Video & Transcript : 'job creation' :
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CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Mar 3rd, 2026
Transcript Highlights:
- jobs.
- It was created to incentivize full-time job creation in California that would otherwise not be here today
- It’s here to incentivize full-time job creation that would otherwise not happen in the state.
- So no retail service jobs. There's 100% headquarters and distribution jobs, tradable jobs.
- If they reduce their jobs... ...the job creation and the investments.
Summary:
The Assembly Budget Subcommittee on State Administration heard several budget proposals from CDTFA, the Board of Equalization, and the Franchise Tax Board. The first panel focused on cannabis, hemp, flavored tobacco, and related enforcement. CDTFA requested ongoing funding to implement cannabis tax changes, enforce the new intoxicating hemp restrictions and flavored tobacco seizure authority, and continue compliance work. The department said it is targeting illicit product, protecting licensed businesses, and using referrals from the public and lawmakers to focus inspections. The LAO supported some of the proposals but urged the Legislature to treat them as part of a longer-term enforcement strategy and raised concerns about the use of General Fund support for cannabis enforcement. Public testimony on the cannabis item largely supported stronger enforcement and funding for the legal market.
The committee also heard CDTFA’s request to reappropriate funds for an upgrade to the CROS tax collection system, which would improve taxpayer services, security, and software maintenance without adding new money. A separate CDTFA proposal would make all delivery network companies, such as DoorDash and Uber Eats, marketplace facilitators for sales tax purposes. CDTFA said the change would reduce confusion for restaurants and improve compliance, while the LAO questioned whether the proposal functioned more like a tax increase because it would also capture service fees. Members raised affordability concerns, but the proposal was framed by the administration as a parity and compliance measure.
The subcommittee then considered a governor’s proposal for a sustainable aviation fuel tax credit. Finance argued the credit would help decarbonize aviation and support in-state production, while the LAO recommended rejection, citing cost, uncertainty about environmental benefits, possible diversion of diesel excise tax revenues from transportation programs, and concerns about consistency with voter-approved transportation funding rules. Testimony from airlines, labor unions, airports, and refinery workers strongly supported the credit, emphasizing union jobs, refinery conversions, and emissions reductions, while fuel retailers and some others warned about fiscal risk and higher fuel prices. The chair and some members expressed support for the proposal despite the funding concerns.
Finally, the BOE presented an IT modernization project for state-assessed property administration, saying the current system is outdated and manual and that a new system is needed to improve accuracy, cybersecurity, and workflow efficiency, especially with a likely increase in workload from new VoIP assessments. The LAO asked for more justification for the timing, but BOE said the urgency stems from aging systems and growing workload. BOE also requested modest funding to implement SB 293 changes to intergenerational property transfers and wildfire relief guidance, which the LAO did not oppose. The Franchise Tax Board began its presentation on the final phase of its Enterprise Data to Revenue modernization effort, describing the project’s rollout across audit, collections, legal, and filing enforcement workloads and noting it is now in a warranty period.
TX
Transcript Highlights:
- Members, this is the bill we heard previously that relates to the creation of a temporary educator certificate
- Pending business, House Bill 2243 by Oliverson relating to the creation of the Texas Commission on Teacher
- Job Retention.
- Members, this is a bill we heard previously that's related to the creation of an extracurricular community
- Members, this is a bill we heard previously that's related to the creation of an extracurricular community
Bills:
HB178 , HB1551 , HB1939 , HB2040 , HB2354 , HB2674 , HB3029 , HB3460 , HB3631 , HB3662 , HB5201 , HB5381 , HB178
Committee:
House Public Education
Keywords:
Texas education, public schools, curriculum, social studies, high school graduation requirements, State Board of Education, Education Code, ethnic studies, world history, world geography, U.S. history, government, economics, personal financial literacy, free enterprise, religious literature, Hebrew Scriptures, Old Testament, New Testament, ninth grade
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on State Administration and Regulatory Oversight Jun 21st, 2026 at 10:30 am
Joint Committee on State Administration and Regulatory Oversight
Transcript Highlights:
- We always do task forces and investigate and look at all options in front of us to explore the creation
- Although the program has multiple flaws that may exacerbate wealth inequality, its creation affirms an
- Her husband worked two jobs, they had little family support, and Her husband worked two jobs, they had
- This would do that by providing great-paying jobs.
- I wish we had a problem where we had competition for these jobs.
