Transcript Highlights:

• I want to focus on the utility rates.
• in order to make up for any rate increase that they otherwise would have increases in utility rates
• Chairman, does your bill lock in current revenue or lock in current tax rates? It's rates.
• As part of that process, USDA required the town to conduct a rate study and adjust our utility rates
• But yes, we froze the rate, and with the frozen rate, the overall revenue for primary tax still went

Bills: HB2780, HB4029, HB4030, HCR2052

Keywords: judicial foreclosure, tax lien, redemption rights, excess proceeds, property auction, income tax, federal tax conformity, revenue analysis, legislative session, tax reporting, municipal fees, county fees, utility rates, moratorium, tax classification, local government, inflation, economic stability, tax increases, cost-of-living protection

Summary: The committee first heard House Bill 2780, a technical cleanup measure related to Arizona’s judicial tax lien foreclosure and excess proceeds process. The sponsor and a witness said the bill clarifies when a court should order a public sale, standardizes distribution of sale proceeds, and corrects inconsistencies left from prior reforms. No opposition was raised, and the committee approved HB 2780 unanimously on a 9-0 do pass vote. The committee then took up House Bill 4029, which would require the Governor’s Office of Strategic Planning and Budgeting and the Joint Legislative Budget Committee to evaluate the revenue impact of federal tax conformity changes earlier in the process, and would require the Department of Revenue to issue tax forms consistent with statute. An amendment was adopted to have OSPB and JLBC each make the evaluation and to require a governor’s report if the impact is $100 million or more, along with new reporting deadlines for DOR. Supporters argued the bill would force earlier action on conformity and prevent tax forms from diverging from statute; opponents said it added bureaucracy and could delay filing. The committee approved HB 4029 as amended by a 5-4 vote. The committee also heard House Bill 4030 and the related HCR 2052, both aimed at limiting local tax and fee increases. HB 4030 would bar municipalities and counties from adopting, imposing, or collecting increased fees, transaction privilege taxes, and utility rates from July 1, 2026, through June 30, 2030. The sponsor said the measure was intended to protect taxpayers from inflation and rising local costs. Cities, counties, and utility representatives opposed the bills, warning they would hinder infrastructure financing, water and wastewater projects, road improvements, and public safety services, and could force general fund subsidies or delayed maintenance. Supporters argued local governments have seen substantial revenue growth and should be restrained from further increases. The committee did not reach a final vote on HB 4030 or HCR 2052 in the portion provided.

Transcript Highlights:

• continue remaining below the national unemployment rate, and our labor force participation rate is forecast
• The rates were changed to whatever CMS...
• The intermediate care and nursing health rates are fine. They're not part of the phased-down rates.
• State rate comparisons: this is averaging the state and local rates together, and you'll see that West
• State rate comparisons: this is averaging the state and local rates together.

Keywords: 994, senate, all

Summary: The Senate Finance Committee met with a quorum present and first approved the minutes from the January 15 morning meeting. The main agenda item was the Department of Revenue’s budget and revenue presentation from Secretary Eric Nelson, Deputy Secretary Peter Shirley, and Deputy Secretary Mark Mucco. Nelson said the state remains double-A rated with a positive outlook, the budget includes a 5% personal income tax reduction, and the 2027 general revenue estimate is $5.493 billion, up $170 million from the prior year. Shirley gave an economic overview, saying West Virginia is forecast to see continued but slowing employment growth, continued wage growth, gains in private education/health services and business services, declines in some sectors, improving labor force participation relative to the nation, and strong recent net in-migration. He also noted continued growth in natural gas production and a modest rebound in coal production, though coal faces longer-term demand pressure. Mucco reviewed revenue trends and said 2025 collections were about $5.5 billion, below the prior year but above estimate, with personal income tax and sales tax driving the surplus. He explained that the forecast incorporates the 5% PIT cut and annual conformity to the federal One Big Beautiful Bill Act, including changes such as Section 179 expensing, bonus depreciation, R&D expensing, business interest deductions, and a new manufacturing facility expensing provision. He also discussed the effects of tax credits, severance tax volatility, declining tobacco revenues, and health care provider tax changes tied to federal Medicaid rules. He said road fund revenues are largely flat absent policy changes, and county commission revenues are growing faster than state revenues. Members asked about when new economic development projects like NewCore would appear in the projections, how much 20,000 new jobs would matter, whether the department had a calculator for job-growth impacts, the status of recent tax cuts, road fund growth, tobacco/vape taxation, and whether migration data could be broken down by county. The witnesses said major projects are not yet in the S&P-based forecast but would likely add jobs, wages, and tax revenue over time; they estimated 20,000 jobs would be a significant increase. They also said the state is unlikely to hit the current personal income tax trigger in the near term. No substantive votes were taken beyond approving the minutes, and the committee adjourned after a motion carried by voice vote.

