Transcript Highlights:

• Legislative Breakfast was this morning. Legislative Breakfast was this morning.
• And who makes up this study group? Um it's the group up this study group?
• trying to craft legislation legislator trying to craft legislation legislator trying to craft legislation
• I think it's wise if legislators had I think it's wise if legislators had I think it's wise if legislators
• Now they at Bible study. This person wherever at Bible study. This person wherever at Bible study.

Keywords: 1136, house, all

Transcript Highlights:

• and removing the members of legislation and removing the members of the<00:48:21.200> public.
• I just wanted to point out I think that it's as part of the study.
• that study. that study.
• Spinsk's comments about the need for a study outside of industry.
• So maybe we have to lean upon the results of the study, and that might be a different discussion.

Bills: SF0028, SF0030, SF0031, SF0032

Keywords: voting, elections, electronic voting systems, transparency, public testing, voter registration, qualified elector, residency requirements, voting rights, mortgage modification, priority, electronic signatures, real property, financial covenants, 911 services, emergency response, grant funding, next generation technology, government accountability, public safety

Transcript Highlights:

• The study determined that District.
• , loads a day during the traffic study, loads a day during the traffic study, huge,<00:10:51.680>
• I'd also like to thank Representative Wam for authoring this legislation.
• , comprehensive plan and traffic study, comprehensive plan and traffic study, this<00:47:06.640><
• <01:26:45.920> But we studied the whole corridor. But we studied the whole corridor.

Bills: HF1569, HF460, HF850, HF707, HF798, HF852, HF366, HF365, HF836, HF866, HF885, HF959, HF1196, HF1788, HF1349, HF2272, HF2652, HF1251, HF607

Keywords: transportation, bond issuance, capital investment, infrastructure, road improvements, HF460, Sibley County, Highway 21, County State-Aid Highway, bonding bill, state bonds, bond proceeds fund, transportation grant, infrastructure improvements, sanitary sewer, water main, storm sewer, stormwater, public works, local infrastructure

Transcript Highlights:

• And I study and University of Chicago.
• <00:16:51.600> Commission Hampshire Stable Token Study Commission Hampshire Stable Token Study
• The original word legislative history.
• <00:30:38.559> and I think um requires further study and I think um requires further study
• <01:33:45.280> So decided to study it further. So decided to study it further.

Keywords: 1189, house, all

Summary: The commission met on November 12 and first approved the September 17 and October 15 draft minutes unanimously after brief discussion. Members also identified themselves for the record, including a new member from Bumpsk Bank, a staff attorney from the Secretary of State’s Bureau of Securities Regulation, a prior crypto commission participant, and a uniform law commissioner involved in tokenization projects. The main presentation was by UNH law professor Seth Orinberg, who discussed the federal GENIUS Act and the pending Clarity Act and how they affect New Hampshire’s options in the digital asset space. He described the GENIUS Act as governing payment stablecoins/stable tokens, defining them as blockchain-based assets used primarily for payments, redeemable for a fixed amount of national currency, and required to maintain stable value. He said the law creates three possible state roles: hosting federally qualified issuers, becoming a state qualifier for issuers up to a $10 billion threshold, or exploring state-backed issuance as a sovereign. He noted that the state-qualification path would require conforming legislation, examination capacity, and coordination with Treasury, while the sovereign-issuer theory is legally uncertain and may become a test case. Orinberg also outlined the core compliance framework he said applies to covered issuers: 100% reserve backing in high-quality liquid assets, monthly public reserve reporting, no yield or interest-like rewards, segregation of reserve assets, immediate redemption at face value, and anti-money-laundering/know-your-customer obligations. He then turned to the Clarity Act, describing it as a broader market-structure bill that would create categories such as digital asset, digital commodity, digital security, and ancillary asset, with self-certification procedures for issuers. He said the two federal laws together would separate payments from investments, preempt inconsistent state standards for covered payment stablecoins, and likely reshape the boundaries of state authority over digital assets.

Transcript Highlights:

• the legislative session. the legislative session.
• <00:02:35.880> session needed to be within legislative session needed to be within legislative
• during the longer of the two legislative during the longer of the two legislative sessions.<00:04
• This is irresponsible legislating.
• as as legislators to know that?

