Transcript Highlights:

• These tax deductions are not well These tax deductions are not well targeted<00:15:11.839> to<
• from an intax deduction for tips. from an intax deduction for tips.
• rate structure means a dollar deduction rate structure means a dollar deduction generates<00:26:
• It's just that going to be deducted.
• using that as a deduction. using that as a deduction.

Keywords: 1183, house

Summary: The committee took up House File 3524 and House File 3525 and laid both over for possible inclusion in the omnibus tax bill, with no amendments adopted and no vote taken at this stage. HF 3524 would conform Minnesota law to the federal overtime tax deduction, and HF 3525 would conform to the federal tip-income deduction. The author argued both bills would help workers keep more of their earnings, simplify tax filing, support labor-force participation, and provide relief to workers in hospitality, trades, health care, and other industries. The committee heard testimony in support from a restaurant owner, Sandra Weiss of the Finnish Beastro in St. Paul, who said the bills would help tipped workers keep more of their income and would support hospitality businesses. She described her staff as roughly half men and half women, including students and long-term employees, and said front-of-house tipped workers and back-of-house workers face different pay levels. She also said Minnesota’s tip rules and lack of a tip credit create challenges for the industry. During questioning, members discussed wage disparities, the makeup of her workforce, and the practical effects of the proposals. Opposition testimony came from Nan Madden of the Minnesota Budget Project and Eric Bernstein of We Make Minnesota, both of whom argued the bills are regressive, poorly targeted, and costly. They said the deductions would mainly benefit higher earners, violate horizontal equity by treating similar incomes differently, and could encourage compensation restructuring. They also warned the combined cost would exceed $500 million over the 2028-29 biennium and could pressure funding for health care, education, and other public services. Mark Havenman of the Minnesota Center for Fiscal Excellence similarly criticized the bills on tax fairness and administrative grounds, noting the federal tip deduction framework is still under development and could create enforcement issues. Nonpartisan staff provided revenue estimates showing HF 3524 would reduce general fund revenue by about $365.9 million in fiscal 2027 and HF 3525 by about $126 million in fiscal 2027, with smaller ongoing impacts in later years. Members also raised questions about how the bills would be paid for and what income would qualify under the overtime deduction.

Transcript Highlights:

• expenditures, and non-payroll expenditures.
• period which includes receipts payroll period which includes receipts payroll expenditures<00:03
• Services during our audit period payroll Services during our audit period payroll was<00:04:23.040
• about 26 million um other non-payroll about 26 million um other non-payroll expenditures<00:04:30.320
• receipts and payroll receipts and payroll expenditures<00:05:09.560> and<00:05:09.840>

Keywords: 1183, house

Transcript Highlights:

• So is the change in holidays, then, uh, the payroll jobs.
• This is payroll job counts, and the payroll job counts, the reason we have a little bit less than 1%
• This is payroll job counts, and the payroll job counts, the reason we have a little bit less than 1%
• This is payroll job counts, and the payroll job counts, the reason we have a little bit less than 1%
• This is payroll job counts, and the payroll job counts, the reason we have a little bit less than 1%

Keywords: 912, senate, all

Transcript Highlights:

• So you're basically paying your deductible twice.
• I have a question: when you talked about the high-deductible plan, so if somebody had a low-deductible
• plan like a thousand... ...deductible plan.
• So if I have a low deductible, I receive this benefit along with people that have the high deductible
• It would be counted toward your deductible.

