Video & Transcript Research : 'Texas tax code'
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NM
New Mexico 2025 Regular Session
IC - Revenue Stabilization and Tax Policy Aug 14th, 2025
Revenue Stabilization & Tax Policy Committee
Transcript Highlights:
- But conforming to the federal tax code, even when we may not agree with the policy or we don't understand
- that they want to include in their own tax code for the computation of their tax base.
- Interpretations of Internal Revenue Code provisions by the IRS or courts will also affect state taxes
- There are a few other aberrations; we focus on the income tax code, both personal and corporate.
- We need to get away from dollars and cents in the tax code.
TX
Transcript Highlights:
- property code.
- Texas is different. Texas was founded on ideals of freedom and liberty.
- Texas is different.
- Um, appointed pursuant to the Texas government code. I specifically set for eviction dockets.
- Ways of Texas.
TX
Transcript Highlights:
- We generate hundreds of thousands of dollars in annual Texas sales tax revenue.
- HB 5 would wipe out legitimate annual Texas sales tax revenue.
- Since 2022, my store alone has paid over $185,000 in sales tax revenue to the state of Texas.
- I purchased this Texas-made product legally, paid sales tax, and own it lawfully.
- I purchase this Texas made product legally, paid sales tax, and own it lawfully.
Summary:
The House Committee on Public Health heard House Bill 5, a proposal to ban THC products outside the Texas Compassionate Use Program while allowing non-intoxicating CBD and CBG products under tighter regulation. Chair Van Deaver gave a lengthy background on the 2018 federal Farm Bill and Texas’s 2019 hemp law, arguing that the lack of guardrails allowed a large, unregulated THC market to develop. HB 5 would impose licensing fees, product registration, testing and inspection requirements, and restrictions intended to keep products away from children.
Invited witnesses from law enforcement strongly supported the bill. Steve Dye of the Texas Police Chiefs Association and Brian Hawthorne of the Sheriffs’ Association of Texas argued that THC consumables are widely mislabeled, often far more potent than advertised, and linked to youth access, impaired driving, and organized crime. Both said regulation would be ineffective and would amount to legalization, while a ban would be easier for officers to enforce. They also emphasized support for the Texas Compassionate Use Program and said medical THC should remain available.
Dr. Peter Stout of the Texas Association of Crime Lab Directors and Alice Amelot of Texas DPS testified as resource witnesses about forensic testing. They said current lab resources are already stretched thin, that quantitative testing for THC and related cannabinoids is expensive and time-consuming, and that a ban would simplify enforcement because labs could focus on presence/absence testing rather than concentration. Amelot said DPS labs are neutral on the bill but explained that mislabeled products and inaccurate certificates of analysis are common. Committee members asked about traffic safety, impairment, youth use, and the costs of enforcement and lab testing; witnesses repeatedly said the bill would reduce complexity for law enforcement but that any approach would still require more resources for labs.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Thursday, February 12, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- the tax code like traditional firearms. the tax code like traditional firearms.
- There's a revolution, a explain this is a segment of the tax explain this is a segment of the tax code
- If it's about the tax code, let's deal with the tax code. But as Mr.
- As tax filing season begins, important improvements to our tax code are already making a real difference
- As tax filing season begins, important improvements to our tax code are already making a real difference
TX
Transcript Highlights:
- taxes, oil production tax, franchise tax, and insurance tax.
- There's $3 billion in new property tax relief provided pursuant to requirements in the Education Code
- tax, our responsibility towards school tax taxes for... the budget would be in fiscal year 28 yeah super
- You've got two hands: you've got tax being collected and tax being spent, and we tax to feed the hand
- You've got tax being collected and tax being spent, and we tax to feed the hand that's being spent.
