Video & Transcript Research : 'standard deduction'

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FL

Florida 2026 5th Special Session

Banking and Insurance Mar 17th, 2025

Transcript Highlights:
  • duties of the subscriber, better alignment and the timing, and concerns about the fair and reasonable standard
  • duties of the subscriber, better alignment and the timing, and concerns about the fair and reasonable standard
  • And I bring that up, the timing and concerns about the fair and reasonable standard for reciprocals.
  • And as a standard practice within the office, I know when I started at least, we gave a seven-day grace
  • Floridians sooner, it prioritizes the processing of insurers that filed proposed rate decreases over standard
Summary: The committee heard and advanced several insurance, financial regulation, and public safety bills. SB 1656, a large Office of Insurance Regulation bill, was taken up with a delete-all amendment and extensive discussion. The bill would increase transparency in insurance rates and mitigation data, update reciprocal insurer rules, limit use-and-file rate filings, expand cybersecurity breach notification, and strengthen oversight of continuing care retirement communities (CCRCs). Residents and senior advocates generally supported stronger oversight to prevent bankruptcies like the Unison case, while CCRC operators and industry groups warned that lien authority, reserve requirements, and other provisions could raise borrowing costs and burden well-run communities. The committee adopted the delete-all amendment and then reported the bill favorably after debate and public testimony. The committee also passed SB 1658 on the public records database for uniform mitigation verification forms, with a clarifying amendment protecting policyholders’ personal information. SB 1612 on financial institutions was reported favorably after an amendment and substitute amendment dealing with credit union investment limits and reimbursement rules for board members. SB 1740, an insurance bill aimed at reducing premiums and insolvency risk, was amended to prioritize rate-decrease filings and prohibit AI as the sole basis for claim denials; it was then reported favorably. SB 1212 on firefighter health and safety was amended to add occupational disease language and other firefighter protections, including safer gear, cancer prevention, and possible telehealth mental health services, and was also reported favorably. Finally, SB 1184 on residual market insurers was amended to preserve existing excess-and-surplus line standards, strengthen consumer disclosures, and clarify Citizens-related appointment rules before being reported favorably. Throughout the meeting, committee members repeatedly noted that several bills were still being refined with stakeholders, and multiple public witnesses testified in support of or opposition to the CCRC and insurance provisions, focusing on resident protection, financial stability, and unintended cost impacts.
ND

North Dakota 2026 1st Special Session

Special Education Funding Committee May 6th, 2026 at 09:00 am

Special Education Funding Committee

Transcript Highlights:
  • those standards, if you want to just address that real briefly.
  • They develop the standards kind of in unison, right?
  • And my understanding is because of standards and the way we start to set standards... ...standards and
  • I also feel like there are a number of standards.
  • That's the good and bad thing about standardized assessment, right?
Keywords: 908, all
AL
Transcript Highlights:
  • In other words, the rate changes, the increased standard deductions, the increased CH, they all assumed
  • In other words, the rate changes, the increased standard deductions, the increased CH, they all assumed
  • We have our own standard deduction that's in the statute. We have our own child care credit.
  • It's a deduction on the back end.
  • It's a deduction on the back overtime.
Keywords: 924, joint, all
MN

Minnesota 2025-2026 Regular Session

Committee on Transportation - 03/03/25

Transportation

Transcript Highlights:
  • The Met Council intended to deduct money for non-conforming work from future payments to the contractor
  • The Met Council intended to deduct money for non-conforming work from future payments to the contractor
  • money for non-conforming work to deduct money for non-conforming work from<00:07:53.479> future
  • and not collected adequate deduct and not collected adequate documentation<00:08:02.120> to<00
  • encounter this as just a standard encounter this as just a standard practice<00:08:44.360> that
Keywords: 1187, senate, all
WA

