Video & Transcript Research : 'adjuster'
Page 14 of 347
AR
Transcript Highlights:
- And I would say just in general, I think all of our nonprofits are having to adjust because the federal
- This is the year-end adjustments appropriation request.
- This is a letter from the CFO requesting prior approval of year-end adjustments to close out books on
- This is the Year-in Adjustments Appropriation Request.
- This is a letter from the CFO requesting prior approval of year-end adjustments to close out books on
MN
Transcript Highlights:
- I think getting close to 7 million, uh, to several competitive grant programs and have made an adjustment
- Uh, um, and would love to continue to make adjustments to make sure that if we do make a shift, having
- a adjustment to one of those programs. a adjustment to one of those programs.
- >
make Uh um and would love to continue to make Uh um and would love to continue to make adjustments - to make sure that if we do adjustments to make sure that if we do make<00:04:57.680>
a <00:04:
AK
Transcript Highlights:
- Projects relating to approval of contracts by the Regulatory Commission of Alaska and inflation adjustment
- Fuel Fund, relating to approval of contracts by the Regulatory Commission of Alaska and inflation adjustment
- projects, relating to approval of contracts by the Regulatory Commission of Alaska, and inflation adjustment
- impacting foreign entity participation, cost overruns, effects of project failure, and inflation adjustments
- impacting foreign entity participation, cost overruns, effects of project failure, and inflation adjustments
Summary:
The House convened with a quorum, opened with prayer and the Pledge of Allegiance, and approved the journal and the prayer for the record. The clerk read gubernatorial messages calling the legislature into a third special session and describing the call around House Bill 381, a major natural gas project bill addressing property taxes, municipal taxes, AGDC, reporting requirements, contract approval, an alternative volumetric tax, municipal impact grants, and related provisions. Messages from the Senate reported passage of a Senate-amended version of HB 381 and transmission of Senate Concurrent Resolution 203 to suspend certain rules related to the bill.
The House introduced HCR 301 and HCR 302. HCR 301, which suspends rules on carryover of bills into a special session, passed 40-0. The House then took up the Senate amendments to HB 381. The Majority Leader outlined the Senate changes, including new school funding provisions, reorganization and oversight of AGDC funds, a public project dashboard, stricter bond approval requirements, a heating fuel assistance fund, changes to the alternative volumetric tax structure and distribution of revenues, a permanent rather than sunsetted tax break, new deadlines tied to final investment decision and construction, and a new graduated income tax on certain pass-through entities. He urged members to vote no on concurrence, and the House rejected concurrence 12-28.
Because the House did not concur, the Speaker appointed a conference committee on HB 381 consisting of Representative Schrage, the Majority Leader, Representative Edgmon, and Representative Ruffridge. HCR 302, authorizing the House and Senate to recess for more than three days, passed 40-0 after members stated the recess was intended to allow conference negotiations to continue and that the body would return on a time certain. The House also received two governor-request bills, HB 3001 and HB 3002, both referred to the Finance Committee. The House then excused several members for specified absences and adjourned until July 1 at 10:30 a.m.
MN
Minnesota 2025 1st Special Session
Committee on Health and Human Services - 01/28/25
Health and Human Services
Transcript Highlights:
- Did you say it had been 32 years since it's last been adjusted, Dr. Pity?
- <00:52:46.960>
um already now operating adjustments um already now operating adjustments um - <00:53:48.119>
to for uh some operating adjustment to for uh some operating adjustment to - <01:04:07.400>
for costs which have not been adjusted for costs which have not been adjusted - On page 21 of our budget book is our operating adjustment.
Summary:
The Senate Health and Human Services Committee met on January 28, 2025, to review Governor’s budget proposals for several health-related licensing boards. The chair said no formal action would be taken and noted that final budget language was not yet available. The committee began with an overview from Bridget Anderson of the health-related licensing boards, who explained that the boards are fee-funded, operate as independent executive agencies, and handle licensing, complaints, rulemaking, and disciplinary matters. She also noted that the Board of Dentistry’s budget includes the Administrative Services Unit and criminal background check program, which can make the budget graphs appear larger than the dentistry board’s own operations.
