Video & Transcript : 'price estimates' :

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MN

Minnesota 2025-2026 Regular Session

Committee on Energy, Utilities, Environment and Climate - 02/25/26

Energy, Utilities, Environment, and Climate

Transcript Highlights:
  • So does this figure on estimated average bill include the transmission estimated increase in transmission
  • So does this figure on estimated average bill include the transmission estimated increase in transmission
  • So does this figure on estimated average bill include the transmission estimated increase in transmission
  • </c><00:16:10.000><c> average</c> does this figure on estimated average does this figure on estimated
  • </c> bill include the transmission estimated bill include the transmission estimated increase<00:16:13.839
Keywords: 1187, senate, all
CA

California 2025-2026 Regular Session

Joint Legislative Committee on Climate Change Policies Feb 23rd, 2026

Joint Legislative Committee on Climate Change Policies

Transcript Highlights:
  • mechanism, which avoids price spikes and helps keep costs low.
  • And so they're sort of assuming a kind of intermediate price.
  • see the prices jump up after that.
  • And as a result, we are seeing lower prices at auction and lower GGRF revenue. we are seeing lower prices
  • As allowance budgets decline, price volatility likely increases.
Summary: The committee heard an overview of CARB’s proposed amendments to California’s Cap-and-Invest program, implemented under AB 1207 and SB 840 after last year’s reauthorization through 2045. CARB said the draft rule changes are intended to support affordability, market certainty, and the state’s 2030 and 2045 climate targets, while also addressing offsets, utility allowance transfers, leakage protections for industry, and post-2030 allowance budgets. Members emphasized the importance of completing the rulemaking on schedule this spring so the changes can take effect by September 1, 2026. A major focus was how allowances are allocated among electric utilities, natural gas utilities, industry, and the Greenhouse Gas Reduction Fund. CARB explained that the proposal transfers natural gas utility allowances to electric utilities over time to support electrification and ratepayer protection, while maintaining free allowances for industry to reduce leakage risk and preserve in-state manufacturing and refining. Several members and panelists questioned whether the proposed utility changes could raise rates, whether the transition from gas to electric credits should happen faster, and whether the industrial allocation changes reduce climate credit and GGRF revenues more than necessary. CARB and panelists said they were open to additional data and comments, and noted that the proposal is still in public comment. The committee also discussed carbon capture, carbon removal, and refining. Members asked CARB to ensure that CCUS and CDR are clearly recognized as viable compliance pathways and to keep SB 905 rulemaking on track. On refining, members raised concerns about imported gasoline, leakage, and the need for better data on the carbon intensity of imported fuels; CARB said cap-and-invest applies to fuel suppliers at the rack, while life-cycle accounting issues are handled more through the Low Carbon Fuel Standard and related modeling. CARB said it is continuing technical work on those data tools. In the second panel, the LAO, IEMAC, EDF, and SCAPA representatives generally agreed that the program faces real tradeoffs between affordability, ambition, and leakage protection. The LAO and IEMAC stressed that the Legislature should scrutinize how CARB divides the allowance “pie,” since more free allocations to utilities or industry mean less revenue for GGRF. EDF argued the program could be somewhat more ambitious in the near term without harming affordability, while SCAPA said the proposal would reduce allowances for publicly owned utilities and could undermine early decarbonization investments and ratepayer benefits. No votes were taken during the hearing.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Thursday, March 19, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • Now gas prices are up 25% in two weeks.
  • medical care, diesel, energy prices, water prices are going up.
  • energy prices, water prices are going energy prices, water prices are going up.<02:20:16.720><c> Housing
  • </c><03:26:38.720><c> the</c> set that has by uh many estimates the set that has by uh many estimates
  • <c> outlays</c><03:51:00.479><c> by</c> Look, estimated share of outlays by Look, estimated share of
WA

