Video & Transcript Research : 'deductions'
Page 6 of 90
MO
Transcript Highlights:
- It further explains who can claim the deduction, that it can only be claimed one time per child, and
- And when all is said and done, of course, that's just the deduction, so it would be much less than that
- But I think if you have 10 children, you could claim 10 deductions, as long as...
- A $2,400 tax deduction? Yeah, that's fine with me.
- Being a $2,400 tax deduction, based on our current tax rate of 4.7 percent, you will pay $112.80 less
ND
North Dakota 2025-2026 Regular Session
House Floor Session Apr 16th, 2025 at 12:30 pm
North Dakota House Floor Meeting
Transcript Highlights:
- , you'd rather have a higher deductible so that you could have lower premiums.
- , you'd rather have a higher deductible so that you could have lower premiums. pay that deductible.
- You'd rather have a higher deductible so that you could have lower premiums.
- And they just go, 'I'll just stick with the low-deductible plan.' The reality is...
- Picture $15,000 out-of-pocket maximums and $7,500 deductibles.
Summary:
The House convened with prayer, roll call, and a quorum present, then took up several procedural motions, including suspending House rules for three legislative days and replacing conference committee members on Senate Bill 2282 and SCR 4007. The chamber also recognized visiting student groups from Grafton/Pleasant Valley and Shiloh School. Later, the House agreed to several conference committee reports and moved a number of measures through final passage or final disposition.
House Bill 1428, which would have created a sales tax exemption for clothing sold by thrift stores or nonprofit corporations, drew extensive debate over tax policy, revenue loss, and possible conflicts with streamlined sales tax rules. Supporters argued it would help lower-income shoppers and nonprofit thrift stores, while opponents said it created an unfair advantage and could reduce state and local revenue. The conference report was adopted, but the bill ultimately failed on final vote, 37-54. House Bill 1440, relating to cigar lounges, was amended in conference and then passed 75-17. House Bill 1460, concerning adult foster care for private-pay adults, electronic monitoring, and a legislative study, was also adopted and passed overwhelmingly, 91-1.
The House then passed Senate Bill 2224, which revises gaming commission structure and gaming stamp requirements, adds Attorney General enforcement provisions, and includes a $25,000 general fund appropriation, by a vote of 88-0. Senate Bill 2327, which expands uses of the agriculture diversification and development fund and appropriates $15 million to it, passed 74-17 after a member was excused from voting due to a personal interest. Senate Bill 2267, creating a regulatory framework for on-site wastewater treatment systems and shifting licensing authority to the Department of Environmental Quality, passed 82-10, and Senate Bill 2276, addressing joint water resource boards for cross-county projects, passed 90-1.
The most contentious debate centered on Senate Bill 2160, which would move the state employee health plan from grandfathered status to a non-grandfathered ACA-compliant plan and appropriate about $6.6 million for the transition. Supporters said it would give the PERS board more flexibility, expand preventive and other benefits, and potentially slow premium growth without charging employees premiums. Opponents warned it could raise out-of-pocket costs, add mandated benefits, and shift costs to employees, while also arguing the bill had not been adequately studied. After extended debate, the House passed SB 2160 by a vote of 55-37. The chamber also concurred in Senate amendments to House Bill 1318, a pesticide labeling bill, and placed it on final passage, but the transcript ends before the final vote on that measure.
AZ
Transcript Highlights:
- Over 105 million filers have benefited from going to the standard deduction.
- Roth IRA contribution deduction.
- IRA contribution deduction.
- We also increase the standard deduction. That's not a billionaire's tax cut.
- We have child credit tax cuts, deductions for child care, a $6,000 retirement deduction for seniors.
TX
Texas 89th 2nd C.S.
Health Care Affordability, Select Apr 30th, 2026
Health Care Affordability, Select
Transcript Highlights:
- We didn't see any differences based on whether you're in a high deductible or low deductible plan, whether
- See any differences based on whether you're in a high deductible or low deductible plan, whether you're
- above or below your deductible.
- The average deductible has increased by about 500 percent. ...in deductibles.
- And so when an individual's deductibles increase, then that directly is affected by, when deductibles
ND
North Dakota 2025-2026 Regular Session
Senate Floor Session Apr 21st, 2025 at 12:30 pm
North Dakota Senate Floor Meeting
Transcript Highlights:
- This is about whether or not that coupon should apply to their deductible.
