Video & Transcript Research : 'Internal Revenue Code'

Page 3 of 500
TX

Texas 89th Regular

Ways & Means Aug 22nd, 2025

Ways & Means

Transcript Highlights:
  • I wouldn't know what the revenue increase is, but the revenue increase is exactly.
  • The revenue is going to increase.
  • The only revenue source we can really control is the property tax, and you can only control your revenue
  • Our revenues will increase, but — okay, so for all sources of revenue, you don't know that answer.
  • raising tax revenues.
Bills: HB17, HB23, SB 10
AL

Alabama 2025 Regular Session

Alabama House Judiciary Committee Mar 5th, 2025

Judiciary

Transcript Highlights:
  • Conditions to the impersonating a police officer code is located in 138-10-11.
  • We're just putting it in code. But what we will allow... ...putting in code.
TX
Transcript Highlights:
  • There were some municipal court judges who opposed it because they said it would decrease the revenue
  • And of course, we all know that that's not the purpose of fines, to provide revenue for the courts.
  • But they were worried about the decreased revenue.
  • The revenue actually increased because the fines were more affordable, and especially the payment plans
  • We also have attorneys appointed under Chapter 264 of the Family Code. ...which are in court-ordered
TX

Texas 89th Regular

Land & Resource Management Mar 13th, 2025

Land & Resource Management

Transcript Highlights:
  • Under current statute, based on agreement... under the Texas local government code, between a city and
  • Under Texas local government code chapter 242-001-D to a county may regulate planning and permitting
  • in the ETJ of a municipality. and under Texas local local government code chapter 232008 A county may
  • The TCEQ and the there's very specific code right now.
  • As you know, law enforcement and fire protection, Chapter 26 of the Texas Water Code, requires.
Bills: HB23, HB363, HB447, HB954, HB23
NM

New Mexico 2026 Regular Session

Senate Chamber Feb 19th, 2026 at 08:53 am

New Mexico Senate Floor Meeting

Transcript Highlights:
  • This is not loss of revenue. This is loss of jobs.
  • So that's a very large foregone revenue commitment for 200 starter homes. Mr.
  • President, the revenue impact will be nothing because of yield control. Mr.
  • President, so when we say revenue, do we mean revenue to counties or loss of revenue? Yes, Mr.
  • So I'm just trying to understand the tax code.
Bills: SB273, SB37, SB100
TX

Texas 89th Regular

Ways & Means Apr 28th, 2025

Ways & Means

Transcript Highlights:
  • Today, public sales tax revenues are used to subsidize racetracks.
  • in their town; however, their sales tax revenues went to a neighboring city.
  • So you're saying your bill prohibits the other city from getting the revenue?
  • We'll get the sales tax revenues, not San Antonio. And then we'll rebate you 75 percent.
  • To date, our town has lost over $7 million in local sales tax revenue.
TX
Transcript Highlights:
  • I think, but they've been really good at working around the no new revenue rate recently.
  • Probably yes, for a certain amount of revenue, it would. But all taxpayers?
  • The substitute adds language to Chapters 11 and 41 of the tax code, specifically for...
  • And finally, it's a targeted exemption approach when it comes to revenue reduction.
  • It eases the concern that the revenue will reduce significantly within a short amount of time.
TX
Transcript Highlights:
  • Currently, the Texas State Property Code considers manufactured homes as personal property rather than
  • The committee substitute simply moves the language for this from Occupations Code Section 1201.164 to
  • The kind of things that are slipping around the code are not telling the truth.
  • With Senate Bill 2 in 2019, that allows for a three and a half percent revenue increase without voter
  • Yeah, well, it's color-coded the wrong way.
OK
Transcript Highlights:
  • And then it basically addresses the CRB internal formula for most at-risk bridges.
  • The gold standard is that Put forth by the International Association of Assessing Officers.
  • And so we're not talking about International law or something like that.
  • It doesn't have anything to do with international law.
  • So, what you have is it's kind of like a code enforcement officer for a city.
TX

