Transcript Highlights:

• The coalition supports efforts to conform state tax law to HR1, the federal tax bill passed in 2025,
• to HR1 the federal conform state tax law to HR1 the federal tax<00:37:02.400><c> bill</c><00:37:02.720
• </c> conforming with these changes to federal conforming with these changes to federal tax<00:42:29.599
• </c><00:46:29.520><c> keeping</c> federal tax conformity is about keeping federal tax conformity is about
• NFIB supports this bill, which seeks to conform Minnesota's tax code to changes that the federal tax

Bills: HF3127, HF3816, HF3814, HF3815, HF3817

Keywords: taxation, pass-through entity, qualifying owner, partnership, S corporation, tax return, corporate franchise tax, individual income tax, research expenditures, federal compliance, Minnesota Statutes, income tax, corporate tax, section 179, federal conformity, HF3815, Minnesota taxes, tax conformity, Internal Revenue Code, IRC conformity

Transcript Highlights:

• Most years, tax conformity, as you know, is very minor.
• changes they need to to those forms on small tax conforming issues?
• is your starting point for the tax code, they're going to assume conformity on those changes.
• They assume federal conformity when preparing the forms. That helps taxpayers file on time.
• If we want to conform, we need to act on that before the tax forms are issued.

Bills: HB2780, HB4029, HB4030, HCR2052

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

Transcript Highlights:

• So, what this is is a federal conformity bill. That maximum allocation was $5,000.
• </c> as a deductible amount federally. as a deductible amount federally.
• </c><01:15:17.920><c> And</c> the tax omnibus bill. And the tax omnibus bill.
• </c> he's needed in taxes. he's needed in taxes.
• </c> taxes but you're highly wanted in taxes. taxes but you're highly wanted in taxes.

Bills: HF495, HF4321, HF3902, HF4161, HF3755

Keywords: day care, tax subtraction, child care costs, licensed child care, dependent care assistance, HF4321, dependent care assistance programs, gross income exclusion, federal conformity, Internal Revenue Code, individual income tax, Minnesota tax law, tax conformity, child care assistance, employer-provided dependent care, taxable income, state income tax, retroactive tax change, family care benefits, housing tax credit

Transcript Highlights:

• dollars and federal tax dollars, for that matter.
• There's numerous federal tax credit dollar-for-dollar tax credits out there.
• As you know, Arizona income tax starts with federal adjusted gross income, so we assume full conformity
• to any tax changes at the federal level.
• not federal adjusted gross income, we do conform to that?

Bills: SB1042, SB1043, SB1044, SB1135, SB1136, SB1142, SB1180, SB1221, SB1252, SB1254, SCR1003

Keywords: public funds, virtual currency, bitcoin, investment, Arizona Strategic Digital Asset Reserve Act, state treasurer, retirement system, state payments, cryptocurrency, Arizona law, payment methods, government transactions, property tax, tax exemption, Arizona Revised Statutes, digital currency, workers' compensation, death benefits, burial costs, spousal compensation

Transcript Highlights:

• </c> in the federal tax code. in the federal tax code.
• It's federal conformity to the no tax on tips provisions of the federal law.
• But that’s not where we’re at, and conforming with federal tax policy on no tax on tips and no tax on
• ><c> federal</c><01:07:47.240><c> uh</c><01:07:47.400><c> tax</c> and conforming with federal uh tax
• But in lieu of that, members, we should conform with federal tax on no tax on overtime and tips because

Bills: HF3127, HF3524, HF3525, HF3754

Keywords: taxation, pass-through entity, qualifying owner, partnership, S corporation, tax return, overtime compensation, tax deduction, income tax, federal regulations, tax reform, tip income, federal tax deduction, Minnesota Statutes, individual income, employer contributions, Trump accounts, federal law, gross income exclusion, 1183

Transcript Highlights:

• I don't want to pay that tax'?
• The idea is that we should be proactive whenever there are substantial changes in the federal tax...
• on whether we're going to conform or not conform.
• in the federal adjusted gross income... ...and whether conforming with the changes in the federal adjusted
• conformity conversation.

