Transcript Highlights:

• uh including uh I represent parties uh including uh I represent Clayborn<00:06:53.880> and<00
• The third is the transfer of duties and the backfilling.
• The third is the transfer of duties and the backfilling.
• That was a bookkeeping error, so should they have been reported to law enforcement?
• That was a bookkeeping error, so should they have been reported to law enforcement?

Bills: HF1, HF779, HF1034

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

Bills: HB461, HB467, HB522, HB565, HB673, HB799, HB917, HB937, HB956, HB977

Keywords: building codes, construction standards, state uniform construction code, local option, municipal ordinance, parish ordinance, resilient construction, FORTIFIED Home, IBHS, Insurance Institute for Business & Home Safety, hurricane resistance, storm resilience, roof replacement, residential construction, certificate of occupancy, code enforcement, building resilience, home hardening, wind mitigation, residential roof

Transcript Highlights:

• It could be done by a proxy advisor or a third party that's already expressly in there.
• Chair, Member, Senate Bill 1414 grants insurers 30 days to review and respond to third-party settlement
• Isaacson spoke about the timeframes that currently exist, and a third-party claim, there's an insured
• Isaacson spoke about the timeframes that currently exists, and a third-party claim, there's an insured
• So in the third-party context, 30 days is commercially reasonable because it's a different animal and

Bills: SB1090, SB1293, SB1414, SB1429, SB1503, SB1536, SB1633, SB1724, SB1764

Keywords: savings and loan, technical correction, Arizona Revised Statutes, financial institutions, prohibitions, GPLET, abatement, tax incentives, local government, property improvement, central business district, insurance, settlement demands, time limits, third-party claims, regulatory compliance, initiative, referendum, ballot measures, petition circulators

Summary: The committee first approved the February 2, 2026 minutes and held Senate Bill 1090. It then heard Senate Bill 1503, which would require pension fiduciaries and proxy advisory firms to act solely in the economic interest of plan participants and beneficiaries, prohibit ESG- or ideology-based voting, require disclosures and economic analyses in certain cases, and authorize attorney general enforcement. The sponsor said the bill was meant to protect investors and align with federal action. Testimony was mixed: a policy witness supported the bill, while representatives of ASRS and PSPRS said they were neutral but raised concerns about added costs, operational burdens, reporting requirements, possible conflicts with existing fiduciary duties, and increased litigation risk. After debate, the committee voted 4-3 to give SB 1503 a do-pass recommendation. The committee then considered Senate Bill 1293, which would prohibit GPLET school-district revenues from being abated during the eight-year abatement period. Supporters argued the bill would protect school funding and reduce state aid backfill costs, and a Goldwater Institute witness said it would also reduce gift-clause concerns by limiting subsidies that shift costs to other taxpayers. City and economic development representatives from Phoenix, Mesa, and the Greater Phoenix Economic Council opposed the bill, saying GPLET is an important redevelopment tool that helps finance projects in urban cores and that the change would reduce its effectiveness and slow revitalization. The committee adopted an amendment and then passed SB 1293 on a 4-3 vote. Next, the committee heard Senate Bill 1414, which gives insurers 30 days to review and respond to third-party settlement demands in bodily injury claims. Insurance representatives supported the bill as a commercially reasonable timeframe, while the Arizona Trial Lawyers Association opposed it, arguing that 30 days would become a minimum and could delay settlements for injured claimants; members discussed a possible 15-day compromise. The committee passed SB 1414 by a 5-2 vote. It also passed Senate Bill 1633, which creates an income tax subtraction for capital gains from the sale of a primary residence after a five-year residency; opponents warned it would mainly benefit wealthy homeowners and cost the state tens of millions annually, while the sponsor said it could help housing turnover. Finally, the committee passed SB 1429, as amended, allowing Senate and House leaders to designate board members for the Arizona Commerce Authority, SB 1536, which lets municipalities consolidate multiple street-light improvement districts, and heard SB 1724, which clarifies when property splits or consolidations trigger a limited property value recalculation to prevent tax-base manipulation.

