Video & Transcript : 'ad valorem tax' :
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WA
Washington 2025-2026 Regular Session
Senate Local Government Jan 15th, 2026
Transcript Highlights:
- Districts may impose up to three regular property tax levies.
- could be done outside of the city tax.
- These tax dollars make sense.
- Less than 15% of the areas added to the UGA are critical resource areas.
- The areas added are suitable for urban growth.
Summary:
The Senate Local Government and State Parks Committee heard several bills focused on local government finance, land use, and public safety. SB 5903 would deem a cemetery district commissioner elected if only one qualified candidate files, with sponsor Senator Cortez saying it would save ballot-printing costs and local resources; there was no testimony in opposition. SB 6037 would create or modify a voter-approved option for cities and towns to form a single-city fire protection district, adjust levy and notice rules, allow administrative service contracts with the city, and clarify commissioner elections; Senator Cortez and multiple city and fire officials said it would give communities more flexible, locally controlled funding tools for fire service, while committee members asked about how it would work and the fiscal impact. SB 5983 would exempt certain current-use land transferred to a government entity for right-of-way from rollback taxes when the transfer is tied to development conditions and stays within a 20% acreage limit; Senator Leas described it as helping a family farm avoid an unfair tax bill, and there was no testimony on the bill.
The committee also heard SB 5995, which would remove the 2031 sunset on the prohibition against using port funds to buy fully automated marine container cargo handling equipment. The sponsor and labor witnesses argued the bill protects jobs, keeps public dollars from underwriting automation, and still allows zero-emission, human-operated equipment; port and labor representatives testified in strong support, while the sign-in sheet showed substantial public interest both for and against. SB 6016 would change how urban growth area swaps treat critical aquifer recharge areas, making the rules for annual and periodic updates more consistent and allowing swaps if they do not increase net CARA acreage within the UGA; the sponsor, Commerce, housing, business, and development interests said it was a technical fix that supports housing and consistency, while one witness warned it could weaken groundwater protections and create litigation risk.
Finally, the committee heard SB 6066, which would let counties, cities, towns, or WSDOT designate “accident risk zones” on roads with repeated crashes, require a public hearing and engineering review, double certain traffic penalties in the zone, and dedicate half the extra revenue to safety improvements before dissolving the zone. Supporters from cities, counties, and Pasco said it could help address dangerous intersections and fund fixes, though several witnesses raised liability and implementation concerns and asked for further stakeholder work. No votes were taken in the transcript; the chair closed each hearing after testimony and sign-in counts were noted.
WY
Wyoming 2026 Regular Session
Senate Floor Session-Day 18, March 3, 2026-PM
Wyoming Senate Floor Meeting
Transcript Highlights:
- </c> tax. So, that's number two tax. tax. So, that's number two tax.
- So, and then we're adding some conforming language, as you see, which the alternative tax statutes did
- </c> tax. Thank you. tax. Thank you.
- </c> tax collection. tax collection.
- </c> lot more tax. lot more tax.
ND
North Dakota 2025-2026 Regular Session
House Floor Session Apr 16th, 2025 at 12:30 pm
North Dakota House Floor Meeting
Transcript Highlights:
- their store, or are they tax free?
- Speaker, Representative, there is no tax collected there, so the sales tax, wouldn't we forego that revenue
- Speaker, Representative, there is no tax collected there, so the sales tax, wouldn't we forego that revenue
- So the fact that that wasn't taxed or not, well, maybe it wasn't taxed, but it was used as a tax write-off
- The ad fund has been successful.
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.
NH
New Hampshire 2025 Regular Session
Senate Election Law and Municipal Affairs (04/22/2025)
Election Law and Municipal Affairs
Transcript Highlights:
- So, by adding this one statement about having the tax impact for up to five years, if it's up or however
- So, by adding this one statement about having the tax impact for up to five years, if it's up or however
- So, by adding this one statement about having the tax impact for up to five years, if it's up or however
- So, by adding this one statement about having the tax impact for up to five years, if it's up or however
- in the school district budget cap and also added a new method for local tax caps.
