Transcript Highlights:

• Property tax exemption for physical improvements made to a single-family dwelling damaged by a natural
• Senate Bill 6114 defines the terms fixture and affixed for excise tax purposes.
• Washington imposes an excise tax upon each sale of real property.
• Turning to some property tax exemptions, there are several exemptions from property tax available in
• So I'm looking at the property tax exemption and the definition is changed.

Bills: SB6114, SB6244

Keywords: excise tax, definitions, tax law, taxation, fixtures, affixed, tax exemption, agriculture, hazardous substances, crop protection, warehousing, 904, all

Transcript Highlights:

• Some LECs qualify for a property tax exemption.
• For the purposes of the property tax exemption, the tax statute still has tax exemption, the tax statute
• It would be exempted from the real estate excise tax, but that's just at the transfer, and then the property
• would be exempt from property tax.
• tax exemption.

Bills: HB1983, HB1974, HB2334, HB2367, HB2650, HB2655

Keywords: timberland, real estate, excise tax, governmental entities, property taxation, land bank, land banking authority, affordable housing, housing crisis, housing supply, public corporation, public housing authority, nonprofit housing, tax-foreclosed property, blight remediation, redevelopment, anti-displacement, equity, redlining, racial segregation

Summary: House Finance held public hearings on several bills. HB 2451, a substitute bill on local tax increment financing, would add conditions on where increment areas can be designated, require more detailed project analyses and earlier notice/consultation with affected taxing districts, expand dispute resolution steps, and exempt preexisting TIF areas from some changes; cities, ports, and fire/public safety stakeholders testified in support, saying the bill reflects a negotiated compromise and improves protections for impacted districts. HB 2322 would change the alternative jet fuel incentive program from a production-capacity trigger to a date-certain start, add carbon-intensity scoring for fuels outside the Clean Fuels Program, and extend the credits through 2046; supporters said it gives certainty and helps develop sustainable aviation fuel, while an opponent argued the bill subsidizes continued fuel burning and urged reducing flights instead. HB 2590 would exempt limited equity cooperatives from WUCIOA unless they opt in, move and revise the statutory definition of LECs, and let cooperatives set certain resale and return terms in their governing documents; supporters said it removes mismatched legal barriers to affordable homeownership, while members raised concerns about unintended restrictive eligibility rules and asked about fair housing limits. HB 2655 would create a new sales and use tax exemption for certain new data centers in a specific eastern Washington county, conditioned on labor standards, job creation, and sustainability certifications; labor and economic development supporters said it would bring jobs and support related clean-energy projects, while opponents criticized the subsidy and the project labor/community workforce agreement requirements. The committee then took executive action and reported out HB 1983, HB 1974 as amended, HB 2334 as amended, HB 2367, and HB 2650, all with do-pass recommendations; HB 2367’s amendment to remove the emergency clause failed, and the committee adjourned after passing HB 2650 unanimously.

Transcript Highlights:

• Chair Davids and committee members, my bill, HF 1126, seeks to establish a property tax exemption for
• HF 1126 seeks to establish a property tax exemption for the Leech Lake Band of Ojibwe Twin Cities office
• This bill would authorize a property tax exemption that would apply to the Leech Lake Band of Ojibwe
• as</c><00:14:05.759><c> the</c> exempt property tax status as the exempt property tax status as the members
• </c><00:14:42.839><c> operation</c><00:14:43.279><c> of</c> tax exemption based on the operation of tax

Bills: HF1126, HF967, HF1066, HF1669, HF926

Keywords: property tax, Indian Tribe, tax exemption, Minnesota, public charity, property tax exemption, Minnesota statutes, unorganized territory, federally recognized, soil conservation, water conservation, local government aid, environmental funding, Minnesota legislation, tax credits, sustainable aviation fuel, environmental policy, corporate franchise, Minnesota taxation, tobacco

Transcript Highlights:

• More broadly, the problem is clear: sales tax and excise tax on electric buses, which have higher capital
• As tax-exempt entities, districts won't pay the sales tax, excise tax, or even fuel tax that we private
• So by capping the valuations used for the calculations of sales and excise tax at the valuations for
• the equivalent diesel... ...calculations of sales and excise tax at the valuations for the equivalent
• The means-tested senior citizen property tax exemption in the town of Sudbury.

