Video & Transcript Research : 'tax refund'

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WA

Washington 2025-2026 Regular Session

House Finance Jan 29th, 2026 at 01:30 pm

Finance

Transcript Highlights:
  • tax rate would exceed 0.01%.
  • Property tax, personal property tax on farm equipment, for example, would have this same kind of shift
  • estate excise taxes.
  • estate excise tax. ...thing that we can do, whether it be on property tax or real estate excise tax
  • So more taxes. Thank you. ...in this bill. So more taxes.
Summary: House Finance heard briefings on several tax and housing-related bills, including HB 1717 on a local sales and use tax remittance program for affordable housing, HB 1859 on expanding affordable housing opportunities on religious organization property, HB 1960 on a renewable energy excise tax, HB 2133 on making a senior center property tax exemption permanent, HB 2135 on extending a disabled veterans housing tax preference, HB 2140 on tax treatment for land transferred to government entities, HB 2442 on a broad package of local tax and levy authorities, and HB 2559 on a local option excise tax on short-term rentals for affordable housing. Staff also described proposed substitutes and amendments for each measure, including changes to administration, eligibility, effective dates, tax credits, voter-approval requirements, and JLARC review provisions. During executive action, the committee adopted amendments to HB 1960 clarifying tax administration and JLARC independence, while rejecting an Orcutt amendment that would have adjusted property tax levies for renewable energy projects. The committee also adopted a technical correction to HB 2133 and an effective-date amendment to HB 2135. Amendments to HB 2442 and HB 2559 that would have required voter approval or provided state tax credits were rejected. Members debated the policy impacts of local taxing authority, housing affordability, and tax burdens on property owners, veterans, seniors, and short-term rental operators. The committee voted to report HB 1717, HB 1859, HB 1960, HB 2133, HB 2135, HB 2140, HB 2442, and HB 2559 out of committee with do pass recommendations. HB 1960 passed on a recorded vote of 11 ayes and 4 nays; HB 2442 and HB 2559 each passed 9-6; the other measures were approved by voice vote, generally 15-0. The meeting then adjourned.
AZ

Arizona 2026 Regular Session

01/29/2026 - House Rural Economic Development

Rural Economic Development

Transcript Highlights:
  • paid the tax, not the consumers who the tax got passed down to.
  • Pinal County held it in escrow and issued the refund.
  • So we paid into this tax.
  • After the returns, all of the refunds have been submitted.
  • So all of the refunds have been submitted. All of the refunds have been submitted.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/6/25

Taxes

Transcript Highlights:
  • year 2031 until tax year 2036.
  • </c> on the um existing credit from uh tax on the um existing credit from uh tax year<00:21:26.520><c
  • </c><00:42:05.160><c> have</c> as a federal uh tax credit do have as a federal uh tax credit do have
  • He said the tax credit is not a forecasted tax credit; it is a tax credit allocated based on a capped
  • ><c> a</c><01:24:43.920><c> tax</c> forecasted ta tax credit it is a tax forecasted ta tax credit it
TX

Texas 89th Regular

Ways & Means Apr 28th, 2025

Ways & Means

Transcript Highlights:
  • . ...from the tax revenues.
  • House Bill 1508 repeals the Texas franchise tax. tax once and for all.
  • state tax collections.
  • eliminating the tax.
  • And out of Texas residents who pay the franchise tax, 65% of that is... ...taxes paid by the top two
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Revenue Jan 27th, 2026