Bills: SB2043, SB2044, SB2004, SB2143, SB2411, SB2455, SB2519, SB2661, SB2665, SB2731, SB2737, SB2767, SB2794, SB2830, SB3334

Keywords: insurance, captives, examination, regulations, policyholders, dormant captive, tax exemption, Hawaii revised statutes, financial reporting, outdoor advertising, billboards, public safety, penalties, community pollution, elections, chief election officer, vacancy, order of succession, election commission, campaign finance

Transcript Highlights:

• House Select Committee on the Chinese Communist Party.
• But the reality is that party influence runs deep.
• Because China operates as a party state This raises another important policy question.
• It also seems to be a vehicle for party control inside private companies.
• I mean, you've got to toe the party line. I think those are the rules. That's how it works.

Keywords: Chinese Communist Party, retirement security, investment risks, SEC enforcement, Bipartisan action

Summary: The meeting primarily addressed concerns regarding the impact of the Chinese Communist Party (CCP) on American investments and the financial security of retirees. The chair discussed legislation aimed at ensuring the protection of American investors against the risks posed by Chinese companies. There was a consensus among the members regarding the necessity to enforce existing policies that require compliance from foreign companies wishing to trade on American exchanges. The discussion included testimony from various stakeholders highlighting the urgent need to limit exposure to the CCP in retirement portfolios. Additionally, there were calls for increased accountability of regulatory bodies such as the SEC to better shield American investors from potential loss.

Transcript Highlights:

• time and resources among various parties time and resources among various parties and<00:04:24.880
• provide guidelines so that all parties provide guidelines so that all parties are<00:11:17.440><
• Now, all parties in the proceeding believe that HECO is going to have to increase the rates.
• c> proceeding<00:38:44.079> believe all parties in the proceeding believe all parties in the
• self-build and [snorts] outside parties self-build and [snorts] outside parties and<01:08:27.839

Bills: SB2033, SB2487, SB2497, SB2471, SB2829

Keywords: renewable energy, grid-ready homes, interconnection process, electric utility, energy independence, surcharge, customer access, energy storage, smart inverters, Public Utilities Commission, PUC, electric utility rates, ratemaking, performance-based regulation, performance-based incentives, performance incentive mechanisms, revenue adjustment mechanisms, cost control mechanisms, reward and penalty mechanisms, alternative ratemaking

Summary: The committee first reconvened on SB 2471 and SB 2829, both relating to the powers of artificial persons. After discussion with the Attorney General’s office and a prior Q&A period, the chair said the committee would defer decision-making again, with the intent to return with amended versions of both bills that could gain support from the administration and its lawyers. The measures were deferred to Tuesday, February 10, 2026, in Conference Room 229 at 9:30 a.m. The committee then took up SB 2180, relating to deposits of public funds. Members noted late testimony from the prior day’s joint hearing with the Housing Committee and moved to pass the bill out with amendments, including a defective effective date. The motion carried unanimously among those voting: the chair, vice chair, Senator Lamosao, and Senator Awa voted aye; Senator McKelvey was excused. The measure was adopted. A joint hearing followed on SB 2033, relating to renewable energy and a streamlined grid-ready homes interconnection process. The PUC supported the bill’s intent but raised concerns about the time, resources, and stakeholder input needed to establish the proposed process, and asked for clarification of terms such as “grid-ready homes” and the role of HERA. Hawaiian Electric said it supported the intent but opposed the proposed process and HERA funding use. The Hawaii Solar Energy Association strongly supported the bill, arguing that faster interconnection is needed to meet rooftop solar goals and lower costs over time. Testimony totaled 27 in support, two in opposition, and four with comments. Members questioned costs, consumer protections, and whether the bill would burden low- and moderate-income households; the bill’s supporters said amendments could clarify the definition of grid-ready homes and add guardrails, while acknowledging that upfront costs and interconnection costs would still need to be addressed.

Transcript Highlights:

• or doesn't declare a party, so it doesn't disenfranchise anyone that doesn't want to be declared a party
• It would not provide them a party. So it doesn't change the paper petitioning process.
• You can still do what you do there, but you'll be recognized as a party. ...petitioning process.
• You can still do what you do there, but you'll be recognized as a party.
• Whether we claim that it's not partisan is not true because we know super PACs, uh, parties.

