Video & Transcript Research : 'pricing algorithms'

Page 140 of 367
US
Transcript Highlights:
  • flooding the market with cheap steel and cheap aluminum, and eating up America's markets, driving down prices
  • Greer seems to be supporting are going to jack up prices. crisis, cause shortages of necessities like
WY

Wyoming 2026 Regular Session

Joint Appropriations Committee, January 9, 2026

Appropriations

Transcript Highlights:
  • We're on pace to make our production and our price forecast in calendar year 2025.
  • Um, so we have a $55 Wyoming oil price forecast.
  • decreases in production but the price decreases in production but the price remains<00:23:25.679
  • <02:42:18.560> uh contract, a guaranteed maximum price uh contract, a guaranteed maximum price
  • They face higher food prices and have limited transportation.
Keywords: 916, all
MD

Maryland 2026 Regular Session

Senate Floor Session, 4/13/2026 #2

Maryland Senate Floor Meeting

Transcript Highlights:
  • <00:26:09.919> We energy prices is not something new.
  • We energy prices is not something new.
  • empower prices were going to skyrocket. empower prices were going to skyrocket.
  • And this is prices uh would go down.
  • So, as we started debate on this prices.
Summary: The Senate reconvened with a quorum and first honored Nancy Crawford with a resolution recognizing her 46 years of state service, including 20 years as Senator Pam Beidle’s chief of staff. Senator Beidle then spoke at length about her own retirement plans and public service, reflecting on her career in the House and Senate, her work on the Finance Committee, and thanking her staff and colleagues. The chamber unanimously journalized the remarks. The Senate then moved into business on House and Senate messages, including House Bill 139 and Senate Bill 311, and adopted a conference committee report on House Bill 1532, the Utility Relief/Reducing Energy Load for Inflation measure. The report was described as a broad energy and utility package that had already passed the Senate 38-4 and was said to address short-, medium-, and long-term issues, including rate relief, in-state generation, data center policy, consumer transparency, and low-income utility assistance. During debate on the conference report, the majority leader explained several changes from prior versions: no legislative ban on forecast test years, instead deferring to the Public Service Commission; removal of gas programs from Empower to avoid inequities across service territories; modest opening of the retail supply market with guardrails; and rejection of some floor amendments, including a gas line extension provision and a study amendment. The minority leader argued the bill offered only limited relief, focused too much on talking points and short-term savings, and said many bipartisan amendments were not retained. The majority leader responded that the bill would save ratepayers real dollars through provisions on utility adders, executive bonuses, FERC-related returns, and new generation, and urged adoption of the conference report.
LA

