Transcript Highlights:

• addition to the services provided according to the master contract of employment for teachers or an equivalent
• <00:59:14.559> teachers<00:59:15.200> or<00:59:15.440> an<00:59:15.599> equivalent
• employment for teachers or an equivalent employment for teachers or an equivalent contracted<00:

Bills: HF630, HF1435, HF1607

Keywords: short-call substitute, substitute teacher, substitute teaching license, pilot program, teacher shortage, education workforce, school district, charter school, Professional Educator Licensing and Standards Board, PELSB, background check, paraprofessional, education support personnel, temporary license, substitute training, retaliation, teacher pay, daily substitute pay, Minnesota education law, education innovation

Transcript Highlights:

• insurance plan, and other administrative costs is likely to be less than the amount paid for an equivalent
• amount<00:48:20.559> paid<00:48:21.240> for<00:48:21.480> an<00:48:21.760> equivalent
• <00:48:22.280> set<00:48:22.480> of amount paid for an equivalent set of amount paid
• for an equivalent set of services<00:48:23.200> paid<00:48:23.480> by<00:48:23.680>

Keywords: 1187, senate, all

Transcript Highlights:

• you’re asking for two full-time positions in international economics, trade, and one full-time equivalent
• trade trade trade and<01:19:26.040> one<01:19:26.239> full-time<01:19:27.159> equivalent
• <01:19:28.159> um and one full-time equivalent um and one full-time equivalent um Professor

Keywords: 912, senate, all

Summary: The hearing covered Senate Bill 426, which would create an early learning apprenticeship grant program. Testimony was overwhelmingly supportive from the City and County of Honolulu, the Department of Human Services, the Executive Office on Early Learning, the University of Hawaiʻi College of Education, the Attorney General’s office, the Early Childhood Action Strategy, Hawaii Children’s Action Network, the University of Hawaiʻi’s early childhood educator project, and a Zoom testifier who described the importance of investing in high-quality early childhood education. Committee discussion focused on the program’s estimated cost, with figures of about $14.5 million in 2025-26 and $15 million in 2026-27, and on whether the program would require ongoing base-budget funding. The committee recommended technical, non-substantive amendments, including a statewide-concern amendment and a deferred effective date, and both committees adopted the recommendation by vote. The committees then heard Senate Bill 1622, which would appropriate funds to establish the Aloha Intelligence Institute within the University of Hawaiʻi to support statewide artificial intelligence initiatives. University representatives described the proposal as the product of campus-wide input and outlined five pillars: governance and policy, outreach and engagement, research and development, workforce development, and AI tools for key sectors such as health care, creative industries, manufacturing, data science, astronomy, and climate change. Members questioned staffing distribution, tuition, enrollment timing, housing, campus placement, and whether positions would be permanent or temporary; the university said it planned about 10 positions across campuses, would start with internal resources, and would house the effort under the Vice President for Research and Innovation initially. The committees recommended an SD1 with the appropriation amounts blanked out, a July 31, 2050 effective date, and committee-report language on housing and West Oʻahu, and the higher education and labor/technology committees adopted the amended recommendation. Finally, the Higher Education Committee took up Senate Bill 1488, a housekeeping measure to consolidate existing University of Hawaiʻi conference center statutes into a single revolving fund structure, and Senate Bill 636, which would fund retention and internship coordinator positions and broader enrollment management efforts at the University of Hawaiʻi at Hilo. SB 1488 drew university support and no opposition. SB 636 prompted substantial questioning about Hilo’s declining enrollment, current retention rate of 72.8 percent, and the scope of the request, which includes not only two named positions but also about $432,000 for enrollment management initiatives such as data analysis, IT support, and other student services. Hilo said it is targeting 3 to 5 percent annual enrollment growth and that the positions would support recruitment, retention, internships, and data-driven enrollment strategy. The committee pressed for a clearer broader plan, but the discussion in the transcript ended before a final vote on SB 636 was shown.

