Video & Transcript Research : 'Internal Revenue Code'

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TX
Transcript Highlights:
  • Those costs are internalized into the cost of the hotel.
  • That language has been in the tax code for many, many years.
  • Just to note that there's a positive revenue that the state will be receiving.
  • , with the rest of the Permian Basin producing $5.8 billion in severance tax revenue.
  • tax revenue from establishments located on city-owned land within that 1,000-foot zone.
MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 3/12/26

Education Finance

Transcript Highlights:
  • Uh it's coded 1099-3A. Uh it's coded 1099-3A.
  • additional revenue on special education. additional revenue on special education.
  • students from two different zip codes. students from two different zip codes.
  • code of 55331. 55331. 55331.
  • I'm in seventh period... revenue time. There is inequity in revenue time.
TX

Texas 89th 2nd C.S.

Transportation Apr 24th, 2025

Transportation

Transcript Highlights:
  • So, You want to amend the Galveston Code, and I think 66.002 amends the Houston code.
  • Texas International Terminals is supporting this, and Marathon is supporting us.
  • We are begging you to please consider this simple change to existing transportation code.
  • Is that, is that one way that they do it now and that's currently in the code?
  • I don't have the code up in front of me.
TX

Texas 89th Regular

Transportation Apr 24th, 2025

Transportation

Transcript Highlights:
  • This is Transportation Code 284.0031.
  • The other thing too is that I did want to point out that the code, the transportation code on what was
  • From 2010 to 2020, their revenues increased 54%.
  • in one year, and those are all of our revenues.
  • Can sustain a 25% hit in its revenue.
TX

Texas 89th Regular

Transportation Apr 24th, 2025

Transportation

Transcript Highlights:
  • straightforward bill that updates the definition of a Galveston County Port in the Transportation Code
  • work with you in looking at this. ...bill, and one of the things up here on my phone looking at the code
  • So you want to amend the Galveston code, and I think 6.6.002 amends the Houston code.
  • If the bill moves forward, we will put a substitute and put that in the right section of the code. 100%
  • Additionally, as you can see in the color-coded route handout, several navigation routes in the region
TX

Texas 89th Regular

Pensions, Investments & Financial Services Mar 17th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • This theft also robs Texas of vital tax revenue, undermining our state's economic stability.
  • to the criminal code procedure.
  • card information to subchapter F, chapter 13A of the Code of Criminal Procedure.
  • And it's just simply to add this to the criminal code of procedure.
  • I'm with Service Corporation International.
TX

Texas 89th Regular

Ways & Means May 12th, 2025

Ways & Means

Transcript Highlights:
  • Senate Bill 2779 addresses revenues or placing conditions that are inconsistent with state law.
  • The statute clearly outlines how hot tax revenue may be used.
  • And so as I understand your bill, all it is doing is telling these folks to use the revenue for what
  • These measures will help to prevent the misuse of funds and ensure that revenue is used appropriately
  • Senate Bill 1030 removes a significant obstacle in the tax code to allow further expansion of Texas's
MN
TX

Texas 89th Regular

Ways & Means Mar 24th, 2025

Ways & Means

Transcript Highlights:
  • Would that be constructed internally? Is it something you work with DIR on or put it out for bid?
  • Our plan right now is to construct that internally.
  • Their property tax exempt status under the Texas Tax Code.
  • Bill 2025 aims to correct this by clarifying and updating relevant provisions of the tax code.
  • The standard that applies to others in the tax code; we're simply adapting it to this purpose.
MN

Minnesota 2025-2026 Regular Session

House Energy Finance and Policy Committee 3/10/26

Energy Finance and Policy

Transcript Highlights:
  • Certain cooperative electric associations to report annually the total revenue authorized by regulators
  • and the revenue actually collected from consumers.
  • understand how authorized revenues compare to what customers actually pay.
  • understand how authorized revenues compare to what customers actually pay.
  • And it totals them into what's called an approved revenue requirement.
Summary: The committee approved the March 5, 2026 minutes and then took up House File 3458, as amended, which would exempt tribes from utility exclusive rights and assigned service areas. The bill’s author and the Upper Sioux community chairman said the measure was prompted by a dispute over a solar project at the tribal casino and argued the issue is really about tribal sovereignty, not solar, citing tribal civil regulatory authority and prior court cases. The amendment A1 was adopted before testimony. Testimony was split. Chairman Kevin Jensel of the Upper Sioux community strongly supported the bill, saying the tribe should not be forced to follow utility service territories and that the state should correct a long-standing omission in law. Derek Mo of the Minnesota Rural Electric Association opposed the bill, warning it would undermine the regulatory compact, reliability, long-term planning, and financing for electric service, especially in tribal areas. Justin Johns of East Central Energy also opposed the bill, but emphasized that many cooperatives have productive tribal partnerships and said his co-op has worked successfully with the Mille Lacs Band on solar, resilience, and workforce efforts; he cautioned that removing service obligations could leave difficult-to-serve areas underinvested. Members discussed whether the Public Utilities Commission process already underway should be allowed to resolve the dispute and whether the bill’s scope could extend beyond the current solar issue. The chair responded that the bill was a legislative approach to a problem that had not been resolved and said the amendment addressed concerns about removing the obligation to serve. A roll call was requested, and the committee voted to re-refer House File 3458, as amended, to the General Register.
TX
Transcript Highlights:
  • Clerk: HCR number 3 by Craddick, Children's Emergency Relief International.
  • Adding Chapter 446 to the Health and Safety Code, the Texas State Board of Pharmacy will adopt rules
  • who is trying to fulfill their prescription, or is this something that they would just need to, as internal
  • My suggestion would be that the Texas Board of Pharmacy have this as an internal provision where the
  • Chapter 429 of the Government Code, which governs Homeland Security operations directly.
Bills: HB25, HB48, HB149, HB254, HB26, HB192
TX
Transcript Highlights:
  • I'm the Director of the Gulf Coast Programs for the International Crane Foundation.
  • Therefore, the International Crane Foundation advocates for... for appropriate siting of wind energy.
  • natural resources code.
  • While EVs are a growing part of the market today, many Texans still rely on internal combustion engine
  • And lastly, to find... ...engine and energy source to align with existing definitions in the code.
TX

