Video & Transcript Research : 'rate base'

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AL

Alabama 2025 Regular Session

Alabama House Ways and Means General Fund Committee Apr 9th, 2025

Ways and Means General Fund

Transcript Highlights:
  • retirees a reduced rate premium as far as health insurance.
  • What evidence do you have that this bill presently is based on?
  • So this is not based on where they collected the tax. That’s correct.
  • It's going to be distributed evenly based on population. Okay. Thank you. And we... Population.
  • What rate ... already doing this? What rate? Great question. Uh, about the same. Yeah.
TX

Texas 89th 2nd C.S.

S/C on Workforce Apr 29th, 2025

S/C on Workforce

Transcript Highlights:
  • Not this negotiated rate that's lower than the Social Security Act, but the actual rate itself. ...what
  • Because there is no impairment rating on that.
  • and the tax rate of the home state...
  • To pay the difference between the state's overall tax rate and the tax rate of the home state of that
  • I'm the president of Owner Operator Services based in Plano, Texas.
Summary: The subcommittee heard testimony on a broad agenda of workforce, labor, and workers’ compensation bills. HB 4676 would require political subdivision workers’ compensation networks to follow the same notice, access, and complaint rules as certified TDI networks; supporters said public employees and first responders deserve equal access to care, while municipal risk pool representatives opposed added regulation and said existing 504 networks already perform well. HB 4479 would create a rural workforce development grant program at TWC to support college-and-career readiness and local workforce alignment, and HB 3844 would define “opportunity youth” in state law to improve data, coordination, and access to services for disconnected young Texans; both drew strong support from rural, education, and chamber witnesses. HB 5545 would clarify federal tax treatment for wage-replacement benefits in non-subscriber injury benefit plans, with proponents calling it a win for employers and injured workers. HB 5118 would direct TWC and DIR to study AI and automated employment decision tools in hiring, including bias and oversight concerns. HB 1667 would move existing PTSD workers’ compensation language into a broader Labor Code chapter so more first responders, including state and campus officers, could qualify for benefits; supporters called it a technical fix to extend coverage more evenly across agencies. The committee also heard several first-responder and workers’ compensation bills. HB 2369 would speed up claims handling for injured first responders by allowing a single medical evaluation, giving carriers 60 days to accept or deny a claim, and letting workers seek treatment while disputes proceed; law enforcement supporters said it would help injured officers return to work faster, while opponents warned it would revive extent-of-injury waiver problems and increase litigation. HB 4483 would reclassify certain workers’ compensation maintenance taxes as surcharges to reduce retaliatory taxes imposed by other states on Texas-domiciled carriers, and HB 875, as revised by committee substitute, would create a small-project exception to municipal workers’ compensation and bonding requirements for certain low-value construction contracts in small cities; both were presented as cost-saving measures for Texas employers and local governments. HB 4415 would extend anti-retaliation protections for workers’ compensation claimants from first responders to all public employees and expressly waive sovereign immunity for those claims, with supporters describing it as closing a loophole that leaves public workers without the same remedy available in the private sector. The committee also took testimony on HB 5400, which would expand remedies for sexual harassment victims by removing the requirement to first file an administrative charge, extending the filing deadline from 300 days to two years, clarifying retaliation, and eliminating current damages caps. Supporters, including employment lawyers and a parent of a victim, said the current deadlines and caps prevent many survivors from obtaining counsel or full relief, especially younger workers and those in small workplaces or franchises. Across the agenda, witnesses repeatedly emphasized access to care, fair treatment for injured workers, rural workforce development, and stronger protections for vulnerable employees. After each bill was laid out and testimony heard, the chair generally closed the public hearing and left the bill pending; no final votes were taken, and the subcommittee adjourned after completing the agenda.
TX

