Video & Transcript : 'tax' :

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NH

New Hampshire 2025 Regular Session

House Municipal and County Government (02/18/2025)

Municipal and County Government

Transcript Highlights:
  • Solving the issue is taxing the carbon tonnage as a yield tax under the existing Timber Tax RSA 79, and
  • Solving the issue is taxing the carbon tonnage as a yield tax under the existing Timber Tax RSA 79, and
  • Solving the issue is taxing the carbon tonnage as a yield tax under the existing Timber Tax RSA 79, and
  • Solving the issue is taxing the carbon tonnage as a yield tax under the existing Timber Tax RSA 79, and
  • </c> taxes you don't have to pay your taxes taxes you don't have to pay your taxes or<04:35:11.279><c
MA
Transcript Highlights:
  • Government mandates to dynamically remove fees, sales tax, and tips are technically impossible under
  • However, we should not be paying processing fees on sales tax or gratuity.
  • We collect the Commonwealth's meals tax. We don't keep it.
  • We collect the Commonwealth's meals tax. We don't keep it.
  • bill or interchange prohibition just on the tax portion of a transaction.
Summary: The Special Legislative Commission studying the future of credit card payments and their impacts on small businesses held what leaders described as its last public hearing, though they said the commission would continue meeting to develop a report and recommendations. Chair Paul Feeney and other members noted the issue is complex and that they had sought testimony from a wide range of stakeholders before moving into a more deliberative phase. The commission adjourned after hearing from several in-person and virtual witnesses. Banking and card-industry witnesses, including the Massachusetts Bankers Association, the Card Coalition, the Electronic Payments Coalition, and others, argued that payment cards provide major benefits to consumers and merchants, including convenience, fraud protection, fast settlement, and broad access to electronic commerce. They warned that state-level changes to interchange rules could create a patchwork of conflicting requirements, disrupt global payment systems, and especially affect state-chartered community banks and small businesses. Several also said recent federal actions and litigation, including OCC and NCUA preemption rules and the Illinois interchange-fee litigation, have limited the practical reach of state laws. Restaurant, retail, and convenience-store witnesses pushed for relief from swipe fees, saying independent businesses operate on thin margins and pay fees on amounts that are not really their revenue, such as sales tax and gratuities. They urged transparency, the ability to surcharge, vendor compensation for tax collection, and limits on interchange or related fees. Some witnesses said merchants bear significant fraud and chargeback costs and that banks and card networks have not offered enough direct relief. Commissioners asked questions about surcharging, fee regulation, fraud, and whether industry should share more of the burden. No votes or formal actions were taken beyond adjourning the hearing.
MN

Minnesota 2025-2026 Regular Session

House DFL Press Conference 3/4/26

Transcript Highlights:
  • We we want to look at all the in taxes.
  • on tips, no taxes on overtime.
  • tax bill was a phenomenal bill if you tax bill was a phenomenal bill if you are<00:18:25.080><c> extremely
  • the tax federal tax on election and then the tax federal tax on tips<00:18:36.400><c> goes</c><00:18:
  • </c> really benefited from that federal tax really benefited from that federal tax bill<00:18:58.800>
Summary: House DFL leaders held a press event outlining an affordability agenda focused on housing, child care, health care, groceries, energy, and taxes. Speakers argued that Minnesota families are being squeezed by rising costs and income inequality, and said the caucus would pursue policies aimed at lowering everyday expenses and shifting more costs onto corporations and wealthy residents. Representative Bierman said health care costs are pushing people to skip care and called for system reforms, including moving toward a more universal model and reducing the role of insurers and pharmacy benefit managers. Representative Kotiza-Wazhushk said the caucus is pushing for universal or low-cost child care, expanded pre-K and community-based care, and a bill to stop grocery surveillance price gouging. Representative Acomb and other energy leaders said the House DFL wants to lower utility bills through more energy assistance, weatherization, renewable energy support, limits on utility cost recovery for lobbying and executive pay, and stronger PUC authority to prevent shutoffs and limit rate increases. Representative Agbaje described housing as unaffordable for many renters and homeowners, cited a shortage of housing units, and said the caucus supports restricting private equity and corporate purchases of single-family homes. Leader Stevenson framed the agenda as a response to a budget picture that he said reflects gains for corporations and wealthy Minnesotans, and he criticized federal tax policy and Medicaid cuts. In response to questions about cost, he said several proposals would not require state spending, while others could be funded by looking at new revenue and at those who benefited most from recent tax changes. The event also included a detailed explanation of the grocery surveillance pricing proposal, which would restrict the use of personal data and AI to set individualized prices and limit rapid electronic shelf price changes. No votes were taken.
CA

