Video & Transcript Research : 'import tariffs'
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TX
Transcript Highlights:
- I just think it's important to talk about this as a property issue.
- The line between the separation of powers is important. So this bill corrects that.
- It's important to OPUC and very important to Freshman Berry as well.
- So timely information is important. Thank you, Mr. Thank you for being here.
- Members, this is an important bill for Laredo, for my district.
Bills:
HB842, HB1907, HB2844, HB2892, HB3439, HB4211, HB4536, HB5111, HB5138, HB5182, HB5247, HB5269, HB5323, HB5435, HJR201, SB871, HB3896, SJR40
Keywords:
power lines, Gulf Coast, weather-related outages, Public Utility Commission, infrastructure, government contracts, Chinese companies, information technology, cybersecurity, state regulations, food safety, mobile vendors, licensing, permitting exemptions, health inspections, nonprofit organizations, personal information, government disclosure, privacy, criminal penalties
CA
California 2025-2026 Regular Session
Assembly Transportation Committee Apr 7th, 2025
Transcript Highlights:
- And the things that I think are very important, especially when we talk about affordability, is that
- So I understand the importance of this, but right now we have to make sure we're being accountable for
- I'd like to thank the author for his continued leadership on this very important legislation.
- It's been important to me, and this is really for everyone who has talked about pilot programs.
- We appreciate the authorship of Assembly Members McKinner and Arons for this important measure.
Summary:
The Assembly Transportation Committee heard several transportation and climate-related bills. AB 954 would create a Caltrans pilot program for bike highways in two metropolitan areas and require a report to the Legislature; supporters said it would expand protected regional bike networks and help climate and equity goals, while some members objected that it would divert gas-tax-funded transportation dollars away from road repairs and rural needs. The bill passed on a 7-3 vote, with the roll held open for later additions.
AB 289 would authorize automated speed enforcement in active highway construction zones to protect workers. The author and labor and contractor witnesses described repeated work-zone crashes and fatalities and argued the cameras would supplement, not replace, CHP enforcement. Some members raised concerns about civil penalties and enforcement policy, but the bill advanced on a 9-? initial vote and later was approved 15-1 after the roll was completed.
AB 674 would update the Clean Cars for All program to prioritize pre-2004 high-polluting vehicles in disadvantaged and low-income communities and improve reporting and incentive rules. Supporters said older vehicles produce a disproportionate share of emissions and that the program has already retired thousands of cars; the committee approved the bill unanimously on the floor vote and sent it to the Committee on Natural Resources.
AB 1237 would let LA Metro and VTA add a $5 fee to primary ticket sales for 2026 FIFA World Cup and NCAA championship events to fund transit service, with ticket holders able to use transit on event day. Supporters said the fee would help manage congestion and security needs, while the Howard Jarvis Taxpayers Association argued it was an unconstitutional tax requiring voter approval. The bill passed and was re-referred to the Committee on Arts, Entertainment, Sports, and Tourism. AB 891 would create a Caltrans quick-build pilot for temporary safety improvements on state highways for pedestrians and bicyclists; supporters emphasized rapid, low-cost safety fixes, while opponents said the program could divert gas-tax funds and was not appropriate for rural areas. It passed 11-4 and was sent to Appropriations. The committee also approved a six-bill consent calendar.
FL
Florida 2025 Regular Session
Banking and Insurance Mar 25th, 2025
Transcript Highlights:
- Highlights the importance of human judgment decisions, ensuring that technology supplements rather than
- I think this is important. >> Yes, thank you very much. Appreciate the Senate.
- It is important about the gold is coming from the lbma critical find.
- And so I would say that that is one very important use case on the institutional side.
- And I think that's an important part component.
MN
Minnesota 2025-2026 Regular Session
House veterans panel OKs bill to aid struggling American Legion, VFW posts 2/12/25
Minnesota House Floor Meeting
Transcript Highlights:
- Representative Bennett, we are so grateful that you have introduced HF 195, and it's an important bill
- bill and we're 195 and it's an important bill and we're counting<00:03:56.040>
on <00:03:56.159 - These are important gaps filled that the federal, state, and local governments cannot address.
- These are important gaps filled that the federal, state, and local governments cannot address.
- And so we're an important part of the community.
