Video & Transcript Research : 'CAP'

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NH

New Hampshire 2025 Regular Session

Senate Education Finance (02/12/2025)

Education Finance

Transcript Highlights:
  • I'm here today to introduce Senate Bill 295 FN, which simply removes the income cap on Education Freedom
  • So there are wildly different estimates of what lifting the income cap would mean, but one estimate is
  • <00:33:51.080> would<00:33:51.440> mean what lifting the income cap would mean what
  • lifting the income cap would mean um<00:33:53.559> but<00:33:54.639> one um but one um
  • <01:42:03.440> New $530,000 without an income cap New $530,000 without an income cap New Hampshire
Keywords: 1191, senate, all
CA
Transcript Highlights:
  • So, beginning with the proposal to cap provider work hours at 50 hours per week.
  • Understanding that some of the providers will still work over time underneath the proposed cap.
  • the proposed cap.
  • The reference to the reduction of hours I'm going to assume is related to the overtime cap.
  • Also oppose the IHSS caps to overtime and travel and cuts to the undocumented population.
Keywords: 988, house, all
FL

Florida 2026 Regular Session

Appropriations Jun 5th, 2025

Appropriations

Transcript Highlights:
  • The legislature will be required to transfer $750 million each year until the fund hits that maximum cap
  • So while the current bill says we have 4% of general revenue with a cap of 10%, this allows us to increase
  • Stabilization Fund has been in our Constitution for quite some time, and at one time that number had a cap
  • this year, as a side note, our payment to the Budget Stabilization Fund this year will put us at a 10% cap
  • We can't put it into BSF because we'll already be at the 10% cap, so it'll be held until that decision
Summary: The Appropriations Committee heard three measures focused on state finances. SB 1906 by Senator Brodeur would add a ninth element to the state debt reduction strategy report and create a program to transfer $250 million annually from the General Revenue Fund to accelerate retirement of outstanding state debt, while exempting the Department of Transportation and Florida Turnpike Enterprise. Members questioned the fiscal tradeoffs and flexibility, but the bill was supported in debate and reported favorably. The committee then considered SJR 1908 by Chair Hooper, which would amend the Constitution to raise the Budget Stabilization Fund cap from 10% to 25% of general revenue collections, require $750 million annual deposits until the cap is reached, and allow withdrawals for critical state needs by separate bill with a two-thirds vote, while keeping existing rules for emergencies and revenue shortfalls. Testimony and debate centered on whether Florida already has sufficient reserves, how “critical state need” would be defined, and whether the new requirement would reduce flexibility during recessions or federal funding cuts. Despite opposition from advocacy groups and several senators, the resolution was reported favorably. Finally, the committee took up HB 7031 as the vehicle for the tax package and adopted a delete-everything amendment to place it in the proper posture for conference. As amended, the bill was described as reducing the state sales tax by 0.75%, lowering the commercial rent tax from 2% to 1.25%, eliminating the business rent tax, and creating permanent sales tax exemptions while preserving sales tax holidays. The amended bill was reported favorably, and the committee then adjourned.
AZ

