Video & Transcript Research : 'Tax Code'

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MO

Missouri 2026 Regular Session

Ways and Means Jan 12th, 2026

Ways and Means

Transcript Highlights:
  • under sales tax or use tax.
  • Farm machinery is not taxed. Livestock is not taxed. Numismatics are not taxed.
  • tax.
  • property tax, and then we have sales taxes.
  • Those all come from sales tax and property tax.
Keywords: 959, house, all
WA

Washington 2025-2026 Regular Session

Statute Law Committee Jun 17th, 2026

Statute Law Committee

Transcript Highlights:
  • When each code reviser is done with their review, they also will provide their findings to another code
  • When each code reviser is done with their review, they also will provide their findings to another code
  • and the administrative code.
  • I try to stay away from tax policy, although Senator Peterson likes tax policy lately. Okay.
  • the Office of the Code Reviser.
Summary: The Statute Law Committee meeting began with introductions of new staff, approval of the December 10 minutes, and election of Kyle Shiketty as vice chair by acclamation. The committee also approved a step increase for Code Reviser Kathy Buckley, with members praising her work and noting she had reached the top step. Max Weeks reported on publications: session laws had been published online and physical copies were nearing completion, while RCWs were expected online by the end of the next month with print copies following about a month later. The committee discussed print runs, free distribution to libraries and courts, and rising shipping costs, with a plan to charge actual shipping rates rather than the prior flat fee. Kathy Buckley also reviewed the office’s financial condition, reporting healthy balances in the publications account and general fund and expecting a year-end return of about $600,000. Alice reported on the annual multiple-amendment review process, explaining how the office merges nonconflicting amendments and flags possible items for a future technical corrections bill. The committee adopted the multiple amendments table and discussed plans to prepare a technical corrections bill for the fall and likely the 2027 session. The committee then heard a presentation from Kevin and Judge Anne Levinson on improving RCW disposition tables by adding hyperlinks to repealed session laws and chapter-level cross-reference notes to help readers trace recodified or replaced laws, especially in areas like protection orders and unclaimed property. In other business, the committee discussed clarifying statutory references that sometimes use “Statute Law Committee” when “Office of the Code Reviser” is intended, and agreed to review the statutes for possible cleanup legislation. Members also received an update on the office’s upcoming move to a new building in September, with an open house planned for September 24. The meeting adjourned without setting the next meeting date.
ND

North Dakota 2026 1st Special Session

Energy Development and Transmission Committee Jun 2nd, 2026 at 09:00 am

Energy Development and Transmission Committee

Transcript Highlights:
  • That's all laid out in Century Code as well as administrative code.
  • So 5% of every single barrel that's produced is production tax and another 5% extraction tax.
  • That contributed to over $30 billion in tax revenue to pay for roads, schools, property tax relief, and
  • We've partnered with the Office of the State Tax Commissioner to do a study looking at potential tax
  • Just for your information, our tax reform and relief committee is dealing with data center sales tax
Keywords: 908, all
PA

Pennsylvania 2025-2026 Regular Session

Senate Session (Jul 12 2026)

