Transcript Highlights:

• what is setting the price. what is setting the price.
• price, right?
• ; Uh the prices the price would be higher >> Uh the prices the price would be higher than<00:36
• to help control the price. to help control the price.
• They set those prices. We came through. They set those prices.

Keywords: 1189, house, all

Transcript Highlights:

• We need an egg price plan. Dr.
• We are taking, uh, price-control concerns off the backs of industries.
• uh taking uh price control uh price uh taking uh price control uh price uh concerns<02:49:28.600
• Stock market tanking, prices of fuel going up, prices of food going up, prices of cars, vehicles going
• Stock market tanking, prices of fuel going up, prices of food going up, prices of cars, vehicles going

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, March 4, 2025, 1012, house, all

Transcript Highlights:

• see an improvement in housing prices. see an improvement in housing prices.
• And since new home price in the region.
• 2005, our housing uh new home price 2005, our housing uh new home price growth<00:29:42.080>
• I don't see anything here about price controls.
• <01:12:24.320> as can appro a afford the median price as can appro a afford the median price

Keywords: 1187, senate, all

Transcript Highlights:

• , higher car prices, higher prices for car seats, and strollers.
• Food, gas, and electricity prices are all up.
• They promised to reduce grocery prices.
• They promised to cut electricity prices in half.
• PRICES IN HALF. AUGUST ELECTRICITY PRICES WERE 6% HIGHER THAN A YEAR AGO.

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, September 16, 2025, 1012, house, all

Transcript Highlights:

• <00:09:33.839> Straight purchase price? Straight purchase price?
• >> straight purchase price. >> straight purchase price.
• We're looking at the strike price. >> Correct.
• That's assuming price. >> The froers would agree with that.
• That's<01:10:59.040> assuming<01:10:59.920> price.

Keywords: Reuploaded tor restore the roll call and minutes approval 0:00:01 Call to Order and Roll Call 0:00:20 Approval of Minutes 0:00:50 Information Items 0:01:39 Project Rpt from Eastern KY University 0:06:54 Lease Rpt from University of KY 0:11:33 Project Rpt from Finance and Admin Cabinet 0:18:50 Lease Rpt from Finance and Admin Cabinet 0:29:33 OFM – KY Infrastructure Authority 0:38:27 OFM – Debt Issues 0:46:27 Louisville Arena Authority 1:24:30 Adjournment, 958, all

Summary: The committee first approved the November minutes and received information items on University of Kentucky medical and research equipment purchases, five school districts reporting upcoming bond issues with no additional tax levies needed, and a School Facilities Construction Commission list of prior debt issues for fiscal year 2026. It then considered an appropriation increase for a University of Kentucky project at the Central Kentucky Regional Airport in Richmond. University officials said the project is 100% federally funded and will construct a terminal building tied to EKU’s airport operations and planned flight school. Members asked about the relationship to aviation expansion and whether the flight school would be publicly operated; the witnesses said EKU would operate it, public appropriations had already been applied, and student revenue would help offset costs. The committee approved the item by roll call vote. Next, the committee approved a University of Kentucky lease purchase for property at 415 West Sun Street in Morehead, Rowan County, for $6.4 million. UK said the property, which includes an 85,000-square-foot facility on 9.6 acres, is directly across from UK St. Clair and was offered by the Rowan County Board of Education after it moved to a new location. Members questioned why the payment schedule was structured as quarterly installments and why the price was below two appraisals; UK said the board requested the arrangement and did not want the full amount upfront, and there was no interest on the purchase price. The committee also approved this item. The deputy state budget director then reported three appropriation increases in the Tourism, Arts and Heritage Cabinet: a Ballard Wildlife Management Area pump station project, Lake Barkley State Resort Park emergency repairs, and Lake Barkley lodge wing exterior repairs. After questions, staff explained the Lake Barkley increases were mainly to cover construction contingencies because bids came in close to available funding. The committee approved the action items, then heard four no-action pool projects: HVAC upgrades at the FFA leadership training center in Hardinsburg, Kentucky School for the Blind’s McDaniel Scoggin building, KSD’s Brett Brady Hall, and a Kentucky State University Shanty Hall renovation for the School of Engineering Technology. Finally, the committee heard two real property items: a new CHFS lease in Wayne County and a Transportation Cabinet lease modification in Christian County. The Wayne County lease drew the most discussion, with members questioning the high per-square-foot cost and whether another county location could be used; CHFS said it maintains offices in every county seat, this lease would replace an existing 1977 office, and the new construction was negotiated down from a higher initial bid. The Christian County item was described as a replacement site for driver licensing space, with renovation costs partly absorbed by the lessor and the remainder amortized over the lease term.

