Video & Transcript Research : 'group capital calculation'
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MN
Minnesota 2025-2026 Regular Session
Commerce Committee Meeting - 2025-04-03
Commerce Finance and Policy
Keywords:
foreclosure, mortgage postponement, homeowners, redemption period, Minnesota Statutes, cannabis, hemp, lower-potency, edibles, regulations, licensing, local control, consumer safety, age restrictions, commerce policy, financial institutions, insurance regulation, limited long-term care insurance, Medicare supplement, health insurance
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 4/3/25
Commerce Finance and Policy
Keywords:
foreclosure, mortgage postponement, homeowners, redemption period, Minnesota Statutes, cannabis, hemp, lower-potency, edibles, regulations, licensing, local control, consumer safety, age restrictions, commerce policy, financial institutions, insurance regulation, limited long-term care insurance, Medicare supplement, health insurance
MN
Minnesota 2025-2026 Regular Session
Commerce Committee Meeting - 2025-04-02
Commerce Finance and Policy
Transcript Highlights:
- changes around mortgage indexing, which replaces a defunct benchmark index that the department uses to calculate
- Group capital and liquidity, these are must-pass NAIC model laws that create additional metrics and transparency
- I was part of the group that fought for the legalization of medical cannabis with Kim.
- It goes too far in that it allows well-capitalized MSOs who already have a head start to have double
Keywords:
medical cannabis, cultivation, cannabinoid products, plant canopy, Minnesota statutes, cannabis, hemp, lower-potency, edibles, regulations, licensing, local control, consumer safety, age restrictions, commerce policy, financial institutions, insurance regulation, limited long-term care insurance, Medicare supplement, health insurance
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 4/2/25
Commerce Finance and Policy
Transcript Highlights:
- Group capital and liquidity.
- Group capital and liquidity.
- Group capital and liquidity.
- Group capital and liquidity.
- Group capital and liquidity.
Keywords:
medical cannabis, cultivation, cannabinoid products, plant canopy, Minnesota statutes, cannabis, hemp, lower-potency, edibles, regulations, licensing, local control, consumer safety, age restrictions, commerce policy, financial institutions, insurance regulation, limited long-term care insurance, Medicare supplement, health insurance
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 3/19/25
Commerce Finance and Policy
Transcript Highlights:
- where any decision that we make is going to create perhaps new problems, but also benefit another group
- But a lot of and make that calculation.
- group of people that are moving through. group of people that are moving through.
- ,<00:35:15.440>
their it's themselves, the larger group, their it's themselves, the larger - group, their children<00:35:16.400>
who <00:35:16.640>are <00:35:16.800>going <00
Keywords:
fire safety, public safety, statewide fire code, code cleanup, repeal, obsolete statutes, matches, strike-anywhere matches, safety matches, match packaging, match storage, tent safety, flame resistant tents, public assembly tents, flammable materials, fire code modernization, Minnesota Statutes chapter 325F, commerce policy, financial institutions, insurance regulation
MN
Transcript Highlights:
- <00:14:49.519>
think mandate racialized group think mandate racialized group think throughout - I was allowed only to observe the work group as they met as a large group for the first half hour and
- could have been attained the work group could have been attained the work group was<00:22:16.279
- group.
- group.
Keywords:
railroad, infrastructure, transportation funding, environmental remediation, capital investment, HF921, tax increment financing, TIF, excess tax increment, school district aid, levy adjustment, property tax levy, education finance, Minnesota education aid, decertification, local government finance, school funding formula, state aid reduction, referendum equalization aid, debt service equalization
MN
Minnesota 2025-2026 Regular Session
Commerce Committee Meeting - 2025-03-27
Commerce Finance and Policy
Transcript Highlights:
- The benchmark index used to calculate these maximum interest rates, and as of August 1st, 2024, to respond
- Absent this, we are again unable to calculate these numbers.
- But Congress is recommending the adoption of the National Association of Insurance Commissioners group
- capital calculation and liquidity stress testing requirements.
- What it does is just bring another group of people under the same umbrella on that.
Keywords:
financial institutions, insurance regulation, insurance holding company, group capital calculation, liquidity stress test, NAIC, National Association of Insurance Commissioners, insurer solvency, affiliate transactions, groupwide supervision, internationally active insurance group, lead state commissioner, policyholder protection, hazardous financial condition, deposit or bond, contract for deed, conventional loan, cooperative apartment loan, mortgage interest rate cap, average prime offer rate
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 3/27/25
Commerce Finance and Policy
Transcript Highlights:
- Absent this, we are again unable to calculate these numbers.
