Transcript Highlights:

• We have seen time and time again throughout the legislative process where definitions change. Mr.
• So this isn't an uncommon process.
• Chair: Year in and year out, we pass statutes in this building that change the regulatory process.
• But to put the thumb, or more like it feels like a hammer, on the scale of that process going forward
• This requires an entirely different thought process. But that's what we're trying to do.

Summary: The committee took up AB 2285, a bill related to cryptocurrency staking and broader crypto regulatory issues. The author said the amendments would give California clearer guidelines for staking-as-a-service, maintain consumer disclosures, and remove a fee cap to make the business model workable. Supporters, including representatives of the Crypto Council for Innovation and the Satoshi Action Fund, said the bill would provide needed clarity and help Californians participate in blockchain-related opportunities. Opposition came from the Consumer Federation of California and credit union representatives, who argued the bill would weaken consumer protections, create an uneven playing field for state-chartered institutions, and move California into the middle of unresolved federal debates over the Clarity Act. They also raised concerns about fraud, money laundering, and the effect of the bill on DFPI’s authority and pending litigation involving Coinbase. The author responded that staking is distinct from buying crypto, that blockchain can improve traceability, and that the bill was still a work in progress with room for further amendments. Members discussed preemption, the pending federal framework, and whether the bill should wait until federal law is settled. The chair emphasized California’s role in setting policy and said other states were allowing consumers to benefit from staking. The committee ultimately adopted a due pass as amended motion and sent AB 2285 out on a 7-2 vote.

Transcript Highlights:

• and appreciate your concerns, and I'd also point out some of the other standards that exist in our process
• legal evidentiary rules, we have the wide discretion that APCD and DAQ already retains in their regulatory
• and appreciate your concerns, and I'd also point out some of the other standards that exist in our process
• Not accepted in the scientific mainstream process or outdated.
• Processes and data, which is very consistent with the EPA standard.

Keywords: Meeting Start 00:00 Attendance Roll Call 00:38 HB 137 Discussion 01:30 HB 137 Roll Call Vote 16:24 HB 196 Discussion 17:21 HB 196 Roll Call Vote 21:59, 958, all

Summary: The Natural Resources and Energy Committee held its first meeting of the 2025 session, welcomed several new members, and confirmed a quorum. The committee first took up House Bill 137 on air quality monitoring. The sponsor and committee substitute were presented as requiring scientifically defensible, quality-assured data for air pollution enforcement, with the sponsor saying citizen complaints could still prompt agency inspections. A Kentucky Resources Council attorney testified in opposition, arguing the bill could limit low-cost community monitoring, conflict with the Clean Air Act’s credible evidence provisions, and undermine community efforts to identify pollution hotspots. After discussion, the committee adopted the substitute and passed HB 137 with favorable expression. The committee then considered House Bill 196, dealing with mining emergency technicians. The sponsor said the bill responds to the decline in coal mining and smaller mine operations, and that it was developed with the Energy and Environment Cabinet and was not opposed by the Kentucky Coal Association or the UMWA. The bill would require one medic for mines with 10 or fewer miners, two for larger operations up to 50, and one additional medic for each additional 50 miners, with the sponsor saying the change would help small mines avoid shutting down shifts when a medic is unavailable. A question about the ratio above 50 was answered by noting the language came from the cabinet and was not being changed. The committee then passed HB 196 with favorable expression. At the close of the meeting, the chair reminded members that the committee would continue using the 24-hour rule for amendments and committee substitutes and that agendas would generally be sent out the day before meetings.

Transcript Highlights:

• To provide an overview of the Texas insurance market and TDI's regulatory duties.
• The IDR program creates a process process for plans and providers to resolve the payment on those claims
• We have a regulatory function, a legislative function.
• Well, that's kind of not the way the process works.
• And we'd be happy to be involved in that process.

Keywords: 1184, house, all

Transcript Highlights:

• So we are in the process right now of a couple things.
• But, like you said, the department underwent a process called service-based budgeting.
• We are looking at technology that can help improve our processes, where we can find efficiencies.
• And the marine protected area process actually was the result of a lot of private philanthropy.
• The department provides scientific advice to the commission, so we are in the process.

