Transcript Highlights:

• We will be providing you an update on our revenue forecast, as well as hearing from George Hammond.
• And the dark blue bars are revenue, the white bars are spending.
• So that's the revenue picture under the updated forecast.
• And the dark blue bars are revenue, the white bars are spending.
• changed expenditure estimates, but the revenue bars are smaller. and the result is that But the revenue

Keywords: 1182, all

Summary: At the April meeting of the Finance Advisory Committee, staff presented an updated state revenue forecast that was more cautious than January’s because of heightened economic uncertainty tied to the Iran conflict and broader national risks. The general fund’s available resources were revised down from $577 million in January to $378 million in the April forecast, with the lower estimate driven by reduced revenue projections while spending assumptions were unchanged. Staff said the outlook depends heavily on how long the Middle East conflict lasts and noted that a prolonged disruption could weaken the forecast further, while a quick resolution could improve conditions. George Hammond of the University of Arizona gave a broad economic overview, highlighting geopolitical risk, elevated oil and gasoline prices, sticky inflation, weak Arizona job growth, and uncertainty around federal policy, tariffs, immigration, and AI-related investment. He said Arizona’s recent job growth has been very weak and concentrated mainly in health services, while most other sectors lost jobs, and he attributed much of the slowdown to low hiring rather than layoffs. He also discussed population growth, noting that Arizona remains above the national average but is increasingly dependent on net migration as natural increase slows, and he warned that housing affordability remains strained even as Phoenix inflation has moderated. Panelists generally echoed the cautious outlook but pointed to some offsets. Liz St. Clair said Arizona’s near-term revenues could benefit from tourism tied to spring training and the Final Four, though higher fuel costs could dampen discretionary spending. Other panelists noted that the federal policy environment, tariffs, and immigration changes are likely to restrain growth, while productivity gains, especially from technology and AI, may help businesses maintain output. Several members also discussed housing, saying single-family permits have fallen while rental supply has improved affordability, and they raised concerns about labor-force growth, wage disparities, and the reliability of recent employment data revisions. No formal votes or actions were taken.

Transcript Highlights:

• The green line represents our revenues. The red line is our expenditures.
• So, as a county, our revenues, we can't increase our revenues. It's set. Revenues are there.
• We then have to put all our services into that revenue and make sure it's balanced.
• It shows decreased revenues. It shows year one, year two, year three, the cost of this.
• At that point, the revenues that the county will bring in is $6 million a year.

Keywords: 996, all

Transcript Highlights:

• that will come in to the municipalities as it loses this tax revenue?
• These property tax revenues for counties are increasing by almost 10% each year on average.
• I mean, why not pocket that extra revenue?
• tax revenue has increased by 48%.
• of $1.6 million statewide on general revenue beginning in fiscal year 2025-26.

Summary: The Ways and Means Committee met on March 27, 2025 and first considered HJR 1257 and its implementing bill, HB 1259, which would create two $25,000 property tax exemptions and an assessment cap for long-term rental properties owned by Floridians who also have a homestead in the state. Supporters argued the measure would increase long-term rental supply and help Florida residents, while opponents from counties and cities warned of a large revenue loss, potential tax shifts to businesses, and weak guardrails against abuse. Members raised concerns about wealthy owners holding many condos, possible family-member workarounds, and whether savings would actually reach tenants. The committee adopted an amendment to the implementing bill, then reported both measures favorably after party-line-leaning debate and recorded votes. The committee then unanimously reported HB 761, which limits deferred ad valorem and non-ad valorem tax relief to properties with a just value of $1 million or less and raises the minimum tax certificate sale amount from $250 to $500. Members also unanimously approved CS/HB 733 on brownfields, which expands and clarifies the state brownfields program, and two Osceola/Sunbridge local bills, CS/HB 4043 and HB 4059, dealing with special district infrastructure and district boundary expansion subject to voter approval. HB 995 on Areas of Critical State Concern, focused largely on the Florida Keys, was amended to remove the ad valorem tax exemption portion and to adjust the growth cap from 500 to 825 units, then was reported favorably. Later, the committee approved HB 6021, which repeals sales tax on all bullion purchases of gold, silver, and platinum, with supporters calling it a sound-money measure and critics asking about future revenue effects if related legal-tender legislation passes. Finally, the committee passed HB 1339, which excludes wind-damage mitigation improvements from assessed value for property tax purposes, after adopting a clarifying amendment about secondary water barriers. Throughout the meeting, most bills were reported favorably, often after brief debate and with little or no public testimony beyond support or opposition from affected local-government and industry groups.

