Video & Transcript Research : 'Internal Revenue Code'

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TX

Texas 89th Regular

Ways & Means Mar 3rd, 2025

Ways & Means

Transcript Highlights:
  • for property tax revenue because you're using general revenue, which is mostly sales tax, to fund the
  • The no new revenue calculation or no new revenue tax rate calculation takes that into account.
  • My only concern is the loss of revenue and like the. source witness stated the loss of revenue to my
  • The no new revenue rate has, you know...
  • But the state is not providing any revenue to cities or to counties. for the lost revenue from the BPP
Bills: HB8, HB9, HJR1, HB22, HB8, HB9, HJR1, HB22
TX
Transcript Highlights:
  • This clarification law is consistent with the current tax code.
  • And so that'll be a source of revenue that.
  • Statement no longer it is a potential source of revenue for teachers what they would we would not have
  • So whether that is the health and safety code related to mental health supports or whatever that is,
  • This section of the code requires judges is to consider several factors when setting bail amounts and
Bills: SB260, SB263, SB293, SJR18
TX
Transcript Highlights:
  • "Instruments" as defined by section 209.002 of the property code.
  • definition of federal waters with the state definition from Section 11.011 of the Natural Resources Code
  • The only breeders willing to supply to pet stores are those who ignore their own ethical codes.
  • Recall that the opening section of Chapter 552 of the Government Code states in part that the people,
  • So, the ROI is kind of determined on the front end; sales revenues pay it out.
WY

Wyoming 2026 Regular Session

Senate Agriculture, State and Public Lands & Water Resources, February 10, 2026

Agriculture, State and Public Lands & Water Resources

Transcript Highlights:
  • <00:09:36.080> that's capacity to generate the revenue that's capacity to generate the revenue
  • that we use to financing of of revenue that we use to help<00:19:22.400> the<00:19:22.720>
  • So, how do we generate the revenue?
  • Chairman, I also would like to note that we have done our own internal studies, but they also need the
  • that we have done our own internal that we have done our own internal studies,<00:34:03.279>
WY

Wyoming 2026 Regular Session

House Agriculture, State and Public Lands & Water Resources, February 10, 2026

Agriculture, State and Public Lands & Water Resources

Transcript Highlights:
  • Gray compiled a large report of findings and a recommendation concerning violation of the election code
  • concerning uh violation of<01:07:13.520> the<01:07:13.680> election<01:07:14.079> code
  • /c><01:07:14.960> also<01:07:15.760> uh<01:07:15.920> hitting of the election code
  • , alleged violation of the election code, alleged violation of the election code, the<01:08:50.880
  • code violation. code violation.
TX

Texas 89th Regular

Education K-16 (Part II) May 8th, 2025

Education K-16

Transcript Highlights:
  • We did verify Government Code 21.02 allows fines and jail time for JPs and other courts.
  • standards by ensuring all officers remain fully licensed and trained in accordance with the occupational code
Bills: HB6, HB120, HB210
TX

Texas 89th Regular

Ways & Means Mar 17th, 2025

Ways & Means

Transcript Highlights:
  • loss from general revenue fund, I'm going to do 2026 here, uh, general revenue fund, which is to the
  • Go to the tax code section where it's defined, so we're looking at this is in tax code section 2351 as
  • The tax code? The government code? The government code? Hey, it's a state law.
  • It's in the local government code.
  • The tax code allows cities to use lawful sources of revenue, one of which is local sales tax, to do what
TX

Texas 89th Regular

Ways & Means May 5th, 2025

Ways & Means

Transcript Highlights:
  • You're going to use either the delimited field code or the JSON code.
  • Pick just one of the two most prevailing codes.
  • , and every vendor can still have their code.
  • is going to decide whether to use delimited field code or the JSON code.
  • Current disabled veterans' real property tax code affects the cost of taxes.
TX
Transcript Highlights:
  • You did not consider the revenue side of severance taxes that are attached to that bill.
  • It's per barrel we get severance tax revenue.
  • That revenue side of the $20 million into our exclusion was not matched up.
  • I will have to ask our revenue.
  • If you have increased production, you're bringing in sales tax severance tax revenue.
TX