Washington 2025-2026 Regular Session

House Environment & Energy Sep 29th, 2025

Transcript Highlights:
  • However, the law enacted in 2020 makes that pass-through charge of 8 to 12 cents deductible from the
  • As a reminder, this would be deducted from their gross receipts to calculate, and then that net amount
  • I did receive from the Department of Revenue actual reported the B&O deductions of that pass-through
  • So from their gross receipts, retail establishments deducted beginning of $2.5 million. beginning of
  • Many of these policies are similar to Washington's and include required standards for paper bags and
Summary: The committee held a work session on state environmental policy act (SEPA) implementation and carryout bags. Ecology staff Diane Buterak described the Clean Energy Programmatic Environmental Impact Statements (PEISs) completed for utility-scale solar, onshore wind, and green hydrogen, plus a new PEIS underway for sustainable aviation fuel. She explained that PEISs provide broad planning-level analysis to help developers and agencies avoid or mitigate impacts, but do not replace project-level review. Members asked about permitting timelines, greenhouse gas emissions from different hydrogen production methods, water use, agricultural land conversion, battery fire risk, and tribal consultation. Buterak said the PEISs identify potentially significant impacts and mitigation measures, including fire response planning, early tribal outreach, and agrovoltaics as an option for solar projects. EFSEC’s Amy Hofkimer then presented the transmission-facility programmatic EIS required by SB 5165 for 230 kV and higher transmission projects. She said the statewide review covers new lines and certain upgrades/modifications, analyzes impacts to water, cultural and tribal resources, habitat, and other areas, and uses general measures, design considerations, avoidance criteria, and sensitivity maps to guide siting and corridor planning. She said the final document would be issued in early October. Questions focused on reconductoring, tribal lands, scenic areas, and whether the review could affect existing lines crossing tribal lands. A Grant County planning director, Jim Anderson Cook, said Ecology’s PEIS would help with cumulative impacts for clustered solar projects, but noted tight local review timelines and the need for strong pre-application coordination, especially on cultural resource studies and decommissioning plans. Yakama Nation attorney Shona Leverett argued SEPA is only an assessment tool and said tribes face barriers from short comment periods, limited confidential tribal input, weak cumulative impact analysis, and challenges in the FSEC process; she urged better upfront developer diligence and more effective tribal coordination. Puget Sound Energy’s Sarah Leverett said the utility needs efficient and predictable permitting to meet clean energy mandates while maintaining reliable service and aging infrastructure. She described the scale of needed clean energy and transmission buildout, including a 10-year process for the Energize Eastside transmission rebuild, and said more consistent SEPA and PEIS processes could help. Members asked about future generation sources, reliability, and hydropower as a firming resource; she said PSE is pursuing an “all of the above” approach and would welcome more firm, dispatchable clean energy options. The committee then shifted to carryout bags. Staff Jacob Lipson and Tracy Taylor reviewed Washington’s bag law, its preemption of local ordinances, the current 8-cent charge, the scheduled increase to 12 cents, and the 2025 change delaying the 4-mil thickness requirement until 2028 while adding a temporary 4-cent penalty for thicker bags. Ecology’s Peter Lyon said the agency emphasizes education and complaint-based enforcement, has received 872 reports, and has not yet imposed any fines. Commerce’s Kirk Esmond summarized a WSU study finding fewer plastic bags distributed but more plastic by weight, and said Commerce and Ecology support keeping the 2.25-mil standard and not allowing thinner single-use bags again. Retail industry testimony from Brandon Housekeeper said grocers comply with the law but oppose the added 4-cent penalty and thicker-bag requirement, citing higher costs and confusion in the policy changes.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Cannabis Policy Jun 21st, 2026 at 10:00 am

Joint Committee on Cannabis Policy

Transcript Highlights:
  • Now I believe this standard is not enforceable, and Senate Bill 94 would help to close this loophole.
  • And to know a standard joint of 30% flower now is 100 milligrams of THC, and that's before THC concentrate
  • expenses from revenue, which prevents cannabis businesses from deducting expenses from revenue other
  • expenses from revenue, which prevents cannabis businesses from deducting expenses from revenue other
  • They are unable to deduct even less of their expenses on their federal tax returns, so adding another
Keywords: 995, all
Summary: The Joint Committee on Cannabis held a hearing on a package of cannabis bills focused on equity funding, delivery expansion, advertising restrictions, medical use, first responders, and ownership limits. Testimony strongly supported S. 87/H. 184 to direct a larger share of cannabis revenue into the Cannabis Social Equity Trust Fund and related equity programs, with speakers arguing the current funding is insufficient and that automatic transfers would better support businesses and communities harmed by the war on drugs. Several witnesses also backed H. 145/S. 89 to allow licensed cannabis delivery into municipalities that ban retail sales and to hotels, saying current rules unfairly limit social equity delivery operators and consumer access. There was also support for H. 176 on medical cannabis eligibility and S. 76 on cannabis use by first responders, while H. 177/H. 178 on new taxes drew opposition from several business owners who said the industry is already heavily burdened and overtaxed. A major point of debate was S. 94/H. 157, which would prohibit billboard advertising for non-prescription marijuana. Public health advocates, parents, and neuroscientists argued that cannabis billboards normalize use, are seen by youth, and are difficult to regulate effectively under the current 85% adult-audience standard. They urged a public health approach similar to tobacco restrictions. In contrast, several industry witnesses opposed further advertising limits, saying cannabis businesses already face strict marketing rules, billboards are privately owned, and additional restrictions would hurt small operators and raise First Amendment concerns. Some witnesses also criticized the proposed increase in ownership caps and consolidation provisions in the broader cannabis bill, warning they would favor large multistate companies over small and social equity businesses. Committee members asked questions about billboard ownership, enforcement of the current advertising rules, and the legal basis for restricting sign content. Witnesses and members also discussed the Cannabis Control Commission’s role, the difficulty of enforcing audience-composition standards, and whether delivery should be treated more like alcohol. No votes were taken during the hearing, and the chair noted that written testimony would continue to be accepted.
VT

