Video & Transcript DataContr Research : 'price estimates'

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TX

Texas 2025 - 89th Regular

Ways & Means Mar 17th, 2025 at 01:00 pm

House Ways & Means Committee

Transcript Highlights:
  • , whereas previously in prior sessions, we had said that amount could not be estimated.
  • But the court order, I think, actually made them do an estimate.
  • Again, yeah, that's how this loss is estimated, but I want to make clear this is...
  • It's just that when our revenue estimating people looked at what this would do, they...
  • So, you know, I estimate that to be almost three times bigger than the Comptroller's estimate.
Summary: The meeting of the committee was dominated by discussions surrounding House Bill 134, which proposes a shift from origin-based sales tax sourcing to destination-based sourcing in Texas. This bill generated significant debate among committee members and witnesses, with several city representatives expressing strong opposition due to the potential financial impact on their municipalities. Concerns were raised that the bill could lead to the loss of millions in sales tax revenue, which is crucial for funding essential services like public safety, infrastructure, and local development initiatives. As the discussion progressed, the chairman emphasized the need for a comprehensive understanding of the bill's implications on all economic stakeholders, while supporters of the bill argued for its potential to streamline tax regulations.
TX

Texas 2025 - 89th Regular

Finance (Part I) Jan 28th, 2025

Transcript Highlights:
  • This is estimated to be a loss of funding that significantly impacts our ability to compensate crime
  • Page eight features a chart showing the estimated balances and revenues for this account.
  • **Michelle Price**: Good morning.
  • My name is **Michelle Price**.
  • **Michelle Price**: ...we're providing grants.
Summary: The meeting of the committee primarily focused on the Office of the Attorney General, where General Ken Paxton and his staff presented budget recommendations, highlighting a proposed decrease of $163.9 million from the 2024-25 biennium budget. Discussions included essential service funding such as the Crime Victims Compensation Program, which is facing challenges due to revenue shortfalls and increased demand. The committee raised concerns regarding the method of finance swaps that impacted the overall budget, leading to a $38 million cut that the Attorney General’s office deemed an error. Representatives from the LBB were also questioned about the implications of these funding changes.
US
Transcript Highlights:
  • > Our cotton and rice producers, particularly our Arkansas customers, have faced multiple years of price
  • At the same time, commodity prices are expected to drop this year.
  • Bankers are supportive of modernizing reference prices and protecting and enhancing crop, livestock,
  • Reference prices combined with crop insurance are the two most important tools that bankers have.
  • ...raised, prices go up for growers, and access to land is
Summary: The meeting of the agricultural committee focused on significant concerns regarding the current state of America's rural economy, highlighting the need for a strong five-year farm bill to address the challenges faced by farmers, particularly young and beginning farmers. Key testimony was given by multiple stakeholders including agricultural leaders and young farmers, emphasizing issues related to crop insurance, access to credit, and the adverse impact of recent USDA funding freezes. Various members discussed the necessity of risk management tools that farmers rely on to secure financing, which is crucial for sustaining agricultural operations and supporting rural communities. The importance of timely legislative action was underscored, as many farmers reported struggles in the current economic climate, raising urgency for reforms within the Farm Bill framework.
US
Transcript Highlights:
  • Electricity prices are already on track to be the highest

  • Electricity prices are already on track to be the highest

  • It's estimated that more than 50,000 energy jobs have

  • It's estimated that more than 50,000 energy jobs have

  • To hold down costs and prices. Do you share that view?
Summary: The committee meeting was dominated by discussions on a variety of legislative bills including major topics such as nuclear energy advancement, the effects of regulatory hurdles on energy production, and proposals to improve national park staffing and maintenance. Members expressed concerns over the federal government's handling of uranium imports and the necessity for maintaining a robust domestic nuclear supply chain. Efforts to streamline permitting processes to facilitate more efficient energy project development were also a focal point, alongside public testimony from stakeholders in the energy and environmental sectors. The meeting highlighted the urgent need for infrastructure development to meet rising energy demands while addressing climate change impacts.
TX