Washington 2025-2026 Regular Session

Senate Business, Trade & Economic Development Feb 25th, 2026 at 08:00 am

Business, Trade & Economic Development

Transcript Highlights:
  • Substitute House Bill 2334, adjusting the price of a cash transaction to eliminate the need for pennies
  • The House bill authorizes sellers to round the total price of a cash transaction to the nearest five-cent
  • The Department of Licensing estimates $186,000 in one-time expenditures from the motor vehicle accounts
  • The House bill authorizes sellers to round the total price of a cash transaction to the nearest five-cent
  • The Department of Licensing estimates $186,000 in one-time expenditures from the motor vehicle accounts
Bills: HB1269 , HB2624
KY
Transcript Highlights:
  • estimated estimated 150<00:55:04.880><c> million</c><00:55:05.440><c> of</c><00:55:05.760><c> taxexempt
  • Uh Pike County, an estimated acquired.
  • </c> Bacon, which can also increase the price Bacon, which can also increase the price of<01:10:41.760
  • So, that's a lot my reasoning for looking at the price per unit.
  • So, that's a lot my reasoning for looking at the price per unit.
Summary: The committee first handled routine business, including roll call, approval of the July minutes, and several informational reports. Those reports included a University of Kentucky restricted-fund medical equipment purchase for Chandler Hospital, debt issues for five school districts, Eastern Kentucky University’s planned model laboratory school using construction management risk delivery, a Division of Real Properties lease advertisement, Kentucky Communications Network Authority quarterly project reports, and EKU asset preservation revisions. Members then heard and approved a new UK St. Clair Urgent Care Clinic lease in Morehead and an amendment expanding space for the UK Family and Community Medicine Clinic at Turflin Clinic. Testimony explained that both properties are privately owned, the Morehead lease predated the UK/St. Clair arrangement, and the Turflin Clinic is tight on space. The committee also approved three new projects and an appropriation increase: two Department of Military Affairs projects, a Window Ford Training Center underground electric project and a Williamsburg Readiness Center interior repair project, a Fish and Wildlife property acquisition adjoining Veterans Memorial Wildlife Management Area, and an $8.113 million increase for the Department of Revenue integrated tax system (DORIS). The DORIS increase was described as needed for change orders tied to legislation and to complete the unified tax system. The committee next reviewed no-action items, including a $3 million emergency flood-damage repair project for the Bush Building and Vest-Lindsay House in Frankfort, and three pool projects over $1 million: a Kentucky Correctional Institute for Women window replacement phase 2 project, a Department of Criminal Justice Training interior refurbishment at Thompson Hall, and the Muddy Gut Branch stream mitigation project in Johnson County. The flood project was confirmed to be fully reimbursed by insurance proceeds. Finally, the Kentucky Infrastructure Authority presented six loans and nine grants. Action items included water and sewer financing for Cumberland County, Lebanon, Northern Kentucky Water District, Lewisport, and Providence, plus a major Taylor Mill treatment plant project and several cleaner water grants and reallocations. Members asked about loan rates, local rate increases needed to repay debt, and the Providence emergency water interconnect; staff explained that Lewisport had begun a rate increase process, and that the Providence project would connect Webster County Water District and the city of Providence to stabilize pressure after a systemwide failure. All action items were approved.
AZ

