Video & Transcript Research : 'rate setting'

Page 68 of 500
AL
Transcript Highlights:
  • On the federal funds rate, the interest rate that's really important, and I'll get back to that in a
  • So in January, they did not cut rates.
  • That dip in the rate... ...that dip in the rate reflects exactly what I said: there was a 150 basis point
  • The ERS rate is going up by a little over 1%. ...the ERS rate is going up by a little over 1%.
  • For an increase to the PIP rate up to 94, that rate has been at $800.
Keywords: 924, joint, all
NM

New Mexico 2026 Regular Session

House - Health and Human Services Feb 16th, 2026 at 09:04 am

House Health & Human Services

Transcript Highlights:
  • Nevada noted that there was no noticeable change in rates.
  • We're seeing double-digit rate increases.
  • Right now, the rates undergo very heavy actuarial analysis, and they're subject to rate review and standards
  • that are set in statute and regulation, as well as standards that are set by the American Academy of
  • Have we looked at those to see if there's a higher rate?
Bills: SB101, SB21, HM52, HB132, SB14, SB20
FL

Florida 2025 Regular Session

March 5, 2025 - 10:15 AM

Transcript Highlights:
  • Let's set some short- and long-term goals.
  • But through using that data set and a variety of other data sets, the Department of Commerce produces
  • That particular data set is provided by businesses when they file That particular data set is provided
  • So through using that data set, But construction.
  • So through using that data set and a variety of other data sets, the Department of Commerce produces
Summary: The subcommittee met to receive an informational presentation from CareerSource Florida President and CEO Adrian Johnson, joined by Anthony Gagliano of CareerSource Suncoast, on the structure, funding, and services of Florida’s workforce development system. Johnson explained that CareerSource serves job seekers and businesses through 21 local workforce development boards and nearly 100 career centers, using federal and state funding streams such as WIOA, Wagner-Peyser, SNAP Employment and Training, and TANF. She described services including case management, training, wraparound supports, job matching, rapid response for layoffs and disasters, and business services such as recruitment, customized training, and on-the-job training. She also highlighted the REACH Act’s role in consolidating local boards from 24 to 21, creating the Master Credential List and Credential Review Committee, and implementing performance-based letter grades for local boards. Members asked detailed questions about funding formulas, letter grade metrics, apprenticeships, youth services, small business access, and the demand occupation list. Johnson said federal allocations are driven largely by unemployment and poverty formulas, which has reduced Florida’s WIOA funding by about $27 million over four years because of the state’s low unemployment rate. She explained the letter grades measure outcomes such as increased earnings, reduced public assistance, employment and training outcomes, work-based learning, business engagement, and service to individuals in certain programs, and said the system is being reviewed for possible changes, including removing extra credit and adjusting weights. On youth services, she said Florida has a waiver allowing a 50/50 split between in-school and out-of-school youth funding, and that local partnerships drive outreach. On the demand occupation list, she said it is based on state labor market data and projections, but local boards can submit evidence of local demand when data does not reflect conditions in their area. A substantial portion of the discussion focused on apprenticeships and workforce training grants. Johnson and Gagliano described apprenticeship navigators funded by the $7.75 million apprenticeship expansion allocation, which help employers navigate registration and expand apprenticeships into nontraditional fields such as IT, health care, education, and hospitality. Gagliano gave examples from CareerSource Suncoast and said navigators helped employers move faster through registration and develop programs with local education providers. Johnson also discussed Incumbent Worker Training Grants and Quick Response Training Grants, noting recent awards of nearly $3 million to 69 businesses and $6.5 million to 24 businesses, respectively, and said these programs are targeted toward high-skill, high-wage occupations and priority industries. The meeting ended with no votes or formal action; the chair thanked the presenters, invited follow-up questions, and adjourned the meeting without objection.
MN

Minnesota 2025-2026 Regular Session

Committee on Energy, Utilities, Environment and Climate - 03/02/26

Energy, Utilities, Environment, and Climate

Transcript Highlights:
  • <00:03:37.720> aside experienced leaders who set aside experienced leaders who set aside political
  • services at just and reasonable rates services at just and reasonable rates for<00:04:05.160>
  • So, is electricity rates in our state.
  • So, to the to their uh rate payers.
  • We are set up to be self-sustaining. We We are set up to be self-sustaining.
Keywords: 1187, senate, all
ND

