Video & Transcript Research : 'rate filing'
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CA
California 2025-2026 Regular Session
Senate Local Government Committee Apr 22nd, 2026
Local Government
Transcript Highlights:
- Those are File Item 8, SB 1205; File Item 9, SB 1274; File Item 11, SB 1055; File Item 15, SB 1170; and
- , file item 9, SB 1274, file item 11, SB 1055, file item 15, SB 1170.
- I'm sorry, not file item 2. File item 15, SB 1170, file item 17, SB 1438.
- The consent calendar consists of file item 8, SB 1205; file item 9, SB 1274; file item 11, SB 1055; file
- File item 9, SB 1274; file item 11, SB 1055; file item 15, SB 1170; file item 17, SB 1438.
Summary:
The committee heard several bills focused on wildfire resilience, land use, and local government transparency. SB 911 by Senator Becker would require notification to fire enforcement agencies when a home in a high fire severity zone is sold with an agreement for the buyer to bring the property into defensible-space compliance; the California Association of Realtors said it would drop opposition if the bill is amended to use the preliminary change of ownership report, and the bill passed 4-0 to Appropriations. SB 994 by Senator Cabaldon would bar local officials from signing nondisclosure agreements that prevent them from sharing information with the elected decision-makers of their jurisdiction; supporters framed it as a transparency measure, and it also passed 4-0 to Appropriations. SB 1041 by Senator Riggins would expand PACE financing for wildfire home-hardening improvements and add consumer protections, but it drew strong opposition from homeowner advocates, county treasurers, bankers, and others over predatory lending and lien concerns; it passed 3-2 and remained on call.
The committee also considered SB 1075 by Senator Reyes, which would require local governments in AB 617 communities to consider air-quality reduction measures in land-use approvals for industrial and commercial projects. Environmental justice groups supported the bill as a way to implement community air plans, while counties, cities, business groups, builders, trucking interests, and others opposed it as duplicative of CEQA and a barrier to investment and jobs. After debate over local control and environmental justice, the bill passed 3-2 and remained on call. SB 958 by Senator Cabaldon would advance the Midway Rising redevelopment project in San Diego, replacing a former arena and parking lots with housing, affordable units, parks, and a new entertainment venue; with no opposition voiced, it passed 3-0 to Appropriations.
Another wildfire-related measure, SB 1182 by Senator Allen, would require local governments to consider insurance availability in safety planning for development in high fire hazard areas and direct state technical guidance on the issue. Supporters said insurance access is now a key indicator of risk, while some members questioned whether the bill would add useful information or burden local governments; the bill received a 1-1 vote and remained on call. The committee then began hearing SB 1116 by Senator Caballero, a starter-home/infill housing bill creating a streamlined ministerial path for small projects up to 10 units, but the transcript cuts off before testimony or a vote on that measure.
CA
California 2025-2026 Regular Session
Assembly Transportation Committee Jun 29th, 2026
Transcript Highlights:
- We will not be hearing file item number 14, SB 1292, Richardson.
- You have three bills before this committee: file item one, SB 569; file item two, SB 741; and file item
- We did note that file item four, SB 12, 13, 24 is on consent.
- Moving on the file, item 11, SB 1087.
- File item number 12, SB 1156, Wilson. Aye. File item number 12, SB 1156, Wilson. Aye. Wilson, aye.
Summary:
The Assembly Transportation Committee heard several bills focused on active transportation, transit, road safety, and local enforcement. SB 569 would restrict removal or downgrading of bikeways built with state General Fund dollars for at least 20 years, require public hearings before major changes, and was supported by bicycle advocates and some local and environmental groups. The City of Encinitas opposed the bill, arguing it could limit needed safety fixes and should apply only to future projects; committee members discussed whether the bill still allowed safety-based modifications. The bill passed on a due pass vote to Appropriations.
SB 741 would streamline the Low-Carbon Transit Operations Program by reducing administrative burden and giving transit agencies more flexibility to use funds for service improvements, fare programs, and other transit needs while maintaining oversight and disadvantaged community requirements. Transit agencies and advocacy groups supported the measure, saying it would help agencies respond to post-pandemic ridership and financial challenges. The committee approved the bill on a due pass as amended vote to Appropriations.
