Video & Transcript Research : 'replacement cost value'

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CA

California 2025-2026 Regular Session

Assembly Emergency Management Committee Jun 22nd, 2026

Emergency Management

Transcript Highlights:
  • are the costs?
  • they're replacing.
  • or was it the same cost?
  • or was it the same cost?
  • It cost $751,000.
Keywords: 988, house, all
FL

Florida 2026 4th Special Session

January 15, 2026 - 08:00 AM

Transcript Highlights:
  • of local governments and to reduce the cost to the Rep.
  • But cost and benefit and cost and risk is important.
  • property values.
  • of capital equipment replacement.
  • Today the same truck would cost $1.5 million.
TX

Texas 89th Regular

Appropriations - S/C on Articles I, IV, & V Feb 24th, 2025

Appropriations - S/C on Articles I, IV, & V

Transcript Highlights:
  • Rider 3 requires the Commission to provide the LBB with a 10-year projected equipment replacement cost
  • Envisions the 2026-27 biennium as having a spike in replacement costs. which could potentially ease the
  • Is the cost of living increase. In January into December, ERS provided a cost.
  • Did LBB come up with any potential costs that it would cost the agency?
  • The cost, housing costs mainly, are the big.
Keywords: 1184, house, all
FL

Florida 2026 Regular Session

Appropriations Committee on Transportation, Tourism, and Economic Development Jan 14th, 2026

Appropriations Committee on Transportation, Tourism, and Economic Development

Transcript Highlights:
  • Largely, our private match comes from promotions that we generate in value.
  • Generating value is what we're here to do for our residents.
  • And so is there more value in having that and body cameras?
  • , and noted that the costs are federally reimbursed.
  • costs per man-hour, flight hour, and marine hour.
Bills: S0048
Summary: The Appropriations Committee on Transportation, Tourism, and Economic Development heard presentations on the Governor’s recommended budget for fiscal year 2026-27 and then considered one bill, CS/SB 48 on accessory dwelling units (ADUs). The Governor’s office outlined a $117.4 billion overall budget, with transportation and economic development receiving about $18 billion statewide and $601 million in general revenue. Agency heads then presented priorities for Commerce, Highway Safety and Motor Vehicles, Military Affairs, State, Transportation, Emergency Management, and the Florida State Guard, emphasizing workforce development, housing, tourism marketing, aviation and space infrastructure, law enforcement recruitment, emergency preparedness, and military readiness. In the Commerce presentation, Secretary Kelly highlighted funding for housing programs, the Hometown Heroes program, the Florida Job Growth Grant Fund, rural infrastructure and workforce grants, Reconnect and Florida WINS systems, law enforcement and firefighter recruitment bonuses, defense support, Visit Florida, Space Florida, and SelectFlorida. Senators asked about Visit Florida’s private match requirements and whether the agency fully leveraged prior appropriations; Visit Florida’s CEO said the match was met and exceeded, though it is difficult but important. The Highway Safety and Motor Vehicles presentation focused on trooper pay, pursuit vehicles, aviation assets, and enterprise data systems, with questions about immigration enforcement and body cameras. Military Affairs requested funding for readiness centers, training facilities, education and health benefits for Guardsmen, and maintenance of existing armories; members discussed Guard deployments, staffing levels, and a proposed firing range project. The Department of State requested funds for automated election audits, a conservation lab, and historic preservation, and defended its arts grant process and rule changes. Transportation’s budget emphasized a $14.3 billion work program, road and bridge maintenance, aviation and aerospace, safety initiatives, and seaport investments, while Emergency Management requested funding for preparedness, flood mitigation, WebEOC, grants management, and alert systems; senators also asked about the Alligator Alcatraz detention facility. For CS/SB 48, Senator Gates explained that the bill would require local governments to allow property owners to voluntarily create ADUs, while preserving local authority over setbacks, construction, and permitting. An amendment removed reusable tenant screening reports and clarified that conforming ADUs would be allowed by right without a separate hearing. The Florida Restaurant and Lodging Association supported the bill, saying ADUs could help provide long-term housing for service workers. After questions about local government and HOA authority, the committee adopted the amendment and then reported CS/SB 48 favorably by roll call vote.
CA
Transcript Highlights:
  • My question is: what do we anticipate the average cost per page to be?
  • Do you believe that it would be cost prohibitive to some of these folks?
  • , um... ...of the bounds of just covering the cost.
  • And at CSUs alone, housing is double the cost of tuition.
  • And at CSU's alone, housing is double the cost of tuition.
Summary: The committee heard several higher education bills. It first approved the consent calendar, which included SB 67 and SB 619. The main discussion centered on SB 437, which would direct the CSU system to develop a fair, evidence-based process for verifying whether someone is a descendant of a person enslaved in the United States, as part of the state’s reparations work. Supporters said the bill fills a gap left by the Reparations Task Force and would create a transparent, credible lineage-verification process; opponents argued genealogy methods already exist, the bill would waste money and delay action, and some raised constitutional concerns. The committee took a vote on SB 437, but the roll was left open after the initial tally showed three ayes and three noes. The committee then heard SB 790, which would allow California to join the interstate reciprocity agreement for online postsecondary education. The author and supporters said the bill would improve consumer protections for California students taking out-of-state online courses and help California institutions compete more effectively by reducing the burden of seeking separate state approvals. Opponents, including University of Phoenix and other groups, argued the bill conflicted with the existing reciprocity framework, could exclude some institutions, and might not actually secure California’s entry into the agreement. The committee voted 3-1 to pass SB 790 as amended to the Business and Professions Committee, with the roll left open. The committee also heard SB 391, which would authorize the Community College Chancellor’s Office to charge fees for research partners seeking access to data. Supporters said the office is absorbing significant unfunded workload from data requests and that fees would help recover costs; opponents, including the California Teachers Association community college association, warned the fees could create barriers for faculty and smaller researchers. Members discussed possible exemptions and implementation details. The committee voted 5-1 to pass SB 391 as amended to the Appropriations Committee, with the roll left open. Finally, the committee heard SB 685, a pilot program to provide cost-of-attendance assistance at four CSU campuses for students who experienced homelessness in high school. Supporters said it would help students cover housing, food, and transportation costs and reduce dropout risk; members asked about eligibility and implementation, and the author explained the bill would use McKinney-Vento homelessness designations and target students at risk of “summer melt” and college homelessness.
NM

