Transcript Highlights:

• Okay, 563 has those components, and the first component that we, in the costing areas, is your base cost
• Okay, 563 has those components, and the first component that we, in the costing areas, is your base cost
• Okay, 563 has those components, and the first component that we, in the costing areas, is your base cost
• 563 has those components and the first<03:12:10.239> component<03:12:10.800> that<03:12
• components components that<03:14:18.080> were<03:14:18.399> part<03:14:18.640> of

Keywords: 928, house, all

Summary: The Education Funding Committee met to review a large package of bills, with the first four—HB 717, 742, 773, and 603—focused on special education aid, formerly called catastrophic aid. Chair Ladin explained that the committee needed to move a special education bill forward by March 4 and was trying to determine which bill would serve as the vehicle. He described the current formula and the difficulty of estimating the fiscal impact of lowering the threshold from 3.5 times the statewide average cost per pupil to a lower level, noting that DOE did not have reliable data on how many students would fall into the lower-cost bands. The committee also noted that several other bills in the package addressed SWEP and adequacy issues, and that HB 510 dealt with due process rather than funding. Mark Mello of the Bureau of School Finance testified that the department only has reliable data for special education expenditures above $70,000 per student, since claims are submitted for reimbursement at that point. He said the bureau was trying to estimate how many students might fall between 2.5x and 3.5x or 3x and 3.5x the average cost, but that the basic answer was they did not know and that any estimate would be difficult. He explained that moving the threshold from 3.5x to 2.5x would create a minimum additional cost of about $13.6 million based on existing claims, not counting new students who would enter the range. Members discussed whether districts already had the underlying data, whether a survey should be required, and how districts know when to begin tracking costs for reimbursement. The committee also discussed proration and the state’s share of special education aid. Mello explained that the current 80% state share is modeled in the formula, but the actual payment has been prorated because appropriations have not matched the statutory liability; he said the state liability was about $50 million, while the budget had provided $34 million, resulting in a 68% payment rate. HB 742 was described as a bill that would eliminate proration by paying the liability directly from the education trust fund with an overflow mechanism. Members also discussed possible alternatives such as changing the state share, using a lower threshold in a transition period, or requiring districts to submit data. No votes or final actions were taken in the portion provided; the committee was still in discussion and considering which bills to advance.

Transcript Highlights:

• 1449 related to plant care components 1449 related to plant care components authorizes<00:09:52.440
• no you going to vote oh with reservation no you going to vote oh with reservation or<01:37:02.639
• <01:37:44.760> noted<01:37:45.760> representative reservations noted representative reservations
• Is there any member voting with reservations or a no vote?
• reservations or a no vote seeing none reservations or a no vote seeing none the<01:39:06.280> measure

Keywords: 910, house, all

Transcript Highlights:

• federal component of the positions. federal component of the positions.
• as well as external internal components as well as external components<01:14:09.040> to<01:14
• But I think we agree with them: reserves are... ...reserves are.
• <03:38:32.960> component.
• >> yours is one component component. >> yours is one component component.

Keywords: 912, senate, all

Transcript Highlights:

• There are a lot of various groups and entities here that reserved rooms a long time ago, so I apologize
• or 345 components.
• I've also heard that because of the global demand for 345 components 345 is having those same problems
• To add one more thing to this, ERCOT recently published in It's CDR, the Capacity Demand and Reserves
• could see large generation facilities essentially offline to the ERCOT market with dispatchable reserves

Bills: SB 6, SB6, SB504, SB765, SB815, SB929

Keywords: hemp, consumable hemp, hemp-derived cannabinoids, CBD, cannabidiol, CBG, cannabigerol, delta-8, delta-9, intoxicating hemp, hemp gummies, hemp vape, edibles, cannabinoid regulation, hemp licensing, retailer registration, product registration, QR code labeling, child-resistant packaging, minor access

Transcript Highlights:

• Any voting with reservations?
• Measure is reservations? Any no votes?
• measure is reservations? Any nos?
• :02.319> any<00:52:02.480> no voting with reservations and any no voting with reservations
• Any voting with reservations? present. Any voting with reservations?

