Transcript Highlights:

• <00:04:37.600> people<00:04:38.560> uh uh and uh pricing people uh uh and uh pricing
• I'm giving you much less than the dealership price, or at least the MSRP price, because the dealership
• I'm giving you much less than the dealership price, or at least the MSRP price, because the dealership
• get that price point as far as the price get that price point as far as the price and<00:24:55.840
• Those are average prices for an entire state, and Minnesota ranks 22nd overall highest prices.

Bills: HF3298

Keywords: underground storage tanks, petroleum, reimbursement program, environmental regulation, pollution control, 1183, house

Transcript Highlights:

• volatile energy prices. volatile energy prices.
• Well, you have fixed-price contracts. Fixed-price contracts.
• price signals to function. price signals to function.
• and price accordingly. and price accordingly.
• The price that we pay is the price that our customers pay.

Keywords: 1191, senate, all

Transcript Highlights:

• That price was as of 6/23.
• That price was as of 6/23.
• That price is as of 6/23.
• That price is as of 6/23.
• price floor will continue. price floor will continue.

Keywords: Meeting Start 00:00:00 Attendance Roll Call 00:00:20 Approval of June 4, 2026 Minutes 00:03:09 Prioritizing Kentucky Agriculture: Medical Cannabis 00:03:38 Prioritizing Kentucky Agriculture: Bourbon 01:41:03, 958, all

Transcript Highlights:

• Are you getting it at the original price even after the delay?
• Are you still getting the original contractual price?
• Or when you get it, years later, are you getting an up-to price?
• And Chief Curran mentioned the essential price increase over time.
• So that's your escalating prices and your elongated build times.

Keywords: 988, house, all

Transcript Highlights:

• The price is now doubled, and that places additional strains on our budget.
• Are you getting it at the original price even after the delay?
• an up-to price?
• And Chief Curran mentioned the essential price increase over time.
• So that's your escalating prices and your elongated build times.

Summary: The committee held an informational hearing on the rising cost and long delivery times for fire apparatus and related equipment, with opening remarks stressing that aging fleets, supply chain problems, and delayed replacements are affecting emergency readiness across California. Cal OES and Cal Fire described statewide procurement challenges, including higher prices, multi-year delivery timelines, two-year encumbrance limits, and the strain on mutual aid when engines remain in service beyond their intended replacement cycles. Cal Fire said it operates 537 engines, with 300 meeting replacement criteria and 243 at least 16 years old, and explained the difference between mandatory contracts and one-time acquisitions. The Department of General Services said vendors have cited labor costs, chassis pricing, and the need for longer production timelines, while also noting that statewide contracts can include nominal price increases but not open-ended price hikes. Local fire chiefs from Santa Barbara County, Los Angeles County, Napa, and Fullerton testified that apparatus prices have risen sharply while delivery times have stretched from under a year to three to five years or more. They described specific examples of engines and ladder trucks costing far more than prior purchases and arriving years later, forcing departments to keep older reserve apparatus in service, spend more on maintenance, and defer other budget priorities. Several witnesses said industry consolidation has reduced competition and contributed to delays and price increases, with Los Angeles County and Fullerton noting they have pursued antitrust complaints and litigation against major manufacturers. Napa also described proprietary parts and software limiting in-house repairs, and Santa Barbara County said a vendor’s unfulfilled delivery promise caused the department to lose its place in line. Members asked about possible solutions, including whether the state should consider manufacturing apparatus itself, whether procurement rules or prototype requirements could be streamlined, whether DGS staffing or contract processes could be accelerated, and whether more stable long-term purchasing commitments would help manufacturers plan production. Witnesses said safety-driven specification changes are necessary but can add time, and that the main bottlenecks are industry capacity, consolidation, and vendor performance. The vice chair raised concerns about how grant funding windows and local matching requirements are affected by multi-year delays, especially for small and rural departments that rely on grants and on used apparatus passed down from larger agencies. No votes were taken; the hearing concluded with committee members indicating interest in possible legislative, regulatory, and antitrust follow-up.

