Transcript Highlights:

• This is on the AOC analysis.
• They don't have page numbers on these, but I think it's the second page of that analysis.
• These packs will have an impact on those who are ranching and those who have backyard chickens.
• This is not just a humanitarian issue; it is a fiscal impact issue that needs to be addressed.
• Chair, members of the committee, the Department of Health has done analysis on the impacts of climate

Transcript Highlights:

• Any of those decisions related to housing could have a negative impact.
• We will live with the cumulative impacts long after the headlines fade.
• But it's going to have a real impact.
• How does that negatively impact their grazing rights?
• Does this positively or negatively impact?

Keywords: 996, all

Transcript Highlights:

• I'm a fiscal analyst with the Office of Senate Council Research and Fiscal Analysis.
• <00:01:15.040> Um,<00:01:15.360> I Research and Fiscal Analysis.
• Um, I Research and Fiscal Analysis.
• analysis needs. Thank you. analysis needs. Thank you.
• by a WHEA employees that were impacted by a WHEA related<00:24:45.840> violation.

Keywords: 1187, senate, all

Transcript Highlights:

• in landmark laws under this committee's NEPA requires federal agencies to consider environmental impacts
• For example, a recent analysis found litigation delayed fossil energy and clean energy projects by an
• Separately, an analysis on transmission projects found 24% of projects they completed face litigation
• And ultimately, companies are evaluating how the process to operate in this country impacts them.
• So let's take the pure environmental analysis out of it and unleash innovators in that space.

Keywords: environmental review, permitting process, infrastructure, bipartisan legislation, economic growth, Nucor, West Virginia

Summary: The meeting focused on critical discussions surrounding the need for modernizing the federal environmental review and permitting processes. Witnesses from various sectors, including Nucor, provided testimony on the delays and costs associated with current regulations, emphasizing the impact on infrastructure and economic growth. Major projects in West Virginia, such as the Corridor H and Coalfield Expressways, were highlighted as examples of initiatives stalled by excessive permitting hurdles, prompting calls for bipartisan legislation to streamline these processes while maintaining environmental protections. The committee expressed a commitment to address these issues immediately, highlighting the urgency to enhance efficiency in permitting to facilitate economic development.

Transcript Highlights:

• Children's Hospital because it impacted their cash flow.
• And finally, we appreciate the analysis questions regarding the impact of capitation rate increases on
• The methodology for this analysis is still being finalized.
• And this proposal has no impact on those existing fees.
• And this proposal has no impact on those existing fees.

Summary: The committee heard a budget oversight hearing on the Department of Health Care Services, focusing first on the overall Medi-Cal budget and a March General Fund loan to cover a current-year shortfall. DHCS said the 2025-26 budget proposal totals $193.4 billion, with Medi-Cal projected at $188.1 billion total funds and $42.1 billion General Fund, driven by higher enrollment, pharmacy costs, managed care growth, and costs tied to eligibility expansions and the COVID-era redetermination unwinding. The department said the $3.44 billion loan was needed to manage cash flow and ensure timely payments to providers and plans, while the LAO noted Medi-Cal’s cash-basis budgeting creates volatility and that more detailed estimates would come with the May Revision. Members discussed federal Medicaid threats, the need for transparency on cost drivers, and the impact of pharmacy spending, long-term care, and immigration-related coverage expansions. The second major topic was family health programs, including California Children’s Services, the continuous coverage unwinding, and opioid settlement fund spending. DHCS described CCS funding methodology changes, ongoing county stakeholder work, and a delayed rollout of CCS monitoring and oversight until July 1, 2025, while county representatives and advocates argued the program is underfunded and asked for more technical assistance and a delay in implementation. On the unwinding, the department explained that federal redetermination flexibilities helped maintain coverage after the pandemic, but the Governor’s budget proposes ending them at the end of June 2025; advocates urged making the flexibilities permanent to avoid coverage losses. For opioid settlement funds, DHCS and Finance said the budget increases funding for naloxone distribution while reducing other harm-reduction spending based on updated settlement revenues, prompting criticism from members and public commenters who argued the change would weaken effective harm-reduction programs. The hearing also included an update on Proposition 35 implementation. DHCS said the voter-approved measure continuously appropriates MCO tax revenues beginning in 2025, with up to $4.6 billion annually available for specified Medi-Cal and provider investments in 2025 and 2026, but implementation depends on consultation with the required stakeholder advisory committee. The department and LAO noted uncertainty about future federal rules affecting the MCO tax after 2026. Public testimony largely supported maintaining Medi-Cal expansions, protecting immigrant coverage, preserving harm-reduction funding, and increasing support for community health workers, pediatric dental care, and CCS county administration. No votes were taken during the portion of the hearing provided.

