Video & Transcript : 'revenue purpose statement' :
Page 44 of 500
ID
Idaho 2026 Regular Session
Feb 2nd, 2026
Transcript Highlights:
- Division, compliance division, revenue operation, and property tax.
- So we're thinking about revenue sharing to the different municipalities.
- And finally, I want to leave you with the mission statement for the Tax Commission.
- McCray what is the purpose of the multi-state tax compact and what is is Mr.
- And again, as in my opening statement, I want to take the opportunity...
Summary:
The committee first heard a budget presentation for the Office of Information Technology Services (ITS), which is in the middle of a multi-year consolidation of IT staff and functions from other agencies. The analyst and administrator explained that ITS now has 243 authorized FTP, with more growth expected as Health and Welfare IT staff move over, and that much of ITS’s budget is driven by personnel, security, and pass-through technology purchases funded through dedicated revenues. The agency’s main 2027 requests included a personnel cash transfer to move costs off general fund and onto dedicated funds, $2.7 million for enterprise firewall/security upgrades, continued access to a federal E-CORE grant for an AI/data repository project, and funding for the Health and Welfare modernization/consolidation. Members asked about the grant, the 3% holdback, whether Health and Welfare’s budget would be reduced, the cost of delaying security upgrades, and why the agency’s FTP count has grown while overall IT costs are being centralized.
ITS Administrator Alberto Gonzalez emphasized that the agency is defending against more than 100 million cyberattacks per month, with only a small fraction getting through, and said the firewall request was a critical security need. He said consolidation has produced efficiencies and a net reduction in IT personnel statewide, while also improving security and service delivery. He also explained that the agency is working on a possible policy change to separate continuously appropriated cash into a different fund for cleaner accounting. Questions from members focused on cybersecurity, bandwidth pressures from video/body-cam traffic, procurement speed, AI uses, and the rationale for office furnishings and equipment requests tied to the Health and Welfare move.
The committee then moved to the Idaho State Tax Commission budget, another roughly $55 million portfolio with five programs and 447 authorized FTP. The analyst noted that the commission’s budget is heavily general-fund supported, but it also has several dedicated funds and large continuously appropriated flows tied to tax distributions and rebates. For fiscal year 2027, the commission requested additional dedicated-fund support for property tax outreach, $400,000 for GenTax automation, use of dedicated funds for the chief operating officer, replacement items, and the governor’s rescission. Chairman Jeff McRae said the agency returns more than $7.8 billion in revenue for about $55 million in spending, but warned the commission is at a “tipping point” where further cuts would reduce its ability to process revenue and serve taxpayers.
Members questioned the commission about phone wait times, staffing levels, the multi-state tax compact, conformity work tied to the federal “One Big Beautiful Bill Act,” and the parental choice tax credit program. McRae said the call center would need about 45 staff to meet standard service levels but currently has about seven, and that conformity changes would require significant software, form, and testing work, likely with overtime and possible taxpayer filing delays. He also explained that the tax credit program was designed with electronic-only applications, income prioritization, audits, and criminal penalties to reduce fraud. No votes or final actions were taken in the portion provided; the meeting consisted of budget presentations, member questions, and agency responses.
LA
Louisiana 2026 Regular Session
JLCB Jan 23rd, 2026
Transcript Highlights:
- Seeing no objection, the fiscal status statement is approved. since October.
- Seeing no questions, Speaker to VA makes a motion to approve the fiscal status statement.
- Seeing no objection, fiscal status statement is approved.
- Colleen went through the revenue estimates.
- Chair, it's a simple statement.
Summary:
The committee met to review budget and fiscal items, beginning with a roll call and a reminder about severe weather and the need to keep the meeting brief. Members first received the January fiscal status statement and certified the prior-year surplus at $577,073,871, with no changes from the prior month. The fiscal status statement was approved without objection. Staff then reviewed the five-year baseline budget and continuation/standstill budgets, noting projected imbalances in later years driven by revenue declines, including the redirection of motor vehicle sales tax, and by rising costs such as inflation and Medicaid adjustments. Representative Amadee asked about Medicaid growth and SNAP administrative costs, and staff explained that the SNAP federal match change is separate from Medicaid.
The governor’s executive budget presentation focused on a third year of standstill budgeting, efficiency savings, and the impact of one-time reductions and agency reorganizations. Officials said the budget avoids recurring spending from nonrecurring revenue and incorporates savings from prior efficiency efforts. Major items discussed included funding for LA Gator vouchers, the high-impact jobs program at Louisiana Economic Development, DCFS modernization, corrections overtime and offender costs, Angola population growth, nursing home and MCO adjustments at LDH, and additional support for the MJ Foster Scholarship and Board of Regents systems. Members also discussed the distinction between state general fund and federal funds, the effect of inflation on specific purchases, and the use of surplus dollars, including deposits to the Budget Stabilization Fund and UAL paydown. No formal action was taken on the budget presentation.
