Video & Transcript Research : 'standard deduction'

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TX

Texas 89th Regular

Insurance Mar 26th, 2025

Insurance

Transcript Highlights:
  • They have to use nationally standardized information. We do try to make it easier.
  • Quality standards have changed.
  • We waive co-pays and deductibles in those plans. So we work very closely with the...
  • If your deductible is $5,500, why do you care, right?
  • They can have less deductibles, less co-pays, that kind of stuff.
LA

Louisiana 2026 Regular Session

House of Representatives May 27th, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • I think we should all be held to the standard.
  • We're not asking that they be held to a higher standard.
  • or an organization sort of holding you to a standard, that those would have to be held to the standards
  • that are in this bill when it comes to the safety standards.
  • They would still have to comply with these standards and the ratios.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Health Care Financing Jun 21st, 2026 at 11:00 am

Joint Committee on Health Care Financing

Transcript Highlights:
  • No co-pays, no deductibles, no denials of care, and no need to re-enroll.
  • No co-pays, no deductibles, no denials of care, and no need to re-enroll.
  • It enacted the crisis standards of care.
  • Co-pays, deductibles. The costs added up quickly.
  • Paying high co-pays and deductibles on top of increasing premiums.
Keywords: 995, all
Summary: The Joint Committee on Health Care Financing held a public hearing on 16 bills, with the chairs noting a busy legislative day and asking speakers to keep testimony brief. The committee first heard testimony on Senate 860/House 1405, the Medicare for All bill, with Sen. Jamie Eldridge and many advocates, clinicians, municipal officials, and patients arguing that a single-payer system would make care a right, reduce administrative waste, lower costs, and protect residents from rising premiums, medical debt, and hospital closures. Several speakers cited the Steward hospital crisis, affordability problems, and polling or ballot questions showing public support for single-payer coverage. No vote was taken during the hearing. The committee then took testimony on S. 863, a bill on non-opioid options for chronic pain. Pain specialists, patients, and advocates said the bill would improve care coordination for MassHealth members, expand access to non-opioid medications, require provider education, and collect data on chronic pain. Testifiers described long delays in diagnosis and treatment, stigma toward pain patients, and the need for multidisciplinary care and transportation support. Again, the committee heard testimony only and took no action. A large portion of the hearing focused on H. 1360/S. 869, which would prevent discrimination against people with disabilities in health care. Disability advocates, clinicians, and patients described being denied or delayed care, pressured into DNR orders, or treated based on assumptions about quality of life rather than medical facts. Speakers referenced COVID-era crisis standards of care, discriminatory metrics, and personal stories involving canceled procedures, inadequate accommodations, and poor treatment in hospitals. Committee members thanked speakers for their testimony and said they would review the bill and its implications, but no vote was announced. The committee also heard testimony on H. 1399, an individual Medicare marketplace option for municipal retirees, where supporters said it would give cities and towns a lower-cost alternative for retiree health benefits through HRAs and individual Medicare plans. The hearing then returned to Medicare for All testimony, with additional supporters repeating arguments about cost, access, municipal budget pressure, and the need for global budgeting and universal coverage. The transcript ends with continued testimony and no recorded committee vote or final action on any bill.
ND

