Video & Transcript Research : 'CAP'

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MO

Missouri 2026 Regular Session

Special Committee on Property Tax Reform Jan 13th, 2026 at 12:00 pm

Special Committee on Property Tax Reform

Transcript Highlights:
  • It's just going to cap that increase the same way real estate is capped.
  • The cap is CPI or Hancock. That's the cap.
  • So you're not willing to put a different cap? No, I don't think it should have a cap. All right.
  • It has a cap.
  • But it's not capped at 15%. It's not a hard cap at 15. Okay. Okay. Thank you.
Keywords: 959, house, all
FL

Florida 2025 Regular Session

March 13, 2025 - 01:00 PM

Transcript Highlights:
  • The bill does not include any caps.
  • My issue has to do with the cap, like everybody has mentioned that.
  • And we have to make sure we have a cap because it just happened two days ago.
  • I keep hearing cap, cap, cap.
  • My issue has to do with the cap, like everybody has mentioned that.
Summary: The committee met with a quorum and heard five bills. HB 1097 would rename the Florida Catastrophic Storm Center at FSU as the Florida Center for Excellence in Insurance and Risk Management, transfer the public hurricane loss projection model from FIU to FSU, and provide recurring and nonrecurring appropriations to support independent insurance research and collaboration with OIR and other universities. Members discussed university roles, model oversight, independence from industry funding, and student/workforce benefits. The bill passed favorably on a roll call vote. HB 319 would create a regulatory framework for virtual currency kiosk businesses, requiring registration with the Office of Financial Regulation, consumer disclosures, and penalties for violations. Much of the discussion focused on fraud prevention, especially for seniors, and whether the bill should include transaction caps or stronger recovery tools; AARP supported the bill but urged additional protections. The bill passed favorably. CS/HB 385 made technical changes to the Florida Trust Code and Community Property Trust Act, including decanting, trustee claims, redemption by satisfaction, and homestead transfer treatment; an amendment conforming to the Senate version was adopted, and the bill passed favorably. CS/HB 97 would allow service of process for exploitation injunctions against unascertainable scammers through the same communication method used to contact the victim, such as text or social media, and would let courts freeze funds temporarily while the matter is heard. Testimony from elder law practitioners and AARP supported the bill as a tool against scams, while some members raised due process and overreach concerns; the bill passed favorably. HB 839 would shorten the overpayment recovery window for claims submitted to psychologists and HMOs to match other health providers, with the goal of improving parity and access to mental health care; an amendment was adopted, and the bill passed favorably. The meeting concluded with adjournment after the final roll call votes.
NM
Transcript Highlights:
  • White was saying, every time we increase the cap, every time we increase the cap, that cap applies to
  • or don't reach the cap percentages.
  • At that point, because the cap has already been paid out.
  • A cap. The current cap is $60,000 for money benefits and $60,000 for medical.
  • The increase in minimum wage was a 4% cap on the index.
NH

New Hampshire 2026 Regular Session

House Commerce and Consumer Affairs (04/08/2026)

