Video & Transcript Research : 'tax code'

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AZ

Arizona 2026 Regular Session

02/11/2026 - Senate Government

Government

Transcript Highlights:
  • existing tax rate, expanding a tax base, or imposing a surcharge if doing so would cause the imposed
  • tax rate to exceed the cap unless the new tax is approved by voters.
  • existing tax rate, expanding a tax base, or imposing a surcharge if doing so would cause the imposed
  • tax rate to exceed the cap unless the new tax is approved by voters.
  • Phoenix and Tucson have justified recent local tax increases by blaming state income tax policy, particularly
Summary: The committee approved the February 4, 2026 minutes and held SB 1571 until the following week. It then heard and advanced several measures, beginning with SB 1745, which would cap transaction privilege/excise tax rates in the state’s largest cities at 2.5% per classification unless approved by voters, and would allow enforcement through the attorney general and state-shared revenue withholding. Supporters argued it would protect taxpayers and restrain municipal tax increases; the bill received a technical amendment and a due pass recommendation. The committee also advanced SB 1686, renaming Wesley Bolin Memorial Plaza as the Wesley Bolin and Charlie Kirk Freedom Plaza and authorizing memorial placements for Don Bowles and Charlie Kirk, after brief supportive discussion and no substantive opposition testimony. The committee spent substantial time on SB 1567 and SB 1435, both aimed at restricting public entities, schools, and libraries from exposing minors to sexually explicit materials and from using public facilities for sexually explicit filming or access. Supporters framed the bills as child-protection measures and cited examples of explicit books and materials in libraries and schools; opponents, including the ACLU, warned the definitions were broad, could chill speech, and could criminalize librarians and educators for handling constitutionally protected literature or sex-education materials. Both bills were amended and passed on 4-3 votes, with supporters emphasizing existing obscenity standards and opponents stressing First Amendment concerns and implementation problems. The committee also advanced SB 1433 and SB 1434, which would redraw Maricopa County boundaries and, in the latter bill, create three new counties with a transition board and staggered elections. The sponsor argued Maricopa County had become too large and politically dominant, making government less representative and less responsive; opponents called the proposals expensive, disruptive, and politically motivated, citing concerns about debt division, duplicated county systems, and fiscal impacts. Both bills received due pass recommendations on 4-3 votes. Finally, the committee approved SCR 1024, requiring legislators to live in their district for one year before election, and SCR 1025, moving the legislative session start date from the second Monday to the fourth Monday in January; both resolutions passed unanimously or near-unanimously after sponsor testimony that they would modernize outdated rules and improve use of time.
AZ

