Video & Transcript Research : 'rate base'

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MN

Minnesota 2025-2026 Regular Session

House Energy Finance and Policy Committee 4/14/26

Energy Finance and Policy

Transcript Highlights:
  • I think we should be basing our right?
  • Less than 1 to 2% of these buildings are renovated annually, and at that rate, we're going to take 50
  • , renovated annually, and at that rate, renovated annually, and at that rate, we're<00:58:31.200>
  • businesses compete for consumers based businesses compete for consumers based on<01:09:52.319>
  • on all of and assessing whether based on all of its<01:30:31.160> impacts,<01:30:31.960> it
TX
Transcript Highlights:
  • What ensued was a debacle of epic proportions from his standpoint based on the fact that Mr.
  • They hit a roadblock because their audits were overdue, and they lost their S&P rating.
  • Those are fee-based and so they are not a part of property taxes.
  • In order to secure the services, even if they're fee-based. Help me where I'm wrong on that.
  • Those are strictly fee-based.
TX

Texas 89th 2nd C.S.

Local Government (Part II) Mar 31st, 2025

Local Government

Transcript Highlights:
  • In fact, as a result of that deficit, Moody's last month downgraded the, the district's credit rating
  • we'll, all we'll see in the marketplace in the competition for city managers is a demand for a higher base
  • This is all based upon if something's prohibited by state law, then they can't turn, you know, it prohibits
MN

Minnesota 2025-2026 Regular Session

House State Government Finance and Policy Committee 3/3/26

State Government Finance and Policy

Transcript Highlights:
  • think further clarifies that it's based think further clarifies that it's based on<00:10:26.160>
  • discussion about the state's bond rating discussion about the state's bond rating and<00:47:48.960
  • <00:48:07.440> and of the state's bond rating and of the state's bond rating and reputation
  • agencies and were able to maintain that AAA bond rating from all three credit rating agencies this year
  • I appreciate giving us some insight on the state's bond rating with regard to fraud.
Bills: HF3676, HF3683, HF3395
Summary: The committee first approved minutes from February 19 and February 26, while skipping the February 24 minutes because of a drafting error that would be corrected later. It then took up House File 3676, a Safe at Home program bill described by Rep. Nash as arising from a constituent’s dangerous identity exposure and intended to tighten protections for participants, including allowing emancipated minors to enroll. Testimony from the Secretary of State’s office explained that the bill would clarify who may apply for a minor, require proof of guardianship, strengthen court findings before a participant’s physical address can be disclosed, increase penalties for harmful disclosure, prohibit discrimination based on participation, require state agencies to designate a Safe at Home contact person, allow use of the Safe at Home card as proof of residence for certain ID purposes, and require judge training. Members raised concerns about federal compatibility, constitutionality of court-related provisions, and the need for a fiscal note on the felony penalty. Several sections were noted as being removed or modified in a later engrossment, and the committee voted to re-refer HF 3676 to the Transportation Finance and Policy Committee. The committee then heard House File 3683, which would direct the state budget forecast to include the estimated cost of fraud. Rep. Nash argued that fraud is a significant but unquantified drain on state resources and said the bill would adapt existing forecast language used for inflation to track fraud costs. Minnesota Management and Budget Deputy Commissioner Anna Mingi testified that fraud is unacceptable and that the agency works to prevent and detect it, but said the twice-yearly forecast is not the right tool for this kind of retrospective analysis. She explained that if fraud is identified, the forecast would reflect reduced spending through program integrity actions rather than a separate fraud-cost line item. The bill was moved and referred to the general register after a roll call was requested.
TX

Texas 89th Regular

Local Government May 12th, 2025

Local Government

Transcript Highlights:
  • Several years back, we lowered the percentage rate that counties and cities could raise your taxes, right
  • Early detection in Wade's case: early detection in stage one colorectal cancer has a 90% survival rate
Summary: The Committee on Local Government heard and discussed a series of House bills dealing with municipal structure, tax payment timing, local provider participation funds, firefighter cancer screenings, sunset review of the Trinity River Authority, replacement certificates of occupancy, and open meetings enforcement. HB 303 would remove the 501-resident floor so very small type A and B municipalities can convert to type C cities; HB 2742 would give property owners a later first split-payment deadline when tax bills are mailed after November 30; HB 3305 and HB 3348 were local provider participation fund measures with committee substitutes; HB 198 would require political subdivisions to offer occupational cancer screenings for firefighters; HB 1535 was a sunset bill for the Trinity River Authority; HB 4753 would allow a municipality-issued proof of a certificate of occupancy to substitute for a lost original; and HB 3711 would treat certain Open Meetings Act violations as offenses against public administration and require public explanation when prosecutors decline to act. Testimony was generally supportive or limited, with several witnesses and senators emphasizing practical fixes, firefighter health and cost savings, local government transparency, and administrative cleanup. For HB 198, firefighter representatives gave emotional testimony about cancer deaths and the value of early screening. On HB 3711, a witness supported the bill but urged stronger enforcement and broader application. Several senators raised policy concerns on HB 2715 about routing removal proceedings through a regional presiding judge rather than the local county, arguing it could politicize the process. The committee took no public testimony on most bills and repeatedly left them pending subject to call of the chair before later voting them out. HB 21, HB 30, HB 1535, HB 1520, HB 198, HB 303, HB 2742, and HB 4753 were reported to the full Senate, generally by unanimous or near-unanimous votes, and several were also recommended for the local and uncontested calendar. HB 30 passed on a 5-1 vote, while the other reported bills were approved unanimously or with no recorded opposition. The committee then recessed subject to the call of the chair.
TX

Texas 89th 2nd C.S.

