Video & Transcript : 'taxable events' :

Page 5 of 500
CA
Transcript Highlights:
  • And because this bill creates a taxable event on selling a home, it actually... ...creates a taxable
  • event on selling a home.
  • offering a limited tax credit equal to 40% of the qualified repair expenses, capped at $25,000 per taxable
  • For those instances that qualify as medical expenses, they are non-taxable, while other benefits such
  • as gym memberships are taxable to the employee.
Summary: The Assembly Committee on Revenue and Taxation met as a subcommittee and announced that all bills on the agenda had revenue impacts placing them on the suspense file, so none were eligible for immediate vote. The chair also reviewed procedural rules, including the deadline for position letters and the suspense-file threshold, and later established a quorum before proceeding through the agenda. Most measures were presented, heard, and then referred to suspense without committee votes. Several bills focused on tax credits or exclusions tied to housing and property. AB 1606 proposed a five-year tax credit for small businesses facing cleanup costs from illegal dumping and encampments; AB 1971 would clarify that home-hardening retrofits are not assessable for property tax purposes; AB 2394 would create a capital gains exclusion to encourage long-term homeowners to sell and downsize; AB 1714 would offer a credit for sellers who complete required repairs for CalHFA-assisted first-time buyers; and AB 2389 would extend the property tax exclusion for newly installed solar systems. Supporters generally framed these bills as targeted relief or affordability measures, while opponents raised concerns about revenue loss, policy effectiveness, or implementation. The committee also heard a series of agriculture-related bills. AB 2427 proposed a tax credit for qualified agricultural producers to offset labor, equipment, infrastructure, and production costs, and AB 2192 would extend the state’s farm equipment sales tax exemption to local sales taxes with a General Fund backfill for local governments. Supporters argued both measures would help preserve California agriculture, jobs, and food security amid rising costs and regulatory burdens; opponents questioned the need for the subsidies and the size of the fiscal impact. Both bills were referred to suspense. Other measures included AB 1611, which would end a tax break on capital gains from single-family home sales for large corporate investors to discourage investor competition with homebuyers; AB 2522, which would exempt over-the-counter medications from sales tax; AB 2444, which would add a state deduction for ScholarShare 529 contributions and align California law with federal Roth IRA rollover rules; and AB 1550, which would allow deductions for tips and overtime. Each drew support from sponsors and allied groups, while tax reform and local government representatives opposed several bills over revenue and policy concerns. All of these measures were also sent to the suspense file, and the committee adjourned after completing its agenda.
AL

