Video & Transcript Research : 'volume cap'
Page 126 of 369
KY
Kentucky 2025 Regular Session
Budget Review Subcommittee on Education (8-20-25) - Reupload
Transcript Highlights:
- The KTG award a result our cap program. I'd like to a result our cap program.
- Um and we have, you state cap grant.
- the CAP grant maximum to $5,300 in 2022. the CAP grant maximum to $5,300 in 2022.
- Um so the cap to be being here today.
- Um so the cap to be eligible<00:15:25.839>
for <00:15:26.079>CAP <00:15:26.480>you
Keywords:
The livestream event for this meeting failed before the meeting was finished. This copy was pulled from backups and is reposted in it's entirety., 958, all
Summary:
The committee met to review KHEAA’s student aid programs ahead of the upcoming biennial budget. KHEAA officials outlined the agency’s role administering state grants and scholarships, emphasizing that net lottery proceeds are statutorily dedicated to student financial aid after a literacy appropriation. They focused on the College Access Program (CAP), Kentucky Tuition Grant (KTG), and KEES, and explained that the FAFSA simplification changes significantly expanded eligibility for Pell and CAP recipients. KHEAA said the General Assembly’s additional funding this biennium allowed CAP to be fully funded, and that FY25 spending for CAP reached about $232 million for roughly 72,000 students, up from about 55,000 recipients the prior year. Officials said they are watching current-year application trends closely and expect a clearer funding picture by late fall as awards are actually disbursed and enrollment data comes in.
Members asked about how CAP eligibility works, the difference between applicants and recipients, and whether KTG is tied to Pell eligibility. KHEAA explained that CAP is essentially aligned with Pell eligibility, while KTG uses a different need formula and is limited to private colleges in Kentucky. They also noted that schools verify final eligibility after KHEAA’s initial review of application data. Questions about the FAFSA simplification act and federal changes led KHEAA to say they do not expect major effects on state grant and scholarship programs, though federal student loan changes may affect students, especially at the graduate level.
The committee also discussed KEES, which KHEAA said has been fully funded since its creation, and dual credit/work-ready scholarships. KHEAA reported that dual credit participation continues to grow and that FY25 spending for dual credit and Work Ready Kentucky totaled about $26.4 million, compared with a $13.1 million appropriation, with transfers from Work Ready used to keep dual credit fully funded. Officials said they will seek growth funding for dual credit in the next budget because the program has expanded and now includes the work-ready component under one statute. Members asked about transferability of dual credit courses and whether students actually use the credits toward degrees; KHEAA said it does not have hard data on every credit’s transfer, but it is seeing positive trends in bachelor’s completion and more high school graduates earning associate degrees. No votes or formal actions were taken beyond approving the July 15, 2025 meeting minutes.
ND
North Dakota 2025-2026 Regular Session
House Appropriations - Human Resources Division Apr 8th, 2025 at 03:00 pm
Appropriations - Human Resources Division
Transcript Highlights:
- But certainly, right, if your legislative intent is to have a cap, we will abide by a cap. Okay.
- Is there a cap? What's the dollar amount in total?
- Well, in the motion that we have before us, there is not a cap.
- What was the administrative cap number again? About $770,000.
- Chair, the other thing you could do in terms of wanting to kind of cap therapeutic leave days or cap
Summary:
The committee first took up Senate Bill 2399, concerning therapeutic leave days for psychiatric residential treatment facilities (PRTFs). Sarah Aker from the Department of Health and Human Services explained the current Medicaid rate-setting methodology, how occupancy affects rates, and why paying the full rate for leave days would create additional fiscal impact. Members debated whether the bill should pay the full Medicaid rate, a flat reduced rate, or a tiered rate, and discussed whether a cap or department authorization should be used to control use of leave days. The department said it was not supporting the change as it was not in the governor’s budget, though it supported family engagement in care.
