Video & Transcript Research : 'severance tax'

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WY

Wyoming 2026 Regular Session

House Minerals, Business & Economic Development Committee, February 25, 2026

Minerals, Business & Economic Development

Transcript Highlights:
  • It's the one gift that keeps on giving, uh, that precludes the ability to increase taxes because we're
  • precludes the ability to increase taxes precludes the ability to increase taxes because<00:11:42.399
  • <00:26:02.799> code associated tax code associated tax code and<00:26:04.960> that's
  • It can file tax returns. It can contract with banks. It can have a bank account.
  • work with them over the ensuing several work with them over the ensuing several years<01:14:48.800
Bills: HB0075, HB0128
WY

Wyoming 2026 Regular Session

Senate Minerals, Business & Economic Development Committee, February 25, 2026

Minerals, Business & Economic Development

Transcript Highlights:
  • <01:12:47.920> tax enhanced oil recovery severance tax enhanced oil recovery severance tax
  • tax actually affects that the severance tax actually affects anything. anything. anything.
  • Gas is never included in this uh severance tax reduction.
  • Gas is never included in this severance tax reduction.
  • <01:42:42.880> tax included in this uh severance tax included in this uh severance tax reduction
Bills: HB0075, HB0128
WY

Wyoming 2026 Regular Session

House Minerals, Business & Economic Development, February 16, 2026

Minerals, Business & Economic Development

Transcript Highlights:
  • <00:47:59.920> tax locations for uh this uh severance tax locations for uh this uh severance
  • And on the severance tax side, Representative Keville said he's getting some criticism on that.
  • I think it's important to know that what a severance tax reduction in this bill would do is it would
  • And on the severance tax side, Representative Keville said he's getting some criticism on that.
  • I think it's important to know that what a severance tax reduction in this bill would do is it would
Bills: HB0120, HB0043, HB0128
NM

New Mexico 2026 Regular Session

House - Taxation and Revenue Feb 18th, 2026 at 02:07 pm

House Taxation & Revenue

Transcript Highlights:
  • The appropriations in the bill include $445 million in the general fund, $444 million in severance tax
  • bonds, and $280 million in supplemental severance tax bonds. tax bonds, and $280 million in supplemental
  • severance tax bonds.
  • And then on the severance bonds, are we putting those... toward the projects that will go out in the
  • We really appreciate all that you do to ...help us understand these tax policies that we're trying to
Bills: SB240
NM

New Mexico 2026 Regular Session

House - Taxation and Revenue Feb 18th, 2026 at 08:43 am

House Taxation & Revenue

Transcript Highlights:
  • Taxes should come from those most able to afford those taxes.
  • I want to speak directly to the journalism tax credit and the printer tax credit.
  • How we tax people inside the state and tariffs and import taxes are outside of our country.
  • Time, tax policy meant what can we afford to give in tax breaks.
  • to give a tax break.
Bills: SB240
LA

Louisiana 2026 Regular Session

Appropriations May 18th, 2026

Appropriations

Transcript Highlights:
  • It requires any remaining severance tax funds collected from sand and stone mining, after constitutional
  • It requires any remaining severance tax funds collected from sand and stone mining, after constitutional
  • It makes this bill look like House Bill 802, so you've got the deposits of the severance, the reporting
  • We do have several cards here.
  • So it moves it out of title of... have several cards here, present willing to provide information.
Bills: SB143, SB367, SB388, SB398
Summary: The House Committee on Appropriations met on May 18, 2026, and considered four Senate bills. SB 143 would create a special protective equipment fund for bulletproof vests for peace officers, with the Louisiana Commission on Law Enforcement to regulate distribution; an amendment was adopted to standardize fund language, and the bill was reported favorably as amended. SB 367 would create the Watershed Restoration and Conservation Fund and direct remaining severance tax revenue from sand and stone mining into it; an amendment was adopted to align it with HB 802, and the bill was reported favorably as amended. Members discussed the bill as a way to support watershed and flood-related restoration efforts, including the Amite River Basin. SB 388 would authorize review of state contracts involving foreign adversary nations or terrorist organizations and remove a trigger clause from a prior law; members noted it carried no fiscal note and that the Division of Administration said the review could be done at no cost. The bill was reported favorably. SB 398 would reorganize manufactured housing regulation by moving oversight from the fire marshal’s office to the Contractors Board, consolidating residential housing oversight, moving licensees to Title 37, and increasing inspection rates statewide; an amendment was adopted to conform fund language, and the bill was reported favorably as amended. The committee then adjourned.
OK