Keywords: 987, senate, all

Transcript Highlights:

• We have seen time and time again throughout the legislative process where definitions change.
• So this isn't an uncommon process.
• Year in and year out, we pass statute in this building that changes the regulatory process.
• But kind of to put the thumb, or more like it feels like a hammer on the scale of that process going
• This requires an entirely different thought process. But that's what we're trying to do.

Keywords: 988, house, all

Transcript Highlights:

• state so the need for regulatory state so the need for regulatory framework<00:43:55.280> there
• under that temporary regulatory under that temporary regulatory framework<00:48:06.920> uh
• There's a best regulatory practices report that's in there.
• temporary and permanent uh regulatory temporary and permanent uh regulatory framework<00:52:48.640
• ultimately keep up through the process ultimately keep up through the process of<00:53:50.880>

Keywords: 1187, senate, all

Summary: The committee heard several Arts and Cultural Heritage Fund requests and laid them over for possible inclusion. Senate File 673 sought $795,000 to help replace or refurbish the structurally unsound Marshall bandshell. Senator Gary Dames, Marshall Mayor Bob Burns, and Parks and Recreation Superintendent Preston Stenard described the bandshell as an iconic community venue used for concerts and arts events, noting prior repairs in 2004, a 2001 structural report, and the need for full replacement due to settlement and deterioration near the Redwood River. They said the project has local support and a local funding commitment for the remaining costs. Senate File 627 requested $850,000 for the Olmsted County Historical Society to continue rehabilitation of the George Stoppel Farmstead. Senator Liz Balden, Dr. Mark Warner, and Commissioner Sanum said the site includes three National Register buildings and preserves immigration and agricultural history in southeast Minnesota. They reported that $1.1 million had already been raised and that prior Legacy funding helped stabilize one structure, but additional work is needed on the bank barn and Stoppel house to complete restoration and improve accessibility. Senate File 822 proposed $65,000 in fiscal year 2026 for the Minnesota State Band to provide free public performances across Minnesota. Testifier Craig Allen said the volunteer band, formed in 1898, uses the funding to travel to small towns and schools, including outreach to students and veterans. Conductor Keith Leuty emphasized the educational value of school visits and upcoming concerts in Moose Lake, Grand Rapids, and Cloquet, including a performance at Fond du Lac Ojibwe School. Members expressed support, and the bill was also laid over. The committee then began hearing Senate File 575, which would appropriate $3.8 million for the Grand Rapids Old Central School renovation. Senator Iorn, city councilor Rick Blake, and City Administrator Tom Pagel described the 1895 building as a historic and arts-centered community landmark with artist residencies, galleries, concerts, and other public uses. They said the building needs major repairs, including a new roof, structural truss work, HVAC replacement, and ADA and elevator upgrades, and they were in the middle of detailing those needs when the transcript ended.

Transcript Highlights:

• has a regulatory home or a state that they are kind of domiciled in, and that regulator is the point
• And so we have about 147 companies that have selected Arizona as their regulatory home.
• That means the amount of regulatory work has increased exponentially, and the base fees haven't caught
• There are seven people right now that do all the regulatory work for $180 billion, so it's not a big
• There will be stakeholder processes any time they want to adjust those fees.

Bills: HB2091, HB2118, HB2122, HB2138

Keywords: insurance, financial surveillance, regulations, assessments, Arizona Revised Statutes, mobile food vendors, licensure, food safety, statewide regulations, health standards, zoning, temporary vendors, technical registration, engineering, architect, land surveyor, reciprocity, endorsement, qualification standards, firefighter

Transcript Highlights:

• The statutory intent of the structure was really to create a regulatory process to require... ...was
• really to create a regulatory process to require certain types of health care providers to move through
• to make sure that the public can be involved in the process.
• It has intentionally built into a process to make sure that the public can be involved in the process
• really owning all of those costs within that process.