HI
Hawaii 2025 Regular Session
House Chamber - Wed Feb 5, 2025, 12:00PM HST - Day 13
Hawaii House Floor Meeting
Transcript Highlights:
- <00:27:04.520>
to <00:27:04.960>ensuring <00:27:06.240>um that's very important - to ensuring um that's very important to ensuring um increasing<00:27:08.279>
the <00:27:08.600 - I also support and thank all of the hardworking members, but I also think it's important that if we hear
- I also support and thank all of the hardworking members, but I also think it's important that if we hear
- I also support and thank all of the hardworking members, but I also think it's important that if we hear
WY
Wyoming 2026 Regular Session
Joint Labor, Health & Social Services Committee, May 15, 2026 - AM
Labor, Health & Social Services
Transcript Highlights:
- Um single most important lever we have.
- <00:25:18.240>
I payer mix is very important to us. I payer mix is very important to us. - especially important to a pharmacist. especially important to a pharmacist.
- you know, this is such an important you know, this is such an important topic,<03:23:06.680>
- So, I think those are important<03:28:42.040>
clarifications, <03:28:43.200>um important
PA
Pennsylvania 2025-2026 Regular Session
Senate Session (Jun 25 2026)
Pennsylvania Senate Floor Meeting
Transcript Highlights:
- And that's the important point in this case. They have been convicted.
- It is of the utmost importance.
- That was a really important step forward. But our work is not finished.
- Further, I think it's also important to mention that our electricity bills are too high.
- These are things that I think are important as part of a conversation about affordability.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Health Care Financing Jun 21st, 2026 at 11:00 am
Joint Committee on Health Care Financing
Transcript Highlights:
- So I think getting the total picture of the assets is really important.
- However, one area of critical importance... ...and transparency to these companies.
- So, again, the feedback would be important. Any other questions from members of the committee?
- So, again, the feedback would be important. Any other questions and members of the committee?
- The balance right now has never been of greater importance. Our health care system is stressed.
Summary:
The Joint Committee on Health Care Financing held a public hearing on a broad set of health care bills focused on cost, market oversight, pharmaceutical access, transparency, hospital closures, and pharmacy access. Chairs John Lawn and Cindy Friedman opened by emphasizing recent health care reforms and the need for further action on the drug supply chain, PBMs, private equity, and affordability. The committee heard testimony on several measures, including a Betsy Lehman Center bill to make technical changes and create a permanent trust account for federal and private funding, and bills on hospital profits and fairness, hospital closures and health planning, pharmacy deserts, and health care market oversight and pharmaceutical access. No votes were taken during the hearing.
On the hospital profits bill, physicians and labor advocates strongly supported capping hospital CEO compensation at 50 times the lowest-paid worker, requiring greater financial transparency, and directing penalties from high-margin public hospitals into a Medicaid reimbursement fund. Testifiers argued that executive pay is excessive while frontline staff and safety-net services are under strain. Committee members raised concerns about unintended consequences, including whether hospitals might shift workers to contract status or lose executive talent, and whether the bill would actually direct money to the safety net. Supporters responded that the measure is one piece of a larger effort and that the bill’s Medicaid reimbursement provisions would help underserved hospitals.
Testimony on market oversight and pharmaceutical access centered on rising health care and drug costs, PBM practices, and the proposal to give the Health Policy Commission authority to set upper payment limits for certain drugs. Consumer advocates, disability advocates, an independent pharmacist, the Attorney General’s office, and others supported stronger oversight, citing premium increases, affordability problems, and the impact of high drug prices on patients and community pharmacies. Pharma and some industry witnesses opposed parts of the bill, warning that upper payment limits could disrupt access, create legal issues, and fail to address the broader supply chain. The committee also heard support for stronger hospital closure notice and public hearing requirements, and for a pharmacy deserts bill aimed at identifying and addressing closures like the one in Roxbury that affected thousands of patients.
VT
Transcript Highlights:
- The first is HCR 298, which is a House Concurrent Resolution recognizing the importance of the Vermont
- <00:02:42.440>
of Assembly recognizes the importance of Assembly recognizes the importance - <00:08:14.320>
time to 2020 was needed at an important time to 2020 was needed at an important - I feel like that's an important part to know how that notice will be submitted.
