Transcript Highlights:

• And when we talk about the tax provisions, we have an increase in the child tax credit.
• And when we talk about the tax provisions, we have an increase in the child tax credit.
• Of an increase in the taxes.
• And additionally, beginning with tax year 2026, there are three other provisions added that are after
• conformity, full tax relief, because... ...providing full tax conformity, full tax relief provided by

Transcript Highlights:

• </c> to lose a significant portion of its tax to lose a significant portion of its tax base<00:21:01.799
• </c> payers are shouldering the tax payers are shouldering the tax advantages<00:32:22.919><c> sales<
• Taxes such as state sales tax and property taxes will go away as a revenue source once the plants are
• </c><00:34:29.159><c> and</c> taxes such as state sales tax and taxes such as state sales tax and property
• </c><00:53:27.920><c> would</c> according to to their filing ads would according to to their filing ads

Committee: House Energy Finance and Policy

Transcript Highlights:

• Sherco represents the coal plant, represents 65% of the city of Becker's property tax.
• 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<

Transcript Highlights:

• , ways and means; HB 4030, rat rate taxes; HB 4031, special place infrastructure; HB 4032, alternative
• credit, tribal taxes; HB 2907, income tax credit, historic fix division; HB 28, municipal tax increment
• HB 4007, municipal tax increment financing; HCR 2013, Goldback Trust Bonds, urging authorization.
• I really think that adding a fitness program... We had less behavioral problems.
• Article 7, Constitution of Arizona, by adding Section 19 relating to election requirements.

Transcript Highlights:

• credits in the low-income housing tax credit program.
• knows tax law better than I do.
• This bill isn't just about a tax exemption.
• At its core, AB 2205 is not just about tax policy.
• A tax liability on a reparations payment is not a technicality.

Committee: House Revenue and Taxation

Transcript Highlights:

• Over time, we're really concerned about tax-based stability and growth.
• Sales taxes are uncapped and can be very significant compared to residential property taxes, which are
• We believe in adding residential to our commercial zones. We did that.
• One such tax allows a jurisdiction to impose a 0.1% sales and use tax to fund housing and related services
• Another such tax is a local state-shared sales and use tax to fund affordable and supportive housing.

Summary: The committee heard Senate Bill 6026, which would require cities and counties planning under the Growth Management Act with populations of 30,000 or more to allow residential uses in commercial and mixed-use zones and bar local governments from requiring ground-floor commercial or retail as a condition of housing approval, with exemptions for certain sensitive areas and a carve-out for transit-oriented development station areas. The prime sponsor, Senator Alvarado, and supporters from the governor’s office, Commerce, housing advocates, developers, and major employers argued the bill would unlock underused land, reduce costs, and help address the state’s housing shortage. Opponents and local government representatives from small towns, counties, and cities said the bill could harm commercial corridors, small businesses, tax base stability, and local planning flexibility, and asked for narrower exemptions or additional carve-outs. No vote was taken on SB 6026 during the hearing. The committee then held executive action on Senate Bill 5937 and Senate Bill 5938. SB 5937, dealing with smart access systems and tenant privacy, was amended to clarify that keypad-only entry is not covered, require written privacy policies within five days of installation, and add operational purposes to allowable data collection; the committee adopted the amendment and advanced the bill with a due pass recommendation. SB 5938, which changes the foreclosure prevention fee and directs a Commerce study on a state homeowner assistance fund, was also amended to extend the study deadline and related expiration date; the committee adopted the amendment and moved the bill forward with a due pass recommendation. The committee then heard Senate Bill 6018, which would expand and modernize the Washington State Housing Finance Commission’s authority, including allowing direct mortgage lending to borrowers, extending bond counsel selection cycles, removing advance notice requirements for bond issuance, and repealing an outdated housing finance plan/program. The sponsor and the commission said the bill would improve efficiency and create new financing tools for affordable housing, while banking groups said they supported the goal but wanted clearer limits to ensure the commission would not enter first-mortgage lending for homebuyers. The sponsor and commission said they would work on clarifying language. Finally, the committee heard Senate Bill 6027 and Senate Bill 6028. SB 6027 would expand the use of local housing sales taxes and the Affordable Housing for All account to support operations, maintenance, rehabilitation, and preservation of existing affordable housing, update REET exemption timing, and align the definition of emergency housing with the Growth Management Act; local governments, housing providers, and advocates strongly supported the bill as a way to preserve existing housing amid rising costs and federal funding uncertainty. SB 6028 would create a revolving loan fund administered by the Housing Finance Commission to finance mixed-income affordable homeownership projects with long-term affordability covenants; the sponsor said it would help builders who have entitled sites but face high capital costs, and the hearing began with staff briefing and sponsor testimony, with questions from members starting as the transcript ended.

