Video & Transcript Research : 'interest calculation'
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MN
Minnesota 2025-2026 Regular Session
House State Government Finance and Policy Committee 4/1/25
State Government Finance and Policy
Transcript Highlights:
- But as far as a cost increase, we won't know that yet; we're calculating it right now.
- But as far as a cost increase, we won't know that yet; we're calculating it right now.
- But as far as a cost increase, we won't know that yet; we're calculating it right now.
- Um, members, in the interest of time, we've got bills still here.
- <00:42:28.440>
of okay uh um members in the interest of okay uh um members in the interest
Keywords:
HF627, fiscal note, fiscal notes, Minnesota Legislature, state government, committee procedure, ranking minority member, minority party, standing committee, Ways and Means, Finance Committee, legislative process, budget analysis, fiscal impact, Minnesota Statutes 3.98, committee chair, legislative transparency, HF474, Hubert H. Humphrey, Henry Mower Rice
MN
Minnesota 2025-2026 Regular Session
Tax Expenditure Review Commission annual report 2/26/26
Minnesota House Floor Meeting
Transcript Highlights:
- um a calculation of a revenue<00:03:52.720>
neutral <00:03:53.040>rate <00:03:53.360> <00:28:28.720>- Representative Weiner said he had a couple of comments that he found interesting.
- Representative Weiner said he had a couple of comments he found interesting.
- interesting interesting [clears throat]<00:21:20.720>
was <00:21:21.600>in <00:21:21.840tax interest in arrangement where tax interest in arrangement where tax expenditure
TX
Transcript Highlights:
- Anyone interested in submitting written testimony during the hearing, please submit 13 copies to our
- If members are interested, I'd be happy to share how school systems like Houston ISD have leveraged this
- I would say that when it comes to the accountability system, the way that we calculate letter grades
- During those two years, you also have to calculate hypothetical what-if ratings so everybody's clear
- CTE in middle school, for public information purposes, but not as part of the core A through F calculations
AR
Arkansas 2026 1st Special Session
EDUCATION COMMITTEE - SENATE AND HOUSE Mar 10th, 2026
Transcript Highlights:
- These are calculated by the Division of Elementary and Secondary Education.
- Again, these are calculated by the Division of Elementary and Secondary Education.
- That's what you were interested in as well.
- It's kind of interesting.
- But I'd be very interested in anything we can find out to help.
Summary:
The House/Joint Education committee continued its adequacy study with a Bureau of Legislative Research presentation on resource allocation, focusing first on matrix spending and then non-matrix spending. Staff explained the methodology for mapping APSCN expenditure data to matrix lines, reviewed district and school categories used in the analysis, and highlighted key findings: foundation funding covered a large share of matrix costs but total spending on matrix items exceeded foundation funding, with classroom teachers making up the largest share. Members asked for additional breakdowns on waivers, superintendent survey responses, trend data, and spending by district type, size, and rural/urban status. Staff also noted limitations in tracking two matrix lines—salary enhancement for other employees and all personnel health insurance—because of coding and definition issues.
The committee then reviewed non-matrix expenditures, including instructional aides, facilities, school safety, mental health, dyslexia services, gifted and talented, and career and technical education. Staff reported that non-matrix spending remained above $2 billion over the last three years, with most of it coming from other funds rather than foundation funding. Members raised concerns about dyslexia identification and funding, mental health needs, school safety, food service, athletic transportation, and whether some items should be added to the matrix. The Department of Education clarified that the building fund reflects district-held funds for construction and maintenance projects, while the facilities partnership program is a separate state process for approved projects.
In the final discussion, staff summarized total spending as more than $15,800 per student in 2025, with about 69% going to matrix resources and 31% to non-matrix resources. The chair explained the adequacy process and the committee’s role in setting future funding recommendations, and members discussed the recommendations worksheet included in the binder. The chair then proposed postponing the remainder of Part Two of the presentation until a May meeting after the fiscal session, along with inviting the Department of Education back for more detailed questions; with no objections, the committee adjourned.
MS
Mississippi 2026 Regular Session
Accountability, Efficiency, Transparency - Room 210, 3 March, 2026; 2:30 P.M.