Bills: SB2271, HB1216

Keywords: adult residential facilities, care services, Medicaid, payment rates, elderly care, health services, North Dakota, prescription drugs, drug affordability, copay assistance, copayment accumulator, deductible accumulator, out-of-pocket maximum, health insurance, health benefit plan, self-insured health plan, self-funded plan, third-party payment, manufacturer assistance, patient assistance program

Summary: The Appropriations Committee met with a quorum and took up three bills. House Bill 1216, dealing with prescription drug expense co-pay accumulators in health plans, was presented by Rep. Karen Carl’s, who explained it would prevent insurers from refusing to count third-party assistance toward deductibles for patients using high-cost, non-generic drugs. An amendment was offered to clarify effective dates, including a delayed January 1, 2026 start for PERS coverage. PERS testified that the amendment would align with its calendar-year benefit structure and likely reduce the fiscal note. The amendment was adopted 16-0, and the bill was set aside for further discussion later. House Bill 1199, creating a criminal justice data-sharing system and missing persons/missing Indigenous people task force, was introduced with a committee amendment changing the Attorney General reference to the Attorney General or designee. The committee noted the bill includes a $250,000 general fund appropriation for ongoing costs. The amendment passed 16-0, and the amended bill received a do pass recommendation by a 15-1 vote, with one no vote from Senator Magrum. House Bill 1531, appropriating $75,000 for an irrigation expansion study by the Agriculture Commissioner, was supported as a way to update older economic-impact studies on irrigation and assess opportunities for expansion. Members discussed its relationship to broader study pauses and the history of irrigation development in the state, including Garrison Diversion and remaining authorized acres. The bill passed 16-0. The committee then discussed scheduling for the coming week, noting a heavy bill load and plans for daily morning meetings before adjourning.

Transcript Highlights:

• The first one, the increase to the standard deduction.
• The first one, the increase to the standard deduction.
• It's not an item of federal income or deduction.
• It's not an item of federal income or deduction.
• The standard deduction additional for seniors, a little bit of surprise there in that that federal deduction

Keywords: 908, all

Summary: The Budget Section Leadership Division met with a quorum and approved the March 18 minutes. The committee first heard an update from the Petroleum Council on oil and gas activity in North Dakota. Ron Ness said production is expected to remain relatively flat at just under 1.2 million barrels per day, with efficiency gains and longer laterals helping offset lower rig counts. He discussed oil and gas prices, gas taxation, flaring concerns, northward movement of drilling activity, and the importance of new infrastructure and enhanced oil recovery (EOR) pilots. Members asked about gas taxation, natural gas liquids, pipeline impacts, and the outlook for Continental and other operators. Ness said the industry is likely to remain steady rather than see a major ramp-up or decline. Matt Pearl of the State Tax Department then explained the federal “big beautiful bill” and its effect on North Dakota income tax collections. He said the law extends or makes permanent several federal provisions and creates temporary deductions for seniors, tips, overtime, and auto loan interest, with the biggest state impact coming from the standard deduction increase and business tax changes. He revised earlier estimates downward, saying the net cash impact on state collections is likely in the $30 million to $35 million range after accounting for business prepayments and one-time FY25 oilfield transaction effects. Committee members asked which provisions apply to standard versus itemized returns. OMB staff gave a detailed update on major capital projects and facility funding. Topics included Capitol grounds improvements such as 18th-floor renovations, wayfinding, seating, lighting, tree management, and restroom and lobby upgrades; security work at the governor’s residence, which has been delayed by the discovery of human remains; and space reconfiguration efforts in Bismarck-Mandan to reduce leases and create shared offices and conference rooms. They also reported on the State Facility Maintenance Fund, including roof, window, boiler, and kitchen projects at state facilities, and on the state hospital project in Jamestown, which remains on budget and on schedule for substantial completion in winter 2027 and opening in spring 2028. OMB also updated the committee on the Minot North Central State Office Building, the use of federal State Fiscal Recovery Funds, and the status of legislative intent and trust fund reports, including school aid turnback, the school construction loan program, the Foundation Aid Stabilization Fund, the Legacy Fund, and the Strategic Investment and Improvements Fund. The committee ended by discussing future agenda items, including government efficiency, cash management, Bank of North Dakota lines of credit, and the rural health transformation program, and then adjourned.

