Transcript Highlights:

• :32.279><c> of</c> corporations if you own like a share of corporations if you own like a share of stock
• > a</c><00:31:33.679><c> publicly</c><00:31:34.080><c> traded</c><00:31:34.480><c> Corporation</c> stock
• in a publicly traded Corporation stock in a publicly traded Corporation you<00:31:35.360><c> could</

Committee: House Taxes

Transcript Highlights:

• He said New Hampshire has probably some of the oldest housing stock in the country, and many believe
• 03:23:15.120><c> the</c><03:23:15.279><c> oldest</c><03:23:15.760><c> housing</c><03:23:16.160><c> stock
• </c><03:23:16.479><c> in</c><03:23:16.800><c> the</c> some of the oldest housing stock in the some of
• the oldest housing stock in the country<03:23:18.080><c> and</c><03:23:18.479><c> many</c><03:23:18.800
• Um, and quite frankly, many of them look better than some of the existing housing stock we see in our

Committee: House Housing

Transcript Highlights:

• There are not a lot of stock-based or corporate entities.
• There are not a lot of stock-based or corporate entities.
• There are not a lot<00:50:04.480><c> of</c><00:50:04.720><c> stock-based</c><00:50:05.280><c> or</c><
• 00:50:05.520><c> corporate</c> lot of stock-based or corporate lot of stock-based or corporate entities

Committee: Senate Transportation

Transcript Highlights:

• suppose someone is thinking that there's going to be a market correction and they say, let's dump some stocks
• We also look at how the asset class has, let's say, for example, if you're at small-cap stocks, small
• However, the managers that we do have, when we do invest in small cap, our managers who are picking the stocks
• We also look at how the asset class has, let's say, for example, if you're at small-cap stocks, small
• However, the managers that we do have, when we do invest in small cap, our managers who are picking the stocks

Summary: The committee held an orientation for new and returning members of the House committee on agencies and administration, with introductions from members and staff. Chair Carol Maguire outlined her expectations for hearings: keep questions focused on the bill, be respectful to witnesses, and use the committee’s orientation opportunities to learn about the jail staff, retirement system, and Office of Professional Licensure. Members also discussed related assignments on other bodies, including the Joint Legislative Committee on Administrative Rules and the Joint Committee on Employee Classification, and noted that some members already serve on those panels. A substantial portion of the meeting focused on the State Building Code and the committee’s upcoming workload. Members explained how the state code is intended to provide a common baseline while allowing limited local options, and why municipalities must formally adopt and publish any local amendments. They reviewed several anticipated bills: a consolidation bill to gather building-code enforcement materials in one place, a bill to update the state energy code, a bill to restrict municipal adoption of building-code changes, and a bill to update the electrical code. Members also discussed how building codes apply to older homes and commercial buildings, and why code updates are important for safety and clarity. The chair said the committee had 36 bills currently scheduled, including many early bills that must move by March 6 because they will be heard by two committees. She said the committee would use subcommittees for harder bills, with three subcommittees this year: pensions, licensing, and likely state building code. She also outlined the hearing schedule, including lighter bills on February 12 and the expectation of executive sessions later in the month. No votes were taken during the orientation, but members were told that public hearings do not require a quorum and that hard copies of bills would be distributed by committee staff.

Transcript Highlights:

• can imagine on our three-day weekend for us to be able to get this to the printer so you have good stock
• can imagine on our three-day weekend for us to be able to get this to the printer so you have good stock
• This sheet that is being passed around from Attorney Williams on very expensive card stock is who you
• </c><00:19:17.120><c> is</c><00:19:18.120><c> who</c><00:19:18.280><c> you</c> very expensive card stock
• uh is who you very expensive card stock uh is who you need<00:19:18.600><c> to</c><00:19:18.720><c>

