Video & Transcript DataContr Research : 'insurance rates'

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TX

Texas 2025 - 89th 1st C.S.

Local Government Aug 1st, 2025

Senate Local Government Committee

Transcript Highlights:
  • process and reduced the voter approval tax rate, previously known as the rollback tax rate for cities
  • Excuse me, the old rollback rate, but now we call it the voter-approved rate.
  • of cities and counties, and how often they have adopted tax rates at the voter approval tax rate.
  • So we think when tax rates...
  • I mean, we pay those rates.
Bills: SB9
Summary: The Senate Committee on Local Government met to discuss the implications of Senate Bill 9, which focuses on property tax appraisal reforms. The bill's primary goal is to lower the voter-approved tax rate from 3.5% to 2.5%. During the meeting, various stakeholders provided testimony, highlighting concerns about the potential impact of the cap on local governments, especially in rapidly growing areas. Senators engaged in extensive discussions about the balancing act between tax relief and the need for robust public services, emphasizing the need for local flexibility to meet constituents' needs. The bill faced opposition from local officials who argued that the cap could hinder essential services like police and fire departments, as well as infrastructure maintenance.
TX

Texas 2025 - 89th Regular

89th Legislative Session Mar 4th, 2025 at 02:00 pm

Texas House Floor Meeting

Transcript Highlights:
  • Refer to the Committee on Insurance.

  • HB 685 by Bell of Montgomery, relating to the rates

  • coverage for serious emotional disturbances in children, is referred to the Committee on Insurance.
  • ="5616"> HB 723 by Gervin-Hawkins, relating to the disclosure of appraisal methods by automobile insurers
  • , is referred to the Committee on Insurance.
Summary: The committee meeting predominantly focused on a multitude of bills concerning various legislative amendments. Key discussions included the pros and cons of constitutional amendments, such as one by Schofield proposing year-round daylight savings time, and issues around taxation reforms highlighted by various members. The committee engaged in vibrant discussions, inviting public testimonies from both supporters and opponents of several bills, emphasizing the importance of community input in legislative processes. Notably, there were extensive debates on HB720, which pertains to the Ketamine Treatment Grant Program for veterans and first responders, underscoring the significance of mental health legislation. Members expressed their concerns about implementing the program effectively while ensuring adequate funding and oversight.
TX

Texas 2025 - 89th 2nd C.S.

89th Legislative Session - Second Called Session Aug 25th, 2025 at 12:08 pm

Texas House Floor Meeting

Transcript Highlights:
  • more knowledge to be able to go to these tax rate hearings.
  • and how much they're willing to go above the rate with the election.
  • revenue rates.
  • Let me finish, increasing the rates when not necessary.
  • But you're now going to open them up to liabilities, which is insurance.
Bills: HB17, HB16, SB10, HB27, HB23, SB15, SB18
Summary: The meeting focused on multiple important pieces of legislation, with key attention on HB16, an omnibus courts bill aiming to improve judicial processes, and SB18, which seeks to ease permit requirements for dam maintenance related to erosion and flood control. Chairman Leach and Senator Zaffirini provided significant insights during their bill presentations, stressing the importance of efficiency in governmental operations. The committee engaged in lively debates about the implications of these bills, particularly regarding budgetary concerns for local governments and the potential effects on public safety funding. Testimonies from stakeholders further highlighted the necessity for legislative clarity and improved infrastructure support for state safety measures. The final votes showed strong support for the proposed bills, indicating a proactive approach towards legislative efficiency.
TX

Texas 2025 - 89th Regular

State Affairs Apr 14th, 2025 at 08:04 am

House State Affairs Committee

Transcript Highlights:
  • tax rate. So those things would be prohibited.
  • We lost our health insurance and had to go to COBRA, which was $3,200 a month.
  • And if so, what is the interest rate?
  • This would create yet another unnecessary piecemeal rate case and increase rates without any substantive
  • That is, the Commission rarely disallows such rate recovery and interest.
Summary: The committee convened to discuss several significant pieces of legislation, primarily focusing on energy policies and public safety regulations. Notable discussions included Representative McLaughlin's HB4341, which mandates energy response maps for critical infrastructure, and received unanimous support for its favorable report. Meanwhile, HB3356 faced substantial opposition due to concerns over its potential to increase consumer costs and the undue penalties it imposes on existing generators. The discussions also touched on Representative Kitzman's HB3120 aimed at improving oversight and regulations for facilities housing unaccompanied minors, reflecting the committee's commitment to child welfare and safety in Texas.
TX

