Video & Transcript : 'price estimates' :

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MN

Minnesota 2025-2026 Regular Session

House Ways and Means Committee 3/2/26

Ways and Means

Transcript Highlights:
  • </c> than our previous estimates. than our previous estimates.
  • Then debt service and all other areas of estimates. I'll um These increases are a estimates.
  • </c> million lower than previous estimates million lower than previous estimates this<00:43:00.120><c
  • ><c> then</c><00:46:03.920><c> the</c> session estimates and then the session estimates and then the
  • . prices. prices.
Bills: HF3425
CA
Transcript Highlights:
  • Good faith estimate changes that to total charges estimate. I don't know what that means.
  • It's a pricing restriction law.
  • I saw my price online. I have no reason... I saw my price online.
  • Because if that's the advertised price and then the estimated total, what's happening here?
  • Because that, you know, if that's the advertised price and then the estimated total, what's happening
Summary: The Assembly Privacy and Consumer Protection Committee heard several bills on AI, social media, rental cars, and account deletion. AB 316 by Assemblymember Krell would bar defendants from avoiding liability by claiming an AI system autonomously caused harm. Supporters argued it would preserve accountability as AI grows more powerful, especially in cases involving children, while opponents said existing tort law already covers these issues and warned the bill could create uncertainty and overbroad liability. The bill passed the committee 8-1. AB 656 by Assemblymember Schiavo, sponsored by Consumer Federation of California, would make it easier for users to delete social media accounts and personal information, with amendments shifting the deletion prompt into settings rather than on every screen. Supporters said platforms use dark patterns and make deletion unnecessarily difficult; opponents raised concerns about unintended deletions and possible conflicts with existing privacy law, though the author said the bill was being aligned with CCPA. The bill passed 9-0. The committee also approved the consent calendar. AB 1197 by Assemblymember Calderon would address rental car theft and misuse by allowing limited geofencing in specific situations and revising rules around renter liability when keys are returned and a police report is filed. Rental car companies and other supporters said the bill would help recover stolen or abandoned vehicles, while an opponent warned about privacy and possible consumer harms in edge cases. The bill passed 11-0. AB 1374 by Assemblymember Berman would require more upfront disclosure of the total price of rental cars, including mandatory fees, to curb hidden charges; supporters said consumers still face surprise costs, while opponents argued current law already requires disclosure and that the bill’s new wording could invite litigation. It passed 13-0.
CA

California 2025-2026 Regular Session

Assembly Privacy and Consumer Protection Committee May 6th, 2025

Privacy and Consumer Protection

Transcript Highlights:
  • Good faith estimate changes that to total charges estimate. I don't know what that means.
  • It's a pricing restriction law.
  • I saw my price online. I have no reason... I saw my price online.
  • Because that, you know, if that's the advertised price and then the estimated total, what's happening
  • Because that, you know, if that's the advertised price and then the estimated total, what's happening
Summary: The Assembly Privacy and Consumer Protection Committee heard and advanced four bills focused on AI liability, social media account deletion, rental car theft prevention, and rental car price transparency. AB 316 by Assembly Member Krell would bar defendants from avoiding liability by claiming an AI system autonomously caused harm; supporters said it preserves existing tort standards while preventing AI from becoming a scapegoat, while opponents argued current law already covers these issues and the bill could create uncertainty. The committee ultimately passed AB 316, 8-1, with one no vote and the roll left open for absent members. AB 656 by Assembly Member Chiu would make it easier for consumers to delete social media accounts and personal information, with amendments shifting the deletion option into settings rather than requiring a message on every screen. Supporters, including Consumer Federation of California, said platforms make deletion unnecessarily difficult and that the bill helps users escape addictive platforms; opposition from TechNet was limited and described as a work-in-progress. The bill passed unanimously, 9-0, and the roll was left open. AB 1197 by Assembly Member Calderon would modernize rental car laws to address theft and misuse, including allowing limited geofencing in specific circumstances and revising the “keys” presumption for stolen vehicles. Supporters from rental car companies said the bill would help recover stolen or abandoned vehicles and reduce fraud, while consumer advocates raised concerns about privacy and possible unintended consequences. The committee passed AB 1197 unanimously, 11-0, with the roll left open. AB 1374 by Assembly Member Berman would require rental car companies to disclose the real price of a rental earlier in the booking process, including mandatory fees and taxes, to curb hidden-fee pricing. Consumer advocates supported the measure and cited examples of price increases late in the transaction, while rental car industry representatives argued existing law already works and that the bill could create confusion or litigation. The committee passed AB 1374 unanimously, 13-0. The committee also approved the consent calendar, and later reconfirmed the votes for the bills after quorum issues were resolved.
ND