Bills: H3012, H4008, H4435, H4444, H4526, H4547, H4574, H4575, H4576, H4577, H4585, H4605, H4687, H4703, H4722, H4754, H4755

Keywords: fines, property valuation, commercial property, real estate, tax penalties, property taxes, local option tax, marijuana sales, Salem, revenue generation, taxation, recreation, local government, commercial activities, Charlemont, property exemption, disabled persons, Swampscott, senior exemption, property tax

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.

Transcript Highlights:

• And third, it repeals the coal sales and use tax exemptions.
• There are several tax exemptions in the bill as well.
• from property tax or leasehold excise tax.
• In addition, the bill exempts all property sales to or by a land bank from real estate excise tax.
• And effective dates for certain excise taxes.

Bills: HB2367, HB1974, HB2650, HB2626

Keywords: coal-fired plant, preferential treatment, energy policy, electric generation, regulatory reform, land bank, land banking authority, affordable housing, housing crisis, housing supply, public corporation, public housing authority, nonprofit housing, tax-foreclosed property, blight remediation, redevelopment, anti-displacement, equity, redlining, racial segregation

Summary: House Finance heard public testimony on several bills. HB 2367 would end certain exemptions for the Centralia coal plant by limiting its Climate Commitment Act exemption to pre-2026 emissions, removing restrictions on additional greenhouse gas requirements, and repealing coal sales and use tax exemptions. Staff and the sponsor said the bill would help keep the plant’s transition away from coal on track; business and utility-related witnesses asked for amendments to preserve allowance market stability, while climate advocates strongly supported the bill. The hearing was closed without a vote. HB 1974 would authorize public housing authorities, public corporations, and nonprofits to operate as land banks for affordable housing, give counties priority to land banks for tax-foreclosed property, and create property tax, leasehold excise tax, and REET exemptions tied to land bank activity, with a JLARC review required. The sponsor and supporters said the bill would help move underused and public land into affordable housing production, including starter homes and mixed-income projects. One question focused on whether public land should remain in public ownership longer-term; the sponsor said land banks and land trusts can work together, but financing can be difficult with very long covenants. The hearing was closed. HB 2650, an agency-request bill from the Department of Revenue, would standardize notice and effective-date rules for local REET and lodging tax changes and clarify documentation for affordable housing sales and use tax deferrals. DOR said the changes would improve administration with minimal fiscal impact, and the bill’s sponsor described it as a simple alignment measure. The only public testimony was from DOR in support, and the hearing was closed. HB 2626 would raise the premium tax on health maintenance organizations, health care service contractors, and self-funded multiple employer welfare arrangements from 2% to 3%, remove a dentistry-related exemption, and create a new 1% tax on certain disability and group stop-loss insurers. The sponsor said the bill is intended to help backfill expected health care funding gaps and support Apple Health and subsidies, and asked about a possible amendment to prevent pass-through to consumers. Insurers, business groups, and dental plans opposed the bill, warning it would raise premiums, reduce affordability, and potentially affect employer coverage decisions; patient and advocacy witnesses supported the revenue concept but urged that proceeds be directed to health care subsidies and protections against pass-through. No vote was taken, and the committee also announced amendment deadlines and a 4 p.m. meeting the next day.

Transcript Highlights:

• House Bill 2140 exempts land sold or transferred to a governmental entity from additional tax when the
• House Bill 2140 exempts land sold or transferred to a governmental entity from additional tax when the
• An exemption from a tax preference performance statement, JLARC review, and the 10-year expiration are
• However, it's unknown how many property owners would be exempted from the additional tax.
• Under HB 2100, this will introduce a new 5% payroll excise tax on wages and remunerations.

Bills: HB2334, HB2140, HB2326, HB2100

Keywords: cash transactions, pennies, currency adjustment, economic impact, consumer protection, tax exemption, governmental transfer, agriculture, land use, property tax, emergency medical services, levies, healthcare funding, local government, taxation, excise tax, large companies, payroll expenses, minimum wage, Well Washington fund

