Video & Transcript Research : 'Inflation'
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MN
Transcript Highlights:
- and can you talk about what this would mean for Greater Minnesota in terms of, as we're looking at inflation
- and can you talk about what this would mean for Greater Minnesota in terms of, as we're looking at inflation
- 01:24:43.480>
we're <01:24:43.800>looking <01:24:44.040>at <01:24:44.239>inflation - <01:24:45.040>
and <01:24:45.280>and of as we're looking at inflation and and of as - we're looking at inflation and and other<01:24:45.679>
costs <01:24:46.159>of <01:24:46.360
Keywords:
data centers, tax exemption, Minnesota statutes, economic development, employment growth, income tax, tax brackets, tax adjustments, Minnesota, tax policy, underutilized buildings, adaptive reuse, building conversion, historic preservation, downtown revitalization, vacant property, vacancy reduction, refundable tax credit, income tax credit, grant in lieu of credit
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Wednesday, September 17, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- The August inflation report put out by Trump's own Bureau of Labor Statistics said inflation is increasing
- They promised to reduce inflation.
- They promised to reduce inflation. They promised to reduce inflation.
- increase in inflation since January. increase in inflation since January.
- <09:38:50.400>
Reduction Science Act, and the Inflation Reduction Science Act, and the Inflation
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Mar 26th, 2026 at 12:10 pm
Oklahoma Senate Floor Meeting
Transcript Highlights:
- President, when we're talking about inflation, increased costs of building bridges, maintaining bridges
- That's inflation. So, this is one thing. It's kind of a deinflationary measure.
- It helps slow down inflation a little bit. This isn't gonna hurt any government.
- I actually think this is preventing government from inflating property values on private industry.
- I actually think this is preventing government from inflating property values on private industry.
Bills:
SB65, SB248, SB330, SB378, SB844, SB1330, SB1410, SB1475, SB1476, SB1565, SB1618, SB1623, SJR39, SJR47, SB2084, SB1655, SB1679, SB2174, SB1775, SB1873, SB1204, SB1884, SB1916, SB1937, SB1447, SB1500, SB2007, SB2074, SB1944, SB2018, SB1984, SB2026, SB2045, SB2049, SB2062, SB2112, SB2118, SB2127, SB2134, SB2135, SB2139, SB2154, SB1195
Keywords:
SB65, naloxone, Narcan, opioid overdose, overdose reversal, opioid antagonist, emergency opioid antagonist, substance abuse services, harm reduction, public health, overdose prevention, good samaritan, civil immunity, criminal immunity, controlled substances, addiction treatment, fentanyl, opioid crisis, school overdose response, first aid
MN
Transcript Highlights:
- council member 7% a couple years in a row because we had to pay our police and fire more due to inflation
- reducing<00:37:21.680>
their over $1 billion, reducing their over $1 billion, reducing their inflation - 22.880>
funding <00:37:23.200>levels <00:37:24.079>uh <00:37:24.160>to inflation - adjusted funding levels uh to inflation adjusted funding levels uh to to<00:37:25.119>
uh <00: - Since 2019, with COVID, they have had a lot of losses in sales, debt, and inflation, along with rising
WY
Transcript Highlights:
- from happening due to us triggering the inflation, right?
- We were worried about generating inflation. So we had an amendment that had two parts.
- <00:24:23.919>
because <00:24:24.240>we generate our own inflation because we generate - our own inflation because we add<00:24:24.720>
enough <00:24:24.960>money <00:24:25.200 - Provides for the annual review for inflation.
Bills:
HB0159
FL
Florida 2026 Regular Session
FL House Floor Session - 2025-04-09 (1:00PM Session)
Florida House Floor Meeting
Transcript Highlights:
- And so maintaining it at the current level, does that contemplate inflation in regard to mental health
- So I want to go back to our question, my question about, or our dialogue about proration and inflation
- numbers, what safeguard or safety net are we contemplating to make up for if there is increased inflation
- Increases that do not approach parity with an estimated inflation of 2.3 percent for fiscal year 2026
- You are not. schools allocation, which means that we are assuming that there will be no inflation costs
Summary:
The House convened with prayer, the Pledge of Allegiance, and a quorum present, then adopted the special order report and moved into a series of budget-related bills. The chamber first took up HB 5011/SB 2506 on environmental resource management and natural resources funding, where Democrats argued the bill would reduce recurring support for the Resilient Florida program, the Florida Wildlife Corridor, invasive species removal, and other conservation efforts. Supporters said the change would shift money from recurring to nonrecurring funding so the Legislature could reassess priorities each year and rely more on private-sector stewardship. After a strike-all amendment and conference posture change, SB 2506 passed 97-12. HB 5013, reducing state-funded property reinsurance reserves, passed 108-0, and HB 5501, redirecting documentary stamp tax distributions from housing and transportation trust funds into general revenue, passed 82-26 after extended debate over its impact on affordable housing and transportation funding.