Arizona 2026 Regular Session

02/17/2026 - House Commerce

Commerce

Transcript Highlights:
  • The amount is capped at $200 million.
  • The bill changes the capped amount to a maximum of $75 million each fiscal year.
  • It lowers the reimbursement cap from a large total pool to a controlled annual cap.
  • The annual cap provides assurances to the legislative budget formulation.
  • The annual cap provides assurances to the legislative budget formulation.
Summary: The committee heard and acted on several bills, mostly receiving due pass recommendations. HB 4020 would raise the maximum annual assessment on insurers that funds the Department of Insurance and Financial Institutions fraud unit from $1,050 to $1,350. The sponsor and an industry witness said the increase would support fraud investigations, and the bill passed 9-1 after a roll call vote; the transcript later included a correction stating HB 4020 passed 10-0 with one absent. HB 2255 would extend Arizona Teachers Academy scholarship eligibility for community college students from two academic years/four semesters to four academic years/eight semesters. Maricopa Community Colleges supported the bill, saying it would let community college teacher candidates complete bachelor’s degrees with the same funding available to university students. It passed unanimously. HB 2591, as amended, revised the definition and administration of registered apprenticeships to align with U.S. Department of Labor standards and add requirements such as written agreements, structured training, wage progression, and safety supervision; it also passed unanimously. HB 2680, as amended, narrowed and revised workers’ compensation fraud-related provisions, including insurance disclosure requirements and proof of coverage. Supporters from labor and construction groups said it would help combat premium fraud and protect honest contractors, while the sponsor said the amendment narrowed the bill to address concerns. It passed 10-1. HB 2979 modernized credit union law regarding bylaws, name changes, principal office changes, and certain powers; credit union representatives supported it as a regulatory update, and it passed 11-0. HB 2868 required manufactured-home/mobile-home installation license applicants and renewals to show insurance and fingerprint clearance, and to allow the Department of Housing to set experience, exam, and enforcement rules; it passed 8-1 with two present. The committee also approved a strike-everything amendment to HB 2429 on short-term rentals, allowing local governments to regulate overnight occupancy, extending the violation window for suspending a license from 12 to 24 months, and allowing suspension after certain building code violations. The sponsor and city/county representatives described it as a compromise that restores some local control, while short-term rental advocates and neighborhood groups said it was a step forward but still too limited; the bill passed 8-2 with one present. HB 4011, without the proposed amendment, codified HOA duties to act reasonably and fairly in enforcing rules, and after testimony from attorneys, homeowners, and HOA advocates describing abusive enforcement and the need for clearer standards, it passed 11-0. HB 2397, as amended, required more complete HOA disclosure information to buyers and escrow agents, with supporters saying it would prevent surprise assessments and defects and critics warning some language was still broad; it passed 11-0. Finally, HB 4026 would change a public infrastructure reimbursement program for advanced manufacturing by replacing a $200 million total cap with a $75 million annual cap and adding website-posting requirements for agreements; Queen Creek and economic development witnesses said it was needed to support major manufacturing projects and related infrastructure, and the bill was being discussed when the transcript ended.
HI

Hawaii 2025 Regular Session

Room 224 Conference PM - 04-25-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • Just $150,000 cap. Okay.
  • Just $150,000 cap. Okay. Was in the drop, right? Yeah. I think we're ready to vote then.
  • Just<00:24:37.120> $150,000<00:24:37.919> cap.
  • <00:24:38.400> $150,000<00:24:39.200> cap.<00:24:39.600> Okay.
  • Just $150,000 cap. $150,000 cap. Okay. Just $150,000 cap. $150,000 cap. Okay.
Keywords: 912, senate, all
Summary: The committee considered several conference measures on April 25, 2025, mostly waiting on FIN or Ways and Means releases before taking action. SB 25 on eviction mediation was agreed to and passed with amendments, with members voting aye except for one no vote recorded from Representative Pirk and several excused members. SB 1367 on installment loans was also taken up later in the meeting; a revised conference draft was noted to include a five-year timeframe, a $1 convenience fee, and a corrected effective date, and it passed unanimously among those voting. Other measures were repeatedly rolled to later times in Room 224 or 225 because releases were still pending, including SB 1044 on property insurance stabilization, SB 1220 on a renewable gas tariff, SB 500 on electric utilities, HB 1370 on liquor tax/draft beer definitions, HB 939 on alcohol/liquor tax changes, HB 1052 on the universal service program, and SB 1500 on electric utilities. When SB 1220 and SB 500 were eventually heard, both were described as creating or adjusting utility-related processes and both passed with amendments. HB 1370 also passed with amendments after the committee noted it would redefine draft beer for liquor tax purposes. SB 1044 drew the most detailed discussion: the conferees described major funding provisions, including a $30 million reimbursable general obligation bond appropriation for the Hawaii Hurricane Relief Fund, a $20 million reimbursable GO bond appropriation to the Hawaii Green Infrastructure Authority for a condominium loan program, and a $5 million appropriation for GAP reserves, along with 36-month assessment periods and a temporary recording fee up to $44. The bill passed with amendments. HB 1052 on the universal service program was described as allowing the Public Utilities Commission to use program funds to provide free telecommunications access for individuals with print disabilities, with a $150,000 cap, and it also passed with a conference draft.
TX

Texas 89th 2nd C.S.