Accountability, Efficiency, Transparency
Transcript Highlights:
- <00:14:09.480>
and clarify wage reduction calculations and clarify wage reduction calculations - They would disclose conflicts of interest.
- They would disclose conflicts<00:20:19.760>
of <00:20:19.880>interest. - <00:20:20.320>
They <00:20:20.480>would conflicts of interest. - They would conflicts of interest.
Summary:
The committee first took up House Bill 1596, which Senator Johnson explained as a companion to another crypto-kiosk bill. He said the measure was being used to open the code and remove new kiosk language temporarily while lawmakers work on a regulatory framework for crypto kiosks, which are being used in scams involving callers posing as law enforcement and directing victims to deposit cash into kiosks. Members discussed the lack of reporting and registration data, the estimated number of kiosks in the state, and whether regulation might require identification and registration of the devices. The committee adopted the motion for title sufficient, do pass as amended, and reported the bill out.
The committee then considered House Bill 859, which would eliminate the in-person absentee voting envelope while keeping the 45-day in-person absentee voting period and existing excuse requirements. Senator England said voters would still complete an affidavit and cast the ballot directly into an OMR machine, and he noted that circuit clerks preferred this version. The committee asked a few clarifying questions and then passed the bill, reporting it out.
Next was House Bill 925, the CLEAR Act, which Senator McMahan described as a revised PEER-related bill that had been worked on with the governor’s office after a prior veto. He outlined provisions creating a PEER review program for agency rules, Medicaid transportation evaluations, a State Board of Health Professions, changes to the corporation work initiative program, and PEER subpoena and enforcement language. An amendment was adopted to delete the subpoena-related sections that had raised constitutional concerns and to retain the reverse repealer. After questions about the advisory role of the new board, the committee passed the bill as amended.
The committee also heard House Bill 1171, a strike-all that Senator Sparks said would mirror a Senate bill on grant transparency. The measure would require clearer grant objectives, objective eligibility criteria, disclosure of conflicts and board relationships, reporting by grantees and subgrantees, and signed documentation under penalty of perjury with CPA review. Members asked about enforcement, and Senator Sparks said improper reporting could lead to loss of funds, audits, and possible criminal consequences. The committee adopted the strike-all and reported the bill out. Finally, the committee considered House Bill 1393, which would create an energy development fund at the Mississippi Development Authority for long-term infrastructure planning tied to large industrial energy users. Members asked whether the fund would cover water resources as well as electricity; the sponsor said it was intended for energy infrastructure, not water, and was aimed at large industrial projects such as steel mills. The committee adopted the strike-all and moved to report the bill out.
TX
Transcript Highlights:
- Or have not yet been calculated.
- Temper, uh, noticed, if taxes had not been calculated, you provide a letter from the appraisal district
- we would still have the power to come and create that district if we believed it was in the best interest
- Uh, but what's interesting is we actually got reached out from some other counties asking us to please
- So I think in general there's a lot of interest.
NH
New Hampshire 2026 Regular Session
House Commerce and Consumer Affairs (04/16/2026)
Commerce and Consumer Affairs
Transcript Highlights:
- There's a calculation that goes into that.
- I’m very interested in this.
- I'm very interested >> live on the coast. I'm very interested in<01:04:02.960>
this. - that you guys have some interesting that you guys have some interesting techniques<01:46:11.360>
- the per member per month calculation. the per member per month calculation.
Summary:
The committee held a public hearing on Senate Bill 562, which would create a home damage mitigation and resilience grant program aimed at helping homeowners make property improvements that could reduce insurance costs and non-renewals. Commissioner DJ Bettencourt of the New Hampshire Insurance Department explained that the program is modeled in part on Alabama’s safer homes program, but tailored for New Hampshire hazards such as floods, microbursts, heavy snow, ice, and falling trees. He said the grants would be limited to primary residences, subject to a means test, capped at $10,000, and intended to help homeowners make targeted improvements such as roof fortification or tree removal that could improve underwriting outcomes and lead to premium discounts.