Summary: The committee heard a JLARC presentation on the Department of Health’s oversight of hospital inspections, complaints, and reporting. JLARC said DOH was late on 72% of acute care hospital inspections as of December 2024, had not verified that third-party accrediting standards were substantially equivalent to state standards, did not consistently require proof of those inspections, did not review adverse health event corrective plans, and could make hospital data more accessible. JLARC also raised a possible language-access barrier in the complaint system. Members asked about complaint filing by staff, the meaning of adverse health events, inspection outcomes, and whether the audit compared DOH to other agencies. JLARC said it had not reviewed inspection results or cross-agency comparisons, but noted inspectors were dedicated and working long hours. DOH later said it concurred with the recommendations and outlined a strategic plan with target dates for improving timeliness, verifying accreditation standards, expanding language access, reviewing adverse event laws, and improving public data access, with annual reporting to the Legislature expected. The committee then heard a Department of Health presentation on certificate of need modernization. DOH described the current certificate of need process, which reviews need, financial feasibility, quality, and cost containment for certain facility changes and new services, and said the program has not been modernized since the 1980s. DOH proposed 10 statutory modernization recommendations, including clarifying the program’s purpose, creating a planning entity, adding flexibility, reducing legal costs, updating access-to-care standards, expanding oversight to freestanding emergency departments and urgent care, addressing equity, improving cost control coordination, strengthening long-term funding, and using better data systems. Members asked about oversight of freestanding urgent care and EDs, funding sources, and whether the process could be streamlined or made more responsive to complaints or other triggers. A third panel discussed artificial intelligence in health care. Lucy O’Rourke of the Coalition for Health AI described CHAI’s work on responsible AI principles, technical standards, model cards or “nutrition labels,” testing and governance tools, and educational resources for providers. She said the group is focused on trust, transparency, fairness, safety, security, and privacy, and noted Washington’s AI-related policy work as among the more progressive in the country. No questions were asked. The final portion focused on the financial impact of federal and state health care policy changes. The Washington State Hospital Association said hospitals are facing low or negative operating margins, service reductions, layoffs, and closures, and that state cuts and taxes enacted in 2025, combined with federal HR1 changes, will significantly worsen finances. Providence Swedish leaders described staffing reductions, service cuts, delayed capital investments, and pressure from denials, tariffs, and reimbursement changes, while emphasizing that frontline staffing cuts are tied to service reductions rather than nurse-to-patient ratio changes. The Washington Health Benefit Exchange then began a presentation on expiring federal ACA premium tax credits, state Cascade Care Savings assistance, and eligibility changes affecting lawfully present non-citizens, with examples showing large premium increases for customers if federal subsidies expire.

Transcript Highlights:

• There's no local permitting process.
• That's your typical land use process That's your typical land use process from<00:24:59.279>
• <00:27:01.440> clock the permitting process, shot clock the permitting process, shot clock
• > conducive regulatory environment that's conducive regulatory environment that's conducive to
• to the process.

Keywords: Meeting Start: 00:00:05 Roll Call 00:00:12 Discussion of Legislative Measures 00:03:12 Discussion of Housing and Land Use 00:21:58 Discussion of Short Term Rental Policies 01:03:17 Adjournment 01:15:38, 958, all

Summary: The committee approved the minutes from its June 4, 2025 meeting and then heard a series of presentations focused largely on housing and land-use policy. Senator Robbie Mills and Representative Josh Bray discussed two 2025 housing measures: Senate Bill 50, which would create residential infrastructure development districts to help local governments finance infrastructure for new housing developments through special assessments and local debt, and House Bill 7, which would let local governments identify development areas and rebate new property tax revenue to developers as an incentive for housing growth. They said Kentucky faces a statewide housing shortage of roughly 210,000 units, projected to grow if building patterns do not change, and argued that regulatory relief and financing tools are needed to increase supply. Representative Rebecca Rymer presented House Bill 371, which would require local permitting when an industry’s residual waste landfill is located in a different county from the industry itself. She said current law lets such landfills bypass local review, leaving host counties with no say despite road impacts and other local burdens. She said the bill would preserve the existing exemption when the landfill and industry are co-located, and noted support from KLC and KO. Representative Steve Doan also described House Bill 806, a statewide backyard chicken bill that would allow domesticated hens, prohibit roosters, set a minimum of six hens that local governments could not go below, and preserve local authority over setbacks, sanitation, maintenance standards, and egg sales. He said it would override outright local bans but not HOA restrictions, and cited a current Northern Kentucky dispute and ADA litigation as reasons for the proposal. The committee then heard a broader discussion on housing and land use from Charlie Gardner of the Mercatus Center and Nolan Gray of California YIMBY and the Bluegrass Institute. They outlined categories of land-use regulation, described the recent growth of state-level housing reforms nationwide, and cited examples such as ADU legalization, smaller lot sizes, reduced parking minimums, streamlined permitting, and single-stair or other building-code reforms. They argued that housing shortages are a statewide concern, that localities often have incentives to block growth, and that state intervention can reduce costs and uncertainty without compromising health and safety. Members asked about the housing shortage estimate, the effect of red tape on safety and local authority, and how state reforms could be phased in; the presenters said reforms often include lead time, can be targeted to larger jurisdictions, and should focus on reducing time and cost while maintaining basic standards.

