Video & Transcript Research : 'excess tax increment'
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MN
Transcript Highlights:
- I'm going to move and pass those two through, one to Taxes and one to the General Register.
- House File 922 is another technical correction bill to be re-referred to the Committee on Taxes.
- House File 922 is another technical correction bill to be re-referred to the Committee on Taxes.
- ><00:50:21.280>
the <00:50:21.400>committee <00:50:21.720>on <00:50:22.000>taxes - re-referred to the committee on taxes re-referred to the committee on taxes any<00:50:23.079>
Keywords:
education funding, nonpublic schools, counseling services, guidance services, transportation for students, HF921, tax increment financing, TIF, excess tax increment, school district aid, levy adjustment, property tax levy, education finance, Minnesota education aid, decertification, local government finance, school funding formula, state aid reduction, referendum equalization aid, debt service equalization
MN
Transcript Highlights:
- of time, I’d just offer that this is not the place to look for money if we are looking for money in taxes
- are looking for look for money if we are looking for money<01:30:53.000>
in <01:30:53.239>taxes morning <01:30:54.560>we <01:30:54.719>heard <01:30:54.920>a money in taxes- this morning we heard a money in taxes this morning we heard a bill<01:30:55.320>
that <01:30:
Keywords:
railroad, infrastructure, transportation funding, environmental remediation, capital investment, HF921, tax increment financing, TIF, excess tax increment, school district aid, levy adjustment, property tax levy, education finance, Minnesota education aid, decertification, local government finance, school funding formula, state aid reduction, referendum equalization aid, debt service equalization
MN
Transcript Highlights:
- Welcome to the Tax Committee.
- As tax practitioners, we use published state letter rulings as a tool to provide tax guidance for our
- Her options currently are to collect and remit sales tax, perhaps overcharging customers a sales tax
- As we speak, we are looking to utilize unobligated pooled tax increment to help facilitate a $150 million
- In the previous testimony, you heard about the extension of the unallocated tax increment that was extended
Keywords:
individual income tax, retirement contributions, tax corrections, annuity contracts, tax year attribution, tax credit, economic development, community investment, data disclosure, Minnesota regulations, tax increment financing, municipal authority, job creation, transferred increment, public hearing, nonresident employees, income tax exemption, Minnesota taxation, employment duties, tax withholding
AL
Alabama 2026 1st Special Session
Alabama Senate Fiscal Responsibility and Economic Development Committee Mar 18th, 2026
Fiscal Responsibility and Economic Development
Bills:
SB370
MN
Transcript Highlights:
- to avoid complex tax situations. to avoid complex tax situations.
- As we speak, we are looking to utilize unobligated pooled tax increment to help facilitate a $150 million
- In the previous testimony, you heard discussion about the extension of the unallocated tax increment
- > was unallocated tax increment um that was unallocated tax increment um that was extended<00:35:
- before the uh house um tax committee. before the uh house um tax committee.
Keywords:
individual income tax, retirement contributions, tax corrections, annuity contracts, tax year attribution, tax credit, economic development, community investment, data disclosure, Minnesota regulations, tax increment financing, municipal authority, job creation, transferred increment, public hearing, nonresident employees, income tax exemption, Minnesota taxation, employment duties, tax withholding
AZ
Transcript Highlights:
- base for tax purposes.
- I love tax cuts.
- of the flat tax.
- tax authority.
- Although this body in the past has cut taxes, ushering in the lowest flat tax in the country, and in
Keywords:
judicial foreclosure, tax lien, redemption rights, excess proceeds, property auction, income tax, federal tax conformity, revenue analysis, legislative session, tax reporting, municipal fees, county fees, utility rates, moratorium, tax classification, local government, inflation, economic stability, tax increases, cost-of-living protection
Summary:
The committee first heard House Bill 2780, a technical cleanup measure related to Arizona’s judicial tax lien foreclosure and excess proceeds process. The sponsor and a witness said the bill clarifies when a court should order a public sale, standardizes distribution of sale proceeds, and corrects inconsistencies left from prior reforms. No opposition was raised, and the committee approved HB 2780 unanimously on a 9-0 do pass vote.
The committee then took up House Bill 4029, which would require the Governor’s Office of Strategic Planning and Budgeting and the Joint Legislative Budget Committee to evaluate the revenue impact of federal tax conformity changes earlier in the process, and would require the Department of Revenue to issue tax forms consistent with statute. An amendment was adopted to have OSPB and JLBC each make the evaluation and to require a governor’s report if the impact is $100 million or more, along with new reporting deadlines for DOR. Supporters argued the bill would force earlier action on conformity and prevent tax forms from diverging from statute; opponents said it added bureaucracy and could delay filing. The committee approved HB 4029 as amended by a 5-4 vote.
