Video & Transcript : 'vehicle value' :

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VT

Vermont 2025-2026 Regular Session

Senate Session - 2026-05-01 - 11:30AM

Vermont Senate Floor Meeting

Transcript Highlights:
  • That started because how do you put a value on the State House?
  • Most other property is done on resale value, market value.
  • Most other property is done on resale value, market value.
  • gaining worth and value over time.
  • And gaining worth and value over time.
Keywords: 927, senate, all
NH

New Hampshire 2025 Regular Session

Fiscal Committee (02/21/2025)

Transcript Highlights:
  • Cannon is in a very strong position as it relates to value for price paid right now.
  • </c> also maintaining our position as a value also maintaining our position as a value leader<00:33:52.840
  • for price paid of the products we value for price paid of the products we asked<00:34:53.560><c> that
  • for price paid right relates to value for price paid right now<00:35:05.440><c> we</c><00:35:05.880>
  • </c> mountain um they view it as a good value mountain um they view it as a good value and<00:35:24.599
Keywords: 928, house, all
Summary: The Fiscal Committee met on February 21 and first approved the January 30 minutes and the consent calendar, with item 2540 removed by the Department of Education and item 25057 set aside for discussion. The committee then took up FIS 25057, a Department of Transportation request tied to a federal grant for building information modeling and related data standardization across DOT systems. Transportation officials explained that the $2.405 million consultant-heavy request would connect surveying, design, construction, and asset management systems, improve efficiency and long-term asset tracking, and help the department catch up with other states. Several senators questioned the lack of immediate, quantifiable budget savings and the reliance on consultants, but the item was ultimately adopted. The committee next approved FIS 25054 for the Department of Health and Human Services after questioning a $16 million shortfall in the Children’s Health Insurance Program. DHHS explained the variance as a budgeting and accounting issue tied to separating CHIP from Medicaid managed care, pandemic-era continuous enrollment, and the new federal requirement for 12 months of continuous coverage for children. Members also approved a Cannon Mountain fee item, where park officials described a proposed price freeze for early-bird passes, a new in-season tier, and modest increases in off-season pricing, while noting operating cost pressures, strong snow conditions, and favorable customer value ratings. That item was adopted unanimously. The committee also approved the Department of Corrections item after discussion of staffing, retirement eligibility, overtime, and recidivism. Commissioner Helen Hanks said retirement-eligible staff had declined slightly, recruitment was improving, overtime hours were down, one housing floor had been closed because of lower population, and the department had reduced reincarceration by 8% over seven years, which she said produced substantial savings. The item was adopted. During informational items, the committee heard a Legislative Budget Assistant performance audit of the New Hampshire Commission for Human Rights. The audit found the commission inefficient and ineffective in processing complaints, with average case closure taking 840 days, significant backlogs dating back decades, expired administrative rules, weak management controls, disorganized and outdated procedures, unreliable data, and unresolved prior audit findings. The audit included 25 recommendations, two of which may require legislative action. Commission staff said they appreciated the recommendations and expected the additional resources from the prior budget cycle to help address the backlog and improve transparency and efficiency.
TX

Texas 89th Regular

Public Education Feb 25th, 2025

Public Education

Transcript Highlights:
  • Our next step's going to be to go in and start assigning value to those.
  • Value. is a two-sided proposition, value refers to the cost to get it, and then the ultimate economic
  • value that is to you and the workforce.
  • The second goal is to ensure students are graduating with credentials of value.
  • Employers clearly value one of those more than they value the other and so what we have begun proposing
Keywords: 1184, house, all
NH

New Hampshire 2025 Regular Session

Senate Election Law and Municipal Affairs (01/21/2025)

Election Law and Municipal Affairs

Transcript Highlights:
  • The value of the Shoreland maintained in its natural state is not limited to its function to mitigate
  • the</c><00:46:37.839><c> Shoreland</c><00:46:38.800><c> maintained</c><00:46:39.440><c> in</c> the value
  • of the Shoreland maintained in the value of the Shoreland maintained in its<00:46:39.920><c> natural
  • for property taxation based on value for property taxation based on what<00:47:32.640><c> I'm</c><00
  • of vegetated buffer when you're value of vegetated buffer when you're talking<00:55:34.119><c> no</c
Keywords: 1191, senate, all
CA
Transcript Highlights:
  • We increased the aggregate value of the credit.
  • over half a billion startups, Unicorn, first time California is eclipsed over a third of all U.S. value
  • And then we’re trying to increase the value of returns above that without taking additional risks, lower
  • And so, you know, the other elements of value drivers for us are going to be the one-fund approach that
  • Of value above our benchmarks.
Keywords: 988, house, all
AR

