Video & Transcript Research : 'assessed value'
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MN
Transcript Highlights:
- <00:05:29.160>
MCA Minnesota comprehensive assessments MCA Minnesota comprehensive assessments - <00:21:19.600>
the and nationally accepted assessment the and nationally accepted assessment - also offers a more efficient assessment also offers a more efficient assessment experience<00:21
- shortcomings of our current assessment shortcomings of our current assessment system<00:25:09.520
- am 100% with you we should be assessing am 100% with you we should be assessing all<01:26:11.119
NH
Transcript Highlights:
- <01:19:04.000>
value increase or the amount of assessed value increase or the amount of assessed - They have assessed value in excess of $40 million.
- That's roughly 8% of our town's total assessed property value.
- Their assessed value is in excess of $40 million.
- That's roughly 8% of our town's total assessed property value.
FL
Transcript Highlights:
- , $50 million assessments.
- value.
- I think it would be based on an assessed or market value from the property appraiser's perspective.
- Based on square footage, or they'd be based on an assessed or market value from the property appraiser's
- Someone says it's a $50,000 assessment. I'm like, a $50,000 assessment on what?
Summary:
The committee on Regulated Industries convened with a quorum and began a panel discussion focused on condominium milestone inspections and structural integrity reserve studies (SIRS), with members framing the topic as part of Florida’s post-Surfside condo safety reforms. The chair and panelists reviewed how the state got here, emphasizing that the problems predated Surfside and were driven by long-term deferred maintenance, underfunded reserves, and aging buildings. Panelists included representatives from Florida Realtors, engineering and reserve-study firms, a CPA, a community association attorney, and Broward County’s building safety official, all of whom described their roles in inspections, reserve planning, and code enforcement.
Testimony centered on what inspectors are finding in the field. Panelists said the most common problems are not subsidence but wear-and-tear and maintenance failures, especially in stairways, balconies, roofs, parapet walls, waterproofing, and corrosion. They described examples of buildings with hidden deterioration, hurricane-exposed damage, and associations that were underfunded despite prior inspection regimes in Miami-Dade and Broward. Dr. Barbosa explained that Miami-Dade’s recertification program began in the 1970s and Broward’s in 2005, with current timelines generally requiring notice, a first milestone review, and then time to begin substantial repairs; she said the program has improved compliance but that SIRS has added confusion.
Members also raised concerns about the cost and implementation of SIRS, including whether reports are being used to generate unnecessary work, whether contractors or firms have conflicts of interest, and whether the law’s use of “fully funded” is being misunderstood. Panelists said the statutory reserve requirement is better understood as baseline funding, not having all money in the bank immediately, and suggested clearer definitions and possibly changing the terminology to “adequately funded.” They also discussed the need to separate required structural items from optional or cosmetic items in reserve reports, improve transparency for buyers and lenders, and ensure associations provide documents through websites and other portals.
No votes were taken. The committee used the meeting as an information-gathering session and signaled that more panels and discussion would follow, with members and witnesses agreeing that the state may need further clarification, education, and possible statutory adjustments to reduce confusion while preserving building safety.
FL
Florida 2026 4th Special Session
January 27, 2026 - 03:00 PM
Transcript Highlights:
- House Joint Resolution 213 changes the assessment increases from assessment increases from every year
- This is a taxable value issue.
- This will help slow taxable values, it will give them more predictability.
- spread between their property value and their assessed value, their assessed value increased so their
- values readjust.
FL
Florida 2025 Regular Session
February 4, 2025 - 12:30 PM
Transcript Highlights:
- We had a $1.4 billion emergency assessment.
- The amount of the assessment was scheduled to be 1.4% over 10 years.
- We had 936,182 policies and $386 billion in total insured value.
- from an assessment for these 2024 storms.
- Effective July 1, 2024, if your policy and your Coverage A value, or your dwelling value—the cost to
Summary:
The Insurance and Banking Subcommittee received a lengthy presentation from Citizens Property Insurance Corporation CEO Tim Serio, with Insurance Commissioner Michael Yaworski also answering questions. Serio reviewed Citizens’ role as Florida’s insurer of last resort, its statutory funding structure, eligibility rules, depopulation program, reinsurance obligations, and the surcharge/emergency assessment mechanisms that can be used if Citizens runs a deficit. He emphasized that recent legislative reforms, combined with lower litigation and improved market conditions, have helped the private market recover and reduced Citizens’ policy count from a peak of about 1.41 million in 2023 to 936,182 at the end of 2024, with a projected drop to about 771,000 by the end of 2025. He also said the reforms reduced Citizens’ rate need and helped avoid an emergency assessment after the 2024 storms.