After discussion, the committee settled on a compromise motion to set therapeutic leave days at a $500 daily rate and require department authorization of the number of leave days. The motion passed 6-2, with Representative Anderson voting no and the rest of the recorded members voting yes. The committee then moved on to Department of Corrections and Rehabilitation budget materials, where Michelle Zander walked through detailed population and rate calculations for women’s and men’s facilities, county holds, deferred admissions, transitional facilities, work release, and proposed reentry, man camp, and Grand Forks-related costs. Members asked about the county jail reimbursement rates and the overall pool of funds, and Zander explained the calculations and noted the proposal was roughly break-even depending on assumptions.
The committee also heard an overview of DOCR IT requests from Amy and NDIT staff, including data processing, medical modules, a new client management system, body scanners, data management tools, facility management software, medical software upgrades, college solutions, and body cameras/tasers. Staff explained that the new client management system would likely be a multi-phase project with a wide cost range based on vendor selection and scope, and that the current request was for phase one. Members emphasized the importance of better data tracking, staff safety tools, and information that could help explain programming and release outcomes to the public. The committee planned to continue with Veterans Affairs the next day and then return to Senate Bill 2015.
NM
Transcript Highlights:
- And, yeah, guardrails or whatever, and there needs to be a cap or whatever.
- And, yeah, guardrails or whatever, and there needs to be a cap or whatever.
- It capped the value of the program. Is that right? Mr.
- Raise the cap, let her pull the million out of the government fund.
- Chairman, rather than the $350,000 cap, it would be $500,000. Okay.
Keywords:
telecommunications, low-income assistance, lifeline, broadband, rural broadband, universal service fund, public regulation commission, PRC, 911 surcharge, telecommunications relay service, VoIP, mobile service, internet affordability, digital equity, digital inclusion, rural internet, broadband infrastructure, eligible telecommunications carrier, ETC, tribal consent
AL
Alabama 2025 Regular Session
Alabama House Public Safety and Homeland Security Committee Apr 9th, 2025
Public Safety and Homeland Security
Transcript Highlights:
- Um, you know this is dealing with members and annual caps. We do not...
- Um, we do not have annual caps in this plan.
- None of those plans have caps on health benefit spending. Um, we have been talking with...
- , and if you take this cap, then your premium's much lower."
- To clarify, it's about annual and lifetime caps. Correct.
Keywords:
emergency vehicles, off-road vehicles, public safety, liability, regulations, background check, criminal history, biometric identifiers, fingerprints, iris scan, palm print, photograph, rap back, NGI Rap Back, ALEA, Alabama Law Enforcement Agency, AJIC, Alabama Justice Information Commission, employment screening, licensing
CO
Colorado 2026 Regular Session
Colorado House 2026 Legislative Day 088 Apr 11th, 2026
Colorado House Floor Meeting
MA
Massachusetts 2025-2026 Regular Session
Senate Committee on Climate Change and Global Warming Jun 21st, 2026 at 10:00 am
Senate Committee on Climate Change and Global Warming
Transcript Highlights:
- Since 2019, that cap has been set at 3.0% of the company's overall revenue.
- Since 2019, that cap has been set at 3.0 percent of the company's overall revenue.
- a utility is allowed to recover per year, to 2.5% from the existing cap of 3.0%.
- cap to 2.0% in 2026 and 1.5% in 2027, which is the minimum prescribed in the GSEP statute.
- , assuming that the LDC is spending at the 3% annual cap level.
Summary:
The committee heard testimony on two related issues: gas utilities’ climate compliance plans filed with the Department of Public Utilities and the recent DPU orders reforming the Gas System Enhancement Program (GSEP). Chair Creem and other senators emphasized that Massachusetts must reduce gas use, shrink the gas distribution footprint, and move customers to alternatives such as heat pumps, network geothermal, and non-gas pipeline alternatives (NPAs). DPU Chair Jamie Van Nostrand said the new GSEP orders lower the annual revenue cap from 3.0% to 2.5%, phase it down toward 1.5%, eliminate carrying charges, require more rigorous risk prioritization, and push utilities to consider advanced leak technology, relining, repairs, and NPAs. He also described the climate compliance plans as the start of a longer process covering decommissioning, stranded costs, line extension allowances, integrated energy planning, and targeted electrification demonstrations.
