Video & Transcript Research : 'replacement cost value'
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TX
Texas 89th Regular
Senate Committee on Business and Commerce Mar 25th, 2025 at 08:00 am
Business & Commerce
Bills:
SB 483, SB 522, SB 783, SB 1239, SB 1254, SB 1255, SB 1259, SB 1341, SB 1664, SB 1762, SB 1856, SB 1877, SB 1977
Keywords:
utility, proprietary information, customer data, data protection, electric service, customer information, emergency communication, electric utility, privacy, certification, public accountants, interstate licensing, accounting, regulatory amendment, energy efficiency, construction regulations, building codes, Texas, sustainability, cost-effectiveness
TX
Bills:
SB 483, SB 522, SB 783, SB 1239, SB 1254, SB 1255, SB 1259, SB 1341, SB 1664, SB 1762, SB 1856, SB 1877, SB 1977
Keywords:
utility, proprietary information, customer data, data protection, electric service, customer information, emergency communication, electric utility, privacy, certification, public accountants, interstate licensing, accounting, regulatory amendment, energy efficiency, construction regulations, building codes, Texas, sustainability, cost-effectiveness
HI
Transcript Highlights:
- more of a commercial enterprise, uh, that would change potentially the zoning as well as the lease costs
- more of a commercial enterprise, uh, that would change potentially the zoning as well as the lease costs
- more of a commercial enterprise, uh, that would change potentially the zoning as well as the lease costs
- potentially the zoning as well as the potentially the zoning as well as the lease<01:15:56.480>
costs - for these DAB leases lease costs for these DAB leases particular. particular. particular.
Keywords:
Hawaii Symphony Orchestra, state funding, public performances, educational programs, cultural arts funding, historic properties, preservation, inheritance, working group, public-private partnerships, sustainable funding, historic preservation, Hawaii Revised Statutes, construction, state review, burial sites, cultural artifacts, development review, phased review, administrative fees
Summary:
The committee heard testimony on Senate Bill 2603, which would designate the Hawaii Symphony Orchestra as the state orchestra of Hawaii. Testimony was uniformly supportive from the Attorney General’s office, the State Foundation on Culture and the Arts, Retail Merchants of Hawaii, Hawaii Youth Symphony, the Hawaii Symphony Orchestra, the Hawaiian Steel Guitar Association, and others. Supporters emphasized the bill’s value to arts education, cultural vitality, and the visitor economy. The chair noted there were also many written testimonies submitted, and the bill was left without questions or action in the excerpt.
The committee then took up Senate Bill 2083, which would create a state-owned historic properties preservation plan working group within DNR. The State Historic Preservation Division supported the bill and said it would help create a statewide database and better planning for state-owned historic properties, while noting its current review work is reactive and project-by-project. The committee asked about duplication and existing consultation processes; SHPD said it already reviews state projects under existing law and has in-house architectural staff. The measure was then set aside after brief discussion, with no vote shown in the excerpt.
Next was Senate Bill 2341, which would authorize phased review of certain private-property projects and change SHPD’s review deadlines. SHPD and the Office of Planning and Sustainable Development supported the bill, saying it could encourage more proactive, programmatic review and that the current average review time for simple projects is about 56 days. Several opponents, including Sierra Club of Hawaii, Bianca Isaki, Malama Kane Lua, and Tara Roas, argued phased review would delay projects, create conflict, and weaken historic preservation protections, especially for iwi kūpuna and burial sites. Committee members raised concerns about whether the bill conflicted with prior court decisions and asked SHPD for its view; SHPD said it was not a legal question for them and suggested a programmatic alternative. The bill was not voted on in the excerpt.
Finally, the committee began hearing Senate Bill 2306 on administrative fees for the Bureau of Conveyances. HGEA opposed the measure, focusing on a provision allowing the special fund to be used for qualified contractors, while the Bureau of Conveyances supported the bill as a fee correction that would equalize recording fees between systems. The bureau said specialized technical work sometimes requires outside contracting and that it could consider a contract period; the chair and members discussed the HGEA concern and asked whether the issue could be addressed. No final action was shown in the excerpt.
WY
Wyoming 2026 Regular Session
House Transportation, Highways & Military Affairs Committee, February 17, 2026
Transportation, Highways & Military Affairs
Transcript Highlights:
- they cannot pay for the compliance costs they cannot pay for the compliance costs or<00:26:53.000
- These are real costs.
- But we also have fuel cost adjustments, transmission costs, and higher demand that are driving costs
- cost adjustments, transmission<00:40:27.480>
costs, transmission costs, transmission costs, and - driving costs up for for our consumers. driving costs up for for our consumers.
