Transcript Highlights:

• drag, and rising cost.
• Unlocked cost and risk reduction... Okay. Unlock costs and risk reduction.
• The cost to operate is, you know, a potential much lesser amount.
• , more third-party costs, subscription costs.
• , and your long-term annual costs for operating it.

Committee: Joint Information Technology Committee

Summary: The committee received a series of informational reports from NDIT and DPI on major IT projects, cybersecurity, and the K-12 student information system transition. Justin Data reviewed the quarterly major project portfolio, noting 111 projects totaling about $542.8 million, generally under budget and slightly behind schedule overall. He highlighted three schedule-red projects: Bed Management System and Vital Records, both now complete and being closed out, and the Roadway Capital Planning Project, which is delayed due to vendor bug fixes after user testing. He also summarized new project startups, including the Attorney General’s Victim Notification System, HHS Medicaid correctional facilities data exchange, Highway Patrol’s motor carrier e-permit system, and additional RIMS work, and answered questions about project timing, funding, and whether work had begun on legislatively funded IT projects. Chris Gurgan, NDIT’s chief information security officer, reported on mandatory cybersecurity incident reporting under HB 1314. He said 77 incidents have been reported since August 2021, with 47 meeting the statutory definition of a cybersecurity incident; phishing remains the most common type, followed by email quarantine alerts, XDR detections, and malware. He emphasized that most incidents are resolved, but that timely reporting is critical for any chance of recovering funds in business email compromise or ransomware cases. He also described several notable incidents since the last report, including the PowerSchool breach, a SimpleHelp intrusion at a school district, a court intrusion, a WSUS vulnerability, a business email compromise at a K-12 district, and a recent ransomware report involving a non-state critical infrastructure entity. Members asked about smishing, MFA, conditional access, security awareness training, and recovery of lost funds; Gurgan said state systems use phishing-resistant MFA and conditional access, training is provided to state employees and offered to political subdivisions on an opt-in basis, and broader cybersecurity maturity assessments are underway. Craig Falkley gave brief reports on coordination with political subdivisions and higher education, including shared networking, cybersecurity, radio/911, PeopleSoft, and co-location services. He also explained distributed ledger technology as a tool for decentralized, secure data sharing, but said the state has limited use for it and would likely frame future reporting more broadly around emerging technologies. The committee then heard from Tony Ambrose of DPI on the statewide Infinite Campus implementation. He said district implementations are underway, but the project had to terminate its original data migration vendor for poor performance and replace it with Aurora Educational Technology, which had experience with a similar North Carolina migration. He also said DPI is moving special education data from Tynet into Infinite Campus, is still working through how to preserve e-transcripts and Choice Ready-type functionality after the PowerSchool transition, and is developing identity, authentication, and data-sharing arrangements for the summer cutover. Members raised concerns about procurement timing, summer school disruption, and whether some functions would be ready by July 1.

Transcript Highlights:

• He said a reasonable rate must reflect the true cost and operational challenges of providing EMS, something
• Rehoboth's operating costs differ from surrounding communities even though they do the same job with
• Our operating costs in Rojobith are different from our surrounding communities, even though we all do
• All of these affect our operating expenses and therefore our costs, and like many of our municipal cousins
• It isn't about cost. It's about will.

