Video & Transcript Research : 'rate increase'

Page 46 of 500
NM

New Mexico 2025 Regular Session

House - Appropriations and Finance Feb 3rd, 2025

House Appropriations & Finance

Transcript Highlights:
  • Why is that rate so low?
  • You have a high referral rate, but the engagement rate looks low. Mr.
  • for a statewide compensation increase?
  • cover the GSD rates.
  • increases.
NM

New Mexico 2025 Regular Session

IC - Federal Funding Stabilization Subcommittee May 28th, 2025

Federal Funding Stabilization Subcommittee

Transcript Highlights:
  • for an actual increase in our bond rating later on this year.
  • So, uh, recently we've had, um, Rate increases, uh, moving on to slide 11.
  • Um, Significant rate increases were allocated in the last two years.
  • Um, if you see, look at the second item down, the hospital rates, we've increased rates to hospitals
  • Like I said earlier, As we do these rate increases, that those rate increases increase our costs overall
TX
Transcript Highlights:
  • Forecasted caseload growth and previously approved rate increases one point eight billion for increased
  • So forecasting caseload growth and previously approved rate increases.
  • We highlighted in our LAR. number of specific areas that might benefit for a rate rate increase, but
  • Did we increase those rates?
  • Yes, the rate was increased to 50% of what is now the basic foster family rate so what is that per day
Bills: SB1, SB 1
CA
Transcript Highlights:
  • So we appreciate... ...pressure on rates by spreading fixed system costs over increased usage.
  • increase, as well as the requirement to provide notice of proposed rate increases through public forums
  • Rubio Canyon Land and Water Association has a proposed 11% rate increase and fire recovery fee of up
  • Lincoln Avenue Water Company is approaching with a $15 rate increase in addition to a 10% increase to
  • They've gone a year, a year and a half in some cases, without increasing any water rates.
Summary: The committee first heard SB 804, the Hydrogen Pipeline Safety Act, from Senator Arreguín. He said the bill would designate the State Fire Marshal as the safety regulator for intrastate hydrogen pipelines and require hydrogen-specific standards, while not mandating any pipeline construction or bypassing environmental review. Supporters included labor groups, utility employees, and the City of Burbank, while Air Products opposed unless amended, citing concerns about the bill’s specificity, fee structure, and the need for a hydrogen-specific rulemaking process. The committee discussed safety, fees, and regulatory certainty, and later passed SB 804 on a 9-0 vote to Emergency Management with commitment to take amendments. The committee then took up SB 905 by Senator Becker, aimed at reducing electricity rates by changing utility incentives. The bill would tie part of executive compensation to keeping rates below inflation, require more performance metrics, and allow the CPUC to consider lower returns on equity for certain lower-risk investments and alternative financing options. Support came from consumer, environmental, agricultural, and large energy user groups, while Southern California Edison, CalChamber, PG&E, and utility labor groups raised concerns that the bill could reduce investment, create regulatory uncertainty, and raise borrowing costs. After extensive discussion about utility affordability, wildfire costs, and capital markets, the committee passed SB 905 on a 7-1 vote to Appropriations. SB 913, also by Senator Becker, would create a clearer pathway for distributed energy resources such as batteries and smart thermostats to participate in the resource adequacy market and compete with utility-scale resources. Supporters said the bill would better use existing grid capacity, lower costs, and build on the state’s Demand Side Grid Support Program; PG&E opposed unless amended, saying the use case was not yet proven and was already being addressed in other rulemakings. After the committee accepted amendments, one opposition group moved to neutral and another said it might do so after reviewing the changes. The bill passed 8-0 to Appropriations and was placed on call. Several other measures were heard and advanced, including SB 1196 on faster utility hookups for small energization projects such as ADUs and EV chargers, SB 931 reauthorizing the Diablo Canyon Essential Services Mitigation Fund through 2028, SB 1158 reducing the frequency of joint reliability assessments from quarterly to twice yearly, and SB 1245 directing further study of California’s gasoline market and potential use of non-CARBOB fuel during supply disruptions. SB 1196 and SB 931 both passed with broad support and no opposition after amendments, SB 1158 passed without testimony, and SB 1245 drew strong support from consumer and environmental advocates but opposition from fuel industry and business groups concerned about costs, confidentiality, and fuel standards.
