04/03/2024 03:15 PM House LABOR & COMMERCE
| Audio | Topic |
|---|---|
| Start | |
| HB324 | |
| HB55 | |
| Presentation(s): Rail Belt Energy Cost Analysis | |
| Adjourn |
+ teleconferenced
= bill was previously heard/scheduled
| *+ | HB 325 | TELECONFERENCED | |
| += | HB 324 | TELECONFERENCED | |
| += | HB 226 | TELECONFERENCED | |
| + | TELECONFERENCED | ||
| + | TELECONFERENCED | ||
| += | HB 55 | TELECONFERENCED | |
ALASKA STATE LEGISLATURE
HOUSE LABOR AND COMMERCE STANDING COMMITTEE
April 3, 2024
3:19 p.m.
MEMBERS PRESENT
Representative Jesse Sumner, Chair
Representative Justin Ruffridge, Vice Chair
Representative Mike Prax
Representative Dan Saddler
Representative Stanley Wright
Representative Ashley Carrick
Representative Zack Fields
MEMBERS ABSENT
All members present
COMMITTEE CALENDAR
HOUSE BILL NO. 324
"An Act relating to insurance data security; amending Rule 26,
Alaska Rules of Civil Procedure, and Rules 402 and 501, Alaska
Rules of Evidence; and providing for an effective date."
- MOVED CSHB 324(L&C) OUT OF COMMITTEE
HOUSE BILL NO. 55
"An Act relating to allocations of funding for the Alaska
Workforce Investment Board; and providing for an effective
date."
- HEARD & HELD
PRESENTATION(S): RAIL BELT ENERGY COST ANALYSIS
- HEARD
HOUSE BILL NO. 325
"An Act relating to business license fees; and providing for an
effective date."
- BILL HEARING RESCHEDULED TO 4/5/24
HOUSE BILL NO. 226
"An Act relating to the Board of Pharmacy; relating to
insurance; relating to pharmacies; relating to pharmacists;
relating to pharmacy benefits managers; relating to patient
choice of pharmacy; and providing for an effective date."
- BILL HEARING RESCHEDULED TO 4/5/24
PREVIOUS COMMITTEE ACTION
BILL: HB 324
SHORT TITLE: INS. DATA SECURITY; INFO. SECURITY PRGRMS
SPONSOR(s): REPRESENTATIVE(s) STAPP
02/14/24 (H) READ THE FIRST TIME - REFERRALS
02/14/24 (H) L&C, JUD
03/25/24 (H) L&C AT 3:15 PM BARNES 124
03/25/24 (H) Heard & Held
03/25/24 (H) MINUTE(L&C)
04/03/24 (H) L&C AT 3:15 PM BARNES 124
BILL: HB 55
SHORT TITLE: EXTEND WORKFORCE INVEST BOARD ALLOCATIONS
SPONSOR(s): REPRESENTATIVE(s) CARRICK
02/01/23 (H) READ THE FIRST TIME - REFERRALS
02/01/23 (H) EDC, L&C, FIN
01/31/24 (H) EDC AT 8:00 AM DAVIS 106
01/31/24 (H) Heard & Held
01/31/24 (H) MINUTE(EDC)
02/12/24 (H) EDC AT 8:00 AM DAVIS 106
02/12/24 (H) Heard & Held
02/12/24 (H) MINUTE(EDC)
02/14/24 (H) EDC AT 8:00 AM DAVIS 106
02/14/24 (H) Scheduled but Not Heard
03/13/24 (H) EDC AT 8:00 AM DAVIS 106
03/13/24 (H) Heard & Held
03/13/24 (H) MINUTE(EDC)
03/15/24 (H) EDC AT 8:00 AM DAVIS 106
03/15/24 (H) Moved CSHB 55(EDC) Out of Committee
03/15/24 (H) MINUTE(EDC)
03/20/24 (H) EDC RPT CS(EDC) NEW TITLE 2DP 2NR 3AM
03/20/24 (H) DP: MCCORMICK, ALLARD
03/20/24 (H) NR: MCKAY, PRAX
03/20/24 (H) AM: HIMSCHOOT, STORY, RUFFRIDGE
03/20/24 (H) L&C AT 3:15 PM BARNES 124
03/20/24 (H) Scheduled but Not Heard
03/21/24 (H) L&C AT 10:30 AM BARNES 124
03/21/24 (H) -- MEETING CANCELED --
03/22/24 (H) L&C AT 3:15 PM BARNES 124
03/22/24 (H) Heard & Held
03/22/24 (H) MINUTE(L&C)
03/25/24 (H) L&C AT 3:15 PM BARNES 124
03/25/24 (H) Heard & Held
03/25/24 (H) MINUTE(L&C)
04/03/24 (H) L&C AT 3:15 PM BARNES 124
WITNESS REGISTER
CLIFTON COGHILL, Staff
Representative Will Stapp
Alaska State Legislature
Juneau, Alaska
POSITION STATEMENT: Answered questions during the hearing on
the proposed CS for HB 324, Version B, on behalf of
Representative Stapp, prime sponsor.
