Transcript Highlights:

• So, the census The census department will report to the state or does the Department of Revenue.
• Department of Revenue would have that information. And who do they get their information from?
• We have 41 district attorneys in this state.
• It's just simply a procedure to give state employees and retired state employees a cost of living increase
• Under this bill, we already have the highest tax rate of any surrounding state. Is that correct?

Bills: SB107, HB158, HB353, HB354, HB357, HB181, HB465, HB526

Keywords: SSUT, simplified sellers use tax, sales tax distribution, municipal revenue, municipal population, annexation, deannexation, incorporation, boundary change, federal census, decennial census, Department of Revenue, local government finance, revenue sharing, municipal boundaries, population recalculation, probate judge, Boundary and Annexation Survey, Alabama municipalities, HB158

Transcript Highlights:

• revenue, so the revenue that they're raising at their level, not uh state or federal funds, um is from
• general fund revenue source that counties have, than on state aid.
• of diverse mix of revenue, of own source revenue at the state level, then we just put all of that on
• of diverse mix of revenue, of own source revenue at the state level, then we just put all of that on
• of diverse mix of revenue, of own source revenue at the state level, then we just put all of that on

Bills: HF3396

Keywords: property tax, task force, assessment, state revenue, local government, 1183, house

Summary: The House Tax Committee met to approve the March 4, 2026 minutes and then heard a presentation from the Minnesota Intercounty Association and Dakota County on property tax trends and county budget pressures. Nathan Jess said counties are facing rising costs from state and federal mandates, with most county budgets devoted to mandated services, and argued that because counties rely heavily on property taxes for own-source revenue, those mandates increasingly fall on local taxpayers. He cited 2026 levy data showing average county levy increases of 7.6% statewide, the largest in 25 years, and said county program aid has declined as a share of local budgets over time, leaving less state support to offset costs. He also discussed the homestead market value exclusion, noting that the 2023 increase to about $38,000 helped but has been eroded by inflation and rising home values. Members asked about commercial real estate declines in downtown areas and the effect of shifting valuations on the tax base. Jess said there is usually a lag before assessment changes show up, but that declining commercial values will shift more of the tax burden onto residential homesteads. He said residential homestead property has grown from about 40% of statewide net tax capacity in 2015 to about 47% now, and that counties are trying to plan for these changes. Questions also raised whether housing supply growth could ease property tax pressure; the presenters said expanding the tax base would help, while also warning that new exemptions and exclusions can shrink the base and increase pressure on remaining taxpayers. A partisan exchange followed over whether the state has shifted costs onto counties and schools through unfunded mandates and reduced aid. One member argued that the state should repeal mandates or allow counties to opt out, citing an upcoming American Preservation Act implementation cost. Another member said the state’s reduced county aid has pushed more burden onto property taxes, which he described as less equitable than state income taxes. The presentation then continued with Mr. Hilgart, who thanked the committee and county officials in attendance and framed the discussion around what counties would do if asked to cut mandates instead of receiving more county program aid.

Transcript Highlights:

• in line with other state agencies.
• , Wyoming DOT housing around the state?
• </c> I'm with the Department of Revenue I'm with the Department of Revenue Property<00:09:02.320><c>
• </c> those properties that are that are state those properties that are that are state or<00:12:42.320
• ,</c><00:20:14.320><c> which</c> that loves wildlife in the state, which that loves wildlife in the state

Bills: SF0024

Keywords: lottery, debit card payments, gambling regulations, state revenue, financial transactions, 916, all

Transcript Highlights:

• </c><00:04:49.919><c> from</c> don't expect increased revenue from don't expect increased revenue from
• The lottery is the state of Wyoming's only owned gaming revenue source.
• wasn't good for the state.
• wasn't good for the state.
• wasn't good for the state.

Bills: SF0024

Keywords: lottery, debit card payments, gambling regulations, state revenue, financial transactions, 916, all

Transcript Highlights:

• And for state budgets, it's also a source of $2 billion a year in state revenue through income, sales
• They lower state revenues, and they raise the need for state spending.
• State revenues fell by 12%.
• State revenues fell by 12%.
• Our state revenues are based on total income.

