Transcript Highlights:

• take advantage of the pool and invest their money at high interest rates while keeping the money liquid
• </c><03:40:11.479><c> so</c> rates um and that money stays liquid so rates um and that money stays liquid
• way for the depositors safe and liquid way for the depositors so<03:40:53.359><c> the</c><03:40:53.520
• It's very liquid. So, uh, how are they doing? I think they're doing pretty, pretty good. Okay.
• back in 24 hours it's very liquid so uh back in 24 hours it's very liquid so uh how<03:57:52.439><c>

Keywords: 928, house, all

Summary: The committee held a public hearing on House Bill 233, which would impose transparency and reporting requirements on the New Hampshire Vaccine Association. The prime sponsor, Representative Comto, said the bill and a proposed amendment were intended to increase public access by requiring a physical meeting location, making meetings available online, and publishing a complete list of vaccines and pharmaceutical products purchased. She argued the association should be more transparent because it is involved in vaccine purchasing and public trust is important, especially given controversy around vaccines. Committee members questioned the sponsor about the association’s legal status, who sets vaccine requirements, whether other private entities would be covered, and whether the proposal should instead apply more broadly to all meetings or include recordings. The sponsor said the association was created by the legislature, that childhood vaccine requirements come from DHHS and CDC-related processes, and that she would be open to broader recording requirements. Some members raised concerns about misinformation and whether requiring answers to public questions could be problematic in a contentious policy area. Patrick Miller, executive director of the Vaccine Association, and attorney Mark McHugh testified in opposition. They described the association as a not-for-profit voluntary corporation created by statute in 2002 to serve as a funding mechanism for the state’s universal childhood vaccine purchase program, with no policymaking role and no public funding. They said the association already posts notices, agendas, minutes, and allows public webinar access and comments, while also providing annual audits and reports and other statutory reporting. They argued HB 233 would impose unnecessary administrative costs on a private entity, interfere with its limited charitable purpose, and ultimately increase costs borne by insurers, employers, and consumers. No vote or final action was taken during the hearing.

Transcript Highlights:

• But, you know, for me to dig through to find his swallow study to say that he can't have liquids before
• they try... ...to say that he can't have liquids before they tried to give him a Tylenol orally, it's

Committee: House Health and Mental Health

Keywords: 959, house, all

Transcript Highlights:

• But, you know, for me to dig through to find his swallow study to say that he can't have liquids before
• they try— —to say that he can't have liquids before they tried to give him a Tylenol orally, it's too

Committee: House Health and Mental Health

Summary: The committee first met in executive session and adopted a substitute for House Bill 1962, then voted House Committee Substitute for HB 1962 do pass by 16-0. The substitute was described as making changes related to an epinephrine-related database and pricing. The committee then adopted a substitute for House Bill 2371 and voted House Committee Substitute for HB 2371 do pass by 16-0; the sponsor said the bill would codify existing Medicaid/state-plan coverage for a blood pressure-related issue and make the private insurance language consistent. House Concurrent Resolution 28 was also voted do pass by 16-0. The committee then heard House Bill 3457, “Maddie’s Law,” which would create an electronic medical-record alert for medically complex children so hospitals can quickly access individualized emergency care plans. Representative Burns presented the bill as a response to the death of a child named Maddie, and multiple family members and advocates testified in support, describing repeated emergency-room delays, the burden of carrying binders of records, and the need for one-click access to care plans. Questions focused on how the alert would work with existing systems, whether QR codes or bracelets might help, whether the bill should also apply to adults, and how the voluntary language fits with the goal of ensuring the information is available. An SSM Health lobbyist testified for information purposes, explaining that the STARS program is a voluntary EMS care-plan system started in 2014 and now includes about 1,800 children in Missouri and Illinois; he said the sponsor was willing to work on the language. Finally, the committee heard House Bill 3401, which would require hospitals to develop workplace violence prevention plans, multidisciplinary committees, risk assessments, training, reporting, and incident review processes, while keeping the bill flexible for different facilities. The sponsor and several health care groups cited high rates of threats and assaults against emergency and hospital staff and argued that violence is a preventable workplace risk that contributes to burnout and staffing shortages. Witnesses from emergency physicians, nurses, the Missouri Hospital Association, and other medical groups supported the bill, with some suggesting the signage language be broadened or simplified. No votes were taken on HB 3457 or HB 3401 before the committee adjourned.

