Transcript Highlights:

• governments would be allowed to designate two-lane county roads or municipal streets that have a posted speed
• that a UTV may safely travel on or across the public roads and streets, considering factors including speed

Summary: The Senate Committee on Rules met and considered a series of bills, beginning with CS/CS/SB 282 on home and service warranty association financial requirements. The bill would allow more than one collateral liability insurance policy to back a warranty license and make related financial requirement changes; an amendment clarifying policy options was adopted, and the bill was reported favorably. The committee also approved CS/SB 280 on candidate qualification, which creates an enforceable requirement and private right of action for party-affiliation qualification rules, and SB 7004, an open government sunset review bill that continues a public records exemption related to housing assistance program applicants or participants after disasters. The committee then took up several member bills. CS/CS/CS/SB 88 would create an opt-in framework for local governments to allow utility terrain vehicles on certain roads, with safety requirements and insurance clarification added by amendment; supporters emphasized local transportation benefits and law enforcement tools, while several senators raised concerns about misuse in urban areas, and the bill was reported favorably. CS/SB 106 would allow substitute service through the same electronic platform used by scammers in vulnerable adult exploitation cases, with a 30-day hold clarified by amendment; it received support from elder law and advocacy groups and was reported favorably. CS/CS/SB 262 made technical changes to the Florida Trust Code, including decanting, trustee actions, ademption by satisfaction, and homestead/community property trust treatment, and was also reported favorably. Additional bills approved included SB 402, which updates the unlawful use of uniforms, medals, or insignia statute by referring to armed forces as defined elsewhere in law; SB 700, which continues the public records exemption for site-specific location information for threatened and endangered species; and SB 7006, which preserves public records and meeting exemptions for building plans and related documents depicting 911, E911, and public safety radio communication infrastructure, including next-generation 911 systems. At the end of the meeting, senators requested to be recorded as voting in the affirmative on certain bills, and the committee adjourned without objection.

Transcript Highlights:

• the scope of what any elected official deals with is so extensive that it takes time to come up to speed
• the scope of what any elected official deals with is so extensive that it takes time to come up to speed

Summary: The Committee on Ethics and Elections met with a quorum present and temporarily postponed Senator Yarborough’s bill and Senate Bill 1170 at the sponsor’s request. The committee first considered Senate Bill 982 by Senator Bernard, which was amended to remove language the sponsor said had been declared unconstitutional in 2016. As amended, the bill addresses qualifying fee payment issues, allows qualifying fees to be paid by properly executed checks or debit cards linked to a candidate campaign account, creates a private right of action for qualifying challenges limited to candidates, and addresses campaign expenditures by debit card. Mark Heron testified in support, saying the bill would clarify recent qualifying disputes. The committee adopted the amendment and then reported SB 982 favorably. The committee then took up Senate Joint Resolution 536, a proposed constitutional amendment to impose legislative term limits of eight years in the House and eight years in the Senate, with carve-outs for current officeholders and redistricting. An amendment to change the limits to 12 years in each chamber failed on a tie vote. Public testimony was mixed but largely opposed, with speakers from county and small-county groups arguing the proposal was a one-size-fits-all statewide mandate that would override local choice and reduce institutional knowledge. Several members debated whether the eight-year limit was the right number, with some supporting term limits in principle but questioning a lifetime ban on returning to office. The resolution was ultimately reported favorably. The committee also considered Senate Joint Resolution 802, which would place on the 2026 ballot an eight-year term limit for county commissioners and school board members, with school board limits applied retroactively and county commissioner limits prospectively. An amendment to change the limit to 12 years failed. The Florida Association of Counties, a county commissioner, and representatives of the Small County Coalition testified against the measure, arguing that counties should retain local control through county charters and local referenda. Some senators supported the concept of term limits but raised concerns about imposing a uniform statewide rule on counties and school boards. After debate, the joint resolution was reported favorably. At the end of the meeting, senators who had missed votes were allowed to register their positions on SB 982 and SJR 536, and the committee moved to rise.

