Video & Transcript Research : 'tax code'

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MS

Mississippi 2026 Regular Session

MS Senate Floor - 31 March, 2026; 10:00 AM

Mississippi Senate Floor Meeting

Transcript Highlights:
  • <00:57:26.760> assessor and the Oktibbeha County tax assessor and the Oktibbeha County tax
  • already an existing crime in the code. already an existing crime in the code. >> Mhm.
  • placement of that new crime in the code placement of that new crime in the code and<02:22:12.400
  • , or into the code rather. neglect.
  • <02:44:42.680> that whole different set of the code that whole different set of the code that
Summary: The Senate convened with a quorum present, received an invocation from Dr. Reginald Anderson, and recited the pledge of allegiance. The journal and committee reports were dispensed with by voice vote. Early in the meeting, senators also introduced guests, including Dr. Adrian Gilliam Pierre as doctor of the day and several school groups and community visitors in the galleries. A major portion of the session was devoted to recognizing student athletes and coaches through commendation resolutions. The Senate honored the Northside High School Gators boys basketball team for winning its first Class 2A state championship, the Morton High School Panthers boys basketball team for winning the 2025 Class 4A title, East Rankin Academy teams for multiple championships, Simpson County Academy’s boys cross country team and Lily Overby, Brookhaven Academy’s fast-pitch softball team, and several other schools and programs. The chamber also recognized Mississippi artist Castro Coleman (Mr. Sipp) for his music contributions, and later introduced the Meridian High School Choir, Brookhaven Academy fifth graders, and David Hoke, who has delivered Bibles to all 50 state legislatures. The Senate then took up nominations and approved three by advise-and-consent: Kent Gerard Nico to the Mississippi Hospital Equipment and Facilities Authority, Marcus Jones Martin to the State Tax Appeals Board, and Keith Allen Williams Jr. to the Mississippi Business Finance Corporation. After that, Senator Kirby moved to suspend the rules and take up a large block of commending resolutions, which the Senate agreed to consider together. The block included numerous resolutions honoring schools, athletes, educators, and community figures, and the Senate agreed to proceed to final passage by roll call with no objection noted.
CA

California 2025-2026 Regular Session

Assembly Elections Committee Apr 30th, 2025

Elections

Transcript Highlights:
  • AB 930 updates the California's elections code to reflect how people actually vote today, especially
  • AB 930 updates and aligns election code with modern election processes and procedures.
  • You can submit tax returns to the state and federal government.
  • tax rate, revenue, and duration, all with a strict 75 board limit.
  • This is about raising taxes.
Keywords: 988, house, all
CA
Transcript Highlights:
  • Existing property tax law already provides that the property tax base-year value of real property that
  • The current tax credit is set to expire in 2027, and this bill will extend the tax credit for another
  • They have paid taxes a year after they are due. Wasteful spending on low-yield tax collection.
  • They have paid taxes a year after they are due. Desk, computer, they have paid taxes.
  • A year after they have to keep on the reporting and keep on paying the tax upon the tax already that
Summary: The Assembly Revenue and Taxation Committee met after several delays while waiting for the Senate to finish its floor session, and the chair announced the committee would begin once a quorum was established. The committee then heard a series of tax-related bills, with most measures being held for suspense except SB 87, which was voted out. The chair also welcomed newly appointed committee member Assembly Member Juan Carrillo. SB 359 would clarify that county-run transit systems qualify for existing sales and use tax exemptions on transit fuels such as diesel and compressed natural gas. Senator Nilo and Placer County testified that the bill would correct an inequity affecting counties operating their own transit services, especially rural counties, and would not create a new state revenue loss because the tax had not been consistently collected. Support came from the California Transit Association and the California State Association of Counties; the bill was sent to suspense. SB 603 would allow county boards of supervisors in disaster-affected counties to extend by up to three years the five-year deadline for transferring a property tax base-year value to replacement property. The author and supporters, including the California Assessors Association and the California Association of Realtors, said the measure would give local governments flexibility to address post-disaster rebuilding delays. SB 293 would extend the deadline for filing intergenerational property transfer claims from six months to three years for disaster-impacted homeowners, with testimony focused on helping families in Altadena and preserving generational homes after the Eaton Fire; the committee discussed possible refinements and the bill was held in suspense. SB 353 would extend the farm-to-food-bank tax credit through 2032, with support emphasizing food security, waste reduction, and the program’s documented results; it too was sent to suspense. SB 723 would raise the threshold for property tax exemptions on low-value properties, with the author arguing it would reduce administrative costs and ease burdens on small businesses, and the committee asked for technical work before the bill was held in suspense. SB 785 would create a $5,000 tax credit for durable medical equipment used by children with complex medical conditions, with supporters saying it could prevent hospitalizations and help families keep medically fragile children at home; it was also sent to suspense. SB 87, which would extend the sales tax exemption for volunteer fire department fundraising activities for five more years, passed the committee on a 5-0 vote and was sent to the Assembly Appropriations Committee.
NH

