Video & Transcript Research : 'interest calculation'
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WA
Washington 2025-2026 Regular Session
Senate Housing Sep 16th, 2025
Transcript Highlights:
- To do that, we looked at the same calculation any developer is making.
- They love the calculator, which I'll be showing in just a moment, because they're...
- It might be interesting to look into it. Yeah.
- There's at least one bank that's interested in financing for us right now.
- Now, mostly you all are interested in the way that we provide affordable housing.
Summary:
The Senate Housing Committee heard presentations on a range of housing finance, permitting, and affordability tools. Chattanooga described its affordable housing PILOT program, which uses a per-unit property tax abatement tied to the rent loss from providing affordable units, with a 15-year term and annual compliance monitoring. Committee members asked about the program’s structure, whether it had been used elsewhere, and who was participating; the presenter said the first mixed-income project would bring 278 units with 42 affordable units and that the model was attracting private market-rate developers. Shoreline then described its MFTE and inclusionary zoning approach, emphasizing that longer tax exemption periods and station-area zoning changes had helped spur development, with most current pipeline projects concentrated near light rail stations.
The committee also heard from the Municipal Research Services Center and the Department of Commerce on tax increment financing, proportional impact fees, and permit timelines. Commerce explained that TIF can fund public improvements such as roads, utilities, broadband, and some affordable housing or child care facilities, while proportional impact fee guidance is intended to help jurisdictions charge fees more closely aligned with actual project impacts. On permit timelines, Commerce presented its first annual report under recent law changes, using 2024 as a baseline year and noting that reported timelines were generally longer than statutory goals; members asked about outliers, paper versus electronic processing, and whether back-and-forth between applicants and staff was driving delays. Commerce said it would follow up with more data, including on CHIP funding and permit reform practices.
Several local governments then shared permitting process improvements. Auburn reported relatively short review cycles and described its move to fully electronic permitting, internal performance standards, and a stock plan program that speeds review for repeated home designs. Bellevue described an AI permitting pilot with a local startup to help with pre-application questions, document triage, and plan review, aiming to reduce incomplete applications and revision cycles. Seattle presented a pilot for accessory dwelling unit co-development in which a mission-driven partner would help homeowners split lots, finance, build, and manage ADUs, with the homeowner eventually buying out the partner and retaining ownership; committee members asked about rent setting, management fees, and default risk, and staff said they would follow up. The committee also heard brief overviews of community land trusts and limited equity cooperatives as permanent affordability models, with presenters urging continued state and local funding support and policy recognition for these approaches.
FL
Florida 2025 Regular Session
October 8, 2025 - 03:00 PM
Transcript Highlights:
- The department revised its 3rd calculation and began distributing fefp funds to school district.
- Based upon that calculation, the February 2025 Fte survey was also completed.
- However, the department did not do a 4th calculation of the fefp rather.
- So the calculations as the second and 3rd conference calculation, which is the first and that sets the
- We're actually calculated for purposes of the 3 year outlook for the fefp.
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.
NM
New Mexico 2025 Regular Session
IC - Legislative Health and Human Services Sep 11th, 2025
Legislative Health & Human Services Committee
Transcript Highlights:
- I think there's interest there, but it needs to be institutional interest.
- We've certainly had interest from UNM.
- We may be interested that Dr.
- So, Madam Chair, that is part of the calculation.
- It's just interesting. How do we know? We can maybe...
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Public Service Jun 21st, 2026 at 01:00 pm
Joint Committee on Public Service
Transcript Highlights:
- I have spoken with Senate legal counsel, who confirmed there was no conflict of interest.
- I have spoken with Senate legal counsel, who confirmed there was no conflict of interest with me voting
- the full actuarial assumed interest rate, while the cost to buy Section 4 service purchases are calculated
- using buyback interest, or one-half of the actuarial assumed interest rate.
- One-half of the actuarial assumed interest rate.
