Video & Transcript : 'price estimates' :

Page 33 of 500
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Jan 20th, 2026 at 04:00 pm

Ways & Means

Transcript Highlights:
  • Over 25 years, they estimate it would take about $14 million in increased spending from the trust fund
  • The fiscal note on the bill estimates impacts at $80,000 in the two-year and $160,000 in the four-year
  • The fiscal impacts are estimated at $80,000 in the two-year and $160,000 in the four-year outlook.
  • The fiscal impacts are estimated at $80,000 on the two-year and a four-year impact of $160,000.
  • In 2024-25, Battleground's estimated $1.7 million gap in sub-benefits for classified staff and basic
Committee: Senate Ways & Means
MN
Transcript Highlights:
  • It's the 340B drug pricing program.
  • Uh and then prices are going up by 40%.
  • I'd never heard of it pricing program.
  • </c><00:05:06.080><c> on</c> we should be negotiating drug prices on we should be negotiating drug prices
  • There are lots of price of a new home.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Committee on Housing and Homelessness Prevention - 03/03/26

Housing and Homelessness Prevention

Transcript Highlights:
  • Price stability, a low and stable goals.
  • We see this when bidding wars push up home prices.
  • And that will drive up housing prices.
  • </c><00:07:36.960><c> point</c> building new housing at any price point building new housing at any price
  • Prices in the years is heading downward.
Keywords: 1187, senate, all
NM

New Mexico 2025 Regular Session

Senate Chamber Oct 2nd, 2025

New Mexico Senate Floor Meeting

Transcript Highlights:
  • So, four paragraphs up, we talk about the HCA estimates.
  • It's actually pulled from federal pharmaceutical estimates and medical cost estimates. Mr.
  • The real reason prices are going up is that we have a broken economy.
  • Prices are rising because the dollar is becoming worth less.
  • When you have more of a product, the price of that product goes down.
MN

Minnesota 2025-2026 Regular Session

Transportation committee approves HF5 1/22/25

Transcript Highlights:
  • </c><00:03:14.319><c> for</c> Revenue and it shows the estimates for Revenue and it shows the estimates
  • estimate is $45 million.
  • estimate is $55 million.
  • </c><00:13:04.079><c> for</c> Transportation Bill the estimate for Transportation Bill the estimate for
  • </c><00:13:32.000><c> was</c> and in physical 2027 the estimate was and in physical 2027 the estimate
Keywords: 1183, house
OK

