Video & Transcript Research : 'CAP'
Page 108 of 276
TX
Transcript Highlights:
- disproportionately affect low-income households and can lead to service shutoff without a regulated cap
- Many of them are statutorily capped and are at their caps. Got you. To their race. Gotcha. OK.
- Yeah, so, um, In, in, in my district, all of them are statutorily capped. Many are at their caps.
- The vote of each entity will be weighted by the amount of services used and is capped at 25%.
Bills:
HB 1520, HB 1525, HB 1530, HB 1535, HB 2068, HB 2091, HB 2347, HB 2372, HB 2805, HB 2815, HB 2867, HB 3154, HB 3482, HB 3483, HB 3663, HB 3781, HB 3901, HB 3915, HB 4135, HB 4153, HB 4158, HB 4329, HB 4331
Keywords:
Angelina and Neches River Authority, river authority, Sunset Advisory Commission, Texas Sunset Act, Special District Local Laws Code, local government, natural resources, board of directors, director training, board governance, public testimony, open meetings, public information, conflict of interest, ethics, complaint system, general manager, board president, staggered terms, removal of director
MN
Transcript Highlights:
- So what we'll do is we will award you a scholarship, but we cap that amount at Senator Klein continued
- So what we'll do is we will award you a scholarship, but we cap that amount at Senator Key responded:
- So what we'll do is we will award you a scholarship, but we cap that amount at right? right?
- we will award you a scholarship,<00:32:39.039>
but <00:32:39.279>we <00:32:39.440>cap - ><00:32:39.679>
that <00:32:39.919>amount <00:32:40.880>at Scholarship, but we cap
TX
Transcript Highlights:
- I think it's clear to point out that the if it were maxed, the cap at $30,000, whatever the amount is
- It was my understanding this bill basically has a cap of a billion for this biennium.
- The special ed cap was set in 2004. Representative Buckley in Killeen when this happened.
- testify to about the special ed cap? cap that was set in 2004.
- Kent Grusendorf, who was the chair of this committee, I said, were you there, and did you set that cap
Keywords:
education savings account, educational expenses, certified educational assistance organization, school choice, funding, special education, tuition reimbursement, emergency communication, public safety, interoperability, Texas Interoperability Council, grant program, emergency communications, public safety radio, first responders, radio system, dispatch, 911, emergency management, Texas Division of Emergency Management
HI
Hawaii 2025 Regular Session
TRN Public Hearing - Tue Feb 4, 2025 @ 10:00 AM HST
Transcript Highlights:
- I want to note the existing cap of $2 million per contract and aggregate limit of $5 million per party
- Raising project costs and whatnot would allow the higher caps to actually deliver more efficient and
- Raising project costs and whatnot would allow the higher caps to actually deliver more efficient and
- Raising project costs and whatnot would allow the higher caps to actually deliver more efficient and
- Raising project costs and whatnot would allow the higher caps to actually deliver more efficient and
Summary:
The House Committee on Transportation heard a 10 a.m. agenda covering a range of transportation, liability, harbor, and bicycle-related bills. Testimony was mixed on several measures: HB 263, which would exempt full-time college students from vehicle weight tax, drew opposition from the Department of Transportation and others; HB 135, authorizing general obligation bonds to purchase property on the North Shore of Oʻahu, had support; HB 860, granting immunity to the state or county for repairs on roads with disputed jurisdiction, drew support from DOT, DLNR, and the City and County of Honolulu but opposition from the Hawaii Association for Justice; and HB 996, which would abolish joint and several liability for government entities in highway-related civil actions, also drew strong opposition from the Hawaii Association for Justice and support from the Attorney General’s office and DOT. The committee also heard HB 1167, an emergency appropriation for motor carrier enforcement, and HB 1259, which would remove the need for an engineering study before reducing speed limits within 10 mph of the current limit; both had support from DOT and related groups. HB 1156 and HB 960, both related to harbor financing and capital advancement contracts, were supported by DOT, with DOT explaining that higher bond and contract ceilings were needed because project costs have increased since the limits were set decades ago. HB 142, exempting certain nonprofit community-based transportation providers from motor carrier regulation, and HB 914, creating a water carrier inflationary cost index mechanism and allowing PUC exemptions, also received support from multiple stakeholders, with the Consumer Advocacy Division noting that the inflationary adjustment issue was already active in a rate case.
