Video & Transcript Research : 'maximum allowable cost'

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HI
Transcript Highlights:
  • three billion additional repair costs three billion additional repair costs sorry<00:58:48.559><
  • <01:04:18.240> uh you said it would cost uh you said it would cost uh $250<01:04:19.880>
  • would have to charge a reasonable cost would have to charge a reasonable cost to<01:04:38.760>
  • questions about the study um or cost questions about the study um or cost estimates<01:13:00.199
  • <01:15:29.800> and communities higher Insurance costs and communities higher Insurance costs
Keywords: 910, house, all
Summary: The joint hearing covered HB 1484 on transit-oriented development and HB 157 on transportation. For HB 1484, testimony included a request from the Hoi Community Development Authority to be removed from the measure while offering to assist if the transit-oriented development law is implemented, along with testimony in opposition and support from several individuals. The committees later recommended HB 1484 be passed with amendments, including an HD1, a defective date, deletion of a reference to section 225 on page 11, adoption of H-CDA’s proposed amendment, and related committee report changes. The vote was adopted in both committees, with Representatives Cochran and Lee excused and Representative Mora voting with reservations. HB 157 concerned the transfer and acceptance of roads in the Villages of Kapolei. HHFDC supported the bill’s intent and explained that the roads were originally self-permitted, the city had not accepted dedication, and HHFDC has been maintaining and upgrading the roads under an MOA that requires improvements to city standards before transfer. Testimony from the Villages of Kapolei Association and others described ongoing problems with non-emergency police services, illegal parking, abandoned vehicles, and the need for city enforcement on roads that are open to the public. Committee members asked about the current holdup, the possibility of transferring roads in segments, and whether a cash settlement could resolve the issue; HHFDC said it was working in segments and that the city had mentioned a $60 million figure. The committees then recommended HB 157 pass with amendments, noting they were awaiting an Attorney General opinion on authority to compel the transfer and that the matter would continue to the Committee on Water and Land. The Transportation Committee also heard several additional bills. HB 1083, concerning vessels in state commercial harbors, drew support from the Department of Transportation and some industry groups and opposition from charter operators; HB 1159, which would require compliance with harbor master evacuation orders and increase penalties, drew DOT support and opposition from multiple vessel operators, who argued the bill was too broad and should define emergencies more clearly and use tiered penalties. HB 58, limiting civil liability for firefighting at commercial harbors, received DOT and Maritime Group support. HB 1165, on county disposal of ocean-bordering property and state highway acquisition, received DOT support. HB 938, a broad motor vehicle franchise and EV-related bill, drew support from the Hawaii Automobile Dealers Association and the Motor Vehicle Industry Licensing Board, but strong opposition from the Alliance for Automotive Innovation, Tesla, Rivian, Scout Motors, and others; opponents argued it would restrict direct-to-consumer EV sales and innovation, while dealers said the bill was too broad and needed further stakeholder work. No final votes were taken on the Transportation Committee’s remaining measures in the portion provided, and the joint hearing was adjourned after decision-making on HB 1484 and HB 157.
MN

Minnesota 2025-2026 Regular Session

Committee on Education Finance - 04/02/25

Education Finance

Transcript Highlights:
  • complex formula with a flat rate maximum complex formula with a flat rate maximum of<00:03:23.440
  • It also allows awarded to candidates.
  • So we're taking a phased-in approach, allowing maximum flexibility for uses right away, keeping the amount
  • Our transportation costs are ...
  • <01:36:04.000> associated aware of is uh is the costs associated aware of is uh is the costs
Keywords: 1187, senate, all
HI

