, this is a really valuable commodity.
- Yeah, this is the futures price.
Summary:
The House Natural Resources Committee met with a quorum and first took up several property-transfer bills. House Bill 110, authorizing transfer of certain state property in St. Tammany Parish for a pocket park in Mandeville, was reported favorable without objection. House Bill 634, transferring state property in St. Martin Parish to Brownell Land Company LLC, was also reported favorable. House Bill 677, allowing the Tensaw Parish School Board greater flexibility to exchange school land for property of equal or greater value with certified appraisal requirements, was reported favorable after questions about the location and purpose of the exchange. House Bill 735, a cleanup bill transferring property from DOTD to LSU Health Shreveport to support expansion and parking near Mall St. Vincent, was likewise reported favorable.
The committee then held an informational hearing on the effects of the Iran conflict on Louisiana’s energy sector. Secretary Dustin Davidson said the conflict has driven oil prices sharply higher, with consumers bearing the cost through higher gasoline and especially diesel prices, while producers and refiners may see short-term gains. He warned that diesel increases can signal broader economic slowdown and discussed global shipping disruptions, the Strait of Hormuz, and Saudi Arabia’s response. Members asked about Louisiana’s ability to benefit from higher prices, the timing of increased drilling, and the role of carbon capture and infrastructure investment. Davidson said higher prices could support more drilling and severance tax revenue if sustained long enough.
Industry witnesses Tommy Fochay of LOGA, David Cresson of the Louisiana Chemical Association, Mike Moncla of LOGA, and LSU energy economists Greg Upton and Tyler Gray emphasized Louisiana’s role as a major LNG exporter, refiner, and petrochemical hub. They said geopolitical shocks create volatility, but Louisiana’s abundant natural gas, infrastructure, and export capacity position the state to help meet global demand. They urged stable policy, competitive taxes, pipeline and workforce investment, and caution on regulations. Upton and Gray presented data showing oil price spikes are likely temporary, futures markets expect prices to ease over time, rig counts respond with a lag, and Louisiana natural gas prices have remained relatively insulated so far. The committee adjourned after the presentations and questions.
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee May 13th, 2026
Transcript Highlights:
- That's a really exciting future to imagine, Madam Chair.
- Examining trade-offs. Trade-offs. There you go. Fine line with trade-offs.
- That analog became part of that trade-off.
- think about that as a trade-off.
- less is an anti-consumer, anti-fire-victim trade-off.
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.
AR
Transcript Highlights:
- I believe it's considered a commodity. Okay.
- I believe it's considered a commodity. Okay.
- Because it's a future investment. It's a federal investment.
- I'd encourage you to do that in the future.
- I'd encourage you to do that in the future.
Committee:
All ALC-PEER
AZ
Transcript Highlights:
- that they're making sure that they get it in the future.
- It puts what could be future projects that are looking at the area...”
- And investing in infrastructure is investing in the future of Arizona.
- It's going to be future legislation.
- I mean, I guess I would just say you're predicting the future.
Committee:
House House Commerce Committee of Reference
Summary:
The Commerce Committee heard and passed several bills dealing with insurance fraud funding, education scholarships, apprenticeships, workers’ compensation fraud, credit unions, manufactured home installation licensing, short-term rentals, homeowners associations, condo disclosures, and an advanced manufacturing infrastructure reimbursement program. HB 4020 would raise the annual insurer assessment cap for the Department of Insurance and Financial Institutions fraud unit from $1,050 to $1,350; it passed after testimony from Nationwide supporting the added resources. HB 2255 would extend Arizona Teachers Academy scholarship eligibility for community college students from two academic years to four, and HB 2591, as amended, would revise the definition and requirements for registered apprenticeships under DES standards; both passed unanimously. HB 2680, as amended, would narrow and clarify workers’ compensation fraud-related provisions and insurance disclosure requirements, and HB 2979, as amended, would modernize credit union bylaws, name changes, and operating powers; both also received due pass recommendations. HB 2868, which adds insurance and fingerprint-clearance requirements for manufactured home/mobile home installation licensees and gives the Department of Housing additional licensing authority, passed with some members present or voting no.
The committee also took up HB 2429, a strike-everything amendment on short-term rentals that would let local governments set occupancy limits, extend the violation window for suspension actions from 12 to 24 months, and allow suspension after certain building code violations. The sponsor and city officials described it as a compromise giving communities more local control, while short-term rental owners and neighborhood advocates raised concerns about overbroad enforcement and the scale of the housing impacts; the bill passed 8-2 with one present. HB 4011, which would codify duties for condominium and planned community associations to act reasonably and provide access to information, was heard without the proposed Carter amendment and passed 11-0 after testimony from homeowners, attorneys, and HOA representatives about fairness and enforceability. HB 2397, another HOA-related bill, would expand disclosure requirements for condo and association purchases and escrow information; it passed unanimously after supporters said it would improve consumer transparency.
