Video & Transcript Research : 'rate increase'

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MN

Minnesota 2025-2026 Regular Session

February 2026 State Budget and Economic Forecast Presentation - 2/27/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • typical drivers of revenue increases typical drivers of revenue increases like<00:02:43.040>
  • should expect increased volatility. should expect increased volatility.
  • Minnesota's unemployment rate has continued to increase over the past year, both absolutely and relative
  • to the national rate.
  • Although the unemployment rate has risen, Minnesota's rate remains below the national rate, and the state's
Keywords: 1187, senate, all
TX

Texas 89th Regular

Insurance Apr 23rd, 2025

Insurance

Transcript Highlights:
  • This discounted rate is upwards of 50% of what my cash pay rate may be.
  • We're seeing increased rates and reduced coverage from private insurance. ...insurers will exacerbate
  • increases.
  • A rate.
  • Part of that rate-setting standard is to get current data, to base that rate on current data, the most
NH
Transcript Highlights:
  • Do you have a history of your rate increases over the last, say, five years?
  • Do you have a history of your<00:30:04.240> rate<00:30:04.640> increases<00:30:05.200><
  • c> over<00:30:05.440> the<00:30:05.679> last<00:30:05.840> say your rate increases
  • over the last say your rate increases over the last say five<00:30:06.480> years?
  • committee is actually asking for a rate committee is actually asking for a rate increase<01:16:53.760
Keywords: 928, house, all
Summary: The Joint Committee on Dedicated Funds met to review the House budget provision that would impose a 5% administrative charge on a broad list of dedicated funds, with some exemptions. Members discussed the House approach versus the Senate’s more general approach of leaving the governor discretion over which funds could be charged. The chair explained the committee was hearing from agencies about any legal, contractual, or practical reasons their funds should be exempt, and the agenda was expanded to include several departments and written submissions from others. The Department of Education testified first, identifying several funds it said should be exempt: a printing revolving fund that is funded by transfers rather than fees; teacher certification, which is self-funded by educator licensing fees and would require an immediate fee increase if charged; a vending stand set-aside tied to the federal Randolph-Sheppard program and subject to federal approval and vendor committee procedures; and a public school infrastructure/safety account, where most revenue is transferred from the education trust fund or general fund rather than generated by fees. Members questioned the department about the effect on school safety projects and whether the fee would simply reduce the number of projects completed each year. The Veterans Home asked for exemptions for three funds: a donation benefit account used for recreational activities and quality-of-life expenses for residents, a small memorial trust fund whose interest supports veteran activities, and a resident member account that holds veterans’ personal income such as Social Security and pensions. The department argued the charge would reduce donations, cut services, and effectively function like an income tax on vulnerable veterans. The Banking Department also requested exemption for its consumer credit administration license fund, saying it is used to keep exam fees low and is expressly intended by statute to reduce costs on regulated businesses; it said the 5% charge would undermine that framework and could eventually force higher fees. The Department of Justice began testimony on its dedicated funds, starting with the medical legal investigative fund, which pays for death investigations and related services under statute and without general fund support. No votes or final actions were taken in the portion of the meeting provided; the committee mainly heard testimony and asked questions about the practical and legal effects of applying the administrative charge.
NH

New Hampshire 2026 Regular Session

Senate Finance (05/12/2026)

Finance

Transcript Highlights:
  • in order to stabilize the rates. in order to stabilize the rates.
  • increase.
  • increase.
  • increase.
  • the regular rate. the regular rate.
Keywords: 1191, senate, all
MN

Minnesota 2025-2026 Regular Session

Committee on Transportation - 03/10/25

Transportation

Transcript Highlights:
  • and the adjusted rate?
  • The rate is $45, but the adjusted rate is 67.50? What, over overtime? I didn't mean to answer it.
  • and the adjusted rate?
  • The rate is $45, but the adjusted rate is 67.50? What, over overtime? I didn't mean to answer it.
  • <00:10:43.000> so rate is actually the overhead rate so rate is actually the overhead rate
Keywords: 1187, senate, all
NH

New Hampshire 2025 Regular Session

Senate Energy and Natural Resources (02/11/2025)