Summary:
The committee first heard testimony on a proposed Massachusetts baby bonds program, including H. 3429, S. 2146, and the Treasurer’s related bill H. 48. Treasurer Goldberg and a broad coalition of advocates, researchers, health professionals, and people with lived experience said the program would create trust accounts for children born into low-income families or in DCF custody, with funds available at age 18 for education, homeownership, business startup, or other long-term asset-building uses. Supporters argued the program would help close the racial wealth gap, improve economic mobility, and not affect eligibility for financial aid or public benefits. Committee members asked about administration, investment returns, eligibility, and withdrawal rules; the Treasurer said the accounts would be held in trust and managed by her office with an advisory board, with funds accessible at 18 and usable through age 35 if the beneficiary remains a Massachusetts resident. No vote was taken during the testimony shown.
The committee also heard testimony on legislation establishing Lobular Breast Cancer Awareness Day, including S. 2666 and H. 4625. Senator Ross, Representative Badger, physicians, survivors, and advocates described invasive lobular carcinoma as difficult to detect because it often grows in lines rather than forming a lump, can be missed on mammography, and is underfunded and underrepresented in research and clinical trials. Witnesses said the bill would codify an annual October 15 proclamation to raise awareness, improve diagnosis, and encourage more targeted research and treatment. Committee members asked why the disease is so hard to detect, and medical witnesses explained the imaging challenges and the lack of lobular-specific protocols. The witnesses urged favorable reports.
The committee then took testimony on H. 4648, a bill concerning the purchase or lease of Fenn Farm in Stockbridge by the Stockbridge-Munsee community. Representative Davis, the Stockbridge Land Trust president, and the tribal president testified that the bill would remove a conservation restriction tied to a state MVP grant so the tribe could manage the land without a restriction that they said would conflict with tribal sovereignty and Indigenous stewardship practices. They said the parcel is a sacred site connected to Monument Mountain and that the restriction is unnecessary because the land is already surrounded by conserved property. The witnesses asked for favorable action on the bill.
Finally, the committee heard testimony on H. 3416, a resolution urging Congress to create a national infrastructure bank. Representative Senna and several advocates argued that an off-budget infrastructure bank could finance major repairs and upgrades to roads, bridges, rail, water systems, broadband, and housing without adding to the state budget, while creating jobs and supporting economic growth. Witnesses cited historical precedents for national infrastructure banks and said Massachusetts could benefit substantially from such a program. The transcript shown does not include a committee vote or final action on the resolution.
MN
Minnesota 2025-2026 Regular Session
Committee on State and Local Government - 03/24/26
State and Local Government
Transcript Highlights:
- </c> because the house is not doing their job because the house is not doing their job doesn't<01:01:
- ><c> working</c> our job and we should do our job working our job and we should do our job working to
- </c><01:04:29.720><c> well</c> uh congratulating them for a job well uh congratulating them for a job
- </c> recognized that we actually have a job recognized that we actually have a job to<01:15:48.640><c
- > their</c><01:31:36.840><c> job,</c> don't do their job, don't do their job, why<01:31:38.680><c> are
Committee:
Senate State and Local Government
FL
Florida 2025 Regular Session
Commerce and Tourism Mar 31st, 2025
Transcript Highlights:
- and job creation in Florida.
- in the state of Florida to the creation of a tax credit program.
- It focuses on data center tax exemptions, meaning it entice a significant investment job creation to
- Job interview, for example, is there an exception if maybe they miss a job interview because there having
- This bill is about helping people find jobs.
FL
Transcript Highlights:
- that, although he is not in law enforcement, he would appreciate this bill if he were trying to do his job
- UFC has spearheaded the creation of numerous organizations, and that is the bill. Thank you.
- As the need for these services continues to grow throughout the state, the creation of the First Responders
- It mandates the creation of an admitted clearinghouse by changing 'may create' to 'shall create,' providing
- Nice job to your lady.
