Video & Transcript : 'tax' :
Page 64 of 500
FL
Florida 2025 Regular Session
Finance and Tax Feb 5th, 2025
Transcript Highlights:
- I WANT TO TALK A LITTLE BIT ABOUT WHAT IS TAX. WE TAX DIFFERENT ECONOMIC ACTIVITY.
- ALMOST WITH SALES AND USE TAX. 36 BILLION. AND A DISTANT SECOND WAS CORPORATE INCOME TAX.
- CONSIDER TAX POLICY.
- WE TAX.
- TAX MORE OR SPEND LESS.
WA
Washington 2025-2026 Regular Session
Senate Transportation Mar 4th, 2026
Transcript Highlights:
- portion and the use tax portion.
- luxury vehicle tax as well.
- Or is it going to be taxed again? You will, under the luxury tax provisions, you would be taxed.
- sales and use tax and any local sales and use taxes, that's the value that would be taxed.
- excise tax and registration fee increases.
Summary:
The Transportation Committee met in executive session on Gross Substitute House Bill 2711, a transportation resources measure, after a staff walkthrough of the Senate striking amendment S-5820.4. Staff explained that the striker largely replaced the bill with provisions from Senate Bill 6352 and related transportation revenue and policy changes, including updates to mobile driver’s licenses, account interest provisions, recreational vessel and luxury vehicle tax clarifications, peer-to-peer tax administration changes, fuel tax timing changes, aircraft fuel tax and account changes, bicycle education grants, ferry payment-card fee authority, traffic safety camera revenue and rebuttable presumption rules, online driver education regulation, transit annexation tax/liability clarification, Sound Transit 75-year bond authority limits, stolen copper protections for light rail and DOT communications infrastructure, and a highway contracting threshold change. Staff also reviewed fiscal impacts, including revenue gains from trade-in value clarifications and aircraft fuel changes, and losses from the diesel tax delay, motorhome exemption, and repeal of the luxury aircraft tax.
Members asked several clarifying questions, including the luxury RV tax threshold, how trade-in value is treated under the luxury vehicle tax, whether ferry debit-card fees are authorized, and the legality of passing card-processing fees to customers. Staff and counsel said the luxury vehicle tax applies to value over $100,000, trade-in value is added back for the luxury tax calculation, and the ferry provision is intended to clarify that both credit and debit card surcharges may be passed through. On the traffic safety camera section, staff described a revised approach that would require stronger proof from registered owners to rebut presumed responsibility, and on Sound Transit bonds, staff clarified that bonds over 40 years would be limited to federal transportation loan purposes and would affect eligibility for certain state grants.
After caucus, the committee returned to executive session, waived the amendment posting deadline under Senate Rule 45, adopted the striking amendment, and then voted to advance ESHB 2711 as amended with a do pass recommendation to the Rules Committee. The motion carried, and the chair thanked staff before adjourning the meeting.
MN
Transcript Highlights:
- This tax is...
- This tax is...
- This tax is...
- This tax is...
- This tax is... current tax exemption on air airport in current tax exemption on air airport in a<00:21
Committee:
Senate Taxes
AR
Arkansas 2026 Regular Session
REVENUE & TAXATION- HOUSE Jun 17th, 2026
REVENUE & TAXATION- HOUSE SALES, USE, MISC. TAXES & EXEMPTIONS SUBCOM.
Transcript Highlights:
- What it's looking to do is to move the tax on vehicles.
- Whoever sells it has to collect the tax at the point of sale.
- So there's no local sales tax on a new car?
- I know that we lowered the tax rate on the used cars. Mr.
- They still owe the sales tax on the transaction. The tax was owed at the time of purchase.
Summary:
The committee first approved special expenses incurred by the committee, then took up interim study proposals. ISP 2025-069, sponsored by Representative Perry and presented by Representative Eaton, would move collection of sales tax on motor vehicles from the current post-purchase registration process to the point of sale at dealerships. Committee members and DFA discussed the current 60-day registration/tax payment window, possible fiscal and programming impacts on DFA, the added administrative burden on dealers, verification and audit issues, and concerns about whether the change would improve or complicate tax collection. After questions, the committee voted to send the proposal to research/interim study.
The committee then considered ISP 2025-071, from Representative Ray, based on House Bill 1636, which would phase out the state excise tax on soda over five years if revenue triggers were met. Representative Ray explained the tax revenue supports the Medicaid trust fund and said the proposal was intended to continue discussion after the bill failed on the House floor in the regular session. Members asked about the annual revenue generated, the trust fund’s other revenue sources, and whether the revenue would be replaced. DFA was asked to provide additional information on how withdrawals from the Medicaid trust fund are authorized and whether the legislature has oversight. The committee then approved the proposal for interim study and adjourned.
