Video & Transcript Research : 'closing costs'

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MN

Minnesota 2025 1st Special Session

House Commerce Finance and Policy Committee 3/12/25

Commerce Finance and Policy

Transcript Highlights:
  • losses how do those get paid rising cost losses how do those get paid rising cost of<00:24:11.000
  • <00:59:41.240> was<00:59:41.400> a like the the cost was a like the the cost was a
  • is move away from replacement cost is move away from replacement cost coverage<01:26:21.199>
  • , the HOA cost is $400.
  • of my house about $800,000 the HOA cost of my house about $800,000 the HOA cost<01:29:51.080> is<
Bills: HF1865, HF2014, HF2028
AL

Alabama 2026 1st Special Session

Alabama Senate Fiscal Responsibility and Economic Development Committee Jan 28th, 2026

Fiscal Responsibility and Economic Development

Transcript Highlights:
  • The whole point is if you have a franchise agreement and you are currently able to close, many of you
  • If you already have the ability to be closed on your sincerely held religious holidays, it allows you
  • , many of you are currently able to close, many of you have<00:03:18.480> read<00:03:18.640>
  • If you already have the ability to be<00:03:35.440> closed<00:03:35.920> on<00:03:36.239
  • be closed on your sincerely held religious<00:03:38.720> uh<00:03:38.959> holidays,<00
Bills: SB138, SB166, SB117
US

US Federal 2025-2026 Regular Session

Hearings to examine insurance markets and the role of mitigation policies. May 1st, 2025 at 09:00 am

Banking, Housing, and Urban Affairs Committee

Transcript Highlights:
  • Overall, this is a devastating burden that can cost thousands of dollars on top of all the other costs
  • Trump's tariffs will cost the average homeowner over $100 a year in extra insurance costs. the Federal
  • In some areas, costs are even higher.
  • So the primary cost factors for rising homeowners insurance costs, it's primarily...
  • And we work closely with them.
Summary: The meeting reviewed critical issues surrounding the rising costs and accessibility of homeowners insurance across the United States, particularly in light of increasing natural disasters linked to climate change. Members engaged in extensive discussions regarding the implications for families and the economy, citing significant increases in premiums and decreasing availability of policies in high-risk areas. Supervisor Peysko highlighted the direct impact of federal policies on local communities, emphasizing the growing burden on homeowners as they face skyrocketing insurance costs amidst a backdrop of environmental challenges and regulatory constraints. The committee expressed a unified call to action for bipartisan solutions, focusing on improving building codes and enhancing disaster preparedness measures.
HI

Hawaii 2026 Regular Session

EEP-HSH Joint Public Hearing - Tue Feb 10, 2026 @ 9:00 AM HST

Energy & Environmental Protection

Transcript Highlights:
  • I'm not convinced all the downstream costs of having our one refinery closed have been fully considered
  • I'm not convinced all the downstream costs of having our one refinery closed have been fully considered
  • costs of having our one refinery<01:21:39.280> closed<01:21:39.600> have<01:21:39.840>
  • huge stranded costs. huge stranded costs.
  • <02:02:47.280> energy different cost like the cost of energy different cost like the cost
Bills: HB2284
Summary: The hearing covered House Bill 2284, which would create the Hawaii Home Energy Assistance Program in the Department of Human Services to help qualifying households pay energy bills and direct the Public Utilities Commission’s public benefits fee administrator to provide information and assistance to recipients. Testimony from the Division of Consumer Advocacy, DHS, and the Public Utilities Commission was in support. A committee member asked about how the program would interact with existing TANF-related energy assistance and whether rules could be adjusted to avoid duplicative benefits; DHS said logistics would need to be worked out and that the agencies would make the rules. The committees noted the bill’s $1.5 million appropriation and moved it forward with amendments, including blanking out amounts and noting them in the committee report. Both committees voted to pass HB 2284 with amendments, with the recommendation adopted. The committee then heard House Bill 2486, relating to plug-in or balcony solar. DCCA, the Climate Change Mitigation and Adaptation Commission, and the Public Utilities Commission stood on prior testimony in support of the bill’s intent. Multiple advocates and organizations, including Carbon Cashback Hawaii, 350 Hawaii, Bright Saver, Sierra Club of Hawaii, and others, testified in support, arguing that plug-in solar would lower electricity bills, expand access for renters and condo residents, and reduce emissions. Several speakers urged the committee to remove or avoid registration, reporting, feed-in tariff, interconnection fee, and other requirements they said would create barriers. Bright Saver testified that the systems are safe and would not back-feed during outages. No vote was taken on HB 2486 during the excerpt. Finally, the committee heard House Bill 1568, which would prohibit the importation or storage of LNG in the state and the construction of related infrastructure. State agencies including the Consumer Advocate, Hawaii State Energy Office, Public Utilities Commission, and Hawaiian Electric opposed the bill, with the Energy Office arguing LNG would perpetuate oil use on Oahu and expose the state to price volatility. Supporters included Life of the Land, Sierra Club of Hawaii, Greenpeace Hawaii, 350 Hawaii, Earthjustice, Our Hawaii, and others, who argued LNG would lock Hawaii into another fossil fuel dependency, create major infrastructure costs and safety risks, and undermine the state’s renewable energy goals. Several testifiers cited climate and affordability concerns and urged the committee to reject LNG. The excerpt ends during testimony on HB 1568, before any committee action or vote is shown.
ND

