Video & Transcript Research : 'finance'
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WV
West Virginia 2026 Regular Session
Senate in Session Mar 11th, 2026 at 11:25 am
West Virginia Senate Floor Meeting
Transcript Highlights:
- Your Committee on Finance has had under consideration Engrossed Committee Substitute for House Bill 4007
- Your Committee on Finance has had under consideration Engrossed Committee Substitute for House Bill 2010
- Your Committee on Finance has had under consideration Engrossed House Joint Resolution 42, Homestead
- Senate concurrent, Resolution 8 by Senator Fuller requesting Joint Committee on Government and Finance
- Finance will meet at 3:15 in 451M, and the Committee on Judiciary will meet at 3:15 in 208 West.
Summary:
The Senate convened with prayer and the Pledge of Allegiance, approved the journal, and spent much of the day recognizing pages, guests, school groups, and civic organizations visiting the chamber. Several communications from the House and committee reports were received, and a petition on support for new electric transmission lines was referred to the Committee on Energy, Industry, and Mining. Senate Resolution 61, urging the U.S. Supreme Court to reverse Obergefell, was referred to the Committee on Rules, while other resolutions and bills were held over or referred as required.
The chamber then acted on a large number of measures, including concurrence in House amendments to Senate Bill 137 on parole eligibility for second-degree murder and voluntary manslaughter, and a conference committee was appointed on House Bill 4026 regarding integrated resource plans. Numerous House bills were advanced or passed after committee reports, covering topics such as industrial access roads, local airport hangar financing, college campus safety, youth and handicapped hunting, missing persons records, driver’s licenses, adjudicatory alternative dispositions, chronic absenteeism, party-switching deadlines for candidates, teacher/school personnel/state police pay raises, election official trainees, political committee filing notices, security personnel for the State Treasurer, post-secondary financial aid, legal practice rules, overseas voting, public officials’ residential information, homestead exemption, military juvenile jurisdiction, military interpersonal violence, kinship care subsidies, statewide prevention planning, contraband smuggling into federal prisons, forestry equipment taxation, microgrid and data center certification, transcript acceptance for students, emeritus medical licenses, higher education rule authorizations, board and commission reforms, managed care organization taxes, and deputy sheriff vacation carryover. Most of these measures passed with little or no opposition, and several received title amendments.
The Senate also passed a series of supplemental appropriations, many with immediate-effect motions adopted by the required two-thirds vote. These included funding for the Department of Commerce, Workforce West Virginia, Homeland Security divisions, Health Facilities, Administration, Human Services, the Governor’s Civil Contingent Fund, the Department of Agriculture, and the Bureau of Senior Services. Votes were overwhelmingly in favor, with only a few measures drawing one or more dissenting votes. One bill on tourism appropriations was referred to the Committee on Rules, and several second-reading bills were advanced, including measures on the West Virginia Collaboratory, business-ready sites, volunteer fire companies, religious organization eminent domain restrictions, electric load forecasting, and funeral service licensure.
KY
Kentucky 2026 Regular Session
House Standing Committee on State Government (2-19-26)
State Government
Transcript Highlights:
- I've asked that question of Finance Administration.
- finance administration. finance administration.
- Transportation said, "Well, it's got to go through finance."
- Finance says, "Well, it needs to go through transportation."
- <00:16:06.720>
Finance got to go through finance." Finance got to go through finance."
Keywords:
Consideration of HB 220 00:02:49
Consideration of HB 467 00:09:50
Consideration of HB 516 00:19:50
Consideration of HB 589 00:27:16, 958, all
Summary:
The House State Government Committee met with a quorum and considered four bills. House Bill 220, sponsored by Rep. John Blandon, addressed pension spiking for Kentucky Public Pension Authority systems by extending the effective date back to July 1, 2022. Blandon explained it was intended to correct a gap left by last year’s legislation affecting retirees who received across-the-board raises during the court period. A retired Kentucky State Police captain testified in favor but asked that the retroactive date be moved back to 2021. Members asked about fiscal impact, and Blandon said the bill would have only a very small percentage impact on CERS. The committee approved HB 220 unanimously, 17-0, with favorable expression.