Bills: HB2091, HB2140, HB2320, HB2384, HB2398, HB2502, HB2780, HB2918, HB2939, HB2950, HB2999, HB4020, HB4026, HB4029

Keywords: insurance, financial surveillance, regulations, assessments, Arizona Revised Statutes, investment, state treasurer, gold bullion, treasury management, financial regulations, school districts, bonds, financial advisors, elections, municipal advisors, cost of borrowing, lease agreements, school property, tax exemptions, impact aid revenue bonds

Transcript Highlights:

• They say that we're going to intend to align our tax code with the federal tax code.
• Every year, the federal tax code gets adjusted, sometimes oftentimes.
• Above the line, we're going to presume we can conform for purposes of putting the tax forms out there
• We have conformed for all tax years beginning from and after December 31st, 2024.
• The modification is for tax year 2025; we're conforming to tax year 2024.

Bills: SB1042, SB1043, SB1067, SB1180, SB1221, SB1292, SB1503, SCR1033

Keywords: public funds, virtual currency, bitcoin, investment, Arizona Strategic Digital Asset Reserve Act, state treasurer, retirement system, state payments, cryptocurrency, Arizona law, payment methods, government transactions, tax lien, property tax lien, real property tax lien, foreclosure, right of redemption, redeem, excess proceeds, county abatement lien

Transcript Highlights:

• I formerly worked as a tax lawyer.
• tax returns show zero due.
• There was a time where the property tax in Arizona is what I call king tax.
• We didn't have income tax. We didn't have sales tax. We had property tax.
• our property tax system.

Bills: HB2016, HB2104, HB2105, HB2288, HB2289

Keywords: tax penalties, filing, tax returns, administration, Arizona Revised Statutes, agricultural property, classification, county assessor, property inspection, appeal process, property tax, agricultural classification, Department of Revenue, property valuation, inspection notice, inspection report, on-site inspection, full cash value, rural land, farm land

Transcript Highlights:

• It would federal law or regulations.
• bad, saying that we cannot go above the federal law and federal law says we cannot go below that, I
• ><c> says</c> When the federal government says When the federal government says anything<00:14:26.160
• agencies when where he said the federal agencies when the<00:15:34.000><c> federal</c><00:15:34.240>
• because he explained the federal level?

Bills: SB71, SB71

Keywords: environmental regulation, federal standards, scientific evidence, water quality, administrative law, income tax, tax exemption, Alabama tax code, Section 40-18-3, civilian employees, Department of Defense, DoD, Armed Forces, military pay, combat zone, deployment, National Guard, Reserve components, emergency response, federal employees

Transcript Highlights:

• It's basically regarding the passage of recent exemptions with the use tax.
• We're putting together both the... ...sales tax and the use tax, kind of in the same categories.
• Members of the committee, HB 226 deals with the property tax exemption.
• Well, isn't it, if you get a tax bill, is it to the owner that would be on the deed?
• So on top of that, those are both changes at the federal levels, right? Yes, they are.

Bills: HB205, HB226, HB234

Keywords: sales tax, use tax, exemption, tax conformity, tangible personal property, Alabama Department of Revenue, retail tax, consumer use tax, nonresident, religious publications, church magazines, Bible class materials, Sunday school materials, tax administration, indirect tax, state revenue, HB226, homestead exemption, ad valorem tax, property tax

Transcript Highlights:

• It allows us to introduce extraneous bad acts of the defendant to show character conformity, which would
• And so, um, You know, it is to show conformity with that pattern character and additionally to address
• allow extraneous evidence unless we're using it for something else other than to show character conformity
• Um, because it says that before that Section 2 evidence, that conformity evidence that we're talking

Bills: HB207, HB235

Keywords: HB 207, Texas Government Code, Section 411.201, license to carry, LTC, handgun license, concealed carry, federal judge, immigration judge, immigration court, U.S. immigration court, judicial security, firearm carry permit, Texas handgun license, federal judiciary, HB235, Texas, sales tax exemption, use tax exemption, disabled veteran

Transcript Highlights:

• </c> it as a federal prosecution. it as a federal prosecution.
• </c> formerly worked for the federal formerly worked for the federal government?
• </c> out the federal thing totally separate. out the federal thing totally separate.
• And so we've got this, um, it's in our severance tax statutes where you've got federal ownership that
• Property tax.