Committee:
Senate Fiscal Policy
Keywords:
injunctions, protection orders, domestic violence, serious violence, court procedures, enforcement, risk protection, statewide communication system, pediatric care, emergency departments, hospital regulations, patient safety, health care standards, public records, violence protection, confidentiality, defamation, specialty license plate, specialty plates, motor vehicle registration
Summary:
The Committee on Fiscal Policy met and reported a series of bills favorably, covering health care, public safety, insurance, coastal resilience, juvenile justice, drowning prevention, transportation designations, and beach management. Senator Harrell presented CS/SB 68, requiring hospitals with emergency departments to adopt pediatric emergency care policies, training, designated pediatric readiness personnel, and participation in a national readiness assessment; it passed. Harrell also presented CS/SB 340, requiring nursing students to complete two hours of human trafficking identification training before licensure; it also passed. Senator Sharif’s CS/SB 32 and SB 210, creating a new injunction for protection against serious violence by a known person and the related public records bill, were both reported favorably. Senator Garcia’s CS/CS/SB 302 on nature-based coastal resiliency, Senator Jones’s SB 418 on law enforcement interaction with individuals with autism and the Blue Envelope Program, and Senator Martin’s CS/SB 1734 updating juvenile probation and detention officer definitions and related cost-share language were also approved.
The committee then took up several drowning-prevention measures. CS/SB 606 by Senator Smith would add drowning prevention and safe bathing education to postpartum materials and direct the Department of Health to create standardized materials; an amendment removed a records-retention requirement, and the bill passed. SB 428 by Senator Yarborough would expand the state swim lesson voucher program from children ages 0-4 to ages 1-7; it received strong support from advocates, including a young swim instructor and autism advocates, and passed. The committee also approved CS/SB 246, a specialty license plate bill that was amended to include the UFC plate and a First Responders’ Resiliency Foundation plate, and CS/SB 1028, which revises Citizens Property Insurance and clearinghouse procedures to prioritize admitted carriers and prohibit public funds for the clearinghouse; that bill drew discussion about market competition, Citizens’ exposure, and potential impacts on policyholders.
Additional measures reported favorably included SB 628, designating a portion of South Navy Boulevard in Pensacola as Warrior Sacrifice Way to honor the sailors killed in the 2019 Naval Air Station Pensacola attack, and CS/SB 636 on beach management, which would create a proactive pathway for coastal communities to obtain erosion-related designations and align with federal programs. Beach industry testimony supported the bill’s intent but raised concerns about perpetual easements and funding shortfalls. At the end of the meeting, members recorded additional votes on selected bills, and the committee adjourned.
TX
Transcript Highlights:
- The bill proposes the creation of the Municipal Management District to be known as BioBell Municipal
- The bill conforms to the committee template for the creation of a municipal management district.
- Whatever happened to freshmen doing that job? All right, let's go. Yes, sir. Okay.
- It proposes the creation of Montgomery County Municipal Utility District 259.
- This proposes the creation of the Montgomery County Water Commission.
Bills:
HB9 , HJR1 , SB1331 , SB1375 , SB1443 , SB1578 , SB2251 , SB2519 , SB2553 , SB2655 , SB2764 , SB2907 , SB3030 , SB3033 , SB3035 , SB3036 , SB3037 , SB3043 , SB3047 , SB3050 , SB3051 , SB3056 , SB3057 , SB3063 , HB9 , HB467 , HB331 , HB1244 , HB1399 , HB2559 , HB2730 , HB3307 , HJR1 , HJR99 , SB3048 , SB3052 , SB3053 , SJR78 , HB1327 , HB2723
Committee:
Senate Local Government
Keywords:
HB 9, Texas Tax Code, property tax, ad valorem tax, voter-approval tax rate, no-new-revenue tax rate, truth in taxation, local government finance, municipality, county, special taxing unit, sales and use tax, sales tax revenue, tax rate calculation, tax levy, maintenance and operations, debt rate, unused increment rate, disaster relief rate, taxing unit
TX
Transcript Highlights:
- housing, they're better able to address their challenges in their lives, like getting and keeping a job
- In fact, since the creation of the Dallas tourism PID... ...the City of Dallas has been able to double
- Then in 2019, it allowed any city to consider the creation... of a tourism PID, and this led to the creation
- That's the initial creation.
- And this statutory creation facilitated the collection of the fee into... Okay, thank you.
Bills:
HB158 , HB714 , HB 1198 , HB1630 , HB1998 , HB3509 , HB3788 , HB3875 , HB3948 , HB3977 , HB4097 , HB4313 , HB4314 , HB4317 , HB158
Committee:
House Intergovernmental Affairs
Keywords:
housing, veterans, surplus government property, affordable housing, funding sources, housing assistance, homeless prevention, landlord incentives, rural housing, domestic violence, community development, tenant readiness, program participants, financial assistance, homelessness, rental support, Texas Tenant Readiness Program, tenant assistance, housing stability, Texas Department of Housing
FL
Transcript Highlights:
- Nice job.
- Did a great job yesterday. I was not present, but you did a great job yesterday.
