Video & Transcript Research : 'qualified project'

Page 32 of 500
TX
Transcript Highlights:
  • for reimbursement for projects designated by the Office of the Governor as a Texas heritage project
  • If the project does not meet TFC guidelines, then the applicant is informed, and the project could be
  • The uplifts are the additional grants that a project could qualify for.
  • There's a 2.5% uplift, so in addition to a project that qualifies at the highest level of 20%, if they
  • They have had similar projects everywhere, including film, television, and commercial projects, and it's
Bills: SB22, SB 22
NM

New Mexico 2026 Regular Session

House - Commerce and Economic Development Jan 28th, 2026 at 02:54 pm

House Commerce & Economic Development Committee

Transcript Highlights:
  • So companies using publicly owned project sites are treated the same as those using privately owned project
  • So when you've got an R&D project with...
  • By allowing qualified expenditures on municipal or county-owned property tied to IRB projects, this bill
  • entity that may not or shouldn't be qualified.
  • But this bill would enable additional projects.
Keywords: 996, all
WA
Transcript Highlights:
  • Then a community uses these donations for operations, marketing, beautification projects, and other projects
  • Qualifying data center projects could be new construction or refurbishments.
  • All the projects have been refurbishments.
  • As mentioned, all qualifying projects are refurbishments and the facilities all predate the existence
  • The refurbishment project could very well have included that.
Summary: The committee met on July 15, 2026, but initially lacked a quorum, so it could not adopt prior minutes. Chair Jerry Pollett welcomed new member Senator Victoria Hunt and new JLARC staff, and noted national recognition for recent JLARC reports. The meeting then moved into a series of preliminary audit presentations and an agency strategic management update, with committee members asking questions after each item. JLARC presented a preliminary audit of DCYF’s Juvenile Rehabilitation programs. Staff concluded that crowding, staffing shortages, weak risk assessments, and inconsistent programming combine to create unsafe conditions. The report found that most youth are housed in two large secure facilities operating near or above capacity, incidents rise as population rises, 47% of frontline staff leave within a year, current assessment tools are not valid for the population, and program access depends more on facility than individual need. JLARC made one recommendation to the legislature to address crowding and seven to DCYF, including improving retention, training, incident response procedures, validated assessments, program alignment, and data quality. DCYF Secretary Ross Hunter said the agency agreed overcrowding is a serious problem, described ongoing efforts to improve staffing and safety, and said a detailed response would be provided later. Committee members raised concerns about education access, retaliation against staff or youth who participated in the audit, and whether JR-25 has helped or worsened conditions. JLARC then presented a preliminary audit of Labor and Industries’ enforcement of farm worker labor laws. The audit found that L&I generally meets inspection timelines for health and safety complaints, but not for wage and hour or retaliation complaints, where delays are driven largely by time before assignment to an investigator. Staff said complaint volume exceeds capacity, though the agency has added staff, created screening processes, and reorganized workloads, and 2026 legislation now allows prioritization of complaints and broader investigations. JLARC recommended that L&I report back in December 2026 and December 2027 on backlog reduction and implementation of the new law. An L&I representative said the agency is hiring additional staff and will provide a formal response later. The committee also received a JLARC overview and Department of Health strategic management plan update on hospital data reporting, inspections, complaints, and adverse event reporting. DOH reported measurable progress on inspection compliance, new staffing and licensing systems, translated complaint forms, and plans for future work on language access, adverse event reporting, and financial data dashboards. After lunch, JLARC began its 2026 tax preference performance reviews. The first review covered the Main Street tax credit, which JLARC said has helped increase the number of Main Street communities and businesses, with positive growth near designated districts; JLARC recommended continuing the preference and improving business-count data. The second review covered the equitable access to credit program, which JLARC said appears to support underserved communities by funding loans through CDFIs; JLARC recommended continuing the preference beyond its 2027 expiration. The committee began questions on the program mechanics and the role of the Community Reinvestment Act, and the presentation was still underway when the transcript ended.
ND

