Video & Transcript Research : 'Boot Capital'

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FL

Florida 2025 Regular Session

January 14, 2025 - 09:00 AM

Transcript Highlights:
  • through a loan or venture capital, the state and our private sector partners have these tools to support
  • If they need that really entry-level access to capital through a loan or venture capital, the state and
  • SSBCI, State Small Business Credit Initiative program, another $167 million in small business capital
  • Some of that's venture capital. Those tools do work. They are attractive.
  • Manufacturing requires a lot of capital equipment.
Summary: The Careers and Workforce Subcommittee met for its first meeting of the year, took roll, and heard member introductions centered on the importance of workforce pathways beyond the traditional four-year college route. Members repeatedly emphasized manufacturing, trades, rural workforce needs, apprenticeships, and helping students and adults find multiple paths to good jobs. The chair outlined the subcommittee’s focus on policies that build a skilled workforce and announced the day’s theme would be manufacturing, with presentations from the Florida Department of Commerce, the Florida Semiconductor Institute, and Fleet Force CDL training. Secretary Alex Kelly presented Florida’s manufacturing report, saying manufacturing is a major economic driver and that Florida has become the 10th largest state in manufacturing employment. He highlighted strong job multipliers, rapid growth in manufacturing GDP and establishments, the importance of logistics and ports, and the state’s small-business-heavy manufacturing base. He also stressed the aging manufacturing workforce, the need for modern skills such as robotics, cybersecurity, and data analytics, and the role of public-private partnerships, apprenticeships, and workforce education investments in supporting reshoring and industry growth. Dr. David Arnold described Florida’s semiconductor sector and the Florida Semiconductor Institute’s mission to grow research, workforce, and ecosystem development. He said semiconductors are strategically important, Florida ranks fifth nationally in semiconductor workforce, and the main bottleneck is mid-level technician talent rather than engineers or entry-level workers. He pointed to NeoCity, Valencia College, and other regional partnerships as models, and said the state needs more proactive planning, better instructor capacity, and stronger pathways from K-12 through postsecondary. Evan Agiloff of Fleet Force discussed Florida’s CDL shortage, saying trucking is essential to the supply chain, Florida has about 18,000 open CDL positions, and Fleet Force’s college-based model can quickly move students into middle-class jobs. Members asked about apprenticeships, CTE pathways, semiconductor training, infrastructure needs, and how to expand and better fund workforce programs; no votes were taken.
MN

Minnesota 2025-2026 Regular Session

Committee on Transportation - 01/22/25

Transportation

Transcript Highlights:
  • Vehicle Enforcement and then Capital Vehicle Enforcement and then Capital Security<00:19:33.120>
  • Security which is all for Capital Security which is all general<00:19:37.919> fund<00:19:38.799
  • <00:57:51.640> and Appropriations one is for Capital and Appropriations one is for Capital
  • This money would really focus more on maintenance than actual capital projects.
  • Maintenance, than actual capital projects, as a whole.
Keywords: 1187, senate, all
MO

Missouri 2026 Regular Session

Veterans and Armed Forces Jan 20th, 2026 at 12:00 pm

Veterans and Armed Forces

Transcript Highlights:
  • last year, you know, we heard a lot of testimony about how there needed to be more resources in the capital
  • Just an idea that capitalized senior enlisted leader because it is a title like the adjutant general,
  • Is that part, is that its own separate fund, or is that under the umbrella of the Capital Commission?
  • I read the statute that none of this is capitalized, and I always was under the impression that when
  • it's an official title, you capitalize it, as in the Adjutant General and the sergeant major.
Keywords: 959, house, all
MN
Transcript Highlights:
  • I'm Senator Sandy Pappas, Chair of the Senate Capital Investment Committee.
  • Um, I want to thank Senator Pappas, the chair of our capital investment committee, the committee that
  • Large capital investment bills... markets. We know that people have markets.
  • of us we're all putting out in front of us together.<00:05:24.000> Large<00:05:24.400> capital
  • <00:05:24.720> investment<00:05:25.280> bills Together, large capital investment bills
Keywords: 1187, senate, all
FL

