Transcript Highlights:

• procurement into submitting bids. in moving the state forward for procurement into submitting bids online
• I am also joined by my GSD family, who are here and online, and who are here with me in spirit. Mr.
• Anyone online in support? Anyone in opposition in the committee room? Anyone online in support?
• Any online? I'm going to go to members of the committee for questions. Senator Sepulveda?
• So in my view, my vision, I wanted to tie our procurement cap to PPI, which is product pricing.

Summary: The committee first heard the nomination of Anna Silva to lead the General Services Department. Supporters, including the sponsor, former GSD officials, family members, the lieutenant governor, and other senators, praised her long career in GSD, her procurement and facilities management experience, and her work on e-procurement, veteran home construction, and other projects. Silva said her priorities would include stabilizing risk management positions for the transition to the next administration, ensuring continuity on construction projects, and protecting the department’s budget and operations. After questions and comments, the committee voted 7-0 to advance her nomination to full Senate confirmation. The committee then took up House Bill 96, which would create a working group to study establishing a New Mexico Space Commission to support the commercial space industry. The sponsor and witnesses argued the state already has strong space infrastructure and should remain competitive with other states. Senators expressed support, and a friendly amendment was adopted to add a Senate pro tem appointee to the working group. The amended bill received a due-pass recommendation. Next, the committee considered House Joint Resolution 5A, which would ask voters whether legislators should be paid based on median household income. The resolution received a due-pass recommendation. The committee also heard House Joint Memorial 3, which asks the Environment Department and Environmental Improvement Board to review the PFAS law passed the previous year in light of changing federal rules. The American Chemistry Council opposed the memorial, arguing it misstated aspects of the law and could complicate rulemaking, while the sponsor and Environment Department said the memorial was intended to help assess whether changes are needed. The memorial received a subcommittee due-pass recommendation, and the meeting adjourned.

Transcript Highlights:

• When it comes to GLP-1s, if the manufacturers come in, like if they're willing to go lower on price,
• If that price point changes, whether for technology or other market strategy reasons, we're going to
• We have one of the best teams in the country at driving manufacturers down to a good price.
• They have no reason to want to lower prices because they're making a ton of money right now, right?
• They use online services, and they come to them. They don't go to the place.

Committee: Joint Joint Committee on Ways and Means

Summary: The Joint Committee on Ways and Means held a Health and Human Services budget hearing in Clinton, with opening remarks from Chairs Meg Kilcoyne and Robin Kennedy, local officials, and many House and Senate members introducing themselves. The hearing focused on Governor Healey’s FY27 EOHHS and MassHealth budgets, with repeated themes of rising health care costs, federal funding uncertainty, workforce shortages, and access to care in underserved regions. Members also raised concerns about primary care shortages, rural and regional disparities, behavioral health access, maternal health, food insecurity, and the impact of federal policy changes on Massachusetts programs. EOHHS Secretary Kiame Mahaniah said the FY27 EOHHS budget totals $33.7 billion, reflecting mostly non-discretionary growth from health care costs, labor costs, caseload increases, and provider rate pressures. He highlighted targeted investments in foster care, family resource centers, maternal health, youth services, nutrition programs, immigrant legal services, and human service workforce rates, while warning that federal actions could strip roughly $3.5 billion annually from the state’s health care funding. In response to questions, he defended the administration’s cooperation with federal audits and program integrity efforts, discussed the primary care crisis, and said the state is trying to preserve core services while preparing for a more difficult FY28 budget cycle. MassHealth Undersecretary Mike Levine then described two major FY27 challenges: double-digit cost growth and the expected effects of the federal One Big Beautiful Bill Act. He said MassHealth’s proposed $22.7 billion gross budget includes a 7.5% increase and relies on a moratorium on new expansions plus targeted reductions, including a $1,000 annual adult dental cap, ending GLP-1 coverage for weight loss only, reducing care management to peer-state levels, and work groups to slow growth in PCA, adult foster care, and adult day health spending. Members questioned the impact on Boston Health Care for the Homeless, preventive care, and regional access; Levine said the changes are meant to preserve sustainability, that children and certain disabled populations remain protected, and that the administration will continue working with providers, advocates, and the Legislature on implementation and longer-term reforms.