Vermont 2025-2026 Regular Session

Senate Session - 2026-04-30 - 11:00AM

Vermont Senate Floor Meeting

Transcript Highlights:
  • You used to be able to deduct it all at once over time. Okay.
  • You used to be able to deduct Let's see.
  • <00:49:01.400> that you could depreciate or deduct that you could depreciate or deduct that
  • <00:49:34.760> And<00:49:34.920> for deduct it over 5 years.
  • And for deduct it over 5 years.
Keywords: 927, senate, all
HI

Hawaii 2026 Regular Session

Senate Floor Session 05-08-2026 11:30am

Hawaii Senate Floor Meeting

Transcript Highlights:
  • All scheduled standard deduction increases will continue ending in 2031 at $24,000 for joint filers,
  • As standard deductions increase and tax brackets decrease, the withholdings taken out in each paycheck
  • As standard deductions increase and tax brackets decrease, the withholdings taken out in each paycheck
  • As standard deductions increase and tax brackets decrease, the withholdings taken out in each paycheck
FL

Florida 2026 Regular Session

Appropriations Jun 1st, 2026

Appropriations

Transcript Highlights:
  • They can go ahead and file with the IRS and enjoy a property, a income tax deduction because they are
  • I used to be able to deduct all $56,000 a year I pay for my primary residence in property taxes.
  • And I don't get to deduct that $2,500, like I did the $2,500 up to $5,000 that you reduced.
  • You realize that I was able to deduct the full 10,000, now only 5,000 in property taxes.
  • And I don't get to deduct that $2,500,000, like I did the $2,500 up to $5,000 that you reduced.
Summary: The Committee on Appropriations took up SJR 2-F, the proposed constitutional amendment on property tax relief, which would reduce assessment growth on non-homestead property, expand homestead exemptions, create a new exemption for new homesteaders, and direct counties, cities, and school districts to use property tax revenues for specified core services. Senator Avila presented the measure as the governor’s plan to provide historic relief and argued that local governments should tighten budgets and prioritize core functions. Senators raised concerns about the lack of fiscal scoring, the breadth and ambiguity of the permitted uses, the effect on special districts and local services, and whether the proposal would shift costs to fees or other taxes. The committee adopted several amendments, including Avila’s amendment clarifying that ad valorem revenues could be used for county and municipal operations and administration and other expenditures not prohibited by law, and Trumbull’s amendment removing school board ad valorem taxes from the proposal. Other amendments failed, including proposals to allow user fees and non-ad valorem assessments, add a sunset, redirect tourism development taxes, narrow the small-business provision, and change the ballot title to reference local service reductions. Grall’s amendment removing the constitutional trust fund requirement was adopted, while the committee also rejected Berman’s title-change amendment and Smith’s sunset and tourism-tax amendments. The committee then returned to the bill as amended for questions, including extended debate over whether the proposal would affect noncitizen residents, the impact on local government finances, and whether local governments would respond with higher fees or special assessments. The meeting ended with the bill still under discussion after the final round of questions, with Avila saying he would continue working with the governor’s office on the language before the next vote.
ND

