Video & Transcript : 'price estimates' :
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ND
North Dakota 2026 1st Special Session
Water Topics Overview Committee Mar 26th, 2026
Water Topics Overview Committee
Transcript Highlights:
- I did want to make mention of oil price.
- I did want to make mention of oil price.
- Our price is increasing. Are we seeing a lack of bidders?
- I believe this is based on the current estimates of project costs, oil prices, and production levels.
- The total estimated cost is approximately $761 million.
Committee:
Joint Water Topics Overview Committee
Summary:
The Water Topics Overview Committee met with a quorum and heard updates from Department of Water Resources Director Reese Haas and Lieutenant Governor/State Water Commission Chair Michelle Strinden on statewide water funding, major projects, and two legislative studies requested in House Bill 1020. Haas reviewed the status of the Northwest Area Water Supply and Southwest Pipeline projects, noting NAWS construction is expected to move water by fall and Southwest’s Hebron-Rugby expansion phase one is in final design with bids expected next month. He also summarized the department’s budget outlook, including Resources Trust Fund and Water Project Stabilization Fund balances, the effect of oil price volatility and stripper well exemptions on revenues, and the status of project buckets, carryover, lines of credit, regionalization, bid trends, and administrative/process updates.
Committee members asked about project prioritization, municipal funding demand, maintenance expectations, replacement versus deferred maintenance, and whether the 2025 session may have underfunded municipal water supply needs. Haas said the commission uses the same high/medium/low prioritization process across all buckets, reviews maintenance plans as part of policy, and is seeing strong demand in the municipal bucket. He also explained that the department’s 14-year projection is based on the next seven legislative sessions and that the state faces a projected $1.3 billion shortfall over that period if all planned projects are funded under current assumptions.
Deloitte then presented draft findings from the cost-share policy study and the governance/finance study. For cost share, Deloitte said the model shows a roughly $1.3 billion shortfall over 14 years and about $1.8 billion through 2031 under current policy, and offered seven options including tighter eligibility for replacement projects, state funding caps for the Mouse River and Red River Valley projects, a priority-based cost-share scale, timing shifts, use of existing lines of credit, and delayed reimbursement timing. For governance, Deloitte outlined draft options for Southwest, NAWS, and Red River ranging from maintaining current structures with stronger planning to transferring ownership or adding formal oversight, and recommended broader use of performance metrics, long-term financial planning, and clearer decision trees. No votes or formal actions were taken; the commission discussed the scenarios and the studies will return in revised form later in the spring.
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 2/27/25
Commerce Finance and Policy
Transcript Highlights:
- from our reports and then again the PMPM estimates that were calculated in our reports.
- </c> and then again the um pmpm estimates and then again the um pmpm estimates that<00:18:12.679><c>
- </c> report on healthc care spending prices report on healthc care spending prices and<00:46:47.680><
- </c><00:46:57.599><c> transparency</c> the Rand Hospital price transparency the Rand Hospital price transparency
- </c> the the per member per month estimates the the per member per month estimates that<01:18:12.480>
Committee:
House Commerce Finance and Policy
HI
Transcript Highlights:
- </c> price caps don't work. price caps don't work.
- . prices. prices.
- </c> there that price caps don't work. there that price caps don't work.
- </c> The price is going to be? So, we support stuff like price transparency, right?
- </c> the original ticket price. the original ticket price.
Committee:
House Culture & Arts
Keywords:
Hawaii Symphony Orchestra, state funding, public performances, educational programs, cultural arts funding, culture and arts, arts policy, cultural preservation, community development, economic revitalization, place-based planning, public spaces, historic preservation, adaptive reuse, mixed-use development, business improvement district, Honolulu Chinatown, DBEDT, Department of Business, Economic Development, and Tourism, state foundation on culture and the arts
Summary:
The committee heard testimony on SB 2603 SD1, which would designate the Hawaii Symphony Orchestra as the state symphony orchestra, require annual reports to the legislature, and appropriate funds. Testimony was overwhelmingly in support from the orchestra, the Hawaii Youth Symphony, the Hawaii Arts Alliance, business and arts groups, and many individuals. Supporters emphasized the orchestra’s cultural value, its role in inspiring youth and supporting arts education, and its broader community impact. No opposition or questions were raised, and the chair offered praise for the level of public engagement around the measure.
