Video & Transcript Research : 'deductions'
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KY
Kentucky 2025 Regular Session
House Standing Committee BR Sub. on Justice, Public Safety, & Judiciary (2-11-25)
Transcript Highlights:
- Representative Carney asked whether there are required deductions if they owe child support or owe the
- The system is programmed to deduct that before the inmate actually receives the money in their account
- <00:14:20.279>
for <00:14:20.600>if there are required deductions for if there are - required deductions for if they<00:14:20.880>
owe <00:14:21.120>a <00:14:21.240>child - <00:14:37.839>
that system is programmed to deduct that system is programmed to deduct that
Summary:
The Budget Review Subcommittee on Justice, Public Safety, and Judiciary heard an update from the Department of Corrections on Kentucky Correctional Industries (KCI), sentence-credit payments for program completion, and the expansion of the Little Sandy Correctional Complex. Department officials said KCI, the department’s long-running re-entry program, operates 15 industries in 11 institutions, employs more than 400 inmates and 37 staff, and had $5.8 million in expenditures against $6.8 million in revenues through January 31. Members asked about inmate pay, the role of the Prison Industries Enhancement Certification (PIE) program, and whether KCI generates profit; the department said it aims to break even while supporting state government, with PIE participants earning prevailing wages and some programs offering certificates tied to post-release employment opportunities.
The subcommittee also reviewed the budget-authorized sentence-credit program for county jails. Officials reported 37,300 program completions in fiscal year 2024 and, through January, $6.128 million paid for 90-day sentence credits and $1.6548 million for 60-day credits, with total county jail expenditures of $8.1 million and 67 jails participating. They said additional participation would require more funding and that they do not expect many more jails to join, though attendance and population levels can affect costs. Members asked how jails opt in, whether there are added costs, how inmate earnings are handled, and whether deductions are made for child support or victim compensation; the department said jails apply through an approved program matrix, inmate earnings are tracked in individual accounts, and required deductions are made when ordered.
Questions from members focused on re-entry outcomes and program structure. Officials said evidence-based programming and employment opportunities are major contributors to lowering recidivism, and they cited a recent recidivism rate of 30.8 percent, down about 1 percentage point, while noting they would provide additional trend and savings data later. The department also clarified that adult education and GED programming are separate from KCI and are handled by a different education division. For the Little Sandy expansion, officials said the project remains on schedule for completion on June 25, 2025, with inmate transfers expected to begin at about 50 per week and roughly 200 additional staff eventually needed; they said hiring is being phased in as inmate population increases. The committee asked for the total construction cost of the expansion, which the witnesses said they did not have at the meeting and would report back. The meeting adjourned with the next meeting set for February 18.
MN
Transcript Highlights:
- So, they can just deduct that from their income and get those tax refunds.
- I think it's there to that deduction? I think it's there to address<00:26:54.080>
everybody. - child care would be able to be deducted child care would be able to be deducted under<00:28:37.919
- to help us out and help out deducted to help us out and help out that<00:40:20.640>
situation. - as a deductible amount federally. as a deductible amount federally.
Keywords:
day care, tax subtraction, child care costs, licensed child care, dependent care assistance, HF4321, dependent care assistance programs, gross income exclusion, federal conformity, Internal Revenue Code, individual income tax, Minnesota tax law, tax conformity, child care assistance, employer-provided dependent care, taxable income, state income tax, retroactive tax change, family care benefits, housing tax credit
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 7 on Accountability and Oversight Aug 20th, 2025
Transcript Highlights:
- But also creates some new deductions, largely for seniors, overtime pay, tips, and auto loan interest
- It also raises the limit on the state and local tax deduction.
- from 2025 through with income limits, up to $25,000 in overtime pay deduction for married couples from
- 2025 through 2028 with income limits, up to $10,000 deduction on car loan interest. on U.S. assembled
- There are some there's some recent guidance that was just issued related to the amount of deductions
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Health Care Financing Jun 21st, 2026 at 11:00 am
Joint Committee on Health Care Financing
Transcript Highlights:
- No co-pays, no deductibles, no denials of care, and no need to re-enroll.