Transcript Highlights:

• The author agreed to accept the amendments outlined in comment one of the committee analysis.
• I just want to thank our committee team for the analysis they did on this bill.
• I don't think the crime rate would be impacted in California if, for example, the tax offender hid out
• Nobody wants someone to have safe haven for a few hours for a crime that impacts public safety in the
• I'm recommending support with those amendments as well as the others outlined in the committee analysis

Summary: The Assembly Elections Committee met on July 1, 2026, heard a full agenda of election-related measures, and took final votes on several bills and one resolution. The committee also adopted two consent items, SB 1429 and SB 1430, without opposition. Members and the chair repeatedly noted committee membership changes and the final meeting of the session, and the chair emphasized the committee’s focus on protecting democracy and election integrity. Among the bills heard, SB 1369 would shorten the signature-gathering period for judicial recalls in larger counties and require paid gatherers to disclose they are compensated; supporters argued it would protect judicial independence, while the chair and some members noted the need to balance recall rights with county differences. SB 900 would reformat campaign disclosure language on large print ads and billboards to improve readability while preserving transparency, with broad support from outdoor advertising, clean money, and good-government groups. SJR 18, which condemns Citizens United and urges action against corporate spending in elections, drew support from reform advocates but also concerns about the resolution’s focus and scope; it was advanced on a party-line split with some members voting no. The committee also advanced SB 1164, a major voting-rights measure expanding California protections against vote dilution and voter suppression, adding preclearance-style review for some jurisdictions, and directing courts to interpret election laws in favor of voting access. Local government representatives opposed it unless amended, citing uncertainty, loss of safe-harbor protections, and implementation concerns, while civil-rights and labor groups strongly supported it. SB 1360, which expands language-access requirements for voters with limited English proficiency and lowers coverage thresholds, was supported by voting-rights and immigrant-advocacy groups but opposed by elections officials unless amended; the committee acknowledged the need for further work on county-level implementation and data standards. The committee also approved SB 1418, which extends protections against seizure of election records and voting systems beyond voted ballots, and SB 884, which creates a buffer zone around polling places and vote-by-mail drop locations to prevent interference with voting and ballot custody, though sheriffs and police groups opposed the arrest restrictions. SB 46, which would give the Secretary of State clearer authority to remove constitutionally ineligible presidential and vice-presidential candidates from the ballot, and SB 715, which moves candidate ballot-designation challenge deadlines earlier, also advanced. Most measures were sent to Appropriations or otherwise held on call for absent members, and the meeting ended with final roll calls and adjournment.

Transcript Highlights:

• fines and improving the fine collection process, this bill is expected to have a positive fiscal impact
• And even in the bill analysis, and I know the bill...
• Even in the bill analysis, and I know the bill analysis is not directly on with the strike-all, but I
• do think it's fair to point out on page two of, starting on page two of the bill analysis, going to
• Every product is tested for effectiveness, environmental impact, and human health.