Texas 89th Regular

89th Legislative Session Apr 2nd, 2025

Texas House Floor Meeting

Transcript Highlights:
  • reduction in one or more items if appropriation in the bill from General Revenue or from a General Revenue
  • revenue dedicated account.
  • OK, and which is currently now in the tax code.
  • It is in the tax code. But your bill would simply. take it out of the tax code.
  • International Produce Association is here today.
TX
Bills: HB17, HB16, SB10, HB27, HB23, SB15, SB18
Summary: The House convened, received a message from the Senate, and the chair announced the signing of HB 4 in the presence of the House. The clerk then read a large number of first-reading measures and referred them to committees. Among the notable bills, SB 1 by Senator Perry on campground and youth camp safety was referred to the Committee on Disaster Preparedness and Flooding. Several House resolutions dealing with House rules, quorum, attendance, and penalties for members who missed sessions or broke quorum were referred to the Committee on House Administration, including HR 5, HR 17, HR 18, HR 34, HR 41, and HR 58. The House also referred a broad slate of resolutions to the Committee on Local and Consent Calendars, including measures by Riddell, Craddick, Toth, Leo Wilson, Schofield, Gehan, Bella Montgomery, Hinojosa, Schoolcraft, Little, Meyer, Luhan, Orr, Johnson, Harris Davila, Lopez, Cameron, Gonzalez of El Paso, Wharton, Flores, Dyson, and Harless. These referrals covered many individual House resolutions and concurrent resolutions, but no debate or votes were recorded in the transcript. At the end of the proceedings, the House recessed until noon pursuant to a previously adopted motion.
TX

Texas 89th Regular

Economic Development Apr 7th, 2025

Economic Development

Transcript Highlights:
  • Revenue may not be used for general revenue purposes.
  • Revenue may not be used for general revenue purposes.
  • That revenue is dedicated by statute.
  • and Chapters 383 and one of the Local Government Code.
  • The increased spending generates more sales tax revenue for the state and local governments.
Summary: The committee heard a series of bills, mostly related to economic development, tax incentives, and workforce programs. Senate Bill 1534 would direct a study by the Texas Higher Education Coordinating Board and the Texas Workforce Commission on health physics education and workforce needs; resource witnesses from the Workforce Commission and Coordinating Board testified, and the bill was left pending. Senate Bill 1553 would authorize Kerr County to impose a hotel occupancy tax for tourism-related uses, and Senate Bills 1086 and 1087 would authorize similar county hotel taxes for Children’s County and Mason County; all three bills received supportive testimony and were left pending. The committee also heard Senate Bill 1754, which would prohibit county and local tax abatements for renewable energy facilities selling power wholesale, with testimony sharply divided between landowners and policy groups opposing renewable subsidies and industry representatives and some senators arguing the bill would harm clean energy investment and local decision-making; the bill was left pending. The committee then heard Senate Bill 2322, which would exempt dispatchable electric generation facilities from the JEDI program’s compelling-factor test so they could qualify for school district tax incentives; testimony was mixed, and the bill was left pending. Later, the committee heard Senate Bill 1718, which would add the NRA annual meeting to the state’s major events reimbursement program. The bill’s sponsor and NRA representatives argued the event brings substantial tourism and economic activity, while opponents said it would use taxpayer funds to subsidize an organization that opposes gun safety measures; the bill was left pending. Senate Bill 2004 would add the Arlington Grand Prix to the major events reimbursement program, with the committee substitute exempting it from the usual competitive site-selection requirement because of timing; testimony from the event organizers and Arlington tourism officials was supportive, and the bill was left pending. Senate Bill 2448 would create a rural workforce development grant program at the Texas Workforce Commission to support college-and-career readiness and technical assistance in rural communities; witnesses from Texas 2036, Collegiate Edgination, and a rural school district supported it, and it was left pending. Finally, Senate Bill 913 would repeal a special requirement that Alpine dedicate at least 50% of its hotel occupancy tax to advertising and promotion, and Senate Bill 1143 would require more coordination and reporting for youth workforce programs serving disconnected young Texans; both bills received supportive testimony and were left pending. At the end of the hearing, Senator Johnson moved that the committee stand in recess, subject to the call of the chair.
TX
Transcript Highlights:
  • The revenue generated by a hotel occupancy tax may only be used for directly enhancing and promoting.
  • Revenue may not be used for general revenue purposes.
  • of the Local Government Code.
  • The increased spending generates more sales tax revenue for the state and local governments.
  • The tax code allows Alpine to spend less on advertising and more on other allowable uses.
TX
Transcript Highlights:
  • The revenue generated by a hot tax may only be used for directly enhancing and promoting tourism.
  • Revenue may not be used for general revenue purposes.
  • That revenue is dedicated by statute.
  • and Chapters 383 and one of the Local Government Code.
  • Under Chapter 312 of the Tax Code, and Chapters 383 of one of the Local Government Code.
Summary: The Senate Economic Development Committee met to hear a series of bills and informational primers, with several resource witnesses from the Governor’s Office, the Texas Workforce Commission, and the Texas Higher Education Coordinating Board. The chair opened by noting the death of Senator King’s son and asking members to keep the family in their prayers. Most bills were laid out and left pending subject to the call of the chair after brief author presentations and public testimony. The committee heard several local hotel occupancy tax bills: SB 1553 for Kerr County, SB 1086 for Childress County, SB 1087 for Mason County, and SB 913 for Alpine. Supporters, including the Texas Hotel and Lodging Association and local officials, said the measures would allow counties or the city to use hotel tax revenue for tourism-related projects and local development. The committee also heard SB 1534, which would direct a study on health physics education and workforce needs in Texas; resource witnesses from TWC and THECB testified on the bill. All of these measures were left pending. A major portion of the hearing focused on SB 1754, which would prohibit local tax abatements for renewable energy facilities selling power at wholesale, with an exception for certain battery storage tied to dispatchable generation. The bill drew strong support from witnesses who argued counties should not subsidize wind and solar projects that can harm neighboring landowners and that renewables already receive substantial federal support. Opponents from the solar and storage industry argued the bill would remove a voluntary local economic development tool, raise power prices, and discourage investment. Senators also debated landowner impacts, grid reliability, and whether the bill was the right policy tool; the bill was left pending. The committee also heard SB 2322, a committee substitute related to the Jobs, Energy, Technology, and Innovation Act, which would exempt electric generation facilities from the program’s compelling-factor test so they can qualify for school tax limitation agreements. Supporters said the change would correct an unintended barrier for dispatchable generation, while Senator Johnson argued it would weaken the program’s purpose by subsidizing projects that would locate in Texas anyway. SB 1718 would add the NRA annual meeting to the major events reimbursement program; the NRA supported it, while gun violence prevention advocates opposed using state incentives for the organization. SB 2004 would add the Arlington Grand Prix to the major events program, and SB 2448 would create a rural workforce development grant program; both drew supportive testimony and were left pending. The committee also heard SB 1143, a substitute bill aimed at improving transparency and coordination in programs serving opportunity youth ages 14 to 24, with witnesses supporting better reporting and workforce alignment. At the end of the meeting, Senator Johnson moved that the committee stand in recess subject to the call of the chair.
TX

