Video & Transcript Research : 'retroactive tax refund'
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MN
Keywords:
wastewater, infrastructure, funding, Litchfield, economic development, environmental compliance, Hastings, water treatment, PFAS, nitrates, bonds, capital investment, public health, HF212, Round Lake-Brewster, Independent School District No. 2907, school construction, school building, sales tax exemption, use tax exemption
MN
Minnesota 2025 1st Special Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 2/18/25
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- Louis County to take convey tax rehabilitated homes, and then they would convey them to the city that
- <00:28:53.360>
take <00:28:54.000>uh <00:28:54.159>convey <00:28:54.600>tax - County to take uh convey tax County to take uh convey tax rehabilitated<00:28:55.840>
homes
Keywords:
HF110, Adrian Independent School District, Independent School District No. 511, school construction, sales tax exemption, use tax refund, refundable exemption, construction materials, capital improvements, school roofing, playground remodel, retaining walls, plumbing, bathroom remodel, locker room remodel, window replacements, local tax relief, general fund appropriation, Minnesota chapter 297A, retroactive tax refund
MN
Transcript Highlights:
- They concern the child tax credit and property tax refunds.
- tax refunds.
- <00:31:53.720>
we'll property tax refund a bill that we'll property tax refund a bill that - the property tax refund here in Minnesota.
- the property tax refund often known as the property tax refund here<00:36:53.520>
in <00:36:53.680
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
LA
Keywords:
severance tax, parish revenue, constitutional amendment, natural resources, local government funding, HB 474, Act 400, Louisiana income tax, tax refund checkoff, refund donation, alumni association, Grambling University National Alumni Association, Louisiana Tech University Alumni Association, Department of Revenue, Title 47, voluntary contribution, tax return designation, state tax refund, nonprofit donation, higher education
AZ
Transcript Highlights:
- Our small businesses are sending tax forms to folks, we're receiving tax forms, we're actively in tax
- Our small businesses are sending tax forms to folks, we're receiving tax forms, we're actively in tax
- tax, and employing people and paying payroll tax.
- a tax cut this year— By essentially increasing their taxes next year to offset what is a tax cut this
- they passed retroactive tax cuts, and each time they do that it causes a little bit of chaos, and then
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.
MN
Transcript Highlights:
- Right now, this tax is dedicated.
- <00:18:28.799>
tax the solid waste management tax tax the solid waste management tax tax revenues - and even property tax revenue.
- and our taxes have gone up 67%.
- and our taxes have gone up 67%.
Keywords:
solid waste management, resource management account, environmental fund, taxation, Minnesota statutes, homestead, property tax, classification, disability, resort properties, recreational use, commercial property, tax refund, estimated tax, interest on refunds, income tax, corporate franchise tax, S corporation, partnership, corporation
MN
Transcript Highlights:
- Property tax refunds offset 15.9% of the residential property tax burden.
- >
15.9% Property tax refunds offset 15.9% Property tax refunds offset 15.9% of<00:05:13.760> <00:24:51.680>both tax refund program um for both tax refund program um for both homeowners - > be property tax refunds to simply be property tax refunds to simply be federal<01:03:15.120>
- <01:03:50.360>
refund to calculate their property tax refund to calculate their property 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:
- , since everyone pays sales taxes, from these refunds.
- Representative Johnson said that, on the property tax issue, renters receive property tax refunds in
- tax refund for renters property property tax refund for renters that<00:40:42.280>
177% <00:40 - times<00:49:45.200>
deductions tax refunds credits one times deductions tax refunds credits - , they are not eligible for the property tax refund.
Keywords:
pregnancy support, women's health, maternity homes, nonprofit organizations, grant funding, abortion, family services, tax relief fund, budget surplus, surplus revenue, tax rebate, tax refund, one-time refund, income tax, property tax, constitutional amendment, Minnesota Constitution, general fund, budget reserve, taxpayer relief
MN
Transcript Highlights:
- , whether through property tax refunds or relief.
- <00:03:00.680>
refunds whether through property tax uh refunds whether through property tax uh - refunds in this committee yet, Representative Johnson, but there are property tax refunds for renters
- We haven't heard anything about property tax refunds.
