Transcript Highlights:

• Oil prices are influenced by many factors.
• In the out years, prices are expected to average.
• There's been a lot of focus, of course, Mr.
• That's the low price of oil scenario, and that price is approximately mid to the mid-30s for a price
• Of course, you know our entire exercise there was 20 minutes.

Transcript Highlights:

• Of course, as you know, we are here today to talk about condos.
• And of course, the maintenance issue.
• price for condo units.
• And we can see, The national median price for condo units.
• We've seen a flattening in the sales prices in Florida.

Summary: The Committee on Regulated Industries met for a panel discussion on current issues affecting Florida condominiums. DBPR Secretary Melanie Griffin highlighted the department’s expanded condo education, complaint, and ombudsman services under HB 1021, including new online resources, board member certification, increased outreach, and broader complaint jurisdiction. She said the division has filled most of its new positions and that the new condo website is intended to improve transparency and access to records and information. Other panelists focused on insurance, inspections, and market impacts. Insurance agent Mike Clarkson said the condo insurance market remains difficult, especially for older buildings, and raised concerns about roof replacement demands, Citizens’ depopulation practices, and the mismatch between reserve studies and insurer timelines. Building officials representative Ron Laceca described challenges with phase one and phase two inspections, including incomplete databases, limited contractor capacity, and the need for local flexibility and better recordkeeping. University of Florida researcher Bill Hughes said his data show the condo market has not suffered a major overall decline from the new laws; he argued the rules have made costs more transparent and may strengthen the market over time. Community association manager Jamie Ballard said the biggest pressures on associations are rising insurance costs and early roof replacement requirements, and she supported board certification while opposing the continuing education exemption for long-tenured CAMs. In committee discussion, members pressed witnesses on whether recent condo laws caused insurance and roof-cost problems, and witnesses generally said those issues are driven more by the market than by the legislation. Senators also discussed possible reforms, including better data collection, clearer reporting duties for managers, and possible changes to insurance and reserve practices. No votes were taken, and the meeting ended with adjournment.

Transcript Highlights:

• Thank you, Senator Price. Yes. Okay. Thank you, Senator Price.
• Of course. Senator Price? Yes, thank you. And I also want to commend you all for bringing this.
• Of course. Go ahead and turn it over.
• Thank you, Senator Price. Thank you, Mr. Chairman. Thank you, Senator Price. Thank you, Mr.
• Thank you, Senator Price. Okay, the board is clear.

Summary: The committee met with four members present and approved the May 7, 2026 minutes. It then considered a series of transportation, motor vehicle, aviation, port, and memorial designation bills. Several measures were reported favorably, including HB 1086 on electronic titling and digital title transfers, HB 745 extending special tandem load permits, HB 1175 updating the definition of aerospace, HB 1108 creating a Homeschool Proud license plate, HB 722 changing reinstatement procedures so certain suspended licenses are restored once fees are paid, HB 1024 creating a Louisiana Democratic Party license plate, HB 1173 giving drivers on reinstatement payment plans a three-month grace period before late fees apply, and HB 98 imposing a $25 annual royalty fee on a retired legislators’ plate to help restore the Pentagon Barracks. HB 487, dealing with red-light overtaking and an added fine, and HB 1032, a technical cleanup bill aligning DWI/drug-impairment language, were also reported favorably. HB 1050, a CDL cleanup bill that adjusts age and testing provisions and removes outdated vision-waiver language, and HB 1192, creating a Louisiana Dental Hygienist Association plate, were approved as well. HB 989, which would have raised public license tag agent convenience fees, was supported by private tag agents but drew questions about fee parity and business impacts; it was reported favorably. A separate bill on driving school pricing and refunds was deferred and turned into a study resolution after the sponsor said more stakeholder discussion was needed. The committee also advanced several memorial and infrastructure measures. HB 401 designated the Lance Corporal Justin McLeese Memorial Bridge, with members speaking about his military service and sacrifice. HB 1081 moved the Louisiana Ports and Waterways Investment Commission under the Office of Multimodal Commerce for administrative support while leaving port boards independent. HCR 63 created a task force to study whether certain active-duty military personnel could operate federally owned vehicles on state highways without a civilian license. HCR 69 urged priority improvements to the Interstate 12 corridor, especially the bottleneck and interchange areas near I-55, citing safety and evacuation concerns. SCR 58 asked DOTD to review public-private partnership practices, using the Belle Chasse Toll Bridge as a case study and focusing on lessons learned for future projects. HB 1001 designated a portion of U.S. 190 as the Jesse Jackson Memorial Highway. HB 1218 named Highway 1090 the Lewis Pett Miramon Memorial Highway, with family members and supporters describing Miramon’s wartime service and role in building Slidell. HB 1172 designated a highway segment in memory of a 14-year-old hit-and-run victim, Kulin Carrier. One major policy bill, SB 514, was amended and reported favorably. It updates Louisiana’s aeronautics statutes, transfers responsibility for aeronautics activities and facilities from the DOTD secretary to the Office of Multimodal Commerce commissioner, and modernizes the law to align with federal aviation rules and new technologies, including advanced aviation and electric vertical takeoff and landing programs. Members asked about the lengthy amendments, fuel tax language, airport development reporting, and the Transportation Trust Fund, and the sponsor and DOTD explained that the changes were largely technical and intended to keep Louisiana eligible for federal aviation funding and compliant with current standards. The committee also heard extensive testimony on HB 1244, which would add a brain-injury designation to driver’s licenses and require law-enforcement training. The sponsor and advocates described how the designation could help de-escalate encounters and improve safety for people with brain injuries; the bill was reported favorably, with members noting it could also cover broader brain-injury conditions if medically certified. After that testimony, the committee adjourned without objection.

