Video & Transcript Research : 'rate deviations'

Page 240 of 500
CA

California 2025-2026 Regular Session

Senate Energy, Utilities and Communications Committee Jun 3rd, 2026

Energy, Utilities and Communications

Transcript Highlights:
  • So the first excise tax on gasoline was imposed in 1923 at a rate of 2 cents per gallon to fund and maintain
  • revenue neutral, eliminated the state's portion of sales tax on gasoline, lowering the statewide tax rate
  • These are nominal rates, meaning they are not adjusted for inflation.
  • These are nominal rates, meaning they are not adjusted for inflation.
  • You know, I wish the senator from Bakersfield were here because she would love my tie rate.
Keywords: 987, senate, all
Summary: The Senate Committee on Energy, Utilities and Communications held an oversight hearing on managing the transportation fuels transition, with a focus on gasoline prices, supply reliability, refinery closures, and the implementation of recent transparency and market oversight laws. Chair Allen opened by citing SB 1322 and special session measures that expanded reporting to the California Energy Commission (CEC), authorized possible refining margin caps, and required minimum inventory and resupply planning. He framed the hearing around rising fuel costs, refinery shutdowns, global supply disruptions, and the need to ensure affordable and reliable fuel during the transition to cleaner transportation. CEC Vice Chair Siva Gunda described California’s growing dependence on imports as in-state refining declines, noting that gasoline production has fallen and imports now supply a large share of the market. He said the state has substantial marine import capacity and that the proposed Gateway Pipeline could improve connectivity to the Gulf Coast, but emphasized that distribution and storage remain key constraints. Gunda also said the CEC’s new “days of supply” metric suggests inventories remain within historical ranges, and he attributed recent price increases largely to global crude oil shocks, refinery outages, and the war in Iran. He said taxes and environmental costs have remained relatively stable, while crude costs and industry margins have risen. CDTFA Chief Deputy Director Gentian Droboniku focused on retail pricing, saying widening retail margins and growing price dispersion indicate that retail business models and pricing strategies are increasingly driving pump prices. He highlighted the growth of hypermarts and unbranded stations, the widening gap between branded and unbranded prices, and future work on ownership concentration and algorithmic pricing. Ty Milder of the Department of Petroleum Market Oversight said the Iran conflict is the largest global oil supply disruption in history and that California’s recent price increases largely track national and crude price movements, unlike earlier localized spikes that lacked input-cost justification. He said branded stations, especially major brands, have charged substantially more than nearby competitors, and that the “mystery gasoline surcharge” that appeared after the Torrance refinery fire is still under investigation. Milder also pointed to high diesel spreads, limited market liquidity, and the need for more transparency in spot pricing. Matthew Boutill of CARB said the state’s long-term goals remain deep greenhouse gas reductions and carbon neutrality by 2045, with transportation fuel transition strategies aimed at cleaner fuels, zero-emission vehicles, and support for workers and communities. In questioning, Senators Caballero and Richardson pressed agency witnesses for clearer, more concrete explanations of what the transition will look like in practice, how many refineries California will still need, and what the impacts of increased imports will be on ports, trucking, storage, and local communities. No votes or formal actions were taken.
OK
Transcript Highlights:
  • Senate Bill 2007 is a PBM bill that would require PBMs to be consistent with the reimbursement rates
  • when there's been an appeal and a reimbursement rate has been raised as a result of the appeal.
  • and a reimbursement rate has been raised as a result of the appeal.
  • That the pharmacists will file an appeal, saying that they were reimbursed below the actual rate.
  • rate going forward.
Summary: The House met in quorum call and then took up a long series of Senate bills, most of them passing with little or no debate. Early action included SB 1475, renaming the I-35 bridge at Indian Hills in Norman as the Toby Keith Memorial Interchange, which passed 77-5. SB 1447, modifying the RFP process for the state employees’ prescription drug plan, passed 87-0. The chamber also adopted Senate amendments to HB 2288 on the Teacher Retirement System, shortening the return-to-work waiting period for teachers from three years to six months, and both the bill and its emergency clause passed 90-0. Other education-related measures included SB 1521 on conversational AI child protections, SB 1276 making the “bell-to-bell, no-cell” school cellphone restriction permanent, SB 201 raising the minimum teacher salary schedule by $2,000, and SB 1721 extending and restructuring the Oklahoma Advisory Council on Indian Education; all advanced, with SB 201 drawing the most debate over teacher pay, local control, and whether the increase was enough. The House also passed bills on veterans, public safety, and state operations. SB 1533 would allow the Oklahoma Department of Veterans Affairs to bury Oklahoma resident veterans who die out of state. SB 1232 updated penalties for copper theft, SB 1255 shifted medical pardon review from the DOC director to the medical director, SB 1327 restored more