Transcript Highlights:

• Children's rates were benchmarked in 2007 to the private commercial rate reimbursement rate.
• So how the rate methodology happened in 2007 was the children's rates were benchmarked to a private rate
• rate.
• increase in three rates, three service codes, to match the adult rate to the children's rate.
• To some level of rate parity with the children's rates.

Keywords: 962, all

Summary: The MAPOC Women and Children’s Health Subcommittee heard a presentation from Kate Parker Riley, executive director of the Connecticut Dental Health Partnership, on the Husky Dental Program and efforts to improve oral health during pregnancy. She reviewed the structure of Connecticut’s Medicaid dental benefit, the ASO model, provider network, utilization trends, and member barriers to care. She noted that children’s dental measures remain above the national median, but adult utilization is lower and the dental provider network has been shrinking, with longer wait times in rural areas. A major focus was the state’s goal to raise the rate of oral evaluation during pregnancy from about 17.5% to 25% by 2030. Riley described planned outreach to OB/GYN practices using a draft “snapshot” report showing each practice’s pregnancy oral-health rate compared with the state average, along with education materials based on ACOG and AAP guidance. Committee members and guests discussed barriers such as lack of provider training, workflow burden, access to dentists who will see pregnant patients, and the need for stronger referral bridges. Suggestions included adding simple oral-health screening questions in OB settings, using human support to make appointments, and exploring co-located dental hygienists or other embedded models. Riley also highlighted partnerships with DSS, DCF, Head Start, WIC, Read to Grow, YMCA programs, refugee resettlement agencies, and school-based and hospital partners, as well as data-sharing and navigation efforts. She said pregnant members newly identified through HUSKY will now receive outreach and navigation support. DSS dental director Carolyn MacArthur introduced herself and said she supports the initiative, noting the literature linking untreated maternal dental disease to poor child oral-health outcomes. No votes were taken; the meeting ended with thanks and a preview of upcoming July presentations on integrated behavioral health and home visitation programs.

Transcript Highlights:

• You can also see the pass rates here and the comparison to the U.S. pass rate.
• in 2024 pass rates.
• Rates are not at the national average. And what 88% is the national average of pass rate.
• Rates have exceeded the national average and are pass rate for 2024. Was also 94%.
• Rates is 96%.

Keywords: 999, senate, all

Transcript Highlights:

• Each year, we develop a rate range, and we're proposing to essentially set the rate range more toward
• And the state has focused on supplemental rates rather than base rate increases because they provide
• commercial rates.
• Of the amount of the rate? I don't have the rate amount. I don't have the rate amount.
• So current rate is $400 D&C and $700 D&E with Prop. 56 supplemental rate.