Pennsylvania Senate Floor Meeting

Transcript Highlights:
  • They chose April, the busiest time for tax receipts.
  • No new tax hikes.
  • No new taxes on goods or services or income, energy taxes off the table.
  • Child care tax credit, property tax relief, property tax rent rebate, Working Pennsylvanians tax credit
  • When we get to the fiscal code, Mr.
Summary: The Senate opened with prayer, the Pledge of Allegiance, communications, committee reports, and leaves of absence. The journal was approved 50-0. The chamber then took up House Bill 1505, which drew extended debate over school funding and adequacy/tax equity. Senators Coleman and Keefer argued the bill continued to pour money into districts like Allentown without accountability or improved results, while Senators Costa, Miller, Haywood, and Anthony Williams defended the funding as a response to historic underfunding and the Commonwealth Court decision. A motion allowing Senator Coleman a third speaking turn was adopted 27-23, and the bill ultimately passed 45-5. The Senate then considered House Bill 2400, the General Appropriation Act. Supporters, including Senators Martin, Dush, Phillips-Hill, Costa, Ward, Street, Hughes, and Pittman, emphasized that the budget was balanced without using the rainy day fund or raising taxes, reduced the governor’s proposal, increased education and child care funding, supported nursing homes, rape crisis centers, infrastructure, and workforce programs, and shifted money from lapsed or unused accounts to current priorities. Opponents, including Senators Saval and Muth, said the budget failed to address structural deficits and omitted new revenue options, emergency services funding, and other major issues. The bill passed 44-6 with amendments and was returned to the House for concurrence. The Senate also passed a series of other bills, including House Bills 2412, 2413, 96, 858, 1042, 1286, 1646, 1851, 1862, 2017, 2024, 2401, and 2559, with varying margins, and sent them to the House, some with amendments. House Bill 1042 drew a negative recommendation from Senator Costa over a late amendment involving second-degree murder/felony language, but after reconsideration and vote changes it passed 30-20 with amendments. House Bill 1862, creating an Ignition Interlock Driver’s License, passed 45-5 after support from Senator Judy Ward. House Bill 1248 passed 43-7 and designates Pennsylvania rye whiskey as the official state spirit, with Senators Bartolotta and Robinson speaking in support. The chamber also adopted Senate Resolution 216, after defeating Senator Haywood’s amendment to narrow the scope of a proposed Legislative Budget and Finance Committee study of managed care organizations; the resolution passed 31-19. Several other bills were held over in their order, and the Senate later moved toward a condolence resolution.
ND
Transcript Highlights:
  • So this is a dollar-for-dollar credit against their tax liability.
  • We did have a question with the Tax Department.
  • It wasn't a tax credit.
  • He then noted that there is another tax credit—the Endowment Fund tax credit—which includes language
  • How's the tax department on that? Chair Rummel, that works for us.
Keywords: 908, all
Summary: The conference committee discussed a child care tax credit bill and focused mainly on narrowing the eligibility language. Members agreed to remove a proposed 10-mile limitation tied to the state line at first, then revisited the issue after concerns from the Tax Department and Legislative Council about remote workers, border communities, and out-of-state daycare use. Testimony from the Greater North Dakota Chamber supported the credit as a more flexible version of a prior grant program, while committee members debated whether the credit should apply only to North Dakota residents, employees working in North Dakota, or child care providers located in North Dakota or border cities. After extended discussion, the committee settled on keeping the 10-mile language and striking the resident requirement from the definition of “qualified employee,” with the intent of better capturing border-area workers while avoiding broader unintended coverage. Members noted the bill is aimed at workforce and child care access, especially in Fargo, Grand Forks, and other border areas, and acknowledged that the language may still need adjustment in the future. The Tax Department and Legislative Council indicated the revised language would be workable. Representative Foss moved the final amendment to the conference committee report, Senator Powers seconded, and the motion passed on a roll call vote with all members voting yes: Chairman Rummel, Senator Marseille, Senator Powers, Representative Doctor, Representative Foss, and Representative Anderson. The committee then adjourned, with House and Senate members designated to carry the report forward.
MS

Mississippi 2026 Regular Session

MS Senate Floor - 11 March, 2026; 10:00 AM

Mississippi Senate Floor Meeting

Transcript Highlights:
  • <00:15:57.320> would tax that the tax assessor would tax that the tax assessor would basically
  • parts of code into one section of code. parts of code into one section of code.
  • It is in existing code. section. It is in existing code.
  • All the code sections that are brought forth at the very end about municipal sales tax and all kinds
  • on the general contractor tax. on the general contractor tax.
Summary: The Senate convened with a quorum, opened with an invocation by Reverend Anthony Phillips, and dispensed with the reading of the journal and committee reports. The chamber also recognized several guests in the galleries, including family members of senators, medical professionals for Early Childhood Day, and advocates and local officials. After introductions, the Senate moved into the calendar and began considering bills and motions. Among the measures taken up, the Senate passed House Bill 1393 to create the Mississippi Energy Infrastructure Fund, with the sponsor explaining it would allow MDA to support energy projects and require compliance with state procurement laws. The Senate also passed House Bill 420, which provides a full homestead ad valorem tax exemption for honorably discharged veterans age 85 or older and allows an unremarried surviving spouse to keep the exemption; senators asked about eligibility, age limits, and safeguards against improper exemptions. Another bill passed was House Bill 1941 on the Mississippi Outdoor Stewardship Trust Fund, which would allow funding through bonds or other means in addition to direct appropriation and raise the DFA processing cap from 2% to 3%; several senators raised concerns about state debt and the funding mechanism. The Senate concurred in Senate Bill 2906, which gives the Secretary of State additional time to establish minimum cybersecurity standards for county election systems. It also adopted motions to table reconsideration on several House bills, including House Bill 908 on absentee ballot receipt dates, House Bill 525 on mandatory minimum penalties for sexual battery, and House Bill 538 on sanctuary policies and immigration enforcement. The chamber voted to reconsider and then again pass House Bill 1613, described as a bill on aggravated trafficking weight and pill counts that also included a chemical abortion ban, after some senators who were absent earlier asked to go on record. For House Bill 2409, dealing with a comprehensive mitigation program for retrofitting insurable homes, the Senate voted not to concur and invited conference. The Senate also passed and retained numerous other items as it worked through the calendar.
FL

