Video & Transcript Research : 'interest calculation'

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KY
Transcript Highlights:
  • And and and and in the interest<01:21:00.640> of<01:21:00.680> transparency, interest of
  • Treasury bond, which tends to be a lower interest rate, okay?
  • that are used for retirement calculation that are used for retirement calculation purposes<01:47
  • For TRS retirement calculation purposes.
  • But on retirement calculation purposes.
Summary: The meeting began with roll call, confirmation of a quorum, and approval of the prior minutes. The main presentation was from KPPA officials Ryan Barrow and Erin Saratt on the annual actuarial valuations for the retirement and insurance systems. They said the systems’ funding status improved overall, with three of five insurance funds fully funded, CERS hazardous dropping from over 100% funded to 90.9% because of premium changes, and KRS receiving $650 million in supplemental funding over the biennium. They also reported strong investment returns above assumed rates, higher payroll and membership counts, and resulting actuarial losses tied to higher salaries and premiums, especially on the insurance side. Members asked several questions about what drove the actuarial losses and whether legislation affected them. KPPA said the CERS insurance loss was driven by premium increases and Senate Bill 10, while the pension-side losses were largely due to higher payroll and benefits for Tier 1 and Tier 2 members. They explained that new Tier 3 employees are designed to add no additional unfunded liability, and that the state administers the systems but does not directly control all hiring. Questions also focused on retiree health premiums, which KPPA said rose about 15% for non-Medicare retirees and 38% for Medicare retirees, with the increase attributed to utilization, prescription costs, and the Inflation Reduction Act. The committee then heard from TRS Deputy Executive Secretary and General Counsel Beau Barnes on the 2025 TRS actuarial valuation. He reported that the Retirement Annuity Trust and Health Insurance Trust both received full funding, the retirement trust’s funded ratio improved to 61%, TRS 4 remains well funded with no liability, and the health insurance trust improved to 89.1%. Barnes said TRS is on track to fully fund legacy liabilities within the amortization period, with 2044 as the point when the system reflects 100% funding and 2046 as the last year needing additional dollars for the legacy liability. He also explained that lower assumed investment returns and updated mortality assumptions increased liabilities, but that TRS uses direct rate smoothing for budgeting purposes. At the end of the meeting, the chair circulated a proposed set of “do’s and don’ts of pensions,” emphasizing that future legislation should not create unfunded liabilities. Barnes also noted he would later discuss several legislative proposals for the 2026 session, but the transcript provided ends before that discussion or any votes on those proposals.
WY

Wyoming 2026 Regular Session

Select Committee on School Finance Recalibration, January 22, 2026 - PM

Select Committee on School Finance Recalibration

Transcript Highlights:
  • they're earning some interest. they're earning some interest.
  • Uh, I wanted to speak quickly um about the interest and the capital transfers the interest in school
  • Well, and realistically it was interesting. There were a lot of... It was interesting.
  • <01:42:47.520> Uh about interest. Uh about interest.
  • interesting to me. interesting to me.
Keywords: 916, all
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:
  • And right now, insurance companies, how they calculate the price of what we should be paying is 100%
  • And right now, insurance companies, how they calculate the price of what we should be paying is 100%
  • It's interesting trying to figure out, you know, what that formula is, how you spread that risk out if
  • This bill will require that auto insurance companies, when calculating the premium for a driver, can
  • Can you give me more information on how these territories are calculated?
Keywords: 995, all
Summary: The Joint Committee on Financial Services held a public hearing on a wide range of auto insurance and vehicle-related bills. Testimony focused heavily on autonomous vehicle regulation, auto insurance rating by ZIP code, rental car liability coverage, and surcharge thresholds for minor accidents. Representative Polito supported a bill to regulate autonomous vehicle testing and deployment, arguing for school-zone restrictions, slower speeds, a remote kill switch, and minimum insurance requirements to protect the public. Representative Mendez and Senator Payano testified for legislation to reduce racial and socioeconomic inequities in auto insurance pricing by limiting the weight insurers may place on territorial loss costs, while the Mass Insurance Federation and Consumer Federation of America offered opposing and supporting views, respectively, on the fairness and actuarial impact of geographic rating. The committee also heard support for a bill to remove inspection-sticker violations from license-point calculations, and for a bill to raise the damage threshold for insurance surcharges and minor/major accident classifications. A substantial portion of the hearing addressed House Bill 1301 on rental car liability. Enterprise Mobility, the American Car Rental Association, and a small Massachusetts rental company supported the bill, saying personal auto insurers should be primary when their insureds drive rental cars, that Massachusetts is an outlier compared with most other states, and that the change would reduce costs and simplify claims handling. The Mass Insurance Federation opposed the bill, arguing that current Massachusetts law already clearly makes the vehicle owner’s policy primary and that shifting liability would raise costs for private-passenger policyholders. Committee members asked detailed questions about how rental coverage works, whether premiums or rental rates would change, and how other states handle the issue. The committee also heard testimony on a bill to adjust surcharge rules for at-fault accidents, with sponsors arguing that repair costs and vehicle values have risen sharply and that the current thresholds are outdated. Members discussed how the point system affects drivers, whether the proposal should apply cumulatively or per incident, and how Carfax and out-of-pocket repairs factor into consumer costs. At the end of the hearing, the chair noted written testimony could still be submitted and, during a brief personal privilege, recorded support for two underinsurance bills, H. 1109 and S. 748. The committee then moved and seconded a motion to adjourn, and the hearing ended without any votes on the bills themselves.
FL

