Video & Transcript Research : 'interest calculation'

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MN

Minnesota 2025-2026 Regular Session

Health Committee Meeting - 2026-04-28

Health Finance and Policy

Transcript Highlights:
  • So, well, that's interesting.
  • <01:27:15.920> how what extent uh how the calculate how what extent uh how the calculate how
  • <01:27:18.080> those cost of care is being calculated those cost of care is being calculated
  • mean by that is we um when we calculate mean by that is we um when we calculate data<01:31:22.000
  • <01:32:01.040> um to um uh uh calculate charity care. um to um uh uh calculate charity care
TX

Texas 89th Regular

Pensions, Investments & Financial Services Mar 3rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • So it's tough to find deposits, interest rates.
  • And the majority of those benefits just through compounding interest and returns over that long period
  • Previously, the plans that that we administered, the benefit was calculated based on years of service
  • Interest, pension plan is the same way, and so that's right now projected to save $11 billion.
  • Now, in the calculations that you did...
Keywords: 1184, house, all
MO

Missouri 2026 Regular Session

Budget Jan 20th, 2026 at 01:00 pm

Budget

Transcript Highlights:
  • There's really no other way to say this, but I made a calculation error in putting a budget out last
  • I’d be interested to just compare.
  • It'd be interesting to hear that analysis from a legal standpoint, but I'll save that for another day
  • That's interesting.
  • And the original, what I refer to as the engine of the formula, is one set of calculations.
Keywords: 959, house, all
NM
Transcript Highlights:
  • And so when you are looking at calculating a 4-year graduation rate for an alternative school.
  • And this is because of the way we calculate graduation rate based on SAUs.
  • Um, The capstone was really interesting.
  • Their pathway to what their interest is. Mr.
  • I am reteaching a lot of the algebra with simple, uh, calculations and, and everything else.
MA

Massachusetts 2025-2026 Regular Session

Senate Committee on the Census Jun 21st, 2026 at 09:30 am

Senate Committee on the Census

Transcript Highlights:
  • I found the topic of your hearing very interesting.
  • I would be interested to learn that information.
  • Those rates are also calculated against vacant units.
  • Calculated on all housing units, including vacant.
  • Yeah, no, that's super interesting.
Keywords: 995, all
Summary: The Senate Committee on the Census met on December 8 at 9:32 a.m. to examine the dynamics that drive census undercounts and overcounts, with testimony first from Joseph Salvo and then from Susan Strait of the UMass Donahue Institute. Salvo explained the Census Bureau’s two main evaluation tools: demographic analysis, which uses vital records, migration estimates, and Medicare data to produce a national benchmark, and the post-enumeration survey (PES), which compares a separate sample-based count to the census. He said the 2020 census showed a small national net undercount, but larger age- and race-based disparities, including the highest undercount among children ages 0 to 4, higher undercounts for men, substantial undercounts for Black, Hispanic, and American Indian/Alaska Native populations, and overcounts among some older and college-age groups. He also described how self-response, non-response follow-up, administrative records, proxy responses, and imputation affected data quality, arguing that proxies and imputation were especially weak and that outreach remains critical for 2030. Committee members asked Salvo to clarify the methods and error bands, the role of international migration estimates, and how the PES differs from the census address list and LUCA. He explained that PES is based on a separate sample of blocks and can add units within sampled blocks, but it does not measure units missed entirely from the original address list; LUCA matters because it improves that list before enumeration. He also discussed age heaping, duplicate responses among older adults, and why group quarters and COVID-related disruptions complicated the 2020 count. Senator Driscoll briefly interrupted to describe Randolph’s successful appeal of its 2020 count after an undercount in disability care homes, and Salvo noted that the post-census group quarters review helped correct some missed facilities. Susan Strait then focused on Massachusetts-specific results. She said Massachusetts’ 2020 count was strong overall, with population growth above the national average and a PES-based finding that the state was overcounted by 2.24 percent, though she emphasized that this did not mean all areas were accurately counted. Using demographic analysis, she said Massachusetts had an estimated 4.15 percent undercount of children ages 0 to 4, with the largest county-level undercounts in Hampden, Suffolk, and Essex, and she linked higher child undercounts to lower educational attainment and female-headed households. Strait also reviewed operational metrics showing that Massachusetts had relatively strong internet self-response, but that non-response follow-up relied heavily on household interviews, administrative records, proxies, and imputation in different counties. She highlighted higher proxy use in college-heavy counties such as Hampshire and Suffolk, and said counties with more minority residents were more likely to have population-count-only cases and other indicators of harder-to-count populations. The hearing ended with discussion of how these findings could inform outreach and census planning for 2030.
WA