Alabama 2026 Regular Session

Alabama Senate Mar 31st, 2026

Alabama Senate Floor Meeting

Transcript Highlights:
  • </c> event. So that can be done quickly. event. So that can be done quickly.
  • </c> camper affected by the emergency event. camper affected by the emergency event.
  • The taxable property, all real or 17.
  • Taxable property.
  • Taxable property. All real costs. 17. Taxable property.
Summary: The meeting included a Senate recognition ceremony honoring the Winona High School boys basketball team for winning the 2026 Alabama High School Athletic Association 5A state championship. A resolution was read commending the team for its 101-40 victory over Silicag, noting the team’s record-setting performance, Brendan Davis’s MVP honor, the contributions of other players, and Coach Cedric Lane’s leadership. Senators and the lieutenant governor praised the players’ sportsmanship, the school community, and the team’s historic season, and copies of the resolution were presented to the team, coaches, and administrators. Several guests and school representatives also spoke briefly, including the coach and principal, who thanked the Senate and noted the team’s success and the principal’s retirement after 35 years. After the recognition, the Senate returned to session and adopted the Committee on Rules report setting the special order calendar. The calendar included Senate Bill 99 on the Ten Commandments, Senate Bill 298 on Class 3 municipalities, House Bill 381 on camp safety, Senate Bill 370 on tax increment districts, Senate Bill 363 on the Department of Economic and Community Affairs, House Bill 466 on firefighters, House Bill 95 on elections, House Bill 259 on stablecoin, and Senate Bill 342 on education. The chamber then took up SB 99, sponsored by Senators Kelly and Sessions. Senator Kelly described the bill as requiring local school boards to display the Ten Commandments, together with founding documents such as the Declaration of Independence, Constitution, Bill of Rights, and Alabama Constitution preamble, in certain history classrooms and common areas for grades five through 12, using donated displays and funds when available. He said the bill was intended as a historical and educational measure, not religious instruction, and emphasized the inclusion of a disclaimer stating Alabama is not establishing a religion. After extended debate and a petition to close debate from the Rules Committee, the Senate voted on the bill by long roll and passed SB 99, with the recorded vote announced as 30 yeas and 4 nays.
NH
Transcript Highlights:
  • </c> from including um timber in the taxable from including um timber in the taxable estate.<00:18:26.280
  • </c> taxable transfer of real property. taxable transfer of real property.
  • </c> taxable transfer of real property. taxable transfer of real property.
  • So, that's a taxable event, and DRA is supposed to treat it as if it's a property transfer and pay the
  • So, that's a taxable event<00:57:37.760><c> and</c><00:57:38.720><c> DRA</c><00:57:39.360><c> you're<
Summary: The meeting opened with a quorum present and approval of the April 17 minutes. The commission then heard a presentation from attorney Jacob Rhodes of Cleveland, Waters and Bass on the history and legal basis of New Hampshire’s timber tax, explaining that timber was historically treated as part of real property, that a 1913 case confirmed that view, and that a 1949 constitutional amendment created a separate timber yield tax to discourage clear-cutting and support forest conservation. He described the tax as a tax on the yield when timber is severed, not an income tax, and noted that towns are reimbursed through a system based on Department of Revenue Administration market data and local reports of cut. Members and guests asked how “yield” is defined, how the timber tax interacts with current use, and whether carbon sequestration could be treated similarly. Testimony explained that current use generally is not affected by harvesting timber, that towns can tax standing timber under RSA 79:5 but rarely do because it is labor-intensive, and that carbon credits might be valued using a similar market-data approach. Several speakers discussed a prior bill drafted with DRA input that would have treated carbon more like timber, but noted it never fully advanced in the General Court and that the version ultimately discussed by the House differed from the earlier DRA-comfortable draft. The discussion also covered whether carbon sequestration agreements are effectively long-term leases or transfers of timber rights, with Rhodes suggesting that 99-year arrangements could be taxable transfers of real property under DRA rules, though he had not reviewed specific agreements. DRA staff said they do not currently have a timber-like survey mechanism for carbon and would likely need access to proprietary market data or a subscription service to build one. No formal vote was taken beyond approving the minutes; the commission appeared to agree to revisit the carbon/timber valuation issue and the draft bill at a future meeting.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 13th, 2026 at 09:37 am

Senate Finance

Transcript Highlights:
  • I can't issue anybody a non-taxable certificate for labor in any way, shape, or form.
  • Chair, it increases the size of your taxable base, the base income.
  • That doesn't fix the non-taxable part. Maybe we can fix that on the floor. Timeline.
  • That doesn't fix the non-taxable part. Maybe we can fix that on the floor.
  • And what about the non-taxable? I mean, can we do that?
Bills: SB151 , HB8 , SB177
CA

California 2025-2026 Regular Session

Senate Rules Committee Feb 18th, 2026

Rules

Transcript Highlights:
  • It also works with his staff to speak at various events, including job events and economic development
  • events around the state, to make sure people are aware of the I-Bank's programs.
  • It also works with staff to speak at various events, including job events and economic development events
  • The speaker said the agency is speaking at events it is invited to and making sure people know the I-Bank
  • as a conduit for a for-profit health care institution, but that would generally involve issuing a taxable
Committee: Senate Rules
Summary: The Senate Rules Committee met to consider several governor’s appointments and procedural items. The committee approved, largely on unanimous or near-unanimous votes, the appointments of Gina Castro Rodriguez to the Board of State and Community Corrections, Richard Stein to the California Arts Council, and Nicholas Hardiman to the California Housing Finance Agency Board of Directors. It also approved references to bills, committee appointments, subcommittee ratifications, joint committee appointments, and floor acknowledgments. A motion to grant rule waivers for Senators Perez and Padilla to introduce additional measures under SR 22.5 drew opposition from Senator Grove and ultimately passed on a 3-2 vote in the final tally. The committee then heard testimony on the appointment of Andy Nakahata as executive director of the California Infrastructure and Economic Development Bank (IBank). Nakahata described his background in finance and infrastructure lending and said he would focus on expanding access to IBank programs statewide, especially in underserved and rural areas. Members questioned him about outreach equity, county-by-county loan activity, creditworthiness standards, the California Transmission Accelerator, and financing for public hospitals and other infrastructure projects. He said IBank works through financial development corporations, municipal advisors, and other partners, monitors geographic reach, and can work with applicants to adjust loan size or identify additional funding sources when projects are not fully creditworthy. Public witnesses spoke in support of Nakahata, including representatives from Siebert William Shank and O’Melveny/other public finance firms, who praised his expertise and leadership. No opposition testimony was offered. The committee voted 5-0 to move Nakahata’s appointment to the full Senate for confirmation. After completing a final roll call on the earlier agenda items, the committee adjourned its public session and announced it would move into executive session.
WY

