Video & Transcript : 'digital commodities' :

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FL

Florida 2026 Regular Session

Community Affairs Jan 27th, 2026

Community Affairs

Transcript Highlights:
  • Currently, 86 percent of Floridians consume local news either printed or digitally.
  • But what do I do in a digital space?
  • But what do I do in a digital space?
  • And so, you know, everything is moving to digital.
  • And so, you know, everything is moving to digital.
Bills: S0218 , S0380 , S0936 , S0948 , S0962 , S0984 , S1020 , S1180 , S1434 , S1444 , S1612
Summary: The committee took up a broad agenda of local government, land use, housing, and public notice bills. It reported favorably SB 984 on firefighter cancer benefits, SB 1612 requiring local governments to accept electronic payments, SB 1180 creating a recall process for community development district board members and adding related CDD provisions on synthetic turf and compact urban mixed-use districts, SB 936 on temporary door locking devices, CS/SB 380 expanding options for publishing legal notices, SB 962 clarifying that the Live Local zoning preemption does not unintentionally capture farms and farm operations, SB 1444 on state preemption involving religious gatherings, private clubs, and certain permitting issues, SB 218 narrowing hurricane-related land-use protections to affected counties, SB 1020 regulating chickee huts, and SB 1434 creating a redevelopment framework for environmentally impacted parcels in certain urban counties. Several of these bills were amended before passage, including SB 1180, SB 380, and SB 948. Testimony was mixed on the more controversial measures. Supporters of SB 984 said the bill clarifies benefits for firefighters diagnosed with occupational cancer. On SB 380, the Florida Press Association and Common Cause opposed shifting legal notices away from newspapers and warned that publication would become more fragmented and harder to find, while the sponsor argued the bill would save money and reflect digital practices. SB 1444 drew support from Florida Family Voice on religious freedom grounds, but the Florida League of Cities and Florida Association of Counties warned that the bill was broad, undefined in places, and could create unintended consequences for local zoning, parking, and permitting. SB 1434 on redevelopment of environmentally impacted land drew support from housing advocates but opposition from counties and cities, which said it would bypass local development review and could allow overdevelopment. The committee also heard substantial testimony on SB 948, which would create a statewide framework for starter-home and lot-split regulations in residential areas. Supporters, including housing advocates, a Gainesville city commissioner, and an urban economist, said local regulations have constrained housing supply and that the bill would help produce more starter homes. Opponents, including the Florida Association of Counties, 1,000 Friends of Florida, and the Florida League of Cities, argued it would function as a statewide zoning code, reduce local planning authority, and create infrastructure and litigation concerns. The bill was amended and then laid over for further consideration after extensive debate and public comment.
TX

Texas 89th Regular

Criminal Jurisprudence Apr 22nd, 2025

Criminal Jurisprudence

Transcript Highlights:
  • HB 3110 gives law enforcement the necessary tools to combat financial crimes involving digital currency
  • Digital currency has become a ...popular method for money laundering.
  • HB 3110 establishes clear definitions and procedures for the forfeiture of digital currency.
  • . ...crimes involving digital currency.
  • Cryptocurrency and digital currency have no location. The servers can be in another state.
AL

Alabama 2025 Regular Session

Alabama Senate Finance and Taxation General Fund Committee Apr 16th, 2025

Finance and Taxation General Fund

Transcript Highlights:
  • It really codifies the existing interpretation of the rule that digital assets are not taxable property
  • depending on your district between 15... ...depending on your district, between 15 and 30% of people own digital
  • represent the people we represent and give them some regulatory certainty and exemption on taxes on digital
Bills: SB282 , SB300 , HB72 , HB396 , SB282 , SB300 , HB72 , HB396
TX

