Executive Committee of the Legislative Council
With the legislature days from introducing its long bill, the Executive Committee got a sobering pair of briefings — a chief economist describing a 'bifurcated' economy with a weakening labor market, and a JBC staff director warning that repeated mid-year cutting could run 'until the reserve is gone.' The committee also previewed a policy update for remote participation in joint committees.
Key Actions
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Notable Quotes
“credit card delinquencies of 90 days or more have risen above 12% of total credit card loans. That's the highest level since the comeback from the Great Recession. And it's rising still.”
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Sign in to subscribeCounsel will come to order. Ms. Kurtz, Phelan, please call the rolls. Senators and Representatives Caldwell excused Duran here. Rodriguez excused Simpson. President. Mr. President, let's do this. Madam speaker, here we do have a quorum. Great to see everyone this morning. Sorry the room is so hot. You think it was May? Today on our agenda, we will be looking at the draft policy for electronic participation in joint committees. We'll be reviewing that today and then discussion about our most recent forecasts and status of our budget making from both our Chief Economist and the Director of the Joint Budget Committee and any other businesses the Executive Committee sees fit. So Deputy Director Chase and Deputy Director Berger, take us away. Good morning, Madam speaker, members of the committee. Christy Chase, Office of Legislative Legal Services we're here today with Ms. Berger to talk to you about a proposed update to your policy for electronic participation in joint committees. As you know, this committee sponsored House Bill 2610 68, which expands the Executive Committee's authority to address remote participation in joint committees of meetings during the legislative session. The current policy and the current law only addresses the…
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