Wyoming 2026 Regular Session

House Transportation, Highways & Military Affairs Committee, February 26, 2026

Transportation, Highways & Military Affairs

Transcript Highlights:
  • </c><00:04:52.880><c> in</c><00:04:53.120><c> the</c> to stay in place in the event in the to stay in
  • place in the event in the future<00:04:54.080><c> that</c><00:04:54.320><c> that</c><00:04:54.639><c
  • c> motor</c><00:28:43.600><c> vehicle</c> When we discuss taxable motor vehicle When we discuss taxable
  • </c><00:30:12.480><c> What</c> family members are non-t taxable.
  • What family members are non-t taxable.
Bills: SF0058 , SF0061 , SF0095 , SF0107
WA

Washington 2025-2026 Regular Session

House Finance Feb 4th, 2026

Transcript Highlights:
  • It's not to make money in for-profit events.
  • By way of background, to encourage voluntary compliance of taxpayers who may have engaged in taxable
  • Under the VDA program, unregistered taxpayers who voluntarily disclose taxable activity may enter into
  • To qualify for the program, taxpayers must disclose all relevant taxable activity to the DOR, not engage
  • It exempts any Washington taxable income attributed to wholesale sales of food and food ingredients sold
Summary: House Finance held public hearings on several tax and property-related bills. HB 2584 would create a sales and use tax exemption for qualifying farm machinery and equipment purchased by eligible farmers, with supporters arguing it would ease financial pressure on farmers, encourage investment in more efficient and environmentally friendly equipment, and help rural economies. County officials opposed extending the exemption to local sales taxes, warning of cumulative revenue losses for local governments. HB 2376 would consolidate the state school property tax levy and expand property tax relief for seniors, people with disabilities, and veterans by raising income thresholds, increasing exemption amounts, and simplifying the income calculation; county assessors and local officials supported the bill as a way to help residents age in place, while opponents argued it would raise taxes for others and weaken the 1% cap. HB 2610 would broaden the nonprofit homeownership development property tax exemption to allow limited interim rental or community use without losing the exemption, and testimony from affordable housing groups supported the change as a practical way to keep projects moving and reduce costs. HB 2615 would codify the Department of Revenue’s voluntary disclosure program and create a temporary tax amnesty period for certain unpaid business taxes; supporters said it would bring businesses into compliance and generate revenue, while one sponsor noted technical issues still needed to be resolved. In executive session, the committee advanced four bills. HB 2194, allowing a county and city within it to concurrently impose a cultural access program sales tax, passed 10-5. Substitute HB 2257, a broad tax code cleanup and technical changes bill, passed unanimously 15-0 after members said it clarified ambiguities from prior legislation. HB 2528, which would remove voter-approval requirements for certain cities to impose a local real estate excise tax, passed 11-4 despite objections that it reduced voter control over tax increases. HB 2175, exempting certain nonprofit providers of free durable medical equipment from sales tax on repair parts, also passed unanimously 15-0. The chair announced that HB 2584, HB 2610, and HB 2615 would be scheduled for executive action the following day, with no amendments allowed.
FL