Arkansas 2026 Regular Session

JOINT BUDGET COMMITTEE Mar 4th, 2026

JOINT BUDGET COMMITTEE

Transcript Highlights:
  • We're trying to do our best to add value there.
  • I think there is a huge value to recruit these types of elite, competitive...
  • I believe they add a lot of value.
  • “There is also economic value to the institution, the state, and the region at large.
  • The news breaks, and my Christian values are offended.
Keywords: 1204, all
NM

New Mexico 2025 Regular Session

IC - Legislative Health and Human Services Oct 8th, 2025

Legislative Health & Human Services Committee

Transcript Highlights:
  • The other 34 states that would show us, I think it's a great idea, but show us the value of bringing
  • It's important to compare because that comparison gives market value to what we're doing as a state.
  • We are people who value, who have a value that everyone should be safe and able to show up as their full
  • Our values are crucial around our team.
  • We focused on what our family values. We also value protecting each other.
CA
Transcript Highlights:
  • So we do see a lot of value here. We see a lot of value for the student population.
  • We also think there’s a risk that employers won’t value a new and unfamiliar tool for this purpose.”
  • We're seeing the value to our students, to our system, and ultimately to the Legislature.
  • They also see the value in terms of being able to rely upon other districts, to rely upon the economy
  • So I would like to know whether they were best value or lowest bidder, and how are we going to track
Summary: The Assembly Budget Subcommittee on Education Finance held a hearing focused on California Community College budget proposals. Chair Alvarez opened by emphasizing the system’s role in access, transfer, workforce training, and serving more than 2 million students, while also noting persistent challenges in enrollment, persistence, transfer, and graduation. Public commenters and system representatives broadly supported COLA, enrollment growth funding, deferred maintenance, student support block grants, and additional flexibility for districts facing uncertainty. The first major panel covered the student-centered funding formula, COLA, and enrollment growth. The Department of Finance said the Governor proposes a 2.43% COLA ($230.4 million) and 0.5% enrollment growth funding ($30.4 million). The LAO said the COLA was reasonable and recommended funding at least the proposed growth amount, citing uneven enrollment recovery and regional differences. The Chancellor’s Office supported both proposals and asked for additional changes, including using the greater of current-year or three-year average for apportionments and lifting the 10% local enrollment cap, arguing these would better fund growing districts. Members questioned how the formula works, whether SCFF is improving outcomes, and how much additional funding would be needed under different growth scenarios. The committee then reviewed categorical program COLAs, Rising Scholars, career education proposals, IT proposals, and student housing. The Governor proposed a 2.43% COLA for selected categorical programs ($31.9 million). For Rising Scholars, the Governor proposed $30 million ongoing and removal of the cap on participating colleges; the LAO urged waiting for outcome data before doubling funding, while the Chancellor’s Office said the program is serving more students and supports equity for justice-impacted students. On career education, the Governor proposed $50 million for credit for prior learning and $50 million for a career passport; the LAO supported more reporting on credit for prior learning but recommended rejecting the career passport as too undefined, while the Chancellor’s Office supported both. On technology, the Governor proposed $162.5 million for a common cloud data platform and $168 million for a common ERP system; the LAO said both were premature or lacked sufficient planning and recommended rejection, while the Chancellor’s Office argued they would improve real-time data, security, and systemwide efficiency. The committee also heard an update on student housing: the administration said the 2024 shift to a lease-revenue bond model remains in progress for 13 approved projects, with 11 still active, and members asked about withdrawn projects and possible use of any returned funds. No votes were taken, and several items were held open for further discussion and May Revision updates.
FL

