Video & Transcript : 'adjusted gross receipts' :

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MN

Minnesota 2025-2026 Regular Session

House Public Safety Finance and Policy Committee 2/18/25

Public Safety Finance and Policy

Transcript Highlights:
  • I can cite literally dozens of other examples, like harassing a gray wolf, a gross misdemeanor.
  • misdemeanor and I animal that's a gross misdemeanor and I can<00:16:12.160><c> cite</c><00:16:12.920
  • </c> examples harassing a gray wolf a gross examples harassing a gray wolf a gross misdemeanor<00:16:
  • or evidence or whatever they receipts or evidence or whatever they need<00:43:32.319><c> to</c><00:43
  • Thank you. the receipts you're not complying versus the receipts you're not complying versus if<00:56
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 04/09/25

Taxes

Transcript Highlights:
  • receipts tax.
  • receipts tax.
  • receipts tax.
  • receipts tax.
  • receipts tax.
Committee: Senate Taxes
ID

Idaho 2026 Regular Session

Legislative Session Day 65 Mar 17th, 2026

Idaho Senate Floor Meeting

Transcript Highlights:
  • me is the fact that the contribution is 100% tax-free, and the receiver is 100% tax-free on their receipt
  • speed limits, to provide that the speed limits for vehicles with five or more axles operating at a gross
  • To provide that the speed limits for vehicles with five or more axles operating at a gross weight of
  • This amendment streamlines and adjusts how monies will be handled under this new scheme.
  • The adjustments that you’re making, does the money earned from the plate still go into the trust that
NJ

New Jersey 2026-2027 Regular Session

Senate Budget and Appropriations Jun 4th, 2026

Senate Budget and Appropriations

Transcript Highlights:
  • for approval by the committee at the next regularly scheduled meeting of the Commission following receipt
  • approve or deny a recommended application if the Commission is not scheduled to meet within 30 days of receipt
  • If the Commission is not scheduled to meet within 30 days of receipt of a recommended application, the
  • Applying the ABC test to insurance producers would not be a technical adjustment.
  • Applying the ABC test to insurance producers would not be a technical adjustment.
FL

Florida 2026 Regular Session

Finance and Tax Jan 28th, 2026

Finance and Tax

Transcript Highlights:
  • overages that we were seeing throughout the fiscal year between the different tax sources and then adjust
  • And then if you're a taxpayer that has gross receipts that are under $31 million, you can deduct expenses
  • And the rate, the corporate income tax rate, was adjusted to account for that increase.
  • What effect do you believe that $3.5 billion in reduced general revenue receipts has on the overall projection
Bills: S0110 , S0434 , S0856
Summary: The committee heard and passed three bills before moving to a staff presentation on the state revenue forecast and the federal One Big Beautiful Bill Act. SB 856, by Senator DeSantis? [sic], would require online real estate listing platforms to display estimated property taxes for residential properties using prescribed methods and DOR-developed formulas rather than the current owner’s tax bill. Supporters from county, city, and property appraiser groups said the bill would improve transparency and help homebuyers avoid surprise tax and escrow increases. The bill was reported favorably after debate about making sure the estimate appears on realtor and platform sites for first-time buyers. SB 110, by Senator Arrington, was amended and then reported favorably. The bill clarifies that people holding 98-year-or-longer residential leases remain eligible for the homestead tax exemption even if the lease ends upon the tenant’s death, aligning those leaseholds with life estates for estate-planning purposes. The amendment, supported by the Florida Bar’s real property, probate and trust law section, clarified that lease provisions terminating at death are valid under current law. SB 434, by Senator Leak, was also reported favorably; it would prevent property tax assessments from reflecting increased just value attributable to wind-hardening improvements such as stronger roof attachments, shutters, and roof-to-wall reinforcements. The committee then received an update from staff director Azar Khan on the new general revenue forecast. He said collections had been running slightly above estimate overall, but the Revenue Estimating Conference reduced corporate income tax projections because of weaker recent collections and uncertainty around tariffs, while increasing some other revenue sources. Members then discussed the federal One Big Beautiful Bill Act, which staff said would significantly reduce Florida corporate income tax revenue, with a large first-year impact driven by retroactive provisions such as bonus depreciation, research expensing, and business interest deductions. Senators and the appropriations chair said the forecast and federal changes would affect budget planning, and the committee adjourned after noting the bills had been favorably reported and the meeting was complete.
WA

