Video & Transcript : 'statement of financial interests' :

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OK

Oklahoma 2026 Regular Session

Revenue and Taxation Feb 16th, 2026 at 01:30 pm

Revenue and Taxation

Transcript Highlights:
  • Along the lines of Senator Hamilton earlier, one of the things right now that a lot of communities, maybe
  • I think that the impact of numbers was actually off by about a factor of 10 because.
  • I don't believe of.
  • And of course, OSBI.
  • And at the end of the day, local control is what I'm in favor of. So I'll be a yes.
OK

Oklahoma 2026 Regular Session

Revenue and Taxation Feb 16th, 2026

Revenue and Taxation

Transcript Highlights:
  • Is there all the ones of work? Yeah. Thank you. They're almost one of the words, I'm sure.
  • Along the lines of Senator Hamilton earlier, one of the things right now that a lot of communities, maybe
  • I think one of the big...
  • be renters of state government for the rest of their foreseeable futures.
  • 9 tenths of 1% of the tax.
Summary: The Revenue and Taxation Committee met and considered several bills. Senate Bill 1776, by Senator Pugh, would create a $10,000 refundable tax credit for teachers with seven consecutive years of service, as part of a teacher retention strategy; after questions about the seven-year threshold, it passed 8-3. Senate Bill 1858, by Senator Frix, would create a new TIF district financing option allowing developers, rather than cities or counties, to borrow against projected TIF revenues; the committee adopted an amendment changing a filing provision from “may” to “shall,” and the bill passed 7-4. Senate Bill 1985, by Senator Guthrie, would let state retirement systems consider limited investments in regulated digital assets, capped at 5% and narrowed to large-market-cap assets; the committee added an amendment inserting “in” to clarify the language, and the bill passed 9-2. The committee then rejected Senate Bill 1302, by Senator Kirt, which would repeal the “path to zero” trigger tied to future income tax cuts; it failed 2-9 after debate over fiscal stability and tax relief. Senate Bill 1809, by Senator Hamilton, would raise the homestead exemption from $1,000 to $5,000; members debated its impact on local governments and school funding, but it passed 9-2. Senate Bill 1401, by Senator Rader, was amended to adjust the insurance premium tax rate from 1.96% to 2.16% and eliminate the home office premium tax credit; the bill was laid over after concerns about its fiscal impact. Finally, Senate Bill 2053, also by Senator Rader, would allow cities and counties to impose up to a 10% excise tax on medical marijuana dispensaries by local vote, with OTC handling collections and enforcement; supporters framed it as local control and a way to offset public safety costs, while opponents argued it unfairly targeted dispensaries and consumers. The bill passed 7-3. The committee then adjourned and announced it would meet again the following Monday after floor activity.
NM

New Mexico 2026 Regular Session

Senate - Education Feb 11th, 2026 at 09:06 am

Senate Education

Transcript Highlights:
  • Would you like to make that statement for me? Thank you, members of committee and chair.
  • of difference.
  • It means that they'll be going through, if you will, the assessment of the school's financials, the dire
  • It's kind of a statement of intent on where these projects are going to fall.
  • And a large part of what he did, a large amount of time.
Bills: SB234 , SB210 , SB243 , SB244 , SM16 , HB8
NM

New Mexico 2026 Regular Session

House - Education Feb 11th, 2026 at 08:39 am

House Education

Transcript Highlights:
  • Here's the thing: because there's a lot of interest, I have a lot of folks on Zoom.
  • 37 on behalf of the Pueblo of Puaque.
  • state who are interested in coming to New Mexico because of the focus that has been galvanized across
  • our, what the objectives of the Indian Education Act, of the Yazzie Martinez Court Order, of all of
  • We do respectfully request consideration of an amendment if there's interest from the committee.
Bills: SB234 , SB210 , SB243 , SB244 , SM16 , HB8
NM

New Mexico 2026 Regular Session

Senate - Education Feb 11th, 2026

House Education

Transcript Highlights:
  • Would you like to make that statement for me? Thank you, members of the committee and Chair.
  • It means that they'll be going through, if you will, the assessment of the school's financials, the dire
  • I think there is some interest among the institutions, certainly in trying to identify some sort of like
  • It's kind of a statement of intent on where these projects are going to fall.
  • And a large part of what he did, a large amount of time.
Bills: SB234 , SB210 , SB243 , SB244 , SM16 , HB8
Summary: The Senate Education Committee began by announcing that SB 210 would be rolled over to Friday and would not be heard. The committee then returned to SB 234, which would provide foster child school transportation funding statewide rather than only for Albuquerque Public Schools. Members adopted an amendment striking the APS-only language and making the bill statewide after testimony from the sponsor, PED, and others that foster youth transportation is a growing issue and should have its own funding stream. The committee discussed how the money might be distributed and whether the $1.2 million appropriation would be sufficient, then voted do pass on SB 234 as amended. The committee next heard HB 8, which creates a Higher Education Major Projects Fund for large capital projects that are difficult to fund through existing capital outlay processes. Testimony from the sponsor, LFC, HED, and university representatives explained that the bill would support projects such as the UNM School of Medicine, an NMSU multidisciplinary building, student housing, student life projects, and certain Division I athletic facilities, while requiring design readiness, institutional matches, and legislative oversight. Several senators raised concerns about the clarity of the prioritization process, the Division I-only athletics language, the recurring nature of future funding, and the relationship to other capital funding streams, but the committee ultimately voted do pass on HB 8. The committee then considered SB 243 and SB 244, nearly identical bills for UNM and NMSU that would each appropriate $5 million for student health, student support, nutrition, travel, scholarships, and other athletic department needs. Athletic directors testified that conference realignment, higher travel costs, nutrition demands, and new revenue-sharing/NIL obligations have increased expenses, and sponsors said the bills were intended as one-time appropriations. Some senators questioned whether the requests should be recurring or funded through university revenue rather than the state, but both bills received do pass recommendations. Finally, the committee heard SM 16, as amended, which asks HED to convene a task force to study parenting students in higher education and recommend ways to collect data and improve support. Supporters said better data is needed to understand barriers such as child care and transportation, and the memorial passed with a do pass recommendation. The committee then adjourned until Friday morning.