Transcript Highlights:

• 01:12:11.719> that<01:12:11.960> they<01:12:12.159> not<01:12:12.400> be
• <01:12:13.360> 103d<01:12:14.360> typically<01:12:14.840> the<01:12:15.199><
• ><01:12:18.440> is<01:12:18.560> to<01:12:19.440> procure<01:12:19.840> a
• in the committee<02:12:06.040> report<02:12:07.040> um<02:12:07.880> that<02:12
• 12:34.079> of<02:12:34.199> work<02:12:34.360> to<02:12:34.440> try<02:12

Keywords: 910, house, all

Summary: The House Committee on Housing held a public hearing and moved quickly through a long agenda, beginning with HB 606 on the Department of Hawaiian Homelands. DHHL and several community testifiers strongly supported the bill, describing it as a way to fulfill long-standing promises to Native Hawaiians, reduce the DHHL waitlist, keep families in Hawaii, and support housing production and the broader economy. Testifiers emphasized the cultural and economic importance of stable housing and noted the large number of people still waiting for DHHL homes. The committee then heard HB 1086, also relating to DHHL, which would allow the department to use a $75 million appropriation from the dwelling unit revolving fund as collateral for loans. DHHL, HHFDC, and other supporters said the measure would help DHHL obtain better loan terms and preserve trust funds for other uses. Members asked detailed questions about how the collateral would work, whether other agencies use similar structures, and what would happen if the collateral were drawn upon; staff explained that the funds would be encumbered for the loan and that a similar model had been used for a HUD-backed project. The committee also heard HB 739, which would create the COM homes program to fund counties to buy voluntary deed restrictions from eligible homeowners or buyers. Supporters said the program could help keep local workers in Hawaii by using existing housing stock and cited examples from places like Aspen and Vail. The Attorney General’s office recommended amendments to remove duration requirements to avoid right-to-travel concerns, and the Tax Foundation suggested clarifying the conveyance tax exemption so it also covers the instrument imposing the restriction. Members asked whether tax dollars would be used to buy homes, who would be eligible, and how enforcement would work; supporters said the program is voluntary and income-blind, with restrictions tied to living and working in the state. No votes were taken during the hearing.

Transcript Highlights:

• I'm a Minnesota<00:12:39.600> resident<00:12:40.000> for<00:12:40.240> over<00:12
• I am<00:12:42.000> here<00:12:42.160> today<00:12:42.320> to<00:12:42.560> share
• <00:12:44.639> of<00:12:44.880> deep<00:12:45.120> fake<00:12:45.440> and
• > swap<00:12:46.480> technology<00:12:46.959> and<00:12:47.200> to<00:12:
• This bill<00:12:50.240> offers<00:12:50.560> a<00:12:50.720> vital<00:12:50.959>

Keywords: 1183, house

Transcript Highlights:

• 00:12:41.040> can<00:12:41.320> I<00:12:41.399> can<00:12:41.600> give<00
• > I<00:12:44.120> can<00:12:44.320> give<00:12:44.440> you<00:12:44.560>
• whole load<00:12:45.279> if<00:12:45.399> you<00:12:45.519> want<00:12:45.680><
• c> it<00:12:45.959> but<00:12:46.480> I<00:12:46.639> think<00:12:47.079>
• > thank<00:12:49.639> you<00:12:49.760> sir<00:12:50.639> uh<00:12:50.920

Keywords: Consideration of SB 176 01:52 Consideration of SB 104 05:03 Consideration of SB 9 08:09 Consideration of SB 129 18:50 Consideration of SB 178 31:20, 958, all

