Video & Transcript : 'inflation impacts' :

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MN

Minnesota 2025-2026 Regular Session

House Transportation Finance and Policy Committee 4/11/25

Transportation Finance and Policy

Transcript Highlights:
  • We did the impact assessment.
  • Infrastructure also directly impacts safety and quality of life.
  • </c> impacts safety and quality of life. impacts safety and quality of life.
  • Um so we believe uh emission impacts.
  • I'll gas emissions impact assessment.
Bills: HF2438
WA

Washington 2025-2026 Regular Session

House Appropriations Feb 6th, 2026 at 10:30 am

Appropriations

Transcript Highlights:
  • The two-year NGFO impact is estimated at $194,000 and the four-year impact is $573,000.
  • It has no impact on Medicaid.
  • There is no general fund impact.
  • There is no general fund impact.
  • Fiscal impacts are indeterminate.
CA

California 2025-2026 Regular Session

Senate Budget and Fiscal Review Committee Jun 15th, 2026

Budget and Fiscal Review

Transcript Highlights:
  • And during that time, inflation was really quite low, except just for the last two years.
  • So the impact of Medi-Cal losses is very severe.
  • Enormous impact on people, on counties, on the whole state, on families, on communities.
  • Have you modeled the aggregate fiscal impact on counties from this budget and H.R. 1?
  • I remain very concerned about the impact of CARB's decision.
MO

Missouri 2026 Regular Session

Budget Feb 12th, 2026

Transcript Highlights:
  • It's hard to measure the direct impact.
  • But as you said, we do see impacts of broadband availability.
  • It's hard to measure the direct impact.
  • But as you said, we do see impacts of broadband availability.
  • You know, impacts of broadband availability.
Summary: The House Budget Committee heard the Department of Economic Development’s fiscal year 2027 budget presentation, beginning with Director Michelle Hadaway and division leaders. The department emphasized that most of its budget is federally funded and walked through requests for regional engagement, international trade and investment offices, business recruitment and marketing, Delta Regional Authority dues, business and community solutions, tax increment financing, MODESA, DRPP, CDBG, disaster recovery, Missouri Main Street, AmeriCorps, Missouri One Start, the Missouri Technology Corporation, semiconductor and API reshoring efforts, SSBCI, and other economic development items. Members repeatedly asked about lapses, one-time appropriations, whether general revenue could be reduced or replaced with other funds, and how the department prioritizes federal and other non-GR sources. Several members also praised regional engagement, Missouri Partnership, and rural economic development efforts. A major portion of the discussion focused on specific one-time or performance-based projects. Members questioned the large GR transfer for TIFs and MODESA, the use of funds for the Urban League plaza renovation, the Northeast Missouri housing fund, the Highway MM corridor, and the Missouri Technology Corporation. Department witnesses explained that many of these amounts are based on projected performance or are tied to multi-year obligations, and that some unspent balances reflect project timing, federal reimbursement timing, or delayed construction. The committee also discussed the Missouri Main Street program, with staff explaining it supports both new and existing Main Street communities and can be adapted for county-wide models. The committee spent significant time on workforce and innovation programs. Missouri One Start described its customized training and upskilling programs, including a statutory fund switch to align with existing law, while members asked for more data on participation and impact. Missouri Technology Corporation explained that reduced funding last year limited some entrepreneur-support programs, and that its venture fund has leveraged state dollars into private capital and jobs. Members also discussed the API reshoring item and semiconductor funding, asking what the money would do, what companies would benefit, and how much federal leverage the state could expect. Witnesses said the API request supports a nonprofit center working with existing Missouri companies to reshore pharmaceutical production, while the semiconductor item is tied to federal matching opportunities that have moved slowly. The committee did not take final action on the budget during the portion of the hearing provided. The chair recessed the committee to go to session, stating that the hearing would resume afterward and that public testimony on House Bill 2007 would follow completion of the department presentation.
WA

