Video & Transcript Research : 'rate decoupling'

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Transcript Highlights:
  • Representative, just to clarify, Is this the tax rate?
  • Freezing the tax rate is that what that would do? It's freezing the avalloum.
  • House Bill 3781 is a change in the way Insurance rates are filed.
  • We the insurance companies use the higher rate before they file it. And this would change it.
  • Put a little sunlight on it and make the insurance companies file the Rate first, wait 60 days before
FL

Florida 2026 Regular Session

Finance and Tax Feb 25th, 2026

Finance and Tax

Transcript Highlights:
  • advance net zero policies, and advancing, administering, or enforcing a program that functions as a rate
  • bill requires that governments that did not levy a millage in the prior year or establish a millage rate
  • In section seven there is some language about the adoption of millage and setting millage rates, and
  • this is in regard to an MST being at a rate of zero.
  • And lastly, the Revenue Estimating Conference would review the bill and rate the impact of this bill
Keywords: 999, senate, all
FL

Florida 2025 Regular Session

March 11, 2025 - 08:00 AM

Transcript Highlights:
  • pull their wrists together so that they're grouped into a group policy, so it lowers the costs and rates
  • as I join you, the difference between my option under the ACA versus what you have to offer is decoupling
  • that these risk poolings are common across the country and help organizations get better insurance rates
  • Representative Joseph continued that it is important to focus on ways to decouple access to health care
  • And I also think it's important for us to focus on ways to decouple access to health care from employment
Summary: The Health Care Facilities and Systems Subcommittee met with a quorum present and took up five bills. The first, CS/HB 1119 on pediatric readiness in hospital emergency departments, would require hospitals with ERs to adopt evidence-based pediatric care policies, train staff, designate a pediatric emergency care coordinator, complete the National Pediatric Readiness Assessment, and meet minimum equipment and planning standards. Members discussed transport to the closest appropriate facility and implementation concerns, but the bill passed 16-0. The committee then approved HB 677, which would add standard fertility preservation services to the state group insurance program for employees undergoing chemotherapy, and CSHB 497, which would authorize nonprofit agricultural organization medical benefit plans for Florida Farm Bureau members, aimed at improving affordable coverage for farmers and ranchers. HB 677 passed 16-0, and CSHB 497 passed 18-0 after questions about membership, regulation, disclosures, and how the plan would compare with ACA coverage. The subcommittee also approved PCS/HB 791 on surrendered newborn infants, allowing infant safety devices at hospitals, EMS stations, and fire stations as an alternative safe-haven option. Members discussed alarms, unmanned stations, and whether churches should be included; the bill passed 18-0. Finally, HB 1529 on home health aides for medically fragile children was amended and passed 18-0. The bill seeks a federal waiver so compensation for parents serving as home health aides does not count against Medicaid eligibility, and the amendments added reporting of adverse incidents, set work-hour limits, and protected certain other benefits. The chair closed by emphasizing the committee’s role in implementation oversight and fixing problems after enactment.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Monday, March 10, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • continue to enhance its already impressive prelaw program, which boasts an 87% law school acceptance rate
  • continue to enhance its already impressive prelaw program, which boasts an 87% law school acceptance rate
  • Green: I rise to urge the adoption of H.R. 1166, Decoupling from Foreign Adversarial Battery Dependency
  • Over others around the world, we must decouple from the C.C.P., including battery technology.
  • H.R. 1166 helps our nation take a step forward to decouple from the P.R.C. and save supply chains from
CA

