Video & Transcript Research : 'premium structure'

Page 98 of 495
MN
Transcript Highlights:
  • bill is part of the overall governor's budget, the governor's budget cuts about one-half of the structural
  • cuts about one half of the uh budget um cuts about one half of the 28 28 28 29<00:02:31.400> structural
  • imbalance which is almost 29 structural imbalance which is almost 4<00:02:33.400> billion<00:
  • <01:02:25.960> conflict what I believe is a structural conflict what I believe is a structural
  • trying to solve the budget uh structural trying to solve the budget uh structural deficit<01:31:
Keywords: 919, house, all
Summary: The committee took up House File 2437, the governor’s proposed tax bill, and first adopted the A25-Z42 amendment to put the bill in the desired shape. Commissioner Paul Marquardt of the Department of Revenue then presented the bill as part of Governor Walz and Lieutenant Governor Flanagan’s budget, describing it as a response to budget pressures that would make the tax system more fair and stable while supporting economic development and jobs. Marquardt walked through the bill’s major provisions. These included sustainable aviation fuel policy, repeal of K-12 education credit assignment, elimination of the political contribution refund, expansion of the research and development credit, short-line railroad infrastructure modernization, changes to the state airport fund levy, replacement of attachments and appearances with distribution systems, a narrow personal property tax exception for low-income housing tenants, reduced aquatic invasive species aid, and a 34% reduction in PILT payments. He then focused on the sales tax article, saying it would lower the statewide rate by 0.75% while expanding the base to selected professional services such as accounting, banking, brokerage, and legal services, with business-to-business transactions exempt. He said the proposal would be effective for sales and purchases after September 30, 2025, and estimated a first-year rate-cut impact of about $99 million versus $215 million from the service expansion, while arguing that most households would see a net tax cut. He also noted other changes such as landlord penalty adjustments, a 30% reduction in sustainable aviation fuel incentive payments, repeal of local government cannabis aid, and repeal of the tax filing modernization account. Public testimony began with Kyle Playford of the Financial Planning Association of Minnesota, who strongly opposed the proposed sales tax on professional services, especially financial planning. He argued that financial planning is an essential service for retirement, investment, and long-term financial security, and said the tax would raise costs for consumers, reduce access for middle-class families, small business owners, and retirees, and put Minnesota firms at a competitive disadvantage. The chair then indicated that additional public testimony would continue before member questions.
MN
Transcript Highlights:
  • It's structured in this case as a grant, but it's kind of in that same pot of we'll get to it in the
  • in this case as a grant, it's structured in this case as a grant, but<00:14:21.079> it's<00:14
  • and equity inequities in the form of economic resources, family structure, and health.
  • due to structural and equity inequities<00:41:13.640> in<00:41:13.720> the<00:41:13.800
  • resources, family structure, and health. resources, family structure, and health.
Keywords: 1183, house
ND

North Dakota 2026 1st Special Session

Advanced Nuclear Energy Committee Apr 22nd, 2026 at 09:30 am

Advanced Nuclear Energy Committee

Transcript Highlights:
  • We love to do the research, but space is at a premium.
  • We love to do the research, but spaces at a premium.
  • planned to be an exterior yard that is climate-controlled in here as well, with those additional structures
Keywords: 908, all
NV

Nevada 2025 Regular Session

Senate Floor Session Jun 2nd, 2025 at 12:00 pm

Nevada Senate Floor Meeting

Transcript Highlights:
  • companies simply cannot afford the risk or cost of doing business in Nevada without updated rate structures
  • companies to work with, while Nevadans are left with fewer choices, less competition, and rapidly rising premiums
  • With only one or two carriers left, consumers may face double or even triple the premiums they're paying
Keywords: 909, all
HI

