Video & Transcript : 'ad valorem tax' :

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TX
Transcript Highlights:
  • Valorem taxes are the number one issue that I hear as I go around the state.
  • The problem with taxes and with spending is specifically related to ad valorem taxes and spending at
  • Not only do they not impose any ad valorem taxes, they don't receive any ad valorem taxes.
  • This year's budget is $337 billion, with $50 billion of that earmarked to buy down local ad valorem taxes
  • tax cut.
Bills: HB18 , SB 54 , SB 10 , HR76 , HR77 , HR78 , HR82 , HR83 , HR88 , HR89 , HR93 , HR94 , HR95 , HR98 , HR101 , HR102 , HR104 , HR105 , HR107 , HR108 , HR109 , HR110 , HR111 , HR112 , HR113 , HR123 , HR125 , HR79 , HR80 , HR81 , HR84 , HR85 , HR86 , HR87 , HR90 , HR91 , HR92 , HR96 , HR97 , HR100 , HR103 , HR106 , HR114 , HR115 , HR116 , HR117 , HR118 , HR119 , HR120 , HR121 , HR122 , HR124 , HB18 , SB54 , SB10 , HB8
AL

Alabama 2026 Regular Session

Alabama House Financial Services Committee Jan 28th, 2026

Financial Services

Transcript Highlights:
  • don’t exercise that power of attorney, sometimes that income is included in your estate for estate tax
  • What this bill does, it gives the trustee the authority to distribute the taxes that would be paid by
  • Uh, allow them to distribute that so they could pay their taxes because sometimes people may get hit
  • What this bill does, it gives the trustee the authority to distribute the taxes that would be paid by
  • </c> the authority to distribute the taxes the authority to distribute the taxes that<00:09:28.320><c
Bills: HB259 , HB206 , HB207 , HB259 , HB206 , HB207
FL

Florida 2026 5th Special Session

Community Affairs Mar 25th, 2025

Transcript Highlights:
  • This bill proposes an amendment for the 2026 general election ballot to create an additional ad valorem
  • You know, certainly if they're seeing savings on the ad valorem side, the intent or thought process is
  • that hopefully they would pass on those savings from that ad valorem tax benefit over to the renter.
  • And our total ad valorem is $3.8 million. And so it's very, very significant.
  • Any loss of ad valorem revenue to our community, as well as many other cities within the state... ...
Summary: The committee took up several claims bills first and reported both favorably without debate. SB 20, relating to relief of J.N., a minor, would pay the remaining $400,000 of a $600,000 settlement after an 11-year-old was injured on a Hillsborough County sidewalk with a known defect; SB 14, relating to the estate of Pineal Januier, would authorize payment of the remaining $1.7 million of a $2 million settlement after a drowning at a Miami Beach youth center pool. Both bills were supported by the sponsors and the Senate Special Master’s favorable recommendations, and both passed on roll call votes. The committee then considered SJR 1510 and its implementing bill, SB 1512, both by Senator Avila, which would create a new property tax benefit for owners who lease a non-homestead residential property for more than six months in order to encourage more affordable rental housing. Local governments, the Florida League of Cities, and the Florida Association of Counties opposed the proposal, warning of major revenue losses, impacts on public safety and services, and uncertainty for local budgets; several senators also questioned whether landlords would pass savings on to renters and whether the measure would worsen density and parking issues. Despite the opposition, both measures were reported favorably after the sponsor said the bills would be refined and revised. SB 674, by Senator Wright, was reported favorably with support from property appraisers who said it would let them budget and pay hiring or retention bonuses, similar to authority already given to tax collectors, to help compete for specialized staff. CS for CS SB 268, by Senator Jones, also passed after an amendment adding congressional members; the bill would create a public-records exemption for certain home-address information for elected officials, and debate centered on balancing transparency with safety after members described death threats and harassment. The committee then approved SB 100, by Senator Fine, which would bar government buildings from displaying flags representing political viewpoints and allow active or retired military or National Guard members to use reasonable force to stop desecration of the U.S. flag; the bill drew extensive opposition from transparency, civil rights, and LGBTQ advocates who argued it was vague, unconstitutional, and aimed at pride flags, while supporters said government should not endorse political messages. Finally, CS for SB 1664, by Senator Trumbull, was reported favorably after a strike-all amendment. The bill would require voter reapproval every eight years for certain local discretionary taxes, including tourist development taxes and some local option taxes, unless pledged to revenue bonds. Cities, counties, tourism groups, and the lodging industry opposed it, saying the measure would create uncertainty, threaten tourism marketing and beach restoration funding, and make long-term infrastructure and debt planning difficult. Senator Trumbull argued the proposal simply gives voters a recurring chance to decide whether they still support the taxes and the projects they fund.
FL

