Transcript Highlights:

• procedure for those local governments for their respective levies to increase the amount of assessed valuation
• exempt from taxation up to all remaining assessed valuations.
• But when we say that they may adopt a schedule up to all remaining assessed valuation, doesn't up to
• Remaining assessed valuation doesn't up to that level also include just one extra dollar of exemption
• We've learned today that property valuations have increased 5.5 percent.

Summary: The Committee on Appropriations took up SJR 2-F, a proposed constitutional amendment to reduce property taxes by lowering assessment caps on non-homestead property, expanding homestead exemptions over time, and allowing local governments to increase exemptions further. The sponsor argued the measure would provide broad property tax relief while requiring revenues to be directed to core services such as public safety, education, infrastructure, and natural resource projects, with a trust fund intended to help local governments transition. Senators raised concerns about the lack of a fiscal score, the effect on counties, cities, school districts, and special districts, and whether the proposal would shift costs to fees or other taxes. Several amendments were debated. Senator Polsky’s amendment to explicitly authorize user fees and non-ad valorem assessments to offset lost property tax revenue failed. Senator Avila’s amendment broadening permissible uses of ad valorem revenue to include county constitutional officers and other expenditures approved by local governing bodies was adopted after debate over whether the bill would otherwise underfund essential functions. Senator Smith’s sunset amendment, which would have made the constitutional changes expire after five years, failed. Senator Smith’s amendment to allow tourism development tax revenue to support public safety and education also failed. Senator Graal’s amendment removing the constitutional trust fund language was adopted, with supporters arguing the Constitution should not promise an unfunded account. Additional late-file amendments were considered. Senator Berman’s proposal to change the ballot title to more neutrally describe the measure as affecting property taxes and local community service reductions failed. Senator Trumbull’s amendment removing school board ad valorem taxes from the proposal was adopted, preserving school taxes. Senator Smith’s amendment narrowing the non-homestead assessment cap reduction to small businesses only failed. The committee then returned to the bill as amended and continued questioning the sponsor about eligibility, fiscal impacts, and whether the proposal could lead to local governments offsetting lost revenue through special assessments or other charges.

Transcript Highlights:

• procedure for those local governments for their respective levies to increase the amount of assessed valuation
• exempt from taxation up to all remaining assessed valuations.
• But when we say that they may adopt a schedule up to all remaining assessed valuation, doesn't up to
• Remaining assessed valuation doesn't up to that level also include just one extra dollar of exemption
• We've learned today that property valuations have increased five and a half percent.

Summary: The Committee on Appropriations took up SJR 2-F, the proposed constitutional amendment on property tax relief, which would reduce assessment growth on non-homestead property, expand homestead exemptions, create a new exemption for new homesteaders, and direct counties, cities, and school districts to use property tax revenues for specified core services. Senator Avila presented the measure as the governor’s plan to provide historic relief and argued that local governments should tighten budgets and prioritize core functions. Senators raised concerns about the lack of fiscal scoring, the breadth and ambiguity of the permitted uses, the effect on special districts and local services, and whether the proposal would shift costs to fees or other taxes. The committee adopted several amendments, including Avila’s amendment clarifying that ad valorem revenues could be used for county and municipal operations and administration and other expenditures not prohibited by law, and Trumbull’s amendment removing school board ad valorem taxes from the proposal. Other amendments failed, including proposals to allow user fees and non-ad valorem assessments, add a sunset, redirect tourism development taxes, narrow the small-business provision, and change the ballot title to reference local service reductions. Grall’s amendment removing the constitutional trust fund requirement was adopted, while the committee also rejected Berman’s title-change amendment and Smith’s sunset and tourism-tax amendments. The committee then returned to the bill as amended for questions, including extended debate over whether the proposal would affect noncitizen residents, the impact on local government finances, and whether local governments would respond with higher fees or special assessments. The meeting ended with the bill still under discussion after the final round of questions, with Avila saying he would continue working with the governor’s office on the language before the next vote.

Transcript Highlights:

• not a change in ownership for purposes of Chapter 193 and does not trigger a reassessment of the valuation
• the valuation of the property. Mr. Chair, that is the bill. Thank you. Any questions on the bill?