Transcript Highlights:

• price is not set. >> Correct.
• </c> price that it the product actually is. price that it the product actually is.
• that dynamic pricing can put arguments that dynamic pricing can put more<00:07:45.360><c> products</
• </c> customers because the price is not set. customers because the price is not set.
• </c><00:08:02.400><c> point</c> right, is that there is a price point right, is that there is a price

Keywords: 1187, senate, all

Summary: Senator Erin Maye Quade discussed her package of bipartisan AI-regulation bills, saying consumer-facing AI is largely unregulated and has already caused harm to children, adults, the environment, consumer prices, and privacy. She argued the federal government has not acted, so states are stepping in, and said the issue is drawing support across party lines because the harms are affecting red, purple, and blue states alike. She described a bill aimed at AI chatbots and children, citing reports of self-harm, suicide, disordered eating, harmful behavior, and other unsafe interactions. She said chatbots are designed to maximize engagement, avoid friction, and keep conversations going, which can be especially dangerous for developing brains and can lead to explicit or boundary-pushing content without human oversight. Maye Quade also outlined bills to bar health insurers from using AI in review, evaluation, determination, or appeals processes, saying insurers already deny claims too aggressively and AI speeds up denials. Another bill would prohibit AI-driven surveillance pricing, which she said allows companies to use personal data to charge different customers different prices for the same product. A final bill would require notice when people are interacting with AI and provide access to a human, which she said is important for both routine customer service and high-stakes situations like medical appointments. She acknowledged possible court challenges but said coordinated state action could effectively create a national framework if Congress continues to do nothing.

Transcript Highlights:

• It might be internal reference pricing, or it may be external. reference pricing.
• . of prices.
• If you do not have those different pricing models, you can't price them effectively.
• If you do not have those different pricing models, you can't price them effectively.
• He's talking about European pricing.

Transcript Highlights:

• Surveillance pricing threatens our hours, and if companies automate pricing, they cut people who do that
• </c> surveillance pricing. surveillance pricing.
• tell you the price on most of them.
• Surveillance pricing and electronic shelf labels will make prices go haywire.
• will make prices go haywire.