Florida 2025 Regular Session

January 14, 2025 - 01:00 PM

Transcript Highlights:
  • But the overall cost, the value of our market... Thank you so much.
  • But the overall cost, the value of our market... ...the cost of the value of our marketplace, what we
  • And so total insured value is not what your house is worth on Zillow. It's what the cost is...
  • And so total insured value is not what your house is worth on Zillow.
  • So as an agent, we're talking about value with our clients and the companies.
Summary: The subcommittee held its first meeting on homeowners property insurance, with members from both parties introducing themselves and repeatedly noting that insurance affordability, roof condition, claims handling, and storm recovery are top concerns for their districts. Chair Yeager said the meeting was intended as an educational discussion rather than a legislative debate, and introduced a panel that included Insurance Commissioner Mike Yaworski, consumer Chad Carr, agent Mary Catherine Lawler, insurer executive Melissa Burt DeVries, and policyholder attorney Chip Merlin. The panel and members discussed major cost drivers in Florida homeowners insurance, including inflation, home age, roof age, mitigation features, claims history, litigation costs, reinsurance, and the Florida Hurricane Catastrophe Fund. Commissioner Yaworski said underwriting has become more sophisticated and that litigation costs, reinsurance, and replacement-cost inflation all affect premiums; he also said litigation is down about 30% and average requested rate increases have fallen from about 22.1% in 2022 to 0.8% today. DeVries said age of home, replacement cost, roof age, and coverage choices can materially change premiums, and explained that reinsurance is a major expense passed through to consumers. Merlin emphasized transparency concerns, argued that insurers are increasingly individualizing risk, and said consumers often struggle with coverage limits, deductibles, and claim denials. Members asked about flood coverage, hurricane deductibles, managed repair programs, mitigation credits, new insurer capitalization, and whether savings from reforms are reaching consumers. Yaworski explained that flood is generally excluded from homeowners policies and covered separately, that hurricane deductibles are mandatory in Florida and usually around 5%, and that the office tracks savings from reforms through rate filings and insurer discussions. He said the state is updating mitigation discounts and monitoring new entrants closely for solvency and market conduct. Several members and panelists said recent reforms have helped reduce some abuses and litigation, but many consumers are still seeing higher premiums because replacement costs and reinsurance remain elevated. No votes or formal actions were taken.
LA

Louisiana 2026 Regular Session

Commerce May 11th, 2026

Commerce, Consumer Protection, and International Affairs

Transcript Highlights:
  • So basically, it will examine the value to Louisiana. ...to examine the value to Louisiana's citizens
  • You're talking about the value of this to Louisiana?
  • And so the first thing you look at for these systems is what is the value of the energy on the market
  • And so there are methods in order to value both the energy value that's brought to the grid by a distributed
  • But I mean, there's potential value there.
Summary: The House Committee on Commerce met on May 11, 2026, with a quorum present and took up a series of Senate bills, a resolution, and one House bill. The committee reported favorably Senate Bill 79 to recreate Louisiana Economic Development, Senate Concurrent Resolution 5 to establish the Louisiana-Ireland Trade Commission, Senate Bill 375 on firefighting foam with amendments clarifying use in declared emergencies, Senate Bill 398 moving manufactured and modular housing oversight under the Contractors Licensing Board with technical and substantive amendments, Senate Bill 163 on virtual currency business licensing with an amendment providing for federal preemption if Congress enacts a national licensing regime, and Senate Bill 287 on virtual currency kiosks with consumer-protection provisions and technical amendments. The committee also reported favorably House Resolution 197, as amended, urging the Public Service Commission to study distributed energy generation and storage resources with LSU involvement, and Senate Bill 54, which would allow estheticians to blow-dry hair after certain services; that bill drew extensive testimony from supporters and opponents in the cosmetology and aesthetics industries before being reported favorably. Several bills prompted detailed discussion and testimony. On Senate Bill 398, the sponsor and Contractors Licensing Board representatives said the change would improve enforcement and consumer safety for manufactured-home installation, especially tie-downs, leveling, and foundation blocking, while not affecting HUD-regulated construction. On the virtual currency bills, OFI said it currently licenses 37 virtual currency businesses with 33 pending applications, and supporters described the kiosk bill as a response to fraud complaints by requiring clearer disclosures, refund procedures, live customer support, and reporting to OFI. For House Resolution 197, the sponsor, PSC officials, and energy stakeholders said the study would examine the value of distributed energy resources, including rooftop solar and battery storage, in light of rising demand and grid reliability concerns; PSC staff and LSU energy experts described the study as focused on market value and avoided-cost benefits. House Bill 744, which would have shifted regulation of certain New Orleans utilities from the city council to the PSC, generated discussion about constitutional history, rate impacts, and utility consolidation. PSC officials and the sponsor said the current city-council regulation is a constitutional exception dating back to 1921, and they argued that PSC regulation could reduce costs and simplify oversight, but the sponsor ultimately moved to defer the bill rather than force a floor fight, and the committee agreed. The committee then began consideration of Senate Bill 386, the Louisiana Data Privacy Act, adopting technical amendments and then a larger amendment package that revised definitions and compliance provisions; the transcript ends while that bill’s amendment process is still underway, with no final action shown in the excerpt.
LA