Bills: HB2424, HB2608, HB2775, HB2805, HB2908

Keywords: Arizona political parties, precinct committeeman, precinct committeemen, proxy voting, party bylaws, county committee, state committee, qualified elector, election administration, political party rules, precinct representation, adjoining precinct, county party meeting, proxy attestation, notary public, witnesses, transitional housing, military veterans, grant program, housing services

Summary: The committee first heard HB 2908, which would impose criminal penalties on faithless Arizona Article V convention delegates, require delegates to take an oath, and direct the legislature and governor to ratify any approved amendment through the normal legislative process. The sponsor argued the bill adds guardrails to any future convention, while Common Cause Arizona opposed it as ineffective and insufficient to prevent a runaway convention. After debate about whether the bill could meaningfully constrain delegates, the committee voted 5-2 to return HB 2908 with a do pass recommendation. The committee then considered HB 2608, a veterans housing measure creating a military transitional housing grant program at the Arizona Department of Housing with a $7 million General Fund appropriation in FY 2027 and changes to the military transitional housing fund. Testimony focused on revisions to the bill, including limiting use of funds to new construction and requiring veteran-led or veteran-managed organizations. Several members said the bill was too similar to prior versions and had not gone through the Veterans Caucus process. On a motion to table, the committee voted to lay HB 2608 on the table. After a recess, the committee took up HB 2805, as amended, which creates a secure online portal for nomination petition signatures for local governing board candidates and related election administration changes. The sponsor said the bill was intended to give school board candidates and other local candidates equal access to the state’s electronic signature system, while members debated whether requiring candidates to declare party affiliation would undermine nonpartisan races. The Gillette amendment was adopted, and the committee then voted 5-2 to return HB 2805 as amended with a do pass recommendation. Finally, the committee heard HB 2775, which would bar the state and its subdivisions from using state assets or money to implement or enforce rules, taxes, or policies of international organizations, and would add restrictions on Arizona public universities’ dealings with certain foreign entities. Members discussed a proposed amendment to create oversight of foreign funding at Arizona State University and the Board of Regents, but raised concerns about rulemaking authority and constitutional issues. The committee ultimately voted to hold HB 2775 for further work, and then adjourned.

Transcript Highlights:

• parties.
• I don't think we've talked about that much here in the United States and overseas, and those third parties
• so so I think it's fair to say regardless of how tight our security is in our own labs if we have third-party
• in Iraq in combat with local, national, and international forces. as well as foreign nationals and third-party
• Communist Party, and every scintilla of information they have then belongs to the Chinese Communist Party

Keywords: national security, Department of Energy, foreign espionage, security protocols, Chinese Communist Party, national laboratories, research security

Summary: The Senate Energy and Natural Resources Committee convened to address pressing issues related to research security risks at the Department of Energy, focusing specifically on foreign nationals' access to sensitive information. The meeting highlighted the increasing threats posed by espionage from the Chinese Communist Party, which has sought to infiltrate U.S. national laboratories and exploit American research for military purposes. Discussions included the importance of tightening security protocols to safeguard national interests and maintain technological advantages. Witnesses provided insight into historical contexts and current vulnerabilities, emphasizing that without proper measures, the gaps could jeopardize national security.

Transcript Highlights:

• I experienced it myself and when I was a watch watcher that the alternate judge of the Republican Party
• Ironically, this bill would specifically allow those agencies to invite a party and political candidate
• . parties, including the Democrat Attorneys General.
• Yeah so Dallas, Travis, Bexar County was the the third one that they got under and they were say they
• Whereas this bill encourages that kind of electioneering by having the parties and the candidates.

Bills: SB108, SB318, SB507, SB511, SB533, SB1026, SB1386, SB1433, SB1434, SB1596

Keywords: elections, Election Code, poll workers, election clerks, presiding judge, alternate presiding judge, polling place, central counting station, county chair, political party, gubernatorial election, vote counting, election administration, Texas elections, precinct officials, ballot counting, county election officials, election integrity, election fraud, Attorney General

Bills: SB108, SB318, SB507, SB511, SB533, SB1026, SB1386, SB1433, SB1434, SB1596

Keywords: elections, Election Code, poll workers, election clerks, presiding judge, alternate presiding judge, polling place, central counting station, county chair, political party, gubernatorial election, vote counting, election administration, Texas elections, precinct officials, ballot counting, county election officials, election integrity, election fraud, Attorney General

