Transcript Highlights:

• Have you had any issues with capital outlay?
• A few years ago, we received a capital outlay for $750,000.
• The other capital outlay projects go through the Navajo Nation.
• Made a comment about the capital outlay request.
• Were you talking about the capital outlay request already?

Transcript Highlights:

• cover a range of capital expenses.
• <00:41:14.360> these surplus in in these, um, capital these surplus in in these, um, capital
• these operating<00:41:14.960> capital<00:41:15.360> revenue<00:41:15.720> accounts,
• operating capital revenue accounts, operating capital revenue accounts, um,<00:41:17.840> that
• for operating capital is about $236 $236 million.

Keywords: 1187, senate, all

Transcript Highlights:

• <00:16:18.280> gains uh things like a capital gains uh things like a capital gains exemption
• gains tax deduction I think the capital gains tax deduction on<00:20:57.240> the<00:20:57.360
• the capital gains tax. tax. tax.
• <00:21:24.880> gains<00:21:25.160> tax to a reduction in the capital gains tax to a
• gains or do some other things capital gains or do some other things and<00:57:35.960> they<00

Keywords: 1187, senate, all

Transcript Highlights:

• That's without capital. With capital, it's closer to 70,000.
• Number two: I. do the capital improvement planning processes.
• So I do their capital improvement plans. I do their. capital outlay requests.
• It's 1,500 is the minimum in Delaware.
• Anyhow, the visitor centers need capital outlay.

Transcript Highlights:

• We do keep budget increases to a minimum, and our budget request for fiscal year 2027 is only slightly
• We're estimating that it will cost a minimum of around $25,000 to upgrade our license system.
• <00:09:28.320> of<00:09:28.480> around likely will cost a minimum of around likely
• will cost a minimum of around $25,000<00:09:30.160> to<00:09:30.480> upgrade<00:09:31.200
• :53.760> expenditure capital remains our largest expenditure capital remains our largest expenditure

Keywords: Appropriations - Room 216, 22 January, 2026; 8:00 AM, 925, all

Summary: The hearing began with the State Board of Architecture’s budget presentation. The executive director described the board’s mission to regulate architecture, landscape architecture, and certified interior design to protect public health and safety. He highlighted the board’s consolidated structure, license totals, high reciprocity rate, recent rule changes to reduce barriers to practice, and a proposed FY 2027 budget of $368,123, which included a 5% staff salary increase and higher operating costs. He also noted a newly identified need to modernize the licensing system, estimated at at least $25,000, and asked that the board not be reduced below the requested level. A board member also praised the small staff’s responsiveness and effectiveness. The State Board of Public Accountancy then presented its budget and policy requests. The executive director said the board regulates CPAs and CPA firms, oversees the CPA exam process, and has about 3,600 active individual licensees and 800 firms. The board requested only a 3% compensation increase for staff, plus a special request to allow an audit supervisor to repay the cost of a Becker review course through payroll deduction as part of succession planning. She also described a board-approved waiver program that began January 1, eliminating application fees for CPA exam candidates and retakes; 42 candidates had used the waiver in the first two weeks. In response to questions, she said the board does not assist CPAs with IRS disputes, but it does investigate complaints from the IRS, SEC, PCAOB, or others. Finally, a representative presented for the Board of Licensed Professional Counselors. She explained that the board regulates licensed counselors and psychotherapy providers, meets frequently, and has two staff members. The board’s main request was for additional investigative capacity: a full-time investigator and related funding, because complaints are currently handled by part-time investigators, contractors, and sometimes board members, which can require recusals from hearings. She said the state auditor had recently flagged complaint backlogs at regulatory agencies, supporting the request. The board also sought funding for a contractual administrative position, salary progressions, and a one-time technology increase to modify its new licensing system for the counseling compact and better search functions. Members questioned the board about its large cash balance, which was reported at about $860,000, and whether it should provide fee relief or other benefits to members; the presenter said the board would look into that and noted that revenues had increased significantly in recent years, partly due to out-of-state and telehealth-related licensing demand.