Transcript Highlights:

• The first one, the increase to the standard deduction.
• It's not an item of federal income or deduction.
• The standard deduction additional for seniors, a little bit of surprise there in that that federal deduction
• The standard deduction additional for seniors, a little bit of surprise there in that that federal deduction
• So the revisions made. and local tax deduction, a minor impact there.

Summary: The Budget Section Leadership Division met with a quorum present and approved the March 18 minutes. The committee first heard an update from the Petroleum Council on oil and gas activity, which described North Dakota production as holding steady around 1.1 to 1.2 million barrels per day despite lower prices and market volatility. The presentation emphasized that efficiency gains, longer laterals, and improved completion technology are allowing operators to sustain output while activity shifts north in the Bakken. Members asked about gas taxation, natural gas liquids, flaring, and enhanced oil recovery; the witness said gas is taxed by volume, most liquids are handled through oil lines or gas processing, and the state’s EOR pilot projects and new gas infrastructure are intended to help hold production flat and expand future recovery. The committee then received a presentation from the Tax Department on the federal “big beautiful bill” and its effect on North Dakota income tax collections. The department explained that most of the federal changes were extensions of existing Tax Cuts and Jobs Act provisions, but several items — including the larger standard deduction, senior deduction, tip and overtime exclusions, auto loan interest deduction, and business expensing changes — affect state collections. Revised estimates showed a smaller-than-expected impact on individual income tax, with the department suggesting a net cash effect in the range of roughly $30 million to $35 million when business and individual effects are combined, plus a possible one-time distortion from large oil-field transactions in fiscal year 2025. Members asked which provisions apply to standard versus itemized returns, and the department clarified that most of the individual provisions apply broadly, while the SALT-related item is itemizer-specific. OMB then reported on major capital projects and facility funding. Updates included Capitol grounds improvements such as 18th-floor renovations, wayfinding, augmented reality displays for the Rough Rider Hall of Fame, tree management and lighting studies, and restroom and parking reconfiguration in the tower. OMB also described security upgrades at the governor’s residence, where human remains were discovered on site and are being handled with historical and legal review. The state hospital project in Jamestown remains on schedule for substantial completion in winter 2027 and opening in spring 2028, with costs currently estimated a little over $292 million and a line of credit expected to be drawn in April 2027. The North Central State Office Building in Minot is under construction, with a $5.6 million line of credit already accessed. OMB also reported on the State Facility Maintenance Fund, noting about $1.1 million spent so far on projects such as the Liberty Memorial Building roof and foundation work, Capitol window replacement, boiler replacement, and kitchen remodeling. Finally, Legislative Council staff reviewed the interim compliance report on legislative intent and state trust funds. The report highlighted the status of multiple lines of credit, including those for the state hospital and Minot office building, and noted that the executive budget will likely need to include repayment planning for about $350 million of expected outstanding balances. Other updates included the Bank of North Dakota profit transfer schedule, litigation pool spending, the new Office of Guardianship and Conservatorship, the Missouri River Correctional Center planning effort, HHS items such as FMAP and child care assistance, Job Service’s unemployment insurance modernization project, and DPI school aid turnback estimates. No formal votes were taken beyond approval of the minutes.

Transcript Highlights:

• That's a deduction. There's quite a few other deductions that come out that help.
• And again, the deductions are, I'm not sure who came up with those special deductions for the shared
• But there are certain deductions, like a self-employed reserve.
• The deductions online. But where can parents go to see the formulary?
• The percentage of deductions and how they're deducted? It is.

