Video & Transcript Research : 'refundable exemption'

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OK

Oklahoma 2026 Regular Session

Senate Legislative Session May 5th, 2026 at 09:30 am

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • Title 36 is now exempt, and title 36 had to do with insurance code and regulations for premium rates,
  • Why was this exempt from title 36? Thank you for the question.
  • And being that it is specifically exempted, though, and I heard you preface it as a warranty.
  • What's being guaranteed here if we are exempting it from some regulations that had been in place.
  • Members, House Bill 3986 expands eligibility for the 24-month growth production tax exemption with that
HI

Hawaii 2026 Regular Session

House Chamber - Fri Mar 6, 2026, 12:00PM HST - Day 24

Hawaii House Floor Meeting

Transcript Highlights:
  • And I would say today, the industry that was given that exemption in the 1970s is a much different playing
  • that was would say today, the industry that was given<01:22:53.760> that<01:22:54.000> exemption
  • the<01:22:54.719> 1970s<01:22:55.440> is<01:22:55.600> a given that exemption
  • in the 1970s is a given that exemption in the 1970s is a much<01:22:56.000> different<01:22:56.800
NM

New Mexico 2025 Regular Session

IC - New Mexico Finance Authority Oversight Jul 10th, 2025

New Mexico Finance Authority Oversight Committee

Transcript Highlights:
  • We make loans from that, and then we replenish the fund by issuing tax-exempt bonds in the municipal
  • from School of Dreams Academy, and I believe you'll hear from them today, and Tierra Indentro to refund
  • over time, they do move over and switch it to an LPA. ...which is when the NMFA could step in and refund
  • the scoring, maybe there just needs to be some variance, possibly a variance right where we have exemptions
  • whereas the New Mexico Finance Authority, if we're able to refinance them, would likely offer tax-exempt
NM

New Mexico 2025 Regular Session

IC - New Mexico Finance Authority Oversight Aug 11th, 2025

New Mexico Finance Authority Oversight Committee

Transcript Highlights:
  • So if I'm a purchaser, you know, why issue tax-exempt debt?
  • With tax-exempt debt, that is not the case.
  • I think it's over $400 billion is the value of that tax exemption.
  • We did a refunding for the D.O.T. last year.
  • Sometimes we have special tax counsel for complicated tax-exempt deals.
TX

Texas 89th 2nd C.S.

Trade, Workforce & Economic Development Apr 2nd, 2025

Trade, Workforce & Economic Development

Transcript Highlights:
  • House Bill 3466 eliminates that overlap by exempting cancelable services from the old statute without
  • I just want to make a note: this bill does not change any of the disclosure requirements or refund and
  • Texas has already recognized that the sale of insurance should be exempted from this law, and HB 3466
  • I respectfully oppose House Bill 3466, as it adds new exemptions to the three-day right to cancel for
  • If we exempt Chapter 1304 businesses and other in-licensed sales, If we exempt Chapter 1304 businesses
Bills: HB112, HB199, HCR9
Summary: The Committee on Trade, Workforce and Economic Development met with a quorum and moved quickly through a long agenda, hearing testimony and taking recorded votes on several bills. Early in the meeting, HB 2214 was laid out to exempt certain short-term residential leases and leaseback arrangements from flood-disclosure requirements; Texas Realtors supported the change, and the bill was left pending. The committee then voted out a series of pending measures, including HB 46, HB 186 (with a committee substitute), HB 431, HB 1147, HB 1154, HB 2468, HB 2488, HB 2788 (with a substitute), HB 2791 (with a substitute), HB 3260, and HCR 90, all reported favorably to the full House, with HB 1147 receiving two nays and the others passing unanimously or nearly so. A major portion of the hearing focused on HB 112, which would create a Texas Science Park district and commission to support advanced manufacturing and innovation sites. The bill’s author and supporters, including Samsung Austin Semiconductor, the Texas Association of Business, and the Governor’s economic development office, argued it would strengthen supply chains, attract investment, and support national security and workforce development. Testimony described interest from semiconductor and advanced manufacturing companies and referenced the model of foreign science parks such as Sinshu in Taiwan. HB 112 was left pending after testimony. The committee also heard HB 3698 and HB 3699, both related to unemployment insurance administration. HB 3698 would expand eligibility for the Reemployment Services and Eligibility Assessment program using federal funds, while HB 3699 would tighten the definition of “last work” to help the Texas Workforce Commission investigate UI fraud. Both bills were discussed with TWC resource witnesses and left pending after the committee withdrew the substitutes. HB 1349, which would extend HOA transparency and property-rights provisions to condominiums and refine HOA rules, and HB 621, which would require HOA meeting spaces to be available for residents to reserve for qualified political candidates or elected officials, were also heard and left pending. Finally, the committee heard HCR 9 to designate the first Saturday of each month as Small Business Saturday, HB 199 to index unemployment benefit duration to the state unemployment rate, and HB 3466 to exempt certain cancelable service contracts from Texas’s in-home sales cooling-off law; each drew supportive and opposing testimony and was left pending before adjournment.
MN