Hawaii 2025 Regular Session

GVO DEFER, GVO-WTL, GVO-AEN Public Hearings 02-11-2025

Government Operations

Transcript Highlights:
  • I respect the questions and the comments, but if you allow me to explain a little bit more: one, you
  • me to explain a little bit more so allow me to explain a little bit more so one<00:19:32.240> you
  • <00:38:16.640> contaminant EP mcls which is the maximum contaminant EP mcls which is the maximum
  • I'm just curious: will this allow them to petition for the state standards if they're different from
  • Right, this bill will allow that. Yeah.
Keywords: 912, senate, all
Summary: The committee reconvened for decision-making on measures previously heard on February 6, 2025. Senate Bill 1513 was deferred indefinitely based on the testimony and issues raised. Senate Bill 786 was also deferred indefinitely and set aside for interim work on a proposed SD1 that could address the concerns discussed and incorporate ongoing federal changes. Senate Bill 1031 was amended and advanced as a Senate WAP 1; the amended version would allow the legislature to adopt non-binding advisory referendum questions only for general obligation bond proposals, require 30 days’ notice, require the legislature to consider the results, and require a written explanation if the final legislative action opposes the majority vote. The committee also set a far-future effective date and noted that any further review should examine opposition concerns and the fiscal, administrative, and legal implications of the proposal. The measure passed on a yes vote from the vice chair and supporting members, with one member excused. In the joint Government Operations and Water and Land hearing, Senate Bill 411, relating to capital improvement projects for boating and ocean recreation, drew support from the Department of Boating and Ocean Recreation and several written supporters, while Budget and Finance opposed it and the Deputy Attorney General warned it could be challenged because it implied funding without an appropriation. The chair recommended moving the bill with amendments and a defective date, and both committees adopted the recommendation to pass SB 411 with amendments. Senate Bill 1103, relating to community districts, generated substantial discussion and was ultimately recommended for deferral. Testimony raised constitutional and special fund concerns, while the Hawaii Community Development Authority supported the concept but suggested major changes, including clearer governance language, a dedicated staff position, and funding. Members debated whether elected boards would undermine county planning authority and whether the concept was more suitable for Oahu or the Neighbor Islands. Senate Bill 1308, relating to plans, was presented as an administration bill and supported by DAGS. The bill would remove outdated filing requirements, update fee schedules, give DAGS more discretion over plan format, and update drawing scales. A member asked whether it could help replace survey monuments lost in the Lahaina wildfire cleanup; DAGS said it would not directly replace monuments but could help with future mapping and surveying. The chair indicated the committee would note the monument issue in the report and work on technical cleanup language, with the measure moving forward subject to those amendments.
FL
Transcript Highlights:
  • And a mega project is defined as a project that costs $500 million or more.
  • It is our largest design-build project in Florida's history, costing almost, the cost approaching almost
  • This Seekent Wall allows us to maintain the wall and just re-nourish the beach, secant wall allows us
  • There's also reported delays and there's reported cost overruns.
  • The other is your cost savings.
Summary: The committee heard two informational presentations: one from the Department of Commerce and one from the Florida Department of Transportation. Jason Mahon of Commerce outlined the state’s economic development strategy and tools, emphasizing Florida’s GDP growth, business formation, and strengths in manufacturing, high-tech, defense, life sciences, and international trade. He described programs such as the State Small Business Credit Initiative, the Rural Community Investment Program, the Florida Opportunity Fund, the Rural Infrastructure Fund, the Job Growth Grant Fund, performance-based tax credits, and disaster recovery loans, and cited examples including ServiceNow, Williams International, NeoCity, and Point Blank Enterprises. Members asked about small-business grants, foreign investment interest, workforce needs, and whether additional tools are needed; Mahon said most Commerce programs are loan-focused and noted ongoing workforce and site-readiness challenges. Jennifer Marshall of FDOT then reviewed major transportation projects and the Moving Florida Forward initiative, highlighting congestion relief, express lanes, bridge and interchange work, and accelerated delivery methods. She cited projects such as Golden Glades, I-95 improvements, the NASA Causeway Bridge, the DuPont Bridge, I-4 corridor work, the First Coast Expressway, the Howard Frankland Bridge, A1A seawall work, and Turnpike projects, along with examples of cost savings and schedule acceleration. Senators asked about how express lane locations are chosen, toll revenue use in South Florida, the status and cost of the I-395 downtown Miami project, and whether EV and rideshare access to express lanes should be preserved. FDOT said it would follow up on several of those questions, and the committee adjourned without taking any legislative action.
TX

