Senate Revenue and Tax Committee
February 5, 2025
Senator Jimmy Hickey Jr. Okay. We'll call this meeting of Senate Revenue and Tax to order. First what we've been doing is going over reports that have been listed in statute in other places for years and years at the request of Senator Hester. And it looks like we're about down to our last eight. There may be some left over from DFA that we're still going to get some more information as we go along.
But today, and I think we've got an updated sheet. This sheet actually has everything off to the left. So we'll go one by one. So the first one we'll be doing is with the Arkansas Development Finance Authority, ADFA. So if there's anyone here with them, would you please come forward. Yes, sir. And if you, just whenever you get to the mic, if you don't mind turning it on and introducing yourself.
Mark Conine Mark Conine , president, Arkansas Development Finance Authority.
Senator Jimmy Hickey Jr. Good to have you here today. So what we're doing is we're just trying to go through all of our reports, getting all the input to see if you think that that particular report is important and whether or not we should continue it. And if you say that you don't think we should, and the members agree, then what we're doing is developing a bill to repeal that, that Senator Crowell's carrying. Okay. So we'll start with number one.
Mark Conine A bond issue program fact sheet. So this is a report, after we issue bonds, it can be for state facility use or it can be for private activity use. So it could be for a hospital or steel mill or whatever that we've issued bonds. This is kind of a simple report that has some basic information on it. So it has the name of the bond issue and the coupon of the bond and how much it is. It is a public finance offering.
So we have TEFRA hearings. We file reports, official statements on Emma. We go through all of the process because it is a public process. And so the information that you receive is very, very basic on the bond issue. So there's a better way to get information of these transactions and, frankly, more details of the transaction. You're just getting the very bare bones of the transaction.
Senator Jimmy Hickey Jr. Okay. And of course time is unknown because that's based on how many you might have to do. So I think that's self-explanatory.
Mark Conine That's right.
Senator Jimmy Hickey Jr. Okay. So yeah, it sounds like to me that may be something that the members of the Legislative Council won't want to keep,. But what's your opinion as far as the report?
Mark Conine We seldom, if ever, get a question about it because most of these are private market activities. And the way we look at it from our perspective is we jump through a lot of different hoops because it is a public finance offering. And so that is kind of to us checking the box on all these public information. I don't think it's real helpful other than just the very basics of the deal.
Senator Jimmy Hickey Jr. Sure. Members have any thoughts or questions or anything else as far as this one goes? I know at AFDA, it seems like you all kind of operate-- I better not say that at all. But anyway, I'm not for sure that some public disclosure like that may not be beneficial. But, again, members I want to hear from you all. Yes, sir. Senator Petty.
Senator Jim Petty Even though they do a lot of other non public, if you will, transactions.
Senator Jimmy Hickey Jr. That's a good way to put it. I couldn't find it a minute ago.
Senator Jim Petty Yeah. Unless Mark says that this is something that was requested often, I think a lot of the information is already out there when they do these other public hearings. And then obviously, like some of these other reports, we can always ask for it. It's not a significant report. So my thought would be we haven't eliminated a lot. This would sounds like one we could eliminate. And they could gather the information if it was requested relatively quickly and easily.
Senator Jimmy Hickey Jr. Okay. Thank you.
Mark Conine Senator Hickey, one of the things we have to do is we have to get a proclamation from the governor's office. We have to hold TEFRA hearings. There's several things that we have to do to notify people we're doing these transactions. So we can't just go issue bonds and not tell anybody. We have to attend those TEFRA hearings and take questions. And sometimes we get questions and writings from newspapers or various things.
Senator Jimmy Hickey Jr. So the specifics would be out there at that point in time.
Mark Conine Yes.
Senator Jimmy Hickey Jr. That probably changes my mind a little.
Mark Conine Yeah. The offering documents, all of it.
Senator Jimmy Hickey Jr. Okay. Anybody else? I mean, it sounds like we can eliminate this one or attempt to eliminate. We've got to go through the process. I'm saying that, which we all understand that. So okay. So if you don't mind, Mr. Smith, if you'll have our Bureau to prepare that and put Senator Crowell's name on it, we're going to have to get a House sponsor on all these, which I think Senator Crowell is working on. Okay. So let's go to number two.
