Video & Transcript Research : 'qualified economic development expenditures'

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OK

Oklahoma 2026 Regular Session

Revenue and Taxation Apr 6th, 2026 at 02:00 pm

Revenue and Taxation

Transcript Highlights:
  • Members, House Bill 4426 extends the sunset on the strategic industrial development enhancement, otherwise
  • It will allow for capital investment on new construction and machinery to count towards qualifying for
  • the credit and increases the population size of the city that could qualify to 50,000.
  • So, I think a population of one would qualify.
  • Happenstance if it had happened, would they not qualify then for their taxes to be reimbursed?
OK

Oklahoma 2026 Regular Session

Revenue and Taxation Apr 6th, 2026

Revenue and Taxation

Transcript Highlights:
  • House Bill 4426 extends the sunset on the strategic industrial development enhancement, otherwise known
  • It increases the population size of the city that could qualify to 50,000.
  • So I think a population of one would qualify.
  • Would they not qualify then for their taxes to be reimbursed? They would?
  • So economically, they're still somewhat whole in that the jobs remained, as I understand it.
Summary: The Senate Revenue and Taxation Committee considered several House bills dealing with tax credits, fee changes, school funding, and investment authority. House Bill 4426 extended the sunset on the SIDE tax credit to December 31, 2032, and passed 7-2. House Bill 3704 elected Oklahoma into the federal income tax credit for contributions to scholarship-granting organizations and passed 9-2. House Bill 4311 raised the unclaimed property division’s administrative fee from 4% to 6% to cover increased duties and costs; it passed 8-3 after debate over whether the increase was justified. House Bill 3044 reauthorized the veterans income tax checkoff and the associated capital improvement fund, and passed 10-0. House Bill 4191 revised the Smaller Employer Quality Jobs Act by lowering job thresholds, expanding qualifying locations and industries, and changing other eligibility rules; it passed 6-4. House Bill 3465 extended the emission tax credit sunset from July 1, 2027 to July 1, 2029 and passed 6-4, with opponents arguing it subsidized compliance with federal mandates. House Bill 3972, a title-off bill addressing ad valorem reimbursement issues tied to the state purchase of a prison, drew extensive debate over precedent and scope; an amendment to add a sunset failed 5-5, and the bill then passed 8-2 as amended.
AL

Alabama 2025 Regular Session

Alabama House Financial Services Committee Feb 19th, 2025

Financial Services

Transcript Highlights:
  • What this bill does is take our laws back for the deduction of research expenses and experimental expenditures
  • Replace line 34 on page two with the following: to allow for such expenditures to... ...to allow for
  • such expenditures to follow.
  • one, effective for tax years beginning on or after January 1, 2024, research and experimental expenditures
Bills: HB163
NM

New Mexico 2026 Regular Session

Senate - Tax, Business and Transportation Jan 27th, 2026 at 01:42 pm

Senate Tax, Business & Transportation

Transcript Highlights:
  • The credit rate is 30% for the qualified expenditure. We have a cap, like I said, of $50 million.
  • But at the end of the day, the other side of it is economic development.
  • MRAs are a critical economic development tool, and this tool, as you heard from the speakers before,
  • The one thing that is very important to a state is economic development.
  • This is an incentive to encourage economic development.
OK

Oklahoma 2026 Regular Session

Appropriations and Budget Transportation Subcommittee Feb 9th, 2026 at 10:30 am

A&B Transportation Subcommittee

Transcript Highlights:
  • idea on this is to make sure that the young engineers that we have going into the research and development
  • UASAM, are going to be eligible for the tax credit. ers that we have going into the research and development
OK
Transcript Highlights:
  • This is a research and development ecosystem bill.
  • The commission is also directed to examine whether an incentive meets a strategic economic goal and assess
  • This is to help a lot of our small towns with their biggest challenge when it comes to development, which
  • shall impose through contracts between the governing body and the applicant of the proposed master development
  • I think in a lot of our communities across the state, there is a need for new development and homes being
NM

