Video & Transcript Research : 'standard deduction'
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AZ
Transcript Highlights:
- It's a standard that... Yeah. The regulation would just be consistent.
- It's a standard that ensures consistency across all states.
- Every state around us has the same regulations and follows CMS standards.
- They're quite overdue for being updated to national standards.
- So I brought up standard of care previously.
Keywords:
radiation therapy, particle accelerator, critical access hospitals, patient care, rural healthcare, radiologic technologist, radiologist assistant, radiology, imaging, x-ray, diagnostic x-ray, fluoroscopy, mammography, computed tomography, CT technologist, nuclear medicine technologist, bone densitometry, radiation safety, radiation licensing, scope of practice
KY
Kentucky 2026 Regular Session
House Legislative Session Day 49 (3-18-26)
Kentucky House Floor Meeting
Transcript Highlights:
- the possibility of if those individuals that do have losses that they can take them off as a tax deduction
- them off<00:57:05.560>
as <00:57:05.680>a <00:57:05.760>tax <00:57:06.080>deduction - /c><00:57:07.120>
from <00:57:07.359>their <00:57:07.520>state off as a tax deduction - from their state off as a tax deduction from their state cuz<00:57:08.120>
I <00:57:08.200>
Summary:
The House convened with 98 members present, declared a quorum, approved the prior journal, and received Senate concurrence requests on Senate Bills 263, 281, and 324. The chamber then moved through second readings and committee reports on a range of measures, including education, agriculture, banking and insurance, judiciary, licensing, and task force resolutions. Among the reported bills were measures on KEES scholarships for non-certified schools, a residential safe room rebate program, dual credit scholarships, impeding a first responder, motor vehicles, tallow-based cosmetic products, animal health emergencies, mortgage loan income limits, deferred deposit fees, child protection, Attorney General operations, corrections operations, school leadership, school transportation, advanced mathematics coursework, and task forces on charitable gaming and early childhood education governance.
The House passed House Bill 642, a Teachers' Retirement System housekeeping bill, after adopting House Committee Substitute 1. The sponsor said the bill updates survivor benefit documentation, raises the daily earnings limit for retired members returning to work from $170 to $200, removes an unused early-return provision, reinstates a pension waiver program, clarifies benefit tier calculations using an earlier participation date in another state system, and allows a parent member to manage payments for a disabled child without a court order. Members asked about substitute teaching limits, retirement penalties, budget impact, and a removed provision involving index funds; the sponsor said he would follow up on the day limits and stated he did not believe the bill would add to unfunded liability. The bill passed 96-0.
The House also passed House Bill 780 on recording commissioner’s deeds, after adopting a floor amendment that removed fines and penalties. The bill allows a city to petition circuit court if a deed is not recorded within 30 business days, and the court may compel filing and award costs and attorney’s fees. Members discussed whether the bill effectively created a lawsuit-based enforcement mechanism rather than a fine, and supporters said it would help local governments identify responsible property owners and address code enforcement and public safety issues. The bill passed 96-0. House Bill 541, concerning peace officers, also passed after a committee substitute; the sponsor said it cleans up Kentucky Law Enforcement Council procedures, strengthens certification standards, clarifies revocation language, and reflects input from law enforcement groups. It passed 95-0.
House Bill 195, the Kentucky Urban Youth Agriculture Initiative, passed after a committee substitute and floor amendment. The substitute added Kentucky State University Cooperative Extension alongside UK Cooperative Extension, and the floor amendment changed the pilot’s implementation date to January 1, 2027 and adjusted the program’s term timing. Supporters said the bill would expand urban agriculture education, connect youth to food systems and career pathways, and help students in urban counties learn practical agricultural skills; it passed 97-0. The House then took up House Bill 794 on financial exploitation, which expands protections to all adults age 65 and older, adds felony penalties for knowingly, wantonly, or recklessly exploiting those adults, allows the attorney general to seek extradition from another state, and requires investment advisers to complete three hours of continuing education on financial exploitation. Members cited real-world scam experiences and urged stronger penalties, but the bill passed 96-0.