Local Government (Part I) Apr 24th, 2025

Local Government

Transcript Highlights:
  • Senate Bill 2778 raises the board approval threshold from $2,000 to a permissive cap of $50,000.
  • This does not mandate the new cap for all ESDs, and... Cap of $50,000.
  • This does not mandate the new cap for all ESDs.
  • Boards can revisit or revise their cap at any time in a public meeting.
  • This would be about a $10,000 cap now, roughly.
Summary: The Senate Committee on Local Government met with a quorum at the start, adopted a two-minute limit for public testimony, and heard a series of housing, local government, fire code, and district-governance bills. Several measures were laid out with committee substitutes, including SB 628 on county fire code administration through interlocal agreements with emergency service districts; SB 208 creating a Workforce Housing Capital Investment Fund for zero-interest loans to nonprofit builders; SB 2835 allowing cities to opt into single-stair apartment buildings; and SB 2477 easing office-to-residential conversions in certain cities. Other bills addressed ESD spending thresholds (SB 2778), hospital district updates (SB 1042), subdivision/platting issues (SB 1708), public housing tax credit eligibility (SB 2608), groundwater district representation for Marfa and Presidio (SB 3044), park board authority in Waller County (SB 2367), ETJ removal procedures (SB 2523), and reporting death certificates to appraisal districts to help address squatting and homestead issues (SB 2521). Testimony was largely supportive on the housing bills. Supporters of SB 208, including Habitat for Humanity affiliates, a Brownsville nonprofit developer, Texans for Housing, and an educator, said the revolving fund would help nonprofit builders finance land, infrastructure, and development costs for affordable homes, especially for families earning 30% to 80% of area median income. SB 2835 drew support from architects, planners, and housing advocates who argued that single-stair buildings can be safe, more efficient, and better suited to missing-middle housing, though the Texas APA registered qualified opposition, saying the proposal bypasses the usual code-development process and may not be sufficiently studied. SB 2477 also received broad support from housing groups and policy organizations, who said office conversions could help address vacancy and housing shortages, though Corpus Christi raised a concern about fee recovery and local cost reimbursement. The committee also heard support for SB 628 from a county fire marshal and an ESD representative, who said the bill would reduce duplicate fire-code enforcement and costs. SB 2778 was backed by a Bexar County ESD fire chief, who said the current $2,000 expenditure approval threshold is outdated and slows emergency purchases and repairs. SB 2608 was supported by the El Paso housing authority, which said adding certain Section 8 projects to the at-risk LIHTC set-aside would help renovate aging subsidized housing. SB 3044 was presented as a way to give Marfa and Presidio representation on the groundwater district board while preserving permitting authority. Each bill heard public testimony was left pending subject to the call of the chair, and the committee recessed to reconvene after the Senate adjourns.
NH

New Hampshire 2026 Regular Session

Senate Ways and Means (02/04/2026)