House Bill 467, sponsored by Rep. DJ Johnson, dealt with the disposal of surplus or underutilized state-owned real property. A committee substitute was adopted first. Johnson said the bill would let local governments and private citizens identify abandoned or dormant state property earlier in the process, while preserving existing fair-market-value disposal procedures. Committee members clarified that the bill concerns real property, not personal property, and asked about pricing and the current disposition process. Johnson and others explained that the bill would not change fair-market-value requirements but would move local involvement to the front end. The committee approved HB 467 as amended by the substitute, 17-0.
House Bill 516, sponsored by Rep. Chris Lewis, would allow probationary police officers and firefighters in certain retirement systems to purchase service credit for up to 12 months of probationary employment and would extend line-of-duty death and disability coverage to probationary employees. Lewis said the bill was developed with the FOP, Professional Firefighters, and input from the Kentucky League of Cities, and that any retirement cost would be offset because both employee and employer contributions would be paid. Committee members confirmed the bill had been heard in PPOB and discussed the cost structure and the six-month window for purchasing service credit. The committee passed HB 516 favorably, 18-0.
House Bill 589, sponsored by Rep. Stephanie Deetsz, created a framework for cities and chapter 75 fire districts to rehire retired firefighters under strict conditions, similar to existing rules for retired police officers. A committee substitute was adopted that required minimum employer retirement contributions, required a CPAT retest after a one-year separation, and expanded eligibility to chapter 75 fire districts. Deetsz said the bill was aimed at staffing shortages and preserving experienced personnel while protecting the retirement system. A city official and a Kentucky League of Cities representative testified in support, describing labor shortages and the value of bringing back experienced firefighters to mentor younger staff. The committee approved HB 589 as amended by the substitute, 18-0, and then adjourned.
NM
Transcript Highlights:
- Chair, was today in Senate Finance...
- Appropriations and Finance Committee Substitute for House Bill 493, an act relating to public finance
- House Appropriations and Finance Committee Substitute for House Bill 493. 493.
- That's House Appropriations and Finance Committee Substitute for House Bill 493.
- floor at 11, so we'll figure out what we're going to do tomorrow on Senate Finance.
MN
Transcript Highlights:
- <00:53:24.520>
public governments to help them Finance public governments to help them Finance - in the case of issuer a when finance in the case of issuer a when they<00:59:36.760>
were <00: - Tax-exempt bonds have helped finance projects at low borrowing costs for decades.
- <01:15:48.880>
that impact would be on uh the financing that impact would be on uh the financing - <01:23:30.000>
for well as least purchase financings for well as least purchase financings
NH
Transcript Highlights:
- The finance committee.
- Um I I'm good with one in finance.
- During my nine terms on finance, I've During my nine terms on finance, I've supported<03:39:39.600>
made by the governor and the finance made by the governor and the finance committee.<03:40:43.359 - The finance these.
MN
Minnesota 2025-2026 Regular Session
Local government zoning authority 3/23/26
Minnesota House Floor Meeting
Transcript Highlights:
- In addition, we utilize tax increment financing and tax abatement as development tools.
- In addition, we utilize tax increment financing and tax abatement as development tools.
- In addition, we utilize tax increment financing and tax abatement as development tools.
- In addition, we utilize tax increment financing and tax abatement as development tools.
- financing range. financing range.
NH
Transcript Highlights:
- So that's up to the chairman of Finance to waive or accept. Right.
- <00:06:16.200>
then, Would this have to go to Finance then, Would this have to go to Finance - Finance to waive or accept. Finance to waive or accept. Right.<00:06:24.120>
And Right. - I<00:06:43.480>
think <00:06:43.640>both <00:06:43.880>Finance I think both Finance - I think both Finance Mhm.