The committee also heard SB 1167, which would tighten consumer protections by clarifying that high-powered e-motos and similar motor vehicles are not e-bikes, requiring clearer disclosures and labels, and improving crash reporting. Supporters said the bill would reduce confusion and improve safety for riders, pedestrians, and parents; the Motorcycle Industry Council opposed unless amended, arguing the term “e-bike” is used broadly and the bill could affect existing businesses. The bill passed to Appropriations. Later, SB 953, dealing with vehicular manslaughter cases dismissed through misdemeanor diversion, would add DMV points so fatal conduct remains reflected on driving records; the bill was supported by the victim’s family and safety advocates and passed to Appropriations.
The committee then heard SB 1218, which would let local agencies boot vehicles tied to repeated unpaid illegal dumping citations instead of using DMV enforcement. Oakland officials and community groups supported the bill as a needed deterrent, while the ACLU opposed it as punitive debt collection without a sufficient nexus to the vehicle. The bill passed to Appropriations. Finally, SB 739 would revise the Clean Miles Standard for rideshare companies by allowing CARB and CPUC to adjust electric vehicle mileage targets in light of current market conditions; Uber and Lyft supported the flexibility, while clean air advocates began raising concerns about weakening climate goals as the transcript cut off.
WY
Transcript Highlights:
- So I believe it puts more money towards the provider rates and keeps the amount for the wait list at
- The $9.9 million combination for the provider rate increases and the wait list was a JAC addition.
- So I believe it puts more money towards the provider rates and keeps the amount for the wait list at
- So I believe it puts more money towards the provider rates and keeps the amount for the wait list at
- predicated on whether or not Senate file predicated on whether or not Senate file 119<00:29:13.200
Keywords:
911 services, emergency response, grant funding, next generation technology, government accountability, public safety, mental health, detention, competency evaluation, treatment, contractual agreements, Wyoming, budget, funding, education, wildfire prevention, healthcare, community colleges, grants, economic development
KY
Kentucky 2026 Regular Session
House Legislative Session Day 18 (2-2-26)
Kentucky House Floor Meeting
Transcript Highlights:
- submit vote modifications and have filed submit vote modifications and have filed the<00:05:02.240
- The board retains responsibility for planning, fiscal oversight, rate setting, and performance under
- This bill will allow terminal net salvage to be properly accounted for in electric rates, not because
- In plain terms, if not for House Bill 398, future rate payers would be forced to pay twice: once for
- Speaker, in the rate study, um it's >> Mr.
Keywords:
Convene 00:00
Senate Message 05:04
Orders of the Day 06:01
HB 143 06:11
HB 164 08:07
HB 314 11:07
HB 398 21:17
Motions, Petitions, and Communications 29:02
Introduction of New Bills and Resolutions 34:01
Recess for ConC/Rules Meeting 35:40
ConC/Rules Report 40:15
Floor Amendments 41:15
Adjournment 41:26, 958, all
Summary:
The House convened with prayer, the Pledge of Allegiance, and a roll call showing 95 members present. The chamber approved the prior journal, received notice that the Senate had passed Senate Bills 20 and 68 and requested concurrence, and then moved to floor action on several bills. House Bill 143, relating to fiduciary bonds, was explained as removing the requirement that a fiduciary sign a bond in the presence of a court clerk or notary public; it passed 94-0. House Bill 164, relating to hearing aid coverage and related services, was described as increasing the coverage cap from $1,400 to $2,500, updating the definition of hearing aid, and adding network adequacy requirements; it passed 93-0 with one abstention.
