Video & Transcript Research : 'cost of borrowing'

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TX

Texas 89th Regular

Pensions, Investments & Financial Services May 12th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • more, because with rising costs of construction going up every year, if we do this for five years, that
  • They have the lowest interest cost of our debt because they are so short-term.
  • It costs the taxpayers more through interest cost. So I'm in favor of any bill that basically...
  • What is the level of project cost that takes you from doing short-term anticipation notes on a project
  • We started with $750 million of needs, and after we looked at inflation costs we ended up at about $1.5
Bills: SB512, SB1024
TX
Transcript Highlights:
  • received a cost-of-living adjustment in over 25 years.
  • The last time Texas retirees received a cost-of-living adjustment, a gallon of gas cost $1.60.
  • And when these workers leave, it costs all of us.
  • received a cost-of-living adjustment in over 25 years.
  • The last time Texas retirees received a cost-of-living adjustment, a gallon of gas cost $1.60.
Summary: The committee meeting focused on critical issues facing Texas state employees and retirees, highlighting the need for increased compensation and improved benefits. Senator Sarah Eckhardt and Representative John Busey presented new legislation aimed at addressing these longstanding problems, including proposed House Bills 343 and 247, which seek a $10,000 across-the-board pay increase for state employees. Senator Eckhardt emphasized the growing wage gap between public sector jobs and private sector offerings, which has led to high turnover rates and the loss of institutional knowledge. Public testimonies underscored the urgency of the issue as retirees shared their struggles with stagnant pensions amidst rising living costs.
AZ

Arizona 2026 Regular Session

03/23/2026 - Senate Finance

Finance

Transcript Highlights:
  • paying for the cost of the fees, now you're paying for the cost of the fees plus the cost of creating
  • cost of the fees now you're paying for the cost of the fees plus the cost of creating maintaining operating
  • issuing bonds to assist the district in achieving the most effective cost of borrowing, and act in the
  • of what it costs for the fees.
  • Chairman, would it be possible to have kind of the bid of the cost of, you know, I think having... ..
Summary: The Senate Finance Committee approved the minutes from March 16, 2026, then heard testimony on a series of bills, with the chair noting that testimony and votes would be handled in batches because members were coming and going. HB 2939 would raise the rural qualified facilities tax credit from $20,000 to $25,000 per job for certain projects with initial investment under $2 billion. Lucid Motors supported the change as a tool to attract manufacturing jobs to rural Arizona, while opponents questioned whether the higher credit would actually create new jobs and pointed to a fiscal note that could reach $48 million. The committee later passed the bill 5-2. HB 2950 would authorize municipalities and counties to form tourism improvement areas funded by lodging business assessments for marketing and tourism promotion. The Arizona Lodging and Tourism Association and Visit Phoenix supported the measure, describing TIAs as voluntary, locally controlled tools already used in other states and useful for rural destinations; senators pressed on whether the assessments were truly voluntary and how the districts would be formed and administered. The bill passed 5-2. HB 2780, a technical cleanup bill related to property tax lien foreclosure and excess proceeds sales, was described as conforming changes to a prior law creating a mechanism for delinquent taxpayers to recover equity; it passed 6-1. HB 2502 would allow certain ASRS members who are elected officials to retire at normal retirement age without resigning their elected office, with the employer paying the alternate contribution rate. ASRS said it was neutral, and the sponsor and a lobbyist argued the bill would create parity with non-elected members who can retire and return to work; the committee passed it 5-2. HB 2140, as amended by a striker, would let the state treasurer invest up to 10% of trust and treasury monies in physical gold or silver bullion held in secure U.S. depositories. The sponsor and Sound Money Defense League supported it as a diversification and inflation hedge, while opponents argued gold is volatile, costly to store, and not a better use of taxpayer funds; the committee adopted the striker and passed the bill 4-2. HB 2398 would require commercial liability insurance for watercraft rented or hired in Arizona, including peer-to-peer boat-sharing programs, while not affecting ordinary personal boat ownership. The sponsor, insurers, and rental operators said the bill responds to uninsured boats being rented through apps and to safety and liability problems; some members said training should also be addressed. The committee adopted an amendment and passed the bill 6-1. Finally, HB 2999 would create state affordable infrastructure districts to finance public infrastructure for housing through bonds, taxes, and assessments, with unanimous landowner consent and disclosure requirements. Home builders and contractors said the districts could lower upfront housing costs and improve financing, but contractors sought stronger payment protections and some senators worried the bill could add red tape and costs without guaranteeing savings to homebuyers. After adopting a large amendment, the committee passed HB 2999, though at least one member voted no and another passed on the vote.
AL