Committee:
Senate Election Law and Municipal Affairs
MN
Minnesota 2025-2026 Regular Session
Senate Floor Session - Part 1 - 05/19/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- maximum tax cut.
- </c> changes in the deal besides the tax changes in the deal besides the tax maximum<00:29:45.919><c>
- tax</c><00:29:46.159><c> cut.
- ><c> have</c><00:41:44.160><c> a</c> Taxes committee doesn't even have a Taxes committee doesn't even
- </c> dead set against raising more taxes. dead set against raising more taxes.
MO
Missouri 2026 Regular Session
Rules - Legislative May 12th, 2026
Transcript Highlights:
- It also uses tax abatement and use of tax increment financing districts.
- These tax credits and tax incentives are choking Missouri, and they're sending us down the wrong path
- when we added the rural component.
- Okay, this is how tax credits, I think, should be structured in that a private investor This is how tax
- You know, you and I have discussed, for instance, low-income tax and how we get added benefit to that
Summary:
The Legislative Rules Committee held a public hearing and then executive session on Senate Bill 1694, along with related Senate Bill 1688, which together would modernize and expand the Missouri Downtown and Rural Economic Stimulus Act (MODESA). Senator Steve Roberts said the bills would increase flexibility for redevelopment projects, broaden financing tools, extend timelines, and expand residential incentives, with no general fund risk. Supporters, including lobbyists for the Cordish Companies, the City of Kansas City, the City of St. Louis, Greater St. Louis Inc., Historic Revitalization for Missouri, and BioSTL/Next Missouri, argued the program has already helped transform downtown Kansas City and St. Louis and could spur major redevelopment such as Ballpark Village, Power & Light, the Millennium Hotel area, the AT&T Tower, and the Railway Exchange Building. They emphasized private investment, local control, and the potential to bring vacant buildings back onto the tax rolls.
One witness, the state public advocate, opposed SB 1694, arguing it would create more bureaucracy and political subdivisions, rely on tax abatements and TIF-like tools, and shift costs to taxpayers. Committee members asked questions about the bill’s residential language, the history of MODESA projects, the fiscal note, and whether the incentives could apply to other downtown sites. Supporters clarified that the committee substitute removed a proposed income-tax incentive, reduced some escalators, and retained a voluntary, opt-in structure for cities. The chair also noted that stadiums themselves are excluded, though surrounding areas may qualify.
In executive session, the committee adopted a substitute and voted 10-0 to do pass the House Committee Substitute for Senate Substitute for Senate Committee Substitute for Senate Bills 1694 and 1688. The committee then voted 8-2 to do pass Senate Substitute Number 2 for Senate Committee Substitute for Senate Bill 1586, sponsored by Senator Brown, and 8-0 with two present votes to do pass House Committee Substitute for Senate Substitute for Senate Bill 889, which the chair described as a large cleanup bill removing obsolete statutes. The committee then adjourned.
AZ
Transcript Highlights:
- I will talk more about the $1.4 billion tax cut on the $1.4 billion tax cut, I'm sorry.
- Let's do tax cuts.
- In Arizona, you pay no tax going in and no tax coming out. What did the Democrats demand?
- H.R. 1 does offer no tax on tips. And for those ... H.R. 1 does offer no tax on tips.
- So this is not only delivering good tax policy, it's eliminating bad tax policy.
MN
Transcript Highlights:
- So by adding trigger locks, that's just an expansion of the same tax expenditure and is not considered
- So by adding trigger locks, that's just an expansion of the same tax expenditure and is not considered
- So by adding trigger locks, that's just an expansion of the same tax expenditure and is not considered
- So by adding trigger locks, that's just an expansion of the same tax expenditure and is not considered
- So by adding trigger locks, that's just an expansion of the same tax expenditure and is not considered
Committee:
Senate Taxes
MO
Missouri 2026 Regular Session
2026 Legislative Session - Day Nineteen - Wednesday, February 11 - Morning Session-
Missouri House Floor Meeting
Transcript Highlights:
- So we're moving it to say personal property tax or property tax. Thank you.
