Video & Transcript Research : 'Inflation'
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MN
Minnesota 2025 1st Special Session
House Human Services Finance and Policy Committee 1/23/25
Human Services Finance and Policy
Transcript Highlights:
- seniors access services like assisted living, home care, or adult day, does not have any sort of inflation
- seniors access services like assisted living, home care, or adult day, does not have any sort of inflation
- It does not have any sort of inflation factor, and while that might be characterized as a plus from the
Summary:
The House Committee on Human Services Finance and Policy met to approve prior minutes and then take public testimony on the governor’s budget recommendations for human services. The chair explained the hearing format and noted that DHS declined to testify. Much of the testimony focused on proposed reductions or caps affecting disability waiver services, nursing homes, and elderly waiver programs, as well as related fee and tax changes in the budget.
Representatives of ARM argued that the governor’s proposal would cap inflationary adjustments at 2%, limit rate exceptions, cap billable days, and restrict individualized home supports, which they said would worsen workforce shortages, reduce wages for direct support professionals, and destabilize disability services. They said the package would cut about $600 million over four years and could lead to group home closures, higher turnover, and families losing access to local homes and services. Committee members asked about real-world impacts and future rate adjustments, and ARM responded that providers have already planned around expected 2026 rates, so a cap would create immediate budget and staffing problems.
Long-Term Care Imperative testified against nursing home-related cuts, saying the budget would cap future rate increases, limit health insurance costs in rate setting, phase out closure-related agreements and incentives, and fail to fully fund the Nursing Home Workforce Standards Board. They estimated the nursing home provisions could amount to a $218 million cut over four years, or roughly $350 million when combined with other underfunding, and said every nursing home and bed in Minnesota would be affected. They also criticized the lack of an inflation factor in Elderly Waiver, a proposed 54% increase in assisted living fees, and possible changes to provider-assessed fine and penalty funds. Members asked about staffing and bed availability, and the testifiers said reduced funding would likely force more beds out of service.
A later testifier, Dan Andre of the Minnesota Council of Health Plans, raised concerns about the DHS budget’s proposed increase in the HMO surcharge and about carving pharmacy and non-emergency medical transportation benefits out of managed care. He argued the tax increase would raise premiums for fully insured and Medicare supplement enrollees and that managed care coordination helps members access care and medications. The hearing also included one unrelated, disruptive testimony about the Minnesota Sex Offender Program and other agencies, which the chair redirected back to the human services budget. No votes or formal actions were taken beyond approving the minutes and receiving testimony.
DE
Delaware 2025-2026 Regular Session
Delaware Nuclear Energy Feasibility Task Force Jun 29th, 2026
Transcript Highlights:
- What we're not focusing on is that on January 1, 2034, the 45U tax credit and the Inflation Reduction
- what we're not focusing on is that on January 1st 2034 the 45 U. 2034, the 45-U tax credit and the Inflation
Summary:
The meeting focused on finalizing recommendations from the Delaware Nuclear Energy Task Force, with most of the discussion centered on how the state should organize itself to evaluate and potentially pursue nuclear power. Public commenters strongly supported nuclear energy, emphasizing energy reliability, economic competitiveness, data center demand, and the need for Delaware to act quickly. Several speakers argued that Delaware is falling behind neighboring states and should not delay if it wants to attract developers and preserve access to federal tax incentives.
Members then worked through revisions to the recommendations, especially the section on state actions moving forward. There was broad agreement that Delaware needs a clearly empowered leadership structure, but disagreement over the best form: a cabinet-level energy agency, an expanded existing agency such as DENREC, a dedicated coordinator, an expanded Sustainable Energy Utility, or a separate quasi-independent authority. Some members favored a nimble, one-off entity with bonding and financing authority; others cautioned against creating a new body outside state government and stressed the need for coordination with existing agencies, public oversight, and cost discipline. The group also discussed adding responsibilities such as site identification, public engagement, coordination with PJM and federal agencies, and financing tools, while removing or folding in items that seemed duplicative or too broad.
The committee also revised earlier modules to broaden the focus from small modular reactors to nuclear power more generally, while keeping the task force’s original SMR work in view. Members agreed to keep recommendations on state and local regulatory readiness, financial mechanisms, permitting coordination, and public engagement, and to add a recommendation for Delaware to participate as an observer in the Advanced Nuclear First Mover Initiative through NASEO and NARUC. The committee approved the revised Module Four recommendations by vote, with one abstention from Tom Noyes. Minutes from the prior meeting were also approved with minor corrections.