Summary: The committee first heard House Bill 2140, which would exempt land sold or transferred to a governmental entity from the additional tax owed when land is removed from an open space current-use classification in certain circumstances. Staff explained the bill’s current-use tax rules and noted the fiscal impact is expected to be minimal but indeterminate. Representative Lowe said the bill is meant to fix a narrow problem where a county takes a small frontage strip for public purposes and the owner is still charged back taxes; FutureWise testified in support of the intent but asked for language tweaks to ensure the transferred land does not later become incompatible with agricultural or open-space use. The hearing on HB 2140 was then closed. The committee then heard House Bill 2326, which would allow a fire protection district to impose an EMS levy on the portion of its district not already covered by another taxing district’s EMS levy, with voters in the affected area approving it. Fire district and fire chief representatives testified in support, describing situations where a small overlap prevents most residents in a district from voting on or funding EMS service. Opponents argued the bill would add to property tax burdens. Testimony concluded and the hearing was closed. Next, House Bill 2334 was heard, responding to the federal decision to stop minting new pennies by setting rules for rounding cash transactions to the nearest five cents. Staff said rounding would apply only to cash payments and would occur after taxes and fees are included; the fiscal note was described as indeterminate but minimal at the state level, with some implementation costs. Retail and grocery groups generally supported the bill but requested clarifying amendments and protections related to tax obligations, consumer lawsuits, SNAP equal-treatment rules, and local ordinances; other testimony supported the measure as a practical response to the penny’s disappearance. The hearing was then closed. Finally, the committee heard House Bill 2100, a proposed payroll expense tax on large operating companies to fund the new Well Washington Fund for higher education, health care, cash assistance, energy, and housing, with an oversight board and a credit for eligible city payroll taxes. Staff described a substitute narrowing the bill to employers with 250 or more employees and at least $7 million in payroll, with several public-sector and health-related exemptions; the fiscal note projected substantial revenue. Supporters, including labor, poverty, housing, health, and faith advocates, said the bill would help offset federal cuts and protect vulnerable residents. Business, retail, hospitality, construction, and chamber representatives opposed it, warning about job losses, higher costs, and harm to competitiveness. The prime sponsor said the bill is intended as a near-term response to federal funding cuts, and testimony continued with many additional witnesses before the transcript ended.

Bills: HB2431, HB2583, HB2278, HB2584, HB2610, HB2615

Keywords: HB 2431, Washington property tax, nonprofit exemption, public assembly hall, meeting place, fundraising activities, charitable organizations, property tax exemption, RCW, tax exemption, nonprofit hall, event venue, scheduled fundraising, limited use, rental of exempt property, loan of property, sunset clause, temporary tax law, Ways & Means, Finance Committee

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.

Transcript Highlights:

• Right now, this tax is dedicated.
• </c><00:18:28.799><c> tax</c> the solid waste management tax tax the solid waste management tax tax revenues
• and even property tax revenue.
• He explained that sales tax laws say that if an item is to be used in the home, it is exempt.
• and our taxes have gone up 67%.

Bills: HF1359, HF1829, HF290, HF1933, HF926

Keywords: solid waste management, resource management account, environmental fund, taxation, Minnesota statutes, homestead, property tax, classification, disability, resort properties, recreational use, commercial property, tax refund, estimated tax, interest on refunds, income tax, corporate franchise tax, S corporation, partnership, corporation

Transcript Highlights:

• A sales tax exemption, to consider targeted exemptions such as this.
• Tax exemptions are a tough issue for our members.
• Counties simply can't afford more sales tax exemptions.
• that is granted a property tax exemption for a different use.
• This legislation strikes critical property tax exemption.

Bills: HB2376, HB2584, HB2610, HB2615, HB2089, HB2194, HB2257, HB2528, HB2175, HB2334

Keywords: property tax, reform, local government, taxpayer, funding, agriculture, tax exemption, farm machinery, equipment, sales tax, HB 2610, property tax exemption, nonprofit housing, affordable housing, low-income housing, community use, temporary use, charitable property, Washington property tax, Department of Revenue