Keywords: 912, senate, all

Summary: The committee first heard Senate Bill 3040, which would create an Office of Gun Violence Prevention. Supporters, including Moms Demand Action and a crime-victim advocate, argued the office would improve data collection, research, and coordination to help reduce gun violence. Opponents, including several gun-rights advocates, said the proposal was duplicative, lacked oversight, and would exclude the firearms community. The chair noted 41 testimonies in support and 77 in opposition, but no vote was taken on the bill in the portion provided. The committee then moved through a series of decision-making items and adopted the chair’s recommendations on several measures. SB 17 on wildfire mitigation passed with amendments from multiple agencies and a report date shifted to the 2028 session. SB 2730 on criminal justice reform passed with a defective effective date amendment, SB 2749 on sentencing passed with a defective effective date, SB 2688 on compassionate release passed with amendments narrowing eligibility and adding notification and funding language, and SB 2798 on law enforcement passed with a defective effective date to make the agricultural enforcement pilot program permanent. SB 2645, a short-form bill, was amended to insert substantive provisions and recommitted to the committee. SB 2383, which would have provided a $15,000 retention bonus for sworn law enforcement officers, was reconsidered and held in committee because it was identified as a duplicate. The committee also passed SB 2575, relating to firearms, with amendments adopting a proposed SD1 that would establish minimum mandatory prison terms for certain class A firearm felonies and add clarifying language. SB 2720, which would create a Hawaii firearm injury restitution fund funded by firearm manufacturer licenses, also passed with amendments clarifying the fund’s scope and eligible injuries. Later, the committee began hearing SB 3107 on parole eligibility. The Office of the Public Defender and the Hawaii Paroling Authority supported language allowing the parole board to waive certain program requirements, while the Hawaii Correctional System Oversight Commission opposed the bill, warning it could keep people incarcerated longer if program access remains limited. The Department of Corrections said it is working on classification changes and a pilot project to move inmates through the system faster.

Transcript Highlights:

• My comments on SB 145 focused on two separate components of the bill.
• So the second component, which should be separately... Statewide single audit.
• This bill has reserves at 30 percent, and that includes a reduction of removing grow out of the reserve
• This is a true reserve number.
• We come in over $400 million in the operating reserve, which is a much more liquid reserve.

Bills: SB145, SB143

Keywords: auditing, financial reporting, state auditor, public agencies, capital outlay, compliance, federal audits, agriculture, New Mexico Department of Agriculture, fee update, regulatory fees, egg inspection, egg grading, egg dealer, pesticide control, pesticide registration, pesticide applicator, pest management consultant, plant protection, nursery license

Transcript Highlights:

• They continue to lack the upfront capital and reserves, as well as access to traditional funding sources
• Out of all of them, and there could be components of particular bills, what in particular are you most
• And other businesses that are larger have more access to capital, more reserves, or resources; they're
• There's some component around getting small businesses funding up front as opposed to reimbursement.
• And other businesses that are larger have more access to capital, more reserves, or resources; they're

Keywords: 995, all

Summary: The Joint Committee on Community Development and Small Business held its second hearing of the session, with Chairs Gómez and Vargas opening by emphasizing the committee’s focus on equity, small business growth, and support for communities that have historically been overlooked. Several members noted the historic nature of having two Latino chairs. The hearing covered a package of bills centered on access to capital, transparency in state assistance, commercial tenant protections, downtown revitalization, and business improvement district administration. Testimony was largely supportive of bills aimed at helping micro-businesses, small businesses, and disadvantaged entrepreneurs. Beckma, the Asian Business Empowerment Council, a minority- and woman-owned business owner, and a worker-owned Springfield business all backed measures including S. 179 and H. 312/S. 184, which would prioritize capital assistance and require reporting on where state business aid goes. Witnesses said transparency, upfront payments on state contracts, and better data collection could help businesses that struggle with delayed reimbursements, limited reserves, and difficulty accessing traditional financing. The Metropolitan Area Planning Council supported S. 173, which would dedicate a portion of sales tax revenue to a downtown vitality fund for district management, cultural districts, and downtown infrastructure, and said the bill could help sustain downtowns and prevent cultural displacement. There was also testimony on H. 306, a commercial tenant first right of refusal bill, with Beckma supporting it as a way to help small tenants stay in their locations, while the Greater Boston Real Estate Board opposed it, arguing it would add cost, delay, uncertainty, and could reduce property values and the commercial tax base. The board supported H. 305, a housing bill that would expand by-right multifamily and open-space residential development while preserving local zoning protections. Andre Leroux of MassINC also supported S. 173 and H. 299, the latter proposing longer BID renewal periods and audit requirements aligned with nonprofit standards. No votes were taken; the hearing concluded after public testimony and questions, with the chair closing testimony.