ND
North Dakota 2025-2026 Regular Session
Budget Section Leadership Division Jun 24th, 2026
Transcript Highlights:
- individual income tax data, was used as a basis for the estimate, it turns out that that probably has an inflated
- individual income tax data, was used as a basis for the estimate, it turns out that that probably has an inflated
Summary:
The Budget Section Leadership Division met with a quorum present and approved the March 18 minutes. The committee first heard an update from the Petroleum Council on oil and gas activity, which described North Dakota production as holding steady around 1.1 to 1.2 million barrels per day despite lower prices and market volatility. The presentation emphasized that efficiency gains, longer laterals, and improved completion technology are allowing operators to sustain output while activity shifts north in the Bakken. Members asked about gas taxation, natural gas liquids, flaring, and enhanced oil recovery; the witness said gas is taxed by volume, most liquids are handled through oil lines or gas processing, and the state’s EOR pilot projects and new gas infrastructure are intended to help hold production flat and expand future recovery.
The committee then received a presentation from the Tax Department on the federal “big beautiful bill” and its effect on North Dakota income tax collections. The department explained that most of the federal changes were extensions of existing Tax Cuts and Jobs Act provisions, but several items — including the larger standard deduction, senior deduction, tip and overtime exclusions, auto loan interest deduction, and business expensing changes — affect state collections. Revised estimates showed a smaller-than-expected impact on individual income tax, with the department suggesting a net cash effect in the range of roughly $30 million to $35 million when business and individual effects are combined, plus a possible one-time distortion from large oil-field transactions in fiscal year 2025. Members asked which provisions apply to standard versus itemized returns, and the department clarified that most of the individual provisions apply broadly, while the SALT-related item is itemizer-specific.
OMB then reported on major capital projects and facility funding. Updates included Capitol grounds improvements such as 18th-floor renovations, wayfinding, augmented reality displays for the Rough Rider Hall of Fame, tree management and lighting studies, and restroom and parking reconfiguration in the tower. OMB also described security upgrades at the governor’s residence, where human remains were discovered on site and are being handled with historical and legal review. The state hospital project in Jamestown remains on schedule for substantial completion in winter 2027 and opening in spring 2028, with costs currently estimated a little over $292 million and a line of credit expected to be drawn in April 2027. The North Central State Office Building in Minot is under construction, with a $5.6 million line of credit already accessed. OMB also reported on the State Facility Maintenance Fund, noting about $1.1 million spent so far on projects such as the Liberty Memorial Building roof and foundation work, Capitol window replacement, boiler replacement, and kitchen remodeling.
Finally, Legislative Council staff reviewed the interim compliance report on legislative intent and state trust funds. The report highlighted the status of multiple lines of credit, including those for the state hospital and Minot office building, and noted that the executive budget will likely need to include repayment planning for about $350 million of expected outstanding balances. Other updates included the Bank of North Dakota profit transfer schedule, litigation pool spending, the new Office of Guardianship and Conservatorship, the Missouri River Correctional Center planning effort, HHS items such as FMAP and child care assistance, Job Service’s unemployment insurance modernization project, and DPI school aid turnback estimates. No formal votes were taken beyond approval of the minutes.
MA
Massachusetts 2025-2026 Regular Session
Future of Payments and Sales Transactions by Credit Card and the Impacts for Small Businesses Jun 21st, 2026 at 12:00 pm
Transcript Highlights:
- Meanwhile, as menu prices rise because of inflation, processors automatically make more money because
- As menu prices rise because of inflation, processors automatically make more money because their percentage
Summary:
The Special Legislative Commission on the Future of Payments and Sales Transactions by Credit Card and the Impacts for Small Businesses held a public hearing focused on interchange fees, sales tax and tip processing, chargebacks, fraud, surcharging, and the broader future of payment systems. Chair Paul Feeney and co-chair Rep. Jamie Murphy opened by explaining the commission’s charge and inviting testimony from small businesses, industry groups, banks, and policy experts. Representative Sean Garballey testified first, arguing that Massachusetts tourism depends on universal card acceptance and stable interchange, and urging the commission not to disrupt the current system ahead of major events expected to bring millions of visitors to the Commonwealth.
A large portion of the hearing featured independent restaurant owners and advocates describing thin margins and the burden of paying percentage-based processing fees on sales tax and tips that are not business revenue. Jen Ziskin, Kristen Canty, Nancy Cushman, Kerry Colzer, and others said restaurants often operate on very small profits and that processing fees on taxes and gratuities can amount to tens or hundreds of thousands of dollars annually. Ryan Lotz also urged reforms to chargebacks, including refunding chargeback fees when merchants prevail, requiring consumers to contact businesses before disputing charges, and limiting repeat abuse. Commission members pressed witnesses on whether tax and tip amounts could be separated at the point of sale, and several witnesses said current consumer card systems do not transmit that level of detail.
