Video & Transcript : 'income levels' :
Page 48 of 500
CA
California 2025-2026 Regular Session
Senate Revenue and Taxation Committee May 6th, 2026
Transcript Highlights:
- No income. No income. So what is the analysis?
- But capital gains would not count as income. Does not count as income? What is that?
- Not earned income. Not earned income. Okay, I'm sorry, but I didn't totally understand that.
- poverty level.
- levels, similar to how the exemption currently works for low-income housing.
Summary:
The committee heard and advanced several tax and revenue measures, beginning with SB 1329 on solar property tax assessment. The author and solar industry witnesses argued the bill would create a uniform statewide method, provide certainty for developers, and exclude tax credits and other intangibles from valuation; county assessors and several counties opposed it, saying it would reduce assessed value and depart from market-based appraisal. The bill was moved to Appropriations on a 2-0 vote and placed on call. The committee also heard SB 1406 to close the “Montana tax loophole” used to avoid California vehicle taxes, with support from the California Teachers Association and no registered opposition; it passed 2-0 and was placed on call. SB 984, conforming California law to the federal tipped-income deduction, drew support from the restaurant industry, Howard Jarvis Taxpayers Association, and enrolled agents, and passed 3-0 to Appropriations, on call.
Later, the committee considered wildfire- and energy-related tax credits. SB 1084 would create a fire-safe home tax credit for home hardening and defensible space improvements; supporters said it would reduce wildfire losses and insurance costs, and it passed 3-0 on call. SB 1118 would provide credits for backup generators and solar battery systems in high fire-threat areas; the author framed it as a resilience measure for households and small businesses, but members raised concerns about cost, diesel use, and whether the credit would reach lower-income households. The bill was moved 1-0 and placed on call, with the chair and other members noting unresolved budget and policy concerns. SB 1424, expanding a partial sales tax exemption to zero-emission vehicle refueling equipment, received support from hydrogen and electric transportation groups and passed 4-0 on call.
The committee also advanced SB 1249, a senior tax deduction for taxpayers ages 86 to 90, with support from LeadingAge California and senior advocates; members noted it was narrowly targeted and passed 4-0 on call. SB 1113, conforming California tax law to the federal tonnage tax regime for U.S.-flag international shipping companies, drew support from maritime industry groups and opposition from ILWU over the fiscal impact; it passed 4-0 on call. SB 1137, the Medical Expense Deduction Act, would allow a targeted deduction for medical expenses for lower-income taxpayers; supporters said it would help families facing high out-of-pocket costs, and it passed 4-0 on call. Finally, SB 1415 would extend a partial welfare property tax exemption to mixed-income housing that includes moderate-income units; supporters said it would help finance “missing middle” housing, while assessors and housing stakeholders requested amendments and guardrails. The bill was also moved forward on a committee vote and placed on call.
NM
Transcript Highlights:
- Recurring spending levels. We would, Mr.
- of personal income tax reductions.
- We're also seeing it in the corporate income tax because corporate income taxes are heavily dependent
- a year in a few years of income.
- investment income going forward.
Committee:
Senate Senate Finance
OK
Transcript Highlights:
- That's income withholding, also known as automatic income assignment.
- That's income withholding, also known as automatic income assignment.
- I think we're at a level now with incomes that having the pony and the private stuff is going to be at
- more of your higher-level income that is over the 360,000, which would be over 30,000 combined income
- level.
Committee:
Senate Judiciary
Summary:
The Senate Judiciary Committee met to conduct the statutorily required four-year review of Oklahoma’s child support guidelines, which DHS said had not been reviewed on schedule in recent years. Deputy Director Don Zellner of DHS Child Support Services presented data on the number of children served, child poverty, rising costs of raising a child, wage trends, and the volume of child support orders handled by DHS. He also explained how the current guidelines work, including income withholding, shared overnight deductions, daycare, medical, transportation, and self-employment adjustments, and noted that the guidelines are based on gross combined income and currently cap at $15,000 combined income.
Committee members, especially Senator Boren, questioned whether the current model fairly reflects modern family economics, including the cost of housing, the impact of shared overnights, and whether visitation issues should be addressed alongside child support. DHS said the guidelines are over 25 years old, that other states generally use similar gross-income models with shared-overnight deductions, and that Oklahoma’s administrative courts have been more receptive than district courts to DHS’s lower-income deviation approach. Zellner said DHS has also updated its practices to better account for low-income obligors, including allowing zero orders in some cases and reducing imputed minimum-wage assumptions, which DHS said has improved collections.