Summary: The committee met with a quorum and first postponed CS for HB 781 at the sponsor’s request. It then heard and passed CS for HB 429, which codifies the existing process for terminating or cancelling motor vehicle dealer franchises and requires manufacturers to provide written sales and service performance criteria; the bill was supported by the Florida Automobile Dealers Association and was reported favorably 12-0. The committee next took up HB 983 on homeowners associations, where the sponsor described HOA fraud and abuse concerns and proposed expanding local law enforcement authority to investigate, inspect, and audit HOAs, easing recall procedures, and allowing prevailing-party attorney’s fees in recall disputes. Two amendments were adopted: one removing constitutionality-problematic Kaufman language, and another defining financial statements more comprehensively to improve HOA transparency. The bill drew support from Miami-Dade County and the Miami-Dade Sheriff’s Office and was reported favorably as amended 14-0. The committee also passed CS for HB 1343 on public nuisance abatement fines, which raises daily fines from $250 to $500, removes the $15,000 cap, adjusts foreclosure timing on unpaid nuisance liens, and allows attorney-fee calculations to include legal assistance time. Members discussed due process and notice concerns, and the sponsor said he would work on clarifying notice for both owners and nuisance-causing parties; the Orange County Sheriff’s Office supported the measure, citing violent crime tied to nuisance properties. CS for HB 643 on residual market insurers was then reported favorably without discussion. CS for HB 1183 on cybersecurity incident liability followed; it would shield government and private entities from liability if they substantially comply with cybersecurity standards, with the sponsor explaining that the bill was revised after a prior veto to define substantial compliance through policy letters, disaster recovery planning, and multi-factor authentication. Despite concerns about the breadth of the liability protection, the committee adopted an amendment and reported the bill favorably 13-1. PCS for HB 915, addressing advertisements for representation services, was also reported favorably 14-0. The bill targets misleading advertising by nonlawyers and notaries, especially in immigration-related services, requiring clear bilingual disclosures and allowing damages, fees, and injunctive relief for violations; it was supported by faith-based and civil rights groups. CS for HB 585 on former phosphate mining lands was then approved 14-0; the sponsor said it would create a defense to Water Quality Assurance Act strict liability for naturally occurring substances on former phosphate mine sites, require notice recording, radon surveys, and pre-suit radiation testing, and it would not apply retroactively to pending litigation. HB 6503, a claims bill for Mandy Penny Lemon, was also reported favorably 14-0 after brief sponsor remarks describing her severe injuries and homelessness following a 2018 incident. Finally, the committee considered HB 129 on pesticide-related products liability. A strike-all amendment was adopted that bars failure-to-warn claims for EPA-registered pesticide products when the label is consistent with EPA’s most recent human health risk assessment and carcinogenicity classification, while preserving claims if information was withheld, concealed, misrepresented, or destroyed to obtain or maintain the label. Supporters argued the bill provides certainty and respects EPA’s scientific labeling process; opponents warned it would effectively block access to courts and delay claims until after lengthy EPA investigations. After extensive debate, the committee reported the bill favorably as amended 13-1.

Transcript Highlights:

• <00:17:38.720> as survive the strict scrutiny analysis as survive the strict scrutiny analysis
• on insurance premiums were noted after that analysis.
• . analysis. analysis.
• A 2021 impact on insurance premiums.
• Ombudsman, multiple counties, impacted Ombudsman, multiple counties, impacted fosters,<02:17:45.240

Keywords: 1187, senate, all

Transcript Highlights:

• But would the impact? That window and that opportunity to retrieve.
• I would just note they're in the analysis; all of them are in your analysis, and most of which are in
• And so I'm really mindful of what the impact that would be on that city.
• No, the amendments in the analysis encompass everything. Everything's in the analysis.
• So I know the City of Downey would be impacted.

Summary: The committee first heard SB 753, which would modernize California’s shopping cart recovery rules by allowing cities and counties to return abandoned carts directly to retailers, recover documented retrieval costs, and avoid the current impound-and-wait process. The author and supporters, including San Jose officials and the League of California Cities, said the bill would help clear streets, sidewalks, and waterways and reduce local costs. Grocers and retailers opposed the measure unless amended, arguing it would turn cart retrieval into a new cost burden and could create incentives for cities to charge too much for stolen property. After extensive discussion about notice periods, cost caps, and local ordinances, the committee adopted amendments and passed the bill 6-0 as amended. The committee then took up SB 445, which would speed up permitting and approvals needed for high-speed rail by requiring early engagement, setting rules for third-party coordination, and creating a dispute-resolution process. The author said the bill was narrowed from an earlier, broader transit proposal and was intended to reduce delays caused by utilities, local governments, and other entities. Supporters said permitting bottlenecks add major costs and delays to infrastructure projects, while opponents from utilities, cities, counties, telecoms, and special districts raised concerns about safety, reliability, affordability, and the need to review the pending amendments. The bill passed 8-1 to the Utilities and Energy Committee. The committee also heard SB 9, a narrower housing bill focused on accessory dwelling units. The author explained that it would require local ADU ordinances to be submitted to HCD for review and would make state standards control if a local agency fails to submit a compliant ordinance or respond to HCD findings. Supporters from housing and YIMBY groups said the bill would improve enforcement of state ADU law and prevent local barriers from slowing housing production. There was no opposition, and the bill passed 6-0. The committee then began hearing SB 79, which would allow more housing near major transit stops; the author and supporters framed it as a response to the housing shortage and transit underuse, and the hearing continued with extensive support testimony as the transcript ended.

