Video & Transcript : 'credit audit' :
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MN
Minnesota 2025-2026 Regular Session
Gov. Tim Walz's tax bill, HF2437, heard in House Taxes Committee 4/2/25
Transcript Highlights:
- </c><00:03:44.000><c> it</c> portion of the K through 12 credit it portion of the K through 12 credit
- </c><00:03:59.799><c> stays</c> the rest of the credit stays the rest of the credit stays intact<00:04
- family credit would still be exempt.
- and the working Family child tax credit and the working Family Credit<00:18:34.919><c> would</c><00:
- </c> credit refund and the renters credit credit refund and the renters credit which<01:32:02.400><c>
Summary:
The committee took up House File 2437, the governor’s proposed tax bill, and first adopted the A25-Z42 amendment to put the bill in the desired shape. Commissioner Paul Marquardt of the Department of Revenue then presented the bill as part of Governor Walz and Lieutenant Governor Flanagan’s budget, describing it as a response to budget pressures that would make the tax system more fair and stable while supporting economic development and jobs.
Marquardt walked through the bill’s major provisions. These included sustainable aviation fuel policy, repeal of K-12 education credit assignment, elimination of the political contribution refund, expansion of the research and development credit, short-line railroad infrastructure modernization, changes to the state airport fund levy, replacement of attachments and appearances with distribution systems, a narrow personal property tax exception for low-income housing tenants, reduced aquatic invasive species aid, and a 34% reduction in PILT payments. He then focused on the sales tax article, saying it would lower the statewide rate by 0.75% while expanding the base to selected professional services such as accounting, banking, brokerage, and legal services, with business-to-business transactions exempt. He said the proposal would be effective for sales and purchases after September 30, 2025, and estimated a first-year rate-cut impact of about $99 million versus $215 million from the service expansion, while arguing that most households would see a net tax cut. He also noted other changes such as landlord penalty adjustments, a 30% reduction in sustainable aviation fuel incentive payments, repeal of local government cannabis aid, and repeal of the tax filing modernization account.
Public testimony began with Kyle Playford of the Financial Planning Association of Minnesota, who strongly opposed the proposed sales tax on professional services, especially financial planning. He argued that financial planning is an essential service for retirement, investment, and long-term financial security, and said the tax would raise costs for consumers, reduce access for middle-class families, small business owners, and retirees, and put Minnesota firms at a competitive disadvantage. The chair then indicated that additional public testimony would continue before member questions.
MN
Minnesota 2025-2026 Regular Session
Committee on Energy, Utilities, Environment and Climate - 03/25/26
Energy, Utilities, Environment, and Climate
Transcript Highlights:
- And when I first read it, I assumed that you're striking this language to do audits before you do the
- before you do the upgrades or audits before you do the upgrades or even<00:05:19.760><c> even</c><00
- ,</c><00:05:33.080><c> what's</c> if you're not doing the audits, what's if you're not doing the audits
- They do require audits.
- They do require audits.
AZ
Transcript Highlights:
- Speaker Pro Tem, with your permission, the Joint Legislative Audit Committee has its hearing today in
- HB 2543, federal tax credit authorization scholarship, Education.
- HB 2804, rural affordable housing tax credit, IT.
- HB 2804, rural affordable housing tax credit, Appropriations.
- HB 2903, social credit use prohibition, Commerce.
Summary:
The House convened, opened with prayer and the Pledge of Allegiance, approved the prior journal, and recorded attendance at 56 present, zero absent, and four excused. Members then used personal privilege to introduce guests and recognize visiting groups, including the West Valley Regional Chamber, Habitat for Humanity, Special Olympics Arizona, Vitalant, and veterans and military representatives. The chamber and blood donor month proclamations were read, with Representative Bliss recognizing January as National Blood Donor Month in Arizona and Vitalant’s role in supplying most of the state’s blood supply, and Representative Aguilar declaring January 22, 2026, West Valley Regional Chamber Day.
The House handled a large volume of procedural business, including reports of standing committees, first reading and referral of numerous bills and resolutions, and announcements of committee meetings. The bills covered a wide range of topics such as elections, education, housing, taxes, health care, artificial intelligence, veterans, public safety, and energy. Several measures were also withdrawn and reassigned to different committees, including referrals to the Committee on Artificial Intelligence and Innovation, Government, Public Safety and Law Enforcement, and Natural Resources, Energy, and Water.
Members also made brief remarks honoring guests and community causes, including a Veterans Caucus lunch announcement focused on military-family policy and a personal remembrance by Senator Cruz. No substantive floor votes on legislation were taken beyond procedural approvals and the motion to adjourn. The House recessed and later adjourned until 1:15 p.m. on Monday, January 26, 2026.
