Video & Transcript Research : 'liability shield'

Page 181 of 300
MN
Transcript Highlights:
  • any excess beyond<00:04:44.560> the<00:04:44.759> tax beyond the tax beyond the tax liability
  • 46.960> isn't<00:04:47.280> being<00:04:47.560> used<00:04:47.880> on liability
  • uh that isn't being used on liability uh that isn't being used on that<00:04:48.320> credit<00
  • <00:37:15.760> the<00:37:15.920> difference exceeds its tax liability the difference
  • exceeds its tax liability the difference is<00:37:16.400> refunded<00:37:17.400> this<
Keywords: 919, house, all
Summary: The committee took up House File 2437, the governor’s proposed tax bill, and first adopted the A25-Z42 amendment to put the bill in the desired shape. Commissioner Paul Marquardt of the Department of Revenue then presented the bill as part of Governor Walz and Lieutenant Governor Flanagan’s budget, describing it as a response to budget pressures that would make the tax system more fair and stable while supporting economic development and jobs. Marquardt walked through the bill’s major provisions. These included sustainable aviation fuel policy, repeal of K-12 education credit assignment, elimination of the political contribution refund, expansion of the research and development credit, short-line railroad infrastructure modernization, changes to the state airport fund levy, replacement of attachments and appearances with distribution systems, a narrow personal property tax exception for low-income housing tenants, reduced aquatic invasive species aid, and a 34% reduction in PILT payments. He then focused on the sales tax article, saying it would lower the statewide rate by 0.75% while expanding the base to selected professional services such as accounting, banking, brokerage, and legal services, with business-to-business transactions exempt. He said the proposal would be effective for sales and purchases after September 30, 2025, and estimated a first-year rate-cut impact of about $99 million versus $215 million from the service expansion, while arguing that most households would see a net tax cut. He also noted other changes such as landlord penalty adjustments, a 30% reduction in sustainable aviation fuel incentive payments, repeal of local government cannabis aid, and repeal of the tax filing modernization account. Public testimony began with Kyle Playford of the Financial Planning Association of Minnesota, who strongly opposed the proposed sales tax on professional services, especially financial planning. He argued that financial planning is an essential service for retirement, investment, and long-term financial security, and said the tax would raise costs for consumers, reduce access for middle-class families, small business owners, and retirees, and put Minnesota firms at a competitive disadvantage. The chair then indicated that additional public testimony would continue before member questions.
MN

Minnesota 2025 1st Special Session

House Legacy Finance Committee 3/5/25

Legacy Finance

Transcript Highlights:
  • So, looking at total acres protected and fee with State PILT liability, that has ranged everywhere from
  • Looking at protected and fee without PILT liability, so again that’s going to either counties or the
  • :00.160> pilt Acres protect and fee with State pilt Acres protect and fee with State pilt liability
  • um that has ranged everywhere liability um that has ranged everywhere from from from 2,485<00:37:08.319
  • in fee without pilt State pilt liability in fee without pilt State pilt liability so<00:37:43.599
Bills: HF1250
NH

New Hampshire 2025 Regular Session

Senate Finance (02/11/2025)

Finance

Transcript Highlights:
  • Um, in your testimony, you did not speak to what the unfunded liability for the state retirement system
  • you can't—I, I, I just—yes, like the retirees are being held hostage over this unfunded accrued liability
  • <01:20:59.679> I<01:20:59.719> mean<01:20:59.880> we're unfunded acred liability
  • I mean we're unfunded acred liability I mean we're retired<01:21:00.639> we<01:21:00.840>
  • And again, to be clear, the way I read this, this becomes again a permanent ongoing liability going every
Keywords: 1191, senate, all
LA

Louisiana 2026 Regular Session

House of Representatives Apr 23rd, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • registration, revocation, suspension, agents' contracts, disclosure, fees, penalties, violations, liabilities
  • convenience fees, provide relative to driving vehicle registration privileges, compulsory motor vehicle liability
  • regulating certain calls, telecommunication providers, duties of the Attorney General, penalties, liability
LA

