Video & Transcript : 'foreign dividends' :
Page 26 of 206
CA
California 2025-2026 Regular Session
Senate Energy, Utilities and Communications Committee Mar 3rd, 2026
Transcript Highlights:
- The benefits to utility investors come from dividends, if any are paid, and from stock value if it increases
- where having folks on the inside that would be motivated to tell the true story could yield huge dividends
- So obviously you're against outsourcing because the... ...could yield huge dividends.
Summary:
The Senate Committee on Energy, Utilities and Communications held an oversight hearing focused on electric rates, utility regulation, affordability, reliability, and wildfire-related costs. The chair framed the discussion around the challenge of transitioning to a cleaner grid while keeping bills affordable and the system reliable, and noted the hearing also served as the annual update from the CPUC and Public Advocates Office. Professor Severin Borenstein gave a primer on utility regulation, explaining the split between deregulated generation and regulated transmission/distribution, the basics of cost-of-service regulation, and the role of return on equity. He argued that high allowed returns can encourage capital-intensive spending and that many public policy costs now embedded in rates would be better funded through the state budget, while warning that price caps or performance-based regulation are not silver bullets.
CPUC President-designate Alice Reynolds described the commission’s role as economic regulator of investor-owned utilities and said affordability is being addressed through rate case scrutiny, reasonableness reviews, and legislative direction. She said wildfire mitigation and insurance costs have been major drivers of rate increases, but some wildfire-related costs are time-limited and will roll off rates over time. She also highlighted progress on clean energy procurement, battery storage growth, and integrated resource planning to meet climate goals while maintaining reliability. Reynolds said the CPUC is reviewing utility spending, disallowing imprudent costs where appropriate, and litigating at FERC to challenge transmission costs.
Members pressed both witnesses on several issues, including whether rates are being inflated by legislative mandates and balancing accounts, whether utility returns are too high, and whether the state should shift more public-policy costs off electric bills and into the General Fund. Senators also raised concerns about load growth from data centers and ports, gas-system stranded assets as electrification advances, and whether the CPUC is over-regulating or discouraging innovation. Reynolds said the CPUC is working with the Energy Commission, CAISO, and the Air Resources Board on a holistic planning process, and pointed to tools such as interconnection reforms and demand flexibility. No votes were taken; the hearing was informational, with several follow-up requests for reports and data.
CA
California 2025-2026 Regular Session
Senate Energy, Utilities and Communications Committee Mar 3rd, 2026
Energy, Utilities and Communications
Transcript Highlights:
- The benefits to utility investors come from dividends, if any are paid, and from stock value if it increases
- where having folks on the inside that would be motivated to tell the true story could yield huge dividends
- Could yield huge dividends.
Committee:
Senate Energy, Utilities and Communications
Summary:
The Senate Committee on Energy, Utilities and Communications held an oversight hearing focused on electric rates, utility regulation, affordability, wildfire costs, and the California Public Utilities Commission’s role. Chair and members framed the discussion around the challenge of transitioning to a cleaner grid while maintaining reliability and keeping bills affordable. The hearing also served as the annual update from the CPUC and the Public Advocates Office, with testimony from Professor Severin Borenstein and CPUC President-designate Alice Reynolds.
Borenstein gave a primer on utility regulation, explaining that generation is largely deregulated while transmission and distribution remain regulated, and that most rate-setting follows cost-of-service regulation. He emphasized that the hardest issue is setting the allowed return on equity: too high can raise bills and encourage capital-heavy spending, while too low can deter investment and harm reliability. He argued there is no silver bullet, said performance-based regulation and price caps have limits, and suggested some costs now charged through electric bills—such as climate programs, low-income subsidies, and wildfire-related public policy costs—might more appropriately be paid through the state budget.
Reynolds described the CPUC’s oversight role, saying the commission reviews utility spending through general rate cases, balancing accounts, and other proceedings, and that affordability is addressed through front-end scrutiny, post-spend accountability, and legislative direction. She highlighted wildfire mitigation as a major driver of rate increases, noted recent progress on clean energy procurement and battery storage, and said the CPUC is working on return-on-equity decisions, FERC advocacy on transmission costs, and implementation of SB 254 and other statutes. Members pressed on a range of issues, including wildfire securitization, load growth from EVs and data centers, gas-system stranded assets, balancing accounts, and a water-service dispute in Keene involving Union Pacific. No votes were taken; the hearing was informational, with several follow-up commitments from the CPUC to provide data and updates.
CA
California 2025-2026 Regular Session
Senate Energy, Utilities and Communications Committee Mar 3rd, 2026
Energy, Utilities and Communications
Transcript Highlights:
- The benefits to utility investors come from dividends, if any are paid, and from stock value if it increases
- where having folks on the inside that would be motivated to tell the true story could yield huge dividends
- Could yield huge dividends.
