Transcript Highlights:

• So that's based upon their appraised value also, with an appraised value.
• So that's based upon their praise value also. with a praise value.
• So that's based upon the appraised value also.
• And again, because you lose the value.
• And oftentimes it'll be over 150% market value.

Committee: House Special Committee on Rural Issues

Keywords: 959, house, all

Transcript Highlights:

• And so, it is unique, and I think people really see the value and have seen the value of this program
• And so, it is unique, and I think people really see the value and have seen the value of this program
• And so, it is unique, and I think people really see the value and have seen the value of this program
• And so, it is unique, and I think people really see the value and have seen the value of this program
• And so, it is unique, and I think people really see the value and have seen the value of this program

Keywords: 918, senate, all

Summary: The interview focused on the senator’s long career in the fire service and his legislative work on firefighter health and well-being. He described serving as a firefighter and fire marshal in St. Cloud, later as White Park’s only full-time firefighter, and also as a volunteer, EMT, captain, and fire chief in Rockville. He said those experiences made him familiar with occupational hazards faced by firefighters, including cancer, cardiac disease, and psychological trauma. A major topic was the Hometown Heroes assistance program, which he helped advance. He said the program covers about 20,000 Minnesota firefighters, including career, paid-on-call, and volunteer personnel, and provides training on cancer awareness, cardiac disease, and emotional trauma, along with counseling and financial assistance for qualifying occupational illnesses. He said the program can provide up to $20,000 in payments depending on the condition, offers up to five free counseling sessions per year, and has paid out about $5.7 million to fewer than 600 firefighters. He also said the program is funded by a $4 million annual appropriation and a separate insurance policy, and that it is managed through the Department of Public Safety and MinFIRE. The senator addressed a 2023 Legislative Auditor report that found management problems in the program, saying he contacted MinFIRE immediately and that the issues were largely a communication disconnect and a double payment of about $2,300, which was corrected. He said the auditor later confirmed the problems had been fixed. He noted that the latest bill received unanimous bipartisan support in both chambers, which he attributed to broad recognition of the program’s value for retention, recruitment, and support for firefighters and their families. He also said he would like to explore extending similar support to retired firefighters and possibly peace officers. The interview ended with him reflecting on his public service career and saying he plans to retire after 14 years in the Senate to spend more time with family and travel.

Transcript Highlights:

• What is the book value of get to.
• value of that interest?
• </c> I can't speak to the fair market value. I can't speak to the fair market value.
• </c> to address the fair market value to address the fair market value question?
• ,</c> measure things in fair market value, measure things in fair market value, right?

Keywords: Meeting Start 00:00:00 Attendance Roll Call 00:01:28 Introduction of Guests 00:02:08 American Electric Power and Kentucky Power Presentation 00:03:31 SB 89 Discussion 00:53:55 SB 89 Roll Call Vote 01:07:46, 958, all

Summary: The committee met for an initial natural resources hearing with a quorum present and introductory housekeeping, including prayer, roll call, and recognition of guests. Chair Smith outlined ground rules for questions and then invited Kentucky Power and American Electric Power representatives to the table to discuss a proposed plan involving the Mitchell Power Plant and future generation needs in Eastern Kentucky. Witnesses Cindy Wiseman, Alex Vaughn, and AEP CEO Bill Fehrman said the company’s goals are to stabilize and lower rates, reduce rate volatility, and expand generation in the Commonwealth. They explained that Kentucky Power seeks legislative authority to securitize its 50% interest in the Mitchell coal plant, describing securitization as a refinancing mechanism that would lower annual plant costs by about $34 million and help offset roughly one-third of the expected cost of adding new generation in Kentucky. They emphasized that the proposal is not intended to close Mitchell, and said Kentucky Power currently has no plan to divest its interest; the company still needs the plant to serve customers while it pursues additional dispatchable generation in Kentucky. Members pressed the witnesses on the plant’s book value versus fair market value, whether the Mitchell interest had ever been assigned a nominal value, how any divestiture proceeds would be handled, whether Kentucky Power owns Wheeling Power, and how long Mitchell can continue operating. The company said it values Mitchell at net book value for accounting purposes, not fair market value, and explained that Wheeling Power is a separate AEP affiliate and that West Virginia affiliates have already proposed securitization of their share. Witnesses said Kentucky Power’s interest cannot technically operate past 2028 without additional environmental control investment, while the West Virginia side is depreciating through 2040. They also described the financing timeline, saying securitization would require enactment of legislation, a PSC financing order, bond issuance, and then parallel work to acquire or build new generation, with any reinvestment terms to be addressed through the regulatory process.

