Video & Transcript : 'tax' :

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CA

California 2025-2026 Regular Session

Assembly Revenue and Taxation Committee Jun 22nd, 2026

Revenue and Taxation

Transcript Highlights:
  • From the state income tax.
  • So I think we're the last one now to give a tax break on our state taxes to veterans.
  • So I think we're the last one now to give a tax break on our state taxes to veterans.
  • Limited tax information from CDTFA.
  • This includes creative tax and accounting gimmicks to secure various government subsidies and tax breaks
CA
Transcript Highlights:
  • 25% excise tax increase.
  • It does not decrease the existing tax. ...freeze the tax at its current rate.
  • It does not decrease the existing tax and will not reduce the revenue generated by this tax.
  • It doesn't get rid of taxes.
  • It keeps the excise tax at 15%, which is its current rate, so it doesn't reduce the tax at all.
Summary: The Assembly Revenue and Taxation Committee met with a delayed start while waiting for quorum, then heard several bills before moving to the suspense file. AB 564 by Assemblymember Haney would freeze the planned cannabis excise tax increase at 15% rather than allow it to rise to 25%; supporters argued the legal cannabis industry is struggling against the illicit market and high taxes, while opponents said the measure would reduce funding for children, youth programs, environmental restoration, and enforcement promised under Prop. 64. The bill was sent to suspense during regular order and later approved out of suspense on a 6-0 vote with amendments, including a five-year sunset and a reduced rate. AB 1265, also by Haney, would extend and expand the state historic tax credit to encourage rehabilitation of vacant historic buildings for housing and mixed-use projects; preservation and housing advocates supported it, and it was also sent to suspense rather than voted on immediately. The committee then heard AB 1377 by Assemblymember McKenna, which would require studios seeking optional diversity, equity, inclusion, and accessibility film tax credits to complete the plans they submit to the California Film Commission. Labor supporters said studios should do more than make good-faith efforts, and the bill passed 5-1 to Appropriations. AB 1416 by Vice Chair Ta would clarify disaster-related property tax deferrals for homeowners who have requested installment plans, and it passed 7-0 to the Assembly Floor. Afterward, the chair gave a general warning that the bills on suspense represented large revenue losses and emphasized the committee’s need to weigh tax expenditures against other state priorities. On the suspense file, the committee approved AB 27, AB 53, AB 97, AB 231, AB 232, AB 429, AB 613, AB 984, and AB 1485, mostly on unanimous or near-unanimous votes, while AB 547 passed 5-1. Several other bills, including AB 386, AB 389, AB 490, AB 6991, AB 814, AB 1057, AB 1219, AB 1282, AB 1354, AB 1431, AB 1435, and AB 1481, were held in committee. The meeting concluded with the committee adjourning after completing the suspense-file actions.
MO

Missouri 2026 Regular Session

Utilities -continued- Feb 4th, 2026

Transcript Highlights:
  • Especially when neighboring states impose higher taxes. Wisconsin's tax is $4,000 per megawatt.
  • go into that tax.
  • tax rate.
  • tax rate.
  • tax rate.
Summary: The House Utilities Committee resumed and then concluded a hearing on HB 2402 and HB 2816, both dealing with utility-scale solar development. The chair asked witnesses to testify for informational purposes where they supported some provisions but opposed others, and the discussion centered on setback distances, taxation, cropland conversion caps, local control, and decommissioning/oversight. Several witnesses described concerns about large solar projects encircling farms, impacts on neighbors, glare, fire risk, wetlands, and property values, while others emphasized the need for reasonable statewide standards and the importance of preserving Chapter 100 agreements and county flexibility. Testimony from landowners and advocacy groups largely urged stronger protections: higher setbacks, more local authority, lower caps on cropland conversion, and higher tax rates than the bill’s proposed $2,500 per megawatt. Some witnesses argued solar should be taxed as commercial property rather than agricultural land, while others raised constitutional concerns about changing agricultural assessment. A county commissioner described local regulations his county adopted, including road agreements, decommissioning bonds, hydraulic studies, and buffering, and said counties need clearer rules, especially where there is no zoning. Industry and utility representatives said the bills were generally workable but wanted further discussion on setbacks and tax treatment. They argued tax comparisons should account for the full package of taxes and incentives, not just nameplate taxes, and said higher taxes can raise electricity costs for customers. Ameren Missouri said most of the bill was acceptable, but cautioned about how real property would be assessed and noted its current and planned solar buildout. The committee took no vote; after hearing the final witness, the chair closed testimony on HB 2402 and HB 2816 and adjourned the committee.
WY