Transcript Highlights:

• For new economic component of it.
• component of the opportunity pipeline. component of the opportunity pipeline.
• What is the reserve capacity that line?
• <00:33:59.200> for keep uh enough spinning reserve for keep uh enough spinning reserve for
• have to have a certain amount of reserve have to have a certain amount of reserve capacity<00:34

Keywords: 958, all

Summary: The Artificial Intelligence Task Force held its third meeting and adopted the prior minutes after a motion and second. The main presentation came from John Bevington of LG&E and KU, who described the utility’s Kentucky service territory, its vertically integrated operations, and its role in economic development. He said the company supported 76 projects in 2024, representing about $3 billion in announced investment and roughly 3,000 jobs, and noted that about 45% of statewide investment announcements were in its service area. He also outlined a large project pipeline of about 8.5 gigawatts, with data centers making up roughly two-thirds of that interest. Bevington explained that data center siting differs from traditional manufacturing site selection because it is driven primarily by transmission access and grid capacity rather than a process of eliminating locations. He said large data centers must locate near transmission lines, that utilities must conduct formal studies to ensure existing customers are not harmed, and that the buildout timeline for utility infrastructure is much longer than for data centers. He cited a Deloitte study and other industry data to argue that power constraints and timeline mismatches are the biggest challenges, while also emphasizing that data centers can generate significant construction activity, indirect jobs, and tax revenue. He said Kentucky’s sales tax exemption for data centers was a key enabler that increased interest in the state. Members asked about the number and size of potential data center projects, how Kentucky compares with other states, and whether regulatory reform is needed. Bevington said the 20 projects in Kentucky reflect current interest, that other states such as Ohio have had similar incentives for years, and that Kentucky is still early in the market. He also said data centers can vary in size, from 200 to 600 megawatts or more, and that they can be located anywhere with sufficient transmission capacity and, in some cases, access to workforce and roads. In response to concerns about energy supply, he said LG&E and KU are pursuing an “all of the above” strategy, including solar, batteries, and new natural gas combined-cycle units, and noted ongoing and proposed projects totaling additional capacity if approved by the Public Service Commission.

Transcript Highlights:

• , no built-in state financial reserves, no built-in state aid,<00:10:39.920> and<00:10:40.160>
• Um we do a lot of chemical components.
• ><00:33:19.679> largest Reservation, we are the largest Reservation, we are the largest land-based
• <00:33:52.559> This businesses on our reservation. This businesses on our reservation.
• ,<01:01:39.200> water the water storage components, water the water storage components, water

Bills: HF568, HF433, HF1689, HF3135, HF3137, HF3145, HF2887, HF2819, HF2802, HF2664, HF2267, HF799, HF800, HF3049, HF296, HF580, HF1438, HF1237

Keywords: special education, education funding, construction, Minnesota, regional educational programs, HF433, Cloquet Area Fire District, fire station, capital investment, bonding bill, state bonds, general obligation bonds, public safety, emergency services, fire protection, local infrastructure, Minnesota capital budget, DEED grant, municipal facilities, station construction

Transcript Highlights:

• Anyone voting with reservations? reservations? reservations?
• reservations? Anyone voting? reservations? Anyone voting?
• with reservations. Anyone voting no. with reservations. Anyone voting no.
• <00:58:34.319> Reservations<00:58:35.119> for with reservations.
• Reservations for with reservations. Reservations for Representative<00:58:36.200> Shmezu.

