Video & Transcript Research : 'interest calculation'
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NH
New Hampshire 2025 Regular Session
House Ways and Means (01/14/2025)
Transcript Highlights:
- debate about whether to keep interest debate about whether to keep interest rates<00:14:25.079><
- Average interest rates are 6.93%.
- We don't control interest rates.
- With higher interest rates, more interest income is earned.
- with higher interest rates more right with higher interest rates more interest<04:41:11.560>
income
Summary:
The meeting was a Ways and Means briefing opened by the vice chair, who introduced Jason Wong of the Federal Home Loan Bank of Boston to discuss the national and regional economy. Wong focused on inflation, asking why it had fallen from about 9% in 2022 to the 2%–3% range, and what that meant for monetary policy and the risk of an economic downturn. He said the Fed’s target is 2%, noted that recent PCE inflation was about 2.4% and core PCE about 2.7%, and described the ongoing debate over whether interest rates should stay tight or be lowered further to protect the labor market.
Wong explained that the improvement in inflation has been driven largely by goods prices, especially durable goods such as cars, appliances, and furniture, as well as non-durable goods like food. He said supply-chain disruptions during the pandemic caused major price spikes in 2022, but those pressures have eased and many goods prices are now at or below the Fed’s target. He also referenced the New York Fed’s Global Supply Chain Pressure Index, saying it showed extreme pandemic-era disruptions that have since receded.
The main remaining inflation problem, he said, is in services, especially housing. Wong broke services into rent of shelter and all other services, explaining that shelter is a large share of household budgets and that housing inflation has a lag because rent measures often reflect older lease terms rather than current market rents. He said monthly Zillow data suggest market rents have cooled and may eventually feed through to official inflation measures. Members asked several questions about the chart’s time scale, the treatment of real estate, property taxes, and utilities, and Wong clarified that housing costs are counted in services and that the slides would be shared digitally. No votes or formal actions were taken.
TX
Transcript Highlights:
- Well, I've never had that response, that's interesting.
- Yeah, so the interesting thing, so STAR has short.
- You can follow that link if you're interested in reading that study.
- But yeah, that's my quick calculation.
- Commissioner, this is a really interesting chart.
MN
Minnesota 2025-2026 Regular Session
House Higher Education Finance and Policy Committee 2/24/26
Higher Education Finance and Policy
Transcript Highlights:
- We appreciate your interest and participation in the legislative process.
- that calculated an EFC.
- I can say is that I went through federal appropriations language and essentially created code to calculate
- But something that you represent, Chair Klevorn, asked kind of piqued my interest.
- But something that you represent, Chair Klevorn, asked kind of piqued my interest.
NH
New Hampshire 2025 Regular Session
House Finance Division III (03/03/2025)
Transcript Highlights:
- and cover them and so I'm I'm interested and cover them and so I'm I'm interested to<00:39:27.520
- information what I would be interested information what I would be interested in<00:40:18.359>
- I'd have to do the calculation for that. Would you give us a B?
- <01:10:26.719>
to program uh that may be of interest to program uh that may be of interest- <03:23:46.680>
the you can calculate the you can calculate the current<03:23:48.760>workload
Summary:
The committee held a Division 3 budget work session focused on the Department of Health and Human Services’ Division of Economic Stability. Karen Hebert, the division director, and Nathan White, DHHS chief financial officer, walked members through the governor’s operating budget pages and a briefing book, explaining that the division was consolidated in 2018 and serves programs aimed at financial stability, poverty reduction, child care access, and related supports. Members repeatedly asked for clearer breakdowns of general fund spending, historical growth since consolidation, and how the division’s broad mission areas map onto specific budget lines.
A major portion of the discussion centered on the Bureau of Child Development and Head Start collaboration and the child care subsidy program. Hebert said the child care scholarship/subsidy helps low- and moderate-income families access daycare so parents can work, attend school, or receive treatment, and that eligibility is based on state median income up to 85%. She reported a 45% increase in utilization, 4,032 children receiving daycare support as of the end of January, and about 15% of eligible children being served. She also described the quality improvement system “Granite Steps for Quality,” with 160 providers enrolled out of 717 licensed programs, and noted that 1,200 child care professionals added credentials in the last year.