Transcript Highlights:

• <00:17:43.520> by over individuals impacted by over individuals impacted by restriction,<00
• We've had conversations in the past that when we do an analysis of fee analysis, some boards end up way
• So, it analysis of where the fees are.
• It does not have any financial impact.
• This uh codifies what financial impact.

Keywords: 1191, senate, all

Transcript Highlights:

• Given the significant impacts of these changes on those whom we have elected to represent, we want to
• Given significant impacts, Thank you. can sit on the aHS system board given significant impacts of these
• How would the bill impact the county and staff? It will impact the county and staff.
• It will impact the county and staff. First of all, the financial burden.
• What's especially impactful about SB 1003 is the joint application mechanism.

Keywords: 988, house, all

Transcript Highlights:

• Disasters are hitting New Mexico in record amounts and disproportionately impacting economically challenged
• We were projected to see some of the most heavy impacts on the east side of the state.
• We were projected to see some of the most heavy impacts on the east side of the state, and our emergency
• That has a big impact on that reversion. We start working to close that gap and we get it closed.
• You know, this deeper analysis is million dollars is a little high.

Keywords: 996, all

Transcript Highlights:

• of a of a given evaluate the impacts of a of a given project<00:32:46.519> so<00:32:47.519>
• projects that takes a look at the overall greenhouse gas emissions impacts of that project, and the
• Burus. ...the measurement, modeling, and tools around that analysis.
• So what would be the impact that you see in Otter Tail County, Ms.
• Would we definitely see an impact if that revenue were not replaced.

Keywords: 1183, house

Transcript Highlights:

• Uh so this really is a bipartisan bill that'll have bipartisan impact all across the state of Minnesota
• Um I think it'd be appropriate if uh I know we've already stated that there's no fiscal impact, but I'd
• like House Fiscal to outline the fiscal impacts of the bill.
• uh all across the state of impact uh all across the state of Minnesota.<00:04:50.479> And<00:
• outline the fiscal impacts of the bill. outline the fiscal impacts of the bill.

Keywords: 1183, house

Transcript Highlights:

• Because of my love of data and data analysis, when I was asked by faculty members to review different
• outcomes, its reputation, That FGCU can continue to improve its outcomes, its reputation, and its impact
• on the Common Core State Standards, And authored the definitive scholarly analysis on the Common Core
• campus, protect religious liberty and free speech in schools, and author the definitive scholarly analysis
• on the Common Core State Standards, and authored the definitive scholarly analysis on the Common Core

Summary: The Senate Appropriations Committee on Higher Education opened by noting it would not present its budget that day, explaining the budget rollout would be delayed until the following week to align with House partners and Senate notice requirements. After a roll call confirmed a quorum, the chair explained that because of the large number of gubernatorial appointments, the committee would hear only a subset individually and consider reappointments in a block unless members requested otherwise. The committee then heard testimony from appointees and reappointees to several university boards. Florida A&M University nominees Roderick Harris, Victor Young, and Rafael Vasquez emphasized service to their alma mater, support for leadership, student success, entrepreneurship, scholarships, and maintaining FAMU’s status as a leading HBCU. Florida Atlantic University appointees Linda Stock and Thomas Mersh highlighted FAU’s growth, R1 research designation, quantum computing, servant leadership, entrepreneurship, and expanded research opportunities. University of Central Florida reappointee Alex Martins focused on UCF’s preeminence, workforce needs, nursing and engineering, and keeping graduates in Florida. Florida Gulf Coast University nominees James Gris-Mall, Douglas Van Orte, Robert Rommel, Sarah Partial Perry, and reappointee Joseph Fogg discussed workforce development, affordability, student success, water and environmental programs, business and entrepreneurship, nursing outcomes, and FGCU’s regional role. University of South Florida reappointee Rogan Donnelly cited USF’s AAU status, research growth, and focus on student success, health care, cybersecurity, and AI. Committee members generally praised each nominee’s background and the universities’ achievements. At the end of the hearing, the committee approved all nominees in a single block vote for confirmation and then adjourned.

Transcript Highlights:

• Members, before we kick off, by your name placards, you will find a printed copy of a staff analysis
• It is a staff analysis of a proposed Senate bill.
• We evaluate technical success, user impact, and vendor performance.
• We evaluate technical success, user impact, and vendor performance.
• I think it does depend on agency-by-agency on the market analysis, the market research that's done.