Wyoming 2026 Regular Session

Joint Revenue Committee, June 8, 2026 - PM

Revenue

Transcript Highlights:
  • </c> 99 of the property tax 99 of the property tax um<00:04:44.320><c> memo.
  • So, the concept is to replace property tax with a real estate transfer tax.
  • ><c> tax.
  • with that increase in sales tax.
  • with that increase in sales tax.
Committee: Joint Revenue
MN
Transcript Highlights:
  • </c> in state and local revenue tax. in state and local revenue tax.
  • </c> state tax revenue. state tax revenue.
  • There was a tax generation of $4.7 million for state and local taxes.
  • </c> principle in in taxes. principle in in taxes.
  • </c> public tax subsidy? public tax subsidy?
Summary: The committee took up House File 4949, as amended by the adopted H4949A2 and H4949A3 amendments. The bill would create a sports and events reimbursement program intended to give Minnesota a more reliable funding mechanism to compete for major sporting and entertainment events. Representative Lislegard and supporters argued that events such as the Super Bowl, NFL Draft, Final Four, World Juniors Hockey, and Olympic trials generate substantial economic activity, tax revenue, and statewide visibility, and that Minnesota has lost opportunities because it lacks a standing competitive fund. Testifiers from the Minnesota Business Partnership and Minnesota Sports and Events strongly supported the bill, describing it as a performance-based, closed-loop model that reinvests tax revenue generated by events into securing future events. Jess Graba, Cheryl Lindsey, and Dr. William Campbell emphasized community benefits beyond economics, including youth inspiration, school improvements, inclusion, and positive local engagement tied to events like the Olympic trials, the Women’s Final Four, and WWE appearances. Several testifiers cited specific figures, including roughly $71.5 million in economic impact and $4.7 million in tax revenue for World Juniors, about $74.8 million and $5.7 million for the gymnastics trials, and more than $430 million in lost economic impact from events Minnesota did not secure. Members raised concerns about the funding mechanism, especially the use of revenue that would otherwise go to the general fund or other accounts. Representative Huot said he supported bringing events to Minnesota but was uneasy about diverting general fund money and suggested stronger legislative oversight, possibly through a formal sports committee. Representative Youakim asked how the bill’s revenue capture would work and noted concerns about taking money from transportation-related accounts; staff explained that the amended bill affects seven state taxes and a fee, including motor vehicle rental taxes and the retail delivery fee, with some revenue directed to non-general fund accounts. Members also requested more information on the methodology behind the University of Minnesota Extension economic impact studies, and staff said those studies could be shared. No final vote on the bill was taken in the portion provided.
MO
Transcript Highlights:
  • Simply narrows the title down to taxes being charged on the fees of the sales tax is being charged on
  • But if you did tax evasion or tax fraud, now you're in trouble. That's the same thing.
  • So the increased tax revenue that all of these different tax So the increased tax revenue that all of
  • But your tax bill's only gone up by 30.7%. Yes. But your tax bill's only gone up by 30.000.
  • Property tax bill.
Summary: The House met after a quorum call and several members introduced job shadows, interns, and 4-H guests. Once 93 members were present, the chamber moved to House Bills for Perfection. House Bill 1707 was taken up first and amended with a title change; sponsors said it would stop the Department of Revenue from taxing credit card processing fees charged to vendors. Members described it as a small-business measure, and the bill was ordered perfected and printed as amended. The House then considered House Committee Substitute for House Bill 2819, which would authorize rounding cash sales to the nearest five cents in light of the penny’s elimination. Supporters said it would give businesses clear authority to round and avoid compliance problems or lawsuits. The substitute was adopted and the bill was ordered perfected and printed. House Committee Substitute for House Bill 2103 followed, a property-fraud and notary-fraud bill that would require warning signs in recorder offices, increase penalties for false filings and notary-related fraud, and raise fines for notary seal vendors. Supporters said it was aimed at deterring deed fraud and protecting homeowners; some members questioned whether it went far enough or whether it could burden honest notaries. The substitute was adopted and the bill was ordered perfected and printed. House Bill 1800, dealing with the Hancock Amendment inflationary growth factor for property tax assessments, drew the most debate. An amendment changed the title and another amendment lowered the cap on revenue growth from 5% to 3% when inflation exceeds that level. Supporters argued it would help taxpayers keep more of their money; opponents warned it would reduce funding for schools, fire districts, ambulance districts, libraries, and community colleges and could force more frequent ballot measures. The amendment and the bill were both adopted, and the bill was ordered perfected and printed. House Committee Substitute for House Bill 2600, which would create a clearer process for ambulance district consolidation and improve rural EMS access, was also amended to preserve county commission authority over subdistricts, allow at-large districts in some cases, require voter approval for mergers, and tighten timing and election procedures. Members said the changes would help struggling ambulance districts while keeping local control, and the substitute was adopted and ordered perfected and printed. The House then adjourned after announcements about upcoming committee meetings and events.
FL