Transcript Highlights:

• SB 108 modernizes Florida's rulemaking process, creating a routine and comprehensive evaluation process
• So this whole process has been an eye-opener for a lot of agencies.
• the processing of licensure applications as set forth in the Florida Statutes.
• the processing of licensure applications as set forth in the Florida Statutes.
• So this process has been going on all summer. Okay, okay. Great. Thank you.

Summary: The Committee on Governmental Oversight and Accountability met for its first meeting of the session, took roll, and heard a presentation from Ken Plant of the Joint Administrative Procedures Committee on SB 108, the 2025 law overhauling Florida rulemaking. The presentation focused on new deadlines for agencies to begin and publish rules, limits on automatic sunset provisions, changes to emergency rule procedures, expanded public input on statements of estimated regulatory costs, a five-year review cycle for existing rules, and new licensing-reporting requirements. Members asked about the review timeline and emphasized the need to keep agencies accountable for meeting the new requirements. The committee then reviewed the Department of Management Services’ response to Auditor General Report 2025-1096 on fleet management. DMS said the audit found 10 issues, most of which it believes it has addressed, and described the statewide fleet system as tracking about 27,000 assets with limited staff. DMS highlighted two major improvement ideas that would require funding: an enterprise telematics system to automate vehicle data and improve tracking, and centralized fleet procurement to reduce duplication and save money. Members questioned the status of FleetWave implementation, missing vehicle records, integration with other state systems, and access controls for separated employees. DMS explained that FleetWave is fully implemented but still relies on manual data entry, that discrepancies with the state accounting system largely reflect mismatched or inconsistent entries, and that policies and procedures were updated after the audit. The department said it now works more closely with People First to deactivate access when employees leave. After discussion, no further business was raised, and the committee adjourned without objection.

Transcript Highlights:

• So if you can capture the CO2 from that hydrogen process, you can then make it a non-emitting process
• You can then make it a non-emitting process.
• Public engagement process we have coming up this week.
• What that means is that the process of linkage is somewhat divorced from the process of consideration
• Some of them use industrial waste heat as part of the process.

