Video & Transcript : 'agronomic rate' :
Page 62 of 500
WA
Washington 2025-2026 Regular Session
House Local Government Jan 20th, 2026 at 10:30 am
Local Government
Transcript Highlights:
- It’s just not causing delays for market-rate housing.
- In either case, currently, even if it doesn't have the $3.60 rate, its levy rate would also have to be
- have to be eliminated or reduced until the levy rate is back at or under the maximum allowed rate.
- have to be eliminated or reduced until the levy rate is back at or under the maximum allowed rate.
- by the rate imposed by the fire protection district.
Committee:
House Local Government
Keywords:
renewable energy, nonemitting generation, public entities, contracting, electric generation, distributed energy, agricultural land, energy generation, renewable resources, siting regulations, land use, urban development, vegetation management, shrubsteppe, environmental regulation, economic development, sales tax, rural counties, industrial land banks, growth management
WA
Washington 2025-2026 Regular Session
House Finance Oct 14th, 2025
Transcript Highlights:
- We have built in another rate reduction later this year.
- Retail sales tax, when we talk about it, is a rate that is made up of two rates.
- It is a 6.5% state sales tax rate and then the applicable local sales tax rate, and that combined makes
- the sales tax rate that we pay on goods and services.
- The sales tax rate, again, for the state is 6.5%, 3.3% for Olympia.
Summary:
The committee first received a presentation from Dr. Reich on the Economic and Revenue Forecast Council (ERFC), including how the council’s joint executive-legislative forecasting process works, the main state revenue sources, and recent economic conditions. He said Washington’s economy is slowing, with weak employment growth, softer taxable sales, and uncertainty from tariffs, federal spending, and the federal shutdown. He also noted that the September forecast was reduced, mainly because of lower sales tax and real estate excise tax collections, and that the state still expects modest growth rather than a recession. Members asked about whether Washington tends to lag national downturns and how forecast information should affect budgeting; Dr. Reich said the forecast is a revenue tool, not a budgeting decision, and that spending choices remain with elected officials.
The Department of Revenue then presented on Washington’s sales and use tax structure and the implementation of Senate Bill 5814, which expands retail sales tax to several services effective October 1, 2025. Steve Ewing explained how sales and use tax are sourced, how reseller permits and the multiple points of use exemption work, and how the new law applies to live presentations, temporary staffing, investigations and security services, IT services, custom website development, advertising services, and custom software. He said DOR held listening sessions, issued interim guidance, and set up a centralized landing page and outreach efforts to help taxpayers understand the changes. He also described a six-month grace period for certain pre-existing contracts through March 31, 2026, but said penalties and interest still apply under the statute.
Committee members raised concerns about how businesses and individuals will know when a service is taxable, who is responsible for collecting and remitting tax, and how sourcing will work for services delivered across multiple locations or online. DOR staff walked through examples involving accounting services, live lectures, virtual events, advertising campaigns, and search engine marketing, including the use of reasonable allocation and pool codes when exact sourcing data is unavailable. Members also questioned the administrative burden on small businesses and professionals newly subject to tax, and whether additional legislative fixes or relief from penalties and interest may be needed. No votes or formal actions were taken in the work session.
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee Jul 9th, 2025
Transcript Highlights:
- California IOU, investor-owned utility electricity rates, are more than 50% higher than rates charged
- On electric rates, we already have a rate structure called B-20 for customers using more than one megawatt
- asking the PUC to consider whether a new rate specifically for large customers is needed.
- That includes a discussion of what rate design measures would be implemented similar to this bill.
- increases. ...on the folks that result in, you know, rate increases, frankly.
Summary:
The Assembly Committee on Utilities and Energy heard several bills focused on utility rates, wildfire safety, carbon capture, methane reduction, large energy users, low-income energy programs, and clean energy supply chains. Early items included SB 613, which would direct state agencies to prioritize reducing methane emissions from imported fossil fuels, and SB 614, which would allow California to move forward with carbon dioxide pipeline safety rules and potentially lift the state’s moratorium on new CO2 pipelines. Both bills drew support from advocates and industry-related witnesses, with no opposition registered at the time they were presented, and the committee indicated it would vote once quorum was established.
