Video & Transcript : 'price estimates' :
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ID
Idaho 2026 Regular Session
Agenda Feb 6th, 2026
Transcript Highlights:
- Price. Hetsky, Manwaring, Mitchell, Price, Bruce, Bruce, Harris, Green. Thank you.
- Petsky, Manwaring, Mitchell, Price, Bruce, Bruce, Harris.
- And Elaine Price, thank you, Representative Price. Excuse me. Thank you for your careful eyes.
- Price. No. Aye. Harris. Green. Bruce Harris. Green. Senator Woodward goes nay.
- Price. Aye. Roofs. Harris. Would anyone like to change his or her vote?
Summary:
The committee met in Joint Finance-Appropriations to review budget mechanics, the green sheet, and several budget-related bills and statewide decisions. Staff explained how the green sheet tracks FY 2027 impacts and reviewed bills including HB 503 (soil and water conservation consolidation savings), HB 556 (county jail per diem reimbursement increase), HB 559 (tax conformity with a large general fund impact), and HB 578. Members also discussed the 2026 Idaho Budget Rescissions Act, which would reduce FY 2026 appropriations under different scenarios, and the committee heard extensive debate over whether to use across-the-board reductions or more targeted cuts.
After debate, the committee first adopted the substitute rescission motion for FY 2026, which set a 1% additional reduction above the governor’s recommendation, then approved a related motion transferring $22,366,500 from the Public School Income Fund to the General Fund. The committee then moved to statewide decisions and considered ongoing base reductions for selected state agencies. Three motions were offered: the governor’s recommendation, an additional 1% reduction, and an additional 2% reduction. After debate, the original governor’s recommendation passed on a 13-7 vote, while the 1% and 2% alternatives failed.
The committee then turned to personnel benefit cost increases, including health insurance and other employer-paid benefits. Staff explained the different funding formulas and agency-specific fill-rate adjustments, and members raised concerns about the role of the Change in Employee Compensation process, salary savings, and whether the figures should be tied to future rather than current-year projections. Motions were offered for the DOGE working group recommendation and the governor’s FY 2027 recommendation for health insurance and variable rate changes, but the discussion was still ongoing when the transcript ended, with no final vote shown on those motions.
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Licensing, Occupations, & Administrative Regulations (6-18-25)
Transcript Highlights:
- That's about in the price of a new home.
- </c><00:04:47.680><c> out</c> uh what they call their priced out uh what they call their priced out model
- </c><00:05:09.280><c> Uh</c> talk over the estimated impacts. Uh talk over the estimated impacts.
- We estimate that saving about uh years.
- So, I afford that kind of uh price tag.
Summary:
The committee first heard a presentation from Northern Kentucky building industry representatives Brian Miller and Matt Mains on housing affordability and construction workforce issues. They argued that regulatory and code requirements add significant cost to new homes, citing an estimate of nearly $94,000 per home nationally and $15,000 to $20,000 per home in Boone County over the past decade. They recommended reforms to building code adoption, architectural design mandates, permit fees and delays, and setback/land dedication rules, saying these changes could reduce costs by $25,000 to $35,000 per home without affecting public safety. They also discussed workforce training efforts through the Enzwe Building Institute, dual-credit programs, apprenticeship incentives, and workforce grants, saying these efforts have helped hold wage growth below regional trends and improve housing affordability.
Committee members asked about the breakdown of regulatory costs, the effect of energy codes, and ways to speed up permitting. The presenters said the costs were roughly split among federal, state, and local requirements, with local regulations adding about $25,000 to $35,000 and some energy-code changes adding about $19,000 per home. They said faster plan review, coordination with the Kentucky Division of Water, and addressing municipal staffing shortages could cut 30 to 45 days from approvals. Members also discussed the difficulty of building starter homes under about $350,000 and the need for more missing-middle housing, with the presenters saying such homes are hard to produce without sacrificing quality.
The committee then took up Representative Kim Moer and Dr. Dale Bertram’s discussion of marriage and family therapist licensing and healthcare workforce data reporting. They explained that the bill would allow Kentucky to recognize out-of-state marriage and family therapists who meet licensure requirements, have no disciplinary history, and have passed the national exam, in order to reduce barriers and address provider shortages, especially in rural areas. They also described a separate workforce data reporting section that would require licensure boards to collect consistent information on where licensees practice and whether they are actively seeing patients, including through telehealth, so the state can better understand its healthcare workforce. Members supported the portability idea, noted that some qualified applicants are currently working in Indiana instead of Kentucky, and asked whether the data collection could be handled administratively; the sponsors said the bill would create consistency across boards. The committee also briefly discussed occupational board updates and the need for stronger communication between legislators and licensing boards, including architecture licensure issues and efforts to recruit more professionals.
