Video & Transcript Research : 'Internal Revenue Code'

Page 87 of 500
US
Transcript Highlights:
  • His experience covers every aspect of the Internal Revenue Code, and since 1981, he's been involved in
  • No taxes at all when they were making billions of dollars in revenue.
  • International Trade Administration.
  • Individual taxpayers are the backbone of our federal revenue base.
  • As I pointed out earlier, total revenues in 2024 were $4.9 trillion.
Summary: The committee convened to discuss various bills and nominees, including the critical nominations of William Kimmett for Undersecretary of Commerce for International Trade and Ken Keyes for Assistant Secretary for Tax Policy at the Treasury Department. Discussions highlighted the nominees' roles in managing critical trade and tax policies amidst rising economic concerns, particularly focusing on inflation and its impact on American families. Members expressed both support and skepticism, emphasizing the significance of fostering fair trade practices and ensuring tax policies that benefit the middle-class amidst claims of an agenda favoring affluent individuals and corporations.
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 01/15/25

Taxes

Transcript Highlights:
  • Those changes, if we are conforming to that particular provision in the Internal Revenue Code, can have
  • Minnesota's tax code relies heavily on the Internal Revenue Code or... gentlemen if you would identify
  • Minnesota's tax code relies heavily on the Internal Revenue Code or...
  • Minnesota's tax laws rely heavily on the Internal Revenue Code, or IRC.
  • This means that our tax code is tied to the version of the Internal Revenue Code as amended through a
Keywords: 1187, senate, all
AR

Arkansas 2026 1st Special Session

LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES Jun 4th, 2026

LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES

Transcript Highlights:
  • Like I said, we lost revenue.
  • in noncompliance with Arkansas Code.
  • in noncompliance with Arkansas Code.
  • So a lot of it is just the coding.
  • Let me ask you this, ladies: that money that is owed to the Internal Revenue Service, how do you all
Keywords: 1204, all
Summary: The committee heard multiple audit and compliance reports involving Arkansas municipalities and a regional solid waste district. Several small towns were discussed for repeat findings involving delinquent water and sewer audits, municipal accounting noncompliance, and misuse of street funds, including Fargo, Lead Hill, Alma, Jericho, Haynes, Biggers, Gilmore, and Holly Grove. In several cases, staff noted that turnback escrow was already being withheld because required water audits had not been filed, and some entities were reported to be current on payment plans only after staff updated the records through May 2026. The committee also reviewed a special report on the Pulaski County Regional Solid Waste Management District, which included findings on payroll approvals, contracts, credit card documentation, vehicle and cell phone use, bidding, advertising costs, and the sale of trailers and other equipment. A separate report on municipal accounting noncompliance was presented for towns including Denning, Gum Springs, Fargo, Lead Hill, and Alma, with staff recommending some be removed from the 60-day list while others remained under review. Several local officials appeared and explained the findings. Fargo’s mayor said the town was understaffed and had begun improving records, while Lead Hill’s mayor said the town had hired more office help and was working to complete overdue water audits. Alma’s officials said they were trying to catch up on audits and accounting issues. Jericho’s police chief defended the town’s traffic enforcement and said the town had adjusted speed limits and enforcement practices to avoid the speed-trap threshold, while staff clarified that the prosecutor decides whether to pursue penalties. Haynes officials said revenue losses and the loss of their police department had made it difficult to keep up with required street-fund payments, and Gilmore officials said they were working on IRS and other debts. The Pulaski County district director said the board had authorized many of the questioned practices and that some issues, such as advertising and vehicle use, were tied to public education and operational needs. The committee took several actions. It approved minutes, accepted or filed some reports without objection, removed Denning and Gum Springs from the 60-day list, and deferred action on several matters, including Fargo, Lead Hill, Alma, Haynes, and the Pulaski County solid waste district, generally until the September or August meeting. Motions to defer or file reports were adopted in multiple cases, and the committee also noted that some matters had been referred to the appropriate prosecuting attorney for further review. The meeting ended with recognition of visiting accounting students who were attending as part of summer internships.
AR