The committee also took testimony on several electric bicycle and micromobility bills. HB 486 would restrict where electric bicycles may operate, prohibit unsafe operation and removal of speed-limiting devices, and fund a safety education campaign; it drew opposition from the Hawaii Bicycling League and several individuals, with one supporter. HB 435 would redefine and classify electric bicycles, raise the minimum operating age, and add registration and use rules; it was supported by DOT and the Hawaii Bicycling League, with one individual opposing. HB 958 would regulate motorized bicycles and electric micromobility devices, require helmets for minors, and fund a coordinated education campaign; it drew support from the City and County of Honolulu, Council Member Tyler Dos Santos-Tam, and the Hawaii Bicycling League, but opposition from Moped Doctors and others, who argued the bill could harm the moped industry and that more study was needed. After testimony, the committee recessed and then reconvened for decision-making.
In decision-making, the committee deferred HB 263 and HB 996. It passed HB 135, HB 860, HB 1167, HB 1259, HB 1156, and HB 960 with amendments, generally adopting HD1 versions, making technical changes, and setting effective dates to July 1, 3000 for the amended measures. The chair explained that HB 263 was deferred because a blanket tax exemption for one class could create inequities and a tax credit might be a better approach. HB 996 was deferred because the chair said the state’s long-standing policy of ensuring safe roads and maintaining accountability for highway design and maintenance remained important. For HB 960, the chair said the current contract caps were too low for modern harbor projects and that higher limits would improve flexibility and efficiency. The committee also noted Representative Cochran was excused for the remaining votes.
CO
Colorado 2026 Regular Session
Colorado House 2026 Legislative Day 069 Mar 24th, 2026
Colorado House Floor Meeting
Transcript Highlights:
- The bill does establish a cap of $8 million as a fund limit.
- The bill does establish a cap million.
- The bill does establish a cap of<01:22:16.080>
$8 <01:22:16.400>million <01:22:17.120> provided with a cap to even begin it. provided with a cap to even begin it.- It should come, it should be a cap. It should be provided with a cap to even begin it.
Summary:
The House convened with a quorum, approved the journal, and heard several announcements about committee schedules and Capitol events, including Faith and Justice Lobby Day, Agriculture Week activities, and a tribute presentation for Sergeant Benjamin Pennington. The tribute honored Pennington’s Army service, his time at Fort Carson, and his death from injuries sustained in an attack on Prince Sultan Air Base; he was posthumously promoted to Staff Sergeant. A member also offered remarks recognizing the sacrifice of service members, and taps was played.
The chamber then took up third reading and final passage on multiple bills. Senate Bill 39, concerning Fire and Police Pension Association disability and survivor benefits, passed 63-1. House Bill 1311, regarding use of a bond in lieu of retainage in construction contracts, passed 55-1 after a brief explanation of support from a member. House Bill 1184, continuing the Colorado Forest Health Council, passed 50-1; House Bill 1305, on inpatient behavioral health access, passed 64-0; and House Bill 1234, on access to child abuse or neglect records, passed 64-0.
Senate Bill 50, requiring certain child care center policy disclosures to caregivers, passed 56-8. Senate Bill 84, preserving privileges for certain state entities in connection with information provided to the state auditor and fraud hotline duties, passed 42-12. House Bill 1186, continuing regulation of bail bonding agents by the Division of Insurance, passed 61-13. House Bill 1181, continuing the Barber and Cosmetologist Act, passed 51-13 after a member requested removal of their name as a co-sponsor.
