Video & Transcript Research : 'rate setting'

Page 42 of 500
FL

Florida 2025 Regular Session

Regulated Industries Mar 12th, 2025

Transcript Highlights:
  • as close as possible to the risk free rate of return and the rate increases which are allowed have to
  • the rates.
  • And so consequently, what they bill asked for is before we asked rate payers to pay an increased rate
  • Fair and equitable rates for everybody.
  • My hope is that they're 12 million rate payers will be given an opportunity to share how the rate increase
Keywords: 999, senate, all
FL

Florida 2026 Regular Session

Appropriations Jun 1st, 2026

Appropriations

Transcript Highlights:
  • We're setting up...
  • The maximum millage rate calculation, or the maximum millage rate, determines what millage rate can be
  • The maximum millage rate calculation or the maximum millage rate determines what millage rate can be
  • The bill aligns the maximum millage rate with the rollback rate.
  • This sets a baseline for a rollback rate as being that baseline.
Summary: The Committee on Appropriations took up SJR 2-F, the proposed constitutional amendment on property tax relief, which would reduce assessment growth on non-homestead property, expand homestead exemptions, create a new exemption for new homesteaders, and direct counties, cities, and school districts to use property tax revenues for specified core services. Senator Avila presented the measure as the governor’s plan to provide historic relief and argued that local governments should tighten budgets and prioritize core functions. Senators raised concerns about the lack of fiscal scoring, the breadth and ambiguity of the permitted uses, the effect on special districts and local services, and whether the proposal would shift costs to fees or other taxes. The committee adopted several amendments, including Avila’s amendment clarifying that ad valorem revenues could be used for county and municipal operations and administration and other expenditures not prohibited by law, and Trumbull’s amendment removing school board ad valorem taxes from the proposal. Other amendments failed, including proposals to allow user fees and non-ad valorem assessments, add a sunset, redirect tourism development taxes, narrow the small-business provision, and change the ballot title to reference local service reductions. Grall’s amendment removing the constitutional trust fund requirement was adopted, while the committee also rejected Berman’s title-change amendment and Smith’s sunset and tourism-tax amendments. The committee then returned to the bill as amended for questions, including extended debate over whether the proposal would affect noncitizen residents, the impact on local government finances, and whether local governments would respond with higher fees or special assessments. The meeting ended with the bill still under discussion after the final round of questions, with Avila saying he would continue working with the governor’s office on the language before the next vote.
MN

Minnesota 2025 1st Special Session

Human services panel hears HF729 2/26/25

Minnesota House Floor Meeting

Transcript Highlights:
  • through 7 establish a reimbursement rate through 7 establish a reimbursement rate for<00:04:43.400
  • Section 8 of the bill adjusts the medical assistance reimbursement rate for a specific set of home care
  • Section 8 of the bill adjusts the medical assistance reimbursement rate for a specific set of home care
  • medical assistance reimbursement rates that we receive.
  • some additional there's a blank rate some additional there's a blank rate increase<00:21:14.240>
Keywords: 1183, house
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Financial Services Jun 21st, 2026 at 10:00 am