Louisiana 2026 Regular Session

Insurance Apr 29th, 2026

Insurance

Transcript Highlights:
  • You know, I'm trying to figure out why we would just go to a value-based... ...out why we would just
  • go to a value-based pricing model.
  • I know he's not covered under the ERISA, but I'm saying your contract with your PBM, is it value?
  • Almost overwhelmingly, universally, they choose not to because value-based contracting saves money.
  • Because the only end result of banning value-based contracting is higher drug prices.
Committee: House Insurance
Keywords: 965, house, all
MO

Missouri 2026 Regular Session

Utilities Feb 25th, 2026 at 08:00 am

Utilities

Transcript Highlights:
  • He said there needs to be more work, clarification, and guardrails around the assessed value of that
  • The assessed value of property goes down when a solar project goes in adjoining it.
  • How much effect do the setbacks in various distances have on appraisal value of a neighboring property
  • have on appraisal value of a neighboring property. Do we have that data?
  • the ability for a large lease potential is the thing that reduces property values more than opening
Committee: House Utilities
Keywords: 959, house, all
NM
Transcript Highlights:
  • As a current MBA candidate, I understand the long-term value that this holds for the future of New Mexico
  • As a current MBA candidate, I understand the long-term value that this holds for the future of New Mexico
  • Is it valued... ...valued at current fair market value or the value of the land before the fire occurred
  • lands due to natural disasters, do they feel like they have no other alternative in reconciling the value
  • Now they have to pull it all out because they want to go get the monetary value of it, because it creates
Summary: The committee first took up House Bill 180, a disaster-funding measure that was amended with a substitute adding reporting requirements for the Natural Disaster Revolving Fund, creating a new funding “waterfall” that could draw first from the executive orders for disaster fund, then the appropriation contingency fund, and then the revolving fund, and removing language tied to the end of a fiscal year. The sponsor said the bill clarifies which disaster funds may be used for natural and non-natural disasters, limits and structures executive authority, and improves transparency. Supporters included the New Mexico Association of Conservation Districts and the Village of Ruidoso; DFA raised concern that the transfer language could unintentionally create a deficit and threaten bond obligations. After questions about non-natural disasters, executive orders, and the fiscal impact, the committee voted do not pass on the original bill and do pass on the committee substitute. House Bill 158, dealing with the Government Results and Opportunity Expendable Trust, was amended with a technical change replacing “expendable trust” with “program fund” in several places. The bill would require agencies receiving GROW appropriations to submit accountability and evaluation plans to the state budget division director and LFC director. Sponsors said they had worked with DFA and tried to address concerns raised in a prior veto message. There was no public opposition, and the committee approved the bill as amended. House Bill 271 proposed a one-time $100 million general fund appropriation to the Office of Natural Resources Trustees for public land expansion and restoration, plus up to $30 million for state matching funds for political subdivisions with approved federal disaster assistance. Supporters from outdoor recreation, conservation, wildlife, and local government groups said the bill would help restore fire- and flood-damaged lands, expand access, and support rural economies; opponents or skeptics raised concerns about land management, tax base loss, tribal consultation, and whether the state should acquire more land given New Mexico’s already high public-land percentage. After extended debate, the committee tabled the bill. Finally, House Bill 246 was heard as a Lincoln County/Ruidoso floodplain mitigation bill. It would provide state matching funds so local governments can leverage federal Emergency Watershed Protection dollars to buy out and rehabilitate repeatedly flooded properties, with the goal of reducing future disaster risk. The sponsor and county officials said the program is voluntary, based on pre-disaster valuation, and intended to help residents relocate while restoring floodplains; supporters from conservation and recreation groups said it could become a model for disaster recovery. Committee members asked about property priority levels, voluntary participation, ownership after acquisition, and climate-related planning. The discussion ended with the sponsor describing the bill as a Lincoln County-specific effort tied to ongoing flood recovery and forest-management concerns.
NM