North Dakota 2025-2026 Regular Session

House Appropriations - Education and Environment Division Apr 9th, 2025 at 10:30 am

Appropriations - Education and Environment Division

Transcript Highlights:
  • So I know Representative Sanford is very close on his, and we're close on ours.
  • Representative Sanford is very close on his, and we're close on ours.
Bills: SB2019, HB1369
Summary: The committee met to finalize and advance the Career and Technical Education budget in Engrossed Senate Bill 2019. Representative Richter walked through Amendment 2004, which included increases for salaries and wages, inflationary operating expenses, a $2.5 million federal grant increase, $12.7 million for secondary grant programs and related work-based learning support, a $100,000 increase for Marketplace for Kids, and removal of the STEM initiative and adult farm management from the CTE budget because that program funding was moved to the Department of Agriculture. The amendment also included $750,000 for workforce training branch office positions and set the total general fund appropriation at $64 million. Members also discussed a $1 million virtual reality career exploration item, which remained in the bill but was shifted to SIF one-time funding. A new $150,000 one-time general fund appropriation was added for CTE moving expenses because the agency must relocate after Legislative Council expands into its current space. Committee members noted that amount may need to be revisited in conference committee once more accurate relocation and rent costs are known. Levi from legislative staff explained that the exemption language in the bill applies to remaining coronavirus capital projects fund dollars for CTE center construction, allowing those federal funds to be spent before they expire. The committee adopted Amendment 2004 on a 5-0 roll call and then passed Engrossed Senate Bill 2019 as amended on a 5-0 roll call. Representative Richter was named the carrier, and the committee adjourned after noting that higher education and congressional budgets were the remaining items to resolve.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Mar 24th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • rather than financing costs.
  • Hard costs are rising, borrowing costs are rising, and it's getting really difficult to pencil these
  • At a lower cost because so much housing is not being able to close right now due to interest rates and
  • construction costs.
  • The first one is Chainalysis, and Chainalysis can cost up to close to a hundred thousand dollars per
HI