Joint Committee on Financial Services

Transcript Highlights:
  • and one of the highest vaginal birth after C-section, or VBAC, rates in the state.
  • That's not the way our health system is set up.
  • And this has been an ongoing challenge doulas report experiencing in many settings.
  • preterm birth rates, and wide and growing birth disparities.
  • preterm birth rates, and wide and growing birth disparities. rising C-section and preterm birth rates
Keywords: 995, all
Summary: The Joint Committee on Financial Services held a lengthy public hearing with testimony on a wide range of health insurance and access-to-care bills. Early testimony focused on prescription drug pricing and pharmacy reimbursement, with supporters of H. 1326 arguing that pharmacy benefit managers and MassHealth managed care arrangements reimburse independent pharmacies too little, contributing to pharmacy closures and “pharmacy deserts.” The committee also heard repeated support for H. 1151/S. 742 on cognitive rehabilitation for acquired brain injury, H. 1288/S. 716 on telehealth parity for nutrition counseling, H. 1309/S. 761 on full-spectrum pregnancy care without cost-sharing, H. 1312 on insurance coverage for doula services, H. 309 on prompt access to health care by removing deductibles for certain services, H. 809/H. 1227 on biomarker testing, H. 1162/S. 810 on reducing inequities in access to medical procedures by limiting insurer cuts tied to Modifier 25, and S. 726 on insurance coverage for mobile integrated health. Testifiers included legislators, physicians, pharmacists, dietitians, emergency and rehabilitation clinicians, and patients and family members. Supporters of the brain injury bill said cognitive rehabilitation is medically necessary, improves long-term outcomes, and can reduce institutional care and public costs; they noted the bill has been heard repeatedly and has support from the Brain Injury Commission and prior favorable committee action. Supporters of the pregnancy care and doula bills described out-of-pocket costs as a barrier to maternal health and shared personal stories of high bills and unmet support needs. Biomarker testing advocates and cancer patients said coverage gaps deny patients access to precision treatment, can lead to avoidable suffering, and should be standardized across insurers; several speakers said insurers often deny claims despite clinical benefit. Dermatology witnesses said insurers’ use of Modifier 25 cuts reimbursement for same-day evaluation and procedure visits, forcing separate appointments and increasing patient burden. Mobile integrated health supporters described home-based care as a way to reduce emergency department use and hospital readmissions, especially for patients with transportation or mobility barriers. No votes or formal committee actions were taken during the hearing itself.
NM

New Mexico 2025 Regular Session

IC - New Mexico Finance Authority Oversight Aug 11th, 2025

New Mexico Finance Authority Oversight Committee

Transcript Highlights:
  • Floating interest rate bonds, sometimes called variable rate demand obligations, have an interest rate
  • We get ratings from Standard & Poor’s and Moody’s; we are triple-A rated, the highest rating by S&P for
  • Because the risk is, and this has happened, We were setting interest rates like this, and then interest
  • And when rates go down from where they borrow their money to where the rates are, if rates have gone
  • Can you tell me why the State rate is lower than the NMFA rate?
AR

Arkansas 2026 Regular Session

ALC-ADMINISTRATIVE RULES Jan 15th, 2026

ALC-ADMINISTRATIVE RULES

Transcript Highlights:
  • So the 9-1 date is related to the rate page.
  • So the 9-1 date is related to the rate page.
  • the $100 million Medicaid set aside.
  • So at any rate, I cannot say that they have not done rate reviews.
  • One is the rate increase.
Summary: The Administrative Rules Subcommittee of the Arkansas Legislative Council reviewed several agency rules and requests. The Insurance Department’s amendment to its holding company system rule was reviewed and approved, as were two State Board of Election Commissioners rules: one clarifying poll watcher conduct, vote challenges, and provisional voting, and another increasing pay for certified election monitors and defining training, observation, and report-writing compensation. The Arkansas Financial Education Commission also had its rule reviewed and approved after removing membership requirements tied to DEI language to comply with Act 938. The committee held over the Department of Education’s request to be excluded from reporting requirements for one month to allow further discussion about who should write or implement the rules. A major portion of the meeting focused on the Department of Human Services’ request to be excluded from reporting requirements for Acts 567, 568, 967, and 1025. DHS said CMS had raised comparability and other federal approval concerns, especially for the dental and diagnostic lab provisions, and that it might not be able to meet the acts’ effective dates. DHS described several possible paths forward, including broader benefit changes, waivers, or splitting the dental provisions so the pediatric rate increase could move separately from the special-needs adult cap increase. The Arkansas State Dental Association disputed DHS’s conclusion that the acts could not be implemented as written, argued that Act 1025 is workable, and urged DHS to continue pursuing implementation and preserve the September 1 effective date where possible. Public testimony also supported expanded dental access for adults with disabilities and special needs. After discussion, the committee voted not to exclude DHS from reporting requirements for those acts. The committee then reviewed the Division of Higher Education’s Act 781 report. The division said it has 32 rules in effect, asked to repeal three rules—two replaced by new rules and one no longer supported by authority or current law—and to continue the remaining 29 rules. The committee approved that request, with the repeals effective upon adjournment of the Legislative Council meeting on January 16, 2026. The meeting concluded with no questions on the remaining written rulemaking updates from prior and current sessions, which were filed without further action.
TX

