Video & Transcript Research : 'replacement cost value'
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CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation Apr 23rd, 2025
Transcript Highlights:
- We lose that timber value.
- What does it get replaced with?
- When the next replacement of a parallel fence is considered, the replacement cannot be combustible.
- Me, my brain goes to, if we have to replace everybody's roofs, replace everybody's windows, replace their
- When you replace your roof, you replace it with a class A roof.
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 54 May 7th, 2026 at 09:30 am
Oklahoma House Floor Meeting
Transcript Highlights:
- But as we learn to listen, our constituents feel valued. They feel appreciated.
- At much less cost to the individual teacher and provided as a benefit.
- and better manage what the cost is, versus just cutting us off at the knees.
- are so high, and Identifying specific, surgically pointed opportunities for cost management.
- Costs for providing healthcare to this population. Is it diabetes? Is it smoking? Is it COPD?
Bills:
SB1090, SJR49, SB633, HR1059, SB650, SB2063, SB122, SB1614, SB1884, SJR52, SJR53, HJR1101, SJR50, HB3021, HR1058, SB514, SB382, HB3320, SB740, SB833, SB2143, SB1209, SB244
Keywords:
wildlife, conservation, Oklahoma, regulations, permanent rules, Leo's Law, child endangerment, fentanyl testing, drug screening, child welfare, Oklahoma Children's Code, substance abuse, Asian/Pacific American Heritage Month, AAPI, Asian American, Pacific Islander, Oklahoma House resolution, commemorative resolution, heritage month, cultural recognition
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 25-after Call of the Chair Mar 16th, 2026 at 02:00 pm
Oklahoma House Floor Meeting
Transcript Highlights:
- authorization from the Oklahoma Turnpike Authority to build a bridge over the Arkansas River and replaces
- The word 'exception' has been removed, and 'suitable alternative' has replaced that word.
- For follow-up, so if the average cost of plugging wells is around $25,000 per well, the state already
- Yes, that is the average cost. Some of these may be more; some may be slightly less.
- equipment at a zero value after four years when there may be still considerable value in that.
Bills:
HR1038, HB3263, HB3127, HB2997, HB3115, HB2123, HB3587, HB3028, HB2035, HB3369, HB3620, HB3621, HB3622, HB3624, HB3175, HB3173, HB3178, HB1979, HB4476
Keywords:
Oklahoma Youth Expo, OYE, 4-H, FFA, agriculture, agricultural education, youth expo, livestock show, junior livestock, scholarships, youth leadership, Oklahoma City, rural communities, ag mechanics, engineering contest, farm youth, student recognition, ceremonial resolution, house resolution, livestock competition
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 25 Mar 16th, 2026 at 01:30 pm
Oklahoma House Floor Meeting
Bills:
HR1038, HB3263, HB3127, HB2997, HB3115, HB2123, HB3587, HB3028, HB2035, HB3369, HB3620, HB3621, HB3622, HB3624, HB3175, HB3173, HB3178, HB1979, HB4476
Keywords:
Oklahoma Youth Expo, OYE, 4-H, FFA, agriculture, agricultural education, youth expo, livestock show, junior livestock, scholarships, youth leadership, Oklahoma City, rural communities, ag mechanics, engineering contest, farm youth, student recognition, ceremonial resolution, house resolution, livestock competition
TX
Transcript Highlights:
- school costs.
- Both sides are faced with it becoming complicated in determining market value.
- I'd like to tell you that the cost of food has risen significantly over the past several years.
- Compliance costs will be lower for these merchants, and it also lowers the enforcement costs.
- But this bill gives you a direct way to help lower costs for consumers right here at home.
Bills:
SB1331, SB1375, SB1443, SB1578, SB2251, SB2519, SB2553, SB2655, SB2764, SB2907, SB3030, SB3033, SB3035, SB3036, SB3037, SB3043, SB3047, SB3050, SB3051, SB3056, SB3057, SB3063, HB9, HB467, HB331, HB1244, HB1399, HB2559, HB2730, HB3307, HJR1, HJR99, SB3048, SB3052, SB3053, SJR78, HB1327, HB2723, HB9, HJR1
Keywords:
civil service, firefighters, police officers, municipalities, local government, repeal, voter petition, health care, provider participation, continuation programs, population-based regulation, health care provider participation, Medicaid, hospital funding, voluntary compliance, mandatory payments, public health, healthcare program, county participation, nonpublic hospitals
TX
Transcript Highlights:
- By saying, here's a bond, here's the INS, this is how much it's going to cost you.
- But aren't we seeing significant increases in transportation project costs?
- I believe a 58% increase in inflation on construction project costs since 2020?
- Interest in interest costs and inflation.
- If there are large-scale costs, I mean, it's important to let the voters know.