The committee also heard House Bill 4030 and the related HCR 2052, both aimed at limiting local tax and fee increases. HB 4030 would bar municipalities and counties from adopting, imposing, or collecting increased fees, transaction privilege taxes, and utility rates from July 1, 2026, through June 30, 2030. The sponsor said the measure was intended to protect taxpayers from inflation and rising local costs. Cities, counties, and utility representatives opposed the bills, warning they would hinder infrastructure financing, water and wastewater projects, road improvements, and public safety services, and could force general fund subsidies or delayed maintenance. Supporters argued local governments have seen substantial revenue growth and should be restrained from further increases. The committee did not reach a final vote on HB 4030 or HCR 2052 in the portion provided.
AL
Alabama 2026 1st Special Session
Alabama House Economic Development and Tourism Committee Mar 18th, 2026
Economic Development and Tourism
Transcript Highlights:
- That, per current law, a zone must be at least 50% the size of the tax increment district, uh, or the
- c> zone must be at least 50% the size of zone must be at least 50% the size of the<00:02:04.799>
tax - <00:02:05.759>
increment <00:02:06.320>district <00:02:07.439>uh <00:02:07.520 - >
or <00:02:07.759>the <00:02:07.920>t the tax increment district uh or the t the - tax increment district uh or the t district.<00:02:09.119>
Current <00:02:09.440>law <00
TX
Transcript Highlights:
- The SMR tax for the city of Coppell is a special sales tax utilized by cities across Texas to repair
- to propose the adoption of an M&O tax rate above the voter approval tax rate for a specific purpose.
- pay their taxes.
- As you may be familiar, there's an economic development tool called a TIRS, Tax Increment Reinvestment
- The unused increment rate gives taxing entities the ability to recapture tax capacity that they did not
Keywords:
municipal sales tax, street maintenance, local option tax, Tax Code Chapter 327, sales and use tax, street repair, sidewalk maintenance, water infrastructure, wastewater system, stormwater system, local election, ballot language, reauthorization, municipal finance, infrastructure funding, Texas municipalities, street and sidewalk tax, special district tax, public works, property tax
TX
Transcript Highlights:
- So this is a check and balance on tax increment reinvestment zones that they get a check on.
- A PFC allows eligible cities to capture incremental hotel-associated taxes from within a three-year period
- The fish don't pay taxes.
- , property taxes, and sales tax.
- They're paying taxes.
Keywords:
monuments, memorials, public property, historical significance, civil penalties, local governance, project financing zone, municipal tax revenue, convention centers, multipurpose arenas, infrastructure development, hike and bike trails, outdoor recreation, environmental stewardship, Bicentennial Trail, Texas history, cultural heritage, unemployment benefits, eligibility, Texas Workforce Commission
AL
Alabama 2025 Regular Session
Alabama House Mobile County Legislation Committee Apr 23rd, 2025
Mobile County Legislation
Transcript Highlights:
- Under existing law, Chairman, under existing law, counties and municipalities may create tax increment
- They borrow the money to be able to do those improvements, pledge the increased taxes and real estate
- Current law states that you cannot, if it's your tax increment districts total together, exceed 10% of
Bills:
HB567
MN
Transcript Highlights:
- less state control over the tax system. less state control over the tax system.
- the, uh, TCJA tax and jobs act of 2017. the, uh, TCJA tax and jobs act of 2017.
- income that's taxed in Minnesota. income that's taxed in Minnesota.
- tax.
- because it affects two tax types. because it affects two tax types.
Keywords:
January 6 insurrection, pardon, law enforcement, violent crimes, public safety, justice system, political accountability, Blaine, local sales tax, special tax, restaurant tax, lodging tax, admissions tax, amusement tax, hotel tax, redevelopment, capital improvements, municipal finance, bonding authority, tourism tax
MN
Transcript Highlights:
- tax increment financing to leverage ta tax increment financing to fund<00:07:49.720>
the <00:07 - c> house<00:12:03.399>
file tax increment financing so house file tax increment financing - <00:31:48.559>
increment allows a set aside of excess increment allows a set aside of excess - c> be<00:51:50.160>
captured the tax increment that can be captured the tax increment that - > those tax increments to finance those tax increments to finance those improvements<00:53:33.680
Keywords:
Oakdale, tax increment financing, local government, funding, urban development, tax increment, St. Paul, redevelopment, housing authority, housing trust fund, low-income housing, property taxation, Minnesota statutes, vacant property, housing, commercial to residential conversion, Minneapolis, urban redevelopment, public parks, tax capacity
LA
Keywords:
TOPS, education funding, workforce development, postsecondary education, Louisiana Works, tech training, declining enrollment, public schools, school districts, Louisiana Department of Education, state superintendent, school closures, budget cuts, teacher layoffs, school consolidation, education policy, enrollment decline, birth rates, migration, private schools
NM
Transcript Highlights:
- There is a provider tax that is paid by hospitals. And through that tax, we...
- Chair, Senators, so the taxes continue to get paid to all the taxing authorities as they were originally
- So the argument for, I think, the taxing authorities is you will receive a very large tax increase when
- Redeemable, or is this just a straight tax credit to income on income tax?
