Video & Transcript Research : 'rate deviations'

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KY

Kentucky 2026 Regular Session

Senate Standing Committee on Economic Development, Tourism, and Labor (2-19-26)

Economic Development, Tourism, & Labor

Transcript Highlights:
  • So the employers, we raised their rate to take care of this.
  • So what we want to do is lower those rates and keep the fund going to make sure that we can make those
  • their their rate to take care<00:01:56.159> of<00:01:56.320> this.
  • amendment is uh we're lowering the rates amendment is uh we're lowering the rates because<00:03:
  • We don't need the rates that are much. We don't need the rates that are there<00:03:12.239> now.
Summary: The Standing Committee on Economic Development, Labor, and Tourism met for its fourth meeting and considered one bill sponsored by Senator Mike Nees concerning unemployment insurance and the SCUF (Service Capacity Upgrade Fund). Senator Nees explained that the bill would lower employer rates tied to the fund, while continuing to support unemployment insurance system upgrades. He said the fund was created after problems with the unemployment computer system and that employers had borne the cost successfully. Nees also described a planned floor amendment, agreed to by the chamber and cabinet, that would cap the SCUF fund at $15 million and redirect contributions to the regular unemployment insurance fund if that fund falls below the prior year’s level. He said this would prevent overfunding technology while ensuring benefit payments remain protected. Committee members responded favorably, with remarks praising the bill and joking about government spending and the unemployment system’s handling during COVID. The committee first reported the bill favorably on a 9-0 vote, then later recorded additional votes from members and guests, bringing the tally to 11-0 in support. The chair announced the bill would be reported with favorable expression and that it would have the same recommendation on the floor.
NH
Transcript Highlights:
  • They have to now set their tax rate for the new school year, which is going into the next year here,
  • And evidently Revenue Administration developed their tax rate based upon what they understood to be the
  • <00:04:00.159> for They have to now set their tax rate for They have to now set their tax
  • <00:04:40.240> now to have their halfyear tax rate now to have their halfyear tax rate now
  • When I spoke adjusted rate applications.
Keywords: 928, house, all
Summary: The committee of conference on HB 718 met to reconcile House and Senate language. Members discussed two main parts of the bill: provisions requiring the Department of Education to report on rules that exceed state or federal requirements, including any fiscal impact on school districts, and language related to the new Pasquaney school district and its tax-rate setting timeline. Conferees said they were agreeable to the Senate’s additions on reporting and the handling of indeterminable fiscal impacts. The group focused on a House amendment, 2725H, which made two technical changes to the Senate language: adding the word “certified” to align with existing statutory language and changing the bill’s effective date to “upon passage” so the Department of Revenue Administration could act in time. A further clarification was proposed to specify July 1, 2025, for the tax-rate language, and members agreed to that change as well. There was some concern raised that the bill’s underlying special education implications could have indeterminate fiscal effects on school districts, and one member said that without a fiscal note they could not support it. After discussion, the House members voted in favor of the three changes, the Senate member present also supported them, and the chair announced the result as effectively unanimous. The committee then said the report would be drafted and the bill would move forward, with HB 102 mentioned as another item to be placed on consent.
ND

North Dakota 2026 1st Special Session

Legislative Management Jun 11th, 2026 at 08:00 am

Legislative Management

Transcript Highlights:
  • There's a free rate, a reduced rate, and then a paid rate.
  • What would the participation rate be?
  • The federal government sets those reimbursement rates every July.
  • So obviously, we're going to expect a higher participation rate.
  • So obviously, we're going to expect a higher participation rate.
Keywords: 908, all
FL

