Video & Transcript Research : 'interest calculation'
Page 34 of 500
FL
Transcript Highlights:
- So we had seen a surge during the pandemic when the Federal Reserve lowered the interest rate to pretty
- So it's interesting to hear that it's such a major cost driver.
- I can tell you how this was calculated.
- So it's interesting to hear that it's such a major cost driver. my question on a interesting to hear
- I can tell you how this was calculated.
Summary:
The committee met to receive Amy Baker’s presentation on Florida’s long-range financial outlook for fiscal years 2026-27 through 2028-29. Baker said the forecast assumes continued but moderating economic growth, with Florida GDP slowing from recent highs, personal income remaining above average, wages continuing to rise faster than job growth, and population growth eventually slowing as the state approaches 2030 and the baby-boomer cohort fully ages into retirement. She also highlighted weakening housing and real-estate-related revenue, especially documentary stamp collections, along with low consumer sentiment as signs of caution in the outlook.
Baker explained that the state’s near-term general revenue picture improved largely because of legislative actions taken in the prior session, including contingency releases, reversions, and other budget adjustments, rather than from major new revenue growth. She said reserves remain strong at nearly $15 billion, or just under 30% of general revenue, with the budget stabilization fund at its constitutional maximum. The main spending pressures identified were critical needs and other high-priority needs, led by a new recurring transfer to the emergency preparedness and response fund and by Medicaid, where rising service costs and medical inflation—especially behavioral analysis costs in managed care—are driving higher expenditures despite lower caseloads and a slightly better federal match.
Members questioned the accuracy of the forecast, the Medicaid cost drivers, the treatment of the governor’s emergency fund, federal funding assumptions, and whether recent federal legislation was reflected in the numbers. Baker said the outlook assumes current federal funding paths continue, that the new federal tax/revenue law had not yet been fully incorporated because agencies were still reviewing it, and that the emergency fund line was calculated from recent appropriations without distinguishing specific uses. She also said the vetoed $750 million did not affect the budget stabilization fund because it reverted to unallocated general revenue. No bills were heard, no votes were taken, and the committee adjourned after the presentation and discussion.
FL
Transcript Highlights:
- When these calculations—there are four calculations, as you know, the school districts go through—and
- are four calculations, as you know, the school districts go through—and when these calculations are
- due to trying to track where the per-student... that they're experiencing in the calculations due to
- We can also look at the major FEFP formula components included in the Senate FEFP calculation.
- Senator Rouson, it's interesting that you bring this up.
Summary:
The Senate opened with prayer, the Pledge of Allegiance, and several gallery introductions before taking up Committee Substitute for Senate Bill 168, the Tristan Murphy Act, on mental health. Senator Bradley explained that the bill is intended to divert clinically appropriate defendants with mental illness from jail to treatment, create pretrial mental health diversion programs, expand grant uses for mental health and substance abuse reinvestment, require evaluations and treatment follow-up in certain probation and prison settings, add Hillsborough County to a forensic hospital diversion pilot, and establish a Florida Behavioral Health Data Repository. Senators from both parties spoke in support, emphasizing treatment over incarceration, public safety, and the Murphy family’s role in the bill. The Senate passed the bill 37-0 and then recorded 37 co-sponsors.
The chamber then moved into presentations on SB 2500, the 2025-26 General Appropriations Act. Chair Hooper said the Senate budget totals $117.4 billion, reduces overall spending from the prior year, maintains reserves, keeps employee health contributions level, and includes major investments in water quality, transportation, education infrastructure, and nearly $1 billion in education capital outlay. Committee chairs outlined their portions of the budget, including increased funding for K-12 schools and scholarships, higher education workforce programs, Medicaid and health services, corrections and courts, transportation and housing, and environmental restoration such as Everglades and water quality projects.
Members then asked extensive questions, especially about education funding, school choice, AP/IB and accelerated programs, the Family Empowerment Scholarship, and the FEFP calculations. Senator Burgess repeatedly explained that scholarship funding is being moved “below the line” to improve tracking and that the Senate position is to preserve funding while giving districts more flexibility. Senators also questioned the APD wait list for disability services, opioid settlement spending, arts funding, the My Safe Florida Home condo pilot, and proposed IT and agency restructuring. Several chairs said some issues would be resolved in conference, and no final vote on the budget was taken in the portion provided.
