Video & Transcript Research : 'annual maximum'
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AK
Alaska 2025-2026 Regular Session
House Floor Session Jun 20th, 2026 at 10:00 am
Alaska House Floor Meeting
Transcript Highlights:
- price of natural gas, relating to an alternative volumetric tax and... ...maximum price of natural gas
- to approval of contracts by the Regulatory Commission of Alaska, and inflation adjustment of the maximum
- price of natural gas, relating to an alternative volumetric tax. ...of the maximum price of natural
- The third change is a new annual check on the Alaska Gasline Development Corporation's money.
- to approval of contracts by the Regulatory Commission of Alaska; and inflation adjustment of the maximum
HI
Transcript Highlights:
- So, I know now that you could do this through your rules and do the maximum contribution.
- Okay, because currently you're not doing the maximum salary. >> We are not.
- So, but I mean from the time when you last updated the maximum.
- Um, do you do it like annually? Is IRS updating their maximum and we need to be working on that?
- >> It is every few years, not annually.
Summary:
The Senate Committee on Labor and Technology heard testimony on several measures relating to public employment, the Hawaii Employer-Union Health Benefits Trust Fund (EUTF), retirement benefits, and cafeteria plans. HB 2472 and HB 2276, both concerning EUTF staff and investment office staff salaries, drew support from the trust fund and labor groups, and no opposition was heard in person. HB 2272 and HB 2273, emergency appropriations for public employment cost items, were supported by the administration and labor representatives; members briefly clarified which bargaining units were covered.
A longer discussion centered on HB 1664, which would address a dispute mechanism for EUTF-related negotiations. HGEA said the current process lacks a dispute resolution path and that the bill would allow interest arbitration when the state and union disagree. The Department of Human Resources Development and the Budget and Finance director raised concerns about consistency across bargaining units and the role of an arbitrator unfamiliar with the complexities of the system. Senator Moriwaki questioned whether another dispute forum might be more appropriate, but no alternative resolution was settled.
The committee also heard HB 1655, which would make retirement benefits negotiable, and HB 1658, concerning collective bargaining repricing. ERS opposed HB 1655, saying it could create administrative and tax problems if retirement benefits were negotiated separately across many bargaining units, while UPW, HGEA, HSTA, and UPA supported it as a bargaining issue. On HB 1658, DHRD explained that repricing is an internal classification tool meant to preserve equal pay for equal work, not to address market pay, and said a single arbitrator or the Merit Appeals Board could handle disputes; HGEA preferred a neutral arbitrator and opposed the Merit Appeals Board as too employer-controlled. The final measure, HB 1661 on cafeteria plans, was supported by UPW and HGEA. DHRD said it planned to raise the maximum contribution through rulemaking but needed to manage plan solvency and timing because IRS limits change on a calendar-year basis while the state plan runs on a fiscal year. The committee then moved into decision-making and adopted recommendations to pass HB 2472 and HB 2276 as amended/unamended after a brief correction to the vote language.
MN
Minnesota 2025-2026 Regular Session
House Fraud Prevention and State Agency Oversight Policy Committee 5/5/25
Fraud Prevention and State Agency Oversight Policy
Transcript Highlights:
- Um on the on an annual basis. Great.
- That's a maximum penalty of 10 years in prison.
- As you all know, Minnesota is a maximum.
- maximum penalty of 10 years in prison. maximum penalty of 10 years in prison.
- Um, that is also a maximum penalty of five years in prison.
ND
North Dakota 2026 1st Special Session
Water Topics Overview Committee Jun 10th, 2026 at 09:00 am
Water Topics Overview Committee
Transcript Highlights:
- The maximum east end, I believe, is 350 CFS. West end is 250 CFS.
- One is the federal capitalization grants that we receive on an annual basis.
- And we look at that as a percent of the annual median household income.
- And systems can get a maximum of 100 points out of that.
- And systems can get a maximum of 100 points out of that entire ranking system.
