Video & Transcript Research : 'rate base'

Page 47 of 500
CA
Transcript Highlights:
  • The center-based programs provide desperately needed high-quality child care, and the home-based program
  • tax rates in the nation.
  • Increasing the corporate tax rate when many other states are reducing rates is counterproductive and
  • Inflation and insurance rates.
  • People are going to get rate cancellations. They're going to get those rate increases.
Summary: The Assembly Committee on Revenue and Taxation met under suspense-file procedures, with the chair explaining limits on testimony, position letters, and that bills with fiscal impacts of $150,000 or more would generally be sent to suspense rather than voted on immediately. Several bills were pulled from hearing, and a consent calendar of committee bills later passed 4-0. AB 761 by Addis, the only item initially slated for a vote, was ultimately held over to the next hearing. The committee heard testimony on a series of tax-related proposals. AB 232 would create catastrophe savings accounts for homeowners to save pre-tax money for wildfire, flood, or earthquake-related expenses; it drew support from the Department of Insurance and the California Bankers Association, but was sent to suspense. AB 1443 would exempt tips from state income tax for five years and was supported by the California Restaurant Association and a restaurant owner, but also went to suspense. AB 1435 would provide relief to businesses and property owners facing cleanup and security costs from unauthorized encampments and illegal dumping; it received broad support from business, real estate, trucking, retail, and local government representatives, and was referred to suspense. The committee also heard AB 1428, which would create a California Affordable Child Care Fund financed by a 0.5% tax on income above $10 million; child care workers and SEIU-backed witnesses supported it, while taxpayer and business groups opposed it as harmful to competitiveness and affordability. AB 691 proposed a tax credit for adopting shelter pets and covering veterinary costs, AB 1219 proposed a middle- and low-income personal income tax cut, AB 1354 proposed a credit for increased homeowners insurance premiums, AB 19 proposed an education savings account/voucher-style program, and AB 567 proposed insurance rate stabilization and related tax/fund changes; each drew testimony for and against where present, but all were referred to suspense. The meeting ended with the committee adjourning after the held-over AB 761 item was postponed.
TX

