Video & Transcript Research : 'vehicle value'
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MN
Minnesota 2025-2026 Regular Session
Motor vehicle registration tax calculation change 3/25/26
Minnesota House Floor Meeting
Transcript Highlights:
- I'm writing to you regarding vehicle registration tabs.
- And when you own a small business and these are not new vehicles by any means, that hurts.
- </c><00:21:36.240><c> of</c> which has a Kelley Blue Book value of which has a Kelley Blue Book value
- sales tax is down, meaning people are buying less brand new vehicles.
- down and buy another new vehicle less often, and purchase more used vehicles or just not buy new vehicles
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation May 20th, 2025
Transcript Highlights:
- And making sure that people get value.
- But we find, quite a few of us find value in going to Starbucks.
- We find value in getting foam on it with a little heart sometimes.
- We find, we kind of have a value. I know.
- But do I know the value that, you know, the value... But do I know the value of a dollar in 2035?
Summary:
The hearing opened with budget framing from the chair and the LAO, who said the May Revision addresses roughly a $14 billion budget problem and that the environment and transportation subcommittee’s proposals account for about $1.9 billion of the solution. The LAO urged members to focus on solutions that do not worsen out-year deficits, to preserve reserves, and to defer major policy changes that are not necessary to pass the budget, including the newly introduced water-related trailer bills. Members also raised concern about a late-dropped Olympic-related trailer bill, which the LAO likewise suggested should be deferred for fuller review.
The first major item was the Delta Conveyance Project and related water quality control plan trailer bills. The administration argued the proposals would streamline permitting, water rights proceedings, judicial review, and land acquisition, and would clarify DWR’s bond authority for the project. DWR said the project is needed to protect water supply reliability against drought, earthquakes, sea level rise, and other climate-related disruptions, and that the tunnel would help move water when conditions are wet and safer for the environment. Committee members from both parties questioned the timing, the use of budget trailer bills for major policy changes, the scope of the CEQA and water-rights changes, the lack of a bond cap, cost growth, and eminent domain protections. The LAO recommended deferring both water trailer bills without prejudice. Public comment was sharply divided, with labor, water agencies, and some business groups supporting the project as climate adaptation and reliability infrastructure, while environmental, tribal, fishing, county, and community groups opposed it as an attempt to bypass public process and weaken protections.
The committee then briefly heard the DMV’s Digital Experience Platform fee trailer bill, which would reinstate a $1 system improvement fee to help fund the vehicle-registration phase of the project. DMV said the fee would raise about $7 million annually and offset roughly $59 million to $60 million of project costs, while the LAO noted it would help but would not solve the Motor Vehicle Account’s broader structural gap. The hearing then moved to California High-Speed Rail, where the new CEO presented an updated plan and said the project remains a major climate and infrastructure investment. He reported a revised Merced-to-Bakersfield cost range of $34.9 billion to $38.5 billion, said the agency is trying to reduce risk through direct procurement of materials, and argued that stable annual funding is needed to avoid higher costs from delays.
TX
Transcript Highlights:
- Yeah, you're talking about the issue of whether or not we use state values or local values in determining
- So there's a, the way that the state values determination works is if you are out of the state values
- value growth rate.
- I looked at the fund value yesterday. It's at $212 billion.
- The primary factor impacting, you know, motor vehicle, or motor fuel tax, vehicle registration, and even
Keywords:
infrastructure, water supply, flood mitigation, Texas Water Fund, community projects, funding allocations
Summary:
During this committee meeting, the focus was on discussing critical infrastructure funding, especially related to water supply and flood mitigation projects. Chairwoman Stepney and the Water Development Board presented extensive details regarding the Texas Water Fund, which included $1 billion appropriated to assist various financial programs and tackle pressing water and wastewater issues. Additionally, funding allocations aimed at compromising the state's flood risk and improving water conservation were hotly debated, emphasizing collaboration among committee members and the necessity of addressing community needs in such projects.
