Video & Transcript : 'nominal transactions' :

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WA

Washington 2025-2026 Regular Session

Senate Floor Session Mar 5th, 2026 at 06:30 pm

Washington Senate Floor Meeting

Transcript Highlights:
  • An act relating to clarifying consumer protections regarding unsolicited real estate transactions for
  • everything after the enacting clause and insert the following: appraisal prior to the closing of the transaction
  • everything after the enacting clause and insert the following: appraisal prior to the closing of the transaction
  • An act relating to adjusting the price of a cash transaction to eliminate the need for pennies.
  • So many of us do use credit or debit cards for transactions, but cash transactions still do happen, especially
WA

Washington 2025-2026 Regular Session

Senate Floor Session Mar 3rd, 2026

Washington Senate Floor Meeting

Summary: The Senate considered and passed several House bills. Substitute House Bill 2152, known as Ryan’s Law, would allow limited medical cannabis use for qualifying end-of-life patients in hospitals, nursing homes, and hospice facilities; supporters said it would improve quality of life, and it passed 46-2. Engrossed Substitute House Bill 1604, dealing with search procedures for transgender and intersex individuals confined in local jails and codifying federal Prison Rape Elimination Act-related standards, drew debate over whether amendments were needed and whether the bill would burden or protect staff and inmates; two amendments were rejected, and the bill passed 30-19. Second Substitute House Bill 1906, as amended, increased transparency and consumer protections for water system rates, especially for older or smaller systems, and passed unanimously 49-0. Engrossed Substitute House Bill 1916 tightened voter registration challenge procedures and gave county auditors more discretion in handling challenges; an amendment to broaden who could challenge voters statewide was rejected, and the bill passed 49-0. Engrossed Substitute House Bill 2110, as amended, allowed registered nurses without EMT certification to staff certain inter-facility ambulance transports under specified conditions to reduce delays, and it also passed 49-0. The Senate also passed Second Substitute House Bill 2429, which extends and updates the Children and Youth Behavioral Health Work Group and aligns agency planning with the Washington Thriving Strategic Plan; a committee striker was adopted despite concerns about added government structure, and the bill passed 49-0. Second Substitute House Bill 2384, increasing oversight of continuing care retirement communities through actuarial review and Office of Insurance Commissioner oversight, passed 37-12 after the chamber rejected the committee striker and adopted a revised striking amendment. The session ended with a point of personal privilege from Senator Lovick and an adjournment motion, and the Senate adjourned until March 4, 2026.
CA
Transcript Highlights:
  • You're also going to hear some pretty exceptional comments, including from 10-time Academy Award-nominated
  • AB 1793 would legalize the symmetrical rounding of cash transactions to the nearest nickel.
  • Electronic or credit card transactions will be unaffected.
  • In the absence of clear federal guidance, the bill facilitates a small... ...credit card transactions
  • This bill clarifies how the rounding-based cash-based transaction takes place.
Summary: The committee heard and advanced several tax-related bills, beginning with AB 760, which would exempt settlement payments tied to the Garden Grove chemical incident from California income tax. The author and a school district trustee described evacuations, school closures, and losses to residents, businesses, students, and staff, arguing the payments should make victims whole rather than be taxed. There was support from the Orange County Board of Supervisors, no opposition, and the bill passed 3-0 to Appropriations, with committee amendments accepted. Members then heard AB 2319, creating a California post-production tax credit for film and television work done in-state, even when principal photography occurred elsewhere or the project did not receive the existing film credit. The author and supporters from the Motion Picture Editors Guild, California Post Alliance, and others said post-production jobs and facilities are leaving California and that the bill would help retain high-wage work; opponents were not present. The committee members generally supported the measure, and it passed 3-0 to Appropriations. AB 2186 followed, excluding future reparations benefits for descendants of formerly enslaved people from state income tax. The author and NAACP California-Hawaii State Conference said taxing such benefits would undermine reparative justice; there was no opposition, and the bill passed 3-0. The committee also heard AB 762, which would ban the sale of disposable nicotine vapes and add enforcement tools. Supporters, including waste, recycling, local government, and public health groups, said disposable vapes create fire hazards, waste problems, and costs for local agencies; opponents argued the bill would mainly eliminate the legal market while leaving illicit products untouched and urged stronger enforcement instead. The author accepted committee amendments adding CDTFA enforcement, but the bill was not voted on because a motion was pending and members were absent. Later, AB 1519, AB 2172, AB 2222, AB 1793, AB 2089, and AB 1265 were heard and each received support from committee members and passed 2-0 or 3-0 to Appropriations, with amendments accepted where noted. AB 1519 clarified that the 20-year tax collection statute of limitations should not be reset by later fees or penalties; AB 2172 would let large counties use a single assessment appeals commissioner for complex property tax appeals; AB 2222 would create a temporary tax credit for local news organizations to retain and hire journalists; AB 1793 would authorize symmetrical cash rounding to the nearest nickel after the federal penny phaseout; AB 2089 would streamline the welfare exemption filing process for affordable housing; and AB 1265 would extend and revise the historic building tax credit to encourage adaptive reuse for housing and mixed-use projects.
AZ