Washington 2025-2026 Regular Session

House Finance Jan 23rd, 2026

Transcript Highlights:
  • are loans secured by first mortgages or trustees on non-transient residential properties from their gross
  • receipts.
  • the economic and tax environment for these systems in other states, and make recommendations about adjusting
  • For determining that what would they have paid over the next 30 years, and we adjusted most of those
  • County treasurers need to be in timely receipt of funds in order to make debt payments, and we suggest
Summary: House Finance met on Friday, January 23rd, and heard three bills. On House Bill 2194, staff explained that the bill would allow a county and a city within that county to both impose the cultural access sales and use tax at the same time, with the county providing a credit for the city tax. Representative Parsley said the change would let more jurisdictions support cultural, arts, science, and school-related programs. Olympia and Thurston County officials testified in support, describing grant funding for cultural organizations, free programming, and school access benefits; a committee member raised a question about how the change could affect county bond obligations. The committee then heard House Bill 2089, which would narrow a B&O tax preference for first mortgage interest by removing the requirement that a financial institution be located in 10 or more states, and direct the resulting revenue to the wildfire response, forest restoration, and community resilience account. Staff said the bill would raise significant revenue and have implementation costs for the Department of Revenue. Representative Scott said the bill was intended to restore wildfire funding and limit the preference to community banks, while opponents from the Washington Bankers Association and Community Bankers of Washington warned the bill could harm community banks and mortgage lending if not drafted carefully. The Department of Natural Resources and a public employee representative supported restoring wildfire preparedness funding. Finally, the committee heard a proposed third substitute for House Bill 1960, which would replace property taxation for new or repowered large renewable energy facilities and battery storage systems with a state and local excise tax structure, while also creating a local investment distribution account and a tribal capacity grant program. Staff and the sponsor described the bill as a way to reduce property tax shifts onto nearby taxpayers and provide more stable, predictable revenue for local governments and tribes. County officials, assessors, treasurers, and some clean energy and conservation groups supported the concept but asked for clearer definitions, payment timing, and rate adjustments; utilities and renewable developers said they supported the goal but opposed the bill as drafted because of concerns about the rates and the treatment of centrally assessed utilities. No votes were taken, and the committee adjourned after closing the hearings on all three bills.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 1/23/25

Taxes

Transcript Highlights:
  • Income tax receipts, corporate tax receipts, and receipts on the state general levy are not dedicated
  • This aid is funded through a 10% gross receipts tax on retail sales of cannabis products.
  • </c><01:04:25.960><c> receipts</c> funded through a 10% grow gross receipts funded through a 10% grow
  • gross receipts tax<01:04:26.799><c> on</c><01:04:27.000><c> retail</c><01:04:27.359><c> sales</c><01
  • so</c> um cannabis um gross receipts tax and so um cannabis um gross receipts tax and so we<01:05:48.319
Committee: House Taxes
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Feb 27th, 2026 at 02:30 pm

Ways & Means

Transcript Highlights:
  • Fee adjustments would be based on documented expenditures, workload analysis, and limited strictly to
  • Fee adjustments would be based on documented expenditures, workload analysis, and limited strictly to
  • This bill will also have an indeterminate impact to cash receipts.
  • The bill specifies that participation in the grant program and receipt of grant monies does not limit
  • That concludes a hearing on gross substitute House Bill 2508. Next is House Bill 2249.
Bills: HB2521 , HB2249 , HB1796
Committee: Senate Ways & Means
WA

Washington 2025-2026 Regular Session

House Consumer Protection & Business Jan 27th, 2026 at 01:30 pm

Consumer Protection & Business

Transcript Highlights:
  • However, if 30% of the borrower's gross monthly income is lower than the inflation-adjusted $1,200, then
  • the amount that is 30% of the borrower's gross monthly income would continue to control the maximum
  • HB 2361 makes a reasonable adjustment to the limit.
  • HB 2361 is a simple, reasonable adjustment to a 30-year-old limit.
  • HB 2361 is a simple, reasonable adjustment to a 30-year-old limit that will provide your constituents
WA