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 02/24/26
Minnesota Senate Floor Meeting
Transcript Highlights:
- With that, interest to the commission.
- We thought it would be interesting also.
- We thought it would be interesting also.
- c> because<00:15:21.680>
the actually really interesting because the actually really interesting - >
the Our actuaries calculate that the Our actuaries calculate that the required<00:24:30.960>
MN
Minnesota 2025-2026 Regular Session
House Judiciary Finance and Civil Law Committee 3/13/25
Judiciary Finance and Civil Law
Transcript Highlights:
- So this amendment is kind of the last bit of discussion that was taking place between all interested
- of it is to be precise when calculating of it is to be precise when calculating Redemption<00:16
- at the interest rate that's stated on their debt.
- at the interest rate that's stated on their debt.
- Are you interested in getting your senior photos taken?”
Keywords:
mortgage foreclosure, redemption, foreclosure surplus, sheriff's sale, junior lienholder, mortgagor, homeowner protections, loss mitigation, dual tracking, foreclosure redemption period, certificate of redemption, certificate of sale, sheriff, county recorder, registrar of titles, homeownership center, lien priority, real property, foreclosure by advertisement, surplus funds
MN
Minnesota 2025-2026 Regular Session
House State Government Finance and Policy Committee 3/3/26
State Government Finance and Policy
Transcript Highlights:
- <00:31:12.320>
in And while we appreciate the interest in And while we appreciate the interest - trying to think about how we calculate trying to think about how we calculate this<00:41:27.760>
- equation or a formula to calculate equation or a formula to calculate what<00:42:46.079>
someone's - <00:47:26.800>
I being able to calculate that out. I being able to calculate that out. - I mean, I have many, but I will just try to list in the interest of time a couple.
Keywords:
Safe at Home, address confidentiality, domestic violence, sexual assault, stalking, harassment, victim privacy, survivor protection, confidential address, protected address, secret address, identity protection, residential confidentiality, program participant, nondiscrimination, court disclosure, protective order, service of process, driver's license, state ID
Summary:
The committee first approved minutes from February 19 and February 26, while skipping the February 24 minutes because of a drafting error that would be corrected later. It then took up House File 3676, a Safe at Home program bill described by Rep. Nash as arising from a constituent’s dangerous identity exposure and intended to tighten protections for participants, including allowing emancipated minors to enroll. Testimony from the Secretary of State’s office explained that the bill would clarify who may apply for a minor, require proof of guardianship, strengthen court findings before a participant’s physical address can be disclosed, increase penalties for harmful disclosure, prohibit discrimination based on participation, require state agencies to designate a Safe at Home contact person, allow use of the Safe at Home card as proof of residence for certain ID purposes, and require judge training. Members raised concerns about federal compatibility, constitutionality of court-related provisions, and the need for a fiscal note on the felony penalty. Several sections were noted as being removed or modified in a later engrossment, and the committee voted to re-refer HF 3676 to the Transportation Finance and Policy Committee.
The committee then heard House File 3683, which would direct the state budget forecast to include the estimated cost of fraud. Rep. Nash argued that fraud is a significant but unquantified drain on state resources and said the bill would adapt existing forecast language used for inflation to track fraud costs. Minnesota Management and Budget Deputy Commissioner Anna Mingi testified that fraud is unacceptable and that the agency works to prevent and detect it, but said the twice-yearly forecast is not the right tool for this kind of retrospective analysis. She explained that if fraud is identified, the forecast would reflect reduced spending through program integrity actions rather than a separate fraud-cost line item. The bill was moved and referred to the general register after a roll call was requested.
NH
New Hampshire 2025 Regular Session
Committee of Conference on HB 1, HB 2 (06/13/2025)
Transcript Highlights:
- <00:26:46.640>
of rather that you do the calculation of rather that you do the calculation - <03:15:21.279>
the and we did not try to calculate the and we did not try to calculate the - I mean, their calculation is what their calculation is.
- localities because they don't calculate localities because they don't calculate that.<04:05:40.880
- You also have uh has to be calculated.
