Video & Transcript Research : 'nonrefundable tax credit'
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AL
Alabama 2026 Regular Session
Alabama House Financial Services Committee Mar 4th, 2026
Financial Services
Keywords:
income tax credit, tax incentive, recruitment, remote work, remote worker, recruited worker, rural counties, small counties, county population tiers, opportunity zone, teacher recruitment, nurse recruitment, law enforcement recruitment, workforce development, economic development, relocation incentive, Alabama Department of Revenue, nonrefundable tax credit, tax carryforward, state income tax
HI
Hawaii 2026 Regular Session
AGR Public Hearing - Wed Feb 4, 2026 @ 9:00 AM HST
Agriculture & Food Systems
Transcript Highlights:
- respect</c> get over so tax credits um with respect get over so tax credits um with respect to<00:46:
- </c> deal with this challenge is tax credits. deal with this challenge is tax credits.
- </c><00:58:17.200><c> credits</c> we've seen different tax credits we've seen different tax credits different
- </c> legislature can create a tax credit. legislature can create a tax credit.
- specific</c> specific tax credit for this specific specific tax credit for this specific purpose.<00:
Keywords:
agriculture, sugarcane, permitting process, land use, conservation district, diversified agriculture, economic impact, invasive species, plant sales, weed risk assessment, consumer protection, environmental impact, workforce development, biosecurity, training program, partnerships, tax credit, Hawaiian home lands, investment costs, nonrefundable
Summary:
The committee heard opening remarks and then took testimony on several agriculture-related bills. HB 2425 would exempt agricultural enterprises on former commercial sugarcane lands in conservation use districts from certain permitting and site plan requirements. The Department of Agriculture supported the measure and stood on written comments. The Hawaii Farm Bureau supported the intent but said the bill appeared to cite the wrong statute and suggested amending the conservation district law instead. Other testimony was generally supportive, while some witnesses raised concerns about using the right statutory vehicle. Committee members questioned whether the bill should be redirected through a different chapter.
The committee then heard HB 596, which would require retail sellers of plants to disclose invasiveness risk, direct the Invasive Species Council to create a labeling system and weed risk assessments, and establish fines. The Department of Land and Natural Resources strongly supported the bill, saying point-of-sale labels would help consumers make informed choices. Supporters from the Coordinating Group on Alien Pest Species said the state’s noxious weed and restricted plant lists are outdated or incomplete and that the bill would help prevent harmful species from being purchased and planted. Opponents, including the Hawaii Farm Bureau and Hawaii Food Policy Foundation, argued the measure was too broad, could stigmatize plants and producers, and might be better implemented through voluntary education or narrower definitions. Committee discussion focused on possible amendments, including using printable labels from a website and limiting the bill to larger commercial retailers.
HB 2573 would create a five-year agriculture and biosecurity workforce development pilot program involving the Department of Agriculture and Biosecurity, Leeward Community College, and the Department of Human Resources Development. DHRD said it supported the intent but wanted clearer responsibilities; the University of Hawaiʻi, the Department of Agriculture and Biosecurity, the Hawaii Farm Bureau, the Hawaii Food Policy Foundation, and others supported the proposal. DAB said the program would help build needed biosecurity staffing and training, and that law-enforcement-related curriculum could be incorporated. Finally, the committee began hearing HB 207, which would expand the important agricultural land qualified agricultural tax credit to include certain Hawaiian homelands and additional agricultural costs such as orchards, fruit crops, and clearing former sugar and pineapple lands. The Department of Taxation and DAB stood on written comments, while the Department of Hawaiian Homelands strongly supported the bill, calling it a potential game-changer for developing agricultural lands and offsetting infrastructure costs; the department also asked that the credit be broadened beyond agriculture alone.
AL
Alabama 2026 Regular Session
Alabama House Financial Services Committee Jan 28th, 2026
Financial Services
Transcript Highlights:
- don’t exercise that power of attorney, sometimes that income is included in your estate for estate tax
- What this bill does, it gives the trustee the authority to distribute the taxes that would be paid by
- Uh, allow them to distribute that so they could pay their taxes because sometimes people may get hit
- </c> the authority to distribute the taxes the authority to distribute the taxes that<00:09:28.320><c
- card fees, um bank uh you know, credit card fees, um bank wire<00:19:27.520><c> fees.
Keywords:
income tax credit, tax incentive, recruitment, remote work, remote worker, recruited worker, rural counties, small counties, county population tiers, opportunity zone, teacher recruitment, nurse recruitment, law enforcement recruitment, workforce development, economic development, relocation incentive, Alabama Department of Revenue, nonrefundable tax credit, tax carryforward, state income tax
AL
Alabama 2025 Regular Session
Alabama House Ways and Means Education Committee Apr 30th, 2025
Ways and Means Education
Transcript Highlights:
- You would get a tax credit of $30,000.
