Video & Transcript Research : 'depreciation schedule'
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KY
Kentucky 2025 Regular Session
Consensus Forecasting Group (12-16-25)
Transcript Highlights:
- We did a code update, but we're on a completely different depreciation schedule than the feds.
- So even though we did a code update, it has no impact on the depreciation schedules in Kentucky because
- </c> a completely different depreciation a completely different depreciation schedule<02:03:12.080><c
- </c><02:03:17.599><c> schedules</c><02:03:19.040><c> uh</c><02:03:19.760><c> in</c> on the depreciation
- schedules uh in on the depreciation schedules uh in Kentucky<02:03:20.639><c> because</c><02:03:21.920
Summary:
The meeting focused on reaching consensus on official Kentucky revenue estimates for fiscal years 2026 through 2028, using updated S&P Global economic forecasts compared with the September presentation. Staff explained that the updated forecast relied partly on alternative data because of the federal government shutdown, and they walked through changes in national and Kentucky economic assumptions across control, optimistic, and pessimistic scenarios. The control forecast was described as slightly more optimistic in the near term but more cautious in fiscal 2027 and 2028, with GDP growth revised up for the current year and down somewhat in the outer years. The pessimistic scenario now assumed a two-quarter recession beginning in the current quarter, while the optimistic scenario was given a higher probability weight than before.
The presenters highlighted several Kentucky-relevant variables that changed since September, including weaker manufacturing employment, weaker housing starts, weaker consumer sentiment, and lower expected non-farm employment in fiscal 2026. At the same time, wage and salary disbursements were revised upward in fiscal 2027, reflecting higher disposable income from tax changes, and real consumer spending was expected to be stronger in the near term. They also discussed assumptions about tariffs, business profits, the Federal Reserve, unemployment, oil prices, retail sales, vehicle sales, exports, and consumer sentiment, noting that some indicators were little changed while others shifted materially. Consumer sentiment was attributed to affordability concerns, tariff impacts, and a general sense of malaise, but was expected to improve in later years from a low base.
Members asked follow-up questions about why the forecast worsened in later years and about the consumer sentiment assumptions. Staff responded that the forecast assumed larger take-home pay and refunds from tax withholding changes, along with some easing of tariff effects, which they believed would help offset a negative wealth effect from stock market declines. They also noted that S&P Global’s December forecast, which had already been published, was essentially consistent with the presentation and that the firm believed its earlier assumptions had tracked recent data well. No vote or final action was recorded in the portion provided, but the discussion was aimed at settling the revenue estimates that will underpin the upcoming branch budget bills.
AR
Transcript Highlights:
- do depend on the trust fund in February a great deal when the SGR is up and down depending on our schedule
- In February, a great deal when the SGR is, it goes up and down depending on our schedule.
- A U-Go with a Cadillac because of the depreciation factor there.
- And we were under the illusion that this was a full cost paid insurance policy, not a depreciation-type
- , everything we anticipate plus the remaining amount for depreciation on two old buildings that we will
Summary:
The committee considered a series of appropriation, fund transfer, and reserve requests across multiple agencies. Section B temporary appropriations included funding for state technology upgrades, personnel management staffing and IT skills assessment, court reporters and interpreters, crime victim claims, juvenile sex offender assessments, radiation lab testing, and higher education workforce grants and credentialing pathways. Additional items covered an ARPA grant for the University of Arkansas Fort Smith LPN program, an IIJA grant for the Oil and Gas Commission’s critical minerals work, a restricted reserve transfer for State Police vehicle purchases, a transfer to the Arkansas Heroes Program, and cash fund requests for the Real Estate Commission’s AV system and HVAC work. Most of these items were approved by voice vote.
One budget classification transfer request from the Commissioner of State Lands drew extended questioning and was ultimately not approved. Members questioned the $250,000 transfer to operating expenses tied to the purchase of a West Little Rock office building, the ongoing lease costs at the prior location, and whether the agency had adequately planned for building-related expenses. After discussion, the motion failed, and members told the agency to tighten spending and return if needed.
The committee then took up 15 pay plan appropriation requests totaling $25.7 million and approved them after discussion with DFA, DHS, Corrections, and the State Board of Election Commissioners. Members focused heavily on DHS staffing shortages at human development centers, where officials said vacancies and turnover were driven by overtime and burnout rather than pay alone; one member asked DHS to submit a written plan to address the issue. Corrections reported the pay plan had improved hiring and retention. The committee also approved overtime appropriations for Emergency Management and Military.