Arizona 2026 Regular Session

02/03/2026 - House Natural Resources, Energy & Water

House Natural Resources, Energy & Water Committee of Reference

Transcript Highlights:
  • The price of gas is going up. It is volatile. ...of gas. The price of gas is going up.
  • We estimated it was about a $21 million impact.
  • We estimated it was about a $21 million impact.
  • And We're all for lower gas prices.
  • keep our prices just as low as we can.
Summary: The committee took up several energy, transportation, and land-use bills. HB 2428, dealing with county and ADEQ authority to issue voluntary permits certifying emission reduction credits for mobile and non-road sources, received neutral testimony from ADEQ and support from Maricopa County; the committee adopted the Griffin amendment and passed the bill 10-0 with a due pass recommendation. HB 2145, which expands who may request certain gasoline fuel reformulation actions and is contingent on EPA approval, also passed on a 5-4 vote after brief staff explanation and no amendment. The committee then considered HB 2331, a strike-everything amendment requiring electric utilities to ensure 85% of generating capacity serving retail load comes from “reliable resources” by 2030. Supporters, including the sponsor and Arizona Free Enterprise Club, argued it would protect affordability and grid reliability by favoring dispatchable power; opponents, including the Sierra Club and Rural Arizona Action, said it would effectively favor fossil fuels, raise costs, and limit cleaner resources. The committee adopted the amendment and passed the bill 6-4. HB 2795, which would bar counties from using zoning to block small modular reactors once federal permitting conditions are met, drew strong support from the sponsor and industry advocates who framed it as pro-property-rights and pro-nuclear, and opposition from county, city, and environmental groups who raised preemption, local control, safety, waste, and siting concerns; it passed 6-4. The committee also passed HB 2340, which allows the Power Plant and Transmission Line Siting Committee to evaluate proposed generating facilities along with transmission lines, on a 5-4 vote. HB 2400, an emergency measure to suspend the motor vehicle fuel tax in Areas A and C during part of the year and replace the lost revenue through state highway funding, drew opposition from cities and counties over transportation funding impacts but support from the sponsor and some members focused on gas affordability; the Griffin amendment was adopted and the bill passed 6-4. Finally, HB 2401 was introduced as a requirement for ADEQ to conduct a biennial review of available fuel formulations and their air-quality impacts in Areas A and C, but the transcript ends before testimony or action on that bill is completed.
MA
Transcript Highlights:
  • That is not a narrow pricing issue. It is a state-specific rate of payment operations.
  • To a system where a young guy can change the price of bananas when they go on sale.
  • The estimate is that it'll save about $38 billion in direct relief to merchants.
  • So let's talk about those and what price that's worth. And I'm a large retailer.
  • They never say the prices are going up because frankly the prices on interchange have been pretty flat
Keywords: 995, all
Summary: The Special Commission on the future of payments and sales transactions by credit card heard extensive testimony from credit union, banking, retail, restaurant, and payments-industry representatives about proposals to limit interchange fees, especially on the tax and tip portions of transactions. Several witnesses opposed state-level restrictions, arguing they would create a patchwork of rules, burden state-chartered institutions, raise compliance complexity, and ultimately reduce resources for fraud prevention, cybersecurity, rewards, and access to credit. Others, including retail and merchant advocates, said swipe fees are a significant and growing cost for small businesses and that states should consider reforms such as limiting fees on taxes and tips, allowing surcharging, improving transparency in merchant contracts, and studying collection costs more closely. Witnesses also discussed recent legal and regulatory developments, including Illinois’s interchange-fee law, OCC and NCUA interim rules, and the ongoing Visa/Mastercard antitrust settlement. Industry representatives said the Illinois law has been delayed and is likely preempted for most transactions, while merchant advocates argued the state efforts and court rulings show that networks and banks do not set fees competitively. The proposed antitrust settlement was described by some as a meaningful but limited merchant victory, with temporary fee reductions and expanded surcharge/steering rights, while others said it still falls short of structural reform. The commission members pressed witnesses on the practical effects of fees, the cost of cash, whether merchants can pass costs through, and whether small businesses are actually seeing benefits from the current system. Members repeatedly emphasized the need for a fair middle ground that protects both small businesses and the payment system. No substantive votes or policy actions were taken beyond accepting testimony, and the meeting ended with adjournment after all scheduled witnesses had spoken.
NH

New Hampshire 2025 Regular Session

House Ways and Means (03/18/2025)

Transcript Highlights:
  • </c> the ACP rate serves as a sealing price the ACP rate serves as a sealing price in<00:35:11.599><c
  • , and it helps bring down the price and therefore the price of compliance.
  • retail price of a car, is not a price anybody actually pays, so it is not cheaper by comparison.
  • retail price of a car, is not a price anybody actually pays, so it is not cheaper by comparison.
  • The state price is listed, and next to that is the price for the Messen, which is our primary vendor
Keywords: 928, house, all
Summary: The committee heard testimony on House Bill 224, which would redirect most money from New Hampshire’s renewable energy fund back to electric ratepayers. The bill sponsor argued the measure would lower energy costs, noting recent utility rate increases and estimating annual savings of roughly $2.5 million to $7.3 million for ratepayers. Supporters said the fund has accumulated money that should be returned to customers rather than used for subsidies, and they emphasized that the state has already rebated similar funds from RGGI for years. Opponents, including Rep. Kat McGee, argued the renewable energy fund is a successful, nonlapsing dedicated fund that supports local clean-energy projects, energy resilience, emissions reductions, and private investment. McGee said the fiscal note overstated the benefit of rebates and understated the loss of investment, claiming the average annual rebate would amount to less than $10 per customer while the program has helped leverage significant private dollars and nearly 10,000 projects. She urged the committee to reject the bill as a poor deal for the state and ratepayers. Committee members questioned the fiscal note, the size of the rebate, whether the bill would set a precedent for other dedicated funds, and whether the program’s incentives amount to picking winners and losers. The Department of Energy testified neutrally, explaining how the renewable energy fund works, including renewable energy credits, alternative compliance payments, and the fund’s use for renewable energy initiatives. No vote was taken in the portion of the hearing provided.
ID