KY
Kentucky 2026 Regular Session
Senate Standing Committee on Appropriation and Revenue. (3-18-26)
Transcript Highlights:
- postsecondary performance fund, the Department of Revenue, Secretary of State, Registry of Election Finance
- <00:12:07.720>
We tax incentive financing program. We tax incentive financing program. - In the Finance and Administration Cabinet, we reduce the general fund as the cost continues to dwindle
- In the Finance and Administration In the Finance and Administration Cabinet, Cabinet, Cabinet, we
- Cabinet to effectuate a 2 and Finance Cabinet to effectuate a 2 and 1/2%<00:18:29.360>
reduction<
Keywords:
Meeting Start 00:00:00
Roll Call 00:00:23
HB 503 Discussion 00:01:00
HB 503 Vote 00:02:17
HB 504 Discussion 00:02:53
HB 504 Vote 00:04:48
HB 500 Discussion 00:05:19
HB 500 Vote 00:29:18
HB 900 Discussion 00:32:02
HB 900 Vote 00:33:00, 958, all
Summary:
The Kentucky Senate Appropriations and Revenue Committee met with a quorum and first took up House Bill 503, the legislative branch budget, adopting a committee substitute and reporting it favorably. The chair said the Senate version fully funds defined calculations, provides 2% raises in each fiscal year for legislative employees, removes a paragraph on operating expense reductions, and includes $1 million in the first year for a judicial branch salary study. House Bill 504, the judicial branch budget, was then amended and reported favorably; changes included 2% annual raises for judicial employees, revised operating expense language, $1 million each year for county current services, retention of Boyle County fit-up language, reporting requirements for smaller capital projects, full funding for nine judges added in 2022, and removal of furlough prohibitions and certain budget implementation language. Both bills passed the committee unanimously with favorable expressions to the floor.
The committee then considered House Bill 500, the executive branch budget, adopting a committee substitute before hearing a lengthy summary of major spending and policy changes. The chair described statewide 2% annual employee raises, agency base reductions with many exemptions, increased school safety and 911 funding, veterans and military funding, local government and severance-related changes, attorney general and auditor funding, pension and retirement system support, education funding changes including SEEK, postsecondary and scholarship provisions, public safety and corrections funding, and multiple capital projects. The chair also highlighted Medicaid-related provisions, including added waiver slots, increased state-directed payments, a 2.5% reduction in managed care vendor payments for plan years 2027 and 2028 with savings redirected to fee-for-service rates, and additional funding for behavioral health and public health programs. The bill was reported favorably after members explained their votes, with several noting they had only recently received the full 228-page bill and wanted more time for detailed review.
Finally, the committee adopted a committee substitute for House Bill 900, an appropriation measure for government agencies, and reported it favorably. The chair said the bill remains a work in progress and that one-time funding requests from across the Commonwealth and across party lines would continue to be addressed as the process moves forward. All measures considered during the meeting passed the committee with unanimous or near-unanimous favorable votes, and the meeting adjourned after no further business.
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Feb 17th, 2026 at 08:07 am
House Appropriations & Finance
Transcript Highlights:
- We're here to offer full support of the Senate Finance Committee's substitute for Senate Bill 152.
- It will be a do pass on Senate Finance Committee substitute for Senate Bill 152.
- Prioritized by tenant finance to continue to phase in that project up in Taos. Thank you, Mr.
- I really appreciate that and definitely appreciate the Finance Committee making that happen.
- Chair, Director, Finance Director, Chief of Staff, thank you very much.
Keywords:
general appropriation, budget, Medicaid, education funding, public safety, telecommunications, low-income assistance, lifeline, broadband, rural broadband, universal service fund, public regulation commission, PRC, 911 surcharge, telecommunications relay service, VoIP, mobile service, internet affordability, digital equity, digital inclusion
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Apr 22nd, 2025
Transcript Highlights:
- All right, then we'll go to the Department of Finance. Jesse Romine, Department of Finance.
- Jesse Romine, Department of Finance. No further comment at this time. All right, and our LAO.
- We'll go ahead and go to our Department of Finance, our LAO.