- tax credit.
- So you say, "All right, Mississippi remote worker, nurse, come to Alabama and we'll give you a tax credit
- if you move... ...you a tax credit if you move from Mississippi, just right over the border.
- Again, that's kind of the free market, and yes, we reduce their tax credit. There will be mixes.
Keywords:
entertainment, film, music, production incentives, Alabama Film Office, tax rebates, media industry, economic development, Baptist convention, tax exemption, sales and use tax, Alabama, nonprofit, HB203, High Socks for Hope, nonprofit tax exemption, sales tax, use tax, state tax exemption, local option tax exemption
MN
Transcript Highlights:
- property tax credit.
- </c> the research credit for the provider tax the research credit for the provider tax at<00:10:49.560
- tax credits so that the sort of I tax tax credits so that the sort of I think<01:12:27.280><c> that<
- </c><01:12:30.520><c> credit</c> sort of a subset of the tax credit sort of a subset of the tax credit
- </c><01:15:41.920><c> credits</c> were taking advantage of tax credits were taking advantage of tax credits
Keywords:
taxation, income tax, property tax, corporate tax, homestead credit, local government aid, tax credits, economic development, taxpayer assistance, tax credit outreach, tax preparation, free tax help, IRS, Department of Revenue, general fund appropriation, earned income tax credit, child tax credit, volunteer income tax assistance, VITA, low-income taxpayers
MN
Transcript Highlights:
- They concern the child tax credit and property tax refunds.
- > then</c><00:01:01.680><c> we're</c> child tax credit issues and then we're child tax credit issues
- Minnesota's child tax credit builds on a strong body of research on the federal child tax credit and
- newborn</c> $0000 child tax credit bonus for newborn $0000 child tax credit bonus for newborn babies
- </c> larger child tax credit for new babies larger child tax credit for new babies will<00:10:32.680>
Keywords:
HF2254, Minnesota child credit, baby bonus, child tax credit, income tax, individual income tax, tax relief, newborn, birth credit, family tax credit, tax refund, advance payment, Department of Revenue, taxable year, parenting, families with children, child credit, state regulations, families, taxation
MN
Transcript Highlights:
- The tax revenues and property tax aids and credits are different, and they're noted at the top of the
- Line 7 is the individual income tax credit, and this is a new credit that adds an additional $100 for
- We hope you can build further on Child Tax Credit expansion for filing state income taxes.
- Our membership is all 100% behind that R&D tax credit.
- credit allows supportive housing to utilize the tax.
Keywords:
local government debt, municipal bonds, county bonds, capital improvements, public financing, bond issuance, public hearing, notice period, bond guarantee, Minnesota Public Facilities Authority, volume cap, private activity bonds, housing finance, residential rental bonds, LIHTC, low-income housing tax credits, redevelopment, courthouse financing, jail financing, law enforcement center
MN
Transcript Highlights:
- tax aids and<00:48:22.400><c> credits.
- </c> is all 100% behind that R&D tax credit. is all 100% behind that R&D tax credit.
- </c><01:36:18.960><c> critical</c> the tax credit to fill this critical the tax credit to fill this critical
- credit, the the tax the housing tax credit, the affordable<01:36:24.080><c> housing</c><01:36:24.400>
- housing tax credit is already affordable housing tax credit is already a<01:36:25.600><c> key</c><01
Keywords:
local government debt, municipal bonds, county bonds, capital improvements, public financing, bond issuance, public hearing, notice period, bond guarantee, Minnesota Public Facilities Authority, volume cap, private activity bonds, housing finance, residential rental bonds, LIHTC, low-income housing tax credits, redevelopment, courthouse financing, jail financing, law enforcement center
MN
Transcript Highlights:
- And the homestead credit refund program assists homeowners whose property taxes are high relative to
- The homestead credit refund generally, the way it works is that if your property taxes exceed a certain
- The renter's credit refunds a portion of the property taxes that qualifying renters have paid through
- Minnesotans now file for their renter's credit when they file their state income taxes instead of on
- > folks</c><00:25:56.920><c> and</c><00:25:57.080><c> I</c> tax credit for low-income folks and I tax
Keywords:
HF2715, homestead credit refund, property tax refund, property tax relief, homeowner tax relief, homestead credit, co-pay reduction, Minnesota property taxes, tax rebate, state refund, income thresholds, inflation adjustment, property tax circuit breaker, housing affordability, elderly homeowners, fixed income, taxation, Minnesota Statutes 290A.04, renters credit, income tax
MN
Transcript Highlights:
- tax credits to be the low-income housing tax credits to be able<00:59:26.319><c> to</c><00:59:26.440
- </c><01:02:14.160><c> credit</c> reinstating the historic tax credit reinstating the historic tax credit
- </c><01:02:26.039><c> credit</c> shows that this kind of tax credit shows that this kind of tax credit
- </c><01:03:27.279><c> credits</c> was awarded in historic tax credits was awarded in historic tax credits
- </c><01:04:53.119><c> credit</c><01:04:53.400><c> like</c> tax base we know that a tax credit like tax
Keywords:
data centers, tax exemption, Minnesota statutes, economic development, employment growth, income tax, tax brackets, tax adjustments, Minnesota, tax policy, underutilized buildings, adaptive reuse, building conversion, historic preservation, downtown revitalization, vacant property, vacancy reduction, refundable tax credit, income tax credit, grant in lieu of credit
OK
Transcript Highlights:
- credit.