Louisiana 2026 Regular Session

Senate May 4th, 2026

Louisiana Senate Floor Meeting

Transcript Highlights:
  • Senator Price now moves that we revert to the morning hour.
  • Senator Price now moves for suspension of the rules for the purpose of calling House Bill 1017 by Representative
  • Senator Price. He didn't have an ag thing on the end that time.
Bills: SR107, SCR53, SCR54, SCR55, SCR12, HB167, HB181, HB243, HB316, HB321, HB335, HB492, HB578, HB624, HB708, HB864, HB906, HB968, HB969, HB978, HB985, HB1005, HB1032, HB1077, HB1095, HB1104, HB1118, HB1157, HB1187, HB1189, HB1195, HB1198, HB1220, HB221, HCR58, SB283, SB338, SB488, SB520, HB90, HB127, HB138, HB150, HB201, HB268, HB273, HB285, HB315, HB354, HB355, HB360, HB376, HB445, HB506, HB606, HB649, HB665, HB681, HB721, HB746, HB757, HB781, HB835, HB844, HB857, HB872, HB886, HB889, HB892, HB972, HB982, HB987, HB1037, HB1068, HB1072, HB1078, HB1085, HB1132, HB1137, HB1167, HB1174, HB1232, HB1238, SB68, SB76, SB149, SB191, SB196, SB318, SB162, SB382, SCR33, SCR30, SB112, SB194, SB307, SB341, SB346, SB363, SB495, SB503, SB507, SB509, SB513, SB408, SB131, SB145, SB333, SB464, SB466, SB500, SB35, SB65, SB215, SB228, SB246, SB249, SB268, SB269, SB282, SB296, SB312, SB319, SB323, SB369, SB431, SB474, SB484, SB490, SB492, SB501, HCR14, HB537, HB652, HB653, HB661, HB726, HB756, HB851, HB964, HB966, HB34, HB35, HB48, HB474, HB553, HB758, HB852, HB10, HB16, HB36, HB44, HB46, HB52, HB61, HB78, HB98, HB102, HB124, HB126, HB131, HB135, HB141, HB142, HB164, HB170, HB171, HB179, HB194, HB231, HB245, HB280, HB292, HB294, HB297, HB305, HB336, HB337, HB351, HB436, HB594, HB789, HB956, HB957, HB995, HB1040, HB50, HB117, HB120, HB122, HB139, HB148, HB149, HB185, HB199, HB247, HB271, HB286, HB301, HB358, HB359, HB384, HB413, HB428, HB450, HB462, HB547, HB613, HB631, HB657, HB669, HB675, HB680, HB691, HB712, HB716, HB720, HB723, HB727, HB728, HB735, HB747, HB759, HB825, HB842, HB845, HB846, HB903, HB904, HB907, HB923, HB929, HB941, HB962, HB965, HB1036, HB287, HB370, HB515, HB521, HB570, HB1200, HB119, HB129, HB677, HB850
HI
Transcript Highlights:
  • It's just because when we look at a situation like this and the price tag that it comes with for a matter
  • But when hearing of the proposed price tag for, uh, convenience, I'm a no. ...when hearing of the proposed
  • price tag for, uh, convenience, I'm a no.
Bills: SCR48
Summary: The Housing Committee met on SCR 48, which declares that affordable housing credits are perpetual and remain valid until redeemed, and asks counties to recognize them without expiration dates. Testimony was overwhelmingly supportive, with speakers saying the resolution clarifies the intent of the 2024 act and provides clear parameters for the credits. No one testified in opposition or offered questions. The committee then took up SCR 48 for decision-making and adopted the chair’s recommendation to pass the resolution as is. The measure passed with one member voting with reservations. The chair noted this was the committee’s final hearing of the year and thanked advocates, stakeholders, staff, and IT support before adjourning. The transcript also included portions of the Transportation Committee and a joint Transportation/Housing hearing. Transportation advanced SCR 31 on school bus driver licensing and workforce improvements, SCR 132 urging Honolulu to prioritize the rail extension, SCR 145 on studying a demerit point system, and SCR 110 SD 1 on evaluating state-owned logistics facilities for housing projects. SCR 110 drew support from labor groups, with a request to add labor representation to the working group. The committees adopted recommendations on those measures, including SCR 110 with amendments.
HI

Hawaii 2026 Regular Session

EIG-HHS-HOU, HOU-HHS, HOU DEFER Public Hearings 03-19-2026

Energy and Intergovernmental Affairs

Transcript Highlights:
  • While unit counts may increase, the new units are frequently priced at levels that original tenants cannot
  • While unit counts may increase, the new units are frequently priced at levels that original tenants cannot
  • While unit counts may increase, the new units are frequently priced at levels that original tenants cannot
Bills: HB1700
Summary: The joint committees on Housing and Health and Human Services, along with related committees, heard and later took action on three housing bills. HB 1700 HD1, relating to housing and expedited permitting, received support from disability advocates, including the Hawaii State Council on Developmental Disabilities and a self-advocate who said faster permitting would help people with disabilities access more independent living options. The chairs said they would add amendments to ensure expedited permitting would not compromise ADA or Fair Housing Act protections and to require reporting on the number, type, and geographic distribution of projects so the program could be evaluated over time. The measure was recommended and adopted with amendments by the participating committees. HB 1777 HD2, which would require tenant protections for residents displaced by HHFDC-supported redevelopment projects, drew support from HHFDC, the Office of Hawaiian Affairs, Parents and Children Together, and numerous other organizations. Testimony emphasized the need for a right of first offer, replacement housing payments, relocation information, and tracking procedures to reduce displacement harms, especially for Native Hawaiian and public housing residents. In decision-making, the committees amended the bill to incorporate the Senate companion measure, rename the working group as the tenant protection working group, broaden its duties, and include a $75,000 appropriation for working group expenses. The committees also noted concerns about unequal treatment between tenants in publicly supported projects and private redevelopments, and referenced the KPT low-rise redevelopment as an example where required relocation assistance still did not proceed smoothly. The bill was recommended and adopted with amendments. HB 1975 HD1, relating to kupuna housing, would repeal the sunset on the state rent supplement program for kupuna, appropriate funds to HPHA, and add positions to support the program. HPHA, the Executive Office on Aging, OHA, Catholic Charities Hawaii, AARP Hawaii, Aloha Independent Living Hawaii, and others testified in support, with Catholic Charities describing how the subsidy helped a senior remain housed through major medical issues. The committees later recommended passage with amendments, including a technical correction to the number of positions and a date fix, and the recommendation was adopted.
NM