- Department of Finance, any? Noel Fakadji, Department of Finance, nothing to add at this time.
- All right, I'll have some questions, but let me hear from the Department of Finance.
KY
Kentucky 2026 Regular Session
Education Assessment & Accountability Review Subcommittee. (7-1-26)
Transcript Highlights:
- We are working with the Finance We are working with the Finance Administration<00:04:16.959>
- <00:04:33.320>
The Finance Administration Cabinet. The Finance Administration Cabinet. - thank the Finance Administration thank the Finance Administration Cabinet.<00:04:45.400>
They - Again, in talking with the Finance Administration Cabinet, it will take July and August for the Finance
- through the Finance that's through the Finance Administration<00:08:53.360>
Cabinet.
Keywords:
0:00:03 - Call to Order and Roll Call
0:00:43 - Approval of October 14, 2025 and November 4, 2025 Minutes
0:01:15 - Acceptance of Office of Education Accountability Report: Analysis Of Student Discipline Data in Kentucky Schools
0:02:10 - Implementation Update on 26 RS HB 257
0:49:38 - Career and Technical Education in the Assessment and Accountability System
1:13:50 - Office of Education Accountability Annual Report
1:47:27 – Adjournment, 958, all
Summary:
The Education Assessment & Accountability Review Subcommittee approved the minutes from its October 14 and November 4 meetings and also approved the Office of Education Accountability report analyzing student discipline data in Kentucky schools. The main presentation came from KDE Commissioner Dr. Robby Fletcher on implementation of House Bill 257, which he said has two major parts: selection of a statewide college entrance exam through a new procurement process, and development of locally designed indicators of quality for accountability.
On the college exam, Fletcher explained that the state had to reopen procurement after Senate Bill 197, with the RFP released May 21, vendor questions handled through the Finance and Administration Cabinet, proposals due June 22, and scoring and review expected in July and August, with a vendor decision not likely until October. He emphasized that the exam is a norm-referenced college-readiness measure, not a test of Kentucky academic standards, which are assessed by the KSA. Members asked about the science requirement in statute, the possibility of multiple vendors or district choice, and whether the CLT could participate; Fletcher said vendors must address science in the RFP, multiple vendors could be possible, and any vendor could submit a proposal if it meets the rubric. He also noted that ACT and SAT differ in structure, that either can meet college-readiness benchmarks, and that there were no major complaints about the SAT during its first year of use.
The second major topic was the locally developed indicators of quality under House Bill 257. Fletcher said these are intended to let districts measure themselves against their own goals rather than compare districts statewide, while still aligning with Kentucky standards. He described examples such as achievement, growth, student well-being, safety, fiscal responsibility, civics, internships, apprenticeships, project-based learning, and defenses of learning. He said districts may use local assessments such as MAP, STAR, and I-Ready alongside state data, and that local models should be developed with families, community members, and workforce partners. He added that KDE is providing technical assistance, has applied for a federal CGSA grant, and will use a one-time $15,000 cost offset for districts implementing local accountability models, with a superintendent webcast planned for August.
US
US Federal 2025-2026 Regular Session
Business meeting to consider the nomination of Frank Bisignano, of New Jersey, to be Commissioner of Social Security Administration. Mar 31st, 2025 at 11:00 pm
Finance Committee
Transcript Highlights:
- The Finance Committee should not be holding this vote today.
- This nominee lied multiple times to every member of this committee, including the bipartisan finance
- He lied in meetings with bipartisan Finance Committee staff.
- I think it would be a dark day in the history of the Finance Committee if we surrender our ability to
- This whistleblower, who's got expertise in the field, who bravely provided the Finance Committee with
Keywords:
Frank Bisignano, Social Security Administration, Doge, nomination, committee, customer service, staffing issues, Senate
Summary:
The meeting of the Finance Committee primarily focused on the nomination of Frank Bisignano for Commissioner of the Social Security Administration. Members discussed the nominee's qualifications extensively, raising concerns about his past connections to Doge and the implications for Social Security. Several Senators expressed doubts about Bisignano's ability to improve the existing issues faced by the Social Security Administration, particularly related to staffing, customer service, and the potential for service cuts that could ultimately harm beneficiaries. The atmosphere was contentious, with divisive opinions visible among the committee members as they scrutinized Bisignano's past dealings and strategies.