Oklahoma 2026 Regular Session

Revenue and Taxation Feb 23rd, 2026 at 01:30 pm

Revenue and Taxation

Transcript Highlights:
  • Senator Corm, the Revenue Tax and Taxation Committee will come to order. Mr.
  • and accessing the tax credit.
  • And just like when we first passed the tax credit program, it took us a year to sit down with the tax
  • It's not any more than a double, and taxed accordingly.
  • Currently, Oklahoma tax law allows favorable tax treatment for traditional health insurance but doesn't
NM

New Mexico 2026 Regular Session

House - Taxation and Revenue Feb 14th, 2026 at 10:35 am

House Taxation & Revenue

Transcript Highlights:
  • Energy Alliance as a consultant on tax policy matters.
  • tax credits on the value going forward.
  • Or do they take the tax break and then turn around, get that money, that tax incentive, and then reinvest
  • I would turn to our tax experts. Mr.
  • It's not a pure TID, which is a tax increment development district.
Bills: HB248, HB309, HB332, SB48
NM

New Mexico 2026 Regular Session

House - Taxation and Revenue Feb 13th, 2026 at 08:35 am

House Taxation & Revenue

Transcript Highlights:
  • tax credit to include urban underserved areas.
  • And when we look at the property tax abatement, the way that that works is we look at the current taxes
  • they're paying and we freeze those taxes.
  • They make a payment in lieu of taxes back to all the taxing authorities.
  • Chairman, is there any update on a tax package?
Bills: HB248, HB309, HB332, SB48
TX

Texas 89th Regular

Intergovernmental Affairs Apr 8th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • The department will also identify potential funding sources, including federal tax credits, donations
  • There are several.
  • None of these are a debt to the state or paid by tax dollars.
  • As you know, Texas is experiencing a severe behavioral health workforce shortage.
  • I think it does it in several ways. I think it provides some more money up front.
TX

Texas 89th Regular

Intergovernmental Affairs Apr 8th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • It requires that all severance agreements...
  • ' worth of property taxes.
  • are not based on tax levy at all.
  • Constitutionally, ESDs have a $0.10 per hundred tax cap, one of the lowest taxing entities we have in
  • They’re going to take away a piece of the tax base, and our tax rate in the ESD in my area is half the
TX

Texas 89th Regular

Intergovernmental Affairs Mar 18th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • Then you're going to have your city tax, your county taxes, your flood taxes, and your port taxes.
  • property tax relief.
  • For the property taxes from our tax rolls to benefit a far-off entity.
  • lost tax revenue.
  • Tarrant County Appraisal District of new tax-exempt properties on our tax roll.
TX

Texas 89th Regular

Ways & Means Apr 21st, 2025

Ways & Means

Transcript Highlights:
  • I made the bill originally said all several Taxes would be suspended during the recovery of the cost
  • The state is never going to receive the benefit of severance taxes, which which extend far beyond the
  • It encourages activity that is not occurring today by providing a targeted tax exemption. severance tax
  • If you look at severance tax reported in 2020, we were right at $4 billion.
  • So I'm foregoing just a little bit of sales tax to bring in a whole. bunch of severance tax on the backside
TX

Texas 89th Regular

Appropriations Apr 29th, 2025

Appropriations

Transcript Highlights:
  • This is huge across the state, but a portion of the severance tax needs to be allocated.
  • What it does is commit a percentage; 12% of the oil and gas severance tax will be allocated.
  • This means that a net of 9% of the total oil and gas severance tax goes into the growth fund that will
  • If you look at just the last 10 years in the Permian Basin, severance tax breaks, and production as a
  • The State Broadband Fund was funded in part from severance taxes a couple of years ago.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 11th, 2026 at 09:05 am

Senate Finance

Transcript Highlights:
  • Leaving billions, we're talking several billions in federal dollars not audited.
  • And that's where I struggle because I've gotten that answer from several of you.
  • And that's where I struggle because I've gotten that answer from several of you, but that's not in this
  • That's the money you draw from in the event that tax dollars don't materialize the way we're anticipated
  • Your biggest tranche of reserves is down at the bottom, your tax stabilization reserve, which is at $2.5
Bills: SB152, SB145, SB190, HB247