Arkansas 2026 Regular Session

LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES Feb 12th, 2026

LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES

Transcript Highlights:
  • Arkansas Codes 14-59-101 through 119.
  • The town was in noncompliance with these codes as noted below.
  • Yes, sir, on page seven, internal revenue looks like you got behind...
  • Page seven, internal revenue looks like you got behind in paying them what was actually being pulled
  • It's a few code sections later.
Summary: The committee began with approval of the prior meeting minutes and then received updates on delinquent private water and sewer reports. Staff reported that 19 of 43 original entities for the 2022 reporting year had had turnback reinstated, while 24 remained in escrow; for the 2023 reporting year, 59 of 64 entities had filed, leaving five still outstanding. The committee also heard that Adona had come into substantial compliance with municipal accounting law, and it voted to file that report and discontinue withholding turnback. It then voted to start the 60-day clock and file the report for Gum Springs after hearing repeated findings involving budgeting, disbursements, payroll, and Act 833 funds, with city officials saying they had begun correcting records and were seeking help from the Municipal League and a city attorney. Fargo was deferred because the mayor was absent due to illness. The committee next considered Denning, where staff described repeated and serious accounting problems over 2022-2024, including unauthorized payments, missing documentation, weak payroll controls, and improper handling of funds. The mayor and recorder-treasurer said prior records were disorganized and that they were now working with an attorney, CPA help, and new software; the committee voted to start the 60-day clock and file the report. Green Forest’s report, involving a fixed-asset listing issue after the mayor’s death, was filed. Several private water and sewer reports were either filed or deferred depending on whether responses had been received, and the committee announced its March meeting would be held in Room 149 because of renovations. The committee then reviewed a series of referred reports involving alleged financial irregularities. In Elaine, the fire chief’s questionable purchases were referred and filed. In Strong, staff described undeposited garbage-bag receipts, improper payments for private dumpster service and other expenditures, payroll tax penalties, and deficit fund balances; the mayor said controls had been improved, but the committee deferred the report to March. The Faulkner County Fair Association report found undocumented cash withdrawals, questionable disbursements, and inadequately documented cash payments to a carnival vendor; the committee filed it. Brooklyn’s report involved a fraudulent direct-deposit change, and Mineral Springs’ report involved transfers from the cemetery fund, employee loans, overpayments, and travel reimbursement issues; both were filed. Additional reports included Rondo, where the recorder-treasurer explained missing computers and fuel purchases tied to personal vehicles, and the committee filed the report; Waldo, where the mayor had been overpaid due to extra biweekly payments, which was filed; Columbia County, where a floodplain management contract lacked an authorizing ordinance, which was filed; and several private water-system reports, some filed and others deferred for lack of responses. Carlisle’s report showed large but improving misstatements in financial records, and the committee filed it after hearing that new software and training had reduced prior problems. Caddo Valley’s report prompted a lengthy discussion about CDs and interest recognition; staff explained that principal balances should be reflected as city assets and interest should be recorded when earned or reported by the bank, and the report was filed. Prairie County’s budget overrun and road-fund issues were discussed at length, with the judge explaining equipment and weather-related costs and staff clarifying the distinction between road funds and locally approved sales-tax uses; the report was filed. Finally, the committee deferred a Cross County Rural Water Association matter after learning it had not filed with Legislative Audit since 2002-2003 despite receiving significant state funding, and members expressed concern about the long gap in filings.
ND

North Dakota 2026 1st Special Session

Government Finance Committee Jun 25th, 2026 at 10:00 am

Government Finance Committee

Transcript Highlights:
  • Under the Century Code for us, we have adopted the International Fire Code 2021 version.
  • Under the Century Code for us, we have adopted the International Fire Code 2021 version.
  • The ultimate goal is to make sure that the International Fire Code is applied evenly across the board
  • International Fire Code is actually adopted in that aspect.
  • So, The International Fire Code is actually adopted in that aspect.
Keywords: 908, all
FL