California 2025-2026 Regular Session

Assembly Budget Committee Jan 20th, 2026

Transcript Highlights:
  • So this is not a new tax, but it is projected to increase tax compliance.
  • Secondly, we are creating a new tax credit.
  • One is a sustainable aviation fuel tax credit.
  • The large part of the increased revenues is from personal income taxes.
  • taxes, correct?
Summary: The Assembly Budget Committee opened its hearing on the Governor’s 2026-27 budget with remarks emphasizing the start of a months-long process, the need for fiscal responsibility, and concerns about structural deficits, federal funding losses, housing and homelessness, and oversight. The vice chair echoed those concerns, warning against budgets built on short-term fixes and urging accountability. The Department of Finance presented a balanced budget year proposal of about $349 billion in total expenditures, including $248 billion General Fund, while acknowledging a structural imbalance in the out years and proposing a workload budget with limited new spending or cuts. Finance said the budget relies on stronger-than-expected revenues, but also on constitutional obligations such as Proposition 98 and Proposition 2, and on suspending a rainy-day fund true-up deposit to cover a projected $2.9 billion budget-year deficit. The administration highlighted higher education funding, climate and wildfire resilience investments, a new ZEV incentive, added Health and Human Services costs tied to H.R. 1, child care funding, and three tax proposals: third-party delivery tax compliance, a sustainable aviation fuel tax credit, and an extension of the California Competes tax credit. The LAO, by contrast, warned that the budget is “precariously balanced,” cited downside risk from stock market-driven revenues, and urged the Legislature to use reserves, avoid suspending rainy-day deposits, and begin shrinking multi-year deficits sooner rather than later. Member questions focused on wildfire mitigation and insurance, transit and GGRF funding, federal cuts affecting CalFresh and Medi-Cal, the proposed tax credits, homelessness accountability language, and education funding. Several members pressed for earlier partnership on deficit solutions and for more scrutiny of budget choices. The committee also discussed declining enrollment in K-12, community colleges, and CSU, with concerns about whether funding formulas are aligned with actual student demand. No formal votes or final actions were taken in the hearing.
TX

Texas 89th Regular

Land & Resource Management Mar 27th, 2025

Land & Resource Management

Transcript Highlights:
  • But they would fall under tax exemption.
  • For starters, 501(c)(3) is an IRS designation that deals with income tax. Tax, not property tax.
  • The tax code says something different.
  • The affordable housing is being taxed, and the church is not and actually came onto the tax roll.
  • My house was paying $150,000 in taxes a year, and it doesn't pay any taxes now.
Bills: HB24 , HB2015 , HB2149 , HB2559 , HB2701 , HB2797 , HB3172 , HB24
AR