Summary: The subcommittee heard a panel on Florida’s IT procurement process from the Florida Digital Service, the Department of Management Services, and the Department of Financial Services. Witnesses walked through the procurement lifecycle, including planning, market research, solicitation, evaluation, award, implementation, and closeout, and emphasized the role of budget timing, contract managers, and subject matter experts. DMS described the state’s enterprise contracting system, noting more than 1,100 active vendor agreements, over 800 involving IT services, and the statutory requirement to request 25 quotes for certain IT purchases. DFS demonstrated the Florida Accountability Contract Tracking System (FACS), explaining how agencies upload contract and payment data and how the public can search contracts and related documents online. Members focused on accountability, transparency, and whether the state is getting the best products and vendors. Questions addressed how contracts are vetted, how technical evaluations are performed, how financial consequences are used for missed deliverables, how public records and confidential information are handled, and how the state screens vendors for foreign-concern or bad-actor issues. Witnesses said agencies rely on technical experts for evaluations, that contract terms should include measurable deliverables and meaningful financial consequences, and that agencies—not procurement staff—generally manage performance, though Florida Digital Service oversees large IT projects of $10 million or more. The committee then shifted to broader policy discussion, including Senate Bill 7026 and proposals to reorganize state IT governance. Several members argued for stronger centralization under a state CIO or similar enterprise authority, while others cautioned against abrupt restructuring and stressed the need for a transition plan. Members also raised concerns about workforce retention, consulting services, recurring project overruns, and the need for better planning and periodic monitoring. No votes were taken; the meeting ended with the chair thanking members and staff and adjourning the subcommittee.

Transcript Highlights:

• This bill does not expand the scope of work for the swimming pool and spa contractors or does it impact
• Cost impacts return on equity and executive compensation.
• There ought to be in the first instance, a cost-benefit analysis based on, you know, we've had a lot
• It was deeply concerned about how the rising electricity costs were impacting seniors and those of us
• So I take your point that staff provides useful and critical analysis.

Keywords: 999, senate, all

Transcript Highlights:

• originally was, again, two sessions ago, but this last session refined it to be a business case analysis
• And so the State Energy Research Center and the ERC are working on that business case analysis.
• But it won't show up in the SIF trust fund analysis until next biennium because of the delayed effective
• There are a number of activities related to this analysis that have been included in the testimony that
• It's all part of the analysis. And part of it would be the cost of the different.

Summary: The committee took roll, approved the March 18 minutes, and then received a compliance-report update on the Industrial Commission and related funds and programs. Staff reviewed the status of one-time appropriations and grant programs, including electric grid resiliency, lignite research, enhanced oil recovery, the Clean Sustainable Energy Authority, the salt cavern business-case study, and the new NDSU research and technology park grant. Members asked about funding balances, reimbursement timing, matching requirements, and how some commitments would affect the State Investment Fund and future biennia. Industrial Commission staff then gave a broader update on the agency’s administrative office, grant management system, leadership transitions at several commission agencies, and active grant rounds. They reported that the grant management system is nearing completion, that several agency leadership searches have concluded, and that the commission’s grant programs currently have 108 active grants totaling more than $165 million. They also described the Clean Sustainable Energy Authority round, the oil and gas research program’s enhanced oil recovery awards, the grid resiliency grants, the salt cavern study, and the research technology park program, noting that some projects are awaiting federal funds or additional matching cash. Ron Ness, speaking for the Oil and Gas Research Council, focused on the state of the oil industry and the enhanced oil recovery “Bakken 2.0” effort. He said production remains steady, but future growth depends on better infrastructure, longer laterals, and new EOR methods such as CO2, natural gas, and surfactants. He emphasized the importance of the Bakkeneast pipeline and related gas-utilization projects, the recent DOE funding that will return some money to the research council, and the need to modernize tax and incentive rules for CO2-based recovery. Members discussed the potential economic benefits for oil, agriculture, and manufacturing. The Bank of North Dakota then presented its compliance report and a broader strategic update. Bank leadership reviewed the bank’s mission, governance, participation lending, student lending, disaster programs, and legislatively directed programs, and said the bank is managing for a flatter deposit base and stronger liquidity because of fintech competition and changing market conditions. They reported improved earnings, with net income rising to about $231 million, and described Rough Rider Coin as a new internal payment rail for North Dakota banks and credit unions, not a public cryptocurrency. Members asked about student loan eligibility, disaster lending, and the bank’s capacity to support state programs while maintaining its balance-sheet and liquidity requirements.