Bills:
HB9, HJR1, SB1331, SB1375, SB1443, SB1578, SB2251, SB2519, SB2553, SB2655, SB2764, SB2907, SB3030, SB3033, SB3035, SB3036, SB3037, SB3043, SB3047, SB3050, SB3051, SB3056, SB3057, SB3063, HB9, HB467, HB331, HB1244, HB1399, HB2559, HB2730, HB3307, HJR1, HJR99, SB3048, SB3052, SB3053, SJR78, HB1327, HB2723
Keywords:
HB 9, Texas Tax Code, property tax, ad valorem tax, voter-approval tax rate, no-new-revenue tax rate, truth in taxation, local government finance, municipality, county, special taxing unit, sales and use tax, sales tax revenue, tax rate calculation, tax levy, maintenance and operations, debt rate, unused increment rate, disaster relief rate, taxing unit
TX
Transcript Highlights:
- It costs significantly more to replace a roof. rebuild a home, or repair a car than it did five years
- costs.
- Those are the total insured value, yes. Insured values, but.
- They're calculated based on the cost of replacing structures. in those particular counties or what?
- of labor, cost of materials, cost of everything are going up and that's exacerbated. about the fact
NM
New Mexico 2025 Regular Session
IC - Investments and Pensions Oversight Sep 12th, 2025
Investments & Pensions Oversight Committee
Transcript Highlights:
- coming in to replace them is the Zoomer generation, Gen Z.
- Stock values tend to be mean-reverting.
- , will replace our workforce.
- But if you do, they're showing significant replacement.
- It takes 2.1 children per woman to replace your population.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Monday, March 31, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- American energy potential unlocked, bringing down costs.
- AMERICAN ENERGY POTENTIAL UNLOCKED BRINGING DOWN COSTS. ONLY U.S.
- The value stolen has been approximately $1 billion.
- The value stolen has been approximately $1 billion.
- Many taxpayers are having their replacement checks and their replacement checks get stolen as well.
MN
Transcript Highlights:
- But the square footage cost and the cost of construction and the rising cost of everything is now pivoting
- were replaced with MQ1s. were replaced with MQ1s.
- Our built assets have a current replacement value of $4.36 billion, and stewardship of these assets,
- replacement value of $4.36 billion replacement value of $4.36 billion and<00:53:20.640>
stewardship - replaced in 2025. replaced in 2025.
Summary:
The committee first approved the March 3, 2026 minutes by voice vote. It then heard a presentation from the Minnesota Zoo on its aging facilities and bonding needs. Zoo staff highlighted the zoo’s economic and educational role, its 1.4 to 1.5 million annual visitors, and its Free to Explore program, while stressing that many of its 50-year-old buildings are in poor condition, with more than $78 million in backlog and safety concerns for visitors, staff, and animals. The zoo said the governor recommended $4 million for critical life-support systems and asked for an additional $6 million in asset preservation to renovate the original animal hospital building so a new hospital wing can function properly. Testimony emphasized that the renovation is necessary for staff space, storage, code compliance, asbestos removal, and safe animal care, and described recent injuries and close calls tied to outdated facilities.
Members asked questions about porcupine quills, natural predators, and the meaning of the zoo’s incident rate. Zoo staff explained that quills are not poisonous but are barbed and can be difficult to remove, and that predators include larger cats, owls, and fishers. On incidents, staff said they include close calls and injuries linked to aging infrastructure, such as a tiger reaching farther through a wall after fencing shifted over time, and staff injuries during animal procedures in older spaces. Members also confirmed that the hospital project has shifted from a standalone building to a wing attached to the existing hospital because of rising construction costs.
The committee then heard from Perpich Center for Arts Education. Perpich described its statewide role as both a public high school and an arts education resource center, serving students and educators across Minnesota. It said it hosted 313 events last year for nearly 2,000 educators and administrators and worked with 275 school districts across all 67 Senate districts. Perpich emphasized that nearly seven in 10 students rely on its residential programs because there are no comparable arts high school options in greater Minnesota, and noted strong student outcomes including a 100% graduation rate and national recognition as an exemplary school. For capital needs, Perpich said it received $1.26 million last year for HVAC and building automation work, is grateful for the governor’s recommended $1.3 million this year, and requested $6 million to create a secure, accessible main entrance and upgrade outdated restrooms to ADA compliance.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Labor and Workforce Development Jun 21st, 2026 at 11:00 am
Joint Committee on Labor and Workforce Development
Transcript Highlights:
- I struggle with the cost of rent as well as food.
- My fellow 509 members at Elliott struggle with the cost of child care and student loans.
- All of this... ...struggle with the cost of child care and student loans.
- We cannot be replaced, nor should we ever be replaced.