Members also asked about transparency and public access to the calculations. DHS said the formula and income chart are in statute, the calculator is available on the DHS website, and the Excel-based tool applies the statutory chart and deductions. A public commenter asked where parents could see how amounts are calculated, and DHS explained that the statutory chart and calculator are the main sources. The committee discussed possible future reforms, including higher income caps, possible changes to shared overnight rules, and whether extracurricular or special child-related expenses could be considered through judicial deviation. No vote was taken; the meeting ended with the chair noting it was the last Judiciary meeting of the 60th Legislature and adjourning the committee.
OK
Oklahoma 2026 Regular Session
Health and Human Services Oversight REVISED: SB640, SB1502 and SB1562 - Added Apr 13th, 2026 at 03:00 pm
Health and Human Services Oversight
Transcript Highlights:
- 2007 is a PBM bill that basically says that if a pharmacist acquires a drug and is reimbursed at a level
- power and that they will not be able to incorporate all that loss, and it will go to employees at some level
- So, you know, I would say that while on the surface there is some level of sentiment that says let the
- with us because the only place anyone's ever looked to save money in health care is at the provider level
- is mail-ordered through one or two companies, and there is no competition for them at the consumer level
Bills:
SB206 , SB640 , SB667 , SB1344 , SB1380 , SB1423 , SB1425 , SB1436 , SB1484 , SB1500 , SB1502 , SB1503 , SB1557 , SB1562 , SB1572 , SB1644 , SB1645 , SB1794 , SB1796 , SB1806 , SB1849 , SB1984 , SB2007 , SB2074
Committee:
House Health and Human Services Oversight
Keywords:
SB206, emergency medical services, EMS, ambulance, 911 response, emergency response, essential services, federal funding, grant funding, public health, health care facility, municipality, county, ambulance service district, tribal entity, public entity, contract ambulance service, Oklahoma, 63 O.S. 2021 Section 1-2502, emergency clause
OK
Oklahoma 2026 Regular Session
Health and Human Services Oversight REVISED: SB640, SB1502 and SB1562 - Added Apr 13th, 2026
Health and Human Services Oversight
Transcript Highlights:
- 2007 is a PBM bill that basically says that if a pharmacist acquires a drug and is reimbursed at a level
- So, you know, I would say that while on the surface there is some level of sentiment that says let the
- with us because the only place anyone's ever looked to save money in health care is at the provider level
- with us because the only place anyone's ever looked to save money in health care is at the provider level
- is mail-ordered through one or two companies, and there is no competition for them at the consumer level
Bills:
SB206 , SB640 , SB667 , SB1344 , SB1380 , SB1423 , SB1425 , SB1436 , SB1484 , SB1500 , SB1502 , SB1503 , SB1557 , SB1562 , SB1572 , SB1644 , SB1645 , SB1794 , SB1796 , SB1806 , SB1849 , SB1984 , SB2007 , SB2074
Committee:
House Health and Human Services Oversight
Keywords:
SB206, emergency medical services, EMS, ambulance, 911 response, emergency response, essential services, federal funding, grant funding, public health, health care facility, municipality, county, ambulance service district, tribal entity, public entity, contract ambulance service, Oklahoma, 63 O.S. 2021 Section 1-2502, emergency clause
Summary:
The committee opened with prayer and then took up a series of health and human services bills, most of them moving forward on do-pass motions. Senate Bill 1645 would set audit procedures for Medicaid providers, with discussion focused on protecting providers from penalties for scrivener’s or typographical errors while still holding them accountable for fraud or failure to provide services. Senate Bills 1796 and 1806 addressed foster care, including a 72-hour cap on informal care and extending foster care to age 21 for youth continuing their education. Senate Bills 1423, 1425, and 1502 all repealed outdated advisory councils or programs that were no longer active or needed. SB 206, as amended, expanded licensed ambulance services as essential services to help them access more federal funding, and SB 500 sought to prevent pharmacy benefit managers from delaying payments to pharmacists. These measures were reported out with unanimous or near-unanimous votes.
The committee also heard Senate Bill 1503, which would allow certain nonprofit pregnancy-support organizations without an Oklahoma physical address to apply for Choosing Childbirth grants. Members questioned whether state dollars could go to out-of-state personnel and how telehealth and reporting requirements would work. The bill was laid over for further amendment work. Senate Bill 1557 would place certified behavioral analysts under the State Board of Examiners of Psychology, and members raised questions about how it might interact with a separate bill affecting board authority; it passed after discussion. Senate Bill 1894 gave the podiatry board authority over continuing education, and SB 1984 was a cleanup bill for the Board of Osteopathic Medicine, including authority over certain licensure and telemedicine-related review issues; both passed after questions about scope and reciprocity.