North Dakota 2026 1st Special Session

Tax Reform and Relief Advisory Committee Jun 23rd, 2026

Tax Reform and Relief Advisory Committee

Transcript Highlights:
  • The orange line across the top is the price of crude oil, the Bakken price received.
  • It involves some estimates as well with production from stripper wells, as well as what the price will
  • A little more, I went, it involves some estimated, some estimates as well with production and from stripper
  • wells as well as what the price will be doing. ...and from stripper wells, as well as what the price
  • I utilized the same pricing assumptions, that same pricing model.
Summary: The committee met to receive updates from the Tax Commissioner’s office on property tax relief programs and related compliance work. Commissioner Brian Croshys reviewed the Homestead Property Tax Credit, Disabled Veteran Credit, and Primary Residence Credit, noting that the Homestead program expanded significantly after HB 1158, that some households are “adjusting out” of eligibility as incomes rise, and that the committee may want to consider indexing income thresholds. Members asked for additional data on bracket breakdowns, possible costs of eliminating income limits for seniors, and how many households are zeroed out by the combined programs. Croshys also discussed the simpler administration of the disabled veteran credit, the growth in participation, and the heavy workload and auditing safeguards built into the new primary residence credit system. He said the department found no material compliance findings and that the program is designed to be digital-first, with county auditors and the Tax Commissioner’s office both involved in review and notification. The committee recessed for lunch and later reconvened, with the chair noting that more detailed PRC information would likely be available at a September meeting. Shelly Myers then presented the statewide property tax increase, or “zero growth,” report and the 2025 statistical report. She explained how county auditors report levy and valuation data, how increases and decreases are counted, and which jurisdictions showed the largest percentage changes in countywide, citywide, school district, and park district levies. In the statistical report, she summarized recent trends in assessed values: agricultural values remained relatively flat, while residential, commercial, and centrally assessed property values increased over the past five years. She also reviewed statewide tax levies by property class and clarified that centrally assessed growth figures were annual averages. Members discussed how shifts in land use and annexation can make it appear that tax burdens are moving from ag to residential/commercial property. Myers then summarized the interim study on the 3% levy limitation under HB 1176, saying most counties complied without budget changes, while some used hiring freezes, deferred purchases, or reserve funds; 23% of counties had to reduce levies, and the affected funds were mainly general, road and bridge, and weed control. She said 12 counties reported zero new growth in the data and that 35 counties reported not using all of their cap. The committee also received an oil tax presentation from Croshys on the stripper well extraction tax exemption. He outlined the number of active stripper wells, the production and revenue implications of the exemption, and projections for future biennia under different tax scenarios. He said the exemption represents substantial savings to operators but also corresponds to production tax revenue that would otherwise be collected, and he emphasized that future outcomes depend on oil prices, well counts, and technology such as CO2 enhanced oil recovery. Nathan Anderson of the Department of Mineral Resources briefly answered a question about why Red River wells have a different production threshold than Bakken wells, explaining it was tied to completion costs and lateral length. The committee then heard from Charlie Gorecki of the EERC, who presented an analysis of typical Bakken well decline curves and argued that most oil is produced before a well reaches stripper status, but that keeping wells open and investing in refracturing or other interventions can recover additional production. No votes were taken during this portion of the meeting; the main actions were receiving reports, asking for follow-up data, and scheduling further discussion for a later meeting.
CA