Transcript Highlights:

• expenditure growth exceeding revenue expenditure growth exceeding revenue growth.<00:40:53.359><
• growth<00:44:15.839> you gross premium tax the revenue growth you gross premium tax the revenue
• In this chart, the solid tax revenue.
• The dotted<00:51:31.680> revenue.
• they have choices uh between revenues they have choices uh between revenues and<00:52:15.520>

Keywords: 1187, senate, all

Transcript Highlights:

• So 80% of their revenue goes to Okay?
• obviously facing some revenue obviously facing some revenue constraints<00:46:43.599> next
• Department of Revenue Administration. Department of Revenue Administration.
• . minor amount of revenue.
• property taxes and other tax revenue. property taxes and other tax revenue.

Keywords: 1189, house, all

Transcript Highlights:

• And with that, I have several testifiers. uh revenue or L. Uh purpose of L. L was uh revenue or L.
• This revenue really, after the basic formula and operating referendum revenue, if people have it, is
• If that reduction were to revenue.
• districts to generate local revenue. districts to generate local revenue.
• We do recognize the stark revenue.

Keywords: 1187, senate, all

Transcript Highlights:

• much much more optimistic Revenue much much more optimistic Revenue projections<00:15:06.560>
• If you see a positive number here, that's an increase in either spending or revenues.
• If you see a positive number here, that's an increase in either spending or revenues.
• If you see a positive number here, that's an increase in either spending or revenues.
• If you see a positive number here, that's an increase in either spending or revenues.

Keywords: 928, house, all

Summary: The committee first considered an amendment to add a new “Lakes” license plate to HB 2, with proceeds directed to the cyanobacteria fund for lake cleanup. Representative McGuire said the bill had already passed on consent and asked that it be included in HB 2; members discussed that it had also gone to the Senate. The motion to adopt the amendment failed on a 7-8 vote. The committee then took up an amendment imposing a 5% administrative fee on certain dedicated funds, with several exemptions for funds that could not legally or appropriately be charged, such as those involving federal money or bequests. Supporters said it would make the treatment of dedicated funds more consistent and raise roughly $31 million over the biennium for the general fund, while opponents questioned the number of carve-outs and who currently pays the administrative costs. The amendment failed on a 4-5 vote. Next, the committee reconsidered and then adopted an amendment changing the distribution of business profits tax and business enterprise tax revenue, reducing the share going to the Education Trust Fund from 41% to 30% and increasing the General Fund share. Supporters argued the Senate had overfunded the Education Trust Fund and that the change would help balance the budget without changing education spending levels; opponents said they could not support taking money from the Education Trust Fund. The amendment passed 5-3. The committee also adopted, by the same 5-3 margin, an amendment incorporating HB 741 language on open enrollment and student attendance in public schools, with supporters calling it House policy and opponents noting it had been a close, partly partisan vote in the House. Finally, the committee considered a change to the University System of New Hampshire budget that would reduce general fund appropriations by $40 million per year, offset in part by $15 million in previously approved unique dollars for a net reduction of $25 million per year. Supporters said the cut was necessary to balance the budget and that other options had been exhausted; opponents called it harmful to the university system and argued the committee should instead look to other areas, including education freedom accounts, for savings. The discussion continued, but the transcript excerpt ends before a final vote on the UNH item.

Transcript Highlights:

• So, these folks bring in a lot of the revenue for the state.
• Performing Arts Center, a decrease in projected revenues from donations and license plate revenue. revenue
• , license revenue.
• Revenue Dedicated Accounts, which equates to 84% of the agency's baseline requests with general revenue
• . and $21.3 million in general revenue.

Keywords: 1184, house, all

Transcript Highlights:

• <00:05:54.960> even that count as municipal tax revenue even that count as municipal tax revenue
• income on tax revenue? income on tax revenue?
• <00:10:31.360> between include all the revenues between include all the revenues between February
• Thanks. reinvest uh, community power revenues reinvest uh, community power revenues locally<00:20:38.159
• that want to reinvest non- tax revenues that want to reinvest non- tax revenues back<00:22:18.559

Keywords: 1191, senate, all

Transcript Highlights:

• All of the funding for this agency comes from general revenue.
• Those are total dollars since the first revenue sharing, in thousands.
• It's in statute that we have to have a revenue-sharing agreement.
• It's in statute that we have to have a revenue sharing agreement.
• dedicated and $21.3 million in general revenue.