Keywords: 910, house, all

Summary: The Committee on Judiciary and Hawaiian Affairs held a resolutions hearing on April 1, 2025, and considered a series of measures largely focused on housing, domestic violence, corrections, Native Hawaiian issues, and public safety. Early items included HCR 158 HD1 and HR 153 HD1, which request a Judiciary-led working group to improve landlord-tenant code provisions to increase housing supply; Hawaii Realtors testified in strong support, and there was no opposition. The committee also heard HCR 55 and HR 51 on studying the effectiveness of domestic violence, restraining order, and stalking laws. The Honolulu Prosecutor’s Office said some requested data may exceed judicial authority but that useful Judiciary data exists, while the Hawaii State Coalition Against Domestic Violence supported the intent but urged broader, better-funded, survivor-inclusive analysis across all counties and islands. Members asked for clarification on the proposed draft, and the witness emphasized narrowing the scope, including stalking, and extending the timeline. The committee then took up HCR 23 HD1 on the new Oahu Community Correctional Center. The Public Defender supported adding a courtroom but objected to language about transporting released detainees away from residential communities or public spaces as unconstitutional; the Department of Corrections and Rehabilitation supported the measure and said one multipurpose courtroom would be sufficient, and that most released inmates are picked up by family or programs, with others transported to a bus depot. HCR 174 HD1/HR 170 HD1, on in-school based learning programs for youth in the juvenile legal system, drew strong support from Debt Free Justice Hawaii, which said the resolution was youth-led and could help replace fees and fines with community service and rehabilitation opportunities. HCR 185, on an audit of proposed mandatory health insurance coverage for Native Hawaiian healing and cultural practices, received comments from Pāpa Lokahi supporting the concept but warning that reimbursement issues are complex, that the community should restart broader conversations, and that the measure should not be rushed or unfunded; members questioned whether the resolution was the right vehicle and whether it could affect ACA implementation. Several Native Hawaiian and community measures were also heard. HCR 147/HR 147, creating a legislative working group on Department of Hawaiian Home Lands funding, had support from DHHL and the Democratic Party of Hawaii. HCR 193 HD1/HR 186 HD1, on transferring Native Hawaiian burial site management to OHA, was strongly supported by OHA, which also proposed adding recognized lineal and cultural descendants to the working group membership; the committee noted multiple supporting testimonies and no opposition on the House draft. HCR 8/HR 8, urging DOJ inclusion of Hawaii in the missing and murdered indigenous persons outreach program, was supported by OHA, which cited a task force report showing Native Hawaiian women and girls make up over 40% of missing persons cases despite being about 10% of the population. HCR 124 HD1/HR 120 HD1 on Hawaiian language resources had no testimony. HCR 180 HD1 on collaborative homelessness response drew comments from the Statewide Office on Homelessness and Housing Solutions and three support testimonies. HCR 72/HR 65 on county ethics standards also drew support only. HCR 100/HR 96 on competency in LGBTQ+ and culturally specific gender identity training received support from the Hawaii Civil Rights Commission and the Hawaii State LGBTQ+ Commission, which stressed the need for training that reflects Native Hawaiian and other Polynesian understandings such as mahu and fa’afafine. The committee continued with additional measures that were mostly noncontroversial. HCR 30/AHR 29 on enforcement against out-of-state vehicles had support from the Department of Transportation. HCR 43 HD1, studying highway patrol and speed cameras, had one opposition testimony. HCR 119 HD1/HR 115 HD1, endorsing Taiwan’s international participation and a U.S.-Taiwan trade agreement, was supported by DBEDT. HCR 62 HD1 and HR 57, on flying the National League of Families of American Prisoners and Missing in Southeast Asia flag year-round at the Capitol, had no testimony, though DBEDT supported the related measure. Throughout the hearing, members generally asked few questions, and the transcript reflects testimony, comments, and stated positions rather than any final committee votes or deferred actions.

Transcript Highlights:

• We will reserve your right to close and move to public testimony.
• We'll reserve your right to close. We'll move to public testimony. Just call four.
• Private fundraising is an essential component of our program.
• All right, we just show one reserved. We're right to close, of course.
• I welcome any questions and respectfully reserve the right to close.

Bills: SB670, SB1388, SB627, SB912, SB269, SB528, HB2711, HB4819, HB5248, HB4175

Keywords: SB 670, investigational sun protection products, sun protection, sunscreen, FDA approval, clinical trial, phase one trial, patient access, informed consent, physician prescription, Texas Health and Safety Code, Texas Medical Board, compassionate use, experimental treatment, medical freedom, patient autonomy, healthcare regulation, dietitian, dietitians, licensed dietitian

Transcript Highlights:

• Chair, Senator Woods, there are three components to this bill creating the fund.
• Chair and Senator Lanier, we have a number of... water rights in the reserve currently.
• Senator, we do have water in the reserve for compact compliance. You are correct about that.
• So no, we would not be expanding our purposes for the reserve. We would not be essentially...
• I am the Strategic Water Reserve. I mean, if we really get into the desal... Part of this, right?