Transcript Highlights:

• though your cash price is 550. though your cash price is 550.
• <01:21:38.000> of price of corn and the price of price of corn and the price of fertilizer
• So when you've heard the phrase, the cure for high prices is high prices, the way that prices got brought
• with low prices right now though. with low prices right now though.
• the<01:47:49.679> way for high prices is high prices, the way for high prices is high prices

Keywords: 1187, senate, all

Transcript Highlights:

• for a covered drug if the manufacturer offers the same drug at a 340B price in the state.
• <00:07:13.960> the medications at the same price the medications at the same price the pharmaceutical
• <00:09:58.920> and they come with enormous prices and they come with enormous prices and because
• <00:38:26.920> of program to solely lower the price of program to solely lower the price of
• The purpose of the 340B drug pricing program is to support health care facilities.

Keywords: 00:00 Introductions 02:46 Roll Call 03:35 Discussion on SB 14 46:13 Vote on SB 14 48:07 Discussion on SB 17 50:38 Vote on SB 17, 958, all

Summary: The Senate Standing Committee on Health Services opened with the chair welcoming several new members and outlining session rules: hearings would start and end on time, the committee would limit the number of bills heard each meeting, prioritize bills heard during the interim, and generally avoid using the consent calendar except in extreme circumstances. The committee then briefly considered administrative regulations, which were treated as approved if members had no questions. The main item was Senate Bill 14, a measure addressing the 340B drug discount program. The chair said the bill had already passed the Senate in a prior session and had been heard in interim, so he did not present it again. He described the bill as prohibiting drug manufacturers from discriminating against 340B covered entities by refusing 340B pricing when the same drug is offered at that price in the state. He also said the committee would not debate the federal 340B program itself, but would hear testimony on the bill. Hospital leaders and Kentucky Hospital Association representatives testified in support, arguing that 340B savings are essential to rural hospitals, oncology services, transportation support, chronic care, addiction recovery, and new service lines such as chemotherapy and hepatitis treatment. They said the program helps keep care close to home and that manufacturer restrictions on contract pharmacies have reduced access and cost hospitals millions. Opponents from BIO Kentucky and the National Alliance of Healthcare Purchaser Coalitions argued the bill would expand federal law beyond Congress’s intent, create administrative burdens, and not lower patient out-of-pocket costs. The chair repeatedly pressed opponents to address why Kentucky should be denied the same 340B pricing available in other states. No vote on the bill was taken in the portion provided.

Transcript Highlights:

• here the blue line is CPI Consumer Price here the blue line is CPI Consumer Price Index<00:12:43.160
• Prices on used cars, in fact, as you can see here, used car prices are shown in the red line, and for
• If you think about appliance prices at Home Depot, consumer durable goods, those prices are also looking
• of global supply and demand and oil prices not quite as low as we've seen during the very low price
• of global supply and demand and oil prices not quite as low as we've seen during the very low price

Keywords: 928, house, all

Summary: The meeting was a Ways and Means briefing opened by the vice chair, who introduced Jason Wong of the Federal Home Loan Bank of Boston to discuss the national and regional economy. Wong focused on inflation, asking why it had fallen from about 9% in 2022 to the 2%–3% range, and what that meant for monetary policy and the risk of an economic downturn. He said the Fed’s target is 2%, noted that recent PCE inflation was about 2.4% and core PCE about 2.7%, and described the ongoing debate over whether interest rates should stay tight or be lowered further to protect the labor market. Wong explained that the improvement in inflation has been driven largely by goods prices, especially durable goods such as cars, appliances, and furniture, as well as non-durable goods like food. He said supply-chain disruptions during the pandemic caused major price spikes in 2022, but those pressures have eased and many goods prices are now at or below the Fed’s target. He also referenced the New York Fed’s Global Supply Chain Pressure Index, saying it showed extreme pandemic-era disruptions that have since receded. The main remaining inflation problem, he said, is in services, especially housing. Wong broke services into rent of shelter and all other services, explaining that shelter is a large share of household budgets and that housing inflation has a lag because rent measures often reflect older lease terms rather than current market rents. He said monthly Zillow data suggest market rents have cooled and may eventually feed through to official inflation measures. Members asked several questions about the chart’s time scale, the treatment of real estate, property taxes, and utilities, and Wong clarified that housing costs are counted in services and that the slides would be shared digitally. No votes or formal actions were taken.

Transcript Highlights:

• Determining their price, if the price of a product changes, the cost of the goods changes.
• Restaurants have prices change all the time. Grocery stores have prices change all the time.
• They change prices all the time.
• Thank you, Senator Price. ...going finance, though. Thank you. Thank you, Senator Price.
• Senator Price, thank you.