Texas 2025 - 89th Regular

Transportation Apr 2nd, 2025

Senate Transportation Committee

Transcript Highlights:
  • for federal funds, we would primarily be putting federal funds on them as the first choice at that rate
  • roads, provided they comply with federal laws, are registered in Texas, and have data recording, insurance
  • accordance with the laws of the state, covered by the Motor Vehicle Liability Coverage, or self-insurance
  • We amended the insurance code provision so it's clear that AVs are included.
  • We made sure that we included the insurance companies, so
Summary: The committee meeting focused on two primary bills, SB1598 and SB1493. SB1598, introduced by Senator Hagen Booth, addresses the clarity of collision report information access for law enforcement, aiming to enhance the tools available to police agencies across Texas for solving crimes. The meeting featured strong support from police representatives, including Sheriff Brian Hawthorne of Chambers County, who emphasized the significance of the CARFAX program for police in facilitating access to vital vehicle information, free of charge. Public testimony reflected a consensus on the necessity of the bill for improved investigatory processes.
TX

Texas 2025 - 89th Regular

Education K-16 Apr 29th, 2025

Senate Education K-16 Committee

Transcript Highlights:
  • In addition to that, there are lower credit card debt, higher credit scores, better savings rates, less
  • They didn't have access to the insurance, and then they also didn't have services within the district
  • You commented on the TEA side, and then you commented on the insurance side.
  • A little further, the rate for a child to...

  • And then they will go through their insurance to receive
Summary: The meeting focused on several bills related to education, showcasing robust discussions on various legislative measures aimed at enhancing educational frameworks in Texas. Notably, Senate Bill 205 was presented as a refile intended to make fetal development instruction a permanent component of junior high health curricula. The bill garnered support from multiple members as they highlighted its significance in educating students about human development. Public testimony was invited, although no significant opposition was noted during this segment.
TX
Transcript Highlights:
  • Now, these have to be insured by the NFIP.
  • to complement the current effective flood insurance rate
  • One on the National Flood Insurance Program.
  • and could utilize a higher rollback rate.
  • Even with a lower tax rate, you lowered your tax rate, but you still had the money to do it.
Summary: In this meeting of the Senate Select Committee on Disaster Relief and Flooding, the focus was on the recent severe flooding that caused significant casualties and property damage across Texas. The committee heard invited testimony from various state agencies and river authorities regarding their responses to the flooding emergency. It was noted that over 135 Texans lost their lives during this disaster, and numerous families were displaced, prompting a united effort from emergency responders and volunteers across the country to assist those affected. The committee emphasized the importance of constructive policy solutions rather than assigning blame, aiming to enhance future flood response and mitigation strategies. Key discussions revolved around flood risk management, with presentations on the newly established processes following the passage of several bills related to flood infrastructure and planning. The committee emphasized a bottom-up approach to regional flood planning involving local community input, and they highlighted the need for additional resources to improve emergency response capabilities. Public testimony reinforced the necessity of developing improved communication systems and flood warning mechanisms to mitigate the risk of future flooding incidents.
TX

Texas 2025 - 89th Regular

Finance (Part I) Jan 28th, 2025

Transcript Highlights:
  • child support services and enhancing enforcement tools, which are crucial for improving collection rates
  • It's a mix of hourly rate, and it's negotiated.
  • It's the exact same as our crime victims compensation; you've got to go through your insurance.
  • company because I don't want my insurance premiums to go up because I reported it to the insurance company
  • **: Yes, and when you get to an extended payout like this, if we're running up a one-year interest rate
Summary: The meeting of the committee primarily focused on the Office of the Attorney General, where General Ken Paxton and his staff presented budget recommendations, highlighting a proposed decrease of $163.9 million from the 2024-25 biennium budget. Discussions included essential service funding such as the Crime Victims Compensation Program, which is facing challenges due to revenue shortfalls and increased demand. The committee raised concerns regarding the method of finance swaps that impacted the overall budget, leading to a $38 million cut that the Attorney General’s office deemed an error. Representatives from the LBB were also questioned about the implications of these funding changes.
TX

