Transcript Highlights:

• >> Reservations. >> Reservations. >> Reservations.
• >> Reservations. >> Reservations. >> Reservations.
• >> Reservations. >> Reservations. >> Reservations.
• >> Reservations. >> Reservations. >> Reservations.
• >> Reservations. >> Reservations. >> Reservations.

Bills: HB1952, HB1951, HB1929, HB2497, HB2208, HB2572, HB1953, HB2551, HB2549, HB1737, HB1628, HB1769, HB2493, HB2264, HB1997, HB2168, HB2427, HB1805, HB2180, HB2184, HB2219, HB2469, HB2233, HB2519, HB2141, HB1904, HB2201, HB2410, HB2007, HB2385, HB2444, HB2349, HB2235, HB1872, HB2416, HB2291, HB2292, HB2263, HB2359, HB2455, HB1509, HB1514, HB1515, HB1648, HB2164, HB2323, HB1825, HB2172, HB1888, HB2005, HB2387, HB2358, HB2119, HB2276, HB2472, HB1714, HB2325, HB1541, HB1960, HB2140, HB2315, HB2367, HB2388, HB1696, HB2333, HB2138, HB2332, HB2283, HB2059, HB2057, HB2589, HB2417, HB2337, HB1588, HB2217, HB2020, HB1915, HB1742, HB2026, HB1965, HB1546, HB2360, HB1563, HB1749, HB2614, HB1511, HB1753, HB1849, HB1641, HB2161, HB2194, HB1721, HB2284, HB2188, HB1897, HB1880, HB1573, HB1876, HB20, HB2137

Keywords: HB1952, Hawaii agriculture, University of Hawaii, CTAHR, College of Tropical Agriculture and Human Resilience, Kauai, agricultural research station, extension station, capital improvements, general obligation bonds, GO bonds, appropriation, ADA compliance, Americans with Disabilities Act, certified kitchen, greenhouse, laboratory, field research, cesspool decommissioning, invasive species

Transcript Highlights:

• Any no votes or reservations? reservations? reservations?
• reservations?
• Any no votes or reservations? reservations? reservations?
• Anyone voting no with a reservation? Representative reservations. Reservation for Senator Richards.
• Reservation Representative Reservations.

Keywords: 912, senate, all

Summary: The committees met in decision-making sessions and considered a long list of Senate bills, with no oral testimony taken. Several measures were advanced unamended, including SB 2178 on industrial hemp, SB 2277 on hospital price transparency, SB 2387 on digital financial asset transaction kiosks, SB 2688 on compassionate release, SB 3132 on syndromic surveillance data reporting, SB 3219 on housing infrastructure growth bonds, and others. Many bills were also advanced with technical or substantive amendments, including SB 2114 on collective bargaining grievance rights, SB 2601 on procurement penalties, SB 2698 on cruise ships/transportation, SB 2757 on digital asset charters, SB 2948 on insurance fraud, SB 2002 on water governance, SB 2022 on state water code penalties, SB 2190 on inclusionary zoning, SB 3294 on wrongful imprisonment compensation, and SB 17, SB 2407, SB 2811, SB 2907, SB 2930, SB 3084, SB 3103, and SB 2808 in the later agenda segment. The committee also discussed SB 2080, relating to the psychology interjurisdictional compact, where one senator objected to interstate compacts as opening local jobs to out-of-state professionals; despite that objection, the measure was adopted. SB 3133 on preventive medicine drew amendment discussion to remove unnecessary language about committee members not being state employees and to delete an immunity subsection, while preserving ethics-code coverage and provider immunity. SB 3000 on insurance was amended to remove a savings clause, and SB 2921 on fund transfers received extensive amendments removing or revising numerous special funds and revolving accounts across agencies. Most votes were unanimous or near-unanimous, often with members present voting aye or with reservations. A few measures drew recorded no votes or reservations, including SB 2080, SB 3133, SB 2921, and SB 2401, where one member voted with reservations and the committee report was to reflect the Attorney General’s comments. In each case, the committee adopted the recommendation and moved the bills forward.

Transcript Highlights:

• With reservations.
• Representative Amato, with ... reservations um excuse me reserv my reservations um excuse me reserv my
• Representative Garcia, reservations. Representative Souza, reservations.
• Representative Garcia, with reservations. Representative Pick, reservations.
• Representative Garcia with reservations. Representative Pick, reservations.