Florida 2026 Regular Session

Community Affairs Dec 2nd, 2025

Community Affairs

Transcript Highlights:
  • I levy, whether it's local option sales tax, tourist development tax—if you think about all these taxes
  • There's local option sales tax, tourist development tax.
  • One of the things I did want to point out is that gas tax—we can't use gas tax for just anything.
  • And in this case, property taxes make up 79% of a city's general fund tax money statewide.
  • tax.
Summary: The Committee on Community Affairs convened with a quorum and took up SB 308, a bill related to the Florida Museum of Black History. The bill would establish a Florida Museum of Black History Board of Directors and direct it to work with a supporting nonprofit foundation, while also requiring the St. Johns County Board of County Commissioners to provide administrative assistance and staffing until planning, design, and engineering are complete. With no appearance forms or debate, the committee voted the bill favorably. The remainder of the meeting was an informational briefing from the Florida Association of Counties and the Florida League of Cities on local government budgeting practices. Presenters explained how counties and cities develop budgets, the legal framework governing property taxes and other revenues, the distinction between restricted and unrestricted funds, and the role of constitutional officers, public safety, debt, pensions, and capital planning. They emphasized that most local revenues are restricted by law, that general funds are the main discretionary source, and that local governments must balance annual budgets while meeting mandated service levels. The presenters also discussed how property taxes, fees, local option taxes, and state-shared revenues support local services, and they highlighted the fiscal pressures created by public safety, emergency management, infrastructure, and retirement costs. Members asked questions about the share of local revenue that is unrestricted and the implications for any proposal to eliminate property taxes. The presenters responded that only a portion of county and municipal revenue is flexible, with much of it dedicated to specific purposes by law.
NM

New Mexico 2025 Regular Session

House - Taxation and Revenue Mar 5th, 2025

House Taxation & Revenue

Transcript Highlights:
  • Most states just tax materials, so it results in a roughly double tax burden, even though our GRT rates
  • It helps to describe how we pay taxes.
  • Madam Chair, where this will help is in the taxes you end up having to... ...finance taxes when you buy
  • Other states are looking at our tax rate and saying, our tax structure, and saying, "Hey, what's going
  • So we get gross receipts tax data in the RP80 from TRD, and it is essentially all tax receipts.
TX
Transcript Highlights:
  • The state tax rebates that these cities receive are from the state hotel occupancy tax.
  • This includes the state hotel occupancy tax and state sales and use taxes from their hotels, restaurants
  • , state hotel occupancy tax, and mixed beverage taxes that exceeds the base year.
  • These projects typically allow the hotel occupancy tax, sales and use tax, and sometimes the alcohol
  • But the dollars we're talking about here are the state dollars for sales tax hotel occupancy tax that
NH