Texas 89th Regular

Appropriations May 8th, 2025

Appropriations

Transcript Highlights:
  • agencies and how they rate us.
  • The rating agencies use a wide range of factors.
  • Lowering, yeah, I made a few lower rates.
  • We've set aside a smaller percent of it, just for consideration.
  • So most states don't. have a nice reserve set aside.
Bills: SJR4, SJR 4
NH
Transcript Highlights:
  • certain specific set of things here. certain specific set of things here.
  • care companies set the rates with the care companies set the rates with the community<01:05:27.599
  • So the first rate not in parenthesis is the rate of the primary care FTE provider.
  • rate.
  • . setting. setting.
Keywords: 928, house, all
Summary: The committee first handled roll call and approved the prior meeting minutes. Members discussed attendance and substitutions, then moved to the DHS commissioner’s update, which focused on New Hampshire’s Medicaid 1115 waiver and the new community re-entry initiative for people leaving correctional facilities. The presenter explained that the waiver lets the state cover certain services not normally covered under Medicaid, including substance use disorder treatment, serious mental illness services, adult dental benefits, and the new community re-entry component. She also noted that a separate youth re-entry component is federally required, with youth defined up to age 21 and foster-care-related coverage extending to age 26. The update described how the adult re-entry program works for incarcerated individuals with behavioral health needs, providing up to 45 days of pre-release services, care coordination with managed care organizations and DOC staff, telemedicine assessments, discharge prescriptions, insurance cards, and connections to community mental health, primary care, and substance use providers. For youth, the program includes more intensive case management, 30 days of pre-release services, and 30 days of post-release care coordination, with a stronger emphasis on screening, diagnosis, and holistic assessment. The presenter said New Hampshire received the adult waiver in July 2024, has implemented the program in state correctional facilities, and is beginning work at the youth center. Members and the presenter discussed why the program is structured as a waiver rather than a standard Medicaid benefit, with the explanation that CMS is allowing this as a newer policy area and that states generally pursue waivers for certain services. The chair and others emphasized the need for real cost and outcome data, and the presenter said an independent evaluator and evaluation plan are required under the 1115 waiver. Early results cited included 30 adults enrolled so far, 10 released, five youth enrolled with one released, and anecdotal early successes such as housing, employment, and better continuity of medication and treatment. The committee did not take any additional votes or formal actions beyond approving the minutes.
MA
Transcript Highlights:
  • It is a state-specific rate of payment operations.
  • They don't go through the third-party setting rates.
  • Those third-party rates are set so that the Bank of Frankfurt knows a transaction swiped in Boston for
  • the rates.
  • the rates.
Keywords: 995, all
Summary: The Special Commission on the future of payments and sales transactions by credit card heard extensive testimony from credit union, banking, retail, restaurant, and payments-industry representatives about proposals to limit interchange fees, especially on the tax and tip portions of transactions. Several witnesses opposed state-level restrictions, arguing they would create a patchwork of rules, burden state-chartered institutions, raise compliance complexity, and ultimately reduce resources for fraud prevention, cybersecurity, rewards, and access to credit. Others, including retail and merchant advocates, said swipe fees are a significant and growing cost for small businesses and that states should consider reforms such as limiting fees on taxes and tips, allowing surcharging, improving transparency in merchant contracts, and studying collection costs more closely. Witnesses also discussed recent legal and regulatory developments, including Illinois’s interchange-fee law, OCC and NCUA interim rules, and the ongoing Visa/Mastercard antitrust settlement. Industry representatives said the Illinois law has been delayed and is likely preempted for most transactions, while merchant advocates argued the state efforts and court rulings show that networks and banks do not set fees competitively. The proposed antitrust settlement was described by some as a meaningful but limited merchant victory, with temporary fee reductions and expanded surcharge/steering rights, while others said it still falls short of structural reform. The commission members pressed witnesses on the practical effects of fees, the cost of cash, whether merchants can pass costs through, and whether small businesses are actually seeing benefits from the current system. Members repeatedly emphasized the need for a fair middle ground that protects both small businesses and the payment system. No substantive votes or policy actions were taken beyond accepting testimony, and the meeting ended with adjournment after all scheduled witnesses had spoken.
NM

