Video & Transcript Research : 'volume cap'
Page 119 of 367
MN
Transcript Highlights:
- Parra, the policy is lighter in volume but has a lot of implications.
Bills:
HF1049
TX
Texas 89th Regular
Appropriations - S/C on Articles I, IV, & V Feb 26th, 2025
Appropriations - S/C on Articles I, IV, & V
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation Apr 30th, 2025
Transcript Highlights:
- And because cap-and-trade allows the continued emissions, I think cap-and-trade should be a part of the
- The cap-and-trade program is two components.
- We strongly support reauthorization of cap and trade.
- Conward referred to that as the cap gets more intense.
- In some sense, the most important moment for cap and trade is, Petri Norris' comment about cap and trade
Summary:
The Budget Subcommittee No. 4 hearing focused on the Greenhouse Gas Reduction Fund (GGRF) and cap-and-trade reauthorization, with members and panelists discussing how to balance climate goals, affordability, and legislative oversight. The chair emphasized the hearing as a broad review of past GGRF spending and future options, while the LAO outlined how GGRF revenues are generated, how variable they have been, and the tradeoffs between continuous appropriations and annual budget control. Two academic panelists, Dr. Kyle Meng and Danny Cullen Ward, argued that cap-and-trade remains an effective climate policy, but stressed that future revenue will depend heavily on market design, allowance allocation, and price levels. They also raised the idea that GGRF could be used more directly for affordability, especially by lowering electricity costs, and for targeted investments in technologies that the market would not otherwise support.
Committee members pressed the panelists on where revenues come from, how much has actually been spent, and whether continuous appropriations reduce oversight. CARB staff said more than $33 billion has been generated to date and a little over $11–12 billion has been spent, with the rest committed or in process, and noted that project timelines can be lengthy. Members also asked about ways to lower electricity rates, reduce wildfire-related utility liabilities, and support electrification. The panelists said transportation fuels are the largest source of GGRF revenue, that industrial emitters receive a smaller share of free allowances, and that reducing wildfire liability and investing in grid-scale batteries could help lower costs and speed decarbonization.
Public commenters largely urged the Legislature to preserve or expand continuous appropriations for specific climate programs. Speakers supported funding for nature-based solutions, natural and working lands, urban greening, agricultural climate solutions, waste and composting programs, clean transportation, AB 617 community air protection, clean cars, transit, affordable housing near transit, and dairy digesters. Several groups argued these programs are cost-effective, provide public health and affordability benefits, and should receive dedicated shares of GGRF. Others urged reducing free allowances and using more GGRF revenue to directly lower energy costs for households. No votes were taken during the hearing.
TX
Transcript Highlights:
- Currently, the cap is calculated as an amount not to exceed 10%.
- And if, if our cap is 24.6 billion, our floor it's 11.2.
- If you will increase the cap, that balance will be $39.
- With the fund, if the Cap were to change from 10 to 15.
- So we, we actually saw a large boost in federal income, which has increased the cap and our, so our cap
Bills:
SJR 4
CA
California 2025-2026 Regular Session
Assembly Floor Session (Part 2 of September 12, 2025 Legislative day)
California House Floor Meeting
Transcript Highlights:
- California's cap-and-trade program.
- The good news is that cap and trade, cap and invest, is the most cost-effective program that we have
- The good news is that cap and trade, cap and invest, is the most cost-effective program that we have
- Look, the bottom line is cap and trade has become cap and tax.
- Cap and trade has become cap and tax.
Summary:
The chamber reconvened after a late-night session and first adopted the consent calendar, including ACR 107 on the Diablo Range, by a 48-0 vote. Members then took up several Senate bills and Assembly measures, with repeated remarks about the long hours and the need to respect staff and keep proceedings moving. A vote change was also announced for Assembly Member Patel on SB 414, changing from aye to not voting.
