Transcript Highlights:

• Texas homeowners know that their property tax taxes contribute to public school funding and assume that
• And the tax bill, the percentage of school taxes allocated to school funding versus the percentage of
• tax.
• Have a good evening, this is prohibits a personal income tax, there is no explicit prohibition of a tax
• tax.

Bills: HB195 , HB247 , HB255 , HJR2 , HJR4 , HJR6 , HJR31 , HJR34 , HB195 , HB247 , HB255 , HJR6 , HJR31 , HJR34

Committee: House Ways & Means

Keywords: school district, ad valorem tax, local revenue, tax collection, education funding, border security, tax exemption, ad valorem, real property, infrastructure, Texas-Mexico border, ad valorem taxation, farm products, livestock, timber, death tax, inheritance tax, estate tax, property transfer, constitutional amendment

Transcript Highlights:

• Affairs equipment and capital improvement program for future tax years.
• tax that they paid for.
• the ability of the agencies to add to the tax rolls.
• So, my understanding is that the tax credit is to go against the liability, the tax liability or exposure
• Who may not be getting taxed to the point.

Bills: SB1280 , SB1392 , SB1393 , SB1395 , SB1400 , SB1405 , SB1832 , SB1839 , SB1989 , SB2001 , SB2143

Committee: Senate Revenue and Taxation

Keywords: excise tax, oil tax, natural gas tax, state revenue, Oklahoma Corporation Commission, income tax, tax credit, aerospace sector, employment, economic development, adaptive reuse, affordable housing, urban renewal, economic impact, program, housing, revitalization, urban development, income tax credit, manufacturing

Transcript Highlights:

• tax that they paid.
• The other would be the affordable housing tax credit.
• That is a possibility, but those have very limited scope and very specific... grants or tax credits?
• Because I personally don't want tax money being forgone for housing because I personally don't want tax
• So my understanding is the tax credit is to go against the tax liability exposure of the employee.

Bills: SB1280 , SB1392 , SB1393 , SB1395 , SB1400 , SB1405 , SB1832 , SB1839 , SB1989 , SB2001 , SB2143

Committee: Senate Revenue and Taxation

Keywords: excise tax, oil tax, natural gas tax, state revenue, Oklahoma Corporation Commission, income tax, tax credit, aerospace sector, employment, economic development, adaptive reuse, affordable housing, urban renewal, economic impact, program, housing, revitalization, urban development, income tax credit, manufacturing

Summary: The Senate Revenue and Taxation Committee took up a mix of tax policy, incentive, and administrative measures, beginning with an annual motion authorizing the chair to request OSBI background checks for any Horse Racing Commission nominees. The committee then passed Senate Bill 1839, as amended, to create a de minimis ad valorem tax exception for personal property valued at $5,000 or less per account. The committee also confirmed Daniel LaFortune to the Oklahoma Tax Commission by a 12-0 vote, with LaFortune emphasizing his IRS background and commitment to customer service and fairness. Several other bills were approved, including Senate Bill 1280 to align the plugging fund sunset date in the tax code with another statute; Senate Bill 1832 to reauthorize income tax refund checkoffs for veterans programs; Senate Bill 2001 to freeze property taxes for three years for homeowners displaced by a turnpike or eminent domain, though members raised concerns about downsizing and future valuation; and Senate Bill 1405 to renew the wildlife diversity checkoff, with testimony clarifying it would fund non-game species rather than predator reintroduction. Senate Bill 1989 also passed, expanding the Oklahoma College Savings Plan to accept digital payment platforms such as Venmo and PayPal, with members discussing how deposits would be tracked. The committee then considered Senate Bill 2143, which would allow counties to use aerial or satellite imagery and fixed-wing aircraft for property assessment while excluding drones; supporters cited efficiency, safety, and accuracy, while opponents raised privacy, foreign-company, and taxpayer-frustration concerns. The bill passed 7-4. Senate Bill 1393, a housing redevelopment tax credit for vacant and abandoned properties, passed 8-3 after discussion about affordable housing requirements and project ranking. The committee also approved three Incentive Evaluation Commission recommendations: Senate Bill 1392 to increase the aerospace engineer employee tax credit, Senate Bill 1395 to limit carryforward of the new jobs tax credit to seven years, and Senate Bill 1400 to consolidate aircraft-related sales tax exemptions. The meeting adjourned after the chairman noted more bills would be heard at a later meeting.