The House then considered House Bill 314, relating to the Kentucky Communications Network Authority and declared an emergency. Supporters said the bill was intended to address long-standing concerns about KentuckyWired management and oversight. A committee substitute and floor amendment were adopted, and the bill was explained as moving KCNA into the Finance and Administration Cabinet, transferring its functions to the Commonwealth Office of Technology, abolishing the separate executive director position, and reconstituting the board with new members and appointments. The bill passed 80-13. House Bill 398, relating to decommissioning costs for electric generating units, was presented as allowing terminal net salvage to be included in rates so utilities can recover end-of-life plant costs over time rather than through larger future spikes; after questions about PSC authority and safeguards, it passed 78-15.
After the orders of the day concluded, members made announcements about upcoming committee meetings and a birthday recognition. House Resolution 7, recognizing guiding principles for elections in Kentucky, was reported as having passed unanimously in committee and was adopted without objection. The House also received the report of the Committee on Committees and the Rules Committee, which referred several bills and resolutions to standing committees and posted House Bills 194 and 393 for the next regular orders. The chamber then adjourned until 2 p.m. Tuesday, February 3, 2026.
MN
Minnesota 2025 1st Special Session
Transportation committee approves repeal of California clean car standards 2/26/25
Transcript Highlights:
- Representative Murphy, we will do House File 376 first.
- We would encourage the House to pass House File 376.
- purchasing electric vehicles at a rate purchasing electric vehicles at a rate of<00:09:05.880>
- Representative Murphy renews his motion to refer House File 376 to Environment.
- Representative Murphy renews his motion to refer House File 376 to Environment.
KY
Kentucky 2026 Regular Session
Senate Legislative Session Day 33 (2-24-26)
Kentucky Senate Floor Meeting
Transcript Highlights:
- And deep uh before even filing a bill.
- <00:32:52.159>
a process doesn't end after you filed a process doesn't end after you filed - So, we want to lower the rate.
- now we want to lower that rate on them. now we want to lower that rate on them.
- In the amendment, what it does is rate.
Summary:
The Senate convened with prayer, the Pledge of Allegiance, roll call, and a declared quorum. The chamber excused an absent senator, approved the prior journal, received House communication that the House had passed HB 168, 185, 249, and 455 and requested concurrence, and heard committee reports advancing SB 37 and SB 214 from Agriculture, SB 157 and SB 189 with a committee substitute from Banking and Insurance, and SJR 54 with a committee substitute from Families and Children. The Senate also introduced SB 226 on pre-need burial contracts and SR 113 honoring Robert Connley Young.
The main floor debate centered on SB 101, an act relating to children, which would require a mandatory 12-month expulsion for students in grades 6-12 who assault a school employee, with exceptions for certain students with disabilities under an IEP and for incidents involving provocation by a school employee. The bill also creates a mandatory reporting requirement for assaults and penalties for intentionally failing to report them. The sponsor argued the measure responds to widespread, underreported assaults on teachers, citing 25,000 reported incidents since 2021 and sharing testimony from a teacher whose career ended after repeated assaults. Supporters said the bill would improve school safety, accountability, and classroom control, while opponents argued it is too harsh for children, could permanently remove students from school, and should leave more discretion to principals and districts.
After debate, the Senate adopted Senate Committee Substitute 1 for SB 101 and then proceeded to final passage. Several senators spoke for and against the bill during roll-call explanation, with supporters emphasizing teacher safety, parental responsibility, and consequences for repeat offenders, and opponents warning about lost educational opportunities and the need for second chances. The transcript cuts off during the roll call, but the chamber had already adopted the committee substitute and moved to vote on SB 101 as amended.
WY
Wyoming 2026 Regular Session
Senate Labor, Health & Social Services, February 16, 2026
Labor, Health & Social Services
Transcript Highlights:
- Severe allergic Senate File 19.
- >> This is a roll call vote for Senate File >> This is a roll call vote for Senate File
- think the reason why participation rates think the reason why participation rates are<01:21:29.760
- File 57 as amended. Senator Crum. File 57 as amended. Senator Crum.
- >> This is a roll call vote for Senate File >> This is a roll call vote for Senate File
MN
Minnesota 2025-2026 Regular Session
House Transportation Finance and Policy Committee 4/15/26
Transportation Finance and Policy
Transcript Highlights:
- separate legislation at increased rates separate legislation at increased rates uh<00:09:31.600>
- Um, and um are all metro area residents um taxed at the same rate?
