Video & Transcript Research : 'Inflation'

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FL

Florida 2026 Regular Session

Appropriations Jun 1st, 2026

Appropriations

Transcript Highlights:
  • the $250,000 super exemption and the $50,000 new homesteader exemptions are increased annually for inflation
  • Are we going to be establishing a COLA or inflation adjustment for the new homestead exemption?
  • Are we going to be establishing a COLA or inflation adjustment for the new homestead exemption, and then
  • limit the property tax increase to the annual inflation rate for primary residences?
  • we have captured the value of property increases over the years, and that is how we have paid for inflation
Summary: The Committee on Appropriations took up SJR 2-F, the proposed constitutional amendment on property tax relief, which would reduce assessment growth on non-homestead property, expand homestead exemptions, create a new exemption for new homesteaders, and direct counties, cities, and school districts to use property tax revenues for specified core services. Senator Avila presented the measure as the governor’s plan to provide historic relief and argued that local governments should tighten budgets and prioritize core functions. Senators raised concerns about the lack of fiscal scoring, the breadth and ambiguity of the permitted uses, the effect on special districts and local services, and whether the proposal would shift costs to fees or other taxes. The committee adopted several amendments, including Avila’s amendment clarifying that ad valorem revenues could be used for county and municipal operations and administration and other expenditures not prohibited by law, and Trumbull’s amendment removing school board ad valorem taxes from the proposal. Other amendments failed, including proposals to allow user fees and non-ad valorem assessments, add a sunset, redirect tourism development taxes, narrow the small-business provision, and change the ballot title to reference local service reductions. Grall’s amendment removing the constitutional trust fund requirement was adopted, while the committee also rejected Berman’s title-change amendment and Smith’s sunset and tourism-tax amendments. The committee then returned to the bill as amended for questions, including extended debate over whether the proposal would affect noncitizen residents, the impact on local government finances, and whether local governments would respond with higher fees or special assessments. The meeting ended with the bill still under discussion after the final round of questions, with Avila saying he would continue working with the governor’s office on the language before the next vote.
MN

Minnesota 2025-2026 Regular Session

House Human Services Finance and Policy Committee 3/24/26

Human Services Finance and Policy

Transcript Highlights:
  • an organization eligible to recover attorney's fees to 13.5 million, which accounts for the CPI inflation
  • 30.360> CPI 13.5 million, which accounts for the CPI 13.5 million, which accounts for the CPI inflation
  • 32.080> last<00:10:32.440> time<00:10:32.640> this<00:10:32.800> value inflation
  • since the last time this value inflation since the last time this value was<00:10:33.320> revised
  • I know you said it's based on inflation from $7 million to $13.5 million.
MN

Minnesota 2025-2026 Regular Session

Legislative Budget Office Oversight Commission 1/22/26

Minnesota House Floor Meeting

Transcript Highlights:
  • Are there usually, um, different, you know, if inflation is different, you know, if inflation is 5% instead
  • know<00:42:42.720> if<00:42:43.839> uh<00:42:44.000> if<00:42:44.400> inflation
  • <00:42:45.200> is different you know if uh if inflation is different you know if uh if inflation
Keywords: 919, house, all
Summary: The Legislative Budget Office Oversight Commission met on January 22, 2026, with a quorum present and approved the minutes from the December 17, 2025 meeting. The main presentation was by Erikica McKeler of the National Conference of State Legislatures on dynamic fiscal notes, dynamic scoring, and how they differ from static fiscal notes. She explained that dynamic analysis tries to capture broader economic and behavioral effects of policy changes, but that most states have experimented with it only briefly, often for tax bills, and many have later scaled back or abandoned the practice because it is staff-intensive, expensive, and difficult to validate. McKeler highlighted examples from Texas, Utah, and Arkansas. Texas requires dynamic fiscal impact statements for certain large tax or fee measures and for the biennial appropriations bill; Utah has done such analyses on request during the interim but only when staff time allows; and Arkansas recently began producing dynamic fiscal notes with thresholds and request limits. She noted that these states generally use REMI software, though Utah switched to IMPLAN for cost reasons. She also outlined common challenges, including the need for strong staff expertise, the sensitivity of results to assumptions, the expense of software licenses, and the difficulty of measuring accuracy over time. Members then discussed whether dynamic scoring could be useful for health and human services programs where a policy may shift costs between settings rather than create a simple new expense. Senator Marty raised a Medicaid example involving home-based blue light therapy for newborns, arguing that dynamic analysis might better capture potential savings from avoiding longer hospital stays. Legislative Budget Office and Minnesota Management and Budget staff responded that such effects may be better understood as direct program substitutions rather than true dynamic effects, and emphasized the need for reliable data and caution because savings estimates could reduce appropriations if they do not materialize. The discussion also touched on whether dynamic models would capture local government impacts, but no formal action was taken beyond the approval of minutes and receipt of the presentation.
HI