Bills:
SB 1
Keywords:
campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards
Summary:
The Senate Finance Committee convened for its first hearing of the 89th regular session, confirmed a quorum, adopted committee rules by a 15-0 vote, and began review of Senate Bill 1, the state budget for fiscal years 2026-27. Chair Huffman outlined the committee’s organization, introduced staff, and described the budget as conservative and focused on one-time investments. She highlighted major SB 1 priorities including property tax relief, full funding for public education formulas, teacher pay, school safety, border security, Medicaid growth, dementia research, energy and water infrastructure, transportation, wildfire suppression, and other capital and public safety needs.
Comptroller Glenn Hager presented the biennial revenue estimate, saying the state has $194.6 billion available for general-purpose spending in 2026-27, with a projected $23.8 billion ending balance from the current biennium. He cautioned that revenue growth is returning to more normal levels and that lawmakers should avoid committing short-term surpluses to ongoing expenses. He also explained that the Economic Stabilization Fund is projected to hit its constitutional cap, meaning an estimated $5.6 billion in severance tax and related revenue would remain in general revenue in the upcoming biennium rather than flow into the fund. Senators discussed whether to raise or rename the fund and the implications of keeping more severance-tax revenue in general revenue.
The Legislative Budget Board then gave an overview of SB 1 and the budget’s major funding changes. LBB staff explained that the bill is essentially flat at $332.9 billion in all funds, but includes large method-of-finance shifts and major property tax relief. They detailed how prior property tax relief enacted in the 88th Legislature grew from an estimated $18 billion to $22.7 billion because of higher property values and hold-harmless provisions, and said SB 1 continues that relief with a total of $51 billion in ongoing and new property tax support. Members asked extensive questions about the automatic growth in school tax compression, the constitutional homestead exemption, COVID-era federal funding, Medicaid assumptions, and the sunset of the non-homestead circuit breaker. No additional votes or final budget actions were taken beyond adoption of the committee rules.
TX
Texas 89th 2nd C.S.
Criminal Jurisprudence S/C New Offenses & Changed Penalties Apr 15th, 2025
Transcript Highlights:
- And it, they happen from North Texas to South Texas.
- busts across North Texas.
- The Texas Penal Code on non-livestock animal cruelty states that a person commits an offense if the person
- Pursuant to Texas Penal Code Section 6.03, a person is criminally negligent when he ought to be aware
- Civil Practice and Remedies Code.
TX
Transcript Highlights:
- taxes, oil production tax, franchise tax, and insurance tax.
- Code.
- There's $3 billion in new property tax relief provided pursuant to requirements in the Education Code
- There's $3 billion in new property tax relief provided pursuant to requirements in the Education Code
- You've got tax being collected and tax being spent, and we tax to feed the hand that's being spent.
Bills:
SB 1
Keywords:
campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards
Summary:
The Senate Finance Committee held its first hearing of the 89th regular session, adopted nearly identical committee rules from the previous legislature by a 15-0 vote, and began review of Senate Bill 1, the state budget for fiscal years 2026-27. Chair Huffman outlined the budget framework, emphasizing conservative spending, a $332.9 billion all-funds budget, and major priorities including property tax relief, public education, border security, health and human services, transportation, energy, and water infrastructure. She also introduced committee and leadership staff and described the hearing schedule and public testimony procedures.
Comptroller Glenn Hager presented the biennial revenue estimate, saying the state has $194.6 billion available for general-purpose spending, including a $23.8 billion ending balance, but warned that revenue growth is returning to more normal levels and that lawmakers should avoid using temporary spikes for ongoing commitments. Senators questioned him extensively about the Economic Stabilization Fund cap, sales tax trends, inflation, and whether the state should consider raising the cap or using severance-tax revenues differently. Hager said the Rainy Day Fund is expected to hit its cap, which would leave more severance-tax revenue in general revenue, and he stressed that infrastructure needs remain significant.