Keywords: 910, house, all

Transcript Highlights:

• <00:33:02.919> reservations consent any reservations reservations consent any reservations
• <00:43:40.800> reservations<00:43:41.480> Senator reservations reservations Senator reservations
• SB 1195, SD1 passes third reading. reservations reservations Senator San reservations reservations Senator
• <00:57:11.319> reservations consent any reservations reservations consent any reservations
• <00:58:04.839> reservations consent any reservations reservations consent any reservations

Keywords: 912, senate, all

Transcript Highlights:

• Reservations.
• Reservations. So ordered. Gideon. Reservations. So ordered.
• With reservations. reservations. reservations. >> So<00:49:10.680> ordered.
• Reservations, please. So Morikawa. Reservations, please.
• Reservations.

Bills: HR204, SB2925, SB2798, SB2320, SB2800, SB1230, SB2706, SB3233, SB2405, SB3320, SB2543, SB3097, SB3096, SB3140, SB2593, SB2567, SB2466, SB2140, SB2088, SB3090, SB608, SB2795, SB3294, SB3263, SB3001, SB2907, SB3251, SB2074, SB2360, SB2354, SB2908, SB2353, SB3045, SB2047, SB3254, SB3246, SB3133, SB2425, SB2671, SB3229, SB2969, SB1166, SB896, SB2391, SB2125, SB3118, SB3325, SB2613, SB2614, SB494, SB2376, SB3326, SB2001, SB2599, SB3048, SB3169, SB2002, SB3247, SB3253, SB2155, SB2192, SB3187, SB2190, SB2398, SB2424, SB3028, SB2338, SB3219, SB2981, HCR14

Keywords: H.R. 204, House Resolution, Hawaii LifeSmarts, LifeSmarts State Competition, student competition, academic recognition, congratulatory resolution, Iolani School, Kalani High School, Waipahu High School, personal finance, consumer rights, health and safety, technology education, environmental education, National Consumers League, Department of Commerce and Consumer Affairs, Hawaii Credit Union League, youth achievement, high school teams

Transcript Highlights:

• Representative Mamoto: Reservations, so ordered. Representative Kila: Reservation, speaker.
• Representative Mamoto: Reservations, so ordered. Representative Kila: Reservation, speaker.
• Representative Mamoto: Reservations, so ordered. Representative Kila: Reservation, speaker.
• Representative Mamoto: Reservations, so ordered. Representative Kila: Reservation, speaker.
• Representative Mamoto: Reservations, so ordered. Representative Kila: Reservation, speaker.

Keywords: 910, house, all

Transcript Highlights:

• c><00:22:31.440> uh<00:22:31.840> receive<00:22:32.159> a quicker, they will reserve
• uh receive a quicker, they will reserve uh receive a financial<00:22:32.799> benefit.
• adjustment to help keep pace with rising costs that are caused by that, as well as a few other components
• <00:38:32.240> primarily<00:38:32.880> Um<00:38:33.119> there's other components
• primarily Um there's other components primarily Um there's what<00:38:33.520> we<00:38:33.599

Keywords: 912, senate, all

Summary: The Senate Commerce and Consumer Protection Committee held an informational briefing on the Public Utilities Commission’s performance-based regulation (PBR) framework and the Department of Commerce and Consumer Affairs’ whistleblower complaint process. Chair Jared Kohole opened the meeting, noted it was informational only with no public testimony, and explained that members would hear presentations and then have an opportunity for questions. The committee heard first from Ulupono Initiative, which provided background on why utilities are regulated, how Hawaii’s cost-of-service model and rate cases work, and why PBR was adopted to shift utility incentives away from a capital-investment bias and toward performance, efficiency, cost control, and policy goals such as renewable energy and reliability. Ulupono described Hawaii’s PBR structure as a five-year multi-year rate plan with annual revenue adjustments, a customer dividend, a Z factor for extraordinary exogenous events, and an exceptional project recovery mechanism for large projects. It also outlined performance incentive mechanisms tied to renewable portfolio standard progress, interconnection speed, reliability, and shared savings. The presentation said the current docket is evaluating a possible hybrid approach that would combine forward-looking forecasting with historical results, and Ulupono advocated for stronger incentives, arguing the current rewards are too small relative to utility revenues and should be more meaningful to better align utility behavior with legislative intent. The PUC then presented its own overview, emphasizing that the PBR docket is open and active and that the briefing was limited to the record to avoid ex parte concerns. The commission described the development of PBR in Hawaii through multiple phases beginning in 2018: an initial collaborative phase to set goals, a formal contested-case phase that produced the initial framework, later phases adding scorecards, reported metrics, and additional performance incentive mechanisms, and subsequent refinements including sunset of some mechanisms and adjustments after the August 2023 Maui wildfires. The PUC said the framework is intended to be customer-centric, administratively efficient, and protective of utility financial integrity, and that current work includes evaluating how to balance forward-looking and historical test-year approaches within the rebasing process. No votes or formal actions were taken at the briefing.