- , and that's not counting 250 million dollars in the parent choice tax credits.
- If she knew, it was out there that's actually a credit that's offered on income taxes.
- So this eliminates the home office premium tax credit again.
- But if we need that tax credit to stay with the home offices. Then that's fine too.
Keywords:
income tax, tax rates, revenue certification, Oklahoma Tax Commission, state budget, education, tax credit, school choice, private school, tuition assistance, income limits, parental choice, accreditation, insurance, taxation, premium, home office credit, healthcare, teacher tax credit, income tax credit
OK
Transcript Highlights:
- credit.
- That part of that tax cut included a path to zero, which is a triggered tax cut.
- choice tax credits.
- So this eliminates the home office premium tax credit.
- But if we need that tax credit to stay with the home offices, then that's fine too.
Keywords:
income tax, tax rates, revenue certification, Oklahoma Tax Commission, state budget, education, tax credit, school choice, private school, tuition assistance, income limits, parental choice, accreditation, insurance, taxation, premium, home office credit, healthcare, teacher tax credit, income tax credit
Summary:
The Revenue and Taxation Committee met and considered several bills. Senate Bill 1776, by Senator Pugh, would create a $10,000 refundable tax credit for teachers with seven consecutive years of service, as part of a teacher retention strategy; after questions about the seven-year threshold, it passed 8-3. Senate Bill 1858, by Senator Frix, would create a new TIF district financing option allowing developers, rather than cities or counties, to borrow against projected TIF revenues; the committee adopted an amendment changing a filing provision from “may” to “shall,” and the bill passed 7-4. Senate Bill 1985, by Senator Guthrie, would let state retirement systems consider limited investments in regulated digital assets, capped at 5% and narrowed to large-market-cap assets; the committee added an amendment inserting “in” to clarify the language, and the bill passed 9-2.
The committee then rejected Senate Bill 1302, by Senator Kirt, which would repeal the “path to zero” trigger tied to future income tax cuts; it failed 2-9 after debate over fiscal stability and tax relief. Senate Bill 1809, by Senator Hamilton, would raise the homestead exemption from $1,000 to $5,000; members debated its impact on local governments and school funding, but it passed 9-2. Senate Bill 1401, by Senator Rader, was amended to adjust the insurance premium tax rate from 1.96% to 2.16% and eliminate the home office premium tax credit; the bill was laid over after concerns about its fiscal impact.
Finally, Senate Bill 2053, also by Senator Rader, would allow cities and counties to impose up to a 10% excise tax on medical marijuana dispensaries by local vote, with OTC handling collections and enforcement; supporters framed it as local control and a way to offset public safety costs, while opponents argued it unfairly targeted dispensaries and consumers. The bill passed 7-3. The committee then adjourned and announced it would meet again the following Monday after floor activity.
MN
Transcript Highlights:
- Welcome to the Tax Committee.
- Credit.
- I appreciate the opportunity to testify on the New Markets Tax Credit.
- I believe that the New Markets Tax Credit focuses on areas that lack the financial backing they need
- Adding the five-year carry forward makes this a much more permissive kind of tax credit to use, and the
Keywords:
individual income tax, retirement contributions, tax corrections, annuity contracts, tax year attribution, tax credit, economic development, community investment, data disclosure, Minnesota regulations, tax increment financing, municipal authority, job creation, transferred increment, public hearing, nonresident employees, income tax exemption, Minnesota taxation, employment duties, tax withholding
MN
Transcript Highlights:
- </c><00:37:26.560><c> credit</c> the low-income housing tax credit the low-income housing tax credit
- </c> attain the low-inccome housing tax attain the low-inccome housing tax credit<00:42:06.720><c> it
- Uh as Tax Credit in front of you today.