Committee: Joint Joint Committee on Financial Services

Summary: The Joint Committee on Financial Services held a lengthy public hearing with more than 70 people signed up to testify, focusing mainly on health insurance and health care access bills. Early testimony centered on H.1257/S.712, which would require insurance coverage for medically necessary treatment of genetic craniofacial conditions. Supporters included legislators, dentists, and medical experts who said these conditions are not cosmetic, can severely affect eating, speech, pain, and social functioning, and often create major financial hardship because insurers deny coverage. A related dental bill, H.1262/S.676, drew technical testimony from the Life Insurance Association of Massachusetts about implementation issues with the 2022 dental loss-ratio law, while the Massachusetts Dental Society supported H.1306/S.696 on transparency in dental network leasing and opposed H.1262. Representative Gentile also testified for H.4013, which would ban for-profit acute care hospitals and for-profit health insurers in Massachusetts, arguing that profit incentives undermine patient care. A major portion of the hearing was devoted to H.1261/S.799, a bill to protect patients from surprise ambulance bills. Municipal fire chiefs, Boston EMS, nonprofit ambulance providers, and the bill’s Senate sponsor said the measure would require insurers to pay ambulance providers directly and promptly, cap patient out-of-pocket costs, and reduce confusion caused by out-of-network billing. Witnesses described ambulance services as essential public health infrastructure and said current billing practices can discourage people from calling 911 or leave municipalities and nonprofits unable to recover costs. Committee members asked about unpaid debt, municipal billing burdens, and how the bill would affect rates and reimbursement. No votes were taken during the hearing. The committee also heard extensive testimony on H.1249/S.805, which would require screening for PANS/PANDAS in medical and clinical settings. Legislators, clinicians, parents, a teen with the condition, and educators described PANS/PANDAS as an infection-triggered inflammatory illness that can present as sudden psychiatric symptoms and is often misdiagnosed as a mental health disorder. Supporters said routine screening at well visits, emergency rooms, and other clinical settings would help identify children earlier, reduce unnecessary psychiatric treatment and hospitalizations, and improve outcomes. Testifiers repeatedly urged favorable action, emphasizing the personal and financial toll on families and the potential for early treatment to prevent long-term harm. The hearing concluded with continued testimony on these bills; no committee action or votes were announced.

Transcript Highlights:

• Uh, with bonding dollars, we're able to bring it into modern standards and help reduce operating costs
• </c><00:43:47.040><c> costs</c><00:43:47.359><c> through</c> ...and help reduce operating costs through
• Still, DCT's annual facility operating costs for fiscal year 26 are over $42 million.
• Still, DCT's annual facility<01:43:41.360><c> operating</c><01:43:41.920><c> costs</c><01:43:43.119><
• operating costs are um for fiscal<01:43:44.880><c> year</c><01:43:45.280><c> 26</c><01:43:45.840><c>

Committee: Senate Capital Investment

Transcript Highlights:

• Despite not paying for services, the cost of Care Court is astronomical.
• At a time of budget strain and rising costs, is it fair for taxpayers to subsidize corporate labor costs
• At a time of budget strain and rising costs, is it fair for taxpayers to subsidize corporate labor costs
• there have been polls in recent labor costs.
• Second, it regulates conditions, not government operations.

Committee: House Health

Transcript Highlights:

• drag, and rising cost.
• drag, and rising cost.
• environment—the cost to operate is potentially much less.
• , more third-party costs, subscription costs.
• , and your long-term annual costs for operating it.

Committee: Joint Information Technology Committee

Transcript Highlights:

• </c> average out-ofpocket cost was 1,400? average out-ofpocket cost was 1,400?
• It's costs and initial contributions.
• </c><00:24:14.640><c> per</c> estimate of what this could cost per estimate of what this could cost per
• And this bill costs.
• Operating or contracting. >> On-site tied to operating or contracting. >> On-site or nearby childcare

Committee: Senate Ways and Means

Transcript Highlights:

• I 100% anticipate cost to the state.
• Uh these buildings cost now.
• </c> our motan values and be able to operate our motan values and be able to operate in<00:25:49.440>
• Operation they lived and worked here.
• </c><00:37:31.119><c> If</c> shift costs onto our communities. If shift costs onto our communities.

Bills: HF3611 , HF3659 , HF3909

Committee: House Taxes

Transcript Highlights:

• Those high costs aren't a fact of nature that we must simply accept.
• This project is one of the most cost-effective, cost per metric ton of greenhouse gas reduction, in all
• And that's a huge cost that is directly imposed by government on new housing.
• It's much more cost-efficient to serve than housing in outlying areas.
• The other is the cost of construction, and then the third is the demand.

