Video & Transcript Research : 'rate increase cap'
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TX
Transcript Highlights:
- It's a property tax increase.
- Tax rates change every year.
- So aside from the M&O rate, but if and to the extent you have an I&S rate on your bonds, you may have
- It's capped.
- Some data points: in a study that we did with the Urban Institute, we saw how employment rate increased
Keywords:
HB 21, Texas Tax Code, ad valorem tax, property tax, delinquent taxes, tax delinquency, penalty reduction, interest rate, split payment, installment payment, tax relief, county tax collector, taxing unit, property owner, tax collection, voter-approval tax rate, no-new-revenue tax rate, tax increase election, supermajority, 60 percent threshold
MN
Minnesota 2025-2026 Regular Session
House Energy Finance and Policy Committee 3/24/26
Energy Finance and Policy
Transcript Highlights:
- , and lost revenue, lost federal subsidies due to HR1, placing a cap on interim rate increases will reduce
- It will cap interim rate increases at no more than 5% while a utility's rate case is under review.
- First, by capping interim rates, utilities may find it necessary to file for rate increases more frequently
- <00:20:56.559>
increases period of time the rate increases period of time the rate increases - may lag rate increases, putting recovery may lag rate increases, putting additional<00:21:36.480>
Keywords:
public utility, interim rates, utility rates, rate case, general rate case, Minnesota Public Utilities Commission, PUC, rate increase cap, rate freeze, refunds, customer refunds, ratepayer protection, electric utility, gas utility, regulated utility, ratemaking, return on equity, rate base, test year, rate design
TX
Transcript Highlights:
- That's a 40% increase.
- tax rates at the voter-approval tax rate, and how often voters have approved tax rates in excess of
- rate, and 19% of cities approved by voters tax rates above the voter-approval rate.
- But that issue aside, I do want to say, look, there is the potential for a 24% tax rate increase, but
- rate.
Bills:
SB9
Keywords:
property tax, ad valorem tax, voter-approval tax rate, no-new-revenue tax rate, tax rate calculation, Tax Code, local government finance, municipality, county, special taxing unit, sales and use tax, property tax cap, tax rollback, tax levy, maintenance and operations, debt rate, disaster relief rate, Texas Legislature, local taxing unit
Summary:
The Senate Committee on Local Government met to hear Senate Bill 9, which would lower the voter-approval tax rate for certain local taxing units from 3.5% to 2.5%. Sen. Bettencourt, the bill author, argued the change would continue the state’s property tax reforms begun in 2019, slow local levy growth, and give voters more say over larger tax increases. He and supporters cited data showing property tax levies have grown faster than population plus inflation, and said the bill would help protect taxpayers while preserving the state’s broader investments in school tax relief, water, rural law enforcement, and ambulance funding.
Supporters included the Texas Taxpayers and Research Association, the Texas Association of Business, the Texas Public Policy Foundation, and the Texas Association of Manufacturers. They said the bill would improve transparency, encourage more disciplined budgeting, and create certainty for homeowners and businesses. They argued that lower tax-rate growth would help attract and retain employers and investment, and that voters would still be able to approve higher rates when needed.
Local officials and other opponents said the bill would constrain cities and counties facing rapid growth, inflation, infrastructure needs, and public safety costs. Testimony from county judges, city finance officials, firefighters, and urban county representatives emphasized pressures from jail operations, roads, water, EMS, police and fire staffing, and unfunded mandates. Several witnesses asked for carve-outs or exemptions for public safety and disaster-related costs, warning that a one-size-fits-all cap could force service cuts or shift costs elsewhere. The committee heard extensive questioning but no final vote or disposition on the bill was taken in the portion provided.
TX
Transcript Highlights:
- the Texas Municipal retirement System with greater flexibility in determining employee contribution rates
- Under current law, a city may set member contribution rates at 5%, 6%, or 7% of employee compensation
- It does not mandate an increase in contribution rates.