Florida 2025 Regular Session

December 10, 2025 - 01:00 PM

Transcript Highlights:
  • Last year we had a 12.5% vacancy rate this year. We have a 9.5% vacancy rate.
  • We got that rate down from 48% to 18%. Still work to be done there.
  • Begin see rate for approximately 17%.
  • They review rate cases, conduct financial and economic analysis.
  • Every single one of them, our turnover rate is 7.1%.
KY
Transcript Highlights:
  • Um we ask patient satisfaction rates.
  • You about to reduce rates risk anyway.
  • syndrome, which has a 50% survival rate syndrome, which has a 50% survival rate unless<00:52:05.480
  • that survival rate goes up to 94%. that survival rate goes up to 94%.
  • untreated decay rates have fallen 23%. untreated decay rates have fallen 23%.
Keywords: 958, all
Summary: The Budget Review Subcommittee on Health and Family Services met in person, approved the July 15 minutes, and heard a presentation from Dr. Matthew Holder and Dr. Henry Hood of the Lee Specialty Clinic in Louisville. The clinic serves people with complex intellectual and developmental disabilities through a transdisciplinary model that combines medical, dental, behavioral, psychiatric, therapy, and other services under one roof. The presenters argued that this population is large-cost but small in number, often receives little provider training, and is vulnerable to diagnostic overshadowing, overmedication, and missed medical or dental problems. The clinic reported that in Tennessee, payer data showed average costs of about $5,200 per member per month before clinic involvement, with a 44% reduction in overall health care spending after patients were seen, including lower emergency room use, inpatient admissions, and prescription use. They said those savings were measured by the payer, not the clinic, and that the savings accrued to Medicaid or managed care payers rather than the clinic itself. They also shared a case example of a patient who had been placed on hospice but improved after diagnosis and treatment at the clinic. Patient and parent satisfaction were described as very high, generally above 95%. The clinic asked for roughly $5 million to expand into Northern Kentucky, estimating 500 to 700 patients would use the new site and projecting annual savings of about $13 million to $19 million once mature. Members asked about the budget, startup and operating costs, where the savings go, and whether the clinic had considered taking full risk or another value-based model. Senator Meredith and others encouraged the clinic to explore an accountable care or risk-based arrangement, while the presenters said they were open to that discussion but had not pursued it yet. The exchange ended with follow-up questions about the clinic’s overall budget structure and public-private funding mix.
TX

Texas 89th Regular

Appropriations Feb 18th, 2025

Appropriations

Transcript Highlights:
  • So they're paid a rate. rate that the state has established through our rate-setting process. fee-for-service
  • for reimbursement rates today based off what the treatment is and yeah we include a number of rate tables
  • we post online, with what the current rate is as well as what it would cost to do like a 1% rating.
  • So we've had a rate structure that's existed for the past 40 years. and we're moving to this new rate
  • I think with rate modernization, moving to that new rate structure.
Keywords: 1184, house, all
FL

Florida 2026 Regular Session

Finance and Tax Dec 3rd, 2025

Finance and Tax

Transcript Highlights:
  • lower the tax rate, it affects everybody equally.
  • if you lower the tax rate, it affects everybody equally.
  • What's the rollback rate?
  • over that rollback rate must be advertised as a tax increase.
  • It talks about the rollback rate.
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.
TX

Texas 89th 2nd C.S.

