Transcript Highlights:

• Section 5 would modify income limitations applying to housing TIF districts to allow for income averaging
• Regarding income limitations.
• These are constituents, some of whom are low income.
• I'm kind of an average income Minnesotan.
• Hispanic infants and toddlers live in low-income households.

Bills: HF2730, HF2257, HF2768, HF1932, HF2437

Keywords: local government debt, municipal bonds, county bonds, capital improvements, public financing, bond issuance, public hearing, notice period, bond guarantee, Minnesota Public Facilities Authority, volume cap, private activity bonds, housing finance, residential rental bonds, LIHTC, low-income housing tax credits, redevelopment, courthouse financing, jail financing, law enforcement center

Transcript Highlights:

• </c><00:08:22.960><c> tax</c> establishing a temporary income tax establishing a temporary income tax
• the city level or the county?
• This is an income limit currently applying to projects receiving the low-income housing tax credit.
• </c> districts to allow for income averaging. districts to allow for income averaging.
• They're in a low-income area.

Bills: HF2730, HF2257, HF2768, HF1932, HF2437

Keywords: local government debt, municipal bonds, county bonds, capital improvements, public financing, bond issuance, public hearing, notice period, bond guarantee, Minnesota Public Facilities Authority, volume cap, private activity bonds, housing finance, residential rental bonds, LIHTC, low-income housing tax credits, redevelopment, courthouse financing, jail financing, law enforcement center

Transcript Highlights:

• know, being a long-time county worker, we do the right thing every day, regardless of the funding levels
• Think about your households when you weren't bringing in that kind of income during the Great Recession
• I'm shocked to learn this, even at the current funding levels."
• Families can't access early care and learning programs for low-income families.
• For our littlest kids and low-income families. Thank you.

Bills: HF2436, HF2929

Keywords: child welfare, economic assistance, child care, grant program, video security cameras, HF2929, SNAP, Supplemental Nutrition Assistance Program, food assistance, nutrition assistance, public benefits, eligibility determination, income eligibility, federal poverty guidelines, poverty level, county agency, Tribal agency, human services, children and families, benefits administration

Transcript Highlights:

• not, for the record, saying he's decided to attend the U of M or else I'll be in trouble at another level
• by the council, includes conversations like this one today and attempts to influence decisions at levels
• by the council, includes conversations like this one today and attempts to influence decisions at levels
• by the council, includes conversations like this one today and attempts to influence decisions at levels
• We need education and jobs at a higher level than what is being provided to us now, and this plan has

Bills: HF192, HF268, HF1214, HF494

Keywords: Minnesota income tax, dependent exemption, personal income tax, tax relief, family tax relief, children, dependents, tax deduction, tax exemption, state revenue, inflation indexing, tax year 2025, taxable income, household tax policy, family tax credit, HF268, Joshua Schmidt Memorial Highway, memorial highway, highway naming, road designation

Transcript Highlights:

• So, we'll start with the vice president of fixed income. Thank you, Mr. Chair.
• I am vice president of fixed income for the State Board of Investment. >> Okay.
• </c><00:18:22.559><c> for</c> am vice president of fixed income for am vice president of fixed income
• </c> necessary, interest in dividend income necessary, interest in dividend income must<00:27:21.120>
• </c> declining to um to to low levels. declining to um to to low levels.

Bills: HF3900

Keywords: permanent school fund, school endowment fund, Minnesota constitutional amendment, school aid, public school funding, State Board of Investment, investment income, distributable amount, school districts, property taxes, income taxes, voter approval, ballot question, constitutional amendment 2026, education finance, fund perpetuity, purchasing power, trust lands, swamp lands, internal improvement land fund

Transcript Highlights:

• We do the right thing every day regardless of the funding levels that we get. That's what we do.
• Think about your households when you weren't bringing in that kind of income.
• Even at the current funding levels, families can't access early care and learning programs for low-income
• </c><00:12:58.560><c> for</c><00:12:58.880><c> low-income</c> and learning programs for low-income and
• </c> littlest kids and low-income families. littlest kids and low-income families.