WA
Washington 2025-2026 Regular Session
Legislative Republican Leaders Media Availability Feb 17th, 2026
Transcript Highlights:
- that in the B&O tax generation.
- It simply gives a few special interests some tax breaks and then, oddly enough, a sales tax reduction
- If there's an appetite to change a quote-unquote regressive tax system, you cut taxes for the people
- Property tax will be at the top of my list. Property tax would be at the top of my list.
- tax relief in anything.
Summary:
Washington Senate and House Republican leaders held a media availability focused on affordability, taxes, and government accountability as cutoff day approached. Senator John Braun and Representatives Peter Abbarno and April Connors criticized the Senate-passed income tax bill, arguing it is unconstitutional, would eventually expand beyond high earners, and should be stopped in the House. They also warned about a range of other tax proposals they said would raise costs for groceries, prescription drugs, data centers, startups, and businesses that employ people on Apple Health or Medicaid.
The lawmakers also highlighted concerns about energy policy, saying past decisions have driven up utility costs and forced more spending on low-income energy assistance. Abbarno criticized a bill affecting L&I funds and said money was diverted to CCA instead of education or health care. They also objected to several agency-expansion and enforcement bills, including an environmental crimes bill and an Attorney General investigations bill, saying they would centralize power in Olympia and discourage investment.
A major portion of the discussion centered on child welfare and DCYF accountability. Republicans said House Democrats blocked motions to bring child welfare bills to the floor, including measures tied to the Keeping Families Together Act and a bill to clarify “imminent harm,” and argued the Legislature should focus on child safety rather than process objections. In closing, Braun noted that a bipartisan fentanyl/endangerment bill, HB 5071, remains alive in the House, while Republicans said they would continue trying to stop tax increases and other bills they view as harmful before the cutoff deadline.
MN
Transcript Highlights:
- I pay federal tax, state tax, and self-employment tax.
- </c><00:17:45.760><c> tax,</c> I pay federal tax, state tax, I pay federal tax, state tax, um<00:17:48.720
- </c> income tax. income tax.
- /c><01:01:14.160><c> factor</c><01:01:14.640><c> of</c> tax capacity taxes by a factor of tax capacity
- </c> may not tax low-income individuals. may not tax low-income individuals.
Committee:
Senate Taxes
HI
Hawaii 2025 Regular Session
WAM, WAM, WAM Public Hearings 02-12-2025
Transcript Highlights:
- Tom Yamachika from Tax Foundation.
- Tom Yamachika from Tax Foundation.
- Tom Yamachika from Tax Foundation.
- Tom Yamachika from Tax Foundation.
- Tom Yamach from Tax Foundation.
Summary:
The committee heard testimony on a series of tax, budget, and policy bills. On SB 325 and SB 326, the Tax Foundation testified and the committee later recommended passage with amendments. SB 721, SB 1278, and SB 1465 also drew Tax Foundation testimony focused on technical corrections and effective-date issues; SB 1278 was strongly supported by the Hawaii Restaurant Association and other restaurant and business groups, who argued the bill should extend tax relief to the federal Restaurant Revitalization Fund because it served the same purpose as earlier COVID relief programs. A bar owner also testified in support, describing severe pandemic-related losses and lack of government assistance. The Department of Taxation asked about the estimated fiscal impact of SB 1278, which was stated to be about $16.8 million and not including interest.
The committee also considered SB 1464 through SB 1470, with the Tax Foundation supporting most of the conformity and tax measures and opposing SB 1465 as unnecessary. SB 1464 was recommended for passage unamended, SB 1465 with amendments, and SB 1466, SB 1467, and SB 1470 unamended. SB 1362 and SB 1363 were deferred so the administration could explore moving funds within the existing budget instead of using emergency appropriations. SB 1044 was amended to create a condominium loan program and special fund to finance essential repairs and improve insurability of condominium properties, with loans repaid over 20 years and the fund eventually sunsetted.
The committee also acted on several other measures: SB 533 was amended to remove an appropriation and require a local investor-owned utility to support schools affected by a planned public safety power shutoff program; SB 1117 was amended to define electric motorcycles and prohibit operation by those under 18; SB 1186 was amended to move a food-production working group to the Agribusiness Development Corporation and remove an appropriation; SB 1391 was amended to require a one-to-one match of state funds with private donations; and SB 1669 was amended with committee-report language noting concerns about jurisdictional definitions and board qualifications. Later, the committee recommitted SB 933 and SB 938 to Ways and Means after adopting proposed SD1 versions. Most measures were adopted unanimously, often with members voting no with reservation.