Transcript Highlights:

• Decorte reservations. Elefante reservations. Senator Hashimoto reservations. Inouye reservations.
• <00:05:09.240> that reservations that reservations that reservations<00:05:12.360> elepante
• <00:05:13.360> res<00:05:13.880> reservations reservations elepante res reservations
• reservations elepante res reservations Senor<00:05:15.199> Hashimoto<00:05:16.039> reservations
• :10:35.959> for<00:10:36.200> fill reservation reservation for oh for fill reservation

Keywords: 912, senate, all

Summary: The Ways and Means committee met in several decision-making agendas and took action on a number of Senate bills. Early in the meeting, members adopted a measure with amendments that removed a section due to legal issues identified by the Attorney General and set an effective date of July 1, 2050. The committee then passed SB 14, SB 1434, SB 1443, and SB 152 unamended, and SB 1612 with amendments clarifying that certain requirements apply to buildings constructed after December 31, 2025, and defining joint custody between the Department of Corrections and Rehabilitation and the Department of Health for inmate mental health services and medications. In a joint Judiciary and Ways and Means agenda, the committee considered SB 242 on foreign ownership of agricultural land. Members agreed to amendments adding non-impairment-of-contract language and revising enforcement and penalty provisions so consideration exchanged in a violating transaction would revert to the respective parties. The bill was adopted with reservations noted by several members. The committee also took up SB 534 on the Hawaii Community Development Authority and residential development on certain Makakilo Makai parcels, but because there was no consensus, the measure was deferred indefinitely. Later Ways and Means agendas approved several additional bills, mostly unamended, including SB 878, SB 1146, SB 614, SB 891, SB 964, SB 1559, and SB 503. SB 1379 was passed with amendments adding a blank appropriation for acquisition of land for Community Readiness centers and an emergency operations center, with the funds to lapse on June 30, 2027. SB 1571 was amended to remove an advisory board and restore earlier authority language, and SB 1632 was amended to rank the appropriation and set the date to 2050. Across these votes, measures were generally adopted with some members recording reservations or being excused.

Transcript Highlights:

• :15.760> reservations<00:18:16.640> so Reyes Oda reservations so Reyes Oda reservations
• Reservations. So ordered.
• Oda: Reservations. So ordered. Representative Kong: With reservations. So ordered.
• Oda: Reservations. So ordered. Representative Kong: With reservations. So ordered.
• With reservations, so ordered. Representative Matoto: Reservations, so ordered.

Keywords: 910, house, all

Transcript Highlights:

• anyone voting no with reservation anyone voting no with reservation reservation<00:04:48.039>
• reservation<00:04:48.759> for reservation reservation for reservation reservation for fella
• voting no with reservations voting no with reservations reservation<00:16:00.399> for<00:
• /c> reservation for hold on reservation for reservation for hold on reservation for for for for inoi
• Notai vo no with reservation.

Keywords: 912, senate, all

Summary: The joint Ways and Means and Judiciary committee met in decision-making mode and took up a long list of measures, mostly recommending passage with or without amendments. Early actions included S.B. 414, which was amended to blank the appropriation, draw funds from the major disaster fund, and change the effective date to 2050, and S.B. 223, which would require fire breaks in hazardous fire areas and create or expand wildland fire prevention and protection programs with blank appropriations for FY 2026 and 2027. The committee also advanced S.B. 1009 on state reserve parking space enforcement, S.B. 1149 on reported hate crime definitions and reporting, S.B. 402 on mooring-line requirements for certain vessels, S.B. 1441 on the Oahu regional health care system transfer, S.B. 1442 on child and adolescent mental health responsibilities, S.B. 1478 on harbor evacuation orders, and S.B. 493 on written notice for emotional support animal sales or verifications. Members generally raised little opposition, and most measures were adopted without reservations. Some bills drew brief discussion or committee-report notes, including S.B. 1149, which referenced a Hawaii Civil Rights Commission report encouraging policy-level hate crime data reporting, and S.B. 1442, which was amended with a far-future effective date and a committee-report note about whether mental health services should be expressly subject to funding. S.B. 1441 was substantially revised to require a memorandum of agreement between the Oahu Regional Health Care System and the Department of Health by November 30, 2025, with patient care to begin by December 31, 2025, and a report to the legislature before the 2026 session. The committee also considered several finance and energy-related measures. S.B. 897 on the wildfire liability trust fund prompted questions about whether costs would be passed to consumers; the response was that the proposal contemplated cost sharing and that some amounts were still blank. S.B. 1395 and S.B. 1396 were amended to remove special-fund structures, direct revenues into the general fund, and require the governor to include equivalent amounts in the executive budget for climate-related projects. S.B. 501 was amended to expand step-in agreement provisions for future PPAs and establish a fund outside the State Treasury, and S.B. 1589 was amended so private donations to the stadium authority would go into the NID special fund for stadium infrastructure and sod, with members discussing accountability and the source of stadium-related consultant spending. The committee adopted the recommendations on all measures considered, with some members noting reservations on a few bills, and one item, S.B. 1418, was deferred.

