Transcript Highlights:

• c> skyrocket,<02:22:09.680> leaving fertilizer prices to skyrocket, leaving fertilizer prices
• <02:54:44.080> are a reckless war in Iran and prices are a reckless war in Iran and prices
• started and diesel prices are up 47%. started and diesel prices are up 47%.
• > have Residential natural gas prices have Residential natural gas prices have increased<02:54
• wildly higher gas and de diesel prices wildly higher gas and de diesel prices and<03:10:43.680><

Keywords: U.S. House of Representatives Floor Proceedings on Wednesday, April 22, 2026, 1012, house, all

Transcript Highlights:

• Equally important to prices are the volumes that get produced in New Mexico.
• Price is down, volume is a little up.
• You can see the last several months of price decline.
• as we forecast prices.
• So what we've seen is that there's a large increase in prices for change and break-even prices for a

Keywords: 996, all

Transcript Highlights:

• The convoluted nature of prices, of course, allows for price gouging, extra billing, and surprise billing
• There's a negotiated price that's set. They still just tried to get me for an extra price.
• Now, a lot of opponents say, well, adding price transparency costs and so forth, finding our cash prices
• Who's willing to take their client for the lowest price?
• The price varies widely, and a patient doesn't have a real reason to care once the price is over the

Bills: SB331, SB883, SB926, SB1137, SB1138, SB1144, SB1151, SB1236, SB1270, SB1522, SB1869, SB2207, SB2422

Keywords: healthcare, cost disclosure, transparency, administrative penalties, health facility compliance, COVID-19, off-label use, prescription drugs, patient access, medical standards, insurance, physician ranking, incentives, fiduciary duty, health plan issuers, SB 1137, group home, assisted living, residential care, board and care

Summary: The committee heard testimony on Senate Bill 883, which would protect physicians’ ability to prescribe off-label medications and treatments, framed by the author as a “Right to Treat” measure tied to COVID-19 care. Supporters, including physicians and patient-choice advocates, said the bill would safeguard the doctor-patient relationship and prevent interference by boards, pharmacies, or hospitals. Several witnesses described using hydroxychloroquine, ivermectin, budesonide, antibiotics, steroids, and monoclonal antibodies during the pandemic, and said they faced complaints, board scrutiny, or pharmacy refusals for those prescriptions. The bill was left pending after public testimony closed. The committee then took up Senate Bill 331, which would extend hospital price-transparency requirements to additional health care facilities such as freestanding ERs, urgent care and retail clinics, ambulatory surgical centers, outpatient clinics, and birthing centers. Proponents argued that broader disclosure of prices for shoppable services would help consumers compare costs and reduce surprise billing, while opponents from ambulatory surgery centers said the bill would impose costly compliance burdens on small providers and that insurers or the state already have much of the needed data. The bill was also left pending. Senate Bill 2422 would expunge Texas Medical Board records and impose reparations for disciplinary actions tied to COVID-era treatment decisions, including references to ivermectin, hydroxychloroquine, budesonide, and masks. The author and supporters argued that doctors were unfairly targeted for trying to save patients and should be made whole; the Texas Medical Board representative said most pandemic complaints were dismissed, that actions generally involved broader issues such as privileges, documentation, or informed consent, and that no physician was disciplined solely for prescribing off-label COVID medications. The bill was left pending. Finally, the committee heard Senate Bill 2207, which would loosen Texas Medical Board rules on physicians advertising themselves as board certified, especially by reducing barriers tied to maintenance of certification requirements. Supporters said the current rule is overly restrictive, inconsistent, and costly, and that it drives physicians out of practice; they also said Texas is one of only a few states with such a rule. Witnesses described hospitals using the rule against physicians and said the change would improve transparency and competition. The bill remained pending after testimony.

