Video & Transcript Research : 'interest calculation'

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NM

New Mexico 2026 Regular Session

House - Energy, Environment and Natural Resources Feb 3rd, 2026 at 08:29 am

House Energy, Environment & Natural Resources

Transcript Highlights:
  • That should be available on the website if anyone's interested.
  • This is a very interesting concept.
  • But it's interesting, and I'd like to understand it more before I give you the yes.
  • Chair, first the annual distribution is calculated on a three-year moving average.
  • So, kind of along the same lines, would you be interested in adding a member from the military?
Keywords: 996, all
KY
Transcript Highlights:
  • Uh again, it's really calculated on individual student performance.
  • <00:42:24.400> individual really uh calculated on individual really uh calculated on individual
  • And so, as a nor the calculation.
  • Uh, I mentioned conflict of interest.
  • Uh one topic that we get quite interest.
Summary: The Education Assessment & Accountability Review Subcommittee approved the minutes from its October 14 and November 4 meetings and also approved the Office of Education Accountability report analyzing student discipline data in Kentucky schools. The main presentation came from KDE Commissioner Dr. Robby Fletcher on implementation of House Bill 257, which he said has two major parts: selection of a statewide college entrance exam through a new procurement process, and development of locally designed indicators of quality for accountability. On the college exam, Fletcher explained that the state had to reopen procurement after Senate Bill 197, with the RFP released May 21, vendor questions handled through the Finance and Administration Cabinet, proposals due June 22, and scoring and review expected in July and August, with a vendor decision not likely until October. He emphasized that the exam is a norm-referenced college-readiness measure, not a test of Kentucky academic standards, which are assessed by the KSA. Members asked about the science requirement in statute, the possibility of multiple vendors or district choice, and whether the CLT could participate; Fletcher said vendors must address science in the RFP, multiple vendors could be possible, and any vendor could submit a proposal if it meets the rubric. He also noted that ACT and SAT differ in structure, that either can meet college-readiness benchmarks, and that there were no major complaints about the SAT during its first year of use. The second major topic was the locally developed indicators of quality under House Bill 257. Fletcher said these are intended to let districts measure themselves against their own goals rather than compare districts statewide, while still aligning with Kentucky standards. He described examples such as achievement, growth, student well-being, safety, fiscal responsibility, civics, internships, apprenticeships, project-based learning, and defenses of learning. He said districts may use local assessments such as MAP, STAR, and I-Ready alongside state data, and that local models should be developed with families, community members, and workforce partners. He added that KDE is providing technical assistance, has applied for a federal CGSA grant, and will use a one-time $15,000 cost offset for districts implementing local accountability models, with a superintendent webcast planned for August.
KY
Transcript Highlights:
  • That's an interesting conversation to have.
  • <00:16:06.000> We're interesting conversation to have.
  • We're interesting conversation to have.
  • year for them to play interesting year for them to play catch-up<00:19:41.120> because<00:19:
  • Kentucky, we have to each year calculate Kentucky, we have to each year calculate a<01:10:59.440
Summary: The committee first took up an update from the Kentucky County Clerks Association on the transition to electronic recording and land records modernization. Testimony explained that legislation from the 2021 task force created funding and deadlines for counties to provide online search portals and complete a 30-year property record search, with a later move to a 60-year standard. Speakers said the money has been awarded to counties, but much of the work is still in progress because records must be scanned, indexed, and manually verified. They said only a handful of counties are fully compliant with electronic recording so far, while many are still working through staffing and vendor issues. They also noted that the 60-year standard may ultimately be easier and more efficient to complete than the 30-year standard, and that compliance is expected to improve by next summer. The clerks’ representatives also raised related issues, including deed fraud, the county document storage