Bills: H5006, H5007

Keywords: tax revenue, state surplus, taxpayer refunds, budget growth, Massachusetts General Laws, income tax, tax reduction, state law, personal income tax, tax rates

Summary: The Special Joint Committee on Initiative Petitions held a public hearing on two proposed ballot initiatives: one to reduce the state personal income tax rate from 5% to 4% over three years, and another to revise the state tax collection cap law (62F) so the cap would be based on the prior year’s actual collections plus wage-and-salary growth and would include surtax revenue. Committee chairs outlined the hearing process and noted that the measures would need additional signatures to qualify for the 2026 ballot if not enacted by the legislature. The committee’s expert witness, Doug Howgate of the Massachusetts Taxpayer Foundation, said the income tax proposal would lower the base rate in stages beginning in 2027 and would ultimately reduce state income tax collections by about $5.4 billion annually when fully implemented. He estimated savings would vary by income level, from a few hundred dollars for lower- and middle-income households to about $10,700 for taxpayers at the surtax threshold. He argued the proposal would improve tax competitiveness but would also require major budget adjustments, likely including reserve use, spending cuts, and possibly new revenue measures; he cited prior downturns and said the state’s rainy day fund is stronger than in past recessions, though spending growth and health care costs remain concerns. On the 62F proposal, he said rebasing the cap to prior-year collections would make refunds more likely, with modeled refunds totaling about $7.9 billion without the surtax and $10.1 billion with it over the last decade, and warned it could reduce stabilization fund deposits and constrain recovery after recessions. Proponents of both petitions, including representatives from Taxpayers for an Affordable Massachusetts, NFIB, Pioneer Institute, and the Mass Opportunity Alliance, argued that Massachusetts faces an affordability and competitiveness crisis and that lower taxes would help families, small businesses, job creation, and outmigration. They said the income tax cut would put about $1,300 a year back into the hands of average families, help pass-through businesses reinvest, and improve the state’s ability to compete with lower-tax states such as North Carolina. Their economist, Rebecca Paxton, presented a model projecting average annual revenue losses of about $680 million during the phase-in and a total net income tax revenue impact of $2 billion to $2.2 billion, while saying long-term revenue growth would be stronger after implementation. The hearing ended with committee questions and a brief dispute over a planned voter testimonial video, which the chairs said was not appropriate for the hearing at that point.

Transcript Highlights:

• Thirty states already have programs like the Texas Future Fund.
• So in my venture fund, it's a $50 million fund, and the state of New Mexico, their State Investment Council
• In my area, it's all over the state of Texas.
• This approach ensures that a dedicated revenue stream exists outside the general revenue fund, preventing
• into the general revenue fund from 70% to 50%.

Bills: HB 104, HB2054, HB3459, HB3745, HB4486, HB4488, HB4601, HB104

Keywords: Texas Future Fund, investment review board, economic stabilization, innovative technology, national defense, HB 2054, Texas volunteer fire department assistance fund, Rural Volunteer Fire Department Assistance Program, volunteer fire departments, wildfire mitigation, wildland fire, rural fire protection, insurer assessment, insurance premium tax, state appropriations, firefighting grants, emergency services, high-risk wildfire areas, Texas Comptroller, Texas Government Code

Transcript Highlights:

• revenue source, as do all school districts across the state of Minnesota, rural and metro alike.
• The state would then pick up the rest, and the state share would increase.
• The state would then pick up the rest, and the state share would increase.
• The state would then pick up the rest, and the state share would increase.
• I'm in seventh period... revenue time. There is inequity in revenue time.

Bills: HF3790, HF3654, HF3371, HF3470, HF1099

Keywords: education finance, lease levy authority, graduation ceremonies, school districts, Minnesota Statutes, local revenue, funding increase, education, state appropriation, local control, HF3371, local optional revenue, school finance, general education aid, school district funding, referendum revenue, referendum market value, equalization aid, state aid, property tax levy

Transcript Highlights:

• How does that... ...50% for the dealers and 50% goes to the state account.
• How does that, now that it's $25, is it still a 50-50 split or is it $25 to the state only?
• the state or the country, and keep our economy moving.
• Because of that, we were looking at losing many of these folks in our state.
• And because of that, we were looking at losing many of these folks in our state.