Texas 89th Regular

Homeland Security, Public Safety & Veterans' Affairs Mar 12th, 2025

Homeland Security, Public Safety & Veterans' Affairs

Transcript Highlights:
  • All this allows us to do is...
  • Allowing this exchange to happen on this end.
  • Conclusion and ending, this will not cost the state of Texas one penny.
  • Minimum of 24... 24 hours, maximum of 40. Is there a difference?
  • There's a minimum 24 and a maximum of 40.
CA
Transcript Highlights:
  • On schedule, scope, cost. Thanks for sharing that.
  • You can't just provide a cost-benefit analysis.
  • You also have to show those logistical costs where California might have some cost benefits.
  • Adding refundability would allow more.
  • states that do allow their credits to be refundable.
Summary: The Assembly Budget Subcommittee on State Administration heard several budget proposals from CDTFA, the Board of Equalization, and the Franchise Tax Board. The first panel focused on cannabis, hemp, flavored tobacco, and related enforcement. CDTFA requested ongoing funding to implement cannabis tax changes, enforce the new intoxicating hemp restrictions and flavored tobacco seizure authority, and continue compliance work. The department said it is targeting illicit product, protecting licensed businesses, and using referrals from the public and lawmakers to focus inspections. The LAO supported some of the proposals but urged the Legislature to treat them as part of a longer-term enforcement strategy and raised concerns about the use of General Fund support for cannabis enforcement. Public testimony on the cannabis item largely supported stronger enforcement and funding for the legal market. The committee also heard CDTFA’s request to reappropriate funds for an upgrade to the CROS tax collection system, which would improve taxpayer services, security, and software maintenance without adding new money. A separate CDTFA proposal would make all delivery network companies, such as DoorDash and Uber Eats, marketplace facilitators for sales tax purposes. CDTFA said the change would reduce confusion for restaurants and improve compliance, while the LAO questioned whether the proposal functioned more like a tax increase because it would also capture service fees. Members raised affordability concerns, but the proposal was framed by the administration as a parity and compliance measure. The subcommittee then considered a governor’s proposal for a sustainable aviation fuel tax credit. Finance argued the credit would help decarbonize aviation and support in-state production, while the LAO recommended rejection, citing cost, uncertainty about environmental benefits, possible diversion of diesel excise tax revenues from transportation programs, and concerns about consistency with voter-approved transportation funding rules. Testimony from airlines, labor unions, airports, and refinery workers strongly supported the credit, emphasizing union jobs, refinery conversions, and emissions reductions, while fuel retailers and some others warned about fiscal risk and higher fuel prices. The chair and some members expressed support for the proposal despite the funding concerns. Finally, the BOE presented an IT modernization project for state-assessed property administration, saying the current system is outdated and manual and that a new system is needed to improve accuracy, cybersecurity, and workflow efficiency, especially with a likely increase in workload from new VoIP assessments. The LAO asked for more justification for the timing, but BOE said the urgency stems from aging systems and growing workload. BOE also requested modest funding to implement SB 293 changes to intergenerational property transfers and wildfire relief guidance, which the LAO did not oppose. The Franchise Tax Board began its presentation on the final phase of its Enterprise Data to Revenue modernization effort, describing the project’s rollout across audit, collections, legal, and filing enforcement workloads and noting it is now in a warranty period.
NH

New Hampshire 2025 Regular Session

House Finance Division III (03/28/2025)

