Video & Transcript Research : 'retirement offset'

Page 89 of 422
MN

Minnesota 2025 1st Special Session

Transportation committee approves HF5 1/22/25

Transcript Highlights:
  • bonus little LGA check, and it wasn't a lot, and so they spent it on largely road patching or to offset
  • bonus little LGA check, and it wasn't a lot, and so they spent it on largely road patching or to offset
  • bonus little LGA check, and it wasn't a lot, and so they spent it on largely road patching or to offset
  • c><00:26:56.919> patching<00:26:57.240> or<00:26:57.399> to<00:26:57.559> offset
  • largely Road patching or to offset largely Road patching or to offset existing<00:26:58.640>
Keywords: 1183, house
Summary: House File 5 was heard in the Transportation Committee and moved by the author, Representative Jim Joy, to be referred to the Tax Committee. Joy described the bill as a package to make Minnesota more affordable by fully eliminating the Social Security tax subtraction, ending the motor fuels tax indexing, repealing the retail delivery fee, and studying vehicle registration/license taxes compared with neighboring states. Committee fiscal staff explained the bill’s fiscal effects across the general fund, highway user tax distribution fund, transportation advancement account, and metro county sales tax allocations, including that the delivery fee repeal would reduce Transportation Advancement Account revenue and that the bill would shift some revenue sources to offset losses. Several stakeholders testified. The Minnesota Grocers Association strongly supported repealing the retail delivery fee, arguing it is costly and complex for retailers to administer, especially small businesses, and that the costs are ultimately passed on to consumers. The Minnesota Propane Association also supported repeal, saying the fee is burdensome for propane businesses, that only a small share of deliveries are actually subject to it, and that compliance costs can exceed the fee revenue collected. Fiscal staff noted that delivery fee revenue forecasts have fallen below earlier projections, and explained that the fee is imposed on sellers with several exemptions, including a $100 transaction threshold and exemptions for some sales such as bars, restaurants, nonprofits, and certain small businesses. Opposition came from local government groups. The League of Minnesota Cities said it supported the Transportation Advancement Account and its 2023 funding sources, including the delivery fee and motor vehicle parts sales tax, and warned that the bill would prematurely alter a funding structure that cities rely on for predictable transportation revenue. The Minnesota Association of Small Cities said small cities had long lacked dedicated transportation funding and wanted a stable, ongoing revenue stream, but were neutral on the exact source as long as it was reliable. Metro Cities echoed support for stable, predictable transportation funding for metro-area cities. The committee took testimony and discussion only; no final vote was recorded in the excerpt beyond the motion to refer the bill to the Tax Committee.
CA

