Video & Transcript Research : 'depreciation schedule'

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AZ

Arizona 2026 Regular Session

04/29/2026 - House Floor Session

Arizona House Floor Meeting

Transcript Highlights:
  • construction, they would be able to buy that and write it all off in one year, matching the federal depreciation
  • If we didn't do that, they would have a separate depreciation...
  • If we didn't do that, they would have a separate depreciation schedule in the state of Arizona, and it
  • I'm going to go back to my regularly scheduled explanation. Let's be clear about how we got here.
Keywords: 1182, all
LA

Louisiana 2026 Regular Session

Senate and Governmental Affairs May 27th, 2026

Senate & Governmental Affairs

Transcript Highlights:
  • I know y'all have a busy schedule.
  • I think before taxes and before wear and tear on my truck and the mileage that depreciates my truck and
  • So I think by the time I got taxed and all the mileage on my truck depreciation and putting a new set
AZ

Arizona 2026 Regular Session

06/10/2026 - Joint Appropriations

Appropriations

Transcript Highlights:
  • Arizona should conform with the federal business expensing provisions, and specifically the bonus depreciation
  • for the state and local SALT deduction that went from $10,000 to $40,000, and the 100% special depreciation
  • for the state and local SALT deduction that went from $10,000 to $40,000, and the 100% special depreciation
MO

Missouri 2026 Regular Session

Special Committee on Intergovernmental Affairs Mar 30th, 2026

Special Committee on Intergovernmental Affairs

Transcript Highlights:
  • community, if they were willing to acknowledge that, hey, you know, the land over, the property depreciation
  • Generally, when we're talking about property tax, we have a system where we depreciate that asset over
  • Generally, when we're talking about property tax, we have a system where we depreciate that asset over
Summary: The committee first took up several executive-session items and voted H.J.R. 189 do pass by a roll call of 11 ayes, 1 no, and 1 present. It then adopted a committee substitute for House Bill 2139, with the substitute removing specific references to Sharia law and broadening the language to apply to foreign law generally; the committee then voted the House Committee Substitute for HB 2139 and HB 2175 do pass by 10 ayes and 2 noes. The committee also adopted a substitute for House Bill 3051 that removed manufacturer language and focused the bill on car dealers and the Department of Revenue, then voted that House Committee Substitute do pass by 7 ayes, 5 noes, and 1 present. Later, the committee adopted an amendment and substitute for House Bill 2908 and HB 2990 and voted that combined committee substitute do pass by 13 ayes and 1 no. The bulk of the meeting was devoted to House Bills 2388 and 2656, which would ban geoengineering, weather modification, and cloud seeding in Missouri. Sponsors and supporters argued the bills were needed to stop pollution, protect air, water, soil, agriculture, and public health, and to mirror laws or proposals in other states such as Tennessee, Florida, and Louisiana. Testimony from supporters included claims that these practices are already occurring, that federal and private actors are involved, and that the bills would provide a needed state-level prohibition and deterrent. Several witnesses also argued that weather modification and geoengineering raise consent, environmental, and health concerns, while a Missouri Farm Bureau representative said the organization opposes unregulated commercial weather modification as a proactive measure. The committee also heard extensive testimony on a solar-energy bill, House Bill 2478, presented as a vehicle for a committee substitute focused on safety issues around solar farms. The sponsor said the substitute would likely address setbacks, fire safety, alarms or notification systems, soil testing, and liability/decommissioning concerns, while trying to balance landowner rights with neighboring property owners’ safety. Witnesses in support raised concerns about fire risk, toxic materials, runoff, and the loss of agricultural land, and some urged stronger civil liability provisions. Committee members questioned whether the bill should be handled at the county level, whether existing legal recourse already exists for damaged neighbors, and which provisions would remain in the substitute. No final vote on HB 2478 was taken in the portion provided.
TX

