Video & Transcript Research : 'rate decoupling'
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FL
Florida 2026 4th Special Session
January 21, 2026 - 10:00 AM
Transcript Highlights:
- the property insurers, consider transactions between property insurers and affiliates as part of the rate
- to hold these accounts from offering that higher rate to an attorney or to a law firm.
- to hold 1035 these accounts from offering that higher rate to an attorney 1036 or to a law firm.
- This bill does not set rates. This bill does not approve rates.
- How will the rate transparency report help consumers? >> You're recognized.
Summary:
The committee met with a quorum and heard several insurance and banking bills. HB 1399, relating to property insurance affiliates, would increase Office of Insurance Regulation oversight of transactions between property insurers and affiliates, require fair-and-reasonable documentation, review of dividends and asset pledges, contract termination clauses, affiliate registration, and penalties for violations. Members from both parties generally supported the goal of transparency and accountability, though some raised concerns about costs and whether the bill would actually return money to insureds. The bill was reported favorably.
HB 427, on public adjuster contracts, would allow vulnerable adults or their legal representatives to rescind public adjuster contracts without penalty, reflecting the sponsor’s personal concerns about protecting elderly and otherwise vulnerable family members from predatory contracting. Public testimony included support from several industry and elder-law groups, while the public adjuster association warned the bill could unfairly target one profession and urged broader language. Members debated whether the bill should be expanded to cover other solicitations and whether legal representatives should be treated differently, but the bill was ultimately reported favorably.
The committee also approved HB 893, which aligns bank handling of law-firm trust accounts with Florida Supreme Court rules and supports legal aid funding, and HB 767, a transparency bill requiring insurers to provide consumers with plain-language explanations of rate increases and related factors. Members emphasized consumer education and clearer disclosures, and HB 767 passed 2-0. Later, HB 381, the Office of Financial Regulation agency bill, was amended and reported favorably; it updates financial regulation provisions including cybersecurity-related requirements, money services business rules, credit union and financial institution provisions, and fee timing. HB 777, a related public-records bill protecting nonpublic personal information submitted to OFR, was also heard and moved forward without opposition.
MN
Transcript Highlights:
- so so much, we do know that the rates so so much, we do know that the rates that<01:22:44.719>
<01:45:39.520>- The rates are taken.
- The rates are taken.
for that we use that and set the rate for that we use that and set the rate - Medicare rates is actually profitable. Medicare rates is actually profitable.
VT
Vermont 2025-2026 Regular Session
Senate Session - 2026-05-28 - 10:00AM
Vermont Senate Floor Meeting
Transcript Highlights:
- . individual service reimbursement rates.
- Medicare adjusted base rate is what the reference-based pricing price is.
- Medicare adjusted base rate or only up?
- to meet... ...from adjusting that base rate to meet that.
- That's several cents on the property tax rate.
MN
Minnesota 2025-2026 Regular Session
Going after late fees charged by utilities 3/10/26
Minnesota House Floor Meeting
Transcript Highlights:
- Um, there's a rate case underway almost all of the time.
- Um, there's a rate case underway almost all of the time.
- Um, there's a rate case underway almost all of the time.
- Um, there's a rate case underway almost all of the time.
- <00:11:47.839>
case that by by July under our rate case that by by July under our rate case
Summary:
The committee heard House File 3912, as amended, and the author moved that the bill be laid over for consideration in a future omnibus bill. The amendment was adopted without objection. Representative Holland described the bill as an energy affordability measure that would bar utilities from charging certain fees during the cold weather rule for customers above 50% of state median income, prohibit reconnection fees after shutoff for nonpayment, and create a framework for regulating late fees. He argued that late fees are often high, compound monthly, and disproportionately burden low-income households, citing utility debt and disconnection figures and noting that the need for relief is concentrated in greater Minnesota.
