Video & Transcript : 'price estimates' :

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NM

New Mexico 2026 Regular Session

House - Judiciary Feb 11th, 2026

House Judiciary

Transcript Highlights:
  • I imagine there are good estimates and less good estimates for that, but pay as you go certainly ensures
  • And I would note there is a consumer price index on the cost.
  • There is a consumer price index on these caps, so it will be increasing over time.
  • People were getting priced out of their homes because the property taxes were going up.
  • and significant financial obligations are in many cases effectively priced out of public service.
Bills: HB99 , HJR5 , HM39 , HB206 , HB213 , SB41 , SB153 , SB165 , SB261 , SB264
Summary: The committee first took up House Bill 99, a medical malpractice reform measure. Sponsor Chair Chandler and Minority Leader Armstrong described months of stakeholder negotiations aimed at balancing patient compensation with concerns from physicians, hospitals, and insurers about litigation costs, punitive damages, and access to care. The committee substitute kept the existing monetary damage caps but changed several provisions, including definitions of “occurrence” and “value of medical care,” treatment of future medical expenses, a higher clear-and-convincing standard for punitive damages, a two-step process before punitive damages can be pled, and a lower punitive-damages cap for smaller providers versus a higher cap for large hospital systems. Supporters said the bill would help recruit and retain doctors and stabilize the malpractice market; opponents argued it weakens accountability, especially for corporate and out-of-state hospital systems, and several speakers urged a stronger amendment to preserve patient rights. After debate, the committee voted 10-0 to give the House Judiciary Committee substitute for HB 99 a do-pass recommendation. The committee then heard House Joint Resolution 5, which would amend the state constitution to allow legislative compensation. Sponsors and supporters said paying legislators would make service more accessible to working people, parents, rural residents, and others without independent wealth, and would broaden representation. Several advocacy groups and individual commenters backed the proposal, while members raised questions about the pay formula, with the resolution tying compensation to the state median income. Some members supported the idea but preferred a salary commission or a different mechanism. The committee approved HJR 5 on a 7-3 vote. Finally, the committee began hearing House Memorial 39, which calls for a task force to study the current state of sexual assault examination kits and report on backlog progress. Sponsor Rep. Ferrari and the New Mexico Coalition of Sexual Assault Programs explained that a prior task force a decade ago found more than 5,000 untested kits and led to policy changes, including the Sexual Assault Survivors Bill of Rights and a statewide tracking system. The memorial is intended to reassess whether backlogs remain and recommend further fixes.
HI
Transcript Highlights:
  • I do have an updated revenue estimate.
  • I do have an updated revenue estimate.
  • The cost has been taken down; the price has been driven down.
  • The cost has been taken down; the price has been driven down.
  • The cost has been taken down; the price has been driven down.
Committee: House Finance
Keywords: 910, house, all
CA
Transcript Highlights:
  • One, the incomes of high-income earners are more sensitive to changes in the economy and asset prices
  • That's estimated to save, what, $166 million a year.
  • And now we're estimating $55 billion. And they're saying that a huge portion of that was fraud.
  • Yeah, I would say the estimate of the 10% through the multi-year would be between $22 billion to $25
  • But that is their estimate, and as I understand it, they are talking to the administration right now
Summary: The Senate Budget and Fiscal Review Committee held an informational hearing on California’s Budget Stabilization Account, or Rainy Day Fund, with opening remarks focused on the state’s long history of revenue volatility and the role reserves play in smoothing downturns. The Legislative Analyst’s Office explained that California’s personal income tax base is highly volatile because high-income earners’ income is tied to capital gains and other fluctuating sources, and that Proposition 2’s current reserve rules set aside 1.5% of General Fund revenues plus a share of excess capital gains, but cap constitutional deposits at 10% of General Fund taxes. The LAO said its analysis evaluates reserve policy over decades and found the current system would cover about 30% of funding shortfalls in a 90th-percentile downturn scenario over 50 years, which is an improvement over no reserve but still inadequate. The LAO recommended raising the reserve cap substantially, ultimately to 50% by 2055, with an immediate increase to 20% and gradual increases thereafter. It also suggested either replacing Proposition 2’s deposit formulas with broader rules that capture volatility across all tax revenues or, alternatively, depositing all excess capital gains rather than only a share. The Department of Finance said the Governor’s prior proposal similarly sought to raise the cap from 10% to 20% and exclude reserve deposits and withdrawals from the state appropriations limit, arguing those two constraints limited the state’s ability to save during recent revenue surges. Other panelists and members discussed whether reserves should be paired with broader structural changes, including unemployment insurance reform, safety-net funding, infrastructure reserves, and the projected surplus temporary holding account. The California Budget and Policy Center supported reserve reform but emphasized balancing savings with current needs and noted other tools such as revenue increases, borrowing from special funds, and the new surplus-holding account. Members debated the causes and effects of Proposition 13, the appropriations limit, business departures, and whether reserve policy should be more directly tied to protecting Californians’ access to health care, food assistance, child care, and other core services. No votes or formal actions were taken, as the hearing was informational only.
CA