Transcript Highlights:

• The state's communities are sometimes hard-pressed because of soaring prices and the erratic price volatility
• I've seen some price points, and the price...
• The price point would be very competitive, if not more so than commercially produced.
• Because, as we've heard over and over again, the price of solar is being driven down by the market.
• It shows that across comparisons of prices, community solar gardens don't raise the price.

Bills: HF2103, HF2793

Keywords: energy, renewable energy, ammonia, hydrogen, certificate tracking, funding, environment, community solar, energy policy, sustainability, solar garden program, regulation sunset

Transcript Highlights:

• In prices, non-hospital providers would consistently quote cash prices that were both well below what
• The convoluted nature of prices, of course, allows for price gouging and leads to extra... ...billing
• There's a negotiated price that's set, yet they still tried to charge me an extra price.
• Opponents say that adding price transparency costs and so forth, finding our cash prices... ...very complex
• After finding the price range, that is when the bidding starts to take their client for the lowest price

Bills: SB331, SB883, SB926, SB1137, SB1138, SB1144, SB1151, SB1236, SB1270, SB1522, SB1869, SB2207, SB2422

Keywords: healthcare, cost disclosure, transparency, administrative penalties, health facility compliance, COVID-19, off-label use, prescription drugs, patient access, medical standards, insurance, physician ranking, incentives, fiduciary duty, health plan issuers, SB 1137, group home, assisted living, residential care, board and care

Transcript Highlights:

• President: Senator Abraham, Senator Cloud, Senator McMath present; Senator Price, President; Senator
• Senator Price, I'm just as surprised to be here as you are to see me.
• Thank you, Senator Price. Yes. Okay. Thank you, Senator Price.
• Thank you, Senator Price. Thank you, Mr. Chairman. Thank you, Senator Price. Thank you, Mr.
• Thank you, Senator Price. Okay, the board is clear.

Summary: The committee met with four members present and approved the May 7, 2026 minutes. It then considered a series of transportation, motor vehicle, aviation, port, and memorial designation bills. Several measures were reported favorably, including HB 1086 on electronic titling and digital title transfers, HB 745 extending special tandem load permits, HB 1175 updating the definition of aerospace, HB 1108 creating a Homeschool Proud license plate, HB 722 changing reinstatement procedures so certain suspended licenses are restored once fees are paid, HB 1024 creating a Louisiana Democratic Party license plate, HB 1173 giving drivers on reinstatement payment plans a three-month grace period before late fees apply, and HB 98 imposing a $25 annual royalty fee on a retired legislators’ plate to help restore the Pentagon Barracks. HB 487, dealing with red-light overtaking and an added fine, and HB 1032, a technical cleanup bill aligning DWI/drug-impairment language, were also reported favorably. HB 1050, a CDL cleanup bill that adjusts age and testing provisions and removes outdated vision-waiver language, and HB 1192, creating a Louisiana Dental Hygienist Association plate, were approved as well. HB 989, which would have raised public license tag agent convenience fees, was supported by private tag agents but drew questions about fee parity and business impacts; it was reported favorably. A separate bill on driving school pricing and refunds was deferred and turned into a study resolution after the sponsor said more stakeholder discussion was needed. The committee also advanced several memorial and infrastructure measures. HB 401 designated the Lance Corporal Justin McLeese Memorial Bridge, with members speaking about his military service and sacrifice. HB 1081 moved the Louisiana Ports and Waterways Investment Commission under the Office of Multimodal Commerce for administrative support while leaving port boards independent. HCR 63 created a task force to study whether certain active-duty military personnel could operate federally owned vehicles on state highways without a civilian license. HCR 69 urged priority improvements to the Interstate 12 corridor, especially the bottleneck and interchange areas near I-55, citing safety and evacuation concerns. SCR 58 asked DOTD to review public-private partnership practices, using the Belle Chasse Toll Bridge as a case study and focusing on lessons learned for future projects. HB 1001 designated a portion of U.S. 190 as the Jesse Jackson Memorial Highway. HB 1218 named Highway 1090 the Lewis Pett Miramon Memorial Highway, with family members and supporters describing Miramon’s wartime service and role in building Slidell. HB 1172 designated a highway segment in memory of a 14-year-old hit-and-run victim, Kulin Carrier. One major policy bill, SB 514, was amended and reported favorably. It updates Louisiana’s aeronautics statutes, transfers responsibility for aeronautics activities and facilities from the DOTD secretary to the Office of Multimodal Commerce commissioner, and modernizes the law to align with federal aviation rules and new technologies, including advanced aviation and electric vertical takeoff and landing programs. Members asked about the lengthy amendments, fuel tax language, airport development reporting, and the Transportation Trust Fund, and the sponsor and DOTD explained that the changes were largely technical and intended to keep Louisiana eligible for federal aviation funding and compliant with current standards. The committee also heard extensive testimony on HB 1244, which would add a brain-injury designation to driver’s licenses and require law-enforcement training. The sponsor and advocates described how the designation could help de-escalate encounters and improve safety for people with brain injuries; the bill was reported favorably, with members noting it could also cover broader brain-injury conditions if medically certified. After that testimony, the committee adjourned without objection.

