Bills: SB1390

Keywords: gross production tax, oil and gas, natural gas, casinghead gas, oil revenue, tax apportionment, revenue sharing, county highway fund, school funding, average daily attendance, general revenue fund, revenue stabilization fund, county bridge and road improvement, state transportation fund, preserving and advancing county transportation fund, education funding, higher education, student aid, tourism funding, conservation funding

Bills: HB156, HB474, HB602, HB633, HB852

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

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

Keywords: virtual currency, kiosk, financial institutions, regulation, Wyoming Money Transmitters Act, penalties, severance tax, oil production, tax exemption, energy sector, economic impact, 916, all

Transcript Highlights:

• <01:12:47.920> tax enhanced oil recovery severance tax enhanced oil recovery severance tax
• So, you lost severance taxes during that 5-year period of about 29 million, but the revenue for the life
• tax actually affects that the severance tax actually affects anything. anything. anything.
• 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

Keywords: virtual currency, kiosk, financial institutions, regulation, Wyoming Money Transmitters Act, penalties, severance tax, oil production, tax exemption, energy sector, economic impact, 916, all

Transcript Highlights:

• Senator Corm, the Revenue Tax and Taxation Committee will come to order. Mr.
• and accessing the tax credit.
• It's estimated that this will have a revenue decrease to the state general revenue fund of approximately
• And just like when we first passed the tax credit program, it took us a year to sit down with the tax
• This is essentially like the voucher program for child services, and that will be foregoing tax revenue

Bills: SB683, SB1579, SB1389, SB1387, SB1390, SB1391, SB2063, SB1829, SB2060, SB1842, SB1398, SB1212, SB2158, SB102

Keywords: education, tax credit, student support, private school, Oklahoma Parental Choice Tax Credit, financial assistance, homeschooling, qualified expenses, property tax, valuation increase, taxpayer rights, homestead, protest process, school choice, tuition assistance, income limits, parental choice, accreditation, sales tax, motor vehicles

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

Keywords: energy production, natural gas, industrial sovereignty, manufacturing, tax exemptions, money laundering, illegal investment, financial institutions, criminal activity, Wyoming legislation, severance tax, oil production, tax exemption, energy sector, economic impact, 916, all

Bills: HB0120, HB0043, HB0128

Keywords: energy production, natural gas, industrial sovereignty, manufacturing, tax exemptions, money laundering, illegal investment, financial institutions, criminal activity, Wyoming legislation, severance tax, oil production, tax exemption, energy sector, economic impact, 916, all

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

Keywords: capital outlay, capital projects, severance tax bonds, general fund appropriations, supplemental severance tax bonds, UNM School of Medicine, University of New Mexico, infrastructure, state buildings, courts, schools, higher education, road improvements, water and wastewater, tribal infrastructure, tribal projects, public safety, housing, emergency services, bonding

Transcript Highlights:

• And that was suggested by the Tax and Revenue Department and that was also brought in.
• Grocery seat tax revenue is the primary funded source for essential local services including public safety
• On that part, I really want to thank the Secretary of Tax and Revenue.
• So we're just taking in revenue, and then our portion in this chamber, instead of us having actual tax
• We're still, as a state, seeing a decrease of over 100 million in corporate income tax revenue.

Bills: SB240

Keywords: capital outlay, capital projects, severance tax bonds, general fund appropriations, supplemental severance tax bonds, UNM School of Medicine, University of New Mexico, infrastructure, state buildings, courts, schools, higher education, road improvements, water and wastewater, tribal infrastructure, tribal projects, public safety, housing, emergency services, bonding

Transcript Highlights:

• This means the county can collect revenue from hotels that are not currently taxed.
• for 2024-2025 property tax revenue is $1,064,620 over the last year.
• Authorizes Garland to utilize specific hotel occupancy tax and state sales tax revenue derived from a
• As you know, this is a 10-year entitlement of state hotel occupancy tax and state sales tax revenue generated
• House Bill 3118 relates to municipal hotel tax revenue.

Bills: HB 1039, HB2289, HB2370, HB2404, HB3066, HB3076, HB3117, HB3118, HB3169, HB3178, HB3179, HB3182, HB3196, HB3241, HB3377, HB3500, HB3567, HB3715, HB3954, HB4098, HB4109, HB4222, HB4226, HB4412, HB4659, HB4682, HB4683, HB4755, HB4926, HB5165, HB5562, HB5596

Keywords: hotel occupancy tax, municipal revenue, tax authority, border counties, tax legislation, municipalities, hotel tax revenue, convention centers, economic development, local government authority, HB 2370, HOT tax, venue projects, convention center, municipal finance, local government code, Section 334.0082, tourism tax, debt financing, bond repayment

Transcript Highlights:

• This is huge across the state, but a portion of the severance tax needs to be allocated.
• tax revenue, which would have an impact on this.
• Since 2014, severance tax revenue from Texas's oil and natural gas production has generated over $10.8
• These initiatives would redirect a share of severance tax revenue to communities like Pecos, funding
• What this does, under the Constitution, is that 50% of all oil and gas severance tax revenue goes directly

Bills: HB188, HB265, HJR35, HJR47, SB1901, HB188, HB265, HJR35

Keywords: Texas STRONG defense fund, severance tax revenue, oil and gas revenue, constitutional transfers, rainy day fund, economic stabilization fund, state highway fund, oil and gas production, qualifying county, county grants, water infrastructure, first responders, public safety, DPS staffing, commercial motor vehicle safety, gang violence prevention, human trafficking prevention, economic development, TxDOT grants, school districts

Bills: SB334

Keywords: SB334, Lauderdale County, Florence, Shoals Economic Development Fund, sales tax, use tax, local tax, economic development, county commission, municipal revenue, tax proceeds, special revenue fund, Colbert County, local legislation, Alabama Code 45-39-245.47, 923, senate, all

Transcript Highlights:

• And then they use that revenue to promote the area the hotels are in.
• And then this revenue is leveraged in a big marketing strategy for the region.
• 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.