Committee:
Senate Energy, Utilities and Communications
HI
Hawaii 2025 Regular Session
EDN Public Hearing - Tue Mar 11, 2025 @ 2:00 PM HST
Transcript Highlights:
- Making sure kids can eat is going to pay dividends now because they’re not hungry, and down the line
- This can be a plan. dividends now because they're not hungry dividends now because they're not hungry
Summary:
The committee heard several education-related bills, with testimony largely in support. SB 1388 and SB 1393, both concerning the School Facilities Authority and Department of Education representation and land conveyances, received support from DOE and the School Facilities Authority, with no questions or action taken. SB 423, which would add Head Start representation to the Early Learning Board, was supported by the Early Learning Board and the Executive Office on Early Learning, which explained the bill would realign the board with federal Head Start Act requirements after the board was restructured in Act 170; EEL also requested an effective-date amendment. SB 422, allowing DOE to award diplomas to students whose education was disrupted by war, drew support from DOE, the Chamber of Commerce, the Military Council, and the Special Education Advisory Council, but also significant opposition from the Hawaii Patriot Republicans and many individuals; members asked questions about the bill, and DOE explained the measure’s purpose, but no vote was taken.
The committee also took testimony on SB 532, which would expand who may administer certain medications in schools. DOE, the Department of Health, and the University of Hawaii supported the bill. Members asked detailed questions about oral, nasal, and topical medications and the process for prescription review and administration; DOE explained that parents request the medication, a school form is completed, a nurse reviews it, and either a trained school health assistant or a contracted nurse administers the medication. DOE said the measure could improve attendance and learning, especially for students with ADHD, asthma, and other chronic conditions. The committee then heard SB 659 on locally sourced food products and school meals, where DOE’s procurement office opposed the higher small-purchase threshold and DOE exemption from procurement rules, while Ulupono Initiative, Hawaii Farm Bureau, Hawaii Public Health Institute, and others supported the bill as a way to advance farm-to-school goals and the 30% local food target by 2030. Testimony and questioning focused on the proposed threshold increase, transparency, and whether an online bidding system would be preferable.
Finally, the committee heard SB 1300 on subsidies for ALICE families’ school meals. DOE supported the bill but requested amendments: defining eligibility at 250% of the federal poverty level, delaying implementation until the 2026-2027 school year, and covering reduced-price lunch students in full for 2025-2026. HSTA, Hawaii Appleseed, Catholic Charities Hawaii, Pride at Work Hawaii, Hawaii Youth Services Network, and others supported the measure, emphasizing food insecurity, the burden of meal paperwork, and the educational importance of free meals. Hawaii Appleseed suggested replacing ALICE with a federal poverty level standard and removing a rulemaking requirement that could delay implementation. No votes or final committee actions were reported in the transcript.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Ways and Means Mar 27th, 2026
Joint Committee on Ways and Means
Transcript Highlights:
- the updated regulations that have allowed birth centers to function, I think, will eventually pay dividends
- We do that through administration of the Conrad J-1 visa program, which helps foreign-trained physicians
- the courage of the Legislature that passed the Physician Pathways Act, we now have a pathway for foreign-trained
- So foreign-trained physicians can apply with a community health center to get a medical license here
Committee:
Joint Joint Committee on Ways and Means
Summary:
The hearing was a Joint Committee on Ways and Means budget session on health and human services, held in Clinton and opened with remarks from the House and Senate co-chairs, local officials, and committee members. The chairs emphasized the importance of hearing directly from agencies about the Commonwealth’s health care and human services budget needs, thanked Clinton for hosting, and introduced the day’s panels, beginning with the Executive Office of Health and Human Services (EOHHS) and then MassHealth.
Secretary Kiame Mahania presented Governor Healey’s FY27 EOHHS budget, describing a $33.7 billion request driven largely by non-discretionary cost growth, caseload increases, and federal uncertainty. He highlighted targeted investments in foster parent reimbursement, family resource centers, maternal health, food assistance, immigrant legal services, and workforce rates, while warning that federal cuts and the Trump administration’s One Big Beautiful Bill Act could strip billions from state health funding. Members questioned him about primary care shortages, federal program integrity audits, ConnectorCare, regional health disparities, and the proposed cap on adult dental coverage; he defended the cap as a difficult but necessary cost-control measure and said the administration would continue cooperating with federal partners.
Undersecretary Michael Levine then testified for MassHealth, saying the agency faces two major challenges: rapid cost growth and looming federal changes. He outlined a $22.7 billion gross MassHealth budget and proposed actions including a moratorium on new expansions, capping adult dental benefits at $1,000, ending GLP-1 coverage for weight loss only, reducing care management spending to peer-state levels, and convening work groups to slow growth in personal care attendant, adult foster care, and adult day health programs. He also warned that federal policy changes could cause about 300,000 residents to lose coverage by 2030 and reduce federal revenue by about $3.5 billion, and said MassHealth would use outreach and systems changes to help eligible members stay covered. Members raised concerns about the impact of these cuts on homeless care, preventive services, dental access, GLP-1s, and regional hospital and specialist shortages, while Levine argued the proposals were aimed at preserving core coverage and sustainability.
