Transcript Highlights:

• The DOT will basically forward the requests on to the bank, and then the bank will administer the money
• The DOT will basically forward the requests on to the bank, and then the bank will administer the money
• And then we'll move on from the bank.
• Okay, that's just a bank buy-down.
• The bank determines, okay, in this, so that basically economic impacts, it gives the bank the buy-down

Keywords: 908, all

Summary: The committee heard House Bill 2014, the budget for the Industrial Commission, with Representative Kempenich walking through the agency’s major components: the administrative office, Bank of North Dakota, housing finance, Department of Mineral Resources, and the State Mill and Elevator. He described mostly special-fund operations, including bond payments, economic development programs, the rail loan program, the Rebuilder’s Loan Program, housing incentive funding, abandoned well reclamation work, lignite research, litigation reserves, and a capacity purchase arrangement for a future natural gas pipeline. He also explained several one-time funding items, such as grid resiliency grants, housing-related transfers from the Strategic Investment Fund, and enhanced oil recovery funding repurposed from a prior salt cavern study. Members asked about the reduction in housing incentive funding from the Senate version, the use of one-time Strategic Investment Fund dollars for ongoing housing programs, and whether a trigger should be added to increase housing funding later. Kempenich said no trigger was discussed and emphasized that housing needs vary widely across the state. Another exchange focused on the enhanced oil recovery grant program, which he said would be driven largely by the Energy and Environmental Research Center and would use repurposed funds. A longer discussion covered the natural gas pipeline capacity purchase, including its purpose, possible routes, and the idea that the state would be buying capacity rather than immediately building a pipeline. The committee adopted Amendment 25.0181.0207 on a 21-1 vote, with one member absent and not voting. The committee then passed HB 2014 as amended on a 21-1 vote, with one member absent and not voting. Representative Kempenich was designated to carry the bill. The chair then noted this was the final budget hearing for the committee, with one bill remaining to be heard later.

Transcript Highlights:

• The Senate Committee on Banking and Financial Institutions will come to order.
• They will call their bank. They will be frustrated.
• That's the other piece of the information that the bank may not have.
• Having her repeat it to me and then repeat it to a bank, and then that bank then repeat it to IC3, I
• Sometimes they send the information to the banking institutions, but the banking institutions don’t let

Keywords: 987, senate, all

Transcript Highlights:

• Association of the Nation represents nearly 400 banks, with our membership inclusive of banks from..
• The number one complaint of our banks across the state.
• Stuller Bank and the Texas.
• Banks, consumers, and law enforcement need the state to act.
• And they were able to go to the bank and cash it.

Bills: SB1281, SB1300, SB1379, SB1451, SB1497, SB1498, SB1499

Keywords: mail theft, postal theft, package theft, identity theft, negotiable instrument, check theft, mail receptacle key, mailbox lock, postal key, delivery service, courier, USPS, United States Postal Service, fraud, property crime, elderly victims, disabled victims, identity information, rebuttable presumption, felony enhancement

Transcript Highlights:

• Banks are not operating these accounts. Banks are now operating these accounts at a loss.
• Due to banking regulations, banks must seek to recoup those losses.
• I'm CEO of Winter Park National Bank.
• Look at Signature Bank. Look at Silicon Valley Bank. Basically, they did the same thing.
• And the reason that they're typically banking in a community bank is because of their personal relationship