Members pressed for cost-benefit information, asking for data on how much the state pays, how many providers and children are served, and whether the department could quantify unmet need. The witnesses said some projects were funded with short-term ARPA child care dollars and that detailed cost data for specific examples, such as the Gorm Community Learning Center expansion, would need to be looked up. They also explained that the child care fund is a federal block grant with required spending set-asides of 9% for quality, 3% for infants and toddlers, and up to 5% for administration, and that unused funds remain available. The committee also reviewed slide 10’s accounting units, including that the Child Care Workforce Fund is 100% general funds and was created as a priority item under HB 2 from the 2024 session, while some other child care-related units are 100% federal funds.
NH
New Hampshire 2025 Regular Session
House Finance Division I (03/05/2025)
Transcript Highlights:
- It's just regular interest.
- It's just regular interest.
- where we see more penalty in interest where we see more penalty in interest with<00:51:27.680>
- approved over 50,000 I'd be interested approved over 50,000 I'd be interested to<01:34:35.480>
- Interesting. So that's interesting.
- approved over 50,000 I'd be interested approved over 50,000 I'd be interested to<01:34:35.480>
Summary:
The committee took up House Bill 2 provisions affecting the New Hampshire Retirement System, focusing on Group 2/Tier B retirement changes in pages 25 through 39 of the bill. NHRS Executive Director Jan Goodwin and deputy chief counsel Mark Kavanaugh explained that the 2025 bill is largely similar to prior versions and to HB 727, with the main difference being that the 2025 version does not include the earlier increase in the maximum benefit. They also said the fiscal note for HB 2 is based on earlier actuarial work and that an updated valuation was expected later in the week.
A major topic was whether the bill accidentally removed an anti-spiking or special-duty compensation limit. NHRS said the omission appears to be a scrivener’s error caused by moving language between Group 1 and Group 2 definitions, and they planned to flag it in the fiscal note. Members also reviewed the bill’s intent to restore Tier B members to pre-2011 benefit rules, including changes to earnable compensation, average final compensation, and the comp-over-base rule. Some members questioned whether restoring those older rules was appropriate, arguing the 2011 changes were meant to curb pension spiking and that undoing them could be problematic.
The committee also discussed the bill’s cost and funding assumptions. NHRS said the 2025 bill would reduce unfunded actuarial liability by about $98.2 million and would have a more favorable effect than the 2023 version, while employer contribution impacts would remain relatively small. Members noted the bill assumes annual appropriations of $27.5 million for 10 years, but House Bill 1 currently provides only $5 million in the first year, and NHRS had not yet analyzed the effect of that shortfall. No votes were taken in the portion provided; the discussion was informational and focused on clarifying the bill’s language, intent, and fiscal impact.
KY
Kentucky 2026 Regular Session
Government Contract Review Committee (6-9-26)
Transcript Highlights:
- investments contrary to Kucky's interest investments contrary to Kucky's interest within<00:21:36.080
- the best interest of the commonwealth. the best interest of the commonwealth.
- the best interest of Kentucky. the best interest of Kentucky.
- <00:35:05.359>
in Panaskavix, and he's very interested in Panaskavix, and he's very interested - That comes that bit of calculation.
Summary:
The committee first approved the May 12 minutes, then deferred item 285 on the routine personal service contract green list for Western Kentucky University to the July 2026 meeting. It also noted that several deferred university contracts had been withdrawn by the institutions, and then approved the remaining agenda items without objection, including personal service contracts, amendments, memoranda of agreement, Kentucky Entertainment incentive agreements, deferred items, and corrections, except for items pulled for further review.
The main pulled item was a Kentucky Administrative Office of the Courts contract supporting Fayette District Court’s juvenile treatment court through Fayette County Public Schools. Court officials explained that the program, created under Supreme Court rules in 2022, serves court-connected juveniles with mental health and related needs, operates at the courthouse, and uses a school-employed program manager funded through a pass-through arrangement with Fayette County Public Schools and the Urban County Government. They said the program has had over 100 referrals, accepted about half, and had at least 25 successful graduates, with 11 high school graduates among participants. Members asked about who pays for drug screens, family involvement, and what counts as successful completion; the officials said the Urban County Government’s Division of Youth Services pays for drug screens and services, and that parents must participate in classes and support services. The committee then approved the contract review, with some members explaining their votes in support and one member emphasizing the committee’s role in reviewing contracts in the public interest.
