Video & Transcript Research : 'property fund'
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OK
Oklahoma 2026 Regular Session
Economic Development, Workforce and Tourism Feb 10th, 2026
Economic Development, Workforce and Tourism
Transcript Highlights:
- not—are they applying for the specific uses, or are they just applying to get the percentage of the funds
- It's not like they're going to be funding an event entirely from the Quality Incentives Program.
- Senate Bill 1378 creates the Olympics and Oklahoma revolving fund. With that, I move do pass.
- They will be expending funds on very specific things, such as bleachers.
- So as far as the fund goes, This is very, very important.
Keywords:
housing, infrastructure, water projects, Oklahoma Water Resources Board, economic development, zero-interest loans, clawback provision, local contractors, Olympics, funding, Oklahoma Department of Commerce, local businesses, revolving fund, event hosting, SB1525, tourism, recreation, conference, Oklahoma Tourism and Recreation Department, Oklahoma Tourism and Recreation Commission
Summary:
The Senate Economic Development, Workforce and Tourism Committee met for its first meeting of the session and reviewed several bills related to infrastructure planning, tourism, housing, workforce data, and event incentives. The chair also announced committee procedures, including a request that amendments be submitted 24 hours in advance and a decision to lay over Senate Bill 264. Senator Mann presented SB 260, creating the Oklahoma Infrastructure Long Range Planning Commission within the Department of Commerce to coordinate long-term infrastructure planning across state, local, tribal, and utility stakeholders; it passed 8-1. Senator Frix presented SB 1525, allowing the Department of Tourism and Recreation to contract with private entities for an annual statewide tourism and recreation conference up to $75,000; it passed 9-0. Senator Kirt presented SB 1332, aimed at helping cities address housing growth and infrastructure needs through a one-time pot of low- or no-interest loans for water, sewer, and storm sewer projects; it passed 8-1.
Senator Coleman presented SB 1998, which would expand the Quality Events Act so smaller communities can define qualifying events and use program funds for items such as equipment; members discussed whether the bill would support existing or new events, and it passed 9-0. Chairwoman Thompson presented SB 1771, authorizing the Oklahoma Workforce Commission to collect workforce development funding and expenditure metrics from agencies and to hire outside counsel when needed because of data-collection workload; it passed 9-0. She also presented SB 1378, creating the Olympics and Oklahoma revolving fund, with discussion that funding requests would later go through the budget process; it passed 9-0.
Thompson then presented SB 1919, increasing the cumulative inducement limit in the Oklahoma Tourism Development Act from $30 million to $60 million. She said the current cap is being reached and that the program supports projects that generate sales tax revenue and visible community development, while members asked for more detail on prior uses and program outcomes; it passed 9-0. Finally, SB 2018 was laid over because amendments were not ready in time. The committee adjourned after noting the meeting moved quickly.
OK
Oklahoma 2026 Regular Session
Economic Development, Workforce and Tourism Apr 7th, 2026
Economic Development, Workforce and Tourism
Transcript Highlights:
- Members, House Bill 3622 creates the census revolving fund.
- My understanding is that there is an allotment of dollars that's set aside to fund policy that is still
Bills:
HB3622
Keywords:
HB3622, 2030 Census, Decennial Census, U.S. Decennial Census Revolving Fund, Oklahoma Department of Commerce, Commerce Department, census preparation, federal census, state treasury fund, revolving fund, continuing fund, deemed appropriated, technology upgrades, census outreach, redistricting, population count, Title 74, OMES, State Treasurer, budgeting
Summary:
The Economic Development, Workforce and Tourism committee met and laid over items 4 and 5 before taking up three census-related bills. House Bill 3620 was presented as creating the 2030 Census Committee and was advanced after brief questions and a unanimous 5-0 roll call vote. House Bill 3621 was then considered; the author requested and received unanimous consent to strike the enacting clause, then explained that the bill would create an Oklahoma State Data Center within LSP to centralize census data. A question from Minority Leader Kurt clarified that the state demographer would remain with Commerce, while the new center would aggregate data for transparency. The bill passed 6-0.
House Bill 3622 was next, creating a census revolving fund with an initial appropriation of about $500,000. In response to a question, the author said the funding was expected to be included in the current budget/allotment for policy items still moving through. After no further debate, the committee approved the bill 7-0. The meeting then adjourned.
TX
Transcript Highlights:
- Johnson's property, been there for 40 years, they buy it, turn it into a rental property.