AZ
Arizona 2026 Regular Session
02/10/2026 - House Democratic Caucus Calendar #5
Transcript Highlights:
- Madam Chair and members, House Bill 2224, Produce Incentive Program Annual Appropriation, appropriates
- Madam Chair and members, HB 2129 changes the date by which trustees must submit their annual report.
- Madam Chair and members, the strike-everything amendment to HB 2482 caps the maximum dollar amount of
- Madam Chair and members, the strike-everything amendment to HB 2482 caps the maximum dollar amount of
- Another part of this is that a lot of the folks who use this will pay the expedited fee, which annually
Summary:
The committee worked through a very long minority caucus calendar covering a wide range of bills, with many items being described and then either left on consent, pulled from consent, or noted for votes. Topics included bullion and state depository proposals, a produce incentive appropriation, a biennial budget change, veterans services funding, driver licensing and traffic enforcement measures, procurement and public records changes, school board and school facilities rules, SNAP work requirements and verification, child welfare and juvenile justice provisions, housing and homelessness measures, energy and fuel policy, election administration, and several tax, commerce, and licensing bills. Members repeatedly raised concerns about constitutionality, federal preemption, duplication of existing law, and whether some measures were policy priorities that had been vetoed in prior sessions and were returning unchanged.
Several bills drew extended debate. Members objected to English-proficiency requirements for commercial drivers and motor carriers, arguing federal law and the supremacy clause would bar them. Earned wage access regulation prompted strong opposition over consumer harm, overdraft cycles, and high effective APRs. School-related bills were criticized for overregulating public schools while not imposing similar requirements on ESA/private-school programs, especially on fingerprint clearance and reporting. SNAP-related bills were also opposed as setting unrealistic mandates and repeating vetoed proposals. Other contested measures included a drag-show criminalization bill, a bill restricting photo enforcement, a bill limiting local regulation of unmanned aircraft, and a bill conforming Arizona tax law to federal changes, which members said would benefit wealthy taxpayers and corporations without a clear funding source.
The committee also heard a number of supportive or less controversial measures, including bills on veterans awareness, dementia care telemonitoring, Braille transcription funding, CPA licensure pathways, cash acceptance by retailers, and some child safety and court administration changes. Several bills were pulled from consent for further discussion, while others were noted as having unanimous or near-unanimous votes. The meeting ended with caucus announcements, including an affordability award presentation, an upcoming Latino Caucus discussion on community land trusts, and an invitation to African American Legislative Day activities, followed by adjournment.
LA
Transcript Highlights:
- playing a vital role in meeting the power needs of nearly half a million customers by providing a maximum
- Representative Boyer is an act in Title 47 relative to public license tag agents, to increase the maximum
- Also, the maximum amount of samples would be 300 instead of a minimum amount.
- It allows the Jefferson Place Bocage Crime Prevention District to raise their annual fee.
- It allows the Jefferson Place Bocage Crime Prevention District to raise their annual fee.
Bills:
SR126, SR129, SCR71, SCR72, SCR73, SCR12, HB221, HCR54, HCR79, HCR87, HCR94, HCR95, HCR97, HCR102, HCR104, HCR58, SB480, SB514, HB12, HB66, HB145, HB167, HB175, HB196, HB213, HB218, HB222, HB256, HB291, HB325, HB326, HB352, HB401, HB430, HB433, HB434, HB448, HB456, HB476, HB481, HB487, HB492, HB549, HB579, HB608, HB621, HB624, HB626, HB632, HB637, HB656, HB722, HB745, HB749, HB804, HB818, HB821, HB833, HB864, HB867, HB874, HB893, HB909, HB951, HB968, HB969, HB978, HB979, HB985, HB988, HB989, HB1001, HB1005, HB1007, HB1024, HB1032, HB1038, HB1050, HB1051, HB1056, HB1059, HB1077, HB1080, HB1081, HB1086, HB1108, HB1112, HB1153, HB1172, HB1173, HB1175, HB1192, HB1193, HB1204, HB1218, HB1242, HB1244, HB1249, HB1252, HB1254, HB538, SCR3, SCR23, SCR38, SCR24, SB102, SB133, SB151, SB165, SB169, SB170, SB200, SB217, SB280, SB291, SB300, SB303, SB330, SB449, SB489, SB521, SB45, SB156, SB181, SB203, SB274, SB304, SB379, SB396, SB410, SB425, SB427, SB436, SB54, SB72, SB129, SB164, SB232, SB287, SB322, SB374, SB375, SB386, SB409, SB447, SB458, SB222, SB399, SR119, SCR58, SCR65, SCR9, SB35, SB65, SB215, SB246, SB249, SB269, SB282, SB296, SB323, SB363, SB369, SB474, SB490, SB492, SB500, HCR41, HCR47, HCR63, HCR69, HCR31, HB87, HB115, HB162, HB195, HB214, HB217, HB233, HB283, HB290, HB319, HB324, HB345, HB362, HB363, HB368, HB377, HB380, HB382, HB386, HB392, HB406, HB431, HB441, HB466, HB503, HB533, HB559, HB575, HB590, HB593, HB618, HB655, HB664, HB685, HB692, HB707, HB715, HB732, HB738, HB741, HB748, HB776, HB807, HB822, HB856, HB860, HB868, HB887, HB888, HB905, HB908, HB961, HB980, HB990, HB992, HB999, HB1000, HB1010, HB1146, HB1157, HB1233, HB1236, HB1243, HB54, HB137, HB180, HB192, HB310, HB321, HB396, HB512, HB552, HB578, HB638, HB663, HB708, HB717, HB718, HB1009, HB1082, HB1104, HB1107, HB1198, HB1246, HB27, HB143, HB205, HB259, HB267, HB288, HB308, HB403, HB405, HB414, HB417, HB478, HB546, HB548, HB555, HB557, HB609, HB670, HB672, HB740, HB779, HB786, HB796, HB812, HB848, HB915, HB917, HB921, HB930, HB933, HB1095, HB1096, HB1103, HB1129, HB1154, HB1166, HB1187, HB1195, HB1230, HB17, HB36, HB41, HB47, HB73, HB119, HB126, HB129, HB133, HB140, HB159, HB166, HB211, HB226, HB245, HB271, HB280, HB337, HB351, HB354, HB399, HB571, HB677, HB712, HB723, HB726, HB728, HB750, HB759, HB789, HB844, HB850, HB870, HB966, HB1006, HB1018, HB1036, HB1241, SB29, SB42, SB43, SB382, SB441, HB134, HB258, HB359, HB782
Keywords:
SR126, Senate Resolution 126, World Preeclampsia Awareness Day, preeclampsia, maternal mortality, maternal health, pregnancy complications, hypertension, high blood pressure, pregnancy-related disorder, obstetrics, prenatal care, prenatal health, infant mortality, preterm birth, premature birth, Woman's Hospital, Louisiana Senate, women's health, public health awareness
AL
Alabama 2025 Regular Session
Alabama House Public Safety and Homeland Security Committee Apr 9th, 2025
Public Safety and Homeland Security
Transcript Highlights:
- Um, you know this is dealing with members and annual caps. We do not...
- Um, we do not have annual caps in this plan.
- Any of the Farm Bureau plans that are administered with the Tennessee Farm Bureau have no annual cap.
- It looks like it strictly has to do with annual and lifetime benefits.
- To clarify, it's about annual and lifetime caps. Correct.
Keywords:
emergency vehicles, off-road vehicles, public safety, liability, regulations, background check, criminal history, biometric identifiers, fingerprints, iris scan, palm print, photograph, rap back, NGI Rap Back, ALEA, Alabama Law Enforcement Agency, AJIC, Alabama Justice Information Commission, employment screening, licensing
FL
Florida 2025 Regular Session
March 11, 2025 - 10:15 AM
Transcript Highlights:
- This is to provide maximum flexibility as things change over time.
- There are maximum caps applied to this.
- There are maximum caps applied to this.
- For example, there's a maximum of 2,000 hours of OJT time that could be included in the model, a maximum
- Those are all adjustable on an annual basis. Okay, thank you.