The House also moved Senate Bill 21 back to the general orders calendar and set several bills as special orders. In the House Special Committee on Legislative Interim Activities, House Bill 1331 was heard; the appropriations committee report was adopted after members noted a roughly $400,000 general fund reduction and a 3.3 FTE staffing reduction. The bill itself would suspend 10 interim committees, repeal two committees, and limit travel and per diem reimbursements to help address the budget gap. Supporters said the measure was similar to last year’s bill and encouraged continued policy work outside formal interim committees, while opponents argued that some committees, especially those related to water, behavioral health, and youth, should be preserved and questioned the prioritization of the Colorado Youth Advisory Council and related costs.
NH
New Hampshire 2025 Regular Session
House Finance Division III (03/17/2025)
Transcript Highlights:
- The amounts that the counties are obligated to fund for the county cap or for the long-term care costs
- or for the long-term care County cap or for the long-term care costs<00:27:44.840>
are <00:27: - Another type of benefit these children could be receiving, which would actually have a resource cap,
- And so the benefits that they would receive, again, there would be a resource cap of $2,000 that they
- Another type of benefit these children could be receiving, which would actually have a resource cap,
Summary:
Division 3 Finance held a work session to move through five bills before noon, noting one member’s early departure and adjusting the order of bills accordingly. The first item, HB 54, would allow some alternative treatment centers in the medical cannabis system to operate for profit. Members discussed a fiscal note showing a one-time $133,000 cost, which was described as a Division 1 budget item to be handled through HB 2 rather than directly in Division 3. After discussion about keeping Division 1 informed and the distinction between retaining a bill versus funding it, the committee voted unanimously to retain HB 54 for further finance work and conversion into HB 2.
The committee then took up HB 547, concerning reimbursement to counties for enhanced FMAP funds during the COVID period. The chair summarized the issue as federal enhanced Medicaid matching funds that were received by the state before authority existed to pass them through to counties, creating a disputed amount owed to counties. County representatives said the money should have gone to counties and clarified the relevant time period, while the department did not take a position. The chair proposed retaining the bill and moving it into HB 2, with discussion of a possible four-year repayment structure in equal annual installments. The committee agreed to retain the bill for continued work in the budget process.
During the HB 547 discussion, members also clarified the fiscal and accounting details, including that the fiscal note had not been widely available and that some figures in the note should be treated as county revenue rather than county expenditure. Testimony explained that the enhanced FMAP increased from 50 percent to 56.2 percent, and that the state’s and counties’ shares of claims were affected by the timing of the federal change and the later state authorization. The committee emphasized that the issue was complex and budget-dependent, and that retaining the bill would allow further negotiation and incorporation into HB 2 rather than immediate final action.
CA
California 2025-2026 Regular Session
Assembly Local Government Committee Jun 17th, 2026
Local Government
Transcript Highlights:
- including Hercules, to seek voter approval for a local transaction and use tax above the current statewide cap
- including Hercules, to seek voter approval for a local transaction and use tax above the current statewide cap
- Instead, it puts reasonable caps on consultant compensation and requires full transparency throughout
CA
California 2025-2026 Regular Session
Assembly Local Government Committee Jun 17th, 2026
Transcript Highlights:
- including Hercules, to seek voter approval for a local transaction and use tax above the current statewide cap
- including Hercules, to seek voter approval for a local transaction and use tax above the current statewide cap
- Instead, it puts reasonable caps on consultant compensation and requires full transparency throughout
Summary:
The Assembly Local Government Committee heard a long agenda of local government, housing, transportation, and public safety bills. Early items included SB 762, which would give certain local governments a voter-approved path to seek additional local sales tax authority to address fiscal pressures; SB 1400, which would modernize Alameda Health System governance and give Alameda County more flexibility and oversight; and SB 1408, which would authorize Contra Costa County to place a renewal of its transportation sales tax on the ballot. Supporters for those bills included local officials, county representatives, labor groups, fire and police organizations, and transit advocates, while no organized opposition was presented on those measures in committee.