Bills: SB108, SB318, SB507, SB511, SB533, SB1026, SB1386, SB1433, SB1434, SB1596

Keywords: elections, Election Code, poll workers, election clerks, presiding judge, alternate presiding judge, polling place, central counting station, county chair, political party, gubernatorial election, vote counting, election administration, Texas elections, precinct officials, ballot counting, county election officials, election integrity, election fraud, Attorney General

Summary: The committee heard testimony on Senate Bill 1596, which would remove short-barreled rifles from the list of prohibited weapons in the Texas Penal Code. The author, Sen. Hagenbuch, said the bill would align state law with federal realities and argued that the current prohibition is arbitrary and unnecessary. Supporters, including representatives from Gun Owners of America and Texas Gun Rights, said the bill would reduce confusion, protect lawful gun owners, and preserve the ability to use shorter firearms for self-defense, hunting, and for smaller shooters. One supporter also described a recent case in which an AR pistol was mistaken for a short-barreled rifle and led to a state charge that was later dismissed. Public testimony was split. Supporters said stabilizing braces and shorter firearms can improve accuracy, safety, and accessibility for women, children, and smaller-statured shooters. Opponents, including Texas Gun Sense and two Santa Fe shooting survivors, argued that short-barreled firearms are more concealable and dangerous, and pointed to the 2018 Santa Fe High School shooting as evidence of the risks of easier access. They urged the committee to keep the existing restrictions in place to protect public safety. After public testimony closed, the committee took up pending business. Senate Bill 1505, relating to the Compassionate Use Program, was reported favorably to the full Senate on an 8-0 vote. Senate Bill 17, relating to the acquisition of real property by certain aliens or foreign entities, was first amended by adopting a committee substitute and then reported favorably to the full Senate by a 7-1 vote. The committee then recessed until after the Senate’s adjournment or final recess.

Bills: HR9, HR15, HB202, HB206, HB338, HB379, HB547, HB691, HB843, HB861, HB908

Keywords: human rights, individual liberties, Magna Carta, constitutionalism, free speech, voter identification, election integrity, federal elections, public confidence, election security, SAVE America Act, Louisiana, election fraud, job advertisement, salary transparency, civil service, employment notification, applicant rights, legislative attendance, task force

Transcript Highlights:

• So it says a third party, but... Like, how do you swear that this fact is not subject?
• This case demonstrates that allowing third parties to challenge voter registrations based on their subjective
• Along with a reliable third-party data source, I think that would be enough to support a challenge.
• The standard for voter registration challenge—third-party data from a reliable source or other data from
• that is a reliable document from the government. ...issued document, it is something that is that third-party

Bills: HB2442, HB3697, HB4288, HB5256, HB5337, HB5362, HJR161

Keywords: HB 2442, Texas Election Code, Election Code Section 84.001, early voting, ballot by mail, mail ballot, absentee voting, runoff election, primary runoff, general runoff, voter application, election administration, county election officials, opt-out, voter choice, mail voting, ballot application, voting by mail, Election Code, size requirements

Transcript Highlights:

• Chairman, briefly to the engrossed version. party representatives for each political party representatives
• attend and as well as the party attend and as well as the party representatives,<00:14:04.399>
• Not a great error, but an error.
• error. Not a great error but an error. error. Not a great error but an error.
• <00:39:43.599> They're representative of a party? They're representative of a party?

Bills: HB0085, HB0086

Keywords: elections, audit procedures, ballot integrity, political party observation, transparency, county officials, election code, misconduct, removal, government accountability, 916, all

Bills: HB0085, HB0086

Keywords: elections, audit procedures, ballot integrity, political party observation, transparency, county officials, election code, misconduct, removal, government accountability, 916, all

Transcript Highlights:

• What you see before you is the second, third, Thank you, Mr. Chair.
• Chair, members, by way of background, a person who applies for authorization to become a third-party
• employees or members from being required to submit a bond for the application to become an authorized third-party
• Arizona Trucking Association has been doing authorized third-party work with the state for more than
• MVD is not concerned about us because, again, we've been an authorized third party for more than 30 years