After quorum was called, the committee took up SB 57, which would require the Public Utilities Commission to establish tariffs for large energy users such as data centers to prevent cost shifts to other ratepayers and address stranded infrastructure costs. Supporters argued the bill would protect affordability and encourage clean energy use, while opponents, including utilities and business groups, warned it could create uncertainty and interfere with existing regulatory processes. The committee also heard SB 256 on wildfire mitigation and emergency response, including undergrounding, PSPS communication, and removal of abandoned lines; supporters emphasized the need for stronger action after recent fires, while utilities raised concerns about duplicative requirements and public disclosure of sensitive infrastructure information. Both SB 57 and SB 256 were approved on roll calls.
The committee then heard SB 647, which would expand and standardize oversight of low-income energy savings programs and performance metrics, with strong support from community advocates and some neutral or “tweener” positions from utilities that sought further work on data collection and implementation. SB 787 followed, proposing a state strategy to coordinate supply chains and workforce development for clean energy industries including EVs, building decarbonization, and offshore wind; it received broad support and no opposition. The committee also considered SB 332, a study bill on utility ownership models and affordability reforms, which drew strong support from consumer and climate advocates but opposition from utilities and business groups concerned about bias, investor signals, and executive compensation provisions. The consent calendar was later approved, and several bills were reported out with votes or held open for absent members to add on.
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee Jul 9th, 2025
Utilities and Energy
Transcript Highlights:
- California IOU, investor-owned utility electricity rates are Over corporations, sorry.
- California IOU, investor-owned utility electricity rates are more than 50% higher than rates charged
- On electric rates, we already have a rate structure called B-20 for customers using more than one megawatt
- jointly asked the PUC to consider whether a new rate specifically for large customers is needed.
- jointly asked the PUC to consider whether a new rate specifically for large customers is needed.
Committee:
House Utilities and Energy
Summary:
The committee heard a series of energy and utility bills, with most measures moving forward on party-line or near-party-line votes after extensive testimony. Early items included SB 613, which would direct state agencies to prioritize reducing methane emissions from imported fossil fuels, and SB 614, which would allow California to move ahead with safety rules for carbon dioxide pipelines and lift the current moratorium on new CO2 pipelines. Both bills drew support from industry and clean-energy advocates and no opposition testimony was offered at the hearing.
A major portion of the hearing focused on SB 332, which would require a study of whether California should continue using investor-owned utilities, tie executive compensation to affordability metrics, and improve transparency around utility disconnections. Supporters argued the bill would put ratepayers first and examine safer, more affordable utility models, while opponents, including the Chamber of Commerce and major utilities, warned it would send a destabilizing signal to investors and was not a neutral study. Members raised concerns about the bill’s tone and market impacts, but the author said the study was intended to be even-handed; the bill later advanced on a 10-5 vote.
The committee also approved SB 57, which creates a tariff framework for large energy users such as data centers to prevent cost shifts to other customers and to address stranded grid costs. Supporters said the bill would protect ratepayers and encourage clean energy use, while utilities and large energy users argued existing CPUC processes already address many of the issues and warned against overly rigid rules. SB 256, dealing with wildfire mitigation, emergency response coordination, undergrounding, and removal of abandoned lines, drew strong support from an Altadena community witness affected by the Eaton Fire, while utilities raised concerns about duplicative mandates and public disclosure of sensitive infrastructure information. SB 647, aimed at improving low-income energy program access and performance metrics, and SB 787, which would coordinate state clean-energy supply chain development for EVs, building decarbonization, and offshore wind, also advanced after supportive testimony from labor, environmental, and community groups. The committee later approved a consent calendar of additional bills and left several measures on call for absent members to add votes."}
LA
Transcript Highlights:
- And personally, I've seen my rates increase doubled.
- My rates went from $6,500 three weeks ago to $11,000.