Later items included the FY27 expenditure limit calculation of $20.1 billion, up $953 million from FY26, and the annual comprehensive financial report, which received an unmodified audit opinion. The committee approved a BA-7 increasing federal funds for the governor’s office by $2 million for U.S. DOT-related infrastructure and rural transit work. It also approved Facility Planning and Control requests to add five higher education deferred maintenance projects and to combine two Baton Rouge Community College projects. CPRA received approval to extend contracts with Coastal Estuary Services and Access Sciences for monitoring and records-management services. The committee also approved a legislative intent clarification for a $500,000 appropriation to the New Orleans Recreational Development Foundation.
The final major discussion was a presentation on a weighted caseload study for appellate and district courts. Judicial officials explained that the study updates an outdated formula used to assess judgeship needs, incorporates specialty courts and commissioners, and is intended as one tool in a broader collaborative process with the legislature. Members raised concerns about the number of judges, court funding, and how Louisiana compares with other states. No vote was taken on the study, but the discussion emphasized future collaboration on judicial resource allocation and possible structural changes.
US
US Federal 2025-2026 Regular Session
Hearings to examine the nomination of Michael Faulkender, of Maryland, to be Deputy Secretary of the Treasury. Mar 6th, 2025 at 09:00 am
Finance Committee
Transcript Highlights:
- Faulconer, and you can proceed now with your opening statement. Thank you, Mr.
- That it doesn't change the amount of revenue coming into the Treasury.
- And revenues hit an all-time high. Tax revenues.
- Calling them something different. produce any additional revenue?
- Revenues are coming in in line with historical numbers.
Committee:
Senate Finance Committee
Keywords:
nomination, Deputy Secretary of Treasury, economic policy, inflation, tariffs, tribal nations, government relations
Summary:
The meeting convened to consider the nomination of Mike Falkender for the position of Deputy Secretary of the Treasury. During the session, multiple members voiced concerns regarding current economic policies under the Trump administration, particularly around inflation, tariffs, and the impact on small businesses. Discussions frequently centered on the administration's approach to tariffs and taxation, and how these factors contribute to the rising cost of living and potential job losses. Additionally, the importance of bolstering government-to-government relationships with tribal nations was emphasized, highlighting the need for specialized offices focused on tribal affairs within the Treasury Department.
AZ
Transcript Highlights:
- So I think that would just be my statement to respond to both. Okay.
- As it's currently structured, GPLET subsidies undermine both of those purposes.
- I'm going to just take your position for this, against this bill, as a statement to that.
- So this does not mean more revenue for it seems to me, so it does not mean more revenue for the schools
- But it's not going to be more revenue to the schools.
Committee:
Senate Senate Finance Committee of Reference
Summary:
The committee approved the February 2, 2026 minutes and held Senate Bill 1090. It then took up SB 1503, which would require pension fiduciaries and proxy advisory firms to base voting and advice solely on economic interests, prohibit ESG or ideological considerations except in limited circumstances, and authorize attorney general enforcement. The sponsor said the bill was meant to protect investors and align with federal action; supporters argued proxy advisors lack transparency and can influence votes against shareholders’ financial interests. Arizona retirement system representatives said they were neutral but warned the bill would add major operational costs, create reporting burdens, increase litigation risk, and could narrow the market for proxy advisory services. The committee passed SB 1503 on a 4-3 vote.
The committee then considered SB 1293, which would bar GPLET abatements from applying to school-district revenue during the eight-year abatement period. Supporters said the bill would protect school funding and reduce the state aid backfill tied to GPLET projects, while opponents from Phoenix, Mesa, and economic development groups said GPLET is a key redevelopment tool that helps finance downtown and blighted-area projects and that the bill would weaken future investment. The committee adopted the amendment and passed SB 1293 on a 4-3 vote. It also heard and passed SB 1414, which gives insurers 30 days to review and respond to third-party settlement demands; insurers supported the bill as a reasonable commercial timeframe, while trial lawyers opposed it as too slow and urged a 15-day standard, with members indicating they expected a possible friendly amendment.
Next, the committee heard SB 1633, which would create an Arizona income tax subtraction for capital gains from the sale of a primary residence, after five years of occupancy. Opponents argued it would mainly benefit wealthy homeowners and could cost the state tens of millions annually, while the sponsor said it could help homeowners move without facing large tax bills and improve housing turnover. The committee passed the bill 4-2. It also adopted an amendment to SB 1429, which would have expanded Arizona Commerce Authority board ex officio membership, then held the bill for further consideration. Finally, the committee passed SB 1536, allowing temporary consolidation of street light improvement districts, and heard SB 1724, which clarifies when property splits or consolidations trigger limited property value recalculation, with county assessors supporting the measure as an anti-gaming reform.
AZ
Transcript Highlights:
- So I think that would just be my statement to respond to both. Okay.
- Now, as it's currently structured, GPLET subsidies undermine both of those purposes.
- I'm going to just take your position for this, against this bill, as a statement to that.