Later, the committee considered several pharmacy and insurance-related bills. SB 1344 created an insulin access and affordability program to partner with manufacturers of low-cost biosimilar insulin, and SB 1380 required Medicaid eligibility checks against death records, with an amendment discussed to protect long-term care facilities from retroactive nonpayment when eligibility is delayed. SB 1572 would commission a feasibility study on dissolving the Department of Mental Health and temporarily allow the Health Care Authority commissioner to oversee both agencies. SB 2007 required PBMs to reimburse pharmacists at actual acquisition cost when reimbursement falls below cost, with escalating fines for noncompliance. SB 2074 would impose a mandatory dispensing fee tied to the Medicaid rate; it drew extensive debate over whether costs would be shifted to employers, employees, or the state, and over the impact on pharmacy closures and rural access. The committee ultimately reported the bills out, with SB 2074 passing after lengthy discussion and a final vote.
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 34 Apr 2nd, 2026 at 09:30 am
Oklahoma House Floor Meeting
Bills:
SJR39 , SJR47 , SB227 , SB1942 , SB1627 , SB625 , SB1716 , SB1303 , SB2180 , SB504 , SB1209 , SB1448 , SB1597 , SB1679 , SB2182 , SB2112 , SB2170 , SB2084 , SB1496 , SB1595 , SB1655 , SB1876 , SB1621 , SB1944 , SB1266 , SB2072 , SB2104 , SB1769 , SB1827
Keywords:
property valuation, tax limit, homestead, income threshold, elderly, constitutional amendment, voter ID, elections, Oklahoma, proof of identity, gross production tax, ad valorem tax, property exemption, Oklahoma Tax Commission, oil and gas production, regulatory impact, economic implications, dental insurance, health care, medical necessity
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 34 Apr 2nd, 2026
Oklahoma House Floor Meeting
Bills:
SJR39 , SJR47 , SB227 , SB1942 , SB1627 , SB625 , SB1716 , SB1303 , SB2180 , SB504 , SB1209 , SB1448 , SB1597 , SB1679 , SB2182 , SB2112 , SB2170 , SB2084 , SB1496 , SB1595 , SB1655 , SB1876 , SB1621 , SB1944 , SB1266 , SB2072 , SB2104 , SB1769 , SB1827
Keywords:
property valuation, tax limit, homestead, income threshold, elderly, constitutional amendment, voter ID, elections, Oklahoma, proof of identity, gross production tax, ad valorem tax, property exemption, Oklahoma Tax Commission, oil and gas production, regulatory impact, economic implications, dental insurance, health care, medical necessity
Summary:
The House convened, the roll was called, and the chamber proceeded with the day’s order of business, including an invocation, the Pledge of Allegiance, and several floor presentations and announcements. The chaplain delivered a Holy Week message centered on Easter, resurrection, and overcoming fear, followed by the Pledge and a series of recognitions for guests and birthdays.
Representative Rosecrants presented a citation recognizing April 2 as World Autism Day and Autism Awareness and Acceptance Month, with members from the Autism Foundation of Oklahoma present in the gallery. The House also welcomed students from MacArthur Middle School, Leadership Guthrie, and the Tuttle High School football team, which was recognized for winning the 2025 Class 4A state championship. Additional announcements noted the Artemis mission’s progress, committee meeting schedules, and other personal and district updates from members.
No bills were debated or voted on in the portion provided. The only formal action taken at the end of the meeting was a motion to adjourn, which was adopted without objection, and the House adjourned until Monday, April 6, 2026, at 1:30 p.m.
AZ
Transcript Highlights:
- Level of transparency would allow voters to be more informed when they go to the polls to cast a vote
- , disposable income, or $8,000, whichever is greater.
- So I don't understand why we can't just apply theft... ...level charge there would be.
- If you are stealing that, at that level, at that monetary level, you are facing a much higher felony
- And the theft statute very clearly delineates a felony level depending on the monetary value.
Bills:
SB1067 , SB1234 , SB1285 , SB1295 , SB1392 , SB1413 , SB1436 , SB1470 , SB1476 , SB1489 , SB1512 , SB1535 , SB1540 , SB1556 , SB1568 , SB1569 , SB1570 , SB1573 , SB1585 , SB1609 , SB1627 , SB1634 , SB1635 , SB1644 , SB1647 , SB1648 , SB1650 , SB1653 , SB1654 , SB1655 , SB1656 , SB1657 , SB1658 , SB1661 , SB1662 , SB1664 , SB1666 , SB1667 , SB1669 , SB1709 , SB1720 , SB1723 , SB1725 , SB1743 , SB1746 , SB1748 , SB1755 , SB1786 , SB1820 , SB1822 , SB1829 , SCR1027 , SCR1040 , SCR1048
Committee:
Senate Judiciary and Elections
Keywords:
tax lien, property tax lien, real property tax lien, foreclosure, right of redemption, redeem, excess proceeds, county abatement lien, abatement lien, lien priority, assessment lien, easement, county treasurer, certificate of purchase, tax delinquency, delinquent property taxes, property owner equity, judgment foreclosure, title report, Arizona Revised Statutes
FL
Transcript Highlights:
- If it stops being recognized at the federal level, spending money on it can be considered malfeasance
- If there are exceptions for the state level, it still can be done at the state level.
