Transcript Highlights:

• House Bill 386, an act to amend Title 30 of the Delaware Code relating to personal income tax deduction
• It simply reduces the tax burden on income that has already been reported and taxed.
• I appreciate Representative Romer's question because I do think it has to do with tax code, which is
• I appreciate Representative Romer's question, because I do think it has to do with tax code, which is
• tax.

Summary: The House Revenue and Finance Committee met to consider House Substitute 1 for House Bill 386, which would create a temporary Delaware income tax deduction for qualified tip income from tax years 2027 through 2029. The sponsor described it as relief for service workers in restaurants, salons, and similar tipped occupations, with a deduction of up to $15,000, income-based phaseouts, a refundable credit for lower-income workers, and a sunset for later review. Committee members raised questions about the resident/non-resident language, the fiscal note, and whether the Department of Finance could implement the change; Finance said the department could administer it and expected only modest administrative costs, while the Comptroller’s office said the bill would reduce general revenue. After a brief recess to review updated language, the committee took public comment, but no one testified. A motion to release the bill failed to receive enough votes, and the chair said she would walk it to seek additional signatures. The committee then considered Senate Bill 219, which would phase in an increase in the military pension income exemption from $12,500 to $25,000 by tax year 2029. The sponsor argued the measure would help attract and retain military retirees, citing economic return estimates, workforce benefits, and support from all 21 Senate co-sponsors. Some members supported the bill as a way to reward service and bring in long-term residents, while others questioned whether the exemption should be income-based rather than available to all military retirees, including those with substantial second careers. The Department of Finance said it could operationalize the bill and that the non-resident language was unnecessary because the subtraction is already picked up in the non-resident code section. Public testimony from veterans’ organizations strongly supported the bill, emphasizing that the exemption can influence retirement decisions and help veterans and their families stay in Delaware. A motion to release the bill also failed to get enough votes, and the chair said she would walk it for signatures before adjourning the meeting.

Transcript Highlights:

• Let's say the taxes owed is $500, but we sell it for $1,000. Does state code not say?
• The taxes owed is $500, but we sell it for $1,000. Does state code not say where that $500 goes?
• , That when property is sold over taxes, over the price of taxes, the original landowner can apply for
• You would send equivalent of the tax dollar, the tax amount to the county.
• above and beyond the tax.

Keywords: 994, senate, all

Summary: The Senate Finance Committee met with a quorum, approved the minutes from the prior meeting, and heard budget presentations from the Secretary of State, the Attorney General, and the State Auditor. The Secretary of State’s office described its FY27 budget, emphasizing efficiency gains from technology, election security work, and business services. It said it is operating with fewer staff than a decade ago, but rising costs and outdated statutory fees are creating deficits in service of process and other operations. The office asked the committee to consider either increasing fees or allowing it to retain a larger share of business-service revenue, and it also proposed creating an Office of Entrepreneurship to help small businesses navigate state government, grants, permits, and related services. Committee members questioned the Secretary of State’s office about fee increases, the current 50-50 split of certain revenues with general revenue, and whether the proposed entrepreneurship office would duplicate existing services. The office said it would complement, not replace, Commerce, SBDC, or grant programs, and would report metrics and policy recommendations to the legislature. The Attorney General then requested a one-time $2 million special revenue appropriation to hire additional lawyers and support staff, citing increased litigation, federal and state legal work, and the need to defend new laws. He also discussed embedded DMV lawyers handling DUI revocation hearings and said the arrangement costs the office just over $200,000. The State Auditor reported that his office is largely self-funded through special revenue and said he wants to reduce reliance on general revenue over time. He highlighted savings from renegotiated leases and an open government contract, discussed the need for more auditors in the Chief Inspector’s Division, and described fraud recovery and P-card operations. A major topic was delinquent land sales: the auditor said the office sold about 17,000 parcels last year and believes online bidding and better marketing could generate substantially more revenue, with the surplus potentially shared among counties, the state, and other programs. Members also asked about securities fee changes, fairness hearings, fire department audits, IT/cybersecurity, and how surplus proceeds from delinquent land sales should be handled. The committee adjourned after the presentations and questions.

