Transcript Highlights:

• Next we'll go back up to Senate Bill 2706, professional engineers and surveyors revised code sections
• Next we'll go back up to Senate Bill 2706, professional engineers and surveyors revised code sections
• The real estate is not always tied up with that loan.
• Next we'll go back up to Senate Bill 2706, professional engineers and surveyors revised code sections
• in which a consumer, a um in real estate in which a consumer, a potential<00:15:22.959> buyer

Keywords: Business and Financial Institutions - Room 210; 28 January, 2026: 2:00 PM, 925, all

Summary: The committee took up several banking, real estate, and licensing bills. Senate Bill 20007 would remove the repeal date for Mississippi Department of Banking and Consumer Finance authority to conduct joint bank exams with the Federal Reserve, after testimony that the program has been successful; it was passed out on a do-pass motion. Senate Bill 2011, extending the repeal date for the Mississippi Debt Management Services Act by three years, was also passed out. Senate Bill 2383, a banking modernization bill, was explained as updating definitions and procedures, including treating ITMs like ATMs, allowing state banks to approve dividends without prior regulatory approval if in good standing, streamlining articles-of-incorporation amendments by making the banking commissioner the final approver, and eliminating parity-request requirements for certain public welfare investments; it was passed out as a committee substitute. The committee then considered Senate Bill 2711, which would update residential mortgage lending recordkeeping and disclosure language under the SAFE Act to remove obsolete federal references and better fit manufactured-home lending; it was passed out as a committee substitute. Senate Bill 2706, a professional engineers and surveyors bill, was described as a reorganization and modernization of licensure statutes, with the main policy change expanding who may recommend board appointments, staggering six-year terms, and barring recent disciplinary offenders from board service; after questions about appointment advice-and-consent and term length, it was passed out as a committee substitute. Senate Bill 2713, supported by the Mississippi Association of Realtors, would codify buyer agency agreements and move the required signing deadline from before a home is shown to before an offer is submitted; it was passed out. Senate Bill 2748 would align real estate statutes with current rules, replace certified-mail renewal notices with email notices, and extend the earnest-money submission deadline from one business day to two; it was passed out as a committee substitute. Senate Bill 2715, from the Department of Banking and Consumer Finance, would clarify the new money transmitter law, direct collected fees and penalties to enforcement of the act, add consumer notices and fraud warnings, and create data-security requirements based on a model law; senators questioned the fund balance, annual budget, and the relationship to a separate virtual currency kiosk bill, but the bill was passed out. The final bill on the agenda, 2768, was postponed to the committee’s Monday meeting, and the committee then rose and reported.

Transcript Highlights:

• came and inspected and saw that the wall that I bought the home with was in violation of building code
• Tear it down in 30 days and build it back up to building code.
• by code enforcement, and also registering opposition for rural county representatives of California.
• Clare Sullivan, on behalf of the City of Thousand Oaks, echoing the concerns of code enforcement.
• The Government Code refers to site improvements as a potential or actual governmental constraint that

Summary: The Assembly Local Government Committee heard a long agenda of local government, housing, transportation, and public safety bills. Early items included SB 762, which would give certain local governments a voter-approved path to seek additional local sales tax authority to address fiscal pressures; SB 1400, which would modernize Alameda Health System governance and give Alameda County more flexibility and oversight; and SB 1408, which would authorize Contra Costa County to place a renewal of its transportation sales tax on the ballot. Supporters for those bills included local officials, county representatives, labor groups, fire and police organizations, and transit advocates, while no organized opposition was presented on those measures in committee. The committee also heard SB 1272, which would give homeowners more time to correct certain inherited code violations and allow an affidavit process for buyers who did not know about the violation at purchase. The bill drew support from the California Apartment Association and opposition from code enforcement and county groups, who argued it would reduce local enforcement discretion and create health and safety risks. After questions about disclosure and enforcement, the committee approved SB 1272 as amended and re-referred it to Appropriations. SB 1055, dealing with procurement flexibility for Pajaro flood control and levee repairs, also passed as amended and was sent to Appropriations. Later, the committee approved SB 1379, which would separate the Riverside County Sheriff-Coroner and create an independent medical examiner system. The author and supporters argued the change was needed for transparency and independence in in-custody death investigations, while opponents raised labor, cost, and governance concerns; some opposition was softened after the author agreed to employee-protection amendments. The committee also passed SB 1172, limiting consultant compensation and adding transparency rules for local tax-sharing agreements, and several housing bills from Senator Grayson: SB 1003 on pro-housing infrastructure financing districts, SB 1014 on early disclosure of infrastructure requirements for housing projects, and SB 1169 on extending tentative vesting map validity. The committee took votes on consent items and later add-ons, with most measures passing on bipartisan or unanimous votes and several being re-referred to Appropriations or Housing and Community Development as appropriate.