authority to the Oklahoma Tourism and Recreation Commission board, and SB 1525 authorized up to $75,000 for the state’s annual tourism conference; the tourism bill also received emergency passage. Additional measures included SB 667 clarifying chiropractic education language, SB 1436 requiring hospitals to provide information after fetal death, SB 1317 allowing career teacher status to transfer to a new district with approval, SB 604 resolving motor vehicle statutory conflicts, SB 1325 protecting domestic abuse victims, SB 1496 updating OSBI authority, SB 2007 requiring PBMs to honor appealed reimbursement rates going forward, SB 1567 clarifying nursing language, SB 2112 cleaning up open pasture road law, SB 1980 creating gift card protections, SB 1735 aligning career tech oversight, SB 1558 clarifying child-care licensing rules for certain group homes, SB 1491 clarifying replacement presidential electors’ oath requirements, SB 1287 allowing the Abstractors Board to deny licenses to people not legally working in the U.S., and SB 1378 creating an Olympics in Oklahoma revolving fund. Most of these passed by wide margins, and several emergency clauses were adopted. The chamber also rejected a motion to vacate the temporary presiding officer, and later voted to reject Senate amendments to HB 3403 and request further conference, while also requesting a second conference committee report on HB 1851. The session included multiple gallery introductions, including visitors, ag students, and a large page presentation. The House adjourned until Wednesday, April 29, 2026, at 10:30 a.m.
OK
Transcript Highlights:
  • pursue their education, and then remain in this state, contributing to our workforce at a very high rate
  • rural Oklahoma who will earn a doctor of this state, contributing to our workforce at a very high rate
  • language today, we have a situation where we have infrastructure that's being taxed at the utility rate
  • At a 22.1 side of the road, the Oklahoma company is taxed at 22.8% tax rate, and then on the other side
  • Republican side of the body passed one a few years ago to make sure we could fund education at a higher rate
KY
Transcript Highlights:
  • elects client-level reporting, adds definitions, and establishes instructions necessary for accurate rate
  • <00:07:55.720> The<00:07:55.800> staff accurate rate assignment.
  • The staff accurate rate assignment.
  • leave, clarify accumulated annual leave, clarify holiday<00:13:33.080> pay<00:13:33.280> rate
  • is based on a 7 and 1/2 holiday pay rate is based on a 7 and 1/2 hour<00:13:35.320> work<00:13
Keywords: 958, all
Summary: The committee met with a quorum, approved the prior meeting’s minutes, and then reviewed a series of administrative regulations from multiple agencies. Most of the regulations were presented as technical updates or policy clarifications, and in each case the committee approved staff-suggested amendments without objection. The Department of Revenue regulation would delete a section on tax credits for trusts and estates to align with statute. The Kentucky Public Pensions Authority package updated definitions, sick leave credit rules, hazardous/non-hazardous employment participation, refund procedures, contribution limits, mortality table references, and incorporated federal tax references. The Board of Medical Licensure regulations addressed renewal and activation of inactive physician-assistant licenses and renewal/reinstatement timelines for athletic trainer licenses. The Fish and Wildlife regulations revised rules for Otter Creek and Peabody areas by deleting definitions and creating shooting-range permit exemptions. The committee also heard emergency vocational rehabilitation regulations that would clarify definitions, due process rights, federal compliance, service fees, in-state service preferences, and service-specific requirements; a workforce insurance regulation updating contribution/reporting rules for professional employer organizations; and a horse racing regulation adding license categories for allied animal health professionals, animal chiropractors, and equine dental providers, while updating fees, application timing, and special events licensing. Members asked questions about the horse racing licensure changes, and the agency explained they were responding to prior session changes and adding guardrails, including veterinarian sign-off for equine therapist licensure on the back side of a racetrack. The Department for Public Health package made several personnel and salary-related changes for local health departments, including salary ranges for new hires, probation and evaluation rules, salary increases after probation, and limits on certain leave payouts for employees who separate without proper notice or are dismissed for cause. The Office of Inspector General regulation added electronic prescription references and removed authority to create a new prescription number for partial dispensing of Schedule II prescriptions. The Department for Medicaid Services regulations updated provider group definitions, removed some service limits, required prior authorization for all genetic testing for non-MCO recipients, changed physician fee schedule updates from quarterly to annually, and added reimbursement for department-approved vaccines. Members asked detailed questions about genetic testing prior authorization and sleep disorder coverage; the agency said prior authorization is intended to take two to five days and that sleep disorder services generally involve sleep apnea-related treatments such as CPAP machines and sleep studies. The committee then adjourned and announced its next meeting for Tuesday, May 12 at 1:00 p.m.
VA

