Video & Transcript DataContr Research : 'cost recovery'

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TX

Texas 2025 - 89th Regular

Local Government (Part I) May 15th, 2025

Senate Local Government Committee

Transcript Highlights:
  • So it's just a function of the cost structure, and you'd have to have a better estimated cost.
  • Perpetuity doesn't like all the costs of defending, and I don't think the city's cost of defending those
  • going to cost $11 billion."
  • The cost has not increased, but the scope of the project has.
  • So when there is a cost overrun there, we pay as the state.
Summary: The meeting of the committee covered significant legislative matters, emphasizing the discussion around several bills such as HB2025, which aims to streamline the process of filing plats with tax receipts to prevent rejections. Representative Tepper and Senator Hughes led extensive discussions to clarify the implications of this bill, which resulted in public testimony that was ultimately closed with no opposition. Additional discussions included SB3065 regarding the creation of specific municipal management districts, where the committee expected to reconcile drafting errors in a forthcoming committee substitute. Besides, the committee reviewed HB4506, which proposes electronic delivery of zoning notices to enhance communication efficiency in municipalities. Overall, the meeting demonstrated a focused approach towards improving housing and governance-related processes within the community.
TX

Texas 2025 - 89th Regular

Corrections Apr 2nd, 2025 at 08:00 am

House Corrections Committee

Transcript Highlights:
  • That is $1,139 a day is what they're costing.
  • I understand that that cost may be escalated.
  • And yes, there is a cost to that. But I believe the cost of not doing this is far greater than that.
  • cost taxpayers $100 million.
  • prisons can cost the state more in the long run.
Summary: The committee meeting centered around numerous bills related to criminal justice reform. Notably, discussions included House Bill 2341 focusing on awarding diligent participation credits to defendants in state jail facilities, which was favorably reported with minimal opposition. Additionally, House Bill 2756, referred to as the Jovian-Motley Act, aimed at improving training for correctional officers and staff, reflecting broader concerns about public safety and officer preparedness. The meeting featured testimony from various stakeholders, including law enforcement representatives, emphasizing the need for effective measures in managing inmate populations.
TX

Texas 2025 - 89th Regular

Insurance Mar 5th, 2025 at 08:00 am

House Insurance Committee

Transcript Highlights:
  • addressing the rise in cost of all forms of insurance, whether
  • So, the cost of insurance regulation is paid by the entities we regulate.
  • That's not necessarily a bad thing, but it does affect the cost.
  • I know that it was a concern that the cost had almost doubled.
  • of labor, cost of materials, and the cost of everything going up.
Summary: The meeting involved extensive discussions on various topics, although specific bills or motions were not highlighted. The members engaged in a dialogue surrounding the financial aspects of policies under review, particularly referencing rate components and reserves. Questions were raised regarding the allocation of premiums and the implications for future budgets, but no concrete resolutions were made. The Chair, after guiding the discussion, indicated the conclusion of the agenda and called for any additional business before moving to adjourn.
TX

Texas 2025 - 89th Regular

Education K-16 (Part II) Apr 15th, 2025

Senate Education K-16 Committee

Transcript Highlights:
  • /span> The recapture bill addresses the issue of rising insurance costs
  • To alleviate this burden, Senate Bill 1635 proposes a mechanism to offset the insurance costs incurred
  • real costs.
  • That's the only one we estimated the cost on actual current premiums that the...
  • All coastal districts and windstorm-designated counties face these rising costs.
Summary: The meeting focused on advancing several significant pieces of legislation, particularly those pertaining to education and school finance. Notable discussions included the adoption of committee substitutes for various Senate Bills, such as SB2392, which introduced new reporting requirements for educators regarding misconduct cases. The committee also addressed SB1635, aimed at alleviating the financial burdens of high coastal insurance costs on school districts, which included provisions for credits against required recapture payments. Senator Hinojosa emphasized the urgency of responding to the challenges faced by local districts, underscoring the need for legislative support to ensure fair funding in coastal areas.
TX

Texas 2025 - 89th Regular

Pensions, Investments & Financial Services May 19th, 2025 at 08:05 am

House Pensions, Investments & Financial Services Committee

Transcript Highlights:
  • Are they overestimating the initial cost?
  • It is sometimes the case that a project will come in at cost, leaving...
  • And future interest cost.
  • How would it be misleading to add the interest costs?
  • But if you're trying to get a quick rough estimate of the finance cost...
Bills: SB414, SB621, SB2395
Summary: The committee meeting focused on several key bills impacting public funds, particularly regarding the use of unspent bond proceeds and mandated transparency during bond elections. Notably, Senate Bill 621 was discussed, which seeks to prohibit political subdivisions from establishing public banks, emphasizing core governmental functions and preventing taxpayer exposure to financial risks. Testimonies from various stakeholders highlighted concerns about the appropriateness of using public funds for non-essential projects, which led to vigorous debate amongst committee members. Additionally, Senate Bill 414 was addressed, which requires clear disclosures about estimated interest costs in bond proposals, aiming to enhance voter awareness and accountability.
TX