CA
Transcript Highlights:
  • H.R. 1 also requires states to pay a share of benefit costs based on their payment error rate and increase
  • California's rate of food insecurity is near the national rate of almost 14 percent, and across states
  • 2022, and California's rate has... ...increased to 81% up from 67% in federal fiscal year 2020, a 20%
  • increase over two years.
  • Approval rates do vary slightly, but on average, we see about a 52% approval rate for the applications
Summary: The joint informational hearing focused on CalFresh enrollment, food insecurity in California, the recent federal shutdown’s disruption of SNAP benefits, and the long-term effects of H.R. 1 on eligibility, benefits, and state and county costs. Opening remarks emphasized that millions of Californians rely on CalFresh, that the shutdown briefly delayed benefits for the first time in the program’s history, and that state and local governments, including Alameda County, stepped in with emergency food aid and funding. Members also framed the issue as both a hunger and affordability problem, with several noting that California’s agricultural abundance contrasts sharply with persistent food insecurity. The first panel presented research and advocacy perspectives on food hardship. PPIC’s Tess Thorman described food insecurity rates, disparities affecting households with children and Black and Latino households, and the role of nutrition programs in reducing poverty. Nourish California’s Betzabel Estudio argued that hunger is a policy choice and highlighted campaigns to expand state-funded food assistance for immigrants, support reentry populations, and continue the CalFresh fruit-and-vegetable incentive program. The California Association of Food Banks’ Josh Wright said food banks are seeing sustained high demand, lower federal food supplies, and cannot replace CalFresh, while urging more state support for food purchasing, school meals, and SunBucks. The second panel reviewed CalFresh operations and participation. The California Department of Social Services reported that CalFresh participation has risen over the past decade, with the state closing much of the participation gap through outreach, simplified applications, and demonstration projects such as the Elderly Simplified Application Project and a minimum nutrition benefit pilot. Alameda County Social Services described local caseloads, application trends, and emergency food distributions during the shutdown, while also warning that H.R. 1’s work requirements, immigrant eligibility restrictions, and possible cost-sharing could reduce enrollment. A student CalFresh ambassador testified about the burdensome application and recertification process and urged more funding for campus basic-needs centers and outreach to reduce stigma and administrative friction. In the final panel, county, food bank, and policy witnesses described the shutdown response and the expected impact of H.R. 1. Alameda County Community Food Bank and the County Welfare Directors Association said counties, food banks, and community partners mobilized emergency funds, pop-up pantries, and food purchasing to bridge the shutdown gap, but warned that hundreds of thousands of Californians could lose benefits under the new federal rules. The California Budget and Policy Center began outlining the scale of federal cuts, noting that H.R. 1 will significantly reduce SNAP funding and shift costs to states. No votes or formal committee actions were taken; the hearing was informational and concluded with discussion of possible state responses, including backfilling benefits, preserving outreach funding, and improving administrative systems to protect enrollment.
NM