FL
Florida 2026 Regular Session
FL House Floor Session - 2026-02-19 (10:00AM Session)
Florida House Floor Meeting
Transcript Highlights:
- Date of acquisition, current planned use, if any, market value, assessed value, and a district-commissioned
- But we were valued as Americans and... lines.
- But we were valued as Americans and ...or our ability to work, but we would value as Americans that we
- It's about legacy—a legacy that reflects our shared values of those unborn, my values and your values
- I didn't say my, but our shared values.
KY
Kentucky 2025 Regular Session
Air Mobility & Aviation Economic Development Task Force (10-28-25)
Transcript Highlights:
- vehicles that fly.
- vehicles that fly.
- vehicles that fly.
- Vehicles that fly.
- The vehicles look different.
Summary:
The task force approved the October 14, 2025 meeting minutes and then heard a presentation from Austin Kaylor of WSP on alternative aviation fuels. Kaylor described an ongoing feasibility study focused on Cincinnati/Northern Kentucky International Airport and the other four commercial airports in Kentucky, with an eye toward both near-term use of alternative aviation fuel in existing supply chains and longer-term in-state production using local feedstocks. He said Kentucky’s current jet fuel use at the five airports is about 609 million gallons annually and could approach 1 billion gallons by 2050, and he outlined potential feedstocks such as soybeans, corn, and waste oils, along with existing logistics assets like river terminals, trucking, rail, and some pipelines. He also discussed federal and state policy support, including renewable fuel credits and the recent 45Z tax credit extension, and said the study suggests significant economic-development potential if Kentucky can leverage existing infrastructure and incentives.
Members asked about the cost of sustainable aviation fuel, whether taxpayers would be subsidizing it, and whether food crops would be diverted from food use. Kaylor responded that the market is increasingly using second-generation and waste-based feedstocks, that federal incentives can cover much of the price differential, and that SAF is a direct substitute for conventional jet fuel with some efficiency benefits. He said demand comes from both U.S. and foreign carriers, including major U.S. airlines that have made emissions-reduction commitments. Members also raised the possibility of locating production in Appalachia to create jobs closer to feedstock sources; Kaylor said that approach has worked in other states and could fit Kentucky’s logistics network.
The committee then heard from Leif Elder of the Utah Department of Transportation, who introduced himself and said he would discuss advanced air mobility legislation in Utah. The transcript cuts off before his substantive presentation, and no further votes or actions were recorded after the question-and-answer discussion on alternative aviation fuels.
MO
Missouri 2026 Regular Session
Budget Feb 5th, 2026
Transcript Highlights:
- Those are valuable goals and values to have in place.
- core, but their vehicle is in the fleet core.
- that might have higher resale value, whether that be... ...specific types of vehicles that might have
- A Ford utility vehicle costs $46,278.
- They do not have a vehicle replacement corps, so each time that they are in need of replacing vehicles
Summary:
Attorney General Catherine Hanaway presented the Office of the Attorney General’s FY 2027 budget request and outlined her office’s priorities: reducing violent crime, targeting illegal and unregulated activities she described as a “vice squad” focus, protecting Missourians from fraud, and improving the office’s legal work. She highlighted major cases and enforcement efforts, including litigation over insulin pricing, Dollar General pricing practices, a criminal prosecution in Hermann, the Jackson County assessment dispute, and a new lawsuit involving Misha’s board policy. Committee members asked about cybercrime enforcement, cooperation with federal authorities, VLTs, ballot and referendum litigation, and the office’s approach to diversity-related legal issues. Hanaway said cybercrime and no-call enforcement rely heavily on multi-state and federal cooperation, and she emphasized that many cases begin with citizen reports.
Members also questioned the cost and scope of ongoing election-related litigation, including redistricting and referendum cases, and Hanaway said her office is defending the laws and ballot processes as required. She estimated roughly $600,000 in staff time over about six months for the referendum/redistricting work combined. Several members raised concerns about the Misha lawsuit and whether similar statutory provisions elsewhere in state government could raise the same legal issues; Hanaway responded that the case involved a board rule, not a statute, and turned on whether the requirement functioned as a quota. The committee also discussed child sexual exploitation, human trafficking, Medicaid fraud, and the use of outside counsel and pro hac vice fees. Hanaway said the office is using non-GR funds where possible and is not requesting pay increases this year.
