Transcript Highlights:

• Well, good morning, everybody, and welcome back to Finance and Tax.
• Well, we all know that on bond issues, a typical bond issue is for like 20 years, and so we need to make
• Well, now maybe we can open it up for questions from members. I'll do my best.
• So other than that, I appreciate Association of Counties being gracious on the June 1st date as well.
• Well, what did I have? We got line 5 and line 10. Yeah, I meant line 10. Excuse me.

Bills: SB2397

Keywords: oil and gas, tax exemption, development incentive wells, gross production tax, flaring, 908, all

Summary: The Senate Finance and Tax Committee met and first took up House Bill 1382, the gas tax bill. Members explained an amendment to ensure that the proposed three-cent gas tax distribution would include all counties and townships in oil-producing counties, rather than excluding non-oil-producing counties as in the original draft. The committee adopted the amendment unanimously, but then held the bill for the time being because of related work on the Department of Transportation budget in the House. The committee then turned to House Bill 1168, a large hoghouse amendment that combined the bill with the contents of House Bill 1176 and added technical corrections. The proposal would raise the primary residence property tax credit maximum from $1,250 to $1,650, keep the 75% cap with a $500 floor, and extend the credit to voter-approved levies while excluding special assessments. Other changes discussed included aligning the disabled veterans property tax credit with the $200,000 exemption level, adjusting budget and distribution dates so taxing districts are made whole sooner, exempting townships from a general-election vote requirement for levy increases, and modifying school funding formulas so schools are not shortchanged if mill levies are reduced under the cap. Testimony from the Association of Counties and the State Supervisor of Assessments was generally supportive of the technical cleanup and implementation changes, but they raised concerns about the June 1 distribution date, application timing, and the practicality of some programming and administrative changes. Committee members also discussed the policy and messaging implications of the 75%/floor structure and the difficulty of applying the credit to certain voter-approved levies. No final action was taken on House Bill 1168; the committee agreed to continue working on amendments and recessed until later in the day.

Transcript Highlights:

• Covington County is well represented by you, sir, and you and I had great conversations, and I appreciate
• And this bill deals with economic development incentives.
• Under current law, in order to be eligible for economic development incentives, they are tied to companies
• this is the bill that I passed last year out of this committee, and we passed it out of House 4 as well
• But again, it just clarifies the naming competency economic development plan or catalyst, and that is

Bills: HB393, HB61

Keywords: tax abatement, incentive programs, NAICS code, economic development, business, Covington County, carbon dioxide, underground wells, nonhazardous fluids, environmental protection, constitutional amendment, 1136, house, all

Bills: SB22

Keywords: Texas, moving image industry, incentive program, film production, grant funding, job creation, economic development

Summary: The Senate Committee on Finance met, established a quorum, and took up Committee Substitute Senate Bill 22. Senator Huffman moved that the committee report the original Senate Bill 22 as not passed, adopt the committee substitute in its place, and recommend the substitute for passage and printing. The motion was approved on a roll call vote of 11 ayes and no nays. No substantive testimony or debate was included in the transcript excerpt. The committee concluded its business and recessed subject to the call of the chair, with the substitute bill to be reported back to the full Senate with a do-pass recommendation.

Transcript Highlights:

• Members, House Bill 4426 extends the sunset on the strategic industrial development enhancement, otherwise
• I understand the argument is well: the state caused this problem, so we need to fix it.
• If you would indulge the chair for a few comments, I'm gonna vote aye as well.
• And you're trying to make this title Off bill the best it can very well be. So I'm gonna vote.
• We have a nomination we'll have to consider as well, but we will meet next Monday.

Bills: HB3044, HB3465, HB3625, HB3704, HB3759, HB3920, HB3972, HB4191, HB4311, HB4426

Keywords: veterans, tax refund, Oklahoma Department of Veterans Affairs, capital improvement, donations, Oklahoma Emission Reduction, incentive, taxation, environment, revenue, investment, school funds, treasurer, education funding, financial policy, income tax, scholarship, tax credit, Oklahoma Tax Commission, school funding

Transcript Highlights:

• Well, thank you, Mayor. Questions?
• coming I imagine I talked to a developer coming I imagine I talked to a developer yesterday<00:42
• Well, welcome.
• <01:14:00.880> to need for new tools for developers to need for new tools for developers to
• Well, thanks.