Summary: The Senate Judiciary Committee met to conduct the statutorily required four-year review of Oklahoma’s child support guidelines, which DHS said had not been reviewed on schedule in recent years. Deputy Director Don Zellner of DHS Child Support Services presented data on the number of children served, child poverty, rising costs of raising a child, wage trends, and the volume of child support orders handled by DHS. He also explained how the current guidelines work, including income withholding, shared overnight deductions, daycare, medical, transportation, and self-employment adjustments, and noted that the guidelines are based on gross combined income and currently cap at $15,000 combined income. Committee members, especially Senator Boren, questioned whether the current model fairly reflects modern family economics, including the cost of housing, the impact of shared overnights, and whether visitation issues should be addressed alongside child support. DHS said the guidelines are over 25 years old, that other states generally use similar gross-income models with shared-overnight deductions, and that Oklahoma’s administrative courts have been more receptive than district courts to DHS’s lower-income deviation approach. Zellner said DHS has also updated its practices to better account for low-income obligors, including allowing zero orders in some cases and reducing imputed minimum-wage assumptions, which DHS said has improved collections. Members also asked about transparency and public access to the calculations. DHS said the formula and income chart are in statute, the calculator is available on the DHS website, and the Excel-based tool applies the statutory chart and deductions. A public commenter asked where parents could see how amounts are calculated, and DHS explained that the statutory chart and calculator are the main sources. The committee discussed possible future reforms, including higher income caps, possible changes to shared overnight rules, and whether extracurricular or special child-related expenses could be considered through judicial deviation. No vote was taken; the meeting ended with the chair noting it was the last Judiciary meeting of the 60th Legislature and adjourning the committee.

Transcript Highlights:

• , including shared overnights, which is a deduction.
• There are quite a few other deductions that come out that help.
• And again, the deductions are...
• I'm not sure who came up with those special deductions for the shared.
• Is that what you're saying, the percentage of deductions and how they're deducted?

Keywords: 914, all

Transcript Highlights:

• enterprise resource planning platform—the computer that does the business of state government: HR, payroll
• <01:26:08.040> Finance government HR payroll Finance government HR payroll Finance purchasing
• But are they also paying 0.2% of payroll for those people? Is everybody paying?
• They are administratively attached to us, which means we handle, we help them with some HR and payroll
• They are administratively attached to us, which means we handle, we help them with some HR and payroll

Keywords: 928, house, all

Summary: The committee held a work session on the Department of Business and Economic Affairs’ budget, with testimony from division leadership on staffing, funding sources, and program changes. Early discussion focused on vacant positions in the agency, including a senior planner tied to FEMA requirements, a federally funded program assistant, a program specialist to be reclassified during a planning reorganization, and two Housing Champions positions that were authorized but not funded in the current biennium and are requested for 2026-27. The witnesses also explained that temporary welcome center positions are filled as funds allow, and that the agency’s requested general fund increase is driven largely by the Division of Travel and Tourism Development and its formula-based funding. Members then reviewed rest areas, welcome centers, outdoor recreation, economic development, procurement, and workforce opportunity lines. The department said there are 12 rest areas, with 5.8 million foot counts in FY 24, and that welcome centers are generally open year-round, though Sutton is currently closed and staffing relies on a mix of full-time and temporary employees. The outdoor recreation position is federally funded through USDA and supports business outreach, trade shows, and industry promotion. In economic development, the agency said increased dues reflect participation in the Northern Borders Regional Commission, and that a marketing line item is intended to support recruitment and promotion of growth industries such as advanced manufacturing and life sciences. The Apex Accelerator Program was described as a state-federal partnership requiring a state match and providing government contracting assistance to businesses, while the Office of Workforce Opportunity was explained as a federally funded WIOA-related effort administered through multiple agencies and subrecipients. A major point of discussion was the proposed reduction to the Small Business Development Center, which members said had generated significant public concern. The department described SBDC as a highly effective technical assistance program for new and small businesses, but said the cut was one of the few places it felt it had room to reduce funding. Members asked about federal support and matching requirements for various programs, and the department said less than half of its overall budget is generally funded by the state and that some programs require state match. The committee also discussed travel and tourism marketing and the Joint Promotional Program, with the department saying those funds support broader advertising campaigns and grants to chambers and trade associations for events such as Bike Week, Restaurant Week, and the Seafood Festival. No votes were taken during the work session.