The House also passed HB 5015 on state group insurance, which requires DMS to develop a formulary management system and was described as producing significant savings; members raised concerns about prescription access and implementation, but the bill passed 109-0. HB 5201 on state financial accounting and HB 5203 on the Capitol Center both passed unanimously, as did HB 5009, which creates a Florida Accountability Office and reorganizes audit functions. The chamber then passed HB 7031, a major sales tax reduction bill lowering the state sales tax rate and several related rates; supporters framed it as permanent relief for all Floridians, while opponents said property tax relief would be more meaningful and that the sales tax cut would also benefit tourists and out-of-state visitors. HB 7031 passed 112-0.
The House then began consideration of HB 501, the proposed fiscal year 2025-26 budget, totaling $112.9 billion and emphasizing reduced recurring spending and large reserves. Subcommittee chairs outlined their budget silos: K-12 education at $20.6 billion with teacher raises, school hardening, literacy, transportation stipends, and security funding for Jewish day schools; health care at $47 billion with full Medicaid and KidCare funding, opioid settlement spending, mental health beds, and senior services; transportation/economic development at $18.5 billion; agriculture and natural resources at $5.8 billion with reduced Everglades spending but continued water, resiliency, and land management funding; higher education at $8.7 billion; state administration at $2.9 billion; justice at $7.3 billion; and IT at $529 million for Florida PALM, FX, and other systems. Members then began questioning the K-12 budget, focusing on FEFP funding, proration, voucher growth, stabilization dollars, mental health and school safety funding, and whether districts would be held harmless under the proposed allocations.
WA
Washington 2025-2026 Regular Session
Joint Transportation Committee Jun 23rd, 2026
Joint Transportation Committee
Transcript Highlights:
- since increased, and so 2024 spending surpassed the level of spending in 2020 when we account for inflation
- Some of the challenges that we learned about were inflation and how that has really driven up the cost
- Annual spending is based on data for all cities and is an inflation-adjusted average.
- Annual spending is based on data for all cities and is an inflation-adjusted average from 2020 to 2024
- Because inflation is increasing more than 1% per year from 2019 to 2025, the relative value of this funding
Summary:
The committee began with member introductions, then heard a presentation on a draft final report studying alternative funding mechanisms for sidewalks and related pedestrian infrastructure. Consultants said current local funding sources are insufficient, with most jurisdictions unable to complete planned sidewalk networks within 50 years. They evaluated four options: a sidewalk utility fee, a modified transportation benefit district sales tax, a new real estate excise tax option, and expanded stormwater fee use for ADA sidewalk ramps. The consultants recommended authorizing the modified TBD sales tax and new REET option, considering a sidewalk utility despite legal uncertainty, broadening any authorization to all pedestrian improvements, and not pursuing the stormwater fee option. Members asked about legal authority, fairness, revenue adequacy, and whether jurisdictions had been consulted; the presenters said state enabling legislation would likely be needed for a sidewalk utility and that fairness could be defined either by direct benefit or by need.
The committee then received an update on the 2025 assessment of city transportation funding needs. The consultants reported that city transportation revenues have grown in some local and federal categories since 2019, but state revenues have remained relatively flat and smaller cities are especially affected by declining fuel tax revenues and limited tax bases. They estimated annual city transportation needs at $4.25 billion, average annual spending at $1.89 billion, and a funding gap of $2.37 billion, larger than in the prior study because of updated data, inclusion of system improvements, and higher preservation costs. Draft recommendations focused on reducing costs and improving efficiency, preserving and increasing state support, and expanding local funding options, including preservation-first spending, a permanent federal fund exchange program, streamlined review processes, better coordination with WSDOT, possible property tax flexibility, and exploration of new local tools. Members raised questions about design standards, the role of density and transit, federal compliance, and whether the report would identify specific consolidation or process changes.