- <01:05:20.319>
or changing uh the allocations or rates or changing uh the allocations or rates - hearing on house file 4693. hearing on house file 4693.
- House File 4693 is in front of the committee.
Bills:
HF4693
Keywords:
transportation, license plates, validation stickers, replacement fees, government fees, 1183, house
Summary:
The Transportation Finance and Policy Committee approved the April 13, 2026 minutes and then heard a presentation from Charles Carlson of Metropolitan Transportation Services on regional transit governance and finance in the Twin Cities area. Carlson reviewed the history of transit governance from private streetcars and buses to public control, including the creation of the Met Council and Metropolitan Transit Commission in 1967, later fragmentation through suburban opt-outs and the Regional Transit Board, and the 1994 consolidation that made Metro Transit part of the Met Council. He also explained the role of the Transportation Advisory Board as a state-created advisory body to the council’s federally designated MPO function, and noted that any major structural change to the Met Council could trigger federal redesignation requirements.
The presentation then focused on funding changes over time. Carlson said transit was long supported by fares, property taxes, and federal aid, but that property taxes for operations were prohibited in 2001, federal operating assistance ended, and the state shifted to general fund support and then motor vehicle sales tax revenue. He described the 2006 constitutional dedication of motor vehicle sales tax, the volatility of that revenue during the Great Recession, and the use of one-time state appropriations and later federal COVID relief to cover operating gaps. He said the 2023 legislature created the regional 3/4-cent transportation sales tax to stabilize transit operations, reduced the state’s rail operating obligation, and moved Metro Mobility/Metro Move into a state forecast-based program effective in 2025.
Members asked several questions about the structure of suburban “opt-out” providers, including Maple Grove and Plymouth, and how they can contract with Metro Transit or private providers while still retaining control of their allocated funds. Carlson explained that replacement service municipalities receive statutory and formula allocations and choose how to use them. He also described Metro Move as a waiver-based service begun in 2024 that uses human services and Medicaid funds to reduce pressure on the state general fund. Later discussion covered ridership and service shares, with Metro Council providing the vast majority of regional transit service and suburban providers accounting for a small share. No votes or bill actions were taken beyond adoption of the minutes; the chair indicated a bill would be taken up later in the meeting.
LA
Transcript Highlights:
- In April of 2025, finances, interest rate changes, everything, it was determined that the assessments
- You know, interest rate changes, everything.
- And fortunately, it was still within time for us to file bills before we had to use our five.
- It inhibits our ability to see if people are filing duplicate claims.
- And that would be primarily dependent on the rate of utilization? It would.
Summary:
The House Insurance Committee met on April 23 with a quorum present and began by announcing that HB 1142 was deferred. The committee then took up HB 1187, which would direct any excess Louisiana Citizens emergency assessment funds, after related debt is satisfied, toward the Louisiana Fortified Homes Program or future Citizens obligations. Commissioner Tim Temple and Rep. Sawyer said the bill would likely redirect about $50 million to the popular fortified roof grant program, which has already awarded thousands of roofs and is oversubscribed. With support from Citizens and others, the committee adopted technical amendments and reported HB 1187 favorably.
The committee next considered HB 1210, a proposal by Rep. Dana Henry to create a pre-suit claim review process for Louisiana Citizens disputes modeled on Florida’s system. After explaining that the bill was prompted by constituent concerns about rising homeowners insurance costs, Henry voluntarily deferred the bill and instead moved toward a study resolution. The substitute version, which would have allowed Citizens disputes to be resolved through the Division of Administrative Law, was adopted for discussion, but the bill was ultimately voluntarily deferred after testimony from Citizens and the department supporting further study.
