Transcript Highlights:

• The bill replaces the state's standard deduction by coupling with the federal standard deduction and
• the standard deduction per H.R. 1.
• The standard deduction change is only one year? Yes, Mr. Chair.
• the standard deduction per H.R. 1.
• The standard deduction change is only one year? Yes, Mr. Chair.

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: HF3127, HF3524, HF3525, HF3754

Keywords: taxation, pass-through entity, qualifying owner, partnership, S corporation, tax return, overtime compensation, tax deduction, income tax, federal regulations, tax reform, tip income, federal tax deduction, Minnesota Statutes, individual income, employer contributions, Trump accounts, federal law, gross income exclusion, 1183

Bills: HF9

Keywords: energy policy, renewable energy standard, carbon-free standard, solar standard, hydroelectric, hydropower, electric utility, Public Utilities Commission, PUC, renewable portfolio standard, carbon capture and sequestration, CCS, greenhouse gas emissions, climate policy, nuclear power plant, certificate of need, fossil fuel plant demolition, utility compliance delay, beneficial electrification, sales tax exemption

Transcript Highlights:

• current federal standard deduction.
• So for married filing jointly, the standard deduction in New Mexico is equal to the federal standard
• So for married filing jointly, the standard deduction in New Mexico is equal to the federal standard
• You know, many states don't follow a standard deduction at all.
• Utah doesn't allow any standard deduction, and we do.

Bills: HB70, HB93, HB95, HB139, HB140, HJR4

Keywords: Public Regulation Commission, PRC, utility oversight fund, public utilities, utility regulation, commissioners, commission staff, chief of staff, ethics, Gift Act, revolving door, post-employment restrictions, consumer complaints, telecommunications, pipeline safety, natural gas pipelines, oil pipelines, license fees, regulatory oversight, administrative cleanup

Transcript Highlights:

• because $4,000 is really nothing to a doctor's salary. ...deduction because $4,000 is really nothing
• your deductible.
• Co-insurance is the percentage that you pay after you meet your deductible.
• Several years ago, the legislature eliminated GRT on co-pays and deductibles.
• Last year, Senate Bill 455 added the term co-insurance to the gross receipts deduction definition.

Bills: SB12, SB13

Keywords: tax credit, physician, healthcare, income tax, rural health, tax deduction, gross receipts, coinsurance, managed care, 996, all

Transcript Highlights:

• <00:08:09.840> for a taxpayers's itemized deduction for a taxpayers's itemized deduction for
• Uh in addition um the deduction.
• <00:35:49.119> Uh ...was allowed a deduction up to 100%. That's a first-year deduction.
• The federal tax bill returns to the pre-2022 standard by permitting businesses to take an immediate deduction
• The federal tax bill returns to the pre-2022 standard by permitting businesses to take an immediate deduction

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

Transcript Highlights:

• Senate Bill 92, which is the construction materials gross receipts tax deduction.
• They may include improvement based on greenhouse gas intensity standards.
• These are international standards indicating the efficiency of capturing gas.
• Adding new complex And environmental provisions without clear standards.
• So that should, and meeting state standards, state and federal standards or exceeding.

Bills: SB12, SB36, SB92, SB120, SB133, SB151, SB18, SB96

Keywords: tax credit, physician, healthcare, income tax, rural health, quantum technology, infrastructure, economic development, New Mexico, corporate tax, research and development, innovation, affordable housing, gross receipts tax, tax deduction, construction materials, multifamily housing, low income, journalism, local news

Transcript Highlights:

• Uh, and the county still enforces inspections and safety standards.
• So, what this measure does is standards.
• mortgage interest deduction on second homes.
• <00:22:26.160> for know, increased tax deductions for know, increased tax deductions for purchasing
• interest deduction on second homes. interest deduction on second homes.

Bills: HB1743, HB2122, HB1756, HB1837, HB1729, HB2559

Keywords: owner-builder, exemption, housing crisis, contractor, leasing restrictions, affordable housing, construction, regulations, teacher housing, housing vouchers, teacher retention, Hawaii Department of Education, hard-to-staff schools, housing, first-time home buyers, savings account, tax deductions, homeownership, savings accounts, tax deduction