North Dakota 2025-2026 Regular Session

Employee Benefits Programs Committee May 7th, 2026

Transcript Highlights:
  • You can have a waiver on part of your deductible, and you can save up to $850 by taking part in this
  • It is a high deductible plan.
  • As of January 1, 2026, there were 1,517 participants in the high deductible plan.
  • As of January 1, 2026, there were 1,517 participants in the high deductible plan.
  • from this limitation until the member reaches their minimum deductible.
Summary: The Employee Benefits Committee met to approve prior minutes, hear presentations on state employee health insurance, compensation, leave, and related policy issues, and then recess for lunch. PERS reviewed the history and structure of the state health plan, noting the long-standing state-paid family coverage, cost-control measures, wellness incentives, the current grandfathered PPO and high-deductible options, and the effects of recent benefit mandates such as insulin caps, prosthetic coverage, medication management, prescription copay changes, and ambulance balance-billing limits. Committee members questioned the fiscal impact of adding benefits and the possible cost of moving to a non-grandfathered plan, while PERS and HRMS emphasized that health insurance remains the top-ranked employee benefit and that any major plan changes should be considered carefully. HRMS also presented compensation comparisons showing state pay generally below private-market benchmarks, discussed targeted market equity adjustments, identified ongoing recruitment and retention concerns in fields like nursing, IT, engineering, and attorneys, and reviewed leave policies, tuition reimbursement, and family leave comparisons with neighboring states. Job Service provided labor market data showing low unemployment, high labor force participation, and wage growth that still trails some neighboring markets, and OMB explained that prevailing wage requirements apply to federally funded projects under Davis-Bacon, not to ordinary state contracts. After lunch, the committee took up the required process for health insurance mandate bills and adopted an amendment to Joint Rule 211. The amendment clarified that the deadline for submitting mandate measures is intended to allow time for all required reports, including both the cost-benefit analysis and any Employee Benefits Committee actuarial report, while leaving the existing deadline unchanged. The amendment was adopted on a roll call vote, with several members voting yes and a few no votes recorded. The committee then moved into its jurisdiction review of bill drafts, beginning with a bill that would automatically renew pre-tax dental and vision elections; members debated whether it had any actuarial or administrative impact on PERS or the state, and the chair explained that the committee’s role was only to decide whether further analysis was needed before later testimony and recommendations.
NH

New Hampshire 2026 Regular Session

House Children and Family Law (02/03/2026)

Children and Family Law

Transcript Highlights:
  • <00:26:34.720> of maintain a reasonable standard of maintain a reasonable standard of living
  • and Medicare deduction for the obligor. and Medicare deduction for the obligor.
  • It's not deductible to a payer as a deduction on your income taxes.
  • It's not deductible to a payer as a deduction on your income taxes.
  • <01:23:54.239> for you are allowed a deduction for you are allowed a deduction for yourself
Keywords: 1189, house, all
CA
Transcript Highlights:
  • But also creates some new deductions, largely for seniors, overtime pay, tips, and auto loan interest
  • It also raises the limit on the state and local tax deduction.
  • deduction permanent with annual inflation adjustments It increases the cap on item itemized state and
  • One is a standard mortgage type plan depending on how much you take out you have a 15 20 or 25 year standard
  • There are some there's some recent guidance that was just issued related to the amount of deductions
Keywords: 988, house, all
TX

Texas 89th 2nd C.S.

Insurance Mar 26th, 2025

Insurance

Transcript Highlights:
  • notes and, uh, and confirms that, uh, periodically to make sure that they're, they're observing standards
  • They have to use nationally standard information. We do try to make it easier right now.
  • what those quality standards are, so they can, um, you know, deploy resources to achieve that.
  • If your deductible is $5500 why do you care, right?
  • They won't accept the change to align it with the, with the standard processes that are there.
Bills: HB139
NH

New Hampshire 2026 Regular Session

Senate Ways and Means (04/01/2026)

Ways and Means

Transcript Highlights:
  • And so that really is my standard.
  • 179 section 179 IRS IRC deduction 179 section 179 IRS IRC deduction. deduction. deduction.
  • And so, those deductions in bad times.
  • deduction from 100,000 up to 500,000. deduction from 100,000 up to 500,000.
  • :54.240> acceleration<01:24:55.000> of 179 deduction allows for acceleration of 179 deduction
Keywords: 1191, senate, all
MN

