Video & Transcript : 'inflation impacts' :

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MN

Minnesota 2025-2026 Regular Session

House Capital Investment Committee 3/12/26

Capital Investment

Transcript Highlights:
  • using MMB's inflation escalator.
  • For those of you extraordinary impact.
  • </c><00:05:01.360><c> using</c> lines 2 through five for inflation using lines 2 through five for inflation
  • Its statewide impact will not impact just the Twin Cities, but it will touch the entire university, our
  • ><c> not</c><00:15:43.600><c> impact</c> Its statewide impact will not impact Its statewide impact will
NM

New Mexico 2025 Regular Session

IC - Water and Natural Resources Jun 3rd, 2025

Water & Natural Resources Committee

Transcript Highlights:
  • On the impact to the cost of New Mexico consumers. As a consequence of those.
  • Uh, I also would like to see the economic and regulatory impact of the Clean Fuel Standard.
  • And the impact, mining's impact, specifically uranium is one of the pieces that I'm thinking about and
  • the impact on water, um, the health of the communities, and also the environment.
  • Specifically with respect to the impact on NMED and M.
NH

New Hampshire 2026 Regular Session

Senate Transportation (04/21/2026)

Transportation

Transcript Highlights:
  • </c><00:27:10.480><c> There</c><00:27:10.640><c> is</c> appreciate the impact.
  • There is appreciate the impact.
  • </c><01:50:49.840><c> rate</c> plan is we increased the inflation rate plan is we increased the inflation
  • ><c> rate</c><01:50:56.159><c> should</c> evaluate what the inflation rate should evaluate what the inflation
  • Um so final note um that inflation.
HI
Transcript Highlights:
  • The reason taxpayers will save is to avoid inflation by moving the project smoothly, faster.
  • </c><00:14:58.079><c> The</c> dollars be be added to inflation.
  • The dollars be be added to inflation.
  • And that's not even touching the retirement benefits that it might impact.
  • And so I come to you might impact.
Committee: House Labor
NM

New Mexico 2026 Regular Session

House - Taxation and Revenue Feb 18th, 2026 at 08:43 am

House Taxation & Revenue

Transcript Highlights:
  • impacted by the Decoupling.
  • What impact? Because I'm looking at the FIR.
  • Can you tell me what do we foresee as an impact to local government GRTs?
  • What do you think the impact of local government is on that aspect?
  • Those are the folks that are going to be negatively impacted if capacity is impacted at the local level
Bills: SB240
WA

Washington 2025-2026 Regular Session

House Finance Mar 4th, 2026

Transcript Highlights:
  • All of that will be impacted by about a 250% increase.
  • It will have an impact on medicine.
  • It will have an impact on patients, and it will have an impact on the pharmacies and available access
  • It will have an impact on medicine.
  • It will have an impact on patients and it will have an impact on the pharmacies and available access
Summary: House Finance held public hearings on three Senate bills. SB 6129 would raise cigarette taxes, replace current nicotine/vapor product taxes with a 95% tax on nicotine products, and adjust revenue distributions to the Andy Hill Cancer Research account, the Foundational Public Health Services account, and a youth prevention account; staff and supporters said it would correct an unintended loss of public health funding and reduce youth nicotine use, while opponents argued it would be highly regressive, harm retailers and wholesalers, and push sales into illicit markets. SB 6231 would repeal the data center sales tax exemption for refurbishment and end replacement server equipment eligibility; the sponsor and staff said it would raise roughly $200 million and remove an obsolete preference, while labor, port, business, and data center representatives opposed it, citing lost jobs, reduced investment, and concerns about upsetting existing contracts and rural economic development. SB 6228 would repeal the preferential B&O rate for warehousing and reselling prescription drugs and create a lower preferential rate for critical access pharmacies; the sponsor said it would restore horizontal equity in the tax code and offset impacts on rural pharmacies, but pharmacy groups, wholesalers, retailers, and business organizations warned it would raise medication costs, worsen pharmacy closures, and be passed through to patients. The committee heard extensive public testimony on all three bills. Supporters of SB 6129 included public health, cancer, pediatric, and emergency medicine advocates who emphasized youth prevention, cessation funding, and long-term health savings; opponents included tobacco, vape, retail, and business groups who said the bill would increase black-market activity and burden small businesses. SB 6231 drew opposition from construction trades, ports, local governments, chambers, and data center interests, who argued the tax preference supports ongoing construction, permanent jobs, and local tax bases, while committee questions focused on whether the bill would affect existing refurbishment contracts. SB 6228 was opposed by pharmacy associations, independent pharmacists, wholesalers, grocery retailers, and AWB, who said the tax increase would be passed through and could accelerate pharmacy desert conditions; the sponsor and supporters framed the bill as a correction to an outdated preference and a way to protect critical access pharmacies. No votes were taken; each hearing was closed, and the chair announced amendment requests were due Thursday at 5 p.m. and amendments posted by Friday at 5 p.m.
NH