Hawaii 2026 Regular Session

HSH Public Hearing - Thu Feb 5, 2026 @ 9:30 AM HST

Human Services & Homelessness

Transcript Highlights:
  • We know the cost of caregiving is so high.
  • credit, those costs cannot be this credit, those costs cannot be claimed<00:17:24.240> under<
  • And and your cost<00:44:25.040> per<00:44:25.520> person, cost per person, cost per person
  • It stands for cost something called CSR. It stands for cost share<00:46:07.520> reduction.
  • enough or not have been maybe close enough or not close<02:08:03.040> enough.
Bills: HB2488, HB2456
Summary: The committee heard testimony on HP 1972, which would create a nonrefundable family caregiver tax credit, and on a related tax measure to increase the existing dependent care tax credit. Supporters of HP 1972, including AARP, the Executive Office on Aging, the Hawaii Public Health Institute, Hawaii Children’s Action Network, and others, said unpaid caregivers are essential to keeping kūpuna and other loved ones at home and described significant out-of-pocket costs. The Department of Taxation and the Tax Foundation raised technical concerns, including the need to avoid overlap with existing credits and to prevent double-dipping. The department said taxpayers can claim credits to the extent allowed, but recommended explicit language barring the same costs from being claimed under more than one credit. No vote was taken in the excerpt, and the chair moved the bill along after questions. The committee then heard HP 1975, which would repeal the sunset on the state rent supplement program for kūpuna. AARP, Catholic Charities Hawaii, the Executive Office on Aging, and others supported making the program permanent, saying it helps low-income older adults avoid eviction and homelessness and allows them to remain in affordable housing. Catholic Charities described clients who were paying unsustainable shares of income for rent before receiving the supplement. Members also shared a constituent example of an elderly retiree who needed the subsidy to stay housed. Written support was noted from additional organizations and individuals. Next, the committee took up HB 1706, which would expand Medicaid prospective payment reimbursement to include mental health services furnished in federally qualified health centers and rural health clinics by mental health professionals under supervision. The Office of Hawaiian Affairs supported the bill, and DHS said it appreciated the intent to address workforce shortages and expand training, but cautioned that unlicensed professionals cannot currently bill Medicaid and that a state plan amendment would be needed, with limited precedent for approval. Members asked about the likelihood and timing of federal approval and whether the bill could help rural areas; DHS said approval is uncertain and the process can take time, though it saw possible alignment with the state’s rural health transformation efforts. The committee also discussed HB 546, a three-year health coverage continuity pilot program for people losing Medicaid coverage. DHS, the Attorney General’s office, DCCA, Catholic Charities, the University of Hawaii, and others testified, with DHS warning that federal changes could increase uninsured rates and that the state may need to act quickly. Catholic Charities and others emphasized the risk to Medicaid recipients, including homeless and near-elderly residents, while DHS explained the state’s existing premium assistance program for certain immigrants and compared it to the proposed pilot. The excerpt ends during discussion of that comparison, with no vote shown.
US
Transcript Highlights:
  • Today's markup is about addressing the high cost of prescription drugs and abusive practices that keep
  • This will make it easier for generic to obtain approval, get on the market quicker, thus lowering costs
  • Hopefully, transparency driving down the cost of prescription drugs.
  • But I'd like to close the aperture.
  • Call on Senator Durbin for his closing, or his opening statement.
Summary: The meeting focused on addressing the high cost of prescription drugs and the abusive practices that contribute to elevated prices affecting American families. Several bills were presented, including proposals to end pay-for-delay deals and to enhance transparency in the operations of pharmacy benefit managers (PBMs). The discussion was notable for its emphasis on consumer protection and ensuring that cheaper generic drugs reach the market more effectively. Members expressed frustration over past attempts to pass similar legislation stalling in the Senate, leading to renewed efforts to push these bills forward.
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 2/24/26

Commerce Finance and Policy

Transcript Highlights:
  • the costs on to other property owners. the costs on to other property owners.
  • to cap recovery of those same costs. to cap recovery of those same costs.
  • I know we're close to time.
  • I know we're close to time.
  • you like any closing remarks? you like any closing remarks?
Bills: SF1750, HF704, HF3479
HI

Hawaii 2026 Regular Session

HSH Public Hearing - Tue Feb 3, 2026 @ 9:00 AM HST

Human Services & Homelessness

Transcript Highlights:
  • I need the cost.
  • liability and their legal costs. liability and their legal costs.
  • and cost.
  • Uh, it's HB... you lower the costs. you lower the costs.
  • to lower the insurance costs. to lower the insurance costs.
Summary: The committee opened its first meeting of the 2020 session and heard testimony on several measures, beginning with HB 1518, which would allow people incarcerated and nearing release to apply for SNAP benefits before release. The Department of Corrections and Rehabilitation and the Department of Human Services said they support the bill and are already piloting a pre-release application process at two facilities, with plans to expand it. The Attorney General’s Office supported the intent but noted a technical issue: one section of the bill appears to affect TANF as well as SNAP, while the title refers only to SNAP. A wide range of advocates, including Catholic Charities, the Hawaii Public Health Institute, Hawaii Hunger Action Network, Drug Policy Forum of Hawaii, Hawaii Children’s Action Network, ACLU of Hawaii, and others, testified in strong support, emphasizing food insecurity after release, reentry stability, and reduced recidivism. The committee did not take a vote during the hearing. The committee then heard HB 1747, which would direct the Department of Human Services to seek federal waivers or extensions related to restricting certain SNAP purchases, including sugary drinks. DHS said it had already been approved for a narrow demonstration waiver and was working with retailers on implementation, with a target date of August 1. Supporters of the measure argued it would promote healthier choices, while opponents, including Hawaii Appleseed, the Hawaii Public Health Institute, Hawaii Children’s Action Network, and the Hawaii Food Industry Association, said such restrictions are ineffective, stigmatize low-income residents, create burdens for retailers and DHS, and may be difficult to implement. Members asked DHS to clarify the scope of the waiver and confirmed it applies to sugary drinks and beverages containing more than 10 grams of sugar. Finally, the committee took up HB 1705, which would allow licensed mental health counselors to serve as child custody evaluators, but there was no testimony from the relevant agencies and the item was quickly set aside. The committee also heard HB 1565, which would establish a judiciary working group to improve family court processes and legal representation for youth in the child welfare system. The Attorney General’s Office offered minor technical amendments, and supporters from the Office of Wellness and Resilience, High Hopes Hawaii, Hawaii Children’s Action Network, and a social work student described the need for legal representation, citing better reunification and stability outcomes and the importance of youth voice in court proceedings. No votes or final actions were taken in the portion of the meeting provided.
FL

