Video & Transcript Research : 'payroll deduction IRA'
Page 1 of 148
AL
Alabama 2025 Regular Session
Alabama Senate Finance and Taxation General Fund Committee Feb 19th, 2025
Finance and Taxation General Fund
Transcript Highlights:
- a minimum of 3% of their... contribute a minimum of 3% of their wages through payroll deductions, with
- IRAs.
- deduction.
- deductions for political activities.
- Yes, or membership deduction dues. Yes, or membership deduction dues. Yes, or membership deduction.
Keywords:
State Auditor, property investigations, negligence, loss report, civil actions, Alabama Retirement Savings Program, state-facilitated retirement savings, auto-IRA, automatic enrollment, payroll deduction IRA, retirement savings access gap, private sector workers, small business retirement plan, portable retirement account, Roth IRA, traditional IRA, life-cycle fund, capital preservation fund, financial literacy, Department of Workforce
AL
Alabama 2025 Regular Session
Alabama House State Government Committee Feb 12th, 2025
State Government
Keywords:
HB141, Alabama, state employees, salary deductions, payroll deduction, State Comptroller, membership dues, voluntary contributions, insurance premiums, financial instruments, employee associations, state payroll, Code of Alabama 1975, Section 36-1-4.3, public employees, union dues, benefits administration, payroll withholding, financial products, deferred compensation
AL
Alabama 2025 Regular Session
Alabama Senate Finance and Taxation General Fund Committee Mar 5th, 2025
Finance and Taxation General Fund
Transcript Highlights:
- An important part of this is to have a tax deduction; it's just like the...
- A tax deduction, it's just like the college council program.
- It's a tax deduction of $5,000 for single filing and $10,000 for joint filing.
- You know what the bill does not do, and that is it does not allow payroll deductions from political contributions
- Section 17-75 in the first line, which prohibits organizations from payroll deductions from political
Keywords:
income tax, CHOOSE Act, education funding, ABLE account, tax credits, poverty threshold, legislative funding, HB89, Medicaid, pregnant women, pregnancy, prenatal care, ambulatory prenatal care, presumptive eligibility, temporary Medicaid coverage, Alabama Medicaid Agency, maternal health, low-income women, health coverage, eligibility determination
AL
Alabama 2026 1st Special Session
Alabama Senate Finance and Taxation General Fund Committee Feb 4th, 2026
Finance and Taxation General Fund
Transcript Highlights:
- swipes a Coca-Cola, uh, you know, rings it up under the wrong thing and next thing you know it's deducted
- swipes a Coca-Cola, uh, you know, rings it up under the wrong thing and next thing you know it's deducted
- thing you under the wrong thing and next thing you know<00:20:29.520>
it's <00:20:30.000>deducted of <00:20:30.799>SNAP <00:20:31.200>and <00:20:31.760>the know it's deducted- out of SNAP and the know it's deducted out of SNAP and the store<00:20:32.240>
is <00:20:32.400
Keywords:
property, acknowledgment, conveyance, business entities, limited liability companies, state employees, payroll deduction, salary deduction, comptroller, membership association, membership dues, voluntary contributions, insurance premiums, financial instruments, deferred compensation, state payroll, employee benefits, association dues, withholding, Alabama Code 36-1-4.3
TX
Texas 89th Regular
S/C on County & Regional Government May 5th, 2025
S/C on County & Regional Government
Keywords:
county jailer, jail training, veterans, Texas Veterans Commission, Texas Commission on Law Enforcement, TCOLE, criminal justice system, county jail, law enforcement training, mental health training, jail standards, correctional officers, veteran services, veteran interaction, occupations code, jailer licensing, parking, county courthouse, infrastructure, local government
MN
Minnesota 2025 1st Special Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 5/6/25
Workforce, Labor, and Economic Development Finance and Policy
Keywords:
workers' compensation, insurance programs, employee protection, Minnesota statutes, safety regulations, prevailing wage, certified payroll, payroll reporting, construction contracts, public works, project registration, labor standards, contractor compliance, subcontractor reporting, state government, Department of Administration, Commissioner of Labor and Industry, Metropolitan Council, highway construction, public construction
AL
Alabama 2026 1st Special Session
Alabama Senate County and Municipal Government Committee Mar 10th, 2026
County and Municipal Government
Keywords:
education oversight, subpoena authority, investigation, State Superintendent, school misconduct, ad valorem tax, road funding, local government, referendum, Choctaw County, HB141, Alabama, state employees, salary deductions, payroll deduction, State Comptroller, membership dues, voluntary contributions, insurance premiums, financial instruments
MN
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
MN
Minnesota 2025-2026 Regular Session
State Committee Meeting - 2026-04-09
State Government Finance and Policy
Transcript Highlights:
- Certified payroll strengthens oversight.