Summary: The Select Committee on Downtown Recovery held an informational hearing on the future of public transit and its role in downtown recovery. Chair Haney framed the discussion around how downtowns have changed since the pandemic and how transit, walkability, housing, and street design can support more 24/7 activity. The hearing included three panels: transit agency representatives, street design and curb management experts, and housing/transit development advocates. Transit agency witnesses from BART, LA Metro, and Sacramento Regional Transit described post-pandemic ridership shifts, with more weekend, evening, and event-based travel and less reliance on traditional weekday commute patterns. BART highlighted downtown San Francisco’s dependence on transit, its event service, safety investments, and transit-oriented development pipeline, while asking the state to protect transit funding and honor SB 125 and greenhouse gas reduction fund commitments. LA Metro emphasized special event service, especially around the World Cup and Union Station activations, as a way to make transit a destination and improve customer experience. Sacramento Regional Transit reported bus ridership recovery above pre-pandemic levels, light rail lagging behind, new vehicles and stations, stronger security measures, and concerns about future funding cuts affecting student fares, capital projects, and service levels. The second panel focused on making downtown streets more walkable and transit-friendly. Jeff Speck argued that walkability depends on places being useful, safe, comfortable, and interesting, and urged cities to restripe streets, reduce lane widths, add bike protection, improve crossings, and redesign one-way streets. Mark Vuksevich of Streets for All said downtowns are statewide economic assets and called for frequent transit, bus priority, modern curb management, parking pricing tied to availability, and parking benefits districts that reinvest revenue locally. He also said the state should provide model enabling legislation and more flexibility for local experimentation. The final panel focused on housing near transit. California YIMBY’s Aaron Eckhouse supported AB 2074, which would encourage large-scale housing in transit-rich downtowns, and argued for more financing tools, condo reform, and building code changes to reduce costs. Transbay Joint Powers Authority Executive Director Adam Van Water described the Transbay Transit Center and surrounding district as a case study in transit-oriented downtown growth, with millions of square feet of development, thousands of residents, and a major portal project still awaiting funding and pre-construction work. Members discussed office-to-housing conversions, the need to repurpose underused office stock, and the importance of state funding and policy support for transit, housing, and downtown revitalization.

Transcript Highlights:

• > know</c> the and the cost for operating you know the and the cost for operating you know each<00:24
• The for-profit conversion bill this afternoon would reduce our operating costs substantially, and this
• The for-profit conversion bill this afternoon would reduce our operating costs substantially, and this
• The for-profit conversion bill this afternoon would reduce our operating costs substantially, and this
• </c> afternoon would reduce our operating afternoon would reduce our operating cost cost cost substantially

Committee: House Health, Human Services & Elderly Affairs

Transcript Highlights:

• confronting in terms of housing costs, energy costs, and health care costs, nevertheless had the fastest
• GDP growth rate. ...housing costs, energy costs, health care costs, nevertheless had the fastest GDP
• cost of the T.
• I would hate to see us try to find savings in the T's operating costs by letting folks go.
• Implementation of the new system crosses into FY27 and will then need to support its operational costs

Committee: Joint Joint Committee on Ways and Means

Summary: The hearing opened the FY27 budget process with remarks from the Senate and House Ways and Means chairs and testimony from Governor Healey and Administration and Finance Secretary Matthew Gorzkowicz. The chairs emphasized fiscal caution amid choppy revenue growth, rising health care and education costs, and federal uncertainty, while the governor framed House 2 as a $62.8 billion budget that grows spending by about 1% without new taxes or fees and aims to protect core services while advancing affordability. The administration said the budget uses efficiencies, program integrity, and Fair Share surtax revenue to support education, transportation, housing, child care, health care, and public safety, and it also filed a supplemental Fair Share bill using surplus FY25 funds. Much of the questioning focused on the federal “OB3” tax law and the administration’s separate proposal to delay or phase in certain corporate tax changes, especially research and experimental deductions, to avoid in-year budget shocks. Members also pressed the administration on Fair Share allocations, with the governor and secretary explaining that operating-budget surtax spending is weighted more toward education while supplemental spending is more transportation-focused, and that combined spending is roughly balanced overall. The administration highlighted Chapter 70 aid, special education circuit breaker funding, rural school aid, local aid, child care, the MBTA deficit, regional transit authorities, and a new HHS transportation line item as part of the broader transportation strategy. Several members raised concerns about Chapter 70 equity, rural districts, municipal overrides, out-migration, housing affordability, public housing repairs, and the MBTA Communities Act. The governor and secretary said they are open to further discussion on school funding formulas, PILOT, and municipal aid, and stressed housing production, energy affordability, and workforce development as key responses to out-migration. On energy, the governor defended an all-of-the-above approach, including renewables, gas, and exploration of nuclear, while saying she would continue pushing utilities and regulators to reduce ratepayer costs. The governor also said fire safety grants would not be withheld for noncompliance with the MBTA Communities Act, and members discussed public safety, housing, and local grant impacts in that context. Other topics included the Bright Act and higher education capital investments, with the administration saying it is preparing to support campus infrastructure across the public higher education system and that the bill is intended to strengthen Massachusetts’ competitiveness and retain graduates. Members also questioned cuts to the PCA program and EAEDC, and the governor responded that the state’s PCA program remains strong but is under pressure from large federal health care reductions. No votes were taken; the session was a hearing on the governor’s budget proposal and related policy bills, with the administration taking questions and offering explanations of its recommendations.