New Hampshire 2025 Regular Session

Senate Commerce (04/01/2025)

Commerce

Transcript Highlights:
  • HP2300 we adopt the federal food code HP2300 we adopt the federal food code and<00:23:17.919> the<
  • <00:29:57.919> But and meals tax? Uh, I don't know. But and meals tax? Uh, I don't know.
  • container that can be sold without tax. container that can be sold without tax.
  • Erica mentioned um the FDA food code. Erica mentioned um the FDA food code.
  • That didn't clear the codes.
Keywords: 1191, senate, all
HI

Hawaii 2026 Regular Session

Senate Floor Session 04-14-2026 10:00am

Hawaii Senate Floor Meeting

Transcript Highlights:
  • traffic code. traffic code.
  • that have changed in our traffic code that have changed in our traffic code and<00:30:43.080>
  • In<00:46:33.360> Hawaii,<00:46:33.680> tax<00:46:34.040> credits In Hawaii, tax
  • tax accounting.
  • I rise in support. >> Please proceed. crafting the tax proposals and the the crafting the tax proposals
Keywords: 912, senate, all
WY

Wyoming 2026 Regular Session

House Floor Session-Day 2, February 10, 2026-PM

Wyoming House Floor Meeting

Transcript Highlights:
  • <01:06:32.480> exemption Bill 109, property tax exemption Bill 109, property tax exemption
  • point, you've tripled your property tax. point, you've tripled your property tax.
  • It's not a tax. Wyoming. It is a fee. It's not a tax.
  • Internal Revenue Code that gives nonprofit organizations federal income tax-exempt status here in Wyoming
  • federal income tax stat exempt status. federal income tax stat exempt status. here<03:49:26.880>
Keywords: 916, all
CA

California 2025-2026 Regular Session

Assembly Floor Session May 27th, 2025

California House Floor Meeting

Transcript Highlights:
  • This is a district bill that simply strikes a provision of the Revin Tax Code that apportions property
  • tax between the city of Rancho Mirage and Riverside.
  • federal tax-exempt status under Section 501c3 of the Internal Revenue Code.
  • exemption in Section 23701d of the Revenue Taxation Code.
  • Unfortunately, recent federal legislation has targeted the federal tax-exempt status of non-profits.
Keywords: 988, house, all
VT

