Video & Transcript Research : 'adjuster'

Page 10 of 341
CA
Transcript Highlights:
  • The Governor's budget proposes a cost-of-living adjustment at the rate of 2.43% in the amount of $230.4
  • That concludes my overview of the Proposition 98 cost-of-living adjustments and proposed growth funding
  • I'll start by briefly commenting on the proposed apportionment's cost-of-living adjustment, or COLA,
  • also a cost-of-living adjustment that is proposed for select categorical programs. ...ultimately, we
  • also a cost-of-living adjustment that is proposed for select categorical programs.
Summary: The Assembly Budget Subcommittee on Education Finance held a hearing focused on California Community College budget proposals. Chair Alvarez opened by emphasizing the system’s role in access, transfer, workforce training, and serving more than 2 million students, while also noting persistent challenges in enrollment, persistence, transfer, and graduation. Public commenters and system representatives broadly supported COLA, enrollment growth funding, deferred maintenance, student support block grants, and additional flexibility for districts facing uncertainty. The first major panel covered the student-centered funding formula, COLA, and enrollment growth. The Department of Finance said the Governor proposes a 2.43% COLA ($230.4 million) and 0.5% enrollment growth funding ($30.4 million). The LAO said the COLA was reasonable and recommended funding at least the proposed growth amount, citing uneven enrollment recovery and regional differences. The Chancellor’s Office supported both proposals and asked for additional changes, including using the greater of current-year or three-year average for apportionments and lifting the 10% local enrollment cap, arguing these would better fund growing districts. Members questioned how the formula works, whether SCFF is improving outcomes, and how much additional funding would be needed under different growth scenarios. The committee then reviewed categorical program COLAs, Rising Scholars, career education proposals, IT proposals, and student housing. The Governor proposed a 2.43% COLA for selected categorical programs ($31.9 million). For Rising Scholars, the Governor proposed $30 million ongoing and removal of the cap on participating colleges; the LAO urged waiting for outcome data before doubling funding, while the Chancellor’s Office said the program is serving more students and supports equity for justice-impacted students. On career education, the Governor proposed $50 million for credit for prior learning and $50 million for a career passport; the LAO supported more reporting on credit for prior learning but recommended rejecting the career passport as too undefined, while the Chancellor’s Office supported both. On technology, the Governor proposed $162.5 million for a common cloud data platform and $168 million for a common ERP system; the LAO said both were premature or lacked sufficient planning and recommended rejection, while the Chancellor’s Office argued they would improve real-time data, security, and systemwide efficiency. The committee also heard an update on student housing: the administration said the 2024 shift to a lease-revenue bond model remains in progress for 13 approved projects, with 11 still active, and members asked about withdrawn projects and possible use of any returned funds. No votes were taken, and several items were held open for further discussion and May Revision updates.
HI
Transcript Highlights:
  • adjustments to fix whatever is happening that is unintended.
  • It defines automatic adjustment mechanism.
  • Ru making to um make back and adjust Ru making to um make adjustments<00:37:03.960> to<00:37:
  • to fix whatever is happening adjustments to fix whatever is happening that<00:37:08.079> is<00
  • act defines automatic adjustment act defines automatic adjustment mechanism<00:38:54.040> voice
Keywords: 910, house, all
Summary: The House Committee on Transportation heard several bills on March 11, including measures on harbor vessel requirements, transportation funding, clean fuels, water carriers, parking enforcement, and electric mobility. For SB 1402 SD1 on vessels in state commercial harbors, testimony was split: the General Contractors Association of Hawaii and the Longline Association supported it, while Hol Holo Charters and one individual opposed it, saying the bill should be more specific about tourboat operators. For SB 1473 on central services assessments, SB 321 on privately owned roads, and SB 419 on insurance coverage for child passenger restraint systems, the committee heard brief testimony with no noted objections or actions beyond moving through the agenda. For SB 1009 SD2 on parking, the bill would create fines for misuse of disability and EV parking spaces and direct the revenue to the Safe Routes to School special fund. Support came from Ulupono Initiative, Climate Protectors Hawaii, the Disability Communication Access Board, and others, while the Retail Merchants of Hawaii supported the bill’s intent but questioned using the fines for Safe Routes to School, and Hawaiian Electric suggested directing EV-related fines to the EV charging system subaccount instead. Hawaii Appleseed supported the measure but raised concerns about the size of the fines and possible impacts on low-income residents. The committee asked questions about enforcement when EV chargers are inoperable; DAGS indicated the stalls could be used and would not be enforced in that situation. For SB 1120 on a clean fuel standard, the Department of Transportation supported the measure but asked for the implementation date to be delayed by one year and requested an independent Hawaii-specific economic impact study due before the next session. Support also came from several transportation, airline, and industry groups, while Tim Rhymer and Frank Schultz opposed it. The committee then heard SB 21 on water carriers, which would authorize a PUC inflationary cost index adjustment mechanism and exemptions; DOT, the Chamber of Commerce Hawaii, Young Brothers, and the Hawaii Harbors Users Group supported it, while Frank Schultz opposed. Finally, the committee heard SB 117 on electric mobility, which would expand and rename the rebate program, set age limits and operating rules for e-bikes and electric motorcycles, require insurance for electric motorcycle operators, and make conforming changes. Testimony was largely supportive, including from DOT, the Hawaii Bicycling League, the Queen’s pediatric trauma center, and Ulupono Initiative, though one testifier warned that the bill’s wattage definition could unintentionally capture some pedal-assist e-bikes. No votes were taken on the individual bills in the portions shown, and the transcript ended with the committee continuing its hearing agenda.
AR