NH
New Hampshire 2025 Regular Session
Finance Budget Briefing (06/10/2025)
Transcript Highlights:
- credit is a new proposal provided by the Senate, and what that will allow is businesses to take tax deductions
- /c><00:41:59.359>
take <00:41:59.839>uh <00:42:00.000>tax <00:42:00.400>deductions - businesses to uh take uh tax deductions businesses to uh take uh tax deductions for<00:42:01.520
Summary:
The presentation was an LBA overview of Senate changes to the House-passed state budget, with Michael Kane explaining how Senate Finance updated revenue and spending estimates after April revenue figures and agency discussions. He said the Senate’s revenue outlook was higher than the House’s in some areas, but lower in others, especially video lottery terminal revenue, and that the biggest differences also came from changes to revenue splits between the general fund and education trust fund, lapse estimates, and several policy changes in House Bill 1 and House Bill 2.
Kane highlighted several major revenue and policy differences: the Senate changed the business tax, tobacco tax, and real estate transfer tax splits; adjusted liquor revenue dedication; removed the House’s meals-and-rooms distribution cap; delayed the Lakes Region facility proceeds plan; altered the PECARD fund treatment; added a granite patron of the arts tax credit; and changed the treatment of unique funds and video lottery terminal revenue. On spending, he noted Senate changes to judicial, corrections, HHS, human rights commission, and other budgets, including additional settlement costs, higher lapse assumptions, and a different approach to Medicaid premium revenue and retirement savings. He also described Senate additions such as a nursing home bed fee, Hampstead Hospital transition funding, and changes to the YDC claims settlement fund.
The presentation focused on comparing House and Senate surplus statements across fiscal years 2025 through 2027, including projected ending balances and rainy day fund transfers. Kane repeatedly emphasized that the numbers were still dependent on final revenues and lapse amounts, and that some balances would be carried forward and trued up later in the biennium. No committee vote or final action was described in the excerpt; it was an informational budget briefing and comparison of the two chambers’ proposals.
NH
New Hampshire 2025 Regular Session
Senate Finance Budget Briefing (06/10/2025)
Transcript Highlights:
- credit is a new proposal provided by the Senate, and what that will allow is businesses to take tax deductions
- /c><00:34:51.520>
take <00:34:52.000>uh <00:34:52.159>tax <00:34:52.480>deductions - businesses to uh take uh tax deductions businesses to uh take uh tax deductions for<00:34:53.679
Summary:
The Legislative Budget Assistant staff presented an overview of the Senate changes to the House-passed budget, focusing on revenue estimates, appropriations, and ending balances across the general fund and education trust fund. The presentation emphasized that the Senate’s budget reflected higher revenue assumptions than the House, driven in part by updated April revenue figures, changes to business, tobacco, and real estate transfer tax splits, and different assumptions about video lottery terminal revenue. The Senate also adjusted lapse estimates upward, especially for HHS, after receiving updated information that lapses could be much larger than originally assumed.
The presenter walked through the major differences in the surplus statements for fiscal years 2025 through 2027. Compared with the House, the Senate budget generally showed higher revenues, lower or different appropriations in some areas, and larger balances carried forward, including a larger education trust fund balance and a different rainy day fund transfer. The Senate’s approach also changed several policy assumptions, such as maintaining liquor revenue dedication, removing the House’s meals-and-rooms distribution cap, changing the treatment of unique revenue, and altering the process for meeting a targeted revenue amount by giving the governor more flexibility.
On the appropriations side, the Senate removed or modified several House reductions and added funding or adjustments in areas including the judicial branch, corrections, HHS, the Human Rights Commission, and certain settlement costs. The presenter also highlighted Senate changes in House Bill 2 and related budget provisions, including a new arts tax credit, a nursing home bed fee, changes to Medicaid premium assumptions, and differences in how motor vehicle inspection repeal and BLT-related revenue are handled. No votes were taken in the portion shown; the discussion was informational and comparative, aimed at explaining the Senate budget changes before conference committee negotiations.
