Transcript Highlights:

• that potentially are going out. ...and teacher payments that potentially are going out.
• And when you'd say reference payments being made to the high school or the school districts beyond payments
• What are these kinds of situations where the higher ed institution is making additional payments to the
• For payments.
• We're simply just saying that if a student has reached six payments and then they move, let's say, into

Keywords: 908, all

Transcript Highlights:

• <00:53:29.680> We<00:53:29.920> also<00:53:30.160> can't receive payments.
• We also can't receive payments.
• Their end as well that they couldn't, in turn, ask for that payment.
• payment for that. Any discussions? payment for that. Any discussions?
• > for<01:29:51.199> family A payment rate methodology for family A payment rate methodology

Bills: HF2216, HF1978, HF2354, HF1963, HF1994, HF1995, HF1894

Keywords: assisted living, nursing home, long-term care, guardian, conservator, resident rights, arbitration, mandatory arbitration, consumer protection, fee increase, rate increase, price hike, private pay, public funds, Medicaid, waiver services, elderly, seniors, older adults, disability rights

Transcript Highlights:

• This bill aims to eliminate these surprise owed payments by creating a system based more on transparency
• back to the or or salary uh payments back to the employer<00:10:56.720> they<00:10:56.839>
• Payment of wages, inclusive of notification about deductions related to payment of wages and record keeping
• , being related to the payment of wages.
• as wage payments because that is what they would be given that...

Keywords: 1191, senate, all

Transcript Highlights:

• The lump sum payment this fiscal year is $611,136. John Posey: ...
• The returns that we have here are net of our payments.
• This is net of our annuity payments we pay monthly. These returns are.
• We get quarterly payments. So we just today received quarterly payments.
• We get quarterly payments. So we just today received quarterly payments.

Bills: SB1, SB 1

Keywords: appropriations, budget, state funding, education, healthcare, infrastructure, campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards, 1185, senate, all

Transcript Highlights:

• Medi-Cal General Fund solutions by one year to July 1, 2027, including elimination of prospective payment
• It also includes $3 billion in Prop. 2 funding for the CalPERS Supplemental Pension Payment in 2026-27
• plan on the timing of which they'll make those payments.
• I have one question about the plastics market development payment program.
• And my question regarding the plastics market development payment program, the payments drop down $5

Summary: The Assembly Budget Committee met to consider the final three-party agreement for the 2026-27 state budget and 19 implementing bills, including two budget bill juniors and 17 trailer bills. Committee leadership and administration officials described the budget as a balanced plan that reduces out-year structural deficits, maintains large reserves, and makes major investments in health care, education, housing, child care, public safety, and other core services while also responding to expected federal cuts and fiscal uncertainty. The Department of Finance outlined the package’s major components, including Medi-Cal adjustments, education funding increases, higher education changes, child care and human services updates, housing and homelessness funding, energy and transportation provisions, and tax and general government changes. Members asked questions about several provisions, including CSU enrollment targets and turnaround plans, the Prop. 98 settle-up mechanism, the plastics market development payment program, housing accountability measures, NextGen 9-1-1 implementation, and veteran services. Staff and administration witnesses explained that the higher education language is intended to improve campus-by-campus reporting and oversight, that Prop. 98 settle-up would be finalized later through the statutory certification process, and that NextGen 9-1-1 now includes one-time funding, quarterly reporting, an independent technical review, and a state audit. Members also discussed the HAP homelessness funding increase to $900 million and the balance between accountability and timely distribution of funds. The most extended exchange centered on comparisons between funding for veterans and Medi-Cal/immigrant health coverage. Republican members argued the budget spends far more on undocumented immigrant services than on veterans, while Democratic members and Finance staff responded that the comparison was misleading because many veterans’ services are federally funded and the state budget also includes dedicated veteran support. The chair and other members emphasized that the budget reflects difficult tradeoffs and that the package protects vulnerable populations, preserves health care access, and advances affordability. No final vote was described in the excerpt, but members indicated support for the overall package and said they would support it on the floor.