Summary: The House Housing Committee heard testimony on several housing-related bills. HB 1743 would expand the owner-builder exemption by repealing a leasing restriction and requiring notice when a leased residential structure was built by an unlicensed contractor. Subcontractors Association of Hawaii and the Contractors Licensing Board opposed the bill, warning it could encourage unlicensed contracting and weaken consumer protections, while Hawaii Realtors, Housing Hawaii’s Future, Grassroot Institute of Hawaii, BIA Hawaii, and others supported it as a way to increase housing flexibility. After questions about whether licensed electrical and plumbing work would still be required, the committee voted to pass HB 1743 with amendments and a defective date. The committee also heard and advanced HB 2122 HD1 on teacher housing, which would create a teacher housing assistance program using vouchers from the teachers housing revolving fund. Testimony included support from the Chamber of Commerce of Hawaii, Housing Hawaii’s Future, the Democratic Party of Hawaii Education Caucus, and individuals, with the Office of Collective Bargaining in opposition and the Department of Education offering comments. The bill was voted out as is. The committee then considered HB 1756 and HB 1837, both updating the individual housing account program to reflect current housing prices; supporters including Housing Hawaii’s Future and the Office of Hawaiian Affairs said the limits were outdated and needed inflation adjustments, and HB 1756 was passed with amendments while HB 1837 was deferred as nearly identical. HB 1729 would disallow the state home mortgage interest deduction for second homes. Hawaii Realtors opposed it, while Housing Hawaii’s Future supported it as a way to prioritize first-time homebuyers and reduce competition from second-home buyers. The chair noted a possible revenue savings estimate and the committee passed the bill with amendments, with several reservations. Finally, HB 2559 would prohibit real estate brokers from marketing residential property to limited exclusive groups of buyers, which the Office of Consumer Protection said needed an enforcement clarification and the Realtors said could affect some legitimate private-listing situations. The chair proposed replacing the outright ban with a disclosure requirement for private listings, and the committee passed HB 2559 with amendments. The hearing then adjourned after the chair thanked members, staff, and the public.

Transcript Highlights:

• test aligned that for, you know, is the test aligned that for, you know, is the test aligned to the standards
• are the teachers to the standards? are the teachers to the standards?
• are the teachers teaching the standards and those kind of teaching the standards and those kind of teaching
• the standards and those kind of things when we see those kind of things when we see those kind of things

Bills: SB199, HB142, SB86, HB152, HB297, SB1, SB1

Keywords: parental leave, state employees, local education agencies, adoption, work-life balance, family support, portable benefits, portable benefit account, independent contractor, gig worker, 1099 worker, freelancer, app-based worker, rideshare, delivery driver, worker benefits, health insurance, retirement benefits, life insurance, income replacement insurance

Transcript Highlights:

• So at this point, we are talking about the diesel GRT deduction.
• So at this point, we are talking about the diesel GRT deduction.
• The next page has state conformity to qualified production property deductions. Taxation of NCTI.
• Is the hold harmless in this one different from the other health care GRT you have deduction?
• She discussed making it a deduction and also because— Going to have to take care of.

Bills: SB190, SB152, SB77, SB150, SB151, SB156, SB172, SB182, SB185, SB212, SB170, SB133, SB174, SB163

Keywords: cancer treatment, revenue bonds, Gila Regional Medical Center, Nor-Lea General Hospital, healthcare funding, telecommunications, low-income assistance, lifeline, broadband, rural broadband, universal service fund, public regulation commission, PRC, 911 surcharge, telecommunications relay service, VoIP, mobile service, internet affordability, digital equity, digital inclusion

Transcript Highlights:

• Clearly, SB155 is a bill that expands deductions.
• The State Controller has discretion as to what deductions are withheld.
• This bill is also post-tax as it relates to the... ...is a post-tax deduction as it relates to the deduction
• Yes, or membership deduction dues. Yes, or membership deduction dues. Yes, or membership deduction.
• It would be a deduction for the dues. Right, I'm sorry, come again?

Bills: SB163, SB173, SB155, HB93, SB163, SB173, SB155, HB93

Keywords: State Auditor, property investigations, negligence, loss report, civil actions, Alabama Retirement Savings Program, state-facilitated retirement savings, auto-IRA, automatic enrollment, payroll deduction IRA, retirement savings access gap, private sector workers, small business retirement plan, portable retirement account, Roth IRA, traditional IRA, life-cycle fund, capital preservation fund, financial literacy, Department of Workforce

Transcript Highlights:

• standard time.
• Uh standard time is what good reason.
• I did not um permanent standard time.
• :50.680> keeps Permanent standard time basically keeps Permanent standard time basically keeps
• I'm the president of the nonprofit Save Standard Time.