Washington 2025-2026 Regular Session

House Health Care & Wellness Feb 20th, 2026

Transcript Highlights:
  • I'm hoping ESSB 6210... ...crisis, and it's one of the first places that it's going to impact people.
  • I would like to share a patient's story with you of the impact of this program.
  • In July 2025, Berkeley Research Group published a brief on the fiscal impact of the 340B drug pricing
  • It is having an impact on small businesses in particular.
  • As you have heard, about $218 million is the Washington State-specific impact to employers.
Summary: The committee heard public testimony on several health-related bills. SB 5904 would restrict nursing titles such as RN, NP/ARNP, and LPN to licensed human people and prohibit non-human entities, including AI chatbots, from using those titles. The sponsor and nursing advocates said the bill is meant to prevent confusion and protect public trust, while preserving the use of AI as a support tool. SB 5877 would add a $70 surcharge for certified anesthesiologist assistants so they can participate in the Washington Physicians Health Program and access HealWA resources; supporters said it closes a technical gap and aligns CAAs with other medical professions. SB 5185 would create a pilot pathway for certain international medical graduates with clinical experience licenses to obtain full primary care licensure; supporters from the medical commission, physicians, and IMG advocates said the program has worked well, has shown no patient safety issues, and could help address workforce shortages. The committee also heard extensive testimony on ESSB 6210, which would let the Health Benefit Exchange adopt additional market-factor certification criteria for exchange plans, including standards aimed at preserving access and affordability in underserved counties. Supporters, including the exchange, OIC, consumer advocates, tribal representatives, and patient groups, said the bill is needed to respond to federal policy changes, rising premiums, and disappearing coverage in places like San Juan County. Opponents from carriers and employer groups argued the timeline is too fast, the criteria are too discretionary, and the bill could reduce competition and raise costs. The committee then heard SB 5981, which would strengthen protections and reporting requirements for the federal 340B drug pricing program and limit manufacturer restrictions on contract pharmacies and data requests. Hospitals, clinics, and patient advocates said the bill protects safety-net care and rural access, while manufacturers, employers, and business groups argued it would expand a program that already raises costs and lacks transparency. In executive session, the committee took action on SB 5917, related to Department of Corrections distribution of abortion medications, rejecting five proposed amendments and then advancing the bill on a 10-6 vote with three excused. The committee also advanced SB 5988, which concerns Department of Health opioid treatment program accrediting activities, on a do-pass recommendation after brief discussion.
NM

New Mexico 2025 Regular Session

IC - Revenue Stabilization and Tax Policy Dec 16th, 2025 at 09:08 am

Revenue Stabilization & Tax Policy Committee

Transcript Highlights:
  • Taxes aren't real sexy, and yet they've impacted us in each individual way.
  • About 30 million to the state was part of the fiscal impact. Report last session.
  • Just two quick questions: How many docs or people are going to be impacted by this?
  • Senator, when we extend a sunset, there is a new fiscal impact.
  • So if you put a cap on it, that allows you to tie it to inflation.
KY
Transcript Highlights:
  • So the impact there is a financial burden here if Senate Bill 41 continues to move forward.
  • So the impact there is a financial burden here if Senate Bill 41 continues to move forward.
  • So the impact there is a financial burden here if Senate Bill 41 continues to move forward.
  • The impact there is a financial burden here if Senate Bill 41 continues to move forward.
  • </c> population, but their ability to impact population, but their ability to impact themselves<00:52
Summary: The committee first took up Senate Bill 11, a proposal to create a matching-grant program for neighborhood storm shelters in rural Kentucky. Sponsor Steve Meredith and supporters from the Kentucky League of Cities and the City of Morgantown said the idea was to use FEMA-style funding to help residents who live far from community shelters, noting that in some rural counties it can take 30 to 45 minutes to reach a shelter during severe weather. The committee adopted the substitute and passed the bill 11-0, with no nay votes. The committee then considered Senate Bill 41, which would require a ballot referendum whenever a taxing entity raises property taxes more than 4 percent, rather than relying on the current petition process. Sponsor Gary Boswell said the bill would give taxpayers more direct control and argued that local governments should simply avoid raising taxes above the threshold. Superintendents from Rockcastle and Casey counties opposed the bill, saying it would weaken local control, add election costs, delay budgets, and make it harder for school districts to keep up with inflation, insurance, transportation, and construction costs. After debate, the committee passed the bill 7-3 with favorable expression. Next, the committee heard Senate Bill 59, which would add criminal penalties to KRS 65.013, the law barring public funds from being used to advocate for or against ballot questions. Sponsor Steve Rawlings said the measure was prompted by reports of school officials using public resources to oppose a 2024 ballot issue and argued the law needs real enforcement to protect taxpayers and election integrity. Members raised concerns about First Amendment issues and the bill’s gray areas, especially for public employees speaking on their own time; Rawlings said the substitute removed volunteer references, allowed balanced issue debates, and clarified that employees acting on their own time and resources would not be prohibited. The committee passed the bill 8-3 with favorable expression. The committee also began hearing Senate Bill 57, as substituted, from Senator Danny Carroll. The bill would create a nuclear-ready site readiness pilot program under the Kentucky Nuclear Energy Development Authority, with up to three projects receiving up to $25 million each to help cover early site permitting and related licensing costs. Carroll, along with witnesses from the UK Center for Applied Energy Research and the Public Service Commission, said the goal is to build a nuclear energy ecosystem in Kentucky, with safeguards including surety bonds, deadlines, and cost-recovery provisions. The discussion was still underway when the transcript ended.
LA