LA
Transcript Highlights:
- Representative Geymann is an act to amend Title IX relative to immovable property to provide relative to foreign
- adversaries or persons connected with foreign adversaries.
Bills:
SCR63 , SCR12 , HB89 , HB451 , HB595 , HB617 , HB621 , HB730 , HB1064 , HB1125 , HB221 , HCR58 , SB106 , SB206 , SB248 , SB441 , SB104 , SB122 , SB180 , SB260 , SB424 , SB476 , SCR9 , SCR30 , SB57 , SB414 , SB525 , SB35 , SB65 , SB135 , SB215 , SB246 , SB249 , SB269 , SB276 , SB282 , SB296 , SB323 , SB363 , SB369 , SB474 , SB484 , SB490 , SB492 , SB500 , SB501 , SB513 , HCR31 , HB462 , HB547 , HB613 , HB691 , HB712 , HB720 , HB723 , HB728 , HB735 , HB747 , HB759 , HB825 , HB845 , HB846 , HB903 , HB904 , HB907 , HB923 , HB929 , HB941 , HB962 , HB965 , HB1036 , HB287 , HB370 , HB515 , HB521 , HB570 , HB1200 , HB29 , HB39 , HB58 , HB67 , HB73 , HB76 , HB77 , HB82 , HB112 , HB121 , HB125 , HB132 , HB134 , HB151 , HB154 , HB155 , HB161 , HB166 , HB187 , HB191 , HB207 , HB211 , HB224 , HB238 , HB241 , HB242 , HB250 , HB260 , HB265 , HB275 , HB300 , HB320 , HB338 , HB339 , HB349 , HB379 , HB399 , HB427 , HB463 , HB464 , HB468 , HB545 , HB550 , HB551 , HB565 , HB588 , HB639 , HB725 , HB782 , HB805 , HB808 , HB834 , HB847 , HB853 , HB858 , HB861 , HB883 , HB916 , HB937 , HB977 , HB1012 , HB1027 , HB1044 , HB1054 , HB1091 , HB1117 , HB90 , HB127 , HB138 , HB150 , HB201 , HB268 , HB273 , HB285 , HB315 , HB354 , HB355 , HB360 , HB376 , HB445 , HB506 , HB606 , HB649 , HB665 , HB681 , HB721 , HB746 , HB757 , HB781 , HB835 , HB844 , HB857 , HB872 , HB886 , HB889 , HB892 , HB982 , HB987 , HB1037 , HB1068 , HB1072 , HB1078 , HB1085 , HB1132 , HB1137 , HB1167 , HB1174 , HB1232 , HB1238 , HB23 , HB136 , HB17 , HB21 , HB51 , HB55 , HB74 , HB106 , HB108 , HB133 , HB140 , HB159 , HB168 , HB215 , HB226 , HB263 , HB296 , HB299 , HB322 , HB364 , HB519 , HB535 , HB538 , HB568 , HB571 , HB622 , HB635 , HB676 , HB772 , HB784 , HB1006 , HB1018 , HB1033 , HB1034 , HB1043 , HB1070 , HB1134 , HB1237 , HB1239 , HB36 , HB119 , HB126 , HB129 , HB245 , HB271 , HB280 , HB337 , HB351 , HB677 , HB726 , HB789 , HB850 , HB956 , HB966 , SB149 , SB382
Keywords:
fiscal notes, legislation, legislative auditor, state policy, conflict of interest, logging, recognition, John Keith, environment, safety, HB89, Act 615, district attorney, assistant district attorney, retiree health insurance, group health insurance, retirement benefits, public employee benefits, Third Judicial District, Thirtieth Judicial District
LA
Louisiana 2026 Regular Session
House of Representatives Mar 23rd, 2026
Louisiana House Floor Meeting
Transcript Highlights:
- by Representative Domangue requests the State Law Institute to study the application of the term foreign
- water assessments on surface water withdrawals from Lake Bissonet for aquatic weed control. term foreign
- provides for the exception of complimentary reasonable transportation by legislators traveling to a foreign
- provides for the exception of complimentary reasonable transportation by legislators traveling to a foreign
- transportation provide for the exception of complimentary reasonable transportation by legislators travel to a foreign
Bills:
HR46 , HR47 , HR48 , HR49 , HR50 , HR51 , HR52 , HR53 , HR54 , HR55 , HR56 , HR57 , HCR31 , HB20 , HB21 , HB166 , HB494 , HB710 , HB795 , HB985 , HB986 , HB987 , HB988 , HB989 , HB990 , HB991 , HB992 , HB993 , HB994 , HB995 , HB996 , HB997 , HB998 , HR42 , HR43 , HR44 , HR45 , HCR22 , HCR23 , HCR24 , HCR25 , HCR26 , HCR27 , HCR28 , HCR29 , HCR30 , SCR13 , HB894 , HB983 , HB984 , SB19 , SB23 , SB26 , SB30 , SB39 , SB45 , SB46 , SB50 , SB51 , SB55 , SB69 , SB71 , SB73 , SB84 , SB85 , SB89 , SB96 , SB98 , SB101 , SB110 , SB148 , SB150 , SB160 , SB164 , SB303 , SB340 , HB28 , HB36 , HB50 , HB52 , HB56 , HB62 , HB68 , HB92 , HB110 , HB117 , HB119 , HB124 , HB140 , HB147 , HB160 , HB171 , HB174 , HB182 , HB193 , HB196 , HB198 , HB203 , HB228 , HB234 , HB237 , HB260 , HB268 , HB271 , HB285 , HB289 , HB316 , HB351 , HB393 , HB400 , HB413 , HB446 , HB469 , HB486 , HB534 , HB551 , HB552 , HB574 , HB576 , HB634 , HB649 , HB677 , HB735 , HB739 , HB779 , HB784 , HB796 , HB807 , HB842 , HB850 , HB919 , HB474 , HB487 , HB503 , HB606 , HB633 , HB707 , HB720 , HB728 , HB733 , HB846 , HB852 , HB856 , HB868 , HB875 , HB129 , HB130 , HB287 , HB489 , HB545 , HB553 , HB555 , HB570 , HB854 , HB952 , HB221 , HB148 , HB331 , HB149 , HB901