Keywords: 919, house, all

Summary: The meeting focused on proposed Minnesota legislation to ban surveillance pricing and restrict AI-powered electronic shelf labels in grocery stores. Speakers from UFCW 1189 and UFCW Local 663, along with Rep. Samantha Sencer-Mura and Senate Majority Leader Erin Murphy, argued that these technologies could enable real-time price increases based on consumer data, undermine budgeting and privacy, and worsen affordability for families. They also said the technology could reduce hours or eliminate jobs for grocery workers who currently handle pricing and store knowledge, with UFCW Local 663 estimating about 500 affected jobs among its members alone. Testimony emphasized examples such as baby formula, diapers, bananas, and milk to illustrate how fluctuating prices could hurt families, seniors on fixed incomes, and people in food deserts. Speakers also argued that grocery workers provide essential customer service and that automation should be introduced responsibly, not at the expense of workers or consumers. Murphy and Sencer-Mura framed the bill as a response to corporate greed and big tech surveillance, saying Minnesota should act proactively before the practices become widespread. During questions, lawmakers and advocates discussed whether the issue was proactive or reactive, whether disclosure requirements like those used in New York would be sufficient, and how surveillance pricing differs from loyalty programs or coupons. Speakers said disclosure alone would not prevent tracking or price manipulation and that the goal was to stop the practice altogether. The transcript ended with the advocates saying they would continue meeting with lawmakers on both sides of the aisle; no vote or final committee action was recorded in the excerpt, though one question referenced a related bill stalling in committee earlier that morning.

Transcript Highlights:

• During Joe Biden's time in office, overall prices rose by over 20 percent, energy prices rose by over
• Employment and stable prices.
• PCE inflation prices.
• And when you look at the price...
• But when it comes to prices, Mr.

Bills: SB257

Keywords: supply chain resilience, critical supply chains, critical goods, manufacturing, domestic manufacturing, reshoring, nearshoring, supply chain security, supply chain shock, supply chain disruption, critical infrastructure, emerging technologies, semiconductors, microelectronics, artificial intelligence, quantum computing, robotics, advanced manufacturing, blockchain, cybersecurity

Transcript Highlights:

• worse with surveillance pricing.
• One after another, they are reversing course.
• Of course. Yeah. Thank you. Mr.
• Of course there are. Are there in Somerset and everywhere else? Of course there are.
• Let the bill take the usual course of past bills.

Keywords: 1146, all

Transcript Highlights:

• OF COURSE AS YOU KNOW, WE ARE HERE TODAY TO TALK ABOUT CONDOS.
• ALSO GETTING A SELF-PACED COURSE.
• THE ORANGE LINE IS REPRESENTING THE MEDIAN SALES PRICE.
• NOW WE HAVE THE MEDIAN PRICE FOR FLORIDA IN ORANGE HERE AGAIN.
• WE HAVE SEEN A FLATTENING IN THE SALES PRICES.

Keywords: 999, senate, all

Transcript Highlights:

• When supply is constrained, prices increase. Increasing supply stabilizes the prices.
• Just to remind people, of course, I think you're all younger than I am.
• Of course, like the ideal process is there's a public comment part.
• An average home, you know, the base price cost would be around $300,000 to $350,000.
• the home at a price that their buyer could afford.

Keywords: 996, all

Transcript Highlights:

• There is this huge question mark and huge uncertainty attached with, of course, the oil price.
• There is a huge question mark and huge uncertainty attached with, of course, the oil price, the Iran
• Now, these prices have run up dramatically.
• Same with the oil price.
• into this of the oil price.