New Mexico 2026 Regular Session

Senate - Education Feb 11th, 2026 at 09:06 am

Senate Education

Transcript Highlights:
  • Neither institution meets that graduation rate, and that graduation rate, by the way, is... ...neither
  • So we set it in line with that.
  • rate also in 2023.
  • meets that graduation rate.
  • So we set it in line with that.
Bills: SB234, SB210, SB243, SB244, SM16, HB8
FL

Florida 2026 Regular Session

Finance and Tax Dec 3rd, 2025

Finance and Tax

Transcript Highlights:
  • We don't set millage rates. We don't have any involvement in that.
  • We don't set millage rates. We don't have any involvement in that.
  • lower the tax rate, it affects everybody equally.
  • What's the rollback rate?
  • It talks about the rollback rate.
Summary: The Committee on Finance and Tax met with a quorum present and heard a presentation from the Property Appraisers Association of Florida on ad valorem valuation, exemptions, and the property tax process. Lauren Levy reviewed the legal and historical framework of Florida property taxation, including Save Our Homes, the 10% cap on non-homestead assessments, portability, tangible personal property exemptions, TRIM notices, and the distinction between taxable value and millage rates. He emphasized that property appraisers are independent constitutional officers who assess just value, administer exemptions, and are overseen by the Department of Revenue, with values and exemptions generally determined as of January 1 and subject to challenge through the Value Adjustment Board or circuit court. Mike Twitty described the mass appraisal process in Pinellas County, explaining how property appraisers value large numbers of parcels using the same core approaches as fee appraisals but with statistical testing, field reviews, aerial imagery, and technology. He discussed the importance of budget, staffing, and the January 1 valuation date, and noted that recent hurricanes caused significant damage, increased petitions, and required new procedures to help property owners with value reductions and FEMA-related issues. Paul Polk focused on Department of Revenue oversight, explaining sales ratio studies, uniformity measures such as COD and PRD, time adjustments, sales qualification reviews, and in-depth studies that can lead to corrective action if assessment standards are not met. He also noted that the Department reviews property appraiser budgets to preserve independence from county pressure. Senators asked about the supersized homestead concept, DOR review and rejection standards, value trends, and the impact of storms and new construction on taxable value. Twitty and Polk said value growth has been driven by a mix of new construction, market appreciation, cap resets, and storm-related adjustments, while noting that some counties saw market value decline even as taxable value rose. They also said some property tax relief proposals would be easier to implement than others depending on how local tax bills are structured, especially where law enforcement millage is separately identified. No votes were taken on legislation, and the committee adjourned after the presentation.
CA
Transcript Highlights:
  • want to request that the CPUC submit a report to the legislature within 15 days after finalizing a rate-setting
  • The PUC forecasts that in 2030, residential rates will be higher than the rate of inflation.
  • And the rates keep coming. In 2024 alone, the big three IOUs raised their rates multiple times.
  • But if we can set bold goals for the environment, if we can set bold goals for anything else we want
  • The transmission access charge, or TAC, is a component in the rates set by the Federal Energy Regulatory
Summary: The committee first heard AB 13, which would restructure the CPUC to increase legislative oversight, add legislative liaisons, require more detailed and timely reporting on rate-setting decisions, and add a public advocate member. The author and supporters argued the bill would improve transparency, accountability, and geographic diversity in CPUC decision-making amid rising utility rates. Witnesses from TURN, San Joaquin County, SDG&E, and former CPUC Commissioner Loretta Lynch offered support or support-in-principle, while no opposition testimony was presented. Members generally praised the bill’s transparency goals, and AB 13 passed 10-0 to Appropriations, with the roll left open for absent members. The committee then adopted the 2025-2026 committee rules and approved three consent items: AB 61, AB 365, and AB 406. The next bill, AB 99, would cap investor-owned utility rate increases above inflation except for specified costs such as safety, modernization, and fuel/commodity costs. The author and supporters, including a representative of the California Senior Legislature, said the bill was needed to protect ratepayers, especially seniors and low-income customers, from repeated rate hikes. Opposition came from utility labor, utilities, the Chamber of Commerce, and others, who argued the bill was too simplistic, could suppress labor costs, and did not account for major cost drivers such as wildfire mitigation, mandates, and net metering. Several members supported moving the bill forward as a starting point on affordability, while others criticized it as overly blunt. AB 99 passed 11-0 to Appropriations, with the roll left open. The hearing then shifted to an informational panel on strategies to reduce California transmission costs. A Public Advocates Office staffer described a growing backlog of approved-but-unbuilt transmission projects, rising transmission access charges, and long project timelines driven largely by utility pre-application and construction periods. Panelists from Net Zero California and consulting firms presented research suggesting that public financing or public-private partnership lease models could reduce transmission costs by lowering financing, tax, and capital costs, with estimated savings of up to 57% and as much as $123 billion over 40 years. PG&E’s representative said the utility is already pursuing federal loan guarantees, grants, and a public-private partnership with Citizens Energy, but warned that state ownership could create tax, wildfire-liability, and governance risks. Members asked about the CPUC’s role, the causes of delays, and whether public financing could complement existing competitive solicitation processes.
FL