Washington 2025-2026 Regular Session

Senate Rules Committee Feb 27th, 2026

Transcript Highlights:
  • President, is in gross substitute House bill 2476, which meets neither one of those requirements.
  • I move that we move in gross substitute house bill 2476 from the white sheet to the floor.
  • Senator Brown moves in a gross substitute house bill.
  • Senator Brown moves in a gross substitute House bill. 2557.
  • No later than 35 days following the receipt of consent to evaluate the student.
Summary: The Senate considered a consent calendar package and a regular calendar package, both described as bipartisan and unanimously supported, and both motions to advance them passed by voice vote. The body then moved a series of House bills from the white sheet to the floor calendar, with no recorded roll-call votes and generally little or no opposition. Topics included ghost guns and 3D-printed firearms (HB 2320), updating terminology from “alien” to “non-citizen” (HB 2632), inmate indigency thresholds (SHB 2539), incident reporting by private detention facilities (HB 2464), electronic notarization (SHB 2158), theater alcohol licensing and safeguards for minors (ESHB 2476), behavioral health coordination and training for schools and educational service districts (E3SHB 1634), non-compete law fixes (ESHB 1155), manufactured home rent increase notices (SHB 2452), false identification as a peace officer (ESHB 2165), permit timelines for certain special purpose districts (E2SHB 2418), life insurance lapse notifications to third parties (SHB 2428), agricultural regulatory stress and a task force study (HB 2619), ambulance staffing by registered nurses in certain transports (ESHB 2110), special education report timelines and meeting notice for parents (ESHB 2557), and siting standards for step housing, including permanent supportive, transitional, and indoor emergency housing (ESHB 2266).
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Feb 27th, 2026

Transcript Highlights:
  • Fee adjustments would be based on documented expenditures, workload analysis, and limited strictly to
  • This bill will also have an indeterminate impact to cash receipts.
  • The bill specifies that participation in the grant program and receipt of grant monies does not limit
  • That concludes a hearing on Gross Substitute House Bill 2508. Next is House Bill 2249.
  • That concludes a hearing on gross substitute House Bill 2508. Next is House Bill 2249.
Summary: The committee first suspended the five-day notice rule and then heard House Bill 2521 on firearm background check fees. Staff explained that the bill would remove the $18 fee cap and allow Washington State Patrol to set fees based on actual program costs, which could be about $33 to $35 per check. Supporters said the change was needed to keep the background check system operating and avoid delays and layoffs; opponents argued it would burden lawful gun owners and amount to an unconstitutional tax or barrier to a constitutional right. No vote was taken in the hearing. Members then heard Substitute House Bill 2475 on language-accessible public programs, which would direct the Office of Equity to develop uniform language-access guidelines, address interpreter and translator shortages, and require agency implementation reporting. Testimony was strongly supportive, emphasizing the need for consistent access for limited-English-proficient residents and the benefits for schools, families, and state services. The committee also heard Second Substitute House Bill 2479 on wage recovery, which would create a wage recovery fund to provide partial advance payments to low-wage workers with meritorious unpaid wage claims and adjust wage penalty provisions. Employers, labor advocates, and legal services representatives largely supported the bill as a bipartisan, worker-protection measure funded by penalties rather than the general fund. The committee next took up Engrossed Third Substitute House Bill 1960 on renewable energy tax incentives, which would replace existing property tax and excise tax provisions with a new state and local renewable energy excise tax structure and related grant programs for local governments and tribes. Counties, utilities, developers, and tribal representatives generally supported the bill’s goal of stabilizing tax treatment for renewable projects, though several witnesses said they wanted amendments to address rates, timing, and late-stage project impacts. The committee also heard Substitute Senate Bill 5932 on alternative jet fuel incentives, which would change the timing and duration of existing tax preferences; supporters said it would provide certainty for emerging sustainable aviation fuel projects, while one refinery sought clarification and a broader county threshold. Later, the committee heard Engrossed Substitute House Bill 2238 on statewide food security, directing the Department of Agriculture to monitor food system performance and develop a statewide food security strategy. Agricultural groups, grocers, anti-hunger advocates, and farmers supported the bill as a coordination effort to improve food access, affordability, and supply chain resilience. The committee then heard Engrossed Second Substitute House Bill 1903, which would create a statewide low-income energy assistance program through the Department of Commerce; supporters said it would address growing unmet need and complement existing utility programs, while opponents said it did not address the root causes of rising energy costs. Finally, the committee heard Engrossed Second Substitute House Bill 2416 on waste-to-energy facilities under the Climate Commitment Act and Engrossed Second Substitute House Bill 2515 on large energy-use facilities (data centers), both of which drew mixed testimony centered on balancing emissions, ratepayer impacts, reliability, and environmental or tribal concerns. No final votes were taken in the hearing.
NM
Transcript Highlights:
  • New language requires that the division evaluate and adjust registration fees a minimum of once every
  • operating costs are about $26... ...and those funds are paid out of federal funds, as well as the gross
  • receipts tax—the regional transit gross receipts taxes that the RTD got approved a number of years ago
  • District 3 office to the job site. and worked with the village of Las Lunas and their contractors to adjust
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Jan 14th, 2026 at 08:34 am