Keywords: 1187, senate, all

Transcript Highlights:

• This is in support of H.R. 530, my legislation called the ACES Act, the Aviator Cancer Examination Study
• The legislation rightly be doing.
• this long titled legislation, Mr. this long titled legislation, Mr.
• <04:28:10.080> The legislation to the floor. The legislation to the floor.
• In fact, last year a Treasury Department study did a study.

Keywords: U.S. House of Representatives Floor Proceedings on Monday, May 5, 2025, 1012, house, all

Transcript Highlights:

• , some specific legislation proposals, but one of the main recommendations was no-mandate legislation
• Do you agree with the Stanford study?
• the Stanford study?
• I haven't read the Stanford study, but I would say that viewing this legislation simply through the lens
• Have you seen those studies? And I believe I'm expressing...

Summary: The Senate Committee on Health and Welfare met on May 13 and approved the minutes from the prior week before taking up a series of House bills, many of them with testimony from sponsors, agency officials, and stakeholders. Early action included HB 971, which would direct LDH to equalize Medicaid reimbursement rates between independent rural health clinics and hospital-owned rural health clinics; the sponsor described a significant payment disparity and the committee reported the bill favorably. The committee also deferred HB 1030 and HB 796 until the following week before moving to other items on the agenda. Several bills dealing with Medicaid and provider regulation were advanced. HB 414, as amended, closes a loophole so health care providers cannot hire unlicensed workers with certain serious out-of-state convictions; amendments addressed effective dates, FBI background-check issues for therapeutic group homes, and delays for direct support professional applicants caused by minor record issues. HB 740, as amended, creates an independent review process for Medicaid claims disputes in the coordinated system of care for behavioral health providers, with amendments clarifying applicability dates and program definitions. HB 786, which prohibits extrapolation in managed care claims recoupments and requires recovery to be based on actual overpayments or underpayments, was also reported favorably. HB 915 set timelines and accountability standards for prior authorization and utilization management in Medicaid managed care and was reported favorably after testimony about delays in care. The committee also heard and passed several bills affecting health professions and facilities. HB 405 simply updates the name of the national acupuncture certification body. HB 1095 allows nursing homes to use alternative power sources while keeping existing generator and fuel requirements. HB 557 defines long-term care pharmacies for policy purposes. HB 779 authorizes expedited partner therapy prescriptions for certain sexually transmitted diseases. HB 933 creates an optional commemorative birth certificate, with part of the fee going to the Office of Women’s Health. HB 796, carried by another representative for the author, establishes a chiropractic preceptorship program with on-site supervision requirements and was reported favorably after questions about student training and patient safety. The committee also heard emotionally charged testimony on HB 288, which would place the term “miscarriage” alongside “spontaneous abortion” in medical documentation and patient communication. Several witnesses described the distress caused by current coding language, and supporters said the change would make records more compassionate and understandable; the bill was reported favorably. HB 403 increased the cottage food gross-sales cap, and after testimony from small producers and the committee’s discussion of other states’ higher limits, an amendment raised the cap to $150,000 before the bill was reported favorably. HB 930 modernizes cosmetic-product regulation and creates a small home-based producer exemption under a wholesale-sales threshold; it was also reported favorably. Finally, HB 1041, a no-mandate bill restricting discrimination based on medical intervention status, prompted extended debate over exemptions for schools, hospitals, and other entities, with one amendment failing on a roll-call vote and the discussion continuing over the scope of the bill and federal funding concerns.

Transcript Highlights:

• We are not here to develop legislation or debate solutions.
• We are not here to develop legislation or debate solutions.
• We've done everything as legislators for years now.
• I do believe that there's a place for the market conduct studies.
• I would suggest that market conduct studies could be a lot more transparent.