Finally, the committee heard HB 4026, which would change the public infrastructure reimbursement program for advanced manufacturing projects by replacing the current statewide cap with a $75 million annual cap and requiring more transparency for related agreements. Supporters, including Queen Creek’s mayor, GPEC, and the Arizona Chamber, said the program helps fund roads, water, wastewater, and other infrastructure needed to attract large manufacturing investments and jobs, while some members questioned the budget impact and whether the program benefits rural areas. The discussion emphasized projects such as LG in Queen Creek and other major manufacturing investments, with supporters arguing the bill preserves Arizona’s competitiveness and generates long-term tax revenue.
CA
California 2025-2026 Regular Session
Assembly Environmental Safety and Toxic Materials Committee Jun 16th, 2026
Environmental Safety and Toxic Materials
Transcript Highlights:
- , and that commission and that commission elected me chair, and we came up with 34 policy recommendations
- Right now, local governments and communities really don't know anything about the future.
- The future of the land that refineries sit on today.
- Keith Dunn here on behalf of the State Building Construction Trades Council.
- Keith Dunn here on behalf of the State Building Construction Trades Council.
ND
North Dakota 2025-2026 Regular Session
House Finance and Taxation Apr 15th, 2025 at 09:00 am
Finance and Taxation
Transcript Highlights:
- What is the future of Continental in this basin?
- Essentially, the dot, dot, dot, or the subtext to that is, what is the future for my family?
- One, we're seeing commodity prices pull back. We're seeing costs go up.
- One, we're seeing commodity prices pull back. We're seeing cost go up.
- I don't believe that's going to be the case in the future.
Committee:
House Finance and Taxation
Summary:
The Finance and Tax Committee met to consider Senate Bill 2397 and a proposed amendment creating a development incentive well program for North Dakota oil and gas production. Representative Dockter explained the amendment as a way to encourage exploratory and innovative drilling in light of the state’s financial outlook and the growing share of stripper wells. Department of Mineral Resources Director Nathan Anderson and DMR geologist Timothy Nashim presented background on the Bakken and Three Forks formations, with Nashim describing research showing that Middle Three Forks second-bench development can add reserves in some areas but not others, and that roughly 600 additional wells in the strongest area could yield about 250 million barrels of oil.
Continental Resources representatives William Houser and John Argo supported the amendment. They said the bill would give a temporary oil extraction tax exemption for certified development incentive wells, limited to 36 months or 300,000 barrels, and would also update tax treatment for gas used in enhanced oil recovery and on-site electric generation. They argued the measure would encourage new technology and testing in existing spacing units, complementing House Bill 1483, which they said focused on geographic expansion into non-Bakken and non-Three Forks areas. Argo said Continental still invests heavily in North Dakota but is shifting rigs elsewhere because of economics, and he urged incentives to spur exploration and preserve the basin’s long-term future.
North Dakota Petroleum Council executive director Ron Ness also supported the concept, calling it a targeted, low-risk way to encourage innovation and future barrels. Committee members asked about royalty treatment, the difference from House Bill 1483, pressure maintenance, and how the program would be administered. DMR said the amendment should clarify that the operator bears the burden of proving a well qualifies and that only one incentive well per stratigraphic interval should be certified. No vote was taken; the committee paused to work on revised language and indicated the bill would likely need further adjustment, possibly in conference committee.
ND
North Dakota 2025-2026 Regular Session
Legislative Management Aug 17th, 2026
Transcript Highlights:
- Okay, so the Gaming Commission in their, sorry, the Gaming Commission in their letter has kind of outlined
- Before that, it was open, and the commission capped it.
- Trade Representative, as well To the U.S.
- or “What does the future look like for you?”
- Parole Commission? Mr.
Summary:
The committee first approved minutes from prior meetings and then filled a vacancy on Legislative Management by appointing Senator Braunberger after a caucus recommendation. Members then took up an unusual appeal from the North Dakota Gaming Commission after the Administrative Rules Committee voided a rule that would have raised the poker tournament entry fee from $300 to $1,500. Legislative Council explained the administrative rules process and the grounds for voiding a rule, while Gaming Commission representatives argued the commission had statutory authority and that the issue should be left to the full Legislature. Several members raised concerns about legislative intent, precedent, and whether the matter should wait for the regular session. On a motion to disapprove the Administrative Rules Committee’s finding and restore the rule, the committee voted no, so the voiding of the rule remained in place.