Summary: The committee met with a quorum and heard five bills. HB 1097 would rename the Florida Catastrophic Storm Center at FSU as the Florida Center for Excellence in Insurance and Risk Management, transfer the public hurricane loss projection model from FIU to FSU, and provide recurring and nonrecurring appropriations to support independent insurance research and collaboration with OIR and other universities. Members discussed university roles, model oversight, independence from industry funding, and student/workforce benefits. The bill passed favorably on a roll call vote. HB 319 would create a regulatory framework for virtual currency kiosk businesses, requiring registration with the Office of Financial Regulation, consumer disclosures, and penalties for violations. Much of the discussion focused on fraud prevention, especially for seniors, and whether the bill should include transaction caps or stronger recovery tools; AARP supported the bill but urged additional protections. The bill passed favorably. CS/HB 385 made technical changes to the Florida Trust Code and Community Property Trust Act, including decanting, trustee claims, redemption by satisfaction, and homestead transfer treatment; an amendment conforming to the Senate version was adopted, and the bill passed favorably. CS/HB 97 would allow service of process for exploitation injunctions against unascertainable scammers through the same communication method used to contact the victim, such as text or social media, and would let courts freeze funds temporarily while the matter is heard. Testimony from elder law practitioners and AARP supported the bill as a tool against scams, while some members raised due process and overreach concerns; the bill passed favorably. HB 839 would shorten the overpayment recovery window for claims submitted to psychologists and HMOs to match other health providers, with the goal of improving parity and access to mental health care; an amendment was adopted, and the bill passed favorably. The meeting concluded with adjournment after the final roll call votes.

Keywords: 1189, house, all

Transcript Highlights:

• I think Ethereum is about 250 billion at the present valuation. Bitcoin is at 1.7 trillion.
• I think Ethereum is about 250 billion at the present valuation. Bitcoin is at 1.7 trillion.
• I think Ethereum is about 250 billion at the present valuation. Bitcoin is at 1.7 trillion.
• ><00:57:13.839> at<00:57:14.160> the<00:57:14.319> present<00:57:14.920> valuation
• 250 billion at the present valuation. 250 billion at the present valuation.

Keywords: 1191, senate, all

Transcript Highlights:

• expertise we have on mineral exploitation, mining, and reclamation, managing our payments and mineral valuation
• expertise we have on mineral exploitation, mining, and reclamation, managing our payments and mineral valuation
• expertise we have on mineral exploitation, mining, and reclamation, managing our payments and mineral valuation
• 36.839> for<00:10:37.000> the<00:10:37.120> tax<00:10:37.360> for mineral valuation
• claims for the tax for mineral valuation claims for the tax for for<00:10:37.800> properties<

Keywords: 1183, house

Transcript Highlights:

• The only reason investors today accept lower valuation is...
• The only reason investors today accept lower valuation is The only reason investors today accept lower
• valuation is because they expect California to build billions of dollars.
• That's why they're willing to take lower valuations.