The committee also heard SB 1272, which would give homeowners more time to correct certain inherited code violations and allow an affidavit process for buyers who did not know about the violation at purchase. The bill drew support from the California Apartment Association and opposition from code enforcement and county groups, who argued it would reduce local enforcement discretion and create health and safety risks. After questions about disclosure and enforcement, the committee approved SB 1272 as amended and re-referred it to Appropriations. SB 1055, dealing with procurement flexibility for Pajaro flood control and levee repairs, also passed as amended and was sent to Appropriations.
Later, the committee approved SB 1379, which would separate the Riverside County Sheriff-Coroner and create an independent medical examiner system. The author and supporters argued the change was needed for transparency and independence in in-custody death investigations, while opponents raised labor, cost, and governance concerns; some opposition was softened after the author agreed to employee-protection amendments. The committee also passed SB 1172, limiting consultant compensation and adding transparency rules for local tax-sharing agreements, and several housing bills from Senator Grayson: SB 1003 on pro-housing infrastructure financing districts, SB 1014 on early disclosure of infrastructure requirements for housing projects, and SB 1169 on extending tentative vesting map validity. The committee took votes on consent items and later add-ons, with most measures passing on bipartisan or unanimous votes and several being re-referred to Appropriations or Housing and Community Development as appropriate.
AR
Arkansas 2026 1st Special Session
EDUCATION COMMITTEE - SENATE AND HOUSE Mar 9th, 2026
Transcript Highlights:
- open-enrollment charter schools, with their first year adding grade levels and expanding enrollment caps
- enrollment charter schools, with their in their first year adding grade levels, expanding enrollment caps
- , they have, they'll use a current year count, but otherwise, Expanding enrollment caps, they'll use
Summary:
The House and Senate Education Committee first approved minutes from February 2 and 3, then heard an interim study proposal on Arkansas adult education, presented by Goodwill Industries of Arkansas and the Excel Center network. Witnesses described the state’s adult diploma gap, arguing that roughly 300,000 Arkansans over age 19 lack a high school diploma or GED and that the Excel Center provides a supported, diploma-based alternative with child care, transportation help, tutoring, and career services. Goodwill officials said the Arkansas campuses are the state’s only public adult charter high schools, are not state-funded, and have produced strong enrollment growth and graduation outcomes. A University of Notre Dame researcher testified that a study of Excel Center graduates found higher employment and earnings, more credential and college-credit attainment, and lower criminal justice involvement, with a high estimated return on public investment. Some members questioned the framing of Arkansas’s adult education challenges and whether the state was being portrayed too negatively, while others asked about wraparound services and the role of nonprofit providers. The committee ultimately adopted the interim study proposal, though there was some procedural confusion and debate about whether questions should have come before the vote.
The committee then received a detailed Bureau of Legislative Research presentation on Arkansas K-12 education funding as part of the adequacy study. Staff reviewed national funding principles and Arkansas’s funding structure, including state, local, and other revenues; the Public School Fund; Department of Education operations; and the Facilities Partnership Program. They explained that 2025 K-12 state and local revenues totaled about $6.6 billion, with foundation funding, categorical funding, supplemental funding, and additional funding distributed to districts and charters. The presentation covered the matrix used to calculate foundation funding, the role of the uniform rate of tax, the Educational Excellence Trust Fund, the Educational Adequacy Fund, and how charter schools are funded differently from traditional districts. Staff also discussed categorical programs such as alternative learning environments, English learner funding, enhanced student achievement, and professional development, as well as supplemental categories including transportation, special education high-cost occurrences, teacher salary equalization, declining enrollment, and student growth.
Members asked numerous questions about the funding formulas, the meaning of specific staffing categories, how categorical funds are used, and the number of districts receiving teacher salary equalization or ALE funding. One member noted that the Excel Center’s funding appeared in the broader state-local totals and asked for clarification. Staff said some of the more detailed spending questions would be addressed in the next day’s presentation and offered to provide follow-up information, including district lists and historical changes. The meeting ended after the chair noted that the department was present mainly to answer questions, not to deliver a separate update, and no further business was taken up before adjournment.