Florida 2025 Regular Session

January 15, 2025 - 03:30 PM

Transcript Highlights:
  • As a result, the actuarial indicators that we had used in that space to set the rates for consumers were
  • And so we saw, in that instance, rates go up.
  • That will be rate cases, rate setting, earnings review for electric and gas.
  • That will be rate cases, rate setting, earnings review for electric and gas and wastewater utilities.
  • The statutory maximum allowable fees are set by statute, set by the legislature, as it were, while the
Summary: The State Administration Budget Subcommittee met for an introductory overview of the agencies under its jurisdiction and their current-year budgets. Chair Vicki Lopez welcomed members and staff, and each member briefly introduced themselves and identified areas of interest, with recurring themes including fiscal restraint, insurance regulation, revenue administration, condominium issues, and government efficiency. The chair then outlined the subcommittee’s overall budget, about $3.1 billion, and noted major recent policy areas affecting the budget such as condominium legislation and emergency communications funding. Agency heads then presented high-level summaries of their missions and budgets. The Department of Revenue described property tax oversight, tax administration, and child support enforcement; the Department of Management Services reviewed state purchasing, telecommunications, fleet, state insurance, retirement, and digital services; DBPR highlighted licensing, enforcement, condominiums, and building code work; DFS covered insurance consumer services, risk management, unclaimed property, fire marshal functions, and criminal investigations; the Gaming Control Commission discussed pari-mutuel and tribal gaming oversight and enforcement; OIR explained insurer solvency and rate review; the Lottery emphasized education funding and record sales; OFR described regulation of banking, securities, lending, and money services; DOAH outlined administrative and workers’ compensation adjudication; PSC covered utility rate regulation and consumer complaints; PERC described labor relations and career service appeals; and FCHR summarized discrimination complaint investigations and outreach. Several members asked questions about utility returns, insurance regulation staffing, DMS’s state employee health plan deficit and prescription drug formulary management, agency recommendations for reducing regulatory burden, and state facilities usage. Responses generally emphasized that utility rates and insurer filings are determined through evidentiary and actuarial processes, that OIR has reduced vacancies but still seeks specialized staff and a Tampa office expansion, and that DMS acknowledged rising health plan costs and said the issue likely requires broader budget-level discussion. The chair also pressed multiple presenters to stay focused on agency operations and budgets rather than broader policy issues. No votes or formal actions were taken in the meeting.
NH

New Hampshire 2026 Regular Session

Senate Energy and Natural Resources (03/10/2026)