Transcript Highlights:

• >> Reservations. >> Reservations. >> Reservations.
• >> Reservations. >> Reservations. >> Reservations.
• >> Reservations. >> Reservations. >> Reservations.
• >> Reservations. >> Reservations. >> Reservations.
• >> Reservations. >> Reservations. >> Reservations.

Bills: HB2139, HB1892, HB1893, HB1890, HB2335, HB2468, HB2091, HB2092, HB1878, HB2297, HB2127, HB1785, HB2345, HB2344, HB1780, HB1891, HB2398, HB1764, HB2564, HB1783, HB2567, HB1934, HB1778, HB1781, HB2621, HB2019, HB1803, HB2454, HB1811, HB1943, HB1589, HB1607, HB1851, HB2490, HB2546, HB2568, HB1972, HB2391, HB2575, HB1896, HB2399, HB2004, HB1894, HB2397, HB2498, HB2560, HB2310, HB2214, HB2167, HB2197, HB2116, HB1879, HB1596, HB2096, HB2298, HB2343, HB2566, HB1518, HB2044, HB2336, HB1603, HB1718, HB1740, HB1616, HB2171, HB2022, HB2347, HB1882, HB1708, HB2086, HB2154, HB2027, HB2179, HB1620, HB1913, HB2159, HB1597, HB2121, HB1864, HB2305, HB2576, HB1713, HB1729, HB1756, HB2122, HB2559, HB1743, HB1733, HB1868, HB1723, HB1711, HB1812, HB2515, HB1724, HB1604, HB2270, HB1722, HB1727, HB1920, HB1593

Keywords: invasive species, Queensland longhorn beetle, agriculture, environmental impact, University of Hawaii, Board of Education, Hawaii public schools, teacher representative, nonvoting member, bargaining unit 5, HSTA, teachers union, education governance, school board, executive session, collective bargaining, public school teacher, policy-making body, student representative, military representative

Transcript Highlights:

• Reserves are not that.
• reserves, although they are counted in reserves for now.
• Reserve.
• The two true reserves, I'll say, are the Operating Reserve and the Tax Stabilization Reserve (TSR).
• So, first is reserves, and we just talked about reserves.

Transcript Highlights:

• Representative Pck, reservations, so ordered. Representative Garcia, with reservations, so ordered.
• Representative Garcia, with reservations, so ordered. Representative Pck, reservations, so ordered.
• Representative Amato, reservations. Sorry, I did not hear that. Reservations, so ordered.
• Reservations, so ordered. Representative Garcia, with reservations, so ordered.
• 360 representative Amato reservations 360 representative Amato reservations reservations<00:27:38.720

Keywords: 910, house, all

Transcript Highlights:

• Richards, reservations. Oh, I... no, okay. Reservations for Senator Richards. Senator A, no.
• with reservations or objections Richards<00:02:19.360> reservations<00:02:20.319> oh<00
• Vice Chair votes with reservations. Senator Meli... Senator Richards... reservations.
• If there are any objections or reservations... no. Noting Senator A's reservations.
• If there are any objections or reservations? No. Noting Senator A's reservations.