Summary:
The Committee of Conference on HB 1 and HB 2 met to review revenue estimates and begin working through the HB 1 detail change sheet. New Hampshire Lottery Director Charlie McIntyre reported stronger-than-expected lottery performance, raising the current-year return estimate to $27 million and the next biennium estimate to $200 million, with the increase attributed to improved scratch ticket sales and sports betting not hurting revenue as much as expected. Members questioned the assumptions behind the higher estimates, including the impact of $50 scratch tickets and whether the figures accounted for future conversion from historical horse racing (HHR) machines to video lottery terminals (VLTs). McIntyre and committee members discussed machine counts, per-day revenue assumptions, and the likelihood that VLT conversion would increase revenues over time, though the timing and pace of conversion remained an open question.
The committee also discussed several gaming-related policy items in HB 2, including changes to kino hours and local option games of chance, and noted that the Senate and House differed on how gaming revenues would be allocated between charities, education, and general funds. Members emphasized that revenue projections should remain conservative because operators, not the state, would control the pace of machine conversion. Representative Sweeney noted that operators could earn more per machine under the VLT model, and McIntyre said the new facilities and expansions were largely concentrated near the Massachusetts border.
The committee then moved to the HB 1 detail change sheet. It agreed to Senate position on the Department of Safety’s road toll bureau and international registration program changes, which were described as a zero-cost realignment of positions, and held the Department of Corrections section for later discussion. On the judicial side, members approved a technical footnote fix, but held a new contract counsel item for involuntary mental health admissions and deferred discussion of the public defender program increase. The committee also noted no change for the PE development authority, moved safety rest area funding from HB 2 into HB 1 with no additional cost, and flagged the tourism development fund and other judicial items as issues that may depend on overall available revenue.
MN
Transcript Highlights:
- So is a statutory operating debt calculation.
- Their statutory operating debt calculation is now 9.71, which for a big school district like Morehead
- that Superintendent Johnson was stating on his form about statutory operating debt calculations.
- that Superintendent Johnson was stating on his form about statutory operating debt calculations.
- statutory operating debt calculations statutory operating debt calculations could<00:20:32.720><
Keywords:
education, mandate relief, school funding, local control, state laws, fund transfers, 1183, house
ND
North Dakota 2026 1st Special Session
Water Topics Overview Committee Jun 10th, 2026 at 09:00 am
Water Topics Overview Committee
Transcript Highlights:
- So my question is: Is there interest?
- And for future interest, I also don't have a good idea for you as of today on what the future interest
- We have in the past at low interest rates.
- So they're only paying interest on that $50,000.
- BNSF has expressed an interest in participating.
CA
Transcript Highlights:
- So we know this is also of a lot of interest.
- Is there any calculation that CARB did around MDI allowing up to upwards of 160% for...
- Calculation before this body votes.
- an updated calculation on the DGRF.
- So I'm sorry, I haven't done the per-customer calculation.
Summary:
The Senate Environmental Quality Committee and Senate Budget and Fiscal Review Subcommittee No. 2 held a joint hearing on CARB’s proposed amendments to the cap-and-invest regulations. Opening remarks from senators emphasized the 2025 reauthorization of the program through AB 1207 and SB 840, and focused on whether CARB’s April revisions faithfully implement legislative intent while balancing climate ambition, affordability, leakage prevention, and the Greenhouse Gas Reduction Fund (GGRF). Several senators raised concerns that the proposal could reduce GGRF revenues, weaken funding for transit, affordable housing, wildfire prevention, drinking water, and other community programs, and shift too much support toward industry. Others stressed the need to protect businesses and consumers from higher costs and to avoid leakage and refinery closures. Senator Cortese’s statement, read into the record, warned that the proposal could jeopardize transportation funding commitments.
CARB Chair Lauren Sanchez said the amendments respond to legislative direction and public comment, and described four main changes: increased electric bill credits, a larger manufacturing decarbonization incentive (MDI), additional compliance support for industry, and removal of post-2030 allowance allocations from the current rulemaking. She said the proposal keeps the cap aligned with 2030 and 2045 targets, maintains affordability protections, and is intended to reduce emissions while minimizing leakage and supporting in-state jobs. CARB staff also said the MDI would have guardrails, require applications and reporting, and be tied to emissions-reducing facility upgrades. The Department of Finance explained that GGRF revenue estimates are highly uncertain and are updated periodically based on auction data.
