Video & Transcript Research : 'Estates Code'

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CA

California 2025-2026 Regular Session

Assembly Revenue and Taxation Committee Jun 29th, 2026

Revenue and Taxation

Transcript Highlights:
  • SB 711 made hundreds, or maybe a thousand, substantial changes in the Revenue and Taxation Code to make
  • Well, I want to say last year the bill SB 711 did make maybe a thousand changes in the tax code.
  • Key stakeholders in the real estate industry have agreed there's no need to create a new form.
  • But let's use an existing real estate form called the Preliminary Change of Ownership Report, or PCOR
  • , by law, is made available... ...information about a real estate transaction to the assessor and, by
Keywords: 988, house, all
HI
Transcript Highlights:
  • the applicable building codes. the applicable building codes.
  • the other three codes.
  • take care of the this the building code. take care of the this the building code.
  • You could have a state code that's different and usually is different from a county code.
  • state building code council. state building code council.
Summary: The joint public hearing covered several housing-related bills and one building-code measure. HB 1719 would make manufactured homes a permitted use by right on residentially zoned lots in the urban district, HB 1742 would authorize self-contained relocatable housing units with restrictions, and HB 1737 would clarify that a farm dwelling in an agricultural district may include an accessory employee housing structure. Testimony on these bills was overwhelmingly supportive from groups including Hawaii Realtors, Grassroot Institute of Hawaii, Housing Hawaii’s Future, the Modular Building Institute, the Hawaii Farmers Union, and others, with a few agencies offering comments. No one testified in opposition on HB 1719 or HB 1742, while HB 1737 drew one opposition and one comment in addition to broad support. No votes were taken during the hearing segment provided. A major portion of the hearing focused on HB 2049, which restructures the conveyance tax into a marginal-rate system and changes how the revenue is allocated, including funding for the Department of Hawaiian Home Lands and the rental housing revolving fund, while also affecting the legacy land conservation fund. Supporters, including DHHL, Hawaii Appleseed, Aahu Youth Action Board, Hawaii YIMBY, and others, argued the bill would help Native Hawaiian housing and, for most transactions, function as a tax cut. Opponents, including NAP Hawaii, Hawaii Realtors, Hawaii Land Trust, Mhai Land Trust, and the Tax Foundation of Hawaii, objected to using conveyance tax as a revenue-generating tool and raised concerns about higher upfront costs and reduced funding for other housing uses. Committee members and staff discussed the bill’s revenue estimates, the reduced percentage but higher cap for the land conservation fund, the effect on rental housing funding, and the bill’s cost-of-living adjustment language; staff said a line-by-line comparison of the current and proposed tax structure would be provided before decision-making. The hearing also took up HB 1725, which would extend the state building code adoption cycle from two years to six years, apply the IRC to triplexes and fourplexes, allow counties to adopt more or less stringent amendments, and appropriate funds for code adoption work. Most testimony supported the bill, with advocates saying the current process is unmanageable, too resource-intensive, and creates confusion because state and county codes can diverge; supporters said a longer cycle would improve clarity and allow more focused review. The International Code Council and the American Society of Heating, Refrigerating, and Air-Conditioning Engineers opposed the measure, warning that delaying adoption could have negative consequences and urging the committee to let an existing statewide code-adoption strategy proceed first. Members asked about sequencing, county implementation, and whether the longer cycle would create catch-up problems, but no action was taken in the excerpt provided.
MN
Transcript Highlights:
  • He's the director of, uh, senior director of real estate and construction services.
  • Um, he's the construction operations manager within the real estate and construction services division
  • I am, as mentioned, the senior director of real estate and construction services for the Department of
  • To that end, in October 2021, we engaged the real estate firm CBRE to assist us with the development
  • code official will<00:25:16.960> allow<00:25:17.440> us<00:25:17.679> to<00:25:
Keywords: 1183, house
HI
Transcript Highlights:
  • comply with code requirements. comply with code requirements.
  • Um, real estate commission has to do.
  • This measure requires the real estate commission to requires the real estate commission to adopt rules
  • Hawaii real estate trust fund.
  • Derek Eman and the Hawaii Real Estate Derek Eman and the Hawaii Real Estate Commission.<01:07:24.559
Keywords: 912, senate, all
Summary: The committee heard testimony on SB 2294, which would require condominium associations, boards, and managing agents to comply with declarations, bylaws, county ordinances, and state and federal laws, including mortgage lending requirements. The Community Associations Institute opposed the bill as redundant, arguing existing law already requires compliance and provides penalties. Supporters, including condominium owners and board members, said the measure would clarify that associations are not “self-governing” in a way that exempts them from outside laws, and cited examples where local officials or police told residents to take issues back to their boards. Several supporters said the bill would reinforce board responsibility for permits, safety, and legal compliance. The committee noted 27 pieces of testimony, with 10 in support and 17 in opposition, and then moved on without taking a vote on the measure in the transcript provided. The committee also took up SB 2298, which would require common interest community proxy forms to include additional language explaining proxy selection options. The Community Associations Institute opposed the bill, saying the proposed language was inaccurate and would not improve consumer clarity unless significantly revised. Supporters argued that proxy forms are confusing and that clearer instructions would help homeowners understand how their votes are being used. Opponents said the added language would make the forms longer and more confusing, and suggested a separate instruction sheet or other educational material instead. Testimony also raised broader concerns about proxy voting being misused in some associations, with one witness urging that proxy voting be eliminated altogether. The committee reported 29 written testimonies, including seven in support, 19 in opposition, and three with comments, and again did not record a final vote in the excerpt. For SB 2300, which would shorten condominium reserve cash-flow projections from 30 years to 25 years, the Community Associations Institute opposed the bill, saying it would not make housing more affordable, would reduce transparency, and would increase the annual burden by giving associations less time to save for long-life components. The group suggested that if affordability is the goal, lawmakers should consider allowing future loans or special assessments with guardrails. Supporters of the bill said the shorter projection period would better reflect practical budgeting and help associations plan more realistically, though some supporters also warned against relying too heavily on loans and emphasized accountability and fiduciary responsibility. Other testimony stressed that the impact of changing the projection period would vary by association and that many owners are already struggling with rising fees. The discussion remained focused on testimony and policy concerns, with no final action on SB 2300 shown in the transcript.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Ways and Means Jun 21st, 2026 at 12:00 pm