Texas 89th Regular

Business and Commerce May 22nd, 2025

Business & Commerce

Transcript Highlights:
  • Chairman, this is a significant bill that has to do with capital cost recovery, essentially rates for
  • Chairman, this is a significant bill that has to do with capital cost recovery, essentially rates for
  • , hurdle rates, and scenario planning.
  • But I think the intent is that the agency have the authority to cancel that based on agency needs.
  • I'm a founder and chairman of Sport Clips Haircuts, based in Georgetown, since 1993.
Summary: The Senate Committee on Business and Commerce met with a quorum and took up a long list of pending House bills, most of them on motions by Senator King or Senator Campbell. The committee adopted committee substitutes and favorably reported numerous bills, including HB 252, HB 700, HB 1500, HB 1545, HB 1562, HB 1732, HB 267, HB 2213, HB 2221, HB 2520, HB 2818, HB 3016, HB 3214, HB 3250, HB 3512, HB 3623, HB 3689, HB 3833, HB 4063, HB 4395, HB 4690, HB 4751, HB 5331, HB 3824, HB 4464, HB 4468, and HB 5247. Most of these were sent to the local and uncontested calendar, while some, including sunset and other significant measures, were reported to the full Senate. HB 146 was the only bill reported out on a divided vote, passing 6 ayes to 4 nays. Several bills received brief explanation of committee substitute changes. HB 3016, dealing with rental car collision damage waivers and stolen vehicles, was amended to change a cooperation standard from “fully cooperate” to simply “cooperate.” HB 3689, a major ESF/TWA financing bill, was described as making technical changes to align terminology with the Comptroller’s authority and to avoid creating state debt or new liability. HB 5247, a capital cost recovery bill for transmission in the Permian Basin, was revised to clarify how the new mechanism fits with existing Utilities Code provisions and to add a 2035 expiration date. HB 3824, the battery fire safety bill, also received technical changes to align terminology with industry usage. The committee heard public testimony on several pending measures. HB 3069, which would direct the PUC to develop supplemental multi-decade planning criteria for transmission certificates in ERCOT, drew support from industry, environmental, and manufacturing witnesses who said it would help address congestion costs while balancing consumer protections; the bill was left pending. HB 5196, requiring state agencies to adopt and post telework policies and use written telework agreements, received both support and concern: supporters said it would preserve productivity and retention, while a senator raised concerns about notice and family logistics; it was left pending after testimony. HB 3112, allowing closed deliberations on cybersecurity policy details, was laid out and left pending after brief discussion. HCR 102, supporting federal nuclear tax credits, drew testimony from nuclear industry and energy advocates, who argued the credits are essential for existing plants, new nuclear development, grid reliability, and U.S. competitiveness; the resolution was left pending, with discussion about whether the language should focus more exclusively on nuclear. HB 705, creating a cosmetology licensure compact, was supported by industry, employers, and compact experts as a mobility tool that preserves state authority; HB 3516, expanding a public information exemption for Railroad Commission administrative law judges and technical examiners, and HB 3388, authorizing group property and casualty coverage for personal lines, were also heard and left pending. At the end of the meeting, the committee recessed subject to the call of the chair.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Financial Services Jun 21st, 2026 at 10:30 am