The committee then reviewed the fiscal impact statement for Constitutional Measure No. 1 on congressional age limits. Staff reported no current fiscal impact because no litigation had been filed, though members noted the possibility of future legal challenges if the measure were enforced. After that, the committee began hearing proposed bills for the upcoming special session, starting with several kratom-related measures. Representative Wolff withdrew her bill, saying it was redundant, while Representative Heinert presented a bill to legalize and regulate natural kratom for adults 21 and over under the Attorney General, with licensing, labeling, penalties, and a public health campaign. Senator Axtman presented a companion bill targeting synthetic kratom derivatives, placing them on the controlled substances list with penalties similar to marijuana. Legislative Council later outlined Representative Johnston’s separate kratom bill, which would regulate kratom under the Department of Agriculture with product registration, licensing, and enforcement provisions.
The committee also heard Senator Hogue’s bill to address funding for the State Historical Society’s military museum project. He argued the state was in breach of contract and that delaying action would increase costs, so his bill would authorize a $35 million line of credit to keep construction moving while fundraising continued. Members questioned the relationship between the proposed line of credit, existing SIF funding, and the private fundraising requirement, but no vote was taken before the meeting moved on. Finally, Representative Sue Ann Olson began presenting a bill requiring the Class D driver’s license test to be administered in English, arguing it was a safety measure because road signs are in English and law enforcement encounters can be complicated by language barriers. The transcript cuts off before her testimony concluded or any action was taken on that bill.
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee Apr 30th, 2025
Transcript Highlights:
- Offshore wind is a cornerstone of California's clean energy future, but we can't build that future without
- Offshore wind is a cornerstone of California's clean energy future, but we can't build that future without
- I look forward to working with you in the future to make that happen.
- I'm looking at ways to appropriately incentivize securitization in the future.
- international trade of this valuable renewable fuel.
Summary:
The committee heard several energy and utilities bills, with testimony largely focused on wildfire mitigation, affordability, clean energy planning, and utility accountability. AB 706, by Assembly Member Aguiar-Curry, would create a fund to support projects that use forest biomass waste from wildfire mitigation and forest restoration; supporters said it would reduce open burning and emissions while providing reliable renewable power, and the bill later passed 13-0. AB 39, by Assembly Member Zbur, would require larger cities and counties to adopt electrification planning strategies for transportation and buildings; it drew broad support from clean energy, labor, environmental, and local government advocates and passed 9-0. AB 1167, by Assembly Member Berman, would restrict investor-owned utilities from charging ratepayers for lobbying, promotional advertising, and similar shareholder-benefit expenses; supporters framed it as an affordability and transparency measure, while utilities argued the bill was overly broad and already covered by existing rules. It passed 7-0, with some members not voting and the roll left open.
The committee also considered AB 1417 on offshore wind community funding transparency, which was amended to remove new fees and instead require reporting on developer support for local and tribal community capacity-building; opposition was withdrawn and the bill passed 9-0. AB 367, by Assembly Member Bennett, would require water districts in high fire-risk areas of Ventura County to have backup power, full tanks during red flag warnings, and hardened facilities; water agencies opposed unless amended due to cost and liability concerns, but the bill passed 10-0. The consent calendar, including multiple additional measures, was approved 11-0.
Other bills drew more divided testimony. AB 745 would allow securitization to finance utility undergrounding and prohibit a return on equity for undergrounding projects; supporters said it would lower ratepayer costs, while utilities warned it would effectively discourage undergrounding and could raise other rates. The bill passed 7-4 and was left on call. AB 1423 would apply reliability standards to publicly funded EV chargers installed before 2024; supporters said taxpayers should get functioning chargers, while charging-network representatives objected to retroactive requirements and possible conflicts with existing agreements. It passed 13-0. AB 388 would create a narrow exception to utility regulation to facilitate green hydrogen projects using private power lines; supporters said it would unlock low-cost renewable hydrogen and jobs, while utilities raised concerns about customer protections and grid planning. It passed 12-0. The committee also began hearing AB 825, which the author said would address the high cost of financing major transmission and generation buildout, but the transcript cuts off before the full presentation and action on that bill.
WA
Washington 2025-2026 Regular Session
House Agriculture & Natural Resources Jan 21st, 2026 at 08:00 am
Agriculture & Natural Resources
Transcript Highlights:
- If that happens in the future, that would be wonderful.
- I'm the legislative director at the Washington Utilities and Transportation Commission.
- I'm the legislative director at the Washington Utilities and Transportation Commission.
- Also, ...costs, which will have an impact on future rates.
- Oh, just kidding—we traded out a panel member. Sorry, Scott.