- so it does not mean more revenue for the schools.
- But it's not going to be more revenue to the schools.
Committees:
Senate Finance , Senate Senate Finance Committee of Reference
Keywords:
savings and loan, technical correction, Arizona Revised Statutes, financial institutions, prohibitions, GPLET, abatement, tax incentives, local government, property improvement, central business district, insurance, settlement demands, time limits, third-party claims, regulatory compliance, initiative, referendum, ballot measures, petition circulators
TX
Transcript Highlights:
- Of $329,344 from the general revenue dedicated lottery account.
- Just wrap up your statement, please. Just wrap it up. Okay.
- Additional general revenue funding to draw down $260.2 million.
- This transfer of general revenue to the VR.
- Those first three programs are funded through general revenue.
Committee:
Senate Finance
WA
Washington 2025-2026 Regular Session
Senate Housing Jan 14th, 2026
Transcript Highlights:
- Religious organization whose purpose includes developing or redeveloping real property for affordable
- A tax preference performance statement does not apply to this new tax exemption.
- In addition to the decreased revenue, the local government fiscal note indicates...
- For the qualifying purpose for 10 years, the deferred sales tax or use tax need not be repaid.
- I support Mayor Bernie's statement, and we would like to see SB 5885...
Summary:
The Senate Housing Committee heard public testimony on several bills. SB 5885 would expand affordable housing on property owned by religious organizations by lowering the density-bonus affordability threshold from 100% to 50% and adding a sales and use tax exemption for qualifying projects. The sponsor and supporters from Redmond, Tacoma, Spokane, faith organizations, and housing nonprofits said the current standard is too restrictive and that churches and other faith groups have underused land that could help meet the state’s housing shortage. A county planning representative raised concern about an unfunded mandate to update local development regulations, and one testifier said the bill should be paired with funding for county planning work.
The committee also heard SB 5884, which would expand a sales and use tax deferral program for redevelopment of underutilized property. The bill would broaden eligible land beyond surface parking lots to include vacant, partially used, or underutilized parcels, and would allow cities to approve projects with at least 50% affordable units, or 20% in designated residential targeted areas. Supporters from Spokane, Vancouver, Kent, Bellingham, and the Washington State Association of Counties said the current program is too narrow and should be available in more places, including counties and more cities. Construction industry groups supported redevelopment but objected to a provision tying eligibility to apprenticeship utilization, saying it could disadvantage nonunion contractors and create compliance burdens.
For SB 5937, the committee heard testimony on smart access systems in rental housing. The bill would require landlords, upon request, to offer a non-biometric, non-app-based alternative key and to provide privacy policies and limits on data collection for smart access systems. Tenant advocates supported the bill as a privacy and access protection, citing concerns about app-based locks, data tracking, lockouts, and retaliation. Landlord and multifamily housing groups said they were open to the concept but argued the bill was too broad and could impose burdens on small housing providers or simple keypad systems, and they asked for narrower definitions and clearer implementation language.
Finally, the committee took testimony on SB 5938, which would make technical changes to the foreclosure prevention fee created last year, including exempting certain reverse mortgages and chattel loans, preventing duplicate charges on some state-backed transactions, and directing Commerce to study a possible state homeowner assistance fund. Homeownership counselors, legal aid, HOA advocates, and equity organizations supported the bill, saying it would clarify fee collection, protect low- and moderate-income buyers from unnecessary costs, and help sustain foreclosure prevention services. No votes or final committee actions were taken in the transcript, and the meeting ended after public testimony.
MO
Transcript Highlights:
- Any questions based on that opening statement?
- Revenue, not to mention additional general revenue for the Focus on Bridges program, and we can't come
- As general revenue. As general revenue. Okay. All right. Well, we've got to stop that.
- “Well, that was a loaded statement.
- transportation fund for this purpose.
Committee:
House Budget
Summary:
The committee heard House Bill 4 testimony on the Missouri Department of Transportation’s FY 2027 budget request. Director Ed Hassinger said MoDOT’s priorities are delivering projects on time and under budget, restoring maintenance capability, improving roadway safety, and being more customer responsive. He highlighted progress on legislatively designated projects, declining fatalities over the last three years, and the need to continue the pay plan and add 100 maintenance employees to address “windshield issues” such as litter, potholes, signs, deer removal, and mowing. He also warned that eliminating general revenue transit funding would severely hurt rural transit agencies that rely on it to match federal dollars.
Members raised concerns about MoDOT’s customer service, staffing, overtime, turnover, and the agency’s relationship with local governments and constituents. Several representatives described frustrating interactions with MoDOT and pressed the director to change the agency’s culture and improve responsiveness. Hassinger said the department is trying to do that, that it has made progress, and that it is hiring more workers; he reported about 15-16% turnover, about 119 maintenance vacancies, and roughly 80 new hires in January. He also said MoDOT inspects county bridges every two years, has increased funding for off-system bridge programs, and reduced the local match requirement for those programs.
