Video & Transcript : 'dependency' :

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FL

Florida 2026 Regular Session

Banking and Insurance Mar 31st, 2025

Banking and Insurance

Transcript Highlights:
  • It depends, right? It depends on what's been negotiated with that client.
  • software, treasury management type fees, all of this, and that client either gets zero interest depending
  • It depends really on the different type of— so there's various decay rates, and I won't bore you with
  • So I don't know the exact answer to your question because it's an average and it depends bank to bank
Summary: The committee heard several bills and amendments, beginning with CS/SB 498 on trust fund interest for IOTA accounts. The sponsor said a 2023 Florida Supreme Court rule sharply increased interest paid into legal aid funding, creating a windfall and making participation difficult for banks. An amendment was adopted requiring savings institutions to pay the higher of 0.25% or the highest comparable rate offered on certain non-IOTA accounts, and the bill then passed favorably after testimony from banks, legal aid representatives, and other stakeholders both supporting and opposing the measure. The committee also approved CS/SB 232, which clarifies Florida’s consumer collection law applies only to phone calls during restricted hours and not emails or text messages, after a delete-all amendment and supportive testimony from industry groups. It then approved SB 132, as amended, to designate gold and silver as legal tender and set rules for custody, audits, electronic transfer, and government acceptance of payments; supporters called it a sound-money measure, while the banking association said it still had unresolved technical concerns. Later, the committee passed SB 1466 to create a trust fund for the My Safe Florida Home Program, with an amendment funding it from 20% of collected insurance premium tax revenue. It also considered SB 1206 on transportation network company insurance, reducing coverage during the “dead-leg” period before a rider is picked up from $1 million to lower limits; the bill drew sharp opposition from trial lawyers and support from insurers and some business groups, and the committee adopted a clarifying amendment before reporting the bill favorably. Finally, CS/SB 924 on fertility preservation for cancer patients was amended several times to narrow scope and clarify coverage rules, then passed favorably after debate over cost, preauthorization, and post-treatment storage obligations. The committee adjourned after allowing technical and conforming changes to implement the adopted amendments.
TX

Texas 89th Regular

Land & Resource Management Mar 27th, 2025

Land & Resource Management

Transcript Highlights:
  • So if the car lot, sometimes it takes a while to sell these things. depending on a myriad of factors.
  • A lesser agent would take maybe up to five years, depending on some factors. who wants too much money
  • It just depends on a lot of conversation.
  • Depending, I've been under contract with properties for two years.
  • I just want to clarify for accuracy, it gets very complicated because depending on your source of...
NM

