Transcript Highlights:

• So currently, it's already a tax-exempt transaction.
• ... ...and amended the sale and sales tax.
• The second section is for the rental and lease tax.
• your receipts, you will be eligible for a tax credit.
• income tax.

Bills: HB61, HB327, HB253, HB297

Keywords: home school, career and technical education, public schools, K-12 education, enrollment policy, parental leave, state employees, adoption, employee benefits, aircraft tax, aviation tax, sales tax exemption, use tax exemption, lease tax, rental tax, commercial aircraft, air carrier, airline, aircraft parts, maintenance

Transcript Highlights:

• For a tax bill.
• in property taxes. ...our charitable tax exemption and will cost us nearly $1 million in property taxes
• In the earlier theme, taxes are fees, and fees are taxes, and some taxes are user fees.
• tax base.
• tax rate to allow the taxing unit to collect additional revenue equal to the taxing unit's required

Bills: SB467, SB325, SB867, SB994, SB1052, SB1237, SB1449, SB1531, SB2063, SB2172, SB2173, SB2520, SB2529, SB2538, SB2541, SJR46, SJR84

Keywords: SB 467, Texas property tax, ad valorem tax, homestead exemption, residence homestead, fire damage, house fire, destroyed home, temporary tax relief, appraisal district, chief appraiser, local taxing unit, tax rollback, tax refund, Tax Code Chapter 11, prorated exemption, homestead improvement, disaster relief, property tax exemption, residential property

Summary: The committee heard several local government and property tax bills, with most testimony focused on appraisal disputes, tax administration, and development rules. Senate Bill 1052 by Senator Hinojosa would address coastal county appraisal litigation by requiring property owners in certain large-value disputes to report an uncontested taxable value while appeals are pending, so taxing units can base truth-in-taxation calculations on more realistic revenue. Nueces County, Del Mar College, and Corpus Christi ISD testified in support, describing major budget shortfalls caused by refinery valuation disputes; the committee substitute narrowed and clarified the bill’s scope. No opposition was heard, public testimony closed, and SB 1052 was left pending. The committee also heard Senate Bill 1531, which would require local tax collectors to accept common electronic property tax payments such as credit cards, debit cards, and e-checks. Witnesses supported modernizing payment options and the committee substitute removed ACH/electronic funds transfer language to avoid bank-account disclosure concerns. Public testimony closed and the bill was left pending. Senate Bill 325, by Senator Perry, would restore platting and groundwater-certification requirements that were unintentionally weakened by prior legislation; supporters from county government, water groups, and builders’ representatives debated whether the real issue was groundwater protection or road standards for private roads. The bill was left pending after extensive testimony and no vote. The committee then took up Senate Bill 994 and SJR 46, which would exempt certain livestock feed inventory from property tax and provide the constitutional amendment needed for that change. Feed store and Farm Bureau witnesses supported the measure as relief for seasonal inventory taxes, and the bills were left pending. Senator Paxton presented SB 467 and SJR 84 to create a temporary property tax exemption for homes completely destroyed by fire, with refunds or corrected bills based on the date of loss; both were left pending. SB 1237 would clarify charitable property tax exemptions for senior housing and retirement communities, with testimony from Catholic and Baptist retirement organizations and a resident describing rising costs and exemption revocations; it was also left pending. The committee later voted 6-0 to report SB 2073, a pending bill on appraisal district authority to purchase or finance real property, and recommended it for the local and uncontested calendar. Finally, the committee heard SB 2172, SB 2173, and SB 2063, all related to property tax administration. SB 2172 would limit when appraisal districts can require homeowners to reapply for homestead exemptions, requiring a specific reason and written notice; SB 2173 would protect new homeowners from surprise tax liabilities caused by prior owners’ erroneous homestead exemptions, with testimony describing large back-assessment bills; both were left pending. SB 2063 would bar appraisal districts from using market-value evidence in unequal appraisal protests, and testimony sharply divided between taxpayer advocates, who said market data improperly overwhelms equity claims, and appraisal district representatives, who argued market value is inherently tied to equal-and-uniform taxation and cited a recent Texas Supreme Court decision; the bill was left pending after testimony.

Transcript Highlights:

• Extends the sunset date of the qualified equity investment deduction through the year 2031.
• This deduction allows accredited investors to deduct qualified equity investments in eligible Oklahoma
• I had trouble gathering how much of this was actually caused by this tax deduction.
• Right now, I think it's quite a bit less than those numbers that actually use the tax deduction.
• deduction.