California 2025-2026 Regular Session

Senate Budget and Fiscal Review Committee Feb 18th, 2026

Budget and Fiscal Review

Transcript Highlights:
  • One, the incomes of high-income earners are more sensitive to changes in the economy and asset prices
  • That's estimated to save, what, $166 million a year.
  • And now we're estimating $55 billion. And they're saying that a huge portion of that was fraud.
  • Yeah, I would say the estimate of the 10% through the multi-year would be between $22 billion and $25
  • But that is their estimate, and as I understand it, they are talking to the administration right now
Summary: The Senate Budget and Fiscal Review Committee held an informational hearing on California’s Budget Stabilization Account, or Rainy Day Fund, with presentations from the Legislative Analyst’s Office, the Department of Finance, Practical Idealism Economics, and the California Budget and Policy Center. The LAO explained that California’s revenue volatility is driven largely by the personal income tax and high-income capital gains, and described how Proposition 2 deposits work, the 10% cap on the BSA, and the LAO’s evaluation that the current policy would cover only about 30% of funding shortfalls over 50 years in an unfavorable benchmark scenario. The LAO recommended raising the cap to 50% over time and either adopting broader deposit rules or depositing all excess capital gains. Finance said the administration had proposed raising the cap to 20% and excluding reserve deposits and withdrawals from the state appropriations limit. The Budget Center supported reserve reform but stressed balancing savings with current service needs and noted other tools such as revenue changes, borrowing from special funds, and the new Projected Surplus Temporary Holding Account. Committee members debated the purpose and adequacy of reserves, the role of the state appropriations limit, and whether reserves should be paired with broader fiscal reforms. Several senators argued that reserves are needed to preserve core services during downturns and that the current system is too complicated and too small, while others emphasized the need to protect spending on health care, child care, and other services for working Californians. There was also discussion of infrastructure spending as a possible countercyclical tool and whether deposits for infrastructure should be treated differently under reserve and SAL rules. The LAO said the Legislature has flexibility in defining infrastructure spending and suggested an infrastructure fund could function as a separate reserve-like mechanism. A significant portion of the hearing turned to broader tax and budget policy, including repeated references to Proposition 13, the state’s revenue structure, business departures, unemployment insurance financing, and the impact of inequality on California’s fiscal resilience. Some members argued Prop. 13 was driven by affordability concerns for homeowners, while others said it created loopholes that benefit corporations and constrain local revenue. The hearing did not take any vote or formal action; it remained informational, with the chair indicating the committee would continue questions and public comment after the panel discussion.
AZ