Summary: The Committee on Fiscal Policy met and considered a wide range of bills, including early learning and special needs funding (SB 1102), Israel bond investment authority (SB 1674), Parkinson’s disease research at USF (SB 1800), mental health and substance use disorder reforms (SB 1620), veterans nursing home beds (SB 788), securities regulation updates (SB 988), labor pool regulation (SB 1672), Alzheimer’s awareness (SB 398), educator preparation (SB 1590), student mental health reporting (SB 1310), specialty license plates (SB 824), financial institutions and IOTA-related issues (SB 1612), transportation facility designations (SB 1408), utility worker protections (SB 1386), DNA testing grants (SB 1072), the Council on the Social Status of Black Men and Boys (SB 364), housing support for former foster youth and homeless students (SB 584), sex offender registration changes (SB 1654), migrant vessel disposal (SB 830), commuter rail indemnification (SB 916), juvenile justice revisions (SB 1344), aggravating factors in capital cases (SB 984), and a criminal offender substance abuse pilot program (SB 1140). Most bills were explained by sponsors, often with supportive testimony from affected agencies, advocacy groups, or industry representatives, and several were amended before final action. The committee adopted amendments on many measures, including clarifications and effective-date changes for SB 1102; technical changes to SB 1620 implementing mental health commission recommendations; a delete-all amendment for SB 1620; an amendment to SB 988; a consumer-disclosure amendment on SB 1612; and multiple amendments to SB 1408, SB 364, SB 584, SB 1654, and SB 1344. SB 1672 on the Labor Pool Act drew extensive public testimony in opposition from worker advocates, who argued repeal would weaken protections for temp workers and formerly incarcerated workers, and the bill was temporarily postponed to a later meeting without a vote. Several bills received notable testimony in support, including SB 584, where former foster youth described housing instability and the importance of campus housing and federal voucher coordination; SB 1386, which was backed by utility and industry groups seeking stronger penalties for assaults on utility workers; and SB 984, which drew opposition from the Florida Conference of Catholic Bishops over expansion of death penalty aggravators. The committee also heard support and opposition on SB 1612 regarding IOTA interest rates and legal aid funding, with bankers and civil legal aid representatives disputing the proper rate structure and whether the bill conflicted with Florida Bar rules. At the end of the meeting, the committee reported all voted-on bills favorably, including SB 1102, SB 1674, SB 1800, SB 1620, SB 788, SB 988, SB 398, SB 1590, SB 1310, SB 824, SB 1612, SB 1408, SB 1386, SB 1072, SB 364, SB 584, SB 1654, SB 830, SB 916, SB 1344, SB 984, and SB 1140. Members also requested to be recorded on various bills, and the committee adjourned after noting one remaining meeting would be lengthy.

Transcript Highlights:

• On that front, we are not credit card banks.
• bill will impact the Wall Street banks.
• Now, why do I care about that from a Texas bank standpoint?
• The bank? The credit card company?
• The 10 biggest banks, I think, that you're alluding to.

Bills: SB231, SB584, SB600, SB668, SB841, SB986, SB1003, SB1244, SB1625, SB1960, SB1963, SB1964, SB2026, SB2056, SB2368

Keywords: temporary emergency electric energy facility, temporary generation, emergency power, backup generation, mobile generator, portable generator, grid resilience, power outage restoration, transmission and distribution utility, TDU, Public Utility Commission of Texas, PUCT, Utilities Code Section 39.918, competitive bidding, lease authorization, emergency procurement, bulk power system, locational marginal pricing, reliability model, black start

Transcript Highlights:

• <00:20:50.720> on pson from Maui food bank on pson from Maui food bank on [Music] Aloha, committee
• We do at the food bank, so we have very strict food safety guidelines at the food bank itself.
• Yeah, Hawaii Food Bank works with about 40.
• work with 40 we yeah Hawaii Food Bank work with 40 we yeah Hawaii Food Bank Works<00:34:53.760><
• <00:54:37.240> hasn't can L but uh commercial Banks hasn't can L but uh commercial Banks hasn't

