Video & Transcript Research : 'adjuster'
Page 17 of 344
AR
Transcript Highlights:
- And I would say just in general, you know, I think all of our nonprofits are having to adjust because
- 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 the books
- 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
Summary:
The committee met to review a large slate of fiscal year 2026 and 2027 appropriation, transfer, and continuation requests across multiple sections. Early items included temporary appropriations for agencies such as Health, DHS, Education, Public Safety, State Police, Emergency Management, Aeronautics, Military, Economic Development, and Game and Fish, covering items like maternal health outreach, energy assistance repayments, Wynne High School tornado rebuilding, senior food services, cybersecurity, crime victim reparations, aviation grants, conservation incentives, and emergency tower maintenance. Members asked questions on several items, including DHS aging carry-forward funds and Treasury custodial banking fees tied to COVID-era balances; the committee also approved a disclosure by the chair on the Game and Fish-related item before voting to approve the section.
The committee then approved continuation requests, CARES Act and ARPA reallocations, and federal grant appropriations. Notable discussion included the Boonville developmental disability project, ALIGN program reallocations at several universities, a small business technical assistance grant at UA Little Rock, and a Department of Public Safety highway safety grant, for which members requested more detail on operating expenses and professional fees. Additional approvals covered a transfer to the Merit Teacher Incentive program, restricted reserve fund transfers for military medical command and university projects, and a state central services deduction held at 2%. The Department of Commerce also received approval for a reallocation of positions and spending authority tied to its organizational realignment.
Later sections included shared technology and higher education transfers, cash fund appropriations for school Medicaid reimbursements, corrections, youth mental health, narcotics detection canines, bike safety equipment, a state motor pool pilot, and law enforcement safety costs. The committee also reviewed budget classification transfers, including a Governor’s Office legal fee transfer related to a California lawsuit, and heard explanations about E-Rate reimbursements affecting the Office of State Technology. Members asked about VOCA funding levels for crime victim services and about the National Security Grant Program for nonprofits and faith-based organizations; officials said federal funding had declined from prior highs but appeared to have stabilized, and that the nonprofit security grant is an annual federal program. The meeting concluded with review of pay plan requests, DHS overtime funding for child protection caseloads, and a year-end adjustment request allowing DFA to make up to $1 million in transfers to close the books, after which the committee adjourned.
MN
Transcript Highlights:
- So they have lost out in all of the Social Security cost-of-living adjustments and they felt that that
- <00:05:16.639>
cost <00:05:16.880>of <00:05:17.120>living <00:05:17.360>adjustments - <00:05:18.160>
and security cost of living adjustments and security cost of living adjustments - pension adjustment revenue line. pension adjustment revenue line.
- Um, so this is the adjustment for the general education aid.
Keywords:
pension, retirement, omnibus pension, MSRS, PERA, TRA, public employees retirement, state employees retirement, correctional employees, police and fire retirement, State Patrol retirement, teachers retirement, firefighter relief association, volunteer firefighter, state aid, postretirement adjustment, COLA, annuity, disability benefit, duty disability
MN
Transcript Highlights:
- An estimated 15 cities would qualify to receive the sparsity adjustment in 2027.
- <00:21:13.480>
just addition of the sparsity adjustment just addition of the sparsity adjustment - <00:21:19.960>
and <00:21:20.360>away that qualify for the adjustment and away that - qualify for the adjustment and away from<00:21:20.960>
those <00:21:21.280>that <00:21: - <01:02:04.920>
the In addition, we recommend adjusting the In addition, we recommend adjusting
ND
Transcript Highlights:
- And then on the next page... ...$14 in adjusted gross proceeds.
- And from the adjusted gross, when I say adjusted gross, this is in our reporting.
- This is called a pre-adjusted gross before taxes are taken out.
- So first is to... ...explore adjusting the fee structure.
- Let me try to adjust that. Hopefully, I do this first.