Keywords:
driver's license, motor vehicle services, third-party providers, Wyoming, regulatory compliance, motor vehicle, registration, license plate, electronic system, State Department of Transportation, county treasurers, vehicle fees, public records, license plates, replacement cycle, vehicle registration, motor vehicles, state fees, 916, all
WY
Wyoming 2026 Regular Session
Senate Transportation, Highways & Military Affairs Committee, February 17, 2026
Transportation, Highways & Military Affairs
Keywords:
driver's license, motor vehicle services, third-party providers, Wyoming, regulatory compliance, motor vehicle, registration, license plate, electronic system, State Department of Transportation, county treasurers, vehicle fees, public records, license plates, replacement cycle, vehicle registration, motor vehicles, state fees, 916, all
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Feb 6th, 2026 at 04:27 pm
House Appropriations & Finance
Transcript Highlights:
- Is it valued at current fair market value or the value of the land before the fire occurred?
- Is that land valued at current fair market value or the value of the land before the fire occurred?
- And part of restoration is that when we aren't able to do that, it costs more money.
- It reduces long-term disaster costs by preventing...
- We can keep paying for recovery, or we can invest in prevention that costs less and protects more.
Keywords:
general appropriation, budget, Medicaid, education funding, public safety, SB193, acequia, community ditch, irrigation works construction fund, water infrastructure, ditch infrastructure, irrigation, New Mexico water law, agricultural water, farmers, Rio Grande, acequia association, forest land protection revolving fund, state fund transfer, irrigation projects
NM
Transcript Highlights:
- I'd ask you to go back with your staff and take a look at some type of plan to see what it would cost
- we work with the centralized system with those security protocols as well as let us know what the cost
- There's enough capacity in that fund to absorb those costs in addition to the other things you need to
- And that's the big ask is that some of the equipment that is old aged and non-replaceable is being replaced
- Can I assume it's kind of a sunk cost in your IT systems anyway, and you're not adding any type of manpower
Keywords:
SB132, DOIT, Department of Information Technology, software replacement, equipment replacement, technology funding, revolving fund, capital equipment, enterprise services, state IT budgeting, software budgeting, amortization, depreciation, State Treasurer, Department of Finance and Administration, New Mexico, information technology, IT infrastructure, fund accounting, legislative appropriation
MN
Minnesota 2025-2026 Regular Session
House Energy Finance and Policy Committee 3/12/26
Energy Finance and Policy
Transcript Highlights:
- cost.
- So you're actually eating those costs at a retail value as opposed to wholesale value you're getting
- /c> eating those costs at a retail value as eating those costs at a retail value as opposed<01:15:30.159
- She said those avoided costs are real and create real value for co-op members and utility members, including
- real avoided costs are real and create real value<01:36:25.280>
for <01:36:26.000>co-op
Keywords:
utilities, rate cases, cost recovery, reporting requirements, gas infrastructure, 1183, house
KY
Kentucky 2026 Regular Session
House Budget Review Subcommittee on Justice, Public Safety, & Judiciary (1-20-26)
Transcript Highlights:
- So DOC will address replacements.
- Um and this will offer a replacement.
- Um the final cost is to Kentucky.
- at a total cost of just over 5 million. at a total cost of just over 5 million.
- Um our tell you it's a high cost.
Keywords:
Opening and Roll Call 00:28
Public safety Cabinet 01:09
Juvenile justice MH Facility: 04:30
Department of Corrections Repair and Replacement: 10:29
Department of Criminal Justice Flat Track 19:05
KSP : 27:02
Department of Public Advocacy : 37:35, 958, all
Summary:
The subcommittee heard capital project requests from the Justice and Public Safety Cabinet for fiscal years 2026-28. The cabinet described its large statewide footprint and said its facilities face significant deferred maintenance, with the governor’s budget proposing full funding for maintenance pool requests, including an additional $60 million for the Department of Corrections’ maintenance pool and cash funding through investment income. Officials said the projects were based on facility assessments and were presented as necessary public safety investments rather than wish-list items.
For the Department of Juvenile Justice, the main requests were $35 million for a high-acuity mental health treatment facility and $45 million each for two new female detention facilities. Officials said the mental health facility would fill a gap for youth needing psychiatric care, while the female facilities were needed to support a regional detention model and address overcrowding; they noted the current female population has grown by 50% since July 2024. Members asked about locations, and staff said they were considering western Kentucky abandoned mine land and available land in Fayette and Jefferson counties, with current female placements in Boyd County and Warren County.