Joint Committee on Revenue

Transcript Highlights:
  • and our growing commercial tax base.
  • commercial tax base.
  • “Educating, because this tax, we mean that we're taxing people where they go, not what they buy.
  • It's not a tax on entering; it's a tax on services. So yes, it would apply.
  • As tax-exempt entities, districts won't pay the sales tax, excise tax, or even fuel tax that we private
Summary: The Joint Committee on Revenue held a hybrid hearing on 17 miscellaneous and late-file bills, with testimony focused on several local tax measures and one statewide tax policy bill. The first major item was H. 4687 for Watertown, which would permanently continue a special property tax classification arrangement allowing the city to maintain a 50% residential minimum factor and a 175% commercial shift. Watertown officials and local legislators said the temporary 2024 law prevented an estimated 18% residential tax increase that would otherwise hit homeowners, especially seniors, and argued the change would preserve the city’s current tax structure without harming commercial growth. Committee members asked about the regional business impact, whether major taxpayers might leave, and the city’s financial reserves; Watertown officials said businesses had not threatened to depart and that the city’s stabilization and free cash balances were being used for debt reduction, infrastructure, and maintaining its bond rating. The committee also heard H. 4435, a Charlemont bill authorizing a tax on commercial recreation services. Town officials said the small rural town has a high property tax burden, limited local capacity, and heavy public safety costs from tourism and recreation activity, and they described the proposal as a locally supported way to have visitors help pay for police, fire, EMS, and infrastructure costs. Members raised legal and policy questions about whether the tax fit within existing tax authority and how it differed from meals and rooms taxes, but the town said the tax would apply to recreation services and had support from local businesses. Finally, the committee heard H. 4722 on fair tax treatment for zero-emission vehicles, especially electric school buses and Class 3-8 trucks. Supporters, including industry representatives and Rep. Gentile, said EV buses and trucks face higher sales and excise taxes because of their higher upfront cost, which discourages adoption even though the vehicles reduce emissions and can lower operating costs over time. They argued the bill would cap tax calculations at the diesel-equivalent value, making the policy revenue-neutral while removing a penalty on electrification. Rep. Gentile also testified for H. 4755, which would amend Sudbury’s means-tested senior property tax exemption so the town would not need new special legislation if the program is renewed again after its current extension expires. No votes were taken, and the hearing concluded after testimony and questions.
WA

Washington 2025-2026 Regular Session

House Finance Mar 2nd, 2026 at 08:00 am

Finance

Transcript Highlights:
  • It consolidates the state property tax levy, as well as expands the property tax exemption program for
  • The way that the timber tax revenue is distributed across the property tax formula, if a school district
  • Across the property tax formula.
  • But unfortunately, as much as I want to provide tax relief, because of this tax increase in here, I'm
  • progressive tax policy to make our tax code less regressive.
Bills: SB5994, SB6244
HI

Hawaii 2026 Regular Session

CPN DEFER Public Hearing 02-17-2026

Commerce and Consumer Protection

Bills: SB2738
Summary: The meeting reconvened on Senate Bill 2760 during the Tuesday, February 17, 2026 decision-making agenda in Conference Room 229 at the Hawaii State Capitol. The only action discussed was a recommendation to defer action on the measure for one additional day. Members were informed that the committee would reconvene in Room 229 on Wednesday, February 18, 2026, at 10:07 a.m. to consider action on the bill. No vote was taken on the measure at this session. The meeting was then adjourned.
TX

Texas 89th 2nd C.S.

Local Government (Part II) Mar 24th, 2025

Local Government

Transcript Highlights:
  • Most of that stuff is taxed when you buy it.
  • All those products are going to get taxed when you sell them. It's just another layer of tax.
  • tax, including tax on inventory, stands out as a negative factor when businesses consider expanding
  • Current law allows a taxing unit to levy an unrestricted interest and sinking property tax rate to generate
  • It does permit a taxing entity to adopt an interest and sinking taxing rate higher than the minimum rate
Summary: The Senate Local Government Committee heard several bills by Senator Bettencourt focused on property tax and local government accountability. SB 32 would provide about $700 million in business tax relief by raising the business personal property exemption from $2,500 to $25,000 and continuing a 20% franchise tax credit for inventory taxes paid. Witnesses from NFIB, the Texas Retailers Association, and Texas Realtors supported the bill, saying business personal property and inventory taxes are burdensome and especially hard on small businesses. After no opposition testimony, SB 32 was left pending. The committee also heard SB 1453, which would change how interest and sinking tax rates are calculated by using only the minimum debt service required under bond schedules, while still allowing a higher rate with a 60% governing body vote and a public explanation. A witness from the Texas Taxpayers and Research Association supported the bill as a way to keep debt rates from rising as property values increase and to preserve tax relief. The bill was left pending after testimony. SB 1883 would tighten rules on local impact fees by requiring 60 days of public availability for capital improvement plans and land use assumptions, raising the approval threshold for adopting impact fees from a simple majority to two-thirds, limiting how often fees can be increased, and expanding notice requirements. Builders and developers testified in support, arguing that impact fees are often poorly reviewed, lack accountability, and are passed on to homebuyers, worsening housing affordability. Committee members discussed adding audit provisions and questioned the lack of city testimony. The bill was left pending with subcommittee action. SB 1452 would require a voter election to decide whether a municipal management district continues to exist, with dissolution if voters reject it; supporters said it would add accountability, while others noted some districts provide essential services and infrastructure. The committee heard testimony from district representatives and builders, then left SB 1452 pending before recessing.
TX