Commerce and Consumer Affairs

Transcript Highlights:
  • So if we were to cap, if we were to put caps and the company says we can't abide by the caps, we're going
  • So if we were<00:19:42.160> to<00:19:42.400> cap were to cap were to cap if<00:19:44.320
  • >> There is a cap. >> There is a cap.
  • Some states put a fee cap in. So you'll see a fee cap.
  • using a cap of $3,000, the $3,000 cap using a cap of $3,000, the $3,000 cap should<01:53:40.400>
Keywords: 928, house, all
Summary: The subcommittee focused primarily on a bill concerning long-term care insurance rate increases and consumer notice. Members and staff discussed replacing or supplementing a proposed public hearing requirement with annual reporting, website updates, and consumer-facing disclosures about approved rate increases, carriers writing the products, and how the products work. Several participants emphasized that long-term care policies are long-term products, that rate increases can be spread over many years for actuarial reasons, and that consumers need better information about trends and the impact of increases. A major point of disagreement was whether the bill should try to cap premium increases. One member argued the real problem is unexpected increases of 15% to 20% and urged a statutory cap to protect consumers. Insurance department representatives and others responded that hard caps had been struck down in prior case law, that the department’s core responsibility is solvency, and that carriers need sufficient premium to pay future claims. They also said the market is struggling because many carriers stopped selling the product, leaving in-force policies to bear the cost, and that overly restrictive caps could cause insurers to withdraw from the state. The discussion then shifted toward a compromise requiring carriers to notify policyholders before a rate increase is approved and allowing a 60-day comment period. Participants debated whether the notice should come from the carrier, how confidentiality rules would apply before approval, and what the department should do with public comments. The department said it already reviews filings carefully and that submitted rates are often adjusted before approval; lawmakers noted that prior commissioners had pushed back on increases in some cases, including a seven-year moratorium. No final vote was taken in the excerpt, and the chair repeatedly tried to move the subcommittee along to other bills.
CA
Transcript Highlights:
  • However, the $250,000 cap has remained unchanged since 2000.
  • But it is a cap, as was mentioned by our witness, rather than a floor.
  • So the contracts still come in for less than that, but that is the cap. Thank you.
  • So by not increasing that cap in today's ...significantly impacting the cost of goods.
  • Under the current cap, so they were able to get those contracts.
Summary: The committee heard several measures focused on economic development, procurement, workforce equity, federal infrastructure funding, and food security. SB 1044 by Senator Reyes would raise and then index to inflation the cap for streamlined state contracts awarded to certified small businesses, microbusinesses, and disabled veteran business enterprises for services and IT work; supporters said the current cap is outdated and limits access, while opponents representing goods suppliers and some small business groups argued the bill could disadvantage goods contractors and should preserve lower thresholds for those contracts. After discussion about the ceiling versus floor effect of the cap and the impact on different types of businesses, the bill was approved as amended and sent to Appropriations. SB 247 by Senator Smallwood-Cuevas would create a bid preference for projects that hire workers from disadvantaged communities; supporters framed it as a way to connect public infrastructure spending to family-sustaining jobs, while union construction employers opposed it because they said they cannot control worker dispatch through hiring halls and the bill would be difficult to implement. The committee advanced the measure to Appropriations despite those concerns. The committee also approved SJR 6 by Senator Cortese, which urges the federal government to honor commitments under the bipartisan infrastructure law, CHIPS and Science Act, and Inflation Reduction Act, with supporters emphasizing the importance of certainty for California infrastructure, clean energy, and semiconductor investments. SB 1025 by Senator Hurtado would establish an Office of Food Security and Affordability to coordinate food assistance efforts and develop a statewide food security strategy; supporters from a Kern County food bank and the University of California said the state’s response to hunger is fragmented and needs better coordination, while committee members asked about deliverables and timelines. The bill was sent to Appropriations. The committee also took up consent items SB 700 and SB 1340, which were moved on consent to Appropriations, and the hearing ended with the remaining votes recorded and the bills advanced. Throughout the hearing, members repeatedly discussed the need for clearer implementation details, data on program impacts, and how to balance equity goals with operational realities for state agencies, contractors, and small businesses.
OK

Oklahoma 2026 Regular Session

Banking, Financial Services and Pensions REVISED: HB1182 - Removed Feb 17th, 2026 at 03:00 pm

Banking, Financial Services and Pensions

Transcript Highlights:
  • There's no cap, unlike teachers, where they're capped at $15,000.
  • Representative, for me and for the public, can you explain the caps, the $60,000 and the $90,000 caps
  • And then the $90,000 cap—touch that one more time.
  • then I'm good with capping them.
  • They're not included in the cap provision? Right, in the $90,000 cap. Okay.
VT

Vermont 2025-2026 Regular Session

Senate Session - 2026-03-20 - 11:00AM

Vermont Senate Floor Meeting

Transcript Highlights:
  • this year it would have put a soft cap this year it would have put a soft cap on<00:58:34.400>
  • a hard cap. a hard cap.
  • and it will be a a a hard a hard cap and it will be a hard<01:29:08.320> cap<01:29:09.200>
  • they could be impacted by this cap. they could be impacted by this cap.
  • , Uh it was a blunt instrument hard cap, Uh it was a blunt instrument hard cap, but<01:45:59.680>
Keywords: 927, senate, all
LA

Louisiana 2026 Regular Session

House of Representatives May 19th, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • It moves the cap from $150,000 to $350,000 per year, with a cap of $4 million to be drawn out of the
  • Let's see, current law is a flat $5 million annual cap.
  • The bill keeps a $5 million cap, but adds a new percentage-based alternative cap, whichever is greater
  • The bill keeps a $5 million cap, but it adds a new percentage-based alternative cap that allows operators
  • The revenue source or cap on total statewide impact is included.
TX

Texas 89th Regular

89th Legislative Session May 22nd, 2025

Texas House Floor Meeting

NM

New Mexico 2026 Regular Session

House - Health and Human Services Jan 30th, 2026 at 08:34 am

House Health & Human Services

Transcript Highlights:
  • She noted that Indiana has medical malpractice caps and punitive damage caps.
  • and punitive damage caps.
  • to our other caps.
  • So non-economic caps will equal punitive caps.
  • So they are eligible for the caps. They are working under the caps. Thank you, Madam Chair.
Keywords: 996, all
ND