Vermont 2025-2026 Regular Session

House Session - 2026-03-17 - 10:00AM

Vermont House Floor Meeting

Transcript Highlights:
  • code.
  • code.
  • As this is consistency in our tax code.
  • and create further inconsistencies in the tax code, which our committee always tries to avoid.
  • and exempt from the sales and use tax and exempt from the sales and use tax. tax. tax.
Keywords: 926, house, all
Summary: The House opened with a devotional reading for St. Patrick’s Day, followed by the Pledge of Allegiance and the reading of a resignation letter from Representative Hooper of Burlington. The letter said the House environment had changed significantly and that he was resigning before the next cycle, while thanking colleagues and urging bold leadership to address major problems facing Vermonters. Members then received first readings and referrals for a large slate of bills. House bills introduced included measures on tax administration, hunting license fees, emergency management, oath and affirmation language in statutes, judiciary procedures, a Vermont homelessness response continuum, paperwork reduction, public utility subjects, municipal regulation of agriculture, miscellaneous agricultural subjects, and municipal permitting of ground-mounted solar arrays. Senate bills referred to House committees included vocational rehabilitation, home improvement and land improvement fraud, advanced metering infrastructure devices, water quality, and fair employment practices. Several other bills on the notice calendar were also referred to Ways and Means or Appropriations because they affected state revenue or carried appropriations. The House adopted two concurrent resolutions on the consent calendar: HCR 214, honoring Irish-American patriots and their role in American independence, and HCR 220, welcoming the USS Vermont’s namesake visit and designating April 18, 2026 as USS Vermont Day. Members also offered announcements recognizing guests from the USS Vermont and related veterans’ groups, remembering former Representative Ken Harvey, and noting upcoming events such as March Madness pools, the Legislative Cabaret, a Rural Caucus meeting, and a NAMI Walks team. On the floor calendar, H. 723 on posting of land was taken up, amended as recommended by the Committee on Environment, and ordered to third reading on a 10-0-1 committee vote. The House then began second reading of H. 757 on manufactured homes and limited equity cooperatives; committee members described manufactured housing as a key affordable housing option in Vermont and said the bill would clarify how these homes are purchased, titled, taxed, and financed, while reducing costs and improving consistency for homeowners, lenders, and municipalities.
NY

New York 2025-2026 Regular Session

New York State Senate Session - 05/27/2026

New York Senate Floor Meeting

Transcript Highlights:
  • of the sweetheart deal they got in HR-1 and because New York's tax code has something called rolling
  • conformity, which means that our tax provisions automatically Conform to the federal tax code unless
  • But I think a fair assumption would be that we're now matching the State income tax code to the federal
  • BUT I THINK A FAIR ASSUMPTION WOULD BE THAT WE'RE NOW MATCHING THE STATE INCOMES TAX CODE TO THE FEDERAL
  • THEIR STATUS FOR ANY VALID REASON, MEANING THEY HAVE VIOLATED ONE OF THE PROVISIONS OF THE TAX CODE,
Keywords: 993, senate, all
Summary: The Senate opened with the Pledge of Allegiance and an invocation, then approved the prior day’s Journal and moved into motions, resolutions, and budget-related business. Senator Gianaris called up Senate Print 5898A for reconsideration; the Senate voted 59 ayes to restore the bill to the third reading calendar. Several amendments were also received on third-reading bills, and the Finance Committee was called into session while the chamber proceeded with resolutions. The Senate adopted Resolution J.2106 recognizing Second Chance Month and the mental health impacts of incarceration, with Senator Brisport speaking in support and a guest from the community recognized in the chamber. The body also adopted Resolution J.1492 designating May 27, 2026, as Taiwan Heritage Day, with remarks from Senators Sepúlveda, Stavisky, and Liu highlighting Taiwanese contributions to New York and expressing support for Taiwan amid current geopolitical tensions. The Finance Committee then reported several budget bills, including Senate Prints 9003D, 9004D, 9007C, and 9009C, which were moved to third reading. The remainder of the session focused on the supplemental and controversial budget calendars, especially tax and spending provisions. Senators debated the “Protecting Our Wallets” energy rebate, with supporters describing it as a one-time check for eligible taxpayers and critics arguing it was too small and not tied directly to utility bills; the chamber accepted the message of necessity and laid the bills aside. Members also debated extensions and changes to tax provisions affecting corporations, alternative fuel exemptions, Broadway and theatrical production tax credits, charitable deductions for certain 501(c)(3)s, nicotine pouch taxes, a new New York City pied-à-terre tax, and a standardbred horse-racing testing fee. Several senators criticized the budget as raising costs or favoring certain industries, while supporters defended the measures as revenue-raising, affordability, or public-health policies. No final votes on the controversial budget bills are shown in the excerpt beyond procedural rulings, adoption of the resolution calendar, and acceptance of committee reports.
LA

Louisiana 2026 Regular Session

Health and Welfare May 19th, 2026

Health and Welfare

Transcript Highlights:
  • tax in some cases.
  • For every hundred dollars spent into state and local taxes, $16.80 comes from immigrants.
  • So without our tax passage, we would not be open.
  • So without our tax passage, we would not be open.
  • Did you code everything?
CA