Hawaii 2026 Regular Session

EDU Informational Briefing 01-30-2026

Hawaii Senate Floor Meeting

Transcript Highlights:
  • <00:51:06.559> to<00:51:06.960> com<00:51:07.200> to you don't have the structure
  • to com to you don't have the structure to com to continue<00:51:08.000> to<00:51:08.240> upgrade
  • It's the structural.
  • <01:20:38.320> It's<01:20:38.480> the<01:20:38.719> structural.
  • It's the structural. It's just topic. It's the structural.
CA
Transcript Highlights:
  • Supported payments to administer outside of the contract structure.
  • However, the single rate structure is a little different. This is the stage we are now in.
  • ... ...is established under the single rate structure are important to have.
  • And where is the balance do you believe in terms of balancing what we know... ...are some structural
  • So we continue to strongly oppose the IHSS cost shift, which undermines the existing fiscal structure
Summary: The Assembly Budget Subcommittee on Human Services held a hearing on the Governor’s May Revision, with no votes taken. The first major topic was child care and early education, where the Department of Social Services and Department of Finance outlined proposed changes to absorb federal Child Care and Development Fund and Proposition 64 revenue reductions, shift some funding between child care programs, end funding for prospective pay implementation now that the federal requirement has been rescinded, adjust the alternative payment administration structure, and fund child care infrastructure grants and a Low-Income Investment Fund contract closeout. The Legislative Analyst’s Office said the budget makes progress on the structural deficit but recommended maintaining the administration’s solution level, making reserve deposits, and avoiding new ongoing commitments; it also raised concerns about shifting reductions to the California Alternative Payment Program and about the proposed administrative-rate change. Committee members strongly criticized the proposed loss of child care slots and said they would oppose eliminating those slots, while also expressing support for child care as essential infrastructure. The committee then reviewed California State Preschool Program proposals. Finance and CDE described reductions to the preschool COLA from 2.41% to 2.01%, removal of prospective pay funding, and increases for the QRIS block grant, audit support, and rate reform implementation. Trailer bill language would codify age-based rate categories, inclusion-rate documentation, family fee collection rules, portability, and excused absences. CDE supported the QRIS increase and some attendance and family-fee changes, but warned that aligning three- and four-year-old rates could reduce support for three-year-olds and that the budget does not fully cover enrollment growth. Members also questioned whether the preschool and child care slot reductions should be reallocated rather than terminated, and the administration said the reductions were intended to reflect current utilization and avoid harm to currently enrolled families. The hearing then moved to CalFresh and nutrition programs. CDSS said the May Revision includes a one-time CalFood augmentation, funding to cover federal SNAP administrative cost-share pressures, and additional staffing and technical assistance to implement HR 1 changes, including the able-bodied adults without dependents time limit and new non-citizen eligibility rules. The department estimated HR 1 could cut CalFresh funding by $2.3 billion to $3.7 billion annually and affect about 500,000 people, with roughly 806,000 adults potentially subject to the time limit and about 34,000 non-citizens expected to lose eligibility once fully implemented. Members pressed for stronger harm mitigation, including a $98 million backfill to protect families from losing food benefits, and raised concerns about county workload and the “chilling effect” on immigrant participation. The final portion of the transcript began the IHSS presentation, noting a revised budget of $33.7 billion total funds and $12.8 billion General Fund, with proposed reductions tied to Medi-Cal asset-limit changes and other federal conformity items.
NM

New Mexico 2025 Regular Session

IC - Revenue Stabilization and Tax Policy Sep 30th, 2025

Revenue Stabilization & Tax Policy Committee

Transcript Highlights:
  • As a result, the taxation of hospitals is much more equitable, regardless of their ownership structure
  • If you're structured under a coinsurance model, your payment is still taxable, while the insurance payment
  • One of the issues embedded in this structure about...
  • Those are regulated by the federal government, and any state law cannot regulate the payment structure
  • There's pay structures, there's other taxes such as income taxes, and there's provider taxes that vary
TX

Texas 89th 2nd C.S.