HB 1199, by Rep. Jordan, would require coverage for genetic testing and medically necessary treatment for SCN2A-associated disorders. After adopting an amendment clarifying that coverage depends on provider order and medical necessity, the committee heard emotional testimony from a parent describing her daughter’s severe SCN2A condition and the difficulty obtaining genetic testing. The bill was reported favorably. The committee then took up HB 880, the Louisiana Artificial Intelligence Insurance Fairness Act, which would regulate AI use in underwriting, rating, and claims. Jordan said the bill raised state-federal insurance regulatory issues and could jeopardize federal broadband funding, so he voluntarily deferred it; HB 920 was also voluntarily deferred.
Finally, the committee considered HB 1221, by Rep. Amadee, which would narrow data collection under the surplus lines premium tax system to protect policyholder privacy. Former Rep. Bowler argued the department should not collect names, addresses, or coverage limits and that the bill would preserve privacy without affecting tax collection. The Department of Insurance said the broader data is needed for premium tax reconciliation, fraud detection, and post-disaster assistance. After debate, a motion to report HB 1221 favorably failed on a 6-6 roll call. The committee then moved on to HB 869 by Rep. Lyons, a health insurance bill covering injectable drugs for glucose or weight-loss treatment, but the transcript ends before further action on that measure.
UT
Utah 2025 Regular Session
Natural Resources, Agriculture, and Environment Interim Committee - November 19, 2025
Natural Resources, Agriculture, and Environment Interim Committee
Transcript Highlights:
- This is a committee bill file that the committee heard in September.
- This is also a committee bill file, the State Weed Committee Amendments.
- This bill was also opened as a committee bill file.
- Industrial water rate schedules across all customer classes, about 1,075 of them.
- You couldn't ask for a better staff, and they keep you a nice rate. They do.
TX
Transcript Highlights:
- I think condemnation rate is super low.
- You just file a motion. Hey, I like my attorney fees.
- I don't see why attorneys should have to file a motion on abatement.
- And then obviously the rates have increased significantly over time.
- Now he's, you know, whatever his tax rate is, he's now having to pay it on $3.15.
Summary:
The committee first took up House Bill 5695, which would create the Sayers Ranch Municipal Utility District in Bastrop County between Elgin and Bastrop. Representative Gurdis said Bastrop County commissioners unanimously supported the district. There was no public testimony, the bill was left pending, and later reported favorably to the full House on an 8-0 vote.
The main debate centered on Senate Bill 291, which would require condemning entities to pay landowner attorney’s fees if they fail to provide 10 years of appraisal reports with an initial offer in an eminent domain case. Supporters, including Rita Beving and Charles Maley, argued the bill would add an enforcement mechanism and better protect landowners in a process they described as intimidating and lopsided. Opponents, including Tom Zabel and Lisa Kaufman, said current law already provides a remedy through abatement and attorney’s fees under Section 21.047 of the Property Code, and warned the bill could create inconsistency, delay public infrastructure projects, and increase costs. The bill was left pending.
The committee also heard House Bill 5699, a simple MUD boundary change in Harris County Municipal Utility District No. 405 that would allow a tract to leave one district and join another. Representative Schofield said the landowner and district agreed to the change and to pay the tract’s share of debt. The committee substitute was adopted and the bill was reported favorably on an 8-0 vote.
Later, the committee considered House Bill 5489, which would impose a four-year moratorium on impact fees. Representative Dyson framed it as an “active study” to test whether impact fees raise housing costs. College Station officials and other opponents argued impact fees help fund infrastructure for growth and that local governments should retain control; supporters said the fees are regressive and add to housing prices. The bill was left pending. The committee then heard Senate Bill 292, which would update the Landowner Bill of Rights to add information on surveys, require separate offers for property not sought in condemnation, and require the rights document to be delivered with the initial offer. Supporters said it would improve transparency and fill gaps in the current document, while opponents said it was unnecessary because the law already exists and warned against revisiting a 2021 compromise. The transcript ends during that discussion.
NH
New Hampshire 2026 Regular Session
House Health, Human Services and Elderly Affairs (02/25/2026)
Health, Human Services and Elderly Affairs
Transcript Highlights:
- problem rate goes above 5%. problem rate goes above 5%.
- error rate exceeds 6%. error rate exceeds 6%.
- the error rate is. the error rate is. Follow<05:00:04.080>
up. - proven ways to lower that error rate. proven ways to lower that error rate.