Transcript Highlights:

• members, so part of the budget in the accomplishment plan talks about the FTE and the full-time equivalent
• > full-time about the FTE and the FTE the full-time about the FTE and the FTE the full-time equivalent
• <00:43:36.280> um<00:43:36.760> and equivalent um and equivalent um and they they they

Keywords: 1183, house

Summary: The Legacy Finance Committee held its first meeting of the session, with members and staff introducing themselves and the chair emphasizing the committee’s role in overseeing Minnesota’s Legacy Amendment funds. The committee then received an overview of the Arts and Cultural Heritage Fund from Mary Davis. She explained that the fund receives 19.75% of the 1% sales tax, is constitutionally limited to arts education, arts access, and preserving Minnesota history and cultural heritage, and is not a guaranteed base for prior recipients. She reviewed major recipients and statutory requirements, including the Minnesota State Arts Board’s 47% share, funding for the Historical Society, libraries, humanities and cultural organizations, public media, and the Minnesota Indian Affairs Council. She also noted the 5% reserve requirement, reporting obligations, and a 2023 legislative directive to improve access through free or reduced admission and outreach to households regardless of income. The committee next heard from Janelle Taylor on the natural resources funds, focusing on the Clean Water Fund and Parks and Trails Fund. She said the Clean Water Fund receives 33% of Legacy revenues and must be used to protect, enhance, and restore water quality and protect groundwater, with at least 5% dedicated to drinking water sources. She described the Clean Water Council’s recommendation process and said most of the money goes to Board of Water and Soil Resources projects, with additional funding for PCA and DNR monitoring. In response to a question about Hastings and PFAS contamination, she said the legislature could appropriate clean water money if the project fits the constitutional criteria and protects drinking water sources. For the Parks and Trails Fund, she explained it receives 14.25% of Legacy revenues and is allocated under the long-standing 40-40-20 split: 40% to state parks and trails, 40% to metropolitan regional parks and trails, and 20% to Greater Minnesota regional parks and trails. House Fiscal Analysis staff then reviewed the reserve requirement and available balances, noting that each Legacy fund must keep a 5% reserve to protect against forecast changes. For the upcoming biennium, they cited approximately $327.229 million available for the Outdoor Heritage Fund, $184.73 million for the Arts and Cultural Heritage Fund, and $133.13 million for the Parks and Trails Fund, with the Clean Water Fund total discussed earlier at about $311 million. Members briefly discussed the importance of the reserve and the zero-base nature of the funds. The committee then moved on to an overview of the Outdoor Heritage Fund and Outdoor Heritage Council from Mark Johnson and Joe Pelco, who explained that the fund was approved by voters in 2008, lasts 25 years, receives about one-third of the 3/8 of 1% sales tax, and is used to protect, restore, and enhance wetlands, prairies, forests, and habitat for fish, game, and wildlife. They described the council’s statutory role, the small grants program for projects from $5,000 to $500,000, and the annual recommendation process, but no votes or formal actions were taken in the portion provided.

Transcript Highlights:

• If you can imagine this, it is equivalent to nearly five football fields filled 50 feet high.
• can imagine heart of Lina town if you can imagine this<00:13:20.000> is<00:13:20.240> equivalent
• <00:13:20.680> to<00:13:20.839> nearly<00:13:21.279> five this is equivalent
• to nearly five this is equivalent to nearly five football<00:13:22.000> fields<00:13:22.519><

Keywords: 910, house, all

Transcript Highlights:

• looking on page one of that compliance report, there is a section that details out their full-time equivalent
• , just to back up your comments, if you put it in perspective, the gross proceeds of gaming are equivalent

Keywords: 908, all

Summary: The committee met to hear the Attorney General’s budget and related agency presentations. Legislative Council first reviewed the compliance with legislative intent report and the base budget worksheet, highlighting current and ongoing appropriations, FTE changes, one-time funding items, continuing appropriations, and major special and federal funds. Members asked about items such as the Missing Indigenous People Grant Fund, the Internet Crimes Investigation Fund, and the Medicaid Fraud Control Unit grant funding, and staff explained the funding sources and status of those programs. Assistant Attorney General Clare Ness then outlined the Attorney General’s office structure, staffing, and budget pressures. She emphasized the office’s broad statutory duties, the value of its legal and investigative work for state and local governments, and concerns about attorney salary competitiveness, the new and vacant FTE pool, and the impact of the 3% operating budget reduction on BCI, IT, and the crime lab. Members also discussed AG opinions, boards and commissions training, and the office’s litigation and settlement recoveries. Ness and committee members raised the possibility of broader attorney salary benchmarking across state government. The crime lab director described severe space and infrastructure constraints, including overcrowding, shared workspaces, glycol leaks, air handling limits, and aging fire and burglar alarm systems. She said the 2024 study projected a much larger facility would be needed and that a new building on the current health department site would best address the lab’s needs. She also reported that backlogs have improved significantly in DNA, drug, fingerprint, and firearms work, though toxicology had a recent delay after an air compressor failure. The Medicaid Fraud Control Unit director described the unit’s fraud, abuse, and neglect work, noted federal-state funding and recent federal scrutiny, and said the unit needs more staff. The gaming division reviewed charitable gaming growth, e-tabs, trust accounts, and compliance issues, while BCI covered its caseload, cybercrime and child sexual abuse material investigations, the missing indigenous person task force, and the use of lottery funds for drug task forces. No formal votes or budget actions were taken during the meeting.