Transcript Highlights:

• This will also reduce administrative and mailing costs and cover the cost to taxpayers and administrative
• I think the costs are going to vary.
• What are the costs that the assessor's office would be accruing?
• It didn't cost me anything. So, what Kind of cost specifically do they need to be funded for?
• But for the next 25 years, there is darn sure a cost managing this.

Bills: SB1519 , SB1775 , SB1900 , SB1948 , SB2080

Committee: Senate Local and County Government

Keywords: municipal zoning, home-based businesses, no-impact businesses, local government, regulation, short-term rentals, municipal ordinance, municipal court, court of record, court not of record, city penalties, fine limits, penalty cap, ordinance enforcement, state statute, traffic offenses, speeding, parking, DUI, DWI

Transcript Highlights:

• So the Board of Health authorized a set fee schedule to cover the cost of operating the nursing home
• A set fee schedule to cover the cost of operating the nursing home licensure and inspection program.
• of medications, Because some of the factors are, again, the cost of medications, the cost of insurance
• That's cost to the program.
• That's cost to the program.

Committee: House Health and Human Services

Transcript Highlights:

• They say, no, this has to go back to the operator of the kiosk.
• But then you're stuck, or the victim... ...operator of the kiosk.
• And Detective, that's interesting because you said the operator, so the kiosk operator had some sort
• He said operating a cryptocurrency kiosk has unique costs, including purchasing, installing, and maintaining
• involved in operating a kiosk business.

Committee: Joint Joint Committee on Financial Services

Summary: The committee heard testimony on several financial services bills, with the main focus on cryptocurrency kiosk regulation, financial literacy, and earned wage access. Legislators and witnesses described widespread crypto-related scams targeting older adults, often involving impersonation, urgency, spoofed phone numbers, and rapid transfers through kiosks that are difficult to trace or recover. Supporters of the kiosk bills said Massachusetts needs licensing, registration, transaction limits, warning notices, receipts, refund protections, and other safeguards; some also urged a “pause” or hold on transactions to give victims time to reconsider and allow law enforcement to intervene. The Attorney General’s office, AARP, local law enforcement, and several prosecutors and sheriffs backed the consumer-protection approach, while Bitcoin Depot supported a narrower regulatory framework but opposed low fee caps and strict daily limits, arguing they would function like a ban and reduce legitimate use. Witnesses from Waltham police, Middlesex and Essex County law enforcement, and the AG’s office said crypto scams are growing quickly, losses are often unrecoverable once funds move, and current tools are limited. They described cases involving elderly victims losing thousands of dollars, and said warnings alone are not enough because scammers keep victims on the phone and guide them through the process. Some witnesses said a temporary hold or refund mechanism has worked in at least one case, while others emphasized that transaction limits and visible disclosures could reduce harm even if they do not stop fraud entirely. The AG’s office also said it would submit written opposition to separate earned wage advance legislation, while DailyPay testified in support of that bill, saying earned wage access helps workers bridge short-term gaps without debt or credit reporting. The committee also heard support for mandatory financial literacy education from Representative Jim Hawkins, who said high school students need instruction on credit, debt, and inflation before they enter adulthood. In addition, the committee took testimony on litigation financing bills from insurance industry representatives, who argued for disclosure and regulation of predatory litigation lending and warned about foreign interference and reduced plaintiff recoveries. No votes or final actions were taken during the hearing; members asked questions throughout, and the chair noted the need to move testimony along because of time constraints.