Intergovernmental Affairs Mar 11th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • So they, you know, we can borrow at an advantageous rate.
  • So it's a 1 per 10,000 incarceration rate.
  • Um, our tax rate today is lower than it was 10 years ago.
  • In the 2011 to 2020 decade, our growth rate was 16.6%.
  • Under either current tax rate or again most years we've been able to lower the tax rate um but we've
KY
Transcript Highlights:
  • stabilize and lower rates, to reduce rate<00:09:32.400> volatility, rate volatility, rate volatility
  • , refinancing at a lower rate, refinancing at a lower rate, and<00:16:05.640> securitization
  • <00:24:31.600> They our customers pay for in rates. They our customers pay for in rates.
  • provide stability in rates. provide stability in rates.
  • <00:51:27.680> and goals are lowering customer rates and goals are lowering customer rates
Summary: The committee met for an initial natural resources hearing with a quorum present and introductory housekeeping, including prayer, roll call, and recognition of guests. Chair Smith outlined ground rules for questions and then invited Kentucky Power and American Electric Power representatives to the table to discuss a proposed plan involving the Mitchell Power Plant and future generation needs in Eastern Kentucky. Witnesses Cindy Wiseman, Alex Vaughn, and AEP CEO Bill Fehrman said the company’s goals are to stabilize and lower rates, reduce rate volatility, and expand generation in the Commonwealth. They explained that Kentucky Power seeks legislative authority to securitize its 50% interest in the Mitchell coal plant, describing securitization as a refinancing mechanism that would lower annual plant costs by about $34 million and help offset roughly one-third of the expected cost of adding new generation in Kentucky. They emphasized that the proposal is not intended to close Mitchell, and said Kentucky Power currently has no plan to divest its interest; the company still needs the plant to serve customers while it pursues additional dispatchable generation in Kentucky. Members pressed the witnesses on the plant’s book value versus fair market value, whether the Mitchell interest had ever been assigned a nominal value, how any divestiture proceeds would be handled, whether Kentucky Power owns Wheeling Power, and how long Mitchell can continue operating. The company said it values Mitchell at net book value for accounting purposes, not fair market value, and explained that Wheeling Power is a separate AEP affiliate and that West Virginia affiliates have already proposed securitization of their share. Witnesses said Kentucky Power’s interest cannot technically operate past 2028 without additional environmental control investment, while the West Virginia side is depreciating through 2040. They also described the financing timeline, saying securitization would require enactment of legislation, a PSC financing order, bond issuance, and then parallel work to acquire or build new generation, with any reinvestment terms to be addressed through the regulatory process.
OK
Transcript Highlights:
  • Comparing the average billing rate of several external firms to our billing rate in the light blue, you
  • This is the highest hourly billing rate, or this is our highest hourly billing rate. $111.
  • I mean What dictates that billing rate?
  • I raised rates $10 an hour, which really helped a lot.
  • Certainly, the credit rating helps our bond rating for the state of Oklahoma and that gets us cheaper
Keywords: 914, all
TX
Transcript Highlights:
  • It's specifically the interest rate set. That's, um...
  • Funds—it's specifically the interest rate set.
  • Last year, our attorney attrition rate was zero.
  • What's your run rate? What do you clear?
  • It's associated with increased rates of reunification.
Bills: SB 1
Summary: The Senate Finance Committee convened for its first hearing of the 89th regular session, confirmed a quorum, adopted committee rules by a 15-0 vote, and began review of Senate Bill 1, the state budget for fiscal years 2026-27. Chair Huffman outlined the committee’s organization, introduced staff, and described the budget as conservative and focused on one-time investments. She highlighted major SB 1 priorities including property tax relief, full funding for public education formulas, teacher pay, school safety, border security, Medicaid growth, dementia research, energy and water infrastructure, transportation, wildfire suppression, and other capital and public safety needs. Comptroller Glenn Hager presented the biennial revenue estimate, saying the state has $194.6 billion available for general-purpose spending in 2026-27, with a projected $23.8 billion ending balance from the current biennium. He cautioned that revenue growth is returning to more normal levels and that lawmakers should avoid committing short-term surpluses to ongoing expenses. He also explained that the Economic Stabilization Fund is projected to hit its constitutional cap, meaning an estimated $5.6 billion in severance tax and related revenue would remain in general revenue in the upcoming biennium rather than flow into the fund. Senators discussed whether to raise or rename the fund and the implications of keeping more severance-tax revenue in general revenue. The Legislative Budget Board then gave an overview of SB 1 and the budget’s major funding changes. LBB staff explained that the bill is essentially flat at $332.9 billion in all funds, but includes large method-of-finance shifts and major property tax relief. They detailed how prior property tax relief enacted in the 88th Legislature grew from an estimated $18 billion to $22.7 billion because of higher property values and hold-harmless provisions, and said SB 1 continues that relief with a total of $51 billion in ongoing and new property tax support. Members asked extensive questions about the automatic growth in school tax compression, the constitutional homestead exemption, COVID-era federal funding, Medicaid assumptions, and the sunset of the non-homestead circuit breaker. No additional votes or final budget actions were taken beyond adoption of the committee rules.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Housing Jun 21st, 2026 at 01:00 pm