Texas 89th Regular

Finance (Part II) Jan 28th, 2025

Finance

Transcript Highlights:
  • rates, grievance rates and looking at all of that firsthand.
  • rates, grievance rates, and looking at all of that firsthand.
  • rates, grievance rates, and looking at all of that firsthand.
  • rates, grievance rates, and looking at all of that firsthand.
  • rates, grievance rates, and looking at all of that firsthand.
Bills: SB1
Summary: The committee heard a Legislative Budget Board presentation and then testimony from the Department of Public Safety on the Article 5 public safety budget. LBB said DPS’s 2026-27 recommendation totals $3.7 billion, down from the prior base, while FTEs rise by 856.7. Major items included increased funding for driver license services and customer support, new trooper funding and recruit schools, crime lab operations, border security, and reductions tied to one-time facility, vehicle, and aircraft spending. The committee also discussed new riders, including one to lapse unused trooper funds and require reporting after recruit schools. Members focused heavily on driver license operations, questioning why prior staffing increases and a prior efficiency study had not solved long wait times, high call abandonment, and appointment delays. DPS and LBB said the agency receives about 22,000 calls per day, answers only about 9 percent, and is seeking more staff plus technology upgrades such as automation, kiosks, and better online processing. Senators also raised concerns about rural access, REAL ID document requirements, and whether the department should rethink its processes rather than simply add employees. DPS leadership then described needs for the Williamson County training academy, additional troopers, Capitol and Alamo security, border operations, aircraft and vehicle replacement, and regional headquarters in El Paso and San Antonio. Members asked about Operation Lone Star costs, overtime, pursuit safety, border crime, oilfield theft, and sexual assault kit and toxicology backlogs. DPS said border deployments remain focused on criminal threats, that overtime is partly driven by deployments and staffing shortages, and that the sexual assault kit backlog is down to 118 cases with a goal of zero by April. The committee later recessed and began the Texas Alcoholic Beverage Commission budget presentation, where LBB outlined a $115.1 million recommendation and noted ongoing costs for the AIMS technology project.
NH
Transcript Highlights:
  • on the error rate.
  • Okay. >> So what is the error rate right now and what are you proposing that the error rate is going
  • rate.
  • And if you're based on the error rate.
  • >> Our error rate is currently at 7.57%. >> Our error rate is currently at 7.57%.
Keywords: 1189, house, all
Summary: The meeting covered two committee of conference items. On HB 1260, the House and Senate debated a Senate amendment dealing with sealing certain divorce-related financial records. House members argued the amendment conflicted with the Keane Sentinel decision and would improperly flip the burden of proof on public access to court records, raising constitutional concerns under the state constitution’s open government and privacy provisions. Senate members responded that the privacy amendment and modern conditions support more protection for sensitive financial information, especially in limited uncontested divorces, but several members agreed the issue should be studied in a separate bill with a full hearing next year rather than resolved in conference. The committee ultimately voted unanimously to have the Senate recede and pass HB 1260 in the form originally passed by the House, preserving the underlying bill without the Senate amendment. The committee then took up HB 1574, which extends free and reduced-price breakfast and lunch programs and provides funding for SNAP administrative costs. The main dispute was the Senate’s addition of $4.4 million for SNAP administration. Senator Gray and DHHS officials said federal changes will shift more administrative costs to the state and that underfunding administration could raise the SNAP error rate, which could trigger future federal penalties and larger state costs; DHHS reported a current error rate of 7.57%, below the national average, and said a higher error rate could cost the state roughly $12 million in a partial fiscal year and nearly $16 million in a full year. Representative Papovich said he understood the department’s needs but was reluctant to support the bill as amended, noting the Senate language resembled a prior bill that had already failed in the House. The discussion ended with the committee still considering the Senate amendment, with members weighing the immediate appropriation against possible future costs.
CA
Transcript Highlights:
  • new rate one LEAs.
  • The rate two is—we use the information that the California Department of Education had based on their
  • The rate, too, is we use the information that the California Department of Education had based on their
  • , and then the providers who are funded based on the regional market rate do not receive that COLA because
  • , and then the providers who are funded based on the regional market rate do not receive that COLA because
Summary: The committee heard the May Revision presentation for the Assembly Budget Subcommittee on Education Finance, with public comment focused heavily on K-12 priorities such as universal school meals, kitchen infrastructure, food service and custodial support, youth leadership grants, Special Olympics funding, English learner support, universal pre-K, literacy investments, and concerns about community college funding shifts. Speakers also urged support for expanded learning, teacher recruitment and training, and maintaining or increasing funding for community colleges and student support programs. Finance and the LAO then reviewed the Proposition 98 outlook. Finance said the May Revision lowers the 2025-26 Prop. 98 guarantee to $114.6 billion, about $4.3 billion below January, due mainly to lower revenue estimates, with smaller effects from attendance and property tax changes. The administration also described rebenching for universal transitional kindergarten and a one-time rebench tied to Los Angeles fire-related property tax losses, along with changes to the Public School System Stabilization Account, deferrals, and updated COLA assumptions. The LAO said the budget relies too much on deferrals and one-time funds, creates a structural shortfall, and should instead align ongoing spending with the guarantee and preserve a reserve buffer. Members questioned the TK rebench and the shift of funding from community colleges to K-12, asking why it was being applied retroactively and how colleges would be held harmless. Finance said the changes align funding with where TK costs are being incurred and that reappropriation funding and other adjustments would offset impacts on community colleges. The LAO argued the historical split formula is outdated and should be abandoned in favor of budgeting around current priorities rather than fixed percentages. Members also raised concerns about draining the rainy day reserve and using deferrals, while the LAO said preserving reserves would better protect against future volatility. The committee then moved to specific K-12 and education proposals. Finance outlined May Revision changes including state operations adjustments for the Department of Education, technical trailer bill changes, a $100 million student teacher stipend program administered by Kern County, and updates to the charter school facility grant program. The LAO recommended rejecting the proposed increases for expanded learning, literacy coaches, and the student teacher stipend as currently structured, while supporting the minimum grant increase for expanded learning. Members expressed support for teacher recruitment efforts but questioned whether one-time funding can sustain ongoing programs and whether the student teacher stipend should be targeted to shortage areas or low-income communities.
CA
Transcript Highlights:
  • these new rate 1 LEAs.
  • The rate 2 is...
  • And the rate to amount?
  • , and then the providers who are funded based on the regional market rate do not receive that COLA.
  • You're basing that based on what?
Keywords: 988, house, all
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 01/29/25