Arkansas 2026 Regular Session

SENATE CONVENES May 4th, 2026

Arkansas All Floor Meeting

Transcript Highlights:
  • , I don't know, ...further tax relief during this period.
  • To amend the individual income tax brackets and rates to a top tax rate of 3.7% effective January 1,
  • 2000. ...and rates to a top tax rate of 3.7% effective January 1, 2006, and following tax years.
  • To amend the income tax brackets and rates for domestic and foreign corporations to a top tax rate of
  • 4.1% effective January 1, 2007, and following tax years.
HI
Transcript Highlights:
  • That tax would be in addition to any other taxes.
  • </c> that's what's going to drive the taxes that's what's going to drive the taxes are<00:38:50.960><
  • tax.
  • excise tax.
  • :16.840><c> imposed</c> tax so this cannabis tax being imposed tax so this cannabis tax being imposed
Summary: The House Committees on Judiciary and Hawaiian Affairs and Agriculture and Food Systems heard testimony and began decision-making on HB 1246, which would establish the Hawaii Cannabis and Hemp Office within DCCA to regulate cannabis. Chair Tarnas described the bill as divisive and noted the hearing had received 95 testimonies in support, 135 in opposition, and 11 comments. Members were told the office would be administratively attached to DCCA, and the department emphasized it would not direct day-to-day operations. DCCA also raised concerns about banking access due to federal law, while the Department of Agriculture supported a one-plant, one-agency approach and noted its current authority over cannabis plant importation and movement. Several agencies and advocates supported the bill with cautions or requested amendments. The Department of Health said it appreciated the bill’s public health protections but remained concerned about increased adult-use access, youth mental health, pregnancy-related risks, and effects on developing brains; it requested a 12-month delayed effective date. The Attorney General’s office said legalization should include safeguards, recommended a longer implementation timeline and seed funding, and flagged issues in the bill involving impaired driving, open-container language, and penalties for under-21 possession. The Office of the Public Defender supported the bill but objected to new driving and possession offenses, saying existing law already covers impaired driving. Doctors for Drug Policy Reform supported the measure, citing regulation of intoxicating cannabinoids, testing, childproof packaging, and public education as public-health benefits. Opponents focused on youth access, public safety, and the bill’s broader social effects. The Honolulu Police Department opposed the bill over access and diversion concerns, and the City and County of Honolulu Prosecutor strongly opposed legalization, citing higher-potency cannabis, youth harms, psychiatric risks, and increased poison-center calls. The Hawaiʻi Substance Abuse Coalition argued legalization should wait until prevention programs are in place and funded first, while the Hawaiʻi Family Forum and Hawaiian Republican Women also opposed the measure, citing concerns about youth exposure, added bureaucracy, and taxpayer costs. The Tax Foundation of Hawaiʻi questioned the purpose of the proposed cannabis taxes, asking why cannabis should be taxed heavily if legalization is intended. The hearing continued with additional testimony after a brief audio issue for one testifier.
MN
Transcript Highlights:
  • </c> is to raise Henipin County's sales tax. is to raise Henipin County's sales tax.
  • </c> you're seeing uh a double-digit tax you're seeing uh a double-digit tax increase<00:09:40.080><c
  • I think we need to need to tax more.
  • </c> about the rising of our property taxes about the rising of our property taxes and<00:17:28.400><
  • </c><00:17:34.240><c> as</c> wouldn't need to have property taxes as wouldn't need to have property taxes
MO

Missouri 2026 Regular Session

Utilities Feb 25th, 2026

Utilities

Transcript Highlights:
  • The first one is the amount of tax liability as related to nameplate capacity, along with the tax designation
  • Who's paying the taxes on the leases? That's a question.
  • That is all of the taxes. They don't tax the land commercially and things like that.
  • So that's how the land is being taxed.
  • It would be taxed at agricultural rate.
Committee: House Utilities
Summary: The committee first took up House Committee Substitute for House Bills 21, 22, and 1626, which would combine the bills and add a clawback/refund provision for construction work in progress in base rates if costs were imprudently incurred or a project is not placed in service in a reasonable time. Supporters argued Missouri should remove its CWIP ban to stay competitive with neighboring states and attract utility investment, while opponents warned about unknown costs and timelines for ratepayers. The substitute was adopted, and the committee voted the combined bill do pass by 12 ayes and 7 noes. The committee then considered House Bill 2711, as amended by a substitute, dealing with broadband-related property tax treatment. The sponsor explained the substitute narrowed the bill to new installations, added a seven-year sunset, and aimed to clarify assessment issues. Supporters said the measure would help expand broadband infrastructure and improve service in underserved areas, while opponents argued the tax break should not apply to upgrades within existing service territories and questioned whether the bill truly expanded access. The committee adopted the substitute and voted the bill do pass by 12 ayes and 7 noes. The remainder of the hearing focused on House Bill 2762, a broad solar/wind/water measure. The sponsor described provisions setting a $2,500 per megawatt tax on solar nameplate capacity, creating more uniform assessment rules, establishing setbacks for solar facilities, limiting eminent domain use, and including smaller sections on water district dissolution and wind turbine lighting. Testimony was mixed: solar developers, Clean Grid Alliance, Renew Missouri, and Missouri Farm Bureau supported clearer rules, grandfathering, and setbacks they viewed as reasonable, while landowners and local residents raised concerns about property rights, transparency, runoff, glare, noise, and the impact of large solar projects on neighboring farms and homes. No final action on HB 2762 was taken in the portion provided, but the chair said a committee substitute would be developed to address the solar issues more comprehensively.
NM