Texas 89th Regular

Transportation (Part II) Apr 9th, 2025

Transportation

Transcript Highlights:
  • Last year, over a half billion dollars of excess revenues.
  • However, as I read the statute, this is direct to general revenue.
  • in order to maximize toll revenue diversions into their budget.
  • The annual surplus revenue for HCTRA is nowhere near $600 million.
  • Did you bring us any surplus revenue? Yeah, surplus revenue.
Summary: The Senate Transportation Committee reconvened on SB 2722, as substituted by Senator Bettencourt, which would redirect a portion of Harris County Toll Road Authority surplus revenues to the City of Houston and impose audit and tax-rate penalty provisions. Houston Police Chief Noe Diaz and Fire Chief Thomas Munoz testified in support, arguing that Houston bears a large share of toll-road public safety burdens, citing thousands of police and fire responses on toll-road property and the need for compensation for emergency services. Bill King, testifying neutrally, said the toll authority generates large excess revenues and urged stronger oversight and clearer controls on how the money is spent. Opponents, including Harris County officials, business and neighborhood representatives, and toll-road critics, argued the bill would divert transportation dollars, create a precedent for taking toll revenues for general municipal use, and could worsen project delivery and incentives; several also questioned the accuracy and interpretation of the revenue figures and the lack of comparable audit requirements for the city. The committee took extensive testimony but left SB 2722 pending without a vote. The committee then heard SB 2129, which would increase fines for motorists who disregard railroad crossing gates or flaggers, and SB 2323, which would redact railroad crew members’ personal information from public accident reports. Both bills were presented as safety measures, with railroad labor testimony in support, and both were left pending after brief public testimony. The committee also heard SB 2141, a Zaffirini bill concerning specialty license plates for judges, with the substitute aimed at reducing security risks by changing how judges are identified on plates; it too was left pending. Finally, the committee heard SB 2439, another Zaffirini bill, described as a TDLR cleanup measure related to ATV and off-highway vehicle safety certification. The bill would abolish the current training and certification program, which supporters said was burdensome and underused given the small number of approved instructors statewide. With no significant opposition on the record, the committee closed testimony and left SB 2439 pending as well.
TX

Texas 89th Regular

Public Health Mar 10th, 2025

Public Health

Transcript Highlights:
  • This is a one-time transfer of three billion dollars of general Revenue to the controller for the fund
  • had that got him in trouble actually turned out to be an exception. grant and the state receives revenue
  • But let's be clear, in secret we spent $6 billion, we have $11 million in revenue. Royalties, okay?
  • The benefit to the state is $16.5 billion and $7.1 billion in local tax revenue. revenue since the time
  • The state over collects revenue. and then it seems to look for places to plant it.
Bills: HB5, HJR3, HB155, HB513, HB5, HB155
TX
Transcript Highlights:
  • One is the no-new-revenue rate, which is how much... ...revenue do you collect?
  • Zip code 78253, which is about 40% in Medina County, was recently ranked as the third-hottest zip code
  • no new revenue rate.
  • 12 million in revenue.
  • Property taxes are 48% of our general revenue. Revenue sales tax is 27. Yes, it's a big chunk.
Bills: SB9, SB 9
TX

Texas 89th Regular

Local Government (Part I) May 5th, 2025

Local Government

Transcript Highlights:
  • This term has caused some confusion in code because the work a first responder does is inherently not
  • But they’ve been really good at working around the no-new-revenue rate recently.
  • And finally, it's a targeted exemption approach when it comes to the revenue reduction.
  • And finally, it's a targeted exemption approach when it comes to the revenue reduction.
  • It eases the concern that the revenue will reduce significantly within a short amount of time.
Summary: The Senate Committee on Local Government heard several bills, most of them left pending after brief public testimony. House Bill 331, by Rep. Patterson and sponsored by Sen. Hinojosa, would create a presumption that firefighters, police officers, and EMTs who suffer a heart attack or stroke within eight hours after a strenuous shift were injured in the line of duty for workers’ compensation purposes; testimony from a firefighters’ association supported the bill, and it was left pending. Senate Bill 2655, by Sen. Flores, would authorize Burnet County to establish a local provider participation fund to help support local hospital services; a hospital administrator testified in support, and the committee substitute was left pending. Senate Bill 1443, by Sen. Hughes, would extend the Northeast Healthcare Provider Participation District in three counties, and House Bill 3307, by Rep. Noble, would allow property tax arbitrators to complete required continuing education online; both were left pending without opposition. Senate Bill 3048, by Sen. Birdwell, would create the Bluebonnet Hills Municipal Management District in Midlothian and was also left pending. The committee then took up House Bill 9 and HJR 1, sponsored by Sen. Bettencourt, which would raise the business personal property tax exemption from $2,500 to $125,000 and place the constitutional amendment on the November 4, 2025 ballot. Business groups, realtors, and taxpayers’ advocates testified in strong support, saying the change would provide meaningful relief to small businesses and help balance earlier homeowner tax relief. The City of Fort Worth testified in opposition, warning of a revenue shift to homeowners and budget impacts, but the committee adopted the committee substitutes and reported both measures to the full Senate on 6-0 votes. The committee also heard House Bill 1399 and HJR 99, by Sen. Nichols, to exempt animal feed from property tax when it is already sales-tax exempt; no one testified against them, and both were left pending. Senate Bill 2553, by Sen. West, would let owners of historic archaeological sites protest land and structure appraisals separately, and it was left pending after supportive testimony. Senate Bill 2907 and SJR 78, also by Sen. West, would exempt certain perishable inventory, including food and some prescription drugs, from property tax if approved by voters; pharmacists, business groups, a researcher, and a coalition of retailers and food/medicine advocates supported the bill, and it was left pending. Finally, Senate Bill 1331, by Sen. Hancock and explained by Sen. Middleton, would lower the population threshold for certain municipal civil-service-related petition restrictions from 950,000 to 70,000; law enforcement representatives and a San Marcos police association supported it, and it was left pending. The committee then recessed until 15 to 30 minutes after adjournment.
TX

