Video & Transcript Research : 'assessed value'

Page 3 of 500
TX

Texas 89th Regular

State Affairs (Part II) Apr 24th, 2025

State Affairs

Summary: The Senate Committee on State Affairs was called to order and a roll call showed most members present, with one absent. The chair explained that the committee had arranged witnesses for a later meeting but had received responses from some parties declining to testify, prompting Senator Bettencourt to offer a written motion for subpoenas. The motion authorized the committee chair, under Senate Rule 11.20, to issue subpoenas to BlackRock, State Street, or other financial services companies affecting Texas public pension investments, along with their subsidiaries, affiliates, officers, employees, agents, or representatives. The subpoenas would require testimony and production of records concerning investment practices, the impact on Texas public pension funds, and any investments intended to further political or social causes. Members discussed the importance of obtaining testimony and the limited but necessary use of subpoena power. The committee then voted, with 10 ayes, no nays, and one absent, to adopt the motion. With no further business, the committee recessed until the call of the chair, planning to return after the local calendar.
TX

Texas 89th Regular

State Affairs (Part III) Apr 24th, 2025

State Affairs

Transcript Highlights:
  • In order to pursue those targets, the bank gives each client a carbon assessment framework.
  • It even assigns each client a climate and environmental risk assessment score based on their climate
  • ethics laws, the response will be measured, timely, and just, and they deserve a government that values
  • But outside of that, there is really no shareholder value justification for telling a company to reduce
  • And again, the proposal wasn't even put in by somebody who even ostensibly cared about shareholder value
Summary: The committee heard Senate Bill 945, 946, 2044, 2819, 2403, 2337, and 312, with all bills left pending after testimony. SB 945 would restrict insurance companies from denying or limiting coverage based on oil and gas activity or ESG-related goals, and supporters argued it would protect Texas energy producers from politically motivated shareholder activism and insurance discrimination. SB 946 would bar creditors from using social credit, ESG, DEI, or religious/political affiliation as a basis for denying or limiting credit; witnesses said it would prevent viewpoint-based financial discrimination and protect access to capital for Texas businesses. SB 2337 would require proxy advisory firms to disclose when recommendations are based on non-financial factors or when they give conflicting advice to different clients; supporters said the measure would increase transparency and curb ESG-driven influence over shareholder voting. SB 312 would direct public retirement systems to focus on financial returns rather than social or political objectives, with the author saying the bill responds to activist pressure on pensions and would reinforce fiduciary duty. The committee also took up election and ethics measures. SB 2044 would strengthen electioneering restrictions for publicly funded education institutions and personnel, prohibiting use of official resources to promote political agendas; testimony focused on alleged school district electioneering in bond and tax elections. SB 2819 would prohibit county elections administrators from holding certain officer positions appointed by elected officials, addressing potential conflicts of interest. SB 2403, the Texas Ethics Commission sunset bill, would restructure complaint handling with a three-tier violation system, risk-based complaint prioritization, longer response times, bipartisan preliminary review panels, and expanded hearing options; members discussed amendments aimed at dismissing minor complaints, clarifying categories, and adjusting lobbying and penalty provisions, but the amendments were withdrawn during committee consideration. Across the ESG and finance bills, invited witnesses from the American Energy Institute, Heartland Impact, Consumers Research, ADF Action, Texas Civil Justice League, and related groups generally supported the measures, arguing that banks, insurers, proxy advisors, and asset managers have used ESG or reputational-risk standards to discriminate against energy, agriculture, firearms, and religious organizations. No opposition testimony was presented in the excerpt, and the committee closed public testimony on each bill and left them pending.
TX