Minnesota 2025-2026 Regular Session

Banning cryptocurrency kiosks 2/26/26

Minnesota House Floor Meeting

Transcript Highlights:
  • fee refund.
  • > refund.
  • and wants a refund.
  • and wants a refund.
  • and wants a refund.
Keywords: 1183, house
Summary: The committee heard House File 3642, as amended by the DE1, which would prohibit virtual currency kiosks in Minnesota. The author, Chair Kaggel, said the bill is intended to stop scammers from using crypto kiosks to defraud vulnerable people, especially older adults, because the transactions are often irreversible and hard to trace. Representative Perryman spoke in support, describing local fraud cases and saying the issue had come to her attention through St. Cloud residents and police. The bill was laid over for further work with the Department of Commerce and other interested members. Testimony from law enforcement and advocates strongly supported the ban. A St. Cloud police sergeant said the problem is statewide and described a case in which a 78-year-old woman lost $80,000 after being directed to a kiosk. A Woodbury detective said current safeguards, including warnings, limits, and refund provisions, have not stopped weekly victimization and that scammers coach victims to bypass protections. An AARP Minnesota volunteer said kiosks are a preferred vehicle for scammers because they move stolen funds quickly and are especially harmful to older adults, and he noted that the 2024 consumer protections have not been enough. The Department of Commerce also supported the bill, saying crypto kiosks are a growing fraud vector and citing 120 complaints over three years, nearly $1 million in reported losses, and 70 cases with $540,000 in losses already in 2025. The department said many victims do not report losses, so the true amount is likely higher. In contrast, Coinflip’s general counsel opposed a ban and argued that fraud should be addressed through stronger regulation, refunds, blockchain analytics, and customer-service requirements rather than prohibiting a legal product. He said scams would continue through other channels if kiosks were banned. In discussion, members asked about the number of kiosks, how long they have been operating in Minnesota, and the scale of losses; the department said there are about 350 licensed kiosks operated by 8 to 10 operators, though the total number may be higher.
TX

Texas 89th 2nd C.S.

89th Legislative Session Apr 25th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • HB 255 by Guillen relating to definitions of certain terms for purposes of the exemption from ad valorem
  • Clerk: HB 745 by Vasut, relating to the exemption from jury service for certain crime victims of close
  • Vasut: very narrow situation to be exempt from jury duty.
  • Ashby: tuition exemption for fire science courses that we offer our paid firefighters.
  • Craddick: of fees and refunds under Chapter 1006 of the Transportation Code.
MN