New Mexico 2025 Regular Session

Senate - Tax, Business and Transportation Mar 20th, 2025

Senate Tax, Business & Transportation

Transcript Highlights:
  • All they have to do is file their normal individual income tax return, and they cannot be a dependent
  • So it depended on what oil and gas would do.
  • That depends on us modernizing our grid is enormous, so I appreciate taking the stab at it, and that's
  • we're proposing, those are only for children who receive Medicaid or may have suffered under COVID, depending
  • So I think there are many ways, depending on how these young people decide to use that money, where this
MN
Transcript Highlights:
  • Steer, for this bill, is that you give prosecutors the tools to utilize different levels of fleeing depending
  • Steer, for this bill, is that you give prosecutors the tools to utilize different levels of fleeing depending
  • tools to utilize different levels of tools to utilize different levels of fleeing<00:12:52.480><c> depending
  • > on</c><00:12:53.959><c> what</c><00:12:54.440><c> happens</c><00:12:55.440><c> and</c> fleeing depending
  • on what happens and fleeing depending on what happens and please<00:12:57.320><c> please</c><00:12:57.600
Keywords: 1183, house
HI
Transcript Highlights:
  • We have great resources; our economy depends on people coming to enjoy those. Thank you.
  • We have great resources; our economy depends on people coming to enjoy those.
  • Hawaii we have great resources<00:14:49.360><c> our</c><00:14:49.560><c> economy</c><00:14:49.959><c> depends
  • </c><00:14:50.279><c> on</c><00:14:50.480><c> people</c> resources our economy depends on people resources
  • our economy depends on people coming<00:14:50.959><c> to</c><00:14:51.120><c> enjoy</c><00:14:51.519
Keywords: 910, house, all
Summary: The joint House Committee on Tourism and Committee on Water and Land heard HB 504, which would raise the transient accommodations tax by imposing a $20 nightly charge on stays booked with points, miles, or other rewards-program benefits, with revenues dedicated to DLNR for natural resource protection, management, and restoration. Supporters said Hawaiʻi faces major environmental funding shortfalls and that visitors should help pay for the lands and waters they enjoy. Testimony in support came from DLNR, the Climate Change Mitigation and Adaptation Commission, Care for Now Coalition, Hawaiʻi Ocean Legislative Task Force, Hawaiʻi Land Trust, The Nature Conservancy, Kuaʻulu, Mālama Puka, Resources Legacy Fund, and others, many citing visitor polling showing strong support for an environmental stewardship fee and the need for a dedicated funding source and community grants. Opposition or caution focused mainly on implementation and the tax structure. The Department of Taxation said the surcharge would create administrative difficulties because it would be hard to verify the value of points, miles, and similar bookings, and the Tax Foundation of Hawaiʻi said it supported the policy goal but not the funding source, warning that tourists have limited budgets and may choose other destinations. Some members also raised concerns about the $20 rate and administrative complexity, while others said the concept was creative but needed refinement. After discussion, the chair recommended passing HB 504 as HD1 with amendments, including noting DoTax’s concerns and changing the effective date for the surcharge to January 1, 2027. Both committees adopted the recommendation and passed the bill with amendments; one member in Water and Land voted with reservations, and several members were excused.
FL

Florida 2025 Regular Session

February 5, 2025 - 03:00 PM

Transcript Highlights:
  • third recalculation could reverse impact my overall budget, or it could benefit my overall budget depending
  • Sometimes we don't get funded, and sometimes it's up to 18 months, depending on where we fall within
  • So it would really depend.
  • So to bring all that back, it really would depend on what the Legislature would like to see.
  • Depending on community to community, from judge to judge, how that gets handled is completely different
Summary: The Pre-K through 12 Budget Subcommittee met to review how Florida’s Education Finance Program (FEFP) works, receive an update from the Department of Education on the October 2024 FTE survey and third FEFP calculation, and hear from three county superintendents about forecasting enrollment and reconciling scholarship students. The chair explained that FEFP is funded by both state and local dollars, is recalculated multiple times during the year, and is now closely tied to school choice policy. Department staff said the third calculation was still being rerun but should be completed soon, and described the forecasting process as collaborative among districts, DOE, and the Education Estimating Conference. Superintendents from Polk, St. Lucie, and Hendry counties said enrollment shifts, especially students moving to Family Empowerment Scholarships, homeschooling, or private schools, make budgeting and staffing difficult. They said districts often must hold back funds to protect against midyear losses, which affects collective bargaining, staffing, transportation, and classroom organization. Several members raised concerns about duplicate counting, transparency, and whether students receiving scholarship funds can also remain in district classrooms. DOE said districts can access scholarship information through a secure portal and that scholarship funding organizations are paid quarterly, with a new process requiring certification and possible future payment adjustments to reduce duplication. The superintendents urged better real-time tracking of students through a statewide ID or student information system and suggested scholarship students should be funded separately from district FEFP calculations. Members also discussed whether more frequent or daily attendance-based calculations would improve accuracy, though some warned that daily attendance could create new problems for high-poverty districts. The committee also briefly discussed categoricals, including mental health and ESE funding, with DOE saying it evaluates programs through studies, reporting requirements, and legislative direction. No votes were taken; the meeting ended with a motion to rise and adjourn.
CA

California 2025-2026 Regular Session

Senate Health Committee Apr 15th, 2026

Health

Transcript Highlights:
  • So it varies depending on the offense.
  • Now he cannot access regular doctor visits and must pay out of pocket for medications he depends on.
  • in-home care, dependable emergency room care, and other vital services.
  • And depending on the type and where we work in the hospital, you may or may not be...
  • As an autistic consumer of public programs, my survival depends on Medicaid.
Keywords: 987, senate, all
CA