North Dakota 2025-2026 Regular Session

House Appropriations - Government Operations Division Apr 8th, 2025 at 02:30 pm

Appropriations - Government Operations Division

Transcript Highlights:
  • Chair, Members of the Committee, those are all standard sections that we have as an emergency clause,
  • So it's not, they vary it on what the tax, the tax, because that's deductible is what it comes back to
  • Then we also have the add-back for the 2.325 new and vacant FTE pool items that were deducted.
  • Those are being added back, and then right below those add-backs are the deductions for the 2.5, 2.7
Keywords: 908, all
Summary: The House Appropriations Government Operations Division met to consider House amendments to Senate Bill 2001, the budget for the Legislative Council and Legislative Assembly. Representative Meyer and Legislative Council staff reviewed the House changes, which included higher lodging funding tied to a prior bill, an increase for North Dakota legislators’ forum dues, a transfer of $290,000 for public printing from the Secretary of State to Legislative Council, a $650,000 reduction tied to the nuclear energy study because that funding was already provided elsewhere, and a new section allowing legislative space on the 15th floor of the Capitol to be used for additional Legislative Council employees. John Bjornson explained the 15th-floor space proposal and said staff would work with Facility Management and CTE to address relocation needs and timing, with CTE’s move potentially delayed until after its busy school-year period if necessary. The committee then reviewed the Senate version of the bill in more detail. Staff walked through the Legislative Assembly budget items, including per diem and compensation adjustments, lodging and mileage estimates, IT and audio/video funding, and dues increases for national and state legislative organizations. Members asked about mileage assumptions and the emergency clause, and staff said the emergency language is standard and allows flexibility for transfers, carryovers, and other budget actions. The committee also reviewed the Legislative Council budget, including funding for 25 new FTEs, interim travel, IT costs, professional services, public printing, and one-time items such as equipment and term limits consulting, while the advanced nuclear energy consulting item was removed in the House version. After discussion, the committee adopted the House amendment to Senate Bill 2001 and then voted to do pass the bill as amended. Both motions passed on roll call, and the amended bill was sent to the full Appropriations Committee. Near the end of the meeting, Representative Paula gave notice that she would bring a separate amendment later on the Industrial Commission budget related to homelessness grant funding, noting it would not use SIF or general fund dollars.
NM

New Mexico 2026 Regular Session

Senate - Judiciary Feb 11th, 2026 at 05:25 pm

Senate Judiciary

Transcript Highlights:
  • That's your deductible.
  • Covaris for the hospitals and the doctors say, their deductible is $250,000.
  • So what the real coverage is is the deductible minus the claim: $250,000 minus $250,000.
  • I’m going to get a policy with a $500,000 deductible?
  • Like, what is the standard of proof? What, you know, what are you going to be considering?
Bills: SB41, SB153, SB165, SB261, SB264
NH

New Hampshire 2026 Regular Session

Senate Finance (03/10/2026)

Finance

Transcript Highlights:
  • The staff that manages the Water Well Board, their licensing program, construction standards of wells
  • The staff that manages the Water Well Board, their licensing program, construction standards of wells
  • would be deducted out of the<00:19:55.679> general<00:19:56.000> fund<00:19:56.880>
  • Additionally, that expenditure that was deducted out of the general fund, that $103,000, will not come
  • Additionally, that expenditure that was deducted out of the general fund, that $103,000, will not come
Keywords: 1191, senate, all
OK
Transcript Highlights:
  • , we will see that to be... ...go through this standard business practice, we will see that to be the
  • And so I'm in favor of another standard to be used.
  • Look at the price of coverage premiums and the deductibles and the cost of health care in general, it's
  • That fiduciary standard that you're trying to extend in this bill to all agents, that the law...
  • Right now, we don't have any tax deductions or any other incentives on there, but just trying to get
FL
Transcript Highlights:
  • The rule doesn't refer to The rule doesn't refer to a document that purports to set up standards outside
  • The rule simply reflects the authority of the Board of Trustees to acquire land and reflects the standard
  • The second is the lack of statutory authority for Rule 61A-4.0371 relating to an excise tax deduction
  • The second is the lack of statutory authority for Rule 61A-4.0371 relating to an excise tax deduction
  • In regard to Rule 61A-4.0371, which is the excise tax deduction for breakage and spoilage of alcoholic
Summary: The Joint Administrative Procedures Committee reviewed several agency rules and objections under Chapter 120. First, the committee revisited prior objections to Agency for Health Care Administration rules containing sunset provisions. AHCA’s general counsel said the agency amended 26 of the objected rules but declined to amend five others, arguing sunset provisions are lawful, are not themselves rules, and were consistent with a 2019 gubernatorial directive. Committee members questioned that position, especially for licensing and certificate-of-need rules, and urged the agency to consider legislative changes; no formal action was taken on that item during the discussion. The committee then considered an objection to Department of Management Services Rule 60G-1.001 defining the Governor’s Mansion grounds. Committee staff argued the rule is vague and improperly refers to future land acquisitions without updating the rule since 1998. DMS defended the rule as a general definition tied to publicly recorded property and a master lease, but said it would not object if the Legislature chose to codify the definition in statute. After discussion, the committee voted to file the objection. Members also received informational updates from the Department of Environmental Protection on the Solaris state lands inventory system, and from the Florida Gaming Control Commission on its response to the Tampa Bay Downs unadopted-rule litigation, in which the commission said it has stopped relying on the prior tax interpretation and will not promulgate a rule on that issue. The Department of Business and Professional Regulation said it would remove an unsupported cigar wholesale dealer permit reference, repeal an obsolete excise-tax deduction rule, and amend penalty guidelines and an affirmation in its alcohol, beverage, and tobacco rules. Finally, the Division of Administrative Hearings’ interim director discussed case-processing times, possible changes to ALJ status, and whether the Florida Rules of Evidence should apply in administrative proceedings, emphasizing the need to weigh costs, independence, and impacts on pro se litigants. The chair noted this was likely the committee’s final meeting of the year.
FL

