Transcript Highlights:

• But very close to forecast based on that price and production data through March in terms of the price
• Price, of course, is the real wild card. We had seen prices slipping a little bit below forecast.
• price, North Dakota price, the first year, $57 the second.
• You know, we had assumed a price in April and May of a North Dakota price of around $80.
• It's a price that we get from the actual tax. a market price that we get from a market.

Committee: Joint Budget Section

Transcript Highlights:

• , as opposed to the $514,000 median sale price for a single-family home currently in the state.
• Since 2019, the median priced single-family home increased 71%, while manufactured homes have increased
• for a single $514,000 median sale price for a single family<01:15:36.600><c> home</c><01:15:37.199><
• :46.800><c> the</c> Than single-family homes since 2019, the median priced single-family home increased
• It's regardless of the median purchase price of a manufactured home, so that takes into account those

Committee: House Housing

Summary: The House Housing Committee heard testimony on HB 577, a bill to expand accessory dwelling units (ADUs) in New Hampshire. The sponsor and supporters described the state’s housing shortage and argued the bill would make it easier for property owners to build ADUs by right, up to 950 square feet, either attached or detached, while still requiring compliance with building codes, septic/water limits, and other local requirements. Supporters said the measure would help seniors age in place, provide housing for young adults, caregivers, and workers, and make better use of existing property such as garages and barns. Representative Reed raised concern that removing language related to short-term rentals could allow ADUs to be used for that purpose rather than long-term housing. The sponsor said he was open to clarifying language on short-term rentals, and another witness explained that current law already allows municipalities some choice on ingress/egress requirements, while the bill would standardize that and leave the design choice to the property owner. Several supportive witnesses followed, including the New Hampshire Home Builders Association, the New Hampshire Association of Realtors, the Business and Industry Association, AARP, Housing Action New Hampshire, 603 Forward, and New Hampshire Youth Movement. They emphasized affordability, property rights, workforce housing, intergenerational living, and the need for statewide consistency. A Derry resident testified that his existing garage space could be converted into an ADU under HB 577, but current local rules prevent that because it is detached; he said the bill would let him rent it affordably. Supporters also argued that ADUs can increase property values and help homeowners cover mortgages and taxes. In opposition, the New Hampshire Municipal Association said the bill would impose a local zoning mandate, could add density pressure on already stressed infrastructure, and did not guarantee that new units would be affordable or workforce housing. No vote or final committee action was taken in the excerpt.

Transcript Highlights:

• parks or manufactured home communities.
• Number one: volatile and expensive gas prices.
• , saving $2,500 per year at today's prices.
• Number one, the price of gas is going up, way up.
• Clean energy and affordable. correlating drop in prices.

Committee: Joint Joint Committee on Telecommunications, Utilities and Energy

Summary: The committee heard testimony on a wide range of late-file energy bills, with much of the discussion focused on battery storage siting, gas system expansion, propane consumer protections, gas workforce safety, and a Taunton home-rule petition on water rates for manufactured housing communities. Representative Sweeney urged support for H. 4689 and H. 4690, which would impose a moratorium and setback requirements for lithium battery storage facilities, citing fire risk, proximity to homes, and environmental concerns. Several local officials and residents from Oakham, Tewksbury, and other communities described proposed battery projects near homes, schools, wetlands, and conservation land, while industry and clean-energy advocates argued the bills would effectively block storage development and conflict with state energy goals and existing fire-safety standards. The committee also heard strong support for S. 2290/H. 3547, a bill to prevent gas expansion near environmental justice communities, from environmental justice advocates, municipal officials, and clean-energy groups. Testimony emphasized rising gas bills, the cost of new pipelines, methane and health impacts, and the need to avoid locking in long-term gas infrastructure costs. Witnesses also discussed related bills on gas workforce safety, gas shut-off valves, and gas meter replacement plans, with labor representatives supporting safety-focused measures and opposing changes they said would weaken inspections, while consumer and environmental advocates argued that some utility replacement practices are unnecessarily expensive and should be reined in to reduce ratepayer costs. Other testimony included support for H. 3518 on propane gas ratepayer protections, with the witness arguing for clearer contract terms and website price disclosure, and support for S. 2652, which would authorize Taunton to create a separate water billing rate for manufactured housing communities because residents there are effectively paying higher water costs through rent due to a single master meter. No committee votes or final actions were taken during the hearing, and members mostly asked brief clarifying questions or made no comment after testimony.

