Video & Transcript Research : 'state tax subtraction'
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MN
Transcript Highlights:
- Through our tax system, which funds the services that we provide as a state.
- You're right: the state continues to rely on sales tax.
- R&D here rather than in other states where they get the simplified tax credit.
- R&D here rather than in other states where they get the simplified tax credit.
- than in other states where they get the simplified tax credit.
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
MN
Minnesota 2025-2026 Regular Session
House Transportation Finance and Policy Committee 2/10/25 - Part 1
Transportation Finance and Policy
Transcript Highlights:
- <00:08:10.560>
road federal funds for state road federal funds for state road construction - , is it, or sales tax?
- , is it, or sales tax?
- sales tax, our formula sources.
- I have a question about this Metro sales tax, the 75% Metro sales tax.
Bills:
HF5
MN
Minnesota 2025-2026 Regular Session
House Transportation Finance and Policy Committee 2/10/25 - Part 2
Transportation Finance and Policy
Transcript Highlights:
- You know, as we continue to put more and more gas tax on in Minnesota, our bordering states are selling
- Otherwise, property taxes bear the burden when state revenue is not adequate.
- Otherwise, property taxes bear the burden when state revenue is not adequate.
- You can look online at all other states' legal statutes for what the gas tax is.
- You can look online at all other states' legal statutes for what the gas tax is.
Bills:
HF5
DE
Delaware 2025-2026 Regular Session
House Appropriations Committee Meeting Jun 23rd, 2026
Appropriations
Transcript Highlights:
- Senate Bill 219 gradually reduces how much state income tax military retirees have to pay on their military
- Since then, my family has spent over $10,000 a year in Delaware state taxes.
- Since then, my family has spent over $10,000 a year in Delaware State taxes.
- I want to address the fiscal Delaware state taxes.
- to our state.
Keywords:
military pension, military retirement pay, veterans, retiree tax relief, income tax exemption, pension exclusion, Delaware income tax, retirement income, state tax subtraction, armed forces retirement, National Guard, Space Force, Coast Guard, NOAA, Public Health Service, taxable income, Title 30, Section 1106, wetlands protection, nontidal wetlands
Summary:
The House Appropriations Committee met to hear several bills, with members repeatedly reminded to focus on fiscal impacts rather than policy merits. The committee first considered SB 9 on freshwater wetlands, which would combine tidal and non-tidal wetlands programs into one permitting framework; supporters said the bill resulted from a two-year consensus process and that the governor’s office and DENREC would absorb a significant share of the cost. Public testimony was largely supportive, emphasizing flood control and ecosystem services, though one speaker opposed the spending. The committee voted to release SB 9.
The committee then heard SB 278 on child care assistance, which would preauthorize summer camp for eligible school-age children and create a separate lower co-payment for half-day care. The sponsor and the YMCA of Delaware said the change would better align family co-pays with provider reimbursement and make before- and after-school care more affordable for working families. The committee also released SB 278, SB 168 on alcohol delivery for package stores, SB 120 on health insurance coverage for certain testing and treatment, and HB 4, a pilot program for artificial intelligence and extended reality in schools; HB 4 was described as having a near-$3 million fiscal note and a one-year implementation delay because it was not funded in the budget.
Later, the committee approved SB 219, which gradually increases the military pension income tax exclusion from $12,500 to $25,000 over three years and includes related joint-filing and residency changes. Supporters argued it would help attract and retain military retirees and bring federal dollars into the state. The committee also released SB 1, a major primary care reform bill that would increase primary care spending and implement hospital payment reforms, with projected long-term savings to the state employee health plan, and SB 325, which expands background checks and wrap-back monitoring for fire service personnel and adds an investigator position for the Fire Prevention Commission. In each case, public commenters and committee members generally supported the bills, and all were released from committee by recorded vote.
AZ
Transcript Highlights:
- Today, we are a low-tax, high-growth state.
- income tax for the state level.
- Today, we are a low tax, high growth state.
- period is, is state. corporate income taxes, and all you've seen through that period is state and local
- into the state this year using the governor's tax forms.