Transcript Highlights:

• </c> investments, our corporate tax credits. investments, our corporate tax credits.
• Having to use limited business resources on an inequitable tax to chiropractors is a real and immediate
• Having to use limited business resources on an inequitable tax to chiropractors is a real and immediate
• And this bill is strictly a tax. >> This is just the tax portion.
• </c> strictly a tax. strictly a tax.

Bills: HF1669 , HF4709 , HF3531 , HF4048

Committee: House Taxes

Keywords: tax credits, sustainable aviation fuel, environmental policy, corporate franchise, Minnesota taxation, electricity generation, property tax exemption, renewable energy, incentives, economic development, fuel delivery, tax exemption, retail transactions, diesel exhaust fluid, fuel lubricants, healthcare tax, gross receipts tax, hospitals, chiropractors, healthcare providers

Transcript Highlights:

• tax rates.
• If you go to Target in Gilbert, you're going to be taxed the Gilbert tax.
• the taxes on high-dollar purchases, when challenged in court, was found to be outside of the limited
• So what was the tax, the original tax, and who paid it? Mr. Barnes. Mr.
• This is a tax credit.

Bills: HB2143 , HB2273 , HB2290 , HB2373 , HB2784 , HB2794 , HB4037

Committee: House Ways & Means

Keywords: public safety, retirement system, investments, trust fund, board of trustees, financial report, income tax rebate, Pinal County, taxpayer eligibility, state revenue, financial assistance, transaction privilege tax, business location, tangible personal property, shared vehicle, sourcing, income tax, veterans, donations, tax refunds

Transcript Highlights:

• to the welfare has not been Limited to the welfare has not been Limited to the original states that
• like we have the this provider tax like we have the this provider tax like we have the hospitals we
• taxing to come up with exactly are we taxing to come up with exactly are we taxing to come up with this
• amount because this tax is helping this amount because this tax is helping this amount because this
• privilege tax that's assessed on each of privilege tax that's assessed on each of privilege tax that's

Bills: HB 9 , HB 22 , HB 908 , HB 1392

Keywords: property tax, ad valorem tax, tangible personal property, income-producing property, business personal property, tax exemption, local government finance, appraisal district, chief appraiser, rendition statement, property tax relief, small business, commercial property, leased property, related business entity, unified business enterprise, tax situs, Texas Tax Code, local taxing unit, constitutional amendment

Transcript Highlights:

• If there's no character limit, is there a limitation on where you can send the email from?
• We talk about term limits all the time in here.
• It is a poll tax on democratic participation.
• , and tax fairness.
• It reduces the corporate limits of Coral Springs and adds to limits by approximately 8.7 acres.

Bills: HB 9 , HB 22 , HB 908 , HB 1392

Keywords: property tax, ad valorem tax, tangible personal property, income-producing property, business personal property, tax exemption, local government finance, appraisal district, chief appraiser, rendition statement, property tax relief, small business, commercial property, leased property, related business entity, unified business enterprise, tax situs, Texas Tax Code, local taxing unit, constitutional amendment

Transcript Highlights:

• AG 4648 by and ruling the appeal of ad valorem taxes in certain state and local taxes in the enactment
• Thank you. property for out of alarm tax purposes or for the subcommittee of property tax appraisals.
• a tax.
• the tax reported to the application of the taxpayer payments to the taxes, penalties, and interest for
• valorem tax relief the constitutional limitation and the rate of growth of appropriations are for the

Bills: HB9 , HB22 , HB908 , HB1392

Keywords: property tax, ad valorem tax, tangible personal property, income-producing property, business personal property, tax exemption, local government finance, appraisal district, chief appraiser, rendition statement, property tax relief, small business, commercial property, leased property, related business entity, unified business enterprise, tax situs, Texas Tax Code, local taxing unit, constitutional amendment

Transcript Highlights:

• We reduced personal income tax. We reduced corporate income tax. We eliminated the franchise tax.
• We do consider both tax rates and tax structure.
• tax, the corporate income tax, sales taxes, property taxes, and unemployment insurance taxes.
• tax system.
• Some states have no state sales tax, no sales tax altogether.