Florida 2025 Regular Session

April 10, 2025 - 08:30 AM

Transcript Highlights:
  • And it's just done on the standard lease agreement.
  • And it's just done on the standard lease agreement.
  • And it's just done on the standard lease agreement.
  • We want uniform standards. We want it statewide. We want to have consistency.
  • Let's talk about minimum wage standards.
Summary: The Civil Justice and Claims Subcommittee heard and voted on four bills. HB 587 on self-storage spaces would let rental agreements include an alternate contact person and allow default notices to be published online instead of only in newspapers, while keeping existing notice timelines and servicemember protections. Newspaper and press witnesses opposed the online-notice change, arguing it could reduce public reach and transparency, especially in rural areas; the sponsor said newspapers could still be used and the bill was only adding another option. The committee adopted an amendment changing the effective date to October 1, 2025, and then reported the bill favorably 12-2. HB 6033 would repeal the Florida Labor Pool Act. The sponsor argued the act duplicates other state and federal protections, while opponents said it contains unique safeguards for day laborers, including limits on fees, transportation charges, and deductions, and a private right of action. Testimony from labor advocates and workers warned repeal would reduce protections for vulnerable workers; the sponsor and supporters said other laws already cover the issues. The committee reported the bill favorably 11-3. HB 897, dealing with timeshare plan management, was presented as a clarification of conflicts created by recent condominium legislation and would require faster records responses, more disclosure of contracts, and clearer remedies for mismanagement. Support came from industry groups, and the bill passed unanimously, 14-0. The final measure, PCS for HB 1385, created a civil remedy for parental abduction or unlawful withholding of a child in violation of a timesharing order. Family law attorneys opposed it over concerns about added litigation, child involvement, and overlap with existing remedies, while the sponsors and supporters said it would provide needed deterrence and compensation in serious cases. The committee adopted the PCS and reported it favorably 13-0.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Financial Services Jun 21st, 2026 at 10:30 am