Testimony from credit union, banking, and payments representatives largely opposed state-level changes that would carve out taxes or tips from interchange, warning of compliance burdens, higher costs, reduced rewards, and possible effects on fraud protection and access to credit. Alex Verine of America’s Credit Unions and Deb Peters and Keely McEwen of the Electronic Payments Coalition said the payment system is complex, that interchange funds fraud prevention and network infrastructure, and that new state mandates could create operational and legal uncertainty. Dan Swanson argued states have authority to act and pointed to Illinois litigation and federal court rulings, while Julian Morris and Brad Popolado emphasized the benefits of card acceptance, the decline of cash, and the need to consider other payment methods and check fraud as well. Several witnesses discussed international payment systems, instant payments, and QR standards as possible future directions.
The chairs and members engaged in extended back-and-forth with witnesses about whether Massachusetts could exempt sales tax from swipe fees, whether surcharging should be revisited, and whether vendor compensation or other targeted relief might be more workable than broad changes to interchange. No votes were taken. At the close of the hearing, the chairs said the commission would hold one additional public hearing date to be determined, after which members would begin developing next steps and a report.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Labor and Workforce Development Jun 21st, 2026 at 11:00 am
Joint Committee on Labor and Workforce Development
Transcript Highlights:
- be most, almost all, but did you know where that million dollars came from or if it adjusts for inflation
- be most, almost all, but did you know where that million dollars came from or if it adjusts for inflation
Summary:
The Joint Committee on Labor and Workforce Development heard testimony on several workforce-related bills, with most of the hearing focused on ESOL and apprenticeship legislation, followed by testimony on a four-day workweek pilot and paid prenatal leave. On ESOL, witnesses including the Boston Foundation, Skillworks, MassINC, MIRA, JVS Boston, Eastern Bank, immigrant advocates, employers, and legislators supported H.2080/S.1326, arguing that Massachusetts has a large backlog of limited-English-proficiency residents waiting for classes, that ESOL is essential to economic mobility and immigrant integration, and that the state needs a coordinated, statewide strategy with more vocational and workplace-focused English instruction. Testifiers cited long waitlists, fragmented delivery across agencies, labor shortages, and examples of workplace English programs helping immigrants gain jobs, advance careers, and support businesses. Committee members asked questions about how vocational ESOL differs from standard classes, and witnesses explained that it focuses on job-specific language and workplace scenarios.
The committee also heard strong support for H.2085/S.1303, which would require more use of registered apprentices on public construction projects over $1 million. Labor leaders from the Massachusetts AFL-CIO and Massachusetts Building Trades, along with electricians and apprentices, said the bill would help apprentices complete training by ensuring enough job-site hours, expand access to good union careers, and strengthen the construction workforce for housing, infrastructure, and clean energy work. Several witnesses defended existing apprenticeship ratios and electrical licensing standards, warning against deregulation and emphasizing safety. Committee members asked about project thresholds and apprenticeship ratios, and witnesses said the bill’s phased apprentice-hour requirement was intended to cover most public projects under current cost conditions.
The committee then heard testimony on S.1330, a four-day workweek pilot program. Senator Dillon Fernandez and Representative Shirley Arriaga described the proposal as a response to burnout, affordability pressures, and changing workplace norms, arguing that a pilot would let Massachusetts study whether shorter workweeks improve productivity, retention, and worker well-being. Witnesses said the model could help families balance caregiving and commuting while maintaining or improving output. Finally, the committee took testimony on S.1361, establishing paid prenatal leave. Parents, health advocates, March of Dimes, and others said paid leave would help pregnant workers attend critical prenatal appointments, reduce missed care, and improve maternal and infant health outcomes. Several speakers shared personal stories about high-risk pregnancies, pregnancy loss, and the financial strain of taking unpaid time off. No votes were taken during the hearing; the committee primarily received testimony and asked a limited number of questions.
ND
North Dakota 2025-2026 Regular Session
Legislative Procedure and Arrangements Jun 10th, 2026
Transcript Highlights:
- That is how we inflated those numbers from what the pay was in the previous session.
- That is how we inflated those numbers from what the pay was in the previous session.