Hawaii 2025 Regular Session

EDT-WTL, EDT-AEN, EDT Public Hearings 03-18-2025

Economic Development and Tourism

Transcript Highlights:
  • Or since you guys also are part of the DMAP, and we have been tracking cost increases in terms of inflation
  • Or since you guys also are part of the DMAP, and we have been tracking cost increases in terms of inflation
  • general in increasing cost um just in general in terms<00:36:39.240> of<00:36:39.680> inflation
  • <00:36:40.200> itself<00:36:40.560> has<00:36:40.680> already terms of inflation
  • itself has already terms of inflation itself has already put<00:36:41.160> us<00:36:41.400>
Keywords: 912, senate, all
Summary: The Senate Committee on Economic Development and Tourism and on Water and Land heard testimony on HB 504, a measure relating to environmental stewardship and funding for natural resource protection and restoration. Supporters included multiple state agencies and advocacy groups, such as DLNR, HTA, Hawaiʻi Ocean Legislative Task Force, Resources Legacy Fund, the Hawaiʻi Climate Action Coalition, and others, who said the bill would create dedicated funding for environmental, climate, and cultural resource needs and help address wildfire, flood, coastal storm, and tourism-related impacts. Several witnesses emphasized that Hawaiʻi’s environmental funding gap is large and that visitor contributions should be directed to stewardship and restoration. Some supporters also urged that the measure be applied equitably across all visitor accommodations and related uses, including cruise ship cabins and state rooms, while a few suggested amendments to broaden coverage or create a working group for implementation. Opposition and concerns focused largely on the bill’s tax structure and legal/administrative issues. The Department of Budget and Finance and the Tax Foundation questioned the reimbursable general obligation bond special fund in part two, suggesting it be converted to a regular special fund or deleted. The Attorney General’s office said part two may violate the single-subject rule in the state constitution and recommended deleting it. The Department of Taxation said the proposed points-and-miles language would be difficult to audit and enforce, and Expedia and others said the proposed tax treatment of loyalty points and certain payment forms would be operationally difficult. Industry witnesses also warned the bill could raise costs in a high-tax destination and asked for more marketing support if the tax is increased. The committee also heard concerns that a new tax on cruise ship cabins could raise federal preemption issues. The chair noted the testimony count as 23 in support, 179 in opposition, and one with comments. No vote was taken in the portion provided, and the hearing ended with questions from senators and agency responses about possible amendments, enforcement, and constitutional concerns.
MN

Minnesota 2025-2026 Regular Session

Agriculture, Veterans, Broadband and Rural Development - Subcommittee on Veterans - 02/10/25

Agriculture, Veterans, Broadband, and Rural Development - Subcommittee on Veterans

Transcript Highlights:
  • a decade as long as we could, and then we had to move forward with that just due to the cost of inflation
  • a decade as long as we could, and then we had to move forward with that just due to the cost of inflation
  • a decade as long as we could, and then we had to move forward with that just due to the cost of inflation
  • a decade as long as we could, and then we had to move forward with that just due to the cost of inflation
  • a decade as long as we could, and then we had to move forward with that just due to the cost of inflation
Keywords: 1187, senate, all
HI