Transcript Highlights:

• We also know that if we increase the price of cigarettes, it will reduce youth consumption.
• </c><00:20:40.840><c> of</c> that if we increase the price of that if we increase the price of cigarettes
• And this would allow online consultation for purposes of issuing a medical marijuana card.
• This would allow online consultation for purposes of issuing a medical marijuana card.
• </c> testimony and this would allow online testimony and this would allow online consultation<01:32:32.800

Committee: House Health

Summary: The House Health Committee held its first hearing of 2025, with Chair Greg Takayama and Vice Chair Representative Leoy opening the meeting and outlining housekeeping rules, including a two-minute limit for testifiers and Zoom etiquette. The committee first heard HB 303 on health care preceptors. The Department of Health, Department of Taxation, University of Hawaiʻi, Hawaii State Center for Nursing, and several health care organizations supported the bill, saying the existing preceptor tax credit program has been successful and that expanding eligibility to additional professions and students would help address workforce shortages. In response to questions, the Department of Health said the annual tax credit cap is $1.5 million, about 650 to 670 credits are currently used each year, and the bill applies only to unpaid preceptors. The committee then moved on to HB 441, which would raise cigarette taxes. The Attorney General, Department of Health, University of Hawaiʻi Cancer Center, Hawaii Public Health Institute, American Cancer Society Cancer Action Network, and others supported the measure as a way to reduce smoking, especially among youth, and to support tobacco control and cancer-related programs. Opponents, including the Taxpayers Protection Alliance and the Cigar Association of Hawaii, argued the tax is regressive and unreliable as a revenue source. The Department of Health noted the last cigarette tax increase was in 2011, and one witness urged a larger increase than proposed. No vote was taken on either bill in the portion of the hearing provided. The committee also heard HB 557 on telehealth. The Department of Health supported the bill so long as it did not displace executive budget priorities, and the Hawaii State Health Planning and Development Agency and Hawaii Primary Care Association supported it. HPCA said the bill would conform state insurance law to recent Medicare changes expanding audio-only telehealth coverage beyond mental health services, and it emphasized access for rural residents, kupuna, and people with disabilities. HMSA opposed the bill as written, saying it strayed from the intent of Act 107 and that audio-only telehealth should remain limited because of quality-of-care concerns, though it supported continued access and asked for a different amendment approach. A telehealth provider also testified that payment disparities limit provider expansion and that audio-only access remains important for patients with serious illness. The hearing ended in the excerpt before any committee action or vote on HB 557.

Transcript Highlights:

• Fanning wants to move also up to the table, and maybe Sarah Paul, we've got one online testifier as well
• Fanning wants to move also up to the table, and maybe Sarah Paul, we've got one online testifier as well
• I am talking about Kentucky just winning a fifth Toyota plant with a $225 million price tag in a rural
• Thank you. a fifth Toyota plant with a $225 million a fifth Toyota plant with a $225 million price<00
• Uh members, uh online now we have a principal from Austin High School, Mr. Matt Schmidt.

Transcript Highlights:

• So uh in the illustration, I just price.
• their base price to maintain their<00:22:02.320><c> sales</c><00:22:02.720><c> price</c><00:22:03.600
• Uh so we will the price even higher.
• </c><00:54:30.640><c> a</c> is a formula for you raise the price a is a formula for you raise the price
• </c><01:01:45.680><c> um</c> Um people will find lower prices um Um people will find lower prices um

Committee: House Ways and Means

Summary: The committee heard testimony on House Bill 1596, which would raise New Hampshire’s cigarette excise tax from $1.78 per pack to about $2.80, using an inflation-based adjustment since the rate was last set in 2008. Representative Jerry Stringham, the bill’s sponsor, said the measure would keep New Hampshire competitive with neighboring states, generate revenue, and help offset other budget pressures. He also described the bill as repealing an income-based premium charge in Medicaid/CHIP-related programs and restoring cuts to the University System of New Hampshire, arguing that the combined package would still leave the state in a positive fiscal position. He said the tobacco tax increase would likely have some cessation effect but would remain low relative to other New England states, and he cited prior testimony from health groups supporting a larger increase. Members questioned the sponsor about how the new rate was calculated, the prior tobacco tax reduction and restoration, whether tobacco companies would absorb or pass on the tax, and the fiscal note’s estimates for Medicaid premium revenue and UNH funding. Stringham said he used Bureau of Labor Statistics inflation data, that the earlier 10-cent reduction did not produce the expected sales increase, and that the current bill would eliminate the premium charges now in the budget. He later clarified that the Department of Medicaid Services had updated the revenue estimate, but said the bill still showed a surplus overall. He also said the federal government already imposes a $1-per-pack tax and that New Hampshire would remain below neighboring states even after the increase. Two public witnesses testified in opposition to the tax increase. Anna Bettincourt, a tobacco category manager, argued that higher tobacco taxes would unfairly target smokers, reduce New Hampshire’s tax advantage, and likely shift purchases to other states or illicit markets rather than reduce use. She said tobacco companies generally do not lower prices and that Massachusetts’ flavor restrictions had not eliminated sales. In response to questions, she maintained that a smaller increase would still be harmful and that enforcement problems make bans ineffective. The sponsor and some members countered that smokers impose higher health costs and that tobacco taxes are a policy tool for both revenue and public health. No vote or final committee action was taken in the portion of the meeting provided.