Washington 2025-2026 Regular Session

House Environment & Energy Sep 29th, 2025

Transcript Highlights:
  • Normally, that would be calculated into someone's gross receipts that would be subject to the B&O tax
  • And the penalty fee that was enacted last session is subject to the calculation of the B&O tax.
  • So New Jersey was an interesting mention there.
  • But consumer choice, obviously, is of great interest to us.
  • In the interest of time, I won't bore you with the recycling system.
Summary: The committee held a work session on state environmental policy act (SEPA) implementation and carryout bags. Ecology staff Diane Buterak described the Clean Energy Programmatic Environmental Impact Statements (PEISs) completed for utility-scale solar, onshore wind, and green hydrogen, plus a new PEIS underway for sustainable aviation fuel. She explained that PEISs provide broad planning-level analysis to help developers and agencies avoid or mitigate impacts, but do not replace project-level review. Members asked about permitting timelines, greenhouse gas emissions from different hydrogen production methods, water use, agricultural land conversion, battery fire risk, and tribal consultation. Buterak said the PEISs identify potentially significant impacts and mitigation measures, including fire response planning, early tribal outreach, and agrovoltaics as an option for solar projects. EFSEC’s Amy Hofkimer then presented the transmission-facility programmatic EIS required by SB 5165 for 230 kV and higher transmission projects. She said the statewide review covers new lines and certain upgrades/modifications, analyzes impacts to water, cultural and tribal resources, habitat, and other areas, and uses general measures, design considerations, avoidance criteria, and sensitivity maps to guide siting and corridor planning. She said the final document would be issued in early October. Questions focused on reconductoring, tribal lands, scenic areas, and whether the review could affect existing lines crossing tribal lands. A Grant County planning director, Jim Anderson Cook, said Ecology’s PEIS would help with cumulative impacts for clustered solar projects, but noted tight local review timelines and the need for strong pre-application coordination, especially on cultural resource studies and decommissioning plans. Yakama Nation attorney Shona Leverett argued SEPA is only an assessment tool and said tribes face barriers from short comment periods, limited confidential tribal input, weak cumulative impact analysis, and challenges in the FSEC process; she urged better upfront developer diligence and more effective tribal coordination. Puget Sound Energy’s Sarah Leverett said the utility needs efficient and predictable permitting to meet clean energy mandates while maintaining reliable service and aging infrastructure. She described the scale of needed clean energy and transmission buildout, including a 10-year process for the Energize Eastside transmission rebuild, and said more consistent SEPA and PEIS processes could help. Members asked about future generation sources, reliability, and hydropower as a firming resource; she said PSE is pursuing an “all of the above” approach and would welcome more firm, dispatchable clean energy options. The committee then shifted to carryout bags. Staff Jacob Lipson and Tracy Taylor reviewed Washington’s bag law, its preemption of local ordinances, the current 8-cent charge, the scheduled increase to 12 cents, and the 2025 change delaying the 4-mil thickness requirement until 2028 while adding a temporary 4-cent penalty for thicker bags. Ecology’s Peter Lyon said the agency emphasizes education and complaint-based enforcement, has received 872 reports, and has not yet imposed any fines. Commerce’s Kirk Esmond summarized a WSU study finding fewer plastic bags distributed but more plastic by weight, and said Commerce and Ecology support keeping the 2.25-mil standard and not allowing thinner single-use bags again. Retail industry testimony from Brandon Housekeeper said grocers comply with the law but oppose the added 4-cent penalty and thicker-bag requirement, citing higher costs and confusion in the policy changes.
NH
Transcript Highlights:
  • the repeal of the interest and dividends tax.<00:26:58.400> Okay.
  • Uh, so we need to calculate that. Commissioner Step, did you have input? No.
  • Uh, so we need to calculate that. Uh, so we need to calculate that.
  • And so I'm hopeful that I could generate some interest in our positions from those folks.
  • And so I'm hopeful that I could generate some interest in our positions from those folks.
Keywords: 928, house, all
