Transcript Highlights:

• </c><00:07:45.000><c> Through</c> depreciation and the rate. Through depreciation and the rate.
• So, it's just and we kept just the rate. So, it's just the<00:07:50.760><c> rate.
• </c> the rate. There's actually two rates. the rate. There's actually two rates.
• </c> Rate Rate the session on 1 to 10. Rate Rate the session on 1 to 10.
• </c> Where would I rate it 1 through 10? Where would I rate it 1 through 10?

Keywords: 918, senate, all

Summary: Legislators and reporters discussed the final contours of a Minnesota bonding and tax package centered on a $1.2 billion capital investment bill. Supporters said the bill would fund state and local infrastructure projects, maintain state assets, and include anti-fraud measures such as electronic verification for service providers and a 100% excess tax on fraud proceeds to prevent offenders from profiting. They also said the package would backfill road-and-bridge funding so the fee reduction would not reduce transportation dollars. A major point of emphasis was a temporary reduction in tab fees, described as a $254 million savings for taxpayers in 2027. Republicans said the reduction was a top priority and that it was secured through negotiations, though they acknowledged it is only a one-year reprieve unless changed in a future session. They estimated the average savings at about $145 on a $50,000 vehicle, with larger savings for households with multiple vehicles. They also noted that the first proposal had included both a depreciation change and a rate change, but only the rate cut remained in the final compromise. In response to questions, lawmakers said the tab fee cut was driven by constituent complaints and that they would try to extend it next year. They also discussed related transportation issues, including accelerating collection of an auto parts sales tax and concerns about greenhouse gas-related costs for roads and bridges. On other topics, one lawmaker said gun control proposals in the House were not part of these negotiations and urged continued movement on the broader package. No formal vote was taken in the exchange, but participants expressed confidence that the bonding portion of the deal was largely settled, while some details of the full package still needed to be finalized.

Transcript Highlights:

• Currently, Florida's payment error rate is at the highest.
• Error rate that we're facing, according to DCF.
• That's why our error rate is so high. Your bill...
• Payment error rate.
• We're at this high error rate, and we're kind of blaming recipients for the error rate.

Transcript Highlights:

• rate.
• A four-year rate refers to students who graduate high school in four years, and a five-year rate refers
• anything specific in that as a plan to do with graduation rates or withdrawal rates.
• ...rates?
• We'll start with school ratings.

Summary: The committee received a lengthy Bureau of Legislative Research presentation on Arkansas academic standards, accountability systems, and adequacy-related requirements. Staff reviewed the history of state curriculum and accreditation laws, the current standards for grades K-12, required high school units and graduation pathways, and recent changes such as career-ready pathways, embedded instruction requirements, and the distinction between courses required to be offered versus courses actually taken by students. Members asked for a chart comparing the 1997, 2003, 2015, 2017, and later law changes, and staff agreed to provide one. The presentation then turned to the federal ESSA plan and Arkansas’s state accountability system. Staff summarized ESSA requirements, Arkansas’s long-term goals for proficiency, English learner progress, and graduation rates, and recent data showing that 2025 proficiency rates remained well below the 80% goal, while English learner progress and graduation rates were also below long-term targets. The committee discussed school support and improvement, equitable access to educators, report cards, and the apparent lack of evidence that equity labs are currently being conducted. Members requested follow-up from the Department of Education on equity labs, report card data, and whether the ESSA plan can be changed. The presentation also covered state assessment results under the Arkansas Accountability Act, including ATLAS, DLM, ELPA 21, ACT, and NAEP data, along with teacher access measures and geographic shortage districts. Staff reported that Title I and high-poverty schools tend to have more emergency/provisional teachers and less experienced staff, and that shortage districts are concentrated in parts of the state. Members asked for additional information on test highs and lows, the number of assessments students take, dropout data, and whether higher teacher salaries have affected shortage areas. The committee also discussed district levels of support under the state accountability system, including the possibility of state intervention at the highest level of support.