Minnesota 2025 1st Special Session

Committee on Taxes - 04/09/25

Taxes

Transcript Highlights:
  • , it risks sweeping in local exemptions, it risks sweeping in local broadcasters<00:23:42.720> who
  • We have a tax code, and if we exempt new industries because they're operating online or they're doing
  • We have a tax code, and if we exempt new industries because they're operating online or they're doing
  • We have a tax code, and if we exempt new industries because they're operating online or they're doing
  • pending the outcome of the lit refund pending the outcome of the lit the<01:25:57.520> litigation
Keywords: 1187, senate, all
KY
Transcript Highlights:
  • So there is no, you know, they didn't, OB3 did not make tips or overtime exempt from tax.
  • make tips or overtime exempt from tax. make tips or overtime exempt from tax.
  • This is a non-refundable credit, meaning you have to owe some tax to get it back.
  • This is a non-refundable liability.
  • This is a non-refundable credit,<00:28:40.480> meaning<00:28:40.720> you<00:28:40.880><
Summary: The committee first approved the minutes and heard a brief member introduction before taking up an overview of major tax provisions in HR1, referred to by the presenters as the One Big Beautiful Bill Act. Representatives from the Kentucky Society of CPAs explained new federal deductions for tips, overtime, and car loan interest; a new tax-favored “Trump account” for children; expanded bonus depreciation and Section 179 expensing for businesses; changes to R&D expensing; and a new limit on wagering loss deductions. Members asked several clarifying questions about the duration of the provisions, W-2 and 1099 reporting changes, and how overtime deductions would work. The presenters emphasized that tips and overtime remain subject to payroll taxes and that many of the business provisions are permanent, while the individual deductions are temporary through 2028 or otherwise phased in over time. The discussion then shifted to individual and nonprofit provisions, including the increase in the state and local tax itemized deduction cap from $10,000 to $40,000 with income-based phaseouts, the temporary senior deduction, and a new deduction for car loan interest with income limits and vehicle qualifications. On charitable giving, the presenters described a permanent nonitemizer deduction, new floors for individual and corporate charitable deductions, and a new scholarship-granting organization credit that would allow donors to receive a dollar-for-dollar federal credit up to $1,700, beginning in 2027. Members focused heavily on the SGO provision, asking about state implementation, oversight, whether churches would qualify, and whether the credit could support both public and private education. The presenters said the state would need to establish the mechanism and that additional federal guidance is still pending. After the tax presentation, the committee heard from the Kentucky Chamber of Commerce on workforce issues, with a focus on child care and housing as barriers to labor force participation. Chamber representatives said they were not proposing large new government programs, but rather targeted policy recommendations for the 2026 session. They described Kentucky’s long-term decline in workforce participation since 2000, attributing much of it to demographic change, an aging population, and fewer younger workers entering the labor force. The presentation continued into a broader discussion of workforce trends and the need for practical policy responses, but no votes or formal actions were taken on these informational items.
TX

Texas 89th Regular

89th Legislative Session Apr 28th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • From E2016 to consider House Bill 4023 by Raymond, relating to the exemption of certain police officers
  • for ad valorem taxation by a school district of the... and the exemption in the assessment requirements
  • The exemption from ad valorem taxation of farm products in the hands of the producer.
  • Exemption for 100% disabled veterans.
  • Do law enforcement officials have this same exemption? I'm not certain.
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Apr 22nd, 2026