Oklahoma 2026 Regular Session

Business Oct 23rd, 2025

Business

Transcript Highlights:
  • Um, you can expect modest price increases.
  • Um, you can expect modest price increases.
  • First, price increases. Yes, minimum wage does drive price increases, but these prices aren't huge.
  • But there is a price point. Once you hit that price point, our industry is very sensitive to that.
  • But there is a price point once you hit that price point. you're Our industry is very sensitive to that
Committee: House Business
Summary: The committee held a study on the potential effects of living wage or minimum wage laws in Oklahoma, with the chair emphasizing that the discussion was not intended to advocate for or against State Question 832. The first panel focused on economic and workforce impacts. An Oklahoma Department of Commerce representative argued that living wage calculations vary by region and household type, that Oklahoma’s average wages are already near or above many living-wage estimates, and that higher mandated wages could lead employers to cut hours, reduce hiring, automate, or avoid expansion, especially in rural areas where childcare, healthcare, broadband, and infrastructure constraints also affect labor participation. Committee members asked about wage distributions, rural cost differences, training pathways, and whether higher wages might draw workers or businesses out of state; the witness said many low-wage workers move up over time and that Oklahoma has seen net in-migration. A State Chamber Research Foundation witness then testified that a $15 statewide wage floor would raise payroll costs substantially, especially for small rural employers, and cited examples from California and Seattle to argue that higher wages can reduce hours, jobs, and benefits while increasing consumer prices. She suggested alternatives such as expanding the state earned income tax credit and promoting upskilling through existing education and training programs. A Missouri Chamber of Commerce and Industry representative described Missouri’s recent voter-approved minimum wage increase to $13.75, rising to $15, along with paid sick leave provisions. She said the chamber opposed the measure because it would raise business costs, hurt rural communities and youth employment, and force some employers to cut hours, reduce hiring, or close. She cited examples from Missouri businesses facing significant added costs and warned that a future ballot initiative could create a patchwork of local minimum wages. In response to questions, she said Missouri’s law did not distinguish by age or industry, that businesses had raised concerns about union contracts and compliance, and that the chamber viewed the measure as harmful to competitiveness. Peter Hansen of NFIB presented the final major testimony, summarizing an NFIB study projecting that a higher Oklahoma minimum wage would produce some short-term GDP gains but longer-term losses, with GDP turning negative by the early 2030s and job losses growing over time. He said businesses respond to higher wage mandates by raising prices, trimming jobs, converting full-time positions to part-time, reducing benefits, and shifting investment toward automation or other capital. He argued that the burden falls most heavily on vulnerable workers such as young or marginal employees, who are less likely to be hired when labor costs rise. In questioning, he acknowledged that higher wages can improve pay for some workers and may have some short-term positive effects, but maintained that the long-term employment and investment effects are negative. No votes or formal actions were taken in the meeting.
CA
Transcript Highlights:
  • The proposal reflects the current estimate of utilization that individuals are obtaining.
  • We have some estimates of the share overall of the Medi-Cal population that works.
  • and contributing to California's high gasoline prices.
  • are taxed, they have to raise prices in order to cover their losses or their taxes as well.
  • Their equipment should be replaced with reasonably priced equipment.
Summary: The Senate Budget and Fiscal Review Committee heard AB 109, the Budget Act of 2026, as the main item. Committee leaders described the legislative budget agreement as a balanced two-year plan with about $355.9 billion in total spending, $253 billion from the General Fund, and $36.5 billion in reserves. The Legislative Analyst and Department of Finance said the package assumes about $5.5 billion in higher revenues than the May Revision and uses those resources for a mix of spending changes, including higher Proposition 98 support, additional child care slots, housing and homelessness funding, delayed Medi-Cal reductions, and added support for counties, public hospitals, and distressed hospitals. The administration said the plan resembles the May Revision’s overall structure but includes new spending and revenue assumptions, and members noted that separate revenue trailer bills would be heard later in the week. Much of the committee discussion focused on Medi-Cal, H.R. 1, and the impact on immigrants, low-income workers, counties, and hospitals. Several senators criticized the budget for locking in savings from delayed or reduced Medi-Cal coverage and for not including a mechanism to restore eligibility, while administration and LAO staff said the package delays some reductions but does not automatically reinstate coverage. Finance staff said roughly 1.5 million to 2 million people with unsatisfactory immigration status would move from managed care to fee-for-service, with coverage largely unchanged except for certain services not federally allowed. Members also discussed county administrative funding, indigent care, public hospital support, and the expected rise in uncompensated care. Other topics included In-Home Supportive Services, child care, homelessness funding, Prop. 36, courthouse construction and new judgeships, transit and cap-and-invest/GGRF funding, local journalism, and workforce or reentry programs. Committee members split along party lines in their comments. Democratic members generally supported the agreement as a difficult but responsible compromise that protects core services, preserves reserves, and makes targeted investments in education, housing, health care, and justice system capacity. Republican members argued the budget relies on unrealistic revenue assumptions, does not sufficiently reduce spending, and includes costly policy choices and tax increases. Public testimony largely came from advocates and stakeholders who supported IHSS, Medi-Cal, child care, domestic violence services, hospitals, transit, and other programs, while some business and health plan representatives raised concerns about tax proposals and the shift from managed care to fee-for-service. The chair then moved the committee to public comment and indicated that the revenue bills would return later in the week; no final vote on AB 109 is reflected in the portion provided.
TX

Texas 89th Regular

Natural Resources Apr 24th, 2025

Natural Resources

Transcript Highlights:
  • Fowler, one of the things that I... ...is the requirement for the board to maintain the total estimated
  • , as well as the estimated state funding required to address those needs.
  • So how should the state be charging the board with tracking this estimate for this...?
  • The same thing happens with their estimated costs and how it grew.
  • We are seeing prices creep up, and it's just something that's unavoidable.
Bills: SB7
HI