The Legislative Budget Board then gave a detailed overview of SB 1 and the budget’s major components. LBB staff explained that the bill includes continued funding for the Foundation School Program, $850 million for the Texas State Technical College endowment, $1.3 billion for the Texas University Fund, $6.5 billion for border security, salary increases for correctional officers and state troopers, $3 billion for dementia research, higher community attendant wages, expanded community-based care, $5 billion for the Texas Energy Fund, and funding to clear volunteer fire department grant backlogs. They also outlined supplemental priorities such as water infrastructure, retirement legacy payments, rail grade separations, wildfire aircraft, and emergency facilities, and said the current controlling budget limit is the tax spending limit.
A major portion of the hearing focused on property tax relief. LBB explained that prior-session relief grew from an expected $18 billion to $22.7 billion because of higher-than-anticipated property values and interactions among hold-harmless provisions, and that SB 1 continues and expands relief with $51 billion in total property tax relief, including $3 billion more for compression, $3 billion to raise the homestead exemption from $100,000 to $140,000, and a $500 million placeholder for business tax relief. Senators discussed the automatic nature of some of these costs, the effect of the non-homestead circuit breaker, the role of federal COVID funds, and the need to maintain school finance commitments if the state continues to compress school tax rates.
TX
Transcript Highlights:
- taxes, oil production tax, franchise tax, and insurance tax.
- , rental taxes, oil production tax, franchise tax, and insurance tax.
- Total tax.
- The first amount is $5.3 billion. to pass property tax relief, legislated through the Education Code.
- : There's $3 billion in new property tax relief provided pursuant to requirements in the education code
Bills:
SB 1
MN
Transcript Highlights:
- additional visits from a code official additional visits from a code official the<00:14:42.759><
- I know a lot of people say it's code enforcement.
- has a statewide building code.
- Texas did change.
- I don't know the specifics of Texas, but I do know that that was the reason that Texas did enact it:
Summary:
The Senate Labor Committee heard Senate File 560, a bill to require the Commissioner of Labor and Industry to establish a cost-per-square-foot valuation for residential building permits. Senator Dornink said the measure is intended to make permit fees more fair, reasonable, transparent, and predictable, and to reduce housing costs by limiting large differences in permit fees between municipalities. He said the bill would be sent to the Housing Committee without recommendation, and members discussed but did not act on a related amendment that would have shifted plan review and inspection fees to hourly and trip-based charges and made fee information publicly available.
Testimony from Housing First Minnesota supported the bill’s goal, arguing that Minnesota’s housing shortage and high new-home prices make it important to reduce inefficiencies in the permitting system. The witness said permit valuations are often increased by cities, leading to higher costs for homebuyers, and cited examples of large fee differences between municipalities and claims of overcollection. He said some other states, including Texas and Wisconsin communities, use square-footage-based approaches. A League of Minnesota Cities representative opposed the amendment language and cautioned that trip charges and hourly billing would make fees less certain, could raise costs, and would be especially burdensome in Greater Minnesota; he said current valuation-based fees better reflect the actual cost and complexity of service and can be appealed if disputed.
A representative of the Association of Minnesota Building Officials also raised concerns about the amendment, saying building departments provide consultations, inspections, plan review, and other services beyond a single trip, and that trip charges would not fit a responsive fee-for-service model. He said the current valuation system helps cover the full range of permitting work, though he acknowledged that a consistent square-foot valuation standard could improve transparency and reduce disputes over project value. Committee members asked about other states’ approaches and the scope of the bill, and the discussion emphasized that the proposal applies to one- and two-family dwellings.
TX
Transcript Highlights:
- But really, the 10-hour workday has really saved us in East Texas, West Texas, in the Texas panhandle
- We can hire people in South Texas and West Texas.
- We can hire people in South Texas and West Texas.
- West Texas, there are parts of West Texas where Amarillo...
- Government Code.
