Transcript Highlights:

• with CRAs, for children's services councils from sharing property tax revenues with CRAs.
• The amendment contains a total reduction of $272.2 million in state and local tax revenues.
• The report includes $7 billion of general revenue and $1 billion of trust funds.
• I don't have a number for you as far as revenue. We subsidize all of our public institutions.
• I don't have a number for you as far as revenue. We subsidize all of our public institutions.

Summary: The House convened with prayer, a moment of silence for former Senator Donnell C. Childers, the Pledge of Allegiance, and recognition of Officer Antonio Richardson as law enforcement officer of the day. A quorum was announced, the journal was approved, and the Speaker said the chamber would take up 11 budget conference reports, with debate and final votes on each report. The first report considered was HB 7031E, the tax package, followed by HB 501E, the state budget appropriations bill. On HB 7031E, Chair Duggan explained that the conference report included a range of tax reductions and tax-related changes, including sales tax holidays, property tax and homestead-related provisions, reductions in certain taxes and fees, and new exemptions or administrative clarifications. He said the package also added items such as sales tax relief for certain university construction projects, a tennis admissions exemption, and changes to agricultural property tax treatment, and that the amendment reduced state and local tax revenues by $272.2 million. Members questioned the bill about the child care tax credit reduction from three years to one, the homestead exemption provision for certain diplomats and foreign service personnel, the absence of gas tax relief and combined reporting, and the inclusion of firearm accessories and tennis tickets in sales tax holidays. After structured debate, the House adopted the conference report and passed HB 7031E by a vote of 88-11. The House then began the conference report on HB 501E, the $114.5 billion budget for fiscal year 2026-2027, which was described as below the prior year’s spending level and leaving more than $14 billion in reserves. Subcommittee chairs outlined major allocations across education, higher education, IT, health care, transportation and economic development, justice, state administration, and agriculture/natural resources. Highlights included increased FEFP funding and veteran teacher raises, full funding for Bright Futures, major IT modernization projects, Medicaid and behavioral health funding, transportation and local infrastructure spending, correctional and law enforcement investments, fire station and emergency response funding, and large environmental and water-quality appropriations. Members asked detailed questions about school voucher fraud oversight, scholarship funding, teacher raises, preeminence funding, ADAP changes, SNAP data tools and error rates, Medicaid rate changes, prison wastewater monitoring, and other budget items, but the transcript ends during the budget questions before final action on HB 501E is shown.

Transcript Highlights:

• A plan to provide uh dedicated<00:02:13.880> revenue<00:02:14.840> for<00:02:15.080>
• dedicated revenue sources. dedicated revenue sources.
• a dedicated source of revenue. a dedicated source of revenue.
• Predictable revenue would be transformational. Here are some examples of what it could do.
• revenue would be Predictable revenue would be transformational. transformational. transformational.

Keywords: 919, house, all

Summary: The committee heard House File 3279, the “Our Future Starts at Home” constitutional amendment, which would ask voters to approve a 3/8 of 1% statewide sales tax increase to create a dedicated housing revenue stream. Chair Howard said the proposal is intended to address Minnesota’s housing shortage through predictable, long-term funding, estimated at about $400 million annually for 25 years, and would be administered through a council that would fund housing vouchers, rental and supportive housing, and affordable homeownership. Supportive testimony came from coalition and nonprofit advocates, including Nelima Sitati Munene, Ben Helvick Anderson, Dakota Morgan, and Chris Berggren. They argued that Minnesota’s housing crisis requires permanent, sustained investment rather than one-time grants, and said the amendment could produce thousands of vouchers, supportive housing units, rental units, and starter homes over time. Testifiers also emphasized the need for community voice and lived-experience representation in how funds are distributed, and described the bill as a way to prevent homelessness and stabilize families statewide. Several members raised concerns that the proposal would add another regressive tax burden on residents already struggling with affordability. Representatives Johnson, Nash, Dotseth, and Myers argued that sales taxes hit lower-income Minnesotans hardest and said the state should focus more on zoning, regulatory reform, and other cost reductions instead of new taxes. Chair Howard responded that housing costs themselves are already highly regressive and that both policy reform and public investment are needed. The bill was laid over and no vote was taken.