California 2025-2026 Regular Session

Senate Judiciary Committee Apr 14th, 2026

Judiciary

Transcript Highlights:
  • Under current law, courts already have the authority to order drug testing in dependency cases.
  • Under current law, courts already have the authority to order drug testing in dependency cases.
  • Under current law, courts already have the authority to order drug testing and dependency cases.
  • The answer is it's not a monolith, and it depends on the market that you're talking about.
  • Now, it depends upon your point of view as to the extent of that friction or irritation.
Summary: The committee heard several bills, with testimony largely focused on child safety, immigrant community transparency, agricultural land security, consumer protection, estate transfers, detention commissary pricing, and public works wage enforcement. SB 1234 would require fentanyl to be included in drug tests ordered by juvenile courts for parents or guardians in dependency cases; the author said it was a narrow child-safety measure, and there was no opposition. SB 1257 would require the Attorney General to publish annual reports on immigration enforcement incidents at designated safe locations; supporters said it would improve accountability and document fear in immigrant communities, while questions centered on how the data would be collected and concerns were raised about sanctuary policies. SB 1176 would bar foreign adversary entities from buying or controlling California agricultural land; supporters framed it as a national security measure, while committee members pressed the author on enforcement, who would verify buyers, and possible discriminatory application. The bill was moved on a 2-4 vote and placed on call after the author said he would work on clarifying responsibility and nondiscrimination concerns. The committee also heard SB 1146, which would require clear disclosure when AI-generated or altered images, audio, or video are used in health-related advertisements depicting health care providers. The California Medical Association and California Dental Association supported the bill, saying it would curb deceptive deepfake ads and protect consumers; it passed unanimously, 7-0. SB 988 would restrict assignment of benefits in auto glass claims, require claim numbers and itemized estimates, and update repair disclosure rules to curb overbilling and steering; supporters said it would protect consumers and stabilize insurance costs, while independent glass shop concerns about steering and market concentration were discussed. The bill passed 7-0, with one member abstaining because of a conflict. SB 1288, presented on behalf of Senator Laird, would require financial institutions to make good-faith efforts to notify beneficiaries of non-probate assets and would simplify access requirements, especially for nonprofits. Supporters described long delays and burdensome account-opening requirements; SIFMA and the California Bankers Association opposed the bill unless amended, citing conflicts with federal and industry obligations and concerns about retroactive burdens. The bill passed 8-0. SB 941 would cap commissary markups in private immigration detention facilities at 35% above vendor cost; supporters said detainees often pay excessive prices for basic necessities, and the bill passed 8-0. Finally, SB 909 would raise and index public works contractor fees and penalties and dedicate more penalty revenue to enforcement; labor supporters said stronger funding is needed to address wage theft and backlogs, while contractors warned of uncapped costs and reduced transparency. The discussion continued with questions about enforcement and whether stronger penalties or license restrictions would better deter repeat violators.
KY
Transcript Highlights:
  • It depends where they're coming from. It's very, very lengthy.
  • It<00:31:12.640><c> depends</c><00:31:12.799><c> where</c><00:31:12.960><c> they're</c><00:31:13.120>
  • </c> It depends where they're coming from. It depends where they're coming from.
  • And the Model Waiver 2 is for anybody that may be vent dependent 12 hours or more a day. Let's see.
  • And the Model Waiver 2 is for anybody that may be vent dependent 12 hours or more a day. Let's see.
Keywords: 958, all
Summary: The Health and Family Services committee heard an informational presentation on Kentucky personal care homes from representatives of the Kentucky Association of Healthcare Facilities, Management Systems of Kentucky, and Elder Care Partners. Witnesses described personal care homes as a lower-cost, 24/7 residential option for adults, often with serious mental illness, who do not meet nursing home criteria but need structured supervision, medication assistance, meals, and daily support. They said the homes are regulated by the Cabinet for Health and Family Services, are not Medicaid-funded, and are supported largely through state supplementation payments and residents’ SSI income. The presenters argued that the current reimbursement rate of about $50.70 per day is no longer sufficient to cover staffing, food, insurance, utilities, maintenance, and other costs, and said the sector has shrunk significantly over time. They cited figures showing a decline from 64 to 34 homes serving the seriously mentally ill since 2002, with 30 closures over 23 years, and said the loss of beds contributes to homelessness, hospital overcrowding, and longer psychiatric stays. They also gave examples of residents who had spent many months in hospitals before being successfully placed in personal care homes, which they said can prevent more costly institutional care. Committee members asked about staffing credentials, fraud controls, referral processes, and how reimbursement works in other states. The presenters said Kentucky does not require licensed or certified staff in these facilities, though some homes use certified medication technicians or an LPN, and they described a county case-manager-based assessment process used to set individualized rates in other states such as Minnesota. Members expressed support for the work but emphasized the need for documentation of savings and budget offsets. The presenters said they are seeking an incremental reimbursement increase over two years, roughly 25% to 50% in the first year and another 50% after that, and urged the committee to support the homes to prevent further closures.
NH