The committee also reviewed two Auditor of Public Accounts contracts. The auditor’s representative said contract 11, with Vantage Point Solutions, will examine the Kentucky Communications Network Authority/Kentucky Wired network for $700,000, well below the $1.5 million appropriated, and that a report is expected before the 2027 regular session. Contract 12 funds a special examination of investment managers used by Kentucky’s retirement systems, prompted by a Legislative Oversight and Investigations request to assess whether investments tied to ESG factors are consistent with fiduciary duties; the representative said the retirement systems have been cooperative and that findings are expected on a similar timeline, with some flexibility built into the deadline. After questions about the Texas litigation referenced in the explanation, the committee approved both auditor contracts without objection.
TX
Transcript Highlights:
- The system of interest here will be GMA 11.
- Apologies to the Houston County interests.
- I'm glad there's public interest in this.
- I'm super interested in knowing. Does anyone?
- Do a bunch of calculations and develop the aquifer... ...do a bunch of calculations and develop the aquifer
Summary:
The committee held a hearing on high-capacity groundwater wells proposed in Anderson, Henderson, and Houston counties, with members framing the issue as one of local water supply, fairness, and the need to modernize groundwater law while protecting private property rights. Opening remarks focused on the scale of the proposed Redtown Ranch and Pine Bliss projects, the potential export of tens of thousands of acre-feet of groundwater annually, and concerns that the applications lacked sufficient technical detail and could harm nearby landowners, cities, agriculture, and manufacturing. Members also noted the broader context of the recent flooding tragedy in central Texas and the Legislature’s intent to address water-related loss of life in the upcoming special session.
Witnesses from the Texas Alliance of Groundwater Districts and the Texas Water Development Board explained the current groundwater management framework. They described groundwater conservation districts as the state’s preferred management method, the role of groundwater management areas and desired future conditions, and how the Water Development Board uses those conditions to calculate modeled available groundwater. They emphasized that districts rely on local data, monitoring wells, and planning processes, but that information is often more limited in areas without a district, where the rule of capture applies. Members pressed witnesses on recharge rates, export permits, subsidence, the effect of pumping on nearby wells, the age and real-time availability of model data, and whether the proposed project would exceed modeled available groundwater in some counties.
TCEQ explained its limited oversight role over groundwater conservation districts, including inquiries, compliance actions, and, in extreme cases, dissolution authority. Water Development Board staff also outlined funding programs, saying the New Water Supply for Texas Fund is limited to projects such as brackish desalination, reuse, ASR, and other new-supply projects, and does not fund fresh groundwater exports alone. They said the project at issue had not applied for board funding. A water lawyer then testified on the rule of capture, ownership in place, and district regulation, arguing that districts must use permitting and other tools to manage production within modeled available groundwater and that the Legislature could consider additional authority over groundwater exports under current law.
MN
Transcript Highlights:
- <00:42:19.520>
Without compensatory aid is calculated. - Without compensatory aid is calculated.
- making it not possible to calculate making it not possible to calculate fourth<00:53:45.200>
- Um, I thought it was interesting. We only had one pupil support assistant that testified.
- Um, I thought it was interesting. We only had one pupil support assistant that testified.
KY
Kentucky 2025 Regular Session
Medicaid Oversight and Advisory Board (9-24-25)
Transcript Highlights:
- So, um for waivers, when I'm giving you averages, that's not how a waiver is actually calculated.
- <00:09:58.440>
A <00:09:58.520>waiver's actually calculated. - A waiver's actually calculated.
- c><00:10:00.160>
not <00:10:00.360>on calculated different and it's not on calculated different - We ran the calculations in two different ways to make sure that we met your question.