Summary:
The committee heard testimony on several public service and retirement-related bills. Senator Kelly Dooner and Rep. O’Rourke supported a Taunton home rule petition to extend Chief Walsh’s service during the city’s transition to a new public safety facility, citing the need to manage new equipment, cameras, and 911 systems smoothly. Senator Lovely testified in favor of bills expanding retirement savings access through the SMART Plan and the CORE Plan, arguing that automatic enrollment and broader eligibility would help state, municipal, and nonprofit workers save for retirement. No questions were raised on the Taunton petition, and the hearing later moved through the remaining testimony without any votes taken during the transcript.
Mary Waldron of the Old Colony Planning Council and Jeffrey Walker of the Southeast Regional Planning and Economic Development District urged support for legislation protecting regional planning agencies from being required to make retroactive payments to the State Retirement Board for past employer contributions. They warned that the costs would be unsustainable, could force layoffs or closures, and would jeopardize their ability to provide transportation, housing, economic development, and planning services. Bill Keith and Patrick Charles of PEREC testified on several retirement administration bills, including measures to ease statement-of-financial-interest filing rules, require payment for certain creditable service purchases, and clarify the definition of wages to include sick, vacation, and personal time; committee members asked questions about regional transit authorities joining retirement systems and about adding local retirement board representation to a proposed commission.
Jonathan Osimo and Rob Fabino of the Massachusetts Teachers Retirement System supported bills to penalize delinquent pension reporting by employers and to create a special commission to study retirement credit purchases, saying better reporting would improve retirement processing and that a broader review could improve fairness and sustainability. Eddie Boynton of the Braintree Education Association backed the SMART Plan bill, describing how automatic enrollment and low-fee fiduciary oversight could protect educators from high-cost supplemental retirement products. Matthew Nugent testified for a bill to divest public pension funds from firearms and ammunition. After the final witnesses, the chairs asked if anyone else wished to testify, heard none, and then adjourned the hearing.
NM
New Mexico 2026 Regular Session
House - Government, Elections And Indian Affairs Feb 13th, 2026 at 08:39 am
House Government, Elections & Indian Affairs
Transcript Highlights:
- For investor-owned electric utilities that elect to calculate the benefit of... ...efficiency resources
- for investor-owned electric utilities that elect to calculate the benefit of avoided utility greenhouse
- That change will allow us to support the bill, and it's really just a common-sense change to calculate
- the utilities do a calculation.
- To many of the business interests that are sort of wrapped up in potential work and business interests
TX
Transcript Highlights:
- Currently, the cap is calculated as an amount not to exceed 10%.
- revenue deposited during the previous biennium, excluding revenue sources from investment income, interest
- So $50 billion calculation is actually revenues.
- So if it were calculated based on that, it would yield a different, a much smaller number.
- It's actually less than that because we're counting federal sources of revenue into that calculation,
Bills:
SJR 4
WA
Washington 2025-2026 Regular Session
Joint Legislative-Executive Committee on Budget Transparency and Fiscal Sustainability Jul 20th, 2026
Joint Legislative-Executive Committee on Budget Transparency and Fiscal Sustainability
Transcript Highlights:
- I know I'm interested in helping more members of the committee as well as members of the public observing
- Hey, I echo some of those previous sentiments, but I'm interested to see what the Pew Charitable Trusts
- I hear a lot of indications that we're all interested in getting to a place where we can agree on the
- So it'll be interesting to bring that to this committee and support it, support the process.
- I think it might be best, since there is a lot of committee interest in this, for us to follow up...”
Summary:
The committee held its first meeting, with co-chairs and members introducing themselves and staff outlining the committee’s statutory mandate under the 2025-27 supplemental operating budget. Staff explained that the Joint Legislative-Executive Committee on Budget Transparency and Fiscal Sustainability will receive technical assistance from a nonpartisan organization, with work split into two phases: first on revenue growth, spending assumptions, and cost drivers in the four-year outlook, and later on staffing, overhead, performance management, and public reporting. Members broadly said they hoped the committee would build a shared factual understanding of the state’s fiscal situation, structural deficits, and budget processes, and identify a sustainable path forward for the operating budget.