Transcript Highlights:

• I do remember almost making it home. Armando loved home.
• I wanted Armando home. Armando loved home.
• price in Texas...
• Steven Price. Mr.
• The Chair calls Steven Price. Mr. Price, we have you registered as Steven Price.

Bills: HCR7 , HB1557 , HB1608 , HB2061 , HB2201 , HB2210 , HB2426 , HB2754 , HJR165 , HB2513 , HCR7

Committee: House S/C on Defense & Veterans' Affairs

Keywords: Veterans of Foreign Wars, veterans, commemoration, military service, recognition, September 29, waiver programs, toll roads, discount programs, transportation, affordable housing, land bank program, low-income households, Texas State Affordable Housing Corporation, HB 2061, Texas Transportation Code, Chapter 225, State Highway 242, Interstate Highway 69, Montgomery County

Transcript Highlights:

• And something that we've talked about is just the fact that our median home prices um have increased
• </c> median home prices um have increased median home prices um have increased over<00:04:14.080><c>
• price of a home that would increase the price of a home on<00:43:41.200><c> average</c><00:43:41.440
• Some studies have shown that for each month of delay for permitting, the price of a home can increase
• price.

Summary: The committee met without a quorum and began informally, with members noting this was the final information-gathering meeting on housing before a November meeting to discuss findings and report back to the LRC. The main presentation focused on the Lexington Affordable Housing Partnership, a public-private effort supported by a $10 million state allocation. Presenters described Fayette County’s housing shortage, citing a gap of more than 22,000 units, rising home prices, and the challenge of assembling land and capital for affordable projects. The partnership explained that five local banks created a $3 million capital investment fund to buy and hold land at no interest, with deed restrictions keeping the site at 80% or below area median income and allowing the banks to seek Community Reinvestment Act credit. The first project is a 12.5-acre former Transylvania University baseball field, planned for about 242 units, including detached homes, townhouses, garden-style apartments, and senior housing. Speakers said the project required extensive neighborhood engagement and zoning/development approvals, but that the planning phase is now largely complete and infrastructure work should begin soon. Financing details included roughly $64 million in additional funding through tax credit equity, market-rate loans, city support, Kentucky Housing Corporation resources, and donations from nonprofit partners. Developers said the multifamily bond applications are due to Kentucky Housing Corporation the next day, and they expect the land purchase to be repaid into the revolving fund once the property is entitled and closed, allowing the original $3 million to be redeployed for future projects. They estimated rental units could be filled within about six months of completion, while for-sale units would come online over 12 to 36 months. In discussion, members asked about regulatory barriers and project timelines. Presenters pointed to rising construction costs tied to new federal and state requirements, and one member highlighted the need to continue reviewing planning and zoning reforms to speed development plan approvals and reduce delays. The group also endorsed a possible statewide $20 million housing fund, a residential infrastructure fund, and efforts to avoid additional regulatory burdens on housing development.

Transcript Highlights:

• Selling homes to families at an affordable price is controllable at the time of sale for them.
• </c><00:36:57.560><c> home</c><00:36:57.720><c> owners</c> be a great help to home home owners be a great
• ><c> and</c> pricing including grocery pricing and pricing including grocery pricing and covered<01:14
• board</c> drives the price price across the board drives the price price across the board house<01:15
• </c><01:25:35.280><c> is</c><01:25:35.719><c> pricing</c> volume based pricing is pricing volume based

Bills: HF2228 , HF46 , HF856 , HF2149 , HF2215

Committee: House Commerce Finance and Policy

Transcript Highlights:

• Dynamic pricing is a method some businesses use to change the price of retail goods.
• Third, the business is prohibited from using surge pricing to modify the price of goods.
• According to the most recent CPI data, food-at-home prices are increasing faster than the overall rate
• discounts that lower prices.
• ..." "...and prohibitions on the way that surveillance pricing and pricing discrimination and surge pricing

Bills: HB2278 , HB2325 , HB2481 , HB2503

Committee: House Technology, Economic Development, & Veterans

Keywords: tourism, promotion areas, state funding, economic development, community engagement, tourism promotion, Washington Tourism Marketing Authority, assessment, self-supported assessment, visitor economy, destination marketing, statewide marketing, lodging, hotels, restaurants, travel services, attractions, recreation, retail, beverage producers

Transcript Highlights:

• But very close to forecast based on that price and production data through March in terms of the price
• Price and production data through March in terms of the price, and just a little bit above in terms of
• Price, of course, is the real wild card. We had seen prices slipping a little bit below forecast.
• You know, we had assumed a price in April and May of a North Dakota price of around $80.
• It's a price that we get from the actual tax. a market, a price that we get from a market.