Texas 2025 - 89th Regular

Delivery of Government Efficiency Mar 5th, 2025 at 10:30 am

House Delivery of Government Efficiency Committee

Transcript Highlights:
  • They will come to us and give us their best price, and when they give us a best price, ERS will turn
  • We should have most favored nation pricing.
  • Our current estimates for savings...
  • There were different pricing structures.
  • It was the value of the sale price of the bond—the value of the sale price of the bonds.
Summary: The meeting of the House Committee on Delivery of Government Efficiency marked the beginning of a new era focused on holding government agencies accountable and eliminating inefficiencies. Chairman Capriglione emphasized the committee's role in modernizing state government, implementing rigorous oversight, and ensuring that taxpayer dollars are used effectively. The committee plans to address waste, mismanagement, and corruption, aiming for an ambitious agenda over the next 22 months. Discussions included the establishment of public hearings to foster transparency and the development of legislative proposals to drive reform. Several state agencies provided insights into their operations, with a particular focus on how they can better serve the public through increased efficiency and enhanced cybersecurity measures.
TX

Texas 2025 - 89th Regular

Appropriations - S/C on Article II Feb 26th, 2025 at 08:00 am

House Appropriations - S/C on Article II

Transcript Highlights:
  • On the fourth page, you'll see a chart estimating the

  • So that estimated cost of turnover in the last biennium

  • Health care costs in Texas are estimated to be 10.2 billion
  • These sell in the $15 to $30 price range.

  • we believe this less than $3 million ask will go a long way to reduce that $10 billion health care price
Summary: The meeting of the House Appropriations Subcommittee on Article 2 featured public testimony focused on the budget and specific funding needs within various state agencies. A significant amount of discussion centered around tobacco control efforts, where multiple witnesses emphasized the need for increased funding to combat tobacco and vaping among youth. Zoe Pippin, a high school student, shared personal experiences of how vaping has impacted her peers, advocating for more educational and prevention resources to address the addiction issues in her small community. This sentiment resonated with many committee members, prompting them to consider expanding support for tobacco prevention programs.
TX

Texas 2025 - 89th Regular

Appropriations - S/C on Articles VI, VII, & VIII Feb 24th, 2025 at 10:00 am

House Appropriations - S/C on Articles VI, VII, & VIII

Transcript Highlights:
  • estimates total MVCPA fee revenue of...
  • This also includes refining that cost estimate of $175 million.
  • The revenue estimate for the 26-27 biennium estimates $5.1
  • The contractor incorporates their anticipated inflation into their bid price, so by and large, the prices
  • Every Texan estimates that the turnover, letting it get...
Summary: The meeting of the Texas Lottery Commission centered around vital discussions regarding the regulatory framework and operational issues related to the lottery and charitable bingo systems in Texas. The committee reviewed financial appropriations, focusing on the need for infrastructure improvements to the Charitable Bingo Operations Division and highlighted the ongoing work with the Sunset Advisory Commission to enhance operational efficiency and compliance. Significant attention was given to the unregulated activities of lottery ticket couriers, which have raised concerns about integrity and fairness in lottery games, prompting the commission to consider appropriate measures to stop such activities.
TX

Texas 2025 - 89th Regular

S/C on Property Tax Appraisals Apr 3rd, 2025 at 10:30 am

House S/C on Property Tax Appraisals

Transcript Highlights:
  • Why is that important in your estimation?
  • This estimate assumes reductions of residential property appraisals.
  • Do you have an estimate of the total amount?
  • I don't have an estimate in the aggregate.

