Video & Transcript Research : 'surplus revenue'
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MN
Transcript Highlights:
- One last thing I'll note, Madam Chair and members: there is a revenue impact on this bill.
- That's what the bill does and how much the bill would have an impact on our revenue.
- I really appreciate Department of Revenue, too. I just talked to Ms.
- The only way that counties can increase our revenue is through an increase in property tax.
- The only way that counties can increase our revenue is through an increase in property tax.
Keywords:
HF2254, Minnesota child credit, baby bonus, child tax credit, income tax, individual income tax, tax relief, newborn, birth credit, family tax credit, tax refund, advance payment, Department of Revenue, taxable year, parenting, families with children, child credit, state regulations, families, taxation
WA
Washington 2025-2026 Regular Session
Senate Transportation Jan 19th, 2026 at 04:00 pm
Transportation
Transcript Highlights:
- Expected costs and motor vehicle fund revenues will likely be indeterminate given that the bill provides
- This may not make much of a big impact on it, but it is the type of revenue that we should be accounting
- funding sources it has available, it can also issue debt in the form of general obligation bonds and revenue
- Like transportation projects across the country, costs continue to rise and outpace current revenues.
- Like transportation projects across the country, costs continue to rise and outpace current revenues.
Keywords:
electric vehicles, charging fees, state facilities, sustainability, infrastructure, regional transit authority, RTA, transit bonds, general obligation bonds, revenue bonds, bond maturity, debt limit, 25-year cap, regional mobility grant program, public transit financing, transportation funding, Washington RCW, bond issuance, municipal finance, infrastructure finance
Summary:
The Senate Transportation Committee held public hearings on several bills. On Substitute Senate Bill 5690, the committee heard staff explain that WSDOT would be required to give utility owners advance notice of planned fish barrier removal projects and Dig Once projects, seek federal funding for utility relocation costs when available, and report back to the Legislature by December 15, 2026. Supporters, including the prime sponsor, sewer and water districts, PUDs, and a remote testifier, said the bill would help utilities plan for costly relocations and potentially reduce impacts on ratepayers. WSDOT said it supported the intent but raised concerns about the bill’s fiscal impact and whether federal funding for these costs is still available. The public hearing closed with testimony recorded as 46 in favor and none opposed.
The committee then heard Engrossed Senate Bill 5746, which would create or continue an advisory process within the state’s EV Coordinating Council to address property crime affecting EV charging infrastructure. Staff said the bill is substantively the same as a version previously passed by the Senate, with technical updates, and would require recommendations, reporting, and limited confidentiality protections for proprietary information. The prime sponsor argued that vandalism and theft at charging stations undermine public infrastructure and that the bill would bring together relevant stakeholders. Testimony was overwhelmingly supportive, with one recorded opponent.
Next, the committee heard Senate Bill 5750, which would authorize state facilities to charge privately owned electric vehicles a fee for electricity and deposit the revenue into the motor vehicle fund. The sponsor said the bill would make charging at state facilities fairer by recovering costs from private EV users, rather than providing free fuel. Staff noted the bill is permissive and that fiscal impacts and revenue would be indeterminate. The hearing closed with strong support and a small amount of opposition recorded.
Finally, the committee heard Senate Bill 6148, which would increase the maximum term for regional transit authority bonds from 40 years to 75 years, affecting Sound Transit. Supporters, including Sound Transit and transit advocates, said the longer term would align with federal financing rules, help manage cash flow, and accelerate delivery of long-lived infrastructure such as tunnels and bridges without raising taxes. Opponents argued the bill would increase long-term debt costs and shift burdens to future generations, and questioned Sound Transit’s financial management. The hearing closed with substantial pro and con testimony recorded, and the committee adjourned after the public hearings.