North Dakota 2026 1st Special Session

Higher Education Institutions Committee Apr 9th, 2026 at 08:30 am

Higher Education Institutions Committee

Transcript Highlights:
  • or rural settings.
  • The rate is 87.24 is the most recent rate.
  • The rate is 154.36.
  • The rate is 8724 is the most recent rate.
  • The rate is 154.36.
Keywords: 908, all
WA

Washington 2025-2026 Regular Session

Senate Housing Dec 5th, 2025

Transcript Highlights:
  • That's the issue with the interest rate.
  • And what I've done here is I've juxtaposed the 30-year fixed-rate mortgage rate in green against our
  • And the growth rate since then has been relatively muted.
  • Of that going to be on the homeownership rate.
  • I'm just talking about market-rate housing.
Summary: The Senate Housing Committee heard a series of work-session presentations focused on transit-oriented development, commercial-to-residential redevelopment, building code implementation, housing market trends, and the Covenant Homeownership Program. The first presentation, from the Urban Institute, reviewed research on HB 1491 and TOD feasibility, arguing that Washington has made major progress but faces diverging conditions across transit areas. The presenter said rising construction costs, higher interest rates, and lower rents in some markets have made many projects less feasible, and recommended targeted infrastructure funding for lower-market communities, adjustments to MFTE and affordability requirements by local market conditions, more support for very low-income housing in high-market transit areas, minimum density standards near stations, expanded public land/joint development tools, and better tracking of TOD outcomes over time. Committee members asked about AMI calculations, immigration’s effect on construction labor, developer input, and whether a tracking mechanism had been removed from the bill. The Department of Commerce then outlined implementation of HB 1491 and demonstrated the new Washington Zoning Atlas, which is live and intended to help visualize zoning, overlays, and station-area conditions. Commerce said local governments will designate station areas, update zoning and MFTE policies, and handle anti-displacement measures, with Vancouver and Spokane first to implement and Puget Sound following later. Staff described a timeline for updated MFTE guidance, station-area implementation guidance, a TOD model ordinance, and later rulemaking on variances. The committee also heard from the Lieutenant Governor’s office on a report about converting commercial properties to housing, which found substantial potential for redevelopment on vacant or underused commercial land, especially near transit, but noted barriers such as ground-floor retail mandates, affordability requirements, infrastructure costs, private covenants, and slow implementation. The office urged by-right residential use on commercial land and faster rollout of new housing laws. The State Building Code Council updated the committee on its three-year code cycle and several legislatively directed actions, including minimum dwelling size, emergency shelters, and especially single-exit stairs and multiplex housing. Council staff said those code changes are nearing completion and will provide prescriptive solutions, while noting that elevator size and requirements were not changed and would require separate legislative direction if the committee wanted to revisit them. Members discussed the cost impacts of building and energy codes and the council said it is required to consider economic impacts and is increasingly looking at performance-based approaches. Later, the Washington Center for Real Estate Research presented its annual housing report, showing that higher mortgage rates have sharply reduced affordability, flattened house prices in many cities, and slowed single-family permitting and completions, while multifamily construction has recently cooled after a prior surge. Finally, the Washington State Housing Finance Commission reported strong first-year results for the Covenant Homeownership Program, which provides zero-interest down payment assistance to eligible first-time buyers with family ties to Washington before 1968; the program assisted 547 homebuyers in its first fiscal year, with more than $60 million loaned, and the agency said participation has continued to grow after income-limit changes enacted in 2025.
KY
Transcript Highlights:
  • than what the event rate would suggest. than what the event rate would suggest.
  • <00:13:52.480> data or schools based on event rate data or schools based on event rate data
  • This leads us to our final set of recommendations.
  • <00:40:07.920> a Certainly alternative settings, that's a Certainly alternative settings, that's
  • .. ...the reasons, but we can—we are in possession of the entire data set, and our...
Keywords: 958, all
Summary: The Education Assessment and Accountability Review Subcommittee received an Office of Education Accountability presentation on student discipline data in Kentucky schools for the 2024 school year. OEA said the study used Safe Schools data, educator and student surveys, site visits to 12 schools, and principal surveys. The report found that about 1 in 10 schools have major behavior-related challenges and up to one-third have at least moderate challenges, with the most common concerns varying by level: high schools cited vapes, cell phone misuse, apathy, and tardiness; middle schools cited apathy, vapes, and cell phone misuse; and elementary schools reported more extreme classroom behaviors such as throwing objects, overturning furniture, and screaming. OEA also noted that 14% of students had at least one behavior event in 2024, but repeated events were rare, and event rates alone do not reliably measure the severity of behavior problems in a school or district. The presentation emphasized that many disciplinary consequences do not align consistently with statutes or local expectations. OEA said law violations made up 19% of more than 250,000 recorded behavior events, while most were board violations, and that some serious incidents resulted in minimal consequences. The report highlighted concerns about weapons, threats, and assaults: only 9.2% of weapon events led to expulsion or alternative placement, few threats resulted in those outcomes, and fewer than 10% of assaults led to expulsion or alternative placement, including some first-degree assaults. OEA also said the Safe Schools data do not identify victims, limiting analysis of assaults on staff or students, and recommended clearer statutory definitions and better data reporting. A major theme was the difficulty schools face in addressing chronic disruption and severe behavior while complying with federal protections for students with disabilities. OEA said principals reported the biggest challenges were federal limits on disciplinary removals and a lack of alternative placement options. The report described variation among districts in how they implement federal requirements, with some administrators discouraging alternative placements or avoiding discipline because of perceived legal risks. Site visits found that many schools lacked chronic-disruption policies, and teachers often reported frustration with minimal consequences and repeated classroom removals. OEA recommended that KDE collect more information from educators, identify promising practices for alternative instructional settings, and develop clearer guidance and training. In discussion, committee members said the findings showed reporting gaps and resource strains, and OEA staff clarified that some underreporting reflects local discretion, while law violations should still be reported.
DE