Transcript Highlights:

• This amendment aims to find a $100 tax increase to $200. A $100 tax increase to $200.
• So today, the gas tax is 31.8 cents per gallon.
• We can tax more to cover it.
• And property taxes are often used to pay for our local roads.
• system through a local sales tax.

Transcript Highlights:

• </c> zero in federal income taxes. zero in federal income taxes.
• No federal taxes paid. Halliburton nearly a billion dollars paid no taxes.
• </c> wealthy and well-connected get tax wealthy and well-connected get tax breaks<00:16:54.560><c> and
• And we are protecting tax dollars.
• And we are protecting tax dollars.

Bills: HB7567 , SCR33 , SB1318 , HR1224

Keywords: agriculture, food security, farm programs, sustainability, conservation, nutrition assistance, budget resolution, fiscal responsibility, government funding, budgetary levels, congressional budget, foreign intelligence, digital currency, privacy, surveillance, FISA, civil liberties, rules resolution, special rule, House Rules Committee

Transcript Highlights:

• </c> feasible without the use of tax feasible without the use of tax increment<00:04:23.600><c> financing
• </c> the application to the low-inccome tax the application to the low-inccome tax credit<00:14:26.560
• language so that they can actually receive their tax refund or sales tax exemption on the water main
• </c> one of my favorite uh sales tax one of my favorite uh sales tax exemption<00:41:16.000><c> bills
• </c> bill will provide a sales and use tax bill will provide a sales and use tax exemption<00:43:39.440

Committee: Senate Taxes

Transcript Highlights:

• They might be donating land, they might be doing swaps, doing tax increment finance, tax abatement to
• They might be donating land, they might be doing swaps, doing tax increment finance, tax abatement to
• They might be donating land, they might be doing swaps, doing tax increment finance, tax abatement to
• They might be doing swaps, doing tax increment finance, tax abatement to try and kickstart housing.
• </c> their tax dollars so utilize those tax their tax dollars so utilize those tax dollars<01:06:40.200

Committee: House Housing Finance and Policy

Transcript Highlights:

• This tax credit would be similar to the tax credit enacted on a bipartisan basis in Oregon and New York
• This would be a form of a payroll tax credit, what they would receive when they make their periodic tax
• Also, I was a tax auditor in a past life for EDD.
• After taxes are paid, after overtime is paid, they get a tax credit. I would challenge each of you.
• The film tax industry. Because we need them here.

Committee: Senate Labor, Public Employment and Retirement

Summary: The committee heard SB 921, which would create a tax credit to help agricultural employers offset overtime premium costs for farmworkers. Senator Grove and supporters, including farmworkers, the California Farm Bureau, and agricultural groups, argued the bill would restore lost hours and take-home pay after California’s agricultural overtime law reduced schedules. Opponents, including the California Federation of Labor Unions and CRLA Foundation, argued the proposal would subsidize employers with taxpayer dollars and undermine the principle that employers should pay overtime themselves. The bill was held in subcommittee until more members arrived. The committee then took up SB 1083, a cleanup bill to the prior year’s school employee misconduct database law. The author and supporters said it would add due process protections for classified school employees, require an administrative law judge review before placement in the database, and improve notice and vetting rules for contractors and non-permanent staff. School employer groups and other opponents warned the bill could slow investigations and weaken child-safety protections. The committee approved the bill 3-0 and sent it to Senate Appropriations. Members also considered SB 1089, which would require CalPERS health plans to cover GLP-1 medications and expand access through CalRX for chronic weight management and related health conditions. The author and supporters, including the American Diabetes Association and medical groups, said the drugs can prevent diabetes and improve health outcomes but remain unaffordable for many. Pharma representatives expressed concerns about the bill as drafted but said they were open to continued discussions. The bill passed 4-0 to Appropriations. The committee also approved the consent calendar 4-0. Later, the committee heard SB 954, which would narrow and add guardrails to last year’s CEQA exemption for advanced manufacturing, including environmental review near disadvantaged communities and labor standards such as prevailing wage and skilled-and-trained workforce requirements. Labor, environmental, and community groups supported the bill as a cleanup of an overly broad exemption, while business and manufacturing groups opposed it, warning it would discourage investment and worsen California’s competitiveness. The bill passed 3-1 to Appropriations. Finally, SB 1299, a fire sprinkler fitter certification bill, was heard and passed 3-0 to Appropriations with support from the sprinkler fitters and building trades and no recorded opposition.

Transcript Highlights:

• It's an added. The other it was inserted It's an added. The other it was inserted It's an added.
• But well, the excess tax is separate from well, the excess tax is separate from well, the excess tax
• advocating for a tax advocating for a tax increase and taxing on a product that's increase and taxing
• tax tax.
• So I and then times we hear tax tax tax. So I and then times we hear tax tax tax.

