Video & Transcript Research : 'deductions'
Page 31 of 95
AZ
Transcript Highlights:
- Just so you get a sense of how much it's going up because these free bets used to be deducted and they
- can no longer be deducted.
- To address the question about the free bets, I believe that deduction is going away January 1st of 2027
- Fiscal year '28 will be the first full year with no free-bet deduction.
Keywords:
stormwater, recharge mapping, water resources, groundwater, appropriation, Arizona, HB2116, Colorado River, litigation fund, water rights, Arizona water law, general fund appropriation, state budget, interstate water compact, Colorado River Compact, water litigation, A.R.S. 45-119, natural resources, water policy, river management
Summary:
The committee first considered House Bill 2116, which would appropriate $1 million in fiscal year 2027 from the State General Fund to the Colorado River Litigation Fund. The sponsor said it was a repeat of last year’s request and was intended as a backup if the seven Colorado River basin states cannot reach a new agreement. Arizona Department of Water Resources staff testified in support, explaining the state’s role in ongoing Colorado River negotiations and distinguishing the litigation fund from the executive’s separate Colorado River Protection Fund. The bill received a due pass recommendation on a 17-1 vote.
The committee then took up House Bill 2053, which appropriates $100,000 to ADWR for updated stormwater recharge mapping and expands the mapping effort beyond state trust lands to private lands. The committee adopted Chairman Livingston’s amendment, which extended the coordination timeline to one year, broadened the agencies involved, and revised language on site eligibility and the definition of stormwater. The sponsor said the bill would help identify more places to capture stormwater for recharge, while ADWR testified neutral, supporting the mapping work but raising a concern about language tied to appropriable surface water because that is a legal determination for the courts. The amended bill passed 11-7.
House Bill 2148 was then heard, proposing to give the legislature authority to appropriate non-custodial federal monies, with requirements for specifying purposes and allowing agencies to spend such funds if the legislature does not act. An amendment excluded university and Board of Regents research grants from the bill’s scope, which the chair said was intended to avoid implementation problems. The sponsor framed the bill as a transparency measure, and members discussed the large amount of federal pass-through funding Arizona receives. The amended bill passed 11-7.
After the bills, the committee received a lengthy JLBC presentation comparing the executive budget with the JLBC baseline. Discussion focused on revenue forecasts, the impact of federal tax conformity, state employee health insurance costs, SNAP administrative and error-rate costs under H.R. 1, developmental disabilities and AHCCCS growth, and K-12/ESA funding trends. Members repeatedly criticized the executive budget for funding some ongoing costs on a one-year basis and expressed concern about rising caseloads and supplemental needs. No formal action was taken on the presentation.
FL
Florida 2026 5th Special Session
FL House Floor Session - 2026-05-29 (10:00AM Session)
Florida House Floor Meeting
Transcript Highlights:
- The program is funded to provide for co-payment and deductible assistance to ADAP clients.
- The program is funded to provide for co-payment, deductible assistance to A-Dap clients.
- So while we don't have the premium assistance, we do have co-pay assistance and deductible assistance
- that didn't reduce any costs or increase any savings, and we are still allowing for co-pay and deductible
- The bill amends the petroleum cleanup participation program to remove program deductibles, co-pays, and
Summary:
The House convened with prayer, a moment of silence for former Senator Donnell C. Childers, the Pledge of Allegiance, and recognition of Officer Antonio Richardson as law enforcement officer of the day. A quorum was announced, the journal was approved, and the Speaker said the chamber would take up 11 budget conference reports, with debate and final votes on each report. The first report considered was HB 7031E, the tax package, followed by HB 501E, the state budget appropriations bill.
On HB 7031E, Chair Duggan explained that the conference report included a range of tax reductions and tax-related changes, including sales tax holidays, property tax and homestead-related provisions, reductions in certain taxes and fees, and new exemptions or administrative clarifications. He said the package also added items such as sales tax relief for certain university construction projects, a tennis admissions exemption, and changes to agricultural property tax treatment, and that the amendment reduced state and local tax revenues by $272.2 million. Members questioned the bill about the child care tax credit reduction from three years to one, the homestead exemption provision for certain diplomats and foreign service personnel, the absence of gas tax relief and combined reporting, and the inclusion of firearm accessories and tennis tickets in sales tax holidays. After structured debate, the House adopted the conference report and passed HB 7031E by a vote of 88-11.
