Video & Transcript Research : 'BU-11'

Page 1 of 500
NH
Transcript Highlights:
  • >> And<00:11:11.360> I<00:11:11.600> realize<00:11:12.000> that<00:11:12.399
  • Do<00:11:32.000> you<00:11:32.079> have<00:11:32.160> a<00:11:32.320> copy
  • <00:11:33.760> Here<00:11:33.920> it >> I<00:11:41.920> know<00:11:42.079
  • <00:11:42.320> Sweeney<00:11:42.720> when<00:11:42.800> I<00:11:42.880> talked
  • called<00:11:44.079> me<00:11:44.480> said<00:11:44.640> he<00:11:44.880
Summary: The meeting began with unanimous committee approval of amendment 2026-2021S to HB 2. Senator Lang explained the amendment corrected a drafting error so that $2.5 million in state funds, matched with federal money for a total of $5 million, could be spent during the biennium rather than lapse at the end of the fiscal year. The money is intended to stabilize Medicaid per diem rates for county nursing homes, and members agreed without objection to adopt the amendment and continue working from the bill as amended by the Senate. The committee then discussed HB 155 and a proposed amendment, 2026-201H, dealing with the business enterprise tax. The House side described the proposal as a compromise that would raise the filing threshold from $250,000 to $375,000 and create a trigger that would reduce the BET rate by 0.05% for each $100 million in combined business tax surplus, down to a floor of 0.25%. Senate members opposed lowering the rate at this time, arguing that tax relief should focus on the filing threshold, which they said would remove filing burdens for about 3,500 small businesses, and that rate cuts should be considered in a budget cycle rather than an off-year. Concerns were raised that one-time revenues, such as tax amnesty receipts or federal repatriation-related surpluses, could unintentionally trigger reductions. Representative Sweeney later offered a revised approach by moving the effective date of the trigger mechanism to January 1, 2028, and said he was also willing to carve out tax amnesty revenues or adjust the effective date to avoid using one-time funds. The Senate remained unwilling to agree to a rate reduction, though it expressed openness to raising the filing threshold further. The committee ultimately did not resolve the business tax issue and recessed to continue discussions at a later time. The final item discussed was HB 1102, concerning an increase in the research and development tax credit paired with changes to state park fees. House members supported the R&D credit increase but opposed tying it to higher park fees, citing concerns about tourism, especially at border parks, and noting that the Department of Natural and Cultural Resources had said it did not need the increase. Senate members defended the park fee changes as a fairness issue, arguing that New Hampshire residents should pay less than out-of-state visitors and that the department had not raised rates in many years. No vote was taken on this item during the discussion captured here.
KY

Kentucky 2026 Regular Session

House Standing Committee on Banking and Insurance. (3-25-26)

Banking & Insurance

Transcript Highlights:
  • And so,<00:11:50.640> this<00:11:51.040> is<00:11:51.240> what<00:11:51.480>
  • this<00:11:51.760> is<00:11:51.960> all<00:11:52.200> about.
  • So, it's<00:11:53.320> a<00:11:53.360> good<00:11:53.640> day.
  • And<00:11:54.680> this<00:11:54.880> is<00:11:55.000> one<00:11:55.120> of
  • :57.560> do<00:11:57.800> get<00:11:58.000> to<00:11:58.120> pass<00:11:58.520
VA

Virginia 2026 1st Special Session

March 11, 2026 - Regular Session

Virginia House Floor Meeting

Transcript Highlights:
  • Bruton was dominant in winning the state championship this year by a wide margin, winning seven of 11
  • Over on page 11, we come to Senate Bill 59, which is legislation to amend and reenact sections of the
  • Over on page 11, we come to Senate Bill 59, which is legislation amended reenact sections of the Code
  • Speaker, having voted on the prevailing side by which we failed to pass Senate Bill 59 on page 11...
  • Senate Joint Resolution 11 reconstitutes the current Booker T.
VA

Virginia 2026 1st Special Session

March 11, 2026 - Regular Session Part 2

Virginia House Floor Meeting

Transcript Highlights:
  • Speaker, I move that when the House adjourns today, it adjourn to reconvene tomorrow at 11 a.m. Mr.
  • Speaker, I move that when the House adjourns today, it adjourn to reconvene tomorrow at 11 a.m.
  • The delegate from Alexandria, Delegate Herring, moves that the House adjourn to reconvene tomorrow at 11
  • The House is now adjourned until tomorrow at 11 a.m.
  • The House is now adjourned until tomorrow at 11 a.m. Thank you. Thank you.