- Just look across the way at the state level.
- Just look across the way at the state level.
- She was. back to the trial court even without a contemporaneous objection at the trial court level.
Bills:
S0092 , S0110 , S0192 , S0212 , S0260 , S0350 , S0394 , S0422 , S0434 , S0442 , S0484 , S0546 , S0556 , S0684 , S0696 , S0706 , S0748 , S0786 , S0820 , S0824 , S0838 , S0840 , S0848 , S0856 , S0962 , S1000 , S1014 , S1036 , S1050 , S1054 , S1080 , S1118 , S1134 , S1338 , S1480 , S1500 , S1506 , S1622 , S1724
Committee:
Senate Rules
Keywords:
employee protections, whistleblower, retaliation, public trust, ethics complaint, Commission on Ethics, Public Employees Relations Commission, public employee, local government attorney, public officer, adverse personnel action, protected disclosure, whistleblower retaliation, state agency, independent contractor, public employment, civil service, reinstatement, back pay, front pay
Summary:
The Committee on Rules met with a quorum and considered a long agenda of bills, many of them retained from the prior week. The most debated measure was CS for SB 706, which would preempt naming of major commercial service airports to the state and designate Palm Beach International Airport as the Donald J. Trump International Airport, subject to FAA approval and a trademark agreement. Amendments were offered and rejected, including proposals to prevent private financial benefit from the naming. Several senators spoke in opposition, citing concerns about naming an airport after a sitting president, lack of local input, and the trademark/licensing arrangement; supporters argued there was no cost to the airport and that the bill simply set a state naming policy. The committee reported the bill favorably after a roll call vote. The committee also reported favorably CS for SB 546 on conservation land notice requirements, CS for CS for SB 1014 on municipal utility service to properties outside city limits, CS for SB 1500 on uncontested probate proceedings, SB 962 on excluding farms from certain zoning definitions, and CS for SB 820 on problem-solving court reporting requirements.
The committee then approved several bills from Senator DiCeglie and Senator Arrington. SB 840, addressing land-use regulations for local governments affected by natural disasters, was supported by local-government and environmental advocates who said it would restore local control after SB 180’s hurricane-related restrictions; the sponsor said it was intended to correct unintended consequences of last year’s law. CS for SB 856, requiring online listing platforms to show estimated ad valorem taxes on residential listings, was amended to exclude social media platforms and broaden liability protections; the sponsor and a county property appraiser described it as a consumer-transparency measure. CS for SB 110, clarifying homestead exemption treatment for long-term leases that end at death, was also reported favorably.
The committee took up a controversial strike-all amendment to SB 212, which focused on public swimming pools and added residency and related restrictions for certain sex offenders and offenders on community control or probation. The amendment drew strong opposition from advocates and affected families, who argued it would worsen homelessness, impose broad geographic restrictions, and lack evidence of improving child safety; supporters said it was a targeted public-safety measure. Despite the objections, the committee reported the bill favorably. The committee also approved SB 684 on electronic signatures for total-loss vehicle and vessel titles, SB 394 on reinsurance intermediary managers, SB 434 on property tax assessment treatment for wind-hardening improvements, CS for CS for SBs 658 and 608 on water-safety requirements for rental properties with pools or nearby water, SB 748 on adding voting-rights restoration information to sentencing score sheets, and CS for SB 824 requiring school districts to inventory unimproved real property. The meeting ended while the committee was beginning SB 848 on stormwater treatment, with an amendment being introduced as the transcript cut off.
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Feb 16th, 2026
Transcript Highlights:
- And do we know if folks who make that level of income, if they file federal taxes, traditionally itemized
- So the words role and level are very important here because role and level directly... Thank you.
- Role and level are very important here because role and level directly relate to that wage and career
- level.
- , salary, pay hourly, and annual. level or 19 at the higher for their entry level.