Transcript Highlights:

• A lot of cleanup stuff for the Department of Revenue.
• to Internal Revenue Code conformity. to Internal Revenue Code conformity.
• and excise taxes, uh namely new revenue and excise taxes, uh namely new revenue streams<00:21:47.920
• 00:22:34.520> form<00:22:34.800> or revenue reductions in some form or revenue reductions
• <00:23:07.000> I for the Department of Revenue. I for the Department of Revenue.

Keywords: 958, all

Summary: The House convened with prayer and the Pledge of Allegiance, established a quorum with 95 members present, excused absent members, and adopted a legislative citation honoring Dave Buzz Baker for his long career with WKYT and the UK Sports Network. The Senate clerk then reported several Senate bills passed by the Senate and requested concurrence. The House approved the journal and received committee reports advancing a wide range of bills on agriculture, banking and insurance, judiciary, licensing and regulations, education, and information technology, covering topics such as agricultural procurement, pesticide labeling, vehicle financial protection products, proxy advisory services, financial exploitation, status offenses, firearms liability protections, school administrator salaries, sick leave, school safety, and data privacy. The chamber then considered House Bill 468 on civil rights. The bill would update the Kentucky Civil Rights Act to align the definition of disability with the federal ADA, and it would remove the Kentucky Human Rights Commission’s adjudicative powers over employment and public accommodations disputes while preserving investigative functions. House Floor Amendment 1 was adopted; it removed language barring attorney’s fees, preserved local commissions’ investigative powers, authorized local commissions and private plaintiffs to file civil actions in circuit court, and extended the probable-cause determination period from 30 to 180 days. The bill, as amended, passed 72-22. House Bill 757, the session’s revenue bill, was then debated. Its sponsor described provisions including moratoriums on certain local school district taxes, Internal Revenue Code conformity, new taxes on data brokering, fantasy contests, and predictive markets, EV charging station inspection fees, elimination of some tax expenditures, Department of Revenue cleanup provisions, and process changes for inheritance tax, property tax delinquencies, and other measures. Members raised concerns that the bill would limit local school boards’ taxing options and could affect bonding and school construction; the sponsor said TIF-related provisions would sunset future participation, not existing projects, and that the bill had been developed with agency input. House Bill 757 passed 69-18. The House also passed House Bill 727, creating the Kentucky Education Placement Service System for teacher applicants and district job postings, by a vote of 94-0. The chamber then took up House Bill 776, a modernization of the Dental Practice Act, with changes to board authority, licensure renewal, hygienist and assistant rules, and telehealth standards; the sponsor noted an ownership-related issue and presented House Floor Amendment 1 for consideration, but the transcript cuts off before final action on that amendment and the bill.

Transcript Highlights:

• , not total revenue from that well, but incremental revenue on the production tax side of just over $500,000
• Projecting that out shows the overall revenue potential.
• , such as oil and gas revenue being a big one of that.
• tax revenue.
• of all of the tax revenue generated in the state.

Keywords: 908, all

Transcript Highlights:

• , not total revenue from that well, but incremental.
• Revenue and incremental, not total revenue from that well, but incremental, on the production tax side
• , such as oil and gas revenue being a big one of that.
• tax revenue.
• of all of the tax revenue generated in the state.