- No co-pays, no deductibles, no denials of care, and no need to re-enroll.
- Oh, no deductibles, that's what I said. Oh, I thought you said no denials.
- Co-pays, deductibles. The costs added up quickly.
- Paying high co-pays and deductibles on top of increasing premiums.
Summary:
The Joint Committee on Health Care Financing held a public hearing on 16 bills, with the chairs noting a busy legislative day and asking speakers to keep testimony brief. The committee first heard testimony on Senate 860/House 1405, the Medicare for All bill, with Sen. Jamie Eldridge and many advocates, clinicians, municipal officials, and patients arguing that a single-payer system would make care a right, reduce administrative waste, lower costs, and protect residents from rising premiums, medical debt, and hospital closures. Several speakers cited the Steward hospital crisis, affordability problems, and polling or ballot questions showing public support for single-payer coverage. No vote was taken during the hearing.
The committee then took testimony on S. 863, a bill on non-opioid options for chronic pain. Pain specialists, patients, and advocates said the bill would improve care coordination for MassHealth members, expand access to non-opioid medications, require provider education, and collect data on chronic pain. Testifiers described long delays in diagnosis and treatment, stigma toward pain patients, and the need for multidisciplinary care and transportation support. Again, the committee heard testimony only and took no action.
A large portion of the hearing focused on H. 1360/S. 869, which would prevent discrimination against people with disabilities in health care. Disability advocates, clinicians, and patients described being denied or delayed care, pressured into DNR orders, or treated based on assumptions about quality of life rather than medical facts. Speakers referenced COVID-era crisis standards of care, discriminatory metrics, and personal stories involving canceled procedures, inadequate accommodations, and poor treatment in hospitals. Committee members thanked speakers for their testimony and said they would review the bill and its implications, but no vote was announced.
The committee also heard testimony on H. 1399, an individual Medicare marketplace option for municipal retirees, where supporters said it would give cities and towns a lower-cost alternative for retiree health benefits through HRAs and individual Medicare plans. The hearing then returned to Medicare for All testimony, with additional supporters repeating arguments about cost, access, municipal budget pressure, and the need for global budgeting and universal coverage. The transcript ends with continued testimony and no recorded committee vote or final action on any bill.
MN
Minnesota 2025 1st Special Session
House Commerce Finance and Policy Committee 3/12/25
Commerce Finance and Policy
Transcript Highlights:
- <00:38:02.280>
amounts to make choices about deductible amounts to make choices about deductible - <00:49:16.280>
and <00:49:16.720>and deductibles and and deductibles and and um<00:49:20.480 - talking about perhaps for a deductible talking about perhaps for a deductible uh<01:01:58.680>
- deductible.
- this year it might have a deductible this year it might have a $100,000<01:21:46.440>
deductible<
Keywords:
mortgage, qualified mortgage, QM, points and fees, conventional loan, consumer lending, home loan, residential real estate, lender fees, service charge, finance charge, closing costs, Minnesota Statutes 47.20, housing finance, borrower protections, cooperative apartment loan, contract for deed, real estate lending, foreclosure, notice requirements
ND
North Dakota 2026 1st Special Session
Employee Benefits Programs Committee May 7th, 2026 at 10:00 am
Employee Benefits Programs Committee
Transcript Highlights:
- You can have a waiver on part of your deductible, and you can save up to $850 by taking part in this
- It is a high deductible plan.
- As of January 1, 2026, there were 1,517 participants in the high deductible plan.
- As of January 1, 2026, there were 1,517 participants in the high deductible plan.
- from this limitation until the member reaches their minimum deductible.
MN
Minnesota 2025 1st Special Session
House Housing Finance and Policy Committee 2/12/25
Housing Finance and Policy
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Tuesday, February 10, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- Seniors now qualify for a $6,000 Social Security tax deduction, giving them real financial breathing
- Eighty-eight percent of seniors will benefit from these deductions to their Social Security taxation.
- Under the Working Families Tax Cuts, seniors age 65 and older can now claim a $6,000 deduction, while
- Seniors now qualify for a $6,000 Social Security tax deduction, giving them real financial breathing
- Eighty-eight percent of seniors will benefit from these deductions to their Social Security taxation.
