Video & Transcript : 'severance tax' :
Page 103 of 500
WY
Wyoming 2026 Regular Session
Joint Conference Committee - HB0045, March 4, 2026
Transcript Highlights:
- clarity to, uh, the fact this one issue with long-term homeowner, and really this was a problem with several
- </c> really this was a problem with several really this was a problem with several of<00:01:55.920><c
- Um, right now the long-term homeowners tax exemption is set to sunset July 1st, 2027.
- Um, right now the long-term homeowners tax exemption is set to sunset July 1st, 2027.
- </c> the long-term homeowner tax exemption. the long-term homeowner tax exemption.
Summary:
The joint conference committee on House Bill 45 met to reconcile changes to the long-term homeowner property tax exemption. Members reviewed the original bill, which removed the exemption’s sunset, adjusted the signup/reporting date and procedures, clarified treatment for homeowners who sold one house and bought another, changed valuation language from assessed value to fair market value, and added a $3 million cap. The committee also discussed Senate amendments and a proposed cleanup amendment intended to prevent stacking the long-term homeowner exemption with a separate voter-approved homeowners’ property tax initiative if that initiative becomes law.
Members asked about the difference between using “shall not qualify” versus a repealer, and were told the repealer was removed to avoid creating a trigger-bill issue if the initiative does not pass. Questions also focused on whether the catch title’s “limitation” language referred to the $3 million cap, and it was explained that the language could apply both to the cap and to the restriction on using both exemptions. One senator asked what Senate language was being deleted, and the response was that the committee was removing language that had gone too far, including a 25% exemption provision that was outside the scope of this bill and would be handled later in the interim.
After discussion, the committee moved to concurrence. A roll call vote was taken, and all six members present voted aye. The committee announced concurrence and adjourned.
MN
Minnesota 2025-2026 Regular Session
Committee on Health and Human Services - 04/09/25
Health and Human Services
Transcript Highlights:
- </c><01:27:47.760><c> on</c> increase in the provider tax on increase in the provider tax on hospitals
- </c> million that tax uh of taxes that million that tax uh of taxes that insurers<01:36:49.440><c> already
- </c><01:37:07.520><c> The</c> cannot absorb these new taxes. The cannot absorb these new taxes.
- In addition to severe outcomes.
- I urge you to quickly and severely.
Committee:
Senate Health and Human Services
MO
Transcript Highlights:
- So for the most part, this tax credit, you can currently do up to 50% of your state tax liability.
- I regularly work with tax.
- So for the most car's tax credit, you can currently do up to 50% of your state tax liability.
- I regularly work with tax.
- still count them for the previous tax year.
UT
Utah 2025 Regular Session
Economic Development and Workforce Services Interim Committee - November 19, 2025
Economic Development and Workforce Services Interim Committee
Transcript Highlights:
- taxes, to be able to help fund growth.
- So as we look at what tax differential looks like statewide, All right, so as we look at what tax differential
- . ...several years ago.
- I just have a question with, well, I have several questions with line 2659.
- This is something the legislature passed several years ago.
HI
Transcript Highlights:
- </c><00:24:09.480><c> and</c> includes all delivery charges taxes and includes all delivery charges taxes
- ><c> structure</c> taxes this structure taxes this structure is<00:53:27.400><c> not</c><00:53:28.160
- So this is a new tax, but people are already paying tax on their capital gains when they sell property
- </c> this be properly under conveyance tax this be properly under conveyance tax search<00:54:13.440>
- Oh, capital gains tax instead of a conveyance tax. Okay, thank you. I think, like Mr.
Committee:
House Water & Land
Summary:
The committee heard testimony on several agriculture, water, invasive species, and land-use bills. HB 299 and HB 1220, both relating to invasive species, drew broad support from the Hawaii Invasive Species Council, DLNR, the Department of Agriculture, C-GAPS, Sierra Club, Hawaii Farm Bureau, Hawaii Farmers Union, and others. Testifiers said HISC funding fills gaps between agency mandates, supports research and technology, and helps respond to both terrestrial and marine invasive threats. On HB 1220, C-GAPS described a marine anemone infestation in Kāneʻohe linked to aquarium release and said control and restoration would be difficult without the bill’s funding. A committee member asked for tracking information on the species, and the Division of Aquatic Resources said it maintains monitoring data and annual reports. No opposition was noted on either measure.