House Appropriations & Finance

Transcript Highlights:
  • Our rate increases for the DD providers included a parity adjustment for occupational therapy.
  • I believe it's a gross receipts tax increment.
  • But I think there are a lot of issues around gross receipts tax on services that could be looked at,
  • We're already talking about, okay, what's the impact on the gross receipts?
  • Chair, Representative Herndon, I believe you're referring to on the executive side adjustments.
HI

Hawaii 2025 Regular Session

Senate Floor Session 04-30-2025 9:30am

Hawaii Senate Floor Meeting

Transcript Highlights:
  • I believe we're in receipt of the communication from the Department of Taxation.
  • ><c> the</c><01:27:06.320><c> communication</c> we're in receipt of the communication we're in receipt
  • </c><01:28:42.480><c> rental</c> existing law, 1% of all gross rental existing law, 1% of all gross rental
  • rental proceeds as formula to use gross rental proceeds as the<01:28:59.600><c> base.
  • Is there adjustments for state programs. Is there any<01:40:46.159><c> discussion?
NM
Transcript Highlights:
  • Is the construction materials gross receipts, Senate Bill 120, which is the local journalist employment
  • Creates a new gross receipts tax deduction for receipts from the sale of construction materials and labor
  • Creates a new gross receipts tax deduction for receipts from the sale of certain in-office equipment
  • Los Lunas gross receipts tax has increased by 85%.
  • After natural gas prices collapsed in 2009, the city of Farmington lost nearly 20% of its gross receipts
Summary: The committee first took up the proposed 2026 tax package, Senate Bill 151, and adopted a committee substitute after discussion of the package’s funding capacity and included measures. The substitute bundled five bills: a physician tax credit, a quantum facility infrastructure tax credit, a construction materials gross receipts deduction for affordable multifamily housing, a local journalist employment tax credit, and a health equipment gross receipts deduction. Members discussed amendments that raised the physician credit from $4,000 to $10,000, narrowed the housing deduction to project-based certification, and reduced the journalist credit threshold from four stories to three. Concerns were raised about the fiscal impact on municipalities, especially Albuquerque, and about the funding mechanism, but the committee voted 6-4 to give the substitute a do pass recommendation. Senator Sanchez explained his vote, saying he wished more could have been included in the package. The committee then heard Senate Bill 18, the Clear Horizons Act, which would codify statewide greenhouse gas reduction targets and direct the Environment Department and Environmental Improvement Board to develop plans and rules for emissions reductions. The sponsors said the bill builds on the governor’s 2019 executive order, includes a 10,000-metric-ton threshold for covered emitters, allows certified offsets, and is intended to protect public health, reduce climate-related costs, and provide regulatory certainty. Supporters argued the bill would help communities facing wildfire, drought, health harms, and rising insurance and utility costs, and that it would encourage clean-energy investment and long-term economic stability. Opposition testimony came from mining, oil and gas, rural electric cooperatives, construction, agriculture, auto dealers, chambers of commerce, banks, water recycling companies, and realtors. They argued the bill functions like a carbon tax or broad regulatory mandate, would raise energy and compliance costs, could reduce investment and jobs, and would disproportionately affect rural, tribal, agricultural, and low-income communities. Several witnesses warned of higher electricity and fuel bills, revenue losses for local governments, and uncertainty from delegating major policy decisions to rulemaking. Supporters included public health advocates, educators, local officials, clean-energy businesses, tribal and environmental advocates, and residents affected by wildfire and drought, who said the bill is necessary to address climate harms and protect public health and the economy. No final committee vote on SB 18 was reached in the portion provided.
LA