LA
Louisiana 2026 Regular Session
Natural Resources and Environment Mar 18th, 2026
Transcript Highlights:
- price of oil.
- And there's an academic literature that suggests that this is an unbiased estimate of that future price
- And then when the price goes down, And then when the price goes down, the price of oil goes down, it
- between the price of the input and the price of the output.
- And so during the 2000s, you had both high prices as well as high volatility of prices.
Summary:
The House Natural Resources Committee met with a quorum and first took up several property-transfer bills. House Bill 110, authorizing transfer of certain state property in St. Tammany Parish for a pocket park in Mandeville, was reported favorable without objection. House Bill 634, transferring state property in St. Martin Parish to Brownell Land Company LLC, was also reported favorable. House Bill 677, allowing the Tensaw Parish School Board greater flexibility to exchange school land for property of equal or greater value with certified appraisal requirements, was reported favorable after questions about the location and purpose of the exchange. House Bill 735, a cleanup bill transferring property from DOTD to LSU Health Shreveport to support expansion and parking near Mall St. Vincent, was likewise reported favorable.
The committee then held an informational hearing on the effects of the Iran conflict on Louisiana’s energy sector. Secretary Dustin Davidson said the conflict has driven oil prices sharply higher, with consumers bearing the cost through higher gasoline and especially diesel prices, while producers and refiners may see short-term gains. He warned that diesel increases can signal broader economic slowdown and discussed global shipping disruptions, the Strait of Hormuz, and Saudi Arabia’s response. Members asked about Louisiana’s ability to benefit from higher prices, the timing of increased drilling, and the role of carbon capture and infrastructure investment. Davidson said higher prices could support more drilling and severance tax revenue if sustained long enough.
Industry witnesses Tommy Fochay of LOGA, David Cresson of the Louisiana Chemical Association, Mike Moncla of LOGA, and LSU energy economists Greg Upton and Tyler Gray emphasized Louisiana’s role as a major LNG exporter, refiner, and petrochemical hub. They said geopolitical shocks create volatility, but Louisiana’s abundant natural gas, infrastructure, and export capacity position the state to help meet global demand. They urged stable policy, competitive taxes, pipeline and workforce investment, and caution on regulations. Upton and Gray presented data showing oil price spikes are likely temporary, futures markets expect prices to ease over time, rig counts respond with a lag, and Louisiana natural gas prices have remained relatively insulated so far. The committee adjourned after the presentations and questions.
WA
Washington 2025-2026 Regular Session
Senate Business, Trade & Economic Development Feb 18th, 2026
Transcript Highlights:
- This is the first price increase in 10 years.
- This is the first price increase in 10 years.
- AARP estimates that we have about 800,000 family caregivers here in the state.
- I mean, the average loan price. The majority of our loans are $200 or below.
- Because I'm looking at all the other costs—phone bill, gas prices, electric, keep the lights on...
Summary:
The Senate Business, Trade, and Economic Development Committee heard public testimony on several House bills. HB 2624 would expand an existing exemption in the solicited real estate transaction law to allow public entities to solicit and buy real property for any public purpose, and also for Indian tribes and nonprofit nature conservancy organizations; the sponsor said the bill is meant to fix an omission from last year’s law, while a forest landowners group opposed it as creating a loophole for low-ball offers to vulnerable owners, and Trust for Public Land supported it as a different kind of transaction with existing appraisal and public-process protections. HB 2334 would create a cash-transaction rounding system to address the end of penny minting; staff said rounding would apply after tax and be permissive for sellers, with immunity and preemption provisions, and retailers and grocery groups supported it as a practical solution to penny scarcity, while members asked about signage and mixed-tender transactions.
The committee also heard HB 1269, which would shorten pawn loan terms from 90 to 60 days, raise interest and fee caps, increase storage fees, and allow online payments for extensions. Pawn industry witnesses and the sponsor said the changes are modest, overdue, and needed to reflect inflation and operating costs while serving unbanked customers; some senators questioned whether the combined changes would more than double costs for borrowers, and industry witnesses said they were willing to work on the numbers. HB 2428 would require insurers to send advance lapse notices for individual life insurance policies to policyholders and a designated third party, with proof of delivery, to prevent unintended lapses; the sponsor, the Insurance Commissioner’s office, life insurers, AARP, and a business group all supported the consumer protection goal, though insurers noted added compliance costs and the bill’s delayed effective date for new policies.