North Dakota 2025-2026 Regular Session

Budget Section Jun 24th, 2026

Transcript Highlights:
  • So that's about $44 million over the cap.
  • But they did achieve the cap.
  • and allow it to grow to a slightly higher cap.
  • However, it wasn't because of the 3% cap.
  • However, it wasn't because of the 3% cap.
Summary: The Budget Section approved the March 18 minutes and received an OMB update showing the general fund is still ahead of the budgeted starting point, but revenues through May are now about $76 million below the legislative forecast, driven mainly by individual income tax and sales tax shortfalls. OMB also reported the budget stabilization fund is above its cap, meaning a transfer to the general fund is expected, and reviewed oil price/production assumptions, noting continued volatility. Members asked about the income tax netting process, the sales tax decline, oil price discounts/premiums, natural gas taxation, and when the executive branch would present its revenue forecast. The committee then acted on several Emergency Commission requests. It approved, as a group, requests for federal mine reclamation funds for the Public Service Commission, an additional criminal investigator FTE and funding for the Attorney General’s office, and a DPI transfer for bridge software costs. It separately approved DPI request 2164 for $500,000 to support the food vendor program after debate over whether the program’s savings were known and whether the money was simply a pass-through. OMB also reported on federal grants, fiscal irregularities, tobacco settlement proceeds, budget guidelines for agencies, FTE pool usage, vacancy savings, and the DAPL settlement, noting the settlement funds had been deposited and that a deficiency appropriation may be needed later to cover remaining accrued interest. Tax Commissioner Brian Kroshus presented on the primary residence credit program, saying participation has grown sharply and that the current biennium will likely need about $431 million, roughly $22 million above the appropriation. He explained how the credit interacts with homestead and disabled veteran benefits, how the 3% property tax cap works, and why county valuations and mill rates vary. The committee also received a Legacy Fund/Budget Stabilization Fund report showing strong returns, and DOT Director Ron Henke received approval for two Flex Fund highway projects on ND 49 and ND 31. Henke also explained remaining Highway 85 funding and said the department is exploring uses for leftover state dollars. Finally, the Department of Mineral Resources reported on abandoned well plugging and site restoration, noting North Dakota remains in relatively strong shape compared with other states, and DPI began a presentation on gap funding tied to the 3% levy cap, reporting 24 districts received $1.8 million in the first year and projecting higher future needs.
MN

Minnesota 2025-2026 Regular Session

Senate Floor Session - Part 3 - 05/17/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • And how do we stop this money from continuing to go out if we don't have a sunset or cap?
  • And how do we stop this money from continuing to go out if we don't have a sunset or cap?
  • And how do we stop this money from continuing to go out if we don't have a sunset or cap?
  • And how do we stop this money from continuing to go out if we don't have a sunset or cap?
  • There's no here is the number of days, here's the cap.
Keywords: 1187, senate, all
FL