Minnesota 2025-2026 Regular Session

State Committee Meeting - 2026-04-09

State Government Finance and Policy

Transcript Highlights:
  • <00:15:23.160> policies ordinances or labor standards policies ordinances or labor standards
  • or labor standards to opt into<00:21:25.160> the<00:21:25.240> system.
  • high-deductible health plans.
  • high-deductible health plans.
  • option. that require a high deductible option.
Summary: The committee first approved the April 7, 2026 minutes and then held an informal hearing on House File 4364, which would establish a Central and Eastern European Ethnic Council in Minnesota. Representative Jordan and testifiers Mykola Mager and Julia Miller described the large Central and Eastern European community in Minnesota, its contributions to the state, and the need for a formal advisory body to help address barriers to government services, support refugees, workforce development, entrepreneurship, and cultural understanding. Members expressed general support and noted the bill’s importance, but no formal action was taken on the bill during the hearing. The committee then took up House File 4543, a bill to create a centralized payroll reporting portal for prevailing wage projects. Representative Frazier said the bill would reduce administrative burden on project owners, improve transparency and accountability, and help prevent wage theft, misclassification, tax fraud, and insurance fraud. Testifiers from county, city, and contractor groups largely supported the idea of streamlining reporting, but contractor representatives raised concerns about employee data privacy, public access to sensitive payroll information, duplication of existing systems, interoperability with contractor software, and the need for stakeholder engagement. Members echoed both support and caution, and the bill was laid over as amended rather than advanced. Finally, the committee considered House File 4821, described by Chair Klevorn as addressing the “penny problem” and a related change to high-deductible insurance plans. The bill would authorize state agencies to round cash transactions because of the penny shortage and would change MMB’s obligation to offer certain high-deductible health plans from “must” to “may,” producing modest administrative savings. Members questioned the drafting of the rounding language and asked about cash transactions at state agencies and the handling of cannabis tax payments. The chair noted the bill had missed the deadline and would be caught by the chief clerk’s office; the discussion ended with the bill being laid over as amended.
ND

North Dakota 2026 1st Special Session

Government Finance Committee Mar 19th, 2026 at 01:00 pm

Government Finance Committee

Transcript Highlights:
  • Individual is actually $750 light because instead of a $15,000 deduction, that moved to $15,750.
  • deduction of $750 and $1,500, the additional $6,000 standard deduction for seniors, the impact that
  • C, D, and E, tip income, overtime pay, deduction for auto loan interest, up to 10,000.
  • And if you look at the standard rate, or not standard rate, but if we used a 2% rate for North Dakota
  • Brian, are you able to determine, by that standard deduction for some seniors, what percent of our senior
Keywords: 908, all
ND

North Dakota 2025-2026 Regular Session

Senate Floor Session Apr 21st, 2025 at 12:30 pm

North Dakota Senate Floor Meeting

Transcript Highlights:
  • This is about whether or not that coupon should apply to their deductible.
  • Either through premiums, higher deductibles, or co-pays.
  • So if you had car insurance and you had a $250 deductible, you would have to have a $250 deductible the
  • So if you had car insurance and you had a $250 deductible, you would have to have a $250 deductible the
  • Yes, you can lower your plan premiums by increasing your deductibles.
Keywords: 908, all
Summary: The Senate reconvened and handled several House messages and conference committee appointments before taking up a series of bills. It appointed conference committees on Senate Bill 2265 and House Bills 1454, 1448, and 1524. The chamber also adopted a Senate amendment to House Bill 1216, delaying its effective date for the copay accumulator prescription drug bill to January 1, 2026, with later renewal timing for non-PERS plans. House Bill 1216 then came up for final passage. Senators debated whether allowing copay accumulator programs to count manufacturer coupons toward deductibles would help patients with expensive drugs or unfairly shift costs to insurers and other policyholders. Supporters said it would help people afford life-saving medications and that the coupon payments go to pharmacies, not insurers; opponents argued it could raise premiums and create perverse incentives for drug pricing. The bill passed 29-18. The Senate also concurred in House amendments to Senate Bill 2160, which changes health insurance benefits under the Uniform Group Insurance Program to move from a grandfathered to a non-grandfathered plan, with supporters emphasizing added benefits and flexibility and opponents warning of higher costs and irreversible changes. That bill passed concurrence 33-14 and final passage 39-8. The Senate next concurred in House amendments to Senate Bill 2339, the wildfire mitigation bill, which requires utility mitigation plans to be updated every two years, incorporate national electric standards, and creates a rebuttable presumption of reasonable care if the plan is followed. The bill then passed final passage 46-1. The chamber also adopted conference committee reports and passed House Bill 1460 on adult foster care and monitoring devices, House Bill 1440 on cigar lounge tobacco use, and Senate Bill 2374 on insurance-related provisions including property insurance arbitration, managed repair programs, and surplus lines issues; SB 2374 also added a study on towing and recovery coverage. The session ended with announcements of upcoming conference committee meetings and adjournment until April 22, 2025.
TX