Energy and Natural Resources

Transcript Highlights:
  • that there's a deficiency the rate that there's a deficiency the rate payers<00:10:21.240> would
  • <01:17:47.239> cost<01:17:47.480> for<01:17:47.600> rate increased cost for rate
  • increased cost for rate payers<01:17:50.040> in<01:17:50.239> a<01:17:50.520> a
  • capacity rating of 6 to 18.
  • capacity rating of 6 to 18.
Keywords: 1191, senate, all
NH
Transcript Highlights:
  • How do we convince them to increase their reimbursement rates?
  • increase in the Medicaid<03:45:07.880> rates<03:45:08.279> as<03:45:08.520> part
  • The state does have a role in that: you, in fact, increased the reimbursement rates for ground ambulance
  • <04:02:20.159> increases<04:02:21.120> for them to consider rate increases for them
  • to consider rate increases for Medicare<04:02:21.800> this<04:02:21.960> being<04:02:22.120
Keywords: 928, house, all
Summary: The House Commerce Committee opened a public hearing on House Bill 310, sponsored by Representative Keith Ammon, which would create a study commission to develop a legal framework for stable tokens and tokenized real-world assets. Ammon described stable tokens as blockchain-based digital tokens backed by U.S. dollars or treasuries, and tokenized real-world assets as representations of ownership in items such as gold, real estate, or artwork. He said the bill is intended to help New Hampshire get ahead of emerging financial markets while waiting to see how federal legislation develops. Committee members asked about the purpose of the bill, the difference between this proposal and Bitcoin, whether state regulation could be preempted by federal law, and whether the commission could be balanced and avoid becoming a vehicle for fraud or money laundering. Ammon said the proposal is blockchain-agnostic, could apply to multiple networks, and is meant to regulate asset-backed tokens rather than create a state-issued coin. He emphasized that the state would not be guaranteeing the underlying assets, but would set rules requiring audits, proof of reserves, and honest representation of backing, with the Secretary of State’s securities office involved in oversight. Several members raised concerns about the risks of stablecoins, including money laundering, tax evasion, and possible harm to the dollar or confusion about whether the state was endorsing a new currency. Ammon responded that the bill would not undermine the dollar and argued that tokenization could actually expand demand for U.S. currency by making it easier to use globally. He also said the state would not be in the business of weighing assets or directly valuing them, only ensuring a valid audit trail and one-to-one backing. The discussion ended with general agreement that the subject is complex and that a commission could help develop future legislation, but no vote or final action was taken in the hearing.
TX

Texas 89th 2nd C.S.

Business and Commerce May 15th, 2025

Business & Commerce

Transcript Highlights:
  • isn't counted when they come in for an interim rate increase.
  • Then the filing is made, and we have a 120-day process until the commission has to approve the rate increase
  • Each one of these proceedings is almost always a rate increase for customers.
  • So these six proceedings, the purpose of them is to allow the utility to increase their rates faster.
  • So having them wait longer and having fewer proceedings means fewer rate changes and fewer increases,
Summary: The committee first handled pending business, including reconsidering a failed vote on SB 715 and then reporting several measures favorably. SB 1978 was reported from committee on a committee substitute, and a series of House bills — including HB 431, HB 1522, HB 1922, HB 3228, HB 3229, HB 3803, HB 3804, HB 3805, HB 3806, HB 4219, HB 4238, HB 434, HB 1584, and HB 4739 — were moved out of committee, most to the local and uncontested calendar. The votes on these items were overwhelmingly or unanimously in favor, with committee substitutes adopted where applicable. The committee then heard HB 2963, a right-to-repair bill for consumer electronics. The author said the bill would require manufacturers to provide parts, tools, and documentation on fair and reasonable terms while preserving trade secrets and excluding certain categories such as medical devices, motor vehicles covered by an MOU, critical infrastructure, and commercial-only transactions. Supporters from the Texas Public Policy Foundation and Environment Texas argued it would strengthen property rights, help small businesses, and reduce e-waste. Opponents, including representatives of SafeLight Auto Glass and LKQ, said they supported right-to-repair in principle but objected to the bill’s automotive MOU exemption and broader scope, warning it could create uncertainty and leave some manufacturers and repair shops outside the framework. The bill was left pending after testimony. Members also heard HB 2467 on salary parity for State Fire Marshal investigators, HB 252 on allowing some state agencies to pay certain employees twice monthly, HB 2468 on public improvement district notice and a buyer’s right to terminate, HB 4386 on annuity contract exchanges and surrender timelines, HB 4751 creating a Texas Quantum Initiative and related fund, and HJR 175 proposing a constitutional amendment protecting Texans’ ability to use mutually agreed-upon mediums of exchange, including cash, bullion, and digital currency. Testimony on HB 4751 was largely supportive but included questions about whether the state needs a new coordinating structure and funding mechanism for quantum research and commercialization. HJR 175 drew discussion about barter, taxes, and concerns over central bank digital currency. Each of these items was left pending after hearing testimony. The committee also heard HB 2221, which would update insurance anti-rebating laws to allow more wellness and value-added services in life and health insurance, with supporters saying it would encourage healthier behavior without requiring data monitoring. Finally, the committee took up a package of utility and wildfire-related bills from Chairman King’s portfolio: HB 106, requiring oil and gas operators to maintain certain overhead electrical lines; HB 144, requiring utilities to submit pole inspection and management plans to the PUC; and HB 145, requiring wildfire mitigation plans and allowing utilities to self-insure under certain conditions. Utility, co-op, and insurance representatives generally supported the safety and resiliency goals of HB 144, while asking for clarifications and less frequent reporting; HB 145 was introduced as a broader wildfire-risk and liability measure. These bills were also left pending after testimony.
ND