- The reason this issue came up was because we talked about rate making.
- That's not going to reduce rates for policyholders.
- They decreased their rates in their filings.
Committee:
House Insurance
Summary:
The House Committee on Insurance met on March 25 and took up House Bill 577 by Representative Glorioso, which would change Louisiana’s bad-faith insurance penalty language from a flat 50% to “up to 50%,” giving judges discretion to award a lower penalty in cases involving minor or technical delays. Glorioso argued the bill would correct an omission from the 2024 consolidation of the bad-faith statutes, reduce unnecessary litigation over nominal delays, and potentially help lower reinsurance and homeowners’ insurance costs. Committee members questioned whether the change would weaken consumer protections or reward insurer misconduct, especially in catastrophe claims after storms, and whether any real rate relief would follow.
Opposition testimony came from the Louisiana Association of Justice and Real Reform Louisiana. They argued the current penalty provisions are important guardrails that help force timely payment and fair handling of claims, especially after hurricanes, and that the bill would reduce deterrence without producing meaningful premium reductions. They also said insurers already have substantial time and procedural protections under the law, and that penalties are rarely awarded but serve as leverage in settlement negotiations. Supporters and the Department of Insurance said Louisiana’s penalty structure is an outlier compared with other states and that the bill could make the market more competitive, though the department said it did not have court data on bad-faith judgments and could not quantify the bill’s effect on rates.
After debate, Representative Glorioso closed by saying he was open to further language changes but asked the committee to advance the bill. The committee then voted 10 yeas and 6 nays to report House Bill 577 favorably. Afterward, the committee moved on to the next item, House Bill 955.
LA
Transcript Highlights:
- And personally, I've seen my rates increase doubled.
- My rates went from $6,500 three weeks ago to $11,000.
- The reason this issue came up was because we talked about rate making.
- That's not going to reduce rates for policyholders.
- They decreased their rates in their filings.
Committee:
House Insurance
FL
Florida 2025 Regular Session
October 8, 2025 - 10:30 AM
Transcript Highlights:
- But the cap is really the average commercial rate.
- The average commercial rate is higher than it is. That is the Medicare rates.
- I think it varies depending upon what that average commercial rate.
- But in my mind, 1.9 4 of the Medicare rates to get reimbursement rate for Medicaid.
- You know, there's at the base rates, the purity rates that we pay on the inpatient eap tier.
TX
Transcript Highlights:
- Typically we intervene in base rate proceedings.
- So if they feel they have to have a rate increase, they'll file for that, go ahead and use the rate.
- So if they feel they have to have a rate increase, they'll file for that, go ahead and use the rate increase
- there could be an interim rate while that case is being resolved.
- Do we think that that is a just and reasonable rate to set?
Committee:
Senate Nominations
Summary:
The Senate Committee on Nominations met with a quorum and first took up pending nominations from an earlier agenda. Members severed Douglas McReecken, nominated to the Texas Tech University System Board of Regents, from the rest of the list and then voted to report the remaining nominees to the full Senate by a 7-0 vote. The committee then voted on the severed nomination itself and reported Douglas McReecken to the full Senate as well, by a 5-2 vote.
The committee heard testimony from Brooke Pop, reappointed as chair of the Texas Commission on Environmental Quality, and later from Commissioner Katarina Gonzalez, also of TCEQ. Questions focused on whether TCEQ rules comply with state law, ex parte restrictions, public transparency, concrete batch plant permitting, MUD approvals, water availability, illegal dams, enforcement, and the agency’s role in local environmental disputes. Both nominees said they follow the law as written, described internal legal review of rules, and emphasized transparency, public outreach, and enforcement; Gonzalez said she had already sent back two rules she believed did not comply with legislation. Members also discussed TCEQ’s authority limits and the need for clearer public communication about what the agency can and cannot regulate.