- We are looking to remove the ability to say no tax increase tax proposal.
- So there is no opportunity if a taxing entity wants to raise a tax or pass a bond.
- a school tax.
- The cost of doing a radio ad or a newspaper ad is the same in November as it is in April.
Summary:
The House convened with prayer and the Pledge of Allegiance, then approved the House Journal for February 10, 2026 by roll call vote, 120-0. Members then used personal privilege and guest introductions to recognize fraternity members, students, advocacy groups, and other visitors. One member delivered remarks honoring Alpha Phi Alpha Fraternity, and another gave a personal statement about a cousin who died in a domestic violence-related murder-suicide, followed by a moment of silence.
The main floor action focused on House Committee Substitute for House Bills 2780 and 2668, a major property tax reform package. The sponsor described the bill as a broad effort to stabilize Missouri’s property tax system after extensive statewide hearings and testimony. The bill and amendments addressed issues including clearer ballot language for tax measures, moving tax-related ballot questions to November general elections, prohibiting “no tax increase” ballot descriptions, standardizing ballot wording, changes to assessed valuation and inspection rules, quarterly tax payment options in some counties, and a fix to a CPI-related provision. Members debated the size and scope of the bill, concerns about local control, election timing, voter fatigue, and possible litigation. Amendments were adopted to narrow the title, add clear ballot language, exempt township counties from the election timing requirement, and remove duplicative language. After the previous question was ordered, the committee substitute as amended was adopted and ordered perfected and printed.
The House also perfected House Bill 1917, a Jefferson County-specific water district bill. Supporters said it would allow detachment of a ratepayer from a water district under certain conditions so a large manufacturing project could proceed, describing the district’s demands as obstructive to economic development. The bill passed committee unanimously and was ordered perfected and printed after discussion about the federal loan issue, the district’s refusal to cooperate, and whether the measure should be limited to one district or expanded later. The chamber then moved to announcements, including upcoming committee meetings, a property tax issues presentation by FFA students, birthday wishes, and a recess until 2 p.m.
WA
Washington 2025-2026 Regular Session
Senate Ways & Means Feb 2nd, 2026
Transcript Highlights:
- increase it by the added size for this new project, and we consider the one year of extra tax exemption
- The first is the local sales and use tax for housing and related services. The tax rate is 0.1%.
- This tax is credited against the state tax.
- This tax is credited against the state tax.
- The commission administers the federal low-income housing tax credit program and issues tax-exempt revenue
Summary:
The committee held a public hearing on a series of housing, education, workforce, and court-related bills. On Substitute Senate Bill 5884, staff described changes to a sales and use tax deferral for redeveloping vacant or underused land into affordable housing, including broader eligible property definitions and lower affordability thresholds in designated areas. Testimony was mixed: builders opposed language they feared could encourage project labor agreements, while Spokane and Kent representatives supported the bill but asked for flexibility on affordability mix requirements. On Senate Bill 6256, which expands a property tax exemption for nonprofit low-income rental housing to include certain co-located community uses during construction and extends the pre-construction exemption period, testimony was strongly supportive from housing nonprofits and local housing partners, with questions focused on clawback provisions.
The committee also heard Substitute Senate Bill 6027, which expands allowable uses of local housing and supportive housing sales tax revenue, adjusts a REET exemption timeline, broadens emergency housing definitions, and changes use of the Affordable Housing for All account. County, housing, and nonprofit witnesses said the bill would help preserve housing and services amid federal funding uncertainty, though Snohomish County asked for an amendment to allow rental assistance. Substitute Senate Bill 6018 would revise the Housing Finance Commission’s authority, including direct lending and bond counsel terms; commission staff said it would modernize outdated restrictions and improve financing flexibility. Substitute Senate Bill 6028 would create a revolving loan fund for mixed-income homeownership projects; supporters said it would help smaller infill projects pencil, while staff noted the loans would be subordinate and carry some risk.