Hawaii 2025 Regular Session

JDC Public Hearing 01-28-2025

Judiciary

Transcript Highlights:
  • classes $90,000 for simplicity and to reflect the fact that housing prices have risen much faster than inflation
  • 01:09:10.319> much<01:09:10.600> faster<01:09:10.960> than<01:09:11.120> inflation
  • <01:09:11.679> overall risen much faster than inflation overall risen much faster than inflation
  • So up it some more because of inflation, because you don't want people to try to avoid jury duty if you
Keywords: 912, senate, all
Summary: The committee heard testimony on several Judiciary-related measures. SB 94 would increase the mandatory minimum jail term for a first knowing or intentional violation of a temporary restraining order from 48 to 72 hours. The Office of the Public Defender and the Hawaii State Coalition Against Domestic Violence opposed the bill, arguing the current penalty is effective, the measure treats very different conduct the same, and the mental health assessment language is unclear and could be harmful or misapplied. Some other testifiers were listed in support or opposition, but no vote was taken. SB 15 would raise the real property exemption amount for attachment or execution. The Hawaiʻi Financial Services Association offered comments rather than opposition, suggesting the bill should be clarified as applying to creditor claims rather than property taxes and possibly limited to a primary residence, with restrictions on frequency of use. Committee discussion focused on how the exemption would affect unsecured creditors, the role of recorded mortgages and judgment liens, and whether the bill should instead establish a clearer homestead-style exemption. The bill drew both support and comments, with no action taken during the hearing. The committee also took testimony on SB 117, which would protect people making sexual misconduct claims from defamation suits unless made with malice; SB 121, a constitutional amendment to give the Senate more time to confirm judicial appointments; SB 14, a reapportionment amendment tied to the decennial census and resident population; SB 175, which would raise the mandatory retirement age for judges and justices from 70 to 75; SB 173, creating a three-year pilot program for free child care for minor children of parties and witnesses attending First Circuit court hearings; and SB 261, increasing juror pay from $30 to $50 per day. Testimony on these measures was generally supportive in the case of SB 175, SB 173, and SB 261, with some opposition on SB 14 and SB 117. On SB 173 and SB 261, committee members asked questions about practical implementation, and on SB 261 the State Bar Association said the increase was overdue and intended to encourage jury participation.
CO

Colorado 2026 Regular Session

Colorado Senate 2026 Legislative Day 092 Apr 15th, 2026

Colorado Senate Floor Meeting

Transcript Highlights:
  • We've never kept up with inflation.
  • That is effectively at least a 5% cut because we didn't even keep up with inflation.
  • Over the course of the last 10 years, we have not kept up with inflation, and our providers have seen
  • We've never kept up with inflation. We've never kept up with inflation.
  • didn't even keep up with inflation. didn't even keep up with inflation.
Keywords: 981, all
Summary: The Senate convened with a quorum, approved the journal, and received several committee reports. The Finance Committee reported Senate Bills 155, 49, and 116 with amendments and favorable referral to Appropriations, and House Bill 1188 favorably to Appropriations. The Business, Labor, and Technology Committee reported House Bill 1110 with amendments and a favorable recommendation to the Committee of the Whole, placed on the Consent Calendar, and also recommended confirmation of several appointments, including members of the State Plumbing Board, State Electrical Board, and Workers’ Compensation Cost Containment Board. The chamber then proceeded out of order for personal privileges and a resolution honoring Alpha Kappa Alpha Sorority, Inc., including recognition of visiting members and students participating in its Capitol Day. The Senate next took up House Joint Resolution 1027 concerning remembrance of the Holocaust. The resolution emphasized the history of the Holocaust, rising anti-Semitic incidents, the importance of Holocaust and genocide education, and the need to confront hate and otherization. Senators Weissman and Ball spoke in support, stressing the dangers of hateful rhetoric, the need for vigilance and compassion, and the importance of learning from history. HJR 1027 passed unanimously by roll call, 35-0, and the roll call was listed as co-sponsors. Announcements followed recognizing the Sikh community’s Vaisakhi observance and a langar lunch at the Capitol, along with a proclamation for Sikh Awareness Appreciation Month. There were also notices about a Republican caucus, a Legal Services Committee meeting on Senate Bill 2683 and a litigation update, and a brief personal privilege remark about tax day and agriculture. The Senate then recessed until 10:30 a.m., later raised the call, and moved into special orders for second reading of a large group of House bills on the Consent Calendar.
HI
Transcript Highlights:
  • Inflation is crazy right now.
  • Inflation is crazy right now.
  • Inflation is crazy right now.
  • Inflation is crazy right now.
  • Inflation is crazy right now.
Keywords: 910, house, all
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on the Judiciary Jun 21st, 2026 at 01:00 pm