Alabama 2026 1st Special Session

Alabama House Economic Development and Tourism Committee Mar 11th, 2026

Economic Development and Tourism

Transcript Highlights:
  • . >> Well, I'll take care of it. >> Well, I'll take care of it. >> Well, I'll take care of it. >> There
  • The markup can be no more than 16.99% of the cost of merchandise plus freight cost.
  • This bill is going to provide that the term cost of merchandise shall only include the amount the board
  • pays for case lots of liquor.
  • Got refill shop out of my house. I'm got refill shop out of my house.
Bills: SB289, HB395
TX

Texas 89th Regular

Health and Human Services May 23rd, 2025

Health & Human Services

Transcript Highlights:
  • If you wish to provide testimony, please register on one of the kiosks located outside of the chamber
  • Well, in support of support. Chair: OK, you're right. In support of this.
  • 120 acts of vandalism of personal property of employees and caseworkers by youth wards of the state
  • of those findings is clear.
  • of need.
Bills: HB50
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 4/1/25

Taxes

Transcript Highlights:
  • <00:41:54.839> of<00:41:55.000> the session given the financial cost of the session
  • Paul is looking at special law for usage of redevelopment TIF, which costs the state of Minnesota nothing
  • Paul is looking at special law for usage of redevelopment TIF, which costs the state of Minnesota nothing
  • Paul is looking at special law for usage of redevelopment TIF, which costs the state of Minnesota nothing
  • <00:51:52.520> of to finance the Redevelopment costs of to finance the Redevelopment costs
MN

Minnesota 2025 1st Special Session

Committee on Finance - 05/08/25

Finance

Transcript Highlights:
  • We want to lower the cost of minute.
  • And this covers inflationary cost and cost of a new database at the department.
  • On page seven of the amendment, costs.
  • <00:23:06.080> of requires Excel to report the cost of requires Excel to report the cost of
  • of the extra cost that goes to benefit of the extra cost that goes to everyone<00:31:53.519> else
Bills: HF2438
MN

Minnesota 2025-2026 Regular Session

Taxes Committee Meeting - 2025-04-21

Taxes

Transcript Highlights:
  • The hour of 4 p.m. having arrived, I'll call this meeting of the Tax Committee to order for Monday, April
  • Currently, the number of vehicles on the predator ban has less than 1% of the passenger vehicles.
  • The ways are now in the hundreds of millions of dollars with no end in sight.
  • , representing an annualized cost of $4.5 billion per year to Minnesota citizens.
  • Of course, the bridge connects the University of Minnesota to the University of Minnesota. campuses,
Bills: HF2438
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 4/21/25

Taxes

Transcript Highlights:
  • This being an annualized cost of $4.5 billion per year to Minnesota citizens.
  • This being an annualized cost of $4.5 billion per year to Minnesota citizens.
  • This being an annualized cost of $4.5 billion per year to Minnesota citizens.
  • So, it's appropriate for this project to be paid out of a regional fund rather than having the cost borne
  • So, it's appropriate for this project to be paid out of a regional fund rather than having the cost borne
Bills: HF2438
MN

Minnesota 2025 1st Special Session

House Transportation Finance and Policy Committee 4/11/25

Transportation Finance and Policy

Transcript Highlights:
  • from the effects of that by 2049, costs from the effects of climate<00:15:03.920> change<00:15
  • <00:24:55.919> of in our daily lives and the cost of in our daily lives and the cost of transportation
  • <00:29:12.000> of predicted that the skyrocketing cost of predicted that the skyrocketing
  • Well, look at cost, right? Representative Jones spoke about one aspect of cost.
  • Um, people die, it costs a lot of money.
Bills: HF2438
MN