California 2025-2026 Regular Session

Assembly Housing and Community Development Committee Jun 10th, 2026

Housing and Community Development

Transcript Highlights:
  • people building ADUs are everyday homeowners trying to house aging parents, support adult children, or offset
  • build accessory dwelling units, and as we pointed out then, there was and is still no provision to offset
  • And as we pointed out then, there was and is still no provision to offset these impacts as we incentivize
Keywords: 988, house, all
AR
Transcript Highlights:
  • Then we have the state foundation aid, and this is the state's portion to offset foundation funds that
  • Then we have the state foundation aid, and this is the state's portion to offset foundation funds that
  • And this is the state's portion to offset foundation funds that are not covered by the URT.
Summary: The House and Senate Education Committee first approved minutes from February 2 and 3, then took up an interim study proposal on adult education and the Excel Center model. Representatives from Goodwill Industries of Arkansas, the Excel Center network, and the University of Notre Dame’s Lab for Economic Opportunities testified that roughly 300,000 Arkansans over age 19 lack a high school diploma or GED, and argued that the Excel Center provides a supported diploma pathway for adults who struggle with GED testing. Witnesses highlighted wraparound services such as free child care, transportation assistance, tutoring, life coaching, and career services, and cited outcomes including high retention, growing enrollment, and research showing higher employment and earnings and lower criminal justice involvement for graduates. Committee members raised questions about the state’s role, existing adult education programs, and how the study would be structured; the motion to adopt the ISP passed, though there was some procedural disagreement about when questions should have been taken. The committee then heard a detailed adequacy funding overview from BLR staff Katie Walden and Adrian Beck on Arkansas K-12 education finance. They reviewed national funding principles and explained Arkansas’s system, including state and local revenue sources, the Public School Fund, the Educational Excellence Trust Fund, the Educational Adequacy Fund, and the Facilities Partnership Program. Staff said K-12 state and local revenues totaled $6.6 billion in 2025, with foundation funding making up the largest share of district and charter funding, followed by additional, categorical, and supplemental funds. They also explained the matrix-based foundation formula, the role of the uniform rate of tax, and how categorical and supplemental funds support areas such as alternative learning, English learners, special education high-cost cases, teacher salary equalization, declining enrollment, and student growth. Members asked several follow-up questions about how specific funding categories are defined and used, including student support staff, instructional aides, special education high-cost occurrences, ALE funding, teacher salary equalization, and the inclusion of Excel Center amounts in state-local funding totals. Staff said some of those details would be addressed in a later presentation and offered to provide additional records, including district lists and historical information. The meeting ended after the funding overview, with no additional votes or actions beyond the ISP adoption and adjournment.
AR
Transcript Highlights:
  • Then we have the state foundation aid, and this is the state's portion to offset foundation funds that
  • Then we have the state foundation aid, and this is the state's portion to offset foundation funds that
  • And this is the state's portion to offset foundation funds that are not covered by the URT.
Summary: The House and Senate Education Committee first approved minutes from February 2 and 3, then heard an interim study proposal on Arkansas adult education and the Excel Center model, presented by Goodwill Industries of Arkansas and the University of Notre Dame’s Lab for Economic Opportunities. Witnesses argued that about 300,000 Arkansas adults lack a high school diploma or GED and described the Excel Center as a diploma-granting public charter option for adults 19 and older, with wraparound supports such as child care, transportation, tutoring, life coaching, and career services. They said the Arkansas campuses are not state-funded, highlighted growth in enrollment and graduation outcomes, and cited research showing improved employment, earnings, and reduced criminal justice involvement for graduates. Committee members discussed the role of Goodwill’s nonprofit mission, the need for multiple adult education pathways, and the relationship between adult education challenges and broader state efforts such as LEARNS and ACCESS. The committee then debated the interim study proposal procedure, including whether questions should have been taken before the vote. The motion to adopt the ISP passed, and members noted that the study would broadly examine adult education, GED testing, high school diplomas, charter schools, in-person adult education, and funding allocation. Several members asked for follow-up information on current adult education funding, the availability of Excel Centers, and the criminal justice study results. After that, staff from the Bureau of Legislative Research gave a detailed adequacy funding overview for Arkansas K-12 education. They reviewed national funding principles and then explained Arkansas’s revenue streams and distribution system, including general revenue, the Educational Excellence Trust Fund, the Educational Adequacy Fund, local property-tax revenues, and facilities partnership funding. They also walked through the state’s foundation formula, categorical aid, supplemental aid, and additional funding, including the per-student matrix amount of $7,771 for 2025 and how funds are allocated to districts and charters. Members asked about student support staff, special education high-cost occurrences, ALE funding, teacher salary equalization, and the Excel Center’s treatment in funding totals; staff said some of those questions would be addressed in a later spending presentation. The meeting ended after the committee was told the department was present mainly to answer questions and no further business remained.
FL