Staff then gave a detailed presentation on operating budget basics. They reviewed the size and composition of the operating budget, noting that most spending is concentrated in grants/client services and salaries/benefits, with K-12, DSHS, HCA, DCYF, DOC, and higher education making up most NGFO spending. They explained the distinction between constitutional, federal, statutory, and discretionary spending, using examples such as K-12, Medicaid, collective bargaining agreements, court-driven obligations like McCleary and Trueblood, and one-time appropriations. They also walked through how the state uses incremental budgeting, carry-forward and maintenance-level calculations, caseload and per-capita forecasting, and the four-year balanced budget outlook, including reserve calculations and the budget stabilization account.
Members asked extensive questions about what is and is not included in the outlook, especially future collective bargaining agreements, health care and compensation growth, tort and other liabilities, and whether the state could better distinguish mandatory from discretionary spending. Staff explained that current CBAs and other already-enacted obligations are included, but future CBAs are not; some liabilities are reflected as expenditures when appropriated, while broader long-term liabilities are not fully captured in the outlook because they depend on future policy choices. Staff also noted that the legislature and ERFC can adopt assumptions such as reversions and growth factors, and that an outlook accuracy report is produced every five years to compare projected and actual maintenance-level spending. The committee agreed to follow up on some of the more complex liability and assumption questions.
After a short break, Josh Goodman of the Pew Charitable Trusts began a presentation on Pew’s role and approach to state fiscal sustainability. He described Pew as a nonpartisan organization with long-standing state fiscal research, emphasizing its 50-state comparative data, interviews with state officials and experts, and focus on long-term sustainability, reserve policies, and recession preparedness. The presentation was ongoing when the transcript ended.
CA
California 2025-2026 Regular Session
Assembly Water, Parks, and Wildlife Committee Mar 11th, 2025
Transcript Highlights:
- Interesting and informative. Welcome, Assembly Member Gonzalez. How's that?
- Interesting and informative. Welcome, Assembly Member Gonzalez. Thank you. You want me to sit here?
- And the way most of the time it's calculated is: what's the probability of an event?
- By our calculations back then, the current need to invest is about $1.4 billion.
- But flood risk reduction funding for other interests outside the Central Valley is important.
Summary:
The committee held an informational hearing on flood risk and flood management in California, with opening remarks emphasizing that flooding is a statewide and growing threat due to climate change, including the possibility of extreme losses in a worst-case event. Members noted recent flooding in places such as San Diego, the Tulare Basin, and Pajaro, and framed the hearing as a way to better understand prevention, response, and how to capture excess water for later use.
Jeffrey Mount of PPIC gave the main overview, describing California’s high flood exposure, the different flood types the state faces, and the mix of structural and non-structural tools used to manage them. He stressed that levees, dams, bypasses, land-use planning, flood insurance, and emergency response all matter, but that risk is rising because current standards are based on past hydrology rather than future climate conditions. He also warned that flood management is underfunded, that the National Flood Insurance Program is weak, and that federal support is increasingly uncertain. Members asked about groundwater recharge, permitting, NOAA and federal cuts, and which communities are most at risk; Mount said recharge can help but does not eliminate flood risk, and that small Central Valley communities and heavily developed floodplains are especially concerning.
State officials Laura Hollander of the Department of Water Resources and Jane Dolan of the Central Valley Flood Protection Board described the state’s role in forecasting, emergency response, grants, planning, and the Central Valley Flood Protection Plan. They highlighted aging infrastructure, the need for better coordination, and the state’s special liability in the Central Valley after the Paterno decision. Dolan reviewed the history of major floods and said the plan calls for about $1 billion per year over 30 years to meet current needs, while Hollander said the state works with local and federal partners on preparedness, response, and subventions projects. Both emphasized that floodplain planning, regional coordination, and faster permitting are important, but that more consistent funding is needed.