North Dakota 2025-2026 Regular Session

Water Topics Overview Committee Mar 26th, 2026

Transcript Highlights:
  • You know, I thought about adding a slide here with all the headlines about utility rate increases.
  • their rates to cover it?
  • our rate.
  • our rate.
  • Okay, the current rate that you have now, will that be increased with a new to tie in to take care of
Summary: The Water Topics Overview Committee met with a quorum and received updates from the Department of Water Resources and the State Water Commission, followed by presentations from Deloitte on two legislative studies required by House Bill 1020. Director Reese Haas reviewed major project and budget updates, including the Northwest Area Water Supply and Southwest Pipeline projects, Resources Trust Fund balances, carryover spending, project prioritization, bid conditions, regional water system coverage, and department process improvements. Members also discussed how the commission prioritizes projects, maintenance expectations, and the impact of limited municipal water supply funding. No formal committee action was taken during the DWR update; the commission’s municipal funding decisions were described as pending its April 8 meeting. Deloitte then presented the cost-share policy study, which found that under current policy and forecasted revenues, North Dakota faces an estimated $1.3 billion shortfall over 14 years, with a near-term gap of about $1.8 billion through 2031. The firm outlined seven recommended options, including tighter definitions and a 25% cost share for eligible replacement projects, caps and financing strategies for the Mouse River and Red River Valley projects, aligning cost share with commission priority guidance, delaying lower-priority projects, using available lines of credit, and adjusting reimbursement timing for revolving loan funds. Committee members questioned inflation assumptions, affordability, user fees, and the use of legacy fund earnings for bonding, but no decisions were made. In the governance and finance study, Deloitte said final recommendations are still being refined, with a final report due May 29. The study examined the Southwest Pipeline, NAWS, and Red River Valley systems using governance and finance criteria such as decision authority, transparency, affordability, risk, and access to funding. For Southwest, Deloitte outlined options ranging from improved state-authority coordination to transferring ownership to the Southwest Water Authority; for NAWS, options focused on strengthening the authority’s role and potentially transitioning operations and maintenance; and for Red River, options ranged from enhanced facilitation to formal state oversight or state ownership. Members asked follow-up questions about ownership transfer, capital repayment streams, and why NAWS was not considered for transfer, and Deloitte said NAWS’s limited organizational maturity made that option less viable in the near term.
MO

Missouri 2026 Regular Session

Ways and Means Jan 12th, 2026

Ways and Means

Transcript Highlights:
  • So if we do this for the assessors, you would also advocate for a 20-year rate when they're doing rate
  • If it increases the value...
  • They pay those rates in their rates that are made. I'm happy to answer any questions.
  • Do you know what depreciation schedule your client uses when they're setting rates for rate cases?
  • So, you know, they're talking about increasing rates.
Keywords: 959, house, all
TX

Texas 89th Regular

Public Education Feb 25th, 2025

Public Education

Transcript Highlights:
  • rating on any district for the last two years.
  • We look at dual credit, which has seen a steady increase.
  • But we do know that the existence. of a public rating system that as a tiered performance rating system
  • So that's not just an average wage increase, it was an average wage increase.
  • , about 10% lower tax rates in some districts than others, you could potentially the increase that flexible
Keywords: 1184, house, all
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Housing Jun 21st, 2026 at 01:00 pm

