Video & Transcript Research : 'automatic increments'

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NH

New Hampshire 2025 Regular Session

Senate Transportation (01/28/2025)

Transportation

Transcript Highlights:
  • Phone on the device, and it'll automatically validate your 21 years old.
  • Phone on the device, and it'll automatically validate your 21 years old.
  • <01:04:28.960> this<01:04:29.119> as<01:04:29.240> an<01:04:29.359> incremental
  • <01:04:29.839> Bill I'm viewing this as an incremental Bill I'm viewing this as an incremental
  • <01:04:44.480> the it so again this is an incremental the it so again this is an incremental
Keywords: 1191, senate, all
MN

Minnesota 2025-2026 Regular Session

Sale and possession of large-capacity magazines for firearms banned HF3402 3/26/26

Minnesota House Floor Meeting

Transcript Highlights:
  • > but<00:42:25.240> it's It is incremental progress but it's It is incremental progress
  • The A stands for automatic, not assault.
  • The A stands for automatic, not assault.
  • , The A stands for automatic, The A stands for automatic, not<00:58:09.359> assault.
  • Every Every Every semi-automatic semi-automatic semi-automatic pistol<01:34:58.280> that's<01:
Keywords: 1183, house
FL

Florida 2025 Regular Session

House in Session Apr 29th, 2025

Florida House Floor Meeting

Transcript Highlights:
  • It's not an automatic change; it's whenever the southeastern region does it.
  • Debate will be limited to 10 minutes per side in 10 minute increments.
  • Debate will be limited to five minutes per side in five-minute increments.
  • Debate will be limited to 10 minutes per side and 10 minute increments.
  • Debate will be limited to 10 minutes per side and 10 minute increments.
Bills: HB 1500, HJR 7, HJR 112, HB 34, HB 133, HB 112, HB 119, HB 128, HB 130, HB 132, HB 2756, HB 166, HB 406, HB 186, HB 271, HB 331, HB 380, HB 1583, HB 1584, HB 1819, HB 621, HB 303, HB 552, HB 366, HB 463, HB 1211, HB 1327, HB 1461, HB 923, HB 1760, HB 2043, HB 2467, HB 5333, HB 5265, HB 1592, HB 1576, HB 1552, HB 2018, HB 3511, HB 1781, HB 2013, HB 2340, HB 2349, HB 2508, HB 2970, HB 2520, HB 865, HB 2851, HB 3385, HB 3336, HB 3529, HB 3309, HB 1127, HB 1232, HB 1397, HB 4236, HB 1804, HB 1926, HB 4041, HB 1965, HB 1964, HB 2679, HB 2730, HB 3698, HB 3699, HCR 77, HB 3354, HB 163, HB 201, HB 272, HB 333, HB 405, HB 519, HB 569, HB 654, HB 694, HB 791, HB 1006, HB 1136, HB 1240, HB 1266, HB 1275, HB 1437, HB 1532, HB 1675, HB 1842, HB 1868, HB 1888, HB 1894, HB 