Transcript Highlights:
  • There is a maximum amount that CMS allows for, but it is a program that's already existing, but we could
  • There is a maximum amount that CMS allows for, but it is a program that's already existing, but we could
  • There is a maximum amount that CMS allows for, but it is a program that's already existing, but we could
  • There is a maximum amount that CMS allows for, but it is a program that's already existing, but we could
  • There is a maximum amount that CMS allows for, but it is a program that's already existing, but we could
Keywords: 928, house, all
Summary: The Division 3 work session focused largely on amendment 1176 to HB 2, which would have incorporated the substance of HB 548FN, a House-passed bill creating a direct-pay or membership-based model for health care facilities. Representative Mlan described the proposal as a way to increase competition in health care by extending the direct-care model used in primary care to facilities, arguing it could encourage innovation and that concerns about widespread harm to critical access hospitals were overstated. He pointed to Oklahoma’s long-standing Surgical Center model as evidence that the approach had not spread broadly or displaced hospitals there. Several members and witnesses raised concerns. Representative Stringham questioned whether the model would shift profitable services and patients away from existing hospitals, potentially worsening their finances and affecting Medicaid-related funding. David Ross, speaking for county nursing homes, opposed the language because it also removed moratoriums on nursing home, skilled nursing, inpatient rehabilitation, and self-pay beds, warning that it could increase pressure on Medicaid rates and undermine community-based care. Ben Bradley of the New Hampshire Hospital Association said the proposal appeared to create a separate regulatory framework for direct-pay facilities and raised concerns about patient safety, CMS participation rules, and a separate patient bill of rights. The chair concluded that, because HB 548 was already moving through the Senate, the HB 2 process was not the best vehicle for the policy and that the issue should be left to the Senate’s more deliberative committee process. Representative Ferski moved to not accept or remove amendment 1176 from the agenda, and the committee approved the motion by roll call, 9-0, withdrawing the item from HB 2.
HI
Transcript Highlights:
  • The difference between the cost for breakfast and lunch is that lunch costs more to create.
  • <00:20:33.919> to cost uh if we were to raise the cost to cost uh if we were to raise the
  • I do know that there are additional costs associated with food costs that have gone up.
  • So that would be an added cost.
  • So that would be an added cost.
Keywords: 910, house, all
Summary: The committee first took up House Bill 707 on the College Savings Program. Members discussed a suggested amendment from the Hawaii State Council on Developmental Disabilities to include the Hawaii ABLE Savings Program. The chair said the Department of the Attorney General advised there was no title problem, so the bill could be broadened to cover both the College Savings Program and the ABLE program. The committee also noted technical, non-substantive changes and a defective date of July 1, 3000 for further discussion. HB 707 HD1 was then voted on and the recommendation to pass with amendments was adopted unanimously by the members present, with two members excused. The committee then heard House Bill 424, which would provide free breakfast and lunch beginning the next school year to students who currently qualify for free and reduced-price meals. The Department of Education supported the measure, and testimony in favor came from teachers, public health and food security advocates, and several organizations. Supporters described students being denied meals because of unpaid balances, said school meals should not depend on family debt, and argued that the bill would reduce stigma and help hungry students learn. Committee questions focused on meal pricing, the impact of raising prices on families who pay full price, and whether portion sizes could be increased; DOE said breakfast costs less than lunch, full-price students would bear any increase, and portion sizes must follow USDA rules. Hawaiʻi Public Health Institute and Hawaiʻi Children’s Action Network said many families above the free/reduced thresholds still cannot afford meals, citing estimates that the DOE collects about $20 million a year in meal payments and that federal reimbursement totals are much larger. The committee then heard House Bill 757, the universal free school breakfast and lunch bill. DOE and the Department of Health supported it, and testimony was overwhelmingly in favor from county officials, teachers, students, food banks, advocacy groups, and community organizations. Witnesses argued that universal meals would eliminate stigma, reduce paperwork and debt collection, and ensure students do not fall through the cracks because of income cutoffs, language barriers, or administrative hurdles. Several students from Castle High School described classmates asking for food and families struggling to keep meal accounts funded, while teachers said they regularly see negative meal balance notices and hungry students. Advocates also said the bill is the better equity vehicle because it avoids means testing and reaches students who are not currently receiving meals despite needing them. The hearing on HB 757 was still ongoing at the end of the transcript, and no final vote on that bill was shown.
TX

Texas 89th 2nd C.S.

Human Services Mar 4th, 2025

Human Services

Transcript Highlights:
  • Do we, do we have an idea on what that would cost?
  • It's going to increase the cost.
  • Now, Representative Richardson, I'll, I'll tell you that's the cost for one exam.
  • Uh, the evaluation and management code includes the cost of giving that injection.
  • No, what's, what's the statute that will allow those, I'm sorry to be met.
TX