Transcript Highlights:

• And that we have provided to the capital tours.
• We would have had to suspend our key programs, such as the capital field trip art grants, which we're
• I imagine that there will be an increase in demand for tours of the capital.
• Right now, we call it a Capital Tours Manager because they're not doing much education.
• If you bought a course like that from a third-party vendor, at a minimum, you would pay $275 per.

Keywords: 914, all

Transcript Highlights:

• One of the mandates of the law was to establish the minimum standards.
• When we say minimum standards, what is the baseline acceptable standard for us to build on?
• Members with the capital that they have and say, is project A something that we should do?
• On page 6 is our capital improvements that are underway.
• Keep all of our capital projects moving quickly.

Transcript Highlights:

• Additionally, we also specify uh minimum Additionally, we also specify uh minimum required<00:14
• bus uh to estimate uh onetime capital bus uh to estimate uh onetime capital savings.
• So capital capital<00:40:13.839> buildout<00:40:14.320> would<00:40:14.560> be<00
• But just a note on the capital piece.
• interesting idea about is capital interesting idea about is capital included<00:53:54.640> in

Keywords: 919, house, all

Summary: The committee heard a Met Council report from Charles Carlson on high-subsidy transit route analysis required by the transportation bill. Carlson explained that the study uses per-passenger operating subsidy, compares routes by type and service day, and is intended to help providers improve cost-effectiveness while recognizing transit’s importance for access, affordability, safety, and the region’s economy. He noted that routes more than 60% above peer averages are considered the highest-subsidy tier, and that the report also estimates the cost of Metro Mobility associated with those routes. Members asked several questions about why contracted service can cost less than directly operated service, whether contracting affects wages, union membership, or service quality, and why the Met Council targets about 20% of regular route service for contracting. Carlson said contracted service can be cheaper because of lower overhead and other market factors, that the council sets minimum wage and service-quality requirements in contracts, and that customers should not notice a quality difference. He also said the 20% target is meant to balance cost-effective service, geography, and a mix of providers, and that some routes may become more cost-effective with more frequent service depending on local demand. Carlson reported that in 2024, 206 of 264 routes met guidelines, 16 were in the lowest intervention tier, 14 in the middle tier, and 28 were in the highest-subsidy tier. He said the regional share of high-subsidy service was about 4.1%, but the share varied widely by provider, with some at 0% and others much higher. He estimated that discontinuing the highest-subsidy routes would save about $23 million annually and up to $72 million in capital costs. For Metro Mobility, he said the cost associated with trips tied to high-subsidy routes rose from about $368,000 in 2023 to about $6.1 million in 2024, largely because the mix of routes triggering federally mandated paratransit service changed, especially in the Shakopee area.

Transcript Highlights:

• In a medium-security setting, not in the minimum.
• We have underutilized our minimum facilities.
• Are you overclassified to maximum or minimum?
• And then we see that the minimums are the lowest capacity.
• So there's factors into why their minimums are lower.

