Video & Transcript Research : 'interest calculation'

Page 79 of 500
CA
Transcript Highlights:
  • towards alternatives to long-term incarceration when it is safe for the community and in the best interest
  • of the youth, which When it is safe for the community and in the best interest of the youth, which was
  • For the proposed performance component, we recommend that the baseline calculation use 2022 and 2023
  • So for the proposed performance component, we recommend that the baseline and there's a calculation that
  • We'd be interested to see how any of those definitions change for future funding.
Summary: The committee heard a broad public safety budget hearing focused on youth justice funding, probation incentive grants, and disaster response and recovery. On the youth justice item, the Office of Youth and Community Restoration described a proposed change to the JJRBG funding formula that would shift resources away from a DJJ-based measure and toward county youth population, serious offenses, and step-down placements in less restrictive programs. Members asked about data on Native American youth; OYCR said statewide data are limited, but its SYTF data show about 1% of youth in secure youth treatment facilities were Native in 2024. The Department of Finance had no objections, and the item was discussed as a way to support alternatives to long-term incarceration. The committee then reviewed the community corrections performance incentive program for county probation departments. The Department of Finance proposed stabilizing the program with a maintenance payment, updating the performance baseline, and adding a growth factor; the LAO agreed the formula needed changes but recommended using 2022-23 data instead of 2021-23, using marginal rather than average cost assumptions, rejecting the growth payment and minimum guarantee, and adding stronger oversight through the BSCC. Finance said it was open to some technical changes but opposed a new BSCC audit framework, noting Judicial Council already surveys probation departments and that evidence-based practice use has increased over time. Members and staff indicated the proposal still needed further work. A major portion of the hearing focused on the January 2025 Southern California wildfires and state disaster response. A resident of Altadena gave emotional testimony about evacuation failures, loss of home, and the need for accountability. LAO and Cal OES outlined the disaster response and recovery system, including mutual aid, alert and warning, debris removal, FEMA and state funding streams, and the long timeline for reimbursement. Cal OES said it had pre-positioned resources, temporarily took over the county’s wireless emergency alert function for about three weeks, coordinated debris removal and recovery operations, and had already allocated more than $286 million in state funds. Officials also discussed the 100% federal cost share for emergency work for 180 days and the uncertainty created by changing federal processes and the cancellation of the BRIC resilience program. The committee also heard two smaller Cal OES items: a request to reappropriate about $22 million for the law enforcement mutual aid reimbursement program, which the LAO said should be placed in statute with clearer goals and reporting, and an update on Victims of Crime Act funding, where Cal OES said federal VOCA allocations have fallen sharply and that roughly $224 million would be needed to maintain current service levels if federal funding does not improve. Public comment included a request for funding to expand datacasting and emergency alert receivers for wildfire and earthquake warning.
AR

