Transcript Highlights:

• Director of the office of school safety and security.
• Previously, he served as the chief of school safety and security.
• The President has talked about how we've secured, how long we've been securing the border.
• Prior to my arrival, school districts kind of did secure security and safety on their own, and everybody
• It's a valuable tool that they have. in a transparent and secure way.

Keywords: 1185, senate, all

Transcript Highlights:

• One billing in member carrier assessments and one billing in policyholder-backed securities.
• Specifically, the bill aggregates the assessment layers, the first layer, and the public... securities
• SB 2571 removes the reference to dollar values for both assessments and public securities and instead
• Under the bill, both the statutorily insured sources of funding—assessments and public securities—would
• And then public securities remind me of how that works.

Bills: SB1468, SB1612, SB1789, SB2530, SB2571, SB2717, SB2967

Keywords: utility systems, Texas A&M, regents authority, construction, improvement, construction contracts, trust funds, property rights, mechanics lien, contractors, trustee liability, mechanic's lien, liability, attorney's fees, windstorm insurance, Texas Windstorm Insurance Association, insurance regulation, administrative penalties, coastal counties, catastrophe year

Transcript Highlights:

• Food security is national security.
• There's a Social Security disability bill that Social Security disability bill that hands more authority
• If you don't have health care, uh, you don't feel very secure. National security...
• Remember, Medicare, Social Security are pay as you Medicare, Social Security are pay-as-you-go programs
• That's why every month when Social Security checks go out the door, the Social Security administrators

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, June 30, 2026, 1012, house, all

Transcript Highlights:

• This was formerly our Homeland Security branch.
• I mean, we have a secure communications room at GOSEP where he can get on secure email and do secure
• There was a change made in 2001, adding Homeland Security.
• As to protect and secure something in the infrastructure?
• This is going to be his last Homeland Security meeting.

Summary: The committee met on May 26, 2026, and first approved the minutes from the May 22, 2025 meeting. The main topic was the Northwest Louisiana earthquake cluster, with testimony from Louisiana Department of Conservation and Energy staff, LSU and Tulane geoscientists, and later LSU law professor Keith Hall. Witnesses said the cause of the swarm has not been definitively identified, but induced seismicity from wastewater injection or hydraulic fracturing remains a concern. They described 50 earthquakes reported by the USGS in Red River, Bienville, DeSoto, and Natchitoches Parishes, including a magnitude 4.9 event on March 5, 2026, and explained that Louisiana’s sparse seismic network limits detection and depth/location estimates. C&E said it inspected Class II injection wells within 12 miles of the events, found no violations, now requires more frequent injection reporting, and is working with researchers and LSU on a possible state monitoring network and future policy changes. Committee members asked about injection depths, fault locations, whether the activity could be natural, and whether Louisiana should adopt stronger monitoring or a traffic-light regulatory system like other states. The witnesses said more data is needed before firm conclusions can be drawn, but that denser monitoring can detect smaller quakes and help identify patterns. Professor Hall summarized responses in other states, including more frequent reporting, increased monitoring, injection reductions, moratoria, and traffic-light systems in Oklahoma, Kansas, Texas, Ohio, and Illinois. Members also discussed whether operators should share more seismic and geologic data, and several said the state should avoid jumping to conclusions while still improving oversight. The committee then heard from William Berger, a Texas geoscientist, who described using AI and operator data to model wastewater injection and seismic risk, and said broader data sharing would improve forecasting and siting decisions. He and another witness emphasized that many earthquakes arise from clusters of wells rather than a single well, and that proprietary concerns limit voluntary disclosure. The committee also received a brief update from GOSEP and the Louisiana National Guard on the Barksdale Air Force Base drone incursions. GOSEP said it logged the incident in WebEOC and shared releasable information, while State Police and the FBI said they were limited in what they could disclose. Officers said a task force has been formed, some personnel have received federal drone-mitigation training, and House Bill 940 is intended to mirror the task force MOU. Finally, Major General Thomas Friloux and Brigadier General Jason Maffus updated the committee on the merger of GOSEP into the Louisiana Military Department. They said the merger has reduced GOSEP from seven divisions to three, brought back employees to in-person work, modernized the state’s common operating picture, and produced about $10.5 million in first-year cost avoidance through staffing and contract changes. They also noted the planned transfer of the Louisiana Center for Safe Schools to the Louisiana Commission on Law Enforcement, ongoing hurricane preparedness, and continued coordination with parish emergency managers. No votes were taken on the substantive topics, and the meeting ended with the committee moving through its agenda items and receiving informational testimony.