Bills: SB1059, SB1209, SB1273, SB1332, SB1452, SB1456, SB1549, SB1552, SB1818, SB1826, SB1827

Keywords: appropriation, Department of Transportation, right turn lane, traffic improvement, infrastructure funding, nonoperating identification, homeless exemption, veterans, emancipated minors, Arizona Department of Transportation, transportation, infrastructure, pavement rehabilitation, funding, Arizona, SB1332, light rail, light rail expansion, Maricopa County, Phoenix

Summary: The committee first heard Senate Bill 1273, which would appropriate $14 million in FY 2027 for pavement rehabilitation of Olga Frontage Road between Bowie and San Simon. Members asked about the project length and whether it was on the rural transportation priority list. The bill was moved and passed out of committee on a 3-2 vote with a due pass recommendation. Senate Bill 1452, as amended, would create a cargo theft task force in the Attorney General’s office and require regular meetings, investigations, and reporting. Testimony from the Arizona Trucking Association described cargo theft as a growing, sophisticated crime and said the task force would help coordinate law enforcement and use Consumer Fraud Protection Fund dollars rather than the general fund. Members discussed the fund balance, possible costs, and whether the AG’s office had capacity; the committee adopted the amendment and then approved the bill 5-0 with a do pass recommendation. The committee then took up Senate Bill 1332, which orders a study of light rail expansion in Maricopa County by the Auditor General and an independent transportation research entity. Supporters, including local business owners, argued the study was needed before further expansion, while opponents said light rail already had extensive study, strong ridership, and local voter approval, and that the state should not override local decisions. After extensive debate and public testimony, the bill passed 4-3 with a do pass recommendation. Finally, Senate Bill 1059, one of several rural transportation appropriation bills discussed by Senator Wendy Rogers and Representative Blackman, would fund an additional right-turn lane at State Route 87 and State Route 260. The sponsors described it as a safety and congestion issue for Payson and surrounding rural communities, and members discussed broader rural road needs and funding. The committee approved SB 1059 unanimously, 7-0, with a due pass recommendation. The transcript also included extended discussion of Senate Bill 1209, which would waive non-operating ID fees for unhoused people and homeless shelter residents, but the committee had not yet finished action on that bill in the portion provided.

Transcript Highlights:

• 2021 in response to the COVID pandemic, and in fact Zoom has become the platform of choice among all parties
• become the platform of choice<00:03:09.920> among<00:03:10.319> all<00:03:10.640> parties
• c><00:03:11.040> involved<00:03:12.239> uh<00:03:12.640> um choice among all parties
• involved uh um choice among all parties involved uh um in<00:03:12.959> our<00:03:13.200>

Bills: SB2697, SB2399, SB2665, SB2851, SB3102, SB2521, SB3157

Keywords: SB2697, Hawaii transportation, motor vehicle law, road shoulder, shoulder lane, shoulder driving, high occupancy vehicle lane, HOV lane, vehicle registration, expired registration, out-of-state vehicle, vehicle tax delinquency, impoundment, vehicle seizure, public auction, county finance, Department of Transportation, law enforcement, antique motor vehicle, traffic penalties

Summary: The joint hearing of the Transportation and Labor and Technology committees considered HB 2097, which would allow administrative driver’s license revocation hearings to be held by interactive conference technology such as Zoom and permit electronic exchange of evidence. DOT and the Administrative Driver’s License Revocation Office supported the bill, saying Zoom hearings have worked well since 2021 and save time and money. Both committees passed HB 2097 with technical and nonsubstantive amendments. The Transportation Committee then heard HB 1163 on commercial driver licensing, HB 2113 on funding vegetation removal from the Kaola Stream drainage way, HB 2283 on port pilotage, HB 1588 on a noise detection camera program, and HB 2333 on airport special districts and aeronautics penalties. DOT asked for HB 1163 to use “non-domiciled” language to match federal rules, and the committee passed it with amendments. For HB 2113, the Department of Agriculture and Biosecurity said the project would likely need about $1 million, and the committee passed the bill with amendments while noting the funding would be reflected in the committee report rather than the measure itself. HB 2283 drew broad support from maritime and labor interests, but the committee deferred it, saying the Senate version was already moving and would be used instead. HB 1588 received support from DOT and several community and health-related testifiers who said noise from traffic is a serious problem, but the committee expressed concern about enforcement language and re-referred the bill to Judiciary/Ways and Means while still passing it forward. HB 2333 was supported by DOT and airline interests; after questions about airport loitering and sleeping rules, the committee passed it as is. In the final decision-making, the committee adopted the chair’s recommendations on HB 1163, HB 2113, HB 1588, and HB 2333, and deferred HB 2283.