Joint Committee on Ways and Means

Transcript Highlights:
  • monetary policy and interest rates, including long-maturity Treasuries, and their impact on real estate
  • Not conforming with the federal tax code, given, as you've said, a slower budget growth, and as I think
  • As the Commissioner of Revenue said, we conform, for the most part, automatically to the corporate code
  • We do think that generally speaking, conformity with the federal code makes sense.
  • Picking up on the theme of Senator Comerford relative to the impacts of OB3 tax code.
Keywords: 995, all
Summary: The Senate and House Ways and Means chairs opened the FY 2027 consensus revenue hearing by emphasizing the need for a balanced, fiscally responsible budget amid federal funding cuts, health care cost pressures, and uncertainty around the federal tax law changes referred to as OB3. They also noted the state’s current revenue performance is slightly above benchmark and paid tribute to the late Representative Anne Margaret Ferranti. Secretary of Administration and Finance Matthew Gorkowitz echoed the call for caution, saying Massachusetts has protected core services while building reserves and that the FY27 budget process begins with a careful revenue estimate. Department of Revenue Commissioner Jeff Snyder, along with DOR staff, presented FY26 and FY27 tax forecasts and identified major drivers and risks: OB3’s negative impact on state revenue, surtax collections, labor market conditions, capital gains, and corporate/business excise taxes. DOR estimated OB3 would reduce FY26 revenue by about $664 million and FY27 by about $282 million, while surtax and capital gains were expected to remain strong in FY26 but soften in FY27. Members questioned the outlook for surtax, capital gains, and the potential fiscal effect of a ballot question reducing the income tax rate from 5% to 4%; DOR said that proposal could cost roughly $4.2 billion to $4.8 billion annually, with a smaller but still significant impact in FY27 because of phase-in timing. Treasurer Deb Goldberg testified next on the stabilization fund, lottery, PRIM, unclaimed property, and the Alcoholic Beverages Control Commission. She reported the rainy day fund at about $8.1 billion, said the lottery was on track for $1.5 billion in FY26 net profit and projected $1.25 billion in FY27, and highlighted that iLottery is expected to launch in summer 2026 with revenue beginning in FY27 and dedicated to child care initiatives. She also described strong PRIM performance and record unclaimed property returns, while members asked about the child care use of iLottery revenue, multilingual outreach, and the economic impact of expanded liquor licensing. Mass Taxpayers Foundation President Doug Howgate and Tufts’ Evan Horowitz then offered differing revenue outlooks and policy warnings. Howgate projected modest growth, cautioned against overusing reserves for ongoing obligations, and urged caution on federal tax conformity changes and health care spending pressures. Horowitz projected higher FY26 and FY27 revenues than other witnesses, warned that the surtax and capital gains make the tax system more volatile, and said a 4% income tax ballot question could reduce FY27 revenues by roughly $800 million to $1 billion. He also flagged the rent control ballot question as a potential risk to municipal finance and suggested the state consider giving a permanent home to the independent revenue model used by Alan Clayton-Matthews.
TX