Transcript Highlights:
  • It adds a new requirement to the current year's value exceeding 125% of an owner's uncontested value.
  • Appraised value is not market value.
  • an equal and uniform value, true.
  • The issue is not isolated to Arlington; in fact, across Texas, billions (with a B) in assessed value
  • We disagree with that as a value.
TX
Transcript Highlights:
  • insurance conglomerates, or banks, imposes political orthodoxy at the The expense of sound risk assessment
  • In order to pursue this goal, JPMorgan Chase provides each client a carbon assessment framework.
  • It even assigns each client… ...a climate and environmental risk assessment score based on their climate
  • They deserve a government that values transparency, not just in theory but in practice.
  • And again, the proposal wasn't even put in by somebody who ostensibly cared about shareholder value,
HI
Transcript Highlights:
  • <00:10:10.560> So<00:10:10.720> I weren't assessed the impact fee.
  • So I weren't assessed the impact fee.
  • > of<00:25:15.520> a assessed the feasibility of a assessed the feasibility of a demonstration
  • That value now exceeds a half million.
  • <01:11:14.800> and environmental assessments and environmental assessments and environmental
Summary: The committee heard testimony on HB 1604, which would create an agricultural workforce housing group within the Department of Agriculture and Biosecurity to address shortages of farmworker housing. The department said it supported the bill’s intent but emphasized that the group’s early work should focus on gathering data and surveying farm operators to assess actual demand, to avoid “mission creep.” Testimony from the City and County of Honolulu Office of Economic Revitalization, Hawaii Farmers Union, Hawaii Farm Bureau, Housing Hawaii’s Future, and the Maui Chamber of Commerce was in support, with one witness suggesting a housing advocacy nonprofit be added to the working group for balance. The committee then discussed HB 1713 on school impact fees, which would clarify exemptions for certain affordable housing projects and exempt new residential developments of fewer than 100 units. The Attorney General’s office said the bill should define “low to moderate income households” because that term is not defined in chapter 302A. HHFDC, the School Facilities Authority, Grassroot Institute of Hawaii, and others supported the measure, arguing it would reduce administrative burden and remove barriers to housing. Members questioned whether the bill should instead repeal the school impact fee entirely; supporters said they also favored full repeal but viewed this bill as a more feasible step. The School Facilities Authority also explained that about $28 million in school impact fees had been collected across four districts and none had yet been spent, and discussed how recent nexus requirements limit how the funds can be used. HB 1722, relating to residential condominiums, drew extensive testimony and questioning. HCDA supported the bill and explained that it amends the 99-year leasehold pilot program created by Act 97 of 2023 by reducing owner-occupancy restrictions from 100% of units to 60%, allowing some rental or subleasing flexibility for the owner-occupied units, and permitting up to 40% of units to be sold to qualified residents after being on the market for more than 60 days. HCDA said the original restrictions, combined with rising construction costs, higher interest rates, and competition from nearby projects, made the pilot project difficult to market and finance; it said the changes are needed to make the project feasible and competitive. Supporters including AP Hawaii, Kila LLC, and project representatives said the amendments would help make the demonstration project in Kakaʻako viable. Some members raised concerns that the changes could weaken long-term affordability and questioned why certain ownership language was being deleted if rentals would still be restricted. No votes or final committee actions were taken in the portion of the hearing provided.
TX
Transcript Highlights:
  • by the commercial property, the value of the improvements or the building, or what could be built on
  • The land of historic property should not be valued at the same per square foot value as that of the neighboring
  • You know, so we're not anti-chicken; we're for protecting real estate values.
  • They appraise values of 5 million or less. They may request binding arbitration. Yes, sir.
  • They authorize the PIDs to use assessment financing for geothermal energy. Okay.
TX

