Video & Transcript Research : 'valuation increase'
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NM
New Mexico 2025 Regular Session
IC - Legislative Finance Nov 17th, 2025
Transcript Highlights:
- a little, but it was increased.
- By increased government support.
- One other piece that we haven't really addressed is the increase in insurances—the federal increase—and
- So even with an increase, even with an increase of $100 a week, if someone is working 40 hours a week
- There are two major cost drivers to that increase... increase of about $291,000 to sustain state of New
MN
Transcript Highlights:
- <00:30:19.000>
so over 470 you would see a tax increase so over 470 you would see a tax increase - <00:30:35.559>
that's use legal sees a tax increase that's use legal sees a tax increase that's - 25% that probably have a tax increase 25% that probably have a tax increase and<00:30:39.279>
- <00:35:38.960>
costs essential Services would increase costs essential Services would increase - The revenue increases, or is projected to increase, in fiscal 28 and 29.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Revenue Jun 21st, 2026 at 01:00 pm
Joint Committee on Revenue
Transcript Highlights:
- That was the last tobacco tax increase.
- When any state passed legislation increasing the excise tax on tobacco?
- 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.
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
Transcript Highlights:
- But every state agency votes on their increases.
- No increases beyond that. With that, Mr. Chairman, I would say... No increases beyond that.
- Are they trying to increase the size of Albuquerque?
- Are they trying to increase the size of Las Cruces?
- Chairman, has there been a cost increase?
MN
Minnesota 2025 1st Special Session
House Agriculture Finance and Policy Committee 3/3/25
Agriculture Finance and Policy
Transcript Highlights:
- how much is the what's the increase how much is the increase<00:30:25.799>
from <00:30:26.000> - <00:30:51.600>
um 343,000 so this bill would increase um 343,000 so this bill would increase - <00:31:23.360>
for request for an increase for request for an increase for a<00:31:25.159> - million gallons sold an 11% increase million gallons sold an 11% increase from from from 2023<01
- <01:21:38.400>
above would be a $1.5 million increase above would be a $1.5 million increase
Keywords:
HF770, Rural Finance Authority, RFA, capital investment, state bonds, general obligation bonds, bonding bill, agricultural loans, farm loans, beginning farmer, new farmer, seller-sponsored loans, loan restructuring, agricultural improvement loans, livestock expansion, modernization loans, rural development, Minnesota agriculture, farm credit, chapter 41B
MN
Transcript Highlights:
- In this forecast, increases in wages and salaries, though, is not a main driver of the increase in individual
- Rather, that increase is driven by increases in non-wage income, principally capital gains distributions
- 13:01.520>
increases <00:13:02.280>in increase is driven by increases in increase is driven - The increase is due primarily to an increased forecast for investment income, the return the state earns
- <00:47:38.360>
in and and the dramatic increases in and and the dramatic increases in productivity
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Ways and Means Jun 21st, 2026 at 11:00 am
Joint Committee on Ways and Means
Transcript Highlights:
- A 6% increase in Chapter 70 is great until you realize that we will receive a 2.3 Increase in Chapter
- Second, increase direct school aid.
- increased by 4.49 percent.
- increase as well.
- increase as well.
Summary:
The Joint Ways and Means Committee held its final public hearing on the FY26 state budget, with chairs and members emphasizing that public testimony would help shape the budget and asking speakers to keep remarks brief. Committee leaders introduced members, explained the hearing process, and repeatedly thanked residents, students, and advocates for participating. No votes were taken during the hearing.
Testimony focused heavily on education funding and the Chapter 70 formula. Students from Amherst, Northampton, Gateway Regional, Chester Elementary, and other districts described budget-driven cuts to electives, special education supports, paraprofessionals, counselors, transportation, and building maintenance. They urged higher Chapter 70 aid, increased minimum aid, rural school aid, and a reopening or restructuring of the funding formula, arguing that current formulas leave many districts unable to meet student needs and force local layoffs and overrides.