Arkansas 2026 1st Special Session

ALC-STATE INSURANCE PROGRAMS OVERSIGHT SUBCOMMITTEE Jun 17th, 2026

ALC-STATE INSURANCE PROGRAMS OVERSIGHT SUBCOMMITTEE

Transcript Highlights:
  • Grant, is there—do we have an expectation in terms of time frame on adjusting currently?
  • So do we have an expectation set of what that looks like from an adjusting standpoint?
  • So do we have an expectation set of what that looks like from an adjusting standpoint?
  • Things as far as the claim administration and adjusting were rocking along very well until we got to
  • ... ...with the right individuals in districts to make sure that these claims are adjusted, and that
Keywords: 1204, all
Summary: The State Insurance Programs Oversight Subcommittee met on June 17 and reviewed a series of Employee Benefits Division and Office of Property Risk items. Grant Wallace presented March and April formulary changes, including moving to lower-cost generic and preferred drugs, leaving several new-to-market drugs not covered, and adjusting migraine and diabetes medications; the committee approved those recommendations. The subcommittee also approved a cell and gene therapy policy that excludes automatic coverage for those therapies so they can undergo prior authorization and review, with members emphasizing that the policy was intended to create review, not an absolute denial, and that expedited appeals would remain available. Members spent significant time discussing the UAMS pharmacy benefit consultant amendment. Wallace explained that the contract included both basic services and optional services related to coupon and rebate management and prior authorization support, but the written materials created confusion over the dollar amount. After questions about whether the committee was approving a higher amount than the base contract and whether the optional services duplicated work already being done by Navitus, the committee agreed to review the item with a contingency that any use of the optional services would return to the committee for approval. The committee also reviewed and approved the U.S. Able Mutual/Blue Advantage third-party administrator contract, the CompSack employee assistance program contract, and the proposed 2027 employee and public employee rates, which call for a 9.8% increase for state employees and a 4.9% increase for public school employees. On the property risk side, the committee reviewed permanent rules for the property insurance program, a contingency-fee subrogation contract with Denenberg-Tuffley, and renewals for Sedgwick claims management, Actuarial Advantage, and Stevens Capital Management. Wallace said Sedgwick had faced delays after a major winter storm and other weather events, but performance guarantees and communication expectations were being added; members discussed whether a shorter renewal term would be preferable, but the item was reviewed. The committee also approved the 2026-27 captive insurance program rates, which Wallace said would lower the overall rate by 10% while keeping minimum deductibles unchanged. He noted the program had stabilized after a difficult first year and that the rate structure was now based on a more transparent actuarial foundation. The meeting ended with an update that the UnitedHealthcare rebid was nearing completion and would return in August, and the committee adjourned after approving the remaining items.
NM
Transcript Highlights:
  • I will talk about the adjusted agenda after this. Daniel, you have two minutes, okay? Thank you.
  • Thank you for adjusting the agenda; it's greatly appreciated.
  • It can be adjusted to meet your individual needs, whether you're a commuter traveling between Santa Fe
  • For some context, the gasoline rate adjusted for CPI inflation would be the 13th highest across states
  • Rates would need to be adjusted for inflation and also adjusted for the average fuel efficiency of vehicles
TX