Arizona 2026 Regular Session

02/10/2026 - Senate Natural Resources

Senate Natural Resources Committee of Reference

Transcript Highlights:
  • We find it difficult to estimate the impact of this bill.
  • If we want Arizona families to have stable electric prices, if we want businesses to invest here, and
  • Consumer misconceptions: homeowners are often presented with estimates and significant savings, but they
  • may not fully account for the deep ...with estimates and significant savings, but they may not fully
  • This is an estimate, but just based on what I know about the district's pumping, and that's most of the
Summary: The committee heard and advanced several appropriation and policy bills. SB 1488 would appropriate $600,000 for a workforce development study on coal-impacted communities in northern Arizona, especially areas affected by the closure of Navajo Generating Station and related coal operations; supporters described it as a needed transition study, and it received a do-pass recommendation. SB 1523 would provide $340,000 to the Navajo Nation for the Ganado waterline pipeline project serving 235 homes; testimony emphasized long-standing lack of safe drinking water, and the bill also received a do-pass recommendation. SB 1041 would appropriate $500,000 to the Arizona Trail Fund; supporters highlighted the trail’s statewide recreational and cultural value, and it passed with a do-pass recommendation. SB 1447 would extend the groundwater withdrawal fee moratorium and related Pinal AMA fund provisions through 2033; irrigation district representatives said the extension would help maintain infrastructure amid Colorado River shortages, and it was also recommended do-pass. The committee also considered several regulatory bills. SB 1445 would let smaller cities and towns use approved on-site bacteriological testing equipment and limit required sampling frequency for certain ADEQ permits; the sponsor said it would save small towns money, while some members raised concerns about limiting sampling during discharge events, but the bill still received a do-pass recommendation. SB 1580 would appropriate $2.545 million for a statewide fire incident management platform for fire and law enforcement agencies; supporters said it would improve accountability, information sharing, and interoperability, while one member objected to the targeted funding approach, and the bill passed on a 5-3 vote. SB 1418 would streamline siting and permitting for small modular nuclear reactors in smaller counties, especially when co-located with large industrial users; supporters argued it would help energy reliability and rural economic development, while opponents warned it would weaken local review and environmental safeguards, and it passed 5-3. The committee took up two bills involving consumer protections and access. SB 1419 would add inspection and disclosure requirements for rooftop solar installations and restrict sales claims about estimated savings; supporters said it responded to consumer complaints about roof damage and misleading sales practices, while opponents argued it would burden rooftop solar and restrict speech. After extensive testimony, including from county officials, former ROC leadership, and solar industry representatives, the bill received a do-pass recommendation on a 6-2 vote. SB 1363 would create a rural opportunity initiative to issue additional marijuana-related licenses for underserved rural communities; supporters said it would improve access and reduce illicit-market activity, while opponents argued the bill was confusing and could expand licenses too broadly. The committee ultimately recommended the bill do pass on an 8-0 vote, with members noting possible amendments before floor consideration.
AZ

Arizona 2026 Regular Session

02/10/2026 - Senate Natural Resources

Natural Resources

Transcript Highlights:
  • We find it difficult to estimate the impact of this bill.
  • If we want Arizona families to have stable electric prices, if we want businesses to invest here, and
  • for a distributed energy generation system from making a written or oral statement regarding any estimated
  • Homeowners are often presented with estimates and significant savings, but they may not fully account
  • This is an estimate, but just based on what I know about the district's pumping, and that's most of the
CA

California 2025-2026 Regular Session

Assembly Budget Committee Jan 20th, 2026

Budget

Transcript Highlights:
  • We estimated at the time... ...put out our fiscal outlook for the upcoming budget year.
  • are $30 billion higher than our revenue estimates through the budget year.
  • The $42 billion upgrade is... ...downside risk to these revenue estimates.
  • We estimated... A lot more than $35 billion in higher revenues to eliminate that deficit.
  • Marissa Hagerman with Traton Price Consulting on behalf of Water Foundation.
Committee: House Budget
Keywords: 988, house, all
CA
Transcript Highlights:
  • It's now estimated to be above $10 billion as we end the fiscal year.
  • How much are you estimating that will raise? Have you factored in a drop-off effect?
  • Can you provide us with an estimate?
  • And that just reflects kind of the inherent challenges with estimating costs.
  • Our original estimate was around 40,000 individuals would become eligible.
Keywords: 988, house, all
US
Transcript Highlights:
  • Much of the nation's drinking water infrastructure is in need of repair or replacement, and EPA estimates
  • with less advantageous terms, say 40 years at 3% interest, over the life of this one loan alone, we estimate
  • Without meaningful grant assistance, the price of water and wastewater services would quickly become
  • 50% subsidy creates problems when actual construction costs come in and they differ from what the estimates
  • and the states differ on what laws govern that, whether you can pay ratepayer funds to replace that price
Summary: The meeting primarily focused on discussions surrounding the Infrastructure Investment and Jobs Act (IIJA) and its implications for local water systems. Various witnesses highlighted the transformative impact of the bipartisan infrastructure law, which has provided an unprecedented amount of funding to help address long-standing issues in drinking water infrastructure, particularly concerning lead service line replacements and sustainability in water management. The discussions emphasized the urgent need for federal reauthorization to continue supporting these initiatives, as many rural and disadvantaged communities still face substantial barriers in upgrading their water systems. Additionally, cybersecurity risks were noted, raising concerns over the vulnerability of water systems across the nation.
AL