Transcript Highlights:

• wholesale prices? wholesale prices?
• increase for the be a functional price increase for the general<01:06:01.960> public.
• Producer direct shipper has a price and a certain tax. Up to wholesaler distributor...
• That's going to go up with the consumer price index. Um, it's a competitive issue.
• go up with the the consumer price index. go up with the the consumer price index.

Keywords: An issue was found with the live stream of this meeting. This version was uploaded as a complete version and should contain the entirety of the meeting. Meeting Start 00:00:00 Roll Call 00:00:15 HB 647 Discussion 00:02:00 HB 647 Vote 00:05:47 HB 501 Discussion 00:07:40 HB 501 Vote 00:09:53 HB 502 Discussion 00:11:20 HB 502 Vote 00:14:48 HJR 75 Discussion 00:16:53 HJR 75 Vote 00:17:35 HJR 76 Discussion 00:19:00 HJR 76 Vote 00:19:43 HB 869 Discussion 00:21:22 HB 869 Vote 00:30:00 HB 619 Discussion 00:31:39 HB 619 Vote 00:34:33 HB 356 Discussion 00:36:22 HB 356 Vote 00:40:19 HB 900 Discussion 00:43:17 HB 900 Vote 00:46:21 HB 816 Discussion 00:48:02 HB 816 Vote 00:53:47 HB 9 Discussion 00:55:05 HB 9 Vote 01:18:25 HB 757 Discussion 01:21:04 HB 757 Vote 01:35:55, 958, all

Transcript Highlights:

• one-bedroom rental at fair market prices one-bedroom rental at fair market prices for<00:49:17.000
• largest uh Factor increasing the prices largest uh Factor increasing the prices of<01:02:22.440>
• in 2024 the median living house prices in 2024 the median home<01:21:20.199> prices<01:21:20.520
• price price utilities<01:21:26.120> are<01:21:26.400> three<01:21:26.679> times
• driving up prices in Hawaii imported driving up prices in Hawaii limited<01:21:33.560> economic

Keywords: 910, house, all

Summary: The committee on Economic Development and Technology met on February 7, 2025, to hear testimony on several bills and later take up amendments and votes. HB 1405, HB 1406, and HB 1407 drew broad support from business, housing, utility, and development groups, with no opposition noted on those measures. Testifiers generally said the bills would streamline permitting, improve coordination, and expand support for chambers of commerce and small businesses. After recess, the chair recommended amendments to each bill, including changes to broaden eligibility, add reporting requirements, and include funding and staffing notes. HB 1405 was amended to allow certain projects with one state and one county permit to qualify, require annual DBEDT reports to the Legislature, and note one full-time position and $125,000 in funding; the committee voted to pass it with amendments. HB 1406 was amended to move the intergovernmental task force from DBEDT to the House Legislature, add a Speaker-appointed chair, and include a $125,000 appropriation note; it also passed with amendments. HB 1407 was amended to convert the chamber support from a grant process to an RFP process and require a 1-to-5 match on a $100,000 award; it too passed with amendments. In each case, the chair’s recommendation was adopted, with Representative Tam excused. The committee also heard HB 796, a tax-credit review bill, which drew no support and 12 opposition testimonies with three comments. Opponents, including SAG-AFTRA Hawaii, Hawaii Children’s Action Network, Catholic Charities Hawaii, and the Tax Foundation of Hawaii, argued that automatic sunset provisions or broad tax-credit cuts would burden working families and that existing review mechanisms already exist under state law. The Department of Taxation and DBEDT offered technical comments, and the Tax Foundation suggested the bill’s goals might be better addressed by cleaning up the existing review process. Later, the committee heard HB 303, which had 17 supporters and no opposition. Testifiers from the Department of Health, University of Hawaii, Hawaii State Center for Nursing, Queen’s Health System, and the Hawaii State Chiropractors Association supported the measure, with the chiropractors asking to be included in eligibility. The Hawaii State Center for Nursing said the program had been successful for five years and had room to expand. HB 577 also drew support, with the Department of Taxation offering comments and the Tax Foundation noting technical issues. HB 949 generated mixed testimony: Hawaii Housing Finance and Development Corporation and the Chamber of Commerce supported it, while Hawaii Children’s Action Network raised concerns about the bill’s effects and the lack of fiscal analysis; Sugar Creek Capital also supported the measure and clarified that the credit would not offset the GET. Finally, HB 933 and HB 959 were heard, with HB 933 receiving six support testimonies and comments focused on grocery tax relief and food insecurity, and HB 959 drawing strong support from labor and advocacy groups for its broad tax relief package, while the Tax Foundation and Hawaii Appleseed urged caution about the proposed 50% GET increase and asked for clearer fiscal analysis.