Keywords:
HR 46, House Resolution 46, water well drillers, water wells, well drilling, driller licensure, licensing requirements, Department of Conservation and Energy, R.S. 38:3098.1, LAC 46.LXXXIX.507, professional references, two years drilling experience, workforce development, barriers to entry, water infrastructure, natural resources, groundwater, public health, state water resources, occupational licensing
WA
Washington 2025-2026 Regular Session
Legislative Democratic Leaders Media Availability Feb 18th, 2026
Transcript Highlights:
- Those kinds of investments in what's really just basic kindness and human decency... ...pay huge dividends
Summary:
Senate and House Democratic leaders said they were pleased with progress before cutoff, highlighting work on immigration/federal-overreach protections and affordability measures. They cited bills such as restrictions on ICE activity in private spaces, employer notice requirements for ICE worksite actions, housing expansion in commercial and mixed-use zones, limits on medical debt interest, senior property tax relief, grocery-store covenant restrictions, preventive health care access, energy relief for low-income households, and the proposed millionaire’s tax, which they said would support tax credits and long-term fiscal sustainability. They also noted strong bipartisan movement on many bills and said they were now focused on processing House bills in the Senate and vice versa.
Several stalled or controversial measures were discussed. Leaders said the JR bill did not advance in the House because it lacked votes, though support had grown and stakeholder engagement continued. Child welfare and controlled-substance/endangerment bills were described as still under discussion, with lawmakers saying there were differing views on the best way to protect children and that some proposals were paused for further work. The Senate-side transmission and cultural resources package also ran into procedural and timing problems, with one bill ultimately not moving after a request for a full reading delayed the plan.
The governor’s comments on the millionaire’s tax and the updated revenue forecast were a major topic. Democrats said they welcomed the governor’s tax ideas, were aiming to balance meaningful tax relief with a sustainable budget, and saw the forecast as providing some breathing room and more reserve capacity, though much of the new revenue would be absorbed by caseload growth and maintenance costs. They also discussed a proposed employer assessment tied to Medicaid-funded health coverage, saying it was intended to address federal cuts and shifting costs, while acknowledging concerns from employers and nonprofits. Other items included the tort-liability/survivor claims bill, which leaders said would preserve jury trials and damages while creating a claims process, the 0.05 BAC impaired-driving bill, and a pension-related proposal to terminate and restate LEOFF Plan 1, with some related transfer ideas still unresolved.
FL
Transcript Highlights:
- Is it all going to profits or dividends? How does that break out?
Committee:
Senate Banking and Insurance
Summary:
The Senate Committee on Banking and Insurance convened with a quorum present, and Commissioner Michael Yaworsky of the Office of Insurance Regulation delivered a broad update on Florida’s property insurance market. He outlined the division of responsibilities between OIR and the Department of Financial Services, then reported market indicators including 7.61 million residential policies in force, an average premium of $2,755, 1.5 million Citizens takeout approvals, and recent negative trends in homeowners rate requests. He credited recent legislative reforms, especially tort reform and the Insurer Accountability Act, with improving market stability, increasing competition, and allowing the office to conduct more examinations and investigations, recover consumer restitution, and fine insurers for misconduct tied to recent hurricanes.