Alabama 2025 Regular Session

Alabama Senate Fiscal Responsibility and Economic Development Committee Apr 16th, 2025

Fiscal Responsibility and Economic Development

Transcript Highlights:
  • It is estimated that 80 to 85% of the vape products currently sold in this state are illegal.
  • the same goal of ensuring that Alabama youth do not have access to these products through. strong pricing
  • It is estimated, as Representative Faulner... is estimated, as Representative Faulner said, that approximately
  • They're going to buy a 50 milligram gummy on the streets for the same price they could buy a 5 milligram
Keywords: 923, senate, all
FL

Florida 2025 Regular Session

April 10, 2025 - 09:00 AM

Transcript Highlights:
  • As you know, insurance is one of the big issues facing Floridians today, from skyrocketing prices to
  • Currently, they use what I’ve been told is a desktop estimate.
  • But if they’re sitting at a desk right now and they say, well, it was a desktop estimate, well, what
  • And ...right now and they say, well, it was a desktop estimate. Well, what was the real person?
  • now you tell me I can get the real value by having a contractor come out there and give me a real price
Summary: The Insurance and Banking Committee met with a quorum and heard three bills. HB 487 would authorize the CFO and State Board of Administration to invest up to 10% of certain state funds in Bitcoin, require specified custody methods, allow Bitcoin lending under rule, and create a process for accepting taxes and fees in Bitcoin. The sponsor and several proponents argued it would diversify state investments, hedge inflation, and position Florida as a leader in digital assets. Members raised concerns about volatility, security, valuation, and whether Bitcoin was being singled out over other cryptocurrencies, but the bill was reported favorably after debate and a roll call vote. The committee then considered HB 7011, an Open Government Sunset Review measure for records of insolvent insurers. The bill would continue some exemptions but make additional records public, including underwriting files, risk-solvency assessments, corporate governance annual disclosures, and the names, benefits, and compensation of insurance executive officers. There was no public testimony, and members discussed privacy and safety concerns, but the bill passed and was reported favorably. Finally, the committee heard HB 1433 on hurricane mitigation grants and insurer regulation. The bill would tighten restrictions on former executives of failed insurers, raise capital requirements for new insurers, and require mitigation credits when homeowners receive Safe Florida Home funds. An amendment was adopted to require a licensed person to make final claim-denial decisions when AI or automation is used and to prioritize filings that lower rates. Consumer advocates supported the transparency and consumer protections, while industry representatives urged caution on the AI provisions. After debate, the amended bill was reported favorably. The meeting ended with closing remarks from the ranking member, vice chair, and chair reflecting on the committee’s work and likely final meeting of the term.
ND
Transcript Highlights:
  • to something like 4.6 or 4.7 more recently, and some of that's related to the Iran conflict, oil prices
  • valuation, the price-to-earnings ratio, 20.4, actually has come down, which means that the market was
  • So today I'm just going to walk through the preliminary Legacy Fund earnings distribution estimate.”
  • Before you, you have the preliminary estimate for the 2026 value.
  • Applying the 8% results in a preliminary estimate distribution of $894.8 million.
Summary: The Legacy Fund Committee received updates from the North Dakota Retirement Investment Office (RIO) on fund performance, liquidity, in-state investments, and internal management. Scott Anderson reported strong returns for the Legacy Fund across multiple time periods, with performance exceeding the policy benchmark and expectations, driven largely by strong equity markets and effective implementation. He also reviewed private market pacing, noting commitments were on plan but that unfunded obligations and distributions were lower than expected, and presented a new liquidity analysis showing the fund had substantial capacity to meet obligations even under stressed market scenarios. The committee also discussed RIO’s internal investment program and cost savings. Anderson explained how internal management of fixed income, equity, and cash overlay strategies has reduced fees and transaction costs, while improving flexibility and portfolio construction. Members asked about staffing needs, and RIO leadership said asset growth has outpaced current staffing, with a request for additional FTEs likely coming to support investment, operations, risk, and legal functions. The committee also reviewed the Legacy Fund’s in-state investment program, including 50 South Capital and infrastructure lending, and heard that one manager’s buildout is progressing more slowly because many opportunities are still early-stage. Adam Odison presented a preliminary estimate of the 2026 Legacy Fund earnings distribution, projecting about $894.8 million under current law, with roughly $237 million to the Highway Fund and $554 million to the Property Tax Relief Fund after the sinking and interest fund allocation. Jody Smith then gave a project update on a new standalone Legacy Fund website required by statute, intended to consolidate performance, holdings, governance, fees, and use-of-funds information for the public, with a planned launch around the October State Investment Board meeting. She also raised a possible future proposal to place the Legacy Earnings Fund back under State Investment Board management so the cash could remain invested longer before being transferred out, though members noted liquidity, accounting, and bank-deposit implications would need further review. Finally, Kelvin Holden of the Bank of North Dakota reviewed the match loan program, explaining how it supports large economic development projects by pairing Bank of North Dakota loans with State Investment Board CDs. He said the program currently has about $272 million outstanding and has supported projects such as Coal Creek Station and the MDU gas line to Gwinner. Members discussed whether the program’s return is appropriate and noted a prior moratorium on new investments so the committee can revisit the policy next session. The committee then elected Senator Klein as chair and Representative Hogan as vice chair, and the meeting ended with members thanking staff and partners for the fund’s progress.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 17th, 2026

