Transcript Highlights:

• </c><00:16:11.000><c> on</c> pretty significant impact on pretty significant impact on infrastructure
• </c> this bill really impacts this bill really impacts the<00:17:05.400><c> our</c><00:17:05.600><c>
• And so the indexing of the gas tax to match inflation, as well as capping it at 3% a year if inflation
• And so the indexing of the gas tax to match inflation, as well as capping it at 3% a year if inflation
• See no other discussion. that we know what the impacts of uh your that we know what the impacts of uh

Bills: HF5

Committee: House Transportation Finance and Policy

Transcript Highlights:

• So how often has inflation been...
• So we don't anticipate a fiscal impact.
• But how we operate as attorneys impacts people's lives, and how judges rule impacts people's lives.
• This scholarship, this bill, has no fiscal impact. I repeat, no fiscal impact.
• This scholarship, this bill, has no fiscal impact. I repeat, no fiscal impact.

Bills: HJR1024 , SB1316 , SB1491 , SB1552 , SB1679 , SB1877 , SB2040 , SB2133 , SB2153 , SB2174 , SB2180 , SB227 , SJR39 , SJR47 , SJR48

Committee: Senate Rules

Summary: The Senate Rules Committee met and first laid over Senate Bill 2133 and skipped several bills because the Pro Tem and Senator Hall were not present. The committee then took up Senate Bill 1552, which would expand an option for very large counties to adopt local charters; an amendment was adopted to raise the population thresholds so the bill would apply only to future growth. After discussion that the measure was optional and not a mandate, the bill passed 12-7. The committee also passed SJR 39, a proposed constitutional amendment to lower the cap on annual increases in property tax assessed value from 3% to 1% for homestead and agricultural property and from 5% to 3% for other property, despite opposition that it would worsen funding pressures and create inequities between long-term owners and new buyers. SJR 47, moving voter ID requirements into the Constitution, and SJR 48, changing how the state handles ad valorem reimbursement for tax-incentive projects, both passed 16-2. The committee next passed Senate Bill 1491, which requires replacement presidential electors to take the same oath as the original slate, and Senate Bill 2174, which changes the membership mix of the State Fire Marshal Commission to include more business-oriented voices; both measures drew little opposition and passed overwhelmingly. Senate Bill 1877 also passed unanimously; it creates a centralized reporting system for 510 reports, with members noting it should have no fiscal impact because an existing state filing system would be used. House Joint Resolution 1024, which revises the Judicial Nominating Commission by removing certain lawyer/non-lawyer and party-balance restrictions and capping service at 12 consecutive years, passed after significant debate over judicial independence and political influence. The committee then approved Senate Bill 2040, which updates the Tulsa Reconciliation Education Scholarship Program by simplifying eligibility rules, changing the income cap to $128,000 and indexing it to inflation, and clarifying that unused funds may still be used for room, board, and books; supporters said it preserves a long-standing scholarship with no fiscal impact. Senate Bill 1316 passed 17-1 and would require agencies to periodically sunset a percentage of administrative rules, though the author said he may lengthen the cycle after reviewing other states’ models. Senate Bill 1679, the Preserving Oklahoma Values Act, passed 16-2 after debate over its references to foreign law and Judeo-Christian Western values; supporters said it protects due process and equal protection, while opponents warned it could marginalize other faith traditions and create legal uncertainty. Finally, the committee passed Senate Bill 227, clarifying which oil and gas facilities are exempt from ad valorem tax and ensuring flow lines, gathering lines, and injection wells are treated consistently; Senate Bill 2153, directing state agencies to use the terms Judea and Samaria instead of West Bank in official documents; and Senate Bill 2180, a transparency measure on foreign lobbying that was amended before passing 17-0. The meeting then adjourned.

Transcript Highlights:

• And coaches have a way bigger impact that goes way beyond the game that they coach.
• I hear the conversation about the fiscal impact to education.
• And immediately inflate the prices right now. This isn't anything new.
• And so we're not seeing half-full venues and inflated prices there.
• So if that gets inflated to $110, I'm much happier than if something gets inflated to $1,000 because

Committee: House Arts, Entertainment, Sports, and Tourism

Transcript Highlights:

• Still not inflation adjusted.
• Still not inflation adjusted.
• Still not inflation adjusted.
• Still not inflation adjusted.
• Still not inflation adjusted.