  • That's correct, other than trying to take a shot at estimating those in our budget process. Yes.
Summary: The committee meeting focused on several key bills related to property tax appraisals and education funding. Notable discussions included House Bill 2786, which proposed annual reappraisals to ensure property values reflect current market conditions. Representative Turner highlighted concerns around inconsistent appraisals that could adversely affect funding for local schools, particularly in Tarrant County. The session also saw testimony from representatives and concerned citizens advocating for the bill, emphasizing the importance of fair and accurate appraisals for maintaining educational funding and taxpayer equity. The committee members discussed the overall impact of property tax policies on local districts and pushed for a resolution to this ongoing issue.
TX

Texas 2025 - 89th Regular

Insurance Apr 17th, 2025 at 10:04 am

House Insurance Committee

Transcript Highlights:
  • The Texas Office of the Inspector General estimates that

  • In order to leverage an even greater price negotiating base, HB 1464 would allow non-negotiable prices
  • This is because there are two medications, at least, whose price is $180,000 a year.
  • The price of a wheelchair is $25,000.
  • And by doing that, they're lowering the price.
Summary: The meeting was characterized by detailed discussions surrounding several key bills, including HB1464, HB4012, and SB916. Representative Tallarico provided an overview of HB1464, which establishes a state drug purchasing pool aimed at reducing prescription costs for Texas consumers. Multiple stakeholders offered testimony, emphasizing the potential savings and expressing support for the bill. On the other hand, the discussion around HB4012 elicited differing opinions, particularly related to its implications for fraud enforcement in private insurance, with opponents warning against government overreach in private business dealings. Senator Spillers presented SB916, focusing on consumer protections against surprise billing from emergency medical services, indicating collaborative efforts with various health plans to strengthen patient protections without imposing financial burdens on them. Throughout the meeting, representatives and witnesses engaged in constructive dialogue about healthcare costs, insurance reforms, and consumer protection measures. The committee concluded with several bills left pending for future consideration, indicating ongoing concerns and a commitment to further deliberation on these important legislative matters.
TX
Transcript Highlights:
  • And the estimated cost for 765 was, I believe, 13.8 billion.
  • that the cost estimates on the 765 build-out are based on
  • I believe the estimate per mile is like $6.1 million.
  • interim hearing in June of 2024, and ERCOT's RTP estimate
  • Poor reliability not only leads to risk, but it also creates scarcity, and that creates higher prices
Summary: The meeting of the Senate Business Commerce Committee addressed multiple bills, notably focusing on SB842, SB372, and SB262. Chairman Schwartner facilitated discussions around the Texas Energy Fund, with updates provided by PUC Chairman Thomas Gleeson. Gleeson outlined the current status of the energy applications, highlighting that out of 72 applications, 17 had progressed. The committee also raised concerns regarding the need for additional transmission capacity, particularly in the Permian Basin, and discussed the implications of transitioning from 345 kV to 765 kV lines. Overall, the session was marked by a sense of urgency to finalize decisions by the approaching deadlines set for May 1st.
TX

Texas 2025 - 89th Regular

Appropriations Feb 18th, 2025 at 08:00 am

House Appropriations Committee

Transcript Highlights:
  • However, today they are estimated at almost $49 billion.
  • in natural gas prices.
  • These estimates do take into account those appropriations.
  • It looks like the estimated.
  • Do you all have the data or an estimate on how...
Summary: The meeting primarily focused on reviewing the proposed budget for the upcoming biennium, with substantial discussions around House Bill 1 and its implications for public education, healthcare, and border security. The Comptroller presented a revenue overview indicating a total of $194.6 billion available for general purpose spending, which reflects a slight decrease compared to previous years due to fluctuating economic conditions. Members raised questions regarding spending limits and the impact of federal funding on state programs, highlighting concerns about the sustainability of funding in light of potential changes at the federal level.
TX