Reports on reserve funds, the Budget Stabilization Trust Fund, tobacco settlement, State Central Services, Education Adequacy, Medicaid Trust, IIJA, and revenue transfer activity were received. The Medicaid Trust Fund report prompted significant concern about February’s $90 million draw; DHS said the month was unusually high because of cash-flow timing and that the fund should end the year with a balance between $150 million and $200 million, while lawmakers noted a second $100 million set-aside is planned for FY27. The final discussion centered on DHS’s state hospital damage claim and reconstruction funding, where members expressed disappointment that insurance reimbursement would likely return only about $1.8 million now and possibly about $97,000 more later, far less than the roughly $5 million initially expected. DHS explained the policy was based on actual cash value and depreciation for old buildings, and said the work would proceed on Unit 3 for secured restoration because it was the most cost-effective option.
WA
Washington 2025-2026 Regular Session
House Education Jan 20th, 2026
Transcript Highlights:
- We have three bills scheduled for public hearing.
- education and are provided in whole or in part independently from a regular classroom setting or schedule
- No. ...and are provided, in whole or in part, independently from a regular classroom setting or schedule
- cost to public school students, and that... ...technology hardware at a depreciated cost to public school
- With the passage of this bill, devices can be sold at a depreciated value.
Summary:
The House Education Committee held public hearings on three bills. House Bill 2142 would replace statutory references to “alternative learning experience” with “remote and hybrid learning.” Committee staff and the prime sponsor said the change is intended to reduce stigma and more accurately describe programs that may be online, hybrid, or site-based. Several members raised concerns that the terminology could unintentionally affect fully in-person programs; the sponsor and a retired principal testified that the bill is meant as a name change and would not materially alter current programs. The bill drew 52 pro, 4 con, and 0 other sign-ins.
House Bill 2369 would create a Washington Local Food for Schools program in OSPI to help schools procure and distribute Washington-grown foods through existing USDA food distribution systems. The sponsor and supporters said the bill would reduce logistical barriers for farmers and districts, support local agriculture, and improve the quality and appeal of school meals. Testimony came from school nutrition advocates, farmers, a school superintendent, students, and OSPI, with broad support and discussion of how the program would work through catalogs, ordering windows, and existing warehouses. The bill drew 455 pro, 64 con, and 1 other sign-in.
House Bill 2432 would allow school districts and ESDs to sell or grant surplus technology hardware, such as laptops and tablets, directly to public school students and recent graduates at depreciated value, with priority for students with greater need. The sponsor said the goal is to help students transition to work, college, and other postsecondary opportunities. Committee members asked about whether the bill should address assistive devices and whether devices could be reserved for future graduating classes; staff noted existing law already covers transfer of assistive devices for students with disabilities. Testimony from district technology and finance staff supported the bill as a practical way to extend the life of devices and benefit students. The bill drew 57 pro, 5 con, and 0 other sign-ins. At the end of the meeting, the chair announced amendment deadlines for several bills scheduled for executive session later in the week and then adjourned the committee.
WA
Transcript Highlights:
- House Bill 2431, increasing the maximum annual limits for regularly scheduled fundraising activities.
- And previously, the depreciation calculation. Your more standard-sized buses.
- And previously, the depreciation calculations were different for the different bus class types.
- We have many different types of school buses in the state, across the state, and one depreciation schedule
- We have many different types of school buses in the state across the state, and one depreciation schedule
Bills:
HB2675, HB2249, HB2120, HB1069, HB1983, HB2431, SB6006, SB6297, SB6351, SB6353, HB2521, HB2091, HB2104, SB6355, HB2254, HB2385, SB5808, HB1796, HB1376, SB6260, HB2353
Keywords:
accounts, finance, business regulation, transparency, audits, HB 2249, Washington Technology Solutions, WaTech, civil service, classified service, exempt employees, state employment, state personnel, network security, cybersecurity, information technology, IT contracting, data center, systems integration, network engineering
TX
Texas 89th Regular
Water, Agriculture, and Rural Affairs Mar 3rd, 2025
Water, Agriculture and Rural Affairs
Transcript Highlights:
- It happens a lot in depreciation schedules. I got stuff on some depreciation schedules in 1920.
