Video & Transcript Research : 'local tax exemption'

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AL

Alabama 2025 Regular Session

Alabama House Ways and Means Education Committee Apr 30th, 2025

Ways and Means Education

Transcript Highlights:
  • We have several of these tax exemptions. Your floor is yours. Thank you, Mr.
  • I have one of those requests for tax exemption.
  • What the request is, is of course for sales and use tax exemption.
  • Of course, all these bills are just exempting the state tax.
  • They've raised $133,000 and the request is to exempt the sales tax on those... to exempt that sales tax
LA

Louisiana 2026 Regular Session

Revenue and Fiscal Affairs May 11th, 2026

Revenue & Fiscal Affairs

Transcript Highlights:
  • It authorizes parish governing authorities to implement a property tax exemption for the rehabilitation
  • exemption, which is 75% of property tax abatement for 20 years.
  • The minute he sells it to said young family, they get the property tax exemption for the remainder of
  • give locals the option to collect less property taxes.
  • The second step, after the freeze, they would be eligible for additional property tax exemption on top
TX

Texas 89th Regular

Ways & Means Apr 14th, 2025

Ways & Means

Transcript Highlights:
  • Subject to any city hotel tax, helping fund local projects.
  • House Bill 3715 offers McAllen the opportunity to harness local tax revenues for continued growth.
  • Currently, the tax code, Subchapter E, Section One, 52, lists agriculture and timber vehicles as tax-exempt
  • That's why we have local hotel occupancy taxes, at least at that time.
  • Tax revenue from this project back into it without burdening our local taxpayers.
TX

Texas 89th Regular

Local Government Apr 22nd, 2025

Local Government

Transcript Highlights:
  • The general homestead exemption was $5,000. The general homestead exemption was $5,000.
  • The disabled and veterans exemption was $10,000.
  • taxes equals the levy.
  • ... ...in at a low freeze, the fact that we're adding to the exemption and tax rate means that even in
  • equitable way to cut property taxes.
Bills: SB23, SJR85
Summary: The Senate Committee on Local Government heard testimony on Senate Bill 23 and its companion constitutional amendment, Senate Joint Resolution 85, both by Senator Bettencourt. The bills would increase the additional homestead exemption for elderly and disabled homeowners from $10,000 to $60,000, which proponents said would significantly reduce property taxes and help seniors and disabled Texans age in place. Bettencourt and supporters described the measure as part of a broader property tax relief package, estimating combined savings of about $950 for over-65 and disabled homeowners when paired with other recent homestead exemption changes. Witnesses largely supported the proposal. Testimony in favor came from a lawyer, a private citizen, Texas Realtors, the Texas Silver-Haired Legislature, and the Texas Association of Builders, all emphasizing relief for fixed-income seniors, housing stability, and the ability to remain in their homes. Several witnesses noted rising property taxes, medical costs, and the challenges seniors face in moving or affording home modifications. One witness from Every Texan said a flat homestead exemption is the most equitable way to cut property taxes, but argued against additional tax cuts generally, favoring a circuit-breaker approach and warning that permanent tax cuts could reduce funding for schools and other needs. The committee also discussed data showing many over-65 homeowners already pay no school property taxes in some counties and that the proposed changes would increase that share. After closing public testimony, the committee voted on the measures. Senate Bill 23 was reported favorably to the full Senate by a 7-0 vote, and S.J.R. 85 was also reported favorably by a 7-0 vote. The transcript also shows Senate Bill 898 being laid out and passed unanimously earlier in the meeting, with a recommendation for the local and uncontested calendar.
AL

Alabama 2025 Regular Session

Alabama Senate Finance and Taxation Education Committee Feb 12th, 2025

Finance and Taxation Education

Transcript Highlights:
  • Downstairs, they were saying, "Oh, they want to give some more tax breaks."
  • All right, this is a sales and use tax. This is to get them in sync with each other.
  • , what the locals need to do.
  • Number one, we have a fair amount of local sales tax exemption bills that have been put in this committee
  • I don't know if it's going to work or not, but it's to deal with all the local sales tax exemptions for
Bills: SB1, SB83, SB159, SB160, SB1
WY

Wyoming 2026 Regular Session

House Revenue Committee, February 17, 2026

Revenue

Transcript Highlights:
  • exemption? exemption?
  • them the property that would exempt them the property taxes<00:23:44.000><c> on</c><00:23:44.159><c>
  • </c> exemption this is a different exemption exemption this is a different exemption an<00:25:08.960>
  • </c> sales tax. sales tax.
  • This is not about local control. They was clear about it's a recreation tax.
LA