Minnesota 2025 1st Special Session

House Transportation Finance and Policy Committee 4/10/25

Transportation Finance and Policy

Transcript Highlights:
  • 00:25:44.880> the<00:25:45.039> availability<00:25:45.600> of of the dates of of
  • the availability of of the dates of of the availability of the<00:25:46.000> funds.
  • <00:26:23.840> tracking context of of the various um tracking context of of the various um
  • of those types of aircraft.
  • of different kinds of projects. of different kinds of projects.
Bills: HF2438
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/5/26

Commerce Finance and Policy

Transcript Highlights:
  • Many aspects of the cost of care and cost of insurance are outside the direct control of this legislature
  • Many aspects of the cost of care and cost of insurance are outside the direct control of this legislature
  • Um, the cost of paying for hospitals and doctors and nurses and um all of the care, all of the costs
  • The biggest driver of what's driving cost is the cost of the care that's being provided.
  • Um, the cost of paying for hospitals and doctors and nurses and um all of the care, all of the costs
Bills: HF3388, HF400
Summary: The committee approved the minutes from the prior day and then heard House File 400, a bill described as a defrayal measure for health insurance mandates. Representative Perryman said the bill would not block future mandates, but would require the state to pay the added costs of any new mandated benefits so those costs would not be shifted to premium payers. She and supporters framed the bill as a way to protect affordability for Minnesota employers, workers, and families, especially in the fully insured market. Testimony in support came from the Minnesota Chamber of Commerce and the Minnesota Council of Health Plans. They argued that Minnesota has a high number of mandated benefits, that each new mandate adds cost to premiums, and that businesses—especially small and midsize employers—are already struggling with rising health insurance costs. The health plans representative said the bill would use the existing Commerce defrayal process to reimburse plans for eligible mandate-related claims, allowing those costs to be removed from premium rates. Several members echoed support, saying the bill would improve transparency by showing the fiscal impact of proposed mandates and help prevent people from being priced out of coverage. Members also explored how mandates apply in the market and how premiums are set. Deputy Commissioner Julia Dryer explained that, unless otherwise specified, mandates generally apply to the individual, small group, and fully insured large group markets, while self-insured ERISA plans and other markets are generally outside that scope. Representative Elkins noted that the affected market is relatively small and said small businesses are increasingly moving to self-insured plans because of cost. He and others raised concerns about affordability, while Representative Smith argued that mandates often ensure needed care and that the bill shifts costs to taxpayers rather than insurers. Representative Bacham added a personal example from tribal self-insurance, saying preventive physicals had saved lives and asking whether other factors besides mandates are driving insurer costs. No amendments were offered, and the bill was laid over for possible future consideration.
FL

Florida 2026 Regular Session

Appropriations Committee on Pre-K - 12 Education Feb 4th, 2026

Appropriations Committee on Pre-K - 12 Education

Transcript Highlights:
  • cost-of-living adjustments and advanced degrees.
  • It restores meaningful use of cost-of-living adjustments for educators with direct student contact.
  • He's kind of a big deal at FSU. Yeah. He's kind of a big deal at FSU.
  • So I look at some of the things we have here as a can of tuna fish.
  • So I look at some of the things we have here as a can of tuna fish.
Bills: S0920, S1036, S1216
Summary: The Appropriations Committee on Pre-K-12 Education met with a quorum present and first temporarily postponed SB 920 on mathematics education. The committee then took up SB 1216 on public school personnel compensation, sponsored by Senator Rodriguez, which would give districts more flexibility in educator pay by restoring meaningful cost-of-living adjustments for teachers with direct student contact, allowing recognition of relevant advanced degrees, and removing rigid performance-pay caps. Several senators spoke in support, emphasizing teacher retention, compensation, and education as a state investment. The bill was reported favorably on a unanimous roll call vote. After a brief recess, the committee considered CS/SB 1036 on school counselors, sponsored by Senator Calatayud, to address counselor shortages by removing certification barriers tied to classroom teacher requirements. The sponsor and supporting testimony described recruitment and retention problems, high counselor-to-student ratios, and the need for counselors to focus on student academics, mental health, and college/career readiness rather than administrative duties. Public testimony came from students, educators, and school personnel who described limited access to counselors and the impact on student well-being and college planning. Committee members broadly supported the bill while noting that counselors are often overburdened and that additional support personnel, including BRACE advisors, may also need attention in the future. Senators also discussed broader efficiency measures and the need for schools and colleges to improve access to guidance services. CS/SB 1036 was reported favorably by unanimous vote. At the end of the meeting, members recorded their votes on the two bills, and the committee adjourned.
TX
Transcript Highlights:
  • If you wish to provide testimony, please register on one of the kiosks located outside of the chamber
  • of vandalism of personal property of employees and caseworkers. by youth wards of the state or those
  • A bit of background.
  • of providing direct care.
  • of need.
Bills: HB50
MN