Summary:
The committee met late in the evening and announced that Senate Bill 132 would be rolled until the next day. The only bill heard was Senate Finance Committee substitute for Senate Bill 241, which would codify New Mexico’s Child Care Assistance Program in statute, establish eligibility, payment, wait-list, and co-payment rules, require reporting and transparency, and tie reimbursement rates to a cost-estimation model and wage scale/career lattice. The sponsor and administration described the bill as creating a durable framework for universal child care, with protections for program integrity, inclusion of children with developmental needs, and requirements to maximize state and federal child care tax benefits. Public testimony was largely supportive of the bill’s child care expansion goals, with endorsements from State Police, firefighters, early childhood advocates, and women’s policy groups, but many providers and educators said they could not support it without stronger wage and career-ladder protections and clearer guarantees that funding would reach staff salaries rather than owners or institutions.
The committee adopted Vice Chair Dixon’s amendment, which lowered the proposed transfer from the Early Childhood Education and Care Trust Fund from $1 billion to $700 million and added reporting requirements on the wait list, consultation requirements for rate-setting, additional facility reporting, a prohibition on supplanting certain public education funds, tribal facility participation, and food program reporting. A separate amendment from Representative Duncan to require first-come, first-served enrollment was debated at length but was tabled by a 9-7 vote after the sponsor and secretary said it conflicted with federal prioritization rules and the bill’s targeted access goals. Members also questioned how the bill would affect public entities, nontraditional-hour providers, co-pay triggers, and whether the wage scale would adequately compensate educators.
After debate, the committee voted 10-7 to give the amended bill a do-pass recommendation. Supporters said the bill would strengthen workforce stability, improve access for working families, and help sustain New Mexico’s universal child care system; opponents warned about the long-term fiscal impact, the potential growth of the program, and whether the bill sufficiently protected early childhood educators’ wages and other state priorities. The meeting adjourned with notice that the committee would reconvene at 8 a.m. the next day to hear the Senate’s actions on House Bill 2.
WA
Transcript Highlights:
- income, or AGI, and incorporates several modifications to arrive at their Washington base income.
- This bill specifies that income excluded from the federal AGI, including tribal treaty income, is also
- From the Washington-based income, there are three deductions and one income increase that are applied
- From the Washington-based income, there are three deductions and one income increase that are applied
- lowest income.
Committee:
House Finance
NH
New Hampshire 2025 Regular Session
House Ways and Means (02/12/2025)
Transcript Highlights:
- </c><01:00:20.039><c> level</c><01:00:20.599><c> but</c> not depending on their income level but not
- depending on their income level but in in in general<01:00:22.720><c> if</c><01:00:23.079><c> you</c>
- It would see anybody at this level of income could get a break, in effect, and we'd still have enough
- </c><03:26:17.040><c> of</c><03:26:17.439><c> income</c><03:26:18.439><c> could</c> anybody at this level
- of income could anybody at this level of income could get<03:26:19.520><c> a</c><03:26:19.720><c> break
Summary:
The committee opened a public hearing on HB 402, a bill dealing with whether Education Freedom Account (EFA) payments should be described in state law as not constituting taxable income. The bill sponsor argued that the current statute is misleading because New Hampshire should not imply a federal tax result, and said the bill would remove that language and could also be amended to clarify that families should consult tax advisors. He emphasized that the measure was not intended to impose a state tax on EFAs, but to avoid giving inaccurate advice about possible federal tax liability.
Testimony was divided. A retired representative and a tax preparer both opposed the bill, saying EFA payments are already treated consistently with IRS rules and that the bill would create confusion, administrative burden, and possible tax consequences for low- and moderate-income families. They argued the bill is a solution in search of a problem and warned that requiring 1099s could add costs for the scholarship organization and recipients. A tax attorney supported the bill’s repeal of the state language, saying New Hampshire should not put tax advice into statute and that the current wording is inaccurate because federal law, not state law, controls taxability. He cited IRS Section 117 and Publication 970, explaining that only some scholarship-like payments are tax-free and that many EFA-eligible expenses may not qualify for federal exemption.
Members asked questions about what would be misleading, whether the bill was trying to tax EFAs, and the cost of issuing 1099s. The sponsor and witnesses repeatedly said the bill was not a state tax on voucher payments, but a clarification about federal tax treatment. No vote or final committee action was taken in the portion provided.
MA
Massachusetts 2025-2026 Regular Session
Status of Persons with Disabilities Jun 21st, 2026 at 11:00 am
Transcript Highlights:
- if your income goes up or down.
- So these units have a set rent based on about 30% of a certain local income level, which is where that
- It's not going to adjust based on your income level.
