Video & Transcript Research : 'volume cap'
Page 137 of 369
TX
Transcript Highlights:
- only the ends that matter, but also the means, that how we go about fulfilling our purposes speaks volumes
- multi-awards are another tool in the toolbox to increase flexibility and help mitigate risk in high-volume
Bills:
HB2293, HB2694, HB2999, HB3694, HB3254, HB4662, HB5629, HB5632, HB5675, HB5664, HB5671, HB5680, HB5682, HB5693, HB4158, HB5695, HB4669, HB5696, HB5698, HB5677, HB5699, HB5694, HCR81, HCR83, HCR84, HCR89, HCR111, HCR142, HR868, SB682, SB1351, SB1895, SB1931, SB2141, SB3044, SCR1, SCR6, SCR37, SB458, SB482, SB927, SB984, SB651, SB1620, SB2124, SB2448, SB841, SB843, SB402, SB2662, SB2053, SB2332, SB2112, SB745, SB1247, SB1789, HB75, HB5354, HB4683, HB4847, HB1449, HB3833, HB265, HB1845, HB 108, HB1960, HB1955, HB2512, HB2581, HB2803, HB1738, HB636, HB2638, HB2655, HB871, HB 1107, HB1765, HB1822, HB3679, HB4099, HB3732, HB3171, HB3749, HB2814, HB3977, HB4204, HB4207, HB4449, HB1820, HB1876, HB1939, HB1347, HB2593, HB2136, HB2658, HB2757, HB2080, HB3063, HB3006, HB2844, HB3241, HB3680, HB3169, HB2078, HB2507, HB4559, HB3405, HB475, HB3463, HB3441, HB3520, HB3178, HB158, HB2060, HB4991, HB1991, HB5596, HB2014, HB2731, HB2417, HB2399, HB2301, HB3335, HB3234, HB3320, HB4848, HB4748, HB4769, HB4795, HB2086, HB2234, HB4916, HB5624, HB4505, HB5093, HB5302, HB5402, HB5606, HB4630, HB4924, HB3339, HB3793, HB3631, HB4882, HB5509, HB5499, HB5520, SB1177, SB1559, SB746, SB434, SB1383, SB1214, SB1079, SB3031, SB2141, SB2185, SB1895, SB1241, SB901, SB1883, SB552, HB 1249, HJR218, HB5623, SB687, SB1332, SB458, SB482, SB927, SB984, SB651, SB1620, SB2124, SB2448, SB841, SB843, SB402, SB2662, SB2053, SB2332, SB2112, SB745, SB1247, SB1789, HCR76, HCR127, HCR9, HCR40, HCR118, HR559, HCR59, HCR135, HCR141, HCR46, HCR109, HCR10, SB3037
Keywords:
Sweeny Hospital District, board of directors, local governance, elections, healthcare administration, Brazoria Drainage District, commissioners, vacancies, resignation, hydrogen vehicles, weight limitations, transportation, environmental impact, clean energy, deep fake, intimate depictions, consent, digital media, criminal penalties, State Board of Education
TX
Transcript Highlights:
- And so as you can imagine, that more scale brings more volume, hopefully brings down more pricing.
- It's very taxing on us, and we basically can't keep up with the volume of the signs that are being put
Bills:
HB341, HB791, HB1564, HB1695, HB1722, HB1729, HB1772, HB2003, HB2954, HB2989, HB3084, HB3134, HB3135, HB3309, HB3611, HB3679, HB3727, HB3832
Keywords:
affordable housing, zoning, development, community support, local regulations, bicycle lanes, traffic collisions, Texas Department of Transportation, study, public safety, bicycles, electric bicycles, scooters, road safety, transportation study, HB 791, Central Catholic High School, San Antonio, specialty license plate, specialty plates
FL
Florida 2025 Regular Session
December 3, 2025 - 11:00 AM
Transcript Highlights:
- HERE'S WHAT THE BILL PROPOSES: IT RAISES THE CAP ON SOVEREIGN IMMUNITY TO $500,000 PER PERSON AND $1
- AGAINST A PRIVATE ONE AND GIVES GOVERNMENT ENTITIES THE OPTIONS TO SETTLE LEGITIMATE CLAIMS ABOVE THE CAP
- GOD BLESSED THEM, BUT THERE'S ENOUGH MONEY FOR THE CAP TO GO UP TOO.