HB 506, relating to conservation enforcement, also received support from DLNR and Malama Pu‘u Ma. Committee discussion focused on the bill’s scope and how the funding would be used. Members asked about a prior boat purchase mentioned in opposition testimony and about whether mainland vendors were being used; the department said it did not buy that boat and that procurement follows the normal state process, with total bid price including delivery, taxes, and other fees. The department explained that the bill’s funding is primarily for marine enforcement work in nearshore fisheries, including herbivore protection around O‘ahu.
HB 915, relating to water use, had mixed testimony. DLNR supported alternative water sources and amendments to the water code, while the Department of Agriculture opposed the bill as drafted, saying its irrigation program is designed for non-potable agricultural use and is not structured for residential or mixed-use development. The Department of Health said it needed more information on its reuse guidelines and noted concern about removing the recycled water manager requirement, which it said helps ensure safe operation and maintenance of reuse systems. Members questioned the bill’s preemption language and whether county or state rules would be displaced, and Agriculture suggested county water agencies might be better suited for some of the proposed uses.
HB 502, concerning land use, drew support from the Attorney General’s office, the Land Use Commission, Hawaii Realtors, Hawaii Farm Bureau, and Hawaii Farmers Union, with the Department of Agriculture standing on its written testimony. The Attorney General warned that allowing important agricultural lands to be redistricted through a declaratory ruling process could conflict with the state constitution and recommended excluding IAL from the bill. The Land Use Commission said it has an inventory of IAL lands and did not believe the bill would affect them, and it agreed to the suggested protection. Supporters said the bill could help move lands with limited agricultural value into the rural district, reduce pressure on productive farmland, and better align land use with actual farming potential. HB 929, relating to the agricultural land conveyance tax, received comments from the Department of Taxation and opposition from Hawaii Farm Bureau and Hawaii Realtors; Farm Bureau said it supports preserving agricultural land but was concerned about unintended consequences and questioned whether speculative flipping of ag land is a current problem.
MN
Minnesota 2025-2026 Regular Session
Water appropriation evaluations for data centers, HF4153 3/26/26
Minnesota House Floor Meeting
Transcript Highlights:
- It represents 34% of the school district's base tax and 10% of the county tax.
- </c><00:03:46.320><c> It</c> city of Becker's property tax. It city of Becker's property tax.
- </c> base tax and 10% of the county tax. base tax and 10% of the county tax.
- 00:07:39.240><c> tax</c><00:07:39.640><c> base,</c> our school's tax base, our school's tax base, um<
- And with that all being shut down, as well as Cohasset and several others.
FL
Florida 2025 Regular Session
January 15, 2025 - 09:00 AM
Transcript Highlights:
- And so we've been just focused on that for several years.
- One of the tools that we use is a new market tax credit.
- will get the federal portion of their tax credit, but they do not receive a state tax credit.
- Program, which allows, A Live Local Contribution Tax Program, which allows corporations to get a tax
- property taxes.
Summary:
The committee met to hear a panel on workforce and attainable housing, with presentations from Florida Housing Finance Corporation, Pensacola Habitat for Humanity, Wendover Housing Partners, the City of Tallahassee, and Escambia County. Speakers described how state and local tools such as SHIP, the Live Local Act, land trusts, accessory dwelling units, infill development, and public-private partnerships are being used to expand housing supply and preserve long-term affordability. Several panelists emphasized that housing demand is rising across income levels, that workforce households often need subsidy to buy or rent, and that housing location, transportation access, and proximity to jobs and services are critical. They also highlighted challenges including rising construction costs, limited land, insurance, NIMBY opposition, and the need for more flexible financing tools and employer participation.
Members asked about area median income thresholds, whether current programs are reaching the households most in need, and what additional tools might help. Florida Housing said its traditional rental programs generally serve households at or below 60% AMI, while need is increasingly reaching up to 80% AMI statewide and higher in some regions; staff also provided examples of AMI levels by county. Other discussion focused on the impact of local government opt-outs, tax abatements, corporate ownership of single-family homes, insurance costs, Fortified construction standards, and whether bonuses or other income calculations can unintentionally disqualify applicants. Panelists urged more political will, more local flexibility, and additional incentives for employers and landowners to support housing near jobs.
