Video & Transcript Research : 'revenue commitment'

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HI

Hawaii 2026 Regular Session

ECD Public Hearing - Wed Feb 18, 2026 @ 9:30 AM HST

Economic Development & Technology

Transcript Highlights:
  • And so that would decrease that type of tax revenue.
  • not guaranteed to bring the tax revenue not guaranteed to bring the tax revenue that<00:53:24.400
  • decrease uh that type of tax revenue. decrease uh that type of tax revenue.
  • And also, again, they provide a significant amount of tax revenue currently for the state.
  • The revenue coming in, and that's not what we need right now. It's so unpredictable.
Summary: The committee heard testimony on several measures, beginning with HB 2410 relating to the Hawaii Technology Development Corporation. Testifiers from HTDC and the Hawaii Food Industry Association stood on written testimony, and members discussed the funding request, which was described as $1 million each for three programs, for a total of $3 million. The measure appeared to have broad support, with no opposition noted. The committee then took up HB 2235 HD1 on the military and community relations office, where Lori Moore of MACC asked for additional funding to support local businesses and education-to-career initiatives statewide. Members asked about the amount, and the request was identified as $1.3 million total. HB 904 on space operations followed, with three supporters and one opponent, though no substantive testimony was captured beyond the vote counts. HB 2201 on state enterprise zones drew testimony from Georgia Skinner of DBEDT’s Creative Industries division, who said the measure would build on a well-run enterprise zone program and help make Hawaii’s film industry more competitive. Tom Yamashita of the Tax Foundation also provided comments. The committee then considered HB 2349 relating to DCCA and DBEDT coordination; DCCA explained it already provides links and information to DBEDT programs, while DBEDT argued that direct data sharing would allow more proactive outreach. Members raised privacy and cost concerns, and DBEDT said it would consider opt-in collection and acknowledged system changes and possible funding needs. The committee also heard two tax credit bills. HB 1972 HD1, on a caregiver tax credit, received strong support from AARP, the Hawaii Public Health Institute, the Hawaii Children’s Action Network, and others, who described caregivers as an “invisible workforce” and argued the credit would help families keep loved ones at home and reduce financial strain. The Tax Foundation suggested a grant or subsidy program might be more efficient than a tax credit and raised concerns about debarment provisions. HB 20007 HD1, on the household and dependent care services tax credit, also drew strong support from public health and family advocacy groups, who said Hawaii families face some of the nation’s highest child care costs and that the bill would better reflect current expenses; the Tax Foundation again raised technical concerns about complexity and debarment. Members asked about fiscal impacts, and testimony indicated the current credit costs about $6 million, with the bill expected to increase that amount. The committee then moved on to HB 2385 HD1 on housing, where the Deputy Attorney General began presenting written comments on whether the bill limits county authority.
HI

Hawaii 2026 Regular Session

HOU Public Hearing 01-27-2026

Housing

Transcript Highlights:
  • years after the commitment is made. years after the commitment is made.
  • <00:10:35.839> commitment.
  • There are 83 units that have been committed, and of the $10 million which we are allowed to commit to
  • There are 83 units that have been committed, and of the $10 million which we are allowed to commit to
  • committed to projects. committed to projects.
Summary: The committee heard five housing measures, with the chair announcing that SB 2060, SB 2063, SB 2062, and SB 2069 were works in progress and that decision-making would be deferred to February 3. SB 2060 would allow HHFDC, with Finance approval, to transfer money within the rental housing revolving fund and its subaccounts without further legislative authorization, including a transfer to the mixed-income subaccount for FY 2026-2027. HHFDC and other supporters said the change would give the agency more flexibility to move projects forward, while Catholic Charities Hawaii and a testifier from Roars and Cares supported the bill but warned that shifting money away from lower-income housing could weaken efforts to serve households under 80% of area median income and people at risk of homelessness. HHFDC said the fund’s uncommitted balance was about $100 million and that demand exceeded available resources. SB 2063 would revise the mixed-income subaccount by changing project priorities, adding new criteria, allowing transfers within the subaccount without legislative approval, and directing conveyance tax revenues into the subaccount. HHFDC, OPSD, LURF, Hawaii Appleseed, Housing Hawaii’s Future, Stanford Carr Development, and Roars and Cares supported the measure, while Catholic Charities urged the committee to keep rental and for-sale housing policy separate and to use other mechanisms for homeownership. Catholic Charities said the rental housing revolving fund should remain focused on rentals, and that for-sale initiatives should be addressed separately. The chair indicated an intent to defer the bill for further edits. SB 2062 would make the dwelling unit revolving fund equity pilot a permanent HHFDC program, allowing the agency to buy equity in for-sale developments to lower initial purchase prices and require repayment through shared appreciation. HHFDC said the pilot had been successful, with 83 units committed and $7.6 million of the $10 million program cap already committed, and said permanence would let the agency pair the program with DERF loans earlier in project financing. The chair said SB 2069 would be used as the vehicle for amendments to the DERF equity program and related changes. SB 2069 would authorize HHFDC to use existing dwelling unit revolving fund balances for the equity pilot; it drew support from HHFDC and several housing organizations. SB 2070 would create a permanently affordable for-sale housing program by replacing the current 10-year buyback restriction with a resale price cap tied to an appreciation index, which HHFDC said would preserve affordability while allowing owners to build equity. In questioning, senators pressed HHFDC on whether the bill was necessary, whether it would remove first-time homebuyer and other ownership restrictions, and whether the new program was truly “permanently affordable” if not tied to AMI. HHFDC said the current statutory restrictions limit flexibility, that the proposal would expand access to local residents, and that the price cap would be based on about 4.5% annual appreciation. Supporters said the approach would help buyers move up the housing ladder, while some senators expressed concern that it could open the program to owners of multiple properties and that the committee should see sales-velocity data on existing restricted units before proceeding.
TX