The committee also considered Alethea Sullivan, nominated to the Texas Southern University Board of Regents. Questions centered on TSU’s status as an independent institution, the role of HBCUs amid DEI-related legal changes, and student outcomes. Sullivan said she would focus on ensuring taxpayer and student resources produce valuable credentials and noted concerns from her review of graduation and bar passage rates. The committee then heard from Benjamin Barkley, appointed chief executive and public counsel of the Office of Public Utility Counsel. Barkley said OPUC’s main need is additional funding to recruit and retain attorneys and expert witnesses, reduce turnover, and continue representing residential and small commercial consumers in utility rate cases; he said the office was involved in 73 contested cases and saved Texans $2.2 billion in FY 2024. No final action was taken on the later nominees, and the committee recessed with nominations left pending.
FL
Florida 2026 Regular Session
Appropriations Committee on Higher Education Feb 5th, 2025
Appropriations Committee on Higher Education
Transcript Highlights:
- The first is our retention rate, or success rate.
- And so we look at the retention rate, the success rate, the completion rate.
- or success rate metric, and about 98.97% meeting the continuing education or employment rate metric
- at an 85% passage rate.
- placement rate of 91%, and a licensure pass rate of 98%.
Summary:
The Appropriations Committee on Higher Education received an overview of Florida’s career and technical education (CTE) system from Chancellor Kevin O’Farrell, who described the state’s CTE pathways, program types, enrollment and completion growth, quality audit metrics, and the Master Credentials List used to identify credentials of value. He highlighted record postsecondary CTE enrollment and completions, strong statewide performance in talent attraction, and several funding tools supporting expansion, including Open Door, the Florida First Responder Scholarship, Workforce Development Capitalization grants, Perkins funding, CAPE performance incentives, and apprenticeship grants. Senators asked about eligibility for Open Door and first responder aid, top industry certifications, and the teacher apprenticeship initiative.
A panel of college and technical school leaders then described how state and federal funding has supported local program growth and facility expansion. Santa Fe College, Palm Beach State College, North Florida Technical College, Lake Technical College, Florida Gateway College, and Manatee Technical College each cited increases in enrollment, high placement or licensure pass rates, and new or expanded programs in nursing, welding, CDL, automotive, manufacturing, public safety, and apprenticeship. Several speakers emphasized partnerships with hospitals, employers, school districts, and local governments, and noted that grants helped fund equipment, renovations, and new training hubs. Palm Beach State also raised a request to broaden line funding beyond nursing to other health science fields, and multiple presenters asked for more flexibility, multi-year support, and continued or increased funding to sustain growth.
Members discussed broader challenges, including the difficulty of sustaining grant-funded growth after initial awards, the lag between enrollment growth and funding formulas, and alignment problems for dual enrollment and technical programs with high school schedules. Senators also noted the need to balance support for high-demand core programs like nursing and welding with the ability to respond quickly to emerging industries such as AI and space. The meeting ended with no formal action beyond adjournment after Senator Davis moved to adjourn.
ND
North Dakota 2026 1st Special Session
Higher Education Funding Review Committee Mar 25th, 2026 at 09:00 am
Higher Education Funding Review Committee
Transcript Highlights:
- undergraduate rate is.
- We did what Carla was talking about, take a look at the rates, you know, on our existing rates.
- But under this, using those rates, those completion rates, the base is about 86 and a half.
- There's not different rates between completion rates between the campuses because the differences in
- We have different completion rates.
TX
Texas 89th Regular
Senate Committee on Finance Jul 28th, 2026
Transcript Highlights:
- Texas had a lower error rate compared to the national rate, which was good news.
- Texas had a lower error rate compared to the national rate, which was good news.
- . ...rate or the 2026 rate to determine our 2028 cost share.
- our error rate.
- rate of greater than 50 percent.
Summary:
The Senate Finance Committee met to hear interim charges on higher education transparency and on preventing fraud, waste, and abuse in state government. The chair emphasized accountability for taxpayer dollars and asked witnesses to address financial reporting, audit practices, and whether more frequent or comprehensive audits would improve oversight. Legislative Budget Board staff described how public university systems and most community colleges respond to requests about internal audit practices, noting that university systems generally follow a similar annual audit timeline and that community colleges use a more varied mix of internal and external audit arrangements. Members focused on gaps in reporting, especially Texas Southern University’s missing submissions for several years and Collin County Community College’s nonresponse to the LBB survey.