Human Services Apr 15th, 2025

Human Services

Transcript Highlights:
  • , then I think everyone who has any form of state insurance, if, if, if you're paying for it at a premium
  • The public nature of these entities is not merely my opinion, it's embedded in the statutory structure
  • It was just basic operating structure of an organization. Thank you.
  • This bill aligns with responsibilities to reflect the agency's current organizational structure.
  • When creating new assisted living facilities or seeking to modify an existing structure.
TX

Texas 89th Regular

Human Services Apr 15th, 2025

Human Services

Transcript Highlights:
  • For it at a premium, or you're getting it for free, and you're not eating healthy, you should take their
  • The public nature of these entities is not merely my opinion; it's embedded in the statutory structure
  • It was just basic operating structure of an organization. Thank you. Jennifer Tharp. Yes, ma'am.
  • This bill aligns with responsibilities to reflect the agency's current organizational structure.
  • When creating new assisted living facilities or seeking to modify an existing structure, the applicant
FL

Florida 2026 5th Special Session

FL House Floor Session - 2026-06-02 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • So that taxing structure will be decimated.
  • and non-structural measures to protect our communities from flooding.
  • There also is work in structural and non-structural flood protection and helping to support some of the
  • There also is work in structural and non-structural flood protection and helping to support some of the
  • Members, we're going into structured debate on CS for H.J.R. 1F.
Summary: The House took up the special order calendar for a proposed constitutional amendment on property taxes, CS/HJR 1F, which would create a new homestead exemption for non-school taxes, lower the annual assessment cap on non-homestead property, and restrict how counties and municipalities may use ad valorem tax revenue. The sponsor, Rep. Overdorf, said the measure would give homeowners tax relief and argued local governments could adjust spending or use other revenue sources. Opponents repeatedly questioned the ballot language, the lack of a fiscal estimate or backfill, and the potential impact on local services, public safety, and debt obligations. The House adopted the special order report and then debated the resolution and a series of amendments. Several amendments were offered to carve out or protect specific services from the tax changes. Rep. Bartleman’s amendment to protect Children’s Services Councils and Children’s Trusts was supported by members who said those entities fund early learning, mental health, aftercare, and other services for children and working families, but it failed 25-74. Rep. Cross offered an amendment to include water management districts in allowable ad valorem uses, warning of impacts on flood control, water quality, Everglades restoration, and water supply; that amendment also failed. Rep. Eskamani offered an amendment requiring the Legislature to backfill public safety funding if local revenues fall, arguing police and fire services, staffing, and response times would be at risk; it failed 25-71. The chamber then rejected Rep. Woodson’s amendment to require state backfill for senior services, with supporters citing Meals on Wheels, transportation, adult day care, and other local senior programs, and opponents saying the proposal was outside the bill’s scope. Finally, Rep. Gant offered an amendment to protect veteran services, saying local governments fund housing, mental health, transition, and family support programs for veterans; debate emphasized the importance of honoring veterans and avoiding cuts to those services. The transcript cuts off during debate on that amendment, before a final vote is shown.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 1/21/25