Idaho 2026 Regular Session

Agenda Jan 22nd, 2026

Agricultural Affairs

Transcript Highlights:
  • Patterson, could you give me the current price of sugar beets and what the break-even price of sugar
  • That rate really is designed to be the price floor to ensure that prices are at a level where growers
  • Not adjusting for a rising price market.
  • Corn prices low, potato prices low, onion price is low, beet prices low.
  • Corn prices low, potato prices low, onion price is low, beet prices low.
Keywords: 989, all
NH

New Hampshire 2025 Regular Session

House Finance Division II (03/24/2025)

Transcript Highlights:
  • </c> developing the estimates of revenues. developing the estimates of revenues.
  • </c> doing for these scratch ticket prices? doing for these scratch ticket prices?
  • , estimates of enrollments, on estimates, estimates of enrollments, uh,<02:21:51.120><c> in</c><02:21
  • </c><03:52:11.439><c> here</c><03:52:11.600><c> in</c> estimates and our own estimates here in estimates
  • c> of</c> um the estimate the estimated rate of um the estimate the estimated rate of with<04:22:31.680
Keywords: 928, house, all
Summary: The committee met with Lottery Director Charlie McIntyre and Charitable Gaming Chief Compliance Officer Kulie Aoyo to review proposed changes in HB 2 and related amendments affecting video lottery terminals, historic horse racing, charitable gaming, and scratch tickets. McIntyre said the late-arriving amendment made revenue estimates difficult, especially because the bill would allow operators to decide when to convert from HHR to VLTs and would change the floor-space rules. He explained that the existing 70/30 floor-space split between machines and table games was negotiated to protect charity revenue, and warned that moving to a 90/10 split could reduce charity revenue, potentially by as much as $17 million, while also changing the character of the facilities. Committee members discussed whether to keep the 70/30 split, and McIntyre said he could provide updated estimates later that day, including net impacts after any offsetting gains or losses under current law. Members also asked about the governor’s proposed operator share versus the Sweeney amendment’s higher operator share. McIntyre said the governor’s 45% figure was based on his own estimate and on comparable rates in other states, and he supported it as a way to maximize revenue for the state and charities. He also described a change to high-stakes tournaments: after speaking with Rep. Sweeney, he said the amendment was clarified to apply only to those tournaments and would lower the house take from 10% to 5% to encourage participation in rare, high-buy-in events. The committee also discussed a separate proposal to raise the maximum scratch ticket price from $30 to $50; McIntyre said the change would take time to implement, would likely increase net state revenue by about $1 million in year two, and was consistent with pricing in neighboring states such as Massachusetts and Connecticut. Additional questions covered sports betting and a separate Kino-related estimate. McIntyre said March Madness is the busiest period for sports betting and that the state’s sports betting revenue has exceeded initial expectations. He also said he had estimated that removing a municipal-vote restriction for Kino could cost about $12 million total, with $2 million in the first year and $10 million thereafter. No formal votes were taken during the discussion; the chair indicated the committee would revisit the VLT amendment and other sections later, and McIntyre agreed to send updated revenue estimates to committee members.
NH

New Hampshire 2026 Regular Session

Senate Health and Human Services (01/14/2026)

Health and Human Services

Transcript Highlights:
  • </c> they're estimated and reported. they're estimated and reported.
  • Basically, spread pricing transfers the pricing risk from us to the PBM.
  • the pass-through pricing.
  • </c><01:58:34.000><c> when</c><01:58:34.320><c> prices</c> discretion in setting prices when prices discretion
  • </c> role in drug pricing. Everyone does. role in drug pricing.
Keywords: 1191, senate, all
US
Transcript Highlights:
  • I heard those same eggs talked about a lot last year under the Biden prices.
  • Because construction will slow down and prices will go up.
  • If we could reduce regulations, that would bring down the price of homes.
  • So for all of you who actually believe in lowering the price...
  • Yes, we have a point of order against the legislation of CBO estimates that would increase the price
WA