Senators pressed the DPU and utility witnesses on the lack of specificity in the climate compliance plans, especially the absence of numeric goals for gas usage reduction, customer conversions, and near-term deployment of NPAs. Utility representatives from Eversource and National Grid said their plans include NPA frameworks, integrated energy planning, targeted electrification pilots, network geothermal, and workforce transition efforts, but argued that implementation takes time, requires customer participation, and depends on coordination with electric utilities and communities. They said some NPA and electrification projects are being evaluated now, while larger-scale deployment is expected later in the decade. Senators also raised concerns about line extension allowances, with utilities explaining that new customers may be charged based on whether existing ratepayers would otherwise be harmed, while National Grid said it has begun increasing customer contributions to send stronger price signals.
Attorney General Mary Gardner supported the DPU’s GSEP reforms and said the office favors eventually stepping the GSEP cap down to zero by 2030, with repair and replacement costs recovered in base rate cases instead. She argued that the utilities’ plans still rely too heavily on business-as-usual approaches, do not adequately quantify scope 3 emissions, and leave unresolved questions about the obligation to serve and the future of line extension allowances. Advocacy witnesses from the Conservation Law Foundation and Acadia Center were more critical, saying the plans lack the detailed modeling, targets, and transparency needed to show how the utilities will help meet the Commonwealth’s heating and cooling sublimits and broader climate goals. No votes were taken; the hearing consisted of testimony and questioning.
TX
Transcript Highlights:
- And when you place a cap on that ability...
- This cap has remained unchanged since 2011.
- This cap was set at $2 million in 2011.
- This developer cap, I have to list who the principal is.
- The per developer cap still applies.
Bills:
SB434, SB844, SB898, SB1177, SB1214, SB1454, SB1920, SB1927, SB1935, SB1965, SB2010, SB2046, SB2068, SB2073, SB2183, SB2260, SB3034, SB907
Keywords:
SB 434, Harris County Hospital District, hospital district police, peace officers, commissioned officers, law enforcement authority, Health and Safety Code, Code of Criminal Procedure, public safety, hospital security, county hospital district, local government, Texas criminal procedure, district police, armed security, SB 898, low income housing tax credits, LIHTC, affordable housing, Texas Department of Housing and Community Affairs
MN
Minnesota 2025 1st Special Session
House Human Services Finance and Policy Committee 1/23/25
Human Services Finance and Policy
Transcript Highlights:
- First, ARM strongly opposes the proposal to cap inflationary adjustments at 2%.
- These caps threaten not just jobs but the essential, life-giving care they provide to Minnesotans with
- <00:10:24.760>
what enough um if we're capping what enough um if we're capping what providers - This budget that the governor proposed looks to put a 2% cap on future rate increases.
- This budget that the governor proposed looks to put a 2% cap on future rate increases.
Summary:
The House Committee on Human Services Finance and Policy met to approve prior minutes and then take public testimony on the governor’s budget recommendations for human services. The chair explained the hearing format and noted that DHS declined to testify. Much of the testimony focused on proposed reductions or caps affecting disability waiver services, nursing homes, and elderly waiver programs, as well as related fee and tax changes in the budget.
Representatives of ARM argued that the governor’s proposal would cap inflationary adjustments at 2%, limit rate exceptions, cap billable days, and restrict individualized home supports, which they said would worsen workforce shortages, reduce wages for direct support professionals, and destabilize disability services. They said the package would cut about $600 million over four years and could lead to group home closures, higher turnover, and families losing access to local homes and services. Committee members asked about real-world impacts and future rate adjustments, and ARM responded that providers have already planned around expected 2026 rates, so a cap would create immediate budget and staffing problems.