The Missouri Office of Prosecution Services then presented its budget. Officials explained that MOPS trains and supports prosecutors statewide, including on DWIs, child sex cases, and new prosecutor training, and that its budget request matches the governor’s recommendation. Members asked about support for local prosecutors, the nine counties without elected prosecutors, and the new conviction integrity unit; staff said the unit’s positions were shifted between line items and that the office can help answer prosecutorial questions through its general counsel. The committee then moved to the Department of Public Safety budget. DPS reviewed funding for crime victims notification, law enforcement recruitment and retention, drug task forces, academy scholarships, Blue Star grants, local crime prevention, school safety, World Cup security, 988 trainings, wastewater testing in schools, and other programs. Members asked about the $59 million federal FIFA World Cup grant, school safety app funding, and wastewater testing participation; DPS said the World Cup funds require no state match, the app funding is being phased out, and schools opted into the testing program. The committee recessed before finishing the DPS book, with plans to return later.
TX
Transcript Highlights:
- And I get pictures of the vehicles.
- There was value in a well-regulated reserve program.
- vehicle has to be marked.
- That's the vehicle numbers. That's to say the department on three sides of the vehicle.
- So I believe in the value of reserve officers.
KY
Kentucky 2026 Regular Session
House Standing Committee on Economic Development & Workforce Investment (2-12-26)
Economic Development & Workforce Investment
Transcript Highlights:
- I do think that best value has a strong need to be discussed over time.
- equipment for those vehicles in the procurement code.
- uh or equipment for those vehicles uh or equipment for those vehicles<00:09:33.680><c> in</c><00:09:
- </c><00:09:35.120><c> That's</c> vehicles in the procurement code.
- That's vehicles in the procurement code.
WA
Washington 2025-2026 Regular Session
Senate Environment, Energy & Technology Jan 13th, 2026
Transcript Highlights:
- I also have an electric vehicle.
- While we do have value, we see the value in the bill, we also do recommend a couple additional changes
- The Clean Vehicles Program exempts certain vehicles from all or part of the standards, such as certain
- military vehicles, some transit agency buses, and vehicles purchased by law enforcement.
- The draft rules define utility service vehicles as vehicles purchased by local utilities to respond to
Summary:
The committee heard public hearings on four bills. SB 5982 would expand Clean Energy Transformation Act coverage to include port districts and certain single-customer utilities, and would revise definitions for market customers and affected market customers. Supporters, including environmental groups, Commerce, Ecology, and some port and utility representatives, said it would close loopholes and ensure large loads such as data centers and port-based generation are subject to CETA. Opponents from ports, PUDs, business groups, and industrial consumers argued the bill could sweep in existing single-customer utilities and burden smaller ports or industrial projects. No vote was taken; the chair closed the hearing after noting substantial pro, con, and other testimony.
SB 6008 would create a statewide residential battery incentive and flexible demand program administered through Commerce, with higher incentives for low- and moderate-income customers and requirements tied to utility flexible demand programs. Supporters said it would improve grid resilience, lower bills, and help deploy virtual power plants and distributed storage. Utilities and some advocates supported the concept but asked for changes on funding, low-income verification, compensation, deadlines, and program design. No action was taken beyond the public hearing.
SB 6050 would allow portable plug-in solar devices and one meter-mounted device per premises, while restricting utilities, landlords, and HOAs from blocking them and setting safety and certification conditions. Supporters called it a low-cost way to expand distributed solar access, especially for renters and lower-income households. Opponents, including labor, utilities, and safety-focused witnesses, raised concerns about fire risk, backfeeding, lack of existing electrical code standards, utility worker safety, and the need for interconnection review. The committee then heard SB 6056, which would direct Ecology to exempt utility service vehicles from certain clean vehicle emissions standards; Ecology said it was already pursuing a similar rule and flagged the bill’s broad definition and potential policy implications, while utility associations supported the exemption for emergency response vehicles and environmental advocates opposed the statutory approach. No votes were taken on any of the bills.