HI
Transcript Highlights:
- Then you would deduct the exemption, and if there's anything else left over, that would be available.
- 00:16:15.959>
would quote like Equity uh then you would quote like Equity uh then you would deduct - 17.639>
exemption <00:16:18.120>and <00:16:18.319>if <00:16:18.480>there's deduct - the exemption and if there's deduct the exemption and if there's anything<00:16:19.120>
else <
Summary:
The committee heard testimony on several Judiciary-related measures. SB 94 would increase the mandatory minimum jail term for a first knowing or intentional violation of a temporary restraining order from 48 to 72 hours. The Office of the Public Defender and the Hawaii State Coalition Against Domestic Violence opposed the bill, arguing the current penalty is effective, the measure treats very different conduct the same, and the mental health assessment language is unclear and could be harmful or misapplied. Some other testifiers were listed in support or opposition, but no vote was taken.
SB 15 would raise the real property exemption amount for attachment or execution. The Hawaiʻi Financial Services Association offered comments rather than opposition, suggesting the bill should be clarified as applying to creditor claims rather than property taxes and possibly limited to a primary residence, with restrictions on frequency of use. Committee discussion focused on how the exemption would affect unsecured creditors, the role of recorded mortgages and judgment liens, and whether the bill should instead establish a clearer homestead-style exemption. The bill drew both support and comments, with no action taken during the hearing.
The committee also took testimony on SB 117, which would protect people making sexual misconduct claims from defamation suits unless made with malice; SB 121, a constitutional amendment to give the Senate more time to confirm judicial appointments; SB 14, a reapportionment amendment tied to the decennial census and resident population; SB 175, which would raise the mandatory retirement age for judges and justices from 70 to 75; SB 173, creating a three-year pilot program for free child care for minor children of parties and witnesses attending First Circuit court hearings; and SB 261, increasing juror pay from $30 to $50 per day. Testimony on these measures was generally supportive in the case of SB 175, SB 173, and SB 261, with some opposition on SB 14 and SB 117. On SB 173 and SB 261, committee members asked questions about practical implementation, and on SB 261 the State Bar Association said the increase was overdue and intended to encourage jury participation.
FL
Florida 2026 Regular Session
FL House Floor Session - 2026-03-03 (10:00AM Session)
Florida House Floor Meeting
Transcript Highlights:
- They do have standards.
- This bill in no way lowers standards; it reinforces them.
- This is not a judicial process, so there is no evidentiary standard.
- However, that same standard is not applied in Section 12.
- commission membership and consistent statewide training standards.
Summary:
The House opened with prayer, a moment of silence for former member Chester Clem, the Pledge of Allegiance, and quorum confirmation. Members then adopted the special order report for the day and approved a Rules and Ethics Committee report amending House Rule 15.3 to allow fundraising under certain circumstances during extended or special sessions.
The chamber then took up several bills. HB 1405 on a statewide project for missing persons with special needs passed unanimously. CS/CS/CS/SB 290, the Department of Agriculture and Consumer Services bill, passed 94-10 after debate focused on conservation land surplus procedures and agricultural use of state lands. CS/CS/CS/HB 905, the “Fire Act” on foreign influence, foreign gifts, critical infrastructure, sister city agreements, and related restrictions, passed 80-20 after the House adopted an amendment adding a prohibition on certain surrogacy contracts involving citizens or residents of foreign countries of concern. CS/CS/HB 1197, dealing with information technology procurement and contracting, passed 109-0. HB 1103 on local administration of vessel restrictions passed unanimously.