California 2025-2026 Regular Session

Joint Committee on the Arts May 14th, 2026

Joint Committee on the Arts

Transcript Highlights:
  • the research pointed to three more future forces around affordability, particularly around the decoupling
  • day, we need to make sure that faux library exists in Los Angeles and prop houses are closing at a rate
  • In Los Angeles, prop houses are closing at a rate that we have not seen.
  • We dare see... ...84 were enrolled in college or vocational training, with a recidivism rate of less
  • Please give our budget request. ...23% completion rate.
Summary: The Joint Committee on the Arts held an informational hearing on California’s first sector-specific creative economy strategic plan, “California’s Future Is Creative,” developed under AB 127 and related legislation. Chair Allen framed the plan as a response to California’s large but vulnerable creative economy, citing workforce losses, federal funding headwinds, and the need to support artists, cultural organizations, public media, museums, cultural districts, and film/TV production. He also highlighted budget asks including support for California Humanities, museums, public media, cultural districts, a post-production incentive proposal (AB 2319), and funding to implement the strategic plan. California Arts Council Director Danielle Brazel, Institute for the Future’s Rachel Hatch, CDE’s Allison Frenzel, and CWDB’s Michael Weoff described the planning process, which included a 30-plus-member work group, interagency coordination, and a phased approach from framework development to implementation and evaluation. They identified major forces shaping the sector over the next decade, including AI, climate disruption, affordability, access to capital, and social cohesion, and outlined six action areas: workforce preparation, business stabilization, cultural identity/tourism, cross-sector incentives, ROI/data tracking, and state capacity/infrastructure. Members and panelists repeatedly emphasized that the plan must be resourced and integrated across agencies rather than left siloed. A second panel of practitioners and advocates focused on workforce pathways and local implementation. Ricarlo Handy described the Handy Foundation’s registered apprenticeship pipeline into film and TV jobs and argued that current data systems undercount gig, 1099, and LLC-based creative work. Joanna Reynolds discussed Arts for LA’s Creative Jobs Collective, which aims to create 10,000 living-wage creative jobs in Los Angeles County by 2030, while Alejandro Gutierrez Chavez urged embedding artists in health, aging, and behavioral health systems as community problem-solvers. Roxanne Messina Kaptur spoke about the need to normalize arts careers and expand residency and school-based models. Senator Rubio, who joined later, shared her own arts and teaching background, supported arts access in schools and small theaters, and raised concerns about AI, asking how schools and educators can adapt. In the final panel, Rebecca Ratzkin reported on 26 statewide town halls with more than 1,100 attendees, which confirmed support for the plan but also highlighted needs for better information access, new financial models, stronger definitions and data, and more partnerships. Julie Baker of California for the Arts and California Arts Advocates urged sustained public funding, saying the plan is actionable only if the Legislature and administration provide resources, including increased California Arts Council funding and support for implementation. No formal votes were taken; the hearing was informational and concluded with calls for continued legislative and cross-agency collaboration.
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Feb 17th, 2026 at 08:07 am

House Appropriations & Finance

Transcript Highlights:
  • similar to the rates that urban customers pay.
  • And that's why you've seen us move up to a 90% access rate.
  • They were looking for 2.5 million for rate increases. Mr.
  • Not the—I need to look on the reimbursement rate itself. Mr.
  • If we had not passed a bill last year to increase rates, royalty rates on the greatest, on the best land
Bills: HB2, SB152
LA

Louisiana 2026 Regular Session

Ways and Means Apr 27th, 2026

Ways & Means

Transcript Highlights:
  • The problem that has happened is that the PSC basically approves these rates on the investment, and it's
  • Would there be a long-term fiscal capacity to subsidize high utility rates through the tax code, right
  • It was deemed a fair rate and investment by the PSC.
  • Private water companies, and the rates are set by PSC.
  • And the bill says that if the rates are high, then the state's going to subsidize the rate payer, right
Bills: HR118, HB1039, SB436, SB442
Summary: Yes. This appears to be a meeting of the House Ways and Means Committee, based on the chairman’s roll call, the committee’s tax-related agenda, and the motions to report bills favorably. The committee first announced that SB 436 by Senator Cloud was deferred. It then heard SB 442 by Senator Stein, which would extend and clarify a local sales and use tax exemption in Calcasieu Parish for repairs, upgrades, and overhauls of certain aircraft at qualifying facilities like Chennault. Testimony from Citadel Completions emphasized the bill’s economic-development purpose, competitiveness with other states, and job retention/expansion in Southwest Louisiana. Representative Orgeron moved favorable passage, and the bill was reported favorably without objection. The committee next considered HR 118 by Representative Wright, which would create a legislative subcommittee to study a possible state income tax credit for certain water utility customers affected by high rates tied to private water system upgrades and brown-water/manganese issues in parts of the Florida parishes and elsewhere. Members questioned the fiscal impact, eligibility, and whether the proposal would merely be a Band-Aid or a fair way to offset costs; Wright said it was only a study and not an automatic trigger for a tax credit. Representative Jackson moved to report the resolution favorably, and it was adopted without objection. Finally, HB 1039 by Representative Desotel was not presented and was held in committee. The committee then adjourned.
MN