Texas 2025 - 89th Regular

Finance Jan 30th, 2025

Senate Finance Committee

Transcript Highlights:
  • Please note that our original requests include the state insurance building that's still reflected in
  • But it's basically just approving their rates for the year, their compensation.
  • , which is triple-A at all three major credit rating agencies.
  • Then also, to be able to chart our school districts as we compress rates.
  • Secondly, what is the reimbursement rate looking like for these services?
Bills: SB1
Summary: The meeting focused on several critical budget recommendations for various state agencies, including the Texas Facilities Commission, which proposed significant funding changes. Chair George Purcell highlighted a reduction in appropriations, along with the introduction of new funds aimed at refurbishing the Rudder Building and supporting facilities operations. Discussions also touched on border security, where it was reported that Governor Abbott formally requested congressional support to reclaim $11 billion in funding for Texas operations. The ongoing dialogue regarding the maintenance and responsibilities relating to border wall constructions was emphasized, noting the complexity and the need for clear allocation of responsibilities as discussions with federal authorities develop. Throughout the meeting, there were notable conversations about operational efficiencies, particularly in the context of expanding cyber threats and the need for improved cybersecurity measures at state agencies. Members engaged in deliberating the future hiring of staff and resources necessary for maintaining effective service delivery amidst increasing demand. The discussions concluded with a commitment to keeping an open line with constituents regarding the implications of these funding decisions and the overall strategic direction of the agencies involved.
TX

Texas 2025 - 89th Regular

State Affairs May 9th, 2025 at 08:05 am

House State Affairs Committee

Transcript Highlights:
  • This bill addresses consumers regarding the rates of a transmission
  • of each utility's rate increases.
  • In a full rate case, customers can holistically compare the entire bill, higher cost, and higher revenue
  • regularly explain how a proposed change will impact utilities' overall revenues and the charges of each rate
  • RCAT strongly supports SB 1036's approach to registration, insurance requirements, clear disclosures,
Summary: The meeting of the committee focused on several Senate Concurrent Resolutions and Senate Bills. Notably, SCR8 was introduced to express Texas' strong opposition to the creation of a central bank digital currency, raising concerns about cybersecurity and privacy implications. There was no public testimony for or against, but committee members engaged in dialogue on its potential impact. Another highlight was SCR5, which proposed naming a gymnasium at the Texas School for the Deaf after Robert Rivas, recognizing his significant contributions. This sentiment garnered unanimous support from committee members, highlighting the importance of honoring legacies within the state educational system. In addition, various bills concerning utilities were discussed, particularly SB1566, which clarifies utility connection requirements, and SB1036, aiming to regulate the solar panel sales industry to protect consumers. The discussions reflected a commitment to enhance transparency in utility rate changes and impose stricter regulations on the solar market to prevent consumer fraud. Overall, the meeting showcased a collaborative approach to addressing pressing legislative matters, with an emphasis on consumer protection and legacy recognition.
TX

Texas 2025 - 89th Regular

Local Government (Part II) May 5th, 2025

Senate Local Government Committee

Transcript Highlights:
  • I pay a mortgage, home insurance, and have done significant upgrades. I pay insurance and taxes.
  • In addition to these tax rate concerns, there's also

  • The difference between the M&O and the debt service rate is important.
  • Just have one big tax rate and do whatever...
  • The bond, the debt service rate is different because if the voters have legally passed bonds and sold
Summary: The meeting of the committee included vigorous discussions on various bills, particularly Senate Bills aimed at creating municipal management districts and local improvement initiatives. Senate Bill 3048, presented by Senator Birdwell, was notably passed with unanimous support, establishing a management framework for a 448-acre community called Blue Bonnet Hills. Concurrently, attention was drawn to SB2559, which received public testimony related to development moratoriums that have affected local businesses, emphasizing the need for legislative safeguards against prolonged restrictions on development projects. The session concluded with plans to continue deliberating on various local bills aiming to amend district management provisions.
TX

