Transcript Highlights:

• So again, in engrossed House Bill 2487, as a quick recap, the bill specifies that the B&O tax exemption
• for insurance businesses applies only to the insurer paying the premium tax and is limited to the revenue
• in which the premium tax was paid.
• Also, the tax impact resulting from the exemption changes to the ACS for insurers is negative.
• The first item on the list was House Bill 2487, concerning taxes imposed on insurers.

Bills: HB2487

Committee: Senate Ways & Means

Keywords: insurance tax, state regulation, insurers, taxation, budget impact, 904, all

Transcript Highlights:

• As a result, the affiliate owes neither B&O tax nor insurance premiums tax on the amounts it received
• Businesses not directly paying the premium tax would no longer be exempt from paying the B&O tax.
• So are you saying all those businesses you listed do not pay taxes? They don't pay the B&O taxes.
• have been paying B&O tax during this time than not paying B&O tax.
• tax of 2%.

Bills: HB2487

Committee: Senate Ways & Means

Keywords: insurance tax, state regulation, insurers, taxation, budget impact, 904, all

Transcript Highlights:

• Federal tax law allows deferred compensation plans to offer both pre-tax contributions and post-tax Roth
• Financial Services for the state plan and local governmental entities for local plans to allow post-tax
• The third item here is paying down tax-supported debt.
• Kelly, can you offer us any specifics about what the Governor would propose on property taxes?
• The governor is advocating to continue the Second Amendment sales tax holiday.

Bills: S7010

Committee: Senate Appropriations

Keywords: Roth contributions, deferred compensation, retirement savings, Florida Statutes, tax benefits

Summary: The Senate Committee on Appropriations met to take up SB 7010 by Senator Mayfield, which would authorize Roth post-tax contribution options in state and local deferred compensation plans. The bill was briefly explained, received one appearance in support, had no debate, and was reported favorably by roll call vote. The committee then heard a lengthy presentation from the Governor’s Office of Policy and Budget on the governor’s recommended $117.4 billion “Floridians’ First Budget.” The presentation highlighted major spending areas including education, health care, public safety, transportation, environmental restoration, and economic development. Key proposals included increased FEFP funding for K-12 schools, teacher salary funding, higher education support, Everglades and water quality funding, emergency preparedness reserves, corrections staffing and pay increases, law enforcement recruitment bonuses, cybersecurity, and affordable housing and infrastructure investments. Members asked extensive questions about property tax reserve planning, litigation funding, emergency response fund balances and expenditures, the use of federal reimbursement for the Everglades detention facilities, the animal abuse hotline, Hope Florida, corrections staffing, and the proposed reduction in ADAP eligibility for HIV/AIDS medication assistance. A member of the public also testified at length about concerns that the ADAP changes would harm access to life-saving medications and alleged improper shifting of program funds. Committee members and the presenter acknowledged follow-up questions on several items, but no additional votes or formal actions were taken beyond the favorable report on SB 7010 and adjournment.

Transcript Highlights:

• Independent School Districts, which are exempted from demonstrating the impact of the no-new-revenue tax
• What are the implications this might have for sales tax? I don't, I can't think of any, I don't.
• In a different currency, I would think that the law still requires that the sales tax be paid.
• I wrote down income tax. I wasn't even thinking about sales tax in Texas.
• Income tax. Sure. When the framers added the Second Amendment to the U.S. Bill of Rights...