New Mexico 2026 Regular Session

House - Consumer and Public Affairs Jan 22nd, 2026 at 01:59 pm

House Consumer & Public Affairs

Transcript Highlights:
  • These values call for everyone within our borders to be treated with dignity and humanity, regardless
  • New Mexico's ICE detention facilities have a dark history that reflects the violations of these values
  • That's not our New Mexico values. And we don't stand for that. And we will not stand for that.
  • We can build the future that reflects our values as New Mexicans and upholds these rights.
  • House Bill 9 is about New Mexican values with or without this administration.
Keywords: 996, all
WA

Washington 2025-2026 Regular Session

Senate Health & Long-Term Care Jan 20th, 2026

Transcript Highlights:
  • We can see the value of expanded collaboration between public hospitals and a conversation about that
  • So what that means is all of this comes out of policyholder value.
  • For example, 16% of the total dollar value of hospital claims were completely clean, meaning there's
  • Statewide data shows that while most claims are eventually paid, one-third of the total value of clean
  • I hope someday that the value of these individuals, and still today...
Summary: The Senate Health and Long-Term Care Committee heard testimony on several bills. SB 6159 would create a public hospital infrastructure account funded by a new annual coverage assessment on insurers and other businesses subject to the premium tax, and would allow public hospital districts and other public health entities to collaborate more freely and access capital financing for major construction or modernization projects. Senator Dhingra said the bill is intended to help public hospitals compete and modernize, especially amid federal Medicaid and ACA subsidy cuts. Supporters included UW Medicine, while hospital districts supported the general concept but said Section 2 could unintentionally narrow existing cooperative agreements with nonpublic entities. Health plans and insurers opposed the bill, arguing it would raise premiums, increase consolidation, and improperly sweep in property and casualty insurers and mutual companies; testimony also raised concerns about pass-through costs and retaliatory tax effects. The hearing on SB 6159 closed with 5 pro, 74 con, and 2 other sign-ins. The committee then heard SB 5845, which would modernize timely payment rules by requiring carriers and public employee plans to pay or deny all clean claims within 30 days, require prompt notice and a single request for additional information on incomplete claims, and impose interest or penalties for missed deadlines. Senator Slaughter said the bill would reduce uncertainty for providers and stabilize payments without increasing patient costs. Hospitals, physicians, and health systems strongly supported the measure, citing large volumes of late clean claims and examples of prolonged delays, including a Harborview claim that remained unpaid more than a year after billing. Health plans opposed the bill, saying the current 95% standard is workable, that they already meet high compliance rates, and that the bill could limit fraud, waste, and abuse review on high-dollar claims; they also sought more flexibility and additional time for responses. The hearing closed with 69 pro, 4 con, and 2 other sign-ins. The committee also heard SB 5916, which would prohibit health plans from disadvantaging non-opioid pain treatments relative to opioids in formularies and utilization management, and would require a Department of Health educational pamphlet on non-opioid alternatives. Senator Harris described the bill as a response to opioid deaths and a way to encourage safer pain treatment options. Patients, recovery advocates, and rare disease advocates testified in support, saying insurance barriers and step therapy often make non-opioid care harder to access and can push patients toward opioids. The Health Care Authority and an association of health plans opposed the bill, arguing it could reduce formulary flexibility, increase costs, and limit tools such as prior authorization and step therapy. The hearing closed with 8 pro, 1 con, and 2 other sign-ins. Finally, the committee heard SB 6102 and SB 6103, both sponsored by Senator Muzzall, and SB 6071. SB 6102 would align the ambulance transport quality assurance fee with federal rules after H.R. 1 barred new provider taxes, preserving the existing fee rate and adjusting the Medicaid add-on rate annually; the Washington Ambulance Association supported it, saying the program had improved wages and benefits for EMS workers. SB 6103 would make Medicaid payments for services provided by a rural emergency hospital subject to appropriation, creating a framework for East Adams Rural Health Care to convert to the new federal rural emergency hospital model; East Adams and the Washington State Hospital Association supported it as a way to preserve rural access. SB 6071 would shorten overpayment recovery timelines for all services to six months, or nine months for coordination-of-benefits cases, matching the shorter timelines already enacted for behavioral health services; providers and specialty associations supported the bill as a way to reduce destabilizing clawbacks, while the remaining testimony was still underway when the transcript ended.