Texas 89th Regular

Senate Session Apr 9th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • Well, I promise you I haven't bought any new ones, and they're depreciated in value.
  • Well, I promise you I haven't bought any new ones, and they're depreciated in value.
  • me that my computers, that really, in my mind, I told them they're worth $2,000 because they're depreciated
Summary: The Senate convened with a quorum, heard an invocation, recognized a Karnes County Day delegation and the Texas Association of Museums, received a governor’s message on Texas Diabetes Council appointments, and introduced the Doctor of the Day. The chamber then took up several resolutions, including SR 388 honoring the Texas Association of Museums, and adopted SRs 380, 382, and 387 by voice vote. Senator King was excused due to a family death, and the journal reading was dispensed with. The Senate then moved through a series of bills, most of them on expedited suspension of the regular order and three-day rule. Measures passed included SB 868 on Rural Volunteer Fire Department Assistance Program funding for high-wildfire-risk areas; SB 264 exempting certain family motor-vehicle transfers from tax; SB 2112 on oyster mariculture penalties; SB 1484 on catfish labeling and marketing; SB 660 on bollards near hospital emergency rooms; SB 1809 creating offenses for gift card fraud; SB 32 and SJR 81 providing business personal property tax relief and a related constitutional amendment; SB 1267 modernizing boat titling and adding disclosure for hidden hull damage; SB 1470 allowing DPS data sharing for voter list maintenance; SB 2406 and SB 2407 implementing Sunset recommendations for the Sabine River Authority and Lower Neches Valley River Authority; SB 609 on school district compliance with legally required policies; SB 921 on ex parte Medicaid eligibility renewals; SB 2320 increasing DWI penalties; SB 1822 requiring disclosure and oversight of AI-based utilization review algorithms; SB 693 on notaries public and deed theft prevention; and SB 664 setting statewide qualifications and oversight for magistrates and related judicial officers. One of the most contested items was SB 779 on common law public nuisance claims, which drew extended debate over whether the bill would limit lawsuits against lawful, regulated activities and whether it would preserve private nuisance and other existing remedies. Despite objections, the Senate suspended the rules and passed the bill to engrossment by a 17-12 vote, holding it there. Another debated measure was SB 1008 on state and local authority over the food service industry; after a perfecting amendment, it was passed to engrossment and then to final passage. Several bills were adopted or passed with near-unanimous support, while others, including SB 1267, SB 1470, SB 1822, and SB 2320, saw some opposition but still cleared the chamber.
WY

Wyoming 2026 Regular Session

Joint Corporations, Elections & Political Subdivisions, May 21, 2026 - PM

Corporations, Elections & Political Subdivisions

Transcript Highlights:
  • </c> otherwise you know keeping depreciation otherwise you know keeping depreciation of<00:56:11.680>
  • Um, but Schedule 400 is a tariff.
  • And yes, Schedule 400 is our version.
  • And yes, Schedule 400 is our version.
  • And yes, Schedule 400 is our version.
Keywords: 916, all
LA

Louisiana 2026 Regular Session

Ways and Means Mar 17th, 2026

Ways & Means

Transcript Highlights:
  • We all know that we're on the right replacement cost, and then we take the depreciation from that, but
  • Take the depreciation from that, but we make sure we're in the ballpark of what the insurance also says
US
Transcript Highlights:
  • NIH research money to help children and applied it to depreciation on a Stanford yacht, didn't they?
  • The cost for the accountants, the safety... salespeople, the depreciation of equipment, buildings, the
US
Transcript Highlights:
  • President Trump in his speech in the joint session on Tuesday night talked about bonus depreciation,
  • Congress is done in ten year windows, as you articulated, anything that would... have without bonus depreciation
Summary: The meeting convened to consider the nomination of Mike Falkender for the position of Deputy Secretary of the Treasury. During the session, multiple members voiced concerns regarding current economic policies under the Trump administration, particularly around inflation, tariffs, and the impact on small businesses. Discussions frequently centered on the administration's approach to tariffs and taxation, and how these factors contribute to the rising cost of living and potential job losses. Additionally, the importance of bolstering government-to-government relationships with tribal nations was emphasized, highlighting the need for specialized offices focused on tribal affairs within the Treasury Department.
WA

Washington 2025-2026 Regular Session

Senate Early Learning & K-12 Education Jan 22nd, 2026 at 10:30 am

Early Learning & K-12 Education

Transcript Highlights:
  • We're scheduled to make recommendations regarding those updates in time for the 2027 legislative session
  • And this fund usually is supplied revenue through depreciation.
Summary: The committee held public hearings on several education-related bills. SB 6078 would expand pre-licensing supports for prospective child care providers by directing DCYF and the State Patrol to offer consultations and resource guidance, with testimony from the sponsor, DCYF, and a community nonprofit emphasizing that the bill would reduce fragmented licensing barriers and help open more child care sites. SB 6089 would create a public-private structure to coordinate Washington’s P-20W education and workforce system and develop a public-facing data dashboard; supporters from education, nonprofit, and student groups said it would improve alignment, transparency, and equity, while WEA and OSPI raised concerns about private influence, duplication, and the use of a non-state entity for the dashboard. SB 5859 would expand competency-based assessment options within graduation pathways, with supporters saying it would give students more flexible ways to demonstrate learning, and the State Board of Education and school principals cautioning that the board’s ongoing Future Ready review should finish before new pathway changes are made. SB 5861 would require more school board directors to be elected from director districts in larger districts; supporters argued it would improve community representation, while some districts and WSSDA warned about costs, loss of local control, and implementation burdens. SB 6065 would allow districts in binding conditions or enhanced financial oversight to use transportation vehicle funds for temporary loans or permanent transfers with OSPI approval, and rural district advocates said it could help distressed districts stabilize without new state spending. The committee then moved into executive session and acted on two bills. It adopted the proposed substitute for SB 5956, which limits the use of automated decision systems, surveillance technology, biometric data, and facial recognition in student discipline and school safety decisions, and sent the bill to Rules with a do-pass recommendation. It also adopted the proposed substitute for SB 5901, which changes how state funding is calculated for school construction projects on military bases, and sent that bill to Ways and Means with a do-pass recommendation. Both measures passed subject to signatures.
FL