Transcript Highlights:

• price points. price points.
• contributing to the upward price contributing to the upward price pressure<00:04:03.160> for<
• a median priced home statewide. a median priced home statewide.
• And especially with increased gas prices and food prices, that's getting harder and harder for people
• Um, and especially with increased gas prices and food prices, that's getting harder and harder for people

Bills: HF2715, HF2499, HF3420, HF3657, HF2303

Keywords: HF2715, homestead credit refund, property tax refund, property tax relief, homeowner tax relief, homestead credit, co-pay reduction, Minnesota property taxes, tax rebate, state refund, income thresholds, inflation adjustment, property tax circuit breaker, housing affordability, elderly homeowners, fixed income, taxation, Minnesota Statutes 290A.04, renters credit, income tax

Transcript Highlights:

• addressed and the implications pricing addressed and the implications um<00:22:59.919> on<00:
• We are beholden to pay that price, whatever it is.
• know we are beholdened to pay that price know we are beholdened to pay that price whatever<00:38
• Whether it's carbon pricing stuff that's coming.
• Uh, the department is not aware of any concrete information as to a price for that. given time.

Keywords: 1189, house, all

Transcript Highlights:

• And so for services contracts, obviously those aren't just price.
• is the price that is intended to bypass the pharmacy benefit manager kickback program.
• the maximum fair price as determined pursuant to the Inflation Reduction Act of 2022.
• As a result, those transactions would not be subject to the price limits in the bill, but the price in-state
• The maximum fair price approach does not provide adequate context for the complex issue of pricing, which

Bills: AB6, AB102, AB131, AB212, AB213, AB220, AB259, AB282, AB376, AB396, AB479, AB503, AB570, AB572, AB574, AB576, AB593, SB185, SB207, SB507, AB6

Keywords: fetal alcohol spectrum disorder, FASD, prenatal alcohol exposure, children's health, developmental disability, early intervention, treatment assistance, Aging and Disability Services Division, Department of Health and Human Services, Autism Treatment Assistance Program, public health, parent education, evidence-based treatment, Nevada NRS 427A, disability services, behavioral health, emergency medical services, ambulance, licensing, health district

Transcript Highlights:

• So this chart just shows you the impact of that housing supply problem on the prices that have to be
• So this chart just shows you the impact of that housing supply problem on the prices that have to be
• <00:14:56.120> increased income the median home prices increased income the median home prices
• The scarcity drives up prices, most for service workers like our members.
• This includes rent and mortgage prices.

