Video & Transcript Research : 'replacement cost value'

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TX
Transcript Highlights:
  • So the value of the loss, the value of the contract would then determine the level of offense, just as
  • To whom and what is the value of that?
  • It was the total cost of the program. And so we don't know what the administrative cost is.
  • per-unit credit cost.
  • There's been a swing in the cost of these developments.
KY

Kentucky 2026 Regular Session

Senate Legislative Session Day 49 (3-18-26)

Kentucky Senate Floor Meeting

Transcript Highlights:
  • of fatherhood and its of the value of fatherhood and its impact<00:10:05.680> on<00:10:05.800
  • <00:28:39.400> of eliminate general fund replacement of eliminate general fund replacement
  • <00:29:23.080> of we eliminate general fund replacement of we eliminate general fund replacement
  • SNAP administration responsibility cost SNAP administration responsibility cost as<00:39:17.160>
  • services and increased contract costs. services and increased contract costs.
Keywords: 958, all
CA

California 2025-2026 Regular Session

Assembly Insurance Committee Jul 9th, 2025

Transcript Highlights:
  • cost coverage so that they have enough insurance to cover them and help rebuild their lives.
  • Insurance coverage that's limited to actual cash value, the alternative, only pays the depreciated value
  • Replacement cost coverage gives survivors a real path to recovery and financial stability.
  • And still, a lot of insurers will only then pay the depreciated value until the homeowner repurchases
  • Still, a lot of insurers will only then pay the depreciated value until the homeowner repurchases and
Summary: The Assembly Insurance Committee met to hear several bills related to insurance coverage, wildfire risk, workers’ compensation, and paid family leave. SB 8 by Senator Ashby would extend workers’ compensation and disability protections to Sacramento County park rangers, with testimony emphasizing that they perform law-enforcement-like duties and should receive the same protections as comparable officers. SB 429 by Senator Cortese would create a public wildfire catastrophe model and related wildfire safety program, with support from the Department of Insurance and consumer advocates who said public access to modeling data would improve transparency and help evaluate private insurance risk models. The committee also heard SB 525 by Senator Jones, which would require the FAIR Plan to offer coverage options for manufactured and mobile home owners, including replacement cost coverage. Supporters said the bill would help lower-income residents obtain meaningful insurance protection, while no opposition testified. SB 495 by Senator Allen, as amended, would require insurers to provide a larger contents-coverage advance after a total loss during a declared emergency without requiring an immediate itemized inventory, extend proof-of-loss deadlines, and require insurers to provide catastrophe modeling and reinsurance data to the Department of Insurance. Several insurers withdrew opposition after amendments, and the Department of Insurance and United Policyholders supported the measure. SB 590 by Senator Durazo would expand paid family leave to cover care for designated persons or chosen family members, with strong support from AARP, labor, civil rights, caregiving, and health organizations, and testimony from a parent describing the need to care for a non-legal family member during surgery recovery. The committee also took up consent items SB 230 and SB 854. After roll calls, SB 8, SB 429, SB 495, SB 525, and SB 590 all received do-pass votes, with SB 429 sent to the Committee on Emergency Management, SB 495 to Judiciary, and SB 525 and SB 590 to Appropriations. The consent calendar bills were also approved, and the committee adjourned.
MN