Bills:
SB1
Keywords:
campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards
Summary:
The committee heard a Legislative Budget Board presentation and then testimony from the Department of Public Safety on the Article 5 public safety budget. LBB said DPS’s 2026-27 recommendation totals $3.7 billion, down from the prior base, while FTEs rise by 856.7. Major items included increased funding for driver license services and customer support, new trooper funding and recruit schools, crime lab operations, border security, and reductions tied to one-time facility, vehicle, and aircraft spending. The committee also discussed new riders, including one to lapse unused trooper funds and require reporting after recruit schools.
Members focused heavily on driver license operations, questioning why prior staffing increases and a prior efficiency study had not solved long wait times, high call abandonment, and appointment delays. DPS and LBB said the agency receives about 22,000 calls per day, answers only about 9 percent, and is seeking more staff plus technology upgrades such as automation, kiosks, and better online processing. Senators also raised concerns about rural access, REAL ID document requirements, and whether the department should rethink its processes rather than simply add employees.
DPS leadership then described needs for the Williamson County training academy, additional troopers, Capitol and Alamo security, border operations, aircraft and vehicle replacement, and regional headquarters in El Paso and San Antonio. Members asked about Operation Lone Star costs, overtime, pursuit safety, border crime, oilfield theft, and sexual assault kit and toxicology backlogs. DPS said border deployments remain focused on criminal threats, that overtime is partly driven by deployments and staffing shortages, and that the sexual assault kit backlog is down to 118 cases with a goal of zero by April. The committee later recessed and began the Texas Alcoholic Beverage Commission budget presentation, where LBB outlined a $115.1 million recommendation and noted ongoing costs for the AIMS technology project.
TX
Transcript Highlights:
- I don’t say heaven because I’m just hoping a repentant Aggie tax-ex-tax collector senator can get there
- However, there are parts of the code that still require Texas institutions of higher education to be
- Senate Bill 530 simply cleans up Texas code to be in line with federal rules.
- Senate Bill 530 simply cleans up Texas code to be in line with federal rules and gives colleges and universities
- A simple fix to sync Texas law with the THECB's March decision.
Summary:
The Senate Committee on K-16 met with 14 bills on the agenda and announced it would recess around 9:45 to attend the floor session, then resume afterward. The committee first took up Senate Bill 2361, which would transfer governance of the University of Houston-Victoria from the University of Houston System to the Texas A&M University System and rename it Texas A&M University-Victoria. Senator Cole explained that the committee substitute added transition language for employee health benefits and ERS contributions. Supporters, including Texas A&M System officials, Victoria’s mayor, regional economic development leaders, a Formosa Plastics representative, a Victoria College trustee, and a local business owner, said the move would better align the university with regional industry needs, especially engineering, agriculture, and workforce development, while helping retain local students and support economic growth. A Texas A&M official also noted accreditation, data-system, and other transition challenges, but said the change was manageable. Because there was no quorum, the committee could not adopt the substitute, and SB 2361 was left pending subject to the call of the chair after public testimony closed.
The committee then heard Senate Bill 530 from Senator Sparks, which would update Texas higher education law to match federal rules allowing institutions to use any nationally recognized accreditor rather than only a regional accreditor. Sparks said the bill was a cleanup measure responding to a 2019 federal rule change and prior concerns had been addressed over the interim. Testimony in support came from a Texas Public Policy Foundation fellow, who said the bill would give universities flexibility, preserve quality standards, and simplify credit transfer and costs for students. With no opposition and no questions, public testimony closed and SB 530 was left pending. The committee then recessed subject to the call of the chair.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Wednesday, January 15, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- H.R. 33 makes certain our tax code reflects the values of fairness and trust.
- H.R. 33 makes certain our tax code reflects the values of fairness and trust.
- <03:27:57.960>
code responsibility to ensure the tax code responsibility to ensure the tax - <03:28:03.199>
code <03:28:03.479>reflects hr33 makes certain our tax code reflects - eliminate the tax code and zero it eliminate the tax code and zero it out<08:09:59.760>
maybe
TX
Transcript Highlights:
- So Texas remains open for business.