Summary: The committee took up several House measures. HCR 66, as amended, asked Louisiana Economic Development and the Governor’s Office of Rural Development to study rural parish assets, infrastructure, workforce, and development opportunities, and it was moved forward without objection. HB 387, a clarification to allow the fire marshal’s office to review architectural and engineering plans equally, also passed favorably without objection. HB 1223, which would have LED promote Louisiana’s clinical trial capacity and adjust internal review board processes, was amended and moved favorably. HB 950, aimed at helping older adults recognize and avoid fraud through materials and resources from the Office of Elderly Affairs, was reported favorably. HB 975, a routine measure to recreate the Public Service Commission, was also reported favorably. HB 1186, which would create a more uniform statewide building code and licensing system for inspectors, was amended and moved favorably. HB 1222, described as a Grocery Initiative Act to let LED identify ways to address food deserts and food insecurity, was introduced near the end of the meeting. The most extensive debate centered on HB 617, a consumer transparency bill requiring mandatory fees to be included in upfront pricing. The author said the bill was intended to curb hidden fees and help consumers compare prices, with examples such as hotel resort fees and automatic restaurant service charges. Supporters argued it would improve transparency, while opponents from grocery, restaurant, hotel, housing, retail, and business groups said the bill was too broad, vague about terms like “total price,” unclear on enforcement and penalties, and could create compliance burdens and litigation risk, especially for small businesses. Housing advocates opposed the bill’s housing carve-out, arguing it could weaken renters’ ability to bring unfair-practice claims. Senator Morris moved to defer HB 617, and the committee agreed without objection. The committee also heard lengthy testimony on HB 797, which would create a Bayou Gold certification for certain transactional gold vendors that meet state-defined standards such as segregation, insurance, and nearby storage. The sponsor said the goal was to give consumers confidence and encourage vendors to keep gold closer to Louisiana, while critics argued the program would amount to a state endorsement of private companies, create misleading consumer impressions, and expose the state to confusion or liability. The bill drew opposition from the Sound Money Defense League and others, but the committee ultimately reported HB 797 favorably, with the understanding it still had to go to Finance. HB 1228, a hearing-aid cleanup bill updating definitions, contracts, testing periods, and licensing rules, was also moved favorably without objection.

Transcript Highlights:

• <00:17:30.960> of office the price of office the price of democracy<00:17:32.919> is
• Doesn't seem like you would say the price of democracy is not too high if the price is zero.
• Doesn't seem like you would say the price of democracy is not too high if the price is zero.
• Doesn't seem like you would say the price of democracy is not too high if the price is zero.
• Doesn't seem like you would say the price of democracy is not too high if the price is zero.

Keywords: 1183, house

Transcript Highlights:

• <00:58:53.280> Also, electricity at a lower price. Also, electricity at a lower price.
• of getting at least that price, assuming that it’s no higher than the clearing price.
• price, they're making money. price, they're making money.
• price takers because they operate 24/7. price takers because they operate 24/7.
• clearing price? And the answer was yes. clearing price? And the answer was yes.

Keywords: 1189, house, all

Transcript Highlights:

• <00:19:42.480> control they negotiate prices control they negotiate prices control formularies
• this example the PBM negotiated price this example the PBM negotiated price would<00:20:48.640><
• negotiated price is it's $100 the PBM negotiated price is still<00:21:03.960> 52<00:21:04.799
• <00:32:23.679> insurance factors that go into pricing insurance factors that go into pricing
• impact pharmaceutical prices impact pharmaceutical prices specifically<00:36:04.280> I<00

Keywords: Meeting Start: 00:00 Roll Call: 00:10 SB145 Discussion: 02:23 SB145 Vote: 05:13 SB183 Discussion: 06:13 SB183 Vote: 11:37 HB413 Discussion Only: 16:15, 958, all