KY
Transcript Highlights:
- </c><00:04:39.199><c> card</c> various financial documents, credit card various financial documents,
- I'm actually the one who kind of started the whole credit card thing.
- I'm actually the one who kind of started the whole credit card thing.
- Well, then that sort of snowballed into me asking other districts about their credit card receipts.
- And so when I had gotten their credit card receipts, they were just as shocking.
Committee:
Senate Education
FL
Florida 2025 Regular Session
March 19, 2025 - 01:00 PM
Transcript Highlights:
- It's submitted quarterly and annually, only the annual one is audited.
- that we get that is audited by a separate entity than the auditors that do the ASR audits.
- Audit shareholder with Thomas L.
- Ferguson was directly involved with the audit of this particular plan.
- really audit procedures to go in and test that accumulation of the data.
Summary:
The Health Care Budget Subcommittee took up two bills and then continued oversight discussions with APD and AHCA. CS/HB 27, the Social Work Licensure Interstate Compact, was presented as a way to let Florida social workers practice in other compact states and vice versa; AARP, the Florida Chamber, and NASW Florida supported it, and the bill passed favorably. HB 1127, a child welfare bill, would create a treatment foster care pilot for children with high behavioral needs, improve DCF data collection on commercially sexually exploited children, and expand recruitment for protective investigators and case managers; the bill also passed favorably after brief supportive testimony.
The committee then questioned APD at length about the iBudget waiver waitlist, enrollment pace, spending projections, and provider capacity. APD said it had sent more than 1,100 interest letters in categories 3, 4, and 5, enrolled 1,124 people so far this year, and expects to spend about 96.4% of its waiver appropriation, leaving roughly $82 million unspent. Members pressed APD on why prior discussions suggested more reserve was needed, how long the SANS process takes, whether category 6 could be expanded, and whether the agency has enough waiver support coordinators and direct support providers. APD said it has about 1,061 waiver support coordinators statewide, adequate capacity for current enrollees, but would need further analysis if the legislature directed a much larger enrollment increase. Members also asked about outreach, annual maintenance of the waitlist, portability for military families, and whether communication efforts should be privatized.
Finally, AHCA walked the committee through the 2023 Achieved Savings Rebate (ASR) report for Aetna and explained how the report is used for financial monitoring, rebate calculations, and transparency. AHCA said the ASR is separate from the medical loss ratio (MLR) calculation, though both are reviewed, and that Florida uses the ASR mechanism rather than an MLR remittance requirement to recover funds from plans. Members asked about related-party disclosures, CVS/Caremark relationships, expanded benefits, encounter data, network adequacy penalties, denials and appeals reporting, interest earned on capitation payments, and whether rate increases were reaching providers. AHCA and the outside auditors said they review the plans’ reported data, reconcile it to underlying records, and can assess liquidated damages for network adequacy violations; several members requested follow-up data on rebates, interest, provider capacity, and related-party reporting.
NH
New Hampshire 2025 Regular Session
Public Higher Education Study Committee (05/23/2025)
Transcript Highlights:
- credits, most associate degree programs being 60 credits, the thought about 15 credits is that a student
- credits, most associate degree programs being 60 credits, the thought about 15 credits is that a student
- credits, most associate degree programs being 60 credits, the thought about 15 credits is that a student
- credits, most associate degree programs being 60 credits, the thought about 15 credits is that a student
- c><01:15:04.400><c> bachelor's</c> as a 90 credit or a 95 credit bachelor's as a 90 credit or a 95 credit
Summary:
The committee heard updates from the chancellors of the state university system and the community college system on ongoing restructuring, collaboration, and enrollment trends. The university system said its office move to the NHTI campus is ahead of schedule and should save students about $250,000 a year while creating revenue for the community college system. Both systems described continued work on transfer pathways, direct-admit outreach, shared advising, and broader efforts to shrink footprints, reduce costs, and improve operational efficiency in response to declining enrollment and demographic pressure.
A major topic was a possible federal change to Pell Grant eligibility that would require students to enroll in at least 7.5 credits. The chancellors said most community college students are part-time because of work and family responsibilities, and that the change could affect roughly 2,000 current Pell recipients and make it harder for students to afford or sustain enrollment. Members also discussed how the state’s governor’s scholarship statute largely benefits full-time students, suggesting possible future statutory changes. The chancellors explained how credits typically work, noting most courses are three or four credits and that students would likely need to add an entire course to meet the proposed threshold.