Virginia 2026 Regular Session

March 14, 2026 - Regular Session Part 2

Virginia House Floor Meeting

Transcript Highlights:
  • This conference report relates to prevailing wage rate for public works contracts, definition, civil
  • So the overall rate could hover around 12% to 16.5%.
  • And so I said, well, why not do a report annually to see if the tax rate is too high or too low?
  • And a 30% reduction in the murder rate is something...
  • A 30% reduction in the murder rate is something that should be applauded. So, Mr.
FL

Florida 2026 4th Special Session

February 24, 2026 - 03:00 PM

Commerce Committee

Transcript Highlights:
  • located within the boundaries of a separate municipality that provide service to must not impose more rates
  • And it is truly a market rate decision.
  • And again, that's on market rate, that 80% to one 20%.
  • And again, that's on market rate, that 80% to one 20%. portion for the property tax exemptions.
  • The property is near an existing line and the customer pays all lawful rates and fees.
MO

Missouri 2026 Regular Session

Government Efficiency Jan 15th, 2026 at 08:00 am

Government Efficiency

Transcript Highlights:
  • As you know, with Hancock, if the assessments go up, the rate must come down to only The assessments
  • go up, the rate must come down to only keep a certain, you know, the inflation amount, you know, up to
  • look at multiple states and all the states that don't have these inspections have a higher fatality rate
  • And I challenge folks to go out and look at the increased rates and see if those are caused by vehicle
  • Now, just to respond, my guy, he just recently quit because his shop hour rate was $90 an hour.
Keywords: 959, house, all
FL

Florida 2025 Regular Session

December 10, 2025 - 01:00 PM

Transcript Highlights:
  • INCLUDING TRAINING, SYSTEM UP RATES AND SUPPORT. SUSTAINABILITY MATTERS.
  • OVER THE LAST NINE YEARS WE HAVE KEPT A LOW TO MID 90% GRADUATION RATE IN ST. LUCIE COUNTY.
  • OVER THE LAST NINE YEARS WE HAVE KEPT A LOW TO MID 90% GRADUATION RATE IN ST. LUCIE COUNTY.
  • WE ARE PROUD OF THAT AND LAST YEAR WAS THE FIRST TIME TO BECOME AN A RATED DISTRICT BECAUSE OF THE VISION
  • MANY OF YOU ON THIS COMMITTEE HAVE SEEN HOW WE SET A RECORD WITH 97% RETENTION RATE.
NM

New Mexico 2025 Regular Session

IC - Indian Affairs Nov 14th, 2025

House Government, Elections & Indian Affairs

Transcript Highlights:
  • , meaning that they're going to have to pull out private loans with higher interest rates. especially
  • Once again, low interest rates.
  • On page 21, you were talking about indirect cost rates or the facility. facilities administrative costs
  • Okay, so can you tell me what the range of IDC rates are?
  • The majority of which are nurses and doctors, and their retention rates, once they complete and pay off
TX

Texas 89th 1st C.S.