Summary: The Committee of Conference on HB 1 and HB 2 was called to order, and Legislative Budget Assistant Michael Kaine reviewed the working documents before the committee. He explained the compare report, the detailed change sheet, the HB 1 index, the HB 2 side-by-side, the surplus statement, and a revenue handout, noting that the committee would vote up or down on all detail-change items and that unresolved items on hold would be removed from the final bills. He also identified staff available to answer technical questions and noted that the committee would track the dollar impact of decisions as it proceeded. Members then turned to the revenue outlook, with discussion focused on the gap between the House and Senate budget positions. House members said their budget guidance was based on revenue estimates that were significantly below the governor’s proposal, and they discussed whether additional revenue could close part of the gap. Department of Revenue Administration Commissioner Lindsey Stepp presented updated revenue estimates based on May data, explaining the methodology and the ranges for fiscal years 2025, 2026, and 2027. She said business taxes were the largest source of uncertainty, with estimates reflecting current economic conditions, recent revenue performance, and a range of possible growth rates. Committee members questioned the assumptions behind the business-tax ranges, including why the low and high scenarios were set at 2% and 8% growth. Stepp said the range was based on historical performance and current economic factors such as inflation, tariffs, and business behavior, and she noted that June is a major estimate-payment month for business taxes. Members also discussed recent revenue trends, including the effect of tariffs and the possibility of federal tax policy changes affecting repatriated profits. The commissioner and House members also discussed other revenue sources, including rooms and meals and real estate transfer taxes, with the House side arguing that lower mortgage rates and home prices could increase real estate transfer revenue. No votes were taken in the portion provided, but the committee discussed possible upward adjustments to House revenue assumptions, including increases of roughly $70 million in total based on the updated outlook and additional insurance-related revenue.
NH
Transcript Highlights:
  • It has, for the purposes of this calculation, that section, which is removed from current law, still
  • <00:09:52.320> for was not included in the calculation for was not included in the calculation
  • That's a math calculation.
  • That's a math calculation.
  • <00:39:14.760> of um a restriction that calculations of um a restriction that calculations
Keywords: 928, house, all
Summary: The committee reviewed selected House Bill 2 provisions, focusing first on the group two pension reform language and whether it matched prior legislation and the fiscal note. Members discussed two main issues: the treatment of extra and special duty pay in the pension calculation for employees hired before 2011, and the annuity multiplier after 15 years of creditable service. Several members said the HB 2 language was intended to restore prior law and protect against pension “spiking,” while others worried the draft and fiscal note may not have fully reflected current law, potentially affecting the cost estimate. The discussion repeatedly emphasized the need to avoid underfunding or double counting and to make sure Finance had the correct actuarial assumptions. No vote was taken; the committee agreed to flag the issues for Finance and to clarify the fiscal note. Members also discussed the vested-rights language, which was described as an explicit definition of vesting and a restriction on future legislative changes to compensation calculations after three years of service. Some viewed it as a policy protection with no immediate fiscal impact, while others noted it had been included in prior legislation and should be clearly understood before the bill moved forward. The committee also briefly referenced prior pension legislation, including House Bill 436 and House Bill 727, and noted that HB 2 was being used to carry forward related pension repair provisions. The committee then turned to an OPLC-related section transferring building, plumbing, electrical, and fuel gas inspector positions from OPLC to the Department of Safety’s Fire Marshal’s office. Testimony explained that the nine inspector positions are funded from the licensing fund, and that the move was justified as a public-safety function better aligned with the Fire Marshal’s mission because the inspections are statewide code-enforcement work rather than facility-specific licensing work. The discussion ended with a note that the remaining HB 2 changes run through 2034 and a brief announcement about memorial arrangements for C.J. Gerard.
KY
Transcript Highlights:
  • invest. and two, uh, short-term interest invest. and two, uh, short-term interest rates<00:08:31.039
  • high level of interest income. high level of interest income.
  • Uh, one quick point of interest.
  • Uh, one quick point of interest.
  • interest income for the general fund. interest income for the general fund.
Summary: The committee first established a quorum, approved the July minutes, and recognized Jennifer Hayes of the Department of State Budget Director for her retirement and long service. Secretary Hicks then presented a review of fiscal year 2025 closeout for the general fund and road fund, explaining that the general fund ended with a $313 million surplus and the road fund with a $61 million surplus. He attributed the general fund result to strong corporate income and LLC tax receipts, investment income, and lower-than-budgeted spending, while noting that individual income tax and sales tax underperformed estimates. He also described how the general fund surplus was allocated, with $62 million used for necessary government expenses and $251 million deposited into the budget reserve trust fund, which