Texas 2025 - 89th Regular

Intergovernmental Affairs Apr 8th, 2025 at 10:30 am

House Intergovernmental Affairs Committee

Transcript Highlights:
  • And the developer gets the cost associated with putting that in.
  • So it's actually cost neutral; the developer still pays the cost, but it is being...
  • technology in water and wastewater, not only are those costs...
  • Reimbursements on those costs.
  • I certainly wanted to make that clear—this is at no cost to the taxpayer.
Summary: The meeting of the committee addressed multiple bills focusing primarily on local government regulations concerning environmental policy and spending practices. Notably, HB4313 and HB4314 were discussed, with advocates expressing concerns about the overreach of local governments in implementing stringent environmental regulations that might impact efficiency and cost-effectiveness. Testimony included perspectives from organizations like the Texas Public Policy Foundation, emphasizing that local governments should focus on practical criteria rather than subjective social governance measures, particularly in contracting processes.
TX
Transcript Highlights:
  • of land, material costs, infrastructure, and permitting costs, and of course, local regulatory constraints
  • Increased housing costs by offering the opportunity for more
  • homes on less land at a lower cost and with less burden on local infrastructure.
  • ...upon the cost of financing today, the cost of construction
  • construction costs as defined in the bill.
Summary: The meeting of the Committee on Trade, Workforce, and Economic Development featured critical discussions surrounding several proposed bills, including SB1333, HB4876, and HB5567. Notably, the committee focused on issues related to property rights and squatting, with testimony emphasizing the urgent need for legislation to streamline the eviction process for squatters. Several witnesses, including representatives from various organizations, voiced strong support for SB1333, arguing that the current legal remedies are inadequate and contribute to escalating property disputes and community issues. Meanwhile, HB4876 aimed to address housing availability by allowing the use of escrow deposits for construction, which supporters believe will facilitate condominium development and ease the housing crisis in Texas. Finally, the committee adjourned after leaving several bills pending for further discussion, indicating the complexity and importance of these legislative efforts.
TX

Texas 2025 - 89th Regular

S/C on Transportation Funding Mar 31st, 2025 at 10:03 am

House S/C on Transportation Funding

Transcript Highlights:
  • the cost of consumer goods in recent years.
  • at least five times as much as the original cost and possibly even close to 10 times the original cost
  • How much is it going to cost?
  • How much is it going to cost? How much time, if any, is it going to save me?
  • That cost me seven dollars and 64 cents.
Summary: The recent committee meeting focused heavily on transportation infrastructure, with significant discussions surrounding multiple bills aimed at addressing funding and operational strategies. Notably, HB263 aimed to update grant distribution from the Transportation Infrastructure Fund to better reflect the needs of rural and energy-producing counties, thereby ensuring equitable support for necessary infrastructure improvements. Public testimonies in favor of the bill highlighted its importance to local communities impacted by oil and gas activities on their roads. Additionally, HJR58 was discussed, proposing to permit the Texas Department of Transportation to allocate funds toward transit-oriented projects, marking a shift toward multi-modal transportation strategies to reduce congestion and foster economic development. However, opposition arose regarding the potential misuse of gasoline taxes for non-road purposes.
TX

Texas 2025 - 89th Regular

Natural Resources Mar 12th, 2025 at 10:30 am

House Natural Resources Committee

Transcript Highlights:
  • is minimal, that cost...
  • I mean, I don't understand what the issue is with the cost of something like that.
  • I think when we looked at the costs...
  • That cost, that single cost amongst 50 districts.
  • cost-effective and balanced.
Summary: The meeting conducted by the committee included detailed discussions on two main bills: HB279 and HB638. Representative Harris opened the session by moving that HB279 be reported favorably, a motion that passed unanimously with ten votes in favor and none opposed. Following this, Representative Tepper presented HB638, which requires most water districts to record their meetings and post them online. The purpose of this bill is to ensure transparency and accessibility, especially in light of the substantial investments in water infrastructure projected for the state. Various stakeholders, including those in favor and against the bill, provided testimony highlighting both the benefits of transparency and concerns over implementation costs and logistical challenges for smaller districts.
TX