Transcript Highlights:

• so working with the Securities so working with the Securities Commission<00:11:54.480> u<
• > commission banking here, securities commission banking here, securities commission here.<00:
• And it's the best securities department.
• But uh securities.
• <00:23:36.080> to um make sure they have the securities to um make sure they have the securities

Bills: HB259, HB206, HB207, HB259, HB206, HB207

Keywords: income tax credit, tax incentive, recruitment, remote work, remote worker, recruited worker, rural counties, small counties, county population tiers, opportunity zone, teacher recruitment, nurse recruitment, law enforcement recruitment, workforce development, economic development, relocation incentive, Alabama Department of Revenue, nonrefundable tax credit, tax carryforward, state income tax

Transcript Highlights:

• The bill also improves campus security by refining lock campus and building requirements to focus on
• actual security risks and that apply during school supervision hours, rather than whenever a student
• That would be the security agency, Senator Berman. Okay.
• guards, but I understand we're not using security guards and guardians simultaneously.
• Let's take up tab 8, SB 1472, on public record school security guards by Senator Burgess.

Summary: The Pre-K-12 Education Committee took up a series of education, school safety, health, and student access bills. SB 754 on International Baccalaureate bonus funds was amended to clarify the theory of knowledge course and then reported favorably. SB 370 would allow routine non-invasive school health screenings, such as vision, hearing, and dental checks, to proceed with written notice and an opt-out process rather than active parental consent; supporters said it would improve participation and access, while opponents argued it was too broad and weakened parental rights. After debate over scope, funding, and consent, the bill was reported favorably. The committee also advanced SB 1070, which would require ECG screenings for student athletes under a phased rollout beginning in 2026, with religious and medical opt-outs. The bill was renamed the Second Chance Act in honor of Chance Gainer. Supporters described it as a life-saving measure to detect hidden cardiac conditions, while some members raised cost and implementation concerns. SB 508, the Family Empowerment Scholarship bill, would require private schools to disclose in writing what accommodations and services they will provide to students with IEPs, 504 plans, or ELL plans before enrollment; it was supported by parents, advocacy groups, and some school representatives and was reported favorably. School safety measures were also considered. SB 1470 would refine campus locking and supervision rules, create clearer exceptions, expand training and security options for school safety personnel, and allow district-employed law enforcement officers to use canines for threat detection. Witnesses from school safety and Parkland-related advocacy groups supported the bill but urged caution on exemptions and implementation details. SB 1472 would extend a public records exemption to certified school security guards, matching the protection already given to school guardians, and it was reported favorably. Finally, SB 248 would expand participation in FHSAA sports for private school and home education students at public schools when their own schools do not offer the sport, and SB 1618 made broad changes to VPK through grade 12 policy, including reading instruction, financial literacy, school funds restrictions, teacher certification, and advisory council rules; both bills were reported favorably. Several members later recorded votes in support of specific tabs before the committee adjourned.

Transcript Highlights:

• Paragraph 2 of Subsection B is redesignated, and the security standard is changed from Authentication
• digital title where a department-approved alternative meeting the department's security, privacy, and
• It authorizes secure digital verification through department-approved services.
• digital vehicle titles. facing services related to secure digital vehicle titles.
• Authorizes secure digital verification through department-approved services.

Bills: HR243, HB939, SB56, SB72, SB129, SB171, SB252

Keywords: Tickfaw River, boating safety, warning signs, parish governing authorities, Livingston Parish, St. Tammany Parish, Tangipahoa Parish, Lake Maurepas, Natalbany River, boat collisions, vessel incidents, recreational boating, marine safety, public safety, navigation hazards, waterway signage, Louisiana House Resolution 243, HR 243, motor vehicle, licensing