New Hampshire 2026 Regular Session

House Ways and Means (02/11/2026)

Ways and Means

Transcript Highlights:
  • than in property taxes.
  • </c> property tax bills. property tax bills.
  • </c> times more than the school tax in Ry. times more than the school tax in Ry.
  • tax his property tax &gt;&gt; every<01:17:02.800><c> quarter.
  • </c> taxes?" Mhm. taxes?" Mhm.
HI

Hawaii 2025 Regular Session

JDC Public Hearing 01-30-2025

Judiciary

Transcript Highlights:
  • Another thing to note about our current taxes, our income taxes, current taxes, our income taxes, inheritance
  • Another thing to note about our current taxes, our income taxes, current taxes, our income taxes, inheritance
  • Another thing to note about our current taxes, our income taxes, current taxes, our income taxes, inheritance
  • Another thing to note about our current taxes, our income taxes, current taxes, our income taxes, inheritance
  • Another thing to note about our current taxes, our income taxes, current taxes, our income taxes, inheritance
Committee: Senate Judiciary
Summary: The Judiciary Committee heard several bills on January 30. SB 286 and SB 287 both concerned supplemental funding for the Honolulu Department of the Prosecuting Attorney: SB 286 for the career criminal prosecution unit and SB 287 for the victim witness assistance program. Testimony from the department explained that these bills are filed each year because the Attorney General’s core budget allocation may not be sufficient, though the department said the core had recently been increased and the supplemental request might no longer be necessary. For SB 287, the department also warned of a possible federal Victims of Crime Act funding freeze that could cut about $1.88 million and severely harm victim services. Both bills drew support from county and community witnesses, and members asked about prior-year funding and why the requests were limited to fiscal 2025-26; no votes were taken in the excerpt. SB 289, from the State Ethics Commission, would create a more uniform administrative fine process under the ethics code and lobbyist law. The commission said the measure would not change substantive enforcement but would let it issue a notice and order of fine first, with the respondent able to request a hearing within 20 days, which would speed up cases that are not factually disputed. Members questioned whether the bill would deny due process or function like an automatic parking ticket, and the commission responded that respondents could still challenge the fine and that the process would apply to violations with fines under $1,000. The committee also heard SB 304, which would add 11 positions for the First Circuit Adult Client Services Branch; Judiciary testimony said probation caseloads are high, with an average of 116 cases per officer, and the added staff would help meet national supervision standards and better serve higher-risk clients. Members asked whether the positions were already in the budget and about current staffing ratios; the witness said the positions were not already funded and that the Judiciary supported the bill with amendments. The committee then heard SB 311, a proposed constitutional amendment to exclude spending money to influence elections from protected free speech. Testimony was strongly divided: supporters argued that Citizens United has distorted elections and empowered special interests, while opponents warned the language was too broad and could affect nonprofit advocacy and grassroots groups. Finally, SB 313 would impose a 1% wealth asset tax on individuals with $20 million or more in assets. The Department of Taxation said it had concerns about the bill’s ambiguity and administration and noted it would require annual valuation and likely additional resources; opponents, including family business representatives and the Tax Foundation of Hawaii, argued the tax would be difficult and costly to administer, would require sensitive business disclosures, and could force family businesses to pay from company cash. Supporters said wealthy residents should pay a fair share. The committee heard testimony and questions on these bills, but the excerpt does not show final committee votes or actions.
MO

Missouri 2026 Regular Session

Special Committee on Property Tax Reform Feb 3rd, 2026 at 12:00 pm

Special Committee on Property Tax Reform

Transcript Highlights:
  • , the proposed tax rate ceiling.
  • tax levy.
  • tax. year for not rolling back their tax levy.
  • in our tax levy.
  • property taxes down for others.” “...broaden the base of the tax and push property taxes down for others
AZ