New Hampshire 2026 Regular Session

House Labor, Industrial and Rehabilitative Services (01/22/2026)

Labor, Industrial and Rehabilitative Services

Transcript Highlights:
  • on how you did it would would depending on how you did it would be<00:47:10.240><c> challenged.
  • If we're going to be looking at multiple variables, um, and depending on how they are to be applied,
  • </c><01:30:20.320><c> length</c><01:30:20.560><c> of</c><01:30:20.800><c> the</c> And so depending on
  • on the length of time know depending on the length of time you're<01:31:29.679><c> filing</c><01:31:
  • </c><01:40:50.719><c> on</c> 20 weeks or 32 by 26 weeks depending on 20 weeks or 32 by 26 weeks depending
Keywords: 1189, house, all
HI

Hawaii 2025 Regular Session

HHS-CPN Informational Briefing 12-19-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • </c> but could be as low as 28,000 depending but could be as low as 28,000 depending on<00:24:30.640>
  • You could also depend upon this 100% of the subsidy. >> Second, can I have the next slide?
  • </c> &gt;&gt; depend upon this 100% of the subsidy. &gt;&gt; depend upon this 100% of the subsidy.
  • It really depends on how we can stabilize the patient.
  • really depends on how we can stabilize the<01:52:29.920><c> patient.
Keywords: 912, senate, all
Summary: The joint informational briefing by the Health and Human Services and Commerce and Consumer Protection committees focused on projected impacts to Hawaii consumers from federal changes affecting Med-QUEST and the ACA marketplace, including the loss of ACA premium tax credits, OBVA/HR1-related Medicaid changes, immigrant eligibility restrictions, and new Medicaid work/community engagement requirements. Committee members noted the meeting was being streamed live and emphasized the need to explain potential coverage losses affecting a significant share of the state population. Med-QUEST administrators reported current enrollment at 390,766, about 27% of Hawaii’s population, and broke that down into major groups including roughly 128,000 ACA expansion adults and about 52,000 parent/caretaker relatives. They said the expansion adult population would be most affected by the new federal requirements, which will shorten renewal periods from 12 months to 6 months and impose community engagement rules beginning in late 2026 and 2027. They described the work requirement as 80 hours per month of work, community service, work program participation, or half-time education, with an income-based pathway tied to $580 per month at the federal minimum wage; they also noted a long list of exemptions, but said many details are still awaiting federal guidance and rulemaking. The administrators said federal changes to immigrant eligibility would eliminate Medicaid coverage for certain noncitizen categories, with an estimated 1,200 to 2,400 people affected, though about 200 may remain covered through a state-funded program for otherwise eligible individuals. They also said marketplace subsidies would no longer be available for some immigrants under 100% of the federal poverty level starting January 1, 2026, with further restrictions expected in 2027. For Hawaii overall, they estimated the new Medicaid work and renewal rules could push an additional 19,000 to 38,000 people into uninsured status, with another estimated 6,000 at risk from the six-month renewal process alone. Members asked about how exemptions would be determined, especially for medically frail and seriously mentally ill individuals, and administrators said they were still awaiting detailed federal rules and were working on data-matching and verification processes to reduce coverage losses.
NH
Transcript Highlights:
  • It depends on where you live, right?
  • </c><01:19:33.360><c> It</c><01:19:33.520><c> depends</c><01:19:33.679><c> on</c> far.
  • It depends on far. Well, I don't know.
  • </c> receiverhip over that entity depending receiverhip over that entity depending on<04:27:24.239><c
  • </c><05:10:50.718><c> on</c> to reference that appendix depending on to reference that appendix depending
Keywords: 928, house, all
Summary: The committee first heard Senate Bill 47, sponsored by Sen. Regina Birdsell at the request of the Insurance Department. The bill would codify the department’s interpretation that a birth mother’s health insurance is the primary coverage for a newborn, unless the mother has no insurance or coverage under an employer-sponsored plan. Birdsell and Insurance Commissioner DJ Benton Court said the measure is a clarification of existing practice and intended to protect vulnerable newborns; a question from Rep. Miles clarified that if a young woman is on her parents’ policy, the newborn would generally be covered under that family coverage. The hearing on SB 47 was then closed. The committee then took up Senate Bill 121, introduced by Grant Bosi for Sen. Kevin Avard, which would require insurers to notify the Insurance Department when they stop writing an entire line of business or, in some cases, Medicare Advantage plans. Commissioner Benton Court said the bill arose from disruption in the Medicare Advantage market, where consumers, brokers, and the department were confused by carriers changing or ending offerings; he said the department wanted a simple notification requirement so it could better advise consumers. Members discussed network adequacy, county-based service areas, and the fact that the bill would make notice a condition of licensure, with possible fines or license action for noncompliance. Witness Paula Rogers of AHIP said her group supported the bill if amended, and the department indicated it would support a change from a 120-day notice period to 90 days to align with state rules; the committee planned to work on an amendment in subcommittee. Finally, the committee heard Senate Bill 247, introduced by Rep. Brian Cole, which would prohibit network exclusion of pharmacies that refuse to dispense prescriptions when PBM reimbursement is below acquisition cost. Cole argued the bill is meant to stop pharmacies from being forced to sell drugs at a loss, describing PBMs as middlemen and saying the measure is a compromise that protects local pharmacies. Members questioned whether consumers would pay more and whether pharmacies voluntarily enter PBM contracts; Cole responded that the bill would let pharmacies refuse unprofitable fills while consumers could still obtain the drug through mail order or other channels. He also said the issue has changed over time because the practice now affects a much larger share of generics and is concentrated among a few PBMs. The hearing remained open as questions continued, with no vote taken in the excerpt.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Ways and Means Mar 24th, 2026

