The House Finance Committee advanced a contested data center sales tax exemption bill (HB897) to Appropriations 16-5 with new environmental conditions, passed a firearms and ammunition excise tax bill (HB919) 14-7 with a delayed enactment clause, tabled a microchip/semiconductor manufacturing bill 19-1, and carried over to 2027 a large block of significant tax structure and credit bills from three subcommittees.
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Delegate McDoumero [UNCLEAR spelling] asked whether the HB897 substitute was posted on the expected online system ('Is it posted on ihad yet?'). The response indicated it was on another system and had not been posted on the system the delegate checked; the delegate shook her head when asked a follow-up question, indicating the substitute was not available on the expected platform at the time of the vote.
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“I appreciate the Chair's indulgence. Letting me say a couple words, and I appreciate the committee's indulgence as this very challenging bill continues to evolve. We've just put a substitute in which represents the state of our negotiations to date. I want to thank all the stakeholders that have been involved in this conversation, which is ongoing. But as I said, the substitute we're voting on today represents the state of play. I expect continuing and ongoing negotiations as we try to improve the bill from here on out.”
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Sign in to subscribeThe meeting of full finance. House Finance Committee will come to order. Clerk, please open your roll. Members, please indicate your attendance. Close the roll. We have a quorum. The first item on the agenda is the subcommittee number one report. Delegate Hernandez, are you ready or did I rush you? You rushed me and I'm ready, Madam Chair. Okay. All right. So the committee met on February 9th and we heard number of bills in this category. What I would like to do, Madam Chair, is take action on a block as a block with all these bills. All right. If you would identify the block first. So we recommended continuing to 2027, all six bills that are here. So that's HB243, GB504, HB7. One moment, if you can slow down. We. First on the agenda was House Bill 400. So that's not part of the block. Correct. On the agenda that the public has. So you are turning then to. All right, you're starting 2-9-243. Yes. Proceed then. Okay, so HB233 from 243 from delegate Josh Cole. This is corporate welfare tax imposes on large employers as defined in the bill. Corporate welfare tax equal to 100% of…
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