- We haven't heard anything about property tax refunds.
Keywords:
tax relief fund, budget surplus, surplus revenue, tax rebate, tax refund, one-time refund, income tax, property tax, constitutional amendment, Minnesota Constitution, general fund, budget reserve, taxpayer relief, state surplus, fiscal forecast, wealthy taxpayers, high-income exclusion, 2026 ballot, referendum, surplus distribution
OK
Oklahoma 2026 Regular Session
Appropriations and Budget Finance Subcommittee REVISED: SB1403 - Added Apr 8th, 2026 at 04:30 pm
A&B Finance Subcommittee
Transcript Highlights:
- It allows tax sales tax exemption to be extended from the person that they are working for to the contractor
- Just combine several existing sales tax exemptions for aircraft maintenance and manufacturing facilities
- housing as including 20 units or more and excludes properties Receiving the federal low-income housing tax
- credit from that and requires the new developments for the purposes of tax assessment be at cost for
Keywords:
sales tax exemption, nonprofit organizations, contractors, charitable purposes, state law, retirement, public employees, reemployment, benefit adjustment, Oklahoma Public Employees Retirement System, Olympics, funding, Oklahoma Department of Commerce, local businesses, revolving fund, event hosting, sales tax, tax exemption, tax refund, Oklahoma Sales Tax Code
MN
Transcript Highlights:
- <00:35:08.880>
to <00:35:09.119>tax would be effective retroactively to tax would be - They can retroactively apply those expensing provisions back to tax year 2022.
- year 2025 retroactively or in equal shares in tax years 2025 and 2026.
- year 2025 retroactively or in equal shares in tax years 2025 and 2026.
- year 2025 retroactively or in equal shares in tax years 2025 and 2026.
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
OK
Oklahoma 2026 Regular Session
Revenue and Taxation REVISED Feb 9th, 2026 at 01:30 pm
Revenue and Taxation
Transcript Highlights:
- It reauthorizes certain income tax refund donation checkoffs for the benefit of veterans programs.
- of their tax refunds to the indigent veteran burial program into the Oklahoma Department of Veterans
- tax that they paid for.
- So, my understanding is that the tax credit is to go against the liability, the tax liability or exposure
- Who may not be getting taxed to the point.
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
MN
Transcript Highlights:
- The renters credit refunds a portion of the property taxes that qualifying renters have paid through
- /c><00:07:21.120>
the <00:07:21.360>property <00:07:21.680>taxes refunds a portion - of the property taxes refunds a portion of the property taxes that<00:07:22.479>
qualifying <00 - , all local governments increasing 6.8%. >> The proposed changes to the targeting property tax refund
- <00:24:33.360>
are property tax refund in this bill are property tax refund in this bill are
MN
Transcript Highlights:
- refunds or invite a tax audit.
- <01:05:20.160>
entities tax refunds while they these entities tax refunds while they these - Chair Kresha: And I'm not on the tax committee. I'm not the tax chair.
- Chair Kresha: And I'm not on the tax committee. I'm not the tax chair.
- Chair Kresha: And I'm not on the tax committee. I'm not the tax chair.
Keywords:
Office of Inspector General, inspector general, legislative audit, fraud prevention, waste and abuse, public funds, grant oversight, state grants, grant management, whistleblower protection, retaliation, subpoena power, data practices, government transparency, accountability, law enforcement referrals, sanctions, debarment, payment withholding, public assistance fraud
TX
Transcript Highlights:
- It's taxing.
- appreciate each and every one of you for listening to the survivor stories as I know they can sometimes be taxing
Bills:
HB47
Keywords:
HB 47, Texas Tax Code, ad valorem taxes, property tax, voter-approval tax rate, tax rate election, taxing unit, injunction, taxpayer rights, property owner, local government finance, tax refund, attorney's fees, court costs, voter-approved tax increase, tax reform, municipal taxes, county taxes, school district taxes, bond election
MN
Transcript Highlights:
- Co-Chair, members of the Tax Committee.
- sales tax, matters. sales tax, matters.
- Whether they're income taxes, sales taxes, or wealth taxes, these policies have their merits and trade-offs
- tax.
- through this tax. through this tax.