LORI WING-HEIER, Director
Division of Insurance
Department of Commerce, Community & Economic Development
Anchorage, Alaska
POSITION STATEMENT: Answered questions during the hearing on
the proposed CS for HB 324, Version B.
STUART RELAY, Staff
Representative Ashley Carrick
Alaska State Legislature
Juneau, Alaska
POSITION STATEMENT: Gave an explanation of changes from Version
R to Version D, on behalf of Representative Carrick, prime
sponsor.
DON ETHERIDGE, Lobbyist
Alaska AFL-CIO; Lobbyist, Alaska Works Partnership, Inc.
Juneau, Alaska
POSITION STATEMENT: Testified during the hearing on HB 55.
KRIS CURTIS, Legislative Auditor
Legislative Audit Division
Legislative Agencies and Offices
Juneau, Alaska
POSITION STATEMENT: Testified during the hearing on HB 55 and
reviewed the legislative audit.
PAUL DENHOLM, Senior Research Fellow
National Renewable Energy Laboratory
Golden, Colorado
POSITION STATEMENT: Gave a PowerPoint presentation on the Rail
Belt Energy Cost Analysis.
ACTION NARRATIVE
3:19:46 PM
CHAIR JESSE SUMNER called the House Labor and Commerce Standing
Committee meeting to order at 3:06 p.m. Representatives Prax,
Wright, Carrick, Fields, and Sumner were present at the call to
order. Representatives Ruffridge and Saddler arrived as the
meeting was in progress.
HB 324-INS. DATA SECURITY; INFO. SECURITY PRGRMS
3:20:24 PM
CHAIR SUMNER announced that the first order of business would be
HOUSE BILL NO. 324, "An Act relating to insurance data security;
amending Rule 26, Alaska Rules of Civil Procedure, and Rules 402
and 501, Alaska Rules of Evidence; and providing for an
effective date." [Before the committee, adopted as the working
document on 3/25/24, was the proposed committee substitute (CS)
for HB 324, Version 33-LS1348\B, Wallace, 3/21/24 ("Version
B").]
3:20:53 PM
The committee took an at-ease from 3:20 p.m. to 3:22 p.m.
3:22:02 PM
REPRESENTATIVE WRIGHT moved to adopt Amendment 1 to Version B,
labeled 33-LS1348\B.1, Wallace, 3/27/24, which read:
Page 12, line 28, following "information;":
Insert "and"
Page 12, line 31:
Delete "; and"
Insert "."
Page 13, lines 1 - 3:
Delete all material.
Page 14, line 28:
Delete "electronic"
Page 14, line 30:
Delete "electronic"
Page 15, line 9:
Delete "electronic"
REPRESENTATIVE CARRICK objected.
REPRESENTATIVE WRIGHT asked the bill sponsor to speak to
Amendment 1.
3:22:30 PM
CLIFTON COGHILL, Staff, Representative Will Stapp, Alaska State
Legislature, on behalf of Representative Stapp, prime sponsor,
deferred to Ms. Wing-Heier.
3:22:51 PM
LORI WING-HEIER, Director, Division of Insurance, Department of
Commerce, Community & Economic Development, explained that the
amendments before the committee today would fix drafting errors
in Version B at the request of the insurance industry.
Amendment 1 would clarify that if a consumer were to sue the
insurance company for breach of private information, data can be
obtained, but not from the Division of Insurance ("the
division") or the division director. She added that the
division holds the data confidential to conduct the
investigation and then levies whatever penalty or fine that may
be assessed against the insurance company.