Joint Committee on Financial Services

Transcript Highlights:
  • shoring up the 340B program because it gives providers the ability to purchase drugs at discounted rates
  • So, for example, the GIC here in Massachusetts, they will audit their PBM based on what's outlined in
  • Today we operate four full-service health centers and five school-based health centers in Worcester,
  • It creates a reimbursement floor based on the prescription drug payment formula currently used by the
  • The IRA allows Medicare to negotiate prices for select drugs based on clinical value.
Keywords: 995, all
Summary: The committee held a lengthy hearing on a large docket of pharmacy and drug-pricing bills, with most testimony focused on PBM reform, 340B drug discount program protections, specialty medication access, and medication adherence. Chair James Murphy and Senator Paul Feeney opened the hearing and took testimony from legislators, patient advocates, pharmacists, health center leaders, industry representatives, and policy groups. Several speakers described delays, denials, high out-of-pocket costs, and pharmacy closures tied to PBM practices, while others emphasized the importance of community health centers and independent pharmacies in serving patients. On the 340B program, supporters including Senator Eldridge, Senator Payano, Community Care Cooperative, Fenway Health, the Massachusetts League of Community Health Centers, and several community health center leaders argued that bills such as H. 1107 and S. 819 would stop discriminatory PBM and manufacturer practices, preserve contract pharmacy access, and protect safety-net providers that say they reinvest savings into care, pharmacy expansion, interpreter services, behavioral health, and other services. Opponents including PhRMA, the Community Liver Alliance, and a public policy analyst argued the program lacks transparency and accountability, has grown beyond its original purpose, and may benefit large hospitals and for-profit entities more than low-income patients. They urged more reporting and oversight rather than expanding protections. On PBM reform, testimony supported bills including H. 1157, H. 1234, S. 724, S. 831, and related measures that would require rebate pass-through, ban spread pricing, limit steering to PBM-owned pharmacies, and improve reimbursement for community pharmacies. Independent pharmacists and patients said current PBM practices raise costs, create administrative burdens, and threaten access to local pharmacies. PCMA, representing PBMs, opposed the reforms, arguing PBMs lower costs, that plan sponsors choose to contract with them, and that the Health Policy Commission and CHIA should complete their ongoing study before new mandates are adopted. The committee also heard support for H. 1322 and S. 734 on specialty medications, and for H. 781 and H. 1305 on medication synchronization to improve adherence. No votes or formal actions were taken during the hearing.
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Seventy - Thursday, May 14 - Morning Session

Missouri House Floor Meeting

Transcript Highlights:
  • rate, but what we actually accrued in that same time period.
  • rate over what is thought to be... ...to collect that with an interest rate over what is thought to
  • They say Missouri's death rate is higher than the national average.
  • Oftentimes when we look at these, we hear things like rate of return, rate of our rate of return and
  • But that seems to be based on S— Revenue is a great place to start.
Summary: The House opened with prayer, the Pledge of Allegiance, and approval of the House Journal for the prior day by a vote of 118-1. The rest of the session was dominated by points of personal privilege, including farewell remarks from several outgoing members. Those speeches focused on service, family, staff, veterans, law enforcement, integrity, and concerns about lobbyist influence, with members also thanking legislative assistants and recognizing guests and family members in the chamber. The chamber then took up several bills. Senate Bill 1019, dealing with hospital finance and investment authority, was amended to align workplace violence, telehealth, prior authorization, physician licensure, and Lyme disease language, then passed 110-31. Senate Bill 1572, a pensions bill affecting police retirement, MOSERS, EMPERS, and related board provisions, drew extended debate over how to handle retirement overpayments; amendments were adopted to address technical and policy issues, and the bill passed 129-14. Senate Substitute for Senate Bill 1196, concerning workforce diploma programs, Fast Track Workforce Incentive Grants, workforce Pell Grants, higher education funding, and university board residency rules, was amended and passed 115-20, but its emergency clause failed 2-132. The House also granted further conference on Senate Bill 1020. Committee reports were read on several other measures, including bills recommended to pass by Fiscal Review. Later, the House began considering Senate amendments to House Bill 2508, an LLC-related bill involving certificates of good standing, court dissolution of LLCs in limited circumstances, and a St. Louis County property-management affidavit process for repeated ordinance violations.
MN

Minnesota 2025-2026 Regular Session

Committee on Capital Investment - 03/04/25

Capital Investment

Transcript Highlights:
  • My name is Eric Ben—I am an analyst at Fitch Ratings. I manage the rating stream.
  • rating that process happens in a rating rating that process happens in a rating committee<00:12:
  • <00:13:04.959> and rating is we publish that rating and rating is we publish that rating and
  • <00:13:52.320> for<00:13:52.560> US ratings data our average rating for US ratings
  • Then we look at the economic resource base for the specific government we're rating, focusing on economic
Keywords: 1187, senate, all
NH