Joint Committee on Ways and Means

Transcript Highlights:
  • Public safety depends on partnerships.
  • First responders and municipal leaders, Public safety depends on partnerships.
  • We're all dependent on our phones, on our computers.
  • So we're completely dependent on you folks for our operating funds.
  • Again, that's still dependent on the geographic area and the practice area.
Keywords: 1212, all
NH

New Hampshire 2026 Regular Session

House Ways and Means (02/04/2026)

Ways and Means

Transcript Highlights:
  • It depends which town you live in. So, let me address that.
  • It depends which uh town you live maybe.
  • Well, the answer has to be it depends.
  • </c> Well, the answer has to be it depends. Well, the answer has to be it depends.
  • Right now, I've got I guess it depend.
Keywords: 1189, house, all
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Data Practices 11/20/25

Minnesota House Floor Meeting

Transcript Highlights:
  • We usually look back, you know, 3 to 5 years is what I would say is our ideal, depending on the type
  • </c> what I would say is our ideal depending what I would say is our ideal depending on<00:03:41.840>
  • on the inquiry, we um we need depending on the inquiry, we um we need to<00:04:03.760><c> look</c><00
  • So, it really depends on the layers of which avenue the person may choose to go through.
  • So, it really depends on the layers of which avenue the person may choose to go through.
Keywords: 919, house, all
Summary: The committee approved the October 15, 2025 minutes and then held a broader discussion on current challenges with data retention and government transparency. Judy Randall of the Office of the Legislative Auditor said historical data is essential for post-audits, which often look back three to five years, and that retention decisions must balance audit needs with the burden of separating public and nonpublic data. She described the records-retention panel process as informal and largely based on individual judgment, noting she had objected to a proposed 60-day email retention period and generally uses a three-year guideline, though she said that standard is not grounded in a formal rule. Members discussed whether auditing standards should set retention periods, with Randall saying auditing is a good starting point but other offices, including the attorney general, also have needs, and that some agency discretion is unavoidable because of the gray area between official records and non-records. Representative Elkins raised the related principle of data minimization, arguing that government should not keep data longer than needed and citing a University of Minnesota legacy data warehouse breach as an example of the risks of retaining unnecessary sensitive information. Randall agreed that data no longer needed is a liability and said her office purges workpapers after five years. Representative Scott pressed whether three years is enough for fraud investigations and financial records; Randall responded that a reasonableness standard is needed and that longer retention can produce diminishing returns, though she said she would follow up on whether financial records should be treated differently. Tanya Tacker of the Rum River Special Education Cooperative testified in support of updating Minnesota’s data-retention laws for schools. She said districts want to protect student information and maintain transparency, but the current general retention schedule dates to 1985 and 2000 and does not reflect digital records, modern systems, or the volume of special education data. She urged modernizing the schedule, clarifying what must be kept in paper versus digitized form, aligning state rules with IDEA and other federal requirements, and providing practical guidance and tools. Members praised the specificity of her recommendations. Dr. BB Newman testified that retention failures in St. Anthony Village have made it difficult to obtain