Arizona 2026 Regular Session

02/10/2026 - House Floor Session

Arizona House Floor Meeting

Transcript Highlights:
  • Applied those Trump tax cuts to the Arizona tax code.
  • Governor Hobbs is looking to cut taxes for the middle class, cut taxes for seniors, eliminate taxes on
  • the tax year.
  • This bill includes no taxes on tips, no tax on overtime.
  • This applies the Trump tax cuts to the Arizona tax code.
MO

Missouri 2026 Regular Session

Utilities Feb 4th, 2026

Utilities

Transcript Highlights:
  • But nonetheless, the tax rate in Iowa is zero. The tax rate in Kansas is zero.
  • The tax rate in Arkansas is 20%, and the tax rate in Oklahoma is 22%.
  • But nonetheless, the tax rate in Iowa is zero. The tax rate in Kansas is zero.
  • The tax rate in Arkansas is 20%, and the tax rate in Oklahoma is 22%.
  • states impose higher taxes.
Committee: House Utilities
Summary: The committee first took up House Bill 2383, Representative Simmons’s bill addressing theft of copper and other infrastructure-related property. After a brief executive session and no further discussion, the committee voted the bill do pass by a roll call of 17 ayes, 1 no, and 1 present. The committee then heard House Bill 2711, sponsored by Representative Deal, which would lower the assessed valuation of broadband communications equipment from 33.5% to 12% for new broadband equipment placed in service after August 28, 2026, with a proposed sunset period discussed as part of a substitute. Representative Deal and several industry witnesses, including AT&T, Verizon, Missouri Cable Association, Missouri Broadband Providers Association, Missouri Chamber, and electric co-ops, argued the measure would improve Missouri’s competitiveness, encourage private investment, and help expand broadband in rural and underserved areas. Opponents, including county assessors, argued the bill would reduce local tax revenue, create unequal treatment, and could become a precedent for other industries. Committee members questioned whether the bill would apply only to new builds or also to upgrades and existing infrastructure, and whether the tax relief would actually drive expansion into rural areas. The committee then began hearing House Bills 2402 and 2816, which deal with solar energy siting and taxation. The sponsors described the bills as setting local assessment rules for solar projects, establishing a per-megawatt valuation, requiring larger setbacks from homes, schools, and churches, and limiting the amount of tillable land that can be used for solar in a county, while also addressing Chapter 100 agreements and decommissioning concerns. Supporters, including Missouri Farm Bureau and county officials, said the bills would provide needed guardrails, local control, and more consistent taxation. Opponents and affected landowners said existing solar projects have caused glare, dust, noise, and property value concerns, while some developers said they wanted clearer statewide rules and consistency for future projects. The committee did not take final action on the solar bills before going into recess.
LA
Transcript Highlights:
  • They're paying the fuel tax.
  • So that would not be paying the gas tax, or it does pay the gas tax and would not get the hybrid tax.
  • They don't have to pay any taxes anymore. a hybrid tax.
  • They didn't have to pay any of that tax. Everybody else had to pay the tax.
  • tax.
Summary: The Senate Committee on Revenue and Fiscal Affairs met on May 11, 2026, approved the April 27 minutes, and then took up several House bills. HB 618, by Rep. McMakin, would update Louisiana Economic Development fees and filing charges by indexing them to inflation and allowing some discretion to waive or reduce fees for small businesses; it was reported favorable. HB 732, by Rep. Owen, drew extensive discussion because it combined two issues: temporary OMV relief for a hospice-related ID problem and a suspension of the new hybrid vehicle road usage fee. Members and the OMV commissioner raised constitutional and drafting concerns about waiving or eliminating obligations, and the committee discussed how newer vehicle classifications blur the line between electric, hybrid, and gas-powered vehicles. The committee ultimately reported HB 732 favorable, with the understanding that amendments and further work would be needed before floor action. The committee also reported favorable on HB 217 and HB 214 by Rep. Henry, which would authorize local governments to grant property tax exemptions for the rehabilitation of blighted property and place the related constitutional amendment before voters. Testimony emphasized that the measure is permissive for local governments, applies only after a property is formally blighted and rehabilitated, and is intended to encourage redevelopment while preserving some tax revenue. Members discussed the exemption level, duration, and the need for clearer definitions of blight, but no objections were raised. HB 593, also by Rep. Henry, would raise the maximum service fee for OMV public tag agent offices statewide; the commissioner explained that many offices are locally operated and that the increase would help cover costs, and the bill was reported favorable. Later, HB 514 and HB 961, by Rep. Foreman, were reported favorable. HB 514 would allow local governments, by referendum, to provide additional property tax relief for seniors who meet income and freeze requirements, with phased age-based eligibility steps; HB 961 would extend a similar concept to certain homesteads held in trust. Members discussed the optional local nature of the program and the need to avoid overly broad rules. HB 908, by Rep. Mina, would increase certain Secretary of State business services fees to support operations and system upgrades; agency officials said the fees had not been comprehensively adjusted since 2013 and remained below regional averages, and the bill was reported favorable. The committee then heard an informational update on the capital outlay bill from the Division of Administration, including the use of bundled projects for universities and DOTD, the status of P1/P2/P5 funding, and available cash capacity. Finally, HB 1010, by Rep. Deshotel, was reported favorable after brief discussion; it would require assessors to report property tax collections to the Louisiana Tax Commission for centralized public reporting.
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Seventy One - Friday, May 15 - Afternoon Session