Summary: The subcommittee held its first meeting on homeowners property insurance, with members from both parties introducing themselves and repeatedly noting that insurance affordability, roof condition, claims handling, and storm recovery are top concerns for their districts. Chair Yeager said the meeting was intended as an educational discussion rather than a legislative debate, and introduced a panel that included Insurance Commissioner Mike Yaworski, consumer Chad Carr, agent Mary Catherine Lawler, insurer executive Melissa Burt DeVries, and policyholder attorney Chip Merlin. The panel and members discussed major cost drivers in Florida homeowners insurance, including inflation, home age, roof age, mitigation features, claims history, litigation costs, reinsurance, and the Florida Hurricane Catastrophe Fund. Commissioner Yaworski said underwriting has become more sophisticated and that litigation costs, reinsurance, and replacement-cost inflation all affect premiums; he also said litigation is down about 30% and average requested rate increases have fallen from about 22.1% in 2022 to 0.8% today. DeVries said age of home, replacement cost, roof age, and coverage choices can materially change premiums, and explained that reinsurance is a major expense passed through to consumers. Merlin emphasized transparency concerns, argued that insurers are increasingly individualizing risk, and said consumers often struggle with coverage limits, deductibles, and claim denials. Members asked about flood coverage, hurricane deductibles, managed repair programs, mitigation credits, new insurer capitalization, and whether savings from reforms are reaching consumers. Yaworski explained that flood is generally excluded from homeowners policies and covered separately, that hurricane deductibles are mandatory in Florida and usually around 5%, and that the office tracks savings from reforms through rate filings and insurer discussions. He said the state is updating mitigation discounts and monitoring new entrants closely for solvency and market conduct. Several members and panelists said recent reforms have helped reduce some abuses and litigation, but many consumers are still seeing higher premiums because replacement costs and reinsurance remain elevated. No votes or formal actions were taken.

Transcript Highlights:

• consists of Senate file 2, legislative consists of Senate file 2, legislative budget.<00:22:57.520
• [clears throat] study.
• Senate file two, legislative budget, be Senate file two, legislative budget, be assigned<00:36:14.720
• Senate File 79, Legislative Review.
• This legislation requires the director of the Department of Audit and the director of the Legislative

Keywords: 916, all

Transcript Highlights:

• County soil health um program study. County soil health um program study.
• I is a study into the effects of the land application of PFAS-contaminated biosolids, and J is a study
• I is a study into the effects article.
• I'm the nonpartisan legislative analyst for the Senate.
• <00:43:12.000> to directs them to conduct a study to directs them to conduct a study to evaluate

Keywords: 919, house, all

Summary: The Agriculture Conference Committee met for an initial organizational and comparison session on House File 2446, the agriculture broadband and rural development bill. Members introduced themselves, noted that no conference target had yet been set, and agreed to begin with a side-by-side review of House and Senate positions. No oral testimony was taken; instead, the chair listed written testimony submitted by a wide range of agricultural, environmental, local government, food bank, and industry groups. Nonpartisan fiscal staff walked through the major funding differences. Both bills included some shared items such as operating adjustments, wolf and elk damage compensation, and certain technical changes, but they differed on several major appropriations. The House generally proposed larger increases for meat inspection, local food purchasing, and the Board of Animal Health, and added items such as county inspector grants, biofertilizer innovation, a biosolids/PFAS-related study, a soil health study, broadband installation study funding, an Agri Works program, an Agri Support program, a milk grant program, and several House-only transfers and grants. The Senate included items such as a climate coordinator position, biofuel-related reductions and policy changes, livestock processing funding, farm-to-school and urban agriculture changes, MARL funding, cottage foods licensing updates, and several Senate-only pass-through grants and transfers. Staff also noted differences in the agriculture emergency account transfer approach and in how the two bodies handled the Second Harvest Heartland and related food distribution provisions. House Research then reviewed the policy language differences in the bill. The House language included provisions allowing more flexible use of grant administration funds, unpaid prior-year claims, county inspector grants, and updates tied to its own policy article, while the Senate language included the climate coordinator, PFAS-related commercialization language, cooperative development grant permissive language, and other Senate policy changes. The committee did not take any votes or final actions at this meeting; the session was informational and focused on identifying differences for later negotiation.