Transcript Highlights:

• A proof gallon is defined as one liquid gallon...
• A proof gallon is defined as one liquid gallon containing 50% ethyl alcohol by volume.

Bills: SB1241 , SB1242 , SB1442 , SB1592 , SB1623 , SB1625 , SB1913 , SB1940 , SB1949 , SB2102 , SB592 , SB992

Committee: Senate Business and Insurance

Keywords: ticket sales, resale, consumer protection, fraud, bots, transparency, refunds, event tickets, medical marijuana, cannabis, marijuana license, commercial grower, grow operation, bond requirement, land reclamation fee, revolving fund, environmental remediation, redevelopment, Oklahoma Medical Marijuana Authority, OMMA

Summary: The Business and Insurance Committee considered a series of bills focused on credit card interchange fees, insurance regulation, alcohol licensing, utility contractor authority, medical marijuana bonding, and business liability. Senators Thompson’s SB 2102 and SB 1940 sought to limit swipe fees on large financial institutions and on taxes and tips, respectively; both passed after questions about the asset thresholds and their impact on merchants and banks. SB 1625, by Senator Fricks, would let the Oklahoma Insurance Department prepare impact analyses on health benefit plan legislation, and passed unanimously. SB 1442, by Senator Dossett, lowered distiller licensing fees, created a microdistillery license, and restored a liability insurance proof requirement through an amendment; it passed 11-0. SB 1623, by Floor Leader Daniels, would revise the state credit union charter and passed 11-0. SB 1242, by Senator Hamilton, increased the bond required for medical marijuana grows from $50,000 to $100,000 and passed 10-0. The committee also heard SB 1949 from Senator Logan, which would allow utility contractors to work closer to buildings on private property, up to five feet from structures, instead of stopping at the property line. The bill drew extended questioning from Senator Brooks about permitting, training, liability, and the relationship between utility contractors and plumbers; an industry representative testified that utility contractors already do much of the work under licensed plumbers and that the bill would reduce costs and speed projects, especially in rural areas. SB 1949 passed 8-2. Senator Reinhardt’s SB 1592 and SB 1913, both insurance-related committee substitutes, were described as ongoing negotiations aimed at homeowner insurance transparency and consumer protections; members were told the bills were still being refined, but both passed, 9-1 and 10-0, respectively. Additional measures included SB 592, which would let distributors issue credits to retailers after repeated product replacements, aimed at reducing losses from poor inventory control at large retailers; it passed 9-0. SB 992 would provide civil liability protection for businesses and property owners when violent criminal acts occur on their premises, except in cases of gross negligence; it prompted debate over gun-free zones, security, insurance, and whether the bill would reduce incentives for safety measures, but passed 5-3. Finally, SB 1241 created the Oklahoma Fraud and Ticketing Accountability Act to address fake tickets, bots, deceptive resale websites, and venue liability in the live-event market; supporters included arts venues, and the bill passed 8-0. The committee adjourned after completing its agenda.

Transcript Highlights:

• Broadly, investing plays an important role, as we've heard today from the other speakers, bringing liquidity
• it with integrity and real estate homebuyers have a place in this market because we're bringing liquidity

Committee: House Economic Development

Keywords: 959, house, all

Transcript Highlights:

• significant portion of UW's endowment is invested in private investment funds that are a lot less liquid
• Our portfolios are managed differently from both a liquidity standpoint as well as an asset allocation

Bills: HB2565 , HB1607 , HB2254 , HB2385 , HB2531 , HB2543

Committee: House Appropriations

Keywords: investment, gifts, grants, University of Washington, funding, higher education, recycling, waste reduction, environmental policy, sustainability, municipal regulations, HB 2254, Washington, Health Care Authority, partnership access line, psychiatric consultation line, first approach skills training, behavioral health, mental health, assessment

Transcript Highlights:

• WE ARE LOOKING AT LIQUIDATED DAMAGES WHERE THEY ARE APPROPRIATE.
• MY UNDERSTANDING IS WE HAVE NOT ASSESSED LIQUIDATED DAMAGES UNDER THIS CONTRACT, THAT BEING SAID AS WE

Transcript Highlights:

• I got stuck by some activists who gave me some liquid courage.
• If you're interested in some liquid courage, let me know. Happy birthday to Mr. McQueeney.

