Video & Transcript Research : 'interest calculation'

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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
MN

Minnesota 2025 1st Special Session

House Higher Education Finance and Policy Committee 2/18/25

Higher Education Finance and Policy

Transcript Highlights:
  • I was interested in this grant because I've heard about it before.
  • And I'm also interested: it seems that over six years we might have gotten out and there might be more
  • <00:10:26.480> it<00:10:26.680> seems you and I'm also interested it seems you and
  • I'm also interested it seems that<00:10:27.920> over<00:10:28.320> six<00:10:28.680>
  • <01:26:23.880> p is really that 15% of the calculated p is really that 15% of the calculated
Keywords: 1183, house
FL

Florida 2025 Regular Session

Regulated Industries Mar 4th, 2025

Transcript Highlights:
  • Restoration cost and surcharges just so I'm understanding the calculation.
  • But the economic benefits using the Department of Energy Ice Calculator.
  • We have an interest, 8 transmission that's been in some put into the pipeline.
  • Also, once again, state interest, we believe that that Also, once again, state interest, we believe that
  • You know, the plan is adopted with the public interest standard.
Keywords: 999, senate, all
KY
Transcript Highlights:
  • <00:07:24.639> based<00:07:24.960> upon $250 million was calculated based upon $250
  • The other leg is to protect the interest of Kentucky.
  • The other leg is to protect the interest of Kentucky.
  • <00:15:33.360> And protect the interest of Kentucky.
  • And protect the interest of Kentucky.
Summary: The committee met with a quorum to hear a recap of the 2021 special session legislation, Senate Bill 5, and then receive testimony from the Secretary of Economic Development on the Blue Oval SK project and related economic development issues. Staff explained that Senate Bill 5 appropriated five amounts from the budget reserve trust fund for a project tied to a minimum $2 billion investment: $350 million for forgivable loans through the Kentucky Economic Development Finance Authority, $10,639,600 to pay off a Hardin County loan tied to 47 tracts of property, $20 million for Bluegrass State Skills Corporation training grants, $5 million for KCTCS training grants, and $25 million for a KCTCS on-site training center. Staff also noted there were no job-related requirements in the bill itself. The secretary said the Blue Oval SK incentive was structured as a $250 million forgivable loan rather than the state’s usual pay-as-you-go incentives, with clawback provisions tied to jobs, wages, investment, and changes in ownership or operations. He said the project had already exceeded the $2 billion investment threshold, that corporate guarantees were required from SK On and Ford, and that the agreement’s compliance period begins in December 2026 with payments starting in March 2027 and running through 2038. He said the state’s goal after the joint venture dissolution was to protect taxpayers, support affected workers, and preserve future job creation, while also ensuring the money would be repaid if performance targets are not met. Members asked about the workforce impact, the training programs, and whether the jobs targets would be revised. The secretary said the project had about 1,850 workers at the site, with both production and salaried employees affected, and described state-led job fairs, a job portal, and other rapid-response efforts to help displaced workers find new jobs or training. He said Ford had agreed to continue discussions, invest an additional $2 billion in the site for energy storage solutions, and pursue roughly 2,100 new jobs, while the state sought to keep the company accountable for the full repayment obligation if jobs are not created. One senator raised broader concerns about mega-projects displacing small businesses and creating infrastructure burdens in surrounding communities.
FL

Florida 2025 Regular Session

Finance and Tax Mar 26th, 2025

Transcript Highlights:
  • LIMIT OUR REBUILD 2000 FT.² IF THE ORIGINAL PROPERTY WAS 2000 AND WHY IT WOULD NOT BE IN THE PUBLIC INTEREST
  • AND YOU KNOW, IT IS A NUMBER THAT WHEN YOU DO CERTAIN CALCULATIONS IT IS REASONABLE.
  • THE HUNDRED PERCENT IS I THINK A FAIR CALCULATION AS WE GET PAST THAT 2000 FT.².
  • THAT IS JUST THE RETURNS BASED ON INTEREST EARNINGS THAT DEPARTMENT OF FINANCIAL SERVICES IS ABLE TO
Keywords: 999, senate, all
NH

New Hampshire 2025 Regular Session

Senate Finance (03/04/2025)