- WE KNOW IF THE INCREASING CAPS GO IN WE WILL SEE AN INCREASE IN THE NUMBER OF CASES.
- WHEN YOU TALK ABOUT INCREASING CAPS, THE MONEY YOU ARE TALKING ABOUT IS YOUR MONEY TOO.
MN
Minnesota 2025-2026 Regular Session
House Fraud Prevention and State Agency Oversight Policy Committee 4/28/26
Fraud Prevention and State Agency Oversight Policy
Transcript Highlights:
- C-CAP for less than $100,000 a year. C-CAP for less than $100,000 a year.
- cases involving centers billing C-CAP cases involving centers billing C-CAP over<00:37:18.800>
of 2019, there's only been two C-CAP of 2019, there's only been two C-CAP cases<01:08:23.880> - So, members, um, I did a FOIA request. um boom, start billing C-CAP again. um boom, start billing C-CAP
- unique<01:19:48.720>
C-CAP unique C-CAP unique C-CAP children<01:19:50.680>served.
MN
Minnesota 2025-2026 Regular Session
Committee on Jobs and Economic Development - 03/18/26
Jobs and Economic Development
Transcript Highlights:
- senators have CAP program in their district.
- senators have CAP program in their district.
- Had the CAP program all over our counties and um most of the senators have CAP program in their district
- CAP-HC was a recipient of the Getting to Work grant in 2024 to 25.
- CAP-HC was a recipient of the Getting to Work grant in 2024 to 25.
LA
Transcript Highlights:
- It keeps it the same that it is currently for P&C companies, which is capped at 50%.
- And then it separates out life insurers to a cap of 20%.
- And when I say cap, I mean an overall investment limit for their asset portfolio.
- And then it separates out life insurers to a cap of 20%.
- And when I say cap, I mean an overall investment limit for their asset portfolio.
Summary:
The House Insurance Committee met on April 15 and first took up HB 909, which would require commercial health insurers to cover behavioral health crisis services. Rep. Spell said the bill is intended to support Louisiana’s crisis response system, reduce pressure on emergency rooms and law enforcement, and help providers sustain crisis centers. The committee adopted a technical amendment and then a substantive amendment allowing insurers to require documentation of the crisis, medical necessity, and follow-up plan. Dr. Holly Howitt of the Office of Behavioral Health testified in support, saying commercial coverage would help build a more robust crisis system. The bill was reported as amended.
The committee then approved HB 1151, which adjusts insurer investment rules by setting equity-interest limits, including a lower cap for life insurers, to help preserve solvency; Rep. Bagley asked about the effect on profits and was told the bill is meant to add guardrails rather than expand risk. HB 1154, dealing with prior authorization for certain generic medications, was also reported as amended after technical changes and a substantive amendment excluding opioids and setting a $250 wholesale acquisition cost threshold; the Louisiana Dermatological Society supported the bill, saying it would reduce unnecessary delays in treatment.
HB 869, which would require coverage for injectable drugs used for glucose control or weight loss, drew extensive debate over cost, access, and long-term savings. Several members questioned the fiscal impact and whether the bill should be narrowed or studied further. Rep. Lyons said the measure is meant to provide some coverage, not necessarily full coverage, and Rep. Jordan proposed a 25% coverage amendment, but the committee declined to take up that substantive amendment that day. On motion, HB 869 was voluntarily deferred to the next meeting.
Later, the committee reported HB 1196 favorably, clarifying that screening colonoscopies remain classified as screening even if a polyp is found and for follow-up screenings recommended later. HB 1176, correcting an earlier omission so Medicare Advantage plans cover integrative cancer care services, was also reported favorably. HB 771, concerning Medicare as secondary payer for certain reemployed retirees, was voluntarily deferred after testimony from Office of Group Benefits and the Department of Insurance that federal law controls coordination of benefits. HB 751, on term life insurance disclosures, was also voluntarily deferred by the author for further work. Representative Jordan also moved to defer HB 920 and HB 1199 to the following week.
LA
Transcript Highlights:
- It keeps it the same that it is currently for P&C companies, which is capped at 50%.
- And then it separates out life insurers to a cap of 20%.
- And when I say cap, I mean an overall investment limit for their asset portfolio.
- And then it separates out life insurers to a cap of 20%.