The committee also used an anonymous interactive polling exercise, and members identified partnerships, SHIP funding, local government action, cost, and insurance as key issues. In closing, the chair said the committee would continue a member-driven process and likely hold a workshop on housing-related topics. No formal votes or bills were taken up in the meeting, and the session adjourned after the discussion.
HI
Hawaii 2026 Regular Session
House Chamber - Mon Jan 26, 2026, 10:00AM HST - State of the State Address
Hawaii House Floor Meeting
Transcript Highlights:
- In our first year together, we doubled the earned income tax credit and the food tax credit and increased
- credit and the food earned income tax credit and the food tax<00:22:00.480><c> credit</c><00:22:01.440
- </c><00:22:07.440><c> to</c> families $88 million less in taxes to families $88 million less in taxes
- Lowering taxes for working like.
- These and all previous tax cuts will be completely preserved, but that we pause the tax cuts plan for
LA
Louisiana 2026 Regular Session
Natural Resources and Environment Mar 18th, 2026
Transcript Highlights:
- We do have several questions, if you don't mind.
- tax rate on new drills, offering severance reductions for workovers on shut-in wells, introducing royalty
- Monica, what is the tax on, you know, what is the tax on the gallon of gas lane?
- And I think that's why it's important the incentives we have there that just reduce their severance tax
- tax, excuse me, severance tax and property tax money that comes into our parish.
Summary:
The House Natural Resources Committee met with a quorum and first took up several property-transfer bills. House Bill 110, authorizing transfer of certain state property in St. Tammany Parish for a pocket park in Mandeville, was reported favorable without objection. House Bill 634, transferring state property in St. Martin Parish to Brownell Land Company LLC, was also reported favorable. House Bill 677, allowing the Tensaw Parish School Board greater flexibility to exchange school land for property of equal or greater value with certified appraisal requirements, was reported favorable after questions about the location and purpose of the exchange. House Bill 735, a cleanup bill transferring property from DOTD to LSU Health Shreveport to support expansion and parking near Mall St. Vincent, was likewise reported favorable.
The committee then held an informational hearing on the effects of the Iran conflict on Louisiana’s energy sector. Secretary Dustin Davidson said the conflict has driven oil prices sharply higher, with consumers bearing the cost through higher gasoline and especially diesel prices, while producers and refiners may see short-term gains. He warned that diesel increases can signal broader economic slowdown and discussed global shipping disruptions, the Strait of Hormuz, and Saudi Arabia’s response. Members asked about Louisiana’s ability to benefit from higher prices, the timing of increased drilling, and the role of carbon capture and infrastructure investment. Davidson said higher prices could support more drilling and severance tax revenue if sustained long enough.
Industry witnesses Tommy Fochay of LOGA, David Cresson of the Louisiana Chemical Association, Mike Moncla of LOGA, and LSU energy economists Greg Upton and Tyler Gray emphasized Louisiana’s role as a major LNG exporter, refiner, and petrochemical hub. They said geopolitical shocks create volatility, but Louisiana’s abundant natural gas, infrastructure, and export capacity position the state to help meet global demand. They urged stable policy, competitive taxes, pipeline and workforce investment, and caution on regulations. Upton and Gray presented data showing oil price spikes are likely temporary, futures markets expect prices to ease over time, rig counts respond with a lag, and Louisiana natural gas prices have remained relatively insulated so far. The committee adjourned after the presentations and questions.
MO
Transcript Highlights:
- So we've done several audits of programs.
- We have the 12th lowest state sales tax rate in the country, and we don't charge sales tax on really
- She suffered severe muscle spasms. She would not stop crying.
- Okay, there's several.
- It's the marijuana tax. Is that correct? That's right. It's the cannabis tax.
Committee:
House Budget
Summary:
The committee first heard the State Auditor’s fiscal year 2027 budget request. Auditor Scott Fitzpatrick described rebuilding the office after staffing had fallen to a historic low, explaining that the office has grown from 92.5 to 119 FTE but still needs several years to reach full staffing, especially at the manager level. He said most of the budget is payroll, noted the office’s use of lapsing general revenue while staffing is rebuilt, and outlined requests including core operating funds, a small sports betting audit NDI, and a $290,000 increase to the CPA stipend to address recruitment and retention problems. Members also discussed the auditor’s authority to audit state agencies and subrecipients, the office’s role in performance audits, and the meaning of “E” appropriations and the auditor’s recent general revenue conditions report.