remained at historically strong levels. For the road fund, he said the surplus would be deposited into the Department of Highways construction account, and he highlighted record motor vehicle usage tax receipts despite lower motor fuels tax revenue due to a rate decline. Members asked questions about the pass-through entity tax, delayed filing deadlines, THC beverage sales, and income tax collection from undocumented workers. Hicks said the pass-through entity tax remains difficult to model because of timing issues and the first year’s unusual filing pattern, and that staff are still working with the Department of Revenue and other states to improve forecasting. He said the delayed filing deadline likely would not require a major restatement and that any related receipts would still be counted in fiscal 2026. On THC beverages, he said the issue would be considered in the next forecasting cycle. On the undocumented-worker question, he said withholding may capture some of the revenue but referred broader collection efforts to the Department of Revenue. The committee then shifted to an overview of the federal reconciliation act’s potential impact on the next biennial budget, with Hicks and Commissioner Lisa Dennis focusing on Medicaid and SNAP. Hicks said the Congressional Budget Office estimated roughly $900 billion in federal savings over 10 years, driven in part by work or community engagement requirements for the Medicaid expansion population and limits on state-directed payments. He emphasized that CMS still must issue regulations to define how the state-directed payment reductions will be calculated, making the exact fiscal impact uncertain. He referred members to a prior Medicaid Oversight Advisory Board presentation for more detail, and the discussion remained informational with no votes or formal actions taken on the federal changes.
NM
Transcript Highlights:
  • So we calculated and we're asking for 7 million, 7.751 million.
  • Actually, it's kind of an interesting model...
  • That kid right there is interested. How much more can we do?
  • But really interested, sort of on that, creating more value... B U M N M H M N M...
  • Are we paying 15% interest on a 100 million loan? We're not.
Keywords: 996, all
AR
Transcript Highlights:
  • It just seems a little interesting that we vote on something, but we can't ask questions about it before
  • And this total award each year is calculated considering several factors.
  • And we'll discuss how that amount is calculated a little bit later in this presentation.
  • But the matrix calculates a per-student funding rate based on the cost of personnel and other resources
  • contribution rate noted here as the all-other personnel health insurance line will no longer be calculated
Summary: The House and Senate Education Committee first approved minutes from February 2 and 3, then heard an interim study proposal on Arkansas adult education and the Excel Center model, presented by Goodwill Industries of Arkansas and the University of Notre Dame’s Lab for Economic Opportunities. Witnesses argued that about 300,000 Arkansas adults lack a high school diploma or GED and described the Excel Center as a diploma-granting public charter option for adults 19 and older, with wraparound supports such as child care, transportation, tutoring, life coaching, and career services. They said the Arkansas campuses are not state-funded, highlighted growth in enrollment and graduation outcomes, and cited research showing improved employment, earnings, and reduced criminal justice involvement for graduates. Committee members discussed the role of Goodwill’s nonprofit mission, the need for multiple adult education pathways, and the relationship between adult education challenges and broader state efforts such as LEARNS and ACCESS. The committee then debated the interim study proposal procedure, including whether questions should have been taken before the vote. The motion to adopt the ISP passed, and members noted that the study would broadly examine adult education, GED testing, high school diplomas, charter schools, in-person adult education, and funding allocation. Several members asked for follow-up information on current adult education funding, the availability of Excel Centers, and the criminal justice study results. After that, staff from the Bureau of Legislative Research gave a detailed adequacy funding overview for Arkansas K-12 education. They reviewed national funding principles and then explained Arkansas’s revenue streams and distribution system, including general revenue, the Educational Excellence Trust Fund, the Educational Adequacy Fund, local property-tax revenues, and facilities partnership funding. They also walked through the state’s foundation formula, categorical aid, supplemental aid, and additional funding, including the per-student matrix amount of $7,771 for 2025 and how funds are allocated to districts and charters. Members asked about student support staff, special education high-cost occurrences, ALE funding, teacher salary equalization, and the Excel Center’s treatment in funding totals; staff said some of those questions would be addressed in a later spending presentation. The meeting ended after the committee was told the department was present mainly to answer questions and no further business remained.
TX