Annie Levenson Faulk of the Citizens Utility Board supported the bill, saying reconnection fees and late fees fall on households already struggling to pay for essential service. She said reconnection fees should be treated as part of the cost of doing business and that late fees should be limited to a reasonable approximation of actual carrying costs, with protections for low-income customers. She also said the issue is already being considered in utility rate cases before the Public Utilities Commission, but that legislative action is still appropriate.
Nick Martin of Xcel Energy and Katherine O'Donnell of CenterPoint Energy opposed the bill in its current form while emphasizing their companies’ commitment to affordability and customer assistance. Xcel said the bill would shift reconnection costs to other customers and could undermine a proposed arrears management program funded by late payment charges; Xcel also noted that the PUC is already reviewing these issues in its rate case. CenterPoint said it already offers extensive outreach, payment plans, and assistance programs, does not charge late fees once a customer is on a payment plan, and that its reconnection fee does not fully cover costs. After testimony and brief discussion, the chair noted the helpful information from utilities, the author said he was open to further work on the bill, and the bill was laid over.
AZ
Transcript Highlights:
- Chairman, when we talk about this single-family rate versus a commercial rate, we're only talking about
- So this idea that a single-family rate versus a commercial rate, the rate is the same no matter what
- The single-family rate versus a commercial rate, the rate is the same no matter what you do.
- The rate that the homeowner is going to pay is the submeter rate, which is a division of the master meter
- The rate doesn't change. It's the same.
Keywords:
digital goods, advertising, ownership, license, consumer protection, refund policies, streaming services, minors, content creators, online platforms, compensation, trust accounts, child protection, video content, privacy, employment, mobile homes, recreational vehicles, landlord tenant laws, tenant rights
Summary:
The committee heard and acted on several bills. HB 2192, a child influencer bill, would require compensation for minors featured in monetized content to be placed in trust, allow takedown requests for content as minors become adults, and create remedies for sexualized depictions of minors. The sponsor and Google described it as a modern Coogan-trust style protection; some members raised concerns about the age-13 and age-18 provisions, but the bill received a do pass recommendation on a 9-0 vote with two present.
HB 2501, an agency bill, conformed Arizona’s definition of appraisal management company to federal law and passed unanimously. HB 2693, which revises bona fide association rules to allow statewide chambers or business leagues to operate self-funded multiple employer welfare arrangements, drew support from the Chamber and small-business advocates but opposition from a coalition citing possible federal preemption; it passed as amended on an 8-1 vote. HB 2010, the digital goods disclosure bill, required clearer notice that online “purchases” may be licenses, prorated refunds if access changes, and removed some penalty language in amendment; supporters said it would reduce consumer confusion, while retailers argued federal law already covers the issue. It passed as amended 11-0.
The committee also approved HB 2279, which limits liability for Grand Canyon river outfitters for inherent risks of rafting while preserving claims for gross negligence or intentional acts, despite constitutional objections from opponents; it passed 7-4. HB 2690, which tightens unemployment insurance eligibility by adding work-search and fraud cross-check requirements, was opposed by advocates who said it would add red tape and burden eligible claimants, but it passed 7-4. HB 2310, clarifying that qualified marketplace contractor agreements may be terminated unilaterally by the contractor, passed 10-0. HB 2555, requiring retail businesses to accept cash for purchases of $100 or less and banning cash fees, passed as amended 9-1 after debate over consumer access and business flexibility.
Finally, HB 2199, which expands required education for RV park managers and shifts some enforcement duties to the Department of Housing, passed as amended 7-0 with three present. The committee then considered HB 2459, which would let mobile home park landlords recover actual utility charges and add an administrative fee for submetering; supporters said it would address overcharges and improve transparency, while opponents warned it could increase costs and confusion. The transcript cuts off before the final action on HB 2459.
TX
Transcript Highlights:
- It tied the interest rate increase to the federal funds rate with a cap of 5%.
- It tied the interest rate increase to the federal funds rate with a cap of 5%.
- So why take out the Fed funds rate in this bill?
- It's not just an interest rate increase.
- the formula for labor rates.