Bills: HB4028, HB4029, HB4059, HB4063, HB4073, HB4074, HB4075, HB4076, HB4077, HB4078, SB1130, SB1131, SB1132, SB1133, SB1134, SB1142, HB4028, HB4029, HB4059, HB4063, HB4073, HB4074, HB4075, HB4076, HB4077, HB4078, SB1130, SB1131, SB1132, SB1133, SB1134, SB1142

Keywords: tax deduction, venture capital, economic development, Oklahoma, investment, ALS, funding, healthcare, State Department of Health, emergency declaration, public finance, state budget, financial regulations, monetary policy, referendum, constitutional amendments, special election, Oklahoma legislature, public voting, recovery fund

Transcript Highlights:

• Deduction through tax year 2031. Move, do pass. You're over for questions.
• Do you know what amount this deduction has been costing the state?
• So, they're the amount of capped deduction is not changing, and this bill at all.
• Talked a lot with the tax commission to try to get a sense of why that is.
• If somebody uses this deduction, are they able to get the tax credits to the Rural Jobs Act as well?

Bills: HB4028, HB4029, HB4059, HB4063, HB4073, HB4074, HB4075, HB4076, HB4077, HB4078, SB1130, SB1131, SB1132, SB1133, SB1134, SB1142

Keywords: tax deduction, venture capital, economic development, Oklahoma, investment, ALS, funding, healthcare, State Department of Health, emergency declaration, public finance, state budget, financial regulations, monetary policy, referendum, constitutional amendments, special election, Oklahoma legislature, public voting, recovery fund

Transcript Highlights:

• Members, House Bill 428 extends the sunset on the qualified equity investment deduction through tax year
• Do you know what amount this deduction has been... fiscal impact.
• Do you know what amount this deduction has been costing the state?
• So the amount of capped deduction is not changing in this bill at all.
• If somebody uses this deduction, are they able to get the tax credits to the Rural Jobs Act as well?

Bills: HB4028, HB4029, HB4059, HB4063, HB4073, HB4074, HB4075, HB4076, HB4077, HB4078, SB1130, SB1131, SB1132, SB1133, SB1134, SB1142

Keywords: tax deduction, venture capital, economic development, Oklahoma, investment, ALS, funding, healthcare, State Department of Health, emergency declaration, public finance, state budget, financial regulations, monetary policy, referendum, constitutional amendments, special election, Oklahoma legislature, public voting, recovery fund

Summary: The Joint Committee on Appropriations and Budget met and first took up House Bill 4063, adopting a committee substitute over objection by a 17-4 roll call vote. The bill, as explained by the Pro Tem, moves the election dates for House Bill 4440 and Joint Resolution 1024 to August 25, 2026. Members debated whether the measure violated the single-subject rule or was an attempt to revisit proposals that had previously failed, but the committee advanced it and it passed 16-6 after debate. The committee then considered a series of appropriations and reappropriations, largely involving ARPA and interest funds. These included Senate Bills 1130 through 1134 and 1142, which redirected funds to the University Hospital Authority and Trust, the Office of Juvenile Affairs, the State Department of Health for rural hospital rebuild efforts, the Department of Mental Health and Substance Abuse Services for Griffin Memorial Hospital capacity, and DHS-related projects including Boys & Girls Club and YWCA funding. All of these bills passed, with most receiving broad support and only a few dissenting votes. Members also advanced several House bills: HB 4029 appropriated funds to the State Department of Health and the ALS fund; HB 4074 gave the Health Care Workforce Training Commission flexibility to close out ARPA projects and transfer funds among nursing-related programs; HB 4075 reappropriated water and wastewater funds within OWRB; HB 476 provided rural economic impact grant funding for water, wastewater, sewer, air park, industrial park, and broadband-related projects; HB 477 funded emergency response and relief grants with standard administrative language; HB 478 covered ARPA closeout costs for consultants and the grants management office; HB 428 extended a qualified equity investment tax deduction sunset; and HB 473 and HB 4073 pulled back ARPA funds for reappropriation and closeout. Most measures passed on strong roll-call votes, and the committee adjourned after HB 4073 passed 21-0.

Transcript Highlights:

• This deduction allows accredited investors to deduct qualified equity investments in eligible Oklahoma
• I had trouble gathering how much of this was actually caused by this tax deduction.
• Right now, I think it's quite a bit less than those numbers that actually use the tax deduction.
• Best estimate I have really over the last five years is maybe $5 million of this was used in this tax
• deduction.