Florida 2025 Regular Session

March 26, 2025 - 11:30 AM

Transcript Highlights:
  • Our next bill for consideration today is HB 653, aggravating factors for capital felonies.
  • Today I'm presenting House Bill 653, aggravating factors for capital felonies.
  • Members, as you're aware, capital punishment is reserved for the convicted of a heinous crime.
  • Given the federal government already imposes penalties for committing a capital felony offense against
  • We submit that society is protected, and those who commit capital crimes are severely punished through
Summary: The committee met with a quorum and considered a large agenda of bills, mostly in the criminal justice, courts, civil procedure, and family/consumer protection areas. Early measures included CS/HB 1161 on removing altered sexual depictions posted without consent, HB 403 modernizing LLC law to allow protected series LLCs, CS/HB 97 on service of process in protection proceedings for vulnerable adults, and HB 813 as the state courts package addressing duty judges, arbitrator compensation, and notarization by judges. All of those bills were reported favorably, with HB 403 and HB 813 amended. The committee also heard and advanced CS/HB 947 on evidence of medical damages in personal injury and wrongful death cases, which drew substantial opposition from insurers, business groups, and defense-oriented witnesses, while the sponsor argued it would let juries hear all relevant evidence; it passed 19-3. Members also approved CS/CS/HB 615 allowing electronic delivery of landlord-tenant notices by email, after an amendment requiring opt-in language and written notice to update an email address; tenant advocates still raised concerns about eviction-related notices and receipt verification. HB 663 increased penalties for using tracking devices or apps to commit dangerous crimes and passed unanimously. CS/HB 385 made technical changes to the Florida Trust Code and passed unanimously after a conforming amendment. CS/HB 255, known as Dexter’s Law, increased penalties for aggravated animal cruelty and was supported by law enforcement and animal welfare groups; it passed unanimously. Later in the meeting, the committee approved HB 513 on electronic transmittal of court orders after the sponsor withdrew an amendment that would have changed the deadline from six hours to six business hours, following concerns that the delay could be too long for urgent orders. CS/HB 1099 gave law enforcement discretion in arrests involving individuals with significant medical conditions in facilities and passed unanimously. HB 653 added aggravating factors for capital felonies involving assassinations or attempted assassinations of heads of state; it drew opposition from the Florida Conference of Catholic Bishops and passed 20-2. CS/HB 59 expanded wrongful incarceration compensation by extending the filing deadline, removing the clean-hands bar, and allowing exonerees to choose between civil suit and the state claims process; it passed unanimously. PCS/HB 777 increased penalties for in-person luring or enticing of children and barred certain age-based defenses, passing unanimously. Finally, CS/HB 437 increased penalties for tampering with electronic monitoring devices; two amendments softened the bill by clarifying juvenile treatment and giving judges limited discretion to avoid automatic revocation of pretrial release, and the bill passed 21-1 before the meeting adjourned.
FL

Florida 2025 Regular Session

Banking and Insurance Mar 25th, 2025

Transcript Highlights:
  • would need to be a tip to the federal government paying them $5.60 because that would have been the capital
  • There is the idea of liquidating your golden children incurring 28% capital gains tax hit on that on.
  • One of those his Treasurer Oaks pointed out is the 28% federal capital gains tax rate that applies to
  • go to buy your groceries at the store under federal law, you're required to calculate, which are capital
  • The interesting thing, though, is that there is a very important exemption from the 28% capital gains
Keywords: 999, senate, all
CA

California 2025-2026 Regular Session

Assembly Floor Session Mar 20th, 2025

California House Floor Meeting

Transcript Highlights:
  • He served in the capital office as part of the UC Sacramento program.
  • Thousands of people are here in our state capital. at their state convention.
  • They will be hosting a celebration after session today in Capital Room 317.
  • I want to acknowledge that there are others with us in this capital community here in the gallery we
  • And I know that there are many in this capital community who will miss him dearly.
Keywords: 988, house, all
MD

