Video & Transcript Research : 'rate deviations'

Page 149 of 500
MN
Transcript Highlights:
  • A new bill aims to cap property taxes at the rate of inflation.
  • <00:02:52.440> of cap property taxes at the rate of cap property taxes at the rate of inflation
  • It would allow at the rate of inflation.
  • So, for example, if the rate of well.
  • But, this bill their property tax rates.
Keywords: 918, senate, all
Summary: The segment focused heavily on affordability and fraud prevention in the Minnesota Senate. Senator Michael Kreun discussed his proposal to cap city and county property tax growth at the rate of inflation, with a small allowance for population growth, and to require voter approval by referendum for increases above the cap. He said property taxes rose by nearly $1 billion statewide last year, blamed part of the increase on unfunded state mandates, and said the bill would curb surprise double-digit hikes. Kreun said the proposal has been well received by constituents and homeowners, while cities and counties are concerned about losing revenue; he also said relief could begin as soon as the next property tax statement if the bill passes this year. He noted related affordability ideas, including increasing disabled-veteran exemptions and deferring property taxes for seniors, and said he is open to bipartisan work on other measures such as ending taxes on tips and overtime and reducing tab fees. The program also highlighted climate and infrastructure funding. Senator Ann Johnson Stewart argued that worsening weather is driving costly infrastructure damage and said a proposed climate superfund would shift some of those costs from taxpayers to major polluters. She said the fund could support storm sewer upgrades, pavement reinforcement, and erosion prevention, and noted that Senate File 4126 is awaiting a hearing in the Senate Environment, Climate, and Legacy Committee. On fraud prevention, Senator Julia Coleman’s bipartisan bill would require at least one unannounced, on-site inspection for state grants over $10,000, with recurring check-ins for grants lasting more than a year. The bill is pending in the Senate State and Local Government Committee. Senator Heather Gustafson then discussed her push for an independent Office of Inspector General, saying it would provide oversight over any public or private entity receiving public dollars. She said the Senate previously backed the idea with 60 votes, that the governor’s coordinated council is only an interim step, and that she has not yet seen a Republican fraud package to review. The segment also noted that the Senate unanimously passed Senator Johnson Stewart’s school bus safety bill, Senate File 3623, by a 67-0 vote, clarifying that drivers must stop when school bus lights flash even if the stop arm is only partially extended; the bill now awaits House action.
NM

New Mexico 2025 Regular Session

IC - Mortgage Finance Authority Act Oversight Jul 21st, 2025

Mortgage Finance Authority Act Oversight Committee

Transcript Highlights:
  • So what are the rates on that? And then that's the end of my question.
  • In addition, the poverty rate in...
  • Mexico is 5.7 percentage points higher than the national rate at 18.1% for New Mexico.
  • The rate of manufactured or mobile housing is nearly triple that of the nation.
  • I mean, it can be interest rates, it can be labor participation rates, it can be the land use code, it
TX

Texas 89th 2nd C.S.

Land & Resource Management May 8th, 2025

Land & Resource Management

Transcript Highlights:
  • I think condemnation rate is super low.
  • And we've adopted a mixed system using a moderate rate of impact fees to help address this.
  • 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 $315,000.
  • 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.
TX

Texas 89th 2nd C.S.

Delivery of Government Efficiency Apr 30th, 2025

Delivery of Government Efficiency

Transcript Highlights:
  • $5 billion in charter school bonds, including a significant number of charter bonds that have junk ratings
  • portal to txschools.gov, um, you can filter through on, on charters, and they actually have a higher rate
  • So, um, the, the rate of uncertified teachers, we've talked a lot this legislative session about the
  • And so we have these alarming rates of, you know, more than 50% of educators in classrooms.
  • At that time, MISD was an A-rated district with 91% A and B rated campuses, zero D or F rated campuses
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 2025 Regular Session