North Dakota 2026 1st Special Session

Human Services Committee May 27th, 2026 at 09:00 am

Human Services

Transcript Highlights:
  • And what that means is that there is a potential to lose projects if our Tier 2 projects are not awarded
  • And what that means is that there is a potential to lose projects if our Tier 2 projects are not awarded
  • Tier 1 is historically renewals of existing projects and their core infrastructure projects.
  • I work as a technical project... I work as a technical project manager.
  • Reimbursement project on development activities and status information for the project. Welcome.
Keywords: 908, all
HI

Hawaii 2025 Regular Session

HOU Public Hearing 01-23-2025

Housing

Transcript Highlights:
  • um at 30% gives preference to projects um at 30% of<00:12:28.519> the<00:12:28.639> area
  • is feasible otherwise they the project is feasible otherwise they could<00:13:56.880> not<00:
  • Trust Fund projects are below 30%<00:14:15.320> 30%<00:14:15.839> of<00:14:15.959>
  • It establishes a working group to revise the state's qualified allocation plan, the prioritization of
  • <00:22:24.400> for developers can qualify for developers can qualify for prioritization<00
Keywords: 912, senate, all
Summary: The Committee on Housing heard testimony on several housing-related measures. Senate Bill 65 would appropriate funds to the Hawaii Public Housing Authority for rehabilitation and repair of public housing units. Testifiers from the Department of Human Services, HPHA, Catholic Charities Hawaii, and Roar Cares supported the bill, emphasizing that repairing vacant units is a fast, cost-effective way to increase available housing for homeless and elderly residents. HPHA later told the committee it had 139 vacant units, with an estimated average repair cost of about $73,000 per unit. In decision-making, the committee recommended passage of SB 65 with amendments, including an appropriation of $10,147,000, and the motion passed. The committee also considered Senate Bill 40, which would allow HHFDC to secure a line of credit or other indebtedness for the bond volume cap recycling program. HHFDC supported the measure and explained that Act 35 had provided a $150 million line of credit for fiscal year 2025 only, so this bill would extend that authority; HHFDC said the bonds involved would be revenue bonds. Roar Cares supported the bill, while the chair asked whether the Legislature would need to pass such a bill annually. In decision-making, the committee recommended passage with amendments to specify revenue bonds and noted the administration should study other ways to secure the line of credit without annual legislation. For Senate Bill 35, which would create a Housing Efficiency and Innovation subaccount within the rental housing revolving fund and allow fund transfers without legislative approval, HHFDC and several others supported the measure, arguing that more flexible fund movement would improve efficiency. The committee adopted a recommendation to pass SB 35 with amendments, including language prioritizing projects on state or county land or projects by entities required to reinvest surplus into housing, and noting nonprofit developers could qualify for prioritization. Senate Bill 42, which would repeal certain 30% AMI set-aside and preference requirements for rental housing revolving fund projects, drew opposition from Catholic Charities Hawaii, which argued the bill would reduce the supply of the most vulnerable housing units, while HHFDC warned it could reduce production of 30% AMI units. The committee deferred SB 42. The final bill discussed was Senate Bill 75, which would establish a working group to revise the state’s qualified allocation plan and related rental housing revolving fund loan terms and report back to the Legislature. HHFDC and others offered comments, while Catholic Charities asked that the bill be deferred, saying HHFDC already had the capacity to work with the community without a new law. Roar Cares supported the concept but urged broader stakeholder inclusion. In decision-making, the chair said the committee report would note concerns about prior QAP revisions and the need for more transparent, ongoing stakeholder participation, and the committee recommended passage of SB 75 without amendments. All recommendations were adopted, and the hearing adjourned.
TX

Texas 89th 2nd C.S.