Summary: The House State Government Committee met with a quorum and took up several Senate bills, adopting committee substitutes where offered. Senate Bill 176, relating to statutory committees within the Legislative Research Commission, was presented by Senator Matt Nunn as a cleanup and process-streamlining measure for appointments, vacancies, and appointing authorities. It passed the committee 15-0 with a title amendment. Senate Bill 104, presented by Senator Scott Maiden and the Kentucky Public Employees Deferred Compensation Authority, would update deferred compensation law by adding a fiduciary standard, allowing less expensive liability insurance, making federal-law compliance self-correcting, and authorizing a self-directed brokerage account option. It passed 15-0 with favorable expression. Senate Bill 9, presented by Senator Jimmy Higdon, would change teacher retirement-related leave provisions, including up to 30 days of maternity leave, a 13-day annual rollover toward retirement, limits on using annual leave to increase retirement benefits, reporting requirements, and related cleanup provisions. After questions about maternity leave, district flexibility, and the actuarial cost of additional days, it passed 15-0 with favorable expression. Senate Bill 129, presented by Senator Rocky Adams and House sponsor Representative John Hudson, was described as a housing and redevelopment measure aimed at vacant, abandoned, and tax-delinquent properties in Louisville. Testimony focused on allowing qualified nonprofits to purchase certain tax-delinquent properties after a waiting period, along with provisions on density development, accessory dwelling units, urban development incentives, fire and code enforcement recovery, a Central Business District tax fix, and changes to binding elements. Members raised concerns about nonprofit qualifications, land bank overlap, and county clerk burden; the bill passed 13-1 with one pass and received a title amendment. Senate Bill 178, presented by Senator Mike Nemes, was a short reorganization bill to codify the transfer of the Department of Disability Determination Services Program from the Cabinet for Health and Family Services to the Labor Cabinet. It passed 12-0. The committee then recorded additional votes and adjourned, with the chair thanking members and staff, noting it was likely the final meeting of the year.

Transcript Highlights:

• <00:12:30.320> And<00:12:30.560> so<00:12:30.720> there<00:12:30.880> is<
• members<00:12:35.920> in<00:12:36.079> a<00:12:36.240> chief<00:12:36.480><
• And<00:12:38.800> some<00:12:38.880> of<00:12:38.959> them<00:12:39.120> are<
• > department<00:12:47.839> to<00:12:48.000> meet<00:12:48.160> the<00:12:
• 53.279> still<00:12:53.519> have<00:12:53.680> the<00:12:53.920> two<00:12

Keywords: Meeting Start: 00:00:13 Roll Call 00:00:24 Approval of Minutes from September Meeting 00:02:10 Presentation of Special Purpose Governmental Entities Report 00:03:19 Presentation of Kentucky League of Cities Legislative Platform for the Upcoming 2026 Session of the General Assembly 00:15:37 Discussion of Centralized Collection of Net Profits and Occupational License Taxes 00:37:05 Adjournment 00:55:53, 958, all

Summary: The committee received reports on special purpose governmental entities from the Department for Local Government and the Fire Commission. DLG staff described SPGEs as limited-jurisdiction political subdivisions and reviewed the department’s registry, reporting portal, compliance monitoring, and planned system upgrades such as a two-way message center, automated noncompliance notices, and tracking for new entities and board expirations. They reported that, as of October 10, 2025, 69% of SPGEs were active and discussed compliance data by cycle, fiscal year, and district type. The Fire Commission reported that fire department mergers have reduced the number of departments by 16 since last year, largely because of volunteer staffing shortages, while financial disclosure compliance had risen to 94%. The commission also noted 509 compliance reviews, 19 in-house inquiries, seven referrals to outside agencies, and one recent federal prison sentence in a theft case. Members asked whether DLG advises SPGEs on tax rates; staff said it only performs calculations and the entities set their own rates. Questions to the Fire Commission focused on whether department reductions meant station closures; officials explained that most changes were mergers that keep physical buildings in place while combining personnel and finances to meet minimum staffing requirements. They said the trend is spread across the state but is especially pronounced in rural areas. The Kentucky League of Cities then presented its 2026 legislative agenda. Its priorities included modernizing city revenue options, increasing equity in road funding, fixing tax increment financing issues, addressing transient room tax collection from web-based platforms, strengthening emergency response coordination, clarifying massage parlor regulation preemption, correcting unintended consequences of House Bill 606, improving newspaper publication rules, and modernizing procurement statutes. KLC also said it supports allowing all cities to collect restaurant tax revenue, wants cities to receive a larger share of road funds and EV-related revenues, and seeks state collection and remittance of any future local sales tax to comply with the Streamlined Sales and Use Tax Agreement. Members asked about best-value bidding, road-fund equity, Airbnb tax litigation, EV prevalence, and disaster funding applications; KLC said cities currently must accept the lowest bid, the road split should better reflect city street costs, the Airbnb tax case remains pending, EV data by locality has not been studied, and allowing cities to apply directly for disaster funds would reduce reliance on county officials. No votes or formal actions were taken beyond approving the September meeting minutes.