Delaware 2025-2026 Regular Session

Senate Executive Committee Meeting Jun 24th, 2026

Executive

Transcript Highlights:
  • rate.
  • presents many challenges and adds another layer of complexity to what will be another complicated tax rate-setting
  • Under 242, that cap was set at two times the residential rate.
  • It was essential to secure passage of this bill to the New Castle County district setting their tax rates
  • gets set.
Bills: HB371
Summary: The Senate Executive Committee met in hybrid format, approved the minutes from its June 17 and June 18 meetings, and considered several nominations and bills. The committee heard testimony from Michael T. Skeuse for the Delaware Thoroughbred Racing Commission and Jay Eric Fearwald for the University of Delaware Board of Trustees; both nominees described their backgrounds and qualifications, and no objections were raised. The committee then moved to legislation focused largely on property tax reassessment and related school-tax issues, along with a technical constitutional corrections bill, an agricultural lands preservation cleanup bill, and a child-safety/service-letter bill. A major portion of the meeting centered on Senate Bill 350, which would create a third multifamily residential tax classification at 1.2 times the residential rate. Supporters argued apartments are housing and should not be taxed as commercial property, emphasizing relief for renters and fairness after reassessment. Opponents, including county and school officials, warned the bill would reduce local revenues, complicate tax administration, and create unintended consequences for counties, municipalities, school districts, and agriculture. Similar themes carried into House Bill 462, which would make the split-rate school tax structure permanent and lower the nonresidential cap to 1.85, and House Bill 463, which would align New Castle County senior school-tax exemptions with county exemption rules; both bills drew discussion about shifting burdens, fiscal impacts, and timing. The committee also heard House Substitute 1 for House Bill 320, a technical corrections bill to the Delaware Constitution, with one public commenter objecting to charter-related changes being included in a correction bill. House Bill 371, which removes the requirement for county farmland preservation advisory boards under the Delaware Agricultural Lands Preservation Act, was presented as a streamlining measure and had support from the Department of Agriculture and public comment in favor. House Bill 438, expanding service-letter requirements to a broader set of child-serving facilities and requiring reporting when employers fail to respond, was described as a cleanup bill closing a safety loophole. After public comment and committee discussion, the meeting ended with a motion and unanimous adjournment; no recorded votes on the bills were taken in the transcript.
MN

Minnesota 2025-2026 Regular Session

House Health Finance and Policy Committee 4/15/26

Health Finance and Policy

Transcript Highlights:
  • The rates should be set at 50% of the 50th percentile of 2024 charges with an inflationary factor included
  • Thank you. payment rate structure that the payment rate structure that the recommendation<00:02:33.040
  • meeting to discuss the rate structure. meeting to discuss the rate structure.
  • The<00:03:15.040> rates<00:03:15.400> should<00:03:15.600> be<00:03:15.760> set
  • should be set at 50% of the The rates should be set at 50% of the 50th<00:03:18.000> percentile
Bills: HF4401, HF4466
TX