Minnesota 2025-2026 Regular Session

House Judiciary Finance and Civil Law Committee 2/26/26

Judiciary Finance and Civil Law

Transcript Highlights:
  • Rents and capitalization rates are, in a rental situation or income, very important in trying to develop
  • you you um get the capitalization rate you you um get the capitalization rate from<00:43:18.480>
  • <00:43:39.760> are Um rents and capitalization rates are Um rents and capitalization rates
  • <00:43:44.800> are<00:43:45.040> very income and capitalization rates are very income
  • and capitalization rates are very very<00:43:45.599> important<00:43:46.079> in<00:43:
Bills: HF3676, HF2959, HF3233
AZ

Arizona 2026 Regular Session

02/18/2026 - House Appropriations

Appropriations

Transcript Highlights:
  • Flat rate—you know, every city pays into that—and then it's worked reasonably well.
  • And more importantly, if they ever have a claim, that rate will not go up. Thank you, Mr. Chair.
  • We have high graduation rates. That's not good.
  • The vacancy rates are over 400 in the troopers. It's over 400 in corrections.
  • The vacancy rates are over 400 in the troopers. It's over 400 in corrections.
Summary: The committee heard several appropriations and policy bills, with testimony often focused on public safety, education, and procurement. HB 263 would appropriate $1.5 million in FY2027 to the Independent Correctional Oversight Office; the sponsor and supportive testimony argued the office is needed to address serious problems in the corrections system, and the bill received a due pass recommendation, 17-1. HB 2993, as amended, would allow DPS to spend on legal services independent of the Attorney General and redirect $5 million from the Consumer Protection/Consumer Fraud Revolving Fund to the Gang and Immigration Intelligence Team Enforcement Mission Fund; the Speaker framed it as supporting law enforcement and public safety, and it passed 17-0. HB 2271 dealt with firefighter cancer coverage and insurance rates. The bill would allow an insurer covering firefighters and fire investigators to file a uniform rate deviation only if it is not reimbursed by the municipal firefighter cancer reimbursement fund. Testimony described the measure as a temporary shell pending a broader consensus agreement to bring fire districts into the reimbursement system; members stressed that firefighters should not see changes in claim handling, but several said the bill still needed work. It received a due pass recommendation on a 16-1-1 vote. HB 2416 would appropriate $20 million to DPS for local border support, including law enforcement positions, prosecution and detention costs, and equipment; sheriffs and the Arizona Sheriffs Association supported it as a continuation of existing funding for drug interdiction and border-related crime, and it passed 11-6-1. The committee also advanced HB 2692, which revises public construction procurement rules and authorizes progressive design-build and one-step competition for certain federally funded projects. Construction and procurement stakeholders said the bill was the product of a long consensus process, while some members worried about taxpayer impacts and the move away from standard procurement; it passed 10-7-1. HB 2478, as amended, creates the Arizona Commission on Student Outcomes to study K-12 accountability, standards, graduation requirements, early childhood education, and a trade pathways diploma, funded by Classroom Site Fund dollars; members debated whether the work should instead be done by ADE or the State Board, and the bill passed 11-7. The committee also heard HB 4044, which would create a Public Safety Parity Fund to support DPS and corrections salaries using investment earnings from the Budget Stabilization Fund and proceeds from forfeited digital assets; the sponsor and a troopers association witness argued it would provide a stable long-term funding source to address chronic vacancies and pay gaps.
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 03/19/25