Texas 89th Regular

State Affairs (Part II) Mar 31st, 2025

State Affairs

Transcript Highlights:
  • auto insurance coverage costs, I own a business that, as part of its services, offers transport of commodities
  • I hear you, and what the system is, but we're not seeing double-digit, if not triple-digit increases.
Summary: The Senate Committee on State Affairs convened to discuss several critical pieces of legislation including SB30 and SB38. Senator Betancourt introduced a committee substitute for SB38 which underwent a smooth adoption process, moving it favorably toward the Senate. The meeting featured a mix of invited testimonies where both proponents and opponents took the floor. One notable highlight included a testimony from Melissa Casey, who criticized the current legal state as prone to fraud and detrimental to both insurers and the public at large, contending that it inflated insurance costs across the board. The discussions delved deeply into the implications of the bills on judicial processes and potential insurance ramifications, with spirited debates surrounding issues of non-economic damages and jury rights. The atmosphere remained engaged as committee members heard varied perspectives on the bills, showcasing a robust democratic process. The meeting underscored the importance of public testimony in shaping legislation, ensuring that multiple voices were considered as the committee pressed on towards making decisions that affect the legal landscape of Texas.
HI

Hawaii 2025 Regular Session

CPN Informational Briefing 11-12-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • </c> digital economy. digital economy.
  • all of my digital identity and digital<00:47:34.160><c> data.
  • </c> digital asset kiosk licensing regime. digital asset kiosk licensing regime.
  • </c> value um on the digital ecosystem. value um on the digital ecosystem.
  • </c> don't support the digital currency. don't support the digital currency.
Summary: The Hawaii State Senate Committee on Commerce and Consumer Protection held an informational briefing on digital assets, blockchain, and related regulatory developments. Chair Jarrett Keohoko said the committee was focusing on national and state policy issues around digital assets, while leaving the separate issue of Bitcoin kiosks and fraud to the House Consumer Protection Committee, which had already noticed a similar briefing. No public testimony was taken; the session was for informational updates and member questions. Representatives from the Aptos Foundation, including JC Yun and Michael Cheng, gave a detailed presentation on blockchain basics and Aptos’s technology. They described blockchain as a tamper-resistant digital ledger, explained proof-of-work and proof-of-stake systems, and argued that proof-of-stake networks are faster, cheaper, and more environmentally friendly. They also emphasized smart contracts and potential uses beyond speculation, such as car titles, college transcripts, collectibles, digital IDs, real estate, and other tokenized assets. The presenters highlighted Aptos’s Hawaii connections and said the technology could help local residents and businesses participate in the digital economy. They cited adoption statistics, including billions of transactions on Aptos, tokenized money market funds from major financial firms, micro-lending applications, decentralized cloud infrastructure, and the rapid growth of stablecoins. They acknowledged concerns about scams and consumer protection, but argued that the answer is stronger regulation and education rather than avoiding the technology altogether.
NM
Transcript Highlights:
  • I want to thank Jose Ibarra with BorderPlex Digital. I also want to thank Mr.
  • Commodities, fresh produce, steel, cement, all are using this port of entry to cross and to warehouse
  • You had the presentation yesterday by Bordaplex Digital Assets; I won't talk about that.
  • As a transportation company, we ensure that these commodities are being transported properly.
  • The benefit here is that you don’t want these commodities moving by truck next to you on I-10, where
LA

Louisiana 2026 Regular Session

Appropriations Mar 16th, 2026

Appropriations

Transcript Highlights:
  • So you were asking about the Commodity Supplemental Food Program.
  • Commodity. So it's an expired federal grant? Yes, ma'am.
  • Um, I all to all the states, the commodity program?
  • We have an FTE that manages our digital assets.
  • And that’s…” “…an FTE that manages our digital assets, and that’s it.
US
Transcript Highlights:
  • The threat of retaliatory tariffs on Montana commodities like wheat, barley, beet sugar, and pulse crops
  • Before my time runs out, digital trade is vitally important to us. You mentioned IP protections.
  • For many of our innovators and entertainers, having this presence in digital trade and making certain
  • economy, is digital trade.
  • I want to make sure that if anybody's regulating our digital companies, it's going to be us, and they
AZ