January 15, 2025 - 01:00 PM

Transcript Highlights:
  • The first question that I have has to do with provider rates.
  • talking about rates, wanting to have rates increase.
  • And a part of that puzzle is rates.
  • ascertaining their own rates.
  • Rates as a floor in managed care when they're ascertaining their own rates.
Summary: The Health Care Budget Subcommittee met to organize the new term, take roll, and hear introductory presentations from the six agencies under its jurisdiction: the Agency for Health Care Administration, Agency for Persons with Disabilities, Department of Children and Families, Department of Elder Affairs, Department of Health, and Department of Veterans’ Affairs. The chair outlined the committee process, including assigning members to review agencies and make budget recommendations. Each agency head gave a high-level overview of their budget, staffing, major programs, and priorities, with recurring themes including Medicaid, long-term care, disability services, child welfare, mental health, aging services, public health, and veterans’ health care. Several agency leaders highlighted recent initiatives and funding priorities. AHCA emphasized Medicaid managed care, provider regulation, Hope Florida, hospital-at-home, and cancer-related efforts; APD discussed iBudget services, Hope Florida, a managed-care pilot, online applications, and forensic care costs; DCF focused on child protection, foster care, adult protective services, food/cash/medical assistance, mental health, and opioid treatment; Elder Affairs highlighted Alzheimer’s services, community-based senior care, guardianship, ombudsman services, and disaster outreach; DOH covered cancer innovation, maternal telehealth, cybersecurity, HIV/hepatitis/syphilis screening, and school nursing; and Veterans Affairs described benefits and health care access for veterans, long-term care, and federal reimbursement. Several speakers also raised concerns about rising costs, provider rates, disaster response, and access to services. The committee heard two public comments from disability advocates about Medicaid redeterminations affecting iBudget waiver recipients and provider payment delays. In response, AHCA and APD said they were coordinating on data sharing, early outreach, escalation processes, and efforts to reduce disenrollments and make recertification smoother. Members then asked questions about provider rates, opioid settlement spending, managed care quality measures, pediatric rare disease grants, group home transparency, senior outreach, ABA services moving into managed care, annual Medicaid recertification, veterans’ service utilization, waiting lists for elder services, and prevention spending. No formal votes were taken during the meeting.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Ways and Means Jun 21st, 2026 at 11:00 am

Joint Committee on Ways and Means

Transcript Highlights:
  • To share that we achieved a 98% favorable rating and an outstanding 4.83% rating for recommending our
  • Those are the Chapter 257 rate increases.
  • It's the highest rate that we've ever paid.
  • It's the highest rate that we've ever paid.
  • And the reconviction rate is 26% in comparison to double the rates.
Keywords: 995, all
Summary: The hearing opened with remarks from Senate Chair Robyn Kennedy and House Chair Chynah Tyler, who emphasized that the fiscal year 2026 hearing was focused on the Health and Human Services budget, asked members to keep questions budget-related, and noted that no public testimony would be taken. They also highlighted the choice of Doherty Memorial High School as the venue to showcase Worcester’s investment in career and technical education. Committee members then introduced themselves before the first panel, the Executive Office of Veterans Services and the state veterans homes, began testimony. Secretary John Santiago said the governor’s FY26 proposal would support implementation of the HERO Act, which he said is now about 95% implemented, including higher disabled veteran annuities, expanded behavioral health benefits, and other service expansions. He described efforts to reduce veteran homelessness, including nearly $20 million in ARPA-funded housing and outreach initiatives, and said the agency has delivered more than 100,000 supportive services to nearly 8,500 veterans. Leaders from the Chelsea and Holyoke veterans homes reported on staffing, quality measures, electronic medical records, and major construction projects at both facilities, including a new Chelsea campus and the new Holyoke home. Members asked about funding transfers, geographic equity in access to the homes, outreach to women veterans and veterans of color, suicide prevention, Gold Star family support, and the impact of federal uncertainty; Santiago said the homes are now licensed and certified, that the current budget is sufficient, and that the agency is expanding engagement and data collection. The second panel, the Office of the Veteran Advocate, testified that its FY26 request is about $3.3 million, up from the current $2 million, to cover staffing, a larger office, and higher technology costs. Veteran Advocate Bob Notch said the office is a new independent oversight agency created in 2022 to examine systems, coordinate with local veteran service officers, and investigate fatalities or serious harm involving veterans in state care. He said the office’s work depends on research, data, and collaboration with other agencies, and that current funding is only enough for minimum operations. In response to questions, Notch and Deputy Commissioner David O’Callaghan discussed the difficulty of tracking veteran suicides, the need for better data across agencies, and the office’s role as an oversight body rather than a direct service provider. No votes or formal actions were taken during the hearing.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Ways and Means Jun 21st, 2026 at 11:00 am