Florida 2026 4th Special Session

February 12, 2026 - 09:15 AM

Transcript Highlights:
  • There is an amendment that's bar code number 941, Chair: 889.
  • And I do see an Amendment Chairman: bar code number 718509.
  • And in a time when we are trying to cut taxes, when we're trying to reduce or eliminate property taxes
  • a lobbyist and to come up and lobby an issue to raise more taxes.
  • But I don't believe we should be taxing our citizens to use to lobby.
NM

New Mexico 2025 Regular Session

House - Appropriations and Finance Jan 24th, 2025

House Appropriations & Finance

Transcript Highlights:
  • Into each of the different program codes.
  • So, program support, the P code is 526.
  • Now, moving to the last program code, let's go to page 11. This is Program Code 709.
  • If you'd like, I can go P code by P code, but those are the big differences.
  • I can go P code by P code, but it sounds like you're good.
DE

Delaware 2025-2026 Regular Session

Senate Legislative Session - Session 2 - 39th Legislative Day Jun 23rd, 2026

Delaware Senate Floor Meeting

Transcript Highlights:
  • So I will, you know, just be straightforward to agree in code.
  • The legislation also updates the code to include these terms.
  • An act to amend Title 29 of the Delaware Code relating to electric vehicles.
  • relating to the realty transfer tax.
  • relating to the realty transfer tax.
Summary: The Senate received House communications listing numerous House-passed bills, substitutes, amendments, and concurrent resolutions, and then took up committee reports and a consent calendar. Consent Calendar 65 passed unanimously with 20 yes votes and included Senate Resolution 26 recognizing Black Women’s Equal Pay Day, House Concurrent Resolution 131 on apprenticeship programs for school-based mental health professionals, House Concurrent Resolution 137 on mathematics instruction review, and House Concurrent Resolution 148 on a statewide menopause education strategy. Later, Consent Agenda N also passed with the required two-thirds vote and included a large group of bills on evidence and witnesses, Family Court jurisdiction, theft by impersonation, realty transfer tax, auto insurance practices, child services and educational services, STD prevention, agricultural and forestry matters, menstrual disorder materials, a Smyrna charter change, massage/body work, dry needling, and lead poisoning screening. Several substantive bills were debated and passed. Senate Substitute 1 for Senate Bill 314, modernizing Delaware’s rape shield law and clarifying how courts handle evidence of prior false sexual assault allegations, passed 21-0. Senate Bill 347, a cleanup bill to the Medical Debt Protection Act that expands prohibited collection actions and requires disclosure when a collector is a large health care facility, also passed 21-0. House Bill 300, creating a statewide Title IX coordinator in the Department of Education to support compliance and data collection for interscholastic athletics, passed after debate; Senate Amendment 1 to the bill, which would have required athletes to compete according to biological sex, was defeated 6-14 with one absent, and the underlying bill then passed 20-0 with one absent. The Senate also passed House Substitute 1 for House Bill 84, which limits mandatory employee attendance at meetings where employers convey political or religious views, after questions about employer, union, and exemption coverage; House Substitute 1 for House Bill 301, which clarifies criminal penalties for violence, threats, and intimidation at polling places and election-related sites, passed after discussion of what conduct it would cover; House Bill 63, addressing fireworks disclosures and related regulation, passed 19-2 after senators discussed enforcement and impacts on veterans, children, and pets; and House Bill 348, updating the electric vehicle rebate program to give DENREC more flexibility and expand eligibility, passed 16-5. The chamber then recessed until the next day.
ND

North Dakota 2026 1st Special Session

Advanced Nuclear Energy Committee Jun 16th, 2026 at 10:00 am

Advanced Nuclear Energy Committee

Transcript Highlights:
  • Under North Dakota Century Code 61-04 and Administrative Code 89-03, it directs how the DWR is to administer
  • Like I said, Century Code lays out, Process.
  • So the recommendation here is to review these specific tax codes and either remain silent or be explicit
  • The other elements of the tax code can wait.
  • Nobody's been able to remove those tax credits.
Keywords: 908, all
TX