Bills: HF1277, HF812, HF457, HF633

Keywords: data centers, tax exemption, Minnesota statutes, economic development, employment growth, income tax, tax brackets, tax adjustments, Minnesota, tax policy, underutilized buildings, adaptive reuse, building conversion, historic preservation, downtown revitalization, vacant property, vacancy reduction, refundable tax credit, income tax credit, grant in lieu of credit

Transcript Highlights:

• . >> Well, y'all can have show and tell later. requirements.
• Um and to also qualify for incentives.
• Well, yeah, you can. You're the chief magistrate. You can get rid of them.
• Well, yeah, you can. You're the chief magistrate. You can get rid of them.
• Well, yeah, you can. You're the chief magistrate. You can get rid of them.

Bills: HB42, SB246, SB38, SB194, SB183, SB253, SB160

Keywords: unclaimed vehicles, towing, Department of Revenue, notification requirements, abandoned vehicles, real estate, residential property, single-family home, homeowner protection, property solicitation, unsolicited offer, wholesaling, real estate wholesaling, assignment contract, equitable interest, investment property, house flipping, predatory real estate practices, title cloud, deceptive trade practices

Transcript Highlights:

• Well, I know that we reduced them to an advisory committee does that still that still fall within their
• which is something that maybe this committee would want to look at moving forward as well but as is
• To be clear, at one point we had talked about developing some property around Lake Murray and we were
• Chairman, SB1530 is a research and development ecosystem piece.
• If you guys would be willing to take that up as well, we want to adopt the PCS first. Mr.

Bills: SB248, SB985, SB1307, SB1319, SB1405, SB1530, SB1919

Keywords: tourism, revolving fund, Oklahoma Tourism and Recreation Department, real property, fund management, Oklahoma Local Food for Schools, school meals, local food procurement, farm to school, school districts, Department of Agriculture, Food and Forestry, local producers, meat processors, reimbursement program, agriculture, nutrition, farmers, ranchers, local sourcing

Transcript Highlights:

• >> Well, it could be an issue.
• >> Well, it could be an issue.
• >> Well, it could be an issue.
• >> Well, it could be an issue.
• >> Well, yeah. No, not really.

Bills: SB2671, SB2902

Keywords: permit processing, permitting reform, county permits, development permits, building permits, land use, construction delays, housing development, infrastructure development, county workforce, differential pay, salary incentive, performance bonus, recruitment and retention, expedited hiring, vacancy rates, permit backlog, government modernization, county mayor, county council

Summary: The Senate Committee on Energy and Intergovernmental Affairs heard two measures. SB 2671, relating to essential permitting positions, drew no oral testimony beyond written comments from the Department of the Attorney General and the Office of Planning. The chair said the bill was intended to make government more efficient and reduce red tape in the permitting process. SB 2902, relating to renewable energy, received testimony from the Division of Consumer Advocacy, the Climate Change Mitigation and Adaptation Commission, the Public Utilities Commission, Kauai Island Cooperative, Bright Saver, and 350 Hawaii. Supporters described the bill as a way to expand access to plug-in or balcony solar, lower electricity bills, improve resilience, and broaden access for renters and apartment residents. Several testifiers urged amendments to avoid limiting the measure to condominiums, to remove condominium board approval language, and to eliminate utility or PUC registration requirements. The PUC said registration could help with safety, linemen protection, and circuit hosting-capacity concerns, and noted that improper installation or oversizing could create problems. After a brief recess, the committee voted to recommend both bills for passage with amendments and deferred each to April 19, 2042. The recommendations were adopted without objection.

Transcript Highlights:

• The Senate Economic Development, Workforce, and Tourism committee will come to order.
• It also includes accounting staff expenses as well. So, it's not quite a full FTE.
• OwRB has well documented in telling us the financial challenges to keep up with their system.
• It's not like they're going to be funding an event entirely from the quality incentives program.
• It's a program that's worked really well in a lot of communities.

Bills: SB1332, SB1378, SB1525, SB1771, SB1919, SB1998, SB2018, SB260, SB264

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

Transcript Highlights:

• . >> Well, well, I appreciate you first off.
• >> Well,<00:07:36.880> well,<00:07:37.120> I<00:07:37.280> appreciate<00:07
• >> Well, well, I appreciate you first off.
• >> Well, well, I appreciate you first off.

Bills: HB259, SB247, HB259, SB247

Keywords: income tax credit, tax incentive, recruitment, remote work, remote worker, recruited worker, rural counties, small counties, county population tiers, opportunity zone, teacher recruitment, nurse recruitment, law enforcement recruitment, workforce development, economic development, relocation incentive, Alabama Department of Revenue, nonrefundable tax credit, tax carryforward, state income tax

Transcript Highlights:

• This is a research and development ecosystem bill.
• in the absence of such incentive.
• The measure broadens the commission's comparative analysis of its incentives to include other states'
• incentives.
• if an incentive provides a competitive advantage for the state.