The Board of Dentistry requested funding for a new administrative staff position, estimating about $100,000 in salary, insurance, and fringe costs, to replace support lost when an administrative position was reclassified. Anderson said the board handled more than 300 complaints last year, with cases becoming more complex, especially involving surgical and implant procedures and imaging. Members asked about dental Medicaid access, but Anderson said that issue would be better directed to DHS’s Medicaid oral health division. The Board of Behavioral Health and Therapy requested a full-time position due to rapid growth in the number of regulated professionals, from about 4,000 in 2014 to nearly 10,000 now, and also sought authority to set a fee for out-of-state applicants under the Counseling Compact, with a cap of up to $100 though the board expects to charge much less.
The Board of Podiatric Medicine asked to raise its fee ceiling, saying fees had not been increased since 1999 and that the board now faces a structural deficit of about $40,000 per year and declining reserves. Several senators expressed concern about “not-to-exceed” fee authority, calling it too open-ended and suggesting the legislature should scrutinize specific fee needs rather than approve broad ceilings. Similar concerns were raised during the Board of Chiropractic Examiners presentation, where the board sought $100,000 in additional spending authority and a fee increase after 32 years without an adjustment; members questioned the proposed ceiling approach and asked for more historical information before deciding. The Board of Dietetics and Nutrition Practice also discussed fee-setting authority, with the executive director explaining that the board had previously lowered fees without clear authority and later faced audit questions; she requested funding for a vacant administrative position, saying applications and revenues have increased sharply and no fee increase would be needed.
The final presentation began with the Board of Pharmacy, which said it serves more than 26,000 licensees and oversees the Prescription Monitoring Program and opioid product registration. The board requested an extension of previously appropriated general fund dollars through fiscal year 2027 to continue paying legal costs tied to the insulin safety net lawsuit, emphasizing that this was not a new funding request but an extension of existing authority. No votes or formal actions were taken during the meeting.
OR
Oregon 2026 Regular Session
House Interim Committee On Health Care 06/16/2026 2:30 PM
Transcript Highlights:
- There's a lot of ups and downs and adjustments that occur.
- But who's responsible for evaluating how effective something is and making adjustments?
- And if we're not, what adjustments do we need to be made? Do need to be made?
- And if we're not, what adjustments do we need to be made? Do need to be made?
- And because PTC adjusts with the second-lowest-cost silver premium...
Summary:
The committee held an informational hearing focused first on Oregon Medicaid coordinated care organization (CCO) finances and rate setting. Oregon Health Authority staff explained how 2025 CCO financial results will inform 2027 capitation rates, including reserve requirements, subcapitation arrangements, and major cost drivers such as behavioral health, pharmacy, rural hospital costs, and dental directed payments. They said the Legislature’s added 2025 funding materially improved CCO margins and that, without it, the program would have been negative overall. Members asked about retained earnings, subcapitation, behavioral health utilization, ABA therapy, and whether outcomes are being evaluated; OHA said rate setting is actuarial and that CCOs, OHA, and other partners all play roles in monitoring efficacy and access. OHA also reviewed House Bill 4039 changes intended to increase transparency and give CCOs earlier access to rate information and reconciliation exhibits.
CCO representatives then testified that the system is under significant financial pressure and that behavioral health state-directed payments, benefit changes, and federal uncertainty from H.R. 1 are reducing flexibility. CareOregon said it has lost more than $500 million over the last couple of years and is now making provider terminations and other network changes to align spending with available funding, while emphasizing that CCOs must make hard decisions about which services and providers can be sustained. Eastern Oregon CCO said rural and frontier factors, cost-based hospitals, air ambulance needs, and statewide efficiency adjustments are not fully reflected in rates, and that dental funding is especially strained. Trillium similarly warned that state-directed payments and benefit expansion pressures are constraining the global budget model and that H.R. 1 could worsen acuity and volatility. Members pressed the witnesses on who is responsible for evaluating treatment effectiveness, especially for ABA and psychotherapy, and on how utilization limits and reimbursement changes are being used to control costs.