Transcript Highlights:

• on the fixed cost in rate making.
• And in the future, as we rate make going forward, it's going to put more downward pressure on those rates
• So rates are already set. Rates have already been set. Rates have already been set.
• So rates are already set. Rates have already been set by the PSC. They've taken the cost.
• They've said, these are the rates.

Summary: The Committee on Utilities first took up House Committee Substitute for House Bills 2762, 2816, and 2402, a solar-energy measure. The committee substitute combined the bills’ titles and focused on three main areas: a taxation framework for solar projects, setback requirements from occupied dwellings and property lines, and a decommissioning/bonding framework for project cleanup. Supporters said the bill would create baseline rules for a growing industry, protect neighboring landowners, and ensure land is restored after projects end. Members asked about Chapter 100 agreements, the setback distances, county rulemaking authority, and how reclamation and bonding would work. The committee adopted the amendment, rolled it into a new substitute, and then voted the substitute do pass by 18 ayes and 2 noes. The committee then heard House Bill 2248, which would change Missouri’s economic development electric rate structure and close a loophole that could allow data centers under 75 megawatts to receive reduced rates. The sponsor and utility witnesses said the bill would make incentives more predictable by replacing a variable formula with a fixed discount for qualifying new industrial projects, while still requiring customers to pay full cost to serve and meet load-factor and other requirements. Witnesses from Evergy, Ameren Missouri, the Missouri Chamber, and Ford discussed the value of incentives for manufacturing, the difference between new load and retention of existing large users, and whether the bill should also address retention discounts. No action was taken on the bill during the hearing. Finally, the committee heard Senate Substitute for Senate Committee Substitute for Senate Bill 903, which would expand critical infrastructure protections. The bill adds wireline and broadband facilities to the definition of critical infrastructure, increases penalties for damaging or tampering with such facilities, and creates an offense for unauthorized possession of certain stolen materials such as copper and related telecom materials. The sponsor and witnesses from AT&T, Verizon, cable, railroad, electric cooperative, recycling, municipal utility, and chamber groups said the measure responds to rising theft and vandalism, including copper theft and fiber cuts that disrupt 911 and other services. Members asked about scrap dealers, fiber versus copper, trespassing concerns, and whether harsher penalties would deter theft. The hearing concluded without a vote, and the committee adjourned after testimony.

Transcript Highlights:

• </c> would do is lower that tax rate. would do is lower that tax rate.
• The highest tax rate is not going to be the optimal tax rate. It's just not.
• . rate. rate.
• rate. Uh it's a has to be coupled with rate.
• What is the tax base rate? What is the tax base rate?

Keywords: 912, senate, all

Transcript Highlights:

• Again, this is without any provider rate adjustment.
• So as those rates... ...assisted living facilities and others, so as those rates increase, we do see
• We pay hospitals at a certain rate today. That is the Medicaid rate.
• Most other providers were paid 90% of Medicare rates.
• been at the Medicare rate with the upper payment limit.

Summary: The Joint Finance-Appropriations Committee held a budget hearing on the Division of Medicaid within the Department of Health and Welfare. Legislative Services analyst Alex Williamson reviewed Medicaid’s five budgeted programs, enrollment groups, staffing, historic spending growth, and the distinction between ongoing base adjustments and one-time enhancements. She explained that most Medicaid spending is in trust and benefit payments, discussed the large FY 2026 and FY 2027 budget changes, and walked through the governor’s recommendations, including hospital assessment fund alignment, claims forecast updates, MMIS procurement funding, estate recovery, program integrity support, and population forecast adjustments. Members asked extensive questions about the 4% provider rate reduction, the expansion population, federal match rates, and the effect of House Bill 345 and federal changes on Medicaid costs and eligibility. Williamson and Deputy Director Sasha O’Connell said the expansion population has declined, but costs are driven by utilization, provider rates, pharmacy, hospital, developmental disability, behavioral health, and long-term care services. They said the department is pursuing cost containment through prior authorization, redeterminations, higher cost sharing, and program integrity efforts, while noting that expansion is codified in law and any repeal or major eligibility change would require legislative action and could affect hospital assessment revenue and other offsets. The committee also discussed the MMIS replacement project, with lawmakers emphasizing milestone-based funding and risk control. O’Connell explained the estate recovery request as a replacement case management system plus contractor support to help recover Medicaid costs from estates, and said the program is federally required and revenue-generating. Several members raised concerns about backlogs, contractor costs, and whether AI or other technology could improve efficiency in program integrity and estate recovery. No votes were taken during the hearing; the discussion remained informational and focused on the governor’s budget recommendations and possible future reductions or policy changes.