The main policy debate centered on energy, climate, and affordability. SB 237, dealing with oil and gas policy, refinery closures, pipeline safety, Kern County permitting, gasoline blend flexibility, and regional fuel coordination, drew strong support from members who framed it as a managed transition to stabilize fuel supply and protect jobs, and strong opposition from members who called it a giveaway to oil interests and a setback for climate goals. The bill passed 59-0. SB 254, an energy affordability and wildfire package, included wildfire mitigation financing, a successor wildfire fund, transmission cost reductions, clean energy permitting changes, and energization timelines; members raised some concerns about local control, but the bill passed 58-0. SB 840 and AB 1207 advanced the cap-and-invest reauthorization package, with supporters emphasizing emissions reductions, housing, transit, wildfire prevention, and community air programs, while opponents argued it would raise costs and function as a tax-and-spend scheme. SB 840 passed 54-15 and AB 1207 passed 55-10, both with urgency and immediate transmittal.
Members also approved SB 352, which makes the Bureau of Environmental Justice permanent and requires air quality monitoring and reporting on AB 617 implementation, by 43-19. AB 825, authorizing California to help establish a Westwide electricity market, was presented as a way to lower bills, improve reliability, and reduce emissions; it passed 67-2 and was sent to the Governor. Additional actions included concurrence in Senate amendments to AB 8 on cannabinoids and AB 383 on firearms cleanup, and the chamber began consideration of AB 764 on wildlife as the transcript ended.
TX
Transcript Highlights:
- There's no cap on that.
- So when you cap or cut us, you're not...
- This bill caps the rate at which...
- Capping further reduces the cap that cities and counties are allowing.
- A 2.5% cap makes it even more challenging.
Keywords:
property tax, school funding, enrollment changes, inflation adjustment, tax rate notice, property tax exemption, ad valorem tax, Texas Tax Code, nonprofit corporation, charitable organization, educational nonprofit, scientific nonprofit, agriculture support, youth programs, community education, county population threshold, large county, local government revenue, leasehold interest, possessory interest
LA
Louisiana 2026 Regular Session
Labor and Industrial Relations May 7th, 2026
Labor & Industrial Relations
Transcript Highlights:
- On average, depending on the size of the store and the volume of business, there are people at cashier
- I said it's based on a business model of size and scale and volume of a store.
- Okay, because of the volume. Okay. So I'm going to tell you, I live in Shreveport.
Summary:
The committee first disposed of several measures without debate, including deferrals of House Bill 460, House Bill 561, Senate Bill 322, and another deferred Senate measure, before taking up House Bill 819 by Chairman Cruz. HB 819 would replace Louisiana’s current workers’ compensation medical treatment schedule with ODG by MCG, a private evidence-based guideline system used in other states. Cruz and Troy Prevo argued ODG is more comprehensive, updated more frequently, and could reduce claim duration, medical costs, and premium rates; Dr. Jason Picard said Louisiana already uses ODG as a secondary reference for gaps in the state schedule and that the bill would not change appeals or variance procedures. Opponents, including injured-worker advocates Joseph Jola St. and Robin Crumholt, argued Louisiana’s current guidelines are working, that ODG is more cost-cutting and insurer-driven, and that the bill could increase denials and delay care. Members discussed amendments to add a two-year sunset, allow tacit approval when treatment follows the schedule, require payment within 30 days, and raise the carrier’s burden to challenge care; the committee adopted the amendments and then reported HB 819 favorably by a 7-6 vote.
The committee then began Senate Bill 409 by Senator Myers, the Louisiana Living Donor Leave Protection Act. The bill would provide paid leave protections for living organ donors, set eligibility and verification procedures, and prohibit forfeiture of leave in certain circumstances for private employers. Myers said the measure is intended to remove job and paycheck barriers for people willing to donate organs and to support better transplant outcomes. Technical amendments were adopted at the start of the presentation, and the bill was introduced for further discussion.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation Apr 22nd, 2026
Transcript Highlights:
- It's easy to lose sight of that direct connection, but the volume of rain we're getting here in the middle
- back to farms, helping to build that supply chain of understanding what's growing in season, at what volume
- , and what volume do you need, school nutrition directors?