Florida 2025 Regular Session

Senate in Session Apr 9th, 2025

Florida Senate Floor Meeting

Transcript Highlights:
  • And there are four calculations, as you know, the school districts go through, and when they come out
  • And in calculations currently, whether it's the first calculation, third calculation, or final calculation
  • comes out in the quarterly calculation.
  • IT'S INTERESTING YOU BRING THIS UP.
  • IT'S INTERESTING IN TODAY'S LAW IF YOU SELL OR PROVIDE.
Bills: SJR4, SJR40, SJR81, SCR37, SCR39, SB22, SB32, SB33, SB36, SB38, SB95, SB209, SB249, SB311, SB326, SB365, SB458, SB609, SB660, SB664, SB693, SB732, SB745, SB760, SB762, SB779, SB783, SB785, SB868, SB871, SB883, SB921, SB955, SB993, SB996, SB1008, SB1057, SB1067, SB1151, SB1171, SB1210, SB1255, SB1265, SB1267, SB1271, SB1307, SB1313, SB1316, SB1318, SB1321, SB1332, SB1365, SB1426, SB1470, SB1484, SB1494, SB1559, SB1592, SB1596, SB1598, SB1637, SB1677, SB1706, SB1758, SB1762, SB1786, SB1809, SB1818, SB1822, SB1841, SB1871, SB1967, SB2064, SB2077, SB2112, SB2148, SB2320, SB2406, SB2407, SJR36, SJR81, SJR50, SJR4, SJR40, SJR27, SCR22, SCR12, SCR39, SCR38, SCR37, SB921, SB609, SB660, SB765, SB62, SB666, SB888, SB687, SB847, SB1248, SB504, SB305, SB296, SB284, SB304, SB1023, SB204, SB670, SB850, SB854, SB413, SB1346, SB1033, SB1220, SB1073, SB810, SB1539, SB447, SB1119, SB1505, SB1215, SB1302, SB583, SB673, SB681, SB1172, SB955, SB957, SB541, SB266, SB1415, SB53, SB1352, SB785, SB1450, SB1502, SB1566, SB1062, SB711, SB746, SB1404, SB1448, SB507, SB1026, SB1349, SB1355, SB1433, SB1434, SB1596, SB1403, SB667, SB1059, SB1567, SB310, SB311, SB505, SB1210, SB1470, SB264, SB1358, SB1364, SB1569, SB1376, SB1228, SB519, SB1350, SB462, SB827, SB1585, SB1484, SB1273, SB927, SB1227, SB1229, SB1353, SB1464, SB1709, SB1729, SB1733, SB1744, SB1772, SB1841, SB1008, SB2016, SB1173, SB1163, SB996, SB1370, SB1321, SB1101, SB860, SB993, SB693, SB1537, SB1332, SB1307, SB963, SB493, SB984, SB619, SB1122, SB455, SB522, SB1057, SB1239, SB1254, SB1255, SB1259, SB1341, SB1877, SB1277, SB32, SB732, SB731, SB268, SB1822, SB1589, SB397, SB1058, SB1267, SB2112, SB1930, SB532, SB508, SB292, SB291, SB901, SB1333, SB1436, SB1494, SB964, SB779, SB1378, SB2312, SB1719, SB287, SB2143, SB1245, SB261, SB1247, SB2406, SB2407, SB1882, SB618, SB38, SB393, SB1371, SB1365, SB2243, SB2226, SB2039, SB1919, SB1895, SB1598, SB1493, SB1810, SB1791, SB1706, SB1644, SB1238, SB783, SB458, SB22, SB651, SB897, SB1809, SB1080, SB745