Taxes

Transcript Highlights:
  • This will just set it at a fixed rate.
  • So with that, let's look at lowering the statewide sales tax rate.
  • So with that, let's look at lowering the statewide sales tax rate.
  • It's related to the sales tax rate, and because we're changing the sales tax rate, but we're not changing
  • <00:36:38.520> and it's related to the sales tax rate and it's related to the sales tax rate
Keywords: 1187, senate, all
CA
Transcript Highlights:
  • , and we have two of them, both the standard reimbursement rate and the regional market rate, and the
  • under the single rate structure.
  • under the single rate structure.
  • So it would be up to the single rate structure to decide how that estimate translates to a rate.
  • the regional market rate.
Summary: The committee heard an extensive Department of Social Services presentation on child care budget issues, including the Governor’s proposed 2026-27 budget, federal CCDF changes, Prop. 64 revenue adjustments, and a one-time $11.5 million disaster-related infrastructure grant for licensed child care facilities affected by 2025 declared disasters. DSS said federal formula updates and lower Prop. 64 revenues would reduce funding and could result in about 4,176 CCTR slots being reduced, but the department said it was working to avoid impacts to currently enrolled children. The LAO supported aligning general child care funding with lower revenues and asked for more detail on the disaster grant. Members pressed DSS and Finance on why reductions were not being backfilled and why so many awarded slots remain uncontracted or unused; DSS said delays are largely due to providers building new infrastructure, licensing, staffing, and enrollment challenges, and that some unspent funds revert to the General Fund. The committee also discussed whether some contract dollars should be shifted to vouchers and whether more flexibility should be allowed for infrastructure and expansion costs. A second panel focused on the state’s commitment to expand child care and on rate reform. DSS reported that nearly 125,000 new slots have been awarded since 2021-22, but speakers from Stanislaus County Office of Education, Parent Voices California, and the California Budget and Policy Center argued that unmet need remains large and that the system still leaves many families without access. Stanislaus County described a large local shortage of infant and toddler care and said reimbursement disparities between child care programs and state preschool create disincentives for providers. Parent Voices gave testimony about the burdens and instability families face when trying to access care, especially for survivors and low-income parents, and called for a universal, publicly funded system. The Budget Center said only about 16% of eligible children were enrolled in 2024, urged expansion across the mixed delivery system rather than concentrating investment in TK, and called for faster rate reform and new revenue. LAO estimated that bringing certain CCTR adjustment factors up to CSPP levels would cost $88 million to $131 million ongoing. Members and witnesses discussed the single rate structure, automation needs, and the need for deadlines and a ramp-up plan; DSS said the goal is to eliminate disparities, but that policy decisions are still needed before automation can proceed. The committee then reviewed several trailer bill proposals. DSS outlined a 2026-27 COLA proposal that would apply a 2.41% increase through cost-of-care-plus payments, though the department said it had inadvertently excluded CalWORKs Child Care and the Emergency Child Care Bridge Program and would revise the proposal; LAO recommended making the COLA methodology uniform across programs. DSS also proposed replacing the market rate survey with the federally approved alternative methodology on a triennial schedule, limiting temporary absences in family child care homes to 20% of monthly hours, defining excessive unexplained absences as more than 30 days in a year, and aligning family fee deductions with new federal requirements so providers receive the full voucher value. Members generally supported the temporary absence change and asked about implementation timing for the family fee deduction, with DSS saying it was in contact with Riverside County. The committee also heard a brief update on the Early Childhood Policy Council reappropriation, which would extend unused funds through June 30, 2028 because prior costs came in higher than expected.
MN