Arizona 2026 Regular Session

01/28/2026 - House International Trade

House International Trade Committee of Reference

Transcript Highlights:
  • So with that, we’ve also done digital resources, procurement, navigation, technical and financial assistance
  • So with that, we've also done digital resources, procurement, navigation, technical and financial assistance
  • So on top of preparing them on a digital front, we're also preparing them with what would look like a
  • They're consuming U.S. commodities.
  • With regards to the pharmaceuticals, the commodities, And importing box beef from foreign countries should
Summary: The House Committee on International Trade held its first meeting of the session with member introductions and opening remarks emphasizing Arizona’s interest in foreign relations, border commerce, and collaboration with trading partners, especially Mexico. Chair Tony Rivera noted the state’s trade offices in Mexico and framed the committee’s work as a way to strengthen Arizona’s international relationships. Staff were introduced, and members were reminded of amendment deadlines, though no bills were heard. The committee then heard a presentation from the Nogales-Santa Cruz County Chamber of Commerce and the Santa Cruz County Provisional Community College District. Chamber representatives described Nogales as a major gateway for trade, tourism, agriculture, and logistics, and said the region is investing in entrepreneurship support, bilingual business resources, digital and e-commerce training, and workforce development tied to mining and logistics. They also highlighted tourism promotion efforts and said infrastructure, housing, and pedestrian access at the ports of entry are major needs. Committee members asked about regulatory and infrastructure improvements, housing and health-care challenges, and tourism data. Greg Lucero of the provisional community college described the district’s unusual status, its contract with Pima College to provide instruction, and the impact of South32’s mining project on enrollment and workforce training demand. He said the district is focusing on AI, advanced manufacturing, trades, and ESL support, while working toward accreditation. Members asked about industry partnerships, certificate timelines, and programs tied to Arizona-Mexico trade. The committee also heard from Cattlemex, T4 Ranch, Arizona Cattle Feeder Association, and J.M. Fletcher Cattle Co. on the closure of the U.S.-Mexico border to live cattle imports because of New World screwworm concerns. Testimony argued that Sonora cattle are safe, that Arizona ports are strategically important, and that reopening the ports would support feedlots, packing plants, jobs, and lower beef prices. Witnesses urged a state-by-state USDA reopening, especially for Sonora, and said Arizona should not be penalized for outbreaks elsewhere in Mexico. Members asked about industry support, the effect of grazing restrictions, the future of Arizona’s livestock sector, and whether a Sonora-specific carve-out could be safely implemented. No votes or formal actions were taken.
CA
Transcript Highlights:
  • efforts would digital assets be transferred to a state-contracted digital asset custodian.
  • And then number two, will activity in one digital asset account protect other digital assets held by
  • Digital asset reserves have passed into law in three states. We've seen digital rights bills...
  • , and now digital assets.
  • digital.
Summary: The Assembly Banking and Finance Committee held an informational hearing on digital asset innovation, with opening remarks framing cryptocurrencies, blockchain, stablecoins, tokenization, and decentralized finance as a growing part of the financial system. Dennis Porter of Satoshi Action Fund presented on the market size, institutional adoption, use cases such as remittances and small-business payments, and policy developments at the federal and state levels. He also discussed risks including volatility, cybersecurity, and illicit use, while arguing that clear regulation can support innovation and consumer protection. State Controller Malia Cohen then updated the committee on implementation of SB 822, California’s unclaimed digital asset law. She explained that the law applies to custodial accounts, not self-custodied wallets, and requires holders to conduct outreach before dormant digital assets are transferred to the state in native form. Committee discussion focused on how abandonment is determined, what counts as account activity, the expected timeline for notices and custodian procurement, and the administrative costs and staffing needed to run the program. Controller staff said the state is still building procedures, working with Oregon, and expects a significant increase in claims once the program is operational. Porter returned with a proposal for a California digital asset reserve fund built on unclaimed digital assets under SB 822. He argued the fund could be cost-neutral, use only high-quality digital assets, and include guardrails such as an advisory board, audits, and public reporting. Committee members expressed interest in diversification and consumer protection, but also raised concerns about volatility, documentation, and market downturns. The hearing ended after public comment from industry and advocacy representatives, including support from the California Blockchain Advocacy Coalition, the Crypto Council for Innovation, and Coinbase, all urging clear, technology-neutral policy to keep innovation and jobs in California.
CA