MO
Transcript Highlights:
- $12 million one-time transfer on July 1, 2027, and continued annual transfers of 20% of the fund's value
- The speaker said there is value in having a trained, licensed adjuster whose work is their career, and
- So there was real value there. It opened up the eyes of the other adjuster for whatever reason.
- You provide your own devices in case the vehicle in question doesn't have some tracking technology on
- , sold, or otherwise distributed without the express written consent of the owner of the vehicle.
Summary:
The Insurance Committee held public hearings on House Bill 3328 and House Bill 2324. HB 3328, sponsored by Rep. Castile, is a broad homeowners insurance package that would redirect insurance dedicated fund money into a Missouri Stronger Homes Fund, create a Missouri Disaster Mediation Act for disaster-related claims, update public adjuster regulation, strengthen fraud provisions, add consumer notices, and establish roof-hardening grant programs. The sponsor and the Department of Commerce and Insurance said the bill is still being revised in a committee substitute, especially on public adjuster language and fortified roof standards. Committee members asked about the dedicated fund, mediation benchmarks, the role of public adjusters, and how the program would affect disaster recovery in places like St. Louis.
Testimony on HB 3328 was mixed. The Department of Commerce and Insurance and several insurance industry groups supported the bill’s consumer protections, mitigation funding, mediation process, fraud language, and assignment-of-benefits ban, but said the public adjuster fee cap would likely be removed and that the bill needs technical changes for mutual insurers and roofing standards. Public adjusters testified in opposition to the cap as written, saying their fees are typically 10-15% and are disclosed in contracts, and that they were working with the sponsor on revisions. A shingle manufacturer also opposed the fortified roof language as drafted because some of its products may not fit the current standard. The committee then closed the hearing on HB 3328.
The committee next heard HB 2324, sponsored by Rep. Lucas, which would restrict the sharing or sale of vehicle driving data and was described by the sponsor as a privacy bill aimed at stopping companies like OnStar from selling driving data to insurers. Opponents from the Missouri Insurance Coalition and NAMIC said the bill would not actually target OnStar, but would instead interfere with voluntary telematics-based discount programs used by insurers, potentially raising premiums and creating administrative burdens. They also noted existing federal and state rules already govern insurer data use and that the bill could create a mismatch between risk and pricing. The hearing on HB 2324 was then closed, and the committee adjourned.
CA
California 2025-2026 Regular Session
Assembly Transportation Committee Apr 20th, 2026
Transportation
Transcript Highlights:
- It adds these vehicles into state sideshow law, which are commonly used vehicles in sideshow events.
- , i.e. dirt bikes, motorcycles, off-road vehicles.
- , getting people to the last mile, has a lot of value.
- Unlike motor vehicles, e-bikes do not have a standardized vehicle identification number, or VIN, which
- Unlike motor vehicles, e-bikes do not have a standardized vehicle identification number, or VIN, which
MN
Transcript Highlights:
- of allows electric vehicle uh owners of electric<00:01:11.280><c> vehicles</c><00:01:12.240><c> to</
- c><00:01:12.560><c> purchase</c><00:01:13.159><c> a</c> electric vehicles to purchase a electric vehicles
- </c><00:01:33.759><c> we</c> other traffic data the more Vehicles we other traffic data the more Vehicles
- reducing the vehicles to have two people ride, and obviously if two people are one vehicle, they're
- </c><00:05:13.520><c> Lanes</c> then you would use those vehicle Lanes then you would use those vehicle
MO
Transcript Highlights:
- $12 million one-time transfer on July 1, 2027, and continued annual transfers of 20% of the fund's value
- So there was real value there. It opened up the eyes of the other adjuster for whatever reason.
- Practice where individuals are intentionally overstating the value of goods or services that are then
- , sold, or otherwise distributed without the express written consent of the owner of the vehicle.
- Without the express written consent of the owner of the vehicle.
