Video & Transcript Research : 'property exemption'

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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.
  • it's an exemption for property tax. it's an exemption for property tax.
  • I discovered I wasn't eligible for the veterans property tax exemption until 2009.
  • <00:52:00.000> tax<00:52:00.400> exemption uh veterans uh property tax exemption uh
  • veterans uh property tax exemption until<00:52:01.680> 2009.
TX

Texas 89th Regular

Local Government Apr 22nd, 2025

Local Government

Transcript Highlights:
  • This bill is going to have probably the greatest impact on senior property taxpayers and disabled property
  • The general homestead exemption was $5,000. The general homestead exemption was $5,000.
  • The disabled and veterans exemption was $10,000.
  • We do have the best property tax system in the country.
  • 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.
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
  • tax exemption, which is 75% of property tax abatement for 20 years.
  • It stays with the property and the title property owner. The exemption is not transferable.
  • The minute he sells it to said young family, they get the property tax exemption for the remainder of
  • The second step, after the freeze, they would be eligible for additional property tax exemption on top
TX

Texas 89th Regular

Ways & Means May 12th, 2025

Ways & Means

Transcript Highlights:
  • of where property owners live or own property.
  • This relates to an exemption from certain.
  • It exempts sales tax on aircraft parts.
  • tax exemptions and allocations, specifically the Freeport exemption and allocation for property use.
  • to hold INS tax rates constant while property values rise.
FL

Florida 2026 Regular Session

Appropriations Feb 5th, 2026

Appropriations

Transcript Highlights:
  • And in many cases, it is the current property tax on that property.
  • tax would be when you are showing a piece of property, negotiating a sale of a piece of property?
  • property.
  • And in many cases, it is a, the current property tax on that property.
  • tax would be when you are showing a piece of property, negotiating a sale of piece of property?
Bills: S7040, S0110, S0434, S0856
Summary: The committee met with a quorum present and took up three property-tax related bills before turning to a broader discussion of the Emergency Preparedness and Response Fund. SB 434, which would prohibit counties from increasing a residential property’s assessed value because the owner installed wind mitigation measures, was presented by Senator Lee and reported favorably. CS for SB 110, which clarifies that holders of 98-year-or-longer residential leases remain eligible for the homestead exemption even if the lease ends at death, was also reported favorably. SB 856, requiring online residential listing platforms to display estimated property taxes using prescribed calculation methods and not the current owner’s tax bill, drew support from property appraisers, Zillow representatives, and others and was reported favorably after questions about transparency and realtor obligations. The committee then considered SPB 7040, which would recreate and extend the Emergency Preparedness and Response Fund through December 31, 2027. Senator DiCeglie and Division of Emergency Management Director Kevin Guthrie argued the fund is needed for hurricane response, other natural and man-made emergencies, and reimbursement-based spending; they said the extension preserves legislative oversight that would otherwise lapse. Several senators questioned the use of the fund for immigration-related operations, detention facilities, and other non-disaster activities, as well as the lack of additional guardrails, reimbursement timing, and transparency. Guthrie said the division has used the fund for hurricanes, flooding, civil unrest, security operations, and other incidents, and that some reimbursements are still pending from the federal government. Public testimony on SPB 7040 was largely opposed. Speakers from the Florida Center for Fiscal and Economic Policy, the Southern Poverty Law Center, Florida for All, and others argued the fund has been repurposed for immigration enforcement and detention-related spending rather than true emergencies, and raised concerns about deaths in detention and the absence of competitive bidding and oversight. Guthrie answered extensive questions about the South Florida and North Florida detention facilities, Operation Vigilant Sentry, State Guard support, reimbursement requests, equipment purchases, and legislative access to facilities. The committee did not take a final vote on SPB 7040 within the portion of the transcript provided.
FL