Committee:
House Agriculture & Natural Resources
Keywords:
wildfire prevention, Washington wildfire council, fire safety, environmental protection, state regulations, HB 2238, HB2238, statewide food security, food security strategy, hunger, food insecurity, food access, food assistance, anti-hunger, nutrition education, food system literacy, agricultural viability, supply chain resilience, Washington Department of Agriculture, food policy forum
NM
New Mexico 2025 Regular Session
IC - Economic and Rural Development Jul 7th, 2025
Economic & Rural Development & Policy Committee
Transcript Highlights:
- . the future.
- These futures trading, and I don't really understand it.
- We're also hoping to loop that into our trade ports initiative.
- I think when we talk about the commuter, the commercial or commodities future trading.
- . as a commodity because you know you have a disruption in any commodity in this country, it's going
ND
North Dakota 2026 1st Special Session
Budget Section Regulatory Division Mar 18th, 2026
Transcript Highlights:
- Oil and gas operator meetings to understand future plans: that's done.
- Chairman, I'm just—I pulled up the oil futures.
- Well, it's oil, but it's another commodity that this state uses a lot of in fertilizer.
- Jordan County, I'm the Deputy Director in the Industrial Commission Admin Office.
- Chairman, Representative, I'm very bullish on the long-term future of this play.
Summary:
The committee met as the Budget Section’s Regulatory Division and first reviewed base budget materials for the North Dakota Housing Finance Agency and the Department of Mineral Resources. Legislative Council explained the blue-sheet budget summaries and historical funding trends. The Housing Finance Agency then reported on its ongoing homeownership, housing incentive, and homelessness programs, noting that its new FTEs are being filled, loan servicing remains above benchmark, and the agency is operating largely on special and federal funds rather than general fund dollars.
Housing Finance officials said the Housing Incentive Fund continues to be heavily oversubscribed, with requests far exceeding available dollars, and described how funds are being used for multifamily gap financing, rural single-family development, community land trusts, and homeless prevention/rapid rehousing. Members asked about performance measures, the number of people served, and the relationship between housing costs, wages, and homelessness. The agency said it uses scoring criteria tied to performance and outcomes, and requested that the Legislature maintain or increase funding for HIF, single-family housing, and homeless grants. Committee members also discussed the need to coordinate housing finance efforts with Commerce and broader site-preparation and workforce issues.
The Department of Mineral Resources reported that it is on track with its budget, has filled most of its newly authorized reclamation positions, and is moving ahead on several initiatives, including IT modernization through Project North Star, organizational succession planning, and rulemaking for critical minerals and oil and gas programs. The director gave an extensive update on oil and gas activity, explaining that longer laterals and operational efficiencies are keeping production relatively flat even as rig counts decline, and that gas capture remains around 95 percent. Members asked about oil prices, hedging, spacing units, and the effects of geopolitical events on markets and state revenues.
The committee also received an update on the enhanced oil recovery grant program and the Pipeline Authority. The EOR program’s $25 million appropriation was fully allocated to six projects, with additional oil and gas research funds also committed, and officials said the projects will require public status reports and final reports. The Pipeline Authority described major natural gas transmission projects, including the upcoming Bakken Express line and the proposed Bakken East project, which recently completed a binding open season after the Industrial Commission selected WBI Energy’s proposal to move forward.
MN
Minnesota 2025-2026 Regular Session
Committee on State and Local Government - 04/09/26
State and Local Government
Transcript Highlights:
- futures trading stuff, if futures contracts relate to any of certain areas.
- </c> do, we continue to exempt um commodity do, we continue to exempt um commodity futures<00:21:25.200
- trading stuff, if futures futures trading stuff, if futures contracts<00:21:28.360><c> relate</c><00
- Commodity futures have always been exempted.
- </c><00:32:14.600><c> except</c> commodity futures are exempted except commodity futures are exempted
Committee:
Senate State and Local Government
KY
Kentucky 2025 Regular Session
Commission on Race and Access to Opportunity (8-26-25)
Transcript Highlights:
- Anyway, we'd like to call our August 2025 interim meeting on the Commission on Race and Access to Opportunity
- U Finance is pretty much the overall commodity oversight, but agencies do have the ability to make small
- In the future, we're looking at program.
- Good afternoon, Chair and members of this commission, and thank you for the opportunity to speak with
- ,</c> chair and members of this commission, chair and members of this commission, and<00:19:29.840><c
Summary:
The August 2025 interim meeting of the Commission on Race and Access to Opportunity began with roll call, confirmation of a quorum, approval of the June meeting minutes, and welcoming a new member, Ivonne Smith, who noted her background in MWBE and DBE work. The chair also offered condolences to a member whose father recently passed away and explained that the committee had invited agency officials to answer questions raised at the prior meeting.
