Video & Transcript Research : 'tax conformity'

Page 10 of 500
AL

Alabama 2025 Regular Session

Alabama House Ways and Means General Fund Committee Mar 19th, 2025

Ways and Means General Fund

Transcript Highlights:
  • you're about to see, gentlemen, that's in your packets, makes this retroactive to January 1, 2024, for tax
  • purposes. 2024, for tax purposes.
  • Then replace lines 38 through 40 on page two with the following: Section one effective for tax years
  • After January 1, 2024, research and experimental expenditures for Alabama tax purposes under chapter
Bills: HB353, HB354, HB357, HB396, SB83
WA

Washington 2025-2026 Regular Session

House Transportation Mar 9th, 2026 at 08:00 am

Transportation

Transcript Highlights:
  • This is the bill, as a reminder, that repeals the 10% sales and use tax on luxury aircraft that is set
  • They cost a lot of money, and this tax would have impacted every single one of those.
  • By this simple tax on their aircraft, they were looking at moving.
  • They're watching what happens to our luxury tax. If we can repeal this tax, they're going to stay.
  • If we repeal this tax, they're going to stay. If we don't, then they're going to be gone.
Bills: HB2347
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 4/14/26

Taxes

Transcript Highlights:
  • </c> tax refund for homeowners. tax refund for homeowners.
  • </c><00:21:56.000><c> here</c> tax basically give give back taxes here tax basically give give back taxes
  • </c> property tax levy. property tax levy.
  • </c> the omnibus tax bill. the omnibus tax bill.
  • Okay, so when I was a baby tax chair member or tax committee member... taxpayers paid the entire tax
OK

Oklahoma 2026 Regular Session

Appropriations and Budget Transportation Subcommittee Feb 9th, 2026 at 10:30 am

A&B Transportation Subcommittee

Transcript Highlights:
  • House Bill 4273 is just a clarification of the intent on the tax commission for the existing aerospace
  • tax credit, which we reauthorized last year.
  • the research and development side of things, particularly in UASAM, are going to be eligible for the tax
  • the research and development side of things, particularly in UASAM, are going to be eligible for the tax
  • Is this making higher education now be in the same category as a business because the tax credit is for
FL

Florida 2026 Regular Session

Finance and Tax Feb 12th, 2026

Finance and Tax

Transcript Highlights:
  • The Committee on Finance and Tax will now come to order. Stephanie, please call the roll.
  • for the missing middle property tax exemption for one year.
  • The bill also expands the availability of data to be considered for the property tax exemption opt-out
  • and in the assessment of these taxes.
  • This bill updates Florida's property tax exemption...
Summary: The Committee on Finance and Tax met with a quorum present and heard several bills, most of them focused on tax policy and property-related exemptions. CS/SB 118 clarified how non-ad valorem special assessments apply to recreational vehicle parks, and an amendment removed a requirement that local governments consider RV park occupancy rates when apportioning assessments. The bill was supported by a Florida Retail Federation representative and was reported favorably. The committee also reported favorably on SB 1520, which modifies Live Local Act property tax exemption provisions by extending the vesting period for the missing middle exemption and expanding the data used for local government opt-outs; SB 678, which reestablishes the framework allowing distributors to deduct unsellable alcohol from monthly excise tax; and CS/SB 680, which creates a sales tax exemption to address double taxation on electricity used at EV charging stations. Each of these bills had support from industry or trade groups, and CS/SB 680 drew comments from Senator Gaetz praising the bill as a solution to prior tax collection confusion. The committee then approved CS/SB 450, which updates property tax exemption rules for surviving spouses of permanently and totally disabled veterans by allowing transfer of a larger portion of the exemption to a new homestead; an amendment raised the transferable amount to up to 120% of the prior exemption. The final bill, CS/SB 1074, was amended to establish uniform rules for rounding cash transactions to the nearest nickel in light of the Federal Reserve’s suspension of penny distribution, while preserving tax calculations and providing liability protections; it also included safeguards for pawn and recycling transactions. All bills considered were reported favorably, Senator Gaetz asked to be recorded as voting yes on all bills, and the committee adjourned without objection.
TX
Transcript Highlights:
  • Is targeted tax relief, well-designed state aid formulas, avoiding tax limitations, and paying taxes
  • Pays a local property tax, local income tax, in addition to a state income tax. Crazy.
  • The targeted tax relief, and I very much support this targeted tax relief.
  • That's pre-tax. Wow. Yeah, right. Pre-tax? Uh, no. Post-tax. Okay. Post-tax.
  • Individual tax burden and business tax burden. These charts are pre-2023.
Bills: SB4, SJR2, SB 4, SJR 2
AZ