Texas 89th Regular

Appropriations Feb 19th, 2025

Appropriations

Transcript Highlights:
  • The legacy payment will adjust in order to do that.
  • On page 7, I'll talk a little bit about a cost of living adjustment that ERS just paid.
  • We have to make adjustments for that and those adjustments impact uh... the preparation and delivery
  • in the revenue we've just adjusted for that.
  • Or do there need to be some adjustments on that? What's your feeling about that?
Keywords: 1184, house, all
HI

Hawaii 2025 Regular Session

EEP-TRN-AEN-TCA Informational Briefing 06-25-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • <00:27:52.080> with<00:27:52.320> industry It's going to be adjusting with industry
  • It's going to be adjusting with industry and<00:27:52.880> with<00:27:53.120> technology
  • So adjusting that by five years target.
  • Adjustments that are necessary to get to a 2045 clean energy goal.
  • <02:03:18.880> along things may need to get adjusted along things may need to get adjusted
Keywords: 912, senate, all
Summary: The joint informational briefing focused on the Hawaii Department of Transportation’s work under the Navah settlement, which was described as a first-of-its-kind climate agreement tied to the state’s constitutional public trust and clean-environment obligations. Speakers said the settlement was intended to accelerate progress toward Hawaii’s 2030 and 2045 clean energy goals, especially by addressing transportation, the state’s largest source of greenhouse gas emissions. They emphasized that the agreement formalizes milestones, reduces dependence on changing administrations, and includes a role for the legislature alongside the courts and executive branch. DOT and Earthjustice representatives outlined the main settlement deliverables: creation of a new Office of Energy Security and Community Outreach, formation of a youth council, and development of an emissions reduction plan that will be updated over time. They also highlighted a new project-level greenhouse gas/VMT scoring tool, described as the first of its kind in the nation for DOT-wide use, to evaluate the climate impact of transportation projects. The presentation tied these efforts to prior legislative actions, including the state’s climate emergency declaration, net-zero/net-negative targets, and Act 131’s requirements for multimodal network planning and emissions reporting. A substantial portion of the briefing was devoted to the youth council, which reported 20 members selected from 83 applicants, representation from across the islands, and work on bylaws, committees, and outreach. Youth members described feedback they gave on the energy security plan, a student leadership summit presentation, and future plans to meet with legislators and participate in the Climate Future Forum. DOT also said the settlement’s transportation strategies include clean fuels, electrification, aviation sustainable aviation fuel, marine shore power, and carbon sequestration, including expanded native tree planting and fire mitigation work. No formal votes or legislative actions were taken during the briefing. Members discussed implementation challenges, including cost and supply constraints for aviation and marine decarbonization, but DOT said industry stakeholders were not rejecting the goals, only raising affordability and timing concerns. Officials also noted that a GIS map for network gaps was in development and that the settlement’s pedestrian, bike, and transit connectivity requirement would compress roughly 15 years of work into five years, with an estimated annual commitment of $40 million to $50 million.
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Pensions and Retirement - 04/01/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • increasing the postretirement adjustment increasing the postretirement adjustment for<00:09:10.240
  • When you 1% cost of living adjustment.
  • So, postretirement adjustments have been and they are more impactful to us.
  • So, a postretirement adjustment today.
  • living adjustments. That was important. living adjustments. That was important.
Keywords: 1187, senate, all
MN

Minnesota 2025 1st Special Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 2/13/25 - Part 1