The State Auditor’s Office then outlined its higher education audit work, including mandatory statewide single audits, DEI compliance audits, HUB and State Use Program audits, benefits proportional audits, and discretionary audits based on risk. The auditor said the office has released 43 higher-ed audit reports since fiscal year 2021 and has two audits in progress, and explained that internal audit reports from institutions help guide future audit selection. Senators pressed the office on the lack of enforcement authority, the value of internal auditors at each institution, and whether community colleges should have more standardized reporting and audit requirements. The auditor and general counsel said the SAO can refer suspected fraud to law enforcement but cannot itself enforce findings, while several senators suggested stronger clawback authority and more robust internal audit structures.
The Texas Higher Education Coordinating Board explained that it collects annual financial reports, sources-and-uses data, and community college finance reports, and uses them for funding formulas and other reporting. It also trains governing board members and said it has limited regulatory authority, though community colleges must certify compliance annually and can lose eligibility for state funds if they do not. Members questioned the reliability of self-attested data, the adequacy of board training, and whether a single reporting structure would be more efficient. During public testimony, a ScholarShot representative argued for clearer, student-facing financial transparency so students can see total cost of attendance and the gap they must cover before enrolling.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on the Judiciary Jun 21st, 2026 at 01:00 pm
Joint Committee on the Judiciary
Transcript Highlights:
- at a market rate.
- Today, that interest rate is 12%.
- However, prejudgment interest rates above market rate can result in windfalls for plaintiffs and can
- at a market rate today that interest rate is 12%.
- However, prejudgment interest rates above market rate can result in windfalls for plaintiffs and can
Committee:
Joint Joint Committee on the Judiciary
Summary:
The Joint Committee on the Judiciary held a hearing on bills in the Civil Actions 2 and Court Administration areas, with testimony spanning judicial security, judicial compensation, civil process fees, bar advocate compensation, interstate discovery, defamation protections for sexual assault survivors, and related criminal procedure changes. Chairs Edwards and Day opened with housekeeping rules on testimony limits and written submissions, then called witnesses on each bill in turn.
On H. 1766, judicial officers and the Massachusetts Bar Association strongly supported a judicial security bill that would protect judges’ personal information, citing threats, online harassment, swatting, and violence against judges and their families. On H. 1819, judges and the Massachusetts Judges Conference asked for higher compensation, saying Massachusetts judges rank low nationally after cost-of-living adjustment and that pay affects recruitment and retention. The committee also heard support for H. 1582/S. 1183 to raise civil process service fees, with sheriffs saying the fees have been unchanged since 2003 and are needed to cover rising costs, safety equipment, and operations funded by those fees.
The committee heard from prosecutors on H. 1604 and H. 1846, which would give district courts concurrent jurisdiction over certain school-threat and leaving-the-scene offenses, allowing prosecutors to handle less serious or panic-driven cases more efficiently while preserving mandatory penalties. CPCS and bar advocates supported H. 1876 on bar advocate compensation, describing a continuing shortage and crisis in indigent defense despite recent pay increases and staffing investments. The Boston Bar Association supported H. 1857, a Massachusetts version of the Interstate Depositions and Discovery Act, saying it would simplify out-of-state discovery and reduce cost and delay.
A large portion of the hearing focused on H. 1974/S. 1143, which would protect survivors of sexual assault and harassment from retaliatory defamation suits unless the plaintiff proves actual malice, and would allow fee shifting and damages against abusive suits. Survivors, advocates, and attorneys described threats, legal costs, and chilling effects that silence reporting, while supporters said the bill would protect truthful speech and improve access to counsel. The committee also heard insurance-industry testimony on S. 1101, which would change personal injury protection payment rules to require insurers to tender disputed amounts within 30 days to avoid attorney’s fees; insurers said the bill would curb a growing volume of provider lawsuits and reduce abuse of the no-fault system. No votes were taken during the hearing, and the chair closed after all scheduled testimony was complete.