Florida 2026 Regular Session

Finance and Tax Feb 25th, 2026

Finance and Tax

Transcript Highlights:
  • Take up tab number two, SPB 7048 by Finance and Tax relating to the Internal Revenue Code.
  • Senators, this bill adopts the Internal Revenue Code as of January 1st, 2026, which ensures that Florida's
  • code reflects changes made to the Internal Revenue Code during 2025.
  • It made significant changes that would affect Florida's income tax code.
  • The proposed bill modifies or decouples from the Internal Revenue Code in the following ways: it limits
Keywords: 999, senate, all
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 04/14/26

Taxes

Transcript Highlights:
  • the bill that you see the revenue the bill that you see the revenue estimate<00:13:57.640> in
  • international markets. international markets.
  • <00:32:49.240> and will need and international and will need and international and international
  • International. International.
  • Deb Peters. some revenues in in that regard. So Mr. some revenues in in that regard. So Mr.
Keywords: 1187, senate, all
ND

North Dakota 2025-2026 Regular Session

Government Finance Committee Jun 25th, 2026

Transcript Highlights:
  • Under the Century Code, for us, we have adopted the International Fire Code 2021 version.
  • Under the Century Code for us, we have adopted the International Fire Code 2021 version.
  • The ultimate goal is to make sure that the International Fire Code is applied evenly across the board
  • The State of North Dakota and the City of Fargo both utilize the International Building and Fire Codes
  • International Fire Code is actually adopted in that aspect.
Summary: The committee began with roll call, introductions of a new fiscal analyst and a new member, and approval of the March 19 minutes. The first major presentation was from the Office of Management and Budget on the state’s general fund and special fund status through May. OMB reported general fund revenues were running below the legislative forecast by about $76 million, driven largely by weaker individual income tax and sales tax collections, though the projected ending balance remained positive and above the budgeted level. The budget stabilization fund was above its cap and would transfer excess earnings to the general fund, and the legacy fund balance continued to grow. Members also asked about federal funding uncertainty and mineral leasing revenue variability. The committee then reviewed compliance reports and trust fund analyses, followed by discussion of a bill draft for the fixed-route city transportation network study. The draft would create a $15 million general fund grant program with a formula-based distribution to eligible fixed-route transit cities, intended to support operating and capital needs and help match federal transit funds. Transit officials from Minot and Fargo testified in support, explaining local fare and match structures and the difficulty of replacing aging buses and securing federal matching dollars. Several members questioned whether the program should be limited to the current four cities or broadened to future eligible urban areas, and whether local funding sources should be explored further. The committee did not finalize the bill draft at that point and planned to continue discussion at a later meeting. The committee also approved a bill draft repealing obsolete language related to approval of a bi-state authority with South Dakota, after staff explained that no agreements had ever been implemented and the provision appeared outdated. A roll call vote was taken and the motion carried. Later, the Department of Commerce and the Northern Plains UAS Test Site presented updates on uncrewed aircraft systems initiatives, including the Vantis radar data enclave, the drone replacement program, and efforts to build a revenue model for Vantis. Test site officials said FAA approval had been secured for the radar data program, replacement of noncompliant drones was underway, and future revenue could come from state and external users once pricing and intellectual property arrangements are finalized. Members asked about Chinese-made drones, supply chain issues, automation, and how the system would manage beyond-visual-line-of-sight operations. The Department of Corrections and Rehabilitation