Transcript Highlights:

• It seemed like the numbers went down and the price went up.
• Chairman and Representative Price, great question.
• Representative Price: Thank you, Mr. Chairman and Director. Thank you.
• Representative Price: Thank you, Mr. Chairman and Director.
• So it's kind of a follow-up on Representative Price.

Summary: The Joint Finance-Appropriations Committee heard budget presentations from Legislative Services analyst Morgan Poloni and Department of Health and Welfare Director Juliet Sharon on the Division of Early Learning and Development, the Division of Public Health Services, and Family and Community Partnerships. Major topics included the Idaho Child Care Program (ICCP), the Idaho Home Visiting Program, the Idaho Immunization Assessment Fund, HIV and hepatitis prevention, ARPA-funded public health projects, kinship navigation services, and proposed agency reorganizations and transfer authority changes. Poloni explained that several divisions were recently reorganized, making year-to-year comparisons difficult, and outlined the governor’s and agency’s FY 2027 requests, including additional federal and dedicated funds for child care capacity, public health programs, and prevention services.

Transcript Highlights:

• We are finding that making online courses available during the summer is helping students graduate on
• have a schedule that doesn't allow them to take a course during the day, but by participating in online
• And that was one of the compact goals that we have at this point fulfilled: increasing our online course
• Increasing our online course availability for students.
• What is the price point where it's no longer really a competitive price to attract students to those

Summary: The Assembly Budget Subcommittee on Education Finance, chaired by Assemblymember Alvarez, held a hearing focused on University of California budget issues. The committee reviewed UC core operations funding, enrollment trends, federal funding threats, Title IX implementation, and basic needs support. Major themes included the end of the Governor’s multi-year UC compact, the state’s fiscal outlook, UC’s enrollment growth, and the potential impacts of federal policy changes on research, health care, and student aid. On core funding, the Department of Finance described the Governor’s proposal to continue compact-related support, defer some payments, and authorize a cash-flow loan. The LAO recommended a smaller or no base increase, earmarking some funds for capital renewal, retiring deferrals when possible, avoiding new compact commitments, and funding UC annually rather than through compacts. UC argued that the compact has supported enrollment growth, student services, and operating costs, but said campuses face rising expenses, structural deficits, and limited reserves. Members questioned the effects of deferrals on students and discussed the need to prioritize less harmful reductions if cuts become necessary. The enrollment panel focused on UC’s growth in California resident enrollment and the nonresident replacement plan at Berkeley, UCLA, and UC San Diego. The LAO recommended maintaining the current enrollment target, funding enrollment separately from base increases, pausing the nonresident replacement plan, and holding enrollment flat in 2027-28. UC said it has already met compact enrollment goals, grown California undergraduate enrollment by about 18,800 students, and that further growth depends on ongoing state support. The committee also discussed the cost of enrollment growth, possible differential nonresident tuition, and a reporting request for UC to analyze the nonresident replacement approach; the motion to adopt supplemental reporting language passed. The hearing also covered federal funding risks, with the LAO and UC warning that federal changes could affect research grants, medical center reimbursement, and student financial aid. UC said research cancellations and suspensions are disrupting labs and graduate student support, while federal health policy changes could increase uncompensated care at UC hospitals. In the Title IX update, UC described its systemwide civil rights structure, annual student training, and campus support offices, and members praised the work while asking about ongoing concerns and intersegmental collaboration. The final basic-needs item began with Finance stating the Governor’s budget does not change ongoing support, but the transcript cuts off before further discussion or action.