- the ripple effect of that impacts to the error rate if our error rate increases.
MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 3/19/25
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- your bill it changes that premium rate your bill it changes that premium rate break<00:28:33.279
- <00:36:48.800>
510 state invests in house file 510 state invests in house file 510 Enterprise - House File 2238 will be laid over for further consideration. Thank you. Next up, House File 108.
- Again, House File 108, to your bill.
- house file house file 1577<01:17:26.760>
the <01:17:26.920>Justice <01:17:27.320>
WY
Wyoming 2026 Regular Session
Senate Transportation, Highways & Military Affairs Committee, February 10, 2026
Transportation, Highways & Military Affairs
Transcript Highlights:
- Uh, we'll tackle Senate File 11, burials of indigent veterans, amendments.
- The referral bonus, which is Senate File 13, really leverages that for us.
- So anyhow, we'll begin with Senate File 12.
- get after that increased attrition rate. get after that increased attrition rate.
- This is a roll call vote for Senate File 12 as amended.
Bills:
HB0032
Keywords:
English proficiency, commercial drivers, vehicle operation, traffic safety, penalties, 916, all
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Apr 1st, 2025
Transcript Highlights:
- The CalVet Home Loan Program helps veterans purchase market-rate homes and is over 100 years old.
- We were able to maintain four and five star ratings all throughout COVID, so the quality of people that
- And that was at the tune of about over 300,000 claims filed, um, you know, and another component with
- I mean, and you go to a county Marin service officer, you know, they're going to file your claim.
- The combined tax rate can be extremely high. The average is about 30-35%.
MO
Transcript Highlights:
- The details of the large load customer rate plan, which was established to ensure that those rates remain
- And that does put downward pressure on rates for everybody else.
- And I'm going to talk specifically about electric rates and the impact of data centers on electric rates
- We expect rate cases to be filed this year by several utilities, double-digit increases.
- You're already being blamed for their rates going up. Some of them have seen small rate increases.
CA
California 2025-2026 Regular Session
Senate Local Government Committee Apr 22nd, 2026
Local Government
Transcript Highlights:
- Those are file item 8, SB 1205; file item 9, SB 1274; file item 11, SB 1055; file item 15, SB 1170; and
- , file item 9, SB 1274, file item 11, SB 1055, file item 15, SB 1170.
- The consent calendar consists of file item 8, SB 1205; file item 9, SB 1274; file item 11, SB 1055; file
- File item 9, SB 1274; file item 11, SB 1055; file item 15, SB 1170; file item 17, SB 1438.
- 1274; file item 11, SB 1055; file item 15, SB 1170; and file item 17, SB 1438.
Summary:
The committee heard several bills focused on wildfire resilience, local land use, and transparency. SB 911 by Senator Becker would require notification to fire agencies when a home in a high fire severity zone is sold with an agreement to bring it into defensible-space compliance; the California Association of Realtors said it would drop opposition if the bill is amended to use the preliminary change of ownership report, and the bill passed 4-0 to Appropriations. SB 994 by Senator Cabaldon would bar local officials from entering nondisclosure agreements that prevent them from sharing information with the actual elected decision-makers of a city or county; supporters framed it as a transparency measure, local-government concerns were raised about personnel/separation agreements, and it passed 4-0 to Appropriations as amended.
SB 1041 by Senator Arreguín would expand access to PACE financing for wildfire home-hardening improvements and add consumer protections, hardship relief, and reporting requirements. Supporters, including Renew Financial and Cal Fire Local 2881, argued it would help homeowners finance roofs, vents, and other fire-safety upgrades, while opponents from homeowner advocates, county treasurers, bankers, mortgage lenders, and consumer groups warned about abusive sales practices, high costs, liens surviving fire or bankruptcy, and risks to vulnerable homeowners. After extensive debate, the bill passed 3-2 to Appropriations as amended and remained on call.