Texas 89th 2nd C.S.

Land & Resource Management Mar 6th, 2025

Land & Resource Management

Transcript Highlights:
  • That occurs meets the code requirements and those sorts of things, but in some areas when those delays
  • Bill Longley: My recollection is if you were to dig into 212 of the local government code, and I can
  • is a pretty good example of a city that just recently had a comprehensive rewrite of their zoning code
  • My name is Alina Carnahan, and I represent the Real Estate Council of Austin, a trade association of
  • nearly 2000 members in the commercial real estate industry in Central Texas.
TX

Texas 89th Regular

Land & Resource Management Mar 6th, 2025

Land & Resource Management

Transcript Highlights:
  • Sure, my recollection is if you were to dig into Section 212 of the Local Government Code, and I can
  • a pretty good example of a city that just recently had a comprehensive rewrite. ...of their zoning code
  • We show you registered as Alina Karnahan on behalf of the Real Estate Council of Austin, and you will
  • My name is Alina Karnahan, and I represent the Real Estate Council of Austin, a trade association. ..
  • .an association of nearly 2,000 members in the commercial real estate industry in Central Texas.
Keywords: 1184, house, all
OK

Oklahoma 2026 Regular Session

Appropriations and Budget Natural Resources Subcommittee Feb 9th, 2026 at 10:30 am

A&B Natural Resources Subcommittee

Transcript Highlights:
  • They think they can break the code and they want a shot at doing it.
  • think, correct me if I'm wrong, but we're now allowing the CLO to be able to retain external real estate
  • Is the CLO did when we speak About investment real estate or real estate in any capacity, is there any
  • residential real estate that the CLO is currently operating?
  • I have to double-check that, but I'm fairly positive that there is not any residential real estate.
AL