- Senator, yes, this is now a refundable tax credit for those that don't have tax liability.
Keywords:
SB 101, Health Care Delivery and Access Act, repeal of repeal, sunset repeal, delayed repeal, health care, healthcare, access to care, medical services, provider regulation, state health law, New Mexico, SB58, metropolitan redevelopment, redevelopment property, property tax exemption, payments in lieu of taxes, PILOT, municipal redevelopment, local government
MN
Minnesota 2025-2026 Regular Session
Elect Committee Meeting - 2026-03-11
Elections Finance and Government Operations
Transcript Highlights:
- funded by public dollars um tax funded by public dollars um tax revenues,<00:02:07.840>
financial - uh property management and and tax uh property management and and tax acquisition.<00:31:26.080>
- After the a property tax increase.
- Of a property tax increase.
- <00:55:42.240>
move um if property taxes move um if property taxes move at<00:55:44.240>
Keywords:
municipal nondisclosure agreement, NDA, public records, transparency, local government, county, city, town, school district, housing and redevelopment authority, economic development authority, port authority, economic development, land development, public financing, tax increment financing, TIF, abatement, municipal bonds, debt obligations
NM
New Mexico 2026 Regular Session
Senate - Tax, Business and Transportation Jan 27th, 2026 at 01:42 pm
Senate Tax, Business & Transportation
Transcript Highlights:
- And they can also use public-private partnerships, tax increment financing, and redevelopment plans.
- it be a weight-distance tax, motor vehicle excise tax, gas, diesel tax, registration fees, driver's
- Secondly, folks hate taxes, but what's great about this tax is folks hate taxes for paying it, but they
- They taxed groceries, they taxed whiskey, and they taxed peddlers.
- They taxed groceries, they taxed whiskey, and they taxed peddlers.
Keywords:
quantum technology, tax credit, infrastructure, economic development, New Mexico, corporate tax, research and development, innovation, foster care, income tax, guardianship, youth services, financial relief, affordable housing, gross receipts tax, tax deduction, construction materials, multifamily housing, low income, tax credits
AL
Alabama 2026 1st Special Session
Alabama House Economic Development and Tourism Committee Apr 1st, 2026
Economic Development and Tourism
Keywords:
AIDT, Alabama Industrial Development Training Institute, Department of Commerce, procurement, competitive bidding, contract review, legislative oversight, economic development, workforce development, Strategic Workforce Plan, state purchasing, state contracts, public procurement, exemption, higher education, universities, community colleges, public hospitals, health care procurement, transportation procurement
KY
Kentucky 2026 Regular Session
Interim Joint Committee on Appropriations and Revenue (7-17-24)
Keywords:
KY LRC YouTube, https://www.youtube.com/watch?v=tMYWlS2r8us, 2026-06-21T07:17:08+00:00, 2.2.24, Data collected via generic collector engine, Meeting start 00:00:00
Roll call 00:00:02
Department of Revenue and Office of State Budget Director 00:02:44
Kentucky Chamber of Commerce 00:26:08
Tax Increment Financing and the Individual Income Tax Rate Reduction Process 00:39:04, 958, all, 2.2.42, 2.1.47
OK
Oklahoma 2026 Regular Session
General Government REVISED: Links added Feb 3rd, 2026 at 01:30 pm
General Government
Transcript Highlights:
- This bill does not eliminate tax incremental financing.
- Bottom line, if public tax revenue is being redirected, those who pay that tax should have a say in where
- Any taxing entity that does not consent is excluded from the increment district.
- They're back-loaded as far as tax.
- And then the property taxes and sales taxes come in down the line.
Keywords:
purchasing, compliance, state employees, longevity pay, contract management, unclaimed property, service charges, property fund, accountability, government transparency, local development, economic impact, voter approval, tax increment financing, review committee, public finance, blight, salary increase, bonus limits, job performance
TX
Transcript Highlights:
- They don't have to have a tax number; they're tax exempt, yet we are taxed for inventory, and we just
- It's not a tax; it's a fee. Yeah. The fee is a tax; the tax is a fee, but you have to pay it.
- does, which some local governmental entities are using. to raise taxes excessively without voter approval
- Now, this is a county that raised their tax rate 9% using three years of increment, and my box, Adam,
- The increment rate has provided some flexibility to entities and has actually incentivized taxing entities
Bills:
SB467, SB325, SB867, SB994, SB1052, SB1237, SB1449, SB1531, SB2063, SB2172, SB2173, SB2520, SB2529, SB2538, SB2541, SJR46, SJR84
Keywords:
SB 467, Texas property tax, ad valorem tax, homestead exemption, residence homestead, fire damage, house fire, destroyed home, temporary tax relief, appraisal district, chief appraiser, local taxing unit, tax rollback, tax refund, Tax Code Chapter 11, prorated exemption, homestead improvement, disaster relief, property tax exemption, residential property