For the Department of Corrections, officials requested funding for critical mechanical, electrical, plumbing, roof, and structural repairs, including $15.78 million for Kentucky State Penitentiary utilities infrastructure and additional funding for North Point Training Center projects. They also highlighted two re-entry initiatives: a KCTCS partnership for a re-entry campus at North Point and the East Kentucky Applied Manufacturing Institute at Eastern Kentucky Correctional Complex, both aimed at reducing recidivism through intensive training and job preparation. Members asked about the KCTCS re-entry model, and DOC explained it would be a more immersive, campus-style program than current prison-based vocational classes.
The Department of Criminal Justice Training discussed projects at its Richmond campus and the planned Western Kentucky Training Center, including a replacement flat track and campus access road at Richmond and added training features in Madisonville. Officials said the Richmond changes were needed because EKU construction had removed the existing flat track and would affect access, while the Western Kentucky project would expand training capacity and reduce travel for law enforcement agencies. The Kentucky State Police then outlined the final phase of the statewide emergency radio system replacement, estimated at about $17.5 million, and said the system is being built in geographic phases; members asked how long completion would take, and staff estimated roughly four years after funding, assuming no major inflation spikes. No votes were taken, and the meeting remained informational with member questions and staff responses.
HI
Hawaii 2026 Regular Session
EEP-LAB Joint Public Hearing - Thu Mar 19, 2026 @ 9:30 AM HST
Energy & Environmental Protection
Transcript Highlights:
- Bill adds cost and not savings. Hawaii. Bill adds cost and not savings.
- costs and not direct utility costs. costs and not direct utility costs.
- costs, and risks. In a way, we don't costs, and risks.
- there's no born cost to either side. there's no born cost to either side.
- of the utility's costs. of the utility's costs.
Bills:
SB3326
Keywords:
renewable energy, energy storage, cost reduction, public utilities commission, Hawaii energy policies, 910, house, all
Summary:
The joint committees on Energy and Environmental Protection and Labor heard SB 3326, a bill concerning a study of separating transmission from generation in Hawaii’s electric system. Testimony was largely opposed. Life of the Land argued that true separation on an isolated island grid has not been shown to work anywhere and said the bill would waste taxpayer money. Hawaiian Electric and the Public Utilities Commission also opposed the measure, saying Hawaii already uses competitive bidding for new generation, that the bill would add cost, complexity, and reliability risks, and that a new study would duplicate prior work. In response to questions, the PUC explained its existing competitive bidding framework and said it had not seen an island system fully restructure in this way. The chair then amended the bill’s intent to require the PUC to open a proceeding for an independent, comprehensive analysis of the state’s energy pathways, including cost reduction, financial risk, state energy goals, and reliability, rather than narrowly focusing on separation. Both committees voted to pass SB 3326 SD2 with amendments, with the Energy committee adopting the recommendation unanimously and the Labor committee adopting it with one reservation and two no votes.
The Energy and Environmental Protection Committee then took up SB 2497 SD2, which would require electric utilities other than cooperatives to provide transparent, publicly accessible customer bill impact analyses and annual reports to the PUC. The Department of Commerce and Consumer Affairs and the PUC offered comments, with the PUC supporting the intent. Life of the Land said the proposed disclosure requirements would be too complex for most ratepayers to use meaningfully, while Hawaiian Electric said the bill could raise costs and slow projects, though it acknowledged some of the language changes and said much of the information is already available through existing planning and regulatory processes. Hawaii Clean Power Alliance and one individual testified in support. No vote was taken on SB 2497 SD2 during the excerpt.
The committee also heard SB 3183 SD2, which would bar higher-income taxpayers from claiming the renewable energy technologies income tax credit for certain residential solar systems and would change refundability rules. The Department of Taxation, the Hawaii State Energy Office, and the Tax Foundation offered comments, while the Hawaii Solar Energy Association and numerous companies and individuals opposed the bill. Opponents raised concerns about impacts on financing models and the solar market. Members asked the Department of Taxation for data on how credits are claimed by homeowners versus third-party owners and on the refundability of the credit; the department said it did not have the information immediately available but would follow up. The chair indicated decision-making would likely be deferred to allow further review, and no vote was taken in the excerpt.
OK
Oklahoma 2026 Regular Session
Revenue and Taxation REVISED Feb 9th, 2026 at 01:30 pm
Revenue and Taxation
Transcript Highlights:
- Personal property has a fairer cash value of $5,000 or less.
- at its fair market value or is it going to be capped at the 5%?
- It will go to fair market value. It'll go to fair market. Thank you. Any other questions?