Energy and Natural Resources

Transcript Highlights:
  • to set its policies. to set its policies.
  • Do the utilities rate their bonds themselves, or do the rating agencies rate those bonds like they do
  • The rating agencies rate the bonds based on the quality of the bond.
  • The rating agencies rate the bonds based on the quality of the bond.
  • The rating agencies rate the bonds based on the quality of the bond.
Keywords: 1191, senate, all
MN

Minnesota 2025 1st Special Session

House DFL Press Conference 3/27/25

Transcript Highlights:
  • These factors will be used by insurance companies to set rates, determine premium costs, and decide who
  • <00:03:02.400> in in 2024 auto insurance rates in in 2024 auto insurance rates in Minnesota
  • <00:04:55.280> rates used by insurance companies to set rates used by insurance companies
  • to set rates determine<00:04:56.240> premium<00:04:56.720> costs<00:04:57.080> and
  • disproportionately these higher rates disproportionately these higher rates are<00:18:46.760>
Keywords: 1183, house
OR
Transcript Highlights:
  • Wonderful set up here.
  • So that's, in short, how we're set up.
  • essentially subsidize the rate?
  • That rate for that is market. We're going through bond sale right now, or bond ratings.
  • Our bond rating right now is AA+, so it's a pretty good rating. But we also package those loans.
Summary: The task force met to focus on funding systems and incentive structures for a proposed regional waste infrastructure effort, including how a future WIPA framework might support solid waste planning in the Willamette Valley. Staff and members heard presentations from DEQ on the Clean Water State Revolving Fund, from Business Oregon on the Special Public Works Fund, and from Oregon State Treasury on state bonding capacity and the bond issuance process. Presenters explained how their programs are structured, how projects are scored or approved, what kinds of public entities and projects are eligible, and how interagency coordination and co-funding can work. DEQ emphasized that its revolving loan fund is driven by water-quality benefits and public-health criteria, while Business Oregon described a broader infrastructure loan program for public entities with no scoring system, and Treasury outlined the state’s debt-capacity process and the differences between general obligation and lottery bonds. Members used the presentations to discuss whether similar funding tools could support solid waste infrastructure, especially for transfer stations, regional hubs, and related facilities that may need to be built before Coffin Butte reaches the end of its lifespan. Several questions centered on whether public-private partnerships could qualify, whether equipment inside facilities could be financed, how repayment would work, and whether planning costs could be covered. DEQ and Business Oregon both said they could potentially collaborate on scoring or co-funding, but noted eligibility limits and the need for public ownership in many cases. Treasury said bond capacity is limited and competitive, especially for lottery bonds, and that project authorization generally runs on a two-year cycle, though unused authority can sometimes be reauthorized. In task force discussion, members debated whether the group should pursue a dedicated funding lane for the seven-county region rather than having local governments compete with other statewide needs. Some members stressed the importance of criteria to avoid stranded assets and to ensure funding is available when projects are ready, while others raised concerns about how cities and counties would generate revenue to repay debt during construction and early operations. The group also discussed flow control, system fees, and the need for regional collaboration among counties, cities, and haulers to create enough waste volume to support new infrastructure. Staff noted that pre-session filing materials for the legislature are due September 11, and the chair said the August meeting will focus on organizational structure and identifying partners. During public comment, Representative Kevin Mannix submitted written testimony supporting the WIPA concept and urging the task force to endorse it. Commissioner Bubba King of Yamhill County urged the task force to compare alternatives objectively and warned against adding bureaucracy before evaluating existing infrastructure and costs. Commissioners Kevin Cameron and Roger Nyquist of Marion and Linn counties described regional hub-and-spoke concepts, transfer stations, and intermodal options, emphasizing the need for planning, strategic siting, and collaboration with haulers and local governments.
CA