Summary: The House Standing Committee on Banking and Insurance met with a quorum and first took up Senate Bill 145, sponsored by Sen. David Givens. The bill would update retail installment contract statutes for automobile sales, allowing retailers with installment contracts shorter than 28 days to begin collections after three days instead of waiting for multiple missed payments, and it also harmonizes a related dollar amount in statute from $10 to $15. The committee asked no questions, and the bill received a favorable expression on a roll-call vote. The committee then heard Senate Bill 183 from Sen. Matt Nunn, with testimony from Chris Nolan of the American Property Casualty Insurance Association. The bill would require proxy advisers acting for the State Retirement System to act solely in the financial interest of current and future retirees and to avoid political or social considerations in shareholder voting recommendations. Supporters argued it would keep politics out of public pensions and align proxy advice with fiduciary duties; members praised the bill and noted Kentucky could be among the first states to adopt such a model. The committee approved the bill with favorable expression after a roll-call vote. The committee also reviewed administrative regulation 808 KAR 9:10 from the Department of Financial Institutions, with no vote required. It then took up House Bill 413, a PBM rebate pass-through bill, with testimony from Sarah Wood of the Diabetes Patient Advocacy Coalition. She said the bill would require 85% of negotiated drug rebates to be passed through to patients at the point of sale, lowering out-of-pocket costs, especially for high-rebate drugs such as insulin, while still allowing 15% to remain with plans. She cited examples from other states and argued the bill would benefit about 650,000 Kentuckians. Hope McClaflin of Anthem opposed the bill, saying it would reduce employers’ ability to use rebates to lower premiums, could disproportionately favor high-cost brand-name drug users, and could create significant costs for state and fully insured plans. Members asked questions about other states’ pass-through rates and the effect on premiums, but no final action on House Bill 413 was taken in the portion of the meeting provided.

Transcript Highlights:

• One has a price of $100; the other has a list price of $150.
• of $100 the other one has a has a price of $100 the other one has a list<00:35:09.960> price<
• 00:35:10.160> of list price of list price of $150<00:35:12.320> they're<00:35:12.880>
• just simply lower their prices just simply lower their prices now<00:36:28.359> drug<00:36
• <00:53:44.240> of price of price of drugs<00:53:46.119> senat<00:53:46.480> rest

Keywords: 1187, senate, all

Transcript Highlights:

• Dynamic pricing is not a new concept.
• Dynamic pricing rates will provide a needed price signal to inform economically efficient decision-making
• Dynamic pricing rates will Oh, okay, dynamic pricing rates will provide a needed price signal to inform
• , low price, if prices...
• If the next day was to be a high price, low price, if prices are going negative, if they want to use

Summary: The Assembly Committee on Utilities and Energy heard several bills focused on grid reliability, affordability, clean energy infrastructure, and industrial decarbonization. AB 222, by Assemblymember Bauer-Kahan, would require more data reporting on data centers and aim to prevent ratepayers from bearing related grid costs; supporters said better information is needed to plan for rapidly growing electricity demand from AI and data centers, while opponents warned about privacy, security, trade-secret, and cost-shifting concerns. The bill passed the committee on a 13-4 vote, with the roll left open for absent members. AB 941, by Assemblymember Bonta, would impose a 270-day timeline for CPUC review of priority transmission projects to speed clean-energy infrastructure buildout. Supporters argued that transmission delays are slowing California’s climate goals and raising costs, while opponents raised concerns about CEQA process, staffing, and prioritization. The bill passed 15-0. AB 1191, by Assemblymember Tangipa, would make existing large hydroelectric facilities eligible for the Renewable Portfolio Standard; supporters framed it as a way to lower rates and ease affordability pressures, while opponents said it would undermine the purpose of the RPS by substituting existing resources for new renewable development. That bill failed on a 4-11 vote. AB 1280, by Assemblymember Garcia, would expand state grant programs to support thermal energy storage projects for industrial decarbonization. Supporters said it would help modernize manufacturing, cut pollution in disadvantaged communities, and preserve jobs, with broad support from environmental and clean manufacturing groups and no opposition testimony. The bill passed 17-0. AB 1117, by Assemblymember Schultz, would require the CPUC to offer optional dynamic electricity rate tariffs for customers to shift usage away from peak periods; supporters said it could lower bills and improve grid efficiency, while utilities said they were not opposed to the concept but wanted more flexibility and time in the regulatory process. That bill passed 14-0. The committee also approved its consent calendar and other noncontroversial items, with several measures moving forward unanimously.