California 2025-2026 Regular Session

Senate Environmental Quality Committee Feb 18th, 2026

Environmental Quality

Transcript Highlights:
  • And when the prices spiked a few years ago, we blamed price gouging. after year, and when the prices
  • spiked a few years ago, we blamed price gouging.
  • And my constituents are paying the price. Let me be very clear here.
  • My constituents are paying the price. Let me be very clear here.
  • In 2022, we had very high price spikes, both in '22 and '23.
KY
Transcript Highlights:
  • </c> this example the PBM negotiated price this example the PBM negotiated price would<00:20:48.640><
  • negotiated price is it's $100 the PBM negotiated price is still<00:21:03.960><c> 52</c><00:21:04.799
  • It has an estimate in there—I'm sorry, I lost my notes here—it has a large estimate in there of, um,
  • </c><00:29:32.919><c> in</c> of Insurance it uh has an estimate in of Insurance it uh has an estimate
  • </c> those fully insured plans the estimate those fully insured plans the estimate um<00:31:30.399><c
Summary: The House Standing Committee on Banking and Insurance met with a quorum and first took up Senate Bill 145, sponsored by Sen. David Givens. The bill would update retail installment contract statutes for automobile sales, allowing retailers with installment contracts shorter than 28 days to begin collections after three days instead of waiting for multiple missed payments, and it also harmonizes a related dollar amount in statute from $10 to $15. The committee asked no questions, and the bill received a favorable expression on a roll-call vote. The committee then heard Senate Bill 183 from Sen. Matt Nunn, with testimony from Chris Nolan of the American Property Casualty Insurance Association. The bill would require proxy advisers acting for the State Retirement System to act solely in the financial interest of current and future retirees and to avoid political or social considerations in shareholder voting recommendations. Supporters argued it would keep politics out of public pensions and align proxy advice with fiduciary duties; members praised the bill and noted Kentucky could be among the first states to adopt such a model. The committee approved the bill with favorable expression after a roll-call vote. The committee also reviewed administrative regulation 808 KAR 9:10 from the Department of Financial Institutions, with no vote required. It then took up House Bill 413, a PBM rebate pass-through bill, with testimony from Sarah Wood of the Diabetes Patient Advocacy Coalition. She said the bill would require 85% of negotiated drug rebates to be passed through to patients at the point of sale, lowering out-of-pocket costs, especially for high-rebate drugs such as insulin, while still allowing 15% to remain with plans. She cited examples from other states and argued the bill would benefit about 650,000 Kentuckians. Hope McClaflin of Anthem opposed the bill, saying it would reduce employers’ ability to use rebates to lower premiums, could disproportionately favor high-cost brand-name drug users, and could create significant costs for state and fully insured plans. Members asked questions about other states’ pass-through rates and the effect on premiums, but no final action on House Bill 413 was taken in the portion of the meeting provided.
ID

Idaho 2026 Regular Session

Jan 26th, 2026

Transcript Highlights:
  • Representative Price, apologize. Thank you, Mr. Chair.
  • Chairman, Representative Price, that's a great question.
  • The estimated amount needed now is about $14.3 million.
  • Representative Price. Thank you, Mr. Chair.
  • Chairman, Representative Price.
Summary: The committee met jointly with Senate Finance and House Appropriations to review the Idaho Department of Correction budget, beginning with an agency overview from Legislative Services analyst Noah Peterson and then testimony from Director Bree Derrick. Discussion focused on the department’s overall funding mix, declining balances in dedicated funds such as inmate labor and probation/parole receipts, vacancy management, and the impact of the governor’s holdback exemption. Members also asked about software and technology costs, the Hepatitis C Fund, replacement items, and why some positions remain vacant or are held open as a budget strategy. A substantial portion of the meeting covered the department’s major divisions and cost drivers. In state prisons, county/out-of-state placement, community corrections, community-based substance use disorder treatment, and medical services, the analyst and director explained enhancement requests, supplemental needs, and rising operating costs tied to inflation, population growth, and contract rates. Members questioned the inmate labor fund’s decline, the loss of work contracts, the cost and effectiveness of recidivism and transparency software, the Pocatello reentry center, body-worn cameras, RFID and drone detection technology, and the medical contract with Centurion. The department said some cuts were made or planned in response to budget pressure, including reduced spending on Recidivis and other contracts, while body-worn cameras and some public-safety tools were retained. The committee also discussed prison population pressures, county jail and out-of-state placement costs, mandatory minimum sentences, and the use of county jails as overflow. Director Derrick said the department is seeing more admissions than releases and that Idaho’s incarceration rate remains high relative to neighboring states. She also said the department is working to expand county and out-of-state options and to pursue more inmate labor contracts. Several members asked for follow-up information on staffing, contract counts, program impacts, and fund balances. The meeting then moved to the Commission of Pardons and Parole budget, where Director Christine Starr testified that commissioners are part-time but effectively work full-time, are not paid for training or all preparation time, and that turnover remains a concern. No votes were taken; the committee adjourned to resume the next day after work groups.
NH

New Hampshire 2025 Regular Session

House Ways and Means (01/13/2025)