The committee then shifted to an overview of the Affordable Care Act and Oregon’s commercial insurance market. Department of Consumer and Business Services staff explained actuarial value, metal tiers, premium tax credits, medical loss ratio rules, and the main drivers of premium rates: cost trend, utilization trend, and administrative costs. They said mandates have likely added only a limited amount to premiums over the past decade, though the exact effect is difficult to isolate, and they gave examples of how high-cost, low-volume services versus broad, high-utilization services can affect rates differently. Staff also noted that Providence Health Plan and PacificSource Health Plans are withdrawing from the individual market, though consumers should still have at least three insurer options in every county and may have four in many counties. The division said it is in the middle of reviewing proposed 2027 rates and will continue its public rate review process, including hearings and written comment.
HI
Hawaii 2026 Regular Session
TRN Public Hearing - Tue Mar 24, 2026 @ 9:00 AM HST
Transcript Highlights:
- Mahalo for this opportunity to testify. can only be adjusted uh through a can only be adjusted uh through
- and you know adjust your rates. and you know adjust your rates.
- primary driver of rate adjustments. primary driver of rate adjustments.
- in year three, a big rate adjustment in year three, right?
- <01:15:27.760>
is go back in for a rate adjustment is go back in for a rate adjustment is
Summary:
The committee heard SB 2694 SD2, which would authorize the Public Utilities Commission to create automatic adjustment mechanisms for water carriers, including a water carrier inflationary cost index, and to waive certain requirements under the Hawaii Water Carrier Act. Testimony was sharply divided. The Department of Transportation, Young Brothers, and several shipping, harbor, labor, and business-related supporters argued the bill would modernize regulation, reduce the need for large catch-up rate cases, and help keep rates aligned with rising costs. Young Brothers said its current rate-setting process is expensive and delayed, and that annual adjustments with guardrails such as a 5% cap and periodic full reviews would support sustainable operations and the state’s supply chain. Some supporters also said the company’s less-than-container-load service and required inter-island routes create costs that are not fully covered by current rates.
Opponents, including the Consumer Advocate, the Maui Chamber of Commerce, Hawaii Food Industry Association, restaurant and chamber groups, and other businesses, argued the bill would lead to higher costs for consumers and businesses and should not move forward. Several testified that shipping costs already significantly affect pricing and that automatic increases would worsen the cost of living. The Consumer Advocate said Young Brothers should focus on cost control and implementing its business plan rather than automatic rate increases. The Maui Chamber and others pointed to a recent PUC decision that imposed a two-year stay on rate increases and said the bill would undermine that protection. Some opponents urged the committee to defer to the PUC’s regulatory authority.
The PUC explained that it regulates water carriers as public utilities under existing statute and said it had recently approved a temporary rate increase while imposing a two-year stayout period on further increases, with emergency relief still possible. PUC members said they were still examining whether they have authority to adopt the proposed WICI mechanism by rule and wanted legislative clarity. In response to questions, the PUC said it prefers the current two-year stayout as reflected in its order. Young Brothers also clarified that it serves less-than-container-load cargo, that some routes and services are cross-subsidized because they are not profitable, and that an independent observer is being put in place to monitor implementation of its updated business plan. The transcript ended with the committee still taking questions; no final vote or disposition on the bill was shown.
NH
New Hampshire 2026 Regular Session
House Executive Departments and Administration (03/18/2026)
Executive Departments and Administration
Transcript Highlights:
- c><01:03:40.880>
match <01:03:41.039>the adjust the statute to match the adjust the statute - It's, um, handling or adjusting claims.
- So you kind of act as if you would adjust, but it doesn't actually include the adjustment.
- Hampshire still requires 200 adjustments Hampshire still requires 200 adjustments before<04:17:46.479
- 200 adjustments. Yes. 200 adjustments. Yes.
