Transcript Highlights:

• That's Senate Bill 434, assessment of property used for residential purposes, by Senator Lee.
• This bill makes clear that they may not increase the assessment of a property based on wind mitigation
• This clarification is recommended by the real property, probate, and trust law section of the Florida
• And in many cases, it is the current property tax on that property.
• property.

Bills: S7040, S0110, S0434, S0856

Keywords: property assessment, wind damage, home improvements, real estate, tax exemption, Florida statutes, ad valorem taxes, property listings, tax estimation, disclosure, Florida, residential property

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.

Transcript Highlights:

• This clarification is recommended by the real property probate and trust law section of the Florida Bar
• This clarification is recommended by the real property probate and trust law section of the Florida Bar
• This clarification is recommended by the real property probate and trust law section of the Florida Bar
• We have French Brown with the Real Property, Probate and Trust Law Section of the Florida Bar waving
• It's another depreciation deduction for real property.

Bills: S0110, S0434, S0856

Keywords: property assessment, wind damage, home improvements, real estate, tax exemption, Florida statutes, ad valorem taxes, property listings, tax estimation, disclosure, Florida, residential property

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.

Bills: SF0110, SF0096

Keywords: property tax, residential real estate, tax assessment, primary residence, tax revenue, tobacco, excise tax, wholesalers, remote retail sales, nicotine products, youth prevention, regulation, licensing, 916, all

Transcript Highlights:

• Because I know we in the real estate world would not use a CPI to determine value on a property.
• So they would only be assessed on 210,000 for the next five years, even though the value of the property
• 65, I think—don't we freeze the assessed value of property? That's correct, right? Currently, yeah.
• a property.
• I mean, when somebody calls you and says, hey, I think you've assessed my property too high.

Bills: HB287, HB340, HB412, HB440, HB514, HB515, HB521, HB543, HB553, HB570, HB961

Keywords: HB 287, Louisiana Tax Commission, ad valorem, property tax, property assessment, assessment fees, fee extension, sunset extension, public service property, utility property, insurance company property, financial institution property, tax administration, R.S. 47:1838, Act 296, reappraisal, ad valorem tax, valuation, Louisiana tax law, homestead exemption

Transcript Highlights:

• But roughly what you see is about 70% of the property tax mills that are assessed.
• tax mills that are the property tax mills that are assessed,<00:34:36.079><c> these</c><00:34:36.399
• Yeah, real<00:41:22.160><c> quick.</c> real quick. real quick.
• on the owner's the employer's property on the owner's the employer's property. property. property.
• Chairman, um, starting on line nine, residential real property means real property improved by a dwelling

Bills: SF0061, SF0098, SF0110

Keywords: sales tax, motor vehicle, family transfer, tax exemption, Wyoming legislation, veteran, property tax exemption, Wyoming National Guard, honorable discharge, tax benefits, surviving spouse, military service, property tax, residential real estate, tax assessment, primary residence, tax revenue, 916, all

Transcript Highlights:

• > that</c><00:04:14.400><c> we're</c> assess against that property that we're assess against that property
• That won't be assessed against their property. That on average gives us a 25% statewide reduction.
• This bill, this proposal, is a very large change to the way we've historically assessed property and
• This bill, this proposal, is a very large change to the way we've historically assessed property and
• </c> Wyoming at the top, residential real Wyoming at the top, residential real property<01:04:36.400>

Bills: SF0110, SF0044, SF0046

Keywords: property tax, residential real estate, tax assessment, primary residence, tax revenue, gambling, lotteries, raffles, social relationships, charitable gaming, gaming, liquor establishments, skill based amusement games, regulations, age restrictions, 916, all

Transcript Highlights:

• House Bill 2261 defines Class 2 property as agricultural real property and renames the article heading
• of Title 42, Chapter 12, Article 4 to Agricultural Real Property Classification.
• for property taxes.
• Agricultural property for property taxes.
• The court did acknowledge the state law could use the same term for agricultural real property, so as

Bills: HB2120, HB2173, HB2261, HB2786, HB2792

Keywords: property tax exemption, disability, veterans, widows, income limits, Arizona Revised Statutes, property tax, electronic communication, tax assessment, tax correction, real estate, agriculture, tax classification, land use, nonprofit organizations, transaction privilege tax, tax exemption, textbook rental, education, business leasing

Transcript Highlights:

• Okay, pause real quick. Matt Woods just sent me a text... ...quick.