- But if you look at all of this and you factor in tax credits, federal tax credits.
- revenue for Texas communities, as well as multigenerational income for Texas landowners.
- in Texas.
- , and federal tax credits.
Summary:
The Senate Committee on Business and Commerce convened to discuss critical infrastructure and supply chain integrity, particularly focusing on Texas's power grid and associated vulnerabilities. The meeting highlighted Texas's recent ranking as 10th in electricity affordability, emphasizing the state's commitment to maintaining a reliable and resilient electric grid. New committee members introduced themselves, and the agenda included testimony from ERCOT and the Public Utility Commission regarding the implementation of the Lone Star Infrastructure Protection Act, which aims to mitigate risks posed by foreign entities to the power grid.
Chad Sealy from ERCOT presented updates on the attestation process for market participants, revealing that over 1,500 entities had submitted attestations regarding their corporate structures and affiliations with designated foreign countries. Concerns were raised about the adequacy of the current vetting process, particularly regarding indirect relationships with foreign adversaries. Testimonies from the PUC and the Attorney General's office underscored the challenges of enforcing compliance and the need for improved legislative measures to enhance oversight and security.
The committee also heard from experts, including Dr. Emma Stewart from Idaho National Laboratory, who discussed the evolving threats to the grid from foreign adversaries and the importance of securing communication systems. Recommendations included prioritizing inspections of critical components and enhancing collaboration with national laboratories to address vulnerabilities. The discussion concluded with an acknowledgment of the balance needed between ensuring grid security and maintaining affordability for consumers.
TX
Transcript Highlights:
- It would also cost the state of Texas hundreds of millions of dollars in lost tax revenue.
- I was born and raised in Texas, currently living in Denton, Texas.
- Of Tyler, Texas, yes. of Tyler, Texas. Milton Pfeiffer, representing Green Nation of Tyler, Texas.
- I send more than that to the- state of Texas and taxes in just six months.
- We already have testing requirements, QR code transparency, and can easily make age verification Texas
Keywords:
hemp regulation, consumable products, cannabinoids, state health, youth protection, licensing fees, criminal offenses, HB28, public testimony, committee decorum, bill substitute, legislative process
Summary:
The meeting featured significant discussions regarding HB28, where the chair outlined the plans to bring forward a substitute for the bill. The chair emphasized the importance of maintaining order and decorum during the proceedings. Members engaged in deliberations, and a number of public witnesses were invited to testify, thereby enriching the discussion around the bill. This interaction provided valuable insights into public sentiment regarding the issues at hand.
TX
Transcript Highlights:
- rate and the use of a tax revenue that the repayment of the debt refer for the Committee on Ways and
- AB 2443 by Hicklin relating to requiring the Texas Education Agency to prepare.
- HB 2517 by Barry relating to the applicability of premium maintenance, taxes to Texas Windstorm Insurance
- Association, Texas Fair Plan Association.
- Senate, and the Texas House of Representatives for the Committee on Redistricting.
TX
Transcript Highlights:
- Honor the Texas flag. I pledge allegiance to thee Texas, one state under God, one and indivisible.
- They were a team in serving for Representative Johnson: decades in the Texas House and the Texas Senate
- , eliminate property tax, go back to a sales tax.
- Members, this brings clarity and consistency to our property tax code by exempting essential farm inputs
- It holds a high speed rail project in Texas to Rep.
WA
Washington 2025-2026 Regular Session
Senate Housing Dec 5th, 2025
Transcript Highlights:
- Going from commercial to, in terms of the residential code versus the building code.
- building code and the residential code.
- Building code, that's right. Share it. in terms of the residential code versus the building code.
- codes.
- codes.