The committee also discussed the broader higher education landscape, including declining high school cohorts, competition among New England institutions, and the need to right-size capacity. One member raised concerns about the health of regional campuses such as Plymouth and Keene; the chancellors said incoming enrollment is down at UNH and Plymouth and holding at Keene, attributing the trend to demographics rather than one campus drawing students away from another. They emphasized the importance of community colleges, adult learners, and short-term workforce programs as part of the state’s future education mix.
Finally, the committee touched on the value of the university system’s research enterprise. The chancellor said about $250 million a year flows into the university system in federal research grants, with about $9.5 million currently under stop-work orders from federal agencies. She said the immediate concern is not DEI-related but federal cuts and possible caps on indirect cost recovery. Members noted that the R1 research designation supports business partnerships, student opportunities, and economic development projects such as West Edge in Durham.
FL
Florida 2025 Regular Session
December 10, 2025 - 01:00 PM
Transcript Highlights:
- They rover enjoying auditing. Okay.
- We do a math audit of you that sits down there and take the face. The checks it all out.
- This is what we math audited. If you are underpaid, okay, it's going to send you a billing.
- The audit program were than they had in the prior year.
- You get a whole lot of phone calls from people saying wasn't audited. Thank you.
NH
New Hampshire 2025 Regular Session
House Commerce and Consumer Affairs (03/12/2025)
Transcript Highlights:
- </c> stashed away it could be on a credit stashed away it could be on a credit card<00:17:40.120><c>
- </c><00:45:19.520><c> somewhere</c> of credit somewhere of credit somewhere and<00:45:22.000><c> I</c
- Itl, okay, next one. 706, uh, provider audits? Provider audits? Is that the one we just did? 275?
- Oh, this is the audits, right?
- </c><04:52:43.040><c> firm</c> so we use our we have an auditing firm so we use our we have an auditing
Summary:
The subcommittee first took up several bills and repeatedly chose to retain or table them rather than advance them. House 167, dealing with past wax, was voted ought to pass; House 312 was retained because members said NCAA-related advertising and uniform policy issues were still unresolved; House 434, requiring insurers to provide rental cars for at least seven days, was voted inexpedient to legislate; and House 454, on biodegradable packaging claims, was also voted inexpedient to legislate after members said the proposal lacked a workable enforcement mechanism and would likely be only a symbolic state-by-state measure. House 721, making gold legal tender, was retained, with members saying the bill needed more work and that the issue was less compelling in New Hampshire because the state has no sales tax.
The committee then discussed House 310, which was amended to create a study commission on blockchain and related regulatory issues. The amendment expanded the commission’s charge to include legal, regulatory, financial, technological, and environmental considerations, added review of federal developments, included blockchain-based trust and stable token issues, broadened membership, and extended the repeal and report dates by a year. Members said the commission would help New Hampshire develop expertise and a report for future legislation, while also noting that federal action could affect the state’s role. The amendment was adopted 8-1, and the bill itself was then retained.
Finally, the subcommittee heard a revised amendment to House 406 on business filings and registered agents. The Secretary of State’s office explained that the amendment, drafted with input from the Business and Industry Association, narrows the bill to address fraudulent or unauthorized entity filings after a written complaint and sworn statement, sets minimum requirements for registered agents, bars use of commercial mail-drop addresses as registered offices, and allows removal or cancellation of fraudulent filings with penalties for false filings. Members asked about which entities must maintain registered offices and how the rules would affect home-based businesses; the sponsor said most New Hampshire business entities must have a registered office, with some exceptions such as domestic nonprofits and trade names. The discussion emphasized concerns about synthetic entities, identity misuse, and the need for a physical in-state registered agent address.
CA
California 2025-2026 Regular Session
Senate Budget and Fiscal Review Subcommittee No. 4 on State Administration and General Government Apr 16th, 2026
Transcript Highlights:
- Film and television tax credit program.
- That battle on the underlying tax credit is done.
- Even when a business is awarded a credit, the efficacy of the credit continues to be tracked through
- If a lot of credits were awarded in a single year, placing a limit on the size of the total pool of credits
- So the tax credit...
LA
Louisiana 2026 Regular Session
Commerce, Consumer Protection and International Affairs May 6th, 2026
Transcript Highlights:
- So I want to credit the work that you guys have helped me with.
- And based on examining their budget and legislative audit reports, all of those individuals appear to
- And based on examining their budget and legislative audit reports, all of those individuals appear to
- It requires annual disbursements after an audit and allows certain residential plumber limited licensees
- The consumer credit bill will defer. Oh, you are? Yes. I'm asking for a deferral on that.