Transcript Highlights:

• <00:12:00.720> Yes,<00:12:00.880> it's<00:12:01.120> in<00:12:01.279> section
• Uh,<00:12:02.399> you'll<00:12:02.720> see<00:12:02.800> it<00:12:03.040> and
• <00:12:03.279> I<00:12:03.360> I<00:12:03.600> bolded<00:12:03.920> it
• <00:12:10.240> Section<00:12:10.639> Roman<00:12:10.959> number<00:12:11.279
• <00:12:23.360> be<00:12:23.440> made<00:12:23.680> aware<00:12:23.839> of

Keywords: 1191, senate, all

Summary: The committee of conference spent most of its time on Senate Bill 96, which deals with educator conduct and when information may be withheld from parents. The main dispute was over the House-amended language on violations and the “compelling state interest” standard. The Senate sponsor objected to extending penalties to third-party medical or mental health contractors and to language suggesting psychological or emotional injury to a child would not constitute a compelling state interest. The House side argued its draft was intended to keep the bill focused on credentialed educators and administrators, to include parents or guardians, and to avoid creating competing standards by relying on existing abuse definitions in statute. The House also added a requirement that any withholding of information be documented and reported to the school board in nonpublic session, and both sides discussed whether educators, administrators, nurses, and guidance counselors would be covered under the statutory definition of educator. The discussion also covered enforcement and penalties. The House draft proposed that an educator found to have willfully violated the law could have a credential suspended for a first offense and would face a minimum one-year suspension for multiple offenses, while the Senate raised concerns that this was too rigid and did not allow enough discretion or address revocation. The House later explained that the department would still have discretion on first offenses and that the one-year rule applied only to multiple offenses. Another point of disagreement was a three-year statute of limitations for investigations, which the House said was meant to prevent “witch hunts,” while the Senate noted New Hampshire’s constitutional prohibition on retroactive laws. After caucusing, the Senate rejected the House amendment, and the House then voted non-concur; the committee of conference adjourned without agreement. The transcript then moved to Senate Bill 87, concerning one-day liquor license requirements and allowing salons and barber shops to obtain on-premise licenses. The members discussed a House amendment that would allow two drinks instead of one, with supporters saying the change reflected the longer time customers may spend in salons and that alcohol service would still be covered by existing training requirements, including the EDGE course. Opponents worried that allowing multiple drinks would create over-serving and enforcement problems and could complicate business practices. After discussion, the Senate member agreed to go along with the House position, and the bill was reported ready for final sign-off.

Transcript Highlights:

• <00:12:47.839> Right<00:12:48.079> now,<00:12:48.480> I<00:12:48.720> would
• :12:49.680> the<00:12:49.920> cases<00:12:50.240> that<00:12:50.480> I'm
• Do<00:12:57.760> our<00:12:58.079> other<00:12:58.320> members<00:12:58.800>
• And<01:12:01.440> so<01:12:01.600> I'm<01:12:01.840> not<01:12:02.000> sure
• c><01:12:02.800> how<01:12:03.040> much<01:12:03.199> of<01:12:03.360> this