Joint Committee on the Judiciary

Transcript Highlights:
  • So what we need and would like to see is an increase in the fees because of inflation and cost of living
  • that time period so what we need and would like to see is the increase in the fees because just inflation
Keywords: 995, all
Summary: The Joint Committee on the Judiciary held a hearing on bills in the Civil Actions 2 and Court Administration areas, with testimony spanning judicial security, judicial compensation, civil process fees, bar advocate compensation, interstate discovery, defamation protections for sexual assault survivors, and related criminal procedure changes. Chairs Edwards and Day opened with housekeeping rules on testimony limits and written submissions, then called witnesses on each bill in turn. On H. 1766, judicial officers and the Massachusetts Bar Association strongly supported a judicial security bill that would protect judges’ personal information, citing threats, online harassment, swatting, and violence against judges and their families. On H. 1819, judges and the Massachusetts Judges Conference asked for higher compensation, saying Massachusetts judges rank low nationally after cost-of-living adjustment and that pay affects recruitment and retention. The committee also heard support for H. 1582/S. 1183 to raise civil process service fees, with sheriffs saying the fees have been unchanged since 2003 and are needed to cover rising costs, safety equipment, and operations funded by those fees. The committee heard from prosecutors on H. 1604 and H. 1846, which would give district courts concurrent jurisdiction over certain school-threat and leaving-the-scene offenses, allowing prosecutors to handle less serious or panic-driven cases more efficiently while preserving mandatory penalties. CPCS and bar advocates supported H. 1876 on bar advocate compensation, describing a continuing shortage and crisis in indigent defense despite recent pay increases and staffing investments. The Boston Bar Association supported H. 1857, a Massachusetts version of the Interstate Depositions and Discovery Act, saying it would simplify out-of-state discovery and reduce cost and delay. A large portion of the hearing focused on H. 1974/S. 1143, which would protect survivors of sexual assault and harassment from retaliatory defamation suits unless the plaintiff proves actual malice, and would allow fee shifting and damages against abusive suits. Survivors, advocates, and attorneys described threats, legal costs, and chilling effects that silence reporting, while supporters said the bill would protect truthful speech and improve access to counsel. The committee also heard insurance-industry testimony on S. 1101, which would change personal injury protection payment rules to require insurers to tender disputed amounts within 30 days to avoid attorney’s fees; insurers said the bill would curb a growing volume of provider lawsuits and reduce abuse of the no-fault system. No votes were taken during the hearing, and the chair closed after all scheduled testimony was complete.
CA

California 2025-2026 Regular Session

Senate Floor Session Jun 15th, 2026

California Senate Floor Meeting

Transcript Highlights:
  • That per-person number increasing from about $3,300 to today's $6,300, and during that time, inflation
  • In the last 25 years, to use population as an indicator and not use inflation is ridiculous.
Keywords: 987, senate, all
Summary: The Senate opened with roll call, prayer, and the Pledge of Allegiance, then approved the Senate journals and adopted floor amendments. Members voted on motions to advance Budget and Fiscal Review Committee measures and to suspend Joint Rule 62A so the budget committee could hear budget-related bills with shortened notice; both motions passed by roll call. The chamber then moved through the Daily File, including several second-reading bills and gubernatorial appointments. Three appointments were confirmed: Julie Lee and Ann Patterson to the Delta Stewardship Council, and Santa Cruz County Sheriff Christopher Clark to the Board of State and Community Corrections. Senators also took up Senate Joint Resolution 17, which urges Congress and the President to clarify that states may extend burial and memorial benefits in state veterans’ cemeteries to Republic of Korea veterans who served alongside U.S. troops in Vietnam; the resolution passed unanimously. The Senate then considered AB 109, the Budget Act of 2026, with extensive debate on the state’s fiscal condition and major budget priorities. Supporters said the budget is balanced, maintains reserves, reduces the structural deficit, and protects funding for child care, Medi-Cal, distressed hospitals, in-home supportive services, housing, higher education, and transit. Opponents argued it relies on future tax increases, leaves a structural deficit, and does not adequately address affordability, public safety, or repayment of unemployment insurance debt. After debate, AB 109 passed 28-9, and the chamber later approved the consent calendar items 81 through 86. The session ended with adjournments in memory of Honorable Hajan Lee, Doris Fisher, and James Leslie Barbie. The Senate announced its next floor session would be Thursday, June 18, 2026, at 9 a.m.
AR