New Mexico 2026 Regular Session

Senate - Tax, Business and Transportation Jan 29th, 2026 at 02:36 pm

Senate Tax, Business & Transportation

Transcript Highlights:
  • I do have Economic Development Secretary. Chair and members of the committee.
  • I do have Economic Development Secretary, Rob Black, with me.
  • But this bill actually helps with the economic development of New Mexico.
  • Madam Chair and sponsor, qualified expenditure, this section 8 that page 4 is about.
  • We're qualified expenditure this section 8 that page 4 is about, we're now including in connection with
OK
Transcript Highlights:
  • So if they do not qualify for benefits, you know, legally under the SAVE program, it would flag them.
  • property they're going to sell, and they're going to need to reinvest those things into future development
  • House Bill 4426 is, as introduced, it extends the expiration date of the Strategic Industrial Development
HI
Transcript Highlights:
  • Um, next up we have Office of Planning and Sustainable Development. Okay.
  • Development and Technology.
  • </c> department of business economic department of business economic development<00:54:36.880><c> and
  • Development and Tourism.
  • Development and Technology for February 5th, 2026, 9:30 a.m., in Conference Room 423.
Summary: The joint House Committee on Tourism and House Committee on Agriculture and Food Systems heard House Bill 2585 on agricultural tourism. The bill would create statewide uniform standards for agritourism in counties that adopt such ordinances, require registration with county planning departments, and require agritourism to remain secondary and accessory to farming. The Department of Agriculture and Biosecurity supported the measure but recommended amendments to make the language more consistent and to ensure agritourism remains tied to agricultural activity; the Hawaii Farm Bureau also supported the bill with the same general guardrails, while the White Tourism Authority offered comments. A member raised concerns about a trailer/roadside-stand provision, and the department ultimately said it did not support that specific language. The chairs then recommended passage with amendments, including a definition of principal farm operations, clarification that agritourism must not interfere with on-farm operations, revised termination rules after 60 consecutive days without active production with notice and cure procedures, restoration of the department’s proposed change to the trailer language, and technical corrections. HB 2585 passed both committees unanimously with excused members noted. The committees then heard House Bill 2602 on sustainable tourism infrastructure, which would establish a matching grant program in the Department of Business, Economic Development and Tourism for capital projects that improve sustainability and climate resilience in the visitor industry. The Chamber of Commerce Hawaii testified in support. The chair recommended passage with a committee report note estimating a roughly $5 million cost and a date correction, and both committees adopted the recommendation unanimously. House Bill 1948 on single-use plastics was also heard. It would prohibit lodging establishments from providing certain personal care products in small plastic containers and impose civil penalties. The Department of Land and Natural Resources stood on its testimony, and the Department of Health supported the waste-reduction goal but suggested the language belonged in a different chapter. The chair recommended an HD1 that would omit lotions from the definition of personal care products, adopt the Department of Health’s proposed clarification about reusable containers, and correct the date; the measure passed both committees unanimously. Finally, House Bill 1960 on human trafficking was heard. The bill would require the Attorney General to develop human trafficking awareness training for transit accommodation workers, require employers to provide training, keep records, post signage, adopt prevention policies, and report suspected trafficking, with penalties and rulemaking by the Department of Labor and Industrial Relations. The Department of Labor Relations supported the intent but said the Department of Law Enforcement should be the lead agency, and the Hawaii Hotel Alliance strongly supported the bill while asking for amendments to recognize existing industry programs and apply the requirements equitably. The chair recommended an HD1 incorporating a July 1, 2027 deadline for training materials and employer training, adopting the hotel industry and DLE-related amendments, and making technical corrections; HB 1960 passed both committees unanimously.
MN

Minnesota 2025-2026 Regular Session

House Housing Finance and Policy Committee 3/3/26

Housing Finance and Policy

Transcript Highlights:
  • </c> housing and green field developments. housing and green field developments.
  • for-profit development.
  • for-profit development.
  • for-profit development.
  • for-profit development.
Bills: HF3902, HF3895
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Apr 6th, 2026

Oklahoma Senate Floor Meeting

Summary: The Senate convened, established a quorum, and opened with prayer and the Pledge of Allegiance. The chamber then recognized several guests and honorees, including the doctor of the day, Dr. Mukesh Perek; nurse of the day, Cynthia Cochran; psychologist of the day, Dr. Colby Kipp; and a guest introduced by Senator Brooks, Marianella “Nellie” Castaneda, who was honored for her quick action in responding to a distress call that helped prompt a law enforcement response in a domestic violence situation. Senator Brooks and Castaneda both spoke about the incident and the importance of staff responsiveness and public service. The Senate also honored Jalen Lundry of Hayworth, named a national champion in the FFA Agriscience Fair for research on red wiggler worms and soil health. Lundry spoke briefly about her project and thanked Senator George Burns. The Pro Tem recognized April 6, 2026, as National Rifle Association and Oklahoma Rifle Association Day, with representatives from both organizations present in the gallery. The chamber also introduced the week’s pages, who each identified their schools, senators they were paging for, and future plans. No legislation was debated or voted on during the session. Instead, members made committee and floor announcements, including upcoming meetings of Revenue and Taxation, Appropriations, Public Safety, and the Senate Rural Caucus. The Senate then adopted a motion to adjourn and stood adjourned until Tuesday, April 7, 2026, at 1:30 p.m.
LA