then presented on the design of a new minimum-security prison and a reentry housing study. Officials said the proposed facility would relocate the minimum-security prison to the penitentiary campus, reduce costs from an earlier estimate, and provide more beds and programming space, with construction potentially beginning in 2027 and opening around 2031. They also described staffing needs, the planned move of women to the New England facility, and possible expansion of men’s housing there. The parole and probation chief described a reentry housing task force studying housing needs for people leaving incarceration, with a goal of developing data-driven recommendations for subsidies and support services; a representative from Protection and Advocacy closed by expressing general support for fixed-route and paratransit funding.
ND
Transcript Highlights:
  • On these pages, we provide more details on the internal controls.
  • If revenues were used as opposed to the balance where the account sits at June 30, If revenues were used
  • The key there is the tax revenue.
  • With the current code that we have now?
  • We're always evaluating our Century Code, our Chapter 54-10.
Summary: The committee was called to order, the Pledge of Allegiance and prayer were offered, and the minutes from the previous meeting were approved. Members then received a memo summarizing major audit items and began hearing audit presentations from the State Auditor’s Office and private auditors on a range of state agencies and organizations. Several audits were reported as clean, including the Bank of North Dakota, the North Dakota Guaranteed Student Loan Program, the Office of the Governor, the Office of the State Treasurer, the Office of Management and Budget, the Department of Transportation’s flexible transportation fund, Lake Region State College, and the Department of Environmental Quality. The North Dakota Stockmen’s Association also received an unmodified opinion, though repeat findings were noted for limited segregation of duties and financial statement preparation due to its small staff. The Council on the Arts audit found two findings: payroll charged to federal awards without adequate timekeeping records, and unallowable expenditures from a restricted cultural endowment fund. The Department of Public Instruction audit identified unsupported scholarship applications in the paraprofessional-to-teacher program, though additional testing showed the funds were used for their intended purpose. The most extensive discussion centered on the North Dakota Racing Commission audit, which identified four findings: overspending the promotion fund’s 25% operating limit, grant conditions not being met, improper Breeders Fund awards, and improper procurement for advertising services. Racing Commission director Bruce Johnson acknowledged complacency and weak controls, said the agency would tighten procedures, and explained that the commission had since worked with procurement and would follow the rules more closely. Auditors also explained that the commission would now be audited every two years because of the findings. Another major discussion involved the University of North Dakota School of Law, where auditors found a lack of documentation supporting admissions decisions for post-baccalaureate programs. UND officials said they remain in good standing with the American Bar Association but agreed better documentation and tools are needed; the committee pressed for more transparency and follow-up on admissions criteria. The committee also received an update on Dakota College at Bottineau, where Minot State University reported that bank reconciliations had been brought current after a significant backlog and would now be maintained through shared services. Members requested a written follow-up report on the issues and corrective actions. Finally, the North Dakota Fair Association explained that its foundation has been dissolved and remaining funds were transferred to another nonprofit for continued support of the state fair, and the Department of Public Instruction provided an update on school meal debt, saying the reported amount was about $1.1 million from a partial district survey and that debt remains a local issue, though it could be revisited if school meal funding changes.
MN