Maryland 2026 Regular Session

Senate Floor Session, 1/30/2026 #1

Maryland Senate Floor Meeting

Transcript Highlights:
  • They are ordered to the capital budget subcommittee. We now have a message from the executive.
  • They are ordered to the capital<00:02:13.680> budget<00:02:14.000> subcommittee.
  • <00:02:15.120> We<00:02:15.360> now<00:02:15.520> have capital budget subcommittee
  • We now have capital budget subcommittee.
Summary: The Senate convened for a brief pro forma session, with the clerk calling the roll and the presiding officer noting that three critical members were present and Maryland was back in session. There were a few light announcements, including a senator bringing his son to the chamber and a remark about the unusual week of multiple pro forma sessions. The presiding officer also welcomed the Senate pages and noted the historic nature of the week’s schedule. The chamber then processed calendar items without debate: Senate Bill 422, by Senator Kramer, concerning research and testing facilities that use animals and related adoption/reporting requirements, was read and ordered to its standing committee. A bond initiative sponsored by Senator King for Community Services for Adults and Children/Community School of Maryland was also read and sent to the capital budget subcommittee. The Senate received an executive message from Governor Wes Moore submitting a recess appointment for Senate confirmation under the Maryland Constitution. The message was read, journalized, and referred to the Executive Nominations Committee; the presiding officer identified it as a superintendent-related recess appointment. After a final quorum call, the Senate adjourned by unanimous consent until Monday evening at 8:00 p.m. for a regular session.
MD

Maryland 2026 Regular Session

Senate Floor Session, 1/27/2026 #1

Maryland Senate Floor Meeting

Transcript Highlights:
  • Bill will be ordered to the capital budget subcommittee. That does it. Desk is clear.
  • Bill will be ordered to the uh<00:02:39.599> capital<00:02:39.920> budget<00:02:40.160>
  • <00:02:41.519> That uh capital budget subcommittee. That uh capital budget subcommittee.
Summary: The Senate held a brief pro forma session with a quorum present. The presiding officer noted Holocaust Remembrance Day in Maryland and emphasized the importance of anti-hate efforts, and also welcomed representatives from the Council of State Governments who were visiting despite the snow. The chamber processed one bill introduction, Senate Bill 368 by Senator Bailey concerning living shorelines and non-structural shoreline stabilization measures, and referred it to the Education, Energy, and the Environment Committee. One bond initiative, sponsored by Senators Hettleman, Ishivas, Torres, and Simcha, was also read and sent to the Capital Budget Subcommittee. During announcements, the Majority Leader invited members to a Council of State Governments reception at Harry Brown’s at 6 p.m. The Senate then completed a quorum call and adjourned, with notice that another pro forma session would be held the next day.
NM
Transcript Highlights:
  • And I think that there's. significant opportunity for the state and for you to enact a budget and a capital
  • shovel-ready types of projects, you've prioritized finishing big state agency asset projects in the capital
  • And page 12, you see the summary of the capital outlay framework, where you have an opportunity to use
  • project as an example, and then also taking advantage of the opportunity to use cash for some of your capital
Keywords: 996, all
OR
Transcript Highlights:
  • used to fund court security, emergency preparedness, local court facility security accounts, and capital
  • expenditure limitation for the Oregon Military Department by $375,000 and increase other funds capital
  • Establish a federal funds capital construction expenditure limitation of $3,620,000 for the Reese Training
  • I want to emphasize, as a Democrat who actually believes in capitalism, the way I can believe in capitalism
  • Department of Transportation, Federal Highway Administration, in the amount of $11 million for capital
Keywords: 907, all
Summary: The Emergency Board met on June 17, 2026, and approved a series of subcommittee recommendations, mostly on consent, related to federal grant applications, agency funding adjustments, and position authority. Early actions included approval of four federal grant applications from natural resources agencies, three public safety grant applications, a one-time increase for Judicial Department court security, retroactive approval for an AmeriCorps volunteer-generation grant, and a $7.5 million allocation to Southern Oregon University from a special appropriation for short-term financial stability. Members supporting the SOU item emphasized the university’s structural deficits, declining enrollment, and the need for a long-term higher education plan; several members voted no or raised concerns about sustainability, but the motion passed. The board also approved a federal apprenticeship expansion grant for the Higher Education Coordinating Commission, a school nutrition equipment grant for the Department of Education, and an Oregon Health Authority request tied to Medicaid community engagement requirements under H.R. 1. Public safety items included funding for Oregon Military Department readiness facilities, a report on the stalled juvenile justice information system modernization project with a follow-up viability report due in 2026, and a statewide evacuation planning tool for emergency management. The evacuation tool drew strong support as a wildfire preparedness measure, with members noting it could significantly reduce alert times and save lives. A major point of debate was the Department of Justice request to add 16 permanent positions and increase other funds limitation for antitrust enforcement. Supporters argued the federal government has pulled back and Oregon needs capacity to pursue active cases and protect consumers; opponents objected to the process, the size of the expansion, and the incentive structure tied to settlements and awards. Despite those concerns, the motion passed. The board also approved Water Resources Department requests for the Water Well Abandonment, Repair and Replacement program, an assistant water master position in Washington County, and federal funding for Lower Umatilla Basin groundwater data collection. The water master item prompted questions about county cost shifts, but staff said the position would remain externally funded and would not be filled without those resources.
TX

