Video & Transcript Research : 'gross revenues'

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MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/4/26

Taxes

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
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 4/1/25

Taxes

Transcript Highlights:
  • <00:37:39.440> from be able to offset lower revenues from be able to offset lower revenues
  • Property values rise, tax revenues grow, and surrounding businesses thrive, creating a ripple effect
  • Property values rise, tax revenues grow, and surrounding businesses thrive, creating a ripple effect
  • So I think it's purely just the underutilized, low-revenue-generating buildings that are leading to part
  • <01:04:04.680> generating underutilized um low Revenue generating underutilized um low Revenue
ND

North Dakota 2025-2026 Regular Session

Senate Finance and Taxation Apr 16th, 2025 at 09:00 am

Finance and Taxation

Bills: SB2397
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.
NM

New Mexico 2026 Regular Session

Senate - Tax, Business and Transportation Jan 22nd, 2026 at 03:09 pm

Senate Tax, Business & Transportation

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
AZ

Arizona 2026 Regular Session

01/21/2026 - House Ways & Means

Ways & Means

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
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 4/8/26

Taxes

Transcript Highlights:
  • Two, a new re revenue s uh stream staff.
  • Two, a new re revenue s uh stream for<00:25:51.600> farmers.
  • Department of Revenue. I'm going to go to Chair Gomez. Okay.
  • <01:30:49.040> Department<01:30:49.360> of<01:30:49.520> Revenue.
  • Department of Revenue. I'm the audience? Department of Revenue.
NM

New Mexico 2026 Regular Session

House - Commerce and Economic Development Feb 11th, 2026 at 05:14 pm

House Commerce & Economic Development Committee

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
AZ

Arizona 2026 Regular Session

01/27/2026 - Senate Appropriations, Transportation and Technology

Appropriations, Transportation and Technology

Transcript Highlights:
  • come from the highway user fund rather than the general fund, particularly in this year where our revenues
  • Our population has increased greatly in the state, and the amount of tax revenue has gone down.
  • It should come from the highway user revenue fund. Senator Fernandez: Passed.
  • the need, I see the demonstrated need, but honestly, we need to figure out how we can bring more revenue
  • Revenue from this plate would fund tangible, accountable work, including scientific research and conservation
AL

Alabama 2025 Regular Session

Alabama Senate Judiciary Committee Apr 23rd, 2025

Judiciary

Transcript Highlights:
  • Third, and most importantly, the revenue Third, and most importantly, the revenue Third, and most importantly
  • , the revenue that's generated from professional bail that's generated from professional bail that's
Bills: HB265, HB146, SB254, HB202, HB3, HB42, SB18
AL

Alabama 2025 Regular Session

Alabama Senate Transportation and Energy Committee Apr 15th, 2025

Transportation and Energy

Transcript Highlights:
  • I expressed my concerns and questions regarding being able for cities to raise revenues, and I'm concerned
Bills: HB323, SB271, SB295
AL

Alabama 2025 Regular Session

Alabama Senate Transportation and Energy Committee Apr 10th, 2025

Transportation and Energy

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
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/17/26

Taxes

Transcript Highlights:
  • the revenue note. the revenue note.
  • the Department of Revenue. And Mr. the Department of Revenue. And Mr.
  • Can I revenue? >> Yes, revenue. Could you join us here?
  • And the reason I'm talking about the revenue things and Ms.
  • So, how does revenue handle that?