The committee then took up SB 3007 SD2, relating to culture and the arts, which would create an Office of Community Culture and Innovation within the State Foundation on Culture and the Arts, require annual reporting, appropriate funds, and establish a Community and Cultural Partnerships Program. The Attorney General’s office warned that section four, which separately funds preservation and relocation of artwork from Aloha Stadium, may be non-germane and should be moved to a separate bill; it also suggested the office would be more properly placed under DAGS rather than SFCA. SFCA Director Karen Ewald testified with concerns about added costs, staffing burdens, and the need for earlier communication, while also saying the agency could support the work if properly coordinated. Opposition testimony argued the bill was duplicative or unnecessary, while supporters, including Governor Abercrombie and Dean Sakamoto, said it would help communities, especially Chinatown, and could support planning and cultural revitalization. The chair noted roughly eight opposition testimonies and five in support, and questioned witnesses about coordination and the cost of relocating the Aloha Stadium artwork, which Ewald estimated could cost at least $1.2 million. The AG’s office said removing section four would substantially reduce legal risk.
Finally, the committee heard SB 3019 SD2, a consumer protection measure that would cap ticket resale prices at no more than $3 above the original price for events in Hawaii and authorize DCCA to adopt enforcement rules and fines. The Office of Consumer Protection opposed the bill, arguing it would strain limited enforcement resources, push sales to less regulated channels, and likely eliminate the protections offered by established secondary platforms. Chamber of Progress also opposed the bill, saying price caps would encourage black-market sales, scams, and fraud, and that resale markets serve legitimate consumer needs. In support, the National Independent Venue Association backed the measure, though the remainder of its testimony was not fully captured in the transcript excerpt.
CA
California 2025-2026 Regular Session
Senate Select Committee on California's Wine Industry Mar 12th, 2026
Transcript Highlights:
- First is that grape demand and prices are deeply depressed right now.
- So we had skyrocketing costs and we had no growth in prices in some areas.
- The estimated costs at the low end are about $10,000 an acre.
- In August of '25, that number was estimated to be closer to 477,000.
- It's estimated to be right now around 2.4 million tons.
Summary:
The Senate Select Committee on California’s Wine Industry held its first meeting at Napa Valley College, with opening remarks from Chair Senator Christopher Cabaldon and Assembly Majority Leader Cecilia Aguiar-Curry emphasizing the industry’s importance to California’s economy and communities. The chair said the hearing was intended to gather information and ideas, not to vote on legislation, and to inform future policy, budget, and oversight work. The first panel focused on research and trends, with speakers from Sonoma State, UC Davis, and Terrain describing the industry as facing structural change rather than a temporary downturn.
Panelists said California wine is confronting falling consumption, rising costs, labor shortages, housing pressures, tariffs, and competition from imports. Dr. Damien Wilson argued the industry has relied too heavily on premiumization and must focus on attracting new consumers, especially younger generations, through more accessible products, better marketing, and evidence-based decision-making. UC Davis’s Ben Mumpeteet said grapevine disease, extreme weather, and water shortages require long-term research investment and stronger university-industry-state partnerships. Chris Bitter, a wine economist, reported that California wine sales are down about 25% since 2019, that large amounts of grapes have gone unpicked, and that vineyard removals and falling vineyard values reflect a severe supply-demand imbalance; he urged regulatory review, trade competitiveness analysis, and transition support for growers.
The committee then heard from industry representatives. Michael Miller of the California Association of Wine Grape Growers described a crisis in which growers can produce high-quality fruit but have no buyers, leading to abandoned or removed vineyards, lost farm revenue, and pressure to restore market balance. Honor Comfort of the Wine Institute presented the Share Wine Co-Lab, an open-access marketing platform designed to help wineries better reach younger consumers through data-driven, collaborative outreach. Jane Lisa Tamayo of Family Winemakers of California discussed the burden on smaller wineries and growers, including regulatory and market challenges. Members and witnesses also discussed changing consumer preferences, the need to adapt to younger drinkers, and concerns about tariffs and trade policy, with the chair warning that broad tariff calls had harmed export markets such as Canada.
A final panel addressed tourism, farmworker impacts, and water regulation. Visit Napa Valley’s Lindsay Gallagher said tourism remains strong in Napa but is increasingly dependent on broader destination marketing beyond wine, while international visitation has declined. Sonia DeLuca of the Napa Valley Farmworker Foundation said declining sales and rising costs reduce hours and income for farmworkers and urged targeted relief, wage-loss support, and continued bilingual training. State Water Board official Annalisa Kihar outlined the 2021 Winery General Order for winery process water, saying it was designed to streamline permitting, improve consistency, and reduce burdens on small wineries while protecting water quality; she reported 56 wineries enrolled and 122 under review, and said the board is working with industry partners on technical support and sustainability-based compliance pathways.