Other speakers urged funding or protection for a range of programs and facilities, including the Louis D. Brown Peace Institute for homicide survivor services, the Museum of African American History, the Massachusetts Commission for the Deaf and Hard of Hearing and CART/interpreter services, the Access to Counsel housing legal aid program, the Department of Mental Health and Pocasset Mental Health Center, and Pappas Rehabilitation Hospital for Children. One speaker opposed offshore wind-related spending and urged a reset of the state’s energy approach, while another advocated ending the aircraft sales tax exemption. Committee members responded sympathetically to many speakers, asked a few follow-up questions, and several expressed support for maintaining or expanding the programs discussed.
MN
Minnesota 2025-2026 Regular Session
House environment panel considers bill to establish year-round bass fishing season 4/1/25
Minnesota House Floor Meeting
Transcript Highlights:
- So, every year we've seen an increase, which is pretty amazing.
- largemouth bass per year has increased largemouth bass per year has increased by<00:05:11.759>
- <00:05:20.639>
The increase, which is pretty amazing.- The increase, which is pretty amazing.
- Is there any factors that were specifically attributing to the increase in populations?
- <00:05:20.639>
FL
Florida 2025 Regular Session
March 4, 2025 - 04:00 PM
Transcript Highlights:
- In the last 10 years, the amount has increased from 4,174. ...years, the amount has increased from $4,174.21
- to $5,406.69, or a 30% increase.
- -24 year, and also an increase in add-on FTE in 2023-24.
- is associated with the increase in the BSA that year.
- Those have increased over time.
Summary:
The Pre-K through 12 Budget Subcommittee met for its first meeting of the 2025 session and received an overview of add-on weights in the Florida Education Finance Program (FEFP), followed by a Department of Education presentation on a legislatively required study of add-on weight funding and expenditures. The chair explained that add-on weights apply to acceleration and career programs such as AP, IB, ACE, CAPE, dual enrollment, early graduation, and certain small-district needs, and noted that add-on funding has grown substantially as the base student allocation increased. The chair also raised concerns that the department’s report did not clearly show whether districts’ reported costs included the full costs required by the proviso, and asked for more specificity on any recommended adjustment to the weights.
Deputy Commissioner Suzanne Pridgen said the department surveyed districts on how they spent add-on revenue for fiscal years 2021-22 through 2023-24, with categories including teacher compensation, materials, equipment, professional development, exam fees, counseling, apprenticeship costs, and other expenditures. She said most add-on funds were spent on teacher bonuses and compensation, with AP, ACE, CAPE, and dual enrollment showing the largest increases in spending in 2023-24 due to higher FEFP funding; IB and early graduation were relatively flat. The department reported that add-on revenue covered between 41.8% and 79.2% of total program expenditures in 2023-24 and recommended adjusting add-on weights to better align with pre-2023-24 funding relationships, though no specific percentage was given during the meeting.
Members asked about how “other” expenditures were categorized, whether teacher compensation included only statutory bonuses, how dual enrollment tuition and fees were counted, the small district factor, and whether the weights incentivize districts to offer advanced programs. The department clarified that teacher compensation in the study referred only to bonuses, that some “other” costs included charter school payments and dual enrollment tuition/fees, and that the small district factor is 1.0277, increasing base funding by 2.77% for fiscally constrained counties. No votes were taken, and the meeting adjourned after the presentation and questions.
MN
Minnesota 2025 1st Special Session
Minnesota House passes environment and natural resources finance bill, SF2077 5/5/25
Minnesota House Floor Meeting
Transcript Highlights:
- So those requests had been $31 million in agency operating increases and $16 million in fee increases
- We agency spending in increase requests.
- Um fees which uh will will not increase.