Summary: The committee met to receive updates from the Tax Commissioner’s office on property tax relief programs and related compliance work. Commissioner Brian Croshys reviewed the Homestead Property Tax Credit, Disabled Veteran Credit, and Primary Residence Credit, noting that the Homestead program expanded significantly after HB 1158, that some households are “adjusting out” of eligibility as incomes rise, and that the committee may want to consider indexing income thresholds. Members asked for additional data on bracket breakdowns, possible costs of eliminating income limits for seniors, and how many households are zeroed out by the combined programs. Croshys also discussed the simpler administration of the disabled veteran credit, the growth in participation, and the heavy workload and auditing safeguards built into the new primary residence credit system. He said the department found no material compliance findings and that the program is designed to be digital-first, with county auditors and the Tax Commissioner’s office both involved in review and notification. The committee recessed for lunch and later reconvened, with the chair noting that more detailed PRC information would likely be available at a September meeting. Shelly Myers then presented the statewide property tax increase, or “zero growth,” report and the 2025 statistical report. She explained how county auditors report levy and valuation data, how increases and decreases are counted, and which jurisdictions showed the largest percentage changes in countywide, citywide, school district, and park district levies. In the statistical report, she summarized recent trends in assessed values: agricultural values remained relatively flat, while residential, commercial, and centrally assessed property values increased over the past five years. She also reviewed statewide tax levies by property class and clarified that centrally assessed growth figures were annual averages. Members discussed how shifts in land use and annexation can make it appear that tax burdens are moving from ag to residential/commercial property. Myers then summarized the interim study on the 3% levy limitation under HB 1176, saying most counties complied without budget changes, while some used hiring freezes, deferred purchases, or reserve funds; 23% of counties had to reduce levies, and the affected funds were mainly general, road and bridge, and weed control. She said 12 counties reported zero new growth in the data and that 35 counties reported not using all of their cap. The committee also received an oil tax presentation from Croshys on the stripper well extraction tax exemption. He outlined the number of active stripper wells, the production and revenue implications of the exemption, and projections for future biennia under different tax scenarios. He said the exemption represents substantial savings to operators but also corresponds to production tax revenue that would otherwise be collected, and he emphasized that future outcomes depend on oil prices, well counts, and technology such as CO2 enhanced oil recovery. Nathan Anderson of the Department of Mineral Resources briefly answered a question about why Red River wells have a different production threshold than Bakken wells, explaining it was tied to completion costs and lateral length. The committee then heard from Charlie Gorecki of the EERC, who presented an analysis of typical Bakken well decline curves and argued that most oil is produced before a well reaches stripper status, but that keeping wells open and investing in refracturing or other interventions can recover additional production. No votes were taken during this portion of the meeting; the main actions were receiving reports, asking for follow-up data, and scheduling further discussion for a later meeting.

Transcript Highlights:

• So what is the revenue impact of the bill, and what is your estimate of the revenue loss to the state
• I think one of the key elements to this is that we are looking at tax revenue that is generated by the
• I think one of the key elements to this is that we are looking at tax revenue that is generated by the
• would go up, but in our case, revenues would go up, but in our case, marketing<00:31:31.840> is
• marketing is going down, but revenues marketing is going down, but revenues are<00:31:33.360>