Summary:
The Committee on Insurance held public hearings on House Bill 3328 and House Bill 2324. HB 3328, sponsored by Rep. David Casteel, is a broad homeowners insurance package that would redirect insurance dedicated fund money into a Missouri Stronger Homes Fund, create a disaster mediation program, add consumer notices, update fraud provisions, and regulate public adjusters. The sponsor and Department of Commerce and Insurance said the bill is intended to improve disaster resilience, speed claim resolution, and reduce fraud, while committee members asked about the dedicated fund, mediation benchmarks, and the role of public adjusters and third-party inspectors. Several witnesses supported the bill’s mitigation and fraud provisions, but public adjusters opposed the proposed fee cap language, saying it was based on outlier cases and could reduce consumer recovery; the sponsor and department said that cap language would likely be removed in a committee substitute. Other supporters, including the Missouri Insurance Coalition, NAMIC, and the National Insurance Crime Bureau, backed the roof-hardening grants, mediation concept, fraud language, and a ban on assignment of post-loss benefits, though some asked for carve-outs or technical changes for mutual insurers and roofing standards.
HB 2324, sponsored by Rep. Wild Bill Lucas, would restrict the collection, sharing, and use of vehicle driving data, which the sponsor said was meant to stop companies like OnStar from selling data to insurers without consent. Committee discussion focused on whether the bill would actually reach vehicle manufacturers or instead would mainly affect insurers’ voluntary telematics discount programs. Insurance industry witnesses testified in opposition, saying the bill as drafted would not address the OnStar issue, could interfere with opt-in safe-driver discount programs, and could create mismatches between premiums and risk if insurers could not adjust rates based on telematics. They also noted existing federal and state regulation of consumer data and said any future version should be narrowed if the sponsor’s goal is to target manufacturers rather than insurers. No votes were taken on either bill, and both hearings were closed without further action.
WA
Washington 2025-2026 Regular Session
Senate Environment, Energy & Technology Jan 13th, 2026 at 01:30 pm
Environment, Energy & Technology
Transcript Highlights:
- While we do have value, we see the value in the bill, we also do recommend a couple additional changes
- Senate Bill 6056 relates to exempting utility service vehicles from certain motor vehicle emission standards
- The Clean Vehicles Program exempts certain vehicles from all or part of the standards, such as certain
- military vehicles, some transit agency buses, and vehicles purchased by law enforcement.
- The draft rules define utility service vehicles as vehicles purchased by local utilities to respond to
Keywords:
consumer-owned utilities, clean energy, port districts, market customers, energy transformation, energy storage, residential battery, grid connection, renewable energy, incentives, distributed energy, renewable resources, energy policy, sustainable energy, state regulations, utility vehicles, emission standards, environment, regulation, exemptions
CA
California 2025-2026 Regular Session
Assembly Communications and Conveyance Committee Jun 18th, 2025
Transcript Highlights:
- to zero-emission vehicles used in TNC fleets.
- to zero-emission vehicles used in TNC fleets.
- , access electric vehicle charging infrastructure.
- also rent vehicles to them, right?
- So we are the most insured vehicle on the road, period.
Summary:
The hearing focused on transportation network companies in California, with the chair framing it as an informational hearing on the history, regulation, safety, climate, accessibility, and data issues surrounding Uber, Lyft, and smaller or autonomous TNC services. The CPUC described its decade-long regulatory role, including safety rules, background checks, insurance requirements, reporting obligations, and two major legislative programs from 2018: the Clean Miles Standard and the Access for All program. Members asked about complaint trends, data collection and disclosure, program implementation, and how the CPUC uses annual reports for policymaking, compliance, and program oversight.
Uber and Lyft said the statewide framework has supported growth while providing safety and access benefits, but both companies emphasized that insurance is a major cost driver and argued that California’s UM/UIM requirement is unusually high compared with other vehicles. They said the Clean Miles Standard is pushing electrification but faces headwinds from EV affordability and charging infrastructure, while Access for All has expanded wheelchair-accessible service but still needs continued support. They also discussed transit partnerships, wildfire response, and the potential role of autonomous vehicles, with both companies saying human drivers will remain important and that future regulation should account for new technology.