Texas 89th Regular

Appropriations Feb 19th, 2025

Appropriations

Transcript Highlights:
  • We can calculate what the impact of that would have been. Yeah, I'm just a little bit curious.
  • The compression percentage is calculated based upon the overall growth of values. from year zero to year
  • Homestead exemption, but the values that we had at the time to do the calculation were $40,000 values
  • big cause of the difference was the timing of bill implementation. and the timing of data used to calculate
  • Do you foresee any changes in that in that calculation at all?
Keywords: 1184, house, all
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 03/18/25

Taxes

Transcript Highlights:
  • <00:09:36.079> for<00:09:36.320> the out and that Aid was calculated for the out and
  • that Aid was calculated for the implementation<00:09:37.160> at<00:09:37.399> administration
  • <00:51:14.960> land development however interested land development however interested land
  • AMC is an organization representing the collective interests of all Minnesota's 87 counties.
  • As is my usual practice, I'm only interested in testifiers who oppose something.
Keywords: 1187, senate, all
FL

Florida 2026 5th Special Session

FL House Floor Session - 2026-06-02 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • And remember, there's competing interests.
  • And remember, there's competing interests.
  • calculator. But wasn't that already done? So what, do you know what money source paid for that?
  • Our time together has been more than interesting.
  • May you all continue to live in interesting times. God bless you. Thank you. Thank you.
Summary: The House took up the special order calendar for a proposed constitutional amendment on property taxes, CS/HJR 1F, which would create a new homestead exemption for non-school taxes, lower the annual assessment cap on non-homestead property, and restrict how counties and municipalities may use ad valorem tax revenue. The sponsor, Rep. Overdorf, said the measure would give homeowners tax relief and argued local governments could adjust spending or use other revenue sources. Opponents repeatedly questioned the ballot language, the lack of a fiscal estimate or backfill, and the potential impact on local services, public safety, and debt obligations. The House adopted the special order report and then debated the resolution and a series of amendments. Several amendments were offered to carve out or protect specific services from the tax changes. Rep. Bartleman’s amendment to protect Children’s Services Councils and Children’s Trusts was supported by members who said those entities fund early learning, mental health, aftercare, and other services for children and working families, but it failed 25-74. Rep. Cross offered an amendment to include water management districts in allowable ad valorem uses, warning of impacts on flood control, water quality, Everglades restoration, and water supply; that amendment also failed. Rep. Eskamani offered an amendment requiring the Legislature to backfill public safety funding if local revenues fall, arguing police and fire services, staffing, and response times would be at risk; it failed 25-71. The chamber then rejected Rep. Woodson’s amendment to require state backfill for senior services, with supporters citing Meals on Wheels, transportation, adult day care, and other local senior programs, and opponents saying the proposal was outside the bill’s scope. Finally, Rep. Gant offered an amendment to protect veteran services, saying local governments fund housing, mental health, transition, and family support programs for veterans; debate emphasized the importance of honoring veterans and avoiding cuts to those services. The transcript cuts off during debate on that amendment, before a final vote is shown.
FL