Joint Committee on Housing

Transcript Highlights:
  • At that rate, I'm going to be saying my farewells in retirement.
  • rate among Asian households has increased from 53% to 58%.
  • rates.
  • We have a default rate that's more around 2 tenth of a percent. that very a default rate that's somewhere
  • We've got interest rates at an all-time high.
Keywords: 995, all
Summary: The Joint Committee on Housing opened its second hearing of the session with remarks from Chairs Haggerty and Cyr emphasizing that the hearing was a broad look at Massachusetts’ housing crisis rather than a single bill. They highlighted topics including zoning, permitting, rental assistance, public housing, homelessness prevention, and housing production. The first witness, Housing and Livable Communities Secretary Augustus, reviewed implementation of the Affordable Homes Act and the state’s new housing plan, citing a 1.6% vacancy rate, a projected need for 222,000 new homes over 10 years, and ongoing efforts such as ADUs by right, fair housing enforcement, eviction record sealing, seasonal communities planning, and new funding for affordable housing, public housing, and the Momentum Fund. He also discussed infrastructure support for municipalities, technical assistance for ADUs, and concerns about possible federal funding cuts. Committee members questioned the secretary about ADU financing and technical assistance, the likely unit yield from the Affordable Homes Act, infrastructure barriers in suburban and rural communities, public housing waitlist management, supportive housing, and federal budget risks. MassNAHRO then testified that public housing authorities are facing rising operating and capital costs, a statewide waitlist nearing 300,000, and uncertainty over federal Section 8 and HUD funding. Witnesses described recent state support for operating subsidies, capital improvements, vacancy turnover teams, and resident service coordinators, while warning that proposed federal cuts could sharply affect voucher issuance and agency operations. CDAC’s executive director Roger Herzog described the agency’s role as a quasi-public source of early-stage financing and technical assistance for nonprofit housing developers, noting its loan capital, supportive housing bond programs, home modification loans, and preservation work under Chapter 40T. He said CDAC has helped produce or preserve more than 55,000 units and stressed the importance of patient capital and preservation tools. CHAPA CEO Rachel Heller urged the committee to focus on production, preservation, planning, and political will, supporting goals for affordability, supportive housing, and homeownership, and endorsing policy changes such as YIGBY, clearer site plan review rules, stronger fair housing funding, and more support for vouchers and public housing. MassHousing then outlined its financing role, including mortgage lending, down payment assistance, the Community Climate Bank, and the Momentum Fund, while noting that permitting delays, capital gaps, and possible federal changes could affect production. Members also asked about transparency, prevailing wage compliance, and a recent internal restructuring related to diversity and business engagement.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/13/25

Taxes

Transcript Highlights:
  • The county has a recycling rate of 45%, which exceeds both the MPCA target recycling rate of 35% and
  • <00:14:57.839> of<00:14:58.040> 45% recycling rate of 45% recycling rate of 45% which
  • <00:15:03.759> of recycling rate of recycling rate of 35%<00:15:05.560> and<00:15:05.880
  • As property owners, it is a burden that we are assessed at a different rate.
  • Swanson looked it up for me, so their city tax rate is, uh, 96%.
MN