, SB826, SB989, SB1320, SB1437, SB2320, SB2289, SB1171, SB664, SB1637, SB2064, SB868, SB1079, SB1243, SB1504, SB1851, SB1879, SB2237, SB1257, SB2034, SB1522, SB883, SB249, SB1318, SB1151, SB596, SB1191, SB226, SB570, SB870, SB991, SB60, SB365, SB1067, SB1786, SB326, SB1401, SB1592, SB1728, SB1265, SB586, SB529, SB217, SB209, SB1923, SB1559, SB1839, SB387, SB1874, SB1872, SB1873, SB1921, SB1883, SB1677, SB95, SB1620, SB1838, SB2024, SB2429, SB1999, SB511, SB2309, SB2166, SB871, SB510, SB33, SB2420, SB1860, SB1541, SB1316, SB1314, SB1313, SB1426, SB1398, SB1869, SB1750, SB1871, SB36, SB855, SB1233, SB760, SB2425, SB2037, SB1758, SB1759, SB2365, SB1924, SB762, SB1271, SB1818, SB605, SB1405, SB1762, SB1968, SB1977, SB2077, SB2148, SB2321, SB1967, SB1662, SB1663, SB2124, SB2204, SB1855, SB863, SB37, SJR39, SCR1, SCR27, SCR32, SCR42, SCR6, SB2232, SB819, SB2078, SB2252, SB1962, SB2253, SB825, SB1577, SB1184, SB2018, SB2206, SB1901, SB1030, SB2368, SB1963, SB1960, SB1643, SB1625, SB1299, SB841, SB668, SB584, SB231, SB2411, SB1085, SB2431, SB2231, SB1490, SB530, SB34, SB1261, SJR81, SB32, SB458, SB664, SB693, SB868, SB1008, SB1267, SB1307, SB1321, SB1484, SB1637, SB1809, SB1822, SB2064, SB2112, SB2320, SB2406, SB2407, SB609, SB660, SB921, SB779, SB1470, SR388, SB3042, SB440, SB2876, SB3042, SB440, SB2876
WY

Wyoming 2026 Regular Session

Select Committee on School Finance Recalibration, June 24, 2026 - AM

Select Committee on School Finance Recalibration

Transcript Highlights:
  • It just added a 1/3% to the calculation.
  • Uh, the first one is that the way that utilities will be calculated because of the bill will... calculated
  • What happens in Ten Sleep in particular in regards to our interest, we Um, in regards to our interest
  • So, we'll keep 25,000 of that roughly in our interest.
  • We use whatever interest we earn to help fund.
Keywords: 916, all
MN

Minnesota 2025 1st Special Session

Committee on Taxes - 05/06/25

Taxes

Transcript Highlights:
  • of the people of Minnesota best interest of the people of Minnesota by<00:03:37.840> overseeing
  • calculated is not a percentage of it; it is the increment itself.
  • Wouldn't it just read is greater than zero of the amount calculated?
  • <00:26:47.840> is would read if the amount calculated is would read if the amount calculated
  • <01:10:02.239> about interest in further conversation about interest in further conversation
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 4/14/26