New Mexico 2026 Regular Session

Senate - Health and Public Affairs Feb 1st, 2026 at 01:15 pm

Senate Health & Public Affairs

Transcript Highlights:
  • This advocacy has come at a cost; I know this has been a profound cost to my mental health, but I'm here
  • The cost on a survivor—right now we know that the lifetime cost for productivity loss, child welfare,
  • actual crime costs, therapy, medication, and suicide-related costs on average is about $212,000.
  • I don't know what will replace us, but it will not be New Mexicans replacing New Mexicans.
  • As my colleague brought up the value of women and the value of cows.
Bills: SB41, SB33, SB32, SB30
MN

Minnesota 2025-2026 Regular Session

House Veterans and Military Affairs Division 3/12/25

Veterans and Military Affairs Division

Transcript Highlights:
  • um with that expansion comes added cost um with that expansion comes added cost with<00:10:03.200
  • 04.200> fundraising with added cost comes added fundraising with added cost comes added fundraising
  • Ground replacement, usually not trained. Oh, okay.
  • fully execute some purchases to replace fully execute some purchases to replace uh<00:35:02.599>
  • You mentioned that to see this bill through there would be a cost of 828 plus one something.
Keywords: 1183, house
MN

Minnesota 2025 1st Special Session

Committee on Education Finance - 04/09/25

Education Finance

Transcript Highlights:
  • related to roof repair and replacement.
  • of roof repair and the the costs of roof repair and replacement replacement replacement um<00:52:01.599
  • excess of those um project uh value excess of those um project uh value thresholds<00:53:58.319>
  • clarifying when uh administrative costs clarifying when uh administrative costs uh<00:57:01.839>
  • . like pupil counts or actual costs.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House Energy Finance and Policy Committee 3/26/26

