Video & Transcript Research : 'transaction privilege tax'

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AZ

Arizona 2026 Regular Session

01/28/2026 - House Ways & Means

Ways & Means

Transcript Highlights:
  • Agricultural property for property taxes.
  • Taxpayers sued the assessor and won in tax court.
  • However, they affirmed the decision of the lower tax court. Mr.
  • There's no tax shift, and this is the right thing to do.
  • tax, and the idea is that if you're buying a...
AZ

Arizona 2026 Regular Session

02/18/2026 - House Ways & Means

Ways & Means

Transcript Highlights:
  • privilege tax transactions involving tangible personal property.
  • We tax our transactions similar to what Mr.
  • We tax our transactions similar to what Mr. Scott explained.
  • We are in a transaction privilege tax state, and so by the construct of your law that we have in Arizona
  • Based on my comment about us being a transaction privilege tax state versus a sales tax state, that does
AZ

Arizona 2026 Regular Session

03/09/2026 - Senate Finance

Finance

Transcript Highlights:
  • This bill also requires a tax officer to provide acknowledgement or response.
  • Tax officers are still obligated to respond through physical mail.
  • As a former tax practitioner and a student of tax policy...
  • As a former tax practitioner and a student of tax policy, it's my belief that tax exemptions are kind
  • privilege tax personal property rental classifications.
AZ

Arizona 2026 Regular Session

03/04/2026 - House Ways & Means

Ways & Means

Transcript Highlights:
  • Would they still just have, would they be taxed, or would there be another mechanism to pay the tax?
  • on the tax rolls, is making up for that by paying higher taxes.
  • Chair, it would be a smaller tax shift, but it would still be a tax shift.
  • No, the bill is looking to remove 73% of the K through 12 taxes that are in that excise tax.
  • No, the bill is looking to remove 73% of the K through 12 taxes that are in that excise tax.
AZ

Arizona 2026 Regular Session

01/29/2026 - House Rural Economic Development

Rural Economic Development

Transcript Highlights:
  • A few years ago... ...before I was at the legislature, Pinal County did a tax, and the voters of Pinal
  • Goldwater Institute then sued the county after the county started to collect the taxes.
  • Pinal County collected up to about $80 million worth of taxes that the voters wanted to go to the roads
  • , not the consumers who the tax got passed down to.
  • So we paid into this tax.
AZ

Arizona 2026 Regular Session

02/11/2026 - Senate Government

Government

Transcript Highlights:
  • privilege or excise tax at a rate of more than 2.5% on any TPP classification.
  • It ensures that municipal transaction privilege and excise tax rates don't exceed... ...two largest cities
  • It ensures that municipal transaction privilege and excise tax rates don't exceed a reasonable 2.5% per
  • privilege tax from 2.3% to 2.8% just effective last year.
  • Phoenix increased its city's transaction privilege tax from 2.3% to 2.8% just effective last year.
AZ

Arizona 2026 Regular Session

03/23/2026 - Senate Finance

Finance

Transcript Highlights:
  • I don't want to pay that tax'?
  • Chairman, why should it be a tax?
  • The budget process, which is for a future year, is different than tax, the tax filing system, which is
  • Current statute authorizes the state treasurer to pay state prime contracting transaction privilege tax
  • None of those properties are paying any other taxes because they are now on tax-protected jurisdiction
AZ

Arizona 2026 Regular Session

03/17/2026 - House Commerce

Commerce

Transcript Highlights:
  • But essentially, I look at this stuff as a time tax a lot.
  • You're taxing people's time and the years of their life to get something going that they want to get
  • It's a piece of land that I've paid taxes on for over six years. I've sat on this property.
  • It's a piece of land that I've paid taxes on for over six years with six different buyers.
  • If you don't pay your property taxes, your home vanishes.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 3/10/26

Taxes

Transcript Highlights:
  • /c> um these corporate tax cuts and um tax um these corporate tax cuts and um tax cuts<00:24:28.400><
  • This tax, as Representative Lee noted, is a 1/100 of a percent on most property sale transactions, which
  • , wheelage taxes, hospitality taxes.”
  • taxes, wheelage taxes, hospitality sales taxes, wheelage taxes, hospitality taxes.<00:57:54.920>
  • . taxes. taxes.
LA

Louisiana 2026 Regular Session

Revenue and Fiscal Affairs May 11th, 2026

Revenue & Fiscal Affairs

Transcript Highlights:
  • They're paying the fuel tax.
  • That would not be paying the gas tax, or it does pay the gas tax and would not get the hybrid tax.
  • They don't have to pay any taxes anymore. to pay taxes.
  • They didn't have to pay any of that tax. Everybody else had to pay the tax.
  • tax.
AL

Alabama 2026 Regular Session

Alabama Senate Banking and Insurance Committee Apr 1st, 2026

Banking and Insurance

Transcript Highlights:
  • rounding to the nearest 5 cents, but if it was like 3 or 4 cents, it would go to a nickel if the final transaction
  • :09.880> final it would go to a nickel if the final it would go to a nickel if the final transaction
  • :11.200> it<00:04:11.320> was<00:04:11.840> let's<00:04:12.000> say transaction
  • If it was let's say transaction was.
Bills: HB545
AZ

Arizona 2026 Regular Session

02/02/2026 - Senate Finance

Finance

Transcript Highlights:
  • That is to ensure taxpayers are not taxed in property that no longer exists. ...destroyed after the tax
  • can be prorated in the tax year.
  • changes to the tax statutes.
  • onto everybody else, and so this is a tax shift, rather enormous tax shift in my opinion.
  • onto everybody else, and so this is a tax shift, a rather enormous tax shift in my opinion.
AL

Alabama 2025 Regular Session

Alabama Senate Transportation and Energy Committee Apr 10th, 2025

Transportation and Energy

Transcript Highlights:
  • In addition to the fees, the utility pays a... ...the utility pays a separate 3% gross receipt tax and
  • So they don't charge a tax in Birmingham now? Not a franchise fee.
  • We pay everybody the business license tax. That is uniform across the state, 3%.
Bills: SB271, SB295, SB309
AL

Alabama 2025 Regular Session

Alabama House Insurance Committee Feb 19th, 2025

Insurance

Transcript Highlights:
  • amendment is another kind of technical amendment that just clarifies the provisions of this act apply to tax
  • My understanding is, of course, this bond is only to protect and guarantee the premium tax that we collect
  • , and we do not collect premium... ...collect, and we do not collect premium tax on out-of-state brokers
AL

Alabama 2025 Regular Session

Alabama House Fiscal Responsibility Committee Feb 19th, 2025

Fiscal Responsibility

Transcript Highlights:
  • 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.
  • I don't know if there's some tax issues or anything with that. We've never looked at that.
Bills: SB45, SB73, SB169, HB243, SB177
AL

Alabama 2026 Regular Session

Alabama House Financial Services Committee Mar 10th, 2026

Financial Services

Transcript Highlights:
  • How this would actually work: this only applies to cash transactions.
  • The total purchase amount would be calculated, the tax would be calculated and paid.
  • This final total, after the tax is paid, will be rounded to the nearest 5 cents.
  • Um total purchase amount transactions.
  • calculated, the tax would be calculated<00:07:31.039> and<00:07:31.360> paid.
Bills: HB545, HB545
AL

Alabama 2025 Regular Session

Alabama Senate Finance and Taxation General Fund Committee Apr 24th, 2025

Finance and Taxation General Fund

Transcript Highlights:
  • I always look at tourism dollars as being those free dollars in the sense that we're not taxing our own
  • Representative Blackshere, this is the nursing facilities privilege assessment surcharge.