Summary:
The Senate Housing Committee heard a series of work-session presentations focused on transit-oriented development, commercial-to-residential redevelopment, building code implementation, housing market trends, and the Covenant Homeownership Program. The first presentation, from the Urban Institute, reviewed research on HB 1491 and TOD feasibility, arguing that Washington has made major progress but faces diverging conditions across transit areas. The presenter said rising construction costs, higher interest rates, and lower rents in some markets have made many projects less feasible, and recommended targeted infrastructure funding for lower-market communities, adjustments to MFTE and affordability requirements by local market conditions, more support for very low-income housing in high-market transit areas, minimum density standards near stations, expanded public land/joint development tools, and better tracking of TOD outcomes over time. Committee members asked about AMI calculations, immigration’s effect on construction labor, developer input, and whether a tracking mechanism had been removed from the bill.
The Department of Commerce then outlined implementation of HB 1491 and demonstrated the new Washington Zoning Atlas, which is live and intended to help visualize zoning, overlays, and station-area conditions. Commerce said local governments will designate station areas, update zoning and MFTE policies, and handle anti-displacement measures, with Vancouver and Spokane first to implement and Puget Sound following later. Staff described a timeline for updated MFTE guidance, station-area implementation guidance, a TOD model ordinance, and later rulemaking on variances. The committee also heard from the Lieutenant Governor’s office on a report about converting commercial properties to housing, which found substantial potential for redevelopment on vacant or underused commercial land, especially near transit, but noted barriers such as ground-floor retail mandates, affordability requirements, infrastructure costs, private covenants, and slow implementation. The office urged by-right residential use on commercial land and faster rollout of new housing laws.
The State Building Code Council updated the committee on its three-year code cycle and several legislatively directed actions, including minimum dwelling size, emergency shelters, and especially single-exit stairs and multiplex housing. Council staff said those code changes are nearing completion and will provide prescriptive solutions, while noting that elevator size and requirements were not changed and would require separate legislative direction if the committee wanted to revisit them. Members discussed the cost impacts of building and energy codes and the council said it is required to consider economic impacts and is increasingly looking at performance-based approaches. Later, the Washington Center for Real Estate Research presented its annual housing report, showing that higher mortgage rates have sharply reduced affordability, flattened house prices in many cities, and slowed single-family permitting and completions, while multifamily construction has recently cooled after a prior surge. Finally, the Washington State Housing Finance Commission reported strong first-year results for the Covenant Homeownership Program, which provides zero-interest down payment assistance to eligible first-time buyers with family ties to Washington before 1968; the program assisted 547 homebuyers in its first fiscal year, with more than $60 million loaned, and the agency said participation has continued to grow after income-limit changes enacted in 2025.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Wednesday, April 9, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- Stand up in defense of economic opportunity and a fair tax code that is designed to build an economy
- <05:03:18.240>
code economic opportunity and a fair tax code economic opportunity and a fair - Small businesses that rely on consistency in our tax code. We cannot fail them.
- <05:10:22.080>
We <05:10:22.320>cannot consistency in our tax code. - We cannot consistency in our tax code. We cannot fail<05:10:23.160>
them.
TX
Texas 89th 2nd C.S.
Pensions, Investments & Financial Services Mar 24th, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- The taxpayers with a general obligation tax or aforum tax.
- Their tax rate's 0.761405 out of 100, whereas the, the municipality I live in, Flower Mound, their tax
- In, uh, decreasing the tax rate and the UMC El Paso is about 8% of the El Paso, uh, tax dollar.
- finance code.
- Um, in Texas, about 530,000.
TX
Texas 89th 2nd C.S.
Senate Committee on Health and Human Services May 27th, 2026
Health & Human Services
Transcript Highlights:
- All of my costs are post-tax, everything I pay. My office is post-tax.
- and in rural Texas.
- One, you're tax-benefited. In other words, there's a tax deduction.
- The bill also requires that a contract specifically disclose that it is subject to Texas Insurance Code
- So the question is: will those contracts disclose the applicability of the Texas Insurance Code to those