Transcript Highlights:

• <00:22:36.240> is<00:22:36.480> going<00:22:36.679> to code a diagnosis code
• She gave an example from a physical health acute setting. code so um to get a release every single code
• What's the big deal about coding?
• combination of spending cuts and tax combination of spending cuts and tax increases<01:05:51.000
• tax.

Keywords: 1191, senate, all

Transcript Highlights:

• more fairness and stability in the tax more fairness and stability in the tax code<00:59:52.080>
• But, really, this is looking at how we can right-size our tax code or sales tax code to an economy that
• <01:21:29.120> try problem in the tax code, uh but also try problem in the tax code, uh but
• <01:27:36.680> code changing dramatically, and our tax code changing dramatically, and our
• Uh we can't shy away from the tax code.

Keywords: 1187, senate, all

Transcript Highlights:

• States to crack Japan's primary encryption system, code-named Purple.
• Speaker, I would say that no, this isn't a tax increase. Mr.
• Speaker, I would say that, no, this isn't a tax increase in the traditional sense of a tax increase,
• They correct the code references to the code that gives those folks the authority to do that.
• Treasurer's liens for unpaid taxes and charges.

Keywords: March 10, 2026 - Regular Session, 976, house, all

Transcript Highlights:

• comes to subpoena Authority and any code comes to subpoena Authority and any code of<00:49:22.680
• representative Lynn we have our own code representative Lynn we have our own code of<00:58:13.240
• talking about the issue of code of talking about the issue of code of conduct<01:27:44.880> um
• <01:27:51.280> of Bill if everywhere the term code of Bill if everywhere the term code of
• This law now, you violated the code of conduct, so the code of conduct is now expanded to include how

Keywords: 928, house, all

Summary: The House Judiciary Committee met to hear House Bill 520, which would authorize the Department of Education to issue subpoenas in investigations and hearings involving the code of conduct for New Hampshire educators. Representative Lynn, the bill sponsor, said the measure was intended to give the department standard subpoena power during investigations and in later adjudicatory proceedings, with a process for challenging overbroad subpoenas. He argued that agencies with investigative and hearing authority should also have the power to compel witnesses and documents, and said the bill was narrowed from an earlier broader draft to focus on teacher credentialing and address concerns about scope. Members raised several concerns about whether the department already has enough authority, whether the Attorney General could handle subpoenas instead, and whether the bill creates an imbalance by giving subpoena power mainly to the investigating side. Representative Burroughs said she did not feel she had enough information and was uncomfortable with the bill, especially regarding who bears subpoena costs. Representative Biron questioned the trial analogy and whether both sides truly have equal subpoena rights. Lynn responded that the investigative stage is like a grand jury process, where only the investigating body subpoenas witnesses, while the adjudicatory stage allows both sides to seek subpoenas through the hearing officer. Other questions focused on the bill’s scope. Representative Andreos asked what investigative authority the Department of Education already has, and Representative Organ questioned why the bill is limited to educators rather than also covering vendors, charter school boards, or the EFA scholarship organization. Lynn said the limitation to educators was deliberate, because earlier broader versions drew objections for being too expansive. Representative Tur asked whether the Attorney General could already handle such matters, and Lynn said that while the AG might be able to pursue some investigations or court subpoenas, agencies should be able to conduct their own internal investigations. No vote or final action was taken in the portion of the hearing provided.

Transcript Highlights:

• to the code that would allow for sort of green or sustainable practices.
• <00:09:32.080> I'm place a moratorum on building codes.
• I'm place a moratorum on building codes.
• Um, I would like to make a comment about the rehabilitation tax credits.
• I think the rehabilitation tax credits.