Texas 89th Regular

Local Government (Part II) May 5th, 2025

Local Government

Transcript Highlights:
  • The committee substitute simply moves the language for this from Occupations Code 1201.164 to 1201.162
  • These are two distinct revenue streams for district purposes, one subject to annual appropriation and
  • And the kind of things that are slipping around the code are not telling the truth.
  • In other words, you can't go over 3.5% over the new revenue rate without having an election.
  • With Senate Bill 2 in 2019, that allows for a 3.5% revenue increase without voter approval.
Summary: The Committee on Local Government heard a series of local bills and public testimony focused on hospital districts, municipal management districts, local provider participation funds, manufactured housing, transit financing, development moratoriums, and property tax procedures. Early items included House Bill 467, which would help dissolve the defunct Maybank Kemp Hospital District and establish an Andrew Gibbs Memorial Nursing Endowment, and Senate Bill 3063, creating the Bio Bell Municipal Management District in Liberty County; both drew no public opposition and were left pending subject to call. The committee also heard House Bill 1327, extending the Harris County local provider participation fund through 2027, and Senate Bill 1375, extending Collin County’s LPPF authority, both presented as mechanisms to draw federal Medicaid matching funds for hospitals. A major portion of the meeting centered on Senate Bill 2764, which would require earlier notice to buyers of manufactured homes about how to convert a home from personal property to real property. Senator Cook described the bill as a consumer-information measure tied to displacement concerns at a mobile home park in her district, and a resident testified in support, saying the notice would help families make informed decisions. The committee also discussed Senate Bill 2519, a bill by Senator Bettencourt aimed at preventing local governments from shifting maintenance-and-operations tax revenue into debt-like uses and from changing the purpose of tax rate elections after voters approve them. Supporters argued it would protect taxpayers and preserve the separation between M&O and debt service, while opponents tied the bill to Austin’s Project Connect transit financing and warned it would disrupt an approved project and invite litigation. The committee heard and left pending several other bills, including House Bill 1244 on agricultural land ownership changes without reapplying for an ag exemption, House Bill 2559 on development moratoriums, and Senate Bill 2063 on unequal appraisal protests. Testimony on House Bill 2559 came from developers and builders who said moratoriums in Conroe had delayed projects and harmed buyers, while supporters of the bill said it would impose clearer limits and notice requirements. On Senate Bill 2063, the sponsor explained a committee substitute narrowing how market value evidence may be used in unequal appraisal appeals. The committee also considered multiple local district bills, including new MUDs and management districts in Montgomery, Denton, Fannin, Travis, Hays, and Williamson counties. At the end of the meeting, the committee took up pending business and voted out several measures, including House Bill 1244, House Bill 2559, House Bill 467, House Bill 1327, House Bill 1399, House Bill 2723, House Bill 2730, House Bill 3307, House Joint Resolution 99, and multiple district bills such as Senate Bills 3037, 3043, 3047, 3048, 3050, 3052, 3053, 3056, 3057, 3063, and others. Most were reported favorably, often with committee substitutes, and many were recommended for the local and uncontested calendar. Several bills, including the transit-related SB 2519 and the manufactured housing bill SB 2764, remained pending subject to call after testimony closed.