Minnesota 2025-2026 Regular Session

House Human Services Finance and Policy Committee 3/12/26

Human Services Finance and Policy

Transcript Highlights:
  • It requires a cost-of-living adjustment to be built into the Waiver Reimagine Phase 2 methodology, and
  • It<00:34:32.079> requires<00:34:32.399> a<00:34:32.639> cost<00:34:32.879> of
  • <00:34:33.040> living<00:34:33.280> adjustment It requires a cost of living adjustment
  • It requires a cost of living adjustment to<00:34:33.839> be<00:34:34.000> built<00:34:
  • the cost of the 24-hour care he would require in a residential setting.
Bills: HF3174, HF3800
MN

Minnesota 2025-2026 Regular Session

House Health Finance and Policy Committee 2/23/26

Health Finance and Policy

Transcript Highlights:
  • And then, you know, what's the cost to the state of Minnesota?
  • <00:43:02.400> of<00:43:02.640> doing we look at what's the cost of doing we look at
  • the cost to the state of know what's the cost to the state of Minnesota?
  • cost to the state of Minnesota to implement this?
  • Typically, though, the fees of the board would cover the costs.
OK

Oklahoma 2026 Regular Session

Retirement and Government Resources Feb 10th, 2026 at 10:30 am

Retirement and Government Resources

Transcript Highlights:
  • That's kind of beyond the purview of what I intended in the bill.
  • So there's no interest on part of the author to occult any of those.
  • The number of teachers that retire and get out of our system completely.
  • , and allow a cost-of-living adjustment (COLA) to move forward as those funds grow.
  • Most of them, about half of them, are already currently at 100% or over.
AZ

Arizona 2026 Regular Session

02/11/2026 - House Ways & Means

Ways & Means

Transcript Highlights:
  • The most significant of these is 17,000 acres of Harquahala water, costing the town $280 million, another
  • addressing elevated inflation and the rising cost of living.
  • , the social cost, the need for services, how that can be left out of this.
  • My own prescription costs were increased by 150% at the start of this new year.
  • Uh, in everyday cost and expenses of living, uh, still recovering from the heavy, heavy blight of inflation
Summary: The committee first heard House Bill 2780, a technical cleanup measure related to Arizona’s judicial tax lien foreclosure and excess proceeds process. The sponsor and a witness said the bill clarifies when a court should order a public sale, standardizes distribution of sale proceeds, and corrects inconsistencies left from prior reforms. No opposition was raised, and the committee approved HB 2780 unanimously on a 9-0 do pass vote. The committee then took up House Bill 4029, which would require the Governor’s Office of Strategic Planning and Budgeting and the Joint Legislative Budget Committee to evaluate the revenue impact of federal tax conformity changes earlier in the process, and would require the Department of Revenue to issue tax forms consistent with statute. An amendment was adopted to have OSPB and JLBC each make the evaluation and to require a governor’s report if the impact is $100 million or more, along with new reporting deadlines for DOR. Supporters argued the bill would force earlier action on conformity and prevent tax forms from diverging from statute; opponents said it added bureaucracy and could delay filing. The committee approved HB 4029 as amended by a 5-4 vote. The committee also heard House Bill 4030 and the related HCR 2052, both aimed at limiting local tax and fee increases. HB 4030 would bar municipalities and counties from adopting, imposing, or collecting increased fees, transaction privilege taxes, and utility rates from July 1, 2026, through June 30, 2030. The sponsor said the measure was intended to protect taxpayers from inflation and rising local costs. Cities, counties, and utility representatives opposed the bills, warning they would hinder infrastructure financing, water and wastewater projects, road improvements, and public safety services, and could force general fund subsidies or delayed maintenance. Supporters argued local governments have seen substantial revenue growth and should be restrained from further increases. The committee did not reach a final vote on HB 4030 or HCR 2052 in the portion provided.