New Hampshire 2026 Regular Session

House Environment and Agriculture (01/20/2026)

Environment and Agriculture

Transcript Highlights:
  • bill based on the original fiscal note. bill based on the original fiscal note.
  • anything where the group license rate anything where the group license rate changed<01:14:39.120
  • cents more to get, you know, the rate cents more to get, you know, the rate that<01:15:56.400>
  • We're based in Northern years ago.
  • We're based in Northern across states.
Keywords: 1189, house, all
MN

Minnesota 2025-2026 Regular Session

Human services finance bill, HF3, passes MN House during 2025 special session 6/9/25

Minnesota House Floor Meeting

Transcript Highlights:
  • We also substantially increase the substance use disorder rates based on... funding SEIU PCA CFSS contract
  • <00:05:32.240> basing The substance use disorder rates, basing many of our increases on the
  • substance use disorder, we are comparing the state rates to Medicare rates.
  • rate.
  • We adopted the rates with the rate cap moving forward.
Keywords: 1183, house
KY
Transcript Highlights:
  • So, does not change based on the entity.
  • <00:37:37.920> for establishing a single blended rate for establishing a single blended rate
  • > charge<00:37:49.280> to in that the rates that we charge to in that the rates that we
  • That rate, as the auditor $84 per hour.
  • for a partner versus one rate for an associate versus one rate, let's say, for a summer law clerk.
Summary: The committee first heard from Personnel Cabinet officials on House Bill 6, which required the Kentucky Employees Health Plan to offer a qualified high-deductible health plan by the 2026 plan year. Officials said the plan was already added for 2025, described it as the lowest-premium option with higher deductibles, and explained that federal rules prevent first-dollar coverage except for limited preventive services. They said 264 members had selected the plan out of about 142,000, and noted it also allows health savings accounts. Members asked about the plan’s benefits, what “catastrophic” meant, the deductible amounts, and whether employees were aware of the option; the cabinet said it would continue to highlight the plan in communications and that the deductible is above $8,000 for individuals and above $16,000 for families. The committee then received an update from the Kentucky Department of Veterans Affairs on the Bowling Green veterans center. Officials said the current target is to move into the building on October 28, with first admissions about two months later, pending final fixes and certification steps for Medicare, Medicaid, and the VA. They explained that about $7 million in FY25 appropriations lapsed because of construction delays, staffing ramp-up was postponed to avoid unnecessary spending, and the unspent funds should be considered in the next budget request. Members praised the project and asked about annual operating costs; officials said the current operating budget is about $15 million, though they do not expect to spend all of it this year. The commissioner also announced the fifth annual state commanders conference in Lexington, focused on veterans issues and featuring state, federal, and advocacy leaders. State Auditor Allison Ball then outlined her office’s budget priorities. She said the office is primarily a billing agency that charges audited entities for its work, and warned that some agencies are now signaling they may refuse to pay for audits related to kinship care and the medical cannabis application process. She said the office plans to continue requesting outlier credits for unusually burdensome county audit fees, funding for the ombudsman office’s transition and expanded in-office operations, and revenue replacement for local government audits and possibly state audits and special examinations. Ball also said the office conducts about 500 audits, reviews, and examinations a year and wants to restore performance audits with seed funding, as well as add investigators to the ombudsman office to focus more on child abuse and neglect cases. Members discussed the value of performance audits, the possibility of raising certain board thresholds to account for inflation, and the need for additional capacity to handle more audits.
CA