Summary: The Revenue Estimating Conference met with four members present and first approved the prior meeting minutes and recognized the FYI end-of-balance of $577,077,871 as nonrecurring revenue. The main business was revising the state revenue forecast for FY 2026, FY 2027, and the long-range outlook. The Division of Administration recommended a $113 million reduction to the FY 2026 State General Fund forecast and a $104 million reduction for FY 2027, citing weaker-than-expected individual income tax collections, softer corporate income tax receipts, and some weakness in general sales tax, partly offset by stronger motor vehicle sales tax and higher mineral-related revenues tied to oil prices. The Legislative Fiscal Office presented a somewhat different but broadly similar forecast, with modest net increases to the general fund bottom line in the current year and next year, emphasizing caution on income and corporate taxes and more optimism on sales, severance, royalties, and some other revenue streams. A substantial portion of the discussion focused on the causes of the income tax shortfall, especially withholding and refund patterns after tax changes that lowered rates. Department of Revenue officials explained that withholding tables had been set with a cushion that may be producing larger refunds, and said changing the tables could quickly reduce overwithholding, though the effect would take time to show up. Members also discussed corporate collections, the lingering effects of the franchise tax repeal, the role of settlements and audits, and the extent to which collections are voluntary versus enforcement-driven. The Department of Revenue said corporate collections still had key filing and estimated-payment milestones ahead in May and June, and that refund and audit activity related to the former franchise tax would continue for some time. The conference then adopted the Division of Administration’s FY 2026 forecast, the FY 2027 recurring forecast, and the long-range forecast, along with the proposed inflation rates for the Millennium Trust and parish severance allocation. Members also adopted the incentive expenditure forecast, noting that the reported amount is only the REC-reported portion and that larger tax exemption amounts come off the top before appropriations. The Treasurer reported a General Fund cash balance of about $404.1 million as of May 5, 2026, and an interfund borrowing base of about $9.18 billion, saying cash levels were similar on average to the prior year. The meeting ended with a note that another REC meeting might be needed depending on the May 16 election, and the conference adjourned without objection.

Transcript Highlights:

• Tickets prices for major tours are often prices.
• The artist in Fenway set the highest ticket price at $400 and an average ticket price of just $125.
• Our policy caps the resale prices at 110% of the original ticket price, or a 10% increase over the original
• price.
• And that, um,... ...matching the highest price.

Summary: The Senate considered a large number of amendments to an economic development bill and adopted them one by one, with repeated brief recesses as members finalized language. Early amendments made permanent the option for hybrid public meetings and added procedures for alleged open meeting law violations, authorized speed camera enforcement in school and construction safety zones, and created a retirement credit option for part-time teachers who reduced hours to care for children. Other adopted amendments updated gateway municipality designations every three years, capped ticket resale prices and banned speculative “ghost tickets,” and addressed vulnerable road users, crumbling concrete, and a fund for seasonal communities housing. Members also approved amendments to create a new framework for responding to crimes against women, including better investigation of staged suicides and adding sex and gender to the hate crimes statute; to establish a trigger law protecting private-sector labor organizing rights if federal labor law is weakened; to create a bottom-up “Enough Act” fund to fight poverty; to allow airport restaurants and bars at Logan to operate during flight hours; and to protect seniors and adults with disabilities from financial scams by allowing temporary delays of suspicious transactions and reporting to protective agencies. Additional housing-related amendments were adopted for rural communities, residential PACE financing, and a five-community tenant opportunity to purchase pilot program. A Senate Ways and Means amendment was then adopted, the substitute draft was applied to the underlying bill, and the bill was ordered to a third reading and then passed to be engrossed. The chamber also adopted an order to reconvene the following Monday at 11 a.m. and to dispense with printing a calendar. The Senate then adjourned.

Transcript Highlights:

• , where there's no current downward pressure on home prices.
• This forced upsizing effect is proven to increase prices.
• This forced upsizing effect is proven to increase prices.
• Of course, thank you.
• I don't have the average home price of home sales in 2025, but we do know that the median home price