Louisiana 2026 Regular Session

Appropriations Apr 22nd, 2026

Appropriations

Transcript Highlights:
  • But we have plenty of Louisiana companies that are qualified.
  • I mean, I would guess there's five or six companies that are qualified.
  • that are qualified to do this auction.
  • And they're very qualified to bid on this auction.
  • And actually shows a decrease in state general fund expenditures.
Summary: The House Appropriations Committee met on April 22 and first considered Chairman Beaulieu’s House Bill 646, a constitutional amendment limiting the amount of State General Fund money that may be appropriated in a fiscal year. After adopting a set of amendments creating the Louisiana Income Tax Elimination Fund and making conforming changes, the committee reported the bill favorably as amended. The companion bill, House Bill 824, which establishes the growth limit formula based on CPI, medical CPI, and population change, was also amended and reported favorably as amended. Supporters framed both measures as a way to keep spending within recurring revenues and create a path toward reducing or eliminating the state income tax. The committee then reported favorably as amended House Bill 1157, creating the Louisiana State Infrastructure Fund to help finance infrastructure-related projects, with testimony that it would leverage private and federal dollars and initially focus on rail, port, road, and bridge projects. House Bill 316, which provides a framework for student literacy reforms for grades four through eight, was presented as having no new cost because the Department of Education said the work was already covered by existing resources; it was reported favorably. House Bill 549, creating the Bayou Growth Opportunity Workforce Program to provide employer-based training grants, also received support from business groups and was reported favorably as amended. House Bill 1129, dealing with the sale of state-owned surplus movable property, drew support from Louisiana auctioneers who argued local firms should be allowed to bid on the state’s auction contract instead of relying on an out-of-state vendor; it was reported favorably. House Bill 873, which would fund pursuit intervention technology through a $2 driver’s license fee, generated significant concern about adding fees and whether the money should instead come from existing budgets. After discussion of the proposed technologies and training, the committee deferred the bill voluntarily to work on alternatives, including a possible sunset and other funding options. Finally, House Bill 752, which would change the timing and duration of regular legislative sessions by joint rule, was reported without action after members noted the revised fiscal note showed a decrease in state general fund expenditures. The meeting then adjourned.
MN

Minnesota 2025-2026 Regular Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 2/20/25

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • Members, we do have a quorum here at the House Workforce, Labor, and Economic Development Finance and
  • </c> safety broadband and economic safety broadband and economic development<00:04:31.759><c> policies
  • <01:31:19.000><c> development</c> economic development economic development project<01:31:21.400><c>
  • <01:31:28.360><c> development</c><01:31:28.800><c> in</c><01:31:29.000><c> those</c> economic development
  • in those economic development in those communities<01:31:30.239><c> some</c><01:31:30.360><c> of</c>
Bills: HF47, HF335
AL

Alabama 2025 Regular Session

Alabama House Ways and Means General Fund Committee Apr 9th, 2025

Ways and Means General Fund

Transcript Highlights:
  • So, no qualifying event while employed, but in that 10 years of retirement...
  • So, when you say a qualifying event related to the...
  • If you're over 75, you no longer qualify or whatever.
  • And also, I wanted to ask about the qualifying events because we all know qualifying events because we
  • So, I think if they've been doing that, they simply would qualify under this they simply would qualify
MN

Minnesota 2025-2026 Regular Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 4/1/25

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • is economic development.
  • Public investments in early care and education are economic development, and they are economic development
  • Public investments in early care and education are economic development, and they are economic development
  • </c><00:19:24.080><c> Development</c> institutions Economic Development institutions Economic Development
  • </c><00:34:38.720><c> Development</c> Eden the Economic Development Eden the Economic Development Association
FL

Florida 2026 Regular Session

Appropriations Committee on Transportation, Tourism, and Economic Development Feb 4th, 2026

Appropriations Committee on Transportation, Tourism, and Economic Development

Transcript Highlights:
  • The Appropriations Committee on Transportation, Tourism, and Economic Development will now come to order
Bills: S0214, S0694, S1266
Summary: The Appropriations Committee on Transportation, Tourism, and Economic Development met with a quorum present and considered three bills. First, SB 214 by Senator McLean, a rural access bill for special districts, was amended to allow independent special districts in rural areas to receive certain state and federal financial assistance payments directly for verified work rather than relying on reimbursement. Testimony in support came from representatives of water and sewer entities and the Florida Association of Special Districts. The committee adopted the amendment and then reported CS/SB 214 favorably. Next, the committee took up CS/SB 1266 by Senator Collada on cybersecurity internships and workforce readiness. The bill was amended to create a cybersecurity experiential learning opportunity and clearance readiness program within the Department of Commerce, working with Cyber Florida at USF. A proposed amendment to the amendment was withdrawn by Senator Bernard. With no opposition noted, the committee adopted the amendment and then reported CS/SB 1266 favorably. Finally, the committee heard CS/SB 694 by Senator Bracey Davis, which provides compensation to the descendants of the Groveland Four—Charles Greenlee, Walter Irvin, Samuel Shepard, and Ernest Thomas—for wrongful convictions and related harms. The bill was presented as a justice and redress measure, with supportive testimony from Delatry Hollinger and comments from Senator Smith and the chair praising the effort. The committee reported CS/SB 694 favorably, and then adjourned without further business.
LA

Louisiana 2026 Regular Session

Appropriations Apr 22nd, 2026

Appropriations

Transcript Highlights:
  • But we have plenty of Louisiana companies that are qualified.
  • That are qualified in the state of Louisiana? Yes. Do you have an idea?
  • that are qualified to do this auction.
  • And they're very qualified to bid on this auction.
  • And actually shows a decrease in state general fund expenditures.