Natural Resources Aug 11th, 2025

Natural Resources

Transcript Highlights:
  • The rate that we received and the amount of rain that we received, as Commissioner pointed out, the 20
  • mapping and modeling, Bryan, you said they're not going to replace the FIRMs, the flood insurance rate
  • ...that they're not going to replace the FIRMs, the flood insurance rate maps. Why not?
  • But right now the recharge rate is whatever water's falling in those outcroppings as it flows across
  • which, you know, basically force a detention of water to allow that water to recharge at a more rapid rate
Summary: The House Committee on Natural Resources met to focus on flooding issues across Texas, with particular attention to South Texas and the recent catastrophic flooding in Central Texas. Chair Harris and Vice Chair Martinez emphasized that flooding is a statewide problem requiring continued legislative attention. The committee heard invited testimony from Hidalgo County Commissioner David Fuentes and Hidalgo County Drainage District No. 1 General Manager Raul Sassine, who described the March flood event in Hidalgo County, including more than 20 inches of rain, six deaths, over $100 million in local damage, widespread road flooding, and repeated shutdowns of Interstate 2 and its frontage roads. They argued that existing drainage systems are under capacity, that TxDOT projects must account for downstream drainage impacts, and that local governments have already invested heavily in mitigation through bonds and partnerships. Fuentes and Sassine also described the county’s long-term flood mitigation and water-reuse efforts, including the Delta region water management project, which would capture stormwater, runoff, and treated effluent, reduce flooding, and create potable water supply. They said the drainage district manages about 780 miles of channels and 1,100 acres of detention facilities, has used prior Flood Infrastructure Fund and GLO grants, and has ongoing applications for additional state and federal assistance. Members discussed the need for TxDOT coordination, emergency access on frontage roads, local “skin in the game,” and the possibility of combining flood control with aquifer recharge and water supply projects. Texas Water Development Board Executive Administrator Brian McMath then presented an overview of the state’s flood planning and funding framework, including the post-Harvey legislative changes that created the Flood Infrastructure Fund, the Texas Infrastructure Resiliency Fund, and the regional/state flood planning process. He summarized the first state flood plan adopted in 2024, noting that about one in six Texans live or work in known flood hazard areas and that regional plans identified 4,609 flood risk reduction solutions with an estimated cost of $54.5 billion. He also reviewed TWDB programs for flood grants, community assistance, flood insurance compliance, stream gauges, TexMesonet, flood mapping, and the TexasFlood.org viewer. Members asked about drainage fees, technical assistance, gauge placement, the relationship between flood maps and FEMA FIRMs, and whether flood mitigation funds could support aquifer storage and recovery or recharge projects; TWDB staff said such projects can be eligible if they include flood mitigation components, but direct technical assistance cannot be paid from Flood Infrastructure Fund dollars. The committee concluded by expressing interest in further study of combining flood mitigation with aquifer recharge, and then adjourned.
NM

New Mexico 2025 Regular Session

IC - New Mexico Finance Authority Oversight Jul 9th, 2025

New Mexico Finance Authority Oversight Committee

Transcript Highlights:
  • Again, if you notice, the interest rates are really very favorable to us.
  • it's really done good for the cities and the municipalities when we can get this kind of interest rate
  • And of course, the interest rates are good. Thank you. Okay, thank you very much.
  • We also removed a cap to fund at 0%, and the remaining would be funded at a non-disadvantaged rate.
  • They measure the utilization rate really against all available funding sources.
TX