Transcript Highlights:

• So the provider rate reductions is what you're speaking to.
• So the provider rate reductions is what you're speaking to.
• We don't set those rates. The feds set those rates.
• Again, we tie back to a percentage of Medicare rates.
• Others will be at the $4 rate because we pursued what the highest rate that was approved in any other

Summary: The Senate Health and Welfare Committee approved the January 26 and January 27, 2026 minutes, then took up the gubernatorial appointment of Juliet Sharon as director of the Idaho Department of Health and Welfare. Sharon described her background in public health and Medicaid administration in Arizona, Texas, and Idaho, and outlined her priorities if confirmed: program integrity, efficient operations, clearer outcome measures, child welfare, disability services, and resolving long-running class action lawsuits. Senators asked about measurable goals, balancing compassion with fiscal responsibility, audit findings, and collaboration with the disability community. Sharon said she expects to more than double program integrity recoveries, that audit findings are being addressed through corrective action plans rather than firings, and that disability collaboration should be embedded in daily operations. Committee members also discussed Idaho’s influence on federal policy and Medicaid administration. No vote on the appointment was taken in the portion provided. The committee then heard a lengthy Medicaid budget presentation focused on the Department’s supplemental request for state fiscal year 2026 and line-item requests for 2027. Sharon and Deputy Director/State Medicaid Director Sasha O’Connell explained that the supplemental request was driven by caseload growth, especially in traditional Medicaid, adult disability services, and youth/adult behavioral health, along with federally required rate and system changes. They also reviewed the impact of the governor-directed 4% provider rate reduction and the ending of some adult behavioral health services, saying the department had already been tracking budget sustainability before the executive order. O’Connell said the rate cuts drew the most public comment the agency has ever received, especially from home- and community-based providers, and that access monitoring is being developed to track whether services remain available. For 2027, the department requested funding for MMIS procurement, estate recovery, additional procurement staff, Medicaid admin reductions, and population forecast adjustments. Sharon said the MMIS modernization is on pause because of litigation over a major contract award, but other modules are moving forward. She also said estate recovery is underperforming and could bring in more general funds with contractor support. The committee discussed pharmacy costs and a possible Medicaid copay under House Bill 345, with Sharon saying implementation is underway and O’Connell noting savings estimates are still being developed. Senators also asked about expansion Medicaid growth and whether it affects other eligibility groups; Sharon said expansion growth is leveling off and that recovery rules apply to any Medicaid member receiving long-term care services. The meeting ended without any budget votes in the excerpt provided.

Transcript Highlights:

• , high interest rates and buyers' expectations that interest rates will decline if they wait.
• , high interest rates and buyers' expectations that interest rates will decline if they wait.
• , high interest rates and buyers' expectations that interest rates will decline if they wait.
• , high interest rates and buyers' expectations that interest rates will decline if they wait.
• , high interest rates and buyers' expectations that interest rates will decline if they wait.

Keywords: Meeting Start 00:00:07 Roll Call 00:00:14 Discussion of Pro-Growth Housing Policies 00:02:01 Discussion of Historic Rehabilitation Tax Credit 01:11:13 Adjournment 01:40:27, 958, all