Oklahoma Senate Floor Meeting

Summary: The Senate convened with a quorum, heard an invocation, and recognized several guests and groups in the gallery, including the Ponca City High School Poe High Steppers, the Edmond Democratic Women, family members of senators, a Grace Reform Baptist Church co-op group, and Oklahoma 4-H participants. The chamber also honored the Red Oak Lady Eagles state championship basketball team with a citation and remarks celebrating their first school basketball title and strong season. The Senate adopted Senate Concurrent Resolution 22, supporting the Lights Out Oklahoma campaign to reduce bird mortality during migration by encouraging reduced exterior lighting in peak migration months. The chamber also adopted Senate Resolution 41, proclaiming April 22, 2026, as the 27th annual 4-H Day at the Capitol, with testimony from 4-H representatives emphasizing youth leadership, civic engagement, and workforce readiness. Several bills passed, including House Bill 169 (house amendments adopted and the bill passed as an emergency measure), House Bill 2123 on the Arkansas River bridge, House Bill 2650 on summary administration estate thresholds, House Bill 3260 on funeral director continuing education approvals, House Bill 3403 on a DEQ/OSU sewage sludge pilot study, House Bill 3649 on the Mental Health Department real property trust, House Bill 3742 on criminal discovery, House Bill 3831 on a Task Force One revolving fund, House Bill 3996 on indigent defense experts in capital cases, House Bill 4321 on limits on retroactive building rule application, and House Bill 4339 on summary administration notice timing. House Bill 1047, which would have authorized a tribal sports betting framework and related revenue distributions, drew extensive debate over gambling addiction, revenue, tribal compacts, geofencing, and NIL funding, but failed 21-27; Senator Coleman gave notice of intent to reconsider. The Senate then announced an Appropriations Committee meeting and adjourned until the next scheduled session.
NV
Transcript Highlights:
  • And so that's why we made that exemption.
  • But we tried our best to ensure that if doctors come here, That's why we made that exemption.
  • His has more exemptions than what this one proposes, so there are exemptions in that bill that deal with
  • I am certainly open to making changes if that's the case, but our exemption is only specifically for
  • Not every LLC would qualify for this exemption. Some of them are created for other purposes.
MA
Transcript Highlights:
  • There is a refund, a total refund liability on the balance sheet, but it's not a restricted liability
  • And that is your typical entrance-fee CCRC with a refund.
  • But all resident refunds there were fully protected.
  • In some cases, to get the refund.
  • We asked about the average time for refunds.
Keywords: 995, all
Summary: The commission met at Brookhaven at Lexington to continue discussing continuing care retirement communities (CCRCs), with a focus on financial viability, entrance fees, refund policies, and how the industry is evolving. Speakers explained that nonprofit CCRCs have shifted away from building entirely new campuses since the 2008 financial crisis, and now more often grow through expansions, affiliations, mergers, or added home- and community-based services. They also noted that many newer CCRCs, especially nationwide, are being built without on-campus skilled nursing, relying instead on assisted living, memory care, or off-site arrangements, and that zoning and local approval can affect expansion plans. A substantial portion of the discussion centered on financial health and consumer protection. Panelists said the most important indicators of a strong CCRC are high occupancy, strong liquidity, and reinvestment in the property, with low occupancy and declining days cash on hand cited as warning signs. They described how actuarial reviews are used to estimate health care utilization and set pricing, and said staffing shortages are often a bigger financial pressure than resident care utilization itself. On refunds, speakers said entrance-fee refunds are generally paid when a unit is resold and the new entrance fee is received, and that resident refunds are usually protected even in bankruptcy, though residents are unsecured creditors. Massachusetts examples such as Reed’s Landing and the Groves were cited as cases where residents remained in place and refunds were ultimately protected. The group also discussed a pending disclosure bill on Beacon Hill related to entrance fees and refund transparency. LeadingAge Massachusetts said it supports clearer disclosure so residents understand refund provisions, and reported that among surveyed member CCRCs, the average time to provide an entrance-fee refund over the past two years was about 117 days. Participants emphasized the need to balance consumer protection with preserving the financial stability of the communities. The commission also reviewed upcoming dates: a virtual public hearing/listening session on June 16, the next commission meeting on June 23, and a later discussion planned on consumer rights, protections, and advertising practices. The meeting concluded with introductions of commission members and an invitation for attendees to tour the Brookhaven campus.
MN

Minnesota 2025-2026 Regular Session

Committee on State and Local Government - 04/08/25

State and Local Government

Transcript Highlights:
  • Section five is an exemption from new restrictions on terms that can be in state contracts that we'll
  • On page 25, section 17, also from 2417, this exempts a vehicle for the ombudsperson for long-term care
  • a vehicle for the this exempts a vehicle for the ombbudzman<01:44:51.360> for<01:44:51.600>
  • the exemption from certain subcontracting<01:47:09.600> requirements<01:47:10.239> for
  • <02:11:47.920> and assistance and process refunds and assistance and process refunds and payments
Keywords: 1187, senate, all
WY

Wyoming 2026 Regular Session

Joint Minerals, Business & Economic Development Committee, June 4, 2026 - PM

Minerals, Business & Economic Development

Transcript Highlights:
  • lines 20 to 21 on exemptions lines 20 to 21 on exemptions to<00:09:41.200> C.
  • They already have an exemption.
  • So, they already have already exempt. So, they already have that<00:17:59.919> exemption.
  • Now, let's just say they want to be exempted and go through this exemption.
  • :04.960> exemption.
Keywords: 916, all
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 2/26/26