1943, HB 1990, HB 2029, HB 2061, HB 2286, HB 2523, HB 2622, HB 2626, HB 2652, HB 2692, HB 2842, HB 2885, HB 2914, HB 3016, HB 3096, HB 3129, HB 3248, HB 3251, HB 3255, HB 3479, HB 3611, HB 3623, HB 3701, HB 3724, HB 3803, HB 3804, HB 3805, HB 3806, HB 3810, HB 3816, HB 3832, HB 3887, HB 4127, HB 4129, HB 4130, HB 4131, HB 4163, HB 4187, HB 4229, HB 4238, HB 4454, HB 4588, HB 4643, HB 4736, HB 4738, HB 4739, HB 4945, HB 5015, HB 5616, SB 767, SB 1619, SB 1738, HJR 5, HJR 2, HB 1399, HB 388, HB 114, HB 205, HB 2789, HB 2791, HB 499, HB 2960, HB 3163, HB 3135, HB 2427, HB 1672, HB 1722, HB 2618, HB 879, HB 1126, HB 4134, HB 3513, HB 1445, HB 1893, HB 1734, HB 3229, HB 3306, HB 1276, HB 3516, HB 4145, HB 1585, HB 4810, HB 2558, HB 2742, HB 1695, HB 33, HB 144, HB 109, HB 103, HB 148, HB 3809, HB 2217, HB 220, HB 2421, HB 2363, HB 421, HB 2455, HB 3711, HB 2559, HB 2775, HB 3126, HB 3666, HB 3595, HB 3260, HB 3376, HB 3826, HB 3770, HB 1831, HB 2614, HB 3113, HB 322, HB 431, HB 869, HB 1203, HB 1244, HB 1875, HB 1950, HB 2152, HB 2341, HB 2809, HB 2856, HB 3012, SB 1415, SB 1058, SB 487, SB 1499, SB 513, SB 1697, SB 1197, SB 1437, SB 1809, SB 836, SB 1879, SB 1145, SB 963, SB 1038, SB 1147, SB 914, SB 711, SB 1409, HB 3707, HB 589, HB 1360, HB 2337, HB 2391, HB 718, HB 23, HB 2436, HB 1500, HJR 7, HJR 112, HB 34, HB 133, HB 112, HB 119, HB 128, HB 130, HB 132, HB 2756, HB 166, HB 406, HB 186, HB 271, HB 331, HB 380, HB 1583, HB 1584, HB 1819, HB 621, HB 303, HB 552, HB 366, HB 463, HB 1211, HB 1327, HB 1461, HB 923, HB 1760, HB 2043, HB 2467, HB 5333, HB 5265, HB 1592, HB 1576, HB 1552, HB 2018, HB 3511, HB 1781, HB 2013, HB 2340, HB 2349, HB 2508, HB 2970, HB 2520, HB 865, HB 2851, HB 3385, HB 3336, HB 3529, HB 3309, HB 1127, HB 1232, HB 1397, HB 4236, HB 1804, HB 1926, HB 4041, HB 1965, HB 1964, HB 2679, HB 2730, HB 3698, HB 3699, HB 3354, HB 163, HB 201, HB 272, HB 333, HB 405, HB 519, HB 569, HB 654, HB 694, HB 791, HB 1006, HB 1136, HB 1240, HB 1266, HB 1275, HB 1437, HB 1532, HB 1675, HB 1842, HB 1868, HB 1888, HB 1894, HB 1943, HB 1990, HB 2029, HB 2061, HB 2286, HB 2523, HB 2622, HB 2626, HB 2652, HB 2692, HB 2842, HB 2885, HB 2914, HB 3016, HB 3096, HB 3129, HB 3248, HB 3251, HB 3255, HB 3479, HB 3611, HB 3623, HB 3701, HB 3724, HB 3803, HB 3804, HB 3805, HB 3806, HB 3810, HB 3816, HB 3832, HB 3887, HB 4127, HB 4129, HB 4130, HB 4131, HB 4163, HB 4187, HB 4229, HB 4238, HB 4454, HB 4588, HB 4643, HB 4736, HB 4738, HB 4739, HB 4945, HB 5015, HB 5616, SB 767, SB 1619, SB 1738, HCR 77
HI