Texas 89th Regular

Appropriations Feb 19th, 2025 at 08:00 am

Appropriations

Transcript Highlights:
  • The gray is property taxes, and you'll see three versions of gray.
  • Also, you have districts in the state that have zero INS tax rates.
  • some of those property taxes to the comptroller.
  • And do private schools follow the Texas Education Code?
  • I can't remember if it's in the family code or the education code, but there are laws that apply to private
Summary: The meeting covered various topics, but specific discussions and bills were not detailed in the available transcript. Despite the lack of documented debates or acknowledgments, it was noted that committee members were present, and there may have been attempts to address crucial legislative matters. The dynamics of the meeting suggested a standard procedural gathering where routine insights were likely shared among the attendees.
MS

Mississippi 2026 Regular Session

MS Senate Floor - 1 April, 2026; 10:00 AM

Mississippi Senate Floor Meeting

Transcript Highlights:
  • Are they subject to the tax?
  • If we pass this, is she going to be subject to that tax if she doesn't have subject to that tax if she
  • and paying the tax to DOR.
  • as far as taxes as far as taxes and<00:45:26.200> driving<00:45:26.560> down<00:45
  • Weeks depending on code section.
MN

Minnesota 2025 1st Special Session

Senate Floor Session - 02/27/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • Members, Senate File 571 deals with the Uniform Trust Code and the Uniform Probate Code, which I know
  • of related changes to the probate code.
  • <00:19:46.880> the elements of the revised trust code the elements of the revised trust code
  • , powers of appointment, and the Uniform Probate Code.
  • Senator Miller votes aye. uniform probate code third uniform probate code third reading<00:21:28.600>
Keywords: 1187, senate, all
NM

New Mexico 2025 Regular Session

Senate Chamber Mar 20th, 2025

New Mexico Senate Floor Meeting

Transcript Highlights:
  • Here are the tax package breakdowns: the foster parent and guardian tax credit, which recognizes the
  • So, I really appreciate the tax committee's hard work on the tax bill, and this item in particular I
  • I really appreciate the tax committee's work on this again.
  • Thank the Chair of the tax committee for this tax package, and I want to thank the professionals sitting
  • behind her, Izzy and Jennifer, and also the Tax and Revenue Department.
NY

New York 2025-2026 Regular Session

Senate Standing Committee on Housing, Construction and Community Development - 01/27/2026

Housing, Construction, and Community Development

Transcript Highlights:
  • I think if we could tax and spend and regulate our way to affordable housing, we'd be the most affordable
  • Senator Clear: An act to amend the Emergency Tenant Protection Act of 1974 and the Administrative Code
  • the Real Property Tax Law in relation to notice regarding the rent increase exemption for low-income
  • the Real Property Tax Law in relation to notice regarding the rent increase exemption for low-income
  • Bill number 2534 by Senator Sanders: An act to amend the Administrative Code of the City of New York
Keywords: 993, senate, all
Summary: The Senate Standing Committee on Housing, Construction and Community Development met to open the 2006 session and discussed the governor’s executive budget, housing affordability, housing supply, and barriers to construction. Chair Brian Kavanaugh emphasized efforts to lower barriers to building housing and expand rental assistance and SCRIE/DRIE-related eligibility, while Ranking Member Jack Martins called for rolling back regulations that impede housing production. Senator Helming stressed that, especially in upstate New York, lack of electrical capacity is a major obstacle to new housing and urged attention to utility infrastructure; the chair responded that the budget includes a $3.75 billion proposal for water and sewer capacity and noted that electrical transmission and generation issues fall outside the committee’s direct jurisdiction. The committee also noted a joint Senate-Assembly budget hearing on housing scheduled for February 25. The committee then took up a 10-bill agenda, largely consisting of measures previously reported by the committee and many of which had passed the Senate in prior sessions. Bills addressed tenant registration statements for LLCs (S.119), leasing to business and other entities (S.240), notice requirements for SCRIE/DRIE rent increase exemptions (S.561), housing production reporting to the Department of State (S.919A), creation of a New York Main Street Development Center (S.1851), retroactive benefit calculations for SCRIE/DRIE (S.2534), a common application and web portal for housing funding and incentives (S.2707), tenant access to complete rent histories (S.3569), continuation of SCRIE benefits after temporary income increases (S.4252), and eligibility requirements for disability rent increase exemptions (S.6510). Several members raised questions or comments on specific bills, including the absence of an Assembly sponsor on S.2707 and the need for technical alignment with Assembly versions. All ten bills were reported out of committee, with some advanced to the floor and others to the Finance Committee. Senator Walchick voted in the negative on several measures, while Senators Helming and Martins occasionally voted “without recommendation” on selected bills. No bill was defeated, and the meeting adjourned with notice that another housing committee meeting was expected the following week.
HI