TX
Texas 89th Regular
Senate SessionReading and Referral of Bills Feb 7th, 2025
Texas Senate Floor Meeting
Transcript Highlights:
- textbooks purchased, used, or consumed by university and college students from sales and use taxes to finance
- by Sparks relating to the additional compensation certain counties pay to judges and justices to finance
- relating to the use of unclaimed lottery prize money to benefit the Childcare Services program to finance
- or refund for diesel fuel taxes paid on diesel fuel used in this state by auxiliary power units to finance
- To a severance tax exemption for oil and gas produced from certain re-stimulation wells to finance Senate
MA
Massachusetts 2025-2026 Regular Session
Continuing Care Retirement Communities Jun 21st, 2026 at 10:00 am
Transcript Highlights:
- So there is... ...and underwriters do when they finance these places.
- Nothing has stopped their finances right now.
- Would the finances... ...stop their finances right now.
- The first is, I don't know that the agency that I lead is an expert in housing finance.
- In housing finance.
Summary:
The commission meeting focused on continuing care retirement communities (CCRCs), beginning with a presentation from Two Life Communities on its Opus Newton model, which is opening in the fall. Two Life described Opus as a middle-income, modern CCRC built around affordability, care coordination in residents’ apartments rather than separate care buildings, and resident-driven community life. Commissioners asked about financing, home care arrangements, affordability, Medicaid/MassHealth access, and the role of resident councils versus board representation. Two Life said it wants to remain within the CCRC framework, but expressed concern about proposals that would require multiple discrete care levels, impose deadlines on entrance-fee refunds, or require resident board seats.
The commission then discussed possible recommendations. There was broad support for Senate Bill 478, which would require clearer disclosure of entrance-fee refund terms in a separate document for prospective residents. On refund timing, members were divided: some favored a one-year deadline or a deadline with waivers, while others opposed a fixed deadline because of financing risks and the potential impact on new development and current residents. Several members suggested keeping the status quo but adding better data collection and reporting on refund timing. On the CCRC definition and marketing, members debated whether the current statutory definition is too vague and whether the commission should recommend clearer standards or a certification-like process, while also noting resource limits for state oversight.
Members also discussed the Age CCRC Consumer Guide, with general agreement that it should be updated and made more useful to consumers, possibly with clearer questions to ask and more information about facilities, though some cautioned against adding subjective financial-risk statements that would be hard to administer. On resident representation, several commissioners strongly supported requiring resident voting members on boards, while providers argued that strong resident associations and regular meetings with boards may be preferable and that communities should retain flexibility. The meeting ended with a request for written comments by July 11, draft recommendations to be circulated July 18, and a possible final meeting on July 21, with the commission aiming to finish by August 1.
CA
California 2025-2026 Regular Session
Senate Banking and Financial Institutions Committee Jun 17th, 2026
Banking and Financial Institutions
Transcript Highlights:
- To summarize why, I'm going to quote a newspaper story from the trade press of the financing companies
- that would be covered by this bill. ...quote a newspaper story from the trade press of the financing
- It's good for the economy, and it's good for financing companies that want to be on a level playing field
- Chair and members, Chris Rosa, on behalf of two commercial financing providers, Rapid Finance and Capitas
- Coalition, an organization of responsible providers of revenue-based financing to small and medium-sized
LA
Transcript Highlights:
- Today, May 27, 2026, we'll call a Finance meeting to order. Madam Chair, would you call the roll?
- I've been very flexible in trying to have another finance meeting to accommodate everybody.
- Okay, so it came to finance because it had a fiscal note.
- But for Senate Finance, you check that box when it’s $100,000 or greater for any means of finance.