The House then began the conference report on HB 501E, the $114.5 billion budget for fiscal year 2026-2027, which was described as below the prior year’s spending level and leaving more than $14 billion in reserves. Subcommittee chairs outlined major allocations across education, higher education, IT, health care, transportation and economic development, justice, state administration, and agriculture/natural resources. Highlights included increased FEFP funding and veteran teacher raises, full funding for Bright Futures, major IT modernization projects, Medicaid and behavioral health funding, transportation and local infrastructure spending, correctional and law enforcement investments, fire station and emergency response funding, and large environmental and water-quality appropriations. Members asked detailed questions about school voucher fraud oversight, scholarship funding, teacher raises, preeminence funding, ADAP changes, SNAP data tools and error rates, Medicaid rate changes, prison wastewater monitoring, and other budget items, but the transcript ends during the budget questions before final action on HB 501E is shown.
VT
Transcript Highlights:
- that are in their 30s, married with no kids, paying $38,000 for health care this year with a high deductible
- that are in their 30s, married with no kids, paying $38,000 for health care this year with a high deductible
- 15.080>
high for health care this year with a high for health care this year with a high deductible - . deductible. deductible.
TX
Texas 89th Regular
Senate Committee on Health and Human Services Mar 18th, 2025
Health & Human Services
Transcript Highlights:
- But if the patient pays cash, the out-of-pocket expense will not count towards the patient's deductible
- So in many cases, the patient may choose to pay more in hopes of reaching the end of the deductible phase
- encourage the committee to also choose language that results in patients receiving credit towards the deductible
- And move it toward the deductible.
- That was just her having to meet the deductible. Yeah.
Keywords:
immunization, written informed consent, civil liability, health care provider, vaccine compensation, administrative penalty, health care, licensing, complaint procedure, disciplinary action, law enforcement, pharmacy benefit manager, PBM, gag clause, prescription drug pricing, out-of-pocket cost, cash price, pharmacist, pharmacy, prescription drug benefit
NH
New Hampshire 2025 Regular Session
House Ways and Means (02/12/2025)
Transcript Highlights:
- But as a taxpayer, I know that some income is taxable and I know that some expenses can be deducted from
- But as a taxpayer, I know that some income is taxable and I know that some expenses can be deducted from
- Your contribution to that school would be tax deductible, with one exception.
- Your contribution to that school would be tax deductible, with one exception.
- <02:05:43.199>
at Federal small business tax deduction at Federal small business tax deduction
Summary:
The committee opened a public hearing on HB 402, a bill dealing with whether Education Freedom Account (EFA) payments should be described in state law as not constituting taxable income. The bill sponsor argued that the current statute is misleading because New Hampshire should not imply a federal tax result, and said the bill would remove that language and could also be amended to clarify that families should consult tax advisors. He emphasized that the measure was not intended to impose a state tax on EFAs, but to avoid giving inaccurate advice about possible federal tax liability.
Testimony was divided. A retired representative and a tax preparer both opposed the bill, saying EFA payments are already treated consistently with IRS rules and that the bill would create confusion, administrative burden, and possible tax consequences for low- and moderate-income families. They argued the bill is a solution in search of a problem and warned that requiring 1099s could add costs for the scholarship organization and recipients. A tax attorney supported the bill’s repeal of the state language, saying New Hampshire should not put tax advice into statute and that the current wording is inaccurate because federal law, not state law, controls taxability. He cited IRS Section 117 and Publication 970, explaining that only some scholarship-like payments are tax-free and that many EFA-eligible expenses may not qualify for federal exemption.
Members asked questions about what would be misleading, whether the bill was trying to tax EFAs, and the cost of issuing 1099s. The sponsor and witnesses repeatedly said the bill was not a state tax on voucher payments, but a clarification about federal tax treatment. No vote or final committee action was taken in the portion provided.
