Video & Transcript Research : 'audit exemption'

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AL

Alabama 2025 Regular Session

Alabama Senate Finance and Taxation General Fund Committee Feb 19th, 2025

Finance and Taxation General Fund

Transcript Highlights:
  • were inadvertently stricken when the bill was drafted, which means they would have to do their own auditing
  • This does not expand any duties to the auditor beyond the realm of property audits.
  • It allows for alternative audit methods.
  • of the problems that we caught as a cleanup in this bill is we don't want anything to have to be audited
  • You're fixing to get audited. We have a motion. We have a... We have a motion. We have a second.
TX
Transcript Highlights:
  • The city was two years behind on their annual audits.
  • And I quote, "there are no penalties for not doing the audit."
  • It's sufficient time to do an audit.
  • They transmit that to the audit company.
  • The audit company then does their testing, tracing, and vouching to verify the audit requirements.
TX
Transcript Highlights:
  • Additionally, the 81st Legislature granted a residence homestead exemption to 100% disabled veterans
  • exemption that as a state we should be proud of and honored to be offering to our veterans.
  • I appreciate the opportunity to speak on a reimbursement to offset the 100% exemption.
  • It allows veterans to be exempt from the franchise tax for five years.
  • They will pay sales tax, and the fee is exempt, which is $300. I do have a substitute.
WY

Wyoming 2026 Regular Session

House Transportation, Highways & Military Affairs Committee, February 12, 2026

Transportation, Highways & Military Affairs

Transcript Highlights:
  • fish vehicles, all of those exempt fish vehicles, all of those exempt plates<00:04:32.720> that
  • It's an exemption for property tax.
  • it's an exemption for property tax. it's an exemption for property tax.
  • <00:47:43.119> to the ability to give that exemption to the ability to give that exemption
  • requirement for the veterans exemption requirement for the veterans exemption on<00:50:50.800>
AL

Alabama 2025 Regular Session

Alabama House Ways and Means Education Committee Apr 30th, 2025

Ways and Means Education

Transcript Highlights:
  • I have one of those requests for tax exemption.
  • What the request is, is of course for sales and use tax exemption.
  • Of course, all these bills are just exempting the state tax.
  • This exempts...
  • They've raised $133,000 and the request is to exempt the sales tax on those... to exempt that sales tax
TX

Texas 89th Regular

Local Government (Part II) Mar 31st, 2025

Local Government

Transcript Highlights:
  • They're under personnel exemptions. Oh, it really drops on taxpayers.
Summary: The meeting of the Senate Committee on Local Government was marked by significant discussions on multiple bills aimed at enhancing governance and protecting taxpayer interests. Among the notable legislations was SB1951, where Senator Paxton emphasized reforms to reduce erroneous penalty notices imposed by appraisal districts, eliminating the financial incentive for such penalties. The session concluded with public testimonies that highlighted the importance of transparency and accountability in taxpayer dealings. Additionally, Senator Middleton presented SB1504 and SB2237, focusing on the operational frameworks of local authorities and executive severance payments, respectively, both of which sparked considerable debate among committee members.
WY

Wyoming 2026 Regular Session

Senate Corporations, Elections & Political Subdivisions Committee, February 16, 2026

Corporations, Elections & Political Subdivisions

Transcript Highlights:
  • shows up on that ballot, we will audit. shows up on that ballot, we will audit.
  • ensuring we get a better quality audit. ensuring we get a better quality audit.
  • That's the purpose of an audit, exists. That's the purpose of an audit, right?
  • What that showed was the audit works. What that showed was the audit works.
  • . audits. audits.
Bills: SF0102, SF0113
LA

Louisiana 2026 Regular Session

Revenue and Fiscal May 19th, 2026

Revenue & Fiscal Affairs

Transcript Highlights:
  • This bill is about fairness, transparency, and common-sense protection in our local sales tax audits.
  • It's about fairness, transparency, and common-sense protection in our local sales tax audits.
  • This bill does not prevent audits; it does not weaken tax enforcement.
  • , and the person they're auditing to be able to sign an agreement to allow them to suspend interest and
  • penalties while the audit is going on.
Bills: HB2, HB3, HB799, HB1039
TX
Transcript Highlights:
  • Two must have a population of more than 300,000, and a county selected in the most recent audit cycle
  • may not be selected in the current audit cycle.
  • by the Secretary of State's office regarding their ability to effectively conduct the randomized audits
  • About following their randomized post-election audits.
  • Higher education entities are currently exempted.
OK

Oklahoma 2026 Regular Session

Revenue and Taxation Apr 13th, 2026 at 02:00 pm

Revenue and Taxation

Transcript Highlights:
  • this exemption.
  • This is giving a reciprocity for the sales tax exemption. Texas does it with us.
  • I can go to Texas and buy agricultural stuff with my Oklahoma exemption card.
  • We would recognize a Texas agricultural exemption card. Senator Kirk, thank you, Mr. Chair.
  • Of feed, if you're not getting sales tax exemption in Texas, why buy it in Oklahoma?