Land & Resource Management Jul 20th, 2026

Land & Resource Management

Transcript Highlights:
  • We have 17 active projects, which amounts to 12 residential subdivisions and five multifamily projects
  • We have also implemented virtual inspections for qualifying projects and are testing an AI-powered plan
  • We see with residential projects that about 50% of our projects are going to third-party review right
  • We see with residential projects that about 50% of our projects are going to third-party review right
  • Qualified.
Keywords: 1184, house, all
Summary: The committee met to monitor implementation of several housing-related bills from the 89th session, with the chair emphasizing Texas’s housing shortage and the need to review land-use laws. For House Bill 24, witnesses from the Texas Public Policy Foundation, Reason Foundation, a church-affordable housing project, Habitat for Humanity, developers, and housing advocates said the bill’s higher protest threshold and simpler council override had reduced procedural barriers to rezoning, helped projects move forward, and supported lower rents and more multifamily development. Public testimony largely praised HB 24 as working as intended, and the chair noted it had passed the committee 6-1, the House 83-56, and the Senate unanimously. The committee then heard testimony on Senate Bill 1567, which preempted certain municipal occupancy limits based on unrelated-adult restrictions. Supporters, including Texas Public Policy Foundation, Texas Realtors, Texans for Housing, and Texas A&M student leaders, said the law improved clarity, reduced arbitrary local limits, and helped students and property owners use existing housing more efficiently. Opponents from College Station and Bryan-College Station neighborhood groups argued the law has encouraged investor purchases, tear-downs, and “stealth dorms,” displaced working-class residents, and harmed family homeownership. The chair noted SB 1567 had passed the committee 5-1, the House 101-19, and the Senate 30-1. The committee also reviewed Senate Bill 15, which reduced minimum lot sizes in covered jurisdictions. Ed Pinto of AEI said the law had already led to thousands of new small lots and lower-cost starter homes, while recommending expansion to more counties and broader application to attached housing. Other witnesses from builders, Pew, and housing advocates said smaller lots can increase affordability, but some cities, such as College Station and Grand Prairie, were adding local standards that could blunt the bill’s effect. City representatives from El Paso described how they implemented the law by reducing lot sizes and widths, while urging broader applicability to more of the city. The chair said SB 15 had passed the committee 7-0, the House 86-43, and the Senate 24-7. Finally, the committee began hearing testimony on Senate Bill 840, a by-right multifamily redevelopment measure. City officials from Garland and Plano described how they had updated local standards to comply while preserving design and setback rules, and said the bill could help redevelop built-out commercial corridors and add housing without expanding city footprints. The transcript ended as the committee continued taking testimony on SB 840.
CA
Transcript Highlights:
  • And we looked at LIHTC projects, so these projects are funded by low-income housing tax credits, and
  • We looked at LIHTC projects, so these projects are funded by low-income housing tax credits.
  • Taking you through one of our typical projects, City Connect is going to go identify the project.
  • Taking you through one of our typical projects, City Connect is going to go identify the project.
  • So now we need to make sure the for-sale projects are relying on homebuyers who can qualify for mortgages