Arizona 2026 Regular Session

02/09/2026 - Senate Finance

Finance

Transcript Highlights:
  • You can abate all the other taxes, but not school property taxes.
  • property will pay the taxes—the GPLET taxes—to the school district.
  • the taxes of multiple other taxing jurisdictions—counties, community colleges, special taxing districts
  • You're taking their taxes. You're taking my taxes. I don't live in this.
  • on secondary tax.
Summary: The committee first approved the February 2, 2026 minutes and held Senate Bill 1090. It then heard Senate Bill 1503, which would require pension fiduciaries and proxy advisory firms to act solely in the economic interest of plan participants and beneficiaries, prohibit ESG- or ideology-based voting, require disclosures and economic analyses in certain cases, and authorize attorney general enforcement. The sponsor said the bill was meant to protect investors and align with federal action. Testimony was mixed: a policy witness supported the bill, while representatives of ASRS and PSPRS said they were neutral but raised concerns about added costs, operational burdens, reporting requirements, possible conflicts with existing fiduciary duties, and increased litigation risk. After debate, the committee voted 4-3 to give SB 1503 a do-pass recommendation. The committee then considered Senate Bill 1293, which would prohibit GPLET school-district revenues from being abated during the eight-year abatement period. Supporters argued the bill would protect school funding and reduce state aid backfill costs, and a Goldwater Institute witness said it would also reduce gift-clause concerns by limiting subsidies that shift costs to other taxpayers. City and economic development representatives from Phoenix, Mesa, and the Greater Phoenix Economic Council opposed the bill, saying GPLET is an important redevelopment tool that helps finance projects in urban cores and that the change would reduce its effectiveness and slow revitalization. The committee adopted an amendment and then passed SB 1293 on a 4-3 vote. Next, the committee heard Senate Bill 1414, which gives insurers 30 days to review and respond to third-party settlement demands in bodily injury claims. Insurance representatives supported the bill as a commercially reasonable timeframe, while the Arizona Trial Lawyers Association opposed it, arguing that 30 days would become a minimum and could delay settlements for injured claimants; members discussed a possible 15-day compromise. The committee passed SB 1414 by a 5-2 vote. It also passed Senate Bill 1633, which creates an income tax subtraction for capital gains from the sale of a primary residence after a five-year residency; opponents warned it would mainly benefit wealthy homeowners and cost the state tens of millions annually, while the sponsor said it could help housing turnover. Finally, the committee passed SB 1429, as amended, allowing Senate and House leaders to designate board members for the Arizona Commerce Authority, SB 1536, which lets municipalities consolidate multiple street-light improvement districts, and heard SB 1724, which clarifies when property splits or consolidations trigger a limited property value recalculation to prevent tax-base manipulation.
AZ

Arizona 2026 Regular Session

02/02/2026 - Senate Finance

Finance

Transcript Highlights:
  • That is to ensure taxpayers are not taxed in property that no longer exists. ...destroyed after the tax
  • can be prorated in the tax year.
  • changes to the tax statutes.
  • onto everybody else, and so this is a tax shift, rather enormous tax shift in my opinion.
  • onto everybody else, and so this is a tax shift, a rather enormous tax shift in my opinion.
Summary: The Senate Finance Committee approved the January 26, 2026 minutes and then heard several bills dealing with tax, retirement, and property assessment issues. SB 1215, as amended, was described as a technical “comma bill” that reorganizes the list of firefighter cancer conditions presumed work-related and removes mistakenly included peace officer language; it passed 6-1. SB 1180 would codify Arizona Department of Revenue’s practice of assuming federal conformity for above-the-line income tax items when preparing forms, with supplemental instructions if the legislature later acts differently; it passed 7-0 after discussion about whether it would affect executive-ordered changes. SCR 1028, a voter-referral measure to narrow the statutory exception allowing agencies to set certain fees and assessments without a two-thirds vote, drew sharp debate over majority rule versus limits on delegated fee authority and passed 4-3. The committee also advanced SB 1292, which clarifies that the Public Safety Personnel Retirement System’s 5% ownership cap applies only to publicly traded corporations; PSPRS said the change would avoid compliance problems and unnecessary costs, and it passed 7-0. SB 1294, restoring county assessors’ authority to prorate property values for property destroyed in any manner while preserving a five-year classification benefit only for property destroyed by verifiable accident, passed 6-1. SB 1430, the annual tax corrections act, passed unanimously after DOR said it mainly removes redundant language, fixes a cross-reference, and codifies current practice. The committee then considered SB 1270, which would let CORP employers make optional supplemental retirement contributions of up to $5,000 to Tier 3 correctional officers and related employees at specified service intervals. Supporters from the FOP said it is a flexible retention tool for hard-to-staff correctional jobs, while some members worried it could add costs for counties and not solve the underlying retention problem; it passed 6-1. Finally, SB 1290, which requires advance notice and inspection reports for certain property inspections and bars repeat agricultural inspections for three years, drew strong support from farm groups and strong opposition from county assessors, who argued it would create costs, limit their ability to verify new construction, and interfere with annual valuation duties. The bill passed 4-2 with one member not voting, and the committee adjourned.
FL