MN
Transcript Highlights:
- </c> tax refund for homeowners. tax refund for homeowners.
- </c><00:21:56.000><c> here</c> tax basically give give back taxes here tax basically give give back taxes
- </c> property tax levy. property tax levy.
- </c> the omnibus tax bill. the omnibus tax bill.
- Okay, so when I was a baby tax chair member or tax committee member... taxpayers paid the entire tax
Committee:
House Taxes
MN
Minnesota 2025-2026 Regular Session
House Transportation Finance and Policy Committee 1/22/25
Transportation Finance and Policy
Transcript Highlights:
- fuels tax indexing.
- Then you see the sales tax on auto parts is unchanged, and the rental tax.
- </c><00:24:26.840><c> these</c> recipient of tax the taxes off of these recipient of tax the taxes off
- in the Tax Committee, but we are talking about taxes on transportation.
- It’s not really a neutral tax; it’s taxing some and not taxing others.
Committee:
House Transportation Finance and Policy
AZ
Transcript Highlights:
- you can't abate the GPLET taxes.
- waiving the taxes of multiple other taxing jurisdictions — counties, community colleges...
- You're taking their taxes. You're taking my taxes. I don't live in this. You're taking my stat...
- You're taking their taxes. You're taking my taxes. I don't live in this.
- on secondary tax.
Committee:
Senate Senate Finance Committee of Reference
Summary:
The committee approved the February 2, 2026 minutes and held Senate Bill 1090. It then took up SB 1503, which would require pension fiduciaries and proxy advisory firms to base voting and advice solely on economic interests, prohibit ESG or ideological considerations except in limited circumstances, and authorize attorney general enforcement. The sponsor said the bill was meant to protect investors and align with federal action; supporters argued proxy advisors lack transparency and can influence votes against shareholders’ financial interests. Arizona retirement system representatives said they were neutral but warned the bill would add major operational costs, create reporting burdens, increase litigation risk, and could narrow the market for proxy advisory services. The committee passed SB 1503 on a 4-3 vote.
The committee then considered SB 1293, which would bar GPLET abatements from applying to school-district revenue during the eight-year abatement period. Supporters said the bill would protect school funding and reduce the state aid backfill tied to GPLET projects, while opponents from Phoenix, Mesa, and economic development groups said GPLET is a key redevelopment tool that helps finance downtown and blighted-area projects and that the bill would weaken future investment. The committee adopted the amendment and passed SB 1293 on a 4-3 vote. It also heard and passed SB 1414, which gives insurers 30 days to review and respond to third-party settlement demands; insurers supported the bill as a reasonable commercial timeframe, while trial lawyers opposed it as too slow and urged a 15-day standard, with members indicating they expected a possible friendly amendment.
Next, the committee heard SB 1633, which would create an Arizona income tax subtraction for capital gains from the sale of a primary residence, after five years of occupancy. Opponents argued it would mainly benefit wealthy homeowners and could cost the state tens of millions annually, while the sponsor said it could help homeowners move without facing large tax bills and improve housing turnover. The committee passed the bill 4-2. It also adopted an amendment to SB 1429, which would have expanded Arizona Commerce Authority board ex officio membership, then held the bill for further consideration. Finally, the committee passed SB 1536, allowing temporary consolidation of street light improvement districts, and heard SB 1724, which clarifies when property splits or consolidations trigger limited property value recalculation, with county assessors supporting the measure as an anti-gaming reform.
MN
Transcript Highlights:
- . tax. tax.
- </c> tax and sales tax. tax and sales tax.
- gas tax.
- </c><00:31:40.799><c> And</c> both sales tax and excise tax. And both sales tax and excise tax.
- tax.
Committee:
Senate Transportation
FL
Transcript Highlights:
- Now the tax collector then reviews that...
- a refund is if you have timely paid your taxes.
- due date of taxes, the tax collector may hold that refund application until the final date that taxes
- Each taxing authority must be sure that the...
- The tax collectors also.
Committee:
Senate Finance and Tax
Summary:
The Committee on Finance and Tax met with a quorum present and heard a presentation from Lissette Kelly of the Department of Revenue’s Property Tax Oversight Office on property tax relief for catastrophic events. Kelly reviewed existing statutory relief for homestead, non-homestead, commercial, and agricultural property owners, including extended rebuild timelines, preservation of homestead exemption during rehabilitation, agricultural classification protections, and the catastrophic event refund program for residential property that becomes uninhabitable. She also explained the refund process, the roles of property appraisers and tax collectors, and prior legislative reimbursements to local governments after storms such as Ian, Nicole, and Idalia.
