Video & Transcript Research : 'internal revenue code'
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TX
Transcript Highlights:
- Federal tax provisions, specifically sections 45U... ...and 48E of the Internal Revenue Code play a vital
- This resolution calls on the United States Congress to preserve these sections of the Internal Revenue
- It's the only means of production tax credit in the entire tax code.
- Just to edify here, Sections 45U, 45Y, and 45E of the Internal Revenue Code, not known in the tax code
- As I mentioned, it's the only means-tested credit in the entire code. That's nuclear.
LA
Louisiana 2026 Regular Session
Transportation, Highways and Public Works Apr 27th, 2026
Transportation, Highways & Public Works
Transcript Highlights:
- Representative Shemahorn, I'm reading the actuarial note on the bill, and on page two under revenue it
- Okay, members, we are down to HCR 69 by Representative Wilder, and I know he is in revenue and fiscal
Bills:
HCR63, HCR69, SCR6, SCR18, SB2, SB19, SB24, SB50, SB70, SB96, SB101, SB103, SB104, SB114, SB122, SB159, SB160, SB182, SB412, SB418, SB460
Keywords:
military drivers, driver's license exemption, active-duty military, federal vehicle, government-owned vehicle, state highways, public safety, task force, Tiger Team, Louisiana National Guard, Fort Polk, Barksdale Air Force Base, Naval Air Station Joint Reserve Base New Orleans, Department of Defense, executive order, military readiness, vehicle licensing, law enforcement, state police, sheriffs association
Summary:
The House Transportation Committee met on Monday, April 27, with a quorum present and took up a series of Senate bills and one House concurrent resolution, most of them related to transportation infrastructure, memorial highway designations, and prestige license plates. Early action centered on Senate Bill 122, which would direct the Department of Transportation and Development to be more proactive about bridge maintenance, inspection, reporting, and public meetings on bridge conditions; the committee adopted a large amendment package before reporting the bill with amendments. The committee also reported favorably SCR 6 supporting an LNG facility at Port Fourchon and SCR 18 directing a study of commercial driver’s license privileges compared with neighboring states.
Several bills designated memorial highways or bridges, including SB 50 for the Elwood T. Brady Jr. Memorial Bridge, SB 70 for the Officer Mark Brock Memorial Highway, SB 460 for the Hayden Lane Mangum Memorial Highway, SB 101 for the Daniel Edward Didillo Memorial Highway and Bill Blue Evans Memorial Highway, SB 160 for the Speaker Joe R. Salter Memorial Highway, SB 418 for the Dick and Jacques Schuford Memorial Highway, SB 103 for the Gladys Edwards Highway, SB 159 for the Surgeon Roelio Roy Gonzalez Jr. Memorial Highway, SB 182 for the Mayor Billy Cobb Memorial Highway, SB 104 for the Ernest J. Gaines Memorial Highway, and SB 2 for the Falcons Band Highway. The committee also approved SB 114 creating a prestige plate for the Foundation for Moral Law and SB 96 creating a Fallen Heroes prestige plate.
One of the more substantive policy items was HCR 63, which creates a task force to study whether certain active-duty military personnel without civilian driver’s licenses should be allowed to operate federally owned vehicles on state highways; it was reported favorably after discussion of military training and licensing differences. Another major item was HCR 69, urging DOTD to improve Interstate 12 in Livingston Parish; the committee adopted amendments adding findings about flooding, drainage, and evacuation concerns, and then reported the resolution with amendments. The committee also considered SB 19 on the state employee retired prestige plate; after objections about whether proceeds should continue supporting LASERS, the bill was reported favorably by roll call vote, 13-1, with Representative Schamberhorn voting no.
AL
Alabama 2026 Regular Session
Alabama Senate Finance and Taxation Education Apr 7th, 2026
Finance and Taxation Education
Keywords:
liability, off-roading, parks, participant safety, risk management, HB580, Alabama Healthy Schools Act, public schools, K-12, school nutrition, school meals, cafeteria, vending machines, fundraising sales, food additives, artificial dyes, ultra-processed food, processed food ban, student health, child nutrition
AL
Transcript Highlights:
- Can I ask a question about the code that allows Dr. Harris to standing? >> Not at this point.
- Can I ask a question<00:16:31.600>
about <00:16:31.839>the <00:16:32.399>code <00 - question about the code that allows Dr. question about the code that allows Dr.