MN
Minnesota 2025-2026 Regular Session
Committee on Energy, Utilities, Environment and Climate - 02/19/25
Energy, Utilities, Environment, and Climate
Transcript Highlights:
- We are using it for a storm recovery, and it's estimated will save customers $50 million in the interest
- will save customers $50 it's estimated will save customers $50 million<00:04:58.440><c> in</c><00:04
- </c><00:10:00.480><c> spiked</c> in an envir in which the price spiked in an envir in which the price
- or whether it's on, you know, fuel price or, uh, it looked like there's also an opportunity to find
- or whether it's on, you know, fuel price, or, uh, it looked like there's also an opportunity to find
ID
Idaho 2026 Regular Session
Agenda Jan 14th, 2026
Transcript Highlights:
- Price? Thank you. Manwaring, Mitchell, Price, Bruce, Harris, Harris. Thank you.
- Representative Price. Thank you, Mr. Chairman. Mr.
- Chairman, Representative Price, I'm going to do my best.
- Yes, Representative Price. Thank you, Mr. Chairman. And Mr.
- And 2027 is, again, a best estimate by the agency. The balances there are estimates.
Summary:
The committee met as JFAC for a statewide budget overview and related process presentations. Keith Bybee of LSO walked members through the general fund outlook, emphasizing that projected revenues for FY 2026 and FY 2027 are below current budgeted spending, creating a structural imbalance that will require either budget reductions or use of one-time cash and reserve balances. He highlighted major statutory cost drivers over the last several years, including public defense, IT services, Medicaid expansion, public schools, and water resources, and reviewed cash reconciliation items, transfers, supplementals, rescissions, and the governor’s proposed use of various fund balances and interest earnings to help balance the budget. Members asked about the deficit, corrections costs, tax conformity timing, fire suppression deficiency funds, and whether stabilization funds should be used; Bybee stressed that the Legislature has options but must decide whether to rely on short-term money or make longer-term structural changes.
Janet Jessup then explained the budget hearing process and the Legislative Budget Book, including historical summaries, fund analyses, organizational charts, five-year snapshots, performance measures, and enhancement/outcome reporting. Morgan Poloni followed with an overview of deficiency warrants and supplemental appropriations, explaining that deficiency warrants cover certain authorized expenses after they occur and are typically used for items like fire suppression or pest control, while supplementals adjust the current year appropriation and can apply to general, dedicated, or federal funds. She noted that deficiency warrant requests have grown in recent years, largely due to pest control, and that supplemental and rescission bills may require emergency clauses to take effect immediately.
Francis Lippett presented on state health insurance costs, saying FY 2024 spending on health and dental insurance was $646.2 million and that costs are rising faster than in prior years. She explained how the state uses employee premiums, a sweep account, and reserve balances to stabilize the plan, and said the FY 2027 appropriation is expected to rise about 14 percent, with employee premiums projected to increase 7.3 percent to maintain the current 80/20 cost split. Members asked about why premiums are charged for benefit-eligible employees who decline coverage, how reserve targets are set, how school district employees fit into the state plan, and how the state selects its insurance carrier; the Division of Insurance administrator said the plan is administered by Regence under a multi-year contract and that the state will rebid the plan within the contract term.
CO
Colorado 2026 Regular Session
Colorado Senate 2026 Legislative Day 086 Apr 10th, 2026
Colorado Senate Floor Meeting
Transcript Highlights:
- </c> And whereas there were an estimated And whereas there were an estimated 57,000<00:20:20.320><c>
- </c> in Colorado save taxpayers an estimated in Colorado save taxpayers an estimated $1<00:20:30.520>
- an estimated $64 billion annually. annually. annually.
- The price went up, I mean, like a hundred times.
- The price went up it.
Summary:
The Senate met with a quorum, approved the journal, and then proceeded out of order to consider Senate Joint Resolution 20, recognizing April 9, 2026, as Home Education Day in Colorado. Senator Pelton spoke in strong support of home education, describing it as a parent-led choice that benefits students and families. The resolution was adopted on a 30-0 vote, and the current roll was added as co-sponsors.
The chamber then took up the consent calendar and passed House Bill 1229, House Bill 1244, and Senate Bill 153. HB 1229, which concerns the human-animal bond as a social determinant of health, drew three no votes from Senators Pelton, Zamora Wilson, and Baeza; the other two measures passed unanimously. The Senate also laid over third reading of bills until Friday, April 10.