California 2025-2026 Regular Session

Joint Legislative Audit Committee Jun 29th, 2026

Joint Legislative Audit

Transcript Highlights:
  • saw that in certain regions like the Central Valley and the Inland Empire exhibited lower transfer rates
  • Transfer students are admitted to UC at extremely high rates.
  • Students may have to choose courses not only based on their major, but based on whether they are preparing
  • Their four-year graduation rate is slightly higher than the six-year graduation rate for students who
  • The data, including the transfer rate findings in the audit, also showed this troubling reality.
Keywords: 987, senate, all
US
Transcript Highlights:
  • Interest rates, supply, and cost embedded in the mortgage process.
  • First, I will address interest rates.
  • For many years, consumers have been facing interest rate sticker shock.
  • This compares to rates that were between 2% and 5% from 2020 to 2022.
  • It reflects both the price of housing and the mortgage rates.
Summary: The committee meeting focused on addressing the significant issue of affordable housing in America. Members expressed concern over the persistent barriers faced in the housing sector, despite substantial government investment aimed at alleviating these issues. It was highlighted that government interference plays a critical role in complicating the housing landscape, and discussions revolved around potential legislative approaches to mitigate these challenges. Several witnesses provided testimony, contributing to a thorough exploration of the topic.
FL

Florida 2026 5th Special Session

FL House Floor Session - 2025-04-03 (12:30PM Session)

Florida House Floor Meeting

Transcript Highlights:
  • But that is what we know as the validation rate.
  • What this bill does is increase the validation rate to 90%.
  • But that is what we know as the validation rate.
  • What this bill does is increase the validation rate to 90%.
  • But that is what we know as the validation rate.
Summary: The House convened with prayer, a moment of silence for Walton County Deputy Will May, the Pledge of Allegiance, and a quorum present. The Rules and Ethics Committee’s special order report for April 3, 2025 was adopted, and CS/HB 947 was recommitted to the Judiciary Committee. The chamber then moved through a series of bills, mostly reviser and technical measures, with several companion Senate bills substituted and passed: SB 36 (Florida statutes adoption act), SB 42 (general reviser’s bill), SB 40 (deleting inoperative statutory provisions), and SB 38 (renaming references from the Division of Investigative and Forensic Services to the Division of Criminal Investigations). All of those passed unanimously or near-unanimously. The House also passed HB 513 on electronic transmittal of court orders, requiring clerks to electronically send certain petitions, notices, summonses, and orders within six hours, including Baker Act, Marchman Act, and risk protection order documents. Members discussed whether judges needed to direct transmission and whether there were fail-safes if clerks did not comply. HB 615, on electronic delivery of notices between landlords and tenants, was amended to strengthen tenant protections and passed 108-0. HB 655 establishing a regulatory framework for pet insurance, HB 299 on elevator accessibility requirements, and HB 1145 on workforce education also passed, with HB 1145 receiving 100 yeas and 4 nays. HB 649, removing the paper supervised protocol for certified registered nurse anesthetists, passed 77-30 after structured debate. A major portion of the meeting focused on CS/HB 1205, which would significantly revise Florida’s citizen initiative process. The bill adds a $1 million bond requirement after 25% of required signatures are collected, requires petition handlers to be Florida residents and U.S. citizens, imposes background checks and training for paid circulators, shortens petition turn-in deadlines to 10 days, increases penalties, adds signature revocation notices, and creates additional criminal penalties and enforcement provisions. Supporters argued the changes were needed to address fraud and protect petition integrity; opponents said the bill would burden First Amendment activity and make citizen-led amendments much harder to qualify. Numerous amendments were offered, including proposals to remove sensitive personal information from petition forms, soften deadlines and penalties, change validation thresholds, and alter the estimating conference process; most failed, though one amendment clarifying who pays for background checks was adopted. The transcript ends during continued debate on an amendment to strike most of the bill and prohibit public funds from being used to advocate for or against constitutional amendments.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Ways and Means Jun 21st, 2026 at 10:00 am