- <00:49:56.880>
safety this bill, we will have important safety this bill, we will have important
Summary:
The House began with a moment of silence and read two adopted House Concurrent Resolutions. HCR 298 recognized the importance of the Vermont Department of Fish and Wildlife’s fish culture program and hatcheries to aquatic sustainability, recreational fishing, education, and the economy. HCR 300 honored the life and work of Terry Anderson, a Vermont AIDS advocate, Democratic Party leader, and longtime activist; members offered personal tributes to his compassion, mentorship, and political leadership, and the resolution was sent to his family and the Vermont Democratic Party.
The chamber then took up several bills returned from the Senate. H. 583, relating to clinical decision-making, was explained as having minor Senate amendments adjusting dates and adding collaboration language for Green Mountain Care Board reporting; the House Health Care Committee recommended concurrence, and the House agreed. H. 657, relating to Department for Children and Families programming, was also amended in small ways, including changes to language on Social Security benefits for youth in foster care, certification forms for unaccompanied youth, and an effective date; after debate about whether the bill could affect family separation, the House adopted the Senate changes by roll call vote, 133-2.
The House next considered S. 202 on portable solar energy generation devices. The Senate’s changes narrowed landlord-related language and updated appliance efficiency standards; the House Energy Committee then proposed a further amendment striking the Senate’s addition of electric motors from the efficiency list, citing conflicting testimony, and the House concurred with that further amendment. Members also discussed notice procedures between tenants and landlords and the safety rationale for the bill.
Finally, the House passed S. 208 on standards for law enforcement identification and S. 212 on potable water supply and wastewater system connections, both in concurrence with proposals of amendment. The House then recessed until 1:00 p.m.
LA
Transcript Highlights:
- But I do think it's important.
- But I think it's important. To answer questions. One at a time, one at a time.
- The financial part is definitely important, but more important... The budget.
- The financial part is definitely important, but more important, I think that the vehicles that will still
- I just saw the content of it, and I think it's pretty important.
MN
Minnesota 2025-2026 Regular Session
Utility executive compensation 3/17/26
Minnesota House Floor Meeting
Transcript Highlights:
- For those of us who are experiencing economic stress, it is important to make sure the precious dollars
- <00:21:23.280>
that, <00:21:24.320>uh, And so, it's really important that, uh, And - Why is this one so important?
- Why is this one so important? Why years. Why is this one so important?
- So, thank you. arguably that is more important than the arguably that is more important than the investments
Summary:
The committee heard House File 76, as amended by the adopted A1 amendment, and the chair moved the bill to be re-referred to the general register. The bill would limit the amount investor-owned utilities can charge ratepayers for executive compensation, capping recoverable pay for the top 10 executives at the governor’s salary. Representative Greenman argued the measure would protect customers from paying for lavish executive pay and said it would not affect what executives are paid, only what can be recovered from ratepayers. She cited recent Public Utilities Commission action and ongoing rate cases as evidence the issue is real and recurring.
Supportive testimony came from a Minneapolis resident describing financial hardship and rising utility bills, a local worker who said customers have no choice of utility provider and should not fund monopoly executive pay, and advocates from the Energy and Policy Institute and Utility Reform Now, who said ratepayers should not subsidize excessive compensation and that the bill is a targeted reform. Xcel Energy and CenterPoint Energy opposed the bill’s premise by defending the current regulatory process. Their representatives said the PUC already reviews executive compensation in rate cases, generally allows only limited recovery, and has used that process for decades. Xcel also emphasized its affordability programs and said executives help secure savings and investments for customers.
Members discussed whether the legislature should set a bright-line rule or leave the issue to the PUC. Representative Greenman said the bill is needed because the PUC process can take years and the legislature should establish a clear standard for all investor-owned utilities. Some members supported the bill as a response to an affordability crisis and the lack of consumer choice, while others said the legislature should focus on broader energy-cost issues and existing regulatory tools. The committee did not take a final vote on the bill in the portion of the meeting provided, but the amendment was adopted and the bill was moved for re-referral to the general register.
CA
California 2025-2026 Regular Session
Assembly Emergency Management Committee Feb 24th, 2026
Transcript Highlights:
- Prevention is just as important as response.
- Prevention is just as important as response.
- And so I just hope that we can impress upon you the importance of us having an opportunity...
- That's important to a lot of the questions were asked.
- And, I mean, training is very important. And POST takes that very seriously.