KY
Kentucky 2025 Regular Session
House Standing Committee on Banking & Insurance (3-12-25)
Transcript Highlights:
- inflating the list price to afford PBM rebates, meaning that patients, especially those in high-deductible
- <00:19:16.080>
health <00:19:16.360>plans <00:19:17.159>pay in high deductible - health plans pay in high deductible health plans pay artificially<00:19:18.039>
high <00:19:18.360 - Rebates will only be shared with patients during the deductible phase.
- <00:20:25.600>
is patients deductible is patients deductible is met<00:20:27.520>and
Keywords:
Meeting Start: 00:00
Roll Call: 00:10
SB145 Discussion: 02:23
SB145 Vote: 05:13
SB183 Discussion: 06:13
SB183 Vote: 11:37
HB413 Discussion Only: 16:15, 958, all
Summary:
The House Standing Committee on Banking and Insurance met with a quorum and first took up Senate Bill 145, sponsored by Sen. David Givens. The bill would update retail installment contract statutes for automobile sales, allowing retailers with installment contracts shorter than 28 days to begin collections after three days instead of waiting for multiple missed payments, and it also harmonizes a related dollar amount in statute from $10 to $15. The committee asked no questions, and the bill received a favorable expression on a roll-call vote.
The committee then heard Senate Bill 183 from Sen. Matt Nunn, with testimony from Chris Nolan of the American Property Casualty Insurance Association. The bill would require proxy advisers acting for the State Retirement System to act solely in the financial interest of current and future retirees and to avoid political or social considerations in shareholder voting recommendations. Supporters argued it would keep politics out of public pensions and align proxy advice with fiduciary duties; members praised the bill and noted Kentucky could be among the first states to adopt such a model. The committee approved the bill with favorable expression after a roll-call vote.
The committee also reviewed administrative regulation 808 KAR 9:10 from the Department of Financial Institutions, with no vote required. It then took up House Bill 413, a PBM rebate pass-through bill, with testimony from Sarah Wood of the Diabetes Patient Advocacy Coalition. She said the bill would require 85% of negotiated drug rebates to be passed through to patients at the point of sale, lowering out-of-pocket costs, especially for high-rebate drugs such as insulin, while still allowing 15% to remain with plans. She cited examples from other states and argued the bill would benefit about 650,000 Kentuckians. Hope McClaflin of Anthem opposed the bill, saying it would reduce employers’ ability to use rebates to lower premiums, could disproportionately favor high-cost brand-name drug users, and could create significant costs for state and fully insured plans. Members asked questions about other states’ pass-through rates and the effect on premiums, but no final action on House Bill 413 was taken in the portion of the meeting provided.
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Dec 8th, 2025 at 09:12 am
Transcript Highlights:
- Our estimate of what we call the SALT cap, the state and local tax deduction, is unchanged.
- That the federal provision of 100 percent bonus depreciation deduction will impact SIT.
- There's an expensing deduction federally that will also impact New Mexico taxable income.
- And then there's a reinstatement of a federal research deduction.
- Those are probably prepaid taxes for the federal deduction, right?
NM
New Mexico 2025 Regular Session
IC - Public School Capital Outlay Oversight Task Oct 10th, 2025
Public School Capital Outlay Oversight Task Force
Transcript Highlights:
- Deduction on the basis of G.R.T. on a for-sale home.
- So, a for-sale home would qualify for a one hundred and twenty-five thousand dollar deduction on the
- The other thing—the other component—is a for-rent deduction.
- to build, but it's a $75,000 deduction, which equates to about $5,700 to $5,800 on average per unit.
- Deduction or reduction in gross receipts tax.
MN
Minnesota 2025-2026 Regular Session
Gov. Tim Walz's tax policy proposals heard in House Taxes Committee 4/23/26
Transcript Highlights:
- Because we have one of the largest standard deductions at almost 30,000.
- Because we have one of the largest standard deductions at almost 30,000.