Summary: The Kentucky Housing Task Force met and heard first from the Kentucky Chamber of Commerce, which presented findings from a housing study done with the Home Builders Association. The chamber said housing is now a major economic-development issue, citing survey results that 90% of community leaders said their region could not absorb a major job announcement and 66% said housing is holding back Kentucky’s economy. The chamber described Kentucky’s housing shortage, rising home prices, declining permits since 2008, and the need for more production to support growth. It urged policy changes including zoning and land-use reform, tax incentives, regional approaches, and especially a residential infrastructure fund modeled on Indiana’s low-interest loan program to help communities finance roads and other infrastructure needed for new housing. Members asked about the severity of the problem, workforce shortages in permitting and construction, the loan interest rate, repayment, and whether Kentucky could replicate Indiana’s results; the witness said the issue is a crisis and that the program would be a revolving public-private partnership, likely around 3% interest, with implementation details still to be worked out. The Kentucky Bankers Association then testified that the housing gap is especially acute for households at 80% of area median income and below, which it said represents about 70% of Kentucky’s housing need. It emphasized that the shortage affects both urban and rural counties and pointed to examples such as Rowan County, where workers at major employers must commute long distances because local housing is unavailable or unaffordable. The bankers said high interest rates remain a major barrier and proposed a $20 million bank commitment for a revolving fund tied to tax credits to finance new housing, not refinances. They cited Hope of the Midwest as an example of a successful tax-credit housing model with a long track record and no defaults, and said the proposal would leverage public-private partnerships to create new units. Committee members questioned how the proposed fund would compare with industrial revenue bonds and whether it could be structured like Kentucky’s tobacco settlement fund, with seed money, a review board, scoring criteria, and possible population thresholds to ensure smaller communities benefit. The bankers said the proposal would be another tool for cities and counties, specifically tied to residential infrastructure, and that larger cities should not be able to capture all of the resources. No formal votes or actions were taken during this portion of the meeting.

Transcript Highlights:

• rate.
• rate.
• an upper-bound rate.
• So the reduction of the self-directed rate would actually take the rate, and there are three rate categories
• When we look at rates and we look at the rate range, we've done a lot of work to get our provider rate

Keywords: 959, house, all

Transcript Highlights:

• local rate of 2% for a maximum combined state and local rate of 8.25%.
• The tax rate is $2,500. on debt service and a tax rate to fund maintenance and operations as determined
• total school district. rate.
• He referred to his closing loopholes in the no new revenue tax rate and voter approval tax rate calculations
• Uncontrollably and there are things we can do to to control property tax rate rates better than we have

Keywords: 1184, house, all

Transcript Highlights:

• Sprained right knee: market rate is $1,700.
• Freestanding emergency room rate: $8,500, five times the market rate. Migraine headache.
• The market rate is the rate that Blue Cross of Idaho pays emergency rooms in Idaho for that particular
• The freestanding emergency room rate is the billed rate that we then receive from these freestanding
• The freestanding emergency room rate is the billed rate that we then receive from these freestanding

Summary: The Senate Commerce Committee first approved the minutes from February 12, 2026, and then voted to send the gubernatorial reappointment of Trent Nate to the Idaho Health Insurance Exchange Board to the full Senate with a recommendation for confirmation. The committee then heard several code-cleanup bills from Senator Todd Lakey. Senate Bill 1274 would remove obsolete references in state law related to the transfer of county public defender employees, comp time, and an employee problem-solving procedure; Senate Bill 1275 would delete outdated provisions concerning veterans’ assets and the North Idaho Veterans Home; and Senate Bill 1273 would repeal several obsolete PERSI-related provisions tied to old retirement and contribution arrangements. Each of those bills drew no testimony or opposition and was sent to the Senate floor with a due-pass recommendation. The committee spent most of the meeting on Senate Bill 1319, the Emergency Care Affordability Act, sponsored by Senator Burt. The bill would create a new chapter in Title 41 governing billing and reimbursement for out-of-network freestanding emergency rooms, requiring them to accept the local in-network allowed amount for emergency services from state-regulated health plans, disclose that they do not accept Medicare, Medicaid, or TRICARE, and allow self-funded plans to opt in. Supporters, including Blue Cross of Idaho and the Association of Health Plans, argued that freestanding ERs are exploiting the federal No Surprises Act and its independent dispute resolution process by sending nearly all claims to arbitration at inflated rates, which they said raises premiums for Idaho consumers and state employee health plans. They said the bill is intended to address a loophole and does not affect hospital ERs or other emergency billing disputes. Committee members raised questions about EMTALA, federal preemption, whether the bill targets one business model, and whether patients are actually being balance-billed. Supporters said EMTALA still requires treatment, but the bill is aimed at billing practices and transparency, not access to emergency care. Some senators expressed concern about singling out one provider type and possible legal issues, while others said the bill was justified because insurers are required to cover emergency care and the current federal dispute process is driving up costs. After discussion, the committee approved Senate Bill 1319 on a 6-3 roll call vote and sent it to the Senate floor with a do-pass recommendation.

