Video & Transcript Research : 'actual cash value'
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MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 4/15/26
Commerce Finance and Policy
Transcript Highlights:
- I mean, there is a value in having that. I...
- And I think there’s a value to them.
- Specifically, when an insurer and insurance company cannot agree on the... actual cash value or the amount
- It doesn't actually work.
- It doesn't actually work.
Keywords:
healthcare, insurance, regulation, financial institutions, prescription drug affordability, consumer protection, restitution account, financial compensation, attorney general, distributions, property insurance, homeowners insurance, fire and allied lines, hail insurance, appraisal clause, loss adjustment, alternative dispute resolution, insurance claims, claim valuation, actual cash value
OK
Transcript Highlights:
- These quote unquote nonprofits would actually be private schools. Thank you, Chair.
- Can you help me understand what is the state's actual obligation here if this passes?
- Looks like there's no offsets There's no tie-in to what the actual deductibles will be.
- of the property, but based on the value of the rental that they're generating.
- If you do have one of these entities that is paying a lower value of ad valorem tax on it, but they are
Keywords:
education funding, linked deposits, education infrastructure, charter schools, nonprofit organizations, Oklahoma Education Infrastructure Program, HB1242, cervidae, deer, elk, sales tax exemption, agricultural exemption, livestock, ranching, farm tax, agricultural sales tax, Oklahoma Tax Commission, agriculture, producer sales, private treaty
AL
Alabama 2026 1st Special Session
Alabama Senate Banking and Insurance Committee Apr 1st, 2026
Banking and Insurance
Transcript Highlights:
- bill that provides guidance for rounding for our businesses or small business in the state that take cash
- bill that provides guidance for rounding for our businesses or small business in the state that take cash
- I have expertise in cash being in the trucking business. I do a little bit.
Bills:
HB545
Keywords:
HB545, legal tender, cash rounding, nearest five cents, nickel rounding, in-person cash transaction, cash transactions, change making, sales tax, Department of Revenue, merchant payments, consumer payments, currency rounding, cash payment, retail transactions, payment methods, 923, senate, all
AL
Alabama 2026 1st Special Session
Alabama House Financial Services Committee Mar 10th, 2026
Financial Services
Transcript Highlights:
- How this would actually work: this only applies to cash transactions.
- ><00:07:23.759>
applies <00:07:24.160>to <00:07:24.319>cash actually work, this - only applies to cash actually work, this only applies to cash transactions.<00:07:25.919>
Um <00 - I actually need a motion for... may see next year. But this is something may see next year.
- I actually >> You need a second on that.
Keywords:
Escambia County, probate court, court fees, legal services, judicial legislation, HB545, legal tender, cash rounding, nearest five cents, nickel rounding, in-person cash transaction, cash transactions, change making, sales tax, Department of Revenue, merchant payments, consumer payments, currency rounding, cash payment, retail transactions
AZ
Transcript Highlights:
- Chair and members, Senate Bill 1764 requires a property's full cash value to be determined based on the
- Once it's set, it's set, and it's trying to catch the full cash value, but because the gap between the
- full cash value and LPV is so great now, like my home, I'll probably not be around before that even
- This bill does add new definitions for current use, full cash value, the valuation date.
- This bill does add new definitions for current use, full cash value, the valuation date.
Keywords:
savings and loan, technical correction, Arizona Revised Statutes, financial institutions, prohibitions, GPLET, abatement, tax incentives, local government, property improvement, central business district, insurance, settlement demands, time limits, third-party claims, regulatory compliance, initiative, referendum, ballot measures, petition circulators
Summary:
The committee first approved the February 2, 2026 minutes and held Senate Bill 1090. It then heard Senate Bill 1503, which would require pension fiduciaries and proxy advisory firms to act solely in the economic interest of plan participants and beneficiaries, prohibit ESG- or ideology-based voting, require disclosures and economic analyses in certain cases, and authorize attorney general enforcement. The sponsor said the bill was meant to protect investors and align with federal action. Testimony was mixed: a policy witness supported the bill, while representatives of ASRS and PSPRS said they were neutral but raised concerns about added costs, operational burdens, reporting requirements, possible conflicts with existing fiduciary duties, and increased litigation risk. After debate, the committee voted 4-3 to give SB 1503 a do-pass recommendation.