- Municipalities that adopted different contribution rates for different departments prior to September
- I cannot recollect over the last 40 years that the contribution rate has ever had an increase or a change
Bills:
HB104
Keywords:
property tax, ad valorem tax, tax rate election, voter-approval tax rate, no-new-revenue tax rate, de minimis rate, local government, special district, tax increase, tax notice, public hearing, tax code, Health and Safety Code, Texas property taxes, taxing unit, election threshold, two-thirds vote, majority vote, budget approval
TX
Transcript Highlights:
- Their average rate of return has been 8%.
- What's the, what's the rate of return on that?
- What this bill seeks to do is, is increase funding.
- House Bill 2054 would remove that outdated cap.
- The Senate bill does not remove the $30 million cap as we found an additional funding to increase the
Bills:
HB104
Keywords:
property tax, ad valorem tax, tax rate election, voter-approval tax rate, no-new-revenue tax rate, de minimis rate, local government, special district, tax increase, tax notice, public hearing, tax code, Health and Safety Code, Texas property taxes, taxing unit, election threshold, two-thirds vote, majority vote, budget approval
TX
Transcript Highlights:
- A market-rate one-bedroom might be $1,500, and the market rate on one-bedroom, or excuse me, 60% AMI.
- It is a property tax increase. I can't say it any plainer than that. It's a property tax increase.
- Tax rates change every year.
- That property is worth probably 12 million dollars because the rents are all capped at Section 8 rates
- We saw how the employment rate increased from 56% to 76%.
Keywords:
housing finance, multifamily residential, low income, tax exemption, audit requirements, affordable housing, local government, development bonds, housing assistance, financial assistance, low income housing, community support, affordability, veterans housing, community involvement, air conditioning, tenant support, healthcare, elderly, taxation
TX
Transcript Highlights:
- So, in Texas, members, people are experiencing homelessness at a continuously growing rate, and it is
- HB 636 seeks to foster a collaborative strategy to... ...increase communication across people experiencing
Keywords:
housing finance, multifamily residential, low income, tax exemption, audit requirements, affordable housing, local government, development bonds, housing assistance, financial assistance, low income housing, community support, affordability, veterans housing, community involvement, air conditioning, tenant support, healthcare, elderly, taxation
TX
Transcript Highlights:
- In 2020, the rate was 20.5%, and since then, we've fallen all the way to 14.7% in 2023.
- This bill aims to increase the amount of youth who can access rehabilitative treatment and lower long-term
- schoolyard hypotheticals, despite consistent evidence showing that false rape accusations occur at rates
- You know, I asked the uh previous witness in terms of what else the the state is doing to increase Reporting
- We do want to increase reporting, Representative Ramos.
Bills:
HB47
Keywords:
HB 47, Texas Tax Code, ad valorem taxes, property tax, voter-approval tax rate, tax rate election, taxing unit, injunction, taxpayer rights, property owner, local government finance, tax refund, attorney's fees, court costs, voter-approved tax increase, tax reform, municipal taxes, county taxes, school district taxes, bond election
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
Transcript Highlights:
- As we all know, in the headlines, we are looking at the highest insurance rates in Oklahoma for homeowner's
- It also gives some power to the insurance commissioner to determine to do a check to see if the rates
- do appreciate the clarification and when it comes to having the test be administered at an earlier rate
- constituent request bill, and what this is doing is making sure that a Widow's auto insurance doesn't increase
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
TX
Transcript Highlights:
- . lead to an increase in district property values.
- above the voter approval tax rate for a specific purpose.
- Taxpayers have raised concerns that taxing units re-propose bond propositions and tax rate increases
- Increasing taxes on property owners is a serious matter.