Minnesota 2025-2026 Regular Session

Senate Floor Session - 02/24/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • Rule 40, removing language or references to peacetime, public health emergency, and COVID, and decoupling
  • 14.519> uh public health emergency and covid and uh public health emergency and covid and uh decoupling
  • 14:16.720> hold<00:14:16.920> on<00:14:17.160> one moment<00:14:21.800> decoupling
  • perum<00:14:23.160> pum<00:14:23.680> from<00:14:23.959> remote moment decoupling
  • perum pum from remote moment decoupling perum pum from remote voting<00:14:26.120> excuse<00:
Keywords: 1187, senate, all
FL

Florida 2026 5th Special Session

Finance and Tax Feb 25th, 2026

Transcript Highlights:
  • for the first time... ...or are establishing a millage rate for the first time must meet the following
  • for the first time, or are establishing a millage rate for the first time that they need to meet the
  • And local effort: if your millage rate was higher, you got more of a share.
  • is in regards to an MSTU being at a rate of zero and hoping to...
  • This proposed bill modifies or decouples from the Internal Revenue Code in the following ways.
Summary: The Finance and Tax Committee met with a quorum present and took up two bills. The first, SPB 7046, was the Senate tax package. It included changes to Live Local property tax opt-outs, charter school distributions from voter-approved property tax levies, RV park special assessments, fiscally constrained county funding, a permanent sales tax exemption for small propane tanks, a hunting/fishing/camping sales tax holiday, and provisions barring governmental net zero policies. An amendment made the charter-school distribution change prospective starting July 1, 2026. Committee discussion focused heavily on whether the charter-school language would divert money from traditional public schools and on the fiscal-constrained county formula. The bill was reported favorably as a committee bill after a roll call vote, with Senators Bernard and Jones voting no. The committee also considered SPB 7048, which updates Florida’s conformity to the Internal Revenue Code as of January 1, 2026 and partially decouples from federal tax changes in the One Big Beautiful Bill Act. The bill addresses bonus depreciation, research and experimental expenses, business meal deductions, and the business interest deduction, with the Revenue Estimating Conference expected to review the fiscal impact later in the week. The Florida Chamber testified that the bill should better align with federal tax relief and reduce administrative burdens, while senators emphasized the need to balance business tax relief with state revenue constraints. SPB 7048 was also reported favorably as a committee bill by roll call vote.
TX

Texas 89th Regular

Senate Session Apr 3rd, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • Current law allows a taxing unit to levy an INS tax rate in addition to an M&O tax rate.
  • However, we do not have the same restrictions on tax increases for INS rates as we do on M&O rates.
  • : state what the minimum INS tax rate would be, state the proposed rate, state the difference between
  • Senate Bill 1453, relating to the current debt rate and tax rate of a taxing unit for ad valorem tax
  • and the use of that rate in calculating certain other ad valorem tax rates, to Local Government.
Summary: The Senate convened with a quorum present, heard an invocation, and approved the previous day’s journal. The chamber then adopted Senate Resolution 358 honoring the University of Texas Rio Grande Valley on its 10th anniversary, with senators highlighting the university’s growth, medical school, research expansion, and role in serving South Texas. The Senate also adopted Senate Resolution 368 honoring outgoing Texas A&M University System Chancellor John Sharp, with numerous senators praising his long public career, leadership in higher education, and statewide impact. Senate Resolution 361 recognizing Texas HBCU Day and Senate Resolution 362 recognizing Denton County Days at the Capitol were also adopted, along with other routine recognitions and gubernatorial appointments being read into the record. The Senate then took up several bills. Committee Substitute Senate Bill 27, relating to rights and support for public school educators, was debated and amended to shorten vacancy posting requirements, allow bilingual certification candidates to retake only failed test sections, give teachers more flexibility with paid leave, clarify classroom removal procedures, and ensure parents are informed of appeal rights. The bill passed to engrossment, the three-day rule was suspended, and it was finally passed unanimously. Senate Joint Resolution 12, proposing a constitutional amendment to establish a parent’s right to direct a child’s education, was also brought up and passed to engrossment after a contested suspension vote. The Senate next passed Committee Substitute Senate Bill 1741, which would require reporting of foreign funding at public universities, bar gifts from adversarial governments, and require training and reporting systems to prevent foreign influence and intellectual property theft in higher education. Committee Substitute Senate Bill 29, the so-called “Dexit” bill, was debated at length for its corporate governance changes, including codifying the business judgment rule and altering internal corporate litigation and records rules; it passed to engrossment, the three-day rule was suspended, and it was finally passed by a 30-1 vote. Senate Bill 857, allowing law enforcement discretion to tow vehicles driven by unlicensed or uninsured drivers, passed after discussion of towing abuses during flooding and disaster conditions. Committee Substitute Senate Bill 1536, requiring dementia and Alzheimer’s training for certain guardians, passed with broad support, and Senate Bill 922, addressing delayed electronic disclosure of sensitive medical test results so physicians can discuss them first, was taken up and passed to engrossment as the chamber continued through its calendar.
FL