Texas 89th Regular

Finance May 14th, 2025

Finance

Transcript Highlights:
  • Because of declining production, operators must decide whether to spend capital on new wells with higher
  • Capital and infrastructure needs at institutions of higher education that are ineligible for available
  • Capital gains tax on that because it's not recognized—the gold itself isn't currency.
  • And so our position is going to be that Texans will not have to pay a capital gain as that gold goes
  • Right now, if you use that Glint card, you pay a capital gains tax if the value of the gold went up.
Bills: HB42
Summary: The committee heard Senator Flores lay out the committee substitute for HB 2894, which would expand state reimbursement eligibility for local governments disproportionately affected by the disabled veterans homestead exemption. Flores said the bill would add certain municipalities in Bell, Coryell, and Lampasas counties if lost ad valorem tax revenue equals or exceeds 10% of general revenue, while existing recipients would remain under the current 2% threshold. Lampasas and Bell County officials and the City of Killeen testified in support, describing significant revenue losses and urging adequate funding. One witness, Howard Avery, argued any reimbursement should be counted as property tax revenue for voter-approval rate purposes to avoid a windfall. The committee later adopted the substitute and reported the bill favorably, with one nay. The committee also heard SB 782, which would create a temporary severance tax exemption for restimulated inactive oil and gas wells, intended to encourage investment in mature wells. The Comptroller explained the revised fiscal note as effectively zero because the wells are currently marginal and not generating meaningful tax revenue, while industry witnesses said the bill could extend well life, support local economies, and reduce orphan-well liabilities. Public testimony was supportive, and the bill was left pending. Members then heard HB 3033, a DPS-related grant program funded by voluntary $3 donations on driver’s license and ID applications to support nonprofits aiding injured or fallen DPS officers and their families, including memorial highway signs. The DPS Officers Association supported the bill, citing existing foundation assistance and the need for a steady funding stream. The committee later reported the bill favorably. The committee also considered SB 524, which would permanently extend the franchise tax and fee exemption for qualifying veteran-owned businesses for their first five years; testimony from a veteran business owner and veterans advocates supported the measure, and the committee adopted the substitute and reported it favorably. Additional measures were laid out and left pending or voted out: HB 3594, a local San Antonio retiree health care fund bill with agreed changes for contributions, spouse benefits, and remarriage rules, was supported by stakeholders and reported favorably; HB 4738 would repeal small administrative fees tied to certain loans and was reported favorably; HB 42 on HEAF funding and HB 5246 on the Texas Space Commission were heard and left pending. The committee also reported HB 3474, a cleanup bill for the Pension Review Board’s investment performance review schedule, and HB 2802, the Austin firefighter retirement fund bill, both favorably. Finally, the committee took up HB 1056, which would allow gold and silver held in the Texas Bullion Depository to function as legal tender through debit-card transactions. Supporters framed it as a way to use hard assets and expand financial options, while bankers and some senators raised major operational, consumer-protection, tax, and constitutional questions; the bill remained under discussion as testimony began.
MN