Summary: The meeting began with committee process reminders from the chair, including rules for questioning witnesses, time limits for testimony, and how motions and committee reports are handled. The chair also discussed the committee’s history, emphasized a cooperative approach with agencies and the Judiciary, and noted that a special committee on the Family Division of Circuit Court had previously done useful work; he said a new subcommittee could be appointed later to continue looking at judicial-system issues. He also mentioned that the Speaker’s office was expected to name members to the DHHS oversight committee by Friday at 1. The substantive presentation was from the Department of Health and Human Services’ Bureau of Child Support Services. Attorney John Williams introduced the bureau team, and Bureau Chief Lisa Dekowski described the program’s mission: encouraging responsible parenting, family self-sufficiency, and child well-being by locating parents, establishing paternity, setting or modifying support orders, and enforcing court-ordered child and medical support. She said the bureau operates statewide under Title IV-D of the Social Security Act, works with courts, employers, and other partners, and serves both in-state and out-of-state cases, with some international and tribal coordination. She also cited program scale, saying the bureau dispersed about $76 million to families in New Hampshire in fiscal year 2023 and that most collections go directly to families. Members asked about enforcement tools, especially passport denial. In response to a question about a case involving a very small shortfall, the bureau said the federal passport-denial threshold is $2,500 in arrears, not a few cents, and that denial remains in place until the balance is resolved or an arrangement is made with the agency, with hardship factors potentially considered. The bureau also explained that either parent can apply for services when a child support order exists and that the bureau can help initiate income withholding orders. No votes or formal actions were taken during this portion of the meeting.

Transcript Highlights:

• resyndication projects that we really need to move forward on to preserve California's affordable housing stock

Summary: The committee held an outcome review hearing on AB 519, focused on streamlining California’s affordable housing finance system. State housing officials described the work group process and the resulting report, which calls for a consolidated application and coordinated review process across HCD, CalHFA, TCAC, and CDLAC, while preserving a separate direct path for projects that do not need state subsidy. They said the goal is to reduce duplication, align timelines, and get projects to construction faster, with implementation now being carried forward through the new Housing Development Finance Committee (HDFC) and related reorganization changes. Officials from HCD, CalHFA, and HDFC said the new committee launched July 1 and is developing regulations, a unified application workbook, and review procedures, with public comment and hearings planned before final adoption. They emphasized a two-track system: one for projects needing state subsidy and one for tax credits/bonds only. Members also discussed the transition period in 2027, the need to clear existing pipeline projects first, and the possibility of construction financing tools. Committee members raised concerns about transparency, stakeholder feedback, and whether additional statutory changes would be needed; staff said current authority appears sufficient. Affordable housing developers and advocates generally supported the reforms but said the work must go beyond a single application. They urged fully funding projects, simplifying post-award functions, modernizing asset management, preserving a direct path for locally funded and rehab projects, and improving geographic equity, especially for rural and farmworker housing. Several witnesses stressed that the system also needs stable funding, including general fund support and the proposed housing bond, and that the state should continue engaging stakeholders as the new process rolls out. Public comment echoed those themes and included a veteran describing the difficulty of navigating housing and VA-related systems, reinforcing the hearing’s focus on simplifying access to housing resources.

Transcript Highlights:

• Mass Save also benefits our older housing stock that we have here at Metro West through the Lean Multifamily