Summary: The Assembly Select Committee on Housing Finance and Affordability held its first hearing of 2025 to examine California’s housing finance system, with opening remarks emphasizing the state’s severe housing shortage, high costs, and the need for practical recommendations to the Legislature and Governor. Co-chairs described the committee as an educational and problem-solving forum focused on financing housing production, first-time homeownership, mixed-income developments, and affordability across the income spectrum. Witnesses from state agencies and the development sector were invited to explain how housing is financed and where the system is breaking down. Panelists from the California Housing Partnership, the Business, Consumer Services and Housing Agency, the Tax Credit Allocation Committee/State Treasurer’s Office, CalHFA, and Related outlined the “capital stack” used to finance affordable housing, stressing that projects typically rely on multiple public and private sources, including federal and state low-income housing tax credits, tax-exempt bonds, state subsidies, local funds, and rental income. Speakers noted that affordable housing rents generally cannot support full project costs without public subsidy, and that recent federal changes—especially the expansion of the 4% and 9% tax credit programs and the reduction of the bond financing threshold for 4% credits—should allow California to finance substantially more units. CalHFA also described its homeownership programs, including My Home, Dream For All, and disaster-related mortgage assistance, as well as its multifamily lending and bond issuance programs. Several witnesses and committee members emphasized that the system remains too complex, too slow, and underfunded. They pointed to the need for more state funding, a housing bond, a permanent funding source, and better coordination among agencies, while also citing recent streamlining efforts such as AB 434’s SuperNOFA, AB 519’s one-stop-shop working group, and the planned California Housing and Homeless Agency reorganization. Members raised concerns about equity, access, missing-middle housing, gender and racial disparities, and whether current programs adequately serve extremely low-income households and those at risk of homelessness. No formal votes or actions were taken during the hearing; the discussion ended with committee members and witnesses agreeing that both funding and administrative reform are needed to increase production and improve affordability.
CA
Transcript Highlights:
  • projects, in 40 counties.
  • establish a cap on hazardous waste generator fee at $100,000 per project per year for infill projects
  • and $250,000 per project per year for master developed projects.
  • However, However, projects such as Wellhead's projects, energy storage projects, our members are trained
  • to build those projects as well.
Summary: The Assembly Committee on Revenue and Taxation heard several bills focused on transit funding, veterans’ tax relief, clean energy incentives, housing development costs, and tax conformity. SB 63 would authorize a Bay Area regional sales tax measure for transit agencies facing fiscal shortfalls; supporters said it was needed to avoid major service cuts, while the California Taxpayers Association opposed it on Proposition 13/218 concerns. SB 56 would exclude veterans’ disability compensation from income calculations for the disabled veterans’ property tax exemption, and SB 296 would expand property tax relief for 100% disabled veterans and certain surviving spouses; both drew broad veterans’ support. SB 86 would extend and expand the California Alternative Energy and Advanced Transportation Financing Authority sales and use tax exemption program, including fusion energy, and SB 302 would conform state tax law to federal clean energy credit monetization provisions; both were backed by industry, labor, and clean energy advocates. SB 328 would cap Department of Toxic Substances Control fees on contaminated-soil remediation for infill and master-planned housing projects, with housing groups arguing the current fee structure can make projects infeasible. SB 711 would update California’s tax conformity date to January 1, 2025 to reduce complexity and inconsistencies with federal law, and was supported by tax professionals and business groups. Several bills were held or sent to suspense, while others advanced with amendments. After quorum was established, SB 63 passed the committee 4-2 and SB 86, SB 302, SB 328, and SB 711 were referred to suspense, with SB 86 and SB 302 later approved out of suspense with amendments. SB 56 was held in committee, SB 296 was made a two-year bill, and SB 284 and SB 723 were held. The committee also approved a number of additional suspense-file bills, including SB 293, SB 359, SB 419, SB 587, SB 603, SB 663, SB 710, and SB 785, while SB 591 was approved with amendments and SB 353 was made a two-year bill. The hearing concluded with the committee adjournment after final roll calls and bill actions.
HI