Taxes

Transcript Highlights:
  • High School League's also calculating High School League's also calculating what<00:07:37.400>
  • mean, I think that's that's interesting mean, I think that's that's interesting that<01:09:45.120
  • <01:11:00.560> I It's an interesting proposition.
  • <01:26:32.480> the particularly interested in what the particularly interested in what the
  • It was just calculated and general fund.
Summary: The committee first approved the April 9 minutes, then took up House File 2988, which would extend for eight more years a sales tax exemption tied to Minnesota State High School League tournament ticket revenue that is funneled into the league’s foundation and returned to schools as grants. Chair Youakim and Executive Director Eric Martins said the program sends more than $1.1 million annually back to schools for activity fee reductions, scholarships, coaching and training, AEDs, late buses, and other school needs, with over 98% of funds going directly to schools. Representative Huot and others spoke in support, while Representative Robinson questioned the structure and suggested the state could instead simply reduce ticket prices and not tax the tickets. The committee laid HF 2988 over for possible inclusion in the omnibus tax bill. The committee then heard House File 4906, as amended, which would create a one-time property tax refund in calendar year 2026 for owners of residential homesteads and the homestead portion of agricultural property, funded by a $4 billion appropriation in fiscal year 2027. The bill includes a clawback for delinquent taxpayers and offsets to ensure no one receives more in property tax refunds than they paid. A House Research staffer said the Department of Revenue viewed the refund as potentially taxable, while House Research said it likely should be treated as a recovery of prior taxes, and the two would follow up. The bill was introduced with testimony from Eric Bernstein of We Make Minnesota and Nan Madden of the Minnesota Budget Project, both of whom opposed it, arguing it would create a large budget hole, force future cuts, and disproportionately benefit homeowners while excluding renters and lower-income Minnesotans. Several members also raised concerns. Representative Hewitt said the state should prioritize public safety, rural EMS, and safety-net hospitals rather than a large rebate, and Representative Youakim argued the money would be better spent on longer-term property tax relief and education funding. Representative Hollins said the proposal would worsen racial and wealth inequities because homeownership is lower among communities of color and renters would get nothing. In response, the author and supporters said the bill is meant to put money back into people’s budgets and that individuals should be able to decide how to use their own money. The discussion continued with questions about the bill’s size and fiscal impact, but no final action on HF 4906 was taken in the portion provided.
WV
Transcript Highlights:
  • These figures will be used to determine two multipliers, the highest of which will be used to calculate
  • The calculation will be done annually, with the first calculation occurring in December of 2026.
  • Chairman, but I think the committee probably is more interested in the counties that are not, compared
  • It's 1% that will come from the calculation of the market pay enhancement, which is based on salaries
  • Three, the amount of taxes, interest, or charges listed for sale is materially incorrect; or four, the
Keywords: 994, senate, all
Summary: The Senate Finance Committee met with a quorum present and first approved the minutes from the prior meeting. It then reconsidered Committee Substitute for House Bill 5212, noting that an Education Committee amendment had been inadvertently omitted the day before; the vice chairman withdrew the prior motion to report the bill, and the committee returned to the bill with the technical Education Committee amendments pending. The transcript then moved through a long agenda of bills and supplemental appropriations, with the committee generally hearing brief explanations from counsel, occasional member questions, and then voting to adopt amendments and report measures to the full Senate. Among the substantive policy bills, the committee advanced House Bill 4007 on the Industrial Access Road Fund, allowing an additional possible $3 million transfer in a fiscal year, expanding eligible uses, and increasing county/municipal spending limits; House Bill 4765, which raises salaries for state police, teachers, and school service personnel and, via a strike-and-insert amendment, creates a market pay enhancement tied to county and regional income data; House Bill 5162, recodifying tax lien sale procedures and clarifying ownership and government-property tax treatment; House Bill 5382, extending the Neighborhood Investment Tax Credit Program to July 1, 2031; House Bill 5685, authorizing up to $150 million in revenue bonds backed by excess lottery funds for State Culture Center improvements; House Joint Resolution 42, placing a constitutional amendment on the ballot to raise the homestead exemption from $20,000 to $40,000; House Bill 4010, creating an airport hangar grant program and fund; House Bill 4404, increasing from $500 to $5,000 the amount volunteer fire departments may spend on training and fire prevention materials; House Bill 4592, requiring standardized campus safety mapping data for higher education institutions; House Bill 4784, extending and making retroactive a qualified opportunity zone business tax modification; and House Bill 5088, increasing retirement benefits for Division of Natural Resources police officers, with a one-time $4.25 million cash injection. The committee also reported several supplemental appropriations and originating bills, including Senate Bill 842 for the Spay Neuter Assistance Fund, Senate Bill 846 for Culture and History capital repairs, Senate Bill 872 for Natural Resources capital repairs (reduced to $10 million in committee substitute), Senate Bill 876 for Department of Health facilities, Senate Originating Bills 1 through 5 covering Culture and History, road funds, corrections IT and services, tobacco education, and the Adjutant General’s armory board transfer, respectively. Most items were adopted by voice vote; House Bill 4765’s strike-and-insert amendment was adopted after a division vote of 10-6. The committee then adjourned.
NH