Committee: House Ways and Means

Transcript Highlights:

• We would just mention that we agree that the impacts of Prop 36 are still uncertain.
• So we are considering all of that information and how our role would impact that.
• The downside of prison closures is that it does impact public safety.
• costs related to food inflation through salary savings.
• I'm just, just finally, is there a way that you think that impacts the budget?

Summary: The subcommittee heard an overview from the Board of State and Community Corrections on its budget change proposal for 11 additional permanent positions, which BSCC said are needed to manage a rapidly expanded grant workload, increase technical assistance, and strengthen oversight and audits. BSCC also updated members on its new In Custody Death Review Division, created under SB 519, reporting that it has begun collecting and reviewing local jail death investigations, has hired about one-third of its staff, and has received access to medical records and related documents. Members raised concerns about family notification practices, local jail deaths, and whether BSCC’s increased administrative use would reduce grant dollars; BSCC said the change is intended to be permanent but should not substantially affect local assistance. The LAO supported the position authority request but flagged a methodological issue in the administration’s Proposition 47 savings estimate, and Finance said it would update the estimate by May Revision. The committee then reviewed CDCR’s overall budget, population, and facility issues. The Secretary said the incarcerated population is holding around 90,000, parole around 33,000, and described major cost pressures from retirements, workers’ compensation, medical transport, violence, and aging infrastructure lacking air conditioning and ADA features. He defended prison closures as creating overcrowding and reducing programming capacity, while also highlighting successes such as declining recidivism, expanded college and reentry programming, and the completion of the San Quentin Rehabilitation Center. Members pressed CDCR on fiscal discipline, the effect of closures on savings, community impacts from prison shutdowns, vacancy and staffing issues, and climate-related facility needs. CDCR said it clusters medically vulnerable and ADA-needing populations at more suitable facilities, uses heat plans and temperature monitoring, and is developing a 20-year infrastructure plan. A separate item addressed CDCR’s request for $91 million ongoing for lump-sum leave payouts for correctional officers and nurses. CDCR said these costs have historically been covered by vacancy savings, but declining vacancies and facility closures have reduced that source. The LAO said the funding is reasonable in the near term but recommended limited-term approval with reporting, and urged the Legislature to scrutinize unallocated savings assumptions and the ongoing Boston Consulting Group efficiency contract. Finance argued the lump-sum request should be ongoing because the costs are recurring and vacancy savings are less reliable. Members questioned whether CDCR is doing enough to reduce leave liability and whether the department will actually achieve the budgeted savings from the consultant work. Finally, CDCR presented updated population projections through June 2030, estimating a 6.5 percent decline in the institution population and a 10.4 percent decline in parole, while revising its Proposition 36 methodology based on actual admissions data. CDCR said Prop. 36 admissions are increasing but at a lower level than previously projected, and that the law’s long-term effects remain uncertain. On the California Rehabilitation Center closure, CDCR projected about $99.6 million in net General Fund savings next year and roughly $150 million ongoing, with 522 positions eliminated. The LAO said the state could close another prison within a few years and identified the Correctional Training Facility in Soledad as a strong candidate, recommending against approving new capital projects there unless another closure is identified. Finance said the administration has not proposed any additional closure at this time.

Transcript Highlights:

• Federal funds are excluded in population times inflation. That would be one change we'd suggest.
• But, you know, if you take your population increase times inflation...
• It's going to surely outpace inflation plus population growth over the next few years.
• I know there's inflation, I know, but man, the costs are skyrocketing.
• Okay, all right, so there's really nothing, just the typical inflation, but I mean.