Summary:
The Higher Education Budget Subcommittee met to review funding models for the Florida College System and district workforce education programs, with an emphasis on how new dollars are allocated in the program fund and how performance and targeted funding are incorporated. Chancellor Hebda explained the Florida College System model, including base program funding, student success and pipeline funds, performance incentives for industry certifications, and the 2022 president-developed formula that weights enrollment, workforce enrollment, completions, small-college factors, and regional cost differences, plus a targeted funding floor for colleges below a minimum per-FTE level. Vice Chancellor Goodman then outlined the district workforce model, which uses lagged enrollment, program cost weights, local revenue offsets, small-district adjustments, and unmet-need calculations to distribute lump-sum appropriations to school districts offering workforce education.
The department also provided updates on several grant programs and funding delays. Goodman said the Workforce Development Incentive Grant, Pathways to Career Opportunities Grant, Graduation Alternative to Traditional Education Startup Grant, and teacher apprenticeship/mentor bonus programs all involve multi-year awards and often require reversions and reappropriations because projects are delayed, extended, or not fully obligated by year-end. She said the department is moving toward an electronic grants system and had already adjusted internal deadlines to speed awards, while acknowledging some reimbursement delays and explaining that mentor bonuses for teacher apprentices will not be paid until the first cohort reaches the statutory timing requirement.
Members asked about tracking whether CTE students work in their trained fields, how Xello is used to inform students about career pathways, how FTE is calculated, whether the funding formulas could encourage growth over quality, and how students with disabilities are counted in workforce funding. Questions also focused on tuition, enrollment trends, and the gap between college and university funding. The committee heard that tuition has remained flat for more than a decade, enrollment has rebounded from COVID and is projected to exceed pre-pandemic levels, and the college system’s funding per FTE varies widely. Valencia College President Kathleen Plinsky testified in support of the proposed formula and an additional $200 million for the Florida College System, saying Valencia is the second-largest college in the state but ranks last in per-FTE funding, which has made it difficult to recruit and retain faculty and admit qualified students in high-demand programs like nursing. The committee took no vote and adjourned after the presentations and questions.
FL
Transcript Highlights:
- the cap on our Budget Stabilization Fund from the current 10% of general revenue collections to a maximum
- the cap on our Budget Stabilization Fund from the current 10% of general revenue collections to a maximum
- The legislature will be required to transfer $750 million each year until the fund hits that maximum
- From what I understand, this Budget Stabilization Fund is good through 2028 at least with the maximum
- If that's what the experts predict, we may not obligate that $750 million annually.
Summary:
The Appropriations Committee heard three measures focused on state finances. SB 1906 by Senator Brodeur would add a ninth element to the state debt reduction strategy report and create a program to transfer $250 million annually from the General Revenue Fund to accelerate retirement of outstanding state debt, while exempting the Department of Transportation and Florida Turnpike Enterprise. Members questioned the fiscal tradeoffs and flexibility, but the bill was supported in debate and reported favorably.
The committee then considered SJR 1908 by Chair Hooper, which would amend the Constitution to raise the Budget Stabilization Fund cap from 10% to 25% of general revenue collections, require $750 million annual deposits until the cap is reached, and allow withdrawals for critical state needs by separate bill with a two-thirds vote, while keeping existing rules for emergencies and revenue shortfalls. Testimony and debate centered on whether Florida already has sufficient reserves, how “critical state need” would be defined, and whether the new requirement would reduce flexibility during recessions or federal funding cuts. Despite opposition from advocacy groups and several senators, the resolution was reported favorably.
Finally, the committee took up HB 7031 as the vehicle for the tax package and adopted a delete-everything amendment to place it in the proper posture for conference. As amended, the bill was described as reducing the state sales tax by 0.75%, lowering the commercial rent tax from 2% to 1.25%, eliminating the business rent tax, and creating permanent sales tax exemptions while preserving sales tax holidays. The amended bill was reported favorably, and the committee then adjourned.
FL
Transcript Highlights:
- The homesteader exemptions are increased annually for inflation.
- Eight of them went up to over 100% of the maximum millage rate.
- We receive annual evaluations. They're called O.E.E., We receive annual evaluations.