Finally, the committee heard HB 1078 on pet insurance, which would bar cancellation or nonrenewal based on a pet’s age or conditions that develop during the policy term and would restrict certain affiliate-policy transfers; the Insurance Commissioner’s office strongly supported it as a consumer protection measure, and staff noted a fiscal impact estimate and a new fiscal note request. The committee also took testimony on HB 2624 from both supporters and opponents, and on HB 2334 and HB 1269 from industry and public witnesses, but no votes were taken in the meeting. The chair closed public testimony and adjourned the committee after hearing all scheduled bills.
MN
Minnesota 2025-2026 Regular Session
House Transportation Finance and Policy Committee 3/10/25
Transportation Finance and Policy
Transcript Highlights:
- or even below the lowest estimate.
- </c> duth uh original 2011 mindat estimates duth uh original 2011 mindat estimates place<00:55:22.839
- </c><00:56:11.000><c> annual</c> and in that study the estimate annual and in that study the estimate
- </c><00:56:28.839><c> or</c> been on the lower end of estimates or been on the lower end of estimates
- uh</c><01:04:40.359><c> it</c> their estimates um the estimate uh it their estimates um the estimate
Committee:
House Transportation Finance and Policy
Keywords:
Northern Lights Express, NLX, Minneapolis-Duluth rail, passenger rail, intercity passenger rail, high-speed rail, Duluth, Minneapolis, MnDOT, Minnesota Department of Transportation, Metropolitan Council, transportation funding, rail appropriation, general fund, trunk highway fund, rail project cancellation, infrastructure spending, commercial driver training, CDL, financial assistance
MN
Transcript Highlights:
- But obviously um uh revenue estimate.
- It's a revenue estimate, not a fiscal note. Yeah, a revenue estimate. Thank you.
- </c> revenue estimate not a fiscal note. revenue estimate not a fiscal note.
- </c><00:58:31.760><c> We</c> Yeah, a revenue estimate. Thank you. We Yeah, a revenue estimate.
- </c> higher prices for goods and services. higher prices for goods and services.
Committee:
Senate Taxes
FL
Florida 2025 Regular Session
March 27, 2025 - 12:30 PM
Transcript Highlights:
- The price of health insurance has gone up.
- And that's what we rely on estimates.
- And that that growth was estimated to be about 7%.
- And that that growth was estimated to be about 7%.
- And so this does give a revenue estimating conference estimate that the bill will have a recurring impact
Summary:
The Ways and Means Committee met on March 27, 2025 and first considered HJR 1257 and its implementing bill, HB 1259, which would create two $25,000 property tax exemptions and an assessment cap for long-term rental properties owned by Floridians who also have a homestead in the state. Supporters argued the measure would increase long-term rental supply and help Florida residents, while opponents from counties and cities warned of a large revenue loss, potential tax shifts to businesses, and weak guardrails against abuse. Members raised concerns about wealthy owners holding many condos, possible family-member workarounds, and whether savings would actually reach tenants. The committee adopted an amendment to the implementing bill, then reported both measures favorably after party-line-leaning debate and recorded votes.
The committee then unanimously reported HB 761, which limits deferred ad valorem and non-ad valorem tax relief to properties with a just value of $1 million or less and raises the minimum tax certificate sale amount from $250 to $500. Members also unanimously approved CS/HB 733 on brownfields, which expands and clarifies the state brownfields program, and two Osceola/Sunbridge local bills, CS/HB 4043 and HB 4059, dealing with special district infrastructure and district boundary expansion subject to voter approval. HB 995 on Areas of Critical State Concern, focused largely on the Florida Keys, was amended to remove the ad valorem tax exemption portion and to adjust the growth cap from 500 to 825 units, then was reported favorably.
Later, the committee approved HB 6021, which repeals sales tax on all bullion purchases of gold, silver, and platinum, with supporters calling it a sound-money measure and critics asking about future revenue effects if related legal-tender legislation passes. Finally, the committee passed HB 1339, which excludes wind-damage mitigation improvements from assessed value for property tax purposes, after adopting a clarifying amendment about secondary water barriers. Throughout the meeting, most bills were reported favorably, often after brief debate and with little or no public testimony beyond support or opposition from affected local-government and industry groups.