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • offered numerous necessary adjustments offered numerous necessary adjustments to<00:08:54.880>
  • This bill would provide additional time for businesses to adjust their payroll systems, staffing plans
  • This bill would provide additional time for businesses to adjust their payroll systems, staffing plans
  • This will help identify remaining technical and customer service challenges, allowing for adjustments
  • risks adjust adjustments this policy risks adjust adjustments this policy risks creating<00:42
Keywords: 1183, house
KY
Transcript Highlights:
  • . >> 902 KAR 8060 amends salary adjustment provisions for local health departments to establish that
  • Clarify protection from loss of salary increase for an in-range salary adjustment based on a change in
  • All regulations have staff suggested amendments. >> 902 KAR 8060 amends salary adjustment provisions
  • >> 902 8060 amends salary adjustment >> 902 8060 amends salary adjustment provisions
  • salary adjustment, clarify provisions for<00:12:54.200> extending<00:12:54.880> an<00:
Keywords: 958, all
Summary: The committee met with a quorum, approved the prior meeting’s minutes, and then reviewed a series of administrative regulations from multiple agencies. Most of the regulations were presented as technical updates or policy clarifications, and in each case the committee approved staff-suggested amendments without objection. The Department of Revenue regulation would delete a section on tax credits for trusts and estates to align with statute. The Kentucky Public Pensions Authority package updated definitions, sick leave credit rules, hazardous/non-hazardous employment participation, refund procedures, contribution limits, mortality table references, and incorporated federal tax references. The Board of Medical Licensure regulations addressed renewal and activation of inactive physician-assistant licenses and renewal/reinstatement timelines for athletic trainer licenses. The Fish and Wildlife regulations revised rules for Otter Creek and Peabody areas by deleting definitions and creating shooting-range permit exemptions. The committee also heard emergency vocational rehabilitation regulations that would clarify definitions, due process rights, federal compliance, service fees, in-state service preferences, and service-specific requirements; a workforce insurance regulation updating contribution/reporting rules for professional employer organizations; and a horse racing regulation adding license categories for allied animal health professionals, animal chiropractors, and equine dental providers, while updating fees, application timing, and special events licensing. Members asked questions about the horse racing licensure changes, and the agency explained they were responding to prior session changes and adding guardrails, including veterinarian sign-off for equine therapist licensure on the back side of a racetrack. The Department for Public Health package made several personnel and salary-related changes for local health departments, including salary ranges for new hires, probation and evaluation rules, salary increases after probation, and limits on certain leave payouts for employees who separate without proper notice or are dismissed for cause. The Office of Inspector General regulation added electronic prescription references and removed authority to create a new prescription number for partial dispensing of Schedule II prescriptions. The Department for Medicaid Services regulations updated provider group definitions, removed some service limits, required prior authorization for all genetic testing for non-MCO recipients, changed physician fee schedule updates from quarterly to annually, and added reimbursement for department-approved vaccines. Members asked detailed questions about genetic testing prior authorization and sleep disorder coverage; the agency said prior authorization is intended to take two to five days and that sleep disorder services generally involve sleep apnea-related treatments such as CPAP machines and sleep studies. The committee then adjourned and announced its next meeting for Tuesday, May 12 at 1:00 p.m.
NM

New Mexico 2025 Regular Session

IC - Investments and Pensions Oversight Jul 18th, 2025

Investments & Pensions Oversight Committee

Transcript Highlights:
  • Lots of information, you know, that's going on with their cost of living adjustments, with the return
  • I won't call them cost of living adjustments, but supplemental payments equal to about 2% of a member's
  • Then, if you turn to page 17, titled "Benefits or Cost of Living Adjustments," I think that there was
  • Now, there's a difference in the cost of living adjustment, and obviously now it's lower for ...for a
  • They also set the cost of living adjustments.
FL