Transcript Highlights:

• Regulating the role of reserve officers: Examine the reserve peace officer practices used in departments
• They have the reserve license.
• They have the reserve license.
• So the honest reserves, we understand that. Most of these reserves...
• So I believe in the value of reserve officers. This is not about the reserve program.

Keywords: 1185, senate, all

Transcript Highlights:

• Woto is voting with reservations, Rep. Chan is voting with reservations, Rep.
• Thank you. voting with reservations um rep Chan is voting with reservations um rep Chan is I<01:42:19.679
• Are there any other reservations?
• Any reservations? Seeing none, your recommendation is adopted.
• Any reservations? Rep. Kong has noes. Are there any other noes? Are there any with reservations?

Keywords: 910, house, all

Summary: The Consumer Protection and Commerce Committee met on February 12 and heard several bills. HB 97, relating to travel insurance, drew only brief testimony: the Insurance Division stood on written testimony, one industry witness supported the bill and requested a minor amendment, and no one else testified or asked questions. HB 226, relating to window tinting, received support from the Department of Transportation, while the Honolulu Police Department offered comments on the proposed amendments, asking for clearer language on what it means to roll windows down, when the requirement applies, how it handles bad weather, and what sanctions would apply for noncompliance. No further testimony was offered on that measure. The committee also heard HB 1179, relating to rural emergency hospitals. The Department of Human Services stood on written testimony, and Maui Health Systems strongly supported the bill, saying it would help critical access hospitals better serve kūpuna and provide long-term care beds. There were no questions or additional testimony. HB 420, relating to remedies and the contractor repair act, generated extensive and sharply divided testimony. Opponents, including attorneys representing homeowners and AARP Hawaii, argued the bill was anti-consumer, would weaken homeowners’ ability to recover for construction defects, and would shift costs and risk to consumers. Supporters, including builders, realtors, the Chamber of Commerce, and D.R. Horton Hawaii, said the bill would create a more balanced and efficient process, reduce unnecessary litigation, and help builders address legitimate defects more quickly. Testimony on HB 420 focused heavily on whether the contractor repair process and class actions help or hinder repairs. Opponents said the bill would delay or limit homeowner recovery, especially for life and safety defects, while supporters said current class-action litigation can prevent direct communication with homeowners and slow repairs. Committee members asked questions about when communication with homeowners stops and whether repairs could be made before a class is certified. No votes or final committee actions were taken during the portion of the meeting provided.

Transcript Highlights:

• Our own audits will be more comprehensive as opposed to just a component of a...
• Our own audits will be more comprehensive as opposed to just a component of a DMR audit.
• There's no rigs on the reservation. That's the best rock in the world. This is Tier 2...
• No rigs on the reservation. That's the best rock in the world.
• , the movements in and out of that all have a big component.

Summary: The committee took roll, approved the March 18 minutes, and then received a compliance-report update on the Industrial Commission and related funds and programs. Staff reviewed the status of one-time appropriations and grant programs, including electric grid resiliency, lignite research, enhanced oil recovery, the Clean Sustainable Energy Authority, the salt cavern business-case study, and the new NDSU research and technology park grant. Members asked about funding balances, reimbursement timing, matching requirements, and how some commitments would affect the State Investment Fund and future biennia. Industrial Commission staff then gave a broader update on the agency’s administrative office, grant management system, leadership transitions at several commission agencies, and active grant rounds. They reported that the grant management system is nearing completion, that several agency leadership searches have concluded, and that the commission’s grant programs currently have 108 active grants totaling more than $165 million. They also described the Clean Sustainable Energy Authority round, the oil and gas research program’s enhanced oil recovery awards, the grid resiliency grants, the salt cavern study, and the research technology park program, noting that some projects are awaiting federal funds or additional matching cash. Ron Ness, speaking for the Oil and Gas Research Council, focused on the state of the oil industry and the enhanced oil recovery “Bakken 2.0” effort. He said production remains steady, but future growth depends on better infrastructure, longer laterals, and new EOR methods such as CO2, natural gas, and surfactants. He emphasized the importance of the Bakkeneast pipeline and related gas-utilization projects, the recent DOE funding that will return some money to the research council, and the need to modernize tax and incentive rules for CO2-based recovery. Members discussed the potential economic benefits for oil, agriculture, and manufacturing. The Bank of North Dakota then presented its compliance report and a broader strategic update. Bank leadership reviewed the bank’s mission, governance, participation lending, student lending, disaster programs, and legislatively directed programs, and said the bank is managing for a flatter deposit base and stronger liquidity because of fintech competition and changing market conditions. They reported improved earnings, with net income rising to about $231 million, and described Rough Rider Coin as a new internal payment rail for North Dakota banks and credit unions, not a public cryptocurrency. Members asked about student loan eligibility, disaster lending, and the bank’s capacity to support state programs while maintaining its balance-sheet and liquidity requirements.