- <00:04:24.400>
at of the largest standard deductions at of the largest standard deductions - Business interest deduction. Right now, that's limited to 30% of the income.
- You'd be getting the credit and you'd be getting the deduction.
Summary:
The committee heard testimony on House File 5055, the governor’s supplemental tax budget. Commissioner of Revenue Paul Marquart outlined the proposal as a balanced budget package that would leave a positive bottom line in the current biennium and beyond. He emphasized family-focused tax relief, especially a new refundable young child credit for children ages 0 to 4, which would provide up to $3,000 for one child or $6,000 for two or more, benefit about 104,000 families, and phase out at higher incomes. He also described federal conformity changes, including updates to business interest deductions, dependent care credits, and Section 179 expensing, along with omitted federal items such as research expensing and opportunity zones due to cost and policy concerns.
Marquart also defended broader tax modernization proposals, including expanding the sales tax to selected consumer services such as accounting, banking, brokerage, and legal services while lowering the statewide sales tax rate, and creating a social media tax on consumer data collection that would fund an AI readiness special revenue fund rather than the general fund. He said these changes would make the sales tax less regressive and better aligned with the modern economy. Additional provisions mentioned included a gun-related gross receipts tax on firearms and ammunition, cannabis tax technical changes, historic structure rehabilitation conformity, and added auditors for tax compliance.
Testimony from outside groups was mixed. Nan Madden of the Minnesota Budget Project supported the governor’s approach as a response to federal tax and spending changes, praised the decision not to conform to opportunity zones or federal no-tax-on-tips/overtime provisions, and urged even stronger revenue measures. Brian Lake of the Minnesota State Bar Association strongly opposed the proposed sales tax on consumer legal services, arguing it would burden low- and middle-income people in sensitive cases and create unfairness when individuals litigate against the state. Tanner Fritsinger of the Minnesota Association of Professional Employees supported the sales tax base expansion and the social media tax as ways to broaden revenue without raising the base rate. The committee chair thanked the commissioner and then began hearing public testimony, with additional testifiers queued up.
MN
Minnesota 2025-2026 Regular Session
State Committee Meeting - 2026-04-09
State Government Finance and Policy
Transcript Highlights:
- Chair, this is what I call the penny problem, and it also deals with a small issue of high-deductible
- high-deductible health plans.
- high-deductible health plans.
- option. that require a high deductible option.
- health plans as just deductible health plans as just discussed<00:50:57.440>
in <00:50:57.560>
Keywords:
Central and Eastern European Affairs, ethnic council, advisory council, Minnesota state government, immigrant communities, refugees, humanitarian parolees, Ukraine, Poland, Croatia, Hungary, Moldova, Romania, Serbia, Czech Republic, Baltic states, Slovakia, Slovenia, Kosovo, Russia
Summary:
The committee first approved the April 7, 2026 minutes and then held an informal hearing on House File 4364, which would establish a Central and Eastern European Ethnic Council in Minnesota. Representative Jordan and testifiers Mykola Mager and Julia Miller described the large Central and Eastern European community in Minnesota, its contributions to the state, and the need for a formal advisory body to help address barriers to government services, support refugees, workforce development, entrepreneurship, and cultural understanding. Members expressed general support and noted the bill’s importance, but no formal action was taken on the bill during the hearing.
The committee then took up House File 4543, a bill to create a centralized payroll reporting portal for prevailing wage projects. Representative Frazier said the bill would reduce administrative burden on project owners, improve transparency and accountability, and help prevent wage theft, misclassification, tax fraud, and insurance fraud. Testifiers from county, city, and contractor groups largely supported the idea of streamlining reporting, but contractor representatives raised concerns about employee data privacy, public access to sensitive payroll information, duplication of existing systems, interoperability with contractor software, and the need for stakeholder engagement. Members echoed both support and caution, and the bill was laid over as amended rather than advanced.