Florida 2025 Regular Session

Banking and Insurance Feb 4th, 2025

Transcript Highlights:
  • THEIR ACCOUNT TO THE ONLINE PORTAL AND TELL US THAT THEY ARE DONE WITH THEIR WORK NOW AND THEN THEY SCHEDULE
  • THAT MOST OF YOUR HOME INCLUDING THE LAND THAT IT IS ON WILL APPRECIATE IN VALUE BUT YOUR ROOF DEPRECIATES
Keywords: 999, senate, all
LA

Louisiana 2026 Regular Session

Appropriations Mar 2nd, 2026

Appropriations

Transcript Highlights:
  • Final versions will be posted approximately three to five days prior to each scheduled meeting.
  • The executive department will not be presented in scheduled order.
  • is where you can find all of the staff, our budget assignments, along with the official hearing schedule
  • One provision is, I think, the 100% depreciation of research and development, or something like this.
  • He will take a little detour to Schedule 20, which is the Division of Administration Debt Service.
Summary: The committee began a series of House Appropriations budget hearings focused on the fiscal year 2026-2027 executive budget, the preamble, and the executive department. Staff presented revenue and spending trends showing projected declines in revenues alongside increasing expenditures, with members emphasizing the need for a standstill budget and additional efficiencies. The House Fiscal Division also reviewed the FY25 surplus and FY26 excess, the constitutional uses of surplus funds, and the overall FY27 budget structure, including the distinction between discretionary and non-discretionary spending. The commissioner of administration described the administration’s use of one-time money, efficiency reviews, and budget reductions, while members asked about revenue forecasts, the motor vehicle sales tax dedication, corporate tax changes, and the impact of federal policy changes on state costs, especially SNAP and Medicaid administration. The committee then moved through several executive department agencies. The Division of Administration presentation covered its budget, vacancies, debt service, and reductions tied to statewide adjustments and efficiency measures. GOSEP’s functions were described as transferred into the Department of Military Affairs under Act 262 of 2025, and military officials outlined the new combined structure, emergency response duties, overseas deployments, youth programs, and concerns about future federal funding. The Coastal Protection and Restoration Authority reviewed its largely dedicated funding and explained that large apparent balances reflect long-term project planning and multi-year capital work. The Office of the State Inspector General presented a budget increase for consulting services tied to the governor’s DOGE-style efficiency initiative, and the inspector general said the effort had identified nearly $1 billion in savings across the executive branch, largely through eligibility reviews in Medicaid and SNAP and implementation of prior audit recommendations. Members raised questions throughout about how budget figures were calculated, why some totals appeared to rise while state general fund support fell, and how federal changes would affect state agencies. There were also questions about the transition of GOSEP into Military Affairs, the status of school safety centers, and whether the new structure would change local emergency responsibilities. No formal votes or amendments were taken during the portion provided; the meeting consisted of presentations, explanations, and member questions.
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 04/14/26

Taxes

Transcript Highlights:
  • individuals, you have to be over that to start again a deduction for charitable giving, bonus depreciation
  • individuals, you have to be over that to start again a deduction for charitable giving, bonus depreciation
  • /c> uh charitable giving, uh charitable giving, uh<01:10:02.200><c> bonus</c><01:10:02.520><c> depreciation
  • ,</c> uh bonus depreciation, uh bonus depreciation, uh<01:10:04.800><c> conforming</c><01:10:05.400><
Keywords: 1187, senate, all
NH

New Hampshire 2026 Regular Session

House Commerce and Consumer Affairs (01/22/2026)