Energy Finance and Policy

Transcript Highlights:
  • efficiency, it only costs 2 cents. efficiency, it only costs 2 cents.
  • energy costs. energy costs.
  • comes to energy costs. comes to energy costs.
  • what solar costs versus what we cost what solar costs now.<01:12:09.400> So<01:12:09.800>
  • that affect safety and cost. that affect safety and cost.
MN

Minnesota 2025 1st Special Session

House Agriculture Finance and Policy Committee 3/24/25

Agriculture Finance and Policy

Transcript Highlights:
  • We deal with a full value chain of people.
  • We deal with a full value chain of people.
  • uh if if you don't need to be replaced uh if if you don't replace<00:20:07.240> these<00:20:07.400
  • <00:42:44.920> of small of a project or the value of small of a project or the value of reimbursement
  • , why does the producer have to pay for that cost?
NH

New Hampshire 2026 Regular Session

House Health, Human Services and Elderly Affairs (02/24/2026)

Health, Human Services and Elderly Affairs

Transcript Highlights:
  • increased cost. increased cost.
  • Now, indirect costs.
  • Now, indirect costs.
  • Indirect costs: crime.
  • Indirect costs: social trust.
Keywords: 1189, house, all
AL

Alabama 2026 Regular Session

Alabama Senate Mar 10th, 2026

Alabama Senate Floor Meeting

Transcript Highlights:
  • Replace line 10 on page one with the following. Replace line 21 on page one with the following.
  • Replace line 26 on page one with the following. Replace line 57 on page three with the following.
  • replace line 88 on page four with the following; replace line 94 on page four with the following; replace
  • Replace line 154 on page six with the following; replace line 156 on page six with the following; replace
  • with minimal if any cost. with minimal if any cost.
Keywords: 920, all
Summary: The Alabama Senate convened, heard a prayer and pledge, established a quorum, excused absent senators, and adopted the prior journal. The chamber received House messages, including referral of Senate Confirmation 89 for Rex Jones to the Underground and Aboveground Storage Tank Trust Funds Management Board, and concurred in Senate Bill 231 after a 30-0 vote. Several local House bills were referred to the Committee on Local Legislation. During personal remarks, Senator Coleman-Madison recognized Women’s History Month and highlighted Alabama native Mary Ellen Jolly and her book, "Accidental Activist," praising women who support the legislature. The Senate then processed committee reports, including favorable reports on multiple Finance and Taxation General Fund bills (SB 143, 144, 145 with substitute, 152, 153, 154, 162, 226 with substitute, and 146 with substitute and one abstention), as well as confirmations for Nancy Sandford, Marty Abrams, and Jim Page to the University of North Alabama Board of Trustees, all of which were confirmed. Committee reports also advanced several county and municipal and local legislation measures, including SB 292, HB 351, HB 141, HB 273, HB 504, HB 488, SB 343, and SB 346. On the floor, SB 333 on class two municipalities passed after adoption of its BIR and committee amendment, and HB 308, a proposed constitutional amendment for Mobile County, passed after the Senate tabled the committee amendment, adopted a substitute amendment by Senator Figures, and approved the certification resolution. SB 334 for Shelby County, SB 339 for Crenshaw County, and HB 507 for Covington County also passed, with certification resolutions adopted where required. The governor returned SB 228 with an executive amendment, and the Senate concurred 33-0. The Rules Committee report set the special order calendar for the next legislative day, listing bills including SB 91, SB 280, SB 181, SB 237, SB 326, SB 255, HB 77, HB 104, HB 110, HB 271, HB 362, HB 332, HB 429, SB 211, HB 125, HB 122, HB 124, SB 140, SB 199, and SB 332. Senator Singleton spoke at length criticizing the handling of minority-sponsored bills and questioning several measures, and after debate the Senate adopted the special order calendar 34-0. SB 91 was then carried over at the call of the chair.
HI
Transcript Highlights:
  • This increased cost would be passed through to our customers, leading to higher energy costs for Hawaii