- It changes the maximum millage rate calculation.
- This bill aligns the maximum millage rate with the rollback rate.
Summary:
The Senate took up Committee Substitute for Senate Joint Resolution 2F, a proposed constitutional amendment on property tax reform. The measure would increase the homestead exemption in stages, lower the assessment cap on non-homestead property from 10% to 5%, and limit county and municipal ad valorem tax revenues to specified uses such as public safety, education, infrastructure, natural resources, debt service, employee benefits, and certain administrative costs. Supporters, led by Senator Avila, argued the proposal would provide meaningful property tax relief and push local governments to rein in spending, while opponents warned it would shift costs to fees, reduce local flexibility, and threaten funding for core services.
Several amendments were offered and rejected. Senator Sharief proposed an income-based circuit breaker for property tax relief; Senator Smith offered a sunset clause; and Senator Berman proposed revising the ballot statement to better match the amended proposal and remove outdated references. Each amendment failed on recorded votes. During questioning and debate, senators pressed Avila on the ballot language, the effect on local services, whether the legislature could later restrict local spending by statute, and whether renters would benefit. Avila said the ballot language was not his and repeatedly stated he was presenting the governor’s proposal, while also saying local governments would need to prioritize budgets and that future legislatures could address implementation details.
After the amendment votes, the joint resolution was read a third time and moved into final debate. Supporters said the proposal would give homeowners relief and force fiscal discipline at the local level. Opponents, including Senators Nathan, Bracey Davis, Smith, Polsky, and Errington, argued the measure was rushed, lacked a completed fiscal analysis or replacement revenue, and could harm police, fire, libraries, parks, housing, and other local services. They also criticized the ballot summary as misleading, especially regarding the staged homestead exemption increase. The transcript ends during debate, before any final vote on the joint resolution itself.
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 02/24/26
Minnesota Senate Floor Meeting
Transcript Highlights:
- we're going to go to is the annual we're going to go to is the annual update<00:03:08.319>
by - be paid off over 23 years with an annual be paid off over 23 years with an annual amount<00:37:32.079
- Uh, so our members currently receive a 1% annual increase and have at times taken a 0% annual increase
- <01:04:01.440>
of Um and then additionally the maximum of Um and then additionally the maximum - that was taking a lower uh annual that was taking a lower uh annual increase.<01:04:35.039>
Uh
TX
Transcript Highlights:
- You can see what's happening seasonally that you don't see in some of the annual information.
- Our pumping cap annually is set in statute at 572,000 acre-feet that can be withdrawn.
- And do we have a roundabout of how much fees they would be collecting annually?
- amount of groundwater that could be produced annually in perpetuity.
- basis to the Ogallala than the average annual recharge to the Edwards Aquifer.
TX
Transcript Highlights:
- It's funded annually. It's funded annually.
- How many lives are covered in ERS and how much is an annual expenditure? Sure.
- That's their annual plan cost per member.
- So that's an annual amount. That's annual. So $8 billion.
- That's an annual report.
Bills:
SB 1
Keywords:
campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards
Summary:
The committee heard budget presentations from the Legislative Budget Board and agency officials on several agencies, starting with the Texas Historical Commission. LBB described a large biennial reduction driven mainly by the removal of one-time funding and discussed capital projects, rider changes, and exceptional items including Presidio La Bahia and the National Museum of the Pacific War. Senators asked about heritage trails, courthouse grants, unexpended balance authority, and the status of historical-site funding. Historical Commission leadership emphasized preservation, courthouse restoration, heritage tourism, coordination with the Alamo and other Texas Revolution sites, and requested additional IT, staffing, and vehicle funding. No votes were taken.
The committee then reviewed the Pension Review Board and the Employees Retirement System. The Pension Review Board’s budget was largely unchanged aside from IT maintenance and salary adjustments, with an exceptional item for additional IT enhancements. Members discussed the Dallas Police and Fire Pension System’s funding dispute and the need for a workable restoration plan. ERS presented a much larger budget, including funding for the retirement system, the group benefits plan, and the legacy payment intended to reduce unfunded liability. Senators focused heavily on pension investment returns, benchmark comparisons, and rising health-care costs, especially pharmacy spending driven by GLP-1 drugs; ERS said the plan covers about 540,000 lives and that premiums would rise 8% while benefits remain unchanged. ERS also said it had no exceptional items, and committee members requested more detailed benchmark information.