- Many contractors already use established payroll systems to meet current requirements.
- high-deductible health plans.
- high-deductible health plans.
- option. that require a high deductible option.
Keywords:
Central and Eastern European Affairs, ethnic council, advisory council, Minnesota state government, immigrant communities, refugees, humanitarian parolees, Ukraine, Poland, Croatia, Hungary, Moldova, Romania, Serbia, Czech Republic, Baltic states, Slovakia, Slovenia, Kosovo, Russia
Summary:
The committee first approved the April 7, 2026 minutes and then held an informal hearing on House File 4364, which would establish a Central and Eastern European Ethnic Council in Minnesota. Representative Jordan and testifiers Mykola Mager and Julia Miller described the large Central and Eastern European community in Minnesota, its contributions to the state, and the need for a formal advisory body to help address barriers to government services, support refugees, workforce development, entrepreneurship, and cultural understanding. Members expressed general support and noted the bill’s importance, but no formal action was taken on the bill during the hearing.
The committee then took up House File 4543, a bill to create a centralized payroll reporting portal for prevailing wage projects. Representative Frazier said the bill would reduce administrative burden on project owners, improve transparency and accountability, and help prevent wage theft, misclassification, tax fraud, and insurance fraud. Testifiers from county, city, and contractor groups largely supported the idea of streamlining reporting, but contractor representatives raised concerns about employee data privacy, public access to sensitive payroll information, duplication of existing systems, interoperability with contractor software, and the need for stakeholder engagement. Members echoed both support and caution, and the bill was laid over as amended rather than advanced.
Finally, the committee considered House File 4821, described by Chair Klevorn as addressing the “penny problem” and a related change to high-deductible insurance plans. The bill would authorize state agencies to round cash transactions because of the penny shortage and would change MMB’s obligation to offer certain high-deductible health plans from “must” to “may,” producing modest administrative savings. Members questioned the drafting of the rounding language and asked about cash transactions at state agencies and the handling of cannabis tax payments. The chair noted the bill had missed the deadline and would be caught by the chief clerk’s office; the discussion ended with the bill being laid over as amended.
AZ
Transcript Highlights:
- The bill replaces the state's standard deduction by coupling with the federal standard deduction and
- modifies the charitable contribution deduction.
- the standard deduction per H.R. 1.
- The standard deduction change is only one year? Yes, Mr. Chair.
- the standard deduction per H.R. 1.
Bills:
SB1638
Keywords:
taxation, income tax, internal revenue code, deductions, tax benefits, retroactive, standard deduction, 1182, all
Summary:
The Senate Finance Committee took up SB 1638, a tax conformity bill that would update Arizona’s tax code to the Internal Revenue Code as of January 1, 2026 and incorporate federal changes from 2025. The bill also included individual income tax subtractions for tips, overtime, seniors, and auto loan interest, along with changes to the standard deduction and charitable contribution deduction. Committee discussion focused heavily on whether Arizona should conform broadly to federal changes or limit the bill to more targeted, temporary provisions.
Two amendments were considered. The chair’s amendment was described as clarifying only, addressing retroactivity and foreign dividend language, and it was adopted. Senator Epstein’s amendment would have removed the broader conformity provisions and the modified charitable deduction, limited the standard deduction change to tax year 2025, and kept the individual subtractions; she argued the business-related conformity items mainly benefited corporations and should be negotiated in the budget. Opponents said the amendment would create unnecessary recalculations and uncertainty for taxpayers and businesses, while supporters of the underlying bill said conformity was needed quickly to match Department of Revenue forms and avoid filing-season confusion. Epstein’s amendment failed.