  • This increased cost would be passed through to our customers, leading to higher energy costs for Hawaii
  • This increased cost would be passed through to our customers, leading to higher energy costs for Hawaii
  • agricultural products and local value agricultural products and local value added<00:15:01.079><
  • oriented Replace the four transit oriented Replace the four transit oriented development<00:27
Keywords: 912, senate, all
Summary: The committee heard testimony and then took up House Bill 1369, which would repeal several tax credits and exemptions, including the renewable fuels production tax credit. Testimony was overwhelmingly opposed: Hawaii Gas, the Hawaii Renewable Fuels Coalition, and the Tax Foundation all raised concerns, with opponents arguing the renewable fuels credit has supported major local investment, cleaner fuel production, and energy resilience, while Hawaii Gas warned repeal would raise costs for customers. The Department of Taxation said it did not take a position but provided revenue estimates, saying the bill would increase revenues by about $33.8 million in FY 2026 and $121.7 million in FY 2027; DBEDT said it would follow up on broader economic impacts. The chair proposed a series of amendments that removed some repeals, added five-year sunsets to certain exemptions, narrowed or conditioned others, and tied the renewable fuels exemption to a dollar-for-dollar match for renewable fuel production certified by the state energy officer. The committee recommended passage with amendments, and the motion was adopted with multiple members voting with reservations. The committee then moved through a series of other measures. HB 159, HB 244, HB 280, HB 316, HB 716, HB 1298, and HB 1295 were recommended for passage, with HB 1295 amended to change a date to 2050. HB 455 was amended to remove the Hawaii Startup Business Loan Program language and instead fund DBEDT contracting for startup financing and support, excluding businesses already eligible for the community-based economic development loan program. HB 504 was amended to add non-recurring appropriations for the Hawaii Tourism Authority, conditioned on formal commitments to purchase local products under the HRS 27-8 timeline; members discussed the cruise passenger tax and where the revenue would go, and the bill was passed with amendments. HB 606 was amended to recognize DHHL authority over mercantile projects licenses, remove some reporting requirements, and replace the appropriation with $25 million for mercantile projects and $25 million for repair and maintenance. HB 1378 was amended to allow the foundation to enter public-private partnerships, adjust appropriation language, and cap a proposed limit at $15 million, with the committee noting the changes addressed concerns raised in testimony from BNF and the attorney general. HB 974 was deferred indefinitely because the House had already passed SB 1501. Finally, HB 1007 was amended to rename the transit-oriented development infrastructure district program as the transit-oriented community improvement program, consolidate the boards into one, expand board membership, add conflict-of-interest provisions, and allow legislative designation of areas; after discussion about HCDA’s role and the stadium district, the measure was adopted with one reservation.
MN

Minnesota 2025-2026 Regular Session

House Capital Investment Committee 4/24/25

Capital Investment

Transcript Highlights:
  • estimated cost of our roadway project. estimated cost of our roadway project.
  • The city plans to replace the life.
  • The city has to replace re exposure.
  • With an estimated cost of 10.5 Trail.
  • But we city since it's been replaced.
MN

Minnesota 2025 1st Special Session

House Veterans and Military Affairs Division 2/12/25

Veterans and Military Affairs Division

Transcript Highlights:
  • <00:26:31.320> by retain and didn't have to replace by retain and didn't have to replace by
  • The challenge that we have is the construction costs have absolutely gone through the roof, and the cost
  • These hangars need to be replaced.
  • <00:48:23.640> over happen with the values over happen with the values over 300,000<00:48:
  • When he bought his house, it cost him $89,000. Today that house is valued at $312,000.
Keywords: 1183, house
HI