Florida 2026 Regular Session

Children, Families, and Elder Affairs Jan 14th, 2025

Children, Families, and Elder Affairs

Transcript Highlights:
  • Inflation, geographical adjustments, things of that nature.
  • And then once those risk adjustment and applied growth adjustment factors were implemented, we then were
  • That is something that we are adjusting in CWIS to be able to model out prevention services.
  • Are there adjustments that will be made to this formula? You recognized, thank you.
  • Yeah, so I mean, the risk adjustments are at the 2% risk corridor within this model.
Summary: The committee heard a presentation from Dr. Kelly O’Dare on first responder behavioral health access, peer support, and suicide prevention. She described UCF Restores, the Second Alarm Project, and related partnerships that provide culturally competent treatment, peer training, clinician education, disaster response support, and behavioral health navigation. She cited survey and state data showing significant rates of sleep problems, anxiety, depression, substance use, and suicide among Florida first responders, and said evidence-based treatment has helped many patients recover, including a reported 76% who no longer met PTSD diagnostic criteria after treatment. Senators asked about measuring outcomes, peer support standards, and whether the state should create more consistent statewide requirements; O’Dare said peer support training must be specialized, linked to higher levels of care, and supported by sustainable funding and statewide coordination. The committee also heard from a public commenter who supported the work and emphasized the need for adequate resources and peer support infrastructure. The committee then received a Department of Children and Families presentation from Casey Penn on the proposed funding methodology for community-based care lead agencies under HB 7089. Penn explained that the new model is intended to be actuarially based, reimbursement-oriented, and more transparent than prior funding approaches, using historical expenditures, standardized reporting, and two main tiers: Tier 1 for largely fixed administrative and operational costs, and Tier 2 for direct child-serving costs based on per-child-per-month blended rates. He said the model includes a 2% risk corridor for Tier 2, hold-harmless funding in the first year, and optional Tier 3 performance incentives, with an estimated additional state appropriation need after offsets. Senators raised concerns about prevention, historical inequities, reasonableness of costs, administrative overhead, blended state and federal funds, adoption subsidies, high-acuity placements, and disaster-related disruptions. Penn said some of those issues could be addressed in future iterations as the child welfare information system is modernized, and he agreed to provide written responses to committee questions. Representatives of the Florida Coalition for Children and CBCs responded that the model is a major improvement but urged additional safeguards, including an administrative cap, clearer separation of direct and indirect costs, and better treatment of federal and pass-through funds. They argued that the system already has oversight and that deficits reflect insufficient appropriations rather than excess spending, while also noting that higher-acuity children and regional differences can drive costs. No votes were taken on either topic, and the meeting ended with committee staff introductions and adjournment.
CA
Transcript Highlights:
  • The budget cycle also affords opportunities to make adjustments to the backfill.
  • The budget cycle also affords opportunities to make adjustments to the backfill, notably in the fall
  • Additionally, there are population change adjustments that are in there.
  • While the adjustment reflects a reduced amount, this is consistent with previous adjustments, as the
  • We'll adjust it annually based on the markers identified in the proposal.
Summary: Assembly Budget Subcommittee No. 6 heard the Governor’s May Revision proposals for the judicial branch, the Board of State and Community Corrections, the Department of Justice, and the California Department of Corrections and Rehabilitation. The Legislative Analyst’s Office opened with a warning that the state budget remains structurally imbalanced and urged the Legislature to avoid new ongoing spending unless offset by reductions elsewhere. In the judicial branch discussion, the Judicial Council highlighted language access funding, appellate court security, a backfill for the state court facilities construction fund, and an extension of the lactation room mandate; Finance supported most items but suggested reporting language on interpreter costs and reducing the General Fund backfill. Members raised concerns about judicial vacancies, long-term salary freezes, remote hearings, and the lack of progress on court staffing in some counties. For the Board of State and Community Corrections, the administration proposed $10 million one-time each for the Missing and Murdered Indigenous People grant program and a human trafficking vertical prosecution grant program. The LAO said both should be weighed against other priorities and suggested the Legislature consider whether the Tribal Nations Grant Fund could support MMIP work, while Finance said it preferred General Fund support and wanted more review before any fund swap. Members strongly supported MMIP funding and asked whether ongoing support would be considered. On the human trafficking grant, Finance said BSC was a good fit because of its grant administration experience and prior vertical prosecution work, while legislators asked why the program was not placed with the Office of Emergency Services as originally contemplated in prior legislation. The Department of Justice presented antitrust litigation funding, Medi-Cal Fraud and Elder Abuse staffing, completion of organized retail criminal enterprise cases, and trailer bill language for a continuous appropriation from the Victims of Consumer Fraud Restitution Fund. The LAO supported the antitrust account use but questioned the Unfair Competition Law Fund’s ability to cover the full request without General Fund repayment, and recommended against a continuous appropriation for the restitution fund in favor of a more limited mechanism with legislative oversight. Finance said the fund would remain solvent and defended the continuous appropriation as necessary to pay victims promptly. In the CDCR portion, the largest discussion centered on the Boston Consulting Group efficiency review and sharply reduced savings estimates; LAO said the department had not fully explained the proposed position eliminations or future $100 million savings target, while Finance said the work reflected deeper analysis and ongoing efforts to find savings. Members repeatedly pressed CDCR and Finance on the gap between earlier promised savings and the revised figures. CDCR also outlined population projections showing continued declines in prison and parole populations, while LAO again urged the state to close an additional prison to save ongoing costs. The department then walked through several May Revision items, including workers’ compensation funding, a Corcoran honor housing dorm, incarcerated firefighter pay implementation, an incarcerated menopause program, mental health receiver staffing, mental health resource teams and crisis intervention teams, medical classification staffing changes, and AI note-taking for the electronic health record. LAO generally recommended limiting-term funding and more reporting for many of these proposals, while Finance defended them as necessary ongoing investments or court-ordered obligations. Members questioned the cost of workers’ compensation, the need for more prison closures, the lack of funding for women’s facility violence prevention, and the timing and transparency of the BCG savings process. No votes were taken.
FL