Keywords: 995, all

Summary: The commission on correctional consolidation and collaboration heard testimony focused on how Massachusetts uses custody levels, staffing, programming, and medical release tools, with Prisoners’ Legal Services arguing that the system is overusing expensive high-security settings and underusing step-down options. Dave Rainey said the incarcerated population has dropped substantially over the last several years, but spending and staffing have not fallen in proportion. He argued that DOC overclassifies people into medium and maximum security, relies too heavily on behavioral assessment units that function like segregation, and keeps people in restrictive settings such as Souza-Baranowski and Shattuck Hospital longer than necessary. He also said medical parole is underused and that many people with serious chronic illness or advanced age pose little public-safety risk and should be released through existing legal pathways. Sheriffs and other commission members pushed back on some of those points, emphasizing that staffing needs are driven by the acuity of the current population, that corrections is not overstaffed, and that classification decisions involve serious public-safety judgments. They also stressed that some high-cost medical placements are necessary because people remain under sentence and require care, and that furloughs and other release tools can create security risks if contraband or substance use is involved. The discussion also covered the role of county sheriffs versus DOC in reentry, with several members saying county systems tend to do more day-to-day step-down and release planning, while DOC has more difficulty moving people through lower-security settings before release. Ben Foreman of MassINC offered a more systemwide, data-focused perspective, praising the state’s transparency and arguing that Massachusetts has made major progress in reducing incarceration and increasing public safety. He said the state still has an opportunity to improve by right-sizing facilities, investing in community-based mental health treatment, and using the commission to better understand the capital and operating costs of the current system. In response to questions, he said he was aware of DOC studies on programs like furlough but had not reviewed recent ones, and he noted that total-control facilities like Souza-Baranowski have long been criticized in the research literature for poor outcomes. Nora Wassel of the Women and Incarceration Project then testified that the commission should issue an interim report and scrutinize the planned new women’s prison, which she said is not justified by current population trends or available data. She argued that women are overclassified under DOC’s own tools, that reentry beds and minimum-security placements are underused, and that the system may be failing to account for women’s distinct medical and reentry needs. The meeting ended with continued discussion of reentry, furloughs, day reporting, and whether consolidation should mean fewer facilities, better step-down pathways, or both.

Transcript Highlights:

• We're the voice of the everyday bicyclist in the state capital, and we work directly with local bike
• are facing big challenges with stagnant ridership that hasn't fully recovered from the pandemic, capital
• are facing big challenges with stagnant ridership that hasn't fully recovered from the pandemic, capital
• And so to that end, this bill would declare in statute that this, operational and capital needs.
• At a minimum, stronger language requiring the reconciliation should be added.

Summary: The Assembly Transportation Committee heard several bills focused on active transportation, transit, road safety, and local enforcement. SB 569 would restrict removal or downgrading of bikeways built with state General Fund dollars for at least 20 years, require public hearings before major changes, and was supported by bicycle advocates and some local and environmental groups. The City of Encinitas opposed the bill, arguing it could limit needed safety fixes and should apply only to future projects; committee members discussed whether the bill still allowed safety-based modifications. The bill passed on a due pass vote to Appropriations. SB 741 would streamline the Low-Carbon Transit Operations Program by reducing administrative burden and giving transit agencies more flexibility to use funds for service improvements, fare programs, and other transit needs while maintaining oversight and disadvantaged community requirements. Transit agencies and advocacy groups supported the measure, saying it would help agencies respond to post-pandemic ridership and financial challenges. The committee approved the bill on a due pass as amended vote to Appropriations. The committee also heard SB 1167, which would tighten consumer protections by clarifying that high-powered e-motos and similar motor vehicles are not e-bikes, requiring clearer disclosures and labels, and improving crash reporting. Supporters said the bill would reduce confusion and improve safety for riders, pedestrians, and parents; the Motorcycle Industry Council opposed unless amended, arguing the term “e-bike” is used broadly and the bill could affect existing businesses. The bill passed to Appropriations. Later, SB 953, dealing with vehicular manslaughter cases dismissed through misdemeanor diversion, would add DMV points so fatal conduct remains reflected on driving records; the bill was supported by the victim’s family and safety advocates and passed to Appropriations. The committee then heard SB 1218, which would let local agencies boot vehicles tied to repeated unpaid illegal dumping citations instead of using DMV enforcement. Oakland officials and community groups supported the bill as a needed deterrent, while the ACLU opposed it as punitive debt collection without a sufficient nexus to the vehicle. The bill passed to Appropriations. Finally, SB 739 would revise the Clean Miles Standard for rideshare companies by allowing CARB and CPUC to adjust electric vehicle mileage targets in light of current market conditions; Uber and Lyft supported the flexibility, while clean air advocates began raising concerns about weakening climate goals as the transcript cut off.

Transcript Highlights:

• It delays contracts, capital planning, and revenue unpredictability.
• It delays contracts, capital planning, and revenue unpredictability.
• It delays contracts, capital planning, and revenue unpredictability.
• It delays contracts, capital planning, and revenue unpredictability.
• Contracts, capital planning, and revenue unpredictability.