Taxes

Transcript Highlights:
  • rate with a 10% floor.
  • rate with a 10% rate which was the prime rate with a 10% floor<00:32:34.799> in<00:32:34.960>
  • 03.840> coj<00:33:04.399> rates rate non Homestead Property coj rates rate non Homestead
  • to 5% and, based on the prime rate, rather than having it be the prime rate plus 2%, I think it is now
  • 5% um and uh um based on the prime rate 5% um and uh um based on the prime rate and<00:38:09.160
Keywords: 1187, senate, all
KY
Transcript Highlights:
  • Um, 94% retention rate.
  • I I don't know how or retention rate.
  • So it's a different rate that we base ours on.
  • based on the years of service. based on the years of service.
  • we >> So it's a it's a different rate that we base<00:49:04.000> ours<00:49:04.240> on
Summary: The Public Pension Oversight Board received updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. Chris Biddle reported that deferred compensation assets had grown to about $4.787 billion with roughly 88,000 participants, crediting auto-enrollment, targeted marketing around pay raises, and retiree-focused services. He said the board’s self-directed brokerage account, authorized by last year’s legislation, is being designed around a $40,000 account-balance threshold with up to 25% transferable into the brokerage window, tentatively for July 1 of the coming year. He also described the free financial planning program, which has been used by about 3,300 to 3,500 participants with an 87% return rate, and noted that the plan is currently in a fee holiday; members asked about the fee structure and whether the CFP service is provided through Nationwide, which Biddle confirmed. Board members praised the deferred compensation program’s growth and asked for the legislation referenced by Biddle. He said the plan’s annual fees are capped, with a $1 monthly fee plus other charges up to a $225 cap, for a maximum of $237 per year absent a managed account. He also said the program is seeking unified payroll access to expand participation, especially among teachers, and that prior lineup changes saved about $6 million annually in participant fees. Bo Barnes of TRS then addressed retired teachers’ health insurance, first clarifying a prior question about declining federal contributions to the retirement annuity trust. He explained that federally funded school positions generated contributions that rose from $72 million in 2019 to $109 million in 2022, then fell to $85 million this year, with a projection of $80 million over the next three years; if those dollars do not come from federal sources, they would have to be replaced through the SEEK formula. Barnes then reviewed TRS health coverage, explaining that the statutory contract guarantees access to group coverage but not fixed premium levels, and that TRS administers two retiree plans: KEHP for retirees under 65 or otherwise not Medicare-eligible, and MEHP for retirees 65 and older or Medicare-eligible. Barnes said TRS completed RFPs for the 2026 plan year, retaining Express Scripts for prescription drugs and switching the Medicare Advantage medical provider from UnitedHealthcare to Humana, while keeping plan design, provider access, out-of-pocket costs, and benefits materially unchanged. He noted a modest hearing-aid improvement of $500 per ear beginning in 2026. He also reported that the TRS Board approved the maximum state contribution for KEHP at $1,044.96, up from $930.76, an 18% increase that he said would require about $15 million to $16 million more annually, while the MEHP premium would drop from $210 to $200 per month because of the new contract. Using the 2024 valuation, he said the KEHP increase would slightly reduce the health trust funded ratio from 80.4% to 80.1% and raise unfunded liability from $4.036 billion to $4.051 billion. Barnes closed by reviewing the 2010 shared-responsibility reforms that shifted retiree health costs away from a pay-as-you-go model, including phased employee and district contributions and Commonwealth stabilization funding. No votes were taken beyond approval of the minutes.
FL
Transcript Highlights:
  • RATE IS LOOKING GOOD.
  • YOU INDICATED, WHAT IS THE VACANCY RATE?
  • THIS IS BASED ON THE CONVICTION THEY HAVE.
  • GIVES US A LOW RECIDIVISM RATE.
  • WE ARE NOT A TIME BASED SYSTEM MEANING A YOUTH DOES NOT GO BASED ON A SENTENCE OF TIME, THEY GO BASED
Keywords: 999, senate, all
MN