Transcript Highlights:

• on the PIG for their help with drafting this legislation.
• on the PIG for their help with drafting this legislation.
• <01:11:36.400> funded<01:11:36.800> studies convened working groups. funded studies
• And the first is to fund a data-driven study.
• Um we recommendations for further study.

Keywords: 910, house, all

Summary: The Speed Task Force met on December 15, 2025, with members participating in person and via Zoom. After roll call and introductions, the chair filed the previous meeting minutes without objection. The chair then gave a report on outreach presentations statewide about the task force’s permitting-simplification work, noting appearances before groups such as the Chinese Chamber, Small Business Regulatory Review Board, General Contractors Association of Hawaii, Hawaii Chamber, and the Land Use Commission. He also introduced the new task force coordinator, Reginald K. T. King, and outlined a January 6, 2026 process for member-submitted recommendations, including first-come consideration and structured debate. No public testimony or member questions were offered on these items. The task force heard a presentation from the Building Permit PIG. The presenter said the group reviewed 79 SWAT recommendation forms over seven meetings, with participation from 15 disciplines and about 270 hours of work. The group’s findings emphasized workforce shortages, inconsistent plan quality, limited departmental resources, and a lack of centralized tools for applicants to self-resolve issues. Recommendations focused on building a workforce pipeline, expanding training on codes and technology, and developing a universal platform, including AI-assisted review tools. The presenter also raised offsite construction, including factory-built, modular, tiny homes, and ADUs, as an area needing clearer state and county alignment to speed permit review and support housing needs. No public testimony or Q&A followed, and discussion and voting were deferred to the January 6, 2026 meeting. The task force then began the Chapter 6E Historic Preservation PIG presentation. The chair described historic preservation as a broad process covering research, protection, restoration, rehabilitation, and interpretation of significant properties, including burial sites and iwi kūpuna, and said Chapter 6E is intended to guide responsible development rather than stop it. The presentation explained SHPD’s role and the complexity of 6E review, including archaeological surveys, monitoring, and preservation plans. Early findings highlighted uncertainty in sensitivity determinations for iwi kūpuna and subsurface resources, repeated review of the same projects, and staffing and technical capacity shortages among SHPD and consultants. Public testimony was closed and no immediate Q&A was allowed; further discussion and voting on recommendations were scheduled for January 6, 2026.

Transcript Highlights:

• Specifically, how many previous studies do you know of? There's been two studies.
• And uh um studies being done. Okay.
• do you know of there's been two studies do you know of there's been two studies<00:09:17.760> was
• studies was called the women's studies studies was called the women's studies and<00:09:19.120><
• the more information the more uh study the more information the more uh study that<00:26:06.320>

Keywords: 912, senate, all

Summary: The Committee on Labor and Technology heard several resolutions focused on workforce shortages and program development. STR 145/SR 117 would create a legislative working group on paid family and medical leave; testimony from state agencies, labor groups, advocacy organizations, and others was overwhelmingly supportive, though some asked for broader representation and legal expertise. Members raised questions about prior studies, staffing estimates, and funding needs for administering a future program. The chair ultimately deferred decision making on this measure to March 28, 2025. The committee also heard STR 55/SR 37 on reviewing the boiler and elevator inspection branch to improve recruitment and retention. DLIR supported the measure, while the Department of Human Resources Development supported the intent but suggested labor should lead the study. Industry witnesses described long inspection wait times, backlogs, and difficulty recruiting inspectors, and several said higher pay and training pathways were needed. The committee voted to pass the resolution unamended. For STR 64/SR 49, which would establish a Hawaii State Fellows Program, the department supported the concept but said resources would be needed and should be included in the budget rather than a resolution; the committee recommended deferral indefinitely. STR 67/SR 51, addressing hiring shortages in the public mental health care system, drew support from the State Council on Mental Health and others, with requests for amendments to ensure broader cooperation and added agencies. The committee moved the measure as a Senate draft with amendments. STR 63/SR 48, proposing a Hawaii Workforce Excellence Award, received support from DLIR, and the committee later recessed and reconvened for decision making on the measures.