Bills: HF2436, HF2929

Keywords: child welfare, economic assistance, child care, grant program, video security cameras, HF2929, SNAP, Supplemental Nutrition Assistance Program, food assistance, nutrition assistance, public benefits, eligibility determination, income eligibility, federal poverty guidelines, poverty level, county agency, Tribal agency, human services, children and families, benefits administration

Transcript Highlights:

• Why did they do it at the federal level?
• do it at taking those and why did they do it at the<00:15:53.040><c> federal</c><00:15:53.360><c> level
• c><00:15:53.920><c> because</c><00:15:54.240><c> he</c><00:15:54.480><c> explained</c> the federal level
• because he explained the federal level?

Bills: SB71, SB71

Keywords: environmental regulation, federal standards, scientific evidence, water quality, administrative law, income tax, tax exemption, Alabama tax code, Section 40-18-3, civilian employees, Department of Defense, DoD, Armed Forces, military pay, combat zone, deployment, National Guard, Reserve components, emergency response, federal employees

Transcript Highlights:

• included in the income tax subtraction for foreign dividends.
• included in the income tax subtraction for foreign dividends.
• Well, it's on the corporate income tax, the CIT, instead of the IIT. Okay.
• You just changed your income from cash to a big thing.
• that it is below your federal adjusted gross income on the form.

Bills: SB1638

Keywords: taxation, income tax, internal revenue code, deductions, tax benefits, retroactive, standard deduction, 1182, all

Bills: SJR81

Keywords: tax exemption, ad valorem, tangible personal property, income production, constitutional amendment, 1185, senate, all

Transcript Highlights:

• It also establishes individual income tax subtractions from Arizona gross income and modifies the deductions
• from taxable income.
• The increase we saw nationwide in corporate income, or in corporate income tax in every state, is also
• Typically, you own a house in Arizona if you're in that income level, and if you have a nice house, maybe
• tax for the state level.

Bills: HB2011, HB2089, HB2090, HB2092, HB2477, HB2785

Keywords: individual income tax, subtraction, Arizona Revised Statutes, retirement benefits, adoption costs, charitable contributions, health insurance, premium payment, Arizona State Retirement System, contingent annuitant, long-term disability, benefits limitations, disability compensation, social security, retirement system, elected officials, ASRS, eligibility waiver, age 65, education savings

Transcript Highlights:

• </c><00:42:36.040><c> in</c> portion of their of their income in portion of their of their income in
• tax, not low-income families or seniors living on fixed Social Security income.
• or even poverty levels?
• or even poverty levels?
• </c><01:43:05.599><c> uh</c> income or even poverty levels uh income or even poverty levels uh unfortunately

Bills: HF25, HF4

Keywords: pregnancy support, women's health, maternity homes, nonprofit organizations, grant funding, abortion, family services, tax relief fund, budget surplus, surplus revenue, tax rebate, tax refund, one-time refund, income tax, property tax, constitutional amendment, Minnesota Constitution, general fund, budget reserve, taxpayer relief

Transcript Highlights:

• Um, but it's those families, the ones right above the subsidy level and even up to median household income
• </c> eight that a lot of our lowest income eight that a lot of our lowest income families<00:36:28.320
• and even up to median the subsidy level and even up to median household<00:36:43.680><c> income</c><
• </c> on that level. on that level.
• </c><00:47:53.119><c> Um</c> credit, earned income credit. Um credit, earned income credit.

Bills: HB2410, HB2235, HB1904, HB2201, HB2349, HB1972, HB2007, HB2385, HB2444, HB2391, HB2575

Keywords: Hawaii Technology Development Corporation, economic diversification, small business, innovation, manufacturing assistance, grants, technology programs, advanced manufacturing, military, community relations, economic development, defense-related programs, workforce development, local business readiness, in-state manufacturing, federal investment, space operations, orbital sustainability, aerospace, space traffic management

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.