Transcript Highlights:

• So these maps are all online if you need them, and spread them far and wide so our young people can say
• I mean, if I could lower the price of real estate for you, I would. There you go.
• Ultimately, that will be passed on to higher prices for patients. Yep.
• And so, yes, and there's actually databases online now where people...
• thank again all of our panelists here today and those who showed up and those who were listening online

Summary: The Assembly Select Committee on Biotechnology and Medical Technology met to examine how federal funding cuts, tariff uncertainty, and proposed state policy changes are affecting California’s biotech and life sciences ecosystem. The chair and panelists emphasized California’s outsized role in the industry, describing major clusters in the Bay Area, Los Angeles, Irvine, and San Diego, and warning that disruptions to NIH, NSF, and FDA-related funding are already chilling venture capital, slowing startup formation, and threatening the state’s competitiveness against places like China and Massachusetts. Industry witnesses from Biomedical Manufacturing Network, Biocom California, California Life Sciences, and Farma said federal research dollars are the catalyst for the pipeline from university research to startup formation, clinical trials, commercialization, and manufacturing jobs. They argued that cuts or uncertainty in NIH and NSF funding reduce grant applications, delay or cancel projects, weaken doctoral and postdoctoral training, and could drive scientists and physician-scientists out of the field. They also raised concerns about proposed antitrust limits on mergers and acquisitions, saying M&A is a key exit path for investors and a common route by which therapies reach market. University representatives from UC, Stanford, CSU Biotech, and UCLA described direct impacts on research programs, graduate training, and lab operations. They reported suspended or terminated grants, reduced training opportunities, canceled retreats and internships, and anxiety among students and early-career researchers. UC said hundreds of millions in funding have been suspended or terminated and that reduced facilities-and-administration rates could harm patenting and tech transfer; Stanford said more than 1,000 training and career-development grants are frozen or terminated nationwide; CSU Biotech said 133 grants had been cut or scaled back, totaling about $140 million, with about $30 million from NIH and NSF. The committee discussed possible state responses, including restoring or strengthening the R&D tax credit, supporting STEM education and apprenticeships, encouraging manufacturing expansion, and preserving the research workforce pipeline.

Transcript Highlights:

• find myself logging into my exchange more often than I probably should just to see the updates on price
• using real estate data, real empirical information, cash flows, as well as the historical Bitcoin price
• I know they're not online yet, but I still have a lot to learn on the crypto market because I just can't
• I thank you for every reading and trying to do some online searches, but I think we need more.
• you know, those types of technology survive—but a lot of them don't, and they never recover their price

Summary: The Assembly Banking and Finance Committee held an informational hearing on digital asset innovation, with opening remarks framing cryptocurrencies, blockchain, stablecoins, tokenization, and decentralized finance as a growing part of the financial system. Dennis Porter of Satoshi Action Fund presented on the market size, institutional adoption, use cases such as remittances and small-business payments, and policy developments at the federal and state levels. He also discussed risks including volatility, cybersecurity, and illicit use, while arguing that clear regulation can support innovation and consumer protection. State Controller Malia Cohen then updated the committee on implementation of SB 822, California’s unclaimed digital asset law. She explained that the law applies to custodial accounts, not self-custodied wallets, and requires holders to conduct outreach before dormant digital assets are transferred to the state in native form. Committee discussion focused on how abandonment is determined, what counts as account activity, the expected timeline for notices and custodian procurement, and the administrative costs and staffing needed to run the program. Controller staff said the state is still building procedures, working with Oregon, and expects a significant increase in claims once the program is operational. Porter returned with a proposal for a California digital asset reserve fund built on unclaimed digital assets under SB 822. He argued the fund could be cost-neutral, use only high-quality digital assets, and include guardrails such as an advisory board, audits, and public reporting. Committee members expressed interest in diversification and consumer protection, but also raised concerns about volatility, documentation, and market downturns. The hearing ended after public comment from industry and advocacy representatives, including support from the California Blockchain Advocacy Coalition, the Crypto Council for Innovation, and Coinbase, all urging clear, technology-neutral policy to keep innovation and jobs in California.