Keywords: 995, all

Summary: The Special Joint Committee on Initiative Petitions held a public hearing on Initiative Petition 25-03, House Bill 5000, which would allow single-family homes on small lots in areas with adequate infrastructure. Committee chairs outlined the Article 48 process and the hearing format, then heard first from two subject-matter experts. Under Secretary Chris Clutchman of Housing and Livable Communities explained that the proposal would amend Chapter 40A’s Section 3 (the Dover Amendment) to require most municipalities, except Boston, to allow single-family homes on residentially zoned lots of at least 5,000 square feet with 50 feet of frontage and access to public water and sewer, while still allowing reasonable local regulations on setbacks, height, bulk, and short-term rentals. He distinguished the proposal from Chapter 40Y starter-home zoning, said implementation would likely require regulations to address issues such as wetlands, infrastructure capacity, and nonconforming lots, and answered committee questions about lot subdivision, MBTA Communities, and the relationship to existing zoning tools. Attorney Susan Murphy testified that the petition would significantly override local zoning and could create conflicts with existing statutes, including Chapter 40A Section 6 protections for certain nonconforming lots, subdivision control law, and other residential zoning districts. She raised concerns about how “access” to water and sewer would be defined, whether the measure could apply in business or industrial districts where residential uses are allowed, and whether the proposal could allow large homes on small lots without any affordability limits. She also warned that the measure could have significant infrastructure impacts and argued that the Legislature should consider broader, more comprehensive housing legislation rather than expanding exceptions to the zoning framework. Committee members asked both experts about frontage, lot size, infrastructure capacity, and how the proposal would interact with 40Y and MBTA Communities. The proponents, led by Andrew McCulla of the Legalized Starter Homes Coalition, argued that Massachusetts faces a severe housing shortage and affordability crisis, citing high home prices, high rents, declining listings, and outmigration of younger residents. They said the measure would legalize modest single-family homes on smaller lots, increase housing supply, and help first-time buyers and downsizing seniors, while leaving most other local rules in place. Other proponents, including representatives from Abundant Housing Massachusetts, the Charles River Regional Chamber, and individual residents, emphasized workforce retention, the need for more starter homes, and the view that large minimum lot sizes are a major barrier to production. Committee members pressed the panel on the lack of any home-size or affordability requirement, possible effects on 40B compliance, the number of new lots and homes that might result, and the fact that the ballot initiative would not be amendable by the Legislature. The hearing then turned to opponents from the Massachusetts Municipal Association, who urged the committee to take no action. MMA leaders said zoning should remain a local decision made by residents and elected local officials, and argued that the proposal would preempt local control with a one-size-fits-all mandate. They also said the measure is impractical because many communities with water and sewer are already at or near capacity, so infrastructure availability does not necessarily mean development capacity. The hearing ended during the MMA’s testimony, with no vote or final committee action taken.

Transcript Highlights:

• This is unjust and will lead to exponential rises in gas prices over time.
• Number one: volatile and expensive gas prices.
• Number one, the price of gas is going up, way up.
• EIA predicts that gas prices will increase 33% or more in 2026.
• Clean energy and affordable. correlating drop in prices.

Keywords: 995, all

Summary: The committee heard testimony on a wide range of late-file energy bills, with much of the discussion focused on battery storage siting, gas system expansion, propane consumer protections, gas workforce safety, and a Taunton home-rule petition on water rates for manufactured housing communities. Representative Sweeney urged support for H. 4689 and H. 4690, which would impose a moratorium and setback requirements for lithium battery storage facilities, citing fire risk, proximity to homes, and environmental concerns. Several local officials and residents from Oakham, Tewksbury, and other communities described proposed battery projects near homes, schools, wetlands, and conservation land, while industry and clean-energy advocates argued the bills would effectively block storage development and conflict with state energy goals and existing fire-safety standards. The committee also heard strong support for S. 2290/H. 3547, a bill to prevent gas expansion near environmental justice communities, from environmental justice advocates, municipal officials, and clean-energy groups. Testimony emphasized rising gas bills, the cost of new pipelines, methane and health impacts, and the need to avoid locking in long-term gas infrastructure costs. Witnesses also discussed related bills on gas workforce safety, gas shut-off valves, and gas meter replacement plans, with labor representatives supporting safety-focused measures and opposing changes they said would weaken inspections, while consumer and environmental advocates argued that some utility replacement practices are unnecessarily expensive and should be reined in to reduce ratepayer costs. Other testimony included support for H. 3518 on propane gas ratepayer protections, with the witness arguing for clearer contract terms and website price disclosure, and support for S. 2652, which would authorize Taunton to create a separate water billing rate for manufactured housing communities because residents there are effectively paying higher water costs through rent due to a single master meter. No committee votes or final actions were taken during the hearing, and members mostly asked brief clarifying questions or made no comment after testimony.

Transcript Highlights:

• But of course, that's before any appropriations are made for FY 26.
• That is the worst-case scenario, a low oil price scenario.
• So, of course, there is a lot of volatility depending on price and production.
• If demand drops, actually, prices will likely fall.
• And of course, Mr.

