Bills: SB1390

Keywords: gross production tax, oil and gas, natural gas, casinghead gas, oil revenue, tax apportionment, revenue sharing, county highway fund, school funding, average daily attendance, general revenue fund, revenue stabilization fund, county bridge and road improvement, state transportation fund, preserving and advancing county transportation fund, education funding, higher education, student aid, tourism funding, conservation funding

Bills: SB271, HB511

Keywords: SB271, Alabama, municipalities, city fees, town fees, franchise fees, utility franchise, natural gas, manufactured gas, gas utility, public streets, public places, right-of-way, municipal consent, gross receipts tax, license tax, privilege tax, Public Service Commission, PSC, utility regulation

Bills: SB48, HB250, SB17

Keywords: State Fairgrounds District, fairgrounds bonds, public financing, bond authorization, gross receipts tax, gaming tax, tax-backed bonds, infrastructure funding, Albuquerque fairgrounds, State Fair Tid, economic development, municipal bonds, revenue pledge, capital projects, New Mexico finance, technology, innovation, advisory board, entrepreneurial support, stakeholder representation

Transcript Highlights:

• We pay over $300,000 a year in gross receipts taxes, $45,000 in property taxes, and lots of ancillary
• Beside the gross negligence towards the constitutional part of this, the impact to the state involved
• The state loses gross receipts and the state loses the ability to follow where the firearms are going
• There were multiple decapitations in my town very recently, and regardless, this is a gross overstep
• Our revenue is approximately 50% firearms, 30% accessories, 20% gun use, range use, and 5% training.

Bills: SB48, HB250, SB17

Keywords: State Fairgrounds District, fairgrounds bonds, public financing, bond authorization, gross receipts tax, gaming tax, tax-backed bonds, infrastructure funding, Albuquerque fairgrounds, State Fair Tid, economic development, municipal bonds, revenue pledge, capital projects, New Mexico finance, technology, innovation, advisory board, entrepreneurial support, stakeholder representation

Transcript Highlights:

• House Bill 2016 removes the penalty due to the Department of Revenue for late filing tax returns if the
• And to that point, we do need to find new sources of revenue, but I don't know if it should be on the
• And to that point, while we do need to find new sources of revenue, I don't know if it should be on the
• The current law already allows the Department of Revenue to waive penalties on a case-by-case basis.
• House Bill 2105 mandates that the Department of Revenue and county assessors provide advance notice of

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

Summary: The committee began with member, staff, and page introductions, then heard reminders about public testimony limits. It first considered House Bill 2016, which would eliminate late-filing penalties when a tax return shows zero tax due. The sponsor argued the bill would prevent unnecessary fines on small businesses and individuals with no liability, while staff noted any fiscal impact would likely be minimal. The bill passed on an 8-1 vote, with one member opposing it on the grounds that current waiver procedures already exist and the change could weaken compliance incentives. The committee then took up House Bill 2104, which would bar county assessors from reclassifying agricultural property for four years after an owner prevails on appeal, unless there is a change in use, ownership, or parcel configuration. The sponsor and agricultural groups said the measure would reduce repetitive annual appeals and provide stability for ranchers and farmers, especially in urbanizing areas and in places affected by fallowing. County assessors opposed the bill, arguing that their offices are better qualified than the State Board of Equalization, that the bill could allow inaccurate classifications to persist, and that it relies too heavily on owners to report changes. After extensive testimony from the Maricopa County Assessor and the State Board of Equalization executive director, the committee approved the bill 5-4. Next, House Bill 2105 was heard. It would require advance notice of certain property inspections and provide inspection reports to property owners. The sponsor said the goal was to give owners a chance to be present for inspections and to receive the reasons for any denial of agricultural status. Assessors opposed the bill as an unfunded mandate and said they already communicate with owners through mail, door hangers, and other methods, but that a standardized report form does not currently exist. Supporters from the farm and ranch community said the bill would improve transparency and help avoid disputes. The committee passed the bill 5-4. Finally, the committee heard House Bill 2289, which updates truth-in-taxation and election pamphlet language to reflect higher residential property values, including a new $400,000 example. The sponsor and the Arizona Tax Research Association said the changes would make taxpayer notices more accurate and noted the bill was similar to one that had previously advanced, but without a provision that contributed to a veto. No vote was taken on this bill in the portion provided.