Committee: Senate Senate Committee on Climate Change and Global Warming

Summary: The committee held a hearing on the value of Mass Save, with opening remarks emphasizing that despite past criticisms the program has delivered major energy, cost, climate, and equity benefits. The chair cited large avoided system costs, strong benefit-cost ratios, and recent legislative changes that set emissions goals, restricted fossil-fuel equipment incentives, and increased focus on low- and moderate-income households. Department of Energy Resources Commissioner Elizabeth Mahoney testified that Mass Save has weatherized hundreds of thousands of homes, reduced bills, avoided emissions, and that the current plan includes budget controls after the DPU ordered $500 million removed from the approved budget. She said the governor’s proposal to have only electric utilities administer the program was intended to reduce administrative costs and align with current implementation trends. Members questioned Mahoney about what counts as marketing and administration, and she said the category includes traditional advertising as well as community-based outreach, customer resource centers, and other customer engagement work, much of it in low- and moderate-income communities. She said administrative and marketing costs are under 5% of the budget, while more than 80% goes to incentives and direct program delivery. Several witnesses then focused on workforce and contractor impacts. Dave Betcher of Abode Energy Management and Rick Taglienti of Rogers Insulation said Mass Save sustains small businesses, creates careers, and supports thousands of jobs; both warned that budget cuts would reduce hiring, training, and work in homes and businesses. They also described a broad ecosystem of suppliers, trainers, and service providers that depends on stable program funding. Other witnesses addressed cost-effectiveness, affordability, and emissions. Anna Johnson of ACEEE said Massachusetts remains a national leader, with Mass Save returning about $2.80 per dollar invested, reducing peak demand, and lowering bills for participants, especially through weatherization and heat pumps. Kyle Murray of Acadia Center said the program is statutorily required to be cost-effective and has avoided billions in supply and infrastructure costs for all ratepayers, including nonparticipants, by lowering overall demand and peak prices. Amy Boyd-Rabin of the Environmental League of Massachusetts argued that efficiency is the cheapest way to meet climate targets and that cutting the budget would force more expensive power generation. The hearing also featured testimony on equity and housing: Mary Wampo described historic under-service to renter-heavy and lower-income communities and said recent reforms, including designated equity communities and performance incentives tied to equity, are helping correct that imbalance; Brian Biot and James Collins of LEAN/ABCD described low-income delivery systems and wraparound services; Barney Heath and John Nannari said Mass Save incentives are essential to affordable housing, passive house construction, and keeping projects on time and on budget. The final witnesses highlighted Connected Solutions and electrification: Sunrun’s Bronte Payne said the virtual power plant program saved more than it cost and helps avoid peaker plants and grid upgrades, and Highland Electric Fleets’ Ben Sondaga said electric school buses can provide similar grid benefits while lowering transportation costs for districts.

Transcript Highlights:

• Bus and Bus Facilities grant allows transit agencies to purchase, rehab, retrofit transit rolling stock

Committee: House Transportation

Transcript Highlights:

• Bus and Bus Facility Grant allows transit agencies to purchase, rehab, retrofit transit rolling stock

Summary: The House Transportation Committee held a work session focused on Climate Commitment Act transportation spending and electrification programs. Staff first reviewed overall CCA transportation allocations, saying about $2.2 billion has been allocated over three biennia, with major categories including public transportation, active transportation, ferry electrification, zero-emission vehicle programs, rail/ports, and planning. Members asked for additional breakdowns comparing CCA dollars with total program costs across categories. The Department of Ecology presented on the zero-emission school bus grant program. Ecology said the program was codified in 2024 and supports the transition from diesel to electric school buses, including buses, charging infrastructure, and training. For 2025-27, Ecology received $38.3 million in CCA funding; $21.4 million is already obligated or spent, replacing 91 diesel buses in 28 districts, with the rest to be awarded by the end of the biennium. Members asked about cost parity, exemptions for rural and extracurricular routes, health data, and whether the funding covers chargers as well as buses. Ecology said OSPI is developing the parity formula and exemptions are available when electric buses cannot meet district needs. The Department of Commerce described its clean transportation role, including EV rebates, tribal charging and electric boat projects, and the EV Coordinating Council. Commerce said its rebate program was designed to lower monthly costs and prioritize low-income households, with 89% of recipients saying the rebate was essential to their purchase. It also reported strong demand for charging grants, progress on tribal projects, and concerns about utility interconnection timelines, vandalism, and range anxiety. The Department of Enterprise Services reported on state agency EVSE projects, saying it has completed 82 sites with 567 Level 2 ports and 46 DC fast chargers, and that current projects will add 152 more Level 2 ports; members asked about replacing aging chargers and the state’s EV fleet purchasing mix. WSDOT closed with updates on charging, transit, and port electrification. It said its corridor charging program has awarded 23 sites this biennium, with 13 in overburdened communities and five tribal sites, and that the Washington Zero Emission Incentive Program opened with $112 million for vouchers for zero-emission commercial vehicles and equipment. WSDOT also described transit grants, including bus and bus facility funding, commute trip reduction, paratransit, tribal transit, and zero-emissions access car-share projects. The rail freight and ports division reported $89.8 million for port electrification projects, including shore power and drayage trucks, but noted only about 10% has been spent so far because projects are still in design and permitting. Members raised concerns about funding gaps, supply-chain delays, utility capacity, and whether the programs are sufficient to meet broader electrification needs.