Transcript Highlights:

• Under the current structure, tying tax to price.
• It treats comparable products equally and regardless of price, regardless of the price point, removes
• Yes, their prices will raise, and their taxes will raise, while the higher quality prices would climb
• And who may be impacted from a price standpoint?
• And who may be impacted from a price standpoint?

Bills: HB4322, HB4202, HB4203, HB4457, HB3983, HB3660, HB3802, HB2933, HB2955, HB2956, HB3781, HB3521, HB3794, HB3796, HB3800

Keywords: funeral services licensing, funeral director, embalmer, funeral director in charge, dual licensure, mortuary science, Oklahoma Funeral Board, funeral establishment, commercial embalming establishment, crematory, cremation, alkaline hydrolysis, apprenticeship, licensing requirements, professional regulation, undertaker, mortician, burial services, death care industry, workers' compensation

Transcript Highlights:

• We had to call individual doctors, anesthesiologists, and so forth to get a ballpark price.
• A bundle pricing program is important for several reasons.
• And so now you have what the total price is for the same type of service and so.
• And so they would be allowed to give a bundle pricing.
• It doesn't necessarily going to be the cheapest price. It may not be, but sometimes it will be.

Transcript Highlights:

• And they use Brent prices in their report.
• And they use Brent prices in their report.
• I'm just going to touch on prices.
• at $70, which would put our prices at $60.
• at $70, which would put our prices at $60.