Bills: HB 106 , HB144 , HB145 , HB252 , HB1732 , HB2221 , HB2467 , HB2468 , HB2517 , HB2518 , HB2963 , HB3016 , HB3689 , HB3960 , HB4386 , HB4490 , HB4751 , HB5247 , HJR175 , HB2213 , HB106 , HB144 , HB145 , HB252

Committee: Senate Business & Commerce

Keywords: HB 106, oil and gas, Railroad Commission of Texas, overhead electrical lines, electrical distribution system, power line maintenance, administrative penalty, Natural Resources Code, oil and gas lease, well operator, energy safety, utility infrastructure, regulatory compliance, cleanup fund, oil and gas regulation and cleanup fund, production safety, leasehold operations, electric utility, distribution poles, inspection

Bills: SB393 , SB414 , SB472 , SB578 , SB617 , SB710 , SB785 , SB973 , SB1059 , SB1062 , SB1352 , SB1450 , SB1502 , SB1547 , SB1566 , SB1567

Committee: Senate Local Government

Keywords: SB 393, Sparks, Middleton, local government, political subdivision, public securities, government debt, municipal bonds, general obligation bonds, certificates of obligation, anticipation notes, debt maturity, weighted average maturity, economic life, useful life, tangible personal property, real property improvements, public finance, Texas Government Code, Chapter 1253

Transcript Highlights:

• What's concerning is business pays the taxes, and when you see... The taxes.
• And when you see corporate income tax falling, when you see personal income tax falling, that's a long-term
• Alex gave a presentation, Tax and Rev, earlier, and last fall.
• Impetus of the tax credit initially. You can't just pick up the equipment and move out of state.
• And I just don't want our tax dollars going to fund races against me.

Bills: SB151 , HB8 , SB177

Committee: Senate Senate Finance

Keywords: corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials

Bills: SB151 , HB8 , SB177

Committee: Senate Senate Finance

Keywords: corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials

Transcript Highlights:

• : the tax exemptions for our service members, the back-to-school tax holiday, child care taxes, and outdoor
• The tax holiday, child care taxes for outdoor recreation and ski locations.
• We are not anti-tax.
• We talked about the tax decrease. We talked about the tax increase.
• tax package.

Bills: SB151 , HB8 , SB177

Committee: Senate Senate Finance

Keywords: corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials

Transcript Highlights:

• </c> omnibous tax bill in 2015. omnibous tax bill in 2015.
• </c> taxes.
• That's largely local sales taxes taxes.
• </c> fund corporate tax subsidies and um tax fund corporate tax subsidies and um tax cuts<00:58:53.839
• tax t tax tax establishes a property tax t tax tax task<01:19:01.840><c> force</c><01:19:02.560><c> which

Bills: HF3396

Committee: House Taxes

Keywords: property tax, task force, assessment, state revenue, local government, 1183, house

Transcript Highlights:

• value-added manufactured processes, providing for an expedited licensing and permit process, providing tax
• There will be no tax dollars.
• </c> administrator of the mineral tax administrator of the mineral tax division<00:41:39.520><c> of</
• </c> taxes are all set at 6%. taxes are all set at 6%.
• This is only for in severance taxes.

Bills: HB0120

Committee: House Appropriations

Keywords: energy production, natural gas, industrial sovereignty, manufacturing, tax exemptions, 916, all

Transcript Highlights:

• This does not cut any property taxes, despite what some in opposition have said.
• on property tax.
• The growth of the increase in the tax valuations on property tax. Move adoption. You'll questions.
• The consumers of property tax, those that receive the taxes on property owners, have continued to see
• The issue is not property valuations or tax valuations.

Bills: SB227 , SB1942 , SB1627 , SB625 , SJR39 , SJR47

Committee: House Rules

Keywords: gross production tax, ad valorem tax, property exemption, Oklahoma Tax Commission, oil and gas production, regulatory impact, economic implications, dental insurance, health care, medical necessity, insurance claims, dentist rights, criminal code cleanup, duplicate statutes, statutory consolidation, repealer bill, emergency clause, Title 21 crimes, Title 47 DUI, child abuse reporting