New Hampshire 2025 Regular Session

JLCAR Administrative Rules (12/18/2025)

Transcript Highlights:
  • That alleviates any water meter data from this calculation.
  • Once you start putting in calculations.
  • So again, working on a this calculation.
  • And that's this is not calculations.
  • <00:38:05.599> by protecting their best interests by protecting their best interests by making
Keywords: 928, house, all
Summary: The committee began with routine business, including the Pledge of Allegiance, approval of the minutes, seating of an alternate member, and approval of the consent agenda. It then took up Department of Health and Human Services Rule 25188 on New Hampshire Early Childhood and Out-of-School Time Credentials. Staff explained that the rule adopts two new parts to implement RSA 170E:50, which had long required rules. The main issue was an unclear comment created by changes in the department’s amended conditional approval request: language defining out-of-school-time basics and a requirement tied to the New Hampshire Professional Registry training transcript had been removed, creating a mismatch between the form and the rule text. The department said it revised the language so the form and rule now match. A member also asked about the fee schedule, and the department said the fees are sufficient and supported in part by federal funds. The committee then approved Rule 25188 as amended, with oral edits, on a voice vote. The committee next considered Department of Environmental Services Rule 25206, dealing with subsurface wastewater rules and an administrative fine schedule. Staff said most comments had been addressed, but one remaining issue concerned the fine schedule because the prior interim rule had expired years ago. Staff also noted public concerns about septic tank replacement sizes, but pointed to waiver provisions and replacement-in-kind language that would still allow smaller existing systems to be replaced under certain conditions. DES officials explained that the rule package adds the fine schedule into the program rules and that no fines have been brought under these expired provisions for many years. They also described the waiver and grandfathering provisions as intended to protect existing systems and seasonal campgrounds from unnecessary upgrades. A public witness, Christopher Albert, testified that two sections of the rule would harm manufactured home parks and cooperatives. He argued that the new “two people per bedroom” assumption and the minimum bedroom threshold for using water-meter data would inflate design flows, make water-meter data unusable, and increase costs for low-income residents. Committee members questioned both the witness and the agency about the assumptions. DES staff responded that the two-person-per-bedroom standard is meant for individual on-site system design, not citywide planning, and that water-meter data is only useful in larger or unusual facilities. They said the rule still allows flexibility through waivers and grandfathering for existing uses, and that the drinking-water rule cited by the witness was not the correct comparison. No final vote on Rule 25206 was taken in the portion of the meeting provided.
FL

Florida 2026 Regular Session

Appropriations Jun 1st, 2026

Appropriations

Transcript Highlights:
  • It's interesting.
  • It's fairly easy to calculate, to be honest.
  • That's in the best interest of our taxpayers.
  • I looked at the tax calculator myself.
  • So why, okay, in the interest of... Okay.
Keywords: 999, senate, all
WY

Wyoming 2026 Regular Session

Joint Transportation, Highways & Military Affairs Committee, May 4, 2026 - PM

Transportation, Highways & Military Affairs

Transcript Highlights:
  • then you have two interested agencies. then you have two interested agencies.
  • interesting. This is in Laramie County. interesting. This is in Laramie County.
  • when we calculate their EMR. when we calculate their EMR.
  • calculated off of um, is pretty stale. calculated off of um, is pretty stale.
  • . calculation. calculation.
Keywords: 916, all
MN