Florida 2025 Regular Session

May 2, 2025 - 09:00 AM

Transcript Highlights:
  • Value adjustment boards hear informal appeals for things like valuation or exemption determinations.
  • The taxable value that results from those adjustments is then multiplied by all the applicable millage
  • We're trying to tweak and adjust an unfair tax.
  • We're trying to tweak and adjust an unfair tax.
  • The millage rate is something that can be set, adjusted up or down to help accommodate some of these
Summary: The Select Committee on Property Taxes held its first meeting with opening remarks from the co-chairs and ranking member framing the committee’s task as developing property tax legislation for next session. Staff then gave a high-level overview of Florida property taxes, explaining how ad valorem taxes work, the roles of property appraisers, tax collectors, taxing authorities, value adjustment boards, and the Department of Revenue, and reviewing key concepts such as just value, assessed value, exemptions, taxable value, millage rates, homestead exemptions, Save Our Homes, and portability. The presentation also emphasized that property tax law is largely rooted in the Florida Constitution and that local governments choose millage rates, which affects collections. No public comment was taken. The committee then discussed five Speaker-proposed concepts. Proposal 1 would require cities, counties, and special districts to hold a referendum on eliminating property taxes on homestead properties; members raised concerns about local funding, public safety, special districts, renters, and the need for extensive voter education, with some suggesting countywide elections or town halls instead. Proposal 2 would create a new $500,000 homestead exemption for non-school taxes and a $1 million exemption for seniors 65+ or long-term homesteaders; members split between seeing it as meaningful relief for seniors and warning it could devastate local tax bases, especially in lower-value or rural counties, while also potentially trapping older homeowners in place. Proposal 3 would authorize the Legislature to raise homestead exemptions by general law; some liked the flexibility, but others worried about statewide one-size-fits-all impacts, political difficulty in reversing changes, and the need for local revenue replacement. Proposal 4 would change assessment caps for homestead and non-homestead property; several members said it would not provide enough relief and could shift burdens to rental properties and non-homestead owners. Proposal 5, eliminating foreclosure on homestead property for tax liens, drew the strongest opposition, with members saying it would undermine lien priority, mortgage and title systems, and incentives to pay taxes. Throughout the meeting, members repeatedly stressed the need to understand local fiscal impacts, including police, fire, infrastructure, and other services funded by property taxes, and to consider alternative revenue sources or offsets if taxes are reduced. The co-chairs said the committee is still in the information-gathering stage, that all ideas remain on the table, and that members should do “homework” by meeting with local taxing authorities and learning how property taxes are set and spent in their districts. The meeting ended with no votes on the proposals and adjournment after a motion to rise.
FL