The committee then moved through the budget book line by line. MoDOT staff explained that some appropriations were being restored because prior reductions were made in anticipation of a federal road fund proposal that did not pass, and that the supplemental and FY 2027 budget would restore core administration, program delivery, and safety/operations authority. Members questioned large lapses and unspent balances, and staff said those reflected reserves, vacancies, multi-year contractor payments, and local reimbursements that had not yet been submitted. The committee also discussed debt service for the I-70, I-44, and Focus on Bridges programs, the status of I-44 improvements and environmental work, the I-44/I-49 design-build project near Springfield, the remaining balance in cost-share funding, and a Springfield pedestrian bridge project that several members criticized as low priority but said would be completed because it had already been funded. No final vote was taken in the portion provided.
NY
New York 2025-2026 Regular Session
New York State Senate Session - 02/11/2026
New York Senate Floor Meeting
Transcript Highlights:
- >> Through you, Madam President, it is difficult to put a valuation on that statement.
- IT IS DIFFICULT TO PUT A VALUATION ON THAT STATEMENT.
- STATEMENTS LIKE WE SOLVED THE PROBLEM, PLEASE, NO, WE DIDN'T.
- Senate Bill S-6990A is simple, structured, but found in purpose.
- SENATE BILL S-6990A IS SIMPLE, STRUCTURED BUT FOUND IN PURPOSE.
Summary:
The Senate first handled routine business, approving the prior journal and taking up several messages and motions. A Rules Committee report was accepted on Senate Print 915, a Cannabis Law bill, and the chamber then moved to debate that measure on the controversial calendar. The bill was described by supporters as clarifying how distances are measured for adult-use cannabis dispensaries near schools and houses of worship, with the sponsor saying it would create statewide consistency and provide clearer direction to the Office of Cannabis Management. Opponents argued it would weaken protections for children and churches, reward agency mistakes, and allow dispensaries to be sited closer to school property than intended. After extended debate, the Senate passed the bill 36-23.
The cannabis debate centered on whether the bill merely clarifies legislative intent or substantively changes the law. Supporters said the current language left measurement methods undefined and that the bill would help legal dispensaries, reduce confusion, and push back illicit stores. Opponents said the original law already protected school grounds and houses of worship, and that the new language would allow dispensaries to abut school playgrounds, fields, or church-related property in some cases. Several senators also raised concerns about youth exposure, public consumption, local zoning, and the performance of the Office of Cannabis Management. After the vote, the Senate returned to the calendar and passed additional measures, including Calendar 121 (Public Authorities Law), Calendar 170 (Public Health Law), and Calendar 190 (Labor Law), each by comfortable margins.
The chamber also adopted a resolution package honoring Burnt Hills-Ballston Lake High School’s boys cross country team and girls field hockey team for state championships, with Senator Tedisco introducing the guests. Later, the Senate passed Senate Print 6990A, the Civil Voice Law, which requires state agencies to conduct exit interviews for employees who resign or retire. Supporters said the bill would improve accountability, morale, and retention by standardizing a way to hear from departing workers. The bill received affirmative explanations of vote from Senator Jackson and others, and the Senate continued through the calendar after its passage.
NM
Transcript Highlights:
- They have other auxiliary revenues from ticket sales.
- That's where that matching revenue would come from.
- So it should come from the revenue, not from a special cost to the legislature if the purpose is to cover
- revenue sharing.
- The purpose of this memorial, The purpose of this memorial, Mr.
Committee:
Senate House Education
Summary:
The Senate Education Committee began by announcing that SB 210 would be rolled over to Friday and would not be heard. The committee then returned to SB 234, which would provide foster child school transportation funding statewide rather than only for Albuquerque Public Schools. Members adopted an amendment striking the APS-only language and making the bill statewide after testimony from the sponsor, PED, and others that foster youth transportation is a growing issue and should have its own funding stream. The committee discussed how the money might be distributed and whether the $1.2 million appropriation would be sufficient, then voted do pass on SB 234 as amended.
The committee next heard HB 8, which creates a Higher Education Major Projects Fund for large capital projects that are difficult to fund through existing capital outlay processes. Testimony from the sponsor, LFC, HED, and university representatives explained that the bill would support projects such as the UNM School of Medicine, an NMSU multidisciplinary building, student housing, student life projects, and certain Division I athletic facilities, while requiring design readiness, institutional matches, and legislative oversight. Several senators raised concerns about the clarity of the prioritization process, the Division I-only athletics language, the recurring nature of future funding, and the relationship to other capital funding streams, but the committee ultimately voted do pass on HB 8.
The committee then considered SB 243 and SB 244, nearly identical bills for UNM and NMSU that would each appropriate $5 million for student health, student support, nutrition, travel, scholarships, and other athletic department needs. Athletic directors testified that conference realignment, higher travel costs, nutrition demands, and new revenue-sharing/NIL obligations have increased expenses, and sponsors said the bills were intended as one-time appropriations. Some senators questioned whether the requests should be recurring or funded through university revenue rather than the state, but both bills received do pass recommendations. Finally, the committee heard SM 16, as amended, which asks HED to convene a task force to study parenting students in higher education and recommend ways to collect data and improve support. Supporters said better data is needed to understand barriers such as child care and transportation, and the memorial passed with a do pass recommendation. The committee then adjourned until Friday morning.