Summary:
The committee held a hearing on active and mass shootings in California, focusing on prevention, response, training, communications, and gaps in preparedness across law enforcement, schools, campuses, fire, EMS, and state agencies. Opening remarks emphasized the frequency and impact of gun violence, the need for faster coordinated response, and the importance of learning from recent tragedies such as the Stockton-area mass shooting described by Sheriff Patrick Withrow. The first panel included representatives from police, sheriff, and campus public safety agencies, who discussed incident command, interoperable communications, next-generation 911, threat assessment, emergency notification systems, and the value of joint drills and cross-agency planning.
Witnesses also highlighted differences in training and authority across jurisdictions, especially for private university public safety departments versus public campus police. Campus representatives said they rely heavily on municipal law enforcement for armed response, while also using run-hide-fight protocols, text alerts, surveillance, and threat assessment teams. Members raised concerns about standardized training, after-action reviews, mental health resources, school resource officers, and whether campus safety plans and drills are sufficiently consistent or workable. Sheriff Withrow argued that early intervention and accountability are being weakened by well-intentioned laws, while other witnesses stressed prevention through relationships, diversion, and coordinated support services.
The second panel from Cal OES, the Department of Education, POST, and EMSA described statewide systems and standards. Cal OES outlined its Reduce the Risk initiative, gun violence restraining orders, mutual aid, unified command, after-action reporting, and nonprofit security grants. The Department of Education explained California’s statutory school safety framework, annual safety plans, regulated armed assailant drills, and local flexibility, while acknowledging compliance gaps and the need for more mental health support. POST described the new requirement for 16 hours of standardized active shooter training for recruits and ongoing local training options. EMSA explained its role in medical response and terrorism training standards. No votes or formal actions were taken during the hearing.
NM
Transcript Highlights:
- Chair and members of the committee, last year this body took important steps, responsible steps, when
- Local control, in my opinion, is very important. And Mr.
- The call to the officer to the counselor's office to get that news is much more important.
- I want to thank the sponsor for bringing this important bill forward.
- I just want to echo the importance of this issue and ask the committee to support this bill.
Keywords:
student use, wireless devices, public schools, policy implementation, education technology funding, driver education, driver's ed, driving school, motorcycle safety, traffic safety, vulnerable road users, pedestrian safety, bicycle safety, cyclist, bike lane, micromobility, scooter, moped, motorcycle training, DWI prevention
NM
New Mexico 2026 Regular Session
Senate - Conservation Jan 31st, 2026 at 09:07 am
Senate Conservation
Transcript Highlights:
- As I had mentioned the other day, this is an important program.
- part of the RAID grant is really important.
- That is really important to us in this process. Thank you for that.
- And it's so important.
- This is really important for our communities. This is really important for our communities.
Keywords:
food recovery, composting, waste management, solid waste surcharge, organic waste reduction, environment, grants, advisory group, bosque management, Rio Grande, environmental protection, water resources, fiscal appropriation, drinking water, well owners, water testing, water treatment, public health, agriculture, New Mexico Department of Agriculture
FL
Florida 2026 5th Special Session
Community Affairs Jan 27th, 2026
Transcript Highlights:
- And so I think wise development policies are important.
- And that, I think, is a really important shift.
- I think this bill has a lot of important things, positive things to consider.
- Getting this right has extra importance for Florida.
- I think that's important. However, we oppose the current bill as amended.
Summary:
The committee met with a quorum and considered a series of bills, many focused on local government authority, land use, housing, and public notice requirements. Several measures were reported favorably, including SB 984 on firefighter cancer benefits and prevention, SB 1612 requiring local governments to accept electronic payments, SB 936 on temporary door locking devices, SB 962 on affordable housing protections for farms, SB 218 on land use regulations in hurricane-affected counties, SB 1020 on regulation of chickee huts, and SB 1434 on infill redevelopment of environmentally challenged properties. SB 1180 on community development district recall elections was amended to narrow and clarify the recall process and to add provisions on synthetic turf and compact urban mixed-use districts before being reported favorably. SB 380 on legal notices was also amended and reported favorably despite significant opposition from the Florida Press Association, Common Cause, and others who argued it would further fragment public notice access; supporters said it would modernize publication options and save money.