Transcript Highlights:

• than educational operations.
• than educational operations.
• It's only a must-have in my mind if the cost of these 33,000 passes, if the marginal cost of servicing
• What we're doing here is saying that that's our way to tell what those increased operational costs will
• For me, I think about it very similar to public transit, that most of your costs are fixed costs, and

Summary: The Assembly Budget Subcommittee on Climate, Crisis, Resources, Energy, and Transportation opened its first hearing on the governor’s natural resources budget with Secretary Wade Crowfoot of the Natural Resources Agency. Crowfoot reviewed California’s recent climate and environmental challenges—drought, wildfire, heat, sea level rise, and federal uncertainty—and highlighted progress on clean energy, zero-emission vehicles, wildfire resilience, water management, coastal planning, conservation, tribal land return, and streamlined project delivery. Members praised his engagement and the administration’s work with tribes, and Crowfoot emphasized that the administration is focused on finishing major projects, improving nature-based solutions, and considering whether some temporary streamlining measures should be codified. He also discussed the Mediterranean Climate Action Partnership and said the state is working with other Mediterranean-climate governments on wildfire, drought, and heat response. Members and the LAO then focused on budget conditions and priorities. The Legislative Analyst’s Office said the state budget remains precarious despite strong revenues, with the governor’s proposal relying on borrowing and reserves and leaving large out-year deficits unresolved. The LAO urged a high bar for new spending, especially in a deficit environment, and recommended prioritizing immediate health and safety needs, avoiding new ongoing commitments, and thinking carefully about special funds. On Proposition 4, the LAO said the administration’s approach generally appeared reasonable and consistent with the bond, but noted implementation has been slow and that the Legislature may want to use appropriations language to shape broad programs such as home hardening, outdoor recreation, and climate education. The chair stressed that climate and environmental funds should be used for their intended purposes and that wildfire spending should shift more toward community hardening and home protection. The hearing then turned to water resilience and Proposition 4 spending. Department of Finance and department staff outlined the bond’s water-related funding for safe drinking water, drought, flood, water recycling, stormwater, groundwater management, dam safety, and the State Water Project. Members pressed for details on how funds would be prioritized, how grants would reach disadvantaged communities, and how the state would track the bond’s 40% target for vulnerable communities. Staff said new tools and reporting systems are being used to monitor allocations, and that AB 107 and related changes should speed up grant implementation by reducing redundant regulatory steps. The committee also discussed dam safety needs, State Water Project repairs, groundwater implementation grants, and the risk of relying on uncertain future revenues from the Salton Sea lithium tax. No votes were taken, and the hearing was informational only.

Transcript Highlights:

• It's a $250,000 transfer from professional fees to operating expenses.
• The actual cost is right there in paragraph 3.
• So $3,000 is what it's going to cost us to get the building back. $46,000 is what it's going to cost
• The actual cost is right there in paragraph 3.
• I don't know if you had replacement cost or ACV or what you had.

Committee: All ALC-PEER

Summary: The committee considered a series of appropriation, fund transfer, and reserve requests across multiple agencies. Section B temporary appropriations included funding for state technology upgrades, personnel management staffing and IT skills assessment, court reporters and interpreters, crime victim claims, juvenile sex offender assessments, radiation lab testing, and higher education workforce grants and credentialing pathways. Additional items covered an ARPA grant for the University of Arkansas Fort Smith LPN program, an IIJA grant for the Oil and Gas Commission’s critical minerals work, a restricted reserve transfer for State Police vehicle purchases, a transfer to the Arkansas Heroes Program, and cash fund requests for the Real Estate Commission’s AV system and HVAC work. Most of these items were approved by voice vote. One budget classification transfer request from the Commissioner of State Lands drew extended questioning and was ultimately not approved. Members questioned the $250,000 transfer to operating expenses tied to the purchase of a West Little Rock office building, the ongoing lease costs at the prior location, and whether the agency had adequately planned for building-related expenses. After discussion, the motion failed, and members told the agency to tighten spending and return if needed. The committee then took up 15 pay plan appropriation requests totaling $25.7 million and approved them after discussion with DFA, DHS, Corrections, and the State Board of Election Commissioners. Members focused heavily on DHS staffing shortages at human development centers, where officials said vacancies and turnover were driven by overtime and burnout rather than pay alone; one member asked DHS to submit a written plan to address the issue. Corrections reported the pay plan had improved hiring and retention. The committee also approved overtime appropriations for Emergency Management and Military. Reports on reserve funds, the Budget Stabilization Trust Fund, tobacco settlement, State Central Services, Education Adequacy, Medicaid Trust, IIJA, and revenue transfer activity were received. The Medicaid Trust Fund report prompted significant concern about February’s $90 million draw; DHS said the month was unusually high because of cash-flow timing and that the fund should end the year with a balance between $150 million and $200 million, while lawmakers noted a second $100 million set-aside is planned for FY27. The final discussion centered on DHS’s state hospital damage claim and reconstruction funding, where members expressed disappointment that insurance reimbursement would likely return only about $1.8 million now and possibly about $97,000 more later, far less than the roughly $5 million initially expected. DHS explained the policy was based on actual cash value and depreciation for old buildings, and said the work would proceed on Unit 3 for secured restoration because it was the most cost-effective option.