Hawaii 2025 Regular Session

JDC Public Hearing 01-30-2025

Judiciary

Transcript Highlights:
  • our own and craft our own wealth tax code.
  • our own and craft our own wealth tax code.
  • our own and craft our own wealth tax code.
  • our own and craft our own wealth tax code.
  • <00:38:27.599> just own wealth tax code um we couldn't just own wealth tax code um we couldn't
Keywords: 912, senate, all
Summary: The Judiciary Committee heard several bills on January 30. SB 286 and SB 287 both concerned supplemental funding for the Honolulu Department of the Prosecuting Attorney: SB 286 for the career criminal prosecution unit and SB 287 for the victim witness assistance program. Testimony from the department explained that these bills are filed each year because the Attorney General’s core budget allocation may not be sufficient, though the department said the core had recently been increased and the supplemental request might no longer be necessary. For SB 287, the department also warned of a possible federal Victims of Crime Act funding freeze that could cut about $1.88 million and severely harm victim services. Both bills drew support from county and community witnesses, and members asked about prior-year funding and why the requests were limited to fiscal 2025-26; no votes were taken in the excerpt. SB 289, from the State Ethics Commission, would create a more uniform administrative fine process under the ethics code and lobbyist law. The commission said the measure would not change substantive enforcement but would let it issue a notice and order of fine first, with the respondent able to request a hearing within 20 days, which would speed up cases that are not factually disputed. Members questioned whether the bill would deny due process or function like an automatic parking ticket, and the commission responded that respondents could still challenge the fine and that the process would apply to violations with fines under $1,000. The committee also heard SB 304, which would add 11 positions for the First Circuit Adult Client Services Branch; Judiciary testimony said probation caseloads are high, with an average of 116 cases per officer, and the added staff would help meet national supervision standards and better serve higher-risk clients. Members asked whether the positions were already in the budget and about current staffing ratios; the witness said the positions were not already funded and that the Judiciary supported the bill with amendments. The committee then heard SB 311, a proposed constitutional amendment to exclude spending money to influence elections from protected free speech. Testimony was strongly divided: supporters argued that Citizens United has distorted elections and empowered special interests, while opponents warned the language was too broad and could affect nonprofit advocacy and grassroots groups. Finally, SB 313 would impose a 1% wealth asset tax on individuals with $20 million or more in assets. The Department of Taxation said it had concerns about the bill’s ambiguity and administration and noted it would require annual valuation and likely additional resources; opponents, including family business representatives and the Tax Foundation of Hawaii, argued the tax would be difficult and costly to administer, would require sensitive business disclosures, and could force family businesses to pay from company cash. Supporters said wealthy residents should pay a fair share. The committee heard testimony and questions on these bills, but the excerpt does not show final committee votes or actions.
WV