Alabama 2025 Regular Session

Alabama House Feb 18th, 2025

Alabama House Floor Meeting

Transcript Highlights:
  • Act. relating to the Small Estates Act.
  • Members, this is an Alabama Law Institute bill that revises the Alabama Small Estates Act.
  • This is not dealing with any real property, so if your estate has real property, this doesn't deal with
  • This is only dealing with small estate acts. is only dealing with small estate acts and this is about
  • So, if you have a small estate, currently, in the code, it's not in excess of $25,000, and such adjustments
Keywords: 1136, house, all
WV
Transcript Highlights:
  • It's largely codified by Code Section 21-5I-4.
  • All right, so we've identified multiple code conflicts and some circular... ...identified multiple code
  • Disclosures pursuant to 17A to A7 of the code.
  • There's another section of code— ...constitutional officers? It should.
  • There's another section of code.
Keywords: 994, senate, all
Summary: The committee first approved the previous meeting’s minutes, then took up House Bill 4198, which would require all employers to use E-Verify to confirm new hires’ work authorization. Counsel explained that the bill would add enforcement by the Division of Labor, create tiered penalties including warnings, fines, debarment from state contracts, and possible business license revocation, while also removing criminal penalties tied to hiring unauthorized workers in light of federal law. Members raised extensive concerns about drafting problems, including circular and conflicting language, unclear references to existing verification and recordkeeping provisions, the meaning of terms like “seeks to employ,” and whether the bill could unintentionally apply to babysitters, lawn care, and other casual or household arrangements. Questions also focused on whether the bill would apply to public versus private employers, how compliance would be shown, and how penalties would work for small businesses or employers who never actually hire the person in question. The bill sponsor defended the measure as a straightforward extension of the federally required I-9 process, saying E-Verify is a quick, free online check that helps employers verify work authorization and protects them from liability for unknowingly hiring unauthorized workers. He said the bill was intended to be mandatory, not permissive, and argued that it would help law-abiding employers compete fairly. After the questioning, the committee rejected a motion to table the bill and instead sent House Bill 4198 to a seven-member subcommittee to clean up the drafting, resolve inconsistencies, and review the penalties and scope of the measure. The subcommittee was directed to meet the next morning and report back quickly. The committee then moved to House Bill 4710, with an amendment that would require a person to be registered with a political party or as an independent 210 days before filing a certificate of candidacy. Counsel explained that the bill is aimed at preventing candidates from switching parties after losing a primary and then running as independents in the general election. Members discussed how the 210-day requirement would interact with both primary and general election filing deadlines, and the Secretary of State’s office clarified that the measure would affect candidates who change affiliation shortly before filing. The discussion continued with testimony from the Secretary of State’s general counsel about how the bill would operate in practice, but no final action on the bill was taken in the portion of the meeting provided.
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 02/18/26

Taxes

Transcript Highlights:
  • This means that our tax code is tied to the version of the Internal Revenue Code as amended through a
  • Revenue Code as amended through a Revenue Code as amended through a particular<00:09:53.360> date.
  • There are the Internal Revenue Code.
  • and individuals, estates, trusts, and individuals, estates, trusts, and business<00:16:22.720>
  • code. Okay, let's uh move forward here. code. Okay, let's uh move forward here.
Keywords: 1187, senate, all
CA

California 2025-2026 Regular Session

Assembly Local Government Committee Jun 17th, 2026

Local Government

Transcript Highlights:
  • Tear it down in 30 days and build it back up to building code.
  • We're also opposed with the Code Enforcement Officer and in line with all of our comments provided by
  • code enforcement, and also registering opposition for Rural County Representatives of California.
  • Clare Sullivan, on behalf of the City of Thousand Oaks, echoing the concerns of code enforcement.
  • And so my concern, having served both in real estate and in local government, is that in local... ...
Keywords: 988, house, all
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Consumer Protection and Professional Licensure Jun 21st, 2026 at 10:00 am

Joint Committee on Consumer Protection and Professional Licensure

Transcript Highlights:
  • It was the real estate brokers, and therefore it was unfortunately real estate brokers that we were finding
  • I earned my real estate license in 2014.
  • So I'm like, Will, I'm never going to talk to these real estate agents ever again.
  • Now, it's safe to say that I probably know a lot of real estate agents, right?
  • There is so much diversity in real estate.
Keywords: 995, all
Summary: The Joint Committee on Consumer Protection and Professional Licensure heard testimony on several real estate, housing, and consumer protection bills. A major portion of the hearing focused on bills to create licensure for commercial interior designers (H.324/S.254), with supporters from the architecture and interior design fields arguing the measure would recognize a distinct profession, expand permitting authority for qualified designers, improve public safety, and remove barriers to firm ownership and public contracting. Witnesses said the proposal had been redrafted through collaboration among interior designers, architects, engineers, and building officials, and Senator Gomez said the Senate had passed the bill previously and hoped to advance it again. The committee also heard support for H.450 on solar customer protections, with solar companies backing standardized disclosures, a consumer brochure, a longer rescission period, and sales registration requirements as consumer safeguards that would not materially disrupt business operations. The committee then took testimony on H.431/S.245, a bill to end housing discrimination in the Commonwealth. Senator Gomez, fair housing advocates, and several renters described alleged discrimination against Black renters and voucher holders, citing testing data and personal experiences. They said the bill would strengthen enforcement by linking court findings to temporary license suspensions, require fair housing training, increase public reporting, and add board representation with fair housing or voucher-holder experience. A real estate appraisers representative also supported S.196, which would make appraisal licensure mandatory in Massachusetts, arguing that home valuation should be done by licensed professionals. A substantial part of the hearing addressed broker-fee and rental-timing bills, including H.335, H.336, H.374, H.224, and H.449. Supporters of the broker-fee changes argued that tenants should not be charged fees when the landlord hired the broker, while opponents warned the language could restrict tenant representation and harm small landlords, students, and the rental market. Several witnesses opposed the 90-day lease-signing window in H.336, saying it would compress the September rental cycle, worsen competition, and make it harder for students and out-of-state renters to secure housing. The chairs noted that broker fees had already been addressed in the state budget, and the hearing concluded with no votes on the bills, only the close of testimony and an announcement that the committee would not hold another hearing until later in the year.
OK