Finally, the committee considered House File 4821, described by Chair Klevorn as addressing the “penny problem” and a related change to high-deductible insurance plans. The bill would authorize state agencies to round cash transactions because of the penny shortage and would change MMB’s obligation to offer certain high-deductible health plans from “must” to “may,” producing modest administrative savings. Members questioned the drafting of the rounding language and asked about cash transactions at state agencies and the handling of cannabis tax payments. The chair noted the bill had missed the deadline and would be caught by the chief clerk’s office; the discussion ended with the bill being laid over as amended.
ND
North Dakota 2026 1st Special Session
Employee Benefits Programs Committee May 7th, 2026
Employee Benefits Programs Committee
Transcript Highlights:
- You can have a waiver on part of your deductible, and you can save up to $850 by taking part in this
- It is a high-deductible plan.
- And when you're taking on that risk, of course, a high-deductible plan, you pay more And when you're
- As of January 1, 2026, there were 1,517 participants in the high-deductible plan.
- from this limitation until the member reaches their minimum deductible.
Summary:
The Employee Benefits Committee met to hear presentations on state employee health insurance, compensation, leave policies, labor market conditions, and prevailing wage issues, then later took up committee rules and bill-draft jurisdiction. PERS reviewed the history and structure of the state health plan, noting the state has paid the full family premium since 1979, described cost-control and benefit-enhancement changes over time, and explained current plan options, wellness incentives, employer wellness discounts, and the upcoming bid process for the 2027-29 contract. HRMS then presented compensation comparisons showing state classified pay generally trails private and regional markets, with larger gaps at higher-level jobs, and reviewed benefits and leave policies, including the new enhanced annual leave and new-hire leave, the state’s unpaid family leave structure, and varying tuition reimbursement practices. Job Service reported on labor force trends, low unemployment, high labor force participation, job openings, and wage growth, and OMB said there are no state prevailing-wage requirements beyond federal Davis-Bacon rules for federally funded projects.
The committee then considered a proposed amendment to Joint Rule 211 to better align the health insurance mandate review process with recent statutory changes. Members discussed how the rule should reference both the committee’s required actuarial reports and the Legislative Council cost-benefit analysis, and the amendment was adopted on a roll call vote. The committee also discussed how its jurisdiction decisions affect whether a bill draft receives actuarial analysis, with staff explaining that a decision not to take jurisdiction means the bill is not treated as impacting the relevant retirement or health plans for purposes of that analysis.
After that, the committee began reviewing bill drafts for jurisdiction. The first draft, bill draft 33, would automatically renew pre-tax elections for dental and vision coverage during open enrollment instead of requiring annual re-election. Members debated whether it had any actuarial impact, noting the state does not pay those premiums directly, and the discussion was still underway when the transcript ended.
VA
Virginia 2026 Regular Session
Virginia Housing Commission - Fees in Residential Rental Agreements Workgroup Jun 16th, 2026
Transcript Highlights:
- However, this puts language into code stating that deductions must be reasonable and match the cost of
- move-out fees are similar, if not the same, as these services that are being charged for when you deduct
- And then ensuring that the deduction, so some itemization, right, when you return the deposit less an
- Any deductions made to the security deposit and for what? Yes. Can I respond to Mr. Chair?
- They are required to provide an itemization, but there is nothing in code requiring them to only deduct
AL
Alabama 2026 Regular Session
Alabama House Ways and Means Education Committee Apr 1st, 2026
Ways and Means Education
Transcript Highlights:
- The state doesn't allow for any other expenses to be deducted from sales tax calculation, such as check
- So we deduct—we have to do the gas taxes anyway—from the gross to get that tax.
- So we deduct—we have to do the gas taxes anyway—from the gross to get that tax.
- So we deduct we have to do the taxes.
- So we deduct we have to do the gas gas gas anyway<00:17:16.520>
from <00:17:16.760>the <
WY
Wyoming 2026 Regular Session
Health Insurance Affordability Task Force, June 17, 2026 - AM
Health Insurance Affordability Task Force
Transcript Highlights:
- So, up to where the deductible is, you've paid every dollar up to your deductible.
- , dollar increase under your deductible, dollar increase under your deductible, you're<01:44:48.680
- every dollar up to your deductible. every dollar up to your deductible.
- Red can on why the MOOP is different than the deductible, but the deductible is a lot lower.