Transcript Highlights:

• You've probably read about Florida, California, Texas, and some of the Eastern Seaboard states.
• You've probably read about Florida, California, Texas, and some of the Eastern Seaboard states.
• A neighborhood, for example, is defined as Leilani Estates, not Ainaloa Estates or Hawaiian Beaches,
• Leilani Estates Leilani Estates not<00:30:28.760> of<00:30:28.960> Al<00:30:29.600
• of Al Estates or Hawaiian beaches not of Al Estates or Hawaiian beaches Hawaiian<00:30:32.200> Shores

Keywords: 910, house, all

Transcript Highlights:

• So all this, what the current tax code says is look, there's an offset here.
• our accountability system, we had the opportunity in Oklahoma to ensure that no matter what your zip code
• We are the 17th most regulated state with 142,313 regulatory restrictions in our administrative code
• If you drink, you can't even sign a real estate agreement.
• The first one was in the state of Texas. The last one was in Florida.

Bills: SB1627, SB227, SB366, SB1193, SB1433, SB1450, SB1481, SB1749, SB1810, SB1812, SB1921, SB1948, SB2044, SB2178, SB169, SB1877, HB1409, SB1266, SB1432

Keywords: criminal code cleanup, duplicate statutes, statutory consolidation, repealer bill, emergency clause, Title 21 crimes, Title 47 DUI, child abuse reporting, child neglect, child sexual abuse material, child pornography, sex offenses, rape, stalking, domestic abuse, domestic violence, human trafficking, sex trafficking, gang-related offense, eluding police

Transcript Highlights:

• Texas to your east and Arizona to your west.
• Texas has lower payouts.
• Texas and green at the bottom.
• Actually, this is Texas data.
• I have studied Texas very closely.

Transcript Highlights:

• Code of speech, a laptop running press.
• <00:54:33.920> What codes, and commercial regulation.
• What codes, and commercial regulation.
• , other states, Utah, Louisiana, Texas, other states, Utah, Louisiana, Texas, who<02:19:21.120>
• <02:33:26.800> act, the age appropriate design code act, the age appropriate design code act

Keywords: 1189, house, all

Transcript Highlights:

• Thank you. 38-year real estate broker and my 38-year real estate broker and my experience<00:13:10.160
• and elective courses to real estate and elective courses to real estate agents<00:13:23.839>
• four-year term on the Real Estate four-year term on the Real Estate Commission.<00:13:29.280>
• ongoing discussion at the Real Estate ongoing discussion at the Real Estate Commission<00:16:33.360
• Kahui to the Real Estate Commission. Real Estate Commission. Thank you very much.