- , uh those fee operating increases, uh those fee increases<00:09:17.680>
I <00:09:17.920>just - <00:09:48.959>
funding because we are not increasing funding because we are not increasing
NM
Transcript Highlights:
- It'll also increase The factor from its current 0.33 to 0.40, so increase the at-risk index, what is
- We're still dead last, despite a 60% increase in educational funding.
- Today I'm presenting House Bill 156, Increase Educational Salaries.
- That with salary increases on a regular basis.
- I believe it was one of the largest increases; the teacher pay increase was around 17%.
VA
Virginia 2026 1st Special Session
Commission on Unemployment Compensation Jul 9th, 2026
Transcript Highlights:
- With the total of $100 of increase that we've seen between the January increase and the July increase
- And that's just what our weekly benefit amount increase.
- And we're seeing this slight increase.
- And we're also experiencing these increased outflows through the weekly benefit amount increases.
- We're expecting due to unemployment increases, unemployment benefits increases, and other factors that
Summary:
The Commission on Unemployment Compensation met, established a quorum, and elected Delegate Destiny LeVere Bolling as chair and Senator Mike Jones as vice chair. The commission also adopted its electronic meeting policy and heard introductions from new members, staff, and officials from the Secretary of Labor’s office and the Virginia Employment Commission (VEC). Secretary Jessica Lumen outlined the administration’s workforce and labor priorities, including supporting workers, employers, and program transparency, while members raised concerns about business climate, job losses, labor participation, and the implementation of paid family and medical leave.
Staff provided legislative updates on recent unemployment-related bills. These included increases to the weekly unemployment benefit amount enacted in 2025 and 2026, a bill on labor dispute disqualification that changed how lockouts are treated for benefit eligibility, and a budget item providing $75,000 for actuarial support to the commission. The commission also discussed the 2025 work group on annual adjustments to weekly benefit amounts; staff reported that the work group did not complete its charge, and members agreed to revisit whether to reconstitute it at a future meeting. Delegate Martinez expressed support for continuing the work, and the chair said the issue would be taken up at the next meeting.
Deputy Commissioner Joanna Darkus gave a detailed presentation on Virginia’s unemployment insurance system, including current claims data, eligibility rules, employer tax structure, benefit levels, trust fund solvency, fraud prevention, and customer service operations. She reported that Virginia’s unemployment rate remains low, weekly claims are modest, the current weekly benefit range is $160 to $478, and the trust fund balance factor is projected at 50.9 percent, near the threshold for additional employer charges. Members asked about the taxable wage base, trust fund solvency, the effect of benefit increases, fraud controls, and the planned paid family and medical leave program. VEC said it is implementing that program through regulations, staffing, IT procurement, public listening sessions, and consultation with other states. A public commenter from the Virginia Poverty Law Center urged the commission to strengthen state investment in unemployment insurance and warned that federal support is uncertain. The commission then adjourned without taking further action.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Health Care Financing Jun 21st, 2026 at 01:00 pm
Joint Committee on Health Care Financing
Transcript Highlights:
- the personal needs allowance, which has not increased since 2008.
- Costs have risen over that time, and the asset limit must increase accordingly.
- Just a question that you said, the minimal increase for the state between, was it increasing the asset
- It's important that we get some kind of an increase.
- So there really has been no increase in the last 18 years.
Summary:
The Joint Committee on Health Care Financing held a public hearing focused largely on senior long-term care issues, family caregiving, post-acute care access, and direct care workforce pay. Testimony strongly supported bills to raise the personal needs allowance for nursing home and rest home residents (including H. 1411, S. 482, and related bills), with speakers from Mass Senior Action, Dignity Alliance, nursing home residents, providers, and former state officials arguing that the current $72.80 monthly allowance has been unchanged since 2008 and is inadequate for basic items like clothing, toiletries, haircuts, and transportation. Witnesses also backed bills to increase MassHealth asset and income limits for seniors and to stop counting life insurance as cash, describing the current rules as outdated and harmful to low-income elders.