Summary: The committee heard several measures, led by SJR 39, a proposed constitutional amendment to send to voters that would cap annual homestead property tax valuation growth at 1% and all other property at 3%. The speaker argued it would not cut taxes but slow growth for taxpayers facing rising assessments, while opponents questioned the effect on county revenues, sheriff funding, and whether growth below inflation would strain local governments. After debate, the committee voted 10-2 to report the resolution due pass. The committee also heard HJR 47, which would place proof-of-identity requirements for voting in the Constitution. Supporters said it would strengthen election integrity and noted existing law already requires proof of identity, while opponents raised concerns about impacts on voters with disabilities and the difficulty of changing constitutional language if problems arise. The measure was reported due pass on an 11-1 vote. Senate Bill 227, described as supporting fair taxation and investment without duplicative tax, and SB 1942, clarifying the distinction between reimbursable and reimbursed dental services to protect providers and patients, both passed the committee on near-unanimous votes. The committee then advanced SB 1627, a 116-page sentence-modernization and consolidation bill that was described as a cleanup measure with no substantive change to existing law, and it was reported due pass unanimously. Finally, SB 625 was presented as temporary cleanup language related to domestic violence legislation and judicial requests, with the sponsor noting the bill would be replaced by a floor substitute later; the committee approved it due pass 10-0. The meeting ended with the chair noting the committee was dismissed and likely to meet again under the rules committee schedule.

Bills: HB8 , HB12 , SB 3 , HJR1 , SB 11 , SB 16 , SB 14 , HB8 , HB 12 , SB3 , HJR1 , SB11 , SB16 , SB14

Keywords: HB 8, Texas public school accountability, school accountability, public school transparency, STAAR, state assessments, instructionally supportive assessment program, Student Success Tool, Texas Education Agency, TEA, accountability ratings, A-F ratings, through-year assessment, benchmark testing, norm-referenced assessment, college career military readiness, CCMR, local accountability plan, school district performance, campus turnaround

Transcript Highlights:

• That's presumably more income taxes, but most certainly more sales taxes, right?
• No tax on tips.
• Let's cut taxes again.
• No taxes on overtime, no taxes on tips.
• , supporting no tax on rent, no tax on groceries.

Bills: HB4154 , HB4155 , HB4156 , HB4157 , HB4158 , HB4159 , HB4160 , HB4161 , HB4162 , HB4163 , HB4164 , HB4165 , HB4166 , HB4167 , HB4168 , HB4169 , SB1847 , SB1848 , SB1849 , SB1850 , SB1851 , SB1852 , SB1853 , SB1854 , SB1855 , SB1856 , SB1857 , SB1858 , SB1859 , SB1860 , SB1861 , SB1862

Committee: Joint Appropriations

Keywords: general appropriations act, budget, biennial budget, state spending, appropriations, fiscal year 2026, fiscal year 2027, state treasury, agency funding, operating budget, capital budget, public finance, state agencies, legislative budget, house appropriations, rules committee, HB4155, amusements, amusement industry, entertainment

Transcript Highlights:

• I think the B&O tax is an equally inequitable tax.
• That is an excise tax on the sale or transfer of property. It's not a property tax.
• estate excise tax.
• The phrase tax expenditure is often how we talk about that in technical tax world.
• Such that the tax rate would be changed to a lesser tax rate.

Bills: SB6061 , SB6234 , SB6170 , SB6176 , SB6182 , SB6335 , SB5647 , SB6047 , HB2367 , HB2606 , SB5998 , SB6005 , SB6003 , SB6129 , SB6225 , SB6228 , SB6231 , SB6061 , SB6234 , SB6170 , SB6176 , SB6182 , SB6335 , SB5647 , SB6047 , HB2367 , HB2606 , SB6129 , SB6228 , SB6231 , HB2235 , HB2272 , HB2340 , HB2543 , HB2554 , HB2632 , HB2464 , HB2619

Keywords: tourism, self-supported assessment, funding, statewide promotion, economic development, sewage, grinder pumps, residential buildings, regulation, construction, contracting rules, state highway construction, procurement limits, state regulations, infrastructure funding, vehicle registration, enforcement, renewal, transportation, state law

Transcript Highlights:

• willing to work with us I know this is willing to work with us I know this is kind of uh you know taxing
• is one of kind of uh you know taxing is one of kind of uh you know taxing is one of those bills you

Bills: SJR 36 , SJR 2 , SB 4 , SR 45 , SR 47 , SR 63 , SR 66 , SR 70 , SR 85 , SCR 14 , SB 10 , SB 11 , SB 10 , SB 11

Keywords: SJR 2, Senate Joint Resolution 2, constitutional amendment, homestead exemption, property tax relief, school property tax, ad valorem tax, residence homestead, school district taxes, Texas Constitution Article VIII, public school finance, homeowner exemption, elderly exemption, senior tax relief, disabled exemption, tax year 2025, voter approval, November 2025 ballot, local government, Ways & Means

Bills: SJR36 , SJR2 , SB4 , SR45 , SR47 , SR63 , SR66 , SR70 , SR85 , SCR14 , SB10 , SB11 , SB10 , SB11

Keywords: SJR 2, Senate Joint Resolution 2, constitutional amendment, homestead exemption, property tax relief, school property tax, ad valorem tax, residence homestead, school district taxes, Texas Constitution Article VIII, public school finance, homeowner exemption, elderly exemption, senior tax relief, disabled exemption, tax year 2025, voter approval, November 2025 ballot, local government, Ways & Means

Transcript Highlights:

• Cardinal DiNardo was appointed Archbishop of the Galveston-Houston Diocese when I was a tax assessor,
• Fortunately, he took pity on a repentant tax assessor, as the biblical scriptures did.
• Maybe the fact that I was for a tax cut helped, I'm not sure, but then he went on to say... on to the

Bills: SJR36 , SJR2 , SB4 , SR45 , SR47 , SR63 , SR66 , SR70 , SR85 , SCR14 , SB10 , SB11 , SB10 , SB11

Keywords: SJR 2, Senate Joint Resolution 2, constitutional amendment, homestead exemption, property tax relief, school property tax, ad valorem tax, residence homestead, school district taxes, Texas Constitution Article VIII, public school finance, homeowner exemption, elderly exemption, senior tax relief, disabled exemption, tax year 2025, voter approval, November 2025 ballot, local government, Ways & Means

Bills: SJR36 , SJR2 , SB4 , SR45 , SR47 , SR63 , SR66 , SR70 , SR85 , SCR14 , SB10 , SB11 , SB10 , SB11

Keywords: SJR 2, Senate Joint Resolution 2, constitutional amendment, homestead exemption, property tax relief, school property tax, ad valorem tax, residence homestead, school district taxes, Texas Constitution Article VIII, public school finance, homeowner exemption, elderly exemption, senior tax relief, disabled exemption, tax year 2025, voter approval, November 2025 ballot, local government, Ways & Means

Bills: HB444 , HB444

Committee: Senate Agriculture, Conservation and Forestry

Keywords: HB444, vaccines, vaccine exemption, religious exemption, religious liberty, private school, church school, faith-based school, parochial school, school immunization, testing requirement, disease testing, parental rights, school enrollment, attendance requirements, CHOOSE Act, school choice, education funding, tax exemption, corporate income tax

Transcript Highlights:

• And it's the largest enabler of local sales tax revenues in the city of Nogales, Arizona.
• It's going to reduce taxes and change the bonding rates.
• Madam Chair, Representative Bliss, do we know what the potential fiscal impact is on the sales tax?
• sales tax.
• sales tax.

Bills: HB2113 , HB2237 , HB2824 , HB2926 , HB2939 , HB2950

Committee: House Rural Economic Development

Keywords: utility consumer, rate intervention, public service corporation, Arizona Revised Statutes, residential rates, consumer protection, appropriation, Apache Junction, tourism, recreation, Superstition trails, funding, infrastructure, C-PACE, capital expenditure, special assessment, property improvement, local government financing, energy efficiency, water conservation