Transcript Highlights:

• level.
• level.
• ><c> Income</c><01:13:44.960><c> Tax</c><01:13:45.199><c> Credit</c> federal Earned Income Tax Credit
• </c><01:14:04.360><c> tax</c> mainly because their earned income tax mainly because their earned income
• </c> they lose eligibility at a lower income they lose eligibility at a lower income level<01:14:28.159

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:

• Um, I mean just to level set the discussion here, can we talk about the cost of today's electric bills
• </c><01:25:40.320><c> of</c><01:25:41.360><c> of</c> make a choice of what level of of make a choice
• of what level of of benefit<01:25:42.400><c> they</c><01:25:42.719><c> want</c><01:25:42.800><c> to</
• Since before Governor Lingle was governor, at the governor's level, I advised her on the undersea cable
• , I advised her on the undersea level, I advised her on the undersea cable<02:22:07.439><c> as</c><02

Bills: HB2284

Keywords: energy assistance, low-income households, electricity costs, Hawaii home energy assistance program, energy efficiency, 910, house, all

Summary: The hearing covered House Bill 2284, which would create the Hawaii Home Energy Assistance Program in the Department of Human Services to help qualifying households pay energy bills and direct the Public Utilities Commission’s public benefits fee administrator to provide information and assistance to recipients. Testimony from the Division of Consumer Advocacy, DHS, and the Public Utilities Commission was in support. A committee member asked about how the program would interact with existing TANF-related energy assistance and whether rules could be adjusted to avoid duplicative benefits; DHS said logistics would need to be worked out and that the agencies would make the rules. The committees noted the bill’s $1.5 million appropriation and moved it forward with amendments, including blanking out amounts and noting them in the committee report. Both committees voted to pass HB 2284 with amendments, with the recommendation adopted. The committee then heard House Bill 2486, relating to plug-in or balcony solar. DCCA, the Climate Change Mitigation and Adaptation Commission, and the Public Utilities Commission stood on prior testimony in support of the bill’s intent. Multiple advocates and organizations, including Carbon Cashback Hawaii, 350 Hawaii, Bright Saver, Sierra Club of Hawaii, and others, testified in support, arguing that plug-in solar would lower electricity bills, expand access for renters and condo residents, and reduce emissions. Several speakers urged the committee to remove or avoid registration, reporting, feed-in tariff, interconnection fee, and other requirements they said would create barriers. Bright Saver testified that the systems are safe and would not back-feed during outages. No vote was taken on HB 2486 during the excerpt. Finally, the committee heard House Bill 1568, which would prohibit the importation or storage of LNG in the state and the construction of related infrastructure. State agencies including the Consumer Advocate, Hawaii State Energy Office, Public Utilities Commission, and Hawaiian Electric opposed the bill, with the Energy Office arguing LNG would perpetuate oil use on Oahu and expose the state to price volatility. Supporters included Life of the Land, Sierra Club of Hawaii, Greenpeace Hawaii, 350 Hawaii, Earthjustice, Our Hawaii, and others, who argued LNG would lock Hawaii into another fossil fuel dependency, create major infrastructure costs and safety risks, and undermine the state’s renewable energy goals. Several testifiers cited climate and affordability concerns and urged the committee to reject LNG. The excerpt ends during testimony on HB 1568, before any committee action or vote is shown.

Transcript Highlights:

• If we do have an ambitious agenda or if there have been conversations about the level of bill debate
• Me getting a direct tax credit for my personal income tax will be a good incentive.
• They don't have an income tax at all.
• So anything that we can be doing to bring that income tax liability down is going to... ...an income
• That's their operating income.

Bills: SB12, SB13

Keywords: tax credit, physician, healthcare, income tax, rural health, tax deduction, gross receipts, coinsurance, managed care, 996, all

Transcript Highlights:

• tax due by that uh dentist or income tax due by that uh dentist or clinician<00:13:28.480><c> each</
• Williams, federal law includes an exclusion from gross income for $5,000.
• </c> care about um helping the lowest income care about um helping the lowest income members<01:24:39.280
• , and this is not the same as universal basic income.
• , and this is not the same as universal basic income.

Bills: HF1833, HF148, HF1127, HF1227, HF1681, HF1974, HF1106, HF1016, HF2197

Keywords: sales tax, education funding, construction, Aitkin Public Schools, tax exemption, refundable credit, HF148, use of force training, deadly force, peace officer training, police training, law enforcement, POST Board, Board of Peace Officer Standards and Training, scenario-based training, de-escalation, defensive tactics, force-on-force training, stress management, officer wellness

Transcript Highlights:

• determining the limit related to excluding certain income from controlled foreign corporations.
• Um the federal changes taxable income.
• Uh and then there were taxable income.
• </c> tax impacts are in the individual income tax impacts are in the individual income tax,<00:39:12.880
• </c> international even a regional level. international even a regional level.