Keywords:
consumer protection, app store, age verification, parental consent, data protection, minors, HB146, ivermectin, pharmacist, standing order, prescription drug, non-patient-specific order, dispensing, physician assistant, nurse practitioner, licensed health care provider, pharmacy board, medical licensure, disciplinary action, drug access
MN
Minnesota 2025-2026 Regular Session
House Human Services Finance and Policy Committee 4/1/25
Human Services Finance and Policy
Transcript Highlights:
- disability waiver system at appropriate levels and to ensure that service providers are applying their revenue
- 40:19.159>
their service providers are applying their service providers are applying their revenue - appropriately<01:40:21.000>
especially <01:40:21.440>as <01:40:21.560>it revenue - appropriately especially as it revenue appropriately especially as it applies<01:40:22.159>
to
Keywords:
HF2367, Community First Services and Supports, CFSS, personal care assistance, PCA, consumer-directed community supports, CDCS, home and community-based services, HCBS, direct support professionals, direct care workers, caregivers, support workers, SEIU Healthcare Minnesota & Iowa, collective bargaining agreement, retention stipend, health care cost stipend, training stipend, orientation program, retirement trust
NH
Transcript Highlights:
- get the approval of the International get the approval of the International Code<00:57:42.040>
<01:34:35.240>- It's actually the regulations in the 2021 IRC, which is the International Residential Building Code.
- So the state of New Hampshire adopted the 2021 International Residential Code, and they adopted Appendix
Residential <01:34:35.720>Code the 2021 International Residential Code - the 2021 International Residential Code and<01:34:36.240>
they <01:34:36.360>adopted <01
UT
Utah 2025 Regular Session
Economic Development and Workforce Services Interim Committee - November 19, 2025
Economic Development and Workforce Services Interim Committee
Transcript Highlights:
- They had a very aged cargo facility at Salt Lake City International.
- That particular section of code is just being pulled in.
- But it's already in code currently. Correct. So it would have to be...
- We have international engagements, and those continue to grow.
- Do you know the section of code they were talking about? I'm not sure on the code specifically.
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Jan 16th, 2026 at 09:09 am
House Appropriations & Finance
Transcript Highlights:
- Agency Code 418, Tourism Department.
- Direct tax revenue, new tax revenue because of these projects, and this isn't the ancillary benefit;
- this is direct new tax revenue over 10 years.
- recommendation is $237,000 less general fund revenue than the executive.
- In the other revenue and that is generated from local government investment pool funds in the other revenue
MN
Minnesota 2025-2026 Regular Session
Conference Committee on S.F. 1832 - Jobs and Labor Omnibus - 05/13/25
Transcript Highlights:
- There is a revenue increase for the construction code fund of $21,329,000 in the upcoming biennium and
- revenue revenue increase<00:29:58.159>
for <00:29:58.399>the <00:29:58.559>construction - Finally, there's the revenue associated with the fee adjustments on the construction code fund for line
- The revenue associated with the fee adjustments on the construction code fund for line 58 is $25,493,000
- related to national electrical code related to national electrical code updates<00:47:16.079>
HI
Hawaii 2026 Regular Session
CPC Public Hearing - Tue Mar 31, 2026 @ 2:00 PM HST
Consumer Protection & Commerce
Transcript Highlights:
- internal governance than anything else. internal governance than anything else.
- >
governance terms of internal governance terms of internal governance um<00:44:59.320>to< - , the state economy through tax revenues, the state economy through tax revenues, fees,<00:47:01.960
- landlord-tenant code. landlord-tenant code.
- to enforce their rights under the code. to enforce their rights under the code.
Keywords:
landscape architecture, licensure, educational requirements, examination, professional standards, consumer protection, junk fees, live-event tickets, short-term lodging, transparency, pricing disclosure, deceptive practices, insurance, captives, regulations, policyholders, SB2623, Hawaii pharmacy law, Board of Pharmacy, registered pharmacy technician
Summary:
The committee first heard HCR 168 and HR 158, which would create a temporary working group to study utility capacity, coastline infrastructure lifespan, and the costs of needed expansions. Public Utilities Commission staff said the commission was not the right entity to direct all of the work because it lacks authority over many affected agencies. Members discussed whether the study should be limited to a coastal area or broadened to the whole island, and in decision-making the committee amended the measure to focus on the County of Honolulu, correct references to the Public Utilities Commission, and revise the working group membership to include the PUC chair, legislative designees, and directors or designees from DLNR, DOT, HIEMA, and DCCA Consumer Advocacy. The committee then passed both resolutions with amendments; the vote was adopted unanimously, with some members excused.