Texas 2025 - 89th Regular

Land & Resource Management Apr 3rd, 2025 at 10:30 am

House Land & Resource Management Committee

Transcript Highlights:
  • Quality development can help with marketing and homeowners insurance rates.
  • I mean, if we're getting quality buildings, that can help lower our homeowners insurance rates.
  • Well, if I'm a renter and I go try and raise moderate tax rates for...
  • One, because of price and the rise of interest rates makes it virtually 85%.
  • I think now, at today's interest rates, 85% of the people cannot afford a home at today's income.
Summary: The meeting featured public testimonies from various stakeholders, including mayors from small cities who described the difficulties of rapid development with limited staff and resources. They highlighted the importance of balancing property rights and groundwater management while planning for sustainable growth. The discussions were robust, addressing the challenges of infrastructure demands stemming from growth and the necessary partnerships between local governments and developers. Overall, the meeting showcased the committee's engagement with community concerns regarding local governance and sustainable development practices.
US
Transcript Highlights:
  • President Trump's first term, which led to strong real-wage growth for workers and the lowest unemployment rate
  • benefit from the qualified business income deduction and the general reductions in personal income tax rates
  • extra money to provide their workers with with health insurance
  • benefits will have to be cut, on top of the higher taxes they will have to pay due to the individual rate
  • unanimously warning of a recession in the next year while inflation is already jumping and interest rate
Summary: In this joint hearing of the House Committee on Small Business and the Senate Committee on Small Business and Entrepreneurship, the primary focus was on the importance of making the Tax Cuts and Jobs Act of 2017 (TCJA) permanent. The chair emphasized that small businesses are crucial for the nation's economic recovery, especially in the wake of current federal policies perceived as detrimental. Witnesses shared their experiences and highlighted how the tax cuts facilitated job creation and business expansion, stressing the need for continued support through ongoing tax relief measures. The meeting included discussions about the economic implications of the TCJA's potential expiration, with members voicing their concerns regarding how this could impact small businesses and the broader economy.
TX

Texas 2025 - 89th 2nd C.S.

89th Legislative Session - Second Called Session Sep 3rd, 2025 at 06:09 pm

Texas House Floor Meeting

Transcript Highlights:
  • Ratings if they harm our A through F ratings.
  • But they do not want to risk their ratings if the growth measure will not be helpful to them.
  • I just want to know how it impacts A through F ratings. That's all I want to know. It does not.
  • nor will the middle of year test impact the A through F accountability rating.
  • For insurance purposes, for flood insurance purposes, you
Bills: SB1
Summary: The meeting primarily focused on discussions surrounding several bills, including HB8, which faced significant scrutiny for its approach to educational assessments and accountability. Representative Garcia Hernandez voiced strong opposition, emphasizing the bill's reliance on high-stakes testing and the lack of meaningful stakeholder engagement, particularly from educators and parents. She urged the committee to pause the bill for further consideration, advocating for a more inclusive reform process. The discussion highlighted a growing concern over the implications of school testing standards and the balance of state versus local control in education. Chairman Bonin presented a conference committee report for SB5 related to disaster funding, underscoring its significance for future preparedness and local government support following recent flooding events. The bill was adopted without significant contention, reflecting bipartisan agreement on its importance.
TX

Texas 2025 - 89th Regular

Appropriations Feb 18th, 2025 at 08:00 am

House Appropriations Committee

Transcript Highlights:
  • So they're paid a rate...
  • ...rate that the state has established through our rate-setting
  • post online, with what the current rate is as well as what it would cost to do like a 1% rate increase
  • I think with rate modernization, moving to that new rate structure is...
  • Because our turnover rate is now in the...
Summary: The meeting primarily focused on reviewing the proposed budget for the upcoming biennium, with substantial discussions around House Bill 1 and its implications for public education, healthcare, and border security. The Comptroller presented a revenue overview indicating a total of $194.6 billion available for general purpose spending, which reflects a slight decrease compared to previous years due to fluctuating economic conditions. Members raised questions regarding spending limits and the impact of federal funding on state programs, highlighting concerns about the sustainability of funding in light of potential changes at the federal level.
TX

Texas 2025 - 89th Regular

Intergovernmental Affairs Apr 8th, 2025 at 10:30 am

House Intergovernmental Affairs Committee

Transcript Highlights:
  • Last session we saw Governor Abbott also signed Senate Bill 833, prohibiting insurers operating in Texas
  • span> Model scores, factors, or standards to charge different rates
  • We also offer much lower rates there.

  • Then you have an impact fee committee that makes a recommendation on what the collection rate is.
  • Once you pay out your workers and pay for insurance, this gives some...
Summary: The meeting of the committee addressed multiple bills focusing primarily on local government regulations concerning environmental policy and spending practices. Notably, HB4313 and HB4314 were discussed, with advocates expressing concerns about the overreach of local governments in implementing stringent environmental regulations that might impact efficiency and cost-effectiveness. Testimony included perspectives from organizations like the Texas Public Policy Foundation, emphasizing that local governments should focus on practical criteria rather than subjective social governance measures, particularly in contracting processes.
TX