WA
Washington 2025-2026 Regular Session
Joint Legislative-Executive Committee on Budget Transparency and Fiscal Sustainability Jul 20th, 2026
Joint Legislative-Executive Committee on Budget Transparency and Fiscal Sustainability
Transcript Highlights:
- cases, the outlook assumes the greater of revenue growth of 4.5% or the actual projected ERFC revenue
- There may also be changes to revenues or new revenue sources.
- So this forecasted revenue section, in this case, represents the February revenue forecast as received
- fund revenues.
- That is revenues and resources. Again, what do policymakers have to That is revenues and resources.
Committee:
Joint Joint Legislative-Executive Committee on Budget Transparency and Fiscal Sustainability
Summary:
The committee held its first meeting, with co-chairs and members introducing themselves and staff outlining the committee’s statutory charge under the 2026 supplemental operating budget. Staff explained that the committee is tasked with studying budget transparency and fiscal sustainability in two phases: first, revenue growth, spending assumptions, statutory cost drivers, and carryforward/maintenance levels; and later, staffing, overhead, performance management, and public reporting tools. The committee also discussed its goals, with members emphasizing a shared factual understanding of Washington’s fiscal situation, the causes of projected structural deficits, and possible paths to a more sustainable operating budget.
Staff then gave a detailed operating budget basics presentation. They reviewed the size and composition of the operating budget, explaining that most spending is concentrated in grants and client services, salaries and benefits, and goods and services, with K-12 education, DSHS, the Health Care Authority, DCYF, corrections, and higher education making up most NGFO spending. They also walked through the distinction between constitutional, federal, statutory, and discretionary spending; the role of caseload and per-capita forecasts; how maintenance level and policy level budgets are built; and how the four-year outlook works, including revenue forecasts, reversions, budget stabilization account reserves, and the official outlook adoption process. Members asked several questions about what is or is not included in the outlook, especially future collective bargaining agreements, health care inflation, court-ordered liabilities, and whether the budget could better separate mandatory from discretionary spending over time. Staff said some of those questions would require follow-up and noted the existence of an outlook accuracy report.
The committee then heard from Josh Goodman of the Pew Charitable Trusts, who introduced Pew’s state fiscal work and its role as the nonprofit partner supporting the committee. He said Pew would help analyze long-term fiscal sustainability, reserve policies, recession preparedness, and practices from other states, and would draw on its 50-state data and subject-matter experts. No votes were taken and no formal actions were reported at this meeting.
FL
Florida 2026 5th Special Session
Regulated Industries Jan 27th, 2026
Transcript Highlights:
- Giving us a well-defined purpose of a machine that we can use. Bingo is simple.
- The attempt is to try to require the Commission to respond statutorily to a declaratory statement within
- It sets escalating administrative penalties for violations and directs fine revenue toward enforcement
- It sets escalating administrative penalties for violations and directs fine revenue toward enforcement
- is used for the exempt purpose.
Summary:
The Committee on Regulated Industries met and reported several bills favorably. SB 530 on state lotteries was presented with two technical amendments and passed as amended. The bill revises Department of Lottery powers and duties, updates bid/proposal information requirements, adds definitions related to ball machines, and gives the department more flexibility to purchase rather than lease machines. SB 204 also passed favorably; it increases penalties for illegal slot machine operations to a third-degree felony and creates a process for veteran service organizations to seek binding declaratory statements from the Gaming Commission about whether a machine is lawful. Testimony on SB 204 included support from Florida Gaming and soft opposition from a veteran organization that wanted clearer language and more cooperation on electronic bingo-type games.
The committee then took up a combined proposed committee substitute merging SB 658 and SB 608 on water safety requirements for rental and residential properties. The merged bill requires certain rental properties near water bodies or with swimming pools to have specified safety devices, such as exit alarms, self-closing/self-latching locks, pool fences, pool covers, or pool alarms, and allows DBPR enforcement for vacation rentals. Supporters emphasized the bill’s goal of preventing child drownings, citing Florida’s high number of fatal drownings and the disproportionate impact on young children and children with autism. The combined bill was reported favorably.