fee, and KDLA digitization grants. They said online recording can make deed fraud easier to attempt, so they expect to seek legislation next session to address it. They described an existing notification service available in many counties that alerts property owners when a document is recorded, which can help detect suspicious activity quickly. They also said the storage fee and separate county account structure has generally worked well, but that two recent KDLA grant cycles have not released money for clerks, limiting support for digitization work. Another topic was whether, once records are fully digitized and verified, some permanent records should remain publicly accessible or be moved to a safer archive under KDLA control. Members asked about the balance in the KDLA fund, what the General Assembly could do to help lagging counties, and how much of the $25 million modernization funding had been spent. Witnesses said they did not have the current fund balance but would try to get it, that the main obstacle now appears to be staffing rather than additional money, and that the funds have been awarded but not fully expended because work is still ongoing. They emphasized that counties are helping one another and asked members to alert association leadership if any county is struggling. The committee then heard a presentation from Dan London, executive director of the Lincoln Trail Area Development District, who described area development districts as regional staff extensions and technical resources for cities and counties, and highlighted their role in coordinating regional services and partnerships across county lines.
CA
Transcript Highlights:
  • different from earned income and have taken steps to exclude disability benefits from household income calculations
  • session and Congress, they acted to remove disability income from government housing eligibility calculations
  • SB 888 simply excludes VA service-connected disability compensation from the calculation of household
  • Program is self-supported, with veterans repaying their loans through the mortgage payments and interest
  • Tax Reform Association is a nonprofit organization of labor, public health, education, and public interest
Summary: The Assembly Committee on Military and Veteran Affairs heard several veteran-focused measures, with extensive testimony in support from veterans’ organizations and individual veterans. SB 888 would exclude VA service-connected disability compensation from household income calculations for the low-income disabled veterans’ property tax exemption, addressing a situation where disability benefits can disqualify veterans from tax relief. SB 1354 would prohibit military personnel from another state, territory, or district from entering California to perform military or law enforcement functions without the Governor’s express permission, while preserving Title X activity, training, and mutual aid arrangements. SB 623 would place the Veterans Bond Act of 2026 on the ballot to authorize a $1.25 billion general obligation bond for the CalVet Home Loan Program, which supporters said is nearing depletion of bond authority and remains a critical path to homeownership for veterans and military families. SB 1407 would increase the state income tax exclusion for military retirement pay and surviving spouse benefits to the first $40,000, subject to income caps, as a retention measure to keep military retirees in California. Supporters for the bills emphasized housing stability, affordability, retention of veterans in California, and the economic benefits of keeping military retirees and their income in the state. SB 888 and SB 623 drew broad support from veterans’ groups, county veterans service officers, and related organizations, with no opposition testimony. SB 1354 also received support from veterans’ advocates, while committee members sought clarification on training, mutual aid, and the bill’s scope, and the author agreed to work on amendments. SB 1407 drew strong support from veterans and military organizations, but also formal opposition from the California Tax Reform Association, which argued the state already provides generous veteran benefits and that the tax break would be unfair to other public servants. The committee voted to advance all four measures. SB 888 was approved and re-referred to Revenue and Taxation; SB 1354 was approved as amended and re-referred to Public Safety; SB 623 was approved as amended, given urgency, and re-referred to Housing and Community Development; and SB 1407 was approved and re-referred to Revenue and Taxation. The consent item, SCR 143, was adopted unanimously. After the initial votes, the committee later took add-on votes to confirm passage of SB 888 and SB 1354, and the meeting adjourned.
FL