Mark Conine Okay. Capital Access Program report. I'll just be short here. This is one that I would recommend that you eliminate. This is a small business loan program where we provide a reserve pool for small business loans. So we have no say in the underwriting or anything when we partner with the lender. So if a small business goes into a lender, they want a loan, the bank does everything. The only thing we provide is essentially like a credit enhancement. So we come in and we will say we'll put in 3% or 4%, or we can go up to 7%. And so we have a pool that we keep that all these lenders participate in. So if a loan goes bad, they can go to that pool and get paid back a certain percentage of that loan. And so essentially it's just a pool that we're keeping a reserve fund. But we don't have anything to do with the lending of the particular funds. That's all done through a bank.
Senator Jimmy Hickey Jr. Any thoughts on that from the members?
Mark Conine The average loan size is 39,000. The average loan balance is 31,000 currently. So it's kind of smaller.
Senator Steve Crowell And your recommendation is to eliminate this?
Mark Conine I do. This is a private lending. The banks keep all this on their balance sheet. And the only thing we're really reporting is the amount in the loan reserve pool.
Senator Jimmy Hickey Jr. I don't want to put you on the spot. Have you put any idea of how long that's actually been on our books under that code section?
Mark Conine You know, I'm going to say at least maybe close to 25, 30 years, maybe.
Senator Jimmy Hickey Jr. Fair enough. Okay. Any other thoughts? I should have done this on the last one, so I'll cover it here. Any anybody from the audience have any other input? Okay. So then we'll have Brandon to, if you'll get our staff to do that particular one, we'll look to eliminate it or repeal it. Okay. Number three.
Mark Conine Okay. Arkansas Institutional Fund. This is another one I would recommend to eliminate. And I'll tell you why. So back in 2001 when the General Assembly drafted and passed some venture capital legislation, it was called the Arkansas Institutional Fund. At that time, we outsourced the administration and accounting of the fund to a group out of Oklahoma. And the cost was about $400,000 a year administrative fee.
Back in about 2014 or 15, we brought the administration into the accounting in-house so we didn't have to pay that particular fee, which is a good thing. We utilize our staff, didn't hire anyone at that time. There were some issues with the fund that if we made any additional investments, we couldn't get out of this administrative fee. So at that time, I believe it was 2017, there was some legislation passed where we cleaned up the Venture Capital Act.
And so what we did from that point on with the Arkansas Institutional Fund, there was like it just stopped. So those investments were inside of those funds. But any new investment went out of the Arkansas Venture Capital Development Fund. Okay. So our institutional fund still held the investments. It just, we didn't make any investments out of it. That allowed us to bring it in-house and save that $400,000.
So this report that we are submitting is on a fund that's just in a wind down mode. There's about $3.5 million of equity investments left in it. And all we're reporting on is just that fund. So no activity whatsoever. The only thing we do is file a tax return each year and state tax returns if there was investments that the fund made out of state, which it's usually very small. But so we file a tax return, send a report to you guys.
We're also required to do an audit report on it. But there's no activity in the fund. So the investments are still out there. They're still whole but there's no activity in the fund. What you do need to keep is, and it's not on this list, is the reports that we send over for the current funds. And they're not on this list. So those are the ones you do want to keep.
Senator Jimmy Hickey Jr. So really then the legislation that you mentioned in 17, they did eliminate that it would even go here.
Mark Conine Yeah. That's right.
Senator Jimmy Hickey Jr. Fair enough. Yeah. So no reason to keep that unless somebody at the table does. Anyone from the audience have any additional input? Okay. That one, let's get that prepared also. All right. If you want to go to the next one. I guess we're on four. Nope. I'm sorry. That's AEDC. Okay. Unless you want to do it. I'd suggest not, but it's up to you. No, we appreciate it. And like I say, that'll be helpful and hopefully the state will save money and save you all some time. And it'll all work the way it needs to if we get it through the process.
Mark Conine Well I commend you guys for tackling this because I think it is important. It's just less bureaucracy and it helps.
Senator Jimmy Hickey Jr. Sure. Senator Hester, he's the one who implemented this to get us rolling. So I want to give him full credit.
Mark Conine Yes. Very good.
Senator Jimmy Hickey Jr. Thank you. Okay, AEDC. You out there somewhere? All right. Great. I think you all know the drill. If you don't mind just sitting down, pushing your button and identifying yourself, and then we'll just start.
Clint O'Neal Clint O'Neal, Executive Director, AEDC.
Drew Smith Drew Smith, Business Finance Director, AEDC.
Senator Jimmy Hickey Jr. Good to have you all here. So thank you. All right. You see and what we're doing. So number four, I guess is where we're at. Report on Super Projects.