The committee next considered HCR 145 and HR 137, which would convene a working group on climate change impacts on insurance availability and affordability. The Insurance Division stood on its written comments, the Climate Change Mitigation and Adaptation Commission supported the intent, and the Attorney General opposed the measure, warning that a working group could create discoverable materials that might complicate the state’s climate litigation and noting a technical ambiguity in the reference to the Hawaii Hurricane Relief Fund administrator. After questions about discovery and the lawsuit, the committee amended the resolutions to replace the administrator reference with the chair of the Hawaii Hurricane Relief Fund Board of Directors, remove the Attorney General as convener while keeping the office as a member, and have the working group share findings and recommendations with the House CPC and Senate CPN committees instead of issuing a report. The committee passed the measures with amendments, with Rep. Martin voting with reservations.
In the later agenda, the committee heard SB 2607, SD 1 on landscape architect licensure. The Board of Professional Engineers, Architects, Surveyors, and Landscape Architects supported the bill, explaining it modernizes licensure requirements to align with national standards and clarifies the profession’s design-focused role. The bill was discussed as distinguishing landscape architecture from groundskeeping and from civil engineering drainage work. No opposition was heard.
The committee also heard SB 2031, SD 2 on consumer protection and price transparency for live ticket events and short-term lodging. The Office of Consumer Protection supported the bill, saying it largely mirrors an FTC rule requiring all-in pricing and would give the state enforcement authority and remedies. The Hawaii Financial Services Association opposed the bill as drafted and sought a limited exemption for credit card issuers relying on third-party hotel information, while the Hawaii Hotel Alliance supported the measure but asked for language deeming compliance with the federal rule sufficient for short-term lodging. Committee members questioned whether those proposed exemptions would conflict with federal law or weaken state enforcement, and the discussion focused on preemption, liability, and the value of state remedies such as restitution.
NH
New Hampshire 2025 Regular Session
House Finance Division II (03/05/2025)
Transcript Highlights:
- So, per an MOA internally, about 49% of this bureau's revenue comes from the turnpike system for the
- So, per an MOA internally, about 49% of this bureau's revenue comes from the turnpike system for the
- So, per an MOA internally, about 49% of this bureau's revenue comes from the turnpike system for the
- safety estimates for revenue.
- There are two sources of revenue: sustainment fund revenue and rental income revenue.
Summary:
The committee met with New Hampshire DOT Commissioner Bill Cass and Finance Director Danielle Shandra to review the agency’s FY 2026 budget. Cass gave a high-level overview of DOT’s mission, organization, funding structure, and staffing trends, noting the agency has about 650 employees across five divisions. He said the Governor’s recommended FY 2026 budget totals $95.99 million, essentially flat from FY 2025, with funding primarily from Turnpike funds, Highway funds, federal sources, and a small General Fund share for non-highway units. Members asked about how Turnpike and Highway funds are treated in state accounting, and DOT explained that while they are enterprise funds restricted to their purposes, they are considered unrestricted from the statewide perspective and are appropriated through the budget process.
A major topic was staffing and budget targets. DOT said its full-time staffing level has remained relatively flat since 2014 even as vehicle miles traveled increased and vacancies rose. To meet budget targets, the department unfunded seven permanent positions and nine temporary full-time positions, and later noted additional reductions in Finance, including the elimination of two full-time positions, reduced print shop equipment purchases, and deeper cuts to overtime, temporary help, equipment, and supplies in FY 2027. DOT also explained that it shifted funding for one unmanned aerial system position from General Funds to Highway Funds, saying the change was workable because the position supports highway-related work and federal-aid-eligible activities.
Members asked for clarification on the state transit operating match, and DOT explained that the Legislature had previously provided about $1.8 million annually in General Funds to help local transit agencies meet federal match requirements, but that funding was not included in this budget. DOT said that could reduce the ability to draw down some federal transit funds, though the impact may not be immediate because those funds can be used over several years. The department also described its unmanned aerial system program, saying it has been used for about five years for mapping, survey work, construction oversight, and storm damage assessment, and that it now has about five drones and two full-time positions supporting the program. DOT said it is expanding cross-training so more employees can operate drones without adding positions. No votes or formal actions were taken in the portion provided.