Keywords: 912, senate, all

Summary: The Senate Commerce and Consumer Protection Committee heard and considered a long list of Governor’s messages for appointments to state boards and commissions, including the Board of Dentistry, Barbering and Cosmetology, Speech Pathology and Audiology, Motor Vehicle Industry Licensing Board, Elevator Mechanics Licensing Board, Real Estate Commission, Board of Naturopathic Medicine, State Boxing Commission, Board of Professional Engineers, Architects, Surveyors and Landscape Architects, Hawaii Medical Board, Board of Physical Therapy, Board of Pharmacy, and the Public Utilities Commission. Most nominees and supporting agencies testified in support, and many nominees simply stood on their written testimony. Several nominees also answered questions about their experience and the issues facing their boards, including dental insurance and Medicaid concerns, condo and real estate disputes, pharmacy regulation and telepharmacy, boxing and MMA rule updates, and medical board service in rural areas. The committee discussed some contested or notable nominations in more detail. Richard Emery’s nomination to the Real Estate Commission drew opposition testimony tied to a condo management dispute, and he responded by emphasizing the need for factual evidence, mediation and complaint data, and better consumer education. Trinette Kahui and Andrea Ushijima were also nominated to the Real Estate Commission, with broad support. For the Boxing Commission, Robin Jumawan described ongoing statutory updates, MMA-related work, and delegation of amateur boxing rules. For the Hawaii Medical Board, Elizabeth Ignacio was strongly endorsed by state and industry witnesses as highly qualified and familiar with rural health issues, while Rebecca Sawai also received support from the board and Kaiser Permanente. In the decision-making portion, the committee moved to advise and consent to nearly all nominees on the agenda. Senator McKelvey stated reservations about Richard Emery due to opposition and possible conflicts, and also about nominees who were not present at the hearing, specifically Corrine Muldrow Soto and Stacie Kealoha Inouye; Senator Lamasao also noted reservations on those absent nominees. The chair disclosed personal acquaintance with Dr. Sawai and Andrea Ushijima. The committee then voted to adopt the recommendations, with the noted reservations and one no vote on GM 697 reflected in the record, and later reconvened to take up Governor’s Message 514/515 for John Etemura as chairperson of the Public Utilities Commission, where additional support testimony was heard from the Governor’s office, DCCA, and former consumer advocacy staff.

Transcript Highlights:

• <00:22:32.720> foreclosure in uh the real estate foreclosure in uh the real estate foreclosure
• <00:32:54.720> foreclosure series of real estate foreclosure series of real estate foreclosure
• 1.30 of the code of ethics. 1.30 of the code of ethics.
• <01:38:42.400> of which is a violation of our code of which is a violation of our code of
• I apologize for starting it. estate agent, uh maybe uh you've seen estate agent, uh maybe uh you've seen

Keywords: 1187, senate, all

Transcript Highlights:

• You can get that nine-digit ZIP code using a street address and a five-digit ZIP code.
• code.
• > and address and a five-digit zip code and address and a five-digit zip code and this<00:15:20.199
• :28.480> instead rate for the five-digit zip code instead rate for the five-digit zip code instead
• that the estate recapture tax is not due.

Keywords: 1183, house

Transcript Highlights:

• I wanted to have a bill that puts it into code.
• But at least it's in code.
• In the code that you wrote.
• “Code that needed to be addressed.
• Nice crash course in some real estate issues there.