House Appropriations & Finance

Transcript Highlights:
  • But they now have a new statewide pricing agreement. ...Mr.
  • Do we know, do we have an estimate on what the need is? Yeah, Mr.
  • The estimates run anywhere from around $600 million to $1.2 billion.
  • They know we know there's a need and we know there's a statewide pricing agreement.
  • And so the estimates general fund in 2028 of 91 million, and 2029, 162 million.
Bills: HB2 , SB152
Summary: The committee heard a series of capital, bond, environmental, economic development, juvenile justice, and health care bills. Senate Bill 240, the capital outlay package, was presented as a $1.3 billion statewide appropriation, including discretionary capital projects and agency projects; after questions about CYFD projects and House/Senate capital allocations, the committee voted do pass on the committee substitute. House Bill 248, the general obligation bond package totaling about $392.5 million for senior centers, libraries, higher education, and tribal projects, also received a do pass after questions about project vetting, bond timing, and school bus funding. House Bill 80, which increases the share of oil and gas conservation tax revenue going to the Oil and Gas Reclamation Fund to speed orphan well plugging and site cleanup, drew strong support from business, environmental, and industry groups; members discussed funding balances, procurement bottlenecks, and the distinction between abandoned and orphan wells before voting do pass. House Bill 184, making technical fixes to the Conservation Legacy Permanent Fund and related distribution rules, passed with little debate. The committee also heard Senate Bill 172, which expands the TRIGGER program allowing companies to access national laboratory expertise; supporters from the labs, the governor’s office, universities, and business groups cited job creation, follow-on investment, and commercialization gains, while one senator raised concerns about the long extension of the program. The bill passed do pass. House Bill 95, creating a judge for the First and Second Judicial Districts, was described as matching a previously heard Senate bill and passed do pass. Senate Bill 165, a major juvenile justice bill, generated the most extensive debate: the sponsor said it updates the juvenile code, raises the age for certain serious offenses, extends services for youth sentenced as adults, and expands community corrections; law enforcement supported it, while the Public Defender, youth advocates, the ACLU, and a Bernalillo County commissioner opposed it, arguing it expands adult sentencing and relies too heavily on incarceration. Despite those objections, the committee voted do pass. Finally, House Bill 4, which increases the Health Care Affordability Fund distribution to support premium assistance and related coverage programs, was amended so that a portion of the premium surtax would go to the Behavioral Health Program Fund and any unexpended balance would revert to the affordability fund. Supporters from BeWell, health advocacy groups, the insurance office, and homeless services said the bill would protect coverage gains and help offset federal changes; members asked about the amendment’s effect on the behavioral health fund and the bill’s flexibility if revenues decline. The amendment was adopted, and discussion on the bill continued.
NM
Transcript Highlights:
  • per-hour wage is going to hurt a lot of our clients because a lot of them are already in the state price
  • per hour wage is going to hurt a lot of our clients because a lot of them are already in the state price
  • the Special Section 9 appropriations, it's the $61 million amount for just as I-25, with the new estimated
  • So is it safe to say that the estimated completion time for that project is now May 2027? Mr.
  • Chair, Vice Chair, Representative Huckman-Vigil, no, I'm not sure where that estimated 2027 came from
Summary: The committee first took up HB 322, as amended, which would create a transportation trust fund and transportation program fund. The sponsor explained that the amendment removed a proposed 1% gross receipts tax on electricity sales, while leaving the broader financing structure in place, including a $400 million seed appropriation and future transfers from motor vehicle excise tax revenues into the new funds and related road accounts. Associated Contractors of New Mexico and the Asphalt Pavement Association testified in support, and there was no opposition. The committee adopted the amendment and then passed the bill on a do-pass vote. The committee then heard HB 270, a public works/apprenticeship bill that would require contributions to approved apprenticeship and training programs or the Public Works Apprentice and Training Fund for certain public works projects, while preserving a zero contribution rate where no approved program exists for a classification. Supporters, including union carpenters, electrical workers, and building trades representatives, argued the bill would close loopholes, expand training opportunities, and strengthen the workforce. Opponents, including utility contractors, highway contractors, and Associated Contractors of New Mexico, argued it would raise project costs, duplicate existing federally approved training programs such as TTCP, and unfairly require payments from contractors who already train workers in-house or cannot access approved programs. Members debated whether the bill would affect existing in-house programs, rural access to training, and whether the language conflicted with existing law. An amendment to limit the bill to projects of $50 million or less was tabled, and the committee then passed HB 270 on a 6-5 do-pass vote. After the bill vote, the committee received a District 3 New Mexico Department of Transportation presentation covering project status, funding, and equipment needs in Bernalillo, Valencia, and parts of Sandoval and Socorro counties. DOT staff reviewed completed and upcoming maintenance and STIP projects, local government and school district cooperative projects, and equipment requests. Members asked about delays on the Rio Bravo Bridge project, which DOT said were caused by utility coordination issues, and about the I-25/Gibson interchange, which remains in design and development with later-year funding anticipated. The presentation also addressed specific local projects such as Paseo del Norte and Paseo del Volcán.
MN

Minnesota 2025-2026 Regular Session

Committee on State and Local Government - 03/19/26

State and Local Government

Transcript Highlights:
  • It affects their stock prices, opportunity prices, opportunities, and they'll just not open the door
  • It affects their stock prices, opportunity prices, opportunities, and they'll just not open the door
  • It affects their stock prices, opportunity prices, opportunities, and they'll just not open the door
  • It affects their stock prices, opportunity prices, opportunities, and they'll just not open the door
  • It affects their stock prices, opportunity prices, opportunities, and they'll just not open the door
Keywords: 1187, senate, all
WA