Missouri House Floor Meeting

Transcript Highlights:
  • A tax credit is not the same as cutting taxes.
  • The higher ethanol blend tax credits in here, biodiesel blend tax credits in here, Mo biodiesel tax credits
  • But the biggest one we list as a tax credit is not even a tax credit. It’s really a tax deduction.
  • And we also have the bank franchise tax in there. That’s not a tax credit.
  • And that’s, I mean, I get there’s certain tax credits in this bill. That’s just any tax credit.
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Feb 19th, 2026

Transcript Highlights:
  • Sales tax is moving us backwards.
  • Sales tax is moving us backwards.
  • insurer paying the premium tax and is limited to the revenue on which the premium tax was paid.
  • Businesses not directly paying the premium tax would no longer be exempt from paying the B&O tax.
  • Tax policy drives behavior.
Summary: The committee opened with a public hearing on Senate Bill 5808, a proposal to require nonprofit health carriers with “excess surplus” to pay 10% of that surplus into the state health care affordability account for Cascade Care Savings. Committee staff said the bill could generate about $330 million one time in 2027, while the Office of Insurance Commissioner would have implementation costs. Supporters argued the bill would redirect consumer premium dollars to help people afford coverage, while opponents from health plans said reserves are needed for solvency, claims, and capital needs and warned the bill would destabilize nonprofit insurers. The committee also heard testimony on House Bill 2254, which would let the Partnership Access Line assessment cover administrative costs; HCA and Seattle Children’s supported it as a technical fix that saves general fund dollars, and a child psychiatrist asked that savings be reinvested in behavioral health services. House Bill 2385, which extends deadlines for the Medicaid Access Program because of federal restrictions on new provider taxes, also drew support from provider groups seeking future Medicaid rate increases. The committee then heard Substitute Senate Bill 6286, which would increase fines on private detention facilities that deny Department of Health inspections and dedicate the fines to an account for community repair and assistance to harmed individuals and families. Supporters, including Tacoma’s mayor and family members affected by detention, framed the bill as an accountability measure; fiscal staff estimated Department of Health costs of about $395,000 in the 2025-27 biennium. Senate Bill 6006 would exempt food banks from sales tax on certain services enacted last session, with food bank and tribal representatives saying the savings would go directly to food and operations. Senate Bill 6351 would create exemptions from the new sales tax on live presentations for before- and after-school care, arts and cultural nonprofit classes, and K-12 school purchases; school districts, arts groups, and PTA representatives supported it, while asking for clarifying language and broader nonprofit exemptions. Engrossed Substitute House Bill 1717 would let cities and counties create local sales tax remittance programs for affordable housing projects, and housing builders, Habitat affiliates, counties, and city officials supported it as a local tool to lower development costs. In executive session, the committee received briefings on several tax and spending bills and then voted to advance multiple measures. It adopted a substitute and passed Senate Bill 5949, which narrows a B&O tax exemption related to insurance premiums; a proposed retroactivity-removing amendment failed. It adopted a substitute and passed Senate Bill 6129 on cigarette, tobacco, and nicotine taxes after rejecting several amendments, including proposals to study the tax policy or replace the bill with illicit-market enforcement language. The committee also passed Senate Bill 6228 repealing a preferential B&O rate for prescription drug resellers, Senate Bill 6231 repealing data center sales tax exemptions, and Second Substitute Senate Bill 5965, which retained a bag-fee approach rather than a full ban after adopting an amendment. The committee then returned to public hearing and began testimony on Senate Bill 6353, a major Working Connections Child Care bill that would keep income eligibility at 60% of state median income, lower the provider rate target from the 85th to the 75th percentile, and make other program changes; the briefing was underway when the transcript ended.
ID