WA
Washington 2025-2026 Regular Session
Select Committee on Pension Policy May 19th, 2026 at 12:20 pm
Select Committee on Pension Policy
Transcript Highlights:
- percentage of the common fund attorney's fees for the class when it prevailed, either as an upfront deduction
- or as a deduction from future pension payments.
Summary:
The Executive Committee approved the April minutes by roll call vote, with members present voting aye and the minutes adopted. Staff then provided an Attorney General update on pension-related litigation, including the newly filed Dawson class action challenging Gross Second Substitute House Bill 2034, the concluded Dolan case, and the Fowler case, where the trial court orally ruled for plaintiffs on interest calculations and potential disgorgement of state gains, with a written ruling still pending. Committee members emphasized the need for ongoing monitoring and regular reporting on the Dawson case because of its potential impact on the committee and retirement systems.
An actuarial update followed, noting that June will include the preliminary 2025 valuation results and contribution-rate information, along with commentary on the demographic experience study. Staff said actuarial resources are limited and asked that any additional actuarial agenda items be scheduled for July or later. The committee also discussed the draft interim work plan and agreed to move the OSA annual update to July.
A substantial portion of the meeting focused on Plan 1 COLA policy. Retiree representatives urged the committee to keep working on both immediate ad hoc COLA relief and a longer-term ongoing COLA solution. Members discussed a possible budget proviso requiring legislators to consider a COLA each budget cycle, and staff was asked to develop proposals for further discussion. The committee also agreed to add a June briefing on the PERS/PEACERS request involving animal control technicians, and to include an introductory Plan 3 briefing, with possible comparison to Plan 2, on the June agenda. Staff also explained changes to correspondence handling, including removing letters from the public website to better protect privacy while still making records available upon request. The committee approved the revised June agenda and adjourned.
WA
Washington 2025-2026 Regular Session
Select Committee on Pension Policy May 19th, 2026
Select Committee on Pension Policy
Transcript Highlights:
- percentage of the common fund attorney's fees for the class when it prevailed, either as an upfront deduction
- or as a pension, as a deduction from future pension payments.
Summary:
The Executive Committee approved the April minutes by roll call vote, with members present voting aye and the minutes adopted. The committee then received an Attorney General update on several pension-related cases. Counsel discussed the newly filed Dawson class action, which seeks to invalidate Gross Second Substitute House Bill 2034 on federal and state constitutional grounds; she said the pleadings were unclear, the committee’s involvement was uncertain, and the case would need monitoring. She also reported that the Dolan case appears concluded after the Court of Appeals upheld the trial court’s ruling on constructive payment of attorney fees, and that the Fowler case remains pending after an oral ruling for plaintiffs on retroactive interest and possible disgorgement of state gains, with a written ruling still awaited.
The actuarial update said June would include the preliminary 2025 valuation results and contribution-rate discussion, along with commentary on the demographic experience study, and staff noted actuarial resources were limited for additional items until later in the summer or fall. The committee then discussed the interim work plan and correspondence, including letters supporting a Plan 1 COLA recommendation, retiree organization comments, and a request from Senator Robinson to study whether certain animal control technicians should be included in PERS. Members emphasized the need to keep working on an ad hoc COLA for Plan 1 retirees while also exploring a longer-term COLA mechanism, including possible budget proviso language to require COLA consideration each budget cycle.
Staff also explained changes to correspondence handling: materials will no longer be posted publicly on the website, but will still be available through public records requests and distributed securely to members by email or form submission. The committee agreed to add a June briefing on the PERS animal control technician issue and an introductory discussion of Plan 3, and to bring back COLA proposals in July for further executive committee review. The agenda was approved as amended, and the meeting adjourned.
AL
Alabama 2025 Regular Session
Alabama Joint Legislative Budget Hearings (AM) Feb 6th, 2025
FL
Transcript Highlights:
- I'd like to go to slide actually six and seven, and just ask the staff director if it's proper to deduct
- and then now going to slide seven, certainly having the most business applications, is it proper to deduct
Summary:
The Senate Committee on Finance and Tax convened with a quorum present, heard an introductory presentation of committee staff, and then received a staff briefing from Azar Khan on Florida’s state tax structure and revenue outlook. The presentation covered fiscal year 2023-2024 revenues, noting more than $127 billion in total state revenue, with general revenue exceeding $48 billion and sales and use tax making up the largest share. It also compared Florida’s tax burden to other states, highlighted Florida’s low per-capita revenue ranking and strong business formation numbers, and reviewed major and minor revenue sources, tax rates, and the revenue estimating conference process.