Arkansas 2026 Regular Session

LEGISLATIVE JOINT AUDITING Jun 5th, 2026

LEGISLATIVE JOINT AUDITING

Transcript Highlights:
  • second finding was for the Division of Workforce Services, or DWS, which changed its methodology for calculating
  • DWS changed the methodology for its calculations for both the total receivable due back from the overpayments
  • We recommend the state work to improve its controls over documentation and related calculations required
  • And based on our calculations, that did not seem like it was a good estimate.
  • revenue, including sales tax, site collections and use fees, recycling fees, dumpster rental, and interest
Summary: The Legislative Joint Auditing Committee met on June 5 and first adopted prior minutes and several committee reports. The executive committee report noted adoption of its minutes, staff updates on scheduled audits, approval of an annual financial audit for the City of Horseshoe Bend, and an update on the intern program. The Counties and Municipalities report covered delinquent private water and sewer audits, compliance follow-up with towns including Denning, Gum Springs, Omer, Fargo, Jericho, and Haynes, and review of current and deferred reports; the committee filed most current reports but deferred several and referred some matters to prosecutors and the Attorney General. The Educational Institutions report said 103 education audits were reviewed, most with no findings, while several school districts had findings and one Booneville School District finding was referred to law enforcement. The State Agencies report included findings at the Department of Finance and Administration and a deferred Department of Health report, and the committee filed 13 reports. The committee then received lengthy presentations on the State of Arkansas annual comprehensive financial report and the state single audit for fiscal year ended June 30, 2025. Legislative Audit issued unmodified opinions on the state financial statements, but identified two material weaknesses: insufficient internal controls at the Office of State Technology to monitor threats and unauthorized access, and improper methodology changes and documentation issues at the Division of Workforce Services affecting year-end estimates for unemployment-related accounts. The single audit covered $12.4 billion in federal awards across 469 programs, with 16 major programs reviewed. Auditors reported 33 findings overall, including 31 federal findings, $12.9 million in outstanding questioned costs, and qualified opinions for the Summer Electronic Benefit Transfer program, the Coronavirus Capital Projects Fund, and the Child Care Development Fund cluster. Committee members questioned DHS, the broadband office, OST, DFA, Education, and Workforce Services about the findings, corrective actions, cyber protections, federal drawdowns, child care reporting, and accounting methodology changes. Several agencies described corrective steps. DHS said it had changed how it draws Summer EBT funds, addressed provider revalidation and incarceration-related Medicaid issues, and updated internal processes and staffing. The broadband office said the questioned costs reflected invoice documentation disputes rather than missing payments and expected Treasury review to resolve the issue. OST said it was expanding logging, endpoint detection, and enterprise monitoring, and described broader cybersecurity investments, training, and a roadmap. DFA and Workforce Services addressed the workers’ compensation and unemployment accounting issues, with Workforce Services saying it had updated its policy and submitted the methodology to DFA. After discussion, the committee voted to hold the two statewide audit reports over until the August meeting, with members asked to submit specific questions in advance so only needed agencies would return. The final item was a special report on the Hot Spring County Solid Waste Authority for January 1, 2023 through June 30, 2025. The audit reviewed compliance with laws, board procedures, bidding, payroll, permits, inspections, and cash handling. It noted prior private audit findings on segregation of duties, that recent private audit reports had not been obtained for 2023 through 2025, and that the current administrator said prior office staff and bookkeeping contractors resigned when he was hired. The authority’s operations and revenue sources were described, and the report was presented for committee review.
OK

Oklahoma 2026 Regular Session

Judiciary and Public Safety Oversight Mar 5th, 2026 at 10:30 am

Judiciary and Public Safety Oversight

Transcript Highlights:
  • It has to do with the process that We use to calculate the savings from State Question 780 and 781.
  • If you recall, the companion State Question 781 mandates that we calculate the savings from the diversion
  • And if they don't come to an agreement or if a landlord says I have no interest in this, they can walk
FL

Florida 2026 4th Special Session

February 12, 2026 - 12:30 PM

Transcript Highlights:
  • They use this data to generate reports and calculate six different metrics.
  • They use this data to generate and they calculate through six different metrics.
  • And it's interesting because when I had the idea for this bill, I was actually thinking of the smaller
Summary: The State Administration Budget Subcommittee met with a quorum and considered three bills. HB 1221, the Department of Financial Services agency package, was presented as a streamlining and modernization bill covering the My Safe Florida Home Program, unclaimed property, and the state’s new PALM accounting system. Two amendments were adopted: one restoring the current $15 million cap DFS may retain in the unclaimed property trust fund and another making conforming changes to replace references to FLAIR with PALM. The bill was supported by public witnesses and was reported favorably after a unanimous roll call vote. The committee then heard HB 1291, dealing with the Florida Birth-Related Neurological Injury Compensation Association (NICA). The sponsor explained that the bill was intended to address concerns that NICA could fall below actuarially sound funding in the 2027-2028 fiscal year and that current law lacks clear triggers for funding remedies. An amendment was adopted that removed the bill’s fiscal impact and preserved a $20 million reserve. NICA representatives spoke in support, and the amended bill was reported favorably by unanimous vote. Finally, the committee took up CSHB 1329, which would modernize local government budget transparency by requiring budgets to be posted 14 days before hearings, retained online for five years, and made searchable and accessible, while also requiring a 10% budget-cutting exercise before adoption. Local government groups and the CFO’s office discussed costs and suggested that the EDR portal may be a better centralized way to present the data, especially for smaller jurisdictions. Members generally supported the transparency goal but raised concerns about implementation costs; the sponsor said the bill was still being refined. The bill was reported favorably on a mostly party-line vote, with one member voting no for now. The meeting then adjourned after the chair noted submission of the FY 2026-27 budget recommendation.
NH