The Legislative Analyst’s Office said the amendments are significant and could materially affect environmental ambition, industry support, utility credits, and GGRF revenues. LAO highlighted that the MDI could add allowances above the cap, potentially reducing certainty that 2030 targets will be met, and noted that the proposal appears to shift more allowances to industry and fewer to GGRF than current regulations. LAO also said the proposed GGRF estimate of about $8 billion through the decade could be insufficient to fully fund lower-priority tiers of programs. In questioning, senators pressed CARB on whether the proposal would raise consumer costs, whether free allowances or MDI funds would actually lower prices at the pump, how leakage is measured, and whether the Legislature’s budget assumptions would need to be revised before final action. No votes were taken during the hearing; the discussion was informational and focused on questioning CARB and fiscal staff ahead of the board’s planned May 28 consideration of the amendments.
KY
Kentucky 2026 Regular Session
Senate Standing Committee on Banking and Insurance. (2-24-26)
Banking & Insurance
Transcript Highlights:
- The Kentucky fee calculation differs from the federal standards, mainly limiting the amount of discount
- points a consumer can choose to pay to again reduce their interest rate by always including them in
- the total net income calculation.
- <00:02:17.599>
rate pay to again reduce their interest rate pay to again reduce their interest - net income calculation. net income calculation.
Keywords:
Meeting Start 00:00
Call to Order and Roll Call 00:01
Discussion SB 157 00:23
Vote SB 157 05:22
Discussion SB 189 05:57
Vote SB 189 26:49, 958, all
Summary:
The committee first took up Senate Bill 157, which would align Kentucky’s mortgage loan fee rules with federal standards by exempting certain first and second mortgages from the state’s total net income cap when they meet federal points-and-fees thresholds. The sponsor and Rocket Mortgage testified that the bill would make it easier for borrowers to buy down mortgage interest rates with discount points, helping affordability without changing borrower costs, while preserving the existing 4% cap for loans outside the federal standard. Members discussed how rate buydowns work in practice, and the bill passed with a favorable expression after a roll call vote.
The committee then heard Senate Bill 189, as amended by a committee substitute, which would create a licensing and regulatory framework for virtual currency kiosks, or crypto ATMs, in Kentucky. The sponsor described widespread scam losses tied to these kiosks, especially among older adults, and said the bill would add consumer protections such as licensing, financial safeguards, transaction limits, refund or hold requirements, disclosures, receipts, and enforcement authority for the Department of Financial Institutions. He also said the substitute was based on other states’ models and that further changes might be needed, including possible floor amendments.
AARP Kentucky testified in support of regulating crypto kiosks but said the committee substitute weakened consumer protections and urged stronger safeguards, including lower transaction limits, fee caps, identity verification, receipts, and scam warnings. AARP representatives cited data on scam complaints and losses in Kentucky and nationally, and said the point of transfer is the best place to prevent harm. Committee members generally agreed the issue was consumer protection, but one senator cautioned against overregulating personal financial choices and noted that scams exist in many forms. The discussion ended with acknowledgment that the bill would continue to be refined, including in coordination with the House and stakeholder groups.
NH
New Hampshire 2025 Regular Session
House Ways and Means (04/22/2025)
Transcript Highlights:
- calculation. Clear as mud, right? calculation. Clear as mud, right?
- I didn't calculate it that calculate it. I didn't calculate it that low. low. low.
- Chair, to uh calculate the chance, Mr.
- <04:00:05.120>
Ultimately interests. Followup. Ultimately interests. Followup. - revenue per terminal, and then calculate revenue per terminal, and then calculate a<05:09:11.680
Summary:
The committee first took up SB 63, which concerns funding for the division of travel and tourism and its relationship to the meals-and-rooms tax calculation. Members asked for confirmation that the bill would not affect municipal distributions under RSA 78-A:26. Jennifer Ramsey of the Department of Revenue Administration explained that the amendment does not change meals-and-rooms distributions, but instead corrects the calculation for the travel and tourism appropriation by adding back the municipal fund transfer before applying the 3.15% floor. Chris Shay of the Office of the Attorney General agreed with that explanation. The committee also discussed the complexity of the meals-and-rooms statutes and the possibility of a future cleanup effort. The committee then voted 19-0 to recommend SB 63 ought to pass; it will not go on consent because it has a fiscal note.