Joint Committee on Financial Services

Transcript Highlights:
  • There are high deductibles and cost sharing requirements that create significant barriers to access for
  • psychosis, and it has been shown in multiple international studies to lead to better recovery than standard
  • Again, that's full health insurance coverage without co-pays, deductibles, or other cost sharing.
  • Health insurance coverage without co-pays, deductibles, or other cost sharing, and this bill would apply
  • This bill would ensure coverage of post-pregnancy mental health care without co-pays or deductibles,
Keywords: 995, all
Summary: The committee held a hearing on a large group of behavioral health and insurance-related bills. Topics included expanding access to mental health services by allowing physician assistants to authorize Section 12 emergency holds and be recognized as licensed mental health professionals (H. 1131/S. 773); improving coverage for community behavioral health centers so commercial insurance matches MassHealth’s bundled outpatient and crisis services (H. 1276/S. 703); eliminating cost sharing for certain behavioral health services (S. 718); extending detox and clinical stabilization coverage from 14 to 30 days and adding transitional support services (H. 1319/S. 772); requiring coverage for dual-diagnosis treatment in psychiatric facilities (H. 1277/S. 771); and preserving access to treatment for serious mental illness through coverage of coordinated specialty care and assertive community treatment (H. 1135/S. 709). The committee also heard bills on preventive behavioral health services for children (H. 1228/S. 802) and post-pregnancy mental health care, including postpartum depression and pregnancy loss-related care (H. 1314/S. 823).
KY
Transcript Highlights:
  • ,<01:00:58.880> but has, um, admission standards, but has, um, admission standards, but they're
  • have any federal or state tax credits or deductions at all.
  • have any federal or state tax credits or deductions at all.
  • have any federal or state tax credits or deductions at all.
  • have any federal or state tax credits or deductions at all.
Keywords: 958, all
Summary: The meeting focused on Kentucky school choice and innovation, with discussion of the state constitution’s “common schools” requirement and how that has been interpreted alongside newer education models. Chairman Tipton described model laboratory schools, Gatton and Craft Academies, magnet and virtual programs, and said these options show that Kentucky has long expanded opportunity through innovation. He then turned the discussion to Senate Bill 207, which he said was designed to support schools of innovation. Senator Steve West reviewed the history of Kentucky charter schools and explained that SB 207 was modeled on a South Carolina approach. He said the bill allows a local school board to contract with a third-party entity to manage an existing school, seek waivers from certain state rules, and receive SEEK funding while also allowing outside private investment. He emphasized that the district initiates the process, that the school remains public, and that the bill includes accountability through a time-limited contract that can be ended if the school is not performing. Members asked about the difference between SB 207 and the earlier charter school law, whether schools could cherry-pick students, and whether teachers would remain district employees. West and Tipton said the new model is tied to an existing school rather than a new charter, cannot cherry-pick students, and keeps teachers as district employees. Representative Brown raised concerns that charters and exceptions could leave some children out, especially lower-income students, while West responded that the proposal is intended to expand choice for families who may not otherwise have it and cited examples from other states where similar models improved low-performing schools. No vote or formal action was taken during the discussion.
CA
Transcript Highlights:
  • and Technology Cybersecurity Framework. federal information processing standards and other state and
  • We next have a BCP related to chaptered legislation regarding building standards.
  • Two relate to hospital building standards and one to clinic.
  • Clinic standards for clinics not affiliated with hospitals.
  • So this has some positions to implement those building standard changes.
Keywords: 988, house, all
KY
Transcript Highlights:
  • It aligns with national standards.
  • <00:09:07.480> C make it aligns with national standards C make it aligns with national standards
  • five low-attendance days in addition to the five days deducted.
  • Five days deducted, so I think that's great.
  • <00:58:06.079> five shall be calculated by by deducting five shall be calculated by by deducting
Summary: The Senate Standing Committee on Education met and first handled introductions of guests and visitors from several school districts and education groups. The committee then took up Senate Bill 3, which relates to student athletes and includes an emergency clause. The bill sponsor and invited witnesses, including athletics directors from the University of Kentucky and the University of Louisville, said the measure is intended to update Kentucky’s NIL laws in light of the House v. NCAA settlement and other national changes in college athletics. Supporters said SB 3 would let Kentucky universities directly compensate student athletes, help them secure third-party NIL deals, require reporting of deals over $600, and create guardrails and fair-market-value review to reduce pay-for-play concerns. They emphasized that the bill is meant to keep Kentucky institutions competitive, align with expected national standards, and prepare for changes expected around July 1, 2025. Witnesses also discussed the need for more uniform rules nationally, the role of the Power Four conferences in developing governance and clearinghouse systems, and the desire to preserve both athlete mobility and continuity in college sports. Several members raised concerns about the transfer portal, NIL incentives, and the broader effect on college athletics, with one senator saying NIL and the portal have damaged the sport but acknowledging Kentucky must compete. Witnesses responded that tighter portal windows and clearer national rules would help, while still preserving student-athlete transfer rights when needed. After discussion, the committee moved to a vote on SB 3; the roll call was taken, and the bill advanced out of committee, with at least one senator explaining a reluctant yes vote because of competitive pressures on the Commonwealth.
NM

New Mexico 2025 Regular Session

IC - Federal Funding Stabilization Subcommittee Jul 1st, 2025

Federal Funding Stabilization Subcommittee

Transcript Highlights:
  • I'll touch on this, which is the SALT cap deduction debate.
  • It's my understanding we've gone to some kind of a deduction instead, and so the question is, Mr.
  • So, you have the SALT cap deduction, and that is in the bill. So, the original, you know.
  • Overnight and again, you can kind of see how New Mexico utilizes the SALT cap deduction.
  • The second part of the SALT deductible.