Members asked about Citizens’ rate increases, why Citizens still seeks higher rates despite lower litigation, how the 20% eligibility threshold works, whether Citizens should be wind-only, and whether the state or federal government could help with deficits. Serio explained that Citizens is still charging below actuarially sound rates in most areas, that rate filings reflect reduced litigation and lower reinsurance exposure, and that assessments on all Florida property policyholders are the reason Citizens tries to build surplus and depopulate. He said the depopulation program is working better than in the past, with less than 2% of takeout policies returning to Citizens, and that the Office of Insurance Regulation has been vetting takeout companies more carefully.
A substantial portion of the discussion focused on claims handling after Debby, Helene, and Milton, including flood-versus-wind disputes and Citizens’ use of the Division of Administrative Hearings for some claim disputes. Serio said Citizens had received 76,625 claims from the three storms and had paid nearly $823 million in indemnity and expenses as of January 7, 2025. He said many closed-without-payment claims were either below deductible, withdrawn, duplicate, or flood-only, and that Citizens had asked its internal audit function to independently review the claims data and denials. He also described Citizens’ storm outreach, catastrophe response centers, managed-repair program, and claim review process, and said the corporation remains focused on paying valid claims while minimizing the risk of assessments on the broader Florida market.
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Apr 27th, 2026
Oklahoma Senate Floor Meeting
Transcript Highlights:
- That would be to the future assessed values of properties and the taxes that those assessed-value increases
- This is slowing down the growth of the assessed value of properties in Oklahoma.
- This won't impact seniors who have their assessment values frozen, will it?
- This won't impact seniors who have their assessment and values frozen, will it? Yes.
- I mean, we gave broadband guys this year an 8% decrease in their assessed valuing—8%.
Bills:
SJR50, SJR51, SJR52, SJR53, SJR54, SJR39, SB1290, HB4028, HB4029, HB4073, HB4074, HB4075, HB4076, HB4077, HB4078, HB1250, HB2951, HB2961, HB3151, HB3581, HB3705, HB3970, HB3972, HB3980, HB3981
Keywords:
Medicaid, federal funding, state law, healthcare, low-income adults, Oklahoma Constitution, healthcare regulations, Oklahoma Health Care Authority, permanent rules, joint resolution, OHCA, health care rules, administrative rules, major rule, Title 75, Title 317, Oklahoma Administrative Code, OAC 317:30, health policy, state health programs
Summary:
The Senate convened with a quorum, prayer, pledges, and several floor recognitions, including the Doctor of the Day, Psychologist of the Day, and Nurse of the Day. Members also honored the OSBI Cold Case Team for its work on unsolved cases, recognized the 75th anniversary of the American College of Obstetricians and Gynecologists, and welcomed guests for the Prague-Kolache Festival. The chamber then moved into floor action on multiple measures and conference motions.
The most significant item was Senate Joint Resolution 39, a property tax constitutional amendment. After extensive debate over the impact on homeowners, seniors, farmers, schools, local governments, and future revenue, the Senate adopted House amendments by a 27-19 roll call and then passed the resolution 40-8. However, the motion to order a special election failed 26-20, so the measure did not advance to a special election call. Senators also rejected House amendments to Senate Bill 2 and Senate Bill 215 and requested conference on both.
The Senate passed Senate Bill 1290 unanimously as an emergency measure, and advanced or passed several House bills dealing with ARPA and funding reallocations: HB 4028, HB 4029, HB 4073, HB 4074, HB 4075, HB 4076, HB 4077, and HB 4078. Other approved measures included HB 1250 creating a Public Safety Technology Revolving Fund for local law enforcement grants, HB 2951 renaming Red Rock Prison as the Chief James Smith Correctional Center, HB 2961 creating a Gold Star Survivor tuition benefit, HB 3151 extending the school year to 173 days, and HB 3581 increasing penalties for riot-related offenses. The Senate also took up HB 3705, which would raise the Parental Choice tax credit cap from $250 million to $275 million, but the transcript cuts off during questioning on that bill.
MN
Minnesota 2025 1st Special Session
Task Force on Homeowners and Commercial Property Insurance 12/3/25
Minnesota House Floor Meeting
Transcript Highlights:
- The effect of this is to reduce the insurable value or replacement value of the association, and then
- . have adequate loss assessment coverage have adequate loss assessment coverage that<00:54:27.359>
- . assessment. assessment.
- Assessments.
- standards for loss assessment coverage. standards for loss assessment coverage.