Summary: House Finance held public hearings on several tax-related bills. HB 2584 would create a sales and use tax exemption for qualifying farm machinery and equipment purchased by eligible farmers, with the sponsor and supporters saying it would help struggling agricultural producers, encourage investment in more efficient and environmentally beneficial equipment, and support rural economies. County representatives opposed extending the exemption to local sales taxes, warning that counties rely heavily on sales tax revenue and cannot absorb additional exemptions. HB 2376 would consolidate the state’s two school property tax levies into one, expand and simplify property tax relief for seniors, people with disabilities, and veterans, and change how disposable income is calculated for eligibility. Supporters, including county officials and assessors, said it would help people age in place and make the program easier to use, while opponents argued it would raise taxes for some property owners and expand the state school levy. The committee also heard HB 2610, which would broaden a property tax exemption for nonprofit homeownership development so temporary nonprofit or community uses would not jeopardize the exemption; supporters said it would help nonprofits manage land during long predevelopment periods. HB 2615 would codify the Department of Revenue’s voluntary disclosure agreement program and create a temporary tax amnesty period for certain B&O, public utility, and sales/use tax liabilities. The sponsor and several tax and business witnesses said it would bring taxpayers into compliance, generate revenue, and help small businesses correct honest mistakes, while questions were raised about eligibility language for businesses involved in criminal tax prosecutions. After the hearings, the committee moved into executive action and reported HB 2194, HB 2257, HB 2528, and HB 2175 out of committee with due pass recommendations, with recorded votes showing support from most members and opposition from a minority on HB 2194 and HB 2528. The chair announced that HB 2584, HB 2610, and HB 2615 would be scheduled for executive session the following day, with no amendments allowed.

Transcript Highlights:

• So as you heard, we already have a tax exemption from real estate excise tax for affordable homeownership
• So as you heard, we already have a tax exemption from real estate excise tax for affordable homeownership
• This bill extends an existing real estate excise tax exemption currently limited to self-help homeownership
• estate excise tax.
• Housing sales from real estate excise tax.

Bills: HB2175, HB2227, HB2528, HB2292, HB2257, HB2608

Keywords: durable medical equipment, sales tax exemption, healthcare accessibility, cost reduction, nonprofit providers, affordable housing, real estate tax, exemption, housing policy, tax incentives, real estate excise tax, REET, growth management act, GMA, local government finance, capital facilities plan, comprehensive plan, county tax, city tax, voter approval

Summary: House Finance heard a series of bill briefings and public hearings on tax and revenue measures. HB 2175 would exempt free durable medical equipment providers from retail sales and use tax on certain equipment purchases; the sponsor and a nonprofit provider testified that the bill would help charitable organizations furnish wheelchairs, walkers, scooters, beds, and similar items at no cost to patients, while staff said the Department of Revenue expects a small general fund revenue loss and some administrative costs. HB 2608, a reintroduced version of last year’s HB 1210, would require nuclear facility projects seeking the targeted urban area property tax exemption to meet specified labor standards and allow cities extra time to complete projects; supporters said it would help attract major clean-energy manufacturing and jobs, while opponents from contractor groups, environmental advocates, and others objected to the PLA/labor requirements, the tax preference for nuclear projects, and the potential impact on competition and local taxpayers. The committee also heard HB 2227, which would extend an existing REIT exemption for self-help housing to other nonprofit affordable homeownership programs such as community land trusts; sponsors and housing providers said it would lower closing costs and preserve long-term affordability, and staff said the exemption applies to the nonprofit-to-buyer sale, not later resales. HB 2528 would let counties and cities that voluntarily fully plan under the Growth Management Act impose the second local REIT without voter approval; supporters said it would give all GMA cities the same tools to fund sidewalks, ADA work, and other infrastructure, while opponents argued it would raise homeownership costs and remove voter approval for a tax increase. The committee then heard HB 2292, which would subject gains from qualified small business stock to Washington’s capital gains tax beginning in 2026. Staff said the bill would affect about 260 taxpayers and raise roughly $1.2 million in fiscal year 2027, while the sponsor argued it closes a loophole that mainly benefits wealthy investors and does not affect the standard deduction or other existing exemptions. Testimony split sharply: tax policy advocates supported the bill as a way to make the tax code less regressive, while startup founders, venture and tech industry representatives, and small business groups warned it would discourage investment, hurt founders and early employees, and push innovation activity out of state. Finally, HB 2257 was briefed as a Department of Revenue request bill making technical and administrative tax-code changes, largely to codify guidance tied to last year’s sales-tax-on-services legislation; staff said the changes are intended to clarify definitions, exclusions, sourcing, and related tax treatment, and DOR testified in support, explaining that the bill would give taxpayers statutory certainty for rules the department has already been enforcing administratively.