3:24:36 PM
REPRESENTATIVE CARRICK questioned the removal of "electronic" in
Amendment 1.
MS. WING-HEIER said although most information is kept
electronically, there are still some paper files within
insurance companies and brokerage firms that may contain
personal information that could be breached. For that reason,
"electronic" is removed to ensure that all information is
subject to the bill.
REPRESENTATIVE CARRICK removed her objection. There being no
further objection, Amendment 1 was adopted.
REPRESENTATIVE WRIGHT moved to adopt Amendment 2 to Version B,
labeled 33-LS1348\B.2, Wallace, 4/1/24, which read:
Page 13, line 9:
Delete "10"
Insert "15"
REPRESENTATIVE CARRICK objected. She questioned the rationale
for changing the number of employees exempted from risk
assessment from "10" to "15" or fewer.
3:26:21 PM
MS. WING-HEIER said she would not object to Amendment 2 because
it still captures the majority of insurance agencies within the
state.
REPRESENTATIVE CARRICK asked whether Version B would be a
valuable tool for insurance agencies with 10 to 14 employees.
MR. COGHILL did not know the answer.
3:27:40 PM
REPRESENTATIVE SADDLER asked which firms would be included in 15
[employees] that would be otherwise limited by 10.
MS. WING-HEIER explained that in the state of Alaska, most
insurance agencies are either the larger firms or those with 5
employees; consequently, not many would fall between 10 and 14.
3:29:11 PM
REPRESENTATIVE PRAX guessed that the captive agencies would have
support from the "mother company" but the independent agencies
would have to dig into their own pockets.
MS. WING-HEIER stated that many smaller agencies have been
acquired by a larger firm, which would require them to comply
with this bill. She agreed that the firm of captive offices
would be subject to the provisions in Version B.
REPRESENTATIVE PRAX how much the bill would cost independent
agencies.
MS. WING HEIER said there aren't many firms that have data and
lack corporate governance with respect to data security. She
further noted that agencies would be given 18 months to comply
with the bill.
REPRESENTATIVE CARRICK maintained her objection.
3:31:38 PM
A roll call vote was taken. Representatives Saddler, Wright,
Prax, Ruffridge, and Sumner voted in favor of Amendment 2.
Representatives Carrick and Fields voted against it. Therefore,
Amendment 2 was adopted by a vote of 5-2.
3:32:17 PM
REPRESENTATIVE SADDLER noted that the bill sponsor is currently
in the House Finance Committee addressing the operating budget.
3:32:39 PM
REPRESENTATIVE RUFFRIDGE moved to report CSHB 324, Version 33-
LS1348\B, Wallace, 3/21/24, as amended, out of committee with
individual recommendations and the accompanying fiscal notes.
No objection. There being no objection, CSHB 324(L&C) was
reported from the House Labor and Commerce Standing Committee.
HB 55-EXTEND WORKFORCE INVEST BOARD ALLOCATIONS
3:33:23 PM
CHAIR SUMNER announced that the next order of business would be
HOUSE BILL NO. 55, "An Act relating to allocations of funding
for the Alaska Workforce Investment Board; and providing for an
effective date." [Before the committee was CSHB 55(EDC).]
3:33:39 PM
REPRESENTATIVE RUFFRIDGE move to adopt the proposed committee
substitute (CS) for HB 55, Version 33-LS0360\D, A. Radford,
4/1/24, as the working document. There being no objection,
Version D was before the committee.
3:34:17 PM
REPRESENTATIVE CARRICK, prime sponsor, deferred to her staff.
3:34:26 PM
STUART RELAY, Staff, Representative Ashley Carrick, Alaska State
Legislature, on behalf of Representative Carrick, prime sponsor,
gave an explanation of changes in Version D [hard copy included
in the committee packet], which read as follows [original
punctuation provided]:
Page 1, lines 4-9: delete all material.
Page 2, line 12 page 3, line 15: delete all
material.
Page 3 line 20: delete all material.
MR. RILEY noted that Version D would bring the CS back to the
original version of the bill the only difference being a two-
year extension instead of a six-year extension.
3:35:27 PM
REPRESENTATIVE SADDLER questioned whether it was the bill
sponsor's intent to come back in two years and try to
reinstitute the provisions in the prior CS, Version R.