Bills: HB158, HB714, HB 1198, HB1630, HB1998, HB3509, HB3788, HB3875, HB3948, HB3977, HB4097, HB4313, HB4314, HB4317, HB158

Keywords: housing, veterans, surplus government property, affordable housing, funding sources, housing assistance, homeless prevention, landlord incentives, rural housing, domestic violence, community development, tenant readiness, program participants, financial assistance, homelessness, rental support, Texas Tenant Readiness Program, tenant assistance, housing stability, Texas Department of Housing

Transcript Highlights:

• Additionally, the committee substitute replaces the term "tax revenue" with language to ensure that no
• ' worth of property taxes.
• About taxes, and I know to the extent we're dealing with bonds, and I mentioned revenue bonds, these
• HB 1198 gives cities the choice to support local job creation, growth in city tax revenue, and businesses
• revenue.

Bills: HB158, HB714, HB 1198, HB1630, HB1998, HB3509, HB3788, HB3875, HB3948, HB3977, HB4097, HB4313, HB4314, HB4317, HB158

Keywords: housing, veterans, surplus government property, affordable housing, funding sources, housing assistance, homeless prevention, landlord incentives, rural housing, domestic violence, community development, tenant readiness, program participants, financial assistance, homelessness, rental support, Texas Tenant Readiness Program, tenant assistance, housing stability, Texas Department of Housing

Transcript Highlights:

• The revenue anticipated from this tax is about $88.7 million in the next tax year.
• tax base than anyone in the country, any state revenue code in the country touches.
• field, and the additional tax revenue could be used to create a better and more fair Minnesota for everyone
• As educators, we depend on tax revenues to fund our needs in the classroom, but we also create the foundation
• The bill ties valuation to the federal state tax standard under Internal Revenue Code Section 2031.

Bills: HF4621, HF4123, HF4616, HF1183

Keywords: child tax credit, financial assistance, low-income families, state revenue, tax policy, net investment income, taxation, business income, self-employment, tax increase, wealth tax, fairness, public services, high-income earners, economic equity, Internal Revenue Code, employee classification, federal law, Minnesota statutes, 1183

Transcript Highlights:

• And so the tax at the state level is designed to be revenue neutral while providing a state business
• 00:38:29.119> analysis department of revenues revenue analysis department of revenues revenue
• 95% of costs of doing business, whether it's federal tax, state tax, property tax, fuel, energy, employee
• It's not a tax cut.
• It's not a tax cut. It's t Minnesota. It's not a tax cut.

Bills: HF3127, HF3816, HF3814, HF3815, HF3817

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

Bills: SB183, SB160, SB183, SB160

Keywords: tribal police, law enforcement, reservation safety, Ma-Chis Lower Creek Indian Tribe, indigenous rights, sales tax, use tax, sales and use tax, local tax exemption, county tax, municipal tax, county commission, municipal ordinance, resolution, Alabama Department of Revenue, tax administration, fiscal year, September 1 effective date, local government, tax exemption

Transcript Highlights:

• Chair and members, Senate Bill 1638 conforms Arizona's tax statutes to the Internal Revenue Code as of
• In fact, the state's failed experiment with the flat tax is— ...of revenue.
• beans that will somehow massively grow the economy, increase overall tax revenue.
• Under the Department of Revenue numbers, they don't owe the taxes. Under yours, they would.
• If you have $500 billion of revenue or more, there's a special tax cut in there for you.

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.

Bills: SB2738

Keywords: tax haven, corporate tax, foreign subsidiaries, income reporting, state revenue, transparency, tax law, penalties, apportionment, economic policy, 912, senate, all

Summary: The meeting reconvened on Senate Bill 2760 during the Tuesday, February 17, 2026 decision-making agenda in Conference Room 229 at the Hawaii State Capitol. The only action discussed was a recommendation to defer action on the measure for one additional day. Members were informed that the committee would reconvene in Room 229 on Wednesday, February 18, 2026, at 10:07 a.m. to consider action on the bill. No vote was taken on the measure at this session. The meeting was then adjourned.

Transcript Highlights:

• That were published by the Tax and Revenue Department, and they include the impact of certain types of
• I would think it would, but that would be up to the interpretation of the Tax and Revenue Department,
• So I'd really have to defer to the Tax and Revenue Department's interpretation for that.
• and Revenue.
• About how that is interpreted by Tax and Revenue? Okay, I appreciate that.

Bills: HB248, HB309, HB332, SB48

Keywords: general obligation bonds, GO bonds, capital projects, bond election, property tax levy, state debt, state finance, capital outlay, senior centers, senior citizen facilities, aging services, long-term services, libraries, library acquisitions, broadband for libraries, higher education, university capital projects, community colleges, tribal schools, special schools