Minnesota 2025-2026 Regular Session

Grant for lender serving underserved entrepreneurs 3/3/26

Minnesota House Floor Meeting

Transcript Highlights:
  • What has been your default rate from that point?
  • What has been your default rate from that point? >> Mr. Smith. >> Chair.
  • What has been your default rate from that point? >> Mr. Smith. >> Chair.
  • What has been your default rate from that point? >> Mr. Smith. >> Chair.
  • What has been your default rate from that point? >> Mr. Smith. >> Chair.
Keywords: 1183, house
Summary: House File 2581 was presented as a request for a $1 million state investment in Fortis Capital, a Minnesota nonprofit economic development lender. The bill was described as supporting entrepreneurship and wealth-building by expanding access to capital for businesses that are underserved by traditional lending, especially in rural areas, communities of color, immigrant communities, and low-wealth areas. Testifiers argued that conventional underwriting standards leave viable businesses without financing and that Fortis provides flexible gap financing to help deals close, complementing rather than replacing banks and CDFIs. Brian Smith, co-founder and CEO of Fortis Capital, said the organization was established in 2019 and has deployed 37 loans totaling over $4 million since 2021, leveraging an additional $29.5 million through partnerships. He said Fortis seeks to increase lending capacity, reduce risk in innovative capital structures, expand statewide partnerships, and accelerate small business growth and job creation. In response to questions, he said Fortis typically charges about 6.12% on average, has had two defaults, and operates as a revolving loan fund. He also explained that Fortis already participates in some Department of Employment and Economic Development programs, but is not eligible for certain grant programs because those grants go directly to borrowers. Committee members asked how the proposal fits with existing state economic development efforts and whether competitive grant programs exist for this kind of work. A DED representative said he would need more detail to compare the proposal to agency programs, though he mentioned the emerging entrepreneur loan program as a possible fit. Members also discussed broader concerns about direct appropriations versus competitive grants. No public testimony was offered. Chair Frasier closed by saying the bill addresses a real need and laid House File 2581 over for possible inclusion in a budget bill.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Community Development and Small Businesses Jun 21st, 2026 at 10:00 am

Joint Committee on Community Development and Small Businesses

Transcript Highlights:
  • throughout the year, as opposed to right now where you get locked into a rate.
  • Lastly, another challenge is access to fear of current ice rates.
  • That faster rate than their sales since 2019, which of course limits profitability.
  • Last month, the rate trended upward to 4.6%.
  • Last month, the rate trended upwards to 4.6%.
Keywords: 995, all
Summary: The Joint Committee on Community Development and Small Business held an informational hearing focused on the conditions facing small and micro businesses in Massachusetts and the state programs intended to support them. Chairs Andy Vargas and Adam Gomez opened by emphasizing equitable economic development, the importance of CDFIs, and the need to help underserved entrepreneurs, especially women, minorities, veterans, immigrants, and other groups facing barriers. Committee members noted the hearing would not take up bills, and testimony was limited to 10 minutes per organization. State and quasi-public agency witnesses described current programs and funding. Dico Gibral of the Executive Office of Economic Development highlighted the Business Front Door, multilingual access, small business office hours in Gateway Cities, and funding in the Mass Leads Act, including support for CDFIs, small business technology, and capital grants. Tom Hooper of Commonwealth Corporation described workforce training programs such as the Workforce Training Fund, Workforce Competitiveness Trust Fund, and Career Technical Initiative, saying they help small businesses train workers, fill labor shortages, and support returning citizens and people with disabilities. Committee members asked about federal funding uncertainty, workforce migration, training schedules, and program uptake. Business and advocacy groups focused on cost pressures and regulatory burdens. The Massachusetts Restaurant Association urged continuation of outdoor dining and takeout alcohol sales, and pressed for relief from high credit card swipe fees, support for surcharging, and streamlining municipal licensing. The Retailers Association of Massachusetts cited survey results showing inflation, utility costs, payroll taxes, health insurance, and interchange fees as major concerns, and said many members might sell or close within five years; it also backed ending the state prohibition on surcharging and creating an Office of Main Streets Massachusetts. MACDC, BECKMA, and the Coalition for an Equitable Economy emphasized the need for more technical assistance, CDFI and small business funding, and protections against rising costs, tariffs, supply chain disruptions, and immigration enforcement impacts on immigrant-heavy business districts. No votes were taken.
FL