Summary: The Senate Finance Committee heard budget presentations for the Texas Historical Commission, the Pension Review Board, the Employees Retirement System (ERS), Social Security and benefit replacement pay, the Texas Emergency Services Retirement System (TESSRS), and the Cancer Prevention and Research Institute of Texas (CPRIT). The Legislative Budget Board outlined recommendations and major changes for each agency, including reductions tied to one-time projects at the Historical Commission, continued funding for courthouse grants, heritage trails, and Holocaust/genocide education, as well as new or modified riders and capital items. For the pension-related items, LBB described funding changes for PRB, ERS, Social Security, and TESSRS, including ERS health plan cost growth driven largely by pharmacy costs, the status of pension funding reforms, and TESSRS’s request for additional state support to address its unfunded liability and staffing needs. Members asked extensive questions about the Historical Commission’s one-time funding, unexpended balance authority, courthouse preservation, the Presidio La Bahia and National Museum of the Pacific War projects, and coordination of Texas history messaging across sites such as the Alamo, San Jacinto, Washington on the Brazos, and other heritage locations. The Historical Commission chair emphasized heritage tourism, economic development, and the need for continued investment in historic sites, staffing, IT modernization, and vehicles. On the pension items, senators discussed PRB oversight of local systems, including the Dallas police and fire pension situation, and ERS investment returns, benchmark comparisons, and rising health costs. ERS officials said the plan remains well funded overall, noted a 2021 cash balance reform and a planned supplemental legacy payment, and explained that GLP-1 drugs such as Ozempic and Mounjaro are a major driver of pharmacy spending; they also said the agency is working with the Texas Pharmacy Initiative and that rebates are contractually returned to ERS. For TESSRS, LBB and agency staff said the system serves volunteer and part-paid emergency personnel, is facing an infinite amortization period, and is requesting additional appropriations, staffing, and IT funding, along with a statutory change to allow an actuarially determined state contribution. The agency said it may otherwise need to cut benefits for volunteer firefighters. For CPRIT, LBB reported about $600 million in recommended funding for the biennium and a 10-FTE increase, while the agency described its $6 billion voter-approved program, $3.75 billion in grants awarded to date, and $10.4 million in revenue sharing since 2011. CPRIT’s only exceptional item was a request for a 10% salary increase for two exempt positions. No committee votes or formal actions were taken in the transcript.

Transcript Highlights:

• Um, again, we looked at the revenues Um, again, we looked at the revenues coming<00:09:31.920>
• It totally is dependent on revenues. Um, and that way revenues have to come in strong.
• Um, so I think that again, while I think we've seen some good revenue increases and revenue recovery
• When you're planning revenues year.
• <00:21:08.960> The regarding revenue um increases. The regarding revenue um increases.

Keywords: 1189, house, all

Summary: The committee first adopted amendment 2026-2021S to correct a drafting issue in the budget language so that the $2.5 million appropriation for Medicaid per diem rate stabilization at county nursing homes can be spent during the biennium rather than lapsing at the end of the fiscal year. Senator Lang explained that the funds are matched with federal dollars for a total of $5 million and are intended to prevent rate reductions that could shift costs to county property taxpayers. The amendment was adopted unanimously by both chambers, and the committee proceeded on the bill as amended by the Senate. The main discussion then focused on HB 155 and a proposed amendment to the business enterprise tax. The House proposal would lower the BET rate in stages when combined business tax revenues exceed certain thresholds, while the Senate opposed an immediate rate reduction and argued that tax changes should be handled in a budget year. Senators emphasized that raising the filing threshold to $375,000 had already removed about 3,500 small businesses from filing requirements, and they preferred further relief through threshold changes rather than rate cuts. House members argued that the trigger-based reduction was a reasonable, tested mechanism and would provide future tax relief without taking effect unless revenues rose enough. Members debated whether the trigger could be distorted by one-time revenue spikes, such as the recent tax amnesty receipts and prior federal repatriation-related revenue, and Representative Sweeney said he was willing to adjust the effective date or carve out amnesty revenue. The committee did not reach agreement on the BET reduction, and the chair called a break and then continued the meeting later with a new proposal to delay the trigger’s effective date to January 1, 2028. Senator Lang rejected that version but offered a counterproposal to raise the filing threshold to $400,000, and the parties ultimately agreed to continue discussions and reconvene later. The meeting also took up HB 1102, concerning the research and development tax credit and state park fees. The House position was to support the R&D tax credit but remove the park-fee provisions, citing testimony from the Department of Natural and Cultural Resources that it did not need the increase and concerns about discouraging tourism, especially at border parks. Supporters of the park-fee language argued that the department had not raised rates in years, could set its own rates, and should be able to charge nonresidents more while keeping New Hampshire residents’ fees lower. The discussion remained unresolved, with members debating the likely effect on tourism and fairness to residents versus the need for additional revenue.