FL
Florida 2025 Regular Session
March 20, 2025 - 11:30 AM
Transcript Highlights:
- The State Group Insurance Revenue Estimating Conference, or REC, takes place twice a year.
- So have we looked at, in the formulary, creating those where we get best rebate prices?
- I mean, how do you feel if that's kind of the price put on your kid's life?
- I hope you don't come down on your prices. And I will definitely be a yes vote today.
- And now we're talking about consumer price index or median home price index or some other multiplier.
Summary:
The Budget Committee met with a quorum and took up several bills. HB 677, relating to state-covered fertility preservation for employees undergoing cancer treatment, was introduced as coverage for egg and sperm preservation for up to three years, with an estimated fiscal impact of about $813,000. After brief questions and no public testimony or amendments, the bill passed unanimously and was reported favorably. The committee then considered CS/HB 59, which would reform Florida’s wrongful incarceration compensation process by extending the filing deadline from 90 days to two years, removing the clean-hands requirement, and allowing exonerees to choose between the state compensation process and a civil lawsuit; it was supported by the City of Flagler Beach and passed unanimously. CS/HB 1313, which recreates the Resilient Florida Trust Fund in the Department of Environmental Protection before its scheduled termination in 2025, also passed unanimously after supportive testimony from advocacy groups.
The committee received a lengthy presentation from the Department of Management Services on the State Group Insurance Program and the recent Revenue Estimating Conference. The presentation covered enrollment, revenues and expenditures, rising medical and pharmacy costs, emergency room utilization, GLP-1 drug spending, and options for tighter formulary and utilization management. Members asked about ER cost growth, GLP-1 coverage and copays, PBM oversight and potential conflicts, avoidable ER visits, cancer screening claims, dental and vision costs, specialty drug biosimilars, and possible savings from more restrictive pharmacy models. DMS said it would follow up on several questions and noted ongoing work on cancer coordination, preventive screening, biomarker testing, and a proposed member-facing benefits platform.
The committee also heard extensive testimony on HB 301, which would raise sovereign immunity caps from $200,000 per person and $300,000 per incident to $1 million and $3 million, align limitations periods with private claims, and allow government entities to settle above the caps without a claims bill. Local governments, school-related entities, and county and city associations opposed the bill, warning of major fiscal impacts, higher insurance costs, and pressure on services; several speakers urged smaller increases or a tiered approach. Proponents, including families affected by catastrophic injury or death, argued the current caps are too low and the claims bill process is inefficient and unfair. After debate, the bill passed on a recorded vote, with some members voting no, and was reported favorably.
WA
Transcript Highlights:
- JLARC estimates that could cost around $285,000 per year.
- Commerce estimates needing 7.7 ongoing FTEs starting in fiscal year 2027.
- The 340B drug pricing program was designed to help safety net providers.
- The DOL estimates an indeterminate amount of cash receipts from penalties due to insufficient estimates
- This is not something we can put a price tag on.
Committee:
House Appropriations
Keywords:
postsecondary education, homelessness, foster youth, education access, support programs, commission, gender equity, boys, men, advocacy, state policy, special education, parental rights, educational access, evaluation reports, disability services, behavioral health, emergency services, health insurance, provider access
LA
Louisiana 2026 Regular Session
House Committee on Transportation and Senate Committee on Transportation Mar 3rd, 2026
Transcript Highlights:
- We've sought the person that was the cheapest price.
- Senator Price? There you go. Thank you, Mr. Chairman.
- I do agree with Senator Price, Chairman Price, that historically we've blanketed these, but as the pressure
- What's the total estimated cost of the project?
- Right now, it's estimated to be about an $8 million project.
Summary:
The joint Senate and House Transportation, Highways, and Public Works committees met on March 3, 2026, to consider several construction manager at risk (CMAR/Seymour) requests before hearing a DOTD presentation. The first item, Caddo Parish’s proposed $9.6 million pickleball park in Southeast Shreveport, drew the most debate. Members questioned whether a pickleball complex was sufficiently complex or time-sensitive to justify CMAR, whether the location was accessible to residents without cars, and whether the process could disadvantage public bidding and minority contractors. The House initially voted to deny the request, but later reconsidered and approved it after discussion about the statute and the committee’s past practice. The committee also heard a brief procedural discussion about whether the statutory factors for CMAR are exhaustive and whether future reforms may be considered in the next session.