Keywords:
individual income tax, subtraction, Arizona Revised Statutes, retirement benefits, adoption costs, charitable contributions, health insurance, premium payment, Arizona State Retirement System, contingent annuitant, long-term disability, benefits limitations, disability compensation, social security, retirement system, elected officials, ASRS, eligibility waiver, age 65, education savings
AZ
Transcript Highlights:
- Right now in Arizona, a small business or individual who owes $0 to the state in taxes can still be hit
- Chair, Representative Carter, have you talked to, like, tax aides or the State Board of Equalization
- Let’s say the State Board of Equalization doesn’t rule in their favor, they can then go to tax court.
- Chairman, the State of Ohio recently passed a ballot referral to eliminate the property tax.
- Chairman, the State of Ohio recently passed a ballot referral to eliminate the property tax.
Keywords:
tax penalties, filing, tax returns, administration, Arizona Revised Statutes, agricultural property, classification, county assessor, property inspection, appeal process, property tax, agricultural classification, Department of Revenue, property valuation, inspection notice, inspection report, on-site inspection, full cash value, rural land, farm land
MN
Transcript Highlights:
- few years ago called the State Housing Tax Credit.
- ago called the State Housing Tax Credit.
- The State Housing Tax Credit has been a wonderful tool to not only create new housing in our state but
- The State Housing Tax Credit works because it is practical and dependable.
- Credit<01:01:11.800>
works The State Housing Tax Credit works The State Housing Tax Credit
Keywords:
day care, tax subtraction, child care costs, licensed child care, dependent care assistance, HF4321, dependent care assistance programs, gross income exclusion, federal conformity, Internal Revenue Code, individual income tax, Minnesota tax law, tax conformity, child care assistance, employer-provided dependent care, taxable income, state income tax, retroactive tax change, family care benefits, housing tax credit
MN
Transcript Highlights:
- The section also provides a state payment for the taxes attributable to the exemption.
- The state has a tax, the county has a tax, and now the city has a tax.
- My federal taxes I can file for free; I always pay for my state taxes.
- We hope you can build further on Child Tax Credit expansion for filing state income taxes.
- Use for the state housing tax credit to approve its effectiveness for supportive housing.
Keywords:
local government debt, municipal bonds, county bonds, capital improvements, public financing, bond issuance, public hearing, notice period, bond guarantee, Minnesota Public Facilities Authority, volume cap, private activity bonds, housing finance, residential rental bonds, LIHTC, low-income housing tax credits, redevelopment, courthouse financing, jail financing, law enforcement center
MN
Transcript Highlights:
- c> to<00:30:00.559>
the state tax revenue provisions to the state tax revenue provisions to - The state has a tax, the county has a tax, now the city has a tax.
- , state has a tax, the county has a tax, state has a tax, the county has a tax, now<01:05:15.280>
- So, their state taxes um before that.
- c> to for the state housing tax credit to for the state housing tax credit to approve<01:35:57.360
Keywords:
local government debt, municipal bonds, county bonds, capital improvements, public financing, bond issuance, public hearing, notice period, bond guarantee, Minnesota Public Facilities Authority, volume cap, private activity bonds, housing finance, residential rental bonds, LIHTC, low-income housing tax credits, redevelopment, courthouse financing, jail financing, law enforcement center
AZ
Transcript Highlights:
- excise tax.
- The State of Arizona is the only one who has the government property lease excise tax.
- The other states use a tool called tax increment financing to cause redevelopment to happen.