Summary:
The Legislative Procedures and Arrangements Committee met with a quorum and approved the minutes from the previous meeting. The committee first considered and adopted a Joint Rule 211 change clarifying the deadline and statutory references for bill drafts involving health insurance mandates, after discussion that the process is still somewhat cumbersome but improved by the clarification. The committee then reviewed a revised draft addressing confidentiality protections for certain legislators and candidates, but members expressed concerns about the breadth, enforceability, and transparency implications of the proposal, and the committee chose not to advance it at this time.
The committee received an informational update on the new NCSL Legislator Security Fund. Staff explained that North Dakota is applying for the grant, which could provide about $200 per legislator for home security or related safety expenses, subject to Emergency Commission approval and reimbursement procedures. Members asked about eligible expenses, administrative burden, and whether new legislators would be covered; staff said guidance would be provided if funding is approved. The committee also approved the 2027 timing for the State of the Judiciary, tribal-state relationship message, and State of the State address on January 5, and set the Commerce Department and agricultural commodity reports for January 13 and 14, respectively, as required by statute.
A major portion of the meeting focused on legislative staffing and organizational planning. The committee approved a recommendation for 36 Senate staff positions and 41 House staff positions, along with a 3% compensation increase for session staff. Discussion centered on replacing some procedural clerk duties with permanent policy analyst staff, retaining quality assurance roles for now, and adding or repurposing positions in IT, program evaluation, legal, and administration. Members also discussed expanding program evaluation capacity and the need for clearer oversight of new programs, with staff noting upcoming training and model-sharing with other states. Finally, the committee reviewed a proposed new legislator orientation day on November 30 and broader organizational session training changes, including mock committee and floor sessions, security training, and more robust budget/appropriations instruction, but took no final action on the agenda items and adjourned after completing the budget-related recommendations.
LA
Transcript Highlights:
- And during that same period of time, the cumulative rate of inflation has been approximately 40%, while
- the proposed fee structure would be roughly around 20 to 25%, which is well below inflation.
Keywords:
property tax, blighted properties, urban rehabilitation, tax exemption, local government, financial incentives, blighted property, derelict property, property tax exemption, local redevelopment plans, rehabilitation standards, ad valorem tax, community development, senior citizens, homestead exemption, Louisiana Constitution, motor vehicles, local fees, transaction fees, funding
CA
California 2025-2026 Regular Session
Senate Revenue and Taxation Committee May 6th, 2026
Revenue and Taxation
Transcript Highlights:
- As Medicare costs have risen by 10% and inflation has reached 3.3%, Social Security benefits for our
- disproportionate share of their income on health care, housing, and food expenses, which are prone to rapid inflation
Summary:
The Revenue and Taxation Committee heard a long agenda of tax and housing measures, beginning with SB 1329 on solar property tax assessment. The author and solar industry witnesses argued the bill would create a uniform, predictable statewide method as the current solar property tax exclusion sunsets, while county assessors and local county representatives opposed it as a departure from market-based valuation that would reduce assessed values and local revenue. The committee also heard SB 1406, which would target the so-called Montana loophole used to avoid California vehicle taxes and fees; it drew support from CTA and no formal opposition. Both bills were moved to Appropriations and placed on call after committee votes. The consent calendar was also adopted and placed on call.
The committee then took up several tax relief and wildfire-related measures. SB 984 would conform California law to the federal tipped-income deduction; restaurant, taxpayer, and enrolled agent representatives supported it, and the committee approved it 3-0 to Appropriations, on call. SB 1084 would create a fire-safe home tax credit for home hardening and defensible space improvements; supporters included the Town of Truckee and the California Association of Realtors, while members raised questions about cost and interaction with Prop. 98, and the bill passed 3-0 to Appropriations, on call. SB 1118 would provide a tax credit for backup generators or solar battery systems in high fire-threat areas; the author and supporters framed it as a resilience measure, but committee members questioned the use of taxpayer funds, diesel generators, and the benefit relative to cost. The bill was not advanced in the portion of the transcript provided.
Later, the committee heard SB 1249, a narrowly targeted senior deduction for taxpayers ages 86 to 90, supported by LeadingAge California and the California Senior Legislature; it passed 4-0 to Appropriations, on call. SB 1424 would extend a partial sales and use tax exemption to zero-emission vehicle refueling equipment, including charging and hydrogen stations; it received support from hydrogen and electric transportation groups and passed 4-0 to Appropriations, on call. SB 1113 would conform California tax law to the federal tonnage tax regime for U.S.-flag international shipping companies; maritime industry witnesses supported it as a competitiveness and national security measure, while ILWU opposed it over the estimated general fund impact, and the bill passed 4-0 to Appropriations, on call. SB 1137 would expand the medical expense deduction for lower-income taxpayers, and SB 1415 would extend a partial welfare property tax exemption to mixed-income housing; both were presented with support from advocacy and local government witnesses, with assessors and housing stakeholders seeking amendments on SB 1415. The transcript ends before final action on SB 1415 is completed.