Florida 2025 Regular Session

May 2, 2025 - 09:00 AM

Transcript Highlights:
  • Taxable value is the assessed value of a property, less any applicable exemptions.
  • local government, a millage rate is the total amount of, quote, mills, that are multiplied by the taxable
  • The equation before you combines a number of concepts: What is taxable? How is it assessed?
  • The taxable value that results from those adjustments is then multiplied by all the applicable millage
  • You've got to talk about it's an event of default pursuant to a mortgage, right?
Summary: The Select Committee on Property Taxes held its first meeting with opening remarks from the co-chairs and ranking member framing the committee’s task as developing property tax legislation for next session. Staff then gave a high-level overview of Florida property taxes, explaining how ad valorem taxes work, the roles of property appraisers, tax collectors, taxing authorities, value adjustment boards, and the Department of Revenue, and reviewing key concepts such as just value, assessed value, exemptions, taxable value, millage rates, homestead exemptions, Save Our Homes, and portability. The presentation also emphasized that property tax law is largely rooted in the Florida Constitution and that local governments choose millage rates, which affects collections. No public comment was taken. The committee then discussed five Speaker-proposed concepts. Proposal 1 would require cities, counties, and special districts to hold a referendum on eliminating property taxes on homestead properties; members raised concerns about local funding, public safety, special districts, renters, and the need for extensive voter education, with some suggesting countywide elections or town halls instead. Proposal 2 would create a new $500,000 homestead exemption for non-school taxes and a $1 million exemption for seniors 65+ or long-term homesteaders; members split between seeing it as meaningful relief for seniors and warning it could devastate local tax bases, especially in lower-value or rural counties, while also potentially trapping older homeowners in place. Proposal 3 would authorize the Legislature to raise homestead exemptions by general law; some liked the flexibility, but others worried about statewide one-size-fits-all impacts, political difficulty in reversing changes, and the need for local revenue replacement. Proposal 4 would change assessment caps for homestead and non-homestead property; several members said it would not provide enough relief and could shift burdens to rental properties and non-homestead owners. Proposal 5, eliminating foreclosure on homestead property for tax liens, drew the strongest opposition, with members saying it would undermine lien priority, mortgage and title systems, and incentives to pay taxes. Throughout the meeting, members repeatedly stressed the need to understand local fiscal impacts, including police, fire, infrastructure, and other services funded by property taxes, and to consider alternative revenue sources or offsets if taxes are reduced. The co-chairs said the committee is still in the information-gathering stage, that all ideas remain on the table, and that members should do “homework” by meeting with local taxing authorities and learning how property taxes are set and spent in their districts. The meeting ended with no votes on the proposals and adjournment after a motion to rise.
HI

Hawaii 2026 Regular Session

EIG DEFER, AEN-EIG Public Hearings 02-12-2026

Energy and Intergovernmental Affairs

Transcript Highlights:
  • In the unlikely event that this hearing is cut short, the committee will reconvene to discuss any outstanding
  • In the unlikely<00:01:19.680><c> event</c><00:01:19.840><c> that</c><00:01:20.000><c> this</c><00:01:
  • 20.159><c> hearing</c><00:01:20.479><c> is</c><00:01:20.640><c> cut</c> unlikely event that this hearing
  • is cut unlikely event that this hearing is cut short,<00:01:21.119><c> the</c><00:01:21.200><c> committee
  • And also we're going to take DOTax's suggestion, beginning this bill for taxable years after December
Bills: SB2699
Summary: The committee reconvened and first addressed SB 2699 on public transit/free transportation for young people. Members noted that the Committee on Transportation had already deferred the measure, and this committee said it would defer it as well before adjourning that brief reconvened session. The hearing then moved to SB 2373, which would establish a state goal to strengthen nature-based carbon emissions reduction solutions and authorize the Hawaii State Energy Office to develop methods to quantify carbon reductions from marine ecosystem restoration. The Energy Office said marine carbon sequestration was outside its expertise and asked to be removed from that portion of the bill, while DLNR and OPSD offered comments and said the work fit better with their areas, with DLNR saying it could take it on if properly resourced. Testimony included support from environmental groups, and committee discussion focused on which agency should lead and whether existing methodologies could be used. Next was SB 21001 on organic waste reduction and diversion. The Department of Health supported the intent but raised implementation concerns. Hawaii Farmers Union strongly supported the bill, arguing it would help build compost supply, improve soil health, and give counties time to develop infrastructure; they cited Vermont as a model and said the bill could extend landfill life and reduce methane. Members asked about the Vermont approach and the need for infrastructure before household-level diversion. The committee also heard SB 2905, which would increase the environmental response, energy, and food security tax and direct more revenue to the electric vehicle charging system subaccount. The Energy Office, PUC, and Tax Department offered comments; youth and clean transportation advocates strongly supported the bill as a way to expand charging access and meet EV adoption goals. A member questioned whether the proposed increase would outpace the state’s ability to deploy chargers, and PUC staff said the current annual appropriation is about $750,000 and that they could provide more data on an appropriate funding level. Additional measures were briefly taken up: SB 3231 on condominium maps and county zoning certification in A districts drew support from the Department of Agriculture and Biosecurity and the Hawaii Farm Bureau; SB 2486 on climate change drew comments from the Energy Office, Climate Commission, and OPSD, who said it duplicated existing climate planning and should include adaptation language; and SB 2376 on the renewable fuels production tax credit drew support from industry and agricultural groups, while the Energy Office and Tax Department raised concerns about the rollover provision and the scale of the credit. No final votes were recorded in the excerpt beyond the earlier deferral of SB 2699.
NH