New Mexico 2026 Regular Session

Senate - Tax, Business and Transportation Feb 17th, 2026 at 05:06 pm

Senate Tax, Business & Transportation

Transcript Highlights:
  • One is still haven't addressed the issue of those folks who are on price agreements.
  • A lot of them have no ability to raise their price.
  • That will give them some time with GSD to make pricing adjustments, which will be necessary for This
Keywords: 996, all
OK
Transcript Highlights:
  • Could we get two people for a lesser price that could do more?
  • There was a little while during COVID when steel was very. steel prices went way up.
  • And then steel prices dropped. And then we. never heard from them.
Keywords: 914, all
AZ

Arizona 2026 Regular Session

01/26/2026 - Senate Floor Session

Arizona Senate Floor Meeting

Transcript Highlights:
  • SB 1322, price regulation, abnormal market disruptions.
  • SB 1322, price regulation, abnormal market disruptions. Judiciary elections.
  • SB 1322, price regulation, abnormal market disruptions. Regulatory fares and government efficiency.
Keywords: 1182, all
Summary: The Senate opened with prayer, the Pledge of Allegiance, attendance, and approval of the prior journal. Members then recognized several guest groups and proclamations, including the Alzheimer’s Association, the Arizona Society of CPAs, the Arizona Airports Association (with a proclamation designating Arizona Aviation Day), and students from Onyose Day Academy in Yuma for School Choice Week. Additional guest introductions included school choice and community advocates. The chamber then handled executive nominations and a long list of bill introductions and committee referrals. Measures covered a wide range of topics, including veterans’ property tax exemptions, ESA reporting and spending limits, public school communications requirements, sentencing and expungement, SNAP work and audit provisions, immigration-related restrictions, water and land issues, election law, domestic relations, health insurance and fertility coverage, and several education, transportation, and public safety proposals. The Senate also moved through second-reading consideration of numerous bills and resolutions, including measures on voting security, prison sentencing, weather modification, water supply, emergency shelters, rural health, reentry programs, and foreign contributions. A large portion of the floor time was taken up by personal privilege statements focused on human rights and immigration enforcement. Senators from both parties spoke about alleged abuses by federal immigration authorities, citing deaths and injuries in several states and calling for investigations, transparency, and an end to excessive force. Separate remarks also addressed a humanitarian crisis in Iran, with a resolution read in support of human rights and the Iranian people. The chamber recessed and later reconvened to continue reading bills and announcements. No substantive floor votes on legislation were taken in the transcript beyond routine procedural actions, and the meeting ended with committee announcements and adjournment until the next scheduled session.
KY

Kentucky 2026 Regular Session

House Standing Committee on Veterans, Military Affairs, and Public Protection (1-20-26)

Veterans, Military Affairs, & Public Protection

Transcript Highlights:
  • Kentucky should not lag behind while our members pay the price with their lives.
  • And a second. while our members pay the price with while our members pay the price with their<00:06:49.759
Keywords: 958, all
Summary: The committee began with introductions of interns and then took up two bills. House Bill 34, presented by Representative Bant with testimony from Kentucky Professional Firefighters, would expand Kentucky’s presumptive cancer coverage for firefighters. The witness argued that occupational cancer is now the leading cause of line-of-duty deaths for firefighters and asked that additional cancers, including prostate, pancreatic, thyroid, breast, esophageal, and multiple melanoma, be added to the law. Members asked about the fiscal impact, which was described as indeterminable, and several members voiced support for the bill and for first responders. After discussion, House Bill 34 received a motion and second and was approved by the committee with favorable expression. The roll call showed broad support, with Representative Thomas voting no and the rest of the committee voting yes. The committee then heard House Bill 214 from Representative Wesley, which would create a disabled veterans account program to fund accessibility ramps for disabled veterans’ residences. The bill was described as covering pre-built or custom-built ramps for homes and defining eligible recipients. It also received a motion and second, passed with favorable expression, and the roll call again showed overwhelming support with Representative Thomas voting no and the remaining members voting yes. The meeting ended with an announcement about a National Guard Association legislative breakfast the next day.
FL