Transcript Highlights:

• But of the applications we received, they range everywhere from due diligence studies.
• community acquires land or has an option on the land and just wants to do some basic environmental studies
• , some soil borings, just studying the... ...environmental studies, some soil borings, just studying
• And submitted 17 projects for legislative review this morning.
• Like, for legislators to talk to their schools specifically about what we're... ...doing here for them

Summary: The PEER Review Subcommittee met to consider a large agenda of appropriation, transfer, contract, and other review items. Members approved temporary appropriation requests in Sections B through F, including funding for prosecuting attorneys, education-related adjustments, school operating needs, labor licensing divisions, ARPA fund returns from Workforce Services, IIJA grants for state police CDL implementation and a forestry-related county grant, reserve fund transfers for teacher scholarships, school facilities, and economic development, and a Commerce reallocation tied to organizational realignment. Cash fund requests in Section G and budget classification transfers in Section H were also reviewed, along with pay plan requests in Section I, overtime requests in Section J, and multiple methods of finance in Section K. The committee also reviewed discretionary grants in Section L, including agriculture promotion board grants and DHS aging/adult behavioral health grants, plus RFQs, construction contracts, intergovernmental contracts, and out-of-state contracts in Sections M1 through M5. Several items drew questions from members. Workforce Services explained that $225,000 in TANF-related funds would be returned to the federal government because the two-year hold period for uncashed or moved checks had expired. Commerce officials described the $25 million site infrastructure grant program, saying it supports site development, due diligence, and infrastructure build-out at eligible sites of 30 acres or more, including rural communities, with grant agreements and matching requirements providing accountability. DHS and Education officials answered questions about the Care Solace mental health referral contract, saying it is a statewide concierge/referral service that helps schools connect students to Arkansas providers and follow up so students do not fall through the cracks; members asked for more information on provider selection, school-day scheduling, and Arkansas vendor participation. The committee held one item over: the DHS discretionary grant item for the RSVP retired senior volunteer program in L2, after concerns were raised about whether state general revenue was being used effectively and how much administrative overhead the providers retain. Members also questioned several contracts, including a DHS sole-source contract with EMSLink for document management software and a DHS bridge contract with Arkansas Foundation for Medical Care for Medicaid inspections of care reviews; in both cases, agency staff explained the need to avoid service disruption and said follow-up information would be provided. A Department of Corrections reentry center contract was discussed for its recidivism results, and ARDOT retirement-system investment contracts were briefly explained. The meeting ended after a lengthy discussion of the Medicaid Trust Fund balance, with DFA and DHS officials saying the state is expected to finish the fiscal year without exhausting the fund, that a restricted reserve of $100 million is available as a backstop, and that the larger question is what minimum balance should be maintained going forward.

Transcript Highlights:

• Analysis Office; and Anita Lee, Legislative Analysis Office.
• And it's important to note that Judicial Council did a study ...cases.
• Caitlin O'Neill with the Legislative Analyst's Office.
• once our study was complete.
• Therefore, our study is still ongoing.