Transcript Highlights:

• after we do the revenue forecast. after we do the revenue forecast.
• when we forecast uh revenues. when we forecast uh revenues.
• excess revenue so the rate is lowered. excess revenue so the rate is lowered.
• set to uh produce 4% statewide revenue. set to uh produce 4% statewide revenue.
• largest other uh revenue source. largest other uh revenue source.

Keywords: 958, all

Summary: The meeting focused on preliminary fiscal 2026 revenue estimates and the governor’s office request for an official revision to fiscal 2026, with members reminded that any estimate adopted now would not bind the December official estimates. Staff from S&P Global walked through three forecast scenarios—control, optimistic, and pessimistic—based on recent federal tax changes, tariffs, and other policy developments, emphasizing that the outlook remains highly uncertain. Under the control scenario, the presentation projected below-trend real GDP growth of 1.8% in fiscal 2026, slowing to 1.5% by fiscal 2028, with unemployment peaking around 4.5% and the Federal Reserve cutting rates three times to a long-run range of about 2.75% to 3%. The optimistic scenario assumed lower effective tariffs, stronger growth, and better labor and housing outcomes, while the pessimistic scenario assumed a broader trade war, higher effective tariffs, faster deportations, weaker employment and consumer spending, and unemployment rising to about 6.3%. Speakers also noted that the forecast was prepared before later BLS revisions and that recent data on inventories and AI-related investment made the recent quarters look unusually volatile. Members discussed how the current fiscal 2026 outlook compared with earlier assumptions and noted that the eventual revenue revision may be smaller than the spread between the optimistic and pessimistic economic scenarios. The governor’s office and committee members also reviewed sector-specific impacts, including manufacturing, housing, light vehicle production, exports, and consumer sentiment, with particular concern about Kentucky’s auto and housing-related industries. No votes or formal actions were taken in the portion provided.

Transcript Highlights:

• The revenues from out of state lenses.
• labeled revenue versus expenses.
• The revenue in the last six years on the last page of your handout shows that the revenue has increased
• probably<00:43:39.520> increased so our revenues were probably increased so our revenues
• We had new revenue a new revenue<01:29:55.679> stream<01:29:56.080> with<01:29:56.320><

Keywords: Appropriations - Room 216, 22 January, 2026; 8:00 AM, 925, all

Summary: The hearing began with the State Board of Architecture’s budget presentation. The executive director described the board’s mission to regulate architecture, landscape architecture, and certified interior design to protect public health and safety. He highlighted the board’s consolidated structure, license totals, high reciprocity rate, recent rule changes to reduce barriers to practice, and a proposed FY 2027 budget of $368,123, which included a 5% staff salary increase and higher operating costs. He also noted a newly identified need to modernize the licensing system, estimated at at least $25,000, and asked that the board not be reduced below the requested level. A board member also praised the small staff’s responsiveness and effectiveness. The State Board of Public Accountancy then presented its budget and policy requests. The executive director said the board regulates CPAs and CPA firms, oversees the CPA exam process, and has about 3,600 active individual licensees and 800 firms. The board requested only a 3% compensation increase for staff, plus a special request to allow an audit supervisor to repay the cost of a Becker review course through payroll deduction as part of succession planning. She also described a board-approved waiver program that began January 1, eliminating application fees for CPA exam candidates and retakes; 42 candidates had used the waiver in the first two weeks. In response to questions, she said the board does not assist CPAs with IRS disputes, but it does investigate complaints from the IRS, SEC, PCAOB, or others. Finally, a representative presented for the Board of Licensed Professional Counselors. She explained that the board regulates licensed counselors and psychotherapy providers, meets frequently, and has two staff members. The board’s main request was for additional investigative capacity: a full-time investigator and related funding, because complaints are currently handled by part-time investigators, contractors, and sometimes board members, which can require recusals from hearings. She said the state auditor had recently flagged complaint backlogs at regulatory agencies, supporting the request. The board also sought funding for a contractual administrative position, salary progressions, and a one-time technology increase to modify its new licensing system for the counseling compact and better search functions. Members questioned the board about its large cash balance, which was reported at about $860,000, and whether it should provide fee relief or other benefits to members; the presenter said the board would look into that and noted that revenues had increased significantly in recent years, partly due to out-of-state and telehealth-related licensing demand.