Transcript Highlights:

• I expressed my concerns and questions regarding being able for cities to raise revenues, and I'm concerned

Bills: HB323, SB271, SB295

Keywords: electric utility, transportation, oversize vehicles, transport permits, state highway system, SB271, Alabama, municipalities, city fees, town fees, franchise fees, utility franchise, natural gas, manufactured gas, gas utility, public streets, public places, right-of-way, municipal consent, gross receipts tax

Transcript Highlights:

• In addition to the fees, the utility pays a... ...the utility pays a separate 3% gross receipt tax and
• what this bill does is it keeps natural gas customers' bills low while also maintaining the same revenue
• And so that's our concern: the loss of local control... ...concern: the loss of local control, the revenue
• haven't spoke about it and the... if they haven't spoke about it and the impact on municipalities' revenue
• Municipalities, and this was the agreement we came to with them so that way no cities would see a revenue

Bills: SB271, SB295, SB309

Keywords: SB271, Alabama, municipalities, city fees, town fees, franchise fees, utility franchise, natural gas, manufactured gas, gas utility, public streets, public places, right-of-way, municipal consent, gross receipts tax, license tax, privilege tax, Public Service Commission, PSC, utility regulation

Transcript Highlights:

• So what's revenue to pay the bonds back? Isn't it a diversion of gaming revenue?
• Is there the gaming revenue, is it low, is it that gaming I think.
• Is there—the gaming revenue, is it low? Is it that gaming revenue from that site?
• Any other Is there, the gaming revenue is it low, is it that gaming revenue from that site?
• Well, the gross receipts tax, I've been told, is weird.

Bills: SB36, SB88, SB92, SB97, SB48, SB55, SB58, SB76, SB93, SB89, SB60

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

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:

• We feel that revenue erosion is especially risky right now, given the threats to federal funding for
• I do want to add that the counties also rely heavily on gross receipts taxes as well as property tax.
• Last year, Senate Bill 455 added the term co-insurance to the gross receipts deduction definition.
• We do things that also create more revenue for local governments, like what we did with cannabis.
• I mean, the simple answer is whatever the GRT losses in revenue to local governments, they get cut a

Bills: SB12, SB13

Keywords: tax credit, physician, healthcare, income tax, rural health, tax deduction, gross receipts, coinsurance, managed care, 996, all

Transcript Highlights:

• Included in your packet is a revenue analysis.
• And then within that revenue analysis.
• And then within that revenue<00:20:00.760> analysis,<00:20:01.880> it<00:20:02.080>
• Um I mean, this is a very expensive bill as we can see from the revenue note, and it is not clear how
• I'm the legislative director for the Department of Revenue.

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:

• The gross sales utility is one and a half percent. What this does...
• This gross sales utility will freeze the rates at those levels.
• today has a $250 million threshold for... has a $250 million threshold for companies if that's their gross
• There's a 5% gross receipt tax on contractor payments that generates revenue for the Department of Mental
• it's great that roads are being widened, that the... that roads are being widened, that the gas tax revenues

Bills: HB606, SB271

Keywords: HB606, Alabama, Department of Transportation, DOT, public highways, utility relocation, right-of-way, state right-of-way, road construction, bridge, tunnel, toll road, interstate highway, defense highway, utility facilities, broadband, telecommunications, cable, electricity, gas

Bills: HB75, SB134, SB201, SB258, SB288, SB313, SB320, SB321, SB325, SB339, SB345, SB393, SB422, SB440, SB470, SB487, SB523

Keywords: HB75, Act 963, gaming, casino gaming, promotional play, promotional wagers, slot machine proceeds, net gaming proceeds, gross revenue, taxable revenue, gaming operators, gaming tax, Louisiana gaming, gaming revenue deduction, casino tax, gaming promotion, revenue cap, pilot program, child sexual abuse materials, sexting

Transcript Highlights:

• As you'll see, the LFC recommendation increases general fund revenue by $2.5 million.
• So, it added $89,400 in general fund revenue to the LFC's personnel recommendation.
• We are working much more closely and collaboratively with the LFC and DFA on our gross spending and meet
• regularly to report on our gross funding spending.
• It's based on the underlying revenue stream, and as Mr.