Joint Committee on Housing

Transcript Highlights:
  • The HDIP program just put $18 million into market-rate housing.
  • The HDIP program just put $18 million into market-rate housing.
  • The HDIP program just put $18 million into market-rate housing.
  • Here are some facts about SHARP: We have a 2% recidivism rate, making our recidivism rate 92% lower than
  • We have a 2% recidivism rate, making our recidivism rate 92% lower than the Commonwealth's at large.
Keywords: 995, all
Summary: The Joint Committee on Housing held a hybrid hearing on a broad slate of housing and homelessness bills. Chairs Rich Haggerty and Julian Cyr opened by noting the committee’s focus on EOHLC programs such as RAFT, MRVP, and HomeBASE, and several members and advocates emphasized the urgency of the state’s homelessness crisis, including rising family homelessness and the need for earlier intervention, more stable subsidies, and stronger long-term housing tools. A major theme was homelessness prevention and rehousing. Multiple witnesses supported bills to codify and strengthen RAFT and HomeBASE, arguing that assistance should be available earlier in a crisis rather than only after a notice to quit or imminent loss of housing. Testimony from legal services, homelessness coalitions, social workers, municipal housing staff, and tenant advocates said the programs help families avoid eviction and shelter, but need more flexibility, higher benefit caps, and permanent statutory protection. Several speakers also urged support for codifying the Massachusetts Rental Voucher Program (MRVP), describing it as a critical long-term subsidy for low-income households and older adults, and warning that codification would protect the program from future budget or policy changes. The committee also heard testimony on housing stability for older adults, affordable homes for people with disabilities, supportive housing, housing cooperatives, home sharing, local preference, and reentry housing for returning citizens. Advocates for older adults described a Somerville bridge subsidy pilot that helped stabilize seniors while they waited for permanent housing, and urged statewide expansion. Supporters of supportive housing called for an interagency board to streamline funding and development, while cooperative housing proponents backed creation of a Massachusetts Center for Housing Cooperatives and a dedicated funding reserve. A bill to secure housing for returning citizens drew support from reentry providers and Senator Adam Gomez, who said stable housing is essential to successful reintegration. No votes were taken during the hearing; witnesses generally asked the committee to report the bills favorably, and some members asked follow-up questions on data and program details.
NM

New Mexico 2026 Regular Session

Senate - Finance Jan 29th, 2026 at 02:15 pm

Senate Finance

Transcript Highlights:
  • It increases the rate at which we can iterate, increases our ability to be successful.
  • To our backyard here in New Mexico, it increases the rate at which we can iterate, increases our ability
  • To our backyard here in New Mexico, it increases the rate at which we can iterate, increases our ability
  • So changes in retention rates, if we're making progress on increasing retention, we're not going to see
  • Increasing retention, we're not going to see that necessarily coming out in the graduation rates for
Keywords: 996, all
HI