The committee also heard from the Texas Emergency Services Retirement System and the Cancer Prevention and Research Institute of Texas. TESSORS reported an unfunded liability, an infinite amortization period, and requested additional state support, staffing, and IT funding, including a statutory change to allow a higher contribution level; the agency warned that without more funding it may have to cut benefits. CEPRIT’s presentation covered its bond-funded cancer research and prevention portfolio, revenue-sharing from funded projects, and a request to increase salary limits for its CEO and chief scientific officer. Senators questioned CEPRIT’s accomplishments and return on investment, while CEPRIT cited screening, prevention, and research outcomes, including tens of thousands of detected cancers and precursors and hundreds of thousands of first-time screenings. The meeting ended after these presentations and questions, with no recorded committee action or vote.
NH
New Hampshire 2025 Regular Session
House Finance Division I (03/19/2025)
Transcript Highlights:
- Maximum benefit.
- <00:38:21.359>
benefit would suggest that the maximum benefit would suggest that the maximum - The filing fee, or it's an annual registration. It's an annual registration. Yeah.
- annual impact would be um 650,000. Yes. annual impact would be um 650,000. Yes.
- It's not an annual. So you do it years. It's not an annual.
Summary:
The committee reviewed a handout comparing House Bill 2 to current retirement law and walked through the bill section by section with staff from the retirement system. The discussion focused on vesting, earnable compensation, average final compensation, compensation-over-base limits, special duty pay, normal retirement age, re-retirement, and maximum benefit rules for Group 2/Tier B members. Staff explained that some provisions would restore pre-2011 rules, including counting certain end-of-career payments such as unused sick and vacation time in earnable compensation and reducing the AFC averaging period from five years back to three. They also described how the bill would eliminate the current cap on compensation over base, which mainly affects overtime, and noted that the actuarial cost of the AFC-related changes is interrelated rather than easily broken out by feature.
A separate discussion covered the special duty pay limitation, which currently applies to Tier A and would be removed under the governor’s bill for both Tier A and Tier B members after their vested buy date. Staff said the actuary estimated that removing the special duty limitation would increase costs by about $13.9 million. Members also asked about the practical difference between overtime and special duty, with staff explaining that special duty generally involves work for a private third party, often police detail work, while overtime depends more on staffing and scheduling. The committee also reviewed the normal retirement age changes for Tier B and the possibility that some members would need to work longer to reach the new vested buy date.
Members raised concerns about an ambiguity in the bill that could allow already-retired Tier B members to return to work, then re-retire and claim the higher benefits, or allow vested deferred members to stop working and wait for the new vested buy date. Staff said the governor’s office did not intend to allow that result and requested clarifying language, noting that the bill as drafted does not expressly prohibit it. The committee also discussed part-time and seasonal work after retirement, with staff explaining that such work generally does not restore membership unless the person takes a full-time position requiring enrollment. Finally, the committee reviewed the maximum benefit provisions and noted that HB 2 in the current year does not change the maximum benefit date or include the 1.5% annual escalator that had been part of the 2023 proposal, making the current bill more costly than the earlier version.
NH
Transcript Highlights:
- Instead of making an annual license, an annual filing, it makes it a three-year filing.
- just does away with the annual just does away with the annual requirement,<01:16:39.679>
creates - Instead of making an annual bill does.
- Instead of making an annual license,<01:16:46.640>
an <01:16:46.880>annual <01:16:47.199 - person or a maximum claim of 500,000. person or a maximum claim of 500,000.
WV
West Virginia 2026 Regular Session
WV Senate Government Organization Committee in Session Mar 10th, 2026 at 09:03 am
Government Organization
Transcript Highlights:
- and providing a comprehensive summary of the annual cybersecurity program reviews in the CISO's annual
- It does not forgive any prior failures to file annual reports or unpaid fees.