Commerce and Consumer Affairs

Transcript Highlights:
  • So, you're ahead of schedule. Okay.
  • </c> &gt;&gt; So, you're ahead of schedule. &gt;&gt; So, you're ahead of schedule. &gt;&gt; Okay.
  • It depreciates your value and it puts a mark against your insurance even though it was not your fault
  • It<04:11:14.800><c> depreciates</c><04:11:15.359><c> your</c><04:11:15.520><c> value</c><04:11:15.840
  • ><c> and</c><04:11:16.080><c> it</c><04:11:16.239><c> puts</c><04:11:16.399><c> a</c> It depreciates
Keywords: 1189, house, all
LA

Louisiana 2026 Regular Session

Appropriations Mar 2nd, 2026

Appropriations

Transcript Highlights:
  • Final versions will be posted approximately three to five days prior to each scheduled meeting.
  • The executive department will not be presented in scheduled order.
  • This is where you can find all of the staff, our budget assignments, along with the hearing schedule,
  • official hearing schedule.
  • One provision is, I think, the 100% depreciation of research and development or something like this.
Keywords: 965, house, all
AZ

Arizona 2026 Regular Session

06/10/2026 - Joint Appropriations

Transcript Highlights:
  • Arizona should conform with the federal business expensing provisions, and specifically the bonus depreciation
  • for the state and local SALT deduction that went from $10,000 to $40,000, and the 100% special depreciation
  • for the state and local SALT deduction that went from $10,000 to $40,000, and the 100% special depreciation
Summary: The joint House and Senate Appropriations committees met to hear the FY 2027 budget package, beginning with the General Appropriations Act (HB 4154/SB 1847). Staff outlined the overall budget, including one-time fund transfers, lump-sum reductions, funding for state employee health insurance, school facilities, corrections, flood and wildfire relief, education and child care, and other ongoing and supplemental items. Members briefly discussed the absence of a requested $1.5 million for the oversight office, but the chair said no amendments would be taken in committee and that only limited technical changes were likely later in the process. Public testimony on the feed bill was largely supportive but focused on specific funding concerns. Testimony highlighted school safety funding, Alzheimer’s services, small business tax expensing provisions, disability oversight for group homes, county use of opioid settlement dollars, adult education/community college funding, victim notification funding, and ESA oversight. Several speakers praised the budget for funding DDD and other services, while others opposed or sought changes to items such as the COMIT group home monitoring program, Maricopa Community Colleges’ lack of operating aid, and a possible cut to the victim notification program. The chair repeatedly emphasized that changes to the negotiated budget would be difficult and should be routed through leadership. The committee then moved quickly through the remaining budget reconciliation bills. Staff summarized bills covering amusement and wagering, capital outlay, commerce, criminal justice, environment, health care, higher education, human services, and K-12 education. Notable provisions included continued wagering assessments, highway and building renewal funding, defense innovation and economic development changes, corrections and wrongful conviction provisions, groundwater and water banking measures, health insurance oversight and opioid settlement provisions, higher education funding and ABOR operating caps, SNAP and housing trust fund changes, and a 2% inflation increase for K-12 formula components. The K-12 bill also included a biometric school safety pilot and a child sexual abuse prevention pilot. No votes were taken in the portion provided, and the chair indicated the committee would continue through the remaining bills.
WA

Washington 2025-2026 Regular Session

House Floor Session Mar 11th, 2026 at 05:40 pm

Washington House Floor Meeting

Transcript Highlights:
  • to let you know that we were able to improve some of the language around the reduction of bus depreciation
  • We talked about bus depreciation, $25 million cut this year.
  • Our bus depreciation, well, maybe the wheels will come off the bus, Mr.
Summary: The House first took up Substitute Senate Bill 6225, a transportation bond measure. Supporters said it was needed to fund preservation and maintenance of Washington’s transportation system, including road upkeep and emergency repairs, while opponents argued the state had already addressed current needs through a recent unanimous budget and existing bond authority. The bill passed final passage 59-38, meeting the required three-fifths vote. The House then considered Gross Substitute Senate Bill 6260, an education budget-related bill with many floor amendments focused on transition to kindergarten, alternative learning experience (ALE) funding, local effort assistance (LEA), educational service district reserves, superintendent pay, MSOC funding, and collective bargaining limits. Most proposed amendments were rejected, though Amendment 2654 on TK priorities was adopted. After the committee amendment as amended was adopted, the bill advanced to third reading and then passed 50-47. Supporters described it as a necessary budget reduction and risk-management measure; opponents argued it cut K-12 funding too deeply, especially in rural and property-poor districts, and would worsen inequities and invite litigation. The House also concurred in Senate amendments and passed several other bills. House Bill 1796, about school construction financing and capital levy use, passed 95-2. Second Substitute House Bill 2105, dealing with immigrant worker protections, passed 58-38. Engrossed House Bill 2211, on food sourcing for a health-related program, passed unanimously. Engrossed Substitute House Bill 2225, regulating companion chatbots and child safety, passed 74-21. Engrossed Substitute House Bill 2247, related to animal care, passed unanimously. Engrossed Second Substitute House Bill 2418, streamlining permitting timelines to support housing affordability, also passed unanimously. The House then moved on to additional Senate-concurred bills, beginning with Second Substitute House Bill 1906.
LA