Arizona 2026 Regular Session

02/05/2026 - Senate Finance

Finance

Transcript Highlights:
  • Chair and members, Senate Bill 1638 conforms Arizona's tax statutes to the Internal Revenue Code as of
  • They said conform to those; let's add those into Arizona tax law.
  • across the conformity in alignment, but only for tax year 2025.
  • across the conformity in alignment, but only for tax year 2025.
  • Chair, to you then, so SALT is a conformity item via Arizona tax law.
Bills: SB1638
ND

North Dakota 2025-2026 Regular Session

Senate Finance and Taxation Apr 16th, 2025 at 09:00 am

Finance and Taxation

Transcript Highlights:
  • Well, good morning, everybody, and welcome back to Finance and Tax.
  • House Bill 1382, which is the gas tax.
  • So we're not going to take any further action on the gas tax for now.
  • Under current law, most people pay their property taxes.
  • The next issue is with the tax statements.
Bills: SB2397
Summary: The Senate Finance and Tax Committee met and first took up House Bill 1382, the gas tax bill. Members explained an amendment to ensure that the proposed three-cent gas tax distribution would include all counties and townships in oil-producing counties, rather than excluding non-oil-producing counties as in the original draft. The committee adopted the amendment unanimously, but then held the bill for the time being because of related work on the Department of Transportation budget in the House. The committee then turned to House Bill 1168, a large hoghouse amendment that combined the bill with the contents of House Bill 1176 and added technical corrections. The proposal would raise the primary residence property tax credit maximum from $1,250 to $1,650, keep the 75% cap with a $500 floor, and extend the credit to voter-approved levies while excluding special assessments. Other changes discussed included aligning the disabled veterans property tax credit with the $200,000 exemption level, adjusting budget and distribution dates so taxing districts are made whole sooner, exempting townships from a general-election vote requirement for levy increases, and modifying school funding formulas so schools are not shortchanged if mill levies are reduced under the cap. Testimony from the Association of Counties and the State Supervisor of Assessments was generally supportive of the technical cleanup and implementation changes, but they raised concerns about the June 1 distribution date, application timing, and the practicality of some programming and administrative changes. Committee members also discussed the policy and messaging implications of the 75%/floor structure and the difficulty of applying the credit to certain voter-approved levies. No final action was taken on House Bill 1168; the committee agreed to continue working on amendments and recessed until later in the day.
DE