FL
Florida 2026 Regular Session
FL House Floor Session - 2026-02-19 (10:00AM Session)
Florida House Floor Meeting
Transcript Highlights:
- , Miami International, Fort Lauderdale-Hollywood International Airport, Tampa International Airport,
- Orlando International, Miami International, Fort Lauderdale Hollywood International Airport, The name
- The amendment simply expresses legislative intent that the FAA Airport Code, PBI, for Palm Beach International
- , That the FAA airport code, PBI, for Palm Beach International, remain unchanged.
- Trump International Airport. So one, why? Trump International Airport.
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.
LA
Transcript Highlights:
- But this is revenue sharing, and it's revenue sharing, let's be clear, that is state money.
- But it is revenue received for compensation.
- It's public dollars because it's revenue from...
- This is revenue sharing. This is revenue sharing.
- This is revenue sharing. This is revenue sharing.
Bills:
SR119, SCR65, HCR47, HB196, HB218, HB256, HB325, HB352, HB434, HB448, HB476, HB608, HB624, HB626, HB632, HB749, HB818, HB1059, HB1112, HB1242, HB1249
Keywords:
SR119, Senate Resolution 119, D-D Breaux, Sara Breaux, LSU gymnastics, LSU Gymnastics Training Center, LSU Board of Supervisors, facility naming, honorary resolution, public buildings and grounds, women's athletics, Title IX, college gymnastics, SEC gymnastics, Louisiana State University, Tiger Athletic Foundation, women in sports, coach recognition, sports legend, campus naming
Summary:
The Senate Education Committee met with four members present and took up a long agenda of education-related bills. Early items included SCR 65, which would create a K-12 student success task force to study statewide career and academic pathway advising; the committee adopted a substantive amendment adding designees and then reported the resolution favorably. The committee also reported favorably on SCR 119, honoring Coach D.D. Breaux, after brief remarks about her LSU gymnastics legacy and the request that LSU study naming its gymnastics training facility in her honor.
Several bills affecting school operations and student support were heard and reported favorably, including HB 434 on probationary school bus driver employment and superintendent authority over dismissal; HB 484 expanding scholarship benefits for children and spouses of fallen or disabled firefighters and police officers; HB 749 and HB 1059 on savings accounts and TOPS math eligibility alignment; HB 218 adding food insecurity questions to student questionnaires, which was amended and reported favorably; HB 325 expanding TOPS Tech eligibility through dual enrollment and part-time use; HB 476 requiring Safe Haven law postings in middle and high school restrooms; HB 1249 clarifying access to school-based health centers, with an amendment adopted; HB 1242 allowing more than one early learning center license at the same location under certain circumstances; HB 632 improving data protections and functionality for LA First; and HB 352 on behavioral health services for public school students, which was amended to address IEP and dispute-process concerns before being reported favorably.
Two bills drew extended debate over transparency, privacy, and school autonomy. HB 608 would create confidentiality for intercollegiate athletics revenue-sharing documents; LSU representatives argued the bill was needed to protect student-athletes and competitive information, while PAR and the Louisiana Press Association opposed it as an improper secrecy carve-out for state-generated revenue. Despite the opposition, the committee reported HB 608 favorably. HB 1112, which would exempt BESE-approved non-public pre-K programs from certain licensure and safety requirements and adjust related definitions, was amended and then heard with testimony from the Pelican Institute in support, arguing it corrects overreach from prior law and protects private school autonomy and parental choice.
FL
Transcript Highlights:
- conference develops going into a new general revenue forecast.
- And then, third from the bottom, are Indian gaming revenues, where there's more revenue sharing anticipated
- tax code.
- to whatever the Internal Revenue Code is on January 1 of that calendar year.
- As code to whatever the Internal Revenue Code is on January 1 of that calendar year.