Louisiana 2026 Regular Session

House of Representatives May 13th, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • House receipt of a privilege report from the Legislative Bureau.
  • House and receipt of a privilege report from the Legislative Bureau.
  • Yes, for malfeasance and gross misconduct. But she, the...
  • This is specific to this bill for malfeasance and gross misconduct.
  • The commission of malfeasance, gross negligence, as a civil standard, right?
Bills: HR275 , HR276 , HR277 , HR278 , HR279 , HR280 , HR281 , HR282 , HR283 , HR284 , HCR112 , HCR113 , HR265 , HR266 , HR267 , HR268 , HR269 , HR270 , HR271 , HR272 , HR273 , HCR107 , HCR108 , HCR109 , HCR110 , HCR111 , SCR63 , SCR66 , SCR67 , SB414 , SB484 , SB513 , HR168 , HR174 , HR194 , HR216 , HR264 , HCR54 , HCR74 , HCR79 , HCR85 , HCR87 , HCR94 , HCR95 , HCR97 , HCR98 , HCR104 , SCR23 , SCR29 , SCR33 , SCR38 , HB75 , HB705 , SB54 , SB56 , SB72 , SB79 , SB97 , SB105 , SB123 , SB125 , SB129 , SB163 , SB171 , SB252 , SB287 , SB375 , SB386 , SB461 , SB466 , HR84 , HR188 , HR205 , HR3 , HR197 , HR243 , SCR19 , SCR3 , SCR6 , SCR18 , SCR11 , SCR22 , SCR2 , SCR20 , SCR24 , SCR35 , HCR6 , HB301 , HB359 , HB657 , HB675 , HB680 , HB727 , HB39 , HB58 , HB112 , HB134 , HB155 , HB187 , HB287 , HB462 , HB782 , HB825 , HB846 , HB903 , HB904 , HB929 , HB941 , HB962 , HB1200 , HB4 , HB623 , HB944 , HB986 , HB1098 , HB1222 , SB45 , SB58 , SB71 , SB81 , SB92 , SB100 , SB109 , SB141 , SB156 , SB181 , SB203 , SB204 , SB205 , SB207 , SB213 , SB214 , SB216 , SB229 , SB257 , SB274 , SB290 , SB304 , SB374 , SB379 , SB396 , SB410 , SB425 , SB427 , SB429 , SB479 , SB522 , SB34 , SB164 , SB172 , SB198 , SB208 , SB232 , SB281 , SB286 , SB317 , SB322 , SB334 , SB380 , SB385 , SB409 , SB417 , SB421 , SB430 , SB439 , SB447 , SB458 , SB510 , HB842 , HB633 , HB1191 , HB625 , HB1255 , HB251 , HB582 , HB646 , HB819 , HB998 , HB1257 , SB197 , SB436 , SB78 , HB901 , HR20 , HR74 , HCR65 , HCR71 , HB284 , HB302 , HB306 , HB341 , HB366 , HB393 , HB458 , HB577 , HB603 , HB605 , HB614 , HB733 , HB752 , HB773 , HB798 , HB911 , HB955 , HB996 , HB1035 , HB1069 , HB1113 , HB1140 , HB1180 , HB1240 , SB82 , SB89 , HB258 , SB149 , SB382 , SB441
Summary: The House met with a quorum and began with prayer, the Pledge of Allegiance, and several personal privileges recognizing National Police Week, fallen law enforcement officers, a young Olympic weightlifter, a community sports agent, a deceased coach, Alpha Phi Alpha Fraternity Day, the Louisiana Cattlemen’s Association, aviation professionals, and a birthday tribute. The chamber also received Senate messages, committee reports, and a long series of resolutions and bills, many of which were adopted or concurred in without objection. Several measures were returned to the calendar, while others were advanced with technical or clarifying amendments. A major portion of the meeting focused on resolutions honoring or commemorating people and groups, including National Police Week, Barron Baker, Paul T. Derezel II, Coach Emilio Tese, Alpha Phi Alpha, Louisiana Realtors Day, Special Olympics Louisiana, and various memorial highway designations. The House also adopted or concurred in resolutions on topics such as DOTD signage, shrimp procurement, geothermal energy, opioid settlement reporting, hospital design standards, Medicaid redetermination flexibility, chronic wasting disease management, remote online notarization, and a task force on intestate succession. Testimony on these items was generally supportive and brief, with sponsors explaining that most were technical, commemorative, or requests for study. The chamber also took up several substantive bills and Senate amendments. Among the measures concurred in were bills on peace officer citizenship requirements, post-conviction bail limits, portable benefits for independent contractors, workforce development, construction debris burning, license plate coverings, insurance and captive insurers, oil field indemnification, and rural infrastructure financing. One notable bill, HB 39 on peace officer citizenship, drew questions about National Guard members and legal permanent residents before the House concurred in the Senate amendments by a 74-22 vote. HB 134 on harmful material and interactive computer services had its Senate amendments rejected, while HB 359 on nonaffiliated candidates was temporarily returned to the calendar. The most extended debate came on the conference committee report for HB 842, which addressed Louisiana election law in response to the federal Callais decision. Members questioned how the report would affect the current congressional election cycle, absentee ballots, qualifying dates, signature requirements, and whether the closed party primary for U.S. House races had been canceled in favor of an open primary in the fall. The sponsor explained that the report cancels the current closed party primary for congressional races, voids ballots cast in that canceled election, returns qualifying fees, lowers petition-signature requirements, and sets new dates for the open primary and runoff. The House suspended the rules to consider the report the same day it was received, and the discussion highlighted concerns about election administration, district maps, and the scope of the changes before the chamber moved forward.
MN