The committee then approved several other CMAR projects with little or no opposition. Ascension Parish Sheriff’s Office received approval for an indoor shooting range, with testimony emphasizing specialized ventilation, lead control, bullet protection, and other technical requirements. Calcasieu Consolidated Gravity Drainage District No. 2 received approval for a pump station rehab/replacement project serving a large portion of Lake Charles and critical public facilities, with members citing the need to maintain drainage operations during weather events. St. Tammany Parish Hospital District No. 2’s Slidell Memorial Hospital emergency department expansion was approved based on the complexity of adding beds and renovating an operating ED, and St. Charles Parish Hospital’s entry registration/PACU renovation was also approved, with members noting the hospital exception to the CMAR threshold.
The Port of Vinton dock project in Calcasieu Parish was approved as well, with testimony stressing a tight delivery schedule tied to an LED project and the need to keep port operations running during construction. After the Caddo Parish item was reconsidered, the committee recessed briefly and then adjourned the CMAR portion of the meeting to move on to the DOTD presentation.
MN
Transcript Highlights:
- </c><00:17:30.960><c> of</c> office the price of office the price of democracy<00:17:32.919><c> is</c
- Doesn't seem like you would say the price of democracy is not too high if the price is zero.
- Doesn't seem like you would say the price of democracy is not too high if the price is zero.
- Doesn't seem like you would say the price of democracy is not too high if the price is zero.
- Doesn't seem like you would say the price of democracy is not too high if the price is zero.
LA
Louisiana 2026 Regular Session
Revenue Estimating Conference May 8th, 2026
Transcript Highlights:
- All of them have a decrease over the next several months in the price of the oil price.
- On oil prices for the current year, it's $72.69.
- I suspect they'll have a little bit higher prices.
- Well, I can't explain the DOA's estimate, the forecast.
- Same with the oil price.
Summary:
The Revenue Estimating Conference met with four members present and first approved the December 11, 2025 minutes. Members then recognized the FYI end-of-balance of $577,077,871 as non-recurring revenue. The main business was revising the state revenue forecast for FY 2026, with the Division of Administration recommending a reduction of about $113 million, driven primarily by weaker individual income tax collections, softer general sales tax receipts, and a substantial cut to corporate income tax forecasts. The Legislative Fiscal Office presented a somewhat different but still cautious outlook, and members discussed withholding rates, refund growth, corporate collections, and the effects of the franchise tax repeal and tax reform changes. After questions to the Department of Revenue about collections, refunds, enforcement, and settlements, the conference adopted the Division of Administration’s FY 2026 forecast.
The conference then reviewed the FY 2027 recurring forecast. The Division of Administration again recommended a reduction, this time about $104 million, citing continued caution on individual income and corporate taxes, while the Legislative Fiscal Office projected a net increase of about $127 million, largely from sales tax, severance, royalties, vehicle sales tax, and other revenue streams. Members discussed the practical budget impact of the revised forecasts, including the need to reduce spending and the difficulty of funding a possible teacher stipend if a constitutional amendment fails. The FY 2027 recurring forecast was adopted.
Members also adopted the long-range forecast, the proposed inflation rates for the Millennium Trust and parish severance allocation, and the incentive expenditure forecast. The incentive discussion noted that reported incentive costs reduce available revenue before appropriations, and members raised the possibility of reviewing or capping such incentives. The Treasurer’s Office then reported that the General Fund cash balance was $404.1 million as of May 5, 2026, and the interfund borrowing base was about $9.18 billion, with cash positions generally similar to the prior year. The meeting ended with a note that another REC meeting might be needed after the May 16 election, followed by adjournment.
NH
New Hampshire 2025 Regular Session
House Ways and Means (01/22/2025)
Transcript Highlights:
- </c> because people notice the price because people notice the price difference<00:18:17.039><c> and<
- </c> notice the change in the tobacco prices notice the change in the tobacco prices that<00:18:35.080
- </c> young people and the um the price young people and the um the price average<00:44:42.760><c> price
- </c> people out of the out of the estimate people out of the out of the estimate that<00:57:38.720><c
- </c> capture the wholesale price of those capture the wholesale price of those products<01:36:43.800>
Summary:
The public hearing focused on HB 290, which would raise cigarette and e-cigarette/vaping taxes and create a committee to study tobacco and nicotine tax policy. Representative Jerry Stringham introduced the bill as both a public health and revenue measure, arguing that nicotine use causes health harms and public costs, and that New Hampshire’s cigarette tax has been unchanged at $1.78 per pack since 2013. He said the bill would raise the cigarette tax by $1 per pack to $2.78, still below most New England states, and would also adjust vaping taxes, which he described as having been set as placeholder rates in 2019. He said the bill would also establish a study committee to review broader tobacco and nicotine taxation, including products such as premium cigars.