Long-Term Care Imperative testified against nursing home-related cuts, saying the budget would cap future rate increases, limit health insurance costs in rate setting, phase out closure-related agreements and incentives, and fail to fully fund the Nursing Home Workforce Standards Board. They estimated the nursing home provisions could amount to a $218 million cut over four years, or roughly $350 million when combined with other underfunding, and said every nursing home and bed in Minnesota would be affected. They also criticized the lack of an inflation factor in Elderly Waiver, a proposed 54% increase in assisted living fees, and possible changes to provider-assessed fine and penalty funds. Members asked about staffing and bed availability, and the testifiers said reduced funding would likely force more beds out of service.
A later testifier, Dan Andre of the Minnesota Council of Health Plans, raised concerns about the DHS budget’s proposed increase in the HMO surcharge and about carving pharmacy and non-emergency medical transportation benefits out of managed care. He argued the tax increase would raise premiums for fully insured and Medicare supplement enrollees and that managed care coordination helps members access care and medications. The hearing also included one unrelated, disruptive testimony about the Minnesota Sex Offender Program and other agencies, which the chair redirected back to the human services budget. No votes or formal actions were taken beyond approving the minutes and receiving testimony.
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 41 Apr 15th, 2026 at 01:30 pm
Oklahoma House Floor Meeting
Transcript Highlights:
- Speaker, this amendment sets the growth cap at 1.75.
- Homesteads and everything else are currently capped at 3.
- So all the properties that currently are capped at 5% would be capped at 4%.
- So all the properties that currently are capped at 5% would be capped at 4%.
- So, with a 1.75% fixed cap on growth for homesteads, we will have the lowest fixed cap in the nation
Bills:
HR1051, HR1048, SB2074, SJR39, SJR47, SB1983, SB444, SB1503, SB1561, SB592, SB1501, SB1946, SB1567, SB1833, SB2026, SB904, SB2178, SB1651, SB1558, SB1565, SB1553, SB1257, SB65, SB1749, SB1242, SB1642, SB640, SB667, SB1436, SB1484, SB1562, SB1794, SB1644, SB1533, SB933, SB1555
Keywords:
livestock, judging, Oklahoma State University, championship, agriculture, military children, recognition, community support, military families, April 15, pharmacy benefits managers, reimbursement, healthcare, prescription drugs, cost regulation, property valuation, tax limit, homestead, income threshold, elderly
HI
Hawaii 2026 Regular Session
JHA Public Hearing - Thu Feb 12, 2026 @ 2:00 PM HST
Judiciary & Hawaiian Affairs
Transcript Highlights:
- So right now the cap is 21.5 set.
- OHA is capped at 21.5. is 78.9 million. OHA is capped at 21.5.
- OHA is capped to receive 21.5 million. OHA is capped to receive 21.5 million.
- So this is um an interim step cap.
- Chair could offer a thought that we talked about removing the cap or increasing the cap.
Summary:
The committee heard testimony on House Bill 2046, which would establish and fund an Olo Hawaii Commission to coordinate and promote initiatives supporting the use of Olo Hawaii. The Attorney General suggested adding an end date because the bill creates a temporary commission, and several supporters from the University of Hawaii, Office of Hawaiian Affairs, and the Hawaii Civil Rights Commission said the commission could improve coordination, funding decisions, and consistency across agencies. Members discussed whether the commission should include broader representation, including expertise on Niihau dialect speakers and other stakeholders, and the bill was then set aside as the committee moved to the next measure.