New Hampshire 2025 Regular Session

Senate Finance (01/14/2025)

Finance

Transcript Highlights:
  • We've been lucky with additional other fund revenue from interest on all the ARPA funds that we've had
  • We've been lucky with additional other fund revenue from interest on all the ARPA funds that we've had
  • We've been lucky with additional other fund revenue from interest on all the ARPA funds that we've had
  • We've been lucky with additional other fund revenue from interest on all the ARPA funds that we've had
  • LBA, I would be interested in the calculation that the mayor alluded to, how much of what contributions
Keywords: 1191, senate, all
NH

New Hampshire 2026 Regular Session

House Session (01/08/2026)

New Hampshire House Floor Meeting

Transcript Highlights:
  • calculated amount. calculated amount.
  • Physical exam calculate gestational age.
  • And I don't think interest groups.
  • <05:08:11.440> Speaker, interests or desires. And Mr. Speaker, interests or desires.
  • opportunity for conflicts of interest opportunity for conflicts of interest and<05:45:12.958>
Keywords: 1189, house, all
NH

New Hampshire 2025 Regular Session

House Finance Division II (03/21/2025)

Transcript Highlights:
  • So yes, they have calculated and understand the difference.
  • And I said maybe we consider this as maybe we have some experts here that are interested in this that
  • But if the committee was interested in looking into just seeing what the cost would... 50/50 split.
  • ><01:51:48.400> permanent interested in tying a permanent interested in tying a permanent connection
  • interest which which they can now. interest which which they can now.
Keywords: 928, house, all
Summary: The committee first revisited HB 781, the cell phone bill, after previously retaining it. On reconsideration, members moved to OTP the bill, and it passed unanimously. The committee then moved into the budget tracking packet and adopted an amendment to HB 2 to add the same cell phone policy language, also unanimously, and separately reduced HB 1 by $1 million to match the policy change. Members noted the cell phone language had already been stripped of grant funding language in the House version and that the policy and funding pieces were being aligned across the budget bills. The committee then took up a Department of Education technical amendment to HB 2 on charter school grants, which made timing and administrative changes without altering grant amounts, and adopted it unanimously. Members also discussed but held other education-related items, including adequacy grants, pending broader decisions on overall education funding. Another HB 2 item concerning E-911/state police radio communications prompted a longer discussion about whether E-911 surcharge funds were being used for purposes that should instead be general-funded. After debate over whether to leave the current practice in place or split the funding 50/50 between E-911 and general funds, the committee adopted a joint HB 1/HB 2 change to shift the funding source to a 50/50 split and delete the HB 2 language authorizing the prior use; the motion passed 7-0. The committee also discussed but did not act on several lottery-related provisions, including the video lottery terminal amendment, the increase in maximum ticket price from $30 to $50, and related tax split changes, with members planning to hear from the Lottery Commission on Monday. The meeting ended with the committee beginning review of new amendments in the tracking packet, including a Department of Education request related to Public School Infrastructure Commission grant administration, but no action was taken on that item in the portion provided.
HI
Transcript Highlights:
  • we recognize or we work with, but we're open to expanding if there's other labor unions that are interested
  • c><00:23:04.880> that<00:23:05.039> are<00:23:05.360> are<00:23:06.080> interested
  • <00:23:06.400> in labor unions that are are interested in labor unions that are are interested
  • My recommendation is that instead of using, instead of calculating the tax credit as a percentage of
  • the tax credit as a calculating the tax credit as a percentage<01:09:40.799> of<01:09:41.040>
MN

Minnesota 2025 1st Special Session

Committee on Capital Investment - 02/25/25

Capital Investment

Transcript Highlights:
  • able to access the mfa's uh low interest able to access the mfa's uh low interest rate<00:31:50.799
  • Public Finance. really interested in infrastructure and really interested in infrastructure and obviously
  • to um the Federal government's interests to um the Federal government's interests in<01:07:56.760
  • something really pequs your interest something really pequs your interest feel<01:13:09.040>
  • So what impact does... interest thank you so much Mr uh buwick interest thank you so much Mr uh buwick
Keywords: 1187, senate, all
NH