Hawaii 2025 Regular Session

PSM-JDC, JDC Public Hearings 03-13-2025

Public Safety and Military Affairs

Transcript Highlights:
  • the rate of on to HP 396 this increases the rate of compensation<00:56:57.680> and<00:56:57.839
  • The rate has not increased in over 20 years.
  • <01:24:17.960> uh<01:24:18.080> to increase the rate of compensation uh to increase
  • the rate of is HB 396 is increases the rate of compensation<01:44:33.159> in<01:44:33.360>
  • 398 increases the rate of compensation 398 increases the rate of compensation and<01:45:17.719><
Keywords: 912, senate, all
Summary: The joint committees heard testimony on several fireworks-related bills. On HB 550, which would allow law enforcement to use drone recordings to establish probable cause for fireworks arrests in public areas and appropriate funds for drones, the Department of Law Enforcement and Honolulu Police Department supported the measure. The Public Defender and some public testifiers opposed it, arguing that a statute cannot mandate probable cause and that the bill raises constitutional concerns. A prosecutor later explained that the bill is intended to address Hawaiʻi case law, especially State v. Kit, which limits aerial surveillance over homes under the state constitution, and suggested that changing “shall” to “may” could reduce constitutional problems. Members also questioned whether current law already allows video evidence of fireworks violations and whether the bill was necessary. Testimony included both support and opposition from individuals and organizations, and no vote was taken during the hearing. The committees then heard HB 806, which would appropriate funds for the Department of Law Enforcement to conduct sting operations on Oʻahu to enforce fireworks laws. The department and police supported the bill, while the Libertarian Party of Hawaiʻi opposed it, arguing that fireworks are already illegal and that the measure adds unnecessary enforcement powers and constitutional risk. Committee members asked what “sting operation” means and whether the term should be defined more clearly; the department said it refers to police or criminal investigations involving deception and agreed a definition would help guide use of the funds. The department also said the funding would support training, storage, and other operational costs for undercover investigations. Finally, the committees heard HB 1483, a broader fireworks enforcement bill that would create an adjudication system for fireworks infractions, revise definitions and penalties, establish new offenses, and increase penalties when fireworks offenses cause injury or death. The Attorney General’s office strongly supported the bill, saying it would improve enforcement by clarifying definitions and allowing cases to be proven without particle testing or expert witnesses when fireworks leave no physical evidence. The Department of Law Enforcement also supported it. The Public Defender opposed the bill, focusing on the bill’s penalty enhancements for offenses that are rarely enforced and its concurrent trial provision, which it said raises problems because of the differences between civil and criminal proceedings. No final committee action or vote was reported in the transcript.
NH

New Hampshire 2025 Regular Session

House Education Funding (02/04/2025)

Transcript Highlights:
  • <01:18:35.639> welcome rate welcome rate welcome representative<01:18:38.000> thank<01:
  • Statewide rate of 1.12 Statewide rate of 1.12 and<01:32:55.679> of<01:32:55.840> course
  • into a fixed rate into a fixed rate 2.5<01:33:09.159> uh<01:33:09.360> it's<01:33:
  • Thank you very much. increase of approximately 470 million I increase of approximately 470 million I
  • Representative Damon asked whether the proposal to increase the SWEPT rate does not, in any way, lower
Keywords: 928, house, all
Summary: The Education Funding Committee met in executive session and first took up HB 193, which limits the maximum credits per course eligible for the Dual and Concurrent Enrollment Program. Representative Ladd said the bill clarifies that eligible courses may not exceed four credits and was requested by the community college system. Representative Earth offered an amendment to make the bill effective on passage, which the committee adopted 18-0. The committee then approved HB 193 as amended by an 18-0 OTPA vote and placed it on the consent calendar. The committee next retained HB 295, concerning School Building Aid program funds, after Representative Spillsbury said the building aid bills were complex and needed more work. The motion to retain passed 18-0, with the chair explaining that retained bills can be revisited later and that related language could be moved among building aid bills. HB 354 was not acted on because the chair said the Department of Education and others had suggested possible changes that should be worked out first. HB 366, another school building aid bill, was also retained 18-0 for the same reasons as HB 295. The committee then considered HB 494, which funds the math learning communities program. Representative Earth offered an amendment to flat-fund the program, reducing the proposed increase by a net $50,000 and keeping funding at current levels for the biennium. After discussion about budget pressures and the program’s role in supporting math instruction and professional