Florida 2026 Regular Session

Community Affairs Mar 25th, 2025

Community Affairs

Transcript Highlights:
  • This bill proposes an amendment for the 2026 general election ballot to create an additional ad valorem
  • You know, certainly if they're seeing savings on the ad valorem side, the intent or thought process is
  • that hopefully they would pass on those savings from that ad valorem tax benefit over to the renter.
  • And our total ad valorem is $3.8 million. And so it's very, very significant.
  • Any loss of ad valorem revenue to our community, as well as many other cities within the state... ...
Summary: The committee took up several claims bills and tax-related measures. It reported favorably SB 20, providing $400,000 in relief to J.N., a minor injured on a Hillsborough County sidewalk, and SB 14, providing $1.7 million to the estate of Pineal Januier after a drowning at a Miami Beach youth center pool. It also approved SB 674, which would let property appraisers, like tax collectors, budget for hiring and retention bonuses with Department of Revenue approval. In each claims bill, the sponsor described the underlying incident, the settlement amount, and the remaining payment sought under sovereign immunity limits; there was no opposition on the claims bills. The bonus bill drew support from property appraisers who said it would help them compete for specialized staff without requiring new appropriations. The committee then considered SJR 1510 and its implementing bill, which would create a new homestead-like property tax benefit for owners who lease a non-homestead property for more than six months as residential rental housing. Supporters said it was intended to encourage more affordable rental housing by extending a $50,000 exemption and Save Our Homes-style assessment cap to qualifying properties. County and city representatives, the Florida League of Cities, and the Florida Association of Counties opposed the proposal, warning of major revenue losses, reduced public safety funding, and tax shifts to other property owners and businesses. Several senators also raised concerns about density, parking, and whether landlords would actually pass savings on to renters. Despite the opposition, both the constitutional amendment and the implementing bill were reported favorably. The committee also approved CS for CS SB 268, as amended to include congressional members, creating a public-records exemption related to certain residential information for elected officials. The First Amendment Foundation opposed it, arguing the bill lacked a sufficient public purpose and could hinder transparency, while senators supporting it cited real threats and harassment against themselves and their families. SB 100, which bans government display of flags representing political viewpoints and allows active or retired military members to use reasonable force to stop desecration of the U.S. flag, also passed after extensive debate. Opponents argued it was vague, unconstitutional, and aimed at pride and other identity-related flags; supporters said government buildings should not display political messages and that the bill protects neutrality. Finally, the committee approved CS/SB 1664, which would require voter reapproval every eight years for local discretionary taxes such as tourist development taxes and local option taxes, with exceptions for pledged bond revenues. Cities, counties, tourism groups, and the restaurant/lodging industry opposed it, saying it would create uncertainty, threaten tourism and infrastructure funding, and complicate long-term planning; Senator Sharief and others said the measure would disrupt existing surtax-backed projects and revenue streams.
NM

New Mexico 2026 Regular Session

Senate - Tax, Business and Transportation Feb 12th, 2026 at 06:05 pm

Senate Tax, Business & Transportation

Transcript Highlights:
  • Are we adding it to the 57?
  • This is a tax credit.
  • Honorable members, everyone hates taxes, but a gas tax is actually as perfect a tax as you can get for
  • When is a Cleanfield bill tax coming forward? Don't we have a Cleanfield tax coming this summer?
  • We're going to be tax per gallon.
Bills: SB251 , SB150 , SB154 , SB73 , SB111 , SB172 , SB76 , SB181 , SB235
OK