Florida 2025 Regular Session

October 15, 2025 - 08:00 AM

Transcript Highlights:
  • THE MONTHLY RATES CALCULATED WERE MODELED TO BE BUDGET NEUTRAL AND WITH IN LEGISLATIVE APPROPRIATIONS
  • THE REPORT PROVIDED APD AND ACHA WITH THE RIGHT OPTIONS FOR MONTHLY RATES CALCULATED FOR 16 OR MORE SERVICE
  • STILL TALKING WITH MEMBERS FROM ARC AND LARGER ASSOCIATIONS WHICH REPRESENT IT. >> Chair: THE WHOLE CALCULATION
  • PARTICULARLY I'M INTERESTED IN THAT IN RESPECT TO YOUR PER CHILD PER FUNDING THE TIER NUMBER TWO WITH
  • >> THAT IS AN INTERESTING QUESTION.
KY
Transcript Highlights:
  • LOIC staff calculated SERVS expenditures.
  • <00:08:22.080> serves LOIC staff calculated serves LOIC staff calculated serves expenditures
  • any interest on late payments were paid. any interest on late payments were paid.
  • >> There are not. >> Interesting. Has there been any sort of paperwork?
  • <01:06:17.440> Interesting. >> Not that you're aware of. Interesting.
Summary: The committee heard a staff report on Kentucky’s statewide emergency responder voice system (SERVS), a multi-phase project intended to improve interoperable radio communications for first responders. Staff said Kentucky State Police did not appear to have violated statutes or regulations, but the project lacked an overall master plan, clear milestones, and consistent documentation, which contributed to delays, spending issues, and deployment problems. The report recommended updating the Kentucky Field Operations Guide to reflect SERVS and noted that the project has been funded in phases since 2018, with appropriations totaling roughly $216 million across 2018, 2020, 2022, and 2024, while about $109 million had been spent by the end of fiscal year 2025. The report raised concerns about project sequencing and oversight. Staff said most spending was concentrated in special mobile equipment, with Motorola accounting for about two-thirds of all SERVS expenditures and the top four vendors making up 81 percent of spending. They also said a sample of Motorola payments suggested possible late payments, though they could not confirm whether interest was paid. Staff criticized the use of master agreements for a project of this size, the lack of a centralized ledger, and the absence of a documented timeline or risk mitigation plan. They recommended stronger procurement and planning requirements, including possible legislative changes requiring approved master plans for large capital projects and additional funding conditions tied to SERVS master agreements. Land acquisition and deployment progress were identified as major bottlenecks, especially in Eastern Kentucky. Staff said the project began in western Kentucky using existing tower sites, but the remaining work is concentrated in harder-to-acquire areas, with more than 95 percent of new towers still incomplete. They said the Division of Real Properties did not begin formal contract work on acquisition until October 2024, despite earlier coordination, and recommended earlier consultation on future projects. Staff also noted that the Kentucky Wireless Interoperability Executive Committee had not been active in oversight, and survey results showed limited awareness and involvement among first responders. Committee members agreed that the lack of an initial implementation plan and the continuing need for funding reflected broader planning problems, and they discussed the need for a clearer end-to-end game plan rather than continuing to fund the project without a defined completion path.
ND

North Dakota 2026 1st Special Session

Higher Education Institutions Committee Jun 19th, 2026 at 09:00 am

Higher Education Institutions Committee

Transcript Highlights:
  • So this is an interesting slide.
  • So this is an interesting slide.
  • South Dakota is interesting. That number actually... ...percent. South Dakota is interesting.
  • This is an interesting chart.
  • I have another calculation question for you.
Keywords: 908, all
ND
Transcript Highlights:
  • So this is an interesting slide.
  • South Dakota is interesting. That number actually... ...percent. South Dakota is interesting.
  • So anyway, an interesting stat to share with you.
  • This is an interesting chart.
  • So if it's of interest, we may be wanting to collaborate. K-12.
Summary: The committee met at North Dakota State College of Science for a presentation from President Flanagan and campus leaders on the college’s mission, enrollment growth, workforce programs, facilities needs, and industry partnerships. Flanagan highlighted student success in national competitions, strong placement and retention, the college’s strategic plan, and new or expanding programs such as aviation maintenance, fire science, dental hygiene, community health worker, surgical technology, HVAC/plumbing, and precision agriculture. He also described the need for a new dorm and a remodel of the library into academic and allied health space, including a simulation center, to address capacity limits and support growth. Several committee members asked about program demand, faculty recruitment, pay competitiveness, and how the college shifts resources from lower-demand programs to high-demand ones. Industry partner Jim Albright of Comdell testified that the college has been essential to the local manufacturing workforce and that many employees and interns come from NDSCS. A major topic was dual credit. Flanagan said dual credit is important but financially challenging, noting that only a small share of dual credit students ultimately matriculate to NDSCS and that the college’s dual credit model is close to break-even. He explained that many dual credit credits are general education rather than CTE, and that the college pays instructors, supports high schools, and absorbs indirect costs. Williston State College President Bernal Herning added that his institution loses money on the front end but has shifted toward helping students complete associate degrees before high school graduation because many go directly to work after high school. Committee members questioned how dual credit is delivered, how instructors are qualified, and whether students are truly doing college-level work. The committee then received a University System presentation from Jamie Wilkie on the cost of delivering dual credit statewide. Wilkie explained the methodology used to allocate direct and overhead costs and said the analysis shows dual credit is not profitable at several institutions once tuition, instructor payments, and overhead are included. Members asked how much of the cost is borne by students, families, and the state, and whether K-12 funding should also be considered. Discussion also covered the difference between subsidized and unsubsidized dual credit, payments to high school teachers or schools, and the possibility of waiving tuition in the future. No votes were taken, and the committee mainly gathered information for the ongoing dual credit cost study.
FL