Bills: HB386 , HB1449 , HB1701 , HB2142 , HB2675 , HB2857 , HB3063 , HB3171 , HB3641 , HB3732 , HB4045 , HB4370 , HB4491 , HB4505 , HB4626 , HB5267 , HB5356

Committee: House Intergovernmental Affairs

Keywords: construction contracts, change orders, local government, budget limits, Texas legislation, HB 1449, mobile food vendors, food trucks, mobile food service establishments, permits, county health permit, municipal permitting, Health and Safety Code Chapter 437A, Chapter 437, inspection agreements, permit reciprocity, fee cap, preemption, large counties, population over one million

Transcript Highlights:

• Escalation, one is inflation, so we can apply inflation factors to projects over the next 10 years.
• Material cost, labor cost, many costs have exceeded inflation, and what the inflation rate is, even at
• Material cost, labor cost, many costs have exceeded inflation, and what the inflation rate is, even at
• It goes up for inflation, so that's 3% inflation every year assumed.
• </c><03:28:53.399><c> beverage</c> some of the factors impacting beverage some of the factors impacting

Summary: The Department of Safety presented an overview of highway fund and unrestricted revenue collections, focusing on the Division of Administration, the Road Toll Bureau, and the Division of Motor Vehicles. Amy Newbery explained that the main unrestricted funding sources are highway funds and general funds, with highway fund revenue of about $263 million in FY 2024 and a FY 2025 projection of $261.2 million. She said revenue growth has been modest and has not kept pace with costs, creating structural deficits that required general fund transfers of $50 million in FY 2022-23 and another $10 million in FY 2024-25 to balance the fund. Jennifer Hall described Road Toll operations, including motor fuel tax collection at the distributor level, compliance enforcement, and licensing for fuel distributors, transporters, IFTA carriers, and oil discharge/pollution control. Members asked about IFTA, dyed-fuel enforcement, the possibility of using the state forensic lab for dyed-fuel testing, and whether audit positions had been filled; the department said it recently hired a part-time fuel enforcement officer, still uses IRS testing, could explore lab testing, and had no audit vacancies. Hall also discussed factors affecting fuel-tax revenue, including gas prices, crude oil forecasts, weather, tourism, GDP, and inflation, and said FY 2024 road toll revenue was $127.5 million, above plan, with FY 2025 projected at $127.71 million. The committee then turned to DMV-related revenues. Newbery said motor vehicle registration revenue was $93.1 million in FY 2024 and is projected at $90.4 million in FY 2025, with the state share going directly to the highway fund. Members asked about the state/town fee split, the five-year registration cycle dip, the distribution of registration revenue by vehicle weight category, and the impact of electric-vehicle surcharges; the department said the five-year dip is still occurring and will fade over time, and it would follow up on the weight-category breakdown. The presentation also noted that driver-license revenues have stabilized, inspection revenues remain steady, plea-by-mail revenue was added to the highway fund in FY 2024, and general fund revenues tied to the department are relatively small and have declined as some functions moved to OPLC. No votes or formal actions were taken.

Transcript Highlights:

• It also fences off education to make sure there is no impact on education.
• Tennesseans have a harder time dealing with inflation and drug addiction.
• You're right about revenue neutral plus inflation as prescribed in the legislation.
• Obviously adjusted for inflation. Yes, that's exactly right, to create a smoothing effect.
• Obviously adjusted for inflation. Yes, that's exactly right to create a smoothing effect.

Transcript Highlights:

• on the impact on...
• And yet we know that inflation is much higher than that.
• And it's not indexed to inflation. We had a bill. A... ...of us. And it's not indexed to inflation.
• ... ...be, even if we just kept pace with inflation over the past 15 years.
• But the delay on this committee, I think, significantly impacted that.

Committee: Joint Joint Committee on Finance

Transcript Highlights:

• Slide 11 provides some data on inflation and interest rates.
• The stickiest part of inflation is in housing and shelter, while energy and food inflation has subsided
• But that's also been in inflation, job growth, wage growth, and so on.
• On the converse side, they are just an inflation factor.
• of go either way, but there is concern about inflation pressure.

Committee: Senate Senate Finance

Transcript Highlights:

• Current inflation is 3.3 percent. Current inflation is 3.3%.
• The 5% and 3% we have today accounts for inflation.
• I think I disagree with the premise that property taxes should keep up with inflation.
• and property owners are seeing inflation buy them everywhere else.
• Speaker, that is less than the rate of inflation.