Transcript Highlights:
  • </c><00:11:36.279><c> throughout</c> you the the various estimates throughout you the the various estimates
  • There's no explanation on the estimates of why they're making that estimated payment.
  • There's no explanation on the estimates of why they're making that estimated payment.
  • There's no explanation on the estimates of why they're making that estimated payment.
  • There's no explanation on the estimates of why they're making that estimated payment.
Summary: The committee meeting began with an overview from the Legislative Budget Assistant Office on how Ways and Means will work with agencies and leadership during the budget and revenue-estimating process. Staff explained that the governor’s budget is still being developed, agencies are cautious about going on record early, and the committee will use worksheets and updated fiscal reports to track estimates. The presentation emphasized that the fiscal year 2025 budget status is a point-in-time snapshot and remains fluid because the annual comprehensive financial report has been delayed, which could change the beginning balances for both the general fund and education trust fund. The budget update highlighted that the general fund is currently stronger than originally assumed, while the education trust fund is weaker. The speaker said the general fund began FY25 with a much larger balance than expected, while the education trust fund came in lower due to higher-than-budgeted adequacy spending and weaker business tax performance. Revenue trends showed the general fund slightly ahead year to date, but the education trust fund down significantly. The committee also discussed unbudgeted appropriations, including attorney general litigation, legal settlements, abandoned property claims, adequacy true-ups, and education freedom accounts, as well as the role of lapses and off-budget items in the final balance. Members asked about the delayed liquor commission audit and whether it could affect revenue forecasts. Staff said the delay was mainly caused by the commission’s switch in point-of-sale systems and staffing losses, but did not expect major ongoing reporting issues. They also noted that liquor fund variances are more likely tied to Medicaid expansion costs than to commission operations. The governor’s office was said to be working on possible budget reductions, but no January request to the fiscal committee was expected. Commissioner Lindsay Stepp of the Department of Revenue Administration then presented an overview of state revenue sources, focusing first on the meals and rentals tax. She explained that DRA administers 14 taxes that account for most state revenue, and that meals and rentals tax growth has slowed after strong post-pandemic gains. She described factors affecting the tax, including employment, inflation, fuel and food prices, wages, and weather, and noted that online platforms like Airbnb have improved compliance by collecting and remitting tax on behalf of hosts. Members asked about short-term rental compliance and how DRA identifies unlicensed rentals; Stepp said referrals, anonymous tips, and platform data help enforcement.
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 02/25/26

Taxes

Transcript Highlights:
  • Lori does from the regime. um what did the um revenue estimate um what did the um revenue estimate &gt
  • I just confirmed that with the department that I have the right revenue estimate, and the estimate was
  • So the estimated market value is the value that the assessor sets on a property that represents the price
  • So the estimated market value is the value that the assessor sets on a property that represents the price
  • </c> again are just estimated market value. again are just estimated market value.
Bills: HR1 , HF387
Committee: Senate Taxes
ND

North Dakota 2026 1st Special Session

Tax Reform and Relief Advisory Committee Jun 23rd, 2026 at 10:00 am

Tax Reform and Relief Advisory Committee

Transcript Highlights:
  • The orange line across the top is the price of crude oil, the Bakken price received.
  • It involves some estimates as well with production from stripper wells as well as what the price will
  • wells as well as what the price will be doing. and from stripper wells as well as what the price will
  • I utilized the same pricing assumptions, that same pricing model.
  • Oil price, oil price.
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 01/21/25

Taxes

Transcript Highlights:
  • Wholesale price hikes are still higher than final retail prices.
  • Wholesale price hikes are still higher than final retail prices.
  • Wholesale price hikes are still higher than final retail prices.
  • Wholesale price hikes are still higher than final retail prices.
  • Wholesale price hikes are still higher than final retail prices.
Committee: Senate Taxes
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Feb 5th, 2026 at 01:30 pm