routine municipal and police data, with records delayed, missing, or inconsistently produced and no clear explanation of what systems were searched or whether records were destroyed. Newman argued these gaps undermine statutory access rights and force residents into costly litigation, and recommended stronger retention auditing, documentation of destruction, mandatory disclosure of systems searched, and consequences for noncompliance. In response to questions, Senate counsel said there is generally no direct penalty, but affected parties may seek mandamus, Data Practices Act claims, or informal mediation/opinions from the Data Practices Office. The discussion closed with calls for clearer standards and possible legislative updates to improve compliance and transparency.
HI

Hawaii 2025 Regular Session

JDC-AEN Informational Briefing 10-16-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • 09:33.839><c> partnerships</c> success depends on strong partnerships success depends on strong partnerships
  • So you really could have a much more significant impact depending on the economic conditions.
  • </c> much more significant impact depending much more significant impact depending on<00:36:02.320><c
  • So I think there's a menu, and I think it will depend on the farmers.
  • So I think there's a menu, and I think it will depend on the farmers.
Keywords: 912, senate, all
Summary: The joint informational briefing focused on how federal policy changes, tariffs, funding cuts, the federal shutdown, and delays in the farm bill are affecting Hawaii agriculture and food access. Opening remarks emphasized Hawaii’s heavy dependence on imported food and farm inputs, the state’s vulnerability to disruptions in USDA services, and the need for stronger state, county, and community coordination. Speakers also noted that immigration enforcement and broader global supply-chain pressures can affect local farm labor, production, and food availability. Sharon Herd, chair of the Department of Agriculture and Biosecurity, described both positive and negative federal impacts. She said Hawaii has benefited from some recurring grants and a large new $8.8 million federal grant, but also reported about $22 million in losses from suspended or terminated grants, including farm-to-school and water-related projects. She said some USDA programs, such as microgrants for food security and FISMIP, are currently suspended, while the specialty crop block grant remains active. She also said Hawaii farms declined from 7,328 to 6,569 between the 2017 and 2022 censuses and argued the state cannot rely on imports alone to feed its people. Amanda Shaw of Agriculture Stewardship Hawaii presented findings from federal funding cut reports. She said the first report, in March, identified about $88 million in potential cuts, and the newer report found $64.7 million in confirmed cuts and about $175 million in potential cuts. She said federal shifts are creating uncertainty for farmers, food-system organizations, and school and community food programs, and noted that 4,000 to 5,000 Hawaii farmers could receive less money because of changes to payment-factor provisions for socially disadvantaged farmers. She also said Hawaii has lost 18% of local USDA staff since September 2024, with possible further national reductions expected. No votes were taken; the meeting was informational only, and the chair noted that any legal questions, including the reported SNAP changes, would be for the Judiciary Committee to assess later.
NH
Transcript Highlights:
  • In Singapore, it depends.
  • In Singapore,<00:28:25.039><c> it</c><00:28:25.360><c> depends.
  • Um there's an Singapore, it depends.
  • There are kind of two or three major legislations, depending on what you consider most important.
  • Depending on the particular part of the protocol stack. Solomon, can you hear me?
Keywords: 1189, house, all
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