Bills: HB0130, HB0147

Keywords: Second Amendment, firearms, state rights, federal regulation, law enforcement, civil penalties, government liability, property tax, homeowner exemption, Wyoming, voter initiative, tax legislation, 916, all

Transcript Highlights:

• </c><00:27:51.800><c> tax</c> debate is the significant federal tax debate is the significant federal
• <00:28:09.240><c> tax</c><00:28:09.600><c> cuts</c> federal tax cuts federal tax cuts of more<00:28:10.520
• ><c> federal</c><00:30:30.360><c> tax</c><00:30:30.640><c> bills</c> will be paying higher federal tax
• Policymakers should focus on growing the economic pie through opportunities such as federal tax conformity
• </c><01:24:36.160><c> is</c><01:24:36.320><c> federally</c> a wealth tax is federally a wealth tax is

Bills: HF4621, HF4123, HF4616, HF1183

Keywords: child tax credit, financial assistance, low-income families, state revenue, tax policy, net investment income, taxation, business income, self-employment, tax increase, wealth tax, fairness, public services, high-income earners, economic equity, Internal Revenue Code, employee classification, federal law, Minnesota statutes, 1183

Transcript Highlights:

• Molly, so just to verify, this is only that DOR would conform to the tax items that are above the line
• Things like no tax on tips would have not been conformed to because— just any questions the Department
• Chair Molly so just to verify this is only that DOR would conform to the tax items that are above the
• business deductions those would have been conformed to things like no tax on tips would have not been
• conformed to because Things like no tax on tips would have not been conformed to because they're below

Bills: SB1180, SB1215, SB1270, SB1290, SB1292, SB1294, SB1430, SCR1028

Keywords: income tax, conformity, Arizona Revised Statutes, taxpayer, federal regulations, firefighters, occupational disease, workers compensation, cancer presumption, police officers, hazardous duty, SB1270, Arizona retirement system, public safety personnel, defined contribution plan, correctional officers, corrections officers, retirement contributions, supplemental contributions, retention incentive

Transcript Highlights:

• It's from LSA and the Department of Revenue, both concerning use tax and ...use tax and sales tax are
• We take advantage of the federal funding for Medicare benefits, and so we do it through a product, the
• a longer contract is because it lets the vendors work more with our risk scores to draw down more federal
• But... to draw down more federal funding.

Bills: HB315, HB152, HB205, SB184, SB209, HB309, SB280, SB267

Keywords: sales tax, local exemption, Consumer Price Index, tax holiday, clothing tax exemption, school supplies, sales tax exemption, baby supplies, baby formula, maternity clothing, menstrual hygiene products, use tax, exemption, tax conformity, tangible personal property, Alabama Department of Revenue, retail tax, consumer use tax, nonresident, religious publications

Transcript Highlights:

• The federal low-income housing tax credit is the main way the federal government funds affordable housing
• </c><00:02:15.720><c> tax-exempt</c> gets a set amount of federal tax-exempt gets a set amount of federal
• </c> tax credit is the main way the federal tax credit is the main way the federal government<00:02:22.880
• </c> safe harbor for repaying federal taxes. safe harbor for repaying federal taxes.
• our tax code a federal shouldn't have in our tax code a federal provision<01:36:20.320><c> which</c><

Bills: HF4234, HF3697, HF1183, HF4738

Keywords: HF4234, Minnesota private activity bonds, tax-exempt bonds, bond cap, aggregate bond limitation, residential rental projects, multifamily housing, affordable housing finance, housing bonds, public finance, bond allocation, private activity bond cap, Minnesota Statutes 474A.02, tax committee, tax refund, Minnesota Statutes, time limit, claims, tax overpayment, taxation

Transcript Highlights:

• Senate Bill 502 changes the state statute so that the state of Florida will provide concurrent, both federal
• legislative jurisdiction when it comes to matters involving a child who has allegedly violated a federal
• applicable district in this state has waived exclusive jurisdiction, and... ...and the violation of the federal
• because without this concurrent legislative jurisdiction, juvenile misconduct is adjudicated in a federal
• However, the federal court system lacks the suitable service for juveniles and often tries them as adults

Bills: S0502, S1182, S1514

Keywords: military jurisdiction, delinquency, concurrent jurisdiction, federal law, state law, veterans, military spouses, business incentives, tax exemptions, economic development, public records, trade secrets, Space Florida, confidentiality, open meetings