Minnesota 2025-2026 Regular Session

Special Session - Senate Floor Session - Part 3 - 06/09/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • There must be no cost shifting.
  • The clean energy language prohibits cost shifting. We don't like cost shifting.
  • cost of over $847 million.
  • <01:56:30.000> cost<01:56:30.320> of<01:56:30.560> over estimated total replacement
  • cost of over estimated total replacement cost of over 847 847 847 million.<01:56:33.440> So,<
Keywords: 1187, senate, all
CA
Transcript Highlights:
  • Costs, the timeframes.
  • These engines cost over $1 million each—more than three times the cost of the engines that they're replacing
  • or was it the same cost?
  • That may cost $700,000.
  • That may cost $700,000.
Summary: The committee held an informational hearing on the rising cost and long delivery times for fire apparatus and related equipment, with opening remarks stressing that aging fleets, supply chain problems, and delayed replacements are affecting emergency readiness across California. Cal OES and Cal Fire described statewide procurement challenges, including higher prices, multi-year delivery timelines, two-year encumbrance limits, and the strain on mutual aid when engines remain in service beyond their intended replacement cycles. Cal Fire said it operates 537 engines, with 300 meeting replacement criteria and 243 at least 16 years old, and explained the difference between mandatory contracts and one-time acquisitions. The Department of General Services said vendors have cited labor costs, chassis pricing, and the need for longer production timelines, while also noting that statewide contracts can include nominal price increases but not open-ended price hikes. Local fire chiefs from Santa Barbara County, Los Angeles County, Napa, and Fullerton testified that apparatus prices have risen sharply while delivery times have stretched from under a year to three to five years or more. They described specific examples of engines and ladder trucks costing far more than prior purchases and arriving years later, forcing departments to keep older reserve apparatus in service, spend more on maintenance, and defer other budget priorities. Several witnesses said industry consolidation has reduced competition and contributed to delays and price increases, with Los Angeles County and Fullerton noting they have pursued antitrust complaints and litigation against major manufacturers. Napa also described proprietary parts and software limiting in-house repairs, and Santa Barbara County said a vendor’s unfulfilled delivery promise caused the department to lose its place in line. Members asked about possible solutions, including whether the state should consider manufacturing apparatus itself, whether procurement rules or prototype requirements could be streamlined, whether DGS staffing or contract processes could be accelerated, and whether more stable long-term purchasing commitments would help manufacturers plan production. Witnesses said safety-driven specification changes are necessary but can add time, and that the main bottlenecks are industry capacity, consolidation, and vendor performance. The vice chair raised concerns about how grant funding windows and local matching requirements are affected by multi-year delays, especially for small and rural departments that rely on grants and on used apparatus passed down from larger agencies. No votes were taken; the hearing concluded with committee members indicating interest in possible legislative, regulatory, and antitrust follow-up.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Revenue Jun 21st, 2026 at 10:00 am

Joint Committee on Revenue

Transcript Highlights:
  • But we know that homeowners are already struggling with the high cost of living, especially housing costs
  • This year, once again, the largest driver of our city's budget increase by far was fixed costs, costs
  • The largest increase by far was in fixed costs, costs over which we have no control or discretion.
  • It needs to be replaced. It's old, it's outdated, it needs to be replaced. Work has to be done.
  • We'd like to envision replacing it, a total replacement with a cafeteria, multimedia, state-of-the-art
Keywords: 995, all
Summary: The Joint Committee on Revenue held a hybrid hearing on several property and local tax bills. The main focus was H.56, the Municipal Empowerment Act, which the Healey-Driscoll Administration, the Massachusetts Municipal Association, MAPC, and Salem Mayor Dominick Pangallo supported as a package of local options and administrative reforms. Supporters said municipalities need more tools to relieve pressure on property taxes and fund services, citing proposed increases to local meals and lodging taxes, a new local vehicle excise surcharge, senior property tax relief, one-year override flexibility for emergencies, and central valuation of telecom and utility property by DOR. The administration said the bill was based on municipal listening sessions and was intended to give cities and towns optional, not mandatory, revenue tools. Opponents, including the National Federation of Independent Businesses, argued the tax increases would hurt restaurants, hotels, tourism, and small businesses and add to affordability concerns. The committee also heard testimony on H.3211, dealing with deeds excise receipts, from Norfolk County Commissioner Richard Staidi. He said Norfolk County is financially stable but needs additional revenue for major capital needs at its agricultural school, especially a new cafeteria and other aging facilities, and also to support county programs such as veteran transportation services. On S.2020, a bill to allow settlements of tax liability, Greater Boston Legal Services, the Asian American Civic Association, and several individual taxpayers urged creation of a more workable offer-in-compromise process at DOR. They said the current system is too subjective, requires an unaffordable $5,000 threshold, lacks clear standards and appeal rights, and leaves low-income taxpayers stuck with unmanageable debt, license suspensions, or business closures. Supporters said the bill would give both taxpayers and DOR a practical way to resolve liabilities and bring people back into compliance. The committee also took testimony on S.1966, which would require nonprofits selling property to disclose any back-tax obligations to buyers. Senator Peter Durant said the bill was prompted by a personal experience in which a tax bill arrived after a nonprofit property purchase was already completed, and he argued the disclosure would prevent buyers from being surprised by retroactive tax liability. No votes were taken during the hearing, and the chair closed the session after hearing from all scheduled witnesses.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Environment and Natural Resources Jun 21st, 2026 at 01:00 pm