Transcript Highlights:

• Mass Save also benefits our older housing stock here at Metro West through the Lean Multifamily Program

Committee: Senate Senate Committee on Climate Change and Global Warming

Transcript Highlights:

• services programs, which included case management, nutrition counseling, home-delivered meals, pantry stocking

Transcript Highlights:

• that prohibits the Public Safety Personnel Retirement System from owning more than 5% of the voting stock

Committee: House House Ways & Means Committee of Reference

Summary: The House Ways and Means Committee considered several Senate bills dealing largely with cryptocurrency, county tax liens, and tax conformity. SB 1042 would allow state retirement systems to invest up to 10% in virtual currency holdings, and SB 1043 would let state agencies accept virtual currency payments through agreements with providers; both were described as permissive rather than mandatory and were returned with due pass recommendations on 5-3 votes. Members expressed caution about volatility and government involvement in digital assets, but supporters said the bills simply create options and could improve efficiency. The committee then took up SB 1067, which addresses county cleanup assessments for blighted properties in unincorporated areas. Chairman Olson offered an amendment removing the bill’s original mechanism for placing the assessment directly on the property tax bill, while preserving the lien so it survives a tax lien sale. County officials and the County Supervisors Association testified in support, saying counties currently absorb cleanup costs for hazardous properties and the amendment would help make counties whole without broadening property tax use. The amendment was adopted and the bill was returned with a due pass as amended recommendation on an 8-0 vote. SB 1180, on Department of Revenue tax conformity forms and instructions, prompted extended debate over whether DOR should presume conformity with federal tax changes and how to avoid an automatic tax increase without legislative action. Chairman Olson’s amendment would have DOR presume conformity only when federal changes reduce income or tax liability, while nonconformity would be presumed for increases; the sponsor said he wanted the bill to move but did not prefer the amendment. The amendment and the bill as amended both passed 5-3, with members noting the issue needed further work and clearer statutory language. SB 1221, requiring DOR to notify legislative tax chairs before new interpretations that adversely affect taxpayers and to testify if asked, also passed 5-3 after adoption of an intent-clause amendment. SB 1292, clarifying PSPRS’s 5% voting-stock cap applies to publicly traded corporations, passed unanimously, and SCR 1033, a nonbinding resolution encouraging retirement systems to monitor digital asset ETFs and report back before the next session, passed 5-3. SB 1503 was held at the sponsor’s request, and the committee adjourned at the end of the agenda.

Transcript Highlights:

• that prohibits the Public Safety Personnel Retirement System from owning more than 5% of the voting stock

Bills: SB1042 , SB1043 , SB1067 , SB1180 , SB1221 , SB1292 , SB1503 , SCR1033

Committees: House Ways & Means , House House Ways & Means Committee of Reference

Keywords: public funds, virtual currency, bitcoin, investment, Arizona Strategic Digital Asset Reserve Act, state treasurer, retirement system, state payments, cryptocurrency, Arizona law, payment methods, government transactions, tax lien, property tax lien, real property tax lien, foreclosure, right of redemption, redeem, excess proceeds, county abatement lien

Transcript Highlights:

• The founders put great stock in this two-step and very open public appointment process.

Committee: House State Affairs

Transcript Highlights:

• And you can invest it into money market cash accounts, not in securities, not in the stock market, but

Transcript Highlights:

• board of investors the duty to investigate, manage, and administer all monies, real property, assets, stocks

Committee: House Rules

Transcript Highlights:

• And we have also some of the oldest housing stock that requires weatherization and continues to displace