Oklahoma 2026 Regular Session

Economic Development, Workforce and Tourism 2ND REVISED Feb 24th, 2026

Economic Development, Workforce and Tourism

Transcript Highlights:
  • Senate Bill 2018 defines residential rental houses as it relates to ad valorem.
  • So I've noticed it says for the first two tax years.
  • base, the ad valorem taxes, all of that?
  • Can you see that by just going by the cost approach, that the ad valorem taxes collected could be less
  • than no tax revenue.
Summary: The committee heard and advanced a series of bills affecting tourism, workforce, economic incentives, labor policy, and housing. Senate Bill 1327 would restore the Oklahoma Tourism and Recreation Commission’s authority by removing language that made it only advisory and returning hiring/firing power over the executive director to the commission; it passed 10-0. Senate Bill 1403, an Incentive Evaluation Commission recommendation, would require rebate claims to be filed within one year and eliminate a statewide wage threshold for certain job-creation rebates; it also passed 10-0. Senate Bill 1937, the Taxpayer Dollars Protect Workers Act, would make employers in certain incentive programs preserve secret-ballot union elections, protect employee privacy, and bar neutrality agreements tied to incentives; after debate over labor rights and free-market concerns, it passed 8-2. The committee also advanced Senate Bill 277, a committee-substituted version of the Oklahoma State Paid Family Medical Leave Act. The author said the bill was still a work in progress, but the sub removed exigency and safe leave, narrowed family definitions to legal relationships, and reduced employer notice/signage requirements; it advanced 8-0 with title off. Senate Bill 2131 would require tourism facilities and reservation confirmations to provide information on made-in-Oklahoma products via QR code or printed card, and it passed 8-0. Senate Bill 1749 would let local propane dealers and LP gas installers perform certain food truck inspections, and it passed 8-0. Additional measures included Senate Bill 1348, which would give the Oklahoma Employment Security Commission enhanced anti-fraud and appeal authority; members raised concerns about broad discretion, but it passed 8-0. Senate Bill 1469 would regulate earned wage access products, including employer-based and consumer-based services, with fee caps and licensing; it passed 7-1. Senate Bill 2018 would require new multifamily residential rental construction of 20 units or more to be assessed at cost for the first two tax years, beginning with 2027 assessments, and it passed 7-1 after debate over tax impacts. Senate Bill 1931 would add three members to the Oklahoma Employment Security Commission and passed 6-2. Senate Bill 1530 would refine the research and development rebate program and add a 2% bump for projects involving higher education institutions, passing 8-0. Senate Bill 2155 would let the Route 66 Commission enter MOUs with other agencies to carry out its work, and it passed 8-0.
LA

Louisiana 2026 Regular Session

Ways and Means Mar 17th, 2026

Transcript Highlights:
  • valorem tax purposes and establishes a property tax exemption.
  • valorem tax exemption for certain property owners age 65 and older.
  • These folks have carried the load of ad valorem tax for decades, and in this time they had some relief
  • House Bill 961 by Representative Farnham extends eligibility to certain trusts for an ad valorem tax
  • I have new boats that come into my parish that are added on to the tax roll.
Summary: The Ways and Means Committee met on March 26 and first reported favorably HB 287, which renews the Louisiana Tax Commission’s authority to levy certain fees used to fund its operations. The author and Tax Commission representatives said the fee supports the commission’s appeals and assessment work and is not a new charge. The committee then adopted a technical amendment and reported HB 553 favorably as amended; that bill expands the Assessor Certification Program Committee from 5 to 11 members and adjusts education and recertification requirements for assessors. The committee then took up HB 412, a constitutional amendment on property assessment and reappraisal. After an amendment in concept was adopted to remove the bill’s proposed 30-year homestead exemption, members questioned the remaining provisions, which would tie annual assessment growth to CPI and move the reassessment cycle from four years to five. The author, assessors, and local government representatives debated whether the proposal would create predictable tax growth or instead leave many properties assessed below market value and shift burdens to businesses and local services. The author ultimately voluntarily deferred HB 412 and its companion HB 340 for further work. Members next heard HB 514 and HB 961, both senior-property-tax measures, but both were voluntarily deferred after brief discussion and technical amendments. HB 514 would have created an optional additional homestead exemption for certain homeowners age 65 and older, phased in over time and tied to income and a surviving-spouse provision; HB 961 would have extended related eligibility to certain trusts. The committee also deferred HB 515, 543, and 540 to future meetings. Finally, the committee favorably reported HB 521 and HB 570, both dealing with millage and reassessment rules. Supporters, including local government and industry groups, argued the bills would give taxing authorities more flexibility to avoid being forced to levy the maximum millage simply to preserve future authority. Assessors and local officials explained current reassessment and roll-forward rules, while the author said the bills would reduce pressure to overtax residents and businesses. HB 521 was reported favorably, and HB 570 was reported favorably as amended after adoption of a six-part amendment set, mostly technical changes.
FL