Delaware 2025-2026 Regular Session

House Appropriations Committee Meeting Jun 23rd, 2026

Appropriations

Transcript Highlights:
  • Senate Bill 219 gradually reduces how much state income tax military retirees have to pay on their military
  • It is designed to make Delaware more attractive to military retirees by reducing the tax burden on their
  • Since then, my family has spent over $10,000 a year in Delaware state taxes.
  • Since then, my family has spent over $10,000 a year in Delaware State taxes.
  • I want to address the fiscal Delaware state taxes.
Bills: SB219, SB9
Summary: The House Appropriations Committee met to hear several bills, with members repeatedly reminded to focus on fiscal impacts rather than policy merits. The committee first considered SB 9 on freshwater wetlands, which would combine tidal and non-tidal wetlands programs into one permitting framework; supporters said the bill resulted from a two-year consensus process and that the governor’s office and DENREC would absorb a significant share of the cost. Public testimony was largely supportive, emphasizing flood control and ecosystem services, though one speaker opposed the spending. The committee voted to release SB 9. The committee then heard SB 278 on child care assistance, which would preauthorize summer camp for eligible school-age children and create a separate lower co-payment for half-day care. The sponsor and the YMCA of Delaware said the change would better align family co-pays with provider reimbursement and make before- and after-school care more affordable for working families. The committee also released SB 278, SB 168 on alcohol delivery for package stores, SB 120 on health insurance coverage for certain testing and treatment, and HB 4, a pilot program for artificial intelligence and extended reality in schools; HB 4 was described as having a near-$3 million fiscal note and a one-year implementation delay because it was not funded in the budget. Later, the committee approved SB 219, which gradually increases the military pension income tax exclusion from $12,500 to $25,000 over three years and includes related joint-filing and residency changes. Supporters argued it would help attract and retain military retirees and bring federal dollars into the state. The committee also released SB 1, a major primary care reform bill that would increase primary care spending and implement hospital payment reforms, with projected long-term savings to the state employee health plan, and SB 325, which expands background checks and wrap-back monitoring for fire service personnel and adds an investigator position for the Fire Prevention Commission. In each case, public commenters and committee members generally supported the bills, and all were released from committee by recorded vote.
TX
Transcript Highlights:
  • Members, Senate Bill 263 is Radio Broadcasters Franchise Tax.
  • This clarification law is consistent with the current tax code.
  • on the franchise tax side by the big broad net of franchise tax.
  • paying taxes on capital gains? Senator West? I don't have any capital gains.
  • This will make sure that capital gains tax is part of it. Thank you. I love you.
Bills: SB260, SB263, SB293, SJR18
US
Transcript Highlights:
  • If these tax cuts expire, our employees will face a direct pay cut through higher tax taxes, making it
  • impact of the estate tax, or as many call it, the death tax.
  • to Cutting Taxes.
  • It's about avoiding tax cuts. tax hike.
  • They're going to be paying significantly higher taxes. taxes.
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 89th 2nd C.S.

Ways & Means Apr 7th, 2025

Ways & Means

Transcript Highlights:
  • tax incentive program.
  • Tax credit and then you get a federal. billion dollar tax credit on your income taxes.
  • In a tax credit benefit.
  • , state hot taxes, and state mixed beverage taxes for 30 years.
  • Tax Tarrant County tax appraisal district said we can't help you.
Bills: HB249
HI