In response to questions, Stringham said the proposed cigarette tax would be roughly equal in real dollars to the 2008 rate after inflation, and he suggested that a smaller annual increase could be considered, though he believed a larger increase would have a stronger public health effect. He explained that the vaping tax structure differs between closed and open systems because one taxes a fixed hardware product while the other taxes reusable liquid, and he said the proposal would move the rates toward a more uniform approach. He also said New Hampshire would remain below neighboring states even after the increase, though members raised concerns about cross-border shopping, business impacts, and preserving the state’s competitive advantage.
Several members questioned whether the bill’s main purpose was revenue or reducing smoking and vaping. Stringham said he viewed it primarily as a public health bill, but also as a revenue measure, and said he would consider it successful even if consumption fell enough to reduce revenue. Other members emphasized personal freedom and argued the committee should focus on taxation rather than cessation, while some supported the bill as a way to capture revenue from out-of-state buyers and keep New Hampshire’s rates below surrounding states. The hearing consisted of testimony and questions only; no vote or final action was taken in the excerpt provided.
ND
North Dakota 2026 1st Special Session
Budget Section Leadership Division Mar 18th, 2026
Transcript Highlights:
- So, and they use Brent prices in their report.
- So the references in here are to Brent prices.
- I'm just going to touch on prices.
- at $70, which would put our prices at $60.
- at $70, which would put our prices at $60.
Summary:
The committee met with a quorum, approved the previous minutes, and then received an update from Senator Jonathan Sickler on the Cash Management Board’s work under House Bill 1278. He said the board has been reviewing statewide cash, liquidity, and investment practices, finding that the state generally manages money well but could improve forecasting, automation, and coordination across agencies. He highlighted that the state has about $35 billion in liquid assets and investments, with most in longer-term investments, and described a change already underway replacing more than 500 six-month CDs with a special-rate savings account to reduce administrative work. Members also discussed the impact of House Bill 1176 on Legacy Fund earnings and the possibility of future legislation to avoid losing investment returns when large transfers are made all at once. The board also noted that some agencies still hold funds outside the Bank of North Dakota system, and that this is being reviewed.
Representative Nathan Toman then updated the Task Force on Government Efficiency, saying the group has focused on how to measure whether programs are actually working. He said the task force has not yet proposed legislation, but the administration has agreed that new and expanding programs should answer five questions, including who is affected, what outcome is expected, whether there is another way to do it, and how success will be measured. Members discussed the need for dashboards, program evaluators, better data collection, and possible use of artificial intelligence to identify duplicate or outdated programs. Toman said the task force will continue reviewing agency workflows, with upcoming presentations from courts, the university system, the auditor, and other agencies, and that future legislation or rule changes may be needed to require performance metrics.
Phil Davis of Job Service North Dakota presented labor market and program updates. He reported that North Dakota’s unemployment rate is 2.5%, labor force participation is about 68.7%, and the state continues to rank near the top nationally. He reviewed job openings, in-demand occupations, and several workforce programs, including H-2A agricultural worker inspections, the Job Placement Partnership Program with DOCR, and virtual and in-person job fairs. Davis said the DOCR partnership has shown strong results, with lower recidivism and higher earnings for participants, and he emphasized that Job Service tracks outcomes and reports them to federal and state partners. Members asked about child care subsidies, workforce participation, agency coordination, and whether more staff are needed for H-2A inspections.
Finally, Allen Knutson presented the updated S&P Global revenue forecast. He said oil prices have risen sharply since the last update, making the revenue outlook more favorable but still volatile. S&P’s baseline forecast showed the current biennium’s four major tax collections about $89 million above the legislative forecast, and a much larger increase for the next biennium, though he cautioned that federal tax changes and oil market uncertainty could alter the numbers. In an alternate scenario using higher near-term oil prices, he estimated about $242 million more in oil and gas tax collections and roughly $120 million more for the Strategic Investment Fund. Members asked whether another forecast should be requested once oil markets stabilize and about changes in tribal oil production assumptions.