Florida 2026 Regular Session

Senate in Special Session F Jun 1st, 2026

Florida Senate Floor Meeting

Transcript Highlights:
  • And whereas over the past seven years, Florida has prioritized providing families with tax relief so
  • valorem taxation.
  • Four, legislation requiring the voting requirements to increase taxes above the rolled-back rate... .
  • valorem taxes levied by counties and municipalities, to provide an effective date, and to provide for
  • Senate Bill 4F by Senator Avila, a bill to be entitled an act relating to property tax administration
TX

Texas 89th Regular

89th Legislative Session May 19th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • Yes, it prevents tax.
  • Yes, it prevents tax.
  • SB 402 by Paxton, relating to the payment of certain ad valorem tax refunds.
  • ad valorem refunds resolve an inconsistency and lack of clarity among various tax jurisdictions.
  • Again, it takes the business personal property tax exemption from $2,500 to $125,000. added clarifying
AZ

Arizona 2026 Regular Session

03/25/2026 - House Ways & Means

Ways & Means

Transcript Highlights:
  • They say that we're going to intend to align our tax code with the federal tax code.
  • So that includes the current tax year, it includes the last tax year, and includes the next tax year
  • The tax year includes the next tax year as well.
  • enacting a tax increase.
  • The modification is for tax year 2025; we're conforming to tax year 2024.
AL

Alabama 2026 Regular Session

Alabama Senate Fiscal Responsibility and Economic Development Committee Feb 4th, 2026

Fiscal Responsibility and Economic Development

Transcript Highlights:
  • Y'all want to be added?<00:10:50.720><c> Okay,</c> added? Okay, added?
  • >> Sam, do you want to be added to the role? >> All right. Add. Okay.
  • want to be added to the role?
  • So would this have helped the situation when we had the veteran ad commission?
  • So would this have helped the situation when we had the veteran ad commission?
Bills: HB42 , SB246 , SB38 , SB194 , SB183 , SB253 , SB160
AL

Alabama 2025 Regular Session

Alabama House Ways and Means General Fund Committee Mar 5th, 2025

Ways and Means General Fund

Transcript Highlights:
  • This bill proposes a significantly lower tax rate on heated... significantly lower tax rate on heated
  • HB 357 proposes a tax on heated tobacco products at a rate... tax on heated tobacco products at a rate
  • That's just a sales tax on the device.
  • Placing a lower excise tax on less... ...placing a lower excise tax on less harmful products is perfectly
  • Um, if this was taxed at the rate we would be actually advocating for a higher tax on these products.
Bills: HB30 , HB263 , HB357 , HB359 , SB60 , SB102 , HB30
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Feb 24th, 2026 at 04:00 pm

Ways & Means

Transcript Highlights:
  • The bill begins with property taxes levied for collection in 2027 and is not subject to tax preference
  • By way of background, the real estate excise tax... Thank you.
  • use valuation for property tax purposes, regardless of sales price.
  • use valuation for property tax purposes, regardless of sales price.
  • ago, where a sale to a governmental entity will not trigger back tax.
Bills: SB6003 , HB2353 , HB2431 , HB1983
Committee: Senate Ways & Means
FL