- This work requires significant resources and funding.
- So essentially the property value study serves as a verification of local property appraisals, and if
- is a great fund.
- Do you know why they want to be part of the fund?
Bills:
HB249
LA
Transcript Highlights:
- Modifying the way properties are valued puts government and homeowners Modifying the way properties are
- a property... an opportunity to freeze that value for that particular property.
- a property.
- Property taxes are reliable, and they are one of the mechanisms we use to fund local government.
- Property values generally increase slowly over time. Property values are predictable, right?
Keywords:
HB 287, Louisiana Tax Commission, ad valorem, property tax, property assessment, assessment fees, fee extension, sunset extension, public service property, utility property, insurance company property, financial institution property, tax administration, R.S. 47:1838, Act 296, reappraisal, ad valorem tax, valuation, Louisiana tax law, homestead exemption
AL
Alabama 2026 Regular Session
Alabama House Transportation, Utilities and Infrastructure Committee Mar 17th, 2026
Transportation, Utilities and Infrastructure
Transcript Highlights:
- I get property rights, and I respect property rights.
- Not only not damage the individual's property, but damage the other's property.
- but damage the other's property but damage the other's property.<00:16:20.639><c> I</c><00:16:20.800
- I get what this business is property.
- Well, the do with their property.
Keywords:
HB542, district attorney, prosecutor, supernumerary district attorney, Employees' Retirement System, ERS, Alabama retirement, public employee retirement, pension, retirement benefits, post-retirement employment, salary cap, dual participation, double dipping, District Attorneys' Plan, assistant district attorney, deputy district attorney, state pension, survivor benefits, Office of Prosecution Services
OK
Oklahoma 2026 Regular Session
Economic Development, Workforce and Tourism Apr 7th, 2026 at 01:30 pm
Economic Development, Workforce and Tourism
Transcript Highlights:
- House Bill 3622 creates the census revolving fund.
- My understanding is that there is an allotment of dollars that's set aside to fund policy that is Seeing
- My understanding is that there is an allotment of dollars that's set aside to fund policy that is Fricks
Bills:
HB3622
Keywords:
HB3622, 2030 Census, Decennial Census, U.S. Decennial Census Revolving Fund, Oklahoma Department of Commerce, Commerce Department, census preparation, federal census, state treasury fund, revolving fund, continuing fund, deemed appropriated, technology upgrades, census outreach, redistricting, population count, Title 74, OMES, State Treasurer, budgeting
TX
Transcript Highlights:
- American Property Casualty Insurance Association, we show you.
- Again, my name is Scott Kibbe with the American Property Casualty Insurance Association testifying today
- And so the properties were battle-tested.
- Risk in the property and casualty space as a way to provide insurance.
- You're saving 20% on your property insurance, what would you say? They wouldn't say anything.
Bills:
HB778, HB 1266, HB1576, HB2213, HB2517, HB2518, HB2841, HB3306, HB3320, HB3388, HB3508, HB3520, HB3689
Keywords:
credentialing, healthcare, physician assistants, advanced practice nurses, managed care, hurricane, windstorm, loss mitigation, grants, insurance discounts, property retrofitting, insurance, Texas Windstorm Insurance Association, board composition, coastal counties, property insurance, taxation, Texas FAIR Plan Association, premium taxes, maintenance taxes
TX
Transcript Highlights:
- These funds are then repaid.
- You have a funding limit; it authorizes up to $500,000 in pre-event funding and up to $1 billion in post-event
- That funding program can fund up to a billion dollars through the sale of public securities in three
- Well, yeah, you start with the reserve fund.
- We've got a $30 billion rainy day fund, and I trust my friend David Durden to use those funds wisely.
Bills:
HB778, HB 1266, HB1576, HB2213, HB2517, HB2518, HB2841, HB3306, HB3320, HB3388, HB3508, HB3520, HB3689
Keywords:
credentialing, healthcare, physician assistants, advanced practice nurses, managed care, hurricane, windstorm, loss mitigation, grants, insurance discounts, property retrofitting, insurance, Texas Windstorm Insurance Association, board composition, coastal counties, property insurance, taxation, Texas FAIR Plan Association, premium taxes, maintenance taxes
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Apr 6th, 2026 at 01:30 pm
Oklahoma Senate Floor Meeting
Transcript Highlights:
- So, the wheat program that we're talking about funding may be through this session.