Minnesota 2025 1st Special Session

House Children and Families Finance and Policy Committee 1/21/25

Children and Families Finance and Policy

Transcript Highlights:
  • <00:08:36.800> that Appropriations that's the base that Appropriations that's the base that
  • They may go up or down. $700 million a banum is the base for $700 million a banum is the base for those
  • are set in statute, and those rates are based on a survey of child care prices that's conducted every
  • <01:14:34.760> of<01:14:34.880> child rates are based on a survey of child rates are
  • <01:14:48.760> by<01:14:48.920> County rates because the rates vary by County rates
Keywords: 1183, house
Summary: The committee met for an introductory overview of its jurisdiction and budget, with the chair emphasizing the committee’s role over a large portfolio of children, youth, and family programs and the new Department of Children, Youth, and Families (DCYF). House Research and House Fiscal staff explained their roles and described the 2023-24 reorganization that transferred many programs from DHS, DPS, MDH, and MDE to DCYF, along with a statute recodification and a crosswalk resource for members. Doug Berg then walked through the committee’s budget structure, explaining the difference between all-funds and general fund views, the major funding sources, and how forecasted programs and grant bases roll forward. He highlighted that the committee’s general fund base is a little over $2.1 billion for the biennium, with large federal components such as SNAP and TANF, and noted smaller accounts including child protection-related opioid funds and federal reimbursement offsets (FFP) for administrative costs. Members asked several questions about federal financial participation, TANF, and the effect of the repeal of the Diversionary Work Program (DWP). Staff explained that FFP generally applies to administrative costs for federally related programs and usually does not change much unless program activity changes, while TANF is a block grant that has been stable for years. On DWP, staff said the program was sunsetted effective March 1, 2026, and that the associated funding and administrative costs were being reworked rather than simply removed. A member also asked about federal funding fluctuations; staff said no changes were currently factored in, though SNAP or other federal policy changes could alter future numbers. Danielle Penelli then presented on economic assistance and employment supports transferred to DCYF, focusing first on MFIP, Minnesota’s state-supervised, county-administered welfare program jointly funded by state and federal dollars. She explained that MFIP provides cash and food assistance, employment and training services, and related supports, with a 60-month time limit and certain exemptions for illness, incapacity, or other barriers to employment. She also described the program’s income and asset standards, including a $10,000 asset limit with exclusions for homesteads and one vehicle per assistance unit member age 16 or older. Members asked clarifying questions about how the time limit applies and what assets count, and staff responded that the limit applies to the caregiver and does not restart with additional children. Penelli also introduced support services grants, which fund employment services for MFIP, DWP, and SNAP participants through workforce centers, counties, tribes, and community agencies, and help cover some county and tribal administrative costs. She began outlining nutrition programs under DCYF, including SNAP, the Minnesota Food Assistance Program, the Minnesota Food Shelf Program, the Emergency Food Assistance Program, and the American Indian Food Sovereignty Program. No formal votes or bill actions were taken during this meeting; it was primarily an informational staff briefing and question-and-answer session.
VA
Transcript Highlights:
  • is determined by that employer's individual experience rating, and that base tax rate can range from
  • year's employer tax rates.
  • We have, and this is due in part to our low taxable wage base and also to our low tax rates.
  • The base tax rates are much lower than other states as well.
  • tax rate.
Summary: The Commission on Unemployment Compensation met, established a quorum, and elected Delegate Destiny LeVere Bolling as chair and Senator Mike Jones as vice chair. The commission also adopted its electronic meeting policy and heard introductions from new members, staff, and officials from the Secretary of Labor’s office and the Virginia Employment Commission (VEC). Secretary Jessica Lumen outlined the administration’s workforce and labor priorities, including supporting workers, employers, and program transparency, while members raised concerns about business climate, job losses, labor participation, and the implementation of paid family and medical leave. Staff provided legislative updates on recent unemployment-related bills. These included increases to the weekly unemployment benefit amount enacted in 2025 and 2026, a bill on labor dispute disqualification that changed how lockouts are treated for benefit eligibility, and a budget item providing $75,000 for actuarial support to the commission. The commission also discussed the 2025 work group on annual adjustments to weekly benefit amounts; staff reported that the work group did not complete its charge, and members agreed to revisit whether to reconstitute it at a future meeting. Delegate Martinez expressed support for continuing the work, and the chair said the issue would be taken up at the next meeting. Deputy Commissioner Joanna Darkus gave a detailed presentation on Virginia’s unemployment insurance system, including current claims data, eligibility rules, employer tax structure, benefit levels, trust fund solvency, fraud prevention, and customer service operations. She reported that Virginia’s unemployment rate remains low, weekly claims are modest, the current weekly benefit range is $160 to $478, and the trust fund balance factor is projected at 50.9 percent, near the threshold for additional employer charges. Members asked about the taxable wage base, trust fund solvency, the effect of benefit increases, fraud controls, and the planned paid family and medical leave program. VEC said it is implementing that program through regulations, staffing, IT procurement, public listening sessions, and consultation with other states. A public commenter from the Virginia Poverty Law Center urged the commission to strengthen state investment in unemployment insurance and warned that federal support is uncertain. The commission then adjourned without taking further action.
TX