MN
Transcript Highlights:
- We'll direct members' attention to the revenue estimate.
- I will direct members' attention to the revenue estimate.
- we can Harvest is often time the price we can Harvest is often time the lowest<01:20:02.520><c> price
- </c> local elevators at less favorable prices local elevators at less favorable prices reducing<01:20
- </c> I'd like to turn to the revenue estimate I'd like to turn to the revenue estimate um<01:22:26.000
Committee:
Senate Taxes
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Transportation Jun 21st, 2026 at 01:00 pm
Joint Committee on Transportation
Transcript Highlights:
- MAPC estimates that a similar 10 to 25% tax on commercial parking in Boston, Cambridge, Worcester, and
- With an estimated 128 to 177 million third-party food delivery trips in Massachusetts just last year,
- a 50-cent assessment on these trips would generate an estimated $64 to $89 million in annual revenue
- MAP estimates that a similar 10 to 25% tax on commercial parking in Boston, Cambridge, Worcester, and
- With an estimated 128 to 177 million third-party food delivery trips in Massachusetts just last year,
Committee:
Joint Joint Committee on Transportation
Summary:
The Joint Committee on Transportation heard testimony on a range of bills focused on transportation funding, governance, and equity. Supporters backed proposals to create a North Central Massachusetts intercity passenger rail fund tied to a possible new gaming license (H. 3680/S. 2363), local parking assessments (H. 3756), third-party delivery fees (S. 2356/H. 3774), broader roadway pricing and congestion management measures (S. 2353/S. 2354), tolling equity and regional transit authority advisory boards (S. 2400/S. 2401), and Steamship Authority oversight reforms including board term limits (S. 2395). Testimony in favor emphasized new dedicated revenue sources, commuter rail expansion, regional equity, improved oversight, and better transit access for riders and communities that rely on public transportation.
There was also testimony in opposition to the third-party delivery fee bills from Chamber of Progress, which argued the fee would raise costs for consumers, small businesses, and delivery workers, could reduce demand and jobs, and might not achieve the intended environmental benefits. Associated Builders and Contractors of Massachusetts opposed H. 3633, a transit expansion, electrification, and resiliency bill, specifically objecting to its mandatory project labor agreement requirement and saying it would limit competition and disadvantage non-union contractors and workers.
Several witnesses spoke in favor of the Steamship Authority bill, saying term limits would improve transparency, accountability, and board turnover. The committee also heard detailed support for the North Central rail proposal from a legislator, the North Central Massachusetts Chamber of Commerce, and a transportation advocate, who described the bill as a way to generate long-term bonded revenue for rail infrastructure. After testimony concluded and no questions remained, the chairs entertained and received a motion to adjourn.
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee Feb 25th, 2026
Utilities and Energy
Transcript Highlights:
- times when prices are lowest.
- times when prices are lowest.
- So the actual staff estimate is about 70%.
- So the actual staff estimate is about 70%.
- Just on gasoline price spikes to highlight that that has been an issue, as you all know.
Committee:
House Utilities and Energy
TX
Texas 89th 2nd C.S.
Senate Committee on Business and Commerce Jul 29th, 2026
Transcript Highlights:
- And the price... That is premised on shortage pricing in real time.
- So that may imply a higher price or even a price at the cap. Okay, in that scenario.
- It was the pricing.
- estimate should be given.
- in the estimate.
Summary:
The Senate Business and Commerce Committee held its third interim hearing on Texas electric grid reliability and 765 kV transmission lines/private property rights. Chair Schwertner opened by noting record ERCOT summer demand of 91,089 MW and emphasized the committee’s focus on managing rapid load growth, ensuring adequate generation, and protecting homeowners, businesses, landowners, and ratepayers. The committee also adopted strict two-minute limits for public testimony and planned to hear invited witnesses first, then public testimony.