Bills: SB1530, SB1579, SB1778, SB1847, SB1990, SB1992, SB2060

Keywords: research funding, development rebate, Oklahoma Department of Commerce, tax incentives, higher education partnerships, property tax, valuation increase, taxpayer rights, homestead, protest process, reading instruction, literacy, educational equity, intervention services, third grade retention, Strong Readers Act, Medicaid, ADvantage Waiver, home-based services, eligibility criteria

Bills: HB0122, SF0004, SF0012, SF0013, SF0067, SF0070, SF0124

Keywords: healthcare, rural health, transformation program, funding, incentives, training, access, perpetuity fund, Medicaid, emergency medical services, ground ambulance, healthcare funding, reimbursement rates, military, national guard, reenlistment, extension bonus, Wyoming, Wyoming National Guard, recruitment

Transcript Highlights:

• <00:10:35.440> as puzzle form internal health as well as puzzle form internal health as well
• of things as well. of things as well. >> Very<00:10:58.160> good.
• <00:30:15.840> recruiting those federal incentives for recruiting those federal incentives
• account within water development. account within water development.
• It's it falls well within project folks. It's it falls well within our<01:08:48.480> thing.

Bills: HB0122, SF0004, SF0012, SF0013, SF0067, SF0070, SF0124

Keywords: healthcare, rural health, transformation program, funding, incentives, training, access, perpetuity fund, Medicaid, emergency medical services, ground ambulance, healthcare funding, reimbursement rates, military, national guard, reenlistment, extension bonus, Wyoming, Wyoming National Guard, recruitment

Bills: HB0122, SF0004, SF0012, SF0013, SF0067, SF0070, SF0124

Keywords: healthcare, rural health, transformation program, funding, incentives, training, access, perpetuity fund, Medicaid, emergency medical services, ground ambulance, healthcare funding, reimbursement rates, military, national guard, reenlistment, extension bonus, Wyoming, Wyoming National Guard, recruitment

Transcript Highlights:

• well. Thank you. well. Thank you.
• Economic Development, and Tourism. Economic Development, and Tourism.
• [snorts] [snorts] [snorts] >> Um,<01:04:02.960> well, >> Um, well, >> Um, well
• [snorts] >> Well, >> Well, >> Well, I'd<01:12:54.400> have<01:12:54.560>
• well exactly how far does that go? well exactly how far does that go?

Bills: HB2410, HB2235, HB1904, HB2201, HB2349, HB1972, HB2007, HB2385, HB2444, HB2391, HB2575

Keywords: Hawaii Technology Development Corporation, economic diversification, small business, innovation, manufacturing assistance, grants, technology programs, advanced manufacturing, military, community relations, economic development, defense-related programs, workforce development, local business readiness, in-state manufacturing, federal investment, space operations, orbital sustainability, aerospace, space traffic management

Summary: The committee heard testimony on several measures, beginning with HB 2410 relating to the Hawaii Technology Development Corporation. Testifiers from HTDC and the Hawaii Food Industry Association stood on written testimony, and members discussed the funding request, which was described as $1 million each for three programs, for a total of $3 million. The measure appeared to have broad support, with no opposition noted. The committee then took up HB 2235 HD1 on the military and community relations office, where Lori Moore of MACC asked for additional funding to support local businesses and education-to-career initiatives statewide. Members asked about the amount, and the request was identified as $1.3 million total. HB 904 on space operations followed, with three supporters and one opponent, though no substantive testimony was captured beyond the vote counts. HB 2201 on state enterprise zones drew testimony from Georgia Skinner of DBEDT’s Creative Industries division, who said the measure would build on a well-run enterprise zone program and help make Hawaii’s film industry more competitive. Tom Yamashita of the Tax Foundation also provided comments. The committee then considered HB 2349 relating to DCCA and DBEDT coordination; DCCA explained it already provides links and information to DBEDT programs, while DBEDT argued that direct data sharing would allow more proactive outreach. Members raised privacy and cost concerns, and DBEDT said it would consider opt-in collection and acknowledged system changes and possible funding needs. The committee also heard two tax credit bills. HB 1972 HD1, on a caregiver tax credit, received strong support from AARP, the Hawaii Public Health Institute, the Hawaii Children’s Action Network, and others, who described caregivers as an “invisible workforce” and argued the credit would help families keep loved ones at home and reduce financial strain. The Tax Foundation suggested a grant or subsidy program might be more efficient than a tax credit and raised concerns about debarment provisions. HB 20007 HD1, on the household and dependent care services tax credit, also drew strong support from public health and family advocacy groups, who said Hawaii families face some of the nation’s highest child care costs and that the bill would better reflect current expenses; the Tax Foundation again raised technical concerns about complexity and debarment. Members asked about fiscal impacts, and testimony indicated the current credit costs about $6 million, with the bill expected to increase that amount. The committee then moved on to HB 2385 HD1 on housing, where the Deputy Attorney General began presenting written comments on whether the bill limits county authority.