- We cannot be replaced, nor should we ever be replaced.
Summary:
The Joint Committee on Labor and Workforce Development held a hybrid hearing on legislation concerning unemployment insurance, non-compete agreements, prevailing wage, and minimum wage issues. Committee leaders outlined the hearing process, asked witnesses to keep oral testimony to three minutes, and invited written testimony through November 20. No votes were taken during the hearing; it ended with a motion to adjourn and notice of the next hearing on November 20.
Much of the testimony focused on bills to expand unemployment insurance for striking workers, including H. 2168 and S. 1319. Labor leaders, union members, and legal advocates argued that workers who are out on strike for more than 30 days should be able to receive UI benefits, saying the policy would help workers and families meet basic expenses, reduce employers’ ability to “wait out” strikes, and encourage good-faith bargaining. Speakers cited recent strikes, including the Republic Services strike, and said the proposal would not meaningfully increase strike activity or strain the UI trust fund.
Another major topic was minimum wage legislation, especially H. 2107/S. 1349 to raise the minimum wage to $20 by 2029 and index it to inflation, and H. 2191 to create a $25 enhanced care worker minimum wage. Supporters said current wages are not keeping pace with housing, food, and childcare costs, and that care workers, direct support staff, and human service employees face chronic vacancies, burnout, and turnover. Testimony also supported H. 2126 on prevailing wage by adding apprenticeship and training contributions to the wage calculation, and H. 2159 and S. 1363 on prevailing wage-related issues. One witness, Russell Beck, testified against S. 1336, which would ban non-competes, and against H. 2118, arguing Massachusetts’ current non-compete law is a balanced compromise that should not be disrupted.
MN
Transcript Highlights:
- Our built assets have a current replacement value of $4.36 billion.
- built assets have a current replacement built assets have a current replacement value<00:15:01.279
- It's a value of $4.36 billion.
- addition to or replacement of buildings. addition to or replacement of buildings.
- And it reduces our carbon costs.
NM
New Mexico 2025 Regular Session
IC - Economic and Rural Development Sep 4th, 2025
Economic & Rural Development & Policy Committee
Transcript Highlights:
- We are replacing them with Taco Bell jobs. We are replacing them with McDonald's.
- We are replacing them, and we have replaced them with service industry jobs.
- Part of these costs include costs from coerced and fraudulent debt, as well as medical costs, lost income
- and the cost of replicating similar services using conventional equipment by the value of various land
- It accesses often free or low cost, making their economic value difficult to quantify.
KY
Transcript Highlights:
- Um, a lot of dairy operations are greatly benefiting from the value of the non-replacement animals because
- The dairy operations are greatly benefiting from the value of the non-replacement animals because the
- What would replace something like glyphosate in our crop management and the increased cost of it?
- But there's no question land values<01:01:45.119>
and <01:01:45.359>cost <01:01:45.599>< - and cost are are hinders to doing values and cost are are hinders to doing that. that. that.
MN
Transcript Highlights:
- And lastly, the related cost.
- the bill and those are uh cost items. the bill and those are uh cost items.
- This is taxing value and data.
- highest child care costs in our country. highest child care costs in our country.
- You can go all the way to value.
FL
Florida 2025 Regular Session
October 8, 2025 - 10:30 AM
Transcript Highlights:
- IT DOES HAVE A COST BUT I DON'T HAVE SPECIFICS. >> Chair: FOLLOW UP. >> Rep.
- IS THAT PART OF YOUR VEHICLE REPLACEMENT PLAN? HAVE THOSE VEHICLES BEEN REPLACED?
- IF YOU DO GIVE US TELEMATICS THIS IS WHAT IT COSTS AND THIS IS THE PLAN.
- A LOT OF THE COST OF FLEET MANAGEMENT IS BURIED IN THESE DEPARTMENTS.
- IT ALSO HAS THE VALUE.
MN
Transcript Highlights:
- by six times the original value.
- by six times the original value.
- <00:33:07.039>
We're the cost goes to material. We're the cost goes to material. - /c><00:37:15.040>
of <00:37:15.280>the value the actual value um of the value the actual - <00:38:06.320>
is going down, but the assessed value is going down, but the assessed value
MN
Minnesota 2025 1st Special Session
Conference Committee on H.F. 2438 - Transportation Omnibus - 05/12/25
Transcript Highlights:
- Not just what it costs to build, but also to maintain, repair, and eventually replace.
- <01:08:00.640>
out value is um and get the best value out value is um and get the best value - So, yes, pavement costs at other costs.
- Cost-effectiveness ratio or life cycle cost analysis.
- <01:57:09.360>
costs future maintenance replacement costs future maintenance replacement costs
WA
Washington 2025-2026 Regular Session
Joint Oregon-Washington Legislative Action Committee Sep 15th, 2025
Joint Oregon-Washington Legislative Action Committee
Transcript Highlights:
- doing for cost estimates.