- It happens a lot in depreciation schedules. I got stuff on some depreciation schedules in 1920.
Keywords:
water resources, interlocal contracts, local government, collaboration, planning activities, wildfire response, firefighting equipment, emergency services, state database, Texas Forest Service, customer complaints, Public Utility Commission, water service, complaint process, utility regulation, SB 971, Texas Water Assistance Program, Water Code, rural political subdivision, rural water
Summary:
The Senate Committee on Water, Agriculture, and Rural Affairs met on Texas Water Day and limited public testimony to two minutes. The chair emphasized the need to move quickly because of scheduling conflicts with other committees and noted the importance of water policy and related stakeholders. The committee heard several bills focused on water administration, rural utilities, emergency response, and public works contracting.
Senate Bill 790 by Senator Alvarado would let the Public Utility Commission create a simplified process for resolving tenant complaints over water or wastewater bill discrepancies; it was described as a way to avoid lengthy contested-case hearings for small disputes. Senate Bill 971 by Senator Sparks would clean up conflicting statutory definitions of “rural political subdivision” so Texas Water Development Board programs are applied consistently; Texas Rural Water Association testified in support. Senate Bill 767, also by Senator Sparks, would expand and improve a statewide database of fire-response equipment so departments, including volunteer and rural departments, can locate and share resources more effectively during emergencies; fire service witnesses supported the bill and suggested annual updates to keep the database current.
Chair Perry laid out Senate Bill 480 to clarify that local governments and special districts may enter interlocal agreements for water-related planning and research, including aquifer management and flood/water planning. He also presented Senate Bill 1066, which raises payment and performance bond thresholds for Texas Parks and Wildlife Department public works contracts to $150,000, arguing the change would reflect inflation and help smaller vendors on lower-risk projects. Witnesses were heard on the bills, with no opposition recorded in the transcript.
The committee voted out all five bills favorably. SB 1066, SB 480, SB 767, SB 790, and SB 971 each received unanimous committee approval and were recommended to the local and contested calendar, with SB 767 noted as amended by a suggested annual-update requirement for the equipment database.
FL
Transcript Highlights:
- A second example relates to bonus depreciation.
- A second example relates to bonus depreciation.
- schedule on the federal government in this amendment?”
- schedules for whatever that specific asset is.
- schedules that were a little different for appliances versus roofs and all that.
MN
Minnesota 2025-2026 Regular Session
Press Conference: Media Availability on Tab Fee and Bonding Bill Agreement - 05/14/26
Transcript Highlights:
- There's no change to the depreciation schedule, right?
- There's no change to the, um, depreciation<00:07:37.160><c> schedule,</c><00:07:37.560><c> right?
- </c><00:07:37.760><c> This</c><00:07:37.919><c> is</c> depreciation schedule, right?
- This is depreciation schedule, right?
- </c><00:07:45.000><c> Through</c> depreciation and the rate. Through depreciation and the rate.
Summary:
Legislators and reporters discussed the final contours of a Minnesota bonding and tax package centered on a $1.2 billion capital investment bill. Supporters said the bill would fund state and local infrastructure projects, maintain state assets, and include anti-fraud measures such as electronic verification for service providers and a 100% excess tax on fraud proceeds to prevent offenders from profiting. They also said the package would backfill road-and-bridge funding so the fee reduction would not reduce transportation dollars.
A major point of emphasis was a temporary reduction in tab fees, described as a $254 million savings for taxpayers in 2027. Republicans said the reduction was a top priority and that it was secured through negotiations, though they acknowledged it is only a one-year reprieve unless changed in a future session. They estimated the average savings at about $145 on a $50,000 vehicle, with larger savings for households with multiple vehicles. They also noted that the first proposal had included both a depreciation change and a rate change, but only the rate cut remained in the final compromise.
In response to questions, lawmakers said the tab fee cut was driven by constituent complaints and that they would try to extend it next year. They also discussed related transportation issues, including accelerating collection of an auto parts sales tax and concerns about greenhouse gas-related costs for roads and bridges. On other topics, one lawmaker said gun control proposals in the House were not part of these negotiations and urged continued movement on the broader package. No formal vote was taken in the exchange, but participants expressed confidence that the bonding portion of the deal was largely settled, while some details of the full package still needed to be finalized.