Transcript Highlights:

• Item B is the removal of revenue bonds and general revenue for capital complex phases one and two.
• All debt for all facilities, and if they have the attachment of the revenue coming, if it's revenue sharing
• Item four discusses the revenue related to private equity.
• I am the Executive Director of the **National Revenue Board**.
• We don't receive any general revenue, as you heard from the LBB.

Bills: SB1, SB 1

Keywords: appropriations, budget, state funding, education, healthcare, infrastructure, campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, 1185, senate, all

Transcript Highlights:

• That's 521 jobs and $5.3 million in tax revenue.
• revenue sharing that's been reinstated. revenue sharing that's been reinstated.
• I see that these revenues collected are Okay?
• >> Thank you all. the department of revenue the department of revenue administration.<01:36:16.480>
• It's a loss revenue. for a loss? It's a loss revenue.

Keywords: 1191, senate, all

Transcript Highlights:

• It's 10% of unrestricted general fund revenues for that year. Oh, 10% of their general.
• It's 10% of unrestricted general fund revenues for that year. Oh, 10% of their general.
• the revenue using...
• I inadvertently put the wrong revenue codes in there when I set it up, and so...
• I inadvertently put the wrong revenue codes in there when I set it up.

Keywords: 1204, all

Transcript Highlights:

• retention bonus to an employee if such expenditure is approved in their budget by the Department of Revenue
• retention bonus to an employee if such expenditure is approved in their budget by the Department of Revenue
• if the source of revenue was not eternal and unchallengeable, that somehow you couldn't plan.
• $50 million before revenues can be used for public facilities.
• in non-recurring revenue.

Summary: The Finance and Tax Committee considered several tax-related measures. SB 674, allowing county property appraisers to budget for and pay hiring or retention bonuses with Department of Revenue approval, was supported by property appraisers and reported favorably. C.S. for SJR 318, as amended, would create a tangible personal property exemption for agricultural land used in agricultural production or agritourism; the amendment clarified the property’s location and allowed the Legislature to define conditions, and the resolution was reported favorably with support from Farm Bureau and the Florida Chamber. The committee also advanced C.S. for SB 1664, as amended, which requires locally approved discretionary taxes to be reauthorized by voters when they expire and sets rules for taxes tied to revenue bonds. Local government and tourism-related groups raised concerns about impacts on tourist development taxes, beach funding, transportation surtaxes, and long-term planning, while supporters argued voters should periodically reaffirm taxes; the bill was reported favorably. C.S. for SJR 1510 and its implementing bill, SB 1512, were both amended to sharply narrow a proposed long-term lease property tax exemption to one qualifying property and to single-family homes, mobile homes, and condominiums; counties and cities opposed the measures as tax shifts, but both were reported favorably. The committee then took up SPB 7034, the Senate tax package, which includes permanent sales tax exemptions for certain clothing and bullion, multiple tax holidays, a temporary motor vehicle fee reduction, a property tax study, corporate and insurance tax credit changes, a communications services tax freeze, and other tax provisions, with staff estimating $2.1 billion in total revenue reduction. Testimony included support for studying property taxes and strong opposition to the firearm and ammunition tax holiday from students and advocacy groups, who argued it was unsafe and inappropriate; others urged adding combined reporting or removing tourist development tax changes. After debate, the committee reported the package favorably and also approved a motion to submit it as a committee bill. The meeting ended after Senator Bernard recorded an affirmative vote on tab 5 and the committee adjourned.