The committee then moved to public testimony on House Bill 10, focusing on Department of Health and Senior Services and Department of Mental Health issues. One witness from the American Heart Association supported continued funding for cardiac emergency response planning in schools, citing AEDs, CPR training, and about 480 schools served. Another witness from the Alzheimer’s Association urged rejection of a proposed $1 million reduction to the Missouri caregiver program, arguing it supports families caring for people with dementia and helps avoid more expensive institutional care.
Most of the testimony concerned proposed cuts to developmental disability services, especially day habilitation and self-directed supports (SDS). Providers, family members, and workers said the proposed reductions would force service cuts, reduce wages, and threaten community-based care that keeps people at home and out of more costly facilities. They argued the cuts would shift costs to emergency, residential, or institutional settings and asked the committee to preserve current funding levels. Several members asked questions about provider rates, the share of services delivered by private providers, and the cost difference between SDS and institutional care. The hearing ended with the chair apologizing for earlier tension, explaining the schedule, and recessing the committee to return later because of House floor obligations.
ID
Transcript Highlights:
- We hit all of it, and we hit several different sectors.
- So Friday, you saw a bill come out of the House, a tax conformity bill.
- Currently, our sales tax collects about $3.3 billion annually.
- tax bills.
- In accordance with the fiscal notes from the several tax bills and the other bill, House Bill 25, that
Committee:
Senate Education
MN
Minnesota 2025-2026 Regular Session
Committee on Environment, Climate and Legacy - 03/17/26
Environment, Climate, and Legacy
Transcript Highlights:
- Um part of going to be paying taxes.
- Well, and just keep in mind payment in lieu of taxes is PILT, and it comes from tax dollars.
- So we're taking tax dollars to pay tax dollars. Keep that in mind.
- </c> property tax equivalent on those acres. property tax equivalent on those acres.
- </c> government is simply to raise the taxes. government is simply to raise the taxes.
Committee:
Senate Environment, Climate, and Legacy
MO
Transcript Highlights:
- I have one on the property tax.
- Because this only mentions the sales tax, so I was just curious.
- there could be a PILOT, for example, of fixing, but there will be property taxes paid.
- I would just say something came to mind when you were speaking: the earnings tax and the income tax revenue
- and the payroll tax revenue.
MO
Missouri 2026 Regular Session
Commerce Mar 9th, 2026
Commerce, Consumer Protection, Energy and the Environment
Transcript Highlights:
- And I'm thinking specifically of some of the taxing jurisdictions, such as school districts.
- I have one on the property tax.
- Because this only mentions the sales tax, so I was just curious.
- I would just say something came to mind when you're speaking about the earnings tax and the income tax
- revenue and the payroll tax revenue.
Summary:
The Commerce Committee held a public hearing on House Bill 3395, sponsored by Representative Christ, which would reauthorize and update the Missouri Downtown Economic Stimulus Act (MODESA) to spur redevelopment in downtown St. Louis and Kansas City. Christ said the program previously helped create Ballpark Village and Power & Light District through a no-upfront-cost, tax-revenue-sharing model, and he indicated a committee substitute would significantly revise the bill language while keeping the same overall concept. Representative Sides supported the bill in principle but said he wanted the final version to read more like standard Missouri statute.
A long line of witnesses testified in support, including representatives of the Cordish Companies, Gateway Arch Park Foundation, the Economic Development Corporation of Kansas City, Greater St. Louis, Inc., St. Louis City SC, the City of St. Louis, the Hispanic Chamber of Commerce of Greater Kansas City, the Kansas City Chamber/Civic Council, the Downtown Council of Kansas City, J.E. Dunn, and the Missouri Chamber. Supporters described MODESA as a proven tool that leveraged private investment, created jobs, increased visitors and tax revenue, and helped revitalize downtown areas. Cordish said the company had invested more than $2 billion in Missouri and would pursue another large mixed-use project, including residential, office, and entertainment components, if the program were renewed.