Finance

Transcript Highlights:
  • The law actually requires them to have an actuary calculate it, and they haven't been doing that.
  • those are specifically actuar calculated those are specifically actuar calculated to<01:36:31.400
  • So they calculate it, and you can see because we included a copy of it in the written testimony.
  • Sir, I guess I never knew a lawyer who couldn't calculate 30% of an award.
  • <02:53:07.160> our case seeing no one interested our case seeing no one interested our business
Keywords: 1191, senate, all
NM

New Mexico 2026 Regular Session

House - Taxation and Revenue Feb 2nd, 2026 at 08:43 am

House Taxation & Revenue

Transcript Highlights:
  • The allocation should be calculated and when it should be dispersed, and the like.
  • We clean up any kind of ambiguities in terms of calculations and timing of disbursements, you know, in
  • Who may not be as aligned with your interests.
  • My interest Dr. Thank you for coming out. I appreciate you all coming out this morning.
  • So I'll just share two quick numbers that I thought were really interesting.
Keywords: 996, all
MN

Minnesota 2025-2026 Regular Session

Child Committee Meeting - 2026-03-24

Children and Families Finance and Policy

Transcript Highlights:
  • There is a Never Shake Minnesota event if you are interested in attending as well.
  • <00:15:00.000> So, interested in attending as well. So, interested in attending as well.
  • :48.159> reflect SNAP benefit calculations should reflect SNAP benefit calculations should reflect
  • are caused by asset calculations.
  • The GAO also found that calculations.
AZ
Transcript Highlights:
  • Interest. I'm sorry. I couldn't hear the... Okay, thank you.
  • I think that the investigator manager was not counting herself when she calculated.
  • In the interest of time, I'll go over our first one.
  • I would love to get into the details with anyone who has the time and interest.
  • I would love to get into the details with anyone who has the time and interest.
Keywords: 1182, all
Summary: The committee conducted sunset reviews for the Arizona State Board of Pharmacy, the State Board of Nursing, the Arizona Board of Occupational Therapy Examiners, and the Arizona Regulatory Board of Physician Assistants. The Auditor General’s reports praised each board for timely licensing in some areas but identified recurring problems with complaint investigations, public safety oversight, fee analysis, records/documentation, and internal controls. For Pharmacy, the main concerns were weak enforcement of controlled substances prescription monitoring program (CSPMP) requirements and slow complaint resolution; the board said it had implemented some recommendations, was pursuing a new database vendor, and supported legislation to strengthen CSPMP enforcement. For Nursing, the audit found a large and growing backlog of complaints and repeated delays in resolving cases; the executive director said the board was under-resourced and requested 28 additional investigative positions, while nursing stakeholders supported process reforms and cited a bill to improve timelines and fairness. For Occupational Therapy, the audit focused on missing or poorly documented fingerprint clearance card checks, delayed action on a serious criminal-charge disclosure, and other compliance issues; the board said it had accepted and was implementing all recommendations, including new procedures and rulemaking. For Physician Assistants, the audit found weak oversight by the executive director, extensive delays in complaint handling, and an incentive-pay system that did not align with key performance goals; the board said it had already made structural changes, was improving tracking and IT systems, and planned to continue implementing recommendations. After discussion and testimony from board officials, public members, and nursing stakeholders, the committee voted to continue the Arizona State Board of Pharmacy for six years until July 1, 2032, the State Board of Nursing for four years until July 1, 2031, the Arizona Board of Occupational Therapy Examiners for four years until July 1, 2030, and the Arizona Regulatory Board of Physician Assistants for a continued term with statutory changes (the transcript includes the board review and related discussion, but the final motion text for the physician assistants board is not fully captured in the excerpt). The votes on the first three continuations were approved by roll call, with members generally supporting continuation while expressing concern about complaint backlogs and the need for reforms.
KY
Transcript Highlights:
  • <00:36:43.839> in could walk us through I'm interested in could walk us through I'm interested
  • Um, so it's all calculated for them.
  • Um knew this was a topic of interest.
  • It was calculated<00:56:50.559> as<00:56:50.799> a calculated as a calculated as a 2.710
  • was like that's a very interesting was like that's a very interesting question.<00:58:18.799>
Summary: The committee’s first interim meeting opened with roll call, a quorum, and a briefing from Transportation Cabinet officials on the Cabinet’s response to severe weather and tornadoes in Kentucky, especially the May 16–17 storms that caused deaths and widespread damage in Pulaski and Laurel counties, with an additional tornado noted in Washington County. Secretary Jim Gray, State Highway Engineer James Ballinger, and District 11 engineer Chris Jones described how crews in all 120 counties were placed on alert, how roads were cleared of debris, and how KYTC coordinated with emergency management, law enforcement, local governments, and utilities to restore access and power. They reported major impacts on roads, signals, and other infrastructure, including the EF4 tornado path through Pulaski and Laurel counties, and said KYTC also helped with debris hauling, airport cleanup, and delivery of water and meals. The officials gave specific recovery figures for Laurel County, including 1,800 loads of construction and demolition debris hauled, about 11,000 tons and 22,000 cubic yards removed, with roughly 50% of vegetative debris cleared at that point. They said all state roadways in Laurel County were reopened, the London-Corbin Airport was returned to flight operations by Sunday, and a transition plan was underway for Laurel County Fiscal Court’s contractor to take over debris operations. Gray also noted that KYTC had helped issue replacement IDs, licenses, registrations, and titles at no cost in disaster areas, and said the Team Kentucky Storm Relief Fund had raised nearly $1.5 million from more than 6,000 donors. Members praised KYTC staff as first responders and thanked them for their quick response and coordination. Several legislators recounted local impacts in Washington, Pulaski, and Laurel counties, including blocked roads, rescue challenges, looting concerns, and the scale of property damage. One member asked how KYTC inspects bridges and infrastructure after disasters to check for hidden damage, and officials said the process depends on the event and can include bridge inspections and checks of tall infrastructure such as light poles. No votes or formal committee actions were taken during the discussion.
ND