In Committee of the Whole, senators considered Senate Bill 72, which increases criminal penalties for assaultive conduct involving a motor vehicle and adds causing death with a motor vehicle to criminally negligent homicide. The committee adopted the report and advanced the bill on second reading. Later, the chamber laid over Senate Bill 134 and House Bill 1084 until April 10, and then took up Senate Bill 140, which would exempt certain rare disease and plasma therapies from review by the Prescription Drug Affordability Review Board. Sponsors and supporters argued the bill protects access for patients with rare diseases and prevents harm to treatment development, while opponents said it would weaken the PDAB’s affordability work and was too broad. Senators Weisman and Gonzales spoke against the bill, with Weisman citing concerns about the federal definition used and Gonzales defending the PDAB’s role in lowering drug costs; the debate continued in the transcript without a final vote shown.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Housing Jun 21st, 2026 at 11:00 am
Joint Committee on Housing
Transcript Highlights:
- They can outsource pricing... ...need to meet in smoky back rooms to coordinate prices.
- It doesn't regulate sales price.
- prices to attract demand.
- Price fixing manifests in code.
- Price fixing manifests in code.
Committee:
Joint Joint Committee on Housing
Summary:
The Joint Committee on Housing held a hybrid hearing on a broad slate of landlord-tenant and home rule bills, with most testimony focused on rent stabilization, tenant opportunity to purchase (TOPA), tenant fees, access to counsel, algorithmic rent fixing, and tenant protections in subsidized housing. Chairs Cyr and Haggerty outlined the hearing procedures and noted that written testimony could also be submitted. Several members and invited speakers emphasized that the committee was hearing from both local officials and residents affected by housing instability, especially in Somerville and other communities facing high rents and displacement.
Supporters of rent stabilization and local-option rent control argued that Massachusetts needs tools to prevent displacement while new housing is built. Senator Eldridge, Senator Jalen, Somerville officials, tenant organizers, and residents described steep rent increases, no-fault evictions, and the loss of naturally occurring affordable housing. Somerville’s home rule petition was described as allowing annual increases tied to CPI plus 2%, capped at 5%, with exemptions for owner-occupied two- and three-family homes and a 15-year exemption for new construction. TOPA supporters said it would let tenants or their designees buy buildings before speculative buyers, preserving affordable housing stock; opponents, including small landlords and property managers, argued rent control would reduce supply, discourage investment, and that TOPA could delay sales and harm properties.
The committee also heard testimony on bills to curb junk fees and regulate tenant charges, including limits on late fees, lease renewal fees, payment portal fees, attorney’s fees, and other add-on charges. Advocates said these fees can add hundreds of dollars a month and disproportionately harm low-income renters and renters of color. Another major topic was algorithmic rent fixing: Senator Moore and Representative Sabadoza said landlords should not use software such as RealPage to coordinate pricing, citing federal antitrust actions and arguing that competition is essential to lowering rents. Additional testimony supported a statewide right to counsel in eviction cases, with legal services providers saying representation dramatically improves outcomes and can save the state money, and a bill to create an office of tenant protections to better enforce sanitary code violations. No votes or final actions were taken during the hearing.
ND
North Dakota 2026 1st Special Session
Budget Section Leadership Division Mar 18th, 2026 at 01:00 pm
Transcript Highlights:
- And they use Brent prices in their report.
- And they use Brent prices in their report.
- I'm just going to touch on prices.
- at $70, which would put our prices at $60.
- at $70, which would put our prices at $60.
Summary:
The Leadership Division of the Budget Section approved the prior meeting minutes and then received an update from Senator Jonathan Sickler on the Cash Management Board’s interim work under House Bill 1278. He said the board has reviewed state cash, investments, and liquidity across agencies and concluded the state’s overall mix of long-term and short-term assets is appropriate, with about $35 billion in total liquid assets and investments and roughly 89% in longer-term investments. He highlighted process improvements already underway, including replacing more than 500 six-month CDs with a special-rate savings account to reduce administrative work, and said the board sees opportunities to improve forecasting, automation, and statewide coordination. Members asked about whether the CD change would increase returns, how the Legacy Fund transfer for the homestead tax relief bill affected earnings, and whether more state cash could be consolidated or better managed through BND; Sickler and BND staff said those issues are being studied and may lead to legislation for the 2027 session.
Representative Nathan Toman then updated the committee on the Task Force on Government Efficiency. He said the group has focused less on cutting dollars and more on defining metrics and asking how the legislature knows whether programs are working. The task force is pushing a standard set of questions for new or expanding programs—who is affected, expected outcomes, alternatives, how success will be measured, and full funding—and OMB has agreed to require those answers in future budget requests. Members discussed possible use of dashboards, program evaluators, AI tools, and possible rule or statutory changes to require performance measurement. Toman said the task force will continue meeting with agencies such as the courts, university system, auditor, HHS, Commerce, and ITD to identify workflow bottlenecks and potential efficiencies.