CO
Colorado 2026 Regular Session
Colorado Senate 2026 Legislative Day 052 Mar 7th, 2026
Colorado Senate Floor Meeting
Transcript Highlights:
- sixth day of James Coleman given this sixth day of March<00:47:55.920>
2026 <00:47:56.800>cap - <00:47:57.440>
state <00:47:57.680>capital <00:47:58.079>Denver March 2026 cap - state capital Denver March 2026 cap state capital Denver Colorado<00:47:58.880>
signed <00:47:
Summary:
The Senate convened with a quorum, approved the March 5, 2026 journal as corrected, and received several committee reports and Senate Services notices. Health and Human Services recommended Senate Bill 41 be postponed indefinitely and reported confirmations for James Vandenberg to the Colorado Prescription Drug Affordability Review Board and multiple nominees to the Air Quality Control Commission. State, Veterans, and Military Affairs reported Senate Bills 47, 106, and 107, with SB 47 amended and sent to the Committee of the Whole with a favorable recommendation, while SBs 106 and 107 were postponed indefinitely. Local Government and Housing reported Senate Bills 109 and 92, both amended and sent to the Committee of the Whole, with SB 92 also recommended for the consent calendar.
On the floor, Senate Joint Memorial 003 was read and then laid over until March 17, 2026. The Senate passed House Bill 1020, concerning calorimetric field drug tests in drug possession cases, and Senate Bill 95, concerning support for victim survivors of certain crimes, both on third reading and final passage by unanimous 33-0 votes. The Senate then went into Committee of the Whole on consent-calendar and general-order bills, where House Bill 1115 was advanced on second reading, and House Bill 1068, concerning remote participation policies for certain legislative committee meetings, was amended and advanced on second reading. Senate Bills 40 and 87 were laid over until March 9, 2026.
The Senate also laid over Senate Resolution 004, recognizing October 26, 2026 as Conflict Resolution Month in Colorado, until March 9, 2026. The chamber confirmed appointments on the consent calendar to the Board of Commissioners of Veterans Community Living Centers, the State Personnel Board, and the Colorado Racing Commission by a 34-0 vote with one excused. During announcements and personal privilege remarks, senators recognized HIV and Harm Reduction Advocacy Day, the Urban Leadership Foundation of Colorado, Jack and Jill of America, and the Denver Zoo Conservation Alliance. The Senate later recessed until 11 a.m. that day.
NM
New Mexico 2026 Regular Session
House - Taxation and Revenue Feb 11th, 2026 at 08:37 am
House Taxation & Revenue
Transcript Highlights:
- Would you consider lifting the cap on foster families?
- But if this were to go forward, if there happens to be cap space created on the Senate side for tax purposes
- that's in their placement for more than six months, I didn't hear this as pertaining to any particular cap
FL
Florida 2026 5th Special Session
Judiciary Jan 20th, 2026
Transcript Highlights:
- Senator Polsky then asked whether he would be open to capping the commission rate at the same level as
- Senator Yarborough said he would consider capping the commission rate, but wanted to research and get
- Senator Yarborough said he would consider capping the commission rate, but wanted to research the first
Summary:
The committee heard and advanced several bills. SB 624, by Senator Yarborough, would allow batterers intervention programs to offer optional supplemental faith-based activities, with no participant required to take part; supporters said it would expand provider options amid a shortage of certified programs, while opponents raised concerns about government speech and mixing religion with court-ordered programming. After debate, the bill was reported favorably 7-2. The committee also considered CS/SB 834, which repeals a 2022 restriction preventing licensed insurance agents from marketing or selling health care sharing ministries; supporters framed it as restoring choice and free speech, while opponents warned about consumer confusion, commissions, and lack of insurance protections. It was reported favorably 8-2.