AL
Alabama 2025 Regular Session
Alabama Senate County and Municipal Government Committee Apr 15th, 2025
County and Municipal Government
Keywords:
local redevelopment, tax payments, transient occupancy, state revenue, authority powers, transparency, discretionary accounts, government accountability, public access, online publication, liquefied petroleum gas, safety regulations, public gathering places, cylinder storage, proximity regulations, drycleaning, environmental remediation, pollution, hazardous waste, trust fund
AL
Alabama 2025 Regular Session
Alabama House Ways and Means General Fund Committee Mar 5th, 2025
Ways and Means General Fund
Transcript Highlights:
- I do actually, but I certainly would like for you to try to find some additional revenue sources in the
- I'm confident you can find some revenue sources. Yes, sir. What’s the rocket?
- If you'll recall, we used some ARPA money that came in for what was considered lost revenue.
- the Children's Group spoke last year about their concerns with the funding and the Department of Revenue
- Revenue that we've also discussed, but I don't think anyone wants to protect that funding knowing the
Keywords:
elections, post-election audit, election audit, risk-limiting audit, ballot audit, election integrity, voter confidence, Secretary of State, judge of probate, canvassing board, poll watchers, ballot containers, manual tally, recount, county election, statewide election, general election, absentee ballots, provisional ballots, election transparency
MN
Transcript Highlights:
- As Department of Revenue on this policy.
- If adopted, this bill revenue estimate.
- Providing the Department of Revenue the ability to accurately collect the revenues owed by the state's
- Providing the Department of Revenue the ability to accurately collect the revenues owed by the state's
- I'm the legislative director at the Department of Revenue.
TX
Texas 89th 2nd C.S.
Pensions, Investments & Financial Services Mar 17th, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- This theft also robs Texas of vital tax revenue, undermining our state's economic stability.
Keywords:
disabled veteran, partially disabled veteran, veterans property tax exemption, homestead exemption, ad valorem tax, property tax relief, surviving spouse, appraisal district, Tax Code, local government revenue, homestead portability, service-connected disability, veteran benefits, Texas property tax, residence homestead, disability rating, disaster response, financial assistance, helicopter, municipalities
MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 4/14/26
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- Uh, but the revenue piece would involve DEED, and the revenue would be dedicated to new special revenue
- Uh department of revenues budget bill.
- deed but the revenue piece would involve deed and<00:03:25.760><c> the</c><00:03:26.000><c> revenue<
- ><c> revenue</c><00:03:28.560><c> funds</c><00:03:28.879><c> supporting</c> new special revenue funds
- </c><00:19:04.000><c> fund</c> going to this new special revenue fund going to this new special revenue
Keywords:
workers' compensation, Minnesota workers' compensation, Workers' Compensation Advisory Council, reinsurance association, Workers' Compensation Reinsurance Association, WCRA, occupational disease, presumption, first responders, firefighter cancer, PTSD, post-traumatic stress disorder, police officer, paramedic, emergency medical technician, correctional officer, security counselor, public safety dispatcher, temporary total disability, permanent partial disability
WA
Transcript Highlights:
- It provides that JLARC will get the necessary data to conduct the study from the Department of Revenue
- House Bill 2442 would expand the use of local real estate tax revenues.
- House Bill 2442 would expand the use of local real estate tax revenues.
- So I've done this such that it is revenue neutral to the taxing districts.
- They gain no additional revenue. They lose no revenue.
Keywords:
affordable housing, sales tax, housing programs, tax incentives, economic development, property tax, senior citizens, tax exemption, local government funding, permanent legislation, adaptive housing, disabled veterans, tax preferences, housing affordability, retail sales tax, governmental transfer, agriculture, land use, local government, tax authority
Summary:
House Finance heard briefings on several tax and housing-related bills, including HB 1717 on a local sales and use tax remittance program for affordable housing, HB 1859 on expanding affordable housing opportunities on religious organization property, HB 1960 on a renewable energy excise tax, HB 2133 on making a senior center property tax exemption permanent, HB 2135 on extending a disabled veterans housing tax preference, HB 2140 on tax treatment for land transferred to government entities, HB 2442 on a broad package of local tax and levy authorities, and HB 2559 on a local option excise tax on short-term rentals for affordable housing. Staff also described proposed substitutes and amendments for each measure, including changes to administration, eligibility, effective dates, tax credits, voter-approval requirements, and JLARC review provisions.