Texas 89th Regular

Intergovernmental Affairs Aug 22nd, 2025

Intergovernmental Affairs

Transcript Highlights:
  • So they should be happy with the bill; it's based on the inflation rate.
  • equal to the product of the population growth rate and the inflation rate.
  • We're not raising our tax rate; we deliberately keep our tax rate down.
  • You've never raised the rate; there is no fixed rate.
  • generated by our M&O rate.
Bills: HB26, HB73, SB 14, HB46
AR
Transcript Highlights:
  • Should we look at poverty rate requirements and expanding it and open up Reimbursement rates.
  • Providers in our state. 1,700 of those are center-based and 193 are home-based.
  • where we're leaving out our home-based and center-based programs. ...where we're leaving out our home-based
  • And what the difference is between school-based and center-based and home-based?
  • So we actually have more providers now with the new rates than we did under the old rates.
Summary: The committee met to review the minutes and then held a workshop-style discussion with Arkansas Department of Education early childhood officials about the state’s early learning programs, funding, and access. Officials explained that the state-funded ABC program has been largely flat for years, rising from $11 million to about $14 million in 2018, while the federally funded SRA/CCDF side is much larger. They described differences between the programs, including ABC’s 10-month school-year structure, current enrollment of about 23,000 children in ABC and about 14,871 in SRA, and a SRA wait list that has grown to roughly 2,971 children. Members raised concerns about rural access, school-based versus community-based providers, reimbursement rates, and the need to align early childhood funding with K-12 and kindergarten readiness goals. A major topic was the recent $14.741 million PDG B-5 competitive grant. Officials said it is a one-year systems-building grant, not a direct services grant, and will support local leads, CLASS observations, workforce efforts, and data systems while helping offset some costs that otherwise would have been paid through CCDF. Members also discussed the end of a federal pre-K funding stream in June, with children either moving into ABC slots or requalifying for SRA, and the state’s new enrollment-based payment approach, which officials said saved about $576,000. The committee also heard that the current cost-of-care study is about three years old and that a new market-rate survey is being planned. Several members questioned dual enrollment in home visiting/HIPPY and ABC, with officials saying about 1,200 children are enrolled in both and that limiting double enrollment could save about $2.4 million and affect roughly 470 children. Members also asked about provider closures after rate changes; officials said eight providers cited funding as a reason for closing, while 26 new providers have been added under the new rates. The discussion ended with broad agreement that the committee should continue regular updates, keep providers and families informed, and explore policy changes, waivers, and possible state investments to improve stability, access, and quality in early childhood education.
KY
Transcript Highlights:
  • <00:19:38.040> plus<00:19:38.400> base move us away from that base plus base move us
  • <00:19:56.840> but about base plus and base minus but about base plus and base minus but really
  • base and out just a pure outcomes based base and out just a pure outcomes based and<00:23:50.200
  • . rate. rate.
  • their base. their base.
Keywords: 958, all
Summary: The House Postsecondary Education Committee held its first-ever meeting and first meeting of the session, with Chairman Tipton outlining committee procedures, attendance rules, and the process for submitting committee substitutes. After a roll call confirmed full attendance, the committee heard a presentation from Senator David Givens on the history and purpose of Kentucky’s performance-based funding model for postsecondary education. Givens said the model was created to replace an older “shares” approach that distributed funds based largely on prior-year allocations, and argued the new system better aligns funding with student success and the state’s long-term educational attainment goals. Council for Postsecondary Education President Aaron Thompson and CPE staff then explained the model in more detail. They said the system was designed to address long-standing funding disparities among institutions, reward outcomes such as degrees, credit-hour progression, and completion in high-demand fields, and support the state’s “60 by 30” goal of having 60% of Kentuckians hold a postsecondary credential by 2030. Thompson said Kentucky is now at 56.2% attainment, above the national average, and highlighted gains in graduation and retention rates, lower student borrowing, and improved completion outcomes. He also emphasized that the model is part of a broader strategy that includes affordability, adult learners, low-income students, and wrap-around support services. CPE staff described the work group process that developed and periodically revises the model, noting that the General Assembly created the framework in House Bill 303 and later enacted Senate Bill 153 and Senate Bill 191 to codify changes. They explained that in 2016 the legislature carved out about 5% of institutional budgets, roughly $43 million, to be redistributed through the new model, and that the model has been reviewed every three years with changes made each time. Recent revisions included increasing the student-success weight, adding a premium for low-income students, creating a premium for adult learners, and redefining underrepresented students as first-generation college students. No votes were taken at this meeting, and the committee adjourned after the informational presentation and discussion.
AR
Transcript Highlights:
  • We'll start with university-based alternative programs, followed by non-university-based alternative
  • So statewide, the average teacher retention rate was 87%. advantages.
  • They were also asked to rate programs for retaining teachers.
  • The first one is based on the annual studies.
  • and alternative not IHE-based.
Keywords: 1204, all
Summary: The committee first received a presentation from Legislative Audit on Arkansas Department of Education grant distributions for fiscal year 2025. Auditors explained the report summarizes $4.6 billion in grants to school districts, charter schools, education cooperatives, and other entities, with most funding coming from the Public School Fund and federal sources. Members asked about specific recipients and programs, including ClassWallet, master principal bonuses, Economics Arkansas, and CDC surveillance grants. Department of Education staff clarified that the audit report only shows distributions, not how recipients ultimately used the money, and noted that some funding declines reflected the end of one-time federal COVID relief dollars. Senators also asked about the special-language appropriation for Economics Arkansas and the use of public school fund revenues. The committee then heard a Bureau of Legislative Research presentation on Consumer Price Index projections from Moody’s Analytics and S&P Global, followed by a detailed adequacy-study update on teacher recruitment, retention, and salaries. The teacher report covered teacher counts, education levels, experience, shortages, preparation pathways, licensure exceptions, survey results, and salary trends. Key findings included about 32,800 teachers statewide in 2025, an average retention rate of 87%, and 30% of surveyed teachers saying they were considering leaving the profession. The report also noted shortages in special education, math, science, and other areas, growth in alternative preparation pathways, and the phaseout of several licensure exceptions under Act 304 of 2025. Members asked extensively about survey methodology, teacher satisfaction, preparation for classroom environment and special education, the cost and return on investment of alternative licensure routes, and whether exit-interview data exists statewide. The presenters said they could follow up on several questions, including details on alternative programs, incentives for ESL and special education endorsements, and comparisons to other surveys. On salaries, the report said the statewide average teacher salary in 2025 was $60,254, with districts averaging slightly higher than charters. Arkansas ranked 45th nationally on average salary in 2025, though 36th when adjusted for cost of living, and average district salaries had declined 8% in inflation-adjusted terms since 2016. Members also discussed the LEARNS Act minimum salary floor of $50,000, salary disparities among districts, and whether the state should focus more on retaining experienced teachers as well as raising starting pay.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • We'll let them use the minimum rate.
  • The actual loan amount is based upon a base rate that's set by the Office of Consumer Credit Commissioner
  • rate.
  • It's not just an interest rate.
  • are based on.
CA

