Video & Transcript Research : 'interest calculation'

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KY

Kentucky 2026 Regular Session

Senate Legislative Session Day 31 (2-20-26)

Kentucky Senate Floor Meeting

Transcript Highlights:
  • And one of the interesting testimonies we heard over the interim in our state joint committee, we had
  • And one of the interesting happens.
  • Additional days may accumulate, but they will not be included in the high three calculation.
  • Additional days may accumulate, but they will not be included in the high three calculation.
  • For all other participating calculation.
Keywords: 958, all
Summary: The Senate convened with prayer, the Pledge of Allegiance, a roll call establishing a quorum of 35 members, and approval of the previous day’s journal. The chamber also received messages from the House that it had passed House Bills 43, 139, 297, 414, and 485 and requested concurrence. Second reading reports placed several bills in the Rules Committee, including measures on property disposition, children, school district sick leave, unemployment insurance, and status offenses, and a new resolution was introduced honoring the 10th anniversary of the 2016 session and its bullying-prevention legislation. The main floor action was on Senate Bill 39, relating to fishing in privately owned lakes and ponds. Senators debated multiple floor amendments, with several withdrawn and floor amendment 6 adopted. Supporters said the bill clarified private property rights and allowed stocking of F1 Florida bass without changing existing license requirements, while opponents and some supporters emphasized protecting the public trust, conservation funding, and the North American wildlife management model. After extended debate, the Senate passed SB 39 as amended by a vote of 29-8. The Senate then took up Senate Bill 154, relating to elections. The sponsor said it would strengthen election integrity by removing non-photo identification options, specifically Social Security cards and EBT SNAP cards, from the list of acceptable voter verification methods. Opponents argued the bill would make voting harder without evidence of fraud, citing that many Kentuckians used those IDs in the last election and that transportation and access barriers already exist. The transcript cuts off during debate on SB 154 before a final vote is shown.
KY
Transcript Highlights:
  • And so, when that money comes down in April, by the time it's solidified and calculated and comes to
  • We'll be in a third month of principal and interest payments coming back in.
  • , um, and comes, um, comes to calculated, um, and comes, um, comes to us<00:07:45.280> about<00
  • <00:10:50.800> payments month of principal and interest payments month of principal and interest
  • in working on So, I'm kind of interested in working on that<00:49:04.480> issue<00:49:04.960>
Summary: The Tobacco Settlement Agreement Fund Oversight Committee met on June 11 but did not have a quorum, so it could not approve the prior minutes. The committee then received a compliance and program update from Brandon Reed and Bill McClowski of the agricultural development board, who said the office is fully staffed, has digitized most records, and has added a Facebook page to share board actions, projects, and compliance work. They also reported that the board and finance corporation continue to operate with strong county-council participation and that the office had completed numerous site visits, program reviews, and project closeouts over the reporting period. The presenters reviewed monthly funding actions from December through May, including board approvals ranging from hundreds of thousands to several million dollars, with a December finance meeting delayed by a snowstorm. They highlighted that the Kentucky Agriculture Finance Corporation now has 57 loans generating more than $2 million per month in payments, and that the revolving loan program has grown to support more than $24 million annually in repayments available for relending. They also noted that 75% of the portfolio is in beginning farmer loans and that the office had recently surpassed 1,000 active loans. Several projects were discussed in detail. These included a grain facility in Callaway County supporting organic corn production for expanding egg-layer operations, a Union County cattle business expansion, a West Liberty Veterinary Clinic project to build a working cattle facility, a Grayson County farmers market project, a Casey County veterinary services project, and a packing warehouse for the Kanye family to support specialty crops. The presenters emphasized that county and state tobacco settlement funds are often combined, sometimes with participation loans, to leverage local investment. They also stressed the importance of supporting greenhouses, farmers markets, specialty crops, and large-animal veterinary services as key agricultural priorities. No votes or formal actions were taken beyond the lack of quorum and the informational presentations.
KY
Transcript Highlights:
  • It's an interesting contract.
  • The interesting part about this, and where there's been some debate, and part of what we've been working
  • The um I think an interesting part about The um I think an interesting part about this<00:07:25.440><
  • The interesting thing in this business is consultants get involved.
  • It's in their best interest. And I asked some consultants.
Summary: The committee first approved the minutes from the November 13, 2025 meeting and then heard testimony from Quarter Hill, the tolling subcontractor for RiverLink on the Indiana-Kentucky bridge system. Quarter Hill described its role in back-office support and call center operations for the Lincoln, Kennedy, and Lewis and Clark bridges, and said the contract began in 2021 with go-live in September 2023. The company reported that revenue has increased since it took over, customer service response times have improved, and it has been operating at a loss because the contract was based on outdated transaction estimates and did not account for higher-than-expected volume and added support costs. Members questioned Quarter Hill about the role of consultants, the low reported collection rate, and why the company was leaving the contract. Quarter Hill said a single large consulting engineering firm had been hired to help shape the RFP and contract, but argued that consultants and overly detailed requirements can create disputes and hinder efficient service. On collection rates, the company said the reported 85% rate reflects the absence of registration holds and other enforcement tools, and that the remaining unpaid tolls are the hardest to collect. The company also said it had lost significant money on the contract and had reached a change order and termination agreement, while emphasizing that the system itself was functioning well. The committee then received a staff report on Kentucky veterans centers. Staff said quality of care is generally high and staffing has improved, but reported occupancy figures are misleading because they are based on certified beds rather than functional capacity after conversions to single-occupancy rooms and capital projects. The report said actual occupancy is closer to 85% than the commonly reported 56%, and that increasing occupancy would not necessarily increase revenue because the state’s cost of care exceeds reimbursement and private-pay revenue. Recommendations included adopting functional occupancy reporting, continuing the move to single-occupancy rooms, reviewing modernization needs at Thompson Hood, including Eastern Kentucky in planning, and referring the Radcliffe HVAC procurement and installation to the Auditor of Public Accounts and Attorney General for review.
NH