Hawaii 2026 Regular Session

EEP-TOU Joint Public Hearing - Thu Feb 12, 2026 @ 9:30 AM HST

Energy & Environmental Protection

Transcript Highlights:
  • </c><02:01:08.800><c> That's</c> Institute, and Tax Foundation.
  • That's Institute, and Tax Foundation.
  • </c> carbon pricing and refundable tax carbon pricing and refundable tax credits<02:06:03.199><c> to<
  • Examples include the food and excise tax credit, earned income tax credit, and child tax credit.
  • it again, taxes and all that, but we it again, taxes and all that, but we need<02:08:49.760><c> to</c
Bills: HB1617
Summary: The committees heard testimony on HB 1949, which would create a public dashboard for the green fee to improve transparency and accountability. Testimony from the Climate Change Mitigation and Adaptation Commission, the Office of Planning and Sustainable Development, and many community and conservation groups was generally supportive, with several speakers urging that the governor’s project recommendations remain largely intact and that community-driven projects continue to guide spending. One amendment was suggested to place the dashboard at the Department of Budget and Finance for fiscal expertise, while other testimony favored keeping it with the commission. Members asked about procurement, ETS involvement, recurring hosting costs, and whether the dashboard could be funded from green fee revenues; the commission said it could work with ETS and that green fee funds could reasonably be used. The committees then voted to pass HB 1949 with amendments. The committees also heard HB 2618, which would require the governor to submit a separate bill for amounts tied to any increase in the transient accommodations tax and, in later discussion, was expanded into a broader restructuring of future green fee allocations. Testimony from the Climate Change Mitigation and Adaptation Commission, Hawaii Reef and Ocean Coalition, and others supported the bill and emphasized the value of more predictable, dedicated funding for conservation and climate-related work. During decision-making, the chair described amendments creating several special funds under DLNR, including a watershed biodiversity and wildfire risk reduction fund, an aquatic resources conservation fund, a coastal restoration fund, a cesspool conversion revolving loan fund, and a green fee special fund for remaining revenues, with recommended amounts discussed for some of the funds. The committees voted to pass HB 2618 with amendments. The hearing then moved to HB 1644, a consumer protection measure for residential solar sales that would require compliance with consumer protection laws, licensing or contractor affiliation for sellers, and a standardized disclosure form. Testimony in support came from the Hawaii Green Infrastructure Authority, DCCA’s Office of Consumer Protection, Kauai Island Utility Cooperative, the Hawaii Solar Energy Association, and several solar companies and individuals. Supporters said the bill would address complaints about third-party sales practices and improve disclosure, especially around financing. The committee then began hearing HB 2243, which would require electric utilities to provide public, electronic customer bill impact analyses and annual reports to the Public Utilities Commission; the Division of Consumer Advocacy and the PUC offered comments supporting the measure’s intent.
US
Transcript Highlights:
  • Keyes, who has decades of experience in the tax policy world. Mr.
  • Keyes spoke about the importance of permanently extending and building on the. the Tax Cuts and Jobs
  • and businesses, as well as provide additional middle-class tax relief.
  • Keyes, meanwhile, is fully committed to extending the Republicans' 2017 tax cut for billionaires and.
  • We want to make sure that there's a tax code that gives everyone in America the chance to get ahead,
Summary: This meeting of the committee was centered around the consideration of nominations for two key positions: William Kimmett as Undersecretary of Commerce for International Trade and Kenneth Keyes as Assistant Secretary for Tax Policy at the Treasury Department. Members were given the opportunity to provide remarks on the nominees, with discussions revealing contrasting views on their potential impact on U.S. economic policy. While some members expressed support for the nominees, highlighting their qualifications and expertise, others voiced strong opposition, arguing that their confirmation would further a harmful economic agenda that favors billionaires over average Americans. Senator Wyden, the ranking member, emphasized concerns about trade chaos and the detrimental effects on workers and businesses across the country.
HI