NH
New Hampshire 2026 Regular Session
House Executive Departments and Administration (03/18/2026)
Executive Departments and Administration
Transcript Highlights:
- It's, um, handling or adjusting claims.
- adjusting workers compensation claims. adjusting workers compensation 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.
Summary:
The committee first held a public hearing and then an executive session on Senate Bill 401, which DHHS described as a cleanup bill. Testimony from the department explained that the bill would repeal obsolete reporting requirements tied to a repealed municipal reimbursement program and to the now-repealed commission on demographic trends. No one testified in opposition, and the committee voted 12-0 ought to pass, placing the bill on the consent calendar.
The committee then heard Senate Bill 402, which would eliminate certain non-compete agreements for physician associates going forward. Senator Gray introduced the bill, and a representative of the New Hampshire Society of Physician Associates said it would improve workforce recruitment and access to care without changing scope of practice or affecting existing agreements. Committee members asked about the length of current restrictions and whether the change would make New Hampshire more attractive to PAs. The committee voted 12-0 ought to pass and sent the bill to the consent calendar.
Next, the committee took up Senate Bill 426, which would repeal the permissible fireworks committee. Senator Uler and the deputy state fire marshal said the committee’s original purpose had been overtaken by later changes adopting federal fireworks standards, and that the fire marshal now has the necessary authority. The committee voted 12-0 ought to pass and placed the bill on the consent calendar.
Finally, the committee began hearing Senate Bill 469, a DMV modernization bill allowing electronic signatures in place of wet signatures for certain motor vehicle title and registration processes. Senator Lang, Carvana, the New Hampshire Auto Dealers Association, Copart, and DMV staff all supported the measure, saying it would reduce delays, errors, and paperwork burdens. Members asked about AI, consumer protections, costs, and how electronic signatures would work in practice, including in cases involving deceased owners. The transcript cuts off during that hearing before any committee action on SB 469.
NH
New Hampshire 2026 Regular Session
House Children and Family Law (02/03/2026)
Children and Family Law
Transcript Highlights:
- Um, so this bill will reduce adjusted Um, so this bill will reduce adjusted gross<01:18:16.560><
- What it does is that it adjusts the obligor's child adjusted gross income down a little bit, not a lot
- <01:22:49.679>
the What it does is is that it adjusts the What it does is is that it adjusts - 01:22:52.960>
income obligor's child's adjusted gross income obligor's child's adjusted gross - <01:24:13.120>
for adjustment for adjustment for an<01:24:15.120>employee.
AZ
Transcript Highlights:
- Sure, we're going to have to do some adjustments, but is it going to be as laboring as it is every year
- It needs adjustments, right? Mr. Chairman and Representative, yes, we do.
- We have different revenues, we have some caseloads, and we are even adjusting the current year budget
- We are even adjusting the current year budget for the supplementals, potentially, and Access, DES, and
- ... ...your budget for all the baseline stuff, and in year two we'll come back and maybe adjust this
Keywords:
air emissions, fuel blends, environmental quality, feasibility study, Arizona Department of Agriculture, livestock, compensation, funding, ranching, agriculture, appropriation, University of Arizona, education, state budget, biennial budget, state funding, appropriations, budget procedures, fiscal years, Judea
Summary:
The committee first took up HCR 2047 and the identical HCR 2002, both sponsored by the chair. The resolutions recognize the historical, biblical, and legal legitimacy of Judea and Samaria, encourage those terms in official state communications, and reject the term West Bank as a modern political construct. Staff and several proponents, including representatives of an Israel-Arizona business coalition, a rabbi, and a StandWithUs representative, argued the language is historically accurate and important for truth, legal clarity, and Arizona’s relationship with Israel. No one testified against either measure. HCR 2047 passed 10-6 with 2 not voting, and HCR 2002 passed 11-6 with 1 not voting, both with due pass recommendations.