- Either through premiums, higher deductibles, or co-pays.
- So if you had car insurance and you had a $250 deductible, you would have to have a $250 deductible the
- So if you had car insurance and you had a $250 deductible, you would have to have a $250 deductible the
- Yes, you can lower your plan premiums by increasing your deductibles.
Summary:
The Senate reconvened and handled several House messages and conference committee appointments before taking up a series of bills. It appointed conference committees on Senate Bill 2265 and House Bills 1454, 1448, and 1524. The chamber also adopted a Senate amendment to House Bill 1216, delaying its effective date for the copay accumulator prescription drug bill to January 1, 2026, with later renewal timing for non-PERS plans.
House Bill 1216 then came up for final passage. Senators debated whether allowing copay accumulator programs to count manufacturer coupons toward deductibles would help patients with expensive drugs or unfairly shift costs to insurers and other policyholders. Supporters said it would help people afford life-saving medications and that the coupon payments go to pharmacies, not insurers; opponents argued it could raise premiums and create perverse incentives for drug pricing. The bill passed 29-18. The Senate also concurred in House amendments to Senate Bill 2160, which changes health insurance benefits under the Uniform Group Insurance Program to move from a grandfathered to a non-grandfathered plan, with supporters emphasizing added benefits and flexibility and opponents warning of higher costs and irreversible changes. That bill passed concurrence 33-14 and final passage 39-8.
The Senate next concurred in House amendments to Senate Bill 2339, the wildfire mitigation bill, which requires utility mitigation plans to be updated every two years, incorporate national electric standards, and creates a rebuttable presumption of reasonable care if the plan is followed. The bill then passed final passage 46-1. The chamber also adopted conference committee reports and passed House Bill 1460 on adult foster care and monitoring devices, House Bill 1440 on cigar lounge tobacco use, and Senate Bill 2374 on insurance-related provisions including property insurance arbitration, managed repair programs, and surplus lines issues; SB 2374 also added a study on towing and recovery coverage. The session ended with announcements of upcoming conference committee meetings and adjournment until April 22, 2025.
FL
Florida 2026 5th Special Session
Finance and Tax Jan 28th, 2026
Transcript Highlights:
- The second provision is another deduction. It's another depreciation deduction for real property.
- There's a deduction now allowed for that that also has an impact for Florida.
- So under current law, you take 30%; you're allowed a deduction that is 30% of your earnings before...
- ...you're allowed a deduction that is 30% of your earnings before interest and taxes.
- So you can take a bigger deduction.
Summary:
The committee took up three tax-related bills and a staff presentation on the state revenue forecast and the federal One Big Beautiful Bill Act. SB 856, by Senator DeSigley, would require online real estate listing platforms to display estimated property taxes using state-prescribed methods rather than the current owner’s taxes. Supporters from county, city, and property appraiser groups said the bill would improve transparency for homebuyers, especially first-time buyers and those facing large tax increases after a homestead cap reset. Senators discussed ensuring the estimate appears directly on listing platforms. The bill was reported favorably.
The committee then considered SB 110, by Senator Arrington, which clarifies that people holding 98-year-or-longer residential leases remain eligible for the homestead exemption even if the lease ends upon death, aligning such leases with life estates for estate-planning purposes. An amendment was adopted to clarify that leases terminating at the lessee’s death are valid under current law. The Florida Bar’s Real Property, Probate, and Trust Law Section supported the bill, and Senator Gates noted its importance for long-term leaseholders on barrier islands. The amended bill was reported favorably. SB 434, by Senator Leak, would prevent property tax assessments from increasing because of improvements made to harden homes against wind damage, such as stronger roof attachments, shutters, and secondary water barriers. The sponsor said homeowners should not be penalized for resilience upgrades, and the bill was also reported favorably.
Staff director Mr. Khan then reviewed the latest general revenue forecast, noting collections were running about $230 million above prior estimates through November and that the new forecast added roughly $500 million in the first budget year, with a smaller increase in the second year. He said corporate income tax was the main weakness in the forecast, due to softer collections and uncertainty around tariffs, while other sources were generally stronger. In the second half of the presentation, he explained that the federal One Big Beautiful Bill Act would significantly affect Florida’s corporate income tax base if fully conformed to, with an estimated $3.5 billion general revenue impact in fiscal year 2026-27, largely because of retroactive provisions such as bonus depreciation and research expensing. Senators and the appropriations chair discussed the budget implications, including possible ways to limit the impact through decoupling or prospective treatment. No votes were taken on the forecast presentation, and the committee adjourned after members requested to be recorded as voting in favor on SB 856 and SB 110.