Ways & Means

Transcript Highlights:
  • Based on estimates provided by the Military Department, the agency estimates increased expenditures to
  • We pay the discounted price post-rebate.
  • on the drug, we're paying full price.
  • They get priced out now, and they will be priced out in the future if we don't all pull together, put
  • estimating less than $50,000 and Evergreen estimating greater than $50,000 for signage, key control entry
Committee: Senate Ways & Means
ND
Transcript Highlights:
  • The orange line across the top is the price of crude oil, the Bakken price received.
  • A little more, it involves some estimated production and from stripper wells as well as what the price
  • A little more, I went, it involves some estimated, some estimates as well with production and from stripper
  • wells as well as what the price will be doing.
  • I utilized the same pricing assumptions, that same pricing model.
Summary: The Tax Reform and Relief Advisory Committee met with a quorum, approved the March 17, 2026 minutes, and heard a lengthy update from Tax Commissioner Brian Croshys on property tax relief programs. He reviewed the Homestead Property Tax Credit, Disabled Veteran Credit, and Primary Residence Credit, noting increased relief after House Bill 1158 and House Bill 1176, but also discussing how some households “income adjust out” of eligibility over time. Members asked about indexing income thresholds, expanding eligibility by age alone, simplifying administration, county-level notices, and whether the county and state systems could be streamlined. Croshys said the programs are heavily used, largely administered at the county level, and that the department is still refining compliance and reporting; he also said there were no material findings or overarching concerns in the latest review. The committee agreed more detailed PRC information would likely come back in a September meeting, and the chair announced an afternoon recess for lunch before later reconvening. Shelly Myers then presented the statewide property tax increase report, the zero-growth report, and a statistical report on property values and tax levies by class. She explained how county auditors report levy and valuation data, how increases and decreases are counted, and identified counties and cities with the largest percentage changes in growth or decline. She also summarized recent trends: agricultural values remain relatively flat, while residential, commercial, and centrally assessed values have risen over the last five years; in 2025, residential property accounted for the largest share of statewide property tax levies, followed by commercial, agriculture, and centrally assessed property. Committee members asked about unusual zero-growth figures, the effect of annexation and land-use changes, and whether the 3% levy cap was forcing political subdivisions to use reserves or defer spending. Myers said many counties complied by using reserves, delaying capital projects, or limiting increases, and that some counties had not used their full cap. The committee then moved to the stripper oil extraction tax exemption. Commissioner Croshys reviewed the state’s oil tax structure and estimated the revenue impact of keeping stripper wells exempt from extraction tax while still paying production tax. He said the exemption saves operators hundreds of millions of dollars over a biennium, while the state still collects production tax on those wells. He also discussed projected impacts if the exemption were changed for future wells and noted that future outcomes depend on oil prices, production declines, and technology such as CO2 enhanced oil recovery. Nathan Anderson of the Department of Mineral Resources briefly explained the historical difference between the 35-barrel and 30-barrel thresholds for certain wells, citing differences in completion costs and lateral lengths. The committee then heard from EERC CEO Charles Gorecki, who presented an analysis of oil well life cycles and said most oil is produced before wells reach stripper status, but that refracturing or other reinvestment can significantly extend production and keep wells above the threshold for years.
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Jan 26th, 2026