Keywords: 1183, house

Transcript Highlights:

• time, the dollar is declining and prices time, the dollar is declining and prices are<00:20:52.559
• higher inflation by sending the prices higher inflation by sending the prices of<01:22:25.679>
• > controls consumers, government price controls consumers, government price controls will<01:39
• would implement government price would implement government price controls<01:48:37.440> over
• consumers by setting government price consumers by setting government price caps<02:04:21.199>

Keywords: U.S. House of Representatives Floor Proceedings on Wednesday, April 9, 2025, 1012, house, all

Transcript Highlights:

• your position with the transmission authority, what is your role in that to make sure that energy prices
• of share prices being based on earnings and free cash flow.
• On the other hand, storage and have the opportunity to sell at high market prices.
• right there, it'd be nice to know what the recapture price is so that you can show the benefit.
• you know, the price just goes up when you have the need.

Summary: The committee met in Grand Forks, approved the February 26 minutes by voice vote, and recessed for a tour of Minnkota Power Cooperative before hearing presentations on large energy consumers and related infrastructure issues. The first presentation, from the North Dakota Transmission Authority, focused on the need for better local decision-making tools for counties, townships, and planning and zoning boards facing major projects such as transmission lines, pipelines, data centers, wind, solar, and large-scale agriculture. The speaker urged more objective, data-driven analysis, noted that local officials often have limited time and resources, and said the state should support training and tools through groups like the League of Cities and the Association of Counties. Members asked about proactive outreach, data center ordinances, and how to avoid subsidizing large loads or causing reliability problems. The Division of Air Quality then discussed environmental oversight of data centers, emphasizing that North Dakota’s air remains among the cleanest in the country and that the agency’s role is limited to air, water discharge, stormwater, and waste—not zoning or water use. The presentation explained that data centers generally have low direct emissions but may rely on diesel backup generators when the grid is unavailable, which creates air-quality concerns; the department said it is requiring air monitors at some projects to collect real-world data and guide future decisions. Members asked about generator emissions, misinformation, monitoring costs, and staffing succession, and the agency said permit applicants pay for the monitors while the state handles some QA work. The Department of Water Resources followed with an overview of North Dakota water law and data center water use. The director explained the state’s prior-appropriation system, the public-interest review for permits, and the large overall water supply available from groundwater and the Missouri River. He said most proposed data centers use closed-loop cooling systems and generally request relatively small amounts of water compared with other uses such as power plants, irrigation, and oilfield operations, and that even a worst-case data center scenario would use only a tiny fraction of Missouri River flow. Questions focused on downstream impacts and comparisons to fracking water use, and the director said the state’s use is too small to materially affect downstream users. Later, McLean County State’s Attorney Ladd-Erickson testified online about data center zoning and permitting. He asked the committee to have Legislative Council gather information on how other states handle data center permitting and to keep the topic on the interim agenda. He argued that local zoning should remain local, but said counties lack the technical and legal resources to manage complex reclamation or bonding requirements and that state-level enabling legislation may be more appropriate. He also recommended eliminating tax incentives for data centers. The committee chair said staff would prepare a document on other states’ zoning and permitting approaches. After a lunch recess, the committee reconvened at the EERC, where CEO Charles Gorecki gave an overview of the center’s 75 years of work and its role in oil and gas, carbon management, and other energy technologies, highlighting enhanced oil recovery and carbon dioxide utilization as major opportunities for future production and tax revenue.

Transcript Highlights:

• Price is not a primary consideration; it's team and qualifications for success.
• Price is not a primary consideration; it's team and qualifications for success.
• It's transparent pricing.
• If we were to authorize those, those would be independently negotiated and priced.
• Priced, and that would start to take place somewhere from starting in summer of 2027.