LA
Louisiana 2026 Regular Session
Labor and Industrial Relations May 20th, 2026
Transcript Highlights:
- I mean, the way they do it electronically, it's just—they just deduct it from your check.
- So I go in the system, type in Jim Patterson, press enter, stop the payroll deduction.
- it deducted out of the nearest possible time.
- The waiving of the payment of the fees, I have a right to stop deducting. Absolutely.
- Shouldn't be able to deduct the fees without a valid authorization. Absolutely.
Summary:
The House Committee on Labor and Industrial Relations met for its final meeting of the session and took up SB 312 by Senator Talbot, a bill concerning labor organizations, employee dues and fees, withdrawal from unions, collective bargaining agreements, and related notice and reporting requirements. The author explained the bill would require annual notice to employees of their right to join or refrain from joining a labor organization, allow dues deductions to be authorized and revoked electronically, and require stoppage of deductions at the nearest possible payroll period after notice. The committee first adopted a technical amendment set, then considered a larger amendment set that shifted the withdrawal request to the employer, required the employer to notify the labor organization, placed the burden of proving notice compliance on the labor organization, and made the labor organization responsible for certain administrative costs. Supporters said the bill protected employee choice and could reduce taxpayer-funded administrative burdens; opponents argued the amendments created confusion, unnecessary bureaucracy, and unclear invoicing and cost-shifting procedures.
Testimony came from business and labor representatives on both sides. Jim Patterson of the Louisiana Association of Business and Industry supported the cost-shifting language as a way to protect taxpayers and public employers. Matt Wood, Peter Robbins-Brown, and Larry Carter, representing labor groups, said they had worked for months to reach a simpler opt-in/opt-out framework and objected to the new amendments as adding complexity and uncertainty. Several members questioned why police, firefighters, and later mass transit employees were exempted; the author and others said those exclusions were tied to federal law or because those groups had not requested inclusion. After debate, the committee adopted the large amendment set and then adopted a separate technical amendment adding mass transit employees to the exemption list.
On the bill itself, members continued debating whether the measure was necessary if unions already allow members to opt out and whether the bill should apply only to public employees such as teachers and school workers. The committee ultimately voted to report SB 312 with amendments. The motion passed on a roll call vote, with several members voting no, and the meeting adjourned afterward.
NM
New Mexico 2025 Regular Session
IC - Revenue Stabilization and Tax Policy Aug 14th, 2025
Revenue Stabilization & Tax Policy Committee
Transcript Highlights:
- It is also deductible from the GRT.
- It is deductible from the GRT, so there should be no tax on medical cannabis sales.
- Every credit, deduction, exemption—everything like that.
- Now, when you claim that deduction, you do have to separately report it.
- The deduction for hospital receipts is about $260 million and on down.
NH
New Hampshire 2025 Regular Session
House Ways and Means (01/07/2025)
Transcript Highlights:
- you took for that compensation deduction.
- you took for that compensation deduction.
- client base is separate entity deduction client base is separate entity deduction which<03:31:59.040
- Is that a no-questions-asked deduction, or is it...
- <03:47:32.760>
or being a no questions asked deduction or being a no questions asked deduction
Summary:
The meeting was an introductory Ways and Means Committee orientation led by Chair John Janigian. Members went around the room introducing themselves, with several returning legislators and several freshmen describing their backgrounds in business, education, public service, finance, transportation, journalism, military service, and nonprofit work. Janigian explained his own legislative history and professional background, and other members, including Bill Bolton, Fred Doucette, Mary Ford, Jim Tierney, Scott Brier, Thomas Oppel, Mary Murphy, Representative Spar, Susan Elberger, Dennis Malloy, Jordan Ulery, and Julius Soti, briefly described their prior experience and reasons for serving on the committee.
The chair then outlined the committee’s role. He said Ways and Means is responsible for revenue estimates that Finance will use to determine how much the state can spend over the next biennium, and that the committee would spend the next five to six weeks developing its best revenue estimate, due around February 15. He also explained that the committee hears from state agencies and departments about how taxes are created, collected, and performing against expectations, and that it reviews bills affecting state revenue, including tax increases, tax decreases, tax removals, and fee-related measures.