Public testimony split along similar lines. Business and tax group representatives supported prompt conformity, saying taxpayers and small businesses needed certainty and that the department’s forms should be codified. Opponents argued the bill would reduce state revenue substantially and mainly benefit higher-income taxpayers and corporations, while diverting money from education, child care, and health care. After debate, the committee voted to move SB 1638 as amended with a do-pass recommendation, passing it by about 4-3, and then adjourned.
AL
Alabama 2026 1st Special Session
Alabama House Ways and Means General Fund Committee Feb 18th, 2026
Ways and Means General Fund
Transcript Highlights:
- Well, the three or four hours they're sitting there not running a call, payroll is still rolling.
- Payroll is still rolling. Lots are call. Payroll is still rolling.
Keywords:
appropriation, transportation, judicial system, funding, state budget, Pickens County, local act, vehicle tag fee, registration fee, issuance fee, motor vehicle registration, license plate, replacement tag, transfer tag, renewal fee, county revenue, earmarked funds, ambulance service, emergency medical services, EMS
NM
New Mexico 2026 Regular Session
Senate - Tax, Business and Transportation Jan 22nd, 2026 at 03:09 pm
Senate Tax, Business & Transportation
Transcript Highlights:
- because $4,000 is really nothing to a doctor's salary. ...deduction because $4,000 is really nothing
- your deductible.
- Co-insurance is the percentage that you pay after you meet your deductible.
- Several years ago, the legislature eliminated GRT on co-pays and deductibles.
- Last year, Senate Bill 455 added the term co-insurance to the gross receipts deduction definition.
Keywords:
tax credit, physician, healthcare, income tax, rural health, tax deduction, gross receipts, coinsurance, managed care, 996, all
MN
Transcript Highlights:
- <00:08:09.840>
for a taxpayers's itemized deduction for a taxpayers's itemized deduction for - <00:34:13.599>
is business interest deduction is business interest deduction is calculated - Uh in addition um the deduction.
- <00:35:49.119>
Uh ...was allowed a deduction up to 100%. That's a first-year deduction. - because of the timing of the deductions because of the timing of the deductions and<00:51:17.280
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
NM
New Mexico 2026 Regular Session
Senate - Tax, Business and Transportation Feb 7th, 2026 at 06:52 pm
Senate Tax, Business & Transportation
Transcript Highlights:
- Senate Bill 92, which is the construction materials gross receipts tax deduction.
- Creates a new gross receipts tax deduction for receipts from the sale of certain in-office equipment
- Senate Bill 92, which is the construction materials gross receipts tax deduction.
- Creates a new gross receipts tax deduction for receipts from the sale of certain in-office equipment
- Housing projects and continue to receive the deduction. So this tightens up that. Oh, okay.
Keywords:
tax credit, physician, healthcare, income tax, rural health, quantum technology, infrastructure, economic development, New Mexico, corporate tax, research and development, innovation, affordable housing, gross receipts tax, tax deduction, construction materials, multifamily housing, low income, journalism, local news
HI
Transcript Highlights:
- This disallows the home mortgage interest deduction for second homes under state income tax law.
- mortgage interest deduction on second homes.
- <00:22:26.160>
for know, increased tax deductions for know, increased tax deductions for purchasing - interest deduction on second homes. interest deduction on second homes.
- Um, and I will blank out the deduction and contribution amounts and effect the date.
Keywords:
owner-builder, exemption, housing crisis, contractor, leasing restrictions, affordable housing, construction, regulations, teacher housing, housing vouchers, teacher retention, Hawaii Department of Education, hard-to-staff schools, housing, first-time home buyers, savings account, tax deductions, homeownership, savings accounts, tax deduction
Summary:
The House Housing Committee heard testimony on several housing-related bills. HB 1743 would expand the owner-builder exemption by repealing a leasing restriction and requiring notice when a leased residential structure was built by an unlicensed contractor. Subcontractors Association of Hawaii and the Contractors Licensing Board opposed the bill, warning it could encourage unlicensed contracting and weaken consumer protections, while Hawaii Realtors, Housing Hawaii’s Future, Grassroot Institute of Hawaii, BIA Hawaii, and others supported it as a way to increase housing flexibility. After questions about whether licensed electrical and plumbing work would still be required, the committee voted to pass HB 1743 with amendments and a defective date.