Texas 89th Regular

Water, Agriculture, and Rural Affairs May 19th, 2025

Water, Agriculture and Rural Affairs

Transcript Highlights:
  • most influential programs from the authority are the Young Farmers Grant Program and the Interest Rate
  • The Interest Rate Reduction Program helps Texas farmers and ag businesses get lower-interest loans by
  • House Bill 43 increases the maximum loan amount and decreases the maximum state-set deposit rate from
  • the proposed changes to reduce the matching requirements, the increased funding, and the interest rate
  • the proposed changes to reduce the matching requirements, the increased funding, and the interest rate
Summary: The Senate Committee on Water, Agriculture, and Rural Affairs met with only four members initially present, so quorum was not established until later in the hearing. The committee heard several agriculture-, wildlife-, and food-labeling-related bills, including HB 3479 on expanding the Rio Grande vegetative management program beyond carrizo cane to other noxious vegetation, SB 823 on shrimp origin labeling and restrictions on misrepresenting imported shrimp as Texas or Gulf shrimp, HB 3088 on giving Texas Parks and Wildlife more flexibility to procure resale goods for park gift shops, HB 1275 on permits for non-bovine dairy farms in certain TB-affected areas, HB 519 on honey production and packaging rules, HB 609 on cleaning oyster cages in-bay with bay water only, HB 1592 on a voluntary AgriLife pest and disease alert system, HB 2842 on targeted urban deer depredation permits, and HB 4163 on limiting city requirements that agricultural operators maintain roadside rights-of-way. Testimony generally came from industry groups, agency resource witnesses, and affected producers, with most witnesses supporting the bills and several bills drawing questions about enforcement, labeling responsibility, and the scope of local authority. The most extensive discussion centered on SB 823, where Vice Chair Hancock and others questioned why wholesalers would be covered if they cannot relabel products. The bill author and restaurant association witness said the measure was intended to improve transparency and allow enforcement against intentional mislabeling, while preserving a good-faith defense and clarifying that the bill does not create a private cause of action. HB 519 also drew supportive testimony from beekeepers and a family farm, who argued that current rules treat honey extraction and bottling too much like food manufacturing and burden small operations. HB 609 was presented as a way to save time and resources for cultivated oyster mariculture by allowing cage cleaning in the bay without soaps or chemicals, and HB 1592 was described as a voluntary opt-in alert system for pests and diseases coordinated through AgriLife and other state agencies. HB 43 generated the most detailed policy debate. The bill would restructure and expand the Texas Agricultural Finance Authority, update grant and loan programs, and create a pest and disease control depredation program. The committee substitute reduced some funding caps, changed references from predators to depredating animals, and made the financial provisions contingent on appropriations. Supporters from Texas Farm Bureau, cotton growers, grain and feed interests, and young farmers described severe drought, inflation, land loss, rising input costs, and shrinking infrastructure as major threats to agriculture, while one witness urged preserving priority for young farmers. After testimony, the committee adopted the committee substitute and reported HB 43 favorably. The committee also voted HB 519, HB 609, HB 1275, HB 1592, HB 3088, HB 3479, HB 2842, and HB 4163 favorably, with several recommended for the local and uncontested calendar. SB 823 was reported from committee on a 6-2 vote after adoption of the committee substitute. The meeting ended with notice that the committee would tentatively reconvene Friday morning and then recessed subject to the chair's call.
TX

Texas 89th Regular

Education K-16 (Part I) May 15th, 2025

Education K-16

Transcript Highlights:
  • We have districts that have met with all of us that have said, you know, if we have an A- or B-rated
  • As mentioned previously, my campus has excellent retention rates.
  • Additionally, this study found that if all first-year teachers in Texas had the same retention rates
  • We know that suicide rates are up among young people. Depression is up.
  • We know that suicide rates are up among young people. Depression is up.
Bills: HB2
Summary: The Senate Education K-16 Committee met to consider HB 2, the major school finance bill, with the chair explaining that the committee substitute would provide about $8 billion in new public education funding. The bill was described as including permanent teacher compensation increases, expanded teacher incentive allotment funding, support for early literacy and numeracy, teacher certification and residency pathways, special education funding, career and technical education, school safety dollars, and facilities support for charter schools. The committee adopted the committee substitute without objection after roll was called and a quorum was present. Members questioned the bill’s structure, especially the balance between across-the-board teacher pay and the teacher incentive allotment, the treatment of uncertified teachers, and differences in requirements between traditional public schools and charter schools. Senator Menendez and Senator West raised concerns about equity, charter-school parity, facilities funding, inflation, and whether the bill should include more support for fine arts and extracurricular programs. The chair responded that the bill was designed to direct most new money to traditional public schools while also preserving flexibility and that charter-school and public-school alignment would need further work. Invited witnesses Dr. Imelda De La Rosa and Val Acri testified in support of the bill, emphasizing that the Teacher Incentive Allotment helps recruit and retain teachers in rural districts and supports mentorship and certification pathways. Public witnesses also supported the bill but urged more funding for fine arts, local flexibility, and full restoration of House-proposed funding levels. Dr. Josh Jones supported year-long teacher residencies, Dr. Philip Morgan asked for more local control and restoration of fine arts funding, Rich Saina supported the bill but warned about hold-harmless reductions, and Dr. Greg Poole supported the bill while asking for flexibility for high-performing districts that already pay high salaries. After the invited testimony and some public testimony, the committee recessed subject to the call of the chair so members could attend the Senate floor.
MN