LA
Transcript Highlights:
- It's problematic because it inflates costs for employers and state Medicaid programs.
- It's problematic because it inflates costs for employers and state Medicaid programs.
Summary:
The House Insurance Committee met on April 29 with a quorum present and took up several insurance and health care-related bills. SB 192, a dental reimbursement bill, was amended to allow dentists to opt in electronically to credit-card payment methods and to clarify applicability and effective date; it was reported as amended. SB 84 would require prostate cancer screening coverage for men over 40 under current clinical guidelines and prohibit cost-sharing; supporters from the American Cancer Society said Louisiana has a high incidence of prostate cancer and that out-of-pocket costs deter early screening. The committee adopted amendments and reported the bill as amended. SB 275, dealing with reimbursement and network participation for certified registered nurse anesthetists, drew support from nursing and hospital groups and was reported favorably. SB 169, a cleanup bill on biomarker testing, was also amended and reported.
The committee spent substantial time on SB 401, which creates a temporary prescription drug affordability board to review pricing data on selected drugs and report findings to the legislature. Supporters said the board would improve transparency and help lawmakers understand drug pricing trends; opponents raised concerns about confidentiality, market effects, and the lack of a defined policy outcome beyond reporting. Amendments narrowed the scope, added confidentiality protections, and removed opposition cards, and the bill was reported as amended. SB 387, a major PBM reform bill tied to SB 401, would change PBM compensation, rebate handling, formulary practices, audits, and appeals, while excluding ERISA plans after discussion and amendment. Supporters argued it would curb spread pricing and other practices that raise costs, while opponents from the Pelican Institute and PCMA warned it would interfere with private contracts, reduce flexibility, and could raise premiums or disrupt city, school board, and small-group plans. After extensive debate and a roll call, SB 387 was reported with amendments by a 10-4 vote.
The committee also considered SB 241, which requires certain insurance adjusters and public adjusters to include license numbers in written communications. After amendments limiting the requirement to individual licenses and removing one statutory reference, the bill was reported as amended. Throughout the meeting, members and witnesses repeatedly discussed the need for transparency in drug pricing and PBM practices, the role of ERISA and non-ERISA plans, and potential impacts on public employers and consumers.
LA
Louisiana 2026 Regular Session
House of Representatives Apr 29th, 2026
Louisiana House Floor Meeting
Transcript Highlights:
- And it's also indexed to inflation, so it'll go up depending upon the inflation rate as well each year
Bills:
HR218, HR219, HR220, HR221, HR222, HCR91, HCR92, HCR93, HR210, HR211, HR212, HR213, HR214, HR215, HR216, SCR29, SCR38, SB100, HR171, HCR49, HCR65, SCR23, HB276, HB508, HB512, HB599, HB632, HB656, HB998, HB1052, HB1084, HB1171, HB1193, HB1194, HB1204, HB1209, HB1250, SB2, SB19, SB24, SB50, SB70, SB96, SB101, SB103, SB104, SB114, SB122, SB159, SB160, SB173, SB180, SB182, SB260, SB412, SB418, SB424, SB442, SB460, SB476, HCR41, HCR76, HCR77, HCR63, HCR69, HCR86, SCR19, SCR3, SCR6, SCR18, HB64, HB68, HB92, HB130, HB167, HB227, HB243, HB321, HB335, HB398, HB492, HB624, HB689, HB708, HB804, HB906, HB926, HB955, HB968, HB969, HB978, HB985, HB1005, HB1029, HB1069, HB1077, HB1095, HB1104, HB1107, HB1187, HB1203, HB1217, HB1220, HB730, HB225, HB175, HB198, HB437, HB457, HB488, HB646, HB763, HB909, HB971, HB981, HB1066, HB1089, HB1125, HB1154, HB1231, HB1246, HB1248, HB1249, SB47, SB82, SB106, SB206, SB210, SB248, SB305, SB376, SB397, SB441, HCR32, HB59, HB617, HB897, HB911, HB1223, HB798, HB824, HB989, HB1140, HB1166, HB1244, HB901, HB79, HR20, HR74, HB284, HB306, HB366, HB393, HB458, HB459, HB577, HB582, HB605, HB614, HB682, HB733, HB752, HB773, HB996, HB1035, HB1113, HB1180, HB1234, HB1240, SB89
Keywords:
EJ Fields, Shreveport, Louisiana, gospel music, commendation, resolution, honorary resolution, Billboard Gospel Airplay, Mediabase Gospel Airplay, Mercy Endureth, music award, ministry, artist recognition, cultural heritage, spiritual heritage, African American gospel, local hero, state commendation, St. Charles Parish, parish day
Summary:
The House met with 89 members present and began with prayer, the pledge, and routine journal and leave requests. The early part of the session was largely ceremonial, with multiple personal privilege remarks recognizing visiting groups and special days at the Capitol, including St. Bernard Parish Day, Gulf States Renewable Energy Industries Association Day, ARPEC members, retired public servant Barney Arsenault, Deaf History Month, Asthma and Allergy Awareness Month, Young Farmers and Ranchers, Louisiana Housing Corporation participants, and Louisiana Hospital Day. The chamber also received Senate messages, including concurrence in several House concurrent resolutions, Senate passage of a number of bills, and a list of Senate resolutions lying over.