Bills:
SB1113, SB1117, SB1206, SB1460, SB1802, SB1906, SB1917, SB2340, SB2455, SB2680, SB2690, SB705, SB748
Keywords:
SB 1113, converter's license, converter license, motor vehicle dealer, auto dealer, vehicle conversion, converted vehicles, direct sales, retail sales, trailer, semitrailer, manufactured trailer, chassis, manufacturer's statement of origin, MSO, Occupations Code, Transportation Code, Texas Department of Motor Vehicles, dealer licensing, general distinguishing number
Summary:
The committee took up pending business first and reported several bills favorably, including SB 2139, SB 2610, SB 1856, SB 2530, SB 2401, SB 2858, and SB 3016, with most of those measures moving out on committee substitutes and being sent to the local and uncontested calendar or to the full Senate. The committee also heard SB 1906 on expanding Chapter 342E consumer lending rates; supporters argued it would modernize Texas law and expand access to safe, regulated credit, while opponents from Texas Appleseed and AARP warned it would raise costs on already expensive loans and worsen debt burdens. SB 1906 was left pending after testimony. The committee also reconsidered and re-voted SB 1856 after a procedural issue, with the substitute ultimately adopted and the bill reported favorably.
The committee then heard SB 1113, which would clarify that certain vehicle converters, including a Texarkana business, do not need an additional dealer license to sell converted vehicles. The bill’s supporters described a long-standing business model and said the new metal license plate rules had created problems, while the Texas Automobile Dealers Association opposed the bill in its current form and said it could be resolved through DMV action or narrower changes. DMV said it was still researching a possible administrative fix, and SB 1113 was left pending. The committee also heard SB 2680, a Public Information Act cleanup bill dealing with emergency deadlines, business-day exclusions, and litigation timing; broadcasters and other open-government advocates argued the issues were already addressed by prior law and court rulings, while the Attorney General’s office said the bill would help with catastrophe notices and timing conflicts. SB 2680 was left pending.
Other bills heard included SB 1117, which would allow any Texas-licensed dentist to administer botulinum toxin neuromodulators for aesthetic purposes in the oral and maxillofacial region; the author and dental witnesses said it would clarify scope and improve access, and the bill was left pending. SB 2340 would clarify the Attorney General’s investigative authority over Texas corporations, including pre-suit depositions and sworn written questions; opponents raised due process and separation-of-powers concerns, and the bill was left pending. The committee also heard SB 705 and SB 748, both TDLR cleanup bills, and SB 1206, which would impose timelines and notice requirements on municipalities reviewing transmission projects; SB 1206 was supported by an electric cooperative and left pending. SB 1460, creating an ethics violation registry tied to licensing consequences, drew constitutional and due-process objections from several witnesses and was also left pending. After a recess, the committee heard SB 1802 on landlord duties to repair mobility assistance devices like elevators and ramps in rental housing, with the author describing prolonged outages affecting seniors; the bill was left pending. Finally, SB 2455, creating an Energy Waste Advisory Committee to coordinate efficiency and demand-response programs, drew support from energy-efficiency and environmental witnesses and was left pending, and SB 2690, targeting deceptive business-certification solicitations, was laid out and opened to testimony before the transcript ended.
TX
Transcript Highlights:
- Last year, we adopted below the no new revenue rate.
- They were responsible for setting their tax rates.
- Everybody has the ability to change their tax rates.
- We've lowered our tax rate and adopted rates below the no-new-revenue rate over the last decade.
- I think it was last year our voter approval rate was six cents above our adopted rate, which is something
Keywords:
appraisal, property value, residential real estate, tax code, appraisal review board, property owners, property tax, homeowners, property owner rights, property appraisal, taxation, Texas Tax Code, real estate, ad valorem tax, homestead exemption, market value, condemnation, tax appraisal, open-space land, land use
MN
Minnesota 2025-2026 Regular Session
Committee on Health and Human Services - 04/01/25
Health and Human Services
Transcript Highlights:
- <00:01:38.479>
for slightly higher uh than the rates for slightly higher uh than the rates - into their existing capitated rate. into their existing capitated rate.