Transcript Highlights:

• most sensitive transactions data and use it to fuel even more intrusive advertising and surveillance pricing
• of child pornography, according to one of the leading non-profits working to eliminate child porn online
• As stable coin issuers rush to meet redemptions and sell off their assets at fire sale prices, Calculators
• the likelihood that stablecoin issuers experience debilitating runs, sell-off assets at fire sale prices
• unnecessary regulations due to disproportionate compliance costs with consumers ultimately paying the price

Bills: SB875

Committee: Senate Banking, Housing, and Urban Affairs Committee

Keywords: banking regulation, federal agencies, reputational risk, financial services, supervision, FIRM Act, bank supervision, depository institutions, federal banking agencies, FDIC, OCC, Federal Reserve, NCUA, CFPB, credit unions, Operation Choke Point, financial discrimination, safety and soundness, supervisory guidance, examination manual

Summary: This meeting focused on the markup of the Genius Act and the FIRM Act, two significant pieces of legislation addressing stablecoin regulation and the financial industry's regulatory framework. The Chairman noted the importance of providing clarity to the digital asset community and protecting American consumers, while also promoting innovation and competition within the financial sector. Members of both parties expressed varying viewpoints, with some highlighting concerns related to national security and the potential risks associated with stablecoins.

Transcript Highlights:

• It’s being handed out, and it should be available online.
• It is available online, and it's in your folders.
• It's been corrected online and revised. It has been corrected and revised. Yes, sir.
• It is available online. It's currently being passed out.
• It is available online and is currently being passed out.

Committee: House Appropriations

Summary: The committee first took up Senate Bill 105, which reinstates a sunset-expired TOPS Tech benefit for eligible veterans. Senator Kathy said the bill would use existing TOPS dollars, not new funding, and would help veterans stay in Louisiana and enter the workforce. After brief questions about eligibility and funding, Representative Marcelle moved the bill favorably, and it was reported favorably without objection. House Resolution 3, by Representative Newell, asked the Louisiana Housing Corporation to study whether vacant state-owned property could be repurposed for housing and rental assistance for cost-burdened state employees. Members discussed the high fiscal note and whether the work could be absorbed in existing budgets. Fiscal staff said LHC had requested a full-time position and four part-time positions for the study, but the committee also talked about narrowing the study’s scope. Representative Marcelle moved the resolution favorably, and it was reported favorably without objection. The committee then debated House Bill 189, which would extend supplemental pay to fire protection officers at the Lakefront Management Authority’s airport fire department. Representative Newell and airport representatives argued the firefighters perform specialized, hazardous ARFF duties and should receive the same supplemental pay as other qualifying public firefighters. Some members questioned whether the airport and its employees qualify under existing law and whether the supplement should be expanded further. After discussion, Representative Marcelle moved the bill favorably, but the motion failed on a roll call vote of 8 yeas to 10 nays. Later, Senate Bill 461, concerning Office of Group Benefits coverage for certain small employee groups, was reported favorably without objection. House Bill 623, creating a three-tier permitting system for vapor products, was amended to clarify direct-to-consumer shipment restrictions and then reported favorably as amended. House Bill 1222, creating a grocery initiative grants and financial support program through LED to address food deserts, drew extended debate over whether it would amount to government-run grocery stores; supporters framed it as an incentive and grant program for private grocers, while critics raised concerns about government involvement. After amendment, it was reported favorably as amended by a vote of 16 yeas to 2 nays. Finally, House Resolution 80, directing a comprehensive fiscal audit related to Board of Regents and university system spending on certain executive budget metrics, was amended into a substitute version. Members debated whether the resolution would require universities to do additional work and whether it belonged in Appropriations at all, especially since the fiscal note had been removed. The discussion also raised concerns about the listed schools and the resolution’s purpose in light of a federal civil rights investigation. The transcript ends while the committee is still discussing the resolution and related procedural motions.

Transcript Highlights:

• I know we have a policy that was online.
• I know we have a policy that was online.
• If not, Casey, is our gentleman online? Mr. Chairman, Mr. Chairman, I believe he is.
• It's also linked on the agenda online.
• So if anyone doesn't have a paper copy, you can look at the online edition as well.

Committee: Joint Tribal and State Relations Committee

Transcript Highlights:

• I rise in support of A4085, the Fair Price Protection Act.
• worse with surveillance pricing.
• while shopping online for pickup at the same store at the same time, including five different prices
• on the shelf and the price that showed up were different.
• This tax comes right back to us in higher contract prices.

