From the transcript

Again, we think that the solution here is to rely on instead all of the project's federal disclosure obligations, make sure that that the right level of federal disclosures are also shared with the state. As I mentioned to Senator Steadman this morning, that's something that we're willing to work on to make sure that we get to the right reasonable disclosure requirement. But as it stands, Amendment 16 would really chill off-takers and investors in the project.