The committee then considered Senate Bill 1293, which would prohibit GPLET school-district revenues from being abated during the eight-year abatement period. Supporters argued the bill would protect school funding and reduce state aid backfill costs, and a Goldwater Institute witness said it would also reduce gift-clause concerns by limiting subsidies that shift costs to other taxpayers. City and economic development representatives from Phoenix, Mesa, and the Greater Phoenix Economic Council opposed the bill, saying GPLET is an important redevelopment tool that helps finance projects in urban cores and that the change would reduce its effectiveness and slow revitalization. The committee adopted an amendment and then passed SB 1293 on a 4-3 vote.
Next, the committee heard Senate Bill 1414, which gives insurers 30 days to review and respond to third-party settlement demands in bodily injury claims. Insurance representatives supported the bill as a commercially reasonable timeframe, while the Arizona Trial Lawyers Association opposed it, arguing that 30 days would become a minimum and could delay settlements for injured claimants; members discussed a possible 15-day compromise. The committee passed SB 1414 by a 5-2 vote. It also passed Senate Bill 1633, which creates an income tax subtraction for capital gains from the sale of a primary residence after a five-year residency; opponents warned it would mainly benefit wealthy homeowners and cost the state tens of millions annually, while the sponsor said it could help housing turnover. Finally, the committee passed SB 1429, as amended, allowing Senate and House leaders to designate board members for the Arizona Commerce Authority, SB 1536, which lets municipalities consolidate multiple street-light improvement districts, and heard SB 1724, which clarifies when property splits or consolidations trigger a limited property value recalculation to prevent tax-base manipulation.
OK
Oklahoma 2026 Regular Session
Economic Development, Workforce and Tourism 2ND REVISED Feb 24th, 2026 at 01:30 pm
Economic Development, Workforce and Tourism
Transcript Highlights:
- Yeah, I think it's actually the clarification of my last question.
- Again, if this property sells before the two-year time frame, it will go back to the fair cash value
- They actually have to prove the expenditures of the project.
- The value attached to that construction, as you say, multifamily unit, the value attached to that is
- Whatever your heart fails, well, we're actually going to go.
Bills:
SB1327, SB1372, SB1403, SB1937, SB277, SB2131, SB1749, SB1348, SB1469, SB2018, SB1931, SB1530, SB2155
Keywords:
tourism, recreation, economic development, Oklahoma Commission, executive director, probation, credits, educational advancement, Oklahoma Statutes, criminal justice reform, job incentives, tax rebates, Oklahoma Quality Jobs Program, employment growth, wage requirements, labor organization, incentives, employer practices, union neutrality, worker rights
FL
Florida 2026 Regular Session
Children, Families, and Elder Affairs Feb 3rd, 2026
Children, Families, and Elder Affairs
Transcript Highlights:
- experience and increasing normalcy in foster care through teaching foster children the importance and value
- like me the reality of having our thoughts, feelings, and experiences not only being listened to but valued
- like me the reality of having our thoughts, feelings, and experiences not only being listened to but valued
- moments where it feels like decisions are being made about my life without anyone asking how they actually
- We will take up temporary cash assistance eligibility by Senator Bracey Davis.
Keywords:
dependent children, child welfare, cash allowance, caregivers, community organizations, empowerment, foster care, out-of-home care, temporary cash assistance, eligibility, drug trafficking, human trafficking, Florida statutes
Summary:
The Committee on Children, Families, and Elder Affairs heard and advanced four bills. CS/SB 1690, on early childhood education, was amended with a delete-all amendment that required public posting of child care inspection reports and data on child deaths, injuries, and substantiated abuse; changed certain notice and insurance provisions for family and large family child care homes; created the Florida Endowment for Early Learning; and made related definitional changes. The amendment was adopted and the committee reported the bill favorably. SB 1022, on children’s initiatives, would add two new Florida Children’s Initiatives in Bay County and Pompano in Broward County; the sponsor described the program as a community-based service network model, and the bill was reported favorably without opposition.