Keywords: 908, all

Summary: The committee opened with roll call and a review of special-session procedure: bills would be heard in filing order, with related school-lunch bills grouped together, and any bill advancing would require a motion, second, and majority vote to be introduced. Members also discussed that the committee was functioning much like a delayed-bills committee, with final referral to either Appropriations or Policy depending on the bill’s fiscal impact. The first major proposal was Senator Schibley’s bill to create a narrow, statewide Bank of North Dakota bridge-loan program for struggling nonprofit medical facilities, prompted by Jacobson Memorial Hospital’s financial crisis. He argued the hospital and surrounding EMS services could close without short-term help, while committee members questioned the added language, the population cap, the $10 million fund with $5 million per applicant limit, and whether the program could open the door to future requests. Representative Headland then presented two cleanup bills from the prior property-tax session: one to fix notice and tax-certification issues for local taxing districts, and another to correct how the primary residence credit is applied so taxpayers receive the full benefit rather than counties retaining part of the reimbursement. Members asked about township hearing timing, the estimated $10–15 million annual impact, and whether the credit issue could be fixed retroactively; Headland said the bill was intended to correct the problem going forward. Three school-lunch bills drew extensive discussion. Representative Vetter proposed a small administrative appropriation to add an FTE to help eligible families enroll in the existing free/reduced lunch program, saying the goal was to ensure needy children are signed up and that the state should not subsidize meals for wealthy families. Representative Nathe offered a broader bill mirroring the pending initiated measure but placing the program in statute instead of the Constitution, moving implementation up a year, and funding it with a one-time $65 million from the strategic investment fund; he said this would preserve legislative flexibility and avoid constitutional entrenchment. Representative Dressler proposed raising the state-funded eligibility threshold from 225% to 300% of poverty, arguing it would expand access while still preserving federal reimbursements and encouraging better enrollment systems. Members debated costs, future budget pressure, whether the bills set a precedent for responding to ballot measures, and whether the program should include breakfast and other operational details. Other proposals included Senator Powers’ bill to create a hyperbaric oxygen board and support rural access to hyperbaric chambers for wounds, concussions, PTSD, and other conditions; Representative Tolman’s reporting-requirements bill to force new or expanded programs to justify purpose, alternatives, evaluation methods, and full implementation costs; Representative Frelich’s bill addressing the ongoing redistricting litigation and what happens if the Supreme Court or lower courts alter the current map; and a bill requested by the Public Service Commission and ITD for FERC litigation support and ADA website/document compliance. The committee also heard a rural-health eligibility bill from Representative Twait aimed at steering federal rural health dollars toward rural providers, with questions focused on whether the mileage limits would exclude some communities. One Holocaust education item was deferred until the sponsor could be located.

Transcript Highlights:

• Committee Substitute for House Bill 4850, providing online training for executors, executrices of an estate
• Committee Substitute for House Bill 4850, providing online training for executors, executrices of an estate
• Committee Substitute for House Bill 4850, providing online training for executors, executrices of an estate
• This bill modifies a section in the motor vehicle code concerning the approval, design, production, and
• House Bill 5067 is a bill requested by the Department of Homeland Security to update the code to reflect

Keywords: 994, senate, all

Summary: The Senate opened with prayer, the Pledge of Allegiance, journal approval, and numerous guest introductions, including students, coaches, visitors from West Virginia universities, and representatives of Hunger Free West Virginia and Mountaineer Food Bank. The chamber also recognized Hunger Free West Virginia Day and heard remarks highlighting food insecurity efforts and a company working on pharmaceutical manufacturing and sickle-cell treatments. Senate Resolution 60 honoring Hunger Free West Virginia Day was adopted, while Senate Resolution 61 urging reversal of Obergefell was held over and Senate Concurrent Resolution 7 on the Southern West Virginia water crisis was referred to the Rules Committee. The Senate concurred in House amendments and passed several measures, including Senate Bill 467 on enforcement of Purple Heart parking spaces and Senate Bill 712 on cattle guards on certain public roads, with both made effective from passage. The body also passed Senate Bill 844, a supplemental appropriation to the Department of Human Services, and Senate Bill 87, a supplemental appropriation to the Department of Commerce, both with immediate effectiveness. In addition, the Senate advanced a large number of House bills and committee substitutes on first or second reading, including measures on government organization, judiciary, transportation, workforce, and health-related topics. On third reading, the Senate passed a series of bills covering a wide range of policy areas. These included the Blue Envelope Program for drivers with autism, dementia, or developmental disabilities; coverage for scalp cooling systems during chemotherapy; expanded sex-offender registration for certain offenses; child welfare clothing allowances; school personnel misconduct reporting; age verification for online sexual content; free Gold Star license plates for parents; sanitarian training and licensure changes; sheriff hiring authority; organ donor registration through voter registration; a Cold Case Task Force; abandoned vehicle title procedures; continuing education in nutrition for physicians; special plate rules; gift card fraud crimes; protections for athletic officials; school personnel reassignment rules; Homeland Security administrative updates; pharmacy benefit manager regulation; the VAPE Safety Act after a strike-and-insert amendment; parole supervision fee increases; partial service credit for disabled troopers; state property valuation reporting changes; and quarterly Hope Scholarship payments. Most of these bills passed overwhelmingly, often 34-0, with a few narrower votes such as the organ donor bill passing 30-4 and the school personnel movement bill passing 33-1.