- And when I say cap, I mean an overall investment limit for their asset portfolio.
Summary:
The House Insurance Committee met on April 15 and first considered HB 909, which would require commercial health insurance coverage for behavioral health crisis services. Representative Spell and Office of Behavioral Health interim assistant secretary Dr. Holly Howitt described the Louisiana crisis response system, the goal of reducing emergency room and 911 use, and the need to expand provider participation beyond Medicaid. A technical amendment and a stakeholder-driven amendment allowing insurers to require documentation of crisis, medical necessity, and follow-up plan were adopted, and the bill was reported as amended with support cards from several health care and local government entities.
The committee then advanced HB 1151, which changes investment limits for domestic insurers, especially life insurers, by capping equity holdings and aligning the rules with solvency concerns. After questions about whether the bill would increase profits at consumers’ expense, the author and Department of Insurance staff explained it was intended to provide guardrails and keep insurers solvent; the bill was reported favorably. HB 1154, dealing with prior authorization for certain generic medications, also received technical and substantive amendments. The bill would generally eliminate prior authorization for non-opioid generics, with a $250 wholesale acquisition cost cap and physician-specialty exceptions; it was reported as amended after support testimony from the Louisiana Dermatological Society and other health groups.
HB 869, which sought coverage for injectable drugs used for glucose control or weight loss, prompted extended debate over cost, obesity, and long-term savings. Several members raised concerns about premium increases and the large fiscal note, while the author argued the bill was preventive and could save money over time. Representative Jordan proposed a 25% coverage amendment, but the committee declined to take up the substantive amendment that day, and the bill was voluntarily deferred to the next meeting. Later, the committee reported HB 1196 favorably, clarifying that screening colonoscopies remain screening even if polyps are found, and HB 1176 favorably, restoring Medicare Advantage coverage for certain integrative cancer care services.
The committee also heard HB 771, which would have changed Medicare coordination rules for retirees who return to state employment, but staff explained the issue is governed by federal CMS rules and preemption concerns; the bill was voluntarily deferred so the author could review the governing law. HB 751, dealing with term life insurance disclosures, was likewise voluntarily deferred after the author said more work was needed and noted concerns about existing law and consumer understanding. At the end of the meeting, the committee also deferred HB 920 and HB 1199 to the following week and briefly stood at ease before moving on to other business.
OK
Oklahoma 2026 Regular Session
Banking, Financial Services and Pensions Feb 10th, 2026 at 03:00 pm
Banking, Financial Services and Pensions
Transcript Highlights:
- Members, last year we ran a piece of legislation that capped the surcharge at 2% on the customer for
- So the cap is only what they're being charged by the credit card company.
- The cap is at 2% or whatever they're being charged by the credit card company, whichever is higher.
- It would be to raise the cap so it'll be the actual charge, not greater than a cap.
- I mean, if we want to put a cap on that, you know, like I said, I'm willing to do that, but the whole
Keywords:
credit card transactions, payment methods, service charge, consumer rights, financial regulation, public finance, pension, pension fund, retirement system, board of trustees, proxy voting, proxy proposal, shareholder vote, shareholder activism, fiduciary duty, pecuniary factors, nonpecuniary factors, ESG, environmental social governance, social goals
NH
New Hampshire 2026 Regular Session
House Municipal and County Government (01/27/2026)
Municipal and County Government
Transcript Highlights:
- They just have to prepare a recommendation that meets the cap. >> Yep.
- included in the spending under the cap. included in the spending under the cap.
- . cap. cap.
- And so the FACTS could decide that a budget cap was advisable as part of the mission or a tax cap or
- And so the FACTS could decide that a budget cap was advisable as part of the mission or a tax cap or
MA
Massachusetts 2025-2026 Regular Session
Public Health Effects of Xylazine Jun 21st, 2026 at 10:00 am
Transcript Highlights:
- Sort of additives that are more for volume and weight than for their active properties.
Summary:
The Special Commission on the Public Health Effects of Xylazine held its fifth and final public meeting to review and approve the final draft of its report before submission to the House and Senate clerks. Chair Mindy Domb opened the meeting, noted Senator John Keenan’s absence due to National Guard deployment, approved the prior meeting minutes, and explained the process for incorporating final edits and late votes into appendices. Commissioners then voted to allow staff to make agreed-upon language changes after the meeting, and later voted on the final report itself.