- And the creation of a new section of Article 12 of the state constitution.
- And, actually, oftentimes, they have to do a better job at it.
- It has done a great job.
Summary:
The Senate took up Committee Substitute for Senate Joint Resolution 2F, a proposed constitutional amendment on property tax reform. The measure would increase the homestead exemption in stages, lower the assessment cap on non-homestead property from 10% to 5%, and limit county and municipal ad valorem tax revenues to specified uses such as public safety, education, infrastructure, natural resources, debt service, employee benefits, and certain administrative costs. Supporters, led by Senator Avila, argued the proposal would provide meaningful property tax relief and push local governments to rein in spending, while opponents warned it would shift costs to fees, reduce local flexibility, and threaten funding for core services.
Several amendments were offered and rejected. Senator Sharief proposed an income-based circuit breaker for property tax relief; Senator Smith offered a sunset clause; and Senator Berman proposed revising the ballot statement to better match the amended proposal and remove outdated references. Each amendment failed on recorded votes. During questioning and debate, senators pressed Avila on the ballot language, the effect on local services, whether the legislature could later restrict local spending by statute, and whether renters would benefit. Avila said the ballot language was not his and repeatedly stated he was presenting the governor’s proposal, while also saying local governments would need to prioritize budgets and that future legislatures could address implementation details.
After the amendment votes, the joint resolution was read a third time and moved into final debate. Supporters said the proposal would give homeowners relief and force fiscal discipline at the local level. Opponents, including Senators Nathan, Bracey Davis, Smith, Polsky, and Errington, argued the measure was rushed, lacked a completed fiscal analysis or replacement revenue, and could harm police, fire, libraries, parks, housing, and other local services. They also criticized the ballot summary as misleading, especially regarding the staged homestead exemption increase. The transcript ends during debate, before any final vote on the joint resolution itself.
MA
Massachusetts 2025-2026 Regular Session
Senate Session Jun 21st, 2026 at 11:00 am
Massachusetts Senate Floor Meeting
Transcript Highlights:
- Her parents' Sicilian backgrounds and the jobs they held during her childhood had a big influence on
- She was focused on fishermen, jobs, and economic development, and helping those in need.
- Her mother's job as a school librarian instilled a lifelong love of reading in Anne Margaret.
- One of Anne Margaret's proudest achievements was the creation of the Gloucester Marine Genomics Institute
- GMGI is a prime example of her focus on economic development and job creation.
Summary:
The Senate met for final passage on several measures, beginning with adoption of an emergency preamble for H 4587, a sick leave bank bill for David A. Russell of the Department of Correction. The chamber then took up and passed to be engrossed S 1919, providing for the retirement of Greg Heath, a former firefighter in Westfield, and H 4287, authorizing West Springfield to grant four additional off-premises alcohol licenses.
The Senate also adopted an order to adjourn in memory of Representative Anne Margaret Ferrante, with Senator Tarr offering a detailed tribute to her life, public service, and advocacy for Gloucester, fishermen, economic development, and children’s literacy. After a moment of silence, the Senate passed to be enacted H 4149, revising the charter of Lynn; H 4286, allowing Somerset an additional wine and malt beverage license; and H 4439, creating a simplified procedure for accepting subdivision roads in Marlborough.
Finally, the Senate passed H 4587 to be enacted and laid it before the Governor. The chamber adopted an order to meet again the following Thursday at 11 a.m. and adjourned in memory of Representative Ferrante.
CA
California 2025-2026 Regular Session
Senate Floor Session Jan 22nd, 2026
California Senate Floor Meeting
Transcript Highlights:
- God of all creation...
- God of all creation, you call each of us to evolve, to recognize that you hold all that is in your loving
- Mary also spearheaded the creation of the California Dream Alliance, which shared justice priorities
- Mary also spearheaded the creation of the California Dream Alliance, which shared justice priorities
- Mary also spearheaded the creation of the California Dream Alliance, which shared justice priorities
Summary:
The Senate convened with a quorum, opened with prayer and the Pledge of Allegiance, and then handled routine procedural matters, including deeming various messages and committee reports read. Senator Arreguín requested removal of SB 239 from the inactive file for second reading. The chamber then took up SJR 9 by Senator Durazo, which was presented as amended and placed on call before later receiving the amendments by a 29-10 vote.