Bills: HB402, HB402

Keywords: rural impact, legislation, agriculture, school funding, transparency, data assessment, rural communities, land bank authority, property acquisition, tax-delinquent properties, real estate management, local government revenue, floodplain management, stormwater drainage, emergency powers, 1136, house, all

Transcript Highlights:

• So, if you want to hang real close by in the chairs there, that'd be great.
• you</c><00:15:30.959><c> want</c><00:15:31.040><c> to</c><00:15:31.360><c> hang</c><00:15:31.680><c> real
• 00:15:32.000><c> close</c><00:15:32.160><c> by</c><00:15:32.320><c> in</c> So, if you want to hang real
• close by in So, if you want to hang real close by in the<00:15:32.639><c> chairs</c><00:15:32.959><c
• We do a bunch of pre-checks and financial capacity checks and risk assessments before we enter into the

Bills: HF3426, HF3428

Keywords: natural resources, environment, sustainability, conservation, outdoor recreation, land acquisition, real property, trust fund, commissioner approval, Department of Natural Resources, DNR, conservation easement, land purchase, state land, public lands, property acquisition, value assessment, tax assessed value, Metropolitan Council, Board of Water and Soil Resources

Transcript Highlights:

• It would make an exception to property subject to ad valorem and that would be personal property of an
• Senate Bill 2143 updates how Oklahoma counties assess properties for ad valorem taxes.
• Does this replace physically going to inspect properties on the property?
• We have seen changes in properties that are being assessed over the last couple of years, marijuana being
• Whenever currently our property taxes assessed against our citizens tend to bump up at that 3% and continue

Bills: SB1280, SB1392, SB1393, SB1395, SB1400, SB1405, SB1832, SB1839, SB1989, SB2001, SB2143

Keywords: excise tax, oil tax, natural gas tax, state revenue, Oklahoma Corporation Commission, income tax, tax credit, aerospace sector, employment, economic development, adaptive reuse, affordable housing, urban renewal, economic impact, program, housing, revitalization, urban development, income tax credit, manufacturing

Transcript Highlights:

• So I understand if your property is taken through eminent domain, you buy a new property.
• Senate Bill 2143 updates how Oklahoma counties assess properties for ad valorem taxes.
• Senate Bill 2143 updates how Oklahoma counties assess properties for ad valorem taxes.
• Does this replace physically going and inspecting properties or structures on the property?
• We have seen changes in properties that are being assessed over the last couple years, marijuana being

Bills: SB1280, SB1392, SB1393, SB1395, SB1400, SB1405, SB1832, SB1839, SB1989, SB2001, SB2143

Keywords: excise tax, oil tax, natural gas tax, state revenue, Oklahoma Corporation Commission, income tax, tax credit, aerospace sector, employment, economic development, adaptive reuse, affordable housing, urban renewal, economic impact, program, housing, revitalization, urban development, income tax credit, manufacturing

Summary: The Senate Revenue and Taxation Committee took up a mix of tax policy, incentive, and administrative measures, beginning with an annual motion authorizing the chair to request OSBI background checks for any Horse Racing Commission nominees. The committee then passed Senate Bill 1839, as amended, to create a de minimis ad valorem tax exception for personal property valued at $5,000 or less per account. The committee also confirmed Daniel LaFortune to the Oklahoma Tax Commission by a 12-0 vote, with LaFortune emphasizing his IRS background and commitment to customer service and fairness. Several other bills were approved, including Senate Bill 1280 to align the plugging fund sunset date in the tax code with another statute; Senate Bill 1832 to reauthorize income tax refund checkoffs for veterans programs; Senate Bill 2001 to freeze property taxes for three years for homeowners displaced by a turnpike or eminent domain, though members raised concerns about downsizing and future valuation; and Senate Bill 1405 to renew the wildlife diversity checkoff, with testimony clarifying it would fund non-game species rather than predator reintroduction. Senate Bill 1989 also passed, expanding the Oklahoma College Savings Plan to accept digital payment platforms such as Venmo and PayPal, with members discussing how deposits would be tracked. The committee then considered Senate Bill 2143, which would allow counties to use aerial or satellite imagery and fixed-wing aircraft for property assessment while excluding drones; supporters cited efficiency, safety, and accuracy, while opponents raised privacy, foreign-company, and taxpayer-frustration concerns. The bill passed 7-4. Senate Bill 1393, a housing redevelopment tax credit for vacant and abandoned properties, passed 8-3 after discussion about affordable housing requirements and project ranking. The committee also approved three Incentive Evaluation Commission recommendations: Senate Bill 1392 to increase the aerospace engineer employee tax credit, Senate Bill 1395 to limit carryforward of the new jobs tax credit to seven years, and Senate Bill 1400 to consolidate aircraft-related sales tax exemptions. The meeting adjourned after the chairman noted more bills would be heard at a later meeting.

Bills: HB148, HB203, HB360, HB552, HB 1244, HB 1284, HB1533, HJR30, HB148, HB203, HJR30

Keywords: residential property, ad valorem tax, leasing, property appraisal, fair market rent, housing affordability, appraised value, tax limitation, housing market, affordable housing, leased residential real property, rent control, Texas Tax Code, property tax, residential leasing, homestead, tax code, appraisal review board, real estate sales, property tax relief

Transcript Highlights:

• that assessment on.
• So now you've got property that's already blighted property.
• of property.
• It's $5,000, up to an additional $5,000 of the assessed valuation of the property.
• Today we track what is assessed in property taxes, but we do not consistently track what is actually

Bills: HCR35, HB440, HB515, HB543, HB614, HB1010, HB1039, HB1088, HB1122, HB1179, HB1200

Keywords: tax delinquency, property sale, rehabilitation, Louisiana State Law Institute, legislation, homestead exemption, property tax, parish governance, Louisiana Constitution, voter approval, adjudicated property, real estate, political subdivisions, property sales, government authority, residential lease, tax credit, property valuation, Louisiana constitution, disaster response

Transcript Highlights:

• Johnson's property, been there for 40 years, they buy it, turn it into a rental property.
• property transactions.
• Zip codes we we target areas that are in real need.
• So essentially the property value study serves as a verification of local property appraisals, and if
• The task force will examine the administrative burden of all properties involved.