Florida 2026 Regular Session

Finance and Tax Apr 15th, 2025

Finance and Tax

Transcript Highlights:
  • It requires certain value adjustment boards to allow petitioners to appear remotely at a hearing.
  • It requires certain value adjustment boards to allow petitioners to appear remotely at a hearing.
  • It requires certain value adjustment boards to allow petitioners to appear remotely at a hearing.
  • It requires certain Value Adjustment Boards to allow petitioners to appear remotely at a hearing.
  • It requires certain Value Adjustment Boards to allow petitioners to appear remotely at a hearing.
Summary: The Finance and Tax Committee met and first heard SB 674, which would allow county property appraisers, like tax collectors already can, to budget for and pay hiring or retention bonuses if approved in their Department of Revenue budget. Support came from property appraiser representatives, who said the bill would help them compete for specialized staff without requiring new funding. The bill was reported favorably. The committee then considered SJR 318, a proposed constitutional amendment on tangible personal property used on agricultural land, along with an amendment clarifying the exemption’s scope and allowing the Legislature to set conditions by general law. Farm Bureau and the Florida Chamber supported the measure, and the committee adopted the amendment and reported the joint resolution favorably. Members also took up CS for SB 1664, which would require voter reapproval of local discretionary taxes when they expire; an amendment changed the bill to require expiration dates and tied reapproval to tax expiration rather than a fixed eight-year cycle. Local government and tourism groups raised concerns about impacts on tourist development taxes, transportation surtaxes, beaches funding, and long-term financing, while supporters argued voters should periodically affirm local taxes. The committee adopted the amendment and reported the bill favorably. Next, the committee considered SJR 1510 and its implementing bill SB 1512, both dealing with a homestead-style property tax benefit for certain long-term leased residential properties. After multiple amendments narrowed the proposal substantially, limiting it to one qualifying property and then to single-family homes, mobile homes, and condominium units, counties and cities still opposed the measures as a tax shift to other taxpayers. The sponsor said the changes reduced the scope and fiscal impact, and both measures were reported favorably. Finally, the committee heard SPB 7034, the Senate tax package, which includes permanent sales tax exemptions, multiple tax holidays, motor vehicle fee reductions, a property tax study, rural investment tax credits, a freeze on local communications services tax rates, and other tax changes, with an estimated $2.1 billion revenue reduction. Testimony was mixed: property appraisers supported the property tax study, while many public commenters opposed the firearm and ammunition tax holiday and urged inclusion of gun safes and locks instead. County, city, tourism, and lodging representatives raised concerns about tourist development tax limits and other local revenue impacts, while supporters emphasized tax relief and the study’s value. After debate, the committee adopted a motion to submit SPB 7034 as a committee bill and reported it favorably.
MN

Minnesota 2025-2026 Regular Session

Environment Committee Meeting - 2025-03-25

Environment and Natural Resources Finance and Policy

Transcript Highlights:
  • Going back to the slide where we're discussing operating adjustments and employee contracts, how are
  • In terms of our operating adjustment, our operating adjustment projections do not include any additional
  • The only thing that's included in the operating adjustment calculations that we do are step increases
  • Operating adjustment calculation.
  • The operating adjustment is based on our current staffing complement. Thank you.
TX
Transcript Highlights:
  • Do y'all take into account all these riders and then adjust it?
  • Of any costs or any adjustments, we in testimony are offering those adjustments along with any of those
  • . adjustments retroactively, but in either direction.
  • The idea that we need to incrementally adjust rates up and down for every single penny of change in the
  • And it might adjust the strategy that they take when they go into these kinds of rate cases.
MN

Minnesota 2025 1st Special Session

Committee on Health and Human Services - 04/09/25

Health and Human Services

Transcript Highlights:
  • On line 394 is the operating adjustment for DCYF.
  • <00:42:37.119> For adjustment and a fee increase. For adjustment and a fee increase.
  • Um, in the board of medical adjustment.
  • > for<00:44:59.359> line operating adjustment similar for line operating adjustment similar
  • <01:00:05.920> ensure<01:00:06.400> that adjustment for DHS to ensure that adjustment
Keywords: 1187, senate, all
MN

Minnesota 2025 1st Special Session

House Human Services Finance and Policy Committee 3/11/25

Human Services Finance and Policy

Transcript Highlights:
  • We're finding that the disability waiver rate system inflationary adjustments set to occur in 2026 and
  • In addition to those inflationary adjustments, we're also seeing a growth in the number of people that
  • set to occur in inflationary adjustments set to occur in 2628<00:10:05.120> are<00:10:05.360>
  • <00:21:41.960> to we'll have we'll make an adjustment to we'll have we'll make an adjustment
  • <00:43:00.040> the maybe we have to adjust the maybe we have to adjust the qualifications<
Keywords: 1183, house
NH

New Hampshire 2025 Regular Session

House Finance Division III (05/20/2025)