Bills: SB 1 , HB 500 , SB 1 , HB 1400 , HB 1094 , HB 365 , HB 1109 , HB 647 , HB 500

Transcript Highlights:

• Property taxes. And as we know, property taxes are a result of spending, right?
• The taxes go up if you spend more. Taxes go down if you spend less.
• Property taxes. is property taxes. Property taxes. Property<00:12:14.800><c> taxes.
• </c><00:12:21.040><c> Taxes</c> The taxes go up if you spend more.
• Taxes The taxes go up if you spend more.

Committee: Senate Election Law and Municipal Affairs

Transcript Highlights:

• We support adding vaping and marijuana to the provisions of the Florida Indoor Clean Air Act.
• In Loudoun County, Virginia, more than half of the local tax revenue comes from data centers.
• In Grant County, Washington, property tax revenues have climbed 1,277% to $54 million.
• How is he to be assessed, tax-wise?
• Data centers can generate $26 in tax revenue for every dollar of public services they require.

Bills: S0408 , S0986 , S0678 , S0800 , S1050 , S0484 , S1118

Committee: Senate Regulated Industries

Transcript Highlights:

• Tom Yamach from the Tax Foundation.
• </c> lured here through the film tax lured here through the film tax incentive<02:25:25.720><c> um</c
• So the path forward isn't through a tax credit, the P, which is a refundable tax credit.
• I wanted to do tax, please.
• some of this tax credit share.

Committee: House Finance

Transcript Highlights:

• Speaker, uh, the Senate added two categories to, uh, House Bill 71.
• And the only amendment is they added a start date of 11-26.
• um, items 22 and 3, adding the word significant.
• Speaker, to talk about the tortilla tax. That's not.
• No, no, no, no, no, no, no, no, no, no, we can't tax tortillas, bre, Mr.

Transcript Highlights:

• But, I mean, instead of—we added, I think Keith said there was 103 added back, right?
• And that's all based on income tax returns, huh?
• It's a tax. $50 million income from tobacco sales. It's a tax. I mean, it's fine.
• This is just language that we are adding and have added in the past to this bill, just to show our intent
• that, based... ...adding and have added in the past to this bill just to show our intent that these

Bills: SB2015

Committee: Senate Appropriations - Human Resources Division

Summary: The committee met to review revised long sheets and section-by-section language for a human services/health budget bill, with much of the discussion focused on how to present block grant funding and full-time equivalent (FTE) positions for behavioral health clinics and CCBHCs. Members debated whether to keep FTE counts in the budget at all, ultimately leaning toward removing or zeroing out the FTE references while keeping the dollar authority, and reducing the salaries-and-wages block grant by about $4.75 million. They also discussed public health federal authority, agreeing to remove about $60 million in unused federal spending authority tied to COVID-era funds, and clarified that if federal money later becomes available it could be requested through the Emergency Commission. A major topic was the provider inflation increase. The House version had 2% and 2%, while members debated alternatives and appeared to settle, at least for further work, on 2% in the first year and 1.5% in the second year, with staff asked to recalculate the fiscal impact. The committee also reviewed FMAP changes, noting a revised 2027 FMAP estimate and its effect on general fund and other funds, and discussed whether to adjust public health and other line items accordingly. Several members emphasized that many of these numbers are still tentative and will be refined before final action. The committee also touched on several policy items and capital-related provisions, including behavioral health services, Medicaid expansion, the moratorium on new ICF beds, and a proposed amendment for a medical homes/fourplex-related item that would show a $400,000 legislative investment with repayment from a developer. There was extended discussion of the All True hospital/facility proposal, with some members favoring leaving it in with a smaller initial commitment and others preferring to remove it and revisit later in conference committee. The meeting ended with staff asked to continue updating the bill language and members instructed to review remaining sections before the next meeting; no final votes were taken in the portion provided.

Transcript Highlights:

• Small bridges is pre-existing; that's the one we're adding culverts to. You have Complete Streets.
• Is that from gas and diesel tax? Is that in these figures, or where does that go?
• host of transportation, but it's still staying in the transportation realm, and this is adding to it
• Is that from gas and diesel tax? Is that in these figures, or where does that go?
• host of transportation, but it's still staying in the transportation realm, and this is adding to it

Committee: Joint Joint Committee on Bonding, Capital Expenditures and State Assets