Transcript Highlights:

• This comprehensive coverage would be delivered with no premiums, deductibles, or co-payments.
• Without out-of-pocket payments, and administered by a public or quasi-public agency.
• Unfortunately, it was at the same time a therapy payment was due.
• I chose to make her therapy payment and put off my dental procedure. The decision cost me dearly.
• And I already had a monthly payment plan set up prior to this that I was paying over a two-year period

Keywords: 995, all

Summary: The Joint Committee on Health Care Financing held a public hearing on 16 bills, with the chairs noting a busy legislative day and asking speakers to keep testimony brief. The committee first heard testimony on Senate 860/House 1405, the Medicare for All bill, with Sen. Jamie Eldridge and many advocates, clinicians, municipal officials, and patients arguing that a single-payer system would make care a right, reduce administrative waste, lower costs, and protect residents from rising premiums, medical debt, and hospital closures. Several speakers cited the Steward hospital crisis, affordability problems, and polling or ballot questions showing public support for single-payer coverage. No vote was taken during the hearing. The committee then took testimony on S. 863, a bill on non-opioid options for chronic pain. Pain specialists, patients, and advocates said the bill would improve care coordination for MassHealth members, expand access to non-opioid medications, require provider education, and collect data on chronic pain. Testifiers described long delays in diagnosis and treatment, stigma toward pain patients, and the need for multidisciplinary care and transportation support. Again, the committee heard testimony only and took no action. A large portion of the hearing focused on H. 1360/S. 869, which would prevent discrimination against people with disabilities in health care. Disability advocates, clinicians, and patients described being denied or delayed care, pressured into DNR orders, or treated based on assumptions about quality of life rather than medical facts. Speakers referenced COVID-era crisis standards of care, discriminatory metrics, and personal stories involving canceled procedures, inadequate accommodations, and poor treatment in hospitals. Committee members thanked speakers for their testimony and said they would review the bill and its implications, but no vote was announced. The committee also heard testimony on H. 1399, an individual Medicare marketplace option for municipal retirees, where supporters said it would give cities and towns a lower-cost alternative for retiree health benefits through HRAs and individual Medicare plans. The hearing then returned to Medicare for All testimony, with additional supporters repeating arguments about cost, access, municipal budget pressure, and the need for global budgeting and universal coverage. The transcript ends with continued testimony and no recorded committee vote or final action on any bill.

Transcript Highlights:

• And HB 18 goes further with regard to labor and delivery payments.
• HB 18 goes further with regard to labor and delivery payments, with regard to Medicaid payments, in the
• The rural maternal add-on payment certainly moves the needle in the right direction.
• The rural maternal add-on payment certainly moves the needle in the right direction.
• It's not the intent of this to reduce the payments. Well, look, this is an interesting issue.

Bills: HB18, HB37, HB 116, HB388, HB879, HB913, HB 1151, HB2216, HB2358, HB2809, SB577, SB1590, SB1782, SB1887, SB2744

Keywords: rural health, hospital funding, healthcare access, mental health services, financial stability, perinatal bereavement, healthcare, hospital training, bereavement support, maternal care, fetal demise, stillbirth, neonatal death, parent-child relationship, involuntary termination, family law, child welfare, child protection, HB 388, HB388

Summary: The Senate Committee on Health and Human Services met with a quorum and took up several House and Senate bills, with public testimony limited to two minutes per witness. The committee first heard HB 2358, a cleanup bill requested by HHSC that would repeal outdated training and conference requirements for long-term care facility surveyors and certain providers; there were no witnesses, and the bill was left pending. The committee then heard HB 18, the rural hospital stabilization bill, which would create financial assessment tools, a rural hospital finance office at HHSC, an academy for rural hospital officers, multiple grant programs, enhanced Medicaid reimbursement tied to average cost, OB/GYN add-on payments, expanded pediatric telehealth connectivity, and a rural pediatric mental health program. Senator Perry and witnesses from TORCH, a rural hospital, AARP Texas, and ARCHI strongly supported the bill as a way to stabilize rural hospitals, improve OB access, and address workforce and financial pressures. Committee members discussed rural hospital closures, low-volume quality metrics, system affiliation, and the need for predictable monthly reimbursement; the bill was left pending after testimony and questions. The committee next heard HB 37, which would create a perinatal bereavement care initiative for families experiencing stillbirth, neonatal death, or intrauterine fetal demise, including counseling, staff training, and access to cooling devices, with possible grants and a recognition program for hospitals. Senator Huffman explained the bill, and several witnesses testified in support, sharing personal stories about infant loss and the importance of time with the baby, trained staff, and cuddle cots or similar devices. A neonatologist also supported the bill while suggesting clarification that hospitals should not be penalized if state funding is unavailable and recommending use of regional advisory councils to help implement training. Public testimony was then closed and the bill left pending. The committee also heard HB 879, which would create a streamlined licensing pathway for veterans with medical or nursing experience to practice in Texas, and HB 913, which would add new state hospitals to statute and split the North Texas State Hospital into two separate hospitals with their own superintendents; both bills had no opposition testimony and were left pending. Later, the committee heard SB 2744, a heart disease screening bill that would update the 2009 Texas Heart Attack Prevention Act to require insurance coverage for coronary CT angiography with plaque analysis, including soft plaque detection, as a preventive screening tool. The author and invited witnesses argued the technology is more effective than calcium scoring alone, can identify patients before symptoms appear, and could save lives at a cost comparable to or lower than colonoscopy. An insurance industry witness opposed the bill, arguing the technology has not been recommended by the U.S. Preventive Services Task Force for universal screening and that the mandated coverage and payment level would raise costs; the bill was left pending after testimony. Finally, the committee heard HB 1151, a parental rights bill clarifying that refusing psychotropic medication or psychiatric treatment is not neglect unless the child is harmed. Supporters, including parent advocates and attorneys, said the bill would protect parents from CPS overreach and preserve medical decision-making authority, while one witness urged broader attention to physical causes of behavioral issues. Public testimony was closed and HB 1151 was left pending.