Louisiana 2026 Regular Session

Judiciary Mar 19th, 2026

Judiciary

Transcript Highlights:
  • No, never adjusted for inflation. There are many things that the justice...
  • Never adjusted for inflation.
  • So then the victim gets on the stand for victim impact.
  • That we have for public defense, the impact that's going to have on representation.
  • Because it is going to impact the funding agencies like the public defenders.
Bills: HB9 , HB10 , HB16 , HB44 , HB46 , HB61 , HB101 , HB126 , HB153 , HB164 , HB233 , HB242 , HB436 , HB455 , HB571 , HB594
Committee: House Judiciary
WA

Washington 2025-2026 Regular Session

Senate Floor Session Feb 16th, 2026 at 01:00 pm

Washington Senate Floor Meeting

Transcript Highlights:
  • I appreciate the gentleman's discussion of our tax code and the impacts to small business.
  • This will impact kids, we mentioned today.
  • They will be impacted because they are typically LLCs, S-corporations, or partnerships.
  • This is going to impact them.
  • Supporters of this bill seem to think there will be no impact. But as you know, Mr.
FL

Florida 2026 5th Special Session

Judiciary Feb 3rd, 2026

Transcript Highlights:
  • And so it would beg the question that clearly we, with inflation since 2010 and CPI, need to do some
  • It is a reflection of natural increase in inflation since the last time the changes were made.
  • It is a reflection of natural increase in inflation since the last time the changes were made.
  • and data networks are reliant on adversary-linked entities, the result is threat vectors that may impact
  • Its implications raise concerns about the impact on organizations and communities that are not conservative
Summary: The Judiciary Committee heard a long agenda of bills, beginning with several probate, civil rights, and claims measures. Senators Burgess’s SB 326 on curators of estates was explained as a modernization of probate law; an amendment narrowing the bill was adopted, and the committee reported the bill favorably 10-0 after limited public testimony, including opposition from Ray Contreras. Burgess’s SB 1096, clarifying filing deadlines under the Florida Civil Rights Act, also passed unanimously 11-0. The committee then approved several claims bills, including SB 28 for Reginald Jackson against the City of Lakeland, SB 6 for a child injured after DCF’s handling of abuse allegations, SB 18 for the estate of McKenzie Navarre against the Broward County Sheriff’s Office, SB 26 for the estate of Mark Legata against FDOT, and SB 2 for the estate of Daniel Maudsley against DHSMV, with votes ranging from 10-1 to 11-0 and mostly no debate or opposition. The committee also took up trust and family-law related bills. Leader Berman’s SB 786 created a nonjudicial process for closing uncontested trusts and discharging trustees; after a technical amendment and testimony from Ray Contreras raising notice concerns, it passed 11-0. President Gates’s SB 50 expanded veterans’ courts statewide, drew broad support from veterans’ groups and advocacy organizations, and was reported favorably 11-0. Senator Simon’s SB 538 standardized extracurricular participation rules for public, private, virtual, and homeschool students; after multiple amendments on homeschool eligibility, fees, and coach compensation, it passed 11-0 with support and opposition from education-related groups. President Gates’s SB 1004, aimed at consumer protections in the sale of dogs and cats, also passed unanimously after testimony from humane organizations. The committee then considered broader policy bills. President Pro Tem Brodeur’s SB 1366 on claims against the government proposed raising sovereign immunity caps and adding CPI adjustments; local government, hospital, and school representatives supported the Senate’s lower-cap approach while warning against the House version, and the bill was reported favorably 11-0. Senator Jones’s SB 178 on athletics in public K-12 schools, as amended, would let head coaches provide limited personal support to student-athletes and require reporting of assistance; it passed 10-0. Senator Grohl’s SB 1178 on foreign influence and foreign countries of concern drew extensive supportive testimony from national security witnesses and was reported favorably 11-0 after a technical amendment and withdrawal of another amendment. Finally, SB 1632 on ideologies inconsistent with American principles prompted substantial debate and public testimony over domestic terrorism designations, Sharia law references, due process, and free speech concerns; the committee had not yet completed final action on that bill when the transcript ended.
ND