Summary: Rep. Athena Hollins and Sen. Ann Johnson Stewart introduced Minnesota’s proposed climate superfund bill, describing it as a way to make major historical greenhouse gas polluters help pay for climate adaptation and infrastructure repair. They said the bill would target large fossil fuel corporations with significant emissions and use the revenue for projects such as stormwater upgrades, bridge and roof protection, erosion control, drinking water protection, cooling cities, and other resilience work. Both lawmakers framed the proposal as a matter of accountability and fairness, arguing that Minnesotans should not keep paying for damage caused by companies that profited from fossil fuel pollution. Several supporters testified in favor of the bill, including St. Paul City Council Vice President Nyang Kheimey, former legislator and medical student Hunter Cantrell, Unidos Minnesota volunteer Bonnie Becol, and 100% Minnesota’s Aurora Vautrin. They emphasized local climate impacts such as flooding, wildfire smoke, extreme heat, emerald ash borer damage, asthma, and infrastructure failures, and said the costs are increasingly falling on taxpayers, local governments, and vulnerable communities. Kheimey highlighted municipal needs and St. Paul’s own climate investments, while Cantrell focused on environmental racism and health harms, and Becol and Vautrin stressed species loss, community recovery costs, and the burden on residents. In the question-and-answer portion, Hollins and Johnson Stewart explained that the bill would apply to fossil fuel corporations with at least 1 billion metric tons of carbon emissions and a nexus to Minnesota, not local utilities. They said the State Auditor’s office would determine the assessments owed by companies, while the Minnesota Pollution Control Agency would hold the fund and administer grants. They also said they were looking to models in Vermont and New York and hoped the proposal could attract bipartisan support because it is tied to affordability and shifting costs away from taxpayers and onto polluters. No vote or formal committee action was taken in the transcript, and the event ended with the sponsors opening the bill to questions.

Transcript Highlights:

• regarding horses, mules, and cattle; repealing Section 40-2314, Idaho Code, relating to passageways for stock

Transcript Highlights:

• And the tribe co-manages those stocks with Idaho Fish and Game. With Idaho Fish and Game.

Summary: The committee heard budget presentations and questions for the Idaho Department of Fish and Game, the Office of Species Conservation, and the Office of the Attorney General. Fish and Game’s budget was described as largely dedicated and federal funding with no general fund support, with discussion of ongoing and one-time enhancements for fisheries inflation, habitat projects, Good Neighbor Authority work, depredation claims, chronic wasting disease testing, and communications. Director Jim Fredericks also reviewed the new nonresident tag draw system, access challenges on private lands, and the department’s role in habitat work and species management. Members raised concerns about depredation claim shortfalls, survey and advisory committee processes, predator management, and the overlap between Fish and Game and the Office of Species Conservation on habitat and endangered species work. The Office of Species Conservation presentation focused on its role coordinating state actions for threatened, endangered, and candidate species, mostly through federal and miscellaneous revenue funds. Administrator Mike Edmondson explained that the office often serves as the policy and administrative lead while Fish and Game carries out much of the field work, and he described metrics for sage grouse, salmon and steelhead, and grizzly bear-related efforts. He also said the office has been working with the Department of Energy and Mineral Resources on a possible merger, with some staff reductions under consideration, and answered questions about grizzly bear delisting, wolf litigation, and tribal consultation. Attorney General Raul Labrador then argued that his office has produced significant results without asking for new money, but said the committee’s proposed reductions would force furloughs or position cuts and asked for $980,000 to be restored. He highlighted the ICAC unit’s elimination of a cyber-tip backlog, increased arrests, consumer protection recoveries, and expanded appellate and civil litigation work defending state laws. Members asked about the source of recovered funds, the office’s flexibility to absorb cuts, and whether the state could work on a framework to transfer incarcerated undocumented offenders to federal custody for deportation. The committee ended by noting upcoming budget-setting work and adjourned until the next morning.

Transcript Highlights:

• we're putting a scenario in where a creditor could be put as priority over you and you think you own stock

Bills: HB1453 , HB2933 , HB2941 , HB2945 , HB2959 , HB3087 , HB3094 , HB3297 , HB3298 , HB3319 , HB3321 , HB3386 , HB3453 , HB3471 , HB3505 , HB3510 , HB3544 , HB3549 , HB3652 , HB3727 , HB3791 , HB3845 , HB3906 , HB4119 , HB4125 , HB4126 , HB4198 , HB4236 , HB4425 , HB4343 , HB4094 , HB3407

Committee: House Civil Judiciary