Bills: HB214 , HB217 , HB253 , HB411 , HB440 , HB514 , HB515 , HB543 , HB614 , HB620 , HB658 , HB812 , HB898 , HB961

Committee: House Ways & Means

Keywords: property tax, blighted properties, urban rehabilitation, tax exemption, local government, financial incentives, blighted property, derelict property, property tax exemption, local redevelopment plans, rehabilitation standards, ad valorem tax, community development, income tax, tax repeal, individuals, estates, trusts, tax reduction, state revenue

Transcript Highlights:

• and accessing the tax credit.
• They are limited to the tax credit assigned to their income category.
• the most options available in our nice tax credit, fairly limited program that we've got.
• And just like when we first passed the tax credit program, it took us a year to sit down with the tax
• Currently, Oklahoma tax law allows favorable tax treatment for traditional health insurance but doesn't

Bills: SB683 , SB1579 , SB1389 , SB1387 , SB1390 , SB1391 , SB2063 , SB1829 , SB2060 , SB1842 , SB1398 , SB1212 , SB2158 , SB102

Committee: Senate Revenue and Taxation

Keywords: education, tax credit, student support, private school, Oklahoma Parental Choice Tax Credit, financial assistance, homeschooling, qualified expenses, property tax, valuation increase, taxpayer rights, homestead, protest process, school choice, tuition assistance, income limits, parental choice, accreditation, sales tax, motor vehicles

Transcript Highlights:

• It allows tax sales tax exemption to be extended from the person that they are working for to the contractor
• Just combine several existing sales tax exemptions for aircraft maintenance and manufacturing facilities
• housing as including 20 units or more and excludes properties Receiving the federal low-income housing tax
• credit from that and requires the new developments for the purposes of tax assessment be at cost for

Bills: SB44 , SB134 , SB1378 , SB1400 , SB1403 , SB1832 , SB2018 , SB2143

Committee: House A&B Finance Subcommittee

Keywords: sales tax exemption, nonprofit organizations, contractors, charitable purposes, state law, retirement, public employees, reemployment, benefit adjustment, Oklahoma Public Employees Retirement System, Olympics, funding, Oklahoma Department of Commerce, local businesses, revolving fund, event hosting, sales tax, tax exemption, tax refund, Oklahoma Sales Tax Code

Transcript Highlights:

• </c> tax bill. tax bill.
• tax.
• </c> 2026 tax bill? 2026 tax bill?
• But now the income tax, sales tax made up the difference.
• But now the income tax, sales tax made up the difference.

Bills: HF4119 , HF3959 , HF3792 , HF3913 , HF3752

Committee: House Taxes

Keywords: property tax, renter credits, co-pay, housing affordability, tax relief, homestead, tax refund, Minnesota, tax increase, financial relief, homeowners, AmeriCorps, taxation, individual income tax, living allowances, stipends, national service, tax compliance, revenue, analytics

Transcript Highlights:

• Chairman, members, Senate Bill 1293 limits the Government Property Lease Excise Tax revenues that may
• Chairman, members, Senate Bill 1293 limits the Government Property Lease Excise Tax revenues that may
• on the tax rolls, is making up for that by paying higher taxes.
• Chair, it would be a smaller tax shift, but it would still be a tax shift.
• No, the bill is looking to remove 73% of the K through 12 taxes that are in that excise tax.

Bills: SB1221 , SB1293 , SB1294 , SB1430

Committee: House Ways & Means

Keywords: taxpayer protection, law interpretation, transparency, public hearings, tax policies, GPLET, abatement, tax incentives, local government, property improvement, central business district, property tax, assessment, destruction, proration, Arizona Revised Statutes, Arizona tax corrections act, transaction privilege tax, sales tax, use tax

Transcript Highlights:

• So a tax credit effectively reduces our revenue.
• Would it just be limited to those?
• The state tax credit would it just be limited to those individuals who live there?
• What would the tax exemption go?
• So, I mean, you can see it when you do your taxes that...