A later panel from local flood agencies and districts reinforced those points, arguing that the state’s annual flood funding is below identified needs and that a proposed statewide flood and dam safety bond was reduced substantially in the broader climate bond package. Witnesses urged more routine maintenance funding, support for regional flood planning, and continued federal-state-local partnerships to reduce risk and maintain eligibility for federal assistance. No formal votes or legislative actions were taken during the informational hearing.
KY
Kentucky 2025 Regular Session
Budget Review Subcommittee on Education (8-20-25)
Transcript Highlights:
- going to be the area of most interest going to be the area of most interest for<00:04:52.720>
- . calculation. calculation.
- areas of interest for high school<00:33:57.200>
students. - But this is a program that we have seen an increase in interest in.
- Um, we also are looking to do a cost-of-living calculator for Kentucky.
Summary:
The Interim Joint Budget Review Subcommittee on Education met and approved the July 15, 2025 minutes before hearing a presentation from the Kentucky Higher Education Assistance Authority (KHEAA/KIA) on student financial aid ahead of the January biennial budget session. KHEAA outlined its role administering 17 state-funded grant and scholarship programs, 529 plans, and outreach services, and emphasized that net lottery proceeds after a $3 million literacy appropriation are statutorily dedicated to student aid. The agency focused on the major need-based programs—College Access Program (CAP), Kentucky Tuition Grant (KTG), and KEES—along with dual credit, Work Ready Kentucky, teacher scholarship, and National Guard tuition assistance. Officials said the new federal FAFSA methodology created a major increase in eligible students, especially for CAP, and thanked lawmakers for adding substantial funding this biennium to meet the higher demand.
Staff explained that CAP is for Pell-eligible, low-income students, while KTG is a need-based grant for students at private Kentucky colleges; both use FAFSA data, but schools verify final eligibility. They said CAP awards are first-come, first-served and that the higher funding level allowed the program to last the full 21-month application cycle in FY 2024-2025, compared with much shorter periods in earlier years. KHEAA reported about $232 million spent on CAP for roughly 72,000 students last year, with current applications running about 10% ahead of the prior year. Members asked about the difference between applicants and recipients, the effect of lower lottery revenues, and whether recent federal legislation would affect state aid; KHEAA said it does not expect major impacts on grants and scholarships, though student loan changes could affect graduate students.
The committee also discussed KEES and dual credit. KHEAA said KEES has been fully funded since its creation and that its forecast was within $76,000 of actual need last year. For dual credit, staff said a recent bill consolidated work-ready dual credit and career/technical education under one scholarship program, and KHEAA will seek growth funding because participation and costs continue to rise. The agency said FY 2025 dual credit spending reached $26.4 million across dual credit and work-ready funding, requiring transfers from Work Ready Kentucky to keep dual credit fully funded. Members asked about transferability of dual credit hours and whether the program reduces later college costs; KHEAA said it does not have hard data on every credit transfer, but it does see higher bachelor’s completion rates and lower student debt, suggesting positive effects. No votes were taken beyond approving the minutes.
NH
New Hampshire 2025 Regular Session
Senate Health and Human Services (01/15/2025)
Health and Human Services
Transcript Highlights:
- I've expressed interest in working with the Department on this bill to ensure the state does not enact
- I've expressed interest in working with the Department on this bill to ensure the state does not enact
- It's very difficult, and you know what's interesting?
- <01:14:08.520>
I <01:14:08.639>looked and you know what's interesting I looked and - they're permitted that's interesting they're permitted that's interesting thank thank thank you<
NH
New Hampshire 2026 Regular Session
House Education Policy and Administration (01/30/2026)
Education Policy and Administration
Transcript Highlights:
- And to calculate ranges from 30 to 60%.
- 04:05:02.720>
the <04:05:03.600>public calculating that out for the public calculating - So now we're going to do that calculation.