Joint Committee on Environment and Natural Resources

Transcript Highlights:
  • We were always grateful that the state replaced the broken equipment and replaced the basketball courts
  • Nonetheless, old-growth forests are of great value for biodiversity's sake.
  • Nonetheless, old-growth forests are of great value for biodiversity's sake.
  • These are cost-effective And H. 953—these are cost-effective bills, as Melissa has already said, and
  • Second, trees provide public benefits that reduce health and energy costs.
Keywords: 995, all
Summary: The hearing covered several environment and natural resources bills focused on natural and working lands, forest protection, municipal reforestation, trail accessibility, and a park naming bill. Representative Moschino and Senator Comerford described the natural and working lands bill as part of the state’s climate roadmap, arguing that protecting these lands supports carbon sequestration, resilience, biodiversity, and helps prevent development pressure on the least expensive land. Senator Comerford also testified on a separate bill to expand access to trails for people of all abilities, saying it would build on the administration’s Trails for All initiative and create a permanent advisory structure and trust fund. Representative Consolvo and family members testified in support of H. 4259 to name the tennis courts at Wether Park in Roslindale after Kim O’Connell, describing her long community service and activism. A large portion of the hearing focused on H. 952 and H. 953, bills to protect watershed and state forest lands as parks or reserves. Supporters, including environmental advocates, scientists, and organizations such as Standing Trees, Sierra Club, The Nature Conservancy, and the Massachusetts Forest Alliance’s opponents, debated whether state forests and watershed lands should be permanently reserved from logging and other active management. Supporters said the bills would improve carbon storage, water quality, biodiversity, flood and drought resilience, and would protect large acreages of public land at no cost. Opponents, including the Massachusetts Forest Alliance, argued that sustainable forest management and a mix of reserves and managed forests are needed for climate, water quality, wildfire prevention, rural jobs, and carbon outcomes, and urged the committee to allow the administration’s existing reserve process to continue. The committee also heard extensive testimony on the municipal reforestation bill, H. 1013/S. 553, which would create a statewide program, advisory council, and trust fund to support urban tree planting and maintenance. Municipal officials and advocates from Wellesley, Cambridge, Boston, the Mystic River watershed, and other communities said urban trees are critical for cooling, stormwater control, air quality, public health, and equity, especially in environmental justice neighborhoods with low canopy cover and high heat. Several witnesses emphasized that consistent funding is needed because trees take years to mature and many municipalities lack staff or watering capacity. Some witnesses asked that the bill be funded at $100 million and tied to the Mass Ready Act or environmental bond funding. No votes or final committee actions were taken during the hearing.
MN

Minnesota 2025-2026 Regular Session

Motor vehicle registration tax calculation change 3/25/26

Minnesota House Floor Meeting

Transcript Highlights:
  • I'm going huge increases in TAB costs.
  • Um, costs on these fees. costs on these fees.
  • But absolutely no plan to replace that.
  • But absolutely no plan to replace that. But absolutely no plan to replace that.
  • <00:21:36.240> of which has a Kelley Blue Book value of which has a Kelley Blue Book value
Keywords: 1183, house
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on State Administration and Regulatory Oversight Jun 21st, 2026 at 11:00 am

Joint Committee on State Administration and Regulatory Oversight

Transcript Highlights:
  • It doesn't cost us any money, but just designating it with the platform.
  • It matters whom we choose to honor; public recognition reflects public values.
  • By recognizing Fred Korematsu, Massachusetts affirms... ...reflects public values.
  • And I equally value her side of the family as I do my Italian side.
  • And I equally value her side of the family as I do my Italian side.
Keywords: 995, all
Summary: The hearing covered a wide range of bills, with substantial testimony on commemorative days and several local development measures. Early testimony focused on competing proposals about Indigenous Peoples’ Day: Senator Comerford and others supported redesignating the second Monday in October as Indigenous Peoples’ Day, while several Italian American legislators and advocates opposed changing Columbus Day and instead urged a separate Indigenous Peoples’ Day on August 9 or another date. Committee members noted the long-running debate, discussed the state flag and motto review process, and emphasized that any changes would require legislation. No votes were taken during the hearing. The committee also heard strong support for a Fred Korematsu Day bill, with testimony from advocates, legal organizations, community leaders, and Korematsu’s daughter. Witnesses described Korematsu’s resistance to Japanese American incarceration during World War II, argued that his story remains relevant amid current immigration and civil liberties concerns, and said the designation would help educate students and the public. A separate bill to designate September as PCOS Awareness Month drew testimony from Senator Miranda and health advocates, who described the disorder’s prevalence, frequent misdiagnosis, fertility and pregnancy risks, and the value of public awareness and education. Other bills discussed included a Domestic Workers’ Rights Day proposal, supported by Representative Garcia and Representative Sousa, who spoke about the invisibility and vulnerability of domestic workers and the importance of recognizing their labor. The committee also heard support for a veteran suicide awareness and remembrance day, a Boston branch library and affordable housing project in Dorchester, and a Fall River waterfront redevelopment bill transferring land to the local redevelopment authority for a major mixed-use project. In addition, Senator Miranda testified in favor of a memorial portrait for former Representative Doris Bunty, highlighting her pioneering role in the legislature and Boston public housing. The hearing was hybrid and lengthy, with the chair repeatedly asking witnesses to be concise and noting that testimony would be public record.
CA
Transcript Highlights:
  • The cost of implementation account was initially created for CARB to recover its costs related to the
  • What the material costs were going to be, what the personnel costs were going to be, and the legislature
  • There's a high cost to replace them.
  • So the cost to replace them must be high given how little you're using them.
  • This program replaces polluting vehicles with clean cars.
Keywords: 988, house, all
FL