Summary: The committee first adopted Amendment Set 527 without objection, then took up Senate Bill 56 concerning the Lafitte Area Independent Levee District and its possible transfer into the Southeast Louisiana Flood Protection Authority-West. Amendment Set 5327 was adopted to add a compliance officer with specified qualifications, described as a checks-and-balances measure separating that role from the chief of police. Testimony in support emphasized the district’s limited recurring revenues, the need for professional management, and the West Bank authority’s ability to provide administrative and operational support. A witness for affected landowners raised concerns about unpaid takings claims and urged amendments to preserve liability and avoid litigation, but the committee ultimately reported SB 56 favorably with amendments. The committee then received an update from DOTD Secretary Glenn Laude on the department’s transformation initiatives, including outsourcing operations and maintenance, construction process improvements, faster contractor payment times, quicker change-order approvals, and improved project delivery rates. After that, the committee reported favorably Senate Bill 171, which makes cleanup changes to the new water resources authority, and Senate Bill 252, which updates driver’s license organ-donor authorization to record both yes and no choices. Senate Bill 72, dealing with electronic titles and vehicle registration, was amended extensively to modernize OMV processes, support electronic lien and title transactions, and set standards for secure digital titles; it was then reported with amendments. House Bill 939, which would have created a Louisiana New and Used Motor Vehicle Commission, was converted into a substitute bill creating a Louisiana Vehicle Commission and consolidating the existing new and used vehicle commissions. After discussion of implementation, governance, funding, and employee-transition concerns, the committee adopted the substitute amendments and then deferred the bill. Senate Bill 129, creating a Master Combat Infantry Specialty license plate, was amended to add designated state officials for a related special plate request tied to security and parking around the Supreme Court in New Orleans, and it was reported with amendments. Finally, House Resolution 243, as amended, urged safety warning signage on the Tickfaw River after a fatal boating accident; the amendment shifted responsibility from DOTD to surrounding parish governing authorities, and the resolution was reported with amendments before the committee adjourned.

Transcript Highlights:

• But because of those security issues, we can only bring. does an amazing job bringing the security with
• Maximum security, but also on our non-maximum security, there is a search process for ingress and egress
• So for them to work security jobs, they would have to have a private security license. Okay.
• jobs, just pure security.
• And even going back to 1702 with the private securities, a lot of these private security companies are

Keywords: 1185, senate, all

Transcript Highlights:

• We have defense and security contractors.
• That you're putting forth in this bill for security.
• But what kind of security regulations will they have to?
• all of the sensitive data, Social Security numbers, all of that fun stuff in a secure manner?
• Does DPS have a way to securely handle all of this data?

Bills: SB48, HB250, SB17

Keywords: State Fairgrounds District, fairgrounds bonds, public financing, bond authorization, gross receipts tax, gaming tax, tax-backed bonds, infrastructure funding, Albuquerque fairgrounds, State Fair Tid, economic development, municipal bonds, revenue pledge, capital projects, New Mexico finance, technology, innovation, advisory board, entrepreneurial support, stakeholder representation

Transcript Highlights:

• That would be this security agency, Senator Berman.
• guys but on the stand would not use and security guards and guardians simultaneously.
• You know, I have a preference after for garden use over the security guys.
• So we're focusing the security measures.
• Let's take up Tab. 8 SB 1472 on public records, school security guards by Senator Burgess.

Keywords: 999, senate, all

Transcript Highlights:

• four digits of the social security number, and it does...
• sharing of the complete social security sharing of the complete social security number<00:16:25.160
• I had number some security concerns.
• four digits of the social security four digits of the social security number<00:16:35.560> and
• specifically around the social security specifically around the social security component.<00:19

Keywords: Call to Order and Roll Call: 0:00 Bills for Consideration: 26RS HB 94 – 2:40 26RS HB 307 – 15:00 Adjournment: 20:15, 958, all

Summary: The House Standing Committee on Postsecondary Education met with a quorum, welcomed new member Representative Beverly Chester-Burton, and recognized interns in attendance. The committee then took up House Bill 94, which would require the Council on Postsecondary Education to host an online transfer portal for students, require annual university updates to transfer data, and convene academic officers to study and report on streamlining high-demand pathways such as teaching and nursing. Representative Vanessa Grossl said the bill was revised in response to prior concerns and emphasized that the goal was to improve transparency, reduce time to degree, and lower student debt. Travis Powell of CPE supported the measure, saying the portal and study would improve transparency and help identify barriers to transfer. The committee adopted the committee substitute for House Bill 94 and then passed the bill out favorably by roll call vote, sending it to the House floor. The committee also reconsidered House Bill 307, dealing with proactive postsecondary admissions, after earlier discussion and additional meetings. Chair James Tipton explained that the new substitute made several changes, including addressing a FERPA concern by having KDE share student information directly with universities, limiting social security number use to the last four digits plus date of birth, and adding provisions for KIA to include a link or QR code to the common online application in KEYS scholarship notifications. Members adopted House Committee Substitute 3 for House Bill 307, with Representative Stalker noting support for the social security number change. The committee then passed House Bill 307 as amended with a favorable recommendation to the House floor. No other substantive actions were taken.