New Hampshire 2025 Regular Session

House Municipal and County Government (02/27/2025)

Municipal and County Government

Transcript Highlights:
  • </c><02:17:03.639><c> it</c><02:17:03.840><c> tax</c> impact tax impact why isn't it tax impact tax impact
  • Not all tax impacts create an increase in tax impact.
  • </c> impact will be and then the total impact impact will be and then the total impact of<02:21:58.840
  • </c> impacts create an increase in tax impact impacts create an increase in tax impact um<02:22:20.680
  • impact fees may be assessed.
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 15th, 2026 at 01:32 pm

House Appropriations & Finance

Transcript Highlights:
  • In addition, you should have two one-pagers And one of these describes our fiscal impact on the state
  • And they're going to bring close to 700 million of economic impact to the state and to the Rio Rancho
  • The SIC case was a little different So how many agencies does this bar authority impact?
  • So Madam Chair and Representative, so certain kinds of bar authority impact every agency.
  • Certain kinds of bar authority impact only specific agencies that are named in the bill.
MN

Minnesota 2025-2026 Regular Session

House Floor Session 4/28/25 - Part 2

Minnesota House Floor Meeting

Transcript Highlights:
  • states impacted in the uh uh impacted states impacted in the United<00:59:22.079><c> States</c><00:59
  • Last year a gas tax happened with an inflator for inflation.
  • Last year a gas tax happened with an inflator for inflation.
  • Last year a gas tax happened with an inflator for inflation.
  • Last year a gas tax happened with an inflator for inflation.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Wednesday, May 20, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • </c> inflation, mortgages are at 6.75%. inflation, mortgages are at 6.75%. the<00:37:12.960><c> highest
  • Inflation is up. Look at the numbers.
  • Inflation is up. up. Groceries are up. Inflation is up.
  • </c> help others overcome life impacting help others overcome life impacting injuries.<01:25:25.600><
  • </c><03:26:12.800><c> on</c> decisions that have lasting impacts on decisions that have lasting impacts
MN

Minnesota 2025-2026 Regular Session

Committee on Capital Investment - 04/14/26

Capital Investment

Transcript Highlights:
  • I'm sure you've really impacted a lot of lives there.
  • I'm sure you've really impacted a lot of lives there.
  • I'm sure you've really impacted a lot of lives there.
  • </c> financial impacts of flooding. financial impacts of flooding.
  • ><c> continues</c><00:27:21.040><c> to</c> In the meantime, inflation continues to In the meantime, inflation
Bills: HF4736 , HF4737 , HF3806 , HF3352 , HF4840 , HF3748
NH

New Hampshire 2025 Regular Session

House Ways and Means (10/06/2025)

Transcript Highlights:
  • </c> impact on the city. impact on the city.
  • Clearly, there's public safety impacts, transportation impacts, crime, etc.
  • Clearly, there's public safety impacts, transportation impacts, crime, etc.
  • Clearly, there's public safety impacts, transportation impacts, crime, etc.
  • , transportation impacts, crime, impacts, transportation impacts, crime, etc.<01:58:29.199><c> And</c
Summary: The committee first took up HB 155, which drew a lengthy debate over an amendment to delay implementation until tax year 2027. Supporters said the delay would give lawmakers time to see whether projected revenues materialize and to reconsider the policy if needed; opponents argued it would reduce money available to services and local governments at a time of tightening revenues. Members also discussed broader revenue trends, including tobacco, rooms-and-meals, real estate transfer, and lottery revenues, and disagreed over whether tax cuts tend to increase revenue. The committee adopted amendment 2025-2983H on an 11-9 vote, then voted 11-9 to report HB 155 ought to pass as amended. The bill was sent to the consent calendar, with a majority and minority report to be filed. The committee then considered HB 224, with members expressing concern that the bill would redirect money collected for one purpose to another and should receive more study. A motion for interim study was made and seconded, and the committee approved interim study unanimously, 20-0, sending HB 224 to the consent calendar. Next, the committee took up SB 83, which the Lottery described as a vehicle for technical corrections to gaming law. The Lottery requested changes to remove a bond cap, reconcile inconsistent free-play/promotional-play language, redirect problem-gambling funds to the Commission on Addiction Treatment and Prevention, and revise background-check language after the FBI declined to conduct checks under the existing wording. The committee adopted amendment 2025-2984 unanimously, 20-0, then voted 20-0 to report SB 83 ought to pass as amended and placed it on the consent calendar. Finally, the committee began work on HB 524, a bill to repeal the New Hampshire Vaccine Association. Representative Yuli said members had received many emails and calls both supporting and opposing the program and that he had questions about transparency and the dollars involved. The transcript cuts off before any vote or further action on HB 524.
CA