Keywords: 1189, house, all

Summary: The committee first approved the minutes from the March 6, 2026 meeting and then received updates from the Legislative Budget Assistant audit staff on several ongoing audits. Christine Young reported that the special education audit was in report-writing stage with 39 of 80 observations completed and a draft expected in the second quarter, the education freedom accounts audit had 27 of 42 observations completed with a draft also expected in the second quarter, and the Doorway program audit had a draft report with 15 observations sent to DHHS on March 30, with responses due April 24 and presentation expected at the May fiscal committee meeting. Members asked about the size of the special education report, and staff estimated it would be over 800 pages and roughly three pounds. The committee then reviewed prior audit responsiveness from the Human Rights Commission. The commission reported that 22 observations had been completed, with remaining issues focused on timely case processing, a formal risk assessment, and a performance measurement system. Officials said staffing shortages were improving, a risk assessment manual had been drafted, a scorecard system was nearly complete, and the commission’s rules were moving through the public hearing process. Members asked about the timeline, and the commission said case processing was averaging 20 to 22 months and that the remaining items were expected to be resolved over time. Police Standards and Training also reported progress on prior audit items. The director corrected one status designation and said the job task analysis for curriculum development was substantially resolved, with findings and recommendations being prepared for the council. He said work on fitness testing was on hold pending legislative action, the performance measurement and strategic planning item remained a priority, and the council was focusing first on updating administrative rules. He also said the corrections advisory committee likely needed a statutory amendment to better reflect members with practical corrections experience. In response to questions, he said the council does not certify county correctional officers but reviews county curriculum annually, and he said the agency would be open to discussing consolidation or a pathway for county officers to become state-certified. The Department of Corrections then updated the committee on parole board-related audit items, saying 11 of 13 DOC-related findings were resolved. The remaining issues involved implementing a structured decision-making process for the parole board and improving data collection for recidivism tracking; the board had applied to the National Institute of Corrections for training, and manual data collection was underway. DOC also said it had created a HIPAA-compliant release form to share substance use disorder treatment information with the parole board. Finally, OPLC reported on the mental health workforce audit, saying six findings were fully resolved and six substantially resolved, with most remaining items tied to rulemaking and application processing. The office expects to complete its backend system migration and improve timeliness metrics by the end of the year, and it recently launched a jurisprudence exam for the mental health board. Under potential audit topics, staff said two items remained suspended because of litigation, and the committee discussed whether to keep DHHS contract management on the list. Representative [name unclear] proposed adding two new education freedom account audit topics: verification of residency and eligibility, and a record of educational attainment while preserving student privacy. Members supported adding them, but staff warned the expanded scope could delay the report and would require coordination with the Department of Education and approval by the Fiscal Committee. The chair said staff would work with the commissioner and LBA to draft the revised scope for further committee action.

Transcript Highlights:

• <00:12:32.800> Um,<00:12:33.279> as<00:12:33.600> was<00:12:33.839> just<
• Department<00:12:37.519> of<00:12:37.680> Ed<00:12:37.839> in<00:12:38.079
• Um, and<00:12:40.959> the<00:12:41.279> only<00:12:41.600> extra<00:12:42.160>
• > color<00:12:42.480> I<00:12:42.720> could<00:12:42.880> add<00:12:43.040><
• And so uh our board is made up<00:33:07.760> of<00:33:08.320> 12 up of 12 up of 12 12<00

Keywords: 916, all

Transcript Highlights:

• <00:12:14.880> Investments<00:12:15.360> to<00:12:15.560> combat<00:12:16.160>
• <00:12:49.079> these<00:12:49.360> organizations<00:12:50.360> as<00:12:50.560><
• <00:12:56.040> to<00:12:56.240> combat<00:12:56.680> these<00:12:57.240>
• > on<00:12:58.800> the<00:12:58.920> GL<00:12:59.199> glal<00:12:59.440><
• > do<02:12:03.079> I<02:12:03.239> beg<02:12:03.480> you<02:12:03.719>

Keywords: U.S. House of Representatives Floor Proceedings on Wednesday, January 22, 2025, 1012, house, all

Transcript Highlights:

• > readers<00:12:02.959> digest<00:12:03.399> version<00:12:04.399> is<00:12:
• :06.399> this<00:12:06.720> was<00:12:06.959> filed<00:12:07.600> uh<00:12
• <00:12:35.600> So<00:12:36.000> HB<00:12:36.720> 1511<00:12:37.440> took<
• So HB 1511 took effect<00:12:38.079> in<00:12:38.320> July<00:12:38.800> of<00:12
• Um<01:12:22.320> my<01:12:22.560> name<01:12:22.719> is<01:12:22.880> David