Bills: HB2347

Keywords: luxury aircraft tax, tax reduction, economic impact, business aviation, state revenue, 904, all

Summary: The committee briefly reviewed four transportation-related bills before taking executive action. House Bill 2347 would repeal the 10% sales and use tax on luxury aircraft; members emphasized its economic importance, including effects on aviation, wildfire suppression, agriculture, health care, and jobs. Substitute Senate Bill 6170 would raise state force and emergency repair thresholds and increase WSDOT contracting limits to allow more self-performance and broaden access for small, veteran-, minority-, and women-owned businesses. Substitute Senate Bill 6225 would authorize transportation bonds for highway and Move Ahead Washington projects and increase SR 520 bond authority, but an amendment reduced the general highway bond authorization and removed the Move Ahead Washington bond portion. The committee then took votes. Substitute Senate Bill 6225 was amended and reported out with a do pass recommendation by a 16-10 vote. House Bill 2347 passed unanimously, 25-0, with a due pass recommendation. Substitute Senate Bill 6170 also passed unanimously, 26-0, with a due pass recommendation. Engrossed Substitute Senate Bill 6354, which advances transportation electrification by allowing certain direct sales by new motor vehicle manufacturers and increasing the dealer documentary service fee to fund EV rebates for vulnerable populations, was amended to reduce the fee increase from $50 to $25. Members discussed dealer bonding requirements and the negotiated nature of the fee. The amended bill was reported out with a due pass recommendation by a 21-4 vote. The chair then announced this would be the committee’s last meeting and adjourned.

Transcript Highlights:

• They lower state revenues, and they raise the need for state spending.
• State revenues fell by 12%.
• They lower state revenues, and they raise the need for state spending. Okay?
• State revenues fell by 12%.
• Our state revenues are based on total income.

Bills: H5006, H5007

Keywords: tax revenue, state surplus, taxpayer refunds, budget growth, Massachusetts General Laws, income tax, tax reduction, state law, personal income tax, tax rates, 1212, all

Summary: The Special Joint Committee on Initiative Petitions held a public hearing on two proposed ballot initiatives: one to reduce the state personal income tax rate from 5% to 4%, and another to revise the state tax collection cap (62F) so it is based on prior-year collections plus wage growth and includes surtax revenue. Committee chairs outlined the Article 48 process and explained that the measures would need additional signatures if not enacted by the legislature. The committee first heard from Doug Howgate of the Massachusetts Taxpayers Foundation, who testified as an expert on both proposals. He said the income tax cut would save taxpayers varying amounts depending on income, but would reduce state revenue by about $5.4 billion when fully implemented and could require budget cuts or other fiscal adjustments. He also argued the proposal would improve tax competitiveness but noted broader economic conditions would heavily affect outcomes. On the 62F proposal, he said the revised cap would make refunds much more likely, could reduce stabilization fund deposits, and would constrain the state’s ability to recover after recessions. Committee members questioned Howgate about competitiveness, outmigration, spending growth, and the interaction between the regular income tax and the surtax. He emphasized that taxes are only one part of competitiveness, alongside housing, education, safety, and other factors, and said recent spending growth has been driven largely by non-discretionary costs such as MassHealth and education commitments. He also noted that the income tax proposal would not directly reduce the surtax, though it could affect how the budget uses general fund and surtax resources. The committee then heard from proponents of both initiatives, including representatives of Taxpayers for an Affordable Massachusetts, NFIB, Pioneer Institute, and the Mass Opportunity Alliance. They argued that Massachusetts faces an affordability and competitiveness crisis, that the tax cut would put about $1,300 a year back into the hands of average families, and that lower taxes would help small businesses invest, hire, and retain workers. They cited outmigration, job losses relative to states like North Carolina, and high costs for housing, health care, energy, and unemployment insurance as reasons for action. Their economist, Rebecca Paxton, presented a statistical model claiming the income tax cut would have smaller revenue losses than critics predict and that the revised 62F formula would produce more regular taxpayer refunds without materially harming annual revenue growth. No votes were taken at the hearing, and the committee moved on to additional testimony and questions.