The committee next considered SB 60, relative to advanced deposit account wagering. Rep. Murphy moved ought to pass, explaining that the bill would regulate advanced deposit wagering on horse racing and impose a 1.25% revenue share on wagers from New Hampshire residents, generating roughly a quarter-million dollars in new lottery revenue in the first year. The motion passed 19-0, and the bill will not go on consent because of its fiscal note. The committee then voted 19-0 to recommend SB 147 ITL, with members noting that live racing facilities are in decline and the market is shrinking. SB 160, which updates raffle ticket pricing and prize limits for bingo-related gaming, also passed ought to pass 19-0 and will not go on consent.
The committee then took up SB 73, which revises coverall bingo rules and increases prize limits. An amendment, 2025-1470H, was offered to raise the total prize amount to $5,000; members supported it as a reasonable compromise, and the amendment was adopted unanimously. The bill as amended then passed ought to pass 19-0, again with a fiscal note preventing consent placement. After those votes, the committee moved into a work session on SB 83, where members began discussing the bill’s video lottery terminal provisions, including the meaning of “maximum wager,” the absence of a cumulative betting cap, and concerns that the bill combines several distinct policy changes—tax treatment, VLT rules, renaming, and a self-exclusion database—into one measure. No vote was taken on SB 83 during the work session, and members indicated they would continue discussion later after reviewing side-by-side materials.
MN
Minnesota 2025 1st Special Session
House Agriculture Finance and Policy Committee 2/10/25
Agriculture Finance and Policy
Transcript Highlights:
- We'll do a little bit of housekeeping and then go on with a couple of interesting presentations we have
- think it's going to be an interesting think it's going to be an interesting year<00:02:51.840>
<00:43:10.800>- Fertilizer application rates and timing are all included in that calculator.
fertilizer stock production calculator fertilizer stock production calculator - <00:50:09.799>
but require a little bit of calculation but require a little bit of calculation
Summary:
The House Agriculture Finance and Policy Committee held an introductory meeting that began with housekeeping, a correction to the committee rules (the room number should be G3, not G35), and member and staff introductions. Members described their districts, agricultural ties, and priorities for the session, including consumer food costs, urban agriculture, farm economics, livestock disease preparedness, and support for Minnesota’s agricultural sectors. No votes were taken during the introductory portion.
The committee then turned to sustainable aviation fuel (SAF). Deputy Commissioner Andrea Veble of the Minnesota Department of Agriculture said the Walz administration strongly supports SAF because of its potential for agriculture, forestry, and clean energy, and reviewed Minnesota’s 2023 SAF tax credit and related sales tax exemption. She said the state has feedstocks and should continue investing so Minnesota can attract SAF production and support rural jobs. Jeff Davidman of Delta Airlines testified that aviation is difficult to decarbonize and that SAF is the airline industry’s main path to net zero by 2050; he cited current use of SAF, the need to scale production, and Minnesota’s role in supplying feedstocks and hosting future production.
Peter Frost of Greater MSP described the Minnesota SAF Hub as a public-private partnership aimed at building the full SAF value chain in Minnesota. He emphasized that Greater MSP is coordinating investors and partners to grow the regional economy and said the SAF effort is intended to create jobs and economic development. Committee members did not ask questions during the portion captured, and no formal action or vote was recorded on the SAF presentations in this transcript excerpt.
WA
Washington 2025-2026 Regular Session
Joint Oregon-Washington Legislative Action Committee Sep 15th, 2025
Joint Oregon-Washington Legislative Action Committee
Transcript Highlights:
- There's not only statewide and regional interest in this program, but national interest in where this
- Regional interest in this program, but national interest in where this program is at.
- And so we calculate our O&M costs.
- And so that value-of-time calculation will go into the calculation of the impacts of the toll rates on
- That value-of-time calculation will go into the calculation of the impacts of the toll rates on the trucking
Summary:
The committee met jointly with the Washington-Oregon Legislative Action Committee for an update on the Interstate 5 Bridge Replacement (IBR) program. Members first adopted the proposed committee rules, then received program updates from staff on environmental review, permitting, design, tribal consultation, and public engagement. Staff said the project remains in the supplemental EIS process, with a final supplemental EIS and amended record of decision expected in early 2026, which would allow construction to begin. They also described ongoing work on Coast Guard navigation clearance, Section 106 historic-property coordination, and architectural guidelines for the bridge and five-mile corridor, emphasizing that the visualizations shown were conceptual and that public and partner feedback has already influenced design considerations such as accessibility and shared-use path connections.