Keywords: 912, senate, all

Summary: The committee heard testimony on a series of economic development, tourism, and tax measures. SB 2411 drew broad support from the Department of Business, Economic Development and Tourism, the University of Hawaiʻi, the Chamber of Commerce, and Retail Merchants, with one technical amendment suggested to change a partnership term from six to seven years. Members asked about implementation and annual costs, and the department said it would follow up with cost information. HB 2583 HD1, relating to economic development and a loan loss program, also received support, but DBED noted the state already has the CBED loan program and suggested the proposal could be placed under that existing framework rather than creating a new program. HB 1612, based on business revitalization task force recommendations, was supported by DBED and several business and advocacy groups, including the Small Business Regulatory Review Board and Grassroot Institute. Testimony emphasized improving Hawaii’s business climate and using a ranking/reporting tool to measure progress, while one senator questioned whether the bill would simply fund another study instead of direct improvements. HB 1613, relating to HTDC, was supported by HTDC, the Chamber of Commerce, and startup and industry representatives who said a permanent marketing/branding specialist would help attract tech talent, founders, and investors; a member asked why the position was not in the budget, and HTDC said federal NIST funding uncertainty affected the request. HB 1614, also on economic development, was supported by HTDC and business groups, and members discussed whether the state was missing federal funds due to lack of matching dollars; HTDC said it was difficult to know, but matching funds could help leverage more federal grants. The committee then took up HB 2590 on taxation for creative industries. The Motion Picture Association and Hawaii Film Alliance strongly supported the bill, saying it would correct GET treatment for payroll service companies, restore motion picture and TV production as manufacturing, and repeal a 2022 provision affecting qualified expenses; the Department of Taxation said it would provide revenue-impact information later. Finally, HB 1950 HD1 on the transient accommodations tax drew strong support from DBED, HTA, the Hawaii Visitors and Convention Bureau, hotel and resort groups, and others, who argued for a dedicated tourism marketing fund and said the state needs more stable, long-term marketing investment. The Tax Foundation opposed the special fund approach, arguing it would reduce legislative flexibility. Members pressed witnesses on the appropriate percentage for the fund, with HTA suggesting 10% to 12% of TAT collections, and the discussion focused on how marketing spending relates to visitor spending, tax revenue, and long-term tourism competitiveness.

Transcript Highlights:

• Direct tax revenue, new tax revenue because of these projects, and this isn't the ancillary benefit;
• this is direct new tax revenue over 10 years.
• I'd like to start with a quick reminder to everyone in terms of revenue, Mr.
• recommendation is $237,000 less general fund revenue than the executive.
• In the other revenue and that is generated from local government investment pool funds in the other revenue

Keywords: 996, all

Transcript Highlights:

• account that is going to be dedicated to victim services funding, that different sources of revenue
• I think it is a starting place, and we are certainly open for more suggestions of what kinds of revenue
• <00:02:35.599> account<00:02:36.280> that alternative special revenue account that
• alternative special revenue account that is<00:02:36.519> going<00:02:36.720> to<00:02:
• could be placed in that account Revenue could be placed in that account um<00:02:54.720> and<

Keywords: 1183, house

Transcript Highlights:

• We all know California does not have a revenue problem...
• While California has benefited from strong revenue growth in recent years, those revenues alone have
• Our revenue... Thank you very much, Mr. Speaker.
• I rise to present SB 122, our revenue trailer bill.
• We have record revenue. I mean, to any normal person... We have record revenue?

Keywords: 988, house, all

Transcript Highlights:

• According to the Department of Revenue, 88% of all taxpayers in Arizona use the standard deduction.
• That will reduce our revenues significantly to provide tax cuts to the wealthiest and corporations.
• Revenue Code deductions. Mr. Majority Leader, please make the motion to substitute. Thank you, Mr.
• So we're talking about additionally hundreds of millions of dollars of lost revenue to the state, by
• She runs the Department of Administration, the Department of Revenue, every other department.

Keywords: 1182, all

Transcript Highlights:

• We have heard these bills with the hopes that we would have a bill that would generate the revenue for
• We have heard these bills with the hopes that we would have a bill that would generate the revenue for
• Some of the counties we serve, like Rio Arriba, received the lion's share of their revenues from the
• A dip in revenues by any small percent would mean the loss of county operations.
• Offsets may provide a brand new revenue stream as large source, Offsets.

Bills: SB12, SB36, SB92, SB120, SB133, SB151, SB18, SB96

Keywords: tax credit, physician, healthcare, income tax, rural health, quantum technology, infrastructure, economic development, New Mexico, corporate tax, research and development, innovation, affordable housing, gross receipts tax, tax deduction, construction materials, multifamily housing, low income, journalism, local news

Transcript Highlights:

• As we think about how those revenue sources are put together, we think about Child Care Assistance and
• The 14 million that you see LFC above in other transfers is revenue that the LFC put in from the land
• Those numbers don't match because we did some other revenue swaps. Thank you, Mr. Chairman.
• In revenue. So I think that we want to emphasize these are voluntary programs.
• And so, by supporting our child care Programs with these better revenues and these rates.