Minnesota 2025-2026 Regular Session

House Public Safety Finance and Policy Committee 4/9/25

Public Safety Finance and Policy

Transcript Highlights:
  • The first amendment is coded A1.
  • <00:01:58.960> It<00:01:59.320> adds is coded A1. It adds is coded A1.
  • The next amendment is coded A2.
  • The next amendment is coded A3.
  • The next amendment is coded A3. The next amendment is coded A3.
Keywords: 1183, house
MA
Transcript Highlights:
  • That was charged on money that was never restaurant revenue.
  • Tips are not business revenue either.
  • Interchange revenue... ...disputes, or enforcement questions.
  • I'm representing the International Center for Law and Economics.
  • And there's a new standard of pay codes, QR pay codes, that was introduced very late last year that would
Keywords: 995, all
Summary: The Special Legislative Commission on the Future of Payments and Sales Transactions by Credit Card and the Impacts for Small Businesses held a public hearing focused on interchange fees, sales tax and tip processing, chargebacks, fraud, surcharging, and the broader future of payment systems. Chair Paul Feeney and co-chair Rep. Jamie Murphy opened by explaining the commission’s charge and inviting testimony from small businesses, industry groups, banks, and policy experts. Representative Sean Garballey testified first, arguing that Massachusetts tourism depends on universal card acceptance and stable interchange, and urging the commission not to disrupt the current system ahead of major events expected to bring millions of visitors to the Commonwealth. A large portion of the hearing featured independent restaurant owners and advocates describing thin margins and the burden of paying percentage-based processing fees on sales tax and tips that are not business revenue. Jen Ziskin, Kristen Canty, Nancy Cushman, Kerry Colzer, and others said restaurants often operate on very small profits and that processing fees on taxes and gratuities can amount to tens or hundreds of thousands of dollars annually. Ryan Lotz also urged reforms to chargebacks, including refunding chargeback fees when merchants prevail, requiring consumers to contact businesses before disputing charges, and limiting repeat abuse. Commission members pressed witnesses on whether tax and tip amounts could be separated at the point of sale, and several witnesses said current consumer card systems do not transmit that level of detail. Testimony from credit union, banking, and payments representatives largely opposed state-level changes that would carve out taxes or tips from interchange, warning of compliance burdens, higher costs, reduced rewards, and possible effects on fraud protection and access to credit. Alex Verine of America’s Credit Unions and Deb Peters and Keely McEwen of the Electronic Payments Coalition said the payment system is complex, that interchange funds fraud prevention and network infrastructure, and that new state mandates could create operational and legal uncertainty. Dan Swanson argued states have authority to act and pointed to Illinois litigation and federal court rulings, while Julian Morris and Brad Popolado emphasized the benefits of card acceptance, the decline of cash, and the need to consider other payment methods and check fraud as well. Several witnesses discussed international payment systems, instant payments, and QR standards as possible future directions. The chairs and members engaged in extended back-and-forth with witnesses about whether Massachusetts could exempt sales tax from swipe fees, whether surcharging should be revisited, and whether vendor compensation or other targeted relief might be more workable than broad changes to interchange. No votes were taken. At the close of the hearing, the chairs said the commission would hold one additional public hearing date to be determined, after which members would begin developing next steps and a report.
ND
Transcript Highlights:
  • International students, of course, that's global engagement, which not only for those international students
  • Do they use the ZIP codes to do it?
  • Then the next two slides are the general fund revenues and the tuition, the net tuition revenues that
  • and extraction tax revenues.
  • BARE, and this is in Century Code.
Keywords: 908, all
Summary: The committee first reviewed the 2024-25 tuition waiver report for the North Dakota University System. Staff explained that waivers were reported for degree-seeking students and broken out by residency, institution, and waiver type. Members asked about partial versus full waivers, institutional discretion, athletic waivers, and whether campuses have published guardrails or transparency requirements. Staff said most waivers are set by institutions, with some statutory and board-required categories, and that athletic waivers are a small share of total waiver dollars. The report showed total gross tuition of $354.5 million, tuition waived of $38.9 million, and 11,193 of 42,040 students receiving some waiver. Members also discussed how waivers affect net tuition revenue, housing and food collections, and whether campuses are using waivers strategically compared with scholarships and other funding sources. The committee then heard a presentation on tuition rates by campus and State Board policy. Staff explained the board’s tuition factors for resident, Minnesota reciprocity, contiguous-state/U.S. nonresident, and international students, and noted that campuses often seek exceptions based on program-specific competition and enrollment goals. Members asked whether rates are based on cost or competition, and staff said campuses typically bring forward estimates and market comparisons when requesting special rates. The presentation also reviewed general fund appropriations versus net tuition revenue by campus, and members discussed how local tuition decisions and waivers do not directly affect the state funding formula, though they do affect institutional revenue and reserves. Questions were also raised about the Higher Learning Commission’s financial composite indicator and how it differs from the more intuitive reserve and revenue figures. The committee next received a broad overview of non-higher-education entities affiliated with the State Board of Higher Education, beginning with NDSU agriculture-related units. Dr. Greg Lardy described the State Board of Agricultural Research and Education, the NDSU Extension Service, the Agricultural Experiment Station, and the branch research centers, emphasizing their statewide role in crop and livestock research, extension education, and county-based outreach. He outlined funding mixes for extension, the experiment station, and branch stations, noting that grants and contracts support both research and education, while the agronomy seed farm is self-funded through seed sales. Members asked about the new and vacant FTE pool, R1 research status, matching requirements for grants, and whether state appropriations count toward research expenditures. Dr. Lardy also highlighted major research impacts, including crop varieties, virtual fencing, AI-assisted weed control, and NDAWN weather data. The Northern Crops Institute and the Upper Great Plains Transportation Institute also presented. NCI described its role in market development, technical services, and education for regional agriculture, its governance through the Northern Crops Council, and its funding from state appropriations, other states, and earned revenue. Members asked about the source of out-of-state funding, intellectual property, and the institute’s international reach. UGPTI then outlined its transportation research, federal and state funding structure, and work on road and bridge condition assessments, travel demand modeling, and workforce training. No votes were taken during the portion of the meeting reflected in the transcript.
FL