Transcript Highlights:

• looking on page one of that compliance report, there is a section that details out their full-time equivalent
• , just to back up your comments, if you put it in perspective, the gross proceeds of gaming are equivalent

Summary: The committee met as the Commerce and Legal Services Division and first approved the minutes, then received a Legislative Council overview of the Attorney General’s current budget status and a blue-sheet summary of the AG’s base budget for the next biennium. Staff highlighted compliance with legislative intent items, including FTE changes, one-time funding updates, litigation pool spending, opioid settlement receipts, and continuing appropriations. Members asked about specific funds such as the Missing Indigenous People Grant Fund and the Internet Crimes Investigation Fund, and staff explained the statutory basis and status of those items. The Attorney General’s office then presented an extensive overview of its divisions and budget pressures. Chief Deputy Attorney General Clare Ness described the office’s 14 divisions, the role of the office in defending the state and recouping funds, and concerns about attorney pay, recruitment, and retention. Members discussed whether attorney salaries should be benchmarked across state government and whether more legal work could be centralized in the AG’s office. The office also described challenges with the new-and-vacant FTE pool, operating expense cuts, leased office space, and the criminal justice information systems used to connect law enforcement, prosecutors, and courts. The Crime Laboratory director gave a detailed update on space and infrastructure problems, saying the current lab is overcrowded and outdated, with safety, workflow, air-handling, glycol leak, alarm, and maintenance issues that can delay casework and risk evidence integrity. She said a 2024 study projected a need for a much larger facility and that the preferred option would be a new building on the current health department site, at an estimated cost of roughly $40 million to $45 million. She also reported that backlogs have improved significantly in DNA, firearms, fingerprint, and drug cases, though toxicology had recently developed a small backlog after an air compressor failure. The Medicaid Fraud Control Unit, gaming division, and BCI also provided updates. MFCU’s new director said the unit is federally funded 75/25, focuses on fraud, abuse, and neglect, and is seeking two attorney hires while continuing to work with federal partners on cases and recertification. Gaming staff reported continued growth in charitable gaming and electronic pull-tab activity, with concerns about site competition, large trust balances, possible ineligible expenditures, and the need for more scrutiny as revenues have grown. BCI outlined its staffing, drug task forces, ICAC work, and the Missing Indigenous Person Task Force, which is using its $250,000 appropriation to help tribal nations develop emergency response plans and purchase alerting tools such as IPAWS. No formal votes were taken beyond approval of the minutes.

Transcript Highlights:

• This is supposed to be, you know, kind of like a cash-equivalent fund, and it's actually performed quite
• You can't double that number, but, you know, that's a high return for a cash equivalent.

Keywords: 908, all

Transcript Highlights:

• And so this would be kind of the equivalent of if you drove an electric vehicle, you would be kind of
• paying a gas tax equivalent, right?