Texas 89th Regular

Human Services Mar 4th, 2025

Human Services

Transcript Highlights:
  • On what that would cost and and is the threat enough. is the question.
  • You're just increasing costs and we can't find any need for this exam.
  • For non-maximum security males.
  • But maximum security mail.
  • No, what's the statute that will allow those upgrades to be made?
Keywords: 1184, house, all
CA
Transcript Highlights:
  • That was not allowed in the previous law. It is now allowed with this one.
  • The penalty has been reduced from a maximum of $1 million to a maximum of over $20,000. ...been reduced
  • from a maximum of $1 million to a maximum of only $25,000, although there are other remedies available
  • And I understand it might not be a direct cost to the hospitals, but it could increase the cost of the
  • But then if the officer may be out, but the city who allowed the use of the county who allowed the use
Summary: The committee heard several AI- and consumer-protection-related bills, with extensive testimony from authors, supporters, and industry opponents. SB 53 by Senator Wiener would create transparency requirements for large AI developers, including disclosure of safety and security protocols, reporting of critical safety incidents, whistleblower protections, and the CalCompute public cloud. Supporters said it is a narrower, transparency-based follow-up to last year’s vetoed AI safety bill, while opponents argued it still relies too much on company size, could expose trade secrets, and should be narrowed further. The committee approved SB 53 on a do-pass-as-amended vote to Appropriations, with the roll held open for absent members. SB 766 by Senator Allen would codify the FTC’s Cars Rule and create a three-day cooling-off period for certain used-car purchases, along with stronger disclosure rules on pricing, add-ons, and government affiliation claims. Supporters said it would save consumers money and time and help buyers avoid bad deals, while dealer and industry groups said amendments addressed many of their concerns. Several former opponents moved to neutral, and the committee passed SB 766 unanimously as amended to Appropriations. SB 7 by Senator McNerney would regulate automated decision-making systems in employment by requiring notice, human review for discipline and termination, and limits on predictive behavior analysis. Labor and consumer advocates supported the bill as a safeguard against biased or overly automated workplace decisions, while employer and industry groups raised concerns about scope, notice burdens, and the predictive-analysis ban. The committee passed SB 7 to Appropriations on a 4-2 vote, with the roll held open. SB 833, also by Senator McNerney, would require human oversight of AI used in critical infrastructure, along with training and system assessments; it drew limited opposition focused on scope, and the committee passed it as amended to Appropriations on a 5-0 vote, also holding the roll open. Later, the committee took up SB 11, which would address AI-generated voice, image, and video cloning and deepfakes by clarifying likeness protections, requiring consumer warnings, and addressing misuse and evidence tampering. Supporters framed it as a targeted response to nonconsensual deepfakes, while industry groups said recent amendments improved the bill but still had concerns about penalties and warning language. The committee also heard SB 720, the Safer Streets Act, which would let cities opt into a revised red-light camera system that shifts from driver to owner liability, removes facial identification, makes violations civil rather than criminal, and directs revenue toward transportation safety projects; the author presented the bill, but the transcript ends before any final action on SB 720.
MN

Minnesota 2025-2026 Regular Session

Committee on Finance - 03/12/26

Finance

Transcript Highlights:
  • Provides financial support to dairy farmers when between milk prices and feed costs is low.
  • Provides financial support to dairy farmers when between milk prices and feed costs is low.
  • Provides financial support to dairy farmers when between milk prices and feed costs is low.
  • Um, and then it sets out that cost share distribution, and then we do receive checks.
  • some of the are provisions that allow some of the startup<00:56:01.560> costs<00:56:01.880>
Keywords: 1187, senate, all
WY

Wyoming 2026 Regular Session

Health Insurance Affordability Task Force, June 17, 2026 - AM

Health Insurance Affordability Task Force

Transcript Highlights:
  • it costs. it costs.
  • . cost. cost.
  • Boley, >> Um, during a sequestration, it was reduced to 99% of allowable costs. >> And then for non-critical
  • allowable costs. allowable costs.
  • . costs. costs.
Keywords: 916, all
TX

Texas 89th Regular

Transportation May 1st, 2025

Transportation

Transcript Highlights:
  • This overweight permit is 5% of the maximum allowable gross weight of the vehicle, or roughly 84,000
  • Whether on a county road or an interstate, 80,000 pounds becomes the maximum allowable weight.
  • This permit does not allow the 5% or the 10% on the interstate.
  • Increase cost, reduce efficiency, and disrupt vital supply chains.
  • We bid hundreds of jobs annually based on this permit's allowance.
FL