Washington 2025-2026 Regular Session

House Finance Feb 4th, 2026

Transcript Highlights:
  • Second, the farm equipment must have been acquired by an eligible farmer at a sales price of $10,000
  • Third, the farmer must have had gross sales, harvested value, or product estimated value of at least
  • These equipment items often have a sale price of hundreds of thousands of dollars.
  • These equipment items often have a sale price of hundreds of thousands of dollars.
  • They also estimate a tax shift of approximately $60 million in fiscal year 2028, the first full year
Summary: House Finance held public hearings on several tax and property-related bills. HB 2584 would create a sales and use tax exemption for qualifying farm machinery and equipment purchased by eligible farmers, with supporters arguing it would ease financial pressure on farmers, encourage investment in more efficient and environmentally friendly equipment, and help rural economies. County officials opposed extending the exemption to local sales taxes, warning of cumulative revenue losses for local governments. HB 2376 would consolidate the state school property tax levy and expand property tax relief for seniors, people with disabilities, and veterans by raising income thresholds, increasing exemption amounts, and simplifying the income calculation; county assessors and local officials supported the bill as a way to help residents age in place, while opponents argued it would raise taxes for others and weaken the 1% cap. HB 2610 would broaden the nonprofit homeownership development property tax exemption to allow limited interim rental or community use without losing the exemption, and testimony from affordable housing groups supported the change as a practical way to keep projects moving and reduce costs. HB 2615 would codify the Department of Revenue’s voluntary disclosure program and create a temporary tax amnesty period for certain unpaid business taxes; supporters said it would bring businesses into compliance and generate revenue, while one sponsor noted technical issues still needed to be resolved. In executive session, the committee advanced four bills. HB 2194, allowing a county and city within it to concurrently impose a cultural access program sales tax, passed 10-5. Substitute HB 2257, a broad tax code cleanup and technical changes bill, passed unanimously 15-0 after members said it clarified ambiguities from prior legislation. HB 2528, which would remove voter-approval requirements for certain cities to impose a local real estate excise tax, passed 11-4 despite objections that it reduced voter control over tax increases. HB 2175, exempting certain nonprofit providers of free durable medical equipment from sales tax on repair parts, also passed unanimously 15-0. The chair announced that HB 2584, HB 2610, and HB 2615 would be scheduled for executive action the following day, with no amendments allowed.
NH

New Hampshire 2025 Regular Session

House Finance (02/18/2025)

Transcript Highlights:
  • bill was described as one that would pay 7.5% of local retirement costs for certain employees, with a price
  • bill was described as one that would pay 7.5% of local retirement costs for certain employees, with a price
  • was the bill that would pay 7.5% of local retirement costs for certain employees, and asked what the price
  • The response clarified that the price tag was $28 million to $29 million per year.
  • </c><00:23:48.799><c> that</c> considering it in the estimates that considering it in the estimates that
Keywords: 928, house, all
Summary: The Finance Committee met on February 18 and retained several bills for possible inclusion in the budget. House Bill 97, appropriating funds to the Department of Environmental Services for wastewater infrastructure projects, was retained on a 21-0 vote. House Bill 197, which would have the state pay 7.5% of certain political subdivision employees’ retirement contributions at an estimated annual cost of $28 million to $29 million, was also retained unanimously. House Bill 246, creating the Conservation District Climate Resilience Grant Program with a small appropriation of about $50,000 per year for two years, was retained 22-0. House Bill 519, appropriating $500,000 annually to support the Waypoint Youth and Young Adult Shelter, was likewise retained 22-0. The committee then shifted to a broader budget discussion. Representative Maguire said the committee was facing a roughly $732 million gap between projected revenue and spending, based on preliminary Ways and Means figures and the governor’s budget. He noted that the governor’s plan included $81 million from the rainy day fund and $127 million from proposed slot machine revenue, while other potential obligations such as $150 million in YDC payments and prison down payments were not included. Members discussed how Ways and Means revenue estimates are based on current law, meaning proposals not yet enacted would not be counted in the official forecast. Members also asked about the relationship between the education funding committee and Finance, and were told that many education bills would likely come back to Finance after action in the other committee and on the floor. The chair and members discussed donor towns, swept funds, and the possibility of moving more information technology spending into the capital budget if appropriate. The meeting ended with agreement to let Division 2 head to education funding, and the committee adjourned.
TX