Phil Davis of Job Service North Dakota gave a workforce update, reporting that North Dakota’s unemployment rate is 2.5% and labor force participation is about 68.7%, both well above national performance. He described Job Service’s 15 workforce programs, including H-2A housing inspections for foreign agricultural workers, the job placement partnership program with DOCR, WOTC, and other federal and state workforce efforts. Davis said the agency served more than 11,000 individuals in 2025, operates nine workforce centers, and tracks outcomes through quarterly and annual reporting. In response to questions, he said job openings data reflect only positions in the system and may understate actual hiring needs, that child care and other assistance programs could be better tied to employment outcomes, and that the DOCR partnership has shown strong results with lower recidivism and higher earnings. He also said the H-2A inspection workload is growing quickly and additional staffing or less frequent federal inspection requirements could help.
Allen Knutson then presented S&P Global’s updated revenue forecast. He said oil prices have risen sharply since the prior month’s outlook, improving the state’s near-term revenue picture, though the economy remains volatile and agriculture is facing weaker commodity prices. Based on the updated forecast, total major tax revenues for the current biennium are projected to be about $89 million above the legislative forecast, and the next biennium could be about $500 million higher, though that estimate is preliminary and may change. He also walked through an alternate oil-price scenario showing significantly higher oil and gas collections and a larger Strategic Investment Fund balance if prices remain elevated. Members asked whether another forecast should be requested once oil markets stabilize and about tribal allocation changes in the alternative scenario; Knutson said additional updates are possible through OMB and future forecast cycles.
WA
Washington 2025-2026 Regular Session
Senate Health & Long-Term Care Jan 16th, 2026
Transcript Highlights:
- As background, the 340B drug pricing program requires drug manufacturers to provide price discounts on
- And in fact, 340B helps discourage excessive drug prices when a manufacturer raises their price faster
- And in fact, 340B helps discourage excessive drug prices when a manufacturer raises their price faster
- Instead, they may request reimbursement based on undiscounted prices.
- For the tribes, the 340B program is not a pricing preference.
Summary:
The Senate Health and Long-Term Care Committee held a hearing on several bills. SB 5904 would prohibit non-human entities from using nursing titles; the sponsor and nursing groups said it is meant to increase transparency around AI and ensure patients know when they are interacting with a real nurse. SB 5915 would change Health Technology Assessment Program review criteria and timelines, with supporters arguing it would better account for Medicare coverage and national guidelines, especially for rare and life-threatening conditions. SB 6025 would update the definition of fetal death to allow gestational age to be determined by the best clinically accurate method rather than last menstrual period, and medical professionals and the sponsor said this would reduce emotional, financial, and legal burdens on grieving families. SB 5933 would require near real-time sharing of overdose data into ODMAP; public health, local government, and recovery advocates said it would improve overdose response, while one witness asked that poison center data be included and clarified separately. SB 5990 would allow APRNs and physician assistants to serve as local health officers in counties under 100,000 population; rural county officials supported the added flexibility, while public health groups and naturopathic physicians raised concerns about qualifications and asked that naturopathic doctors be included as well. SB 5981 would restrict drug manufacturers from limiting 340B drug access through contract pharmacies or requiring data as a condition of discounts; safety-net hospitals, community health centers, pharmacies, and patients said it protects access and reinvestment in care, while manufacturers, employer groups, and industry representatives argued it increases costs, lacks transparency, and may not ensure savings reach patients.
No votes or final committee actions were taken in the transcript; each bill was heard and testimony was closed. Sign-in counts were reported for several bills, including strong pro support for SB 5904, SB 5915, SB 5933, and SB 5981, and mixed or substantial opposition on SB 6025 and SB 5990.
MN
Transcript Highlights:
- </c><00:02:38.000><c> about</c> of what we know about and estimate about of what we know about and estimate
- </c><00:04:42.640><c> the</c> straightforward for us to estimate the straightforward for us to estimate
- </c> information together to roughly estimate information together to roughly estimate um<00:24:08.400
- </c><01:18:48.800><c> of</c> the cost through onto the prices of the cost through onto the prices of
- </c> So that's the way I read the revenue estimate as prepared by the department.
Committee:
Senate Taxes
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Mar 3rd, 2026
Transcript Highlights:
- The estimate will be updated at the May Revision.
- With delivery network companies, they typically sell it at the same price.
- California, we hear a lot about highest in the nation, prices going up.
- We are estimated... Over voice over internet protocol entities.
- We are estimating conservatively at least a 50% increase in our assessment workload.
MN
Minnesota 2025-2026 Regular Session
House Housing Finance and Policy Committee 2/26/25
Housing Finance and Policy
Transcript Highlights:
- Our current house prices are roughly 50% of homeowners can afford to purchase a moderately priced entry-level
- The proportion drops to 29% that can afford a move-up house priced at $350,000.