Texas 89th Regular

Local Government Apr 14th, 2025

Local Government

Transcript Highlights:
  • Uncontested value.
  • So basically, there was a dramatic overshoot of value. There was a major adjustment in value.
  • Appraised value is not market value.
  • In fact, across Texas, billions, with a B, in assessed value have been...
  • Billions, with a B, in assessed value have been exempt from ad valorem taxes, resulting in millions of
Summary: The committee heard several local government and property tax bills, with most testimony focused on appraisal disputes, tax administration, and development rules. Senate Bill 1052 by Senator Hinojosa would address coastal county appraisal litigation by requiring property owners in certain large-value disputes to report an uncontested taxable value while appeals are pending, so taxing units can base truth-in-taxation calculations on more realistic revenue. Nueces County, Del Mar College, and Corpus Christi ISD testified in support, describing major budget shortfalls caused by refinery valuation disputes; the committee substitute narrowed and clarified the bill’s scope. No opposition was heard, public testimony closed, and SB 1052 was left pending. The committee also heard Senate Bill 1531, which would require local tax collectors to accept common electronic property tax payments such as credit cards, debit cards, and e-checks. Witnesses supported modernizing payment options and the committee substitute removed ACH/electronic funds transfer language to avoid bank-account disclosure concerns. Public testimony closed and the bill was left pending. Senate Bill 325, by Senator Perry, would restore platting and groundwater-certification requirements that were unintentionally weakened by prior legislation; supporters from county government, water groups, and builders’ representatives debated whether the real issue was groundwater protection or road standards for private roads. The bill was left pending after extensive testimony and no vote. The committee then took up Senate Bill 994 and SJR 46, which would exempt certain livestock feed inventory from property tax and provide the constitutional amendment needed for that change. Feed store and Farm Bureau witnesses supported the measure as relief for seasonal inventory taxes, and the bills were left pending. Senator Paxton presented SB 467 and SJR 84 to create a temporary property tax exemption for homes completely destroyed by fire, with refunds or corrected bills based on the date of loss; both were left pending. SB 1237 would clarify charitable property tax exemptions for senior housing and retirement communities, with testimony from Catholic and Baptist retirement organizations and a resident describing rising costs and exemption revocations; it was also left pending. The committee later voted 6-0 to report SB 2073, a pending bill on appraisal district authority to purchase or finance real property, and recommended it for the local and uncontested calendar. Finally, the committee heard SB 2172, SB 2173, and SB 2063, all related to property tax administration. SB 2172 would limit when appraisal districts can require homeowners to reapply for homestead exemptions, requiring a specific reason and written notice; SB 2173 would protect new homeowners from surprise tax liabilities caused by prior owners’ erroneous homestead exemptions, with testimony describing large back-assessment bills; both were left pending. SB 2063 would bar appraisal districts from using market-value evidence in unequal appraisal protests, and testimony sharply divided between taxpayer advocates, who said market data improperly overwhelms equity claims, and appraisal district representatives, who argued market value is inherently tied to equal-and-uniform taxation and cited a recent Texas Supreme Court decision; the bill was left pending after testimony.
TX
Transcript Highlights:
  • commissioners to adopt an exemption from the ad valorem tax for the portion of a property's appraised value
  • It comes from both the PID and the city or the county matching those PID assessments.
  • An assessment is levied through the PID, and that assessment is used to fund Downtown Dallas's operations
  • The assessment of the PID, does anybody know?
  • The taxes of the building were zero dollars, land value is two and a half million.
TX
Transcript Highlights:
  • However, a handful of intangible assets, such as the stock values of insurance companies and savings
  • Well, like we noted, stock values of insurance companies and savings and loan associations.
  • In fiscal year 2023, the comptroller reports that the taxable value of intangible personal property in
  • I have value committee time, and I put this bill up so that we can have a discussion.
  • and taxable value for local property.
HI