The committee also heard a project update on evaluating zero-emission vehicle and electrification programs funded by the Climate Commitment Act. Consultants said they had reviewed roughly 23 programs and projects across seven agencies and were now evaluating options to improve delivery, including process improvements, reorganizing programs, or consolidating governance and administrative functions. Early findings highlighted staffing shortages, duplication and variation across agencies, differing levels of risk, and the challenge of coordinating climate priorities across agencies with other core missions. Members asked about program outcomes, administrative costs, whether some programs should have exit strategies, and how to strengthen the EV Coordinating Council. Finally, WSDOT provided an implementation update on its new public-private partnership authority under SB 5801, saying work is underway to prepare governance, legal, policy, and organizational structures ahead of the January 1, 2027 effective date.
CO
Colorado 2026 Regular Session
Colorado Senate 2026 Legislative Day 087 Apr 11th, 2026
Colorado Senate Floor Meeting
Transcript Highlights:
- It also takes away the automatic increase, inflation, and everything else.
- It also takes away the automatic increase, inflation, and everything else.
- the automatic It also takes away the automatic increase, increase, increase, uh<00:39:33.960>
inflation - <00:39:35.320>
So uh inflation, and everything else. - So uh inflation, and everything else.
Summary:
The Senate convened with a quorum, approved the corrected journal, and then received committee reports advancing several bills, including House Bills 1262, 1183, 1184, 1331, 1332, and 1333, along with Senate Bills 2, 20, 80, 137, and 141. The chamber also removed House Bill 1331 and Senate Bill 80 from the consent calendar and later took up special orders for second reading. Senate Bills 20 and 137 were considered on the consent calendar, their committee reports were adopted, and both bills passed second reading and were placed on the calendar for third reading and final passage. The Committee of the Whole report was then adopted by a 32-0 vote with 3 excused.
A substantial portion of the meeting focused on House Bill 1332, which concerns the legislative department cash fund. Sponsors and supporters described the bill as transferring $12 million to the general fund and capping the fund balance at $8 million to improve transparency and align spending with current needs. Senator Pelton offered amendment L4 to lower the cap to $5 million and remove automatic inflation adjustments, but the amendment failed on a voice vote. The bill itself was then adopted. House Bill 1333, dealing with payment of legislative department expenses, was also adopted after discussion of salary-related adjustments and cash fund transfers.
Senate Bill 141, which creates an optional $5 motor vehicle registration fee to fund wildlife crossings and related transportation improvements, drew the most debate. Supporters emphasized reduced vehicle-animal collisions, lower insurance costs, and the ability to leverage federal matching funds; several senators described personal or constituent experiences with wildlife crashes. Opponents argued existing bridge enterprise and wildlife cash funds should be used instead of creating a new fee, even if optional. Despite that opposition, the bill passed. Senate Bill 143, renaming the Colorado Youth Advisory Council review committee in honor of the late Senator Faith Winter, also passed unanimously. House Bill 1019 was laid over until April 27, and House Bill 1331, which modifies legislative interim activities and reduces an appropriation, passed after amendment L2 clarified that per diem and travel payments would not be made for meetings not actually held.
MN
Minnesota 2025 1st Special Session
Gov. Walz and House & Senate leader press conference announcing budget targets 5/15/25
Transcript Highlights:
- increase in education funding that is baked in is because of the work that we did in 2023 to add inflation
- you know, in the February forecast we were looking at a $66.67 billion budget before discretionary inflation
- discretionary 6667 billion budget before discretionary 6667 billion budget before discretionary inflation
- <00:36:46.320>
The inflation in the um budget bianium. - The inflation in the um budget bianium.
HI
Hawaii 2025 Regular Session
HHS-HRE, HHS-EDT, HHS Public Hearings 03-19-2025
Health and Human Services
Transcript Highlights:
- Increasing cigarette taxes regularly corrects for inflation and consumer purchasing power.
- regularly Increasing cigarette taxes regularly corrects<00:25:30.080>
for <00:25:30.240>inflation - <00:25:30.640>
and <00:25:30.880>consumer corrects for inflation and consumer corrects - for inflation and consumer purchasing<00:25:31.840>
power. - in 13 years, and obviously we've seen a significant amount of consumer purchase price change and inflation
Summary:
The joint Health, Human Services, and Higher Education hearing took up HB 441 HD2, a measure to increase cigarette taxes and dedicate the revenue to the University of Hawaii Cancer Center. The Department of Taxation said it had no substantive objection but requested an effective date of January 1, 2026 if tax rates change so it can order new stamps. The Department of Health, the Deputy Attorney General/tobacco enforcement, the University of Hawaii Cancer Center, the Hawaii Public Health Institute, the American Cancer Society, the Hawaii Medical Association, and several other health organizations and youth advocates supported the bill, arguing that higher cigarette prices reduce youth initiation, encourage cessation, and help fund cancer research and care. Several supporters asked for a larger increase, including at least $1 per pack, while opponents from retail, wholesale, and tobacco-related groups argued the tax would be regressive, burden low-income smokers, and drive sales to the illicit market. The Tax Foundation and other opponents also criticized reliance on sin taxes and said smoking rates are already at historic lows.