REPRESENTATIVE CARRICK said her main goal is to ensure the
reauthorization of TVEP. The more limited extension would put
time pressure on implementing changes and reconsiderations to
TVEP over the course of the next intervening years before the
legislation were to come back before the committee.
3:36:51 PM
CHAIR SUMNER opened public testimony on HB 55.
3:37:12 PM
DON ETHERIDGE, Lobbyist, Alaska AFL-CIO; Lobbyist, Alaska Works
Partnership, Inc., said it would only be fair to extend TVEP for
two years and gather all participants in the same room to
discuss potential changes. He emphasized the importance of the
program and said, "it's a great idea."
3:38:00 PM
KRIS CURTIS, Legislative Auditor, Legislative Audit Division,
Legislative Agencies and Offices, testified during the hearing
on HB 55 and reviewed the legislative audit, beginning on page
3. She discussed report conclusions on page 10. The audit
provides 2 recommendations beginning on page 23: Firstly, it
recommends that the legislature consider repealing the direct
award to the 10 training providers, which would allow TVEP funds
to be paid via grant process; secondly, it recommends that the
Department of Labor & Workforce Development (DLWD) work with the
Office of Management and Budget (OMB) to resolve the
underpayments to the seven training providers.
3:48:00 PM
CHAIR SUMNER closed public testimony on HB 55 and announced that
the bill would be held over.
^presentation(s): Rail Belt Energy Cost Analysis
presentation(s): Rail Belt Energy Cost Analysis
3:48:11 PM
CHAIR SUMNER announced that the final order of business would be
a presentation on the Rail Belt Energy Cost Analysis.
3:48:30 PM
PAUL DENHOLM, Senior Research Fellow, National Renewable Energy
Laboratory (NREL), gave a PowerPoint presentation on the Rail
Belt Energy Cost Analysis. NREL is part of the National
Laboratory System that was formed as part of the U.S. nuclear
weapons program. The lab reports to the U.S. Department of
Energy (USDOE) and is an applied research lab that's focused on
advancing renewable energy technologies. The average Railbelt
consumer spends $590 more per year on electricity than those in
the Lower-48. There are also concerns about the need to import
Liquified Natural Gas (LNG), which provides 60 percent of
Railbelt electricity. Projections show that with declining
natural gas supply to the Cook Inlet, LNG would be imported at a
considerably higher cost, resulting in an additional $75 million
per year in electricity costs to Railbelt consumers.
3:51:52 PM
REPRESENTATIVE FIELDS asked how much the cost to consumers would
increase per household.
MR. DENHOLM estimated an additional $200 per year. He said the
main question is whether renewable energy could offset fuel
purchases at less than the cost of purchasing natural gas. He
described the lab's approach and assumptions. The cost of
acquiring new renewables includes the cost of building the wind
and solar and interconnecting to the build. The capital and
fixed O&M costs could be captured via a power purchase
agreement.
4:04:42 PM
REPRESENTATIVE PRAX commented on the assumption that the cost of
renewables would continue to decline. He said some would argue
that as demand expands on the minerals needed to produce
windmills or solar panels, the price would increase as supply is
capped. He asked whether measurement of that risk had been
considered.
MR. DENHOLM answered yes and explained that wind and solar has
continually declined over the past 20 years with the exception
of two notable "blips." He noted that wind and solar are not
hugely dependent on rare earths and maintained that geopolitical
instabilities aside, the decline in the cost of these
technologies should continue.
REPRESENTATIVE PRAX surmised that more lithium batteries may be
needed in the future and asked whether that had been considered.
MR. DENHOLM said yes, the availability of lithium and other
resources for batteries is of significant concern to the USDOE.
He explained that lithium is quite abundant; however, there are
a limited number of locations where it's mined.
4:08:06 PM
REPRESENTATIVE SADDLER questioned whether the assumptions
presume that the tax credits would continue ad infinitum or
whether there is a calculated risk of them going away.
MR. DENHOLM said the larger political question of what happens
if the law (indisc.) is not considered.
REPRESENTATIVE SADDLER asked whether there's an iron clad
argument that all projects will receive tax credits or whether
they are subject to appropriation.
MR. DENHOLM shared his understanding that there's no issues with
that aspect of the law, as it applies to Alaska. In other
words, he assumed full eligibility for the entire tranche of
renewables constructed for this project.