Bills:
HB4440, HJR1067, HJR1087, HB4426, HB3704, HB4311, HB3044, HB4191, HB3465, HB3972, HB3759, HB3625, HB1411, HB2980, HB3015, HB3147, HB3277, HB3323, HB3443, HB3882, HB3406, HB2975, HB3977, HB3263, HB2988, HB3404, HB1770
Keywords:
Medicaid, low-income adults, healthcare, eligibility restrictions, constitutional amendment, Medicaid expansion, SoonerCare, health coverage, federal matching funds, FMAP, Article XXV-A, state question, special election, Title 63, public assistance, healthcare funding, federal-state match, Medicaid eligibility, Oklahoma Constitution, ad valorem
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Apr 6th, 2026
Oklahoma Senate Floor Meeting
Transcript Highlights:
- So the wheat program that we're talking about funding maybe through this session, he will be very involved
Bills:
HB4440, HJR1067, HJR1087, HB4426, HB3704, HB4311, HB3044, HB4191, HB3465, HB3972, HB3759, HB3625, HB1411, HB2980, HB3015, HB3147, HB3277, HB3323, HB3443, HB3882, HB3406, HB2975, HB3977, HB3263, HB2988, HB3404, HB1770
Keywords:
Medicaid, low-income adults, healthcare, eligibility restrictions, constitutional amendment, Medicaid expansion, SoonerCare, health coverage, federal matching funds, FMAP, Article XXV-A, state question, special election, Title 63, public assistance, healthcare funding, federal-state match, Medicaid eligibility, Oklahoma Constitution, ad valorem
Summary:
The Senate convened, established a quorum, and opened with prayer and the Pledge of Allegiance. The chamber then recognized several guests and honorees, including the doctor of the day, Dr. Mukesh Perek; nurse of the day, Cynthia Cochran; psychologist of the day, Dr. Colby Kipp; and a guest introduced by Senator Brooks, Marianella “Nellie” Castaneda, who was honored for her quick action in responding to a distress call that helped prompt a law enforcement response in a domestic violence situation. Senator Brooks and Castaneda both spoke about the incident and the importance of staff responsiveness and public service.
The Senate also honored Jalen Lundry of Hayworth, named a national champion in the FFA Agriscience Fair for research on red wiggler worms and soil health. Lundry spoke briefly about her project and thanked Senator George Burns. The Pro Tem recognized April 6, 2026, as National Rifle Association and Oklahoma Rifle Association Day, with representatives from both organizations present in the gallery. The chamber also introduced the week’s pages, who each identified their schools, senators they were paging for, and future plans.
No legislation was debated or voted on during the session. Instead, members made committee and floor announcements, including upcoming meetings of Revenue and Taxation, Appropriations, Public Safety, and the Senate Rural Caucus. The Senate then adopted a motion to adjourn and stood adjourned until Tuesday, April 7, 2026, at 1:30 p.m.
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Feb 9th, 2026 at 01:30 pm
Oklahoma Senate Floor Meeting
Bills:
SB1423, SB1426, SB1502, SB1377, SB1983, SB1466, SB1645, SB1647, SB1847, SB1565, SB1562, SB1329, SB1383, SB1833, SB1555, SB1344, SB1839, SB1280, SB1832, SB2001, SB1405, SB2143, SB1989, SB1393, SB1392, SB1395, SB1400, SB1220, SB1516, SB1239, SB1531, SB1349, SB1221, SB1538, SB1309, SB1434, SB2108, SB2121, SB2171, SB2061, SB2112, SB2138
Keywords:
Oklahoma Hospital Advisory Council, hospital licensure, public health, State Department of Health, State Board of Health, hospital regulations, healthcare regulation, hospital standards, hospital construction, hospital operations, stroke care, stroke system, emergency medical services, EMS transport, psychiatric treatment, chemical dependency treatment, substance use disorder, drug storage, pharmacy, quality indicators
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Feb 9th, 2026
Oklahoma Senate Floor Meeting
Bills:
SB1423, SB1426, SB1502, SB1377, SB1983, SB1466, SB1645, SB1647, SB1847, SB1565, SB1562, SB1329, SB1383, SB1833, SB1555, SB1344, SB1839, SB1280, SB1832, SB2001, SB1405, SB2143, SB1989, SB1393, SB1392, SB1395, SB1400, SB1220, SB1516, SB1239, SB1531, SB1349, SB1221, SB1538, SB1309, SB1434, SB2108, SB2121, SB2171, SB2061, SB2112, SB2138
Keywords:
Oklahoma Hospital Advisory Council, hospital licensure, public health, State Department of Health, State Board of Health, hospital regulations, healthcare regulation, hospital standards, hospital construction, hospital operations, stroke care, stroke system, emergency medical services, EMS transport, psychiatric treatment, chemical dependency treatment, substance use disorder, drug storage, pharmacy, quality indicators
Summary:
The Senate convened, the roll was called, and a quorum was declared. The chamber opened with prayer and the Pledge of Allegiance, then proceeded to a series of floor introductions recognizing the Doctor of the Day, Dr. Sameed Faruqi, and psychologist of the day, Dr. Jeffrey Martindale, along with several interns and guests on the floor and in the gallery.