Committee: House Licensing & Administrative Procedures

Transcript Highlights:

• bill gives us the advantage of saying we could have some money set aside and be ready. have that liquidity
• But we do have a line of credit that gives us the liquidity that we need for $500 million.

Bills: HB778 , HB 1266 , HB1576 , HB2213 , HB2517 , HB2518 , HB2841 , HB3306 , HB3320 , HB3388 , HB3508 , HB3520 , HB3689

Committee: House Insurance

Keywords: credentialing, healthcare, physician assistants, advanced practice nurses, managed care, hurricane, windstorm, loss mitigation, grants, insurance discounts, property retrofitting, insurance, Texas Windstorm Insurance Association, board composition, coastal counties, property insurance, taxation, Texas FAIR Plan Association, premium taxes, maintenance taxes

Transcript Highlights:

• certain circumstances, requiring manufacturers of electronic nicotine delivery systems and nicotine liquids
• products with the state, establishing a directory of electronic nicotine delivery systems and nicotine liquids

Transcript Highlights:

• As of right now, based on our most recent reviews, we have well over $10.5 billion worth of total liquid
• Even at that higher number, we were still well positioned from a cash, you know, availability of liquid

Summary: The Government Operations Subcommittee met with a quorum and began with member introductions and remarks from the chair emphasizing the committee’s focus on government efficiency, accountability, and oversight of executive branch agencies. Members shared their districts and backgrounds, with several noting hurricane recovery in their communities and a shared interest in reducing bureaucracy and improving service to Floridians. The committee’s only presentation was from Chris Spencer, Executive Director of the State Board of Administration, who gave an overview of the SBA’s governance structure, investment responsibilities, and divestment policies. He explained the SBA’s management of more than $257 billion in assets, including the Florida Retirement System, the Florida Hurricane Catastrophe Fund, and Florida PRIME, and reviewed the Protecting Florida’s Investments Act restrictions covering Northern Ireland, Cuba, Venezuela, Israel, Sudan, Iran, and China. He also described the implementation of HB 7071, including the required divestment from direct holdings in Chinese companies, and said the SBA had reduced its direct Chinese holdings from 33 companies totaling over $172 million to 13 companies totaling about $64 million, with completion expected ahead of the September 1, 2025 deadline. Members asked detailed questions about the Israel boycott list, Morningstar and MSCI, how the SBA gathers information, whether Cuba’s federal designation changes affect Florida law, how companies are removed from scrutinized lists, and whether divestment timing could affect returns. Spencer said the SBA uses public and paid research sources, gives companies a 90-day cure period in some cases, and brings list changes to the trustees for approval. He also explained that the China benchmark change is intended to reduce passive exposure while still allowing active investment decisions, and said the PFIA restrictions have had a modestly positive overall effect on pension performance. The chair also asked about the Florida Retirement System funded ratio and the CAT Fund’s capacity; Spencer said the pension fund is at 80.7% funded, that actuarial assumptions are reviewed regularly, and that the CAT Fund currently has more than $10.5 billion in liquid claims-paying capacity and is expected to remain well positioned for hurricane losses. No votes were taken, and the meeting adjourned after the presentation and questions.

Transcript Highlights:

• public entities; provide relative to payments due on certain public works contracts, withholding of liquidated

Bills: HR192 , HR193 , HR194 , HCR80 , HCR81 , HCR82 , HCR83 , HCR84 , HCR85 , HR188 , HR189 , HR190 , HR191 , SB134 , SB140 , SB281 , SB331 , SB384 , SB389 , SB415 , SB451 , SB458 , SB479 , SB504 , SB523 , HR38 , HR96 , HR160 , HCR31 , HCR61 , SCR19 , HB316 , HB549 , HB578 , HB646 , HB748 , HB798 , HB824 , HB988 , HB989 , HB1001 , HB1032 , HB1081 , HB1108 , HB1129 , HB1140 , HB1157 , HB1186 , HB1192 , HB1195 , HB1198 , HB1222 , HB1244 , SB73 , SB89 , SB128 , SB149 , SB191 , SB196 , SB238 , SB318 , SB340 , HB225 , HR1 , HR17 , HCR5 , HCR4 , HCR47 , HCR32 , HB362 , HB893 , HB990 , HB1007 , HB1153 , HB1243 , HB12 , HB42 , HB205 , HB222 , HB267 , HB324 , HB325 , HB350 , HB478 , HB610 , HB617 , HB745 , HB749 , HB752 , HB797 , HB807 , HB821 , HB896 , HB979 , HB992 , HB1000 , HB1024 , HB1050 , HB1166 , HB1172 , HB1173 , HB1207 , HB1218 , HB1223 , SB162 , SB349 , SB350 , SB382 , SB383 , SB127 , SB244 , SB256 , HB911 , HB306 , HB366 , HB1161 , HB1230 , HB59 , HB481 , HB772 , HB897 , HB1003 , HB1008 , HB1112 , HB1180 , HB1189 , HB181 , HB1118 , HB901 , HR20 , HR74 , HB284 , HB393 , HB458 , HB459 , HB525 , HB577 , HB582 , HB605 , HB614 , HB682 , HB733 , HB773 , HB864 , HB996 , HB1035 , HB1058 , HB1082 , HB1113 , HB1234 , HB1240