Transcript Highlights:

• 00:25:16.480><c> motor</c> repair or maintenance uh for motor repair or maintenance uh for motor vehicles
• to</c><00:25:17.520><c> assist</c><00:25:17.960><c> eligible</c><00:25:18.400><c> individuals</c> vehicles
• to assist eligible individuals vehicles to assist eligible individuals obtain<00:25:19.800><c> and</
• argue that this is germane as it moves registration fees for ATVs over 2,000 lb from the off-road vehicle
• </c> 2,000 lb from the off-road vehicle 2,000 lb from the off-road vehicle account<01:52:18.760><c> to

Keywords: 1187, senate, all

Transcript Highlights:

• He said parents and families are making decisions based on what they value.
• He said this is a matter of values: what do we value in all children?
• </c> and I think this is a matter of values and I think this is a matter of values what<01:02:06.520>
• > all</c> what do we value in all what do we value in all children<01:02:09.520><c> my</c><01:02:09.680
• </c> and living out our shared values and living out our shared values together together together and

Committee: Senate Education Finance

Keywords: 1187, senate, all

Transcript Highlights:

• up 40%, because their value went up 40%.
• We get mill levy and values all messed up. It's the budget.
• multiply that by the value of your property.
• , my taxes went up 40%, because their value went up 40%.
• multiply that by the value of your property.

Committee: House Revenue and Taxation

Keywords: 989, all

Bills: HR209 , SB3131 , SB2494 , SB2447 , SB2727 , SB2145 , SB2143 , HR22 , HCR22 , HR97 , HCR105 , HR138 , HCR146 , HCR16 , HCR35 , HCR40 , HR3 , HCR4 , HR161 , HCR171 , HR109 , HCR117 , HR33 , HCR33 , HR141 , HCR149 , HR190 , HCR200 , HR193 , HCR203 , HR194 , HCR204 , HR196 , HCR206 , HR197 , HCR207 , HR191 , HCR201 , HR12 , HCR10 , HR148 , HCR157 , HR184 , HCR194 , HR195 , HCR205 , HR192 , HCR202 , HR173 , HCR183 , HR179 , HCR189 , HR181 , HCR191 , HR21 , HCR21 , HR23 , HCR24 , HR60 , HCR66 , HR113 , HCR121 , HR145 , HCR153 , HR74 , HCR82 , HR77 , HCR85 , HR90 , HCR98 , HR27 , HCR36 , HR165 , HCR175 , HR187 , HCR197 , HR5 , HCR6 , SB2054

Keywords: entertainment, comedy, youth wellness, cultural identity, Hawaiian culture, mental health, public service, job title, administrative assistant, executive assistant, state personnel, civil service, modernization, employment standards, bribery, corruption, statute of limitations, public servant, criminal justice, campaign finance

Transcript Highlights:

• Face value is $38.
• </c> go to than selling them at face value. go to than selling them at face value.
• </c><00:09:18.959><c> of</c> figure out what the original values of figure out what the original values
• They're certainly original face value.
• </c><00:48:17.839><c> We're</c> put the face value in either. We're put the face value in either.

Keywords: 1183, house

Transcript Highlights:

• And, uh, we really want to try to help with those rising property values.
• by newer years at higher values.
• This failure to protest values in turn leads to higher comps and drives assessed market values up for
• As tax rates are determined based upon certified taxable values.
• That's how they value. That's how they contain all.