Transcript Highlights:

• Pursuant to committee rules, bills with fiscal impacts greater than $150,000, whether revenue gains or
• They are the measurable impact of a tool that works.
• They are the measurable impact of a tool that works. speculative numbers.
• They are the measurable impact of a tool that works.
• It is the responsibility of the country and especially that has the impact of California.

Summary: The Assembly Revenue and Taxation Committee met with a delayed start while waiting for quorum, then heard several bills before moving to the suspense file. AB 564 by Assemblymember Haney would freeze the planned cannabis excise tax increase at 15% rather than allow it to rise to 25%; supporters argued the legal cannabis industry is struggling against the illicit market and high taxes, while opponents said the measure would reduce funding for children, youth programs, environmental restoration, and enforcement promised under Prop. 64. The bill was sent to suspense during regular order and later approved out of suspense on a 6-0 vote with amendments, including a five-year sunset and a reduced rate. AB 1265, also by Haney, would extend and expand the state historic tax credit to encourage rehabilitation of vacant historic buildings for housing and mixed-use projects; preservation and housing advocates supported it, and it was also sent to suspense rather than voted on immediately. The committee then heard AB 1377 by Assemblymember McKenna, which would require studios seeking optional diversity, equity, inclusion, and accessibility film tax credits to complete the plans they submit to the California Film Commission. Labor supporters said studios should do more than make good-faith efforts, and the bill passed 5-1 to Appropriations. AB 1416 by Vice Chair Ta would clarify disaster-related property tax deferrals for homeowners who have requested installment plans, and it passed 7-0 to the Assembly Floor. Afterward, the chair gave a general warning that the bills on suspense represented large revenue losses and emphasized the committee’s need to weigh tax expenditures against other state priorities. On the suspense file, the committee approved AB 27, AB 53, AB 97, AB 231, AB 232, AB 429, AB 613, AB 984, and AB 1485, mostly on unanimous or near-unanimous votes, while AB 547 passed 5-1. Several other bills, including AB 386, AB 389, AB 490, AB 6991, AB 814, AB 1057, AB 1219, AB 1282, AB 1354, AB 1431, AB 1435, and AB 1481, were held in committee. The meeting concluded with the committee adjourning after completing the suspense-file actions.

Transcript Highlights:

• consumers tried to frontr run any impact consumers tried to frontr run any impact of<00:15:28.160
• impact on the<00:15:40.000> data.
• <00:26:21.600> of bit earlier I did about the impact of bit earlier I did about the impact
• <00:36:16.560> in some potentially uh bigger impacts in some potentially uh bigger impacts
• We haven't seen this level of tariff impact so broadly impacted.

Keywords: 958, all

Summary: The meeting focused on preliminary fiscal 2026 revenue estimates and the governor’s office request for an official revision to fiscal 2026, with members reminded that any estimate adopted now would not bind the December official estimates. Staff from S&P Global walked through three forecast scenarios—control, optimistic, and pessimistic—based on recent federal tax changes, tariffs, and other policy developments, emphasizing that the outlook remains highly uncertain. Under the control scenario, the presentation projected below-trend real GDP growth of 1.8% in fiscal 2026, slowing to 1.5% by fiscal 2028, with unemployment peaking around 4.5% and the Federal Reserve cutting rates three times to a long-run range of about 2.75% to 3%. The optimistic scenario assumed lower effective tariffs, stronger growth, and better labor and housing outcomes, while the pessimistic scenario assumed a broader trade war, higher effective tariffs, faster deportations, weaker employment and consumer spending, and unemployment rising to about 6.3%. Speakers also noted that the forecast was prepared before later BLS revisions and that recent data on inventories and AI-related investment made the recent quarters look unusually volatile. Members discussed how the current fiscal 2026 outlook compared with earlier assumptions and noted that the eventual revenue revision may be smaller than the spread between the optimistic and pessimistic economic scenarios. The governor’s office and committee members also reviewed sector-specific impacts, including manufacturing, housing, light vehicle production, exports, and consumer sentiment, with particular concern about Kentucky’s auto and housing-related industries. No votes or formal actions were taken in the portion provided.