Transcript Highlights:

• We are going to take up the third amendment, which is barcode 485754 by Senator Wright.
• your willingness to allow that process to work, your staff, criminal justice staff, and all of the parties

Bills: S7020, S0308, S0692, S0474, S0572, S1106, S1650, S0350, S1442, S7032

Keywords: open government, sunset review, aquaculture, public records, exemption, Florida Museum of Black History, cultural heritage, education, Board of Directors, local governance, cybersecurity, data breach, data privacy, information security, local government, county, municipality, vendor contracts, third-party service provider, liability shield

Summary: The committee heard and voted on several measures. SB 308 on the Florida Museum of Black History was explained as implementing a prior task force recommendation by designating St. Johns County as the museum site, creating a board, and coordinating with a supporting nonprofit; it passed favorably. SB 692 on cybersecurity standards and liability was amended to bar local governments from imposing cybersecurity requirements on vendors beyond generally accepted best practices, and after testimony both for and against, it was reported favorably as a committee substitute. SB 572 updated ethics law to include legally recognized foster parents and foster children in the definition of relative; after a technical amendment and support from the Ethics Commission, it passed unanimously. SB 1442 revised the long-range program plan to require more specific performance metrics and agency-specific measures; it also passed favorably. The committee also approved SB 1106, as amended by a strike-all, to require state agencies and certain educational materials to use “Judea and Samaria” instead of “West Bank,” despite opposition arguing it would impose political language and conflict with federal and international terminology. SB 7020 reenacted a public records exemption for certain aquaculture and shellfish production records and passed with support from the Department of Agriculture and Consumer Services. SB 474 expanded military leave and related benefits for public employees and officials, including members of the Coast Guard and Florida State Guard, and added three amendments before being reported favorably. SB 350, dealing with public records protections for crime victims and certain law enforcement victims, was heavily amended to add time-limited confidentiality for an officer’s name in some cases and then passed favorably after discussion about balancing transparency and safety. Finally, the committee approved SPB 7032 as a committee bill to shift more fleet management responsibilities from DMS to individual agencies, while still requiring data reporting to DMS for legislative oversight. SB 1650 by Senator Gates was temporarily postponed. At the end of the meeting, members recorded votes on selected bills, and the committee adjourned.

Transcript Highlights:

• a second time, unable to pursue the misappropriating party.
• Banks take one-third, and consumers take the rest.
• Second, it would disclose to an uninvolved third party the negotiated contractual pricing between the
• uninvolved third party is a difficult precedent.
• It's either the second or third expense, depending...

Bills: SB231, SB584, SB600, SB668, SB841, SB986, SB1003, SB1244, SB1625, SB1960, SB1963, SB1964, SB2026, SB2056, SB2368

Keywords: temporary emergency electric energy facility, temporary generation, emergency power, backup generation, mobile generator, portable generator, grid resilience, power outage restoration, transmission and distribution utility, TDU, Public Utility Commission of Texas, PUCT, Utilities Code Section 39.918, competitive bidding, lease authorization, emergency procurement, bulk power system, locational marginal pricing, reliability model, black start

Transcript Highlights:

• My aunts wanted nothing to do with the third party, but they were adamant about making sure we saw the
• And at the end of 2016, then, after that nine years, I sold to a third party.
• I just wanted the committee to know that I was pursuing a... a third party with my attorney.
• And at the end of 2016, then, after that nine years, I sold to a third party. Thank you, ma'am.
• I just wanted the committee to know that I was pursuing a third party with my attorney.

Bills: SB231, SB584, SB600, SB668, SB841, SB986, SB1003, SB1244, SB1625, SB1960, SB1963, SB1964, SB2026, SB2056, SB2368

Keywords: temporary emergency electric energy facility, temporary generation, emergency power, backup generation, mobile generator, portable generator, grid resilience, power outage restoration, transmission and distribution utility, TDU, Public Utility Commission of Texas, PUCT, Utilities Code Section 39.918, competitive bidding, lease authorization, emergency procurement, bulk power system, locational marginal pricing, reliability model, black start