Texas 89th Regular

S/C on County & Regional Government Apr 21st, 2025

S/C on County & Regional Government

Transcript Highlights:
  • And I think, so as I understand it, you have a tax rate.
  • To meet the quorum requirements at the time that you adopt a tax rate, then basically the same tax rate
  • The effect is that you go to the no-new-revenue rate.
  • OK, so with that, if that rate is maintained and doesn't change, if and to the extent that that rate.
  • just heard, the... no new revenue rate.
TX
Transcript Highlights:
  • revenue that aren't proportionally matching up. with the rate-setting methodology, then when you really
  • For example, based on the rate-setting methodology for the... one rate component that is the the non
  • Based on rate setting method 50% roughly of the overall rate should be allocated to that one rate component
  • So, and I'm not speaking just to the fact that, that the overall expenses per rate. setting methodology
  • You know, we we're setting kind of statewide rates, but we know that the cost of higher somebody in one
Keywords: 1185, senate, all
NH

New Hampshire 2026 Regular Session

House Committee on Housing (02/10/2026)

Housing

Transcript Highlights:
  • settings.
  • goal setting. goal setting.
  • called the domestic rate.
  • domestic rate customer. domestic rate customer.
  • , a utility rate, appropriate rate, a utility rate, there's<04:54:24.878> a<04:54:25.040> potential
Keywords: 1189, house, all
NH

New Hampshire 2025 Regular Session

House Science, Technology and Energy (03/04/2025)

Science, Technology and Energy

Transcript Highlights:
  • <00:13:22.680> payer<00:13:22.959> savings rate it used to read rate payer savings
  • This is part of setting rates. The PUC is the one who sets the rates.
  • part of that rate.
  • setting how those work is part of setting rates, and that's the purview of the PUC.
  • that how those works is part of setting that how those works is part of setting rates<00:37:23.839
Keywords: 1189, house, all
TX

Texas 89th 2nd C.S.

Intergovernmental Affairs Apr 1st, 2025

Intergovernmental Affairs

Transcript Highlights:
  • It does not interfere with how municipalities set or manage their rates.
  • It helps foster trust in public systems and encourages responsible rate setting through openness and
  • We're also concerned with the cities having to set these, excuse me, having to set these divisions up
  • That's got to cost something if you're using personnel to set up. Correct.
  • So I think this bill does set up a good framework.
Bills: HB303
CA
Transcript Highlights:
  • But it hasn't been set specifically in statute.
  • terms of electricity rates.
  • Electricity rates are too high.
  • You get lower home insurance rates and you also get this lower electricity liability rate.
  • You get lower home insurance rates and you also get this lower electricity liability rate.
Summary: The Budget Subcommittee No. 4 hearing focused on the Greenhouse Gas Reduction Fund (GGRF) and cap-and-trade reauthorization, with members and panelists discussing how to balance climate goals, affordability, and legislative oversight. The chair emphasized the hearing as a broad review of past GGRF spending and future options, while the LAO outlined how GGRF revenues are generated, how variable they have been, and the tradeoffs between continuous appropriations and annual budget control. Two academic panelists, Dr. Kyle Meng and Danny Cullen Ward, argued that cap-and-trade remains an effective climate policy, but stressed that future revenue will depend heavily on market design, allowance allocation, and price levels. They also raised the idea that GGRF could be used more directly for affordability, especially by lowering electricity costs, and for targeted investments in technologies that the market would not otherwise support. Committee members pressed the panelists on where revenues come from, how much has actually been spent, and whether continuous appropriations reduce oversight. CARB staff said more than $33 billion has been generated to date and a little over $11–12 billion has been spent, with the rest committed or in process, and noted that project timelines can be lengthy. Members also asked about ways to lower electricity rates, reduce wildfire-related utility liabilities, and support electrification. The panelists said transportation fuels are the largest source of GGRF revenue, that industrial emitters receive a smaller share of free allowances, and that reducing wildfire liability and investing in grid-scale batteries could help lower costs and speed decarbonization. Public commenters largely urged the Legislature to preserve or expand continuous appropriations for specific climate programs. Speakers supported funding for nature-based solutions, natural and working lands, urban greening, agricultural climate solutions, waste and composting programs, clean transportation, AB 617 community air protection, clean cars, transit, affordable housing near transit, and dairy digesters. Several groups argued these programs are cost-effective, provide public health and affordability benefits, and should receive dedicated shares of GGRF. Others urged reducing free allowances and using more GGRF revenue to directly lower energy costs for households. No votes were taken during the hearing.
MN