The committee also heard testimony on bills allowing family members, including spouses and guardians, to be paid caregivers (H. 1394/S. 886), with supporters saying this would help families keep loved ones at home and reduce reliance on costly institutional care. Another set of bills (H. 1412/S. 903) drew support from a physician who said clearer MassHealth communication and improved post-acute care determination processes would help reduce delays and backlogs for patients awaiting skilled nursing, rehabilitation, or other post-acute placement. Several speakers emphasized that better home- and community-based care can prevent hospital readmissions and support independence.
A major portion of the hearing focused on S. 877, which would establish an enhanced care worker minimum wage of $25 per hour, indexed to inflation, for certain home care and human services workers. Union representatives and direct care workers from SEIU Local 509, 1199 SEIU, and the AFL-CIO described severe staffing shortages, burnout, low wages, and high turnover across home care, mental health, disability services, and crisis response. They argued that higher pay is necessary to recruit and retain workers and to stabilize services for vulnerable residents. Committee members asked about costs, comparisons with other states, and whether non-wage incentives could help, but witnesses repeatedly said wages were the central issue. The hearing concluded after all registered testimony was heard, with the committee noting it would continue accepting written testimony and then adjourning.
MN
Minnesota 2025-2026 Regular Session
Bill proposes Minnesota constitutional amendment to fund affordable housing 4/8/26
Minnesota House Floor Meeting
Transcript Highlights:
- We had a payroll tax increase. We're seeing property tax increases.
- We had a payroll tax increase. We're seeing property tax increases.
- We had a payroll tax increase. We're seeing property tax increases.
- We had a payroll tax increase. We're seeing property tax increases.
- We had a payroll tax increase. We're seeing property tax increases.
Summary:
The committee heard House File 3279, the “Our Future Starts at Home” constitutional amendment, which would ask voters to approve a 3/8 of 1% statewide sales tax increase to create a dedicated housing revenue stream. Chair Howard said the proposal is intended to address Minnesota’s housing shortage through predictable, long-term funding, estimated at about $400 million annually for 25 years, and would be administered through a council that would fund housing vouchers, rental and supportive housing, and affordable homeownership.
Supportive testimony came from coalition and nonprofit advocates, including Nelima Sitati Munene, Ben Helvick Anderson, Dakota Morgan, and Chris Berggren. They argued that Minnesota’s housing crisis requires permanent, sustained investment rather than one-time grants, and said the amendment could produce thousands of vouchers, supportive housing units, rental units, and starter homes over time. Testifiers also emphasized the need for community voice and lived-experience representation in how funds are distributed, and described the bill as a way to prevent homelessness and stabilize families statewide.
Several members raised concerns that the proposal would add another regressive tax burden on residents already struggling with affordability. Representatives Johnson, Nash, Dotseth, and Myers argued that sales taxes hit lower-income Minnesotans hardest and said the state should focus more on zoning, regulatory reform, and other cost reductions instead of new taxes. Chair Howard responded that housing costs themselves are already highly regressive and that both policy reform and public investment are needed. The bill was laid over and no vote was taken.
MN
Minnesota 2025-2026 Regular Session
Human services panel considers HF1005 3/4/25
Minnesota House Floor Meeting
Transcript Highlights:
- <00:08:35.159>
rates equivalent as well as increases rates equivalent as well as increases - <00:08:54.160>
these services these rates increases these services these rates increases these - >
all rate increases impact almost all rate increases impact almost all outpatient<00:08:57.279 - sent to the ER which L led to increased sent to the ER which L led to increased trust<00:12:57.440
- Health crisis and the increasing Health crisis and the increasing inability<00:21:08.200>
to<
Summary:
House File 105 was presented by Representatives Beerman and Baker and then laid over for possible inclusion in a future omnibus bill. The bill would implement the remaining mental health and physician service recommendations from DHS’s rate study, including raising certain Medicaid reimbursement rates to at least 100% of Medicare where a Medicare equivalent exists, increasing community-based children’s and adult mental health rates and behavioral health home rates, and phasing in additional increases over three years. The authors said the proposal also addresses master’s-level clinician reimbursement and fee-for-service hospital inpatient mental health services, and they emphasized that the changes are intended to improve access, transparency, and provider stability.