- Their current house prices are roughly 50% of homeowners can afford to purchase a moderately priced entry-level
- The proportion drops to 29% that can afford a move-up house priced at $350,000.
- Their current house prices are roughly 50% of homeowners can afford to purchase a moderately priced entry-level
Committee:
House Housing Finance and Policy
OR
Oregon 2026 Regular Session
Joint Interim Committee On Transportation Oversight 06/16/2026 5:30 PM
Transcript Highlights:
- Specifically regarding the cost estimate, we had several months of activity to complete a cost estimate
- Specifically, the new cost estimate...
- That's referred to as the base cost estimate.
- This update is then an update from our 2022 estimate, which was a $5 billion to $7.5 billion estimate
- This is part of updating the cost estimate as well.
Summary:
The committee first received an informational update on the Interstate Bridge Replacement Project from Carly Francis and Travis Brower. They described the project’s purpose as improving seismic resilience, safety, freight movement, transit, and bicycle/pedestrian access across the Columbia River, and said the updated cost estimate is $13.2 billion to $14.4 billion for the full corridor. They explained the increase from the 2022 estimate as driven by construction inflation, a more conservative inflation curve, schedule delays, more detailed engineering, and risk modeling. They also outlined the funding plan, including $2.1 billion in federal funds, $1 billion each from Oregon and Washington, and $1.5 billion in projected toll revenue, and said they are working to obligate federal funds by the end of September. The panel described a first funded phase that would include the bridge, highway connections, tolling infrastructure, bridge removal, and transit design, with light rail to Vancouver still intended but dependent on additional funding. Members questioned the risk of losing federal transit funds, whether bridge design decisions were being made with legislative input, and whether the space reserved for light rail could be used for buses if transit funding does not materialize.
The committee then heard testimony on maintaining Oregon’s existing roads and bridges from representatives of Knife River, the Asphalt Pavement Association of Oregon, and CRH. Witnesses said pavement and bridge preservation is severely underfunded, with ODOT needing about $400 million per year for pavement preservation but receiving roughly $100 million annually. They showed examples of deteriorating highways such as U.S. 97 and I-84 and argued that delaying maintenance leads to much higher reconstruction costs, more safety risks, and higher user costs. Knife River described layoffs and reduced work in Oregon because of limited preservation funding, while witnesses also said rising wages, equipment costs, fuel, and permitting delays are increasing project costs. Committee members asked about the role of prevailing wage, diesel equipment, hauling distances, and whether preservation work could be prioritized more effectively.
Finally, economist Joe Cortright presented on recent ODOT megaproject cost overruns. He said Oregon has experienced persistent overruns driven by overly optimistic revenue forecasts, heavy reliance on debt, consultant costs, inflation above forecast, and projects that have become much larger in scope than originally presented. He cited major increases in the Interstate Bridge, Rose Quarter, and Abernathy Bridge projects and argued that some designs are far wider and more expensive than necessary. Cortright said better accountability, clearer priorities, and more disciplined project sizing are needed, and committee members pressed him on why agencies proceed with larger designs even when consultants recommend narrower, less expensive alternatives.
CA
California 2025-2026 Regular Session
Joint Legislative Committee on Climate Change Policies Feb 23rd, 2026
Joint Legislative Committee on Climate Change Policies
Transcript Highlights:
- mechanism, which avoids price spikes and helps keep costs low.
- We have the OPG model, which gives us estimates.
- We have the OPG model, which gives us estimates and average.
- And so they're sort of assuming a kind of intermediate price.
- As allowance budgets decline, price volatility likely increases.
Summary:
The committee heard an overview and discussion of CARB’s proposed amendments to California’s Cap-and-Invest program, implemented under AB 1207 and SB 840. Chairs and members emphasized the program’s role in meeting climate targets while balancing affordability, and CARB described the proposal as intended to preserve market certainty, strengthen cost containment, address utility affordability, and support the state’s 2045 carbon-neutrality goal. CARB also noted the public comment period, the planned board hearing, and the goal of an effective date of September 1, 2026.
Members questioned CARB on several implementation issues, including whether the rulemaking would be completed on time, the treatment of carbon capture and sequestration, the timing of the transfer of allowances from natural gas utilities to electric utilities, and the impact on ratepayers. CARB said it was on track to meet the May deadline, that CCUS/CDR could be further refined in the proposal and would also be addressed in a separate SB 905 rulemaking later in the year, and that it was seeking to protect ratepayers while inviting more utility data during the comment period. The committee also discussed refining-sector leakage risk, gasoline imports, and how imported fuel is accounted for under cap-and-invest versus the low-carbon fuel standard.