California 2025-2026 Regular Session

Assembly Judiciary Committee Jul 15th, 2025

Transcript Highlights:
  • We pay our taxes.
  • Ninety-one percent didn't charge sales and use tax, let alone cannabis excise tax, and 95% of them contained
  • codes for tourism taxes like the TOT.
  • codes for tourism taxes like the TOT.
  • I think tax collection is a part of it, and if getting the address is a part of that tax collection,
Summary: The committee heard testimony on several bills, beginning with SB 41 by Senator Wiener, which would regulate pharmacy benefit managers by increasing transparency, banning patient steering and spread pricing, and requiring full pass-through of rebates. Supporters, including independent pharmacists and health advocates, said PBM practices are driving up drug costs and closing neighborhood pharmacies. Opponents from PBM and health plan groups argued the bill overlaps with recently enacted licensing and reporting requirements, would not lower consumer prices, and may be preempted by ERISA. Members discussed confidentiality issues, consumer savings, and the relationship between SB 41 and the new budget trailer bill; the author asked for an aye vote. The committee then took up SB 378, also by Senator Wiener, aimed at online marketplaces that advertise illegal intoxicating hemp and unlicensed cannabis products. Supporters from labor, public health, and the licensed cannabis industry said online sales are undermining regulated businesses and exposing children to unsafe products. Opponents from tech and hemp industry groups warned the bill is overbroad, could sweep in general-purpose platforms and lawful hemp wellness products, and raises Dormant Commerce Clause and First Amendment concerns. The author said he would narrow the bill, remove industrial hemp references, and address strict liability and standing issues; members largely focused on how to target illegal products without capturing lawful marketplaces. SB 243 by Senator Padilla addressed AI companion chatbots, with supporters including Common Sense Media and transparency advocates warning that these systems can be addictive, manipulative, and dangerous for minors and vulnerable users, citing studies and the death of a Florida teenager. The bill would require disclosures, anti-addiction design limits, self-harm protocols, audits, reporting, and a private right of action. Tech and business groups opposed the measure as overly broad and said its definitions could sweep in general-purpose AI tools; several members supported the goal but questioned the breadth of the definitions and the private right of action. Finally, SB 522 by Senator Wahab would extend just-cause eviction protections to rental units that were previously covered by the Tenant Protection Act but were destroyed in disasters and later rebuilt. Supporters, including Los Angeles city officials and tenant advocates, said the bill would help keep displaced renters housed after wildfires and other disasters. Apartment and realtor groups opposed it, arguing it would remove a key exemption needed to finance rebuilding and could discourage post-disaster reconstruction. Members expressed support for tenant protections in disaster areas, and the author asked for an aye vote.
NH

New Hampshire 2025 Regular Session

Senate Children and Family Law (02/20/2025)

Children and Family Law

Transcript Highlights:
  • pay um however if the parent wins um tax pay um however if the parent wins um tax should<00:42:15.240
  • It just gives them copies of statutes and federal code.
  • It's a federal code.
  • Well, I don't think you have to give them the actual federal code.
  • Okay, so give them references to the statutes and the federal code.
Keywords: 1191, senate, all
AL