- But that includes mobility, cost effectiveness,... ...mobility, cost effectiveness, congestion relief
- And so we calculate our O&M costs.
- , and then operating costs.
- costs globally are on the rise.
Summary:
The committee met jointly with the Washington-Oregon Legislative Action Committee for an update on the Interstate 5 Bridge Replacement (IBR) program. Members first adopted the proposed committee rules, then received program updates from staff on environmental review, permitting, design, tribal consultation, and public engagement. Staff said the project remains in the supplemental EIS process, with a final supplemental EIS and amended record of decision expected in early 2026, which would allow construction to begin. They also described ongoing work on Coast Guard navigation clearance, Section 106 historic-property coordination, and architectural guidelines for the bridge and five-mile corridor, emphasizing that the visualizations shown were conceptual and that public and partner feedback has already influenced design considerations such as accessibility and shared-use path connections.
Members raised concerns about schedule delays, rising costs, and whether the project is being designed to be functional, safe, and economical. Staff acknowledged that the timeline has slipped from earlier expectations and said the delay reflects the complexity of the environmental and federal review process, as well as the need to avoid redoing steps. They said the updated cost estimate is being prepared now that design has advanced to roughly 30 percent, and that it will account for inflation, risk factors, and both fixed-span and movable-span options. Staff estimated a movable span would add more than $400 million and said the first construction work after environmental approval would likely be preliminary freeway and retaining-wall work in late 2026, followed by the bridge procurement.
The committee also received funding and tolling updates. Staff reported that major federal grants have been executed, including Mega and Bridge Investment Grant agreements, and that state STIP amendments are advancing to allow access to federal funds. The tolling team described Level 3 traffic-and-revenue work, a bi-state tolling subcommittee process, and possible toll scenarios aimed at supporting either about $1.24 billion or $1.6 billion in toll revenue. Members questioned low-income toll relief timing, truck toll rates, and the effect of tolls on freight users. Staff said low-income discounts are being analyzed for both revenue and operational feasibility, that tribal exemptions and other policy exemptions are under review, and that the commissions expect to move into public outreach on toll rates and policies in 2026, with tolling on the existing bridges currently projected to begin in spring 2027.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation May 13th, 2026
Transcript Highlights:
- , air fleet replacement, automobile insurance, and fuel costs.
- I'd like to focus on two things: inflation and costs, the real costs for the CHP.
- Though there are examples, And costs for the real costs for the CHP.
- We value motor vehicle, you know, the account, and we value X.
- We value MV, you know, motor vehicles, you know, count, and we value X.
Summary:
The committee first heard a DMV budget presentation on the state-to-state verification system required for Real ID compliance and the Digital Experience Platform (DXP) modernization project. DMV officials said the state-to-state system is a pointer-based exchange used when a person applies for a license in another state, with only limited identifying data shared initially and the full driver history sent only after a qualified request. Members raised concerns about privacy, possible misuse by other states or federal actors, notification to Californians, hacking, and whether California could detect or stop abusive access. DMV said it can monitor requests, see patterns of access, work with AAMVA and legal counsel, and seek to block or challenge misuse; LAO said California is in a difficult position and should consider guardrails rather than opt out. On DXP, DMV said the project is on its revised schedule and budget, occupational licensing is complete, vehicle registration is expected by the end of calendar year 2026, and the full system should be finished by fiscal year 2028-29, with phased rollout and reappropriated funding to keep costs controlled.
The committee then heard from the California High-Speed Rail Office of Inspector General on a trailer bill and AB 1608. The Inspector General said current law does not clearly authorize public reports or establish a framework for retaining and disclosing work papers, and the proposed trailer bill would create that framework while also adding authority to hire needed classifications and purchase goods and services. He also said the office needs a clearer statutory definition of “proposed agreements” and notice when the High-Speed Rail Authority is reviewing them, so the office can review contracts and related agreements effectively. LAO raised no concerns with the trailer bill language, and Finance said any amendments would come in the May revision.
Members debated the scope of confidentiality in the Inspector General proposal, especially whether reports could be held confidential when they identify weaknesses in fraud controls, security, or other vulnerabilities. The Inspector General said confidentiality would be temporary, tied to articulating the risk, reassessing it every 120 days, and releasing the report once the risk is no longer substantial; he also said the office had already published reports at its discretion and had found at least one procurement violation involving an amendment that added services not in the original contract. Several members pressed for stronger transparency and suggested time limits or broader disclosure, while others argued the bill would improve oversight and make the Inspector General’s authority clearer. No votes were taken during the discussion, and the item was left for further work on the trailer bill and AB 1608 language.