Bills: SB 4 , SB 23 , SJR 2

Committee: House Ways & Means

Keywords: redistricting, election, Texas legislature, district composition, political representation, congressional redistricting, Texas House of Representatives, U.S. House, Congressional districts, district map, district boundaries, gerrymandering, voting rights, election law, apportionment, representation, special committee, PLANC2308, redistricting plan, elections

Transcript Highlights:

• breeding value when it was used in the training data.
• It fails that cutoff value, all right?
• Down in those breeding values, there are only three deer that were 96SS that had good breeding values
• And you can see where that cutoff value is.
• Now you're hurting people's property values.

Bills: HB3270 , HB3145 , HB3056

Committee: Senate Agriculture and Wildlife

Keywords: farmed cervidae, chronic wasting disease, genetic resistance, wildlife management, agriculture, wildlife tagging, hunting regulations, Cervidae family, feral swine, exotic wildlife, conservation, commercial hunting, raw milk, unpasteurized, farm sales, Oklahoma Milk and Milk Products Act, local producers, advertising

Summary: The committee heard a lengthy presentation from Texas A&M professor Chris Seaberry on chronic wasting disease (CWD) genetics in deer and elk. He argued that susceptibility to CWD is polygenic, that genomic prediction can identify more resistant animals with high accuracy, and that selecting for resistant breeding values plus the PRNP codon 96 S allele could reduce disease prevalence. He said his work has been used in USDA/APHIS programs, that some facilities have been cleaned up using these methods, and that concerns about inbreeding, increased shedding, or harm to hunting quality are overstated. Committee members questioned the science, the risk of releasing potentially infected animals, the financial incentives for breeders, and whether wildlife agencies were resisting the program for philosophical or institutional reasons. The witness and senators also discussed the Department of Wildlife’s role, the Attorney General’s opinion, and whether the state should act more quickly or wait for more data. The committee then took up House Bill 3270, which would shift rulemaking authority for the deer-release/CWD program from the Department of Wildlife to the Department of Agriculture after members said Wildlife had failed to promulgate rules for two years. The Department of Wildlife testified that it believed it had complied by collecting native deer samples and that it had been operating under a different understanding until the Attorney General’s March 5 opinion clarified the original law. After debate over agency inaction, the adequacy of the science, and the impact on deer breeders and hunters, the committee voted 3-9 against the bill, and HB 3270 failed. The committee also confirmed Jessica Wilcox to an executive nomination by a 12-0 vote. It then advanced House Bill 3145, which clarifies tagging rules for commercial hunts by making $10 tags apply only to male native wildlife and $0 tags apply to female, feral swine, and exotic wildlife; the bill passed 12-0. Finally, the committee heard House Bill 3056, which would allow unpasteurized cow, goat, and sheep milk to be sold at feed stores and farmers markets with labeling; members questioned gallon limits and whether the bill included adequate warning language, but no final action was taken in the portion provided.

Transcript Highlights:

• And California’s top export by value is almonds at $4.4 billion.
• We export a lot of high-value crops as commodities when they could also be higher-value ingredients and
• products, including proteins and high-value food ingredients.
• products, including proteins and high-value food ingredients.
• Critical to show food-grade scaling production values.

Summary: The hearing of the Select Committee on Alternative Protein Innovation was held at UC Davis and focused on how alternative proteins can support California agriculture, the bioeconomy, and farmers. Opening remarks from UC Davis leaders and committee members emphasized the university’s food science, fermentation, and sustainability strengths, and the state’s prior investments of $5 million for UC alternative protein research and an additional $1 million for ICAMP. Members framed the topic as a way to grow new markets, keep more value in-state, and address climate, food security, and commercialization challenges. The first panel featured Sana Beg of the Plant-Based Foods Institute, who argued that California agriculture and alternative proteins are complementary, not competing, and stressed that farmers are essential to the sector. She highlighted the need for ingredient processing capacity, technical assistance for growers, and predictable demand through public procurement, including schools, hospitals, and state facilities. Committee members asked about financing and market development, and Beg said guaranteed loans, grants, and state- and USDA-backed support could help de-risk investment and build the supply chain. The second panel focused on research and development. Beam Circular described the circular bioeconomy in the San Joaquin Valley, including efforts to turn agricultural residues into higher-value products, build shared infrastructure, and expand workforce training. ICAMP and UC ANR described UC Davis-centered research, pilot facilities, and a proposed plant innovation center to bridge lab-scale work to commercial manufacturing. USDA researchers discussed using byproducts such as brewer’s spent grain, tomato pomace, lima beans, and chickpeas for new food ingredients. Members repeatedly emphasized the importance of public R&D funding, consumer acceptance, and food-grade scale-up facilities. The final panel highlighted company perspectives from Optimized Foods and Blue Diamond Growers. Optimized Foods described using fungi fermentation to convert almond hulls, cocoa waste, and tomato pomace into protein-rich ingredients and stabilized nutrients. Blue Diamond outlined its grower cooperative model, sustainability practices, almond ingredient portfolio, and the Sacramento almond innovation center. No formal votes were taken; the hearing was informational, with discussion centered on research, commercialization, infrastructure, and market-building for California-grown alternative protein products.