Summary: The committee held an interim work session focused first on carbon capture, utilization, and sequestration (CCUS), then on hazardous waste and extended producer responsibility (EPR). On the CCUS topic, industry and nonprofit presenters described point-source capture, direct air capture, mineralization, and geologic sequestration, emphasizing Washington’s basalt formations and state trust lands as strong candidates for storage. They argued that CCUS can help hard-to-abate industrial sectors, support jobs and investment, and provide a pathway for compliance, while also noting the need for clearer permitting, subsurface rights, pipeline authority, and storage infrastructure. Ecology and Commerce staff explained current state policy touchpoints, including Cap-and-Invest offsets and exemptions for permanently stored CO2, the public comment process underway to define “thousand-year” permanence, and how CCUS might fit within the Clean Energy Transformation Act without counting emitting generation as non-emitting. Some presenters supported more state action and primacy over federal permitting, while others warned about costs, energy use, uncertain capture performance, and the need to ensure real net greenhouse gas reductions and long-term liability protections. Members asked about public meetings, whether mineralized carbon would qualify as exempt under the Climate Commitment Act, the timeline for Ecology guidance, aquifer and water-quality concerns, energy intensity of capture systems, and liability if storage later proves problematic. Responses said Ecology’s guidance process is already underway, public meetings will be virtual, mineralized carbon would likely qualify if it meets the permanence standard, and EPA rules require storage in deep saline formations below drinking water aquifers. Industry speakers said capture energy use varies by source and concentration, and one presenter noted that some states use trust funds funded by injectors to address long-term liability. The second half of the session shifted to hazardous waste and EPR. Ecology staff reviewed existing product stewardship programs for electronics, paint, batteries, and mercury lights, and described moderate risk waste and household hazardous waste management in Washington. They highlighted that E-Cycle and PaintCare are producer-funded, that the battery stewardship program will begin in 2027, and that the mercury lamp program is in transition after its prior stewardship organization exited, prompting enforcement notices and a pending replacement plan. Ecology recommended best practices for future EPR programs, including clear producer and product definitions, full producer funding, convenience standards, annual reporting, and strong agency enforcement and plan approval authority. Local government speakers from King County and Douglas County described rising collection costs, equity and access barriers, rural travel distances, and the need for stable funding and flexible local implementation. King County said it collected over 3 million pounds of hazardous products in 2025 and supports EPR as a way to shift costs from ratepayers to producers, while Douglas County emphasized that rural residents will participate when services are accessible and that future systems should account for geography and local infrastructure.

Transcript Highlights:

• We currently have regulatory infrastructure around hemp-derived cannabinoids, but we don't have regulation
• currently hemp derived beverages so we currently have<00:02:02.200> um<00:02:02.600> regulatory
• <00:02:03.399> infrastructure have um regulatory infrastructure have um regulatory infrastructure
• <00:05:24.520> have stakeholders in this process have stakeholders in this process have reached
• It's what it sounded like you were going toward—equipment to process and make. Is that correct?

Keywords: 958, all

Summary: The committee met with a quorum and took up Senate Bill 202, adopting a committee substitute before hearing testimony. Senator Julie Rocky Adams explained that the substitute would require the Cabinet for Health and Family Services to promulgate regulations by January 1, 2026 for intoxicating hemp-derived beverages, direct the University of Kentucky to study manufacturing, testing, distribution, sales, and consumer effects of those beverages, and impose a moratorium on their sale until July 1, 2026. Supporters, including Rep. Matt Cook, said the measure was intended as a consumer-protection step rather than a ban, citing concerns about youth access, inconsistent labeling, and the need for a clearer regulatory framework. Members asked about the legal status of the products, whether the bill could unintentionally sweep in non-intoxicating hemp beverages, and whether there was evidence of harm. Senators were told the products are legal under the federal farm bill loophole, but that testing has shown THC levels on sampled cans did not match labels and that current regulations do not specifically address intoxicating hemp-derived beverages. Senator Higdon said CHFS had already been authorized to regulate hemp products and was moving forward with regulations and enforcement, while Senator Meredith questioned whether a moratorium would unfairly punish businesses that had already invested in the market and suggested setting a THC standard instead. Public testimony then shifted to industry opposition. Jim Higdon of Cornbread Hemp said his company had invested heavily in a beverage line and argued the moratorium would function like a ban and harm small businesses. Dee Taylor of 502 Hemp and the Kentucky Hemp Association also opposed the moratorium, saying existing rules already require age limits, behind-the-counter sales, and licensed retailers, and arguing that a cap on milligrams would be preferable to a shutdown. He said retailers were seeing approved and unapproved products in the market and urged work with the Cabinet and ABC rather than a moratorium.

Transcript Highlights:

• But go ahead, introduce this process.
• licensing and the the the regulatory licensing and the the the regulatory framework<00:29:05.520
• That was not a delayed processed.
• <00:30:58.880> over working through this entire process over working through this entire process
• <00:31:21.919> So regulatory license in a business. So regulatory license in a business.