West Virginia 2026 Regular Session

Senate in Session Mar 12th, 2026 at 11:34 am

West Virginia Senate Floor Meeting

Transcript Highlights:
  • Isn't that current code?
  • Isn't that current code?
  • President, I urge passage of this bill updating our tax code. Questions on passage of the bill?
  • This bill would amend provisions of the West Virginia Code relating to the Neighborhood Investment Tax
  • It changes the threshold at which the tax is reduced and changes the date by which the tax commissioner
Keywords: 994, senate, all
Summary: The Senate met on March 11, 2026, with prayer, the Pledge of Allegiance, journal approval, and numerous guest and page introductions, including school groups, prayer caucus visitors, and advocates for Home Family Education Day and Women in Blue Day. The chamber then took up committee reports and a large number of House bills, most of them on third reading, along with several resolutions and referrals. Senate Resolution 62, designating March 12, 2026, as West Virginia Athletic Trainers Day, was adopted after remarks emphasizing the value of athletic trainers in preventing injuries and tragedies in school sports. Several other resolutions and concurrent resolutions were referred to the Committee on Rules or laid over under the rules. The Senate passed a wide range of bills addressing economic development, public safety, health, licensing, and state administration. Measures approved included bills on the West Virginia Collaboratory at Marshall University, the Business Ready Sites program, volunteer fire company spending authority, the Load Forecast Accountability Act, funeral service licensure, work zone fines, biennial business reporting, correctional officer retirement law, the Right to Try Act, quick claim deed tax exemptions, an ibogaine drug-development grant program, aggravated vehicular homicide sentencing, 529 savings plan definitions, opportunity zones, barber apprenticeship, municipal and county hotel occupancy fund uses, criminal-record licensing standards, intimate image disclosure remedies, executor training materials, contempt penalties, PEIA treatment flexibility, PANS/PANDAS information, the Respiratory Care Interstate Compact, capitation rate review expansions, convention and visitors bureau board membership, peer support services, cosmetology licensure compacts, natural resource police retirement, DNR fee indexing, ALS care services, the Neighborhood Investment Program, oil and gas well plugging and carbon capture-related provisions, DUI technical changes, abuse intervention program terminology, and a youth summer employment and career readiness program. Most bills passed overwhelmingly, with a few closer votes, including the Load Forecast Accountability Act and the DNR fee-indexing bill. Several bills were amended on the floor, including title amendments and strike-and-insert changes. The Senate also debated the work zone penalty bill, with supporters citing worker safety and fatalities and opponents arguing the bill increased fines too much without requiring removal of outdated work-zone signs. On the energy-related load forecast bill, senators discussed the inclusion of provisions from Senate Bill 420 and concerns about coal plant utilization and utility impacts. After debate, the Senate adopted amendments and passed the bill. In most cases, after passage the Senate ordered the bills communicated to the House, and for a few measures it also adopted title amendments or made bills effective from passage or on a specified date.
DE
Transcript Highlights:
  • An act to amend Title 21 of the Delaware Code.
  • Senate Bill 287 is a DENREC cleanup bill for Delaware's recycling code.
  • Next to amend Title 30 of the Delaware Code relating to business, tax credits, and deductions.
  • Back to amend Title 30 of the Delaware Code relating to business, tax credits, and deductions.
  • An act to amend Title 20 of the Delaware Code relating to first responders.
Keywords: 1064, all
DE
Transcript Highlights:
  • It simply reduces the tax burden on income that has already been reported and taxed.
  • It simply reduces the tax burden on income that has already been reported and taxed.
  • 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
  • after all state taxes in Delaware, they have $7,050 with no sales tax.
Summary: The House Revenue and Finance Committee met to consider two tax-related measures sponsored by Representative Holofsky. The first was House Substitute 1 for House Bill 386, the Tipped Worker Tax Relief Act of 2026, which would allow a temporary Delaware income tax deduction of up to $15,000 for qualified tips for tax years 2027 through 2029, with phaseouts at higher incomes and a refundable credit for lower-income workers. Committee discussion focused on whether the bill applied to residents and non-residents, whether credit-card tips were included, the need for an updated substitute, and the expected fiscal impact. The Office of the Comptroller General said the bill would likely reduce general revenue and that the fiscal note had not yet been fully reviewed, while Deputy Secretary Goldsmith said the Department of Finance could administer it and that implementation costs would be modest. After public comment, the committee voted on a motion to release the bill, but it did not receive enough votes, so the chair said she would walk it for additional signatures. The committee then heard 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. Representative Holofsky argued the measure would help attract and retain military retirees, support the economy, and provide a strong return on investment through spending, taxes, and community participation. Members raised concerns about whether the benefit should be income-based, with one member arguing that higher-income retirees may not need the tax break, while supporters emphasized the multiplier effect and the value of veterans to the state. Public testimony from Veterans of Foreign Wars representatives strongly supported the bill and described how the exemption could influence retirement decisions and local economic activity. 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.
TX

Texas 89th 2nd C.S.

89th Legislative Session Mar 14th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • Adverarium taxes imposed as a result of change due to a certain land.
  • State and local taxes, including school district maintenance and operation ad Varium taxes, the enactment
  • of the state and local value added taxes and the related school finance reform imposing taxes in front
  • taxes and related school finance reform imposing taxes refer to the Committee on Ways and Means.
  • the year in which a disaster occurs to adopt an adviarum tax rate that exceeds the voter approval tax