Yaworsky emphasized that Citizens Property Insurance has been rapidly depopulating from its 2022 peak and may fall below 300,000 policies, while cautioning that over-depopulation could create residual-market risks and assessments if a major storm hits. He also discussed the distinction between admitted and surplus lines markets, the role of reinsurance in Florida pricing, and the effect of inflation on total insured values and premiums. He said Florida has seen comparatively modest property rate increases relative to other states and noted that recent hurricanes did not produce the kind of rate spikes seen in prior years, which he attributed to a more stable market and reduced fraud and litigation pressure.
In response to a question from Senator Martin, Yaworsky explained that California’s wildfire crisis and regulatory structure are not a direct one-to-one comparison for Florida, but that California’s market problems can affect global reinsurance capacity and serve as a cautionary example of regulatory missteps. He also highlighted a recent Progressive auto insurance excess-profits refund of about $1 billion to policyholders, discussed possible federal changes to the National Flood Insurance Program, and urged greater home resiliency and code-plus adoption. The commissioner closed by calling for clearer consumer disclosures and responsible oversight of AI use in insurance filings. No bills were considered and no votes were taken; Senator Hooper moved to adjourn, and the committee adjourned without objection.
ND
North Dakota 2026 1st Special Session
Budget Section Regulatory Division Jun 24th, 2026
Transcript Highlights:
- the bank should be running at based on that holistic risk, and then here, therefore, would be the dividend
- This is how we generate a profit back to the Industrial Commission and dividends back to the legislative
Summary:
The committee received a compliance and budget update on Industrial Commission agencies and programs, including the Industrial Commission administrative office, the Oil and Gas Research Program, the Clean Sustainable Energy Authority, the State Energy Research Center, the Research Technology Park grant program, and related funds. Staff reviewed spending and balances for items such as electric grid resiliency grants, lignite research, enhanced oil recovery, the salt cavern business case study, and the new NDSU research and technology park grant. Members also discussed timing, carryover balances, matching requirements, and how some programs are structured to reimburse projects over several years rather than spend funds immediately.
Karen Tyler of the Industrial Commission described the agency’s administrative budget, the grant management system nearing completion, and the transition to standalone audits and staffing after separating from other agencies. She also outlined the status of active grant rounds across lignite, oil and gas, renewable energy, outdoor heritage, and clean sustainable energy programs. Members asked about the length of active grants, demand for clean energy funding, and the possibility of future grant rounds. Tyler and members also discussed the salt cavern study, the need to better define its commercial value, and the research technology park grant’s cash-match requirement.
Ron Ness then testified on enhanced oil recovery and broader oil and gas market conditions. He said North Dakota production remained steady, but future growth depends on infrastructure, longer laterals, and better use of natural gas and carbon dioxide for EOR. He described the state’s EOR grant round, the use of federal DOE funding to replace part of a state-funded project, and the expectation of additional grant rounds. Members asked about CO2 supply, storage, and the economics of using legacy fields and pipelines to extend oil production and support agriculture and industrial uses.
The committee also heard from Bank of North Dakota President Don Morgan, who reviewed the bank’s mission, governance, lending verticals, disaster programs, and new initiatives. He said the bank is seeing deposit growth flatten and is responding to fintech competition by focusing on liquidity, risk management, and a new payment infrastructure initiative called Rough Rider Coin, which he emphasized is not crypto and not a public coin, but a banking payment rail for North Dakota institutions. Members asked about student loan rates, disaster lending, and how the bank’s lines of credit and balance sheet capacity are affected by deposit trends. Morgan said the bank remains profitable and continues to support agriculture, commerce, and industry through participation loans, student lending, and state-directed programs.
ND
North Dakota 2025-2026 Regular Session
Budget Section Regulatory Division Jun 24th, 2026
Transcript Highlights:
- the bank should be running at based on that holistic risk, and then here, therefore, would be the dividend
- This is how we generate a profit back to the Industrial Commission and dividends back to the legislative
Summary:
The committee took roll, approved the March 18 minutes, and then received a compliance-report update on the Industrial Commission and related funds and programs. Staff reviewed the status of one-time appropriations and grant programs, including electric grid resiliency, lignite research, enhanced oil recovery, the Clean Sustainable Energy Authority, the salt cavern business-case study, and the new NDSU research and technology park grant. Members asked about funding balances, reimbursement timing, matching requirements, and how some commitments would affect the State Investment Fund and future biennia.
Industrial Commission staff then gave a broader update on the agency’s administrative office, grant management system, leadership transitions at several commission agencies, and active grant rounds. They reported that the grant management system is nearing completion, that several agency leadership searches have concluded, and that the commission’s grant programs currently have 108 active grants totaling more than $165 million. They also described the Clean Sustainable Energy Authority round, the oil and gas research program’s enhanced oil recovery awards, the grid resiliency grants, the salt cavern study, and the research technology park program, noting that some projects are awaiting federal funds or additional matching cash.