The House then moved through a long series of resolutions and bills, many of them adopted without objection. Among the measures approved were resolutions designating or commending various observances and groups, and bills addressing inmate documentation upon release, court filings on letter-sized paper, safe harbor protections for trafficking victims, public benefits verification, travel meal reimbursement limits for state employees, the Governor’s Task Force on Impaired Driving, school emergency operation plans, justice of the peace jurisdiction in East Baton Rouge Parish, unaffiliated voter participation in party primaries, electronic monitoring rules, crime victims’ compensation terminology, the indigent defender fund threshold for small municipalities, sex offender identification procedures, the Office of State Public Defender, microbrewery special-event permits, alternative power sources for nursing facilities, relay attack device penalties, and a capital-case intellectual disability bill. Several of these passed overwhelmingly; some were temporarily returned to the calendar or tabled after passage.
A few bills drew more discussion. HB 335 on citizenship verification for public benefits passed 77-17. HB 398, limiting meal reimbursements for state travel to GSA rates with an exception process, passed 62-32 after questions about scope and lodging. HB 906 on presidential preference primary qualification and party rules for unaffiliated voters passed 68-19. HB 897, protecting health data collected by pregnancy centers and imposing fines for unauthorized disclosure, passed 94-0 after an amendment and questions about its application. HB 1107 on intellectual disabilities in capital cases passed 75-11 after amendments informed by disability advocates. HB 1187, allowing Citizens Property Insurance to direct certain emergency assessment overages to the Fortify Homes Program or reserves, passed 87-9. HB 1220 on the State Board of Medical Examiners passed 95-0. The House also reconsidered and successfully revived HB 225 after suspending the rules, and several bills were returned to the calendar for later consideration, including HB 689 before it was later brought back and passed 84-7 after amendment. The session concluded with notice of additional Senate messages and upcoming floor scheduling.
FL
Florida 2026 4th Special Session
February 11, 2026 - 09:00 AM
Transcript Highlights:
- can join other states like Texas in diversifying the state's financial portfolio, hedging against inflation
- negotiate drug benefits for health insurers, but in recent years have attracted legitimate criticism for inflating
Summary:
The Insurance and Banking Subcommittee met to hear and vote on several bills, with all measures reported favorably. The first major item was PCS for HB 175 on payment stablecoins, which would create a Florida regulatory framework aligned with the federal GENIUS Act so issuers can choose state regulation instead of federal licensing. Members asked extensive questions about how stablecoins differ from other digital assets, whether Florida would need federal approval, and what impact the bill would have on the Office of Financial Regulation; the sponsor and OFR said the state framework would mirror federal standards and that any workload increase was currently indeterminate. The PCS passed unanimously after testimony from OFR and the Florida Blockchain Business Association in support.
The committee then approved CS for HB 961, which streamlines electronic signature requirements for salvage titles and certificates of destruction, and HB 1415, a DFS stablecoin pilot program allowing certain stablecoins to be used for licensing and regulatory fees. HB 1415 was amended to remove authority for a Florida coin, limit the pilot to established stablecoins with at least $1 billion market cap, and require secure custody through a public depository or custodial bank. Members discussed how any interest or revenue would be used, with sponsors saying the pilot was still exploratory and intended mainly to cover program costs. Both bills passed favorably.