SB 996, on dependent children, would require DCF and community-based care lead agencies to coordinate and regularly meet with organizations focused on people with lived experience in the child welfare system, and to publish how suggestions are implemented. Several young adults with foster care experience testified in support, emphasizing the importance of youth voice, normalcy, and teaching financial responsibility through allowance. The bill was reported favorably after supportive debate.
The committee also considered CS/SB 1462, on temporary cash assistance eligibility, after adopting an amendment that narrowed a SNAP eligibility carve-out to people who were victims of human trafficking at the time of a drug conviction. The sponsor said the bill was intended to remove barriers to reunification and redemption. After supportive testimony and no opposition, the committee reported the bill favorably. The meeting then adjourned.
OK
Oklahoma 2026 Regular Session
Appropriations and Budget Finance Subcommittee REVISED: SB1403 - Added Apr 8th, 2026 at 04:30 pm
A&B Finance Subcommittee
Transcript Highlights:
- Actually, Mr. Chairman, he's not kidding.
- And as the most current data reflects, OPRAS is set at actually 17% so at $16 billion in assets.
- I actually represented Pay. You're up next. To present SB1400. I skipped over that one.
- I mean, is there any requirement on them to follow up with an actual physical.
Keywords:
sales tax exemption, nonprofit organizations, contractors, charitable purposes, state law, retirement, public employees, reemployment, benefit adjustment, Oklahoma Public Employees Retirement System, Olympics, funding, Oklahoma Department of Commerce, local businesses, revolving fund, event hosting, sales tax, tax exemption, tax refund, Oklahoma Sales Tax Code
OK
Oklahoma 2026 Regular Session
Economic Development, Workforce and Tourism Feb 10th, 2026 at 01:30 pm
Economic Development, Workforce and Tourism
Transcript Highlights:
- I think I'll send it to everyone because I want you all to see what this program actually does.
- You can actually see them, you can visit them. They also obviously generate revenue.
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
KY
Kentucky 2026 Regular Session
Public Pensions Oversight Board (4-24-23)
Keywords:
KY LRC YouTube, https://www.youtube.com/watch?v=dk8pg0icLIk, 2026-06-21T07:17:04+00:00, 2.2.24, Data collected via generic collector engine, Meeting Start: 00:00:00
Attendance Roll Call: 00:00:09
Investment, Cash Flow, Legislative, and Actuarial Update (JFRS): 00:01:38
Investment, Cash Flow, Legislative, and Actuarial Update (KPPA): 00:23:22
Investment, Cash Flow, Legislative, and Actuarial Update (TRS): 01:05:18
Adjournment: 01:27:30, 958, all, 2.2.42, 2.1.47
AL
Alabama 2026 1st Special Session
Alabama Senate Banking and Insurance Committee Mar 19th, 2026
Banking and Insurance
Bills:
SB365
Keywords:
cash transactions, rounding, legal tender, state regulations, consumer transactions, 923, senate, all
AZ
Transcript Highlights:
- And we value all of the work that you do.
- So I’ve actually even gone out to the properties after the SBOE decision has been done to actually go
- The full cash value is too high; I'm going to appeal that. You made a wrong valuation number.
- value.
- value.
Keywords:
tax penalties, filing, tax returns, administration, Arizona Revised Statutes, agricultural property, classification, county assessor, property inspection, appeal process, property tax, agricultural classification, Department of Revenue, property valuation, inspection notice, inspection report, on-site inspection, full cash value, rural land, farm land
Summary:
The committee began with member, staff, and page introductions, then heard reminders about public testimony limits. It first considered House Bill 2016, which would eliminate late-filing penalties when a tax return shows zero tax due. The sponsor argued the bill would prevent unnecessary fines on small businesses and individuals with no liability, while staff noted any fiscal impact would likely be minimal. The bill passed on an 8-1 vote, with one member opposing it on the grounds that current waiver procedures already exist and the change could weaken compliance incentives.