Transcript Highlights:

• of comp time saved up from previous-year settlements with UPW, and some have elected, in lieu of payment
• to<00:12:21.800> in<00:12:22.000> lie<00:12:22.240> of<00:12:22.399> payment
• to in lie of payment to collect Comm<00:12:23.560> time<00:12:24.240> but<00:12:24.920
• states that uh shipping charges payment states that uh shipping charges payment for<00:34:57.760
• We'll be passing this measure with amendments, amending page 2, line 1 through 2, to clarify payment

Keywords: 910, house, all

Transcript Highlights:

• We also have risks of withholding of federal payments.
• The first round of changes on this slide are the changes to nursing facility payments.
• As you can nursing facility payments.
• the patientdriven payment model or PDPM. the patientdriven payment model or PDPM.
• of the nursing facility payment rates. of the nursing facility payment rates.

Bills: HF3379

Keywords: housing stabilization, disability services, predatory funding, provider requirements, housing accessibility, 1183, house

Transcript Highlights:

• SB 241 establishes statutory parameters around family eligibility, prioritization, payment practices,
• Another important aspect of this bill is that it establishes a co-payment structure and wait list if
• Representative Dow, I think we just took out including co payments in the rate setting.
• I think it's one of the amendments because the rate, the co payment is part of the rate, and so there
• was a request to take out including co payments in the rate.

Bills: SB132, SB241

Keywords: SB132, DOIT, Department of Information Technology, software replacement, equipment replacement, technology funding, revolving fund, capital equipment, enterprise services, state IT budgeting, software budgeting, amortization, depreciation, State Treasurer, Department of Finance and Administration, New Mexico, information technology, IT infrastructure, fund accounting, legislative appropriation

Transcript Highlights:

• Behested payment reporting is a vital transparency tool because it shines light on when elected officials
• Behesited payment reporting is a vital transparency tool because it shines light on when elected officials
• As you mentioned, the amendments will also ensure that behested payment reports are still required when
• So behested payment reporting rules provide important public disclosure of payments that have the potential
• important balance and will allow those public appeals to occur while preserving public reporting of payments

Summary: The Assembly Elections Committee met on July 16, 2025, and heard five measures focused on election administration, voter participation, judicial retention elections, charitable solicitation by officials, and local transportation tax initiatives. The chair noted the committee’s rules for limited witness testimony and accepted written testimony through the legislative portal. Several authors presented their bills in person or through a committee member due to scheduling conflicts. SB 3 by Senator Cervantes would tighten and clarify the ballot signature-cure process, including requiring standardized forms from election officials and adding a reminder on vote-by-mail envelopes about signature matching. Supporters said the bill would reduce rejected ballots and make the process more reliable; there was no opposition. The committee voted do pass as amended and re-refer to Appropriations. SB 316 by Senator Reyes, presented by Assembly Member Pellerin, would expand high school voter registration and pre-registration outreach to students, with testimony from students, education groups, disability advocates, and civic organizations in support. One member opposed on the grounds that it could be an unfunded mandate for schools. The bill passed 4-1. ACA 8 by Assembly Member Pellerin would change appellate and Supreme Court judicial retention elections so justices would appear on the ballot only if voters file a petition requesting it. Supporters, including the Secretary of State, the League of Women Voters, and the California Judges Association, said it would reduce ballot length, voter fatigue, and costs while preserving accountability. One member raised concern about the future petition threshold and the possibility it could be set too high, and voted no. The measure passed 4-2. SB 760 by Senator Allen would narrow behested payment reporting requirements for public appeals to charities, especially in disaster response, while preserving disclosure where officials, family members, or staff have conflicts of interest. Good-government groups supported the bill as a balance between transparency and encouraging charitable appeals; it passed unanimously on the recorded vote. SB 512 by Senator Perez would clarify that voters in transportation districts may use citizen initiatives to propose transportation sales taxes where the district already has taxing authority. Supporters argued it aligns Elections Code with Proposition 218 and recent case law, while opponents from business and real estate groups objected to the measure’s implications for tax approval rules. The committee approved the bill 5-2. After calling absent members, the committee cleared the calendar and adjourned.