- Does this replace physically going to inspect properties on the property?
- It's just there's an inflationary value here that we need to consider.
Keywords:
excise tax, oil tax, natural gas tax, state revenue, Oklahoma Corporation Commission, income tax, tax credit, aerospace sector, employment, economic development, adaptive reuse, affordable housing, urban renewal, economic impact, program, housing, revitalization, urban development, income tax credit, manufacturing
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Tourism, Small Business, and Information Technology (11-20-25)
Transcript Highlights:
- Bureau, Bob Scott, Tony Tacket, and Jay Shepard, who are going to tell us a little bit about signage value
- Bureau, Bob Scott, Tony Tacket, and Jay Shepard, who are going to tell us a little bit about signage value
- and tourism growth along signage value and tourism growth along the<00:02:34.879>
Hatfield <00 - <00:09:26.720>
the <00:09:27.200>uh So does this replace the coal mine industry that - Pay the cost. Now you making your name. You can maneuver. Move around. Now they ready for war.
Keywords:
Meeting Start 00:00:00
Call to Order and Roll Call 00:00:19
Signage Value & Tourism Growth Along the Hatfield-McCoy Feud Trail 00:03:12
Building a Stronger Community Through Sports 00:32:03, 958, all
Summary:
The committee first approved the minutes from the prior meeting and then heard a presentation from Pike County/Pikeville tourism officials about improving signage for the Hatfield-McCoy historic sites. Bob Scott, Tony Tacket, and Jay Shepard said visitors increasingly come to the area but often cannot find the sites because cell service and GPS are unreliable in the mountains. They argued that clearer signage along routes 119, 319, and 1056 would help visitors navigate the historic loop, strengthen branding, and increase dwell time and local spending.
The Pike County presenters emphasized the economic importance of tourism, citing growth in tourist spending from $72.93 million in 2017 to $103.2 million in 2023 and $114.6 million in 2024. They said tourism helps offset the decline of coal, supports local mom-and-pop businesses, and benefits from partnerships with nearby West Virginia sites such as Matewan and other Hatfield-McCoy-related locations. Members asked about cross-state promotion, lodging capacity, and the possibility of a dinner show in Kentucky; the presenters said lodging is up 33% but more is needed, a new Crown Plaza hotel is planned in Pikeville, and a dinner show would require local investment and community buy-in.
Committee members from the region spoke in support of the tourism effort and the need to preserve and teach local history. The chair and others said signage would help visitors and noted that a business without signs is no business. The committee then moved on to a separate presentation from the Louisville Sports Commission, introduced by Senator Jason Howell, which began with an overview of the commission’s role in sports tourism and economic development in Louisville.
TX
Transcript Highlights:
- Medicare has moved into looking at value.
- Accountable care organizations are looking at quality over cost, which equals value.
- cost roughly about $9,000 for each exam.
- 100% of the time, these costs are passed on.
- We feel we could absorb these costs.
Keywords:
HB 1818, Texas Insurance Code, Texas Department of Insurance, commissioner of insurance, health maintenance organization, HMO, insurer, utilization review, preauthorization, prior authorization, medical necessity review, health care services, medical care, insurance regulation, insurance examination, regulatory oversight, confidential records, public information exception, Chapter 843, Chapter 1301
TX
Transcript Highlights:
- To the question of cost, I've heard that hiring these New York lawyers to arbitrate these disputes costs
- The cost value of the structures that you're seeing come through, is it properties that are worth $10
- It's the technology that is driving these costs up. ...driving up the cost.
- How do we control costs?
- raising costs?
Keywords:
HB 1818, Texas Insurance Code, Texas Department of Insurance, commissioner of insurance, health maintenance organization, HMO, insurer, utilization review, preauthorization, prior authorization, medical necessity review, health care services, medical care, insurance regulation, insurance examination, regulatory oversight, confidential records, public information exception, Chapter 843, Chapter 1301
TX
Keywords:
residential property, ad valorem tax, leasing, property appraisal, fair market rent, housing affordability, appraised value, tax limitation, housing market, affordable housing, leased residential real property, rent control, Texas Tax Code, property tax, residential leasing, homestead, tax code, appraisal review board, real estate sales, property tax relief
TX
Transcript Highlights:
- Families who can't afford the upfront costs.
- Value of their property, ensuring that these repairs or replacements occur faster.
- front on a A replacement cost policy is the actual cash value of the repair, so there is money there
- Replacement cost is paid when the replacement is actually made.