HB 1039, establishing a state cryptocurrency reserve, also passed after a strike-all amendment moved administration of the reserve from the CFO’s office to the State Board of Administration and tightened eligibility to cryptocurrencies with a $100 billion market cap over the prior 12 months. Supporters argued the bill would create a framework for future diversification and investment in established digital assets, while several members raised concerns about volatility, reporting frequency, and the meaning of new terms such as qualified liquidity provider and secure custody solution. The committee also passed CS for HB 951 on penny rounding for cash transactions, with an amendment clarifying cash transaction definitions and treating money orders and gift cards like credit-card transactions for rounding purposes.
OK
Oklahoma 2026 Regular Session
Appropriations and Budget Public Safety Subcommittee - Morning Session Jan 12th, 2026 at 09:00 am
Public Safety
NM
New Mexico 2025 Regular Session
IC - Investments and Pensions Oversight Jul 18th, 2025
Investments & Pensions Oversight Committee
Transcript Highlights:
- are the option two plans that we removed for fiscal year 25 because of the federal mandate for the Inflation
- the most recent ones, as was noted, was a federal mandate to the Medicare Part D, which was the Inflation
NV
Nevada 2025 Regular Session
Assembly Committee on Legislative Operations and Elections May 29th, 2025 at 01:00 pm
Legislative Operations and Elections
Transcript Highlights:
- One of the biggest questions, too, coming up with the growth of nonpartisan is that this has been inflated
- This has been inflated because of automatic voter registration default.
Keywords:
election reform, voter accessibility, conditional ballots, voter registration, mechanical voting systems, election audits, voter access grants, provisional ballot, voting technology, AB562, Nevada, Secretary of State, elections, elections management system, HAVA, Help America Vote Act, automatic voter registration, AVR, election technology, state appropriations
NM
New Mexico 2025 Regular Session
IC - Legislative Health and Human Services May 20th, 2025
Legislative Health & Human Services Committee
Transcript Highlights:
- That was based on an inflation index on the previous rate study.
- Which was to go to the 3.7% inflation, which is still in the operative rate study.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Apr 1st, 2025
Transcript Highlights:
- to an agency that has not seen an increase in almost since 2018 and has really not kept up with inflation
- to an agency that has not seen an increase in almost since 2018 and has really not kept up with inflation
Summary:
The Assembly Budget Subcommittee 5 on State Administration held an informational hearing on budget issues for the Department of Veterans Affairs, the Department of Cannabis Control, the Department of Consumer Affairs, the Commission on the Status of Women and Girls, and the California Arts Council. The chair noted there would be no votes. CalVet gave an overview of its programs serving veterans and families, including transition assistance, county veterans service officers, education approvals, housing and homelessness programs, home loans, long-term care homes, and state veterans cemeteries. Members asked about future long-term care needs for aging veterans, staffing and recruitment challenges at veterans homes, and the Yountville steam infrastructure replacement project, for which CalVet sought a $38.8 million reappropriation and said federal reimbursement was expected. CalVet also discussed the role of county veterans service officers in helping veterans file claims and avoid predatory unaccredited representatives.
The Department of Cannabis Control described its regulatory role from seed to sale and requested one position to implement SB 1064’s combined activities license. Members and public witnesses focused heavily on the illicit cannabis market, enforcement staffing, and the impact of taxes and fees on the legal market. DCC said it had roughly 87 enforcement positions with about a 15% vacancy rate and more than 200 compliance staff. Its economist presented the 2024 cannabis market report, which found licensed production and retail quantity were up, but retail value and prices were down, with an estimated 11.4 million pounds of illicit production and about 60% of California consumption still coming from the illicit market. Industry witnesses argued the legal market is in crisis, urged repeal of the scheduled excise tax increase, stronger enforcement against illicit cannabis and hemp-derived intoxicants, and expanded retail access.
The Department of Consumer Affairs briefly presented nine budget proposals, including a $2.6 million ongoing request to maintain a business modernization system for several boards and bureaus. The Commission on the Status of Women and Girls described its work on economic and educational equity, health care, violence prevention, student rights, and archival and outreach projects, and said its budget request would convert limited-term positions to permanent. A member urged the commission to narrow its priorities toward current issues such as affordability, child care, and women’s health. The California Arts Council outlined its role as the state’s only statewide arts funder and requested restoration of $5 million in local assistance; supporters testified that the funding would leverage additional local investment and help sustain arts access, especially in rural communities. The hearing ended after the non-presentation items were noted and no further public comment was offered.
TX
Transcript Highlights:
- According to the Federal CPI Inflation Calculator, a hundred dollars in 2007 was worth $156 in 2023.