Transcript Highlights:

• the Committee on Environmental Regulations, HB 483 by BC relating to the use of state money for high-speed
• rail operated by private entity under the construction of a certain high-speed rail refers to the Committee

Transcript Highlights:

• MODERNIZATION YOU SAID THAT ONE OF THE GOALS WAS TO TRANSFORM THE CUSTOMER EXPERIENCE BY INCREASING THE SPEED
• ONE IS THE SPEED IN WHICH IT TAKES THE CLIENT TO APPLY FOR BENEFITS.

Keywords: 999, senate, all

Transcript Highlights:

• The intent of this bill is to remove unnecessary subjectivity, speed up the decision-making process,
• So by speeding up or creating a shot clock or a time clock... bill.
• for a se separate application.<00:45:40.000> So<00:45:40.160> by<00:45:40.480> speeding
• So by speeding up or application.
• So by speeding up or creating<00:45:41.680> a<00:45:41.920> shot<00:45:42.240> clock

Keywords: 958, all

Summary: The Senate convened with a prayer and the Pledge of Allegiance, then established a quorum, excused absent members, and approved the journal from Friday, February 20, 2026. The chamber also announced caucus meetings during recess and received notice that the House had passed House Bills 111, 527, and 555. New Senate bills were introduced, including SB 220 on small farm wineries, SB 221 on abuse of a corpse, and SB 222 on environmental covenants and an emergency declaration. The main floor debate centered on Senate Bill 52, which concerns fair permitting and licensing practices. The sponsor described the bill as a response to delays and subjectivity in agency permitting, saying it would require clear standards, set deadlines, and provide meaningful appeals without eliminating existing requirements. Opponents argued that a fixed deadline could be too short for complex environmental and public-safety reviews and could pressure agencies with limited staffing; one senator also warned it could benefit large businesses at the expense of workers and communities. Supporters countered that the bill would improve accountability and help businesses, child care providers, and other applicants get timely decisions. After floor amendments were withdrawn, SB 52 passed as amended by a vote of 30 yeas to 5 nays. Before that vote, the Senate also returned SB 50 from the Appropriations and Revenue Committee to the Rules Committee under suspension of the rules. After SB 52, the chamber took up Senate Bill 124, relating to sick leave for school district personnel, and heard the sponsor’s explanation that it was intended to address classroom absences in a cost-effective way that would benefit students and taxpayers. The transcript cuts off during the discussion of SB 124, before any final vote on that bill is shown.

Transcript Highlights:

• You have high-speed rail that's propped up by cap-and-trade, which is nothing more than grift.
• By leaning into high-speed rail, this Governor is making sure that our communities will be able to continue
• So I am grateful to this Governor for his vision, for his commitment to high-speed rail, and I respectfully
• A billion dollars for high-speed rail.
• So I do want to uplift the funding for high-speed rail, AB 617 communities, the affordable housing dollars

Summary: The chamber reconvened after a late-night session and first adopted the consent calendar, including ACR 107 on the Diablo Range, by a 48-0 vote. Members then took up several Senate bills and Assembly measures, with repeated remarks about the long hours and the need to respect staff and keep proceedings moving. A vote change was also announced for Assembly Member Patel on SB 414, changing from aye to not voting. The main policy debate centered on energy, climate, and affordability. SB 237, dealing with oil and gas policy, refinery closures, pipeline safety, Kern County permitting, gasoline blend flexibility, and regional fuel coordination, drew strong support from members who framed it as a managed transition to stabilize fuel supply and protect jobs, and strong opposition from members who called it a giveaway to oil interests and a setback for climate goals. The bill passed 59-0. SB 254, an energy affordability and wildfire package, included wildfire mitigation financing, a successor wildfire fund, transmission cost reductions, clean energy permitting changes, and energization timelines; members raised some concerns about local control, but the bill passed 58-0. SB 840 and AB 1207 advanced the cap-and-invest reauthorization package, with supporters emphasizing emissions reductions, housing, transit, wildfire prevention, and community air programs, while opponents argued it would raise costs and function as a tax-and-spend scheme. SB 840 passed 54-15 and AB 1207 passed 55-10, both with urgency and immediate transmittal. Members also approved SB 352, which makes the Bureau of Environmental Justice permanent and requires air quality monitoring and reporting on AB 617 implementation, by 43-19. AB 825, authorizing California to help establish a Westwide electricity market, was presented as a way to lower bills, improve reliability, and reduce emissions; it passed 67-2 and was sent to the Governor. Additional actions included concurrence in Senate amendments to AB 8 on cannabinoids and AB 383 on firearms cleanup, and the chamber began consideration of AB 764 on wildlife as the transcript ended.