Members asked about how portability works if a homeowner chooses not to rebuild, and Kelly said she would follow up with more detail. Senator Bernard also asked how residents learn about the refund application, and Kelly said property appraisers and tax collectors actively notify affected owners, including through mailings, FEMA and Red Cross sites, public service announcements, and outreach at community events. She said the property appraisers take the lead in promoting the program, with tax collectors also helping direct taxpayers to apply.
The chair noted that staff will distribute the department’s guide to offices before hurricane season and said the committee’s next meeting, during the first week of session, will focus on property taxes more broadly. Kelly said the department would be willing to review the process further and bring suggestions if needed. No votes were taken on legislation, and the committee adjourned without objection.
MO
Missouri 2026 Regular Session
Commerce Feb 18th, 2026
Commerce, Consumer Protection, Energy and the Environment
Transcript Highlights:
- Do you know what taxes are included in the tax credit?
- We have varying views on tax credits, tax incentives, etc.
- You have a mixture of tax incentives, tax abatements, tax deferrals, deregulation. ...interested parties
- You have a mixture of tax incentives, tax abatements, tax deferrals.
- A mixture of tax incentives, tax abatements, tax deferrals, deregulation.
Summary:
The Commerce Committee met in executive session and unanimously voted do pass on House Bill 1707, House Bill 2927, and House Committee Substitute for House Bill 2057. The committee then moved into public hearing on House Bill 1664, which would extend the civil statute of limitations for child sexual abuse claims from age 26 to age 41. Representative Brian Sites presented the bill as a needed step for survivors, and multiple witnesses and organizations testified in support, including survivors and advocacy, tort reform, chamber, and insurance groups. No opposition was heard, and the hearing concluded without a vote.
The committee also heard House Bill 1845, a startup and angel investor tax credit proposal sponsored by Representative Gallick. The bill would create incentives for Missouri-based startups under $5 million in revenue, with higher credits for rural investment, annual caps, oversight by the Missouri Technology Corporation, and a sunset in 2033. Members questioned what taxes the credit would apply to, how it would work if Missouri changes its income tax structure, and what safeguards would prevent businesses from leaving after receiving credits. Business and economic development groups testified in support, saying the bill would help fill an early-stage capital gap and keep investment in Missouri.
Finally, the committee heard House Bill 3231, a broad economic development and “Missouri Innovation Zone” proposal sponsored by Representative Brad Christ. The bill would let cities opt in to create innovation zones with local permitting and governance changes, tax incentives, office-to-residential conversion tools, and reinvestment of net new revenues into public safety, infrastructure, and a rural development fund. Members and witnesses discussed local control, prevailing wage, revenue diversion, and implementation concerns, especially from the City of St. Louis and labor groups, while chambers, developers, municipal groups, and historic revitalization advocates generally supported the concept. The hearing ended with no opposition testimony and no committee vote on the bill.
MN
Transcript Highlights:
- Welcome to the Taxes Committee.
- post welcome to the taxes committee uh post welcome to the taxes committee uh Senator<00:02:43.800><c
- Paul. their tax capacity derivative market their tax capacity derivative market value<00:23:16.240><c
- prevent tax forfeiture.
- </c> taxes over time to prevent tax taxes over time to prevent tax forfeiture<00:31:50.880><c> the</c
Committee:
Senate Taxes
MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 3/12/26
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- tax policies contained within the federal tax bill.
- The CBO produces tax incidence for federal taxes.
- We have a 9.875% sales tax. You have some payroll taxes. You may have some income tax.
- </c> sales tax. You have some payroll taxes. sales tax. You have some payroll taxes.
- But for tax reasons, they move some money into a Minnesota income tax-free.
MO
Transcript Highlights:
- It's pro-family tax policy.
- Is this a refundable tax credit? No, it's a tax deduction. Tax deduction. Yes, right. Okay. Okay.
- No, it's a tax deduction. Tax deduction. Okay. And it's a one-time deduction also. All right.
- I mean, the income tax would just shift to a sales tax or some other type of tax.
- The next one was the New Markets Tax Credit.
Committee:
House Ways and Means
Summary:
The House Ways and Means Committee met in executive session and first took up Senate Bill 994. Members adopted a House committee substitute and a related amendment that removed conflicting language and added a federal tax filing reference. The committee then voted the House committee substitute do pass on an 8-0 roll call, with one member absent.