Transcript Highlights:

• So within the payroll and HCM work stream, modern systems have many digital assistants or AI agents..
• Just to define what payroll leakage is, for those that may not know what that means, that’s a loss of
• revenue or unnecessary spending due to errors, inefficiencies, or fraud in the payroll process.
• I don't really see an advantage of doing higher ed first or doing our financial or payroll management
• I don't really see an advantage of doing higher ed first or doing our financial or payroll management

Summary: The committee received several informational reports from NDIT and DPI. Justin Data reviewed the quarterly major IT project portfolio, noting the portfolio was slightly under budget and behind schedule overall, with three red schedule items: Bed Management System and Vital Records were essentially complete and being closed out, and the Roadway Capital Planning Project was delayed by vendor bug fixes after testing. He also summarized recent project startups and closeouts, including the Victim Notification System, Medicaid data exchange, Highway Patrol’s motor carrier permit system, and several completed HHS and RIMS projects. Members asked for follow-up on ADA compliance work, the public-facing RIO website, and the state’s mainframe retirement timeline, and staff agreed to provide updates later. Craig Falkley reported on coordination of services with political subdivisions and higher education, including StageNet, cybersecurity, radio/911 services, and PeopleSoft coordination. He also explained distributed ledger technology as a tool for transparency and fraud prevention, but said it is not widely used in state government and suggested the report be modernized to focus more broadly on emerging technologies such as AI and cybersecurity. The committee generally agreed that the topic should be updated. Chris Gurgan presented the mandatory cybersecurity incident reporting program created by HB 1314, explaining how agencies and political subdivisions report incidents through NDIT’s website or service desk. He said 77 incidents had been reported since 2021, 47 met the statutory definition, and most were phishing-related; most reported incidents were resolved, with one recent ransomware matter still open. He also reviewed notable incidents since the last report, including the PowerSchool compromise, a SimpleHelp intrusion at a school district, a court intrusion, a WSUS vulnerability, a business email compromise, and a recent ransomware incident involving a non-state critical infrastructure entity. Members asked about recovery of stolen funds, early warning signs, smishing, training, MFA, conditional access, and cybersecurity maturity assessments; Gurgan said the state uses MFA and conditional access, provides awareness training to state employees, and would return with more information on maturity assessments. Tony Ambrose then updated the committee on the K-12 student information system bridge project. He said district implementation of Infinite Campus had begun statewide, but the data migration vendor originally selected was terminated for poor performance and replaced by Aurora Educational Technology, which had experience with similar statewide migrations. He also said DPI is migrating special education data from Tynet into Infinite Campus, and that some SLDS-based tools such as e-transcripts and Choice Ready may not function exactly as they do now at July 1, requiring interim or alternative solutions. Members raised concerns about summer school disruptions, the timing of the cutover, and whether the new system would support existing reporting and transcript functions; DPI said it was working on identity, authentication, data-sharing agreements, and post-go-live integrations, and would continue to refine the plan beyond June 30.

Transcript Highlights:

• your full dedu deductible so this your full dedu deductible so this exposes<00:44:42.319> patients
• Actually, that is not the case at all. deductible of that plan member or INR a deductible of that plan
• <01:39:18.280> is few months that uh $5,000 deductible is few months that uh $5,000 deductible
• <01:53:48.520> or towards the enrollers is deductible or towards the enrollers is deductible
• <01:53:55.840> or beneficiary deductible or beneficiary deductible or mop<01:53:57.560>

Keywords: 1191, senate, all

Transcript Highlights:

• So there's no copays, there's no deductibles or anything else like that.
• I mean, so we have no in-network deductible.
• We do have an out of network deductible, which is currently the only place these would exist.
• Uh, we have, if on the high deductible plan, uh, then the deductible is larger, so it would go towards
• the deductible, but wouldn't fully meet it.