Keywords: Meeting Start 00:00:00 Roll Call 00:00:10 SB 11 Discussion 00:01:20 SB 11 Vote 00:05:00 SB 41 Discussion 00:5:43 SB 41 Vote 00:15:03 SB 59 Discussion 00:20:30 SB 59 Vote 00:28:15 SB 57 Discussion 00:29:40 SB 57 Vote 00:40:00 SB 125 Discussion 00:42:43 SB 125 Vote 00:50:53 SB 191 Discussion 00:53:19 SB 191 Vote 00:59:38, 958, all

Summary: The committee first took up Senate Bill 11, a proposal to create a matching-grant program for neighborhood storm shelters in rural Kentucky. Sponsor Steve Meredith and supporters from the Kentucky League of Cities and the City of Morgantown said the idea was to use FEMA-style funding to help residents who live far from community shelters, noting that in some rural counties it can take 30 to 45 minutes to reach a shelter during severe weather. The committee adopted the substitute and passed the bill 11-0, with no nay votes. The committee then considered Senate Bill 41, which would require a ballot referendum whenever a taxing entity raises property taxes more than 4 percent, rather than relying on the current petition process. Sponsor Gary Boswell said the bill would give taxpayers more direct control and argued that local governments should simply avoid raising taxes above the threshold. Superintendents from Rockcastle and Casey counties opposed the bill, saying it would weaken local control, add election costs, delay budgets, and make it harder for school districts to keep up with inflation, insurance, transportation, and construction costs. After debate, the committee passed the bill 7-3 with favorable expression. Next, the committee heard Senate Bill 59, which would add criminal penalties to KRS 65.013, the law barring public funds from being used to advocate for or against ballot questions. Sponsor Steve Rawlings said the measure was prompted by reports of school officials using public resources to oppose a 2024 ballot issue and argued the law needs real enforcement to protect taxpayers and election integrity. Members raised concerns about First Amendment issues and the bill’s gray areas, especially for public employees speaking on their own time; Rawlings said the substitute removed volunteer references, allowed balanced issue debates, and clarified that employees acting on their own time and resources would not be prohibited. The committee passed the bill 8-3 with favorable expression. The committee also began hearing Senate Bill 57, as substituted, from Senator Danny Carroll. The bill would create a nuclear-ready site readiness pilot program under the Kentucky Nuclear Energy Development Authority, with up to three projects receiving up to $25 million each to help cover early site permitting and related licensing costs. Carroll, along with witnesses from the UK Center for Applied Energy Research and the Public Service Commission, said the goal is to build a nuclear energy ecosystem in Kentucky, with safeguards including surety bonds, deadlines, and cost-recovery provisions. The discussion was still underway when the transcript ended.

Transcript Highlights:

• So is there any real reason why IST should be a allowed to pretend that their money for their capital
• For charter schools, because they are not not subject to the minimum salary schedule.
• Many districts still pay at that minimum. And it just depends.
• We raise capital through bonding and we have a fund that the SWIFT fund that we can use for accessing
• capital for those subsidies.

Keywords: 1184, house, all

Transcript Highlights:

• by Senator Kleinpeter provides relative to freshwater recreational fish, provides for daily take, minimum
• Senate Bill 111 by Kleinpeter takes the minimum size limit of 12 inches and the daily limit to five on
• black bass, and an eight-inch minimum and daily limit of 25 crappie, also called white perch, on the
• Capital Grounds, public property.
• They pay minimum wage. You know, they are self-funded. What about them?