Clint O'Neal Yes sir. If I can make a comment before we start. So there are three reports from AEDC on the list and we're happy to address each one. It's our understanding there's actually six reports that are due to the legislature. So perhaps after we go through these three, if I can make a comment about the other three, that would be appreciated as well.
Senator Jimmy Hickey Jr. If you don't. I'd hate for you had to come back. But if you wouldn't mind, though, let's get those on with the staff and we'll look at those to. I just want the members to have them ahead of time.
Clint O'Neal Yes, sir.
Senator Jimmy Hickey Jr. Just a little bit. So if you all found an additional three, get with staff, we'll make sure that they. Let me ask you one thing on those before that. Do you know if those are required in statute, or were those reports actually required because of an action of Arkansas Legislative Council? The other three that you're talking about.
Drew Smith All three of the other ones are required by statute.
Senator Jimmy Hickey Jr. Okay. If they're required by statute, then yes, get them get them to staff. And so we have a week. We'll put you back on there because again DFA they've got to come back before us on a few that we'd asked some questions. Glad y'all found those two. So all right. Let's start with the three that we found.
Clint O'Neal So the first one on super projects. So this is the Amendment 82 report. Amendment 82 is a super project fund, of which only one company has been enrolled in the program. It's Big River Steel in Northeast Arkansas. So it's a report that basically just tracks jobs retained and average hourly wage of those. Not an overly burdensome report for us. It's something that we would keep anyway for our records, just for the maintenance requirement of the incentive program that they provided.
We can do that with or without a report to the legislature. So appreciate the spirit of which this is being conducted in. I think it's probably, well, definitely worth the exercise of us doing. And we don't want to be accused of not being transparent. So not an issue for us to continue submitting that as a report, or just doing that in-house and having that available and ready.
Senator Jimmy Hickey Jr. Yes, sir. Senator Hester.
Senator Bart Hester He said there's one super project using it. Will it ever not be using it?
Clint O'Neal So they have received all the benefits, and they just have a maintenance period that they are required to report the jobs maintained and the average wage for quite some time.
Drew Smith Yes, I believe that the term of their agreement for that is going to be 2033.
Senator Bart Hester 2033. I guess my only thought would be if we eliminated this from the law. 2033, you could just stop it. That would be the only benefit. You say you're going to keep doing it anyway because you need to to be responsible. That'd be my.
Senator Jimmy Hickey Jr. Do you want to prepare that legislation to sunset it at that time ? there's a possibility you could have another one, though. I know that this is a report that at least I will say this. I know that this is probably a report because I've wondered where they were getting information, like the legislators from that area. I do know that they look at that because they want to know what those salaries are that are coming out of it. So I do know there probably are some of our legislators up in that area that are using it because we've discussed what the benefit that that's created up there.
Clint O'Neal So if it's helpful to know, I know you asked the question at a previous session like this, how long it takes staff time to produce each of those reports. Again, this one's not burdensome. A few hours of time, just tracking down the information and putting in it into a report.
Senator Jimmy Hickey Jr. Yes, sir. Senator Perry.
Senator Jim Petty I don't have a problem eliminating it necessarily, but I want to ask you guys, does it help having it in statute, knowing it's the law? Or do your agreements have enough teeth in it anyway to claw back if there's-- I mean everything's good now. But if there's a problem, does having it in statute for your purposes help? Or does it not really matter because you've got other agreements and clawbacks that are just as enforceable?
Drew Smith So as part of the agreements for the amendment 82 projects, in the agreement itself, there is language that if they don't satisfy, then the Clawbacks will take place. The code itself for this purpose is just really from a reporting standpoint, whether or not we have to report it to ALC.
Senator Jimmy Hickey Jr. Anybody have any issues with us keeping that around the table? Anybody from the audience have any input on this particular report? Okay. Let's just keep that one. Since you are preparing it, like I say, I do know the legislators are using that and then probably other folks that are involved in that.
Clint O'Neal Sure. All right. Yes, sir.
Senator Jimmy Hickey Jr. Okay. If you want to proceed to the next one.
Clint O'Neal Yes, sir. The next one is the AEDC annual report, also called the 1282 report. For us, this is the big report. It tracks all incentives signed in a calendar year. Economic metrics, multistate comparisons, a list of recent economic development legislation and kind of a forward looking analysis of the state. This one has taken a significant amount of staff time for a few reasons.