Hawaii 2025 Regular Session

ECD Public Hearing - Wed Feb 12, 2025 @ 10:00 AM HST

Economic Development & Technology

Transcript Highlights:
  • now can qualify.
  • the counties would be able to qualify for this tax credit.
  • Currently, the threshold is too high for them to be able to qualify.
  • uh developing projects now can qualify uh developing projects now can qualify uh so<00:20:22.200>
  • <00:20:30.159> for counties would be able to qualify for counties would be able to qualify
Keywords: 910, house, all
Summary: The Committee on Economic Development and Technology heard testimony on HB 976, a measure related to incentives for renewable fuels, including renewable diesel and sustainable aviation fuel. Supporters said the bill would help close the cost gap between renewable and conventional fuels, strengthen Hawaii’s energy security, support climate goals, and encourage local economic development. Testifiers from Pono Pacific, PAR Hawaii, Hawaiian Electric, Hawaiian Airlines/Alaska Airlines, the Hawaii Department of Transportation, Pacific Biodiesel, Aloha Carbon, and others described ongoing or planned projects, local feedstock development, and potential benefits for agriculture, waste diversion, and emissions reductions. Several testifiers also discussed proposed amendments. The Hawaii Renewable Fuels Coalition said it wanted to remove the import tax credit, eliminate the aggregate cap increase to avoid additional state funding, and revise local-production language to rely on a carbon-intensity threshold rather than location-based preferences. The Tax Foundation of Hawaii raised technical concerns about the bill’s administration, including prorating credits if the cap is exceeded and the feasibility of a 30-day filing window. Some supporters urged keeping solid waste, including construction and demolition debris, as eligible feedstock, while Energy Justice Network opposed that approach and also urged removing GMO-related language and waste-based feedstocks because of environmental and toxic emissions concerns. Opposition testimony focused on the bill’s cost and feasibility. Energy Justice Network and Ted Metros argued the measure could become a large subsidy for a refinery and questioned whether Hawaii has enough land and water to produce meaningful quantities of biofuel locally. Metros also criticized the refundable credit structure and said the state should not bear the cost for what he described as a benefit largely tied to tourism and imported fuel. No vote was taken during the portion of the hearing provided; the chair later noted the committee had received 13 testimonies in support, 18 in opposition, and seven comments, and then invited further discussion on cost allocation and lowering caps to broaden participation.
AZ

Arizona 2026 Regular Session

02/11/2026 - House Appropriations

Appropriations

Transcript Highlights:
  • project that requires the department to issue an eligibility statement for each qualified project that
  • identifies the qualified project, the allocation year, and the amount of the credits allocated to the
  • project.
  • And so it actually devalues what the project is.
  • It's a passion project of hers.
FL

Florida 2026 5th Special Session

FL House Floor Session - 2026-05-29 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • I understand it's a member project.
  • , and $25 million in PICO projects.
  • or not qualified.
  • or not qualified.
  • Do you know whether those projects were submitted as member projects?
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.
ND
Transcript Highlights:
  • These were the big two projects.
  • These were the big two projects.
  • One voice and they're not getting mixed signals as to whether a project may or may not qualify or how
  • Before you get started, do you have any ideas about any potential projects that might qualify in that
  • The project team that we built around this project.
Keywords: 908, all
Summary: The committee first approved the December 10 minutes and then received a DEQ base budget summary and agency overview. DEQ staff explained that the agency is largely federally and special funded, with major ongoing costs in salaries, operating expenses, grants, and continuing appropriations. Director Dave Glatt and accounting director Beth Jacobson highlighted core programs, the move to a new chemistry laboratory, the new state fuel inspection program, wastewater-related funding from HB 1577, and implementation of SB 2267 for on-site wastewater rules. They also noted the agency’s spending patterns, possible federal EPA cuts, and the likelihood of some fee adjustments or program changes if federal support declines. Members asked about DEQ’s travel, field offices, future staffing, and how the agency would respond to reduced federal regulation. DEQ said most staff are based in Bismarck, with field offices in Fargo, Sawyer, and Gwinner, and that travel is driven by inspections and spill response. Glatt said the agency would continue to rely on science and law, and that any future federal retrenchment could mean more state responsibility but likely not a wholesale increase in FTEs. The committee also discussed a feedlot enforcement case in the Minot area, with DEQ explaining its role in ensuring compliance, permitting, and animal-waste management standards. The Department of Health and Human Services then presented on FTE block grant reporting, TANF balances, child care transfers, and the Rural Health Transformation Program. Donna Ockland explained that no line-item transfers had occurred yet for the new rural health work, but about 33 positions were planned and some current staff time could be reimbursed through approved cost allocation. HHS also reviewed TANF’s frozen eligibility and block grant structure, the transfer of up to 30% of TANF funds to child care, and recent program changes that increased benefits and raised the income limit. Staff said the department is using TANF more strategically to support child care and other allowable uses, while still carrying over unused funds as many states do. Finally, Pat and HHS staff gave an update on the Rural Health Transformation Program, saying the first funding opportunity was being posted and that the state is on track to obligate the federal funds within the required timeline. They described priorities such as workforce retention, preceptor development, technical assistance for critical access hospitals, community wellness projects, and ambulance upgrades. Members asked about rural versus urban eligibility, immigrant recruitment, evaluation of year-two funding, and how the program would address varied local workforce needs. The meeting then shifted to an Office of Management and Budget update on the new State Hospital project, where Lindsay Ashley reported continued construction progress, updated cost information, and selected alternates, with photos and details showing work underway in multiple building sections.
NM