The first presentation was from Singer Buchanan of the Kentucky Finance and Administration Cabinet, who described the state’s equal opportunity and contract compliance office and its certification programs for service-disabled veteran-owned small businesses and minority/women business enterprises. He outlined outreach efforts, including partnerships with veterans’ organizations, the Kentucky Department of Veterans Affairs, UK, and transportation-related groups; explained that the programs are intended to expand market access rather than provide grants; and said the office has moved to an online application portal that has processed 227 new applications since December 2023. He reported 536 total vendors across the programs, including 29 service-disabled veteran-owned small businesses, and said the office is considering website testimonials to improve outreach. Members asked about staffing, application assistance, and whether the state program conflicts with federal policy; Buchanan said the office has three staff members and that the program is state-funded and, based on legal advice, should continue under Kentucky law.
Tony Yusefi of the Kentucky Transportation Cabinet then presented on the federal Disadvantaged Business Enterprise program. He explained the program’s legal basis under federal DOT regulations, its eligibility standards, and its purpose of creating a level playing field while helping firms grow and eventually compete without assistance. He described certification requirements, annual documentation, prompt-payment protections, commercially useful function reviews, good-faith effort requirements, and sanctions for violations. He also discussed barriers facing DBEs, including access to capital, bonding, insurance, training, and prequalification requirements, and noted that 50 firms were removed last month for noncompliance with annual documentation rules. Yusefi said the cabinet has expanded supportive services, including an online application platform, bid notifications, and a nine-class business development program; 95 DBEs are enrolled this year, and the bid-matching system reaches an average of 377 DBEs monthly.
KY
Kentucky 2026 Regular Session
Interim Joint Committee on Veterans, Military Affairs, & Public Protection.(7-20-26)
Veterans, Military Affairs, & Public Protection
Transcript Highlights:
- Lord, may we make decisions, future.
- We were the liaison to a lot of national commissions and state commissions to help coordinate some of
- </c> experiment and they expected future experiment and they expected future generations<00:33:37.840
- The commission some ongoing events.
- And I also get to do a the future.
WA
Washington 2025-2026 Regular Session
House Agriculture & Natural Resources Jan 21st, 2026
Transcript Highlights:
- If that happens in the future, that would be wonderful.
- I'm the legislative director at the Washington Utilities and Transportation Commission.
- I'm the legislative director at the Washington Utilities and Transportation Commission.
- Oh, just kidding, we traded out a panel member. Sorry, Scott.
- Thanks. ...landscape in relation to peer state competitors for certain commodity types.
Summary:
The House Agriculture and Natural Resources Committee held a public hearing on House Bill 2275, which would create a Wildfire Prevention and Protection Fund and a new council to oversee utility wildfire mitigation, claims payments, and related administration. Staff explained that investor-owned utilities would be required to participate, consumer-owned utilities could opt in, and utilities would pay annual contributions and maintain approved wildfire mitigation plans to qualify for claims coverage. The prime sponsor, Rep. Christine Reeves, said the bill was intended to address wildfire liability, support prevention, and create a more comprehensive statewide approach to wildfire risk. Members asked about retroactivity to July 1, 2021, utility contribution limits, and whether the bill would lower rates or improve mitigation funding.
Public testimony was split. Supporters included the Confederated Tribes of the Colville Reservation, the Department of Natural Resources, wildfire survivors, and several wildfire and insurance advocates, who emphasized the need for compensation, stable funding, prevention, and better resilience planning. Opponents included several utilities, utility associations, business groups, and public utility district representatives, who argued the bill would shift uncapped costs to ratepayers, lacked clear liability reform and solvency protections, and could be vulnerable to future fund sweeps. Some witnesses cited California’s wildfire fund as a model, while others said Washington needed a broader, more holistic solution focused on prevention and liability reform. No vote was taken on HB 2275; the public hearing was closed after testimony.
The committee then moved to executive session on House Bill 2238, which directs the Department of Agriculture to develop a statewide food security strategy and adds food security coordination and food system performance monitoring to the department’s duties. Four amendments were adopted: L-061, requiring consideration of regulatory cost metrics and periodic competitiveness reporting; L-062, directing the strategy to recommend legislative actions to make food more affordable and reduce food assistance need; L-060, adding people with lived experience of food insecurity and BIPOC small farmers to consultation requirements and focusing on root causes of hunger; and L-063, adding fuel and labor cost tracking to agricultural viability metrics. Amendment L-064, which would have required a consultant study on proposed agricultural labor legislation, failed on a 5-6 roll call vote. The committee then adopted the amended substitute and reported Substitute House Bill 2238 out of committee with a due pass recommendation by an 11-0 vote.