Texas 2025 - 89th Regular

Business and Commerce (Part II) Apr 3rd, 2025

Senate Business & Commerce Committee

Transcript Highlights:
  • prices, groceries...
  • It will prohibit swipe fee price fixing.
  • So, you know, gas prices go up.
  • And to your point about the price of fuel.
  • Yet I see so many states that have one price for credit card and one price for cash.
Summary: The meeting focused on several important legislative proposals, with significant discussions around AI regulation and copyright protections in light of emerging technologies. Notably, Senate Bill 1964, aimed at promoting ethical AI adoption within government bodies, was presented by Senator Parker. The bill received support from witnesses who emphasized the need for transparency and a regulatory framework that safeguards civil rights while fostering innovation. Conversely, concerns were raised about potential overreach and the implications for accountability in AI implementation. Additionally, Senate Bill 1960 sparked a passionate debate concerning the protection of individuals' digital likenesses from unauthorized use, highlighting the rising stakes as digital content increasingly intersects with personal rights.
TX

Texas 2025 - 89th Regular

Finance (Part I) Feb 11th, 2025

Senate Finance Committee

Transcript Highlights:
  • That is roughly $13.4 million more than estimated revenues.
  • This act will give that price to everybody deposited as a consequence of their disbursement of the receipt
  • We're estimating the court, basically, as I understand

  • You talked about an estimated 1.2 million in security.
  • ...estimate for our Go Texan program.
Bills: SB1
Summary: The meeting centered around significant budget recommendations for the General Land Office (GLO) and the Gulf Coast Protection District (GCPD). The GLO presented a request for $2.7 billion in funding for the 26-27 biennium, highlighting a 57% reduction from the previous biennium. Critical discussions included necessary funding for the Alamo preservation, with a request for $150 million to address inflation-induced cost increases in renovation measures. The GLO emphasized the importance of these funds to protect the Alamo as a cultural landmark and to manage unexpected surprises in construction, such as the need for a new roof and structural reinforcements. Several members expressed their support for this initiative, citing the importance of preserving Texas history. Further discussions addressed the funding for the GCPD and other critical projects aimed at enhancing disaster preparedness and ensuring environmental protection. The proposals included funds for coastal erosion response efforts and cybersecurity enhancements. A notable consensus emerged around the need for efficient use of taxpayer funds for ongoing environmental initiatives and disaster recovery efforts. With significant public interest and testimony on these issues, overall, the meeting captured a comprehensive perspective on the state’s budgetary priorities, emphasizing a collaborative effort among legislators to protect both cultural and environmental resources.
TX

Texas 2025 - 89th Regular

Ways & Means Apr 14th, 2025 at 10:04 am

House Ways & Means Committee

Transcript Highlights:
  • have caused cost estimates to rise quite substantially.
  • And while the project is currently estimated to cost

  • Project TWC would attract an estimated 50,000 to 70,000 annual visitors in addition.
  • I think it might be estimating a little high because I'm guessing that once you buy...
  • Can you give us a price? Like, ideas about the growth in the next five years?
Summary: The committee meeting involved a range of discussions focused on local economic development through various House Bills primarily related to hotel occupancy taxes. Noteworthy was the presentation of House Bill 2370, which aims to allow municipalities like Harlingen to use hotel occupancy tax revenue retroactively for convention center expenses, facilitating fiscal responsibility and community involvement via voter approval. Representative Lopez encouraged support for the bill, highlighting its potential benefits for the city's budget and operational flexibility. Testimonies from local leaders, including Harlingen's Mayor, reinforced the need for this legislative change to support vital city projects.
TX

Texas 2025 - 89th Regular

Appropriations Feb 18th, 2025 at 08:02 am

House Appropriations Committee

Transcript Highlights:
  • However, today they are estimated at almost $49 billion.
  • in natural gas prices.
  • to make up the Biennial Revenue Estimate, are in a better place.
  • It says on the far left column, "Estimated budgeted for 2425."
  • Yes, it's our most recent estimate for the 24-25 biennium.
Summary: The meeting involved a series of discussions around various legislative matters, focusing primarily on proposed bills and amendments. Members of the committee voiced their opinions on the implications of each bill, and several public witnesses offered testimony supporting and opposing different initiatives. Notable conversations revolved around fiscal responsibilities and the impact of these legislations on local communities. Overall, the dialogue was constructive, highlighting the differing perspectives among committee members and witnesses.
TX