Summary: The Joint Committee on Interstate 5 Bridge met remotely with Washington legislative members to receive updates on the Interstate Bridge Replacement Program, including environmental review, cost and funding, tolling, and procurement for construction. Program staff said the final supplemental environmental impact statement was published in April 2026, with a federal record of decision expected in early summer. They described the recommended design as a single-level fixed-span bridge, centered I-5 alignment, C Street ramps, one auxiliary lane in each direction, and dispersed park-and-ride parking. Members raised concerns about transparency, the closed chat function, and the decision not to include two auxiliary lanes; staff said the one-lane option was recommended through consultation with partner agencies and analysis, but the final decision would come with the record of decision. Staff also said the diversion analysis projected less than 3% traffic diversion to I-205 in 2045, though members from Oregon and Washington expressed concern about impacts to their communities and asked for more detail on mitigation and decision-making. The committee also reviewed a major cost update. Staff said the full five-mile program is now estimated at $13.5 billion to $15.2 billion, with a likely cost of $14.4 billion, up from a 2022 estimate of $5 billion to $7.5 billion, citing inflation, schedule delays, scope changes, and more detailed risk modeling. They said the first funded phase has been reduced to a $5.68 billion package focused on the Columbia River bridge replacement, connections to I-5, Hayden Island and SR-14, bridge demolition, tolling infrastructure, and advancing light rail design. Funding for that phase was described as $5.69 billion, including $2.1 billion federal funds, $1 billion from each state, and $1.5 billion in projected toll revenue. Members asked what would happen if costs rise further; staff said the estimate includes substantial contingency, the project will use progressive design-build to manage risk, and the team will continue updating the finance plan annually. A separate tolling and traffic-revenue presentation explained that four toll scenarios were analyzed using regional travel demand modeling, a toll diversion model, and a post-processing review. All scenarios assume pre-completion tolling beginning July 1, 2028, a 50% low-income discount for eligible users, and exemptions for tribal preemptions, emergency vehicles, maintenance vehicles, and organized militia. Staff said the low-income discount would affect about 4% to 6% of annual transactions and reduce annual revenues by roughly 2% to 3%. They said Scenario 2 was used for the financial analysis and is sufficient to support the $1.5 billion toll contribution in the funded phase. Members asked about toll collection costs, revenue impacts of the discount, and how the scenarios differed; staff said collection costs are expected to be in line with other WSDOT toll facilities, but exact costs are not yet set because toll rates are not final. Finally, WSDOT staff outlined procurement and delivery steps for construction. They said WSDOT will be the lead contracting agency, using progressive design-build, with a request for qualifications targeted for early July 2026, a request for proposals in October, contractor selection in April 2027, construction starting in 2028, and tolling beginning in 2028. Staff said the approach is intended to consolidate scope, reduce interface risk, and allow transparent negotiation with an independent cost estimator, while preserving an off-ramp if a fair price cannot be reached. Members asked for more detail on timing, cost allocation, and the share of the first phase funded by tolls; staff estimated tolls account for about 26% of the first phase cost.

Transcript Highlights:

• Market value is not a fair price to be paid when you don't want to.
• Market value is not a fair price to be paid when you don't want to sell.
• Because that's what the market price is.
• Because that's what the market price is.
• They're going to be able to sell their house for a greater price, right?

Summary: The committee first took up House Bill 5695, which would create the Sayers Ranch Municipal Utility District in Bastrop County between Elgin and Bastrop. Representative Gurdis said Bastrop County commissioners unanimously supported the district. There was no public testimony, the bill was left pending, and later reported favorably to the full House on an 8-0 vote. The main debate centered on Senate Bill 291, which would require condemning entities to pay landowner attorney’s fees if they fail to provide 10 years of appraisal reports with an initial offer in an eminent domain case. Supporters, including Rita Beving and Charles Maley, argued the bill would add an enforcement mechanism and better protect landowners in a process they described as intimidating and lopsided. Opponents, including Tom Zabel and Lisa Kaufman, said current law already provides a remedy through abatement and attorney’s fees under Section 21.047 of the Property Code, and warned the bill could create inconsistency, delay public infrastructure projects, and increase costs. The bill was left pending. The committee also heard House Bill 5699, a simple MUD boundary change in Harris County Municipal Utility District No. 405 that would allow a tract to leave one district and join another. Representative Schofield said the landowner and district agreed to the change and to pay the tract’s share of debt. The committee substitute was adopted and the bill was reported favorably on an 8-0 vote. Later, the committee considered House Bill 5489, which would impose a four-year moratorium on impact fees. Representative Dyson framed it as an “active study” to test whether impact fees raise housing costs. College Station officials and other opponents argued impact fees help fund infrastructure for growth and that local governments should retain control; supporters said the fees are regressive and add to housing prices. The bill was left pending. The committee then heard Senate Bill 292, which would update the Landowner Bill of Rights to add information on surveys, require separate offers for property not sought in condemnation, and require the rights document to be delivered with the initial offer. Supporters said it would improve transparency and fill gaps in the current document, while opponents said it was unnecessary because the law already exists and warned against revisiting a 2021 compromise. The transcript ends during that discussion.