AZ
Transcript Highlights:
- Every year, the federal tax code gets adjusted, sometimes oftentimes.
- But there's obviously a simplicity to the tax code when you align with the federal adjusted gross income
- to or a change in the statute that affects the adjusted gross income.
- With respect, it is not a practical solution because in one instance their federal adjusted gross income
- So if we do not adjust that up and say it no longer conforms to 2024, it now conforms Adjust that up
Keywords:
public funds, virtual currency, bitcoin, investment, Arizona Strategic Digital Asset Reserve Act, state treasurer, retirement system, state payments, cryptocurrency, Arizona law, payment methods, government transactions, tax lien, property tax lien, real property tax lien, foreclosure, right of redemption, redeem, excess proceeds, county abatement lien
Summary:
The House Ways and Means Committee considered a series of Senate bills and one concurrent resolution, with several measures involving virtual currency, county tax liens, tax conformity, and retirement system investments. The chair announced that Senate Bill 1503 would be held at the sponsor’s request and noted this was likely the committee’s last meeting of the session. The committee also heard testimony on Senate Bill 1042, which would allow state treasurer and retirement system funds to invest up to 10% in virtual currency holdings, and Senate Bill 1043, which would allow state agencies to accept virtual currency payments through agreements with providers. Members raised concerns about volatility and government involvement, but both bills were described as permissive rather than mandatory and were returned with due pass recommendations by 5-3 votes.
The committee then took up Senate Bill 1067, dealing with county cleanup assessments for blighted properties in unincorporated areas. Chairman Olson offered an amendment removing the bill’s property-tax-bill mechanism and instead preserving county liens so cleanup costs could survive a tax lien sale. County representatives and the County Supervisors Association supported the amended approach as a way to recover costs and make counties whole. The amendment was adopted unanimously, and the bill as amended passed 8-0. Senate Bill 1292, clarifying that the Public Safety Personnel Retirement System’s 5% voting-stock cap applies to publicly traded corporations, also passed with broad support after testimony from PSPRS.
Two tax-administration bills prompted extended debate. Senate Bill 1180 would direct the Department of Revenue to prepare tax forms based on conformity to the Internal Revenue Code unless the legislature enacts nonconformity; Chairman Olson’s amendment limited the presumption to provisions that reduce federal adjusted gross income or taxable income, reflecting concerns about automatic tax increases. The sponsor said the bill was meant to clarify legislative intent and prevent executive overreach, while several members said the amended version was materially different from the original. The amendment and the bill as amended both passed 5-3. Senate Bill 1221 would require DOR to notify the House Ways and Means and Senate Finance chairs before adopting new interpretations or applications of tax law that adversely affect taxpayers and to testify if hearings are held; an intent amendment was adopted, and the bill passed 5-3 amid debate over the meaning of “adversely.”
Finally, Senate Concurrent Resolution 1033, which encourages the Arizona State Retirement System and PSPRS to monitor digital asset exchange-traded funds and report on feasibility, risks, and benefits before the next session, was approved 5-3. Some members objected to the use of “encourage” and to the underlying cryptocurrency policy, while supporters said the resolution simply sought information and did not mandate investment. The committee then adjourned.
VT
Vermont 2025-2026 Regular Session
Senate Session - 2026-04-30 - 11:00AM
Vermont Senate Floor Meeting
Transcript Highlights:
- So, we've got a $20 million adjustment.
- doing less, we would adjust the fees. doing less, we would adjust the fees.
- no ability to adjust no ability to adjust for<00:56:01.320>
that <00:56:01.760>change< - to adjust for that change. to adjust for that change.
- last year, we just made an adjustment last year, we just made an adjustment going<01:29:39.040><
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 2 on Human Services May 21st, 2025
Transcript Highlights:
- So this is just a technical adjustment.
- Our adjustments are really technical adjustments.
- The first item is a technical baseline adjustment to our budget.
- The next item is a federal fund authority adjustment.