Florida 2026 Regular Session

Military and Veterans Affairs, Space, and Domestic Security Oct 14th, 2025

Military and Veterans Affairs, Space, and Domestic Security

Transcript Highlights:
  • And I do want to say that of all the veterans I talk to, 98% of them are very interested, of course,
  • So I'm just sharing that: they are very interested in that. Looking at my notes here, all right.
  • The way the calculation is done, it’s a federal calculation.
  • Next, I want to talk in this recovery theme, if you will, about Florida's recovery obligation calculation
  • So the Florida Recovery Obligation Calculation, or FROC, and we have trademarked that, is a program that
Summary: The committee first heard a presentation from Major General James Hartzell of the Florida Department of Veterans’ Affairs on the agency’s mission, outreach efforts, state veterans nursing homes, and support programs. He highlighted Florida’s large and growing veteran population, the state’s existing nursing homes and the planned 10th home in Collier County, and the department’s dental assistance program, which served 245 veterans in the first quarter of the fiscal year and completed 1,631 procedures while saving more than $525,000. He also discussed veteran service officers, the benefits guide, the department newsletter, efforts to reduce veteran homelessness, and mental health outreach through the Overwatch/Firewatch program. Senators asked about future nursing home locations, adult day health care, homelessness, and the dental program; Hartzell also announced that retired Colonel D.J. Reyes will become deputy executive director on November 7. The committee then heard from Kevin Guthrie, Executive Director of the Division of Emergency Management, on disaster response, recovery, and agency modernization. He described the State Emergency Response Team, the new Florida Central Operations and Coordination Office warehouse in Auburndale, and the new state emergency operations center in Tallahassee, which is ahead of schedule and designed to hold about 220 people and withstand 200-mph winds. Guthrie reviewed recovery efforts for recent storms, including debris removal, volunteer villages, sheltering, and FEMA reimbursement totals for Hurricanes Milton, Helene, Debbie, Idalia, Ian, and earlier storms. He also discussed the Elevate Florida home-elevation program, the Florida Recovery Obligation Calculation training initiative, the DEMES platform, and WebEOC, noting that 60 counties and 22 colleges and universities are using the system. Members asked Guthrie about flood-response resources for cities, training for local officials, and lessons from inland flooding after recent storms. He explained how local governments can request pumps and other assistance through county and state channels, described upcoming elected-official training, and emphasized mutual aid and EMAC as key future disaster-response tools. The committee took no formal votes or other legislative action and adjourned at the end of the meeting.
NH

New Hampshire 2026 Regular Session

House Education Funding (02/13/2026)