A second panel of outside experts and stakeholders then testified. The Legislative Analyst’s Office and IEMAC representatives explained the major statutory changes, including putting offsets under the cap, shifting allowances from natural gas to electric utilities over time, and changing how allowance value is divided among utilities, industry, and the Greenhouse Gas Reduction Fund. They stressed that CARB has significant discretion in setting the allowance “pie,” and that more free allocations to utilities or industry reduce GGRF revenues. EDF’s representative argued the proposal should be adopted this spring, said the utility transition should happen faster, and urged a tighter near-term emissions cap. SCAPA, representing publicly owned utilities, opposed the proposed utility allocation changes, saying they would reduce expected allowances, undermine long-term planning, and could force higher rates or reduced decarbonization investments.
WA
Transcript Highlights:
- The estimated 2028-2029 beneficiary savings are $5.1 to $19.2 million.
- The estimated 2028-2029 beneficiary savings are $5.1 to $19.2 million.
- Beneficiaries are estimated to save $1.2 million in the 2028–2029 period.
- The estimated beneficiary savings for the current biennium are $655,000.
- Oil prices overall, not much change there. We update that every time using futures prices.
Committee:
House Finance
WA
Transcript Highlights:
- In terms of estimated forecasted revenues, for the current biennium that's being written, the outlook
- House Bill 2747 modifies provisions for estimating forecasted revenues for budgets written during the
- The fiscal note for DOH estimates about $9.8 million... grants to providers of abortion care.
- makes it difficult to give a precise estimate.
- Using the Senate and House-passed budget levels as a basis for a total estimate, the total estimated
Bills:
HB2747
Committee:
House Appropriations
Keywords:
budget sustainability, state finance, fiscal policy, economic growth, government spending, 904, all
WA
Washington 2025-2026 Regular Session
House Finance Feb 24th, 2026
Transcript Highlights:
- Penalties and interest may apply to underpaid estimated taxes unless the estimated tax payments are at
- They're the price of a functioning society.
- And my calculations show that's an estimated 90 to 10% ratio against this proposal.
- We even pay the price with our bodies and our mental health.
- We're getting priced out of Washington. We're getting priced out of Washington.
Summary:
House Finance held a public hearing on Gross Substitute Senate Bill 6346, a proposal to impose a 9.9% tax beginning in 2028 on Washington taxable income over $1 million for individuals, with related rules for residents, nonresidents, pass-through entities, estimated payments, penalties, credits, and revenue distribution. Staff explained that the bill would also fund several tax changes, including an expanded Working Families Tax Credit, sales tax exemptions for grooming and hygiene products, higher small business B&O credits, an early end to the B&O surcharge on very large businesses, and repeal of most retail services sales tax changes from last session. The fiscal note projected about $2.53 billion in additional state revenue in FY 2029 and $3.21 billion in FY 2030, with local revenue losses and significant Department of Revenue implementation costs. The chair also announced concerns about apparent fraud and duplicate records in the public sign-in system and set testimony rules limiting questions and shortening testimony time as the hearing progressed.
The prime sponsor, Senator Jamie Peterson, said the bill was intended to make Washington’s tax system less regressive and to raise revenue for schools, health care, higher education, and other public needs while reducing the burden on lower- and middle-income residents. Supporters from labor, education, health care, child care, housing, poverty-reduction, and social service organizations argued that the bill would help fund essential services, expand the Working Families Tax Credit, and improve fairness by asking the wealthiest households to contribute more. Several individual supporters, including business owners and workers, said they were willing to pay more and described the need for better-funded schools, health care, child care, and public defense.
Opponents, including former Attorney General Rob McKenna, business groups, construction and real estate representatives, and taxpayer advocates, argued the measure would function as an unconstitutional income tax, would be unstable and likely expanded over time, and would harm small businesses organized as pass-through entities. They said the bill would reduce investment, discourage entrepreneurship, and could drive businesses and high earners out of Washington. Some local government representatives supported the public defense funding but asked for more dedicated revenue and protection against local revenue losses from the bill’s sales tax exemptions. No committee vote or final action was taken during the hearing.
ND
North Dakota 2025-2026 Regular Session
Water Topics Overview Committee Mar 26th, 2026
Transcript Highlights:
- I did want to make mention of oil price.
- I did want to make mention of oil price.
- Our price is increasing. Are we seeing a lack of bidders?
- I believe this is based on the current estimates of project costs and oil prices and production levels
- That has affected part of our price range here.