The final panel, including the San Francisco County Transportation Authority and UC Berkeley researchers, presented evidence that TNCs have increased congestion and reduced transit ridership, especially in dense urban areas. They described prior research showing TNCs contributed to congestion growth in San Francisco and noted that this work helped spur local taxes on ride-hailing trips to fund safety and transit improvements. The panel also discussed the CPUC’s evolving data-disclosure decisions, arguing that public access to TNC trip data is important for understanding transportation impacts and informing local policy.
MO
Missouri 2026 Regular Session
2026 Legislative Session - Day Thirty Four - Monday, March 9
Missouri House Floor Meeting
Transcript Highlights:
- It goes through the value of the damage, the value of the copper wire.
- down to a minimum value.
- on existing vehicles as they are now.
- , because now they're using a book value.
- However, they cannot raise values. Yeah.
Summary:
The House convened with prayer, the Pledge of Allegiance, approval of the House Journal by a 121-0 vote, and a brief suspension of business for the Speaker to sign HB 2014. Members also observed a moment of silence for Butler County Fire Protection District Sergeant Commander Jatin Warren, who died in the line of duty, and the chamber introduced several guest groups, including Missouri Council on Aging representatives and county clerks. A resolution was also presented honoring former state representative K. H. Steinmetz for her 18 years of service in the Missouri House.
The House then received committee reports recommending passage of HB 2934, HB 1800, and HB 1707. On third reading, HB 2974 passed 136-0 on telehealth and licensure reciprocity; HB 2934 passed 121-24 on consolidating St. Louis convention center governance; HB 2057 passed 137-10 on entertainment districts for Osage Beach and Chesterfield; the combined HB 1839/2921/3015 passed 120-19 on age verification for harmful online content; HB 1707 passed 149-0 to bar the Department of Revenue from taxing credit card processing fees; HB 2819 passed 145-0 to set rounding rules as the penny is phased out; and HB 2600 passed 148-0 to allow ambulance districts to combine resources for coverage.
HB 1800, which reduces the inflationary growth factor for certain taxing districts from 5% to 3% and adjusts assessment ranges, drew the most extended debate over its effect on schools, fire districts, and taxpayers; it ultimately passed 82-61. Members also perfected HB 2774, which bars state and local governments from restricting equipment sales or use based on fuel source, and HB 2383, a utility infrastructure protection bill adding wired/copper infrastructure to existing critical infrastructure protections and setting penalties for theft or damage; HB 2383 was amended to align with the Senate version and then perfected. Finally, the House began debate on a combined bill package including HB 1664, 1610, 1645, and 2182, which would extend the statute of limitations for child sexual abuse civil claims while also shortening the general personal injury statute of limitations from five years to three; the child sexual abuse provisions drew broad support, while the tort-reform portion prompted sharp disagreement over access to justice versus business certainty.
MO
Transcript Highlights:
- You know, every day older vehicles are being replaced by newer vehicles on the road.
- You know, I was in, uh, Every day older vehicles are being replaced by newer vehicles on the road.
- value, the whole nine yards.
- And so we had to have not only a vehicle there to winch it out, but we had to have a stabilizer vehicle
- to the value of the tow.
Summary:
The House Committee on Transportation heard Senate Bill 1408, which would allow Missouri to raise the rural interstate speed limit from 70 to 75 miles per hour. Senator Berger, the sponsor, argued the change would improve traffic flow and align Missouri with neighboring states, saying modern vehicles and driver behavior make the current limit outdated. Supporters echoed that view, citing the 85th-percentile speed concept, comparisons to surrounding states, and the idea that most drivers already travel above 70. Several members also raised concerns about the fiscal note, enforcement practices, and whether the bill should be tied to engineering studies or limited to specific road segments.
Opponents, including a Haysville police lieutenant, AAA, the Missouri Insurance Coalition, and MoDOT Director Ed Hassinger, warned that higher limits would increase crash severity and fatalities. They cited data from neighboring states that raised limits, saying fatalities rose after the change, and argued Missouri’s higher traffic volumes, terrain, older interstates, and work zones make it different from flatter states. MoDOT said its roads were designed for 70 mph, that speed is a major factor in fatal crashes, and that raising the limit would reduce margin for error and put young drivers, older drivers, and road workers at greater risk. The committee did not take a vote on SB 1408 during the hearing.