4:10:36 PM
MR. DENHOLM resumed the presentation by sharing his belief that
both wind and PB could be developed below the avoided cost of
natural gas. He highlighted the volatility of natural gas
prices and explained that locking in prices for power purchase
agreements would guarantee the cost of electricity for the
portion of the load served by renewables, which makes it easier
for larger industrial commercial [utilities] to know what to
charge for their services. Findings showed that the lower cost
of renewable energy would result in large deployments of wind
and solar in the least cost scenario. The modeling shows a
buildup of up to 76 percent of Railbelt electricity from
renewables in 2040 due to their lower cost and the ability to
offset natural gas. This results in net savings of roughly $100
million per year in 2030 and cumulative cost savings of over $1
billion.
4:15:55 PM
REPRESENTATIVE PRAX shard his understanding that from the
perspective of the legislature, independent power producers
would be spending money instead of the state.
MR. DENHOLM confirmed that that this would not require a direct
state dollar spend because the $4.2 billion in fuel would come
from consumers' pockets to the electric utilities to the natural
gas suppliers.
4:17:08 PM
MR. DENHOLM resumed the presentation and emphasized that the
existing fossil resources would still be maintained for
reliability purposes, but they would be used less. He explained
that these renewable energy sources would be deployed in high
quality wind resource locations near Fairbanks and Kenai thereby
taking advantage of the new transmission capacity.
4:19:48 PM
REPRESENTATIVE FIELDS asked Mr. Denholm to contextualize the 76
percent least cost scenario.
MR. DENHOLM said the challenge is determining the difference
between the optimum solution, as opposed to the 80 percent
Renewable Portfolio Standards (RPS). He reiterated his belief
that the absolute least cost solution would be around 75 or 76
percent.
4:20:40 PM
MR. DENHOLM resumed the presentation and highlighted the
volatility of renewable resources, which would require a change
in systems operations, such as software upgrades. The lab
accounted for $1.5 million per year in software updates when
conducting this study; however, additional upgrades would be
needed to account for forecasting wind and solar, changing
operational practices, and changing staff. He emphasized the
role of integration costs, which were accounted for in the study
and evaluated as cost savings. He concluded that new renewable
resources would have the opportunity to displace existing
natural gas; however, a number of caveats would need to be
studied in addition to further cost reductions associated with
deploying new hydropower options.
4:23:28 PM
REPRESENTATIVE FIELDS recalled that the NREL study finding that
76 percent is the least cost solution for the Railbelt did not
rely on the 45Q tax credit for carbon storage. He asked whether
that is correct.
MR. DENHOLM confirmed that new carbon capture and sequestration
options and small modular reactors were not considered. New
coal plants without carbon capture sequestration were
considered, but they were found to be uneconomic.
4:24:28 PM
REPRESENTATIVE RUFFRIDGE asked who would bear the cost of the
battery systems that would be necessary to offset the
variability of wind and solar.
MR. DENHOLM said the cost could be incurred by either a power
purchase agreement or the utility. Ultimately, he said NREL is
neutral as to which business policy works best for the
utilities.
REPRESENTATIVE RUFFRIDGE asked whether the costs for additional
best systems were included in the study.
MR. DENHOLM answered, "Absolutely."
4:26:42 PM
CHAIR SUMNER asked what percentage of the (indisc.)
manufacturing occurs in China.
MR. DENHOLM said a large fraction of panels are made in China.
He explained that 50 percent of the cost of installation would
occur in the state, while the remaining 50 percent would be
mixed between domestic and foreign content. He offered to
follow up with numbers on domestic content for historical
installations of both PB and wind.
CHAIR SUMNER questioned the impact of 60 percent tariffs on
China.
MR. DENHOLM said he's seen significant growth in domestic
manufacturing in addition to manufacturing in other parts of
Asia that aren't subject to tariffs.
4:28:57 PM
REPRESENTATIVE PRAX sought to confirm that NREL assumed that
existing gas and coal powered plants would continue to operate;
however, some plants, like the one in Golden Valley, are nearing
the end of their natural life.
MR. DENHOLM said NREL only retired the Healy Unit 2 coal plant
based on recommendations from the Golden Valley Electric
Association (GVEA). He added that the lab spoke with all local
utilities while conducting the study.