During executive action, the committee adopted amendments to HB 1960 clarifying tax administration and JLARC independence, while rejecting an Orcutt amendment that would have adjusted property tax levies for renewable energy projects. The committee also adopted a technical correction to HB 2133 and an effective-date amendment to HB 2135. Amendments to HB 2442 and HB 2559 that would have required voter approval or provided state tax credits were rejected. Members debated the policy impacts of local taxing authority, housing affordability, and tax burdens on property owners, veterans, seniors, and short-term rental operators.
The committee voted to report HB 1717, HB 1859, HB 1960, HB 2133, HB 2135, HB 2140, HB 2442, and HB 2559 out of committee with do pass recommendations. HB 1960 passed on a recorded vote of 11 ayes and 4 nays; HB 2442 and HB 2559 each passed 9-6; the other measures were approved by voice vote, generally 15-0. The meeting then adjourned.
AL
Alabama 2026 Regular Session
Alabama House Financial Services Committee Mar 10th, 2026
Financial Services
Transcript Highlights:
- There have been consultations with the finance department and the Department of Revenue has been involved
- uh the the finance department. um out uh the department<00:08:00.720><c> of</c><00:08:00.879><c> revenues
- The Department of Revenue shall post a notice on... Chairman, I ask to offer this amendment.
- 00:08:58.080><c> the</c><00:08:58.240><c> department</c><00:08:58.640><c> of</c><00:08:58.720><c> revenue
- </c><00:08:59.120><c> shall</c> state, the department of revenue shall state, the department of revenue
Keywords:
Escambia County, probate court, court fees, legal services, judicial legislation, HB545, legal tender, cash rounding, nearest five cents, nickel rounding, in-person cash transaction, cash transactions, change making, sales tax, Department of Revenue, merchant payments, consumer payments, currency rounding, cash payment, retail transactions
AL
Alabama 2025 Regular Session
Alabama House Lee County Legislation Committee Apr 24th, 2025
Lee County Legislation
Transcript Highlights:
- The next bill is SB329, where the revenue commissioner is authorized to perform duties of selling and
Keywords:
Lee County, Alabama, business personal property tax, business property tax, personal property tax return, electronic filing, e-filing, tax administration, revenue commissioner, county tax, business tax return, tax preparer, third-party preparer, property tax returns, online tax filing, local legislation, land redemption, taxation, administrative fee, 1136
KY
Kentucky 2026 Regular Session
Interim Joint Committee on Local Government (7-24-23)
Keywords:
KY LRC YouTube, https://www.youtube.com/watch?v=NFxmwZwseq4, 2026-06-21T07:17:04+00:00, 2.2.24, Data collected via generic collector engine, Meeting Start 00:00:00
Attendance Roll Call 00:00:18
Discussion of Local Government Revenue Sources and Budgeting Process 00:04:38, 958, all, 2.2.42, 2.1.47
TX
Transcript Highlights:
- One, what is the no-new-revenue rate, which is how much revenue do you collect?
- Would you say your sales tax revenues are probably larger than your property tax revenues? No, sir.
- And you also have water and sewer revenues?
- And we did go up above the no new revenue rate, but this year we're planning for the no new revenue rate
- million in revenue.
Bills:
SB9
Keywords:
property tax, ad valorem tax, voter-approval tax rate, no-new-revenue tax rate, tax rate calculation, Tax Code, local government finance, municipality, county, special taxing unit, sales and use tax, property tax cap, tax rollback, tax levy, maintenance and operations, debt rate, disaster relief rate, Texas Legislature, local taxing unit
Summary:
The Senate Committee on Local Government met to hear Senate Bill 9, which would lower the voter-approval tax rate for certain local taxing units from 3.5% to 2.5%. Sen. Bettencourt, the bill author, argued the change would continue the state’s property tax reforms begun in 2019, slow local levy growth, and give voters more say over larger tax increases. He and supporters cited data showing property tax levies have grown faster than population plus inflation, and said the bill would help protect taxpayers while preserving the state’s broader investments in school tax relief, water, rural law enforcement, and ambulance funding.