Joint Committee on Ways and Means

Transcript Highlights:
  • Justice Dana Gershengorn, they reached a clearance rate of 107%.
  • They haven't had a page-rate increase in almost 40 years.
  • Based specialty courts, and that's why they're 63.
  • The EOP's contract is the base contract with Securus.
  • And the base rate for the DOC and the sheriffs is the same, based on the work that was done during that
Keywords: 995, all
Summary: The Joint Committee on Ways and Means held its sixth public hearing on the Governor’s H-2 budget proposal for fiscal year 2026, focused on public safety and judiciary agencies, at the Foxborough Community Center. After opening remarks and local welcomes, the committee heard first from the Executive Office of Public Safety and Security, led by Secretary Gina Kwan, who outlined a $1.72 billion budget, up $69.8 million from FY26. She said the proposal emphasizes core operations, readiness, and partnerships with municipalities, and highlighted work on firearms-law implementation, State Police reform, DOC reentry efforts, hate-crimes prevention, emergency response, and planning for major events including the World Cup. Members also raised concerns about DNA backlog reporting, State Police academy boxing and training standards, ICE communication, disaster relief funding, crime lab staffing, EMS placement, and diversity in public safety leadership. Several exchanges focused on specific operational issues. Secretary Kwan and her team said the State Police are tracking the influx of forensic work from local sheriffs, that the boxing program remains suspended pending an IACP review and likely will not return in its prior form, and that EOPS has no direct communication with ICE but supports law-enforcement coordination where appropriate. On disaster preparedness, officials said the new disaster relief fund is being developed with MEMA and A&F, currently capitalized at $14 million with another $14 million expected, though members urged a more permanent funding source. On the crime lab, staff said the roughly $4.5 million increase is intended to cover core operations and a structural funding gap rather than expand services. The secretary also said EOPS is not ready to absorb OEMS from DPH at this time, though she would keep an open mind. The committee then heard from district attorneys, led by Suffolk County DA Kevin Hayden, who said the Massachusetts District Attorneys Association is seeking a 10% increase in operating budgets, including about $16.7 million for staffing salaries, to recruit and retain prosecutors, advocates, and support staff. He said the request reflects rising workload and the need to keep the criminal justice system functioning efficiently and fairly. The hearing was recessed briefly after the district attorneys’ opening remarks, with additional testimony expected to continue afterward.
NM
Transcript Highlights:
  • However, in conversations with PED regarding New Mexico's school-based behavioral workforce, a common
  • But I guess my first question is just based upon the education that we have for school counselors: Do
  • We need to know what they're choosing and why, and what they think is necessary based on how they're
  • With the work and the systems that we had in place, we were able to increase graduation rates.
  • And on the marquee they talk about their proficiency rates last year compared to this year.
Keywords: 996, all
MN

Minnesota 2025-2026 Regular Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 2/18/26

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • the experience rating of the employers. the experience rating of the employers.
  • interest rates are going to come down. interest rates are going to come down.
  • Something I want to touch base on just briefly.
  • Something I want to touch base on just briefly.
  • the lots forever and interest rates the lots forever and interest rates can't<00:26:19.039> stay
Bills: HF3393
FL