4:30:12 PM
REPRESENTATIVE FIELDS asked Mr. Denholm to discuss changes that
could portend in terms of electricity to heating opportunities
and how that would affect the potential for renewable deployment
and managing variable electric inputs.
MR. DENHOLM said fairly conservative assumptions were made on
the evolution of energy storage technologies by assuming
continued incremental improvements to technology. Heating
applications were not considered in great detail either.
REPRESENTATIVE FIELDS asked what types of innovative storage are
being deployed in the Lower-48.
MR. DENHOLM said early demonstration phase technologies are
being deployed through a combination of state and federal
subsidies or early-stage research and development (R&D)
projects. He shared an example of flow batteries that use
liquid electrolytes and technologies that use iron as the
storage medium.
4:34:06 PM
REPRESENTATIVE PRAX how much of the assumed demand is due to
growth, other than residential growth.
MR. DENHOLM said growth and electric demand was only assumed
based on population growth and electric vehicles. Consequently,
a 20 percent total growth in electric demand was assumed between
now and 2040.
REPRESENTATIVE PRAX asked whether no increase in the demand for
electric vehicles would change the result.
MR. DENHOLM said it may make a small difference, but it would
not fundamentally change the overall result.
4:36:21 PM
REPRESENTATIVE CARRICK asked whether grid and grid funding is
essential to seeing these projects move forward.
MR. DENHOLM said North of Anchorage, the deployment of new wind
and solar is not dependent on that funding. In addition, a
significant amount of wind could be deployed in Kenai and
Fairbanks; however, the same benefits would not be realized. He
noted that independent of renewables, [the grid funding project]
would still provide significant benefits to the Railbelt.
REPRESENTATIVE CARRICK asked whether the economic benefits would
apply grid-wide independent of renewables.
MR. DENHOLM said most benefits would apply on the south side;
however, benefits would continue to flow up into the Fairbanks
region. He explained that the overall benefits of the $100
million in cost savings would not be exactly equal to each
region on a populated basis, which is why large, regional
projects can be challenging.
4:39:41 PM
REPRESENTATIVE PRAX sought to verify that the upgrade of the
transmission system north of Anchorage is not essential to
making this project work.
MR. DENHOLM said he would love to see the Alaska Intertie
upgraded because it would provide significant benefits to the
Railbelt regardless of renewable deployment; however, given the
challenges of transmission upgrades, NREL made the conservative
assumption that the Alaska Intertie would not be changed. In
response to a series of follow-up questions from Representative
Prax, he explained that addressing the stability problems would
require the use of power electronic-based technologies, referred
to as grid forming inverters. He said one of the motivations of
RPS is to spur the marketplace and unleash the free market.
4:46:54 PM
ADJOURNMENT
There being no further business before the committee, the House
Labor and Commerce Standing Committee meeting was adjourned at
4:46 p.m.
| Document Name | Date/Time | Subjects |
|---|---|---|
| AKPhA Response to House Labor and Commerce Committee.pdf |
HL&C 4/3/2024 3:15:00 PM |
HB 226 |
| AK HB 226 Response Letter.pdf |
HL&C 4/3/2024 3:15:00 PM |
HB 226 |
| HB 226 Letter of Opposition - Moda Health.pdf |
HL&C 4/3/2024 3:15:00 PM |
HB 226 |
| AK HB 226 DOG Support.pdf |
HL&C 4/3/2024 3:15:00 PM |
HB 226 |
| 20240325 AK HB 226 COA support.pdf |
HL&C 4/3/2024 3:15:00 PM |
HB 226 |
| Letter of Support for HB 226.pdf |
HL&C 4/3/2024 3:15:00 PM |
HB 226 |
| D.pdf |
HL&C 4/3/2024 3:15:00 PM |
HB 55 |
| CSHB 324 Ver B Amendment 2.pdf |
HL&C 4/3/2024 3:15:00 PM |
HB 324 |
| CSHB 324 Ver B Amendment 1.pdf |
HL&C 4/3/2024 3:15:00 PM |
HB 324 |
| HB55.Summary of Changes Version R - D.pdf |
HL&C 4/3/2024 3:15:00 PM |
HB 55 |
| HB55.SectionalAnalysis.Version D.pdf |
HL&C 4/3/2024 3:15:00 PM |
HB 55 |
| alaska RPS study for house breifing.pptx |
HL&C 4/3/2024 3:15:00 PM |