Joint Committee on Ways and Means

Transcript Highlights:
  • And it's well below the rate of inflation. since we took office.
  • They're growing at a rate that is high, but it's important.
  • Wall Street's able to purchase at a cheaper rate.
  • Our utilities should be able to purchase at a cheaper rate.
  • Market-rate units go like this.
Keywords: 995, all
Summary: The joint budget hearing opened the FY27 budget process with remarks from the Senate and House Ways and Means chairs, who described the fiscal outlook as challenging because of slow revenue growth, rising health care and other costs, and uncertainty from federal policy changes. Governor Healey and Secretary of Administration and Finance Matthew Gorzkowicz then presented House 2, a $62.8 billion budget that they said grows by about 1% and does not raise taxes or fees. They emphasized affordability, fiscal discipline, protection of core services, and continued investment in education, transportation, housing, child care, health care, and public safety. The administration also discussed a separate bill to delay and phase in certain federal tax-code changes from the so-called OB3 law, especially research and experimental expense provisions, to reduce immediate budget impacts and preserve competitiveness. A major portion of the hearing focused on education and municipal aid. The administration said House 2 provides about $7.6 billion for Chapter 70 aid, fully funds the final year of the Student Opportunity Act, increases special education circuit breaker funding, and raises rural school aid. Senators and representatives from both parties raised concerns that Chapter 70 and other aid formulas are not equitable for small, rural, and low-wealth communities and are not keeping pace with inflation, and several called for broader review of the formula and related funding streams. The governor and secretary said they are open to further discussion, pointed to additional support through rural aid, special education, transportation reimbursements, and minimum aid, and said total Student Opportunity Act investment would reach about $2.1 billion over the life of the law. Transportation, housing, and fair share spending were also central topics. The administration said fair share revenues are being used holistically, with education-heavy spending in the operating budget and transportation-heavy spending in the supplemental budget, and estimated the overall split to date at roughly 57% education and 43% transportation. They highlighted MBTA stabilization, regional transit authority support, microtransit, fare-free regional transit, and bridge and commuter rail investments, while noting the MBTA remains a major fiscal concern. On housing, the governor stressed production, permitting reform, ADUs, down-payment assistance, and support for public housing authorities, while lawmakers pressed for more funding for local housing authorities and for ways to address out-migration, energy costs, and affordability. The governor also said the administration will not withhold fire safety grants from communities over MBTA Communities Act noncompliance and will handle such issues case by case. No votes were taken at the hearing; it was an informational presentation and question-and-answer session.
MN

Minnesota 2025 1st Special Session

House Housing Finance and Policy Committee 1/22/25

Housing Finance and Policy

Transcript Highlights:
  • Part of that is stubbornly high interest rates, and obviously this committee can't do much about those
  • And then in the next chart you want to be as far to the left as possible, as it shows market rate under
  • <00:05:22.080> under it shows market rate under it shows market rate under 300,000<00:05:24.199
  • And I'll say, look, the greatest headwind that we face right now is interest rates.
  • more people I get the the interest rates more people I get the the interest rates is<01:29:32.280
Keywords: 1183, house
Summary: The House Housing Finance and Policy Committee approved the previous meeting’s minutes and then heard testimony from Housing First Minnesota and the Coalition of Greater Minnesota Cities on housing supply, affordability, and land-use policy. Mark Foster of Housing First Minnesota said the state is chronically undersupplied by roughly 100,000 units, that the median new single-family home price has risen above $530,000, and that only about 27% of Twin Cities households can now afford a new home. He argued that regulatory and local approval processes, especially planned unit developments and aesthetic mandates, add significant cost and reduce the number of homes built, and he urged the committee to remove exclusionary barriers and modernize residential development approvals. Members questioned Foster about zoning, aesthetic requirements, and homeowners associations. He said most new housing in growing metro communities is negotiated through PUDs, which he described as increasing costs and limiting supply, and gave examples such as stone exterior requirements adding thousands of dollars to a home. He also said HOAs can be useful in some cases but are often imposed when not needed. Several legislators responded positively to the Housing First Minnesota Foundation’s work, including transitional housing and veteran housing projects. Elizabeth Wefel of the Coalition of Greater Minnesota Cities said cities outside the metro also face a housing shortage, but their challenges differ: market failure, inadequate sewer and water infrastructure, and gaps in starter, workforce, and senior housing. She said many Greater Minnesota cities are already updating zoning, reducing lot sizes, allowing more density and ADUs, and investing local money, land, and partnerships to spur development. She asked the legislature to speed up rollout of housing funds, support infrastructure and workforce programs, and adjust housing tax credit and TIF rules, while warning against one-size-fits-all preemption of local zoning authority. Members discussed the need for tailored solutions and the differences between metro and Greater Minnesota housing markets.
FL