Hawaii 2025 Regular Session

CPC/CPN Joint Info Briefing - Wed Dec 17, 2025 @ 9:30 AM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • cost<00:28:42.159> to homeowner the replacement cost to homeowner the replacement cost
  • cost exceeds the maximum limit offered because if the homeowner is not insured to full replacement cost
  • <00:33:17.200> cost<00:33:17.519> exceeds the dwelling replacement cost exceeds the
  • <00:33:24.799> cost,<00:33:25.440> then insured to full replacement cost, then insured
  • >> Yeah. >> Is it the replacement cost?
Keywords: 910, house, all
Summary: The joint committees held an informational briefing on efforts to expand insurance capacity in Hawaii’s property market, especially for condominium and homeowners coverage. The Insurance Commissioner reviewed the background: a legislative task force, the governor’s emergency proclamation in August 2024, and Senate Bill 1044 in May 2025 led to new condo insurance products. He said the work over the past two and a half years was producing positive results and introduced representatives from HPIA and HHRF/HHR to provide updates. HPIA’s board chair and its administrator described the organization’s history, structure, and current products. HPIA said it was created in 1991 as a residual market for homeowners insurance, now writing four residential products: HO2 homeowners, renters, HO6 condo unit owners, and dwelling fire. They reported policy counts have grown again as admitted-market carriers tightened underwriting, and they discussed financial pressure from reinsurance costs, though those costs had declined in 2025 after different purchasing decisions. They also said the market has become more favorable overall, with some capacity returning and deductibles beginning to ease. Members focused much of their questioning on HPIA’s proposed higher dwelling limits. HPIA explained that the current $450,000 limit for homeowners and dwelling fire was set in 2023, but agents are now asking for a higher limit in the $650,000 to $750,000 range because construction costs have risen and many policies are not being submitted when the limit is too low. HPIA said it has the authority to raise the limit through a filing with the Insurance Division and expects more submissions if the cap increases. They also discussed the shift in the book of business from roughly 70% lava-zone coverage to closer to a 50/50 split between lava and non-lava risks. HPIA outlined strategic initiatives: a new policy administration system that went live October 1 and now allows online payments, online claims reporting, and electronic notices; a filed request to raise the homeowners and dwelling fire limit to $650,000 effective March 1 for new business and April 1 for renewals; an increase in the HO6 condo unit owners limit from $5,000 to $100,000; and a planned commercial property all-other-perils-excluding-hurricane condo product targeted for filing by January 31. No votes were taken, and the meeting was informational only.
KY
Transcript Highlights:
  • First one today is with the Library and Archives roof replacement project.
  • <00:01:58.360> The archives roof replacement project.
  • The archives roof replacement project.
  • what it is is they will submit a cost what it is is they will submit a cost reimbursement<00:21:
  • Series B bonds for present value Series B bonds for present value savings. savings. savings.
Summary: The committee first discussed and approved a new airport-related project involving two 60-by-80 corporate hangars. Members asked about how the project would generate revenue, and staff explained that hangar rent and fuel sales would help repay the costs, with more than half of the funding coming from the FAA. The project was approved by roll call vote. The committee then approved two large capital pool projects: a $1,715,120 roof replacement and skylight project for the Libraries and Archives building in Frankfort, and a $2,105,400 exterior renovation project for several state buildings, including Health and Family Services, the Kentucky History Center, and the State Office Building. After that, the Kentucky Infrastructure Authority presented one loan increase and five grant reallocations. The loan increase was for Springfield’s wastewater treatment plant project, rising by $262,300 to just over $2.88 million because bids came in higher than estimated. Members asked about the delay between approval and bidding, and staff explained the design, environmental review, and state approval process can take one to two years. The committee approved the six action items, and then received informational updates on additional water projects that required no action. The Cabinet for Economic Development next presented one forgivable loan and 11 KPDI/KPDI EDF grant projects. The loan was a $1 million forgivable loan for the Perry County Economic Development Board to acquire the Coalfields Industrial Building, with repayment forgivable if a project creates at least 75 jobs. The grant projects included site-readiness and industrial development work in Pendleton, Elizabethtown/Hardin, McCreary, Floyd, Marion, Fleming, Graves, Eddyville/Lyon, Caldwell, Mercer, and Johnson counties. Members asked how local match percentages are set and were told they are based on county