Washington 2025-2026 Regular Session

Senate Transportation Jan 22nd, 2026

Transcript Highlights:
  • FIFA is estimating 3 billion unique viewers, more than one-third of the world's population.
  • One of the concerns is that vacation homes have been bidding up the price of housing, and it's kind of
  • Replacing our aging ferry and building the necessary terminal and in-water infrastructure is estimated
  • However, the Insurance Research Council, as you've heard, has estimated that the percentage of drivers
  • That's one in seven drivers, and in Washington the percentage is estimated to be even higher.
Summary: The committee began with a work session on transportation planning for the 2026 FIFA World Cup in Western Washington. April Putney of the Seattle FIFA World Cup 26 Local Organizing Committee described the event as a statewide, 39-day tournament with six Seattle group-stage matches, additional possible matches, fan zones across the state, and major transportation impacts centered in the Seattle area, including street closures, increased I-5 traffic, and heavy use of transit, shuttles, ferries, and active transportation. She said the goal is safe, seamless mobility with 80% of stadium attendees arriving by non-personal vehicle, and noted coordination with federal agencies on border crossings and security. WSDOT’s Travis Phelps outlined roughly $25.65 million in World Cup-related funding for tunnel maintenance, traffic operations, signage and digital messaging, public transit support, ferries, and related staffing and training, emphasizing use of existing staff, overtime, and current fleets rather than new hires or vehicles. Senators asked about border staffing and ferry capacity, and WSDOT said it would follow up on ferry staffing concerns. The committee then held public hearings on several bills. SB 5839 would remove the “passenger only” limitation for county ferry districts, allowing them to support vehicle ferries; supporters from Whatcom County and the Association of Counties said the change would help aging ferry systems, improve funding flexibility, and support essential island access, while some testimony was opposed. SB 6032 would amend the secure-your-load law to allow vehicles with mud, rocks, or debris on them to be covered instead of cleaned before being towed on paved highways; the sponsor and industry witnesses said it would save time and water for construction equipment operators, and the hearing closed with strong support and little opposition. SB 5824 would clarify how fifth-wheel travel trailers are measured, allowing up to 46 feet measured from the kingpin to the rear of the trailer; RV industry, dealer, and business groups supported it as a safety-neutral clarification that would align Washington with other states and improve competitiveness, and the hearing closed with overwhelming support. Finally, SB 5864 would create an online motor vehicle insurance verification system at the Department of Licensing, require insurers to provide policy data, and use the system at registration renewal beginning in 2029 after a pilot period. The sponsor and supporters from insurers and law enforcement said the bill would reduce uninsured driving, improve roadside verification, and lower costs shifted to insured drivers, while county auditors and vehicle subagents supported the policy but warned that implementation must be technically reliable and adequately funded so renewals are not slowed. The public hearing closed with substantial support and some operational concerns raised, and the committee adjourned after the final hearing.
MA
Transcript Highlights:
  • their percentage fee increases as prices increase, including on taxes and gratuities.
  • fee increases as prices increase, including on taxes and gratuities.
  • But restaurants are not raising prices because they want to.
  • They're raising prices because they have to.
  • The estimated savings for small businesses are thin.
Keywords: 995, all