Hawaii 2025 Regular Session

CPC Public Hearing - Wed Mar 19, 2025 @ 2:00 PM HST

Consumer Protection & Commerce

Transcript Highlights:
  • This bill is now asking for another $6 million in increments.
  • So we're incrementing; we're going in phases on what we can spend on the tasks that's due in that time
  • This bill is now asking for another $6 million in increments.
  • This bill is now asking for another $6 million in increments.
  • But you're saying that what it sounded like was they're automatically going to withhold 10% to 15%?
Keywords: 910, house, all
Summary: The committee met on March 19, 2025, and first heard SB 137 SD2 HD1 relating to electric utilities. The Division of Consumer Advocacy and the Public Utilities Commission said they stood on their written comments, IBEW Local 1260 supported the bill, and Ulupono Initiative also supported it. Hawaiian Electric supported the intent but asked for an amendment, saying the bill’s definition of “acquiring entity” was too broad and could unintentionally cover purely local utility transactions. A later witness from Life of the Land supported the bill only if the merger/acquisition language were removed, arguing the PUC would not have a workable mechanism to let a cooperative intervene in a utility sale process. Committee members questioned whether the bill could still work without that section, and Ulupono said it was open to clarifying language but did not seek to remove the provision; the discussion ended without a vote in the excerpt provided. The committee then took up SB 1220 SD2 relating to a renewable gas tariff. The Division of Consumer Advocacy and the PUC again stood on written comments. HGas strongly supported the measure, saying it would create a faster, more cost-effective path for a voluntary renewable gas tariff without requiring a full rate case, while preserving PUC oversight and consumer protections. The Coalition for Renewable Natural Gas also supported the bill, emphasizing that it would expand consumer choice and help Hawaii’s clean energy goals while keeping the program voluntary and shielding non-participating customers from costs. Henry Curtis of Life of the Land opposed the bill, arguing that HGas already had an active rate case and could have raised the issue there, and that the proposal did not increase renewable gas supply or speed up acquisition; he called it a gimmick. In response, HGas said the bill was mainly a mechanism to speed filing and that the details would be worked out in a PUC docket. Committee members pressed HGas on whether the measure would actually add renewable gas, what source would be used, and whether customers would simply be paying more for the same gas; HGas said it had two projects in development, including banagrass and hydrogen-related work, and that the tariff would be a voluntary opt-in rate for customers seeking renewable natural gas to meet sustainability goals. No vote was taken in the excerpt provided.
FL

Florida 2026 5th Special Session

FL House Floor Session - 2025-03-26 (3:00PM Session)

Florida House Floor Meeting

Transcript Highlights:
  • Debate will be limited to 40 minutes per side and 10-minute increments.
  • Debate will be limited to 40 minutes per side and 10-minute increments.
  • We can't compare casting a ballot to holding an automatic weapon that can ...to holding an automatic
  • The exemption will automatically repeal on October 2nd of this year unless this bill becomes law.
  • The exemption will automatically repeal on October 2nd of this year unless this bill becomes law.
Summary: The House convened for opening-day business, with prayer, a moment of silence for Captain Bill Guston, the Pledge of Allegiance, and a quorum established. The Speaker outlined a budget message emphasizing reduced spending and a proposed permanent 0.75% sales tax cut, and the chamber then received the Governor’s veto message on portions of HB 5001. Members moved to reinstate several vetoed appropriations, including the Florida Senior Veterans and Crisis Fund, Rockledge Advanced Water Treatment Phase 1, the Department of Corrections automated staffing/time management system, and Baldwin sewer and water main work; each reinstatement passed unanimously. The House also adopted a special order calendar and special amendment procedures for the General Appropriations Act and related bills. On the special order calendar, several bills passed unanimously or near-unanimously, including Lucy’s Law on boating safety (CS/CS/CS/HB 289), HB 735 on water access facilities, HB 11 on municipal water and sewer utility rates, CS/CS/HB 85 on hazardous walking conditions, and CS/HB 157 on service of process. These measures focused on boating safety, water infrastructure, utility-rate fairness, school walking safety, and procedural civil-law updates. A major floor debate centered on HB 6017, which would repeal Florida’s “Free Kill Law” limiting wrongful-death damages in medical negligence cases. Supporters described the bill as a long-awaited justice measure for families who lost adult children or unmarried relatives to medical malpractice, while opponents were not recorded in the final vote tally; the bill passed 104-6 after extensive emotional testimony from sponsors and affected families. The chamber also heard a lengthy, highly divided debate on HB 759, which would lower the firearm purchase age from 21 to 18. Supporters argued the current law is inconsistent with adult rights and responsibilities and cited constitutional precedent, while opponents emphasized Parkland, youth gun violence, and public-safety concerns; the transcript ends during continued debate on that bill, with no final vote shown.
MI

