Transcript Highlights:

• The confusion lies in the fact that dealer franchise agreements with their manufacturers often include

Bills: HF747, HF1014, HF320, HF400

Keywords: corporate governance, shareholder rights, beneficial ownership, defective corporate acts, Minnesota Business Corporation Act, Minnesota Insurance Guaranty Association, MIGA, insurance guaranty fund, insurer insolvency, covered claim, net worth threshold, high-net-worth insured, financial information request, insurance claims, self-insured retention, deductible, commercial insurance, insurance regulation, Minnesota Statutes 60C.09, guaranty association

Transcript Highlights:

• The whole point is if you have a franchise agreement and you are currently able to close, many of you
• And so you have a franchise agreement and then it's time to renew or do something else.
• law in Alabama and I change franchise law in Alabama and I made<00:03:07.120> very<00:03:07.760
• The whole point is is if you<00:03:13.120> have<00:03:13.360> a<00:03:13.599> franchise
• <00:03:28.800> agreement<00:03:29.840> and so you have a franchise agreement and so

Bills: SB138, SB166, SB117

Keywords: franchise, franchisor, franchisee, religious freedom, religious accommodation, sincerely held belief, Sunday closing, Sabbath, day of worship, contract law, commercial contracts, renewal, amendment, brand standards, small business, business hours, civil penalties, injunctive relief, attorney fees, Alabama

Transcript Highlights:

• measuring business size, looking at the impacts of the individual income tax versus the corporate franchise
• individual income tax versus the the individual income tax versus the corporate<00:38:22.640> franchise
• c> tax<00:38:23.680> can<00:38:23.839> at<00:38:23.920> least corporate franchise
• tax can at least corporate franchise tax can at least give<00:38:24.320> a<00:38:24.480> little

Bills: HF3127, HF3816, HF3814, HF3815, HF3817

Keywords: taxation, pass-through entity, qualifying owner, partnership, S corporation, tax return, corporate franchise tax, individual income tax, research expenditures, federal compliance, Minnesota Statutes, income tax, corporate tax, section 179, federal conformity, HF3815, Minnesota taxes, tax conformity, Internal Revenue Code, IRC conformity

Bills: S0124, S0216, S0382, S0488, S0490, S0524, S0584, S0656, S0816, S0892, S1156

Keywords: Florida Virtual School, FLVS, virtual school, online education, distance learning, K-12 education, public school choice, charter-like franchise, student enrollment priorities, home education, homeschool, military families, active duty military, rural schools, inner-city schools, accelerated graduation, education technology, supplemental funding, direct-support organization, foundation

Summary: The Committee on Fiscal Policy met and first postponed SB 524 and SB 1156. It then heard and favorably reported several bills, including SB 488 and SB 490 by Sen. Massullo, which update Department of Highway Safety and Motor Vehicles procedures, raise the crash-reporting threshold, expand email use, and create a related public-records exemption. The committee also favorably reported SB 892 by Sen. Martin on enhanced sentencing for repeat offenders, SB 124 by Sen. Rodriguez updating Florida Virtual School statutes, and SB 584 by Sen. Yarbrough strengthening oversight of commercial driving schools and tax collector authority. SB 656 by Sen. Bradley, codifying the Internet Crimes Against Children Task Force and related grant program, and SB 816 by Sen. Bradley, formally establishing the University of Florida Diabetes Institute, also passed unanimously or near-unanimously. The most extensive debate centered on SB 216 by Sen. McLean, which would tighten unemployment assistance eligibility by adding job-search requirements, more frequent verification, and fraud-reporting measures. Supporters argued the bill would reduce fraud and improve program integrity, while opponents from labor groups and several senators warned it would burden claimants, especially rural residents, seniors, and workers facing layoffs, and could sharply reduce access to benefits. Despite those objections, the committee reported the bill favorably on a divided vote. The committee also considered CS/SB 382 by Sen. Truenow on electric bicycles, requiring riders to yield to pedestrians, sound an audible signal before passing, and limit speed near pedestrians, while creating a task force to study broader regulation of e-bikes and related devices. A mother whose son was killed on an electric scooter urged the committee to restore scooters to the bill, and several members expressed support for further work on that issue. The committee reported the bill favorably. At the end of the meeting, members recorded additional affirmative votes on selected tabs, and the committee adjourned.