Texas 89th Regular

Business and Commerce Apr 15th, 2025

Business & Commerce

Transcript Highlights:
  • based on that standard.
  • So we're going to deduct dues from some people, but we're not going to deduct dues for teachers?
  • They can get automatic payroll deduction.
  • I'm fine with not deducting anybody's or deducting everybody's, but not taking and picking winners and
  • I'm fine with not deducting anybody's or deducting everybody's but not going to take and picking winners
Summary: The committee took up a long list of pending bills before moving to several bills on the day’s posting. It reported favorably SB 438, SB 512, SB 647, SB 648, SB 715, SB 758, SB 1964, SB 2121, SB 2145, SB 2167, SB 2330, SB 2349, SB 2443, SB 2629, SB 2702, SB 1495, and SB 2268, with several of those adopted from committee substitutes. Some measures were sent to the local and uncontested calendar, while others were reported to the full Senate. Votes on the pending-business bills were generally strong, though SB 715 and SB 2330 drew recorded opposition; SB 647 and SB 648 had one member present not voting because of confusion over the deed-related bills. A major discussion centered on SB 715, which would establish a reliability standard and penalties/incentives for generation resources. Senator Sparks said the committee substitute would avoid unfairly penalizing existing dispatchable generation, allow wind and solar to qualify through storage or backup power, give the PUC flexibility to set standards and phase in the program, and exempt switchable units. Critics raised concerns that it could raise consumer costs and destabilize the market, while supporters argued it would improve reliability. The committee substitute was adopted and the bill was reported out 6-4. The committee also heard testimony on SB 2330, dealing with payroll deduction for association dues, where the author said the bill would end state involvement in dues collection except for first responders covered by meet-and-confer agreements. Members questioned why teachers and other employees were treated differently, and the bill was reported out 6-5. Other notable bills included SB 2864 on building-integrated photovoltaics, SB 1012 on sale of surplus state property, SB 2221 on fraudulent UCC filings, SB 1705 regulating cryptocurrency kiosks with licensing, transaction limits, fee caps, and a 72-hour hold, SB 1181 on combative sports licensing, SB 2586 on HOA transparency, SB 2075 as a TDLR cleanup bill, and SB 383 restricting offshore wind interconnection based on impacts to shipping, wildlife, and coastal interests. Several of these were left pending after testimony, with SB 1705 drawing both law enforcement support and industry concerns over the fee caps and limits.
TX

Texas 89th Regular

Delivery of Government Efficiency May 7th, 2025

Delivery of Government Efficiency

Transcript Highlights:
  • Under this program, our employees would not be required to pay deductibles, co-payments, co-insurance
  • It mandates clear disclosures for public-facing AI systems and standardized notices about data use and
  • We're particularly glad to see that the bill relies on established standards from the National Institute
  • of Standards and Technology's AI risk management framework. to ensure that there is strong and clear
  • Specifically in the use of artificial intelligence through inventorying and standardized notices.
NH

New Hampshire 2025 Regular Session

Senate Finance (03/04/2025)

Finance

Transcript Highlights:
  • compared to low-deductible plans.
  • So if it's an industry standard, it's the industry standard for how to underprice a pool for up to 5
  • So if it's an industry standard, it's the industry standard for how to underprice a pool for up to 5
  • a common the deductible uh that's a common industry<01:31:44.719> standard<01:31:45.520> so
  • standards there are reasonable standards standards there are reasonable standards that<01:42:28.880
Keywords: 1191, senate, all
AZ