HI
Transcript Highlights:
  • exemption eligible to taxpayers who meet goals for purchasing fresh local agricultural products and local value-added
  • exemption eligible to taxpayers who meet goals for purchasing fresh local agricultural products and local value-added
  • 00:14:58.800><c> products</c><00:14:59.199><c> and</c><00:14:59.760><c> local</c><00:15:00.160><c> value
  • </c> agricultural products and local value agricultural products and local value added<00:15:01.079><
  • is<00:21:30.480><c> where</c><00:21:30.720><c> is</c> it<00:21:42.080><c> X</c><00:21:42.480><c> values
Keywords: 912, senate, all
Summary: The committee heard testimony and then took up House Bill 1369, which would repeal several tax credits and exemptions, including the renewable fuels production tax credit. Testimony was overwhelmingly opposed: Hawaii Gas, the Hawaii Renewable Fuels Coalition, and the Tax Foundation all raised concerns, with opponents arguing the renewable fuels credit has supported major local investment, cleaner fuel production, and energy resilience, while Hawaii Gas warned repeal would raise costs for customers. The Department of Taxation said it did not take a position but provided revenue estimates, saying the bill would increase revenues by about $33.8 million in FY 2026 and $121.7 million in FY 2027; DBEDT said it would follow up on broader economic impacts. The chair proposed a series of amendments that removed some repeals, added five-year sunsets to certain exemptions, narrowed or conditioned others, and tied the renewable fuels exemption to a dollar-for-dollar match for renewable fuel production certified by the state energy officer. The committee recommended passage with amendments, and the motion was adopted with multiple members voting with reservations. The committee then moved through a series of other measures. HB 159, HB 244, HB 280, HB 316, HB 716, HB 1298, and HB 1295 were recommended for passage, with HB 1295 amended to change a date to 2050. HB 455 was amended to remove the Hawaii Startup Business Loan Program language and instead fund DBEDT contracting for startup financing and support, excluding businesses already eligible for the community-based economic development loan program. HB 504 was amended to add non-recurring appropriations for the Hawaii Tourism Authority, conditioned on formal commitments to purchase local products under the HRS 27-8 timeline; members discussed the cruise passenger tax and where the revenue would go, and the bill was passed with amendments. HB 606 was amended to recognize DHHL authority over mercantile projects licenses, remove some reporting requirements, and replace the appropriation with $25 million for mercantile projects and $25 million for repair and maintenance. HB 1378 was amended to allow the foundation to enter public-private partnerships, adjust appropriation language, and cap a proposed limit at $15 million, with the committee noting the changes addressed concerns raised in testimony from BNF and the attorney general. HB 974 was deferred indefinitely because the House had already passed SB 1501. Finally, HB 1007 was amended to rename the transit-oriented development infrastructure district program as the transit-oriented community improvement program, consolidate the boards into one, expand board membership, add conflict-of-interest provisions, and allow legislative designation of areas; after discussion about HCDA’s role and the stadium district, the measure was adopted with one reservation.
MN
Transcript Highlights:
  • Uh talk to me about the value<00:03:39.360><c> in</c><00:03:39.599><c> a</c><00:03:39.840><c> program
  • :40.159><c> having</c><00:03:40.400><c> that</c><00:03:40.640><c> kind</c><00:03:40.799><c> of</c> value
  • in a program having that kind of value in a program having that kind of structure.<00:03:41.920><c>
  • um, systemic red tape for providers, um, in ways that, you know, if there are things that are not value
  • that work and value people's lives being saved regardless of their zip code.
Keywords: 1187, senate, all
FL