California 2025-2026 Regular Session

Senate Energy, Utilities and Communications Committee May 12th, 2026

Energy, Utilities and Communications

Transcript Highlights:
  • You're modeling, okay, we accumulated this much from the rate base.
  • So in theory, if you got that from a different mechanism through... ...much from the rate base, it could
  • So it is that rate base that existed at the time of the covered wildfire.
  • For example, under Under current law, if it is deemed inappropriate for the rate base to bear the cost
  • We recognize the POUs do not have access to the wildfire fund and are solely reliant on their rate base
Keywords: 987, senate, all
Summary: The committee held the first of several informational hearings on the SB 254 Natural Catastrophe Resiliency Study, focused on wildfire risk, utility liability, and how to finance catastrophic losses. Chair Allen opened by describing California’s recent utility-ignited wildfires, the creation of the wildfire fund under AB 1054, and SB 254’s extension of that fund and requirement for a study. The California Earthquake Authority, as wildfire fund administrator, presented the report’s process and findings, emphasizing that the study was intended to be neutral and broad, based on extensive stakeholder outreach, and that the status quo is not working well for survivors, communities, ratepayers, insurers, or utilities. CEA’s report organized recommendations into three policy pathways: continued mitigation investment, more equitable allocation of catastrophe burdens, and expanded state roles in catastrophe financing. For utilities, the report discussed options such as setting a binding risk-tolerance standard, preserving safety certificate accountability, tying executive compensation more directly to safety, creating confidential reporting with safe-harbor protections, reforming utility liability including possible changes to inverse condemnation, limiting damages, reducing insurance subrogation, and creating a fast-pay facility for survivors. The financing analysis compared a more durable wildfire fund, risk transfer/reinsurance, liability reforms, and state-backed mechanisms such as a state insurer, a state backstop, and broader funding for community wildfire mitigation. The CPUC said wildfire mitigation oversight has improved, but wildfire-related costs are driving electricity bills higher and creating an affordability crisis. The Office of Energy Infrastructure Safety highlighted its wildfire mitigation plan review and field inspections, and recommended stronger safety reporting and more safety-weighted executive compensation. In member discussion, senators and assemblymembers focused on the cost of the status quo, whether the burden should be shared by ratepayers, utilities, the state, or other parties, and whether California should consider broader disaster-financing approaches. Several members raised concerns about inverse condemnation, the pace of survivor compensation, local land-use responsibility, and the need for a more comprehensive statewide solution rather than piecemeal bills. No votes or formal actions were taken; the hearing was informational only.
LA