New Hampshire 2026 Regular Session

House Ways and Means (01/14/2026)

Ways and Means

Transcript Highlights:
  • It has $1.6 billion worth of taxable property, so that's $1.6 million of taxable property per capita.
  • </c><01:43:30.159><c> property</c> uh,000 and change of taxable property uh,000 and change of taxable
  • </c> population lives in non-taxable housing. population lives in non-taxable housing.
  • But in some non-t taxable housing.
  • </c> there's a lot of non-taxable housing. there's a lot of non-taxable housing.
AZ

Arizona 2026 Regular Session

02/18/2026 - House Floor Session

Arizona House Floor Meeting

Transcript Highlights:
  • National Child Abuse Prevention Month, advanced nationwide awareness campaigns, and championed major events
  • and initiatives that mobilized the country... ...and championed major events and initiatives that mobilized
  • We're adding taxable improvements to the list of things that are a material change so that county assessors
  • We're adding taxable improvements to the list of things that are a material change so that county assessors
  • Also adding taxable improvements to the list of changes that triggers an inspection, so again just improving
Summary: The House convened on Ash Wednesday with prayer, the Pledge of Allegiance, the journal approved, and a series of guest introductions recognizing Dr. William Thompson, Disability Day at the Capitol participants, Arizona Cattle Growers, a GCU student guest, striking ASU Aramark workers and union supporters, Nurse-Family Partnership nurses, Navajo Nation visitors, and others. Members also made remarks honoring Lent, Ramadan, Black History Month, and various community figures. Attendance was recorded at 54 present, 3 absent, and 3 excused, and the House received committee substitutions and Senate messages without objection. The chamber adopted House Resolution 2006, a death resolution honoring Yvonne Glee Lyme Federson and her work with Childhelp to combat child abuse. The resolution was adopted unanimously, followed by a moment of respectful silence. The House then resolved into Committee of the Whole and later an additional Committee of the Whole to consider several bills. Measures receiving do pass recommendations included HB 2089, HB 2177 as amended, HB 2258, HB 2322 as amended, HB 2786, and HB 2825 as amended, with amendments adopted on HB 2177, HB 2322, and HB 2825. The House adopted the Committee of the Whole report and ordered those bills engrossed or regrossed as appropriate. In the additional Committee of the Whole, members debated HB 2074, HB 2104, and HB 2105, all property- or health-related measures. HB 2074 drew sharp debate over an amendment removing a life-of-the-mother exception in a partial-birth abortion provision; supporters said the change clarified that safer medical alternatives exist, while opponents argued it would criminalize care even to save a mother’s life. HB 2104 and HB 2105 were amended to add taxable improvements as a trigger for assessor review and to make a standardized report optional, with supporters saying the changes improved county property tax administration and opponents warning they could hinder assessors and create litigation. All three bills received do pass as amended recommendations and were ordered engrossed. The House then took up third-reading votes and passed HB 2173, HB 2203, HB 2223, and HB 2501 by 57-0 votes with three not voting. HB 2307, an emergency measure concerning dangerous and incompetent defendants and out-of-state treatment options, passed 37-20 with three not voting, but failed to achieve the required two-thirds vote for the emergency clause. Members explained votes in support as a temporary response to a lack of in-state treatment beds, and in opposition as a bill that was too broad or not yet implementable. The House adjourned until 10 a.m. on Thursday, February 19, 2026.
MN