Ron Ness, speaking for the Oil and Gas Research Council, focused on the state of the oil industry and the enhanced oil recovery “Bakken 2.0” effort. He said production remains steady, but future growth depends on better infrastructure, longer laterals, and new EOR methods such as CO2, natural gas, and surfactants. He emphasized the importance of the Bakkeneast pipeline and related gas-utilization projects, the recent DOE funding that will return some money to the research council, and the need to modernize tax and incentive rules for CO2-based recovery. Members discussed the potential economic benefits for oil, agriculture, and manufacturing.
The Bank of North Dakota then presented its compliance report and a broader strategic update. Bank leadership reviewed the bank’s mission, governance, participation lending, student lending, disaster programs, and legislatively directed programs, and said the bank is managing for a flatter deposit base and stronger liquidity because of fintech competition and changing market conditions. They reported improved earnings, with net income rising to about $231 million, and described Rough Rider Coin as a new internal payment rail for North Dakota banks and credit unions, not a public cryptocurrency. Members asked about student loan eligibility, disaster lending, and the bank’s capacity to support state programs while maintaining its balance-sheet and liquidity requirements.
CA
California 2025-2026 Regular Session
Senate Human Services Committee Jun 15th, 2026
Transcript Highlights:
- bills focused on blunting the impacts of HR1 and extending these benefits that we know will pay huge dividends
- on blunting the impacts of HR1 and pardoning these extended benefits that we know we'll pay huge dividends
Summary:
The committee heard several child welfare, food assistance, child care, and developmental services bills. AB 308 would require a statewide evaluation of regional center safety training and crisis-response services for people with intellectual and developmental disabilities; supporters said it would help reduce reliance on law enforcement and improve de-escalation and emergency preparedness. AB 1049 would remove sponsor deeming from the California Food Assistance Program, with supporters from food banks and legal aid arguing the rule creates confusion, chilling effects, and wrongful denials, while one member raised concerns about accountability and fraud. AB 1201 would narrow when a parent’s prior violent felony can bar reunification services, limiting the bypass to offenses involving a child or a child’s other parent/guardian; county and advocacy witnesses said the bill preserves judicial discretion and avoids automatic denials, though a member expressed concern about child safety in violent or criminal environments. AB 2379 would require family child care providers to be notified of constitutional rights and receive multilingual training regarding immigration enforcement; it drew broad support and no opposition. AB 2429 would make ACEs screening optional and reduce required classroom observations in the early childhood mental health consultation program, with supporters saying it would reduce administrative burdens and expand participation. AB 1755 would eliminate CalWORKs’ 100-hour monthly work penalty for two-parent families, and supporters said it would reduce poverty and administrative burden without changing income eligibility. AB 1981, presented later, would advance “true cost of care” child care rate reform, with providers describing the current reimbursement system as unsustainable. AB 2478 would create a streamlined kinship family approval pathway for foster care placements with relatives and other kin, and AB 1969 and AB 1996 would create statewide structures to coordinate cradle-to-career services and reduce child poverty, respectively; both were presented as data-driven, place-based efforts to align services and set measurable reduction goals.
Most bills received strong support from county agencies, advocacy organizations, and service providers, with little or no opposition testimony. Members generally praised the goals of the measures but asked questions about implementation, accountability, and child safety in the reunification and benefits bills. The committee took roll calls on the bills it heard, and the votes shown in the transcript were largely unanimous or near-unanimous, with several measures held on call after passing committee votes. AB 1049 was voted out 2-1, AB 1201 and AB 2379 were each voted out 3-0, AB 2429 and AB 1755 were voted out 2-0, and AB 2478, AB 1969, and AB 1996 were each voted out 2-0; the chair repeatedly noted that some bills would remain on call pending absent members. AB 1981 drew extensive support testimony from child care providers and allies, but the committee did not take a final vote in the portion of the transcript provided because no motion was available at that moment.
CA
Transcript Highlights:
- on blunting the impacts of HR1 and providing these extended benefits that we know will pay huge dividends
- on blunting the impacts of HR1 and providing these extended benefits that we know will pay huge dividends
Committee:
Senate Human Services
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Subcommittee No. 1 on Education May 21st, 2026
Transcript Highlights:
- So this $1 million ongoing allocation is providing dividends not just to our existing campus population
- It also provides additional support and dividends to our community, the Tenderloin, which of course is
Summary:
The subcommittee heard May Revision proposals for higher education, beginning with the Bureau for Private Postsecondary Education. Finance proposed a one-time $10 million General Fund backfill to repay a special fund loan used to cover litigation costs, plus provisional language to allow budget flexibility for a remaining legal expense and to repay the loan without interest. The LAO opposed shifting the litigation costs to the General Fund and raised legal concerns about waiving interest on the loan, noting that special fund loans have historically been repaid with interest. Members asked about the litigation amount and the estimated interest savings, which Finance said would be about $245,000.