development, the amendment passed 18-0, and the bill as amended was approved 18-0 and placed on consent. Finally, the committee took up HB 515, which would repeal charter public school eligibility for state school building aid. Representative Popovici-Muller moved inexpedient to legislate, arguing charter schools should not be treated differently from other public schools, while Representatives Luno and Damon opposed the motion, saying charter schools differ in governance and financial risk and should not receive limited state building aid. The motion failed 10-8, so HB 515 was sent to the regular calendar. The committee assigned Representative Damon to the minority report and Representative Popovici-Muller to the majority report, with a noon deadline the next day. The committee then began HB 716, an appropriation for the dual and concurrent enrollment program. Representative Ladd described the program as a successful affordability measure that saves families money and supports college access. Representative Earth offered an amendment to flat-fund the program at current levels, reducing the proposed increase by $500,000 in each year of the biennium. Shannon Reed of the Community College System said the change could limit enrollment or the number of funded courses, though students could still take additional courses at their own expense. Representative Ladd explained the program’s tuition structure and said the funding would help meet demand; the transcript cuts off before the final vote on HB 716.
AR
Transcript Highlights:
  • Have we increased that number of slots? Has there been an increase from the legislature?
  • Have we increased that number of slots? Has there been an increase from the legislature?
  • I didn't hear you mentioned about the daily rate, but I hope we're looking at the daily rate for ABC
  • The General Assembly then increased the foundation funding rate, created a separate division at the Department
  • Like, if there's been an increase in the retirement contribution rate for teachers, you know, it necessitated
Summary: The meeting began with approval of the previous minutes and then focused on an update from the Department of Education on early childhood programs, especially the state-funded Arkansas Better Chance (ABC) program. Secretary Jacob Oliva and Deputy Commissioner Stacey Smith said Arkansas had received a federal Preschool Development Grant and described ongoing work to review ABC slots, which have been flat for years at about 23,800 slots and roughly $114 million. They said about 1,000 slots statewide are currently unfilled despite a waiting list of more than 2,000 families, and the department is shifting toward paying based on enrollment rather than guaranteed slots. Members asked about school choice, income eligibility, year-round access, curriculum flexibility, transportation, and whether funding should be increased or rebalanced; the department said it is collecting data, may survey providers more formally, and is considering whether to modernize income thresholds, daily rates, and other program rules. The committee agreed to form an early childhood subcommittee and asked the Bureau of Legislative Research to help gather historical information on income limits and other program details. The second major portion of the meeting was a legal presentation on the framework for Arkansas school adequacy by BLR education attorney Taylor Lloyd. She reviewed the constitutional basis for a “general, suitable, and efficient” public school system, the Dupree and Lake View cases, and the principle that adequacy and equity are different but related: adequacy asks what resources are needed, while equity asks whether those resources are distributed fairly. She explained that the General Assembly must define adequacy, study it, and react to evidence over time, and that the current adequacy definition includes curriculum and career/technical frameworks, the 38 mandatory Carnegie units, state testing standards, and sufficient funding. She also described the matrix as a funding tool, not a spending mandate, and noted that categorical funds are separate from the matrix. BLR’s Elizabeth Bynum then gave the historical framework, tracing legislative responses from Dupree through Lake View and into the present. She highlighted major changes such as the creation of equalization funding, fiscal distress and academic distress laws, the adequacy study process, the Educational Adequacy Fund, facilities and transportation changes, declining enrollment and student growth funding, and later adjustments to teacher salaries, isolated funding, and categorical programs. She explained that the adequacy study has evolved through committee hearings, surveys, site visits, and outside consultants, and that recent changes include updates to accountability references and the addition or removal of certain funding categories. Members asked follow-up questions about how the matrix is used, whether homeschool or private-school funding raises comparable issues, whether stakeholders include private and homeschool participants, whether school board members should be surveyed, and whether the state should revisit average daily membership versus attendance-based funding. No votes were taken on the adequacy presentations, but the committee did agree to continue the early childhood discussion in a future subcommittee meeting.
TX