MO
Missouri 2026 Regular Session
2026 Legislative Session - Day Thirty Four - Monday, March 9
Missouri House Floor Meeting
Transcript Highlights:
- What this bill does is set up a depreciation schedule for motor vehicles.
- schedule.
- Well, you know, when I had this bill before, it was a 15-year depreciation schedule.
- Well, I think because in this depreciation schedule, things depreciate faster when those vehicles are
- Then it's on a schedule.
Summary:
The House convened with prayer, the Pledge of Allegiance, approval of the House Journal by a 121-0 vote, and a brief suspension of business for the Speaker to sign HB 2014. Members also observed a moment of silence for Butler County Fire Protection District Sergeant Commander Jatin Warren, who died in the line of duty, and the chamber introduced several guest groups, including Missouri Council on Aging representatives and county clerks. A resolution was also presented honoring former state representative K. H. Steinmetz for her 18 years of service in the Missouri House.
The House then received committee reports recommending passage of HB 2934, HB 1800, and HB 1707. On third reading, HB 2974 passed 136-0 on telehealth and licensure reciprocity; HB 2934 passed 121-24 on consolidating St. Louis convention center governance; HB 2057 passed 137-10 on entertainment districts for Osage Beach and Chesterfield; the combined HB 1839/2921/3015 passed 120-19 on age verification for harmful online content; HB 1707 passed 149-0 to bar the Department of Revenue from taxing credit card processing fees; HB 2819 passed 145-0 to set rounding rules as the penny is phased out; and HB 2600 passed 148-0 to allow ambulance districts to combine resources for coverage.
HB 1800, which reduces the inflationary growth factor for certain taxing districts from 5% to 3% and adjusts assessment ranges, drew the most extended debate over its effect on schools, fire districts, and taxpayers; it ultimately passed 82-61. Members also perfected HB 2774, which bars state and local governments from restricting equipment sales or use based on fuel source, and HB 2383, a utility infrastructure protection bill adding wired/copper infrastructure to existing critical infrastructure protections and setting penalties for theft or damage; HB 2383 was amended to align with the Senate version and then perfected. Finally, the House began debate on a combined bill package including HB 1664, 1610, 1645, and 2182, which would extend the statute of limitations for child sexual abuse civil claims while also shortening the general personal injury statute of limitations from five years to three; the child sexual abuse provisions drew broad support, while the tort-reform portion prompted sharp disagreement over access to justice versus business certainty.
WA
Transcript Highlights:
- This applies the reduction in bus depreciation.
- the existing bus depreciation schedule.
- It changes the bus depreciation adjustments to 33% of the state price.
- The bus depreciation between the regular bus depreciation and the federal bus depreciation combined is
- The bus depreciation between the regular bus depreciation and the federal bus depreciation combined is
WA
Washington 2025-2026 Regular Session
House Appropriations Mar 9th, 2026
Transcript Highlights:
- This applies the reduction in bus depreciation.
- and may not reduce a depreciation payment for a school year below zero.
- the existing bus depreciation schedule.
- It changes the bus depreciation adjustments to 33% of the state price quote.
- The bus depreciation, between the regular bus depreciation and the federal bus depreciation combined,
Summary:
The House Appropriations Committee met in executive session on three bills. For Second Substitute Senate Bill 6182, staff explained it would create an abortion savings program funded by a new assessment on health carriers to support grants for abortion clinical care access. Representative Marshall offered amendments to limit grants to Washington residents, expand eligibility to IVF and fertility providers, prioritize medically underserved areas, and add a 2031 sunset; all were rejected or withdrawn. The committee then voted 18-10 to report the bill out with a do pass recommendation.
For Engrossed Substitute Senate Bill 6260, staff briefed a striking amendment that would reduce savings in K-12 spending by changing local effort assistance and Running Start limits, prioritizing some transition-to-kindergarten funding, and eliminating inflation increases for National Board bonuses. Members debated a series of amendments on bus depreciation, charter school LEA payments, transition-to-kindergarten funding, and Running Start. Some amendments were adopted, including a bus depreciation change and a Running Start adjustment, while others were rejected. The committee then adopted the striker as amended and reported the bill out 17-12 with a due pass recommendation.