Keywords: ACOG, maternal health, healthcare professionals, patient-physician relationship, obstetrics, gynecology, condolences, military service, veteran, community, memorial, visual acuity, student health, de-identified data, longitudinal analysis, education policy, property rights, carbon dioxide sequestration, expropriation, Landowner Bill of Rights

Summary: The House convened with a quorum, opened in prayer, and adopted the journal. Members received messages from the Senate on several House bills and Senate bills, and a number of House resolutions were introduced or laid over. The chamber also suspended rules to allow committees to continue meeting while the House was in session. Several local and ceremonial resolutions were taken up, including measures on public health data, carbon sequestration property rights, declining school enrollment, and commendations and condolences. The floor then considered a series of local bills and Senate bills, many of which passed with little or no opposition. Among the House bills approved were measures creating or adjusting local districts and utility-related authorities in Orleans and Jefferson parishes, including bills on the Regency Park Town Home Crime Prevention Security District, Sewage and Water Board procurement and lien authority, the Foulberg-New neighborhood improvement district, and temporary parish burn bans. The House also passed bills on broadband cable price notices, state finance limits, toll exemptions for school board-owned leased vehicles, prestige license plates, and a brain injury designation on driver’s licenses. Senate bills passed included measures on workers’ compensation evidence rules, recreation of the Department of Agriculture and Forestry, a soybean grain research board name change, incumbent worker training, interdict estate planning, and recreational alligator hunting. The most extensive debate centered on Senate Bill 256, which would consolidate Orleans Parish’s separate civil and criminal clerk of court offices into a single Orleans clerk. Supporters argued the change would align Orleans with the rest of the state, improve efficiency, and reduce costs, while preserving employees and services. Opponents raised concerns about the timing, the lack of broader legislative and public involvement, the impact on the recently elected criminal clerk, and possible disruption to court operations and constitutional rights. After lengthy questioning, the bill passed 89-8. The House also heard a personal privilege statement recognizing a school choir visiting the Capitol and later continued with additional Senate bills, including one on workers’ compensation medical review evidence and another on the Department of Agriculture and Forestry.

Transcript Highlights:

• House Bill 4450 just controls gummies and liquids.

Bills: HB3334 , HB4248 , HB4454 , HB3851

Committee: House Alcohol, Tobacco and Controlled Substances

Keywords: alcohol regulation, retail, recordkeeping, reporting, state laws, HB4248, hemp beverage, hemp drinks, THC beverage, cannabis beverage, intoxicating hemp, age restriction, under 21, minor possession, youth access, public health and safety, Title 63, Oklahoma Statutes, retail sales, alcohol-style regulation

Summary: The Tobacco, Alcohol, and Controlled Substances committee met with a quorum and considered several bills related to alcohol distribution and hemp/THC products. House Bill 3334, presented by Rep. Hays, would create a limited retail on-supply alcohol act allowing on-premise licensees to buy alcohol beverages from off-premise licensees. Supporters said it could help rural businesses facing strained supply chains and delayed deliveries after alcohol market changes; the committee voted to pass the bill. The committee then heard House Bill 4248, which would add protections to keep children from ingesting alcoholic drinks containing hemp with THC-like effects. Members discussed whether the bill might be amended further, but the author said the goal was to protect kids and preserve the bill’s current structure. The committee voted to pass HB 4248. House Bill 4450, presented by Rep. Newton, would regulate THC gummies and liquids by requiring serving-size labeling, limiting servings to 10 milligrams of THC each, and prohibiting child-attractive shapes such as animals, cartoons, or human forms. Members raised concerns about vague language like “reasonable resemblance” and about color restrictions, and the author said he was willing to work on those provisions. The committee voted to pass the bill. Finally, the committee considered House Bill 3851, which Rep. Marti said concerns the process for selling and distributing private label products and clarifies the ABLE Commission’s interpretation of current law. An amendment deleting Sections 1 and 3 was adopted without objection, and the committee then voted to pass the bill as amended. The meeting ended with the chair noting it was the last meeting of the year and adjourning.