Summary: The Budget Section approved the March 18 minutes and received an OMB update showing the general fund is still ahead of the budgeted starting point, but revenues through May are now about $76 million below the legislative forecast, driven mainly by individual income tax and sales tax shortfalls. OMB also reported the budget stabilization fund is above its cap, meaning a transfer to the general fund is expected, and reviewed oil price/production assumptions, noting continued volatility. Members asked about the income tax netting process, the sales tax decline, oil price discounts/premiums, natural gas taxation, and when the executive branch would present its revenue forecast. The committee then acted on several Emergency Commission requests. It approved, as a group, requests for federal mine reclamation funds for the Public Service Commission, an additional criminal investigator FTE and funding for the Attorney General’s office, and a DPI transfer for bridge software costs. It separately approved DPI request 2164 for $500,000 to support the food vendor program after debate over whether the program’s savings were known and whether the money was simply a pass-through. OMB also reported on federal grants, fiscal irregularities, tobacco settlement proceeds, budget guidelines for agencies, FTE pool usage, vacancy savings, and the DAPL settlement, noting the settlement funds had been deposited and that a deficiency appropriation may be needed later to cover remaining accrued interest. Tax Commissioner Brian Kroshus presented on the primary residence credit program, saying participation has grown sharply and that the current biennium will likely need about $431 million, roughly $22 million above the appropriation. He explained how the credit interacts with homestead and disabled veteran benefits, how the 3% property tax cap works, and why county valuations and mill rates vary. The committee also received a Legacy Fund/Budget Stabilization Fund report showing strong returns, and DOT Director Ron Henke received approval for two Flex Fund highway projects on ND 49 and ND 31. Henke also explained remaining Highway 85 funding and said the department is exploring uses for leftover state dollars. Finally, the Department of Mineral Resources reported on abandoned well plugging and site restoration, noting North Dakota remains in relatively strong shape compared with other states, and DPI began a presentation on gap funding tied to the 3% levy cap, reporting 24 districts received $1.8 million in the first year and projecting higher future needs.

Transcript Highlights:

• over 31,000 homes and 3,700 rentals.
• These and other... ...in over 31,000 homes and 3,700 rentals.
• But that 2,000 is really, that's just the implementation in the home.
• the fourth-highest energy prices of any state in the U.S.
• The higher the demand, the higher prices are for everyone.

Committee: Senate Senate Committee on Climate Change and Global Warming

Transcript Highlights:

• for raising the price of insulin.
• called MAC pricing.
• The best price I can buy it for is $225.
• home to your districts.
• Now, will that drive prices down?

Committee: House Health and Mental Health

Summary: The committee first took testimony on House Bill 1681, which would require health carriers and pharmacy benefit managers to count amounts paid by or on behalf of an enrollee for certain medications toward out-of-pocket maximums when no generic substitute is available. The sponsor described the bill as helping patients with serious illnesses afford needed drugs. The committee then adopted a substitute that rolled HB 1681 together with House Bills 1941 and 2279, including an ERISA-related labor exemption, and passed the combined committee substitute by a vote of 15-2. The committee next heard House Bill 2365, which was also combined with related bills through a substitute that changed terminology to “delivery systems.” That substitute was adopted by voice vote, and the House Committee substitute for House Bills 2365, 2490, and 2249 was then approved unanimously, 18-0. After that, the committee heard House Bill 2149, the dementia care coordinator bill. The sponsor and supporters from the Alzheimer’s Association and family caregivers argued the state needs a central point person to coordinate resources, improve early detection, support caregivers, and connect rural residents to services. Members raised concerns about the fiscal note, whether the work duplicates existing Area Agencies on Aging and Alzheimer’s Association services, and whether two FTEs would be effective statewide. No vote was taken on HB 2149 during the portion provided. The committee also heard House Bill 2309, which would prohibit Missouri insurance coverage for organ transplants or related services involving organs taken from prisoners of conscience in China. The sponsor and supporters framed the bill as a human-rights measure aimed at condemning organ harvesting and abuse of Falun Gong practitioners and other prisoners of conscience. Members asked whether there was documentation of such transplants in Missouri and whether federal oversight exists; the sponsor said there is no reporting mechanism and no known opposition. No action was taken on the bill in the excerpt. Finally, the committee began testimony on House Bills 1975 and 1850, pharmacy benefit manager reform bills. The sponsors said the measures are intended to protect local pharmacies, improve transparency, limit harmful audit practices, and create a critical access pharmacy program. Supporters, including a pharmacy business group, argued PBM practices drive up drug costs and close pharmacies. Opponents, including a carpenters’ health plan representative, warned the bills could increase costs for self-funded plans, limit network and mail-order arrangements, and shift more administrative burden onto plan sponsors. The hearing continued with questions and testimony, but no final vote is shown in the provided transcript.