SB 1075 by Senator Reyes would require local governments in AB 617 communities to consider air-quality impacts and related emissions-reduction plans when approving certain commercial and industrial land uses. Environmental justice groups supported the bill as a way to make AB 617 implementation more meaningful, while the Chamber of Commerce, counties, cities, planners, builders, and several industry groups opposed it as duplicative of CEQA, a litigation risk, and a barrier to investment and jobs. The committee approved it 3-2 to Appropriations as amended, also on call. SB 958 by Senator Atkins would facilitate the Midway Rising redevelopment project in San Diego, shifting from a CEQA exemption to prospective guidance on height-related impacts; supporters said it would deliver thousands of homes, including affordable units, and the bill passed 3-0 to Appropriations, remaining on call. The committee also discussed SB 1182 by Senator Allen, which would require local governments to consider insurance availability in safety planning for development in fire-prone areas; the discussion centered on whether insurance access should be part of land-use decisions, but no vote was taken in the portion provided.
MN
Minnesota 2025 1st Special Session
House Fraud Prevention and State Agency Oversight Policy Committee 4/7/25
Fraud Prevention and State Agency Oversight Policy
Transcript Highlights:
- >
expansions, <00:18:56.640>and rate increases, service expansions, and rate increases, - <01:23:01.440>
a contact employers when somebody files a contact employers when somebody files - Um that's fraud rates in the country.
- overpayment to the applicant's file. overpayment to the applicant's file.
- So we can be fraud rates in the country.
FL
Transcript Highlights:
- Our last picture shows our long-term growth rates.
- And in my mind, the starting point is the rollback rate.
- Now, the rollback rate is a millage rate that provides the same ad valorem revenue on the same stock
- , proposed millage rates, current-year rollback rate, and where they're going to hold the tentative budget
- Non-school millage rates have gone down.
Summary:
The Senate Committee on Finance and Tax met for its first meeting of the session, with a quorum present and several members excused. Chair Avila opened by framing the committee’s main focus as property tax relief and housing affordability, noting the complexity of any changes to Florida’s long-standing property tax structure and emphasizing the need to preserve funding for schools and local public safety. He also introduced new committee staff member Tamisha Black and thanked staff for summer work supporting analysis of potential proposals, including constitutional amendment concepts and other property tax relief ideas.
Staff director Azar Khan then presented an update on the General Revenue forecast, explaining that collections remained above estimate but at a slower pace than the prior year, with recent economic indicators slightly weaker than earlier forecasts. He said the new forecast mostly reflected modest adjustments, with a notable share of the increase coming from earnings on investment rather than the usual drivers such as sales tax or corporate income tax. Khan also gave a detailed presentation on ad valorem millages, explaining the different millage types used by school districts, counties, municipalities, special districts, and water management districts; the rollback rate; TRIM notice and hearing timelines; voting thresholds for adopting higher millages; and long-term trends showing millage rates declining over time even as total taxes levied have increased.
Members used the presentations to discuss property tax relief options and the relationship between local property taxes and state revenue. President Passidomo praised staff and Senator Bernard’s summer work on proposals. President Gaetz asked about converting homestead property tax revenue to sales tax and was told the rough equivalent could be around a 2.8-cent sales tax increase, though with important behavioral and distributional caveats. Senator Rouson asked about the decline in corporate income tax estimates, and Khan said it likely reflected changes in national corporate profit expectations and collection patterns, promising a follow-up. The Department of Revenue’s Lizette Kelly confirmed that TRIM data, including adopted millages, rollback rates, and maximum millage calculations, are collected by jurisdiction and can be provided to the committee. No bills were taken up and no votes occurred beyond adjournment, which was adopted by motion.
MN
Minnesota 2025 1st Special Session
House Commerce Finance and Policy Committee 2/12/25
Commerce Finance and Policy
Transcript Highlights:
- We also review forms and rate filings to ensure the product offerings are fair and reasonable, and the
- So the carriers file the rates and then use them, and then we go back and kind of flag things that look
- We also review forms and rate filings to ensure the product offerings are fair and reasonable, and the
- So the carriers file the rates and then use them, and then we go back and kind of flag things that look
- We look at rates.