Transcript Highlights:

• accountability by requiring the board to make public certain information relating to water funding and post online
• You know, we have seen tremendous increases in these prices, and that's not something that's making contractors
• We are seeing prices creep up, and it's just something that's unavoidable.

Bills: SB7

Committee: House Natural Resources

Keywords: water infrastructure, financial assistance, Texas Water Development Board, water supply, environmental sustainability

Transcript Highlights:

• Price. Sites. Aye. Taylor. Violet. West. Williams. Aye. Back to Bosley. You're present. Okay.
• Price. Sites? Aye. Taylor. Taylor? Present. Violet? Aye. West? Williams. Aye.
• Fiscal review sent it back to Rules because the price tag was too big. Rules sent it back to us.
• Rules because the price tag was too big. Rules sent it back to us.
• Price. Seitz. Taylor. Yes. Violet. West. Aye. Williams.

Committee: House Crime and Public Safety

Summary: The Committee on Crime and Public Safety met with a quorum and first took up several bills in executive session. House Bill 2323, relating to a domestic violence registry, was discussed as a private law-enforcement database for domestic abuse offenders; members noted it was similar to other registry bills already advanced, though some said it differed in details. House Bill 2530, described as the scrap metal bill, was also voted do pass without discussion. House Bill 1882 was withdrawn from consideration after members noted it had been rolled with another bill and had been sent back from fiscal review and Rules. The committee then adopted a House committee substitute and two amendments for House Bill 3332, which concerns public safety personnel recruitment and retention and employment benefits for first responders; the substitute removed additional degree programs from scholarship eligibility and the amendments fixed scholarship prioritization language and removed a sunset from the line-of-duty death benefit. HB 3332 was voted do pass. In public hearing, Representative Justice presented House Bill 3174, Missouri’s version of Alyssa’s Law, requiring each school employee to have access to a wearable panic alert system tied to local emergency responders and school personnel. He said the bill is subject to appropriations and would use a qualified vendor list; members questioned cost, funding, liability, and whether schools could already implement such systems. Support testimony came from Lori Alhadeff, Alyssa’s mother, who described the Parkland shooting and argued that faster alerts save lives, including in medical emergencies, and from a teacher who said the system would help in both active shooter and non-shooter emergencies. No opposition testimony was offered. Representative Williams then presented House Bill 3434, which would create a Missouri statewide sexual assault response task force to examine reporting, investigation, medical response, advocacy, and prosecution and report recommendations by December 31, 2028. She said the task force would build on progress made reducing the sexual assault kit backlog but address ongoing inconsistencies across jurisdictions. Members asked about overlap with a prior expired task force, appointment structure, and whether the group should include more medical or law-enforcement representatives. Support testimony from the Missouri Coalition Against Domestic and Sexual Violence described the history of the kit backlog, the Telesane program, uneven services across the state, and the need for continued coordination and accountability; the Missouri Emergency Nurses Association also supported the bill, citing the need to address both rural and urban response challenges.

Transcript Highlights:

• And so they're coming to us because of price versus availability. Okay.
• It is, they do get CE credit, continuing education credit, if they take it, but they have to go online
• That have lower-priced homes are, folks that have higher prices, have more ability to, for example, secure
• We still have very, very few choices for our customers to get adequate coverage at an adequate price,
• Because the price of insurance will skyrocket for everyone else in the state.

Committee: House Insurance

Transcript Highlights:

• My name is Peggy Price and I am from the Imperial County Board of Supervisors, District 3.
• provenance and pushes the industry to standardize methods of content disclosure that are readable by large online
• provenance and pushes the industry to standardize methods of content disclosure that are readable by large online

Summary: The Assembly Appropriations Committee met on July 1, 2026, and first heard SB 1055 by Senator Laird, which would authorize additional construction procurement methods for the Pajaro River levee/flood control project to speed delivery, improve quality control, and reduce costs after prior flooding and evacuations. The Nature Conservancy testified in support, and there was no opposition or committee questioning. The bill was later moved out of committee, with Republicans not voting and Assemblymembers Dixon and Tangipa voting no. The committee also heard SB 1000 by Senator Becker, a follow-up to California’s AI Transparency Act. The bill would update content provenance and disclosure rules for AI-generated and non-synthetic content, remove a user threshold for covered systems, add privacy protections, and create guardrails for third-party licenses, with the goal of aligning California’s rules with international standards. Adobe and Google supported the measure, and it was sent out on a roll call with Mr. Ta not voting. SB 1229, presented on behalf of Senator Allen, would limit an existing Coastal Act disaster-rebuild exemption to prevent speculative development from using the exemption to reduce public access to the coast. The Nature Conservancy supported the bill, there was no opposition, and it was moved out of committee. The committee also approved several bills on the consent and suspense calendars, and public comment included Imperial County concerns about SB 675, including board representation, implementation timing, county administrative control, and funding for mandated changes.