Florida 2026 Regular Session

Finance and Tax Nov 5th, 2025

Finance and Tax

Transcript Highlights:
  • In the last 10 years, the median price of a home in our state has more than doubled, jumping from $186,000
  • And the entry point for property taxes for that median-price home has more than doubled from about $1,900
  • presentations, I did want to introduce our And the entry point for property taxes for that median price
Summary: The Senate Committee on Finance and Tax met for its first meeting of the session, with a quorum present and several members excused. Chair Avila opened by framing the committee’s main focus as property tax relief and housing affordability, noting the complexity of any changes to Florida’s long-standing property tax structure and emphasizing the need to preserve funding for schools and local public safety. He also introduced new committee staff member Tamisha Black and thanked staff for summer work supporting analysis of potential proposals, including constitutional amendment concepts and other property tax relief ideas. Staff director Azar Khan then presented an update on the General Revenue forecast, explaining that collections remained above estimate but at a slower pace than the prior year, with recent economic indicators slightly weaker than earlier forecasts. He said the new forecast mostly reflected modest adjustments, with a notable share of the increase coming from earnings on investment rather than the usual drivers such as sales tax or corporate income tax. Khan also gave a detailed presentation on ad valorem millages, explaining the different millage types used by school districts, counties, municipalities, special districts, and water management districts; the rollback rate; TRIM notice and hearing timelines; voting thresholds for adopting higher millages; and long-term trends showing millage rates declining over time even as total taxes levied have increased. Members used the presentations to discuss property tax relief options and the relationship between local property taxes and state revenue. President Passidomo praised staff and Senator Bernard’s summer work on proposals. President Gaetz asked about converting homestead property tax revenue to sales tax and was told the rough equivalent could be around a 2.8-cent sales tax increase, though with important behavioral and distributional caveats. Senator Rouson asked about the decline in corporate income tax estimates, and Khan said it likely reflected changes in national corporate profit expectations and collection patterns, promising a follow-up. The Department of Revenue’s Lizette Kelly confirmed that TRIM data, including adopted millages, rollback rates, and maximum millage calculations, are collected by jurisdiction and can be provided to the committee. No bills were taken up and no votes occurred beyond adjournment, which was adopted by motion.
ND

North Dakota 2025-2026 Regular Session

House Human Services Apr 9th, 2025 at 10:00 am

Human Services

Transcript Highlights:
  • Number three, if a drug manufacturer denies a 340B discount or alters pricing, they must submit a written
  • Number four, disclose rebates, price protection payments, discounts, and other similar remunerations
  • Number five, disclose rebates, price protection payments, discounts, and other similar remunerations
Keywords: 908, all
Summary: The committee first addressed Senate Bill 2387, which had previously included language expanding the definition of a sexual assault victim advocate to include advocates from organizations serving victims of sexual trafficking or other sexual violence. After concerns were raised that the language could broaden participation in forensic interviews beyond appropriately credentialed organizations, the parties agreed to remove that added language. The committee then reconsidered its prior action, adopted the amendment striking the new language, and passed SB 2387 as amended on a 12-0-1 roll call vote. The bulk of the meeting focused on Representative Nelson’s proposed changes to a 340B-related bill, centered on expanding reporting and transparency requirements. His draft would require hospitals to report how 340B savings are used, and would also add reporting by drug manufacturers, pharmacy benefit managers, and health insurers on rebates, pricing, ownership interests, 340B savings, premiums, claims, and related data. Nelson argued the reporting was needed to give lawmakers better information about how the 340B program affects hospitals, insurers, pharmacies, and public costs, and noted the Department of Corrections also benefits from the program. Testimony was mixed but generally supportive of more transparency. Sanford Health Plan said it needed more time to review carrier impacts and had concerns about employer-related language and rebate reporting. The North Dakota Hospital Association supported hospital transparency and said the broader approach was appropriate because hospitals are only one part of the 340B system. Several members raised procedural concerns about the scope of the proposal and the lack of a drafted LC amendment. The committee decided not to take final action on the 340B proposal that day, instead forming a subcommittee led by Representative Hendricks, with Representatives Dobervich and Bolinske, to work with LC and return with drafted language for further review on Monday.
ND