Florida 2026 5th Special Session

FL House Floor Session - 2025-04-25 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • So the local government could lower the millage rates.
  • So the local government could lower the millage rates.
  • The HIV rates, the STD rates in Florida are higher, the highest they've ever been since 2008.
  • My question has to do with the decoupling.
  • I don't know that straight decoupling is the right answer.
Summary: The House opened with prayer, a moment of silence for fallen Oviedo Officer Jimmy Serrano-Torres, the Pledge of Allegiance, and recognition of Chief Joseph Tuminelli as law enforcement officer of the day. The Rules and Ethics Committee report setting the special order calendar was adopted, and the Speaker announced schedule changes for the following week, including canceling the floor session on Monday and starting Tuesday at 10:30 a.m. The main floor action centered on CS/HB 7033, the House tax package. Sponsor Rep. Duggan described broad tax changes, including reducing the state sales tax rate from 6% to 5.25%, exempting certain bullion sales, repealing the aviation fuel tax, delaying the natural gas fuel tax, changing corporate income tax treatment for charitable trusts, reducing the pari-mutuel tax on card rooms, and major changes to tourist development tax (TDT) use. The bill would redirect most TDT revenue toward property tax relief, dissolve tourist development councils, and include related property tax and local tax administration changes. Several amendments were debated: a Driscoll amendment to preserve local TDT flexibility failed; Duggan’s amendment giving local governments 25% discretion over TDT revenues was adopted; Eskamani’s combined-reporting amendment failed; and a Duggan amendment requiring audit certification of compliance with the TDT/property tax relief provisions was adopted. After debate, CS/HB 7033 passed 78-29. The House then took up CS/CS/HB 1221 on local option taxes, which was presented as a companion-style measure to give local governments more flexibility while redirecting TDT revenues toward property tax relief. Supporters argued the bill would provide immediate relief to property owners and restore accountability in local tax use, while opponents warned it would undermine tourism funding, infrastructure, and local services. An amendment allowing local governments to retain 25% of TDT revenues for general purposes was adopted, and the bill passed 62-45 after floor debate. The final item shown was the reading of CS/CS/HJR 1257, a proposed constitutional amendment related to property tax exemptions and assessment limits, but the transcript cuts off before debate or action on that measure.
FL