Bills: HR295, HR296, HR297, HR298, HR299, HR300, HR301, HR302, HR303, HR304, HR305, HR306, HR307, HCR115, HCR116, HCR117, HR286, HR287, HR288, HR290, HR291, HR292, HR293, HR294, SCR61, SCR68, SB121, SB250, SB348, SB444, SB485, HR252, HR253, HCR96, HCR103, HCR108, SB268, SB283, SB414, HCR98, HR179, HR223, HR225, HR274, HCR89, HCR26, HB250, HB265, HB339, HB427, HB445, HB463, HB468, HB606, HB639, HB649, HB665, HB746, HB781, HB853, HB861, HB872, HB886, HB916, HB937, HB1054, HB1068, HB1117, HB1237, HB74, HB108, HB956, HB1085, HB1137, HB75, SB39, SB99, SB111, SB112, SB124, SB134, SB174, SB189, SB190, SB201, SB233, SB236, SB258, SB270, SB273, SB288, SB307, SB313, SB320, SB321, SB325, SB326, SB331, SB339, SB341, SB345, SB346, SB347, SB353, SB357, SB359, SB387, SB393, SB401, SB415, SB419, SB422, SB426, SB435, SB437, SB440, SB451, SB464, SB470, SB487, SB488, SB495, SB504, SB505, SB518, SB523, HR84, HB646, HB998, HB1191, SB78, SB81, SB97, SB100, SB109, SB123, SB125, SB208, SB385, SB479, SB56, SB163, SB197, HB901, HR20, HR74, HR168, HCR65, HCR71, HB284, HB302, HB306, HB341, HB366, HB393, HB458, HB577, HB603, HB605, HB614, HB625, HB733, HB752, HB773, HB798, HB911, HB955, HB996, HB1035, HB1069, HB1113, HB1140, HB1180, HB1240, HB1255, SB82, SB89, HB134, HB258, HB359, HB782, SB29, SB42, SB43, SB149, SB382, SB441

Keywords: Energy Caucus, Louisiana House of Representatives, energy policy, fossil fuels, oil and gas, natural gas, renewable energy, solar, wind power, nuclear power, legislative caucus, industry group, economic development, state legislature, House resolution, energy sector, victims' services, criminal justice, Department of Public Safety and Corrections, Act No. 370

Transcript Highlights:

• Possession of a firearm by a violent felon—let's get rid of that mandatory minimum.
• Well, we don't want a mandatory minimum for that. How about rape of a child under 13?
• Got to get rid of that mandatory minimum.
• Try to get rid of that mandatory minimum. And I've been biting my tongue.
• States do not get to regulate interstate commerce from their own capital.

Keywords: March 05, 2026 - Regular Session, 976, house, all

Transcript Highlights:

• limited to homeowners with the capital limited to homeowners with the capital to<00:27:20.159>
• <01:03:25.839> to stop importing becomes the capital to stop importing becomes the capital
• That's what you're telling us is the minimum 10 years?
• That's what you're telling us is the minimum 10 years?
• <01:33:58.080> 10 telling us is on the the minimum 10 telling us is on the the minimum 10

Bills: HB2284

Keywords: energy assistance, low-income households, electricity costs, Hawaii home energy assistance program, energy efficiency, 910, house, all

Summary: The hearing covered House Bill 2284, which would create the Hawaii Home Energy Assistance Program in the Department of Human Services to help qualifying households pay energy bills and direct the Public Utilities Commission’s public benefits fee administrator to provide information and assistance to recipients. Testimony from the Division of Consumer Advocacy, DHS, and the Public Utilities Commission was in support. A committee member asked about how the program would interact with existing TANF-related energy assistance and whether rules could be adjusted to avoid duplicative benefits; DHS said logistics would need to be worked out and that the agencies would make the rules. The committees noted the bill’s $1.5 million appropriation and moved it forward with amendments, including blanking out amounts and noting them in the committee report. Both committees voted to pass HB 2284 with amendments, with the recommendation adopted. The committee then heard House Bill 2486, relating to plug-in or balcony solar. DCCA, the Climate Change Mitigation and Adaptation Commission, and the Public Utilities Commission stood on prior testimony in support of the bill’s intent. Multiple advocates and organizations, including Carbon Cashback Hawaii, 350 Hawaii, Bright Saver, Sierra Club of Hawaii, and others, testified in support, arguing that plug-in solar would lower electricity bills, expand access for renters and condo residents, and reduce emissions. Several speakers urged the committee to remove or avoid registration, reporting, feed-in tariff, interconnection fee, and other requirements they said would create barriers. Bright Saver testified that the systems are safe and would not back-feed during outages. No vote was taken on HB 2486 during the excerpt. Finally, the committee heard House Bill 1568, which would prohibit the importation or storage of LNG in the state and the construction of related infrastructure. State agencies including the Consumer Advocate, Hawaii State Energy Office, Public Utilities Commission, and Hawaiian Electric opposed the bill, with the Energy Office arguing LNG would perpetuate oil use on Oahu and expose the state to price volatility. Supporters included Life of the Land, Sierra Club of Hawaii, Greenpeace Hawaii, 350 Hawaii, Earthjustice, Our Hawaii, and others, who argued LNG would lock Hawaii into another fossil fuel dependency, create major infrastructure costs and safety risks, and undermine the state’s renewable energy goals. Several testifiers cited climate and affordability concerns and urged the committee to reject LNG. The excerpt ends during testimony on HB 1568, before any committee action or vote is shown.