Keywords:
property assessment, wind damage, home improvements, real estate, tax exemption, Florida statutes, ad valorem taxes, property listings, tax estimation, disclosure, Florida, residential property
Summary:
The committee heard and passed three bills before moving to a staff presentation on the state revenue forecast and the federal One Big Beautiful Bill Act. SB 856, by Senator DeSantis? [sic], would require online real estate listing platforms to display estimated property taxes for residential properties using prescribed methods and DOR-developed formulas rather than the current owner’s tax bill. Supporters from county, city, and property appraiser groups said the bill would improve transparency and help homebuyers avoid surprise tax and escrow increases. The bill was reported favorably after debate about making sure the estimate appears on realtor and platform sites for first-time buyers.
SB 110, by Senator Arrington, was amended and then reported favorably. The bill clarifies that people holding 98-year-or-longer residential leases remain eligible for the homestead tax exemption even if the lease ends upon the tenant’s death, aligning those leaseholds with life estates for estate-planning purposes. The amendment, supported by the Florida Bar’s real property, probate and trust law section, clarified that lease provisions terminating at death are valid under current law. SB 434, by Senator Leak, was also reported favorably; it would prevent property tax assessments from reflecting increased just value attributable to wind-hardening improvements such as stronger roof attachments, shutters, and roof-to-wall reinforcements.
The committee then received an update from staff director Azar Khan on the new general revenue forecast. He said collections had been running slightly above estimate overall, but the Revenue Estimating Conference reduced corporate income tax projections because of weaker recent collections and uncertainty around tariffs, while increasing some other revenue sources. Members then discussed the federal One Big Beautiful Bill Act, which staff said would significantly reduce Florida corporate income tax revenue, with a large first-year impact driven by retroactive provisions such as bonus depreciation, research expensing, and business interest deductions. Senators and the appropriations chair said the forecast and federal changes would affect budget planning, and the committee adjourned after noting the bills had been favorably reported and the meeting was complete.
AZ
Transcript Highlights:
- The problems internally is that there is no...
- The problems internally is that there is no separation of powers.
- We've got internal affairs. We have other ads...
- Going down the other route, there are other avenues for that internally.
- They still have internal affairs investigations.
Keywords:
juvenile services, Coconino county, rehabilitation, detox center, financial appropriation, Arizona Rangers, statutory repeal, security, state law, regulatory changes, probation, dangerous crimes, children, Arizona Revised Statutes, criminal justice, juvenile offenses, appropriations, salary increase, corrections, public safety
KY
Kentucky 2026 Regular Session
House Budget Review Sub. on Health and Family Services. (1-28-26)
Transcript Highlights:
- Again, you can go down and just look at the procedure codes, the top procedure codes that were paid in
- Diagnosis codes: opioid dependence.
- , and just look at the uh procedure codes, and just look at the uh procedure codes, the<00:07:16.160
- of 25. diagnosis codes, uh, in December of 25. diagnosis codes, uh, opioid<00:07:21.919>
dependence - But there's some systematic coding that has to happen, and it's expensive to do that coding.
Keywords:
Meeting Start 00:00:00
Attendance Roll Call 00:00:36
Department for Medicaid Services 00:01:44, 958, all
Summary:
The House Budget Review Subcommittee on Health and Family Services met for an overview of the Department for Medicaid Services budget. Commissioner Lisa Lee and CFO Steve Beal described Kentucky Medicaid enrollment at about 1.4 million members, including more than 600,000 children, and said the agency’s 2025 total budget was $20.6 billion. They reviewed enrollment trends before, during, and after the COVID-19 public health emergency, noting that redeterminations begun in 2023 reduced enrollment from its peak but that total membership remains above pre-COVID levels. They also explained the difference between the fee-for-service population, which includes long-term care and waiver members, and managed care members, and gave examples of the kinds of services and diagnoses seen in each group.
A major focus was the governor’s recommended Medicaid budget and the department’s forecast process. Lee said the budget is split into benefits and administration, with benefits covering fee-for-service services, managed care capitation, transportation, and Medicare premiums, while administration covers contracts, personnel, operating costs, and IT-related advanced planning documents. She said the department uses a consensus forecasting group and actuary input, and that its forecasts have been within 1% of actual spending in recent years. The department also said the governor’s budget includes new waiver slots to address waiting lists, a 2% staff COLA, and a 10% phase-down on state-directed payments beginning in January 2028.