Summary: The committee first heard SB 804, the Hydrogen Pipeline Safety Act, from Senator Arreguín. He said the bill would designate the State Fire Marshal as the safety regulator for intrastate hydrogen pipelines and require hydrogen-specific standards, while not mandating any pipeline construction or bypassing environmental review. Supporters included labor groups, utility employees, and the City of Burbank, while Air Products opposed unless amended, citing concerns about the bill’s specificity, fee structure, and the need for a hydrogen-specific rulemaking process. The committee discussed safety, fees, and regulatory certainty, and later passed SB 804 on a 9-0 vote to Emergency Management with commitment to take amendments. The committee then took up SB 905 by Senator Becker, aimed at reducing electricity rates by changing utility incentives. The bill would tie part of executive compensation to keeping rates below inflation, require more performance metrics, and allow the CPUC to consider lower returns on equity for certain lower-risk investments and alternative financing options. Support came from consumer, environmental, agricultural, and large energy user groups, while Southern California Edison, CalChamber, PG&E, and utility labor groups raised concerns that the bill could reduce investment, create regulatory uncertainty, and raise borrowing costs. After extensive discussion about utility affordability, wildfire costs, and capital markets, the committee passed SB 905 on a 7-1 vote to Appropriations. SB 913, also by Senator Becker, would create a clearer pathway for distributed energy resources such as batteries and smart thermostats to participate in the resource adequacy market and compete with utility-scale resources. Supporters said the bill would better use existing grid capacity, lower costs, and build on the state’s Demand Side Grid Support Program; PG&E opposed unless amended, saying the use case was not yet proven and was already being addressed in other rulemakings. After the committee accepted amendments, one opposition group moved to neutral and another said it might do so after reviewing the changes. The bill passed 8-0 to Appropriations and was placed on call. Several other measures were heard and advanced, including SB 1196 on faster utility hookups for small energization projects such as ADUs and EV chargers, SB 931 reauthorizing the Diablo Canyon Essential Services Mitigation Fund through 2028, SB 1158 reducing the frequency of joint reliability assessments from quarterly to twice yearly, and SB 1245 directing further study of California’s gasoline market and potential use of non-CARBOB fuel during supply disruptions. SB 1196 and SB 931 both passed with broad support and no opposition after amendments, SB 1158 passed without testimony, and SB 1245 drew strong support from consumer and environmental advocates but opposition from fuel industry and business groups concerned about costs, confidentiality, and fuel standards.

Transcript Highlights:

• And we basically, we handle centrally assessed issues, calculations, and property tax valuation challenges
• And we basically, we handle centrally assessed issues, calculations, and property tax valuation challenges
• and ...and property tax valuation challenges and concerns from citizens, from property owners.

Keywords: 908, all

Transcript Highlights:

• So the bargain that we were trying to achieve just hasn't kept up with the rapid valuations that we've
• So the bargain that we were trying to achieve just hasn't kept up with the rapid valuations that we've
• So the bargain that we were trying to achieve just hasn't kept up with the rapid valuations that we've

Keywords: 1187, senate, all

Transcript Highlights:

• their experience study documents, which was conducted last year, and looked at our liabilities and valuation
• it wasn't a recommended change after they evaluated the variables that we include in our annual valuation

Transcript Highlights:

• property receiving the 4D2 property tax classification be valued based on the normal approach to valuation
• This may result in overall lower valuations, as noticed in previous studies.

Bills: HF2730, HF2257, HF2768, HF1932, HF2437

Keywords: local government debt, municipal bonds, county bonds, capital improvements, public financing, bond issuance, public hearing, notice period, bond guarantee, Minnesota Public Facilities Authority, volume cap, private activity bonds, housing finance, residential rental bonds, LIHTC, low-income housing tax credits, redevelopment, courthouse financing, jail financing, law enforcement center

Transcript Highlights:

• that will prevent multi-unit developments from being penalized and instead treat them on a per-unit valuation
• They are not renovated, but they maybe have a valuation of over $2 million.
• not renovated, but they maybe<02:21:37.840> have<02:21:38.000> a<02:21:38.160> valuation
• <02:21:38.640> of<02:21:38.880> over<02:21:39.280> 2 maybe have a valuation
• of over 2 maybe have a valuation of over 2 million.<02:21:40.080> And<02:21:40.560> I<02

Bills: HB1977, HB1764, HB1934, HB2533, HB1790, HB2181, HB1870, HB2140, HB2468, HB2358, HB1588, HB1688, HB1986, HB2030, HB2195, HB1949, HB1695, HB1950, HB2094, HB2115, HB2297, HB2336, HB2416, HB2049

Keywords: maternal health, infant health, mobile application, Medicaid, healthcare access, state programs, music education, public concerts, Hawaii State Library, cultural collaboration, music accessibility, libraries, education, reading programs, early childhood, nonprofit, community engagement, teacher retention, Hawaiian language education, special needs schools

Transcript Highlights:

• It is based upon median family income and property valuation.
• based upon medium family income and is based upon medium family income and property<00:50:20.079> valuation
• property valuation. property valuation.
• criteria like free and reduced<01:39:35.040> or<01:39:35.199> equalized<01:39:35.679> valuation
• <01:39:36.159> or reduced or equalized valuation or reduced or equalized valuation or whatever