A major ceremonial item was the introduction of the Oakdale/Oktaha Lady Tigers fast-pitch softball team, which was recognized for winning the 2025 OSSAA Class 2A state championship. Senator Fricks presented a citation honoring the team’s resilience, sportsmanship, and community pride, and the coach briefly thanked the Senate and described the long-term connection between the players and the school program.
The Senate also recognized the Oklahoma Alzheimer’s Association in the gallery. No legislation was debated or voted on in the transcript; the only formal action was a motion adopted to adjourn when the clerk’s desk was clear. Committee announcements noted that HHS would meet at 1:00 and Revenue and Taxation would meet later in the afternoon, and the Senate adjourned until Tuesday, February 10th at 1:30 p.m.
OK
Oklahoma 2026 Regular Session
Appropriations and Budget Transportation Subcommittee Apr 6th, 2026 at 10:45 am
A&B Transportation Subcommittee
Transcript Highlights:
- This is just currently funding, so we're not decreasing their funding, we're not increasing the funding
- , we're leaving the funding exactly the same as it has been.
Bills:
SB1390
Keywords:
gross production tax, oil and gas, natural gas, casinghead gas, oil revenue, tax apportionment, revenue sharing, county highway fund, school funding, average daily attendance, general revenue fund, revenue stabilization fund, county bridge and road improvement, state transportation fund, preserving and advancing county transportation fund, education funding, higher education, student aid, tourism funding, conservation funding
OK
Oklahoma 2026 Regular Session
Government Oversight REVISED: SB1771, SB1805 and SB1916 - Added Apr 14th, 2026 at 10:30 am
Government Oversight
Transcript Highlights:
- This bill expands that authority to collect three things: funds allocated for the purpose of workforce
- It authorizes sheriffs to be able to use surplus funds from sheriff's commissary accounts.
- At that point, it becomes abandoned property.
- Senate Bill 2154 requires cities to notify not only property owners, but also lien holders, if there
- are any outstanding balances for maintaining the property.
Bills:
SB1265, SB2154, SB1286, SB1365, SB1491, SB1525, SB1581, SB1775, SB1810, SB1884, SB2118, SB2174, SB1771, SB1805, SB1916
Keywords:
municipal ordinances, local government, ordinance publication, posting requirement, public notice, municipal law, city ordinances, town ordinances, county government, newspaper publication, effective date, Oklahoma statutes, 11 O.S. 14-106, ordinance notice, government oversight, municipalities, city government, town government, property maintenance, nuisance abatement
OK
Oklahoma 2026 Regular Session
Government Oversight REVISED: SB1771, SB1805 and SB1916 - Added Apr 14th, 2026
Government Oversight
Transcript Highlights:
- This bill expands that authority to collect three things: funds allocated for the purpose of workforce
- It authorizes the sheriffs to be able to use surplus funds from sheriff's commissary accounts.
- And at that point, it becomes abandoned property.
- Senate Bill 2154 requires cities to notify not only property owners, but also lien holders, if there
- are any outstanding balances for maintaining the property.