Florida 2026 Regular Session

Environment and Natural Resources Feb 3rd, 2026

Environment and Natural Resources

Transcript Highlights:
  • Senator Garcia, you are recognized to close on the amendment. Wave closed.
  • Senator Garcia, you are recognized to close you on the amendment. Wave closed.
  • With that, Senator Rodriguez closing.
  • Senator Sharif, you're recognized to close on the amendment. Wave close, Madam Chair.
  • Senator McLean, you are recognized to close on the amendment. I'll waive close on the amendment.
Bills: S0912, S1196, S1422, S1510, S7034
Summary: The Environment and Natural Resources Committee met with a quorum and took up several environmental bills and one appointment. SB 1422, as amended by a strike-all focused on coral reef protection and designating coral reefs as critical natural infrastructure, was reported favorably after support from Audubon Florida was noted. The committee then considered SPB 7034, a DEP rule ratification related to minimum flows and levels for the Lower Santa Fe and Ichetucknee Rivers and associated recovery strategy; witnesses from the Florida Springs Council and local river advocates criticized the plan as too delayed and too dependent on a single future water project, while committee members raised questions about funding and utility responsibility. Despite concerns, the committee approved the bill as a committee bill, with Senator Smith voting no. The committee next heard SB 1510, as amended, which made technical changes to DEP-related provisions including B-MAP notice and timing, septic system requirements in Florida Springs areas, biosolids, fees, land acquisition, and rulemaking procedures. The main public testimony came from the Florida Springs Council, which opposed the 60-day delay for B-MAP effectiveness as harmful to spring restoration, while DEP and others supported the measure. The bill was reported favorably. The committee also considered SB 1196, a targeted siting bill restricting new ash-producing incinerators or waste-to-energy facilities within two miles of large federally authorized water impoundment areas, with an amendment narrowing the practical effect to Miami-Dade and Broward counties. Supporters, including the City of Miramar, argued it would protect water resources and communities; opponents from the Florida Waste-to-Energy Coalition argued it would limit local waste-disposal options and could force more landfilling. The bill was reported favorably. Finally, the committee heard SB 912, the Safe Battery Collection and Recovery Act, which would require battery stewardship organizations and related recycling plans to keep batteries out of the waste stream. Industry and recycling representatives supported the bill, citing growing battery volumes and fire risks at recycling facilities. The committee also recommended confirmation of Gary Jennings to the Atlantic States Marine Fisheries Commission. All measures were approved favorably except that Senator Smith voted against SPB 7034; the meeting then adjourned.
HI
Transcript Highlights:
  • c> just because of the cost of the cost of just because of the cost of the cost of money<00:31:49.840
  • That means if the loan is $500,000, you have to put in $25,000 of your own funds plus cover closing costs
  • cover [clears throat and snorts] closing cover [clears throat and snorts] closing costs<00:53:48.400
  • <00:54:02.720> costs<00:54:02.960> to 100% because they allow closing costs to 100%
  • because they allow closing costs to be<00:54:03.280> covered<00:54:03.520> by<00:54:03.760
Summary: The committee heard testimony on HB 1604, which would create an agricultural workforce housing group within the Department of Agriculture and Biosecurity to address shortages of farmworker housing. The department said it supported the bill’s intent but emphasized that the group’s early work should focus on gathering data and surveying farm operators to assess actual demand, to avoid “mission creep.” Testimony from the City and County of Honolulu Office of Economic Revitalization, Hawaii Farmers Union, Hawaii Farm Bureau, Housing Hawaii’s Future, and the Maui Chamber of Commerce was in support, with one witness suggesting a housing advocacy nonprofit be added to the working group for balance. The committee then discussed HB 1713 on school impact fees, which would clarify exemptions for certain affordable housing projects and exempt new residential developments of fewer than 100 units. The Attorney General’s office said the bill should define “low to moderate income households” because that term is not defined in chapter 302A. HHFDC, the School Facilities Authority, Grassroot Institute of Hawaii, and others supported the measure, arguing it would reduce administrative burden and remove barriers to housing. Members questioned whether the bill should instead repeal the school impact fee entirely; supporters said they also favored full repeal but viewed this bill as a more feasible step. The School