Keywords: 1191, senate, all

Transcript Highlights:

• Not<00:12:01.440> an<00:12:01.560> intimidating<00:12:02.960> kind<00:12:03.240>
• c> you<00:12:11.240> would<00:12:11.440> like,<00:12:12.000> or<00:12:12.200
• Hope<00:12:16.200> to<00:12:16.320> see<00:12:16.480> you<00:12:16.600> there
• Are<00:12:19.920> there<00:12:20.280> any<00:12:20.760> further<00:12:21.360>
• Your<00:12:46.880> contributions<00:12:48.080> go<00:12:48.280> to<00:12:48.440>

Keywords: 926, house, all

Summary: The House opened with a devotional performance by four Vermont music therapists, followed by remarks recognizing music therapy as an evidence-based profession and welcoming the performers to the chamber. The body then handled several referral and procedural matters: Senate Bills 212 and 328, and Senate Bill 325 after an Environment Committee report, were referred to Ways and Means under House Rule 35A because of revenue impacts. The House also read HCR 263, congratulating the 2026 Mount Mansfield Union High School Division 1 championship girls basketball team, and members offered brief congratulations and announcements, including a birthday greeting for the Chief of Staff, notice of an art social, and a reminder about the House Adjournment Pool benefiting Good Samaritan Haven. The House voted to move Senate Bill 206, relating to licensure of early childhood educators, from Government Operations and Military Affairs to Human Services. It then took up House Bill 951, the state budget bill, suspended rules to consider it immediately, and voted not to concur with the Senate’s proposal of amendment. The House requested a committee of conference and appointed Representatives Shay, Feltes, and Lumley to serve on the House side, then suspended rules again to message its action to the Senate forthwith. In the orders of the day, the House passed House Bill 902 on amendments to the City of Barre charter, and passed Senate Bills 142, 179, 227, 230, and 298 in concurrence with proposals of amendment. Action on Senate Bill 223, relating to water quality, was postponed for two legislative days. The House then considered Senate Bill 327 on economic development, hearing detailed testimony from the Commerce and Economic Development, Ways and Means, and Appropriations committees. The bill would support small businesses, repeal the VEGI sunset, create hospitality and culinary workforce initiatives, revise the Rural Industrial Development Grant Program, authorize cash rounding when pennies are unavailable, and establish a C-PACE financing program. Ways and Means offered nine amendments, including changes to VEGI limits, grant language, rounding notice provisions, and C-PACE timing and tax clarifications; the House adopted the amendments and proposed the bill back to the Senate as amended.

Transcript Highlights:

• Um,<00:12:08.079> so<00:12:08.320> it<00:12:08.560> gets<00:12:08.800> pretty
• 12:11.279> here<00:12:11.519> then<00:12:11.760> is<00:12:12.200> to<00:12
• <00:12:16.399> to<00:12:16.560> be<00:12:16.720> paid<00:12:17.040> upfront,<
• :24.560> at<00:12:24.639> least<00:12:24.959> paid<00:12:25.200> in<00:12
• <00:12:27.360> and<00:12:27.519> a<00:12:27.760> person<00:12:28.000> is

Keywords: 1187, senate, all

Transcript Highlights:

• But<00:12:00.000> that's<00:12:00.399> they<00:12:00.720> already<00:12:01.040><
• <00:12:02.240> So<00:12:02.480> I<00:12:02.720> don't<00:12:02.880> think
• impact<00:12:05.760> will<00:12:06.000> will<00:12:06.320> have<00:12:06.560>
• to<00:12:14.720> be<00:12:14.880> licensed<00:12:15.279> and<00:12:15.600>
• 00:12:39.200> especially<00:12:39.680> lines<00:12:40.079> 12<00:12:40.320> to

Bills: SF0071, SF0088, SF0056

Keywords: homeland security, search and rescue, grants, emergency response, Wyoming, sex offender, child care facility, residency restrictions, public safety, criminal law, sex offenders, child care facilities, legislation, kratom, regulation, healthcare, age restrictions, manufacturing standards, 916, all