Transcript Highlights:
  • This would an adjustment every 5 years.
  • needs allowance adjustment uh included needs allowance adjustment uh included every<00:24:12.760>
  • adjustment? adjustment? Yes,<00:27:49.200> Representative<00:27:49.760> Wallner.
  • person making this automatic adjustment person making this automatic adjustment or<00:37:13.200>
  • that adjustment as needed. That's it. that adjustment as needed. That's it.
Keywords: 928, house, all
Summary: The committee heard testimony on Senate Bill 118, as amended, which contains several unrelated provisions with a modest fiscal note. Nathan White of the Department of Health and Human Services explained that section 1 would change the personal needs allowance for Medicaid-eligible residents of private and county nursing homes from an adjustment every five years to an annual adjustment, increasing the state cost by about $50,000 per year. He also described section 2, a one-time appropriation of about $160,000 to make certain Hampstead employees whole for missed bonuses and lost leave during the state’s transition of the facility to Dartmouth management. White then outlined sections 3 through 5, which would create a dedicated fund for Hampstead lease revenue to cover the state’s contractual obligation to match Dartmouth capital improvements dollar-for-dollar up to $3 million. He said the state receives about $1.141 million in lease revenue in the first year, with a 3% annual escalator, and that the fund would hold lease revenue until needed for reimbursement. Members questioned how the matching arrangement would work, what happens if Dartmouth spends before the fund has enough money, and whether the state could refuse to match certain improvements. White said Dartmouth has final determination under the agreement if disputes arise, and that if the bill does not pass the state could face difficulty meeting the obligation without cutting services or finding other general funds. Several members also raised policy concerns about the personal needs allowance becoming an automatic cost driver. Brian Clark, attorney for the Bureau of Adult and Aging Services, clarified that current law requires the allowance to be updated at least every five years, but the legislature could change it in an off year if it chose. He also explained that the allowance is money residents retain from their own income, such as Social Security, as part of Medicaid cost-of-care calculations, and that the department does not regulate how residents keep those funds. No vote was taken during the discussion, and the committee paused to correct the bill copy before continuing testimony.
FL

Florida 2026 5th Special Session

Banking and Insurance Jan 13th, 2026

Transcript Highlights:
  • Next, we'll take up Tab 1, Senate Bill 266 on public adjuster contracts, by Senator Burton.
  • Unfortunately, there has been some predatory behavior by public adjusters—not all of them, but some.
  • This bill allows these individuals to rescind a public adjuster contract at any time without penalty
  • It does not create any new penalties or causes of action against a public adjuster.
  • I'm a third-generation Floridian, second-generation licensed public adjuster, and an owner of a family
Summary: The Committee on Banking and Insurance met with a quorum present and took up several bills, beginning with SB 834 on health care sharing ministries and insurance agents. Senator Yarbrough presented the bill to repeal a recent restriction on licensed insurance agents marketing or selling faith-based health care sharing programs. Supporters argued the change restores free speech and consumer education while preserving existing consumer protections; opponents said the bill was unnecessary and could increase confusion or misuse of agents and brokers. The committee adopted a title amendment and then reported the bill favorably after debate, with Senator Pizzo raising concerns about consumer reliance and lack of guaranteed coverage. The committee then approved SB 642 on foreign and alien bail bond insurers, SB 394 on reinsurance intermediary managers, and SB 266 on public adjuster contracts. SB 266 would let vulnerable adults rescind public adjuster contracts at any time without penalty; it drew support from consumer and industry groups, with some discussion about estimates and claim work product. The committee also passed SB 832 on residential property insurance transparency, which requires rate transparency reports and a consumer resource center at OIR, and adds a provision excluding land value from homeowners coverage calculations in most cases. Testimony on SB 832 was generally supportive of the transparency goal, though insurers said some of the required cost breakdowns may be difficult to produce as written. The committee next considered SB 1028 on Citizens Property Insurance Corporation, which would create a commercial lines clearinghouse to move eligible policyholders into the private market and reduce Citizens’ commercial exposure. Supporters said it would lower taxpayer risk and improve competition; a speaker suggested additional changes to deductibles, water-damage caps, and repair practices. The bill was reported favorably after a delete-all amendment and supportive debate from Senator Boyd. Finally, the committee passed SB 540 on the Office of Financial Regulation, which adds cybersecurity requirements for certain licensees, updates oversight of investment advisers and money service businesses, adjusts some charter and meeting rules for financial institutions and credit unions, and includes amendments clarifying repossession/deficiency claims, family office exemptions, and virtual credit union meetings. The meeting ended with all of the considered bills reported favorably and the committee adjourned.