Summary: The Assembly Transportation Committee first took up three highway naming resolutions on its consent calendar: ACR 109, SCR 78, and SCR 90. The committee approved the consent calendar with 11 aye votes and no no votes, then adjourned the bill-hearing portion. Members also recognized committee science fellow AJ Mendeola for his service, noting his contributions to bill analysis and staff support. The committee then held an informational hearing on alternatives to the gas tax, focused on the projected decline in fuel-tax revenue and the need for a more sustainable transportation funding model. The chair and invited experts described how inflation, improved fuel efficiency, and growth in electric and other alternative-fuel vehicles are eroding gas-tax revenues. Presenters from the National Conference of State Legislatures and the University of California discussed state options such as higher or indexed gas taxes, EV registration fees, road usage charges, delivery fees, public EV charging fees, transportation network company fees, and managed lanes, emphasizing tradeoffs among revenue adequacy, fairness, administrative cost, and public acceptance. Committee members raised concerns that mileage-based fees or EV fees could function as new taxes on commuters and lower-income drivers, especially if the gas tax is not repealed. Presenters responded that road usage charges are generally intended as replacements for the gas tax, not additions, and argued that mileage-based systems better preserve the user-pays principle while being less tied to vehicle fuel efficiency. They also noted that flat EV registration fees are easy to administer but can be less equitable because they are not linked to actual road use. Officials from Hawaii, Utah, and Oregon described their state programs and policy choices. Hawaii said its new road usage charge began July 1, 2025, for EVs, offers a choice between a per-mile charge and a flat annual fee through 2028, and will transition to mandatory EV participation before expanding to all light-duty vehicles by 2033. Utah described its voluntary EV road usage charge program, quarterly reporting, privacy protections, and legislative scenarios for removing the cap or making participation mandatory. Oregon outlined its constitutional cost-responsibility framework and broader transportation funding challenges, including reliance on user fees and limited use of general-fund support.

Transcript Highlights:

• Adopt clear procedures for assessing equivalency of other states licensing requirements Proactively entering
• This bill is simply to give an equivalent homestead exemption to to the primary residents of adults with

Bills: SB5, SJR3, HB 11, HJR72, HB48, HB27, HB144, HB37, HB1481, HB581, HB1696, HB2216, HB 1035, HB1633, HB742, HB754, HB1689, HB1690, HB2669, HB391, HB517, HB1775, HB 1024, HB1607, HB252, HB1716, HB1562, HB4116, HB1866, HB1741, HB2103, HB2637, HB2884, HB3707, HB503, HB 1089, HB1757, HB2986, HB972, SB365, SB1786, SB5, SJR3, HB14, HB43, HB36, HB26, HB149, HB 121, HB206, HB136, HB3114, HB2733, HB1732, HB3700, HB467, HB 1130, HB1846, HB1442, HB 1147, HB2176, HB2701, HB805, HB2890, HB 1154, HB1644, HB2118, HB1718, HB2488, HB2596, HB2468, HB484, HB2578, HB3204, HB 1041, HB307, HB685, HB538, HB2525, HB3125, HB2027, HB2894, HB3077, HB 106, HB18, HB 11, HJR72, HB48, HB27, HB144, HB37, HB1481, HB581, HB1696, HB2216, HB 1035, HB1633, HB742, HB754, HB1689, HB1690, HB2669, HB391, HB517, HB1775, HB 1024, HB1607, HB252, HB1716, HB1562, HB4116, HB1866, HB1741, HB2103, HB2637, HB2884, HB3707, HB503, HB 1089, HB1757, HB2986, HB972

Keywords: dementia, research institute, Alzheimer's disease, Parkinson's disease, funding, grants, state health initiatives, research funding, state budget, prevention, healthcare, medical research, Dementia Prevention and Research Institute, licensing, reciprocity, regulation, Texas Department of Licensing and Regulation, interstate agreements, tax exemption, intellectual disability

Transcript Highlights:

• It's an equivalent agency because... DCCA.
• It's an equivalent agency because these students are consumers.
• teacher license or international teacher certificate that has a particular duration that would be equivalent
• <02:21:35.920> to<02:21:36.080> the duration that would be equivalent to the duration
• that would be equivalent to the visa.<02:21:36.640> So<02:21:36.880> something<02:21:37.120

Bills: HB1946, HB1515, HB1514, HB1648, HB1644, HB1619, HB1571, HB1810, HB2475, HB1645, HB2301, HB1889, HB1840

Keywords: time shares, registration, renewal, real estate, Hawaii, Director of Commerce and Consumer Affairs, workers' compensation, functional capacity examination, occupational therapy, physical therapy, employer responsibilities, injured workers, medical stabilization, vocational rehabilitation, injury recovery, employment services, return to work, nonprescription drugs, over-the-counter medications, healthcare providers