Florida 2026 Regular Session

Rules Mar 12th, 2025

Rules

Transcript Highlights:
  • It will also allow agencies to electronically file proposed rules with the Department of State rather
  • It will also allow agencies to repeal an emergency rule through notice and explanation within the Florida
  • And in that expansion, we allowed for collaborative practice.
  • Withholding is at the rate of 25% of the delinquent fine or the federal maximum, whichever is less.
  • This will allow up of the exam, and you basically have to have a master’s to even sit for it.
Summary: The Senate Committee on Rules met with a quorum present and took up a series of bills, beginning with SB 108 on administrative procedures. That bill, as amended, would require agencies to review all rules on a five-year cycle, submit regulatory plans and annual reports, publish intended agency action within 90 days of new rulemaking authority, improve public access to incorporated materials, and streamline rule publication and correction procedures. After brief testimony from the Florida Bar’s Administrative Law Section and support from Americans for Prosperity and the James Madison Institute, the committee adopted two amendments and reported CS for SB 108 favorably. The committee then approved several other measures, including the Senate veterans package (CS for CS for SB 116), which made technical changes and was supported by veterans and advocacy groups; SB 118 on presidential libraries, which preempts local barriers while preserving state and federal law and building codes; CS for SB 126 allowing mail distribution of prescription hearing aids after a Florida-licensed professional examination; CS for SB 150, “Trooper’s Law,” making it a third-degree felony to abandon restrained animals during declared disasters; SB 294 limiting collaborative pharmacy practice expansion for complex cardiac conditions; SM 314 urging Congress to increase Florida National Guard force structure; CS for SB 322 creating a nonjudicial process to remove unauthorized persons from commercial property; CS for SB 348 on ethics, addressing false military rank claims and delinquent ethics fines; SB 356 designating January 27 as Holocaust Remembrance Day; CS for SB 160 expanding CPA licensure pathways and clarifying administrative outsourcing; and CS for SB 50 promoting nature-based coastal resilience measures. Most of these bills received supportive testimony and were reported favorably. The committee also considered and reported favorably the annual reviser bills SB 36, SB 38, SB 40, and SB 42, which adopt the 2025 Florida Statutes, conform statutory names, remove expired provisions, and clean up obsolete language and cross-references. Throughout the meeting, members asked questions on a few bills, but no roll-call votes were recorded as opposed; each measure was approved and reported favorably. At the end of the meeting, senators requested that a few missed affirmative votes be recorded, and the committee adjourned without objection.
ND
Transcript Highlights:
  • And then you have your indirect costs and induced costs after that.
  • And then you have your indirect costs and induced costs after that.
  • The cost-share policy is the State Water Commission's.
  • And so we were not allowed to drain.
  • They're being allowed by water boards, both Ramsey and Nelson County.
Summary: The meeting began with approval of the prior minutes and opening remarks from NDSU President David Stewart, who emphasized NDSU’s land-grant mission of statewide service through teaching, research, and extension. He highlighted the university’s role in agriculture, water, soil health, and community outreach, and pointed to examples of research commercialization such as Lilac Agriculture’s work on nitrogen-fixing microbes for crops. He also said he is still early in his tenure and intends to spend time listening and learning across the state. The committee then received a detailed presentation on a state irrigation and drainage study from Tom Bodine on behalf of Agriculture Commissioner Doug Goehring. The study estimated that North Dakota could develop about 1.3 million additional irrigated acres, with major potential in counties such as McLean, Williams, Sargent, Burleigh, Mountrail, McKenzie, McIntosh, Dunn, and Bottineau. Testimony stressed the economic benefits of irrigation for crop yields, value-added processing, dairy, and potato production, while members also discussed water availability, aquifers, downstream water use, and the need for more flexible permitting. The drainage portion of the study found significant economic benefits from legal drains, and staff explained that the impacts were calculated through increased productivity and related input purchases. Greg Lardy then gave NDSU’s required agriculture update, saying agriculture accounts for more than $41 billion in annual economic activity, one in five jobs, and about 25 percent of state GDP. He reviewed the role of SBAR, the statewide research-extension network, new crop varieties, virtual fencing, AI and weather-network tools, and Extension’s county partnerships and youth programs. He also outlined NDSU’s priorities for the next session: restoring proposed budget cuts, increasing operating support, and addressing deferred maintenance. Members asked about storage shed construction, NDSU’s relationship with Grand Farm, and whether NDSU could help with water-related research tied to drainage and aquifers. The committee also heard from the North Dakota Water Resources Research Institute and a professor on water and data centers, who described graduate fellowships, a water workforce certificate program, and research on data center cooling, water use, and “Legendary Harvest” concepts that would reuse waste heat for greenhouse or aquaculture production. Questions focused on whether the cooling systems were closed-loop, who would own any related production facilities, and whether the project was still only a feasibility study. Finally, North Dakota AgTech described its NSF-funded “engine” project, saying it has brought millions in federal investment to the state, supported startups and on-farm trials, and is focused on commercialization, workforce development, and helping producers lower input costs and improve profitability.
NH
Transcript Highlights:
  • > management allowing poolled risk management allowing poolled risk management programs<00:23:
  • <01:05:00.000> I insurance costs go up every year. I insurance costs go up every year.
  • Every year the cost goes up. up. Yeah. Every year the cost goes up.
  • additional cost to the general public. additional cost to the general public.
  • And I allow our model to exist.
Keywords: 1189, house, all
Summary: The subcommittee took up the pooled risk management program bill and reviewed a new amendment drafted with input from the Insurance Department and Legislative Services. Department witnesses explained that the proposal would move oversight of pooled risk management programs from the Secretary of State’s office to the Insurance Department, add a licensure requirement, preserve the programs’ non-insurer status, and exempt them from third-party administrator licensure. They also described a series of solvency tools in the draft, including financial reporting, risk-based capital standards, minimum capitalization, investment limits, commissioner examination and enforcement authority, rulemaking authority, merger and affiliate-transaction review, confidentiality protections, and a separability clause. A major theme of the discussion was that pooled risk management programs differ from commercial insurers because the risk remains with the member local governments rather than being backed by a state guarantee fund. Witnesses said the bill is designed to emphasize solvency over return of premium and to give the Insurance Department a regulatory “toolbox” to prevent insolvency, including a proposed $5 million excess or stop-loss coverage benchmark, optional accessible policies, and a requirement that boards vote on dividends or premium returns when capital exceeds 600% of risk-based capital. Members questioned how this approach differed from the original Secretary of State bill and whether assessments on towns would still be possible; the department responded that the new framework would allow more flexible oversight and alternatives to immediate court action. The committee also discussed why the statute should continue to say the programs are not insurers, with the department explaining that this preserves their autonomy and avoids applying unrelated insurance laws and premium taxes. Members asked about the department’s workload and were told the department believed it could absorb the new duties without additional funding. No vote or final committee action was taken in the portion provided.
MN