Florida 2026 4th Special Session

February 16, 2026 - 01:30 PM

Transcript Highlights:
  • Amid rising costs of statutorily required duties, this increases the statutory reimbursement rate for
  • This increases the statutory reimbursement rate for $195 for petitions and ads approved civil and engine
  • OF COMPENSATION REIMBURSEMENT RATES AND THERE IS AN ADJUSTMENT OF COMPENSATION FOR HOSPITAL EMERGENCY
  • WAS AT THE MEDICAID ALLOWABLE RATE.
  • NEGOTIATE RATES ABOVE 110% OF MEDICARE ALLOWABLE RATE IF THEY ENTER INTO AN AGREEMENT TO PROVIDE HEALTHCARE
AZ

Arizona 2026 Regular Session

02/05/2026 - House Rural Economic Development

Rural Economic Development

Transcript Highlights:
  • So it makes market-rate or luxury higher-end housing, for instance, very difficult to do.
  • This is the opposite of market-rate housing, where the pressure is to force the rents up.
  • For example, impact on utility rates?
  • They're not being put on residential customers and increasing their utility rates.
  • And then for a small modular reactor-specific... ...data centers driving up their rates.
Bills: HB2388, HB2804, HB2926
Summary: The committee began with short presentations highlighting historic sites in Prescott, including the Arizona Pioneer Home and the First Territorial Governor’s Mansion/Charlotte Hall Museum, framed as ways to showcase rural districts and Arizona history. Members discussed the importance of using committee time to feature district-specific projects and tourism assets before moving to legislation. The main action was on HB 2804, a bill creating a state rural development and housing tax credit tied to the federal low-income housing tax credit for projects in counties under 800,000 population. Supporters, including the sponsor, the mayor of Flagstaff, housing developers, and other local officials, argued the credit would help finance affordable housing for seniors, veterans, and low-income residents in rural areas where projects are otherwise not feasible. Opponents, including the Arizona Free Enterprise Club, argued the program is inefficient, difficult to police, and disproportionately benefits intermediaries and developers. After extended questioning and debate about whether the bill truly helps veterans and seniors, the committee passed HB 2804 on a 7-0 vote. The committee then heard HB 2388, which directs the Arizona Commerce Authority to study the economic benefits of small modular reactors and data centers and report findings to the governor and legislature. The sponsor described it as a data-gathering measure to inform future policy, while supporters said it could help assess energy and job impacts, especially for Hispanic workers. One member suggested adding information on utility-rate impacts and waste/storage issues through amendment. The bill passed on a 6-1 vote, and the committee adjourned.
FL

Florida 2025 Regular Session

December 2, 2025 - 03:30 PM

Transcript Highlights:
  • The bill seems to say we're going to triple the rates for telling storage up to triple the rates were
  • But we don't see a need for increasing rates based upon this are arbitrary 3 times.
  • That goes into the rate base by here to sell on fear of rates going up.
  • It could be 4 days before you really get your car back 3 times the rate in Leon County.
  • You're recognized. >> Where you just dissipating me rate on it. I knew it.
CA