Idaho 2026 Regular Session

Local Government & Taxation - 2026-03-25

Local Government and Taxation

Transcript Highlights:
  • A data center could only apply for one or the other of the sales tax incentive or the property tax incentive
  • The Tax Commission had said, well, they could probably get the tax credit for the prior year and the
  • And this makes it clear that the Tax Commission can pay those, like they do all other tax credits, out
  • The Tax Commission can pay those like they do all other tax credits out of that existing refund account
  • that exists within the Tax Commission.
MN
Transcript Highlights:
  • tax revenue and<00:16:22.240><c> lower</c><00:16:22.480><c> income</c><00:16:22.800><c> taxes</c><00
  • world there's a phrase an old tax policy world there's a phrase an old tax is<00:20:18.880><c> a</c>
  • tax.
  • To taxes that we make comments on in a silo of just what we're looking at in taxes.
  • Can they share to this tax.
Summary: The committee took up House File 3117, which would impose an excise tax on social media companies based on Minnesota monthly users and data-mining activity, and adopted an A1 amendment that added clarifying language identifying social media platforms. Chair Gomez described the bill as a way to tax companies profiting from data mining and social media use, citing concerns about child bullying, misinformation, and wealth concentration. The bill was laid over for possible inclusion in the 2025 taxes bill. Supporters testified that the measure would help raise revenue from a highly profitable industry and better align the tax code with the social costs of data collection and social media use. Pastor Julie Thompson, MAPE representative Tanner Fritzinger, Council Member Sue Bud, and Eric Bernstein of We Make Minnesota all backed the bill, arguing that social media companies extract value from users’ data, contribute to mental health and social harms, and should pay more toward public needs. Bernstein also framed the tax as a way to broaden the tax base and fund schools and other services. Opponents warned that the bill could sweep in local broadcasters, newspapers, and other businesses that use digital platforms and collect some user data, and that costs would likely be passed on to consumers. Wendy Pollson of the Minnesota Broadcasters Association said the definitions were too broad and could unintentionally include local media. Deb Peters, speaking for Americans for Digital Opportunity, argued the tax would raise costs for small businesses and consumers, create legal risks, and amount to double taxation. Several members echoed concerns about regressivity, administration, and whether the bill actually addresses online bullying or data privacy, while supporters said it is a first step toward taxing a new, lightly taxed industry.
KY

Kentucky 2026 Regular Session

House Standing Committee on Appropriations and Revenue (3-10-26) - Reupload

Appropriations & Revenue

Transcript Highlights:
  • ,</c> excise tax with an added sales tax, excise tax with an added sales tax, the<01:06:24.640><c> actual
  • tax versus regulatory license fee tax.
  • Sales tax versus excise tax about.
  • </c> tax expenditures. tax expenditures.
  • </c><01:36:30.960><c> Uh</c> tax law. Uh tax law.