Transcript Highlights:

• Our estate in the state of Minnesota.
• <00:46:18.000> affects in commercial real estate affects in commercial real estate affects
• self-employed local real estate self-employed local real estate developer<00:46:51.520> and<00
• real estate real estate development.<00:49:07.920> I'm<00:49:08.160> here<00:49:08.319
• won't even have um paid any real estate won't even have um paid any real estate tax<01:08:58.159

Keywords: 1187, senate, all

Transcript Highlights:

• This is HB 259 related to real estate.
• This bill prohibits real estate brokers from marketing the sale of residential real estate to a limited
• c> Commission<00:24:23.040> in DCCA Hawaii Real Estate Commission in DCCA Hawaii Real Estate
• Next item on the agenda is HB 259 related to real estate. HB 259 related to real estate.
• 259 related to real estate. 259 related to real estate.

Bills: HB1743, HB2122, HB1756, HB1837, HB1729, HB2559

Keywords: owner-builder, exemption, housing crisis, contractor, leasing restrictions, affordable housing, construction, regulations, teacher housing, housing vouchers, teacher retention, Hawaii Department of Education, hard-to-staff schools, housing, first-time home buyers, savings account, tax deductions, homeownership, savings accounts, tax deduction

Summary: The House Housing Committee heard testimony on several housing-related bills. HB 1743 would expand the owner-builder exemption by repealing a leasing restriction and requiring notice when a leased residential structure was built by an unlicensed contractor. Subcontractors Association of Hawaii and the Contractors Licensing Board opposed the bill, warning it could encourage unlicensed contracting and weaken consumer protections, while Hawaii Realtors, Housing Hawaii’s Future, Grassroot Institute of Hawaii, BIA Hawaii, and others supported it as a way to increase housing flexibility. After questions about whether licensed electrical and plumbing work would still be required, the committee voted to pass HB 1743 with amendments and a defective date. The committee also heard and advanced HB 2122 HD1 on teacher housing, which would create a teacher housing assistance program using vouchers from the teachers housing revolving fund. Testimony included support from the Chamber of Commerce of Hawaii, Housing Hawaii’s Future, the Democratic Party of Hawaii Education Caucus, and individuals, with the Office of Collective Bargaining in opposition and the Department of Education offering comments. The bill was voted out as is. The committee then considered HB 1756 and HB 1837, both updating the individual housing account program to reflect current housing prices; supporters including Housing Hawaii’s Future and the Office of Hawaiian Affairs said the limits were outdated and needed inflation adjustments, and HB 1756 was passed with amendments while HB 1837 was deferred as nearly identical. HB 1729 would disallow the state home mortgage interest deduction for second homes. Hawaii Realtors opposed it, while Housing Hawaii’s Future supported it as a way to prioritize first-time homebuyers and reduce competition from second-home buyers. The chair noted a possible revenue savings estimate and the committee passed the bill with amendments, with several reservations. Finally, HB 2559 would prohibit real estate brokers from marketing residential property to limited exclusive groups of buyers, which the Office of Consumer Protection said needed an enforcement clarification and the Realtors said could affect some legitimate private-listing situations. The chair proposed replacing the outright ban with a disclosure requirement for private listings, and the committee passed HB 2559 with amendments. The hearing then adjourned after the chair thanked members, staff, and the public.