After testimony and questions, members discussed how the revenue should be used and whether higher taxes change smoker behavior or push people toward vaping or other alternatives. The chairs announced they would pass HB 441 HD2 with amendments, replacing the contents with SB 528 SD1 except for changes reflecting the Department of Taxation’s request and a provision directing all proceeds from the tax increase to the Hawaii Cancer Center’s debt reduction, with an effective date of December 31, 2025. The House Health, Human Services, and Higher Education committees then voted to adopt the recommendation; the Health, Human Services committee vote was adopted with Chair and several members voting aye and one member voting no in the Higher Education committee vote.
The hearing also briefly covered HB 1334 on meat donation, which drew support from the Department of Agriculture, Hawaii Farm Bureau, food industry, and community groups, though no action was taken in the excerpt. The committee then heard HB 1098 on crimes against protective services workers. The Honolulu Prosecutor’s Office and Honolulu Police Department supported the bill, saying assaults on protective services workers can have chilling effects and deserve stronger deterrence; a committee question raised whether the bill should instead be part of a broader, more proactive approach to assault statutes. The Department of Human Services also described safety steps such as panic buttons and phone apps for social workers. The excerpt ends before any final vote on HB 1098.
TX
Texas 89th Regular
Senate Committee on Health and Human Services Mar 11th, 2025
Health & Human Services
Transcript Highlights:
- We see a facility pay itself and then pay an inflated rent or fee to a related company that is also owned
- when I was in the House, so it's been a long time since we've looked looked at that, and certainly inflation
- So that's my question, is it a mechanics of inflation over time these revenue... revenue streams don't
- The cost cannot be inflated for expression. party for reimbursement.
- And then it just goes with inflation, you know, just keeps up with the — I'd probably use the conservative
MN
Minnesota 2025-2026 Regular Session
Transportation panel OKs bill to temporarily halt spending on light rail transit projects 2/12/25
Minnesota House Floor Meeting
Transcript Highlights:
- a project this size, the cost of delay is in about the $100 million a year range, just based on inflation
- a project this size, the cost of delay is in about the $100 million a year range, just based on inflation
- the100 million a year range just based the100 million a year range just based on<00:06:43.520>
inflation - 44.560>
so <00:06:44.800>looking <00:06:45.039>at <00:06:45.199>a on inflation - and so looking at a on inflation and so looking at a two-year<00:06:46.400>
uh <00:06:46.639><
MO
Transcript Highlights:
- Everybody in this room has lived through the massive inflation that we had a few years ago.
- So if you look at a 30 percent drop from where it was, plus the inflation...
- So if you look at a 30 percent drop from where it was, plus the inflation of what things cost us, we're
Summary:
The Missouri House Legislative Rules Committee held a rare public hearing on House Bill 2243, sponsored by Rep. Bryant-Wolfen, which would repeal a local sales tax exemption for certain industries that was enacted in a prior omnibus bill tied to the Wayfair-related tax changes. The sponsor argued the exemption shifted revenue away from counties and onto local residents, and said the bill would restore local tax collections that had been lost without a guaranteed replacement. Several members questioned whether the proposal amounted to a tax increase on manufacturers and whether it could deter investment or job growth; the sponsor responded that the tax burden had already been shifted to Missourians and that other pro-business reforms could address competitiveness.
Supporters from Iron County, St. Genevieve County, and Adair County testified that the exemption had reduced local revenue for roads, law enforcement, ambulance, and 911 services. They described budget shortfalls, service cuts, and the impact on counties that had already approved local sales or use taxes by voter approval. One Iron County commissioner said the loss of revenue had forced higher property tax levies and reduced ambulance coverage, while St. Genevieve officials cited large drops in monthly sales tax receipts and rising costs. Adair County officials said the exemption affected revenue from large solar and wind projects and argued that the taxes were intended to support local infrastructure and schools.