Florida 2026 Regular Session

Appropriations Committee on Higher Education Mar 11th, 2025

Appropriations Committee on Higher Education

Transcript Highlights:
  • That is a significant thing we are looking at, you know, out-of-state tuition, and I very much value
  • Users are getting an incredible value on the back of Florida taxpayers.
  • This approach values equity for the sake of fairness rather than ensuring the best return on investment
  • I think also we need to understand what is the return on value that our students are getting for some
  • So we're a value in state and we're a value out of state.
Summary: The committee held an informational hearing on higher education funding, focusing on how Florida’s university system should be financed and whether a new funding model is needed. University system financial officers and Chancellor Ray Rodriguez discussed major cost drivers, including wages and benefits, utilities, maintenance, financial aid, research, and the effects of geography, institutional mission, and student mix. UF highlighted the cost of research and graduate programs; UCF and FAU pointed to growth, location, and cost of living; FAMU emphasized recruiting top-tier talent while relying on other revenue sources; and UNF noted the challenges of growth and long-term planning. Members also discussed the role of internal controls and audits in addressing excessive spending and questioned whether out-of-state tuition should be adjusted to help offset costs. On revenue sources beyond state appropriations and tuition, the panel described auxiliaries, restricted funds, capital projects, and component units such as foundations and health systems. Several universities noted that some revenues are restricted to specific purposes and cannot be used for general operations. FAMU explained that a large share of its capital project funding reflected active campus construction, while UF said its component-unit revenue is largely tied to UF Health. The Chancellor emphasized that the system’s low tuition and strong state support are central to Florida’s national standing, but also noted that some auxiliary revenues are pledged to debt and must be managed carefully. When discussing the current funding process, witnesses praised Florida’s performance-based funding model for aligning incentives with student success, transparency, and accountability. They also raised concerns about non-recurring appropriations, rising employee benefit costs, unfunded mandates, deferred maintenance, and the difficulty of multi-year planning. Suggestions for improvement included more recurring funding, better coverage of mandated costs, greater flexibility in fee-setting, and possible weighting for mission, geography, and institutional type. The Chancellor said the Board of Governors is considering a “version 3.0” of performance-based funding that would benchmark institutions against peers and Carnegie classifications, but any changes would require legislative action. On out-of-state tuition, most universities said they would prefer local board flexibility, while the Chancellor cautioned that increasing out-of-state enrollment or fees could affect future state support and should be balanced carefully.
TX

Texas 89th Regular

Delivery of Government Efficiency Apr 23rd, 2025

Delivery of Government Efficiency

Transcript Highlights:
  • and how it mimics the behavior that a finite material has when it comes to its value in the economy.
  • I come from a family deeply rooted in Texas values, entrepreneurship, independence, and resilience.
  • Scarce, unconfiscatable store of value.
  • And this move isn't just about securing value. It's about growing opportunity.
  • It limits acquisition to high-cap, high-value, high-liquidity assets.
US
Transcript Highlights:
  • seven years, I saw Metta executives repeatedly undermine U.S. national security and betray American values
  • Matters Dishonesty started with the betrayal of core American values.
  • Meta has been willing to compromise its values, sacrifice the security of its users, and undermine American
  • You said just a moment ago that Meta's dishonesty started with the betrayal of core American values,
  • So I think it links to this value proposition. MEDA has some of the. best minds of a generation.
Summary: The meeting of the Senate Judiciary Subcommittee on Crime and Counterterrorism focused on oversight of Meta's foreign relations and representations to Congress. An essential witness, Sarah Wynne-Williams, a former executive at Facebook, provided testimony outlining significant concerns about the company's practices and its complicity in aiding oppressive regimes. The atmosphere was charged, with ongoing debates about the regulation of big tech companies and the ethical implications of their policies. The committee explored topics such as user data management, whistleblower retaliation, and the need for legislative measures to protect users and enhance accountability in the tech sector. A notable point of contention was Facebook's alleged cooperation with the Chinese government regarding the dissemination of user data and AI tools, leading to serious ethical implications.