Minnesota 2025-2026 Regular Session

Committee on Jobs and Economic Development - 03/04/26

Jobs and Economic Development

Transcript Highlights:
  • That's not actually a tax against the taxable wages. It's a tax on the tax, so to speak.
  • </c><00:09:21.360><c> wage</c> because of the way that the taxable wage because of the way that the taxable
  • that there's a slowdown in the the event that there's a slowdown in the economy<00:10:38.000><c> is<
  • So, uh, in the event that a state starts to, uh, run out of money in its trust fund, there's a fairly
  • So, the typical pattern would be the workload comes up because a recession or some other event occurs
WA

Washington 2025-2026 Regular Session

House Finance Feb 24th, 2026 at 08:00 am

Finance

Transcript Highlights:
  • Beginning January 1st, 2028, a 9.9% tax is imposed on the receipt of Washington taxable income.
  • In order to determine a person's Washington taxable income, it starts with the federal adjusted gross
  • acquisition of fishing vessels, if that contribution amount has reduced their taxpayer's federal taxable
  • income for that taxable year.
  • . ...significant disadvantage when destinations are compared for these large meetings and events.
Committee: House Finance
NH
Transcript Highlights:
  • event. >> Correct.
  • </c> whether that transfer should be taxable whether that transfer should be taxable and<01:41:05.760
  • But if uh there are a no tax event.
  • </c><01:42:40.080><c> event.
  • </c> generates a taxable event. generates a taxable event.
Summary: The meeting began with roll call and approval of the prior meeting minutes, which passed unanimously. Members then introduced the day’s presentations, including one on the Canton network and another on tokenizing real-world assets, with a focus on how blockchain systems can support regulated financial institutions and asset tokenization. Julie, the director of policy and government affairs at Digital Asset, presented on the Canton network, describing it as a privacy-enabled public blockchain designed for regulated finance. She said tokenization should preserve the same legal and economic rights as the underlying asset, and argued that blockchain-based books and records can shorten settlement times, improve 24/7 trading, and reduce friction in capital markets. She identified three main barriers to institutional adoption of public blockchains: lack of privacy, limited throughput/scalability, and lack of control for compliance purposes such as freezing assets, pausing transactions, and meeting AML/sanctions obligations. She explained Canton’s structure as a public, permissionless network with application-level privacy controls, a global synchronizer, and super validators chosen by vote. She also highlighted current ecosystem participants and use cases, including Broadridge, Circle, and the DTCC’s planned tokenization of U.S. Treasuries on the network. Members and online participants asked about the relationship between tokenized assets and the Clarity Act, tokenized deposits, safeguards for faster settlement, and whether the platform could be used for municipal or property records. Julie said Digital Asset was not taking a position on rewards, but supported clearer statutory definitions because tokenized securities should carry the same rights as the underlying assets and investors need to know whether a token is a true tokenized security or a synthetic/reference token. She said the company is agnostic on whether the cash leg is stablecoins or tokenized deposits, though it expects both to develop. In response to concerns about rapid settlement, she pointed to institution-level permissions and SEC disclosure expectations as safeguards. She also said the technology could be used for other records, including potentially property-related records, if those assets can be tokenized.
WA

Washington 2025-2026 Regular Session

House Finance Feb 27th, 2026 at 08:00 am

Finance

Transcript Highlights:
  • from Washington-based income for 90% of Washington-allocated gambling losses incurred in the current taxable
  • It provides a deduction from Washington taxable income for gains from the sale or exchange of Section
  • So this would be an outlier in terms of how we determine what the taxable amount is for a family.
  • So this would be an outlier in terms of how we determine what the taxable amount is for a family.
  • We have an upcoming event on immigration enforcement and patient access to care.
Committee: House Finance
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 02/19/25