Education Funding

Transcript Highlights:
  • > department's<01:12:47.600> using calculation that the department's using calculation
  • That come into our care, their best interest is that they go to public school.
  • We just are in the middle of a couple of different interested parties here.
  • think a couple of different interested think a couple of different interested parties<02:18:42.000
  • I assume that would be the thing you'd be most interested in.
Keywords: 1189, house, all
MA
Transcript Highlights:
  • , but also with the special commission, we will take legislators out of order that signify their interests
  • By my calculations, it could provide an average of roughly $5,000 annually to many businesses at a time
  • They benefit in the context of credit cards from an interest-free period for those who pay off their
  • But you're tracking billions of customers with billions of different interest rates.
  • Now, of course, that is different than interest rates.
Keywords: 995, all
Summary: The Special Legislative Commission on the Future of Payments and Sales Transactions by Credit Card and the Impacts for Small Businesses held a public hearing focused on interchange fees, sales tax and tip processing, chargebacks, fraud, surcharging, and the broader future of payment systems. Chair Paul Feeney and co-chair Rep. Jamie Murphy opened by explaining the commission’s charge and inviting testimony from small businesses, industry groups, banks, and policy experts. Representative Sean Garballey testified first, arguing that Massachusetts tourism depends on universal card acceptance and stable interchange, and urging the commission not to disrupt the current system ahead of major events expected to bring millions of visitors to the Commonwealth. A large portion of the hearing featured independent restaurant owners and advocates describing thin margins and the burden of paying percentage-based processing fees on sales tax and tips that are not business revenue. Jen Ziskin, Kristen Canty, Nancy Cushman, Kerry Colzer, and others said restaurants often operate on very small profits and that processing fees on taxes and gratuities can amount to tens or hundreds of thousands of dollars annually. Ryan Lotz also urged reforms to chargebacks, including refunding chargeback fees when merchants prevail, requiring consumers to contact businesses before disputing charges, and limiting repeat abuse. Commission members pressed witnesses on whether tax and tip amounts could be separated at the point of sale, and several witnesses said current consumer card systems do not transmit that level of detail. Testimony from credit union, banking, and payments representatives largely opposed state-level changes that would carve out taxes or tips from interchange, warning of compliance burdens, higher costs, reduced rewards, and possible effects on fraud protection and access to credit. Alex Verine of America’s Credit Unions and Deb Peters and Keely McEwen of the Electronic Payments Coalition said the payment system is complex, that interchange funds fraud prevention and network infrastructure, and that new state mandates could create operational and legal uncertainty. Dan Swanson argued states have authority to act and pointed to Illinois litigation and federal court rulings, while Julian Morris and Brad Popolado emphasized the benefits of card acceptance, the decline of cash, and the need to consider other payment methods and check fraud as well. Several witnesses discussed international payment systems, instant payments, and QR standards as possible future directions. The chairs and members engaged in extended back-and-forth with witnesses about whether Massachusetts could exempt sales tax from swipe fees, whether surcharging should be revisited, and whether vendor compensation or other targeted relief might be more workable than broad changes to interchange. No votes were taken. At the close of the hearing, the chairs said the commission would hold one additional public hearing date to be determined, after which members would begin developing next steps and a report.
FL

Florida 2026 Regular Session

FL House Floor Session - 2026-06-02 (9:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • That will be interesting to see.
  • It's flowing to commercial interests.
  • This will be an interesting summer into the fall.
  • It changes the maximum millage rate calculation.
  • Also, remember this: The second most powerful force in the world is self-interest.
Keywords: 998, house, all
FL

Florida 2026 Regular Session

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

Florida House Floor Meeting

Transcript Highlights:
  • And remember, there's competing interests.
  • And remember, there's competing interests. to toss out there and say figure it out.
  • And remember, there's competing interests.
  • Our time together has been more than interesting.
  • May you all continue to live in interesting times. God bless you. Thank you.
Keywords: 998, house, all
FL