Keywords: Meeting Start 00:00 Call to Order and Roll Call 00:29 Discussion SB 153 01:25 Vote SB 153 10:35 Discussion SB 118 11:36 Vote SB 118 12:48 Discussion HB 380 13:40 Vote HB 380 40:12, 958, all

Summary: The House Standing Committee on Banking and Insurance met with a quorum and took up three bills. Senate Bill 153, sponsored by Sen. Greg Elkins, aimed to combat insurance fraud tied to post-disaster contractor scams. Testimony from the Attorney General’s Office and committee members described problems involving roofing, siding, and debris-removal scams, including vandalism used to create claims and companies that disappear before victims can recover losses. The bill would expand enforcement tools by making certain vandalism-related conduct criminal, giving the Attorney General concurrent jurisdiction with local prosecutors, creating a post-disaster contractor registry, and banning door-to-door solicitation during declared emergencies. The committee approved the bill by roll call and sent it forward with a favorable recommendation. Senate Bill 118, sponsored by Sen. Brandon Storm, addressed credit property insurance offered by consumer loan companies. The sponsor and a representative of the Kentucky Consumer Finance Association explained that the product has been offered for years and that the bill would provide statutory authority for its continued use. The committee raised no substantive objections, and the bill passed on a roll call vote with a favorable recommendation. House Bill 380, sponsored by Rep. Tom Smith, focused on regulating cryptocurrency kiosks in convenience stores to curb fraud against seniors. The committee heard emotional testimony from a sheriff and a fraud victim describing scams that led victims to deposit cash into crypto kiosks, often under pressure from callers posing as authorities or relatives. AARP Kentucky supported the bill, citing widespread losses to older adults and the need for guardrails. A committee substitute was adopted that would cap daily transactions at $2,000, require fee disclosure and customer consent, impose licensing and compliance requirements, mandate identification for transactions, and add criminal penalties and Attorney General enforcement. Members discussed the bill’s scope, including that it would not address gift card scams, and noted the delayed effective date was requested so regulators could write rules. The committee adopted the substitute and then passed the bill favorably on roll call.

Transcript Highlights:

• The board cannot determine where it is experiencing delays in its process.
• Third, the triage process needs to be improved.
• Third, the triage process needs to be. another three to five months.
• Third, the triage process needs to be improved.
• I am the executive director of the Arizona Regulatory Board of Physician Assistants.

Keywords: 1182, all

Transcript Highlights:

• We will be here for that process.
• regulatory concurrence with work plans. regulatory concurrence with work plans.
• with our regulatory requirements. with our regulatory requirements.
• We're actively working through each milestone of the process with both regulatory partners for the
• have process longer process we'll have process longer process we'll have updates<02:06:37.679>

Keywords: 910, house, all

Summary: The House Special Committee on Red Hill held an informational briefing at the State Capitol focused on updates from the Navy Closure Task Force Red Hill and NAVFAC Hawaii. Members and Navy officials opened by noting the meeting format, providing public links to tank closure supplement 4 and environmental remediation resources, and thanking Admiral Barnett for attending before his transition. The Navy emphasized that the Red Hill closure effort and the PFAS/PAS environmental remediation effort are separate but coordinated, and that both are long-term undertakings. For the closure effort, Navy officials reported progress on tank cleaning, ventilation, sludge removal, groundwater monitoring, and preparation for pipeline removal. They said supplement 4 to the tank closure plan was submitted in May and outlines the overall closure strategy, post-closure monitoring, and the decision to proceed with closure rather than wait for beneficial reuse decisions. They described completed ventilation of tanks 3 through 8, the start of tank 2 ventilation, removal of 283 gallons of sludge from the first six tanks, and plans to begin pipeline pigging and removal later this year. Officials also said all sludge samples tested so far were non-hazardous and that air monitoring has not shown elevated volatile organic readings during operations. NAVFAC Hawaii then outlined the PFAS/PAS remedial investigation under CERCLA, explaining the cleanup process, the nature of PFAS, and the role of aqueous film-forming foam as a source. The presentation said the Navy began investigating PFAS releases in 2014-2015, that the 2021 Red Hill fuel release led directly into remedial investigation work, and that current activities include quarterly groundwater sampling at 42 monitoring wells, installation of new shallow and deep wells, soil sampling where exceedances were found, fate-and-transport modeling, and human health risk assessments. Officials said data are publicly available on the Red Hill environmental website and that the next restoration advisory board meeting is scheduled for August 27. The Navy also gave a water resiliency update, saying it is upgrading the joint base drinking water system with pump, tank, and cybersecurity improvements and is installing treatment systems for the inactive Navy Aiea and Red Hill shafts ahead of EPA drinking water standards taking effect in 2029. No votes or formal committee actions were taken, as the meeting was informational only.