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

Transcript Highlights:

• Our state law allows a 10% above outside-state-of-Louisiana companies to be able to do some kinds of
• State. The state, what I mean. The state will receive more money. you think? I do believe that.
• Is this money going to State Police, or where's it going?
• Would you have that from State Police?
• Would you have that from state police?

Bills: HB316, HB549, HB646, HB752, HB824, HB873, HB1129, HB1157, HB1170

Keywords: literacy, adolescent, teacher education, high-dosage tutoring, reading intervention, workforce development, training programs, Bayou Growth Opportunity, funding, employment, skills gap, qualified employer, credential recognition, government growth limit, recurring revenue, state finance, Louisiana Income Tax Elimination Fund, fiscal responsibility, legislative sessions, regular sessions

Summary: The House Appropriations Committee met on April 22 and first considered Chairman Beaulieu’s House Bill 646, a constitutional amendment limiting the amount of State General Fund money that may be appropriated in a fiscal year. After adopting a set of amendments creating the Louisiana Income Tax Elimination Fund and making conforming changes, the committee reported the bill favorably as amended. The companion bill, House Bill 824, which establishes the growth limit formula based on CPI, medical CPI, and population change, was also amended and reported favorably as amended. Supporters framed both measures as a way to keep spending within recurring revenues and create a path toward reducing or eliminating the state income tax. The committee then reported favorably as amended House Bill 1157, creating the Louisiana State Infrastructure Fund to help finance infrastructure-related projects, with testimony that it would leverage private and federal dollars and initially focus on rail, port, road, and bridge projects. House Bill 316, which provides a framework for student literacy reforms for grades four through eight, was presented as having no new cost because the Department of Education said the work was already covered by existing resources; it was reported favorably. House Bill 549, creating the Bayou Growth Opportunity Workforce Program to provide employer-based training grants, also received support from business groups and was reported favorably as amended. House Bill 1129, dealing with the sale of state-owned surplus movable property, drew support from Louisiana auctioneers who argued local firms should be allowed to bid on the state’s auction contract instead of relying on an out-of-state vendor; it was reported favorably. House Bill 873, which would fund pursuit intervention technology through a $2 driver’s license fee, generated significant concern about adding fees and whether the money should instead come from existing budgets. After discussion of the proposed technologies and training, the committee deferred the bill voluntarily to work on alternatives, including a possible sunset and other funding options. Finally, House Bill 752, which would change the timing and duration of regular legislative sessions by joint rule, was reported without action after members noted the revised fiscal note showed a decrease in state general fund expenditures. The meeting then adjourned.

Transcript Highlights:

• </c><00:12:34.839><c> of</c> revenue coming into the state of revenue coming into the state of Minnesota
• House File 4123 and 4616 are a step forward in generating meaningful revenue needed to support state
• </c><00:43:20.680><c> revenue</c><00:43:21.040><c> is</c> ...faces, but this is why state revenue is
• The bill ties valuation to the federal state tax standard under Internal Revenue Code Section 2031.
• states.

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:

• Our state law allows a 10% advantage for outside state of Louisiana companies to be able to do some kinds
• State. The state, what I mean. The state will receive more money.
• Is this money going to state police or where's it going?
• Is this money going to state police or where's it going?
• Would you have that from state police?

Bills: HB316, HB549, HB646, HB752, HB824, HB873, HB1129, HB1157, HB1170

Keywords: literacy, adolescent, teacher education, high-dosage tutoring, reading intervention, workforce development, training programs, Bayou Growth Opportunity, funding, employment, skills gap, qualified employer, credential recognition, government growth limit, recurring revenue, state finance, Louisiana Income Tax Elimination Fund, fiscal responsibility, legislative sessions, regular sessions

Transcript Highlights:

• of our state budget.
• of our state immediate you know state of our state budget.<00:10:04.000><c> I</c><00:10:04.240><c> think
• </c> collections on uh compensatory revenue. collections on uh compensatory revenue.
• </c> compensatory revenue can be spent on. compensatory revenue can be spent on.
• </c> places in the state of Minnesota. places in the state of Minnesota.