Much of the discussion centered on House Resolution 1 and the funding needed to implement its Medicaid-related provisions, including community engagement requirements, six-month redeterminations, and future cost sharing. Lee said the department requested about $35 million in total funds for fiscal 2027, including about $8.2 million in general funds for system changes to the integrated eligibility system, claims processing, notices, and monitoring; and about $11 million in fiscal 2028 for ongoing maintenance, with about $1.6 million in general funds. She said the department expects to seek federal APD matching funds for the IT work. In response to questions, she explained that community engagement would apply to Medicaid expansion members, with qualifying activities including work, school, volunteering, or equivalent income, and that certain groups such as pregnant women, children, caretaker relatives, and some people with chronic disease or substance use disorder would be excluded. She said the department identified roughly 70,000 expansion members who could be subject to the requirement. No votes or formal actions were taken.
NH
New Hampshire 2025 Regular Session
House Ways and Means (01/13/2025)
Transcript Highlights:
- We pick an Internal Revenue Code, and that's the Internal Revenue Code that we follow.
- As you're hearing in the press about potential changes to the Internal Revenue Code at a federal level
- We would have to make the adjustment to the Internal Revenue Code reference in order to pick up those
- c><01:37:39.800>
a <01:37:39.960>federal internal revenue Co code at a federal internal - <01:37:48.040>
Revenue <01:37:48.400>code adjustment to the Internal Revenue code adjustment
Summary:
The committee meeting began with an overview from the Legislative Budget Assistant Office on how Ways and Means will work with agencies and leadership during the budget and revenue-estimating process. Staff explained that the governor’s budget is still being developed, agencies are cautious about going on record early, and the committee will use worksheets and updated fiscal reports to track estimates. The presentation emphasized that the fiscal year 2025 budget status is a point-in-time snapshot and remains fluid because the annual comprehensive financial report has been delayed, which could change the beginning balances for both the general fund and education trust fund.
The budget update highlighted that the general fund is currently stronger than originally assumed, while the education trust fund is weaker. The speaker said the general fund began FY25 with a much larger balance than expected, while the education trust fund came in lower due to higher-than-budgeted adequacy spending and weaker business tax performance. Revenue trends showed the general fund slightly ahead year to date, but the education trust fund down significantly. The committee also discussed unbudgeted appropriations, including attorney general litigation, legal settlements, abandoned property claims, adequacy true-ups, and education freedom accounts, as well as the role of lapses and off-budget items in the final balance.
Members asked about the delayed liquor commission audit and whether it could affect revenue forecasts. Staff said the delay was mainly caused by the commission’s switch in point-of-sale systems and staffing losses, but did not expect major ongoing reporting issues. They also noted that liquor fund variances are more likely tied to Medicaid expansion costs than to commission operations. The governor’s office was said to be working on possible budget reductions, but no January request to the fiscal committee was expected.
Commissioner Lindsay Stepp of the Department of Revenue Administration then presented an overview of state revenue sources, focusing first on the meals and rentals tax. She explained that DRA administers 14 taxes that account for most state revenue, and that meals and rentals tax growth has slowed after strong post-pandemic gains. She described factors affecting the tax, including employment, inflation, fuel and food prices, wages, and weather, and noted that online platforms like Airbnb have improved compliance by collecting and remitting tax on behalf of hosts. Members asked about short-term rental compliance and how DRA identifies unlicensed rentals; Stepp said referrals, anonymous tips, and platform data help enforcement.
NH
New Hampshire 2025 Regular Session
Senate Health and Human Services (02/06/2025)
Health and Human Services
Transcript Highlights:
- for code.
- for code.
- You wouldn't be the first person I think that what I'm saying is that code for code is one standard.
- I think that what I'm saying is that code for code is one standard.
- <01:53:07.880>
for that what I'm saying is that code for that what I'm saying is that code
WY
Transcript Highlights:
- category code.
- Meyer, if if those laws, the US code<01:20:03.920>
or <01:20:04.239>or code or or code - Category codes.
- <01:35:59.760>
to codes and apply those codes to codes and apply those codes to construction - <01:36:20.880>
of <01:36:21.040>of has a code that's that's the code of of has a code
LA
Transcript Highlights:
- Referred to Revenue and Fiscal Affairs.
- It comes from the Committee on Revenue and Fiscal Affairs.
- We're going to go after other sources of revenue for that.
- a non-compete, and it provides a definition of intern.
- a non-compete, and it provides a definition of intern.