The committee next considered House Bill 2438, creating the Hawaii Cultural Trust within DBEDT, authorizing an income tax credit for contributions to the trust and qualified cultural organizations, and creating a special license plate to support the trust. DBEDT said it would need additional resources, including staff, to administer the program. The Department of Taxation recommended changing the effective date to 2026 to allow time for implementation and adding a requirement that credits be claimed within one year. OHA supported the bill but objected to language that would require it to maintain a prequalified list of organizations, saying that could limit applicants and conflict with its grant process. The Tax Foundation said it supported cultural funding but preferred direct appropriations and grants over a trust fund and tax credit structure.
The final measure discussed was House Bill 2584, which would temporarily increase public land trust revenues transferred to OHA while reaffirming the state’s obligation to the 20% pro rata share, with a repeal date of June 30, 2028. The Attorney General recommended deleting the bill’s requirement that OHA receive a minimum amount equal to the 20% share, arguing the constitution and Admission Act do not specify a precise dollar amount and that the legislature must determine allocation. OHA strongly supported the bill, arguing the state currently pays only about 5% and that historical records show much higher amounts are owed; OHA also pointed to a carry-forward account it said held about $55 million. DLNR opposed the bill because the fiscal impact was unspecified and could affect land management and special fund budgets. Several OHA trustees and supporters urged the committee to pass the bill, and one testifier criticized the state for underfunding Native Hawaiian obligations. No votes were taken in the portion provided, and the committee continued hearing testimony on HB 2584.
HI
Transcript Highlights:
- /c><00:39:32.079>
you <00:39:32.400>decide <00:39:32.640>to cap or whatever cap - you you decide to cap or whatever cap you you decide to put<00:39:33.200>
and <00:39:33.440> - , just to kind of wrap up the the um cap, just to kind of wrap up the the um cap, insurance<00:40
- <00:40:56.240>
I insurance cap question on the 350. I insurance cap question on the 350. - I'm wondering, HHRF, can you adjust the cap based on the building, or does it have to be a hard cap?
HI
Transcript Highlights:
- price caps don't work. price caps don't work.
- . cap. cap.
- there that price caps don't work. there that price caps don't work.
- $3 cap.
- like a a ticket cap, right, the $3 cap. like a a ticket cap, right, the $3 cap.
Keywords:
Hawaii Symphony Orchestra, state funding, public performances, educational programs, cultural arts funding, culture and arts, arts policy, cultural preservation, community development, economic revitalization, place-based planning, public spaces, historic preservation, adaptive reuse, mixed-use development, business improvement district, Honolulu Chinatown, DBEDT, Department of Business, Economic Development, and Tourism, state foundation on culture and the arts
Summary:
The committee heard testimony on SB 2603 SD1, which would designate the Hawaii Symphony Orchestra as the state symphony orchestra, require annual reports to the legislature, and appropriate funds. Testimony was overwhelmingly in support from the orchestra, the Hawaii Youth Symphony, the Hawaii Arts Alliance, business and arts groups, and many individuals. Supporters emphasized the orchestra’s cultural value, its role in inspiring youth and supporting arts education, and its broader community impact. No opposition or questions were raised, and the chair offered praise for the level of public engagement around the measure.
The committee then took up SB 3007 SD2, relating to culture and the arts, which would create an Office of Community Culture and Innovation within the State Foundation on Culture and the Arts, require annual reporting, appropriate funds, and establish a Community and Cultural Partnerships Program. The Attorney General’s office warned that section four, which separately funds preservation and relocation of artwork from Aloha Stadium, may be non-germane and should be moved to a separate bill; it also suggested the office would be more properly placed under DAGS rather than SFCA. SFCA Director Karen Ewald testified with concerns about added costs, staffing burdens, and the need for earlier communication, while also saying the agency could support the work if properly coordinated. Opposition testimony argued the bill was duplicative or unnecessary, while supporters, including Governor Abercrombie and Dean Sakamoto, said it would help communities, especially Chinatown, and could support planning and cultural revitalization. The chair noted roughly eight opposition testimonies and five in support, and questioned witnesses about coordination and the cost of relocating the Aloha Stadium artwork, which Ewald estimated could cost at least $1.2 million. The AG’s office said removing section four would substantially reduce legal risk.