Bills: SB2

Keywords: SB 2, State Highway Project Bonds, highway funding, transportation bonds, state road fund, motor vehicle fees, vehicle registration fees, electric vehicle fee, EV surcharge, plug-in hybrid fee, weight distance tax, road construction, infrastructure financing, Department of Transportation, State Transportation Commission, bonding authority, county road funds, municipal road funds, transportation improvement program, state highways

Transcript Highlights:

• The LFC puts a little bit more using a different fund, a different revenue source.
• We have a very small federal revenue difference, only $200,000, and that's some assumptions that the
• The guidelines for LFC, you know, reflected... lower revenues that were coming into the state that we
• It's over 563 million a year that the state is losing in revenue.
• It's excess school oil and gas tax revenue, that's what it is, and excess federal mineral leasing.

Bills: SB2

Transcript Highlights:

• Growth rate of our revenues.
• BART was one of the few transit systems in the country that generated more than half of its revenues
• Of dollars in revenue every single year, and yet they still get tax breaks and are not appropriately
• You take a set of factors, which is, of course, how much revenue we have.
• California is deeply disappointed that this new budget is balanced on cuts and not on new revenue.

Keywords: 988, house, all

Transcript Highlights:

• Assembly Bill 539 by the Assembly, Assembly Bill 539, by the Assembly Committee on Revenue, authorizes
• Members of the Senate Revenue Committee, we're going to go in at 5:30. Thanks, stay tuned.
• It'll be after revenue. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you.
• President, your Committee on Revenue and Economic Development, to which were referred Assembly Bills
• of the total revenue each month beginning in fiscal year 2030.

Keywords: 909, all

Transcript Highlights:

• Calls to backfill lost federal revenue, but we want to help educate you throughout the interim on what
• So, overview, go through the federal budget, revenue and spending, which to me, hugely problematic as
• As of Friday, I was looking at 11 to 13% cuts to federal revenue.
• Um, but there's a range of other revenue sources that are used to match the federal funds.
• Chairman and Charles, what was the total revenue?

Transcript Highlights:

• And a royalty compliance auditor on revenue processing.
• They're going to be dwarfed if you look at the revenue overall from oil and gas.
• They're all basically revenue that that we take a percentage of money that we're earning.
• My name is Noam Montaño, and I'm the LFC Analyst for the Taxation and Revenue Department.
• Joining me is the Secretary of the Taxation and Revenue Department.

Keywords: 996, all

Transcript Highlights:

• The Committee on Revenue and Taxation will come to order. Good morning.
• Today, the solar industry is ready to start paying taxes, and the counties will start receiving revenue
• Our 2020 Our 2022 estimates predicted billions of dollars in property tax revenues, and those would be
• A loss of revenue would be a problem, and so we're open to working.
• I understand the opposition has its concerns, but these are new revenues.

Keywords: 987, senate, all

Transcript Highlights:

• It's actually the largest general revenue swath in the budget, for a fun fact.
• Within the Department of Revenue, are the needed repairs at the not building that we love so much.
• Within the Department of Revenue, there's $75.2 million for payments to fiscally constrained counties
• In the back of the bill, there is $691 million from the general revenue fund that reverts back.
• million from the general revenue fund that reverts back to the EASE program.