New Hampshire 2026 Regular Session

House Ways and Means (01/14/2026)

Ways and Means

Transcript Highlights:
  • And does most of the tax software and the restaurant software automatically calculate that?
  • You don't have to break out the calculators and slide rules to figure it out.
  • Um, in 2025, consumer interest in boating was at an all-time high during the pandemic.
  • It's an interesting question. [clears throat] >> Thank you, Mr. Chair.
  • >> So, I I don't What's interesting is it's >> So, I I don't What's interesting is it's it's
Keywords: 1189, house, all
NH

New Hampshire 2026 Regular Session

JLCAR Administrative Rules (05/15/2026)

Transcript Highlights:
  • <00:40:22.760> interest<00:40:23.200> of their private interest of their private interest
  • interest I can't find the patient. interest I can't find the patient.
  • <00:55:28.960> Um, a conflict of interest. Um, a conflict of interest.
  • management kind of conflict of interest. management kind of conflict of interest.
  • It's any conflict between a private interest and a professional interest.
Keywords: 1189, house, all
Summary: The committee first handled routine business, approving the minutes and consent calendar, then moved to the regular calendar of administrative rules. Department of Energy rule 25-220 was postponed until June at the sponsor’s request so stakeholders would have more time to review revised language. Several Department of Health and Human Services Medicaid-related rules were then considered, including 25-240, 25-265, and 26-33, each of which drew staff comments mainly about expired rule provisions and the agencies’ reliance on federal law, the Medicaid state plan, or other manuals. The committee approved those rules after brief questions, with the agencies stating they were already operating under the relevant federal or state-plan authority and, in one case, that rulemaking was underway to update an expired citation. The most extended discussion was on HHS Bureau of Aging rule 25-304, which had an amended conditional approval request. Staff explained the amendments clarified how case management agencies accept or deny cases, how telehealth participation is evaluated, and that the department sets the timing for accepting or denying cases under its existing authority. Staff also noted a separate issue about whether reimbursement rates must be in rule, but said the agency had long interpreted the statute to allow its approach and that any change would likely require legislation rather than committee objection. A provider representative testified against parts of the rule, arguing the case management agencies should not be required to accept referrals before contacting the participant, that telehealth decisions for other providers should remain with those providers, and that the quality-management section was duplicative and burdensome. Committee members questioned whether the telehealth language merely allowed case managers to say a service fit the client’s plan or instead gave them authority over another provider’s delivery method. The agency responded that case managers may determine what services an individual needs, but should not control how another licensed provider delivers those services. The discussion continued with no final action shown in the excerpt.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/10/26

Taxes

Transcript Highlights:
  • 15.520> principal, on the monthly PITI, the principal, on the monthly PITI, the principal, interest
  • > and<00:04:17.000> insurance<00:04:17.480> payment<00:04:17.920> on interest
  • , taxes and insurance payment on interest, taxes and insurance payment on a<00:04:18.120> median
  • So, given the bipartisan<00:52:55.600> interest<00:52:56.040> in<00:52:56.120> this<
  • their property tax refund to calculate their property tax refund and<01:03:51.320> simply<01:
MN