New Mexico 2025 Regular Session

Other - PSCOC Apr 14th, 2025

Public School Capital Outlay Oversight Task Force

Transcript Highlights:
  • projects.
  • So this project.
  • Project.
  • In prior years, many prior projects, the school district has qualified for a local match waiver because
  • You may not qualify under the parameters we have in place today for the full waiver of the one project
ND

North Dakota 2026 1st Special Session

Human Services Committee May 27th, 2026

Human Services Committee

Transcript Highlights:
  • That means there is a potential to lose projects if our Tier 2 projects are not awarded, and I’ll explain
  • Tier 1 is historically renewals of existing projects and their core infrastructure projects.
  • I work as a technical project... I work as a technical project.
  • Reimbursement Project on Development Act.
  • Reimbursement project on development activities and status information for the project. Welcome.
Summary: The committee first approved the February 11, 2026 minutes and then received an update from the North Dakota Housing Finance Agency on the interagency council on homelessness and continuum of care funding. Testimony described rising homelessness tied to tight housing markets, low incomes, aging homelessness, barriers to rental assistance and public benefits, and limited shelter and case-management capacity. Members discussed the need for more affordable housing, continued one-time funding for the North Dakota Homeless Grant and Housing Incentive Fund, better coordination with Health and Human Services on economic assistance and human service zones, landlord engagement, recovery housing, and reentry housing. The committee also heard that federal continuum of care funding remains uncertain, with possible shifts away from permanent supportive housing and housing-first models; members asked for a future update on the impact if federal rules reduce the share available for permanent housing. The committee then took testimony on accessibility of government services for people who are blind or visually impaired. Paul Olson of North Dakota Vision Services School for the Blind described current screening and service delivery, including infant referrals, regional staff, short-term programs, and collaboration with vocational rehabilitation. He said the targeted screening system is working, recommended maintaining the current model, and noted ongoing challenges with staffing, public awareness, and accessible state websites and documents. Public testimony from a visually impaired resident and a deaf resident emphasized barriers such as CAPTCHAs, inaccessible PDFs, employment forms that screen out applicants based on driver’s license status, shortages of interpreters, and the need for video remote interpreting and video relay services, along with training for users and agencies. Finally, the committee heard a final report on the study of child care provider licensing from HHS Early Childhood Director Kay Larson. The report summarized provider input and committee discussion on simplifying North Dakota’s child care licensing structure, reducing administrative burden, and balancing that with health and safety standards. Key topics included licensing categories, child care assistance eligibility, food program sponsorship, staff qualifications, training requirements, ratios and group size, age bands, and preschool exemptions. The committee’s recommendations included streamlining to three provider types plus a preschool designation, revising ratio and age-band rules, and carrying forward certain preschool outdoor-space exemptions. Larson noted that any changes would require statutory changes, rulemaking, and a transition period before new licensing rules could take effect.
FL