Summary:
The Senate Commerce Committee met on May 6, 2026, with five members present and approved the prior meeting minutes. The committee first heard HB 750, a “click-to-cancel” consumer protection bill requiring subscription cancellations to be as easy as sign-up and to be available through the same method used to subscribe. An amendment was adopted, testimony included support from labor and consumer advocates and opposition from some business groups, and the bill was reported favorably as amended.
The committee then took up SB 414, which was narrowed to cap interest on medical debt at 3%. After reconsidering and replacing prior amendments, the committee adopted the new amendment set and reported the bill favorably as amended. HB 799, concerning inspection licensing for elevators, escalators, and boilers, was presented by the State Fire Marshal and reported favorably with little discussion.
The longest discussion centered on HB 953, a major plumbing workforce and licensing reform bill. The bill was amended substantially: the original proposal to move plumbing oversight to the Contractors Board was removed, the plumbing board remained in place, apprenticeship and journeyman/master plumber hour requirements were revised, penalties and reporting requirements were added, and language was included to support workforce development and reentry training. The committee heard both support and opposition, including clarification from the State Plumbing Board that it already has an appeals process through the courts, and HB 953 was reported favorably as amended.
Finally, HB 220, the “PROTECT Act,” was heard to require covered online platforms to maintain a clear and usable mechanism for reporting child sexual abuse material and exploitation. An amendment was adopted to account for platforms that require registration to access content, testimony was supportive, and the bill was reported favorably as amended. HB 952 was deferred, and HB 827, a related plumbing workforce bill, was amended to align more closely with HB 953 but then failed a motion to defer by roll call vote, allowing it to remain pending. The committee then adjourned.
NH
Transcript Highlights:
- It updates the contingent credit then.
- </c> weren't risking the state's credit weren't risking the state's credit rating.<00:16:17.920><c> Um
- </c> Um, for bond purposes, for credit Um, for bond purposes, for credit rating,<00:16:33.519><c> we<
- </c> defer to your expertise in the credit defer to your expertise in the credit area<00:20:44.880><c
- </c><00:22:47.360><c> limits,</c> unified contingent credit limits, unified contingent credit limits,
Committee:
House Finance
NM
Transcript Highlights:
- One success with the low-income housing tax credits: there was a 12.5% increase on the 9% tax credits
- Some of the spillover effects of that are higher credit card delinquencies, higher credit card utilization
- , and deteriorating credit scores.
- We currently have 19 applications distributed between 9% tax credits and 4% tax credits.
- us over 12 audits a year.
Committee:
Senate Senate Finance
UT
Utah 2025 Regular Session
Government Operations Interim Committee - November 19, 2025
Government Operations Interim Committee
Transcript Highlights:
- Audit manager in the Office of the Legislative Auditor General.
- Just a quick background: this audit came off the heels of our 2024 audit, a performance audit of the
- The post-election audits in particular we focused on in our main audit report.
- Thank you for the audit and for the remarks here today.
- Chair, we began auditing elections in earnest in 2022 in these more comprehensive audits.
MN
Minnesota 2025-2026 Regular Session
House DFL Press Conference 5/6/25
Transcript Highlights:
- Can I just say something as a member of the Legislative Audit Commission?
- ,</c><00:15:20.720><c> state</c> auditor for the state audit, state auditor for the state audit, state
- </c><00:15:51.600><c> commission</c> the uh legislative audit commission the uh legislative audit commission
- The auditor, their job, they have auditing skills, right, to look at processes.
- We heard a lot of audit reports in the fraud committee.
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Oct 15th, 2025
Transcript Highlights:
- The recapture rate on this, these are lines of credit.
- The interesting part about that is that it's done as a revolving line of credit.
- We did a baseline audit of 32 in Germany and 35 in the U.K.
- And there were no findings in the agency's FY 23 or 24 financial audits. Mr.
- In its FY24 audit, the agency had a material weakness audit finding regarding internal control and a
TX
Texas 89th Regular
Senate Committee on Higher Education Jul 28th, 2026
Transcript Highlights:
- As it relates to auditing, is anything dealing with auditing a part of that?
- Well, again, I want to give credit where credit is due.
- So a student completes at least 15 semester credit hours of dual credit through a community college.
- Increase in dual credit.
- And that's how you transfer credits. And I said, well, what happens if they don't take the credits?
Summary:
The Senate Committee on Higher Education met with a quorum, adopted its interim rules on a 6-0 vote, and heard opening remarks from members and staff introductions. The chair emphasized higher education’s role in workforce development and noted a Legislative Budget Board survey issue that was resolved after a community college initially did not respond because the survey was marked optional. The committee then focused on monitoring implementation of Senate Bill 37, which governs public higher education boards, curriculum review, faculty senates/councils, training for regents, and the ombudsman office.