Michigan 2025-2026 Regular Session

Labor 26-06-18

Labor

Transcript Highlights:
  • exercised a right granted under the WEB Act or used an email or text message signature line, an automatic
  • exercised a right granted under the Web Act or used an email or text message signature line or an automatic
  • But it took months of dragging feet and them moving like tiny increment by tiny increment.
Summary: The Senate Committee on Labor met with a quorum, adopted the June 4 minutes, and then took up Senate Bill 948, the Workplace Employees Boundaries Act (WEB Act), after adopting an S-1 substitute by a 4-1 vote. Senator Geis presented the bill as a Michigan “right to disconnect” measure that would generally bar employers from requiring employees to access or respond to work communications outside usual work hours, allow employees to set availability hours, prohibit retaliation, direct LEO to write rules, and provide complaint and enforcement procedures with exceptions for emergencies and existing collective bargaining agreements. In questioning, Senator Albert raised concerns about how the bill would apply in small businesses and practical situations like staffing calls, school notifications, and emergency-like circumstances; Geis said the bill was meant to protect non-work time while preserving emergency carve-outs and informational messages. NFIB’s Amanda Fisher opposed the bill, arguing it was too broad, difficult to define across industries and schedules, potentially duplicative of existing wage-and-hour law, and likely to create confusion and reduce flexibility, especially for small employers. The committee then shifted to testimony on health care workforce and labor disputes. Nurses from Teamsters Local 332 described a 291-day strike at Henry Ford/Genesis over safe staffing, return-to-work terms, and alleged union-busting, saying the hospital’s staffing levels and use of replacement workers threatened patient safety and could displace experienced specialty nurses. Michigan Nurses Association president Aaron McCormick and Marquette RN union president Christina Hanson said Michigan’s problem is not a shortage of licensed nurses but of nurses willing to stay in overworked, hostile workplaces; they cited retaliation, slow grievance/arbitration processes, hospital consolidation, rural OB closures, and unsafe staffing ratios as drivers of burnout and departures. They urged stronger protections and faster dispute resolution, especially given the limited effectiveness of the NLRB and delays in labor processes. Additional testimony came from UAW Local 4911’s Kim Wheeler, who said UMH Sparrow was outsourcing two low-paid support groups—patient transport/housekeeping and food and nutrition—despite their importance to hospital operations and despite a recently ratified contract, and asked for transparency and limits on corporate outsourcing. Don Hill of SEIU Health Care Michigan described chronic understaffing in nursing homes, mandatory overtime, burnout, retaliation fears, and the need for enforceable patient-to-staff ratios and stronger wage support; he also noted that home care workers are negotiating first contracts after restored bargaining rights. The committee took no vote on SB 948 beyond adopting the substitute, heard extensive testimony, and adjourned without further business.
FL

Florida 2025 Regular Session

April 1, 2025 - 04:00 PM

Transcript Highlights:
  • There is a transition that will be incremental and take place over the next 10 years.
  • So when parents very proudly say, I go to an A school, automatically they're thinking 90% to 100%, because
  • And then perpetually for the next 10 years, you'll notice that the A grade will incrementally raise from
  • to maintain where if they didn't sleep the night before and they have to go take a test, that automatically
Summary: The Student Academic Success Subcommittee met with a quorum and considered two bills. The first, PCS for HB 1565, would expand permitted purchases under the Personalized Education Program scholarship to include digital devices, clarify statutory terms, and distinguish between parent-directed part-time programs and full-time instructor-led programs. Rep. Hinson questioned oversight and misuse safeguards, while the sponsor said existing statutory and SFO oversight already applies. Public testimony included support from the James Madison Institute, and the bill was reported favorably by a 12-1 vote. The committee then heard PCS for HB 1483, the SCORE Act, which would gradually align Florida’s school grading scale with the familiar A-F scale used for students over a 10-year transition. The sponsor argued that current school grades are inflated and confusing to parents, and said the bill would also expand early support identification from pre-K through 8th grade. Members raised concerns about the impact on public and charter schools, low-income communities, teacher workload, resources, property values, and whether the bill should be paired with funding and professional development. Public testimony included an ESE teacher asking about funding and class size, one opponent from Orange County teachers, and a proponent from Florida Citizens Alliance. After extensive debate, the committee voted 12-5 to report PCS for HB 1483 favorably. Supporters said the bill would improve transparency and accountability for parents and create pressure to raise standards, while opponents warned it could sharply increase lower-rated schools without sufficient resources and could mislead the public about school performance during the transition.
ND