Transportation Apr 24th, 2025

Transportation

Transcript Highlights:
  • Uh, the commission's set rates, enforce safety and accountability.
  • It should be based on, are you trained? Do you have the qualifications?
  • What that means it's power, but here for the greater good of the state, this should be based on training
  • It's all based on training and safety, isn't it? Yes sir. So if there was a consolidated.
  • Our major concerns were prostitution and human trafficking, elevated crime rates at truck stops as a
TX

Texas 89th Regular

Transportation Apr 24th, 2025

Transportation

Transcript Highlights:
  • And since then, it's kept up at those kinds of rates.
  • criteria for rating agencies.
  • It's a three-pronged formula, weighted equally: a third, a third, a third, based on lane miles, based
  • We've reduced our tax rate for 11 straight years, we're AAA rated.
  • They have not come up with this based on voter input.
TX
Transcript Highlights:
  • We conduct a rate study each year based on our analysis.
  • Reasonable is the basis for all rate-making regulations, and awarding rate case expenses to one side
  • If you do not conduct a cost-based analysis to back up a rate hike, then that constitutes a tax.
  • rate case expenses incurred in that rate case because utilities are able to recover those rate case expenses
  • utilities charge different rates based on customer types like residential, commercial, or industrial
TX
Transcript Highlights:
  • thing that investor-owned utilities have the ability to enforce is their tariffs, which are their rates
  • committee substitute makes it clear that these penalties that I always use to assess are not part of their rates
  • It's not going to affect their rate of return.
TX

Texas 89th Regular

Water, Agriculture, and Rural Affairs (Part II) Apr 14th, 2025

Water, Agriculture and Rural Affairs

Transcript Highlights:
  • Ed McCarthy. chairs in the rates OK. And we'll go and call up Ashley Myers as well.
  • The one thing that IOUs have the ability to enforce is their tariffs, which are their rates and their
  • the committee sub makes clear that these penalties that I always use to assess are not part of their rates
  • It's not going to affect their rate of return.
TX

Texas 89th Regular

Local Government (Part II) Mar 31st, 2025

Local Government

Transcript Highlights:
  • In fact, as a result of that deficit, Moody's last month downgraded the district's credit rating, stating
  • weeks, all we'll see in the marketplace is the competition for... ...managers is a demand for a higher base
  • This is all based upon if something's prohibited by state law, then they can't.
Summary: The meeting of the Senate Committee on Local Government was marked by significant discussions on multiple bills aimed at enhancing governance and protecting taxpayer interests. Among the notable legislations was SB1951, where Senator Paxton emphasized reforms to reduce erroneous penalty notices imposed by appraisal districts, eliminating the financial incentive for such penalties. The session concluded with public testimonies that highlighted the importance of transparency and accountability in taxpayer dealings. Additionally, Senator Middleton presented SB1504 and SB2237, focusing on the operational frameworks of local authorities and executive severance payments, respectively, both of which sparked considerable debate among committee members.
TX

Texas 89th Regular

Natural Resources (Part I) May 14th, 2025

Natural Resources

Transcript Highlights:
  • This bill would remake 105 years of rate making.
  • This bill would remake 105 years of rate making.
  • They know you're going to get a guaranteed rate of return.
  • That credit rating directly affects the interest rate that I pay a bank or the return that an investor
  • That rate is ultimately paid for by customers.
Summary: The Senate Committee on Natural Resources heard several House bills dealing with environmental regulation, oil and gas safety, landfill permits, and utility cost recovery. HB 1237, by Rep. Geren and sponsored by Sen. Zaffirini, would extend TCEQ occupational license renewal deadlines from 30 days to 90 days, allow renewal up to one year with higher fees, and require a new application after longer expiration; the committee substitute clarified that applicants may continue working only until renewal is approved or denied and set a 180-day cutoff for renewal. HB 3071, sponsored by Sen. Hancock, would require TCEQ to cancel certain long-dormant municipal solid waste permits; members discussed concerns about precedent, ownership changes, and whether the bill should be narrowed, and the bill was left pending with a committee substitute expected. The committee also heard HB 2663, sponsored by Sen. Birdwell, which would require operators of inactive oil and gas wells to remove or de-energize electrical equipment after 10 years and authorize Railroad Commission penalties for false compliance. Testimony from landowners, cattle raisers, and the Sierra Club supported the bill as a wildfire-prevention measure, and the bill was left pending. HB 4384, also by Rep. Darby and sponsored by Sen. Birdwell, would let natural gas utilities defer certain infrastructure costs for later recovery through the GRIP process; utility representatives supported it as credit-positive and consistent with existing accounting, while consumer advocates opposed it as increasing rates without enough oversight. The committee discussed possible amendments to add more cost controls, and the bill was left pending. Later, the committee voted HB 2563, the companion to SB 2510, favorably to the full Senate by a 5-0 vote and ordered it certified for the local and uncontested calendar. The committee then took up HB 143, which would codify interagency procedures for addressing electrical power line safety at well sites and related facilities after wildfire concerns; members said a committee substitute had been negotiated with agencies and stakeholders to clarify responsibilities, timelines, and inspection authority while reducing fiscal impact. No final vote was taken on HB 143, and the committee recessed with several bills still pending.