Florida 2026 Regular Session

Finance and Tax Jan 28th, 2026

Finance and Tax

Transcript Highlights:
  • property visible on their platform.
  • I'm Mike Twitty, Pinellas County Property Appraiser, and I'm also the legislative chair for the Property
  • unless an exemption applies, like a transfer to a spouse.
  • unless an exemption applies, like a transfer to a spouse.
  • It's another depreciation deduction for real property.
Bills: S0110, S0434, S0856
Summary: The committee heard and passed three bills before moving to a staff presentation on the state revenue forecast and the federal One Big Beautiful Bill Act. SB 856, by Senator DeSantis? [sic], would require online real estate listing platforms to display estimated property taxes for residential properties using prescribed methods and DOR-developed formulas rather than the current owner’s tax bill. Supporters from county, city, and property appraiser groups said the bill would improve transparency and help homebuyers avoid surprise tax and escrow increases. The bill was reported favorably after debate about making sure the estimate appears on realtor and platform sites for first-time buyers. SB 110, by Senator Arrington, was amended and then reported favorably. The bill clarifies that people holding 98-year-or-longer residential leases remain eligible for the homestead tax exemption even if the lease ends upon the tenant’s death, aligning those leaseholds with life estates for estate-planning purposes. The amendment, supported by the Florida Bar’s real property, probate and trust law section, clarified that lease provisions terminating at death are valid under current law. SB 434, by Senator Leak, was also reported favorably; it would prevent property tax assessments from reflecting increased just value attributable to wind-hardening improvements such as stronger roof attachments, shutters, and roof-to-wall reinforcements. The committee then received an update from staff director Azar Khan on the new general revenue forecast. He said collections had been running slightly above estimate overall, but the Revenue Estimating Conference reduced corporate income tax projections because of weaker recent collections and uncertainty around tariffs, while increasing some other revenue sources. Members then discussed the federal One Big Beautiful Bill Act, which staff said would significantly reduce Florida corporate income tax revenue, with a large first-year impact driven by retroactive provisions such as bonus depreciation, research expensing, and business interest deductions. Senators and the appropriations chair said the forecast and federal changes would affect budget planning, and the committee adjourned after noting the bills had been favorably reported and the meeting was complete.
TX

Texas 89th Regular

Press Conference: Lt. Governor Dan Patrick Feb 12th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • It was a focus on cutting property taxes, fortifying the grid, and addressing water and affordable housing
  • that should have passed the House last year and said we're not giving up on our $100,000 Homestead exemption
WY

Wyoming 2026 Regular Session

Senate Revenue Committee, February 16, 2026

Revenue

Transcript Highlights:
  • <00:08:02.000> because bill that would then be exempt because bill that would then be exempt
  • forward that would be exempt. forward that would be exempt. >> So<00:08:07.840> Mr.
  • > in<00:38:17.520> this exemption is eliminated in this exemption is eliminated in this
  • confiscate your money to get property confiscate your money to get property tax<00:55:44.640>
  • on the owner's the employer's property on the owner's the employer's property. property. property.
Bills: SF0061, SF0098, SF0110
TX
Transcript Highlights:
  • This bill is going to have probably the greatest impact on senior property taxpayers and disabled property
  • to a whopping $200,000 exemption.
  • The General Homestead exemption was $5,000. The disabled and veterans exemption was $10,000.
  • We do have the best property tax system.
  • And that’s what a homestead exemption like this does.
Bills: SB23, SJR85, SB 23
WY
WY

Wyoming 2026 Regular Session

House Revenue Committee, February 10, 2026

Revenue

Transcript Highlights:
  • And the assessor can notate that and, of course, apply the exemption for that property.
  • And the assessor can notate that and, of course, apply the exemption for that property.
  • And the assessor can notate that and, of course, apply the exemption for that property.
  • And the assessor can notate that and, of course, apply the exemption for that property.
  • the exemption shall apply to both properties for the portion of the year in which the property was owned
Bills: HB0045
TX

Texas 89th Regular

Ways & Means Mar 31st, 2025

Ways & Means

Transcript Highlights:
  • In order for a property owner to claim the tax exemption under this law, they have to sign an affidavit
  • inspection, that the property is eligible for an exemption.
  • House Bill 511 adds a property tax exemption for unpaid care of individuals on the interest list for
  • What the bill does is make those people, if they're property owners, eligible for for a tax exemption
  • We, the VFW and the veteran community, are grateful for this property tax exemption.