Transcript Highlights:

• Reporting of the New World Screwworm infestation is essential; it helps slow the speed of the spread
• Representative McLaughlin mentioned it— we move at the speed of government.
• They don't move at the speed of lightning there.
• It seems like we're moving at a snail's pace instead of warp speed, and this is something that should
• be at warp speed.

Keywords: 1184, house, all

Transcript Highlights:

• three, it does not have adequate parking, forcing families to park on County Road 20 with traffic speeds
• We're about speed to market, and we're about the pace that industry expects you to operate at, which
• think there are solutions that communities are working on, as well as Commerce working on, and maybe speed
• that up a little bit from your traditional stick-built type... ...commerce working on to maybe speed
• several years focus on fourth through eighth grade and bringing those teachers in those areas up to speed

Keywords: 908, all

Summary: The committee first heard Senate Bill 2265, which would provide the Fargo National Cemetery with up to a $3 million line of credit to help fund improvements such as indoor bathrooms, parking, a family gathering area, an office, a hearse garage, and a veterans gallery. Supporters said the cemetery has expanded rapidly since 2019, has already conducted about 1,000 burials, and needs better facilities for families and the Honor Guard; they also said the project would be subject to federal VA approval and, once completed, would be taken over by the VA. Members raised questions about the project’s cost, timing, funding sources, whether the bill should be a grant instead of a line of credit, and whether a chapel should be specifically included. No vote was taken on SB 2265 during the excerpt. The committee then took up Senate Bill 2230, which would have the Secretary of State mail active voters a guide on ballot measures at least 45 days before an election, with objective summaries, fiscal impacts, and arguments for and against each measure. Secretary of State Michael Howe said the office already receives many questions about ballot measures and would post the same information online and at polling places, while emphasizing the need to keep the material objective and consistent with election-law restrictions. Members generally supported the idea as a voter-education tool, and the committee adopted a due pass motion on SB 2230 by a 19-0 vote. Finally, the committee heard Senate Bill 2256, which would provide one-time state support for the NDSU Research and Technology Park in Fargo to expand its role in commercialization, robotics, precision agriculture, and defense-related technology. Park CEO Brenda Weiland explained that the park is a 501(c)(3) nonprofit spun out of NDSU, governed by a board with both university and industry representation, and that the new model is intended to bridge the gap between research and market-ready products without competing directly with private industry. Members asked about ownership, intellectual property, the planned partnership with Carnegie Mellon’s robotics center, and how the park would use the funding; the discussion focused on contracts, licensing, and the park’s intent to build technical capacity and attract companies. The excerpt ends before any vote on SB 2256.