Staff walked commissioners through the report’s redlines and substantive updates. Changes included clarifying that xylazine is an active adulterant rather than simply a bulking agent, replacing “non-clinician” with “non-clinical staff,” removing or revising references to “hotspots” in favor of more accurate language about local trends, and refining language on wound care to refer to medical consequences and financial costs. The report also added or strengthened discussion of harm reduction measures such as drug checking, mobile health services, overdose prevention centers, oxygenation and airway support during overdose response, and the importance of naloxone remaining available while recognizing its limits for xylazine exposure. Commissioners also discussed data collection, legal protections for drug checking, and the role of the Attorney General in guidance and coordination on emerging drug threats.
The commission then took a final vote, with the members present voting to approve the report. A letter from Senator Velis, who was also absent due to active duty orders, was read into the record expressing support for the report and its recommendations. In closing comments, commissioners and staff thanked one another for the collaborative work and described the report as a useful public health resource. Chair Domb adjourned the meeting at 11:11 a.m., noting that the final report would be submitted and posted online for public access.
CA
California 2025-2026 Regular Session
Assembly Appropriations Committee May 13th, 2026
Transcript Highlights:
- HCD and TECAC monitor compliance through periodic sample audits, and the volume of that monitoring is
Summary:
The Assembly Appropriations Committee met on May 13, 2026, and began by taking up a large consent calendar, moving a first group of bills to the floor consent calendar and a second group by due pass. The committee then heard and advanced a series of measures covering housing, public safety, health care, education, and local government issues. Among the bills discussed were AB 2641 on a sales tax exemption for pawnbroker redemptions, AB 2525 on a narrow Surplus Lands Act exemption for Mission Bay Park, AB 1732 and AB 2433 on student housing and the Affordable Homes Bonus Law, AB 2055 on boating safety and enforcement, AB 1579 on children’s crisis residential services, AB 2139 on a Surplus Lands Act amendment for an Inland Empire soccer project, AB 2041 on EMS reporting, AB 1973 on reproductive health scope for advanced practice clinicians, AB 1929 on health plan investment disclosures, AB 2700 on utility rates and wildfire victim compensation, AB 1809 on school job order contracting, SB 73 on election security, AB 2418 on commercial building permit timelines, AB 1970 on step therapy limits for serious mental illness and substance use treatment, AB 2361 on peer-to-peer vehicle-sharing liability, AB 1976 on bike and pedestrian project approvals, AB 2110 on tax increment financing for workforce housing, and AB 2146 on supportive housing documentation and vacancy rules.
Testimony was generally supportive for the measures heard. Authors and sponsors emphasized consumer fairness, housing production, public safety, access to care, and administrative streamlining. Supporters included local governments, housing advocates, school districts, law enforcement groups, health care organizations, and affected individuals. AB 2700 drew especially extensive public testimony from wildfire survivors and local officials who urged stronger compensation for victims of PG&E-caused fires and relief from high utility costs. AB 2034 and AB 1790 were raised during public comment on bills not heard in committee, with several industry groups opposing AB 2034 and both supporters and opponents speaking on AB 1790’s Waters Edge issue.
Most bills were reported out of committee on due pass motions, with several noted as amended or with members not voting on particular roll calls. The committee also read and approved a lengthy suspense calendar, then opened public comment on bills not presented that day before adjourning.
LA
Louisiana 2026 Regular Session
Joint Legislative Committee on the Budget Apr 22nd, 2026
Transcript Highlights:
- I don't know what the volume in Missouri is, so I can't determine whether their per-kid amount is comparable
Summary:
The committee first adopted the fiscal status statement and five-year baseline summary after a brief discussion about how the baseline percentages are calculated and why projected expenditures exceed revenues in later years, with staff explaining that inflation assumptions drive much of the increase. The Office of Facility Planning and Control then received approval for several items: adding eight higher education deferred maintenance projects, approving a $412,993 change order for LSU’s Jesse Coates Building project, reporting four smaller change orders for information, and combining two Hornbeck water projects into one expanded water plant/well and distribution plan. The committee also approved a two-year extension for UL Lafayette’s Banner ERP consulting contract and approved additional Water Sector Commission funding of $5.5 million for the Tensas Water District Association, with a $100,000 local commitment noted.