Arizona 2026 Regular Session

03/03/2026 - House Floor Session

Arizona House Floor Meeting

Transcript Highlights:
  • And so this is something that needs to be resolved so that taxpayers know where to source their transactions
  • House Bill 2290, amending Section 42540, A.R.S., relating to transaction privilege tax.
  • House Bill 2290, amending Section 42540, A.R.S., relating to transaction privilege tax.
  • Taxpayers need to know where they should be sourcing their transactions, so they're not subject to being
  • audited by two different locations with regard to one particular transaction.
AR

Arkansas 2026 Regular Session

ALC-PEER Jun 16th, 2026

ALC-PEER

Transcript Highlights:
  • So they actually hold the paper on all the trades and the banking for the cash transactions, things like
  • So the governor is a nominal party in a case in California.
Committee: All ALC-PEER
VA
Transcript Highlights:
  • Thank you, and I will pick up the election by moving to nominate Delegate Paul Krizek as vice chair.
  • It would have ensured that transactions occurred in a regulated, consistent way that would allow for
ID

Idaho 2026 Regular Session

Legislative Session Day 65 Mar 17th, 2026

Idaho Senate Floor Meeting

Transcript Highlights:
  • So as long as you're not misleading someone, this would not apply to any transaction; providing some
  • But this clarifies this opportunity for an arm's-length transaction between a willing buyer and a willing
  • This may be beneficial, Senators, to, again, arm's-length transaction adults that want or enter into
  • But this clarifies this opportunity for an arm's-length transaction between a willing buyer and a willing
  • This may be beneficial, Senators, to, again, arm's-length transaction adults that want or enter into
CA
Transcript Highlights:
  • It actually does contain nominally foreign-source income in the context of subpart F income.
  • was going to essentially move to a worldwide combined reporting concept in order to deal with transactions
  • was going to essentially move to a worldwide combined reporting concept in order to deal with transactions
  • are, intercompany transactions are.
  • adjustments to that income or to your expenses and to support how you have these intercompany transactions
Summary: The joint informational hearing focused on California’s taxation of foreign subsidiaries of U.S. corporations, especially the state’s water’s-edge election versus worldwide combined reporting. Committee members and witnesses discussed how unitary taxation and sales-factor apportionment work, why multinational corporations are a small share of filers but a large share of tax liability, and how foreign income, profit shifting, and double taxation concerns affect policy choices. The Franchise Tax Board explained current filing rules, the seven-year water’s-edge election, and recent filing statistics showing about 21,562 water’s-edge returns in 2023, roughly 6% of C corporation filers but about half of corporate tax liability. The Legislative Analyst’s Office and FTB staff emphasized that revenue effects from eliminating water’s edge are uncertain because foreign affiliate income is not directly observable, and they noted possible revenue volatility and administrative complexity. Several committee members asked about foreign government pushback, the burden on FTB, whether certain industries are more likely to shift profits, and whether companies would leave California; witnesses generally said there was no strong evidence that firms would exit the state because tax liability is driven mainly by California sales. They also discussed how California already administers both methods, how the election can be advantageous or disadvantageous depending on a firm’s facts, and how federal reforms like GILTI/NCTI, CAMT, and OECD Pillar Two may affect the issue. The second panel presented sharply contrasting views. One professor and a tax policy advocate argued that water’s edge creates unfairness, encourages profit shifting, and leaves California with billions in lost revenue, while a Tax Foundation witness argued that mandatory worldwide reporting would tax the wrong income, create double taxation and litigation risk, and impose heavy compliance burdens, especially for foreign-based multinationals. A later panel from the California Budget and Policy Center supported closing the “water’s-edge loophole,” saying it would raise needed revenue for public services and level the playing field between large multinationals and smaller domestic businesses. No vote or formal action was taken; the hearing was informational only.
ID