Keywords: Roll Call 00:00:08 Approval of minutes 00:00:08 Discussion of Final Report 00:00:58 Adjournment 00:23:57, 958, all

Summary: The Housing Task Force met to approve its September and October minutes and then consider its final report, which was described as an overview of the second year of the task force’s work and included 14 recommendations for future legislative action. Members thanked the co-chairs and staff for compiling the report and noted that it had been posted publicly. Several members emphasized that housing problems affect both urban and rural areas across Kentucky and that the report should help guide next steps in the General Assembly. Members offered a range of comments on the recommendations. One representative urged stronger language on the state’s role and cautioned against moratoriums on building-code reforms that could discourage sustainable practices or raise long-term utility costs, while also suggesting more down payment assistance. Others highlighted the need for local flexibility in housing policy, support for rehabilitation tax credits, and continued use or expansion of affordable housing credits and direct support for construction, infrastructure, revolving loan funds, and low-income housing tax credits. Another member suggested adding clearer “right to rebuild” language so homeowners could rebuild after a fire if the home meets current code. The co-chairs summarized the task force’s main takeaways as two broad issues: regulatory delays and the need for more financial incentives. Members also discussed zoning, permitting delays, and the importance of moving permits more quickly so development can proceed without unnecessary holdups. After a motion and second, the committee approved the report as amended by the added “right to rebuild” language, and agreed to submit it to LRC, the Senate President, and the Speaker for approval before adjournment.

Transcript Highlights:

• Number three reconciles differences between the probate code and the trust code regarding ademption by
• It's going to require an expenditure of our tax dollars.
• be good 24 months from now, 36 months from now, until the building code changes.
• That's tax increment funding.
• That is property taxes that are essentially reinvested right back into the CRA area.

Summary: The Committee on Community Affairs met and took up a long agenda of bills, beginning with SB 262 on trust law technical changes. Senator Berman explained four clarifications involving trust decanting, successor trustee actions, ademption by satisfaction, and homestead/community trust definitions; a technical amendment was adopted and the bill was reported favorably. The committee also approved SJR 174 and SB 176, which together would prevent certain homestead tax assessment increases when owners elevate flood-prone homes, and SB 180, a hurricane preparedness and response bill that included a strike-all amendment addressing FEMA reimbursement, mutual aid, hazard mitigation, and post-disaster rebuilding issues. Supporters from emergency management, beaches, counties, and local business groups testified in favor of SB 180, and it was reported favorably. Members then approved SB 608, which renames the Gulf of Mexico to the Gulf of America in Florida statutes, despite questions about cost and an appearance in opposition. SB 1002, dealing with utility service restrictions and local government limits on energy-related policies, drew opposition from Earthjustice and Florida for All over possible unintended consequences and fossil-fuel favoritism, but was still reported favorably. SB 466 on the Florida Museum of Black History generated extensive testimony, with strong support from St. Augustine, Florida Memorial University, pastors, local officials, and the museum foundation for locating the museum in St. Johns County; one witness argued for Eatonville instead, but the bill was reported favorably. The committee also passed SB 1128 on building permits for single-family dwellings after an amendment clarified local zoning review and added insurance and liability protections for design professionals. SB 582, increasing penalties for unlawful demolition of historic buildings and structures, was reported favorably with support from preservation advocates. SB 1202, extending family health insurance premium benefits to firefighters permanently disabled during training exercises, also passed without opposition. Finally, SB 1242 on community redevelopment agencies prompted the most debate: supporters argued CRAs can be valuable tools for affordable housing and redevelopment, while opponents warned the bill would effectively end all CRAs by 2045 and block new projects; after extensive discussion, the bill was reported favorably. At the end, senators recorded additional votes on several tabs, and the committee adjourned.

Transcript Highlights:

• I am Tom Yamach from the Tax Foundation.
• dcca okay comments Tom yamacha tax dcca okay comments Tom yamacha tax Foundation<00:03:07.200>
• of the committee is Tom yamach from tax of the committee is Tom yamach from tax Foundation<00:03
• one<00:27:12.279> just<00:27:12.520> one of tax uh alcohol taxes one just one of tax
• is changing the tax structure which is changing the tax structure which is right<00:27:20.760>