Transcript Highlights:

• First of all, security and accessibility.
• Convenience should not come at the expense of security.
• secure. So with that, Mr. secure. So with that, Mr.
• The record that you did vote is a matter of public record, but how you voted is completely secure.
• >> still had to give the social security >> still had to give the social security number

Keywords: Discussion of HR 7 00:05:00, 958, all

Summary: The committee met, established a quorum, and opened with the pledge and prayer. Members then made several brief introductions of interns and guests from the University of Kentucky and the University of Louisville. The chair also reminded members about microphone use, cell phones, and the 24-hour rule for committee amendments and substitutes. The sole substantive item was House Resolution 7, sponsored by Representative Hodgson, which set out guiding principles for Kentucky elections. Hodgson described principles including fair and secure elections, accessibility balanced with security, citizen-only voting, stability and uniformity in election procedures, prompt and accurate results, transparency, accountability, and preservation of state control over elections. Members generally supported the resolution; Representative Marzian asked whether Kentucky already follows these principles and raised the issue of low poll-worker pay, while Representative Hancock asked about protecting voter registration data and privacy. Hodgson responded that transparency applies to the process, not personal information, and that Kentucky protects ballot secrecy and voter data. Representative Chester Burton also asked about election security, and Hodgson said Kentucky’s system relies on bipartisan poll workers and mutual oversight at polling places. Representative Marzian asked whether Social Security numbers are still required for voter registration, and members indicated they are, with a follow-up promised to the committee. The committee then voted 15-0 to pass the resolution with favorable expression. Before adjournment, Hodgson encouraged additional co-sponsors, and the chair noted the committee would likely meet again the following Thursday.

Transcript Highlights:

• It requires that the material focus on information and resources regarding secure storage, written in
• Finally, AB 1943 requires the Department of Education to include secure firearm storage notifications
• Schools can be a key factor in the solution of spreading life-saving information about secure firearm
• And it will encourage schools to provide secure firearm storage information in key moments, like when
• For this reason, the way we communicate about secure storage matters.

Summary: The Assembly Education Committee met without a quorum at first and began as a subcommittee, with the chair outlining hearing procedures and several bills on consent. The committee heard and advanced AB 1581, which would improve collection of tribal affiliation data for California students so Native students are more accurately counted and better served; supporters said current systems undercount Native students and erase their needs. AB 1586 also passed, requiring school resource officers who volunteer to carry naloxone to receive opioid overdose response training every two years; supporters emphasized student safety and the need for rapid response to overdoses on campus, while one school employees’ group raised concerns about retaliation protections for non-volunteers. Both bills were moved do pass as amended to Appropriations, with roll calls held open for absent votes. The committee then approved AB 1943, which updates school notices about secure firearm storage by making the information clearer, more visible, and more likely to reach families at key moments such as counseling or discipline interventions. Supporters from gun violence prevention groups, educators, and parents argued that many school shooters obtain guns from home and that plain-language, digital, and timely notices could help prevent child deaths and suicides; the author shared a personal story about a child accessing a gun at home. AB 1792 also advanced, directing the Instructional Quality Commission to consider updating health education to address digital safety issues such as deepfakes, extortion, grooming, and AI-generated exploitation; supporters said students need instruction that reflects modern online risks, while an opponent objected to language referencing LGBTQIA+ and gender-diverse students. AB 1653 passed as well, adding heat-illness guidance to the health framework after a young Girl Scout described students suffering during extreme heat and not recognizing symptoms. Later, the committee approved AB 1861, which would require the California Department of Education to create a public database of special education investigation reports with personal information redacted; supporters said families need better access to complaint outcomes and accountability, while an opposition witness warned of unintended consequences, misuse of incomplete information, and added burdens on districts. AB 1721 also moved forward, creating a stakeholder work group to review and streamline school safety plan requirements so plans remain practical and focused on emergency preparedness. AB 1631, which would make kindergarten mandatory, received mixed testimony: supporters argued it would help close achievement gaps and improve readiness, while opponents framed it as an intrusion on parental choice; the bill was held on call after a split vote. Finally, AB 1809, extending job order contracting authority for school and community college districts, was also held on call after opposition from contractors who argued project labor agreement requirements raise costs and reduce competition. The committee then began hearing AB 1659, aimed at improving transitions for court school students back to their home districts, with testimony describing re-enrollment barriers and the need for a designated district contact.