Arizona 2026 Regular Session

02/16/2026 - Senate Finance

Finance

Transcript Highlights:
  • For high-deductible health plans, the bill applies the prohibition after meeting the deductible unless
  • For high-deductible health plans, the bill applies the prohibition after meeting the deductible unless
  • It's something about high-deductible plans only, or no? Mr.
  • Chairman, Senator... ...high-deductible plans only, or no? Mr.
  • , even though countries left the gold standard in the Great Depression, and yes... ...standard, even
Summary: The Senate Finance Committee approved committee amendments and then heard a series of bills covering consumer lending, health insurance, chiropractic practice, breast cancer screening, insurance claim practices, digital assets, vaccination-based reimbursement, agricultural property inspections, and aviation tax exemptions. Testimony generally split between sponsors and industry or advocacy supporters emphasizing modernization, consumer access, or fairness, and opponents raising concerns about higher costs, tax breaks for wealthy interests, or unclear policy changes. Several bills drew detailed debate over whether they would help consumers or shift costs, and multiple witnesses described personal or industry experiences in support of the health-related measures. SB 1689, which would raise consumer loan thresholds and change interest-rate tiers, was amended but failed on a tied vote after Senator Epstein opposed it as shifting costs to smaller borrowers. SB 1347, requiring coverage for fertility preservation for cancer patients, was amended and passed 4-2 after testimony from the sponsor, a nonprofit representative, and two cancer survivors. SB 1165, eliminating cost-sharing for diagnostic and supplemental breast exams, was amended and passed 5-1. SB 1206, updating rules for public adjusters and contractors after loss events, was amended and passed 5-1. SB 1649, creating a digital assets strategic reserve fund, passed 4-2 despite criticism that it was unnecessary and pro-crypto. SB 1212, barring different reimbursement rates based on vaccination status, passed 4-2. SB 1291, limiting county assessors’ ability to reclassify or inspect agricultural property for four years after a successful appeal, was amended to allow inspections if taxable improvements are made and passed 5-1 over assessor opposition. SB 1516, expanding aviation-related tax exemptions to more aircraft maintenance and repair property, passed 4-1 after supporters framed it as economic development and opponents called it a tax break for private jets. SB 1554, updating chiropractic language from “x-ray” to “diagnostic imaging,” initially failed, was reconsidered after additional questioning, and then passed 3-2 after members said the change mainly codified current practice and reduced liability concerns.
ND