Keywords: 912, senate, all

Summary: The joint Senate Commerce and Consumer Protection and Judiciary decision-making meeting on February 21, 2025, considered a long list of previously heard measures and generally recommended passage, often with amendments that delayed effective dates to July 1, 2050 or made technical clarifications. Among the measures acted on were bills relating to property, hotels, service disruptions, transportation, consumer protection, license plates, condominium disputes and fines, election fraud intimidation, vehicle inspection fines, restaurant reservation services, insurance claim checks, foreclosed home sales, labor relations court authority, public housing authority powers, community outreach boards, arson penalties, driving without a valid license, pet animals in vehicles, important agricultural lands, public records retention, transit-oriented development review, sex offender-related licensing actions, National Guard assault penalties, federal recognition timing, medical cannabis caregivers, cease-and-desist orders, and critical infrastructure information sharing. Several measures drew specific discussion or reservations. SB 1030 on election fraud intimidation was amended after consultation with the Attorney General to focus on unconcealed carry and add definitions. SB 5 on legislative vacancies was recommended to pass unamended, but the committee noted constitutional concerns and requested an Attorney General opinion. SB 95 on inspection fines was amended to set a $400 fine amount, though one member objected and the recommendation failed in at least one committee. SB 102 on third-party restaurant reservation services was amended to clarify who may sue and to allow contracted reservation services to distribute reservations on a restaurant’s behalf. SP 1022 on leaving pets in vehicles was amended to remove duplicative language because existing animal cruelty law already covered the conduct. SP 1451 on critical infrastructure information sharing was amended to tighten confidentiality language from “would reveal” to “could reveal” vulnerabilities. Most measures were adopted by the committees with little or no opposition, though several members noted reservations or objections on particular bills, including transportation, consumer protection, and inspection-fine measures. One bill, SB 1255 on records retention for government-function contractors, was deferred to a later meeting on February 26, 2025. Overall, the committees advanced most measures with amendments and recorded the recommendations for transmission to the next committee or chamber.

Transcript Highlights:

• The bill also, number one, requires the department to organize the Maryland Medical Reserve Corps and
• And lastly, number six, it alters the membership of the Maryland Medical Reserve Corps Program Advisory
• ><00:15:37.280> Corps<00:15:37.600> and<00:15:37.760> makes Maryland Medical Reserve
• American alters the membership of the American the<00:16:06.440> Maryland<00:16:06.800> Reserve
• the Maryland Core the Maryland Reserve the Maryland Core Program<00:16:08.720> Advisory<00:16

Keywords: Senate streaming session for Friday, April 10, 2026, 960, senate, all

Summary: The Senate reconvened with a quorum and began by reading House messages and first-reading bills, including SB 8 on identity fraud and deepfakes and HB 145 on election misinformation and deepfakes, which was referred to Rules. The chamber then handled several concurrence and conference matters. On HB 154, the Open Meetings Act bill for county boards of education, the Senate initially moved to recede from its amendments and accept the House version, but debate centered on a Senate transparency amendment limiting school boards’ ability to censor recordings. A motion to reconsider the amendments was laid over for 15 minutes. On SB 514, a third-degree assault bill, the House refused to recede and a conference committee was appointed. A guest introduction also welcomed a 10-month-old visitor to the gallery. In second-reader business, the Senate adopted committee amendments and advanced SB 504, which strengthens data privacy protections and limits use of personal data for immigration enforcement, and SB 790, the Public Health Reform Act, which revises the Commission on Public Health, updates the Maryland Medical Reserve Corps, adds health equity review processes, and makes related administrative changes. Both bills were reported favorably with technical and conforming amendments and ordered printed for third reading. The chamber then took up HB 191, which would require merchants to accept cash for essential consumer goods and set related rules and exceptions; members questioned its scope, exemptions, and enforcement, and the bill was laid over pending clarification about whether stadiums are covered. Finally, HB 564 on pet cremation and burial services added consumer protection and disclosure requirements for pet cremation providers; its technical amendment was adopted and the bill was ordered passed for third reading.

Transcript Highlights:

• Any reservations?<00:13:58.959> Reservations.
• Senator San reservations? Reservations.
• Reservations. Senator reservations? Reservations.
• reservations? Any no reservations? reservations? Any no reservations?
• Any reservations? Reservations. consent? Any reservations? Reservations.

Keywords: 912, senate, all

Transcript Highlights:

• Are there any reservations? No. Are there any other notes or reservations? None.
• Are there any reservations? Um, I vote with reservations. Are there any? No.
• Are there any reservations? Um, I vote with reservations. Are there any? No.
• Are there any reservations? Um, I vote with reservations. Are there any? No.
• Are there any reservations? Um, I vote with reservations. Are there any? No.

