Video & Transcript Research : 'compensatory revenue'

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MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 3/20/25

Education Finance

Transcript Highlights:
  • <00:04:22.639><c> or</c> compensatory revenue is determined or compensatory revenue is determined or
  • </c> compensatory revenue um which includes compensatory revenue um which includes uh<00:14:09.839><c
  • </c> collections on uh compensatory revenue. collections on uh compensatory revenue.
  • </c><00:26:01.919><c> For</c> compensatory revenue. Zena Stenvic. For compensatory revenue.
  • </c> compensatory revenue can be spent on. compensatory revenue can be spent on.
TX

Texas 89th Regular

Senate Session Jan 15th, 2025

Texas Senate Floor Meeting

Bills: SR1, SR2
Summary: The Senate reconvened from recess and received a message from the House stating that the House was organized and ready to conduct business. The House also reported passage of SCR 7, which directs the State Preservation Board to begin steps to replace the Children of the Confederacy plaque with a plaque honoring victims of Texas’s convict leasing system. The Senate then took up and adopted Senate Resolution 1, the caucus resolution offered by Senator Zaffirini, which sets recommendations for Senate operations. The officers of the Senate were then sworn in. Next, the chamber considered Senate Resolution 2, the Rules Resolution, offered by Senator Hughes; it was adopted by a 31-0 roll call vote and makes only limited changes to committee structure while retaining prior rules. The Senate also authorized the President to appoint a five-member committee to notify the House that the Senate was organized and ready to transact business. Senator Eckhardt introduced the Doctor of the Day, Dr. Liu, a family medicine physician from Austin. With no further business, the Senate recessed until 1 p.m. Wednesday, January 22.
TX

Texas 89th Regular

Ways & Means Apr 14th, 2025

Ways & Means

Transcript Highlights:
  • This means the county can collect revenue from hotels that are not currently taxed.
  • for 2024-2025 property tax revenue is $1,064,620 over the last year.
  • As mentioned, this brings in $350,000 additional revenue to Kerr County.
  • Municipal hotel revenue may not be used for general government.
  • House Bill 3118 relates to municipal hotel tax revenue.
MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 3/12/26

Education Finance

Transcript Highlights:
  • </c> A frozen local optional revenue A frozen local optional revenue allowance<00:27:08.400><c> means
  • revenue like the basic formula.
  • It is that local necessity revenue.
  • </c> additional revenue on special education. additional revenue on special education.
  • I'm in seventh period... revenue time. There is inequity in revenue time.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 4/7/26

Taxes

Transcript Highlights:
  • </c> sustainable revenue growth. Thank you. sustainable revenue growth. Thank you.
  • </c> of Revenue to administer this. of Revenue to administer this.
  • Revenue.
  • </c> It's in the revenue estimate. It's in the revenue estimate.
  • </c> revenue source. revenue source. &gt;&gt; Mhm. &gt;&gt; Mhm. &gt;&gt; Mhm.
TX

Texas 89th Regular

Appropriations Apr 15th, 2025

Appropriations

Transcript Highlights:
  • ...can be used to offset and lower taxation by providing an additional stream of general revenue?
  • So I just want to clarify that the way we generate the revenue is out of private industry that pays the
  • This approach ensures that a dedicated revenue stream exists outside the general revenue fund, preventing
  • Unfortunately, revenue deposited into this account has declined in recent years while costs for trauma
  • into the general revenue fund from 70% to 50%.
MN

Minnesota 2025-2026 Regular Session

House Energy Finance and Policy Committee 3/10/26

Energy Finance and Policy

Transcript Highlights:
  • Certain cooperative electric associations to report annually the total revenue authorized by regulators
  • and the revenue actually collected from consumers.
  • understand how authorized revenues compare to what customers actually pay.
  • understand how authorized revenues compare to what customers actually pay.
  • And it totals them into what's called an approved revenue requirement.
AL

Alabama 2025 Regular Session

Alabama Senate Finance and Taxation General Fund Committee Apr 23rd, 2025

Finance and Taxation General Fund

Transcript Highlights:
  • So, the census The census department will report to the state or does the Department of Revenue.
  • Department of Revenue would have that information. And who do they get their information from?
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/5/26