Testimony on the bills was mixed. Supporters of the housing and redevelopment measures argued they would increase attainable housing, streamline approvals, and make better use of underutilized or contaminated land, while local government groups and advocacy organizations warned about overdevelopment, reduced public input, infrastructure strain, and conflicts with comprehensive planning. On SB 1444, which combined preemptions related to religious gatherings, private clubs, and certain permitting requirements, supporters framed it as protecting religious freedom and limiting local micromanagement, while the League of Cities and the Florida Association of Counties opposed it as overly broad and unclear; the bill nevertheless passed favorably after debate. SB 218 was presented as restoring normal land-use authority in counties unaffected by hurricanes while preserving protections in damaged areas, and SB 984 was described as clarifying firefighter cancer benefits and health coverage rules; both passed without controversy.
The committee also heard extensive testimony on SB 948, a strike-all on local government land development regulations and orders that would create a statewide framework for starter homes and lot-split rules within urban growth areas. Supporters said it would expand housing supply and reduce regulatory delays, while opponents said it would override local zoning, weaken infrastructure and environmental protections, and apply too broadly. The bill drew support from housing advocates and some local officials, but opposition from the Florida League of Cities, Florida Association of Counties, and others. The transcript ends with SB 948 still under consideration, with testimony continuing and no final vote shown in the excerpt.
NM
New Mexico 2025 Regular Session
IC - Land Grant Sep 8th, 2025
House Rural Development, Land Grants And Cultural Affairs
Transcript Highlights:
- Our lake and our water are so important to our area.
- So, I think it's important to note that.
- It is so important to us.
- Water is super important.
- That's important.
WA
Washington 2025-2026 Regular Session
Senate Health & Long-Term Care Jul 22nd, 2025
Transcript Highlights:
- For the next two hours, we are going to be discussing some very important health care updates.
- For the next two hours, we are going to be discussing some very important health care updates.
- And that's important.
- So some delegation of rulemaking authority we think is important.
- It's always important to touch back on this.
Summary:
The committee first received an update on the effects of HR1 and related federal Medicaid and marketplace changes from Governor’s Office and Health Care Authority staff. Presenters said the most immediate coverage losses are expected in the individual market beginning in January, with premium increases and an estimated 80,000 people potentially unable to afford coverage. They warned that larger Medicaid impacts will follow over the next year and beyond, including tighter eligibility checks, work requirements, reduced retroactive coverage, limits on state-directed payments and provider taxes, new cost-sharing, and changes affecting certain non-citizen adults. They also said the state plans to seek a waiver or extension for work requirements and will continue to analyze impacts, including on rural providers and Planned Parenthood-related services. Members asked about the effect on nursing homes, rural hospitals, and how the state can help providers and enrollees navigate the new requirements; staff said timelines and a state-specific implementation chart are being developed.
The committee then heard a report on the International Medical Graduate Work Group and Washington’s efforts to create pathways for internationally trained physicians. Testimony described the clinical experience license, the clinical evaluation assessment tool, grant funding for IMG support organizations, and a new hardship waiver process enacted this year. National presenters said many states have adopted similar pathways because of physician shortages, but Washington and Tennessee are among the few states that have actually issued licenses so far. They recommended clear guardrails, an employment offer before application, ECFMG certification, supervised practice, and data collection to avoid exploitation and protect patients. Members asked about state-to-state variation, retention of IMGs, and whether Washington should pursue dedicated residency or preceptorship options; presenters said the key next step is moving successful participants from supervised experience to a durable long-term license.
The final topic was implementation of Washington’s Apple Health doula benefit and the statewide doula hub and referral system. Senator T’wina Nobles highlighted the state’s $3,500 per-birth Medicaid reimbursement rate for doulas and the importance of the hub for referrals, training, and billing. Health Care Authority staff said the benefit launched January 1, 2025, and covers prenatal intake, labor and delivery, postpartum visits, and telehealth-supported services. They reported 336 state-certified doulas, 134 enrolled in Apple Health, 287 unique clients served, and 641 claims paid so far. Testimony emphasized doulas’ role in improving birth outcomes, reducing unnecessary interventions, and addressing racial disparities in maternal health, while noting that implementation is still early and ongoing.
NM
New Mexico 2025 Regular Session
IC - Federal Funding Stabilization Subcommittee Jul 1st, 2025
Federal Funding Stabilization Subcommittee
Transcript Highlights:
- It's very important that we turn them on and off as you're speaking.