- The bill establishes the biennial fee at $50 while the annual fee remains $25.
- It does not forgive any prior failures to file annual reports or unpaid fees.
- provisions to distinguish between annual and biennial filers.
FL
Transcript Highlights:
- Homesteader exemptions are increased annually for inflation.
- Eight of them went up to over 100% of the maximum millage rate.
- We receive annual evaluations. They're called O.E.E., We receive annual evaluations.
- It changes the maximum millage rate calculation.
- This bill aligns the maximum millage rate with the rollback rate.
VA
Transcript Highlights:
- recognition when he won a Grammy Award in the Best Spoken Word Poetry Album category at the 68th Annual
- The federal government has already named 40 maximum prices, the first 10 of which went into effect on
- I would answer the delegate, yes, that we are simply mirroring these prices that have these maximum fair
- And it would provide that each subsequent two-year interval, the cap should be adjusted by the annual
- House Bill 173 relates to state correctional facilities, visitation policies, annual report.
CO
Colorado 2026 Regular Session
Colorado House 2026 Legislative Day 086 Part 2 Apr 10th, 2026
Colorado House Floor Meeting
Transcript Highlights:
- > a<00:46:42.000>
million annual appropriations of a million annual appropriations of a million - A CRS up to a maximum of $150,721,859.
- <02:34:28.080>
15D CRS up to a maximum of $100 million. 15D CRS up to a maximum of $100 million - CRS up to a maximum of $5 million.
- 181 CRS up to a maximum of $25 million. 181 CRS up to a maximum of $25 million. 19F<02:34:51.439
MO
Transcript Highlights:
- Under the maximum scenario, one of these sites currently being constructed would generate $13.1 million
- And is that lifetime or is that annual?
- So at the maximum scenario, that is, of course, if they built the particular Spade side out to its maximum
- taxes is $105 million annually.
- And, you know, many customers don't have $500 in their annual budget.
Summary:
The Committee on Utilities held an informational hearing on data centers in Missouri, with the chair explaining that the goal was to hear from three speakers with different perspectives and allow committee questions, but no public testimony. The first witness, Matt Edelow of the International Union of Operating Engineers and Columbia-Jefferson City Area Building Trades Council, spoke in support of data center development for its construction jobs, long-term employment, tax revenue, and local economic benefits. He said the Montgomery County projects had already put about 200 Missourians to work, described the facilities as using closed-loop water systems and generator noise levels that he said would be limited by setbacks and acoustics, and urged local hire and apprenticeship requirements. Committee members asked about water use, noise, cybersecurity, labor, and tax revenue, and he said one project could generate about $13.1 million annually at full buildout.
The second witness, Rob Dixon of Ameren Missouri, testified that Senate Bill 4 and the Public Service Commission’s large-load tariff provide strong protections for existing customers. He said large data center customers must sign long-term contracts, pay 100% of interconnection costs, post collateral, pay at least 80% of contracted demand, and face exit and reduction fees, with load-shedding rules applying to them like other customers. Dixon said Ameren’s planning process includes engineering reviews and MISO review before projects proceed, and that the utility’s integrated resource plan calls for 5.3 gigawatts of new generation by 2030, with 2.2 gigawatts of signed large-load agreements already in place. He also said large customers can help spread fixed grid costs and put downward pressure on rates, and noted that the protections apply to investor-owned utilities, not co-ops or municipal utilities.
The final witness, John Kaufman of the Consumers Council of Missouri, argued that the current protections are not strong enough and that data centers could raise rates through construction work in progress, stranded generation costs, and other risks if projects change or technology shifts. He urged greater consumer protections, including more upfront financial security from data centers, reconsideration of construction work in progress policies, and possibly requiring data centers to bring their own power in some cases. Committee members debated his claims about SB 4, QIP, and rate impacts, with some members saying the law already contains clawbacks and consumer-benefit requirements, while others echoed concerns about transparency and public understanding. The hearing ended without any votes or formal action, and the chair said the committee would continue the discussion in future meetings.