Summary: The committee on Consumer Protection and Commerce met on February 26, 2026, and heard several bills, mostly in the areas of workers’ compensation and consumer protection. HB 1946 HD1 on timeshare registration renewal drew support from DCCA’s timeshare program and major industry groups including Hilton Grand Vacations, the American Resort Development Association, and Marriott Vacations Worldwide, with no opposition noted. HB 1515 HD1, which would allow an attending physician to request a functional capacity examination without employer permission, was supported by DLIR and the Department of Human Resources Development and had no other in-person testimony; the bill was then moved on without questions. The committee spent substantial time on HB 1514 HD1, which would streamline workers’ compensation vocational rehabilitation by clarifying provider selection and requiring vocational plans within 90 days. DLIR supported the intent but asked for amendments, saying the 90-day deadline was too rigid given case-by-case complexity, limited staffing, and the need for coordination among injured workers, employers, and counselors; members discussed possible extensions and whether a 120-day timeline or other flexibility would be better. Testimony on the bill included one individual in support and seven in opposition. HB 1648 HD1, concerning workers’ compensation and physician dispensing of non-prescription drugs, drew support from DHRD and comments from DLIR and industry witnesses. DLIR said the bill should be narrowed so it does not restrict medically necessary over-the-counter medications or oral guidance from providers, while Aloha Billing Company and Solera Integrated Medical Solutions urged tighter limits on physician dispensing and raised concerns about pricing abuse through average wholesale price. Members discussed clarifying the bill’s language so it targets written prescriptions rather than oral advice. HB 1644 HD1, requiring a standardized disclosure form for residential solar contracts, received support from the Hawaii Solar Energy Association and Kauaʻi Island Utility Cooperative, while DCCA’s Office of Consumer Protection supported the consumer-protection goal but proposed stronger remedies, including a three-day cancellation right, voidability for missing disclosures, and possible lender liability; members questioned how those remedies should apply to lenders, and no vote was taken on the measures in the portion provided.

Transcript Highlights:

• > could Even a small increase in recharge could Even a small increase in recharge could substantially
• <01:55:30.320> boost<01:55:31.199> underground<01:55:31.760> water substantially
• boost underground water substantially boost underground water supplies<01:55:32.480> in<01:55
• It promotes equivalency and flexibility among mitigation options, providing builders additional options
• It promotes equivalency and flexibility among mitigation options, providing builders additional options

Keywords: U.S. House of Representatives Floor Proceedings on Thursday, December 11, 2025, 1012, house, all

Transcript Highlights:

• vacancy housing crisis while maintaining a 7-day notice for tenants who are in arrears, have caused substantial
• have<04:58:23.480> caused who are in a rear have caused who are in a rear have caused substantial
• 24.760> or<04:58:24.958> have<04:58:25.160> engaged<04:58:25.718> in substantial
• damage or have engaged in substantial damage or have engaged in dangerous<04:58:26.480> or<04
• A small but substantial number of employees are unable to open a bank account.

Keywords: 1189, house, all

Transcript Highlights:

• unaccredited high schools shall have to complete high school coursework, which makes sense to be equivalent

Bills: HB3700, HB3315, HB3242, HB3379, HB3129, HB3132, HB2950

Keywords: education policy, grading system, student assessment, academic integrity, state funding, opinion conduct, higher education, bachelor's degree, feasibility study, Oklahoma State Regents, accreditation, credit hours, emergency declaration, gender, privacy, public schools, sleeping quarters, restrooms, criminal history, admissions process

Transcript Highlights:

• You take the amount that goes to that school, divided by the number of full-time equivalent students.

Keywords: 914, all

Transcript Highlights:

• AB 1253, Schultz, Substantive Equivalence Assessment, hold in committee.

Keywords: 988, house, all

Transcript Highlights:

• It's in sort of, you know, highly rated corporate bonds, treasuries, and some cash equivalents. you know

Bills: SJR4, SJR 4

Keywords: economic stabilization fund, state finance, constitutional amendment, budget management, financial security, term limits, state offices, governor, lieutenant governor, election reform, 1184, house, all

Transcript Highlights:

• So the money in HB 2 is equivalent to what it would cost the disability penalty to be erased.