Hawaii 2025 Regular Session

JDC-AEN Informational Briefing 10-16-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • Um, of these grants, I'm going to estimate the loss at $22 million.
  • This is just an estimate. Um, but that would be another $5 million a month.
  • Um DHS is estimating that this could 1.
  • Um, so even if we just estimate, job.
  • This is just an estimate. we don't know. This is just an estimate.
Keywords: 912, senate, all
Summary: The joint informational briefing focused on how federal policy changes, tariffs, funding cuts, the federal shutdown, and delays in the farm bill are affecting Hawaii agriculture and food access. Opening remarks emphasized Hawaii’s heavy dependence on imported food and farm inputs, the state’s vulnerability to disruptions in USDA services, and the need for stronger state, county, and community coordination. Speakers also noted that immigration enforcement and broader global supply-chain pressures can affect local farm labor, production, and food availability. Sharon Herd, chair of the Department of Agriculture and Biosecurity, described both positive and negative federal impacts. She said Hawaii has benefited from some recurring grants and a large new $8.8 million federal grant, but also reported about $22 million in losses from suspended or terminated grants, including farm-to-school and water-related projects. She said some USDA programs, such as microgrants for food security and FISMIP, are currently suspended, while the specialty crop block grant remains active. She also said Hawaii farms declined from 7,328 to 6,569 between the 2017 and 2022 censuses and argued the state cannot rely on imports alone to feed its people. Amanda Shaw of Agriculture Stewardship Hawaii presented findings from federal funding cut reports. She said the first report, in March, identified about $88 million in potential cuts, and the newer report found $64.7 million in confirmed cuts and about $175 million in potential cuts. She said federal shifts are creating uncertainty for farmers, food-system organizations, and school and community food programs, and noted that 4,000 to 5,000 Hawaii farmers could receive less money because of changes to payment-factor provisions for socially disadvantaged farmers. She also said Hawaii has lost 18% of local USDA staff since September 2024, with possible further national reductions expected. No votes were taken; the meeting was informational only, and the chair noted that any legal questions, including the reported SNAP changes, would be for the Judiciary Committee to assess later.
HI

Hawaii 2026 Regular Session

WAM Informational Briefing 01-07-2026

Hawaii Senate Floor Meeting

Transcript Highlights:
  • So, it's extremely hard to estimate.
  • </c> at other sources of data consumer prices at other sources of data consumer prices for example<00
  • Consumer Price Index because we have Consumer Price Index because we have that<01:17:03.199><c> data<
  • Uh most estimates uh pass through.
  • </c> a a price index. a a price index.
Keywords: 912, senate, all
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/18/26

Taxes

Transcript Highlights:
  • So, what I mean by that is<00:14:15.079><c> absolutely</c><00:14:16.079><c> prices</c><00:14:16.680><
  • </c> market power drives prices. market power drives prices.
  • </c><00:37:01.960><c> growth</c> between price growth between price growth and<00:37:03.400><c> input
  • <00:59:20.080><c> $1.7</c> estimated $1.7 estimated $1.7 billion<00:59:22.600><c> over</c><00:59:23.680
  • </c><00:59:33.880><c> increases</c><00:59:34.880><c> in</c> due to estimated increases in due to estimated
Bills: HF4343
Committee: House Taxes
TX

Texas 89th Regular

Finance (Part I) Jan 28th, 2025

Finance

Transcript Highlights:
  • This is estimated to be a loss of $40.5 million to the account across the biennium.
  • Page eight is just the chart showing the estimated balances and revenue.
  • **Michelle Price**: Good morning. My name is Michelle Price. I'm the Chief Financial...
  • **Michelle Price**: Good morning. My name is **Michelle Price**.
  • **Michelle Price**: ...And it appears, in reversing it, that they've cut our budget by **$38 million*
Bills: SB 1
Committee: Senate Finance
Summary: The meeting focused on the budget recommendations for the Office of the Attorney General (OAG), where key issues included the proposed decrease of $163.9 million for the 2024-25 biennium and various methodology swaps for funding. Attorney General Paxton discussed ongoing litigation expenditures and emphasized the need for continued investments in agency staffing to address rising demands within law enforcement. Notably, he requested a 6% salary increase for 2026 and 2027 to retain talented personnel amidst competitive job markets. Public testimony highlighted community awareness challenges regarding the Landowner's Compensation Program, indicating a need for enhanced outreach efforts.
AR
Transcript Highlights:
  • And today I'm here to talk about the Consumer Price Index estimates that we have.
  • Those estimates are provided by Moody's Analytics and S&P Global.
  • And as we have those fluctuations, those estimates that we have here would be underestimating generally
  • And then similarly with these free-reduced-price lunch quintiles, And then similarly with these free-reduced-price
  • And then you can see that breakout for free or reduced-price lunch students and then minority student
Keywords: 1204, all
WA