Summary: The committee heard extensive testimony on Proposition 36 and its implementation, with judicial and budget officials describing it as a major shift from misdemeanor to felony processing for repeat drug possession and certain theft offenses. Witnesses explained that the law creates a treatment-mandated felony process that can lead to dismissal if a defendant completes treatment, but also requires evaluations, court monitoring, and potentially long, open-ended supervision. Judicial representatives said the new law is already generating large numbers of filings, creating workload, staffing, courtroom, and facility pressures, and that access to treatment beds, housing, and evaluation capacity is limiting participation. Several speakers emphasized that collaborative courts are effective but are not a perfect fit for Prop. 36 because those programs are typically probation-based and serve different risk/need populations. Court officials from San Bernardino and Orange counties said the impacts vary by county but are severe, with some counties seeing hundreds or more filings in a short period and others moving more slowly to build treatment infrastructure first. They argued that Prop. 36 is effectively an unfunded mandate unless the state provides more resources for judges, staff, facilities, treatment, housing, and supervision. The Legislative Analyst’s Office noted that Prop. 36 will reduce the Proposition 47 savings that fund mental health and substance use treatment grants, but said the near-term reduction is relatively modest and that the full effect will take time to appear because of the way those savings are calculated. Members of the committee repeatedly raised concerns that the state is underfunding the courts and counties needed to carry out the new law. The committee also reviewed the Governor’s proposed trial court operations budget, including a partial restoration of a prior $97 million cut and additional ongoing funding. Judicial branch officials said the restoration helped avoid furloughs, hiring freezes, and service reductions, and supported cybersecurity, technology, staffing, and records management. The LAO recommended that the Legislature seek more detail on how midyear restorations are handled and consider clarifying language for transferring unspent trial court trust fund monies to the General Fund. Finance said the flexibility in the ongoing funding was intentional and would be taken back for consideration. In a separate item, the committee heard testimony on a $6.3 million increase for Supreme Court and Courts of Appeal appointed counsel programs. Judicial officials and appellate project representatives said the system is facing a crisis because indigent appeals have risen sharply while the number of panel attorneys has fallen, leaving many cases waiting months for counsel. They argued the proposed increase would help but is still below what is needed to recruit and retain attorneys and prevent delays that affect criminal, juvenile, and child welfare cases. The committee also discussed the Tracy courthouse project in San Joaquin County, where local officials said reopening a courthouse closed since 2011 is necessary to serve a growing population and relieve overcrowding elsewhere. The LAO and Finance both noted the project is next in line under the facilities plan, though LAO suggested the Legislature could consider whether other facility priorities should come first.

Transcript Highlights:

• He studied California driving laws so he could get his license.
• In fact, I've never advanced any legislation and never intend to.
• Always want to perfect whatever legislation has my name on it.
• It's a highly studied and vetted issue.
• This legislation is, again, per se prohibitions on specific conduct.

Keywords: 987, senate, all

Summary: The committee heard several bills focused on AI, privacy, and surveillance. SB 903 would bar AI from independently providing therapy or psychotherapy services, require licensed human oversight, and impose disclosure, consent, confidentiality, and privacy protections. Supporters, including a bereaved parent and behavioral health groups, argued that chatbot “therapy” can be dangerous and that only licensed professionals can safely handle crisis situations. Opponents, including TechNet, the California Medical Association, and the California Hospital Association, said the bill could restrict beneficial clinical tools and create conflicts in triage, screening, and data use. The bill passed 4-0 to Appropriations and was placed on call. SB 1119 would create a broader framework for child safety in chatbot use, including risk assessments, crisis protocols, parental controls, time limits, limits on data use, incident reporting, audits, and a private right of action. Supporters said children are especially vulnerable to sycophantic companion chatbots and cited the death of Adam Raine; opponents raised concerns about vague standards, overlap with SB 243, prescriptive design mandates, and litigation risk. The bill passed 4-0 to Judiciary and was placed on call. The committee also considered SB 1013, which would require annual DOJ audits of automated license plate reader use, training for users, and a 30-day retention limit for ALPR data, with limits on hot lists and query access. Supporters said most data belongs to innocent drivers, existing safeguards have been widely violated, and shorter retention would protect privacy without eliminating investigative value. Law enforcement groups opposed the bill, arguing the 30-day limit would hinder solving older crimes, locating missing persons, and recovering stolen vehicles. The bill passed 4-1 to Appropriations and was placed on call. SB 1292 would authorize certain cities to use stationary cameras or sensors to enforce curb and loading-zone rules, particularly around delivery zones, bike lanes, and no-stopping areas. Supporters framed it as a local-control and safety measure for modern curb management, while privacy advocates warned against expanding automated enforcement through pilot programs. The bill passed 4-1 to Appropriations and was placed on call. The committee then heard SB 1101, which would require California higher education institutions to notify students, faculty, and staff when their personal information is shared with federal agencies and to limit disclosures to what is legally required. Supporters from the University of California Student Association, faculty groups, labor organizations, and privacy advocates said the bill would improve transparency and protect against politically motivated federal investigations. There was no opposition testimony, and the bill passed 5-0 to Appropriations and was placed on call. Finally, SB 951, the California Worker Technological Displacement Act, was introduced as a labor measure responding to AI-related layoffs and reduced hiring. It would require advance notice of technological displacement, reporting to workers and the state, and priority for displaced workers in some cases. Supporters said the state needs data and notice to respond to AI-driven job losses; the transcript ended during the bill’s presentation before testimony or a vote.