Minnesota 2025-2026 Regular Session

Committee on Judiciary and Public Safety - Part 1 - 03/19/26

Judiciary and Public Safety

Transcript Highlights:
  • increases in operational or capital increases in operational or capital costs<03:22:41.120> or
  • <03:24:39.760> aren't be that people with capital aren't be that people with capital aren't
  • maybe there's a proposal to do a capital maybe there's a proposal to do a capital improvement<03
  • <03:36:28.319> investments to the point of of capital investments to the point of of capital
  • > improvement, Whether it's a capital improvement, Whether it's a capital improvement, whether<03
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Taxes Committee Meeting - 2026-05-05

Taxes

Transcript Highlights:
  • improvement plan and with direct capital improvement plan and with direct support<00:03:51.120> for
  • The county owns the capital assets, as you can see, and has invested hundreds of millions of dollars
  • That would support capital investment needs at the hospital.
  • The draft amendment also leaves the position on capital expenditures for the baseball stadium the same
  • preservation and capital improvements. preservation and capital improvements.
KY
Transcript Highlights:
  • And yet that's a big cost driver in both human capital and fiscal capital related to SUD.
  • <00:12:13.440> metrics resiliency and recovery capital. metrics resiliency and recovery capital
  • <00:12:36.240> and cost driver in both human capital and cost driver in both human capital
  • fiscal capital related to SUD. fiscal capital related to SUD.
  • essential for building recovery capital essential for building recovery capital that<00:19:28.400
Keywords: 958, all
Summary: The Medicaid Oversight Advisory Board met with a quorum, approved the November 12 minutes by voice vote, and then heard a presentation from former Governor Ernie Fletcher and Dave Johnson on Medicaid reimbursement for substance use disorder (SUD) treatment. Fletcher argued that addiction should be treated as a chronic disease requiring a longer continuum of care, not just short residential stays, and said recovery should combine clinical treatment with social supports such as housing, transportation, employment, peer coaching, and recovery housing. He cited data on overdose trends, low treatment rates, and high costs for people with SUD, and said current reimbursement models create poor incentives and do not adequately support long-term recovery or measure outcomes well. Fletcher proposed a “carve through” model administered at the MCO level with standardized metrics, data sharing, and an independent recovery coordinator that would assess patients, coordinate care, and connect them to clinical and social recovery services. He suggested using bundled payments, shared savings, and partial risk arrangements, with recovery housing reimbursed on a PMPM or weekly basis and funded in part through existing Medicaid spending and other sources such as opioid abatement funds. He also emphasized peer support, telemedicine, criminal justice coordination, workforce and education supports, and the use of technology, including text messaging and possibly AI, to maintain long-term follow-up and identify relapse risk. Members questioned how the model would work in practice, especially the education and staffing requirements for recovery coordinators, reimbursement levels, and how many patients each coordinator or peer would serve. Fletcher said peers could be certified and would need additional training in assessments such as ASAM and recovery residence standards, but he did not give a precise salary figure, saying the market and bundled rates would determine that. He also said follow-up should continue for years, noting relapse risk over the first 18 to 24 months and that meaningful employment and ongoing peer contact help sustain recovery. No formal vote or action was taken on the substance use presentation.
NM

