EXCLUSIVE — Arizona Republican Senate President Warren Petersen is calling for a public hearing on the potential cost that state taxpayers may have to bear if a court grants Paramount Skydance‘s $1.88 billion bond request in its legal battle against a multistate antitrust lawsuit.

Earlier this week, Paramount filed a motion seeking the hefty bond that would cover the company’s financial losses from an injunction blocking its pending merger with Warner Bros. Discovery. Twelve blue states, led by California, and the Writers Guild of America would be on the hook financially if the bond is granted by a federal judge. The bond will be paid to Paramount should it win the antitrust case. Arizona is one of the plaintiffs suing to halt the merger.