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.
WA

Washington 2025-2026 Regular Session

Senate Housing Jan 16th, 2026

Transcript Highlights:
  • Our planners have expressed a concern that this bill would create price competition for available land
  • between those commercial services that serve these communities and the high-priced single-family homes
  • These offer developers a better return for the land price but may exacerbate common rural development
  • hundreds of thousands of homes, permitting as at historic lows and families and workers are being priced
  • and the affordable price.
Summary: The committee heard Senate Bill 6026, which would require cities and counties planning under the Growth Management Act with populations of 30,000 or more to allow residential uses in commercial and mixed-use zones and bar local governments from requiring ground-floor commercial or retail as a condition of housing approval, with exemptions for certain sensitive areas and a carve-out for transit-oriented development station areas. The prime sponsor, Senator Alvarado, and supporters from the governor’s office, Commerce, housing advocates, developers, and major employers argued the bill would unlock underused land, reduce costs, and help address the state’s housing shortage. Opponents and local government representatives from small towns, counties, and cities said the bill could harm commercial corridors, small businesses, tax base stability, and local planning flexibility, and asked for narrower exemptions or additional carve-outs. No vote was taken on SB 6026 during the hearing. The committee then held executive action on Senate Bill 5937 and Senate Bill 5938. SB 5937, dealing with smart access systems and tenant privacy, was amended to clarify that keypad-only entry is not covered, require written privacy policies within five days of installation, and add operational purposes to allowable data collection; the committee adopted the amendment and advanced the bill with a due pass recommendation. SB 5938, which changes the foreclosure prevention fee and directs a Commerce study on a state homeowner assistance fund, was also amended to extend the study deadline and related expiration date; the committee adopted the amendment and moved the bill forward with a due pass recommendation. The committee then heard Senate Bill 6018, which would expand and modernize the Washington State Housing Finance Commission’s authority, including allowing direct mortgage lending to borrowers, extending bond counsel selection cycles, removing advance notice requirements for bond issuance, and repealing an outdated housing finance plan/program. The sponsor and the commission said the bill would improve efficiency and create new financing tools for affordable housing, while banking groups said they supported the goal but wanted clearer limits to ensure the commission would not enter first-mortgage lending for homebuyers. The sponsor and commission said they would work on clarifying language. Finally, the committee heard Senate Bill 6027 and Senate Bill 6028. SB 6027 would expand the use of local housing sales taxes and the Affordable Housing for All account to support operations, maintenance, rehabilitation, and preservation of existing affordable housing, update REET exemption timing, and align the definition of emergency housing with the Growth Management Act; local governments, housing providers, and advocates strongly supported the bill as a way to preserve existing housing amid rising costs and federal funding uncertainty. SB 6028 would create a revolving loan fund administered by the Housing Finance Commission to finance mixed-income affordable homeownership projects with long-term affordability covenants; the sponsor said it would help builders who have entitled sites but face high capital costs, and the hearing began with staff briefing and sponsor testimony, with questions from members starting as the transcript ended.
MN