New Mexico 2025 Regular Session

IC - Indian Affairs Jul 17th, 2025

House Government, Elections & Indian Affairs

Transcript Highlights:
  • With GIS, we do have part of our capital in rural areas. Thank you. Thank you.
  • We've always Presented that during our capital outlay requests.
  • So, Capital Outlay will. Probably open in September.
  • So you're eligible for Capital Outlay. GOB is not set up for charter schools.
  • Gallup has obviously paid a lot into this project has a lot of capital improvements.
MN

Minnesota 2025-2026 Regular Session

House Housing Finance and Policy Committee 3/25/25

Housing Finance and Policy

Transcript Highlights:
  • Housing authorities continue to look for other means to not only address their capital backlog, but also
  • Is there—because I didn't see it in your bill—is there... housing Capital funds the only funding housing
  • Capital funds the only funding housing<00:35:51.880> agencies<00:35:52.400> have<00:35
  • means to not only address their Capital means to not only address their Capital backlog<00:36:13.520
  • needs a couple of property's Capital needs a couple of these<00:36:40.960> paths<00:36:41.359
Keywords: 1183, house
AR

Arkansas 2026 1st Special Session

HOUSE CONVENES Apr 23rd, 2026

Arkansas All Floor Meeting

Transcript Highlights:
  • Members, House Bill 1098 is a reappropriation for an ongoing capital improvement project with Parks and
  • Members, House Bill 1098 is a reappropriation for an ongoing capital improvement project with the Parks
  • I believe this is just a reappropriation for an ongoing capital project they have. Okay.
  • I believe this is just a reappropriation for an ongoing capital project they have.
  • Members, this is a reappropriation for an ongoing capital improvement project within the Arkansas Economic
Summary: The House convened with prayer and the Pledge of Allegiance, established a quorum, and approved leave requests and the previous day’s journal. The chamber received a governor’s communication listing several fiscal-session measures that had been signed into law, and members recognized a number of guests, including law enforcement officers, medical staff, and several championship athletic teams and Special Olympics participant Justin Tate. Representative Dolly Henley also made a personal explanation regarding her request to vote no on House Bill 1098, apologizing for any confusion. On the red and yellow calendars, the House passed Senate Bill 1, the Arkansas Senate appropriation for fiscal year 2026-2027, by a large margin and then considered a series of appropriation and reappropriation bills in batches. Amendment 1 to House Bill 1034, concerning the Treasury Office of State Appropriation and a 10% salary increase for the Secretary of State, was rejected. Several bills passed, including House Bill 1020, House Bill 1041, House Bill 1098, Senate Bills 2, 14, 26, 68, 69, 72, and 74, along with multiple batched general appropriation and reappropriation measures. House Bill 1023 and House Bill 1053 failed on final passage. Members also discussed the scope of certain appropriations, including questions about whether funds allowed disproportionate staff raises and whether a workforce-services reappropriation would centralize services in Little Rock; the sponsor said the bills did not do those things. After completing the calendar, Representative Meeks moved to adjourn until 3:00 p.m. Monday, and the motion carried. The House announced that House Management would meet 15 minutes after adjournment on Monday and that the deadline for submitting resolutions was that day.
AR