Janigian noted that the committee had five bills at the time of the meeting and expected more to be referred. He explained that most would be first-committee bills, though some second-committee bills could come over if they involved taxes or fees after passing policy committees. He used marijuana-related legislation as an example of a bill that might first go to another committee and later reach Ways and Means if it had fiscal implications. No votes were taken; the meeting was informational, and members were told how to participate in hearings and follow-up questions during regular committee work.
DE
Delaware 2025-2026 Regular Session
House Revenue - Finance Committee Meeting Jun 17th, 2026
Transcript Highlights:
- For tax years 2027 through 2029, it allows both resident and non-resident individuals to deduct up to
- The deduction phases out for modified adjusted incomes above $75,000 for single filers, or $150,000 for
- The deduction phases out for modified adjusted incomes above $75,000 for single filers, or $150,000 for
- The deduction phases out for modified adjusted incomes above $75,000 for single filers, or $150,000 for
- The deduction phases out for modified adjusted gross income above $75,000 for single filers or $150,000
Summary:
The House Revenue and Finance Committee met to consider two tax-related measures sponsored by Representative Holofsky. The first was House Substitute 1 for House Bill 386, the Tipped Worker Tax Relief Act of 2026, which would allow a temporary Delaware income tax deduction of up to $15,000 for qualified tips for tax years 2027 through 2029, with phaseouts at higher incomes and a refundable credit for lower-income workers. Committee discussion focused on whether the bill applied to residents and non-residents, whether credit-card tips were included, the need for an updated substitute, and the expected fiscal impact. The Office of the Comptroller General said the bill would likely reduce general revenue and that the fiscal note had not yet been fully reviewed, while Deputy Secretary Goldsmith said the Department of Finance could administer it and that implementation costs would be modest. After public comment, the committee voted on a motion to release the bill, but it did not receive enough votes, so the chair said she would walk it for additional signatures.
The committee then heard Senate Bill 219, which would phase in an increase in the military pension income exemption from $12,500 to $25,000 by tax year 2029. Representative Holofsky argued the measure would help attract and retain military retirees, support the economy, and provide a strong return on investment through spending, taxes, and community participation. Members raised concerns about whether the benefit should be income-based, with one member arguing that higher-income retirees may not need the tax break, while supporters emphasized the multiplier effect and the value of veterans to the state. Public testimony from Veterans of Foreign Wars representatives strongly supported the bill and described how the exemption could influence retirement decisions and local economic activity. A motion to release the bill also failed to get enough votes, and the chair said she would walk it for signatures before adjourning the meeting.
WY
Wyoming 2026 Regular Session
Joint Transportation, Highways & Military Affairs Committee, May 4, 2026 - PM
Transportation, Highways & Military Affairs
HI
Transcript Highlights:
- And having a high-deductible plan with the catastrophic plan would weaken the Prepaid Health Care Act
- And so then the HOI workers would receive less of health care under a plan that would be a high-deductible
- And having a high-deductible plan with the catastrophic plan would weaken the Prepaid Health Care Act
- And we've seen that there are health care high-deductible plans currently available through the federal
- Uh, and we'll be defecting the date to... deduction or any other credit for the deduction or any other
Keywords:
retirement, law enforcement, pension, public safety, employee contributions, Law Enforcement Standards Board, LESB, civil service exemption, collective bargaining exemption, law enforcement certification, police standards, law enforcement training, officer certification, training and curriculum coordinator, lead investigative agent, administrative manager, administrator, Hawaii HRS 76-16, Hawaii HRS 139-3, personnel exemption
NM
New Mexico 2026 Regular Session
House - Health and Human Services Feb 9th, 2026 at 08:38 am
House Health & Human Services
Transcript Highlights:
- House Bill 338, extending the GRT deduction for health care providers and expanding the deduction to
- then rely on targeted deductions to provide relief.
- The deduction was expanded in 2023 to an... ...organizations.
- The deduction was expanded in 2023 to include co-payments and deductibles.
- the deduction.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Wednesday, May 21, 2025 - Part 2)
US Federal House Floor Meeting
Transcript Highlights:
- deduction and the death tax exemption.
- -made Cars can deduct their auto loan interest.
- and putting in place the research and development tax deduction.