The committee then discussed University of California funding, including the Governor’s proposed compact funding and a $1.5 million one-time increase for the First Star foster youth program at UC campuses. UC said the program has strong outcomes at UCLA, including a 100% college-going rate and high college completion rates, and that the new funding would expand the program to additional campuses and eventually be self-supporting through fundraising. The LAO recommended rejecting the proposal, arguing that UC already has overlapping outreach programs, including the Early Academic Outreach Program, and that the new initiative would duplicate existing services. Several senators questioned whether the state should expand a new program instead of strengthening existing ones, while UC and Finance emphasized the program’s focus on foster youth and its high success rates.
For the California Community Colleges, Finance outlined the May Revision’s increase to the Student-Centered Funding Formula COLA from 2.41% to 4.31%, along with enrollment growth funding, categorical COLAs, deferred maintenance, and other ongoing and one-time investments. The Chancellor’s Office supported the flexible “super COLA” approach and asked for more enrollment growth funding, arguing that many districts are already above current targets and that unfunded growth restricts access. The LAO recommended funding at least the statutory COLA, redirecting some ongoing funds to enrollment growth or one-time priorities, and rejecting the $9.7 million Adult Learner Demonstration Project because districts already have incentives to do similar work. Senators pressed Finance and the Chancellor’s Office on the use of COLA funds to cover the new paid pregnancy disability leave requirement, the impact on hold-harmless and basic-aid districts, and whether the state should fund actual enrollment growth rather than a flat COLA.
The committee also reviewed California Student Aid Commission proposals, including adjustments to Cal Grant and Middle Class Scholarship funding, continued Golden State Teacher Grant funding, and implementation of the federal Workforce Pell program. Finance said the Middle Class Scholarship changes reflected updated caseload estimates and that the higher 35% unmet-need level had been one-time funding, while CSAC urged continued support and noted the importance of financial aid for student success. The LAO recommended rejecting additional Golden State Teacher Grant funding as not well-targeted and urged caution on Workforce Pell trailer bill language, citing uncertainty about federal rules, ongoing administrative workload, and the need for clearer implementation planning. Members also raised concerns about declining CADAA applications and the need to better promote state aid for undocumented and mixed-status students. No votes were taken during the transcripted portion, and the committee moved through the agenda items with questions and testimony.
MO
Missouri 2026 Regular Session
2026 Legislative Session - Day Forty Six - Thursday, April 2
Missouri House Floor Meeting
Transcript Highlights:
- So I will just say that this does pay dividends in the state of Missouri.
- So I will just say that this does pay dividends in the state of Missouri.
Summary:
The House opened with prayer, the Pledge of Allegiance, approval of the prior day’s journal by a 124-1 vote, and numerous introductions of student groups, health professionals, and other guests. Committee reports were then read, including several bills recommended “do pass.” The chamber also heard a personal privilege speech from a St. Louis County member responding to a North St. Louis County school track meet shooting, calling for stronger action on gun access and firearm safety.
The main floor work focused heavily on appropriations and capital projects. House Bills 2017, 2018, 2019, and 2020 were debated and passed, covering reappropriations, maintenance and repair projects, new capital improvements, and remaining ARPA pandemic funds. HB 2017 passed 137-9, HB 2018 passed 127-21, HB 2019 passed 98-48, and HB 2020 passed 127-24. Members emphasized that the bills largely used previously appropriated or federal funds, while some Democrats raised concerns about general revenue spending and one-time infrastructure projects.
The House also adopted and finally passed Senate-amended HB 2641 on hemp/cannabis-related regulation, with changes on privacy, worker organization, effective date, and age restrictions; it passed 125-21 on adoption and 126-23 on final passage. HB 2423, dealing with Department of Finance staffing and capacity, passed unanimously after Senate adoption. Other measures passed included HB 1919 on electronic filing parity with IRS rules, HB 1768/2060 on short-term rental property tax classification, HB 1855 adding Alpha-Gal Syndrome to reportable conditions, HB 2355 creating a Food is Medicine pilot option, HB 1717/1643 on psilocybin therapy for veterans and first responders, HB 2372, a broad health care package, HB 2408 on the deaf-blind fund, HB 3000 on auditor/siganture-related procedures, HB 2898 restoring land bank tools, and HB 1740, “Melanie’s Law,” strengthening DWI penalties and ignition interlock requirements.