Transcript Highlights:

• Reserves and liquidity: we look at some set standards for how much reserves should be in accordance with
• We see states rated at very high levels with very different reserve and liquidity policies, so it's more
• <01:20:00.199><c> uh</c><01:20:00.360><c> reserves</c><01:20:00.719><c> and</c><01:20:00.880><c> liquidity
• </c><01:20:01.760><c> we</c> imbalances uh reserves and liquidity we imbalances uh reserves and liquidity
• policies so it's more what the liquidity policies so it's more what the state<01:20:20.960><c> is</c

Committee: Senate Capital Investment

Keywords: 1187, senate, all

Transcript Highlights:

• We manage— We manage general fund core, your liquidity, we pay all your bills, we do all your transfers
• local government investment pool is something that we provide for counties and cities to have the liquidity
• diversification, the skill set... ...is something that we provide for counties and cities to have the liquidity

Committee: Senate House Appropriations & Finance

Summary: The committee heard budget presentations from the Secretary of State, the State Land Office, the Attorney General, and the State Auditor. The Secretary of State said its requested general fund budget of $15.88 million was intended to maintain baseline operations, replace lost federal cyber and election support, and address a 12% vacancy rate. Officials warned that the House recommendation still left major gaps for election security, tabulator replacement, campaign finance system upgrades, overseas and military ballot services, ballot tracking, and a new tax lien filing system. Senators pressed about the election fund, county burdens, and the risk of underfunding election administration; the office said the House had provided $15 million for the election fund for the primary and another $15 million for the general election, but not enough for operations or all capital needs. The State Land Office said it was satisfied with the House budget action and had no additional request. Staff described the office’s record revenues, low vacancy rate, clean audits, and proposed new positions tied to forestry, economic development, petroleum, geothermal, and royalty compliance work. Senators asked about long-term revenue trends, forest thinning and biomass opportunities, and bookkeeping around the land maintenance fund; the office said the new positions were intended to generate revenue and support land management, including fire mitigation. The Attorney General’s office presented a budget built around a 0% general fund increase, greater use of the Consumer Settlement Fund, and $4.5 million in special/extraordinary litigation funding. The AG emphasized active litigation and investigations involving consumer fraud, Medicaid fraud, federal funding cuts, Meta and other technology platforms, AI and child safety, gaming compacts, tobacco, and possible litigation over abandoned uranium mine cleanup. Senators asked about scam enforcement, the structure of settlement funds, and whether the office could take on uranium-related litigation; the AG said the office could prepare a litigation budget but warned such efforts would require sustained funding. The State Auditor said the House budget added only modest increases while the office faced about a 40% vacancy rate, difficulty recruiting auditors, and a shrinking pool of public accounting firms, creating risks for constitutional audit responsibilities.

Transcript Highlights:

• c><00:38:51.119><c> to</c><00:38:51.359><c> collect</c><00:38:51.680><c> any</c><00:38:51.920><c> liquid
• </c><00:38:52.240><c> or</c> the pipes to collect any liquid or the pipes to collect any liquid or debris
• they were thinking on a large scale about military operations such as AF or chrome plating, or other liquids
• they were thinking on a large scale about military operations such as AF or chrome plating, or other liquids
• The economics aren't there, but also putting liquid intakes to preventing further contamination.