Transcript Highlights:

• Certainly security was part of that, making sure that the security required... to cloud assessment back
• Certainly security was part of that, making sure that the security required Certainly, security was part
• The security around this, are we using CrowdStrike?
• We have offerings for digital service to help secure systems and infrastructure.
• Do you have your own secure private network? How is it that that happens? Sorry. Mr.

Summary: The subcommittee first heard a panel on state cloud modernization efforts after canceling an LBR on the Department of Corrections’ OBIS project because the presentation materials were not submitted on time. Florida Digital Service, the Northwest Regional Data Center, and several agencies described how the state is assessing and migrating applications to cloud environments under the cloud-first policy. Northwest explained its 2023 cloud readiness assessment of 890 applications from 24 agencies, the criteria used to rate readiness and risk, and its recommendation to tackle lower-risk applications first. Agency updates covered the Department of Corrections’ modernization of 98 legacy applications tied to OBIS and cloud-native infrastructure, the Department of Elder Affairs’ Microsoft Power Platform modernization, the Department of Health’s health management and child protection systems, and FDOT’s large cloud program for transportation systems. Members repeatedly asked about costs, data ownership, disaster recovery, single sign-on, security tools, and whether cloud migration actually saves money; presenters generally said the focus is more on modernization, resilience, and efficiency than immediate savings, and that cost analyses are often application-specific rather than enterprise-wide. The discussion also covered governance and architecture questions. Florida Digital Service said agencies remain responsible for their own databases and cloud tenants, while FLDS provides advice and an enterprise architecture framework; it does not have statutory oversight over most projects, except for OBIS project oversight due to its size. Northwest said it is acting as a cloud broker for some agencies and is consolidating Azure and AWS payer tenants to seek better pricing, but agencies still make system-by-system decisions based on business needs, risk, latency, and total cost of ownership. Members raised concerns about fragmented data structures, the lack of a complete statewide application inventory, and the need for better interoperability and enterprise standards. Several agencies said disaster recovery is built into their cloud plans, and FDOT and Corrections described ongoing efforts to keep systems current through core platforms, training, and ongoing support. In the second half of the meeting, the Department of State presented two new technology requests. Secretary Byrd described the SunBiz corporate registry system as a 34-year-old platform supporting more than 3.5 million business entities and generating over $575 million in annual general revenue. He said the department had already virtualized the legacy hardware after earlier modernization efforts failed and is now seeking $800,000 recurring for password protection and $5 million nonrecurring to continue procurement for a replacement system. The department also presented the Florida Voter Registration System modernization request, noting that the current system is outdated and requires manual workarounds for some statutory changes. The department requested $2.4948 million nonrecurring and $44,000 recurring to procure a modernized FVRS solution, and staff said the feasibility study recommended a hybrid approach. Members asked about the study’s findings and about creating a database for voter eligibility information for returning citizens; the department said that would require data sharing with all 67 clerks of court and other entities such as DOC.

Transcript Highlights:

• The public record aspect of the bill poses significant privacy and data security risks.
• However, both protect data security, requiring that information be housed in a private, secure database
• However, both of them protect data security, requiring that information be housed in a private, secure
• amending TG-501 to strike the public record aspect of the bill and insert data privacy and security
• guardrails to ensure that the DOI reports are housed in a secure database accessible only to government

Keywords: 995, all

Summary: The committee met to hear testimony on House Bill 501, an economic development-related bill concerning beneficial ownership disclosure for domestic and foreign LLCs operating in the Commonwealth. Chair Fiola noted the hearing’s delayed start, introduced members present, and limited testimony to four minutes. The main witness, Alan Stekora of the National Public Records Research Association, testified in opposition to the bill’s public-record provisions, arguing that making beneficial owners’ personal information public would create privacy, identity theft, and cybersecurity risks. He said similar federal and state transparency laws keep such information in secure, nonpublic databases and urged amendments to remove public disclosure and clarify ambiguous terms and reporting requirements. A second witness, Pia Angelicus, attempted to testify remotely but had connection problems and was asked to submit written testimony instead. No other witnesses came forward. After confirming there was no further testimony, the committee adjourned without taking any vote or other action on the bill.