- relevance and effectiveness of the tax exemption, preventing the erosion of its benefits due to inflation
Bills:
HB511, HB972, HB 1035, HB2481, HB2723, HB2742, HB2894, HB2962, HB3077, HB3093, HB3307, HB3684, HJR67, HJR72
Keywords:
ad valorem taxation, caregiver exemption, Medicaid, long-term services, tax relief, assisted living, housing support, property tax exemption, caregiver support, residence homestead, tax exemption, unpaid caregiver, state tax code, property tax, caregiver, waiting list, intellectual disability, developmental disability, ad valorem tax, family support
CA
California 2025-2026 Regular Session
Assembly Agriculture Committee Mar 26th, 2025
Transcript Highlights:
- We'd like to suggest and we support this increase because we've not kept up with inflation.
- This is one of the areas where we have a lot of things in agriculture that are not up to par with inflation
Summary:
The Assembly Agriculture Committee met as a subcommittee at first because a quorum was not yet present, then adopted its committee rules for the 2025-2026 legislative session by a 5-0 vote. The committee heard a series of agriculture-related bills, with most measures receiving broad support and moving forward. AB 1142 by Assemblymember Hoover would raise the fee thresholds for small public horse events that are exempt from equine medication monitoring rules; supporters said the current limits are outdated and hurt small riding clubs, and the bill passed to Appropriations. AB 411 by Assemblymember Papin would allow ranchers to compost livestock carcasses on-farm; supporters cited cost, environmental, and predator-control benefits, while rendering industry representatives asked for amendments to protect existing services and limit the bill’s scope. The bill passed to Natural Resources. AB 482 by Assemblymember Solache would modernize the California Table Grape Commission law and raise assessment caps without increasing assessments themselves; it passed to Appropriations. AB 312 by Vice Chair Alanis would shorten the holding period for ag theft property from six months to three months; it also passed to Appropriations.
The committee also heard AB 937 and AB 947 by Assemblymember Connolly. AB 937 would make technical changes to the Organic Transition Pilot Program to improve access to organic transition support, with testimony from a farmer who said the program helped him pursue organic certification; the bill passed to Appropriations. AB 947 would expand and refine technical assistance under the Healthy Soils/Climate Smart Agriculture programs, including training, grant writing, matching funds coordination, equipment sharing, and outcome monitoring; supporters said the changes would help small and organic producers access state climate programs, and it also passed to Appropriations. AB 1486, presented by the chair, would use Proposition 4 funding to start grants for public postsecondary agricultural research farms focused on climate resiliency; members praised the role of CSU and UC research farms, and the bill passed to Natural Resources as amended.
The most extensive discussion centered on AB 928 by Assemblymember Rogers, the California Cockfighting Cruelty Act. Supporters argued the bill would help law enforcement target cockfighting and rooster trafficking, reduce avian disease risks, and protect public health and animal welfare; opponents, including poultry hobbyists, breeders, and 4-H-related participants, said it would overreach into lawful poultry keeping and harm heritage-breed and youth programs, urging instead that cockfighting penalties be increased to a felony. Committee members echoed concerns about unintended impacts on legitimate poultry owners and requested continued work on exemptions and language. The bill passed to Judiciary on a 5-2-1 vote, with one no vote and one abstention, and the chair noted that further committee review would continue as the bill advances.
TX
Texas 89th 2nd C.S.
S/C on Disease Prevention & Women's & Children's Health Apr 17th, 2025
S/C on Disease Prevention & Women's & Children's Health
Transcript Highlights:
- Wage disparity, inflation, and the cost of living and healthcare, the lack of transportation all impact
Bills:
HB231
Keywords:
HB 231, Texas Water Code, TCEQ, permit exemption, dam, reservoir, erosion control, flood control, floodwater control, sediment control, watershed protection, Natural Resources Conservation Service, NRCS, Watershed Protection and Flood Prevention Act, local sponsor, water appropriation, small dam, water diversion, maintenance, rehabilitation
TX
Texas 89th Regular
S/C on Disease Prevention & Women's & Children's Health Apr 17th, 2025
S/C on Disease Prevention & Women's & Children's Health
Transcript Highlights:
- Wage disparity, inflation, and the cost of living and healthcare, as well as the lack of transportation
Keywords:
food access, food deserts, communities of color, health disparities, socioeconomic impact, nutritious food, health effects, socioeconomic disparities, legislative recommendations, nutrition, access to food, Medicaid, multisystemic therapy, healthcare, reimbursement, mental health services, education, funding, local control, school system