Transcript Highlights:
  • The bill would move an estimated $120,000 from MTCA accounts to the new account in FY 27, an estimated
  • We cannot simply raise our prices.
  • We cannot simply raise our prices.
  • Based on estimates provided by Washington State Patrol, the agency estimates increased expenditures to
  • Based on estimates provided by Washington State Patrol, the agency estimates increased expenditures to
Summary: The committee began with a work session on aircraft fuel taxes, hearing from WSDOT Aviation about the FAA’s aviation fuel tax rules, Washington’s compliance history, and the potential consequences of noncompliance. WSDOT said the state has collected roughly $210 million in aviation fuel taxes since the federal compliance period began, and that FAA has questioned some of the state’s claimed offsets. Members asked about the federal authority behind the rules, who pays the taxes, and whether Boeing is affected. The committee then moved to public hearing on several bills tied to aviation fuel tax revenue. SB 5989 would redirect a small share of state sales and use tax on aircraft fuel to the aeronautics account and require reporting on airport project funding. Supporters, including port, airport, and pilot groups, said it was a measured step toward FAA compliance and airport investment; the bill’s staff summary said it would reduce general fund revenue and increase DOR costs. SB 5898 would redirect hazardous substance, petroleum products, and oil spill-related taxes on aircraft fuel to the aeronautics account. Supporters said it would bring Washington into compliance and help airports, while Ecology, counties, and ports warned it would significantly reduce MTCA and related environmental funding. SB 6240 would create a new noise and air quality mitigation account funded by a portion of hazardous substance tax revenue; airport and aviation groups opposed it as duplicative or noncompliant with FAA rules, while community and environmental advocates from Sea-Tac area cities supported it as a needed mitigation source. The committee also heard SB 6244, which would extend a hazardous substance tax exemption for certain pesticides used in Washington agriculture through 2038. Agricultural and logistics witnesses supported it as important for food security, storage, and competitiveness, and staff said it would have a small revenue loss and administrative cost. SB 6231, a governor-request bill, would repeal the sales tax exemption for data center refurbishments while keeping the exemption for original server equipment; OFM and local government groups supported it as a revenue-raising budget measure, while data center, labor, and business representatives opposed it, warning of lost investment, jobs, and competitiveness. SB 6228 would repeal the preferential B&O rate for prescription drug resellers; OFM supported it as an outdated preference, but pharmacies, wholesalers, and business groups argued the cost would be passed through to pharmacies, hospitals, insurers, and patients and could worsen pharmacy closures. The committee then heard SB 6220, which would narrow and clarify a property tax exemption for nonprofit low-income homeownership property by allowing temporary community use and preserving the exemption when property is transferred to another exempt nonprofit. The sponsor said the bill was intended to let a community land trust host local performances without jeopardizing affordable housing plans. Finally, the committee heard SB 5880, which would allow blood and breath toxicology results to be admissible if tested by ISO/IEC 17025-certified labs, in addition to the state toxicologist process. Seattle’s city attorney supported it as a way to reduce a long toxicology backlog and speed DUI cases, while counties raised concerns about shifting costs to local governments and creating unequal access based on local resources. No votes were taken in the transcript provided.
TX
Transcript Highlights:
  • So the estimates for right-of-way, the estimates for... **Mr.
  • The estimates for right-of-way, the estimates for the number of miles, they include a 20% accommodation
  • The estimates for right-of-way, the estimates for the number of miles, include a 20% contingency for
  • The price goes down, so the 765 plan is scalable. The price goes down, and so...
  • And the price of...
AL

Alabama 2025 Regular Session

Alabama Senate Finance and Taxation General Fund Committee Apr 16th, 2025

Finance and Taxation General Fund

Transcript Highlights:
  • pricing strategies to lower product prices.
  • The idea that a pricing strategy would The idea that a pricing strategy would attract youth is preposterous
  • Tom Price. a letter from HHS Secretary Dr.
  • The estimates that we've had, you know, beginning of the session, we have estimates from the LSA and
  • It gives us estimates of the anticipated revenue for next year.
Bills: SB282 , SB300 , HB72 , HB396 , SB282 , SB300 , HB72 , HB396
CA

California 2025-2026 Regular Session

Senate Environmental Quality Committee Mar 18th, 2026

Environmental Quality

Transcript Highlights:
  • Gas prices continue to climb.
  • In visual number one, poster Model 3, California gasoline prices estimate include regulatory cost.
  • In visual number one, poster Model 3, California gasoline prices estimate include regulatory cost.
  • In visual number two, the poster shows possible California gasoline price estimates.
  • For prices. Increases in gas prices.
Summary: The committee first heard SB 872 by Senator McNerney, which would dedicate $150 million annually each for Central Valley subsidence repairs and Delta levee improvements. The author and supporters, including Restore the Delta and State Water Contractors, described the bill as an urgent, bipartisan effort to protect State Water Project conveyance serving 27 million people, prevent levee failure, and safeguard billions in state assets. Support came from a broad coalition of water agencies, labor, environmental groups, and local governments; there was no opposition testimony. Because the committee was operating without a quorum at the time, the bill was heard as a subcommittee item and no final vote was taken then. The committee then took up SB 981 by Senator Niello, which would require CARB to include cost-of-living impacts in its existing economic analysis for major regulations. The author argued the bill would improve transparency by showing effects on gasoline, electricity, food, housing, and business costs, while supporters from agriculture, manufacturing, business, propane, and restaurant interests said it would help lawmakers understand affordability impacts. Opponents, including the Coalition for Clean Air and the Union of Concerned Scientists, argued it would add red tape, delay rulemaking, and require CARB to make speculative predictions. The chair and other members expressed concern that the bill was redundant, burdensome, and too narrow because it singled out CARB rather than addressing affordability across state government; no vote was taken in the excerpt. SB 887 by Senator Padilla would require large data center projects to undergo CEQA review, but offer streamlined treatment for projects meeting strong environmental, labor, and community-benefit standards. Supporters, including TURN, IBEW Local 569, and several environmental and local-government groups, said the bill would protect communities from high energy and water use, cost shifting, and pollution while still allowing responsible development. Opponents from the Data Center Coalition, Silicon Valley Leadership Group, Bay Area Council, and others argued the standards were overly prescriptive, potentially unattainable, and would drive investment out of California. After a quorum was established, the committee voted 3-1 to pass SB 887 as amended to the Senate Energy, Utilities and Communications Committee, with the bill kept on call. Finally, SB 1008 by Senator Ochoa Bog would renew the CEQA exemption for California Public Utilities Commission-ordered closure of at-grade rail crossings, which had expired at the start of 2025. Union Pacific and other supporters said the measure would restore a long-standing safety tool and help eliminate redundant crossings more quickly. With no opposition testimony, the committee approved the bill unanimously, 4-0, and kept it on call.
WA