Transcript Highlights:

• able to be counted towards their deductible.
• This bill is saying that these have to apply to the deductible.
• We have no in-network deductible; we do have an out-of-network deductible, which is currently the only
• Then that would meet the deductible.
• We have, if on the high deductible plan. than the deductibles are larger, so would go towards the deductible

Bills: HB3015, HB3521, HB5632, HJR182, SJR57

Keywords: healthcare, direct primary care, insurance deductibles, Texas Health Benefit Plans, telemedicine, police retirement, disability pension, municipalities, law enforcement, retirement benefits, retirement, beneficiary, Employees Retirement System of Texas, divorce decree, beneficiary designation, Veterans' Land Board, general obligation bonds, constitutional amendment, veterans, housing assistance

Transcript Highlights:

• due to a lack of day-to-day cash on hand and, you know, they're 30-plus million dollar bi-weekly payroll
• and the need to meet bi-weekly payroll and the need to meet that that that and<01:19:33.520> the<
• and that and that money comes payroll and that and that money comes back<01:19:48.760> you<01
• I mean, the Twins payroll is down more than $40 million from, uh, last year.
• I mean, the Twins payroll is down more than $40 million from, uh, last year.

Bills: HF4841, HF4234, HF3697

Keywords: Hennepin County, sales tax, health care facilities, ballpark improvements, tax revenue, HF4234, Minnesota private activity bonds, tax-exempt bonds, bond cap, aggregate bond limitation, residential rental projects, multifamily housing, affordable housing finance, housing bonds, public finance, bond allocation, private activity bond cap, Minnesota Statutes 474A.02, tax committee, tax refund

Transcript Highlights:

• That, that's a lot, and on payroll.
• That's another thing that kind payroll.
• That's going forward. in the payroll.
• Now, talks about the payroll part of it.
• I I'm I'm not sure payroll, they left.

Keywords: 912, senate, all

Summary: The Senate Committee on Economic Development and Tourism heard seven bills on consumer protection, DBEDT-related matters, and tourism/creative industry issues. On SB 2031, DCCA supported aligning state law with the FTC’s 2025 rule on hidden fees and pricing misrepresentations in live event ticketing and short-term lodging; hotel and financial industry witnesses also testified, and senators asked for complaint and enforcement data. On SB 2129, DBEDT and business groups supported a study of minimum wage impacts, with testimony emphasizing effects on hours, employment, prices, and business viability; a senator asked whether the study could also examine the gig economy and business closures, and DBEDT said that may be possible but would require more research and data access. On SB 2259, which would promote dementia-friendly businesses, DBEDT said the measure fit better with another agency and lacked the department’s expertise, while the Executive Office on Aging and the Alzheimer’s Association supported the intent and offered to help with curriculum, branding, and training. Testifiers described dementia as a spectrum and said businesses should be trained to communicate effectively with customers and employees living with the disease; suggested amendments included changing the branding language and requiring at least 85% of employees to complete training rather than all employees. A senator also raised concerns about stigma and whether early-stage dementia should affect a person’s ability to function, and the witness responded that people can often function well in early stages. The committee also heard SB 2577 on sports tourism, which DBEDT and the Retail Merchants of Hawaii supported as a way to better understand which events draw visitors and economic benefits. SB 2578, creating a film commission, drew broad support from DBEDT, Creative Industries, SAG-AFTRA, the Hawaii Film Alliance, the Hawaii Film Office, and others, but several witnesses urged changes to the commission’s composition and authority, including more labor representation and limits on the commission’s ability to adjust the production cap. Senators questioned staffing, costs, and whether current film office employees should transfer to the new commission, and one senator proposed a friendly amendment to add musicians, SAG, IATSE, and Teamsters, though the department cautioned that too many members could make the commission difficult to manage. The transcript ends during discussion of the film bill, with no final votes or committee actions stated for the measures heard.