- capital calculation and liquidity stress testing requirements from the packet that we included.
- <00:04:24.880>
Capital <00:04:25.320>calculation Commissioners group Capital calculation - Commissioners group Capital calculation and<00:04:26.080>
liquidity <00:04:26.560>stress - What it does, it just brings another group of people under the same umbrella on that.
Keywords:
financial institutions, insurance regulation, insurance holding company, group capital calculation, liquidity stress test, NAIC, National Association of Insurance Commissioners, insurer solvency, affiliate transactions, groupwide supervision, internationally active insurance group, lead state commissioner, policyholder protection, hazardous financial condition, deposit or bond, contract for deed, conventional loan, cooperative apartment loan, mortgage interest rate cap, average prime offer rate
OK
Transcript Highlights:
- disasters and in crisis for over 40 years and currently a senior administrator for Team Health, the group
- They've liked to shift the cost or the loss of funds to the hospitals and to the physician groups, but
Keywords:
licensure, criminal history, public safety, occupational certification, rehabilitation, state regulations, insurance, regulations, certification, long-term care, mergers, consumer protection, property safety, vision insurance, optometry, reimbursement, healthcare policy, ophthalmic materials, provider agreements, captive insurance
OK
Oklahoma 2026 Regular Session
Commerce and Economic Development Oversight REVISION 2: HB3127 - Added Mar 5th, 2026 at 10:30 am
Commerce & Economic Development Oversight
Keywords:
captive insurance, protected cell, sponsored captive, captive insurer, insurance commissioner, premium tax, dormant captive, risk retention group, pure captive, association captive, industrial insured captive, series captive, branch captive, special purpose captive, reciprocal insurer, capital and surplus, letter of credit, change in control, merger, conversion
MN
Minnesota 2025-2026 Regular Session
State Committee Meeting - 2026-03-26
State Government Finance and Policy
Transcript Highlights:
- that's why we're putting the work group that's why we're putting the work group together<00:03:24.320
- <00:05:10.520>
Area Resources and the Capital Area Resources and the Capital Area Architecture - So, um, it is my understanding in the Capital Mall Design Framework Fund, there is $1,682,000.
- Um the Capital I mean across our state.
- visiting the capital visiting the capital to<00:47:25.000>
uh to uh to uh use<00:47:26.200
Keywords:
Melissa Hortman, Mark Hortman, memorial park, state park, working group, Minnesota Historical Society, Capitol Area Architectural and Planning Board, Saint Paul, Department of Natural Resources, Department of Administration, Legislative Coordinating Commission, general fund appropriation, park planning, interpretive services, public engagement, state memorial, land use, natural resources, commemorative legislation, HF4470
VA
Virginia 2026 1st Special Session
Tribute to Senator Yvonne Miller Work Group Jun 15th, 2026
Transcript Highlights:
- Memorial Commission Tribute to Senator Yvonne Miller Work Group to order, and have the members introduce
- If y'all are comfortable... ...and distribute to the work group.
- Madam Chair, Chair, members of the work group.
- You have a great work group here. I see. I see. You have a great work group here. I see. I see.
- If there's no further business to discuss for the work group today, we will be adjourned.
Summary:
The Dr. Martin Luther King Jr. Memorial Commission Tribute to Senator Yvonne Miller Work Group met to discuss plans for Senator Miller’s portrait. Members introduced themselves, then took a walking tour of the Capitol to review possible placement locations. After returning, the group agreed the first-floor rotunda area appeared to be the best recommendation because of its visibility, traffic, and central location between the House and Senate, which was seen as especially fitting given Senator Miller’s service in both chambers.
The work group also discussed how to select the portrait artist. Members described prior practices of reviewing artists’ websites or portfolios, narrowing the field to a few candidates, and then comparing style and pricing before making a choice. House staff noted that a portrait vendor or agent could help identify artists, and the group discussed whether a formal RFP was required. Counsel explained that the commission could seek an exemption under the VPPA, allowing a more flexible selection process without following the full statutory procurement procedure.
Members said the exemption request would be handled quickly and included in the report for the full commission meeting the next day. They also agreed to provide a photo of the recommended portrait location for members who had not taken the tour, and to revisit the family’s preferred image so it could be matched to the portrait requirements. The meeting ended with plans to report the location recommendation and continue the portrait selection process at the full commission meeting.