Florida 2025 Regular Session

March 20, 2025 - 11:30 AM

Transcript Highlights:
  • The bill will increase the sovereign immunity financial caps for damages.
  • , or the cap has... ...liability insurance merely because there is no longer a cap in place, or the cap
  • right now, and a 900% increase to the per-incident cap that's in the current statute.
  • right now, and a 900% increase to the per incident cap that's in the current statute.
  • Caps, the sky was also going to fall.
Summary: The Budget Committee met with a quorum and took up several bills. HB 677, relating to state-covered fertility preservation for employees undergoing cancer treatment, was introduced as coverage for egg and sperm preservation for up to three years, with an estimated fiscal impact of about $813,000. After brief questions and no public testimony or amendments, the bill passed unanimously and was reported favorably. The committee then considered CS/HB 59, which would reform Florida’s wrongful incarceration compensation process by extending the filing deadline from 90 days to two years, removing the clean-hands requirement, and allowing exonerees to choose between the state compensation process and a civil lawsuit; it was supported by the City of Flagler Beach and passed unanimously. CS/HB 1313, which recreates the Resilient Florida Trust Fund in the Department of Environmental Protection before its scheduled termination in 2025, also passed unanimously after supportive testimony from advocacy groups. The committee received a lengthy presentation from the Department of Management Services on the State Group Insurance Program and the recent Revenue Estimating Conference. The presentation covered enrollment, revenues and expenditures, rising medical and pharmacy costs, emergency room utilization, GLP-1 drug spending, and options for tighter formulary and utilization management. Members asked about ER cost growth, GLP-1 coverage and copays, PBM oversight and potential conflicts, avoidable ER visits, cancer screening claims, dental and vision costs, specialty drug biosimilars, and possible savings from more restrictive pharmacy models. DMS said it would follow up on several questions and noted ongoing work on cancer coordination, preventive screening, biomarker testing, and a proposed member-facing benefits platform. The committee also heard extensive testimony on HB 301, which would raise sovereign immunity caps from $200,000 per person and $300,000 per incident to $1 million and $3 million, align limitations periods with private claims, and allow government entities to settle above the caps without a claims bill. Local governments, school-related entities, and county and city associations opposed the bill, warning of major fiscal impacts, higher insurance costs, and pressure on services; several speakers urged smaller increases or a tiered approach. Proponents, including families affected by catastrophic injury or death, argued the current caps are too low and the claims bill process is inefficient and unfair. After debate, the bill passed on a recorded vote, with some members voting no, and was reported favorably.
FL
Transcript Highlights:
  • ESPECIALLY IF YOU EXCEED THE CAP WHEN YOU ARE STILL A CHILD, HOW WILL THAT PLAY OUT?
  • THANK YOU FOR ALLOWING IT TO GET THIS FAR WITHOUT CAPS. THAT IS IMPERATIVE.
  • THERE SHOULD BE NO CAP ON ACCOUNTABILITY WHEN IT COMES TO VALUING HUMAN LIFE.
  • YET THIS IS EXACTLY WHAT THEY ARE DOING BY REQUESTING THESE CAPS PLACED ON THIS BILL.
  • A FEW OF THOSE BEING THE NO CAP. I LEARNED ABOUT THIS A LITTLE WHILE BACK.
Keywords: 999, senate, all
WY

Wyoming 2026 Regular Session

House Floor Session-Day 19, March 4, 2026-AM

Wyoming House Floor Meeting

Transcript Highlights:
  • That cap stops at $500 million.
  • That cap stops at $500 million.
  • gentlemen, we have a cap on that. gentlemen, we have a cap on that.
  • That cap stops at $500 million. That cap stops at $500 million.
  • <01:23:19.360> We've try to cap this a little bit. We've try to cap this a little bit.
Keywords: 916, all
TX

Texas 89th Regular

State Affairs (Part II) Mar 31st, 2025

State Affairs

Transcript Highlights:
  • There is no cap. It does not limit.
  • This law doesn't cap the bill; it caps the recovery at trial. The bill remains.
  • Did I hear you correctly say this bill doesn't cap the bill; it caps the recovery? That's correct.
  • I can tell you this—caps need to be taken out, and they say they're not caps, they are caps.
  • So, and that's capped. I would agree aggressively that this is a cap, unequivocally.
Summary: The Senate Committee on State Affairs convened to discuss several critical pieces of legislation including SB30 and SB38. Senator Betancourt introduced a committee substitute for SB38 which underwent a smooth adoption process, moving it favorably toward the Senate. The meeting featured a mix of invited testimonies where both proponents and opponents took the floor. One notable highlight included a testimony from Melissa Casey, who criticized the current legal state as prone to fraud and detrimental to both insurers and the public at large, contending that it inflated insurance costs across the board. The discussions delved deeply into the implications of the bills on judicial processes and potential insurance ramifications, with spirited debates surrounding issues of non-economic damages and jury rights. The atmosphere remained engaged as committee members heard varied perspectives on the bills, showcasing a robust democratic process. The meeting underscored the importance of public testimony in shaping legislation, ensuring that multiple voices were considered as the committee pressed on towards making decisions that affect the legal landscape of Texas.
CO