Minnesota 2025-2026 Regular Session

Energy Committee Meeting - 2025-04-01

Energy Finance and Policy

Transcript Highlights:
  • payers in terms of reduced rates for everyone because of the additional electricity sales.
  • However, if there are going to be rate payer benefits, those benefits aren't going to be automatic.
  • If you can get set, please introduce yourself and then proceed with your testimony. Thank you, Mr.
  • A set of corresponding rights and responsibilities.
  • Dufferin talked about, you know, over a hundred years at the current rate.
Bills: HF2928, HF2912, HF2297
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Children, Families and Persons with Disabilities Jun 21st, 2026 at 01:00 pm

Joint Committee on Children, Families and Persons with Disabilities

Transcript Highlights:
  • increases, with our provider rates, and so forth and so forth.
  • And they mentioned that if the failure rate to process cases properly can increase the state error rate
  • rate and risk potential federal sanction.
  • to community settings.
  • And we're seeing about an 81% success rate, a successful completion rate.
Keywords: 995, all
Summary: The hearing was an informational and oversight session of the Joint Committee on Children, Families, and Persons with Disabilities, with chairs and members hearing agency updates from several commissioners. The Department of Public Health’s Bureau of Family Health and Nutrition described its maternal and child health work, including home visiting, early intervention, WIC, newborn hearing screening, and cross-agency efforts on prenatal substance exposure, respite care, children’s vision, and maternal health initiatives. DPH emphasized that federal grant cuts, layoffs, and the loss of data systems such as PRAMS would weaken services and planning, and members asked about Title V funding and the impact of federal uncertainty. The Massachusetts Commission on the Deaf and Hard of Hearing highlighted communication access services, interpreter and CART referrals, emergency after-hours support, family navigation, and independent living services. Commissioners and members discussed the shortage of ASL interpreters and the need to expand training pipelines, including partnerships with colleges and possible ASL programming for younger students. The Department of Developmental Services reported serving nearly 50,000 people and focused on youth and adult services, transition-age supports, autism services, self-direction, respite, and new high-acuity residential models. Members asked about respite availability, self-direction outcomes, and workforce shortages; DDS said it was expanding clinical capacity and provider rates while monitoring possible federal Medicaid, SNAP, and immigration-related impacts. The Commission for the Blind described services for about 28,000 legally blind residents, most of whom are older adults, including social rehabilitation, orientation and mobility training, children’s services, assistive technology, vocational rehabilitation, and Turning 22 supports. The commissioner discussed a UMass-based effort to build the workforce pipeline for blindness services and said the agency was watching federal restructuring but had not yet seen direct cuts. MassAbility’s leadership then warned about major federal changes affecting Social Security disability determinations, including staff restructuring, office closures, and a new overpayment repayment policy, and said the agency was preparing for possible increases in claims and uncertainty around reallotment dollars that help fund services. The Disabled Persons Protection Commission closed the hearing with an update on its abuse investigations and protective services for adults with disabilities. DPPC reported rising hotline calls and investigations, a growing caseload, its sexual assault response team, the abuser registry, and a new interagency protective services integration system funded by ARPA dollars through 2027. The agency also flagged new federal rules that could affect funding eligibility and said it may need statutory changes to comply. Members asked about funding, reporting pathways, and how complaints reach DPPC, and the commissioner said the agency uses both mandated reporting and proactive outreach to identify and respond to abuse.
NM