Transcript Highlights:

• They don't, they don't uh, a process.
• It is not a defined process.
• The Public a defined uh, process.
• Utility Commission already has processes Utility Commission already has processes that<00:22:20.200
• as part of our master planning process as part of our master planning process as<01:11:44.360>

Keywords: 927, senate, all

Transcript Highlights:

• It's a process to go back.
• <00:19:32.159> and to kind of shareholder processing and to kind of shareholder processing
• Providing an expedited process.
• andcome process you talk about in here andcome process you talk about in here saying<00:40:19.440>
• ...as we're doing our rates process or any other process, we have to weigh the interest of everybody,

Keywords: 912, senate, all

Summary: The joint Senate hearing focused primarily on SB 1201, a wildfire measure that would create a wildfire recovery fund and allow securitization for electric utilities. Hawaiian Electric strongly supported the bill, saying it would help protect customers, property owners, insurers, and the broader economy from future catastrophic wildfire liability while improving the utility’s credit profile and lowering financing costs. Support also came from DCCA Consumer Advocacy, the Attorney General’s office on written comments, Ulupono Initiative, Clearway Energy Group, IBEW Local 1260, Par Hawaii, KIUC, the Chamber of Commerce Hawaiʻi, Plus Power, and numerous organizations and individuals. Opponents or commenters raised concerns about the liability cap, victim compensation process, and fund structure, including the Hawaiʻi Association for Justice, the Hawaiʻi Regional Council of Carpenters, and the Hawaiʻi Insurance Council; Henry Curtis of Life of the Land supported the concept of a fund but questioned the catastrophe threshold and whether the fund would be empty without a prudency finding. Much of the discussion centered on whether the proposed fund would actually help restore Hawaiian Electric to investment grade, with senators comparing the proposal to California’s wildfire fund. Hawaiian Electric said the bill was only one part of a broader process, alongside physical risk reduction and settlement finalization, and argued that without the bill the utility would not regain investment grade. Senators also questioned the proposed $1 billion fund size, the fairness of ratepayer contributions versus shareholder contributions, and whether customers should pay for consulting and administrative costs; Hawaiian Electric said its proposed amendment would remove those consulting-related charges. The company also said the fund would accrue interest and, if unused, could be returned to customers, and that there would be replenishment and supplemental contribution mechanisms if the fund were exhausted. The Attorney General’s office said it still had further amendments to discuss, and the departments had not yet resolved where the fund should reside administratively, though Hawaiian Electric said it believed DCCA was the appropriate place but was open to alternatives. KIUC requested two amendments. No vote or final committee action was taken during the hearing, and the measure remained under discussion with questions and proposed amendments still outstanding.

Transcript Highlights:

• <00:09:09.279> A and obstruct regulatory rollbacks. A and obstruct regulatory rollbacks.
• Congress in setting uh the regulatory Congress in setting uh the regulatory agenda<00:35:24.480>
• Case of regulatory overreach.
• regulatory purposes. regulatory purposes.
• regulatory compliance. regulatory compliance.

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

Transcript Highlights:

• <00:54:11.119> that and complex application processes that and complex application processes
• > trade<01:02:46.400> consequences same regulatory or trade consequences same regulatory
• establish a treated seed regulatory establish a treated seed regulatory program<01:08:56.719>
• regulatory and permitting certainty. regulatory and permitting certainty.
• process for getting a permit. process for getting a permit.

Keywords: 1187, senate, all

Transcript Highlights:

• A bit of us from a regulatory standpoint, there are existing there is an existing regulatory framework
• This is govern at the federal level and those regulatory that regulatory framework would be as it is
• phosphate land after that initial purchase or how its subsequent owners know that this that these processes
• But but anything that is public record becomes discovered during the transaction process across recognized
• Chairman, the same regulatory framework of the federal government level and the state government level