New Mexico 2025 Regular Session

IC - Federal Funding Stabilization Subcommittee Jul 1st, 2025

Federal Funding Stabilization Subcommittee

Transcript Highlights:
  • give people that information to correctly file their taxes if they've received that tax credit.
  • a tax year.
  • So this federal reimbursement that we get for a tax credit that is just a reimbursable tax credit from
  • a regular refundable tax credit.
  • It tells me that last year's tax.
CA

California 2025-2026 Regular Session

Senate Budget and Fiscal Review Committee Feb 17th, 2026

Budget and Fiscal Review

Transcript Highlights:
  • That's for the local sales tax? Yes, I'm not, it is, that's what I'm referring to.
  • This sales tax measure increase, can you specify how much tax you are trying to raise and how much that
  • Will it be sufficient from existing tax and the tax increase, the tax plus ownership fares?
  • ...increased tax plus ownership fares. That will be my third question.
  • I'm sure there are sales taxes and the portion.
Summary: The Senate Budget and Fiscal Review Committee heard two measures: AB 107, a budget bill junior making largely technical changes to the 2023, 2024, and 2025 budget acts, and AB 117, a trailer bill authorizing a $590 million loan structure to support four Bay Area transit agencies through the Metropolitan Transportation Commission using unallocated Transit and Intercity Rail Capital Program funds. Finance explained AB 107 included technical fixes such as extending encumbrance periods, updating federal authority, correcting fiscal language, moving $20 million for California travel promotion from Visit California to GoBiz, and adding an APA exemption for implementation of already-approved climate bond programs. AB 117 was described as a cost-neutral regional solution with a 12-year loan term, two years interest-only, and repayment secured through existing state transit funding streams, with oversight by CalSTA, CTC, and MTC to limit impacts on other projects. Members raised concerns about transparency, competitive bidding, and whether APA exemptions and no-bid or emergency processes could reduce oversight, while supporters argued the exemptions were needed to get voter-approved climate and wildfire-related funds out the door. On AB 117, senators questioned whether the loan could become a de facto bailout if a Bay Area sales tax measure fails, whether post-pandemic ridership declines and safety/fare-evasion issues are temporary or structural, and whether the loan could jeopardize TIRCP-funded capital projects such as BART Phase 2. Transit agencies and local representatives testified in support, saying ridership is recovering, the loan is critical to avoid service cuts, and the Bay Area economy depends on transit stability. The committee first passed AB 107 on a 9-4 vote and AB 117 on a 9-4 vote, then held both bills on call. After recess, absent members returned and both measures were lifted from call and passed with 11 votes each. The committee then adjourned.
CA
Transcript Highlights:
  • That's for the local sales tax? Yes, I'm not, it is, that's what I'm referring to you.
  • That's for the local sales tax? Yes, I'm not, it is, that's what I'm referring to you.
  • This sales tax measure increase, can you specify how much tax you are trying to raise and how much that
  • Will it be sufficient from existing tax and the tax increase, the tax plus fare?
  • I'm sure there are sales taxes and the portion.
Summary: The Senate Budget Committee heard two bills: AB 107, a budget bill junior making largely technical changes to the 2023, 2024, and 2025 Budget Acts, and AB 117, a trailer bill authorizing a regional transit loan package for Bay Area agencies. Department of Finance staff said AB 107 contains no new state money or new policy items, but makes adjustments such as extending encumbrance periods, updating federal authority, moving $20 million in tourism promotion funding from Visit California to GoBiz, and adding an APA exemption for certain climate bond program guidelines. AB 117 would allow CalSTA to loan up to $590 million from unallocated Transit and Intercity Rail Capital Program funds to MTC, which would then lend to BART, Muni, Caltrain, and AC Transit; the loans would run 12 years with two years interest-only, and the state said the structure is intended to be cost-neutral and protected by repayment safeguards. Committee discussion focused heavily on transparency, oversight, and whether the transit loan could jeopardize future projects or become a de facto bailout if a Bay Area sales tax measure fails. Several senators questioned the need for the APA exemption in AB 107, arguing that emergency or existing public processes might provide better oversight, while supporters said the exemption was needed to get voter-approved climate bond funds out the door and that the language had already been agreed to in the budget process. On AB 117, senators raised concerns about declining ridership, fare evasion, safety, post-pandemic travel patterns, repayment sources, and the impact on other TIRCP projects such as BART Phase 2. Finance staff and transit representatives responded that ridership changes were driven by COVID-era shifts, labor and safety issues, and changing commute patterns, and that the loan would be secured against existing state transit assistance streams rather than general fund dollars. Public comment was largely supportive of both bills. Water, natural resources, and environmental groups backed the APA exemption in AB 107, saying it would speed implementation of Proposition 4 funding for water recycling, wildfire, coastal resilience, and related projects. Transit agencies and labor groups supported AB 117, saying the loan is needed to stabilize operations and preserve service while local revenue measures and efficiency efforts are pursued; San Francisco, Caltrain, BART, and AC Transit all testified in favor, though San Jose asked for stronger protections for previously approved TIRCP-funded projects. The committee first passed AB 107 and AB 117 on 8-4 and 9-4 votes, placed them on call, then later lifted the calls and both bills ultimately passed with 11 votes each and were sent out of committee.
WV
Transcript Highlights:
  • The next page: personal income tax reserve fund. The next page: personal income tax reserve fund.
  • Property tax is part in the school aid formula, increased $27 million.
  • Tax cuts out of that fund? We don’t have a plan.
  • So these grow a little bit at a 10% tax cut. Thank you. These grow a little bit at a 10% tax cut.
  • I know the governor has no appetite to increase taxes. He wants to decrease taxes.
Committee: Senate Finance
NM
Transcript Highlights:
  • and fuel taxes.
  • We should pass a gas tax.
  • 320 million in severance tax bonds.
  • tax and everything.
  • tax, special fuel tax, the weight distance tax, vehicle registration.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Revenue Jun 21st, 2026 at 01:00 pm