New Mexico 2025 Regular Session

IC - Investments and Pensions Oversight Sep 12th, 2025

Investments & Pensions Oversight Committee

Transcript Highlights:
  • Those rates above the orange line indicate a very long downtrend in rates.
  • He's raising interest rates.
  • The yield curve starts at lower rates and sort of rises and flattens a little bit out to longer rates
  • long-term rates.
  • If that appropriation increased, then we could increase the benefit.
MN

Minnesota 2025-2026 Regular Session

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

Minnesota Senate Floor Meeting

Transcript Highlights:
  • pressure on mortgage rates by<00:13:52.839> increasing<00:13:53.480> Banks<00:13:53.959
  • c> over<00:16:00.440> the rate has increased slightly over the rate has increased slightly
  • As you may recall, most disability waiver rates are increased every two years to account for inflation
  • Estimated spending, including inflation, will increase at a faster rate of 4.7%.
  • Estimated spending, including inflation, will increase at a faster rate of 4.7%.
Keywords: 1187, senate, all
NM

New Mexico 2025 Regular Session

IC - Legislative Finance Nov 20th, 2025

Transcript Highlights:
  • in GSD and DUID rate increases in the other cost category.
  • And then again, the GSD and DOIT rate increases. Next slide.
  • In the last couple of years, even though we had this big rate increase since the pandemic, rate increases
  • The other hospitals use another carrier that has not been taking rate increases.
  • I call it what it is—to either raise your rates or to increase your...
KY

Kentucky 2026 Regular Session

House Standing Committee on Natural Resources and Energy. (1-29-26)

Natural Resources & Energy

Transcript Highlights:
  • The impact of the passage of House Bill 398 is that it will prevent big rate increases for customers
  • <00:03:15.360> increases that it will prevent big rate increases that it will prevent big
  • <00:15:00.720> would increase, then the electric rate would increase, then the electric rate
  • <00:15:41.519> their rate increase, so it's within their rate increase, so it's within their
  • rate increase for at least three years. rate increase for at least three years.
Summary: The committee heard House Bill 398, sponsored by Rep. Wade Williams, with testimony from David Samford of East Kentucky Power Cooperative. The bill would amend KRS 278.264, the Senate Bill 4 statute, to clarify that it governs retirement of fossil fuel plants and not the recovery of associated decommissioning costs. Supporters said the measure would restore the Public Service Commission’s discretion to spread decommissioning costs over the life of a plant, consistent with traditional ratemaking, and avoid large rate spikes when plants are retired. Testimony focused on ratemaking principles such as cost causation and matching, with the witnesses arguing that customers should pay costs as they are incurred rather than face a large “sticker shock” charge at the end of a plant’s life. Members asked about possible double charges, environmental surcharges, fuel adjustment clauses, and what happens if a planned retirement is delayed or canceled. The witnesses said the bill is intended to prevent double exposure and that rates would be revisited in future base rate cases as assumptions change. During roll call, most members voted yes, while Rep. Fugate passed and explained concern about high electric bills and prior lump-sum charges in his area, and Rep. Watkins voted no, saying he needed more information on long-term affordability. The committee reported the bill out favorably, with the chair stating it should pass on the floor.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Financial Services Jun 21st, 2026 at 10:30 am