Florida 2026 Regular Session

Appropriations Committee on Pre-K - 12 Education Feb 18th, 2026

Appropriations Committee on Pre-K - 12 Education

Transcript Highlights:
  • And we believe in the Senate that we should be taking active efforts to try to offset that as we're also
  • trying to get our arms around where students are. ...to try to offset that as we're also trying to get
  • I believe that it'll be enough to help offset current losses.
Bills: S1062, S1718, S7038
Summary: The Appropriations Committee on Pre-K-12 Education met to consider several education bills and the proposed fiscal year 2026-2027 Department of Education budget. The committee first took up CS/SB 1062 on speech and debate, which would formalize Florida’s Speech and Debate Week, strengthen the partnership between the Department of Education and the Florida Debate Initiative, require annual public reporting, and support statewide speech and debate programming. The bill drew extensive supportive testimony from students, alumni, and advocates who said debate improved civic engagement, literacy, confidence, and school performance, while also noting the need for equitable access and funding for travel and competition. The committee adopted a delete-everything amendment and then reported the bill favorably as amended by a unanimous vote of members present. The committee then heard SB 1718 on educator preparation and certification, which expands access to educator preparation coursework, broadens eligibility for temporary certification for some formerly certified professionals, and allows prior subject-area exam results to satisfy requirements. Public testimony largely supported easing barriers for experienced educators while emphasizing that certification changes are only a partial solution to teacher shortages and should be paired with better pay, retention, and professional respect. The bill was reported favorably. Next, the committee considered SB 7038 on education, which included a wide range of higher education and workforce-related changes, including a tuition waiver for Florida State Guard members, residency clarifications, oversight changes for blind services and vocational rehabilitation providers, licensure updates for private colleges, dual enrollment and assessment revisions, scholarship and funding changes, and reserve-fund requirements. An amendment restored the Classical Learning Test as a qualifying option for a grandparent tuition waiver, adjusted a Pell Grant performance metric, changed accreditation timing, and made other technical revisions. A dental education stakeholder raised concerns that one provision could disrupt long-standing exemptions for dental assisting programs, and the Florida Dental Association said it was working with the sponsor to avoid unintended impacts. The committee adopted the amendment and reported the bill favorably as amended. The final major item was a high-level review of the proposed pre-K-12 budget, totaling $34.9 billion with local funds. Highlights included $30 billion for public schools and K-12 scholarships, a $50 increase in the base student allocation, a 1.64% increase in total funds per FTE, $4.5 billion for family empowerment scholarships as a separate FEFP categorical, $25 million for districts facing future enrollment declines, $65.3 million to help districts with current-year enrollment losses, $432.8 million for VPK, and $30.4 million for regional education consortia. Senators asked about reductions or flat funding in some allocations, teacher pay, declining enrollment support, Schools of Hope funding, and support for non-teaching school staff. Public testimony on the budget focused heavily on concerns about charter and voucher funding, especially the $6 million for Schools of Hope, with speakers urging more investment in traditional public schools, teacher compensation, and school infrastructure. The committee concluded the meeting by adjournment after no further business.
FL