Minnesota 2025-2026 Regular Session

Committee on Elections - 02/19/26

Elections

Transcript Highlights:
  • We calculate all that. We have tax calculators on our websites. We have incredible outreach.
  • We calculate all that. We have tax calculators on our websites. We have incredible outreach.
  • We calculate all that. We have tax calculators on our websites. We have incredible outreach.
  • We calculate all that. We have tax calculators on our websites. We have incredible outreach.
  • We calculate all that. We have tax calculators on our websites. We have incredible outreach.
Keywords: 1187, senate, all
MD

Maryland 2026 Regular Session

Senate Floor Session, 2/27/2026 #1

Maryland Senate Floor Meeting

Transcript Highlights:
  • It establishes that for the July 1st, 2026, and 27 calculations of the cost of living rate adjustment
  • c><00:12:25.680> 2026<00:12:26.720> and<00:12:27.120> 27<00:12:27.920> calculations
  • the July 1st, 2026 and 27 calculations the July 1st, 2026 and 27 calculations of<00:12:29.279>
  • So we utilized a the calculation.
  • you find it interesting and educational. you find it interesting and educational.
Summary: The Maryland Senate met on Friday, February 27, with an invocation by Reverend Howard Travers and several guest introductions, including family members, defense organization leaders, a South Asian Herald editor, Eagleton Institute fellows, and physicians from Johns Hopkins. The chamber journalized the prayer, confirmed a quorum, and then moved into bill introductions, House messages, and committee reports. Several measures were advanced without objection, including Senate Bill 338 to extend a work group report deadline on transfer of retirement system member services, Senate Bill 448 authorizing Carroll County public facilities bonds up to $27 million, Senate Bill 453 clarifying that the Arabian horse race associated with Preakness can be run at Laurel Park, Senate Bill 614 allowing Dorchester County detention officers to join the correctional officers retirement system if the county opts in, and Senate Bill 724 making a technical emergency adjustment to cost-of-living calculations for retirees because October CPI data was unavailable during a government shutdown. Each of those bills received favorable committee reports and was ordered printed for third reading after no objections or amendments were offered. Two bills were postponed for later consideration: Senate Bill 538 on Baltimore City raffles tied to organizations affiliated with professional baseball and football teams was special ordered to Wednesday of the following week, and Senate Bill 108 on water resources and wetlands enforcement was special ordered to March 3 while members worked on possible amendments. Senate Bill 56 on the Maryland Longitudinal Data System Center and third-party data sharing was also special ordered to the following Wednesday because committee discussion was ongoing. House Bill 6 and House Bill 372 were received and referred to the appropriate standing committees. The Senate also took up Executive Nominations Committee Report No. 3 and, after no nominations were separated out, confirmed the executive nominations by a vote of 41 in the affirmative. Later, the chamber heard a personal privilege statement from a Montgomery County senator about Julius Rosenwald and Rosenwald schools in Maryland, highlighting preservation efforts and an upcoming Scrabble tournament fundraiser at a Rosenwald school. The Senate then confirmed a quorum, and the Majority Leader moved that the Senate stand in recess until Monday, March 2 at 8:00 p.m., which was adopted without objection.
MN
Transcript Highlights:
  • Number two, part of the calculated risk is: do I have a warrant for my arrest?
  • calculated calculated risk<00:10:50.839> do<00:10:51.040> I<00:10:51.240> have<
  • <00:11:04.480> risk Number two, part of the calculated risk: Do I have any contraband in my
  • That's the calculated risk that these individuals face.
  • That's the calculated risk that these individuals face.
Keywords: 1183, house
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 23rd, 2026 at 12:42 pm