Judiciary & Civil Jurisprudence Apr 23rd, 2025 at 10:04 am

Judiciary & Civil Jurisprudence

Transcript Highlights:
  • Well, so it had to depend, it had to depend on a case-by-case basis. stated by a statute, ordinance,
  • Well, so it had to depend, it had to depend on a case-by-case basis, At large.
  • Well, so you'd have to depend, it had to depend on a case-by-case basis as far as what the particular
  • So again, it depends on the exact fact pattern.
  • I think it depends, just like every good law school hypothetical: it just depends on the facts.
Summary: The committee heard testimony on several bills affecting civil practice, judicial conduct, and attorney regulation. HB 4961 and the similar HB 3095 would bar uninsured motorists from recovering non-economic damages after a collision, with HB 3095 also addressing certain exceptions and limiting economic damages in some cases. Supporters said the measures would encourage insurance coverage and fairness for insured drivers, while opponents argued they would unfairly punish injured people who were not responsible for the lack of insurance, including pedestrians, passengers, children, and others. HB 3095 drew constitutional concerns from witnesses, and the committee later withdrew the committee substitute and left the bill pending; HB 4961 was also left pending after questions about its scope, including passengers. HB 5570 would expand a continuing legal education exemption to attorneys appointed by the governor and confirmed by the Senate who serve on boards or commissions. The author and witness said the bill would free up time for public service while still requiring ethics training. A committee member raised a discrepancy in the number of attorneys covered, and the bill was left pending. HB 2969 would prohibit the State Bar from adopting rules or penalties that unreasonably burden attorneys’ religious exercise or free speech, especially in relation to sincerely held religious beliefs. Supporters framed it as a protection for lawyers of faith against an ABA-style speech code, while no one testified in opposition; the bill was left pending. HB 4260 would prohibit county judges and county commissioners from practicing law in courts over which they have jurisdiction. The author described it as an ethics measure to avoid conflicts of interest, but county officials and the County Judges and Commissioners Association opposed it, saying existing ethics rules already address conflicts and that the bill would impose hardships, especially in rural counties. The bill was left pending. HB 4388 would require all judges, including those who serve only in administrative roles, to remain subject to the Code of Judicial Conduct; supporters said some judges avoid discipline by relinquishing judicial functions, while opponents said the bill was unnecessary and could burden county judges who serve as administrators. It was also left pending. The committee also heard HB 5134, which would limit Rule 202 pre-suit depositions to people who have suffered or reasonably expect to suffer actual damages and allow attorney’s fees against abusive petitioners. The author said the bill would curb harassment and fishing expeditions, but members questioned how the standard would work in practice; the bill was left pending. Finally, HB 3964 would narrow common-law public nuisance claims by barring suits over lawful conduct, conduct already addressed by other remedies, and products, while preserving other causes of action. Supporters said the bill would prevent regulation through litigation and protect legislative authority; opponents said it would eliminate important remedies and that no Texas abuse had been shown. The author indicated he would revise the bill, and it was left pending.
MN

Minnesota 2025-2026 Regular Session

Committee on Human Services - 03/10/25

Human Services

Transcript Highlights:
  • The first is Medicaid dependency and real challenges NEMT providers serve most of the most vulnerable
  • </c> crucial the first is Medicaid dependency crucial the first is Medicaid dependency and<01:02:53.559
  • So it really depends; there is no apples-to-apples comparison from rural to metro, but by and large we
  • </c><01:13:22.560><c> you</c><01:13:22.679><c> know</c> cost down so it really depends you know cost
  • </c> expensive drug have programs depending expensive drug have programs depending on<01:41:32.360><c
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House Human Services Finance and Policy Committee 3/4/25

Human Services Finance and Policy

Transcript Highlights:
  • We have rate increases that are dependent on which provider does the service.
  • And so, as a result, when we have one particular code that's paid, it could pay differently depending
  • on which provider does the are dependent on which provider does the service<00:07:56.440><c> we</c><
  • </c> service we have rate increases dependent service we have rate increases dependent on<00:07:58.240
  • Chair, it sort of depends on what our limited resources are.
Bills: HF1005