Facilities Authority also explained that about $28 million in school impact fees had been collected across four districts and none had yet been spent, and discussed how recent nexus requirements limit how the funds can be used. HB 1722, relating to residential condominiums, drew extensive testimony and questioning. HCDA supported the bill and explained that it amends the 99-year leasehold pilot program created by Act 97 of 2023 by reducing owner-occupancy restrictions from 100% of units to 60%, allowing some rental or subleasing flexibility for the owner-occupied units, and permitting up to 40% of units to be sold to qualified residents after being on the market for more than 60 days. HCDA said the original restrictions, combined with rising construction costs, higher interest rates, and competition from nearby projects, made the pilot project difficult to market and finance; it said the changes are needed to make the project feasible and competitive. Supporters including AP Hawaii, Kila LLC, and project representatives said the amendments would help make the demonstration project in Kakaʻako viable. Some members raised concerns that the changes could weaken long-term affordability and questioned why certain ownership language was being deleted if rentals would still be restricted. No votes or final committee actions were taken in the portion of the hearing provided.
HI
Transcript Highlights:
  • In fact, I work very closely with my law enforcement partners.
  • In fact, I work very closely with my law enforcement partners.
  • If the public wants to know about costs of care, we want to be a resource for that.
  • affecting access quality and cost affecting access quality and cost including<00:58:47.200> but
  • So it's, uh, right now it's costing us $1.7 million to establish a new EMS unit.
Summary: The House Committee on Health heard testimony on a series of bills related to public health, pharmacy regulation, disability access, and health care infrastructure. HB 1535, creating an income tax credit for automated external defibrillator installations, drew support from the Department of Health, tax department comments, and public testimony emphasizing AED access in community and transit settings. HB 1765, requiring safety warnings for spear fishing gear, received comments from DLNR and strong support from a free-diving safety advocate who described blackout risks and argued for point-of-sale warnings. HB 1549, which would repeal the law prohibiting drug paraphernalia, drew mixed testimony: the Department of Health, the Public Defender, and harm-reduction advocates supported repeal as a public health measure, while HPD and a county prosecutor opposed it, warning it could encourage drug use and create public safety issues. The committee also heard HB 1550, which would exclude drug testing products from the definition of drug paraphernalia. The Department of Health and harm-reduction advocates supported the bill, saying drug checking tools save lives and help prevent overdoses, while one written opponent was noted. HB 1995, allowing people who are blind or deaf to receive disabled parking permits, drew opposition from the State Council on Developmental Disabilities, the Disability and Communication Access Board, and other opponents, while a few written supporters were also noted. HB 1671, allowing licensed dental hygienists to place interim therapeutic restorations in public health settings, received support from the Department of Health and several oral health organizations, with the Board of Dentistry offering comments. HB 1643, establishing a framework for pharmacy audits and record retrieval, prompted the most extended discussion. The Board of Pharmacy and independent pharmacy representatives supported the bill as a needed framework to limit burdensome audits and protect patient care, while HMSA raised concerns about possible conflicts with upcoming federal PBM reforms and potential unintended consequences. Committee members questioned both sides about timing and workload, and supporters argued the bill was needed now to protect rural and independent pharmacies. Finally, HB 1978, appropriating funds for a new outpatient care center in North Kona, received strong support from Hawaii Health Systems Corporation, Queen’s Health Systems, the Kona-Kohala Chamber, and others, who described it as a long-term investment in West Hawaii’s health care capacity and economy. No votes or final actions were taken in the portion of the hearing provided.
TX

Texas 89th Regular

Land & Resource Management May 22nd, 2025

Land & Resource Management

Transcript Highlights:
  • I reserve my right to close.
  • It has cost me millions of dollars, and this is a rogue mayor who ...
  • If not, the Chair recognizes Representative Alders to close on the bill. Thank you, Mr.
  • So I ask for your favorable consideration, and I close.
  • I'm happy to answer any questions you may have and ask for privilege to close.
Bills: SB2215, SB2639
AZ