House Appropriations & Finance

Transcript Highlights:
  • We're seeing huge interest. We probably have around an average of $7.7. We're seeing huge interest.
  • It doesn't gain any interest.
  • The committee, I think, is very interested in New Mexico.
  • can be off, the LFC benefit calculation can be off.
  • So I will be interested to see an understanding of why these sort of hard walls exist.
Keywords: 996, all
Summary: The committee first heard an Aging and Long-Term Services Department budget presentation comparing the LFC and executive recommendations. The main differences were in the Aging Network, Adult Protective Services, Program Support, and Long-Term Care Division, especially the executive’s proposed $10 million infusion into the Kiki Savadra Senior Dignity Fund and $6.2 million for expanding New Mexico Care. LFC staff explained that the committee recommendation was lower in general fund and fund-balance use, while the executive emphasized rising senior population needs, meal and transportation costs, and the cost savings of keeping older adults at home. The secretary also reviewed the department’s special requests, including the conference on aging, outreach, emergency preparedness, and the Kiki fund, and described New Mexico Care’s growth, its evaluation results, and the department’s plan to separate Kiki into its own accounting fund. Members largely focused on senior services, rural meal delivery, transportation, caregiver support, and the Kiki fund. Several members urged stronger support for non-metro aging providers and for New Mexico Care, citing its role in keeping seniors out of nursing homes and the program’s reported savings and outcomes. Questions also covered eligibility, background checks for caregivers, respite care, dementia and Alzheimer’s screening, and whether Kiki funds can support home modifications such as ramps. The committee then voted to adopt the LFC recommendation with one executive language change: adding the executive’s page 14 language allowing an additional 12.5% distribution for initial payments to aging network providers at the start of FY27. Representative Dow opposed the motion. The committee then moved to the Attorney General’s budget. LFC staff explained that the office’s budget relies heavily on the Consumer Settlement Fund, with both recommendations reducing general fund revenue while increasing settlement-fund use, and that performance measures were in consensus. The Attorney General said the office was not seeking more general fund, but wanted greater ability to use funds it recovers. He highlighted major consumer and public safety work, including litigation against major social media and AI platforms, a case involving Snapchat and child exploitation/extortion, the statewide crime gun intelligence center, efforts to address oilfield theft, work on missing and murdered Indigenous persons, and efforts to protect federal funds coming into New Mexico.
MN

Minnesota 2025 1st Special Session

House Elections Finance and Government Operations Committee 3/3/25

Elections Finance and Government Operations

Transcript Highlights:
  • If there are interpretations or variabilities, you go by the policy to calculate that out.
  • He said if you're going to calculate it, you ought to have something to be calculated by, and you should
  • however you used to uniformly calculate however you used to uniformly calculate and<01:42:38.760
  • that you go by the policy to calculate that you go by the policy to calculate that<01:43:30.400>
  • by to have something to be calculated by to have something to be calculated by and<01:44:02.480>
FL

Florida 2025 Regular Session

December 9, 2025 - 12:30 PM

Transcript Highlights:
  • . >> WITH THE INTEREST A PERIOD OF TIME I WILL BE BRIEF.
  • IN THE INTEREST A PERIOD OF TIME I WILL BE BRIEF.
  • WE DON'T LICENSE MACHINES, WE DON'T LICENSE CALCULATORS OR OUR DESKTOPS.
  • , CALCULATORS AND I'M NOT JOKING.
  • WE DO THIS ALL THE TIME AND CALCULATE THE DAMAGES AND PIP REIMBURSEMENT AMOUNTS.
MN

Minnesota 2025-2026 Regular Session

Committee on Housing and Homelessness Prevention - 03/06/25

Housing and Homelessness Prevention

Transcript Highlights:
  • prevented interested building owners from qualifying.
  • <01:02:50.440> using<01:02:50.720> a increases is calculated using a increases is calculated
  • So, regarding the AMI calculation, that calculation is done by HUD, the Federal Department of Housing
  • um so regarding the the Ami calculation um so regarding the the Ami calculation that<01:20:45.920
  • <01:20:53.199> Ami<01:20:54.199> um they calculate Ami um they calculate Ami um regionally
Keywords: 1187, senate, all
OK
Transcript Highlights:
  • House Bill 2730 does the following: There is currently a statutory rate of interest in the statutes,
  • of course, that if you have an underpayment of taxes, it is assessed at a 15% interest rate.
  • legislature because I saw in a lot of cases in the IRS somebody would have a balance due and their interest
  • don't have an option to refinance that with a bank or some other facility to get a lower rate of interest
  • So they're locked in at paying that 15% rate of interest when, in reality, a signature loan might be