- If you paid more for replacement cost coverage, you should get the money up front so those repairs can
Bills:
HB854, HB 1052, HB1642, HB2076, HB3042, HB3695, HB3787, HB4062, HB4092, SB213, SB493, SB896, HB5519, HB4635
Keywords:
insurance, replacement cost, homeowner's policy, renter's policy, condominium insurance, property damage, claims process, telemedicine, teledentistry, telehealth, health benefit plan, insurance coverage, out-of-state services, anxiety, pain management, contraceptive devices, women's health, medical procedures, healthcare, laboratory
TX
Transcript Highlights:
- Yes, I actually was called in as a replacement later this evening.
Bills:
HB854, HB 1052, HB1642, HB2076, HB3042, HB3695, HB3787, HB4062, HB4092, SB213, SB493, SB896, HB5519, HB4635
Keywords:
insurance, replacement cost, homeowner's policy, renter's policy, condominium insurance, property damage, claims process, telemedicine, teledentistry, telehealth, health benefit plan, insurance coverage, out-of-state services, anxiety, pain management, contraceptive devices, women's health, medical procedures, healthcare, laboratory
TX
Texas 89th Regular
Delivery of Government Efficiency May 7th, 2025
Delivery of Government Efficiency
Transcript Highlights:
- that was at least half of what the cost would be here in our own state.
- First, by consolidating payments, the program aims to lower administrative costs and reduce overall costs
- There are no other costs added to it.
- This comes out to $14,750 per person for medical costs.
- And no one really knows what the cost is going to be when you go in.
Keywords:
HCR 141, House Concurrent Resolution, NASA, Houston, Space City, Johnson Space Center, Mission Control, Apollo 11, moon landing, aerospace, commercial space, space exploration, Texas Space Commission, space policy, federal resolution, memorial resolution, Congress, Washington D.C., headquarters relocation, space industry
HI
Hawaii 2026 Regular Session
EIG-CPN, EIG, EIG-TRS Public Hearings 04-16-2026
Energy and Intergovernmental Affairs
Transcript Highlights:
- And if you look at our testimony, you can see just the costs that are related to generation.
- <00:01:42.600>
that <00:01:42.760>are can see the just the costs that are can see the - just the costs that are related<00:01:43.280>
to <00:01:43.400>generation. - <00:02:03.080>
uh <00:02:03.240>generation most uh cost-effective uh generation most - And then thirdly, the bill doesn't clearly define operational oversight, maintenance, and cost.
Bills:
HCR202
Keywords:
Hawaii, renewable energy, task force, energy independence, cost savings, decarbonization, public utilities, stakeholders, clean energy goals, 912, senate, all
Summary:
The joint committees on Energy and Intergovernmental Affairs and Consumer Commerce and Consumer Protection heard HCR 202 HD2, a resolution creating a task force to study Hawaii’s electric generation mix and related costs. Testimony from the Hawaii State Energy Office was neutral and stood on written comments, while another testifier supported the resolution, emphasizing affordability, reliability, and the need to understand the right balance of thermal generation and renewables as the state moves toward its 2045 renewable goals. The chairs said they had conferred on the measure and outlined recommended amendments, including adding study of the separation of ownership and control of generation versus transmission and distribution, and adding Senate committee representation to the task force.
The Consumer Commerce and Consumer Protection committee voted to pass HCR 202 HD2 with amendments; the chair, vice chair, and another member voted aye, with one senator excused, and the recommendation was adopted. The Energy and Intergovernmental Affairs committee did not have quorum at that time and said it would take its vote later.
The Energy and Intergovernmental Affairs committee also heard HCR 165, concerning pickleball courts in Hawaii Kai. One resident testified in opposition, citing concerns about permanent lights, permanent nets, noise, light pollution, safety, maintenance, and the loss of multi-use flexibility. After discussion, the chair recommended passing the measure as is, and the committee said it would vote the next day because it lacked quorum. The committee also heard HCR 154 and HCR 43 with the Transportation Committee; HCR 154 was passed unamended, and HCR 43, which urged raised crosswalks near Ala Wai Elementary School for pedestrian safety, was also passed unamended. Supporters of HCR 43 described heavy pedestrian traffic, schoolchildren crossing, and unsafe vehicle turning patterns at the intersections. The Transportation Committee adopted both recommendations, while the Energy and Intergovernmental Affairs committee scheduled its votes for the following day.
HI
Keywords:
supplemental appropriations, state budget, Hawaii budget, biennial budget, capital improvement projects, CIP, general fund, special fund, green fee, special land and development fund, clean energy revolving loan fund, agricultural development revolving fund, community grants, nonprofit grants, Office of Community Services, housing, affordable housing, homelessness, health care, mental health