Washington 2025-2026 Regular Session

Pension Funding Council Oct 8th, 2025

Pension Funding Council

Transcript Highlights:
  • These estimated rate impacts, applied to the estimated projected salaries, are the basis of the budget
  • And what does that mean for a change in prices?
  • Generally, the prices are, you know, there's actually people who look out and measure how prices change
  • The weights or the price changes are different.
  • I think the OSA study has estimates of U.S.
Summary: The Pension Funding Council met on October 8 with introductions from council members and staff, then received a detailed presentation from the Office of the State Actuary on long-term economic assumptions and the state pension systems’ financial condition. OSA reported that the combined pension systems are currently 100% funded on a smoothed basis, with open plans above 95% funded, and that legacy Plan 1 systems remain on a path toward full funding under current policy. The actuaries recommended updating assumptions to 3% inflation, 3.5% general salary growth, and a 7.25% investment return, while keeping Plan 1 membership growth at 1%. They also explained asset smoothing, the role of recent strong investment returns, and the expected budget impacts of the recommended changes. Representatives from the Economic and Revenue Forecast Council and the State Investment Board offered supporting perspectives, generally describing the assumptions as reasonable and consistent with their own outlooks. The council also heard an overview of the Long-Term Services and Supports Trust Program (WACares) from DSHS and OSA. Program staff described the program’s social insurance structure, premium collection, benefit eligibility, and upcoming implementation milestones. OSA reported that the program’s first actuarial valuation showed a positive actuarial balance under the base scenario and recommended no change to the current 0.58% premium rate during the program’s early learning phase, noting that future changes would depend on experience and the program’s risk-management framework. OSA also said the recommendation would remain the same regardless of the outcome of the pending ballot measure affecting investment options. During public comment, a representative of the Washington State School Retirees Association urged continued work on Plan 1 funding and related legislation, while the Association of Washington Cities cautioned against increasing pension assumptions in a way that could raise future employer costs and reduce flexibility for current local government services. In action, the council adopted a motion to maintain the current long-term economic assumptions by a 4-2 vote, adopted the recommendation to keep the WACares premium rate at 0.58% by a 6-0 vote, and then elected Katie Chapman as council chair by unanimous vote. The meeting then adjourned.
CA
Transcript Highlights:
  • And when the prices spiked a few years ago, we blamed price gouging... ...after year, and when the prices
  • spiked a few years ago, we blamed price gouging.
  • My constituents are paying the price. Let me be very clear here.
  • In 2022, we had very high price spikes, both in '22 and '23.
  • That impacts prices at the pump.
Summary: The Senate Environmental Quality Committee held an informational hearing on the environmental impacts and policy considerations surrounding refinery closures. Chair Blakespear framed the hearing as part of California’s broader transition away from fossil fuels, emphasizing the need for proactive planning so communities, workers, and local governments are not caught off guard. Vice Chair Gunda argued that the state has long signaled a future away from oil, while also warning that closures can create supply instability, higher prices, and infrastructure stress if not managed carefully. Senators also raised concerns about consumer costs, supply reliability, the role of imports, and whether California’s climate policies are contributing to refinery disinvestment. The first panel included the California Energy Commission, CARB, and the State Water Resources Control Board. Gunda described California as being in a “mid-transition,” with gasoline demand gradually declining, zero-emission vehicle adoption rising, and refinery capacity shrinking through both conversions to renewable fuels and outright closures. He said the state needs a coordinated strategy that balances near-term supply stability with long-term decarbonization, and noted that refinery closures can shift liabilities onto pipelines, terminals, and potentially the state. CARB’s Matthew Boutill said the agency’s focus is reducing air pollution and greenhouse gases, and that state policies are already driving billions in annual investment in alternative fuels, EV infrastructure, and refinery conversions. Water Board representative Annalisa Kihara explained the cleanup authorities used at refinery sites, including investigation, remediation, and enforcement tools, and said decommissioning often reveals previously inaccessible contamination and may require new monitoring wells and additional site assessment. Committee members pressed the panel on whether the state has enough information to plan for land reuse and cleanup costs, whether current tools are adequate, and whether more legislative direction is needed. Gunda said there are still gaps in information and transparency, especially around liability and long-term community planning. Kihara said the Water Boards can require more data, cleanup, and timelines, but that refinery remediation is highly site-specific and can take tens to hundreds of millions of dollars. Senators Menjivar, Stern, and Hurtado questioned demand trends, the pace of refinery closures versus demand decline, the role of imports and the Jones Act, and whether California should consider options such as state ownership or broader ecosystem planning. The panel generally agreed that closures are likely to continue and that the state should plan proactively rather than reactively. A second panel presented recent research on refinery closures. Emily Grubert said closure costs and remediation obligations are often underestimated and that California should better define end-of-life obligations and financial assurance requirements. Tham Herschbach outlined five drivers of refinery closures: declining California crude production, falling in-state gasoline demand, the shift toward renewable diesel and other alternative fuels, global refinery consolidation, and the growing availability of imported gasoline. Anne Alexander focused on community impacts, using the Phillips 66 Los Angeles refinery closure as a case study, and said refinery sites are often heavily contaminated, cleanup can take a decade or more, and communities are often left without clear information because refineries have little end-of-life planning or financial assurance requirements. No votes or formal actions were taken at the informational hearing.
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Jan 22nd, 2026