New Hampshire 2025 Regular Session

House Ways and Means (01/28/2025)

Transcript Highlights:
  • pretty interesting um I particularly<01:02:20.880> found<01:02:21.880> uh<01:02:22.000
  • if we can't compare what you calculation if we can't compare what you what<01:35:47.440> your
  • No, I don't know how you could make that calculation or how you would impute that outcome.
  • This testimony represents my views and, most importantly, the views and interests of my constituents
  • It doesn't calculate here to me. Thank you for the question.
Keywords: 928, house, all
Summary: The committee held a public hearing on HB 135, introduced by Representative Michael Harrington. He said the bill would codify a portion of the New Hampshire Constitution to bar New Hampshire businesses from being required to collect sales or use taxes for other states unless Congress mandates it, arguing that the U.S. Supreme Court’s Wayfair decision created an onerous compliance burden for businesses. He described the patchwork of state and local sales tax rules, thresholds, and product exemptions as extremely complex and said the bill was intended to push the issue back toward Congress and the courts. Members questioned whether the bill’s reference to a “foreign government” would apply to other U.S. states, whether the proposal would conflict with the Supremacy Clause, and whether it would create standing for businesses to challenge Wayfair. Harrington responded that “foreign government” meant any government other than New Hampshire, that he believed the state could challenge the decision in court by passing a law contrary to Wayfair, and that businesses were already being harmed by compliance costs. Some members raised concerns about whether the bill was an unfunded mandate or simply a private compliance burden, and Harrington argued that the state itself would not be collecting the taxes, but businesses would still face recordkeeping and administrative costs. Sam Garland of the Department of Justice then testified. He said the department was not taking a formal position on the bill, but offered technical comments. Garland acknowledged that Wayfair created significant compliance burdens and noted that states have become somewhat more uniform, with all states now having a $100,000 economic nexus threshold, though not all use the 200-transaction threshold and local tax variation remains substantial. He said the department’s concerns were legal, describing the issue as uncharted constitutional territory involving both vertical and horizontal federalism. No vote or final action was taken during the hearing.
WA
Transcript Highlights:
  • We were able to see that the system did calculate properly for that year.
  • This is a very complex calculation with so many programs and variables.
  • We did not attempt to calculate the entire thing.
  • For different variables that would affect the calculation.
  • But the real work that the auditors did was really focused on that calculation hub, the calculation engine
Summary: The Joint Legislative Audit and Review Committee subcommittee heard a State Auditor’s Office performance audit on the accuracy and reliability of OSPI’s school apportionment system. Auditors said the system, which calculates and distributes K-12 funding using multiple feeder systems and a core apportionment engine, is outdated, unstable, inefficient, and at high risk of failure. They reported weak controls over data input, documentation, oversight, and staffing, and said OSPI relies heavily on manual workarounds, a few knowledgeable staff, and vendor support. In limited testing of three districts, the auditors found the system calculated funding correctly for the 2023-24 school year, but they identified nine small input discrepancies tied to differences between budget materials and state law, which they said could compound into larger dollar amounts. The auditors recommended replacing or modernizing the system and noted that delays in doing so prolong risk. OSPI largely agreed that the current platform needs replacement and said it has been working toward a new system for years. Agency officials clarified that the Legislature requested a feasibility study in 2022, that the study found the system at risk of catastrophic failure, and that funding for a replacement is now in the state IT pool subject to OCIO/OFM gate reviews. OSPI disputed the audit’s characterization of the rounding and budget-law discrepancies, saying the issue was an agency rule and implementation choice, not an error that caused under- or over-allocation. Officials also said the current system is too old to easily absorb future formula changes, but that the planned replacement should be flexible enough to handle a new funding model if the Legislature adopts one. Committee members asked about the amount and timing of the $16 million project funding, whether smaller districts face greater risk, how many times data is entered, and whether the funding formula should be simplified. Auditors and OSPI both emphasized that formula simplification is a policy question for the Legislature, not the audit. Public testimony came from one online witness, who urged full implementation of the audit recommendations and modernization of the system. The subcommittee took no formal vote and adjourned after the presentations and testimony.
NM