Bills: HB249

Keywords: real property, ad valorem tax, tax appraisal, property value limitation, real estate taxation, property ownership

Transcript Highlights:

• Clerk: SB number 16 by West relating to real property theft and real property fraud, establishing recording
• real property theft and real property fraud and establishing a statute of limitations, restitution,
• encumbers real property.
• Secondly, the bill creates the criminal offenses of real Member: property theft and real property fraud
• Clerk: SB number 16 by West relating to real property theft and real property fraud, establishing recording

Bills: HB8, HB12, SB 3, HJR1, SB 11, SB 16, SB 14

Keywords: HB 8, Texas public school accountability, school accountability, public school transparency, STAAR, state assessments, instructionally supportive assessment program, Student Success Tool, Texas Education Agency, TEA, accountability ratings, A-F ratings, through-year assessment, benchmark testing, norm-referenced assessment, college career military readiness, CCMR, local accountability plan, school district performance, campus turnaround

Bills: SB100, SB122, SB127, HB182, HB275, SB100, SB122, SB127, HB182, HB275

Keywords: property tax, ad valorem tax, real property assessment, assessment cap, county-wide reappraisal, CPI-U, Consumer Price Index, tax assessor, Class II property, Class III property, local government revenue, property tax relief, reappraisal, tax increment district, retroactive tax law, Alabama Code 40-7-2.2, appropriation, education funding, Southern Preparatory Academy, fiscal responsibility

Bills: SB2, SB3, SB5, SB 9, SB10, SB14, SB16, SB18, SB34, SB6, SB7, SB8, SB11, SB12, SB13, SB15, SB 17, SB 4

Keywords: disaster relief, flood preparedness, emergency funding, local government support, meteorological forecasting, school assessment, public education, accountability, transparency, education standards, impact fees, water conservation, reuse projects, builders, developers, local government, real property theft, real property fraud, criminal offenses, restitution

Transcript Highlights:

• levied against a real property owner, lessee, or occupant of buildings, grounds, or lots located in
• Additionally, it specifies that the sale of the real property tax lien does not extinguish a lien for
• And I’m a— The assessment would be levied against a real property owner, lessee, or occupant of buildings
• Additionally, it specifies that the sale of the real property tax lien does not extinguish a lien for
• tax bill and statement the amount of the assessment imposed on a property for the purposes previously

Bills: SB1042, SB1043, SB1067, SB1180, SB1221, SB1292, SB1503, SCR1033

Keywords: public funds, virtual currency, bitcoin, investment, Arizona Strategic Digital Asset Reserve Act, state treasurer, retirement system, state payments, cryptocurrency, Arizona law, payment methods, government transactions, tax lien, property tax lien, real property tax lien, foreclosure, right of redemption, redeem, excess proceeds, county abatement lien

Transcript Highlights:

• So still a pretty small portion of that total property tax assessment.
• Rule B valuation, and properties that may be below the current assessment ratio may see a significant
• jump in their assessment and property taxes, all for simply wanting to split or combine their parcel
• properties that have been held for some time or is that on brand new properties or is that on properties
• The inspection of a property and the year that we do the inspection and the assessment for the valuation

Bills: SB1090, SB1293, SB1414, SB1429, SB1503, SB1536, SB1633, SB1724, SB1764

Keywords: savings and loan, technical correction, Arizona Revised Statutes, financial institutions, prohibitions, GPLET, abatement, tax incentives, local government, property improvement, central business district, insurance, settlement demands, time limits, third-party claims, regulatory compliance, initiative, referendum, ballot measures, petition circulators

Transcript Highlights:

• SB16 by West relating to real property theft and real property fraud, establishing recording requirements
• for certain documents concerning real property, creating the criminal offenses of real property theft
• and real property fraud.
• SB 16 by West relating to real property theft and real property fraud, establishing recording requirements
• for certain documents concerning real property; creating the criminal offenses of real property theft

Bills: HB8, HB12, SB 3, HJR1, SB 11, SB 16, SB 14, HB 8, HB 12, SB 3, HJR 1, SB 11, SB 16, SB 14

Keywords: HB 8, Texas public school accountability, school accountability, public school transparency, STAAR, state assessments, instructionally supportive assessment program, Student Success Tool, Texas Education Agency, TEA, accountability ratings, A-F ratings, through-year assessment, benchmark testing, norm-referenced assessment, college career military readiness, CCMR, local accountability plan, school district performance, campus turnaround