California 2025-2026 Regular Session

Assembly Banking and Finance Committee Feb 18th, 2026

Banking and Finance

Transcript Highlights:
  • As a holder, digital asset holder.
  • We've seen digital rights bills... Digital asset reserves have passed into law in three states.
  • , and now digital assets.
  • They have easier ways to get their digital assets or their financial assets if they're digital.
  • So I think it's risky to keep digital assets in very low-quality types of digital asset formats.
NH
Transcript Highlights:
  • </c><00:20:38.159><c> money</c> facilitating payments as digital money facilitating payments as digital
  • </c> bringing real assets through digital bringing real assets through digital twins<00:32:14.159><c>
  • </c><00:37:46.640><c> assets</c> Bitcoin and also other digital assets Bitcoin and also other digital
  • DTbased digital bonds. Um and this DTbased digital bonds.
  • </c><02:04:30.560><c> uh</c><02:04:30.719><c> digital</c> Plume is working on a digital uh digital Plume
Summary: The Stable Token Study Commission held its first regular meeting, welcomed all remaining appointed members, and completed brief introductions from legislators and agency designees. The chair outlined the commission’s plan to use the first part of the enabling legislation as a “level-setting” discussion, focusing this meeting on the basics of blockchain, the current landscape for stablecoins and tokenized real-world assets, and leaving blockchain-based trust for a later meeting. No votes were taken. The main presentation came from Deanna Bario Zales of the Global Blockchain Business Council, who described stablecoins as increasingly converging toward fiat-backed or asset-backed models, with algorithmic designs viewed more cautiously. She said stablecoins are being used for payments, remittances, DeFi activity, cross-border transfers, retail use in high-inflation markets, and treasury functions, while noting risks such as peg instability, reserve transparency, counterparty and network risk, and possible capital flight from weaker banking systems. She cited growth in supply, wallet activity, and transfer volume, and said U.S.-pegged stablecoins dominate the market, with USDT and USDC leading. Zales also discussed tokenized real-world assets, describing them as digital representations of physical assets that can enable fractional ownership, liquidity, and faster settlement. She said the market is growing quickly, with institutional participation from firms such as BlackRock and Franklin Templeton, and projected continued expansion. She closed with an overview of regulatory developments, emphasizing the new U.S. stablecoin framework under the Genius Act, the proposed Clarity Act, OCC guidance, and similar regimes in the EU, UK, UAE, Singapore, Japan, and elsewhere, all of which she said are shaping compliance requirements and market development.
TX