Louisiana 2026 Regular Session

Finance May 27th, 2026

Finance

Transcript Highlights:
  • Based on Zach Daniels, Louisiana District Attorney's Association, based on what I believe was your floor
  • Based on Zach Daniels, Louisiana District Attorney's Association, based on what I believe was your floor
  • And the only way you would get that lower rate or that $1.13 rate that you see on the actual sign that
  • , and after that, repriced the same claims at the proposed rate, the increased rate, and they compare
  • Because if you were to compare, if you were to raise the rates for ASCs up to those hospital rates, the
Summary: The Finance Committee met on May 27, 2026, with six members present and took up a series of House bills, most of them dealing with education funding, criminal justice staffing, transportation, health care access, and economic development. HB 325 was reported favorably after testimony that it would expand TOPS eligibility by allowing dual-enrollment credits to satisfy eligibility criteria and by making part-time students eligible for TOPS Tech, with supporters saying the program has been underused and the change would help working students. HB 719 was amended and reported favorably to increase assistant district attorney positions in various judicial districts; the Louisiana District Attorneys Association said the changes were based on workload data and local input, and members discussed the need to coordinate any expansion with public defender funding. The committee also reported HB 749 favorably, which would move Louisiana’s 529 savings accounts to a more secure online platform after a cyber incident, and HB 1028 favorably, which concerns transportation reimbursement for providers and was described as already subject to appropriation. Several bills focused on food access and local economic development. HB 1222, the Grocery Initiative Act, was reported favorably to let LED use existing grant resources to map food deserts and develop a program, with members noting it could return for funding later if needed. HB 1194 was amended and reported favorably to define food deserts and direct the LSU AgCenter and the Department of Agriculture and Forestry to identify and map them, with authors emphasizing it was a study and not a government-run grocery program. HB 755, which would create IDIQ contracting for architects and engineers on smaller state projects, was reported favorably with no fiscal impact. HB 823, a local diversion pilot for Orleans Parish, was also reported favorably after the fiscal note was revised to remove state impact and reflect only local costs. The committee spent substantial time on HB 488, a proposal from Plaquemines Parish to use severance-tax revenue to help buy out a private toll concession on the parish’s bridge. The author and local officials described severe toll burdens, economic harm to local businesses, and what they called an unfair contract, but members noted the bill was not funded and ultimately deferred it without a motion. HB 797, the Bayou Gold/Louisiana Sound Money Act, was amended to make implementation subject to appropriation and then reported favorably. The committee also took up HB 198, which would raise Medicaid reimbursement for ambulatory surgery centers for certain outpatient procedures; after extensive discussion about fiscal notes, access to care, and potential long-term savings, the bill was amended to narrow its scope and make implementation subject to appropriation, then reported favorably as amended. The meeting ended with the chair noting it would be the committee’s last meeting and asking members to spread the word.
FL