Florida 2025 Regular Session

January 15, 2025 - 01:00 PM

Transcript Highlights:
  • valorem tax of up to 10 mills, but are otherwise prohibited from levying taxes without the express permission
  • valorem of up to 10 mills, but are otherwise prohibited from levying taxes without the express permission
  • valorem property taxes in Florida.
  • Measures related to ad valorem property taxes in Florida.
  • But one of the second concepts that was embodied in the Constitution was that local ad valorem...
Summary: The Intergovernmental Affairs Subcommittee held its first meeting of the 2025 session and focused on an overview of county and municipal home rule powers and state preemption. After roll call and member introductions, Chair Alex Rizzo and Vice Chair Griff Griffiths explained the constitutional and statutory basis for local self-government, the distinction between charter and non-charter counties, and how express and implied preemption limit local authority. Griffiths emphasized that home rule gives local governments broad power to address community needs, but the Legislature can override that authority through clear preemption, with courts ultimately deciding disputes. Representatives Holcomb and LaMarca added that local issues should generally be addressed locally first, but statewide standards can be appropriate when uniformity is needed or local action is ineffective. The committee then heard from a panel representing counties, cities, business, and construction interests: Ginger Delegal of the Florida Association of Counties, Carolyn Johnson of the Florida Chamber of Commerce, Rebecca O'Hara of the Florida League of Cities, and Carol Bowen of Associated Builders and Contractors of Florida. Delegal and O'Hara argued that home rule is rooted in local autonomy, policy experimentation, and accountability to voters, and warned against broad or “vacuum” preemptions that remove local authority without replacing it with state regulation. Johnson and Bowen supported preemption when local rules create a patchwork that hurts statewide competitiveness, raises costs, or complicates business operations, citing examples such as labor rules, heat safety, permitting, and procurement preferences. The panel also discussed the 2023 local ordinances law, which requires business impact estimates and provides attorney’s fees in certain challenges, as a mechanism to resolve disputes locally before resorting to preemption. Members questioned the panel about the 2024 heat-safety preemption and how to protect workers in the absence of local ordinances. Business representatives said existing OSHA duties and industry best practices already require employers to provide safe conditions, while local governments and the state should avoid inconsistent standards across jurisdictions. Another discussion centered on construction permitting, licensing, and local boards that may slow projects and increase costs; Bowen suggested eliminating redundant local fees and barriers while preserving statewide licensing and enforcement against bad actors. No votes were taken, and the meeting remained informational, with the chair inviting continued discussion on when preemption is appropriate versus when local governments should retain authority.
LA
Transcript Highlights:
  • valorem tax money that's dedicated to it, and that has grown faster than our payroll has grown.
  • We've seen growth in ad valorem taxes, and that's put downward pressure on cost also.
  • We didn't need all the tax money.
  • Growth in those ad valorem taxes has also, in this plan, put downward pressure on employer costs.
  • Ad valorem taxes are derived from property, and so far it's been good in the state.
Summary: The Public Retirement System Actuarial Committee met on February 23, 2026, approved the December 18, 2025 minutes, and heard no public comment. The committee then reviewed actuarial valuation reports and, for most systems, accompanying experience studies. The actuaries reported generally favorable investment and demographic experience across the systems, with funded ratios improving and employer contribution rates declining in several plans. They also explained the role of funding deposit accounts, frozen unfunded liabilities in some plans, and how recent legislative changes, especially the move to five-year DROP periods in some systems, affected assumptions and costs. For the Louisiana Clerk of Court Retirement Relief Fund, the committee adopted the valuation and experience study, recognizing a fiscal 2027 minimum recommended employer rate of 14.75%. For the District Attorney’s Retirement System, it adopted the valuation and experience study and recognized a fiscal 2027 minimum rate of 3.00%. For the Firefighters’ Retirement System, the committee adopted the valuation and experience study, recognized a fiscal 2027 minimum rate of 25.5%, and noted that DROP balances left on deposit will earn the market rate of return of 11.7%. The committee also adopted the Municipal Employees’ Retirement System valuation for both Plan A and Plan B, recognizing fiscal 2027 minimum rates of 20.75% and 8.75%, respectively. It adopted the Municipal Police Employees’ Retirement System valuation and experience study, recognizing a fiscal 2027 minimum rate of 26.5%, a DROP crediting rate of 7.4%, and a policy range up to 29.35% for future contributions. For the Registrars of Voters Employees’ Retirement System, the committee adopted the valuation and experience study, recognized a fiscal 2027 minimum rate of 0%, and noted a $207,683 allocation to the Member Supplemental Savings Fund for fiscal 2026. Finally, it adopted the Sheriff’s Pension and Relief Fund valuation and experience study, recognizing a fiscal 2027 minimum rate of 7.75%. All motions passed without objection, and the meeting adjourned.
AZ

Arizona 2026 Regular Session

03/16/2026 - Senate Finance

Finance

Transcript Highlights:
  • that they don't owe any taxes.
  • The bill also adds the estimated tax impact of an increase in property taxes on a home valued at $300,000
  • The bill also adds the estimated tax impact of an increase in property taxes on a home valued at $300,000
  • the tax consequence on a $100,000 home as well as the tax impact on a $300,000 home, which is more in
  • the tax consequence on a $100,000 home as well as the tax impact on a $300,000 home, which is more in