Washington 2025-2026 Regular Session

House Environment & Energy Jan 13th, 2026

Transcript Highlights:
  • . ...sign of more credits being needed in the program to stabilize prices.
  • It demands managing price volatility. Large fuel companies can absorb those costs.
  • Why is, in this case, my question, why in this case is price an issue when it wasn't back then?
  • So the prices will go down, just like any other industry.
  • Demand drives prices when we don't have the energy facilities to meet that demand.
Summary: The committee heard testimony on several bills. House Bill 2272 would update state park inspection language for ski lifts and related equipment to better match current equipment and federal standards; the sponsor and State Parks said it was a simple modernization bill, and there was no opposition. House Bill 2245 would expand Clean Energy Transformation Act coverage to port districts that distribute electricity, utilities with a single customer, and certain affected market customers such as data centers; supporters said it closes loopholes and applies clean-energy rules more fairly, while ports, business groups, and some utilities warned of unintended consequences, added reporting burdens, and impacts on cogeneration and rural economic development. Ecology and Commerce supported the goal but raised concerns about allowance allocation, fiscal impacts, and possible double counting, and WAPUDA asked that existing single-customer PUDs be grandfathered. House Bill 2215 would lower Climate Commitment Act thresholds for gasoline, diesel, biodiesel, and propane suppliers and extend coverage to some purchasers; supporters said it would prevent entities from gaming the system and cover significant emissions now below the threshold, while Ecology, fuel distributors, propane suppliers, grocers, and business groups warned of compliance costs, supply-chain impacts, possible linkage issues, and the need to preserve existing reporting authority for natural gas. Ecology estimated about 50 additional covered entities could be brought in, and several opponents argued the bill would sweep in small family-owned businesses not intended to be regulated. House Bill 2090 would direct Commerce to develop a nuclear strategic framework for inclusion in the state energy strategy, contingent on outside funding. The sponsor and supporters argued the bill is only a planning measure to ensure Washington considers advanced nuclear as a firm, low-carbon, small-footprint resource amid rising demand, grid constraints, and land-use concerns; supporters included Energy Northwest, local governments, labor/environmental Democrats, and pro-nuclear groups. Opponents, including the Sierra Club, Columbia Riverkeeper, tribal representatives from the Confederated Tribes of the Umatilla Indian Reservation, and several environmental advocates, said the bill gives nuclear special treatment, relies on private funding that could bias the study, and risks advancing projects at Hanford without early, meaningful tribal consultation. Tribes requested explicit consultation, independent and publicly funded analysis, and attention to treaty rights and historic nuclear impacts. Testimony also sharply divided over cost, waste, and land use, with supporters emphasizing reliability and footprint and opponents citing high costs, unresolved waste disposal, and the immaturity of small modular reactors. No votes or final actions were taken in the hearing.
CA

California 2025-2026 Regular Session

Assembly Banking and Finance Committee Apr 21st, 2025

Banking and Finance

Transcript Highlights:
  • So as prices go up, more gets collected in fees.
  • whereas the consumer price index went up by about 4%, half as much.
  • They did so again; inflation caused the producer price index to go up 9%, but the consumer price index
  • Your gas station puts their prices up on the sign outside.
  • The Office of the Treasurer estimates implementation costs much less.
Keywords: 988, house, all
FL