Hawaii 2026 Regular Session

ECD Public Hearing - Wed Feb 18, 2026 @ 9:30 AM HST

Economic Development & Technology

Transcript Highlights:
  • </c> tax subsidized. tax subsidized.
  • There's no tax here. So you add on the door tax.
  • </c> from Tax Foundation. from Tax Foundation.
  • </c> and that's in the RV tax. and that's in the RV tax.
  • </c> sell it passing on the tax. Okay. sell it passing on the tax. Okay.
Summary: The committee heard testimony on several measures, beginning with HB 2410 relating to the Hawaii Technology Development Corporation. Testifiers from HTDC and the Hawaii Food Industry Association stood on written testimony, and members discussed the funding request, which was described as $1 million each for three programs, for a total of $3 million. The measure appeared to have broad support, with no opposition noted. The committee then took up HB 2235 HD1 on the military and community relations office, where Lori Moore of MACC asked for additional funding to support local businesses and education-to-career initiatives statewide. Members asked about the amount, and the request was identified as $1.3 million total. HB 904 on space operations followed, with three supporters and one opponent, though no substantive testimony was captured beyond the vote counts. HB 2201 on state enterprise zones drew testimony from Georgia Skinner of DBEDT’s Creative Industries division, who said the measure would build on a well-run enterprise zone program and help make Hawaii’s film industry more competitive. Tom Yamashita of the Tax Foundation also provided comments. The committee then considered HB 2349 relating to DCCA and DBEDT coordination; DCCA explained it already provides links and information to DBEDT programs, while DBEDT argued that direct data sharing would allow more proactive outreach. Members raised privacy and cost concerns, and DBEDT said it would consider opt-in collection and acknowledged system changes and possible funding needs. The committee also heard two tax credit bills. HB 1972 HD1, on a caregiver tax credit, received strong support from AARP, the Hawaii Public Health Institute, the Hawaii Children’s Action Network, and others, who described caregivers as an “invisible workforce” and argued the credit would help families keep loved ones at home and reduce financial strain. The Tax Foundation suggested a grant or subsidy program might be more efficient than a tax credit and raised concerns about debarment provisions. HB 20007 HD1, on the household and dependent care services tax credit, also drew strong support from public health and family advocacy groups, who said Hawaii families face some of the nation’s highest child care costs and that the bill would better reflect current expenses; the Tax Foundation again raised technical concerns about complexity and debarment. Members asked about fiscal impacts, and testimony indicated the current credit costs about $6 million, with the bill expected to increase that amount. The committee then moved on to HB 2385 HD1 on housing, where the Deputy Attorney General began presenting written comments on whether the bill limits county authority.
TX
Transcript Highlights:
  • The state tax rebates that these cities receive are from the state hotel occupancy tax.
  • This includes the state hotel occupancy tax and state sales and use taxes from their hotels, restaurants
  • , state hotel occupancy tax, and mixed beverage taxes that exceeds the base year.
  • These projects typically allow the hotel occupancy tax, sales and use tax, and sometimes the alcohol
  • But the dollars we're talking about here are the state dollars for sales tax hotel occupancy tax that
AL

Alabama 2025 Regular Session

Alabama Senate Finance and Taxation Education Committee Apr 23rd, 2025

Finance and Taxation Education

Transcript Highlights:
  • One of their biggest financial burdens is the gas tax and the electricity tax. So, Mr.
  • This goes back to the Tax Cuts and Jobs Act.
  • 7.2... fiscal note for Alabama of roughly 7.2 million plus, and it'll be a decrease on the federal taxes
  • If the 100% disabled person dies, then whoever the spouse is would start paying the property tax.
  • So you... start paying the property tax. So you... does that make sense, Senator?
TX

Texas 89th Regular

Local Government (Part I) May 5th, 2025

Local Government

Transcript Highlights:
  • tax-free.
  • inventories under the property tax code and how harmful that tax is.
  • tax-free.
  • inventories under the property tax code and how harmful that tax is.
  • It makes the tax system simpler.
Summary: The Senate Committee on Local Government heard several bills, most of them left pending after brief public testimony. House Bill 331, by Rep. Patterson and sponsored by Sen. Hinojosa, would create a presumption that firefighters, police officers, and EMTs who suffer a heart attack or stroke within eight hours after a strenuous shift were injured in the line of duty for workers’ compensation purposes; testimony from a firefighters’ association supported the bill, and it was left pending. Senate Bill 2655, by Sen. Flores, would authorize Burnet County to establish a local provider participation fund to help support local hospital services; a hospital administrator testified in support, and the committee substitute was left pending. Senate Bill 1443, by Sen. Hughes, would extend the Northeast Healthcare Provider Participation District in three counties, and House Bill 3307, by Rep. Noble, would allow property tax arbitrators to complete required continuing education online; both were left pending without opposition. Senate Bill 3048, by Sen. Birdwell, would create the Bluebonnet Hills Municipal Management District in Midlothian and was also left pending. The committee then took up House Bill 9 and HJR 1, sponsored by Sen. Bettencourt, which would raise the business personal property tax exemption from $2,500 to $125,000 and place the constitutional amendment on the November 4, 2025 ballot. Business groups, realtors, and taxpayers’ advocates testified in strong support, saying the change would provide meaningful relief to small businesses and help balance earlier homeowner tax relief. The City of Fort Worth testified in opposition, warning of a revenue shift to homeowners and budget impacts, but the committee adopted the committee substitutes and reported both measures to the full Senate on 6-0 votes. The committee also heard House Bill 1399 and HJR 99, by Sen. Nichols, to exempt animal feed from property tax when it is already sales-tax exempt; no one testified against them, and both were left pending. Senate Bill 2553, by Sen. West, would let owners of historic archaeological sites protest land and structure appraisals separately, and it was left pending after supportive testimony. Senate Bill 2907 and SJR 78, also by Sen. West, would exempt certain perishable inventory, including food and some prescription drugs, from property tax if approved by voters; pharmacists, business groups, a researcher, and a coalition of retailers and food/medicine advocates supported the bill, and it was left pending. Finally, Senate Bill 1331, by Sen. Hancock and explained by Sen. Middleton, would lower the population threshold for certain municipal civil-service-related petition restrictions from 950,000 to 70,000; law enforcement representatives and a San Marcos police association supported it, and it was left pending. The committee then recessed until 15 to 30 minutes after adjournment.
TX