Texas 89th Regular

Appropriations Apr 29th, 2025

Appropriations

Transcript Highlights:
  • After the 25 cents, 25% is taken out of general revenue deposited in the Foundation School Program.
  • Half of the Permanent School Fund revenue comes from energy production.
  • for that rainy day. fund and so many other revenue sources for the state of Texas.
  • If oil revenue declined, would it have fewer dollars there? Not compared to what.
  • General Revenue, taxpayers.
TX

Texas 89th Regular

Business and Commerce (Part II) May 1st, 2025

Business & Commerce

Transcript Highlights:
  • It would amend the Texas Finance Code by adding a section to prohibit motor vehicle sellers from conditioning
Summary: The Senate Committee on Business and Commerce heard testimony on HB 149, the Artificial Intelligence Governance Act. Senator Schwertner described the bill as an outcomes-based AI framework that would require disclosure when people interact with AI, prohibit manipulative or social-scoring systems, address biometric capture, discrimination, and deepfake child exploitation, and give the Attorney General enforcement authority. It would also create an AI Sandbox and AI Council. Witnesses from the Texas Public Policy Foundation, a Houston attorney, TechNet, and the Texas Association of Business strongly supported the bill, praising its stakeholder process and pro-innovation approach, while Texas Appleseed suggested regulators should have more examination authority over sandbox participants. The bill was left pending. The committee then heard SB 229, which would prohibit motor vehicle dealers from conditioning a sale on dealer-offered financing or charging more because a buyer uses outside financing or cash. Senator West said the bill is meant to stop forced financing and bait-and-switch pricing, and he noted the bill passed the committee and Senate in the prior session. The Texas Automobile Dealers Association opposed the bill, arguing it would force dealers to accept any third-party lender or cash transaction on terms they cannot control. The Texas Credit Union Association supported the bill, saying consumers should be able to choose outside financing without hidden fees or pressure. After questions about cash purchases and dealer practices, the bill was left pending. The committee also took up SB 2566, which would clarify legislators’ access to information from executive agencies, including confidential information, by setting response deadlines, limiting confidentiality agreements to statutory terms, requiring a standard AG form, and creating a complaint and penalty process for noncompliance. No witnesses testified, and the bill was left pending. Finally, SB 1749, as substituted, would let certain court-related employees and judicial conduct commission personnel keep personal information such as home addresses and phone numbers confidential, with work addresses used in place of home addresses for certain purposes. District clerk and judicial conduct commission witnesses described threats and harassment as the reason for the bill, and a court administration witness answered questions about how the address protections would work with voter registration and precinct records. That bill was also left pending, and the committee recessed without further business.
NM

New Mexico 2026 Regular Session

Senate - Tax, Business and Transportation Jan 27th, 2026 at 01:42 pm

Senate Tax, Business & Transportation

Transcript Highlights:
  • They have multiple meetings with our International District community.
  • So what's revenue to pay the bonds back? Isn't it a diversion of gaming revenue?
  • Is there the gaming revenue, is it low, is it that gaming I think.
  • Is there—the gaming revenue, is it low? Is it that gaming revenue from that site?
  • Any other Is there, the gaming revenue is it low, is it that gaming revenue from that site?