Arizona 2026 Regular Session

03/11/2026 - House Judiciary

Judiciary

Transcript Highlights:
  • bar and have their license restored, that they are entitled to payment by the bar for all of their costs
  • Payment by the bar for all of their costs, including the damage to their reputation.
  • We are close to where we want to be.
  • We are close to where we want to be.
Summary: The committee heard and advanced several bills dealing with attorney discipline, bar licensure, drug sentencing, campus firearms, suppressors, defamation, emergency-service calls by businesses, mandatory child-abuse reporting, eviction procedure, and protections for utility workers. SB 1039 would allow attorneys who prevail in disciplinary matters to recover lost earnings and seek compensation for reputational harm from the State Bar; SB 1148 would require the Arizona Supreme Court to directly license attorneys rather than delegate that function. Both bills were supported by the sponsor as restoring accountability and limiting delegation, and both received due-pass recommendations despite some opposition votes. Members also heard SB 1061, which lowers the fentanyl trafficking threshold from 200 grams to 9 grams; opponents from the ACLU and defense bar argued the threshold would sweep in personal-use cases and increase incarceration, while supporters said it targets traffickers. The bill was recommended do pass. SB 1068, barring public colleges and universities from prohibiting lawful concealed carry by permit holders, drew strong opposition from gun-safety advocates and campus representatives who cited suicide and campus safety concerns, and support from gun-rights groups who argued campuses are not exempt from constitutional rights; it also received a due-pass recommendation. SB 1069, removing suppressors from Arizona’s prohibited-weapons definition, was opposed by Moms Demand Action and supported by gun-rights advocates as aligning state law with federal law and protecting hearing; it likewise passed out of committee. The committee also advanced SB 1099, which would codify statutory defamation elements and add an internet-related limitation period; the ACLU warned it could chill speech and conflict with evolving First Amendment law, while the sponsor said it would clarify existing case law and address online defamation. SB 1271, prohibiting cities from penalizing businesses for legitimate emergency-service calls, passed unanimously after testimony that some municipalities had discouraged 911 calls for theft and other incidents. HB 1127, requiring mandatory reporters with direct knowledge of child abuse or neglect to report immediately and personally, passed after Phoenix Children’s Hospital and DCS said they supported the intent but wanted implementation language clarified for medical emergencies. SB 1426, changing forcible-detainer procedures by removing the written-demand requirement, passed despite concerns from the multi-housing industry that the current language could disrupt holdover-tenant evictions. Finally, SB 1448, as amended, expanded aggravated-assault protections to utility, telecom, video-service, and related workers; supporters cited threats and assaults against field crews, while opponents argued existing assault laws already cover the conduct and the bill is overly broad. The amendment and the bill as amended were adopted, and the committee gave SB 1448 a due-pass recommendation.
AZ

Arizona 2026 Regular Session

02/04/2026 - House Ways & Means

Ways & Means

Transcript Highlights:
  • These cuts are estimated to cost $1.48 billion over fiscal years 2026 to 2029.
  • And so I feel like this solution aligns very well from a cost perspective for the state.
  • Blattman, the actual cost of that bill was still around $440 million.
  • Blattman, I, um, the actual cost of that bill, I, it was still around $440 million.
  • That will cost them more money.
Summary: The committee first heard House Bill 2785, a tax conformity measure that would update Arizona statutes to conform to the Internal Revenue Code as of January 1, 2026, including retroactive provisions for tax year 2025. The sponsor and supporters said the bill would align state law with tax forms already issued by the Department of Revenue, provide certainty to filers, and deliver about $440 million in tax relief through provisions such as no tax on tips and overtime, a larger standard deduction, and a $6,000 senior deduction. Opponents argued the bill would significantly reduce state revenue, disproportionately benefit higher-income taxpayers, and should be considered alongside a broader budget plan. After debate and an amendment addressing retroactivity and foreign dividends, the committee approved HB 2785 on a 5-4 vote. The committee then took up several Arizona State Retirement System and education savings bills. HB 2089 clarified the health insurance premium benefit subsidy for retirees and passed unanimously. HB 2090 changed the disability determination period for long-term disability benefits from 24 months within a five-year period to a straight 24-month period and passed 8-1. HB 2092 allowed employees over age 65 to waive ARS participation within 30 days of becoming eligible and also passed 8-1. HB 2477 conformed Arizona’s 529 education savings plan to federal law, including expanded uses and a permanent rollover to ABLE accounts and Roth IRAs; testimony supported the cleanup and simplification, but some members raised concerns about the Roth rollover and possible use of transferred ESA funds. HB 2477 passed 5-3 with one present vote, and the committee then adjourned.