North Dakota 2026 1st Special Session

Human Services Committee May 27th, 2026

Human Services Committee

Transcript Highlights:
  • And I'm interested in the aging issues.
  • to calculate.
  • It would be easier to calculate.
  • It says on—so comments by interested persons.
  • You'll notice an initial interest in the survey that then tapers off.
Summary: The committee first approved the February 11, 2026 minutes and then received an update from the North Dakota Housing Finance Agency on the interagency council on homelessness and continuum of care funding. Testimony described rising homelessness tied to tight housing markets, low incomes, aging homelessness, barriers to rental assistance and public benefits, and limited shelter and case-management capacity. Members discussed the need for more affordable housing, continued one-time funding for the North Dakota Homeless Grant and Housing Incentive Fund, better coordination with Health and Human Services on economic assistance and human service zones, landlord engagement, recovery housing, and reentry housing. The committee also heard that federal continuum of care funding remains uncertain, with possible shifts away from permanent supportive housing and housing-first models; members asked for a future update on the impact if federal rules reduce the share available for permanent housing. The committee then took testimony on accessibility of government services for people who are blind or visually impaired. Paul Olson of North Dakota Vision Services School for the Blind described current screening and service delivery, including infant referrals, regional staff, short-term programs, and collaboration with vocational rehabilitation. He said the targeted screening system is working, recommended maintaining the current model, and noted ongoing challenges with staffing, public awareness, and accessible state websites and documents. Public testimony from a visually impaired resident and a deaf resident emphasized barriers such as CAPTCHAs, inaccessible PDFs, employment forms that screen out applicants based on driver’s license status, shortages of interpreters, and the need for video remote interpreting and video relay services, along with training for users and agencies. Finally, the committee heard a final report on the study of child care provider licensing from HHS Early Childhood Director Kay Larson. The report summarized provider input and committee discussion on simplifying North Dakota’s child care licensing structure, reducing administrative burden, and balancing that with health and safety standards. Key topics included licensing categories, child care assistance eligibility, food program sponsorship, staff qualifications, training requirements, ratios and group size, age bands, and preschool exemptions. The committee’s recommendations included streamlining to three provider types plus a preschool designation, revising ratio and age-band rules, and carrying forward certain preschool outdoor-space exemptions. Larson noted that any changes would require statutory changes, rulemaking, and a transition period before new licensing rules could take effect.
TX
Transcript Highlights:
  • And, which is interesting.
  • These numbers are calculated by the Texas Public Finance Authority.
  • **Senator Bettencourt**: To ensure its performance measure calculations.
  • Interest rates for the state biennium must be estimated.
  • **Chair**: And paying interest or not on the local level.
Bills: SB1, SB 1
MN