Arkansas 2026 1st Special Session

ARKANSAS LEGISLATIVE COUNCIL (ALC) Mar 20th, 2026

ARKANSAS LEGISLATIVE COUNCIL (ALC)

Transcript Highlights:
  • But overall, can I ask you, what do you think the inflation rate is in Arkansas at this point?
  • It might have an impact on inflation, right? Because that's going to increase.
Keywords: 1204, all
FL

Florida 2026 5th Special Session

Judiciary Jan 27th, 2026

Transcript Highlights:
  • monetary thresholds for estates eligible for expedited processes that have not been adjusted for inflation
  • Expedited processes that have not been adjusted for inflation or other economic conditions, procedural
Summary: The Judiciary Committee met and took up a series of bills, beginning with SB 620, which would require candidates for federal, state, county, district, judicial, and school board offices to disclose any citizenship in countries other than the United States. The bill was presented as a transparency measure, with one opponent waiving time, and it was reported favorably on an 8-0 vote. The committee then heard SB 1396 on litigation financing consumer protection. Supporters from the Florida Justice Reform Institute, American Tort Reform Association, and U.S. Chamber Institute for Legal Reform argued the bill would add transparency, limit funder control, and require disclosure of foreign entities involved in litigation funding. Opponents, including the Florida Justice Association, argued the bill would create strategic advantages for defendants and could affect discovery and settlement dynamics. The bill passed 7-2. The committee also approved SB 192, removing a $1,500 cap on patient funds chiropractors may hold in trust; SB 888, limiting indemnity and insurance requirements in design-professional contracts; CS/SB 332, creating a temporary closed-meeting exemption for pre-suit Burt Harris litigation strategy discussions; SB 820, requiring quarterly reporting on problem-solving courts; SB 1500, updating uncontested probate procedures; SB 1224, making fraudulent entry into rental dwellings a third-degree felony; and SB 1000, setting a floor and ceiling for interest rates on law firm trust accounts. Each of these bills was reported favorably, with broad support and little or no opposition. The committee also advanced CS/SB 694, which would compensate the descendants of the Groveland Four. Senator Bracey Davis described the bill as a final step in addressing the wrongful convictions, deaths, and long-term harm suffered by Charles Greenlee, Walter Irvin, Samuel Shepard, and Ernest Thomas. Family members and advocacy groups testified in support, urging the state to complete its acknowledgment of wrongdoing with monetary compensation. An amendment was adopted to divide any appropriation equally among the four families. The bill passed unanimously. Finally, SB 144 creating a public records exemption for personal information of Judicial Qualifications Commission employees and their families was approved 9-1. Several members also requested to be recorded as voting in the affirmative on specific bills before the committee adjourned.
FL