Texas 89th Regular

Local Government (Part I) Mar 24th, 2025

Local Government

Transcript Highlights:
  • In fact, you know, we've had a supermajority on property tax increases of 60% since for 10 years now,
  • It's a local bill that extends the reauthorization period for the street maintenance tax for the city
  • The street maintenance tax, or SMR is, a special sales tax in the tax code used by some cities to repair
  • by the voters unless voters reauthorize the continued collection of the tax in an election.
  • The city can also avoid shifting the financial burden to property taxes or other funding mechanisms.
TX
Transcript Highlights:
  • , and sales tax.
  • SB2206 transitions Texas to a franchise tax structure but also adds a refundable option for small businesses
  • rehab tax.
  • use tax.
  • I am a tax expert.
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/20/25

Commerce Finance and Policy

Transcript Highlights:
  • Due to the volume of viruses, I was informed that my membership with this company would be refunded.
  • On a separate screen, the employee directed me to enter in $200 for my refund.
  • They asked me to sign will be refunded.
  • </c><00:16:00.320><c> However,</c><00:16:00.720><c> to</c><00:16:00.880><c> my</c> $200 for my refund
  • However, to my $200 for my refund.
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Feb 23rd, 2026

Oklahoma Senate Floor Meeting

Summary: The Senate convened, established a quorum, and opened with prayer, the Pledge of Allegiance, and several recognitions, including introductions of the psychologist and nurse of the day, a citation for Diesel Fritz’s All-State Choir achievement, and a gallery introduction highlighting fine arts advocates from Norman Public Schools. Members also marked birthdays and read excerpts from George Washington’s first inaugural address in honor of the first president. On floor business, the Senate laid over item number three and then considered several bills. Senate Bill 1191 repealed the unused Oklahoma Energy Initiative Low Carbon Initiative Board and passed 48-0. Senate Bill 1258 clarified open-carry law to expressly allow firearms on boats and vessels on Oklahoma waters and passed 41-7. Senate Bill 1920 raised the salvaged title threshold from 60% to 70% to reflect repair costs and align more closely with neighboring states; it passed 48-0 after brief questioning about consumer benefits. Senate Bill 1936 added falsely impersonating a law enforcement officer, including federal officers, to the list of Class D1 felonies and passed 48-0. Senate Bill 2143, after an amendment restoring the title, authorized assessors to use state-funded aerial images to inspect property changes and included language intended to ensure fair treatment of builders and consistency with assessing standards; it passed 34-13. The chamber then heard announcements about upcoming committee meetings and adjourned until Tuesday, February 24, 2026, at 1:30 p.m.
WA

Washington 2025-2026 Regular Session

House Finance Jan 30th, 2026 at 01:30 pm

Finance

Transcript Highlights:
  • The tax is in addition to any other B&O tax.
  • Cities are authorized to adopt their own provisions for tax exemptions, tax credits, and tax deductions
  • from the current milliliter tax to a tax of 95% of from the current milliliter tax to a tax of 95% of
  • This premium tax is imposed in lieu of other taxes.
  • B&O, tax.
Summary: House Finance held hearings on several tax-related bills. HB 2038 would impose a 0.4% additional B&O tax on businesses operating social media platforms starting in 2027 and direct the revenue to a new youth behavioral health account. The sponsor and supportive youth witnesses said social media contributes to youth anxiety and problematic internet use and that the bill would fund prevention and behavioral health services. Opponents from business and tech groups argued the tax unfairly targets one sector, could violate federal internet tax law, and should be funded through the general fund instead. HB 2297 would create local tax incentives to help grocery stores in underserved communities, including preferential city B&O rates, a sales tax exemption for security services, a property tax exemption program, a B&O credit, and a B&O exemption for certain locally owned or employee-owned stores. Supporters, including food access advocates, local officials, grocers, and residents of food-desert neighborhoods, said the bill would help preserve and attract grocery stores in communities that have lost access to healthy food. Counties supported the concept but raised concern about the bill’s sales tax exemption, saying local revenue losses should be minimized. HB 2382 would raise cigarette taxes by $2 per pack, restructure vapor and other tobacco taxes, and dedicate portions of the revenue to emergency medical services, tobacco enforcement, and public health accounts. Supporters said higher tobacco taxes reduce smoking, generate revenue, and help fund cancer research and public health programs. Retailers and industry groups opposed the bill, warning it would hurt small stores, push sales to illicit or out-of-state markets, and burden lower-income consumers. HB 2487 would narrow the B&O tax exemption for insurers after a 2024 Supreme Court decision, with retroactive application to 2019; DOR and patient advocates supported it as a clarification to prevent an overly broad exemption, while insurers and business groups opposed the retroactivity and warned of higher premiums and ambiguity affecting related insurance activities. HB 2018 would raise the solid waste tax by 0.5% annually for five years and create a local government solid waste assistance account; counties and solid waste officials supported it as a way to stabilize funding for waste management as landfill revenue declines, and the hearing included public testimony in favor. No committee votes were taken in the transcript.
AL