Keywords: 928, house, all

Summary: The subcommittee began its first meeting on retained education funding bills, focusing on HB 366, which concerns school building aid for eligible projects, and HB 295, which would make school building aid program funds non-lapsing. The chair framed the discussion around broader questions about how school building aid should work, noting the state’s limited available funding, the existing debt service obligations, and whether the current formula should continue or be changed. He also raised concerns about the state’s overall revenue constraints and the need to consider renovation, new construction, and possibly leasing within any future program. Members and the Department of Education representative discussed whether school building aid is a state or local responsibility, the current backlog of projects, and the condition of school facilities statewide. Tim Carney of the Bureau of School Facilities described his background and answered technical questions about current programs. Representative Luno argued that under the ConVal decision the state has responsibility for school buildings, including construction and renovation, and that the program also serves an equity function by helping districts with less property-tax capacity. Representative Papich urged the committee to focus on policy structure and fairness rather than just available dollars, saying the current system creates winners and losers and suggesting a simpler per-capita or similar allocation model, while acknowledging a possible transition for projects already in the pipeline. The discussion also covered CTE facilities and leasing. Carney explained that charter schools, and possibly CTE centers, can receive limited leasing aid, and that CTE capital requests are funded through a state capital process, while federal Carl Perkins funds cannot be used for construction. He and others described a separate rotational funding approach for CTE centers, but several members said that model can leave programs waiting too long and may not match changing workforce needs. The chair and others noted that a report from a related study group on CTE policy and funding was still pending, and that its absence could affect legislation for FY28. No votes were taken and no bill was acted on in the portion of the meeting provided; the discussion ended with interest in modeling alternatives, reviewing the waiting list, and examining the tradeoffs of reducing upfront state aid versus funding more projects overall.

Transcript Highlights:

• The only one we've done a full valuation for is HB 727.
• The only one we've done a full valuation for is HB 727.
• earlier this year so uh a full valuation earlier this year so uh and<05:00:36.240> that's<05:
• :43.558> we've<05:00:43.718> done<05:00:43.840> it<05:00:43.958> for valuation
• the only one we've done it for valuation the only one we've done it for is<05:00:44.520> 727<

Keywords: 1189, house, all

Summary: The committee first took up House Bill 187, which would allow parents or guardians to seek restraining orders on behalf of a minor child even when the alleged perpetrator is not a family or household member. Tracy Sirles testified that the bill was prompted by her family’s experience after being told by state police to seek a restraining order, only to learn the current law did not allow it because the offender was the child’s best friend’s father. Members agreed the change was straightforward, noted the fiscal note reflected only a small indeterminate cost to the judicial branch, and moved House Bill 187 ought to pass; the motion was approved unanimously. The committee then discussed House Bill 66, a Right-to-Know bill that removes “citizen” language in favor of “person” in some provisions and allows certain New Hampshire-connected requesters to seek records electronically if the records already exist in that format. Members reviewed concerns about defining “member of the media,” the scope of electronic requests, and a sentence stating appeals would have no filing fee or search charge. After debate, the committee voted to amend the bill by removing that fee-waiver sentence, then recommended House Bill 66 ought to pass as amended. The vote was 6-3. Next, the committee heard from the Environment and Agriculture chair about several solid-waste-related bills being folded into trailer bill language, including House Bill 215 and House Bill 171, with discussion of a possible three-year landfill moratorium and the need to address DEES staffing and funding concerns. DEES later clarified that the revised approach would not require new positions or create a fiscal impact because the new solid waste commission would be self-funded through filing fees. The committee voted unanimously to retain House Bill 215. Finally, the committee considered House Bill 566, which requires landfill permit applications to include a detailed leachate management plan and more information about disposal contracts. The sponsor said the bill was developed with DEES to address leachate problems and improve safety oversight. DEES testified that the bill largely reflects current practice and would have no specific fiscal impact, with existing staff able to absorb any review workload. The committee moved House Bill 566 ought to pass, and the motion was approved unanimously. The committee also briefly discussed House Bill 624, a grant program for local river management advisory committees, but no vote was taken in the portion provided.