New Mexico 2025 Regular Session

IC - New Mexico Finance Authority Oversight Jul 10th, 2025

New Mexico Finance Authority Oversight Committee

Transcript Highlights:
  • I can talk more about those if you're interested.
  • So, I hope that explains why I'm interested in future plans.
  • But they interest me.
  • Now the local and state match is calculated annually.
  • There's a phase two formula within statute that is calculated.
NM
Transcript Highlights:
  • Those calculations go out that 2029 year.
  • It was interesting. This was a bloodless battle.
  • And there's some interesting parts in here.
  • So, I mean, I'm very interested in it.
  • So I just find it very, very interesting.
Summary: The committee’s final day focused first on a historical overview of New Mexico tax packages by Pam Stokes of Legislative Council Services. She described how tax packages have alternated over the decades between tax relief, revenue raising, and tax reform, with examples ranging from the creation of the gross receipts tax in 1966 to major packages in 1981, 1986, 1991, 1994, 2005, 2019, 2022, 2024, and the vetoed 2025 package. Members discussed how tax policy often tracks revenue conditions, how packages can combine increases and decreases, and how local government gross receipts taxes and hold-harmless distributions have affected communities differently. Several members reflected on past packages, especially the 2004 food tax repeal and the 2013 film tax and manufacturing changes, and noted that tax policy can have major economic and political effects even when it is not “sexy” legislation. The committee then heard a proposal to expand the health care practitioner gross receipts tax deduction to include co-insurance, and to extend the sunset date. Sponsor Senator Figueroa said the bill was intended to help recruit and retain medical providers and build on prior deductions for co-pays and deductibles. Testimony explained that co-insurance is the patient’s share after the deductible, that providers currently absorb the gross receipts tax on those payments, and that the proposal would cost about $30 million to the state plus about $20 million to municipalities and counties, with the exact fiscal impact likely to be updated. Members raised concerns about the effect on local governments, whether insurers could be required to reimburse providers, whether the bill would actually attract doctors, and whether better evaluation measures and sunsets should be added. The sponsor said the bill was part of a broader set of efforts to address provider shortages and that the discussion would continue. Representative McQueen then presented a bill to update the Land Conservation Incentives Act. He and conservation partners said the program has protected more than 500,000 acres but has not kept pace with rising land values, especially for irrigated agricultural land in the Middle Rio Grande. The proposal would increase the percentage of conservation value eligible for the credit, raise the per-transaction cap from $250,000 to $2 million, and make the credit refundable rather than only transferable. Testimony emphasized that the program is voluntary, keeps land in private ownership and production, and helps land-rich, cash-poor landowners preserve farmland and water rights. Members asked about average credit amounts, how easements work, whether landowners could effectively buy land and then use the credit, and whether there should be inflation indexing or a statewide cap. The discussion also touched on water rights, fencing, and the role of conservation easements in protecting agricultural land and compact water deliveries. Finally, Senator Sharer previewed his 2% tax proposal with a historical presentation on New Mexico tax law, using props to illustrate the evolution from early territorial tax codes to the modern tax system. He argued that the state’s current tax structure is overly complex and that recent federal changes have disrupted the personal income tax base. The committee did not take any votes on the day’s presentations; the meeting was primarily informational, with members offering feedback and raising policy concerns for future sessions.
MN
Transcript Highlights:
  • Representative Smith, I would also be interested in knowing what that number is, but I don't have it
  • up Iowa which I think is uh interesting up Iowa which I think is uh interesting so<00:18:45.520>
  • <00:32:16.880> deduction gets to write off the interest deduction gets to write off the interest
  • And I told you that the interests of the wealthy and of corporations have been amply represented in the
  • And so this is an example of how that happens, of how the interests of corporations and the wealthy are
Keywords: 1183, house
LA