Joint Committee on Financial Services

Transcript Highlights:
  • So it wouldn't necessarily, in my mind, affect the rate because the rate is...
  • So it wouldn't necessarily, in my mind, affect the rate, because the rate is prior to the insurance.
  • You mentioned increase of premiums in the Northeast.
  • But any of those increases that are impacting the rental car companies are increases that are going to
  • It faces similar criticisms to other rating factors.
Keywords: 995, all
Summary: The Joint Committee on Financial Services held a public hearing on a wide range of auto insurance and vehicle-related bills. Testimony focused heavily on autonomous vehicle regulation, auto insurance rating by ZIP code, rental car liability coverage, and surcharge thresholds for minor accidents. Representative Polito supported a bill to regulate autonomous vehicle testing and deployment, arguing for school-zone restrictions, slower speeds, a remote kill switch, and minimum insurance requirements to protect the public. Representative Mendez and Senator Payano testified for legislation to reduce racial and socioeconomic inequities in auto insurance pricing by limiting the weight insurers may place on territorial loss costs, while the Mass Insurance Federation and Consumer Federation of America offered opposing and supporting views, respectively, on the fairness and actuarial impact of geographic rating. The committee also heard support for a bill to remove inspection-sticker violations from license-point calculations, and for a bill to raise the damage threshold for insurance surcharges and minor/major accident classifications. A substantial portion of the hearing addressed House Bill 1301 on rental car liability. Enterprise Mobility, the American Car Rental Association, and a small Massachusetts rental company supported the bill, saying personal auto insurers should be primary when their insureds drive rental cars, that Massachusetts is an outlier compared with most other states, and that the change would reduce costs and simplify claims handling. The Mass Insurance Federation opposed the bill, arguing that current Massachusetts law already clearly makes the vehicle owner’s policy primary and that shifting liability would raise costs for private-passenger policyholders. Committee members asked detailed questions about how rental coverage works, whether premiums or rental rates would change, and how other states handle the issue. The committee also heard testimony on a bill to adjust surcharge rules for at-fault accidents, with sponsors arguing that repair costs and vehicle values have risen sharply and that the current thresholds are outdated. Members discussed how the point system affects drivers, whether the proposal should apply cumulatively or per incident, and how Carfax and out-of-pocket repairs factor into consumer costs. At the end of the hearing, the chair noted written testimony could still be submitted and, during a brief personal privilege, recorded support for two underinsurance bills, H. 1109 and S. 748. The committee then moved and seconded a motion to adjourn, and the hearing ended without any votes on the bills themselves.
MN
Transcript Highlights:
  • at the rate of inflation and at the rate that they were expecting to increase.
  • :18:56.240> inflation<00:18:56.960> and increasing at the rate of inflation and increasing
  • Um of SNAP increase at the fastest rate.
  • It's going to increase error rates. It's going to increase the complexity of the system.
  • It's going to increase the rates.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House Human Services Finance and Policy Committee 2/13/25

Human Services Finance and Policy

Transcript Highlights:
  • and<00:20:11.400> a<00:20:11.520> lot an increase in payment rates and a lot an increase
  • aggregate increase in rates is around aggregate increase in rates is around 100%<00:21:09.600>
  • A couple key components of note here include increasing rates for experienced workers.
  • the rate by and so we increase the rate by 3.9%<01:45:21.840> so<01:45:22.080> that<01
  • 01:46:41.599> for<01:46:42.440> an increase the rate to pay for an increase the rate to
Keywords: 1183, house
NM

New Mexico 2025 Regular Session

IC - Revenue Stabilization and Tax Policy Dec 16th, 2025 at 09:08 am

Revenue Stabilization & Tax Policy Committee

Transcript Highlights:
  • The 167 that reduced income tax rates and increased the capital gains deduction was estimated to cost
  • So The recently reduced gross receipts and compensated tax rates were increased back up to 3.75.
  • SIT was increased by 20. Liquor excise tax rate was increased.
  • In SB1 that year, the grocery seating compensating taxes, the tax rates were yet again increased from
  • From that session, SB 10 increased the gross receipts tax rate by one-eighth and the compensating rate
Keywords: 996, all
AZ
Transcript Highlights:
  • case if the proposed rate increase to residential consumers is 100% or more.
  • And so what we're doing is we're saying we're not going to increase the rate.
  • And so what we're doing is we're saying we're not going to increase the rate.
  • increases by significantly increasing utility rates and then backflowing that revenue into the general
  • But what's most important is that we have this moratorium on any rate increases.
Keywords: 1182, all
Summary: The meeting was a rapid review of a very large bill package, with the chair repeatedly asking staff to keep descriptions high level and many bills placed on third-read consent or consent calendars. A major theme was artificial intelligence: bills would require minors to be told when they are interacting with AI, allow AI-assisted divorce arbitration by consent, create an AI education program, privilege certain AI communications, and require K-12 instruction on ethical and practical AI use. Other education measures addressed school district superintendents, health instruction, anti-Semitism prohibitions, fetal development standards, and school safety, including a bill allowing concealed firearms on school grounds under specified conditions. Several health and public safety bills were also discussed. These included funding and oversight measures for childhood cancer research, nursing care complaint timelines, firefighter cancer data collection, limits on pharmacy penalties, and a bill making it a felony to administer abortion-inducing drugs without consent. Members also heard bills on overtime wage enforcement, domestic violence evidence standards in parenting cases, probation limits for dangerous crimes against children, and a measure expanding manslaughter liability to online encouragement of teen suicide. One sponsor strongly opposed a provisional medical licensing bill for foreign-trained applicants, while other sponsors emphasized rural health access, nurse anesthetist reimbursement parity, and the need for a dental board member who is an oral surgeon. A large portion of the meeting focused on water, land, energy, and state agency oversight. Bills would streamline or change rules for small modular reactors, new power plants, water supply determinations, groundwater transportation fees, water hauling, and state land disposition. Members also considered measures affecting the State Land Department, including audits, oversight boards, continuation, land-use maps for data centers and energy projects, and rules for mineral leases and solar or wind siting. Other topics included wildlife and ranching, Mexican wolf policy, annexation, housing and development incentives, transportation and towing rules, digital driver licenses, and a proposed four-year moratorium on municipal and county fee, tax, and utility-rate increases, which drew questions about stakeholder input and the impact on enterprise funds and local utilities. No recorded roll-call votes were taken in the transcript; most items were simply presented, briefly discussed, and left on consent or calendar status, with one bill noted as held in rules and another pulled for further discussion.
NM