Transcript Highlights:

• procedure for those local governments for their respective levies to increase the amount of assessed valuation
• exempt from taxation up to all remaining assessed valuations.
• But when we say that they may adopt a schedule up to all remaining assessed valuation, doesn't up to
• Remaining assessed valuation doesn't up to that level also include just one extra dollar of exemption
• We've learned today that property valuations have increased five and a half percent.

Keywords: 999, senate, all

Transcript Highlights:

• breeding operation are allowed to join current use, and that happened in the 2013 study by property valuation
• happened in the 2013 study<00:48:40.319> by<00:48:40.720> property<00:48:41.280> valuation
• study by property valuation. study by property valuation.
• So this went to a study in property valuation so that they could get a better handle on what's out there

Keywords: 927, senate, all

Transcript Highlights:

• This increases the valuation of development that determines the necessity of a special management area
• There has been no update since 2024 of this valuation, but significant inflation has occurred affecting
• The valuation adjustment is an appropriate application of Hawaiʻi's coastal zone management regulations
• There has been no update since 2024 of this valuation, but significant inflation has occurred affecting
• The valuation adjustment is an appropriate application of Hawaiʻi's coastal zone management regulations

Keywords: 912, senate, all

Summary: The committees heard several housing-related bills and resolutions. HB 1298 HD3 would create a government employee housing revolving fund and a government employee 99-year leasehold rent-to-own program; testimony was generally supportive from HHFDC, labor groups, and the Maui Chamber, with the Tax Foundation and Budget and Finance raising concerns about the revolving fund. The committees recommended passage with non-substantive amendments for clarity and consistency, and the motion was adopted. HB 741 H2, which would exempt certain affordable housing projects financed by a certified nonprofit CDFI from prevailing wage requirements, drew support from housing advocates and opposition from several construction unions; the chairs said they were concerned about the labor objections and deferred the measure, with the labor committee agreeing to defer it as well. The housing committee then took up HB 417 HD1, which creates a housing efficiency and innovation subaccount in the rental housing revolving fund and allows HHFDC to transfer funds between the subaccount and the main fund without legislative approval. Testimony was largely supportive. The chair described a series of amendments, including changing the funding-efficiency standard, adding perpetual affordability language, allowing any land tenure type, broadening eligible financing tools, adding priority criteria for mixed-income projects and government-employee projects, and inserting blank appropriations tied to a requested $75 million per year and a $75 million subaccount appropriation for the HCDA 99-year leasehold project. The committee recommended passage with amendments, and the recommendation was adopted. HB 422 HD1, which would repeal school impact fees and move remaining balances to the school facilities special fund, drew broad support from housing and taxpayer groups and opposition from the Department of Education and some individuals. The School Facilities Authority and DOE argued the current system had not produced enough usable land or school sites and suggested narrowing the exemption to government housing projects’ construction costs instead of repealing the fee entirely. Members pressed DOE and SFA on how much land had actually been obtained and whether the fee had been effective; the discussion highlighted concerns about unused balances, school overcrowding, and the role of the Land Use Commission and county zoning in securing school sites. The committee did not take final action on the bill in the portion shown. The committee also heard STR 60/SR 45, urging HHFDC to develop a plan to meet housing demand, and STR 77/SR 60, addressing continued eligibility for housing credits for certain projects after repeal of Act 31; both sets of resolutions had HHFDC support, with DHHL supporting STR 77/SR 60 and Johnny May Perry opposing both.

Transcript Highlights:

• <01:28:17.920> admr revenues changes in town valuations admr revenues changes in town valuations
• <01:51:13.679> in that gets divided over the valuation in that gets divided over the valuation
• , but also $400,000 valuation.
• , but also $400,000 valuation.
• , but also $400,000 valuation.

Keywords: 1189, house, all

Transcript Highlights:

• I have not looked at the valuation component and the revenue that brings in for our municipalities.
• , but yes, all valuations are going up.
• but yes all all residential valuations but yes all all valuations<02:45:14.319> are<02:45:14.560
• Valuation is similar to Representative Run’s question.
• Valuation is similar to Representative Run’s question.