Florida 2025 Regular Session

April 2, 2025 - 09:00 AM

Transcript Highlights:
  • So lower costs means more routes.
  • The low-cost carriers.
  • It's going to be saving some fuel, but it's going to be costs on them, because we will put that cost
  • Fourth, the costs are agreed to by all parties.
  • isn't going to replace the currency.
Summary: The Ways and Means Committee met on April 2, 2025, with a quorum present and took up four bills. The committee first heard HB 4041, which would create the Corkscrew Grove Stewardship District in Collier County to finance and maintain infrastructure such as transportation, utilities, and stormwater systems without changing county regulatory authority. The bill drew no opposition, was reported favorably, and passed 14-0. The committee then considered HB 1485, which repeals Florida’s aviation fuel tax provisions. The sponsor argued the change would simplify the tax code, attract airline investment, and support lower fares and more routes. Members raised concerns about the estimated recurring $22.8 million impact on the State Transportation Trust Fund and $2 million on general revenue, and airport representatives warned of reduced grant and development funding, especially for general aviation and municipal airports. Supporters said the change would increase competition and fuel sales in Florida. The bill was reported favorably on a 12-5 vote. Next, the committee heard HB 999, which would recognize gold and silver as legal tender, allow electronic debit access to bullion accounts, and remove tax burdens on transactions involving precious metals. The sponsor and supporters described the bill as a way to protect purchasing power and provide an alternative parallel to the dollar, while opponents and some members raised concerns about consumer protections, predatory practices, privacy, and the role of the Office of Financial Regulation in rulemaking. After extensive testimony, the bill was reported favorably 19-0. Finally, the committee considered PCB WMC 25-01, which would reduce the state sales tax rate from 6% to 5.25% and also lower several related taxes, including the business rent tax, nonresidential electricity tax, mobile home sales tax, and coin-operated amusement machine tax. The proposal was estimated to reduce revenue by about $5.5 billion annually. Members discussed impacts on the budget, education funding, and whether savings would reach consumers, while supporters emphasized relief for Floridians and business competitiveness. The bill passed unanimously 19-0 and was reported favorably. The chair then noted a prior procedural apology on the record, and the meeting adjourned.
HI

Hawaii 2026 Regular Session

JHA Public Hearing - Fri Feb 13, 2026 @ 2:00 PM HST

Judiciary & Hawaiian Affairs

Transcript Highlights:
  • Adjusts the tax for multifamily properties to reflect value on a per-unit basis and applies a cost-of-living
  • Adjusts the tax for multifamily properties to reflect value on a per-unit basis and applies a cost-of-living
  • to those with higher value properties. to those with higher value properties.
  • , portfolios, the value of the property, the<02:09:48.880> value<02:09:48.960> of<02:09
  • costs should be capped at 10%. costs should be capped at 10%.
Keywords: 910, house, all
Summary: The committee heard testimony on House Bill 1768, which would prohibit state and county law enforcement agencies and officials from entering into federal immigration-enforcement agreements under 8 U.S.C. 1357(g) and from assisting in certain immigration enforcement actions except in limited circumstances. The Office of the Public Defender, Hawaii Coalition for Immigrant Rights, the Legal Clinic, and the ACLU of Hawaiʻi all testified in strong support, arguing the bill would protect due process, reduce fear in immigrant communities, preserve trust in local police, and keep local resources focused on public safety. Testifiers said cooperation with immigration enforcement can chill court attendance, crime reporting, and cooperation with police, and they emphasized that the bill would not stop federal enforcement or affect other deputization agreements for environmental or other criminal matters. Committee members asked whether any 287(g) agreements currently exist in Hawaiʻi; testifiers said they were unaware of any and believed the bill would maintain the status quo. No vote was taken in the portion provided. The committee then took up House Bill 1548, which would reduce the maximum sentence for misdemeanors from one year to 364 days and allow people previously sentenced to one year to seek sentence modification. The Office of the Public Defender, Office of Hawaiian Affairs, the Legal Clinic, the Hawaii Coalition for Immigrant Rights, the ACLU of Hawaiʻi, and the William S. Richardson School of Law immigration clinic all supported the measure, saying the one-day change could prevent severe immigration consequences such as detention, removal, and bars to relief that can be triggered by a sentence of 365 days or more. Testifiers stressed that the bill would not change criminal liability or public safety, but would align Hawaiʻi law with similar reforms adopted in other states. Members questioned whether the change would affect citizens or create an automatic immigration process; witnesses responded that the issue is the federal immigration consequence tied to the maximum sentence, not actual time served, and that citizens would not face that consequence. The transcript ends during continued discussion of HB 1548, with no final vote shown.
NH

