Conference Committee on HB26-1206 [May 13, 2026]

. Thank you. Thank you. Thank you Ah, now it makes sense. Okay, thank you. The first conference committee on House Bill 26-1206 will come to order. Ms. Caitlin, please call the roll.

Bright. Here.

Zokai. Here.

Joseph.

of the bill for the imposition or increasing of a sales and use or tax that does both to send revenue to the authority. Also of note in the re version of the bill the Department of Revenue costs were to be covered by gifts grants and donations and certain parts of the bill would not go into effect unless those gifts grants and donations were received Yeah, and there was bonding authority. As the bill has left the Senate, the re-revised version of the bill, I would say that largely the bill has been streamlined. And the streamlining of that bill is that the process for either increasing or imposing a new sales, sales and use tax or both has been – is now will be handled through an intergovernmental agreement between the relevant entities. So that being the county and authority with a county sales tax, the city and authority with a city tax. And then in this case, there are no longer gifts, grants and donations for the Department of Revenue. I assume that is because the department no longer has cost because this would just be the increase of a tax by an entity that already has existing taxing power. So there's no gen tax or other administrative costs. It is worth noting that there is bonding authority in both versions of the bill. It is also worth noting for purposes of the discussion in the conference committee report that a subsection was added to the bill and I believe second reading in the Senate to say that a county not a city but a county that enters into an intergovernmental agreement to either impose or increase existing sales and use tax to send money to the authority before imposing or increasing that tax or pledging the revenue from the tax would have to enter into an MOU or a memorandum of understanding about how that revenue was going to be pledged with the authority and any city within the authority boundaries I believe that last subsection that I more or less read verbatim is the subsection at issue in this conference committee

Thank you, Madam Chair. I regrettably move to adopt the first draft report of the first conference committee on House Bill 1206.

Senators and Representatives, Benavidez. I join Senator Linstead with regrets, but vote to adopt the report.

Gonzalez. Yes.

Linstead. Yes.

Grateful yes.