- The availability of the full eight-year property tax abatement currently authorized in state statute
- Beginning January 1, 2027, an individual income tax subtraction for the amounts of any net capital gains
Keywords:
savings and loan, technical correction, Arizona Revised Statutes, financial institutions, prohibitions, GPLET, abatement, tax incentives, local government, property improvement, central business district, insurance, settlement demands, time limits, third-party claims, regulatory compliance, initiative, referendum, ballot measures, petition circulators
MN
Transcript Highlights:
- <00:05:04.000>
we <00:05:04.080>can the state and a form a sales tax we can the state - As with many communities around the state, getting relief on these construction sales tax exemptions
- It also allows us to continue or allows us to retain the sales tax that we collect at the State Fair,
- sales tax that we collect at the state sales tax that we collect at the state fair<00:52:23.839>
- this is the sales tax on only uh<00:52:26.960>
State <00:52:27.520>Agricultural uh State
Keywords:
sales tax, education funding, construction, Aitkin Public Schools, tax exemption, refundable credit, HF148, use of force training, deadly force, peace officer training, police training, law enforcement, POST Board, Board of Peace Officer Standards and Training, scenario-based training, de-escalation, defensive tactics, force-on-force training, stress management, officer wellness
MN
Transcript Highlights:
- million um appropriation from the state million um appropriation from the state on<00:10:13.680>
- We have only a 9% tax capacity, making it incredibly difficult to fund these projects without state assistance
- locally, especially with lower taxes locally, especially with state<00:45:06.680>
assistance. - Further, the state state assistance.
- <01:31:55.199>
In benefit of a commercial tax base. In benefit of a commercial tax base.
Bills:
HF604, HF1972, HF578, HF1951, HF629, HF864, HF874, HF1155, HF884, HF2365, HF643, HF234, HF2655, HF2637, HF2535, HF2530, HF2344, HF584, HF524
Keywords:
airport funding, bonds, transportation, capital investment, Karlstad, community center, Breckenridge, state bonds, economic development, HF578, Faribault, River Bend Nature Center, bonding bill, bond proceeds fund, Minnesota Department of Natural Resources, DNR grant, nature center, visitor center, environmental education, multicultural center
OK
Transcript Highlights:
- credit for private school tuition, and it's quite common throughout the tax credit states, of which
- I do know there are other testing requirements of the states that have the parental choice tax credit
- They're also students who are in states that are receiving this tax credit who require the testing of
- The last thing is punishment here is they would no longer qualify for State these school tax credits
- Senate Bill 1398 provides a tax A credit capped at 5 million dollars total that the state would spend
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
MN
Transcript Highlights:
- 30% of the parcels in St Joseph are tax 30% of the parcels in St Joseph are tax exempt<00:02:49.280
- uh table and you may testifying State uh table and you may state<00:08:52.720>
your <00:08:52.839 - Franson you're welcome uh please state Franson you're welcome uh please state your<00:25:10.919>
- Where are they in the state, as far as state averages? Thank you, Chair Franson, Member Skraba.
- Francis by the state.
Bills:
HF201, HF217, HF314, HF315, HF406, HF408, HF425, HF426, HF730, HF731, HF652, HF761, HF1079, HF928, HF1017, HF1056, HF1081
Keywords:
HF201, Minnesota income tax, tax subtraction, tax deduction, volunteer firefighter, volunteer fire and rescue, emergency responder, ambulance service personnel, EMR, EMS, search and rescue, canine search and rescue, underwater search and rescue, paid-on-call, part-time volunteer, tax relief, state tax law, section 290.0132, drivers license, identification card
MA
Massachusetts 2025-2026 Regular Session
Special Joint Committee on Initiative Petitions Mar 30th, 2026
Special Joint Committee on Initiative Petitions
Transcript Highlights:
- state would otherwise collect to tax filers.
- And 17 states have a higher income tax rate.
- And 17 states have a higher income tax rate.
- The empirical ...dollar hit to state taxes, tax revenues, excuse me.
- As you well know, the state income tax provides more than half of all the state tax revenue and is the
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.
MA
Massachusetts 2025-2026 Regular Session
Special Joint Committee on Initiative Petitions Mar 30th, 2026
Special Joint Committee on Initiative Petitions
Transcript Highlights:
- state would otherwise collect to tax filers.
- And 17 states have a higher income tax rate.
- And 17 states have a higher income tax rate.
- the state offers and where those taxes go.
- As you well know, the state income tax provides more than half of all the state tax revenue and is the
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.