Florida 2026 Regular Session

FL House Floor Session - 2026-05-29 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • I understand it's a member project.
  • million in PICO projects.
  • or not qualified.
  • Qualified or not qualified.
  • Do you know whether those projects were submitted as member projects?
Keywords: 998, house, all
ND
Transcript Highlights:
  • So they just make it in terms of qualifying for the homestead.
  • Those types of housing don't qualify.
  • So that was projected out at $416 million.
  • And then projecting, as a result, projecting potential revenue collections becomes...
  • Projecting that out shows the overall revenue potential.
Summary: The Tax Reform and Relief Advisory Committee met with a quorum, approved the March 17, 2026 minutes, and heard a lengthy update from Tax Commissioner Brian Croshys on property tax relief programs. He reviewed the Homestead Property Tax Credit, Disabled Veteran Credit, and Primary Residence Credit, noting increased relief after House Bill 1158 and House Bill 1176, but also discussing how some households “income adjust out” of eligibility over time. Members asked about indexing income thresholds, expanding eligibility by age alone, simplifying administration, county-level notices, and whether the county and state systems could be streamlined. Croshys said the programs are heavily used, largely administered at the county level, and that the department is still refining compliance and reporting; he also said there were no material findings or overarching concerns in the latest review. The committee agreed more detailed PRC information would likely come back in a September meeting, and the chair announced an afternoon recess for lunch before later reconvening. Shelly Myers then presented the statewide property tax increase report, the zero-growth report, and a statistical report on property values and tax levies by class. She explained how county auditors report levy and valuation data, how increases and decreases are counted, and identified counties and cities with the largest percentage changes in growth or decline. She also summarized recent trends: agricultural values remain relatively flat, while residential, commercial, and centrally assessed values have risen over the last five years; in 2025, residential property accounted for the largest share of statewide property tax levies, followed by commercial, agriculture, and centrally assessed property. Committee members asked about unusual zero-growth figures, the effect of annexation and land-use changes, and whether the 3% levy cap was forcing political subdivisions to use reserves or defer spending. Myers said many counties complied by using reserves, delaying capital projects, or limiting increases, and that some counties had not used their full cap. The committee then moved to the stripper oil extraction tax exemption. Commissioner Croshys reviewed the state’s oil tax structure and estimated the revenue impact of keeping stripper wells exempt from extraction tax while still paying production tax. He said the exemption saves operators hundreds of millions of dollars over a biennium, while the state still collects production tax on those wells. He also discussed projected impacts if the exemption were changed for future wells and noted that future outcomes depend on oil prices, production declines, and technology such as CO2 enhanced oil recovery. Nathan Anderson of the Department of Mineral Resources briefly explained the historical difference between the 35-barrel and 30-barrel thresholds for certain wells, citing differences in completion costs and lateral lengths. The committee then heard from EERC CEO Charles Gorecki, who presented an analysis of oil well life cycles and said most oil is produced before wells reach stripper status, but that refracturing or other reinvestment can significantly extend production and keep wells above the threshold for years.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 13th, 2026 at 09:37 am

Senate Finance

Transcript Highlights:
  • and, you know, assuming a typical cost of that project and the GRT on the cost of those projects.
  • projects like the UNM Medical School, as well as providing funding for students' life and housing projects
  • , and $100 million allocated for student life projects, capital outlay projects throughout the state.
  • They’re to finish a capital project at UNM, and they’re to finish a capital project at another higher-ed
  • And it's a very large project.
Bills: SB151, HB8, SB177
ND

North Dakota 2026 1st Special Session

Budget Section Jun 24th, 2026 at 10:00 am

Budget Section

Transcript Highlights:
  • We don't, you know, project that, but we rely on the projections that Moody's Analytics has for that.
  • One of the projects is a two-year project, and the other one we anticipate to take three years to build
  • The second project is North Dakota 31.
  • I do project that many of these districts that did qualify will continue to qualify into I do project
  • that many of these districts that did qualify will continue to qualify into the future.
Keywords: 908, all
TX
Transcript Highlights:
  • First of all, to qualify for the property tax exemption, the charitable organization must have been in
  • limits with the agreement of the governing body of each political subdivision for which a housing project
  • on upon what hurdles or nuances there are to a particular project.
  • and these needed projects financially viable.
  • to help move these desperately needed projects forward.
VT

Vermont 2025-2026 Regular Session

Senate Session - 2026-05-28 - 10:00AM

Vermont Senate Floor Meeting

Transcript Highlights:
  • The bill will now allow reference-based pricing in the qualified health plans.
  • In section two of the bill, as the bill left the Senate, we had qualified health plans for reference
  • qualified health plans for reference-based pricing.
  • Yet we are unable to... ...different projects.
  • You should vote yes for this bill because it funds every road project in our community.
Keywords: 927, senate, all