LA
ND
North Dakota 2025-2026 Regular Session
House Industry, Business and Labor Apr 8th, 2025 at 02:45 pm
Industry, Business and Labor
Transcript Highlights:
- mention that essential health benefits is a term that applies to the individual and small employer group
- mention that essential health benefits is a term that applies to the individual and small employer group
- And small employer group market, the PERS plan is a large employer group market.
- Large employer, there are ACA requirements for large employer groups.
- There's a lot of commonality between what's required, but from a large employer group, the Affordable
Bills:
SB2160
Keywords:
health insurance, public employees, uniform group insurance, retirement, state employees, 908, all
Summary:
The committee resumed work on Senate Bill 2160, which would move the Public Employees Retirement System health plan from grandfathered to non-grandfathered status under the Affordable Care Act. PERS officials Rebecca Frickie and Derek Holbein explained that the bill would allow more flexibility in plan design, including higher deductibles, co-pays, and out-of-pocket maximums, while also adding enhanced preventive benefits. They clarified that ACA “essential health benefits” apply to individual and small-group markets, not to PERS as a large employer, and that the bill’s projected cost increases were based on actuarial estimates and prior bid scenarios from Sanford and Blue Cross Blue Shield.
Members debated whether the bill would actually save money or simply shift costs to employees. Supporters argued that non-grandfathered status would create more levers to manage medical inflation and could produce net premium savings through plan redesign, citing prior bid comparisons showing potential reductions of 1% to 8% depending on the option. Opponents, including Representative Schauer and North Dakota United president Nick Archelette, questioned how the state would pay for the estimated $25 million to $30 million in added benefits and warned that employees could face higher out-of-pocket costs amid already strained household budgets. Frickie said the legislature would control funding decisions and that current law requiring the state to pay full family premiums could be changed only by statute.
The committee also discussed reserve funding, with members noting that a $4.3 million reserve draw in the bill was intended to cover the final months of the biennium and could be modified. After testimony and discussion, Vice Chair Johnson moved a do-pass recommendation and referral to Appropriations. The motion passed 10-3-1, with Representatives Ostlie, Schatz, and Schauer voting no. Representative Gump agreed to carry the bill.
NM
Transcript Highlights:
- I hope that those who are organized in unions and parts of those groups look at the data, because there
- I hope that those who are organized in unions and parts of those groups look at the data, because there
- working with the state to see how they can partner if we had more flexible and dynamic sources of capital
- When I was in venture capital, we helped execute an investment in a company called Entropica out of Singapore
- galvanize them, host events, and help with the navigation from going from technical assistance to capital
Keywords:
corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials
NM
Keywords:
corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials
NM
Transcript Highlights:
- Capital-intensive industries like energy, manufacturing, and infrastructure are especially sensitive
- Meanwhile, peer states are moving in the opposite direction, attracting capital, not taxing it away.
- Chair, their foreign income would be included in the calculations for New Mexico tax.
- Is that the capital deduction and accelerated depreciation, or explain necktie to me?
- They’re to finish a capital project at UNM, and they’re to finish a capital project at another higher-ed
Keywords:
corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 3/5/26
Commerce Finance and Policy
Transcript Highlights:
- fully insured market, premiums this year have increased significantly both in individual and small group
- market, and then the fully insured large group market. terms of what terms of what Repres I'll<00:14
- market. fully insured large group market.
- He said the increase in the cost of fully insured individual and small group coverage is part of that
- <01:08:47.679>
other of participation by another group other of participation by another group
Keywords:
HF3388, Minnesota premium security plan, reinsurance, health insurance, group health carriers, MCHA, MNsure, individual market, premium stabilization, carrier assessment, health insurance assessment, premium security plan account, state innovation waiver, high-risk pool, reinsurance payments, healthcare premiums, insurance carriers, deferral of assessment, financially impaired condition, 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.
TX
Keywords:
tax penalties, interest calculation, overpayment, tax law, refund process, historic preservation, heritage tourism, public engagement, Texas Historical Commission, education, pension system, actuarially sound, emergency services, legacy liability, anonymized contributions, economic stabilization fund, state finance, constitutional amendment, budget management, financial security
TX
Keywords:
tax penalties, interest calculation, overpayment, tax law, refund process, historic preservation, heritage tourism, public engagement, Texas Historical Commission, education, pension system, actuarially sound, emergency services, legacy liability, anonymized contributions, economic stabilization fund, state finance, constitutional amendment, budget management, financial security