Florida 2026 5th Special Session

Senate in Session May 2nd, 2025

Florida Senate Floor Meeting

Transcript Highlights:
  • There are some stylistic changes and some revisions based upon the exact time frame.
  • Does the educator have to receive a rating of highly effective all four years, or only be rated highly
  • The NCLEX practical nurse pass rate stood at 80.8%.
  • They make judgments based on the severity of the situation.
  • It is truly a very important bill that addresses the NCLEX rates in the state of Florida.
Summary: The Senate convened with prayer, the Pledge of Allegiance, and several introductions, then moved into a series of special-order bills and House messages. Early floor action included passage of a claim bill for Mandy Penny Lemon (HB 6503) and bills on sewer collection systems (HB 1123) and farm products (HB 211), all passing unanimously. The chamber also took up an ad valorem tax exemption resolution for agricultural tangible personal property (CS/HJR 1215), which passed 37-0. Several other measures were temporarily postponed before the Senate recessed and later returned to House messages and additional special orders. The Senate then addressed multiple House amendments and conference-style motions. It concurred in amended versions of SB 994 on driver safety, SB 180 on emergency preparedness and response, and HB 1609 on waste incineration/auxiliary containers after extended debate over hurricane recovery rules, local government restrictions, and plastic container preemption. The chamber also concurred in CS/HB 1205 on citizen initiative petitions, increasing the number of petitions a volunteer may carry from 2 to 25, and in CS/HB 733 on Brownfields. Other House amendments were rejected or sent back, including SB 234 on offenses against law enforcement, SB 116 on veterans policy, SB 168 on mental health, and HB 1101 on out-of-network provider referrals. Later, the Senate approved CS/HB 1255 on education and CS/HB 875 on educator preparation, with discussion focused on school readiness, teacher training, and changes to certification and testing requirements. It also concurred in CS/HB 1427, a broad health care bill, after the House added a major nursing education amendment that tightened Board of Nursing oversight, required standardized evaluation and remediation, and imposed accountability measures tied to NCLEX pass rates and program performance. Several members raised concerns or praised negotiated compromises throughout the day, but the recorded actions were mainly concurrence motions, refusals to concur, and final passage votes on the bills considered.
ND

North Dakota 2026 1st Special Session

Legislative Management Jan 20th, 2026 at 01:00 pm

Transcript Highlights:
  • The federal rate for free lunches is 130% of that number, or around $42,000, and the reduced lunch rate
  • Start with evidence-based standards.
  • . dispute. electrical rate dispute.
  • And I feel that this is bad policy because it's not income based. It's not needs based.
  • The original bill got negotiated into an income-based way to service the kids in our... to an income-based
Keywords: 908, all
Summary: The committee opened with roll call and a review of special-session procedure: bills would be heard in filing order, with related school-lunch bills grouped together, and any bill advancing would require a motion, second, and majority vote to be introduced. Members also discussed that the committee was functioning much like a delayed-bills committee, with final referral to either Appropriations or Policy depending on the bill’s fiscal impact. The first major proposal was Senator Schibley’s bill to create a narrow, statewide Bank of North Dakota bridge-loan program for struggling nonprofit medical facilities, prompted by Jacobson Memorial Hospital’s financial crisis. He argued the hospital and surrounding EMS services could close without short-term help, while committee members questioned the added language, the population cap, the $10 million fund with $5 million per applicant limit, and whether the program could open the door to future requests. Representative Headland then presented two cleanup bills from the prior property-tax session: one to fix notice and tax-certification issues for local taxing districts, and another to correct how the primary residence credit is applied so taxpayers receive the full benefit rather than counties retaining part of the reimbursement. Members asked about township hearing timing, the estimated $10–15 million annual impact, and whether the credit issue could be fixed retroactively; Headland said the bill was intended to correct the problem going forward. Three school-lunch bills drew extensive discussion. Representative Vetter proposed a small administrative appropriation to add an FTE to help eligible families enroll in the existing free/reduced lunch program, saying the goal was to ensure needy children are signed up and that the state should not subsidize meals for wealthy families. Representative Nathe offered a broader bill mirroring the pending initiated measure but placing the program in statute instead of the Constitution, moving implementation up a year, and funding it with a one-time $65 million from the strategic investment fund; he said this would preserve legislative flexibility and avoid constitutional entrenchment. Representative Dressler proposed raising the state-funded eligibility threshold from 225% to 300% of poverty, arguing it would expand access while still preserving federal reimbursements and encouraging better enrollment systems. Members debated costs, future budget pressure, whether the bills set a precedent for responding to ballot measures, and whether the program should include breakfast and other operational details. Other proposals included Senator Powers’ bill to create a hyperbaric oxygen board and support rural access to hyperbaric chambers for wounds, concussions, PTSD, and other conditions; Representative Tolman’s reporting-requirements bill to force new or expanded programs to justify purpose, alternatives, evaluation methods, and full implementation costs; Representative Frelich’s bill addressing the ongoing redistricting litigation and what happens if the Supreme Court or lower courts alter the current map; and a bill requested by the Public Service Commission and ITD for FERC litigation support and ADA website/document compliance. The committee also heard a rural-health eligibility bill from Representative Twait aimed at steering federal rural health dollars toward rural providers, with questions focused on whether the mileage limits would exclude some communities. One Holocaust education item was deferred until the sponsor could be located.
NH