Oklahoma 2026 Regular Session

Oversight Committee for the Legislative Office of Fiscal Transparency -LOFT- Feb 26th, 2026 at 02:00 pm

Oversight Committee for the Legislative Office of Fiscal Transparency (LOFT)

Transcript Highlights:
  • While there are several entities that have a statutory role in the state's real estate, it's the Office
  • The Real Estate and Leasing Department assists state agencies.
  • This authority is reaffirmed throughout Oklahoma's statutory code.
  • There's a statement that it meets the statutory obligations related to real estate, but does not exercise
  • Because of incorrectly coded expenses, WAFT is only able to estimate that the total rent paid by the
Keywords: 914, all
FL

Florida 2025 Regular Session

Banking and Insurance Mar 25th, 2025

Transcript Highlights:
  • not service the sole basis for determining whether to deny a claim that denial under the insurance code
  • We're going to take up strike All Amendment bar code 2, 2, 7, 3, 1, 2, Without objection.
  • time. >> And I don't know if they would be exempt from estate tax.
  • That would be federal decision because it's a federal estate tax.
  • If I get us dollars that's included in the estates.
Keywords: 999, senate, all
FL

Florida 2026 Regular Session

FL House Floor Session - 2026-02-19 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • leases for estate planning retain homestead benefits.
  • these leases for estate planning retain homestead benefits.
  • They're not a real estate agent. A real estate agent couldn't sell an insurance product.
  • Reagan National Airport has the code letters DCA, which were their original code letters, and George
  • And they did the code change from IDL to JFK.
Summary: The Senate convened with an opening prayer, pledge, and a series of gallery introductions recognizing visitors, local officials, students, and public safety personnel. The chamber first took up a report from the Ethics and Elections Committee on 42 executive appointments; after Senator Gaetz explained that the committee had reviewed the appointees’ qualifications and suitability, the Senate adopted the report and confirmed the appointments by a 36-0 vote. The Senate then moved through a long special-order calendar focused largely on open-government sunset reviews and other policy bills. It passed measures to continue or consolidate public records and meeting exemptions for aquaculture records, agency-held trade secrets, and cybersecurity information, with one technical amendment adopted on the cybersecurity bill. The chamber also approved bills extending the statute of limitations for failure to report child abuse, strengthening regulation of commercial driving schools, requiring human trafficking education for nursing graduates, creating a new injunction for protection against serious violence by a known person, and making the related public-records exemption. Additional bills passed included a nature-based coastal resiliency measure with an amendment restricting dredge-and-fill in Terra Ceia Aquatic Preserve, a chiropractic trust-funds bill, specialty license plates, a one-time waiver of late financial disclosure fines, public school personnel compensation changes, the annual Department of Agriculture and Consumer Services “Farm Bill,” homestead exemption clarification for long-term leaseholders, disability-presumption clarifications for first responders, reinsurance intermediary manager changes, patriotic displays in public schools, ADS-B fee restrictions, autism-related law enforcement training and a Blue Envelope program, campus safety policy transparency at public colleges and universities, and veterinary prescription disclosure. Several bills were temporarily postponed, including local vessel restrictions, temporary certificates for practice, and domestic animals. The Senate also debated and passed a bill allowing licensed insurance agents to market health care sharing ministries, despite concerns raised by Senator Polsky about consumer confusion, commissions, and the sale of non-insurance products; supporters argued it restored free speech, religious liberty, and consumer choice. The chamber approved the bill 32-5 after debate. Most other measures passed with strong bipartisan support, often by unanimous or near-unanimous votes, and several companion House bills were substituted in place of Senate bills before final passage.
TX

Texas 89th 2nd C.S.