SB 980 on nicotine dispensing devices was amended with a delete-all amendment creating the Florida Agegate Act. The substitute bill restricts advertising, promotion, and display of non-FDA-approved nicotine devices in retail settings accessible to those under 21, sets escalating penalties, directs fine revenue to enforcement and youth prevention, and authorizes inspections and warrantless searches tied to retail permits. Members discussed whether the bill would effectively curb illegal and counterfeit products and how enforcement would work; the sponsor said the measure is intended to reduce youth access in light of limited enforcement resources. The bill passed favorably. SB 1708 on veterinary licensure by endorsement also passed, removing a three-year out-of-state practice requirement for licensed veterinarians while keeping other qualifications intact to help address veterinary shortages. Finally, SB 680 on electric vehicle charging taxation passed with a strike-all amendment creating a sales tax exemption for electricity sold to EV charging station operators and transferred to consumers, provided it is separately metered and properly documented. The committee adjourned after noting additional support forms and inviting members to a later K-12 speech and debate bill presentation.
CA
Transcript Highlights:
- Counties net little to no revenue from fines because of the high costs and low returns associated with
- Most of the revenue pays for administrative costs and collection activities.
- Most of the revenue pays for administrative costs and collection activities.
- California has already taken Understand the long-term consequences of their statements.
- There's nothing wrong with sitting them down, Mirandizing them, and getting a statement that way.
Committee:
House Public Safety
WA
Transcript Highlights:
- Religious organization whose purpose includes developing or redeveloping real property for affordable
- A tax preference performance statement does not apply to this new tax exemption.
- The Department of Revenue indicates that they will have a cost of about $57,000 to provide notice and
- In addition to the decreased revenue, the local government fiscal note indicates...
- I support Mayor Bernie's statement, and we would like to see SB 5880.
Committee:
Senate Housing
Keywords:
sales tax, redevelopment, economic incentive, underutilized property, infrastructure, affordable housing, religious organizations, zoning laws, land use, community development, smart access system, smart lock, residential landlord-tenant act, tenant privacy, biometric data, fingerprint, face scan, iris scan, key fob, key card
LA
Transcript Highlights:
- Senator Bass moves for a suspension of the rules for the purpose of taking up the resolution at this
- Report of the Committee on Revenue and Fiscal Affairs: House Bill 214 reported favorably; House Bill
- For the purpose of calling Senate Concurrent Resolution 30 by Senator Connick, which is a concurrent
- The Democratic Party put out a statement that is provably false.
- For the purpose of calling House Bill 977, Senator Olin now moves for suspension of the rules.
Bills:
SCR63 , SCR12 , HB89 , HB451 , HB595 , HB617 , HB621 , HB730 , HB1064 , HB1125 , HB221 , HCR58 , SB106 , SB206 , SB248 , SB441 , SB104 , SB122 , SB180 , SB260 , SB424 , SB476 , SCR9 , SCR30 , SB57 , SB414 , SB525 , SB35 , SB65 , SB135 , SB215 , SB246 , SB249 , SB269 , SB276 , SB282 , SB296 , SB323 , SB363 , SB369 , SB474 , SB484 , SB490 , SB492 , SB500 , SB501 , SB513 , HCR31 , HB462 , HB547 , HB613 , HB691 , HB712 , HB720 , HB723 , HB728 , HB735 , HB747 , HB759 , HB825 , HB845 , HB846 , HB903 , HB904 , HB907 , HB923 , HB929 , HB941 , HB962 , HB965 , HB1036 , HB287 , HB370 , HB515 , HB521 , HB570 , HB1200 , HB29 , HB39 , HB58 , HB67 , HB73 , HB76 , HB77 , HB82 , HB112 , HB121 , HB125 , HB132 , HB134 , HB151 , HB154 , HB155 , HB161 , HB166 , HB187 , HB191 , HB207 , HB211 , HB224 , HB238 , HB241 , HB242 , HB250 , HB260 , HB265 , HB275 , HB300 , HB320 , HB338 , HB339 , HB349 , HB379 , HB399 , HB427 , HB463 , HB464 , HB468 , HB545 , HB550 , HB551 , HB565 , HB588 , HB639 , HB725 , HB782 , HB805 , HB808 , HB834 , HB847 , HB853 , HB858 , HB861 , HB883 , HB916 , HB937 , HB977 , HB1012 , HB1027 , HB1044 , HB1054 , HB1091 , HB1117 , HB90 , HB127 , HB138 , HB150 , HB201 , HB268 , HB273 , HB285 , HB315 , HB354 , HB355 , HB360 , HB376 , HB445 , HB506 , HB606 , HB649 , HB665 , HB681 , HB721 , HB746 , HB757 , HB781 , HB835 , HB844 , HB857 , HB872 , HB886 , HB889 , HB892 , HB982 , HB987 , HB1037 , HB1068 , HB1072 , HB1078 , HB1085 , HB1132 , HB1137 , HB1167 , HB1174 , HB1232 , HB1238 , HB23 , HB136 , HB17 , HB21 , HB51 , HB55 , HB74 , HB106 , HB108 , HB133 , HB140 , HB159 , HB168 , HB215 , HB226 , HB263 , HB296 , HB299 , HB322 , HB364 , HB519 , HB535 , HB538 , HB568 , HB571 , HB622 , HB635 , HB676 , HB772 , HB784 , HB1006 , HB1018 , HB1033 , HB1034 , HB1043 , HB1070 , HB1134 , HB1237 , HB1239 , HB36 , HB119 , HB126 , HB129 , HB245 , HB271 , HB280 , HB337 , HB351 , HB677 , HB726 , HB789 , HB850 , HB956 , HB966 , SB149 , SB382
Keywords:
fiscal notes, legislation, legislative auditor, state policy, conflict of interest, logging, recognition, John Keith, environment, safety, HB89, Act 615, district attorney, assistant district attorney, retiree health insurance, group health insurance, retirement benefits, public employee benefits, Third Judicial District, Thirtieth Judicial District
WA
Washington 2025-2026 Regular Session
House Finance Jan 27th, 2026
Transcript Highlights:
- And actually, I do have a question first, or maybe a question-slash-statement.