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: HB163

Keywords: income tax, research expenditures, economic development, tax deductions, Tax Cuts and Jobs Act, Alabama tax law, 1136, house, all

Transcript Highlights:

• So, the intent of the mixed-income subaccount was to fund mixed-income rental projects for households
• 15:37.160><c> subaccount</c> intent of the mixed-income subaccount intent of the mixed-income subaccount
• </c> portion of the project be a mixed-income portion of the project be a mixed-income rental<00:16:16.000
• </c> owner-occupied use with income owner-occupied use with income restrictions.<00:45:24.359><c> So,
• </c> 201H units and will have income 201H units and will have income restrictions<00:45:37.080><c> and

Bills: SB2069, SB2177, SB2342, SB2060, SB2544, SB3011, SB2061, SB2552

Keywords: SB2069, Hawaii housing, HHFDC, Hawaii Housing Finance and Development Corporation, Dwelling Unit Revolving Fund, equity pilot program, housing affordability, homeownership, first-time homebuyer, for-sale housing, transit-oriented development, TOD, transit-oriented development zone, bus route, bus stop, critical workforce housing, health care workers, educators, law enforcement, correctional officers

Summary: The House Housing Committee opened its Friday morning hearing by noting potentially catastrophic flooding on the island and acknowledging that some members were absent helping their communities, so quorum for voting was uncertain. The committee then heard testimony on several housing-related measures, with most bills drawing support from housing agencies and community organizations and little or no opposition in the room. On SB 2069 SD2, SB 2177 SD2, and SB 2342 SD2, witnesses largely supported the measures. HHFDC supported SB 2069 and SB 2177, and HPHA supported SB 2342. For SB 2342, HHFDC raised concerns that the bill would alter the Qualified Allocation Plan outside the normal open, public process required by federal law and could exclude stakeholders; Kathy Charities echoed those concerns and also objected to changing point allocations in ways that could raise rents and weaken long-term affordability. Members questioned HHFDC about how the QAP is normally updated, the meaning of the point system, and whether a legislative working group could mandate changes; HHFDC said recommendations would still need public hearing and board approval. The committee also heard SB 2060 SD2, which would create a mixed-income subaccount in the rental housing revolving fund. HHFDC said the subaccount would likely use tier-two funds, estimated at about $100 million total, to support mixed-income projects above 60% AMI, citing Front Street Apartments as a possible example. Members asked about project selection and funding needs. On SB 2544 SD2, OHA opposed the bill’s Chapter 6E-related exemptions and mandatory review timelines, arguing that burial review protections should not be weakened and that the SPEED Task Force process was a better venue for streamlining. The sponsor later clarified that the bill was not meant to eliminate the 60-day review process but to make the deadline clearer. For SB 3011 SD1, which concerns public housing and pet ownership, HPHA and several humane organizations supported the measure, saying it would help low-income residents and seniors keep pets and benefit from animal companionship. HPHA explained its existing pet policy, including deposits, monthly fees, and restrictions, and said the requested funding would support ADA-accessible pet areas and related administration. Finally, on SB 2061 SD2, HCDA supported the bill while OHA opposed it unless protections for Hawaiian Crown and Government lands were strengthened. Committee members questioned the project’s 60/40 split between income-restricted and market-rate units, the 10-year owner-occupancy restriction, and the procurement exemption; the sponsor said the exemption was tied to a real estate transaction and that the project would still use 103D-like solicitation procedures. No votes were taken during the hearing, and several items were left for later action because quorum was uncertain.

Bills: SB2738

Keywords: tax haven, corporate tax, foreign subsidiaries, income reporting, state revenue, transparency, tax law, penalties, apportionment, economic policy, 912, senate, all

Summary: The meeting reconvened on Senate Bill 2760 during the Tuesday, February 17, 2026 decision-making agenda in Conference Room 229 at the Hawaii State Capitol. The only action discussed was a recommendation to defer action on the measure for one additional day. Members were informed that the committee would reconvene in Room 229 on Wednesday, February 18, 2026, at 10:07 a.m. to consider action on the bill. No vote was taken on the measure at this session. The meeting was then adjourned.