Transcript Highlights:

• Foster legislate together.
• Foster legislate together.
• Foster legislate together.
• reintroducing this important legislation reintroducing this important legislation I<03:21:04.359
• <03:21:34.040> hr1 legislation hr1 legislation hr1 1350<03:21:36.720> the<03:21:36.920>

Keywords: U.S. House of Representatives Floor Proceedings on Monday, March 24, 2025, 1012, house, all

Transcript Highlights:

• And so, we're asking for you to assist us with this legislative action.
• legislative action. legislative action.
• Some committee can study it. So, what is the drop-dead date for this?
• I mean, can you give us the interim to study this?
• So, what is the the that can study it.

Keywords: Meeting Start 00:00:00 Attendance Roll Call 00:01:28 Introduction of Guests 00:02:08 American Electric Power and Kentucky Power Presentation 00:03:31 SB 89 Discussion 00:53:55 SB 89 Roll Call Vote 01:07:46, 958, all

Summary: The committee met for an initial natural resources hearing with a quorum present and introductory housekeeping, including prayer, roll call, and recognition of guests. Chair Smith outlined ground rules for questions and then invited Kentucky Power and American Electric Power representatives to the table to discuss a proposed plan involving the Mitchell Power Plant and future generation needs in Eastern Kentucky. Witnesses Cindy Wiseman, Alex Vaughn, and AEP CEO Bill Fehrman said the company’s goals are to stabilize and lower rates, reduce rate volatility, and expand generation in the Commonwealth. They explained that Kentucky Power seeks legislative authority to securitize its 50% interest in the Mitchell coal plant, describing securitization as a refinancing mechanism that would lower annual plant costs by about $34 million and help offset roughly one-third of the expected cost of adding new generation in Kentucky. They emphasized that the proposal is not intended to close Mitchell, and said Kentucky Power currently has no plan to divest its interest; the company still needs the plant to serve customers while it pursues additional dispatchable generation in Kentucky. Members pressed the witnesses on the plant’s book value versus fair market value, whether the Mitchell interest had ever been assigned a nominal value, how any divestiture proceeds would be handled, whether Kentucky Power owns Wheeling Power, and how long Mitchell can continue operating. The company said it values Mitchell at net book value for accounting purposes, not fair market value, and explained that Wheeling Power is a separate AEP affiliate and that West Virginia affiliates have already proposed securitization of their share. Witnesses said Kentucky Power’s interest cannot technically operate past 2028 without additional environmental control investment, while the West Virginia side is depreciating through 2040. They also described the financing timeline, saying securitization would require enactment of legislation, a PSC financing order, bond issuance, and then parallel work to acquire or build new generation, with any reinvestment terms to be addressed through the regulatory process.

Transcript Highlights:

• Additionally, we will begin focusing on crash studies.
• Legislative session, again, House Bill 145, which was our bonding bill, morphed into some other legislation
• I appreciate the Legislative Finance Committee.
• That's where we may need legislative support.
• Have you discussed legislation or thought about legislation we need to do to change this narrative?

Transcript Highlights:

• They're not actually voted for in legislation, and so we had bureaucrats and the governor decide what
• They're not actually voted for in legislation, and so we had bureaucrats and the governor decide what
• They're not actually voted for in legislation, and so we had bureaucrats and the governor decide what
• They're not actually voted for in legislation, and so we had bureaucrats and the governor decide what
• we breath report which has a legislative we breath report which has a legislative report<00:03:52.200

Keywords: 1183, house

Transcript Highlights:

• this has changed with recent legislation this has changed with recent legislation federally<00:36
• Chair, new local taxes without legislative new local taxes without legislative approval,<01:34:29.040
• >> I move in expedient to legislate. >> I move in expedient to legislate.
• . legislation. legislation.
• have to go to study? have to go to study?

Keywords: 1189, house, all