The House also debated CS/CS/CS/HB 399 on land use and development regulations. Supporters said it would limit development fees, standardize compatibility rules, allow manufactured homes in RV parks, and lower voting thresholds for comprehensive plan changes to address housing affordability; opponents argued it would preempt local control, weaken voter-approved urban boundary protections, and risk conservation lands. An amendment to preserve Orange County’s boundary rules failed, while a technical amendment on manufactured homes passed. The bill then passed 71-38. The House also passed several local bills, including measures for the Pace Fire Rescue District, Avalon Beach/Mulat Fire Protection District, East Point Water and Sewer District, Fellsmere Water Control District, and Headwaters Water Control District, with votes ranging from 83-27 to unanimous approval. The transcript also included farewell remarks from Representative Angie Nixon before the House returned to remaining business.
HI
Transcript Highlights:
- take into consideration the grants distributed according to the due dates on the federal website, to deduct
- take into consideration the grants distributed according to the due dates on the federal website, to deduct
Summary:
The joint AEN-HRE hearing focused on HCR 130, HD1, which urges increased and sustained funding for the island invasive species committees and the Hawaii Ant Lab within the University of Hawaii’s Pacific Cooperative Studies Unit. The Department of Agriculture said it supported the intent and noted that ISC funding flows through the Hawaii Invasive Species Council budget item via DLNR, while also describing ongoing collaboration with DLNR and efforts to support ant control work. Testifiers from CAPS, the University of Hawaii, the Oahu Invasive Species Committee, and CARES all supported the resolution, emphasizing that invasive species work is underfunded, that the island committees and Hawaii Ant Lab do critical control, research, outreach, and eradication work, and that sustained resources are needed to plan effectively and respond to priority pests such as little fire ant, coconut rhinoceros beetle, and coqui frog.
A lengthy exchange followed over whether the resolution was meaningful, since it would be urging the state to fund work the Legislature itself controls. Several members argued that a resolution alone has no legal effect and that funding should come through bills and appropriations instead. In response, the Department of Agriculture said its top biosecurity needs are personnel and chemicals, and noted it is building up its plant quarantine and plant pest control divisions with prior funding and HB 427. Oahu Invasive Species Committee representatives said they rely heavily on Hawaii Invasive Species Council grants, have limited soft funding, and need more stable resources; they also pointed to annual reports and prior testimony as documentation of their work.
After a brief recess, the chairs announced they would pass the resolution with amendments to make it more relevant. The amendments changed the title and text to urge the counties, Congress, and other relevant agencies—not the state alone—to provide increased and sustained funding, and added language urging all of those bodies to seek federal grants. The AEN committee then voted to pass HCR 130, HD1, as amended, and the HRE committee also voted to pass it with amendments. The motion was adopted in both committees.
TX
Transcript Highlights:
- And then in addition to that, is it my understanding that it's not a deduction in any way for a teacher
- legal defense fund that is set up, that's an added benefit where it could free up automatic dues deductions
Keywords:
teacher compensation, education funding, public school educators, teacher retention, teacher designation, SB 26, Texas Property Code, colonia, colonias, Spanish translation, bilingual contract, real estate contract, executory contract, residential property, border county, international border, economically distressed area, consumer protection, language access, translator certified in Spanish
NM
New Mexico 2025 Regular Session
IC - Radioactive and Hazardous Materials Jul 11th, 2025
Radioactive & Hazardous Materials Committee
Transcript Highlights:
- But as you can see with this particular truck, and this is standard in the industry, these trucks do
- Are there federal standards that basically in both cases have to be met in terms of transport, worker
- Nation have, and this mine company, have one set of rules, but the EPA is going to go by a different standard
- across the Navajo Nation that None of that is occurring, and you know, so that's our inspection standard
- That entity then deducts their fees, and you're at the mercy of them eventually issuing you your claim
NH
Transcript Highlights:
- <00:19:51.120>
that fundamental accounting standard that fundamental accounting standard that - <00:38:22.480>
to allow us to comply with P standards to allow us to comply with P standards - :37.760>
we <02:27:38.000>have historical standard that we have historical standard that - The Police Standards and Training Council regulates the hiring, educational, and certification standards
- under police standards and training. under police standards and training.