Minnesota 2025-2026 Regular Session

Taxes Committee Meeting - 2025-05-06

Taxes

Transcript Highlights:
  • In addition, the vendor allowance rate would be 0.254% in the current biennium and 0.159% in the tails
  • Section 14 of Article 7 establishes a permanent rate of 0.5% for the credit for research under the provider
  • allows certain nonprofits that receive donations for resale to qualify for the lower solid waste tax rates
  • Williams also mentioned, it has a rate of 2.54 percent in fiscal years 2026 and 2027, and 1.59 percent
  • A new proposal included that adjusts and generally reduces the SFIA payment rates from fiscal years 2026
TX

Texas 89th Regular

Senate Session (Part I) May 6th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • 21, which I represent, and that is home to five of the top 20 counties with the highest Alzheimer's rates
  • Last week, for example, the New York Post reported that Starr County has one of the highest rates of
  • above the voter-approved tax rate for a specific purpose.
  • Well, first off, the 60% threshold of the M&O rate has been in effect for 10 years, as a bill that was
  • that exceeds the voter approval tax rate or authorize the issuance of tax bonds.
Summary: The Senate opened with a quorum, an invocation, and routine business including dispensing with the previous day’s journal, receiving a House message on HB 104/HJR 34, and a gubernatorial message naming two appointees to the Texas Real Estate Commission. The chamber also adopted several resolutions recognizing Alzheimer’s Advocacy Day, Golf Day in Texas, Cindy Ramos-Davidson, and the 50th anniversary of the Harris-Galveston Subsidence District. Members then adopted memorial resolutions honoring fallen first responders, including Deputy Jesse Ray Perez and Deputy Melissa Pollard, and the Senate agreed to adjourn in their memory. The Senate considered and passed several bills. SB 2199 increased penalties for loading overweight vehicles transporting hazardous materials; SB 1959 adjusted permit factors for the North Texas Groundwater Conservation District; SB 1376 changed supervision rules for code enforcement officer trainees; SB 2595 created a new offense for harassing, intimidating, or threatening someone while concealing identity with a mask or similar headgear; SB 1012 authorized sale or lease of certain surplus state property in Austin; SB 2245 revised bonded title procedures; SB 2605 created a municipal housing authority asset commission; SB 3044 expanded and adjusted the board of the Presidio County Underground Water Conservation District; SB 628 clarified county fire code enforcement authority through interlocal agreements; SB 2778 raised the spending threshold for emergency services district employees; SB 3039 addressed public higher education transfer issues; and SB 2523 allowed release from municipal extraterritorial jurisdiction by petition. Most of these bills were passed to engrossment, the three-day rule was suspended, and final passage was completed, often by wide margins. The chamber also took up SB 1844, which would require cities to provide services before expanding taxing areas into limited-purpose jurisdictions; a floor amendment narrowed the bill, and it was passed to engrossment. SB 2284 clarified municipal and county authority over firearms, airguns, archery equipment, and related items, and was passed despite opposition. SB 2529, dealing with the vote threshold for taxing units to adopt higher tax rates or issue tax bonds, prompted extended debate over voter approval and representative decision-making; after questions, the bill was passed to engrossment and held. At the end of the session, the Senate recessed for 20 minutes and announced it would meet as the Caucus of the Whole.
CA