Keywords: 910, house, all

Summary: The House Special Committee on Red Hill held an informational briefing at the State Capitol focused on updates from the Navy Closure Task Force Red Hill and NAVFAC Hawaii. Members and Navy officials opened by noting the meeting format, providing public links to tank closure supplement 4 and environmental remediation resources, and thanking Admiral Barnett for attending before his transition. The Navy emphasized that the Red Hill closure effort and the PFAS/PAS environmental remediation effort are separate but coordinated, and that both are long-term undertakings. For the closure effort, Navy officials reported progress on tank cleaning, ventilation, sludge removal, groundwater monitoring, and preparation for pipeline removal. They said supplement 4 to the tank closure plan was submitted in May and outlines the overall closure strategy, post-closure monitoring, and the decision to proceed with closure rather than wait for beneficial reuse decisions. They described completed ventilation of tanks 3 through 8, the start of tank 2 ventilation, removal of 283 gallons of sludge from the first six tanks, and plans to begin pipeline pigging and removal later this year. Officials also said all sludge samples tested so far were non-hazardous and that air monitoring has not shown elevated volatile organic readings during operations. NAVFAC Hawaii then outlined the PFAS/PAS remedial investigation under CERCLA, explaining the cleanup process, the nature of PFAS, and the role of aqueous film-forming foam as a source. The presentation said the Navy began investigating PFAS releases in 2014-2015, that the 2021 Red Hill fuel release led directly into remedial investigation work, and that current activities include quarterly groundwater sampling at 42 monitoring wells, installation of new shallow and deep wells, soil sampling where exceedances were found, fate-and-transport modeling, and human health risk assessments. Officials said data are publicly available on the Red Hill environmental website and that the next restoration advisory board meeting is scheduled for August 27. The Navy also gave a water resiliency update, saying it is upgrading the joint base drinking water system with pump, tank, and cybersecurity improvements and is installing treatment systems for the inactive Navy Aiea and Red Hill shafts ahead of EPA drinking water standards taking effect in 2029. No votes or formal committee actions were taken, as the meeting was informational only.

Transcript Highlights:

• E85 is a liquid fuel containing nominally 85% ethanol and 15% gasoline or renewable naphtha, traditionally
• E85 is a liquid fuel containing nominally 85% ethanol and 15% gasoline or renewable naphtha, traditionally

Summary: The Senate Transportation Committee heard a long agenda of transportation-related measures, with testimony focused on housing, safety, environmental access, and fuel affordability. Several bills dealt with Caltrans surplus or former freeway properties in the Los Angeles area: AB 1338 would let the City of Linwood transfer a public-purpose covenant to another parcel to enable 55 units of affordable housing; AB 1594 would remove a net-equity repayment requirement for Ronald McDonald House’s purchase of former SR 710 properties in Pasadena; and AB 2329 would create a more transparent process for tenants and cities to facilitate sales of former SR 710 homes, with support from South Pasadena and Pasadena officials and tenants. AB 2679 addressed safety and access around Lake Tahoe’s Emerald Bay corridor by allowing Caltrans and local Tahoe agencies to manage parking and improve pedestrian, transit, and public access infrastructure. The committee also heard several public safety bills aimed at impaired driving. AB 1685 would increase DMV points for gross vehicular manslaughter while intoxicated from two to three, and AB 1687 would extend the license revocation period for a third DUI conviction from three years to eight years, with an interlock option after four years. Both measures drew strong support from law enforcement, MADD, and victims’ families, including emotional testimony about repeat offenders and drunk-driving fatalities. AB 1613 would require an off-highway vehicle safety and stewardship course before access to off-highway lands beginning in 2029, with supporters describing it as an education-first response to rising OHV injuries and fatalities. Other bills focused on transportation efficiency and affordability. AB 2046 would allow EPA-approved E85 conversion kits in California, which supporters said would give drivers a cheaper, lower-carbon fuel option and improve fuel resiliency. AB 2168 would revise the Active Transportation Program to better prioritize transit-connected biking and walking projects and add stronger accountability for grantees that do not spend funds on time. AB 2263 would authorize the Santa Clara Valley Transportation Authority to reserve some affordable housing units for its employees, and supporters said it would help workers live closer to their jobs and reduce long commutes. The committee reported no opposition on most measures, and after quorum was established it approved the bills, sending them onward mostly to the Committee on Appropriations, with AB 2679 sent to Natural Resources and Water. Several votes were unanimous, while AB 1613 and AB 2168 drew some no votes but still advanced.

Transcript Highlights:

• Besides that, there are also liquid metals, which could be sodium or lead, that can be used to transfer
• Oklo is one of the liquid metal reactor technologies that is using uranium as a fuel. Thank you.