- Malliotakis: We increased the state and local tax deduction, the standard deduction, and the child tax
- >> WE INCREASED THE STATE AND LOCAL TAX DEDUCTION, THE STANDARD DEDUCTION, THE CHILD TAX CREDIT
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Revenue Jun 21st, 2026 at 10:00 am
Joint Committee on Revenue
Transcript Highlights:
- So that's why those two things kind of look different in terms of what those deductions are.
- And so that's why those two things work at the same level, and the 50% deduction at the federal level
- So after the corporation takes all deductions, pays rent, employees, everything, and pays taxes, then
- So when that income, already got all the deductions in that foreign jurisdiction, they take all the deductions
- This plan allows me to have lower premium, a lower co-pay, and no deductible.
Summary:
The Joint Committee on Revenue, chaired by Senator James Eldridge and Representative Adrian Madaro, opened its hearing with a moment of silence for the late Lowell State Senator Ed Kennedy and reviewed hearing procedures and deadlines. The committee then took testimony on several corporate tax bills, including S. 2033/H. 3110 on offshore tax avoidance, H. 3248 on a manufacturing tax exemption, H. 3057 on a tiered corporate minimum tax, and S. 2041 on a corporate tax haven blacklist, along with a separate business interest deduction bill. No votes were taken during the hearing.
Supporters of S. 2033/H. 3110, including labor unions, health care workers, educators, public health advocates, seniors, and several legislators, argued that Massachusetts needs new revenue to offset federal cuts to Medicaid, SNAP, health care, education, and other services. They said the bill would raise roughly $400 million annually by increasing the share of offshore profits included in the state tax base from 5% to 50%, and they framed it as a fairness measure that would require large multinational corporations to pay more while leaving most local businesses and workers unaffected. Testimony emphasized risks to MassHealth, PCA services, adult dental care, hospitals, schools, and public health programs if new revenue is not raised.
Opponents, including the Mass Taxpayers Foundation and the Council on State Taxation, argued the proposal is poor tax policy and likely unconstitutional because it would tax foreign-source income without allowing foreign tax credits or a comparable apportionment method. They said Massachusetts should take a broader, coordinated approach to federal tax changes rather than a standalone bill, and warned of litigation risk and possible double taxation. Supporters such as MassBudget and former tax counsel Don Griswold countered that the bill is a reasonable rough-justice approach, consistent with federal and neighboring-state treatment, and that it would primarily affect a small number of very large multinationals. On S. 2041, the Global Business Alliance opposed the proposed tax haven blacklist, while supporting a separate bill allowing business interest deductibility.
CA
California 2025-2026 Regular Session
Assembly Revenue and Taxation Committee Mar 24th, 2025
Transcript Highlights:
- We have Member Nguyen, item file item number four, AB 984, personal income tax deductions.
- And so AB 984 would again allow those contributions to be tax deductible.
- And so any tax-deductible bill... ...would be an immense benefit for our family to care for him.
- Is there any reason under your structure that you want to itemize under the deduction itself?
- Yeah, change it from a standard deduction. Yes.
Summary:
The Assembly Committee on Revenue and Taxation met and announced that, under its suspense-file rules, every bill on the agenda would be referred to suspense because each had a fiscal impact. The chair also reminded attendees to submit position letters in advance for inclusion in the bill analysis. A quorum was established and the committee then heard six bills, all of which drew support testimony and no opposition testimony in the room.
AB 814 would exempt law enforcement pensions from state income tax to encourage retired peace officers to remain in California and support recruitment and retention. AB 918 would create a targeted income tax exemption for pay earned by local first responders deployed under mutual aid during declared emergencies, with supporters saying it would help sustain disaster response and reward extraordinary service. Both bills were backed by police and public safety organizations and were referred to suspense.
AB 976 would create a nonrefundable tax credit for small retailers in disadvantaged communities to help pay for security equipment in response to retail theft and violence; members discussed whether the bill should be broader and how it related to Proposition 36 and crime policy. AB 984 would allow state tax deductions for contributions to CalABLE accounts, with testimony from CalABLE representatives and families describing the program as an essential savings tool for people with disabilities. AB 1282 would create a deduction for out-of-pocket medical expenses up to $5,000 through 2030, and AB 838 would raise California’s renter’s tax credit from $60/$120 to $2,000 for eligible filers. Each of these bills was also referred to the suspense file, and the committee then adjourned.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Financial Services Jun 21st, 2026 at 10:00 am
Joint Committee on Financial Services
Transcript Highlights:
- They don't want to bill patients for deductibles.