New Hampshire 2025 Regular Session

House Ways and Means (04/01/2025)

Transcript Highlights:
  • swept expands the base of of swept swept expands the base of of swept expands<01:09:44.000> the
  • of that exemption because while the base of that exemption because while the base may<01:10:34.560
  • than it is for a residential rate.
  • than it is at for a is a different rate than it is at for a residential<01:15:19.760> rate<01
  • <01:25:24.719> for swept should increase the base for swept should increase the base for swept
Keywords: 928, house, all
Summary: The committee held a work session on HB 302, which would add precious metals and digital assets as potential investment options. State Treasurer Monica Misipelli said she took no position on the bill and did not see an immediate fiscal impact or operational problem, but explained that the state’s operating funds and rainy day fund require liquidity and stability, so they would not be suitable for volatile assets like precious metals or digital assets. She said the only funds that might potentially use such investments would be certain trust funds held in perpetuity, which are managed by an outside investment advisor under a contract and investment policy. Members asked about the treasurer’s current investment practices, including the types of funds managed, the role and discretion of the investment advisor, the state’s risk profile, and whether the bill would affect existing authority. Misipelli said the office follows RSA 11 and related statutes, with different objectives ranging from conservative to aggressive depending on the fund, and that the advisor meets with the office regularly, with formal performance reviews on a quarterly basis. She also said the office recently centralized management of about 40 trust accounts totaling roughly $60 million into five combined portfolios under a five-year contract with an RFP-selected vendor. When asked whether precious metals or digital assets are already indirectly available through mutual funds, she said that was possible for some mutual funds, but she was not certain about digital assets. Representative Ammon, the bill’s sponsor, said similar legislation had passed the Oklahoma House, the Texas House and Senate, and had advanced in Arizona. He argued the bill was intended to give the treasurer more tools to help balance portfolios and hedge inflation, noting concerns about federal debt and inflation. No vote was taken in the excerpt, and the chair ended the questioning after thanking the treasurer and asking her to remain available in case further questions arose.
HI

Hawaii 2026 Regular Session

FIN Info Briefing - Thu Jan 8, 2026 @ 9:00 AM HST

Hawaii House Floor Meeting

Transcript Highlights:
  • been um behind for real GDP growth rates been um behind for real GDP growth rates and<00:22:57.360
  • :17.600> almost Hawai's unemployment rate is almost Hawai's unemployment rate is almost always
  • <01:36:58.239> of top of my head, but at the uh rate of top of my head, but at the uh rate
  • construction jobs and excise tax base construction jobs and excise tax base etc. etc. etc.
  • uh is earned based on an income level. uh is earned based on an income level.
Keywords: 910, house, all
MN

Minnesota 2025 1st Special Session

Committee on Capital Investment - 02/11/25

Capital Investment

Transcript Highlights:
  • moved from where the DU Air Force Base moved from where the DU Air Force Base was<00:01:32.000><
  • We are a rating agency, and I have been rating the state of Minnesota for the last four years.
  • I mean, when you rate these things, you're rating them for the life of the bond.
  • When we assigned that in May of last year, the idea was that we thought the credit rating based on that
  • Kowalski, could you tell me, do the interest rate forecasts affect your ratings at all? Mr.
Keywords: 1187, senate, all