- That rate allowed a taxing entity that adopted a rate below the cutoff to... ...be able to bank the difference
Keywords:
municipal sales tax, street maintenance, local option tax, Tax Code Chapter 327, sales and use tax, street repair, sidewalk maintenance, water infrastructure, wastewater system, stormwater system, local election, ballot language, reauthorization, municipal finance, infrastructure funding, Texas municipalities, street and sidewalk tax, special district tax, public works, property tax
OK
Transcript Highlights:
- Texas had, from 2019 to 2024, a 55% increase in rates according to AARP.
- the effect of potentially slowing the pace of rate increases.
- Rate increases, that part. Do you agree that that's too far? Thank you for the question.
- There's been some unreasonable rate increase.
- This is another way to look at making sure that the rate increases are valid.
Keywords:
insurance, nonadmitted insurers, surplus lines, insurance regulation, Oklahoma, health insurance, contracting entities, medical providers, enrollment, beneficiary rights, property and casualty, rates, filing, Insurance Commissioner, regulation, property, regulations, actuary, rate filing, independent review
TX
Transcript Highlights:
- Okay, the total amount of tax rate increase was 15 percent.
- This is all tax rate increase because of this disaster exemption.
- Tax rate increases following originally proposed items rejected by the voters.
- In 2022, the district pitched a 7.55 cent voter approval tax rate increase but was denied by voters when
- increase, find success, and then come back in the very next year with another voter approval tax rate
Bills:
SB467, SB325, SB867, SB994, SB1052, SB1237, SB1449, SB1531, SB2063, SB2172, SB2173, SB2520, SB2529, SB2538, SB2541, SJR46, SJR84
Keywords:
SB 467, Texas property tax, ad valorem tax, homestead exemption, residence homestead, fire damage, house fire, destroyed home, temporary tax relief, appraisal district, chief appraiser, local taxing unit, tax rollback, tax refund, Tax Code Chapter 11, prorated exemption, homestead improvement, disaster relief, property tax exemption, residential property
TX
Transcript Highlights:
- The total amount of tax rate increase was 15%.
- This is all tax rate increase because of this disaster exemption.
- she decided that the rollback rate is what she would say publicly and not the actual tax rate increase
- In 2023, the district returned with another voter approval tax rate increase seeking a 4-cent increase
- In 2023, the district returned with another voter approval tax rate increase seeking a 4-cent increase
Bills:
SB467, SB325, SB867, SB994, SB1052, SB1237, SB1449, SB1531, SB2063, SB2172, SB2173, SB2520, SB2529, SB2538, SB2541, SJR46, SJR84
Keywords:
SB 467, Texas property tax, ad valorem tax, homestead exemption, residence homestead, fire damage, house fire, destroyed home, temporary tax relief, appraisal district, chief appraiser, local taxing unit, tax rollback, tax refund, Tax Code Chapter 11, prorated exemption, homestead improvement, disaster relief, property tax exemption, residential property
Summary:
The committee heard several local government and property tax bills, with most testimony focused on appraisal disputes, tax administration, and development rules. Senate Bill 1052 by Senator Hinojosa would address coastal county appraisal litigation by requiring property owners in certain large-value disputes to report an uncontested taxable value while appeals are pending, so taxing units can base truth-in-taxation calculations on more realistic revenue. Nueces County, Del Mar College, and Corpus Christi ISD testified in support, describing major budget shortfalls caused by refinery valuation disputes; the committee substitute narrowed and clarified the bill’s scope. No opposition was heard, public testimony closed, and SB 1052 was left pending.
The committee also heard Senate Bill 1531, which would require local tax collectors to accept common electronic property tax payments such as credit cards, debit cards, and e-checks. Witnesses supported modernizing payment options and the committee substitute removed ACH/electronic funds transfer language to avoid bank-account disclosure concerns. Public testimony closed and the bill was left pending. Senate Bill 325, by Senator Perry, would restore platting and groundwater-certification requirements that were unintentionally weakened by prior legislation; supporters from county government, water groups, and builders’ representatives debated whether the real issue was groundwater protection or road standards for private roads. The bill was left pending after extensive testimony and no vote.