Transcript Highlights:

• My name is Peggy Price and I am from Imperial County Board of Supervisors, District 3. I'm here.
• provenance and pushes the industry to standardize methods of content disclosure that are readable by large online
• provenance and pushes the industry to standardize methods of content disclosure that are readable by large online

Committee: House Appropriations

Transcript Highlights:

• to something like 4.6 or 4.7 more recently, and some of that's related to the Iran conflict, oil prices
• When we look at equities, the price-to-earnings ratio, which is the, and I use the forward because that's
• valuation, the price-to-earnings ratio, 20.4, actually has come down, which means that the market was
• invite any members here that are not already members to that board to attend that, or please join online
• course, the fund value and the performance, because this is how often we do update those reports online

Summary: The Legacy Fund Committee received updates from the North Dakota Retirement Investment Office (RIO) on fund performance, liquidity, in-state investments, and internal management. Scott Anderson reported strong returns for the Legacy Fund across multiple time periods, with performance exceeding the policy benchmark and expectations, driven largely by strong equity markets and effective implementation. He also reviewed private market pacing, noting commitments were on plan but that unfunded obligations and distributions were lower than expected, and presented a new liquidity analysis showing the fund had substantial capacity to meet obligations even under stressed market scenarios. The committee also discussed RIO’s internal investment program and cost savings. Anderson explained how internal management of fixed income, equity, and cash overlay strategies has reduced fees and transaction costs, while improving flexibility and portfolio construction. Members asked about staffing needs, and RIO leadership said asset growth has outpaced current staffing, with a request for additional FTEs likely coming to support investment, operations, risk, and legal functions. The committee also reviewed the Legacy Fund’s in-state investment program, including 50 South Capital and infrastructure lending, and heard that one manager’s buildout is progressing more slowly because many opportunities are still early-stage. Adam Odison presented a preliminary estimate of the 2026 Legacy Fund earnings distribution, projecting about $894.8 million under current law, with roughly $237 million to the Highway Fund and $554 million to the Property Tax Relief Fund after the sinking and interest fund allocation. Jody Smith then gave a project update on a new standalone Legacy Fund website required by statute, intended to consolidate performance, holdings, governance, fees, and use-of-funds information for the public, with a planned launch around the October State Investment Board meeting. She also raised a possible future proposal to place the Legacy Earnings Fund back under State Investment Board management so the cash could remain invested longer before being transferred out, though members noted liquidity, accounting, and bank-deposit implications would need further review. Finally, Kelvin Holden of the Bank of North Dakota reviewed the match loan program, explaining how it supports large economic development projects by pairing Bank of North Dakota loans with State Investment Board CDs. He said the program currently has about $272 million outstanding and has supported projects such as Coal Creek Station and the MDU gas line to Gwinner. Members discussed whether the program’s return is appropriate and noted a prior moratorium on new investments so the committee can revisit the policy next session. The committee then elected Senator Klein as chair and Representative Hogan as vice chair, and the meeting ended with members thanking staff and partners for the fund’s progress.

Transcript Highlights:

• Well, we're going to start with public testimony, and so everyone who's online or in person can try to
• I’m here on behalf of the Economic Opportunity Institute as well as Fair Health Prices Washington, which
• is an effort that unites patient advocates, labor, and business together to drive down the price of
• There was no price tag on my life, and I was only willing to do whatever it took to survive.
• And Kevin is online. So Kevin, please unmute and begin. And then closing us out will be David Reed.

Bills: SB5720 , SB5833 , SB5936 , SB5993 , SB5735

Committee: Senate Law & Justice

Keywords: consumer debt, judgment, uniformity, legal standards, debt collection, pets, motor vehicles, animal welfare, public safety, legislation, human trafficking, prevention, remedies, victims, law enforcement, support services, medical debt, interest charges, consumer protection, healthcare