California 2025-2026 Regular Session

Assembly Privacy and Consumer Protection Committee Mar 25th, 2026

Privacy and Consumer Protection

Transcript Highlights:
  • Algorithmic pricing models and everything can be used to inflate your profit share.
  • It wouldn't have any impact on businesses because we just want the consumer-business relationship to
  • And so I do think we should be diving in deep to figure out the actual impact of this.
  • We want to make sure that those are widely available and that this is not impacted by the bill.
  • We have sent texts during the 8 o'clock hour for Zoom meetings, and your bill would presumably impact
MN

Minnesota 2025-2026 Regular Session

Environment Committee Meeting - 2025-03-25

Environment and Natural Resources Finance and Policy

Transcript Highlights:
  • In a moment, when I go through division slides, you'll see how federal funds impact agency. each of the
  • Increasing operational and maintenance costs due to inflation are a challenge.
  • Our first proposal focuses on identifying, preventing the spread of, and managing the impacts of aquatic
  • To spend for a biennium because that's certainly going to have an impact on what ultimately the decision
  • should act in tribal consultation with tribal nations, it states that decisions that significantly impact
CA

California 2025-2026 Regular Session

Senate Agriculture Committee Jun 16th, 2026

Transcript Highlights:
  • Since that initial fee was created 53 years ago, inflation, of course, has increased and the number of
  • Inflation, of course, has increased and the number of seed manufacturers has decreased.
  • this means is that there are fewer companies paying for a fee that's been significantly diluted by inflation
  • The impact that noxious weeds have on our ag lands is devastating.
Summary: The California Senate Committee on Agriculture heard several bills focused on agricultural equity, seed regulation, rice conservation, and invasive species prevention. AB 52 by Assembly Member Aguiar-Curry would codify two CDFA advisory committees created under the Farmer Equity Act—the California BIPAC producer advisory committee and the small-scale producer advisory committee—so socially disadvantaged farmers and ranchers have a permanent formal voice in department policymaking. Supporters described the bill as a way to preserve equity-focused input, improve grant access and language access, and build trust with small producers. There was no opposition, and members spoke in support, though the bill was initially heard without a quorum. AB 1848 by Assembly Member Ransom would raise the long-standing seed law fee paid by seed manufacturers to fund CDFA enforcement of seed labeling and contamination rules. The author and the California Seed Association said the increase is needed because the fee has not changed since 1973 and inflation has eroded its value; they framed the measure as consumer protection for both farmers and home gardeners. AB 1551 by Assembly Member Krell would expand the California Rice Commission’s mission to include implementation of the UC Davis rice footprint study, which identifies acreage and winter flooding levels needed to sustain habitat for wildlife such as waterfowl, shorebirds, salmon, and the giant garter snake. Support came from the Rice Commission and conservation groups, with members praising the bill’s working-lands conservation approach. AB 2143 by Assembly Member Irwin would prohibit online marketplaces from facilitating the sale or shipment into California of noxious weeds. The author and agricultural supporters said e-commerce has become a major pathway for invasive species and that preventing online sales is cheaper and more effective than later eradication; TechNet said it had moved from full opposition to neutral after discussions. After quorum was established, the committee voted all measures out: AB 52, AB 1848, AB 1551, and AB 2143 each passed on 4-0 votes, while several other bills on the consent agenda also passed 3-0 or 4-0 and were placed on call as needed.
CA

California 2025-2026 Regular Session

Senate Agriculture Committee Jun 16th, 2026

Agriculture

Transcript Highlights:
  • Since that initial fee was created 53 years ago, inflation, of course, has increased and the number of
  • Inflation, of course, has increased and the number of seed manufacturers has decreased.
  • this means is that there are fewer companies paying for a fee that's been significantly diluted by inflation
  • The impact that noxious weeds have on our ag lands is devastating.
Committee: Senate Agriculture
WA