Keywords: 908, all

Summary: The Leadership Division of the Budget Section approved the prior meeting minutes and then received an update from Senator Jonathan Sickler on the Cash Management Board’s interim work under House Bill 1278. He said the board has reviewed state cash, investments, and liquidity across agencies and concluded the state’s overall mix of long-term and short-term assets is appropriate, with about $35 billion in total liquid assets and investments and roughly 89% in longer-term investments. He highlighted process improvements already underway, including replacing more than 500 six-month CDs with a special-rate savings account to reduce administrative work, and said the board sees opportunities to improve forecasting, automation, and statewide coordination. Members asked about whether the CD change would increase returns, how the Legacy Fund transfer for the homestead tax relief bill affected earnings, and whether more state cash could be consolidated or better managed through BND; Sickler and BND staff said those issues are being studied and may lead to legislation for the 2027 session. Representative Nathan Toman then updated the committee on the Task Force on Government Efficiency. He said the group has focused less on cutting dollars and more on defining metrics and asking how the legislature knows whether programs are working. The task force is pushing a standard set of questions for new or expanding programs—who is affected, expected outcomes, alternatives, how success will be measured, and full funding—and OMB has agreed to require those answers in future budget requests. Members discussed possible use of dashboards, program evaluators, AI tools, and possible rule or statutory changes to require performance measurement. Toman said the task force will continue meeting with agencies such as the courts, university system, auditor, HHS, Commerce, and ITD to identify workflow bottlenecks and potential efficiencies. Phil Davis of Job Service North Dakota gave a workforce update, reporting that North Dakota’s unemployment rate is 2.5% and labor force participation is about 68.7%, both well above national performance. He described Job Service’s 15 workforce programs, including H-2A housing inspections for foreign agricultural workers, the job placement partnership program with DOCR, WOTC, and other federal and state workforce efforts. Davis said the agency served more than 11,000 individuals in 2025, operates nine workforce centers, and tracks outcomes through quarterly and annual reporting. In response to questions, he said job openings data reflect only positions in the system and may understate actual hiring needs, that child care and other assistance programs could be better tied to employment outcomes, and that the DOCR partnership has shown strong results with lower recidivism and higher earnings. He also said the H-2A inspection workload is growing quickly and additional staffing or less frequent federal inspection requirements could help. Allen Knutson then presented S&P Global’s updated revenue forecast. He said oil prices have risen sharply since the prior month’s outlook, improving the state’s near-term revenue picture, though the economy remains volatile and agriculture is facing weaker commodity prices. Based on the updated forecast, total major tax revenues for the current biennium are projected to be about $89 million above the legislative forecast, and the next biennium could be about $500 million higher, though that estimate is preliminary and may change. He also walked through an alternate oil-price scenario showing significantly higher oil and gas collections and a larger Strategic Investment Fund balance if prices remain elevated. Members asked whether another forecast should be requested once oil markets stabilize and about tribal allocation changes in the alternative scenario; Knutson said additional updates are possible through OMB and future forecast cycles.

Transcript Highlights:

• Connecticut, Rhode Island, their prices Connecticut, Rhode Island, their prices have<00:29:34.080
• regulations that are raising prices. regulations that are raising prices.
• Locked out, priced out, ownership.
• paying the price for Trump's tariffs. paying the price for Trump's tariffs.
• It's the price of gas or a house.

Keywords: U.S. House of Representatives Floor Proceedings on Friday, January 9, 2026, 1012, house, all

Transcript Highlights:

• The bill sets a price cap of 10% above the original ticket price.
• <00:42:21.080> Price<00:42:21.360> caps the original ticket price.
• Price caps the original ticket price.
• pricing, and payday lending. pricing, and payday lending.
• original price was. original price was.

Keywords: 927, senate, all

Transcript Highlights:

• burning fossil fuel in the price. burning fossil fuel in the price.
• It will raise prices on all goods and services because you're raising price on fuel.
• It will raise prices on all goods and services because you're raising price on fuel.
• <00:46:25.200> on<00:46:25.440> everything, the prices on everything, the prices on
• In fact, they they to raise prices.

Bills: SB2309, SB2317, SB2318, SB2319, SB2321, SB2323, SB2332, SB2405, SB2485

Keywords: agricultural loans, financial support, Hawaii agriculture, food security, revolving fund, agriculture, insurance, small producers, state support, biosecurity, farm coverage, public-private partnerships, agricultural policy, agricultural statistics, data collection, Department of Agriculture and Biosecurity, economic analysis, market development, grant funding, climate resiliency