California 2025-2026 Regular Session

Assembly Banking and Finance Committee Jul 7th, 2025

Banking and Finance

Transcript Highlights:
  • Here's what he said: 9% simple interest rate. What's the APR for that? That's a 45%, he explained.
  • What does a 4% fee rate mean? He asked. That's also, it turns out, a 45% APR.
  • is an APR or the annual percentage rate.
  • It buys down the interest rate.
  • The borrower sees, you know, a 2% interest rate, 3% interest rate, they think, "Wow, that's amazing!
Keywords: 988, house, all
MN
Transcript Highlights:
  • Um, and that has some federal ties on reimbursement rates, some state ties, and then of course local
  • , some state ties, and then of rates, some state ties, and then of course<00:04:47.840> local<
  • So, if you're only going to get it reimbursed at a real low rate on a large population, that messes up
  • So, if you're only going to get it reimbursed at a real low rate on a large population, that messes up
  • rate that's smaller than<00:14:37.279> larger.
Keywords: 918, senate, all
Summary: The program focused on two major Senate efforts: emergency support for Hennepin County Medical Center (HCMC) and modernization of the state’s human services software systems. On HCMC, Senator Rich Draheim said the hospital is a critical level-one trauma center and a key part of Minnesota’s safety net, warning that its closure would overwhelm the rest of the system. He argued the state should prioritize stabilizing HCMC and other hospitals rather than expanding programs that he считает are not adequately fixed, and he opposed raising taxes such as Hennepin County’s sales tax to fund the hospital, saying property-tax and cost-of-living pressures are already too high. The Senate’s Health and Human Services Supplemental Budget Bill includes a one-time $150 million appropriation to stabilize HCMC, with accountability and reporting requirements. The segment also noted DFL Senator Ann Rest’s bipartisan Senate File 4986, which would direct Hennepin County sales tax revenues to HCMC after certain county obligations are met. Draheim and others emphasized that HCMC’s finances are strained by uncompensated care and low reimbursement rates, and that rural and metro hospitals alike are under pressure. The second half of the program highlighted Senate File 4719, sponsored by Senator Melissa Wicklund, to create a Human Services Systems Steering Committee. Wicklund said outdated, siloed Department of Human Services systems slow access to SNAP, medical assistance, and other basic-needs programs, create errors and inefficiencies, and make fraud harder to detect. She said the committee would bring counties, state agencies, and IT officials together to prioritize modernization. She also said the upgrades would be expensive, citing a child welfare system replacement estimated at nearly $80 million, but noted federal matching funds are available and that failing to modernize could lead to penalties. Wicklund also discussed a longer-term bill, Senate File 5020, to create an IT funding account and planning process for future system upgrades.
ND
Transcript Highlights:
  • Our lowest rate currently today is 5.25%.
  • Mortgage revenue bonds are tax exempt, so we get a lower rate on those bonds.
  • And because they're tax exempt, we're able to get a lower rate on them.
  • But I don't see that happening anytime soon with rates dropping.
  • They have a 0.2% vacancy rate on their units, which means that they're never empty.
Keywords: 908, all
Summary: The committee met as the Regulatory Division of the budget section and received updates on several Industrial Commission-related agencies and programs. Legislative Council first reviewed base budget materials, then the North Dakota Housing Finance Agency reported on its current appropriation and staffing, noting that its new FTEs were being filled gradually and that it remained largely funded through special and federal funds. Agency leaders described homeownership lending, loan servicing, and housing incentive fund activity, including below-market mortgage rates, down payment assistance, and a growing servicing portfolio that has increased workload but not yet required additional FTEs. Housing Finance also detailed use of the Housing Incentive Fund and homeless grant dollars. Officials said the multifamily HIF round drew more than $73 million in requests and awarded $25 million, while the single-family program supported rural development and community land trusts. Homeless grant funding was split between emergency shelter, prevention, and rapid rehousing, with performance-based scoring used to renew or reallocate awards. Members discussed housing affordability, aging households, rental assistance, and the need to coordinate housing and site-preparation messaging with Commerce. The agency asked that HIF, single-family, and homeless funding be maintained or increased in the next session. The Department of Mineral Resources then presented its budget and operations update. Staff said the agency was on track financially, had filled most of its new reclamation FTEs, and was not expecting major litigation costs beyond normal late-biennium invoices. The director reviewed agency initiatives including Project North Star IT modernization, organizational restructuring, succession planning, rulemaking, and implementation of the development incentive well tax program and critical minerals rules. He also discussed oil and gas activity, explaining that longer laterals, especially three- and four-mile wells and the first five-mile spacing case, are helping keep production relatively flat even as rig counts ease. Members asked about gas capture, hedging, break-even prices, and the effects of Iran and Venezuela on oil markets. The committee also heard about enhanced oil recovery grants and the Pipeline Authority. The EOR program’s $25 million appropriation was fully allocated to six projects, with total awards reaching about $45.1 million when other fund balances were included, subject to a possible 5% reduction if federal DOE money does not materialize. Officials said the projects are public, reimbursement-based, and will produce results over the next several years. Finally, the Pipeline Authority outlined natural gas transmission projects, including the imminent Bakken Express line and the proposed Bakken East project, which WBI was selected to advance after an Industrial Commission RFI process. The project is moving through open season, survey permission, and regulatory work, with in-service dates projected for 2029 and 2030.
ND