Transcript Highlights:

• :38.000> as<00:12:38.120> much<00:12:38.279> as<00:12:38.440> 25<00:12:38.839
• > to<00:12:38.959> 30%<00:12:39.639> after<00:12:39.839> 3<00:12:40.040><
• > the<00:12:46.000> outcome<00:12:46.279> of<00:12:46.399> the<00:12:46.519
• <00:12:52.519> similarly<00:12:53.000> to<00:12:53.279> how<00:12:53.480>
• /c><01:12:32.679> stuff<01:12:32.920> is<01:12:33.199> not<01:12:33.880> and<

Keywords: 1187, senate, all

Transcript Highlights:

• It's a dedicated<00:12:23.600> fund<00:12:23.920> to<00:12:24.160> support<00:12
• c><00:12:27.519> I<00:12:27.760> back<00:12:28.000> up<00:12:28.399> it<00
• <00:12:40.160> that<00:12:40.480> month<00:12:40.720> for<00:12:40.880> the
• :12:45.360> fund<00:12:45.519> that's<00:12:45.760> held<00:12:46.000> by
• 12:57.040> PPA<01:12:57.760> is<01:12:58.080> a<01:12:58.679> subsidy?

Keywords: 1189, house, all

Transcript Highlights:

• <00:12:06.320> Thank<00:12:06.560> you<00:12:06.680> Senator<00:12:07.040>
• Charlie Toliver.<00:12:20.120> I'd<00:12:20.280> ask<00:12:20.480> him<00:12:20.600
• We<00:12:30.600> have<00:12:30.800> a<00:12:30.840> busy<00:12:31.160> calendar
• Senate<00:12:36.839> we're<00:12:36.960> on<00:12:37.080> number<00:12:37.320>
• <00:12:52.440> us<00:12:52.640> with<00:12:52.880> this<00:12:53.160> week

Keywords: MS Senate Floor - 10 February, 2026; 10:00 AM, 925, all

Summary: The Senate convened with a quorum present, received an invocation from Dr. Denise Pope, and led the pledge of allegiance. The body then dispensed with the reading of the journal, committee reports, and bill titles. Several guests were introduced, including the doctor of the day, student pages, Carthage Christian Academy, Mississippi Valley State University visitors, the University of Southern Mississippi’s DuBard School and related programs, and members of the Mississippi Association of Nurse Anesthetists. The Senate took up Senate Bill 2896, which revises the Department of Public Safety salary schedule for MHP and MBN officers. Senator Hopson explained it as the vehicle for possible pay raises for troopers, NBI, and MBN officers, and the chamber adopted the committee substitute and passed the bill by morning roll call. The Senate also passed Senate Bill 2917, a recurring appropriations cleanup measure; its main change would allow Mississippi Valley State University to use previously designated dormitory funds for repair and renovation instead. A reverse repealer amendment was adopted before final passage by morning roll call. Senate Bill 2825, the Mississippi Health Care Industry Zone Act, was then considered. Senator Harkins said the bill extends the repealer for the health care industry zone incentive program to 2028 and noted the program has generated significant investment and jobs statewide. An amendment requested by the Mississippi Development Authority was adopted to revise eligibility language, including replacing a CON requirement with a requirement that a hospital have at least 25 acute care beds and deleting a section under current law. The bill then passed by morning roll call. Finally, the Senate considered Senate Bill 2894 on local improvement projects and the return of unexpended funds and earned interest. Senator Harkins explained that the bill would require older local improvement project funds to be returned if projects were not moving forward, require reporting to DFA and the Legislative Budget Office, allow audits, and permit limited extensions, while also withholding a portion of other state distributions for noncompliance. Senators raised concerns about projects that are already obligated or delayed by workforce and engineering constraints, and Harkins said the bill would be refined with a reverse repealer to work with LBO and avoid disrupting active projects. The bill was discussed but not finally disposed of in the portion of the transcript provided.