Florida 2026 Regular Session

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

Florida House Floor Meeting

Transcript Highlights:
  • And remember, there's competing interests.
  • And remember, there's competing interests.
  • I thought that in the piece of legislation, it referred to covering the cost for a cost calculator.
  • Our time together has been more than interesting.
  • May you all continue to live in interesting times. God bless you. Thank you. Thank you.
Summary: The House met in special session, opened with prayer and the Pledge of Allegiance, approved the journal, and adopted the special order report setting the day’s calendar. The chamber then took up CS/House Joint Resolution 1F, the Governor’s property tax proposal, which would raise the homestead exemption for non-school taxes, lower the annual assessment cap on non-homestead property from 10% to 5%, and restrict county and municipal ad valorem revenue to public safety and certain other uses. Sponsor Rep. Overdorf said the measure would return money to homeowners and give local governments flexibility, while opponents repeatedly argued the ballot language was misleading and that the proposal could create large local revenue shortfalls, shift costs to other taxpayers, and threaten local services and debt obligations. Members debated a series of amendments aimed at protecting specific programs from the bill’s effects. Rep. Bartleman’s amendment to exempt Children’s Services Councils and Children’s Trusts was defeated 25-74 after supporters said those entities fund child care, mental health, aftercare, and family support, while opponents said local governments could still choose to fund them. Rep. Cross’s amendment to include water management districts in allowable uses of ad valorem taxes was also defeated, despite testimony that the districts are essential for flood control, water supply, Everglades restoration, and drought response. Rep. Eskamani’s amendment to require the Legislature to backfill public safety funding failed 25-71 after debate over whether the proposal could reduce police and fire budgets and response times. The House then rejected Rep. Woodson’s amendment to require state backfill for senior services, with supporters citing Meals on Wheels, transportation, adult day care, and other aging services, and opponents saying the state already funds senior programs. Finally, Rep. Gant’s amendment to protect veteran services was introduced and debated, with members emphasizing housing, mental health, transition assistance, and homelessness concerns for veterans; the transcript cuts off before the vote on that amendment. Throughout the debate, sponsors and supporters of the main resolution maintained that local governments would retain spending discretion and could use other revenue sources, while critics argued the measure lacked clear backfill provisions and could force cuts or tax shifts at the local level.
MN

Minnesota 2025-2026 Regular Session

House Housing Finance and Policy Committee 3/10/26

Housing Finance and Policy

Transcript Highlights:
  • It's an interesting proposal.
  • And I think it brings up a really interesting discussion.
  • It's an interesting<00:42:51.440> proposal.
  • Um, as we've interesting proposal.
  • That's really interesting discussion.
Bills: HF3600, HF3809, HF3608
FL

Florida 2026 Regular Session

FL House Floor Session - 2025-04-23 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • Relating to trust fund interest for purposes approved by the Supreme Court.
  • This modifies the interest rate or dividend a financial institution must pay on funds in an interest
  • on trust account to the highest interest rate or dividend instead of at least the highest interest rate
  • And you're right, it was very low during different times, especially as interest.
  • I would gather that most of you probably get zero interest on your checking accounts.
Summary: The Senate opened with prayer, the Pledge of Allegiance, and several introductions and moments of silence, including tributes to those affected by the Florida State University shooting and recognition of Coach Amir Abdur-Rahim, John Thrasher, student advocacy groups, conservation organizations, and visiting school groups. Members also adopted Senate Resolution 1878 honoring Coach Abdur-Rahim. The chamber then moved into special order business and considered a series of bills, many of them with House companions substituted in and passed by wide margins or unanimously. Among the measures passed were bills updating child care and early learning provider regulation, imposing costs on false swatting reports, extending protections against extraordinary hospital collection actions, expanding hazardous walking conditions for schoolchildren, creating young adult housing support for foster and homeless students, clarifying school choice disclosure requirements under the Family Empowerment Scholarship Program, adjusting interest rules for trust accounts supporting legal aid, revising transportation and traffic enforcement provisions, expanding public records exemptions for certain judicial and health care investigators and appellate clerks, changing municipal water and sewer utility rates in Miami-Dade, strengthening motor vehicle offenses involving impersonation and obscured plates, increasing trespass penalties at certain law-enforcement-controlled sites and large ticketed events, requiring refunds of patient overpayments, authorizing certain stem cell therapies, allowing relatives and direct support professionals to administer insulin in group homes, addressing rideshare impersonation and transit funding rules, and updating the Uniform Commercial Code for digital assets and emerging technologies. Several bills drew notable debate. The trust fund interest bill prompted extended discussion over legal aid funding, bank participation, and whether the measure would reduce support for legal services; it ultimately passed 28-10. The transportation bill was heavily amended, including removal of speed-limit increases and changes to school bus camera enforcement and micromobility rules, and passed 37-0. The Miami-Dade water and sewer rate bill sparked debate over fairness, fiscal impact, and accusations of racism, but passed 36-2. Public records bills protecting agency investigators and JQC employees also drew questions about accountability and transparency before passing. Most other measures passed with little or no opposition, and a few bills were temporarily postponed or set aside.
TX