Both authors argued that low MA reimbursement rates are driving access problems across Minnesota, especially for children, families, and rural communities. They said providers are struggling to hire and retain staff, clinics are closing or shrinking, and patients are facing long waits, boarding in hospitals, or delayed care. Representative Baker said the issue is personal and described the bill as a phased, long-term approach because of state budget limits and the size of the cost, which he said is in the hundreds of millions but still awaiting a fiscal note.
Public testimony was strongly supportive overall. A family physician said higher rates would improve access, keep clinics open, and help patients avoid emergency care, while a Children’s Minnesota mental health leader described more than 1,200 pediatric boarding episodes in 2024 and said outpatient investment is needed to reduce pressure on emergency and inpatient services. A rural provider said her organization had to close an in-home children’s mental health program because of insufficient reimbursement, harming access in underserved counties. A psychologist testifying for the Minnesota Psychological Association supported the bill’s general direction but objected to repealing the pay differential for doctoral-level psychologists, arguing that doctoral training is more extensive and that eliminating the differential could worsen workforce shortages. After testimony and member questions about the bill’s scope and cost, public testimony was closed and the bill was laid over.
NM
New Mexico 2025 Regular Session
IC - Legislative Health and Human Services Jun 27th, 2025
Legislative Health & Human Services Committee
Transcript Highlights:
- Not every discrete rate got a 16% increase, but that's the average overall increase.
- We implemented the rate increases for the DD waiver and the medically fragile rate increases.
- Um, there seems to have been some expectation that we do rate increases or targeted rate increases in
- So as you implement rate increases, there's kind of like this ramp up that happens in terms of increased
- , and all increased COVID-related costs with no increase in their reimbursement.
HI
Hawaii 2025 Regular Session
FIN Info Briefing - Wed Jan 8, 2025 @ 9:00 AM HST
Hawaii House Floor Meeting
Transcript Highlights:
- event uh We've also increased event uh We've also increased participation<00:15:21.800>
at Department's mission to increase Department's mission to increase economic<00:20:12.600>uh <00:32:14.279>I'm on the big island would increase I'm on the big island would increase I'm - figures would look like if we increased figures would look like if we increased it<00:49:08.040>
- about insurance um rate increase about insurance um rate increase requests<01:14:01.320>
or
Summary:
The Committee on Finance held an informational briefing with the Department of Labor and Industrial Relations on its budget, staffing, and operations. The director reviewed department leadership and reported on recruitment and retention efforts, including a 14% vacancy rate, a 10.5% workforce increase from filling 189 positions, and the Hela Imua internship program, which has placed 516 interns since inception and led to 62 permanent hires. The department also described modernization efforts, including the UI Huakai project and the Disability Compensation Division’s electronic case management system, and said the unemployment compensation trust fund exceeded $71.5 million, triggering Schedule C for calendar year 2025.
The department’s main budget requests included $2.9 million for fiscal year 2026 to support maintenance and operations of the electronic case management system, plus restoration of two enforcement specialist positions. Officials said those positions are needed to address a decline in investigators from 11 to six since 2009, improve compliance, and handle Hawaii Compliance Express certificate work. Additional requests included two human resources specialists to address recruitment backlogs, two labor enforcement specialists to reduce a backlog of Chapter 104 prevailing wage and wage cases, and two positions for the Office of Community Services to expand immigrant services and access centers. The department also discussed federal funding for unemployment insurance and workforce programs, including National Dislocated Worker Grants and Workforce Innovation and Opportunity Act funds, and said some funding is received in increments and may require extensions.