Alabama 2026 Regular Session

Alabama Senate Feb 17th, 2026

Alabama Senate Floor Meeting

Transcript Highlights:
  • President, this provides a tax exemption or renewal of a tax exemption for this company that provides
  • There's nothing in my bill that exempts it from a local building code, from any building code.
  • code from from any building code. code from from any building code.
  • or any other codes that apply.
  • I trust the other codes that apply.
Keywords: 920, all
Summary: The Alabama Senate convened with a quorum, opened with prayer and the Pledge of Allegiance, excused absent senators, and adopted the previous day’s journal. The chamber received several House messages referring local bills to the Committee on Local Legislation, including measures affecting Lawrence, Clayurn, Limestone, Shelby, and Alabaster. The Senate also recognized guests in the gallery, including local leaders, law enforcement officials, and a Jackson County Junior Leadership group. During personal privilege remarks, Senator Figures offered a tribute to Reverend Jesse Jackson, Sr., highlighting his civil rights legacy, political influence, and impact on Black voter participation and representation; the Senate observed a moment of silence. Senator Smitherman also thanked her for the remarks. The Senate then adopted Senate Joint Resolution 47, mourning the death and celebrating the life of John J. Guthrie Jr., and Senate Joint Resolution 48, commending Tommy Jax for emergency actions to help a sick child. The Senate considered numerous confirmations from the Committee on Confirmations, all receiving favorable reports and being confirmed by unanimous or near-unanimous roll calls, including Walter Bracie and Eric Bone to the Alabama Manufactured Housing Commission, Morgan Garner and Susie Beal to the Alabama Electronic Security Board of Licensure, and Joe Brown, Brian Williams, James Spears, Charles Hedrickk, and Kathy Pierce to the Alabama Board of Polygraph Examiners. Committee reports also advanced several bills, including local legislation and county/municipal government measures. On the floor, the Senate adopted a special order calendar and passed or adopted several bills: SB 239 on child custody jurisdiction enforcement, SB 190 on a sales tax exemption for an ocular eye service company, SB 252 on Governor’s Mansion Authority employees and leave benefits, SB 170 on health savings account regulatory coordination, SB 210 on the chiropractic board, SB 242 on commercial driver’s licenses, and SB 70 on crimes and offenses. SB 247 on insurance was carried over at the sponsor’s request for further work, and SB 83 on guardianships and conservatorships was taken up with discussion of a committee amendment to clarify removal of proceedings from probate to circuit court and notice requirements; the transcript cuts off before final action on that bill.
CA

California 2025-2026 Regular Session

Senate Energy, Utilities and Communications Committee Apr 21st, 2026

Energy, Utilities and Communications

Transcript Highlights:
  • under the income tax component of contributions and advances to cover the tax liabilities owed by the
  • You can easily imagine how that 24% tax can add significant cost to projects.
  • This tax effectively adds an extra $1 million on top of the projected cost.
  • It does not require Public Utilities Code Section 851.
  • .is because of taxes.
Keywords: 987, senate, all
Summary: The committee heard SB 919, SB 931, SB 1215, SB 1359, SB 1125, and SB 1098, with authors and witnesses presenting each measure and the committee taking up amendments on several bills. SB 919 would extend the biomethane monetary incentive program through 2030 and encourage CPUC action on reducing renewable natural gas interconnection costs; supporters said it would help methane reduction and RNG development, while opponents warned about ratepayer costs and the use of public funds. The author said the amended bill removed the rate-basing direction and instead urged CPUC action. SB 931 would extend Diablo Canyon’s Community Impact Mitigation Program through 2030; supporters said local communities and schools rely on the funding, while opponents argued it would add about $47 million in statewide ratepayer costs and should instead be paid from existing PG&E revenues. Committee discussion focused on whether the bill was tied to a broader Diablo Canyon extension package, and the author said it was intended to cover the five-year extension period already enacted. The committee also heard SB 1215, which would direct the CPUC to set deployment targets for EV charging in multifamily housing. The author and supporters said renters are largely shut out of home charging and that existing utility pilots have been successful but insufficient; the bill’s amendments would require consideration of ratepayer benefits, non-ratepayer funding, and system constraints. SB 1359 would require utilities to more carefully justify new gas infrastructure investments and consider electrification and non-pipeline alternatives first; supporters framed it as a guardrail against stranded gas assets, while gas utilities and other opponents said it could undermine safety, the obligation to serve, and ongoing CPUC proceedings. SB 1125 would establish a statewide low-income water rate assistance program upon appropriation; supporters emphasized widespread household water debt and the lack of statewide aid, while one member raised concerns about the lack of a funding source and the limits of Proposition 218. The bill was moved and the roll was opened, with several ayes and at least one no recorded. Finally, SB 1098 would restrict the use of utility memorandum and balancing accounts by requiring exceptional circumstances, more commission review, cost-sharing or lower returns, and sunset dates. Supporters said these accounts have proliferated and allow utilities to recover costs after the fact with too little oversight, while utilities and business groups argued the accounts are needed for hard-to-forecast costs such as wildfire mitigation and emergencies, and that the CPUC already reviews them. The committee also heard brief introductory remarks on SB 1295, which would promote more targeted use of distributed batteries on the distribution grid to save money and improve reliability, with utilities and environmental groups expressing support and saying they would continue working on the details.
MN