Bills: HB4028, HB4029, HB4059, HB4063, HB4073, HB4074, HB4075, HB4076, HB4077, HB4078, SB1130, SB1131, SB1132, SB1133, SB1134, SB1142

Keywords: tax deduction, venture capital, economic development, Oklahoma, investment, ALS, funding, healthcare, State Department of Health, emergency declaration, public finance, state budget, financial regulations, monetary policy, referendum, constitutional amendments, special election, Oklahoma legislature, public voting, recovery fund

Summary: The committee considered a series of bills largely focused on reappropriating and closing out ARPA-related funds, transferring interest earnings, and filling funding gaps in existing state projects. Measures included funding for the Health Care Workforce Training Commission, juvenile services in Rogers County, rural hospital rebuild projects, DHS-related projects for Boys and Girls Clubs and the YWCA, water and wastewater projects through the OWRB, ALS grant limits for OSDH, pandemic relief accounting, administrative costs for ARPA projects, pediatric cardiology and OSU-related projects, rural industrial park and port water/wastewater gaps, and emergency response grants through the Department of Emergency Management. Most of these bills were presented by Rep. Newton, Chairman Caldwell, Speaker Hilbert, Rep. Osborne, Rep. Hill, and others, with committee substitutes adopted without objection where noted. One bill, House Bill 4028, drew the most discussion. It would extend the sunset on the qualified equity investment deduction for venture capital investments. Members questioned the lack of program-specific evaluation data, including return on investment, jobs created, and how much of the tax deduction had actually been used. The sponsor said the program had helped grow Oklahoma venture capital and that he would seek better data, but argued the sunset should be extended for now. The bill passed 23-6. Another extended exchange centered on House Bill 4063, which combined measures related to placing state questions on the August ballot, including HJR 1024 and a bill tied to House Bill 1440. Members raised concerns about single-subject issues, ballot timing, voter turnout, and whether combining the measures limited legislators’ options. The Speaker defended the approach as election-related and noted prior precedent. The bill passed 23-6. The remaining bills were approved overwhelmingly, generally by votes of 27-0, 28-0, or 29-0, and were reported out with due pass recommendations before the meeting adjourned.

Transcript Highlights:

• I saw that this has almost a million dollars drop in sales tax revenue.
• Estate sales tax loss, I don't have any numbers on what it would be locally.
• The interest earned on these accounts is also exempt from income tax.
• Looks like there's no offsets There's no tie-in to what the actual deductibles will be.
• Then how would that particular piece of money be taxed? Thank you for that question.

Bills: HB1590, HB1242, HB3818, HB4305

Keywords: education funding, linked deposits, education infrastructure, charter schools, nonprofit organizations, Oklahoma Education Infrastructure Program, HB1242, cervidae, deer, elk, sales tax exemption, agricultural exemption, livestock, ranching, farm tax, agricultural sales tax, Oklahoma Tax Commission, agriculture, producer sales, private treaty

Transcript Highlights:

• I saw that this has almost a million-dollar drop in sales tax revenue.
• I'm assuming that's just the state, so there'll also be local taxes that will be lost.
• And FY28, they say it's a 970,000 in state sales tax loss.
• And FY28, they say it's a 970,000 in state sales tax loss.
• The interest earned on these accounts is also exempt from income tax.

Bills: HB1590, HB1242, HB3818, HB4305

Keywords: education funding, linked deposits, education infrastructure, charter schools, nonprofit organizations, Oklahoma Education Infrastructure Program, HB1242, cervidae, deer, elk, sales tax exemption, agricultural exemption, livestock, ranching, farm tax, agricultural sales tax, Oklahoma Tax Commission, agriculture, producer sales, private treaty

Summary: The committee first considered and unanimously approved the nomination of Keith Ventress to the Oklahoma Development Finance Authority and then to the Oklahoma Industrial Finance Authority. Members noted his banking background and asked a brief question about the reference to old congressional district boundaries in the nomination materials, but there was no substantive opposition and both nominations advanced to the Senate. House Bill 1590, by Senator Daniels, would create an Oklahoma education infrastructure linked deposit program to provide reduced-interest loans for charter schools and nonprofit private schools for capital and building needs. Supporters said it would use existing state linked-deposit structures already used for agriculture and affordable housing, while opponents raised concerns about using taxpayer-backed funds for private schools, the bill’s broad nonprofit language, and whether it could lead to more state oversight of private education. The bill passed 9-2. House Bill 1242, which would add survey day to the list of agricultural sales tax exemption items, was discussed briefly but received no motion for a do pass recommendation and remained in committee. House Bill 3818, by Senator Coleman, would create tax-advantaged insurance loss savings accounts for homes and vehicles; members expressed concern about missing definitions, contribution limits, and the potential for abuse, but agreed the concept had promise and the bill passed 9-2 after the enacting clause was stricken for further work. House Bill 4305, as amended, clarified how affordable housing properties are assessed for ad valorem tax purposes by excluding certain income-based subsidies from valuation; after questions about prior court cases and assessment practices, it passed 6-5.