Transcript Highlights:

• For many families, paying real estate taxes with that income is almost impossible.
• median senior income in the south end was seventy one thousand dollars for many families paying real estate
• taxes with that income is almost impossible For many families, paying real estate taxes with that income
• pressure on individual homeowners; five, address discrepancies in property insurance rates by zip codes
• pressure on individual homeowners; five, address discrepancies in property insurance rates by zip codes

Keywords: 995, all

Summary: The Joint Committee on Revenue held a hearing on bills related to senior and disability property tax relief, with a focus on helping older adults and people with disabilities remain in their homes. Testimony supported H. 3968, which would make certain senior and disability property tax exemptions permanent so eligible residents would not have to refile annually, and H. 3198, which would expand the senior circuit breaker tax credit by indexing income and credit limits to cost of living and raising the home valuation cap from $1.1 million to $1.5 million. Representative Scanlan also testified in favor of several additional bills, including a local option motor vehicle excise tax exemption for low-income seniors and veterans, a local property tax cap for low-income seniors, an expanded senior property tax exemption, and a senior property tax deferral program designed to be revenue neutral over time. Witnesses from the City of Boston, the Massachusetts Municipal Association, and the Massachusetts Association of Assessing Officers generally supported local-option property tax relief measures and said they would help seniors age in place while giving municipalities flexibility. Committee members raised concerns about possible abuse or fraud if exemptions became permanent, and about how assessors would verify continued eligibility without annual reapplication. Supporters responded that eligibility could still be tied to real estate transactions and other documentation, and that the current annual filing requirement causes many eligible seniors to miss out on benefits. Mass Senior Action Council members testified that many seniors are struggling with rising property taxes, insurance, and other costs, and urged broader reforms such as freezing assessed values, improving outreach, strengthening the work-off program, and allowing more flexible payment or deferral options. No votes were taken; the hearing concluded after testimony and questions.

Transcript Highlights:

• so I would be more looking at this code so I would be more comfortable<00:14:51.160> signing<
• fluctuation in financial and real estate fluctuation in financial and real estate markets<00:33:
• Clarity regarding the real estate tax issue would be a great benefit to future landowner decisions.
• Clarity regarding the real estate tax issue would be a great benefit to future landowner decisions.
• As many of you may know, Minnesota has a huge marriage penalty built into our tax code.

Bills: HF1698, HF632, HF1352, HF2197, HF618, HF1248, HF1697

Keywords: property tax, exemption, leased land, public use, commercial property, HF632, Minnesota property tax, conservation easement, conservation restriction, assessed value, property valuation, tax assessment, real property, land conservation, farmland preservation, natural areas, riparian buffer, water quality, water quantity, county assessor

Transcript Highlights:

• House Bill 3464 ensures projects or Code enforced by NFPA 855 or IFC, House Bill 3464 demands training
• They want to practice in Colorado, Texas, Florida, or Nebraska.
• But these are all fairly common things that you will find in municipal codes.
• There will be code enforcement paperwork.
• I can tell you I've owned and still own commercial real estate in an area that has a ton of homeless

Bills: HB2268, HB3000, HB3043, HB3066, HB3078, HB3143, HB3144, HB3244, HB3298, HB3320, HB3467, HB3321, HB3329, HB3431, HB3464, HB3499, HB3500, HB3586, HB3590, HB3650, HB3671, HB3695, HB3700, HB3701, HB3764, HB3767, HB3834, HB3931, HB3934, HB3940, HB3944, HB3979, HB3985, HB4113, HB4294, HB4302, HB4317, HB4324, HB4359, HB4426, HB4427, HB4430, HB4431, HB4434, HJR1077, SR42, SR35, HJR1023, HB1225, HB1374, HB1381, HB1590, HB1675, HB2153

Keywords: HB2268, Oklahoma Health Care Authority, OHCA, appropriation, General Revenue Fund, PACE, Programs of All-Inclusive Care for the Elderly, elderly care, aging Oklahomans, long-term care, Medicaid, health care funding, provider reimbursement, rate increase, low-income seniors, senior services, integrated care, emergency measure, cosmetology, barbering