Transcript Highlights:

• price over time. price over time.
• But that need varies greatly by price point. Right? The need varies greatly by price point.
• But that need varies greatly by price point. Right? The need varies greatly by price point.
• qualify for just the median priced home. qualify for just the median priced home.
• One, prices decline or flatten.

Keywords: 1183, house

Transcript Highlights:

• Grain prices have been challenging.
• Um, you know, record prices this year for calves and record prices this year for feeders and finished
• >> Absolutely. >> Thank you. >> Um, so we're dealing with lower commodity prices and higher input prices
• One of the a price taker standpoint.
• would be the impact in terms of price would be the impact in terms of price per<00:58:22.960>

Keywords: Meeting Start 00:00:00 Attendance Roll Call 00:00:18 University of Kentucky Department of Agricultural Economics Presentation 00:02:18 Farm Credit Mid-America Presentation 01:12:41, 958, all

Transcript Highlights:

• are calculated with the Consumer Price Index.
• The current price is $5. That's a 2008 fee.
• The Consumer Price Index for the year is the Consumer Price Index for the year.
• the Consumer Price Index either.
• The consumer price index is a basket of goods.

Transcript Highlights:

• This is the pricing and volume forecast.
• This is current WTI crude pricing, so right at $100.
• I thought, what's been the average oil price since 2000?
• or by the price of crude on the board?
• It's the price that they're able to sell it for in North Dakota.

Keywords: 908, all

Summary: The committee met as the Regulatory Division of the budget section and received updates on several Industrial Commission-related agencies and programs. Legislative Council first reviewed base budget materials, then the North Dakota Housing Finance Agency reported on its current appropriation and staffing, noting that its new FTEs were being filled gradually and that it remained largely funded through special and federal funds. Agency leaders described homeownership lending, loan servicing, and housing incentive fund activity, including below-market mortgage rates, down payment assistance, and a growing servicing portfolio that has increased workload but not yet required additional FTEs. Housing Finance also detailed use of the Housing Incentive Fund and homeless grant dollars. Officials said the multifamily HIF round drew more than $73 million in requests and awarded $25 million, while the single-family program supported rural development and community land trusts. Homeless grant funding was split between emergency shelter, prevention, and rapid rehousing, with performance-based scoring used to renew or reallocate awards. Members discussed housing affordability, aging households, rental assistance, and the need to coordinate housing and site-preparation messaging with Commerce. The agency asked that HIF, single-family, and homeless funding be maintained or increased in the next session. The Department of Mineral Resources then presented its budget and operations update. Staff said the agency was on track financially, had filled most of its new reclamation FTEs, and was not expecting major litigation costs beyond normal late-biennium invoices. The director reviewed agency initiatives including Project North Star IT modernization, organizational restructuring, succession planning, rulemaking, and implementation of the development incentive well tax program and critical minerals rules. He also discussed oil and gas activity, explaining that longer laterals, especially three- and four-mile wells and the first five-mile spacing case, are helping keep production relatively flat even as rig counts ease. Members asked about gas capture, hedging, break-even prices, and the effects of Iran and Venezuela on oil markets. The committee also heard about enhanced oil recovery grants and the Pipeline Authority. The EOR program’s $25 million appropriation was fully allocated to six projects, with total awards reaching about $45.1 million when other fund balances were included, subject to a possible 5% reduction if federal DOE money does not materialize. Officials said the projects are public, reimbursement-based, and will produce results over the next several years. Finally, the Pipeline Authority outlined natural gas transmission projects, including the imminent Bakken Express line and the proposed Bakken East project, which WBI was selected to advance after an Industrial Commission RFI process. The project is moving through open season, survey permission, and regulatory work, with in-service dates projected for 2029 and 2030.

Transcript Highlights:

• So tell me about the need for prices.
• So, they then they set a personal price.
• <00:09:13.080> point right, is that there is a price point right, is that there is a price
• for a thing, and there are some prices for a thing, and there are some prices that<00:09:15.440>
• Air MacLeod, you have a different price Air MacLeod, you have a different price for<00:09:30.800

Keywords: 1187, senate, all

Transcript Highlights:

• And again, the city is paying the price. Our taxpayers are paying the price for all of this.
• again, the the city is paying the price. again, the the city is paying the price.
• We can't price stop-loss insurance.
• We can't price stop-loss benefits.
• with a price before they subscribe. with a price before they subscribe.

Keywords: 1191, senate, all