Transcript Highlights:

• </c><00:10:00.480><c> spiked</c> in an envir in which the price spiked in an envir in which the price
• or whether it's on, you know, fuel price or, uh, it looked like there's also an opportunity to find
• The other question, of course, is: Can the PUC allow for partial securitization?
• The other question, of course, is: Can the PUC allow for partial securitization?
• And, you know, the other question, of course, is: Can the PUC allow for partial securitization?

Keywords: 1187, senate, all

Transcript Highlights:

• All the low-hanging fruit, of course, is gone.
• has put a real damper on growth in house prices.
• And of course, buyers can't buy because On their mortgages.
• This was a moderate-priced home.
• And I do know the median home price in Seattle is $900,000.

Summary: The Senate Housing Committee heard a series of work-session presentations focused on transit-oriented development, commercial-to-residential redevelopment, building code implementation, housing market trends, and the Covenant Homeownership Program. The first presentation, from the Urban Institute, reviewed research on HB 1491 and TOD feasibility, arguing that Washington has made major progress but faces diverging conditions across transit areas. The presenter said rising construction costs, higher interest rates, and lower rents in some markets have made many projects less feasible, and recommended targeted infrastructure funding for lower-market communities, adjustments to MFTE and affordability requirements by local market conditions, more support for very low-income housing in high-market transit areas, minimum density standards near stations, expanded public land/joint development tools, and better tracking of TOD outcomes over time. Committee members asked about AMI calculations, immigration’s effect on construction labor, developer input, and whether a tracking mechanism had been removed from the bill. The Department of Commerce then outlined implementation of HB 1491 and demonstrated the new Washington Zoning Atlas, which is live and intended to help visualize zoning, overlays, and station-area conditions. Commerce said local governments will designate station areas, update zoning and MFTE policies, and handle anti-displacement measures, with Vancouver and Spokane first to implement and Puget Sound following later. Staff described a timeline for updated MFTE guidance, station-area implementation guidance, a TOD model ordinance, and later rulemaking on variances. The committee also heard from the Lieutenant Governor’s office on a report about converting commercial properties to housing, which found substantial potential for redevelopment on vacant or underused commercial land, especially near transit, but noted barriers such as ground-floor retail mandates, affordability requirements, infrastructure costs, private covenants, and slow implementation. The office urged by-right residential use on commercial land and faster rollout of new housing laws. The State Building Code Council updated the committee on its three-year code cycle and several legislatively directed actions, including minimum dwelling size, emergency shelters, and especially single-exit stairs and multiplex housing. Council staff said those code changes are nearing completion and will provide prescriptive solutions, while noting that elevator size and requirements were not changed and would require separate legislative direction if the committee wanted to revisit them. Members discussed the cost impacts of building and energy codes and the council said it is required to consider economic impacts and is increasingly looking at performance-based approaches. Later, the Washington Center for Real Estate Research presented its annual housing report, showing that higher mortgage rates have sharply reduced affordability, flattened house prices in many cities, and slowed single-family permitting and completions, while multifamily construction has recently cooled after a prior surge. Finally, the Washington State Housing Finance Commission reported strong first-year results for the Covenant Homeownership Program, which provides zero-interest down payment assistance to eligible first-time buyers with family ties to Washington before 1968; the program assisted 547 homebuyers in its first fiscal year, with more than $60 million loaned, and the agency said participation has continued to grow after income-limit changes enacted in 2025.

Transcript Highlights:

• Of course, we're measuring inflation. So it's, you know, what prices are we talking about?
• And what does that mean for a change in prices?
• Generally, the prices are, you know, there's actually people who look out and measure how prices change
• The weights or the price changes are different.
• But, of course, inflation is very unpopular.