Members raised concerns about schedule delays, rising costs, and whether the project is being designed to be functional, safe, and economical. Staff acknowledged that the timeline has slipped from earlier expectations and said the delay reflects the complexity of the environmental and federal review process, as well as the need to avoid redoing steps. They said the updated cost estimate is being prepared now that design has advanced to roughly 30 percent, and that it will account for inflation, risk factors, and both fixed-span and movable-span options. Staff estimated a movable span would add more than $400 million and said the first construction work after environmental approval would likely be preliminary freeway and retaining-wall work in late 2026, followed by the bridge procurement.
The committee also received funding and tolling updates. Staff reported that major federal grants have been executed, including Mega and Bridge Investment Grant agreements, and that state STIP amendments are advancing to allow access to federal funds. The tolling team described Level 3 traffic-and-revenue work, a bi-state tolling subcommittee process, and possible toll scenarios aimed at supporting either about $1.24 billion or $1.6 billion in toll revenue. Members questioned low-income toll relief timing, truck toll rates, and the effect of tolls on freight users. Staff said low-income discounts are being analyzed for both revenue and operational feasibility, that tribal exemptions and other policy exemptions are under review, and that the commissions expect to move into public outreach on toll rates and policies in 2026, with tolling on the existing bridges currently projected to begin in spring 2027.
OK
Transcript Highlights:
- There's some concerns with, you know, the living wage calculation.
- Um, uh, some key items that may undermine, uh, living wage calculation as well.
- Uh, there's some concerns with, you know, the, the living wage calculation.
- Um uh, some key items that may undermine uh living wage calculation as well.
- I would be interested to hear from you on that. It's a good question.
Summary:
The committee held a study on the potential effects of living wage or minimum wage laws in Oklahoma, with the chair emphasizing that the discussion was not intended to advocate for or against State Question 832. The first panel focused on economic and workforce impacts. An Oklahoma Department of Commerce representative argued that living wage calculations vary by region and household type, that Oklahoma’s average wages are already near or above many living-wage estimates, and that higher mandated wages could lead employers to cut hours, reduce hiring, automate, or avoid expansion, especially in rural areas where childcare, healthcare, broadband, and infrastructure constraints also affect labor participation. Committee members asked about wage distributions, rural cost differences, training pathways, and whether higher wages might draw workers or businesses out of state; the witness said many low-wage workers move up over time and that Oklahoma has seen net in-migration. A State Chamber Research Foundation witness then testified that a $15 statewide wage floor would raise payroll costs substantially, especially for small rural employers, and cited examples from California and Seattle to argue that higher wages can reduce hours, jobs, and benefits while increasing consumer prices. She suggested alternatives such as expanding the state earned income tax credit and promoting upskilling through existing education and training programs.
A Missouri Chamber of Commerce and Industry representative described Missouri’s recent voter-approved minimum wage increase to $13.75, rising to $15, along with paid sick leave provisions. She said the chamber opposed the measure because it would raise business costs, hurt rural communities and youth employment, and force some employers to cut hours, reduce hiring, or close. She cited examples from Missouri businesses facing significant added costs and warned that a future ballot initiative could create a patchwork of local minimum wages. In response to questions, she said Missouri’s law did not distinguish by age or industry, that businesses had raised concerns about union contracts and compliance, and that the chamber viewed the measure as harmful to competitiveness.
Peter Hansen of NFIB presented the final major testimony, summarizing an NFIB study projecting that a higher Oklahoma minimum wage would produce some short-term GDP gains but longer-term losses, with GDP turning negative by the early 2030s and job losses growing over time. He said businesses respond to higher wage mandates by raising prices, trimming jobs, converting full-time positions to part-time, reducing benefits, and shifting investment toward automation or other capital. He argued that the burden falls most heavily on vulnerable workers such as young or marginal employees, who are less likely to be hired when labor costs rise. In questioning, he acknowledged that higher wages can improve pay for some workers and may have some short-term positive effects, but maintained that the long-term employment and investment effects are negative. No votes or formal actions were taken in the meeting.