One is for a staff change that we recently made. Drew Smith, our director of finance, has recently taken over leadership of putting this report together, so a significant number of hours. We found, in looking at this report, that there are things that we've really added to the report that are not necessarily mandated in statute. So I think there's things that we can do just ourselves to alleviate some of that burden. I do think it's a report worth continuing as there can be a significant lag time because we're looking at not only projects in a calendar year, but economic data that sometimes doesn't come out for 6 or 8 months until the next calendar year.
So we're just wrapping up the 2023 report now, which we'll be submitting in the next few weeks. And then on the heels of that, starting to collect data on the 24 report. So I think there's ways that we could alleviate some of the staff time and the burden and make that report not as long. It's a very lengthy report, but again, in the spirit of transparency and in the overall analysis, I would recommend keeping the report. And just a comment that we will incorporate the next report and the ones that we come back for would be incorporating the information in some of our reports into this 1282 report so that it becomes kind of our primary report, not just one of six reports.
Senator Jimmy Hickey Jr. Good explanation. Unless somebody objects around the table, we keep keep this particular report. Anyone from the audience have any input before we continue? Okay. All right. So let's just keep that one and then we're on six. Is that correct?
Clint O'Neal Yes. So the last one for us number six. Quick action closing report. So this is a report of all projects where we utilize the governor's quick action closing fund to close an economic development deal and has the list of companies awarded, companies use of funds, the drawdowns and clawbacks that were enacted during the review period. This is information that we would keep on file just as a part of project tracking. Again, if possible, for us just to incorporate this information into our 1282 report, along with the others that hopefully we get a chance to come back for, that would be our recommendation.
Senator Jimmy Hickey Jr. Senator Caldwell.
Senator Ronald Caldwell Thank you, Mr. Chair. Clint, on any of these reports, I know we've done a lot in Mississippi County with Big River and Nucor. Early on when we passed these incentives, it's based on current state income tax projection of what we make. Over the last two years, we've lowered that almost half.
Do these reports take that into account or do we get any feedback as to how tax reductions affect the incentives and the payback of those incentives? You know, for instance, the first time we used the amendment for Big River, projections were anywhere from 8 or 9 years payback to 30 years payback, and that was based on basically 7% state income tax. Now it's down to 3.9. So obviously the payback time would be a lot longer. Do any of these reports reflect the reduction of state income tax?
Clint O'Neal Well, Senator, let me take a stab at answering your question. Maybe a little bit going the other way. So anytime that we engage with a project, we run the impact in plan cost benefit analysis. And so for the projects that we executed say ten years ago, where the individual income tax was 7%, corporate was 6.5%, and we're looking at utilizing our incentive programs that have certain tax credits and payroll rebates and training grants and quick action, it's based on that income that we were projecting at the time.
And so as we look back at those cost benefit analysis, obviously as the taxes were reduced during that time, it impacts the true return on investment to the state of Arkansas. What we do is every time tax cuts are made, we make that adjustment into our cost benefit system. So fast forward today, in plan is is updated to the new corporate individual income tax, where we know that we're making decisions from a different lens today than we were in previous days when the taxes were different. And so incentives may not be as favorable as they were ten years ago, which we would always communicate as that's a good thing.
Rather than taking taxes in and then giving you a tax credit, we're simply lowering taxes. So in terms of the reporting, the reporting is done immediately following for the 1282 and for the quick action report following the year that we executed those incentive agreements. And so I think we would have the ability to go and rerun those numbers. But it's not an exercise that we've been doing for all projects.
Senator Ronald Caldwell All right. That's fine. I just didn't know if you can't predict today what we're going to do on tax revenue or tax rate eight years down the road. You know, that's kind of what happened to us from ten years ago, 12 years ago when we first initiated the incentives for Big River. And so I was just wondering if y'all had any way or did you account, I guess is the correct word, for that after the fact. You look at it. And so again, it doesn't take anything away from our projects or our investments.
But there again, sometimes we are our own worst enemies. I'll vote for another rate reduction. I'm not saying that. But as we do that, we have to remember that only our incentives as a legislature that that we are basically not getting the rate of return we thought we were going to get because of that. There's nothing wrong with that. I'm glad we could reduce our income tax rates and I hope we continue to do that. But I just wondered if y'all had any way to reflect upon what legislature has done, because it does reduce our payback and increases the years it takes to get that incentive money back, so to speak.
Clint O'Neal Right. Yes, sir. Thank you.
