Video & Transcript Research : 'Tax Code Chapter 11'

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AL

Alabama 2025 Regular Session

Alabama Senate Finance and Taxation General Fund Committee Apr 23rd, 2025

Finance and Taxation General Fund

Transcript Highlights:
  • Welcome to our tax and finance general fund meeting this morning.
  • And this bill just reclassifies this and makes sure that it's um regulated and taxed at a risk-related
  • That it's why it's not taxed at a tobacco rate, but it's at a lower rate because it's lower risk and
  • Because I wasn't quite understanding how we tax tobacco products and I understand there...
  • Under this bill, we already have the highest tax rate of any surrounding state. Is that correct?
HI
Keywords: HI House YouTube, https://www.youtube.com/watch?v=-N7FrcNPBzc, 2026-07-02T01:22:43+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/sessions/session2023/hearingnotices/HEARING_HLT-HUS_02-10-23_.pdf Followed by ECD-HLT 9:05am Agenda: https://www.capitol.hawaii.gov/sessions/session2023/hearingnotices/HEARING_ECD-HLT_02-10-23_.pdf Then followed by HLT-ECD 9:10am Agenda: https://www.capitol.hawaii.gov/sessions/session2023/hearingnotices/HEARING_HLT-ECD_02-10-23_.pdf Then followed by HLT 10:00am Agenda: https://www.capitol.hawaii.gov/sessions/session2023/hearingnotices/HEARING_HLT_02-10-23_.pdf Then followed by HSG-HLT 11:15am Agenda: https://www.capitol.hawaii.gov/sessions/session2023/hearingnotices/HEARING_HSG-HLT_02-10-23_.pdf Then followed by HLT-HSG 11:20am Agenda: https://www.capitol.hawaii.gov/sessions/session2023/hearingnotices/HEARING_HLT-HSG_02-10-23_.pdf Then followed by HLT 11:30am Decision Making: https://www.capitol.hawaii.gov/sessions/session2023/hearingnotices/HEARING_HLT_02-10-23_2_.pdf Timestamps: 13:27 - Introduction to HLT/HUS 9:00AM 14:12 - HB897 18:19 - HB900 23:15 - HB1308 33:41 - HB1309 ------- 49:31 - Introduction to ECD/HLT 9:05AM 49:45 - HB1050 ------- 58:13 - Introduction to HLT/ECD 9:10AM 58:21 - HB662 ------- 1:14:04 - Reconvene on HLT/HUS 9:00AM 1:14:40 - HB1309 (cont'd) 1:16:56 - HB1488 1:21:07 - HB1491 ------- 1:40:10 - Introduction to HLT 10:00AM 1:40:24 - HB180 1:43:47 - HB440 1:47:59 - HB1396 1:50:32 - HB378 ------- 2:00:13 - Decision Making on ECD/HLT 9:05AM ------- 2:02:51 - Decision Making on HLT/ECD 9:10AM ------- 2:05:05 - Reconvene on HLT 10:00AM 2:05:14 - HB378 (cont'd) 2:26:29 - HB882 2:27:19 - HB1337 2:42:57 - HB1296 2:44:08 - HB322 2:46:08 - HB519 2:56:45 - HB617 ------- 2:58:37 - Introduction to HSG/HLT 11:15AM 2:58:51 - HB671 3:01:47 - HB1397 3:05:24 - Decision Making on HSG/HLT 11:15AM ------- 3:10:14 - Introduction to HLT/HSG 11:20AM Joint 3:10:21 - HB788 3:10:54 - Decision Making on HLT/HSG 11:20AM ------- 3:10:59 - Reconvene on HLT 10:00AM 3:11:04 - HB617 (cont'd) 3:13:37 - HB885 3:14:20 - HB884 3:15:20 - Decision Making HLT 10:00AM (deferred to 2/15/23) ------- 3:17:05 - Decision Making on HLT/HUS 9:00AM ------- 3:21:48 - HLT 11:30AM (Decision Making for HB278), 910, house, all, 2.2.42, 2.1.47
MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 2/25/25