Bills:
SB1265, SB2154, SB1286, SB1365, SB1491, SB1525, SB1581, SB1775, SB1810, SB1884, SB2118, SB2174, SB1771, SB1805, SB1916
Keywords:
municipal ordinances, local government, ordinance publication, posting requirement, public notice, municipal law, city ordinances, town ordinances, county government, newspaper publication, effective date, Oklahoma statutes, 11 O.S. 14-106, ordinance notice, government oversight, municipalities, city government, town government, property maintenance, nuisance abatement
Summary:
The committee first laid over Senate Bill 1268, then heard a series of bills, many of them request bills from state agencies. Senate Bill 1771, from the Workforce Commission, would expand the agency’s authority to collect data on workforce development funds, expenditures, and performance data; an amendment removed language allowing contract attorneys, and the bill passed 8-6. Senate Bill 1805, from the Office of Juvenile Affairs, would prohibit juvenile detention facilities, group homes, and post-adjudication treatment facilities from using temporary staffing services; members discussed open records concerns, and it passed 13-1. Senate Bill 1916 would move the Office of Receivership under the Oklahoma Insurance Department, and it passed 9-5. Senate Bill 1525, a Tourism and Recreation Department request bill, would allow contracts up to $75,000 for the statewide tourism conference and permit fees to help cover costs; it passed 9-5. Senate Bill 1491 would require a replacement presidential elector to take the same oath as other electors, and it passed 10-4. Senate Bill 1810 would allow expert testimony to help juries understand human trafficking and update victim-service statutes, passing 13-0. Senate Bill 2118 would let sheriffs use abandoned surplus funds from commissary accounts for sheriff expenses, and it passed 13-0. Senate Bill 1884 would give statewide teacher associations equal access to teachers and clarify opt-out language for payroll deductions or bank drafts; members debated whether it limited local control and vendor access, and it passed narrowly 8-7. Later, Senate Bill 1265, extending the deadline for municipalities to publish ordinances from 15 to 30 days, passed 8-0, and Senate Bill 2154, requiring cities to notify lienholders as well as property owners about outstanding maintenance balances, passed 13-0. Senate Bill 2174, as amended, recreated the Fire Marshal Commission and changed some membership slots to include representatives of firefighters, the restaurant industry, and business owners; it passed 15-0. Finally, Senate Bill 1775, described as a local-control measure related to speed traps and costs in rural areas, passed 16-0. The chair announced more bills remained and that the committee expected to meet again the next day, with the possibility of continuing into Thursday if needed.
AZ
Arizona 2026 Regular Session
03/03/2026 - Senate Appropriations, Transportation and Technology
Appropriations, Transportation and Technology
Transcript Highlights:
- course, you and I both know that the governor will veto any effort to try and take authority over these funds
- But, for example, under the federal funds, and I won't be long, sir, I promise, who's to say that we
- You think about Section 8 funding; they have their own formulas and they need to work it out for human
- 2999 House Bill 2993 appropriates $6.4 million from the Consumer Protection/Consumer Fraud Revolving Fund
- A part of that bill talks about additional emergency funding for the Department of Public Safety: $6.4
Keywords:
federal funding, state budget, appropriation, block grants, noncustodial funds, legislative authority, Arizona attorney general, Department of Public Safety, DPS, consumer fraud revolving fund, consumer protection fund, gang and immigration intelligence team enforcement mission fund, public safety appropriation, supplemental appropriation, outside counsel, state agency legal representation, legal services, state settlement proceeds, general fund, A.R.S. 41-192
OK
Oklahoma 2026 Regular Session
Local and County Government Feb 24th, 2026 at 02:00 pm
Local and County Government
Transcript Highlights:
- municipalities are dealing with the rise of microplastics and other persistent contaminants without the funding
- Yeah, I don't want cities to fund themselves off of selling plastic bags.
- So, in reading the bill, I know that government entities never take advantage of a situation to fund
- This follow-up language simply requires that lien holders will also be notified if a lien on a property
- opportunity during that business week to talk to someone with relation to the issue that may be with their property
Keywords:
zoning, municipal compensation, property rights, financial impact, reversion ordinance, solid waste management, municipal authority, regulatory fees, waste reduction, environmental impact, restrictive covenants, discriminatory covenants, racially restrictive covenants, housing discrimination, Fair Housing Act, plats, subdivision plats, residential additions, county clerk, municipal ordinance
OK
Oklahoma 2026 Regular Session
Local and County Government Feb 24th, 2026
Local and County Government
Transcript Highlights:
- municipalities are dealing with the rise of microplastics and other persistent contaminants without the funding
- Municipalities are dealing with the rise of microplastics and other persistent contaminants without the funding
- Yeah, I don't want cities to fund themselves off of selling plastic bags.