Transcript Highlights:

• You said enforcement, DUI enforcement, speeding stuff like that.
• Our Central Patrol also does speed enforcement on the street.
• and we do that now we actually speeding and we do that now we actually do<00:26:19.960> that<
• If you know, we're adding on this portion of, you know, trucks speeding and all this, where does that
• and all this where does that speeding and all this where does that leave<00:35:27.040> the<00

Keywords: 912, senate, all

Summary: The committee heard budget testimony first from the Department of Corrections and Rehabilitation. Director Tommy Johnson outlined short-term goals to reduce overcrowding, improve living and working conditions, fill vacancies, expand mental health services, and update the correctional master plan. He said the department is still dealing with severe overcrowding at facilities such as OCCC and HCCC, with 947 people at OCCC against a design capacity of 628, and noted 938 inmates are currently housed on the mainland because of temporary repairs at Halawa. He also reported progress on staffing, saying the correctional officer vacancy rate has dropped from 34.3% to 24% through expanded recruitment. The department’s major budget request was $30 million for planning and design for a new Old Triple C project, along with other requests for re-entry services, identification documents, security systems, radios, sink-toilet modules, and trauma-informed care. Members asked about the timing and scope of the OCCC project, courtroom space in new facilities, and the department’s plan to use the funding to improve re-entry and reduce recidivism. The committee then heard from the Department of Law Enforcement on a wide range of priorities. The department described requests to expand agricultural crime enforcement, traffic enforcement, illegal fireworks enforcement, and facilities such as a police building at the DKI airport, a state training center, and new police facilities in central and Leeward Oahu. It also discussed a major IT request for a statewide law enforcement and critical infrastructure notification platform, plus funding for grants management, the Wahiawa Civic Center and court complex, the prescription monitoring program, narcotics enforcement operations, and the narcotics lab. A significant portion of the discussion focused on a proposed traffic enforcement program for commercial vehicle inspections, speeding, and DUI enforcement, which the department said would be funded with federal dollars and would operate concurrently with county police. Committee members questioned whether the effort duplicated county jurisdiction and how the program would be trained and staffed. Members also pressed the department on salary disparities for deputy sheriffs and related vacancies, and the department said the administration was working on a supplemental agreement and placeholder funding to address the issue. Additional discussion covered agricultural crime staffing, the Silver Alert program, and expansion of the forensic lab to handle explosives, firearms, and related evidence. No votes were taken in the portion provided, and the meeting moved from the corrections presentation to the law enforcement budget review with questions and answers throughout.

Transcript Highlights:

• up access to mental health care for children who are awaiting care, and whether it would speed it up
• The witness said they did not believe it speeds up the process for people being able to get services.
• it up by a awaiting care does it speed it up by a day<03:23:57.880> a<03:23:58.080> week
• up the process for people being speeds up the process for people being able<03:24:05.560> to<
• up is the ability does potentially speed up is the ability for<03:24:13.560> the<03:24:13.760

Keywords: 928, house, all

Summary: The meeting was an orientation-style overview from the Office of Professional Licensure and Certification (OPLC), led by Executive Director Deana Jurus and staff. They described the office’s mission to protect public health, safety, welfare, the environment, and the public trust, and outlined the agency structure: enforcement, licensing and board administration, operations, legal counsel, board counsel, and the hearings bureau. OPLC said it currently supports 57 boards, including seven advisory boards, and has about 104 filled positions out of 120 authorized. They also noted new voluntary certifications for doulas, lactation consultants, and community health workers that are in rulemaking. A substantial portion of the discussion focused on how boards and staff divide responsibilities under RSA 310:4. Staff explained that the office handles application processing, complaint intake and initial review, records retention, 91-A requests, and rule drafting, while boards make final decisions on licensure criteria, complaint dismissals or investigations, disciplinary actions, and some hearing matters. They also described the rule structure by chapter number ranges and the distinction between full licensing boards and advisory boards. The committee asked about complaint notifications, and OPLC said it is tightening policies so complainants are told whether a matter is closed or moving forward. The licensing process was discussed in detail, especially for nursing. Bethany Katrell explained that applicants apply through an online portal, may receive approval to sit for exams, can work under provisional authority in some cases, and then receive full licensure after exam results and criminal background checks are complete. OPLC said the portal now reduces back-and-forth paperwork and that, as of the latest biweekly report, 87% of applications were decided within the statutory 90-day period and 57% within 14 days. Members also raised questions about why some professions require board approval before taking an exam, and OPLC said that requirement varies by statute or board rule. No votes or formal actions were taken during the discussion.