- So now we're going to do that calculation.
- We would calculate their rank Bristol.
Summary:
The committee first heard HB 1334, which would remove the Education Freedom Account scholarship organization’s authority to approve “any other educational expense” under the EFA statute. The prime sponsor, Representative Porchelli, said the bill would narrow the law to the specifically listed qualifying expenses, avoid broad interpretation, and shift any questions to the Department of Education or the legislative oversight committee. In response to questions, she said she did not think the open-ended category had been needed and that the statute already clearly lists allowable expenses. A representative of the Children’s Scholarship Fund testified in opposition, saying the category is used rarely but is important for unusual cases, especially students with special needs, and that removing it could create unintended consequences. After testimony, the chair closed the hearing on HB 1334.
The committee then heard HB 1513, which would move several EFA reporting and oversight requirements from administrative rules and the contract with the Children’s Scholarship Fund into statute. Representative Porchelli said the bill would consolidate existing requirements on timely responses to oversight requests, publication of expense reports by category and provider, and transmission of eligibility and enrollment data to the Department of Education. She described the bill as mostly a clarification and transparency measure rather than a substantive policy change. Members asked about the meaning of “timely access,” the 45-day deadline, whether the contract already covered these duties, and whether the scholarship organization had ever failed to comply. The Children’s Scholarship Fund said it had generally met the 45-day deadline, had not knowingly refused information requests, and that the quarterly reporting requirement could add cost; the sponsor said the DOE had provided guidance and was neutral. The hearing on HB 1513 was then closed.
Finally, the committee heard HB 1256, which would repeal the state librarian’s authority to award scholarships for graduate library school attendance at American Library Association-accredited schools. Representative Drago said the law was unnecessary because the state does not currently have a state librarian, scholarships are not typically granted by statute, and he objected to the ALA accreditation requirement and what he described as the association’s political advocacy. In questions, he clarified that the bill targets the accreditation requirement rather than a specific school and said he did not think the state should direct taxpayer-funded scholarships toward ALA-accredited programs. A member raised First Amendment concerns, but the sponsor said the issue was not speech itself, only the use of taxpayer dollars and state law to support that direction. The transcript cuts off before any vote or final action on HB 1256.
MN
Transcript Highlights:
- Uh, previously that was a forecasted rate that was calculated annually.
- Uh, previously that was a forecasted rate that was calculated annually.
- Uh, previously that was a forecasted rate that was calculated annually.
- Uh, previously that was a forecasted rate that was calculated annually.
- forecasted rate that was calculated forecasted rate that was calculated annually.<00:15:56.959><
Bills:
HF9
Keywords:
energy policy, renewable energy standard, carbon-free standard, solar standard, hydroelectric, hydropower, electric utility, Public Utilities Commission, PUC, renewable portfolio standard, carbon capture and sequestration, CCS, greenhouse gas emissions, climate policy, nuclear power plant, certificate of need, fossil fuel plant demolition, utility compliance delay, beneficial electrification, sales tax exemption
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Energy and Telecommunications - 05/13/2026
Energy And Telecommunications
Transcript Highlights:
- We have a relative to this committee, short but interesting set of bills.
- How would, if it's municipally owned, how would the revenue be calculated? Thank you.
- So that's the calculation that is done, but it cannot be more than $25,000 for the penalty per each day
- Yeah, that's how the penalty would be calculated. But what about the municipal revenue?
- How is that calculated? They have to submit annual income statements to the PSC. Okay, thanks.