Not all bills advanced: HB 3239, which would have expanded and funded the workforce diploma program through MoCAP, failed 55-95 after criticism that it shifted K-12 formula money and stripped vendor standards. HB 2760, the “Praise Act” on treatment of houses of worship during emergencies, drew extended debate on religious liberty, public health, and consistency in emergency orders; the transcript cuts off before the final vote is shown. Throughout the day, members frequently cited bipartisan support for health, public safety, and administrative bills, while several measures drew sharper partisan or policy disagreements over funding, regulation, and local control.
FL
Florida 2026 Regular Session
FL House Floor Session - 2026-02-04 (4:00PM Session)
Florida House Floor Meeting
Transcript Highlights:
- It requires OIR to review and approve dividends and pledges of capital or assets from property insurers
- It requires OIR to review and approve dividends and pledges of capital for assets from property insurers
Summary:
The House convened with prayer, a moment of silence for former Washington County administrator Alan Massey, the Pledge of Allegiance, and several gallery recognitions. The chamber adopted the special order report and then took up a series of bills on the special order calendar. Early measures included CS/HB 967 on electronic payments to local governments, which passed 110-0, and HB 127 requiring cursive writing instruction in grades 2-5, which passed 111-0 after members spoke about literacy, signatures, and heritage. CS/HB 453 on high school diploma requirements passed 111-0 and would allow certain students to use Special Olympics participation for PE credit and marching band for PE and arts credit. The House also passed CS/HB 237 on use of professional nursing titles, which requires APRNs using the title doctor to clarify they are APRNs, by 111-0.
The chamber then debated HJR 583, a proposed constitutional amendment on religious expression in public schools. Supporters said it would codify existing statutory protections for student and school personnel religious expression and let voters decide; opponents argued it was unnecessary, could create confusion, and risked constitutional problems involving school-sponsored prayer and the separation of church and state. After structured debate, the resolution passed 93-17. The House next passed CS/HB 363 on dental therapy, which creates a licensed mid-level dental provider and drew sharp debate over access to care versus patient safety; it passed 80-29. HB 375 on autonomous practice by certified registered nurse anesthetists passed 78-28, and HB 301 on psychiatric mental health APRN autonomous practice passed 88-18.
Later, the House passed HB 863 on arbitration for Citizens Property Insurance disputes, giving policyholders a choice between arbitration and court, by 105-3, and HB 1399 on property insurance affiliates, which increases oversight of insurer-affiliate transactions, by 160-3. Members also heard and advanced a local claims bill, HB 6517, for relief of Eribeito and Sanchez Mayan against the City of St. Petersburg, describing severe injuries allegedly caused during an arrest and transport; the bill was rolled over for third reading at the end of the transcript. Throughout the day, members also paused for multiple recognitions of visiting students, local officials, professional groups, and community organizations.
ND
North Dakota 2026 1st Special Session
Advanced Nuclear Energy Committee Mar 24th, 2026 at 10:00 am
Advanced Nuclear Energy Committee
Transcript Highlights:
- The Trump administration is front and center prioritizing nuclear power, an approach that will pay dividends
- The French have actually also reprocessed for foreign customers in Europe and even as far away as Japan
- The French have actually also reprocessed for foreign customers in Europe and even as far away as Japan
Committee:
Joint Advanced Nuclear Energy Committee
MN
Transcript Highlights:
- income taxpayers with over $1 million of certain types of income, including capital gains, interest, dividends
- income, including capital<00:29:34.320><c> gains,</c><00:29:34.720><c> interest,</c><00:29:35.200><c> dividends
- ,</c> capital gains, interest, dividends, capital gains, interest, dividends, largely<00:29:36.440><c
Committee:
House Taxes
Keywords:
child tax credit, financial assistance, low-income families, state revenue, tax policy, net investment income, taxation, business income, self-employment, tax increase, wealth tax, fairness, public services, high-income earners, economic equity, Internal Revenue Code, employee classification, federal law, Minnesota statutes
MN
Minnesota 2025-2026 Regular Session
House Health Finance and Policy Committee 3/2/26
Health Finance and Policy
Transcript Highlights:
- The function of private equity is to compete in a marketplace and earn dividends for investors.
- 35:15.280><c> marketplace</c><01:35:15.600><c> and</c><01:35:15.840><c> earn</c><01:35:16.080><c> dividends
- </c><01:35:16.400><c> for</c> in a marketplace and earn dividends for in a marketplace and earn dividends
Committee:
House Health Finance and Policy
MN
Minnesota 2025-2026 Regular Session
Agriculture, Veterans, Broadband, and Rural Development - Subcommittee on Veterans - 03/19/25
Agriculture, Veterans, Broadband, and Rural Development - Subcommittee on Veterans
Transcript Highlights:
- and fluffy, I can guarantee that the investment by the state into this program is paying back in dividends
- ><01:25:09.440><c> paying</c><01:25:09.679><c> back</c><01:25:09.920><c> in</c><01:25:10.080><c> dividends
- </c><01:25:10.480><c> to</c> program is paying back in dividends to program is paying back in dividends