Keywords: 912, senate, all

Summary: The committee heard testimony on HB 1294 HD2, which would create a workforce housing working group within the Department of Agriculture to address agricultural workforce housing shortages. The Department of Agriculture supported the bill’s intent but emphasized that the first step should be a study to determine actual housing demand, noting many farmers have very low incomes and may not be able to support housing costs. A DHHL representative said the department supports the measure as a first step but does not currently plan to expand housing on its agricultural lands; members also discussed the distinction between agricultural and pastoral leases and asked for follow-up information on lease numbers and ranchers growing feed. Testimony on HB 1294 was overwhelmingly supportive, with farm and farmers’ organizations saying housing is critical to sustaining agriculture and should be located near farm operations when possible. Members questioned how housing eligibility would be enforced and whether federal housing funds could be used. The committee reported 38 testimonies in support, none opposed, and two comments, then voted to pass HB 1294 HD2 with amendments, including a date defect to July 1, 2050; the motion carried with five in favor and the recommendations were adopted. The committee then took up HB 428 HD1, establishing the Hawaii Farm to Families Program to address food shortages and requiring reports before the 2026 regular session. The Department of Agriculture urged the bill’s continuation and appropriations, citing rescinded federal grant programs and a planned $1.1 million application to support food banks and kalo production. Food banks, the Hawaii Farm Bureau, the Hawaii Farmers Union, and other groups strongly supported the measure, describing rising demand for charitable food assistance, especially for fresh produce and protein, and noting that many families are struggling despite working multiple jobs. Witnesses also described school pantry and backpack programs, food rescue partnerships with retailers, and the need for more stable state support; one witness asked for at least $5 million in funding for farm families. Committee members asked about food insecurity levels, food safety, abuse of food assistance, and how the program would connect farmers with schools and food banks. Food bank representatives said they already work with DOE school pantry programs and inspect all donated food for safety, and they suggested a grant or escrow-style payment model could help farmers by reducing reimbursement delays. The transcript does not show a final vote on HB 428 before the excerpt ends.

Transcript Highlights:

• traditional banks these non-bank traditional banks these non-bank entities<00:09:08.640> don't
• Most of the banks have opted to be a state-chartered bank, which is great.
• Bank, one of the large national banks? Thank you.
• The larger banks, so Wells Fargo, U.S. Bank, are federally chartered.
• <00:45:39.520> one<00:45:39.640> of banks at Wells Fargo or US Bank one of banks at

Keywords: 1183, house

Transcript Highlights:

• :02.240> uh<00:21:02.400> we're for the banking industry, uh we're for the banking industry
• But um again, banks can address of that.
• <00:26:58.720> which from the commitment uh from banks which from the commitment uh from banks
• impacted. um you know it's we have banks impacted. um you know it's we have banks in<00:36:54.400
• But banks don't have a say communities.

Keywords: Meeting Start 00:00:07 Roll Call 00:00:14 Discussion of Pro-Growth Housing Policies 00:02:01 Discussion of Historic Rehabilitation Tax Credit 01:11:13 Adjournment 01:40:27, 958, all

Summary: The Kentucky Housing Task Force met and heard first from the Kentucky Chamber of Commerce, which presented findings from a housing study done with the Home Builders Association. The chamber said housing is now a major economic-development issue, citing survey results that 90% of community leaders said their region could not absorb a major job announcement and 66% said housing is holding back Kentucky’s economy. The chamber described Kentucky’s housing shortage, rising home prices, declining permits since 2008, and the need for more production to support growth. It urged policy changes including zoning and land-use reform, tax incentives, regional approaches, and especially a residential infrastructure fund modeled on Indiana’s low-interest loan program to help communities finance roads and other infrastructure needed for new housing. Members asked about the severity of the problem, workforce shortages in permitting and construction, the loan interest rate, repayment, and whether Kentucky could replicate Indiana’s results; the witness said the issue is a crisis and that the program would be a revolving public-private partnership, likely around 3% interest, with implementation details still to be worked out. The Kentucky Bankers Association then testified that the housing gap is especially acute for households at 80% of area median income and below, which it said represents about 70% of Kentucky’s housing need. It emphasized that the shortage affects both urban and rural counties and pointed to examples such as Rowan County, where workers at major employers must commute long distances because local housing is unavailable or unaffordable. The bankers said high interest rates remain a major barrier and proposed a $20 million bank commitment for a revolving fund tied to tax credits to finance new housing, not refinances. They cited Hope of the Midwest as an example of a successful tax-credit housing model with a long track record and no defaults, and said the proposal would leverage public-private partnerships to create new units. Committee members questioned how the proposed fund would compare with industrial revenue bonds and whether it could be structured like Kentucky’s tobacco settlement fund, with seed money, a review board, scoring criteria, and possible population thresholds to ensure smaller communities benefit. The bankers said the proposal would be another tool for cities and counties, specifically tied to residential infrastructure, and that larger cities should not be able to capture all of the resources. No formal votes or actions were taken during this portion of the meeting.