For Substitute Senate Bill 6355, which would establish the Washington Electric Transmission Authority and related board and advisory structures, members considered amendments on rural land-use expertise, eastern Washington board representation, corridor review standards, tribal workgroup removal, and payments in lieu of taxes for transmission facilities. One amendment was withdrawn and the others were rejected except for a landowner/rural expertise amendment that passed. The committee then reported the bill out 18-11 with a due pass recommendation. At the end of the meeting, members exchanged closing remarks thanking staff and colleagues, and the committee adjourned.
WA
Transcript Highlights:
- We want to make sure that students that are in need have access to this equipment at the depreciated.
- We want to make sure that students that are in need have access to this equipment at the depreciated
- If there are no further questions, Senator, we will let you get to your busy schedule.
- will let you get to your busy schedule.
- We also have an executive session scheduled for Tuesday at 4 o'clock. I think it's at 4 o'clock.
Summary:
The House Education Committee heard testimony on several Senate bills. Substitute Senate Bill 6222 would let school districts and educational service districts sell or grant surplus technology hardware, such as laptops and tablets, directly to public school students, with priority for students from low-income families. Staff and the prime sponsor said the bill is meant to reduce waste and help students keep devices they already use for school and for postsecondary or job access. Testifiers from Zero Waste Washington and the Issaquah School District supported the measure, and the committee noted a request for side-by-side language differences between the House and Senate versions before executive action.
The committee also heard Engrossed Substitute Senate Bill 6247 on school district financial management. The bill would expand ESD oversight and support for districts showing financial distress, require new financial training for school directors, strengthen penalties for knowing budget violations, and require hiring disclosures for budget and accounting positions. Senator Dozier said the bill responds to multiple districts facing declining fund balances, failed levies, and rising costs. ESD, WSSDA, WASA, WOSBO, and OSPI testified, generally supporting stronger financial training and early intervention, while raising questions about funding, who should provide the training, and how oversight should be structured. Members also asked for a comparison with House Bill 2593, a related bill on district financial monitoring.
Finally, the committee heard Second Substitute Senate Bill 5969, which would better integrate individualized education program transition plans with the statewide online IEP system and the universal online high school and beyond plan platform to reduce duplication. Staff explained the bill as a technical alignment measure for special education transition planning. The chair asked about the fiscal note and whether IEP transition plans are required under IDEA, and staff said they would follow up. The committee also heard brief public testimony on the bill, then closed public hearings and announced upcoming executive session deadlines and meeting times.
FL
Transcript Highlights:
- The more significant changes include accelerating depreciation of assets, allowing immediate expensing
- For depreciation of qualified property, taxpayers would maintain the phase-down process of the TCJA,
- The provisions in this bill that allow depreciation over seven years may have some effect on taxpayers
- For depreciation of qualified property, taxpayers would maintain the phase down process of the TCJA,
- The provisions in this bill that allow depreciation over seven years, in this bill that allow depreciation
Summary:
The Finance and Tax Committee met with a quorum and considered two Senate proposed bills. The first, SPB 7046, was the Senate tax package. It included changes to Live Local property tax exemptions, charter school distributions from voter-approved property tax levies, limits on special assessments for RV parks, revisions to fiscally constrained county funding and eligibility, a permanent sales tax exemption for small propane tanks, a hunting/fishing/camping sales tax holiday, restrictions on governmental net zero policies, and new voting thresholds for certain local millage actions. Staff estimated the bill would reduce general revenue by about $77 million in FY 2026-27 and about $50 million recurring. An amendment making the charter-school distribution change prospective starting July 1, 2026, was adopted. A late-filed amendment by Senator Gaetz on disability tax exemptions was withdrawn for lack of a fiscal analysis.
The charter school provision drew the most debate. Senator Jones and Senator Bernard raised concerns that expanding eligibility to charter schools authorized through alternate authorizers could reduce funding available to traditional neighborhood public schools and that the effective date did not give districts enough time to plan. Senator Avila argued the change corrected an omission from earlier legislation and ensured public schools, including charter schools, were treated equally. Several speakers supported the fiscally constrained county provisions, while the Florida Association of Counties urged grandfathering for counties that could currently opt out of the Live Local exemption and asked the committee to review language on millage thresholds and net zero provisions. SPB 7046 was ultimately reported favorably as a committee bill by a roll call vote.