New Mexico 2025 Regular Session

IC - Water and Natural Resources Aug 18th, 2025

Water & Natural Resources Committee

Transcript Highlights:
  • I see they have an increase in funding as well.
  • I do think pecans are, but on the conservation programs, that's an increase in the base rate.
  • I noted we're not leading in the error rate.
  • If we're below a 6% error rate, we're not going to be increasing any spending.
  • well as the agency error rate.
AZ

Arizona 2026 Regular Session

01/29/2026 - House Artificial Intelligence & Innovation

Artificial Intelligence & Innovation

Transcript Highlights:
  • We've developed a proposal to protect residential customers, and it includes a 45% increase to rates
  • We've developed a proposal to protect residential customers, and it includes a 45% increase to rates
  • It's an additional incremental 45% increase on top of what their rates reflect today, so a 45% net increase
  • Thank you for this rate increase.
  • this summer great thank you chair yes please thank you for this rate increase if it were to go into
Bills: HB2133, HB2592
Summary: The House AI and Innovation Committee first heard an informational presentation from Arizona Public Service (APS) on the rapid growth of data centers and AI-related electricity demand in Arizona. APS said Phoenix now ranks near the top in North America for data center development and projected its peak load could rise from 8.7 gigawatts to 12 gigawatts by 2035, with about 19 gigawatts of potential data center demand in its queue. APS emphasized three principles for serving this growth: maintaining reliability for existing customers, preventing data center costs from being shifted to residential and small business customers, and preserving capacity for other growth. APS described its proposed approach as a combination of a pending Corporation Commission rate case and bilateral contracts, including minimum bill requirements, queue management, long-term financial commitments, and direct cost assignment to data center customers. Committee members asked about rate impacts, self-generation, behind-the-meter power, seasonal load, and possible future nuclear or other generation options; APS said it is pursuing an all-of-the-above resource strategy and that the proposed data center rate increase is 45 percent, though not yet approved. The committee then considered House Bill 2133, which would require commercial entities that knowingly distribute or publish sexual material online to obtain reasonable consent and age verification, including for synthetic or AI-generated altered images, and would impose civil penalties for violations. A five-page amendment narrowed the bill by excluding internet service providers, affiliates, search engines, and cloud providers from liability for content they do not create or directly host. The sponsor said the bill is intended to protect people in adult content from exploitation and non-consensual use, including revenge porn and trafficking-related material, and to extend protections to synthetic media. Members discussed the penalty structure, with the sponsor explaining it was modeled on similar penalties in related laws and set at $10,000 per day of violation. After no public opposition was presented, the committee adopted the amendment and voted 5-0, with 2 members present, to return HB 2133 as amended with a due pass recommendation.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 4/29/26