Florida 2025 Regular Session

House in Session Apr 16th, 2025

Florida House Floor Meeting

Transcript Highlights:
  • THE FOLLOWING AMENDMENT WITH TITLE AMENDMENT BAR CODE 659731 REMOVES LINES 63 THROUGH 73 AND INSERTS
  • The voices we are making are one of the largest components of our tax...
  • ENTITLED AN ACT RELATING TO TAX EXEMPTIONS FOR SPOUSES OF QUADRIPLEGICS.
  • HOUSE BILL 515 WOULD CODIFY A NEW SECTION OF FLORIDA'S UNIFORM COMMERCIAL CODE.
  • FLORIDA CURRENTLY HAS NINE ARTICLES OF THE UNIFORM COMMERCIAL CODE ADOPTED, AND THEY EXIST IN.
TX

Texas 89th Regular

89th Legislative Session Apr 16th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • You can find it in tax code section 11.13n and we appreciate the fact that our school districts gave
  • Depends on their zip code. Are you saying there's a zip code that doesn't have public schools?
  • No, but there's a zip code sometimes where you you may live there and pay taxes But you go to another
  • by sales tax and who pays those sales tax people they and go buy goods and services.
  • A tax, publicly funded tax subsidy. to send their kids to private schools that they can already afford
LA

Louisiana 2026 Regular Session

House and Governmental Affairs May 6th, 2026

House and Governmental Affairs

Transcript Highlights:
  • , which is why it got moved out of criminal justice and recommitted here, because we went from the Code
  • So that’s why we moved it from the Code of Criminal Procedure initially, the way the bill was filed,
  • It provides relative to the Uniform Construction Code and Inspector Licensing.
  • HB 1186 brings consistency, accountability, and efficiency to Louisiana's building code system while
  • Please understand that the Uniform Construction Code Council appeared last year as a standalone entity
TX
Transcript Highlights:
  • "Instruments" as defined by section 209.002 of the property code.
  • definition of federal waters with the state definition from Section 11.011 of the Natural Resources Code
  • The only breeders willing to supply to pet stores are those who ignore their own ethical codes.
  • and will encourage unlicensed scams in backyard sales, which means that Texas will lose millions in tax
  • Recall that the opening section of Chapter 552 of the Government Code states in part that the people,
HI

Hawaii 2026 Regular Session

PSM-HWN Informational Briefing 04-13-2026

Hawaii Senate Floor Meeting

Transcript Highlights:
  • <01:04:01.280> down<01:04:01.640> the<01:04:02.040> brass<01:04:02.359> tax
  • 01:04:02.680> of<01:04:02.760> what<01:04:02.880> we really lay down the brass tax
  • of what we really lay down the brass tax of what we essentially<01:04:03.560> need,<01:04:04.280
MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 3/10/26

Education Finance

Transcript Highlights:
  • taxes or increasing appropriations. taxes or increasing appropriations.
  • income tax liability of at least $1,700. income tax liability of at least $1,700.
  • Could you just explain the tax impact on the state of Minnesota for this opt-in tax credit?
  • You can get a tax credit. donate this. You can get a tax credit.
  • at the federal level be for this tax at the federal level be for this tax conformity?
Bills: HF3490, HF4040
MN

Minnesota 2025-2026 Regular Session

House Transportation Finance and Policy Committee 3/25/26

Transportation Finance and Policy

Transcript Highlights:
  • light rail generates 27 times more tax light rail generates 27 times more tax revenue<00:40:52.320
  • Uh that sales tax for metro.
  • That sales tax is transportation.
  • <01:36:26.080> we but but we should be cutting taxes we but but we should be cutting taxes
  • Families are working harder every year to pay the taxes that are due. It's tax season even.
TX