The committee next approved CS/SB 502, via a strike-all amendment, to give Florida concurrent jurisdiction over certain juvenile offenses on military installations so juveniles can be handled in state juvenile court rather than federal court; the amendment and bill both passed unanimously. CS/SB 52 also passed unanimously after testimony from church leaders and security personnel supporting an exemption from Class D/G licensing for unpaid armed security volunteers at places of worship. Supporters said the bill would clarify legal gray areas and help churches afford security, while members noted the broader concern that houses of worship need armed protection at all.
Finally, the committee reported favorably SB 840, which revises last year’s emergency/local planning law by narrowing its application after storms from 100 miles to 50 miles of the storm track and exempting certain water, flood, and state/federal planning matters; local government representatives supported the clarification, and the bill passed 9-0. CS/SB 758, as amended, updated the membership of the Justice Administration Commission to better reflect the entities it oversees, and it also passed 9-0. The meeting ended with a recorded affirmative vote from Senator DeSigley on SB 624.
NM
Transcript Highlights:
- that pertain to limiting the initial term that we approve virtual programs and to place enrollment caps
- Schools, which are approved by the PEC, and they've got a charter, they've got a grant, enrollment caps
- You know, ban online growth seems reasonable, cap growth, you know, ban online rural units.
NM
New Mexico 2025 Regular Session
IC - Indian Affairs Nov 14th, 2025
House Government, Elections & Indian Affairs
Transcript Highlights:
- There are going to be caps on loans with low interest rates for graduate students to complete grad school
- So there's the elimination of new Grad Plus loans and tighter borrowing caps for graduate students.
- I believe Senator Shendell mentioned, so we know how much capital outlay money the cap is that we can
NM
New Mexico 2025 Regular Session
IC - Public School Capital Outlay Oversight Task Oct 10th, 2025
Public School Capital Outlay Oversight Task Force
Transcript Highlights:
- Finally, determination of funding caps—if there would be a cap per district, per school, per bus—and
- Cap or criteria to limit these exorbitant costs, because if you're not paying attention, all of a sudden
FL
Florida 2026 5th Special Session
Appropriations Committee on Higher Education Oct 8th, 2025
Transcript Highlights:
- first one is our workforce development capitalization incentive grant, or simply what we call workforce cap
- first one is our workforce development capitalization incentive grant, or simply what we call workforce cap
- The grant dollars that you provide through the CAP grant and other grants are very much appreciated and
Summary:
The Higher Education Appropriations Committee met for its first meeting of the session and heard presentations focused on workforce education in the Florida College System and district technical colleges. Members introduced themselves and discussed their personal connections to higher education, then heard from Department of Education senior chancellor Kevin O’Farrell, South Florida State College president Fred Hawkins, and Pinellas Technical College representative Mark Hunt. O’Farrell outlined the department’s budget request, including increases for adult education, Florida College System program funds, workforce development capitalization grants, apprenticeship and teacher apprenticeship programs, Open Door scholarships, and CAPE industry certification funding. He emphasized record growth in enrollments, completions, dual enrollment, and program offerings, and described grant-funded expansion in fields such as health sciences, manufacturing, logistics, aerospace, and AI-related programs.
Committee members raised concerns about whether current programs match actual labor-market demand, how artificial intelligence may reduce future human labor needs in some fields, and how the state should avoid unwarranted duplication of programs. O’Farrell said the department uses economic forecasts, employer demand data, and a CTE audit process to review programs and phase out those that do not meet performance thresholds. Members also asked for more detail on the teacher apprenticeship model, the transition from technical college clock hours to college credit, job placement and salary outcomes, and the LPN-to-RN pathway. O’Farrell said he would provide additional information later.