Texas 2025 - 89th Regular

Business and Commerce May 8th, 2025

Senate Business & Commerce Committee

Transcript Highlights:
  • So the cost overruns were enormous.
  • What do you see as the cost? And you said an 80-megawatt unit.
  • Updating the cost internally, we haven't shared that cost
  • Because we're having to look at cost factors.
  • Projects have cost delays and are often canceled.
Summary: The meeting was a thorough exploration of multiple bills, most notably focused on innovative energy solutions and public safety enhancements. Key discussions centered around HB14, which aims to bolster the state's nuclear energy capabilities through the establishment of a Texas Advanced Nuclear Energy Office. Senators and expert witnesses discussed the potential of nuclear power as a clean energy source and a strategic necessity for Texas's growth. There was strong support for the bill, with various stakeholders highlighting its importance for the future energy landscape. Additionally, other bills like HB132 addressed the need for enhanced confidentiality protections regarding sensitive information, while HB1584 sought improvements in power restoration procedures during emergencies. Overall, the committee engaged with multiple viewpoints, balancing innovation with safety and ethical considerations.
TX

Texas 2025 - 89th Regular

Local Government Feb 11th, 2025

Senate Local Government Committee

Transcript Highlights:
  • provided to us by the LBB in advance, is the correct cost.
  • What are the figures for the marginal cost on the...?
  • So, the more we can do to lower the overhead costs for our families...
  • And I love your incremental cost return statement that this.
  • The breadbasket, the cost of living... I think this bill is great.
Bills: SB4, SJR2
Summary: The committee meeting centered around significant discussions regarding property tax relief, particularly through Senate Bill 4 (SB4) and Senate Joint Resolution 2 (SJR2). Chairman Bettencourt and other committee members expressed strong support for increasing the homestead exemption to $140,000, emphasizing the necessity of this adjustment in light of a multi-billion dollar revenue surplus. Public testimonies revealed a mix of support and opposition, highlighting the complexities of local government spending and its impact on tax relief effectiveness. Witnesses articulated concerns about rising property taxes and urged the committee to consider systemic reforms to enhance the efficacy of tax relief initiatives.
TX

Texas 2025 - 89th Regular

Public Education Mar 6th, 2025 at 10:30 am

House Public Education Committee

Transcript Highlights:
  • And with the cost of materials, cost of instructions, cost
  • The reality is districts must cover the high cost of testing and a significant portion of the cost of
  • What does it cost? So each component costs $400.
  • Cost.
  • To keep pace with rising costs, an automatic cost-of-living adjustment should be included.
Bills: HB2
Summary: The meeting focused primarily on legislation related to educational funding and support for students with disabilities. Testimonies were heard regarding HB2, which aims to enhance special education funding and improve the overall educational environment for students. Advocates stressed the importance of investing in mental health services within schools, emphasizing that a holistic approach to student welfare is essential for fostering a safe learning environment. Concerns were raised about charter school funding and the lack of accountability in financial expenditures related to such institutions. Additional discussions highlighted the urgent need for updated policies that reflect current economic realities in education, especially regarding the basic allotment for school funding.
TX

Texas 2025 - 89th Regular

Pensions, Investments & Financial Services Mar 24th, 2025 at 10:03 am

House Pensions, Investments & Financial Services Committee

Transcript Highlights:
  • Cost-effective access to care is a big...
  • rather than financing costs.
  • Hard costs are rising, borrowing costs are rising, and it's getting really difficult to pencil these
  • Otherwise, you can transfer your wages at no cost.
  • EWA providers always offer a no-cost option, and workers can only access a portion of the cost.
Summary: The meeting of the committee involved discussions surrounding multiple bills focusing on financial legislation, including crucial developments related to certificates of obligation (COs). Representative Tepper presented HB1453, which aimed to increase voter input regarding local government debt issuance and address growing concerns about financial accountability. The discussions highlighted the recent trends in CO debt, particularly in areas like El Paso, which has seen a dramatic rise in local government debt without direct voter approval. Several members voiced their support and concerns regarding the bill's implications for taxpayer rights and community involvement in financial decision-making.
TX

Texas 2025 - 89th Regular

Appropriations - S/C on Article III Feb 24th, 2025 at 10:00 am

House Appropriations - S/C on Article III

Transcript Highlights:
  • Total all funds costs over the base total $12.2 billion.
  • What costs are associated with setting up an ESA program?
  • on IT costs on page eight, and then information on the headquarters relocation costs, which continue
  • and the actual premium cost is covered by the member.
  • The overage in costs came from our basic allotment.
Summary: The meeting primarily focused on reviewing updates and recommendations related to education funding and legislative measures for public schools. Significant discussions included the implications of the new educational budget proposal, as well as public testimonies advocating for increased funding to support school districts facing financial difficulties. Notably, there was a strong emphasis on adjusting the basic allotment to accommodate inflation and ensure that school funding is based on student enrollment rather than attendance, to better support districts struggling with deficits and operational challenges.
TX