Florida 2026 Regular Session

FL House Floor Session - 2025-04-25 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • So the local government could lower the millage rates.
  • The HIV rates, the STD rates in Florida, are higher, the highest they've ever been since 2008.
  • My question has to do with the decoupling.
  • Except in the case of decoupling, that business made that agreement.
  • I don't know that straight decoupling is the right answer.
Summary: The House opened with prayer, a moment of silence for fallen Oviedo Officer Jimmy Serrano-Torres, the Pledge of Allegiance, and recognition of Chief Joseph Tuminelli as law enforcement officer of the day. The chamber approved the journal and adopted the special order report, and the Speaker announced a schedule change canceling the floor on Monday and starting Tuesday at 10:30 a.m. The main business was CS for HB 7033, the House tax package, presented by Rep. Duggan. He described a broad set of tax changes, including the previously passed sales tax rate reduction from 6% to 5.25%, exemptions for certain bullion sales, changes to tourist development tax (TDT) use, property tax administration updates, affordable housing-related exemptions, repeal of the aviation fuel tax, delayed natural gas fuel tax implementation, corporate income tax changes, and other provisions. Debate focused heavily on the TDT section and the bill’s property tax relief structure. Amendments to preserve local flexibility or remove the TDT restrictions were offered and debated; one Duggan amendment was adopted to allow local governments to keep 25% of TDT revenues for general use while directing 75% to property tax relief, and another amendment requiring audit certification of compliance was also adopted. A combined reporting amendment offered by Rep. Eskamani to close corporate tax loopholes was debated at length but failed. On final passage, supporters argued the bill provides immediate, permanent tax relief and affordability help, while opponents said it diverts tourism dollars away from local needs and could harm tourism-dependent counties and services. CS for HB 7033 passed the House 78-29. The chamber then took up CS for CS for HB 1221 on local option taxes, which would give local governments more control over certain local taxes and, as presented, redirect TDT revenues toward property tax relief with some local flexibility. After questions and amendments, including a Miller amendment allowing 25% of TDT revenue for general purposes and another accountability amendment, the bill moved to final debate. Members split sharply: supporters framed it as immediate tax relief and local accountability, while opponents warned it would undermine tourism marketing, infrastructure, and county budgets. The transcript ends during closing debate on HB 1221, before final passage is recorded.
FL

Florida 2025 Regular Session

February 4, 2025 - 12:30 PM

Transcript Highlights:
  • One of the issues has been a lot of denials and a higher rate, possibly a higher rate of denial than
  • It helps with rate need.
  • So when I said before what our rate need is, our rate need is what we need to charge to be actuarially
  • I've approved in 2024, I approved over 70 rate, zero percent rate increases or decreases for this marketplace
  • proposing sweeping rate decreases.
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 May 4th, 2026

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • And is this truly going to give us rate review for every rate change on property insurance in our state
  • With this new system, they will effectively have to file those rates with the insurance commissioner,
  • And so... ...do anything to push back on those rates.
  • , scrutinize rates... ...has much more ability to be able to look into rates, scrutinize rates, potentially
  • Because I see that we're inserting a 70% pass rate. What is the current passing score?
Summary: The Senate convened with prayer, the Pledge of Allegiance, and a special family recitation of the Declaration of Independence by Senator Hamilton’s children. The chamber then adopted SR 28, recognizing May as Alpha-Gal Awareness and Prevention Month in Oklahoma and encouraging awareness, prevention, and research on alpha-gal syndrome, a tick-borne allergic condition. Senator Seifried also introduced constituents affected by alpha-gal. Later, the Senate heard a gallery introduction from advocates for victims of impaired driving, highlighting the toll of DUI-related crashes in Oklahoma. The Senate then took up several House amendments and final-passage votes on bills. SB 201, clarifying that a teacher pay raise applies to certified classroom teachers, passed 47-0 and was advanced as an emergency. SB 1379, SB 1525, SB 1966, SB 2112, and SB 2170 also passed after adoption of House amendments, with SB 1525 and SB 1379 advanced as emergency measures. SB 1525 raised the threshold for contracting to host a conference from $25,000 to $75,000, and SB 1966 served as the annual omnibus highway, memorial highway, and bridge designation bill. Among the House bills considered, HB 3262 increased the sheriff fee for service of process from $50 to $100 and passed 37-8. HB 3265 allowed a psychologist to make PTSD determinations for the Oklahoma Police Pension and Retirement System and passed 47-0. HB 3781, a major insurance modernization bill changing rate-filing procedures for homeowners insurance and expanding the insurance commissioner’s review authority, passed 39-6 after extended debate over transparency, regulation, and market impact. HB 3040 expanded sex-offender loitering restrictions around businesses serving minors and passed 40-4, while HB 3076 authorized alternative teacher certification providers under OEQA oversight and passed 38-6 as an emergency measure. The chamber also passed HB 3369, a deregulation and efficiency bill affecting fire suppression and LP gas inspections, HB 2749, which shifted an intergenerational education program toward a Medicaid state plan amendment, HB 3982 on fleet vehicle titling, HB 3462 creating a shorter residential-only plumbing licensure pathway, HB 3465 extending the Oklahoma Emission Reduction Technology Rebate Program to 2029, HB 3521 modernizing money transmission law, HB 3796 as an Oklahoma Insurance Department omnibus bill, HB 3800 as a roofing-industry cleanup bill, and HB 4095 modernizing the 211 hotline advisory council. Several of these measures drew debate over regulation, workforce needs, public safety, or fiscal and policy impacts, but all of the listed bills ultimately passed by recorded vote.
MN