VA
Transcript Highlights:
- I think given the volume of the cases that I heard, that it's really a small representation of the cases
- more, I hope, to offer to the judiciary from the circuit court, as far as the type of cases, the volume
- What I've seen as a substitute judge is that we have a high volume of civil cases.
NM
New Mexico 2026 Regular Session
IC - Legislative Finance Dec 9th, 2025
Transcript Highlights:
- on how to roll out and be more intentional with the planning and the words that kind of mind were volume
- And so if you look at has there been a calculation of what the change of volume and order, wait lists
- In terms of volume, what you can see if you turn to page six is that, in this chart, really when expansions
Summary:
The committee heard first from LFC staff on a brief about New Mexico’s universal child care expansion. Staff said child care assistance has clear benefits for parents and families, but LFC has not found evidence in New Mexico that it improves children’s educational outcomes; they argued pre-K is the better tool for that goal. The brief highlighted four concerns with universal access: an estimated annual cost of about $849.7 million, a sharp decline in registered homes, possible crowding out of lower-income families, and reduced access for children under age two. Staff also suggested possible mitigations such as prioritizing slots for low-income and at-risk families, reinstating sliding-scale co-pays, and tying quality improvements to workforce wages.
Members raised questions about the cost estimate, funding sources, provider quality, and whether the data showed actual crowding out. Several lawmakers expressed support for child care generally but concern about the fiscal impact and whether universal access would divert resources from the families most in need. Others emphasized the importance of child care for workforce participation, rural communities, and family stability, and questioned how registered homes are counted and regulated. LFC staff clarified that the cost estimate was for child care assistance only, not the entire ECECD budget, and that the data showed declines in the share of lowest-income children and infants/toddlers served, though not causation.
The ECECD secretary then presented the department’s response, saying universal child care is intended to complete a cradle-to-career system and that the department has already seen strong uptake, increased capacity, and rising workforce participation. She said 6,206 families were found eligible in the first month, the share of infants and toddlers served rose, and new provider applications and licensed slots increased after the November rollout. The department also emphasized wage increases, quality improvements, and a new wage scale/career lattice, while projecting a lower near-term cost than LFC’s estimate and requesting additional funding for child care, early pre-K, home visiting, workforce systems, and capacity-building. No votes or formal actions were taken in the portion provided; the discussion was informational and focused on questions and testimony.
TX
Transcript Highlights:
- the key there is if you're using amplified sound in an area like a room, you just got to keep the volume
- something is disruptive, we're looking at things like what I described earlier, things like, is the volume
- It'll reference things like the volume level, whether or not it is creating an environment where our
HI
NH
Transcript Highlights:
- there's no tax cap. There's no tax cap. there's no tax cap. There's no tax cap.
- cap.
- A spending cap cap and a spending cap.
- <01:24:09.760>
and tax cap or budget cap limitation and tax cap or budget cap limitation and - <01:36:49.600>
or vote on a tax cap or a spending cap or vote on a tax cap or a spending cap
NM
Transcript Highlights:
- They have caps on both non-economic damages and punitive damages, and the caps are much lower than ours
- And you'll all recall that for independent providers, the cap is about a million dollars, and the cap
- In Colorado in 2030, the cap for injuries will be 875,000 dollars, and the cap for death cases will be
- half times the monetary cap.
- The cap was 600,000.
HI
Hawaii 2025 Regular Session
CPC/CPN Joint Info Briefing - Thu Apr 3, 2025 @ 9:30 AM HST
Hawaii House Floor Meeting
Transcript Highlights:
- know I don't think the $350 million cap know I don't think the $350 million cap and<00:41:57.640
- um cap Insurance cap<00:49:25.000>
question <00:49:25.200>on <00:49:25.319>the <00 - cap?
- Like how many associations, anyway, we... a lower cap they'll just be helped less a lower cap they'll
- Does it count toward the bond cap?
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 50 Apr 30th, 2026
Oklahoma House Floor Meeting
Transcript Highlights:
- Is there a cap on the amount of a grant to a particular private school because there's a $200,000 cap
- Is there a cap on the amount of a grant to a particular private school because there's a $200,000 cap
- Is there a cap on the amount of a grant to a particular private school because there's a $200,000 cap
- schools, and it's a $25 million cap up. cap for SGOs, which deal with our private schools, and it's
- There is no cap on the amount that can be spent until you reach that total cap for credits.