Transcript Highlights:

• So you're saying the price of diesel under this program has not compared to what the price of diesel
• And the price of diesel under this program has not gone up compared to what the price of diesel was before
• And that price differential is a long way from actually going away.
• What does our Commonwealth value, and at what price?
• and retail gasoline prices.

Keywords: 995, all

Summary: The committee on Telecommunications, Utilities and Energy heard testimony on several transportation and clean-fuel bills. Supporters of H. 3535 argued for delaying or pausing enforcement of Massachusetts’ zero-emission vehicle sales mandate, saying the current ACC2 timeline is unrealistic given low ZEV sales, limited charging infrastructure, dealer inventory concerns, and potential economic impacts on dealerships, consumers, and tax revenue. Opponents of that approach, including automakers and clean transportation advocates, said the state should stay on course with electrification and that the mandate is necessary to meet climate goals. The committee also heard support for H. 3570/S. 2326 to update vehicle emission standards for municipal and utility fleets, with municipal utility representatives saying current electric truck technology, charging access, and costs make the rules impractical for critical public services. A major portion of the hearing focused on S. 2246, the Freedom to Move Act, which would require MassDOT and regional planning agencies to set vehicle miles traveled reduction goals and align transportation spending with climate targets. Supporters said the bill would better coordinate transportation planning, encourage transit, biking, and walking, and help Massachusetts meet emissions goals while saving money and improving public health. Some committee members raised concerns that the bill could duplicate existing transportation climate mandates and could disadvantage rural residents who must drive long distances; witnesses responded that the bill is meant to add coordination and flexibility, not impose a one-size-fits-all solution. The committee also heard testimony on H. 3448, which would set deadlines to electrify school buses and public fleets and create programs for private fleet electrification. Advocates said fleet electrification is a practical way to cut emissions, improve air quality, and save money over time, especially for schoolchildren exposed to diesel exhaust. Several witnesses also supported low-carbon fuel standard bills H. 3576 and S. 2251, arguing they would reduce fuel carbon intensity and generate revenue for charging and clean-fuel investments. Others, including a coalition opposed to private jet expansion, objected to the bills’ treatment of sustainable aviation fuel, saying it is not scalable, is expensive, and could create land-use and food-supply tradeoffs. No votes or formal committee actions were taken in the hearing excerpt provided.

Transcript Highlights:

• data to help verify that the price being charged is fair and reasonable.
• Once Honeywell got the engine moved to a commercial engine, what do you think happened to the price?
• On how to get pricing information.
• When the price of a good or service goes up by 25 percent.
• Price improved things. Excellent. And will Palantir agree to do that voluntarily?

Transcript Highlights:

• has put a real damper on growth in house prices.
• And it's also, as I said, dampened prices. Could we go to the next slide?
• They pre-qualify, they look for a home in their price range.
• This was a moderate-priced home.
• And I do know the median home price in Seattle is $900,000.