Keywords: 912, senate, all

Summary: The joint hearing first took up SB 696, which would create an emergency management office and fund tax credits, grants for low-income taxpayers to fortify homes, shelter development, and staffing. Supporters argued Hawaii needs a dedicated preparedness office and funding before the next hurricane season, while the Tax Foundation said the bill was too vague, especially on who would qualify for the tax credits and under what conditions. The Department of the Attorney General and the insurance division offered comments, and both committees recommended deferral of SB 696. The Commerce and Consumer Protection committee then heard SB 179 on construction defect remedies and the contractor repair act. Builders, Realtors, carpenters, and a mortgage industry witness supported the bill, saying it would reduce abusive litigation, speed repairs, and help housing production and affordability. Homeowner advocates and plaintiff attorneys opposed it, arguing it would weaken consumer protections, shift repair costs to homeowners, and delay or limit legitimate claims. One testifier suggested the Senate focus instead on stronger alternative dispute resolution, and the committee noted 105 written supporters, four opponents, and one comment submission. The committee next heard SB 416 on allowing pets in rental housing, with the Attorney General recommending a non-impairment safeguard because of possible effects on existing contracts. SB 593 on commercial dog breeders drew support from the Hawaii Humane Society and others, with concerns raised that counties would be expected to enforce the new regime without funding. SB 641, creating a tax on low-alcohol-by-volume spirits beverages, drew opposition from the Wine Institute, which said it would create a tax break for one segment and likely reduce state revenue. SB 1048 on online crowdfunding received support from GoFundMe and comments from the Attorney General, with GoFundMe urging changes to reduce burdens on charitable fundraising. SB 1213, allowing businesses to accept service of process by email instead of maintaining a registered agent, drew DCCA comments and opposition from LegalZoom, which warned email service could be unreliable and vulnerable to phishing.

Transcript Highlights:

• Tax Receipts.
• Local business taxes are about efficiencies.
• and Fire Code Prevention or Florida Fire Prevention Code, how practically does that look to be done
• There are certain codes that need to be followed, certain building codes that need to be followed.
• What tax dollars, US tax dollars are currently being used in this $40 million a week funding?

Transcript Highlights:

• So if a local code official who's responsible for enforcing the code needs some help interpreting code
• But in 2003, we went from the uniform codes, all of them being the Uniform Building Code, Fire Code,
• and Uniform Plumbing Code, and House Bill 1734 was passed, where the I-codes, or the International Code
• the code.
• Everything that we've talked about—energy code, building code, residential code—in my mind, there are

Summary: The committee heard first from Ferndale city officials and a representative of FutureWise on annexation planning. Ferndale described its “annexation blueprint” or phased annexation plan as a way to tie urban growth area planning, capital facilities, and eventual annexation together earlier in the process. Speakers argued that counties often allow incremental development in urban growth areas without city-level standards, impact fees, or coordinated infrastructure planning, which can leave cities and taxpayers with higher future costs and make annexation less likely. Members raised questions about fire districts, county revenue loss, and whether annexation incentives or interlocal revenue-sharing agreements could help. FutureWise supported requiring annexation phasing in countywide planning policies, using pre-annexation agreements, and applying city standards in urban growth areas to make annexation more predictable and less contentious. The committee then received a primer and update from the State Building Code Council (SBCC). Staff explained the council’s composition, standing committees, technical advisory groups, and rulemaking process, including normal, expedited, and emergency rulemaking. They described the ongoing 2024 code cycle and the separate work underway on Senate Bill 5491 and related legislation concerning single-stair residential buildings and multiplex housing. Members discussed how the legislature can better direct the SBCC, the difference between prescriptive and performance-based code approaches, and the importance of involving technical experts early. The SBCC also addressed concerns about the wildfire urban interface code, noting that problems arose when code language and maps were developed on different timelines and applied to urban areas in ways that were not anticipated. Several members asked about regional differences, especially energy code impacts in eastern Washington and the role of natural gas. SBCC representatives said the council can use climate zones and appendices for some regional variation, but statewide statutory targets still constrain the energy code. They emphasized that the council is largely reactive to legislative direction and public proposals, and that clearer legislative intent would help avoid ambiguity in future code development. No votes were taken during this portion of the meeting.