North Dakota 2026 1st Special Session

Tax Reform and Relief Advisory Committee Jun 23rd, 2026 at 10:00 am

Tax Reform and Relief Advisory Committee

Transcript Highlights:
  • The disabled veteran is 50%, it's increments of 10%, at least 50% disabled and 50, 60, 70, et cetera,
  • So we've got the incremental production, some average pricing assumptions.
  • Don't forget about the production side: that's for incremental production.
  • But you can see the total incremental revenue if 2.5% was applied.
  • Again, you've got the incremental production tax, and that's incremental, and then you've got the incremental
Keywords: 908, all
MN

Minnesota 2025-2026 Regular Session

Committee on Jobs and Economic Development - 02/23/26

Jobs and Economic Development

Transcript Highlights:
  • We're relentlessly incremental, and we apply lessons along the way.
  • Instead, the way that we work is that we work small and incremental over time and incorporate feedback
  • Uh<00:14:34.079> we're<00:14:34.320> relentlessly<00:14:35.199> incremental<00:14
  • work small and incremental over time. work small and incremental over time. um<00:15:37.519>
  • returned to the family and automatically returned to the family and medical<00:31:25.279> benefit
Keywords: 1187, senate, all
NH
Transcript Highlights:
  • , and it increments in value over time, but they still may market themselves as a stablecoin because
  • > the<01:08:15.839> value<01:08:16.000> of<01:08:16.159> the incrementing
  • in value over example, and it increments in value over time.<01:08:20.080> but<01:08:20.319><
  • So the first sort of automatic market correction mechanism would be that, innately, those traders and
  • <01:17:08.800> market the first sort of automatic market the first sort of automatic market
Keywords: 1189, house, all
Summary: The meeting began with roll call and introductions of commission members and guests, followed by approval of the agenda and a motion to approve the February 10 minutes with a correction clarifying that one quoted statement was misattributed. The commission then moved into presentations. The main presentation came from the Conference of State Bank Supervisors on implementation of the federal GENIUS Act for stablecoins. The speaker reviewed the OCC’s recent 367-page proposed rule, noting it raises many open questions and design choices for states, and discussed expected upcoming rulemaking from the FDIC, Federal Reserve, and Treasury. The presentation focused on six areas: permissible issuer activities, reserve assets and redemption, risk management and supervision, treatment of state-qualified issuers, capital/operational backstops, and foreign issuers. It also flagged unresolved issues around Bank Secrecy Act/AML requirements and the meaning of “digital asset service provider” activities. A substantial portion of the discussion addressed yield restrictions, with the presenter explaining the OCC’s broad definition of yield and its rebuttable presumption against issuer-affiliated or related third-party yield arrangements. The speaker said this likely forecloses many existing white-label structures but leaves some room for third-party payments depending on distance from the issuer, and noted ongoing Senate debate over similar provisions. The presentation also covered reserve valuation, liquidity and diversification requirements, redemption timing, and supervisory expectations such as third-party oversight, IT security, exam cycles, and reporting. No additional votes or formal actions were taken beyond approving the amended minutes.
TX
Transcript Highlights:
  • Currently, developments are automatically disqualified for tax credits if they fall. ...all within the
  • Do the city have tax increment and reinvestment zones, Ross? The city does.
  • is flowing through those TIRZ that the county is spending on, or are they actually losing that incremental
  • Automatic External Defibrillator. Thank you. I knew the 'D' part, but I couldn't remember the rest.
  • demolition permit, we found out that any... a demolition permit for a property over 50 years old automatically
TX
Transcript Highlights:
  • The committee substitute automatically exempts the generator from penalties if it can demonstrate the
  • Wind and solar facilities could also automatically exempt themselves if they acquire enough energy storage
  • They can get automatic payroll deductions.
  • The bill provides incremental increases to our energy efficiency goals over the next few years.
  • that have been called for over years, but we think this is a really good start, and it provides incremental
NH