- adjustment to the Federal Trust Fund, and that's all I have. ...setting net-zero adjustment to the Federal
Summary:
The hearing began with opening remarks on the Governor’s May Revision for child care and human services, with committee members and advocates stressing that the budget should not be balanced on the backs of low-income families, children, and providers. Legislative members and public witnesses strongly opposed the proposed suspension of the child care COLA, reductions to the Emergency Child Care Bridge Program, and the lack of codified rate reform tied to the alternative methodology. Several speakers also urged more support for providers affected by the Eaton fire and other disasters, and called for child care to be funded at the true cost of care and for additional slots to be restored.
Administration, LAO, and Department of Education staff described the child care proposal as maintaining existing funding levels while adding administrative resources to prepare for federally required prospective payment changes and single-rate reform. The administration said the May Revision would suspend the 2025–26 COLA and reduce Bridge Program funding to align with utilization, while the LAO raised questions about the size and purpose of the proposed rate-reform and prospective-payment funding and recommended rejecting a Department of Technology exemption. CDE supported continued early education investments but said it would need additional resources if prospective pay were extended to state preschool, and it objected to a proposed reallocation of preschool funds for inclusive education grants.
The committee then moved to the IHSS portion of the May Revision. DSS outlined five major proposals: capping provider work hours at 50 per week, eliminating IHSS for undocumented adults age 19 and older, shifting certain Community First Choice reassessment penalties to counties, reinstating the Medi-Cal asset test as a conforming IHSS reduction, and automating the termination of IHSS when Medi-Cal eligibility ends. DSS also discussed funding to implement a federal HCBS access rule and a separate reassessment of IHSS administrative methodology that found counties would need additional administrative funding. Finance said the proposals were intended to slow program growth and improve sustainability, while the LAO said it was still analyzing the package and raised concerns about implementation, county workload, and the potential loss of services.
Committee members and public commenters criticized the IHSS cuts, especially the overtime cap and the elimination of services for undocumented adults and people affected by the asset test. Advocates argued that IHSS workers and recipients depend on these services, that county administration is already underfunded, and that the proposals could destabilize vulnerable consumers. The chair closed by saying the committee would continue to fight for child care and would not pause on child care, and the meeting recessed before moving on to the remaining May Revision items.
MN
Minnesota 2025-2026 Regular Session
Working Group on Omnibus Transportation Bill - 06/06/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- um there were operating adjustments um there were operating adjustments sprinkled<00:04:31.120><
- The rest are operating adjustments.
- Uh and items are operating adjustments.
- Then, starting on page six, there's two operating adjustments, and then operating adjustments for State
- two operating adjustments um and then<00:14:09.040>
operating <00:14:09.440>adjustments
TX
Texas 89th Regular
Press Conference: Texas State Employees Pay Raise Jan 27th, 2025 at 11:01 am
Transcript Highlights:
- given 20, 30, or even 40 years of their lives to public service, haven't received a cost-of-living adjustment
- The last time Texas retirees received a cost-of-living adjustment, a gallon of gas cost $1.60.
- given 20, 30, or even 40 years of their lives to public service, haven't received a cost-of-living adjustment
- The last time Texas retirees received a cost-of-living adjustment, a gallon of gas cost $1.60.
- Representative John Busey: So, for the COLA, for the cost of living adjustment?
Keywords:
Texas state employees, retirees, compensation, House Bill 343, House Bill 247, Senator Sarah Eckhardt, Representative John Busey, cost of living, workforce, legislative session
Summary:
The committee meeting focused on critical issues facing Texas state employees and retirees, highlighting the need for increased compensation and improved benefits. Senator Sarah Eckhardt and Representative John Busey presented new legislation aimed at addressing these longstanding problems, including proposed House Bills 343 and 247, which seek a $10,000 across-the-board pay increase for state employees. Senator Eckhardt emphasized the growing wage gap between public sector jobs and private sector offerings, which has led to high turnover rates and the loss of institutional knowledge. Public testimonies underscored the urgency of the issue as retirees shared their struggles with stagnant pensions amidst rising living costs.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 6 on Public Safety May 18th, 2026
Transcript Highlights:
- The budget cycle also affords opportunities to make adjustments to the backfill.