Transcript Highlights:

• Certainly, there's a federal component, but the bulk of our funding is from the state.
• In closing, I just want to share some statistics about the Leech Lake Reservation.
• The Leech Lake Reservation was established by the Treaty of 1855.
• Meanwhile, school trust lands Within the boundaries of the Leech Lake Reservation, there are 142,274
• trust parcels within the boundaries of our reservation.

Bills: HF1587, HF2293, HF2218, HF1208, HF1482

Keywords: HF1587, Cass County, Minnesota Department of Natural Resources, DNR, condemnation, eminent domain, state land, surplus land, public waters, tribal land transfer, federally recognized Indian Tribe, tribal ownership, land conveyance, no consideration, land appropriation, natural resources, U.S. Highway 2, Section 27 Township 145 North Range 28 West, land return, Tribal sovereignty

Transcript Highlights:

• So when a CCO earns money, it tends to go in a reserve fund.
• Okay, so just to reiterate, they have to have a certain amount in their reserves. They must.
• There's a few different components.
• There's a few different components.
• Really, there's sort of three big components. First is cost trend.

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.

Transcript Highlights:

• That also, the state has benefited from strong cash reserves.
• Right now, we have significant reserves, and that is a good thing.
• Right now, we have significant reserves, and that is a good thing.
• Right now, we have significant reserves, and that is a good thing.
• <03:15:38.479> of under the $60 million component of under the $60 million component of invest

Keywords: 928, house, all

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

Transcript Highlights:

• Of the members present, are there any objections or reservations?
• Members, noting the presence of all members, any members voting with reservations or nays, but all others
• objections or reservations? objections or reservations?
• or nays, but all others reservations or nays, but all others voting<00:05:01.360> aye,<00:05:
• A TOD is housing and a retail component because, right, it's a walkable community.

Keywords: 912, senate, all

Summary: The joint committees on Housing, Energy and Intergovernmental Affairs, and later Water, Land, Culture and the Arts and Housing, heard several resolutions related to affordable housing and the East Kapolei transit-oriented development area. SCR 48 and SR 47 proposed declaring that affordable housing credits are perpetual until redeemed, and testimony from DHHL, OPSD, and NAIOP Hawaii supported clarifying that intent. The committees voted to pass SCR 48 and SR 47 unamended. The committees then considered SCR 107 and SR 101, which were amended to make clear the resolution applies only to the City and County of Honolulu and will be carried out in collaboration with the Department of Housing and Land Management and the Department of Planning and Permitting. Those measures were recommended for passage with amendments and adopted by the committees. In the later joint hearing, SCR 68 and SR 63 addressed the East Kapolei TOD project, urging DLNR to transfer certain parcels to HHFDC and urging HHFDC to work with HCDA on the non-housing portions of the project. Testimony from DLNR, HHFDC, HCDA, and DHHL focused on the balance between housing and revenue-generating or light industrial uses, the need for an EIS and market study, and the possibility of MOAs to memorialize agreements. After discussion, the committees amended the resolutions to prioritize rental housing as well as for-sale housing and to require MOAs before the board, then passed SCR 68 and SR 63 with amendments by unanimous votes.

Transcript Highlights:

• and they came out with these component and they came out with these component items.<00:45:57.520
• funds years in a row. our our reserve funds years in a row. our our reserve funds that<01:31:09.280
• components of the adequacy form amount. components of the adequacy form amount.
• <03:36:39.279> for other components of adequacy? for other components of adequacy?
• that you've added another component into that you've added another component into the<04:01:35.199>

Keywords: 1189, house, all