Summary: The committee heard testimony on several agriculture-related measures, beginning with SB 2309, which would require the agricultural loan division to sell portions of its loan portfolio and use the proceeds to expand the agriculture loan revolving fund. The Department of Agriculture and Biosecurity and the Hawaii Farm Bureau supported the bill, along with several other organizations and individuals. A committee question focused on the risk of not finding a qualified buyer for the loan portfolio; DAB said a mandatory sale of the full amount could force a less favorable rate, while flexibility to sell different amounts could produce a more equitable return. The measure drew eight supporters and no opposition. The committee then took up SB 2317, which directs DAB to study insurance coverage for small producers and report back to the Legislature. DAB and multiple farm groups supported the bill. In response to a question about cost, DAB estimated about $250,000 would be needed, with the study likely covering crop, health, and liability insurance. The next measure, SB 2318, would establish an agriculture statistics program in statute. DAB said it strongly supported the bill and could ramp up quickly if positions were provided; the committee discussed whether a first report could be completed by year’s end if the bill became law midyear, and DAB said yes. SB 2319, which would fund and make permanent a full-time grant writer position at DAB, also drew strong support from DAB, the Hawaii Farm Bureau, Ulupono Initiative, the Hawaii Cattlemen’s Council, the local food coalition, and others, with testifiers emphasizing the position’s return on investment and success in bringing in federal funds. The committee also heard SB 2321, establishing a two-year pilot program to respond to the twoline spittlebug. DAB, ranching groups, and many others supported the bill, citing the pest’s spread and the need to act before it becomes unmanageable. A DAB pest control manager said he would need to research past response details and provide them later. Members emphasized the importance of early intervention. For SB 2323, which creates a farmland transition commission to study barriers to farmland access and recommend solutions, DAB offered comments and support for the intent, while farm groups generally supported the concept but raised concerns about the proposed age range and whether a separate commission was necessary. DAB said the Board of Agriculture likely would not have the capacity to perform the commission’s duties and estimated there would be costs to establish it, though no figure was available at the hearing. Finally, the committee heard SB 2332, which reestablishes the agriculture and food security special fund, creates a carbon emissions tax and dividend fund, gradually raises carbon-related tax rates, and provides a refundable carbon cashback credit. DAB supported the measure and deferred to Taxation on details; the Department of Taxation said it would stand on its comments, and the Attorney General’s office offered comments and recommendations. Carbon Cashback Hawaii and the County of Hawaii Department of Research and Development supported the bill, arguing it would reduce emissions, protect lower-income households, and be relatively simple to administer.

Transcript Highlights:

• We already do provide a lot of, like, aggregated pricing information.
• know, raise that price based on these assumptions and...
• <01:05:34.079> they have their lowest price so that they have their lowest price so that they
• amendment before the PUC so that price amendment before the PUC so that price you<01:13:06.960><
• project with the higher price. project with the higher price.

Bills: SB2033, SB2487, SB2497, SB2471, SB2829

Keywords: renewable energy, grid-ready homes, interconnection process, electric utility, energy independence, surcharge, customer access, energy storage, smart inverters, Public Utilities Commission, PUC, electric utility rates, ratemaking, performance-based regulation, performance-based incentives, performance incentive mechanisms, revenue adjustment mechanisms, cost control mechanisms, reward and penalty mechanisms, alternative ratemaking

Summary: The committee first reconvened on SB 2471 and SB 2829, both relating to the powers of artificial persons. After discussion with the Attorney General’s office and a prior Q&A period, the chair said the committee would defer decision-making again, with the intent to return with amended versions of both bills that could gain support from the administration and its lawyers. The measures were deferred to Tuesday, February 10, 2026, in Conference Room 229 at 9:30 a.m. The committee then took up SB 2180, relating to deposits of public funds. Members noted late testimony from the prior day’s joint hearing with the Housing Committee and moved to pass the bill out with amendments, including a defective effective date. The motion carried unanimously among those voting: the chair, vice chair, Senator Lamosao, and Senator Awa voted aye; Senator McKelvey was excused. The measure was adopted. A joint hearing followed on SB 2033, relating to renewable energy and a streamlined grid-ready homes interconnection process. The PUC supported the bill’s intent but raised concerns about the time, resources, and stakeholder input needed to establish the proposed process, and asked for clarification of terms such as “grid-ready homes” and the role of HERA. Hawaiian Electric said it supported the intent but opposed the proposed process and HERA funding use. The Hawaii Solar Energy Association strongly supported the bill, arguing that faster interconnection is needed to meet rooftop solar goals and lower costs over time. Testimony totaled 27 in support, two in opposition, and four with comments. Members questioned costs, consumer protections, and whether the bill would burden low- and moderate-income households; the bill’s supporters said amendments could clarify the definition of grid-ready homes and add guardrails, while acknowledging that upfront costs and interconnection costs would still need to be addressed.