Transcript Highlights:

• was reduced from completed and the value was reduced from the<00:10:05.760><c> $61,400</c> the $61,400
• We have LRCP25-038 pertaining to an informational update to a reduction in the fair market value.
• It's to be disposed at a fair market value or at a value that the governor and council come to.
• </c><00:25:43.600><c> the</c> fair market value or at a value that the fair market value or at a value
• And so I had value to be reduced for it.

Keywords: 928, house, all

Summary: The Long Range Capital Planning and Utilization Committee met and first approved the June 30, 2025 meeting minutes. The committee then took up a series of Department of Transportation property actions, including authorization to grant an access point in Exeter, sell two small tracts in Keene, amend a prior Guilford disposal based on a revised survey and appraisal, sell 0.42 acres in Lincoln, list and sell 9.77 acres in Chesterfield, sell 0.54 acres in Fremont, and approve a permanent access easement in Belmont. The committee also approved a utility easement in Albany and a permanent access easement on Route 153 for the Bickfords. Most of these items involved direct sales or listings, administrative fees of $1,100, and conditions requiring surveys and local/state approvals; several were approved unanimously after brief or no questions. Representative Faulkner declared a conflict of interest on the Chesterfield item, and Representative Newman sat in for that matter; later, Faulkner was recused from the Belmont item as well. The committee also approved a Department of Administrative Services request to grant a perpetual utility line easement to Public Service Company of New Hampshire for a facility under construction at the Hampstead hospital property, with the administrative fee waived because the grant was in exchange for utility service. During discussion of informational item LRCP25-038, staff explained that no committee action was needed because the item was only to notify members that a parcel’s fair market value had been reduced due to a change in access. The committee received additional informational materials from the New Hampshire Council on Resources and Development, including minutes from its May 8 meeting and memorandums on surplus land review for Meredith and Hampstead. The next meeting was set for December 9 at 9:30 a.m. at Granite Place, Room 228, and the chair noted the meeting would be on a Tuesday because of building scheduling. The committee then adjourned.

Transcript Highlights:

• I keep questioning what value, and I'm looking at ultimate value, will the Commerce Department bring
• I'm just worried about the value add with this one.
• So if I view the value add came from the gentleman that...
• add or not value add.
• So to your question, Senator Inget, what is the value add?

Committee: Senate Industry and Business

Keywords: 908, all

Summary: The Senate Industry and Business Committee met to take up remaining business, focusing mainly on House Bill 1191, which would create an Office of Entrepreneurship within the Department of Commerce, and noting that House Bill 1584 on pharmacy benefit managers would be held until amendments were ready. Members discussed whether the entrepreneurship effort should be housed in Commerce, whether it would duplicate existing private and nonprofit resources, and whether the state should be creating a new government function at all. Supporters said Commerce is the right place, the bill contains no appropriation, and the office would mainly direct small businesses and startups to existing resources and report back on demand and staffing needs. Opponents warned it could grow into another government entity and argued private industry and existing programs are better suited to provide coaching and mentorship. Testimony and discussion referenced small business development centers, the Kauffman/Right to Start model, and other startup support programs already operating in the state or elsewhere. Members also cited a local entrepreneur’s experience as an example of the value of mentorship, networking, and guidance from private-sector groups, while others stressed that government should focus on pointing people to those resources rather than running the assistance itself. The committee emphasized that the bill would ask Commerce to identify how it could support entrepreneurship with existing staff and to report on its efforts. A motion for a do pass recommendation on House Bill 1191 was made and seconded. The committee voted 3-2 in favor, with Senators Klein, Kessel, and Chairman Barta voting aye and Senator Inget voting nay; Vice Chair Bame’s vote was not recorded in the final tally as read. Senator Kessel was designated as the carrier. The committee then noted it would reconvene later in the day after floor session, with the PBM bill expected to be taken up once amendments were available.