Transcript Highlights:

• Total payments have grown from $13.6 million in 2010 to $232 million in 2022.
• bill that addresses a growing challenge in California's workers' compensation system: unauthorized payment
• As a result, providers have little to no recourse when their payments are unfairly reduced.
• AB 1048 addresses this problem by clarifying that payment disputes involving unauthorized or contract-based
• It is simply to clarify that disputed payment reductions can be reviewed through the existing IBR process

Summary: The Assembly Committee on Insurance met as a subcommittee and heard several bills related to workers’ compensation, insurance access, climate resilience, and farmworker protections. AB 815 would prevent social service workers who use personal vehicles to transport clients from being misclassified as commercial or for-hire drivers under personal auto policies; supporters said the current practice leads to unaffordable premiums and denied claims, while no opposition testified. AB 1329 would revise the Subsequent Injury Benefit Trust Fund to reduce litigation and medical-legal costs and lower employer assessments; insurers and business groups opposed unless amended, citing concerns about eligibility standards and the QME process, but the bill advanced after amendments were discussed. AB 1048 would allow disputed unauthorized payment reductions for medical providers to be reviewed through independent bill review; supporters framed it as a transparency measure, while opposition argued IBR is the wrong forum and existing contract dispute processes should control, though the bill also passed. AB 1236 would create a Department of Insurance grant program for climate and sustainability risk-reduction projects, with broad support from the department, environmental groups, and insurers, and it passed unanimously. The committee also heard AB 1336, the Farmworker Heat Illness Prevention Act, which would create a rebuttable presumption that a heat-related injury arose out of employment when an agricultural employer fails to comply with heat illness prevention standards. Supporters, including United Farm Workers, argued the bill would help protect farmworkers amid extreme heat and enforcement gaps; opponents from the workers’ compensation and agricultural sectors said the measure improperly uses the compensation system to enforce OSHA rules and could create unclear adjudication and delay issues. Members discussed Cal/OSHA enforcement limits, undocumented workers’ reluctance to report violations, and the relationship between the bill and existing workers’ compensation procedures. Despite opposition, AB 1336 passed on a divided vote. The committee also took up a consent calendar including AB 1125, AB 1293, and AB 1398, which were approved together. Roll calls were held open and later completed, and the bills that advanced were sent to the Committee on Appropriations. The meeting concluded with the committee adjourning after final votes were recorded.

Transcript Highlights:

• These are going to be refunds, overpayments, and lump-sum close payments dealing with them.
• I would support giving another option under statute, like a single lump sum payment.
• With an actuarial benefit, you've got to think about it: if you're overpaid, if your pension payment
• But the actuarial reduction figures in, and a lump sum payment would too.
• But the actuary reduction figures in, and a lump sum payment would too, no matter how you do it, you

Summary: The House opened with prayer, the Pledge of Allegiance, and approval of the House Journal for the prior day by a vote of 118-1. The rest of the session was dominated by points of personal privilege, including farewell remarks from several outgoing members. Those speeches focused on service, family, staff, veterans, law enforcement, integrity, and concerns about lobbyist influence, with members also thanking legislative assistants and recognizing guests and family members in the chamber. The chamber then took up several bills. Senate Bill 1019, dealing with hospital finance and investment authority, was amended to align workplace violence, telehealth, prior authorization, physician licensure, and Lyme disease language, then passed 110-31. Senate Bill 1572, a pensions bill affecting police retirement, MOSERS, EMPERS, and related board provisions, drew extended debate over how to handle retirement overpayments; amendments were adopted to address technical and policy issues, and the bill passed 129-14. Senate Substitute for Senate Bill 1196, concerning workforce diploma programs, Fast Track Workforce Incentive Grants, workforce Pell Grants, higher education funding, and university board residency rules, was amended and passed 115-20, but its emergency clause failed 2-132. The House also granted further conference on Senate Bill 1020. Committee reports were read on several other measures, including bills recommended to pass by Fiscal Review. Later, the House began considering Senate amendments to House Bill 2508, an LLC-related bill involving certificates of good standing, court dissolution of LLCs in limited circumstances, and a St. Louis County property-management affidavit process for repeated ordinance violations.