Transcript Highlights:

• House Bill 1612 addresses hospital pricing disparities.
• Hiding prices, conversely, allows for bad conduct, frankly.
• As a result, high-cost prices went down.
• pushing those prices down.
• upfront, they're able to shop around and get lower prices.

Bills: HB35, HB138, HB754, HB1314, HB1612, HB2254, HB2510, HB2789, HB3560, HB3597, HB4224, HB4273, HB4643, HB4783, HB138

Keywords: peer support, first responders, mental health, confidentiality, emergency services, health impact analysis, cost analysis, coverage mandates, health insurance, legislative analysis, health care data, human trafficking, trafficking prevention, medical assistant training, health care facilities, hospital compliance, clinic compliance, anti-retaliation, whistleblower protection, employee reporting

Transcript Highlights:

• increases on government impact of price increases on government operations<00:31:02.240> the<
• factors to adjust for changing prices factors to adjust for changing prices but<00:32:02.240>
• underlying statute sort of assumes price underlying statute sort of assumes price growth<00:32:32.039
• Chair, we look at the statutory formulas underlying different spending areas to identify where prices
• <00:50:26.400> um nursing facilities has periodic price um nursing facilities has periodic

Bills: HF3

Keywords: legislative auditor, reporting, accountability, state finance, executive agency oversight, 1183, house

Transcript Highlights:

• So in the last four years, we have worked really hard to lower our prices.
• In the last four years, we have worked really hard to lower our prices.
• In the last four years, we have worked really hard to lower our prices.
• In the last four years, we have worked really hard to lower our prices.
• <00:51:37.119> um the same product for half the price um the same product for half the price

Keywords: 928, house, all

Summary: The work session focused on HB 54, which would allow New Hampshire’s alternative treatment centers to operate for profit. Chair David Nagel opened by identifying the main concerns: whether members agreed with the bill conceptually, whether the proposal could be shaped to avoid a gubernatorial veto, and whether it could lead to “big cannabis” taking over. He also emphasized that the bill would not change the existing oversight structure, which remained under RSA 126-X. Representative Wendy Thomas said the governor’s objections in past sessions appeared to center on the state’s preference for a state-run model and broader policy concerns, but no one present knew the current governor’s position. Several speakers argued the bill was primarily about financing and access, not expanding the number of dispensaries. Matt Simon of Granite Leaf Cannabis said the current nonprofit structure makes it difficult to raise capital, pay down debt, and open additional access points, and that the bill would be a corporate restructuring rather than a change in day-to-day regulation. Brandon Pollock of TASCAL Wellness said medical cannabis programs in most other states are for-profit, and that New Hampshire’s nonprofit requirement has left ATCs burdened with high-interest debt and higher prices that push patients to Maine, Vermont, or the street market. He said converting to for-profit status could allow conventional financing, lower prices, and help keep patients in the regulated program. Members also discussed whether for-profit ownership would invite outside corporate control. Witnesses said the bill would not open the market to new operators, would not change advertising rules, and would include restrictions on ownership transfers for a period of time; “foreign corporation” was explained as an out-of-state entity. One speaker noted that the bill is similar to earlier versions that passed both chambers with strong support but never became law. No vote was taken during the work session; the discussion was informational and aimed at addressing concerns before the bill moved forward.