Florida 2026 Regular Session

Education Pre-K - 12 Nov 18th, 2025

Education Pre-K - 12

Transcript Highlights:
  • We know following the pandemic in the past three or four years, absenteeism rates... ...facing.
  • This map kind of shows you, in darker blue colors, counties that have higher absenteeism rates.
  • On the low end, a handful of counties have the lowest rates.
  • Others have absenteeism rates of about 50% of their students.
  • And can be shown, and have been shown in some studies, to improve attendance rates.
Summary: The committee met to discuss student attendance and chronic absenteeism in Florida K-12 schools, with Chair Simon outlining the state’s attendance requirements and intervention process, including school contact after unexcused absences, child study team review, district superintendent referral, DJJ family services referral, truancy petitions, and possible parental prosecution and driver’s license consequences. Dr. Chris Curran of the University of Florida presented statewide data showing chronic absenteeism has risen sharply since the pandemic, with Florida at about 31.4% in 2023–24, and noted that absenteeism varies by district, school level, demographics, and urbanicity. He emphasized that causes are multifaceted—ranging from transportation, mental health, housing instability, safety concerns, and family circumstances—and said effective responses include early warning systems, text or phone outreach, multi-tiered interventions, mentoring programs like Check & Connect, and community partnerships. He also cautioned that punitive responses alone are often less effective than addressing root causes and keeping students engaged academically even when they miss school. Collier County Superintendent Leslie Ricciardelli described her district’s attendance efforts as a priority supported by attendance specialists, social workers, mental health staff, home visits, attendance contracts, and extensive parent communication. She said Collier’s chronic absenteeism rate was about 9% in 2023–24 and attributed success to consistent monitoring, family outreach, and community support, while stressing that students must be physically present to learn. She also argued that many absences are tied to barriers such as clothing, transportation, childcare, or family mental health, and that districts need resources to address those issues. Dr. Rachel Dawes added that Collier uses multilingual brochures, attendance awareness campaigns, vacation-planning guidance, door tags, automated calls and letters, and a truancy flow chart, with truancy court used as a last resort. Volusia County Executive Director Mike McAuliffe described a districtwide overhaul that included an attendance matters campaign, automated notices sent early and often, same-day and period-by-period notifications, a data dashboard, and tiered supports through MTSS. He said Volusia reduced chronic absenteeism from 34% in 2023–24 to a projected 29% and reported a first-quarter rate of about 20% in the current year. He highlighted community partnerships, including AdventHealth support for washers and dryers, bikes for students with transportation barriers, and monetary recognition for schools that reduce absenteeism. In response to questions, both district leaders emphasized that funding, staffing, and consistent follow-through are essential, and that attendance work is most effective when paired with family engagement, data monitoring, and practical supports rather than punishment alone.
NM

New Mexico 2025 Regular Session

IC - Legislative Finance May 13th, 2025

Transcript Highlights:
  • pay essentially at a commercial market rate.
  • How do I restrict that growth rate?
  • Some are just like a straight up rate increase.
  • Consumer spending is down, uh, rates or interest rates are not dropping.
  • big rate increases.
NH

New Hampshire 2025 Regular Session

House Ways and Means (02/10/2025)

Transcript Highlights:
  • Then we're going to talk about a growth rate from 25 to 26 and then a growth rate from 26 to 27. fiscal
  • from 25 to 26 and then a growth rate from 25 to 26 and then a growth<00:05:21.800> rate<00:05
  • interest rates at their current rates interest rates at their current rates they<00:55:15.079>
  • Just the rates themselves?
  • Interest rates directly affect our housing situation, with mortgage rates around 7%.
Keywords: 1189, house, all
Summary: The committee received a Department of Revenue Administration update from Commissioner Lindsay Stepp focused on revenue estimates for fiscal years 2025, 2026, and 2027. She explained the department’s forecasting method, which uses five scenarios based on the first seven months of actual collections and different assumptions for the remaining months, then selects a reasonable high and low range for FY 25 and applies projected growth rates for FY 26 and FY 27. Members asked several clarifying questions about how the scenarios are chosen and how the estimates relate to economic growth and taxpayer behavior. For business taxes, Stepp reported FY 25 year-to-date collections of $110.3 million, 18.2% below plan and 17.2% below prior year. She said the shortfall reflects both economic conditions and a resetting of estimated payments after unusually strong pandemic-era profits, and noted that the department cannot fully separate changes in taxpayer liability from changes in estimated payment behavior. She said approximately just under $72 million was refunded in FY 24 due to the CCO cap, and that FY 25 year-to-date refunds are at 41.7%. For business taxes, the department’s FY 25 range was based on either continued underperformance versus plan or a return to prior-year levels, with FY 26 and FY 27 growth projected at 3% to 8%. The committee also reviewed meals and rooms tax, tobacco tax, and related trends. Meals and rooms revenue was $6.9 million, or 3.3%, ahead of plan and prior year; the FY 25 gross estimate was $475.894 million, with a net range of about $331.82 million to $335.259 million after municipal transfers and school building aid. Stepp said recent monthly results suggest some fluctuation tied to disposable income, weather, and travel patterns, but no clear sustained decline. Tobacco tax was $18.1 million, 14% below plan and 4.8% below prior year; she said cigarette stamp sales are declining while e-cigarettes and other tobacco products are growing, with FY 25 tobacco revenue projected at $182.5 million to $185.3 million and FY 26-FY 27 growth ranging from -5% to flat. No votes or formal actions were taken.
NH