Louisiana 2026 Regular Session

Ways and Means Mar 17th, 2026

Transcript Highlights:
  • We all know that we're on the right replacement cost, and then we take the depreciation from that, but
  • Take the depreciation from that, but we make sure we're in the ballpark of what the insurance also says
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.
AZ
Transcript Highlights:
  • The full cash value is equal to 100% of the depreciated cost for specified renewable energy and storage
  • equipment, depending on certain factors, or it's equal to 20% of the depreciated cost of renewable energy
Keywords: 1182, all
Summary: The meeting was a caucus-style run-through of many bills and resolutions across Appropriations, Commerce, Education, Federalism/Military Affairs/Elections, Government, Health and Human Services, Judiciary, ENRU, Public Safety, and Rural Economic Development. Measures discussed included housing and HOA rules, school policy and funding, health care licensing and records timelines, public safety and corrections funding, election and campaign rules, water and environmental policy, and several criminal justice and juvenile justice changes. Many items were described as being on third-read consent or consent calendars, with staff often noting that no questions were raised and no sponsor was present. Several bills drew sponsor explanation or member discussion. In education, members reviewed bills on teacher strikes, school safety, math placement, student outcomes, free school meals, parent permission for clubs, and school bond ballot disclosures. In health, bills covered prior authorization data reporting, nursing board rules and complaint procedures, pharmacist testing/treatment authority, opioid antagonist expiration dates, board continuations, and a constitutional amendment on refusing medical mandates. In government and public safety, members discussed DCS legal representation, inmate medical records, public safety parity funding, sheriff authority, border support funding, and a resolution supporting county sheriffs. In commerce and housing, bills addressed condominium and HOA authority, shade structures, pet restrictions, insurance certificates, apprenticeship definitions, automatic renewal contracts, and a state housing affordability district. There was notable discussion on House Bill 4044, which would create a Public Safety Parity Fund for DPS and DOC salaries using interest from the state rainy day fund and other revenue sources. The sponsor argued it would provide a reliable way to fund public safety pay, while others objected that it would consume interest needed to preserve the fund’s value and that a general fund appropriation would be more appropriate. The bill prompted extended back-and-forth, with some members supporting the concept and others saying it was fiscally irresponsible. Another point of discussion came on House Bill 2775, where staff noted a possible misprint in the bill history, and on House Bill 467, where staff clarified that the inactive voter list changes related to e-poll book status categories. No formal votes were recorded in the transcript, and the meeting appears to have been a review of measures before floor action.
AZ
Transcript Highlights:
  • The full cash value is equal to 100% of the depreciated cost for specified renewable energy and storage
  • equipment, depending on certain factors, or it is equal to 20% of the depreciated cost of renewable
Summary: The meeting was a lengthy caucus-style review of many bills and resolutions across multiple committees, with staff giving brief descriptions and most items placed on consent or third-read consent calendars. Topics included appropriations, commerce, education, government, health and human services, environment, public safety, and transportation. Measures discussed ranged from school policy and board continuations to housing, water, public safety, licensing, and election-related changes. Several bills were noted as strike-everything amendments or as having been amended in committee. A number of bills drew sponsor comments or brief questions. In education, members discussed bills on teacher strikes, school math placement, school meals, student clubs, bond election disclosures, and a proposed commission on student outcomes. In health and human services, members discussed nursing board rules, pharmacist testing and treatment authority, medical records timelines, opioid antagonist expiration dates, and a proposed constitutional amendment on the right to refuse medical mandates. In government and public safety, members debated funding and staffing issues for DPS and corrections, including a proposed public safety parity fund, as well as bills on county sheriffs, legal representation for DPS, and corrections oversight funding. There was also discussion of election and local government measures, including inactive voter list procedures, circulator disclosure rules, and committee termination filings. Other topics included housing affordability districts, development fees, historic-area middle housing exemptions, water and groundwater management, environmental compatibility siting, and trade-related commissions. One notable exchange involved HB 4044, where members debated whether using rainy day fund interest for public safety pay was fiscally responsible; supporters argued it was a practical way to fund raises, while opponents said it would weaken the fund and should instead be handled through the general fund. No roll-call votes were taken in the transcript, and most items were simply presented, briefly discussed, and left on consent or third-read consent calendars.