Transcript Highlights:

• 21:04.239> 2018, our general fund revenues 2018, our general fund revenues 2018, our<01:21:06.960
• general fund revenues were our general fund revenues were approximately<01:21:09.360> 10<01:21
• Our revenues are income tax rates.
• We do not have a revenue problem. We do not have a revenue problem.
• <01:22:14.639> problem, Today we do not have a revenue problem, Today we do not have a revenue

Keywords: Convene 00:00:00 Senate Message 00:04:59 Orders of the Day 00:06:19 Recess 00:06:38 Reconvene 01:11:12 HB 306 01:11:42 HB 34 01:14:19 Motions, Petitions, and Communications 01:16:25 Rep. Petrie Statements on Budget 01:16:42 Motions, Petitions, and Communications continued 01:23:50 Introduction of New Bills and Resolutions 01:36:28 Recess for ConC and Rules Meeting 01:38:52 ConC/Rules Report 01:45:18 Floor Amendments 01:46:21 Adjournment 01:46:32, 958, all

Summary: The House convened on the 14th legislative day after winter weather closures, established a quorum, approved the prior journal, and received notice that the Senate had passed Senate Bills 27, 30, 40, and 76 and requested concurrence. The chamber also suspended rules to allow co-sponsorship and vote modifications, and later recessed briefly for caucus and for meetings of the committee on committees and the rules committee. Two bills were taken up and passed on the floor. House Bill 306, relating to criminal trespass, was explained as a workplace-safety measure that would define disruptive or threatening behavior in workplaces and increase penalties for repeat offenses; it passed 83-7. House Bill 34, relating to death benefits, was described as expanding recognized cancers for fire service-related benefits; it passed 92-0. After passage of HB 34, a motion for a clincher was adopted without objection. During announcements, a member from Todd outlined the newly filed branch budget bills and said the executive budget would be a scaled-back, “bare-bones” operational budget focused on restraining spending growth and inviting more public review through budget subcommittees. The House also adopted a citation honoring Notre Dame Academy and Catholic Schools Week, heard an announcement about hearing screenings by the Kentucky Academy of Audiology, and received a lengthy floor speech marking International Holocaust Remembrance Day before adopting House Resolution 30 without objection. At the end of the session, new bills and resolutions were introduced, including measures on lactation consultation, Medicaid waivers, a child tax credit, postsecondary employment, long-term care, court security officers, prisoner monitoring devices, administrative regulations, the state budget, transportation, legislative and judicial appropriations, stalking, and memorial overpasses. The committee on committees referred several bills to standing committees, the rules committee posted House Bills 56, 214, 281, and 366 for the next day, a floor amendment to House Bill 320 was reported, and the House adjourned until 2:00 p.m. on Wednesday, January 28, 2026.

Transcript Highlights:

• So, Reese, when we look at the $6.94 million in revenues...
• declining revenues, that plays into our discussion as well.
• Net operating revenue.
• annual revenue bond principal and interest payment.
• The ratio had been higher on the revenue bonds.

Keywords: 908, all

Transcript Highlights:

• Uh we department of revenue as well.
• I'm just going through the revenue analysis detail.
• I'm just going through the revenue analysis detail.
• I'm just going through the revenue analysis detail.
• So through the revenue analysis detail.

Keywords: 919, house, all

Summary: The committee took up House File 331, as amended by the A1 amendment, and the bill was laid over for possible inclusion in the omnibus tax bill. The bill would permanently exempt school supplies from the sales tax, which the author described as a pro-family, pro-affordability, and pro-education measure intended to put money back into families’ pockets and avoid the burden of a temporary sales tax holiday. A representative from We Make Minnesota testified in opposition, arguing the exemption would provide only modest savings to most families while reducing revenue for public services. He said Minnesota already offers more targeted relief through the K-12 education subtraction/credit, noted that similar exemptions in other states are usually temporary, and estimated the bill would cost tens of millions of dollars annually while saving the average family only a small amount per child. He also said the bill was broad enough to cover many office supplies and could benefit higher-spending purchasers disproportionately. Committee members debated the bill’s scope and cost. Supporters said the exemption would help families immediately and noted that many eligible families do not claim existing credits because they must save receipts and file for reimbursement. Opponents argued the same money could be better used for K-12 formula increases or expanded targeted credits, and one member said the bill would narrow the sales tax base and was not well targeted. The author said he was open to working on limits to make the bill more targeted, but emphasized that the goal was direct tax relief for families.