Transcript Highlights:

• It fails that cutoff value, right?
• values that were positive.
• She was talking about that separately from the breeding value.
• And the 20 that did test positive did not have good breeding values; they had breeding values that were
• That's the only thing that Puts a monetary value on the animal.

Bills: HB3270 , HB3145 , HB3056

Committee: Senate Agriculture and Wildlife

Keywords: farmed cervidae, chronic wasting disease, genetic resistance, wildlife management, agriculture, wildlife tagging, hunting regulations, Cervidae family, feral swine, exotic wildlife, conservation, commercial hunting, raw milk, unpasteurized, farm sales, Oklahoma Milk and Milk Products Act, local producers, advertising, 914, all

Transcript Highlights:

• by newer years at higher values.
• This failure to protest values, in turn, leads to higher comps and drives assessed market values up.
• That's how they value, that's how they contain all the information.
• The abatement can last up to 10 years and can apply to all or part of the home's value.
• When people do this, though, it is going to change the property value in most cases.

Bills: HB485 , HB1367 , HB1370 , HB1827 , HB1879 , HB2032 , HB2133 , HB2357 , HB3581 , HB3830 , HB4060 , HB4085 , HB4270 , HB4979 , HB5217 , HB5268 , HB5478 , HJR96 , HJR97 , HJR119 , HJR195 , HJR209 , SB4 , SB23 , SJR2 , SJR85 , SB 4 , SB 23 , SJR 2

Committee: House Ways & Means

Keywords: healthcare, insurance, access, affordability, public health, emergency services district, sales tax, gas and electricity, residential use, tax exemption, emergency services, gas, electricity, HB 485, ESD, use tax, residential utilities, utility tax, local option tax, Texas Health and Safety Code

Transcript Highlights:

• When you have a house and you go on Zillow.com and you look at the value of that home, the market value
• And so this total insured value... ...total insured value is in orange.
• of that home the market value of that home the total insured value is a similar calculation but not
• And so this total insured value, total insured value is in orange.
• And I hope that we're demonstrating value in return.

Committee: Senate Banking and Insurance

Summary: The Senate Committee on Banking and Insurance convened with a quorum present, and Commissioner Michael Yaworsky of the Office of Insurance Regulation delivered a broad update on Florida’s property insurance market. He outlined the division of responsibilities between OIR and the Department of Financial Services, then reported market indicators including 7.61 million residential policies in force, an average premium of $2,755, 1.5 million Citizens takeout approvals, and recent negative trends in homeowners rate requests. He credited recent legislative reforms, especially tort reform and the Insurer Accountability Act, with improving market stability, increasing competition, and allowing the office to conduct more examinations and investigations, recover consumer restitution, and fine insurers for misconduct tied to recent hurricanes. Yaworsky emphasized that Citizens Property Insurance has been rapidly depopulating from its 2022 peak and may fall below 300,000 policies, while cautioning that over-depopulation could create residual-market risks and assessments if a major storm hits. He also discussed the distinction between admitted and surplus lines markets, the role of reinsurance in Florida pricing, and the effect of inflation on total insured values and premiums. He said Florida has seen comparatively modest property rate increases relative to other states and noted that recent hurricanes did not produce the kind of rate spikes seen in prior years, which he attributed to a more stable market and reduced fraud and litigation pressure. In response to a question from Senator Martin, Yaworsky explained that California’s wildfire crisis and regulatory structure are not a direct one-to-one comparison for Florida, but that California’s market problems can affect global reinsurance capacity and serve as a cautionary example of regulatory missteps. He also highlighted a recent Progressive auto insurance excess-profits refund of about $1 billion to policyholders, discussed possible federal changes to the National Flood Insurance Program, and urged greater home resiliency and code-plus adoption. The commissioner closed by calling for clearer consumer disclosures and responsible oversight of AI use in insurance filings. No bills were considered and no votes were taken; Senator Hooper moved to adjourn, and the committee adjourned without objection.