Transcript Highlights:

• Decision rights, speed, and repeatability of decisions fall as a part of this criterion.
• I think I'm going to turn my camera off.

Keywords: 908, all

Transcript Highlights:

• Decision rights, speed, and repeatability of decisions fall as a part of this criterion.
• I think I'm going to turn my camera off.

Summary: The Water Topics Overview Committee met with a quorum and received updates from the Department of Water Resources and the State Water Commission, followed by presentations from Deloitte on two legislative studies required by House Bill 1020. Director Reese Haas reviewed major project and budget updates, including the Northwest Area Water Supply and Southwest Pipeline projects, Resources Trust Fund balances, carryover spending, project prioritization, bid conditions, regional water system coverage, and department process improvements. Members also discussed how the commission prioritizes projects, maintenance expectations, and the impact of limited municipal water supply funding. No formal committee action was taken during the DWR update; the commission’s municipal funding decisions were described as pending its April 8 meeting. Deloitte then presented the cost-share policy study, which found that under current policy and forecasted revenues, North Dakota faces an estimated $1.3 billion shortfall over 14 years, with a near-term gap of about $1.8 billion through 2031. The firm outlined seven recommended options, including tighter definitions and a 25% cost share for eligible replacement projects, caps and financing strategies for the Mouse River and Red River Valley projects, aligning cost share with commission priority guidance, delaying lower-priority projects, using available lines of credit, and adjusting reimbursement timing for revolving loan funds. Committee members questioned inflation assumptions, affordability, user fees, and the use of legacy fund earnings for bonding, but no decisions were made. In the governance and finance study, Deloitte said final recommendations are still being refined, with a final report due May 29. The study examined the Southwest Pipeline, NAWS, and Red River Valley systems using governance and finance criteria such as decision authority, transparency, affordability, risk, and access to funding. For Southwest, Deloitte outlined options ranging from improved state-authority coordination to transferring ownership to the Southwest Water Authority; for NAWS, options focused on strengthening the authority’s role and potentially transitioning operations and maintenance; and for Red River, options ranged from enhanced facilitation to formal state oversight or state ownership. Members asked follow-up questions about ownership transfer, capital repayment streams, and why NAWS was not considered for transfer, and Deloitte said NAWS’s limited organizational maturity made that option less viable in the near term.

Transcript Highlights:

• The speed with which we got educated on THC causing psychosis is a blessing.
• I would check the vent for hidden cameras. I was afraid to go outside.

Bills: SB5, SB11, SB12, SB 5, SB 11, SB 12

Keywords: hemp regulation, consumable products, cannabinoids, occupational licenses, criminal offenses, SB 11, Texas attorney general, election crimes, election law enforcement, criminal prosecution, Election Code, Government Code Chapter 402, local prosecutors, county attorney, district attorney, grand jury, probable cause reports, state election offenses, voter fraud, election integrity

Transcript Highlights:

• in sales, We had a security staff out there the next day digging through their records and their cameras
• terminals were delivered to multiple locations that did not have public access, and it was in lightning speed

Bills: SB 28, SB 687, SJR 34, SCR 9, SB 523, SB 62, SB 847, SB 706, SB 869, SB 890, SB 992

Keywords: lottery, gambling, internet gaming, mobile application, criminal offenses, SB 687, land surveyor, land surveying, surveying services, construction contract, anti-indemnity, indemnity, hold harmless, defense obligation, standard of care, professional negligence, civil practice and remedies code, local government code, governmental agency, public contracts

Summary: The meeting was a crucial session for discussing several important bills including SB992, which aims to establish a clear time frame for the Attorney General's approval on outside legal counsel for state agencies. Senator Nichols presented the bill, emphasizing its necessity for timely responses to ensure efficient legal processing. Another notable discussion centered around SB523, which seeks to allow parole and probation officers to use a business address on their driver's licenses for safety and security purposes. This bill passed favorably out of the committee, with public testimony supporting the need for such provisions due to the risks these officers face.