Bettencourt said the program would not use state taxpayer funds and would instead rely on philanthropic donations, possible federal or regional housing-bank funding, and other outside sources. He said the department would not need new staff, and that a current position could be reconfigured to help administer the program part-time. Committee members asked about the funding language, the meaning of “loans” in the bill, whether there were any other states using a similar no-state-funds model, and how many homeowners could be helped. Bettencourt said Rhode Island and Connecticut were moving forward in a similar way, and that the number of beneficiaries would depend on how much money is raised.
Members also questioned how the grant program would actually lower premiums, whether savings would apply only to participants or more broadly, and how the IBHS evaluation process would work. Bettencourt and department staff said the direct benefit would be to the homeowner whose property is improved, though neighbors could also benefit in some cases. They explained that IBHS is a building-safety organization that certifies contractors and inspectors and that its standards can qualify homes for insurer discounts. Questions were also raised about confidentiality provisions, first-come-first-served grant awards, rollover of unused applications, and possible tax treatment of donations. The sponsor said those details would be addressed through rulemaking or existing tax rules, and no vote was taken during the hearing.
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Mar 24th, 2026 at 09:30 am
Oklahoma Senate Floor Meeting
Transcript Highlights:
- We ordered this in your order of interest, so we know you want to hear from me last, but I'll go first
- This is to reconcile the access to dollars that were calculated for a teacher pay raise and allowing
- appropriates, but then the state department, who does have access to that information, is able to calculate
- It's the fiscal impact that is kind of interesting, where we're raising salaries but it's not costing
- Number one, as I Teacher retirement is hard to say because if you want this pay raise to be calculated
Bills:
SJR47, SB1491, SB1579, SB1806, SB1552, SB483, SB63, SB137, SB346, SB514, SB1344, SB1360, SB1380, SB1437, SB1189, SB1217, SB1221, SB1262, SB1272, SB1325, SB1339, SB201
Keywords:
voter ID, elections, constitutional amendment, Oklahoma, proof of identity, presidential electors, vacancies, oath of office, political party, property tax, valuation increase, taxpayer rights, homestead, protest process, foster care, adoption assistance, transitioning youth, Department of Human Services, voluntary services, county home rule charter
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Monday, February 10, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- determining elig calculations when determining elig ibility<04:08:43.960>
for <04:08:44.960> Trump's vengeful and self-interested Trump's vengeful and self-interested destruction<05:08:58.280- :21:03.319>
SDR <04:21:04.279>was and the interest rate of the SDR was and the interest- Our foreign policy and financial institutions should advance our interest, not undermine them.
- :21:03.319>
- <05:36:43.760>
excludes in the annum calculation excludes in the annum calculation excludes
MN
Transcript Highlights:
- So in 2023, uh, it was adjusted and the Roth IRA distributions were not part of the calculation for household
- <00:02:19.840>
for not part of the calculation for not part of the calculation for household - <00:02:32.239>
of <00:02:32.440>household part of the calculation of household part - Um, it would be interesting if the department could, um, parse that just for information.
- 2025 and I think it's an interesting 2025 and I think it's an interesting statistic<00:36:37.960
TX
Transcript Highlights:
- I think affordable housing is something that we're all concerned and interested in.
- Another interesting fact about me: my husband and I make our living building houses.
- Another interesting fact about me, my husband and I make our living building houses.
- I personally am very interested in exploring ways to waive certain ones, fees.
- No, in the interest of time, but I would like to visit with... You have a question?
Summary:
The committee first took up House Bill 5695, which would create the Sayers Ranch Municipal Utility District in Bastrop County between Elgin and Bastrop. Representative Gurdis said Bastrop County commissioners unanimously supported the district. There was no public testimony, the bill was left pending, and later reported favorably to the full House on an 8-0 vote.
The main debate centered on Senate Bill 291, which would require condemning entities to pay landowner attorney’s fees if they fail to provide 10 years of appraisal reports with an initial offer in an eminent domain case. Supporters, including Rita Beving and Charles Maley, argued the bill would add an enforcement mechanism and better protect landowners in a process they described as intimidating and lopsided. Opponents, including Tom Zabel and Lisa Kaufman, said current law already provides a remedy through abatement and attorney’s fees under Section 21.047 of the Property Code, and warned the bill could create inconsistency, delay public infrastructure projects, and increase costs. The bill was left pending.