- It's important To understand the importance of Medicaid and SNAP in New Mexico in particular, the Healthcare
- So it's, you know, a plan is pretty important.
- A goal is important; I think it's very important, but the plan itself, Mr.
- It also generates a really important form when they go to file.
TX
Texas 89th Regular
Senate Committee on Health and Human Services (Part I) May 21st, 2025
Health & Human Services
Transcript Highlights:
- Members, I also ask each of you and those witnessing to speak into the microphone because it is important
- That is an important statistic, but I think the more important statistic is if I heard the testimony
- So the due process is very important, right?
- Yes, you know striking that balance is extremely important because if we miss even on one child, it's
- I believe this amendment is really excellent because it adds these important safeguards.
Bills:
HB1106, HB3284, HB541, HB713, HB1403, HB1586, HB1942, HB2070, HB2844, HB2851, HB3151, HB3749, HB3940, HB3963, HB4454, HB4466, HB4795, HB5154, HB5394, SB1357, HB1052, HB4099, HB4638, HB5147
Keywords:
child abuse, neglect, gender identity, sexual orientation, child welfare, marriage, family, Texas Commission, family welfare, marriage support, stability, premarital education, child development, strong families, direct patient care, healthcare, physicians, medical services, insurance regulation, maternal health
FL
Florida 2026 5th Special Session
Fiscal Policy Apr 2nd, 2025
Transcript Highlights:
- But most important of all, Senator Simon, there's no words to express what I'm...
- This bill is so important. My personal experience... This bill is so important.
- Awareness is really important, but if we do it at the schools, it is affordable.
- It's important for us to hear that what we do actually can make a difference.
- The senator has raised a very important issue. I agree.
Summary:
The committee took up a series of bills and amendments, reporting several measures favorably. Early in the meeting, CS for CS for SB 344 modernizing the Telecommunications Access System Act was approved without opposition. The committee then adopted amendments and passed CS for SB 714 on non-opioid advanced directives, CS for SB 738 updating child care and early learning provider regulation, CS for SB 756 revising health insurance coverage for individuals with developmental disabilities, and CS for CS for SB 1356 creating a Florida Institute for Pediatric Rare Diseases at FSU and a newborn genetic testing pilot. Later, the committee also approved CS for SB 1624 on higher education, CS for SB 1626 on child welfare, SB 178 on an agronomic study for emerging crops, SB 1162 on water access facilities and boat ramp parking, CS for CS for SB 958 creating a type 1 diabetes early detection program, CS for CS for SB 1402 expanding dropout retrieval eligibility, SB 774 requiring electronic transmission of certain court orders, SB 1516 creating an international aerospace innovation fund, and SB 994 revising driver education requirements. Most of these bills were reported favorably by roll call votes after brief explanations and, in several cases, amendments.
Several measures drew substantive discussion and public testimony. CS for CS for SB 1624 prompted questions about replacing “minority” with “underrepresented,” the role of the Florida Department of Education’s Commission for Independent Education in overseeing private religious postsecondary institutions, and whether the changes could affect access for students at institutions such as FAMU and FIU. CS for CS for SB 1070 on ECGs for student athletes received extensive emotional testimony from parents and advocates describing children lost to sudden cardiac arrest and urging mandatory screenings; the sponsor said the bill would be cost-neutral for districts by encouraging partnerships with screening groups. SB 994 on driver education was discussed as a vehicle to add distracted driving instruction, and the sponsor agreed to work on that issue. SB 774 was presented as a response to a fatal delay in transmitting an ex parte order, with support from clerks and sheriffs.
The most extended debate centered on SB 810 on stormwater management systems. The sponsor said the bill, as amended, would narrow annual inspections to infrastructure identified as vulnerable by MS4 entities, but the Florida League of Cities, Florida Association of Counties, and Florida Stormwater Association warned the proposal could impose major costs and duplicate existing MS4 permit requirements. Committee members questioned the fiscal impact, whether the bill would apply to FDOT or other entities, and whether annual inspections were feasible for large and small jurisdictions alike. Despite those concerns, the sponsor and several members emphasized flood prevention and public safety, and the bill remained under discussion with the sponsor indicating continued willingness to work with stakeholders.