The main floor action was on SR 70 by Senator Pérez, commemorating the third anniversary of the Monterey Park mass shooting and honoring the 11 victims. Pérez and Senator Rubio spoke at length about the tragedy, the victims, the community response, and the heroism of Brandon Tsay, who disarmed the shooter. The resolution passed unanimously, 39-0. After adoption, Senator Pérez introduced Monterey Park Mayor Elizabeth Yang as a guest on the floor.
The remainder of the session was devoted largely to adjournment-in-memory tributes. Senators honored labor leader Mary Gutierrez Hunter, veteran and political activist Bob Mulholland, former Yolo County Supervisor Betsy Marchand, and Vietnamese American community leader Vu Von Locke, with remarks highlighting their public service, organizing work, and community impact. The Senate also announced that Appropriations would meet after session, and the desk was declared clear before recessing until the next floor session.
TX
Transcript Highlights:
- throughout the state of Texas and fast growth, growing areas like, uh, like House District 3, the creation
- and sand mining operation, and we to finance much needed public infrastructure, we began the mud creation
- This bill conforms to agreed template, uh, for the creation of municipal utility districts adopted by
- House Bill 5437 is a cleanup bill that proposes to validate the date the creation of and subsequent acts
- Representative Toth did a great job laying the bill out.
Committee:
House Land & Resource Management
NH
Transcript Highlights:
- Essentially, it pulls artificial intelligence image creation— the exact wording is creation of child
- of images the exact wording is creation of images the exact wording is creation<00:48:03.520><c> of<
- and keeping us safe, especially if they're doing a good job.
- </c> especially if they're doing a good job especially if they're doing a good job it's<01:13:00.040>
- Thank you. creation of child intimate visual for creation of child intimate visual for presentations<
Committee:
Senate Judiciary
MN
Minnesota 2025-2026 Regular Session
House State Government Finance and Policy Committee 2/18/25
State Government Finance and Policy
Transcript Highlights:
- be a nonpartisan, nonpolitical office that has authority and autonomy so they can actually do their job
- be a nonpartisan, nonpolitical office that has authority and autonomy so they can actually do their job
- can<00:04:51.639><c> actually</c><00:04:51.880><c> do</c><00:04:52.080><c> their</c><00:04:52.360><c> job
- </c><00:04:52.840><c> without</c> can actually do their job without can actually do their job without
- </c> we are charging the executive to do jobs we are charging the executive to do jobs and<01:15:38.520
Committee:
House State Government Finance and Policy
Keywords:
Office of Inspector General, inspector general, legislative audit, fraud prevention, waste and abuse, public funds, grant oversight, state grants, grant management, whistleblower protection, retaliation, subpoena power, data practices, government transparency, accountability, law enforcement referrals, sanctions, debarment, payment withholding, public assistance fraud
FL
Florida 2025 Regular Session
Commerce and Tourism Feb 4th, 2025
Transcript Highlights:
- So Florida's 420,000 plus manufacturing jobs creates and sustains another 2.8 million jobs throughout
- If you go to Florida jobs Dot org.
- I don't know there's a number, but I do know that making the job, making the jobs more attractive and
- So thanks to a manufacturing job. It was a dirty. It's not safe type of job.
- Six-figure job. Yeah.
OK
Oklahoma 2026 Regular Session
Business and Insurance 2ND REVISED Apr 23rd, 2026 at 09:30 am
Business and Insurance
Transcript Highlights:
- He does an outstanding job. So, I just highly recommend this nominee. Further debate? Seeing none.
- We do a wonderful job with the chair's. Permission. I would like him to say a few words.
- The one that I was talking to, my constituent, he had another job full-time job, and then he went to
- All creation is good, but not all creation is equal.
- Staff did a wonderful job doing so.
Bills:
HB4322 , HB4202 , HB4203 , HB4457 , HB3983 , HB3660 , HB3802 , HB2933 , HB2955 , HB2956 , HB3781 , HB3521 , HB3794 , HB3796 , HB3800
Committee:
Senate Business and Insurance
Keywords:
funeral services licensing, funeral director, embalmer, funeral director in charge, dual licensure, mortuary science, Oklahoma Funeral Board, funeral establishment, commercial embalming establishment, crematory, cremation, alkaline hydrolysis, apprenticeship, licensing requirements, professional regulation, undertaker, mortician, burial services, death care industry, workers' compensation
CA
California 2025-2026 Regular Session
Senate Floor Session Apr 23rd, 2026
California Senate Floor Meeting
Transcript Highlights:
- significance of our place in the universe as we pray a poem by Mercy Sister Reni Yan called All Creation
- Gracious and loving God, help us to remember that all creation kneels, a single being, to praise you.