Transcript Highlights:

• The equivalent here would be the midwife has a professional component there.
• :25.760> doctor<01:15:26.199> component<01:15:27.159> the<01:15:27.280> equivalent
• <01:15:27.679> here the doctor component the equivalent here the doctor component the equivalent
• named drugs where there's<02:43:17.960> a<02:43:18.120> generic<02:43:18.640> equivalent
• there's a generic equivalent there's a generic equivalent um<02:43:20.680> on<02:43:21.240

Keywords: 1189, house, all

Summary: The House Finance Division 3 work session continued its review of the Department of Health and Human Services’ Medicaid budget and related policy issues, with CFO Nathan White and Medicaid Director Henry Litman presenting updated materials. The discussion focused on a crosswalk between the adjusted FY 2025 Medicaid budget and the governor’s FY 2026 recommendation, plus handouts showing service additions, eligibility changes, dental rates, and other Medicaid changes since 2019. The department also said it would provide a clearer breakdown of the pharmacy cost-sharing item by general, federal, and other funds. Members asked detailed questions about the Medicaid enhancement tax, the 80% plan, and how funds are allocated between hospital payments, directed payments, and DSH uncompensated care. The department explained that the MET is being used more toward rates and directed payments to better align with federal matching rules, while DSH remains important for uncompensated care. They also noted that a pending Senate Bill 249 would keep the 80% structure and move to Senate Finance. On the trigger law, the department identified the governing provision as Chapter 342:12, Laws of 2018, and explained that if the federal match for Medicaid expansion falls below 90%, the state must notify legislative leaders and participants and the program would sunset after 180 days unless the legislature acts. The committee also reviewed current Medicaid expansion enrollment and program trends. Officials said enrollment was just under 59,000 as of March 3, with about 87,000 people enrolled over the past year and more than a quarter-million residents having used the program over its lifetime. They said enrollment has fallen from a post-pandemic high of nearly 97,000 and may eventually settle in the low 50,000s. Finally, the department discussed federal DSH funding risk, saying New Hampshire could face a significant reduction if Congress does not extend current protections, which is part of why the state has shifted more funding toward payment rates and directed payments.

Transcript Highlights:

• If we take out that one day, one day is equivalent to about 162 flights.
• about<00:31:15.519> 162<00:31:16.120> flights<00:31:17.120> if day equivalent
• to about 162 flights if day equivalent to about 162 flights if we<00:31:17.399> take<00:31:17.559
• We are proposing funding for 13 full-time equivalent FTE positions for strategy and implementation staff
• <05:27:47.400> FTE for 13 full-time equivalent FTE for 13 full-time equivalent FTE positions

Keywords: 910, house, all

Summary: The Committee on Finance held its first informational briefing for 2025, beginning with member introductions and then hearing an economic outlook presentation from Dr. Eugene Tian of the Department of Business, Economic Development and Tourism. Dr. Tian said Hawaii’s economy was in relatively good shape in several areas, especially construction, which he described as at a historical high, with construction employment above 40,000 monthly and building permit values and contracting tax base both up sharply. He also noted real estate sales had rebounded in 2024, the labor market had stabilized with unemployment around 2.9%, and initial unemployment claims were below 2019 levels. At the same time, he highlighted challenges including inflation running above the national rate, a shrinking labor force, lower employment compared with 2023, and continued weakness in visitor spending and arrivals. He said future growth would likely come from health care, professional services, construction, tourism recovery, and diversified sectors such as renewable energy, aquaculture, creative industries, and technology. Dr. Tian also discussed Hawaii’s economic structure and recovery, saying the state remains more concentrated in a few industries than the U.S. overall, with government and hospitality making up larger shares of the economy. He said non-tourism sectors had recovered, but tourism-related jobs and output were still below pre-pandemic levels, with Maui and the visitor industry still affected by the wildfire and COVID-19 impacts. He projected tourism and non-agricultural wage and salary jobs would not fully recover until 2027, and said population trends remain a concern because of aging, the likelihood of deaths outpacing births in coming years, and reliance on in-migration. After his presentation, the chair said questions would be taken later and the committee took a short break. After the break, Dr. Carano of the Hawaii Executive Director’s office presented a second outlook, saying Hawaii’s economy in 2025 looked better than 2024 overall, though he emphasized substantial uncertainty tied to the incoming federal administration. He said possible changes to tariffs, tax policy, immigration, and federal spending could raise inflation and keep interest rates higher than previously expected, which would affect housing, consumer debt, the dollar, and Hawaii’s visitor industry. He noted that U.S. visitors account for roughly three-quarters of visitor spending in the state, making federal policy especially important. He also said deregulation could be a long-term positive but would not likely have much effect in 2025 or 2026. As an additional risk, he pointed to bird flu and its effect on livestock, poultry, and egg prices. No votes or formal actions were taken during the briefing.