Keywords: 928, house, all

Summary: The meeting was a Ways and Means briefing opened by the vice chair, who introduced Jason Wong of the Federal Home Loan Bank of Boston to discuss the national and regional economy. Wong focused on inflation, asking why it had fallen from about 9% in 2022 to the 2%–3% range, and what that meant for monetary policy and the risk of an economic downturn. He said the Fed’s target is 2%, noted that recent PCE inflation was about 2.4% and core PCE about 2.7%, and described the ongoing debate over whether interest rates should stay tight or be lowered further to protect the labor market. Wong explained that the improvement in inflation has been driven largely by goods prices, especially durable goods such as cars, appliances, and furniture, as well as non-durable goods like food. He said supply-chain disruptions during the pandemic caused major price spikes in 2022, but those pressures have eased and many goods prices are now at or below the Fed’s target. He also referenced the New York Fed’s Global Supply Chain Pressure Index, saying it showed extreme pandemic-era disruptions that have since receded. The main remaining inflation problem, he said, is in services, especially housing. Wong broke services into rent of shelter and all other services, explaining that shelter is a large share of household budgets and that housing inflation has a lag because rent measures often reflect older lease terms rather than current market rents. He said monthly Zillow data suggest market rents have cooled and may eventually feed through to official inflation measures. Members asked several questions about the chart’s time scale, the treatment of real estate, property taxes, and utilities, and Wong clarified that housing costs are counted in services and that the slides would be shared digitally. No votes or formal actions were taken.

Transcript Highlights:

• Our Florida ad valorem valuation tax data book, you'll hear us here use the shorthand term data book,
• little bit the process that the property appraiser would go through in order to come up with the valuations
• I'm not asking about valuation now or assessment. We are talking about classification.

Summary: The Select Committee on Property Taxes met for an educational session focused on how Florida funds public schools and how property taxes are assessed and levied. Dr. Jim Zengali of the Department of Revenue explained the FEFP school funding formula, noting that it is built on weighted student counts, a base student allocation, and programmatic add-ons such as transportation, exceptional student education, school safety, and mental health. He said school funding is roughly split between state general revenue and local property taxes through required local effort, with additional discretionary and capital outlay millages contributing to total school funding. He also described the Department of Revenue’s role in certifying property rolls at fair market value and reviewing them for substantial compliance, including the so-called “nuclear option” if a roll is not approved. Members asked about trends in millage rates, county-by-county funding differences, the effect of growth and enrollment changes, and how property appraisals are reviewed. Zengali said aggregate millage for school funding has declined over the last decade while revenues have still increased, and he agreed to provide additional data on county trends, parcel strata, student growth, and enrollment impacts. He also clarified that school funding is equalized so students receive similar resources regardless of county wealth, and that federal funding plays only a small role in the FEFP. Amy Baker of the Joint Legislative Office of Economic and Demographic Research then discussed existing homestead benefits. She said about half of Florida’s parcels are homestead properties, most fall in the $250,000 to $500,000 value range, and many seniors without mortgages pay property taxes in lump sums rather than through escrow. Baker explained that Florida’s homestead tax burden is middle-of-the-pack nationally and that the main benefits are Save Our Homes and portability on the differential side, plus the $25,000 homestead exemption and related exemptions on the exemption side. She said these benefits reduce taxable value substantially, with homestead properties receiving a large share of the reductions, and noted that the committee requested follow-up data on exemption usage, portability timing, senior exemptions, and county-level patterns. The final presentation, by Lizette Kelly of the Department of Revenue, covered millage rates and the TRIM process. She reviewed the history of truth-in-millage notices, required taxpayer mailings, public hearing notices, and later changes that tied local millage resets to rollback and majority-vote rates. Kelly explained the difference between proposed and adopted millage, the rollback rate, and the majority-vote rate, and described how taxing authorities include counties, cities, special districts, and MSTUs. She also outlined how county taxable value is calculated from just value through assessment differentials and exemptions, and how certain exemptions, such as the additional senior exemption, apply only to the taxing authority that adopted them. No votes were taken during the meeting, but members requested several follow-up data reports for later discussion.