North Dakota 2025-2026 Regular Session

Senate Floor Session Apr 10th, 2025 at 12:30 pm

North Dakota Senate Floor Meeting

Transcript Highlights:
  • powerful ways to make Especially through education, is one of the most powerful ways to make a lasting impact
  • It also adjusts this for inflation, so as prices go up, our dollar amount will go up with it.
  • It indexes it to inflation. This is a good bill.
  • of our funding and increased that, considering the COVID pandemic and the dramatic increases in inflation
  • proposes a study to examine additional criminal justice fees to determine their collection rate and the impact
Summary: The Senate opened with prayer, the Pledge of Allegiance, and a quorum call, then approved journal corrections and moved to elect Senator Kyle Davison as President Pro Tem. Davison was nominated, elected by unanimous ballot, escorted to the rostrum, sworn in, and gave remarks thanking his family, colleagues, and faith, emphasizing relationships, service, and stewardship. The chamber also recognized National Public Health Week with a floor statement honoring public health workers and training programs, and that statement was ordered printed in the journal. The Senate then considered several House bills, beginning with HB 1485, which increases the personal needs allowance for Medicaid residents in certain facilities by $15 per month and indexes it to inflation; the amendment was adopted and the bill passed 46-1. HB 1018, the State Historical Society budget, was amended to adjust one-time and ongoing funding for museum exhibits, repatriation compliance, archives storage, local historic grants, and the military gallery project, then passed 42-0 with one senator excused from voting due to a conflict. HB 1181, defining gender in state code as an individual’s sex and removing a broader application section, passed 41-6. HB 1144, adding a penalty and enforcement mechanism related to transgender student accommodations and restroom use in public schools, passed 40-7 with its emergency clause. The Senate also passed HB 1600, creating an immigration law clinic at the University of North Dakota School of Law and shifting its funding to the strategic investment and improvements fund, by 34-13. HB 1019, the Parks and Recreation budget, was amended to fund deferred maintenance, technology, sewer work, matching grants, and other park projects, add language requiring legislative approval for new or renamed state parks, and clarify use of the Teddy Roosevelt Presidential Library line of credit; a proposed amendment to remove funding for the International Peace Gardens cactus conservatory failed 20-27, and the bill then passed 39-8. HB 1417, dealing with parole/probation violations, court fees, and a study of criminal justice fees, passed 40-7 after amendments. The most extensive debate centered on HB 1450, which would require parent or guardian access to a minor’s medical exam room and notice of questions asked of the minor, with exceptions for emancipation and suspected abuse or trafficking. Supporters framed it as a parental rights and transparency measure, while opponents warned it could hinder screening for abuse, neglect, mental health concerns, and confidential care; multiple senators shared personal experiences on both sides. A proposed amendment to narrow the bill failed 21-26, and the transcript ends amid continued debate on the bill itself, with no final vote shown in the excerpt.
NM