Hawaii 2026 Regular Session

EEP Public Hearing - Tue Feb 3, 2026 @ 9:30 AM HST

Energy & Environmental Protection

Transcript Highlights:
  • properties assessment.
  • is required of state projects to assess is required of state projects to assess the<00:37:31.839
  • about having environmental assessments about having environmental assessments show<00:44:28.319>
  • general um activity assessments. general um activity assessments.
  • <00:51:46.079> You assessment versus project level. You assessment versus project level.
Summary: The committee heard testimony on several measures related to waste, recycling, and environmental review. On HB 1924, which would establish a mattress stewardship program, the Department of Health said it stood on written testimony and offered comments, while Hawaii Reef and Ocean Coalition and one individual supported the bill and the International Sleep Products Association opposed it. No questions were raised and the committee moved on. A large portion of the hearing focused on HB 2121, which would prohibit the sale of disposable vapes in Hawaii. The Department of Health supported the measure but suggested the bill may be better placed in a different part of state law because the cited waste-management section regulates products after consumption, while still praising the effort to remove disposable vapes from the market and environment. Testimony in strong support came from the Coalition for Tobacco Free Hawaii Youth Council, Hawaii Public Health Institute, Hawaii COPD Coalition, Hawaii Health and Harm Reduction Center, the City and County of Honolulu, and many individuals; supporters emphasized youth vaping, toxic waste, lithium battery fire risks, and environmental harm. There was at least one opposing individual and the International Sleep Products Association was listed in opposition. The committee noted there were many written testimonies and no immediate vote was taken. The committee also heard HB 1928 on the deposit beverage container recycling program. The Department of Health stood on written testimony. The Solid Waste Task Force of Hawaii Environmental Change Agents and Upstream supported the bill but urged amendments to better integrate reuse and reusables, strengthen enforcement, clarify definitions, and protect existing redemption centers. The Hawaii Food Industry Association supported the concept of a backdrop program but preferred strengthening the existing program and raised concerns about undefined fees, existing infrastructure, and future audit costs. The Chamber of Commerce Hawaii supported the bill, and the chair said the measure needs work and that decision-making would occur in a few days. Finally, the committee took up HB 979 on environmental review and HB 1650 on environmental assessments. For HB 979, OPSD offered amendments, HCDA supported the bill but suggested clarifying the affordable-housing definition, Kauai Island Utility Cooperative supported it, and Earthjustice was asked about the court process for environmental challenges; the chair asked about shortening the challenge period and the relationship between environmental court, the intermediate court of appeals, and the Supreme Court. For HB 1650, OPSD and the State Historic Preservation Division stood on written testimony, OHA asked to retain historic sites, and several groups and individuals testified in support or opposition. Opponents argued that removing Wiki special district and historic sites from Chapter 343 trigger language would weaken environmental review and risk impacts to iwi kūpuna and historic resources.
LA

Louisiana 2026 Regular Session

Natural Resources May 27th, 2026

Natural Resources

Summary: The Senate Natural Resources Committee met on March 27 with a quorum present, approved prior minutes, and then took up several resolutions and one bill related to wildlife, water resources, and conservation. H.C.R. 79, as amended, urged the U.S. Forest Service and the Department of Wildlife and Fisheries to work together to allow the use of dogs for hunting in Kisatchie National Forest; supporters described it as a traditional hunting practice that has been restricted for years and could benefit local hunters and businesses. H.C.R. 104, as amended, asked the Department of Conservation and Energy and the Louisiana Geological Survey to study and modernize the collection, retention, and access to subsurface data, with members emphasizing the need to avoid sharing company-specific information. H.C.R. 87 was reported favorably to support correspondence from U.S. Sen. Kennedy regarding duck flyway management, H.C.R. 54 was reported favorably to study the impact of flooded corn on migratory waterfowl and restore an enforcement mechanism related to hunting over intentionally flooded crops, and H.C.R. 94 was reported favorably to require annual boating safety reports to legislative committees. The committee then heard HB 1209, which would have paused new cooperative endeavor agreements for surface water withdrawals while allowing existing agreements to continue and be renewed through December 31, 2036. The author said the bill was intended to give the state time to develop a more comprehensive, data-driven surface water strategy and to address invasive species such as giant salvinia, which he said has severely affected waterways in his district. Members and witnesses acknowledged the seriousness of the issue, but there was concern that the bill was too complex to move quickly in the session. The committee discussed converting it into a study resolution instead, and the bill was deferred without objection. The meeting then adjourned.
OK
Transcript Highlights:
  • As you know, local municipalities do not have the ability to have ad valorem tax assessments, so it would
  • As you know that local municipalities do not have the ability to have Avalorum tax assessments, so it
AZ