- From its immense heart, creation sings myriad songs at once, mourning and even song, praise and dirge
- In roar and silence, darkness and light, creation kneels a single being to praise you, O God, amen.
- Jobs for California residents.
Summary:
The Senate opened with a prayer and Pledge of Allegiance, then recognized the YMCA on its 175th anniversary and later welcomed officials from the city of Lindsay. The chamber then moved through confirmations for Frank Darnell Jr. to the Alcoholic Beverage Control Appeals Board, Michelle Edgar to the State Board of Barbering and Cosmetology, and David Galavis to the State Park and Recreation Commission; all three appointments were confirmed after roll calls. The Senate also adopted a consent calendar of bills and resolutions without objection.
On the floor, senators debated Senate Joint Resolution 12 opposing federal offshore oil and gas leasing off California. Supporters argued offshore drilling would threaten coastal environments and public participation, while opponents said California’s energy shortages and affordability problems require more in-state production. The resolution passed. The Senate also adopted Senate Concurrent Resolution 118 urging release of unclassified Jeffrey Epstein investigation files to promote transparency and accountability for survivors, and Senate Resolution 99 declaring April 21, 2026, California Agriculture Day, with broad praise for the state’s agricultural industry and concerns raised about water, farmland loss, and farmworker treatment.
Finally, the Senate adopted Senate Resolution 100 designating April 16, 2026, as Breaking the Silence Day of Awareness to highlight child sexual abuse prevention, mandated reporting, and survivor support. The chamber then adjourned in memory of Rob Trice and Alwyn Ben Holman, honoring their service and community impact. The session concluded with announcements of upcoming budget subcommittee meetings and notice that the Senate would reconvene on April 27, 2026.
FL
Florida 2026 Regular Session
FL House Floor Session - 2026-06-02 (9:00AM Session)
Florida House Floor Meeting
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Jan 24th, 2026 at 01:46 pm
House Appropriations & Finance
Transcript Highlights:
- And the State Engineer's Office does a good job in helping people.
- I think they do a wonderful job. Wish we could just fund them.
- Well, I was barely in on the creation of those things because the governor said we couldn't really sit
- in on the planning, the creation of those plans.
- So it's not that I was against it, and again, I think Mike Hammond did a great job.
Committee:
House House Appropriations & Finance
CA
California 2025-2026 Regular Session
Assembly Committee on Economic Development, Growth, and Household Impact Apr 14th, 2026
Transcript Highlights:
- California's economy depends on international trade to support one in five jobs.
- The California Jobs First Program, which was a program I was honored to help drive when I was in the
- governor's office before this job, has let every region of the state figure out its unique assets, its
- Regulatory complexity and intense interstate competition for investment and jobs.
- Finally, the creation of a regulatory economic burden tracker is a critical step forward.
Summary:
The Assembly Committee on Economic Development, Growth, and Household Impact heard several bills focused on trade, affordability, and public finance. AB 2745 (Fong) would update California’s international trade and investment strategy, add a public advisory process, and allow regional trade hubs; supporters from the California Asian Pacific Chamber of Commerce and California Forward said it would help California compete globally and attract investment, while no opposition testified. AB 2366 (Avila Farías) would require state agencies to analyze cost-of-living impacts when adopting regulations and direct the LAO to develop guidance; supporters from the New California Coalition and the California Manufacturers and Technology Association argued it would improve transparency and help address affordability, while members noted concerns about implementation and unintended consequences.
The committee also heard AB 2243 (Haney), which creates a commission to study whether California should establish a state public bank and how it might be structured. Supporters from the California Public Banking Alliance, climate groups, and other organizations said a public bank could reduce borrowing costs and finance housing, climate, and small business needs; the California Bankers Association and credit unions opposed the bill, arguing it could compete with private banks, duplicate prior studies, and raise unresolved regulatory and cost issues. Several committee members said they would support the study concept but wanted the bill amended so any final decision would return to the Legislature, and the author agreed to clarify that point and remove language related to extending local public bank licensing timelines.
The committee also took up consent items AB 2048 (Calderon), AB 2583 (Hoover), and ACR 129 (Haney), which were approved without opposition. After quorum was established, the committee voted AB 2366 out on a 7-0 basis to Judiciary, AB 2745 out on a 7-0 basis to Appropriations, and AB 2243 out on a 7-0 basis to Finance, with the consent calendar also approved.