Summary: The Assembly Budget Subcommittee on Health held the first of several hearings on the Governor’s May Revision for health care, with opening remarks focused on the state’s projected $12 billion deficit, looming federal Medicaid changes, and the potential impact on Medi-Cal, public health, reproductive health, and safety-net providers. Several members criticized the proposal as balancing the budget on vulnerable Californians, while others defended the need for cost containment and questioned the administration’s assumptions. The chair set ground rules for respectful, focused questioning and outlined three topics: the Medi-Cal proposals, Proposition 35, and Proposition 56. DHCS Director Michelle Baas presented the May Revision’s Medi-Cal package, saying the department’s budget totals $200.6 billion overall, including $45.2 billion General Fund, and that the proposals are intended to address rising caseloads, pharmacy costs, and managed care spending. She described proposed changes for adults with unsatisfactory immigration status, including a freeze on new full-scope enrollment for those 19 and older, $100 monthly premiums beginning in 2027, elimination of adult dental and long-term care coverage, removal of PPS/RAP payments to FQHCs and rural health clinics for that population, and a pharmacy rebate aggregator. Other proposals included eliminating certain OTC drug classes, removing GLP-1 coverage for weight loss, prior authorization and step therapy changes, reinstating the Medi-Cal asset test, eliminating acupuncture as an optional benefit, allowing utilization management for hospice, raising the managed care minimum medical loss ratio to 90%, reducing PACE capitation rates toward the midpoint of the actuarial range, eliminating the skilled nursing facility workforce and quality incentive program, and suspending the SNF backup power requirement. The LAO said the revised Medi-Cal spending estimate is about $2.5 billion higher than the Governor’s Budget in the budget year, and that the increase appears driven more by higher per-enrollee costs than by caseload alone. The LAO said the budget solutions are concentrated in a few areas, are largely ongoing, and should be considered in light of federal uncertainty, but suggested the Legislature could explore alternatives such as more targeted income thresholds for the undocumented expansion and simpler asset-test rules. Department of Finance officials said the proposals are difficult but necessary to address a third consecutive deficit and rising Medi-Cal costs. Members then pressed the administration on the methodology and impacts of the proposals, especially the enrollment freeze, premiums, asset test, hospice controls, PACE reductions, and the elimination of benefits and provider payments. No votes or formal actions were taken at this hearing.

Transcript Highlights:

• <00:02:23.920> uh rate uh class rate is uh rate uh class rate is uh multiplied<00:02:25.680>
• longer separate classifications rates longer separate classifications rates for<00:31:36.559>
• enters that second tier the class rate enters that second tier the class rate would<00:34:03.480
• <00:35:34.760> of limit is is um uh has a class rate of limit is is um uh has a class rate
• This taxable market value is then multiplied by the class rate and by the local tax rate to calculate

Keywords: 1187, senate, all

Transcript Highlights:

• Contribution rates are trending downward.
• It says adopted rates, but I just want to point out that those rates were actually enacted through legislation
• Impact projected contribution rates.
• Total employer rate.
• contribution rates from adopting the recommendation. ...and employer contribution rates from adopting

Summary: The committee approved the July minutes and then received an informational presentation from the Office of the State Actuary on the financial condition of the state retirement systems. The actuary reported that employer contribution rates are generally declining, helped by strong investment returns and reduced funding for PERS 1 and TERS 1, while funded ratios have continued to improve; on a combined basis the plans were reported at 100% funded in 2024, with open plans above 95% and legacy plans varying by system. The presentation also reviewed projected rates and funded ratios under current assumptions, noted that pension costs are taking a smaller share of the state general fund, and discussed risks from investment volatility, policy changes, and demographic experience. Committee members asked about savings from lower rates, deferred asset smoothing, and how Washington compares with other states. The committee then considered the state actuary’s recommendation on long-term economic assumptions and adopted all four recommendations by roll call votes: inflation at 3.0%, general salary growth at 3.5%, membership growth for Plan 1 funding at 1.0%, and investment rate of return at 7.25%. The actuaries explained that the inflation and salary growth increases were driven largely by higher long-term inflation expectations, while the investment return recommendation matched the current statutory assumption. Members discussed the timing of the Pension Funding Council’s decision, the effect of tariffs and inflation uncertainty, and how assumption changes would affect future contribution rates and budgets, particularly for open plans. Staff then gave an update on the LEOFF 1 study, explaining the difference between being “ahead of schedule” and truly overfunded, and summarizing responses received from DRS, the State Treasurer, and the State Investment Board on the merger and restatement proposals. DRS said both bills could be administered, though the merger bill’s COLA banking provision would be challenging until its new system is ready; the Treasurer urged caution, especially about the restatement bill and the use of one-time funds; and the Investment Board said removing assets from the trust would have some transaction costs but likely small impacts. The committee discussed whether to invite additional agencies and local government groups to testify, and staff said more responses, including from Ice Miller and the State Actuary, were expected for the October meeting. Finally, the committee heard a briefing on PERS 1/TERS 1 COLA policy and related bills from the last session. Staff reviewed the committee’s prior ongoing COLA recommendation, the SCPP-endorsed bills that would have created a one-time 3% COLA followed by an ongoing COLA, the Senate merger bill, and a separate ad hoc COLA bill. Public testimony largely supported Plan 1 COLAs and stable contribution rates, while several speakers urged caution about transferring LEOFF 1 surplus assets or merging legacy plans, and others raised concerns about climate risk and the pension fund’s investments. No further committee action was taken on the COLA item during this portion of the meeting.