New Hampshire 2026 Regular Session

JLCAR Administrative Rules (04/17/2026)

Transcript Highlights:
  • It was kind of like a rate case.
  • Further, the PUC order was a rate case and it set rates, and that was appropriate.
  • It was kind of like a rate case.
  • that<00:29:54.559> was rate case and it set rates and that was rate case and it set rates
  • long as it doesn't affect rate setting. long as it doesn't affect rate setting.
Keywords: 1189, house, all
Summary: The committee opened with housekeeping items, approved the minutes and consent agenda, and reminded the public that JLCAR’s role is limited to determining whether agency rules are within statutory authority, not to decide policy. Testimony was to be limited, and members noted that policy concerns should be addressed through the legislature rather than the committee process. The first major item was Public Utilities Commission rule 25-215 concerning natural gas suppliers. Staff said the proposal had been postponed because the PUC appeared to lack authority to impose fines and penalties in this rule set, especially suspending or revoking registrations, and recommended either a conditional approval removing those provisions or a preliminary objection for lack of statutory authority. PUC counsel responded that the cited authority had been incorrect, that the Department of Energy now has most registration rulemaking authority, but argued the commission still has jurisdiction over mediation and dispute resolution and may still have authority over fines because natural gas suppliers are not expressly excluded from public-utility status. Committee members discussed the split between PUC and DOE authority and the possibility that the transition in authority had not been fully cleaned up in statute. The committee then voted to grant a waiver of the time limit and postpone the item for another month so the agencies could work with counsel and clarify which parts of the rule could proceed. Members also urged that any needed legislative fix be brought forward quickly, noting that the Senate was not taking up non-germane amendments and suggesting the House as the likely venue for a cleanup bill. The committee next took up Department of Energy EN900 and EN1000 rules. Staff said the EN900 net-metering rules had been postponed previously and that the main remaining issue was a retroactive requirement in EN909.03(b), which the agency agreed to revise so the language would apply only on or after the 2026 effective date of the chapter. The agency described the EN900 rules as implementing net metering authority transferred from the PUC and expanding the chapter to cover municipal group net metering and low- and moderate-income community solar projects. The EN1000 interconnection rules were described as implementing 2024 legislation requiring uniform procedures for distributed energy resources. The department said both sets of rules were developed through extensive stakeholder input and asked for approval subject to the oral amendment already discussed."}】【。json
TX

Texas 89th Regular

Intergovernmental Affairs Mar 11th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • And when you talked about it. incarceration rate of 2.27. Yes, sir.
  • In fact, one example of that, I think, in Bell County is our tax rate.
  • In the decade of 2000 to 2010, our growth rate was 30.4%.
  • or, again, most years we've been able to lower the tax rate, but we've just seen those insurance rates
  • Appraisals and tax rates are set at what the tax rates are, but I think. that uh not unlike the uh the
Keywords: 1184, house, all