Transcript Highlights:

• And they tell me, well, says, well... ...not in actually generating electricity.
• The incentives at the federal level are so high that the push toward development of solar and wind is
• The incentives at the federal level are so high that the push toward development of solar and wind is
• That is not economic development.
• in place that says, but for this tax incentive you wouldn't build or because of this tax incentive you

Bills: SB913, SB1086, SB1087, SB1143, SB1534, SB1553, SB1718, SB1754, SB2004, SB2322, SB2448

Keywords: hotel occupancy tax, municipal revenue, tax code, local government funding, Texas legislation, county taxation, economic development, hotel industry, local government, counties, taxation, tourism, workforce development, youth programs, employment, education, technical training, health physics, higher education, nuclear energy

Summary: The committee heard a series of bills, mostly related to economic development, tax incentives, and workforce programs. Senate Bill 1534 would direct a study by the Texas Higher Education Coordinating Board and the Texas Workforce Commission on health physics education and workforce needs; resource witnesses from the Workforce Commission and Coordinating Board testified, and the bill was left pending. Senate Bill 1553 would authorize Kerr County to impose a hotel occupancy tax for tourism-related uses, and Senate Bills 1086 and 1087 would authorize similar county hotel taxes for Children’s County and Mason County; all three bills received supportive testimony and were left pending. The committee also heard Senate Bill 1754, which would prohibit county and local tax abatements for renewable energy facilities selling power wholesale, with testimony sharply divided between landowners and policy groups opposing renewable subsidies and industry representatives and some senators arguing the bill would harm clean energy investment and local decision-making; the bill was left pending. The committee then heard Senate Bill 2322, which would exempt dispatchable electric generation facilities from the JEDI program’s compelling-factor test so they could qualify for school district tax incentives; testimony was mixed, and the bill was left pending. Later, the committee heard Senate Bill 1718, which would add the NRA annual meeting to the state’s major events reimbursement program. The bill’s sponsor and NRA representatives argued the event brings substantial tourism and economic activity, while opponents said it would use taxpayer funds to subsidize an organization that opposes gun safety measures; the bill was left pending. Senate Bill 2004 would add the Arlington Grand Prix to the major events reimbursement program, with the committee substitute exempting it from the usual competitive site-selection requirement because of timing; testimony from the event organizers and Arlington tourism officials was supportive, and the bill was left pending. Senate Bill 2448 would create a rural workforce development grant program at the Texas Workforce Commission to support college-and-career readiness and technical assistance in rural communities; witnesses from Texas 2036, Collegiate Edgination, and a rural school district supported it, and it was left pending. Finally, Senate Bill 913 would repeal a special requirement that Alpine dedicate at least 50% of its hotel occupancy tax to advertising and promotion, and Senate Bill 1143 would require more coordination and reporting for youth workforce programs serving disconnected young Texans; both bills received supportive testimony and were left pending. At the end of the hearing, Senator Johnson moved that the committee stand in recess, subject to the call of the chair.

Transcript Highlights:

• The incentives that...
• The federal level incentives are so high that the push toward the development of solar and wind is so
• This program provides competitive economic incentives to attract large capital-intensive economic development
• tax incentive you would.
• The potential return for the streets of Nashville, where the race was held previously, as well as incentives

Bills: SB913, SB1086, SB1087, SB1143, SB1534, SB1553, SB1718, SB1754, SB2004, SB2322, SB2448

Keywords: hotel occupancy tax, municipal revenue, tax code, local government funding, Texas legislation, county taxation, economic development, hotel industry, local government, counties, taxation, tourism, workforce development, youth programs, employment, education, technical training, health physics, higher education, nuclear energy

Transcript Highlights:

• And they tell me, well, says, well, we've got to have that agreement.
• development of solar and wind is so great that... ...development of solar and wind is so great that
• That is not economic development.
• We have a little primer as well.
• tax incentive you would.