Texas 2025 - 89th Regular

Local Government (Part I) May 5th, 2025

Senate Local Government Committee

Transcript Highlights:
  • The city will have less of more growth by this amount which you estimated.
  • One percent of their total, by my estimate, of what that
  • Here's just kind of a look at the prices of eggs.
  • found is that the inventory tax on medicine and perishable goods increased costs for merchants and prices
  • ...difference on rising prices.
Summary: The committee meeting saw the discussion of several significant bills aimed at reducing the tax burden on small businesses and addressing public services in municipalities. Notably, Senate Bill 2907, introduced by Senator West, proposes to exempt perishable inventory and pharmaceutical goods from property taxes. This bill received robust support during public testimony, with various stakeholders emphasizing its potential to lower food prices and improve business conditions. Similarly, Senate Bill 1331 addressed the protective measures for smaller municipalities facing threats from petitions to remove municipal services, aiming to reduce the requisite population threshold for such actions. The lively discussions underscored the committee's commitment to supporting local communities and businesses in a challenging economic climate.
TX

Texas 2025 - 89th Regular

Economic Development Mar 24th, 2025

Senate Economic Development Committee

Transcript Highlights:
  • The economic impact, members, would escalate to an estimated $22.9 billion in annual gross product.
  • By 2050, an estimated $22.9 billion and 170,000 jobs.
  • The economic impact of life science industries would be an estimated $42.9 billion.
  • Finally, SB 1592 creates fair pricing across accommodations
  • Do you have any estimate of how much is not being..

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

Transportation Apr 24th, 2025 at 10:04 am

House Transportation Committee

Transcript Highlights:
  • Passing this bill this session will help to prevent an estimated more...
  • An independent cost estimator validates the contractor's guaranteed maximum price.
  • How would we know that the price is that good or not? Got it.
  • If we're not happy with that price, and this also allows for a third-party independent estimate.
  • The price works out good because the...
Summary: The meeting was centered around the discussions of several bills, primarily focusing on HB3187, which proposes to reduce DART's funding by 25%. This bill drew significant opposition from various members and public witnesses who argued it would severely impact public transportation services in North Texas, especially with the upcoming FIFA World Cup in 2026. Many speakers highlighted the economic consequences, job losses, and diminished accessibility for residents that would result from passing this legislation. Members of the committee engaged in heated debates, with some representatives advocating for the preservation of DART's funding and others supporting the proposed cuts based on financial grievances from certain cities. The meeting ended with a resolve to consider future negotiations among local municipalities instead of pursuing state intervention on the funding issue.
TX

Texas 2025 - 89th Regular

Health and Human Services Apr 8th, 2025

Senate Health & Human Services Committee

Transcript Highlights:
  • The study will also estimate the number of patients who

  • will require long-term, long-term ...care and estimate the
  • In my estimation, it’s about a seven-year rule.
  • Do you have any estimate of what kind of licenses would be impacted by this?
  • The estimated overpayment...
Summary: The meeting of the Senate Committee on Health and Human Services primarily focused on several pieces of legislation aimed at improving mental health care in Texas, especially for vulnerable populations. Notable discussions were held around SB719, which seeks to conduct a comprehensive assessment of inpatient psychiatric bed capacity in Texas, addressing the significant shortages faced by facilities. There was widespread support from committee members and public testimonies praising the need for improved mental health resources and proactive measures to enhance service delivery. Witnesses highlighted the critical situation surrounding mental health admissions, emphasizing the human impact of ongoing bed shortages and the tragic consequences for patients awaiting treatment.

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