Transcript Highlights:

• THANK YOU. >> Chair McClain: CODE DEBATE. YOU ARE RECOGNIZED CLOSE ON YOUR BILL. >> Sen.
• THIS IS NOT A REAL ESTATE BILL.
• MY INTEREST IS ON THE REAL ESTATE ISSUE IN THE NEIGHBORS.
• IS CONSISTENT WITH THE INTERNATIONAL CODE AS IT RELATES TO TIMBER.
• THIS BILL IS UNNECESSARY AND WILL HARM OUR TOURISM FISHING AND REAL ESTATE INDUSTRIES.

Keywords: 999, senate, all

Transcript Highlights:

• Agency code 337 will be located behind tab 3 in your binders.
• There's the Texas Permanent Fund and the Alaska Permanent Fund.
• That's agency code 366 behind tab 3.
• When we have real estate professionals that could have told you what to do in a New York minute on taking

Keywords: 996, all

Transcript Highlights:

• thing to know about the real estate thing to know about the real estate transfer<00:46:37.920>
• that's helpful to drive the real estate that's helpful to drive the real estate transfer transfer
• We have good real estate seasons and slower real estate seasons.
• seasons and slower real good real estate seasons and slower real estate<01:09:49.159> Seasons
• We pick an Internal Revenue Code, and that's the Internal Revenue Code that we follow.

Keywords: 928, house, all

Summary: The committee meeting began with an overview from the Legislative Budget Assistant Office on how Ways and Means will work with agencies and leadership during the budget and revenue-estimating process. Staff explained that the governor’s budget is still being developed, agencies are cautious about going on record early, and the committee will use worksheets and updated fiscal reports to track estimates. The presentation emphasized that the fiscal year 2025 budget status is a point-in-time snapshot and remains fluid because the annual comprehensive financial report has been delayed, which could change the beginning balances for both the general fund and education trust fund. The budget update highlighted that the general fund is currently stronger than originally assumed, while the education trust fund is weaker. The speaker said the general fund began FY25 with a much larger balance than expected, while the education trust fund came in lower due to higher-than-budgeted adequacy spending and weaker business tax performance. Revenue trends showed the general fund slightly ahead year to date, but the education trust fund down significantly. The committee also discussed unbudgeted appropriations, including attorney general litigation, legal settlements, abandoned property claims, adequacy true-ups, and education freedom accounts, as well as the role of lapses and off-budget items in the final balance. Members asked about the delayed liquor commission audit and whether it could affect revenue forecasts. Staff said the delay was mainly caused by the commission’s switch in point-of-sale systems and staffing losses, but did not expect major ongoing reporting issues. They also noted that liquor fund variances are more likely tied to Medicaid expansion costs than to commission operations. The governor’s office was said to be working on possible budget reductions, but no January request to the fiscal committee was expected. Commissioner Lindsay Stepp of the Department of Revenue Administration then presented an overview of state revenue sources, focusing first on the meals and rentals tax. She explained that DRA administers 14 taxes that account for most state revenue, and that meals and rentals tax growth has slowed after strong post-pandemic gains. She described factors affecting the tax, including employment, inflation, fuel and food prices, wages, and weather, and noted that online platforms like Airbnb have improved compliance by collecting and remitting tax on behalf of hosts. Members asked about short-term rental compliance and how DRA identifies unlicensed rentals; Stepp said referrals, anonymous tips, and platform data help enforcement.

Transcript Highlights:

• <05:04:20.520> leasing their independent real estate leasing their independent real estate
• the GSA to handle Its Real Estate the GSA to handle Its Real Estate procurements<05:05:01.080>
• of egregious real estate leasing practices.
• of egregious real estate leasing practices.
• The SEC has a history of egregious real estate leasing practices.

Keywords: U.S. House of Representatives Floor Proceedings on Monday, January 13, 2025, 1012, house, all