The committee then heard House Bill 3447, a towing and recovery bill sponsored by Representative Vernetti. The bill would require large commercial vehicles to carry towing and recovery insurance, strengthen notice and fee rules, create a dispute-resolution process, and update abandoned-vehicle procedures. The sponsor and tow-industry witnesses said the current system leaves towing companies unpaid for expensive recoveries and creates unclear rules, while trucking representatives warned the proposal could raise costs sharply for Missouri carriers and small owner-operators. Testimony focused on whether the bill would fairly address unpaid towing bills without harming the trucking industry, and no final committee action was taken in the transcript.
NM
New Mexico 2026 Regular Session
House - Energy, Environment and Natural Resources Feb 10th, 2026 at 08:32 am
House Energy, Environment & Natural Resources
Transcript Highlights:
- For electric vehicle charging, a virtual power plant could call on electric vehicles that are plugged
- For electric vehicle charging, a virtual power plant could call on electric vehicles that are plugged
- Okay, so you can value property based on the fair market value, you can value property based on income
- So the benefit here is that you're, the value of the property, So the benefit here is that the value
- that facility, often that value is sometimes greater than the depreciated value.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Economic Development and Emerging Technologies May 19th, 2026
Joint Committee on Economic Development and Emerging Technologies
Transcript Highlights:
- electrified vehicles.
- I understand the partnership, and if it's valued, they can stay together.
- I understand the partnership and if it's valued, they can stay together.
- With the emergence of autonomous vehicles, we find ourselves at a crossroads.
- Companies and the dollar value of defense contracts from 2000 to 2020.
Summary:
The committee held a hearing on Governor Healey’s economic development proposal, H.5386, the Mass Winds Act, with the governor and administration officials describing it as a follow-on to the 2024 Mass Leads Act. They said the bill is intended to help Massachusetts compete globally for capital, talent, and companies by creating a Global Mass initiative, including a proposed $50 million innovation access fund and $20 million for site development to help international firms locate or expand here. The administration also highlighted about $305 million in new bond authorizations, plus operating proposals such as lowering the LLC filing fee, expanding the small business energy tax exemption, funding internship incentives, and supporting downtown revitalization and the creative economy.
Committee members and witnesses focused on several policy areas within the bill. On talent, Northeastern University supported the internship tax credit, and the Latino Empowerment Advisory Council backed a provision waiving redundant English testing for internationally trained nurses who have already demonstrated proficiency in practice. On labor mobility, the governor defended changes to the non-compete law as closing a loophole, while attorney Russell Beck opposed the revisions, arguing they would upset the 2018 compromise and could reduce employer-provided compensation. Municipal and housing witnesses supported codifying site plan review and broader zoning reforms, while others urged attention to affordable housing, tiny homes, and commercial-to-residential conversions.
Local officials and municipal groups generally supported the bill’s downtown, arts, and planning provisions but asked for more detail on implementation and infrastructure, especially around energy, water, and data centers. The Massachusetts Municipal Association said the bill’s standardized site plan review and downtown investments could help communities, but stressed the need for close state-municipal partnership. The AFL-CIO asked for trigger language to preserve labor rights if federal protections weaken. The Secretary of the Commonwealth’s office opposed the LLC fee reduction, warning of significant revenue loss and possible fraud concerns. No votes were taken; the hearing was informational, with the committee accepting written testimony afterward.
PA
Pennsylvania 2025-2026 Regular Session
Senate Session (Jun 30 2026)
Pennsylvania Senate Floor Meeting
Transcript Highlights:
- , and software-based vehicle features.
- Senate Bill 1182 is a needed step forward to modernizing our Board of Vehicles Act for today's vehicle
- And what we are saying to them is that we don't value them.
- value them enough to increase.
- We don't value the work that they do.