Transcript Highlights:

• price of electricity, of heating your home, of cooling your home, it's all going up.
• Of cooling your home. It's all going up.
• Gas prices continue to climb.
• Prices are going to go even higher.
• For prices. Increases in gas prices.

Summary: The committee heard SB 872, which would direct $150 million annually each for Central Valley subsidence repairs and Delta levee work. Senator McNerney and supporters from Restore the Delta, the State Water Contractors, and many water agencies, labor groups, environmental organizations, and local governments argued the bill is urgent to protect water delivery for 27 million Californians, safeguard levees and state assets, and address climate-related flood risks. There was no opposition testimony, and members asked about the bill’s focus on state-owned conveyance; the author said the distinction reflects the separate state and federal water projects. The bill was held while the committee lacked a quorum, with no vote taken at that point. The committee then heard SB 981, which would require CARB to include cost-of-living impacts in its existing regulatory analysis for major rules. Senator Niello and supporters from agriculture, manufacturing, business, propane, restaurants, and commercial property groups said the bill would improve transparency about how regulations affect gasoline, electricity, food, housing, and business costs. Opponents, including Coalition for Clean Air and the Union of Concerned Scientists, argued it would add delay, cost, and redundant analysis to CARB rulemaking and could not reliably measure the effects the bill seeks to capture. Committee members raised concerns that CARB already estimates costs, that the bill is burdensome and narrow, and that it does not fully account for benefits or the role of other agencies. No vote was recorded in the transcript. SB 887, by Senator Padilla, would require data center projects to undergo CEQA review while creating a streamlined path for projects meeting strong environmental, labor, and community-benefit criteria, including zero-carbon electricity, on-site storage, recycled water or water-efficient cooling, and full cost responsibility for grid upgrades. Supporters said data centers are rapidly expanding, can strain energy and water resources, and should be held to clear standards while still allowing beneficial development; labor and environmental groups backed the measure. Opponents from the Data Center Coalition, Silicon Valley Leadership Group, and business groups said the bill is overly prescriptive, discriminatory toward one industry, and could drive investment and jobs out of state. After discussion, the committee established a quorum and voted 3-1 to pass SB 887 as amended to the Senate Energy, Utilities, and Communications Committee, with the bill kept on call. The committee also heard SB 1008, which would renew a CEQA exemption for the closure of at-grade rail crossings ordered by the California Public Utilities Commission. Senator Ochoa Bogh and Union Pacific testified that the measure would help the state act quickly on rail safety by removing redundant environmental review for crossing closures, while still requiring collaboration with local jurisdictions and the PUC. There was support from railroad and business representatives and no opposition. The committee voted 4-0 to pass SB 1008 to the Senate Energy, Utilities, and Communications Committee, and the bill was kept on call.

Transcript Highlights:

• This online sale included both his home address; the billing address matched the home address, the phone
• Well, we can't raise prices anymore.
• And now that you have soaring gas prices, high grocery prices, things like that, consumers are up in
• arms and looking for pricing relief.
• And now that you have soaring gas prices, high grocery prices, things like that, consumers are up in