Idaho 2026 Regular Session

Legislative Session Day 73 Mar 25th, 2026

Idaho House Floor Meeting

Transcript Highlights:
  • amending Section 34-606 to revise provisions regarding the election of presidential electors and nomination
  • for president; amending Section 34-703 to establish a provision regarding nomination at primary; and
  • It also amends Section 34-1214 to establish a provision regarding certificates of nomination or election
  • Hardly a line 11: if a seller is unable to settle cash transactions to the whole cent, look at line 24
LA

Louisiana 2026 Regular Session

House of Representatives Apr 7th, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • that the bill is even necessary because, in Louisiana, when someone either sells a vehicle for a nominal
  • But when you buy the car for a nominal amount, like a dollar, or when it's donated, the DMV uses fair
  • So my amendment just basically says if you have a licensed realtor or a licensed attorney in the transaction
  • activities, relative to cancellation, relative to voters, confidentiality, registration, annual canvass, nominating
  • of Voters to assist with other parish offices, and the Register of Voters with certification and nominating
Summary: The House convened with a quorum, prayer, and the Pledge of Allegiance, then moved through a long morning of personal privileges, commemorations, and resolution introductions. Members recognized Coca-Cola United for its Louisiana economic impact and community work, designated April 7 as Coca-Cola Day, celebrated Ponchatoula Strawberry Festival Day, Dad’s Day, and other guests and honorees, including a science fair participant, Jack and Jill of America, and a birthday recognition. The House also introduced numerous resolutions on topics including awareness days, condolences, civic education, health, and local commemorations, and several were adopted or advanced without objection. The chamber then took up a series of bills and committee reports. Among the measures advanced were bills on constitutional convention procedures, criminal justice and post-conviction relief, public meetings, health care, education, insurance, natural resources, and local government. Several bills were reported favorably or with amendments and moved to third reading, including measures on school resource officers, pharmacy benefit managers, rural health clinics, the LSU Energy Institute, and live broadcasting of public meetings. The House also passed bills recreating the Department of Treasury, requiring cash acceptance or cash-to-credit options at state public facilities, funding municipal fire and police civil service administration, naming a highway segment for Sgt. Michael J. Guillory, and clarifying legislative review of certain contract amendments. Floor debate centered on a few substantive bills. HB 134, which would prohibit platforms from delivering pornography to minor accounts and authorize Attorney General enforcement, passed 98-0. HB 170, clarifying when the prescriptive period begins for certain construction-related claims, passed 89-7 after discussion of substantial completion and owner occupancy. HB 217, creating an optional property tax exemption for rehabilitation of blighted residential property, passed 83-13 after amendment. HB 259, addressing damage to infrastructure during broadband excavation and requiring notice, repair, and payment accountability, passed 98-0 after amendments. HB 308, requiring state public facilities to accept cash or provide a cash-to-credit machine, passed 98-0. HB 360, naming a highway memorial for Sgt. Michael J. Guillory, passed 101-0. HB 382, streamlining budget committee review of certain contract amendments, passed 96-0. The House also debated HB 410, a privacy bill requiring notice when a participant in a direct in-person conversation is being recorded, with exceptions for law enforcement, evidence of crime, and certain civil or administrative proceedings. Members raised concerns about the scope of the exceptions, undercover journalism, and the relationship to Louisiana’s one-party consent wiretapping law, but the bill’s sponsor said it would not change criminal wiretapping law and was modeled on other states’ approaches. The transcript ends during that debate, with no final vote shown for HB 410.
NM