AL
Alabama 2025 Regular Session
Alabama Senate Finance and Taxation Education Committee Mar 5th, 2025
Finance and Taxation Education
AL
Alabama 2025 Regular Session
Alabama House Ways and Means General Fund Committee Feb 19th, 2025
Ways and Means General Fund
Transcript Highlights:
- It won't be a deduction on any child support; it just gives that judge knowledge that, hey, you work
Keywords:
judicial compensation, salary increase, court system, Alabama legislation, judges, HB187, court fees, docket fee, sheriff's fund, sheriff's office, jail operations, law enforcement, county sheriff, court filing fees, Alabama Code 12-19-312, solicitor's fund, clerk's fund, forensic services trust fund, budget flexibility, public safety
NM
Transcript Highlights:
- The second is ensuring that there are behavioral health standards and that we're able to capture promising
- What we mean by that is behavioral health standards are the standards at which behavioral health services
- Around services, they know what qualifies for Medicaid, they know what the standards are, they know what
- We don't have a standard scope of practice.
- What do you, do you have any documented standard operating procedures on?
MN
Minnesota 2025 1st Special Session
House Higher Education Finance and Policy Committee 3/13/25
Higher Education Finance and Policy
Transcript Highlights:
- The oversight assesses our implementation of best practice standards, which results in quality services
- those funds don't go away, it doesn't mean they can't ever use them because they can apply for the standard
- If you can just tell us, like, how is the automatic 1,500 deducted now?
- If you can just tell us, like, how is the automatic 1,500 deducted now?
- If you can just tell us, like, how is the automatic 1,500 deducted now?
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Financial Services Jun 21st, 2026 at 10:30 am
Joint Committee on Financial Services
Transcript Highlights:
- of care, and those standards recognize detransitioning surgery.
- Light-based or laser treatments are the standard of care for these birthmarks, and they're really first
- They meet the same standard as allied mental health counselors, marriage and family counselors, applied
- They meet the same standard as allied mental health counselors, marriage and family counselors, applied
- There is no standard of care for detransitioning, only in...
Summary:
The committee heard testimony on a wide range of health insurance and public health bills, with most speakers focused on expanding coverage for specific treatments and services. Bills discussed included H. 1187/S. 792 on rehabilitation counselors, H. 1173/S. 692 on patient navigation, S. 2600 on scalp cooling for chemotherapy patients, S. 2599 on medically necessary treatment for port wine birthmarks, H. 1164 on licensed educational psychologists for child and adolescent mental health services, S. 754/H. 1254 on autism diagnosis and treatment by nurse practitioners and psychiatric nurse mental health clinical specialists, S. 714/H. 1137 on infectious disease response and coverage, and S. 791 on making nature a prescriptive therapeutic intervention. Speakers generally argued these bills would improve access, reduce out-of-pocket costs, and address gaps in current insurance reimbursement rules.
Testimony in support emphasized personal stories and clinical evidence. Cancer patients and providers described the benefits of patient navigation and scalp cooling for dignity and quality of life during treatment. Boston Children’s Hospital staff and families said port wine birthmark treatment is medically necessary, can prevent complications, and should not be denied as cosmetic. Rehabilitation counselors and school psychologists argued their services are effective, cost-saving, and underused because they cannot bill insurance. Autism advocates said current insurance statutes are outdated because nurse practitioners and psychiatric nurse mental health clinical specialists already provide evaluations and should be recognized for reimbursement to avoid delays in early intervention. Public health and GLAD Law testimony supported stronger infectious disease coverage to remove barriers to testing, treatment, and PrEP access.