Bills: HR1051 , HR1048 , SB2074 , SJR39 , SJR47 , SB1983 , SB444 , SB1503 , SB1561 , SB592 , SB1501 , SB1946 , SB1567 , SB1833 , SB2026 , SB904 , SB2178 , SB1651 , SB1558 , SB1565 , SB1553 , SB1257 , SB65 , SB1749 , SB1242 , SB1642 , SB640 , SB667 , SB1436 , SB1484 , SB1562 , SB1794 , SB1644 , SB1533 , SB933 , SB1555

Summary: The House opened with prayer, the Pledge of Allegiance, and a series of special presentations and introductions celebrating Oklahoma State University, the Cowgirl Wrestling Club, the OSU livestock judging team, military children, poster contest winners, and several visiting groups and honorees. The chamber also recognized the Doctor of the Day, Dr. Kurt Emerson, and the Nurse of the Day, Beverly Felton. Much of the floor time was devoted to OSU Day remarks, including a citation honoring the university and comments from Speaker Hilbert, Coach Eric Morris, and President Jim Hess. The House then took up Senate Bill 2074, a pharmacy benefit manager measure intended to regulate PBMs and support pharmacists. An amendment by Representative Jenkins to remove a section of the bill was tabled, and members questioned the bill extensively about reimbursement rates, consumer costs, employer options, transparency, and the impact on independent pharmacies. After debate, the bill advanced and passed the House by a vote of 87-7. Members also considered Senate Joint Resolution 39, which would place a constitutional amendment on the ballot to cap property tax growth. The measure, as amended, would set a 1.75% annual cap on homestead property tax growth and a 4% cap on other properties, with a stair-step senior freeze. The resolution drew debate over effects on local government revenue, schools, roads, jails, and inflation, but supporters argued it would provide strong taxpayer protections. The House passed the resolution 85-9 and then took the additional vote required to refer the constitutional amendment to a special election.

Transcript Highlights:

• The dark color bars are bigger because we’ve accounted for inflation.”
• So this is one way of thinking about how these unique things impact the state budget.
• So this is one way of thinking about how these unique things impact the state budget.
• There is no fiscal impact to this. Highway Safety Office Washington.
• There is no fiscal impact to this. Ranking Member Lowe, there is no fiscal impact to this bill.

Bills: HB2109 , HB2139 , HB2192

Committee: House Transportation

Keywords: vehicle loads, public highways, transportation, road safety, infrastructure, HB2139, snowmobile registration, snowmobile fee, vehicle license fee, registration fee, Department of Licensing, RCW, vehicle registration, winter recreation, off-road vehicle, moped, motorcycle, trailer, recreational vehicle, vintage snowmobile

Transcript Highlights:

• The Armenian diaspora is not only impacted by the Armenian Genocide, but in so many ways is shaped by
• dollars were spent, authorized by the Inflation Reduction Act that you all supported.
• Tariffs, look it up, have contributed to inflation by 0.7%.
• Those price increases are part of inflation.
• The Strait of Hormuz is closed, and it's open, and it's closed, and it's open, and the impact...

Transcript Highlights:

• </c> actual impact of these premium changes. actual impact of these premium changes.
• > I'm</c><00:27:24.480><c> talking</c><00:27:24.640><c> about</c> impact with and I'm talking about impact
• </c><00:43:30.160><c> stay</c> rebates and um medical inflation stay rebates and um medical inflation
• And inflation, including, you know, premium inflation in the KHP, would certainly be one of those factors
• </c><01:04:36.720><c> reduction</c> as a result of the inflation reduction as a result of the inflation