The committee then took up SPB 7048, which updates Florida’s conformity to the Internal Revenue Code as of January 1, 2026, and partially decouples from federal changes in the One Big Beautiful Bill Act. The bill addresses federal changes to bonus depreciation, Section 179 expensing, research and experimental expenses, business meals, and business interest deductions, with some provisions phased in or adjusted over time. The Florida Chamber testified in support of continued conformity but expressed concerns about administrative burdens and the bill’s partial decoupling structure. After brief debate, the bill was reported favorably as a committee bill by roll call vote, and the committee then adjourned.
FL
Transcript Highlights:
- A second example relates to bonus depreciation.
- schedule on the federal government in this amendment?
- Who do you think is behind us having a more onerous, punitive depreciation scheduled on the federal government
- schedules for whatever that specific asset is.
- schedules that were a little different for appliances versus roofs and all that.
Keywords:
child welfare, negligence, settlement, injury compensation, Department of Children and Families, motorcycle accident, compensation, Department of Transportation, legal claim, autism, autism spectrum disorder, ASD, special education, exceptional student education, ESE, teacher preparation, educator certification, micro-credential, loan forgiveness, student loan repayment
Summary:
The Appropriations Committee met and considered a large agenda of bills, reporting several measures favorably. Early action included SB 6, a settled claim bill involving the Department of Children and Families and the estate of Leila Estrada and Sapphire Williams, which was approved for $3.8 million. The committee also passed a cybersecurity internships bill creating a Department of Commerce program with Cyber Florida, and SB 532, which lets clerks of court retain the full amount of certain excess revenue and clarifies foreclosure-sale procedures. Veterans housing measures, CS for CS for SB 1602 and SB 1604, were approved to create a pilot program and a related trust fund for vacancy relief and risk mitigation for veteran housing. The committee also favorably reported SB 1110 on Medicaid and insurance coverage for orthotics and prosthetics, with emotional testimony from a student and family describing the high cost and importance of activity-specific prosthetics.
Members also approved CS for CS for SB 1012 after adopting an amendment that removed inmate emergency and specialty medical service compensation provisions while retaining changes to the contractor-operated institutions inmate welfare trust fund. Another bill, CS for CS for SB 1614, was narrowed by a delete-all amendment to focus on limiting the use of excess fees for new building construction by local governments. All of these measures were reported favorably after brief debate, with some support testimony submitted in writing or waived.
The most extensive discussion centered on CS for CS for SB 17, a major Medicaid and public assistance overhaul. The bill would create a Joint Legislative Committee on Medicaid Oversight, allow the Legislature to retain its own actuary, tighten Medicaid program oversight, update encounter-data reporting, set performance standards for managed care plans, revise pharmacy benefit manager rules, and require DCF to implement SNAP fraud-reduction and payment-accuracy reforms, including photo IDs on EBT cards and updated work requirements. It also would direct agencies to seek federal waivers for Medicaid work requirements for able-bodied adults and expanded behavioral health services. After lengthy questioning and testimony, the committee adopted amendments adding a transitional medical benefits glide path for people who gain employment and later lose Medicaid eligibility, and exempting hospice patients with six months or less to live. Supporters argued the bill would improve accountability, reduce fraud, and save money, while opponents warned it would create administrative burdens, increase paperwork, and cause eligible people to lose coverage or food assistance. The committee ultimately reported the bill favorably as amended.
NM
Keywords:
corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials
NM
Keywords:
corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials
NM
Transcript Highlights:
- By eliminating bonus depreciation and limiting interest deductions, the bill raises taxes at the exact
- By decoupling from federal tax provisions, disallowing bonus depreciation and interest deductions, and
- Resolution 1, also called the One Big Beautiful Bill Act, in July of last year, that enacted special depreciation
- This bill specifically decouples from 168K, which is certain business property, special bonus depreciation
- Is that the capital deduction and accelerated depreciation, or explain necktie to me?
Keywords:
corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials
TX
Transcript Highlights:
- The insurance company temporarily withholds depreciation from the claim payout based on the estimated
- Insurance policies have clauses stating insurers will need to request the withheld depreciation within
- HB4268 also protects the insured by stipulating that an insurer may not reduce the recoverable depreciation
- So, you're talking about the recoverable depreciation on a claim? Correct.
- Depreciation— that's where that term comes in, recoverable.