- For a family with an income of, let's say, around $31,200 for a family of two, a rent-based-on-income
- For rent-based-on-income opportunities, the rent is set based on the percentage of the household income
Summary:
The Long-Term Services and Supports and Health Equity Subcommittee met with a presentation from Housing Navigator Massachusetts. Staff described the nonprofit’s mission to improve access to affordable housing through a free, 24/7 search tool and public data dashboards. They explained how the site distinguishes between rent-based-on-income units and fixed below-market rent units, how mobile vouchers such as AHVP and Section 8 interact with those listings, and what types of housing are included or excluded from the database. They also reviewed accessibility filters, supportive housing resources, and related state programs such as EOHLC resources and RAFT.
Committee members asked about the organization’s funding, the availability of voucher programs, and whether the site tracks demand for accessible units or wait lists over time. Housing Navigator said it is primarily supported through the state, works closely with the Executive Office of Housing and Livable Communities, and does not collect personal application data because it is not part of the application process. Staff said accessible units appear to be in high demand, but they do not have direct data on how many people are waiting or how many applications result from site visits. They also said they are working to improve data sharing, more frequent updates, and future research tools.
Members discussed ways to increase public awareness of Housing Navigator, including sharing a one-page fact sheet or infographic through disability organizations, local disability commissions, independent living centers, and the Massachusetts Office on Disability. The subcommittee also briefly discussed future goals, including inviting MassHealth to a January meeting, seeking regular updates on federal Medicare and Medicaid developments, reviewing the annual report’s recommendations, and possibly planning a future health equity event. The meeting ended with the introduction of new commission member Victoria Gill and a motion to adjourn, which was approved unanimously.
AZ
Arizona 2026 Regular Session
01/29/26 - Finance Advisory Committee
Transcript Highlights:
- accelerated gains, while lower-income earners see a slowdown in income growth.
- Since payments are made primarily on non-wage income, or really just on non-wage income, it is likely
- Corporate income tax.
- increase in their income over lower-income workers.
- and at the state level.
Summary:
The Finance Advisory Committee met for its January session to review Arizona revenue and economic conditions ahead of the budget process. JLBC staff presented the January baseline, noting projected positive cash balances through FY 2029 and about $577 million to $578 million in discretionary capacity, but also highlighting major unfunded items not included in the baseline, including federal tax conformity costs, ongoing one-time spending for state employee health insurance and school facility repairs, and administrative costs tied to H.R. 1. Staff also reviewed revenue trends by category, saying FY26 general fund revenues were running above forecast overall, with strength in retail, restaurants and bars, and individual income tax payments, while contracting and utility-related collections were weaker or flat. They also compared JLBC and executive revenue assumptions and discussed the executive’s proposed revenue changes, including border reimbursement assumptions, sports betting tax changes, data center-related tax and fee proposals, and other non-general fund measures.
A major topic was income tax conformity with recent federal tax law changes. Staff explained that current Department of Revenue forms assume “straight conformity,” but the governor’s proposal and vetoed SB 1106 do not fully match those forms, creating possible amendment and timing issues for taxpayers and the department if the legislature adopts a different policy. Members also discussed the difficulty of forecasting revenues amid volatile monthly collections and uncertainty over how much of the current revenue strength will persist in the second half of the fiscal year.
Danny Court of Elliott Pollack gave a broader national and state economic outlook, arguing that the U.S. has avoided recession despite several warning indicators, largely because of AI and data center investment, while employment growth has softened and inflation remains above the Fed’s target. He said Arizona remains relatively resilient, with strong population and job pipelines, but faces housing affordability constraints, slowing employment growth, and a more concentrated population forecast in the Phoenix area. Panelists generally agreed that Arizona remains in better shape than many states, though they cautioned that job growth is slowing, population estimates may be revised, and budget and revenue forecasts should be treated carefully given uncertainty in the data. No votes or formal actions were taken.
AZ
Arizona 2026 Regular Session
01/14/2026 - Senate Finance and House Ways & Means Joint Committee
Transcript Highlights:
- income, but seniors are going back to work.
- , but the child and dependent care tax credit does phase out at higher income levels at the federal level
- level.
- of income.
- So if they're already paying zero income tax on the federal level, they're not going to get any benefit
Summary:
The joint House Ways and Means and Senate Finance committees met to hear identical Arizona tax conformity bills, HB 2153 and SB 1106, which would conform state tax law to the federal Internal Revenue Code as of Jan. 1, 2026, with some provisions applied retroactively to tax year 2025. Staff explained that the bills exclude the federal senior deduction for those 65 and older, the higher state and local tax deduction, and the new car loan interest deduction, while including a $6,000 retirement-income deduction for taxpayers 60 and older, a $6,000 Roth IRA contribution deduction, a higher dependent tax credit, and a deduction for child and dependent care expenses above the federal credit. The JLBC fiscal note estimated a $441.3 million general fund revenue loss in FY 2026, and members discussed that this was roughly the same as full conformity because the bill’s adjustments offset some of the federal changes.