New Mexico 2025 Regular Session

IC - New Mexico Finance Authority Oversight Aug 11th, 2025

New Mexico Finance Authority Oversight Committee

Transcript Highlights:
  • industry impacts, specifically to the credit financial capacity.
  • Health care credits with the impact of the recent legislation that passed.
  • So the impact on the bond market has been generally positive, and I think that is in anticipation.
  • On the one hand, inflation is bad.
  • So far, the impact of the sort of exploding debt hasn't really come, hasn't.
MN

Minnesota 2025-2026 Regular Session

Committee on Education Policy - 01/29/25

Education Policy

Transcript Highlights:
  • </c> they're worried that this is impacting they're worried that this is impacting their<00:14:41.800
  • Yes, that's an administrative burden, but the more serious impact of that current process is that it
  • impact teachers of color<00:54:48.480><c> uh</c><00:54:48.599><c> Career</c><00:54:48.920><c> and</c
  • </c><01:13:25.320><c> in</c> specific issues that are impact in specific issues that are impact in people's
  • </c> going to see the economy and inflation going to see the economy and inflation go<01:55:56.560><c
NH

New Hampshire 2026 Regular Session

Senate Ways and Means (04/22/2026)

Ways and Means

Transcript Highlights:
  • Nursing homes were forced to reduce staffing, and the impact on residents was really hard.
  • on residents was staffing and the impact on residents was really<00:06:59.120><c> hard.
  • </c><00:14:50.079><c> on</c> being sort of the potential impact on being sort of the potential impact
  • So, it's less of an impact. >> Correct.
  • It takes effect immediately, but it has absolutely no fiscal impact because it's a prorated tax.
NM
Transcript Highlights:
  • And then the rest of that number is just as we see increases with inflation and what we're paying for
  • On slide six, I just wanted to talk a little bit about our program impacts.
  • And so that net impact is about 13 percent.
  • Do we still have inflation going on in road construction? We saw a 30% rise in cost of roads.
  • So it's something that impacts every New Mexican, and it's one of our biggest economic drivers.
CA
Transcript Highlights:
  • The increase reflects the significant impact of the recent new requirements, along with related inclusion
  • Just to give you a sense for the impact, at least on the state preschool side, many of our programs layer
  • So it would have a tremendous impact on programs.
  • Research shows that two years of preschool has significant impacts compared with one year, particularly
  • Research shows that two years of preschool has greater impacts than one year, particularly for children
Summary: The hearing focused on California’s early learning and care system, including the Master Plan for Early Learning and Care, universal preschool access, and the state’s transitional kindergarten (TK) expansion. Administration officials said California has made progress toward universal TK for all four-year-olds and expanded access for low-income three-year-olds, children with disabilities, and some two-year-olds in state preschool. The Department of Social Services highlighted ongoing work on quality improvement and a single rate structure, while the Department of Education emphasized continued investments in UPK infrastructure, inclusion, and teacher development. Testimony from advocacy groups stressed that access remains uneven, especially for infants, toddlers, and three-year-olds, and that federal threats to Head Start could significantly disrupt services in California. Witnesses and committee members discussed several policy recommendations for preschool and state preschool programs, including consolidating part-day and full-day contracts, simplifying eligibility priorities, eliminating some family and licensing fees, allowing self-attestation of income, making the two-year-old preschool option permanent, and basing funding on enrollment and the true cost of care. A parent from Contra Costa described losing child care after moving counties for safety reasons, illustrating delays and fragmentation in the system. Providers in public comment argued that reimbursement rates are too low and that better pay and retirement and health benefits are needed to stabilize the workforce. The second panel addressed the governor’s January budget proposal to fully implement universal TK and reduce TK class ratios from 12:1 to 10:1. The Department of Finance said the budget would add about $2.4 billion to serve all eligible four-year-olds and $1.5 billion for the lower ratio. The Legislative Analyst’s Office said its enrollment and cost estimates were lower than the administration’s and projected the ratio change would cost less than proposed. The Department of Education and the Learning Policy Institute reported that TK enrollment and staffing have grown, most districts now offer TK, and many are on track to meet new teacher requirements, but facilities, staffing, and expanded learning remain challenges. Committee members raised concerns about access at all school sites, the need for more full-day options, and the risk that TK expansion could crowd out CSPP and Head Start space.
OK
Transcript Highlights:
  • but I'm sure that's... you know, as I recall, I believe even on this one, it's a fairly significant impact
  • Ashley's impact has instead has. Ashley’s impact extended beyond her home and into her community.
  • I think that Social Security awarded a COLA based off of inflation.
  • So based on your observation about the impact of COLAs in this body awarding COLAs, wouldn't you agree
  • by inflation per se. Thank you for the question. This legislation doesn't do that.
MO