Minnesota 2025 1st Special Session

House Environment and Natural Resources Finance and Policy Committee 3/25/25

Environment and Natural Resources Finance and Policy

Transcript Highlights:
  • I know there is interest in federal funding at this time.
  • We've already received significant interest for gas-related leases, further emphasizing the importance
  • The only thing included in the operating adjustment calculations is step increases for existing staff
  • Uh as the commissioner calculation.
  • In the interest of time, I won't read the entire list.
Keywords: 1183, house
AZ

Arizona 2026 Regular Session

03/25/2026 - Senate Education

Education

Transcript Highlights:
  • Cupper, is there a reason why you're only interested in... Madam Chair, Rep.
  • There are a lot of individuals interested in this bill. You may have heard from them.
  • And then you have to do this per-student calculation and cost allocations of what you're spending on
  • Now, what's interesting about the audit, it's not specifically about the satellites.
  • There are a lot of interests in it.
CA
Transcript Highlights:
  • they are engaged solely in administrative billing services, billing administrators facilitate calculations
  • Billing administrators facilitate calculations, allocations, and transmissions of billing services.
  • Billing administrators facilitate calculations, allocations, and transmissions of utility charges as
  • Our role is strictly limited to calculating utility charges, preparing invoices and statements, and providing
  • Our role is strictly limited to calculating utility charges, preparing invoices and statements, and providing
Summary: The Assembly Banking and Finance Committee met with a quorum, took up its consent calendar, and passed SB 946 and SB 700 on a do-pass motion to the next committee. The committee then heard SB 546 by Senator Grayson, presented by Assembly Member Blanca Rubio, which would clarify that third-party billing administrators are not debt collectors when they are only performing administrative billing services. Supporters from Conservis Utility Billing Management and the California Apartment Association said the bill reflects the original intent of the Debt Collection Licensing Act, would reduce compliance uncertainty, and still preserves consumer protections by barring coercive collection practices. There was no opposition, and the bill passed on a unanimous roll call to the Committee on Appropriations. The committee also heard SB 505 by Senator Richardson, presented by Assembly Member Maggie Krell, which would require digital wallet providers and money transmitters operating in California to use two-factor or multi-factor authentication for logins. Support came from the National Consumer Law Center, while TechNet said it was currently opposed but working with the author on amendments. Members discussed balancing security with convenience for trusted devices and users. The bill passed unanimously on a do-pass motion to the Committee on Appropriations, and the committee then adjourned.
AZ

Arizona 2026 Regular Session

02/11/2026 - House Government #2

Transcript Highlights:
  • I had a lot of interest in the first-time home buyer program, but I did have a couple things that I wanted
  • I had a lot of interest in the first-time home buyer program, but I did have a couple things that I wanted
  • Got some people here that could understand the interest.
  • that state boards controlled by active market participants who possess singularly strong private interests
  • Did some calculations today.
Keywords: 1182, all
Summary: The committee heard HB 2842, a deed-fraud prevention bill that would create an early alert system for property owners when escrow is opened on their property. The sponsor and several witnesses, including a victim, an Attorney General investigator, and the Department of Real Estate commissioner, described widespread deed fraud and said the bill would provide proactive notice before a fraudulent transfer is completed. The committee adopted the Blackman amendment shifting the reporting entity from DIFI to the State Real Estate Department, then passed the bill with a due pass recommendation by a 7-0 vote. Members then considered HB 2667, which would require recipients of state first-time homebuyer or down payment assistance programs to be Arizona residents for two years and to occupy the home as a primary residence for two years, while barring out-of-state investors from using the homes as rentals. The sponsor said the bill was intended to help younger Arizonans and keep assistance focused on residents invested in the state. Opponents and other members raised concerns that the bill could conflict with existing federal and lender requirements and could reduce participation in local down payment programs; after discussion, the committee passed the bill 4-3. HB 2020 was heard next and would reduce certain school-disruption offenses to a class 1 misdemeanor for minors and narrow the definition of interference with an educational institution. The sponsor and a parent described a case in which a student was charged too harshly after a school altercation, while a public commenter urged case-by-case discretion and warned against saddling children with felonies. The committee passed the bill 4-3. The committee also advanced HB 2793, which streamlines annexation procedures for single-owner annexations and updates notice rules, including electronic newspaper publication. After adopting two amendments, members passed it 4-3. HB 2327, which allows eligible individuals to restrict public access to certain identifying information held by county recorders, assessors, and treasurers, passed unanimously. HB 2858, creating a 1% Arizona-bidder preference in certain state procurement ties, also passed unanimously after amendment. HB 2660, which adds procedural protections and oversight for health profession licensing board actions, passed 4-2 after testimony from the sponsor and a physician who said board actions had chilled speech and due process. Finally, HB 2063, appropriating $1.5 million for the Independent Correctional Oversight Office, passed unanimously after strong support from oversight advocates and former corrections stakeholders, and HB 2681, extending civil-service appeal deadlines from 10 calendar days to 10 business days, also passed unanimously. The committee then discussed HB 2812, which would raise the sick-leave payout cap for retiring state employees from $30,000 to $57,000; witnesses supported the increase and members began discussing a possible amendment to allow retirees to transfer the payout into a health savings arrangement, but the transcript ends before final action on that bill.
NM