New Hampshire 2025 Regular Session

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

Energy and Natural Resources

Transcript Highlights:
  • <00:50:16.680> resources<00:50:17.160> were<00:50:17.400> important incremental
  • <01:27:38.239> change this makes thoughtful incremental change this makes thoughtful incremental
  • Our billing process is not automatically set up to capture all this information.
  • Our billing process is not automatically set up to capture all this information.
  • set up to capture all this automatically set up to capture all this information<01:34:42.040> is<
Keywords: 1191, senate, all
NM

New Mexico 2025 Regular Session

IC - Investments and Pensions Oversight Oct 8th, 2025

Investments & Pensions Oversight Committee

Transcript Highlights:
  • The first main type is an automatic COLA. This is the type of COLA that PARA has.
  • comparing New Mexico to retirement systems across the nation, about 46% of public pension plans have an automatic
  • an individual wants to repurchase service credit, it's done in a lump sum purchase and in annual increments
  • number of months of service credit that an individual could buy, rather than doing it in annual increments
FL

Florida 2026 5th Special Session

Community Affairs Nov 18th, 2025

Transcript Highlights:
  • He said it is incremental, and asked whether the chair would entertain, with the blessing of the president
  • communities, and yet Senate Bill 208, as written, would replace public and accountable planning with automatic
  • communities, and yet Senate Bill 208, as written, would replace public and accountable planning with automatic
  • Much of the land affected by these automatic approvals lies within the legislatively recognized corridor
Summary: The Committee on Community Affairs met with a quorum present and heard three bills. First, the committee considered Senator Osgood’s home hardening products bill (CS/SB 78). The sponsor offered and the committee adopted a strike-all amendment that changed the sales tax exemption for impact-resistant doors and windows into a refund program. The refund is limited to homeowners with site-built homesteads valued at $700,000 or less, requires application to the Department of Revenue with proof of eligibility, caps the refundable tax at $500,000 per property, and runs for two years beginning July 1, 2026. The bill, as amended, was reported favorably after a roll call vote. The committee then took up Senator McLean’s land use and development regulations bill (SB 208), which would redefine compatibility, define infill residential development, allow administrative approval in certain cases, and set standards for local development-related fees. Members and stakeholders discussed concerns about the compatibility definition, the scope of administrative approval, and whether 100 acres is too large to qualify as infill. Testimony came from Audubon Florida, the Florida Association of Counties, the Florida League of Cities, Highland Homes, 1,000 Friends of Florida, and others, with supporters emphasizing housing supply and affordability and opponents warning about sprawl, reduced public participation, and impacts to rural lands and the Florida Wildlife Corridor. The sponsor said he would continue working on the language, and the bill was reported favorably. Finally, the committee heard Senator Truenow’s bill on special assessments for recreational vehicle parks (SB 118). The bill clarifies that if a local government levies a special assessment on an RV park space or campsite, the assessment may not exceed the maximum square footage allowed for an RV site. An amendment clarified that maximum as 400 square feet, resolving confusion about the cross-reference in current law. After brief discussion and one appearance form in support, the committee adopted the amendment and reported the bill favorably. The meeting then adjourned.
MN