Texas 89th Regular

Natural Resources Jul 15th, 2025

Natural Resources

Transcript Highlights:
  • That's the system of interest for the hearing today.
  • The same day he acknowledged his conflict of interest.
  • I'm super interested in knowing. anyone?
  • Do a bunch of calculations and, and.
  • I believe that's an important part of the calculation.
Keywords: 1184, house, all
MN
Transcript Highlights:
  • The next row is changes to the calculation for assigned family responsibility.
  • > for<00:21:44.320> assigned<00:21:44.720> family to the calculation for assigned
  • family to the calculation for assigned family responsibility.<00:21:46.080> The<00:21:46.320>
  • assistance grants will be calculated assistance grants will be calculated based<00:27:44.080>
  • change, I'll call it, this interesting change, I'll call it, um,<00:33:00.559> in<00:33:00.799
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee considers HF169 3/11/25

Transcript Highlights:
  • In Washington state, the state calculates each group's gambling receipts on various types of games and
  • P-tabs are calculated at 1.15 per with a cap of 16,000 annually.
  • each<00:32:16.679> group's<00:32:17.399> uh<00:32:17.519> gambling calculates
  • each group's uh gambling calculates each group's uh gambling receipts<00:32:18.880> on<00:32:
  • <00:32:30.120> 1515 fee uh P Tabs are calculated at 1. 1515 fee uh P Tabs are calculated at
Keywords: 919, house, all
Summary: The committee took up House File 169, which would change the tax structure for charitable gambling. Representative Robbins offered and the committee adopted the A1 author’s amendment, described as a technical correction to ensure sports-themed tip boards are not inadvertently taxed under the bill. Robbins then presented the bill as a way to replace the current tiered combined net receipts tax on charitable gambling with a flat 5% rate, arguing charities were being overtaxed and that prior promises of relief had not been fully delivered. Chair Stevenson pushed back on several of Robbins’ factual claims, correcting the record on the status of E-pull tabs, the share of charitable gambling revenue they represent, and the amount of tax relief already enacted in 2023 and 2024. He said E-tabs were not eliminated, that the revenue split between paper pull tabs and E-tabs is closer to 45/55, and that charities had already received a $15 million tax cut plus savings from reduced developer fees. Robbins responded that the changes still significantly reduced revenue and that the bill was intended as a middle-ground approach. Testimony largely came from charitable gambling and veterans groups in support of the bill. Rachel Jenner of Allied Charities of Minnesota said nearly 1,000 charities depend on charitable gambling, cited high taxes and fees, and said many organizations were seeing revenue declines after the new E-pull tab rules took effect. Dr. Christy Jano of the American Legion Department of Minnesota said charitable gambling funds support veterans, youth, and community programs, and that a flat 5% tax would help posts continue those efforts. Members asked about the size of the revenue drops and how much gambling proceeds go to overhead and operating costs; Jenner said the losses varied by organization and that it was too early to know the long-term effect, while Jano said some expenses are used for property taxes and building upkeep. The committee then moved on to additional testimony, including Tim Angstrom, but no final vote on the bill was taken in the portion provided.
NH

New Hampshire 2025 Regular Session

House Municipal and County Government (03/10/2025)

Municipal and County Government

Transcript Highlights:
  • When that happens, your interest rate has changed.
  • <01:08:44.759> rates in valuations changes in interest rates in valuations changes in interest
  • the influ influence of special interest the influ influence of special interest groups<01:58:35.440
  • <05:20:26.440> in would be are you interested in would be are you interested in withdrawing
  • that made the motion is not interested that made the motion is not interested in<05:20:38.160>
Keywords: 1189, house, all