Members asked about what drives revenue growth, including population, tourism, construction, and auto sales, and about Florida’s regressivity, corporate income tax participation, and investment earnings on state balances. Khan said the state’s revenue picture remains positive and stable, but that future growth is slower than during the COVID-era spike; he also explained that some negative forecast changes were tied to legislative actions such as the insurance premium tax credit, while others reflected lower tobacco consumption and severance activity. He noted that revenue and spending forecasts are separate and that budget-side growth is driving concerns raised in other state economic projections.
The committee also discussed possible tax package ideas for the upcoming session, including tax holidays and homeowner relief, but no specific proposals were acted on. The chair announced the committee would not meet the following week and that the next meeting would be in week three of February. The meeting concluded with no objections to a motion to adjourn.
MN
Minnesota 2025-2026 Regular Session
Committee on Health and Human Services - 04/14/26
Health and Human Services
Transcript Highlights:
- Or for those people who, admittedly, there's people on high deductible plans and they might have, uh,
- Or for those people who, admittedly, there's people on high deductible plans and they might have, uh,
- <01:34:59.680>
There's <01:35:00.520>um <01:35:00.720>and high deductible plans - There's um and high deductible plans.
- eligible if they have a high deductible eligible if they have a high deductible plan<01:35:18.640
NJ
NV
Transcript Highlights:
- if there's, let's say, a hate symbol on the side of a wall, but there still might have to pay a deductible
- if there's, let's say, a hate symbol on the side of a wall, but there still might have to pay a deductible
Keywords:
Nevada gaming, gaming regulation, sports pool, race book, interactive gaming, slot machines, restricted license, Gaming Control Board, Gaming Commission, game approval, administrative approval, service provider, cash access, wagering instruments, global risk management, information service, sports wagering, pari-mutuel wagering, casino regulation, gaming license
MN
Minnesota 2025-2026 Regular Session
Minnesota House OKs conference committee agreement on cannabis policy bill, SF2370 5/17/25
Transcript Highlights:
- federally, which would be a needed reform and would help immensely every business access needed tax deductions
- federally, which would be a needed reform and would help immensely every business access needed tax deductions
Summary:
The House considered a Senate message announcing that the Senate had concurred in and adopted the conference committee report on Senate File 2370, the cannabis bill. Representative Stevenson moved adoption of the report and explained that the conference committee had largely retained House provisions while making additional changes, including directing the Office of Cannabis Management to return with a medical-market streamlining proposal, expanding testing capacity, and adding an expungement provision. Representative West also urged adoption, saying the bill improved the measure and moved Minnesota closer to a safe, tested, legal cannabis market.
During debate on the bill, West argued that the legislation was still too restrictive but would help create a functioning market, support hemp businesses, ease burdens on medical cannabis operators, and improve public safety and expungement outcomes. Stevenson emphasized the bill’s low-potency hemp beverage wholesaler licensing provisions, saying they would support Minnesota breweries and create a needed wholesaling segment in the cannabis supply chain. He also noted that the bill would generate some licensing revenue and help the state’s cannabis market develop more efficiently.
Members also discussed the importance of preserving the medical cannabis program for patients, including children with seizure disorders, and the need for clearer local control as cities and counties work with preliminary licensees before market launch. Hansen said local governments have key responsibilities under the legalization framework and warned that delays could affect the expected early 2025 launch. After debate, the House adopted the conference report, and the bill passed as amended by conference on an 80-50 vote, with its title agreed to.