Testimony focused heavily on two proposed St. Louis projects: redevelopment of the Millennium Hotel site and broader riverfront/downtown connectivity around the Arch grounds. Gateway Arch Park Foundation said it had purchased the Millennium site, was demolishing the old tower, and believed the project would connect the Arch grounds to downtown with a high-rise residential and office mixed-use development. Committee members asked about impacts on taxing jurisdictions, property taxes, retail demand, and whether the bill would benefit communities broadly rather than only developers; witnesses said cities would be applicants, property taxes would still be paid, and the projects were intended to bring new residents and activity rather than simply shift existing development. No opposition testimony was presented, and the committee took no vote before adjourning.
MO
Missouri 2026 Regular Session
2026 Legislative Session - Day Sixty Four - Wednesday, May 6
Missouri House Floor Meeting
Transcript Highlights:
- and the state sales taxes, et cetera?
- and the state sales taxes, et cetera.
- So if the source is coming from income tax or property tax, that's all state taxpayers paying into the
- That mother is a tax-paying citizen, Mr. Speaker.
- Not only that, then they take our tax dollars. Then they take our tax dollars.
Summary:
The House convened with prayer, the Pledge of Allegiance, approval of the prior day’s journal by roll call, and a long series of special guest introductions recognizing family members, interns, public servants, nonprofit leaders, students, and a park ranger honored for life-saving actions. Committee reports and Senate messages followed, including Senate nonconcurrence on numerous amendments to Senate Bill 1421 and the appointment of a conference committee on another bill.
The main floor action centered on budget conference committee reports, especially House Bill 2002 on public education. Members debated whether the conference version fully funded the foundation formula, with supporters arguing it maintained record-level funding and opponents saying it left schools about $190 million short and relied on uncertain funding sources such as blind pension, lottery, and possible ARPA dollars. After a substitute motion to send the bill back to conference was defeated, the House adopted the conference report 83-68 and then third-read and passed House Bill 2002 by the same margin. The House then took up House Bill 2003 on higher education, where members discussed a move toward a future performance-based funding model while keeping current funding flat; the conference report passed 119-28 and the bill was third-read and passed 109-32.
The chamber next considered House Bill 2004, covering the Departments of Revenue and Transportation. Debate focused on transportation funding, rural roads, and a small local safety project in Lebanon that had already been addressed by MoDOT. The conference report was adopted 128-21 and the bill was third-read and passed 127-27. Finally, the House began debate on House Bill 2005 for the Office of Administration and IT-related functions, with the sponsor and supporters emphasizing IT accountability, the Movers project, and the transfer of some staff to DSS; the transcript ends during discussion of that bill.
PA
Pennsylvania 2025-2026 Regular Session
Senate Session (Jul 12 2026)
Pennsylvania Senate Floor Meeting
Transcript Highlights:
- They chose April, the busiest time for tax receipts.
- No new tax hikes.
- No new taxes on goods or services or income, energy taxes off the table.
- There are no new taxes in this budget. And in fact, Mr.
- Child care tax credit, property tax relief, property tax rent rebate, Working Pennsylvanians tax credit
Summary:
The Senate opened with prayer, the Pledge of Allegiance, communications, committee reports, and leaves of absence. The journal was approved 50-0. The chamber then took up House Bill 1505, which drew extended debate over school funding and adequacy/tax equity. Senators Coleman and Keefer argued the bill continued to pour money into districts like Allentown without accountability or improved results, while Senators Costa, Miller, Haywood, and Anthony Williams defended the funding as a response to historic underfunding and the Commonwealth Court decision. A motion allowing Senator Coleman a third speaking turn was adopted 27-23, and the bill ultimately passed 45-5.
The Senate then considered House Bill 2400, the General Appropriation Act. Supporters, including Senators Martin, Dush, Phillips-Hill, Costa, Ward, Street, Hughes, and Pittman, emphasized that the budget was balanced without using the rainy day fund or raising taxes, reduced the governor’s proposal, increased education and child care funding, supported nursing homes, rape crisis centers, infrastructure, and workforce programs, and shifted money from lapsed or unused accounts to current priorities. Opponents, including Senators Saval and Muth, said the budget failed to address structural deficits and omitted new revenue options, emergency services funding, and other major issues. The bill passed 44-6 with amendments and was returned to the House for concurrence.