Florida 2026 Regular Session

Finance and Tax Apr 15th, 2025

Finance and Tax

Transcript Highlights:
  • It updates Florida's corporate income tax by adopting the federal Internal Revenue Code, effective January
  • It updates Florida's corporate income tax by adopting the federal Internal Revenue Code, effective January
  • It updates Florida's corporate income tax by adopting the federal Internal Revenue Code, effective January
  • It updates Florida's corporate income tax by adopting the federal Internal Revenue Code, effective January
  • It updates Florida's corporate income tax by adopting the federal Internal Revenue Code, effective January
Summary: The Finance and Tax Committee met and first heard SB 674, which would allow county property appraisers, like tax collectors already can, to budget for and pay hiring or retention bonuses if approved in their Department of Revenue budget. Support came from property appraiser representatives, who said the bill would help them compete for specialized staff without requiring new funding. The bill was reported favorably. The committee then considered SJR 318, a proposed constitutional amendment on tangible personal property used on agricultural land, along with an amendment clarifying the exemption’s scope and allowing the Legislature to set conditions by general law. Farm Bureau and the Florida Chamber supported the measure, and the committee adopted the amendment and reported the joint resolution favorably. Members also took up CS for SB 1664, which would require voter reapproval of local discretionary taxes when they expire; an amendment changed the bill to require expiration dates and tied reapproval to tax expiration rather than a fixed eight-year cycle. Local government and tourism groups raised concerns about impacts on tourist development taxes, transportation surtaxes, beaches funding, and long-term financing, while supporters argued voters should periodically affirm local taxes. The committee adopted the amendment and reported the bill favorably. Next, the committee considered SJR 1510 and its implementing bill SB 1512, both dealing with a homestead-style property tax benefit for certain long-term leased residential properties. After multiple amendments narrowed the proposal substantially, limiting it to one qualifying property and then to single-family homes, mobile homes, and condominium units, counties and cities still opposed the measures as a tax shift to other taxpayers. The sponsor said the changes reduced the scope and fiscal impact, and both measures were reported favorably. Finally, the committee heard SPB 7034, the Senate tax package, which includes permanent sales tax exemptions, multiple tax holidays, motor vehicle fee reductions, a property tax study, rural investment tax credits, a freeze on local communications services tax rates, and other tax changes, with an estimated $2.1 billion revenue reduction. Testimony was mixed: property appraisers supported the property tax study, while many public commenters opposed the firearm and ammunition tax holiday and urged inclusion of gun safes and locks instead. County, city, tourism, and lodging representatives raised concerns about tourist development tax limits and other local revenue impacts, while supporters emphasized tax relief and the study’s value. After debate, the committee adopted a motion to submit SPB 7034 as a committee bill and reported it favorably.
NM

New Mexico 2025 Regular Session

IC - Legislative Finance Oct 14th, 2025

Transcript Highlights:
  • Again, these are internal documents as the executive has their internal documents for each agency.
  • You know, there are a wide variety of issues from sort of the revenue that are core to revenue generation
  • In the PED background check process, do—at one point, CYFD does an internal and ECECD does an internal
  • Commission, and that's going to be Agency Code 410.
  • Code 680, please come forward.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Revenue Jun 21st, 2026 at 10:00 am