Washington 2025-2026 Regular Session

House Floor Session Feb 12th, 2026

Washington House Floor Meeting

Transcript Highlights:
  • And for this day that we embrace the challenges within this place that will impact the lives we serve
  • Our pre-designed thresholds are not keeping up with the cost of inflation and where we're going and the
  • And especially with the cost inflator as we go forward, we won't have to keep coming back to run these
  • What we know, and you've heard in this chamber already, is how much inflation continues to eat away at
Summary: The House convened with a quorum present, the Pledge of Allegiance and prayer were offered, and the chamber approved the previous day’s minutes. Members then caucused briefly before moving into second reading and third reading action on several bills, with the day also marking the start of the three-minute debate rule through House of Origin cutoff. The House passed House Bill 2338, which expands the low-income home weatherization program to support community-scale weatherization projects, especially for multifamily housing. It also passed House Bill 2353, raising the threshold for requiring predesign work on public projects from $10 million to $15 million, and Substitute House Bill 2363, a trailer bill allowing music therapy students to practice under supervision while exam scores are pending. Members described these as efficiency measures and consumer or workforce improvements. The chamber also approved Substitute House Bill 2525 to establish the Heritage Orchard Program and a registry at Washington State University to preserve rare and heritage apple varieties, with sponsors emphasizing the importance of Washington’s apple industry and agricultural history. Additional bills passed unanimously included Substitute House Bill 2420 on increasing small works roster thresholds, Substitute House Bill 2428 on preventing unintended lapses in life insurance by allowing third-party designees, House Bill 2604 allowing electronic signatures for transferring salvage vehicles to insurers, and Substitute House Bill 2107 making permanent a pilot requiring Labor and Industries to notify employers of identified job-site hazards within 10 days. Finally, the House adopted Amendment 1517 and passed Engrossed Substitute House Bill 2247, which updates veterinarian-client-patient relationship rules to allow telehealth between required physical visits and requires annual veterinarian oversight for certain animal production, commercial, and breeding operations. All of the listed bills received overwhelming support, with each final passage vote recorded at 94 yeas and 0 nays, except House Bill 2338, which passed 93-1.
KY
Transcript Highlights:
  • Can you explain the impacts of the $47.2 million SEEK state match of teachers' contributions?
  • Can you explain the impacts<00:13:27.680><c> of</c><00:13:27.839><c> the</c><00:13:28.079><c> 47.2</c
  • </c> are we need to have medical inflation are we need to have medical inflation stay<00:19:30.960><c
  • </c> the federal level that could impact the federal level that could impact that.<00:20:10.880><c> So
  • So the teachers out there would not see an impact on their health insurance benefits without...
Summary: The House Budget Review Subcommittee on Personnel, Public Retirement, and Finance heard testimony from Bo Barnes, deputy executive secretary and general counsel for the Teachers’ Retirement System (TRS), on the TRS budget request for the upcoming biennium and how it compares with House Bill 500 as introduced. Barnes emphasized that the bill fully funds the system’s additional funding request to pay down TRS’s legacy unfunded pension liability, which he described as critical to the system’s long-term funding plan. He also explained that the pension and health insurance requests are broken into several line items, including legacy benefit items, state shared-responsibility payments for retiree health insurance, and reconciliation items that adjust for prior over- or underpayments. Barnes said the state portion of shared responsibility for retiree health insurance was funded below the request in House Bill 500, but he described the health insurance trust as a success story under the post-2010 shared-responsibility model. He said the trust is projected to be fully funded in about two years if medical inflation and federal subsidies remain stable, and he noted that any shortfall in the current budget would be reconciled later and could reduce investment income. In response to questions, he explained that the legacy benefit items are treated as part of the total actuarially determined employer contribution and that unpaid legacy benefits would have the same impact on the retirement trust as unpaid ADC amounts. Barnes also addressed questions about whether the $47.2 million SEEK-related teacher contribution reconciliation could be split between fiscal years, saying it could be done but would reduce investment income and potentially increase future contribution needs. He said the pension fund is currently about 61% funded and that TRS has received full funding for the pension for 10 straight years, with the state having provided full additional funding and more in recent budgets. He concluded by asking the committee to consider TRS’s original budget request, warning that underfunding now would be reflected in future actuarial calculations and could cost the Commonwealth more over time.
MN

Minnesota 2025-2026 Regular Session

House Education Policy Committee 1/22/25

Education Policy

Transcript Highlights:
  • </c> the context around what those impacts the context around what those impacts are<00:09:18.000><c>
  • </c> uh the base funding formula to inflation uh the base funding formula to inflation um<00:14:30.680
  • and unfunded cost to the employers, impact to locally negotiated contracts, impact to central office
  • ><01:25:05.520><c> locally</c> cost to the employers impact to locally cost to the employers impact to
  • ><01:25:08.560><c> central</c> negotiated contracts impact to central negotiated contracts impact to
NH

New Hampshire 2026 Regular Session

House Ways and Means (01/12/2026) (Full Stream)

Ways and Means

Transcript Highlights:
  • </c> budget not only didn't have an inflation budget not only didn't have an inflation adjustment<00:
  • </c> adjustment which inflation from the adjustment which inflation from the previous<00:16:01.040><c
  • It is still not inflation adjusted.
  • But the impact of drinking water is much more direct, and is a much more direct impact on our health
  • So, the impact could be significant.