Colorado 2026 Regular Session

Colorado Senate 2026 Legislative Day 092 Apr 15th, 2026

Colorado Senate Floor Meeting

Transcript Highlights:
  • Without<04:36:46.119> the<04:36:46.240> cap, Without the cap, Without the cap, there<04
  • . cap. cap.
  • you track a cap of 750? you track a cap of 750?
  • This is a cap.
  • that cap. that cap.
Keywords: 981, all
Summary: The Senate convened with a quorum, approved the journal, and received several committee reports. The Finance Committee reported Senate Bills 155, 49, and 116 with amendments and favorable referral to Appropriations, and House Bill 1188 favorably to Appropriations. The Business, Labor, and Technology Committee reported House Bill 1110 with amendments and a favorable recommendation to the Committee of the Whole, placed on the Consent Calendar, and also recommended confirmation of several appointments, including members of the State Plumbing Board, State Electrical Board, and Workers’ Compensation Cost Containment Board. The chamber then proceeded out of order for personal privileges and a resolution honoring Alpha Kappa Alpha Sorority, Inc., including recognition of visiting members and students participating in its Capitol Day. The Senate next took up House Joint Resolution 1027 concerning remembrance of the Holocaust. The resolution emphasized the history of the Holocaust, rising anti-Semitic incidents, the importance of Holocaust and genocide education, and the need to confront hate and otherization. Senators Weissman and Ball spoke in support, stressing the dangers of hateful rhetoric, the need for vigilance and compassion, and the importance of learning from history. HJR 1027 passed unanimously by roll call, 35-0, and the roll call was listed as co-sponsors. Announcements followed recognizing the Sikh community’s Vaisakhi observance and a langar lunch at the Capitol, along with a proclamation for Sikh Awareness Appreciation Month. There were also notices about a Republican caucus, a Legal Services Committee meeting on Senate Bill 2683 and a litigation update, and a brief personal privilege remark about tax day and agriculture. The Senate then recessed until 10:30 a.m., later raised the call, and moved into special orders for second reading of a large group of House bills on the Consent Calendar.
CA
Transcript Highlights:
  • Between CCTR and CAP.
  • , and that because the average cost of CAP is lower, slots are reduced with CAP to absorb these federal
  • So, for instance, CCTR to CAP.
  • A similar size reduction in General Child Care and in CAP will continue to affect more slots in CAP than
  • We oppose the CalPACE rate caps and the tax.
Keywords: 987, senate, all
Summary: The subcommittee first heard May Revision items for child support, child care, and related human services. The Department of Child Support Services described two technical adjustments, which the LAO said raised no concerns. The Department of Social Services then walked through child care proposals, including a shift in how federal and Proposition 64 funding reductions would be absorbed, a 2.01% COLA, disaster-related child care infrastructure grants, an increase in in-contract administrative support costs for alternative payment agencies, reversion of prospective-pay implementation funding after a federal rule change, a one-time allocation to cover the first quarter of Cost of Care Plus payments in the next fiscal year, reappropriation for existing infrastructure grant closeout work, and estimates of unspent child care funds. The department also outlined trailer bill language on a single rate structure, site safety and emergency procedures, CalWORKs child care data sharing, and child care oversight. The LAO recommended that the Legislature seek more justification for shifting reductions from General Child Care to the Alternative Payment Program, noting that CAP reductions affect more slots and that General Child Care has had significant unspent funds. It supported removing prospective-pay funding, but recommended rejecting the administrative cost shift to a percentage-based rate because it could create future General Fund pressure. It also suggested the Legislature review alignment between the disaster grants and the child care infrastructure program. Senators and members pressed the administration on why the budget would reduce child care slots and COLA percentages while the state still has waitlists and unspent funds, and questioned the need for early funding of Cost of Care Plus payments and the move from a flat administrative amount to a percentage. Public commenters, including providers, advocates, county offices, and infrastructure partners, urged full COLA funding, preservation of child care slots, support for prospective pay, and continued investment in child care access and facilities. After a short recess, the committee moved to Part B on health and heard the Department of State Hospitals. DSH presented a May Revision budget of $3.2 billion and described proposals for a central utility plant replacement at Metropolitan State Hospital, an electronic health record implementation, reduced county bed billing authority due to phased-in LPS bed capacity, limited contract exemption authority for online clinical subscriptions, reversion of prior-year unspent operating funds, and a workforce development proposal shifting some costs to Behavioral Health Services Act funds, including support for an additional psychiatric training cohort at Napa. The department also outlined IST-related savings and a trailer bill to remove the sunset on the independent placement panel program.
ND

North Dakota 2026 1st Special Session

Budget Section Jun 24th, 2026 at 10:00 am

Budget Section

Transcript Highlights:
  • So that's about $44 million over the cap.
  • But they did achieve the cap.
  • and allow it to grow to a slightly higher cap.
  • And 17 is not higher cap.
  • However, it wasn't because of the 3% cap.
Keywords: 908, all
NH

New Hampshire 2026 Regular Session

Senate Ways and Means (04/01/2026)

Ways and Means

Transcript Highlights:
  • <00:31:17.640> Um essentially that cap. Um essentially that cap.
  • There's a small tax cap. How companies. There's a small tax cap.
  • portion of the cap.
  • portion a prorated portion of the cap. portion a prorated portion of the cap.
  • the first time we're raising both caps. the first time we're raising both caps. Yeah. Yeah.
Keywords: 1191, senate, all