The committee then considered HB 2554, which would move Arizona to a biennial state budget process and biennial capital planning. The sponsor argued the change would make government smaller, more disciplined, and less prone to long budget fights and spending growth. JLBC staff provided historical context, explaining Arizona’s past use of annual, bifurcated, and biennial budgeting and noting that second-year budgets are often adjusted for revenue and caseload changes. Members raised concerns about legislative leverage, executive flexibility, and whether the state already effectively budgets on a multi-year basis. Testimony was mixed: one supporter said the change could improve budget clarity, while others voted present or no, citing uncertainty and the need for more study. HB 2554 received a due pass recommendation on a 9-7 vote with 2 present.
Next, HB 2014 was amended and passed. The bill directs ADEQ and the Department of Agriculture to study gasoline blend emissions and feasibility for seasonal fuel use in certain areas, with appropriations for the studies. The sponsor said Arizona’s fuel supply is vulnerable because of federal EPA rules and reliance on out-of-state refineries, especially California. Some members supported the study as a way to address possible fuel shortages, while others said prior stakeholder work had shown little could be done and questioned the cost. After adopting the Livingston amendment, the committee gave HB 2014 a due pass recommendation on a 12-2 vote with 4 present.
The committee also advanced HB 2180, which funds the University of Arizona’s AZ Reach program, after adopting an amendment reducing the appropriation from $2.5 million to $500,000. The sponsor and a rural physician testified that AZ Reach helps small hospitals coordinate patient transfers, freeing clinicians to focus on care and improving access for rural communities. A program director explained that AZ Reach handles the administrative logistics of transfers for sending hospitals. Some members supported the program but noted concerns about the amount and ongoing budget negotiations, while others said the receiving hospitals needed to be part of the discussion. The bill passed with a due pass recommendation. Finally, HB 2156, as amended, appropriates $250,000 for the livestock compensation fund to help ranchers with wolf depredation losses and conflict-avoidance measures. A Game and Fish representative said the current federal grant funding is insufficient and unstable, while members debated the use of general funds and the program’s priorities. The bill received a due pass recommendation on a 10-7 vote with 1 not voting.
MN
Minnesota 2025 1st Special Session
HF2444, the veterans and military affairs finance bill, heard in Ways and Means Committee 4/21/25
Ways and Means
Transcript Highlights:
- It's a minor adjustment, very cheap, but it's a little something that we can show them.
- It's a minor<00:02:14.720>
uh <00:02:14.959>adjustment, <00:02:15.760>very <00:02 - , but it minor uh adjustment, very cheap, but it it's<00:02:17.200>
a <00:02:17.360>little< - There's $599,000, which is the department's request for their operating adjustment.
- request for their operating adjustment. request for their operating adjustment.
Keywords:
agriculture finance, broadband development, Department of Agriculture, Board of Animal Health, Agricultural Utilization Research Institute, Office of Broadband Development, food safety, food handler license, cottage food, home processed food, livestock dealer, meat packing company, milk marketer, milk marketing license, grain buyer, grain storage, beginning farmer, emerging farmer, farm down payment assistance, livestock investment grant
ND
North Dakota 2026 1st Special Session
Tax Reform and Relief Advisory Committee Jun 23rd, 2026 at 10:00 am
Tax Reform and Relief Advisory Committee
Transcript Highlights:
- And I did run some preliminary numbers on the homestead, if that would do income adjust.
- The allowable percentage cap adjustment. So that's that 3% cap.
- They had talked about adjusting that.
- They talked about levy adjustments, state funding, and other changes.
- Looking at the levy adjustments, the only one where that was identified was in the counties.
NH
New Hampshire 2026 Regular Session
Senate Election Law and Municipal Affairs (03/17/2026)
Election Law and Municipal Affairs
Transcript Highlights:
- It provides reasonable adjustments to these optional veterans tax credits, providing a modest relief
- hasn't been adjusted since 2003. hasn't been adjusted since 2003.
- It provides reasonable adjustments bill.