The committee then took up Senate Bill 994 and SJR 46, which would exempt certain livestock feed inventory from property tax and provide the constitutional amendment needed for that change. Feed store and Farm Bureau witnesses supported the measure as relief for seasonal inventory taxes, and the bills were left pending. Senator Paxton presented SB 467 and SJR 84 to create a temporary property tax exemption for homes completely destroyed by fire, with refunds or corrected bills based on the date of loss; both were left pending. SB 1237 would clarify charitable property tax exemptions for senior housing and retirement communities, with testimony from Catholic and Baptist retirement organizations and a resident describing rising costs and exemption revocations; it was also left pending. The committee later voted 6-0 to report SB 2073, a pending bill on appraisal district authority to purchase or finance real property, and recommended it for the local and uncontested calendar.
Finally, the committee heard SB 2172, SB 2173, and SB 2063, all related to property tax administration. SB 2172 would limit when appraisal districts can require homeowners to reapply for homestead exemptions, requiring a specific reason and written notice; SB 2173 would protect new homeowners from surprise tax liabilities caused by prior owners’ erroneous homestead exemptions, with testimony describing large back-assessment bills; both were left pending. SB 2063 would bar appraisal districts from using market-value evidence in unequal appraisal protests, and testimony sharply divided between taxpayer advocates, who said market data improperly overwhelms equity claims, and appraisal district representatives, who argued market value is inherently tied to equal-and-uniform taxation and cited a recent Texas Supreme Court decision; the bill was left pending after testimony.
TX
Transcript Highlights:
- That's a 40% increase.
- Tax increase.
- rate.
- Tax rates matter.
- rate.
Keywords:
property tax, ad valorem tax, voter-approval tax rate, no-new-revenue tax rate, tax rate calculation, Tax Code, local government finance, municipality, county, special taxing unit, sales and use tax, property tax cap, tax rollback, tax levy, maintenance and operations, debt rate, disaster relief rate, Texas Legislature, local taxing unit, school assessment
MN
Minnesota 2025 1st Special Session
House Human Services Finance and Policy Committee 3/6/25
Human Services Finance and Policy
Transcript Highlights:
- Once your project is complete, your rates get increased to cover the cost of those projects.
- Once your project is complete, your rates get increased to cover the cost of those projects.
- once your project is complete your rates once your project is complete your rates um<00:02:20.879
- Thank you, Representative Noor. question on the rates uh there's a grant question on the rates uh there's
- rather than moving to a their old rate rather than moving to a updated updated updated rate<00:05:20.199
Keywords:
mental health, behavioral health, psychiatric care, collaborative care model, healthcare funding, service dog, service animal, service dog in training, assistance dog, guide dog, disability rights, housing accommodations, fair housing, landlord, rental housing, homeowners association, HOA, Minnesota human services, accessible housing, reasonable accommodation
MN
Minnesota 2025-2026 Regular Session
House Human Services Finance and Policy Committee 3/20/25
Human Services Finance and Policy
Transcript Highlights:
- Is it every rates or proposed increases.
- We are not any rate increases.
- It's not an without rate increases.
- If rates are not increased, legislature.