Summary:
The Medicaid Oversight and Advisory Board met on September 24, 2025, approved the minutes from the September 9 meeting, and then continued its discussion of Medicaid waivers with Leslie Hoffman and Carmen Hancock from the Department for Medicaid Services. Members asked for updates on the 2024 waiver waitlist management assessment recommendations, including aligning waiver policies, standardizing applications and waitlist placement, and modernizing data systems. DMS said that work is being done jointly with Aging and Independent Living and Behavioral Health/Developmental and Intellectual Disabilities through task forces, that ARPA spending delayed action, and that implementation timelines extend through March 2027.
The board also reviewed per-member waiver cost averages for fiscal years 2023 through 2025 for ABI, ABI long-term care, HCBS, Model II, Michelle P, and SCL. DMS emphasized these figures were benefit-only averages based on paid claims, not full waiver costs, and explained that true budget neutrality is calculated on an aggregate basis against institutional care comparisons approved by CMS. DMS said all six waivers remain in compliance with budget neutrality and that the most recent 18-month lag review for FY 2022 and FY 2023 found costs at or below institutional care. Members also asked about unused waiver slots; DMS said slots generally cannot be reallocated mid-year if they have been used, except in cases such as death or reserved capacity, because CMS treats participants as unduplicated for the waiver year.
A major portion of the meeting focused on the new child waiver created under House Bill 6. Legislators questioned whether the waiver’s design, including the exclusion of participant-directed services and the emphasis on high-acuity children with behavioral health, DCBS, or juvenile justice involvement, matched the bill’s intent to keep children at home. DMS said it used the $14.7 million appropriated for FY 2026 to develop the program, that there is no priority list, and that the waiver is intended to serve the highest-acuity children while also addressing residential needs for those sleeping in offices or placed out of state. Members also raised concerns about the rapid growth of the HCBS waiting list and asked for more detail on age and timing patterns, which DMS said it would provide later. Finally, DMS gave average processing times from application to eligibility determination and from approval to service start, and said the overall average from application to services beginning was about 80 days, while members requested follow-up information on the Carewise assessment contract and related costs.
FL
Florida 2026 Regular Session
Appropriations Committee on Agriculture, Environment, and General Government Jan 15th, 2025
Appropriations Committee on Agriculture, Environment, and General Government
Transcript Highlights:
- everybody has a chance that if it hasn't been highlighted, to at least express what they would be interested
- This data can contribute to ongoing research and to calculate potential python population size, This
- data can contribute to ongoing research and to calculate potential python population size, something
- Very interesting stuff. Members, any questions for Mr. Worthen? All right, Leader Pizzo.
- We have some interesting partners in the federal government, too.
Summary:
The committee meeting began with quorum, member introductions, and an overview of the Agriculture, Environment, and General Government budget process. The chair emphasized using the committee resource book and performance metrics to review the base budget and invited members to identify areas of interest for later discussion. Members were also reminded about appearance forms and speaking procedures.
Wes Gregory of the Department of Agriculture and Consumer Services presented on agricultural best management practices and water policy. He said the office had updated all nine commodity BMP manuals and added a manual for small farms and livestock, expanded enrollment by 742 producers covering 677,000 acres, and used GIS and data analysis to target areas such as the Indian River Lagoon. He also described cost-share projects, a new field application for enrollment and inspections, cross-training staff, and a request for $20 million for regional water quality projects. Members asked about BMP enrollment, compliance, and enforcement; Gregory said noncompliance is uncommon and cases can be referred to DEP.
Adam Blaylock of DEP reviewed environmental grant programs, saying the state has appropriated $2.9 billion since 2018 for water quality projects, with about 1,100 projects reducing nitrogen and phosphorus statewide. He described the Water Quality Improvement Grant, Indian River Lagoon, Biscayne Bay, Springs, Alternative Water Supply, and Resilient Florida programs, including a planned public dashboard and a water-quality monitoring portal. Senators asked about the application window, award timing, and the high cost of septic-to-sewer conversions, with Blaylock estimating a blended average of about $35,000 per home.
Chief Conservation Officer George Worthing of the Fish and Wildlife Conservation Commission then presented on invasive animal control. He discussed prevention, risk screening, law enforcement at ports, public outreach programs such as the Python Challenge, Lionfish Challenge, and Exotic Pet Amnesty Program, and early detection tools like the Ive Got One reporting system. He also described control efforts for Burmese pythons, tegus, and lionfish, along with research and partner coordination. Members asked about the most harmful invasive species and whether iguanas may be taken; Worthing said iguanas are open for take, subject to other laws. The meeting ended after members briefly identified priorities such as water quality, recreation water quality, sustainability, sea level rise, and septic-to-sewer infrastructure, and the committee adjourned without any formal votes.