- , MOOP is different than the deductible, MOOP is different than the deductible, but<02:13:00.800>
TX
Texas 89th 2nd C.S.
Senate Committee on Health and Human Services May 27th, 2026
Health & Human Services
Transcript Highlights:
- And if you have the short-term plans, you get to choose your deductibles.
- And by the way, we're high deductible. I bet... Not actual costs.
- And by the way, we're high deductible. I bet none of my employees ever go outside their deductible.
- And a key example is the deductibles on a lot of ACA-type plans.
- In other words, there's a tax deduction.
NM
New Mexico 2026 Regular Session
House - Labor, Veterans and Military Affairs Jan 27th, 2026 at 04:23 pm
Transcript Highlights:
- This bill basically extends an income tax deduction...
- This bill basically extends an income tax deduction for first responders on their retirement income,
- Do you know of other states that are providing this kind of tax deduction to first responders?
- And oftentimes with successful credits or tax deductions, you just... ...come back.
- It's sort of even a pro forma exercise in getting that deduction to continue, right?
Summary:
The House Labor, Veterans, and Military Affairs Committee met with a quorum and heard two bills from Representative Martinez. House Bill 56 would appropriate $1 million to the Department of Veterans Services to expand behavioral health and suicide prevention efforts for veterans. Supporters, including the Greater Albuquerque Chamber of Commerce, the Department of Veterans Services, the Disability Coalition, New Mexico Professional Firefighters, the New Mexico Veterans and Military Families Caucus, and NAMI New Mexico, said the funding would help veterans navigate a difficult system, improve outreach in rural areas, and address New Mexico’s high veteran suicide rate and related alcohol and drug deaths. Committee members asked about whether the program was new or an expansion of an existing effort, how services would be delivered, and whether outreach would reach homeless and rural veterans. The secretary explained that the bill would augment an existing Suicide Prevention Act program, use contracts with outside providers rather than direct services, and require two term employees for contract management and outreach. The committee voted 7-1 to give HB 56 a due pass and send it to the next committee.
The committee then heard House Bill 55, which would create an income tax deduction for retirement income earned by first responders, similar to an existing benefit for military retirees. Supporters argued it would help recruit and retain firefighters, law enforcement, and other first responders, and could encourage retirees to move to New Mexico and contribute economically. Several members raised concerns about the fiscal impact, the lack of a sunset, the narrow definition of first responder, and Taxation and Revenue Department concerns that the bill could reduce general fund revenue by about $6.1 million in the first year and might not attract retirees on its own. The sponsor said he had not yet met with Tax and Rev but would do so, and noted he was open to a sunset if it helped the bill move forward. Despite concerns, the committee voted 7-1 to pass HB 55 to the next committee, with members explaining their votes and emphasizing that the bill would receive further vetting in Tax and Revenue.
OK
Oklahoma 2026 Regular Session
Joint Committee on Appropriations and Budget Apr 20th, 2026 at 04:30 pm
Joint Committee on Appropriations and Budget
Transcript Highlights:
- Extends the sunset date of the qualified equity investment deduction through the year 2031.
- This deduction allows accredited investors to deduct qualified equity investments in eligible Oklahoma
- I had trouble gathering how much of this was actually caused by this tax deduction.
- Right now, I think it's quite a bit less than those numbers that actually use the tax deduction.
- best estimate is really over the last five years is maybe $5 million of this was used in this tax deduction
Bills:
HB4028, HB4029, HB4059, HB4063, HB4073, HB4074, HB4075, HB4076, HB4077, HB4078, SB1130, SB1131, SB1132, SB1133, SB1134, SB1142, HB4028, HB4029, HB4059, HB4063, HB4073, HB4074, HB4075, HB4076, HB4077, HB4078, SB1130, SB1131, SB1132, SB1133, SB1134, SB1142
Keywords:
tax deduction, venture capital, economic development, Oklahoma, investment, ALS, funding, healthcare, State Department of Health, emergency declaration, public finance, state budget, financial regulations, monetary policy, referendum, constitutional amendments, special election, Oklahoma legislature, public voting, recovery fund