Transcript Highlights:

• </c><00:04:19.040><c> metro</c> uh the impact of of operation metro uh the impact of of operation metro
• This includes delaying the cost of liquor license renewals for six months to ease the burden of the cost
• /c> federal operation especially impacted federal operation especially impacted beauty<00:36:50.160><
• ,</c> creates unsustainable overtime costs, creates unsustainable overtime costs, never<00:37:44.000>
• The operation may have been called Operation Metro Surge, but the reality is that the entire state of

Committee: Senate Jobs and Economic Development

Transcript Highlights:

• One, salaries and benefits are the largest share of operational costs.
• costs on a daily basis.
• Operational costs on a daily basis.
• In other words, I realize that most schools have some operational costs that are fixed.
• Is there a minimum that schools... because you know we have operational costs, we have administrative

Transcript Highlights:

• We do not yet have a quorum, so we will operate as a subcommittee to begin our bill presentations.
• And then we wonder why the cost of housing is so darn expensive.
• So the cost of that is not huge.
• when those operating revenues are just not enough.
• if and when those operating that operating revenues are just not enough I think this was you know one

Summary: The committee heard several housing-related bills. AB 2002 would clarify and extend the REAP 1.0 regional housing planning grant program, with the author and regional planning groups arguing it provides needed technical assistance for housing elements and RHNA compliance; the California Building Industry Association opposed unless amended over concerns about local constraints. The committee discussed accepted amendments on regulations, suballocation to subregions, and spending deadlines, and then passed the bill on a do pass as amended motion to Senate Appropriations. AB 1684 would prohibit HOAs from restricting homeowners’ ability to install or replace cooling systems, with supporters citing heat safety and opponents focusing on building integrity, electrical capacity, permits, and common-area placement; the committee adopted amendments on licensed electrical contractors, disclosure, and permit requirements, and passed the bill to Senate Judiciary. AB 1710 would extend SB 330-style vesting protections to state and regional agencies so housing projects are not subject to later regulatory changes, with supporters emphasizing predictability and opponents warning it could conflict with later state, regional, and federal requirements, especially for water and environmental rules; the bill was passed as amended to Senate Local Government. The committee also heard AB 2263, which would authorize the Santa Clara Valley Transportation Authority to provide employee housing on its land with a preference for VTA workers while keeping units open to the public and compliant with fair housing law. VTA said the bill would help employees facing long commutes and high housing costs, and the committee discussed financing through transit-oriented development partnerships and existing land holdings; the bill was passed as amended to Senate Appropriations. AB 2270 would require the state tax credit committee to account for rural realities when scoring farmworker housing projects for low-income housing tax credits; supporters said current amenity-based scoring disadvantages rural farmworker developments, and the bill was passed as amended to Senate Appropriations. Later, AB 2118 would refine AB 2011 by limiting local objective standards that can block mixed-use and affordable housing projects, with supporters saying cities still use loopholes to delay projects; the committee discussed possible state mandate reimbursement issues and passed the bill to Local Government. Finally, AB 2050 would require HOA reserve funding based on reserve studies, add notice and safeguards for reserve transfers, and phase in funding over six years; supporters argued it would prevent large special assessments and protect homeowners, while opponents said enforcement remains weak and the bill could still burden owners. The committee did not take a final recorded vote on AB 2050 in the portion provided, but members discussed the need for stronger enforcement and the balance between reserve funding and affordability.

Transcript Highlights:

• We assess the construction cost and utilize RS Means data to ensure the square footage cost is within
• We ensure the square footage cost is within tolerance.
• You know, a statewide have A private company operate.
• So these are not based on actual food costs.
• In their operating. Thank you. So, with that.

Committee: House House Appropriations & Finance

Transcript Highlights:

• , like rising utility costs.
• on staying out of operations.
• What was once a collection of locally owned, locally operated, mom-and-pop hotel operations in cities
• They are no longer locally owned and operated hotels.
• They are now almost exclusively hotel operators.

Committee: House Labor and Employment