Florida 2026 Regular Session

Appropriations Committee on Pre-K - 12 Education Nov 19th, 2025

Appropriations Committee on Pre-K - 12 Education

Transcript Highlights:
  • it, when they did ask for funds back directly from the SFOs, and we looked at it when they would offset
  • When they would offset future amounts, when we said, well...
  • When they would offset future amounts, when we said, well, hey, where are the records associated with
Summary: The Senate Appropriations Committee on Pre-K-12 Education met for its first meeting of the 2025 session to hear the Auditor General’s operational audit on 2024-25 school funding accountability challenges, focused largely on the Family Empowerment Scholarship and its interaction with the FEFP. Deputy Auditor General Matthew Tracy described rapid growth in scholarship enrollment, timing mismatches between scholarship payments and public-school funding calculations, delayed membership survey processing, weak cross-check and recoupment procedures, inconsistent handling of parent survey responses, and limited documentation for withholding and returning funds. The audit said these issues contributed to funding inequities, duplicate-payment risks, and an unexpected draw on state education funds, and it recommended separating scholarship funding from the FEFP, aligning application windows with budget timing, strengthening controls and staffing, and creating clearer, documented recoupment and balance-limit processes. Committee members questioned whether current law gives the department and scholarship funding organizations enough authority and whether the system is effectively a pay-and-chase model. Several senators expressed concern about the lack of timely reconciliation, the size of the funds involved, and the absence of clear records showing how money was recovered or withheld. Adam Emerson, executive director of the Office of School Choice, said the department is working more closely with school districts and scholarship funding organizations, including pausing payments when districts identify students still enrolled in public schools, and said the office wants to improve the process. President Gates then previewed legislation he said would address the audit’s findings by funding Family Empowerment Scholarships as a separate FEFP categorical, expanding the Education Stabilization Fund, setting clearer application and acceptance deadlines, moving to monthly payments with eligibility verification before each payment, assigning student IDs for scholarship assistance, lowering SFO management fees, requiring annual audits, and requiring prompt return of audit-related funds. Public comment included a private-school attorney describing losses from unpaid scholarship amounts. Members generally supported the need for reform, with several senators saying the program should be preserved but better structured and more accountable. The committee adjourned after the discussion, with no vote taken on the legislation.
TX

Texas 89th 2nd C.S.

Land & Resource Management May 8th, 2025

Land & Resource Management

Transcript Highlights:
  • This is one way to offset a very small piece of that.
  • As it stands right now, a portion of that is taken up by impact fees or offset by impact fees.
  • Furthermore, we've never lowered our property taxes to offset impact fees. despite us having raised impact
MN

Minnesota 2025-2026 Regular Session

Taxes Committee Meeting - 2025-05-06

Taxes

Transcript Highlights:
  • picture, we wanted property tax refunds that put money directly in the pockets of Minnesotans to offset
  • haven't convinced you of those two factors, these are resources that local governments will use to help offset
  • This bill will help in a small but important way to offset the imbalance by making the public financing
CA
Transcript Highlights:
  • Another partnership is offsets. So we have an offset program.
  • There is a program in place where we share information to offset those liabilities. at the benefit of
Keywords: 988, house, all
MN

Minnesota 2025 1st Special Session

House DFL Press Conference 3/27/25

Transcript Highlights:
  • coverage keeps costs down for everyone, so we expect that initial 2.5-cent increase to be more than offset
  • coverage keeps costs down for everyone, so we expect that initial 2.5-cent increase to be more than offset
  • coverage keeps costs down for everyone, so we expect that initial 2.5-cent increase to be more than offset
Keywords: 1183, house
TX

Texas 89th Regular

Appropriations Feb 19th, 2025

Appropriations

Transcript Highlights:
  • Yeah That is what's referred to as the regular program offset.
  • So that particular B.A. offset does not actually directly affect special education. special education
  • Yes, and it would still be showing the CPI offset.
Keywords: 1184, house, all
CA

California 2025-2026 Regular Session

Assembly Utilities and Energy Committee May 5th, 2026

Utilities and Energy

Transcript Highlights:
  • disruption, and then used a collected mitigation fee for the use of non-CARB fuel, and used that to retire
  • And then also, you know, recognize that there may be some air quality degradation benefits that are offset
  • Also recognize that there may be some air quality degradation benefits that are offset by that.
Keywords: 988, house, all
FL