Education Finance

Transcript Highlights:
  • :01.880> is<01:11:02.040> not<01:11:02.280> adding<01:11:02.679> up<01:11
  • 07.040> and<01:11:07.400> if<01:11:07.520> you<01:11:07.640> don't<01:11:
  • ><01:11:10.920> the<01:11:11.040> program<01:11:11.800> everybody<01:11:12.159><
  • showed up some<01:11:13.360> of<01:11:13.520> these<01:11:13.719> things<01:11:
  • <01:11:17.159> the<01:11:17.280> feds<01:11:17.640> came<01:11:17.800> in
Bills: HF1, HF779, HF1034
AZ

Arizona 2026 Regular Session

03/16/2026 - Senate Finance

Finance

Transcript Highlights:
  • that they don't owe any taxes.
  • The bill also adds the estimated tax impact of an increase in property taxes on a home valued at $300,000
  • The bill also adds the estimated tax impact of an increase in property taxes on a home valued at $300,000
  • the tax consequence on a $100,000 home as well as the tax impact on a $300,000 home, which is more in
  • the tax consequence on a $100,000 home as well as the tax impact on a $300,000 home, which is more in
Summary: The committee first approved the March 9, 2026 minutes and held House Bills 29 and 2939 at the sponsor’s request. It then took up House Bill 2016, which would eliminate the late-filing penalty for taxpayers with zero income tax liability; after discussion about whether taxpayers still need to file to establish that they owe nothing, the committee adopted an amendment narrowing the bill to income tax filers and passed the bill 4-3. The Department of Revenue said it was neutral on the bill but supported the amendment. The committee next heard House Bill 2289, which updates the property-value examples used in bond/override election pamphlets and truth-in-taxation notices from older low values to $300,000. Supporters said the figures are outdated and should better reflect current home values; opponents questioned whether $300,000 was the best benchmark and whether adding another example would confuse voters. The bill passed 4-3. The committee also approved House Bill 4103, which bars school districts from calling bond elections if enrollment is below 50% of capacity. Supporters argued districts should use or monetize excess space before asking taxpayers for more debt, while school administrators and others said the measure would block needed maintenance, safety upgrades, and local decision-making. It passed 4-3. Two related agricultural property bills, House Bills 2104 and 2105, were both amended and passed 4-3. HB 2104 creates a four-year period after a successful agricultural property tax appeal during which assessors generally may not reclassify or reinspect the property absent changes in use, ownership, splits, or improvements. HB 2105 requires advance notice of inspections and inspection reports and provides a three-year inspection exemption after the most recent inspection, with similar exceptions. Farm and ranch groups said the bills provide fairness and certainty after successful appeals; county assessors opposed them as limiting oversight and creating unequal treatment. The committee also passed House Bill 2256 unanimously, which sets notice and title procedures for salvage auction dealers when insurance claims are denied or unpaid, and House Bill 2979 unanimously, which updates credit union regulatory timelines and procedures. Later, the committee passed House Bill 2996 unanimously, clarifying that certificates of insurance are informational only and cannot expand coverage or rights, with penalties for misrepresentations. It also heard House Bill 2174, which renames and updates regulation of insurance modeling and data organizations, requires model filings, and revises related reinsurance provisions; the discussion focused on how DIFI would regulate models versus the companies that create them, but no vote was taken in the portion provided. Finally, House Bill 2477 was introduced to conform Arizona’s 529 plan to federal law by increasing the K-12 withdrawal limit to $20,000, adding post-secondary credentialing expenses, and allowing rollovers to ABLE accounts and Roth IRAs if requirements are met; the sponsor and Treasurer’s Office supported it as a cleanup/conformity measure, and discussion began on how the new rollover options would work.
AZ