State Affairs May 6th, 2026

State Affairs

Transcript Highlights:
  • I'm the Director of Real Estate Acquisition and Development, Public-Private Partnerships, or P3, with
  • I've had a 35-year career before my state experience in technology and commercial real estate.
  • In 2011, the legislature adopted Chapter 2267 of the Government Code, which is widely referred to as
  • We're figuring out through other already authorized means under local government code.
  • The same air, water, worker safety, building codes—all that stuff; none of that changes.
Keywords: 1184, house, all
FL

Florida 2025 Regular Session

Judiciary Mar 25th, 2025

Transcript Highlights:
  • We will take up late filed Amendment bar code 3, 4, 3, 7, 0, 0, and you are recognized to explain the
  • This is a claim brought on behalf of the estate of McKenzie, never as a deceased miner against Gregory
  • I love local real estate agent and I saw a lot of 38 property.
  • This is not only affected my business, but the Walton County, real estate industry as a whole.
  • Total residential real estate sales volume is down. 36 1% to 3.9 billion through the end of last year
Keywords: 999, senate, all
AL

Alabama 2025 Regular Session

Alabama Senate Banking and Insurance Committee Mar 5th, 2025

Banking and Insurance

Transcript Highlights:
  • All it does is correct those internal citations that refer to correct sections in the Code of Alabama
  • Chairman, this is a bill that makes changes to current law for real estate.
  • You would know this better than I, but in real estate, there are more and more teams that are...
  • Defining that also allows a real estate agent who operates under a broker at one branch, because each
  • He's a real estate man, too, so let's bring him in on this. Okay, thank you very much.
Keywords: 923, senate, all
NH

New Hampshire 2025 Regular Session

House Ways and Means (02/11/2025)

Transcript Highlights:
  • And then the last uh note was just with the real estate transfer.
  • Let's go to real estate transfer tax column H. Representative Southworth said, "Thank you.
  • The only requirements we have are the State Building Code, which is essentially a fire and safety code
  • <04:28:04.080> transfer estate trans uh the real estate transfer estate trans uh the real
  • > at essentially uh a fire and safety code at essentially uh a fire and safety code at its<04:
Keywords: 928, house, all
Summary: The committee met in a work session on revenue estimates and reviewed updated spreadsheet pages for several tax categories, using prior agreements and new testimony to refine FY 2025-2027 estimates. Early discussion covered insurance tax estimates, where members reviewed a letter from the insurance commissioner saying he was comfortable with the numbers provided; the committee accepted those estimates without opposition. Members also discussed utility property tax, with testimony about recent infrastructure buildout, tariffs, depreciation, and the difficulty of forecasting future growth. After debate over whether to use the average of high and low estimates or lean lower, the committee unanimously adopted the utility property tax numbers. The committee then turned to real estate transfer tax and communications tax. For real estate transfer tax, members cited county input, housing market conditions, interest rates, lumber costs, and uncertainty about future policy; they agreed to use the averages and adopted those estimates unanimously. For communications tax, members noted the decline in landline-based revenue and the shift to data services. After discussion of whether to use the low estimate or the average, the committee settled on the average with a small rounding-down adjustment when the figure ended in .5, and adopted the numbers unanimously. The chair also clarified that these estimates remain subject to change until the final resolution is adopted. The committee next accepted interest and dividends estimates as presented, with members noting the decline in that revenue source and the lack of additional information beyond the department’s analysis. Finally, the committee began discussing tobacco tax revenue, with members noting long-term declines in smoking, offsetting effects from out-of-state sales, and a suggestion to take a slightly conservative approach by reducing the average by 0.5. The transcript cuts off during that discussion, so no final vote on tobacco is shown in the excerpt.