Ways and Means

Transcript Highlights:
  • 29. >> So, line 28 and 29, yeah, be $10,000. >> But that's a cap.
  • 29. >> So, line 28 and 29, yeah, be $10,000. >> But that's a cap.
  • 29. >> So, line 28 and 29, yeah, be $10,000. >> But that's a cap.
  • As you aggregate cap on expenditures.
  • We're very sensitive to caps these days.
Keywords: 1191, senate, all
CA
Transcript Highlights:
  • No income cap, no nonprofit requirement.
  • LiTech tops out at 60, and the state's bond cap caps at 80.
  • No LIHTC, no bond cap allocation, no state appropriation.
  • One, would a housing bond create the CAP program, and are you familiar with it?
  • It could be a way to kind of get that is through something like a CAP program.
Summary: The committee heard testimony on several housing-related proposals and policy ideas. One speaker urged changes to the welfare property tax exemption for affordable housing, arguing that annual income recertifications are outdated and burdensome, and proposing a one-time qualification at move-in, streamlined monitoring through TCAC or HCD, and continued exemption protection for projects that remain in compliance. The witness said rising insurance costs and administrative burdens are hurting cash flow and threatening the viability of affordable housing operations. A major portion of the meeting focused on social housing and the SB 555 study. HCD described its ongoing study process, including public engagement with residents, practitioners, and experts, and noted that California already has many building blocks for social housing, such as public land tools, long-term affordability mechanisms, community land trusts, and tenant protections. Community land trust and housing policy witnesses argued that social housing will require legislative action, expanded public subsidy, tax abatements, public land, and simplified financing, and they emphasized the need to reframe the concept for the “missing middle” and middle-class households to build broader political support. Committee members discussed stigma around “social housing,” the need for a rebrand, and the possibility of a pilot program, especially on excess public land. The committee also heard a proposal for a certified professional plan-check system modeled on Vancouver, Canada. The presenter said California’s permitting delays, inconsistent reviews, and staffing shortages add cost and uncertainty even for streamlined projects, and proposed allowing state-certified private professionals to perform plan checks and inspections under state oversight while local governments retain zoning and enforcement authority. Members discussed local control concerns, infrastructure costs, and the need to reduce delays and uncertainty in the entitlement process. Finally, the committee heard testimony supporting changes to HCD loan disbursement so funds can be used during construction rather than only after completion. Witnesses said this would reduce interest costs, improve feasibility, and could produce additional affordable homes with existing funding. The discussion also referenced AB 1053 as the vehicle for implementing that approach.
CA
Transcript Highlights:
  • No income cap, no nonprofit requirement.
  • No income cap, no non-profit requirement.
  • LiTech tops out at 60, and the state's bond cap caps at 80.
  • No LIHTC, no bond cap allocation, no state appropriation.
  • It could be a way to kind of get that is through something like a CAP program.
Keywords: 988, house, all
Summary: The committee heard testimony on several housing-finance and permitting reforms aimed at making affordable and middle-income housing projects “pencil.” The first panel focused on the welfare property tax exemption, with witnesses arguing that annual recertifications are outdated, burdensome, and costly for both residents and operators. They urged streamlining by aligning eligibility rules with TCAC or HCD monitoring, allowing one-time qualification at occupancy, and preserving exemptions for projects that remain in compliance, especially as insurance costs and operating deficits are rising sharply. A major portion of the meeting centered on social housing and community land trusts under SB 555. HCD described the state’s ongoing study, due by December 31, 2026 and to be included in the 2027 annual report, and outlined public engagement already completed with residents and practitioners. Community land trust and policy witnesses argued that social housing will require legislative action beyond the study, including expanded tax abatements, public land use, soft loans, and simpler capital stacks. They emphasized that the model should include mixed-income and “missing middle” households, and several members discussed the stigma around the term “social housing,” suggesting a rebrand toward generational or multi-generational housing to broaden public support. The committee also discussed a proposed certified professional program modeled on Vancouver, Canada, to speed plan checks and inspections by allowing state-certified private professionals to perform certain code-compliance functions under local oversight. The witness said this would reduce delays, repeated reviews, and cost overruns while preserving local authority over zoning and enforcement. Members raised concerns about local control, infrastructure costs, and political resistance, but expressed interest in exploring a pilot and further recommendations. In the final panel, housing advocates supported allowing HCD loan funds to be disbursed during construction rather than only after completion. They said this would reduce interest costs, improve project feasibility, and could produce additional affordable homes without new appropriations. Members agreed the current system is fragmented and outdated, and several speakers and legislators repeatedly called for streamlined, more flexible financing and permitting tools to support housing production.
FL