Bills: SB183, SB160, SB183, SB160

Keywords: tribal police, law enforcement, reservation safety, Ma-Chis Lower Creek Indian Tribe, indigenous rights, sales tax, use tax, sales and use tax, local tax exemption, county tax, municipal tax, county commission, municipal ordinance, resolution, Alabama Department of Revenue, tax administration, fiscal year, September 1 effective date, local government, tax exemption

Transcript Highlights:

• Right now, this tax is dedicated.
• </c><00:18:28.799><c> tax</c> the solid waste management tax tax the solid waste management tax tax revenues
• and even property tax revenue.
• and our taxes have gone up 67%.
• and our taxes have gone up 67%.

Bills: HF1359, HF1829, HF290, HF1933, HF926

Keywords: solid waste management, resource management account, environmental fund, taxation, Minnesota statutes, homestead, property tax, classification, disability, resort properties, recreational use, commercial property, tax refund, estimated tax, interest on refunds, income tax, corporate franchise tax, S corporation, partnership, corporation

Transcript Highlights:

• I'm calling this meeting of the Tax Committee to order for March 18th, 2026.
• </c><00:03:42.640><c> implications</c> there's a lot of tax implications there's a lot of tax implications
• </c><00:30:55.960><c> that</c><00:30:56.120><c> are</c> may face deductibles that are may face deductibles
• </c><00:59:52.160><c> While</c> those gaps through property taxes.
• While those gaps through property taxes.

Bills: HF4343

Keywords: sales tax, use tax, advertising tax, taxable services, digital advertising, online marketing, marketing services, search engine marketing, lead generation, internet advertising, ad agency, media buying, campaign planning, Minnesota tax law, service tax, broadening tax base, web advertising, promotional services, 1183, house

Transcript Highlights:

• at the retail tax rate.
• There's only an increase in sales tax if there's an increase in barrel production.
• It's per barrel we get severance tax revenue.
• If you have increased production, you're bringing in sales tax severance tax revenue.
• This bill saves staff time and state resources spent processing paper tax. All right.

Bills: SB1211, SB1574, SB2774, SB2873, SB2900, HJR4

Keywords: hydraulic fracturing, sales tax exemption, oil and gas, environmental impact, water reuse, justice, judicial council, centers of excellence, court operations, recognition program, franchise tax, retail trade, tax classification, business regulation, economic impact, SB 2873, Texas Tax Code, electronic filing, e-filing, tax reports

Transcript Highlights:

• </c><01:04:01.280><c> down</c><01:04:01.640><c> the</c><01:04:02.040><c> brass</c><01:04:02.359><c> tax
• 01:04:02.680><c> of</c><01:04:02.760><c> what</c><01:04:02.880><c> we</c> really lay down the brass tax
• of what we really lay down the brass tax of what we essentially<01:04:03.560><c> need,</c><01:04:04.280

Bills: SR185, HB2452, HB2329, HB2272, HB2273, HB2335, HB1656, HB2207, HB2289, HB1854, HB2581, HB20, HB2296, HB1707, HB2297, HB1890, HB2241, HB2474, HB1688, HB2546, HB1574, HB1546, HB2218, HB1163, HB1514, HB1749, HB2385, HB1576, HB1974, HB2022, HB1973, HB2005, HB1894, HB1515, HB1718, HB1591, HB2475, HB1721, HB1864, HB1946, HB1920

Keywords: Department of Education, capital improvement program, performance audit, infrastructure, transparency, state bonds, general obligation bonds, GO bonds, bond authorization, state debt limit, constitutional debt limit, Article VII Section 13, Hawaii bonds, state borrowing, public finance, capital improvement projects, supplemental appropriations, judiciary appropriations, refunding bonds, reimbursable bonds

Transcript Highlights:

• This is important for tax purposes as we need to get this bill moved and through.
• What this bill does is take our laws back for the deduction of research expenses and experimental expenditures
• It allows companies that spend money on that to take those deductions in the... ...to take those deductions
• Then, replace lines 38-40 on page two with the following: Section one... ...Section one, effective for tax
• years beginning on or after January 1, 2024, research and experimental expenditures for Alabama tax