Transcript Highlights:

• We asked you for the certified payroll.
• , counties the rights to pull payrolls, counties the rights to pull payrolls, right?
• payroll violations. payroll violations.
• Let's say DOT for the certified payroll.
• > affidavit, >> And you have payroll affidavit, >> And you have payroll affidavit,

Keywords: 910, house, all

Summary: The Committee on Water and Land met on February 3, 2026, and heard testimony on several bills, with the chair emphasizing a two-minute limit and noting that bills would die if the hearing ran past noon. For HB 1848, the Commission on Water Resource Management and the Office of Planning and Sustainable Development both supported the measure with technical, non-substantive amendments. Testimony focused on requiring early consultation about water availability in district boundary amendment petitions, with water officials explaining that the petitioner should submit a written statement reflecting consultation and that the goal was to identify water constraints earlier in the development process. The Land Use Commission’s representative opposed the bill, arguing that water availability is already addressed through existing environmental review and agency consultation, that the issue had been raised and rejected before, and that the proposal could create unnecessary delay or litigation. The committee then heard HB 1728 on rainwater catchment systems. The Commission on Water Resource Management said it acknowledged the bill’s intent but deferred to counties and other regulatory agencies, including the Department of Health, on regulatory implications. Hawaii Realtors testified in support. No vote was taken during the portion of the hearing shown. For HB 1652 on storm water management systems, the Hawaiian Lifeguard Association opposed the bill, arguing it would weaken protections created by Act 281 (“Sharkey’s Law”) and increase drowning risk for children by exempting certain water features from safety requirements. The American Council of Engineering Companies of Hawaii supported the bill, saying the language clarifies and better balances child safety with practical green stormwater infrastructure, including depth-based limits and exemptions for certain agricultural ponds. The Hawaii Farm Bureau also supported the agricultural pond exemption, saying such ponds are used for irrigation, livestock, and fire control and are generally away from the public. A private testifier, Allison Schaers, opposed the bill and described her daughter’s drowning in a detention basin, arguing that poor maintenance can turn stormwater features into dangerous hazards. The hearing ended without any recorded committee action or vote in the excerpt provided.

Transcript Highlights:

• , the Local Journalist Employment Tax Credit; and then Senate Bill 133, the Health Equipment GRT Deduction
• We also have the new gross receipts tax deduction for receipts on the sale of construction material and
• One of the other things that we have is creating a new gross receipts tax deduction for receipts on the
• NTTC documentation of how that deduction is moving through.
• We're basically taking away, Madam Chair, even the deduction of interest.

Bills: SB240

Keywords: capital outlay, capital projects, severance tax bonds, general fund appropriations, supplemental severance tax bonds, UNM School of Medicine, University of New Mexico, infrastructure, state buildings, courts, schools, higher education, road improvements, water and wastewater, tribal infrastructure, tribal projects, public safety, housing, emergency services, bonding

Transcript Highlights:

• It would also remove that SALT deduction increase, the state and local tax deduction that was increasing
• They would also be removing that deduction related to new car auto loan interest.
• You don’t get a tax deduction, and then it grows tax-free.
• Then anything left over in terms of your daycare expenses, you could deduct from your state taxes.
• Then anything left over in terms of your daycare expenses, you could deduct from your state taxes.

Keywords: 1182, all

Transcript Highlights:

• Retention is like a deductible.
• Retention is like a deductible.
• percent of wind and hail deductible percent of wind and hail deductible typically<00:51:59.200><
• So, the master $10,000 deductible.
• deductibles down. deductibles down.

Keywords: 1183, house

Transcript Highlights:

• growth in higher education and public education payroll. board decisions and reflect an increase of
• . active member payroll primarily.
• It is also based on active member payroll. in terms of financing that a health care program for retirees
• is being financed based upon active member payroll, but that is the financing mechanism that has been
• Recommendations provide for a 6.6% state contribution rate and assume an overall annual payroll growth

Keywords: 1184, house, all