Transcript Highlights:

• This is an act to amend the Real Property Tax Law in relation to providing for a direct pay tax abatement
• This is an act to amend the Real Property Tax Law in relation to providing for a direct pay tax abatement
• The bill passed and is reported to the Code Committee.
• New York City collects its revenues and taxes from Staten Island and then provides services.
• This is an act to amend the Real Property Tax Law in relation to tax abatements for building owners in

Keywords: 993, senate, all

Summary: The Senate Standing Committee on Cities 1 met on May 14, 2026, with a quorum present and Chair Erik Bottcher presiding. The committee considered a series of bills affecting New York City and related tax, housing, and municipal issues. Early measures included a neighborhood small business rent increase exemption (S.1451A), notice to community boards before locating transitional housing (S.3884), a solar and energy storage tax abatement credit (S.4272A), towing protection enforcement (S.4793), safety policies and training for correction and health workers (S.543?), and a proposal to create the city of Staten Island (S.8578). Most of these bills were advanced to other committees after brief discussion and voice votes. The most extensive debate centered on S.8578, which would incorporate Staten Island as a separate city. Senator Lanza argued that Staten Island has long been neglected by New York City, cited past referendums and historical grievances, and urged the committee to let the bill continue through the process. Chair Bottcher and other members responded that Staten Island is an important part of New York City and discussed housing, transit, environmental preservation, and the City of Yes zoning changes; several members said they did not support secession but were open to continued conversation about Staten Island’s needs. After debate, the bill was defeated in committee. The committee also considered an artist housing preferences bill (S.9652), a facade-work tax abatement bill (S.9559), a parkland discontinuance measure (S.9987), and a credit/debit card surcharge prohibition bill (S.1005). S.9652, S.9559, S.9987, and S.1005 were reported out after voice votes. One homeless shelter placement bill (S.5554) failed. The meeting concluded after the final votes and adjournment.

Transcript Highlights:

• at the bank franchise tax.
• at the corporation tax level and at the limited liability entity tax level.
• institutions started to become taxed. institutions started to become taxed.
• corporation income tax. corporation income tax.
• And so, corporation income tax.

Keywords: Meeting Start 00:00:00 Votruba Young Scholars Academy 00:01:55 Taxation of Financial Deposit Institutions 00:36:50, 958, all

Transcript Highlights:

• I want to shut down people who are taking 100% of the property taxes off tax rolls with no benefit to
• Yeah, but this is such a horrifying... ...a horrifying perversion of the tax code.
• treatment and to sales tax preferential tax treatment, correct?”
• And so the tax avoidance in these projects, the value of the tax avoidance, will also increase with it
• section in the appellate code.

Summary: The Senate convened with a quorum, offered an invocation, approved the previous day’s journal, and received a House message announcing passage of HB 4 on public school accountability and assessment. The chamber also recognized the Doctor of the Day, adopted SR 520 honoring Rosser Coke-Newton Sr. for his biography of former Governor Richard Coke, and adopted SR 518 recognizing Texas Moral Injury Awareness Day, with remarks focused on the impact of moral injury on veterans and first responders. The Senate later adopted SR 395 honoring the ninth class of Governor William P. Clements, Jr. Scholars, and several other resolutions were adopted by voice vote, including college savings awareness recognition and other member-sponsored recognitions. The body then took up several bills and resolutions on the floor. HB 3307, allowing online continuing education for arbitrators in property tax appeals, passed unanimously after suspension of the rules and the three-day rule. HB 913, renaming and reorganizing certain state hospitals, and HB 2970, governing the Gulf Coast Protection District and coastal barrier design, also passed unanimously. HJR 1 and HB 9 advanced a proposed constitutional amendment and statutory change to raise the business personal property tax exemption from $2,500 to $125,000; both measures passed, with HJR 1 receiving one no vote and HB 9 passing unanimously after a clarifying amendment. The Senate also passed HB 1151, which limits child removals and termination of parental rights based solely on parental medical treatment decisions, and HB 116, which revises grounds for involuntary termination of the parent-child relationship by removing the “O grounds” and requiring support from financially able parents whose rights were terminated. HB 1899 lowered the age for pyrotechnic operator licenses and fireworks display permits from 21 to 18. SB 1285, as amended, passed to protect bats by prohibiting entombment while preserving removal options from unoccupied spaces, and SB 2847 passed to promote innovations in core curriculum for faster bachelor’s degrees. On criminal justice, SJR 87, a proposed constitutional amendment requiring denial of bail for certain repeat violent felony offenders, passed after two floor amendments clarifying due process and representation language; Senator Eckhardt spoke against it on final passage, arguing it lacked judicial discretion and a clear-and-convincing standard. SB 3073, requiring magistrates to make written findings in certain criminal proceedings, also passed. Later, SB 128, requiring hospitals to report suspected child abuse-related information to HHSC, advanced on a divided vote, and SB 2619 and SB 2972 passed on public school accountability and expressive activities at public colleges, respectively, with Senator Eckhardt opposing SB 2972 as too restrictive on campus protest rights. The chamber also heard extended debate on HB 21, targeting “traveling” housing finance corporations and their use of tax exemptions for apartment projects, with supporters arguing it curbs abuse of the tax code and critics warning about unintended effects on affordable housing; the discussion continued with questions but no final action shown in the excerpt.