Texas 89th Regular

Intergovernmental Affairs Apr 15th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • the Texas Homelessness Network, estimate upwards of 62,000 homeless persons as of 2023.
  • of materials are rising, or let's say tariffs increase like we see today, so prices of materials are
  • So, let's say not only did prices of materials rise, but also labor costs rise.
  • Prices of materials rise.
  • A contract with an original price of five million or more may not be increased by more than 25%.
MN
Transcript Highlights:
  • The median income is not enough to afford the median-priced home.
  • It certainly isn't transparent, and it would be home buyers who are paying the price.
  • </c><00:13:40.360><c> a</c> available at a new starter home price a available at a new starter home price
  • In fact, our average purchase price of a home went up 60% in this past year.
  • </c> shortage with housing and home prices shortage with housing and home prices are<00:30:12.760><c>
Keywords: 919, house, all
Summary: The committee heard House File 1987, the Minnesota Starter Home Act, and first adopted the A1 author’s amendment, which made minor cleanup changes, removed sections two and three, adjusted ADU language, and tweaked density language. The bill authors described the measure as a bipartisan effort to address Minnesota’s housing shortage by allowing more starter homes, duplexes, townhomes, and accessory dwelling units, while also limiting some local zoning barriers and preserving city protections in certain sensitive areas. They emphasized that the state has a large housing gap, rising home prices, and that the bill is intended as one part of a broader housing package. Supportive testimony came from the Minnesota Chamber of Commerce, Housing First Minnesota, Habitat for Humanity, AARP Minnesota, and Americans for Prosperity. These witnesses argued that workforce and starter-home shortages are hurting families, employers, and economic growth; that restrictive zoning and lengthy approval processes raise costs; and that more middle housing and ADUs would expand options for older adults, caregivers, working families, and people seeking homeownership. Several supporters said the bill would reduce regulatory barriers, lower development costs, and help communities add needed housing supply. Opposition or cautionary testimony came from city and municipal representatives, including officials from Cambridge, Eagan, and Mankato, as well as the League of Minnesota Cities and related groups. They argued that local governments already are approving substantial housing growth and need flexibility to manage zoning, parking, infrastructure, stormwater, and community input. They warned the bill could weaken local control, remove practical standards, and create unintended impacts such as more rental conversion in some neighborhoods or development without adequate infrastructure. No final vote on the bill itself was shown in the transcript beyond adoption of the A1 amendment.
HI

Hawaii 2026 Regular Session

HSH Public Hearing - Thu Feb 5, 2026 @ 9:30 AM HST

Human Services & Homelessness

Transcript Highlights:
  • ><c> year</c><00:55:24.400><c> in</c> estimated about $43,000 a year in estimated about $43,000 a year
  • Um, HB 2458 relating to surveillance pricing. First up, we have DCCA.
  • The bill defines surveillance pricing as any customized price based in whole or in part on personally
  • </c><01:51:57.199><c> customized</c> surveillance pricing as any customized surveillance pricing as any
  • Um that's the average price medications.
Bills: HB2488 , HB2456
Summary: The committee heard testimony on HP 1972, which would create a nonrefundable family caregiver tax credit, and on a related tax measure to increase the existing dependent care tax credit. Supporters of HP 1972, including AARP, the Executive Office on Aging, the Hawaii Public Health Institute, Hawaii Children’s Action Network, and others, said unpaid caregivers are essential to keeping kūpuna and other loved ones at home and described significant out-of-pocket costs. The Department of Taxation and the Tax Foundation raised technical concerns, including the need to avoid overlap with existing credits and to prevent double-dipping. The department said taxpayers can claim credits to the extent allowed, but recommended explicit language barring the same costs from being claimed under more than one credit. No vote was taken in the excerpt, and the chair moved the bill along after questions. The committee then heard HP 1975, which would repeal the sunset on the state rent supplement program for kūpuna. AARP, Catholic Charities Hawaii, the Executive Office on Aging, and others supported making the program permanent, saying it helps low-income older adults avoid eviction and homelessness and allows them to remain in affordable housing. Catholic Charities described clients who were paying unsustainable shares of income for rent before receiving the supplement. Members also shared a constituent example of an elderly retiree who needed the subsidy to stay housed. Written support was noted from additional organizations and individuals. Next, the committee took up HB 1706, which would expand Medicaid prospective payment reimbursement to include mental health services furnished in federally qualified health centers and rural health clinics by mental health professionals under supervision. The Office of Hawaiian Affairs supported the bill, and DHS said it appreciated the intent to address workforce shortages and expand training, but cautioned that unlicensed professionals cannot currently bill Medicaid and that a state plan amendment would be needed, with limited precedent for approval. Members asked about the likelihood and timing of federal approval and whether the bill could help rural areas; DHS said approval is uncertain and the process can take time, though it saw possible alignment with the state’s rural health transformation efforts. The committee also discussed HB 546, a three-year health coverage continuity pilot program for people losing Medicaid coverage. DHS, the Attorney General’s office, DCCA, Catholic Charities, the University of Hawaii, and others testified, with DHS warning that federal changes could increase uninsured rates and that the state may need to act quickly. Catholic Charities and others emphasized the risk to Medicaid recipients, including homeless and near-elderly residents, while DHS explained the state’s existing premium assistance program for certain immigrants and compared it to the proposed pilot. The excerpt ends during discussion of that comparison, with no vote shown.
KY
Transcript Highlights:
  • :14:00.240><c> and</c><00:14:00.399><c> the</c> current estimate for that and the current estimate for
  • c> Kentucky</c> We estimate in northern Kentucky We estimate in northern Kentucky increased<00:49:26.880
  • </c> community of their choosing at a price community of their choosing at a price they<01:09:03.440>
  • </c> month of delay for permitting, the price month of delay for permitting, the price of<01:11:11.120
  • increase in home 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.
CA