Supporters included the Texas Taxpayers and Research Association, the Texas Association of Business, the Texas Public Policy Foundation, and the Texas Association of Manufacturers. They said the bill would improve transparency, encourage more disciplined budgeting, and create certainty for homeowners and businesses. They argued that lower tax-rate growth would help attract and retain employers and investment, and that voters would still be able to approve higher rates when needed.
Local officials and other opponents said the bill would constrain cities and counties facing rapid growth, inflation, infrastructure needs, and public safety costs. Testimony from county judges, city finance officials, firefighters, and urban county representatives emphasized pressures from jail operations, roads, water, EMS, police and fire staffing, and unfunded mandates. Several witnesses asked for carve-outs or exemptions for public safety and disaster-related costs, warning that a one-size-fits-all cap could force service cuts or shift costs elsewhere. The committee heard extensive questioning but no final vote or disposition on the bill was taken in the portion provided.
TX
Transcript Highlights:
- Importantly, this legislation aligns with the ERS's current procedures, is revenue neutral, and ensures
Bills:
HB104
Keywords:
property tax, ad valorem tax, tax rate election, voter-approval tax rate, no-new-revenue tax rate, de minimis rate, local government, special district, tax increase, tax notice, public hearing, tax code, Health and Safety Code, Texas property taxes, taxing unit, election threshold, two-thirds vote, majority vote, budget approval
TX
Transcript Highlights:
- But actively convert resource revenues into long term public capital and economic growth.
- Is it surplus? Right, but I guess do y'all know the sources, the origins of how we get the ESF?
- So we would, the way we generate the revenue is out of, uh, private industry that pays the tax that,
- This approach ensures that a dedicated revenue stream exists outside the general revenue fund, preventing
- into the general revenue fund from 70% to 50%.
Bills:
HB104
Keywords:
property tax, ad valorem tax, tax rate election, voter-approval tax rate, no-new-revenue tax rate, de minimis rate, local government, special district, tax increase, tax notice, public hearing, tax code, Health and Safety Code, Texas property taxes, taxing unit, election threshold, two-thirds vote, majority vote, budget approval
AL
Bills:
SB118, SB203, HB420, HB414, HB363, HB405, HB261, HB263, HB327, HB348, HB228, HB282, SB273, HB7, SB296, SB199, SB47, SB204, HB80, HB11, HB192
Keywords:
bail, offenses, constitutional amendment, criminal justice, law enforcement, public safety, dental insurance, medical loss ratio, premium regulation, insurance commissioner, rebate, consumer protection, Baldwin County, local bill, education funding, school tax, privilege license tax, county tax revenue, municipal school board, Baldwin County Board of Education
TX
Transcript Highlights:
- So instead of implementing a penalty, the bill says you cannot exceed the no-revenue tax rate as opposed
- 1851 will protect the people of Texas by limiting cities that are not in compliance to the no new revenue
- rate, yet will also allow those cities. to continue to function because they'll still receive the revenue
- the authority to destroy those sensitive data devices. ...that have been determined as salvage or surplus
- This annexation of these areas would result in an estimated loss of $4.5 million in revenue for the city
Bills:
SB1079, SB1243, SB1504, SB1579, SB1708, SB1844, SB1851, SB1879, SB1921, SB1951, SB2237, SB2238, SB2406, SB2407
Keywords:
SB 1079, Texas, county government, commissioners court, Local Government Code, Chapter 263, surplus property, salvage property, data storage device, hard drive, electronic media, digital records, confidential information, protected information, privacy, records retention, information security, data destruction, device disposal, sensitive data
TX
Bills:
SB 1079, SB 1243, SB 1504, SB 1579, SB 1708, SB 1844, SB 1851, SB 1879, SB 1921, SB 1951, SB 2237, SB 2238, SB 2406, SB 2407
Keywords:
SB 1079, Texas, county government, commissioners court, Local Government Code, Chapter 263, surplus property, salvage property, data storage device, hard drive, electronic media, digital records, confidential information, protected information, privacy, records retention, information security, data destruction, device disposal, sensitive data
OK
Transcript Highlights:
- The Senate Revenue Taxation Committee will come to order. Senator Hall, you are recognized.