CA
California 2025-2026 Regular Session
Assembly Natural Resources Committee Sep 12th, 2025
Transcript Highlights:
- Crude oil is a global commodity, and that is what drives prices here.
- Keith Dunn here on behalf of the State Building and Construction Trades Council.
- The State Building and Construction Trades builds alternative energy.
- for rental housing and get funding in the future.
- And I supported cap and trade a number of years ago when it came here in '17.
Summary:
The Assembly Natural Resources Committee heard three major bills. SB 237, by Senator Grayson, proposed a package of fuel-supply and permitting changes aimed at stabilizing gasoline prices during California’s energy transition. Supporters, including state officials, Kern County representatives, labor groups, and industry groups, said it would help retain in-state refining and drilling capacity, reduce price spikes, and protect jobs. Opponents, including environmental justice and conservation groups, argued it would expand oil drilling without enough community protections and would not meaningfully address climate goals. After extensive testimony and questions about emissions, sunsets, and long-term strategy, the committee passed SB 237 on a due pass vote, with some members voting no or not voting.
SB 352, by Senator Reyes, sought to strengthen implementation of AB 617, the community air protection program, by codifying the Environmental Justice Bureau in the Department of Justice, extending monitoring requirements, and requiring annual legislative reporting. Supporters said the bill would improve accountability and ensure that funding for impacted communities actually produces emissions reductions. Some environmental justice advocates were neutral or not fully supportive because they wanted stronger language, while business and industry groups opposed the bill, arguing it was added late and duplicated existing processes. The committee approved SB 352 on a due pass vote.
SB 840, by Senator Limon, was the cap-and-invest reauthorization package. It would update offset protocols, adjust how revenues are spent, and continue funding for key climate, housing, transit, and community programs, including AB 617. Support came from environmental groups, labor, local governments, housing advocates, and clean transportation organizations, while some agricultural interests objected that the package did not sufficiently prioritize climate-smart agriculture and methane reduction programs. The committee passed SB 840 on a due pass vote as well. All three measures were later confirmed out of committee after calls were lifted.
CA
Transcript Highlights:
- The department received, they commissioned and received a detailed report in June 2022 that went into
- Lukens Brothers Water Company is a small water system regulated by the Public Utilities Commission and
- behalf of the California Coalition of Utility Employees, IBEW Local 18, and the California State Pipe Trades
- payments—in other words, commodity-in-kind for work—there's no record of you, and then you're not subject
- NEMA is the trade association for North American insulation manufacturers of fiberglass, stone wool,
Committee:
House Insurance
Summary:
The Assembly Insurance Committee met as a subcommittee and heard several bills focused on insurance transparency, wildfire mitigation, access to coverage, and workforce issues. AB 75 would require insurers to give homeowners 30 days’ notice before collecting aerial images of their property and allow homeowners to review those images; supporters framed it as a privacy and consumer protection measure, while consumer advocates and insurers sought amendments to strengthen access and clarify coverage. The committee also heard AB 234, which would add the Assembly Speaker and Senate pro tem, or their designees, as nonvoting members of the California FAIR Plan governing committee; supporters said it would improve oversight, while opponents argued it was only a small transparency step and more reform was needed. Both bills were advanced, with AB 75 sent to Privacy and Consumer Protection and AB 234 sent to the Assembly Floor.
Members also heard AB 428, which would allow water corporations to participate in joint powers authorities for pooled insurance purposes, with testimony from small water utilities describing steep premium increases and the need to reduce costs. The bill was supported by water industry and labor groups and passed to Local Government. The consent calendar included AB 69, AB 487, and AB 570, all sent to Appropriations. AB 943 would streamline producer pre-licensing education requirements by removing the 20-hour per-line mandate while keeping ethics training; industry sponsors said it would reduce barriers to entry, while consumer advocates warned it could lower professional standards. The committee approved AB 943 to Appropriations.
AB 1209 would create a pathway for cannabis employers to secure workers’ compensation coverage and related services through a state-coordinated network, with supporters saying the industry faces unique banking and insurance constraints and that the bill would improve compliance and transparency. Opponents argued it could amount to a form of amnesty and questioned whether the industry was simply avoiding existing requirements. The committee advanced AB 1209 to Business and Professions. Finally, AB 1 would require the Department of Insurance to review and consider updates to the Safer from Wildfire regulations every five years starting in 2030; it drew broad support from the department, insurers, local governments, and fire-safety advocates, and was sent to Appropriations. Most measures passed on strong or unanimous votes, with AB 1209 receiving a 15-2 vote.
TX
Transcript Highlights:
- And some of them are subjective because we all can't determine what the future is.