Texas 89th Regular

Senate Session (Part III) May 27th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • Gold, without this bill becoming law, would you agree, is a commodity?
  • It's a commodity, yes. No, no, I don't mean it's an elevator on the periodic table.
  • You can buy gold in the futures markets; you can buy gold as a commodity, right?
  • You can keep it at your house if you buy some because most people buy it as a physical commodity.
  • So is it your assumption that with this commodity market, this exchange market that could be developing
Bills: SB801 , SB867 , SB2717 , SB2919 , HJR7 , HB4 , HB14 , HB27 , HB42 , HB46 , HB 100 , HB 111 , HB 112 , HB 121 , HB 126 , HB146 , HB186 , HB223 , HB229 , HB322 , HB367 , HB500 , HB521 , HB640 , HB705 , HB783 , HB 1052 , HB 1056 , HB 1105 , HB 1106 , HB 1178 , HB 1211 , HB 1234 , HB 1306 , HB1403 , HB1449 , HB1506 , HB1661 , HB1690 , HB1871 , HB1960 , HB2017 , HB2078 , HB2128 , HB2240 , HB2243 , HB2348 , HB2407 , HB2512 , HB2820 , HB2844 , HB2853 , HB2854 , HB2885 , HB3000 , HB3005 , HB3053 , HB3057 , HB3181 , HB3333 , HB3372 , HB3425 , HB3441 , HB3516 , HB3749 , HB3783 , HB3812 , HB3848 , HB3923 , HB3963 , HB4070 , HB4134 , HB4157 , HB4158 , HB4211 , HB4449 , HB4623 , HB4638 , HB4687 , HB4690 , HB4748 , HB4749 , HB4795 , HB4848 , HB5093 , HB5115 , HB5129 , HB5138 , HB5294 , HB5616 , HB5629 , HB5646 , HB5661 , HB5672 , HB5674 , HB5699 , HCR40 , SJR5 , SJR27 , SJR59 , SB4 , SB6 , SB8 , SB9 , SB10 , SB12 , SB22 , SB23 , SB25 , SB27 , SB34 , SB36 , SB37 , SB38 , SB40 , SB57 , SB140 , SB261 , SB293 , SB441 , SB447 , SB467 , SB512 , SB650 , SB777 , SB785 , SB924 , SB1188 , SB1281 , SB1318 , SB1333 , SB1398 , SB1448 , SB1566 , SB1579 , SB1621 , SB1723 , SB1838 , SB1862 , SB2167 , SB2405 , SB2406 , SB2407 , SB2878 , SB3059 , SB3070 , SB1 , SB17 , SB21 , SB260 , SB379 , SB509 , SB1198 , SB1405 , SB1506 , SB1637 , SB1833 , SB2155 , SB2308 , SB2601 , SB2778 , HB300 , HB2011 , HB2525 , HB5246 , SJR36 , SJR50 , SJR63 , SCR12 , SCR39 , SB2023 , SB62 , SB666 , SB847 , SB284 , SB854 , SB810 , SB1505 , SB583 , SB507 , SB1434 , SB1772 , SB2016 , SB1122 , SB731 , SB397 , SB508 , SB1436 , SB287 , SB1882 , SB393 , SB1791 , SB209 , SB2429 , SB1085 , SB1975 , SB2717 , SB1262 , SB636 , SB2056 , SB884 , SB1200 , SB1845 , SB2458 , SB801 , SB3014 , SB3013 , SB758 , SB2797 , SB2076 , SB2876 , SB1640 , SB1449 , SB1181 , SB1234 , SB2926 , SB2841 , SB1528 , SB1854 , SB317 , SB1250 , SB2082 , SB1237 , SB2819 , SB629 , SB2608 , SB1602 , SB2009 , SB867 , SB640 , SB1698 , SB2680 , SB913 , SB1071 , SB1086 , SB1087 , SB1483 , SB1444 , SB1553 , SB1556 , SB1703 , SB2133 , SB2297 , SB2298 , SB2622 , SB2955 , SB2334 , SB1367 , SB2044 , SB2363 , SB2565 , SB1888 , SB3036 , SB3057 , SB3043 , SB3063 , SB3035 , SB203 , SB2688 , SB2522 , SB2459 , SB2655 , SB2251 , SB1884 , SB2928 , SB2566 , SB2549 , SB2553 , SB2919 , SB1944 , SB1232 , SB1798 , SB2603 , SB2607 , SB2683 , SB1319 , SB3045 , SB3071 , HJR7 , HB5115 , HB3053 , HB1403 , HB223 , HB748 , HB5652 , HB3395 , HB180 , HB 1306 , HB322 , HB 126 , HB5650 , HB4894 , HB1629 , HB5698 , HB3171 , HB2694 , HB5664 , HB4690 , HB4464 , HB3623 , HB2520 , HB2213 , HB252 , HB146 , HB5596 , HB3619 , HB5320 , HB5651 , HB5670 , HB5665 , HB5437 , HB5679 , HB5699 , HB5661 , HB5662 , HB5654 , HB5672 , HB5656 , HB3812 , HB3057 , HB2035 , HB721 , HB346 , HB2512 , HB5695 , HB5694 , HB5674 , HB3185 , HB2348 , HB1871 , HB 1135 , HB 101 , HB5666 , HB5677 , HB5682 , HB5658 , HB4144 , HB3642 , HB3815 , HB2686 , HB2012 , HB1960 , HB227 , HB654 , HB1690 , HB2128 , HB4158 , HB4630 , HB1523 , HB2078 , HB1973 , HB3333 , HB3697 , HB3546 , HB3225 , HB3181 , HB2820 , HB1506 , HB 1234 , HB640 , HB521 , HB229 , HB186 , HB 119 , HB4795 , HB4466 , HB3749 , HB 1106 , HB4 , HB4170 , HB3909 , HB4081 , HB4145 , HB4157 , HB4285 , HB4463 , HB4995 , HB5138 , HB5624 , HB1449 , HB2598 , HB3629 , HB4361 , HB824 , HB1868 , HB4848 , HB2243 , HB40 , HB 117 , HB3686 , HB500 , HB3793 , HB 112 , HB 104 , HB 1056 , HB42 , HB3000 , HB 100 , HB2240 , HB718 , HB27 , HB4904 , HB4202 , HB2853 , HB5129 , HB5093 , HB4765 , HB4748 , HB4559 , HB4350 , HB4214 , HB3388 , HB3112 , HB5196 , HB4211 , HB3516 , HB3092 , HB4233 , HB4687 , HB705 , HB 1094 , HB2037 , HB3005 , HB3848 , HB 1105 , HB 121 , HB3372 , HB367 , HB783 , HB3336 , HB3441 , HB4449 , HB5616 , HB2407 , HB2854 , HB3425 , HB5294 , HB 1178 , HB4623 , HB14 , HB3963 , HB 1211 , HB5646 , HB5629 , HB3783 , HB4236 , HB46 , HB4638 , HB 1052 , HB4070 , HB5509 , HB5435 , HB4134 , HB3923 , HB3520 , HB3320 , HB2517 , HB2488 , HB5663 , HB2731 , HB3073 , HB2655 , HB2399 , HB541 , HB4099 , HB 111 , HB1532 , HB3483 , HB2963 , HB4580 , HB3748 , HB713 , HB632 , HB426 , HB4730 , HB 127 , HB5690 , HB5689 , HB5655 , HB3385 , HB2757 , HB4359 , HB5381 , HB20 , HB 123 , HB549 , HB5606 , HB2217 , HB2594 , HB796 , HB150 , HB 1057 , HCR141 , HCR40 , HCR59 , HCR76 , HCR81 , HCR46 , HCR111 , HCR83 , HCR84 , HJR7 , HB4 , HB14 , HB27 , HB42 , HB46 , HB 100 , HB 126 , HB150 , HB322 , HB367 , HB500 , HB640 , HB705 , HB783 , HB 1105 , HB 1178 , HB 1211 , HB 1234 , HB1506 , HB1690 , HB1871 , HB2078 , HB2128 , HB2240 , HB2243 , HB2407 , HB2512 , HB2853 , HB2854 , HB3000 , HB3057 , HB3181 , HB3372 , HB3425 , HB3441 , HB3749 , HB3783 , HB3812 , HB3923 , HB3963 , HB4070 , HB4134 , HB4157 , HB4211 , HB4449 , HB4623 , HB4638 , HB4687 , HB4748 , HB4795 , HB5093 , HB5129 , HB5616 , HB5629 , HB5699 , HB229 , HB521 , HB 1056 , HB 1106 , HB5138 , SR583 , SCR52 , HB223 , HB229 , HB521 , HB 1056 , HB 1106 , HB1403 , HB3053 , HB5115 , HB5138
LA
Transcript Highlights:
  • But by and large, those are single digits; all 300 employees have come back to work.
  • “Our inventory of commodities is adequate and where it needs to be for this time of year, with nearly
  • Our commodities distribution is a deliberate exercise that's not been conducted...
  • Our commodities distribution is a deliberate exercise. It's not been conducted yet.
  • But the commodities, the real-world commodities, are staged and ready.
Summary: The committee first heard an update on the Northwest Louisiana earthquake cluster. Laura Sori of the Department of Conservation and Energy said the agency has inspected Class II injection wells within 12 miles of the earthquakes, found no permit violations, and is requiring monthly reporting of daily injection data. LSU and Tulane researchers explained that the swarm includes about 50 earthquakes detected by USGS since December 2025, including a 4.9 magnitude event on March 5, and that better monitoring is needed because Louisiana has very limited seismic station coverage. Dr. Cynthia Ebinger said her temporary array has detected more small quakes than USGS, that the pattern looks more like a swarm than normal aftershocks, and that the data suggest pressure changes in the subsurface, though no definitive cause was identified. Keith Hall of LSU described how other states responded to suspected induced seismicity with more monitoring, more frequent reporting, injection limits or moratoria, and “traffic light” systems that escalate regulatory responses as seismicity increases. Members asked about depths, fault locations, possible links to injection or fracking, and whether more monitoring and data-sharing should be pursued; several speakers said Louisiana likely needs a denser monitoring network and more structured data collection. A Texas geoscientist, William Berger, also testified that Texas uses large-scale data analysis and AI to study injection-related seismicity and argued for secure sharing of operator data to improve forecasting and risk management. The committee then took testimony on UAV and drone incursions over Barksdale Air Force Base. GOSEP said the incident was logged in WebEOC and the common operating picture, but that Barksdale did not request direct GOSEP resources and that the matter was handled through law enforcement channels. Louisiana State Police and the FBI said they were limited in what they could disclose, but confirmed multiple drone sightings on the morning and evening of March 9 and continued monitoring for several days. State Police said they have created a task force with the Police Chiefs Association, Sheriffs Association, GOSEP, and LSP, and that officers are receiving FBI-related training to help detect