Texas 89th Regular

Local Government (Part II) May 26th, 2025

Local Government

Summary: The Senate Local Government Committee briefly convened and then immediately moved to recess. Senator Paxton made a motion to recess subject to the call of the chair, which was accepted. No bills, testimony, or substantive policy issues were discussed during the meeting. With no other business before the committee, it stood in recess subject to the call of the chair.
TX

Texas 89th Regular

Local Government (Part I) May 26th, 2025

Local Government

Transcript Highlights:
  • In this case, there's a revenue stream, but it's not property taxes.
  • They securitize the revenue from the meters, from the water systems they put in.
  • The revenue securitization piece of that is where SUDs will get a different look.
  • All right, you've got a hotel definition under the tax code.
  • Instead, it would have the ability to issue bonds secured by district revenue.
Summary: The committee heard and discussed several local-government-related bills, mostly with committee substitutes. House Bill 2731 would let certain border counties regulate roadside vendors selling live animals in unincorporated areas and along public rights-of-way; the substitute narrowed the bill to live animal sales only and excluded livestock and other roadside commerce. House Bill 3483 would streamline TCEQ review of special utility district revenue bonds by removing tax-bond requirements that do not apply to SUDs. House Bill 4308 would create a county industrial development district framework, limited in the substitute to certain counties including Fort Bend County, to help finance industrial sites and related infrastructure. House Bill 5663 would create a Wood County Hospital District memory-care-focused district with no taxing power, intended to help pursue grants and other funding for a new facility. House Bill 4582 addressed attainable housing in Dallas and Tarrant counties, allowing local reimbursement tools for developers under a uniform, optional framework. House Bill 5509 would let municipalities suspend or revoke a hotel’s certificate of occupancy if law enforcement and a criminal court both find probable cause of human trafficking, with the substitute adding due-process protections. House Bill 1532 created a Lake Houston dredging and maintenance district funded by revenue from dredged material sales and revenue bonds, with no taxing authority or eminent domain. House Bill 23, heard as pending business, would revise the process for local governments to rescind development documents and adjust third-party reviewer liability and eligibility rules. House Bill 4580, concerning property tax exemptions for charitable organizations such as the Houston Rodeo, was amended to remove language about exempting revenue from property use and instead focus on land used for agricultural, youth, and educational support. Public testimony was generally supportive on the bills heard, with witnesses including county officials, utility and water association representatives, hotel industry representatives, and housing developers. Several speakers emphasized the need for faster financing or permitting tools, flood mitigation, housing affordability, anti-trafficking enforcement, or local economic development. Some members raised concerns about scope, precedent, consultation with affected senators, and due process, particularly on House Bill 4582 and House Bill 5509, but the committee largely accepted the committee substitutes as improvements. No public testimony was offered on several bills, and most measures were left pending before later being voted out. The committee took recorded votes on multiple pending bills and reported them favorably, often with committee substitutes adopted in lieu of the filed versions. House Bills 1532, 2731, 3483, 5509, 5663, and 4580 were reported out, with 1532 and 5663 passing unanimously and 3483, 2731, and 5509 also receiving favorable votes despite one present-not-voting on 3483. House Bill 23 and House Bill 4582 were left pending subject to call of the chair. The committee then recessed until adjournment or later.
TX

Texas 89th Regular

Intergovernmental Affairs Mar 18th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • The lost revenue from this one complex to our city is approximately 2.9% of our total property tax revenue
  • As you know, municipalities rely on this revenue.
  • That's about $700,000 in tax revenue for the City of Irving and about $3 million in tax revenue to all
  • Over 30% of your property tax revenue goes to service that debt.
  • Daz's bill urging Congress to amend the Internal Revenue Code to make space for tax-exempt private activity