New Mexico 2025 Regular Session

IC - Revenue Stabilization and Tax Policy Aug 14th, 2025

Revenue Stabilization & Tax Policy Committee

Transcript Highlights:
  • entities that have a significant presence here, and because of that, we have these intercompany transactions
  • know that these related parties, these related corporations are engaging in these inter-company transactions
  • We don't know if those transactions have economic substance; we don't know if they're being priced properly
  • If we go to the next slide, then we'll show the total State Road Fund forecast in nominal terms.
FL

Florida 2025 Regular Session

March 4, 2025 - 01:30 PM

Transcript Highlights:
  • The state uses Wright Express, or WEX, to manage state agency fuel and expense transactions.
  • Basically, all the fuel and expense transactions captured in WEX are batch-loaded each night and sent
  • Actually, as a standard test, what we do is we look for transactions subsequent to when the cards were
  • believe there are surveys as part of the reappointment process, and our JCCs go before the Judicial Nominating
Summary: The subcommittee first heard a lengthy Auditor General presentation on the Department of Management Services’ fleet management operations. The audit found major problems with oversight, recordkeeping, policies, fee-setting, purchase and disposal approvals, public auction controls, and FleetWave system access and processing. Key findings included that 2,279 vehicles valued at more than $57 million could not be matched between FleetWave and FLAIR, disposal records were missing or incomplete, user access remained active long after employees separated, and the department had not documented a reasonable basis for its $1.75 per-vehicle monthly fee. Members expressed strong concern about the accuracy of the state’s fleet inventory and the risk of waste or misuse. DMS Secretary Allende said the department concurred with the findings, was working with the Auditor General, and planned corrective actions, including better training, clearer guidance, improved reconciliation, and possible centralization or pilot programs for fleet purchasing and management. The committee then returned to vacancy discussions with several agencies. The Division of Administrative Hearings said its two long-vacant judges of compensation claims positions had been hard to fill because of low pay and short reappointment terms, but the chief judge said the division could operate without them and offered those positions up as part of a reduction exercise. The Public Service Commission reported 42 vacancies but said statutory deadlines were still being met, though staff workloads and depth of analysis were affected. The commission also said vacancies help it manage salaries within its trust-fund budget. Members questioned whether some of those positions were truly needed given the lack of delays. The Florida Gaming Control Commission reported 29 vacancies, including a vacant chair that prevented appointment of an inspector general, and said the chair vacancy was a gubernatorial appointment issue. The acting executive director also said the commission’s compulsive gambling prevention program had lapsed after no responsive bids were received for a new contract, but an invitation to negotiate was nearly complete and a new provider was expected soon. The Public Employee Relations Commission reported that its caseload had more than doubled after Senate Bill 256, which increased union recertification work; it said it was meeting deadlines only with overtime and that the workload had not fallen despite decertifications. Members asked for follow-up data on union cases, vacancy needs, and whether some positions across agencies could be reallocated to better match workload.
LA