Minnesota 2025-2026 Regular Session

Committee on Transportation - 04/02/25

Transportation

Transcript Highlights:
  • This change in definition allows the maximum flexibility for the movement of freight and people in Minnesota
  • :20.560> the<01:15:20.800> maximum change in definition allows the maximum change in definition
  • allows the maximum flexibility<01:15:22.000> for<01:15:22.239> the<01:15:22.400> movement
  • systems and are creating a social cost systems and are creating a social cost to<01:26:55.840>
  • The Insurance auto insurance costs.
Keywords: 1187, senate, all
US
Transcript Highlights:
  • Grassley that the moment he shows up in deference to his seniority here, we will suspend the hearing and allow
  • But when Senator Grassley gets here, we will suspend the proceedings and allow him to make a few remarks
  • To my colleagues on the Senate Foreign Relations Committee, I want to say thank you for allowing me to
  • Now, this is a low overhead cost organization.
  • And it's going to cost taxpayers more money if we have to pay those contracts with interest.
TX

Texas 89th Regular

Insurance Apr 2nd, 2025

Insurance

Transcript Highlights:
  • costs – additional insurance costs that you have to pay are all built into that price of a home.
  • But you get a sense of how much it costs. ...that cost and what it does in terms of paying losses for
  • The costs are borne by everybody in the state, and our insurance costs for the entire state.
  • Regulatory, marketing, and brokerage costs, and it's vendor-agnostic, allowing any duly-licensed broker
  • I don't want you to necessarily have to lay out more than the cost of what it would cost to repair it