Video & Transcript DataContr Research : 'pharmacy benefit managers'
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US
Us Congress 2025-2026 Regular Session
Hearings to examine big fixes for big tech. Apr 1st, 2025 at 01:30 pm
Senate Competition Policy, Antitrust, and Consumer Rights Subcommittee
Transcript Highlights:
- ...against the prescription benefit managers, and it's such
- There was tremendous growth and investors also benefited.
- We managed to.
- Innovation would benefit Americans.
- Kindt, how do small businesses benefit from having multiple choices?
Keywords:
antitrust, competition policy, digital advertising, monopoly, America Act, big tech, consumer rights
Summary:
The meeting, titled 'Big Fixes, Big Tech', marked the first hearing of the Senate antitrust competition policy and consumer rights subcommittee in the 119th Congress. Chairman Lee opened the session focusing on the urgent need for effective solutions regarding anti-competitive behavior among major tech firms like Google and Facebook, highlighting several ongoing court cases regarding monopolistic practices in the digital advertising and search markets. Key discussions included the limitations imposed on small businesses and innovation due to the dominance of these tech giants, with many testimonies advocating for stronger legislative measures, including the America Act. The act aims to disrupt the monopolistic capabilities of these firms and restore competitive integrity in the marketplace, which has suffered under their oppressive market control.
TX
Transcript Highlights:
- More benefits? So there's no...
- If a board of managers...
- are ERS benefits.
- The health benefits?
- And then finally, we also managed...
Bills:
SB1
Keywords:
appropriations, budget, state funding, education, healthcare, infrastructure, legislation, policy issues, committee meetings, public testimony, pending bills
Summary:
The meeting covered a wide range of topics, focusing primarily on pending legislation and various policy issues facing the committee. Discussions were notably animated surrounding several bills, with members expressing both support and concern over their implications. Witness testimonies were heard, shedding light on different perspectives regarding the legislation in question, indicating a robust public interest and engagement in the topics discussed. Members collaborated to address constituents' concerns while seeking solutions that align with the committee's objectives.
TX
Texas 2025 - 89th Regular
Pensions, Investments & Financial Services Apr 14th, 2025 at 09:04 am
House Pensions, Investments & Financial Services Committee
Transcript Highlights:
- any similar local death benefit, avoiding duplication.
- of those benefit plan changes.
- My name is Greg Warner, Managing Director with Hilltop.
- , where I head the Municipal Cash Management Division.
- What happened to all the rewards and benefit programs at that time?
Bills:
HB245, HB700, HB2783, HB3526, HB3900, HB4061, HB4124, HB4166, HB4395, HB4534, HB4609, HB4641, HB4736, HB4738, HB4739, HB4945, HB5015, HJR175
Keywords:
military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees, payroll deductions, retirement plans, fiscal transparency, local government, bond issuance
Summary:
The meeting involved extensive discussions around several house bills, with notable emphasis on HB700, which aims to increase transparency in the merchant cash advance (MCA) sector. Representative McQueen provided a detailed explanation of the issues small business owners face due to aggressive tactics and lack of regulation in this area. The committee also examined HB4609, which focuses on updating the Texas Municipal Retirement System (TMRS) benefits to provide clearer options for cities regarding cost-of-living adjustments (COLA), allowing cities to offer retirement benefits in a more flexible and informed manner. Additionally, the meeting featured a strong public testimony segment, where witnesses voiced their support and concerns, especially regarding the implications of digital currencies framed in HB703.
TX
Texas 2025 - 89th Regular
Delivery of Government Efficiency Apr 2nd, 2025 at 10:30 am
House Delivery of Government Efficiency Committee
Transcript Highlights:
- Um, but then there was no fiscal note, and so I was curious if they could manage.
- Another benefit is creating a layer of whistleblower protection.
- We're now only managing out of the TARP trust.
- I'm trying to find out how it benefits taxpayers.
- benefiting because they get a percentage of their vehicle coverage.