Transcript Highlights:

• But you weren't in the banking department? Didn't you do banking? Yeah. Yeah.
• bank a bank, a New Hampshire charter bank gets<01:07:34.400> up<01:07:34.480> to<01:07:
• are new bank charters in New Hampshire. are new bank charters in New Hampshire.
• Uh, if you look at state charter banks for state charter bank, right? Yeah.
• outofstate banks. outofstate banks.

Keywords: 1189, house, all

Summary: The subcommittee took up HB 164, dealing with homeowners and certain service agreements tied to residential real estate. Much of the discussion focused on whether the bill should be framed as prohibiting “service agreements” or more specifically as banning “future right to listing” agreements, and whether the bill should mirror Maine’s newer law. Mike Padmore of AARP New Hampshire presented suggested edits, including clarifying that the agreements are unenforceable, striking a provision at Roman 6C, and adding language making clear that registry of deeds staff are not liable when they record documents they are statutorily required to file. Bob Quinn of the New Hampshire Association of Realtors said the bill and Maine’s law reach the same result, but he preferred simpler wording and argued the bill should not include a two-year time limit because legitimate listing agreements should not create liens at all. Members and witnesses debated whether the bill should simply make the practice illegal outright, whether the Consumer Protection Act is the right enforcement vehicle, and whether the lien-removal process should be modeled on the recent undischarged mortgage bill. A consumer protection official said the bureau supports the statute and explained that under RSA 358-A, consumers could seek damages and equitable relief to strike a lien, while also noting that the bureau often uses the Consumer Protection Act as an enforcement tool. The committee also discussed narrowing the bill to residential real estate, with the sponsor and witnesses saying the problem has been seen in residential transactions and that commercial property was not the focus. The testimony described the underlying problem as companies, often national rather than New Hampshire-based, using long-term or future listing agreements to impose liens or penalties on homeowners, sometimes in connection with estate transfers or home sales. Witnesses said legitimate real estate listings do not normally place liens on houses, but these arrangements can include hidden or unclear penalties, including a reported 3% charge on home value. No vote was taken in the excerpt, but the committee appeared to be working through possible amendments and whether to adopt Maine-style language or a simpler New Hampshire-specific approach.

Transcript Highlights:

• Food Bank of Eastern New Mexico created a referral.
• Okay, so looking at how this impacts clients and food banks.
• Food banks will pick up the extra.
• Getting food from a food bank is not...
• They produce or they are delivering a lot of food to these food banks.

Transcript Highlights:

• Mo has a passport that literally says the West Bank.
• No, the federal administration still says it is the West Bank.
• It has not been passed by Congress to rename the West Bank.
• It is now referred to as the West Bank of the Jordan River.
• Passports don't list West Bank. No passport in the world has West Bank.

Transcript Highlights:

• It only allows a CEQA lead agency to require a project developer to contribute to the mitigation bank
• Making costs the singular threshold requirement will reduce the chances that the VMT mitigation bank
• It only allows a CEQA lead agency to require a project developer to contribute to the mitigation bank
• Making costs the singular threshold requirement will reduce the chances that the VMT mitigation bank
• And then also at the same time say, hey, by the way, you need to pay into the VMT mitigation bank and