Summary:
The Senate Energy and Telecommunications Committee, chaired by Senator Kevin Parker, met to consider a series of energy, utility, housing, and labor-related bills. The committee discussed Senator Parker’s clean hydrogen bill authorizing NYSERDA to administer programs to fund clean hydrogen projects, with members debating how it would be financed through NYSERDA’s system benefit charge and RGGI funds and whether there should be a fiscal estimate. Despite concerns from some members about cost transparency and the use of ratepayer-supported funds, the bill advanced to the Finance Committee with three without-recommendation votes. The committee also advanced Senator Parker’s bill directing NYSERDA to study hydrogen feasibility, Senator Gonzalez’s Green Affordable Pre-Electrification Program bill, Senator Hinchey’s natural carbon sequestration research program bill, Senator Gineris’s bill increasing penalties for utility annual report failures, Senator Comrie’s EV charging fee transparency bill, and Senator Parker’s battery energy storage workforce and labor standards bill. Senator Comrie’s outage hotline bill moved to third reading, while Senator Parker’s renewable hydrogen center program bill advanced despite a technical objection that a deadline in the bill had already passed, and the battery storage bill was referred to the Labor Committee.
Several bills drew specific concerns. On the outage hotline bill, members questioned whether small municipal electric and water systems should be exempted rather than required to petition for an exemption, and one member said they would not support the bill without a carve-out. On the annual report penalty bill, members asked about the lack of documentation for the penalty increase and whether municipal utilities would be affected; the sponsor explained the penalty was updated from a 1900-era statute to reflect inflation and that municipal utilities file with the PSC. On the EV charging transparency bill, a member suggested the bill should also require credit card payment options, not just prohibit mobile-device-only payment. On the battery storage labor bill, members asked whether remote operations would count as on-site work and whether out-of-state remote monitoring would be covered; the sponsor said that was the intent and would follow up with labor counsel on residency questions. The committee concluded by adjourning after moving the listed bills forward.
ND
Transcript Highlights:
- But an interesting, interesting dynamic for sure. Representative Nelson. Thank you, Mr. Chairman.
- There's a principal amount of about $13.4 million, and there's accrued interest.
- This was based on a rough interest calculation through the end of September 2025.
- We also have an interesting dynamic in terms of... Applicants.
- So there's no order in terms of the calculations.
Summary:
The Budget Section met to approve prior minutes and receive a series of budget, revenue, and program updates from OMB, the Tax Department, DOT, DMR, and DPI. OMB reported that general fund revenues through May were about $76 million below the legislative forecast, driven mainly by individual income tax and sales tax shortfalls, though the biennium is still projected to end with a positive balance. OMB also reviewed oil price and production assumptions, the budget stabilization fund transfer above its cap, Legacy Fund performance, federal grant applications, fiscal irregularities, tobacco settlement proceeds, budget guidelines for agencies, vacancy savings, and the DAPL settlement, noting that most of the settlement funds had been deposited but a small amount of accrued interest would require a future deficiency request.
The committee then considered Emergency Commission requests. It approved requests for Public Service Commission abandoned mine lands federal authority, an Attorney General FTE and related funding for criminal investigator work tied to the Office of Guardianship and Conservatorship, and a DPI transfer for bridge software costs. After discussion, the committee also approved DPI’s request for a $500,000 transfer for the food vendor program, despite questions about the program’s savings and cash-flow structure. Later, the Tax Commissioner presented the primary residence credit program, reporting that current biennium costs are expected to exceed the appropriation by about $22 million and explaining how the credit interacts with homestead and disabled veteran credits and the 3% property tax levy cap.
The Legacy and Budget Stabilization Fund Advisory Board reported strong returns for both funds, and DOT sought and received approval for two flexible fund highway projects on ND 49 and ND 31. DOT also updated members on Highway 85 construction and said remaining flex fund dollars were essentially fully allocated. DMR reported on the abandoned well plugging and site reclamation fund, noting North Dakota’s relatively small orphan well inventory, current and projected fund balances, rising remediation costs, and a possible need to adjust the fund cap in future sessions. Finally, DPI outlined the new integrated formula gap funding program, explaining that it compensates school districts that cannot reach the assumed 60-mill local contribution because of the 3% levy cap; the first year’s gap funding totaled about $1.8 million, with future costs expected to grow.