Minnesota 2025-2026 Regular Session

Rep. Liz Lee Press Conference 3/18/26

Transcript Highlights:
  • We are a coalition of labor and community groups united in support of a fair tax code and a budget sufficient
  • HF 4343 represents an important step towards a modern tax code that reflects shifting consumer spending
  • cut sales tax to 6.75%. cut sales tax to 6.75%.
  • We must tax Amazon. We must tax Meta. We must tax big tech, and we must tax all advertising.
  • We must tax big tech and must tax Meta.
Keywords: 919, house, all
Summary: The meeting was a press-style discussion in support of House File 4343, which would end Minnesota’s sales tax exemption for digital advertising services and physical advertising space such as billboards. Supporters said the bill would raise more than $300 million in revenue and allow the state sales tax rate to be reduced, while also modernizing the tax code to reflect a digital, service-based economy. Eric Bernstein of We Make Minnesota argued the current sales tax base is outdated, too narrow, and unfairly shifts burden onto Minnesota businesses, workers, and property taxpayers. Representative Lislegard said the bill would help fund schools, health care, infrastructure, child care, and local government, and framed it as a response to structural budget gaps and rising property taxes. She said large corporations are not paying their fair share and that the state should cut exemptions rather than reduce public services. Several speakers from labor, education, health care, and the arts backed the proposal, including a working parent who cited high child care costs, an AFSCME representative from Hennepin County Medical Center who said the revenue is needed to support the safety-net hospital, a musician who said streaming and ad-driven platforms profit from artists’ labor, and an educator who criticized social media companies’ impact on youth. The speakers repeatedly argued that major tech and advertising companies such as Meta, Google, Amazon, Microsoft, TikTok, and Spotify should contribute more to public services, while ordinary Minnesotans already pay too much. Representative White closed by acknowledging the bill faces a difficult path but said supporters would keep fighting for it. No vote or formal committee action was taken in the portion provided, and the event ended with one question from the audience.
FL

Florida 2026 5th Special Session

Rules Feb 17th, 2026

Transcript Highlights:
  • Code, you know, different things that we put in here.
  • Code 36.
  • I was trying to follow the sponsor, but it was kind of like listening to somebody talk about tax code
  • I think you'll find that the 1% of transgender people pay their taxes.
  • I have an interesting... going to refund them, their taxes.
Summary: The committee took up a long agenda of retained bills and several new measures, with most receiving favorable reports after amendments. Major debate centered on CS/SB 706, which preempts airport naming to the state and designates Palm Beach International Airport as the Donald J. Trump International Airport subject to FAA and trademark-related conditions. Senator Jones offered amendments to avoid private royalty benefits, but both failed. Senators Berman, Osgood, Jones, and Pizzo spoke against the bill, raising concerns about naming an airport after a sitting president, lack of local input, and ethical issues; Senator Mayfield defended the bill as cost-free to the airport and noted the naming agreement. The committee ultimately voted the bill favorably. The committee also approved CS/SB 546 on conservation land notice requirements and CS/SB 1014 on municipal utility service to properties outside city limits, both with amendments and some opposition from the Florida League of Cities on the utility bill. Several other bills were heard and reported favorably with little controversy. CS/SB 1500 would streamline uncontested probate proceedings; SB 962 would exclude farms and farm operations from certain zoning definitions tied to affordable housing preemption; CS/SB 820 would strengthen reporting for problem-solving courts; SB 840 would revise portions of last year’s hurricane-related land-use law to narrow its scope and sunset temporary restrictions; and SB 856 would require online property listings to show estimated ad valorem taxes, with an amendment excluding social media platforms and broadening liability protections. SB 110 would clarify homestead exemption eligibility for 98-year or longer residential leases. SB 394 would exempt certain underwriting managers handling limited facultative reinsurance from licensure requirements, and SB 434 would prevent wind-hardening improvements from increasing assessed value for residential property tax purposes. The committee also advanced several public-safety and transparency measures. CS/CS/SB 658 and 608, a combined water-safety bill, would require safety features for rental properties with pools or nearby water bodies and authorize DBPR enforcement; supporters framed it as a response to Florida’s high child-drowning rates, and Airbnb waived in support. SB 748 would place constitutional language on restoration of voting rights on sentencing score sheets, with broad support from voting-rights and civil-rights groups. CS/SB 824 would require annual reporting of unimproved school-district land inventories, and CS/SB 848 would create a framework for off-site stormwater treatment and related credits, with support from builders and mitigation bankers. The committee also heard CS/SB 1036 on school counselors, which clarifies certification requirements and performance criteria after a delete-all amendment.
MN