MN
Transcript Highlights:
- While these deductions have been running since January, the cash flow impact of this lump sum payment
- While these deductions have been running since January, the cash flow impact of this lump sum payment
- It took us over 6 months of ongoing coordination with our payroll provider to get the tax deductions
- to<00:39:51.960>
get <00:39:52.120>the <00:39:52.200>tax <00:39:52.520>deductions - <00:39:53.040>
properly to get the tax deductions properly to get the tax deductions properly
NH
New Hampshire 2025 Regular Session
House Commerce and Consumer Affairs (01/15/2025)
Transcript Highlights:
- So cost sharing is a broad definition for deductible, co-pay—that's what that references.
- deductible deductible co-pay<04:34:01.760>
that's <04:34:01.959>what <04:34:02.119> - under their plan whatever the deductible under their plan whatever the deductible is<04:34:11.359
- , your specialist visit deductible.
- I think it would factor into whatever the deductible is for emergency services within that plan.
Summary:
The House Commerce Committee opened a public hearing on House Bill 310, sponsored by Representative Keith Ammon, which would create a study commission to develop a legal framework for stable tokens and tokenized real-world assets. Ammon described stable tokens as blockchain-based digital tokens backed by U.S. dollars or treasuries, and tokenized real-world assets as representations of ownership in items such as gold, real estate, or artwork. He said the bill is intended to help New Hampshire get ahead of emerging financial markets while waiting to see how federal legislation develops.
Committee members asked about the purpose of the bill, the difference between this proposal and Bitcoin, whether state regulation could be preempted by federal law, and whether the commission could be balanced and avoid becoming a vehicle for fraud or money laundering. Ammon said the proposal is blockchain-agnostic, could apply to multiple networks, and is meant to regulate asset-backed tokens rather than create a state-issued coin. He emphasized that the state would not be guaranteeing the underlying assets, but would set rules requiring audits, proof of reserves, and honest representation of backing, with the Secretary of State’s securities office involved in oversight.
Several members raised concerns about the risks of stablecoins, including money laundering, tax evasion, and possible harm to the dollar or confusion about whether the state was endorsing a new currency. Ammon responded that the bill would not undermine the dollar and argued that tokenization could actually expand demand for U.S. currency by making it easier to use globally. He also said the state would not be in the business of weighing assets or directly valuing them, only ensuring a valid audit trail and one-to-one backing. The discussion ended with general agreement that the subject is complex and that a commission could help develop future legislation, but no vote or final action was taken in the hearing.
NH
Transcript Highlights:
- So working for many years, I had payroll deductions for my federal income tax, and when I retired I just
- So now we got deducted for the meals that we serve to the person that has challenged this.
- So now we deducts it from the business."
- for the meals that we serve got deducted for the meals that we serve to<00:26:07.279>
the <00: - On the federal level, are these credit card fees deductible as a business expense?
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Mar 10th, 2026 at 09:00 am
Oklahoma Senate Floor Meeting
Transcript Highlights:
- provided further than in settlement with the royalty owner, such producers shall have the right to deduct
- the royalty rate is actually higher than what we're getting here, but they're able to take this deduction
- I understand that when you have an expense, you can deduct that from your taxes.
Bills:
HB1427, SB1403, SB1448, SB1489, SB1546, SB1557, SB1614, SB1377, SB1990, SB1439, SB1630, SB1632, SB1696, SB1796, SB1824, SB1362, SB1849, SB2066, SB2071, SB2104, SB933, SB1633, SB1224, SB1246, SB1280, SB1303, SB1346
Keywords:
tax credit, clean-burning fuel, hydrogen fuel cells, compressed natural gas, liquefied petroleum gas, environmental impact, vehicle modification, renewable energy, job incentives, tax rebates, Oklahoma Quality Jobs Program, employment growth, wage requirements, Oklahoma Consumer Protection Act, consumer protection, unfair trade practices, deceptive practices, exemptions, statutory exemptions, Corporation Commission
MN
Minnesota 2025-2026 Regular Session
House/Senate DFL Media Availability 12/4/25
Minnesota House Floor Meeting
Transcript Highlights:
- As you see our own premiums go<00:20:04.559>
up <00:20:04.880>and <00:20:05.200>deductibles - go<00:20:06.000>
up <00:20:06.320>and <00:20:06.559>co-pays go up and deductibles - go up and co-pays go up and deductibles go up and co-pays go<00:20:07.280>
up <00:20:07.520>
Summary:
House and Senate DFL leaders Erin Murphy and Zach Stevenson discussed Minnesota’s budget forecast, arguing that rising health care costs, federal policy changes under Trump and congressional Republicans, and cuts to health care, food support, and clean energy are worsening the state’s fiscal outlook and household affordability. They said the state’s economy remains strong but is being undermined by higher premiums, tariffs, canceled projects, and shifting costs to state and local governments, while Republicans are prioritizing tax cuts for the wealthy and large corporations over working families.