- But for Senate Finance, you check that box when it’s $100,000 or greater for any means of finance.
Summary:
The Finance Committee met on May 27, 2026, with six members present and took up a series of House bills, most of them dealing with education funding, criminal justice staffing, transportation, health care access, and economic development. HB 325 was reported favorably after testimony that it would expand TOPS eligibility by allowing dual-enrollment credits to satisfy eligibility criteria and by making part-time students eligible for TOPS Tech, with supporters saying the program has been underused and the change would help working students. HB 719 was amended and reported favorably to increase assistant district attorney positions in various judicial districts; the Louisiana District Attorneys Association said the changes were based on workload data and local input, and members discussed the need to coordinate any expansion with public defender funding. The committee also reported HB 749 favorably, which would move Louisiana’s 529 savings accounts to a more secure online platform after a cyber incident, and HB 1028 favorably, which concerns transportation reimbursement for providers and was described as already subject to appropriation.
Several bills focused on food access and local economic development. HB 1222, the Grocery Initiative Act, was reported favorably to let LED use existing grant resources to map food deserts and develop a program, with members noting it could return for funding later if needed. HB 1194 was amended and reported favorably to define food deserts and direct the LSU AgCenter and the Department of Agriculture and Forestry to identify and map them, with authors emphasizing it was a study and not a government-run grocery program. HB 755, which would create IDIQ contracting for architects and engineers on smaller state projects, was reported favorably with no fiscal impact. HB 823, a local diversion pilot for Orleans Parish, was also reported favorably after the fiscal note was revised to remove state impact and reflect only local costs.
The committee spent substantial time on HB 488, a proposal from Plaquemines Parish to use severance-tax revenue to help buy out a private toll concession on the parish’s bridge. The author and local officials described severe toll burdens, economic harm to local businesses, and what they called an unfair contract, but members noted the bill was not funded and ultimately deferred it without a motion. HB 797, the Bayou Gold/Louisiana Sound Money Act, was amended to make implementation subject to appropriation and then reported favorably. The committee also took up HB 198, which would raise Medicaid reimbursement for ambulatory surgery centers for certain outpatient procedures; after extensive discussion about fiscal notes, access to care, and potential long-term savings, the bill was amended to narrow its scope and make implementation subject to appropriation, then reported favorably as amended. The meeting ended with the chair noting it would be the committee’s last meeting and asking members to spread the word.
NM
New Mexico 2026 Regular Session
House - Commerce and Economic Development Jan 30th, 2026 at 07:51 pm
House Commerce & Economic Development Committee
Transcript Highlights:
- So that puts this into being regulated by the Mortgage Finance Authority Housing New Mexico.
- And in terms of, ...regulated by the Mortgage Finance Authority Housing New Mexico, and in terms of the
- Madam Chair and Representative, so is the 85, how does Mortgage Finance Authority ensure that?
- And the Mortgage Finance Authority regulates that.
- I serve on the Mortgage Finance Authority interim committee, and we talk about these types of projects
KY
Kentucky 2026 Regular Session
House Budget Review Sub. on General Government (1-29-26)
Transcript Highlights:
- development board, a finance development board, a finance corporation.<00:05:00.960>
Um <00 - So our finance corporation, um, we have programs available.
- So our finance corporation, um, we have programs available.
- So our a finance that we could create.
- <00:14:38.480>
corporation We also have the act finance corporation We also have the act finance
Keywords:
Meeting Start 00:00:00
Attendance Roll Call 00:00:20
Approval of Minutes 00:00:41
Department of Agriculture 00:01:06, 958, all
Summary:
The House Budget Review Subcommittee on General Government met for its third meeting, approved the minutes, and heard a budget presentation from the Kentucky Department of Agriculture. Department representatives Brandon Reid, Lee Macintosh, and Mark Bolan outlined the agency’s funding mix and requested support for several priorities in House Bill 500, including continuation of existing items, county fair grants, and an additional $5 million for the new economic development fund. They also discussed a capital request to replace two aging scale trucks, noting the vehicles are from 2002 and 2006 and have become unreliable and expensive to repair.