North Dakota 2025-2026 Regular Session

Budget Section Regulatory Division Mar 18th, 2026

Transcript Highlights:
  • Our lowest rate currently today is 5.25%.
  • So we get a lower rate on those bonds.
  • And because they're tax exempt, we're able to get a lower rate on them.
  • But I don't see that happening at least any time soon with rates dropping.
  • They have a 0.2% vacancy rate on their units, which means that they're never empty.
Summary: The committee met as the Regulatory Division budget section and first reviewed the North Dakota Housing Finance Agency’s budget and program update. Legislative Council outlined the agency’s base budget and historical funding, and Housing Finance staff reported on homeownership lending, housing incentive fund (HIF) awards, and homeless grant spending. Agency officials said the five new FTEs approved last session are mostly filled, with one homeless program manager still open. They described strong demand for HIF, noting that September 2025 multifamily requests exceeded $73 million while only $25 million was available, and that single-family and homeless programs are also heavily subscribed. Members discussed the agency’s local loan servicing workload, interest-rate benefits, down payment assistance, and the need to coordinate housing discussions with Commerce and site-preparation efforts. The agency asked that HIF, single-family, and homeless funding be maintained or increased, and committee members emphasized accountability and statewide access for homeless prevention and rapid rehousing funds. The Department of Mineral Resources then presented its budget and agency initiatives. Staff reported that the department is on track financially, that most of the five new reclamation-related FTEs are hired, and that litigation costs tied to oil and gas matters are expected to continue appearing late in the biennium. The director reviewed ongoing modernization and organizational efforts, including the North Star IT project, succession planning, training, and rulemaking for oil and gas and critical minerals. Members asked about longer laterals, spacing, and production trends; the department said operators are increasingly drilling three-, four-, and even an initial five-mile lateral, which is helping keep North Dakota oil production relatively flat even as rig counts ease. The director also discussed oil price volatility tied to Middle East conflict, hedging practices among producers, gas capture remaining around 95%, and the likelihood that current production levels will stay near flat unless prices or geopolitical conditions change significantly. An update on the enhanced oil recovery grant program followed. The Industrial Commission’s grant administrator said the full $25 million appropriation was allocated in the fall to six projects, and because the oil and gas research fund also had carryover and biennial tax revenue, total awards reached about $45.1 million. The projects are expected to run two to four years, with meaningful results not likely until mid-2026 or later. Members questioned whether the public would have access to the research findings and how accountability would be maintained; staff said the grants are reimbursement-based, require regular status reports, and will culminate in public final reports. The committee also heard from the North Dakota Pipeline Authority, which updated members on natural gas transmission projects, especially WBI Energy’s proposed Bakken East pipeline. The authority said the project has advanced through a nonbinding and then binding open season, with WBI now securing survey permissions and moving through regulatory and landowner processes, while other related gas transmission projects near Minot and Epping are also in development.
MN