Texas 89th 2nd C.S.

Health Care Affordability, Select Apr 30th, 2026

Health Care Affordability, Select

Transcript Highlights:
  • What does that mean to people if it doesn't stop increasing? What are the drivers of the increases?
  • We look at the suicide rates.
  • I have to pay this increased cost for technology, increased cost for drugs.
  • And increased reimbursement, increased administrative costs that come.
  • It's just hospitals that have increased at a rate of three times inflation.
Keywords: 1184, house, all
NH

New Hampshire 2025 Regular Session

House Ways and Means (02/12/2025)

Transcript Highlights:
  • rough tax rate federal income tax rate rough tax rate federal income tax rate that<00:39:46.319>
  • <01:46:46.920> interest<01:46:47.280> rate doing interest rate interest rate doing
  • So when you stack the two, that's the total tax rate in that community, the equalized tax rate. rates
  • That would increase base adequacy.
  • So if they increased their property tax rates, that was paired with increased funding from the state
Keywords: 928, house, all
Summary: The committee held a public hearing on HB 402, a bill to repeal a provision in RSA 194-F:2 stating that Education Freedom Account (EFA) funds “shall not constitute taxable income” to the parent or student. The bill sponsor argued the current language is misleading because the state cannot determine federal tax liability, and said the bill would simply remove inaccurate tax advice from state law. He cited IRS guidance and prior federal legislation, including a Ted Cruz proposal, to suggest some EFA uses may be taxable under federal law, while others may not, and said the bill could be amended if needed to avoid confusion. Testimony was sharply divided. Py Campbell opposed the bill, arguing it would unfairly single out EFA students and could amount to a tax on education funds, including for self-employed families, and recommended it be voted inexpedient to legislate. Stephen Matthew French, a tax preparer, also opposed the bill, saying IRS Publication 970 already makes clear that scholarship-type payments used for tuition and related expenses are not taxable, and that the bill addresses a problem that does not exist. He warned that adding tax reporting requirements could create administrative costs for families and the program administrator. Bill Ardinger, a tax attorney, supported the repeal of the statutory language, saying the state should not place potentially incorrect tax advice into law. He explained that under federal tax law, only certain scholarship-like uses are exempt, while many EFA-eligible expenses may not be, especially for families using the program for homeschooling or other nontraditional expenses. He said the current statute could mislead families into thinking all EFA payments are tax-free and could expose the state to future legal problems. The hearing ended after questions from committee members; no vote or final action was taken in the transcript.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Revenue Jun 21st, 2026 at 01:00 pm

Joint Committee on Revenue

Transcript Highlights:
  • Commonwealth's cigarette tax rate more closely with the rate charged in two larger states right next
  • That was the last tobacco tax increase.
  • This tax was last increased in 2013.
  • A 210% tax increase proposed in this bill creates financial A 210% tax increase proposed in this bill
  • Revenue would increase, but only by about 2%, or $6.7 million.
Keywords: 995, all
Summary: The Joint Committee on Revenue held a long hybrid hearing on a wide range of tax bills, with testimony covering cigarette and tobacco taxes, nicotine pouches, contractor rental equipment exemptions, aircraft sales tax exemptions, rolling stock, advanced sales tax payments, a gun and ammunition excise tax, a digital services tax, and a psilocybin cultivation/tax proposal. Committee chairs outlined the hearing process and noted that 39 House-filed sales and excise tax bills were being heard for required reporting by November 28. No votes were taken during the hearing. On tobacco-related bills, supporters including Senator Keenan, the American Heart Association, the American Cancer Society, and Tobacco Free Mass backed higher cigarette taxes and closing the synthetic nicotine loophole, arguing the measures would reduce youth initiation, encourage cessation, and offset health care costs. Retailers, wholesalers, and convenience-store groups opposed the increases, warning of smuggling, out-of-state purchasing, and harm to small businesses; premium cigar representatives argued cigars should be treated separately from cigarettes. The committee also heard testimony on H. 3067 and related bills concerning nicotine pouches, with public health advocates supporting taxation and industry witnesses urging a lower, more competitive rate. Several other bills drew sharply divided testimony. United Rentals supported H. 3065 to simplify contractor rental equipment exemption paperwork, while airport and aviation groups opposed bills to repeal the aircraft sales tax exemption, saying it would hurt airport competitiveness and jobs. The Transportation Association of Massachusetts backed rolling stock tax exemptions, saying the current tax discourages fleet investment and interstate commerce. Restaurant industry representatives supported repealing advanced sales tax payments and changing penalty rules, saying businesses were hit with retroactive penalties after unclear pandemic-era changes. On H. 3082, an excise tax on guns and ammunition, gun violence prevention advocates, Roca, and Giffords supported the bill as a dedicated funding source for prevention and survivor services, while sportsmen’s groups opposed it as unfair to lawful gun owners and harmful to conservation funding. The committee also heard testimony on H. 3208, a digital advertising services tax, with Representative Paulino supporting it as a way to capture revenue from online advertising and fund public needs, while the Chamber of Progress opposed it as costly and burdensome for small businesses and campaigns. Finally, multiple witnesses testified on H. 4050 regarding psilocybin cultivation and taxation: advocates from Mass Healing, Roca, the Reason Foundation, and individuals describing personal medical benefits urged a regulated, permit-based system, while the hearing ended after all signed-up speakers were heard and the chair adjourned the meeting.
NM

New Mexico 2025 Regular Session

IC - Legislative Finance Aug 21st, 2025

Transcript Highlights:
  • There are high rates of CEP participation due to high rates of students participating in these programs
  • Meals, which many already had high rates of participation, but still experienced modest increases in
  • participation, indicating that universal access for all students is increasing rates of meal participation
  • Because there was an increase in USDA reimbursements on July 1st, we are looking at a 4% increase in
  • With the revenue increases.