Video & Transcript Research : 'volume cap'

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FL

Florida 2026 Regular Session

Finance and Tax Dec 3rd, 2025

Finance and Tax

Transcript Highlights:
  • It's really about volume as opposed to one at a time.
  • They are capped.
  • And again, those caps coming into play.
  • They are capped, you know, last year was 3%.
  • And again, those caps coming in play. and I guess my Again, those caps coming in play.
Summary: The Committee on Finance and Tax met with a quorum present and heard a presentation from the Property Appraisers Association of Florida on ad valorem valuation, exemptions, and the property tax process. Lauren Levy reviewed the legal and historical framework of Florida property taxation, including Save Our Homes, the 10% cap on non-homestead assessments, portability, tangible personal property exemptions, TRIM notices, and the distinction between taxable value and millage rates. He emphasized that property appraisers are independent constitutional officers who assess just value, administer exemptions, and are overseen by the Department of Revenue, with values and exemptions generally determined as of January 1 and subject to challenge through the Value Adjustment Board or circuit court. Mike Twitty described the mass appraisal process in Pinellas County, explaining how property appraisers value large numbers of parcels using the same core approaches as fee appraisals but with statistical testing, field reviews, aerial imagery, and technology. He discussed the importance of budget, staffing, and the January 1 valuation date, and noted that recent hurricanes caused significant damage, increased petitions, and required new procedures to help property owners with value reductions and FEMA-related issues. Paul Polk focused on Department of Revenue oversight, explaining sales ratio studies, uniformity measures such as COD and PRD, time adjustments, sales qualification reviews, and in-depth studies that can lead to corrective action if assessment standards are not met. He also noted that the Department reviews property appraiser budgets to preserve independence from county pressure. Senators asked about the supersized homestead concept, DOR review and rejection standards, value trends, and the impact of storms and new construction on taxable value. Twitty and Polk said value growth has been driven by a mix of new construction, market appreciation, cap resets, and storm-related adjustments, while noting that some counties saw market value decline even as taxable value rose. They also said some property tax relief proposals would be easier to implement than others depending on how local tax bills are structured, especially where law enforcement millage is separately identified. No votes were taken on legislation, and the committee adjourned after the presentation.
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Transcript Highlights:
  • What's the point of increasing the cap from $75,000 to $300,000 for a home-based business?
  • I mean, notice there wasn't a cap on those. I'm just trying to figure what food that is.
  • So my bill doesn't change any of that other than the caps on those categories.
  • And so increasing the cap allows people to grow these businesses larger.
  • The current volume of waste that they're permitted at is about 410,000 tons.
Keywords: 914, all
HI

Hawaii 2025 Regular Session

ECD Public Hearing - Wed Feb 12, 2025 @ 10:00 AM HST

Economic Development & Technology

Transcript Highlights:
  • proposed amendments remove<00:14:31.839> the<00:14:32.000> aggregate<00:14:32.560> cap
  • <00:14:32.920> increase<00:14:33.880> so remove the aggregate cap increase so remove
  • the aggregate cap increase so that<00:14:34.199> we<00:14:34.320> would<00:14:34.480><
  • aggregate cap is met.
  • of 75% to of that there's a second cap of 75% to us<00:46:02.880> so<00:46:03.079> that
Keywords: 910, house, all
Summary: The Committee on Economic Development and Technology heard testimony on HB 976, a measure related to incentives for renewable fuels, including renewable diesel and sustainable aviation fuel. Supporters said the bill would help close the cost gap between renewable and conventional fuels, strengthen Hawaii’s energy security, support climate goals, and encourage local economic development. Testifiers from Pono Pacific, PAR Hawaii, Hawaiian Electric, Hawaiian Airlines/Alaska Airlines, the Hawaii Department of Transportation, Pacific Biodiesel, Aloha Carbon, and others described ongoing or planned projects, local feedstock development, and potential benefits for agriculture, waste diversion, and emissions reductions. Several testifiers also discussed proposed amendments. The Hawaii Renewable Fuels Coalition said it wanted to remove the import tax credit, eliminate the aggregate cap increase to avoid additional state funding, and revise local-production language to rely on a carbon-intensity threshold rather than location-based preferences. The Tax Foundation of Hawaii raised technical concerns about the bill’s administration, including prorating credits if the cap is exceeded and the feasibility of a 30-day filing window. Some supporters urged keeping solid waste, including construction and demolition debris, as eligible feedstock, while Energy Justice Network opposed that approach and also urged removing GMO-related language and waste-based feedstocks because of environmental and toxic emissions concerns. Opposition testimony focused on the bill’s cost and feasibility. Energy Justice Network and Ted Metros argued the measure could become a large subsidy for a refinery and questioned whether Hawaii has enough land and water to produce meaningful quantities of biofuel locally. Metros also criticized the refundable credit structure and said the state should not bear the cost for what he described as a benefit largely tied to tourism and imported fuel. No vote was taken during the portion of the hearing provided; the chair later noted the committee had received 13 testimonies in support, 18 in opposition, and seven comments, and then invited further discussion on cost allocation and lowering caps to broaden participation.
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:
  • No paper forms; impractical due to the volume.
  • So they were very mindful of the cap limitation, so that was neat to see. The cap limitation.
  • long as it didn't push the total county cap past 3%?
  • However, it wasn't a 3% cap that drove that down.
  • So that's that 3% cap. The allowable percentage cap adjustment. So that's that 3% cap.
Keywords: 908, all
MN