Transcript Highlights:

• House Bill 462, an act to amend Title 14 of the Delaware Code relating to school taxes, out of executive
• Entertainment Production Tax Credit, out of Finance, four on its merits.
• House Bill 461, an act to amend Title 14 of the Delaware Code relating to school tax, out of Education
• House Bill 461, an act to amend Title 14 of the Delaware Code relating to school tax, out of Education
• Delaware Code relating to state aid to municipalities for streets.

Summary: The Senate received a large number of House communications and committee reports, including several nominations and many bills and resolutions returned from House committees or passed by the House. Committee reports covered a wide range of topics, including education, health, judiciary, finance, housing, transportation, emergency management, and business/technology. The Senate also assigned several measures to committees for further consideration and noted upcoming committee meetings. The chamber confirmed three nominations by roll call: Michael T. Scuse to the Delaware Thoroughbred Racing Commission, J. Eric Firewold to the University of Delaware Board of Trustees, and Joan F. Coker to the University of Delaware Board of Trustees. The Senate also passed Consent Calendar 66, which included Senate Concurrent Resolution 223 on DIA broadcast access for playoff and championship games and House Concurrent Resolution 149 designating June 12, 2026, as Loving Day in Delaware. Members discussed Loving Day and the importance of recognizing interracial marriage rights, with Senator Huxstable, Senator Buckson, and Senator Townsend offering remarks. On the floor, the Senate passed House Bill 141, requiring a firearm responsibilities notice for gun purchasers, after debate over gun safety and industry burden; House Substitute 1 for House Bill 200, as amended, expanding insurance coverage for HIV prevention medications PrEP and PEP; House Bill 426, modernizing municipal street-aid reporting; and Senate Resolution 21, directing a study of portable solar generation devices and related safety and utility issues. The Senate also passed Consent Agenda O, a large package of bills covering topics such as money transmission and stablecoins, nursing advancement, pilot licenses, commerce and trade, subaqueous lands, driver’s license loss due to medical issues, residential speed limits, electronic bidding, family court jurisdiction, agency regulations, technical corrections to multiple local charters, and other measures. The Senate then recessed until June 25, 2026.

Transcript Highlights:

• board of appeals for State Building Code or state fire code disputes.
• <01:01:27.960> zoning Code fire code and Municipal zoning Code fire code and Municipal zoning
• State building codes original fire codes State building codes and<01:03:48.359> ordinances<01
• yield tax.
• assessment is a yield tax.