- It provides reasonable adjustments to<00:50:09.520>
these <00:50:09.839>optional <00:50: - for inflation and these numbers adjusted for inflation and these numbers due<00:51:04.800>
to
AZ
Transcript Highlights:
- Here are a couple little changes, adjusting a name and administration mostly all technical.
- Outside of the changes to the federal adjusted gross income.
- If there are other changes outside of the definition of federal adjusted gross income, then we have to
- But if the state just assumed that we're going to keep the same calculation for adjusted gross income
- But if the state just assumed that we're going to keep the same calculation for adjusted gross income
Summary:
The House convened, opened with prayer and the Pledge, approved the journal, and welcomed several guests in the gallery, including a high school student and an advocate connected to the domestic violence bill HB 2995. The chamber then moved through multiple Committee of the Whole calendars, first advancing HB 4155, HB 4156, and HB 4157, then HB 4164, HB 4165, and HB 4166, all with do-pass recommendations and no substantive amendments on those calendars. Later, the House also considered SB 1326, a victims’ rights measure, adopted a floor amendment, and reported it out as amended. The House corrected an earlier clerical error regarding HB 4155-4157 being referred to engrossing rather than third reading.
The House then took up a long series of final passage votes on Senate bills. SB 2174, SB 2611, SB 1011, SB 1012, SB 1016, SB 1018, SB 1038, SB 1039, SB 1040, SB 1053, SB 1055, SB 1057, SB 1060, SB 1061, SB 1068, SB 1069, SB 1075, SB 1100, SB 1113 on reconsideration, SB 1160, and SB 1170 all passed. SB 2873, SB 1004, SB 1009, SB 1042, SB 1043, SB 1049, SB 1093, and SB 1143 failed. SB 2995, the emergency family-law/domestic-violence bill known as the Alec and Lydia Act, passed with the required two-thirds vote after extensive debate; supporters said it would better protect children and clarify judicial standards, while opponents argued its definitions were overly broad and could harm families. SB 1018 on foreign laws also drew extended debate over Sharia law, with supporters framing it as a defense of American values and opponents calling it unnecessary and discriminatory.
Several votes included explanations focused on policy concerns. SB 1004 on sex-offender registration and monitoring drew debate over whether electronic monitoring is effective. SB 1040 on voter registration transparency prompted arguments over public access to voter rolls versus privacy and security. SB 1118 on municipal zoning and historical homes was debated as a property-rights and local-control issue, with supporters saying it could help preserve affordable housing and opponents warning it would override local decisions. The House also adopted motions to reconsider prior actions on SB 1043 and SB 1100, and it requested the Senate return SB 1552 for reconsideration. The session ended with the House still processing additional Committee of the Whole business, including HB 4158, HB 4159, HB 4160, HB 4161, HB 4162, and HB 4163, with HB 4162 and HB 4163 receiving floor amendments and do-pass recommendations.
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Appropriations and Revenue (11-5-25)
Transcript Highlights:
- <00:03:28.239>
Um, branch salary schedule adjustments. - Um, branch salary schedule adjustments.
- You'll probably want adjustment there.
- It was described as an adjustment in who is paying how much.
- We then adjusted those salary increment.
Keywords:
Meeting Start 00:00:00
State Health Insurance Plans 00:00:03
Executive Branch Salary Schedule Adjustments 00:29:15
Nutrition Program for the Elderly 00:34:52
Update on DORIS 01:05:38, 958, all
Summary:
The committee met on November 5, 2025, and first approved the minutes after a moment of silence for the UPS airport tragedy. The main presentation was from the Personnel Cabinet on the state health insurance plans and executive branch salary schedule adjustments. Officials said the health plan covers roughly 265,000 active members and up to about 300,000 across all benefit offerings, including school board employees, retirees, and other eligible groups. They described rising claims and expenditures, especially from high-cost claimants and pharmacy spending, and said recent premium and benefit changes were intended to balance costs while preserving recruitment and retention efforts. They also explained that employee premiums had not increased for several years, while employer contributions rose sharply in recent years, and projected a 10% employer increase and 3% employee increase going forward based on actuarial analysis. Committee members asked about deductibles, GLP-1 drug costs, claims validation, and the causes of cost growth; officials said the plan uses multiple payment-integrity vendors and that the increases reflect utilization, drug trends, and high-cost cases rather than a change in coverage.