Florida 2026 5th Special Session

Community Affairs Dec 9th, 2025

Transcript Highlights:
  • What's interesting is that we have a very broad range of interests that are now engaged on housing, much
  • And sometimes these calculations are that specific.
  • And sometimes these calculations are that specific.
  • This was really interesting.
  • This was really interesting.
Summary: The Committee on Community Affairs met with a quorum present and took up SB 122, which would repeal Chapter 205 on local business taxes while allowing municipalities to continue imposing a gross-receipts-based business tax on merchants. Senator Trumbull presented the bill for the sponsor, and committee members questioned what services local governments fund with local business tax revenue and whether the bill should be considered alongside broader property tax changes. County and city representatives opposed the bill, arguing that local business taxes are capped home-rule revenues used for general fund services such as public safety, zoning and licensure checks, economic development, and business support, and warning that repeal would shift costs to residential taxpayers and reduce local flexibility. Senator Shreve said he would vote no because of ongoing property tax discussions, while Senator Pizzo said he would support the bill but wanted clearer accounting of how the revenue is spent. The committee voted 5-1 to report SB 122 favorably. The committee then held a housing panel discussion focused on Florida’s housing shortage, affordability, and supply constraints. Dr. Samuel Staley said Florida is in a housing crisis driven largely by insufficient supply, arguing that the state needs roughly 100,000 additional units per year just to keep up with in-migration and that local planning systems often do not prioritize housing enough. He urged more emphasis on measurable impacts, streamlined permitting, accessory dwelling units, smaller lot sizes, and other market-responsive tools. Ann Ray of the Shimberg Center said Florida is seeing more single-family and multifamily construction but that production is concentrated in a handful of counties, while condo construction remains limited; she also noted that rents and home prices spiked sharply in the early 2020s and remain above pre-2020 levels, with nearly 905,000 low-income renters cost-burdened. Leslie Deutsch of John Burns Research said the national housing market is slow, Florida has a severe affordability problem, and builders are lowering prices and offering incentives but still face high land, labor, materials, and insurance costs. In committee discussion, senators focused on whether Florida should encourage more density, including townhomes, build-to-rent products, modular housing, and redevelopment of existing sites rather than relying on large new subdivisions. Members also discussed the role of local zoning, impact fees, density bonuses, and state incentives tied to housing targets. Several senators said Florida’s growth and affordability challenges require updating land development codes and planning for where future residents will live without overbuilding rural or environmentally sensitive areas. The chair closed by emphasizing that density can support affordability and that Florida should use existing footprints more efficiently.
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 02/05/25

Taxes

Transcript Highlights:
  • Since I chose to pay back the required amount, my pension annuity was calculated using a factor of 26
  • Since I chose to pay back the required amount, my pension annuity was calculated using a factor of 26
  • It take it with you and be interesting.
  • state agency but it's a very interesting state agency but it's a very interesting it's<01:50:49.520
  • Very early, so we are very interested in this topic, so please continue.
Keywords: 1187, senate, all
NH

New Hampshire 2026 Regular Session

House Finance (04/13/2026)

Finance

Transcript Highlights:
  • And I don't believe that a lot of the departments have a good way of calculating laps, and I'm hoping
  • that putting this report out there will encourage the system to do a better job at calculating what
  • that data but this bill from calculating that data but this bill from what<00:28:56.799> I<00
  • <00:39:44.240> And assumptions are in the calculations.
  • And assumptions are in the calculations.
Keywords: 1189, house, all
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Thursday, June 25, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • Housing affordability, sensitivity to interest rates.
  • And now interest is the second biggest expense in our government.
  • Interest will be our number one expenditure.
  • And that means interest rates go up. So let’s...
  • We calculated it at 6.9% of our spending.
MN