Transcript Highlights:

• It reduced the notice posting period from 60 to 30 days Number 3 removes the minimum developer fee that
• and then it goes on to say the agency may exercise discretion to reserve more and Then the required minimum
• I'm looking at the agency's discretion to set aside more than the required minimum 15% for home funds
• And so I'm reading that it says that it's one-time capital that might happen through the budgeting process
• Only two projects or only two Companies had projects that hit the minimum spin last year, and that's

Bills: HB1823, HB3031, HB3369, HB3378, HB3429, HB3624, HB3657, HB3880, HB4215, HB4476

Keywords: housing finance, Oklahoma Housing Finance Agency, publication requirements, housing policy, state regulations, HB3369, food truck, food truck fire suppression, mobile food establishment, mobile food preparation vehicle, mobile food vendor, automatic fire extinguishing system, fire suppression, fire extinguisher, Class K extinguisher, NFPA 10, State Fire Marshal, Oklahoma Liquefied Petroleum Gas Administration, Oklahoma Liquefied Petroleum Gas Board, liquefied petroleum gas

Transcript Highlights:

• That credibility attracts private capital, increases competition, lowers cost of capital, and helps deliver
• We really want to set a precedent that the state fire code is the minimum standard.
• We really want to set a precedent that the state fire code is the minimum standard.
• We really want to set a precedent that the state fire code is the minimum standard.
• Most localities will go farther than that, so again, that would be the minimum standard.

Keywords: 1182, all

Transcript Highlights:

• The first is the capital expansion program, which funds expansion of housing and care with supportive
• Assume that's baked into your capitated rate.
• We don't have access to the complexity of the actuarial-style capitated rate analysis.
• So we know the state minimum wage in California right now is $16.50.
• We know that in counties like Siskiyou, they are paid the minimum wage, $16.50.