Bills: HF1359, HF1829, HF290, HF1933, HF926

Keywords: solid waste management, resource management account, environmental fund, taxation, Minnesota statutes, homestead, property tax, classification, disability, resort properties, recreational use, commercial property, tax refund, estimated tax, interest on refunds, income tax, corporate franchise tax, S corporation, partnership, corporation

Transcript Highlights:

• Members, Senate Bill 263 is Radio Broadcasters Franchise Tax.
• Applicable to broadcasting and live and pre-recorded television radio programs it helps ensure franchise
• It's a franchise tax consisting between radio and television broadcasters.
• broad... ...casters that have the local communications aren't wrapped... that's being taxed on the franchise
• tax side by the big broad net of franchise tax.

Bills: SB260, SB263, SB293, SJR18

Keywords: school safety, Foundation School Program, education funding, student allotment, Texas education, SB 263, Texas franchise tax, cost of goods sold, COGS, broadcasters, television broadcasting, radio broadcasting, media tax, broadcast license, FCC, 47 C.F.R. Part 73, 47 C.F.R. Part 74, film production, television production, tax deduction

Bills: HB 346, HB 1360, HB 1510, HB 1606, HB 1804, HB 1805, HB 2156, HB 2391, HB 2767, HB 3022, HB 3044, HB 3272, HB 3293, HB 3493, HB 3809, HB 3824, HJR 110, HB 2463

Keywords: expedited service, business records, veteran-owned businesses, franchise tax, fee schedule, Texas Ethics Commission, election reporting, campaign finance, violation categorization, penalties, public disclosure, ethics, transparency, political subdivisions, administrative penalties, compliance, religious freedom, commission, government, advocacy

Bills: HB 346, HB 1360, HB 1510, HB 1606, HB 1804, HB 1805, HB 2156, HB 2391, HB 2767, HB 3022, HB 3044, HB 3272, HB 3293, HB 3493, HB 3809, HB 3824, HJR 110, HB 2463

Keywords: expedited service, business records, veteran-owned businesses, franchise tax, fee schedule, Texas Ethics Commission, election reporting, campaign finance, violation categorization, penalties, public disclosure, ethics, transparency, political subdivisions, administrative penalties, compliance, religious freedom, commission, government, advocacy

Transcript Highlights:

• of SIC codes used to define retail trade for purposes of determining whether a company should pay franchise
• Because we rent, rather than sell, we pay twice as much franchise tax as comparable companies.

Bills: SB1211, SB1574, SB2774, SB2873, SB2900, HJR4

Keywords: hydraulic fracturing, sales tax exemption, oil and gas, environmental impact, water reuse, justice, judicial council, centers of excellence, court operations, recognition program, franchise tax, retail trade, tax classification, business regulation, economic impact, SB 2873, Texas Tax Code, electronic filing, e-filing, tax reports

Transcript Highlights:

• Senate Bill 524 aims at permanently exempting new veteran-owned businesses from franchise tax and certain
• It allows veterans to be exempt from the franchise tax for five years.
• The exemption from the franchise tax is an invaluable financial boost for many small companies, and I

Bills: SB524, SB782, HB42, HB1056, HB2894, HB3033, HB3474, HB3594, HB4738, HB5246, HB42

Keywords: SB 524, Texas franchise tax, veteran-owned business, new veteran-owned business, business tax exemption, filing fee exemption, Tax Code Chapter 171, Business Organizations Code, Comptroller, small business, veterans, entrepreneurship, tax repeal, privilege tax, beginning date, franchise tax exemption, severance tax, oil, gas, restimulation wells

Transcript Highlights:

• Then on top of that, you got to pay a what's called a franchise fee.
• First, it caps the municipal franchise fee.
• So in order to do that, they chose that we would. have a 23% franchise tax.
• It's not a tax, it's a franchise fee on solid waste. So that is 48% of our general fund budget.
• Someone is paying for it. at franchise tax, that what a franchise tax does is it's.