The hearing also included extensive testimony on H. 1172, a bill requiring insurance coverage for detransition-related care. Supporters said it would ensure coverage for medically necessary care for people who regret or reverse gender transition, while opponents argued it would legitimize anti-trans narratives or, conversely, that detransition care is needed because transition procedures can cause harm. The committee also heard strong support for S. 791 from advocates who described nature access as a health intervention that could help with trauma, anxiety, substance use recovery, and environmental justice, with claims that insurance coverage and reduced park fees would improve access. No votes were taken during the transcript, and the chair repeatedly thanked speakers and moved through the long list of public testimony.
NM
New Mexico 2026 Regular Session
Senate - Health and Public Affairs Feb 1st, 2026 at 01:15 pm
Senate Health & Public Affairs
Transcript Highlights:
- It doesn't lower legal standards. It doesn't jeopardize evidentiary procedures.
- The burden of proof still remains, as well as the burden of evidence and those standards.
- So it is preserved in not only high forensic standards but also direct.
- There is also a real stigma-based double standard here.
- Authentic Health care requires standards, inspections, and accountability.
Keywords:
sexual crimes, statute of limitations, criminal justice, victim rights, child abuse, individualized treatment, investigational treatment, health care, life-threatening illness, patient rights, physician recommendation, informed consent, human trafficking, sexual exploitation, child protection, prosecution, crime amendments, SB30, induced abortion, abortion reporting
FL
Florida 2025 Regular Session
Rules Apr 16th, 2025
Transcript Highlights:
- THE ORIGINAL BILL USE THE STATEWIDE STANDARD OF TWICE AMINE WAGE OF EVERYONE IN THE STATE WHICH HAD THE
- SO THE 7 1/2% WOULD BE DEDUCTED OUT OF THE CST AND THEN BE SENT TO COMMERCE.
- I'M ASSUMING THE ROOFERS WILL MAKE IT PART OF THEIR STANDARD 14 HOUR COURSE AND THEN IT WOULD BE A STANDARD
- Osgood: JUST A FEW MORE, YOU HAVE THE STANDARD MONITORING TOOL IN THIS BILL, SEN.?
- THE STATE BOARD OF EDUCATION IS WHO IS THE PRODUCER OF THIS STANDARD MONITORING TOOL, CORRECT?
LA
Transcript Highlights:
- disclosure provisions from saying that it may be unlawful for a contractor to waive or offset a deductible
- I don't have to pay a deductible. I don't have to do this.' And so they do it.
- I wouldn't even, I would tell the homeowner your deductible is probably higher than that.
Keywords:
home inspectors, board membership, licensing, term limits, Louisiana State Board, utility, reimbursement, overcharges, consumer protection, economic relief, hidden fees, junk fees, drip pricing, price transparency, mandatory fees, surcharges, unfair trade practices, advertising disclosures, total price, service fees
Summary:
The committee first heard House Bill 267 by Vice Chair Polly Thomas, which would revise the membership rules for the Louisiana State Board of Home Inspectors. The bill would update who may nominate board members, add qualifications and term limits, and allow the governor more flexibility in appointing or reappointing members from less populated districts. After adopting technical amendments, the committee reported the bill favorably with amendments.
The committee then considered House Bill 478 by Representative Knox, dealing with utility overcharge reimbursements. The bill requires reimbursements to be clearly labeled on customer bills and sets a deadline for repayment; after discussion with the Public Service Commission and utility representatives, the committee amended the bill to extend the repayment period from 45 to 90 calendar days and clarified that some settlement or regulatory credits would be treated differently. The bill was then reported favorably as amended.
Finally, the committee took up House Bill 924 by Representative Glorioso, a consumer-protection measure aimed at contractor solicitation after disasters. The bill would restrict certain direct solicitations of residential property owners during a declared disaster period, address misleading insurance-related practices, and add disclosure and rescission requirements. After substantial debate over impacts on legitimate contractors, emergency repairs, and enforcement, the committee adopted a conceptual amendment shortening the disaster-response period from six months to 30 days. Testimony was split, with the sponsor, the insurance commissioner, and some contractors supporting the bill as a fraud-prevention measure, while other contractors argued it would hurt small businesses and was better addressed through enforcement. The transcript ends before final committee action on HB 924.