CA
California 2025-2026 Regular Session
Assembly Appropriations Committee May 14th, 2026
Appropriations
Transcript Highlights:
- AB 2579, Petrinoris, common interest developments, do pass. That's out on an A roll call.
- AB 2579, Petrinoris, common interest developments, do pass. That's out on an A roll call.
- AB 1751, Cork Silva, townhomes, do pass as amended to clarify the bill does not impact the calculation
- AB 1761, Rogers, electricity calculations, do pass. That's out on an A roll call. Maybe AB 1866.
- AB 1793, Ward, cash payment calculation, do pass. That's out with Republicans not voting.
Summary:
The Assembly Appropriations Committee held its May 14, 2026 suspense-file hearing and considered 637 Assembly bills, plus several committee bills and one Senate bill. The chair opened by explaining the committee’s budget constraints and the factors guiding decisions: fiscal impact, return on investment, avoiding added costs to constituents, and protecting the state’s social safety net. The agenda was organized alphabetically by author, and the committee noted that results would be posted later that day online.
The committee then took action on a very large number of measures, with many bills receiving do pass or do pass as amended recommendations and many others held in committee. Topics covered a wide range of policy areas, including housing, health care, education, public safety, labor, environmental regulation, wildfire mitigation, water, transportation, cannabis, AI, and state governance. Several bills were amended to reduce costs, narrow scope, remove provisions, or make them contingent on appropriations or existing resources; some were advanced on A or B roll calls, while others were held.
Among the notable actions, the committee advanced bills on Medi-Cal, CalFresh, child care, school and higher education programs, wildfire and fire safety, housing financing, and various criminal justice and public safety measures. It also moved forward a number of bills related to tribal issues, consumer protections, energy and utility policy, and environmental programs. At the end of the hearing, the chair stated that the committee had moved a large number of bills to the Assembly floor and adjourned.
MN
Minnesota 2025-2026 Regular Session
Working Group on Omnibus Taxes Bill - 05/27/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- Senator Putnam is then going to explain what the items are that we are interested in the House considering
- um what uh the items are that we explain um what uh the items are that we are<00:01:03.440>
interested - in<00:01:04.559>
the <00:01:04.720>house <00:01:05.240>considering are interested - in the house considering are interested in the house considering regarding<00:01:06.880>
uh <00 - >
of <00:42:52.880>conservation have the interest of conservation have the interest of
NH
New Hampshire 2026 Regular Session
JLCAR Administrative Rules (05/15/2026)
Transcript Highlights:
- <00:40:22.760>
interest <00:40:23.200>of their private interest of their private interest - interest I can't find the patient. interest I can't find the patient.
- <00:55:28.960>
Um, a conflict of interest. Um, a conflict of interest. - management kind of conflict of interest. management kind of conflict of interest.
- It's any conflict between a private interest and a professional interest.
Summary:
The committee first approved the minutes and consent calendar, then moved through several Department of Health and Human Services Medicaid-related rules. Rule 25-220 from the Department of Energy was postponed until June so stakeholders would have more time to review revised language. Rule 25-240, involving Medicaid income verification and deductible provisions for medically needy applicants, was adopted after staff noted the cited sections had expired but the agency said it had continued operating under federal law and the state plan; the agency also said it had begun rulemaking on the cited provision. Rules 25-265 and 2633 were also adopted, with staff explaining that although parts of the rules had expired, the agency had continued implementing the policies through the Medicaid state plan, billing manuals, and related rules.
The most extended discussion centered on rule 25-304 from the Bureau of Aging and Adult Services, which covers case management services for the CFI program. Staff and the agency explained that the amended conditional approval request clarified how case management agencies indicate staffing capacity, how telehealth decisions are evaluated, and that the department—not the case management agencies—sets the timeline for accepting or denying cases. The agency said the rule is intended to ensure participants are not pushed into telehealth when they do not want it or cannot use it, while leaving technical and clinical telehealth decisions to the provider.