Finally, the committee heard SB 3019 SD2, a consumer protection measure that would cap ticket resale prices at no more than $3 above the original price for events in Hawaii and authorize DCCA to adopt enforcement rules and fines. The Office of Consumer Protection opposed the bill, arguing it would strain limited enforcement resources, push sales to less regulated channels, and likely eliminate the protections offered by established secondary platforms. Chamber of Progress also opposed the bill, saying price caps would encourage black-market sales, scams, and fraud, and that resale markets serve legitimate consumer needs. In support, the National Independent Venue Association backed the measure, though the remainder of its testimony was not fully captured in the transcript excerpt.
FL
Florida 2026 4th Special Session
February 12, 2026 - 09:15 AM
Transcript Highlights:
- We had some questions about putting a limit or a cap because caps oftentimes become the bottom.
- Is there a way to maybe not put a cap? You're recognized. Thank you for the question.
- And just to clarify on that too, you have a cap to prevent a third party from jacking up prices on a
- people end up going at the cap and just charging a $10 flat fee.
- I just hope this cap doesn't end up being an option. Automatic. And I love you, Ty.
TX
Texas 89th 2nd C.S.
Pensions, Investments & Financial Services May 12th, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- They're capped at 7 years.
- And so that 5% cap actually penalizes us. So. Right now we have a project.
- I don't think the debt cap has anything to do with like ignoring the will of the voters.
- And so my recommendation would be no cap happen to remove that off of there.
- can get more under the cap or to go out and just finance things long term.
TX
Transcript Highlights:
- The correct reduction should be 125.8, which would provide a revised FTE cap of 2,840.5 FTEs.
- In a nutshell, is CAPS the statewide HR system that you use to process payroll?
- What's your projection of having every state employee on the CAP system? Do we have?
- So it's an interface for our legacy systems back to the Comptroller's CAP system.
- So, it's an interface for our legacy systems back to the Comptroller's CAP system.
MN
Minnesota 2025-2026 Regular Session
Committee on Housing and Homelessness Prevention - 03/17/26
Housing and Homelessness Prevention
Transcript Highlights:
- bonds is capped.
- ,<00:05:12.800>
um credits, the amount is not capped, um credits, the amount is not capped - So, it can go to 30 years, the cap? cap? cap?
- <00:13:34.040>
on I mean to cap just put a flat cap on I mean to cap just put a flat cap on - cap on the maximum bond um limitation. cap on the maximum bond um limitation.
NH
New Hampshire 2025 Regular Session
House Education Funding (04/28/2025)
Transcript Highlights:
- It does calculate cap.
- So, each year we put in what cap is cap.
- You've reached cap or they get to cap.
- them if they have reached cap. them if they have reached cap.
- Well, are you subtracting it from cap? It gets subtracted from cap, right?
Summary:
The subcommittee met for its third discussion on special education aid under retained bill 742, with the chair noting that no action would be taken at the meeting. The chair reviewed prior hearings on Medicaid and local special education funding shortfalls, saying the committee was trying to understand why districts are facing proration of special education aid and how to reduce unfunded costs. He raised a series of questions for the Department of Education about the Nessus system, eligibility and ineligibility, invoices and vouchers, audit procedures, reimbursement rates, out-of-state placements, and who enters data at the district level.
Rebecca Fdet, director of special education services at the Department of Education, explained that Nessus is the statewide special education information system and that every child in special education must be entered into it. She said most districts use it to develop IEPs and track services, while six districts use it only as a data reporting tool. She described which fields are required, how the system connects IEP development to the financial section, and how districts submit invoices when seeking special education aid, court-ordered placement payments, or episode-of-treatment placements. She said the department reviews invoices against the IEP, pays only for allowable services, and uses a cap that notifies districts when they reach the annual limit.