- </c> testify on the new market uh tax credit. testify on the new market uh tax credit.
- </c><00:52:55.680><c> uh</c> uh kind of um tax credit to use and uh uh kind of um tax credit to use and
Keywords:
individual income tax, retirement contributions, tax corrections, annuity contracts, tax year attribution, tax credit, economic development, community investment, data disclosure, Minnesota regulations, tax increment financing, municipal authority, job creation, transferred increment, public hearing, nonresident employees, income tax exemption, Minnesota taxation, employment duties, tax withholding
NM
New Mexico 2026 Regular Session
Senate - Tax, Business and Transportation Jan 22nd, 2026 at 03:09 pm
Senate Tax, Business & Transportation
Transcript Highlights:
- And so what this does is it creates a $4,000 tax credit for a...
- A $4,000 tax credit for an MD or DO's personal income tax, as long as they are practicing at least 1,584
- These two tax credits would be stackable, and rural docs here would get a $9,000 tax credit each year
- Me getting a direct tax credit for my personal income tax will be a good incentive.
- For the tax credit because I wouldn't blame them.
Keywords:
tax credit, physician, healthcare, income tax, rural health, tax deduction, gross receipts, coinsurance, managed care, 996, all
MN
Transcript Highlights:
- The thing that I would say is that we share the goal of increasing the child tax credit for more families
- tax credit for more increasing the child tax credit for more families<01:20:36.000><c> and</c><01:20
- Those taxes are a way that we are paying for the child tax credit that we passed, and what I'm trying
- c><01:26:15.280><c> tax</c><01:26:15.600><c> credit</c><01:26:15.960><c> that</c><01:26:16.080><c> we
- </c> the child tax credit that we the child tax credit that we passed<01:26:18.000><c> and</c><01:26:
Keywords:
sales tax, education funding, construction, Aitkin Public Schools, tax exemption, refundable credit, HF148, use of force training, deadly force, peace officer training, police training, law enforcement, POST Board, Board of Peace Officer Standards and Training, scenario-based training, de-escalation, defensive tactics, force-on-force training, stress management, officer wellness
MN
Transcript Highlights:
- The tax credit provides an income tax credit for rail infrastructure improvements over shortline railroads
- Earned Income Tax Credit the federal Earned Income Tax Credit the federal<01:13:44.280><c> Earned</c
- Tax Credit federal Earned Income Tax Credit included<01:13:46.320><c> eligibility</c><01:13:47.040><
- </c><01:34:43.719><c> credit</c> Family Credit and the child tax credit Family Credit and the child tax
- taxes</c><01:44:51.400><c> on</c> the child tax credit to raise taxes on the child tax credit to raise
Keywords:
property tax, exemption, leased land, public use, commercial property, HF632, Minnesota property tax, conservation easement, conservation restriction, assessed value, property valuation, tax assessment, real property, land conservation, farmland preservation, natural areas, riparian buffer, water quality, water quantity, county assessor
HI
Hawaii 2026 Regular Session
EEP-TOU Joint Public Hearing - Thu Feb 12, 2026 @ 9:30 AM HST
Energy & Environmental Protection
Transcript Highlights:
- rates, and establishes a refundable carbon cash back tax credit to offset increases for most taxpayers
- This bill brings together two proven policy tools, carbon pricing and refundable tax credits, to cut
- </c> carbon pricing and refundable tax carbon pricing and refundable tax credits<02:06:03.199><c> to<
- Refundable tax credits are used in Hawaii to provide financial support to specific populations.
- Examples include the food and excise tax credit, earned income tax credit, and child tax credit.
Bills:
HB1617
Keywords:
carbon emissions, tax credit, fossil fuel, agriculture, food security, environmental tax, greenhouse gas, 910, house, all
Summary:
The committees heard testimony on HB 1949, which would create a public dashboard for the green fee to improve transparency and accountability. Testimony from the Climate Change Mitigation and Adaptation Commission, the Office of Planning and Sustainable Development, and many community and conservation groups was generally supportive, with several speakers urging that the governor’s project recommendations remain largely intact and that community-driven projects continue to guide spending. One amendment was suggested to place the dashboard at the Department of Budget and Finance for fiscal expertise, while other testimony favored keeping it with the commission. Members asked about procurement, ETS involvement, recurring hosting costs, and whether the dashboard could be funded from green fee revenues; the commission said it could work with ETS and that green fee funds could reasonably be used. The committees then voted to pass HB 1949 with amendments.