- What will those funds go back into general revenue if this doesn't extend?
- Real quickly, these types of programs effectively reduce the amount of revenue that's coming into the
- It's the obligation of the people of Oklahoma to endure that shortfall of that revenue that should be
- That resulted in the unfortunate loss of ad valorem revenue for this one particular place.
Keywords:
veterans, tax refund, Oklahoma Department of Veterans Affairs, capital improvement, donations, Oklahoma Emission Reduction, incentive, taxation, environment, revenue, investment, school funds, treasurer, education funding, financial policy, income tax, scholarship, tax credit, Oklahoma Tax Commission, school funding
OK
Transcript Highlights:
- Senator Corman, the Senate Revenue and Taxation Committee will come to order.
- Will those funds go back into general revenue if this doesn't extend?
- Real quickly, these types of programs effectively reduce the amount of revenue that's coming into the
- in furtherance of a compelling state interest that resulted in the unfortunate loss of ad valorem revenue
- We bring in revenue elsewhere because we have a tax system that's been set up, and whoever it is is used
Keywords:
veterans, tax refund, Oklahoma Department of Veterans Affairs, capital improvement, donations, Oklahoma Emission Reduction, incentive, taxation, environment, revenue, investment, school funds, treasurer, education funding, financial policy, income tax, scholarship, tax credit, Oklahoma Tax Commission, school funding
Summary:
The Senate Revenue and Taxation Committee considered several House bills dealing with tax credits, fee changes, school funding, and investment authority. House Bill 4426 extended the sunset on the SIDE tax credit to December 31, 2032, and passed 7-2. House Bill 3704 elected Oklahoma into the federal income tax credit for contributions to scholarship-granting organizations and passed 9-2. House Bill 4311 raised the unclaimed property division’s administrative fee from 4% to 6% to cover increased duties and costs; it passed 8-3 after debate over whether the increase was justified. House Bill 3044 reauthorized the veterans income tax checkoff and the associated capital improvement fund, and passed 10-0. House Bill 4191 revised the Smaller Employer Quality Jobs Act by lowering job thresholds, expanding qualifying locations and industries, and changing other eligibility rules; it passed 6-4. House Bill 3465 extended the emission tax credit sunset from July 1, 2027 to July 1, 2029 and passed 6-4, with opponents arguing it subsidized compliance with federal mandates. House Bill 3972, a title-off bill addressing ad valorem reimbursement issues tied to the state purchase of a prison, drew extensive debate over precedent and scope; an amendment to add a sunset failed 5-5, and the bill then passed 8-2 as amended.
TX
Transcript Highlights:
- After the 25 cents, 25% is taken out of general revenue deposited in the Foundation School Program.
- Half of the Permanent School Fund revenue comes from energy production.
- for that rainy day. fund and so many other revenue sources for the state of Texas.
- If oil revenue declined, would it have fewer dollars there? Not compared to what.
- General Revenue, taxpayers.
Keywords:
Texas STRONG defense fund, severance tax revenue, oil and gas revenue, constitutional transfers, rainy day fund, economic stabilization fund, state highway fund, oil and gas production, qualifying county, county grants, water infrastructure, first responders, public safety, DPS staffing, commercial motor vehicle safety, gang violence prevention, human trafficking prevention, economic development, TxDOT grants, school districts