Transcript Highlights:

• For instance, the Social Security Administration OIG estimated over $7 billion in supplemental security
• Social Security fraud recently, we know that Social Security has been a remarkably effective program
• trillions of dollars of checks consistently, securely, and on time.
• So yeah, the international security data is a little bit different.
• The fact of the matter is, this is more secure than any HIPAA database out there.

Keywords: artificial intelligence, waste reduction, fraud prevention, government efficiency, improper payments, data reliability, oversight

Summary: The meeting was chaired by Chairman Schweikert and involved a comprehensive discussion on how to utilize artificial intelligence (AI) for reducing waste, fraud, and improper payments within federal programs. Key witnesses, including Mr. Andrew Canarsa from the Council of the Inspectors General, provided insights on the potential of AI in enhancing government efficiency. The committee emphasized the importance of reliable data and thorough examination of AI application to avoid unintended consequences while addressing the estimated $162 billion in improper payments reported by the federal government. Concerns were raised regarding the recent firing of inspectors general and the impacts that could have on oversight and accountability processes.

Transcript Highlights:

• Troopers and house security ties.
• This capital complex security upgrades.
• . security. security.
• Summer security events pushed this request to be number one for us.
• Examples of improvements are security kiosks, additional security cameras, enhanced lighting and parking

Keywords: 1183, house

Transcript Highlights:

• To implement security technology to protect their assets and ensure employee safety, the monitored security
• The security technology has secured businesses here in New Mexico since 1998.
• These may be permitted like any other security alarm system.
• It's green security technology, completely off the grid.
• And prevention security solutions.

Transcript Highlights:

• While most security division employees are fantastic, some FBI leaders still remain within the security
• See how removing a security clearance is a tool to retaliate and rule.
• They're security clearance back. President Trump, I hope you hear that.
• And we're about to head to the Munich Security Conference where we are seeing Mr.
• Around the world, our security depends on trust and reliability, and the national security role of the

Bills: SB331

Keywords: fentanyl, controlled substances, drug trafficking, public health, research regulations, law enforcement, Kash Patel, FBI director nomination, S331, Fentanyl Act, committee meeting, legislative discussion

Summary: In this committee meeting, the primary focus was on the nomination of Kash Patel for the position of director of the FBI, which had sparked considerable debate over the past week. Members discussed the extensive vetting process Patel underwent, including a lengthy hearing where he addressed numerous questions, which emphasized his qualifications and the support he received from various law enforcement organizations. The meeting included significant arguments from both sides, reflecting the polarized nature of the nomination, especially regarding the allegations made against Patel by some committee members. As discussions continued, the committee decided to hold off on the Fentanyl Act, listed as S331, until the next meeting, indicating a prioritization of the nomination vote over new legislative measures at this time.

Transcript Highlights:

• you know, safe and secure. you know, safe and secure.
• <00:30:54.880> security?
• issue a secure security? issue a secure security?
• So, um, we issue uh a security. Um the security itself um is um uh a share of a treasury fund.
• <01:40:32.840> And security checks. So, it's software. And security checks.

Keywords: 1189, house, all

Summary: The meeting opened with roll call, confirmation of a quorum, and approval of the April 6 and May 4 minutes, with minor corrections noted to the May minutes. The main presentation came from JD of Link Network, introduced by Dan Cohen, who described Link’s work with crypto.com and other market participants on tokenized money market funds and real-time settlement for institutional clients. JD gave a detailed history of his earlier work developing the Arca U.S. Treasury Fund and ArCoin, emphasizing that the project was built within existing SEC and 1940 Act frameworks and was intended to use blockchain technology for a traditional asset rather than create a crypto product. He said the effort involved years of discussions with the SEC, multiple custodians, and partners such as U.S. Bank, T-Zero Securities, and Tassat, and that the model eventually led to Link’s settlement system. He highlighted concerns that shaped the design, including regulatory compliance, privacy for institutional users, and the need to bridge traditional banking hours with 24/7 digital asset markets. The presentation also described Link’s features, including segregated and bankruptcy-remote fund structures, tokenized deposit and treasury fund settlement, and “yield in transit,” which allows interest to accrue and be distributed daily down to a two-second block. JD said the platform is being expanded for use cases such as exchange liquidity, cross-border capital movement, off-exchange collateral, stablecoin bridging, treasury management, and peer-to-peer settlement. He closed by posing policy questions for the commission about the use cases for stablecoins versus tokenized money market funds in New Hampshire and whether the state could issue or administer a security-based program with appropriate compliance controls.