Transcript Highlights:

• Current mortgage lending products do not include utility payments.
• uh that the code could payments uh that the code could potentially<00:21:18.640> increase<00:
• 21:19.120> mortgage<00:21:19.600> payments potentially increase mortgage payments potentially
• increase mortgage payments by<00:21:20.960> uh<00:21:21.120> between<00:21:21.600>
• , we're talking about about down payments, we're talking about uh<00:31:19.200> property<00:31

Keywords: 1183, house

Summary: Representative Mecklin moved House File 3545 to the general register and offered a DE amendment that removed the commissioner’s authority to choose a more efficient standard and removed the requirement that the 2038 residential energy code achieve a 70% reduction in annual net energy consumption compared with the 2006 energy use index. The amendment was adopted, and the bill was then discussed as amended. Mecklin said the bill was intended to address home affordability, arguing that energy code requirements add to housing costs and make it harder for younger Minnesotans to buy homes. Several testifiers opposed the bill, including representatives from the Center for Energy and the Environment, AIA Minnesota, Sierra Club, Fresh Energy, Housing First Minnesota, and ARXUS. They argued that energy codes are not a primary driver of housing costs, that stronger codes do not slow housing production, and that more efficient homes lower utility bills and improve comfort, safety, resilience, and climate outcomes. Testifiers cited studies and examples showing payback over time, including estimates that efficiency upgrades could pay for themselves in five to nine years and save homeowners tens of thousands of dollars over 30 years. The Department of Labor and Industry said it had concerns about the bill because it would move away from a more energy-efficient standard and could create unintended consequences in the code adoption process, though it said the current technical advisory group process already considers cost concerns. Members questioned the cost and savings estimates, especially the comparison between higher upfront mortgage costs and lower utility bills. Fresh Energy explained that its figures were based on Pacific Northwest National Laboratory and Slipstream analyses using a typical Minnesota home and that the savings were modeled over time. Representative Johnson expressed skepticism about the assumptions behind the savings numbers and argued that utility costs are not the main barrier to homeownership. The chair said the committee intended to take a vote on the bill that day, but the transcript ends before any final vote or disposition is shown.

Transcript Highlights:

• It strengthens the child care assistance program by reforming the provider payment formula.
• It strengthens the child care assistance program by reforming the provider payment formula.
• It strengthens the child care assistance program by reforming the provider payment formula.
• It strengthens the child care assistance program by reforming the provider payment formula.
• If the state receive partial payment.

Keywords: Convene 00:00 Senate Message 04:26 Report of Committees 05:13 Orders of the Day/ HB 6 06:22 HB 480 14:13 HB 562 17:55 HB 136 25:53 HB 257 29:47 HB 490 35:54 Motions, Petitions, and Communications 40:30 Introduction of New Bills and Resolutions 52:44 Recess for ConC/Rules Meeting 53:49 ConC/Rules Report 57:12 Floor Amendments 58:49 Adjournment 58:59, 958, all

Summary: The House convened with prayer and the Pledge of Allegiance, established a quorum with 96 members present, excused absent members, and approved the journal from February 13, 2026. The Senate also transmitted Senate Bills 72 and 110 for concurrence. Committee reports advanced several bills, including measures on deputy coroner training, local jail booking procedures, local business tax collection, peace officers, Kentucky National Guard benefits, and first responder mental health. The chamber then considered House Bill 6 on child care. The sponsor described it as the product of extensive stakeholder collaboration aimed at improving affordability, quality, access, and data in child care, including changes to the low-income subsidy program, employee child care assistance, Kentucky All-Stars, micro-centers, and a military child care pilot program in House Committee Substitute 1. The substitute was adopted, and the bill passed 84-11 with one abstention after supportive remarks from members emphasizing workforce needs, family support, and military families. House Bill 480, relating to state contracts, was explained as requiring clearer contract terms for appropriated funds, partial payment protections, a 1% penalty for late payment, and semiannual reporting on whether cabinets are paying bills on time. A member noted a planned amendment to limit the bill to state-funded appropriations, but the bill passed 96-0. House Bill 562, relating to alternative high school diplomas, would create a Kentucky alternative diploma for certain students with disabilities and require the Education and Labor Cabinet to maintain employer information for graduates; members spoke in strong support of the bill’s workforce and dignity goals, and it passed 96-0. House Bill 136, relating to campaign finance, was amended to remove a $15,000 cap and allow campaign funds to pay for reasonable security costs for candidates; the sponsor cited rising threats to elected officials, and the bill passed 97-0. The transcript ends as the House moved on to House Bill 257.