The committee also discussed executive branch salary schedule adjustments. Personnel and budget officials explained that when the legislature approves annual pay increases, the salary schedule is adjusted by the same percentage through executive order so the minimum and midpoint stay aligned with approved compensation levels. They said the 2025 adjustment was a 3% match effective September 16 and that the change was costless because salaries had already been increased. Members raised concerns about salary compression, noting that new hires can sometimes be paid near the level of long-serving employees. Officials said the adjustment helps prevent compression from worsening but does not solve it, and they acknowledged prior RFP efforts to address the issue were unsuccessful because no qualified bidder met the requirements.
After the health plan and salary discussions, the committee began a presentation from the Cabinet for Health and Family Services on Kentucky’s senior meal program. Secretary Stack explained that the program is a federal-state-local partnership under the Older Americans Act, with area development districts helping deliver services. He outlined eligibility rules, noting that congregate meals at senior centers are available to people age 60 and older, with a spouse of any age allowed to join, and that home-delivered meals have additional homebound and assistance requirements. Members asked whether there was any means test for congregate meals, and the secretary said there is not; the only threshold is age for the center-based meals, while the home-delivered program has additional criteria.
MN
Transcript Highlights:
- Personnel um we are looking to uh adjust Personnel um we are looking to uh adjust some<00:43:38.359
- The other program that we're looking under American Indian education to make an adjustment to is the
- The other program that we're looking under American Indian education to make an adjustment to is the
- The other program that we're looking under American Indian education to make an adjustment to is the
- <00:56:11.960>
this <00:56:12.079>is adjustment this is adjustment this is $677,000<00:
NH
New Hampshire 2025 Regular Session
House Finance Division II (03/25/2025)
Transcript Highlights:
- ...I just wanted to make sure that you'll understand the HHR adjustment goes down because people are
- Up top, down below are potential adjustments to the lottery estimates of revenue that this committee
- to the lottery estimates of adjustments to the lottery estimates of Revenue<00:34:19.960>
that - So there's four separate adjustments here to consider.
- <00:56:29.000>
for <00:56:29.200>lottery <00:56:29.599>Revenue an adjustment
Summary:
The committee first heard Representative Sweeney present and defend the budget amendment legalizing video lottery terminals (VLTs) and setting a 30% tax rate, with 65% of the tax going to the state and 35% to charities. He argued the lower rate was needed to encourage operators of historic horse racing (HHR) machines to convert to VLTs, saying the higher 45% rate would discourage adoption. He walked through revenue projections for fiscal years 2026 and 2027, estimating significant increases in state and charity revenue as machines transition over time, and said the amendment was designed to expand charitable gaming revenue overall.
Several members questioned the assumptions behind his projections and the basis for his analysis, including why his independent research differed from the governor’s and Lottery Commission’s estimates. Sweeney said his figures were based on research into other states and conversations over many years, and he maintained that a 45% tax would likely result in no VLT adoption. Members also debated whether the transition costs for operators would be quickly recouped and whether the state’s share should be larger. One member emphasized that the committee was effectively choosing between a lower operator share and a higher state share, while Sweeney argued the 30% structure would produce revenue for everyone.
The committee then moved to other revenue items on the tracking sheet. It voted 7-0 to accept the Lottery Commission’s revised base revenue estimates. Members also discussed an amendment to repeal the local option requirement for Kino games, which would expand Kino availability and was estimated to generate additional lottery profit in fiscal years 2026 and 2027. That amendment drew opposition from members who said local control was an important part of the original Kino policy and that removing it would override municipal decisions. The committee also noted that the VLT/HHR revenue item had already been adopted and was being revisited only to confirm the associated revenue estimates.