- <01:15:32.000>
increases <01:15:32.640>for including rate increases for including rate
TX
Transcript Highlights:
- It simply reduces the rollback rate, a.k.a. now the voter-approved tax rate, for taxing jurisdictions
- It simply reduces the rollback rate, a.k.a. now the voter-approved tax rate, for taxing jurisdictions
Keywords:
flooding, public safety, outdoor warning sirens, disaster preparedness, emergency response, flood warning, outdoor sirens, local government, safety measures, flood management, emergency preparedness, municipal safety, disaster response, disaster relief, emergency funding, Meteorological forecasting, local government assistance, training facilities, hemp regulation, consumable products
Summary:
The Senate Committee on Finance met in the second special session and considered a series of bills, mostly related to flood response, water infrastructure, taxation, school accountability, property fraud, and legislative procedure. Senator Zaffirini presented SB 18 on TCEQ permit exemptions for certain erosion, floodwater, and sediment control dams or reservoirs; Senator Perry presented SB 2 on flood relief preparedness, SB 14 on credit impact fees and water supply/conservation incentives, and SB 5 on Hill Country relief funding; Senator Bettencourt presented SB 3 on early warning flood sirens, SB 9 on replacing STAAR with three annual tests and strengthening A-F accountability, and SB 10 on lowering the rollback tax rate from 3.5% to 2.5%; Senator West presented SB 16 on property transaction ID requirements and new real property theft/fraud offenses; and Chair Huffman laid out SB 34, which changes legislative witness immunity rules from transactional immunity to testimonial immunity consistent with federal law. The committee also heard brief explanations that several bills were the same as versions previously passed by the Senate or committee, and there was limited public testimony, with no witnesses on most bills and only position cards on SB 16. Senator West raised a concern on SB 10 about a possible carve-out for police pay raises, but Senator Bettencourt said no change would be made at that time. For SB 34, Chair Huffman explained the bill would still allow compelled testimony before the legislature but would no longer provide blanket immunity, while preserving the right to counsel.
The committee voted favorably on all bills considered. SB 18, SB 2, SB 14, SB 3, SB 16, SB 5, and SB 34 were reported out unanimously or near-unanimously, while SB 9 passed 10-1 and SB 10 passed 8-3. At the end of the meeting, Senator West requested to be shown voting nay on SB 9, and the chair granted unanimous consent. The committee then recessed subject to the call of the chair.
MN
Minnesota 2025-2026 Regular Session
HF702 heard in House Human Services Finance and Policy Committee 3/6/25
Human Services Finance and Policy
Transcript Highlights:
- Once your project is complete, your rates get increased to cover the cost of those projects.
- Once your project is complete, your rates get increased to cover the cost of those projects.
- once your project is complete your rates once your project is complete your rates um<00:01:54.840
- rather than moving to a their old rate rather than moving to a updated updated updated rate<00:04:54.160
- extent for some of the property uh rate extent for some of the property uh rate moratorium<00:05
Keywords:
mental health, behavioral health, psychiatric care, collaborative care model, healthcare funding, service dog, service animal, service dog in training, assistance dog, guide dog, disability rights, housing accommodations, fair housing, landlord, rental housing, homeowners association, HOA, Minnesota human services, accessible housing, reasonable accommodation
TX
Transcript Highlights:
- Utilities can request a rate increase every 12 months with no cap on how much they can raise their rates
- This bill by extending the rate case filing restriction to 36 months and arbitrarily capping rate increases
- establish a 20% rate increase cap in those same types of cases.
- their rates were being increased.
- Uh, mandated a, uh, a gradual rate increase, uh.
Keywords:
water audit, water loss, water loss mitigation plan, municipally owned utility, municipal utility, water conservation, Texas Water Development Board, TCEQ, Texas Commission on Environmental Quality, water leakage, leak detection, billing data accuracy, utility validation, water audit validation, water scarcity, water management, infrastructure, public utility, conservation plan, administrative penalty
TX
Transcript Highlights:
- Tax rate hearings are to be located inside or within a 10-mile radius of the district's boundary.
- Our significant changes in population have created ever-increasing issues surrounding water availability
- Our continued growth rate is but one testament to that fact: that we are able to provide services and
- Let's just assume those for all new residences, and you have a minimum rate fee, a minimum amount of
- Some are maintaining current levels, while others have increased year over year.
Keywords:
water audit, water loss, water loss mitigation plan, municipally owned utility, municipal utility, water conservation, Texas Water Development Board, TCEQ, Texas Commission on Environmental Quality, water leakage, leak detection, billing data accuracy, utility validation, water audit validation, water scarcity, water management, infrastructure, public utility, conservation plan, administrative penalty