Transcript Highlights:

• Um, I'd also encourage looking at dollars for down payment assistance as well.
• at dollars I'd also encourage uh looking at dollars for<00:15:46.959> down<00:15:47.199> payment
• for down payment assistance as well. for down payment assistance as well.
• of them, example 99,000 as opposed to a full-size house and how much farther you can get on a down payment
• of them, example 99,000 as opposed to a full-size house and how much farther you can get on a down payment

Keywords: 1183, house

Transcript Highlights:

• Student loan payments also leave less capacity for borrowers to cover other expenses that could be rent
• And then if a borrower becomes delinquent on their payments, their credit scores can be negatively impacted
• <00:01:28.600> um crucial work so student loan payments um crucial work so student loan payments
• their credit scores can be payments their credit scores can be negatively<00:01:41.280> impacted<
• <00:02:56.920> back do they can make those payments back do they can make those payments back

Keywords: 1187, senate, all

Transcript Highlights:

• They can't get automatic payments.
• They can't get automatic payments.
• They can't get automatic payments.
• and her car payments?
• her bill payments and her car payments? her bill payments and her car payments?

Keywords: 1189, house, all

Transcript Highlights:

• Lost wages are going to go to pay the mortgage payments that families are behind on or college tuition
• But theoretically, when does that payment come in? Well, it... Most cases settle.
• This bill says either co-payment.
• I think a mortgage payment is a fair representation.
• And you've got to calculate the pre-judgment interest on each one of those payments.

Bills: HB4806

Keywords: civil action, damages, health care services, noneconomic damages, negligence, legal standards, 1184, house, all

Transcript Highlights:

• Domestic payments can take two to three days. Cross-border payments can take weeks.
• . payment. payment. you<01:21:18.000> know,<01:21:18.239> kind<01:21:18.480> of,
• And the next line, the rent payments.
• So you can see the mortgage payments plus property expenses equals the same sum as rent payments plus
• So you can see the mortgage payments plus property expenses equals the same sum as rent payments plus

Keywords: 1189, house, all

Summary: The meeting began with roll call and approval of the prior meeting minutes, which passed unanimously. Members then introduced the day’s presentations, including one on the Canton network and another on tokenizing real-world assets, with a focus on how blockchain systems can support regulated financial institutions and asset tokenization. Julie, the director of policy and government affairs at Digital Asset, presented on the Canton network, describing it as a privacy-enabled public blockchain designed for regulated finance. She said tokenization should preserve the same legal and economic rights as the underlying asset, and argued that blockchain-based books and records can shorten settlement times, improve 24/7 trading, and reduce friction in capital markets. She identified three main barriers to institutional adoption of public blockchains: lack of privacy, limited throughput/scalability, and lack of control for compliance purposes such as freezing assets, pausing transactions, and meeting AML/sanctions obligations. She explained Canton’s structure as a public, permissionless network with application-level privacy controls, a global synchronizer, and super validators chosen by vote. She also highlighted current ecosystem participants and use cases, including Broadridge, Circle, and the DTCC’s planned tokenization of U.S. Treasuries on the network. Members and online participants asked about the relationship between tokenized assets and the Clarity Act, tokenized deposits, safeguards for faster settlement, and whether the platform could be used for municipal or property records. Julie said Digital Asset was not taking a position on rewards, but supported clearer statutory definitions because tokenized securities should carry the same rights as the underlying assets and investors need to know whether a token is a true tokenized security or a synthetic/reference token. She said the company is agnostic on whether the cash leg is stablecoins or tokenized deposits, though it expects both to develop. In response to concerns about rapid settlement, she pointed to institution-level permissions and SEC disclosure expectations as safeguards. She also said the technology could be used for other records, including potentially property-related records, if those assets can be tokenized.