Bills: SB913, SB1086, SB1087, SB1143, SB1534, SB1553, SB1718, SB1754, SB2004, SB2322, SB2448

Keywords: hotel occupancy tax, municipal revenue, tax code, local government funding, Texas legislation, county taxation, economic development, hotel industry, local government, counties, taxation, tourism, workforce development, youth programs, employment, education, technical training, health physics, higher education, nuclear energy

Summary: The Senate Economic Development Committee met to hear a series of bills and informational primers, with several resource witnesses from the Governor’s Office, the Texas Workforce Commission, and the Texas Higher Education Coordinating Board. The chair opened by noting the death of Senator King’s son and asking members to keep the family in their prayers. Most bills were laid out and left pending subject to the call of the chair after brief author presentations and public testimony. The committee heard several local hotel occupancy tax bills: SB 1553 for Kerr County, SB 1086 for Childress County, SB 1087 for Mason County, and SB 913 for Alpine. Supporters, including the Texas Hotel and Lodging Association and local officials, said the measures would allow counties or the city to use hotel tax revenue for tourism-related projects and local development. The committee also heard SB 1534, which would direct a study on health physics education and workforce needs in Texas; resource witnesses from TWC and THECB testified on the bill. All of these measures were left pending. A major portion of the hearing focused on SB 1754, which would prohibit local tax abatements for renewable energy facilities selling power at wholesale, with an exception for certain battery storage tied to dispatchable generation. The bill drew strong support from witnesses who argued counties should not subsidize wind and solar projects that can harm neighboring landowners and that renewables already receive substantial federal support. Opponents from the solar and storage industry argued the bill would remove a voluntary local economic development tool, raise power prices, and discourage investment. Senators also debated landowner impacts, grid reliability, and whether the bill was the right policy tool; the bill was left pending. The committee also heard SB 2322, a committee substitute related to the Jobs, Energy, Technology, and Innovation Act, which would exempt electric generation facilities from the program’s compelling-factor test so they can qualify for school tax limitation agreements. Supporters said the change would correct an unintended barrier for dispatchable generation, while Senator Johnson argued it would weaken the program’s purpose by subsidizing projects that would locate in Texas anyway. SB 1718 would add the NRA annual meeting to the major events reimbursement program; the NRA supported it, while gun violence prevention advocates opposed using state incentives for the organization. SB 2004 would add the Arlington Grand Prix to the major events program, and SB 2448 would create a rural workforce development grant program; both drew supportive testimony and were left pending. The committee also heard SB 1143, a substitute bill aimed at improving transparency and coordination in programs serving opportunity youth ages 14 to 24, with witnesses supporting better reporting and workforce alignment. At the end of the meeting, Senator Johnson moved that the committee stand in recess subject to the call of the chair.

Transcript Highlights:

• Well, thank you, Mr. Chair, for giving me the opportunity to speak. I do appreciate it.
• Well, there's a matter, you know, for those of you that don't pay attention every day, uh, there was
• <00:02:16.720> Well,<00:02:17.040> there's going on here. Yeah.
• Well, there's going on here. Yeah.
• Well, there's there's<00:02:17.840> a<00:02:18.000> matter,<00:02:18.400> you<00

Bills: SF1832, HF2440, HF2442

Keywords: economic development, small business, workforce training, grants, entrepreneurship, equity, community support, labor market, employment, funding, data analysis, climate finance, energy finance, renewable development account, RDA, weatherization, preweatherization, low-income housing, energy efficiency, clean energy

Transcript Highlights:

• What's difficult to find is someone who's well-versed in that with also an economic development background
• So, a lot of the economic incentives we give to corporations, the criticism we get is, well, you're giving
• We don't say, "Well, because we don't give this additional incentive to a new business, which we want
• If they're moving for an incentive, their propensity to move for another incentive is higher because
• So the economic developers association of Alabama may be also a fourth entity to work with as well in

Bills: SB177, HB83, HB203, HB218, HB256, HB350, HB530, HB546, HB577, HB259

Keywords: entertainment, film, music, production incentives, Alabama Film Office, tax rebates, media industry, economic development, Baptist convention, tax exemption, sales and use tax, Alabama, nonprofit, HB203, High Socks for Hope, nonprofit tax exemption, sales tax, use tax, state tax exemption, local option tax exemption