FL
Transcript Highlights:
- They may have to hold the millage rate steady.
- Chapman, a city manager, why are you recommending this rate versus going to rollback rate?
- You can always move the millage rate down.
- You can't always move the millage rate up once you get to that point of the game.
- So we cannot adjust our rates on the local level.
Committee:
Senate Community Affairs
Summary:
The Committee on Community Affairs convened with a quorum and took up SB 308, a bill related to the Florida Museum of Black History. The bill would establish a Florida Museum of Black History Board of Directors and direct it to work with a supporting nonprofit foundation, while also requiring the St. Johns County Board of County Commissioners to provide administrative assistance and staffing until planning, design, and engineering are complete. With no appearance forms or debate, the committee voted the bill favorably.
The remainder of the meeting was an informational briefing from the Florida Association of Counties and the Florida League of Cities on local government budgeting practices. Presenters explained how counties and cities develop budgets, the legal framework governing property taxes and other revenues, the distinction between restricted and unrestricted funds, and the role of constitutional officers, public safety, debt, pensions, and capital planning. They emphasized that most local revenues are restricted by law, that general funds are the main discretionary source, and that local governments must balance annual budgets while meeting mandated service levels.
The presenters also discussed how property taxes, fees, local option taxes, and state-shared revenues support local services, and they highlighted the fiscal pressures created by public safety, emergency management, infrastructure, and retirement costs. Members asked questions about the share of local revenue that is unrestricted and the implications for any proposal to eliminate property taxes. The presenters responded that only a portion of county and municipal revenue is flexible, with much of it dedicated to specific purposes by law.
TX
Transcript Highlights:
- And is it earning interest at the rate of inflation of these projects?
- What allows or affords smaller entities to utilize that credit rate for better rates?
- but that underlying credit rating also is a to the rating agencies and to the board.
- Their credit rating will come on as part of the PUA.
- The rate setting doesn't change at all.
Committee:
House Natural Resources
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Mental Health, Substance Use and Recovery Jun 21st, 2026 at 01:00 pm
Joint Committee on Mental Health, Substance Use and Recovery
Transcript Highlights:
- , not a reduced rate, which is what we get often now.
- The only ones we get a full rate for is the DMH that are waiting for a hospital.
- not a reduced rate, which is what we get often now.
- The only ones we get a full rate for is the DMH that are waiting for a hospital.
- as related to the Medicare reimbursement rate.
Summary:
The Joint Committee on Mental Health, Substance Use and Recovery held a public hearing on 14 bills focused on insurance, parity, opioids, behavioral health access, and mental health system reform. Chair Mindy Domb and Vice Chair Robyn Kennedy outlined hearing procedures and noted the committee would accept written testimony. The hearing featured testimony from legislators, providers, advocates, and behavioral health organizations, with most speakers urging favorable reports on the bills they addressed.
A major topic was psychiatric collaborative care, including H. 222/S. 1390, which would raise reimbursement for collaborative care codes to at least Medicare levels and allow billing outside the MassHealth primary care subcapitation model. Supporters said the model improves access, outcomes, and cost savings by embedding behavioral health in primary care, and several witnesses described successful implementation in practices and schools. Committee members asked questions about how the model works, what specialties use it, barriers to adoption, and whether copays, deductibles, and subcapitation rules should be changed. Witnesses also supported related innovation legislation, including H. 2224, which would create a mental health innovation fund and support nontraditional trauma-healing approaches.
Other bills discussed included H. 2212, which would require prescribers to discuss opioid and pain-medication risks, alternatives, and addiction/overdose concerns with patients or guardians; H. 2232 and H. 2233, which would address equitable payment and equitable access for behavioral health providers serving MassHealth patients; and S. 1406, which would add opioid maintenance treatment information to MassPAT and allow patient-authorized access to that information. Witnesses also strongly backed S. 1399, which would set targets to increase behavioral health spending within the overall health care cost benchmark, arguing that Massachusetts underinvests in behavioral health and that greater investment could reduce emergency, hospitalization, homelessness, and criminal justice costs. No votes were taken; the hearing concluded after testimony and committee questions.