Louisiana 2026 Regular Session

House of Representatives Apr 23rd, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • Landry, you piqued my interest.
  • Landry, you piqued my interest.
  • So you do not believe he has a vested interest in the office that he was elected to.
  • She thought that was so interesting.
  • She thought that was so interesting.
DE
Transcript Highlights:
  • It's been so fun learning about all the legal stuff, because I never thought I was interested in that
  • I got the opportunity to work on a lot of interesting research, and I probably know way too much about
  • cratum after all of this. ...to work on a lot of interesting research, and I probably know way too much
  • A respondent may demonstrate a legitimate non-discriminatory interest.
  • It requires New Castle County to use the same eligibility criteria and calculation formula for exemption
Summary: The House received a series of Senate communications and committee reports, then took up a long consent calendar and several individual measures. Early actions included passing consent calendar items, recognizing Freedom of Speech Week and Juneteenth, and hearing numerous introductions and tributes, including remarks honoring House fellows, Father’s Day, and Representative Mara Gorman. The chamber also adopted several procedural motions and recesses, with roll calls recorded throughout. Among the bills considered, the House passed House Bill 134 on animal cruelty, increasing penalties for repeat offenses; House Bill 131 with Senate Amendment 1 on pet stores and animal welfare; House Substitute 1 for House Bill 320 on technical corrections to the Delaware Constitution; House Substitute 1 for House Bill 407 on technical updates to the Hazardous Substance Control Act; House Substitute 1 for House Bill 425 on salary supplements for certain school employees; House Substitute 1 for House Bill 450, the Road Delaware Act, on land use and permitting reform; House Bill 459 on restricting energy drink sales in schools; House Substitute 1 for House Bill 439 on electric moped and motorcycle disclosures; and House Bill 444, the Delaware John Lewis Voting Rights Act, after amendment delaying its effective date to July 1, 2027. House Amendment 1 to House Bill 459 was adopted, and House Amendment 1 to House Bill 444 was adopted before final passage. The House also rejected House Amendment 1 to House Substitute 1 for House Bill 425 after debate over salary supplement policy for school-related certifications, then passed the substitute bill itself. House Bill 407 prompted questions about the increase in civil penalties, which DENREC said was intended to update outdated fines and align the penalty structure with other laws. House Bill 444 drew floor speeches emphasizing voting rights protections and concerns about voter suppression and dilution. The session ended with the House moving to recess after continuing consideration of House Bill 355, the Speaker Truth Act, which had just adopted an amendment changing damages language to attorney’s fees and costs.
MN
Transcript Highlights:
  • Literally, our staff, after going through all the workarounds, all the pages, have to get out a calculator
  • <00:16:15.360> and pages, have to get out a calculator and pages, have to get out a calculator
  • Thank God we have folks who are interested in this. Think about the exhaustion.
  • ><00:19:09.560> folks<00:19:09.840> who<00:19:09.919> are<00:19:10.040> interested
  • <00:19:10.520> in we have folks who are interested in we have folks who are interested in
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 3/27/25

Education Finance

Transcript Highlights:
  • She said the regional literacy network data in the presentation is really interesting.
  • <00:19:05.280> One interesting. I have two questions. One interesting.
  • This will extend stability for one year of compensatory revenue calculation into fiscal 26.
  • <00:54:00.319> Um<00:54:00.559> and about how to best be calculated.
  • Um and about how to best be calculated.
Bills: HF2430, HF2433
NM

New Mexico 2025 Regular Session

Senate Chamber Oct 1st, 2025

New Mexico Senate Floor Meeting

Transcript Highlights:
  • It's some very interesting things. I mean, prenatal and postpartum services.
  • President, Senator, I do not have that calculation. Well, the deal is, Mr.
  • President, that's calculated through the Be Well New Mexico Exchange.
  • I have that, but I'm calculating the 8% on the top level. Okay, good enough. Thank you very much.
HI
Transcript Highlights:
  • It's received a lot of interest from the donor community as an opportunity to forge a public-private
  • <03:44:44.279> and<03:44:44.399> more tourist and visitor interest and more tourist
  • and visitor interest and more regenerative<03:44:45.159> and<03:44:45.319> place-based
  • in calculating the amount owed to clear all future claims of the Office of Hawaiian Affairs against
  • in calculating the amount owed to clear all future claims of the Office of Hawaiian Affairs against
Keywords: 910, house, all