Minnesota 2025 1st Special Session

House Commerce Finance and Policy Committee 2/25/25

Commerce Finance and Policy

Transcript Highlights:
  • off sales uh there was a growler cap off sales uh there was a growler cap that<00:20:13.320>
  • They are capped on the amount that they can produce.
  • That rate cap will save organizations roughly $14 million per year.
  • Is there a cap on that? Mr. Chair, Representative, there's not a cap on that.
  • Thank you. year is there a cap on that or Miss Wade year is there a cap on that or Miss Wade Mr<01:36
Keywords: 1183, house
AZ

Arizona 2026 Regular Session

02/17/2026 - House Natural Resources, Energy & Water

Natural Resources, Energy & Water

Transcript Highlights:
  • or the source of water that's prohibited for storage in this act, from both Colorado River water and CAP
  • water to just CAP water.
  • water that is otherwise transported by way of the CAP aqueduct.
  • However, this bill, and I know it's a work in progress, would threaten our ability to use CAP water,
  • contractor can order their water from CAP was stricken from the bill.
Summary: The committee heard a series of water, energy, housing, and environmental bills, with several measures amended before passage. House Bill 2099, as amended, would limit long-term storage credits and related CAP water storage during declared Colorado River shortages; water utilities, CAP, Phoenix, and other water interests raised concerns about flexibility, contracts, and the law of the river, while the sponsor said the bill was intended to address shortage conditions. The committee adopted the Griffin amendment and passed the bill 6-3. House Bill 2263, also amended, would restrict where Colorado River water diverted for replenishment in an AMA may be stored; CAP, tribal counsel, and AMWA opposed it as too restrictive and potentially excluding existing facilities, but the bill passed 6-3 after amendment. House Bill 2264, requiring the University of Arizona to promote Arizona history and the five Cs through the mining museum, passed unanimously. House Bill 2330 and House Bill 2341, both concerning certificates of environmental compatibility for energy projects, passed 6-3 after amendments expanding siting factors to include character of an area and known off-takers, respectively. House Bill 2918, which would end certain tax benefits for renewable energy and storage equipment after 2026, also passed 6-3. House Bill 2889, appropriating $1 million for uranium contamination monitoring and a statewide registry with tribal epidemiology partnerships, passed unanimously after discussion about moving the program to ADEQ and adjusting the reporting date. House Bill 2492, which would bar state and local urban growth boundaries that prevent new development, passed narrowly 4-3 with one present and two absent. House Bill 2782, focused on utility rate transparency and regulatory assets, passed 5-3 after a late amendment and a motion to suspend committee rules for amendment distribution. House Bill 4025, creating a study committee on gasoline and petroleum refineries, passed 6-3, and HCR 2057 supporting a geothermal permitting roadmap passed unanimously. HCR 2020, supporting housing developments outside designated service areas under certain groundwater conditions, passed 6-2. House Bill 4100, requiring notice to customers about potential water-rate increases if CAP water is lost, drew concerns about public confusion and negotiation impacts; testimony from municipal water users opposed the bill as too speculative and difficult to implement, and the transcript ends while that bill is still under discussion.
TX

Texas 89th Regular

Transportation Apr 24th, 2025

Transportation

Transcript Highlights:
  • transports so much freight that it would take over 20 million trucks on Texas highways to replace the volume
  • You may hear that there's a cap on our revenues, but there's no cap on our contributions.
  • DART provides all the tertiary benefits that all North Texas residents enjoy, such as lower traffic volume
TX

Texas 89th Regular

Intergovernmental Affairs Apr 15th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • Second, we're putting a cap on fees.
  • However, to safeguard against any drastic changes, HB 386 also places an additional cap for projects
  • The current statutory cap on contract change orders is outdated and too restrictive, particularly for
  • Right now, there's a hard cap on how much flexibility these counties and school districts have when a
  • Any amount that goes over that cap, you have to submit a change order.
TX

Texas 89th Regular

Intergovernmental Affairs Apr 15th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • In my professional capacity, I work at a place where there is a very high... ...volume of scooters, and
  • Right now, you're capped at 3.5% unless you go to a voter approval rate under Chapter 26 of the tax code
  • But right now they're capped at 3.5%. I don't know if they went to 3.5% last year.
  • I think the three and a half percent revenue cap that was passed, I think, in 2020, you know, I certainly
TX

Texas 89th Regular

Transportation Apr 2nd, 2025

Transportation

Summary: The committee meeting focused on two primary bills, SB1598 and SB1493. SB1598, introduced by Senator Hagen Booth, addresses the clarity of collision report information access for law enforcement, aiming to enhance the tools available to police agencies across Texas for solving crimes. The meeting featured strong support from police representatives, including Sheriff Brian Hawthorne of Chambers County, who emphasized the significance of the CARFAX program for police in facilitating access to vital vehicle information, free of charge. Public testimony reflected a consensus on the necessity of the bill for improved investigatory processes.