The committee then took up House Bill 2104, which would bar county assessors from reclassifying agricultural property for four years after an owner prevails on appeal, unless there is a change in use, ownership, or parcel configuration. The sponsor and agricultural groups said the measure would reduce repetitive annual appeals and provide stability for ranchers and farmers, especially in urbanizing areas and in places affected by fallowing. County assessors opposed the bill, arguing that their offices are better qualified than the State Board of Equalization, that the bill could allow inaccurate classifications to persist, and that it relies too heavily on owners to report changes. After extensive testimony from the Maricopa County Assessor and the State Board of Equalization executive director, the committee approved the bill 5-4.
Next, House Bill 2105 was heard. It would require advance notice of certain property inspections and provide inspection reports to property owners. The sponsor said the goal was to give owners a chance to be present for inspections and to receive the reasons for any denial of agricultural status. Assessors opposed the bill as an unfunded mandate and said they already communicate with owners through mail, door hangers, and other methods, but that a standardized report form does not currently exist. Supporters from the farm and ranch community said the bill would improve transparency and help avoid disputes. The committee passed the bill 5-4.
Finally, the committee heard House Bill 2289, which updates truth-in-taxation and election pamphlet language to reflect higher residential property values, including a new $400,000 example. The sponsor and the Arizona Tax Research Association said the changes would make taxpayer notices more accurate and noted the bill was similar to one that had previously advanced, but without a provision that contributed to a veto. No vote was taken on this bill in the portion provided.
AL
Alabama 2025 Regular Session
Alabama House Financial Services Committee Apr 9th, 2025
Financial Services
Transcript Highlights:
- They would be responsible if they're sending cash without a cash app, without PayPal, or without Venmo
- Without PayPal, without Venmo, without any cash app.
- I'm going to have to pay that 4% if I use cash. No matter how I... use cash.
- You know, one of my concerns is if it's cash or if it's any other method, I... cash or if it's any other
- Um, that's 250 million cash dollars we're saying, leaving cash international wire transfers from our
Bills:
HB297
AZ
Transcript Highlights:
- They have 14 days to actually make the payment.
- These districts run out of cash. We're holding the bag.
- So then I took a whole bunch of cash out and started paying everything by cash.
- A bunch of cash out and started paying everything by cash.
- But if you go to McDonald's by my house and you pay by cash, it's actually $4.75.
Keywords:
insurance regulation, modeling organizations, financial disclosure, rate-making, predictive models, revitalization districts, construction contracts, infrastructure, municipal services, intergovernmental agreements, user fees, landowner agreements, overtime, wages, employee rights, industrial commission, complaints, adjudication, landlord, tenant
Summary:
The Commerce Committee heard and advanced five bills. HB 2174, as amended by a strike-everything, redefined “advisory organization” as a modeling and data organization and allowed models used by insurers for rate-making to be filed with DIFI, with DIFI able to require supporting data to verify compliance. The sponsor said the measure was the product of extensive stakeholder negotiations and technical cleanup. The committee adopted the amendment and then approved the bill 10-0 for a due-pass recommendation.
HB 2496 would require revitalization district construction contracts to include payment protections allowing contractors and subcontractors to pause or stop work if the district fails to pay. Supporters argued it was a fairness measure to prevent contractors from being forced to continue work without payment; opponents, including bond counsel and the League of Arizona Cities and Towns, warned it could disrupt public infrastructure projects, misalign incentives, and create bond-financing concerns. The committee passed the bill 9-1 with one member present.