Summary: The joint Assembly Budget Subcommittee hearing focused first on long-term services and supports for older adults, especially the “forgotten/overlooked middle” who earn too much for Medi-Cal but cannot afford private long-term care. Administration witnesses from DHCS, the Department of Aging, and Social Services described Medicare’s limited long-term care coverage, Medi-Cal’s role, the elimination of the Medi-Cal asset test, and ongoing state studies and listening sessions on financing options. Testimony from advocates and researchers emphasized rising homelessness among older adults, the need for better navigation and coordination across health, aging, housing, and social service systems, and short-term policy steps such as share-of-cost reform, housing stability supports, and protecting home- and community-based services. Members highlighted the need for a coordinated, no-wrong-door approach and asked for the most impactful budget investments to address affordability and homelessness risk. The second major topic was the Community-Based Adult Services (CBAS) program. CDA reported that CBAS helps participants remain in the community, that 304 centers operate statewide serving about 42,000 people, and that demand is stable but access gaps remain in some regions. DHCS explained that a 2024 rate increase authorized by SB 159 became inoperative after Proposition 35, and that a separate 10% rate change on the fee schedule was the result of a DHCS system error; the department said it would not require recoupment, though managed care plans may act under their contracts. CBAS providers and advocates warned that reimbursement rates have not kept pace with costs, that several centers have closed, and that clawbacks could trigger more closures. They requested $74.8 million ongoing General Fund to close part of the rate gap and preserve the program, while members expressed concern about closures and the cost savings of keeping people out of more expensive institutional care. The hearing then moved to In-Home Supportive Services (IHSS) and statewide collective bargaining. CDSS reviewed provider recruitment and retention efforts, including electronic timesheets, direct deposit, and the now-completed IHSS Career Pathways program, which trained more than 59,000 providers. CDSS also summarized its AB 102 workgroup report on statewide versus regional bargaining, saying the final report would be sent to the Legislature soon and that statewide bargaining appeared more viable than regional bargaining, though it would require clear statutory scope and major fiscal changes. The department estimated that each $1 per hour statewide wage increase would cost at least $1.3 billion to $1.5 billion annually. Labor advocates argued that IHSS wages, benefits, and training are too inconsistent across counties and called for statewide bargaining, consumer participation, and ongoing state funding. County representatives supported stronger wages but cautioned that counties need protection from new costs and administrative burdens, and consumer advocates warned that moving bargaining to the state could weaken local consumer control and the program’s consumer-driven structure.

Transcript Highlights:

• So with the Transit and Intercity Rail Capital Program— With the Transit and Intercity Rail Capital Program
• In the TIRCP— In the TIRCP program, it is a competitive capital program, right?
• In the TIRCP program, it is a competitive capital program, right?
• And to what extent this is both an operations and capital— is the capital in this process, both in operations
• and capital, is the capital in this program more directed towards lowering operation and maintenance

Summary: The Budget Subcommittee No. 4 hearing focused on the Greenhouse Gas Reduction Fund (GGRF) and cap-and-trade reauthorization, with members and panelists discussing how to balance climate goals, affordability, and legislative oversight. The chair emphasized the hearing as a broad review of past GGRF spending and future options, while the LAO outlined how GGRF revenues are generated, how variable they have been, and the tradeoffs between continuous appropriations and annual budget control. Two academic panelists, Dr. Kyle Meng and Danny Cullen Ward, argued that cap-and-trade remains an effective climate policy, but stressed that future revenue will depend heavily on market design, allowance allocation, and price levels. They also raised the idea that GGRF could be used more directly for affordability, especially by lowering electricity costs, and for targeted investments in technologies that the market would not otherwise support. Committee members pressed the panelists on where revenues come from, how much has actually been spent, and whether continuous appropriations reduce oversight. CARB staff said more than $33 billion has been generated to date and a little over $11–12 billion has been spent, with the rest committed or in process, and noted that project timelines can be lengthy. Members also asked about ways to lower electricity rates, reduce wildfire-related utility liabilities, and support electrification. The panelists said transportation fuels are the largest source of GGRF revenue, that industrial emitters receive a smaller share of free allowances, and that reducing wildfire liability and investing in grid-scale batteries could help lower costs and speed decarbonization. Public commenters largely urged the Legislature to preserve or expand continuous appropriations for specific climate programs. Speakers supported funding for nature-based solutions, natural and working lands, urban greening, agricultural climate solutions, waste and composting programs, clean transportation, AB 617 community air protection, clean cars, transit, affordable housing near transit, and dairy digesters. Several groups argued these programs are cost-effective, provide public health and affordability benefits, and should receive dedicated shares of GGRF. Others urged reducing free allowances and using more GGRF revenue to directly lower energy costs for households. No votes were taken during the hearing.

Transcript Highlights:

• Chair, Senator Dean Grafiela with capital advocacy here on behalf of Los Angeles County in support of
• Dean Raffield with Capital Advocacy here on behalf of the County of Los Angeles in support of AB 1755
• Yet, we struggle even to meet the minimum wage.
• Yet, we struggle even to meet the minimum wage.
• Dean Raffila with capital advocacy here on behalf of the County of Los Angeles in support of AB 1981.

Keywords: 987, senate, all