Joint Committee on Revenue

Transcript Highlights:
  • I am James Eldridge, Senate Chair of the Joint Committee on Revenue.
  • By restoring our tax code to the federal approach, we could reclaim these lost revenues and reinvest
  • tax codes work in fundamentally different ways.
  • Without this revenue, patients will suffer.
  • Without this revenue, patients will suffer.
Keywords: 995, all
Summary: The Joint Committee on Revenue, chaired by Senator James Eldridge and Representative Adrian Madaro, opened its hearing with a moment of silence for the late Lowell State Senator Ed Kennedy and reviewed hearing procedures and deadlines. The committee then took testimony on several corporate tax bills, including S. 2033/H. 3110 on offshore tax avoidance, H. 3248 on a manufacturing tax exemption, H. 3057 on a tiered corporate minimum tax, and S. 2041 on a corporate tax haven blacklist, along with a separate business interest deduction bill. No votes were taken during the hearing. Supporters of S. 2033/H. 3110, including labor unions, health care workers, educators, public health advocates, seniors, and several legislators, argued that Massachusetts needs new revenue to offset federal cuts to Medicaid, SNAP, health care, education, and other services. They said the bill would raise roughly $400 million annually by increasing the share of offshore profits included in the state tax base from 5% to 50%, and they framed it as a fairness measure that would require large multinational corporations to pay more while leaving most local businesses and workers unaffected. Testimony emphasized risks to MassHealth, PCA services, adult dental care, hospitals, schools, and public health programs if new revenue is not raised. Opponents, including the Mass Taxpayers Foundation and the Council on State Taxation, argued the proposal is poor tax policy and likely unconstitutional because it would tax foreign-source income without allowing foreign tax credits or a comparable apportionment method. They said Massachusetts should take a broader, coordinated approach to federal tax changes rather than a standalone bill, and warned of litigation risk and possible double taxation. Supporters such as MassBudget and former tax counsel Don Griswold countered that the bill is a reasonable rough-justice approach, consistent with federal and neighboring-state treatment, and that it would primarily affect a small number of very large multinationals. On S. 2041, the Global Business Alliance opposed the proposed tax haven blacklist, while supporting a separate bill allowing business interest deductibility.
TX

Texas 89th Regular

Delivery of Government Efficiency Mar 5th, 2025

Delivery of Government Efficiency

Transcript Highlights:
  • DIR agency revenue.
  • I'll verify the codes.
  • And general revenue and general revenue dedicated.
  • And it's all I see in the codes, so is there a code for this for the merit?
  • Revenue and expenditures.
Keywords: 1184, house, all
LA

Louisiana 2026 Regular Session

Education May 12th, 2026

Education

Transcript Highlights:
  • is Senate Bill 504, and I love that it's 504, because if anyone's from New Orleans, that's my zip code
  • And, of course, I have a lot of charter schools in the 504 area code.
Summary: The House Education Committee met on May 12, 2026, and first approved SB 518, which gives LSU a two-year pilot authority to buy and sell certain real estate within one mile of campus to support redevelopment and student needs. Senator Foyle and LSU representatives said the bill is intended to help the university act more quickly on deteriorating nearby properties and some Greek housing transactions, with safeguards such as appraisal and fair-market-value requirements. Members asked about whether the authority would affect mostly commercial property and whether the pilot could later be expanded to other universities; the bill was reported favorably without objection. The committee then reported SCR 33, creating a one-year Work-Based Learning Coordination Task Force to study and better coordinate internships, apprenticeships, job shadowing, and related programs across state agencies and employers. Support testimony emphasized that Louisiana’s education and workforce systems are too siloed and that the task force would map existing efforts, identify gaps, and recommend a statewide structure. HR 168 also passed, directing the Board of Regents to study collegiate athletic program funding after concerns raised by athletic directors about deficits and accounting practices. Members next approved SB 488, a school safety drone response pilot program, after testimony described drones as a supplemental security tool that could respond faster than police and work with law enforcement; an amendment required coordination with the Department of Education, State Police, and the Sheriffs’ Association. HCR 97 was reported favorably to ask BESE and Wildlife and Fisheries to study age- and grade-appropriate hunting, conservation, and shooting sports education for grades 5-12. The committee also approved SB 112, allowing local school boards to adopt parental-consent release-time policies for religious instruction, with amendments on instructor qualifications, grade reporting, and constitutional safeguards; SB 504, expanding individual graduation plans to include vocational options and charter schools; SB 346 and SB 347, addressing harmful deepfakes involving K-12 and college students; and SB 353, authorizing postsecondary systems to digitize student IDs for LA Wallet, though members raised concerns about naming a specific vendor. The meeting adjourned after SB 353 was reported favorably.
HI