The committee next considered House Bill 2461, with discussion indicating the bill was being rolled together with related bills and that the amendment would extend, not eliminate, a sunset on a tax credit at a 50% level. After adopting the amendment and substitute language, the committee voted the House committee substitute do pass by a 6-2 vote. The transcript also notes procedural action to roll in other bill language before the final vote.
In public hearing, the committee heard Senate Substitute for Senate Bill 1032, which would allow a one-time $2,400 state income tax deduction for each child born or adopted in the tax year beginning after January 1, 2027. Senator Moon described it as pro-family tax policy, and Missouri Right to Life testified in support, saying it would help families choose life and offset early child-rearing costs. Members questioned the policy rationale, whether the deduction should be refundable or recurring, and the estimated fiscal impact, but no vote was taken on the bill.
The committee also heard House Bill 3329, which would repeal a long list of expired or unused tax credits and clean up outdated statutory language. Representative Thompson and the Department of Revenue supported the bill as a way to reduce administrative burden and eliminate obsolete credits from the books. No opposition testimony was offered, and the hearing concluded without further action before adjournment.
MO
Transcript Highlights:
- rebate or a property tax rebate or must have been some type of tax rebate.
- Tax rebate or property tax rebate or must have been some type of tax rebate.
- Do you know what taxes are included in the tax credit?
- Do you know what taxes are included in the tax credit?
- So a tax credit, can you explain briefly how you're aware of a tax credit?
WA
Washington 2025-2026 Regular Session
Legislative Republican Leaders Media Availability Jan 20th, 2026
Transcript Highlights:
- The most regressive tax in our state's inventory is the cigarette tax.
- There's been a lot of taxes proposed. You mentioned the cigarette tax.
- But our tax code is so schizophrenic, we are taxing the less harmful activity more than we're taxing
- Airbnb tax, ...pushing, a cell phone line tax, Airbnb tax, authorization of a new county B&O tax, animal
- control tax, a new tax on your utilities to fund a wildfire mitigation fund.
Summary:
Republican legislative leaders used the availability to focus on affordability, budget pressures, and opposition to several Democratic tax proposals. They criticized a circulating draft income tax proposal as a de facto small-business tax, arguing it would hurt LLCs, S corporations, housing investment, and the broader economy. They also attacked a proposed tire fee, a possible cigarette tax increase, and other tax ideas as regressive or hidden from consumers, while saying Republicans would not support any tax increases and urging budget cuts and spending restraint instead.
The leaders said they planned to raise these concerns in an upcoming meeting with Governor Ferguson, along with questions about his budget and how he reconciles prior opposition to a wealth tax with support for an income tax. They also discussed a bill to make it harder to qualify initiatives for the legislature, calling it anti-democratic, and said the majority was ignoring or undermining voter-driven policy efforts. On child welfare, they criticized DCYF oversight and supported stronger accountability, including a bill to fix the state’s “imminent harm” standard and another proposal to stop the state from collecting certain federal disability and survivor benefits from foster youth.
Other topics included tort liability reform, where Republicans said the state’s repeated failures in child welfare and juvenile rehabilitation are the underlying problem, not just the cost of claims, though they were open to limited reforms such as disclosure of litigation financing. They also discussed the 340B drug pricing program, saying it is complicated and could affect hospitals, FQHCs, patients, and pharmaceutical innovation. On public safety and technology, they expressed cautious support for bills regulating kids’ social media and AI use, but stressed First Amendment concerns and the need to avoid private rights of action; they were more skeptical of a bill limiting police retention of automatic license plate reader data, saying law enforcement needs effective tools to solve crimes. No votes were taken, and the event ended with Republicans reiterating that affordability was their top priority.
MN
Transcript Highlights:
- </c> that rely on um property tax levies. that rely on um property tax levies.
- </c> tax bill. tax bill.
- </c> 2026 tax bill. 2026 tax bill.
- tax and a 3% sales tax, apply only in the downtown taxing area, which is defined in state statute and
- tax and a 3% sales tax, apply only in the downtown taxing area, which is defined in state statute and
Committee:
House Taxes
NM
New Mexico 2025 Regular Session
House - Taxation and Revenue Mar 21st, 2025
House Taxation & Revenue
Transcript Highlights:
- and tax policy and tax package and how the House and Senate have come together to try to work out some
- employment tax credit, Senate Bill 111, local news printer tax credit.
- Uh, Senator shares liquor excise tax. And that that liquor excise tax directs funds.
- tax package.
- the benefits in this tax package by way of uh imposing a 28000% tax on gasoline.
Committee:
House House Taxation & Revenue