Taxes

Transcript Highlights:
  • Tax expenditures are structured differently from expenditures of finance or appropriation committees.
  • <00:10:07.560> differently<00:10:07.880> from are structured differently from are structured
  • Williams, Chair Davids, and Representative Harder, our bracket structure and other provisions in our
  • Likewise, our bracket structure—the married joint brackets—are not double what they are for single filers
  • You know, the biggest marriage penalty in our tax code was from the bracket structure, so that credit
Keywords: 1183, house
Summary: The House Tax Committee met for an organizational and orientation session. Members and staff introduced themselves, with several lawmakers noting their districts, business backgrounds, and interest in tax policy. Chair Greg Davids then opened the committee’s first substantive item: a presentation from House Research and House Fiscal staff on how the committee works and on basic tax concepts. House Research staff Sean Williams and Chris Clayman explained their roles in drafting bills and amendments, writing bill summaries, answering legal and policy questions, and modeling tax proposals. They also described the committee’s key documents, including partisan and nonpartisan bill summaries, revenue estimates, fiscal notes, and supporting materials. Their presentation covered core tax concepts such as tax bases, rates, deductions, exemptions, credits, tax revenues, and tax expenditures, emphasizing that tax expenditures function like spending through the tax code and are reviewed by a legislative commission. The staff then reviewed Minnesota’s major taxes, focusing on the individual income tax and business taxation. They explained that Minnesota’s individual income tax starts with federal adjusted gross income, then applies state additions, deductions, subtractions, and credits, and that the state’s income tax brackets and rates are set separately from federal law. They also outlined the difference between corporate franchise taxes for C corporations and individual income tax treatment for pass-through entities, and discussed how the federal SALT cap led Minnesota and other states to adopt pass-through entity taxes so businesses could preserve federal deductibility of state taxes. Members asked questions about a duplicate “marriage penalty” entry on a slide, the purpose of Minnesota’s marriage penalty credit, comparisons with other states, and the timing and effect of the pass-through entity tax; staff answered that the duplicate was a mistake, the credit offsets bracket-related marriage penalties, and the pass-through entity tax was adopted in response to the federal SALT cap.
AL

Alabama 2026 Regular Session

Alabama House Ways and Means Education Committee Mar 11th, 2026

Ways and Means Education

Transcript Highlights:
  • chart on the next sheet that shows you the claims experience cost and also the fact that the member premiums
  • chart on the next sheet that shows you the claims experience cost and also the fact that the member premiums
  • chart on the next sheet that shows you the claims experience cost and also the fact that the member premiums
  • chart on the next sheet that shows you the claims experience cost and also the fact that the member premiums
  • chart on the next sheet that shows you the claims experience cost and also the fact that the member premiums
NV
Transcript Highlights:
  • These increased costs ultimately translate into higher premiums, deductibles, and out-of-pocket expenses
  • It may lead to increased premiums and reduced benefits for policyholders.
  • And while I am certainly not an expert on finance, I can tell you that I've never seen my premiums go
  • So it would be really wonderful to see our premiums go toward something that makes a huge difference
  • Section 4.5 has to do with setting a 14-day time window when these groups receive their premiums back
Bills: AB52, AB76, AB163, AB388, AB483
CO

Colorado 2026 Regular Session

Colorado House 2026 Legislative Day 021 Feb 3rd, 2026

Colorado House Floor Meeting

Transcript Highlights:
  • These outcomes are not surprising when we consider the structure of ICE itself.
  • ,<01:04:42.240> and bills, rising insurance premiums, and bills, rising insurance premiums
  • Re-examining sentencing<01:09:38.719> structure<01:09:39.040> so<01:09:39.199> that<
  • /c><01:09:39.359> lifelong sentencing structure so that lifelong sentencing structure so that
  • And that's how, like, structured and organized some of these criminal rings are.
Keywords: 981, all
NH

New Hampshire 2026 Regular Session

Senate Election Law and Municipal Affairs (03/24/2026)

Election Law and Municipal Affairs

Transcript Highlights:
  • The average lease versus a bond for anything over about $500,000, $600,000, it's a premium cost of anywhere
  • The average lease versus a bond for anything over about $500,000, $600,000, it's a premium cost of anywhere
  • The average lease versus a bond for anything over about $500,000, $600,000, it's a premium cost of anywhere
  • The average lease versus a bond for anything over about $500,000, $600,000, it's a premium cost of anywhere
  • The average lease versus a bond for anything over about $500,000, $600,000, it's a premium cost of anywhere
Keywords: 1191, senate, all
FL