Florida 2025 Regular Session

April 2, 2025 - 09:00 AM

Transcript Highlights:
  • Follow-up. drives down prices. Follow-up? Thank you for that.
  • Spot is the price of gold.
  • The bill is estimated to save taxpayers a total of almost $5.5 billion every year.
  • The bill is estimated to save taxpayers a total of almost $5.5 billion every year.
  • line item on the receipt that is the price of the product?
Summary: The Ways and Means Committee met on April 2, 2025, with a quorum present and took up four bills. The committee first heard HB 4041, which would create the Corkscrew Grove Stewardship District in Collier County to finance and maintain infrastructure such as transportation, utilities, and stormwater systems without changing county regulatory authority. The bill drew no opposition, was reported favorably, and passed 14-0. The committee then considered HB 1485, which repeals Florida’s aviation fuel tax provisions. The sponsor argued the change would simplify the tax code, attract airline investment, and support lower fares and more routes. Members raised concerns about the estimated recurring $22.8 million impact on the State Transportation Trust Fund and $2 million on general revenue, and airport representatives warned of reduced grant and development funding, especially for general aviation and municipal airports. Supporters said the change would increase competition and fuel sales in Florida. The bill was reported favorably on a 12-5 vote. Next, the committee heard HB 999, which would recognize gold and silver as legal tender, allow electronic debit access to bullion accounts, and remove tax burdens on transactions involving precious metals. The sponsor and supporters described the bill as a way to protect purchasing power and provide an alternative parallel to the dollar, while opponents and some members raised concerns about consumer protections, predatory practices, privacy, and the role of the Office of Financial Regulation in rulemaking. After extensive testimony, the bill was reported favorably 19-0. Finally, the committee considered PCB WMC 25-01, which would reduce the state sales tax rate from 6% to 5.25% and also lower several related taxes, including the business rent tax, nonresidential electricity tax, mobile home sales tax, and coin-operated amusement machine tax. The proposal was estimated to reduce revenue by about $5.5 billion annually. Members discussed impacts on the budget, education funding, and whether savings would reach consumers, while supporters emphasized relief for Floridians and business competitiveness. The bill passed unanimously 19-0 and was reported favorably. The chair then noted a prior procedural apology on the record, and the meeting adjourned.
CA
Transcript Highlights:
  • And in California, that has a financial price tag on top of the emotional price tag that it plays on
  • This is an estimate.
  • It's not related to consumer price index or costs.
  • currently estimated at $8.8 million.
  • That is what we based our budget estimates on.
Summary: The subcommittee opened with remarks on the state budget and K-12 education, noting the large increase in the Proposition 98 minimum guarantee, the use of deferrals and reserves in the prior budget, and the challenge of balancing education funding against other state priorities. Superintendent Tony Thurmond described California education as improving overall, citing gains in test scores, graduation, and college readiness, but said major gaps remain for low-income students, students of color, agricultural communities, English learners, foster youth, and students with disabilities. He praised recent investments in universal meals, transitional kindergarten, community schools, arts, broadband, and special education, while warning that declining enrollment, chronic absenteeism, and the proposed $5.6 billion Prop. 98 settle-up create uncertainty for districts. He also urged a long-term literacy plan, expanded tutoring, universal kindergarten, and continued protections for students and families affected by immigration enforcement, including ICE-related fear and attendance loss. The committee then heard a detailed presentation on Proposition 98 from the Department of Finance and the Legislative Analyst’s Office. Finance explained that the Governor’s budget projects the minimum guarantee will rise by about $21.7 billion over three years, with a $5.6 billion settle-up obligation in 2025-26 intended to avoid overappropriation if revenues weaken. Finance also described revised reserve deposits and withdrawals, ending with about $4.1 billion in the Public School System Stabilization Account by 2026-27. The LAO said recent revenue collections were stronger than expected in the current year but warned that the outlook for 2026-27 is weaker and that stock-market-driven revenues remain volatile. The LAO supported maintaining reserves and one-time spending buffers, but recommended fully funding the guarantee and using other budget solutions rather than shifting the settle-up into future deficits. Members asked about the settle-up process, certification timeline, the effect of attendance declines tied to immigration enforcement, and wildfire-related impacts, including Pasadena Unified’s $4 million special appropriation. On LCFF and necessary small schools, Finance proposed a 2.41% COLA and about $2.2 billion in additional LCFF funding for districts and charters in 2026-27, plus a $30.7 million ongoing increase to raise the necessary small schools allowance by 20%. The LAO supported funding the COLA but said the small-school increase was not tied to a specific cost study and could be redesigned to better target small districts, noting that only a fraction of very small districts would benefit. Questions focused on how small schools access supplemental and concentration grants and how attendance recovery programs are being implemented. The Department of Education said only 130 LEAs had reported attendance recovery so far, likely because it is a new program with compliance requirements, though interest appears to be growing. FICMAT then reviewed the fiscal health of local districts, reporting an uptick in qualified and negative certifications, though still far below Great Recession levels. It said declining enrollment, rising special education costs, and higher labor and insurance costs are the biggest fiscal pressures, and that some districts are using fiscal stabilization plans and staff reductions ahead of second interim reports. FICMAT also discussed wildfire impacts on Pasadena Unified and Los Angeles Unified, explaining that Pasadena’s $4 million state appropriation was based on an early post-fire assessment and that the district is being monitored with the county office of education. Members raised concerns about Pasadena’s leadership, special education staffing shortages, AB 218 sexual abuse litigation costs, insurance premium increases, and the need for stronger prevention and training measures. FICMAT said SB 848 and related policies address some of those concerns by strengthening standards, training, and reporting requirements.
NM