Bills:
HB512, HB2248, HB2679, HB2832, HB3112, HB3368, HB3490, HB3512, HB3623, HB3666, HB3700, HB3711, HB3770, HB3963
Keywords:
grievance procedures, state agency, employee rights, workplace regulations, employment law, grievance procedures, state agency, employees, employment actions, appeal, grievance procedures, state employees, workplace rights, disciplinary actions, employment conditions, employee rights, grievance procedures, state agency, employment disputes, job protections
Summary:
The meeting centered around the discussion of House Bill 3700, presented by Representative Vaux, which seeks to amend the Texas Labor Code to enhance the regulatory authority for the Texas Workforce Commission (TWC). Representative Vaux highlighted the need for clear statutory authority to prevent fraud, waste, and abuse in all TWC programs, engaging members with an emphasis on the implications of the changes proposed. Public testimony was also invited, allowing various stakeholders to express their views on the bill.
TX
Texas 2025 - 89th Regular
Natural Resources Apr 9th, 2025 at 08:00 am
House Natural Resources Committee
Transcript Highlights:
- Yes, sir, I'm the general manager of District Number One. I'm just here as a resource witness.
- Containing a groundwater priority management area rules,
- No doubt it has many economic benefits.
- And in the Hill Country, it's a priority groundwater management area.
- There are also issues about how the county is managing and operating it. It's usually...
Bills:
HB1520, HB1525, HB1530, HB1535, HB2068, HB2091, HB2347, HB2372, HB2805, HB2815, HB2867, HB3154, HB3482, HB3483, HB3663, HB3781, HB3901, HB3915, HB4135, HB4153, HB4158, HB4329, HB4331
Keywords:
Lower Neches Valley Authority, board removal, training requirements, public testimony, complaints resolution, Sabine River Authority, board of directors, complaints, Texas Sunset Act, government oversight, ethics training, flood control, Harris County, governance, eminent domain, bonds, environmental improvements, water assistance, financial grants, Texas Water Development Board
Summary:
The meeting of the committee was primarily focused on water management and infrastructure issues, highlighted by discussions surrounding several bills intended to address water supply and flood control. Representative Kitzman presented HB1535, which aims to extend the sunset review date for the Trinity River Authority, ensuring continued governance and operational improvements. Furthermore, HB3915 was introduced as a multi-purpose flood mitigation measure, offering solutions to the severe water scarcity in the region, particularly following recent catastrophic flooding events that emphasized the urgent need for improved water management. Public commentary reflected a strong interest in flood mitigation strategies, especially given the impacts of climate change and rapid population growth in the area.
TX
Transcript Highlights:
- and managing businesses.
- and managing businesses.
- But active management doesn't necessarily equate to an audit.
- He worked as a senior appointments manager in the Office of the Governor.
- When it comes to unemployment benefits, they have the availability to...
Keywords:
Texas Water Fund, water management, infrastructure funding, local governments, workforce development, community colleges, educational programs, sustainability
Summary:
The meeting focused on several crucial issues, including the Texas Water Fund and its implications for development in the state. Various members highlighted the critical need for effective management of water resources, discussing the role of the Water Development Board and their strategies for outreach to local governments. The committee engaged in a thorough examination of funding projects and the sustainable financing necessary for communities facing challenges in meeting their infrastructure needs. Additionally, there was notable discussion regarding promoting workforce development and the alignment of educational programs with the demands of the job market as indicated by recent trends in community colleges.
TX
Texas 2025 - 89th Regular
Business and Commerce (Part I) Apr 3rd, 2025
Senate Business & Commerce Committee
Transcript Highlights:
- over $8 million, resulting in a net benefit of a little over $4.1 million.
- By donating it, you're going to create a benefit to Houston ratepayers.
- You know, that is y'all's management.
- It's up to manage under the court, but I think there are no trials.
- Some have higher costs to manage cash and would prefer to use cost.
Bills:
SB231, SB584, SB600, SB668, SB841, SB986, SB1003, SB1244, SB1625, SB1960, SB1963, SB1964, SB2026, SB2056, SB2368
Keywords:
heirs' property, cotenants, partition action, right of first refusal, real property, public information, government transparency, bad faith requests, expedited response, attorney general authority, open records, renewable energy, distributed generation, compensation, ERCOT, electricity generation, renewable energy, distributed generation, compensation, ERCOT
Summary:
The meeting of the Senate Business and Commerce Committee primarily focused on legislative issues following Hurricane Beryl, particularly Senate Bill 231, which aims to create a process for CenterPoint to compensate its customers for overcharges related to backup power and mobile generation units. During discussions, Executive Vice President Jason Ryan outlined CenterPoint's commitment to refund approximately $430 million and absorb future costs related to these generators. The bill's substitute also mandates that leased emergency generators be mobile and capable of quick deployment during significant outages, addressing previous concerns over inefficiencies experienced during past weather events.