Later, the committee heard Senate Bill 6275 on the community reinvestment program, which would require periodic plan updates, reporting, and a WSIPP study, while also expressing legislative intent to continue at least $100 million annually in the account. Advocates, workforce groups, legal aid providers, and small business owners testified that the program supports communities harmed by past disinvestment and should be made permanent and more accountable. Substitute Senate Bill 5961 would move the Imagination Library program from DCYF to OSPI; early literacy advocates and local partners supported the transfer as better aligned with school readiness. Substitute Senate Bill 5969 would integrate IEP transition plans with high school and beyond plans, and a prior critic said amendments addressed her concerns. Second Substitute Senate Bill 5292 would shift PFML premium rate-setting to the annual actuarial report and raise the reserve target; labor and industry witnesses supported the change, while a policy group opposed the program’s costs.
The committee also heard Senate Bill 5868 to add one superior court judge each in Skagit and Yakima counties. Judges and county officials testified that caseloads, population growth, and backlogs justify the additions, and county leaders said they had already budgeted for their share. Finally, Substitute Senate Bill 5827 would allow service members to use pre-discharge certification to claim veterans’ civil service preference; the sponsor said it would solve a timing problem for transitioning service members. No votes or final committee actions were taken in the transcript, as the meeting consisted of bill briefings and public testimony.
FL
Florida 2026 5th Special Session
Community Affairs Dec 9th, 2025
Transcript Highlights:
- tax receipts.
- not speak specifically to property taxes.
- Those revenues would include property taxes as provided by the Constitution, local business tax as provided
- by statute, as well as communication services tax and the municipal utility service tax.
- We've gotten rid of sales tax, rent tax, business sales tax.
Summary:
The Committee on Community Affairs met with a quorum present and took up SB 122, which would repeal Chapter 205 on local business taxes while allowing municipalities to continue imposing a gross-receipts-based business tax on merchants. Senator Trumbull presented the bill for the sponsor, and committee members questioned what services local governments fund with local business tax revenue and whether the bill should be considered alongside broader property tax changes. County and city representatives opposed the bill, arguing that local business taxes are capped home-rule revenues used for general fund services such as public safety, zoning and licensure checks, economic development, and business support, and warning that repeal would shift costs to residential taxpayers and reduce local flexibility. Senator Shreve said he would vote no because of ongoing property tax discussions, while Senator Pizzo said he would support the bill but wanted clearer accounting of how the revenue is spent. The committee voted 5-1 to report SB 122 favorably.
The committee then held a housing panel discussion focused on Florida’s housing shortage, affordability, and supply constraints. Dr. Samuel Staley said Florida is in a housing crisis driven largely by insufficient supply, arguing that the state needs roughly 100,000 additional units per year just to keep up with in-migration and that local planning systems often do not prioritize housing enough. He urged more emphasis on measurable impacts, streamlined permitting, accessory dwelling units, smaller lot sizes, and other market-responsive tools. Ann Ray of the Shimberg Center said Florida is seeing more single-family and multifamily construction but that production is concentrated in a handful of counties, while condo construction remains limited; she also noted that rents and home prices spiked sharply in the early 2020s and remain above pre-2020 levels, with nearly 905,000 low-income renters cost-burdened. Leslie Deutsch of John Burns Research said the national housing market is slow, Florida has a severe affordability problem, and builders are lowering prices and offering incentives but still face high land, labor, materials, and insurance costs.
In committee discussion, senators focused on whether Florida should encourage more density, including townhomes, build-to-rent products, modular housing, and redevelopment of existing sites rather than relying on large new subdivisions. Members also discussed the role of local zoning, impact fees, density bonuses, and state incentives tied to housing targets. Several senators said Florida’s growth and affordability challenges require updating land development codes and planning for where future residents will live without overbuilding rural or environmentally sensitive areas. The chair closed by emphasizing that density can support affordability and that Florida should use existing footprints more efficiently.
MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 3/12/26
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- tax policies contained within the federal tax bill.
- He added that a constituent recently told him that if they conformed to the federal tax bill, it would
- The CBO produces tax incidence for federal taxes.
- We have a 9.875% sales tax. You have some payroll taxes. You may have some income tax.