The committee also heard House Bill 5699, a simple MUD boundary change in Harris County Municipal Utility District No. 405 that would allow a tract to leave one district and join another. Representative Schofield said the landowner and district agreed to the change and to pay the tract’s share of debt. The committee substitute was adopted and the bill was reported favorably on an 8-0 vote.
Later, the committee considered House Bill 5489, which would impose a four-year moratorium on impact fees. Representative Dyson framed it as an “active study” to test whether impact fees raise housing costs. College Station officials and other opponents argued impact fees help fund infrastructure for growth and that local governments should retain control; supporters said the fees are regressive and add to housing prices. The bill was left pending. The committee then heard Senate Bill 292, which would update the Landowner Bill of Rights to add information on surveys, require separate offers for property not sought in condemnation, and require the rights document to be delivered with the initial offer. Supporters said it would improve transparency and fill gaps in the current document, while opponents said it was unnecessary because the law already exists and warned against revisiting a 2021 compromise. The transcript ends during that discussion.
ND
North Dakota 2026 1st Special Session
Employee Benefits Programs Committee May 7th, 2026 at 10:00 am
Employee Benefits Programs Committee
Transcript Highlights:
- And when you calculate the comp ratio, you can do it for a given individual.
- Yeah, that was specifically just to the comp ratio calculation.
- Since the comp ratio calculation is based upon the salary range, and we only assign salary ranges to
- But because of the dynamics of the organization and the market, and in the interest of keeping costs
- But because of the dynamics of the organization of the market and in the interest of keeping the, you
ND
North Dakota 2025-2026 Regular Session
Employee Benefits Programs Committee May 7th, 2026
Transcript Highlights:
- And when you calculate the comp ratio, you can do it for a given individual.
- Yeah, that was specifically just to the comp ratio calculation.
- Since the comp ratio calculation is based upon the salary range, and we only assign salary ranges to
- But because of the dynamics of the organization and the market, and in the interest of keeping costs
- But because of the dynamics of the organization of the market and in the interest of keeping the, you
Summary:
The Employee Benefits Committee met to approve prior minutes, hear presentations on state employee health insurance, compensation, leave, and related policy issues, and then recess for lunch. PERS reviewed the history and structure of the state health plan, noting the long-standing state-paid family coverage, cost-control measures, wellness incentives, the current grandfathered PPO and high-deductible options, and the effects of recent benefit mandates such as insulin caps, prosthetic coverage, medication management, prescription copay changes, and ambulance balance-billing limits. Committee members questioned the fiscal impact of adding benefits and the possible cost of moving to a non-grandfathered plan, while PERS and HRMS emphasized that health insurance remains the top-ranked employee benefit and that any major plan changes should be considered carefully. HRMS also presented compensation comparisons showing state pay generally below private-market benchmarks, discussed targeted market equity adjustments, identified ongoing recruitment and retention concerns in fields like nursing, IT, engineering, and attorneys, and reviewed leave policies, tuition reimbursement, and family leave comparisons with neighboring states. Job Service provided labor market data showing low unemployment, high labor force participation, and wage growth that still trails some neighboring markets, and OMB explained that prevailing wage requirements apply to federally funded projects under Davis-Bacon, not to ordinary state contracts.
After lunch, the committee took up the required process for health insurance mandate bills and adopted an amendment to Joint Rule 211. The amendment clarified that the deadline for submitting mandate measures is intended to allow time for all required reports, including both the cost-benefit analysis and any Employee Benefits Committee actuarial report, while leaving the existing deadline unchanged. The amendment was adopted on a roll call vote, with several members voting yes and a few no votes recorded. The committee then moved into its jurisdiction review of bill drafts, beginning with a bill that would automatically renew pre-tax dental and vision elections; members debated whether it had any actuarial or administrative impact on PERS or the state, and the chair explained that the committee’s role was only to decide whether further analysis was needed before later testimony and recommendations.
CA
Transcript Highlights:
- There's that calculation that's done.
- This is how we ensure that we don't mess up calculations from laws that we've seen in the past.
- The administration is interested in being part of the negotiations.