North Dakota 2025-2026 Regular Session

House Appropriations - Government Operations Division Apr 2nd, 2025 at 10:00 am

Appropriations - Government Operations Division

Transcript Highlights:
  • And we do a lot of weed stuff, so you could allocate, let's just say it was 30% of the price of a $300,000
  • And I said, well, that's pretty high when the price of wheat is like six, yeah, six bucks or less.
  • And I said, well, that's pretty high when the price of wheat is like six, yeah, six bucks or less.
Keywords: 908, all
Summary: The committee first took up Senate Bill 2023 for the Racing Commission. Members confirmed the bill’s existing items, including the internships program and copier replacement, and then adopted an amendment based on the worksheet that moved those items to one-time funding. The committee then passed SB 2023 as amended, with the only noted differences from the Senate version being the one-time treatment of the $20,000 internship item and the copier replacement. Next, the committee considered House Bill 2011 for the Highway Patrol. Representative Pyle explained a series of verbal amendments that shifted several one-time and ongoing expenses from the general fund to the electronic permit fee fund, including body armor, preliminary breath test devices, handgun replacement, emergency vehicle operations course resurfacing, and related items, while also removing the shooting range ventilation project because it could be completed with existing funds. The committee also added a section allowing carryover authority for federal grant dollars tied to the in-car router system. After adopting the amendments, the committee passed HB 2011 as amended. The committee then discussed Senate Bill 2014 for the Industrial Commission, focusing on a proposed amendment by Representative Fisher that would direct additional percentages of North Dakota Mill net income to wheat breeding programs at NDSU’s main experiment station and branch research centers. Members asked about current funding, the size of the proposed transfers, and how the money would be used, with Fisher arguing the funds would support breeding, disease resistance, and related research. Several members said they wanted more information on existing funding and program costs before advancing the idea, so the committee held the amendment for further review and took no final action on the bill during this discussion.
MN

Minnesota 2025-2026 Regular Session

Housing Committee Meeting - 2025-04-02

Housing Finance and Policy

Transcript Highlights:
  • And I do wonder if part of that is they use it to exact large fees that end up raising the price of housing
  • think that this is a piece of policy that we can put into effect so that we can make ultimately the price
  • affordable path to homeownership, the lack of consumer protections has led to skyrocketing costs, pricing
TX

Texas 89th 2nd C.S.

Local Government (Part II) Mar 31st, 2025

Local Government

Transcript Highlights:
  • basically set up a ban on a classification of vehicles or try to starting effectively a congestion pricing
  • something that we needed to have a discussion was if we really wanted a city to set up congestion pricing
  • Well, Susan, obvious conclusion is close Congress and then implement congestion pricing because that
FL