Bills: HF1048, HF1049, HF745, HF2210

Keywords: charter schools, education funding, revenue calculation, general education revenue, special education, school library aid, education finance, school districts, funding eligibility, compensatory revenue, task force, free meals, school funding, education equity, HF2210, school unemployment aid, Minnesota Department of Education, general fund appropriation, unemployment insurance, unemployment claims

Transcript Highlights:

• Tuesday, February 17th, 2026, 10:00 a.m. decision-making agenda in Conference Room 229 at the Hawaii State

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:

• As a former state employee, I think that state employees are the ones interacting with the people every
• We shouldn't be relying on fees to fund anything, but because we are a welfare state and a state that
• For example, park fees when you go to a state park, that's a... ...park fees when you go to a state park—that's
• has already been stated, so I'll be brief.
• The state uses it, meaning that the state can invest more money in education.

Bills: SB1142, SCR1028

Keywords: scholarships, tax credit, education funding, nonprofit organizations, Arizona Revised Statutes, constitutional amendment, state revenue, tax policy, legislative approval, two-thirds vote, 1182, all

Transcript Highlights:

• of monies from various state funds.
• from the state budget.
• income and stated assets...
• Our state revenue cannot afford the provisions of this bill.
• The state does, and the state will continue in this budget.

Bills: HB4138, HB4139, HB4140, HB4141, HB4142, HB4143, HB4144, HB4145, HB4146, HB4147, HB4148, HB4149, HB4150, HB4151, HB4152, HB4153, SB1831, SB1832, SB1833, SB1834, SB1835, SB1836, SB1837, SB1838, SB1839, SB1840, SB1841, SB1842, SB1843, SB1844, SB1845, SB1846

Keywords: appropriations, education funding, health care, general fund, state budget, local funding, gaming, pari-mutuel, horse racing, regulatory assessment, first-time starters, budget implementation, federal funds, government services, budget stabilization, financial reporting, capital outlay, infrastructure, veterans services, highway construction

Transcript Highlights:

• </c><00:13:26.920><c> this</c> standard entitled identity States this standard entitled identity States
• </c> name of your school you can simply State name of your school you can simply State your<00:23:41.840
• Minnesota Compass states that Minnesota is known for high-quality public education; however, our state
• Minnesota Compass states that Minnesota is known for high-quality public education; however, our state
• </c> this class truly is the United States this class truly is the United States was<00:47:43.480><c>

Bills: HF29, HF921, HF922, HF1048, HF1049

Keywords: railroad, infrastructure, transportation funding, environmental remediation, capital investment, HF921, tax increment financing, TIF, excess tax increment, school district aid, levy adjustment, property tax levy, education finance, Minnesota education aid, decertification, local government finance, school funding formula, state aid reduction, referendum equalization aid, debt service equalization

Transcript Highlights:

• </c> We use a lot of those around the state. We use a lot of those around the state.
• </c> distribution formula so that the states distribution formula so that the states with<00:30:13.120
• :14.240><c> heavier</c> with states the counties with heavier with states the counties with heavier lottery
• They come up here, from out of state.
• </c><00:34:04.799><c> Liquor</c> Mike Moer, Wyoming State Liquor Mike Moer, Wyoming State Liquor Association

Bills: SF0052, SF0024

Keywords: wildlife management, environmental restoration, funding, invasive species, aquatic ecosystems, native fish, habitat conservation, lottery, debit card payments, gambling regulations, state revenue, financial transactions, 916, all

Transcript Highlights:

• the state, then it is covered.
• . state. state.
• That has been throughout the state. So, That has been throughout the state.
• I'm the state director for Americans for Prosperity right here in the Cowboy State.
• Again, no state repair law adopted in the other states has allowed for private right of action.

Bills: SF0052, SF0024

Keywords: wildlife management, environmental restoration, funding, invasive species, aquatic ecosystems, native fish, habitat conservation, lottery, debit card payments, gambling regulations, state revenue, financial transactions, 916, all