Minnesota 2025-2026 Regular Session

Legislative Budget Office Oversight Commission 1/22/26

Minnesota House Floor Meeting

Transcript Highlights:
  • :29.920> of<00:15:30.000> the you're interested in kind of the you're interested in kind
  • it's cited for why um sometimes interest it's cited for why um sometimes interest in<00:21:32.720
  • Um, this is very interesting.
  • But in this case, um, they calculated But in this case, um, they calculated the<00:23:41.520>
  • , that uh I've got a particular interest, that uh I've got a particular interest, I<00:35:39.280>
Keywords: 919, house, all
Summary: The Legislative Budget Office Oversight Commission met on January 22, 2026, with a quorum present and approved the minutes from the December 17, 2025 meeting. The main presentation was by Erikica McKeler of the National Conference of State Legislatures on dynamic fiscal notes, dynamic scoring, and how they differ from static fiscal notes. She explained that dynamic analysis tries to capture broader economic and behavioral effects of policy changes, but that most states have experimented with it only briefly, often for tax bills, and many have later scaled back or abandoned the practice because it is staff-intensive, expensive, and difficult to validate. McKeler highlighted examples from Texas, Utah, and Arkansas. Texas requires dynamic fiscal impact statements for certain large tax or fee measures and for the biennial appropriations bill; Utah has done such analyses on request during the interim but only when staff time allows; and Arkansas recently began producing dynamic fiscal notes with thresholds and request limits. She noted that these states generally use REMI software, though Utah switched to IMPLAN for cost reasons. She also outlined common challenges, including the need for strong staff expertise, the sensitivity of results to assumptions, the expense of software licenses, and the difficulty of measuring accuracy over time. Members then discussed whether dynamic scoring could be useful for health and human services programs where a policy may shift costs between settings rather than create a simple new expense. Senator Marty raised a Medicaid example involving home-based blue light therapy for newborns, arguing that dynamic analysis might better capture potential savings from avoiding longer hospital stays. Legislative Budget Office and Minnesota Management and Budget staff responded that such effects may be better understood as direct program substitutions rather than true dynamic effects, and emphasized the need for reliable data and caution because savings estimates could reduce appropriations if they do not materialize. The discussion also touched on whether dynamic models would capture local government impacts, but no formal action was taken beyond the approval of minutes and receipt of the presentation.
ND

North Dakota 2025-2026 Regular Session

House Appropriations - Human Resources Division Apr 9th, 2025 at 03:00 pm

Appropriations - Human Resources Division

Transcript Highlights:
  • And then in the calculation, it looks like Lonnie, in the calculation submitted, It shows it would be
  • I was hoping to wait as long as I can, so those funds stay in North Dakota to earn interest.
  • I don't get the interest, you do, but I can pay the invoice at any time. So.
  • It's been an interesting afternoon, committee.
  • It's been an interesting afternoon, committee.
Keywords: 908, all
Summary: The committee took up Senate Bill 2025, the Veterans Home/Veterans Affairs budget, and worked through the long sheet line by line. Members discussed base payroll, salary and health insurance increases, FTE pool adjustments, IT rate increases, operating expenses, transportation grants, the PTSD service dog program, salary equity requests, temporary help/intern funding, a Veterans Benefit Specialist FTE, accrued leave, and several one-time or carryover items including the Fisher House, document scanning, and veterans medical transportation. The committee also reviewed proposed policy language that would shift governance authority for the Veterans Home and Department of Veterans Affairs from the Administrative Committee on Veterans Affairs to the governor, and would remove board authority over salary-setting and related hiring powers. A major portion of the meeting focused on clarifying the commissioner salary equity line and how the agency had shifted operating dollars to fund the commissioner’s current salary increase. After discussion with agency staff and Lonnie, the committee voted to remove the separate commissioner salary equity increase line and instead restore operating funding, ultimately setting the operating line at $50,000 above the prior amount rather than fully funding the executive request. The committee also approved funding for the Veterans Benefit Specialist FTE, approved a carryforward/exemption for accrued leave, approved authority to accept $200,000 in federal transportation grant funds, approved the $500,000 transfers related to veterans homelessness, and approved the exemption language for certain federal/state fiscal recovery funds after discussing whether the funds were properly obligated. On the governance amendment, members expressed concern about making a major policy change in an appropriations bill, but also frustration over the board’s salary actions. After debate, the committee adopted the amendment transferring governance authority to the governor by a 7-1 vote. The committee also approved a smaller amount for veteran service officer salary equity than requested, and rejected funding for temporary salaries and an intern. The chair then directed staff to prepare the amended bill for further action, with the committee planning to revisit it once the revised version was ready.