Taxes

Transcript Highlights:
  • But in any event, the main purpose of this is to make modifications to the credit, which you graciously
  • Obviously, the entire amount of the credit carryover is limited to the five succeeding taxable years.
  • Obviously, the entire amount of the credit carryover is limited to the five succeeding taxable years.
  • </c><00:43:59.119><c> income</c><00:43:59.920><c> and</c> would be considered taxable income and would
  • be considered taxable income and asked<00:44:00.319><c> for</c><00:44:00.559><c> technical</c><00:44
Committee: Senate Taxes
CA

California 2025-2026 Regular Session

Senate Rules Committee Feb 18th, 2026

Rules

Transcript Highlights:
  • And it's also by working with my staff to go and speak at various events, you know, job events and economic
  • networks throughout the state, and it's going to some of the conferences they sponsor, speaking at events
  • You know, speaking at events that we're invited to speak at, and just making sure that we're getting
  • a conduit for a for-profit health care institution as well, but they would generally be issuing a taxable
  • Showing a taxable bond.
Committee: Senate Rules
Summary: The Senate Rules Committee met to consider several routine items and a gubernatorial appointment. The committee approved appointments not required to appear for Gina Castro Rodriguez to the Board of State and Community Corrections, Richard Stein to the California Arts Council, and Nicholas Hardiman to the California Housing Finance Agency Board of Directors. It also approved references to bills, committee and joint committee appointments, subcommittee ratifications, and floor acknowledgments. A rule waiver request from Senators Perez and Padilla to suspend the SR 22.5 bill-introduction limit was approved on a divided vote. The committee then heard testimony from Andy Nakahata, nominee for executive director of the California Infrastructure and Economic Development Bank (iBank). Nakahata described his background in infrastructure finance and said he would focus on stewardship, expanding awareness of iBank programs, and working with lenders, financial development corporations, and municipal advisors to reach more counties and communities. Members asked about equitable geographic access, creditworthiness standards, outreach to underserved areas, support for financially distressed hospitals, and the new California Transmission Accelerator program. Nakahata said iBank can work with public and nonprofit health care entities, that transmission financing would be a portion of larger project capital stacks, and that the bank’s role is financing rather than regulating utility tariffs or transmission costs. Public witnesses from the finance and legal sectors testified in support of Nakahata, praising his expertise and leadership. No opposition testimony was offered. The committee then voted unanimously to advance Nakahata’s nomination to the full Senate for confirmation.
CO

Colorado 2026 Regular Session

Colorado Senate 2026 Legislative Day 119 Part 2 May 13th, 2026

Colorado Senate Floor Meeting

Transcript Highlights:
  • And we had a Latinos for ROR event at Torres Mexican restaurant, and I...
  • I had a young man come up to me at an event just a couple months ago and say, "Give me this note and
  • Things like heavy events within 45 days.
  • So, yes, these adverse events do happen. This would mitigate it. I urge a yes vote on L026.
  • </c><07:49:44.080><c> income</c> revenue to their Colorado taxable income revenue to their Colorado taxable
US
Bills: SB244 , SB28 , SB289 , SB323 , SB389 , SB414 , SB428 , SB433 , SB582 , SB613 , SB759 , SB792 , SB841 , SB843 , SB97
Summary: The Senate Committee on Commerce, Science, and Transportation held an important meeting where they discussed various bills aimed at addressing pressing issues like consumer protection, technology, and environmental management. Chairman Cruz opened the meeting by emphasizing the role of subpoenas in ensuring accountability and oversight, highlighting a recent compliance from several parties following such threats. The meeting progressed to consider several bills, including the Romance Scam Prevention Act championed by Senator Blackburn, which seeks to protect vulnerable populations from online dating scams that have resulted in enormous financial losses, particularly among seniors. The committee also nominated Michael Kratios for the Office of Science and Technology Policy and Mark Medder for the Federal Trade Commission, underscoring the significance of leadership in fostering innovation and consumer protection in technology sectors.
NM

New Mexico 2025 Regular Session

IC - Revenue Stabilization and Tax Policy Dec 15th, 2025 at 09:14 am

Revenue Stabilization & Tax Policy Committee

Transcript Highlights:
  • They're kept liquid and they're ready for you in the event of a downturn.
  • And that will not be taxable because our county government is not a taxable entity.
  • Similarly In income taxes, you have your gross income down to your net or taxable income.
  • Base either by taking income out of what's taxable income or taking receipts out of what are taxable
  • The tax base is the taxable value of the product.