Transcript Highlights:

• buyers really are rate sensitive.
• </c> asked the question just how rate asked the question just how rate sensitive<00:07:57.000><c> are
• </c> really are rate really are rate sensitive<00:08:20.039><c> thinking</c><00:08:20.520><c> through
• Oh boy, interest rates. I am not a lender and not a rate expert.
• He said he feels stuck because of his rate, low inventory, rates, and everything.

Keywords: 1183, house

Transcript Highlights:

• rates rates wages retention employment rates rates wages retention and<00:13:24.600><c> turnover</c><
• </c><00:47:54.920><c> automatic</c> of the model rates with annual automatic of the model rates with
• SUD reimbursement rates have only been increased by $39 per day, or 15.7%, while labor rates during
• </c> support this bill including rate support this bill including rate increases<00:51:41.280><c> for
• We rely almost entirely on the rates established by the legislature, and when those rates lag behind,

Keywords: 1187, senate, all

Transcript Highlights:

• For the sponsor, does he want the rate to be lower or higher, because the bill makes the rate higher?
• My quibble clearly is with the interest rate.
• rates?
• What is the need for increased interest rates?
• So with this plan, it's one rate for your first $3,000, another rate for your next up to $10,000, another

Summary: The Senate Finance Committee considered a lengthy agenda of bills covering consumer lending, insurance coverage, professional scope of practice, property tax administration, digital assets, and aviation tax policy. The committee first approved prior committee amendments, then heard SB 1689 on consumer loan thresholds and rates. After sponsor testimony that the bill modernizes outdated lending caps and lowers rates on larger loans, the committee adopted an amendment but the bill failed on a 3-1 vote, with Senator Epstein arguing the structure would shift costs onto smaller borrowers. The committee then passed several health-related measures. SB 1347, requiring insurance coverage for fertility preservation services for cancer patients, was amended and passed 4-2 after testimony from the sponsor and cancer survivors; Senator Epstein opposed the religious-employer definition. SB 1165, eliminating cost-sharing for diagnostic and supplemental breast exams, passed 5-1 after testimony from Senator Angus and Susan G. Komen, with supporters saying it would reduce barriers to follow-up screening. SB 1212, barring insurers from reimbursing providers differently based on vaccination status, also passed 4-2 despite concerns that it could undermine vaccination incentive programs. Other bills advanced or failed after similar debate. SB 1206, addressing contractor and public adjuster conduct after property losses, passed 5-1 with an amendment and support from State Farm. SB 1291, limiting county reassessment and inspections of agricultural property for four years after a successful appeal, passed 5-1 over assessor opposition and farm group support. SB 1649, creating a digital assets strategic reserve fund, passed 4-2 after debate over civil asset forfeiture and whether crypto should be treated as a strategic reserve. SB 1516, expanding an aviation-related tax exemption to aircraft maintenance and repair property, passed 4-1 amid sharp disagreement over whether it was economic development or a tax break for private jets. SB 1554, changing chiropractic statutory language from x-rays to diagnostic imaging, initially failed 3-3 but was reconsidered and later passed 3-2 after additional discussion about its practical effect.