TX
Texas 2025 - 89th 2nd C.S.
Natural Resources Aug 21st, 2025 at 02:08 pm
House Natural Resources Committee
Transcript Highlights:
- We need to know, you know, we can't manage what we don't measure.
- The state of Texas has done a commendable job under the rule of capture and management.
- And so, who do you really have managing the district?
- What does that really mean with regard to an aquifer and how that's controlled and managed?
- because I want it managed effectively so that my children and my grandchildren can benefit.
Keywords:
groundwater, conservation, water permits, sustainability, resource management, groundwater, permitting, conservation, Texas Water Development Board, aquifer, hydrological impact, groundwater, House Bill 24, House Bill 27, water conservation, public testimony, scientific study, moratorium, East Texas
Summary:
The meeting of the committee focused on House Bill 24 and House Bill 27, which pertain to groundwater management in Texas. Representative Ashby expressed appreciation for the committee's efforts and emphasized the significance of these discussions, given the ongoing concerns around groundwater conservation in East Texas. The committee engaged in detailed dialogue regarding the implications of groundwater exports and the need for scientific studies to understand the potential impacts on local water resources. House Bill 27 aims to conduct a scientific study on the aquifers, requiring a temporary moratorium on new export permits to facilitate better data-driven decision-making. Public testimony included a wide range of stakeholders who shared perspectives on the importance of maintaining a balance between urban growth and rural water needs.
TX
Transcript Highlights:
- Utilize that with your SNAP benefits.
- These benefits. What would you do?
- with their SNAP benefits.
- with your SNAP benefits.
- We played a game with our children, and that's how they learned cash management.
Bills:
HB2510, HB3589, HB4611, HB4655, HB4665, HB4666, HB4670, HB4700, HB4730, HB4798, HB4838, HB5136, HB5243, HB5302, HB5539
Keywords:
assisted living, healthcare, licensing, criminal offense, personal assistance, group home, licensing, regulation, health and safety, inspections, resident care, criminal background checks, adoption, parental rights, registry, vital statistics, disclosure, counseling, foster care, independent living
Summary:
The committee meeting covered a wide range of legislative proposals, with significant focus on addressing child welfare, language access, and transparency in funding for children's advocacy centers. Representative Richardson presented HB5136, aimed at strengthening governance and accountability in child advocacy centers, reflecting concerns over transparency due to recent scandals. The bill was discussed extensively as members expressed the need for better oversight in organizations receiving public funding. Additionally, HB4838 was championed for enhancing language access in emergency services, with witnesses emphasizing its critical importance for non-English speakers during crises. Overall, strong engagement from both representatives and the public was evident, with passionate testimonies highlighting the necessity of these legislative measures.
TX
Transcript Highlights:
- Many would benefit from trades, hopefully becoming productive members of our communities.
- We can see the benefits of these programs.
- Economic benefits and social benefits. Absolutely, yeah. Thank you, sir. Thank you. Anyone else?
- Over my career, I've helped form, fund, and manage 30 life sciences companies.
So think of the benefit to the state and the benefit
Keywords:
child care, workforce resources, Texas Workforce Commission, employer support, parental assistance, Senate Bill 529, Midland, economic development, sales tax incentives, job creation, committee certification, public testimony, stakeholder support
Summary:
The meeting of the Senate Economic Development Committee featured substantial discussions around several key bills aimed at advancing various sectors in Texas. Notably, Senate Bill 529 was supported by multiple stakeholders, including the Mayor of Midland, emphasizing its importance in allowing the city to access sales tax incentives that could bolster economic growth. The committee unanimously recommended several bills for certification, indicating a strong consensus among members on the proposed legislation's benefits. The focus on job creation and supporting local economies was prevalent throughout the meeting.
TX
Texas 2025 - 89th Regular
Culture, Recreation & Tourism Mar 6th, 2025 at 10:30 am
House Culture, Recreation & Tourism Committee
Transcript Highlights:
- a visitor management company.
- To put it in perspective, private land stewardship equals public benefit. No water.
- and management of wildlife and wildlife habitat on private lands.