Bill sponsors and supporters argued the measure should be enacted early to give taxpayers and tax preparers certainty before filing season, noting that the Department of Revenue had already issued forms assuming conformity and that delay could force amended returns. They said the bill reflects a negotiated package that preserves most of the federal tax relief while tailoring it for Arizona, especially by lowering the senior deduction age to 60 and replacing the auto loan deduction with family-focused provisions such as the higher child credit and child care deduction. The Arizona Society of CPAs and the Arizona Free Enterprise Club supported the bills, emphasizing the need for early conformity and fewer filing complications.
Opponents, including Save Our Schools Arizona, the Arizona Center for Economic Progress, Opportunity Arizona, and several individuals, argued the package would reduce state revenue, worsen the structural deficit, and mainly benefit higher-income taxpayers and corporations. Some witnesses criticized the inclusion of federal school-choice-related provisions and warned about uncertainty around future federal guidance, while others said the bill should not move ahead before the budget process. Members also debated whether taxpayers would need to file amended returns if the state later diverged from the Department of Revenue forms, and whether the senior and child care provisions were targeted or equitable. The transcript ends during public testimony, with no final committee vote or action shown.
NM
Transcript Highlights:
- Why the Family Income Index?
- What levels are used for extremely low income or very low income? Are those a similar rate?
- That would bring Level 1 licenses to $55,000, Level 2. licenses to $65,000 and Level 3 licenses to $75,000
- Do counselors start with a Level 3 license, or do we have Level 1 and Level 2 licenses?
- In this case, a Level 3 counselor's salary is tied to a Level 3 teaching salary.
Committee:
House House Education
MN
Transcript Highlights:
- </c> income to be excluded from gross income income to be excluded from gross income and<00:10:19.519
- </c> gross income or federal taxable income. gross income or federal taxable income.
- . income. income.
- This relates to subpart F income, and it excludes non-U.S. business income from subpart F income under
- So it's intended to be revenue neutral at the state level. individual income tax that they pay on individual
Committee:
House Taxes
Keywords:
January 6 insurrection, pardon, law enforcement, violent crimes, public safety, justice system, political accountability, Blaine, local sales tax, special tax, restaurant tax, lodging tax, admissions tax, amusement tax, hotel tax, redevelopment, capital improvements, municipal finance, bonding authority, tourism tax
NH
New Hampshire 2025 Regular Session
House Ways and Means (01/14/2025)
Transcript Highlights:
- </c><00:47:54.160><c> I</c> levels inflation but the price levels I levels inflation but the price levels
- </c> the level of it looks good if the level the level of it looks good if the level is<00:57:58.680>
- About 98,000 Granite Staters have poverty-level incomes, and poverty may be rising among older adults
- About 98,000 Granite Staters have poverty-level incomes, and poverty may be rising among older adults
- About 98,000 Granite Staters have poverty-level incomes, and poverty may be rising among older adults
Summary:
The meeting was a Ways and Means briefing opened by the vice chair, who introduced Jason Wong of the Federal Home Loan Bank of Boston to discuss the national and regional economy. Wong focused on inflation, asking why it had fallen from about 9% in 2022 to the 2%–3% range, and what that meant for monetary policy and the risk of an economic downturn. He said the Fed’s target is 2%, noted that recent PCE inflation was about 2.4% and core PCE about 2.7%, and described the ongoing debate over whether interest rates should stay tight or be lowered further to protect the labor market.
Wong explained that the improvement in inflation has been driven largely by goods prices, especially durable goods such as cars, appliances, and furniture, as well as non-durable goods like food. He said supply-chain disruptions during the pandemic caused major price spikes in 2022, but those pressures have eased and many goods prices are now at or below the Fed’s target. He also referenced the New York Fed’s Global Supply Chain Pressure Index, saying it showed extreme pandemic-era disruptions that have since receded.
The main remaining inflation problem, he said, is in services, especially housing. Wong broke services into rent of shelter and all other services, explaining that shelter is a large share of household budgets and that housing inflation has a lag because rent measures often reflect older lease terms rather than current market rents. He said monthly Zillow data suggest market rents have cooled and may eventually feed through to official inflation measures. Members asked several questions about the chart’s time scale, the treatment of real estate, property taxes, and utilities, and Wong clarified that housing costs are counted in services and that the slides would be shared digitally. No votes or formal actions were taken.