Keywords: 928, house, all

Summary: The Municipal and County Government Committee held public hearings on House Bill 471 and House Bill 373. HB 471 would create a temporary commission to study growth, traffic, planning, and land use issues in a group of southern New Hampshire towns, with possible recommendations on regional planning commission boundaries or coordination. Representative Perez said the bill was requested by Londonderry residents and local officials, and Eric Power of Brookline testified in support, saying the towns share corridor and development issues that cross regional planning commission lines. Several members questioned whether existing law already allows towns to form regional planning commissions under RSA 364:6, whether the bill should be broader, and whether the town list should include additional communities. The hearing closed with testimony counts reported as two in support and three opposed on remote sign-in, plus one opposed and one in support on the blue sheet. HB 373, sponsored by Representative Diane Powers, would revise RSA 41:11-a on town property leases. Powers said current law is too restrictive because leases over five years require repeated town votes, which she argued is impractical for long-term arrangements. She cited examples from Hampton and Brookline, including long-term road and property leases, and said she had found multiple similar cases. The bill would keep select board authority for leases under one year, allow a legislative body to authorize a specific longer lease by a three-fifths ballot vote, and preserve the existing five-year blanket leasing authority with a three-fifths vote, while keeping existing leases valid if authority is later rescinded. Eric Power testified in support, describing recurring lease renewals in Brookline and saying longer terms are needed for projects such as housing, cell towers, and solar arrays. Members asked about the change from a simple town vote to a three-fifths threshold and whether the bill duplicates existing mechanisms; Powers said the higher threshold was intended because the leases involve long-term commitments. No votes were taken during the hearing portion described.

Transcript Highlights:

• Most states just tax materials, so it results in a roughly double tax burden, even though our GRT rates
• Because that's our tax code and that's the underlying foundation.
• The beauty of our tax code has always been we have a broad base.
• You know, we shouldn't be chipping away at the tax code. I mean, we all know that.
• So we get gross receipts tax data in the RP80 from TRD, and it is essentially all tax receipts.

Transcript Highlights:

• Federal tax provisions, specifically sections 45U... ...and 48E of the Internal Revenue Code play a vital
• It's the only means of production tax credit in the entire tax code.
• Just to edify here, Sections 45U, 45Y, and 45E of the Internal Revenue Code, not known in the tax code
• No sir, 45U is a production tax credit for existing nuclear.
• And then, 48E is an investment tax credit for new nuclear.

Keywords: 1185, senate, all

Transcript Highlights:

• of taxes.
• to state sales tax.
• Take up tab 2, SPB 7048 by Finance and Tax, relating to the Internal Revenue Code, and Senator Avila,
• code reflects changes made to the Internal Revenue Code during 2025.
• code.

Summary: The Finance and Tax Committee met with a quorum present and took up two bills. The first, SPB 7046, was the Senate tax package. It included changes to Live Local property tax opt-outs, charter school distributions from voter-approved property tax levies, RV park special assessments, fiscally constrained county funding, a permanent sales tax exemption for small propane tanks, a hunting/fishing/camping sales tax holiday, and provisions barring governmental net zero policies. An amendment made the charter-school distribution change prospective starting July 1, 2026. Committee discussion focused heavily on whether the charter-school language would divert money from traditional public schools and on the fiscal-constrained county formula. The bill was reported favorably as a committee bill after a roll call vote, with Senators Bernard and Jones voting no. The committee also considered SPB 7048, which updates Florida’s conformity to the Internal Revenue Code as of January 1, 2026 and partially decouples from federal tax changes in the One Big Beautiful Bill Act. The bill addresses bonus depreciation, research and experimental expenses, business meal deductions, and the business interest deduction, with the Revenue Estimating Conference expected to review the fiscal impact later in the week. The Florida Chamber testified that the bill should better align with federal tax relief and reduce administrative burdens, while senators emphasized the need to balance business tax relief with state revenue constraints. SPB 7048 was also reported favorably as a committee bill by roll call vote.

Transcript Highlights:

• Arizona tax code.
• Applied those Trump tax cuts to the Arizona tax code.
• This will apply the Trump tax cuts to the Arizona income tax code.
• It's a $440 million tax relief package for Arizonans... ...tax code.
• This applies the Trump tax cuts to the Arizona tax code.

Keywords: 1182, all