Minnesota 2025-2026 Regular Session

House Floor Session - part 2 Apr 24th, 2025

Minnesota House Floor Meeting

Transcript Highlights:
  • So if you take just our farm income, everything that we made on the farm, and you take the taxes that
  • Over 50% of what we made on our farm goes to taxes.
  • The trust code is one of the legislations, one of their bills, coming from their trust division.
  • And just a brief history on the trust code in the state of Minnesota: a big overhaul of it.
  • The amendment is coded A-1.
NH
Transcript Highlights:
  • First, the bill amends certain default terms in the trust code known as tax savings clauses to better
  • First, the bill amends certain default terms in the trust code known as tax savings clauses to better
  • safe harbor provisions in the trust code safe harbor provisions in the trust code so<00:59:50.480
  • the trust code known as tax savings the trust code known as tax savings clauses<01:00:04.720>
  • Without this federal tax efficiency.
Keywords: 928, house, all
Summary: The committee held a public hearing on Senate Bill 25, which would allow New Hampshire state-chartered credit unions to choose, by member vote, to compensate their board members. Prime sponsor Senator Dan Innis said the bill is enabling only, does not require compensation, and is intended to align New Hampshire with other states that already permit this. He argued that credit union board service now requires more time and expertise, and that compensation could help attract stronger candidates and improve governance. Representatives from the Cooperative Credit Union Association and St. Mary’s Bank testified in support. They said the change would not create salaries, but could cover modest compensation or reimbursements such as daycare, education, cybersecurity, or accounting training. They emphasized that credit unions remain nonprofit and member-driven, that board members must be credit union members and elected by members, and that any compensation decision would be made by the membership at an annual meeting or through the credit union’s voting process. Witnesses also said the bill would help with recruitment and retention, especially as credit union operations have become more complex and digital, and noted that similar authority exists in 16 other states, including Rhode Island. Committee members asked about the historical reason credit unions were excluded, the amount and structure of compensation, whether there would be a cap, and how voting would work. Witnesses said the bill does not set a statutory maximum, but in practice the amount would be disclosed to members and set through the vote; they also described St. Mary’s Bank’s ballot process and said proxy or ballot procedures depend on each credit union’s bylaws. One witness noted that federally chartered credit unions are subject to different limits. After testimony and questions, the chair closed the public hearing on Senate Bill 25 and then moved on to Senate Bill 26.
TX

Texas 89th 2nd C.S.

Pensions, Investments & Financial Services May 12th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • We were going to use tax notes. Tax notes, um, and we were going to basically back them.
  • or short term ear versions of bonds, and so they aren't covered under the same section of the tax code
  • Uh, they could, uh, taxes, uh, tax notes are, but, uh, schools have a lot less flexibility than cities
  • use a 7-year tax note for that.
  • Usually, we deal with taxes and.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Wednesday, April 30, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • <00:39:40.480> And of the pain from his Trump tax. And of the pain from his Trump tax.
  • <01:14:29.360> giving are going to see a big tax break. giving are going to see a big tax
  • > tax<05:04:57.200> that to $30,000 of additional tax, a tax that to $30,000 of additional
  • tax, a tax that was<05:04:57.440> put<05:04:57.600> in<05:04:57.760> place<05:04
  • roads with gas taxes and the gas taxes roads with gas taxes and the gas taxes that<05:11:57.920>