Minnesota 2025-2026 Regular Session

House Housing Finance and Policy Committee 1/21/25

Housing Finance and Policy

Transcript Highlights:
  • Housing Challenge is a program that provides deferred, no-interest loans to for-profit and nonprofit
  • I'd be happy to talk about those one-time programs in a different presentation if that is the interest
  • of presentation if that is the interest of the<00:19:49.120> committee<00:19:50.120> um
  • Rehabilitation provides no interest Rehabilitation provides no interest forgivable<00:21:23.000>
  • that income where ways of calculating that income where the<00:24:53.520> programs<00:24:53.919
Keywords: 1183, house
Summary: The House Housing Finance and Policy Committee met for an informational session with no bills taken up and no votes or formal actions. Members and staff introduced themselves, and Chair Speno said the committee would focus on understanding housing policy and barriers to building more homes, noting Minnesota’s housing shortage and the need to support both single-family and multifamily construction. House Research analyst Mary Davis and House Fiscal analyst Katrina Heimark gave an overview of the committee’s jurisdiction and the Minnesota Housing Finance Agency’s programs and funding streams. Davis outlined areas the committee may hear about, including real estate law, landlord-tenant law, manufactured home parks, housing cooperatives, zoning, property taxes, and MHFA programs. Heimark described MHFA’s five main budget areas—development and redevelopment, housing stability, homeownership assistance, preservation, and resident/organization support—and reviewed recent appropriations, emphasizing that much of the large 2024–25 funding was one-time money and that ongoing base funding is lower in 2026–27. Members asked several questions about how prior appropriations were spent, whether unused funds return to the general fund, and whether funds can be repurposed. Heimark said transferred funds generally are not returned to the general fund if unspent, but are expected to be used for the purposes outlined in the appropriation; she also said she had requested more detailed expenditure information from the agency and would follow up. Questions also focused on who benefits from programs such as rental housing rehabilitation and the affordable rental investment fund, with the testifiers explaining that most MHFA programs are targeted to low- and moderate-income households and that income eligibility varies by program. The committee also discussed the new metro-area sales tax revenue dedicated to housing, with members requesting more detail on reporting, oversight, and allowable uses.
MN

Minnesota 2025 1st Special Session

House Higher Education Finance and Policy Committee 3/25/25

Higher Education Finance and Policy

Transcript Highlights:
  • to hopefully get more people interested to hopefully get more people interested in<00:40:49.599>
  • Yeah, and you know, this is interesting.
  • We do not generally calculate all of the interest that will be paid over decades.
  • c> be<01:36:31.360> paid in all of the interest that will be paid in all of the interest that
  • <01:38:39.600> $80 calculations there's been over $80 calculations there's been over $80 million
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 1/21/25

Education Finance

Transcript Highlights:
  • Other school districts in my area were hit by that, so I'm very interested in how we handle that. the
  • in how we that so I'm very interested in how we handle<00:08:45.160> that<00:08:45.920> and
  • based on the number of pupils calculated based on the number of pupils or<00:30:25.120> based
  • the average amount state uh calculates the average amount that<00:42:36.559> districts<00:42:
  • and then how those AIDS are calculated and then how those<00:43:38.720> services<00:43:39.160
Keywords: 1183, house
Summary: The Education Finance Committee met on January 21, 2025, for its first hearing of the session and began with organizational business. Members and staff introduced themselves, described their districts and backgrounds, and the chair reviewed committee procedures, including how to request bill hearings, amendment deadlines, and handout deadlines. The committee also heard introductions from nonpartisan and partisan staff, including House Research and House Fiscal Analysis personnel who will support the committee’s work this session. The main substantive item was an overview presentation on the state budget and education finance process. Staff explained how Minnesota’s general fund is forecast twice a year, how the committee should read the budget documents and aid/levy tracking sheets, and how the current biennium compares with the upcoming budget window. They described the November forecast, noted that the committee will later receive the February forecast, and outlined the committee’s role in reviewing K-12 state aid spending, school district revenue, and property tax impacts. Staff walked through the aid appropriation summary spreadsheet and explained its columns, including end-of-session spending, fiscal year 2024-25 actuals and estimates, and the 2026-27 and 2028-29 planning horizons. They emphasized that many education programs are forecast-driven and can change with enrollment and other data. The presentation also summarized the state’s overall revenue mix and spending priorities, noting that K-12 education is the largest general fund category and that state aid makes up the majority of school revenue. No bills were heard and no votes or formal actions were taken.
MN