MN
Transcript Highlights:
- Now the capital improvements uh that fund it grows at an annual adjustment factor based on sales tax
- Now the capital improvements fund grows at an annual adjustment factor based on sales tax growth.
- Senator Weber continued: adjust the amount from $2.3 million to $8 million.
- The uh amendment adjusts further the amounts that were uh in the original bill.
- The amendment adjusts further the amounts that were in the original bill.
HI
Hawaii 2026 Regular Session
TRN Public Hearing - Thu Feb 12, 2026 @ 8:30 AM HST
Transcript Highlights:
- It authorizes the Public Utilities Commission to establish automatic adjustment mechanisms to address
- It authorizes the Public Utilities Commission to establish automatic adjustment mechanisms to address
- establish automatic adjustment establish automatic adjustment mechanisms<00:17:52.640>
to - We experienced this directly during our most recent rate adjustment.
- >
this adjustments significantly improve this adjustments significantly improve this dynamic<00
Summary:
The committee heard testimony on several transportation-related bills. HB 1688, which would provide a general excise tax exemption for certain aircraft maintenance materials, parts, tools, and facility construction, received comments from the Department of Taxation and support from Alaska Airlines, Hawaiian Airlines, Kohala Coast Resort, the Activities and Attractions Association of Hawaii, and the Tax Foundation of Hawaii. Testimony indicated the measure was intended to clarify an existing exemption rather than create a new one.
The bulk of the hearing focused on HB 2386, which would authorize the Public Utilities Commission to establish automatic adjustment mechanisms and a water carrier inflationary cost index. The Department of Transportation said it would change its testimony to support the bill, citing a 2020 working group recommendation, while the PUC and DCCA offered comments. Matson, the Maritime Group, Hawaii Harbors Users Group, and Young Brothers supported the measure, arguing it would modernize regulation, improve predictability, and help maintain reliable interisland shipping. Hawaii Farm Bureau offered comments, while Hawaii Food Industry Association, Maui Brewing Company, Lani Kai Brewing Company, and the Japanese Chamber of Commerce and Industry of Hawaii opposed it, arguing automatic rate increases were not the solution and that underlying costs and efficiencies should be addressed first. The chair noted the bill was essentially the same as one previously considered, and asked questions about how Hawaii’s water carrier regulation compares with other states.
The committee also heard HB 1691, which would allow electronic signatures for certain motor vehicle title transfers after total-loss insurance settlements and remove the notary requirement for that narrow transaction. The City and County of Honolulu Department of Customer Services, Hawaii Insurers Council, Copart, American Property Casualty Insurance Association, and one individual supported it, with Copart saying the change would reduce delays and could allow a faster, largely electronic settlement process. Members asked about county impacts, and Copart said counties would only see a different form with no added cost or electronic integration. HB 1680, requiring county finance directors to notify agencies through a centralized system for vehicle transfers, drew opposition from the City and County of Honolulu Department of Customer Services and one individual in support. HB 2516, raising helmet requirements for electric foot scooters and bicycles and requiring helmets for high-speed or Class 3 electric bicycles, received support from DOT, DOH, AAA Hawaii, and the Hawaii Bicycling League. HB 193, allowing deaf vehicle owners to register a deafness designation visible to law enforcement, drew support from the City and County of Honolulu Department of Customer Services, the Hawaii Disabilities Rights Center, and an individual who suggested amendments to broaden the bill to deaf and hard of hearing individuals and adjust the proof standard. HB 2442, increasing required accessible and van-accessible parking spaces in larger parking lots, was supported by the Disability and Communication Access Board, the Council on Developmental Disabilities, and the Disability Rights Center, which said the bill would address shortages of accessible parking and may need technical amendments to align terminology with the ADA.