population and updated every two years; staff also explained that beneficiaries usually provide the match and are reimbursed after submitting costs. The committee approved the action items. Finally, the Office of Financial Management presented two new debt issues and three SFCC debt issues. The new debt items were a Kentucky Housing Corporation bond authorization of up to $600 million for single-family mortgage revenue bonds, including a $100 million initial transaction, and a $5.5 million multifamily conduit bond for 98 apartments in Lexington. Informational items covered University of Kentucky refunding bonds and Turnpike Authority refunding bonds, both of which produced savings. The three SFCC debt issues for Campbell, Edmonson, and Perry counties were then approved by roll call vote. The meeting ended with brief discussion of the upcoming calendar and scheduling before adjournment.
KY
Transcript Highlights:
  • cost of equipment replacement for the cost of equipment replacement and<00:37:41.520> ongoing<
  • cost us more the long run. All right. cost us more the long run. All right.
  • cycle replacements. cycle replacements.
  • two independent replacement projects. two independent replacement projects.
  • If you look at the project cost, the total forecasted cost is $151 million.
Summary: The meeting was the first of the year for the Capital Planning Advisory Board. Members were called, a quorum was confirmed, new co-chairs and members were welcomed, and the board approved the prior year’s meeting minutes. The chair also reviewed the capital planning timeline, packet organization, and the list of agencies that submitted plans but would not testify. The Cabinet for Health and Family Services presented first, outlining priorities centered on public safety, protecting existing infrastructure, preventive maintenance, and improving service delivery. Its major requests included a $21 million maintenance pool for 14 campuses and 175 buildings, phase 2 construction funding for a new public health laboratory, an 18-bed psychiatric hospital for children and adolescents with severe mental health needs, and several projects at Western State Hospital, Western State Nursing Facility, Hazlewood, and Oakwood. Members asked about the youth facility’s relationship to a separate DJJ project, vacant buildings, the high per-bed cost of the children’s hospital, and how the cabinet determined the need for the youth facility. CHFS said the youth project would be a separate facility serving high-acuity youth, the cost reflected the specialized nature of the unit and an 18-bed cap, and the broader youth plan also includes prevention, in-home services, and coordination across agencies. The Kentucky Department of Education then described projects for its three state-operated facilities: the Kentucky School for the Deaf, the Kentucky School for the Blind, and the FFA leadership training center. It requested additional funding for the FFA classroom and activity building after bids came in higher than expected, plus funding for a new education finance application system to support SEEK budgeting. Other priorities included a maintenance pool, FFA pool renovation, electrical upgrades, campus education enhancements, lighting improvements, safety and security work, door and window replacements, and HVAC maintenance. Members asked about student outcomes, the size of the FFA pool, and construction cost assumptions; the department said it tracks students through the schools and short-course programs, the pool size figure may have been a typo, and current construction estimates are being adjusted upward because of inflation and supply-chain pressures. The Education and Labor Cabinet began its presentation with 12 priority projects, including a state labor exchange system to connect job seekers and employers, renovation of the McDow Vocational Rehabilitation Center, and a new adult education and family literacy management information system. The cabinet said the labor exchange would help match workers with employers at no cost, while the McDow renovation was needed because the 30-year-old facility has safety and code concerns. The adult education system was described as outdated and lacking adequate case-management and tracking capabilities.
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 04/14/26

Taxes

Transcript Highlights:
  • replacement to petroleum-based jet fuel. replacement to petroleum-based jet fuel.
  • lower cost for middle-class families. lower cost for middle-class families.
  • the cost of the conformity. the cost of the conformity.
  • There's no value. There's a value there.
  • value that comes from the consumer. value that comes from the consumer.
Keywords: 1187, senate, all
NM

New Mexico 2025 Regular Session

IC - Public School Capital Outlay Oversight Task Sep 9th, 2025

Public School Capital Outlay Oversight Task Force

Transcript Highlights:
  • These are the large replacement or new school projects, systems projects which are replacing a particular
  • it costs nowadays.
  • State charter schools cover all operational costs independently, including transportation costs, staffing
  • That total cost is $27 million.
  • And so what's the cost? What's the true cost? And is there an issue when you pay on the higher end?