Florida 2026 Regular Session

Judiciary Jan 27th, 2026

Judiciary

Transcript Highlights:
  • monetary thresholds for estates eligible for expedited processes that have not been adjusted for inflation
  • economic conditions, procedural barriers... ...expedited processes that have not been adjusted for inflation
Summary: The Senate Judiciary Committee met with a quorum present and first postponed SB 532. It then heard and approved SB 620, which requires candidates for federal, state, county, district, judicial, and school board office to disclose any citizenship other than U.S. citizenship. The bill drew one waiver in opposition from Common Cause and passed 8-0. The committee also heard SB 1396 on litigation financing consumer protection. Supporters said it would add transparency, limit funder control over litigation, and require disclosure of foreign entities involved in funding; opponents argued it would create strategic advantages for defendants and could burden plaintiffs. The bill passed 7-2. The committee later approved SB 192, repealing a $1,500 cap on patient funds held in trust by chiropractic physicians, and SB 888, extending limits on indemnity and insurance requirements for design professionals in private contracts; both passed unanimously among those voting. The committee also approved several Judiciary-related measures. CS/SB 332, as amended, creates a narrow temporary public meetings/public records exemption for certain pre-suit Burt Harris litigation strategy discussions by local governments, and passed 7-0. SB 820, which strengthens quarterly reporting requirements for problem-solving courts, passed 10-0. SB 1500, implementing probate process recommendations to raise small-estate thresholds, clarify access to safe deposit boxes, and improve enforcement in uncontested probate, also passed 10-0. SB 144, creating a public records exemption for personal information of current and former Judicial Qualifications Commission employees and their families due to harassment concerns, passed 9-1. The committee then approved CS/SB 1224, as amended, making it a third-degree felony to fraudulently obtain possession of a rental unit through false written statements, counterfeit documents, or impersonation; the bill passed 10-0. SB 1000, setting a floor and ceiling for interest rates on law firm trust accounts tied to the Wall Street Journal prime rate, passed 10-0 after testimony from banking and credit union representatives and support from Senate leadership. Finally, CS/SB 694, providing compensation to the descendants of the Groveland Four, was heard with emotional testimony from family members and advocates describing the wrongful convictions, killings, and decades-long effort for redress; an amendment specified equal shares for the four families, and the bill passed 10-0. Several members requested to be recorded as voting in the affirmative on specific bills before the committee adjourned.
FL
Transcript Highlights:
  • Armstrong mentioned, all of a sudden we had this inflation and everything got more expensive.
  • Armstrong mentioned, all of a sudden we had this inflation and everything got more expensive.
Summary: The Appropriations Committee on Agriculture, Environment, and General Government heard budget presentations from the Northwest Florida, Suwannee River, St. Johns River, Southwest Florida, and South Florida water management districts for FY 2026-2027. Each district described its preliminary budget, major funding sources, staffing levels, and priorities within the four core missions of water supply, water quality, natural systems, and flood protection. Common themes included reduced budgets from the prior year due to completion of major projects, continued reliance on state appropriations and ad valorem revenue, rising construction and maintenance costs, and the need to maintain aging infrastructure while advancing alternative water supply, springs restoration, flood control, and land management projects. Committee members repeatedly asked how much of each district’s budget and personnel were devoted to the core missions, how maintenance and operating projections were developed, and how projects were selected. The districts generally said most spending was tied to core responsibilities, with administrative overhead relatively small, and explained that budgets are built through a mix of staff analysis, governing board direction, strategic basin planning, and cooperative funding with local, state, and federal partners. Several districts highlighted specific projects, including Water First North Florida, Black Creek, Taylor Creek Reservoir improvements, Crane Creek, Everglades restoration, and various springs and watershed projects. The districts also noted challenges from hurricanes, inflation, cybersecurity, and aging water control structures. South Florida Water Management District’s presentation focused on Everglades restoration and the large-scale infrastructure needed to move, store, and clean water in South Florida. The director said the district’s $1.05 billion preliminary budget is largely for flood control, water supply, ecosystem restoration, and maintenance of extensive canals, levees, pumps, and reservoirs, and emphasized that recent restoration investments are producing measurable water quality and salinity improvements. No votes were taken on the district budgets, and the committee adjourned after the presentations and questions.
FL

Florida 2025 Regular Session

December 2, 2025 - 01:00 PM

Transcript Highlights:
  • WE ARE SEEING A 2 TO 4 PERCENT ANNUAL INFLATION INCREASE ON THE POLICIES YEAR BY YEAR, TRADITIONAL POLICIES
  • YOU CAN IMAGINE AFTER 13 YEARS OF INFLATION IN THE HEALTHCARE INDUSTRY WE HAD TO TELL THAT MANAGED CARE
TX

Texas 89th Regular

Texas Ethics Commission Jun 12th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • The last proposed rule for publication is the law requires the Commission to adjust for inflation all
  • We're proposing an inflation adjustment as...
TX
Transcript Highlights:
  • districts, House Bill 396 inadvertently created a costly loophole that allowed vendors to apply inflated
  • tide while still granting districts some local control, especially since districts have been facing inflation
MN

Minnesota 2025-2026 Regular Session

Hied Committee Meeting - 2025-04-21

Higher Education Finance and Policy

Transcript Highlights:
  • While I say that, I want to reflect that in the last two years, when Democrats included inflation back
  • happy they're not being cut, but in fact, not getting an increase is a cut because we know that inflation
Bills: HF2312