Members asked about Kauai inspection coverage, federal funding uncertainty, the size of the special unemployment insurance fund, and whether the department could ramp up staffing during a future crisis. Officials said Kauai is currently served by inspectors from Honolulu and there are no plans to open a permanent island position because of staffing constraints. They said the department is meeting federal guidelines and is not in jeopardy, and that the special unemployment insurance fund has about $10 million, with current UI operations funded at a little over $15 million, meaning the fund may need to cover roughly $5 million if federal support declines. The director said the department would use the special fund to supplement shortfalls, but noted that federal funding cuts and the loss of ARPA support have already affected operations.
TX
Transcript Highlights:
- In addition we have have asked for a slight increase in funding because of the increase in complaints
- If you increase the basic allotment, if you increase any other aspect of the formula is you're going
- If we increase the basic allotment, we actually will increase by the way the statute's written, salaries
- increase would actually be able to also increase salaries. would be required to be used, at least that
- If you increase it, it would double it.
Summary:
The meeting covered various topics, but specific discussions and bills were not detailed in the available transcript. Despite the lack of documented debates or acknowledgments, it was noted that committee members were present, and there may have been attempts to address crucial legislative matters. The dynamics of the meeting suggested a standard procedural gathering where routine insights were likely shared among the attendees.
MN
Minnesota 2025 1st Special Session
Committee on Commerce and Consumer Protection - 01/30/25
Commerce and Consumer Protection
Transcript Highlights:
- <00:02:45.319>
from average premium saw 155% increase from average premium saw 155% increase - on top of normal cost premium increase on top of normal cost increases<00:07:47.520>
additionally - <00:07:57.159>
tax currently have access to increased tax currently have access to increased - we're expecting that number to increase we're expecting that number to increase as<00:09:15.160>
- <00:20:50.679>
the essential benefits are increasing the essential benefits are increasing
Summary:
The committee heard a reinsurance overview from Deputy Commissioner Julia Dryer of the Minnesota Department of Commerce on the Minnesota Premium Security Plan. She explained that reinsurance helps stabilize premiums in the individual market by reimbursing insurers for high-cost claims, and said Minnesota’s program has lowered premiums, preserved carrier participation, and helped maintain consumer choice. She warned that without continued funding, the program would be depleted and individual-market premiums could rise by about 25%, with potential losses in coverage and access to care. She also described the program’s structure under a federal 1332 waiver, the role of MCHA in administering the program, and the state’s receipt of more than $650 million in federal pass-through funds to date.
Dryer said the current program is funded through the end of 2025, though the federal waiver authority runs through 2027. The governor’s proposal would create a new assessment on insurers, estimated at roughly 2% to 3%, to fund the state share of the program and avoid another full waiver submission. She noted that the proposal assumes MinnesotaCare funding would be held harmless and that the program would be reduced if federal basic health plan funding were negatively affected. She also said projected costs changed because individual-market enrollment has grown and enhanced federal subsidies were removed from the estimate.
Members raised concerns about the proposal’s impact on premiums and the history of the fund. Senator Rasmusson argued the new assessment amounts to a large tax increase on health insurance and questioned who would be assessed and whether the surcharge would be capped. Dryer responded that the assessment would be based on annual claims experience and market conditions, with final amounts determined at the end of each year, not monthly. Senator Duckworth and Senator Frentz supported reinsurance as a way to keep premiums lower, while also questioning how the program should be financed. Senator Green asked about the mechanics of the assessment and the role of the department in setting it, and Senator H questioned why the fiscal note assumed 12% annual growth for program costs when general premium growth was lower. No vote or formal action was taken in the meeting.
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Dec 10th, 2025 at 08:35 am
Transcript Highlights:
- Usually, I come to you with a 6% increase or a 5% increase.
- So, we're bringing forward a 3% increase, and I'll dive into why I'm still recommending an increase in
- Again, helping us offset those in any compensation increase that we don't erase that with increases in
- So, no budget increases, but language is equally important to me.
- 52% increase in enrollment since 2021.