Testimony from Chancellor Brandon Creighton of Texas Tech, Commissioner Wynn Rosser, UNT Chancellor Michael Williams, and Ombudsman Brandon Simmons described how SB 37 is being implemented. They said boards now have stronger authority, faculty senates are advisory, and institutions are reviewing general education curricula and other programs for rigor, relevance, and workforce value. Rosser said the statewide advisory committee is reviewing the core curriculum and board training requirements are being administered, while Simmons reported the ombudsman office has received 73 complaints, opened two investigations, and expects a third, with many complaints outside its jurisdiction or harassing in nature.
Members questioned witnesses about transfer credits, board training content, auditing, conflicts of interest, curriculum decisions, and whether any institutions were missing deadlines. Rosser said non-transferable credits have declined since reporting began under earlier law, and that the most common reason is courses outside degree requirements. Witnesses said they were not aware of institutions missing the SB 37 review deadlines. Senators also raised concerns about an appearance of impropriety in a Texas Tech-related matter and about whether a Dred Scott case should be taught in law school, with Creighton saying the curriculum review process did not prohibit teaching Supreme Court cases and that he would follow up. Later testimony from University of Houston, Texas State, UT, and Texas A&M system officials said their systems had updated policies, abolished prior faculty senates, created compliant advisory councils, and completed or were completing core curriculum reviews and related governance changes.
MN
Minnesota 2025-2026 Regular Session
House Energy Finance and Policy Committee 3/27/25
Energy Finance and Policy
Transcript Highlights:
- </c> use the system then we rebate or credit use the system then we rebate or credit their<00:13:53.800
- As Senator FR said yesterday, one megawatt of solar credits is one megawatt of credits, no matter what
- As Senator FR said yesterday, one megawatt of solar credits is one megawatt of credits, no matter what
- As Senator FR said yesterday, one megawatt of solar credits is one megawatt of credits, no matter what
- Boy on that, as Senator FR said yesterday, one megawatt of solar credits is one megawatt of credits,
Committee:
House Energy Finance and Policy
US
US Federal 2025-2026 Regular Session
Hearings to examine the nominations of Jonathan Gould, of Virginia, to be Comptroller of the Currency for a term of five years, Luke Pettit, of the District of Columbia, to be an Assistant Secretary of the Treasury, Paul Atkins, of Virginia, to be Mar 27th, 2025 at 09:00 am
Banking, Housing, and Urban Affairs Committee
Transcript Highlights:
- Risk management has implications for the cost and availability of credit, the system's ability to absorb
- From buying a home or starting a business to accessing credit and saving for retirement, a stable and
- In fact, the SEC just approved a exchange-traded fund containing private credit assets, so there is a
- Shifting gears, I want to touch on the SEC. consolidated audit trail, or CAT.
- So I guess I wanted to ask, you know, the consolidated audit trail.
Keywords:
financial regulations, SEC, Comptroller of the Currency, Federal Transit Administration, nominees, Empowering Main Street in America Act, capital formation, economic growth
Summary:
The committee meeting focused on several nominees within key financial institutions, including discussions surrounding the SEC, the Federal Transit Administration, and the Comptroller of the Currency. Notable dialogue included concerns over regulatory balance, with various members emphasizing a need to streamline regulations to foster innovation while ensuring accountability and safety for investors. The importance of the proposed 'Empowering Main Street in America Act' was highlighted as a means to facilitate access to capital for small businesses, underlining the current administration's approach towards financial regulations.
TX
Transcript Highlights:
- It's called LIHTC. low-income housing tax credits. I have two different kinds.
- So for tax credit properties... Yeah, yeah, so LIHTC. Oh, LIHTC. Yeah.
- I thought they were actually a credit on federal.
- We talked about the tax credit.
- Consultation, auditing population, and construction plan review and assistance with 28 FTEs.
Committee:
House Intergovernmental Affairs
MN
Minnesota 2025-2026 Regular Session
House Higher Education Finance and Policy Committee 3/4/25
Higher Education Finance and Policy
Transcript Highlights:
- We actually credit those funds on a student's account, so they'll actually see where those funds are
- those funds on a actually credit those funds on a students<00:11:47.959><c> uh</c><00:11:48.160><c>
- </c> recent 990 we have their audited recent 990 we have their audited financial<01:05:14.960><c> statements
- We generated $411,500 in credits.
- </c> have your most recent 990 your audited have your most recent 990 your audited financials<01:31:36.000
Committee:
House Higher Education Finance and Policy