North Dakota 2025-2026 Regular Session

Government Finance Committee Mar 19th, 2026

Transcript Highlights:
  • Individual is actually $750 light because instead of a $15,000 deduction, that moved to $15,750.
  • deduction of $750 and $1,500, the additional $6,000 standard deduction for seniors, the impact that
  • And again, that, and then if you look at B, C, D, and E, tip income, overtime pay, deduction for auto
  • And if you look at the standard rate, or not standard rate, but if we used a 2% rate for North Dakota
  • Brian, are you able to determine by that standard deduction for some seniors what percent of our senior
Summary: The Government Finance Committee met with new leadership, approved the December 11 minutes, and received a series of informational updates on the state’s finances and related policy issues. The Office of Management and Budget reported the general fund is tracking very close to forecast, with revenues about $2 million above forecast and an estimated ending balance of about $397 million, higher than previously expected. OMB also reviewed balances in major funds, including the budget stabilization fund, legacy fund, foundation aid stabilization fund, social services fund, and strategic investment and improvements fund, and answered questions about oil tax revenues and fund management. The Tax Department provided updates on taxable sales and purchases by county and industry, noting Cass County as the largest county by taxable sales and that retail trade remains the largest industry sector. Tax Commissioner Brian Kroshus also discussed the federal One Big Beautiful Bill Act and its estimated effects on North Dakota income tax collections, explaining that the projected revenue impacts are measured against a 2025 baseline and that some provisions are temporary while others are permanent. He also reported that primary residence tax credit applications were running ahead of last year, with more than 154,000 received so far and an expectation of roughly 160,000-plus applications. The committee also heard fee-study presentations from the Department of Transportation and the Information Technology Department. DOT explained that driver’s license fees cover only about half of program costs and that the shortfall is subsidized by the highway fund, while also noting recent changes such as the blackout plate and motor vehicle excise tax distribution changes. NDIT described its internal service fund model, current billing structure, and possible future changes to simplify invoices and billing frequency. Legislative staff also updated the committee on office space needs in Bismarck-Mandan and on legislative branch space planning, and subcommittees reported progress on fixed-route transit funding and regional jail capacity, including a visit to the Burleigh-Morton detention facility and discussion of future prison bed needs. No formal votes or legislative actions beyond approving the minutes were taken, and the committee adjourned with its next meeting set for June 25.
KY
Transcript Highlights:
  • inflating the list price to afford PBM rebates, meaning that patients, especially those in high-deductible
  • <00:19:16.080> health<00:19:16.360> plans<00:19:17.159> pay in high deductible
  • health plans pay in high deductible health plans pay artificially<00:19:18.039> high<00:19:18.360
  • Rebates will only be shared with patients during the deductible phase.
  • <00:20:25.600> is patients deductible is patients deductible is met<00:20:27.520> and
Summary: The House Standing Committee on Banking and Insurance met with a quorum and first took up Senate Bill 145, sponsored by Sen. David Givens. The bill would update retail installment contract statutes for automobile sales, allowing retailers with installment contracts shorter than 28 days to begin collections after three days instead of waiting for multiple missed payments, and it also harmonizes a related dollar amount in statute from $10 to $15. The committee asked no questions, and the bill received a favorable expression on a roll-call vote. The committee then heard Senate Bill 183 from Sen. Matt Nunn, with testimony from Chris Nolan of the American Property Casualty Insurance Association. The bill would require proxy advisers acting for the State Retirement System to act solely in the financial interest of current and future retirees and to avoid political or social considerations in shareholder voting recommendations. Supporters argued it would keep politics out of public pensions and align proxy advice with fiduciary duties; members praised the bill and noted Kentucky could be among the first states to adopt such a model. The committee approved the bill with favorable expression after a roll-call vote. The committee also reviewed administrative regulation 808 KAR 9:10 from the Department of Financial Institutions, with no vote required. It then took up House Bill 413, a PBM rebate pass-through bill, with testimony from Sarah Wood of the Diabetes Patient Advocacy Coalition. She said the bill would require 85% of negotiated drug rebates to be passed through to patients at the point of sale, lowering out-of-pocket costs, especially for high-rebate drugs such as insulin, while still allowing 15% to remain with plans. She cited examples from other states and argued the bill would benefit about 650,000 Kentuckians. Hope McClaflin of Anthem opposed the bill, saying it would reduce employers’ ability to use rebates to lower premiums, could disproportionately favor high-cost brand-name drug users, and could create significant costs for state and fully insured plans. Members asked questions about other states’ pass-through rates and the effect on premiums, but no final action on House Bill 413 was taken in the portion of the meeting provided.
NM

New Mexico 2025 Regular Session

IC - Revenue Stabilization and Tax Policy Aug 14th, 2025

Revenue Stabilization & Tax Policy Committee

Transcript Highlights:
  • It is also deductible from the GRT.
  • It is deductible from the GRT, so there should be no tax on medical cannabis sales.
  • Every credit, deduction, exemption—everything like that.
  • Now, when you claim that deduction, you do have to separately report it.
  • The deduction for hospital receipts is about $260 million and on down.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Tuesday, February 10, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • It does not lower standards.
  • It does not lower standards.
  • It does not lower standards.
  • It does not lower standards.
  • It does not lower standards.
WY

Wyoming 2026 Regular Session

Health Insurance Affordability Task Force, June 17, 2026 - AM

Health Insurance Affordability Task Force

Transcript Highlights:
  • and a standard deviation of $200. and a standard deviation of $200.
  • So, up to where the deductible is, you've paid every dollar up to your deductible.
  • every dollar up to your deductible. every dollar up to your deductible.
  • Red can on why the MOOP is different than the deductible, but the deductible is a lot lower.
  • , MOOP is different than the deductible, MOOP is different than the deductible, but<02:13:00.800>
Keywords: 916, all