California 2025-2026 Regular Session

Assembly Budget Committee Jun 25th, 2025

Transcript Highlights:
  • So the intent was to make sure that the wages that are set are higher than market rates.
  • For 60% of those workers, the rate of $36 applies, and for 100% of those workers, the rate of $24 per
  • Yeah, the intent of that is to set floors for market-rate development that don't exist currently and
  • We have agreed, but prevailing wage is the lower rate. That is the agreed-upon rate.
  • Setting a two-...
Summary: The Assembly Budget Committee held an informational hearing on the final three-party budget agreement and related trailer bills, with the Department of Finance outlining the major budget bill and omnibus measures. Finance described a package built around balancing the state budget amid economic uncertainty, preserving core health and safety-net programs, and making significant ongoing reductions in some state programs. The budget bill included major items such as shifting $1 billion from the General Fund to the Greenhouse Gas Reduction Fund for Cal Fire, funding universal transitional kindergarten, deferring some UC and CSU funding, supporting foster care and homelessness programs, providing Proposition 36 implementation funding, and achieving Medi-Cal savings through changes to benefits and eligibility. The committee also heard that votes on the budget bills were expected later in the week and the following Monday. Finance then walked through the trailer bills, including health, human services, early learning, education, resources, energy, transportation, labor, housing, tax, public safety, courts, general government, cannabis, and energy-related measures. Notable provisions included a Medi-Cal enrollment freeze for certain adults, new premiums and benefit changes for some immigrants, child care COLA changes, education funding for literacy, teacher support, universal meals, and community college student support, as well as resource and climate measures affecting Cal Fire staffing and energy permitting. The housing trailer bill drew the most discussion, with provisions on CEQA streamlining, a vehicle miles traveled mitigation banking program, a renters’ credit trigger, and a six-year moratorium on new residential building standards. Members also discussed a film tax credit expansion, cannabis enforcement funding, a tribal police pilot program, and changes to tax policy, including military retirement income exclusions and wildfire settlement payment exclusions. Committee members largely praised the staff and the budget process, but several raised concerns and asked detailed questions, especially about the housing trailer bill’s new wage standards, tribal consultation provisions, and possible effects on prevailing wage protections. Finance explained that the housing language was intended to set wage floors for market-rate projects receiving CEQA streamlining, with different county-based tiers and a notwithstanding clause preserving existing prevailing wage laws. Members also questioned the size and timing of funding for the Children and Youth Behavioral Health Initiative, Clean Cars for All, Proposition 36, and the film tax credit expansion. Other members highlighted support for public safety, veterans’ tax relief, child care providers, housing production, and higher education, while some expressed concern that the budget’s policy changes were being negotiated too quickly or without enough stakeholder input.
MN

Minnesota 2025-2026 Regular Session

February State Budget and Economic Forecast - 03/06/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • Here we show the federal funds rate and the 30-year fixed mortgage rate.
  • The federal funds rate and other interest rates like the 30-year fixed mortgage rate are closely but
  • mortgage rates and other long-term rates mortgage rates and other long-term rates also<00:13:58.199
  • or delayed lowering of rates.
  • to their target rate of 2%.
Keywords: 1187, senate, all
TX

Texas 89th Regular

Pensions, Investments & Financial Services Mar 3rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • It's called a camel's rating, and the best rating is a one. The worst rating is a 5.
  • It's rated 3, 4, or 5.
  • Now, obviously, a 3-rated bank is not as bad as a 5-rated bank. operated back, but we still consider
  • same level as the state. rate.
  • And obviously, Senate. that Bill 2 was set for hearing, and once a bill is set for hearing, that's when
Keywords: 1184, house, all
MN

Minnesota 2025-2026 Regular Session

House Human Services Finance and Policy Committee 2/19/25

Human Services Finance and Policy

Transcript Highlights:
  • So what happens is that that capitation rate is set. CMS pays that rate.
  • /c><00:04:57.479> that capitation rate is set CMS pays that capitation rate is set CMS pays that
  • answer questions about about rate answer questions about about rate setting<00:30:53.720> and
  • <00:52:16.040> think<00:52:16.280> they the rate setting um and I think they the rate
  • around Medicaid rate setting um and um around Medicaid rate setting um and um what<00:52:23.000>
Keywords: 1183, house