- </c> sales tax. You have some payroll taxes. sales tax. You have some payroll taxes.
CO
Colorado 2026 Regular Session
Colorado House 2026 Legislative Day 118 May 12th, 2026
Colorado House Floor Meeting
Transcript Highlights:
- For the tax year 2027 and each tax year thereafter, a credit against the tax imposed by sections 10-3
- quarterly or annual tax payments.
- The tax credit may be claimed on one or more subsequent quarterly or annual tax payments beginning on
- For each tax year through the tax year 2026, a credit against the tax imposed by sections 10-3-209 and
- Fees function like a hidden tax. I know the good taxpayers know this. We go from taxes to fees.
VT
Transcript Highlights:
- property transfer tax.
- </c> that owners pay property taxes as well. that owners pay property taxes as well.
- and exempt from the sales and use tax and exempt from the sales and use tax. tax. tax.
- </c> subject to the sales and use tax. subject to the sales and use tax.
- </c> statute was added in the 1970s. statute was added in the 1970s.
CA
California 2025-2026 Regular Session
Assembly Arts, Entertainment, Sports, and Tourism Committee Jun 23rd, 2026
Transcript Highlights:
- property tax from the development would be impacted.
- million in state sales tax revenue alone.
- Those producing ads will need more specificity.
- What if the ad also features human actors in the foreground, who are the primary focus of the ad?
- We do ads for campaigns, and at the end of the ads, we say it real quickly: 'Paid for by Tina McKinner
Summary:
The Assembly Committee on Arts, Entertainment, Sports, and Tourism heard several bills focused on California’s creative economy, sports development, and cultural preservation. SB 226 by Senator Cabaldon would clarify that infrastructure revitalization financing districts may be used for entertainment and sports facilities, with testimony from West Sacramento officials emphasizing that the tool would rely only on project-generated city tax increment and would not affect school districts, counties, or the General Fund. Members discussed the relationship between IRFDs and EIFDs and the distinction between infrastructure financing and direct subsidy of private sports teams or stadiums.
SB 865 by Senator Ashby proposed support for destination music festivals, citing the economic impact of events such as Aftershock and Golden Sky in Sacramento and similar festivals elsewhere in the state. Supporters from Visit Sacramento and Danny Wimmer Presents said festivals generate substantial jobs, tax revenue, and tourism spending while promoters bear the financial risk. Several committee members and public witnesses supported the bill as a way to sustain the creative economy, local businesses, and opportunities for artists. The bill passed the committee on a unanimous vote and was sent to Appropriations.
SB 1050 by Senator Ashby would require disclosures when synthetic performers are used in advertisements, including audio ads, to inform consumers and protect human performers from displacement. SAG-AFTRA and voice actor advocates argued that consumers deserve to know when an ad uses AI-generated likenesses or voices, while TechNet, the Motion Picture Association, broadcasters, and other industry groups opposed unless amended, raising concerns about overbreadth, audio-only implementation, private enforcement, and the need for clearer exemptions and definitions. Members generally supported the bill’s goal but noted technical issues to refine; it passed unanimously to Judiciary. SB 1073 by Senator Smallwood-Cuevas would create a voluntary tax checkoff to support the South Los Angeles Black Cultural District. Supporters described the district’s historic and cultural significance and framed the measure as a way to help preserve Black cultural assets amid limited public funding. Members discussed how the checkoff would appear on tax forms statewide, its voluntary nature, and whether it could serve as a model for other districts. The bill also passed unanimously to Appropriations, and the committee later adopted the consent calendar unanimously as well.
WA
Washington 2025-2026 Regular Session
House Finance Jan 22nd, 2026
Transcript Highlights:
- For open space categories, back taxes called additional tax represent the tax benefit received over the
- reliance on regressive taxes throughout our tax code.
- Well, just like tariffs are taxes, taxes are also taxes. So they have to be borne by somebody.