Summary: The Senate Committee on Military and Veterans Affairs, Space, and Domestic Security met with a quorum present and took up two bills. Senator Burgess presented SB 1514, a public records measure tied to Space Florida that exempts Board of Space Florida meetings from public records requirements when trade secrets are discussed. He said the exemption was needed to protect sensitive business information and support Space Florida’s mission. The bill drew no questions or debate, and it was reported favorably by a unanimous roll call vote. The committee then considered CS for SB 502, sponsored by Senator Wright, which would provide concurrent state and federal legislative jurisdiction over certain juvenile offenses on U.S. military installations in Florida when federal jurisdiction is waived and the conduct is also a state crime. Senator Wright argued the change would allow juveniles to be handled in the state juvenile justice system rather than federal court, which he said is better suited for rehabilitation. The bill also had no questions or debate and was reported favorably by unanimous vote. After the bills, the committee recognized representatives from a Pasco County veterans wellness group and their therapy dog, Grit, for their work with veterans. The committee then adjourned without objection.

Bills: SF0025, SF0026, SF0066, SJ0009

Keywords: landowner licenses, hunting, wildlife management, quota hunt areas, game and fish commission, property tax, Wyoming Game and Fish Commission, tax exemption, employee residences, hunting licenses, donated licenses, life-threatening illness, vision impairment, nonprofit organizations, public lands, local governance, land management, resource development, federal agency, agriculture

Bills: SF0025, SF0026, SF0066, SJ0009

Keywords: landowner licenses, hunting, wildlife management, quota hunt areas, game and fish commission, property tax, Wyoming Game and Fish Commission, tax exemption, employee residences, hunting licenses, donated licenses, life-threatening illness, vision impairment, nonprofit organizations, public lands, local governance, land management, resource development, federal agency, agriculture

Transcript Highlights:

• The second addition to this committee substitute makes permanent the exemption from franchise tax for
• The second addition to this committee substitute makes permanent the exemption from franchise tax for
• This is an omnibus bill consisting of city hotel occupancy tax bills, county occupancy tax bills, and
• bills, and municipal hotel tax bills.
• outside of Chapter 351 of the Tax Code and for unauthorized purposes.

Bills: HB346, HB1851, HB2974, HB5596, HCR118, HCR127, HCR141

Keywords: expedited service, business records, veteran-owned businesses, franchise tax, fee schedule, surplus vehicles, law enforcement equipment, school districts, Texas Facilities Commission, economically disadvantaged areas, HB 5596, voter-approval tax rate, property tax, ad valorem tax, Tax Code, Texas municipalities, coastal municipality, eligible coastal municipality, municipal hotel occupancy tax, hotel occupancy tax revenue

Summary: The Senate Economic Development Committee heard and laid out several measures focused on school safety, Texas-Taiwan relations, defense manufacturing, business formation, hotel tax policy, and NASA relocation. HB 1851 would allow surplus DPS vehicles and law enforcement equipment to be transferred to school districts in economically disadvantaged areas for use by school police and security personnel, with a two-year resale restriction. HCR 127 expressed support for the Texas-Taiwan relationship and trade ties, HCR 118 supported expanding warship manufacturing in Texas, HCR 141 urged Congress to move NASA headquarters to Houston, HB 346 (with a committee substitute) revised business filing and fee authority while making permanent a franchise tax exemption for new veteran-owned businesses, HB 2974 was an omnibus hotel occupancy tax and qualified hotel project bill, and HB 5596 addressed accountability for municipal hotel occupancy tax revenues in coastal communities. Witnesses generally supported the measures, including the Texas Hotel and Lodging Association on HB 2974 and resource witnesses from the Texas Veterans Commission and Secretary of State on HB 346; no opposition testimony was registered on the laid-out bills. After public testimony, the committee took up pending business and adopted committee substitutes where applicable. HB 1851, HB 346, HB 2974, and HB 5596 were each reported favorably to the full Senate, with HB 346 and HB 2974 also recommended for the local and uncontested calendar. HCR 127 and HCR 118 were reported favorably as well, and HCR 127 and HCR 141 were likewise recommended for the local and uncontested calendar. The committee also reported HB 4320 favorably, though the transcript repeats that motion several times. The meeting ended with the committee standing in recess until 7:00 a.m. subject to the call of the chair.