Opponents, including Associated Industries in Missouri, argued the exemption was originally adopted to keep Missouri’s tax system uniform and compliant with the U.S. Supreme Court’s Wayfair framework for out-of-state sellers. They warned that removing the exemption could create a $35 million annual burden on manufacturers and potentially jeopardize broader local use-tax collections if the state’s system were challenged again. Committee members also discussed the possibility of requiring local voter approval or a replacement revenue source before changing the exemption. No vote was taken during the hearing, and the chair said he planned to execute the bill later in the week.
HI
Hawaii 2026 Regular Session
JDC, JDC DEFER Public Hearings 03-24-2026
Transcript Highlights:
- being that the reimbursements for services per purchase service contracts aren't keeping up with inflation
- Okay. - So I'm assuming that that's not the only category of expenditures where inflation is having an
- So we know that they don't match the current realities of inflation.
Summary:
The Judiciary Committee heard and acted on several nominations and bills. It first recommended advise and consent for Governor’s Message 573, confirming Luann Blake to the Statewide Elections Accessibility Needs Advisory Committee after she described her experience as a blind voter and her goals of improving outreach and accessibility for voters with print disabilities. The committee then took up the judiciary supplemental budget bill, HB 2095, with testimony from the courts and several supportive organizations. The courts requested funding for security, cybersecurity, substance use treatment contracts, public guardian services, staffing, and capital projects; members questioned the lump-sum CIP request, the substance use contract funding, and the Kamanu Hale elevator project. The committee later voted to pass HB 2095 with amendments, including changes to cybersecurity funding, security-related report language, and other committee-report notes.
The committee also heard HB 1520, which changes the five-year statute of limitations for criminal prosecutions of campaign finance violations to begin upon discovery by the Campaign Spending Commission. The commission supported the bill, saying it would prevent delayed reporting from avoiding prosecution, while one senator raised concerns about due diligence, tolling, and the difference between administrative and criminal enforcement. The bill drew broad support from advocacy groups and was advanced with an amendment clarifying “criminal prosecution.” HB 1548, which reduces the maximum sentence for misdemeanors and other offenses punishable by up to one year to 364 days, received strong support from the Public Defender, immigrant-rights groups, OHA, and others, who said the change would reduce immigration consequences for noncitizens. The committee later amended and passed the bill, limiting it to non-violent offenses.
HB 2050, increasing partial public financing limits and available public funds, was supported by the Campaign Spending Commission and good-government groups, while OHA asked for parity with lieutenant governor races. The committee passed it with amendments increasing the public-fund match and funding levels, and requested additional appropriations in the committee report. HB 2494, which would set factors for warrantless arrests for petty misdemeanors and violations and require documentation of the justification, drew strong support from the Public Defender and civil-liberties advocates but opposition from the Attorney General’s office, prosecutors, police, and some business groups, who warned it would restrict officer discretion and trigger litigation. The committee nevertheless passed it with amendments. In a final decision-making agenda, the committee also passed HB 2250 with amendments, adding blank appropriations and committee-report language related to claims against the state, including claims involving exonerees and a disputed USEPA-related claim.
WV
West Virginia 2026 Regular Session
WV Senate Finance Committee in Session Jan 15th, 2026 at 09:04 am
Finance
FL
Florida 2025 Regular Session
December 9, 2025 - 08:30 AM
Transcript Highlights:
- LABS IN STUDYING THE NATIONAL AVERAGE OF ELECTRICITY PRICES FROM 2019 TO 2024 PRIMARILY TRACKING INFLATION
- AGING INFRASTRUCTURE, EXTREME WEATHER AND WILDFIRE RECOVERY COSTS, VOLATILE NATIONAL GAS PRICES, AND INFLATION
- ENSURING THE LONG TERM GREAT RESOURCE ADVOCACY AND DEVELOPMENT WHEN IT'S TOO HIGH IT CAN LEAD TO INFLATED
MN
Minnesota 2025 1st Special Session
House/Senate DFL Press Conference 3/24/25
Transcript Highlights:
- their lives or afford their lives and control costs as they're increasingly, you know, hit with inflation
- their lives or afford their lives and control costs as they're increasingly, you know, hit with inflation
- longer. ...people control their lives and control costs as they're increasingly, you know, hit with inflation
FL
Florida 2025 Regular Session
March 13, 2025 - 08:00 AM
Transcript Highlights:
- presents a challenge in that as the aforementioned costs to provide services increase, either due to inflation
- challenge in that as the aforementioned cost to provide services, is those increase, either due to inflation
- So one of the biggest concerns is capping it at 2024 levels doesn't really allow for inflation, market
Summary:
The Ways and Means Committee met on March 13, 2025, for its first meeting of the session, with member and staff introductions followed by consideration of several tax-related bills. The committee first heard HJR 163 and its implementing bill HB 165, which would extend the homestead property tax exemption for quadriplegics to surviving spouses, similar to the treatment for surviving spouses of certain disabled veterans. Sponsor Rep. Tant and constituent J.R. Harding described the financial and caregiving burdens faced by spouses of quadriplegics. The committee heard supportive testimony from the Florida Association of Property Appraisers and members voted both measures favorably without opposition.