Transcript Highlights:

• What is the rate on mechanics and what is the rate presently for body work?
• , similar to how mechanical warranty labor rates... ...prevailing market rates, similar to how mechanical
• It is important to note insurers regularly pay higher rates for mechanical shops, yet deny the same rates
• Again, it is based on an already substandard rate.
• do this for me, I'll work for that rate.

Keywords: 995, all

Summary: The Financial Services Committee heard testimony on several insurance, transportation, and labor-related bills. Senator Edwards supported bills addressing app-based delivery workers, arguing that food-delivery drivers should be treated as employees with protections and mileage reimbursement, and that a small surcharge on app-based deliveries could raise revenue for the Commonwealth and localities. Kevin Brousseau of the Massachusetts AFL-CIO also backed the delivery-worker bill, saying it would preserve employee status, add data transparency, and create a process for challenging deactivations. MAPC supported a bill to change transportation network company fees from a flat per-ride charge to a percentage-based assessment, saying the current fee is outdated and that a higher fee could raise more transportation revenue and help address congestion and emissions. A large portion of the hearing focused on auto insurance and collision repair issues. Insurance industry witnesses supported a bill to limit attorney’s fees in PIP cases by giving insurers 30 days after a complaint is served to pay amounts due without fee exposure, arguing that PIP litigation has surged, is clogging courts, and is being driven by out-of-state firms. They also opposed auto body labor-rate bills, saying the market is already adjusting and that a statutory floor is unnecessary. In contrast, auto body shop representatives and the Alliance of Automotive Service Providers of Massachusetts urged favorable action on bills to raise and regularly update collision repair labor rates, saying current reimbursement levels are far below market, have not kept pace with inflation or vehicle technology, and are making it hard to retain workers and keep small shops open. One witness also supported a bill to limit insurance surcharge points for low-damage accidents or minor moving violations. Committee members asked questions about deactivation rights for delivery workers, the mechanics of the PIP litigation issue, and the gap between body-shop and mechanical labor rates. Testimony emphasized that current auto body reimbursement rates are around the mid-$40s per hour, while mechanical work can be reimbursed at much higher rates, and that advisory-board discussions have produced only limited progress. At the end of the hearing, the chairs asked if anyone else wished to testify, then moved to close the hearing; the motion was seconded and approved unanimously.

Transcript Highlights:

• affordability and pending rate decisions.
• The PUC forecasts that in 2030, residential rates will be higher than the rate of inflation.
• And the rates keep coming. In 2024 alone, the big three IOUs raised their rates multiple times.
• This needs to be a threshold for increasing rates.
• rate programs are put in danger of being cut.