New Hampshire 2025 Regular Session

House Labor, Industrial and Rehabilitative Services (02/18/2025)

Labor, Industrial and Rehabilitative Services

Transcript Highlights:
  • 26% wage replacement 26% wage replacement rate<00:10:42.480> and<00:10:43.120> uh<
  • increase that so that the replacement increase that so that the replacement rate<00:11:50.399>
  • replacement for the average...
  • So there would be a higher benefit cost, depending on what you set your wage replacement rate at.
  • > costs costs uh independent doctor costs costs uh independent doctor costs utilization<01:28:
Keywords: 1189, house, all
CA
Transcript Highlights:
  • the Harbor-UCLA Medical Center replacement program alone.
  • The overhead costs are also significant.
  • reduced costs and increase efficiency.
  • It does not replace city staff or eliminate public jobs.
  • It's HVAC systems that need replacing before they fail.
Summary: The committee heard eight bills, mostly on local government, housing, and public agency contracting. AB 1658 would make permanent higher change-order authority for Santa Clara and Los Angeles counties on large construction projects; supporters said it would reduce delays and save money on major projects, and the bill passed 6-0. AB 2263 would authorize the Santa Clara Valley Transportation Authority to develop employee-preference affordable housing; supporters said it would help with workforce retention and long commutes, and it also passed 6-0. AB 2134 would require city councils to allow parental leave without forcing members to seek public approval or risk losing their seats; supporters described the bill as necessary to protect new parents in local office, and it passed 6-0. AB 2188 would raise Midpeninsula Regional Open Space District’s contracting authority to $250,000, with supporters citing administrative savings and faster project delivery; after committee amendments, it passed 6-0. AB 2033 would let general law cities use job order contracting for repair and maintenance work, with safeguards against employee displacement; supporters called it an efficiency tool, while AFSCME opposed it over workforce impacts, and it passed 8-0 after amendments. AB 1768 would authorize Los Angeles County and Contra Costa County to ask voters to approve a temporary transactions and use tax to help offset major federal health care cuts and preserve clinics and public health services. Supporters from community clinics, Planned Parenthood, labor groups, counties, and health organizations said the measure would let voters decide how to respond to funding losses; opponents, including CalTax and some cities, raised affordability and tax-burden concerns. Members also discussed equity concerns within Los Angeles County and the importance of local control. The bill was moved out on a 5-2 vote and left on call. AB 2415 would allow the city of Folsom to shift housing obligations away from its historic district and toward other transit-oriented sites; supporters said it would preserve the historic district while still meeting housing goals, and it passed 10-0. AB 2741, heard at the end of the meeting, would give cities a grace period to fix housing elements that were certified by HCD but later found noncompliant by a court, especially where cities relied on overlay zones. Supporters from the League of California Cities, Redondo Beach, and real estate groups said cities acted in good faith and should not be immediately subjected to builder’s remedy; opponents from California YIMBY and legal aid groups argued the bill would weaken housing accountability and reward noncompliance. The transcript ends during testimony on AB 2741, before a final vote is recorded.
HI