Arkansas 2026 Regular Session

HOUSE CONVENES Apr 23rd, 2026

Arkansas All Floor Meeting

Transcript Highlights:
  • Members, House Bill 1098 is a reappropriation for an ongoing capital improvement project with Parks and
  • I believe this is just a reappropriation for an ongoing capital project they have. Okay.
  • I believe this is just a reappropriation for an ongoing capital project they have.
  • Members, this is a reappropriation for an ongoing capital improvement project within the Arkansas Economic
  • Members, this is a reappropriation for an ongoing capital improvement project within the Arkansas Economic
Summary: The House convened with a prayer and pledge, established a quorum, approved leave requests, dispensed with the prior journal, and received a governor’s communication listing several fiscal-session bills that had been signed into law. The chamber also adopted a consent calendar of resolutions and recognized multiple guests, including law enforcement officers, a doctor and nurse, a House staff member celebrating her 80th birthday, and several student athletic teams and Special Olympics participants. During the floor session, members heard a personal privilege statement from Representative Dolly Henley apologizing for any confusion about her request to vote no on House Bill 1098. The House then took up appropriations and related budget measures. Senate Bill 1, the Arkansas Senate appropriation, passed 90-1 with the emergency clause. An amendment to House Bill 1034 concerning the Secretary of State’s appropriation was rejected. The House passed a batch of general appropriation bills, then separately passed House Bill 1020, House Bill 1041, House Bill 1098, Senate Bill 2, Senate Bill 14, Senate Bill 26, Senate Bill 68, Senate Bill 69, and Senate Bill 72. House Bill 1023 and House Bill 1053 failed. Several bills were pulled from batches for separate votes at members’ requests, and the chamber repeatedly noted that some measures contained no appropriation increase while others reflected pay-plan, security, performance-fund, or capital-project adjustments. Senate Bill 69 was described as a supplemental for a University of Arkansas food science building without drawing on general revenue. Most measures passed with strong margins, though House Bill 1023 and House Bill 1053 failed. The House then adopted a motion to adjourn until 3 p.m. Monday, and committee announcements noted House Management would meet 15 minutes after adjournment and that the deadline for submitting resolutions was that day.
OR
Transcript Highlights:
  • I'm going to get into a quick CCO capitation rate overview.
  • I'm going to get into a quick CCO capitation rate overview.
  • So what are capitation rates?
  • All of that builds the capitation-based data for 2027.
  • I wanted to give you an idea of how capitation rates have changed over the years.
Keywords: 907, all
Summary: The committee held an informational hearing focused first on Oregon Medicaid coordinated care organization (CCO) finances and rate setting. Oregon Health Authority staff explained how 2025 CCO financial results will inform 2027 capitation rates, including reserve requirements, subcapitation arrangements, and major cost drivers such as behavioral health, pharmacy, rural hospital costs, and dental directed payments. They said the Legislature’s added 2025 funding materially improved CCO margins and that, without it, the program would have been negative overall. Members asked about retained earnings, subcapitation, behavioral health utilization, ABA therapy, and whether outcomes are being evaluated; OHA said rate setting is actuarial and that CCOs, OHA, and other partners all play roles in monitoring efficacy and access. OHA also reviewed House Bill 4039 changes intended to increase transparency and give CCOs earlier access to rate information and reconciliation exhibits. CCO representatives then testified that the system is under significant financial pressure and that behavioral health state-directed payments, benefit changes, and federal uncertainty from H.R. 1 are reducing flexibility. CareOregon said it has lost more than $500 million over the last couple of years and is now making provider terminations and other network changes to align spending with available funding, while emphasizing that CCOs must make hard decisions about which services and providers can be sustained. Eastern Oregon CCO said rural and frontier factors, cost-based hospitals, air ambulance needs, and statewide efficiency adjustments are not fully reflected in rates, and that dental funding is especially strained. Trillium similarly warned that state-directed payments and benefit expansion pressures are constraining the global budget model and that H.R. 1 could worsen acuity and volatility. Members pressed the witnesses on who is responsible for evaluating treatment effectiveness, especially for ABA and psychotherapy, and on how utilization limits and reimbursement changes are being used to control costs. The committee then shifted to an overview of the Affordable Care Act and Oregon’s commercial insurance market. Department of Consumer and Business Services staff explained actuarial value, metal tiers, premium tax credits, medical loss ratio rules, and the main drivers of premium rates: cost trend, utilization trend, and administrative costs. They said mandates have likely added only a limited amount to premiums over the past decade, though the exact effect is difficult to isolate, and they gave examples of how high-cost, low-volume services versus broad, high-utilization services can affect rates differently. Staff also noted that Providence Health Plan and PacificSource Health Plans are withdrawing from the individual market, though consumers should still have at least three insurer options in every county and may have four in many counties. The division said it is in the middle of reviewing proposed 2027 rates and will continue its public rate review process, including hearings and written comment.