Texas 2025 - 89th Regular

89th Legislative Session Apr 1st, 2025 at 10:00 am

Texas House Floor Meeting

Transcript Highlights:
  • >SB 4268 by Morgan, relating to the recoverable depreciation for property damage claims under an insurance
  • policy referred to the Committee on Insurance.
  • /p>

    HB 4339 by Lampere, relating to increasing the interest rate

  • and annuity contracts in the insurance industry, for the Committee on Insurance.
  • on Insurance.
Bills: HJR4, HJR6, HB195, HB13, HB143, HB135
Summary: The meeting focused primarily on H.J.R. 4, a proposed constitutional amendment that aims to prohibit taxes on securities transactions and occupation taxes on securities market operators. Representative Meyer introduced the resolution, explaining its intention to prevent the state legislature from imposing such taxes indefinitely. The proposal received unanimous support from the Ways and Means Committee but faced scrutiny from other members concerned about its implications for equity and taxation in Texas. Key discussions highlighted the potential long-term consequences of locking in tax breaks for wealthier entities, particularly amid rising living costs for ordinary Texans.
TX

Texas 2025 - 89th Regular

State Affairs (Part II) May 1st, 2025

Senate State Affairs Committee

Transcript Highlights:
  • SB3055 is safe; nurse practitioners' malpractice rates are extremely low from a 20...
  • What I did is, I testified before the insurance committee here...
  • Regarding malpractice rates, you are voting on giving nurse practitioners the privileges of physicians
  • There are fewer people that have insurance.
  • A typical nurse practitioner program is online, lasts 18 months, and has a 100% admission rate.
Summary: The Committee on State Affairs meeting featured in-depth discussions primarily centered around Senate Bills 2459 and 3055. SB 2459, presented by Senator Birdwell, aims to protect the personal information of judicial officials to reduce security risks associated with data brokers. This bill brought significant public testimony, with supporters highlighting the need for enhanced safety for judges and court personnel, given the increasing threats and incidents reported. The committee also considered amendments to further refine the bill's implementation process, ensuring the effective removal of personal data upon request. Senate Bill 3055 addressed the scope of practice for advanced practice registered nurses (APRNs) in rural Texas, promoting greater healthcare access amidst ongoing shortages of providers. Advocates for the bill, including several nurse practitioners, voiced the necessity for legislative changes that would empower APRNs to practice more independently. Opposing testimony raised concerns regarding patient safety and the need for physician oversight. The meeting concluded with a commitment to review these bills further, reflecting the broader challenges of healthcare access and safety regulations in Texas.
US

Us Congress 2025-2026 Regular Session

Hearings to examine turning back time, focusing on locking the clock. Apr 10th, 2025 at 09:00 am

Senate Commerce, Science, and Transportation Committee

Transcript Highlights:
  • This leads to increased risks of health problems, including higher rates of heart attacks, strokes, and
  • My home state has one of the highest per capita rates of pedestrian fatalities.
  • Harkey is the president of the Insurance Institute for Highway Safety.
Summary: The committee meeting was dedicated to discussing significant legislative topics, focusing particularly on the implications of daylight saving time (DST). Senator Scott advocated for the Sunshine Protection Act, which aims to eliminate the twice-yearly clock changes and keep daylight saving time year-round. He emphasized the negative health impacts associated with DST, including increased risks of heart attacks and accidents immediately following the time changes. Various witnesses provided personal testimonies and expert opinions, highlighting the confusion and health disruptions caused by the current time change practices.
TX

Texas 2025 - 89th Regular

Ways & Means Feb 25th, 2025 at 11:00 am

House Ways & Means Committee

Transcript Highlights:
  • The rate for all other entities is 0.75%.
  • for a maximum combined rate.
  • The tax rate is $2.50 on debt service and a tax rate to fund maintenance and operations as determined
  • rate.
  • He referred to closing loopholes in the no new revenue tax rate and voter approval tax rate calculations
Summary: The House Committee on Ways and Means conducted a productive meeting addressing several key issues related to taxation and budget projections. The meeting opened with invited testimony from representatives of the Comptroller's Office and the Legislative Budget Board, focusing on the biennial revenue estimates and significant funding changes. Members participated actively, posing questions about specific budget allocations and the impact of tax policies on both local governments and residents. A significant discussion revolved around property tax relief, with calls for higher measures of relief to support taxpayers amid growing financial burdens. Furthermore, recommendations for financial reforms were proposed, stressing the importance of sustaining the benefits from previous tax relief efforts.

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