Joint Committee on Revenue

Transcript Highlights:
  • Article 99 of our constitution gives the legislature the power to tax agricultural land based on the
  • Only farms of five acres or more are eligible for this tax treatment.
  • And we must allow farmland to simply be taxed as farmland regardless of the acreage.
  • And we must allow farmland to simply be taxed as farmland regardless of the acreage.
  • rate, not the ag tax rate.
Summary: The Joint Committee on Revenue held its first hearing of the session, led by House Chair Adrian Madaro and Senate Chair James Eldridge. The committee explained the constitutional amendment process and the hearing procedures, then took testimony on four bills concerning proposed amendments to the Massachusetts Constitution, with the main focus on S. 11 and H. 71, which would amend Article 99 relating to agricultural and horticultural land taxation. Senator Jo Comerford, Rebecca Miller of the Massachusetts Food System Collaborative, and Representative Natalie Blay all testified in support of the bills. They argued that the current five-acre minimum for farmland tax treatment is outdated and harms farmers, especially new, urban, and smaller-scale farmers, by forcing some land to be taxed at higher commercial rates. Supporters said the change would help preserve farmland, strengthen the local food system, and address economic pressures on farms, including high land values, climate impacts, and an aging farm workforce. In response to a question about abuse or false claims, Comerford and Miller said existing certification processes under Chapter 61A and municipal review help verify active farming, and Miller noted the bill requires land to be in production for two years before receiving the rate. Committee members asked about the status of the 21st Century Farm Commission, and Comerford said a report was expected in the spring. After testimony concluded, the chairs asked whether anyone else wished to testify and then entertained a motion to adjourn, which was made and accepted.
MN