Hawaii 2025 Regular Session

FIN Info Briefing - Tue Jan 7, 2025 @ 9:00 AM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • <00:13:01.959> of<00:13:02.120> each the particular costs of each the particular costs
  • <00:13:38.720> uh startup cost on that is approximately uh startup cost on that is approximately
  • or not or for vacancies replacing or not or attempting<00:36:48.319> to<00:36:48.880> replace
  • nearing end of life and so we replace nearing end of life and so we replace those<01:11:46.840><
  • Until we get a replacement.
Keywords: 910, house, all
Summary: The Committee on Finance received an informational briefing from the Department of Law Enforcement on its priorities following the January 1 transfer of law enforcement assets into the department, including the sheriff’s division, narcotics enforcement, criminal investigations, homeland security, and the inspector general’s office. DLE said its goals are to improve public safety, accountability, communications, training, and standards. The department outlined planned initiatives such as stronger federal partnerships, narcotics and gun-violence enforcement, an agricultural crime unit, traffic and commercial vehicle enforcement, an explosive/fireworks enforcement section, gun buybacks, new police facilities in the airport area, Aahu, and the leeward side, a state training center, upgraded law-enforcement IT, and efforts to narrow salary gaps with county departments to improve recruitment. A major portion of the discussion focused on illegal fireworks enforcement after the recent explosion tragedy. DLE said its current task force is small and relies on ad hoc support from HPD, the Attorney General’s office, criminal investigations, and sheriffs, which is not sustainable. The department requested eight FTEs for the effort—one administrator, two clerical staff, and six investigators—plus funding for a laboratory, equipment, storage, disposal, vehicles, safety gear, and a criminalist. DLE said the explosive enforcement section would use an existing facility and that the initial lab startup cost is about $2 million. Members asked for follow-up materials, and DLE said it would send the explosive enforcement forms and additional details to the Finance and Judiciary chairs. Members also questioned staffing vacancies, interagency coordination, and whether new specialized units could be filled. DLE said it has about 119 vacancies and that recruitment is hindered by a roughly $28,000 starting pay gap with county police departments; academy classes are down to about 12 to 14 recruits. The department said it is streamlining hiring, using QR-code recruitment, and hopes specialized units will attract applicants. On coordination, DLE said it works closely with HPD and other agencies on operations such as fireworks enforcement and public events, and that DOCARE remains a case-by-case partner but is not currently moving into DLE. The committee also received updates on the Silver Alert program, which is nearing rollout with county MOUs and a coordinator expected later in the month, the special duty officer program, which is being moved to a web-based vendor-managed system at no cost to the department, and the SaferWatch school safety system, which is being deployed statewide with annual software costs of $3,500 per school in the first year and $2,500 thereafter. No votes or formal actions were taken.
NM

New Mexico 2025 Regular Session

IC - Public School Capital Outlay Oversight Task Jul 14th, 2025

Public School Capital Outlay Oversight Task Force

Transcript Highlights:
  • So, we're comparing the old values that were determined by the state to those new values determined by
  • and replacements.
  • Higher costs for replacements, while a component within the state-local match formula known as the land
  • There's value in it, but we still have some work to do to encourage school districts to see the value
  • But there is value in energy management, and there are definitely cost savings that will pay for staff
WA
Transcript Highlights:
  • and increased costs for production.
  • It's hard to get fertilizer, and costs are high.
  • Sometimes they're on the shelf together at half the cost.
  • I think that there's some value seen now.
  • Is there a dollar figure for what we would need to replace that?
Summary: The committee held a work session focused on the effects of tariffs on Washington’s economy, agriculture, and small businesses, followed by updates on emergency management, cybersecurity, disaster resilience, tsunami preparedness, and World Cup security planning. Office of Financial Management economist Abdelamintrawe Trieri said tariff increases are expected to raise prices, reduce output and employment, and lower state revenue over a four-year horizon, with the hardest-hit sectors including aerospace, food and beverage manufacturing, and agriculture. Members asked about updated tariff scenarios, crop-specific impacts, inflation versus deflation in different goods, and whether some manufacturing sectors could benefit; staff said updated numbers would need to be rerun as tariff rates changed. Washington Department of Agriculture representative Ryan Hamm described how tariffs raise costs for farm inputs such as equipment, parts, packaging, and fertilizer, while also affecting exports of key commodities like wheat, potatoes, apples, cherries, dairy, and wine. He said some sectors support tariffs on competing imports, but retaliation and market restrictions have hurt exports, especially to China and, in the wine sector, Canada. Department of Commerce representative Andrea Chartock outlined export assistance, business finance, recruitment, and industry-sector development programs, and proposed expanding tariff-resilience support through market diversification, supply-chain optimization, and efforts to attract investment and federal funding. She also noted uncertainty around delayed federal STEP funding for small business export assistance. Emergency Management Division Director Robert Ezell warned that federal disaster and mitigation funding is becoming less reliable, citing the denied bomb cyclone disaster declaration, delays in FEMA grant processing, and possible restructuring of FEMA that could shift more responsibility to states. He said Washington may need stronger state-funded public assistance, individual assistance, and mitigation programs, along with broader coordination among state agencies and local governments. Cybersecurity staff described state efforts to support local governments through the Cybersecurity Advisory Committee, threat intelligence sharing, vulnerability assessments, and a proposed volunteer incident response team, while noting the loss of MS-ISAC funding and the importance of continued state matching funds for cybersecurity grants. Hazard mitigation and tsunami staff emphasized the need for sustained investment in flood, wildfire, earthquake, lahar, and tsunami resilience, including vertical evacuation structures and language-access outreach. Ezell also briefed the committee on World Cup security preparations and federal grants for counter-unmanned aircraft systems, explaining that the state can buy mitigation capabilities but current authority to use them remains largely federal; the committee asked follow-up questions about fan zones, training, and the meaning of drone mitigation. No votes were taken, and the meeting ended with adjournment after the presentations and questions.
MS