Florida 2025 Regular Session

February 12, 2025 - 01:00 PM

Transcript Highlights:
  • And basically, we're capped because he can't produce any more beer.
  • And basically, we're capped because he can't produce any more beer.
  • And so that's why we arrive at gallon caps.
  • Like, is there a cap?
  • What I ask is, like, is there a cap on distribution licenses?
Summary: The committee met to hear an overview of Florida’s alcoholic beverage regulatory structure and a panel discussion on the state’s three-tier system. Emily Oglesby of DBPR explained the department’s licensing and enforcement roles, described common license types, and outlined the three tiers—manufacturers, distributors, and retailers—along with tied-house restrictions and several statutory exceptions for certified Florida farm wineries, breweries with tap rooms, brew pubs, and craft distilleries. Members asked about licensing fees, the number and classification of distributors and craft producers, and how the exceptions fit within the broader system. Panelists from craft breweries, craft distilleries, wholesalers, and retailers then discussed how the system affects market access, pricing, and product selection. Craft producers argued that Florida’s rules make it difficult for small brands to reach retailers because they must rely on distributors that often prioritize larger, higher-volume products; they said limited self-distribution or other reforms could help small businesses grow without eliminating wholesalers. Wholesalers and retailers defended the three-tier model as a public-safety and anti-monopoly framework, emphasizing investment in warehousing, sales, compliance, and product vetting, while noting that they already carry some craft products and make selections based on demand, quality, and shelf space. Members also explored related issues such as direct-to-consumer sales, the role of excise-tax audits and inspections, and the emerging market for hemp-derived THC beverages and other alternative drinks. DBPR and industry witnesses said alcohol and hemp products are regulated differently, and several speakers urged the Legislature to consider clearer rules for these products. The meeting ended with no bill vote or formal action; the chair thanked the panel and adjourned after Representative Yeager moved to rise, with no objection.
CA

California 2025-2026 Regular Session

Assembly Environmental Safety and Toxic Materials Committee Apr 29th, 2025

Environmental Safety and Toxic Materials

Transcript Highlights:
  • Collectively though we are in strong opposition to the 2% cap that is ultimately a I want to be clear
  • on 2% for the cap on 7-OH in Kratom and 7-OH products.
  • So, right now, with the 2% cap of 7-0, this is how it would work.
  • us dictate what that milligram cap is.
  • , kind of better understanding the science related to any sort of cap on that.
Keywords: 988, house, all
TX

Texas 89th Regular

S/C on Property Tax Appraisals Apr 17th, 2025

S/C on Property Tax Appraisals

Transcript Highlights:
  • Take the same courses required for pay as review board members. and cap their arbitration fees based
  • As the single consistent source of cap rate development, provides transparency and public involvement
  • . into the cap rate development process and then reduces the need for costly litigation between myself
  • And then they have access to other pieces of data that they could use to formulate a cap rate or cap
  • So, what we see... today is that certain appraisal districts have cap rates based on age. or quality,
MN

Minnesota 2025-2026 Regular Session

Minnesota House passes omnibus tax package, HF2438 - Part 1 5/17/26

Minnesota House Floor Meeting

Transcript Highlights:
  • Chair Davids House File 3127, which is a two-year extension of the pass-through entity tax, the SALT cap
  • There is a one-year removal of the cap on the beginning farmer tax credit.
  • > the There is a one-year removal of the There is a one-year removal of the um<00:02:47.040> cap
  • > the<00:02:47.840> beginning<00:02:48.240> farmer<00:02:48.600> tax um cap
  • on the beginning farmer tax um cap on the beginning farmer tax credit credit credit uh uh uh There<00
Keywords: 919, house, all
Summary: The House considered the conference committee report on House File 2438, the 2026 tax bill. Representative Gomez outlined the main provisions, saying most fiscal changes were tied to federal tax conformity. He also described several other items in the report, including a two-year extension of the pass-through entity tax workaround, a sustainable aviation fuel provision, a one-time $125 million increase in homestead credit property tax refunds, a one-year removal of the cap on the beginning farmer tax credit, a four-year tax exemption for PGA tickets, permanent aid to certain school districts, a direct file program, changes related to homestead resort classification thresholds, local property tax and income tax provisions, local government aid for the new city of Northern, a four-year extension of local homeless prevention aid, and Department of Revenue policy, technical, TIF, local, and public finance items. After the report was presented, the House adopted the conference committee report and ordered the bill repassed as amended by conference. The clerk then gave the bill its third reading as amended. Following third reading, Representative Niska moved to lay House File 2438 on the table. The motion prevailed, and the bill was tabled.
NM