Summary: The commission met to continue studying credit card payments, interchange fees, fraud, chargebacks, and the impact of card processing costs on small businesses, especially restaurants and retailers. Members heard extensive testimony from credit unions, retailers, restaurant owners, payment-industry representatives, and an airline trade group. Supporters of reform argued that swipe fees are a major and rising expense, that businesses are paying fees on sales tax and tips that are merely pass-through amounts, and that merchants have little negotiating power. Several restaurant and retail witnesses described thin margins, higher costs for card-not-present transactions, and chargebacks that they said usually favor cardholders and leave merchants absorbing losses and fees. Witnesses from the Cooperative Credit Union Association cautioned that state-level interchange regulation could reduce revenue used for fraud prevention, compliance, and member services, and could lead to higher rates or reduced access. Retail and restaurant representatives countered that fees have risen sharply, that statements are difficult to decipher, and that rewards programs and card-network pricing are subsidized by merchants and ultimately by all consumers. The Massachusetts Restaurant Association and independent operators urged legislation to bar fees on tax and tip portions of transactions and to allow businesses to pass along card fees if they choose, saying this would improve transparency and fairness and help keep small restaurants open. Other testimony came from the National Restaurant Association, which supported interchange reform and said modern point-of-sale systems can already separate tax and tip amounts, and from a payments-industry group that emphasized the broader economic benefits of digital payments and warned against state-by-state rules. Airlines for America opposed changes that could undermine airline credit card rewards programs. Commission members asked detailed questions about fee structures, card types, chargebacks, POS systems, and whether consumers paying cash are also affected. No votes or formal actions were taken at the meeting.

Transcript Highlights:

• </c> An energy-efficient home. Why?
• third of the price that they're paying for home heating oil or for propane. will undertake.
• third of the price that they're paying for home heating oil or for propane.
• </c> get that price point as far as the price get that price point as far as the price and<00:24:55.840
• Those are average prices for an entire state, and Minnesota ranks 22nd overall highest prices.

Bills: HF3298

Committee: House Energy Finance and Policy

Transcript Highlights:

• their home.
• their home.
• We have homeowners who may have a primary home or a beach home, and maybe the beach home had damage,
• pricing.
• or set of homes.

Summary: The subcommittee held its first meeting on homeowners property insurance, with members from both parties introducing themselves and repeatedly noting that insurance affordability, roof condition, claims handling, and storm recovery are top concerns for their districts. Chair Yeager said the meeting was intended as an educational discussion rather than a legislative debate, and introduced a panel that included Insurance Commissioner Mike Yaworski, consumer Chad Carr, agent Mary Catherine Lawler, insurer executive Melissa Burt DeVries, and policyholder attorney Chip Merlin. The panel and members discussed major cost drivers in Florida homeowners insurance, including inflation, home age, roof age, mitigation features, claims history, litigation costs, reinsurance, and the Florida Hurricane Catastrophe Fund. Commissioner Yaworski said underwriting has become more sophisticated and that litigation costs, reinsurance, and replacement-cost inflation all affect premiums; he also said litigation is down about 30% and average requested rate increases have fallen from about 22.1% in 2022 to 0.8% today. DeVries said age of home, replacement cost, roof age, and coverage choices can materially change premiums, and explained that reinsurance is a major expense passed through to consumers. Merlin emphasized transparency concerns, argued that insurers are increasingly individualizing risk, and said consumers often struggle with coverage limits, deductibles, and claim denials. Members asked about flood coverage, hurricane deductibles, managed repair programs, mitigation credits, new insurer capitalization, and whether savings from reforms are reaching consumers. Yaworski explained that flood is generally excluded from homeowners policies and covered separately, that hurricane deductibles are mandatory in Florida and usually around 5%, and that the office tracks savings from reforms through rate filings and insurer discussions. He said the state is updating mitigation discounts and monitoring new entrants closely for solvency and market conduct. Several members and panelists said recent reforms have helped reduce some abuses and litigation, but many consumers are still seeing higher premiums because replacement costs and reinsurance remain elevated. No votes or formal actions were taken.

Transcript Highlights:

• </c> more homes in greater Minnesota. more homes in greater Minnesota.
• </c> 150 to 220 homes in Cook County. 150 to 220 homes in Cook County.
• <00:15:29.240><c> uh</c> home uh home uh workforce<00:15:30.360><c> housing.
• of a home.
• on to the sales price of of home<01:06:46.120><c> development.