Summary: The committee first heard AB 13, which would restructure the CPUC to increase legislative oversight, add legislative liaisons, require more detailed and timely reporting on rate-setting decisions, and add a public advocate member. The author and supporters argued the bill would improve transparency, accountability, and geographic diversity in CPUC decision-making amid rising utility rates. Witnesses from TURN, San Joaquin County, SDG&E, and former CPUC Commissioner Loretta Lynch offered support or support-in-principle, while no opposition testimony was presented. Members generally praised the bill’s transparency goals, and AB 13 passed 10-0 to Appropriations, with the roll left open for absent members. The committee then adopted the 2025-2026 committee rules and approved three consent items: AB 61, AB 365, and AB 406. The next bill, AB 99, would cap investor-owned utility rate increases above inflation except for specified costs such as safety, modernization, and fuel/commodity costs. The author and supporters, including a representative of the California Senior Legislature, said the bill was needed to protect ratepayers, especially seniors and low-income customers, from repeated rate hikes. Opposition came from utility labor, utilities, the Chamber of Commerce, and others, who argued the bill was too simplistic, could suppress labor costs, and did not account for major cost drivers such as wildfire mitigation, mandates, and net metering. Several members supported moving the bill forward as a starting point on affordability, while others criticized it as overly blunt. AB 99 passed 11-0 to Appropriations, with the roll left open. The hearing then shifted to an informational panel on strategies to reduce California transmission costs. A Public Advocates Office staffer described a growing backlog of approved-but-unbuilt transmission projects, rising transmission access charges, and long project timelines driven largely by utility pre-application and construction periods. Panelists from Net Zero California and consulting firms presented research suggesting that public financing or public-private partnership lease models could reduce transmission costs by lowering financing, tax, and capital costs, with estimated savings of up to 57% and as much as $123 billion over 40 years. PG&E’s representative said the utility is already pursuing federal loan guarantees, grants, and a public-private partnership with Citizens Energy, but warned that state ownership could create tax, wildfire-liability, and governance risks. Members asked about the CPUC’s role, the causes of delays, and whether public financing could complement existing competitive solicitation processes.

Transcript Highlights:

• Florida's rate of pre-term deliveries fluctuate us over this time frame, though in 2023 2023 rates have
• With 2020 2022. 2023 rates below the 2019 rate.
• National rates available for comparison.
• While Florida Medicaid rates for this measure have remained below the national rates.
• While Florida's rate dropped by 6 percentage points, the national rate improve more than Florida's and

Transcript Highlights:

• I'm going to talk just briefly about our payment error rate.
• Our current payment error rate is 13.45% in overpayments. Our underpayment rate is less than 1%.
• We also have agency-caused payment Error rate.
• Chair, what is your current vacancy rate? Mr.
• of Medicare, New Mexico has relatively low Medicare rates.

Transcript Highlights:

• This discounted rate is upwards of 50% of what my cash pay rate may be.
• A rate.
• Part of that rate-setting standard is to get current data, to base that rate on current data, the most
• TDI, in setting this rate reduction, didn't consider 2023 and didn't consider 2024 in that rate reduction
• It was said that even TLTA has suggested a rate reduction, but their rate reduction that they proposed

Bills: HB345, HB721, HB2580, SB815, HB3057, HB4603, HB3233, SB495, HB3863, HB3914, HB4570, HB5099, HB5173, SB458

Keywords: insurance, appraisal process, disputed losses, residential property, policyholder rights, insurer obligations, natural disasters, appraisal expenses, umpire selection, policyholder, insurer, umpire, claims management, health care, cost disclosure, benefit plan, administrators, traumatic brain injury, health benefit plans, insurance coverage

Transcript Highlights:

• If the FFLA's income continues at these rates, the windfall caused by the new rate makes many financial
• One rate, the Wall Street Journal, is not the rate that the FFLA gets paid from.
• On March 1st, 2006, the interest rate was 7.5%. The Fed funds rate was 4.59%.
• When we tie these rates to lending, when we tie the rates for the IOTA accounts to lending rates as opposed
• When we tie the rates for the IOTA accounts to lending rates as opposed to savings rates, there isn't