AL
Alabama 2025 Regular Session
Alabama House Fiscal Responsibility Committee Feb 19th, 2025
Fiscal Responsibility
Transcript Highlights:
- Lord, we thank you for this opportunity to serve the great state of Alabama.
- It's not subject to state income tax.
- It's a benefit for teachers because that retirement is not subject to state income tax; it's sitting
- Then they can roll it into an IRA or another tax-separate account at the end.
- The rate is paid by the state, not by the employer.
Keywords:
athlete agents, commission, state regulation, Alabama, higher education, athletics, membership diversity, catastrophe savings account, catastrophe fund, storm savings, disaster savings, hurricane, windstorm, floodwaters, hail, tornado, property insurance, homeowners insurance, insurance deductible, FORTIFIED
MN
Transcript Highlights:
- formation as a state we should provide<00:13:06.480>
tax <00:13:06.720>relief <00:13:07.160 - So my community, like many across the state, is facing hefty property tax increases now.
- property tax refund from the state of up to $11,000.
- So this is a way for us to help at the state level folks if they are seeing an increase in property taxes
- So this is a way for us to help at the state level folks if they are seeing an increase in property taxes
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
OK
Transcript Highlights:
- I thought we did this already, but through loft instead of through the secretary of state.
- But at this point in time, this one does, as you mentioned, take it to the secretary of state.
- So that is the current state of it, and that's what we're shooting for.
- So it's not just like a state agency.
- Is this a situation that we should absolutely outlaw for the whole state.
Keywords:
unclaimed property, abandoned property, state treasurer, unclaimed property fund, public website, claimant, hearing, administrative procedures act, sales tax exemption, income tax subtraction, youth entrepreneurs, teen business, minor-owned business, sole proprietorship, business license exemption, entrepreneurship, youth vendor, Oklahoma Tax Commission, Title 60, Title 68
OK
Transcript Highlights:
- That has not been my experience, and I've done that work all over the state.
- That is happening in the state of Oklahoma. You're recognized for follow-up.
- So that is the current state of it, and that's what we're shooting for. Thank you.
- So it would come from those agencies, so it's not just like a state agency.
- We are one of only two states that operate the receivership office in this way.
Keywords:
unclaimed property, abandoned property, state treasurer, unclaimed property fund, public website, claimant, hearing, administrative procedures act, sales tax exemption, income tax subtraction, youth entrepreneurs, teen business, minor-owned business, sole proprietorship, business license exemption, entrepreneurship, youth vendor, Oklahoma Tax Commission, Title 60, Title 68
Summary:
The committee first laid over Senate Bill 263, then took up several other measures. Senate Bill 1877, which would create a centralized reporting system for reports through the Secretary of State, was discussed as similar to House Bill 3047 and was reported due pass by a 6-0 vote. Senate Bill 1884, concerning access for statewide educator associations and individual school employees, drew questions about union access, off-campus recruitment, right-to-work law, and possible conflicting language on fees and reimbursement; it was reported due pass 6-1.
The committee then advanced tourism and public safety measures. Senate Bill 1365 would update promotional fund language and allow the Tourism and Recreation Department to make certain merchandise purchases outside the central purchasing process up to $75,000; it passed 6-2. Senate Bill 2174 would change the appointment and makeup of the State Fire Marshal Commission board and was reported due pass 8-0. Senate Bill 1525, as amended by a PCS, would let the Tourism and Recreation Department contract for support of its annual tourism conference and charge registration fees to recoup costs, with emergency language added; it passed 6-2.
The committee also approved House Bill 1810, which would allow expert testimony in human trafficking cases and add trafficking victims to existing victim services, by an 8-0 vote. On workforce and agency administration, Senate Bill 1771 would expand the Workforce Commission’s authority to collect funding, expenditure, and performance data and to hire outside counsel; it passed 5-2. Senate Bill 1805 would bar certain group homes and post-adjudication treatment facilities from using contract staff, due to concerns about records access and staffing; it passed 6-1. Finally, Senate Bill 1960 would move the Oklahoma Receivership Office under the Oklahoma Insurance Department to modernize and reduce duplication, and it was reported due pass 7-0. The meeting then adjourned.