Transcript Highlights:
  • At retail, the price of that box jumps from $226 to $418, a price increase of $192 for Washington consumers
  • The price of beef has risen by 16%. Coffee prices are up 19%. Lettuce prices are going up 7%.
  • We keep talking about raising the prices, raising the prices.
  • We keep talking about raising the prices, raising the prices.
  • We want to raise prices on cigarettes for youth.
Summary: The committee held a public hearing on several tax and retirement bills, beginning with Senate Bill 6073, which would move eligible Department of Natural Resources wildland and aviation firefighters from PERS into LEOFF 2 prospectively. Committee staff described the higher retirement age and benefit differences between the systems and noted a small implementation cost and a modest actuarial rate increase. DNR, the Washington Public Employees Association, and a committee member all raised support or questions, with DNR acknowledging additional review with the LEOFF board was still needed. The hearing then turned to Senate Bill 6113, a Department of Revenue request bill making technical and administrative changes to the tax code, including clarifications tied to last session’s ESSB 5814 service-tax changes, a six-month transition period for reclassified businesses, and a section affecting advertising-related exclusions. DOR said the bill was revenue neutral and intended to codify guidance and improve certainty, while school districts, arts groups, broadcasters, newspapers, and business groups testified both in support of the technical fixes and in opposition to provisions they said would continue or worsen unintended consequences from last year’s tax law. Senators also questioned how some definitions would apply, especially to school and higher-education-related services. Senate Bill 6116 would restore the vapor-products tax structure by moving nicotine-containing vapor products back under the per-milliliter vapor tax instead of the 95% other tobacco products tax, and would restore distributions to the Andy Hill Cancer Research account and Foundational Public Health Services account. Public health agencies, cancer research representatives, and some retailers supported the bill as a fix to funding disruptions, while tobacco-control groups opposed lowering the tax and argued it would weaken public health policy. The committee also heard that the current law creates a double-tax issue on pre-existing inventory because products held when the definition changed became subject to a new tax classification. Finally, Senate Bill 6129 proposed a broader nicotine-tax overhaul, including a 90% tax on nicotine products, a 10% tax on flavored nicotine products, higher cigarette taxes, and new revenue distributions and tribal compact provisions. Supporters, including public health organizations, pediatricians, and civil rights advocates, said higher taxes would reduce youth use and restore funding for cancer research and public health; opponents, including retailers, tobacco and vapor businesses, broadcasters, and some harm-reduction advocates, argued the bill was regressive, would fuel illicit markets, and would harm small businesses and adult consumers using lower-risk products. The committee then began a briefing on Senate Bill 6162, a property tax reform bill that would expand senior and disability property tax relief, adjust state property tax rates, and change property tax billing statements, but the hearing on that bill was not completed in the portion provided.