California 2025-2026 Regular Session

Assembly Insurance Committee Jan 28th, 2026

Transcript Highlights:
  • And so they're coming to us because of price versus availability. Okay.
  • Some are reopening because they're getting new estimates from their contractors, and they want to come
  • Some are reopening because they've gotten new estimates from their contractors, and they want to come
  • We still have very, very few choices for our customers to get adequate coverage at an adequate price,
  • Because the price of insurance will skyrocket for everyone else in the state.
Summary: The Assembly Insurance Committee held an oversight hearing on the California Fair Plan, focusing on its rapid growth, financial stability, rate adequacy, and role in the homeowners insurance market. Committee members described the Fair Plan as increasingly functioning as a “safety net” rather than a true insurer of last resort, while Fair Plan representatives said the plan was created by statute, is privately funded by member insurers, and is now taking on more business because of non-renewals and limited availability in the admitted market. They emphasized that the plan offers residential and commercial coverage, but not a full HO-3 homeowners policy, and said expanding into that product would require major new staffing, vendor, and claims infrastructure. A major topic was pricing and assessments. Fair Plan officials said their rates have historically lagged their projected costs, especially because reinsurance costs were not fully recoverable in rates until recently. They reviewed recent filings, including a 2023 filing that was reduced from an estimated 80% need to a 35.8% request after working with the Department of Insurance. They also discussed the plan’s reinsurance tower, a new catastrophe bond, and the $1 billion assessment triggered by the 2025 Los Angeles fires after losses exceeded available capital. They said AB 226 helped secure a $600 million line of credit to reduce assessment risk, and they thanked lawmakers for supporting that measure. Members raised constituent concerns about coverage limits, underinsurance, and misinformation from agents. Fair Plan officials said they do not deny applicants because their homes exceed the plan’s $3.3 million limit; instead, policyholders can combine Fair Plan coverage with excess insurance. They said broker training and webinars are being expanded to address misunderstandings, and they noted that raising the cap would depend on achieving actuarially sound rates and sufficient financial capacity. Members also asked about smoke claims from the 2025 fires; the Fair Plan said it has paid covered smoke claims under California law, reviewed closed claims, and removed the “sight and smell” language from its policy form after litigation and CDI action. Public commenters from the insurance industry, builders, agriculture, and nonprofit service providers largely urged faster depopulation of the Fair Plan, more adequate rates, and reforms to the clearinghouse process. Some warned that the Fair Plan is now competing with the admitted market because it can be cheaper in some areas, while others said the plan is still essential because the private market is not serving high-risk or specialized properties. The hearing ended without a vote or formal action, but committee members and Fair Plan representatives agreed to continue working on rate, transparency, and depopulation issues.
NH

New Hampshire 2025 Regular Session

Senate Ways and Means (01/29/2025)

Ways and Means

Transcript Highlights:
  • The median sales price for family housing increased by 47% since 2020.
  • The median sales price for family housing increased by 47% since 2020.
  • The prices will just continue to grow. I concur with Jan DeMario.
  • ><01:28:53.360><c> 38,000</c> would in they they estimate about 38,000 would in they they estimate about
  • What's the price of a hunting license? Hunting license?
Keywords: 1191, senate, all