Minnesota 2025-2026 Regular Session

Defining “gross annual retail energy sales.” 3/5/26

Minnesota House Floor Meeting

Transcript Highlights:
  • And I just wanted to offer that in this moment of rising electric rates and growing demand, efficiency
  • /c><00:13:16.160> cost<00:13:16.399> for<00:13:16.639> other<00:13:17.200> rate
  • will help lower the cost for other rate will help lower the cost for other rate payers<00:13:17.760
  • for the rest of your decrease uh rates for the rest of your customers?
  • Um so a half a cent on on 8 base rate.
Keywords: 1183, house
Summary: House File 3296, as amended, was heard in committee and laid over. The bill would extend an existing exemption in Minnesota’s energy conservation/efficiency program calculations so that certain data centers, like crypto-based data mining operations, would not be counted in a utility’s gross annual retail sales if the new load increases the utility’s base load by 40% or more. Representative Gilman and testifier David Meyer of Glenco Light and Power argued the change is needed because large data loads can make the 1.5% annual savings target effectively unattainable for smaller municipal utilities, and they said the added revenue from the facility has helped lower rates for other customers. Ken Sulum of the Minnesota Municipal Utilities Association supported the bill, describing it as narrowly drafted to address mid-sized data centers that do not fit other relief provisions but still create local utility problems. Sarah Wolf of Minnesota Interfaith Power and Light opposed the exemption, arguing that energy efficiency remains important amid rising demand and grid stress from data centers, and that large users should continue contributing to efficiency efforts rather than being exempted. Members raised questions about whether the facility had a long-term contract, whether the customer was helping lower rates, and how much savings were being passed on to ratepayers. Meyer said the customer had a three-year agreement extended another three years, the infrastructure costs were borne by the customer, and the facility’s revenue has allowed Glenco to reduce rates by about half a cent per kilowatt hour through a $40,000 monthly buy-down of its power cost adjustment. Some members expressed concern that data centers should continue to improve efficiency over time, while others noted the bill’s focus on smaller utilities facing disproportionate impacts.
NH
Transcript Highlights:
  • So, um, the Medicaid rate to counties ranges from looks like 247 a day up to 290.
  • So, um, the the Medicaid<00:08:43.599> rate<00:08:44.080> to<00:08:44.560> counties<
  • rate to counties ranges from looks<00:08:47.279> like<00:08:47.519> 247<00:08:48.160><
  • So, um, if the base rate plus ProShare, MQUIP, anything else exceeds the Medicare rate, which is about
  • So, um, if the base rate plus ProShare, MQUIP, anything else exceeds the Medicare rate, which is about
Keywords: 928, house, all
Summary: The Committee to Study Long-Term Managed Care approved the prior meeting minutes as amended after correcting the first paragraph. The chair then outlined the committee’s plan to produce a preliminary report by October 1, with additional meetings to follow, since some questions remain about the federal One Big Beautiful Bill (OB3) and its effects on Medicaid financing and managed care. The main discussion focused on New Hampshire nursing home funding and how ProShare and MQUIP work. Members reviewed Medicaid rates, supplemental payments, intergovernmental transfers, and the role of federal matching funds. The chair and Mr. Litman concluded that OB3’s phase-down of payments above the Medicare rate likely would not directly eliminate ProShare or MQUIP in New Hampshire, but uncertainty remains about intergovernmental transfers and about how these payments would function if the state moved nursing facilities into managed care. Mr. Litman said managed care would likely require waivers for supplemental payments, and Texas was cited as an example of a state operating under such waivers. The committee also discussed dual eligibles, DNIP, PACE, and the possibility of carving out HCBS from nursing facility services. DHS said its managed care contract would allow the state to use MCOs for DNIP, with the goal of better coordination between Medicaid and Medicare, while PACE would likely require more study and might be more feasible in populated counties. Members also reviewed OB3’s new presumptive eligibility provisions and a state waiver request modeled on Washington’s approach, plus a separate grant for transitioning people from facilities back to the community. The rural health transformation fund was discussed as a possible source for workforce, telehealth, mobile integrated health, and other support investments, but not for direct construction or major building renovation. County representatives emphasized that any county role in PACE or DNIP would require significant vetting, infrastructure, capital investment, and a realistic timeline. The meeting ended with the chair saying the draft report would outline issues and possible alternatives, but not recommendations yet, and the committee adjourned without taking further action.
NM

New Mexico 2025 Regular Session

IC - New Mexico Finance Authority Oversight Aug 12th, 2025

New Mexico Finance Authority Oversight Committee

Transcript Highlights:
  • The interest rate was fixed at half of the prime rate.
  • Our interest rates were based off the U.S.
  • The interest rates were 2-3%, and the terms were 3-5 years.
  • rate and cost of funds.
  • The rate on these loans is going to be 2%.
TX

Texas 89th Regular

Land & Resource Management May 8th, 2025

Land & Resource Management

Transcript Highlights:
  • I think condemnation rate is super low.
  • And we've adopted a mixed system using a moderate rate of impact fees to help address this.
  • 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 $315,000.
  • Now he's, you know, whatever his tax rate is, he's now having to pay it on $3.15.