Minnesota 2025-2026 Regular Session

Conference Committee on HF2431 5/13/25

Transcript Highlights:
  • It's not decoupled from that. Thank you, Chair Eric. Thank you.
  • It's not decoupled from that. Thank you, Chair Eric. Thank you.
  • It's not decoupled from Cities campus.
  • We preserved the 71% rate for independence with dependence and the 35% rate for independence without
  • We preserved the 71% rate for independence with dependence and the 35% rate for independence without
Keywords: 919, house, all
Summary: The Higher Education Conference Committee reviewed differences among the Governor’s, House, and Senate proposals for state grant parameter changes and their effects on state grant spending, North Star Promise spending, and average student awards. Nonpartisan staff explained that the proposals use different combinations of parameter changes, with the Governor’s and Senate plans modeled to avoid or minimize rationing, while the House plan would require rationing to balance the program. Staff reported projected biennium balances of a positive $29.836 million for the Governor’s proposal, a negative $60.758 million for the House proposal without rationing, a positive $994,000 for the House proposal with rationing, and a positive $3.623 million for the Senate proposal; North Star Promise balances also varied, with the Senate showing a positive balance and the Governor and House with rationing showing negative balances. Staff also said the Senate proposal would extend availability of the state grant appropriation and suspend surplus procedures through fiscal year 2029, allowing the balance to carry forward. The committee then focused on the House-only tuition and fee cap provision, which would limit the tuition recognized for state grant purposes for four-year programs to the University of Minnesota Twin Cities level, with 1% annual increases in fiscal years 2026 and 2027. House members said the cap was intended to address rising tuition, especially at the University of Minnesota, and to produce savings in the state grant program. The governor’s office confirmed the provision was not included in the Governor’s bill. Representatives from the University of Minnesota and the Minnesota Private College Council opposed the cap, arguing it would reduce awards for low-income students and shift costs to students rather than address underlying tuition pressures; they also said it could discourage enrollment at higher-cost institutions. Supporters from Minnesota State argued the cap would improve fairness because students at lower-tuition institutions are effectively capped lower, while students at more expensive institutions receive larger awards, and they said the legislature should intervene in a variable that has grown substantially over time. Committee members questioned how the cap would work and whether it was tied to the Twin Cities campus rate. Testifiers clarified that the state grant formula is tied to the University of Minnesota level, but because Minnesota State institutions are below that level, the cap effectively limits their students to their own lower tuition while allowing higher awards at the University of Minnesota and private colleges. No formal vote or final action was taken in the portion of the meeting provided; the chair indicated the committee would continue with item-by-item review of the remaining parameter changes and hear additional testimony from agencies and institutions.
NM

New Mexico 2026 Regular Session

House - Health and Human Services Feb 7th, 2026 at 09:05 am

House Health & Human Services

Transcript Highlights:
  • Instead, we want to add value by creating a code with unlimited classes at a lower flat rate.
  • It's actually a lower rate that we're seeking.
  • 22 drug classes plus, at a rate of 268 versus what would be considered a $370 rate in the current Medicaid
  • My proposal is to offer a full spectrum of testing with no limitations at a lower rate of $268.
  • And my understanding is that this bill wouldn't necessarily decouple anything.
Keywords: 996, all