- There is a preliminary fiscal note from the Department of Revenue.
- There is a preliminary fiscal note from the Department of Revenue.
- Good morning, and thanks to the committee for hearing my statement.
- To a first approximation, all tax revenues derive from private employers.
Summary:
House Finance heard bill briefings and testimony on several tax and property-tax measures. HB 2175 would exempt licensed nonprofit providers of free durable medical equipment from retail sales and use tax on items reasonably necessary to operate and provide care; the sponsor and a nonprofit provider described how the bill would help organizations that refurbish and donate wheelchairs, beds, walkers, and similar equipment, and staff noted a small Department of Revenue fiscal impact. The committee then heard HB 2608, which revises the targeted urban area property tax exemption for nuclear facility projects by requiring labor standards, including submission of a workforce or project labor agreement and related wage/apprenticeship information, and extending project-completion deadlines. Supporters said it would help attract major clean-energy and nuclear supply-chain investment and jobs, while opponents from construction groups, environmental advocates, and some public commenters objected to the PLA requirement, the tax preference for nuclear projects, and the broader policy direction; tribal consultation concerns were also raised. No votes were taken on these bills in the transcript.
The committee also heard HB 2227, which expands an existing REET exemption for affordable homeownership sales from self-help housing to other nonprofit affordable homeownership programs, including community land trusts. The sponsor and nonprofit witnesses said the change would lower transaction costs, improve affordability, and support permanently affordable resale models; staff clarified the exemption applies to the initial sale from the nonprofit to an income-qualified buyer, not later resales. HB 2528 would allow cities and counties that fully plan under the Growth Management Act to impose the second local REET without voter approval, aligning opt-in jurisdictions with those required to plan under GMA. Supporters from cities and counties said the revenue would help fund sidewalks, ADA upgrades, water, sewer, and other infrastructure, while opponents argued it would raise home-selling costs and bypass voters.
Finally, the committee heard HB 2292, which would subject long-term capital gains from qualified small business stock to the state capital gains tax beginning in 2026. Staff said the bill would affect about 260 taxpayers and raise roughly $1.2 million in FY 2027, while the sponsor and supporters argued the current QSBS exemption mainly benefits very wealthy investors and should be treated like other capital gains; opponents from the tech and startup community said the exemption helps founders attract investment, keep companies in Washington, and create jobs, and warned the bill would send a negative signal to entrepreneurs. The committee also heard HB 2257, a Department of Revenue request bill making technical and administrative changes to the tax code, largely to codify guidance from last year’s sales-tax-on-services law and make other clarifications; DOR said it was intended to provide certainty and had no fiscal impact. School groups testified that the 5814-related service-tax changes have increased costs for districts, especially for staffing and professional learning, and asked for relief or a broader exemption.
LA
Louisiana 2026 Regular Session
Ways and Means Mar 30th, 2026
Transcript Highlights:
- And that is revenue that we are letting go begging.
- I know how critical sales tax revenue is to locals.
- Revenue.
- I wanted to increase revenue for our locals.
- We'll let you make a quick statement. Sure.
Summary:
The committee first took up HB 620, a constitutional amendment and companion legislation to centralize collection of state and local sales taxes. The author and supporters from the Tax Foundation, COST, NFIB, and LABI argued that Louisiana’s decentralized system creates high compliance costs, inconsistent administration, and lost revenue, especially for small businesses and out-of-state sellers. Several members raised concerns about the recent rollout of the hybrid e-file system, the effect on local cash flow and auditability, and whether the state could implement a fully centralized system without disrupting parish and municipal revenues. The author ultimately agreed to voluntarily defer HB 620 and its companion HB 658 so the committee could see how the current system performs and continue working with local stakeholders.
The committee then heard HB 898, which would dedicate a portion of surplus revenue to reducing and eventually eliminating the state income tax. The author described it as a gradual, revenue-triggered approach to tax elimination, while another member suggested pairing it with reductions in tax exemptions and credits. The bill was voluntarily deferred for future consideration.