Arizona 2026 Regular Session

03/25/2026 - House Ways & Means

Ways & Means

Transcript Highlights:
  • They say that we're going to intend to align our tax code with the federal tax code.
  • Every year, the federal tax code gets adjusted, sometimes oftentimes.
  • The reference to the tax code in effect as of January 1st, 2025, could have said the tax years beginning
  • We just offset the tax increase elsewhere in the code, you know, below the line, essentially.
  • code aligns with the tax code of that year, then the department will be forced to amend the returns
Summary: The House Ways and Means Committee considered a series of Senate bills and one concurrent resolution, with several measures involving virtual currency, county tax liens, tax conformity, and retirement system investments. The chair announced that Senate Bill 1503 would be held at the sponsor’s request and noted this was likely the committee’s last meeting of the session. The committee also heard testimony on Senate Bill 1042, which would allow state treasurer and retirement system funds to invest up to 10% in virtual currency holdings, and Senate Bill 1043, which would allow state agencies to accept virtual currency payments through agreements with providers. Members raised concerns about volatility and government involvement, but both bills were described as permissive rather than mandatory and were returned with due pass recommendations by 5-3 votes. The committee then took up Senate Bill 1067, dealing with county cleanup assessments for blighted properties in unincorporated areas. Chairman Olson offered an amendment removing the bill’s property-tax-bill mechanism and instead preserving county liens so cleanup costs could survive a tax lien sale. County representatives and the County Supervisors Association supported the amended approach as a way to recover costs and make counties whole. The amendment was adopted unanimously, and the bill as amended passed 8-0. Senate Bill 1292, clarifying that the Public Safety Personnel Retirement System’s 5% voting-stock cap applies to publicly traded corporations, also passed with broad support after testimony from PSPRS. Two tax-administration bills prompted extended debate. Senate Bill 1180 would direct the Department of Revenue to prepare tax forms based on conformity to the Internal Revenue Code unless the legislature enacts nonconformity; Chairman Olson’s amendment limited the presumption to provisions that reduce federal adjusted gross income or taxable income, reflecting concerns about automatic tax increases. The sponsor said the bill was meant to clarify legislative intent and prevent executive overreach, while several members said the amended version was materially different from the original. The amendment and the bill as amended both passed 5-3. Senate Bill 1221 would require DOR to notify the House Ways and Means and Senate Finance chairs before adopting new interpretations or applications of tax law that adversely affect taxpayers and to testify if hearings are held; an intent amendment was adopted, and the bill passed 5-3 amid debate over the meaning of “adversely.” Finally, Senate Concurrent Resolution 1033, which encourages the Arizona State Retirement System and PSPRS to monitor digital asset exchange-traded funds and report on feasibility, risks, and benefits before the next session, was approved 5-3. Some members objected to the use of “encourage” and to the underlying cryptocurrency policy, while supporters said the resolution simply sought information and did not mandate investment. The committee then adjourned.
AL

Alabama 2026 1st Special Session

Alabama Senate Fiscal Responsibility and Economic Development Committee Feb 4th, 2026

Fiscal Responsibility and Economic Development

Transcript Highlights:
  • >> Yeah.<00:11:06.240> SB<00:11:06.959> 183<00:11:07.519> Coleman.
  • We've<00:11:29.440> been<00:11:29.600> braiding<00:11:29.920> here<00:11:30.160>
  • <00:11:32.640> And<00:11:32.800> it<00:11:32.959> puts<00:11:33.200> us
  • And it puts us in line<00:11:33.920> with<00:11:34.240> 30<00:11:34.880> 37<00:11
  • <00:11:38.480> Favorable<00:11:39.519> Weaver<00:11:40.399> second.
AL

Alabama 2025 Regular Session

Alabama House Ways and Means General Fund Committee Mar 5th, 2025

Ways and Means General Fund

Transcript Highlights:
  • This bill proposes a significantly lower tax rate on heated... significantly lower tax rate on heated
  • HB 357 proposes a tax on heated tobacco products at a rate... tax on heated tobacco products at a rate
  • That's just a sales tax on the device.
  • Placing a lower excise tax on less... ...placing a lower excise tax on less harmful products is perfectly
  • Um, if this was taxed at the rate we would be actually advocating for a higher tax on these products.
AL