Commerce Finance and Policy

Transcript Highlights:
  • fee refund.
  • were uh refund requests from customers. were uh refund requests from customers.
  • refund provision and not refunding refund provision and not refunding people<00:14:44.000> that
  • Just file a refund or what? Whatever. But cavalierly said just ask for a refund.
  • Just file a refund or what? reports? Just file a refund or what?
Bills: HF3642, HF2700, HF3615
Summary: The Commerce Finance and Policy Committee met on House File 3642, which would prohibit virtual currency kiosks in Minnesota. The bill was laid over, and the committee adopted a DE1 author’s amendment. Chair Kaggel and Representative Perryman described the measure as a response to widespread scams using crypto kiosks, especially against older adults and other vulnerable people, and said they would continue working with the Department of Commerce and other stakeholders. Testimony from law enforcement and advocates strongly supported the ban. A St. Cloud police sergeant and a Woodbury detective described cases in which victims lost large sums, said the current safeguards and refund rules are being bypassed, and argued that the kiosks are difficult to investigate because funds move quickly and often overseas. An AARP Minnesota volunteer also supported the bill, saying kiosks are a preferred tool for scammers and that existing protections have not kept pace with the problem. The Department of Commerce said it strongly supports the bill and reported that it has received 120 complaints over three years involving nearly $1 million in reported losses, with 2025 the worst year so far. The main opposition came from CoinFlip’s general counsel, who argued that the problem is fraud generally, not kiosks themselves, and said Minnesota already has consumer protections, including refunds for eligible victims. He urged stronger regulation rather than a ban, citing blockchain analytics, hold periods, and 24-hour customer service as alternatives. Committee members then asked questions about how long kiosks have operated in Minnesota, how many there are, who owns them, and the scale of losses; Commerce said there are hundreds statewide, operated by a variety of companies, and that reported losses are likely undercounts.
MN
Transcript Highlights:
  • Additionally, the bill clarifies how this refund would interact with the other property tax refunds that
  • amount of refund they received from PTR would be subtracted from the refund available under this bill
  • property tax refunds that are other property tax refunds that are available<00:01:46.280> to<
  • refund available under this bill. refund available under this bill.
  • sort of similar to how other tax refunds sort of similar to how other tax refunds at<00:02:47.000
Keywords: 1183, house
Summary: The committee took up House File 4906, adopted the H4906A1 amendment, and heard a staff explanation that the bill would create a one-time property tax refund in calendar year 2026 for residential homesteads and the house/garage/1-acre portion of agricultural homesteads. As amended, the bill would appropriate $4 billion in fiscal year 2027, distribute payments based on 2026 property tax due, include a clawback for delinquent taxpayers, and coordinate with existing property tax refund programs so recipients would not receive more than they paid in taxes. House Research also discussed a disagreement with the Department of Revenue over whether the refund would be taxable federally, with House Research suggesting it would likely be treated as a non-taxable recovery of prior taxes. Public testimony was largely opposed. Eric Bernstein of We Make Minnesota argued the proposal was too large, would create a deficit and force future service cuts, and would disproportionately benefit higher-income homeowners. Nan Madden of the Minnesota Budget Project said the bill would create a major budget hole, threaten funding for health care, food support, schools, and other services, and exclude renters and lower-income Minnesotans. Members echoed those concerns, citing impacts on public safety, rural EMS, hospitals, education funding, and equity, while noting that renters and many seniors would receive nothing. Representative Howard questioned whether the bill was a cautious use of state resources, and Representative Norris said it missed the mark for struggling renters. Chair Davids defended the concept as a way to put money back in people’s pockets and said the proposal was scalable and intended to start a discussion. Representative Wiener strongly supported the bill, saying many homeowners and farmers in his district are not wealthy and need relief from property taxes; he said the bill should be even bigger. No vote on final passage was taken in the portion of the meeting provided, and the committee moved on after testimony and member discussion.