Transcript Highlights:

• > name,<00:12:36.160> but<00:12:36.399> there<00:12:36.560> are<00:12:36.720
• Their<00:12:40.079> families<00:12:40.480> are<00:12:40.639> hurting<00:12:41.040
• :46.320> and<00:12:46.560> we<00:12:46.800> must<00:12:46.959> also<00:12
• And<00:12:52.320> just<00:12:52.480> so<00:12:52.720> we<00:12:52.880> have
• c><00:12:53.040> them<00:12:53.200> on<00:12:53.360> the<00:12:53.600> record

Keywords: 1183, house

Transcript Highlights:

• 50.240> exams<00:12:50.720> on<00:12:50.959> them<00:12:51.200> as<00:12:
• And<00:12:56.720> this<00:12:56.959> is<00:12:57.200> very<00:12:57.600> important
• ><01:12:03.360> are<01:12:03.520> going<01:12:03.679> to<01:12:03.840> see
• So members,<01:12:13.440> I<01:12:13.600> would<01:12:13.840> urge<01:12:14.000>
• a<01:12:14.320> red<01:12:14.560> vote<01:12:14.800> on<01:12:14.960>

Keywords: 1183, house

Transcript Highlights:

• also<00:12:48.959> did<00:12:49.120> not<00:12:49.680> initially<00:12:50.240
• <01:12:05.199> you<01:12:05.360> you<01:12:05.679> have<01:12:05.840> to<
• to you have<01:12:06.640> to<01:12:07.440> bring<01:12:07.679> it<01:12:07.840>
• > it<01:12:13.760> has<01:12:13.840> to<01:12:14.000> be<01:12:14.080>
• > in<01:12:18.000> too,<01:12:18.239> as<01:12:18.480> far<01:12:18.560><

Bills: HF3465, HF3782, HF4075, HF391, HF3946, HF2976, HF3350

Keywords: theft, vulnerable adults, public safety, penalties, Minnesota statutes, chemical irritants, law enforcement, transparency, building owners, tenant rights, notification, remediation, firearm restrictions, domestic violence, court orders, criminal convictions, firearms prohibition, gun surrender, order for protection, protective order

Transcript Highlights:

• They have<00:12:12.720> their<00:12:12.880> their<00:12:13.120> own<00:12:13.279
• <00:12:22.480> we<00:12:22.720> had<00:12:23.200> the<00:12:23.519> the
• <00:12:25.519> Uh<00:12:26.079> so,<00:12:26.399> it's<00:12:26.720> not<
• <00:12:30.000> I<00:12:30.240> know<00:12:30.320> it's<00:12:30.560> an
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Keywords: 1189, house, all

Transcript Highlights:

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• 2024<00:12:09.000> or<00:12:09.160> a<00:12:09.240> little<00:12:09.399>
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Keywords: 928, house, all

Summary: The meeting was a Ways and Means briefing opened by the vice chair, who introduced Jason Wong of the Federal Home Loan Bank of Boston to discuss the national and regional economy. Wong focused on inflation, asking why it had fallen from about 9% in 2022 to the 2%–3% range, and what that meant for monetary policy and the risk of an economic downturn. He said the Fed’s target is 2%, noted that recent PCE inflation was about 2.4% and core PCE about 2.7%, and described the ongoing debate over whether interest rates should stay tight or be lowered further to protect the labor market. Wong explained that the improvement in inflation has been driven largely by goods prices, especially durable goods such as cars, appliances, and furniture, as well as non-durable goods like food. He said supply-chain disruptions during the pandemic caused major price spikes in 2022, but those pressures have eased and many goods prices are now at or below the Fed’s target. He also referenced the New York Fed’s Global Supply Chain Pressure Index, saying it showed extreme pandemic-era disruptions that have since receded. The main remaining inflation problem, he said, is in services, especially housing. Wong broke services into rent of shelter and all other services, explaining that shelter is a large share of household budgets and that housing inflation has a lag because rent measures often reflect older lease terms rather than current market rents. He said monthly Zillow data suggest market rents have cooled and may eventually feed through to official inflation measures. Members asked several questions about the chart’s time scale, the treatment of real estate, property taxes, and utilities, and Wong clarified that housing costs are counted in services and that the slides would be shared digitally. No votes or formal actions were taken.