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 2/19/25
Commerce Finance and Policy
Transcript Highlights:
- In 2022, the coinsurance rate was reduced down to 60% for budgetary reasons.
- They're more at the market rate of reimbursement, is that correct? Chair, yes.
- It is at a commercial reimbursement rate, so they pay more than a state-funded program.
- They're more at the market rate of reimbursement, is that correct? Chair, yes.
- They're more at the market rate of reimbursement, is that correct? Chair, yes.
Committee:
House Commerce Finance and Policy
ND
North Dakota 2026 1st Special Session
Legislative Management Jun 11th, 2026 at 08:00 am
Legislative Management
Transcript Highlights:
- There's a free rate, a reduced rate, and then a paid rate.
- What would the participation rate be?
- The federal government sets those reimbursement rates every July.
- So obviously, we're going to expect a higher participation rate.
- So obviously, we're going to expect a higher participation rate.
Committee:
Joint Legislative Management
FL
Florida 2025 Regular Session
December 10, 2025 - 01:00 PM
Transcript Highlights:
- Last year we had a 12.5% vacancy rate this year. We have a 9.5% vacancy rate.
- We got that rate down from 48% to 18%. Still work to be done there.
- Begin see rate for approximately 17%.
- They review rate cases, conduct financial and economic analysis.
- Every single one of them, our turnover rate is 7.1%.
FL
Transcript Highlights:
- lower the tax rate, it affects everybody equally.
- if you lower the tax rate, it affects everybody equally.
- What's the rollback rate?
- over that rollback rate must be advertised as a tax increase.
- It talks about the rollback rate.
Committee:
Senate Finance and Tax
Summary:
The Committee on Finance and Tax met with a quorum present and heard a presentation from the Property Appraisers Association of Florida on ad valorem valuation, exemptions, and the property tax process. Lauren Levy reviewed the legal and historical framework of Florida property taxation, including Save Our Homes, the 10% cap on non-homestead assessments, portability, tangible personal property exemptions, TRIM notices, and the distinction between taxable value and millage rates. He emphasized that property appraisers are independent constitutional officers who assess just value, administer exemptions, and are overseen by the Department of Revenue, with values and exemptions generally determined as of January 1 and subject to challenge through the Value Adjustment Board or circuit court.
Mike Twitty described the mass appraisal process in Pinellas County, explaining how property appraisers value large numbers of parcels using the same core approaches as fee appraisals but with statistical testing, field reviews, aerial imagery, and technology. He discussed the importance of budget, staffing, and the January 1 valuation date, and noted that recent hurricanes caused significant damage, increased petitions, and required new procedures to help property owners with value reductions and FEMA-related issues. Paul Polk focused on Department of Revenue oversight, explaining sales ratio studies, uniformity measures such as COD and PRD, time adjustments, sales qualification reviews, and in-depth studies that can lead to corrective action if assessment standards are not met. He also noted that the Department reviews property appraiser budgets to preserve independence from county pressure.
Senators asked about the supersized homestead concept, DOR review and rejection standards, value trends, and the impact of storms and new construction on taxable value. Twitty and Polk said value growth has been driven by a mix of new construction, market appreciation, cap resets, and storm-related adjustments, while noting that some counties saw market value decline even as taxable value rose. They also said some property tax relief proposals would be easier to implement than others depending on how local tax bills are structured, especially where law enforcement millage is separately identified. No votes were taken on legislation, and the committee adjourned after the presentation.
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Jun 25th, 2025
Transcript Highlights:
- That's a rate per 1000.
- And then our state's rate of repeat maltreatment also remains considerably higher than the national rate
- In last legislative session we had asked to increase that rate.
- So a daily rate of $20.91, Secretary: which is a monthly rate if it's a 31 day month of $648, we'll be
- So what we are rating and then are there national levels?