Members asked about who submits the information, how districts decide when to seek aid, and how costs are calculated for individual or group services. Fdet said the district, usually an administrative assistant in the SAU office, submits the documentation electronically, and districts decide when to track students for aid based on their own circumstances. She said reimbursement is based on actual costs tied to the IEP, with group services split among students, and that the department does not generally set rates for local services. The only rate-setting she described was for approved private special education providers, which submit annual cost spreadsheets for tuition rates. She also said out-of-state providers must be approved by their own state, and the department checks licensure and certification through monitoring and investigations if concerns arise.
The department also described its monitoring process, called Program Approval and General Supervision Monitoring, or PAGS. Fdet said districts are reviewed on a six-year cycle, with more intensive review for districts needing assistance or intervention and fewer file requests for districts meeting requirements. She said the department can review up to 65 data points on an IEP and that districts must submit special education aid paperwork by July 31, with superintendent verification due by August 15. The meeting ended with continued questions about procurement, audit procedures, and how the department handles out-of-district and out-of-state placements.
NH
New Hampshire 2026 Regular Session
House Municipal and County Government (02/03/2026)
Municipal and County Government
Transcript Highlights:
- or a budget cap.
- caps are only for caps and town budget caps are only for are<04:23:43.920>
not <04:23:44.159>< - and budget caps.
- and budget caps.
- chosen to adopt a cap that that cap that chosen to adopt a cap that that cap that that<04:39:20.480
Summary:
The committee convened for a day of public hearings on nine bills, with plans to later execute several early bills and possibly additional measures under House Rule 44. Chair Diane Pauer outlined time limits for sponsors and testimony, announced a lunch break around noon, and noted substitute members would be arriving later. The first hearing was on House Bill 1107, which would allow municipal budget committees to have one to three alternate members. Representative Valon, the prime sponsor, said the bill was intended to help towns like Epping deal with quorum problems during the compressed budget season and noted that alternates are common on other local boards. The New Hampshire Municipal Association testified in support, saying the bill would increase flexibility and help fill seats. Committee members raised concerns about whether alternates should be elected, how they would be selected, whether they would be sufficiently informed to vote, and whether the bill’s one-year term language and rescission provisions were clear. The sponsor and NHMA said the process would be consistent with other local boards, that alternates would typically be appointed after elections, and that they would follow up on possible statutory clarification. The hearing closed with six remote supporters, one paper supporter, and no opposition reported.
The committee then heard House Bill 1118, sponsored by Representative Colby, which would raise the daily amount municipal employees may hold before remitting funds to the treasurer from the current $1,500 limit to $3,500. Colby said the existing thresholds are outdated, have not been updated in about 20 years, and create burdens for smaller towns that must make frequent bank deposits, sometimes far from town offices. She said the bill would improve efficiency and allow staff to focus more on serving residents, while still allowing municipalities to keep lower limits if they choose. Members asked about how the remittance process works in practice, what amounts municipalities typically collect, and whether the change reflected a broader trend of updating cash-handling thresholds. The sponsor explained that the bill only changes the dollar thresholds in the relevant statutes and does not require municipalities to adopt the higher limit. The transcript cuts off before any final action on HB 1118 is reported.
FL
Florida 2026 4th Special Session
January 22, 2026 - 10:30 AM
Transcript Highlights:
- It keeps the 3% cap intact.
- For non-homestead properties, it replaces the 10% annual cap with a 15% cap over a three-year period.
- So right now, this 3% cap is in current statutes and in the law.
- And why not cap the essentials?
- It's simply a cap.
MN
Minnesota 2025-2026 Regular Session
Working Group on Omnibus Taxes Bill - 05/27/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- Uh, and about cap the cap, lift the cap.
- So, so I'm curious about capping the cap and then lifting the cap.
- So, so I'm curious about capping the cap and then lifting the cap.
- I'm curious about capping the cap and then lifting the cap.
- I don't know what capping the cap and lifting the cap means.