Bills: HR118 , HB1039 , SB436 , SB442

Committee: House Ways & Means

Keywords: water utility, tax credit, excessive rates, residential service, subcommittee, local sales tax, local use tax, sales and use tax, tax audit, local collector, tax collector, prescriptive period, prescription waiver, interest suspension, delinquency penalties, estimated assessment, arbitrary assessment, certified mail notice, audit notice, taxpayer rights

Transcript Highlights:

• We we're strictly limiting this to out. We we're strictly limiting this to out.
• That means less tax coming to the state, means less tax coming to the state, means less tax coming to
• the state, either sales tax, income tax, any other either sales tax, income tax, any other either sales
• tax, income tax, any other tax we think about.
• And I think that tax we think about. And I think that tax we think about.

Bills: HJR 4 , HJR 6 , HB 195 , HB 13 , HB 143 , HB 135

Keywords: occupation tax, securities, financial regulation, tax exemption, legislative amendment, capital gains tax, realized gains, unrealized gains, investment income, asset sale, capital assets, wealth tax, estate tax, trust tax, tax limitation, constitutional amendment, Texas Constitution, Article VIII, property tax, sales tax

Transcript Highlights:

• Over half of our state revenue comes from sales taxes, making our tax code one of the most regressive
• Everyday Texans pay more in sales taxes, property taxes, and hidden costs from tolls to medical debt,
• Obviously, the purpose of this H.A.R. is to ban this tax, this transaction tax.
• or transaction taxes.
• for a fair tax system.

Bills: HJR4 , HJR6 , HB195 , HB 13 , HB143 , HB135

Keywords: occupation tax, securities, financial regulation, tax exemption, legislative amendment, capital gains tax, realized gains, unrealized gains, investment income, asset sale, capital assets, wealth tax, estate tax, trust tax, tax limitation, constitutional amendment, Texas Constitution, Article VIII, property tax, sales tax

Transcript Highlights:

• State tax dollars.
• I'm assuming our airlines pay this tax, right? At the airport, major seat tax?
• taxes.
• It redirects tax revenues on aircraft fuels from the hazardous substance tax, petroleum product tax,
• taxes.

Bills: SB5989 , SB5898 , SB6240 , SB6244 , SB6231 , SB6228 , SB6220

Committee: Senate Ways & Means

Keywords: aircraft fuel tax, tax revenue distribution, aviation funding, transportation, state revenue, aeronautics, taxation, aircraft fuel, state funding, aviation fuel, hazardous substance tax, air quality, noise mitigation, environmental impact, tax exemption, agriculture, hazardous substances, crop protection, warehousing, data center

Transcript Highlights:

• I formerly worked as a tax lawyer.
• tax returns show zero due.
• There was a time where the property tax in Arizona is what I call king tax.
• We didn't have income tax. We didn't have sales tax. We had property tax.
• our property tax system.

Bills: HB2016 , HB2104 , HB2105 , HB2288 , HB2289

Committee: House Ways & Means

Keywords: tax penalties, filing, tax returns, administration, Arizona Revised Statutes, agricultural property, classification, county assessor, property inspection, appeal process, property tax, agricultural classification, Department of Revenue, property valuation, inspection notice, inspection report, on-site inspection, full cash value, rural land, farm land

Transcript Highlights:

• And then we pick back up on 32 where it says, subject to the time limitations under subsection A.

Bills: HB397 , HB523 , HB397

Committee: House Boards, Agencies and Commissions

Keywords: real estate, disclosures, equitable interest, disciplinary actions, Alabama Real Estate Commission, parole procedures, advocacy, parole board, victim representation, inmate rights, HB397, homestead exemption, ad valorem tax, property tax, tax relief, senior exemption, elderly homeowners, retiree exemption, disability exemption, blind exemption

Bills: HB473 , HB397 , HB397

Committee: House Boards, Agencies and Commissions

Keywords: water recreation, public access, water bodies, recreational use, water commissions, real estate, disclosures, equitable interest, disciplinary actions, Alabama Real Estate Commission, HB397, homestead exemption, ad valorem tax, property tax, tax relief, senior exemption, elderly homeowners, retiree exemption, disability exemption, blind exemption