Florida 2025 Regular Session

Regulated Industries Mar 19th, 2025

Transcript Highlights:
  • RESTAURANT RESERVATIONS AVAILABLE THROUGH ONLINE BOOKING PARTNERS AND THEY SET RESERVATIONS AT A HIGH PRICE
  • RESERVATION BECAUSE THEY'RE SELLING THEM WITHOUT THE PERMISSION OF THE RESTAURANT AT EXTRAORDINARILY HIGH PRICES
  • AND RONALD PRICE WITH NATIONAL ELEVATOR INDUSTRY, WHO IS WAIVING IN SUPPORT. VERY GOOD.
Keywords: 999, senate, all
HI
Transcript Highlights:
  • Getting a 5% reduction in bid price is a tremendous advantage for bidders, and they think it is not too
  • Getting a 5% reduction in bid price is a tremendous advantage for bidders, and they think it is not too
  • Apprentice trades provide that development aspect, and getting a 5% reduction in bid price is a tremendous
Keywords: 910, house, all
MN
Transcript Highlights:
  • older, the rent could not increase by an amount greater than the percentage increase in the Consumer Price
  • in the Consumer Price Index for urban<00:14:27.720> consumers.
  • First-time buyers, young families, and workforce households are being priced out not because the demand
  • choose what best services we need, and the utilities, while setting a fair lot rent that makes the price
  • Our energy prices are rising rapidly compared to other states.
Keywords: 918, senate, all
Summary: The conference committee on the housing omnibus bill began with member introductions and a staff walk-through comparing House and Senate provisions. House Research staff reviewed major policy differences affecting Minnesota Housing Finance Agency operations, including limits on how much the agency may retain from state appropriations for administrative costs, new reporting requirements, restrictions on transfers between appropriated accounts, and House-only language requiring annual expenditure of investment income from state appropriations. Senate provisions were also summarized, including tighter rules on when appropriations may be placed into Housing Development Fund bookkeeping accounts, updated operating-cost reporting, and Senate-only changes to how investment earnings may be used. Staff also described shared and differing provisions on program-money transfers, a lived-experience earnings exemption, and a long list of Senate-only policy changes, including manufactured home park tenant protections, low-income housing tax credit and bond-related changes, a task force on housing taxes and fees, and repealers affecting Housing Development Fund authority and certain older programs. Fiscal staff then reviewed the budget impacts. The House side included one-time appropriations for workforce housing development, family homeless prevention and assistance, a Minnesota Nice Home Share pilot, and homebuyer education, along with debt service for $100 million in housing infrastructure bonds and transfers/cancellations that produced a net zero general fund impact across the budget window. The Senate side noted a fiscal note for the housing taxes and fees task force and a smaller housing infrastructure bond authorization, with corresponding debt service costs and a total Senate budget-window impact of about $1 million in general fund debt service. After the staff presentations, the committee moved to public testimony. Commissioner Jennifer Ho of Minnesota Housing said the bill’s housing infrastructure bonds and continued support for family homeless prevention were important, and she supported the lived-experience earnings exemption, while noting concerns about the interest-earnings provisions. Testifiers from Greater Minnesota groups praised the workforce housing investments and Senate updates to the state housing tax credit and infrastructure grant program, though they suggested changes to the geographic distribution language. HOME Line urged funding for statewide tenant hotline services, citing rising demand and asking for $1 million if additional money becomes available. The Minnesota Consortium of Community Developers supported the bill’s investments and emphasized the need to pair housing development with supportive services. Housing First Minnesota praised housing infrastructure bonds and other investments but criticized the omission of the Minnesota Starter Homes Act. The Minnesota Multi Housing Association began testimony opposing certain rent-control-related provisions in the House bill. No votes or final actions were taken during the portion of the meeting provided.
HI