- I had conversations with the author and interested stakeholders.
- The rush to judgment is not in the state of California's best interest.
AZ
Arizona 2026 Regular Session
01/27/2026 - House Republican Caucus Calendar #2
Transcript Highlights:
- the maximum allowable assessment amount for each range of total limited assets and provides for calculating
- the maximum allowable assessment amount for each range of total limited assets and provides for calculating
- the bill, we didn't make the change permanent for complicated reasons that anybody who's actually interested
- the bill, we didn't make the change permanent for complicated reasons that anybody who's actually interested
- the bill, we didn't make the change permanent for complicated reasons that anybody who's actually interested
Summary:
The meeting covered a long list of House bills, mostly on third-read consent calendars, spanning appropriations, elections, education, public safety, water, taxation, and criminal law. Early discussion focused on HB 2148, which would give the legislature authority to appropriate non-custodial federal funds, described by the sponsor as a transparency measure. Other measures discussed included HB 2091 on insurance-related assessment limits, HB 2122 on reciprocity for BTR-related professions, HB 2138 clarifying firefighter workers’ compensation coverage, and HB 2008 barring public school libraries from using public money to pay library professional associations. HB 2110, removed from consent, would allow school governing body members to pray at meetings, with members noting Supreme Court precedent supporting such prayer.
Several bills addressed school safety and parental rights. HB 2142 would create a School Safety Center at the Arizona Department of Education and allow up to 10% of school safety program funds for administration, with supporters citing an audit and lack of oversight. HB 2249 would expand the Parents’ Bill of Rights to require notice if a school employee facilitates social transitioning of a minor and to provide broader access to educational records, with penalties discussed for violations. HB 2074 would add mandatory reporting for anyone in a medical facility who knows a partial-birth abortion is occurring, and HB 2144 would allow child support calculations to begin during pregnancy based on a confirmed pregnancy test and related DNA testing provisions.
The committee also took up election-related measures. HB 2022 would make permanent changes tied to the federal Electoral Count Act, including moving Arizona’s primary earlier to preserve military and overseas voting access, while keeping petition dates valid and preserving existing deadlines for candidates. HCM 2001 urged federal designation of the Muslim Brotherhood as a foreign terrorist organization, and HCM 2002 supported a separate congressional effort involving CARE and related federal review and designation processes; members debated the distinction between direct designation and a request for federal investigation. HCR 2001 proposed a constitutional amendment to limit voting to U.S. citizens, require government ID to register, prohibit foreign contributions, and end early voting by the Friday before an election.
Water, land use, and tax bills were also reviewed. Measures included HB 2024 on snowpack augmentation as a water supply development project, HB 2029 and HB 2030 tightening how Water Conservation Grant Fund money is used, HB 2053 appropriating $100,000 for updated stormwater recharge mapping, HB 2096 expanding revolving fund uses to address cesspools, HB 2097 capping groundwater withdrawal in irrigation non-expansion areas, and HB 2116 funding potential Colorado River litigation. On the tax side, HB 2016 would remove late-filing penalties when no tax is due, HB 2104 and HB 2105 would protect agricultural property owners from repeated reclassification and require notice of inspections, and HB 2289 would update truth-in-taxation examples to reflect higher home values. The committee also heard bills on criminal penalties and other matters, including HB 2043 on felony murder involving an unborn child, HB 2045 on discharging a weapon near a vehicle, HB 2131 and HB 2132 on weapons trafficking and fentanyl penalties, and HB 2062 authorizing a Buffalo Soldiers memorial in Wesley Bolin Plaza.
TX
Transcript Highlights:
- So I've got really interested in, um, what our bee, our honey producers and our beekeepers do across
- OK, so, um, I was very interested in your bill. I read it thoroughly.
- That's a, that's a HUD calculation. It is, and I did check it just before coming in here.
- So the calculation would be 85% of that number. Understood. OK. All right.