Taxes

Transcript Highlights:
  • Employees and businesses have choices, and increasing Minnesota's already high tax rates would put us
  • <01:04:04.160> increases<01:04:04.760> revenue reducing uh tax rates increases revenue
  • Thank you for the opportunity to share a perspective on House File 1041, which increases the tax rate
  • <01:24:00.040> certain increases the tax rate for certain increases the tax rate for certain corporations
  • increase by high rate could increase by up<01:30:58.640> to<01:30:58.760> an<01:30:58.880
Keywords: 1183, house
TX
Transcript Highlights:
  • rates that could be increased.
  • Should they get the same pay increase and pay rate as somebody who has a heavy docket?
  • It's associated with increased rates of reunification.
  • It's associated with increased rates of reunification.
  • It's associated with increased rates of reunification.
Bills: SB 1
MN

Minnesota 2025 1st Special Session

Committee on Human Services - 02/17/25

Human Services

Transcript Highlights:
  • We'll start with the rate increases that would go to wages, so increasing effective January 1, 2026,
  • We'll start with the rate increases that would go to wages, so increasing effective January 1, 2026,
  • We'll start with the rate increases that would go to wages, so increasing effective January 1, 2026,
  • We'll start with the rate increases that would go to wages, so increasing effective January 1, 2026,
  • rate increases I'm just terms of uh the rate increases I'm just trying<01:26:59.600> to<01:26
Keywords: 1187, senate, all
CA

California 2025-2026 Regular Session

Assembly Utilities and Energy Committee Apr 22nd, 2026

Utilities and Energy

Transcript Highlights:
  • Over the past decade, customers of California's investor-owned utilities have absorbed rate increases
  • I'm sure you're hearing from constituents all the time about concerns about never-ending rate increases
  • The California PUC's 2025 report to the legislature forecast annual rate increases The California PUC's
  • 2025 report to the legislature forecast annual rate increases of between 6 and 7% for each utility over
  • This would require cumulative consideration of all pending rate increases.
Keywords: 988, house, all
Summary: The committee heard several energy-related bills. AB 1813, by Assemblymember Ward, would revise California’s community renewable energy program to better support community solar and storage, especially for renters and low-income customers, and to base bill credits on avoided costs. Supporters said the current CPUC program is unworkable and would not produce new projects, while utilities raised cost-shift, CCA, and process concerns. AB 2313, by Assemblymember Berman, would let gas customers whose service lines are being replaced choose electrification instead, using part of the replacement funds as an incentive; supporters framed it as a customer-choice and cost-saving measure, while opponents argued it could divert safety funds and conflict with the recently approved SB 1221 pilot. AB 1975, by Assemblymember Schultz, would require the CPUC to develop a grid utilization methodology to better measure and use existing distribution infrastructure; supporters said it could reduce ratepayer costs and defer upgrades, while utilities warned against rigid utilization targets and said the bill should better account for customer behavior and beneficial load growth. The committee also heard AB 2612, which would direct state agencies to develop standards for plug-in photovoltaic systems that can connect through residential and nonresidential circuits. Supporters said it would expand access to low-cost solar and improve safety and consistency, while utilities sought clarification that they would participate in the standards process. AB 1849, by Assemblymember Papin, would direct CARB to study the need for decarbonized gas fuels in hard-to-electrify sectors and for grid reliability; supporters said it would provide a data-driven assessment of future fuel needs, while opponents argued it was biased toward a predetermined outcome and duplicative of existing state efforts. AB 2088 would authorize investor-owned utilities to own and operate thermal energy networks using geothermal energy or waste heat, with supporters emphasizing climate, affordability, and workforce benefits and no opposition testimony heard. Votes were taken on the measures that came to a vote. AB 1975 passed the committee 7-0 and was sent to Appropriations. AB 2612 passed 9-0 and was sent to Appropriations. AB 1849 passed 10-0 and was sent to Appropriations. AB 2088 passed 9-0 and was sent to Appropriations. Several bills were still on call for absent members when the transcript ended.