A major topic was fraud prevention and oversight. In response to questions, the leaders said every dollar of fraud is unacceptable, but that the budget forecast is not the right tool to measure it. They pointed to existing efforts, including BCA investigators, a governor-ordered and legislature-authorized audit, stronger laws passed in 2023-2025, and work on an independent inspector general proposal. They said the House DFL supports stronger anti-fraud measures and wants fraudsters held accountable, while also protecting services for vulnerable Minnesotans.
The leaders also defended prior DFL budget decisions, saying the 2023 legislative session ended with a $5 billion surplus and rejecting Republican claims that DFL spending drained the state’s coffers. They said Minnesota must still balance its budget, but that the structural deficit is being driven largely by rising medical assistance and health care costs, which they argued are tied to federal actions and broader health system instability. No votes were taken in this transcript; it was a press availability with questions and responses.
MN
Minnesota 2025-2026 Regular Session
Legislative Commission on Pensions and Retirement - 03/03/26
Minnesota Senate Floor Meeting
Transcript Highlights:
- Uh, a former employee of Winona State University has pay stubs showing IRA contributions were deducted
- <00:03:29.680>
The <00:03:30.000>state documented payroll deductions. - The state documented payroll deductions.
- Um, Miss Cook can testify that the payments were deducted and there's been no payment received on her
- and there's been no payment deducted and there's been no payment received<00:05:01.840>
on <00
MA
Massachusetts 2025-2026 Regular Session
Formal House Session 25 Jun 21st, 2026 at 11:00 am
Massachusetts House Floor Meeting
Transcript Highlights:
- were made last year are ones we are unable to adjust, such as the state and local tax, or SALT, deduction
- Because this is a federal deduction, its impact cannot be directly addressed at the state level.
Summary:
The House opened with the Pledge of Allegiance and received a resignation letter from Rep. Fana Howard of Lowell, effective March 17, 2026, as she transitioned to the Senate. The chamber then took up several procedural orders, including multiple unanimous or voice-vote suspensions of rules and concurrence with Senate petitions, such as referrals on housing and student transportation matters, and a suspension of Joint Rule 12 for a petition involving children served by DCF.
The main substantive item was House No. 5264, a fiscal year 2026 supplemental appropriations bill totaling about $1.8 billion. Members discussed its use of Fair Share surtax surplus funds for transportation and education, including major support for the MBTA, special education circuit breaker costs, early education and child care, snow and ice costs, regional transit authorities, and other deficiencies such as GIC and sheriff costs. Members also explained the bill’s tax conformity provisions responding to recent federal tax changes, with debate over whether to delay conformity to limit state revenue exposure. The House adopted a consolidated amendment to the bill and then passed it to be engrossed by roll call vote, 150-3.
The House also adopted a resolution commending the Admetek Foundation on Prostate Cancer Awareness Day. Several local bills were advanced, including a sick leave bank for a Department of Corrections employee, a bill waiving the minimum age requirement for a Boston police officer, a Nantucket charter bill, a Stoneham public safety bill, and a Malden special police officers bill, the last of which was amended before being engrossed. The chamber also considered Amendment 43 to redistribute $100 million of Fair Share revenue more evenly to municipalities for roads and education; supporters argued the current distribution favored statewide priorities over local aid, while opponents said the formula would not adequately address rural road needs. That amendment was rejected 128-25. The House then recessed several times, observed moments of silence for local public servants, welcomed visiting youth sports teams, and finally ordered adjournment to meet the next day at 11 a.m. in informal session.