PUC Chairman Thomas Gleeson, ERCOT CEO Pablo Vegas, and OPUC Chief Counsel Benjamin Barclay testified on Senate Bill 6 implementation, large-load interconnection, transmission cost allocation, and market design. Gleeson said the PUC has adopted or is finalizing rules on net metering/co-location, large load interconnection standards, and a transmission cost recovery rule that would move from 4CP to 12CP, lengthen the interval to 30 minutes, and add a minimum demand charge to better allocate costs to large loads. Vegas explained ERCOT’s new batch process for large loads, saying it provides year-by-year capacity allocations, clearer financial obligations, and a transmission plan; he reported 205 GW eligible for Batch Zero, with 65 GW classified as baseload, 25 GW in an intermediate category, and 114 GW as allocated load. Barclay supported the changes as better protection for residential and small commercial customers, while warning that the minimum demand charge may need an exit-fee concept to address stranded costs if large loads leave.
Members pressed witnesses on whether additional market changes are needed to attract dispatchable thermal generation and whether DRS/DRRS Plus could become a capacity-market substitute. Gleeson and Vegas said the current market still favors solar, batteries, and other low-variable-cost resources, and that more incentives may be needed for gas and other thermal generation; Gleeson said the commission’s reliability standard assessment will begin this year and conclude next year with a 2029 outlook. They described DRS as an ancillary service for intraday reliability and DRS Plus as a proposed real-time revenue mechanism for thermal resources during scarcity, not a forward capacity market. Senators also questioned whether 12CP could still be gamed, whether curtailment authority under SB 6 should be expanded from EEA 2 to earlier stages, and whether the batch process should be bifurcated so traditional industrial loads are handled differently from data centers. Witnesses said the batch process is intended to prevent speculative projects from driving transmission costs, that most large-load projects are data centers, and that future rules may need to better distinguish among types of large loads.
WA
Washington 2025-2026 Regular Session
Senate Business, Trade & Economic Development Feb 18th, 2026 at 08:00 am
Business, Trade & Economic Development
Transcript Highlights:
- The Department of Licensing estimates one-time operating expenditures of $186,000 from the motor vehicle
- This is the first price increase in 10 years.
- This is the first price increase in 10 years.
- Because I'm looking at all the other costs—phone bill, gas prices, electric, keep the lights on...
- The bill is important to us because everybody knows the prices have gone up: gas, paper, ink, etc.
ND
North Dakota 2026 1st Special Session
Government Finance Committee Mar 19th, 2026
Government Finance Committee
Transcript Highlights:
- So our revenue, so far, our price has been just a little So far, our price has been just a little bit
- higher prices.
- It reflects the North Dakota price minus the discounted North Dakota price, with deducts for transportation
- That resulted in an increase in the estimated ending balance for this next biennium.
- So that is the impact on the estimated impact for the various categories listed.
Committee:
Joint Government Finance Committee
Summary:
The Government Finance Committee met with new leadership and approved the December 11 minutes. The committee first received an update from the Office of Management and Budget on the state general fund and major special funds. OMB reported revenues were tracking very close to forecast, with an estimated ending general fund balance of about $397 million, higher than previously expected. Staff also reviewed balances in the budget stabilization fund, legacy fund, foundation aid stabilization fund, social services fund, and strategic investment and improvements fund, along with oil tax collections and the current revenue picture. Legislative Council staff then summarized the special session budget changes and noted the updated beginning balance increased the projected ending balance for the next biennium.
The Tax Department presented taxable sales and purchases data by county and industry, showing overall sales tax activity remained strong, with retail trade the largest sector and several counties posting notable gains. Commissioner Kraschis then reviewed federal tax changes under the One Big Beautiful Bill Act and estimated their impact on North Dakota income tax collections, explaining that the figures were compared to the 2025 baseline and would be incorporated into future forecasts. Members asked about the overtime and tip exclusions, the senior standard deduction, and the primary residence property tax credit application count, which was running ahead of last year at more than 154,000 applications.
The committee also heard from the Department of Transportation on fee schedules, with members focusing on driver’s license fees and the fact that current fees cover only about half of program costs, meaning the highway fund subsidizes the remainder. DOT also reported on specialty plate activity, including nearly 3,900 blackout plates issued, and noted increased state fleet usage. The Information Technology Department explained its internal service fund rate-setting process and discussed possible billing simplification, including annual billing and improved invoice detail. OMB also provided data on leased office space in the Bismarck-Mandan area and state workforce counts, and Legislative Council updated the committee on legislative branch space planning. Finally, subcommittee reports noted continued work on fixed-route transit funding and regional jail capacity, including Burleigh-Morton’s new DOCR housing wing and ongoing overcrowding in state correctional facilities. No formal votes beyond the minutes approval were taken, and the meeting adjourned with the next meeting set for June 25.