Texas 89th Regular

Local Government (Part II) May 5th, 2025

Local Government

Transcript Highlights:
  • tax revenue.
  • The voters are taxing themselves when they pass a bond proposition by agreeing to pay whatever tax is
  • But that's public tax dollars, property tax money, by the taxpayers of the City of Austin, that is M&
  • Accountants see taxes as involuntary takings.
  • extra taxes.
Summary: The Committee on Local Government heard a series of local bills and public testimony focused on hospital districts, municipal management districts, local provider participation funds, manufactured housing, transit financing, development moratoriums, and property tax procedures. Early items included House Bill 467, which would help dissolve the defunct Maybank Kemp Hospital District and establish an Andrew Gibbs Memorial Nursing Endowment, and Senate Bill 3063, creating the Bio Bell Municipal Management District in Liberty County; both drew no public opposition and were left pending subject to call. The committee also heard House Bill 1327, extending the Harris County local provider participation fund through 2027, and Senate Bill 1375, extending Collin County’s LPPF authority, both presented as mechanisms to draw federal Medicaid matching funds for hospitals. A major portion of the meeting centered on Senate Bill 2764, which would require earlier notice to buyers of manufactured homes about how to convert a home from personal property to real property. Senator Cook described the bill as a consumer-information measure tied to displacement concerns at a mobile home park in her district, and a resident testified in support, saying the notice would help families make informed decisions. The committee also discussed Senate Bill 2519, a bill by Senator Bettencourt aimed at preventing local governments from shifting maintenance-and-operations tax revenue into debt-like uses and from changing the purpose of tax rate elections after voters approve them. Supporters argued it would protect taxpayers and preserve the separation between M&O and debt service, while opponents tied the bill to Austin’s Project Connect transit financing and warned it would disrupt an approved project and invite litigation. The committee heard and left pending several other bills, including House Bill 1244 on agricultural land ownership changes without reapplying for an ag exemption, House Bill 2559 on development moratoriums, and Senate Bill 2063 on unequal appraisal protests. Testimony on House Bill 2559 came from developers and builders who said moratoriums in Conroe had delayed projects and harmed buyers, while supporters of the bill said it would impose clearer limits and notice requirements. On Senate Bill 2063, the sponsor explained a committee substitute narrowing how market value evidence may be used in unequal appraisal appeals. The committee also considered multiple local district bills, including new MUDs and management districts in Montgomery, Denton, Fannin, Travis, Hays, and Williamson counties. At the end of the meeting, the committee took up pending business and voted out several measures, including House Bill 1244, House Bill 2559, House Bill 467, House Bill 1327, House Bill 1399, House Bill 2723, House Bill 2730, House Bill 3307, House Joint Resolution 99, and multiple district bills such as Senate Bills 3037, 3043, 3047, 3048, 3050, 3052, 3053, 3056, 3057, 3063, and others. Most were reported favorably, often with committee substitutes, and many were recommended for the local and uncontested calendar. Several bills, including the transit-related SB 2519 and the manufactured housing bill SB 2764, remained pending subject to call after testimony closed.