The most extensive discussion centered on a proposed tax increment financing package for a new 1,000-room Omni headquarters hotel adjacent to the New Orleans Convention Center. Project representatives said the hotel would require about $550 million in private investment, with the authority contributing land and $80 million, and that the package would dedicate state and local tax increments for 45 years after opening. Senators and representatives questioned the structure, the length of the incentive, the expected return to the state, possible cannibalization of existing hotel tax revenue, and why the convention center would receive a 1% stream for so long. Several members said they wanted more information on projected annual revenues and the overall return before voting, and the committee deferred the item to the next month.
Later, Louisiana Economic Development requested one-year extensions for two marketing-related contracts with Zender Communications and Graham Group, and the Department of Education sought an amendment to the Odyssey contract for the Louisiana Gator program. The education discussion focused on the per-student cost of $143.50, the use of current enrollment and appropriation levels to set the contract ceiling, the fact that startup costs were no longer included, and the need for continuity before the current contract expires June 30. Members asked for an RFP to be considered for future years and for more information on student outcomes and actual spending. The committee took no vote on the education item during the discussion, and the meeting adjourned after the final exchanges.
MN
Minnesota 2025-2026 Regular Session
Water appropriation evaluations for data centers, HF4153 3/26/26
Minnesota House Floor Meeting
FL
Florida 2026 4th Special Session
February 12, 2026 - 09:15 AM
Transcript Highlights:
- The volume of work that you have done in this committee is to be commended.
FL
Florida 2026 Regular Session
Appropriations Committee on Health and Human Services Feb 12th, 2026
Appropriations Committee on Health and Human Services
Transcript Highlights:
- That speaks volumes about the balanced nature of this bill and the broad agreement that transparency
Keywords:
child welfare, negligence, settlement, injury compensation, Department of Children and Families, nursing title, advanced practice registered nurse, advertising, professional standards, disciplinary action, psychotropic medication, community-based care, liability insurance, forensic services, defendants, mental health, judicial system, defense, legal definitions, sickle cell disease
Summary:
The Appropriations Committee on Health and Human Services heard and advanced a series of health, child welfare, aging, disability, and public records bills. CS/SB 1002, on child welfare and parental substance abuse, was described as clarifying that acute or chronic parental drug abuse can constitute harm or neglect when it creates an ongoing risk to a child; it passed after limited questions and supportive testimony from Florida Smart Justice Alliance. CS/SB 1630, a broad aging and long-term care modernization bill, would streamline eligibility screenings, allow temporary DOEA services during emergencies or lead agency failures, tighten oversight of area agencies on aging, permanently establish the Florida Alzheimer’s Care Center of Excellence, and expand guardianship training and enforcement tools; it drew support from AARP, area agencies, and the Alzheimer’s Association and was reported favorably. The committee also approved SB 1022 to add Bay County and Pompano to the Florida Children’s Initiatives, and CS/SB 1030, via strike-all amendment, to streamline regulation of substance abuse and behavioral health providers and clarify background screening and privacy rules.
Several bills focused on health care practice and patient access. CS/SB 36, with an amendment, allows nurses with doctoral degrees to use appropriate titles while requiring clear identification as nurses and making misuse grounds for discipline; nursing organizations supported it and it passed. CS/SB 844 requires physicians and nurses to complete a one-time, board-approved continuing education course on sickle cell disease care management, with multiple patients and advocates testifying about delayed care, bias, and the need for better provider education; the bill was reported favorably after an amendment aligning it with the House version. CS/SB 560 streamlines procedures for psychotropic medication for children in DCF custody by reducing duplicative reports, clarifying evaluator qualifications, limiting repeated background checks, and simplifying consent documentation; an amendment removed postsecondary education language, and the bill passed. The committee also approved a public records exemption bill for a uterine fibroids research database (CS/SB 864).
The committee also advanced measures affecting disability services and forensic care. SB 6, a claims bill, would pay $3.8 million to a trust for a child who suffered severe abuse-related injuries after DCF involvement; it passed without opposition. SB 778 updates the definition of forensic clients so certain individuals with intellectual disabilities or autism found incompetent to proceed can be housed in the same secure forensic setting, reducing duplicative staffing and space needs; it was reported favorably. CS/SB 1016 codifies the Working People with Disabilities Program, allowing eligible developmentally disabled adults to work while retaining Medicaid waiver benefits and requiring notice to enrollees; advocates described the bill as essential to employment and independence, and it passed. Throughout the meeting, most bills received supportive public testimony, few questions, and unanimous or near-unanimous favorable votes.