New Mexico 2025 Regular Session

IC - Legislative Finance May 14th, 2025

Transcript Highlights:
  • firms to analyze construction documents and estimates.
  • The system design exceeds reasonable estimates by $1.3 million.
  • If they bid that project to design it at a certain price, they should have stayed to that price, unless
  • We got a construction estimator with it and until you read their estimates and really divulge into where
  • We expect, as of two weeks ago, estimated completion on that is June.
KY
Transcript Highlights:
  • But this doesn't have anything to do with the price of eggs.
  • It just was something the price of eggs.
  • came in under the estimate.
  • And so when it comes under the estimate.
  • </c><00:48:30.480><c> and</c><00:48:30.720><c> it's</c> in under the estimate and it's in under the estimate
Keywords: 958, all
Summary: The Budget Review Subcommittee on Transportation met with a quorum, approved the June 3, 2026 minutes, and then heard a presentation from Mike Proctor of Evolve Kentucky on electric vehicles and charging infrastructure. Proctor described Evolve Kentucky as a nonprofit formed in 2016 to promote EV adoption and charger deployment, said the group has helped place more than 135 chargers at 65 locations, and reported that Kentucky EV registrations have grown rapidly but still represent about 1% of the state’s roughly 3 million vehicles. He also outlined the group’s view that EV drivers and charger operators already contribute to state revenue through annual vehicle fees, charger taxes, utility taxes, and related business taxes, and cited figures showing rising revenue collections as EV adoption increases. A major theme of the presentation was that EV owners are paying their “fair share” rather than being overcharged. Proctor said the current $126 annual EV fee is roughly comparable to the fuel tax a typical gasoline vehicle would pay, and noted that public charging can add additional tax burdens for drivers who cannot charge at home, such as those living in apartments or condos. He also argued that EVs provide broader benefits, including lower noise and air pollution, grid-stabilizing nighttime charging, tourism spending at destination chargers, and reduced road wear for passenger EVs compared with much heavier vehicles. Members questioned Proctor about whether EV owners are paying more than their fair share, how the fee compares with gasoline taxes, and whether apartment and condo residents are disproportionately affected because they rely on public chargers. Proctor responded that the fee was intended to bring EV owners into parity with gas vehicles, not to overcharge them, and said some public chargers are free while others are used by drivers who cannot charge at home. No additional votes or formal actions were taken beyond the minutes approval.
AL

Alabama 2026 Regular Session

Alabama Senate Finance and Taxation General Fund Committee Feb 25th, 2026

Finance and Taxation General Fund

Transcript Highlights:
  • Senator Price? Here. Senator Shelnutt? Here. Senator Stewart? Senator Stewart? Senator Stutts?
  • Senator Price? Aye. Senator Shelnutt? Aye. Senator Stewart? Senator Studstill? Senator Weaver?
  • ><00:25:29.040><c> state</c><00:25:29.680><c> because</c> estimate total for the state because estimate
  • </c> Senator Price Senator Price &gt;&gt; Hi.
  • ;&gt; Senator Orr, Senator Price &gt;&gt; Senator Orr, Senator Price &gt;&gt; Hi.
Bills: HB91 , HB95 , HB255 , HB318 , HB91 , HB95 , HB255 , HB318