Alabama 2025 Regular Session

Alabama House Ways and Means Education Committee Apr 2nd, 2025

Ways and Means Education

Transcript Highlights:
  • Of the states that do tax contacts and glasses, some of them only tax ... glasses.
  • Is there still a local tax? In the states that do tax, they're exempt.
  • It would allow taxpayers to claim a state income tax credit, a financial institution excise tax credit
  • , an insurance premium tax credit, or a utility tax credit for donations to eligible rural hospitals,
  • insurance premium tax credit, and utility tax credit.
Bills: SB1, HB176, HB86, SB1, HB176, HB86
NM

New Mexico 2026 Regular Session

Senate - Tax, Business and Transportation Feb 5th, 2026 at 04:18 pm

Senate Tax, Business & Transportation

Transcript Highlights:
  • No tax increase. Senate Bill 190 does not raise taxes.
  • It does not increase the tobacco tax or create any new taxes.
  • It's already taxed.
  • There's new taxes.
  • This isn't raising taxes. It's essentially In your brief opening. This isn't raising taxes.
LA

Louisiana 2026 Regular Session

Ways and Means May 5th, 2026

Ways & Means

Transcript Highlights:
  • Is that assuming at some point that we may go to a centralized state sales tax collection?
  • So that would have to be an agreement made by the taxpayer and the taxing authority.
  • And they need to have that right to be able to audit businesses for their sales tax.
  • Louisiana... ...Tax Board and Renee Ellender Robbery with Louisiana Remote Sales Tax Commission for
  • Them to collect their sales tax.
Bills: HB1039, SB423, SB436
WA

Washington 2025-2026 Regular Session

House Finance Feb 5th, 2026 at 08:00 am

Finance

Summary: House Finance heard several local tax and public-service bills. HB 2278 would remove the July 1, 2027 expiration on the extra $3-per-room-night tourism promotion area lodging charge; staff said it would increase local revenues by about $4 million in the 2027-29 biennium, and supporters from destination marketing groups said the funds have produced strong returns for tourism and events. HB 2224 would let certain cities form single-city fire protection districts with revised levy treatment and a partial exemption from the $5.90 aggregate property tax limit; city and fire interests supported it as a more workable funding tool, while firefighters and hospital districts raised concerns about governance and prorationing impacts. HB 2583 would expand which cities can impose a 4% special lodging tax and change public facilities district lodging-tax rules; Vancouver and SeaTac supported it for tourism and regional attractions, hospitality and short-term rental witnesses raised concerns about stakeholder input and equity, and one arts nonprofit said the bill was duplicative of an existing Vancouver performing arts center effort. The committee also heard HB 2431, which would increase from 15 to 50 days the number of days nonprofit public assembly halls and meeting places may be used for regularly scheduled fundraising without losing their property tax exemption; the sponsor and the Grange supported it as a practical fix for community halls. HB 2325 would create a statewide tourism self-supported assessment program under the Washington Tourism Marketing Authority, funded by industry assessments and overseen by a ratepayer board after a business referendum; tourism, hospitality, wine, and brewing groups supported it, while members asked about impacts on Seattle neighborhoods and other communities. After public hearing testimony, the committee moved into executive session and passed HB 2584, HB 2610, and HB 2615 out of committee with due pass recommendations by 14-0 votes, with one member excused.
TX
Transcript Highlights:
  • Tax increase.
  • Tax rates matter.
  • taxes were lower.
  • My revenues from sales tax exceeded property tax.
  • Compared to property taxes? Property taxes are 48% of our general revenue. Revenue sales tax is 27.
Bills: SB9, SB 9