Florida 2026 5th Special Session

Rules Apr 8th, 2025

Transcript Highlights:
  • The Supreme Court benchmarked the interest rate to the Wall Street Journal prime rate, which today is
  • 7.5 percent, which is a lending interest rate, and much higher than the Fed Funds rate, which today
  • is at 4%, but also... if the Fed funds rate is at 4%, but also it could be higher based on other like
  • The comparability rate allows for a higher rate than that.
  • And I actually hear in the bill analysis it says most states that have a safe harbor rate have rates
Summary: The committee considered a long agenda of bills, with most measures reported favorably after brief sponsor presentations, amendments, and roll calls. Early bills included SB 658 on lien waivers/releases, SB 736 on Brownfields redevelopment, SB 1002 on utility service restrictions, SB 1132 on right-to-repair for certain equipment, and SB 1378 on restitution for leaving the scene of a crash involving property damage. Each was amended or discussed as needed and then approved by the committee. The committee also advanced SB 768 on foreign control interests in health care licensing, SB 772 on school diabetes management and access to glucagon, SB 1400 on removal of altered sexual depictions posted without consent, SB 1696 on prearranged transportation services, and SB 1374 on school district reporting requirements for educator arrests and misconduct. Several bills drew notable public testimony and debate. SB 1132 prompted strong support from the sponsor and agriculture interests, but opposition from equipment dealers, technology groups, and wireless industry representatives who argued the market already provides repair options and that the bill could harm dealer networks and security. SB 1730, the Live Local/affordable housing bill, received extensive discussion about parking reductions, height and density preemption, attorney’s fees, local government authority, and impacts on Monroe County and other areas; the committee adopted an amendment and reported the bill favorably despite concerns from some members and advocates about parking, due process, and local control. SB 606 on public lodging and food service establishments also generated significant debate, with opponents warning it could displace long-term guests and vulnerable families, while the sponsor said it clarifies transient occupancy and removes ambiguity in the removal process; the bill passed after the committee rejected a related amendment. Other measures advanced with less controversy. SB 576 updated service-of-process rules, and SB 1164 authorized email delivery of landlord-tenant notices if the parties agree in writing, though tenant advocates urged clearer safeguards and the sponsor said he was not yet committed to the House version. SB 940 prohibited the resale of restaurant reservations without consent and was supported by restaurant interests. SB 1690, allowing infant safety devices or “baby boxes” as a legal surrender option, drew emotional support from several witnesses who said it would provide anonymous, life-saving alternatives for mothers in crisis; the committee continued discussion into the latter part of the meeting. Throughout, the committee adopted several amendments, heard both support and opposition from industry, advocacy, and local-government witnesses, and reported the discussed bills favorably by recorded vote.
AZ

Arizona 2026 Regular Session

02/09/2026 - House Health & Human Services

Health & Human Services

Transcript Highlights:
  • It covers all the bases.
  • And sometimes we do individualized contracts, sometimes we have their base rates, and if they have jobs
  • Sometimes if they have their base rates and if they have jobs, then we negotiate those.
  • What I don't know is whether or not United had underlying increased the base rates or adjusted.
  • Lussure, so your rate reimbursement rates went down.
Summary: The committee heard and acted on several health care bills. HB 2726 would require Access contractors to cover diagnosis and treatment of mild obstructive sleep apnea, including a new prescription tongue-stimulation device; supporters said it offers an effective, less burdensome alternative to CPAP and could improve adherence and outcomes, while Access was neutral and raised concerns about cost and bypassing its normal clinical review. The committee adopted the Bliss amendment and then approved HB 2726 as amended on an 8-4 due-pass vote. HB 2435 would create a pathway for internationally trained physicians to receive a provisional Arizona medical license, with a later amendment adding a four-year supervised rural practice requirement and automatic conversion to a full license if criteria are met. Supporters argued it would help address severe physician shortages in rural and underserved areas, especially for cardiology and other specialties, and several doctors testified about their experience and the need for more access. Opponents, including the Arizona Medical Board, said the state already has a case-by-case licensure process for foreign-trained physicians and warned the bill could weaken safeguards and allow insufficiently vetted applicants. After adopting the amendment, the committee approved HB 2435 as amended on a due-pass recommendation. HB 2958 would require Access to cover comprehensive dental care for pregnant women age 21 and older, with a $500,000 pilot program and reporting requirements. The sponsor and public health advocates said preventive dental care during pregnancy can reduce infections and improve maternal and infant outcomes, and the bill drew broad support from health and advocacy groups. The committee passed HB 2958 on an 11-1 due-pass vote. The committee also approved HB 2176, which changes criteria and timelines for health care institution licensing complaints and informal dispute resolution, with supporters saying it would improve transparency and predictability for hospitals while preserving enforcement authority. Finally, the committee heard HB 2447, which would bar insurers from paying certified registered nurse anesthetists less than physicians for the same anesthesia service; opponents argued it would interfere with contract negotiations and raise costs, while supporters said insurer reimbursement cuts are harming rural access and shifting costs to hospitals. The transcript ends during testimony on HB 2447, before any committee vote on that bill.
TX

Texas 89th Regular

Appropriations - S/C on Article III Feb 25th, 2025

Appropriations - S/C on Article III

Transcript Highlights:
  • s recommendations maintain 2425 rates.
  • The table also includes 2024-2025 base match rates. for each formula in the column on the right-hand
  • The recommendations also maintain the non-dynamic base match methodology and 2024-2025 base rates for
  • Graduation rate last year was 69%.
  • The base is home to the Air Force's largest training base and is the most diversified. in Air Education
Keywords: 1184, house, all