Louisiana 2026 Regular Session

House of Representatives Apr 23rd, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • registration, revocation, suspension, agents' contracts, disclosure, fees, penalties, violations, liabilities
Summary: The House convened with a quorum, opened in prayer, and adopted the journal. Members received messages from the Senate on several House bills and Senate bills, and a number of House resolutions were introduced or laid over. The chamber also suspended rules to allow committees to continue meeting while the House was in session. Several local and ceremonial resolutions were taken up, including measures on public health data, carbon sequestration property rights, declining school enrollment, and commendations and condolences. The floor then considered a series of local bills and Senate bills, many of which passed with little or no opposition. Among the House bills approved were measures creating or adjusting local districts and utility-related authorities in Orleans and Jefferson parishes, including bills on the Regency Park Town Home Crime Prevention Security District, Sewage and Water Board procurement and lien authority, the Foulberg-New neighborhood improvement district, and temporary parish burn bans. The House also passed bills on broadband cable price notices, state finance limits, toll exemptions for school board-owned leased vehicles, prestige license plates, and a brain injury designation on driver’s licenses. Senate bills passed included measures on workers’ compensation evidence rules, recreation of the Department of Agriculture and Forestry, a soybean grain research board name change, incumbent worker training, interdict estate planning, and recreational alligator hunting. The most extensive debate centered on Senate Bill 256, which would consolidate Orleans Parish’s separate civil and criminal clerk of court offices into a single Orleans clerk. Supporters argued the change would align Orleans with the rest of the state, improve efficiency, and reduce costs, while preserving employees and services. Opponents raised concerns about the timing, the lack of broader legislative and public involvement, the impact on the recently elected criminal clerk, and possible disruption to court operations and constitutional rights. After lengthy questioning, the bill passed 89-8. The House also heard a personal privilege statement recognizing a school choir visiting the Capitol and later continued with additional Senate bills, including one on workers’ compensation medical review evidence and another on the Department of Agriculture and Forestry.
LA

Louisiana 2026 Regular Session

House of Representatives Apr 14th, 2026

Louisiana House Floor Meeting

Bills: HR133, HR134, HR135, HR136, HR137, HR138, HR139, HR140, HR141, HR142, HR143, HR144, HR145, HR146, HR147, HR148, HR149, HR150, HR151, HR152, HR119, HR120, HR121, HR122, HR123, HR125, HR126, HR127, HR128, HR129, HR130, HR131, HR132, HCR53, HCR54, HCR55, HCR56, SCR3, SCR22, SB4, SB18, SB66, SB106, SB201, SB256, SB274, SB292, SB326, SB386, SB406, SB422, SB423, SB456, SB475, HCR3, HB1, HB3, HB27, HB71, HB214, HB225, HB241, HB244, HB306, HB312, HB313, HB314, HB345, HB366, HB383, HB446, HB473, HB511, HB514, HB655, HB730, HB743, HB836, HB983, HB1027, HB1037, HB1043, HB1082, HB1091, HB1096, HB1103, HB1126, HB1167, HB1174, HB1175, HB1230, HB1237, HB1238, SB162, SB349, SB350, SB382, SB383, HB76, HB132, HB181, HB210, HB250, HB265, HB275, HB291, HB322, HB342, HB475, HB486, HB616, HB635, HB639, HB690, HB740, HB757, HB761, HB774, HB808, HB855, HB872, HB883, HB886, HB903, HB949, HB962, HB996, HB1003, HB1036, HB1054, HB1071, HB1076, HB1078, HB1113, HB1132, HB1146, HB1232, HB1233, HB21, HB24, HB29, HB31, HB39, HB45, HB77, HB136, HB150, HB263, HB273, HB299, HB315, HB376, HB377, HB431, HB444, HB450, HB519, HB533, HB538, HB559, HB562, HB663, HB664, HB715, HB717, HB805, HB822, HB823, HB834, HB864, HB867, HB1017, HB1018, HB1068, HB1134, HB1137, HB1234, HB1235, HB1236, HB961, HB399, HB868, HB905, HB180, HB192, HB284, HB476, HB915, HB952, HB1006, HB401, HB51, HB58, HB140, HB982, HB1010, HB750, HB911, HB977, HB901, HR20, HR74, HB9, HB151, HB193, HB310, HB393, HB459, HB577, HB582, HB605, HB614, HB615, HB682, HB733, HB773
LA

Louisiana 2026 Regular Session

House of Representatives Apr 13th, 2026

Louisiana House Floor Meeting