NH
New Hampshire 2025 Regular Session
Senate Energy and Natural Resources (05/06/2025)
Energy and Natural Resources
Transcript Highlights:
- And the reason it was is that, at the time, when towns would assess property values, they would come
- assess assess attacks
- the local assessing officials a range of values from which they can assess the carbon offset credit
- officials a range of the local assessing officials a range of values<02:26:28.560>
from <02:26 - 02:26:30.000>
the values from which they can assess the values from which they can assess the
NV
Transcript Highlights:
- The value in the Read by Grade 3 assessment happens...
- The value in the Read by Grade 3 assessment happening three times per year, the real value in that MAP
- This just changes the Read by Grade 3 assessment from one assessment to another.
- And being a practitioner myself, I have yet to meet a teacher that sees value in the MAP assessments
- pre-assessment, plus a midpoint assessment.
Bills:
AB386
Keywords:
AB386, Washoe County School District, reading assessment, literacy, elementary school, pupil assessment, statewide assessment, alternative assessment, reading proficiency, standards-based testing, valid and reliable test, State Board of Education, Department of Education, pilot program, school testing, assessment equivalency, education grant, Nevada education, NRS 388.157, school accountability
CA
California 2025-2026 Regular Session
Assembly Revenue and Taxation Committee Jun 29th, 2026
Transcript Highlights:
- Excludes intangibles like federal tax credits and renewable energy credits from assessed property value
- SB 1329 mitigates the risk of over-assessment.
- market value as required under California law.
- Defensible space compliance is not an assessment function.
- Defensible space compliance is not an assessment function.
Summary:
The Assembly Revenue and Taxation Committee held a final hearing on a series of Senate bills, with the chair explaining the committee’s suspense-file process and then taking up measures in regular order and later from suspense. SB 1329 on solar property tax assessment drew the most extensive testimony: the author and industry supporters said it would create statewide assessment standards, exclude intangibles, and provide certainty for solar development, while county assessors and county representatives opposed it as a statutory formula that would undercut fair market value and reduce local revenue. The bill was sent to suspense during the first portion of the hearing and later passed suspense 5-2 after amendments. SB 661, dealing with airport funding and aviation fuel tax revenues, also generated support from airport and local government representatives but opposition from airlines over the proposed distribution formula; it was referred to suspense and later passed 7-0 with amendments. SB 1172, which places guardrails on tax-sharing agreements, was supported by local governments and retailers; after the author accepted committee amendments, opposition was withdrawn and the bill passed 4-2 to the floor. SB 9-1-1, a wildfire safety measure using the Preliminary Change of Ownership Report to notify fire agencies about defensible-space compliance, was supported by fire chiefs and wildfire-safety advocates but opposed by assessors; it passed 5-2 to Appropriations. SB 1408, authorizing Contra Costa County to place a transportation sales tax on the ballot, passed 4-2 to the floor. SB 1072, the housing omnibus bill, passed 7-0, and SB 1424, expanding a sales tax exemption for zero-emission vehicle fueling equipment, was held in committee after support from hydrogen and electric transportation advocates and no opposition. In suspense-file action, the committee also passed SB 1435, SB 288, SB 296, SB 420, SB 881, SB 888, SB 1053, SB 1406, and SB 1407, while SB 353 and SB 1249 were held. The chair closed by thanking members, staff, stakeholders, and a retiring consultant, and adjourned the committee.
NH
Transcript Highlights:
- 39.440>
exceeding <01:21:39.920>their assessed at values far exceeding their assessed at - ><01:25:07.440>
not assessed at a market value not assessed at a market value not necessarily< - <02:00:39.840>
assessed <02:00:40.400>value <02:00:40.719>of different value - assessed value of different value assessed value of property<02:00:41.920>
just <02:00:42.239> - assessed value of property for assessed value of property for everything<02:00:46.719>
else.
NH
Transcript Highlights:
- /c><00:27:17.360>
have <00:27:17.520>to assessed value but they also have to assessed value - They did the assessment and assessment. They did the assessment and then<01:05:32.319>
Dr. - at 300,000 or less or a house valued at 300,000 or less or valued any value where you're getting the
- has a house valued at 300 or less. has a house valued at 300 or less.
- any value where you're getting valued any value where you're getting the<01:14:05.040>
first <
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Revenue Jun 21st, 2026 at 01:00 pm
Joint Committee on Revenue
Transcript Highlights:
- First, several bills would freeze the assessed value... ...that we need.
- First, several bills would freeze the assessed value and/or the tax rate for income-eligible seniors.
- value of homes.
- This is not because we have... ...the increase in the assessed value of homes.