- The budget cycle also affords opportunities to make adjustments to the backfill, notably in the fall
- Additionally, there are population change adjustments that are in there.
- While the adjustment reflects a reduced amount, this is consistent with previous adjustments, as the
- We'll adjust it annually based on the markers identified in the proposal.
Summary:
The subcommittee met to review May Revision proposals for several departments and emphasized that no votes would be taken that day. The Legislative Analyst’s Office opened with a warning that the state budget is balanced only through one-time resources and still has structural deficits, recommending that the Legislature avoid new ongoing spending and instead preserve reserves and other solutions. The Judicial Council then presented proposals for language access and interpreter services, appellate court security, a backfill to the state court facilities construction fund, and an extension of the lactation-room mandate; Finance supported the language access item with reporting language and supported keeping the court facilities backfill. Members raised concerns about judicial pay freezes, judge vacancies, and uneven judge allocations across counties, and also asked about the cost and completion of courthouse lactation rooms and remote-hearing infrastructure.
The Board of State and Community Corrections items focused on $10 million one-time grants for missing and murdered Indigenous people and for a human trafficking vertical prosecution program. The LAO suggested the Legislature consider whether the Tribal Nations Grant Fund could support the MMIP work, while Finance said it preferred General Fund support and wanted more review before any fund swap. On the human trafficking grant, Finance said the need was clear based on reported cases and California’s share of hotline reports. Members strongly supported MMIP funding and discussed whether ongoing funding would be needed beyond the one-time proposal, while also debating whether BSEC or OES should administer the prosecution grants.
The Department of Justice presented antitrust litigation funding, Medi-Cal fraud and elder abuse staffing, organized retail criminal enterprise case completion, and a continuous appropriation for the Victims of Consumer Fraud Restitution Fund. The LAO raised concerns about the Unfair Competition Law Fund’s solvency and recommended rejecting that portion unless DOJ could show the fund could support it without General Fund repayment, and it opposed the continuous appropriation in favor of more legislative oversight. Finance said the fund would remain solvent under current projections and defended the continuous appropriation as necessary to pay victims promptly. Members also clarified that the Medi-Cal fraud unit targets providers, not beneficiaries, and asked about delays in restitution payments.
A lengthy portion of the hearing covered CDCR’s May Revision package and the Boston Consulting Group cost-savings effort. CDCR described revised savings from workforce optimization, workers’ compensation, and procurement, but members repeatedly expressed frustration that the promised savings had fallen far short of earlier estimates. The LAO recommended deeper cuts to some parole positions, more detail on proposed eliminations and contract changes, and caution about counting unallocated future savings. CDCR also presented population projections showing continued declines and the LAO again urged the administration to close a prison to reduce ongoing costs. The committee also heard proposals on workers’ compensation, Corcoran honor housing, incarcerated firefighter pay, agricultural food purchasing requirements, menopause care, mental health receiver staffing, resource teams, crisis intervention teams, medical classification staffing, and AI note-taking in electronic health records, with the LAO generally recommending limited-term approvals and reporting requirements while Finance defended ongoing funding and said it was open to additional reporting language.
TX
Texas 89th Regular
Appropriations - S/C on Article II Feb 25th, 2025
Appropriations - S/C on Article II
Transcript Highlights:
- Adjust the 2024-25 base as submitted by HHSC to account for updated information.
- A full list of base adjustments can be found on page 34 of your packet.
- The full list of adjustments is included below.
- Reflected is an increase from the 2024-2025 adjusted base. From appropriation.
- This is a method of finance adjustment.
MN
Transcript Highlights:
- c> would some adjust adjustments, but I would some adjust adjustments, but I would really<00:07:27.599
- what you're willing to adjust.
- . adjust. adjust.
- , I think when you add up our adjustments, I think when you add up our adjustments, they<00:26:27.360
- Um, but I to to make adjustments on.