- Hunting itself is a management practice.
- Hunting itself is a management practice.
Keywords:
HB2, HB22, HB4, legislation, witness testimonies, public engagement, local community impact, economic implications, social justice reform
Summary:
During this committee meeting, members discussed several bills, including HB2, HB22, and HB4, focusing on various state issues. Key discussions revolved around the impact of legislation on local communities, with members expressing differing viewpoints on the measures proposed. Witnesses were invited to provide testimonies, highlighting both support and concerns regarding the bills, particularly in terms of economic implications and social justice reform. Overall, the meeting reflected a robust engagement from the members and public, showcasing the complexities of the legislative process.
TX
Transcript Highlights:
- to the benefit of the developer, who has again taken the risk to create the HOA with their land.
See, they do a cost-benefit analysis.
- Programs that benefit the least of the...
- financial assistance and managing a HUD housing voucher program.
- We have managed our balances very carefully. We've had to...
Bills:
SB434, SB844, SB898, SB1177, SB1214, SB1454, SB1920, SB1927, SB1935, SB1965, SB2010, SB2046, SB2068, SB2073, SB2183, SB2260, SB3034, SB907
Keywords:
housing authorities, tax exemptions, local government code, multifamily residential development, municipal housing authority, municipal regulation, tree removal, Ashe juniper, military base, property protection, property owners' association, board governance, homeowner regulation, declarant control, assessment limits, guaranteed income, financial assistance, local government, public funds, employment programs
Summary:
The meeting covered several significant bills, primarily focusing on enhancing transparency and accountability within local government and homeowners' associations. Notably, Senator Hinojosa introduced SB1935, aimed to reform the operations of Property Owners Association Boards, addressing concerns over insufficient representation and transparency for homeowners. The bill drew a mix of support and opposition, with testimonies highlighting the need for greater homeowner engagement in decisions affecting their communities. Additionally, SB2046 was discussed, which would enhance penalties for public officials engaging in bid rigging, emphasizing the need for stricter enforcement of competitive bidding processes to curb misconduct within government contracts.
TX
Texas 2025 - 89th Regular
Intergovernmental Affairs Apr 22nd, 2025 at 08:04 am
House Intergovernmental Affairs Committee
Transcript Highlights:
- The Chair now calls Richard Hotze, Self-In-Management LLC, for the bill.
- I'm on other things, manage a.
- It appears to me as though this management district is highly...
- And each of these represents petitions from three different management districts.
- It does not stop the management or a chief from ultimately taking action.
Bills:
HB164, HB411, HB627, HB1226, HB1677, HB1865, HB1997, HB2985, HB3462, HB4188, HB4685, HB4840, HB5370, HB5424, HB5466, HB5509, HB5660, HB5673
Keywords:
migrant labor, housing regulations, civil penalties, complaints, occupants' rights, remediation, education, retaliation, housing, rental regulation, municipal authority, local government, leasing, housing regulation, local control, rental properties, municipal authority, leasing laws, housing, rental regulation
Summary:
The meeting of the Intergovernmental Affairs Committee was focused on various housing-related bills, including HB411, which seeks to prevent discrimination against tenants based on their source of income, particularly targeting landlords who refuse Section 8 or other housing vouchers. Representative Rosenthal presented compelling arguments advocating for the bill, highlighting the discriminatory practices that disproportionately affect low-income families, including veterans. The discussion included public testimonies that underscored the vital need for housing reforms to provide a fair chance at stable housing for those relying on assistance programs.
TX
Texas 2025 - 89th Regular
Homeland Security, Public Safety & Veterans' Affairs Mar 5th, 2025 at 10:30 am
House Homeland Security, Public Safety & Veterans' Affairs Committee
Transcript Highlights:
- The Texas Division of Emergency Management was originally established...
- Today, we are managing 53 open federal disaster declarations.
- Sure, we are currently managing 53 open federal disaster declarations.
- ...Management.
- Today, we manage 53 open federal disasters.