A case management provider testified in opposition to parts of the rule, arguing that the committee should not require agencies to admit unverified patients, that reimbursement-rate issues belong in legislation, that the quality-management section duplicates existing licensure oversight, and that the telehealth language improperly gives case managers authority over how other licensed providers deliver services. Committee members questioned whether the telehealth language was simply allowing case managers to determine whether telehealth fits a person’s care plan, and agency representatives responded that this was the intent. No final vote on rule 25-304 is shown in the transcript excerpt.
WY
Wyoming 2026 Regular Session
Senate Minerals, Business & Economic Development Committee, February 25, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- I am very much interested in your testimony of AG suing in other states.
- in your your testimony much interested in your your testimony of<00:33:22.080>
AG <00:33:22.480 - But we're seeing a shift, and we're seeing interest in unconventional EO, and we're seeing a shift in
- Is that a fair end up calculating that.
- calculate what that should be. calculate what that should be.
MN
Transcript Highlights:
- Key interest rates are expected to remain above the November forecast levels, as the Federal Reserve
- However, if inflation persists or even increases, the Fed may not lower its target interest rates as
- rates as much as assumed Target interest rates as much as assumed in<00:10:42.639>
the <00:10: - higher interest rates Baseline forecast higher interest rates would<00:15:05.839>
tend <00:15: - <00:18:42.960>
rate Federal Reserve May delay interest rate Federal Reserve May delay interest
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Tuesday, June 3, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- >
is <00:14:07.760>$3.7 taxation, their calculation is $3.7 taxation, their calculation - And now, in the interest of my constituents, I will repeat my remarks in Spanish. interests. interests
- labor standards, and economic interest. labor standards, and economic interest.
- <07:52:01.440>
rate speech from me doing interest rate speech from me doing interest rate - ticks in interest. ticks in interest.
OK
Oklahoma 2026 Regular Session
2026 Contests of Candidacy State Election Board Apr 16th, 2026 at 09:00 am
Transcript Highlights:
- said section made no exceptions to the appointments or being elected to certain offices or being interested
- statute, SE4 Title 74, Section 1370, which talks about the flexible benefit allowance and how it's calculated
- , provides for a method of calculating it, and it is the one responsible for making those calculations
- It's an interesting question. It is a commission that meets every. Other year.
- Very interesting arguments. So, I wish you both the best.
MN
Transcript Highlights:
- <00:33:01.279>
of hold harmless for uh the calculation of hold harmless for uh the calculation - 27 the revenues will be calculated under the new formula.
- It's changing from literacy incentive aid to literacy aid, and it changes the calculation for fiscal
- the calculation for um fiscal<00:41:31.520>
years <00:41:32.480>2027 <00:41:33.280> - of post a postervice career an interest of post a postervice career in<02:08:29.639>
education.
MN
Transcript Highlights:
- calculation would decline by<01:05:15.760>
almost by almost by almost $40,000<01:05:18.039>- if the current system of calculating if the current system of calculating compensatory<01:05:33.119
- Trust in our school boards and in our communities to make the best decision in the interest of our kids
- <01:42:18.040>
or <01:42:18.239>pre112 <01:42:18.679>interest uh for K12 interest- or pre112 interest uh for K12 interest or pre112 interest in<01:42:19.760>
in <01:42:19.920>
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Jan 22nd, 2026 at 02:01 pm
House Appropriations & Finance
Transcript Highlights:
- Most of the variances are related to the risk rates in the base budget and those calculations.
- And specifically, I'm interested in epidemiology and response, Mr. Chair.
- So if you have one of those, I would be interested in knowing if that solution is as well.
- This is just for your initiatives in the interest of time.
- Sorry, I messed up my calculator there.
Bills:
HB1
Keywords:
feed bill, legislative appropriations, legislative branch, New Mexico Legislature, general fund, legislative council service, legislative finance committee, legislative education study committee, house chief clerk, senate chief clerk, per diem, mileage, session expenses, interim committees, district staff, capitol complex, capital outlay data system, legislative processing system, redistricting, census redistricting