Keywords:
prescription drugs, drug pricing, pharmacy benefits, health insurance, health benefit plan, insurer, HMO, self-insured employer, public employer, school district, county, municipality, university system, higher education, retirees, dependent coverage, stop-loss coverage, bulk purchasing, group purchasing, purchasing pool
TX
Transcript Highlights:
- If the school district is on the schedule, they will be appraised probably about six months later, and
Bills:
HB249, HB 1186, HB2313, HB2408, HB2508, HB2730, HB2974, HB3045, HB3232, HB3336, HB3710, HB4044, HB4236, HJR133, HB249
Keywords:
ad valorem taxes, property taxes, homestead exemption, disabled veterans, senior citizens, tax payments, installment payments, municipal tax revenue, hotel, convention center, tax code, economic development, local government, municipality, tax revenue, qualified projects, municipal taxation, hotel project, municipality funding, veteran
FL
Florida 2026 5th Special Session
Appropriations Mar 2nd, 2026
Transcript Highlights:
- A second example relates to bonus depreciation.
- Branch, we used to call it accelerated depreciation. Mr. Chair, I have a question.
- schedule on the federal government in this amendment?
- schedules for whatever that specific asset is.
- schedules that were a little different for appliances versus roofs and all that.
Summary:
The Appropriations Committee considered a large agenda of bills and reported several measures favorably. Early action included SB 6, a settled claim bill involving the Department of Children and Families and a trust for Leila Estrada and Sapphire Williams, and CS/CS/SB 1266, which creates a cybersecurity experiential learning and clearance-readiness program through the Department of Commerce and Cyber Florida. The committee also approved SB 532 on clerks of court funding, allowing clerks to retain all excess Article V revenue rather than returning half to the state and clarifying foreclosure sale procedures. In addition, the committee passed CS/CS/SB 1602 and CS/CS/SB 1604 to create and fund a pilot housing program for veterans through the Florida Housing Finance Corporation, and CS/SB 1110 to expand Medicaid and private insurance coverage for medically necessary orthotics and prosthetics, including testimony from affected families and advocates. The committee also adopted an amendment and then favorably reported CS/CS/SB 1012 on inmate services, removing the bill’s medical-services compensation provisions while retaining changes to the inmate welfare trust fund and related facility uses. It also adopted a delete-all amendment and then favorably reported CS/CS/CS/SB 1614, which was narrowed to remove a provision allowing local governments to use excess fees to construct new buildings.
The committee spent substantial time on CS/SB 17, a Medicaid oversight and transparency bill. The sponsor said the measure would create a joint legislative Medicaid oversight committee, authorize the Legislature to retain its own actuary, modernize Medicaid statutes, strengthen managed-care performance standards, and increase accountability for pharmacy benefit managers and related entities. After amendment, the committee adopted changes removing several PBM-related provisions while retaining the broader oversight framework. Testimony from supporters emphasized transparency, fraud prevention, and cost control, while a PBM trade association asked to continue working on affiliate-manufacturer, network, and payment issues. The bill was reported favorably.
The most extensive discussion centered on CS/SB 1758, which proposes major changes to Medicaid and SNAP. The sponsor described five reforms: stronger fraud and overpayment recovery authority, a Medicaid work requirement for certain able-bodied adults, expanded behavioral-health services through Medicaid waivers, pharmacy-program changes to obtain rebates and reduce institutional costs, and SNAP/EBT reforms including photo IDs and work requirements. The committee adopted two amendments: one adding a transitional “glide path” for people who gain employment but risk losing Medicaid, and another exempting hospice patients with six months or less to live. Supporters argued the bill would reduce fraud, improve accountability, and encourage work, while opponents warned it would increase administrative burdens, push eligible people off coverage, and conflict with federal law or guidance. The bill remained under debate with extensive public testimony from advocates, providers, and affected families, and the transcript ends before final disposition on the measure.
NH
Transcript Highlights:
- </c> difference would be if the depreciation difference would be if the depreciation had<01:15:05.720
- </c><01:23:39.160><c> in</c> deduction limit um can be depreciated in deduction limit um can be depreciated
- </c> future years according to the schedule. future years according to the schedule.
- Thank you. and a capital asset is depreciated over and a capital asset is depreciated over the<01:24:
- </c> front will then move to the depreciation front will then move to the depreciation line. line. line