The committees also heard HB 2618, which would require the governor to submit a separate bill for amounts tied to any increase in the transient accommodations tax and, in later discussion, was expanded into a broader restructuring of future green fee allocations. Testimony from the Climate Change Mitigation and Adaptation Commission, Hawaii Reef and Ocean Coalition, and others supported the bill and emphasized the value of more predictable, dedicated funding for conservation and climate-related work. During decision-making, the chair described amendments creating several special funds under DLNR, including a watershed biodiversity and wildfire risk reduction fund, an aquatic resources conservation fund, a coastal restoration fund, a cesspool conversion revolving loan fund, and a green fee special fund for remaining revenues, with recommended amounts discussed for some of the funds. The committees voted to pass HB 2618 with amendments.
The hearing then moved to HB 1644, a consumer protection measure for residential solar sales that would require compliance with consumer protection laws, licensing or contractor affiliation for sellers, and a standardized disclosure form. Testimony in support came from the Hawaii Green Infrastructure Authority, DCCA’s Office of Consumer Protection, Kauai Island Utility Cooperative, the Hawaii Solar Energy Association, and several solar companies and individuals. Supporters said the bill would address complaints about third-party sales practices and improve disclosure, especially around financing. The committee then began hearing HB 2243, which would require electric utilities to provide public, electronic customer bill impact analyses and annual reports to the Public Utilities Commission; the Division of Consumer Advocacy and the PUC offered comments supporting the measure’s intent.
TX
Transcript Highlights:
- Multiple different non-profits; it's a franchise tax credit.
- dollar tax credit on your income taxes.
- This would be a tax credit going forward.
- The state tax credit program offers a 25% tax credit for the rehabilitation of historic, income-producing
- However, this tax credit incentivizes them to do so.
Bills:
HB249, HB 1186, HB2313, HB2408, HB2508, HB2730, HB2974, HB3045, HB3232, HB3336, HB3710, HB4044, HB4236, HJR133, HB249
Keywords:
ad valorem taxes, property taxes, homestead exemption, disabled veterans, senior citizens, tax payments, installment payments, municipal tax revenue, hotel, convention center, tax code, economic development, local government, municipality, tax revenue, qualified projects, municipal taxation, hotel project, municipality funding, veteran
DE
Transcript Highlights:
- House Bill 364 is the Delaware Entertainment Production Tax Credit.
- What this does is create that credit, focused on attracting film, television, e-sports, and video game
Summary:
The Senate Executive Committee first considered several gubernatorial appointments. Heidi Gilmore was nominated to the Marijuana Appeals Commission and said her real estate and administrative-law background would help her support implementation of Delaware’s new marijuana framework. Lee Wynne Lynn and Ruth Tucker were both nominated to the Delaware River and Bay Authority Board; both emphasized long Delaware ties, public service, and experience in technology, transportation, and executive leadership, with committee members asking about modernization, cashless tolling, and potential conflicts of interest. Lindsay Alexic and Dr. Jennifer Hallman were nominated to the Professional Standards Board and described their classroom and administrative experience in Delaware public education, with discussion focused on supporting teachers, improving educator effectiveness, and helping schools address post-COVID classroom and student-support challenges. Jason Munion and F. Todd Collada were nominated to the Environmental Appeals Board; Munion cited his engineering and environmental background, while Collada noted his work as Milford’s mayor and a contractor. No votes on the nominations are reflected in the transcript excerpt.
The committee then moved to legislation. House Bill 364 would create a Delaware Entertainment Production Tax Credit for film, television, e-sports, and video game production, with a $10 million annual cap, audit and reporting requirements, a 2031 sunset, and a focus on verified in-state spending and Delaware hiring; the bill was circulated after no public comment. House Bill 437 was described as a technical corrections bill affecting certain municipal charters and requiring a three-quarters vote; it also drew no public comment. The committee approved the previously circulated minutes by motion and second.
House Bill 446 would reorganize the Delaware Forest Service chapter, consolidate authority in one section, and add definitions related to forests and urban forestry without creating new authority; House Amendment 1 was noted as clarifying existing authority for the Department of Agriculture. House Bill 180, the first leg of a constitutional amendment on voting, would limit felony-related voting loss to actual imprisonment or pardon, remove outdated residency and literacy provisions, update the voting age to 18, and eliminate a post-sentence voting ban; members raised a question about whether the change would apply retroactively, which was left for later clarification. No public comments were offered on the bills, and the committee adjourned after announcing written comments would be accepted for 24 hours.