Minnesota 2025-2026 Regular Session

Committee on Housing and Homelessness Prevention - 01/28/25

Housing and Homelessness Prevention

Transcript Highlights:
  • affordable price points.
  • </c><00:37:20.800><c> range</c> direction uh inventory by price range direction uh inventory by price
  • lower more affordable price points uh lower more affordable price points that's<00:37:37.599><c> an</
  • <00:42:14.359><c> home</c> priced home priced home $345,000<00:42:17.359><c> uh</c><00:42:17.720><c>
  • The price was $424,000.
Keywords: 1187, senate, all
AZ

Arizona 2026 Regular Session

01/21/2026 - House Appropriations

House Appropriations Committee of Reference

Transcript Highlights:
  • compared to the executive baseline revenue estimates.
  • Those are the executive's estimates, and as we always do, ...executive's estimates, and as we always
  • And then we can do estimates for budgeting purposes for that.
  • We are actually estimating that we need a supplemental in ADE of $47 million.
  • We are actually estimating that we need a supplemental in ADE of $47 million.
Summary: The Committee of Appropriations met on January 21, 2026, and first considered House Bill 2116, which would appropriate $1 million in fiscal year 2027 to the Colorado River Litigation Fund. The sponsor and Arizona Department of Water Resources both supported the bill, describing it as a backup measure to protect Arizona’s Colorado River entitlements if post-2026 negotiations among the basin states fail. Members discussed how the bill relates to the governor’s separate Colorado River Protection Fund proposal, and staff clarified the two funds serve different purposes. The committee approved HB 2116 on a 17-1 roll call vote. The committee then took up House Bill 2053, which would provide $100,000 for updated stormwater recharge mapping and expand the work beyond state trust lands to private lands. An amendment in the chair’s name was adopted to extend the coordination timeline, broaden the agencies involved, and revise language about mapped sites and appropriable surface water. The sponsor said the bill is intended to identify more places to capture stormwater for recharge rather than letting most rainfall evaporate. ADWR testified neutrally, supporting the mapping effort but raising a concern about language that could be read as requiring the department to determine whether water is appropriable, which it said is a legal question for the courts. The amended bill passed 11-7. House Bill 2148, as amended, was then heard and approved 11-7. The bill would give the legislature authority to appropriate non-custodial federal monies and set requirements for those appropriations. The chair’s amendment excluded federal research grants to universities, university employees, and the Arizona Board of Regents. The sponsor framed the bill as a transparency measure, saying the legislature should know how federal funds are being spent. No outside testimony was offered, and the committee approved the measure after debate about legislative oversight of federal funds. After the bills, the committee received a lengthy JLBC presentation comparing the executive budget with the JLBC baseline. Discussion focused on revenue forecasts, tax conformity, sports betting, lottery and tourism revenue assumptions, SNAP administrative costs and error-rate penalties, developmental disability and Access caseload growth, and K-12 enrollment and ESA spending. Members repeatedly questioned the executive budget’s use of one-time funding for ongoing costs, especially for SNAP administration and DES staffing, and expressed concern about rising supplemental needs and the lack of long-term budget capacity. No votes were taken on the presentation.