The department emphasized several additional needs: funding to begin regulating and inspecting electric vehicle charging stations through the weights and measures division, retention and recruitment funding after losing 108 employees over three years, and a request to pay off tobacco-related debt service so more money can flow through the tobacco formula. They also cited House Bill 417, filed by Speaker Osborne, as supporting farmland preservation, saying the agency has a program ready but needs funding to implement it. Officials said the farm-to-food-banks and rural mental health items in the budget were acceptable as reduced by the tobacco formula.
Members asked questions about pump inspection fees and staffing losses. The department said the inspection fee is $100 per station, not per pump, and that the same fee applies even to larger stations. On retention and recruitment, officials said the cost of turnover is significant but they did not have a dollar estimate. No votes were taken beyond the motion to approve the minutes, and the meeting ended with a motion to adjourn.
MS
Mississippi 2026 Regular Session
Business and Financial Institutions - Room 210; 28 January, 2026: 2:00 PM
Business and Financial Institutions
Transcript Highlights:
- Uh, this is where the Mississippi Department of Bank and Consumer Finance is authorized to run joint
- Finance to explain it to us. Finance to explain it to us.
- We have 10 other consumer finance industries similar to money transmitters.
- :58.159>
to <00:20:58.320>money finance industries similar to money finance industries - of our other consumer finance of our other consumer finance industries.
Summary:
The committee took up several banking, real estate, and licensing bills. Senate Bill 20007 would remove the repeal date for Mississippi Department of Banking and Consumer Finance authority to conduct joint bank exams with the Federal Reserve, after testimony that the program has been successful; it was passed out on a do-pass motion. Senate Bill 2011, extending the repeal date for the Mississippi Debt Management Services Act by three years, was also passed out. Senate Bill 2383, a banking modernization bill, was explained as updating definitions and procedures, including treating ITMs like ATMs, allowing state banks to approve dividends without prior regulatory approval if in good standing, streamlining articles-of-incorporation amendments by making the banking commissioner the final approver, and eliminating parity-request requirements for certain public welfare investments; it was passed out as a committee substitute.
The committee then considered Senate Bill 2711, which would update residential mortgage lending recordkeeping and disclosure language under the SAFE Act to remove obsolete federal references and better fit manufactured-home lending; it was passed out as a committee substitute. Senate Bill 2706, a professional engineers and surveyors bill, was described as a reorganization and modernization of licensure statutes, with the main policy change expanding who may recommend board appointments, staggering six-year terms, and barring recent disciplinary offenders from board service; after questions about appointment advice-and-consent and term length, it was passed out as a committee substitute. Senate Bill 2713, supported by the Mississippi Association of Realtors, would codify buyer agency agreements and move the required signing deadline from before a home is shown to before an offer is submitted; it was passed out.
Senate Bill 2748 would align real estate statutes with current rules, replace certified-mail renewal notices with email notices, and extend the earnest-money submission deadline from one business day to two; it was passed out as a committee substitute. Senate Bill 2715, from the Department of Banking and Consumer Finance, would clarify the new money transmitter law, direct collected fees and penalties to enforcement of the act, add consumer notices and fraud warnings, and create data-security requirements based on a model law; senators questioned the fund balance, annual budget, and the relationship to a separate virtual currency kiosk bill, but the bill was passed out. The final bill on the agenda, 2768, was postponed to the committee’s Monday meeting, and the committee then rose and reported.
HI
Hawaii 2025 Regular Session
FIN Info Briefing - Thu Jan 16, 2025 @ 9:00 AM HST
Hawaii House Floor Meeting
Transcript Highlights:
- We have the Department of Budget and Finance. Welcome, Director.
- <00:12:27.440>
is Department of budget and finance is Department of budget and finance is - <00:23:22.120>
costs structures in terms of financing costs structures in terms of financing - as the development project financing as the development project financing which<01:30:22.520>
- as a way of financing projects.