Summary: The Public Pension Oversight Board met with a quorum, approved the prior minutes, and heard updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. The deferred compensation update highlighted continued growth in assets to about $4.787 billion and roughly 88,000 participants, strong retention from auto-enrollment, a marketing campaign tied to pay raises that generated additional participation, and a new self-directed brokerage account expected to launch July 1 of the coming year for participants with at least a $40,000 balance, allowing up to 25% of their account to be moved into the brokerage window. The director also described the free financial planning service, which has been used by about 3,500 participants with a high return rate, and said the plan is currently in a fee holiday; if fees are charged, they are capped at $237 per year for most participants. Members asked questions about who provides the CFP service, the fee structure, and the brokerage eligibility threshold. The director said the CFP service is provided through the authority’s service bundle with Nationwide, not as a separate paid service, and explained that the fee cap and current fee holiday are intended to keep the program low-cost. Board members praised the deferred compensation program’s performance and asked for a copy of the legislation referenced in the presentation. TRS then presented on retired teachers’ health insurance. Barnes first clarified how declining federal contributions for federally funded school positions affect the retirement annuity trust, explaining that if those federal dollars fall, the amounts would need to be covered through the SEEK formula and that the projection for those contributions is about $80 million over the next three years. He then reviewed TRS retiree health coverage, distinguishing between KEHP for retirees under 65 or not Medicare-eligible and MEHP for Medicare-eligible retirees, and explained that TRS recently completed RFPs for both prescription drug and medical coverage. TRS will keep Express Scripts for prescription drugs, but will move the Medicare Advantage medical plan from UnitedHealthcare to Humana on January 1, 2026, while keeping the plan design, provider access, and out-of-pocket structure largely unchanged, with a new hearing-aid benefit of $500 per ear. Barnes also reported the 2026 premium and contribution changes: the maximum TRS contribution toward KEHP will rise to $1,144.96 from $930.76, an 18% increase that he said will require roughly $15 million to $16 million more in the state budget, while the MEHP premium will drop to $200 per month from $210. He said the TRS board has statutory authority to set these amounts and that the changes will have mixed actuarial effects, with the KEHP increase being negative overall and the MEHP decrease positive.

Transcript Highlights:

• Substitute Senate Bill 6843 extends the property tax exemption for relief for residents impacted by the
• That's one of your greatest hedges against inflation, and it's one of your best ways of beginning to
• At this point, we are looking at the fiscal impact of making this exclusion.
• So I just want to check in, see what that does, see its impact on the shift, and just make sure we're
• When the estate tax was established, it had an inflator on the exclusion.

Bills: SB5994 , SB6244

Committee: House Finance

Keywords: timber tax, school funding, levy failure, tax distribution, education funding, tax exemption, agriculture, hazardous substances, crop protection, warehousing

Transcript Highlights:

• Speaker, annual inflation historically is above 2%. Do you envision a time when...
• So anytime taxation is not keeping up with inflation, I view that as a positive, not a negative.
• How does this bill impact what we did back then?
• How does this bill impact what we did back then?
• It does potentially reduce it below inflation.

Bills: SB227 , SB1942 , SB1627 , SB625 , SJR39 , SJR47

Committee: House Rules

Summary: The committee heard several measures, led by SJR 39, a proposed constitutional amendment to send to voters that would cap annual homestead property tax valuation growth at 1% and all other property at 3%. The speaker argued it would not cut taxes but slow growth for taxpayers facing rising assessments, while opponents questioned the effect on county revenues, sheriff funding, and whether growth below inflation would strain local governments. After debate, the committee voted 10-2 to report the resolution due pass. The committee also heard HJR 47, which would place proof-of-identity requirements for voting in the Constitution. Supporters said it would strengthen election integrity and noted existing law already requires proof of identity, while opponents raised concerns about impacts on voters with disabilities and the difficulty of changing constitutional language if problems arise. The measure was reported due pass on an 11-1 vote. Senate Bill 227, described as supporting fair taxation and investment without duplicative tax, and SB 1942, clarifying the distinction between reimbursable and reimbursed dental services to protect providers and patients, both passed the committee on near-unanimous votes. The committee then advanced SB 1627, a 116-page sentence-modernization and consolidation bill that was described as a cleanup measure with no substantive change to existing law, and it was reported due pass unanimously. Finally, SB 625 was presented as temporary cleanup language related to domestic violence legislation and judicial requests, with the sponsor noting the bill would be replaced by a floor substitute later; the committee approved it due pass 10-0. The meeting ended with the chair noting the committee was dismissed and likely to meet again under the rules committee schedule.

Transcript Highlights:

• When there's inflation going on, how in the heck do our less, when there's inflation going on, how in
• I researched the impact on bonding for communities.
• I looked at the impact on TIF projects, both existing and in the future.
• I researched the impact on bonding for communities.
• I looked at the impact on TIF projects, both existing and in the future.