Keywords:
Hennepin County, sales tax, health care facilities, ballpark improvements, tax revenue, HF4234, Minnesota private activity bonds, tax-exempt bonds, bond cap, aggregate bond limitation, residential rental projects, multifamily housing, affordable housing finance, housing bonds, public finance, bond allocation, private activity bond cap, Minnesota Statutes 474A.02, tax committee, tax refund
TX
Transcript Highlights:
- Madam Chair, members, House Bill 135 seeks to clarify the tax code in relation to tax exemption for exotic
- So, Senate Bill 771 corrects a discrepancy in state law by allowing a fuel tax credit or refund for diesel
- in tax equity that this bill now addresses.
- Taxing this fuel as if it were used to propel...
- Yeah, it's just having to not pay your taxes on them.
Keywords:
diesel fuel tax, tax credit, auxiliary power units, power take-off equipment, refund, energy efficiency, firefighter retirement, municipal contributions, pension system, retirement benefits, funding ratios, sales tax exemption, exotic animals, game animals, agriculture, livestock, civil liability, motor vehicle, legal protection, removal
TX
Keywords:
tax penalties, interest calculation, overpayment, tax law, refund process, historic preservation, heritage tourism, public engagement, Texas Historical Commission, education, pension system, actuarially sound, emergency services, legacy liability, anonymized contributions, economic stabilization fund, state finance, constitutional amendment, budget management, financial security
TX
Keywords:
tax penalties, interest calculation, overpayment, tax law, refund process, historic preservation, heritage tourism, public engagement, Texas Historical Commission, education, pension system, actuarially sound, emergency services, legacy liability, anonymized contributions, economic stabilization fund, state finance, constitutional amendment, budget management, financial security
AZ
Transcript Highlights:
- Taxpayers that collected and remitted this tax had until April 9, 2026, to submit a refund request.
- The approach in this bill, instead of a sales tax refund, is a refund to income taxpayers, a rebate to
- It's a substantial refund, and it makes right the illegal collection of that sales tax over that period
- HB 4037 creates a new refundable individual tax credit, which strengthens educational options and provides
- Eleven states offer some form of homeschool tax credit, five of which offer a refundable tax credit.
Keywords:
public safety, retirement system, investments, trust fund, board of trustees, financial report, income tax rebate, Pinal County, taxpayer eligibility, state revenue, financial assistance, transaction privilege tax, business location, tangible personal property, shared vehicle, sourcing, income tax, veterans, donations, tax refunds
Summary:
The House Ways and Means Committee first set aside House Bill 2794 at the sponsor’s request and then took up House Bill 2290, which would clarify Arizona transaction privilege tax sourcing rules for tangible personal property by specifying that an order is received at a seller’s business location and that server location does not control sourcing. The sponsor said the bill codifies existing, historic treatment and would provide certainty for taxpayers, while the League of Arizona Cities and Towns opposed it, arguing it would be a major departure from current practice, could shift revenue away from rural communities, and could create multiple tax rates for a single transaction. The Department of Revenue said it was neutral, acknowledged ongoing ambiguity and administrative complexity, and explained that a 2023 draft ruling had been based on a legal analysis but was never finalized. Several business and association witnesses supported the bill as necessary to prevent inconsistent audits and to preserve origin-based sourcing for in-state sellers. After extended debate, the committee passed HB 2290 on a 5-3 vote, with one member absent.
The committee then heard House Bill 2373, which would add a space on the individual income tax return for taxpayers to voluntarily direct part of a refund to the Veterans Donations Fund or a veterans service organization fund. The sponsor and a representative of veterans advocacy groups described it as a simple, voluntary way to support veterans organizations and local projects. No opposition was raised, and the bill was approved unanimously by the members present, 8-0, with one absent.
Finally, the committee considered House Bill 2143, a technical change to Public Safety Personnel Retirement System law that would limit the 5% ownership cap to publicly traded corporations. PSPRS representatives said the change would reduce compliance costs and avoid unnecessary workarounds while maintaining existing investment safeguards and diversification rules. Members discussed that ASRS does not have the same cap and that PSPRS already has broader limits on concentration risk. The bill was presented as an administrative cleanup measure, and discussion focused on clarifying that it would not increase investment risk.