Summary: The Joint Committee on Bonding, State Assets, and Capital Expenditures held its first public hearing on House Bill 4257, a transportation bonding bill. The administration testified in support, describing the bill as a $1.185 billion authorization: $300 million for Chapter 90 municipal road funding and $885 million for statewide transportation capital programs. Officials said the bill would increase municipal aid by 50%, with $200 million distributed under the traditional Chapter 90 formula and $100 million based solely on road mileage to better help rural communities. They also highlighted $500 million for bridge and pavement lifecycle asset management, $200 million for culverts and small bridges, and $185 million for congestion, safety, ADA, sidewalk, and multimodal improvements. Committee members asked about how municipalities would apply, how the road-mile formula would affect rural towns, and how the bill would interact with federal funding uncertainty and debt financing. Administration witnesses explained that projects would be administered through MassDOT district offices and Grant Central, that the bill would not backfill rescinded federal funds, and that the proposal would likely use special obligation bonds backed by Fair Share revenues to reduce pressure on the Commonwealth’s general obligation debt limit. Members also pressed the administration on the shift from general obligation to special obligation financing and on whether the Chapter 90 increase keeps pace with inflation. Administration officials said the special obligation structure would be credit-rated separately and was intended to expand available capital without affecting the GO bond cap, while acknowledging that the Commonwealth’s debt portfolio would grow. They said the Chapter 90 increase would roughly restore purchasing power lost since 2012, though construction inflation has outpaced general inflation. Several members and witnesses emphasized the importance of the road-mile formula for rural communities and the need for technical assistance for small towns. The Massachusetts Municipal Association testified in strong support of the bill, calling Chapter 90 and the new infrastructure authorizations critical for cities and towns facing federal uncertainty and rising costs. The Massachusetts Aggregate and Asphalt Pavement Association also supported the bill, citing the importance of the funding for road and bridge work, the construction season, and the industry’s economic impact. A committee member asked about asphalt price inflation, and the witness said liquid asphalt costs rose sharply after COVID, including increases of around 20% in some years. At the end of the hearing, the chair said members would receive a poll by email to move the bill out quickly, and the committee then voted to adjourn.

Transcript Highlights:

• The one biggest limitation of the tax credit is that it is a non-refundable state income tax credit,
• which means if a business does not have state income tax liability payable to the Franchise Tax Board
• And the Franchise Tax Board, for both the tax credit and the grant, has the oversight responsibility.
• The evidence for the tax credit is relatively good, and compares pretty favorably both to other tax credits
• The evidence for the tax credit is relatively good and compares pretty favorably both to other tax credits

Summary: The Assembly Budget Subcommittee 5 on State Administration heard presentations from Go-Biz and the Department of Financial Protection and Innovation on the Governor’s budget proposals. Go-Biz described California Jobs First, the state’s 10-year economic development strategy, and emphasized support for small businesses, workforce development, and targeted investment in sectors such as ag tech, life sciences, semiconductors, and advanced manufacturing. Members raised concerns about federal policy changes, tariffs, tourism, housing, child care, and whether state incentives are truly additive; Go-Biz responded that it tracks federal actions closely, works with chambers and advocates, and uses programs like California Competes to target jobs that would not otherwise come to California. The committee then reviewed the proposal to restore the California Competes grant program with $60 million. Go-Biz said the grant would help businesses that cannot use the nonrefundable tax credit, and explained the program’s five-year contracts, milestone-based awards, and recapture provisions. The Legislative Analyst’s Office said the grant could be effective but recommended stronger oversight and clearer eligibility criteria, while also noting the 30% cap in trailer bill language may be too restrictive given the smaller funding level. Public testimony supported the grant and suggested considering refundability or transferability for the tax credit to broaden access for smaller and startup businesses. Members also heard the CHIPS-related proposal for $25 million to support Natcast’s semiconductor design and collaboration facility in Sunnyvale. Go-Biz and public witnesses argued the state investment would help secure a major federal research facility, retain engineering talent, and leverage billions in broader investment, while the LAO recommended rejecting the item because of its dependence on uncertain federal funding and the state’s budget condition. The committee also considered a $17 million continuation of CA RISE, which supports employment social enterprises; Go-Biz and several grantees cited strong job placement and workforce outcomes, while the LAO recommended rejection absent a more rigorous evaluation, noting prior LA RISE evidence did not show long-term employment gains. Finally, the Department of Financial Protection and Innovation presented budget requests for IT security and rent increases, and a trailer bill to raise fees across several programs. DFPI said decades-old fee schedules, inflation, and new regulatory responsibilities have created a structural deficit and warned the department could face insolvency without adjustments. The LAO recommended approving the fee increases only on a three-year limited-term basis and asked for more detailed revenue plans for programs not covered by the proposal, so the Legislature can assess actual collections and market impacts before making the changes permanent.

Transcript Highlights:

• Half of us don't receive any tax support.
• I mean, do you have a nonprofit tax status? Yes.
• But yeah, we don't have any tax dollars coming in.
• No, we've added bank personnel. So, no, bank personnel? Yes. Okay.
• So that's why we're adding financial exploitation to this specifically. I hope that clears that up.

Committee: House Health and Mental Health