- Pegging birth center reimbursement rates to hospital rates has not worked and makes it difficult for
- > hospital<00:23:26.159>
rates reimbursement rates to hospital rates reimbursement rates to - <01:33:51.440>
If at record rates because of this. If at record rates because of this.
VA
Virginia 2026 1st Special Session
Commission on Unemployment Compensation Jul 9th, 2026
Transcript Highlights:
- is determined by that employer's individual experience rating, and that base tax rate can range from
- year's employer tax rates.
- of employers and their individual tax rates as well.
- And too, though, the rate is lower per employee. Thank you.
- And too, though, the rate is lower per employee, per employer, because we have a low unemployment rate
Summary:
The Commission on Unemployment Compensation met, established a quorum, and elected Delegate Destiny LeVere Bolling as chair and Senator Mike Jones as vice chair. The commission also adopted its electronic meeting policy and heard introductions from new members, staff, and officials from the Secretary of Labor’s office and the Virginia Employment Commission (VEC). Secretary Jessica Lumen outlined the administration’s workforce and labor priorities, including supporting workers, employers, and program transparency, while members raised concerns about business climate, job losses, labor participation, and the implementation of paid family and medical leave.
Staff provided legislative updates on recent unemployment-related bills. These included increases to the weekly unemployment benefit amount enacted in 2025 and 2026, a bill on labor dispute disqualification that changed how lockouts are treated for benefit eligibility, and a budget item providing $75,000 for actuarial support to the commission. The commission also discussed the 2025 work group on annual adjustments to weekly benefit amounts; staff reported that the work group did not complete its charge, and members agreed to revisit whether to reconstitute it at a future meeting. Delegate Martinez expressed support for continuing the work, and the chair said the issue would be taken up at the next meeting.
Deputy Commissioner Joanna Darkus gave a detailed presentation on Virginia’s unemployment insurance system, including current claims data, eligibility rules, employer tax structure, benefit levels, trust fund solvency, fraud prevention, and customer service operations. She reported that Virginia’s unemployment rate remains low, weekly claims are modest, the current weekly benefit range is $160 to $478, and the trust fund balance factor is projected at 50.9 percent, near the threshold for additional employer charges. Members asked about the taxable wage base, trust fund solvency, the effect of benefit increases, fraud controls, and the planned paid family and medical leave program. VEC said it is implementing that program through regulations, staffing, IT procurement, public listening sessions, and consultation with other states. A public commenter from the Virginia Poverty Law Center urged the commission to strengthen state investment in unemployment insurance and warned that federal support is uncertain. The commission then adjourned without taking further action.
FL
Transcript Highlights:
- Their passage rates are 100%.
- One is you have a passage rate above 90%.
- The public institutions that have a 90% passage rate all do that.
- They had a 79.9% passage rate.
- year of probation when you have a 30% passage rate?
Summary:
The committee heard and approved several health care bills. Senate Bill 68, by Senator Harrell, would require all hospital emergency departments to be prepared to treat children by maintaining pediatric equipment, staff training, written policies, a pediatric care coordinator, and completion/public posting of the National Pediatric Readiness Assessment. Senator Harrell said the bill is intended to improve pediatric emergency care in general hospitals, and the bill was supported by the Florida College of Emergency Physicians and the Florida Chapter of the American Academy of Pediatrics. It passed favorably.
The committee also approved Senate Bill 154, which corrects the Mobile Act for dentists and dental hygienists by requiring graduates of out-of-state dental schools seeking licensure by endorsement to have attended a CODA-accredited school. The bill drew support from dental and dental hygienist groups and passed favorably. Senate Bill 40, by Senator Sharif, would require Medicaid managed care networks to ensure at least half of primary care providers offer appointments outside regular business hours, including evenings and weekends, to improve access and reduce emergency room use; it also passed favorably.