Minnesota 2025-2026 Regular Session

Committee on Jobs and Economic Development - 03/05/25

Jobs and Economic Development

Transcript Highlights:
  • your business needed to be established then, registered with the Secretary of State, you had to have gross
  • revenue of less than have gross revenue of less than $750,000<00:04:11.560><c> and</c><00:04:11.760>
  • We've adjusted the role of community partners to go forward versus backwards.
  • the role of Community um we've adjusted the role of Community Partners<00:13:02.320><c> to</c><00:13
  • </c> get these done and so that adjustment get these done and so that adjustment would<00:58:09.960><
FL

Florida 2025 Regular Session

House in Session Apr 3rd, 2025

Florida House Floor Meeting

Transcript Highlights:
  • Representative Gross, Senate Bill 72 be substituted for HB 717 and the Senate Bill be read by title.
  • reiterate the conversation I've had with you and many other members, as you can turn those read receipts
  • Requires petitions to be turned in within 10 days of receipt instead of 30.
  • Just a gross misuse of state dollars and shocking state dollars and shocking for the public to see.
  • This bill adjusts the corporate limits of Parkland by annexing the land between the two cities.
Bills: HB 9 , HB 22 , HB 908 , HB 1392
AR

Arkansas 2026 Regular Session

ARKANSAS LEGISLATIVE COUNCIL (ALC) Mar 20th, 2026

ARKANSAS LEGISLATIVE COUNCIL (ALC)

Transcript Highlights:
  • They're collecting gross revenues.
  • As we're moving to page number two, on page number three, you're going to see gross receipts tax.
  • That's been known across the country, so we made those adjustments there.
  • steps necessary to continue to operate the program in accordance with the assurances made for the receipt
MN

Minnesota 2025-2026 Regular Session

November 2025 State Budget and Economic Forecast Presentation - 12/04/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • </c><00:08:59.200><c> SPGMI</c> gross domestic product. SPGMI gross domestic product.
  • Our decreased forecast in gross sales tax receipts reflects weaker than expected collection since end
  • :46.799><c> and</c> adjusting for carry forward and adjusting for carry forward and discretionary<00:
  • The table on the slide shows the impact of these adjustments.
  • So what the of these adjustments.