Bills: LB737 , LB753 , LB788 , LB913 , LB1055 , LB1195 , LB1216 , LB1256 , LB429 , LB721 , LB722 , LB727 , LB743 , LB745 , LB749 , LB778 , LB787 , LB365A , LB823 , LB900 , LB903 , LB940 , LB954 , LB1127 , LB1127A , LB1205 , LB1240 , LR293 , LR296 , LR422 , LR505 , LR507

Transcript Highlights:

• So how often has inflation Has inflation been lower than 1% in the last 30 years?
• So, we don't anticipate a fiscal impact.
• And how judges rule impacts people's lives.
• This scholarship, this bill has no fiscal impact. I repeat, no fiscal impact.
• So, there's no fiscal impact.

Bills: HJR1024 , SB1316 , SB1491 , SB1552 , SB1679 , SB1877 , SB2040 , SB2133 , SB2153 , SB2174 , SB2180 , SB227 , SJR39 , SJR47 , SJR48

Committee: Senate Rules

Keywords: Judicial Nominating Commission, congressional districts, terms of office, Oklahoma Constitution, legal qualifications, political party restrictions, family ties, administrative rules, sunset provision, state agencies, regulatory review, legislative oversight, presidential electors, vacancies, oath of office, political party, elections, county home rule charter, home rule, county government

Transcript Highlights:

• I will say that it will certainly impact in the long term the funds that would be helpful as we want
• Impacted, um, and could imperil projects to be delivered. Period.
• </c> did mention briefly that it could impact did mention briefly that it could impact us<00:33:03.799
• We don't want to minimize the negative impacts that would occur with any disruption of funds.
• ><c> that</c> the impacts the negative impacts that the impacts the negative impacts that would<00:37

Committee: Senate Transportation

Transcript Highlights:

• And are they tied to inflation or just trying to understand?
• And are they tied to inflation or just trying to understand?
• “How many port districts does this bill impact?”
• Given the inflation we have seen in this area, it is also something to be wary of and concerned about
• Inflation-adjusted transmission costs per mile have nearly doubled since 2013. These are...

Summary: The committee held public hearings on several bills related to transportation, utilities, housing permitting, and port financing. Substitute Senate Bill 6309 would give regional transit authorities, such as Sound Transit, more flexibility to apply for permits before acquiring property, exceed certain local height/setback limits when needed for rail systems, and use development agreements to vary local standards; the sponsor and Sound Transit testified that the bill would speed delivery of light rail and bus rapid transit, and an amendment was described to allow permits on property not yet owned if the transit authority remains responsible for obtaining property rights. Substitute Senate Bill 6076 would streamline procurement rules for public utility districts on clean energy, storage, transmission, and distribution projects by raising self-performance and contract thresholds, allowing limited noncompetitive procurement in certain reliability or specialized-technology situations, and extending some provisions until 2045; supporters from PUDs, labor, and industry said the changes are needed because of rising costs, long lead times, and grid reliability demands, while committee members asked about the size of the threshold increases and the scope of the bidding waivers. Substitute Senate Bill 5729 would prohibit local governments from charging applicants for third-party plan review when a licensed local staff professional of the same discipline has already reviewed the materials, while still allowing third-party review at the applicant’s cost in certain cases; the sponsor said the bill was narrowed from a broader version and was intended to prevent duplicative fees, and builders supported it as a permitting streamlining measure. Senate Bill 6132 would create a narrow debt-limit exception for the Port of Moses Lake to support a rail project and preserve federal funding eligibility; the port and economic development supporters said the project is ready to bid and needs additional borrowing capacity because of inflation, and the sponsor clarified that the bill is intended to apply only to that port. Engrossed Second Substitute Senate Bill 5374 would require tribal governments to be included in transportation planning coordination under the Growth Management Act and create a tribal traffic safety coordinator grant program; the sponsor emphasized severe pedestrian fatality disparities for Native people and said the bill is about consultation and safety, while county representatives supported the policy goal but asked for clearer cross-references to existing GMA consultation and dispute-resolution processes. The committee also took up Substitute Senate Bill 6070/6076-related testimony and, at the end of the hearing, announced that bills would be executed the next day and amendment requests should be submitted as soon as possible.