ND
North Dakota 2026 1st Special Session
Higher Education Institutions Committee Jan 15th, 2026 at 08:30 am
Transcript Highlights:
- campus if you're interested in that.
- I know it's not exactly same way of calculating it, but this is. same way of calculating it, but this
- I think it's interesting.
- That's interesting.
- That's interesting.
Summary:
The committee first reviewed the 2024-25 tuition waiver report for the North Dakota University System. Staff explained that waivers were reported for degree-seeking students and broken out by residency, institution, and waiver type. Members asked about partial versus full waivers, institutional discretion, athletic waivers, and whether campuses have published guardrails or transparency requirements. Staff said most waivers are set by institutions, with some statutory and board-required categories, and that athletic waivers are a small share of total waiver dollars. The report showed total gross tuition of $354.5 million, tuition waived of $38.9 million, and 11,193 of 42,040 students receiving some waiver. Members also discussed how waivers affect net tuition revenue, housing and food collections, and whether campuses are using waivers strategically compared with scholarships and other funding sources.
The committee then heard a presentation on tuition rates by campus and State Board policy. Staff explained the board’s tuition factors for resident, Minnesota reciprocity, contiguous-state/U.S. nonresident, and international students, and noted that campuses often seek exceptions based on program-specific competition and enrollment goals. Members asked whether rates are based on cost or competition, and staff said campuses typically bring forward estimates and market comparisons when requesting special rates. The presentation also reviewed general fund appropriations versus net tuition revenue by campus, and members discussed how local tuition decisions and waivers do not directly affect the state funding formula, though they do affect institutional revenue and reserves. Questions were also raised about the Higher Learning Commission’s financial composite indicator and how it differs from the more intuitive reserve and revenue figures.
The committee next received a broad overview of non-higher-education entities affiliated with the State Board of Higher Education, beginning with NDSU agriculture-related units. Dr. Greg Lardy described the State Board of Agricultural Research and Education, the NDSU Extension Service, the Agricultural Experiment Station, and the branch research centers, emphasizing their statewide role in crop and livestock research, extension education, and county-based outreach. He outlined funding mixes for extension, the experiment station, and branch stations, noting that grants and contracts support both research and education, while the agronomy seed farm is self-funded through seed sales. Members asked about the new and vacant FTE pool, R1 research status, matching requirements for grants, and whether state appropriations count toward research expenditures. Dr. Lardy also highlighted major research impacts, including crop varieties, virtual fencing, AI-assisted weed control, and NDAWN weather data.
The Northern Crops Institute and the Upper Great Plains Transportation Institute also presented. NCI described its role in market development, technical services, and education for regional agriculture, its governance through the Northern Crops Council, and its funding from state appropriations, other states, and earned revenue. Members asked about the source of out-of-state funding, intellectual property, and the institute’s international reach. UGPTI then outlined its transportation research, federal and state funding structure, and work on road and bridge condition assessments, travel demand modeling, and workforce training. No votes were taken during the portion of the meeting reflected in the transcript.
AZ
Transcript Highlights:
- So I would assume that's the reason that there would be an interest in removing that penalty if there's
- I certainly do not want a taxpayer to ever have to pay interest on a $25 fee from a few years ago.
- I certainly do not want a taxpayer to ever have to pay interest on a $25 fee from a few years ago.
- The market value of those facilities is $12.2 billion, according to their calculations.
- The market value of those facilities is $12.2 billion, according to their calculations.
Bills:
HB2016, HB2104, HB2105, HB2174, HB2256, HB2289, HB2477, HB2903, HB2939, HB2979, HB2996, HB4103
Keywords:
tax penalties, filing, tax returns, administration, Arizona Revised Statutes, agricultural property, classification, county assessor, property inspection, appeal process, property tax, agricultural classification, Department of Revenue, property valuation, inspection notice, inspection report, on-site inspection, full cash value, rural land, farm land
MN
Transcript Highlights:
- calculation and accountability system. calculation and accountability system.