Keywords: 988, house, all

Summary: The Assembly Housing and Community Development Committee heard several housing-related bills. AB 2270, by Assembly Member Arambula, would create scoring parity for farmworker housing projects in the state low-income housing tax credit program, with supporters arguing that rural farmworker developments are unfairly disadvantaged because they must be located near agricultural jobs rather than urban amenities. The committee accepted amendments and moved the bill forward on a unanimous vote to the Assembly Committee on Appropriations. The committee also considered AB 2552, by Assembly Member Lee, which would clarify how a CEQA vehicle miles traveled (VMT) mitigation program tied to affordable housing near transit may be used. Supporters said the bill would preserve cost-effectiveness and guard against litigation, while opponents from Housing California, the Planning and Conservation League, and others warned that the amended bill could undermine the new statewide VMT mitigation bank before it is fully implemented by making cost the key trigger for use. After discussion about balancing environmental and housing goals, the bill passed to Appropriations on an 11-1 vote. AB 2689, also by Assembly Member Lee, would establish good-cause renewal protections for tenants in state-subsidized housing whose incomes rise above 140% of area median income for two consecutive years, while requiring notice and limiting displacement if tenants cannot afford market rent. Some members supported the bill as a way to free up scarce subsidized units for lower-income households, while others objected that it could punish people for improving their financial situation. The committee approved the bill as amended on an 11-1 vote. The committee also approved three consent items—AB 2308, AB 2397, and AB 2512—without discussion.

Transcript Highlights:

• banking channels. banking channels.
• , how to withdraw cash from their bank, how to withdraw cash from their bank, locate<00:20:24.880
• their bank and then buy crypto with it. their bank and then buy crypto with it.
• But what's happening is people are going to their banks and taking money out of the bank.
• the<00:56:06.480> bank.

Keywords: 1183, house

Summary: The committee heard House File 3642, as amended by the DE1, which would prohibit virtual currency kiosks in Minnesota. The author, Chair Kaggel, said the bill is intended to stop scammers from using crypto kiosks to defraud vulnerable people, especially older adults, because the transactions are often irreversible and hard to trace. Representative Perryman spoke in support, describing local fraud cases and saying the issue had come to her attention through St. Cloud residents and police. The bill was laid over for further work with the Department of Commerce and other interested members. Testimony from law enforcement and advocates strongly supported the ban. A St. Cloud police sergeant said the problem is statewide and described a case in which a 78-year-old woman lost $80,000 after being directed to a kiosk. A Woodbury detective said current safeguards, including warnings, limits, and refund provisions, have not stopped weekly victimization and that scammers coach victims to bypass protections. An AARP Minnesota volunteer said kiosks are a preferred vehicle for scammers because they move stolen funds quickly and are especially harmful to older adults, and he noted that the 2024 consumer protections have not been enough. The Department of Commerce also supported the bill, saying crypto kiosks are a growing fraud vector and citing 120 complaints over three years, nearly $1 million in reported losses, and 70 cases with $540,000 in losses already in 2025. The department said many victims do not report losses, so the true amount is likely higher. In contrast, Coinflip’s general counsel opposed a ban and argued that fraud should be addressed through stronger regulation, refunds, blockchain analytics, and customer-service requirements rather than prohibiting a legal product. He said scams would continue through other channels if kiosks were banned. In discussion, members asked about the number of kiosks, how long they have been operating in Minnesota, and the scale of losses; the department said there are about 350 licensed kiosks operated by 8 to 10 operators, though the total number may be higher.

Transcript Highlights:

• <00:23:42.799> and look Banking and look Banking and business<00:23:45.600> banking
• <00:23:46.039> businesses business banking businesses business banking businesses together<00:
• So we like state-chartered banks.
• We have 40 member banks, consisting of state charter banks and out-of-state chartered banks, such as
• Denovo is when a bank starts up.