Minnesota 2025-2026 Regular Session

Committee on Environment, Climate and Legacy - 03/17/26

Environment, Climate, and Legacy

Transcript Highlights:
  • Um part of going to be paying taxes.
  • Well, and just keep in mind payment in lieu of taxes is PILT, and it comes from tax dollars.
  • So we're taking tax dollars to pay tax dollars. Keep that in mind.
  • </c> property tax equivalent on those acres. property tax equivalent on those acres.
  • </c> government is simply to raise the taxes. government is simply to raise the taxes.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Thursday, May 1, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • </c> income tax system, earned income tax income tax system, earned income tax credit,<03:33:13.359><
  • , investment tax, raising the corporate taxes, raising the state taxes.
  • But remember, when you don’t want tax hikes, I don’t want tax hikes. Borrowing is a tax hike.
  • We let the tax cuts expire. Taxes go up. Let me repeat: I'm against that. Taxes go up.
  • ><c> it</c><04:35:49.279><c> was,</c> the $50 tax or $20 tax, whatever it was, the $50 tax or $20 tax
Bills: HJR88 , HJR78
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Tuesday, March 17, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • I yield back. simply, this bill would tax those loans simply, this bill would tax those loans and<02:
  • </c> number to get a job and for tax number to get a job and for tax purposes.<02:45:04.399><c> End</
  • That’s a tax on every American.
  • That’s a tax on every American.
  • That's a tax on every American. tariffs. That's a tax on every American.
Bills: HR1115 , SB3971 , HB4294
CO

Colorado 2026 Regular Session

Colorado House 2026 Legislative Day 086 Part 1fix Apr 10th, 2026

Colorado House Floor Meeting

Transcript Highlights:
  • It's now a general tax It's now a tax.
  • um</c><01:37:11.600><c> sales</c> uh sales tax um property tax um sales uh sales tax um property tax
  • It is a tax increase. It is always a tax increase.
  • It is a tax increase. It is always a tax increase.
  • It is a tax increase. It is always a tax increase.
KY
Transcript Highlights:
  • </c> enacted a 0.5% occupational license tax. enacted a 0.5% occupational license tax.
  • Tax increases are serious and require community buy-in.
  • Tax increases are serious and require community buy-in.
  • Tax increases are serious and require community buy-in.
  • Thank you. the occupational license tax above the the occupational license tax above the base<00:28:40.399
Summary: The committee met without a quorum at first, so it began with an informational presentation from Dr. Kristen Goodell, executive director of LifeKY, about innovation infrastructure and a proposed grant program to support life sciences and other startup facilities. She argued that Kentucky’s research investments only translate into jobs and companies if startups have access to physical lab and equipment space, and said shared facilities can serve many companies over time. Goodell described LifeKY’s Northern Kentucky facility as a proof of concept, noting it has attracted companies from other states and Japan, secured a Thermo Fisher Scientific partnership, and could be replicated elsewhere in the Commonwealth. Members asked about university pipelines, local talent development, sustainability, and how the grant program would measure return on investment; Goodell emphasized public-private partnerships, earned revenue, philanthropy, internships, and STEM programming as part of the model. The committee then took up Senate Bill 76, sponsored by Senator Bledsoe, which would limit school board occupational license tax increases by raising the population threshold for such increases from 300,000 to 500,000. Bledsoe said the bill was intended to respond to Fayette County’s recent tax controversy, restore public trust, and provide stability for employees, employers, and the school system. He argued that occupational taxes affect many commuters who work in Fayette County but live elsewhere, and said the measure would give time for community buy-in before any future increase. Supportive comments came from Senator Nunn and others, while Senator Boswell asked about the tax rate and cautioned against local tax increases offsetting state income tax reductions. After discussion, the committee called the roll on SB 76. The bill advanced on a roll-call vote, with Senator Armstrong explaining a no vote because he did not want to take tools away from local government and preferred local control. The transcript indicates the measure moved forward from committee after the vote.