- So in reading the bill, I know that government entities never take advantage of a situation to fund themselves
- This follow-up language simply requires that lien holders will also be notified if a lien on a property
Keywords:
zoning, municipal compensation, property rights, financial impact, reversion ordinance, solid waste management, municipal authority, regulatory fees, waste reduction, environmental impact, restrictive covenants, discriminatory covenants, racially restrictive covenants, housing discrimination, Fair Housing Act, plats, subdivision plats, residential additions, county clerk, municipal ordinance
Summary:
The Senate Local and County Government Committee heard and advanced several bills dealing with municipal authority, land use, waste management, and transparency. Senate Bill 2106, by Senator Brooks, would require municipalities that use a reversion ordinance to change zoning back to a prior designation to compensate landowners for any loss in property value; it passed 8-0. Senate Bill 1471, by Senator Boren, as amended, would allow cities and towns to impose narrowly tailored fees related to solid waste and packaging impacts, with revenue limited to waste collection, recycling, cleanup, education, and related contamination-reduction efforts; members discussed microplastics, bag fees, and concerns about scope and oversight, and the bill passed 6-2. Senator Nysha and the chair spoke in support of the measure as a conservation and landfill-reduction tool.
Senate Bill 2139, by Senator Hicks, was presented as a cleanup bill directing county clerks to remove discriminatory language from recorded plats, including digital records, after an ordinance amending a plat is adopted and recorded. The committee adopted a committee substitute, struck title, and advanced the bill 8-0. Senate Bill 2154, by Senator Reinhardt, would require lien holders to be notified before foreclosure proceedings begin when a municipal lien is filed; Senator Nice asked whether the notice period could be defined as 10 business days, and the author agreed to discuss that with stakeholders. That bill also passed 8-0.
Finally, Senate Bill 1619, by Senator Hamilton, was broadened from an original focus on data centers to a general transparency measure for municipal and county governments. It would prohibit officials from using nondisclosure agreements to conceal how public tax dollars are spent, while still protecting proprietary business information. Members discussed constituent concerns about secretive economic development deals, and the bill passed 8-0. The committee then concluded its business and adjourned.
FL
Transcript Highlights:
- And in many cases, it is the current property tax on that property.
- property.
- And in many cases, it is a, the current property tax on that property.
- Senator DiCeglie, what happens to the fund, if this legislative... and response fund.
- Again, this fund is an infant fund. This fund is an infant fund.
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 met with a quorum present and took up three property-tax related bills before turning to a broader discussion of the Emergency Preparedness and Response Fund. SB 434, which would prohibit counties from increasing a residential property’s assessed value because the owner installed wind mitigation measures, was presented by Senator Lee and reported favorably. CS for SB 110, which clarifies that holders of 98-year-or-longer residential leases remain eligible for the homestead exemption even if the lease ends at death, was also reported favorably. SB 856, requiring online residential listing platforms to display estimated property taxes using prescribed calculation methods and not the current owner’s tax bill, drew support from property appraisers, Zillow representatives, and others and was reported favorably after questions about transparency and realtor obligations.
The committee then considered SPB 7040, which would recreate and extend the Emergency Preparedness and Response Fund through December 31, 2027. Senator DiCeglie and Division of Emergency Management Director Kevin Guthrie argued the fund is needed for hurricane response, other natural and man-made emergencies, and reimbursement-based spending; they said the extension preserves legislative oversight that would otherwise lapse. Several senators questioned the use of the fund for immigration-related operations, detention facilities, and other non-disaster activities, as well as the lack of additional guardrails, reimbursement timing, and transparency. Guthrie said the division has used the fund for hurricanes, flooding, civil unrest, security operations, and other incidents, and that some reimbursements are still pending from the federal government.
Public testimony on SPB 7040 was largely opposed. Speakers from the Florida Center for Fiscal and Economic Policy, the Southern Poverty Law Center, Florida for All, and others argued the fund has been repurposed for immigration enforcement and detention-related spending rather than true emergencies, and raised concerns about deaths in detention and the absence of competitive bidding and oversight. Guthrie answered extensive questions about the South Florida and North Florida detention facilities, Operation Vigilant Sentry, State Guard support, reimbursement requests, equipment purchases, and legislative access to facilities. The committee did not take a final vote on SPB 7040 within the portion of the transcript provided.
FL
Transcript Highlights:
- property visible on their platform.
- I'm Mike Twitty, Pinellas County Property Appraiser, and I'm also the legislative chair for the Property
- And so there's more available funds for the legislature. Mr.
- You'll see, so four of the five Year as available funds.
- It's another depreciation deduction for real property.
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.