Florida 2026 Regular Session

Senate in Session Mar 11th, 2026

Florida Senate Floor Meeting

Transcript Highlights:
  • To the senators who are retiring this session, may God continue to provide you with opportunities to
  • Under this bill, those seniors whose only ID may come from their retirement center, they're no longer
  • I'm sitting here thinking about a lot of the seniors that use their retirement card or card they got
  • We're talking about student IDs, retirement center identification cards, to be able to vote for those
  • Current law also says retirement center identification, neighborhood association identification.
Summary: The Senate convened with a quorum, opened with prayer and the Pledge of Allegiance, and included several member introductions recognizing guests, interns, firefighters, and a doctor of the day. The chamber then moved to the special order calendar and began taking up a series of bills, often substituting House companions for Senate measures before final passage. The first major bill, health care patient protection, required hospitals with emergency departments to adopt pediatric emergency care policies, training, a pediatric emergency care coordinator, and readiness assessments; it passed 36-0. A public records bill protecting victim identities and temporarily exempting the name of a law enforcement officer who is a victim also passed after questions about access for victims of police misconduct, with a 33-4 vote. The Senate next approved a local government cybersecurity bill creating a state-administered program through Florida Digital Service to help counties and cities strengthen cyber defenses, with priority for rural and fiscally constrained governments; after amendments, it passed 37-0. A clerks of court bill allowing clerks to retain all revenue above projections and, through a House amendment, revising legal notice and traffic citation distribution provisions, passed 38-0 despite debate over impacts on municipalities and law enforcement. The chamber also passed a trademark modernization bill and a septic system permit bill intended to reduce delays for builders; the septic bill was amended to align the House and Senate versions and passed 38-0. The longest and most contested item was the elections bill, which updated citizenship verification procedures using REAL ID and state databases, changed candidate qualification rules, and altered election administration provisions. Numerous amendments were offered and rejected, including proposals to exempt certain seniors, preserve student and retirement-center IDs, allow attestations in place of documentary proof of citizenship, and require human review over automated systems. One amendment to delay implementation until July 1, 2027, was also debated. The transcript ends while debate is still underway on the elections measure, with no final vote shown in the excerpt.
CO

Colorado 2026 Regular Session

Colorado Senate 2026 Legislative Day 119 Part 2 May 13th, 2026

Colorado Senate Floor Meeting

Transcript Highlights:
  • 1426, I'm sorry, House Bill 261430's sunset, the state will revisit the issue and could extend the offsets
  • If 175 passes, this bill preemptively offsets its impact by cutting the very... ...offsets its impact
  • They were established to offset the substantial administrative, compliance, reporting, and tax collection
  • Yet We do not collect taxes to help offset that wear and tear. They kind of are getting a pass.
  • They were established They were established to offset substantial administrative compliance, reporting
Keywords: 981, all
HI

Hawaii 2025 Regular Session

AGR Public Hearing - Wed Jan 29, 2025 @ 9:30 AM HST

Agriculture & Food Systems

Transcript Highlights:
  • We're asking for $4.4 million to offset $5.6 million, so it's an immediate return on investment.
  • In addition to that, we have about 40% of our revenues offsetting debt, so as a result we can't put money
  • 57.120> to million we're asking for 4.4 million to million we're asking for 4.4 million to offset
  • 5.6 million so it's an immediate offset 5.6 million so it's an immediate return<00:12:01.160> on<
  • debt so as a result we can't offsetting debt so as a result we can't put<00:12:10.720> money<
Keywords: 910, house, all
HI