Louisiana 2026 Regular Session

Ways and Means Mar 30th, 2026

Ways & Means

Transcript Highlights:
  • juries, 11 local tax commissions, and four municipalities.
  • There are dozens of independent local taxing authorities, non-uniform rules, exemptions, and enforcement
  • There are dozens of independent local taxing authority, non-uniform rules, exemptions, and enforcement
  • I know how critical sales tax revenue is to locals.
  • It would just be the taxing authority. So it's my job to tax as a local.
TX

Texas 89th Regular

Ways & Means Mar 24th, 2025

Ways & Means

Transcript Highlights:
  • Our food is tax-exempt, pet prescriptions are tax-exempt, so now we're just making their food tax-exempt
  • valorem tax exemption for solar panels installed on homes.
  • Their property tax exempt status under the Texas Tax Code.
  • This situation has led to the loss of our tax exemption and will result in $1 million in property taxes
  • tax exemptions. that we've had in place for the past 35 years.
TX

Texas 89th Regular

Ways & Means May 5th, 2025

Ways & Means

Transcript Highlights:
  • matching the state's property tax relief efforts at the local level. level.
  • House Bill 4060 gives local taxing entities a powerful optional tool.
  • The current tax code provides a property tax exemption for qualified charitable or...
  • Currently, the tax code has a five-year expiration date for these property tax exemptions.
  • The tax exemption will be equal to the less... of $3,000 or one-half of the tax burden of the property
TX
Transcript Highlights:
  • to a whopping $200,000 exemption.
  • The General Homestead exemption was $5,000. The disabled and veterans exemption was $10,000.
  • There are winners and losers with every tax relief.
  • We do have the best property tax system.
  • And that’s what a homestead exemption like this does.
Bills: SB23, SJR85, SB 23
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/24/26

Taxes

Transcript Highlights:
  • </c> taxes that are raised by state and local taxes that are raised by state and local government.<00
  • The percentages get income in state and local taxes. And income in state and local taxes.
  • incidence than the property tax itself. various state and local taxes and various state and local taxes
  • been</c> had a lot of local taxes that have been had a lot of local taxes that have been enacted<00:36
  • um tax exempt status, the provides that um tax exempt status, the federal<01:41:17.760><c> government
Bills: HF331, HF916
TX

Texas 89th 2nd C.S.

Pensions, Investments & Financial Services Mar 17th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • This theft also robs Texas of vital tax revenue, undermining our state's economic stability.
  • It clarifies our authority ensuring we can protect businesses and preserve state taxes.
  • I would greatly appreciate your favorable consideration and ask that the bill go to local and consent
  • I would greatly appreciate your favorable consideration and ask that this bill go to local and consent
Bills: HB201, HB272
WY

Wyoming 2026 Regular Session

House Transportation, Highways & Military Affairs Committee, February 12, 2026

Transportation, Highways & Military Affairs

Transcript Highlights:
  • It's an exemption for property tax.
  • </c> it's an exemption for property tax. it's an exemption for property tax.
  • </c> making the exemption applied to the tax making the exemption applied to the tax year<00:47:19.040
  • I discovered I wasn't eligible for the veterans property tax exemption until 2009.
  • </c><00:52:00.400><c> exemption</c> uh veterans uh property tax exemption uh veterans uh property tax
AL

Alabama 2026 Regular Session

Alabama House Ways and Means Education Committee Feb 11th, 2026

Ways and Means Education

Transcript Highlights:
  • So, this bill will actually exempt them from all sales taxes, and it also has a provision in it that
  • will give the municipalities and the local county government the option to exempt as well. >> So, the
  • What I have for your consideration is a sales and use tax exemption for a 501(c)(3) called High Socks
  • sales and use tax consideration is a tax sales and use tax exemption<00:12:12.240><c> for</c><00:12:
  • level for the locals to be able to make that determination and applying this sales tax exemption.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/6/25

Taxes

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
WY

Wyoming 2026 Regular Session

House Revenue Committee, February 24, 2026

Revenue

Transcript Highlights:
  • Exemption Amendments.
  • ,</c> it's sales tax, it applies to use tax, it's sales tax, it applies to use tax, everything's<00:05
  • Chairman, committee, I bring to you Senate File 39, long-term homeowner tax exemption amendments.
  • </c><00:20:06.559><c> Uh,</c> homeowner tax exemption amendments.
  • Uh, homeowner tax exemption amendments.
Bills: SF0079, SF0080, SF0039