Hawaii 2025 Regular Session

ACT 279 WG Info Briefing - Mon Dec 1, 2025 @ 10:00 AM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • This will help home MLS before the home prices being offered through the department's turnkey offerings
  • And then that LIHTC with the option of purchase projects, so that purchase price is locked in from day
  • So you adjust your sales price to that remaining debt along with the outstanding taxes, along with the
  • is locked in from day one purchase price is locked in from day one >> well<01:13:37.040> it
  • > to<01:13:56.159> that adjust your sales price to that adjust your sales price to that
Keywords: 910, house, all
Summary: The Act 279 working group met for an informational briefing with DHHL on its use of the $600 million appropriation and progress on the department’s implementation plan. The chair reviewed the working group’s oversight role, noting that it was created to monitor expenditures, project development, and progress toward reducing the Hawaiian Homes waitlist, and that the group must submit a progress report before the 2026 session and a final report before the 2027 session. DHHL said it had provided an updated booklet reflecting the Hawaiian Homes Commission’s February 2024 recommendations and a detailed accounting of encumbrances and project progress across the islands. DHHL highlighted several implementation themes: innovative financing and construction methods, land acquisitions and exchanges, technology, beneficiary services, and partnerships with counties and private entities. The department described a “project lease” model that gives beneficiaries access to a project rather than a specific lot, with options such as turnkey homes, owner-builder, self-help, or rent-to-purchase arrangements depending on financial qualification. Officials said this approach is intended to serve lower-income beneficiaries, expand access for people on the waitlist, and allow beneficiaries to receive support services such as financial literacy and down payment assistance. The department reported that roughly $511 million had been encumbered for infrastructure, about $152.8 million for acquisitions, financing, and beneficiary services, and about $36 million in other covered costs, with about $588.9 million encumbered as of December 31 and about $120 million expected to be spent by that date. Officials said the original implementation plan covered about 2,722 units, while the updated plan projects roughly 6,000 to 7,000 leases and 2,472 lots to be occupied. They also described phase-two needs for additional funding, including projects on Hawaiʻi, Maui, Kauaʻi, and Oʻahu, and said they would need continued legislative support, including possible bonding and private activity bond set-asides, to complete remaining projects. Members discussed the distinction between encumbered and spent funds, and DHHL explained that encumbrances reserve money for specific contracts while construction spending occurs over time through progress payments. The department also showcased examples of innovative projects, including a high-rise project in urban Honolulu financed through a mix of private activity bonds, tax credits, and state funds, and an acquisition-based project in Kapaʻa, Kauaʻi using multiple funding sources. DHHL emphasized partnerships with the City and County of Honolulu and Maui County, and said it is still assessing future projects to keep infrastructure costs manageable and ensure homes are safe and affordable for beneficiaries.
KY
Transcript Highlights:
  • /c><00:10:23.600> uh<00:10:24.000> pressure<00:10:24.399> on been significant price
  • uh pressure on been significant price uh pressure on material<00:10:25.600> and<00:10:25.760>
  • So we're definitely facing those price pressures on our projects, though, and we certainly would like
  • I could probably bet you that the price I could probably bet you that the price of<01:02:49.040> black
  • <01:04:06.799> uh definitely facing those price uh definitely facing those price uh pressures
Summary: The Budget Review Subcommittee on Transportation met without a quorum and first received a maintenance update from Kentucky Transportation Cabinet officials James Ballinger and John Moore. They described how repeated disasters, including floods, tornadoes, and ice storms, have strained routine road maintenance and forced crews to focus on emergency response, snow and ice removal, pothole patching, ditching, signal repairs, mowing, striping, sign work, and other day-to-day upkeep. They said snow and ice costs have averaged about $60 million to $61 million annually in recent years, disaster response has totaled hundreds of millions of dollars over five years, and the cabinet often must carry those costs until FEMA or FHWA reimbursement arrives. They also said maintenance work is increasingly contracted out because of staffing and resource limits, and that competitive pay is needed to retain employees and contractors for around-the-clock emergency work. Members then discussed traffic roundabouts and other intersection designs. Senator Hickden asked about their cost savings and safety benefits compared with traffic signals, and cabinet staff said they would provide life-cycle cost figures later. They emphasized that roundabouts and related designs reduce serious injuries and fatalities, with serious injuries down roughly 70% to 80% and fatalities over 90% in their experience. Chair Douglas and others asked about roundabout sizing for trucks and farm equipment, and staff explained that designers tailor the inscribed diameter to local traffic needs and context. The committee also briefly discussed red-light running and traffic-light cameras, with members stressing the safety risks of drivers ignoring signals. The committee adopted the minutes from the prior meeting by motion and voice vote. It then heard from Sarah Jackson and Matthew Cole on the Real ID and driver licensing transition. They said the cabinet has expanded from almost no regional offices to 35, grown driver licensing staff from 89 to 400, and now issues about 1.3 million credentials annually. They reported improvements in office capacity, queue management, staffing, and compensation, including added workstations, new or expanded offices in Louisville, Lexington, and Bardstown, and the use of contract staff. They said statewide average wait times have fallen to just under 30 minutes, and Kentucky’s Real ID adoption rate has risen to 42.9%. Members asked follow-up questions about driver testing and CDL scheduling. The presenters said all permit and CDL testing is coordinated through Kentucky State Police, with written tests available in most regional offices and CDL testing at a smaller number of KSP locations. Senator Douglas asked when the driver testing requirements were last updated, and the presenters said that was set by KSP. The discussion ended with additional questions about which regional offices lack KSP testing presence, but no further action was taken before the transcript ended.