and, where authorized, mitigate drones. Members discussed whether the activity was nefarious, what counts as an incursion, and the need for better public education about drone restrictions near military and critical infrastructure sites. No formal action was taken, but members said the issue will continue to be tracked alongside pending legislation. Finally, the committee received a one-year update on the merger of GOSEP with the Louisiana National Guard and Military Department. Major General Thomas Freelieu and Brigadier General Jason Maffus said the merger has reduced GOSEP from seven divisions to three, shifted administrative functions to the Military Department, and produced about $10.5 million in first-year cost avoidance. They said the agency has modernized its common operating picture, returned staff to in-person work, and continued statewide preparedness exercises. Freelieu highlighted Guard missions including cyber expansion, the new Air National Guard cyber squadron at Jackson Barracks, modernization of the 159th Fighter Wing, and ongoing support for homeland security missions in New Orleans and Washington, D.C. Maffus said GOSEP’s core mission remains emergency preparedness, response, and recovery, and that the merger is intended to make state support to parishes faster and more efficient.
LA
Transcript Highlights:
  • But by and large... ...those are single digits; all 300 employees have come back to work.
  • Our commodities distribution is a deliberate exercise that's not been conducted...
  • Our commodities distribution is a deliberate exercise. It's not been conducted yet.
  • But the commodities, the real-world commodities, are staged and ready.
  • Commodities distribution enterprise is prepared.
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.
NH
Transcript Highlights:
  • </c> blockchain, uh, has all kinds of digital blockchain, uh, has all kinds of digital assets<00:10:48.720
  • </c> an oil and and gas and commodities an oil and and gas and commodities trader<00:32:17.840><c> and
  • Um we as a group digitally speaking.
  • ><c> digital</c><01:07:26.640><c> assets</c><01:07:27.039><c> that</c> custodian for digital assets that
  • </c> first uh foray into accepting digital first uh foray into accepting digital assets<01:43:08.400>
Summary: The commission met with a quorum, approved the agenda, and approved the November 12 minutes after a motion, second, and unanimous voice/online consent. The chair said the meeting would include two presentations—one from Noah Herman of Fortress Global and one from John Kicko and team from Hedera—followed by discussion of the commission’s next steps and public comment. The chair also noted he was still seeking a clerk for note-taking. Herman’s presentation focused on stablecoins, blockchain use cases, and operational considerations for states and other institutions. He described Fortress as an enterprise crypto-wallet and treasury platform serving corporates, governments, and nonprofits, and used examples such as Save the Children and a large global commodities firm to illustrate custody and treasury management on blockchain rails. He said stablecoins are designed to maintain a U.S. dollar peg, are increasingly backed by treasuries and subject to greater transparency, and are being adopted by major firms and payment companies because they can improve speed, reduce cost, and simplify payments. He also highlighted market growth, including claims that stablecoins now represent a significant share of on-chain activity and are a major holder of U.S. Treasuries. He identified custody as a key issue for state and institutional use, outlining qualified custody, managed custody, and self-custody models. He said the main practical challenge for the commodities client was moving funds safely and quickly across global time zones and that blockchain rails could solve problems that traditional banking rails could not. He framed the broader trend as one of accelerating institutional adoption, citing recent acquisitions and product launches by Visa, Stripe, Citi, and PayPal as evidence that stablecoin infrastructure is becoming mainstream.