Keywords: 928, house, all

Summary: The meeting began with introductory remarks for new and returning members of the House Commerce Committee, led by Chairman John Hunt. Members briefly introduced themselves and their backgrounds, and several noted the committee’s bipartisan, collegial tone. Hunt explained the committee’s structure and traditions, including the division into three subcommittees: banking and business, consumer protection, and liquor commission matters, with insurance now handled as a single area. He also reviewed basic hearing procedures, including decorum, questions for information only, and the committee’s practice of moving bills through subcommittees before full committee executive sessions. The committee then heard an overview from the New Hampshire Insurance Department, led by Commissioner DJ Bettencourt and staff. The department described its mission as promoting a safe and competitive insurance marketplace and emphasized consumer protection, market competition, and affordability. Officials outlined the department’s responsibilities, including licensing insurers, producers, adjusters, and TPAs; reviewing insurance forms; regulating companies and market conduct; overseeing financial solvency; and investigating insurance fraud. They also noted that the department is self-funded through assessments on insurers, collects premium taxes and fees for the state, and returned more than $2.7 million to companies in fiscal year 2024 due to underspending. The presentation also covered the broader regulatory framework for insurance, including the role of the National Association of Insurance Commissioners in promoting uniform standards across states and territories. Officials said New Hampshire licenses about 1,200 insurance companies and roughly 245,000 producers and adjusters, and that the department’s financial examinations are part of an accreditation system used nationwide. No votes or formal committee actions were taken in the portion provided; the session was primarily organizational and informational, with the insurance department presentation beginning the committee’s substantive work for the term.

Transcript Highlights:

• banks and credit unions raise concerns about<03:24:07.359> their<03:24:07.680> bank<03
• <03:25:09.600> My smaller banks and credit unions. My smaller banks and credit unions.
• <03:38:42.319> and in supporting our community banks and in supporting our community banks
• financial institutions like rural banks. financial institutions like rural banks.
• tellers and employees of the banks. tellers and employees of the banks.

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, May 12, 2026, 1012, house, all

Transcript Highlights:

• The California Association of Food Banks represents 42 food banks that partner with nearly 6,000 agencies
• We anticipate an ongoing high need at California's food banks.
• I don't have, like, for across the board our food banks.
• I don't have, like, for across the board our food banks.
• We run about 42 food banks between here and...

Summary: The joint informational hearing focused on CalFresh enrollment, food insecurity in California, the recent federal shutdown’s disruption of SNAP benefits, and the long-term effects of H.R. 1 on eligibility, benefits, and state and county costs. Opening remarks emphasized that millions of Californians rely on CalFresh, that the shutdown briefly delayed benefits for the first time in the program’s history, and that state and local governments, including Alameda County, stepped in with emergency food aid and funding. Members also framed the issue as both a hunger and affordability problem, with several noting that California’s agricultural abundance contrasts sharply with persistent food insecurity. The first panel presented research and advocacy perspectives on food hardship. PPIC’s Tess Thorman described food insecurity rates, disparities affecting households with children and Black and Latino households, and the role of nutrition programs in reducing poverty. Nourish California’s Betzabel Estudio argued that hunger is a policy choice and highlighted campaigns to expand state-funded food assistance for immigrants, support reentry populations, and continue the CalFresh fruit-and-vegetable incentive program. The California Association of Food Banks’ Josh Wright said food banks are seeing sustained high demand, lower federal food supplies, and cannot replace CalFresh, while urging more state support for food purchasing, school meals, and SunBucks. The second panel reviewed CalFresh operations and participation. The California Department of Social Services reported that CalFresh participation has risen over the past decade, with the state closing much of the participation gap through outreach, simplified applications, and demonstration projects such as the Elderly Simplified Application Project and a minimum nutrition benefit pilot. Alameda County Social Services described local caseloads, application trends, and emergency food distributions during the shutdown, while also warning that H.R. 1’s work requirements, immigrant eligibility restrictions, and possible cost-sharing could reduce enrollment. A student CalFresh ambassador testified about the burdensome application and recertification process and urged more funding for campus basic-needs centers and outreach to reduce stigma and administrative friction. In the final panel, county, food bank, and policy witnesses described the shutdown response and the expected impact of H.R. 1. Alameda County Community Food Bank and the County Welfare Directors Association said counties, food banks, and community partners mobilized emergency funds, pop-up pantries, and food purchasing to bridge the shutdown gap, but warned that hundreds of thousands of Californians could lose benefits under the new federal rules. The California Budget and Policy Center began outlining the scale of federal cuts, noting that H.R. 1 will significantly reduce SNAP funding and shift costs to states. No votes or formal committee actions were taken; the hearing was informational and concluded with discussion of possible state responses, including backfilling benefits, preserving outreach funding, and improving administrative systems to protect enrollment.