Taxes

Transcript Highlights:
  • </c><00:04:37.520><c> they're</c> revenue, so the revenue that they're revenue, so the revenue that they're
  • That's the general fund revenue tax.
  • Jess's slide about own source revenue, right? Own source county revenue is 85% property taxes.
  • </c> source revenue, right? source revenue, right?
  • ><c> is</c><00:21:02.320><c> 85%</c> Own source county revenue is 85% Own source county revenue is 85%
Bills: HF3396
Summary: The House Tax Committee met to approve the March 4, 2026 minutes and then heard a presentation from the Minnesota Intercounty Association and Dakota County on property tax trends and county budget pressures. Nathan Jess said counties are facing rising costs from state and federal mandates, with most county budgets devoted to mandated services, and argued that because counties rely heavily on property taxes for own-source revenue, those mandates increasingly fall on local taxpayers. He cited 2026 levy data showing average county levy increases of 7.6% statewide, the largest in 25 years, and said county program aid has declined as a share of local budgets over time, leaving less state support to offset costs. He also discussed the homestead market value exclusion, noting that the 2023 increase to about $38,000 helped but has been eroded by inflation and rising home values. Members asked about commercial real estate declines in downtown areas and the effect of shifting valuations on the tax base. Jess said there is usually a lag before assessment changes show up, but that declining commercial values will shift more of the tax burden onto residential homesteads. He said residential homestead property has grown from about 40% of statewide net tax capacity in 2015 to about 47% now, and that counties are trying to plan for these changes. Questions also raised whether housing supply growth could ease property tax pressure; the presenters said expanding the tax base would help, while also warning that new exemptions and exclusions can shrink the base and increase pressure on remaining taxpayers. A partisan exchange followed over whether the state has shifted costs onto counties and schools through unfunded mandates and reduced aid. One member argued that the state should repeal mandates or allow counties to opt out, citing an upcoming American Preservation Act implementation cost. Another member said the state’s reduced county aid has pushed more burden onto property taxes, which he described as less equitable than state income taxes. The presentation then continued with Mr. Hilgart, who thanked the committee and county officials in attendance and framed the discussion around what counties would do if asked to cut mandates instead of receiving more county program aid.
WY

Wyoming 2026 Regular Session

Senate Travel, Recreation, Wildlife & Cultural Resources Committee, February 19, 2026

Travel, Recreation, Wildlife & Cultural Resources

Transcript Highlights:
  • I'm with the Department of Revenue Property Tax Division Administrator.
  • 00:09:00.640><c> the</c><00:09:00.800><c> Department</c><00:09:01.120><c> of</c><00:09:01.200><c> Revenue
  • </c> I'm with the Department of Revenue I'm with the Department of Revenue Property<00:09:02.320><c>
Bills: SF0024
WY

Wyoming 2026 Regular Session

House Travel, Recreation, Wildlife & Cultural Resources Committee, February 19, 2026

Travel, Recreation, Wildlife & Cultural Resources

Transcript Highlights:
  • KL noted that we don't expect increased revenue from this.
  • KL noted that we don't<00:04:48.400><c> expect</c><00:04:49.199><c> increased</c><00:04:49.600><c> revenue
  • </c><00:04:49.919><c> from</c> don't expect increased revenue from don't expect increased revenue from
  • the lottery, uh, one of competitiveness, as the lottery is the state of Wyoming's only owned gaming revenue
  • The lottery is the state of Wyoming's only owned gaming revenue source.
Bills: SF0024
WA

Washington 2025-2026 Regular Session

House Transportation Mar 9th, 2026 at 08:00 am

Transportation

Transcript Highlights:
  • future that we have that will likely be a constrained situation with project increases, declining revenues
Bills: HB2347
Summary: The committee briefly reviewed four transportation-related bills before taking executive action. House Bill 2347 would repeal the 10% sales and use tax on luxury aircraft; members emphasized its economic importance, including effects on aviation, wildfire suppression, agriculture, health care, and jobs. Substitute Senate Bill 6170 would raise state force and emergency repair thresholds and increase WSDOT contracting limits to allow more self-performance and broaden access for small, veteran-, minority-, and women-owned businesses. Substitute Senate Bill 6225 would authorize transportation bonds for highway and Move Ahead Washington projects and increase SR 520 bond authority, but an amendment reduced the general highway bond authorization and removed the Move Ahead Washington bond portion. The committee then took votes. Substitute Senate Bill 6225 was amended and reported out with a do pass recommendation by a 16-10 vote. House Bill 2347 passed unanimously, 25-0, with a due pass recommendation. Substitute Senate Bill 6170 also passed unanimously, 26-0, with a due pass recommendation. Engrossed Substitute Senate Bill 6354, which advances transportation electrification by allowing certain direct sales by new motor vehicle manufacturers and increasing the dealer documentary service fee to fund EV rebates for vulnerable populations, was amended to reduce the fee increase from $50 to $25. Members discussed dealer bonding requirements and the negotiated nature of the fee. The amended bill was reported out with a due pass recommendation by a 21-4 vote. The chair then announced this would be the committee’s last meeting and adjourned.
AZ

Arizona 2026 Regular Session

02/05/2026 - Senate Finance

Finance

Transcript Highlights:
  • Chair and members, Senate Bill 1638 conforms Arizona's tax statutes to the Internal Revenue Code as of
  • In fact, the state's failed experiment with the flat tax is— ...of revenue.
  • That means for this year we have a revenue reduction, right?
  • It's because we will have a cut to revenue in a state that... ...because we will have a cut to revenue
  • This is just another cut to revenue.
Bills: SB1638