Minnesota 2025-2026 Regular Session

House Transportation Finance and Policy Committee 2/18/26

Transportation Finance and Policy

Transcript Highlights:
  • <00:19:45.520> in unique perspectives and interests in unique perspectives and interests in
  • Uh there uh that that calculates this.
  • <00:58:29.119> for areas in orange uh we calculated for areas in orange uh we calculated for
  • community community interest, community community community interest, community engagement<01:20
  • Um, and when community interest at all.
Keywords: 1183, house
HI

Hawaii 2025 Regular Session

EDT-HRE Informational Briefing 01-28-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • So, um, in just, just pretty much what it is for the calculation.
  • Companies donate to various community programs that align with their interest.
  • It’s very interesting. I think it’s great that you have the online component.
  • It’s very interesting. I think it’s great that you have the online component.
  • It’s very interesting. I think it’s great that you have the online component.
Keywords: 912, senate, all
FL

Florida 2026 Regular Session

FL House Floor Session - 2025-04-09 (1:00PM Session)

Florida House Floor Meeting

Transcript Highlights:
  • And moving forward in this budget, my calculation is at $285 million.
  • And by my calculation, That's what I said. Last year, that's what I'm talking about.
  • And moving forward in this budget, my calculation is at $285 million.
  • So in your calculations, did you take that into account?
  • So what is the actual compelling state interest to bring this bill?
Summary: The House convened with prayer, the Pledge of Allegiance, and a quorum present, then adopted the special order report and moved into a series of budget-related bills. The chamber first took up HB 5011/SB 2506 on environmental resource management and natural resources funding, where Democrats argued the bill would reduce recurring support for the Resilient Florida program, the Florida Wildlife Corridor, invasive species removal, and other conservation efforts. Supporters said the change would shift money from recurring to nonrecurring funding so the Legislature could reassess priorities each year and rely more on private-sector stewardship. After a strike-all amendment and conference posture change, SB 2506 passed 97-12. HB 5013, reducing state-funded property reinsurance reserves, passed 108-0, and HB 5501, redirecting documentary stamp tax distributions from housing and transportation trust funds into general revenue, passed 82-26 after extended debate over its impact on affordable housing and transportation funding. The House also passed HB 5015 on state group insurance, which requires DMS to develop a formulary management system and was described as producing significant savings; members raised concerns about prescription access and implementation, but the bill passed 109-0. HB 5201 on state financial accounting and HB 5203 on the Capitol Center both passed unanimously, as did HB 5009, which creates a Florida Accountability Office and reorganizes audit functions. The chamber then passed HB 7031, a major sales tax reduction bill lowering the state sales tax rate and several related rates; supporters framed it as permanent relief for all Floridians, while opponents said property tax relief would be more meaningful and that the sales tax cut would also benefit tourists and out-of-state visitors. HB 7031 passed 112-0. The House then began consideration of HB 501, the proposed fiscal year 2025-26 budget, totaling $112.9 billion and emphasizing reduced recurring spending and large reserves. Subcommittee chairs outlined their budget silos: K-12 education at $20.6 billion with teacher raises, school hardening, literacy, transportation stipends, and security funding for Jewish day schools; health care at $47 billion with full Medicaid and KidCare funding, opioid settlement spending, mental health beds, and senior services; transportation/economic development at $18.5 billion; agriculture and natural resources at $5.8 billion with reduced Everglades spending but continued water, resiliency, and land management funding; higher education at $8.7 billion; state administration at $2.9 billion; justice at $7.3 billion; and IT at $529 million for Florida PALM, FX, and other systems. Members then began questioning the K-12 budget, focusing on FEFP funding, proration, voucher growth, stabilization dollars, mental health and school safety funding, and whether districts would be held harmless under the proposed allocations.
MN