New Mexico 2026 Regular Session

IC - Legislative Finance Dec 11th, 2025

Transcript Highlights:
  • Our request is 1.3%; 5.7% of that are GSD health rates.
  • We do have a vacancy rate for the agency.
  • We do have a vacancy rate for the agency.
  • It's a vacancy rate. All right. Thank you for that.
  • So there's no one set amount.
Summary: The Department of Public Safety presented its FY27 budget request, emphasizing three priorities: improving community engagement through a redesigned website and outreach, expanding statewide data and intelligence integration through intelligence-led policing, and improving emergency response and officer safety through fleet replacement, a driving track, and a requested helicopter. DPS said much of its increase is driven by rising health care premiums, and it is also seeking special appropriations for fleet replacement, the website rebuild, and an Honor Guard program created after the 2022 helicopter crash that killed four public servants. Members asked about vacancies, fleet costs, cybersecurity compliance, the real-time crime center, EV fleet participation, and the Metro DPS facility. DPS said its vacancy rate is about 9%, its fleet replacement needs are driven by mileage and condition, it is compliant with federal CJIS standards even though DoIT has raised concerns, the real-time crime center would be built as a regional model to complement Albuquerque’s center, and the Metro facility is moving toward a January groundbreaking. Committee members also discussed several DPS-related capital and IT requests, including the intelligence-led policing data lake, recurring maintenance for critical systems, and a $5.6 million reauthorization for state crime lab DNA backlog work and a $900,000 reauthorization for fingerprinting equipment. DPS explained that the website request is high because the current site must be rebuilt from scratch to support missing-person alerts, memorial updates, ADA compliance, and better communication with law enforcement and the public. Members also raised concerns about speed enforcement, construction-zone cameras, and whether EVs are practical for patrol use; DPS said it is not pursuing speed cameras and is only partially participating in the state EV initiative because patrol needs make full electrification difficult. The committee then received an LFC quarterly update on non-recurring appropriations from the 2025 General Appropriation Act. LFC reported that of the $1.4 billion appropriated in Section 5, $164 million had been expended and $333 million encumbered, leaving $897.4 million unspent, which is a slower pace than the prior year. Staff highlighted a number of reauthorization requests and slow-moving projects across agencies, including AOC cybersecurity funding, DFA housing and public safety grants, DoIT cybersecurity and higher education funds, EDD economic development and energy programs, OSI mitigation and malpractice funds, EMNRD energy and geothermal grants, Health Care Authority behavioral health-related appropriations, DPS crime lab and fingerprinting funds, PED career technical education and special education initiatives, and higher education loan repayment and technology funds. Members questioned why some large appropriations had little or no spending, discussed the need to monitor reauthorizations more closely, and asked for follow-up on several specific line items and project balances.
MA
Transcript Highlights:
  • are lower than our 5% rate.
  • If you pay the surtax and the base rate, that would be your top marginal rate.
  • If you pay the surtax and the base rate, that would be your top marginal rate.
  • This set of hundreds of data points spans several income tax rate changes over the last couple of decades
  • Their strategies are set.
Keywords: 995, all
Summary: The Special Joint Committee on Initiative Petitions held a public hearing on two proposed ballot initiatives: one to reduce the state personal income tax rate from 5% to 4% over three years, and another to revise the state’s tax collection cap/62F process so it would be based on prior-year collections plus wage growth and include surtax revenue. The committee chair and House co-chair outlined the hearing process, and the first witness was Doug Howgate of the Massachusetts Taxpayer Foundation, who testified as the committee’s subject-matter expert on both measures. He said the income tax proposal would lower taxes broadly but would reduce state revenue by about $5.4 billion when fully implemented, with an estimated $800 million hit in FY27, and he discussed possible effects on competitiveness, taxpayer savings, and public finances. On the 62F proposal, he said the revised cap would make refunds more likely, could have produced several large refunds in recent years, and would reduce stabilization fund deposits and constrain recovery after recessions. Committee members questioned Howgate about competitiveness, outmigration, prior tax ballot measures, spending growth, MassHealth, and the interaction between the income tax and surtax. He emphasized that taxes are only one part of the state’s overall competitiveness and that housing, public services, and other factors also matter. He also noted that the surtax is constitutionally restricted but can still support ongoing spending choices. After his testimony, the committee moved to the proponents’ panel. Proponents of both initiatives, including representatives from Taxpayers for an Affordable Massachusetts, the National Federation of Independent Business, Pioneer Institute, and the Mass Opportunity Alliance, argued that the measures would improve affordability, help retain residents and businesses, and support job growth. They cited polling support, outmigration, small-business reinvestment, and comparisons to lower-tax states such as North Carolina. Their economist, Rebecca Paxton, said her model showed smaller revenue losses than critics claim and projected that the revised revenue cap would not create additional annual revenue losses while producing more regular taxpayer refunds. Committee members pressed the panel on competitiveness, prior ballot initiative implementation, and whether the measures would actually address broader affordability pressures; the hearing ended with the committee continuing to take questions from the proponents.
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 24th, 2026 at 09:09 am

House Appropriations & Finance

Transcript Highlights:
  • the eligibility for who's eligible for child care and she sets the rates.
  • for child care and she sets the rates.
  • But the reality of it is to increase that rate, either one of those rates by $5.
  • That rate is at $20 an hour at the highest.
  • You know, some of these services might get a rate increase based on the service, the rate increases that
Keywords: 996, all