California 2025-2026 Regular Session

Assembly Elections Committee Apr 30th, 2025

Transcript Highlights:
  • law requires that ballot labels for local tiered tax and bond measures include estimates of the tax rate
  • plain-language explanation of the measure's financial details, such as how funds will be spent, what rates
  • plain language explanation of the measures financial details, such as how funds will be spent, what rates
  • The tax rates fluctuate to pay principal and interest due to the changes in the economy, project schedules
  • and AB 195 were simple measures that added one sentence to the ballot label, specifically that the rate
Summary: The Assembly Elections Committee met on April 30, 2025, beginning as a subcommittee until a quorum was established. The committee first approved six bills on consent, including AB 950, AB 953, AB 1214, and three committee bills. It then heard several measures dealing with election administration, ballot transparency, and campaign finance, with most authors accepting committee amendments and several bills being held on call for absent members. AB 930 by Assembly Member Ward would extend the deadline for counting timely postmarked vote-by-mail ballots from three to seven days after Election Day and update recount procedures, including online posting of recount results and clearer rules for recount requests. The bill was supported by county election officials and passed out of committee with a due-pass recommendation, though it was initially held on call. AB 459 by Assembly Member DeMaio proposed allowing electronic signatures for initiatives, referenda, and recalls; the Secretary of State and labor groups opposed it over security, implementation, and cost concerns, and the committee ultimately rejected the bill after reconsideration. AB 699 by Assembly Member Stephanie would change how local tiered tax and bond measures are described on ballots by allowing more detail to be placed in the voter guide; housing, school, and local government groups supported it, while taxpayer and realtor groups opposed it as reducing ballot transparency. AB 1188, presented on behalf of Assembly Member Ortega, would list the top three funders supporting and opposing statewide initiatives and referenda directly on the ballot; transparency advocates and labor supported it, while county election officials and business groups raised concerns about ballot length and processing costs. Both AB 699 and AB 1188 passed out of committee with amendments and were held on call. The committee also heard AB 827 by Assembly Member Berman, which would standardize and extend the deadline for curing vote-by-mail signature problems, add a link to cure forms in ballot-tracking notifications, and make other changes to improve ballot curing. It drew no opposition in the hearing and passed with a due-pass recommendation. AB 351 by Assembly Member McKenna would raise the Levine Act contribution threshold for local officials to $1,500 and add CPI adjustments; supporters said it would reduce administrative burdens and reflect modern campaign finance realities, while good-government groups and the League of Women Voters opposed it as weakening anti-corruption protections. The committee initially failed AB 351, then granted reconsideration, but the transcript ends before a final disposition is clearly completed. Finally, AB 1079 by Assembly Member Farías would eliminate the automatic appellate stay in California Voting Rights Act and Fair Maps Act cases; it was supported as a way to prevent delayed remedies in voting rights cases, opposed by the City of Santa Monica over impacts on ongoing litigation, and passed with amendments. After taking up the held items, the committee recorded final votes on the bills, including passage of AB 930, AB 699, AB 1188, AB 827, and AB 1079, and rejection of AB 459.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • So that depends on what the actual investment returns are. returns, what the actual retirement rates
  • Our options are doing that or putting up cash, and constraining our cash position really drives the rates
  • Particularly in an emergency, if your bill passes, they would have to require a quick, large rate increase
  • It does not mandate a contribution rate increase.
  • that I have a responsibility to protect the safety and security of the not believe the contribution rate
US
Transcript Highlights:
  • To the large US corporation hedging its interest rate risk.
  • abuse of their power. by a federal judge in the debt box case and experienced its highest attrition rate
  • No part of 2155 instructed SVB to assign, SVB's regulators to assign the highest liquidity ratings to
  • And, you know, I think they, not only do they rate SBB's liquidity.
  • At the highest rating, they overlooked their internal liquidity stress test failures at the firm.
Summary: The committee meeting focused on several nominees within key financial institutions, including discussions surrounding the SEC, the Federal Transit Administration, and the Comptroller of the Currency. Notable dialogue included concerns over regulatory balance, with various members emphasizing a need to streamline regulations to foster innovation while ensuring accountability and safety for investors. The importance of the proposed 'Empowering Main Street in America Act' was highlighted as a means to facilitate access to capital for small businesses, underlining the current administration's approach towards financial regulations.
TX

Texas 89th Regular

S/C on Transportation Funding Mar 10th, 2025

S/C on Transportation Funding

Transcript Highlights:
  • account for 62% of what you're using to build Texas, uh, are... deflating, diminishing at an astounding rate
  • As we're showing the charts showing a diminishing rate of return, that, too, begins. to illustrate and
  • Which means our roads are consumed far greater rate, but we don't receive a greater rate And I think
  • have large commercial centers where there's tons of commercial traffic consuming. 10,000 times the rate
  • only that Congress has recognized. still got a problem, like we do, with the gasoline tax. growth rate
Keywords: 1184, house, all
TX

Texas 89th 2nd C.S.

Appropriations - S/C on Articles I, IV, & V Feb 27th, 2025

Appropriations - S/C on Articles I, IV, & V

Transcript Highlights:
  • to receive $41 million less during the 26, 27 biennium due to a recent rate cut uh provided by the Federal
  • Historically, high rates of attrition driven by low salaries negatively impact.
  • For example, in a particularly dark year, 2019, um, our attorney attrition rate was 40%.
  • Our mitigation specialist attrition rate was 100%.
  • Thanks to your investment last session, our, our attrition rate dropped to 0% among attorneys and 15%