- Deductibles are not the solution.
- It increases the cost of health care by imposing deductibles on patients.
- High deductibles keep people away from the doctor's office. We know.
- High deductibles keep people away from the doctor's office.
Summary:
The Joint Committee on Financial Services held a lengthy public hearing with testimony on a wide range of health insurance and access-to-care bills. Early testimony focused on prescription drug pricing and pharmacy reimbursement, with supporters of H. 1326 arguing that pharmacy benefit managers and MassHealth managed care arrangements reimburse independent pharmacies too little, contributing to pharmacy closures and “pharmacy deserts.” The committee also heard repeated support for H. 1151/S. 742 on cognitive rehabilitation for acquired brain injury, H. 1288/S. 716 on telehealth parity for nutrition counseling, H. 1309/S. 761 on full-spectrum pregnancy care without cost-sharing, H. 1312 on insurance coverage for doula services, H. 309 on prompt access to health care by removing deductibles for certain services, H. 809/H. 1227 on biomarker testing, H. 1162/S. 810 on reducing inequities in access to medical procedures by limiting insurer cuts tied to Modifier 25, and S. 726 on insurance coverage for mobile integrated health.
Testifiers included legislators, physicians, pharmacists, dietitians, emergency and rehabilitation clinicians, and patients and family members. Supporters of the brain injury bill said cognitive rehabilitation is medically necessary, improves long-term outcomes, and can reduce institutional care and public costs; they noted the bill has been heard repeatedly and has support from the Brain Injury Commission and prior favorable committee action. Supporters of the pregnancy care and doula bills described out-of-pocket costs as a barrier to maternal health and shared personal stories of high bills and unmet support needs. Biomarker testing advocates and cancer patients said coverage gaps deny patients access to precision treatment, can lead to avoidable suffering, and should be standardized across insurers; several speakers said insurers often deny claims despite clinical benefit. Dermatology witnesses said insurers’ use of Modifier 25 cuts reimbursement for same-day evaluation and procedure visits, forcing separate appointments and increasing patient burden. Mobile integrated health supporters described home-based care as a way to reduce emergency department use and hospital readmissions, especially for patients with transportation or mobility barriers. No votes or formal committee actions were taken during the hearing itself.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Financial Services Jun 21st, 2026 at 10:30 am
Joint Committee on Financial Services
Transcript Highlights:
- So in order to get this tax shelter, they have to be enrolled in a health plan that has a deductible
- What that does is it inadvertently disqualifies these HSA-compatible plans, because the deductible has
- It does have that deductible, though, that has to apply under federal rules to certain services, except
- Certain preventive drugs are okay not to be subject to the deductible. That is your question?
- Interesting. ...be subject to the deductible. That is your question? Yes, thank you very much.
Summary:
The Joint Committee on Financial Services held a hearing with Chair Jamie Murphy and Senate co-chair Senator Feeney presiding. Members asked witnesses to keep testimony to three minutes and noted that written testimony could still be submitted. The committee heard testimony on several health insurance and pharmacy-related bills, including a proposal to allow controlled prescriptions to be transferred between pharmacies within the same chain, legislation affecting health savings account (HSA)-compatible plans and future insurance mandates, a bill on small business health insurance incentives, and H. 1212 on emergency insulin access.
Several parents and patients testified in support of emergency insulin access, describing severe diabetes emergencies, diabetic ketoacidosis, prescription delays, and the need for pharmacists to dispense insulin in urgent situations when doctors or insurers are unavailable. A parent also described the burden of repeatedly obtaining new prescriptions for ADHD medication when pharmacies are out of stock. Witnesses supporting the HSA bill argued that state coverage mandates can unintentionally disqualify HSA-qualified plans and that the bill would preserve tax advantages for enrollees while avoiding repeated legislative fixes. A representative of the Retailers Association supported the small business health insurance incentives bill, saying it could help retain small employers in the merged market by allowing carriers to offer financial incentives tied to cooperative purchasing and utilization efforts.
One witness, Kathleen Demarest, testified against a co-pay assistance restriction, saying a state rule had unexpectedly cut off her drug assistance before a generic was actually available, leaving her with very high out-of-pocket costs. Committee members asked a few clarifying questions about HSAs, insulin dispensing, and school support for diabetes care. After all scheduled witnesses had testified and no additional testimony was offered, the committee voted to close the hearing.