Committee: Senate Housing and Homelessness Prevention

Transcript Highlights:

• That's what the price was. $37 percent, or $37. price was 37 percent or $37 that's what the price is
• in that home, the home has to become a family adult home.
• in that home, the home has to become a family adult home.
• This bill says, as long as you are the original foster person living in the foster home, that home does
• This bill says, as long as you are the original foster person living in the foster home, that home does

Bills: HB1160 , HB1289 , HB1339 , HB1798 , HB1065 , HB1795 , HB2107 , HB2113 , HB2124 , HB2125 , HB2133 , HB2134 , HB2140 , HB2185 , HB2191 , HB2205 , HB2211 , HB2219 , HB2245 , HB2253 , HB2283 , HB2343 , HB2406 , HB2501 , HB2531 , HB2574 , HB1170 , HB1544 , HB1834 , HB2156 , HB2188 , HB2206 , HB2360 , HB2471 , HB2478 , HB2525 , HB2605 , HJM4012 , HB1104 , HB1152 , HB1254 , HB1443 , HB1710 , HB1750 , HB1903 , HB1941 , HB1974 , HB1982 , HB1983 , HB2006 , HB2034 , HB2105 , HB2179 , HB2203 , HB2215 , HB2223 , HB2239 , HB2247 , HB2297 , HB2303 , HB2322 , HB2329 , HB2334 , HB2338 , HB2345 , HB2348 , HB2350 , HB2353 , HB2355 , HB2363 , HB2367 , HB2379 , HB2388 , HB2399 , HB2418 , HB2420 , HB2428 , HB2441 , HB2462 , HB2464 , HB2467 , HB2495 , HB2505 , HB2534 , HB2539 , HB2544 , HB2551 , HB2554 , HB2557 , HB2575 , HB2577 , HB2588 , HB2594 , HB2604 , HB2636 , HB2714

Summary: The House took up second reading and final passage on several bills. House Bill 2575, relating to reducing certain environmental reporting obligations, was amended to direct savings from reduced utility reporting toward low-income electricity assistance, then passed 95-0. House Bill 2334, on cash transaction rounding for the loss of pennies, passed 89-6 after debate over common-sense rounding, tax treatment, and concerns about moving away from cash. House Bill 2714, updating caseload forecasting for food and nutrition assistance programs including SNAP, passed 95-0. Engrossed Substitute House Bill 2557, concerning parental access to special education evaluation meetings and timelines, passed 95-0 after a technical amendment clarifying terminology and discussion about giving parents more time to prepare for meetings. The House also passed Substitute House Bill 2594, which codifies protections for unhoused students and aligns state law with federal McKinney-Vento protections; supporters described the bill as ensuring continued educational access for homeless youth, and it passed 94-1. House Bill 2348, updating timber sale process efficiencies, including electronic notice and appraisal/approval requirements for certain land sales, passed 95-0. Engrossed Second Substitute House Bill 2215, dealing with Climate Commitment Act compliance obligations for fuels, drew extensive debate over market fairness, fuel prices, rural impacts, and Ecology’s authority; after adopting a striking amendment and rejecting several others, it passed 57-38. The House then considered House Bill 1710, a Washington Voting Rights Act compliance bill creating a new chapter in Title 29A RCW. Members debated numerous amendments focused on preclearance standards, lookback periods, fee shifting, rulemaking authority, settlement treatment, and the use of citizen voting-age population. Some technical amendments were adopted, while many substantive amendments were rejected. The transcript ends during continued amendment debate on the bill, before final passage is recorded.

Transcript Highlights:

• I feel like I'm coming home today. Miss you guys. Mr.
• a higher price and negotiated contract.
• The wholesaler would not come out of pocket to buy the home. Price and negotiated contract.
• where the home cannot be sold to anyone else.
• A higher sales price and profit.