Transcript Highlights:

• Hampshire. they owe a duty to the bank Hampshire. they owe a duty to the bank of<01:43:07.199>
• pedup funds in banks in New Hampshire. pedup funds in banks in New Hampshire.
• I am the chairman of the board of Primary Bank and the founder of Primary Bank.
• and the founder of board of Primary Bank and the founder of Primary<01:56:41.599> Bank.
• <02:15:51.920> You're counting the banking as one. You're counting the banking as one.

Keywords: 1191, senate, all

Transcript Highlights:

• Because what had happened, they hacked a bank in India. And they ended up having to close.
• Chairman, do we have a witness on this from the banking department? Chair: Yes, we do. Thank you.
• Chair: The Chair calls Marcus Adams on behalf of the Texas Department of Banking.
• Cash out of her bank accounts, etc. And there was nothing she could do.
• We show you registered as Marcus Adams on behalf of Texas Department of Banking.

Transcript Highlights:

• The business owner might get 23.75 and Bank of America might get 25 cents of that.
• And I’m talking about the large banks, I’m talking about Citibank and Visa, etc.”
• :50.720> the<00:22:50.800> capitalistic banks Now, I'm for the capitalistic banks Now,
• <00:23:28.840> are business, but these large banks are business, but these large banks are
• ,<00:23:33.120> I'm talking about the large banks, I'm talking about the large banks, I'm

Bills: SB59, SB221

Keywords: military families, immunization, education, public health, school enrollment, Mobile County, judge of probate, compensation, salary, expense allowance, 1136, house, all

Transcript Highlights:

• Bank reconciliations were not properly prepared for all accounts, and balances remaining in the bank
• Under the district court clerk, balances remaining in the bank account and the bank were not identified
• were not maintained in accordance with Arkansas Code as follows: the bank balance remaining in the bank
• as shown on the bank statement.
• disbursements as indicated on the bank statement.

Summary: The committee first approved a motion by voice vote, then received updates on delinquent private water and sewer reports. For the 2012 reports, staff said five additional 2024 reports had been received since the December meeting, bringing the total to 17 with escrow funds released and 26 still escrowed. For the 2023 delinquent reports, two more had come in, leaving five outstanding; both reports were filed without objection. The committee then focused on Act 709 repayment issues for the town of Daisy. Audit staff said Daisy had made unauthorized payments to a nonprofit and had used restricted street funds for fire-related expenses, and that the town had not yet adopted the required repayment ordinance. Mayor Lisa Cogburn said the council had not approved repayment because members disputed the amount, though she said the town had funds to pay. After discussion about the audit calculations and statutory repayment requirements, the committee adopted a motion requiring 10% repayment of the street fund under the statute and providing that failure to comply would result in withholding turnback funds. The Daisy report was then filed. The committee reviewed numerous additional audit findings from cities, counties, and water departments. Several local officials appeared and described corrective steps, including reconciliation work in Harrison and Carroll County, revenue-code corrections in Izard County, monthly bond-pending reviews in Alexander, fixed-asset documentation and receipt procedures in the town of 56, and bookkeeping/receipt improvements in Ozan and Lee County. Some matters were deferred, including several private water and sewer reports and Green Forest, while others were filed. Reports involving more serious issues were referred to the prosecuting attorney and Attorney General, including Bull Shoals, Lone Oak County, Beaver, Central City, Gravette, Ralston Water Department, Thornton Waterworks, and others. The committee also filed 19 reports with resolved findings and 53 reports with no findings, and adjourned with the next meeting set for February 12, 2026.