- She added that Washington’s tax system, and the country as a whole, reflects two very different economies
- She added that hospitality is a high-volume, low-margin sector and that Washington’s tax system is especially
Summary:
The committee held public hearings on several bills. HB 2140 would exempt land sold or transferred to a governmental entity from additional tax when removed from open space classification in certain circumstances. Staff explained the current use property tax system and said the bill would likely have minimal but indeterminate revenue effects, with about $30,000 in one-time Department of Revenue costs. Representative Lowe said the bill was intended to fix a niche problem where a farmer loses a small frontage strip to a county and is then charged back taxes despite no change in land use. FutureWise testified in support of the bill’s intent but asked for small language changes to ensure transferred land remains compatible with agricultural or open space use. The public hearing on HB 2140 was then closed.
HB 2326 would allow a fire protection district that is partially overlapped by another district’s EMS levy to impose its own levy on the portion not already covered, subject to voter approval in the affected area. Staff said the bill would have no state general fund impact and about $28,000 in one-time Department of Revenue costs. Fire district and fire chief representatives testified in support, describing situations in Clark County and Kittitas County where most residents cannot vote on an EMS levy because a small overlapping area already has one. Opponents, including Washington Citizens Against Unfair Taxes, argued the bill would add to property tax burdens. The hearing on HB 2326 then closed.
HB 2334 would require rounding of cash transactions to the nearest five cents as pennies are phased out of circulation, while leaving non-cash payments unchanged. Staff said the bill would apply to the final total after taxes and fees, with an indeterminate but minimal state revenue impact and significant Department of Revenue implementation costs. The prime sponsor said the bill was needed because the federal government ended penny production without giving states guidance. Retail and grocery groups generally supported the concept but requested amendments for clarity, consumer protection, SNAP compliance, and flexibility while pennies remain in circulation; one witness opposed the bill as another tax burden. The hearing on HB 2334 was then closed.
The committee then heard HB 2100, a proposed statewide payroll expense tax on large operating companies to fund a new Well Washington Fund for higher education, health care, cash assistance, energy, and housing. Staff said the proposed substitute would apply to employers with at least 250 employees and $7 million in annual payroll, exclude certain public and health care entities, and generate substantial revenue, with the fiscal note estimating about $7.6 billion to the general fund and $4.2 billion to the new fund in the 2027–29 biennium under the revised threshold. Supporters, including poverty, housing, labor, education, disability, and faith advocates, said the bill would help offset federal cuts and protect vulnerable residents. Business, retail, hospitality, construction, and technology groups opposed it, warning of job losses, higher costs, reduced competitiveness, and broader impacts on consumers and employers. The prime sponsor said the bill was a response to federal divestment and that the state needed a progressive revenue source now; no vote was taken in the transcript.
NH
New Hampshire 2026 Regular Session
Committee of Conference on HB 155, HB 1102, HB 1109, HB 1356, HB 1469, HB 1323, HB 1376 (05/26/2026)
Transcript Highlights:
- And so I'm sorry. an business enterprise tax return. an business enterprise tax return.
- </c><00:18:12.799><c> I</c> uh tax any changes to the tax codes.
- I uh tax any changes to the tax codes.
- </c> had the $98 million in business taxes had the $98 million in business taxes that<00:23:37.280><c
- combined business enterprise tax and business profits tax surplus equals $100 million or more.
Summary:
The meeting began with unanimous committee approval of amendment 2026-2021S to HB 2. Senator Lang explained the amendment corrected a drafting error so that $2.5 million in state funds, matched with federal money for a total of $5 million, could be spent during the biennium rather than lapse at the end of the fiscal year. The money is intended to stabilize Medicaid per diem rates for county nursing homes, and members agreed without objection to adopt the amendment and continue working from the bill as amended by the Senate.
The committee then discussed HB 155 and a proposed amendment, 2026-201H, dealing with the business enterprise tax. The House side described the proposal as a compromise that would raise the filing threshold from $250,000 to $375,000 and create a trigger that would reduce the BET rate by 0.05% for each $100 million in combined business tax surplus, down to a floor of 0.25%. Senate members opposed lowering the rate at this time, arguing that tax relief should focus on the filing threshold, which they said would remove filing burdens for about 3,500 small businesses, and that rate cuts should be considered in a budget cycle rather than an off-year. Concerns were raised that one-time revenues, such as tax amnesty receipts or federal repatriation-related surpluses, could unintentionally trigger reductions.