Florida 2026 Regular Session

FL House Floor Session - 2026-06-02 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • So that taxing structure will be decimated.
  • They're developing structural and non-structural measures to protect our communities from flooding.
  • They're also... ...non-structural measures to protect our communities from flooding.
  • There also is work in structural and non-structural flood protection and helping to support some of the
  • Members, we're going into structured debate on CS for H.J.R. 1F.
Summary: The House met in special session, opened with prayer and the Pledge of Allegiance, approved the journal, and adopted the special order report setting the day’s calendar. The chamber then took up CS/House Joint Resolution 1F, the Governor’s property tax proposal, which would raise the homestead exemption for non-school taxes, lower the annual assessment cap on non-homestead property from 10% to 5%, and restrict county and municipal ad valorem revenue to public safety and certain other uses. Sponsor Rep. Overdorf said the measure would return money to homeowners and give local governments flexibility, while opponents repeatedly argued the ballot language was misleading and that the proposal could create large local revenue shortfalls, shift costs to other taxpayers, and threaten local services and debt obligations. Members debated a series of amendments aimed at protecting specific programs from the bill’s effects. Rep. Bartleman’s amendment to exempt Children’s Services Councils and Children’s Trusts was defeated 25-74 after supporters said those entities fund child care, mental health, aftercare, and family support, while opponents said local governments could still choose to fund them. Rep. Cross’s amendment to include water management districts in allowable uses of ad valorem taxes was also defeated, despite testimony that the districts are essential for flood control, water supply, Everglades restoration, and drought response. Rep. Eskamani’s amendment to require the Legislature to backfill public safety funding failed 25-71 after debate over whether the proposal could reduce police and fire budgets and response times. The House then rejected Rep. Woodson’s amendment to require state backfill for senior services, with supporters citing Meals on Wheels, transportation, adult day care, and other aging services, and opponents saying the state already funds senior programs. Finally, Rep. Gant’s amendment to protect veteran services was introduced and debated, with members emphasizing housing, mental health, transition assistance, and homelessness concerns for veterans; the transcript cuts off before the vote on that amendment. Throughout the debate, sponsors and supporters of the main resolution maintained that local governments would retain spending discretion and could use other revenue sources, while critics argued the measure lacked clear backfill provisions and could force cuts or tax shifts at the local level.
CA
Transcript Highlights:
  • I'm going to provide just a few comments on the overall budget structure.
  • In other words, there is a structural deficit.
  • The presence of these structural deficits, despite the robust revenue growth the state has experienced
  • And can you elaborate a little more on the structure itself, local level, state level?
  • for an IT project, that it varies between monthly and quarterly reporting structures.
Keywords: 988, house, all
LA