Summary: The Senate Housing Committee heard a series of work-session presentations focused on transit-oriented development, commercial-to-residential redevelopment, building code implementation, housing market trends, and the Covenant Homeownership Program. The first presentation, from the Urban Institute, reviewed research on HB 1491 and TOD feasibility, arguing that Washington has made major progress but faces diverging conditions across transit areas. The presenter said rising construction costs, higher interest rates, and lower rents in some markets have made many projects less feasible, and recommended targeted infrastructure funding for lower-market communities, adjustments to MFTE and affordability requirements by local market conditions, more support for very low-income housing in high-market transit areas, minimum density standards near stations, expanded public land/joint development tools, and better tracking of TOD outcomes over time. Committee members asked about AMI calculations, immigration’s effect on construction labor, developer input, and whether a tracking mechanism had been removed from the bill. The Department of Commerce then outlined implementation of HB 1491 and demonstrated the new Washington Zoning Atlas, which is live and intended to help visualize zoning, overlays, and station-area conditions. Commerce said local governments will designate station areas, update zoning and MFTE policies, and handle anti-displacement measures, with Vancouver and Spokane first to implement and Puget Sound following later. Staff described a timeline for updated MFTE guidance, station-area implementation guidance, a TOD model ordinance, and later rulemaking on variances. The committee also heard from the Lieutenant Governor’s office on a report about converting commercial properties to housing, which found substantial potential for redevelopment on vacant or underused commercial land, especially near transit, but noted barriers such as ground-floor retail mandates, affordability requirements, infrastructure costs, private covenants, and slow implementation. The office urged by-right residential use on commercial land and faster rollout of new housing laws. The State Building Code Council updated the committee on its three-year code cycle and several legislatively directed actions, including minimum dwelling size, emergency shelters, and especially single-exit stairs and multiplex housing. Council staff said those code changes are nearing completion and will provide prescriptive solutions, while noting that elevator size and requirements were not changed and would require separate legislative direction if the committee wanted to revisit them. Members discussed the cost impacts of building and energy codes and the council said it is required to consider economic impacts and is increasingly looking at performance-based approaches. Later, the Washington Center for Real Estate Research presented its annual housing report, showing that higher mortgage rates have sharply reduced affordability, flattened house prices in many cities, and slowed single-family permitting and completions, while multifamily construction has recently cooled after a prior surge. Finally, the Washington State Housing Finance Commission reported strong first-year results for the Covenant Homeownership Program, which provides zero-interest down payment assistance to eligible first-time buyers with family ties to Washington before 1968; the program assisted 547 homebuyers in its first fiscal year, with more than $60 million loaned, and the agency said participation has continued to grow after income-limit changes enacted in 2025.

Transcript Highlights:

• So the end price you see on the shelf is vastly different than as it goes through the system, right?
• Then when it comes down to pricing, we have to worry about things like incentives, right?
• So the pricing, I don't think, would change a lot, except for that we would maybe recoup a little bit
• So the pricing, I don't think, would change a lot, except for that we would maybe recoup a little bit
• Higher-priced, higher-margin products because they make more per sale per case.

Summary: The committee met to hear an overview of Florida’s alcoholic beverage regulatory structure and a panel discussion on the state’s three-tier system. Emily Oglesby of DBPR explained the department’s licensing and enforcement roles, described common license types, and outlined the three tiers—manufacturers, distributors, and retailers—along with tied-house restrictions and several statutory exceptions for certified Florida farm wineries, breweries with tap rooms, brew pubs, and craft distilleries. Members asked about licensing fees, the number and classification of distributors and craft producers, and how the exceptions fit within the broader system. Panelists from craft breweries, craft distilleries, wholesalers, and retailers then discussed how the system affects market access, pricing, and product selection. Craft producers argued that Florida’s rules make it difficult for small brands to reach retailers because they must rely on distributors that often prioritize larger, higher-volume products; they said limited self-distribution or other reforms could help small businesses grow without eliminating wholesalers. Wholesalers and retailers defended the three-tier model as a public-safety and anti-monopoly framework, emphasizing investment in warehousing, sales, compliance, and product vetting, while noting that they already carry some craft products and make selections based on demand, quality, and shelf space. Members also explored related issues such as direct-to-consumer sales, the role of excise-tax audits and inspections, and the emerging market for hemp-derived THC beverages and other alternative drinks. DBPR and industry witnesses said alcohol and hemp products are regulated differently, and several speakers urged the Legislature to consider clearer rules for these products. The meeting ended with no bill vote or formal action; the chair thanked the panel and adjourned after Representative Yeager moved to rise, with no objection.

Transcript Highlights:

• It definitely stepped in and soaked up some more that risk problem possibly at a higher price or rates
• But we think it was also necessary in order for the pricing to really appropriately reflect the rest
• So that resulted in in fairly flat pricing for the 2024 environment.
• We saw most programs below the Cat Fund either remains slat pricing or slightly up.
• So we'll just take a little schooler dive into each one of those from a pricing. We perspective.