New Mexico 2026 Regular Session

Senate - Tax, Business and Transportation Jan 29th, 2026 at 02:36 pm

Senate Tax, Business & Transportation

Transcript Highlights:
  • ; I get that part, but is there a cap?
  • close to exceeding the $5 million cap.
  • Million dollar cap.
  • SB 116 changes that by removing the cap on these exemptions entirely.
  • SB 116 changes that by removing the cap on these exemptions entirely.
NM

New Mexico 2025 Regular Session

IC - Economic and Rural Development Dec 8th, 2025 at 09:32 am

Economic & Rural Development & Policy Committee

Transcript Highlights:
  • Several cities have also capped short-term rentals, stopping future owners from participating.
  • Essentially, if you get a permit first, you're allowed to operate, but if your also capped short-term
  • to 12 times higher than that of hotels, property tax with property tax lightening, and also unfair caps
  • We are asking the state to caps that restrict competition.
  • It will create fee parity caps on business licenses and permit caps across all cities and towns, and
Keywords: 996, all
MN

Minnesota 2025-2026 Regular Session

Committee on Higher Education - 03/20/25

Higher Education

Transcript Highlights:
  • And so, I have again the proposal on the table to cap that down to the minstate level.
  • And so, I have again the proposal on the table to cap that down to the minstate level.
  • And we see that... that I want to make is we have a cap that I want to make is we have a cap right<00
  • cap that down to the minstate level. cap that down to the minstate level.
  • Thank you so much. within the within the revenue cap does within the within the revenue cap does save
Keywords: 1187, senate, all
MN

Minnesota 2025 1st Special Session

House Education Finance Committee 3/11/25

Education Finance

Transcript Highlights:
  • This amount is capped, so a number of metro area school districts are at the cap.
  • This amount is capped, so a number of metro area school districts are at the cap.
  • This amount is capped, so a number of metro area school districts are at the cap.
  • This amount is capped, so a number of metro area school districts are at the cap.
  • This amount is capped, so a number of metro area school districts are at the cap.
Keywords: 1183, house
OK
Transcript Highlights:
  • House Bill 2962 removes the statutory time limits and refund caps for claims related to tax overpayments
  • House Bill 3336 simply seeks to remove the cap on the CIO position in OMES.
  • Why not put a cap? Why remove it completely?
  • And so if the legislature isn't setting the maximum salary cap, who would be?
  • I said, you can put a cap on. They get it. There's probably... Okay.
Keywords: 914, all
MN

Minnesota 2025 1st Special Session

Committee on Human Services - 02/19/25

Health and Human Services

Transcript Highlights:
  • Thank you. [00:29:51] The proposal would cap that at merely 2%.
  • And what this is asking us to do is cap that at merely 2%. [00:30:42] The proposal to cap the already
  • What this is asking us to do is cap that at merely 2%.
  • What this is asking us to do is cap that at merely 2%.
  • this progress through a 2% rate cap this progress through a 2% rate cap would<01:47:02.760> be
Keywords: 1187, senate, all
MO

Missouri 2026 Regular Session

Budget May 13th, 2026

Budget

Transcript Highlights:
  • There is no cap for this program.
  • And then the two that we're capping, the low-income housing tax credit, the historic preservation tax
  • credit, those caps were the same that we saw in fiscal year 2026.
  • And then the two that we're capping, the low-income housing tax credit, the historic preservation tax
  • credit, those caps were the same that we saw in fiscal year 2026.
Keywords: 959, house, all