Missouri 2026 Regular Session

Ways and Means Feb 9th, 2026

Ways and Means

Transcript Highlights:
  • Because the way this bill works is it captures spending to what you did the prior year plus inflation
  • Year, plus inflation, plus any population growth. You can't spend a dime more than that.
  • So in the fiscal note, it shows no impact on local government.
  • So in the fiscal note, it shows no impact on local government.
  • I would have to go back and have our vendor take a look at the impact of what that might be.
Summary: The committee first took up House Joint Resolution 169, which would cap spending growth and was described by supporters as a taxpayer protection measure. Representative Taylor opposed it, arguing the legislature was already considering too many tax-related measures at once and lacked a broader strategy. The sponsor said the resolution was about limiting spending, not taxes, and offered a committee substitute that added fees and surcharges into the baseline and addressed tax credits. After discussion, the substitute was adopted and the committee voted the House Committee Substitute for HJR 169 do pass, with Taylor and Strickler voting no. The committee then heard House Bill 2819, which would allow rounding of cash transactions now that pennies are no longer being produced. The sponsor explained a committee substitute added safe-harbor language to protect merchants from lawsuits over rounding errors. Members asked about the rounding rules and confirmed the bill remained permissive rather than mandatory. The committee adopted the substitute and then voted the House Committee Substitute for HB 2819 do pass unanimously. House Bill 2746, sponsored by Representative Williams, would create a property tax map feature on the Department of Revenue website showing current levies and assessed values to improve transparency. Supporters said it would help homeowners compare assessments and understand property tax differences, while opponents and agency witnesses raised concerns about the large startup cost, estimated at about $7 million, the need to gather data from many counties, and the fact that some counties already provide similar information. The Department of Revenue and State Tax Commission witnesses said the data would be difficult to compile statewide and that local participation and data standards vary widely. The bill was heard, but no vote was taken in the transcript. Finally, the committee heard House Bill 2329, which would gradually reduce the assessment ratio for personal property from about 33 1/3% to 18% over three years. The sponsor argued the tax is burdensome, especially for working families and businesses, and said it would encourage a broader shift away from personal property taxation. Supporters echoed that it is a highly visible and unpopular tax. Opponents, including a county assessor, warned the bill would sharply reduce local tax bases, especially in rural counties, and likely force levy increases on real property or cuts to schools and other districts. The hearing ended without a committee vote on HB 2329.
MO

Missouri 2026 Regular Session

Ways and Means Feb 9th, 2026

Ways and Means

Transcript Highlights:
  • Because the way this bill works is it captures spending to what you did the prior year plus inflation
  • Year, plus inflation, plus any population growth. You can't spend a dime more than that.
  • So in the fiscal note, it shows no impact on local government.
  • . ...but spoke about the local impact.
  • I would have to go back and have our vendor take a look at the impact of what that might be.
MN
Transcript Highlights:
  • we've had a structural deficit in the out years, the planning years, of $2.4 billion, that's without inflation
  • we've had a structural deficit in the out years, the planning years, of $2.4 billion, that's without inflation
  • that are coming from Washington, D.C., the chaos and the likely cuts coming from Congress that will impact
  • </c><00:02:08.879><c> food</c><00:02:09.280><c> for</c> Congress that will impact food for Congress that
  • will impact food for people,<00:02:10.319><c> health</c><00:02:10.479><c> care</c><00:02:10.800><c>