Louisiana 2026 Regular Session

Labor and Industrial Relations May 13th, 2026

Labor & Industrial Relations

Transcript Highlights:
  • Those premiums that that business has paid into the system, into their policy, in order to...” “...provide
  • That premium is no longer doing what it was designed to do and what that business thought it was going
  • we stack up in Louisiana as far as comparison to the other states in terms of how much we pay in premiums
  • , how much our businesses pay in premiums relative to other states?”
Keywords: 965, house, all
Summary: The committee first took up Senate Bill 408 by Senator Myers, a workers’ compensation overhaul creating an all-claims medical database, requiring electronic reporting and billing, and setting up confidentiality, rulemaking, and penalties. Senator Myers said the bill was meant to modernize a paper-based system, speed injured workers back to care and work, reduce disputes through a more predictable fee schedule, address outliers and abuse, and generate reliable data for future fee-schedule decisions. Representative Melarine then offered a large amendment package combining portions of House Bills 780 and 1101 into SB 408, adding preliminary-determination procedures, changes to benefit durations, fraud language, and a deadline for the department to establish a fee schedule if no agreement is reached. Supporters said the package would create a more complete reform; opponents argued the additions were rushed, not germane, and would harm injured workers, especially those without lawyers, by adding technical filing burdens and stricter fraud consequences. After debate, the committee adopted the amendment package, then adopted a follow-up amendment removing the word “potential” from a fines provision and deleting the fraud section, and finally reported SB 408 with amendments on a divided vote. Testimony on SB 408 was sharply split. Proponents, including Alton Ashy and Trey Mustian, argued the bill’s transparency and data-collection provisions were the most important part, that the system needs a modern fee schedule, and that the added reforms would help control costs and speed payment. Opponents, including Shannon Lindsay and another injured-worker advocate, said the original bill was a good compromise but the added provisions changed its character and would disadvantage pro se claimants, remove materiality from fraud law, and reduce benefits for seriously injured workers. Committee members also questioned the timeline for the database and fee schedule, the effect of historical data gaps, and whether the reforms would help employers and injured workers alike. The committee ultimately agreed the bill still contained its core goals of faster care, predictable fees, anti-abuse measures, and modernization. The committee then moved to House Bill 585 by Representative Chasson, a workplace-violence/safety measure for small-box discount retailers. Chasson explained that the bill had been narrowed to require retailers to submit an existing written workforce safety plan, or develop one if they do not already have one, with no penalties attached. The committee adopted a substitute bill incorporating prior amendments. Representative Glorioso noted continuing concerns about civil-liability implications and the duty to protect against third-party criminal acts, but the bill was advanced from committee after the substitute was adopted.
KY
Transcript Highlights:
  • the Series B refunding, I think that was the $134 million, $325 million in the refunding, but the premium
  • tax-exempt bonds. um in the refunding um in the refunding but<00:52:45.200> the<00:52:45.520> premium
  • 46.480> that<00:52:46.880> is<00:52:47.359> 6.6<00:52:47.920> six but the premium
  • on that is 6.6 six but the premium on that is 6.6 six million million million in<00:52:50.800> order
Summary: The committee first handled routine business, including approval of the February meeting minutes and several information items. Those items covered university equipment purchases, school district and transportation-related debt issuances, Northern Kentucky University’s planned construction-manager/general-contractor delivery method for the medical examiner/crime lab relocation project, a lease-space advertisement, postsecondary asset preservation allocations, and lease-law compliance reports. Members then discussed the Northern Kentucky crime lab project in more detail; staff explained that the memorandum of agreement would cover the construction portion while the lease would cover operations, and members were told the project should move forward without procurement problems. The committee approved a Kentucky Community and Technical College System project to modify the fire academy maintenance building after the related dormitory project was set aside because of major cost overruns. KCTCS said the dormitory would be about $3 million over budget, so it would not be bid; instead, the maintenance building would be expanded to add showers and restroom/locker facilities, bringing that project from $2 million to about $3.2 million. The committee also approved a Transportation Cabinet project for the Hardin County I-65 southbound commercial motor vehicle station relocation, with members asking about the estimate, the lack of a direct prior example, and the fact that the loadometer equipment itself would be purchased separately and was not included in the construction estimate. Finance and Administration Cabinet lease items were then considered. The committee approved a Department of Public Advocacy lease in Christian County and a Transportation Cabinet vehicle regulation lease in Kenton County, both negotiated down from initial asking prices and both including utilities. Two lease modifications were reported without action: a Department of Revenue fit-up in Jefferson County and an expanded vehicle regulation lease in Adair County. Members also approved a package of Kentucky Infrastructure Authority items, including four loans and six Cleaner Water Program grant reallocations, covering sewer and water projects such as MSD’s Patty’s Run flood pumping station, Paducah-McCracken County’s wastewater treatment plant, Mount Washington’s lift station replacement, and Eminence’s wastewater plant expansion. Finally, the committee heard a batch of Kentucky Product Development Initiative economic development grants and approved the action items in one vote. The projects included due diligence and infrastructure work for industrial and site-development projects in multiple counties, with local match requirements and KEDFA approvals described for each. The committee also received three line-item water grants from House Bill 1 that required no action, and the meeting ended after the grant presentations and approvals.