CA
Transcript Highlights:
- And if you could add, because currently CDPH in their calculations don't include IEPs and their calculations
- So I think it has to do with the way they need to make their calculation.
- You know, it's interesting.
- That is not necessarily in their best interest or the best interest of their child.
- It's interesting.
NM
New Mexico 2026 Regular Session
Senate - Conservation Feb 18th, 2026 at 10:07 am
Senate Conservation
Transcript Highlights:
- You know, that's a calculation whether or not you're, you know, when you're a performer when you're doing
- a performer on a building that's going to be a calculation That you're going to make.
- So, it depends on the level of interest, the types of companies, and part of The, you know, what this
- So, I think we can do some calculations on how much is available And by the way, there is 25 million
- I think it would be interesting for all of us to know. That would be great.
CA
California 2025-2026 Regular Session
Assembly Transportation Committee Aug 25th, 2025
Transcript Highlights:
- And I just did some calculation. We're both driving about 12,000 miles a year on average.
- And I just did some calculation. We're both driving about 12,000 miles a year on average.
- There is no interest or desire to have a new tax that is piled on top of that gas tax.
- I'll go into the highway use fee calculations in a later slide.
- Interesting.
Summary:
The Assembly Transportation Committee first took up three highway naming resolutions on its consent calendar: ACR 109, SCR 78, and SCR 90. The committee approved the consent calendar with 11 aye votes and no no votes, then adjourned the bill-hearing portion. Members also recognized committee science fellow AJ Mendeola for his service, noting his contributions to bill analysis and staff support.
The committee then held an informational hearing on alternatives to the gas tax, focused on the projected decline in fuel-tax revenue and the need for a more sustainable transportation funding model. The chair and invited experts described how inflation, improved fuel efficiency, and growth in electric and other alternative-fuel vehicles are eroding gas-tax revenues. Presenters from the National Conference of State Legislatures and the University of California discussed state options such as higher or indexed gas taxes, EV registration fees, road usage charges, delivery fees, public EV charging fees, transportation network company fees, and managed lanes, emphasizing tradeoffs among revenue adequacy, fairness, administrative cost, and public acceptance.
Committee members raised concerns that mileage-based fees or EV fees could function as new taxes on commuters and lower-income drivers, especially if the gas tax is not repealed. Presenters responded that road usage charges are generally intended as replacements for the gas tax, not additions, and argued that mileage-based systems better preserve the user-pays principle while being less tied to vehicle fuel efficiency. They also noted that flat EV registration fees are easy to administer but can be less equitable because they are not linked to actual road use.
Officials from Hawaii, Utah, and Oregon described their state programs and policy choices. Hawaii said its new road usage charge began July 1, 2025, for EVs, offers a choice between a per-mile charge and a flat annual fee through 2028, and will transition to mandatory EV participation before expanding to all light-duty vehicles by 2033. Utah described its voluntary EV road usage charge program, quarterly reporting, privacy protections, and legislative scenarios for removing the cap or making participation mandatory. Oregon outlined its constitutional cost-responsibility framework and broader transportation funding challenges, including reliance on user fees and limited use of general-fund support.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Education Jun 21st, 2026 at 11:00 am
Joint Committee on Education
Transcript Highlights:
- I brought it to the family's house and asked mom and dad if they were interested in it.
- And it would be interesting if you do have any further information on that, because it would give us
- Do you envision that there would be this same calculation for Chapter 70 dollars for that district, and
- And hopefully we will... would be something calculated outside of Chapter 70 over and above the Chapter
- According to the MIT Living Wage Calculator, ESP salaries fall far below the cost of living in their
Summary:
The Joint Committee on Education held a public hearing on a large slate of bills, with most testimony focused on two main topics: improving access to augmentative and alternative communication (AAC) for students with disabilities, and raising educator pay statewide. On the AAC bills (House 514/Senate 418), parents, advocates, and attorneys described how AAC devices and communication books help nonverbal or minimally verbal children communicate, participate in class, and reduce frustration and behavioral issues. Testimony emphasized that while districts are generally required to provide devices, many teachers and school staff lack training to use them effectively; the bill would direct DESE to update licensure and training requirements so newly licensed teachers are prepared to support AAC users. Committee members asked about current teacher-prep practices, implementation, and whether DESE could act without legislation, and witnesses said the proposal was intended as a long-term solution and had previously received some support and compromise language.