Summary: The Pension Funding Council met on October 8 with introductions from council members and staff, then received a detailed presentation from the Office of the State Actuary on long-term economic assumptions and the state pension systems’ financial condition. OSA reported that the combined pension systems are currently 100% funded on a smoothed basis, with open plans above 95% funded, and that legacy Plan 1 systems remain on a path toward full funding under current policy. The actuaries recommended updating assumptions to 3% inflation, 3.5% general salary growth, and a 7.25% investment return, while keeping Plan 1 membership growth at 1%. They also explained asset smoothing, the role of recent strong investment returns, and the expected budget impacts of the recommended changes. Representatives from the Economic and Revenue Forecast Council and the State Investment Board offered supporting perspectives, generally describing the assumptions as reasonable and consistent with their own outlooks. The council also heard an overview of the Long-Term Services and Supports Trust Program (WACares) from DSHS and OSA. Program staff described the program’s social insurance structure, premium collection, benefit eligibility, and upcoming implementation milestones. OSA reported that the program’s first actuarial valuation showed a positive actuarial balance under the base scenario and recommended no change to the current 0.58% premium rate during the program’s early learning phase, noting that future changes would depend on experience and the program’s risk-management framework. OSA also said the recommendation would remain the same regardless of the outcome of the pending ballot measure affecting investment options. During public comment, a representative of the Washington State School Retirees Association urged continued work on Plan 1 funding and related legislation, while the Association of Washington Cities cautioned against increasing pension assumptions in a way that could raise future employer costs and reduce flexibility for current local government services. In action, the council adopted a motion to maintain the current long-term economic assumptions by a 4-2 vote, adopted the recommendation to keep the WACares premium rate at 0.58% by a 6-0 vote, and then elected Katie Chapman as council chair by unanimous vote. The meeting then adjourned.

Transcript Highlights:

• Does it say the price?
• I'll speak to HB3265, and this aims to protect the 340B drug prices.
• Every hospital, of course, is a 340B hospital.
• And then, of course, I'm in a rural area, so we only have...
• Number one, they negotiate the drug prices with the manufacturers.

Bills: HB712, HB722, HB946, HB1687, HB1809, HB1899, HB2528, HB2583, HB2741, HB2750, HB3021, HB3150, HB3265, HB3658, HB3812, HB3960, HB4392, HB4432

Keywords: prostate cancer, health benefit plans, insurance coverage, cost sharing, preventive health care, auto insurance, total loss evaluation, disclosure, insurance materials, vehicle appraisal, HB 946, Texas Insurance Code, automobile insurance claims, oral release, written release, settlement agreement, claim release, property damage, bodily injury, psychological injury

Transcript Highlights:

• Shelter prices remain elevated; that's both rents and house prices, and they're elevated relative to
• That's an international benchmark price of oil and the U.S. regular gasoline price.
• Price Index.
• prices.
• And so we're just, you know, those prices, home prices have really not done anything either over the

Keywords: 1182, all

Summary: At the April meeting of the Finance Advisory Committee, staff presented an updated state revenue forecast that was more cautious than January’s because of heightened economic uncertainty tied to the Iran conflict and broader national risks. The general fund’s available resources were revised down from $577 million in January to $378 million in the April forecast, with the lower estimate driven by reduced revenue projections while spending assumptions were unchanged. Staff said the outlook depends heavily on how long the Middle East conflict lasts and noted that a prolonged disruption could weaken the forecast further, while a quick resolution could improve conditions. George Hammond of the University of Arizona gave a broad economic overview, highlighting geopolitical risk, elevated oil and gasoline prices, sticky inflation, weak Arizona job growth, and uncertainty around federal policy, tariffs, immigration, and AI-related investment. He said Arizona’s recent job growth has been very weak and concentrated mainly in health services, while most other sectors lost jobs, and he attributed much of the slowdown to low hiring rather than layoffs. He also discussed population growth, noting that Arizona remains above the national average but is increasingly dependent on net migration as natural increase slows, and he warned that housing affordability remains strained even as Phoenix inflation has moderated. Panelists generally echoed the cautious outlook but pointed to some offsets. Liz St. Clair said Arizona’s near-term revenues could benefit from tourism tied to spring training and the Final Four, though higher fuel costs could dampen discretionary spending. Other panelists noted that the federal policy environment, tariffs, and immigration changes are likely to restrain growth, while productivity gains, especially from technology and AI, may help businesses maintain output. Several members also discussed housing, saying single-family permits have fallen while rental supply has improved affordability, and they raised concerns about labor-force growth, wage disparities, and the reliability of recent employment data revisions. No formal votes or actions were taken.