Bills: HB163

Keywords: income tax, research expenditures, economic development, tax deductions, Tax Cuts and Jobs Act, Alabama tax law, 1136, house, all

Transcript Highlights:

• base for tax purposes.
• I love tax cuts.
• of the flat tax.
• tax authority.
• Although this body in the past has cut taxes, ushering in the lowest flat tax in the country, and in

Bills: HB2780, HB4029, HB4030, HCR2052

Keywords: judicial foreclosure, tax lien, redemption rights, excess proceeds, property auction, income tax, federal tax conformity, revenue analysis, legislative session, tax reporting, municipal fees, county fees, utility rates, moratorium, tax classification, local government, inflation, economic stability, tax increases, cost-of-living protection

Bills: HB277, SB89, HB135, HB277, SB89, HB135

Keywords: HB277, 2A Sales Tax Holiday, firearms tax exemption, ammunition, hunting supplies, sales tax holiday, Memorial Day, Fourth of July, Second Amendment, gun tax holiday, gun rights, outdoor gear, hunting equipment, state sales tax, use tax, local option tax exemption, county opt-in, municipal opt-in, Department of Revenue, Alabama

Transcript Highlights:

• Severance taxes.
• I'm not a tax expert.
• dollar tax credit on your income taxes.
• So, I'm not a tax expert, but I do know we get deductions for donations.
• The federal government says, all right, if you donate to a nonprofit, you have a tax deduction on that

Bills: HB249, HB 1186, HB2313, HB2408, HB2508, HB2730, HB2974, HB3045, HB3232, HB3336, HB3710, HB4044, HB4236, HJR133, HB249

Keywords: ad valorem taxes, property taxes, homestead exemption, disabled veterans, senior citizens, tax payments, installment payments, municipal tax revenue, hotel, convention center, tax code, economic development, local government, municipality, tax revenue, qualified projects, municipal taxation, hotel project, municipality funding, veteran

Transcript Highlights:

• It's basically regarding the passage of recent exemptions with the use tax.
• We're putting together both the... ...sales tax and the use tax, kind of in the same categories.
• Members of the committee, HB 226 deals with the property tax exemption.
• exemption on the books now for 100% disabled persons for property... ...disabled persons for property taxes
• Well, isn't it, if you get a tax bill, is it to the owner that would be on the deed?

Bills: HB205, HB226, HB234

Keywords: sales tax, use tax, exemption, tax conformity, tangible personal property, Alabama Department of Revenue, retail tax, consumer use tax, nonresident, religious publications, church magazines, Bible class materials, Sunday school materials, tax administration, indirect tax, state revenue, HB226, homestead exemption, ad valorem tax, property tax

Transcript Highlights:

• Furthermore, eliminating rollback taxes will not result in higher tax rates by the taxing authorities
• property tax deduction based on their disability. based on their VA disability rating.
• For example, a veteran with a 59% VA disability rating would be entitled to a 59% property tax deduction
• Surviving unmarried spouses of disabled veterans also qualify. for a tax deduction if the property was
• Current disabled veterans' real property tax code affects the cost of taxes.

Bills: HB485, HB1367, HB1370, HB1827, HB1879, HB2032, HB2133, HB2357, HB3581, HB3830, HB4060, HB4085, HB4270, HB4979, HB5217, HB5268, HB5478, HJR96, HJR97, HJR119, HJR195, HJR209, SB4, SB23, SJR2, SJR85, SB 4, SB 23, SJR 2

Keywords: healthcare, insurance, access, affordability, public health, emergency services district, sales tax, gas and electricity, residential use, tax exemption, emergency services, gas, electricity, HB 485, ESD, use tax, residential utilities, utility tax, local option tax, Texas Health and Safety Code

Transcript Highlights:

• </c> policy and enough dollars in the tax policy and enough dollars in the tax incentive<00:37:26.960
• </c> investments, our corporate tax credits. investments, our corporate tax credits.
• And this bill is strictly a tax. >> This is just the tax portion.
• </c> strictly a tax. strictly a tax.
• </c> &gt;&gt; This is just the tax portion. Yes. &gt;&gt; This is just the tax portion. Yes.

Bills: HF1669, HF4709, HF3531, HF4048

Keywords: tax credits, sustainable aviation fuel, environmental policy, corporate franchise, Minnesota taxation, electricity generation, property tax exemption, renewable energy, incentives, economic development, fuel delivery, tax exemption, retail transactions, diesel exhaust fluid, fuel lubricants, healthcare tax, gross receipts tax, hospitals, chiropractors, healthcare providers