Louisiana 2026 Regular Session

House of Representatives Apr 20th, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • Redevelopment Authority; providing relative to the Greater Baton Rouge Water Conservation District, nominations
  • Redevelopment Authority; providing relative to the Greater Baton Rouge Water Conservation District, nominations
  • Redevelopment Authority; providing relative to the Greater Baton Rouge Water Conservation District, nominations
  • Redevelopment Authority; providing relative to the Greater Baton Rouge Water Conservation District, nominations
  • relative to scrap metal recycling; provides for record-keeping and reporting requirements for certain transactions
Bills: HR165 , HR166 , HR167 , HR168 , HR169 , HR170 , HR171 , HR172 , HR173 , HR174 , HR175 , HR176 , HR177 , HR178 , HCR65 , HCR66 , HCR67 , HCR68 , HCR69 , HCR70 , HCR71 , HCR72 , HCR73 , HCR74 , HR159 , HR160 , HR161 , HR162 , HR163 , HR164 , HCR60 , HCR61 , HCR62 , HCR63 , HCR64 , SCR23 , SCR32 , SB105 , SB125 , SB304 , SB430 , SB438 , SB442 , SB522 , HB87 , HB115 , HB162 , HB368 , HB433 , HB441 , HB447 , HB466 , HB481 , HB573 , HB741 , HB1242 , HR1 , HR17 , HCR5 , HCR4 , HCR47 , HB27 , HB71 , HB214 , HB225 , HB241 , HB244 , HB306 , HB345 , HB366 , HB446 , HB511 , HB514 , HB655 , HB730 , HB743 , HB1027 , HB1037 , HB1043 , HB1082 , HB1091 , HB1096 , HB1103 , HB1167 , HB1174 , HB1175 , HB1230 , HB1237 , HB1238 , HB55 , HB385 , HB394 , HB396 , HB406 , HB608 , HB622 , HB676 , HB772 , HB897 , HB1030 , HB1035 , HB1038 , HB1045 , HB1049 , HB1056 , HB1058 , HB1059 , HB1092 , HB1100 , HB1117 , HB1160 , HB1161 , HB1162 , HB1177 , HB1180 , HB1189 , HB1216 , HB1239 , HB1240 , HB59 , HB74 , HB159 , HB330 , HB364 , HB414 , HB458 , HB525 , HB568 , HB786 , HB1008 , HB1033 , HB1034 , HB1041 , HB1062 , HB1070 , HB1079 , HB1112 , HB1118 , HB1139 , HB1151 , HB1176 , HB1182 , HB1196 , HB1214 , HB1241 , SB162 , SB349 , SB350 , SB382 , SB383 , SB127 , SB244 , HB51 , HB58 , HB140 , HB750 , HB911 , HB982 , HB1010 , HB151 , HB180 , HB192 , HB193 , HB310 , HB635 , HB690 , HB961 , HB1003 , HB1146 , HB864 , HB977 , HB181 , HB31 , HB664 , HB615 , HB901 , HR20 , HR74 , HB9 , HB284 , HB393 , HB459 , HB577 , HB582 , HB605 , HB614 , HB682 , HB733 , HB773 , HB996 , HB1113 , HB1234 , HB1236
Summary: The House convened with a quorum, opened with prayer and the pledge, adopted the journal, and granted several members leave. The chamber also recognized visiting groups and honored individuals and organizations, including Livingston Parish Day at the Capitol, the Denham Springs High School robotics team, Principal Justin Wax, and the Louisiana Primary Care Association. Multiple House and Senate resolutions were introduced, adopted, or referred, including commendations, memorials, and study requests on topics such as TOPS, workforce outcomes, health issues, and transportation. In regular order, the House considered and passed several measures. HB 27, a constitutional amendment on applying state monies to retirement system unfunded liabilities, passed 87-0. HB 71, extending civil liability protection to licensed armed private security officers when use of force is deemed justified, drew extensive debate over training standards, criminal versus civil liability, and the role of prosecutors and law enforcement before passing 70-28. HB 214, a constitutional amendment on ad valorem tax exemptions for certain property, passed 82-10. HB 241, a technical correction to bank records disclosure law, passed 91-0. HB 244, clarifying constitutional convention ballot language and delegate/vote requirements, passed 77-16. The House also passed HB 345 to add port rail infrastructure to the Class 2 and Class 3 Rail Infrastructure Improvement Program, HB 446 to change when local bond and tax elections may be held, HB 511 to create a grant program for pursuit intervention safety technology after the death of Sgt. Grant Candies, HB 514 to expand the ad valorem tax exemption for seniors age 65 and older, and HB 65 to allow DOTD more contracting options for ferry operation and maintenance. HB 730, which would bar use of ADS-B aircraft tracking data to levy fees or taxes, prompted lengthy discussion about aviation safety, privacy, airport revenue, and alleged misuse of tracking data before the bill was presented for final action near the end of the transcript.
MS

Mississippi 2026 Regular Session

Accountability, Efficiency, Transparency - Room 210; 28 January, 2026: 10:30 AM

Accountability, Efficiency, Transparency

Transcript Highlights:
  • The nomination and election of a secretary. >> I'll nominate Senator Lane Taylor. >> Senator Lane Taylor
  • , you've heard the nominations. >> I second.
  • Any opposed to the nomination? All those in favor? Opposed? >> Ayes have it.
  • SWIB board and has to have approvals from them for uh The SWIB board has to approve financial transactions