Hawaii 2025 Regular Session

EEP Public Hearing - Thu Apr 10, 2025 @ 9:00 AM HST

Energy & Environmental Protection

Transcript Highlights:
  • stabilize that issue around climate is to make the polluters who actually caused the problem help pay and offset
  • actually caused the problem um, help pay actually caused the problem um, help pay and<00:42:30.319> offset
  • 30.800> costs<00:42:31.200> that<00:42:31.599> our<00:42:31.839> local and offset
  • costs that our local and offset costs that our local residents<00:42:32.560> have<00:42:32.960
Keywords: 910, house, all
Summary: The Committee on Energy and Environmental Protection heard a series of Senate resolutions focused largely on climate, sustainability, public health, and energy policy. Measures discussed included integrating Native Hawaiian and indigenous knowledge into climate policy (STR 93), creating a temporary working group to investigate the dangers of POS (STR 103), studying the feasibility of a green bonds program (STR 110), declaring a public health emergency related to climate change (STR 111), affirming the importance of marine ecosystems to decarbonization goals (STR 115), encouraging adoption of recommendations from the UN global plastics treaty and Rapanui summit declaration (STR 132), convening a geothermal energy working group (STR 136), affirming support for the Aloha Plus Challenge (STR 183), and encouraging insurers to pursue subrogation claims against polluters to reduce costs for residents (STR 198). Testimony was overwhelmingly supportive on most measures, with support coming from agencies such as the Office of Hawaiian Affairs, Hawaii State Energy Office, DLNR, PUC, Board of Water Supply, Hawaii Public Health Institute, Hawaii Green Growth, and numerous advocacy groups and individuals. STR 111 drew both support and opposition, with supporters arguing climate change is a public health emergency and opponents disputing the underlying science and urgency. STR 136 also drew mixed testimony, including support from state agencies and one opposition submission from the Environmental Caucus of the Democratic Party of Hawaii. Several witnesses emphasized indigenous knowledge, climate justice, public health impacts, and the need for coordinated state action. Supporters of STR 93 said Native Hawaiian and indigenous knowledge has sustained communities for generations and should be woven into Hawaii’s future climate decision-making. Supporters of STR 111 described climate change as a threat multiplier affecting heat illness, mental health, displacement, wildfire impacts, and food insecurity, while opponents argued the resolution overstated the issue. Testimony on STR 183 highlighted the Aloha Plus Challenge as a statewide sustainability framework with regional influence across the Pacific, including Guam, and stressed its role in tracking progress toward 2030 goals. On STR 198, supporters argued that polluters should help pay for climate-related costs borne by residents and insurers. After testimony concluded, the committee moved into decision-making and adopted the chair’s recommendation to pass STR 93, SD1 unamended by roll call vote, with the chair, vice chair, Rep. Kahaloa, and Rep. Kush voting aye and Rep. Quinnland excused. The transcript then begins the committee’s action on STR 103, SD1, with the chair again recommending passage as is, but the remainder of the vote is cut off in the provided record.
MN
Transcript Highlights:
  • partnerships in mind so that we can give those groups like the Minnesota Vet Association tools to help offset
  • /c><00:37:00.839> tools<00:37:01.720> to<00:37:02.000> help<00:37:02.280> offset
  • vet Association tools to help offset vet Association tools to help offset their<00:37:03.319>
Keywords: 1183, house
NH

New Hampshire 2026 Regular Session

House Resources, Recreation and Development (01/14/2026)

Resources, Recreation and Development

Transcript Highlights:
  • I'm retired from the aerospace defense industry and the past president of the Northwood Lake Watershed
  • Our ownership began in 1972 when we retired our first 78 acres.
  • Our ownership began in 1972 when we retired our first 78 acres.
  • Um so this fee will um will help<05:40:57.200> to<05:40:57.360> offset<05:40:57.920>
  • But the part will help to offset that.
Keywords: 1189, house, all
ND

North Dakota 2026 1st Special Session

Human Services Committee May 27th, 2026 at 09:00 am

Human Services

Transcript Highlights:
  • It's now retired, but it's left the program very, very robust.
  • It's now retired, but it's left the program very, very robust.
  • At this point, with a couple years from retirement, hoping, I can really brag about our staff and how
  • maintaining staffing levels for infant and toddler classrooms, recruiting and retaining staff, offsetting
  • And I would just like to say, I hear you're retiring, and I want to congratulate you because you've testified
Keywords: 908, all
AZ

Arizona 2026 Regular Session

02/18/2026 - House Government

Government

Transcript Highlights:
  • , Chairman Blackman and committee members, I want to introduce a constituent slash friend who's a retired
  • Constituent slash friend who's a retired veteran, and I've had the privilege and honor of knowing him
  • That's my understanding from a retired family court judge, is that the judge can basically That's my
  • understanding from a retired family court judge, is that the judge can basically decide on his or her
  • that's on an expedited schedule, that 90-day window to notify the telecom utilities might, you know, offset
Keywords: 1182, all