Keywords:
bail bondsman, bondsman license, multicounty agent bondsman, surety bondsman, Insurance Commissioner, bail bond regulation, bond deposit, forfeiture, deposit ratio, writing capacity, license transfer, power of attorney, surety bond, bail industry, Oklahoma insurance law, financial solvency, administrative action, Oklahoma Local Food for Schools, school meals, local food procurement
Summary:
The House convened, called the roll, and heard an invocation focused on “leading with the farewell,” followed by the Pledge of Allegiance and a series of floor recognitions honoring guests and student groups. Presentations included the nurse of the day, Susan Hollingsworth, and multiple student champions and visitors, including the Clinton High School 4A hip hop state champions, Pryor High School’s Life Smarts state champions, the Elgin High School wrestling team, the Fort Gibson FFA livestock judging team, Putnam City North’s girls basketball champions, visiting students from Douglas, OSU environmental science graduate students, and Oklahoma Energy Resource Board teachers of the year.
The chamber then took up several Senate bills. SB 378, updating bail bondsman regulations, passed 77-3. SB 985, codifying the local food for school program in statute, passed 79-0. SB 1246, which would update and speed up DEQ permitting while preserving transparency, drew questions about agency outreach and environmental impacts; after a division vote on advancing the bill passed 30-28, the bill itself passed 81-0. Later, SB 1500 on pharmacy benefit managers passed 81-0, SB 1984 on osteopathic medicine passed 74-0, and SB 1644 creating a reporting mechanism for suspected alpha-gal syndrome passed 82-0.
The House also adopted Senate amendments to HB 3720, the local food freedom bill, and passed it 81-0. HB 4118, the family caregiver credit, also passed 81-0 after the Senate amendment restored the title “Caring for Caregivers Act.” A motion was made to reject Senate amendments to HB 2992 and request conference. House Joint Resolution 1100, relating to OMES proposed major rule changes, was read on second reading and referred to administrative rules.
A lengthy debate centered on an amendment to SB 1546, a teacher-related bill, which would expand the Oklahoma Equal Opportunity Scholarship Fund tax credit to support the Strong Readers Act, the Oklahoma Math Proficiency Act, and certain capital projects for scholarship-granting organizations. Supporters said it would encourage private investment in education and add instructional capacity; opponents argued it would favor wealthy private schools, do little for rural or high-poverty districts, and divert scholarship resources. The amendment was adopted unanimously, and the bill was advanced to final passage, with debate continuing at the end of the transcript.
MN
Minnesota 2025 1st Special Session
Senate Floor Session - Part 1 - 05/09/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- It's the cap is currently at 100 megawatts, and this would lift that cap.
- The cap is currently at 100 megawatts, and this would lift that cap.
- The cap is currently at 100 megawatts, and this would lift that cap.
- The cap is currently at 100 megawatts, and this would lift that cap.
- lifting the cap of the hydro. lifting the cap of the hydro.
MA
Massachusetts 2025-2026 Regular Session
Special Joint Committee on Initiative Petitions Jun 21st, 2026 at 01:00 pm
Transcript Highlights:
- And the cap, and this is important for how this question works, the cap was established as the tax collections
- Because the cap is simply the last year's cap plus wage and salary growth.
- Allow me a few remarks on the revenue cap proposal.
- Allow me a few remarks on the revenue cap proposal.
- the mathematical logic of the cap still stands.
Summary:
The Special Joint Committee on Initiative Petitions held a public hearing on two proposed ballot initiatives: one to reduce the state personal income tax rate from 5% to 4% over three years, and another to revise the state’s tax collection cap/62F process so it would be based on prior-year collections plus wage growth and include surtax revenue. The committee chair and House co-chair outlined the hearing process, and the first witness was Doug Howgate of the Massachusetts Taxpayer Foundation, who testified as the committee’s subject-matter expert on both measures. He said the income tax proposal would lower taxes broadly but would reduce state revenue by about $5.4 billion when fully implemented, with an estimated $800 million hit in FY27, and he discussed possible effects on competitiveness, taxpayer savings, and public finances. On the 62F proposal, he said the revised cap would make refunds more likely, could have produced several large refunds in recent years, and would reduce stabilization fund deposits and constrain recovery after recessions.