Keywords:
border security, SB4, illegal immigration, Operation Lone Star, Texas Department of Public Safety, Attorney General, testimony
Summary:
The meeting of the Homeland Security, Public Safety, and Veterans Affairs Committee fostered extensive discussions primarily focused on the ongoing border security issues. Members of the committee, chaired by Rep. Huffman, emphasized the shifting strategies under the new federal administration and highlighted the successful implementation of SB4, which seeks to curb illegal entry into Texas. Notably, the Attorney General's Office reported a 54% decrease in illegal crossings over the past year, signaling a change in the migration trends impacting Texas, largely due to new state and federal cooperation efforts. Additionally, the committee discussed the development of Operation Lone Star, which is now a statewide initiative aimed at addressing the challenges posed by illegal immigration and crime associated with it.
TX
Transcript Highlights:
- So, if you are a smaller community that doesn't have professional management, you don't have to have
- Members, in 2023, the federal government directed the Bureau of Ocean Energy Management.
- This is a good cost benefit for consumers.
- ...to as load management.
- Here's what we like that's in your bill: we like taking the load management...
Keywords:
real property, Texas State Library, leases, capital improvements, public accessibility, combative sports, licensing, regulation, criminal offense, event approval, advisory boards, Texas Department of Licensing and Regulation, public members, occupational regulations, professional standards, fraudulent financing, secured transactions, business regulation, lending institutions, affidavit process
Summary:
The meeting of the Senate Committee featured extensive discussions centered around numerous bills, with a particular focus on Senate Bill 1705 concerning virtual currency kiosks. During this discussion, members expressed concerns regarding the potential for fraud and the need for regulation surrounding cryptocurrency exchanges. Testimonies from law enforcement emphasized the increase in fraud cases associated with these kiosks, leading to a consensus on the need for consumer protection measures. The committee favorably reported several other bills with unanimous votes, showcasing a collaborative effort amongst senators to address various legislative concerns effectively.
TX
Texas 2025 - 89th Regular
Homeland Security, Public Safety & Veterans' Affairs Mar 19th, 2025 at 10:30 am
House Homeland Security, Public Safety & Veterans' Affairs Committee
Transcript Highlights:
- I even bring in my emergency management directors.
- Emergency Management Council, of which 39 state agencies are a part.
- , like unemployment and other state-administered benefits.
- The benefits of the digital process allow for immediate message delivery.
- Costs are reduced, allowing for better budget management.
Keywords:
electronic monitoring, parole supervision, law enforcement, warrant execution, public safety, handgun license, judgment evaluation, medical advisory board, application denial, gun law procedures, abandoned property, unclaimed property, law enforcement, disposition, public safety, handgun, driver's license, commercial driver's license, weapon carry, gun rights
Summary:
The meeting of the House Committee on Homeland Security and Public Safety involved a range of discussions surrounding significant bills aimed at enhancing public safety measures, particularly in response to issues highlighted by past events. Notable was the discussion on HB33, proposed by Representative McLaughlin, which sought to overhaul school safety and establish a statewide emergency response protocol for active shooter situations. This bill emphasizes the importance of coordinated training among law enforcement and school officials to ensure a swift and effective response in emergencies, aiming to prevent delays seen in past incidents. The discussions also included input from law enforcement officials who acknowledged the necessity of improving communication and coordination between agencies, which was a highlighted failure in previous responses to crises.
TX
Texas 2025 - 89th Regular
89th Legislative Session Mar 12th, 2025 at 10:00 am
Texas House Floor Meeting
Transcript Highlights:
- marker="37" data-time="216"> One of us is here because of oceans of grace that have come to us and benefit
HB 1594 by Placid relates to the group health benefit
- HB 1635 by Oliverson relates to the definition of emergency care for purposes of certain health benefits
- in benefit plans, referred to the Committee on Insurance.
HB 1697 by Canales relates to the management, operation
Summary:
The meeting of the committee addressed a broad range of topics with significant attention paid to HB1554 and HB1569. HB1554, presented by Caprigliano, involved discussions on the authority of political subdivisions to utilize public funds for legal services for unlawfully present individuals, which stirred a debate among committee members regarding state resources and responsibilities. In contrast, HB1569, which concerns prohibitive measures on non-consensual medical procedures for minors with intersex traits, generated compelling testimony from advocacy groups and health professionals, stressing the bill’s implications on patient rights and medical ethics. Overall, the committee dedicated time to hearing from both proponents and opponents of these bills, ensuring a thorough examination of the issues at hand.
TX
Texas 2025 - 89th Regular
Environmental Regulation Apr 17th, 2025 at 10:04 am
House Environmental Regulation Committee
Transcript Highlights:
- It's because there's the potential for benefit to the public, right?