Bills: HB5057, HB4519, HB5033, HB3997, HB 1237, HB1904, HB4400, HB 1227

Keywords: solid waste management, exclusive contracts, public agency, contract amendment, notification requirements, Texas Health and Safety Code, Texas Emissions Reduction Plan, TERP, air quality, emissions reduction, clean fleet, alternative fuel, natural gas vehicles, hydrogen fuel, hydrogen infrastructure, diesel replacement, fleet grants, TCEQ, Texas Commission on Environmental Quality, clean school buses

Bills: HB304, HB401, HB556, HB1475, HB1489, HB2259, HB2424, HB2773, HB2811, HB3323, HB304

Keywords: voter ID, citizenship proof, provisional ballot, election security, Texas, voting rights, deep fakes, misleading videos, election integrity, criminal offense, digital misinformation, deep fake, political manipulation, misinformation, artificial media, political influence, artificially generated media, election influence, Texas Election Code, healthcare reform

Transcript Highlights:

• As Chairman Guerin said, this bill would extend the current R&D credit for franchise tax that's set to
• The bill would extend the franchise tax credit, repeal the sales tax exemption, and tie the franchise
• , most importantly, for small businesses that would otherwise claim the sales tax exemption, the franchise
• SB 263 confirms existing franchise tax provisions that apply to broadcasting, specifically over-the-air
• So this bill is just trying to synchronize the same franchise tax treatment and the definitions between

Bills: SB263, SB467, SB850, SB1030, SB1352, SB1453, SB2064, SB2206, SB2779, SJR84

Keywords: SB 263, Texas franchise tax, cost of goods sold, COGS, broadcasters, television broadcasting, radio broadcasting, media tax, broadcast license, FCC, 47 C.F.R. Part 73, 47 C.F.R. Part 74, film production, television production, tax deduction, margin tax, Texas Tax Code, depreciation, amortization, broadcast rights

Transcript Highlights:

• The second addition to this committee substitute makes permanent the exemption from franchise tax for
• The second addition to this committee substitute makes permanent the exemption from franchise tax for

Bills: HB346, HB1851, HB2974, HB5596, HCR118, HCR127, HCR141

Keywords: expedited service, business records, veteran-owned businesses, franchise tax, fee schedule, surplus vehicles, law enforcement equipment, school districts, Texas Facilities Commission, economically disadvantaged areas, HB 5596, voter-approval tax rate, property tax, ad valorem tax, Tax Code, Texas municipalities, coastal municipality, eligible coastal municipality, municipal hotel occupancy tax, hotel occupancy tax revenue

Summary: The Senate Economic Development Committee heard and laid out several measures focused on school safety, Texas-Taiwan relations, defense manufacturing, business formation, hotel tax policy, and NASA relocation. HB 1851 would allow surplus DPS vehicles and law enforcement equipment to be transferred to school districts in economically disadvantaged areas for use by school police and security personnel, with a two-year resale restriction. HCR 127 expressed support for the Texas-Taiwan relationship and trade ties, HCR 118 supported expanding warship manufacturing in Texas, HCR 141 urged Congress to move NASA headquarters to Houston, HB 346 (with a committee substitute) revised business filing and fee authority while making permanent a franchise tax exemption for new veteran-owned businesses, HB 2974 was an omnibus hotel occupancy tax and qualified hotel project bill, and HB 5596 addressed accountability for municipal hotel occupancy tax revenues in coastal communities. Witnesses generally supported the measures, including the Texas Hotel and Lodging Association on HB 2974 and resource witnesses from the Texas Veterans Commission and Secretary of State on HB 346; no opposition testimony was registered on the laid-out bills. After public testimony, the committee took up pending business and adopted committee substitutes where applicable. HB 1851, HB 346, HB 2974, and HB 5596 were each reported favorably to the full Senate, with HB 346 and HB 2974 also recommended for the local and uncontested calendar. HCR 127 and HCR 118 were reported favorably as well, and HCR 127 and HCR 141 were likewise recommended for the local and uncontested calendar. The committee also reported HB 4320 favorably, though the transcript repeats that motion several times. The meeting ended with the committee standing in recess until 7:00 a.m. subject to the call of the chair.