Alabama 2026 1st Special Session

Alabama Senate County and Municipal Government Committee Feb 17th, 2026

County and Municipal Government

Transcript Highlights:
  • was absolutely taxed in Prull on.
  • was absolutely taxed in Prattville.
  • was absolutely taxed in Prattville.
  • absolutely taxed in Prattville.
  • Usually, their costs are too, but this is a gross receipt tax.
Bills: HB268, SB279, SB304, SB303, SB298
OK
Transcript Highlights:
  • There's 11 cogs in the state. Everybody has one that their county sits within a cog.
  • And one of these 11 cogs, all of these cogs have what we call fire coordinators.
  • And there's 11 of them, right? For the director to pay a salary and to run this position.
  • It would just be 11 per area. Does that answer your question?
  • There is a $30 million physical impact of the tax.
TX
Transcript Highlights:
  • House Bill 2127, as well as three new codes: the elections code, the penal code, and in our committee
  • substitute, the health and safety code.
  • ... re-empted codes.
  • State funding to us, cap our property taxes, and withhold our sales taxes: it's both unnecessary and
  • But if it isn't, sales taxes are a key part of our budget.
TX

Texas 89th 2nd C.S.

Senate Session Aug 19th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • Senate Bill 10 relating to the calculation of the voter approval tax rate for certain taxing units.
  • I know property taxes remain one of the main concerns.
  • They pay for these things with property taxes.
  • In public education, we did a significant property tax cut.
  • Their only recourse is to go to tax ratification elections.
TX

Texas 89th Regular

Trade, Workforce & Economic Development May 21st, 2025

Trade, Workforce & Economic Development

Transcript Highlights:
  • And then, two, I never voted for the Code of Ethics 10.5 rules.
  • Our code prohibits discrimination by real estate professionals.
  • And that is what our code of conduct addresses.
  • Of our code.
  • There's a definition in Chapter 51 of the Occupations Code that defines a trade association.
TX

Texas 89th 2nd C.S.

Natural Resources May 7th, 2025

Natural Resources

Transcript Highlights:
  • Regarding the question on the elections, we follow the Texas Election Code.
  • simplified complaint process specifically for disputes filed under existing provisions of the Water Code
  • meters or measuring devices, even though they are exempt from permitting under existing Texas Water Code
  • 36 of the Water Code.
  • The committee substitute changes Section 562.051 of the Local Government Code to narrow the scope of
Summary: The Committee on Natural Resources heard testimony on a series of water, utility, and groundwater-related bills. Early items included HB 5693, which would let Drainage District 7 hold board elections in November of odd-numbered years when a countywide election is occurring, and HB 5671, which would update the Johnson County Special Utility District by clarifying board eligibility, allowing bond issuance, and removing redundant TCEQ approval language to reduce costs and delays. Both bills were left pending after brief testimony from bill sponsors and local witnesses. The committee also heard SB 1504, which would update the Gulf Coast Authority to allow video-conference participation in meetings, and SB 1302, aimed at closing a TCEQ permitting loophole that allowed dischargers with prior denials or suspensions to reapply through an automated process without meaningful review. SB 2692 drew substantial discussion: it would change the signature threshold for outside-city-limits customers appealing municipal utility rates to the PUC by customer class. Valero supported the bill as a way to avoid requiring large-volume users to gather signatures from unrelated residential customers, while the City of Corpus Christi opposed it, arguing that lowering the threshold to one customer could trigger expensive appeals costing $500,000 to $1 million. A PUC witness said such cases are increasing and that the agency would need additional staff under the fiscal note. SB 790, creating a simplified PUC complaint process for small water and wastewater billing disputes, and SB 1663, expanding TCEQ notice requirements for nearby residents when groundwater contamination is discovered, were also heard and left pending. Additional bills included HB 3115, clarifying that the Cow Creek Groundwater Conservation District cannot require meters on exempt domestic or livestock wells; SB 1055, raising the Southeast Texas Groundwater Conservation District’s production fee cap from 1 cent to 7 cents per 1,000 gallons; and SB 1625, requiring private water and wastewater utilities to report cybersecurity incidents to TCEQ and DIR. The committee then took up pending business and adopted a substitute for SB 7, which made several changes to water fund use, eminent domain coordination, and EDAP-related provisions, and voted 10-0 to report it favorably. The committee also adopted a substitute for HB 2347, a county water conservation program bill, and reported it favorably 9-1. HB 5675 and SB 2476 were each reported favorably 10-0. The meeting concluded with adjournment.