Transcript Highlights:

• These expenditures include costs associated with making system changes, amending the excise tax advisory
• from property taxes beginning in calendar year 2028. 2020 is exempt from property taxes beginning in
• was enacted in 2023 and the accompanying personal property tax exemption.
• The personal property tax exemption for qualified renewable energy facilities is exempt from the requirements
• an alternate excise tax, and then allocating that alternate tax on roughly the same formula as the property

Bills: HB1960, HB2194, HB2089

Keywords: HB1960, renewable energy, clean energy, solar, wind, battery storage, energy storage, excise tax, property tax exemption, local investment, county revenue sharing, local taxing districts, school districts, Department of Revenue, Department of Commerce, model ordinance, siting, permitting, tribal consultation, tribal capacity grants

Summary: House Finance held hearings on three bills. HB 2194 would allow a county and a city within that county to both impose the cultural access sales and use tax at the same time, with the county providing a credit for the city tax. The sponsor said the bill would fix an unfair limitation and expand support for arts, science, and cultural programs. Olympia and Thurston County representatives testified in support, citing grants to local cultural organizations, free programming, and school access. A committee member asked about whether concurrent taxes could affect county bond repayment, and the testifier said he would follow up. No vote was taken. HB 2089 would remove the current requirement that a financial institution be located in 10 or more states in order to lose a B&O tax deduction on interest from certain mortgage-related loans, with the resulting revenue directed to the wildfire response, forest restoration, and community resilience account. Staff estimated the bill would raise significant revenue and affect about 450 taxpayers. The sponsor said the bill restores wildfire funding cut in the prior session by narrowing a tax preference that he said had primarily benefited large institutions rather than community banks. The Department of Natural Resources and public employees representing wildfire workers supported the bill as a way to restore wildfire preparedness funding. The Washington Bankers Association and community bankers opposed the bill as drafted, saying it would harm community banks and that they were working on revised language; they also said credit unions are not subject to B&O tax. No vote was taken. The committee then heard a proposed third substitute for HB 1960, a complex bill that would exempt certain renewable energy facility personal property and battery storage systems from property tax and replace that tax with a state and local excise tax based on generating or storage capacity. The bill would also create a local investment distribution account, make tribal capacity grants permanent, and set conditions for counties to receive grant funds tied to siting and consultation requirements. The sponsor said the goal is to levelize taxes over the life of wind, solar, and storage projects so local communities are not left with a shifting tax burden, and described the measure as a compromise. County officials, assessors, treasurers, the Department of Revenue, and conservation groups generally supported the approach but asked for clearer definitions, payment timing, and rate adjustments. Utilities and some renewable energy developers were in respectful opposition or signed in as con, saying the rates may be too high, the bill may not be workable for centrally assessed utilities, and some provisions need further refinement. The hearing ended without a vote, and the committee adjourned.

Transcript Highlights:

• tax exemption.
• tax exemption.
• We have some concerns, I do, with regards to the ever-increasing expansion of taxes, property tax, excise
• tax, real estate tax, et cetera.
• We know how Excise tax, real estate tax, etc.

Bills: HB1974, HB2118, HB2236, HB2269

Keywords: land bank, land banking authority, affordable housing, housing crisis, housing supply, public corporation, public housing authority, nonprofit housing, tax-foreclosed property, blight remediation, redevelopment, anti-displacement, equity, redlining, racial segregation, deed restriction, affordability covenant, property tax exemption, excise tax exemption, predevelopment

Summary: The House Housing Committee met to executive several bills after a staff briefing on proposed substitutes and amendments. House Bill 1974, the land bank bill, was explained as being narrowed from the original version by removing several county oversight and grant-program provisions, while adding annual reporting and a real estate excise tax exemption. Members discussed land banking as a tool to support affordable housing, but some raised concerns about expanding tax exemptions and the effect on private developers and local tax bases. The committee voted 10-7 to report the substitute bill out with a due pass recommendation. House Bill 2236, dealing with Housing Finance Commission authority, was presented with a substitute clarifying that the commission may not make residential mortgage loans directly to individual homebuyers for owner-occupied housing, while allowing certain down-payment assistance and emphasizing that the commission is not intended to function as a retail mortgage lender. Discussion focused on whether removing language about using public funds could create concern about state-backed lending; supporters said the bill modernizes outdated law and clarifies intent, while opponents worried about taxpayer exposure and competition with private lenders. The committee voted 13-4 to advance the substitute. House Bill 2269, on middle housing and on-site sewage systems, was described as restoring current law so any county may allow middle housing in LAMIRDs, while limiting septic use to middle housing in LAMIRDs and requiring public sewer in non-rural counties. The sponsor said the substitute reflected collaboration with stakeholders and was a step toward expanding middle housing in rural areas. The committee unanimously approved the substitute 17-0. House Bill 2118 was discussed in staff briefing but was not moved during the executive session.