Texas 89th Regular

Senate SessionReading and Referral of Bills Mar 17th, 2025

Texas Senate Floor Meeting

Bills: SJR 4, SCR 36, SCR 37, SCR 38, SCR 39, SCR 40, SCR 41, SCR 42, SB 7, SB 30, SB 31, SB 32, SB 33, SB 34, SB 36, SB 37, SB 38, SB 39, SB 1851, SB 1852, SB 1853, SB 1854, SB 1855, SB 1856, SB 1857, SB 1858, SB 1860, SB 1861, SB 1862, SB 1863, SB 1864, SB 1865, SB 1866, SB 1867, SB 1868, SB 1869, SB 1870, SB 1871, SB 1872, SB 1873, SB 1874, SB 1875, SB 1876, SB 1877, SB 1878, SB 1879, SB 1880, SB 1881, SB 1882, SB 1883, SB 1884, SB 1885, SB 1886, SB 1887, SB 1888, SB 1889, SB 1890, SB 1891, SB 1892, SB 1893, SB 1894, SB 1895, SB 1896, SB 1897, SB 1898, SB 1899, SB 1900, SB 1901, SB 1903, SB 1904, SB 1905, SB 1906, SB 1907, SB 1908, SB 1909, SB 1910, SB 1911, SB 1912, SB 1913, SB 1914, SB 1915, SB 1916, SB 1917, SB 1918, SB 1919, SB 1920, SB 1921, SB 1922, SB 1923, SB 1924, SB 1925, SB 1926, SB 1927, SB 1928, SB 1929, SB 1930, SB 1931, SB 1932, SB 1933, SB 1934, SB 1935, SB 1936, SB 1937, SB 1938, SB 1939, SB 1940, SB 1941, SB 1942, SB 1943, SB 1944, SB 1945, SB 1946, SB 1947, SB 1948, SB 1949, SB 1950, SB 1951, SB 1952, SB 1953, SB 1954, SB 1955, SB 1956, SB 1957, SB 1958, SB 1959, SB 1960, SB 1961, SB 1962, SB 1963, SB 1964, SB 1965, SB 1966, SB 1967, SB 1968, SB 1969, SB 1970, SB 1971, SB 1972, SB 1973, SB 1974, SB 1975, SB 1976, SB 1977, SB 1978, SB 1979, SB 1980, SB 1981, SB 1982, SB 1983, SB 1984, SB 1985, SB 1986, SB 1987, SB 1988, SB 1989, SB 1990, SB 1991, SB 1992, SB 1993, SB 1994, SB 1995, SB 1996, SB 1997, SB 1998, SB 1999, SB 2000, SB 2001, SB 2002, SB 2003, SB 2004, SB 2005, SB 2006, SB 2007, SB 2008, SB 2009, SB 2010, SB 2011, SB 2012, SB 2013, SB 2014, SB 2015, SB 2016, SB 2017, SB 2018, SB 2019, SB 2020, SB 2021, SB 2022, SB 2023, SB 2024, SB 2025, SB 2026, SB 2027, SB 2028, SB 2029, SB 2030, SB 2031, SB 2032, SB 2033, SB 2034, SB 2035, SB 2036, SB 2037, SB 2038, SB 2039, SB 2040, SB 2041, SB 2042, SB 2043, SB 2044, SB 2045, SB 2046, SB 2047, SB 2048, SB 2049, SB 2050, SB 2051, SB 2052, SB 2053, SB 2054, SB 2055, SB 2056, SB 2057, SB 2058, SB 2059, SB 2060
NM

New Mexico 2026 Regular Session

House - Commerce and Economic Development Feb 11th, 2026 at 05:14 pm

House Commerce & Economic Development Committee

Transcript Highlights:
  • That's a tax increment development district.
  • Diligently on last year's 481 to ensure that there were community benefits as part of the tax agreement
  • Is this taking place then to like an R&D tax credit then of some sort or maybe a return of some type
  • We pay over $300,000 a year in gross receipts taxes, $45,000 in property taxes, and lots of ancillary
  • taxes.
Bills: SB48, HB250, SB17