Arizona 2026 Regular Session

03/16/2026 - Senate Finance

Finance

Transcript Highlights:
  • Years, over 25 years, since we've updated these values.
  • years over 25 years since we've updated these values.
  • Vacant land is valued according to what sits around it by comparable properties.
  • Who challenge the assessment, win, then this would apply.
  • And so this actually isn't about the value.
Summary: The committee first approved the March 9, 2026 minutes and held House Bills 29 and 2939 at the sponsor’s request. It then took up House Bill 2016, which would eliminate the late-filing penalty for taxpayers with zero income tax liability; after discussion about whether taxpayers still need to file to establish that they owe nothing, the committee adopted an amendment narrowing the bill to income tax filers and passed the bill 4-3. The Department of Revenue said it was neutral on the bill but supported the amendment. The committee next heard House Bill 2289, which updates the property-value examples used in bond/override election pamphlets and truth-in-taxation notices from older low values to $300,000. Supporters said the figures are outdated and should better reflect current home values; opponents questioned whether $300,000 was the best benchmark and whether adding another example would confuse voters. The bill passed 4-3. The committee also approved House Bill 4103, which bars school districts from calling bond elections if enrollment is below 50% of capacity. Supporters argued districts should use or monetize excess space before asking taxpayers for more debt, while school administrators and others said the measure would block needed maintenance, safety upgrades, and local decision-making. It passed 4-3. Two related agricultural property bills, House Bills 2104 and 2105, were both amended and passed 4-3. HB 2104 creates a four-year period after a successful agricultural property tax appeal during which assessors generally may not reclassify or reinspect the property absent changes in use, ownership, splits, or improvements. HB 2105 requires advance notice of inspections and inspection reports and provides a three-year inspection exemption after the most recent inspection, with similar exceptions. Farm and ranch groups said the bills provide fairness and certainty after successful appeals; county assessors opposed them as limiting oversight and creating unequal treatment. The committee also passed House Bill 2256 unanimously, which sets notice and title procedures for salvage auction dealers when insurance claims are denied or unpaid, and House Bill 2979 unanimously, which updates credit union regulatory timelines and procedures. Later, the committee passed House Bill 2996 unanimously, clarifying that certificates of insurance are informational only and cannot expand coverage or rights, with penalties for misrepresentations. It also heard House Bill 2174, which renames and updates regulation of insurance modeling and data organizations, requires model filings, and revises related reinsurance provisions; the discussion focused on how DIFI would regulate models versus the companies that create them, but no vote was taken in the portion provided. Finally, House Bill 2477 was introduced to conform Arizona’s 529 plan to federal law by increasing the K-12 withdrawal limit to $20,000, adding post-secondary credentialing expenses, and allowing rollovers to ABLE accounts and Roth IRAs if requirements are met; the sponsor and Treasurer’s Office supported it as a cleanup/conformity measure, and discussion began on how the new rollover options would work.
TX

Texas 89th Regular

S/C on Workforce Apr 15th, 2025

S/C on Workforce

Transcript Highlights:
  • which would create basic heat safety standards to protect those of us who build Texas and also have value
  • Workers are valued not only for what they can produce, but for their humanity, and HB446 is that start
TX

Texas 89th Regular

Economic Development Apr 7th, 2025

Economic Development

Transcript Highlights:
  • physics, a field related to protecting persons and the environment from radiation exposure by risk assessments
  • While I don't get a tax break and my land value is now zero, you want to come buy my 20-acre farm?
  • I have to pay and get them to come out and lower my value. My land value is worth zero. Yes, Ms.
  • Last time I left here saying, I want to know where the hell their property values, where their property
  • The total of abatement values for renewable projects is in the $40 to $50 million range a year.
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:
  • A tax break, while I don't get a tax break, and my land value is now zero.
  • I have to pay and get them to come out and lower my value. My land value is worth zero. Yes, Ms.
  • Last time I left here saying, I want to know where the hell their property values were.
  • Values for renewable projects are in the 40 to 50 million dollar range a year.
  • Way too many times, I can attest to the value of the program. Thank you. Questions, members?
TX
Transcript Highlights:
  • While I don't get a tax break and my land value is now zero, you want to come buy my 20-acre farm?
  • And my land value is now zero. You want to come buy my 20-acre farm? Come out and look at it.
  • I have to pay and get them to come out and lower my value. My land value is worth zero. Yes, Ms.
  • Last time I left here saying, I want to know where the hell your property values, where their property
  • The total of abatement values for renewable projects is in the $40 million to $50 million range a year
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.