Texas 89th Regular

Intergovernmental Affairs May 13th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • Fix them to the no new revenue tax rate, also.
  • The revenue is not allowed to grow proportionally to the population.
  • with what could be millions and millions of dollars in revenue.
  • Take a quarter of your annual sales tax revenue. Exactly. So I think the...
  • Accountability is the person who commits that crime.
TX

Texas 89th Regular

Transportation (Part II) Apr 9th, 2025

Transportation

Transcript Highlights:
  • Last year, over a half billion dollars of excess revenues.
  • However, as I read the statute, this is direct to general revenue.
  • in order to maximize toll revenue diversions into their budget.
  • The annual surplus revenue for HCTRA is nowhere near $600 million.
  • Did you bring us any surplus revenue? Yeah, surplus revenue.
Summary: The Senate Transportation Committee reconvened on SB 2722, as substituted by Senator Bettencourt, which would redirect a portion of Harris County Toll Road Authority surplus revenues to the City of Houston and impose audit and tax-rate penalty provisions. Houston Police Chief Noe Diaz and Fire Chief Thomas Munoz testified in support, arguing that Houston bears a large share of toll-road public safety burdens, citing thousands of police and fire responses on toll-road property and the need for compensation for emergency services. Bill King, testifying neutrally, said the toll authority generates large excess revenues and urged stronger oversight and clearer controls on how the money is spent. Opponents, including Harris County officials, business and neighborhood representatives, and toll-road critics, argued the bill would divert transportation dollars, create a precedent for taking toll revenues for general municipal use, and could worsen project delivery and incentives; several also questioned the accuracy and interpretation of the revenue figures and the lack of comparable audit requirements for the city. The committee took extensive testimony but left SB 2722 pending without a vote. The committee then heard SB 2129, which would increase fines for motorists who disregard railroad crossing gates or flaggers, and SB 2323, which would redact railroad crew members’ personal information from public accident reports. Both bills were presented as safety measures, with railroad labor testimony in support, and both were left pending after brief public testimony. The committee also heard SB 2141, a Zaffirini bill concerning specialty license plates for judges, with the substitute aimed at reducing security risks by changing how judges are identified on plates; it too was left pending. Finally, the committee heard SB 2439, another Zaffirini bill, described as a TDLR cleanup measure related to ATV and off-highway vehicle safety certification. The bill would abolish the current training and certification program, which supporters said was burdensome and underused given the small number of approved instructors statewide. With no significant opposition on the record, the committee closed testimony and left SB 2439 pending as well.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/25/25

Taxes

Transcript Highlights:
  • And the Minnesota Department of Revenue issued a revenue statement analysis last session that indicated
  • Department of Revenue issued a revenue<00:08:13.240> statement<00:08:13.759> analysis<
  • 00:08:14.560> last<00:08:15.000> session revenue statement analysis last session revenue
  • For Itasca County alone, that was $2.3 million in tax revenue they lost.
  • It says it in the revenue estimate on the second page of the revenue estimate: 318,000 returns would
TX

Texas 89th Regular

Public Health Mar 10th, 2025

Public Health

Transcript Highlights:
  • This is a one-time transfer of three billion dollars of general Revenue to the controller for the fund
  • same commitment to that early prevention for young folks as well. Okay, thank you Mr. Speaker.
  • The benefit to the state is $16.5 billion and $7.1 billion in local tax revenue. revenue since the time
  • Thank you We're also committed to substituting for House Bill 5. Is there no objection?
  • The state over collects revenue. and then it seems to look for places to plant it.
Bills: HB5, HJR3, HB155, HB513, HB5, HB155
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Apr 16th, 2026 at 09:30 am

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • The Broken Arrow Elks Lodge is committed to community development, as proven in their efforts such as
  • Revenue that could be generated. Mr.
  • I think where the gentle lady is going is the revenues that we have to appropriate from.
  • Dollars from the current balance of the Revenue Stabilization Fund to this new fund.
  • Revenues directly to those taxpayers, or at least use these funds for immediate tax relief now.
AL

Alabama 2026 1st Special Session

Alabama Senate Finance and Taxation Education Committee Apr 1st, 2026

Finance and Taxation Education

Transcript Highlights:
  • when it didn't hurt us or help us anything and set the framework, and those they've been really committed
  • when it didn't hurt us or help us anything and set the framework, and those they've been really committed
  • when it didn't hurt us or help us anything and set the framework, and those they've been really committed
  • There's sororities, there's schools, helping schools tags, and they're already committed to those.
  • already that's a revenue source already that's definite. definite. definite.