AR
Arkansas 2026 1st Special Session
ALC-STATE INSURANCE PROGRAMS OVERSIGHT SUBCOMMITTEE Jun 17th, 2026
ALC-STATE INSURANCE PROGRAMS OVERSIGHT SUBCOMMITTEE
Transcript Highlights:
- Grant, is there, do we have an expectation in terms of time frame on adjusting currently?
- their responsibilities were, and so do we have an expectation set of what that looks like from an adjusting
- Things as far as the claim administration and adjusting were rocking along very well until we got to
- that consistency with these claims and making sure that we're not going in and out with particular adjusting
- And I agree, the consistency really, really matters because trying to bring another adjusting group in
Summary:
The State Insurance Programs Oversight Subcommittee met on June 17 and reviewed a series of Employee Benefits Division and Office of Property Risk items. The committee approved formulary changes for March and April that favored lower-cost generics, removed some new-to-market drugs from coverage pending more evidence, and made maintenance changes to migraine and diabetes medications. Members also approved a cell and gene therapy policy that would route those therapies through prior authorization rather than automatic coverage; officials said the process should not delay urgent cases and that no current members would be affected. The committee then reviewed a UAMS pharmacy benefit consultant contract amendment, but after extended discussion about the written scope and dollar amounts, the motion was approved with the understanding that any use of optional services would return to the committee for further review. The committee also reviewed the U.S. Able Mutual/Blue Advantage third-party administration contract and the CompSack employee assistance program contract, which officials said would reduce per-member costs and add services.
The subcommittee approved proposed 2027 rates for state employees and public employees, with a 9.8% increase for state employees and a 4.9% increase for public school employees. Officials also reported that the UnitedHealthcare rebid was in its final negotiation stage and would return in August, with medical and pharmacy coverage split as previously recommended. In response to questions, the director said the division was considering broader preventive-care offerings, including weight-loss drug coverage, but would proceed cautiously and with strong utilization controls and holistic support if such a program were adopted.
On the property risk side, the committee reviewed permanent rules making prior temporary rules permanent, a contingency-fee subrogation contract, and renewals for claims management, actuarial services, and investment management. Members raised concerns about Sedgwick’s claim-adjustment timeliness and communication with school districts after severe weather events; officials said performance guarantees and communication expectations had been strengthened, but the renewal was kept at three years for continuity. Finally, the committee approved 2026-27 captive insurance program rates, which included no change to minimum deductibles, a 10% overall rate reduction, and bucketed rate changes by entity type. Officials said the captive program was working as intended, with improved actuarial support and claims experience, and the meeting adjourned after the approvals.
NM
New Mexico 2025 Regular Session
IC - Federal Funding Stabilization Subcommittee Jul 31st, 2025
Federal Funding Stabilization Subcommittee
Transcript Highlights:
- The year 2025 continues with an inflation adjustment to the standard deduction.
- The amount you can deduct phases out as your adjusted gross income rises.
- Then, they're phasing out the cap for taxpayers with modified adjusted gross income over $500,000.
- This is in place and adjusted for inflation from tax years 2026 through 2029.
- This is after adjusted gross income.
TX
Transcript Highlights:
- HB 5191 by Smith, providing a one-time supplemental payment for the cost of living adjustment for certain
- HB 5191 by Smith, providing a one-time supplemental payment for the cost of living adjustment for certain
- HB 5191 by Smith, providing a one-time supplemental payment for the cost of living adjustment for certain
- HB 5191 by Smith, providing a one-time supplemental payment for the cost of living adjustment for certain
- HB 5156 by Brian Rowling relates to the cost of living adjustments applicable to certain benefits paid
TX
Transcript Highlights:
- And those adjustments...
- There was a slight adjustment in the weight.
- There will be a weighted adjustment for our charters.
- Our dollars are not adjusted in any way. It's hard.
- For us to adjust our costs for what we have on inflationary pressures.
Bills:
HB2