Summary: The committee heard several bills and amendments, beginning with CS/SB 498 on trust fund interest for IOTA accounts. The sponsor said a 2023 Florida Supreme Court rule sharply increased interest paid into legal aid funding, creating a windfall and making participation difficult for banks. An amendment was adopted requiring savings institutions to pay the higher of 0.25% or the highest comparable rate offered on certain non-IOTA accounts, and the bill then passed favorably after testimony from banks, legal aid representatives, and other stakeholders both supporting and opposing the measure. The committee also approved CS/SB 232, which clarifies Florida’s consumer collection law applies only to phone calls during restricted hours and not emails or text messages, after a delete-all amendment and supportive testimony from industry groups. It then approved SB 132, as amended, to designate gold and silver as legal tender and set rules for custody, audits, electronic transfer, and government acceptance of payments; supporters called it a sound-money measure, while the banking association said it still had unresolved technical concerns. Later, the committee passed SB 1466 to create a trust fund for the My Safe Florida Home Program, with an amendment funding it from 20% of collected insurance premium tax revenue. It also considered SB 1206 on transportation network company insurance, reducing coverage during the “dead-leg” period before a rider is picked up from $1 million to lower limits; the bill drew sharp opposition from trial lawyers and support from insurers and some business groups, and the committee adopted a clarifying amendment before reporting the bill favorably. Finally, CS/SB 924 on fertility preservation for cancer patients was amended several times to narrow scope and clarify coverage rules, then passed favorably after debate over cost, preauthorization, and post-treatment storage obligations. The committee adjourned after allowing technical and conforming changes to implement the adopted amendments.

Transcript Highlights:

• to ICFs that were at the rate floor. to ICFs that were at the rate floor.
• all ICF rates as written. all ICF rates as written.
• system for rate change or rate increase system for rate change or rate increase to<00:31:51.360>
• 2023 was to establish a rate floor. 2023 was to establish a rate floor.
• There's the rate floors.

Keywords: 1187, senate, all

Transcript Highlights:

• Access to home health also results in a lower rehospitalization rate—34% lower hospital readmission rate
• Our rates are $8.28 less than the Mercer recommended rates.
• Rate studies are retrospective. The current rate study is based on FY 24 and 25 coverage.
• It's a request in the FY27 budget to fund the recommended rates from the current rate study.
• If the expansion request for the revised rate reimbursements is not granted and the rates are not increased

Transcript Highlights:

• CERIO PROVIDED TO ME EARLIER LAST YEAR OF WITH A LITIGATION RATE WAS.
• THE RATES IN SOUTH FLORIDA AND WHAT IS HAPPENING IN THAT CASE AS WE ALL KNOW CITIZEN RATES ARE ACTUARIALLY
• THE COMPANY THAT THEY ARE BEING MOVED TO HAS THE OPPORTUNITY TO INCREASE THE RATES BECAUSE YOUR RATES
• >> THEY ARE NOT MY RATES THEY ARE CITIZENS RATES. CITIZENS ARE ACTUARIALLY SUPPRESSED.
• >> ABSOLUTELY IF THEY MOVED TO A PLACE WHERE THE RATES WHERE IT'S 20 PERCENT IF THE CITIZENS RATE WAS

Keywords: 999, senate, all

Transcript Highlights:

• They adopt two different tax rates, a tax rate to fund debt service and a tax rate to fund maintenance
• increase in tax rates?
• the tax rates of school districts. out an 8% voter approval rate, not a 3.5% voter approval rate because
• rates.
• So that's one benchmark rate and then if they go over the voter approval rate, the other benchmark rate

Keywords: 1184, house, all

Transcript Highlights:

• rate cuts by the end of uh fiscal 27 Q2. rate cuts by the end of uh fiscal 27 Q2.
• wages and salary solid growth rates. wages and salary solid growth rates.
• tax rate world.
• Um, you know we broke the $2 billion... our rates above 10 and the average rate our rates above 10 and
• Uh the rate has already been tax rates.