Committee: Joint Advanced Nuclear Energy Committee

Keywords: 908, all

Transcript Highlights:

• There are also liquid metals, which could be sodium or lead, that can be used to transfer the heat, right
• Oklo is one of the liquid metal reactor technologies that is using uranium as a fuel.

Committee: Joint Advanced Nuclear Energy Committee

Summary: The meeting was a presentation and Q&A at Idaho National Laboratory focused on the state of nuclear energy, advanced reactors, and the lab’s role in testing, regulation, and commercialization. Speakers described INL’s broader mission beyond nuclear, including cybersecurity and critical infrastructure, but emphasized its major nuclear capabilities: the Advanced Test Reactor, TREAT, the Materials and Fuels Complex, and other test beds used to accelerate fuel and materials testing. They also highlighted the lab’s size, workforce, internship pipeline, and partnerships with DOE, DHS, DOD, and private companies. A major topic was the federal push to speed up nuclear deployment through executive orders and regulatory reform. Speakers said DOE and the NRC are reducing unnecessary bureaucracy, streamlining environmental reviews, and working toward a goal of having three new nuclear systems achieve criticality by July 4, 2026. They discussed the difference between microreactors, small modular reactors, and traditional gigawatt-scale plants, arguing that advanced reactors can be factory-built, safer, and better suited for data centers, military bases, remote communities, industrial heat, and other nontraditional uses. They also said the U.S. is rebuilding its nuclear supply chain, including enrichment and fuel fabrication, and that states willing to host parts of the fuel cycle could see major economic benefits. The speakers addressed questions about cost, safety, waste, and international competition. They said advanced reactors rely on passive safety features, TRISO fuel, and natural circulation, and that the industry’s challenge is often cost uncertainty rather than a precise fuel or materials limit. They argued used nuclear fuel should be viewed as a resource rather than waste if recycling becomes policy, and said microreactors should produce relatively small amounts of spent fuel. They also noted that China and Russia continue to build aggressively, with China on pace to surpass the U.S. in total nuclear generation, while U.S. projects such as Palisades, Crane Clean Energy Center, Duane Arnold, Oklo, Aalo, MARVEL, and Project Pele are moving forward under DOE and private-sector partnerships.

Transcript Highlights:

• So this is about alleviating working-class families, trying to create more liquidity in the market, and
• I respectfully ask for an aye vote when the time comes on a bill to try to increase liquidity and incentivize

Summary: The Assembly Committee on Revenue and Taxation met as a subcommittee and announced that all bills on the agenda had revenue impacts placing them on the suspense file, so none were eligible for immediate vote. The chair also reviewed procedural rules, including the deadline for position letters and the suspense-file threshold, and later established a quorum before proceeding through the agenda. Most measures were presented, heard, and then referred to suspense without committee votes. Several bills focused on tax credits or exclusions tied to housing and property. AB 1606 proposed a five-year tax credit for small businesses facing cleanup costs from illegal dumping and encampments; AB 1971 would clarify that home-hardening retrofits are not assessable for property tax purposes; AB 2394 would create a capital gains exclusion to encourage long-term homeowners to sell and downsize; AB 1714 would offer a credit for sellers who complete required repairs for CalHFA-assisted first-time buyers; and AB 2389 would extend the property tax exclusion for newly installed solar systems. Supporters generally framed these bills as targeted relief or affordability measures, while opponents raised concerns about revenue loss, policy effectiveness, or implementation. The committee also heard a series of agriculture-related bills. AB 2427 proposed a tax credit for qualified agricultural producers to offset labor, equipment, infrastructure, and production costs, and AB 2192 would extend the state’s farm equipment sales tax exemption to local sales taxes with a General Fund backfill for local governments. Supporters argued both measures would help preserve California agriculture, jobs, and food security amid rising costs and regulatory burdens; opponents questioned the need for the subsidies and the size of the fiscal impact. Both bills were referred to suspense. Other measures included AB 1611, which would end a tax break on capital gains from single-family home sales for large corporate investors to discourage investor competition with homebuyers; AB 2522, which would exempt over-the-counter medications from sales tax; AB 2444, which would add a state deduction for ScholarShare 529 contributions and align California law with federal Roth IRA rollover rules; and AB 1550, which would allow deductions for tips and overtime. Each drew support from sponsors and allied groups, while tax reform and local government representatives opposed several bills over revenue and policy concerns. All of these measures were also sent to the suspense file, and the committee adjourned after completing its agenda.