The committee then considered HB 785 on heated tobacco products. Rep. Tramont said the bill would create a new tax/regulatory category for the product, and an amendment clarifying the definition was adopted. The James Madison Institute offered a resource on the issue, the Florida Retail Federation waived in support, and Ranking Member Eskamani said she had concerns about the excise tax treatment and would vote no. The bill passed 16-1. Next, HB 321, a property tax exemption clarification for homes for the aged, was presented by Rep. Smith as a technical “glitch bill” to align state law with IRS tax code and ease development of low-income senior housing. It drew supportive testimony and passed unanimously.
The final bill, HB 503 by Rep. Botana, would cap local government revenue from local business taxes and require refunds if collections exceed the cap, with carve-outs for fiscally constrained areas. Local government and economic development groups, including the Florida League of Cities, the City of Winter Haven, the Miami-Dade Beacon Council, and the Florida Association of Counties, opposed the bill, arguing it would limit funding for public safety, inspections, economic development, and other services and create administrative refund problems. Several members supported the bill as a tax-cutting measure, while others warned of impacts on local services and revenue flexibility. The committee reported HB 503 favorably on a 14-5 vote, and then adjourned.
HI
Hawaii 2025 Regular Session
HOU-LBT, HOU DEFER, HOU Public Hearings 02-06-2025
Transcript Highlights:
- I understand what you're saying too, but at the same side of the coin is that that's the kind of inflation
- I understand what you're saying too, but at the same side of the coin is that that's the kind of inflation
- Coin is that that's the kind of inflation we're looking at, so these guys getting homeless, houseless
Summary:
The Committee on Housing met on February 6, 2025, first in a joint session with the Committee on Labor and Technology. The joint committees heard SB 1235, which would create a Hawaii Housing Finance and Development Corporation program for government employee housing, including a revolving fund and a leasehold rent-to-own program. Testimony was generally supportive from HHFDC, the Department of Budget and Finance, and UPW, with one testifier opposing the bill because it was limited to state workers and should be broader. The committees recommended passage with amendments, including technical changes, $450,000 for two positions, removal of an income restriction, and clarification that leasehold and day-one projects are eligible; both committees adopted the recommendation unanimously, and the joint meeting adjourned.
The Housing Committee then took up SB 67, SB 1133, and SB 1333. SB 67 would bar inclusionary zoning requirements on certain housing offered for sale or rent to qualifying residents, and it received support from HHFDC, the Grassroot Institute of Hawaii, and others; the committee recommended passage with technical amendments and adopted it. SB 1133 would allow counties to set rent increase limits tied to CPI and create a long-term residential lease tax credit; testimony included support from the Department of Taxation and opposition from Hawaii Realtors, NAIOP Hawaii, and the Tax Foundation, which warned about rent-control consequences. The committee recommended passage with amendments that made the credit nonrefundable, allowed limited carry-forward, restricted claims in certain family-lease situations, set filing deadlines, and applied the measure to disaster-affected counties; the recommendation was adopted.
SB 1333 would allow certain counties to use surcharge revenues for transportation and housing infrastructure and extend the surcharge period. DBEDT, OPSD, HCDA, county officials, and the Grassroot Institute supported the bill, while the Tax Foundation opposed it, arguing temporary taxes were becoming permanent. The committee recommended passage with technical amendments, and members noted concerns that prior surcharge revenues had not produced enough housing projects, which were to be reflected in the committee report. Finally, the committee deferred SB 834 indefinitely because it had already been deferred indefinitely by the Hawaiian Affairs Committee, and the Housing Committee adjourned after completing its agenda.
FL
Florida 2025 Regular Session
Children, Families, and Elder Affairs Jan 14th, 2025
Transcript Highlights:
- your senses, population or different economic factors that could impact the cost of care, right, inflation
- geographic housing, growth rates, wage growth, wage growth rates, broken down by region as well as inflation
- And so is there anything that restrains the actual costs from inflating exponentially really without