Transcript Highlights:

• at that five-star facility rate.
• on our error rate for underpayments.
• error rate.
• If we underpay them, it affects our error rate. If we overpay them, it affects our error rate.
• That was a request to go into the rate preservation fund, but again, rate preservation fund is so that

Summary: The subcommittee heard budget presentations and questions from several health and human services agencies, with members repeatedly emphasizing that agency numbers had been posted since October and that questioning should stay focused and brief. The Office of Juvenile Affairs said its $5.45 million request would support 162 employees receiving a pay adjustment, and members asked about juvenile care conditions and staffing. The Department of Human Services discussed major changes to child care subsidy funding, including a reduced subsidy request, a $11.5 million child care teacher recruitment/retention request, and planned eligibility and reimbursement changes; it also reviewed SNAP administrative cost shifts under federal law, the state’s SNAP error rate, and the risk of large future state costs if the error rate is not reduced. DHS also addressed TANF reserves, the DDS waiver wait list, the Greer Center buildout, the Advantage waiver supplemental, and meal service options for waiver members. OCCY described a largely personnel-driven budget, requests for more oversight staff, and workload pressures in juvenile competency evaluations. The Office of Disability Concerns reported a flat budget and said it relies mainly on mediation and informal resolution rather than enforcement. OSU Medical Authority said its Tulsa expansion, VA skybridge, and c-section suites remain on schedule, that psychiatric residency funding is being phased in over several years, and that it is working to reduce contract labor and evaluate service lines. J.D. McCarty Center reported its new ABA outpatient clinic is on time and on budget and is nearing full capacity. OMMA said its lab is following required standards, its FTE count is below budgeted levels because hiring depends on lab accreditation and other unknowns, and dispensary numbers continue to decline as the market matures. Oklahoma Rehabilitation Services said it needs about $1.4 million to avoid a maintenance-of-effort penalty and discussed aging campus capital needs and staffing vacancies. The Oklahoma Health Care Authority then outlined a very large budget requirement driven by utilization growth and the shift to value-based care, saying FY26 is currently stable but FY27 would likely require additional appropriations if the request is not fully funded.

Transcript Highlights:

• It's taking us to a 0% rate.
• The General Assembly, so continuing, says the General Assembly must set the rate or rates of any such
• rate to fall below 1 and 4/10% for any tax year, the rate imposed must instead be 0%.
• rate to fall below 1 and 410% for any tax year, the rate imposed must instead be 0%.
• , personal property tax rates, residential real property tax rates, or earnings tax rate.

Keywords: 959, house, all

Transcript Highlights:

• It's taking us to a 0% rate.
• The general... so continuance says the General Assembly must set the rate or rates of any such tax and
• rate to fall below 1.4% for any tax year, the rate imposed must instead be 0%.
• , personal property tax rates, residential real property tax rates, or earnings tax rate.
• , personal property tax rates, residential real property tax rates, or earnings tax rate.

Summary: The Missouri House met with prayer, the Pledge of Allegiance, approval of the prior House journal, and numerous guest introductions, including a tribute to Harris-Stowe State University President Dr. Latanya Collins-Smith during Women’s History Month. The chamber then took up House Committee Substitute for House Joint Resolutions 173 and 174, which would place on the ballot a constitutional change to gradually eliminate Missouri’s individual income tax and allow the legislature to broaden the sales tax base to services if needed. The sponsor and supporters framed the proposal as a long-term tax reform that would let Missourians keep more of their earnings, spur economic growth, and ultimately let voters decide the state’s tax structure. Supporters argued that no-income-tax states have stronger growth, more business relocation, and better population trends, and said the resolution includes triggers and revenue-neutral safeguards, including protections for school funding and local governments. Several members said the measure is only a referral to the voters, not an immediate tax change, and emphasized that the plan is designed to phase out the income tax only as state growth allows. Opponents countered that the measure would ultimately require a large sales tax increase on goods and services, shifting the burden onto working families, seniors, renters, and low-income Missourians, while threatening public schools, services, and tax-credit-supported nonprofits. They also criticized the ballot language as misleading and warned that the fiscal impact could be as high as an $8.5 billion revenue loss. Members debated comparisons to Tennessee, Texas, Florida, Washington, Oregon, and Kansas, with supporters citing those states as evidence that lower or no income taxes can attract growth, while opponents said Missouri’s economy, tourism, and budget structure are not comparable and that the Kansas example shows the risks of tax-cut experiments. The sponsor and several allies repeatedly stressed that the proposal is a constitutional amendment for voters to decide, not a final legislative tax hike, and said the plan is different from Kansas because it uses triggers and a defined path to zero. The transcript does not show a final vote on the resolution in the excerpt provided.