HB 2910 would extend from 10 to 20 days the time a contractor has to contest an ROC recovery fund claim after notice. The sponsor and Home Builders Association said it was a minor, technical change and requested more time to respond to claims. The committee approved it 10-1. HB 2938, the “penny” bill, would require Swedish rounding for cash transactions when pennies are unavailable, with an amendment clarifying taxes and fees are calculated before rounding and protecting businesses complying with the rule. The sponsor described inconsistent business practices and support from stakeholders; the committee adopted the amendment and passed the bill.
HB 2744 would authorize the Industrial Commission of Arizona to investigate and adjudicate overtime wage violations at the state level. Supporters from the carpenters’ unions said federal enforcement is too slow and workers need a faster path to recover earned wages; the Industrial Commission said it would need additional FTEs and spending authority but not general fund money. One member opposed expanding agency authority over private wage disputes, but the committee ultimately passed the bill 10-1 and adjourned.
NV
Transcript Highlights:
- And will this actually make it so that they're prosecuted more?
- And will this actually make it so that they're prosecuted more?
- When I turned 50, I actually got my AARP magazine.
- This is actually something that we've discussed extensively.
- This is actually something that we've discussed extensively.
Keywords:
elderly, vulnerable persons, criminal penalties, theft, civil penalties, criminal justice reform, traffic stops, law enforcement, data recording, public safety, racial profiling, SB323, Nevada, Department of Corrections, offenders, inmates, incarcerated people, prison phone calls, free phone calls, family communication
OK
Oklahoma 2026 Regular Session
Revenue and Taxation REVISED Feb 9th, 2026 at 01:30 pm
Revenue and Taxation
Transcript Highlights:
- Personal property has a fairer cash value of $5,000 or less.
- at its fair market value or is it going to be capped at the 5%?
- I used it actually in tandem with my visual inspection.
- It's not like, was well, Washington's actually large.
- How do you see these actually being divvied out? Thank you for that.
Keywords:
excise tax, oil tax, natural gas tax, state revenue, Oklahoma Corporation Commission, income tax, tax credit, aerospace sector, employment, economic development, adaptive reuse, affordable housing, urban renewal, economic impact, program, housing, revitalization, urban development, income tax credit, manufacturing
AL
Alabama 2025 Regular Session
Alabama House Financial Services Committee Apr 23rd, 2025
Financial Services
Transcript Highlights:
- I know a lot of the concerns that we had were around the 4% per international cash transaction.
- In summary, um, on line 87-88, it talks about the suspicious cash transactions of 2,000 or more. cash
- money transmitters for records and we've asked them to provide very specific information, such as a cash
- This is just for wire transfers, this cash. You want to clarify that? So, it doesn't change that.
MN
Minnesota 2025-2026 Regular Session
House Environment and Natural Resources Finance and Policy Committee 3/3/26
Environment and Natural Resources Finance and Policy
Transcript Highlights:
- >> I actually have not had the opportunity. >> Okay. [laughter] Wow.
- The fund operates like an endowment, and so 5.5% of the value of the fund is drawn down each year for
- The fund operates like an endowment, and so 5.5% of the value of the fund is drawn down each year for
- I would actually ask nonpartisan staff to answer that question. >> Miss Taylor. >> Mr.
- :52.559>
staff <00:24:52.799>to would actually ask nonpartisan staff to would actually
Keywords:
natural resources, environment, sustainability, conservation, outdoor recreation, land acquisition, real property, trust fund, commissioner approval, Department of Natural Resources, DNR, conservation easement, land purchase, state land, public lands, property acquisition, value assessment, tax assessed value, Metropolitan Council, Board of Water and Soil Resources
TX
Transcript Highlights:
- Actually, I'm not here to do that. I'm talking about.
- So your bill actually addresses uh.
- And they, they actually went back and got tax bills.
- value has been used instead has risen quite a bit in recent years.
- to be brought up to market value.
Bills:
HB249
AL
Alabama 2025 Regular Session
Alabama Senate Finance and Taxation General Fund Committee May 6th, 2025
Finance and Taxation General Fund
Bills:
HB543