Mississippi 2026 Regular Session

Appropriations - Room 216, 20 January, 2026; 2:30 PM

Appropriations

Transcript Highlights:
  • > leakage<00:05:18.960> study talks about value added leakage study talks about value added
  • Ten billion, 75% of the value in this state is leaving our state for added value processing.
  • Ten billion, 75% of the value in this state is leaving our state for value-added processing.
  • uh in value added manufacturing that Dr. uh in value added manufacturing that Dr.
  • public health cost. public health cost.
Summary: Mississippi State University officials testified in support of the university’s separately funded agricultural, forestry, and veterinary units, emphasizing their economic impact, research output, and need for continued state support. Keith Cobalt, vice president for the Division of Agriculture, Forestry and Veterinary Medicine, said the division generates a $1.7 billion impact on Mississippi, but warned that state and local funding has not kept pace with federal dollars or inflation. He argued that global competition, especially from China and Brazil, is hurting row crop and forestry producers, and highlighted a Vision 2030 study finding about $10 billion in agricultural and forestry value leaves the state through value-added processing. He also raised concerns about rural depopulation and proposed rural innovation hubs to help retain population and jobs. Nick Frank, dean of the College of Veterinary Medicine, said state appropriations make up about 25% of the college’s operating budget and are needed to support salaries, staffing, and service capacity. He described the college’s education, diagnostic, and clinical missions, including disease surveillance and responses to threats such as avian influenza, screwworm, and equine herpes virus. Frank said the college is expanding facilities with $18 million in 2024 state funding for a new farm animal hospital and cattle handling facility, but still needs additional support for equine and small animal renovations. He also requested support for rural veterinary scholarships and said inflation and salary competition from other schools and private practice are making retention difficult. In response to committee questions, Frank said the college enrolls about 118 to 119 students per class, with roughly 54 to 55 in-state students and tuition of about $29,900 for in-state and $53,000 for out-of-state students. He clarified that the “vet assistants” program is a four-year bachelor’s degree in veterinary medical technology, not a certificate. He also explained that staffing growth has largely been in the hospitals to address clinical shortages and improve care. Dr. Westberger, dean of the College of Forest Resources and director of the Forest and Wildlife Research Center, said Mississippi’s forests support a $19 billion economic impact, 84,000 jobs, and a $4.5 billion payroll, while also providing environmental benefits. He said the college and research center are nationally recognized, including an NSF ranking placing Mississippi State 10th in natural resource conservation research expenditures for a small university. Westberger highlighted research on forest management, pest detection, mass timber, wildlife disease surveillance, and value-added bioproducts, including efforts to attract mills and manufacturing. He said Mississippi has added 10 mills or mill expansions in five years with more than $1.5 billion in investment and over 1,000 high-paying jobs, and noted the college is planning a new mass-timber annex to address capacity and showcase the material. No votes or formal committee actions were taken in the portion provided.
CA
Transcript Highlights:
  • One would be telling you current replacement values so you... ...current replacement values so you could
  • cost of education.
  • In your report, you showed on page 18, the cost of construction dramatically... ...outpacing the cost
  • On their cost.
  • And, you know, the cost of capital is just as important as the cost of construction.
Summary: The committee’s first major discussion focused on higher education facilities across UC, CSU, and the community colleges, with Chair Alvarez framing the issue as a final budget hearing before the May Revise. The LAO presented findings that campuses have grown substantially in buildings and square footage, while classroom and lab utilization remains below legislative standards and deferred maintenance backlogs continue to rise. The LAO also emphasized that the state and segments lack comprehensive data on capital renewal spending and recommended better reporting, clearer funding targets, and long-term planning for renewal and maintenance. UC, CSU, and community college representatives each described large five-year capital plans, aging facilities, seismic and deferred maintenance needs, and the role of student housing, while noting that construction costs are rising faster than inflation. Members questioned the segments about debt service, utilization rates, and how projects are prioritized. UC said its debt service tied to state support