- Gold, without this bill becoming law, would you agree, is a commodity?
- I mean the way you purchase gold in markets is as a... ...in the future.
- You can buy gold in the futures markets; you can buy gold as a commodity, right?
- But in the future...
Bills:
SB801 , SB867 , SB2717 , SB2919 , HJR7 , HB4 , HB14 , HB27 , HB42 , HB46 , HB 100 , HB 111 , HB 112 , HB 121 , HB 126 , HB146 , HB186 , HB223 , HB229 , HB322 , HB367 , HB500 , HB521 , HB640 , HB705 , HB783 , HB 1052 , HB 1056 , HB 1105 , HB 1106 , HB 1178 , HB 1211 , HB 1234 , HB 1306 , HB1403 , HB1449 , HB1506 , HB1661 , HB1690 , HB1871 , HB1960 , HB2017 , HB2078 , HB2128 , HB2240 , HB2243 , HB2348 , HB2407 , HB2512 , HB2820 , HB2844 , HB2853 , HB2854 , HB2885 , HB3000 , HB3005 , HB3053 , HB3057 , HB3181 , HB3333 , HB3372 , HB3425 , HB3441 , HB3516 , HB3749 , HB3783 , HB3812 , HB3848 , HB3923 , HB3963 , HB4070 , HB4134 , HB4157 , HB4158 , HB4211 , HB4449 , HB4623 , HB4638 , HB4687 , HB4690 , HB4748 , HB4749 , HB4795 , HB4848 , HB5093 , HB5115 , HB5129 , HB5138 , HB5294 , HB5616 , HB5629 , HB5646 , HB5661 , HB5672 , HB5674 , HB5699 , HCR40 , SJR5 , SJR27 , SJR59 , SB4 , SB6 , SB8 , SB9 , SB10 , SB12 , SB22 , SB23 , SB25 , SB27 , SB34 , SB36 , SB37 , SB38 , SB40 , SB57 , SB140 , SB261 , SB293 , SB441 , SB447 , SB467 , SB512 , SB650 , SB777 , SB785 , SB924 , SB1188 , SB1281 , SB1318 , SB1333 , SB1398 , SB1448 , SB1566 , SB1579 , SB1621 , SB1723 , SB1838 , SB1862 , SB2167 , SB2405 , SB2406 , SB2407 , SB2878 , SB3059 , SB3070 , SB1 , SB17 , SB21 , SB260 , SB379 , SB509 , SB1198 , SB1405 , SB1506 , SB1637 , SB1833 , SB2155 , SB2308 , SB2601 , SB2778 , HB300 , HB2011 , HB2525 , HB5246 , SJR36 , SJR50 , SJR63 , SCR12 , SCR39 , SB2023 , SB62 , SB666 , SB847 , SB284 , SB854 , SB810 , SB1505 , SB583 , SB507 , SB1434 , SB1772 , SB2016 , SB1122 , SB731 , SB397 , SB508 , SB1436 , SB287 , SB1882 , SB393 , SB1791 , SB209 , SB2429 , SB1085 , SB1975 , SB2717 , SB1262 , SB636 , SB2056 , SB884 , SB1200 , SB1845 , SB2458 , SB801 , SB3014 , SB3013 , SB758 , SB2797 , SB2076 , SB2876 , SB1640 , SB1449 , SB1181 , SB1234 , SB2926 , SB2841 , SB1528 , SB1854 , SB317 , SB1250 , SB2082 , SB1237 , SB2819 , SB629 , SB2608 , SB1602 , SB2009 , SB867 , SB640 , SB1698 , SB2680 , SB913 , SB1071 , SB1086 , SB1087 , SB1483 , SB1444 , SB1553 , SB1556 , SB1703 , SB2133 , SB2297 , SB2298 , SB2622 , SB2955 , SB2334 , SB1367 , SB2044 , SB2363 , SB2565 , SB1888 , SB3036 , SB3057 , SB3043 , SB3063 , SB3035 , SB203 , SB2688 , SB2522 , SB2459 , SB2655 , SB2251 , SB1884 , SB2928 , SB2566 , SB2549 , SB2553 , SB2919 , SB1944 , SB1232 , SB1798 , SB2603 , SB2607 , SB2683 , SB1319 , SB3045 , SB3071 , HJR7 , HB5115 , HB3053 , HB1403 , HB223 , HB748 , HB5652 , HB3395 , HB180 , HB 1306 , HB322 , HB 126 , HB5650 , HB4894 , HB1629 , HB5698 , HB3171 , HB2694 , HB5664 , HB4690 , HB4464 , HB3623 , HB2520 , HB2213 , HB252 , HB146 , HB5596 , HB3619 , HB5320 , HB5651 , HB5670 , HB5665 , HB5437 , HB5679 , HB5699 , HB5661 , HB5662 , HB5654 , HB5672 , HB5656 , HB3812 , HB3057 , HB2035 , HB721 , HB346 , HB2512 , HB5695 , HB5694 , HB5674 , HB3185 , HB2348 , HB1871 , HB 1135 , HB 101 , HB5666 , HB5677 , HB5682 , HB5658 , HB4144 , HB3642 , HB3815 , HB2686 , HB2012 , HB1960 , HB227 , HB654 , HB1690 , HB2128 , HB4158 , HB4630 , HB1523 , HB2078 , HB1973 , HB3333 , HB3697 , HB3546 , HB3225 , HB3181 , HB2820 , HB1506 , HB 1234 , HB640 , HB521 , HB229 , HB186 , HB 119 , HB4795 , HB4466 , HB3749 , HB 1106 , HB4 , HB4170 , HB3909 , HB4081 , HB4145 , HB4157 , HB4285 , HB4463 , HB4995 , HB5138 , HB5624 , HB1449 , HB2598 , HB3629 , HB4361 , HB824 , HB1868 , HB4848 , HB2243 , HB40 , HB 117 , HB3686 , HB500 , HB3793 , HB 112 , HB 104 , HB 1056 , HB42 , HB3000 , HB 100 , HB2240 , HB718 , HB27 , HB4904 , HB4202 , HB2853 , HB5129 , HB5093 , HB4765 , HB4748 , HB4559 , HB4350 , HB4214 , HB3388 , HB3112 , HB5196 , HB4211 , HB3516 , HB3092 , HB4233 , HB4687 , HB705 , HB 1094 , HB2037 , HB3005 , HB3848 , HB 1105 , HB 121 , HB3372 , HB367 , HB783 , HB3336 , HB3441 , HB4449 , HB5616 , HB2407 , HB2854 , HB3425 , HB5294 , HB 1178 , HB4623 , HB14 , HB3963 , HB 1211 , HB5646 , HB5629 , HB3783 , HB4236 , HB46 , HB4638 , HB 1052 , HB4070 , HB5509 , HB5435 , HB4134 , HB3923 , HB3520 , HB3320 , HB2517 , HB2488 , HB5663 , HB2731 , HB3073 , HB2655 , HB2399 , HB541 , HB4099 , HB 111 , HB1532 , HB3483 , HB2963 , HB4580 , HB3748 , HB713 , HB632 , HB426 , HB4730 , HB 127 , HB5690 , HB5689 , HB5655 , HB3385 , HB2757 , HB4359 , HB5381 , HB20 , HB 123 , HB549 , HB5606 , HB2217 , HB2594 , HB796 , HB150 , HB 1057 , HCR141 , HCR40 , HCR59 , HCR76 , HCR81 , HCR46 , HCR111 , HCR83 , HCR84 , HJR7 , HB4 , HB14 , HB27 , HB42 , HB46 , HB 100 , HB 126 , HB150 , HB322 , HB367 , HB500 , HB640 , HB705 , HB783 , HB 1105 , HB 1178 , HB 1211 , HB 1234 , HB1506 , HB1690 , HB1871 , HB2078 , HB2128 , HB2240 , HB2243 , HB2407 , HB2512 , HB2853 , HB2854 , HB3000 , HB3057 , HB3181 , HB3372 , HB3425 , HB3441 , HB3749 , HB3783 , HB3812 , HB3923 , HB3963 , HB4070 , HB4134 , HB4157 , HB4211 , HB4449 , HB4623 , HB4638 , HB4687 , HB4748 , HB4795 , HB5093 , HB5129 , HB5616 , HB5629 , HB5699 , HB229 , HB521 , HB 1056 , HB 1106 , HB5138 , SR583 , SCR52 , HB223 , HB229 , HB521 , HB 1056 , HB 1106 , HB1403 , HB3053 , HB5115 , HB5138
TX
Transcript Highlights:
- I'm honored to welcome some of the leaders who are shaping the future of our coastal bend here on the
- nation, you've done a tremendous job there. at the port, overseeing one of the nation's most important trade
- Moreno was commissioned captain of the United States Air Force and most recently served as the medical
- The top Texas agricultural commodity is cattle, worth over $15 billion.
- The Center for International. international trade, not just for the Pasadena area, not just for Texas
TX
Transcript Highlights:
- We are the regional traded...
- Of acres of rangeland in West Texas with the Texas Commission on.
- First, the future of Texas really needs to have enough water.
- retaliation, whether our future...
- Texas Rural Water Association is a trade association.
Committee:
House Natural Resources