Hawkins described South Florida State College’s rural service area, low college-going rates, and difficulty recruiting and retaining faculty and staff because salaries lag behind local market alternatives and nearby school district pay. He said the college has had to turn away students in high-demand programs due to staffing and operational limits, while also noting strong outcomes in nursing, dental hygiene, EMT/paramedic, and radiography. Hunt said Pinellas Technical College serves about 5,000 students annually, including many dual-enrolled high school students, and reported a placement rate above 90% and strong local economic returns. He said many programs have waiting lists and that additional operational funding is needed to meet demand, maintain equipment, and keep pace with salary and cost increases. The meeting ended after public comment was opened and no further business was brought before the committee, and the committee adjourned.
TX
Transcript Highlights:
- Ravens captured the UIL 2A Division I State Basketball Championship with a hard-fought 53-49 victory, capping
- The last change in the Senate lifts the cap on the tier two construction reimbursement program from a
- This body made clear in legislation that the money spent on vouchers would be capped at a billion, and
Bills:
HB149, HB2017, HB705, HB223, HB 1056, HB2854, HB4623, HB3000, HB46, HB 117, HB3619, HB4464, HB5646, HCR84, HB500, HB2963, HB5509, HB1973, HB3909, HB718, HB252, HB5666, HB 119, HB346, HB5624, HB5658, HB5677, HB1545, HB3073, HB4081, HB 121, HB4236, HB3848, HB4144, HB40, HB5682, HB3697, HB3333, HB3642, HB20, HB549, HB2731, HB4233, HB4690, HB 127, HB2525, SB1637, SB1, SB1198, SB509, SB13, SB15, SB30, SB268, SB331, SB441, SB447, SB457, SB568, SB650, SB763, SB1540, SB1610, SB1660, SB2018, SB2024, SB2217, SB2337, SB2753, SB2900, SB2972, SB3059, HB14
Keywords:
artificial intelligence, regulation, biometric data, ethical AI, consumer protection, AI governance, intoxication manslaughter, criminal penalties, community supervision, mandatory supervision, parole eligibility, Grayson's Law, cosmetology, licensure, interstate compact, state regulations, public safety, workforce mobility, municipality, procurement
TX
Transcript Highlights:
- Well, I know the legislature has tried to cap property taxes by having caps and... Yes, sir.
- So is this a way to get around the caps that the legislature is trying to put on property?
TX
Transcript Highlights:
- Notably The substitute raises the employee cap from 100 to 250 and extends the timeline for small businesses
- out of the Senate last session, it tied the interest rate increase to the federal funds rate with a cap
- talking about what it would look like if we did move. interest rates to 36 percent, but actually capping
Bills:
SB 1113, SB 1117, SB 1206, SB 1460, SB 1802, SB 1906, SB 1917, SB 2340, SB 2455, SB 2680, SB 2690, SB 705, SB 748
Keywords:
SB 1113, converter's license, converter license, motor vehicle dealer, auto dealer, vehicle conversion, converted vehicles, direct sales, retail sales, trailer, semitrailer, manufactured trailer, chassis, manufacturer's statement of origin, MSO, Occupations Code, Transportation Code, Texas Department of Motor Vehicles, dealer licensing, general distinguishing number
Summary:
The meeting of the Senate Business and Commerce Committee was marked by discussions on several significant bills, with a keen emphasis on legislative updates and committee substitutes. Notably, Senator Blanco presented a new committee substitute for SB2610, which modifies the employee cap from 100 to 250 and extends the update timeline for cyber security programs for small businesses. This substitute was adopted unanimously, reflecting a collaborative agreement among the committee members. Additionally, there were discussions surrounding SB1856 as Senator Crayton provided insights into how stakeholder feedback influenced the bill's committee substitute. The committee ultimately voted in favor, pushing it towards the local and contested calendar, indicating the bill's progression through legislative channels.
TX
Transcript Highlights:
- Uh, that's gonna be well over, right now, you're capped at 3.5% unless you go to a voter approval rate
- But right now they're capped at 3.5%. I don't know that they went to 3.5% last year.
- I do think the, the 3.5% revenue cap that was passed, I think in 2020, you know, I certainly think that's