Bills: SB48, SB64, SB100

Keywords: State Fairgrounds District, fairgrounds bonds, public financing, bond authorization, gross receipts tax, gaming tax, tax-backed bonds, infrastructure funding, Albuquerque fairgrounds, State Fair Tid, economic development, municipal bonds, revenue pledge, capital projects, New Mexico finance, special education, office of special education, deputy secretary, public education department, IEP

Transcript Highlights:

• It simply uses 75% of that revenue to pay off The bonds. That's what the original bill said.
• Chair, how much revenue was received by the state of New Mexico from the Downs of Albuquerque last year

Bills: SB48, SB64, SB100

Keywords: State Fairgrounds District, fairgrounds bonds, public financing, bond authorization, gross receipts tax, gaming tax, tax-backed bonds, infrastructure funding, Albuquerque fairgrounds, State Fair Tid, economic development, municipal bonds, revenue pledge, capital projects, New Mexico finance, special education, office of special education, deputy secretary, public education department, IEP

Transcript Highlights:

• Is that revenue<00:09:52.760> estimate?
• Or is it or is it for revenue estimate?
• 25% of the revenue to our general<00:37:16.040> fund.
• So we are will get none of this revenue.
• And if we don't get it, then that revenue doesn't come.

Bills: HF1016, HF2800, HF156, HF3051, HF526, HF2658, HF2062, HF2801

Keywords: local government aid, Baldwin, taxation, base year formula, municipal funding, population aid, aid penalty forgiveness, Minnesota, city funding, appropriations, HF156, lawful gambling, veterans organizations, licensed veterans organization, Minnesota gambling law, gross profits, lawful purpose, real property repair, facility maintenance, capital assets

Transcript Highlights:

• Senator Corm, the Revenue Tax and Taxation Committee will come to order. Mr.
• It's estimated that this will have a revenue decrease to the state general revenue fund of approximately
• This is essentially like the voucher program for child services, and that will be foregoing tax revenue

Bills: SB683, SB1579, SB1389, SB1387, SB1390, SB1391, SB2063, SB1829, SB2060, SB1842, SB1398, SB1212, SB2158, SB102

Keywords: education, tax credit, student support, private school, Oklahoma Parental Choice Tax Credit, financial assistance, homeschooling, qualified expenses, property tax, valuation increase, taxpayer rights, homestead, protest process, school choice, tuition assistance, income limits, parental choice, accreditation, sales tax, motor vehicles

Transcript Highlights:

• So in the event that revenues are not coming in during FY27, we'll be able to much more easily close

Bills: HB2, SB48, SB64, SB100

Keywords: general appropriation, budget, Medicaid, education funding, public safety, State Fairgrounds District, fairgrounds bonds, public financing, bond authorization, gross receipts tax, gaming tax, tax-backed bonds, infrastructure funding, Albuquerque fairgrounds, State Fair Tid, economic development, municipal bonds, revenue pledge, capital projects, New Mexico finance

Transcript Highlights:

• revenue.
• Um, we incentivize things, uh, to a certain extent, but 50% of gross revenue, I mean, we talked about
• we tax them at 50% of gross revenue. we tax them at 50% of gross revenue.
• of gross revenue. of gross revenue.
• Tax revenue.

Bills: HF3611, HF3659, HF3909

Keywords: taxation, income tax, damage awards, sexual harassment, abuse claims, immigration enforcement, taxpayers, file income tax return, Minnesota-source income, tax regulations, detention facilities, gross revenues, private prisons, Minnesota law, 1183, house

Summary: The committee first approved the March 3, 2026 minutes and then laid over House File 3611 for possible inclusion in the 2026 tax bill. Representative Finke described HF 3611 as creating a state income tax withholding deduction for damages awarded to individuals in lawsuits against federal agents such as ICE or CBP, including emotional and financial awards. There was no public testimony or member discussion on the bill before it was laid over. The committee then took up House File 3909, which Representative Hansen said would impose a 50% tax on the gross receipts of detention centers operated by private nongovernmental entities. Hansen argued the measure would recapture public money, deter what he characterized as misuse of taxpayer dollars, and target profits made by private detention contractors such as GEO Group and CoreCivic. He also cited projected revenues and profits for those companies and said the bill was a response to human rights and civil rights concerns tied to private detention operations. Testimony on HF 3909 included support from Nancy Fitz Simmons, a Minnesota State University, Mankato social work professor, who said social workers see the effects of these issues across the state and that the bill could return money to Minnesotans in need. Representative Swedzinski opposed the bill’s impact on the Appleton facility and emphasized local jobs and economic opportunity, while Representative Lee said Minnesota should seek better economic options than jail-related work. Representative Holland supported the bill as a way to offset costs to families and the state from detentions and deportations. Representative Weiner questioned the bill’s revenue potential and criticized the 50% gross-receipts tax as politicizing taxes. Representative Hansen responded that similar proposals were being explored in Washington and California and that the bill was intended to stand up to large corporate interests. The bill was laid over for possible inclusion in the 2026 tax bill.

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