- And the types of benefits that I'm talking about include more monitoring and a better overall review
- Philip Martin manages the Zero Emission Truck Initiative for the Environmental Defense Fund.
- Chris Maycombe is here on behalf of Waste Management.
- I'm the Governmental Affairs Director for Waste Management of Texas.
Keywords:
solid waste management, exclusive contracts, public agency, contract amendment, notification requirements, Texas Health and Safety Code, emissions inspection, motor vehicle, environmental regulation, state authority, clean air act, federal mandate, liquefied natural gas, environmental permits, expedited review, Texas Commission on Environmental Quality, contested case hearing, public comments, administrative hearings, occupational licenses
Summary:
The meeting focused on several critical environmental bills primarily related to regulatory processes and emissions management. Key discussions included a thorough examination of HB3997, which aims to streamline LNG terminal permitting processes to boost development efficiency and compliance in Texas. Matt Barr of Chenier Energy emphasized the need for clarity in regulatory timelines to better support export operations and maintain Texas's leading position in LNG exports. Additionally, multiple bills were proposed concerning vehicle emissions testing and transparency requirements in waste management contracts, highlighting the varied approaches lawmakers are taking to environmental regulation.
TX
Texas 2025 - 89th Regular
S/C on Disease Prevention & Women's & Children's Health Apr 17th, 2025 at 08:04 am
House S/C on Disease Prevention & Women's & Children's Health
Transcript Highlights:
- For adults and for folks in managed care and out there in the insurance world, there are several steps
- ...on this before, but for the benefit of everybody else,
- ...and you improve the long-term benefit of the mental health
- So I actually think this saves HHSC a tremendous amount of money over time, and I know that the managed
- The fact that managed care is capitated means we are paying the same amount regardless.
Keywords:
food access, food deserts, communities of color, health disparities, socioeconomic impact, nutritious food, food deserts, communities of color, food access, health effects, socioeconomic disparities, legislative recommendations, food deserts, communities of color, nutrition, health disparities, legislative recommendations, food deserts, nutrition, health disparities
Summary:
The meeting revolved around critical discussions regarding health-related bills, particularly focusing on women's health and food access issues highlighted in HB1786 and HB231. Representative Howard proposed HB1786 to reinstate the Women's Health Advisory Committee, emphasizing its necessity to address women's healthcare challenges in Texas due to the dissolution of the committee, which had previously facilitated valuable collaboration among healthcare providers. The discussions included testimonials from various stakeholders including health professionals and representatives from advocacy groups, all supporting the need for an advisory body that could effectively address women's health concerns. Additionally, there was strong support for HB231, which aims to study the impact of food deserts on vulnerable populations, as articulated by Representative Morales, making a case for equitable access to nutritious food across the state.
TX
Transcript Highlights:
- San Antonio is going to reap the rewards of this benefit. I don't see the benefits.
- Just want to make sure that when we do something that really does benefit these entities, we should get
- Across the state would simply benefit.
- The benefit doesn't run through the landlord.
- homestead exemption, having the home in their own name would cause them to lose their federal and state benefits—benefits
Bills:
HB511, HB972, HB1035, HB2481, HB2723, HB2742, HB2894, HB2962, HB3077, HB3093, HB3307, HB3684, HJR67, HJR72
Keywords:
ad valorem taxation, caregiver exemption, Medicaid, long-term services, tax relief, assisted living, housing support, property tax exemption, caregiver support, Medicaid, residence homestead, tax relief, long-term services, tax exemption, unpaid caregiver, long-term services, Medicaid, residence homestead, state tax code, tax exemption
Summary:
The meeting of the committee explored various bills with significant discussions centered around House Bills like HB8, HB2723, and HB3093. Members expressed concerns about the financial implications of property tax assessments and the impact of unjust appraisals on local government budgets. Representative Cunningham highlighted the urgency of addressing the discrepancies in property tax laws as they relate to non-profit cemeteries, pointing out historical injustices that have led to the loss of community burial sites. Meanwhile, the discussions on HB3093 revolved around ensuring fair taxation practices to reduce financial uncertainties for local governments, emphasizing the need for realistic revenue calculations in budget projections. The committee actively invited public testimonies, illustrating the widespread interest and implications of these legislative efforts.