Keywords: 958, all

Summary: The meeting focused on preliminary fiscal 2026 revenue estimates and the governor’s office request for an official revision to fiscal 2026, with members reminded that any estimate adopted now would not bind the December official estimates. Staff from S&P Global walked through three forecast scenarios—control, optimistic, and pessimistic—based on recent federal tax changes, tariffs, and other policy developments, emphasizing that the outlook remains highly uncertain. Under the control scenario, the presentation projected below-trend real GDP growth of 1.8% in fiscal 2026, slowing to 1.5% by fiscal 2028, with unemployment peaking around 4.5% and the Federal Reserve cutting rates three times to a long-run range of about 2.75% to 3%. The optimistic scenario assumed lower effective tariffs, stronger growth, and better labor and housing outcomes, while the pessimistic scenario assumed a broader trade war, higher effective tariffs, faster deportations, weaker employment and consumer spending, and unemployment rising to about 6.3%. Speakers also noted that the forecast was prepared before later BLS revisions and that recent data on inventories and AI-related investment made the recent quarters look unusually volatile. Members discussed how the current fiscal 2026 outlook compared with earlier assumptions and noted that the eventual revenue revision may be smaller than the spread between the optimistic and pessimistic economic scenarios. The governor’s office and committee members also reviewed sector-specific impacts, including manufacturing, housing, light vehicle production, exports, and consumer sentiment, with particular concern about Kentucky’s auto and housing-related industries. No votes or formal actions were taken in the portion provided.

Transcript Highlights:

• <00:19:02.480> what<00:19:02.679> rate improving the credit rating what rate improving
• in credit rating what the impact<00:19:11.280> of<00:19:11.440> rate<00:19:11.640>
• <00:19:17.039> without borrowed at a higher rate without borrowed at a higher rate without
• securitization what the impact to rate securitization what the impact to rate payers<00:19:20.320
• just and reasonable rates.

Keywords: 910, house, all

Summary: The committee on Energy and Environmental Protection heard testimony on Senate Bill 897, which would create a Wildlife Liability Trust Fund within DCCA for administrative purposes. The chair opened by noting the hearing had to end by noon because of floor session, and that written testimony would be considered if not all witnesses could speak. Testimony included support from DCCA, the Attorney General’s office, the Public Utilities Commission, Charter Communications, Ulupono Initiative, AES Hawaii, Hawaiian Electric, Clearway Energy Group, Kauai Island Utility Cooperative, Hawaiian Telcom, and IBW Local 1260, with opposition or concerns from the Hawaii Association for Justice and some others. Hawaiian Electric strongly supported the bill and asked for amendments, saying the fund would help address wildfire liability, protect customers and the economy, and support restoration of investment-grade credit; it also proposed a larger shareholder contribution and said the bill was part of a broader effort to raise settlement funds and improve grid safety and resiliency. Committee members focused heavily on whether the bill would actually lower costs for ratepayers and improve credit ratings. DCCA said there was a nexus between limiting liability, creating a sufficiently large wildfire fund, and transparent mitigation requirements, but acknowledged there was no guarantee of a credit-rating improvement or precise estimate of rate impacts. Members questioned Hawaiian Electric about the assumptions in its cost comparisons, the 30-year securitization structure, and whether funding could be shifted later to shareholders after credit was restored. Hawaiian Electric responded that the bill assumes the fund is paid through securitization, that removing that presumption could undermine the credit-rating benefit, and that its models suggest credit-spread savings could offset the customer charge over time; it also said it would follow up with additional analysis. The company and Ulupono both described the measure as a difficult but potentially necessary way to socialize wildfire risk and avoid a larger crisis later. The Hawaii Association for Justice opposed the bill’s liability caps and raised concerns about consumer rights, oversight discretion, statute-of-limitations changes, and evidence rules. Hawaiian Telcom suggested amendments to clarify compliance with FCC pole-attachment agreements. No vote or final action was taken during the portion of the hearing provided, and members indicated they wanted more analysis before being comfortable with the bill’s long-term ratepayer impacts.

Transcript Highlights:

• rate of 5 percent.
• The bill completely changes the interest rate from a simple fixed interest rate to a variable interest
• rate that changes every month.
• rate the committee decides.
• Problems with the variable rate.

Bills: HB40, HB1916, HB1973, HB2524, HB2530, HB3180, HB3421, HB3783, HB4170, HB4213, HB40

Keywords: business court, civil procedure, litigation, jurisdiction, arbitration, divorce, property division, family law, court jurisdiction, marital assets, parent-child relationship, birth certificate, identity proof, Family Code, court process, attorney fees, court costs, legal expenses, dispute resolution, child support