Committee members questioned Howgate about competitiveness, outmigration, prior tax ballot measures, spending growth, MassHealth, and the interaction between the income tax and surtax. He emphasized that taxes are only one part of the state’s overall competitiveness and that housing, public services, and other factors also matter. He also noted that the surtax is constitutionally restricted but can still support ongoing spending choices. After his testimony, the committee moved to the proponents’ panel.
Proponents of both initiatives, including representatives from Taxpayers for an Affordable Massachusetts, the National Federation of Independent Business, Pioneer Institute, and the Mass Opportunity Alliance, argued that the measures would improve affordability, help retain residents and businesses, and support job growth. They cited polling support, outmigration, small-business reinvestment, and comparisons to lower-tax states such as North Carolina. Their economist, Rebecca Paxton, said her model showed smaller revenue losses than critics claim and projected that the revised revenue cap would not create additional annual revenue losses while producing more regular taxpayer refunds. Committee members pressed the panel on competitiveness, prior ballot initiative implementation, and whether the measures would actually address broader affordability pressures; the hearing ended with the committee continuing to take questions from the proponents.
NM
New Mexico 2025 Regular Session
IC - Courts, Corrections and Justice Nov 6th, 2025
Courts, Corrections & Justice Committee
Transcript Highlights:
- Arizona actually does not have a cap, and Texas has a cap of 250,000.
- Mexico is capped at $250,000, and the PCF plus the primary layer is capped at $900,000.
- So they still will be capped. They will still get the benefit of the cap.
- There are many states that have caps, some states do not have caps, and very few states have PCFs.
- There is no cap, so when you say going after doctors, the Medical Practice Act creates a cap.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 7 on Accountability and Oversight May 7th, 2025
Transcript Highlights:
- The first is to raise the cap to 50% by 2055.
- The one is just prop to the cap.
- So this... ...the Governor's proposal increases the cap, or proposes to increase the cap, from 10% to
- We have a cap of a 20% increase.
- So the 10% cap has been reached.
Summary:
The Assembly Budget Subcommittee on Accountability and Oversight held a hearing on proposals to reform California’s Budget Stabilization Account, or rainy day fund, ahead of the May Revision. Members and witnesses reviewed how Proposition 2 (2014) changed reserve rules, including mandatory deposits, a 10% cap on the fund, and limits tied to the Governor’s declaration of a budget emergency. LAO staff explained that California’s revenues are highly volatile, that current reserve rules are complicated by interactions with Proposition 98 and the Gann limit, and that under current law reserves would cover only about one-third of funding shortfalls in a benchmark scenario over 50 years.
The LAO presented its report recommending a larger reserve target, including raising the cap to 50% by 2055 and pairing that with either broader, more flexible deposit rules or a simpler approach that deposits all excess capital gains. The Department of Finance described the Governor’s proposal to raise the cap from 10% to 20% and exempt BSA deposits from the state appropriations limit, while Assembly Member Valencia presented ACA 1, which would make similar changes and was described as an evolving proposal. Testimony generally supported saving more during boom years, but differed on how much to hardwire into the Constitution versus leave flexible, and on whether to broaden the deposit formulas beyond capital gains.
Public witnesses and committee members raised additional issues, including whether reserve reforms should also address debt repayment, the treatment of unemployment insurance fund debt, and whether the Gann limit should be adjusted to better allow reserve growth. Supporters argued that stronger reserves would protect Californians from cuts during downturns and help the state weather volatility and federal funding threats. Some advocates warned that reforms should not come at the expense of current public needs, while taxpayer representatives cautioned against turning the BSA into a pass-through account that weakens constitutional spending limits. The hearing ended without a vote, with the committee chair noting the complexity of the issue and adjourning after public comment.