Transcript Highlights:

• As a brief background, Washington provides a property tax exemption for multi-purpose senior centers
• As a brief background, Washington provides a property tax exemption for multi-purpose senior centers
• House Bill 1983 relates to the application of the real estate excise tax with respect to the sale of
• By way of background, the real estate excise tax... Thank you.
• Until roughly six years ago, the real estate excise tax rate was a uniform 1.28%.

Bills: SB6003, HB2353, HB2431, HB1983

Keywords: capital budget, funding, infrastructure, state projects, budget allocation, HB 2353, predesign thresholds, capital construction, major capital projects, Office of Financial Management, OFM, Washington state, state agencies, infrastructure planning, construction costs, inflation adjustment, capital facilities, project review, allotments, lease approval

Transcript Highlights:

• </c> tax subsidized. tax subsidized.
• There's no tax here. So you add on the door tax.
• </c> from Tax Foundation. from Tax Foundation.
• </c> general excise tax has a permitting general excise tax has a permitting effect<01:26:54.159><c>
• This bill supports affordable housing by allowing HHFDC to certify generalized access tax exemptions

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:

• It exempts emergency medical care and service tax levies from the apportionment of tax allocation within
• Whenever you exempt somebody from paying property tax, it doesn't take the actual tax off of being paid
• This tax exemption is already on the books.
• This tax exemption is already on the books. This tax exemption is already on the books.
• This doesn't authorize any new tax exemption.

Bills: HB2713, HB2730, HB2297, HB2487, HB2382, HB2089, HB2431, HB2451, HB2590, HB2325, HB2278, HB2224, HB2322

Keywords: private detention facilities, business tax, occupation tax, financial impact, state revenue, aerospace, tax preferences, effectiveness, economic impact, grocery stores, underserved communities, food access, incentives, economic development, insurance tax, state regulation, insurers, taxation, budget impact, excise tax

Transcript Highlights:

• This is just a small change to the annual tax exemption budget.
• The annual tax exemption budget is typically due in the first week or so of March.
• collector for each parish to create an annual tax exemption budget related to local sales and use tax
• exemptions that largely mirrors the tax exemption budget, or T.E.B., relative to state taxes that the
• So this will put a requirement on local taxing authorities to provide the level of tax exemption that's

Bills: HR118, HB1120, SCR11, SB73, SB89, SB128, SB149, SB180, SB191, SB196, SB238, SB318, SB340

Keywords: water utility, tax credit, excessive rates, residential service, subcommittee, tobacco tax, excise tax, smokeless tobacco, vapor products, public health, FDA, risk-proportionate, tax credits, higher education, workforce development, brain drain, economic incentives, SB 73, Act 10, Act No. 774 of 2024

Bills: SF0110, SF0096

Keywords: property tax, residential real estate, tax assessment, primary residence, tax revenue, tobacco, excise tax, wholesalers, remote retail sales, nicotine products, youth prevention, regulation, licensing, 916, all

Transcript Highlights:

• against the real estate excise tax imposed by the state.
• against the real estate excise tax imposed by the state.
• excise tax imposed by the state, and it also provides that the sales and use tax for the benefit of
• estate excise taxes.
• estate excise tax. ...thing that we can do, whether it be on property tax or real estate excise tax

Bills: HB1717, HB2133, HB2135, HB2140, HB2442, HB2559

Keywords: affordable housing, sales tax, housing programs, tax incentives, economic development, property tax, senior citizens, tax exemption, local government funding, permanent legislation, adaptive housing, disabled veterans, tax preferences, housing affordability, retail sales tax, governmental transfer, agriculture, land use, local government, tax authority

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.

Bills: HB397, HB523, HB397

Keywords: real estate, disclosures, equitable interest, disciplinary actions, Alabama Real Estate Commission, parole procedures, advocacy, parole board, victim representation, inmate rights, HB397, homestead exemption, ad valorem tax, property tax, tax relief, senior exemption, elderly homeowners, retiree exemption, disability exemption, blind exemption

Bills: HB473, HB397, HB397

Keywords: water recreation, public access, water bodies, recreational use, water commissions, real estate, disclosures, equitable interest, disciplinary actions, Alabama Real Estate Commission, HB397, homestead exemption, ad valorem tax, property tax, tax relief, senior exemption, elderly homeowners, retiree exemption, disability exemption, blind exemption