Hawaii 2026 Regular Session

Room 224 Conference PM - 04-29-2026

Hawaii Senate Floor Meeting

Transcript Highlights:
  • And we're adding the definition 'serious bodily injury' from the state criminal code so that there's
  • serious bodily injury from the<00:20:13.160> state<00:20:13.480> criminal<00:20:13.840> code
  • <00:20:14.160> so<00:20:14.280> that<00:20:14.440> there's the state criminal code
  • so that there's the state criminal code so that there's clarity<00:20:15.080> about<00:20:15.360
Summary: The committee first took up SB 148 on combat sports, but members said they had agreement only in principle and were waiting on a conference draft and money committee release, so the bill was rolled to the next day. HB 1810 on charitable solicitation was then described as regulating professional solicitors who sell donated non-perishable tangible property, including prompt payment, financial reporting, disclosure, and contract requirements; the committee adopted the conference draft and passed it unanimously. SB 2607 on landscape architects was also passed with a conference draft after members agreed to align licensure qualifications with the uniform standard used by the Council of Landscape Architectural Registration Boards. Later, HB 1642 on consumer protection and crypto kiosks was passed with amendments to ban the purchase of cryptocurrency through crypto kiosks, and SB 2396 on property was deferred because members said they were aligned on the policy but still needed to sort out enforcement, with the issue to be left to a task force. SB 2961 on insurance was deferred to the next day pending release, and SB 2471 on the powers of artificial persons was rolled to the next day while the House and Senate sought legal clarification to make the bill more defensible; members said they agreed on the goal of addressing dark money but wanted to avoid harming Hawaii or local companies. The committee then passed SB 3001 on artificial intelligence with amendments. The conference draft renamed the regulated systems as “AI companions,” narrowed and clarified the definition, required reasonable measures to prevent outputs encouraging serious bodily injury, increased disclosure frequency for minors, added a feature restriction to discourage disengagement, removed provisions the Senate viewed as too broad or insufficiently articulated, shifted annual reporting to the Department of Health’s Behavioral Health Administration, and removed civil penalties. Members also said the romantic-relationship language had been removed for now but could be revisited later. SB 2433 on condominiums was discussed but rolled to the next day because the House and Senate were still considering changes related to DCCA authority and condo-owner disputes, and HB 1897 on condominium alternative dispute resolution was deferred for the session because the Senate was not ready and time was running out. In the final portion, HB 1753 on social media data retention was passed with amendments setting limits on how long companies may retain user data, with exceptions such as domestic violence evidence. SB 1166 on insurance was rolled to the next day after discussion of historic weather damage and the need to avoid affecting ongoing litigation against oil companies; members noted they had received an AG opinion that the bill would not jeopardize that litigation. SB 2964 on property insurance was passed with a conference draft requiring insurers to periodically ask homeowners about significant improvements so coverage can be reassessed, and SB 3255 on currency was passed with a conference draft authorizing penny rounding to the nearest five cents, though one senator voted no because he preferred the Senate version that had included a separate cash-acceptance issue. The committee also discussed SB 2852 on website accessibility for people with disabilities as the next item, but the transcript cuts off before any action on that measure.