Senator Jimmy Hickey Jr. I want to go just a little further since it's quick action closing fund, because that's a little different, I guess, than some things we deal with. So whenever we come in the session here or the fiscal session, we give you all this money. We give you this money to go into the quick action closing fund. Explain to me, and I may know this, but the other members, so at that particular point, can you all and the executive or the executive and you together, however that works, you all can just use money out of that quick action closing fund? Or do you have to come before ALC before you can actually spend it? What's the process so that we will know that?
Clint O'Neal Yes. The approval process once the General Assembly puts money into the fund, is it's approved--
Senator Jimmy Hickey Jr. How much did we do this last time? Do you remember?
Clint O'Neal I believe it was 35 million.
Senator Jimmy Hickey Jr. Okay. Fair enough.
Clint O'Neal So the governor has approval to give us the authority to move forward with that without a one off permission from ALC on each of those projects.
Senator Jimmy Hickey Jr. Right. Which, again, we're policy here. Nothing is a current executive branch or anything like you all. We just look at policy now to cover any governor and any of your staff or whatever. I almost feel that maybe we need to keep this just because of what that particular fund is.
Again, I think it probably gets less legislative oversight, maybe rightfully so. If you all need to move quick or there's something out there that needs to be done, that would be kind of the way I see it unless you all think different on that particular one I did hear you say something about if you could incorporate it into another report. Does that help you all if we look at trying to eliminate this particular one and incorporate it in the other? Or is it really making a difference?
Clint O'Neal I wouldn't say it makes a big difference.
Senator Jimmy Hickey Jr. Okay. Fair enough. I just wanted to make sure that if it did that, we were proactive to help you there. But anybody in the audience have any other statements, questions, input on this? Okay. So again, I feel that there's probably an importance to keeping that report just because of the way those funds are actually actually handled. Personally. Good work. No, we appreciate it. And you all said to three. So if you'll get those to staff and then figure out what's a good time for you all and we'll just have you all back to go over those to see if we can either eliminate them or whatever else you want to do. I assume since you are bringing them up, they may be possibly ones you think we could eliminate.
Clint O'Neal Yes, sir.
Senator Jimmy Hickey Jr. Okay. All right. Did you have any others that you didn't think that we should eliminate? Or was it just limited to those three mainly?
Clint O'Neal I think we were looking at those six that have the statutory authorization. And frankly, on some of the other ones that we have, one of them is a quarterly report that sometimes doesn't even have any information to go in. So I think it's a great exercise to go through to clean up. So whether it involves eliminating or streamlining, I appreciate you guys bringing this up.
Senator Jimmy Hickey Jr. Okay. Great. Thank you. We appreciate y'all being here. All right. And I guess the next one we have is Department of Inspector General Tax Appeals Commission. You can just push the button and introduce yourself. And I guess you're going to have two. So you can begin with number seven.
Matt Boch Thank you, Mr. Chair. Matt Boch, chief commissioner, Arkansas Tax Appeals Commission.
Senator Jimmy Hickey Jr. Good to have you here, Matt.
Matt Boch Great to be here. First report is the annual report of the Tax Appeals Commission. Tax Appeals Commission is an independent tax tribunal, part of the Department of Inspector General. Proceedings are confidential, so there's very little visibility into our caseload, into our cases, except for our decisions that are published on a redacted basis. So this report, it's a useful management exercise frankly, for me. It takes about ten hours a year to prepare. And it provides basic statistics about our caseload and decision results.
Senator Jimmy Hickey Jr. Okay. Do you get requests from legislators that want to see it?
Matt Boch So by statute, the report goes to the chairs of ALC and the chairs of Judiciary. As a custom, I've copied the chairs oRev & Tax. I've never gotten any questions about it, frankly.
Senator Jimmy Hickey Jr. Senator Hester.
Senator Bart Hester So I think we got it a couple of weeks ago. Right? Are you seeing the use go up? I mean, there's a concern that because there's a timeline that the general public has to use it. So like DFA refers everybody to you if they've got a concern, maybe out of an abundance of caution because they don't want to miss the timeline. But is this growing tremendously?
Matt Boch So our caseload, it's actually declined by about 10% comparing 23 with 24. The caseloads remain relatively stable, declined a little bit.
Senator Jimmy Hickey Jr. If we didn't have this report, I mean, of course, it's a public report, since it's being done the way it is. So would there be any way for the public to know what your decisions and your outcomes were on stuff?