Texas 2025 - 89th Regular

Intergovernmental Affairs Apr 15th, 2025 at 08:04 am

House Intergovernmental Affairs Committee

Transcript Highlights:
  • is most pronounced at peak demand times when energy costs rise.
  • It saved time, cut costs, and let them focus on what they do.
  • Counties can charge what it actually costs to run the program, no more, no less.
  • It delayed them several months and cost millions of dollars.
  • So, let's say not only did prices of materials rise, but also labor costs rise.
Summary: The committee meeting revolved around significant discussions regarding various housing and firefighter-related issues in Texas. Prominently, House Bill 3171 aimed to reinstate bargaining tools for firefighters that were invalidated by a recent Supreme Court ruling. The bill sparked diverse opinions among stakeholders, with testimonies highlighting the need for effective labor negotiations and concerns about financial implications from local government representatives. House Bill 2142 focused on addressing homelessness through innovative solutions like tiny home shelters, emphasizing collaboration between state, local, and university resources. This bill sought to provide critical mental health services and other supportive measures to the homeless population in Texas, which is notably large and growing.
TX

Texas 2025 - 89th Regular

Pensions, Investments & Financial Services May 12th, 2025 at 08:05 am

House Pensions, Investments & Financial Services Committee

Transcript Highlights:
  • It costs the taxpayers more through interest cost. So I'm in favor of any bill that basically...
  • with interest costs.
  • It's not a cost that pushes it over.
  • the taxpayers more in interest costs.
  • So it's costing us points on Wall Street every time.
Bills: SB512, SB1024
Summary: The meeting focused on the discussion of two significant pieces of legislation: SB512 and SB1024. SB512 aims to protect users of money transmission services by preventing penalties imposed by service providers for violating terms of service. Representative Hayes explained that this bill responds to troubling practices observed among money service businesses. Public testimonies were presented both in support and opposition to the bill, highlighting concerns over First Amendment rights and the implications for consumer protection. The committee ultimately left the bill pending for further consideration. In contrast, SB1024 addresses public finance issues, specifically the misuse of voter-rejected projects through certificates of obligation and tax anticipation notes. Senator Betancourt described instances where municipalities have circumvented voter will by issuing debt for projects previously rejected in elections. The committee heard extensive public testimony critiquing the proposed restrictions in the bill, with arguments centered around the potential unintended consequences for local governments and necessary infrastructure projects. Both bills generated lively discussions among committee members, leading to wider considerations of public finance ethics and the relationship between voters and local governments.
TX

Texas 2025 - 89th Regular

Education K-16 (Part II) May 15th, 2025

Senate Education K-16 Committee

Transcript Highlights:
  • Those are all real costs.
  • And so, with those costs and those dedicated spending initiatives...
  • Construction costs have gone up exponentially because of labor, insurance, and material costs.
  • I realize that these things are an extreme cost.
  • They're an extreme cost for our public schools, but they're also an extreme cost for families, for all
Bills: HB2
Summary: The meeting focused prominently on the discussions surrounding HB2, which entails significant investments in public education and aims to reform funding mechanisms to better support students and teachers. Multiple stakeholders, including educators and policymakers, conveyed their support while also voicing concerns about the bill's potential shortcomings. Witnesses discussed the urgent need for increased funding for special education and the necessity of expanding pre-K eligibility for students with disabilities. The testimony highlighted the historical context of the funding model and emphasized the importance of creating equitable solutions for all public school districts.
TX
Transcript Highlights:
  • at the site of clean, low-cost, abundant energy.
  • We recognize that we need to reassess cost allocation.
  • is to let cost responsibility follow cost incurrence.
  • Allocate costs based on that.
  • Chairman, that you and I have worked on are cost-containment riders.
Summary: The committee meeting primarily focused on SB6, which is aimed at facilitating greater liability and addressing the challenges associated with load interconnection. The chair reopened discussions on the bill, engaging with several public testimonies. Among the 27 registered witnesses, many expressed support for the bill, emphasizing its significance in ensuring accurate load visibility and addressing issues in the energy sector. Notably, Lee Bratcher from the Texas Blockchain Council commended the committee's efforts while highlighting concerns related to transmission costs and their potential impact.

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