Committee: House Commerce, Consumer Protection, and International Affairs

Summary: The committee first deferred several bills, then took up House Bill 468 by Representative A-Bear, which would regulate wholesaling of residential real property by requiring disclosures, a right to cancel within 14 days, and other consumer protections. Representative A-Bear said the bill is meant to increase transparency without banning wholesaling, while committee members and witnesses debated whether the bill should instead focus on proof of funds or other safeguards. The committee adopted an amendment set that added disclosure of assignment fees, required a 1% earnest money deposit, and imposed a civil penalty for violations, then reported the bill favorably after hearing testimony from real estate professionals, title attorneys, and the Louisiana Real Estate Commission, many of whom supported transparency but urged changes to the rescission period and other provisions. Witnesses on HB 468 generally agreed there are bad actors in the wholesale market, especially in residential transactions involving distressed or unsophisticated sellers, but several argued the bill could interfere with legitimate local investors who close quickly and help move problem properties back into commerce. The Real Estate Commission explained that the bill creates a rebuttable presumption based on marketing activity and that the agency has enforcement tools even against unlicensed actors. Representative Jordan raised concerns about intent, assignability, and whether represented sellers need the same protections, and Representative A-Bear said he would continue working on the bill before floor debate. The committee then heard House Bill 548 by Representative Bowie, which changes CPA licensing by allowing either a master’s degree or an additional year of experience in place of the current extra undergraduate hours, while keeping the exam requirement the same. The bill also codifies board composition criteria and modernizes CPA mobility/practice privilege rules for out-of-state CPAs. After brief questions about enforcement and mobility, the committee heard support from the Louisiana Society of CPAs and others and reported the bill favorably. Finally, the committee took up House Bill 848 by Representative DeWitt on motor vehicle dealer licensing and repair facility requirements, adopted technical amendments, and then recessed.

Transcript Highlights:

• It's affecting not only the rents and the home prices, but this is also right in line with President
• and rent prices.
• If we could reduce regulations, that would bring down the price of homes.
• homes.
• Homes are sitting on the market for longer, and sellers are dropping list prices.

Committee: Senate Senate Budget

Transcript Highlights:

• Given the prices, if you look at this graph, the prices paid and the prices received indices, If you
• look at this graph, the prices paid and the prices received indices, you can see the red line here on
• the first graph is the prices received.
• I mentioned the raisin earlier, and some of those prices are very similar to the exact same price they
• But nevertheless, the price is still the same.

Summary: The joint informational hearing at Fresno State focused on cost pressures in California’s food system and how those pressures affect households, farmers, and small businesses. Opening remarks emphasized Fresno State’s role in the Central Valley economy and the region’s importance to the state and nation’s food supply. Members said the hearing was part of a broader “pocketbook tour” to gather local input on affordability, food costs, labor, water, regulation, and market conditions, and they noted the added strain from the federal shutdown’s impact on CalFresh benefits and food insecurity. The first panel featured an agricultural economist, a PPIC researcher, and a Small Business Development Center leader. The economist described agriculture’s outsized role in the Central Valley’s GDP, employment, exports, and food manufacturing, while identifying water scarcity, SGMA-related land fallowing, labor shortages and rising labor costs, market uncertainty, invasive pests, and rising production costs as major barriers. The PPIC witness said food prices remain much higher than before the pandemic, household budgets are under pressure, and California’s nutrition safety net—especially CalFresh, WIC, and school meals—reduces poverty significantly, though federal changes and the shutdown could weaken that support. The SBDC representative highlighted technical assistance, capital access, and training for farm-adjacent businesses, but warned that reduced funding and ownership-transition challenges are making it harder for small businesses and farms to adapt. The second panel brought testimony from a small produce grower, a food entrepreneur, and the Fresno County Farm Bureau CEO. The grower said input costs such as fertilizer, fuel, irrigation supplies, land leases, labor, and compliance have risen sharply while wholesale prices have not, leaving small farmers with thin or negative margins and delayed disaster assistance. The food entrepreneur described scaling barriers for small food processors, including the lack of local small-batch processing facilities, higher distribution costs, and the need for better education on labeling and regulatory compliance. The Farm Bureau leader argued that farmers are price takers, not price setters, and said consumer food prices are driven largely by transportation, processing, packaging, and retail costs rather than farm-gate prices; he also stressed the importance of exports, water infrastructure, land preservation, ag burn rules, and continued investment in technology and labor solutions. Members asked about ways to help small farmers, land access, farm-to-school participation, ag burn restrictions, and water reliability. Witnesses suggested grants or programs to help small farmers buy land, more local processing capacity, continued investment in water conveyance and recharge, and stronger support for technical assistance and innovation. No formal votes were taken; the hearing concluded with members thanking the panelists and inviting continued input as they prepare future legislation.

Transcript Highlights:

• </c> Homes out in Minneapolis. Homes out in Minneapolis.
• home parks where the homes are considered single-family homes, they're taxed at a class rate of 1% as
• home parks where the homes are considered single-family homes, they're taxed at a class rate of 1% as
• home parks where the homes are considered single-family homes, they're taxed at a class rate of 1% as
• Homes are considered single-family homes, they're taxed at a class rate of 1% as a site-built home is