Matt Boch So the decisions would still be published on a redacted basis. Someone would have to compile the statistics on their own, going through all the paperwork. Instead, we're pulling that information from our internal database.
Senator Jimmy Hickey Jr. Would that be just as it related to the case load, though? I mean, they would still know what your decision and outcome though was, correct?
Matt Boch Yeah, they would know. So say of the 419 decisions that we issued, those are all on the website. People could look them up. The jurisdictional dismissals where we basically kick a taxpayer out. Those would be on the website as well. The voluntary dismissals or the information about the number of petitions coming in would not be publicly available.
Senator Jimmy Hickey Jr. Okay. Do you want to keep the report in statute or not keep it in statute.
Matt Boch I find it to be a useful exercise or I would probably do something similar internally anyways. We're happy to share the information with the public. But if the Legislature finds it to be not terribly useful, we can get rid of it.
Senator Jimmy Hickey Jr. Well, if you're going to do it anyway. Unless Senator Hester, do you got any other comment?
Senator Bart Hester Well, I do. What I immediately looked at when I saw the report the other day was what percentage of people are winning. It's easy to poke on the tax man. They're doing their job. But I think the people of Arkansas were losing 90 or 95% of the time on appeal. Now they're losing half the time or what is that?
Matt Boch I think it's about two thirds of the time roughly.
Senator Bart Hester That was the most interesting thing for me to watch. Well, I don't know. 20% maybe change on the amount of times the taxpayer won. But yeah, I'm not poking you. They're they're doing their job. And then we have to do our job too. So that's interesting. That was the only thing I really wanted to follow on it.
Matt Boch If you want the information about results of different case subtypes, we have normal appeals, tax assessments, refund claim offsets. We have joint refund offsets, which is a specialized form of spousal relief. We have business closures. If you want results about the specific subtypes of cases, that could be provided.
Senator Jimmy Hickey Jr. All right. Does anyone from the audience have any input or questions in regards to this report? Unless the committee objects, I say since they're going to be doing it anyway and it sounds like we're getting some valuable information that we should just keep it. Okay. All right. Well, let's just keep that one and then let's go to, I think you got one more. Line eight.
Matt Boch Next one's just a normal committee report about our commission meets as a public body for the purpose of rulemaking and to a certain extent for stakeholder feedback. And so it's just a typical boards and commissions report of public meetings. It was our report for the prior cycle was integrated in the Department of Inspector General's report dated August 1st, 2024.
Senator Jimmy Hickey Jr. Basically your minutes?
Matt Boch Yeah, that one we actually during the prior cycle, we got our initial rulemaking done and then we didn't meet publicly for over a year until the more recent rulemaking cycle. And so there was, in fact, nothing to report on that one. The next cycle will report more activity.
Senator Jimmy Hickey Jr. What's your opinion as far as the statute of it? Keep it or don't keep it.
Matt Boch It's almost because it's all boards and commissions, it takes an hour to prepare. If it's helpful for you. If not.
Senator Jimmy Hickey Jr. Keep it or?
Matt Boch You can keep at it.
Senator Jimmy Hickey Jr. Anyone from the audience have any input on this one or anything they want to say? Okay, we'll keep that report. Great. All right. We appreciate you being here and appreciate your work.
Matt Boch Good to be here.
Senator Jimmy Hickey Jr. Yes, sir. Thank you. Okay. Members, that was the only thing that we had on the agenda. Next week, Mr. Gehring and staff have been trying to get the fiscal impacts prepared. And that's a pretty, pretty stout job to do. We do have a couple that do not have fiscal impact. So we're going to go ahead. And those specific two we are going to take off and just put on there. If the members are here we will hear those. Mr. Gehring, if you all want to have any updates on the other reports that we discussed, you can let staff know and we'll put you on the agenda to also do those. So if not, we'll do it in another meeting. So anything else? Yes, sir. Senator Petty.
Senator Jim Petty There were two or three reports that we were going to get copies of from our last meeting. And I don't know if I missed them or if they just, because they were tied up with other things, they haven't sent them yet or if they sent them to staff.
Senator Jimmy Hickey Jr. The ones that were discussed in here?
Senator Jim Petty Yeah. And I made notes on my sheet. And we have a fresh sheet, so I don't know.
Senator Jimmy Hickey Jr. Okay. Do you remember what those may be? [Off mic] Sure. Is that okay? All right. Perfect. Okay. Anything else? Any of the members have anything to come before us? All right. Well, with that, we'll be adjourned.