is about $665 million annually and described a $30 billion five-year capital financial plan, including housing, medical centers, and building renewal. CSU said it has about $31 billion in five-year needs and more than $8 billion in deferred maintenance, with funding coming from a mix of state-related and one-time sources since the state shifted capital responsibility to CSU. Community colleges said their unmet facilities needs total about $33.5 billion and explained their use of a scoring matrix and FUSION system to rank projects. The chair and members pressed all three systems to better distinguish between projects that are truly shovel-ready and those that are long-term needs, and discussed whether facilities condition data, total cost of ownership, and more standardized metrics should guide future bond proposals. The committee then turned to Proposition 2 and the Governor’s proposed community college capital outlay projects. The Department of Finance said Prop. 2 provides $1.5 billion for community colleges and that the Governor’s budget proposes 29 projects, with two continuing Prop. 51 projects also included. The LAO supported the overall use of the funds but raised concerns about the current 65/35 split between modernization and growth, the unusually large share of gymnasium projects, and some scoring metrics that favor larger campuses and certain regions. Community college officials said the scoring system was developed through participatory governance and would take one to two years to revise, but they supported the funding and agreed to follow up on questions about project categories and the rationale for the weighting. Members also suggested giving more weight to modernization, regional access, and intersegmental or collaborative projects. A final item addressed the CalKids program. The Department of Finance proposed $56,000 ongoing General Fund for three positions, while the LAO recommended approving two positions but rejecting a manager position until the current $7.5 million marketing campaign is evaluated. ScholarShare’s executive director said CalKids has enrolled more than 5 million children, with nearly 600,000 claims and over $45 million distributed, and argued that additional staff and outreach are needed to reach a goal of 1 million claimed scholarships by the end of 2025 and to implement AB 2808. Members asked about marketing effectiveness, data sharing, and eligibility rules, and the program said it is expanding partnerships with Cradle to Career and CSAC. No final vote was taken in the hearing, and the chair indicated the facilities item would be held open.
FL
Transcript Highlights:
  • an opportunity to argue or try to capture some sort of cost-effective program or value or to protect
  • We're about trying to achieve some sort of cost reduction or long-term value or to protect the customers
  • But I just got to let you know that there has to be value. I have to be capturing value.
  • I have to be capturing value. But I just got to let you know that there has to be value.
  • And it gives surety and value to the customer. But it also provides that value to...
Summary: The joint committee met with a quorum present and first received an overview of its jurisdiction and duties related to appointing the Florida Public Counsel. Staff explained the committee’s authority under joint rules and state law, noted that the current Public Counsel’s term expires February 28, 2025, and that applications for the next four-year term were open with a February 6, 2025 deadline. The committee then heard an extensive update from Public Counsel Walt Truerweiler on the Office of Public Counsel’s work representing utility ratepayers before the Public Service Commission and in appeals. Truerweiler described the office’s caseload and priorities, including electric, gas, water, and wastewater rate cases; storm recovery dockets; cost-recovery clauses; rulemakings; and customer service hearings. He emphasized that the office seeks to challenge unsupported or imprudent costs, find value for customers, and use expert analysis and customer testimony to shape outcomes. He highlighted recent and ongoing matters, including major Duke, TECO, Sunshine water/wastewater, and hurricane recovery proceedings, and said the office had fully litigated four of its last five rate cases, while also achieving a major settlement in Duke that reduced a requested increase and imposed cost controls on solar projects. Members praised the office’s work and asked about the benefits of settlements, staffing and compensation, and how the office decides when to fully intervene versus provide guidance or monitor a case. Truerweiler said settlements can create predictability, reduce uncertainty and expense, and produce tangible value for both customers and utilities. He also acknowledged recruitment challenges, including lower pay than comparable agencies and difficulty attracting attorneys who do not want in-person litigation work. The committee took no substantive action beyond receiving the presentations, and adjourned after a motion was adopted.