Summary:
The Water Topics Overview Committee met with a quorum and received updates from the Department of Water Resources and the State Water Commission, followed by presentations from Deloitte on two legislative studies required by House Bill 1020. Director Reese Haas reviewed major project and budget updates, including the Northwest Area Water Supply and Southwest Pipeline projects, Resources Trust Fund balances, carryover spending, project prioritization, bid conditions, regional water system coverage, and department process improvements. Members also discussed how the commission prioritizes projects, maintenance expectations, and the impact of limited municipal water supply funding. No formal committee action was taken during the DWR update; the commission’s municipal funding decisions were described as pending its April 8 meeting.
Deloitte then presented the cost-share policy study, which found that under current policy and forecasted revenues, North Dakota faces an estimated $1.3 billion shortfall over 14 years, with a near-term gap of about $1.8 billion through 2031. The firm outlined seven recommended options, including tighter definitions and a 25% cost share for eligible replacement projects, caps and financing strategies for the Mouse River and Red River Valley projects, aligning cost share with commission priority guidance, delaying lower-priority projects, using available lines of credit, and adjusting reimbursement timing for revolving loan funds. Committee members questioned inflation assumptions, affordability, user fees, and the use of legacy fund earnings for bonding, but no decisions were made.
In the governance and finance study, Deloitte said final recommendations are still being refined, with a final report due May 29. The study examined the Southwest Pipeline, NAWS, and Red River Valley systems using governance and finance criteria such as decision authority, transparency, affordability, risk, and access to funding. For Southwest, Deloitte outlined options ranging from improved state-authority coordination to transferring ownership to the Southwest Water Authority; for NAWS, options focused on strengthening the authority’s role and potentially transitioning operations and maintenance; and for Red River, options ranged from enhanced facilitation to formal state oversight or state ownership. Members asked follow-up questions about ownership transfer, capital repayment streams, and why NAWS was not considered for transfer, and Deloitte said NAWS’s limited organizational maturity made that option less viable in the near term.
NH
New Hampshire 2026 Regular Session
Governor's Capital Budget Hearing (06/18/2026)
Transcript Highlights:
- </c><00:08:20.880><c> So</c> priced issues. So priced issues.
- And the price... And the price tag came in for the 270 dams at $414 million at that time.
- And so, we're seeing the prices come in higher and higher.
- , you realize just an estimate, is good?
- We're doing an estimate. And then an estimate is a guess of somebody who does this for a...
Summary:
The hearing reconvened with testimony from several agencies on their capital budget requests. The Department of Environmental Services requested a little over $38 million, with major emphasis on dam repairs and design work for aging state-owned dams, including a $5.25 million match for possible FEMA BRIC funding at Pawtuckaway/Tuckaway and other projects such as Milton Three Ponds, Murphy Dam, and Lakeport Gates. DES also requested funding for state revolving loan fund matches, a Superfund match for the Savage Well site, IT and air-monitoring upgrades, and a new $750,000 cybersecurity request for water and wastewater systems. Committee members asked about FEMA eligibility, the distinction between design and construction money, and the timing and risk of banking funds if federal grants do not materialize.
The University System of New Hampshire requested $20 million in state support, primarily $15 million for a major Diamond Library renovation at UNH to create a student support hub and reduce/repurpose collection space, plus $2.5 million each for deferred maintenance at Plymouth State and Keene State. The Community College System requested about $16.6 million across seven projects, led by critical maintenance, campus safety/security upgrades, IT infrastructure, parking and site improvements, HVAC replacement at White Mountains Community College in Littleton, a building management/energy system, and modernization of NHTI’s dental clinic and radiology spaces. The Department of Education requested $29.5 million, including a $4.9 million internal management platform to replace paper-based and siloed systems, plus career and technical education capital projects; Milford’s CTE project was described as being revised after repeated failed bond votes, while ConVal said its revised project would focus on modernizing existing CTE space and adding a security vestibule.
Fish and Game requested $1.075 million for three facilities: Sewall Falls in Concord, the Lancaster Armory, and the Bunker Lane Barn in Durham, focusing on structural repairs, security, reconfiguration, and in one case replacement of a failing barn with a new 40-by-60 building. The department also said hatchery work is ongoing but that it is taking a cautious approach because of the planned New Hampton Hatchery and future capital needs. The Department of Natural and Cultural Resources requested $9.26 million for eight projects, including campground electrical upgrades at Ellacoya and Lake Francis, White Lake water system replacement, Mount Washington fuel tank and safety work, Odiorne Point visitor center work funded through parks revenue, roofing and parking lot repairs, Fox Forest office safety upgrades, and historic site repairs at White Island and Fort Constitution. Members asked about revenue-based capital, the stability of the parks fund, and flexibility in choosing projects as bids come in. The Department of Transportation began its presentation at the end of the transcript, but its detailed requests were not yet discussed.