Summary: The Senate took up the 2026-2027 budget package, beginning with an overview of the $115 billion General Appropriations Bill (SB 2500/HB 500). Appropriations Chair Hooper said the budget is smaller than last year’s, maintains strong reserves, and includes a 3% pay raise for all state employees and 5% raises for state law enforcement, firefighters, correctional officers, and park rangers. Committee chairs then highlighted major spending in their areas, including $34.9 billion for Pre-K-12 education, $11.9 billion for higher education, a $2.1 billion-plus increase in health and human services, $7.9 billion for criminal and civil justice, $16.8 billion for transportation/tourism/economic development, and major environmental and regulatory investments such as Everglades restoration, water quality, and land acquisition. Members asked detailed questions about several items. Topics included the Emergency Management Trust Fund, arts and cultural grants, Florida Forever land acquisition versus conservation easements, teacher salaries and charter school funding, New College funding, ADAP/HIV drug assistance, Medicaid rate reductions for non-critical access hospitals, DOC operational deficits and inmate health/food costs, judicial staffing, and school enrollment supplements. Chairs explained that some reductions reflected shifts in how scholarship and categorical funds are tracked, that the ADAP appropriation would take effect immediately upon enactment but would only cover part of the year, and that hospital reductions were tied to a broader DPP funding increase. Questions also covered lottery staffing, concealed carry licensing workload, and whether vacant positions were being eliminated as part of budget right-sizing. After the budget discussion, the Senate substituted House bills for the Senate budget bills and adopted amendments placing the Senate language onto the House vehicles. The chamber then passed HB 500, HB 503, and HB 5201, and agreed to conference on each. It also passed SB 7028/HB 5205 on retirement, SB 2506 on fuel taxes, SB 2508 on the state agency law enforcement radio system, SB 2510/HB 5401 on court trust funds, SB 2512 on judgeships, SB 2514 on K-12 education, SB 2516 on higher education, and SB 2518 on health, with each bill passing by unanimous or near-unanimous votes and then being sent to conference or requested of the House for concurrence.

Transcript Highlights:

• The public hearing of the Joint Committee on Revenue is now officially convened. Welcome, everyone.
• The public hearing of the Joint Committee on Revenue is now officially convened. Welcome, everyone.
• These bills would direct the Department of Revenue to lead a coordinated multilingual outreach campaign
• These bills would direct the Department of Revenue to lead a coordinated multilingual outreach campaign
• Thank you, Rachel, and thank you as well to the Revenue Committee for allowing us the opportunity to

Keywords: 995, all

Summary: The Joint Committee on Revenue held a public hearing focused largely on tax-credit proposals tied to children, families, caregivers, child care, health care workforce development, and public health. A major portion of the hearing concerned bills to expand the state earned income tax credit and child and family tax credit, including H. 3073/S. 1957 and S. 1975. Testimony from advocacy groups, legal services, tax assistance organizations, and health providers supported increasing the EITC match from 40% to 50% of the federal credit, expanding eligibility to immigrant and mixed-status ITIN filers, larger families, younger and older workers, and SSI recipients, and raising the child and family tax credit to $600 per child with inflation adjustments and possible advance payments. Witnesses said these changes would reduce poverty, improve health and educational outcomes, and help families meet basic expenses; committee members asked questions about ITIN filers and expressed support for the policy goals. The committee also heard extensive testimony on S. 1938/H. 3159, An Act Supporting Family Caregivers. Speakers described the scale of unpaid caregiving in Massachusetts and supported a package that would create a refundable tax credit, respite vouchers, workplace and housing protections, unemployment insurance access for those who leave work to care for relatives, a permanent advisory council, and a provision allowing spouses to be paid caregivers under MassHealth. Several witnesses shared personal caregiving experiences, and committee members responded favorably, noting the emotional and financial strain on caregivers and the importance of supporting them as Medicaid and long-term care systems face pressure. Additional bills discussed included H. 3174 on a child and dependent care tax credit, which was presented as a way to offset the high cost of child care; H. 3197/S. 2019 to improve the financial security of family child care providers through a tax credit; H. 3218/S. 1960 to create tax credits for health care preceptors to address workforce shortages; S. 2064 to establish a living organ donor tax credit; S. 2034 to promote healthy alternatives to sugary drinks through a tiered tax; H. 3015 to create a tax-return checkoff for the YMCA Youth and Government Program; and several public testimony ideas including vaccination, literacy, and grade-improvement tax credits. No votes or formal committee actions were taken during the hearing, which ended after all testimony was heard.