- And if that's through a formal mechanism, I think that could be really interesting.
- Um but I could be really interesting.
- Uh, in the interest of time, let's move on to the proposal submitted by Miss Winship.
- Uh in the interest of time, >> All right.
Summary:
The Seclusion Working Group approved the minutes from its previous meeting by motion and vote. Members then began discussing a set of proposed recommendations submitted by Woodward, Havman, and Hull aimed at addressing concerns about the use of seclusion in special education settings.
The recommendations focused on several areas: requiring a mental health professional on the IEP team before seclusion is added to a student’s plan; replacing passive parental consent with explicit written consent in the parent’s native language; limiting seclusion to students receiving setting 3 or setting 4 services; requiring annual review of seclusion frequency and duration data by the IEP team; and creating stronger monitoring and accountability through a reporting system modeled on Minnesota’s existing disproportionality process. The group also proposed mandatory annual staff training, more preventive crisis-intervention supports such as CPI and Ukeru, direct funding and technical assistance for districts, and incorporating restraint/seclusion data into disproportionality calculations.
Members discussed how the proposed accountability system might work in practice, including whether a third party or parent reporting mechanism should be added. Woodward explained Minnesota’s current disproportionality framework, including year 1, year 2, and year 3 notifications and the possibility of required coordinated early intervening services if problems persist. Participants also raised concerns about whether schools should track law-enforcement involvement as an alternative or related response to student behavior; some noted that such data is already collected in certain district reporting systems and could be useful to monitor alongside seclusion data. The discussion remained ongoing, with no final action taken on the recommendations during this portion of the meeting.
VT
Vermont 2025-2026 Regular Session
Senate Session - 2026-04-17 - 11:30AM
Vermont Senate Floor Meeting
Transcript Highlights:
- >> H.410, an act relating to the >> H.410, an act relating to the calculation<00:11:26.120
- >
of <00:11:26.280>recidivism <00:11:27.040>and <00:11:27.240>other calculation - of recidivism and other calculation of recidivism and other related<00:11:28.080>
criminology - It balances interests.
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balances <00:15:11.600>interests.
VT
Transcript Highlights:
- Public comments were also filed jointly by the Vermont Public Interest Research Group, the Vermont Natural
- The expanded list meets the PUC's needs for personnel to calculate the decommissioning fees, which are
- Section 5 requires the PUC to report back to us on the formula they've developed for calculating the
- <00:09:03.120>
the for personnel to calculate the for personnel to calculate the decommissioning - <00:10:30.080>
the developed for calculating the developed for calculating the decommissioning
Summary:
The House took up two committee of conference reports. On House Bill 639, relating to genetic data privacy, members suspended the rules for immediate consideration and adopted the conference report. The conference compromise settled a dispute over cure periods by allowing a 30-day cure period for business activities of genetic data privacy businesses, effective January 1, 2027, with the cure period lasting 18 months and then repealing on June 30, 2028. A House member explained the House had sought a narrower cure period than the Senate, and the final report was adopted by voice vote.
The House then suspended the rules to take up House Bill 710, relating to defining electricity generating facilities, and also adopted that conference report by voice vote. The bill updates the definition of a “single plant” to focus on facilities using the same point of interconnection, clarifies the change is not retroactive and applies only to new permit and certificate applications, and adds a Department of Public Service report on farmland conversion to solar by January 15, 2027. It also expands Public Utility Commission hiring authority for complex renewable energy cases, creates a decommissioning fund for abandoned clean energy facilities, requires the PUC to report on the decommissioning fee formula, and sets an effective date of July 1, 2026. The conference committee reported unanimous support.
After the two reports were adopted, the House stood at ease, then returned briefly for announcements. Members offered remarks thanking the Speaker for her service after news she would not run again, invited members to view an end-of-year legislative slideshow, and wished a member from Randolph a happy birthday. The House then adjourned until the next day at 10:00 a.m.