Keywords: 912, senate, all

Summary: The Judiciary Committee held a decision-making-only agenda and voted on a series of bills, mostly following the chair’s recommendations. Measures passed unamended included SB 1202 on allowing campaign funds for child care and dependent care costs, SB 30 requiring all moped drivers to wear helmets, SB 55 requiring state administrative rules to be posted in a digitally accessible and searchable format, SB 106 on pedestrian conduct more than 200 feet from a crosswalk, SB 344 requiring helmets for skateboard users under 16, SB 849 increasing penalties for harming native species, SB 1337 clarifying Stadium Authority quorum rules, and SB 268 reducing the size of island burial councils and removing certain membership requirements. SB 1511, which prohibits vessels longer than 75 feet from entering Honay Bay, was also adopted, though the transcript includes some inconsistent wording about whether it was amended. Several bills were approved with amendments. SB 1048 on solicitation of funds from the public was amended to remove a ministerial exception and to require certain charitable organizations and fundraising platforms to file written contracts with the Department before commencing solicitations. SB 109 was amended so that, in specified circumstances, the ʻŌlelo Hawaiʻi version of a law would be binding when the law was originally drafted in English, translated into Hawaiian, and later amended. SB 66 on county building permits was amended to add a bad date, April 23, 2057. SB 1312, deferred to the 10 o’clock agenda, clarified that “profits from prostitution” includes money or property received from prostitution proceeds even if characterized as reimbursement or debt repayment; it was also passed with amendments. The committee also adopted a recommendation to pass SB 55 and other measures with the noted excused absences of Senator Gabbard and, at times, other members. Throughout the meeting, no major opposition was recorded beyond one member voting no or with reservations on some bills, and the chair repeatedly announced that the recommendations had been adopted. The meeting concluded after the 10 o’clock agenda, with notice that the committee would meet upstairs for later agendas with WHAM.

Transcript Highlights:

• The Federal Reserve is assumed to cut in December. We've peaked behind the curtain.
• And here's the methodology for the other components of the individual income tax.
• components of the individual income tax. components of the individual income tax.
• And here's all of the five components aggregated together.
• So the the time series<01:05:06.319> components series components series components of<01:05:09.760

Keywords: 958, all

Summary: The meeting focused on reaching consensus on official Kentucky revenue estimates for fiscal years 2026 through 2028, using updated S&P Global economic forecasts compared with the September presentation. Staff explained that the updated forecast relied partly on alternative data because of the federal government shutdown, and they walked through changes in national and Kentucky economic assumptions across control, optimistic, and pessimistic scenarios. The control forecast was described as slightly more optimistic in the near term but more cautious in fiscal 2027 and 2028, with GDP growth revised up for the current year and down somewhat in the outer years. The pessimistic scenario now assumed a two-quarter recession beginning in the current quarter, while the optimistic scenario was given a higher probability weight than before. The presenters highlighted several Kentucky-relevant variables that changed since September, including weaker manufacturing employment, weaker housing starts, weaker consumer sentiment, and lower expected non-farm employment in fiscal 2026. At the same time, wage and salary disbursements were revised upward in fiscal 2027, reflecting higher disposable income from tax changes, and real consumer spending was expected to be stronger in the near term. They also discussed assumptions about tariffs, business profits, the Federal Reserve, unemployment, oil prices, retail sales, vehicle sales, exports, and consumer sentiment, noting that some indicators were little changed while others shifted materially. Consumer sentiment was attributed to affordability concerns, tariff impacts, and a general sense of malaise, but was expected to improve in later years from a low base. Members asked follow-up questions about why the forecast worsened in later years and about the consumer sentiment assumptions. Staff responded that the forecast assumed larger take-home pay and refunds from tax withholding changes, along with some easing of tariff effects, which they believed would help offset a negative wealth effect from stock market declines. They also noted that S&P Global’s December forecast, which had already been published, was essentially consistent with the presentation and that the firm believed its earlier assumptions had tracked recent data well. No vote or final action was recorded in the portion provided, but the discussion was aimed at settling the revenue estimates that will underpin the upcoming branch budget bills.

Transcript Highlights:

• Any reservations? Any no votes? consent? Any reservations? Any no votes?
• Any reservations? Any no votes? Any reservations? Any no votes?
• reservations? Any no votes? 25 eyes. reservations? Any no votes? 25 eyes.
• Any reservations? Any no votes? consent? Any reservations? Any no votes?
• Any reservations? Any no votes? reservations? Any no votes? 25 eyes. reservations? Any no votes?

Keywords: 912, senate, all

Transcript Highlights:

• sale of firearms, or violated any federal law or rule concerning the sale of firearms or firearm components

Keywords: 981, all