- I guess we were looking at something that made it seem like it was calculated for, let's say all of DFW
Keywords:
HB 148, Texas Education Code, Texas Education Agency, TEA, artificial intelligence, AI, machine learning, automated scoring, constructed response, open-ended answers, student assessments, state testing, standardized tests, public schools, education policy, assessment instruments, school accountability, test scoring, 2026-2027 school year, ad valorem tax
AL
Alabama 2025 Regular Session
Alabama House Education Policy Committee Feb 5th, 2025
Education Policy
Transcript Highlights:
- potential models would look like and how we would... ...potential models look like, how they would be calculated
- These weights would be calculated on an annual basis based on the average student funding.
- So, you take that current average of $7,500 and you calculate a weight for poverty, a weight for English
- In the weighted funding formula, you use these student numbers and student weights to calculate the funding
- That’s another $750 per kid as just a back-of-the-napkin calculation.
HI
Hawaii 2025 Regular Session
HWN-EIG, HWN, HWN-HOU, HOU DEFER Public Hearings 02-04-2025
Hawaiian Affairs
Transcript Highlights:
- If you're interested in reviewing your testimony, please go to the legislature's website.
- If you're interested in reviewing your testimony, please go to the legislature's website.
- We calculated about $5 million for the existing customers for that service that we provide.
- <00:11:14.279>
about <00:11:14.399>$5 revenue for us we calculated about $5 revenue - If you're interested in reviewing the written testimony, please go to the Legislature's website.
Summary:
The joint hearing focused primarily on Senate Bill 1409, which would cap county user fees charged to Department of Hawaiian Home Lands beneficiaries. Department of Hawaiian Home Lands supported the measure, arguing it would reduce monthly housing-related costs for lower-income beneficiaries and help make homesteading more affordable. Several testifiers, including the Tax Foundation of Hawaii and some individuals, also submitted comments or support. County and city water and sewer agencies, including the County of Kauai Department of Water, the City and County of Honolulu Department of Facility Maintenance, the Honolulu Board of Water Supply, and the City and County Department of Environmental Services, strongly opposed the bill, saying it would shift substantial costs to other ratepayers, create lost revenue, and could force fee increases for everyone else. They also raised concerns about the bill’s cap structure and potential misuse, while noting their systems are funded by user fees rather than taxes.
During committee discussion, Honolulu Board of Water Supply officials estimated about 4,500 DHHL customers on Oʻahu and projected lost revenue of roughly $30 million to $36 million over five years, with larger cumulative impacts over time; they said any waiver would be absorbed by other customers. The County of Hawaiʻi representative estimated nearly 2,000 DHHL customers on the Big Island and about $2.4 million in annual lost revenue. DHHL responded that it is pursuing revenue-generating projects on unused lands, but members questioned whether the department should do more to generate its own revenue and suggested looking at other affordability mechanisms, including market rent on commercial properties or a similar cap on other beneficiary fees. After hearing the testimony and discussion, the committee chair announced the recommendation to defer SB 1409 indefinitely, and the Committee on Energy and Intergovernmental Affairs agreed with that decision.
The hearing then moved to Senate Bill 1408, a housekeeping measure. DHHL testified in support, saying the bill was part of an effort to lower housing costs through a modular manufacturing approach. DHHL described plans to use an unused hangar at Kalaeloa for a potential modular housing manufacturing plant, including discussions with the University of Hawaiʻi and a Denver-based company, and said it was also exploring a pilot project with Habitat for Humanity on Maui. No vote or final action on SB 1408 was taken in the portion of the transcript provided.
NM
New Mexico 2025 Regular Session
IC - Federal Funding Stabilization Subcommittee May 28th, 2025
Federal Funding Stabilization Subcommittee
Transcript Highlights:
- Uh, who's retired and what their retirement calculations are? Same thing with uh Medicaid.
- The other thing that I want to point out is the annual interest payments we're making on our national
- And again, that net interest is a huge opportunity cost to being able to.
- This one It was really interesting.
- Uh, calculations for who gets what kinds of benefits.
MN
Transcript Highlights:
- in the uh as Matt mentioned our interest in the uh uh<00:15:46.560>
unemployment <00:15:47.079 - Community to have the services that you need, the lifelong learning interest that you might need, and
- Because oftentimes those instructors are members from our community that have a really keen interest
- Because oftentimes those instructors are members from our community that have a really keen interest
- So if members have interest in it, they can look at section 124D.22, subdivision 1.