Transcript Highlights:

• She said HB 743 is looking to get some upfront price pricing and also some pricing transparency, which
• <01:16:33.400> pricing to uh get some upfront uh price pricing to uh get some upfront uh price
• care price transparency.
• paying that price.
• c> is market pricing but market pricing is market pricing but market pricing is just<02:04:27.159

Keywords: 1189, house, all

Transcript Highlights:

• The same study between 2022 and 2025 found library ebook prices rose much faster than retail prices.
• rose much faster than ebook prices rose much faster than retail<00:09:55.040> prices.
• For e audio, library retail prices.
• libraries far more than price libraries far more than price individuals<00:14:36.480> pay.
• pricing that you were talking about Mr. pricing that you were talking about Mr.

Bills: HF3698, HF3067, HF3730

Keywords: libraries, electronic books, digital audiobooks, licensing agreements, public access, paraprofessional, paraprofessional qualifications, education support staff, teacher aide, teacher assistant, special education, Title I, federal personnel qualifications, Minnesota Department of Education, school district, charter school, cooperative unit, Read Act, reading instruction, math instruction

Transcript Highlights:

• bring money back due to higher fuel prices.
• So in what way would this help reduce fuel prices?
• So in what way would this help reduce fuel prices? Well, the bill is never to reduce fuel prices.
• Fuel prices are high already.
• Gas prices is extremely high.

Summary: The Arkansas Boys State House convened with a quorum, heard opening remarks from legislative leaders and guests, and then considered a series of bills focused on rural services, education, taxes, and zoning. House Bill 1001 would have increased rural health care funding through a 10% tax on individuals earning at least $300,000; supporters argued it would improve access and quality in rural areas, while opponents raised concerns about fairness, long-term funding, and whether it would drive away doctors and taxpayers. The bill failed by a vote of 24 yeas, 51 nays, and 1 present. House Bill 1002 would have limited the number of subjects rural teachers could be assigned and offered sign-on bonuses to recruit more teachers; supporters said it would reduce burnout and improve specialization, while opponents questioned funding and whether it would worsen inequities. After immediate consideration, it passed narrowly, 38 yeas, 36 nays, and 2 present. The House then debated House Bill 1003, which would regulate AI data centers through county zoning authority and a 10% tax on corporations to fund conservation efforts. Supporters said counties should be able to decide whether data centers fit local needs, while opponents warned about lost jobs, higher costs, and federal-state jurisdiction issues. The bill passed 62 yeas, 7 nays, and 3 present. House Bill 1004 would have reduced motor vehicle registration fees to offset high fuel costs, but critics argued it would reduce highway and road funding and strain the state budget; it failed 20 yeas, 46 nays, and 4 present. The chamber then took up Senate bills. Senate Bill 1 proposed incentives tied to SNAP benefits to encourage healthier food purchases and address food insecurity and obesity; supporters framed it as a way to improve access to healthy food, while opponents objected to taxing junk food and burdening SNAP users. It passed 43 yeas and 27 nays. Senate Bill 2 would require reading tests in middle school and state tutoring for students who fail; supporters said it would address literacy problems early, while opponents wanted clearer provisions for older students and implementation. It passed 67 yeas, 6 nays, and 1 present. Senate Bill 3 would cut individual and corporate income taxes to promote economic growth and ease cost-of-living pressures; supporters cited prior tax cuts and business attraction, while opponents said the benefits would mostly go to wealthy corporations and CEOs. It passed 53 yeas, 15 nays, and 16 present. Senate Bill 4 created a mixed-use zoning grant program funded by a 1% hotel tourism tax to encourage affordable housing and downtown redevelopment; it passed 51 yeas, 7 nays, and 13 present. The session ended with a motion to adjourn, which carried.

Transcript Highlights:

• <00:26:24.240> tend oil prices. uh you know oil prices tend oil prices. uh you know oil prices
• <00:31:20.080> So, consumer price index to fall. So, consumer price index to fall.
• This is a simple demand model: own price, price of substitute goods, and an income variable.
• Prices last September were spot market prices for central Appalachian coal was $82.15.
• c> model uh own price uh price of uh model uh own price uh price of uh substitute<02:42:31.920> goods

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.