The committee also heard extensive testimony on House 733/Senate 370, which would set a statewide minimum salary of $70,000 for teachers and $55,000 for education support professionals (ESPs/paras), with inflation adjustments and a phase-in structure that would shift costs over time from the state to municipalities. Supporters, including the bill sponsor, MTA leaders, and school employees from several districts, argued that current pay is not a living wage, contributes to staffing shortages and turnover, and forces many educators to work multiple jobs or rely on public assistance. They said the bill would help recruit and retain staff and better reflect the importance of the work. Committee members raised questions about how the state would fund the mandate, how it would interact with Chapter 70 school aid and local budgets, whether other states have similar mechanisms, and whether the proposal could create disincentives for districts already paying above the floor. Witnesses pointed to the Student Opportunity Act, the Fair Share Amendment, and the need for a broader school funding formula review as possible parts of the solution.
The committee also briefly heard and discussed Senate Bill 435/House Bill 736, which would require de-escalation training for school bus operators, with the training paid for by employers. The sponsor and a parent advocate said the bill was prompted by a school bus incident involving a child with cerebral palsy and epilepsy and would improve safety and reduce reliance on law enforcement. Members asked whether the bill should also cover bus monitors and other transportation staff, and whether private contractors and public operators currently provide similar training. At the end of the hearing, the chairs closed testimony on the full list of bills and adjourned the hearing without taking any votes.
NM
New Mexico 2025 Regular Session
IC - Investments and Pensions Oversight Nov 5th, 2025
Investments & Pensions Oversight Committee
Transcript Highlights:
- Did you happen to calculate how much this would be by any chance? We do have calculations.
- It provided calculated amounts for specific suggestions.
- The 1.68% we had to calculate.
- Has everyone signed up who is interested in speaking today?
- It brings up an interesting question.
KY
Kentucky 2025 Regular Session
Government Contract Review Committee (6-10-25)
Transcript Highlights:
- I'm just interested in the or anything.
- Then how close are those rates to the calculated rates?
- Then how close are those rates to the calculated rates?
- Then how close are those rates to the calculated rates?
- <01:21:10.080>
rates calculated rates calculated rates I<01:21:12.239>say <01:21:12.400
Summary:
The committee met with a quorum and first approved the minutes from its May 13 meeting. Members then reviewed a deferred contract with the Kentucky Board of Pharmacy for the Kentucky Pharmacist Recovery Network (KYPRN), a program that provides monitoring and support for pharmacists and pharmacy interns with substance abuse or mental health issues. Board representatives explained that the contract is a long-running arrangement, renewed periodically, with an option for two additional two-year renewals. Senators asked about the program’s structure, participation trends, follow-up, and consequences for noncompliance. The board said enrollment has remained fairly consistent at about 52 participants, with roughly 500 participants over the life of the program, weekly and monthly check-ins during the five-year typical enrollment period, and possible additional sanctions if participants fail to meet obligations. The committee then approved the contract.
The committee next considered a group of economic development contracts, including items from the Cabinet for Economic Development. Secretary Jeff Null and general counsel Matt Wingate testified about contracts tied to regional innovation and entrepreneurship hubs. Members focused on the large differences in funding between regions and pressed for more support for rural and eastern Kentucky. Null said the cabinet is working on a more tailored, non-one-size-fits-all approach, including possible changes to capital support, build-to-suit options, and additional resources for rural areas. He said the hubs have helped 193 startups over the last two years and helped attract nearly $350 million in private capital, and he agreed to provide a written report by hub district on startup viability. The committee approved the economic development contracts.
The Kentucky Lottery Corporation then presented its contracts with vendor IGT for retail and internet sales systems. Lottery officials said the contracts are mission-critical, cover both the traditional retail system and iLottery, and are structured as a percentage of sales so no payment is made until revenue is earned. They described planned equipment upgrades, including refreshed terminals, new ticket checkers, cashless vending and bill acceptors, and connected-play features that would link retail and online wallets. Officials said keeping the same vendor reduces the risk of business disruption and that the arrangement has already produced cost savings. They also said the lottery continues to see year-over-year growth and expects to meet its annual contribution target of $360 million for scholarships and grants. The committee approved the lottery contract after discussion.