New Mexico 2025 Regular Session

IC - Land Grant Sep 8th, 2025

House Rural Development, Land Grants And Cultural Affairs

Transcript Highlights:
  • The land grant has always had an interest.
  • So I think the net interest cost of the land grant is $1.5 million.
  • Half net interest cost.
  • They can set the interest rate and the payment terms.
  • And that's why we're interested in purchasing some of those places back.
AZ

Arizona 2026 Regular Session

01/21/2026 - Senate Floor Session

Arizona Senate Floor Meeting

Transcript Highlights:
  • God, grant our senators some of that courage and integrity to always act in the best interests of their
  • Jose, thank you for your interest and your participation in civic engagement.
  • She enjoys reading, has a strong interest in politics, and is thinking about becoming a lawyer.
  • SB 1240, probation successive incentive payments calculation; Judiciary and Elections.
Keywords: 1182, all
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Pensions and Retirement - 05/05/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • culmination of a certain amount of work to try to find a solution to this, to represent the best interests
  • to this to represent the best interests to this to represent the best interests of<00:21:49.120>
  • Specifically, it's about calculating the amount of assets in the PAR plan that have to be transferred
  • So, appendix C just<00:41:42.640> provides<00:41:43.040> the<00:41:43.280> calculation
  • <00:41:43.920> method just provides the calculation method just provides the calculation method
Keywords: 1187, senate, all
KY
Transcript Highlights:
  • Pretty interesting. The 88,000 participants is very interesting as well.
  • . calculators. calculators.
  • Uh, interested in that. And then this is my last slide.
  • Uh, interested in that. And then this is my last slide.
  • interested in that. interested in that.
Summary: The Public Pension Oversight Board received updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. Chris Biddle reported that deferred compensation assets had grown to about $4.787 billion with roughly 88,000 participants, crediting auto-enrollment, targeted marketing around pay raises, and retiree-focused services. He said the board’s self-directed brokerage account, authorized by last year’s legislation, is being designed around a $40,000 account-balance threshold with up to 25% transferable into the brokerage window, tentatively for July 1 of the coming year. He also described the free financial planning program, which has been used by about 3,300 to 3,500 participants with an 87% return rate, and noted that the plan is currently in a fee holiday; members asked about the fee structure and whether the CFP service is provided through Nationwide, which Biddle confirmed. Board members praised the deferred compensation program’s growth and asked for the legislation referenced by Biddle. He said the plan’s annual fees are capped, with a $1 monthly fee plus other charges up to a $225 cap, for a maximum of $237 per year absent a managed account. He also said the program is seeking unified payroll access to expand participation, especially among teachers, and that prior lineup changes saved about $6 million annually in participant fees. Bo Barnes of TRS then addressed retired teachers’ health insurance, first clarifying a prior question about declining federal contributions to the retirement annuity trust. He explained that federally funded school positions generated contributions that rose from $72 million in 2019 to $109 million in 2022, then fell to $85 million this year, with a projection of $80 million over the next three years; if those dollars do not come from federal sources, they would have to be replaced through the SEEK formula. Barnes then reviewed TRS health coverage, explaining that the statutory contract guarantees access to group coverage but not fixed premium levels, and that TRS administers two retiree plans: KEHP for retirees under 65 or otherwise not Medicare-eligible, and MEHP for retirees 65 and older or Medicare-eligible. Barnes said TRS completed RFPs for the 2026 plan year, retaining Express Scripts for prescription drugs and switching the Medicare Advantage medical provider from UnitedHealthcare to Humana, while keeping plan design, provider access, out-of-pocket costs, and benefits materially unchanged. He noted a modest hearing-aid improvement of $500 per ear beginning in 2026. He also reported that the TRS Board approved the maximum state contribution for KEHP at $1,044.96, up from $930.76, an 18% increase that he said would require about $15 million to $16 million more annually, while the MEHP premium would drop from $210 to $200 per month because of the new contract. Using the 2024 valuation, he said the KEHP increase would slightly reduce the health trust funded ratio from 80.4% to 80.1% and raise unfunded liability from $4.036 billion to $4.051 billion. Barnes closed by reviewing the 2010 shared-responsibility reforms that shifted retiree health costs away from a pay-as-you-go model, including phased employee and district contributions and Commonwealth stabilization funding. No votes were taken beyond approval of the minutes.
WY