A lengthy discussion centered on Senate Bill 254, also by Senator Harrell, which would tighten oversight of nursing education programs, create a temporary provisional license and preceptorship for new graduates awaiting NCLEX results, require remediation for low-performing programs, add standardized admission and exit-exam requirements, and allow the Department of Health to inspect programs unannounced. Supporters said the bill would improve quality and help students gain experience, while opponents warned it could reduce the number of nursing programs and worsen shortages, especially among private schools. After debate and testimony from nursing and school representatives, the bill passed favorably, with Senator Davis voting no.
The committee then received an OPPAGA presentation on interstate health care licensure compacts. OPPAGA reviewed how Florida uses licensure by endorsement, telehealth registration, and compacts for nurses, psychologists, and physicians, and explained the potential benefits and drawbacks of joining additional compacts, including portability, data sharing, and emergency staffing versus costs, administrative burdens, and possible conflicts with Florida scope-of-practice laws. No action was taken on the presentation, and the meeting adjourned after Senator Davis requested to be recorded in support of SB 68 and SB 154.
AZ
Transcript Highlights:
- It had a 36% lethality rate. We're not looking forward. at a 36% lethality rate.
- All rates must be just and reasonable. These rate adjustments are not discretionary.
- more from utility rates.
- All rates must be just and reasonable. These rate adjustments are not discretionary.
- City of Phoenix implemented what was the largest water rate increase, water and wastewater rate increases
Bills:
HB2015, HB2060, HB2062, HB2100, HB2118, HB2165, HB2258, HB2327, HB2397, HB2445, HB2460, HB2641, HB2745, HB2876, HB2917, HB4011, HB4049, HB4056, HB4087, HCR2013, HCR2016, HCR2040, HCR2044, HCR2048, HCR2056
Keywords:
budget procedures, late filing penalty, accounting standards, financial reporting, state appropriations, abortion, educational institutions, health education, state aid, public schools, Buffalo Soldiers, monument, commemoration, Arizona, public funding, Wesley Bolin Plaza, military history, historical memorial, small land subdivision, land use
Summary:
The committee approved the minutes from the prior meetings and then took up several measures, beginning with HCR 2013, which would proclaim June 2026 as Celebrate Life Month in Arizona. The resolution drew emotional testimony in support from Crystal Cooper and Bella Stockton, both of whom shared personal stories about living with spina bifida and argued for celebrating life and supporting people with disabilities. Senator Kennedy voted no, saying the resolution was symbolic and did not address practical supports such as paid family leave, health care, housing, and school meals. The committee ultimately gave HCR 2013 a due pass recommendation on a 4-1 vote, with two members not voting.
The committee then advanced HB 2327, as amended, clarifying protections for eligible persons’ identifying information in county recorder records and explicitly excluding voter registration records from the confidentiality provisions. Representative Hendricks said the bill was intended to fix problems created by earlier language protecting elected officials and first responders. The committee also passed HB 2258, which adds La Paz County to the Tourism Advisory Council’s geographic area, with no opposition testimony.
A longer debate followed on HB 2397, which expands HOA/condominium disclosure requirements for prospective buyers, including bylaws, declarations, plats, meeting minutes, and information about assessments and known defects. Representative Biasucci said the bill was about transparency for buyers, while the Arizona Association of Community Managers raised concerns about cost and the scope of the disclosure requirements; the Arizona Homeowners Coalition supported the bill but opposed an amendment that would require managers to be on site for capital projects. The committee adopted two Hoffman amendments and then gave HB 2397 a due pass as amended recommendation. The committee also passed HB 2015, which imposes penalties on state agencies that miss federal audit reporting deadlines, and HB 4049, which changes how the Attorney General represents DCS in cases alleging misconduct; both drew opposition over concerns about punitive penalties and existing conflict procedures.