NM
New Mexico 2026 Regular Session
House - Labor, Veterans and Military Affairs Feb 5th, 2026 at 02:57 pm
Transcript Highlights:
- cannot see these patterns happening around you, then you won't realize that it's happening to you at volume
Summary:
The House Labor, Veterans and Military Affairs Committee began by rolling House Bill 132 at the sponsor’s request because amendment language was still being worked on. The committee then proceeded without quorum as a subcommittee until additional members arrived. House Bill 285, as amended, was heard first. The bill was described as a cleanup measure to clarify New Mexico’s disabled veterans property tax exemption, including that it applies to a veteran’s primary residence and how it works for properties with multiple owners. Testimony from New Mexico counties, the Tax and Revenue Department, and the Department of Veterans Services supported the bill, saying it would reduce confusion for assessors and help veterans access the exemption. One member raised broader concerns about housing insecurity among unhoused and renting veterans and asked for interim data on how many veterans would actually benefit, but the committee noted those issues were outside the bill’s scope. The committee adopted the amendment and then passed HB 285 as amended with a do pass recommendation.
The committee then heard House Bill 128, which updates the state’s occupational disease and disablement law for firefighters by expanding the list of covered cancers and related conditions, aligning the state law with newer research and recent federal changes, and standardizing the employment period to five years. The sponsor and supporters said the bill reflects current science, removes outdated age limits for some cancers, and makes it easier for firefighters to receive workers’ compensation without having to prove causation case by case. Firefighters and union representatives gave emotional testimony about personal cancer diagnoses and the burden of fighting insurers while undergoing treatment. The Workers’ Compensation Administration, labor groups, and trial lawyers all supported the measure. Committee members asked about the federal model, the five-year threshold, the impact on rural jurisdictions, and why women’s cancers were not previously included; witnesses explained that the changes reflect updated data and the underrepresentation of women in the fire service. Dr. Dan Wu, speaking online, said firefighter cancer is an epidemic and argued the science supports the bill. The committee then adopted the motion and passed HB 128 with a do pass recommendation before adjourning.
OK
Oklahoma 2026 Regular Session
Appr/Sub-OMES REVISED Jan 21st, 2026 at 09:30 am
FL
Florida 2026 4th Special Session
January 21, 2026 - 04:00 PM
Transcript Highlights:
- TAKE ONLY NATIONS THAT HAVE AT LEAST 60% OF GDP TO THE UNITED STATES AND THAT IS ADJUSTED BASED ON VOLUME
WV
West Virginia 2026 Regular Session
WV Senate Workforce Committee in Session Jan 19th, 2026 at 12:59 pm
Transcript Highlights:
- I didn't bring in the volumes of regulations that have to be maintained, and the stress that comes with
Summary:
The committee met with a quorum present and heard a presentation from Marty Wright, CEO of the West Virginia Healthcare Association, on the state’s long-term care system. He described the continuum from home care to assisted living to skilled nursing facilities, emphasizing that these settings increasingly serve short-term rehab-to-home patients as well as older adults needing round-the-clock care. He also outlined the number of facilities in West Virginia, the predominance of Medicaid as the payer for long-term nursing home care, the private-pay nature of assisted living, and the role of OFAC/CMS in regulation.
A major focus of the presentation was workforce shortages and turnover, especially for CNAs, LPNs, and RNs, along with declining interest in nursing careers and the impact of regulatory burden and burnout. Wright said the system is also struggling to serve younger patients with substance use disorder, mental illness, or other behavioral needs, who are often not well suited for traditional nursing home placement but have limited alternatives. Senators raised concerns about where such patients are being housed, the long-term effects of opioid and behavioral health issues, and the gap between school-age special needs populations and adult care needs.
Wright said Medicaid can cover long-term nursing home care for those who meet financial and medical eligibility requirements, but affordability and spend-down requirements remain major barriers. He also warned that Medicare Advantage can create confusion and shorter covered stays for rehab patients, and he urged early planning around long-term care insurance and estate planning. No votes were taken on the presentation, and the committee adjourned after questions and discussion.
FL