Transcript Highlights:

• The committee substitute makes permanent the exemption from franchise tax for a new... ...veteran-owned

Bills: HB346, HB1851, HB2974, HB5596, HCR118, HCR127, HCR141

Keywords: expedited service, business records, veteran-owned businesses, franchise tax, fee schedule, surplus vehicles, law enforcement equipment, school districts, Texas Facilities Commission, economically disadvantaged areas, HB 5596, voter-approval tax rate, property tax, ad valorem tax, Tax Code, Texas municipalities, coastal municipality, eligible coastal municipality, municipal hotel occupancy tax, hotel occupancy tax revenue

Transcript Highlights:

• My name is Ken Ortiz, and I'm with the New Mexico Auto Dealers Association, which represents 120 franchise

Bills: SB12, SB36, SB92, SB120, SB133, SB151, SB18, SB96

Keywords: tax credit, physician, healthcare, income tax, rural health, quantum technology, infrastructure, economic development, New Mexico, corporate tax, research and development, innovation, affordable housing, gross receipts tax, tax deduction, construction materials, multifamily housing, low income, journalism, local news

Transcript Highlights:

• If it's a new type of franchise that they're doing, most every franchise agreement lays out the days
• If it's a new type of franchise that they're doing, most every franchise agreement lays out the days
• <00:08:42.640> or relationship between franchise or relationship between franchise or franchisee
• :11:06.000> they're<00:11:06.240> using franchises out there where they're using franchises
• <00:11:25.120> or and buys that particular franchise or and buys that particular franchise

Bills: HB418, SB138, SB215, HB418, SB138, SB215

Keywords: financial services, banking, insurance, debanking, social credit score, ESG, environmental, social, and governance, diversity, equity, and inclusion, DEI, religious freedom, free speech, viewpoint discrimination, political discrimination, firearms, gun industry, ammunition, fossil fuels, oil and gas, mining, timber

Transcript Highlights:

• The legislature passed House Bill 800, which created the R&D franchise tax credit and sales tax exemption
• It extends the R&D franchise tax credit program and repeals the insufficient sales tax exemption.
• law, franchise tax, and sales tax.
• There is a federal R&D tax credit, and the bill before you would tie the franchise tax credit directly
• The R&D incentive program consists of two options: a franchise tax credit, very similar, which is being

Bills: SB214, SB935, SB1030, SB1901, SB2018, SB2020, SB2066, SB2206

Keywords: HVAC, tax exemption, energy efficiency, residential heating, installation services, Energy Star, sales tax, residential, installation, sales tax exemption, Environmental Protection Agency, temporary exemption, motor fuel tax, county exemption, diesel fuel, gasoline tax, transportation funding, SB 1030, Texas Tax Code, use tax exemption

Bills: HF1698, HF632, HF1352, HF2197, HF618, HF1248, HF1697

Keywords: property tax, exemption, leased land, public use, commercial property, HF632, Minnesota property tax, conservation easement, conservation restriction, assessed value, property valuation, tax assessment, real property, land conservation, farmland preservation, natural areas, riparian buffer, water quality, water quantity, county assessor

Transcript Highlights:

• So customers that are using those services are paying sales taxes, they're paying franchise fees and
• Well, it's my pleasure to lay out 1769 which attempts to create consistency in the current franchise
• Because we rent rather than sell, we pay twice as much franchise tax as comparable companies.
• A reduction in their franchise tax would go a long way in helping. us achieve a goal of adding more capacity
• a financial incentive for the companies that upskill and train them. them. and fund to offset a franchise

Bills: HB19, HB30, HB851, HB1663, HB1681, HB1769, HB1937, HB1979, HB2428, HB2433, HB2825, HB3159, HB3424, HB3486, HB3487, HB3504, HB3605, HB3879, HB3994, HB4382, HB4752, HB5444, HB5446, HB5447, HB3199, HB4847, HB19

Keywords: local government debt, property tax, ad valorem tax, bond election, certificate of obligation, anticipation note, school district tax rate, voter-approval rate, debt service cap, municipal finance, county bonds, flood control district, hospital district, public works, tax transparency, property tax notice, November uniform election date, general obligation bonds, local debt reform, taxpayer notice