Later, the committee approved HB 4087, authorizing a memorial plaque for former legislator Barbara Love, and HB 2100, which allows counties to authorize certain small land subdivisions, despite objections that it could weaken water-supply protections. The committee then passed HB 2460, as amended, preempting local ordinances that penalize businesses for abandoned or stolen movable property such as shopping carts; supporters argued cities were charging victims of theft, while cities and towns said the bill would undercut local nuisance enforcement and shift costs to taxpayers. Finally, the committee began hearing HCR 2056, a proposed constitutional referral recognizing a right to refuse medical mandates, with Representative Cooper and supporters framing it as bodily autonomy and opponents warning it would weaken public health protections, especially in schools and during outbreaks.
TX
Transcript Highlights:
- That rate had not been adjusted since 2005.
- We highlighted in our LAR. number of specific areas that might benefit for a rate rate increase, but
- So like there's a gap in the data when the rate that's being paid versus the comparable. market rate
- Did we increase those rates?
- Yes, the rate was increased to 50% of what is now the basic foster family rate so what is that per day
HI
Hawaii 2025 Regular Session
CPC Public Hearing- Thu Jan 30, 2025 @ 2:00 PM HST
Consumer Protection & Commerce
Transcript Highlights:
- , you know, the filed rate and then the consent to rate and the conditions, why the consent rate is being
- <00:58:48.280>
and Kathleen nakason she's our rate and Kathleen nakason she's our rate and - <00:59:26.160>
mechanism and then the consent to rate mechanism and then the consent to rate - >
um <00:59:58.240>the the the filed rate rate and then um the the the filed rate rate - the in my opinion the consent to rate the in my opinion the consent to rate process<01:00:48.760
Summary:
The committee on Consumer Protection and Commerce met on January 30, 2025, and heard testimony on several condominium-related bills, beginning with HB 70. HB 70 would require a budget summary disclosure for condominiums. Supporters, including Community Associations Institute, a real estate broker, and several condominium owners, said the bill would improve consumer protection by giving owners and buyers a clearer, more understandable snapshot of an association’s financial health and reserve compliance. One supporter noted the bill should help reduce confusion caused by lengthy reserve studies and emphasized the importance of accurate disclosure. A testifier also urged the committee to hear other condominium bills quickly, including measures related to an ombudsman, managing agents, parliamentarians, and attorney’s fees.
The committee then heard HB 106, which would change the process for condominium fines and disputes. Phil Nery of CAI and other supporters said the bill would strengthen due process by requiring clearer notice, allowing an internal board appeal, and then permitting small claims court review without attorney’s fees unless the fine is upheld. They argued this would prevent fines from escalating into costly legal disputes and provide a more linear, fair process. Some supporters suggested amendments, including clarifying that the statute controls over association documents and refining refund language. During questioning, members raised concerns about small claims limits and whether associations would be represented by volunteers or attorneys. One testifier initially in support later said he would not support the bill as written after hearing HPD’s concerns.
HB 224, relating to property rights, drew opposition from the Department of the Attorney General and the Honolulu Police Department. Both agencies said the bill would improperly push law enforcement into a quasi-judicial role and could short-circuit existing due process procedures for occupants of residences. A realtor who had initially been listed in support changed his position after hearing the opposition testimony. The committee also heard emotional testimony from a resident describing a long-running squatter and utility theft problem at a neighboring property, which he said took years of court action and police involvement to resolve. No votes or final committee actions were taken during the portion of the meeting reflected in the transcript.
TX
Transcript Highlights:
- Here is a, we've seen a slight improvement in overall attrition rates or retention rates of teachers.
- Texas birth rates peaked in 2007, and we've been aware of the declining birth rate for years.
- rate problem or challenge.
- There are dropout recovery schools that are not rated. And what... Schools that are not rated.
- Of those recently approved charters, 65% were rated D or F in 2025 of those that received ratings.
NH
New Hampshire 2026 Regular Session
Senate Energy and Natural Resources (04/14/2026)
Energy and Natural Resources
NH
New Hampshire 2025 Regular Session
Senate Election Law and Municipal Affairs (04/22/2025)
Election Law and Municipal Affairs
Transcript Highlights:
- So, we're just that bond rate is.