The Senate also passed a series of other bills, including House Bills 2412, 2413, 96, 858, 1042, 1286, 1646, 1851, 1862, 2017, 2024, 2401, and 2559, with varying margins, and sent them to the House, some with amendments. House Bill 1042 drew a negative recommendation from Senator Costa over a late amendment involving second-degree murder/felony language, but after reconsideration and vote changes it passed 30-20 with amendments. House Bill 1862, creating an Ignition Interlock Driver’s License, passed 45-5 after support from Senator Judy Ward. House Bill 1248 passed 43-7 and designates Pennsylvania rye whiskey as the official state spirit, with Senators Bartolotta and Robinson speaking in support. The chamber also adopted Senate Resolution 216, after defeating Senator Haywood’s amendment to narrow the scope of a proposed Legislative Budget and Finance Committee study of managed care organizations; the resolution passed 31-19. Several other bills were held over in their order, and the Senate later moved toward a condolence resolution.
WA
Washington 2025-2026 Regular Session
Senate Democrats Budget Rollout Feb 23rd, 2026
Transcript Highlights:
- There are no increases to sales tax, property tax, or B&O tax.
- I wanted to ask about the CCA working family's tax credit issue.
- tax.
- passed that in 2021—to be a credit against the sales tax to really tackle the regressivity of the tax
- Most other states use income taxes to fund public schools.
Summary:
Senate budget writers, led by Chair June Robinson with Senators Noel Frame and Derek Stanford, rolled out the Senate operating budget and described it as a difficult supplemental budget shaped by flat revenue growth, rising maintenance costs, and uncertainty from federal actions, including H.R. 1 and tariffs. They said the proposal aims to preserve core services such as K-12 education, health care, food assistance, housing stability, and long-term care while making targeted reductions and avoiding broad-based tax increases like sales, property, or B&O tax hikes.
A major focus of the discussion was how to pay for the Working Families Tax Credit and how to handle cuts in the Working Connections child care program. Robinson said the Senate budget uses policy changes, especially an attendance-based payment adjustment, rather than the governor’s proposed enrollment cap and waitlist, because lawmakers wanted to avoid destabilizing the child care workforce and reduce harm to families. She also said the Senate is open to negotiating with the House on the Climate Commitment Act use of funds for the tax credit, noting that the statute allows it, though some advocates oppose that approach.
The senators defended using $750 million from the rainy day fund, saying it was preferable to deeper cuts and still leaves reserves above $1 billion in the near term. They also argued that Washington’s revenue system is too dependent on property and sales taxes and that a future “millionaires tax” could help stabilize funding, especially for education and other core services. In response to criticism from educators and Republicans, they said the state has made progress on school funding and that rising program costs reflect increased need and utilization rather than waste. No votes were taken in the transcript, and the event was a budget rollout and press Q&A rather than a formal committee action.
NM
New Mexico 2026 Regular Session
House - Taxation and Revenue Feb 6th, 2026 at 08:37 am
House Taxation & Revenue
Transcript Highlights:
- and property taxes are standard assessed a year back.
- and property taxes are standard assessed a year back.
- Next up, we have HB 145 with Representative Hernandez, the high-wage job tax credit dates.
- One, the revenues—the recurring revenues that come through an earmark on the severance tax bonding capacity
- Tax Bond... ...have other constitutional restrictions on how Severance Tax Bond proceeds revert.
Committee:
House House Taxation & Revenue
WA
Transcript Highlights:
- or the luxury vehicle tax.”
- “The sales tax part of it was relatively clear. The use tax was not.
- It's a combo of fuel taxes.
- would apply to the luxury tax.
- tax.
Bills:
HB2495
Committee:
Senate Transportation
MN
Minnesota 2025-2026 Regular Session
Committee on Energy, Utilities, Environment and Climate - 03/12/25
Energy, Utilities, Environment, and Climate
Transcript Highlights:
- Minnesota already has strict... result in over 40% of our tax base being result in over 40% of our tax
- </c> opportunity to backfill this lost tax opportunity to backfill this lost tax revenue<00:38:15.319
- </c> them instead they're looking for tax them instead they're looking for tax breaks<00:53:59.079><c
- I've got several other questions but you I've got several other questions but you got<01:07:01.760><c
- </c> working on legislation with the tax working on legislation with the tax exempt<01:54:47.320><c>