Transcript Highlights:

• One of the many values of the Minnesota SAF Hub is that it's bringing together the entire value chain
• One of the many values of the Minnesota SAF Hub is that it's bringing together the entire value chain
• One of the many values of the Minnesota SAF Hub is that it's bringing together the entire value chain
• </c> systems with the grant funds the value systems with the grant funds the value chain<00:36:20.200
• </c> of the continuous living cover value of the continuous living cover value chain<00:41:30.920><c>

Committee: Senate Agriculture, Veterans, Broadband, and Rural Development

Keywords: 1187, senate, all

Transcript Highlights:

• Where does the value come from? The answer depends on the category.
• Stablecoins drive their value from their reserve backing.
• Platforms drive their value from usage.
• I wouldn't say they have any underlying value.
• Outreach includes certified mail for accounts valued at $50 or more.

Committee: House Banking and Finance

Keywords: 988, house, all

Transcript Highlights:

• We we value a government that can be held accountable.
• We we value a government that can be held accountable.
• We we value a government that can be held accountable.
• We we value a government things we do.
• We value a that can be held accountable.

Keywords: 1187, senate, all

Transcript Highlights:

• They do not demonstrate that their recommendations are positively associated with share value.
• There has to be a direct exchange of objective fair market value.
• same value at $249,000 and ran two examples of the most fluctuation either direction.
• It's trying; it's literally trying to catch the full cash value.
• This bill does add new definitions for current use, full cash value, and the valuation date.

Committee: Senate Senate Finance Committee of Reference

Summary: The committee approved the February 2, 2026 minutes and held Senate Bill 1090. It then took up SB 1503, which would require pension fiduciaries and proxy advisory firms to base voting and advice solely on economic interests, prohibit ESG or ideological considerations except in limited circumstances, and authorize attorney general enforcement. The sponsor said the bill was meant to protect investors and align with federal action; supporters argued proxy advisors lack transparency and can influence votes against shareholders’ financial interests. Arizona retirement system representatives said they were neutral but warned the bill would add major operational costs, create reporting burdens, increase litigation risk, and could narrow the market for proxy advisory services. The committee passed SB 1503 on a 4-3 vote. The committee then considered SB 1293, which would bar GPLET abatements from applying to school-district revenue during the eight-year abatement period. Supporters said the bill would protect school funding and reduce the state aid backfill tied to GPLET projects, while opponents from Phoenix, Mesa, and economic development groups said GPLET is a key redevelopment tool that helps finance downtown and blighted-area projects and that the bill would weaken future investment. The committee adopted the amendment and passed SB 1293 on a 4-3 vote. It also heard and passed SB 1414, which gives insurers 30 days to review and respond to third-party settlement demands; insurers supported the bill as a reasonable commercial timeframe, while trial lawyers opposed it as too slow and urged a 15-day standard, with members indicating they expected a possible friendly amendment. Next, the committee heard SB 1633, which would create an Arizona income tax subtraction for capital gains from the sale of a primary residence, after five years of occupancy. Opponents argued it would mainly benefit wealthy homeowners and could cost the state tens of millions annually, while the sponsor said it could help homeowners move without facing large tax bills and improve housing turnover. The committee passed the bill 4-2. It also adopted an amendment to SB 1429, which would have expanded Arizona Commerce Authority board ex officio membership, then held the bill for further consideration. Finally, the committee passed SB 1536, allowing temporary consolidation of street light improvement districts, and heard SB 1724, which clarifies when property splits or consolidations trigger limited property value recalculation, with county assessors supporting the measure as an anti-gaming reform.