- So the mill rate will change.
- I'm not voting on Mont Vernon tax rate. I'm voting on Amherst tax rate.
- I'm not voting on Mont Vernon tax rate. I'm voting on Amherst tax rate.
- <01:14:28.480>
And house and what's your tax rate? And house and what's your tax rate?
MN
Minnesota 2025-2026 Regular Session
Committee on Health and Human Services - 03/11/25
Health and Human Services
Transcript Highlights:
- for more accurate reimbursement rates for more accurate reimbursement rates that<00:04:04.959>
health centers to have their rate health centers to have their rate reviewed<00:04:40.479>when - locations in Wisconsin where a rate locations in Wisconsin where a rate review<00:04:54.560>
- able to account for this in their rates able to account for this in their rates and<00:33:10.720
- insurance ratings in Minnesota. insurance ratings in Minnesota.
MN
NY
New York 2025-2026 Regular Session
New York State Senate Session - 05/26/2026
New York Senate Floor Meeting
Transcript Highlights:
- Part of a rate case.
- REVIEWS RATE CASES.
- Real changes to the rate-making process by which the Public Service Commission determines the rates that
- Real changes to the rate-making process by which the Public Service Commission determines the rates that
- MAYER AND OTHERS, TO TRULY ADDRESS HOW THE PSC DOES BUSINESS AND HOW OUR RATES ARE ADDRESSED.
Summary:
The Senate convened, approved the prior journal, and then moved through a series of budget-related and ceremonial items. The chamber accepted Rules and Finance Committee reports and took up several budget extender and budget implementation bills, including the main appropriations extender and later a transportation, economic development, and environmental conservation budget bill. Senators questioned the sponsor extensively about the status of the remaining budget bills, the use of messages of necessity, and the absence of joint budget conference committees. The extender bill passed 59-2, and later budget-related measures were advanced after reconsideration and amendment.
A major portion of the session focused on the environmental and energy provisions in the budget bill, especially changes to the Climate Leadership and Community Protection Act. Senators debated extending emissions targets, the role of cap-and-invest, utility affordability, ratepayer impacts, and the structure of a proposed blue-ribbon commission. Supporters said the changes were needed to give the state more time to implement the law and to protect affordability, while opponents argued the bill was a political delay that would not lower energy costs and relied too heavily on subsidies and future planning. The bill also drew questions about electric vehicle rebates, thermostat control programs, emergency diesel generation for Micron, and how imported electricity and out-of-state emissions would be treated.
The Senate also adopted several previously adopted resolutions honoring the 50th anniversary of the National Black Caucus of State Legislators, India Independence Day, the New York State Veterans Hall of Fame, and the 50th anniversary of Interfaith Works of Central New York. Senators spoke in support of each resolution, highlighting the contributions of Black legislators, Indian-American communities, veterans, and refugee and interfaith service organizations. The Veterans Hall of Fame ceremony was specifically noted as a chamber event, and guests were recognized from the floor and gallery.
In addition, the Senate restored recalled bills to the third reading calendar through reconsideration votes and amendments, including a highway law bill and another recalled bill, and then stood at ease for scheduled conferences and a Veterans Hall of Fame ceremony before resuming session. The transcript ended with discussion of a separate bill affecting automobile insurance serious-injury standards, with questions about what claims would remain available and whether the change would improve affordability.
NM
New Mexico 2025 Regular Session
IC - Revenue Stabilization and Tax Policy Dec 16th, 2025 at 09:08 am
Revenue Stabilization & Tax Policy Committee
Transcript Highlights:
- The flat SIT rate was changed to variable rates over three brackets.
- PIT brackets were reduced from 19 to 7 rates and the rates were modified.
- gross receipts tax rate.
- This bill didn't just reduce the PIT rates.
- From that session, SB 10 increased the gross receipts tax rate by one-eighth and the compensating rate