Bills: HF1234, HF3528, HF3672, HF3679, HF3680, HF1944

Keywords: payment transparency, public contracts, contractor rights, government accountability, construction payments, barbering, licensing, examinations, barber schools, public safety, certifications, Barber Examiners Board, data transparency, Legislative Budget Office, state agencies, fiscal notes, public data, standard time, federal law, time zone

Bills: HB1597, HB2364, HB2437, HB3205, HB3253, HB3310, HB3648, HB3906, HB4259, HB5645

Keywords: county jailer, jail training, veterans, Texas Veterans Commission, Texas Commission on Law Enforcement, TCOLE, criminal justice system, county jail, law enforcement training, mental health training, jail standards, correctional officers, veteran services, veteran interaction, occupations code, jailer licensing, parking, county courthouse, infrastructure, local government

Bills: SB 2082, SB 2203, SB 2351, SB 2550, SCR 48

Keywords: concrete crushing, hospital proximity, environmental regulation, public health, zoning laws, concrete plants, standard permit, construction regulation, environmental compliance, health and safety code, water rights, property transfer, disclosure requirements, coastal property, Texas legislation, real estate, environmental impact, Gulf of America, coastal resources, Texas sovereignty

Transcript Highlights:

• safety funding with $11.1 billion going toward additional hardening grants to meet new minimum safety standards
• A time sheet or a time stamp or whether it's to produce a good product, you know, and. same standard.

Bills: SB260, SB263, SB293, SJR18

Keywords: school safety, Foundation School Program, education funding, student allotment, Texas education, SB 263, Texas franchise tax, cost of goods sold, COGS, broadcasters, television broadcasting, radio broadcasting, media tax, broadcast license, FCC, 47 C.F.R. Part 73, 47 C.F.R. Part 74, film production, television production, tax deduction

Transcript Highlights:

• swipes a Coca-Cola, uh, you know, rings it up under the wrong thing and next thing you know it's deducted
• swipes a Coca-Cola, uh, you know, rings it up under the wrong thing and next thing you know it's deducted
• thing you under the wrong thing and next thing you know<00:20:29.520> it's<00:20:30.000> deducted
• of<00:20:30.799> SNAP<00:20:31.200> and<00:20:31.760> the know it's deducted
• out of SNAP and the know it's deducted out of SNAP and the store<00:20:32.240> is<00:20:32.400

Bills: SB57, SB155, HB39, HB77, HB104, SB57, SB155, HB39, HB77, HB104

Keywords: property, acknowledgment, conveyance, business entities, limited liability companies, state employees, payroll deduction, salary deduction, comptroller, membership association, membership dues, voluntary contributions, insurance premiums, financial instruments, deferred compensation, state payroll, employee benefits, association dues, withholding, Alabama Code 36-1-4.3

Bills: HF192, HF268, HF1214, HF494

Keywords: Minnesota income tax, dependent exemption, personal income tax, tax relief, family tax relief, children, dependents, tax deduction, tax exemption, state revenue, inflation indexing, tax year 2025, taxable income, household tax policy, family tax credit, HF268, Joshua Schmidt Memorial Highway, memorial highway, highway naming, road designation

Bills: HB330, HB336, HB322, HB346

Keywords: lead ban, plumbing codes, lead-free, public health, environmental management, respiratory therapy, interstate compact, licensing, military service members, healthcare access, regulation, postpartum depression, postnatal care, maternal mental health, perinatal depression, postpartum screening, new mother, birth mother, newborn discharge, hospital discharge materials

Transcript Highlights:

• Section two on page six of the bill, Distributed Solar Energy Standard.
• optional for our state's standard optional for our state's largest<00:19:11.200> utilities.
• On the point around the concern with the distributed standard.
• Pearson. the concern with the distributed the concern with the distributed standard. standard. standard
• the implementation of the standard the implementation of the standard established<00:21:11.920><

Bills: HF4308, HF4153, HF4703, HF4711

Keywords: HF4308, Monticello nuclear plant, Prairie Island, renewable development account, RDA, nuclear waste, spent fuel, dry cask storage, utility tax, commercial-industrial property tax, state general levy, property tax exemption, residential heating fuels, natural gas tax exemption, electricity sales tax exemption, year-round sales tax exemption, distributed solar energy standard, solar mandate, community solar, grid modernization

Bills: SB151, HB8, SB177

Keywords: corporate income tax, franchise tax, gross receipts tax, tax credit, tax deduction, controlled foreign corporation, CFC, bonus depreciation, interest expense, apportionment, unitary group, high-wage jobs tax credit, local journalism, news media, newspaper printer, physician incentive, health care workforce, affordable housing, multifamily housing, construction materials