Minnesota 2025-2026 Regular Session

Committee on Health and Human Services - 03/03/26

Health and Human Services

Transcript Highlights:
  • to three months and so those incremental to three months and so those incremental months<00:20:40.880
  • So it's automatic, or do we have to change something about that?
  • So it's automatic, or do we have to change something about that?
  • So it's automatic, or do we have to change something about that?
  • So it's automatic, or do we have to change something about that?
Keywords: 1187, senate, all
TX

Texas 89th Regular

Trade, Workforce & Economic Development Mar 26th, 2025

Trade, Workforce & Economic Development

Transcript Highlights:
  • allows milestone-based reimbursement, enabling the Texas Workforce Commission to pay employers incrementally
  • So, on a scale project, you have to have a DOL-approved program to be in the increments if you've got
  • It ought to be automatic. That's all this really accomplishes. This bill passed the House twice.
MN

Minnesota 2025-2026 Regular Session

House Higher Education Finance and Policy Committee 4/3/25

Higher Education Finance and Policy

Transcript Highlights:
  • engaged in this work and I would um just may not speak for the University of Minnesota, but in this incremental
  • engaged in this work and I would um just may not speak for the University of Minnesota, but in this incremental
  • But one of the distinguishing factors, Madam Chair, is that this would be an automatic enrollment situation
  • So the automatic enrollment is a big piece of that.
  • So the automatic enrollment is a big piece of that.
Keywords: 1183, house
KY

Kentucky 2026 Regular Session

House Legislative Session Day 35 (2-26-26)

Kentucky House Floor Meeting

Transcript Highlights:
  • <00:11:35.920> for<00:11:36.720> uh regaining focus on increments for uh regaining
  • focus on increments for uh state<00:11:37.279> workers<00:11:37.680> in<00:11:37.839>
  • We have a 2% in one salary increment.
  • <00:12:25.519> We've issue right along with increments.
  • We've issue right along with increments.
Keywords: 958, all
Summary: The meeting opened with prayer and the Pledge of Allegiance, then moved into committee and floor reports. Several measures received favorable committee reports and were ordered to first reading and placed on the calendar, including Current Resolution 9, Senate Joint Resolution 23, House Bill 145, House Bill 567, and House Bill 506 with House Committee Substitute 1. The chamber also noted that House Bills 500 and 504 had already received two readings and were sent to the Rules Committee before House Bill 500 was brought up for final consideration. Most of the discussion focused on House Bill 500, the executive branch budget bill. Members described it as a “good first draft” and emphasized a budget process they said was more transparent than in prior years. The bill was presented as a restrained two-year operating budget with spending growth kept at a little under 2% annually, while setting aside about 2% of projected revenues, or roughly $614 million, in the Budget Reserve Trust Fund for future needs. The budget also used base reductions in some areas while exempting others such as Medicaid benefits, SEEK, corrections, behavioral health, and veterans programs. Subcommittee chairs then outlined major spending areas. Education provisions included a 2% annual increase in base SEEK funding, transportation funding held flat, equalization for recallable nickel funding, continued retirement contributions, and major support for postsecondary access, dual credit, asset preservation, and workforce training. Health and family services provisions held Medicaid steady while adding waiver slots, behavioral health and substance use support, public health investments, and funding for rural health and laboratory capacity. Other sections covered personnel and pensions, veterans services, infrastructure, public safety, economic development, tourism, and environmental projects. The only recorded action on the floor was adoption of House Committee Substitute 1 to House Bill 500, followed by a motion for final passage of the bill as amended. The transcript ends as discussion on final passage begins, before any final vote is shown.
NM

New Mexico 2025 Regular Session

IC - Investments and Pensions Oversight Oct 8th, 2025

Investments & Pensions Oversight Committee

Transcript Highlights:
  • That has incrementally but consistently changed over the last 50 or 60 years, where you can see now on
  • That grows incrementally every year; most often, retirements are offset by There has been slight growth
  • state, and he got the legislature to go along with this, to increasing its contribution system automatically
  • So whatever the actuary tells us, tells the employer they need to pay, those rates adjust automatically
  • are statutorily fixed, so unless the legislature gives us the authority to change those rates automatically