DE
Delaware 2025-2026 Regular Session
House Revenue - Finance Committee Meeting Jun 17th, 2026
Transcript Highlights:
- House Bill 386, an act to amend Title 30 of the Delaware Code relating to personal income tax deduction
- For tax years 2027 through 2029, it allows both resident and non-resident individuals to deduct up to
- The deduction is fully phased out at $100,000 and $200,000, respectively.
- For tax years 2027 through 2029, it allows both resident and non-resident individuals to deduct up to
- The value of the deduction is delivered as a refundable credit. We took that out. Never mind.
Summary:
The House Revenue and Finance Committee met to consider House Substitute 1 for House Bill 386, which would create a temporary Delaware income tax deduction for qualified tip income from tax years 2027 through 2029. The sponsor described it as relief for service workers in restaurants, salons, and similar tipped occupations, with a deduction of up to $15,000, income-based phaseouts, a refundable credit for lower-income workers, and a sunset for later review. Committee members raised questions about the resident/non-resident language, the fiscal note, and whether the Department of Finance could implement the change; Finance said the department could administer it and expected only modest administrative costs, while the Comptroller’s office said the bill would reduce general revenue. After a brief recess to review updated language, the committee took public comment, but no one testified. A motion to release the bill failed to receive enough votes, and the chair said she would walk it to seek additional signatures.
The committee then considered Senate Bill 219, which would phase in an increase in the military pension income exemption from $12,500 to $25,000 by tax year 2029. The sponsor argued the measure would help attract and retain military retirees, citing economic return estimates, workforce benefits, and support from all 21 Senate co-sponsors. Some members supported the bill as a way to reward service and bring in long-term residents, while others questioned whether the exemption should be income-based rather than available to all military retirees, including those with substantial second careers. The Department of Finance said it could operationalize the bill and that the non-resident language was unnecessary because the subtraction is already picked up in the non-resident code section. Public testimony from veterans’ organizations strongly supported the bill, emphasizing that the exemption can influence retirement decisions and help veterans and their families stay in Delaware. A motion to release the bill also failed to get enough votes, and the chair said she would walk it for signatures before adjourning the meeting.
FL
Transcript Highlights:
- The second provision is another deduction. It's another depreciation deduction for real property.
- There's a deduction now allowed for that that also has an impact for Florida.
- The third, and The third provision that is a big provision is an immediate deduction for research and
- So you can take a bigger deduction.
- There are some business expensing limitations that have been increased, and there is a deduction for
Keywords:
property assessment, wind damage, home improvements, real estate, tax exemption, Florida statutes, ad valorem taxes, property listings, tax estimation, disclosure, Florida, residential property
Summary:
The committee heard and passed three bills before moving to a staff presentation on the state revenue forecast and the federal One Big Beautiful Bill Act. SB 856, by Senator DeSantis? [sic], would require online real estate listing platforms to display estimated property taxes for residential properties using prescribed methods and DOR-developed formulas rather than the current owner’s tax bill. Supporters from county, city, and property appraiser groups said the bill would improve transparency and help homebuyers avoid surprise tax and escrow increases. The bill was reported favorably after debate about making sure the estimate appears on realtor and platform sites for first-time buyers.
SB 110, by Senator Arrington, was amended and then reported favorably. The bill clarifies that people holding 98-year-or-longer residential leases remain eligible for the homestead tax exemption even if the lease ends upon the tenant’s death, aligning those leaseholds with life estates for estate-planning purposes. The amendment, supported by the Florida Bar’s real property, probate and trust law section, clarified that lease provisions terminating at death are valid under current law. SB 434, by Senator Leak, was also reported favorably; it would prevent property tax assessments from reflecting increased just value attributable to wind-hardening improvements such as stronger roof attachments, shutters, and roof-to-wall reinforcements.
The committee then received an update from staff director Azar Khan on the new general revenue forecast. He said collections had been running slightly above estimate overall, but the Revenue Estimating Conference reduced corporate income tax projections because of weaker recent collections and uncertainty around tariffs, while increasing some other revenue sources. Members then discussed the federal One Big Beautiful Bill Act, which staff said would significantly reduce Florida corporate income tax revenue, with a large first-year impact driven by retroactive provisions such as bonus depreciation, research expensing, and business interest deductions. Senators and the appropriations chair said the forecast and federal changes would affect budget planning, and the committee adjourned after noting the bills had been favorably reported and the meeting was complete.