MN
Transcript Highlights:
- <00:07:47.360>
take when Municipal boundary adjustments take when Municipal boundary adjustments - We're looking forward to being able to make that adjustment as well.
- <00:19:55.520>
as that adjustment as that adjustment as well<00:19:57.600>um <00:19 - <00:21:22.400>
um like this is a necessary adjustment um like this is a necessary adjustment - <00:21:24.720>
um and I think a minor adjustment um and I think a minor adjustment um because
ND
North Dakota 2026 1st Special Session
Employee Benefits Programs Committee May 7th, 2026 at 10:00 am
Employee Benefits Programs Committee
Transcript Highlights:
- It's adjusted and aged, so it's essentially current data.
- I just mentioned we made some progress with the targeted market equity adjustments.
- There have been some additional equity adjustments.
- And, adjustments, which I have no idea what that means.
- There have been some additional equity adjustments.
OK
Oklahoma 2026 Regular Session
Appropriations and Budget Education Subcommittee Jan 22nd, 2026 at 09:00 am
A&B Education Subcommittee
Transcript Highlights:
- We are looking for a 6% salary adjustment for our staff to retain our dynamic team.
- We passed cost of living adjustments in 2002, 2004, 2006, 2008.
- You can see the cost of each one of those cost of living adjustments in that right-hand column.
- And then we make Adjustments to the plan design in that way as well to ensure that we will have money
- And then we had an unfunded cost of living adjustment or retirees Either got a 2% COLA or a 4% COLA,
NH
Transcript Highlights:
- based on the way the revenues are predicted and the sources they're coming from, it allows us to adjust
- coming from, it allows us to adjust it. coming from, it allows us to adjust it.
- Uh, working with the department, we made some adjustments to those changes.
- <00:16:25.519>
Uh some adjustments to those changes. - Uh some adjustments to those changes.
DE
Delaware 2025-2026 Regular Session
House Revenue - Finance Committee Meeting Jun 17th, 2026
Transcript Highlights:
- The deduction phases out for modified adjusted incomes above $75,000 for single filers, or $150,000 for
- For the lowest-income tip workers, those with federal adjusted income gross income under $40,000 single
- The deduction phases out for modified adjusted incomes above $75,000 for single filers, or $150,000 for
- The deduction phases out for modified adjusted incomes above $75,000 for single filers, or $150,000 for
- For the lowest-income tip workers, those with federally adjusted gross incomes under $40,000 single or
Summary:
The House Revenue and Finance Committee met to consider two tax-related measures sponsored by Representative Holofsky. The first was House Substitute 1 for House Bill 386, the Tipped Worker Tax Relief Act of 2026, which would allow a temporary Delaware income tax deduction of up to $15,000 for qualified tips for tax years 2027 through 2029, with phaseouts at higher incomes and a refundable credit for lower-income workers. Committee discussion focused on whether the bill applied to residents and non-residents, whether credit-card tips were included, the need for an updated substitute, and the expected fiscal impact. The Office of the Comptroller General said the bill would likely reduce general revenue and that the fiscal note had not yet been fully reviewed, while Deputy Secretary Goldsmith said the Department of Finance could administer it and that implementation costs would be modest. After public comment, the committee voted on a motion to release the bill, but it did not receive enough votes, so the chair said she would walk it for additional signatures.
The committee then heard Senate Bill 219, which would phase in an increase in the military pension income exemption from $12,500 to $25,000 by tax year 2029. Representative Holofsky argued the measure would help attract and retain military retirees, support the economy, and provide a strong return on investment through spending, taxes, and community participation. Members raised concerns about whether the benefit should be income-based, with one member arguing that higher-income retirees may not need the tax break, while supporters emphasized the multiplier effect and the value of veterans to the state. Public testimony from Veterans of Foreign Wars representatives strongly supported the bill and described how the exemption could influence retirement decisions and local economic activity. A motion to release the bill also failed to get enough votes, and the chair said she would walk it for signatures before adjourning the meeting.