- Freezing the assessed value reflects a commitment to long-term aging homeowners who have helped build
Summary:
The Joint Committee on Revenue held a hearing on bills related to senior and disability property tax relief, with a focus on helping older adults and people with disabilities remain in their homes. Testimony supported H. 3968, which would make certain senior and disability property tax exemptions permanent so eligible residents would not have to refile annually, and H. 3198, which would expand the senior circuit breaker tax credit by indexing income and credit limits to cost of living and raising the home valuation cap from $1.1 million to $1.5 million. Representative Scanlan also testified in favor of several additional bills, including a local option motor vehicle excise tax exemption for low-income seniors and veterans, a local property tax cap for low-income seniors, an expanded senior property tax exemption, and a senior property tax deferral program designed to be revenue neutral over time.
Witnesses from the City of Boston, the Massachusetts Municipal Association, and the Massachusetts Association of Assessing Officers generally supported local-option property tax relief measures and said they would help seniors age in place while giving municipalities flexibility. Committee members raised concerns about possible abuse or fraud if exemptions became permanent, and about how assessors would verify continued eligibility without annual reapplication. Supporters responded that eligibility could still be tied to real estate transactions and other documentation, and that the current annual filing requirement causes many eligible seniors to miss out on benefits. Mass Senior Action Council members testified that many seniors are struggling with rising property taxes, insurance, and other costs, and urged broader reforms such as freezing assessed values, improving outreach, strengthening the work-off program, and allowing more flexible payment or deferral options. No votes were taken; the hearing concluded after testimony and questions.
NH
New Hampshire 2026 Regular Session
House Science, Technology and Energy (01/29/2026)
Science, Technology and Energy
Transcript Highlights:
- Then in two it says, in addition to the appraisal determined under paragraph one, the assessed value
- Um, it's not to assess a value on poles and conduits.
- use<01:31:32.000>
of the assessed value for public use of the assessed value for public use - on with this assessed value and it goes on with this formula.<01:31:36.639>
So, <01:31:37.679> - assessed values was Walpole's assessed values was significantly<01:56:29.440>
significantly <01
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:
- So, we're comparing the old values that were determined by the state to those new values determined by
- It ensures GSF equity across all GSF values.
- Value now represents your adequacy standards.
- That we do when we conduct our assessments.
- There's value in it, but we still have some work to do to encourage school districts to see the value
FL
Florida 2025 Regular Session
Regulated Industries Jan 14th, 2025
Transcript Highlights:
- WAS THE APPRAISED VALUE? THEIR INSURED VALUE IS ALMOST $30 MILLION DOLLARS. $30 MILLION.
- BASICALLY FOR VALUE.
- THAT THERE WILL BE A SPECIAL ASSESSMENT COMING?
- THEY SHOULD BE HELD WITH A $25 MILLION ASSESSMENT.
- A LOT OF TIME IT DEPENDS ON THE VALUE OF THE UNIT.
KY
Kentucky 2026 Regular Session
Senate Standing Committee on Banking and Insurance. (3-10-26)
Banking & Insurance
Transcript Highlights:
- We're not assessing the value of real property as appraisers.
- the damage, set a to go out and assess the damage, set a value value value of<00:29:45.600>
the <00:30:31.160>- c> value
of <00:30:31.440>real We're not assessing the value of real - assess the value. assess the value.
- /c><00:37:02.800>
damages out and assess the value of of damages out and assess the value of of
FL
Florida 2025 Regular Session
November 5, 2025 - 01:30 PM
Transcript Highlights:
- Glycemic status assessments for patients with diabetes.
- The value-based purchasing is a strategy used to improve the quality and value of healthcare services
- Value-based purchasing arrangements can improve the value of health care services, reduce inappropriate
- Examples of a value-based purchasing driven.
- complex value-based purchasing model.
TX
Transcript Highlights:
- , the assessment, the assessment value and so my, my only two questions are how much lower than fair
- So it would be the assessment value can't go up more than 10% year over year.
- Your assessed value can increase by more than 10% a year. Correct. Got it. All right, that's it.
- And then if they do so verify, then that appraised value, uh, cannot, or, or, uh, assessed value.
- That market value is the underpinning, is that common standard for value.
Keywords:
HB 148, Texas Education Code, Texas Education Agency, TEA, artificial intelligence, AI, machine learning, automated scoring, constructed response, open-ended answers, student assessments, state testing, standardized tests, public schools, education policy, assessment instruments, school accountability, test scoring, 2026-2027 school year, ad valorem tax
FL
Florida 2025 Regular Session
October 15, 2025 - 11:30 AM
Transcript Highlights:
- And there must be in ensured value of $700,000 or less.
- value.
- And so they showed us proof of ensured value.
- What what value? What? No numerical value can I put on that?
- When we get issue assessment, our max assessment for losses over multiple years is 10%.