Transcript Highlights:

• , and grades 9 through 12, which is 2.6% of the base rate.
• This compares the base LCFF rate with the per-student This compares the base LCFF rate with the per-student
• Which has everybody gets the same rate per ADA per grade.
• Is your proposal $509 million, or is it the rate of $999?
• That's been the rate in recent years.

Keywords: 988, house, all

Transcript Highlights:

• FFN providers only receive 70% of the family child care rate, and in the new rate structure, they'll
• FFN providers only receive 70% of the family child care rate and in the new rate structure, only receive
• 70% of the family child care rate, and in the new rate structure, they'll make even less.
• But rate reform, there's elements of rate reform that could address this.
• But rate reform, there's elements of rate reform that could address this.

Summary: The California State Assembly Select Committee on Child Care Costs held its first hearing to examine the state of child care access, affordability, and provider compensation. Chair Cecilia Aguiar-Curry and other members described child care as essential infrastructure for working families and the economy, noting that costs are unaffordable for many households and that providers are underpaid. Early testimony came from a San Francisco parent, Quinn Chung, who described the difficulty of finding safe care and the financial and career sacrifices caused by lack of child care, and from Tuolumne County provider Anita Viscini, who detailed her monthly costs, low margins, and the need to work weekends and teach CPR classes to make ends meet. Assemblymembers also emphasized the crisis in rural communities and the need for a long-term strategy. The first policy panel featured Jennifer Troia of the California Department of Social Services, Laura Pryor of the California Budget and Policy Center, and Alexa Frankenberg of Child Care Providers United. Troia said the state has nearly doubled child care funding in five years, expanded subsidy slots, and reached a new tentative three-year agreement with providers that includes cost-of-living adjustments, stabilization payments, and continued work on an alternative rate methodology and single rate structure. Pryor argued that despite funding gains, child care remains too expensive, only a fraction of eligible children receive subsidies, and provider wages remain far below comparable jobs, worsening racial and gender inequities. Frankenberg said the tentative agreement is progress but not enough, calling for a true cost-of-care system, fair wages, paid time off, better support for emergency and nontraditional care, and stronger integration of family child care into the mixed-delivery system. Members asked about why the crisis persists, how the alternative methodology will work, how family fees and sliding-scale help are being used, and why middle-income families still struggle. The panel said the problem reflects long-term underinvestment, a broken market, and a system that still leaves many families without access. The committee also heard an economic panel from Ashley Hoffman of the California Chamber of Commerce and Sarah Bone of the Public Policy Institute of California. Hoffman described employer child care benefits and public-private partnership models in other states, including shared-cost programs and local chamber efforts. Bone said child care costs reduce family financial security and labor force participation, especially for mothers of young children, and estimated that if mothers of young children worked at the same rate as mothers of older children, more than 80,000 additional women could be in the workforce each year. In the final panel, parent and provider advocates, including Jennifer Greppie and Black Californians United for Early Care and Education co-founder Keisha Doyle, argued for fully funding child care, ending waiting lists, protecting culturally affirming care, and addressing racial inequities and private equity’s role in the sector.

Transcript Highlights:

• The Supreme Court bench mark the interest rate to the Wall Street Journal Prime rate which today is 7.5%
• , which is a lending interest rate and much higher than the Fed funds rate which today is 4.3, 3% and
• Chair the comparability rate. >> Allows for a higher rate than the floor.
• Erin Rooney U.S. rate on the fund's just injecting the minimum rate to 3%.
• from 50 to 50.5% of the federal funds target rate 2, 1%, of the federal funds rate.

Keywords: 999, senate, all