The committee also heard and advanced HB 2122 HD1 on teacher housing, which would create a teacher housing assistance program using vouchers from the teachers housing revolving fund. Testimony included support from the Chamber of Commerce of Hawaii, Housing Hawaii’s Future, the Democratic Party of Hawaii Education Caucus, and individuals, with the Office of Collective Bargaining in opposition and the Department of Education offering comments. The bill was voted out as is. The committee then considered HB 1756 and HB 1837, both updating the individual housing account program to reflect current housing prices; supporters including Housing Hawaii’s Future and the Office of Hawaiian Affairs said the limits were outdated and needed inflation adjustments, and HB 1756 was passed with amendments while HB 1837 was deferred as nearly identical.
HB 1729 would disallow the state home mortgage interest deduction for second homes. Hawaii Realtors opposed it, while Housing Hawaii’s Future supported it as a way to prioritize first-time homebuyers and reduce competition from second-home buyers. The chair noted a possible revenue savings estimate and the committee passed the bill with amendments, with several reservations. Finally, HB 2559 would prohibit real estate brokers from marketing residential property to limited exclusive groups of buyers, which the Office of Consumer Protection said needed an enforcement clarification and the Realtors said could affect some legitimate private-listing situations. The chair proposed replacing the outright ban with a disclosure requirement for private listings, and the committee passed HB 2559 with amendments. The hearing then adjourned after the chair thanked members, staff, and the public.
MN
Minnesota 2025-2026 Regular Session
State Committee Meeting - 2026-04-16
State Government Finance and Policy
Transcript Highlights:
- And also there is to allow MMB to, instead of must, offer a high deductible plan in the insurance pools
Bills:
HF4074
Keywords:
retirement, pension, public employees, MSRS, PERA, TRA, St. Paul Teachers Retirement Fund Association, police and fire, correctional employees, probation officers, telecommunicators, dispatchers, 911 operators, public safety answering point, PSAP, firefighters, volunteer firefighters, paid on-call firefighters, fire relief association, state aid
AL
Alabama 2025 Regular Session
Alabama House Ways and Means Education Committee Mar 19th, 2025
Ways and Means Education
Keywords:
parental leave, state employees, local education agencies, adoption, work-life balance, family support, portable benefits, portable benefit account, independent contractor, gig worker, 1099 worker, freelancer, app-based worker, rideshare, delivery driver, worker benefits, health insurance, retirement benefits, life insurance, income replacement insurance
MN
Bills:
HF11
Keywords:
Minnesota Paid Leave, paid family and medical leave, family leave, medical leave, implementation delay, premium collection, employer premiums, state payroll tax, workforce, labor, benefits administration, DEED, Department of Employment and Economic Development, employer notice, seasonal employees, private plans, actuarial study, outreach and education, employee rights, reinstatement
MN
Bills:
HF11
Keywords:
Minnesota Paid Leave, paid family and medical leave, family leave, medical leave, implementation delay, premium collection, employer premiums, state payroll tax, workforce, labor, benefits administration, DEED, Department of Employment and Economic Development, employer notice, seasonal employees, private plans, actuarial study, outreach and education, employee rights, reinstatement
NM
New Mexico 2026 Regular Session
Senate - Tax, Business and Transportation Feb 5th, 2026 at 04:18 pm
Senate Tax, Business & Transportation
Transcript Highlights:
- Like we said, we do not have certified payroll specifically on contractors to verify that.
- So at this point, we are talking about the diesel GRT deduction.
- So at this point, we are talking about the diesel GRT deduction.
- Is the hold harmless in this one different from the other health care GRT you have deduction?
- She discussed making it a deduction and also because— Going to have to take care of.
Bills:
SB190, SB152, SB77, SB150, SB151, SB156, SB172, SB182, SB185, SB212, SB170, SB133, SB174, SB163
Keywords:
cancer treatment, revenue bonds, Gila Regional Medical Center, Nor-Lea General Hospital, healthcare funding, telecommunications, low-income assistance, lifeline, broadband, rural broadband, universal service fund, public regulation commission, PRC, 911 surcharge, telecommunications relay service, VoIP, mobile service, internet affordability, digital equity, digital inclusion