MO
Missouri 2026 Regular Session
Commerce Mar 4th, 2026
Commerce, Consumer Protection, Energy and the Environment
Transcript Highlights:
- I think regular Missourians understand that eliminating income tax is... ...that eliminating income tax
- income tax is reduced to 1.4%.
- Tennessee hasn't had an income tax.
- You know, I always have this hesitancy, either at the state level or the county level, about too much
- national level, right?
Summary:
The committee first met in executive session on House Joint Resolution 173 and 174, which would put a tax-reform proposal before voters. Members debated a failed amendment to change the ballot language, with supporters saying it would more honestly describe the measure as a tax replacement that could expand sales taxes, and opponents saying it would be misleading and overly restrictive. The committee then adopted a House committee substitute that clarified the proposal, including a phased reduction in the individual income tax tied to revenue growth, and voted the substitute do pass by a 7-3 roll call.
The committee next took up House Bills 321 and 2531 under a new committee substitute. The substitute made a series of technical and policy changes involving redevelopment, tax increment financing, public safety funding, Missouri Opportunity Zones, baseline revenue calculations, and local property tax diversion, including reducing one diversion requirement from 50% to 25%. Members and the sponsor described the changes as clarifying agency roles and addressing constitutional and administrative concerns. The committee adopted the substitute and then voted the combined bill do pass by a 9-0-1 vote.
In public hearing, House Bill 3230 by Rep. Hardwick would bar cities and counties from outright banning modular or qualified manufactured homes in areas where single-family homes are allowed, while still allowing reasonable safety, zoning, and compatibility standards. The sponsor and supporters from the Missouri Manufactured Housing Association argued the bill would expand affordable housing and prevent discriminatory local restrictions; the Missouri Municipal League said it supported the goal but wanted more work on language to preserve local flexibility. The committee also heard House Bill 2888 by Rep. Deal, which would limit standalone medical-monitoring claims without present physical injury. The sponsor and a civil justice coalition supporter said the bill would align Missouri law with court precedent and require an actual injury, while opponents and affected residents argued it would block needed monitoring for exposure to PFAS and other contaminants and could leave exposed communities without a remedy.
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Appropriations and Revenue (8-20-25)
Transcript Highlights:
- So we've been able to pull in, and we have estimated, you know, a high level of interest income.
- </c> high level of interest income. high level of interest income.
- what the income was from investment income?
- </c><00:25:44.960><c> I'm</c> income? I know you referenced it. I'm income?
- </c> interest income for the general fund. interest income for the general fund.
Keywords:
Meeting Start 00:00:00
FY 2025 Budget Close Out 00:02:55
Impressions of H.R. – 119th Congress 00:28:15
SNAP Payment Error Rates 00:37:05, 958, all
Summary:
The committee first established a quorum, approved the July minutes, and recognized Jennifer Hayes of the Department of State Budget Director for her retirement and long service. Secretary Hicks then presented a review of fiscal year 2025 closeout for the general fund and road fund, explaining that the general fund ended with a $313 million surplus and the road fund with a $61 million surplus. He attributed the general fund result to strong corporate income and LLC tax receipts, investment income, and lower-than-budgeted spending, while noting that individual income tax and sales tax underperformed estimates. He also described how the general fund surplus was allocated, with $62 million used for necessary government expenses and $251 million deposited into the budget reserve trust fund, which remained at historically strong levels. For the road fund, he said the surplus would be deposited into the Department of Highways construction account, and he highlighted record motor vehicle usage tax receipts despite lower motor fuels tax revenue due to a rate decline.
Members asked questions about the pass-through entity tax, delayed filing deadlines, THC beverage sales, and income tax collection from undocumented workers. Hicks said the pass-through entity tax remains difficult to model because of timing issues and the first year’s unusual filing pattern, and that staff are still working with the Department of Revenue and other states to improve forecasting. He said the delayed filing deadline likely would not require a major restatement and that any related receipts would still be counted in fiscal 2026. On THC beverages, he said the issue would be considered in the next forecasting cycle. On the undocumented-worker question, he said withholding may capture some of the revenue but referred broader collection efforts to the Department of Revenue.
The committee then shifted to an overview of the federal reconciliation act’s potential impact on the next biennial budget, with Hicks and Commissioner Lisa Dennis focusing on Medicaid and SNAP. Hicks said the Congressional Budget Office estimated roughly $900 billion in federal savings over 10 years, driven in part by work or community engagement requirements for the Medicaid expansion population and limits on state-directed payments. He emphasized that CMS still must issue regulations to define how the state-directed payment reductions will be calculated, making the exact fiscal impact uncertain. He referred members to a prior Medicaid Oversight Advisory Board presentation for more detail, and the discussion remained informational with no votes or formal actions taken on the federal changes.