LA
Louisiana 2026 Regular Session
Commerce Apr 21st, 2026
Commerce, Consumer Protection, and International Affairs
Transcript Highlights:
- disclosure provisions from saying that it may be unlawful for a contractor to waive or offset a deductible
- I don't have to pay deductible. I don't have to do this.' And so they do it.
- I wouldn't even— I would tell the homeowner your deductible is probably higher than that.
Summary:
The committee first heard House Bill 267, which would change the membership rules for the Louisiana State Board of Home Inspectors by adjusting appointment qualifications, term limits, and nomination procedures. Vice Chair Thomas explained the bill was meant to address the lack of nominations from existing entities and to allow the governor more flexibility, especially in smaller districts. After adopting a technical amendment, the committee reported HB 267 favorably.
The committee then considered House Bill 478 on utility overcharge reimbursements. The bill, as amended, requires utilities to clearly label reimbursements on customer bills and sets a deadline for issuing refunds. After discussion with the Public Service Commission and utility representatives, the committee changed the reimbursement timeline from 45 days to 90 days and clarified that the bill would not interfere with larger settlement or regulatory credits. HB 478 was then reported favorably as amended.
The longest discussion centered on House Bill 924, a consumer protection measure aimed at contractors who solicit residential property owners after declared disasters. The author said the bill was intended to curb predatory storm-chasing and fraudulent insurance-related practices, while still allowing emergency mitigation work. The committee adopted technical amendments and then a conceptual amendment shortening the catastrophe response period from six months to 30 days. Testimony was split: the Insurance Commissioner and some roofing industry witnesses supported the bill as a way to deter fraud, while other contractors argued it would hurt small businesses, limit legitimate door-to-door work, and not solve enforcement problems. The bill remained under consideration after extensive testimony and public comment.
NH
New Hampshire 2025 Regular Session
House Commerce and Consumer Affairs (02/05/2025)
Transcript Highlights:
- <00:42:54.200>
and ibhs certified gold star standard and ibhs certified gold star standard - <01:28:18.480>
that's the 325 IS I believe the standard that's the 325 IS I believe the standard - The question was whether that is standard in insurance companies.
- <03:52:52.399>
for carriers to the same standards for carriers to the same standards for credentialing - um promate a rule setting one standard um promate a rule setting one standard format<05:00:42.360
Summary:
The committee heard testimony on a non-germane amendment to HB 297 that would create the Granite State Home Mitigation and Resiliency Program. Insurance Commissioner DJ Beton, joined by department staff, explained that the proposal is intended to help homeowners afford insurance by funding proactive home improvements that reduce risk and improve insurability. He said the program would be funded by the first $1 million collected annually from the insurance premium tax, with grants of up to $10,000 available on a first-come, first-served basis.
Beton described the problem as rising homeowners insurance premiums, hard-market underwriting, nonrenewals, and the resulting shift to more expensive surplus lines coverage. He said eligible projects could include roof fortification, exterior improvements, flood-related foundation work, and removal of hazardous trees or limbs. He cited similar programs in other states, especially Alabama, Louisiana, and North Carolina, as evidence the model can work and noted that industry representatives were present in support. He also said the program would use means testing aligned with the Department of Energy’s weatherization program to target lower-income applicants.
Members asked about the non-germane process, who would administer the program, and how the bill would prevent misuse of grant funds. The commissioner said the department would administer the program using one repurposed existing position, with Treasury handling fund flow through an MOU. Staff explained that applicants would have to show completed work through a signed contract, itemized work, and a sworn contractor affidavit, with some upfront payment allowed for materials and the remainder paid after completion. The chair and members discussed that the amendment is being attached to a different bill only to move the proposal through committee and on to House Finance for further consideration.