Next, the committee considered HB 217 and HB 214, a bill and constitutional amendment creating an optional property tax exemption for rehabilitated blighted or derelict properties. Support came from local government and law enforcement groups, who said the measure would give parishes and municipalities a tool to encourage redevelopment and reduce blight. Members discussed safeguards, including local option, whether the exemption should follow the property for 20 years, and whether a step-down at the end of the exemption period should be considered. HB 217 was reported favorably as amended, and HB 214 was also reported favorably.
The committee also advanced HB 514 and HB 561, both by Rep. Farnum, which expand property tax relief for seniors and certain trusts. HB 514 creates an optional additional ad valorem tax exemption for homeowners age 65 and older, and HB 561 extends eligibility to certain trusts when the qualifying owner occupies the home. Both measures were described as local-option tools to help seniors remain in their homes, and both were reported favorably as amended. Finally, HB 812, by the vice chair, was heard to allow limited annual compensation increases for parish assessors. Assessor representatives said their duties have expanded and their pay has fallen behind clerks of court; members questioned the lack of direct local voter input, but the bill was presented as optional and funded locally, with discussion of transparency and a possible task force to coordinate future compensation policy.
MN
Transcript Highlights:
- Ras, thank you. earned revenue and private funds so we earned revenue and private funds so we have<00
- </c><00:15:33.319><c> and</c> be great for educational purposes and be great for educational purposes
- </c> to sell bonds so we can sell revenue to sell bonds so we can sell revenue bonds<00:39:39.599><c>
- </c> are important uh what long-term purpose are important uh what long-term purpose is<01:43:01.960>
- </c> our view with with a broader Revenue our view with with a broader Revenue stream<01:49:06.520><c
Committee:
Senate Capital Investment
NM
New Mexico 2026 Regular Session
IC - Revenue Stabilization and Tax Policy Dec 16th, 2025
Transcript Highlights:
- It was the quote, "limit to property revenue production."
- This was a revenue raiser in one measure.
- So it seems like, you know, we get the revenue estimates.
- And I just think that was an example where we raise some revenues here, lower revenues in other places
- . ...example where we raise some revenues here, lower revenues in other places.
Summary:
The committee’s final day focused first on a historical overview of New Mexico tax packages by Pam Stokes of Legislative Council Services. She described how tax packages have alternated over the decades between tax relief, revenue raising, and tax reform, with examples ranging from the creation of the gross receipts tax in 1966 to major packages in 1981, 1986, 1991, 1994, 2005, 2019, 2022, 2024, and the vetoed 2025 package. Members discussed how tax policy often tracks revenue conditions, how packages can combine increases and decreases, and how local government gross receipts taxes and hold-harmless distributions have affected communities differently. Several members reflected on past packages, especially the 2004 food tax repeal and the 2013 film tax and manufacturing changes, and noted that tax policy can have major economic and political effects even when it is not “sexy” legislation.
The committee then heard a proposal to expand the health care practitioner gross receipts tax deduction to include co-insurance, and to extend the sunset date. Sponsor Senator Figueroa said the bill was intended to help recruit and retain medical providers and build on prior deductions for co-pays and deductibles. Testimony explained that co-insurance is the patient’s share after the deductible, that providers currently absorb the gross receipts tax on those payments, and that the proposal would cost about $30 million to the state plus about $20 million to municipalities and counties, with the exact fiscal impact likely to be updated. Members raised concerns about the effect on local governments, whether insurers could be required to reimburse providers, whether the bill would actually attract doctors, and whether better evaluation measures and sunsets should be added. The sponsor said the bill was part of a broader set of efforts to address provider shortages and that the discussion would continue.
Representative McQueen then presented a bill to update the Land Conservation Incentives Act. He and conservation partners said the program has protected more than 500,000 acres but has not kept pace with rising land values, especially for irrigated agricultural land in the Middle Rio Grande. The proposal would increase the percentage of conservation value eligible for the credit, raise the per-transaction cap from $250,000 to $2 million, and make the credit refundable rather than only transferable. Testimony emphasized that the program is voluntary, keeps land in private ownership and production, and helps land-rich, cash-poor landowners preserve farmland and water rights. Members asked about average credit amounts, how easements work, whether landowners could effectively buy land and then use the credit, and whether there should be inflation indexing or a statewide cap. The discussion also touched on water rights, fencing, and the role of conservation easements in protecting agricultural land and compact water deliveries.
Finally, Senator Sharer previewed his 2% tax proposal with a historical presentation on New Mexico tax law, using props to illustrate the evolution from early territorial tax codes to the modern tax system. He argued that the state’s current tax structure is overly complex and that recent federal changes have disrupted the personal income tax base. The committee did not take any votes on the day’s presentations; the meeting was primarily informational, with members offering feedback and raising policy concerns for future sessions.
NH
Transcript Highlights:
- </c> uh revenue stream. uh revenue stream.
- </c> Department of Revenue Administration. Department of Revenue Administration.
- </c> increased revenues but called it a fee. increased revenues but called it a fee.
- </c> that's fairly modest for some purposes. that's fairly modest for some purposes.
- . revenue. revenue.
Committee:
House Ways and Means