Wyoming 2026 Regular Session

House Floor Session-Day 5, February 13, 2026-PM

Wyoming House Floor Meeting

Transcript Highlights:
  • I want you to be vested interest here.
  • calculating our uh forecasted<00:12:33.760> revenues.
  • Um, this became kind of an an interesting<00:29:18.880> discussion<00:29:20.000> in interesting
  • projected calculation for entitlement projected calculation for entitlement payments<00:43:08.960
  • . interest. interest.
Keywords: 916, all
TX

Texas 89th Regular

Senate Session (Part I) Mar 19th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • Pretty interested in that part of the bill, okay? How does Senate Bill 12 make changes?
  • We're interested. by the good Lord to guide them into adulthood.
  • You know, it's interesting you bring that up because that very type of example of, I guess. might call
TX

Texas 89th Regular

Senate Session (Part III) Mar 19th, 2025

Texas Senate Floor Meeting

NM

New Mexico 2025 Regular Session

IC - Public School Capital Outlay Oversight Task Jul 14th, 2025

Public School Capital Outlay Oversight Task Force

Transcript Highlights:
  • discussion regarding the updates to some of the adequacy standards as well as the square footage calculator
  • before to now, it's been beneficial regarding the adequacy standards change and the square footage calculator
  • It's better because ultimately we're giving square footage based on the calculator and design professionals
  • So the gross square footage calculator increase was big for us, not only us but other school districts
  • members, I would have to look to see what they got awarded. when they got awarded and if the new calculator
NH

New Hampshire 2025 Regular Session

House Session (03/20/2025)

New Hampshire House Floor Meeting

Transcript Highlights:
  • <01:44:21.360> these who would analyze and calculate these who would analyze and calculate
  • automatically approving best interest automatically approving best interest interest<01:59:15.000
  • <02:02:16.880> the in their child's best interest the in their child's best interest the burden
  • <02:14:40.960> of Guardians in the best interest of Guardians in the best interest of students
  • The Chair recognized Representative Cahill. it is in the interest of both parties to it is in the interest
Keywords: 1189, house, all
MN
Transcript Highlights:
  • Under controlling federal law, the money in the irrevocable trust should have been calculated as should
  • not have been calculated as Ms.
  • as should not have been been calculated as should not have been calculated<00:05:23.920> as<00
  • <00:05:24.240> Guyon's calculated as Ms. Guyon's calculated as Ms.
  • Compensation is calculated as 4% times $114,260, which equals $4,570.40.
Keywords: 919, house, all
Summary: The Joint House and Senate Subcommittee on Claims convened on April 30, first without quorum and then with quorum, at which point the committee corrected and approved the prior minutes. Members then reviewed several claims held over for informational purposes, including injury claims for Fraser, Larson, Schmidt, Stuart, and Washington, and property claims for Lidberg, Robecky, and Young, with no action taken on those items. The committee dismissed a claim by Ms. Prevally seeking reimbursement for funds liquidated from irrevocable trusts after hearing that the matter had already been litigated in court and that subcommittee rules bar claims for public assistance compensation. The panel then approved two exoneration claims: James Jovan Davis, whose murder conviction was vacated after postconviction proceedings and who settled for $250,000, and Clayton Douglas Groves, whose sexual-conduct convictions were vacated after evidence of prior false accusations was admitted and who settled for $350,000. Testimony from counsel for both claimants emphasized wrongful conviction, the length of incarceration, and negotiated settlement amounts, with members asking about the basis for the compensation and attorney-fee allocations. The final exoneration claim, Marvin Haynes, was also approved. The committee heard that Haynes was convicted as a teenager, later exonerated after new evidence showed false evidence and suggestive eyewitness identification, and that the state and claimant had reached a $4.5 million settlement. The committee then turned to Department of Corrections injury claims, denying Arnold Baker’s claim for lack of evidence of a compensable permanent injury, and approving Mark Carroll’s claim for a $4,570.40 award after he suffered a compensable ankle fracture while working. In property claims, the committee discussed Anthony Edwards’s claim for food, a JPay tablet, and shoes. After testimony from Department of Corrections counsel about property inventory procedures and the lack of a current replacement tablet program, members agreed to compensate Edwards $70 for the missing shoes, deny the food claim, and deny the tablet claim because the tablet had been returned and any malfunction was reported outside the department’s reporting window.