Minnesota 2025 1st Special Session

Committee on Labor - 01/30/25

Labor

Transcript Highlights:
  • the primary method of calculating the primary method of calculating building<00:21:44.080> permit
  • But I think there are some interesting concepts in this.
  • But I think there are some interesting concepts in this.
  • But I think there are some interesting concepts in this.
  • But I think there are some interesting concepts in this.
Keywords: 1187, senate, all
Summary: The Senate Labor Committee heard Senate File 560, a bill to require the Commissioner of Labor and Industry to establish a cost-per-square-foot valuation for residential building permits. Senator Dornink said the measure is intended to make permit fees more fair, reasonable, transparent, and predictable, and to reduce housing costs by limiting large differences in permit fees between municipalities. He said the bill would be sent to the Housing Committee without recommendation, and members discussed but did not act on a related amendment that would have shifted plan review and inspection fees to hourly and trip-based charges and made fee information publicly available. Testimony from Housing First Minnesota supported the bill’s goal, arguing that Minnesota’s housing shortage and high new-home prices make it important to reduce inefficiencies in the permitting system. The witness said permit valuations are often increased by cities, leading to higher costs for homebuyers, and cited examples of large fee differences between municipalities and claims of overcollection. He said some other states, including Texas and Wisconsin communities, use square-footage-based approaches. A League of Minnesota Cities representative opposed the amendment language and cautioned that trip charges and hourly billing would make fees less certain, could raise costs, and would be especially burdensome in Greater Minnesota; he said current valuation-based fees better reflect the actual cost and complexity of service and can be appealed if disputed. A representative of the Association of Minnesota Building Officials also raised concerns about the amendment, saying building departments provide consultations, inspections, plan review, and other services beyond a single trip, and that trip charges would not fit a responsive fee-for-service model. He said the current valuation system helps cover the full range of permitting work, though he acknowledged that a consistent square-foot valuation standard could improve transparency and reduce disputes over project value. Committee members asked about other states’ approaches and the scope of the bill, and the discussion emphasized that the proposal applies to one- and two-family dwellings.
CA
Transcript Highlights:
  • When the California Hemp Program was established in 2017, there was significant interest in growing hemp
  • So there's a whole list of things that go into calculating a corporation's tax.
  • So it is in the interest of Californians of all kinds not to bear that burden.
  • So it is in the interest of Californians of all kinds not to bear that burden.
  • But I'm very interested in making sure that we get those right.
Keywords: 987, senate, all
Summary: The subcommittee heard several May Revision proposals, primarily from the Department of Food and Agriculture, the Government Operations Agency, the Department of Technology, and the Franchise Tax Board. CDFA presented funding for the animal care program under Proposition 12, a transition away from the state hemp program to USDA oversight by January 1, 2028, ongoing support for agricultural statistics reporting after USDA reorganization, and trailer bill changes to the department’s indirect cost cap. The LAO generally supported the animal care, hemp transition, and statistics proposals, while also urging future review of the Prop 12 funding once litigation is resolved. The indirect-cost-cap language was described as technical and not increasing charges to programs, and it was held open with no objections from the LAO or Finance. The committee also discussed the new federal Workforce Pell program and related Cradle to Career funding and trailer bill language. Finance said the state is still reviewing federal rules and is focusing on basic implementation steps, with the trailer bill assigning eligibility determinations to the California Student Aid Commission, requiring data sharing through Cradle to Career, and prioritizing public institutions first. The LAO urged caution because the federal rules were just finalized and said the Legislature should better define the process and costs before appropriating the $1.3 million requested for Cradle to Career. Members raised policy concerns about limiting the program to certain institutions and about aligning the proposal with pending legislation and broader workforce policy. The Department of Technology presented a $1 million request for Poppy, the state’s digital assistant, to expand a secure GenAI platform for state employees. Members asked detailed questions about data security, model training, bias controls, and whether the system could eventually support local governments; CDT said the system uses state-controlled cloud infrastructure, does not use user data for training, and quarantines new models for review. CDT also sought provisional authority for the Middle Mile Broadband Initiative to cover possible operating shortfalls while the network is still being built; the LAO remained concerned about broad spending authority, and several members questioned the revenue assumptions and oversight. FTB then proposed retaining a smaller set of CalFile resources after the federal Direct File program was discontinued, with the LAO saying the reduced staffing level was broadly reasonable but still worth legislative scrutiny. The committee also began hearing the administration’s revenue proposals, including a permanent limitation on business tax credits and a tax on electronically delivered prewritten software, with the LAO generally supporting the goal of raising ongoing revenue but recommending changes to the software proposal’s exemptions and business-use treatment.