Representative Sweeney later offered a revised approach by moving the effective date of the trigger mechanism to January 1, 2028, and said he was also willing to carve out tax amnesty revenues or adjust the effective date to avoid using one-time funds. The Senate remained unwilling to agree to a rate reduction, though it expressed openness to raising the filing threshold further. The committee ultimately did not resolve the business tax issue and recessed to continue discussions at a later time.
The final item discussed was HB 1102, concerning an increase in the research and development tax credit paired with changes to state park fees. House members supported the R&D credit increase but opposed tying it to higher park fees, citing concerns about tourism, especially at border parks, and noting that the Department of Natural and Cultural Resources had said it did not need the increase. Senate members defended the park fee changes as a fairness issue, arguing that New Hampshire residents should pay less than out-of-state visitors and that the department had not raised rates in many years. No vote was taken on this item during the discussion captured here.
AR
Transcript Highlights:
- tax cuts. ...about tax cuts and the importance of making sure that we're prioritizing tax cuts.
- We don't want the tax cut conversation to be an afterthought, that we will cut taxes if we have enough
- money to cut taxes; prioritize how we're allocating the money so that we can cut taxes.
- , or if it’s corporate franchise taxes, or if it’s really that sales tax?”
- “It’s sales tax, ma’am.
Committee:
All JOINT BUDGET COMMITTEE
MN
Transcript Highlights:
- </c> a refundable sales tax sales and use tax a refundable sales tax sales and use tax exemption<00:04
- pay sales tax on right now.
- pay sales tax on right now.
- pay sales tax on right now.
- </c><01:25:56.440><c> gas</c><01:25:56.719><c> tax</c> sales tabs tax delivery fee the gas tax sales
Committee:
House Taxes
MO
Missouri 2026 Regular Session
Commerce Feb 18th, 2026
Commerce, Consumer Protection, Energy and the Environment
Transcript Highlights:
- Do you know what taxes are included in the tax credit?
- We have varying views on tax credits, tax incentives, etc.
- You have a mixture of tax incentives, tax abatements, tax deferrals, deregulation. ...interested parties
- You have a mixture of tax incentives, tax abatements, tax deferrals.
- A mixture of tax incentives, tax abatements, tax deferrals, deregulation.
Summary:
The Commerce Committee met in executive session and unanimously voted do pass on House Bill 1707, House Bill 2927, and House Committee Substitute for House Bill 2057. The committee then moved into public hearing on House Bill 1664, which would extend the civil statute of limitations for child sexual abuse claims from age 26 to age 41. Representative Brian Sites presented the bill as a needed step for survivors, and multiple witnesses and organizations testified in support, including survivors and advocacy, tort reform, chamber, and insurance groups. No opposition was heard, and the hearing concluded without a vote.
The committee also heard House Bill 1845, a startup and angel investor tax credit proposal sponsored by Representative Gallick. The bill would create incentives for Missouri-based startups under $5 million in revenue, with higher credits for rural investment, annual caps, oversight by the Missouri Technology Corporation, and a sunset in 2033. Members questioned what taxes the credit would apply to, how it would work if Missouri changes its income tax structure, and what safeguards would prevent businesses from leaving after receiving credits. Business and economic development groups testified in support, saying the bill would help fill an early-stage capital gap and keep investment in Missouri.
Finally, the committee heard House Bill 3231, a broad economic development and “Missouri Innovation Zone” proposal sponsored by Representative Brad Christ. The bill would let cities opt in to create innovation zones with local permitting and governance changes, tax incentives, office-to-residential conversion tools, and reinvestment of net new revenues into public safety, infrastructure, and a rural development fund. Members and witnesses discussed local control, prevailing wage, revenue diversion, and implementation concerns, especially from the City of St. Louis and labor groups, while chambers, developers, municipal groups, and historic revitalization advocates generally supported the concept. The hearing ended with no opposition testimony and no committee vote on the bill.