Transcript Highlights:

• Stand right in front of everybody and the camera, please. Good to be here.
• you have questions, you guys will just stop me, and it's your committee, so you can cut me off or speed

Keywords: 1183, house

Transcript Highlights:

• Some can accelerate to 60 miles an hour in under four seconds, and the top speeds of many are over 65
• They surely don't expect a small watercraft going at that speed.
• <00:46:00.079> they watercraft going at that speed they watercraft going at that speed they
• She continued that the key or mode restricts the speed to 50%.
• <01:11:07.679> to restricts the speed to restricts the speed to 50%<01:11:09.520> um

Keywords: 928, house, all

Summary: The committee first discussed scheduling and notice for upcoming executive sessions on a larger slate of bills, including plans to take up eight bills in the morning and possibly the last three bills in the afternoon, with caucus time provided if needed. The chair emphasized advance notice, publication, and flexibility if more bills are added later. The hearing then opened with the Pledge of Allegiance and proceeded to HB 568, a bill allowing local planning boards to request water supply studies for subdivisions to ensure water adequacy as housing density increases. Representative Kat McGee, the prime sponsor, said HB 568 was developed after constituent concerns about private wells being affected by nearby development. She described the bill as narrowly tailored, non-mandatory, and intended to preserve local control while clarifying that planning boards may request studies under local regulations. She noted bipartisan support, an exclusion for community water systems and larger groundwater withdrawals regulated elsewhere, and said the bill would help prevent water shortages and related problems for new and existing homes. Questions from members focused on whether the bill should specify that it applies to subdivisions of four or more lots, since that language had been in an earlier version. Testimony on HB 568 was mixed. Bob Quinn of the New Hampshire Association of Realtors opposed the bill, arguing it lacked a definition of “water supply study,” could lead to expensive hydrology studies, and might raise housing costs; he suggested more work with DES or a study committee. DES administrator Brandon Kernin said the department had worked from a 2010 groundwater commission report, that such problems arise only intermittently in certain areas, and that the bill would make explicit local authority to adopt such ordinances. He also said DES data and homeowner surveys can help identify problem areas and that more robust wells could be considered in the long term. The committee noted 10 online submissions in favor and 3 opposed, plus blue-sheet testimony of 2 in favor and 1 neutral, and then closed the hearing on HB 568. The committee immediately opened HB 582, a bill on safety requirements for operation of personal watercraft. Representative Darby, the sponsor, said the bill responds to the speed and maneuverability of modern personal watercraft, which he described as more like motorcycles on water than traditional boats, and cited a fatal accident on Lake Monomonac as an example of the risks. He said the bill is not intended to restrict ordinary recreation or wake surfing, but to update safety standards for a newer class of larger, quieter three-person PWCs. The hearing began with Darby’s presentation, and no vote or final action was taken in the portion provided.

Transcript Highlights:

• point where he tracked her by very many means, with trackers in her vehicle, tracking her phone, cameras
• trackers in her vehicle, tracking her trackers in her vehicle, tracking her phone, phone, phone, cameras
• > the<02:24:35.520> house,<02:24:35.920> listening<02:24:36.479> devices cameras
• in the house, listening devices cameras in the house, listening devices in<02:24:37.200> the<

Keywords: 928, house, all

Summary: The committee held a public hearing on House Bill 1651, which would create a civil sexual assault protective order for survivors who do not have a domestic violence or stalking relationship with the offender, and would also update the sexual assault survivors’ bill of rights regarding evidence kit retention and tracking. Representative Jennifer Rhodes, the sponsor, said the bill is intended to fill gaps for survivors assaulted by strangers, acquaintances, or others outside existing protective-order categories, and to ensure evidence is preserved for the longer of the statute of limitations or the retention period. Committee members asked whether the new order could be misused and how the bill would prevent frivolous petitions; the sponsor said the same legal process would apply and a victim would still have to prove they were actually assaulted. Representative Eileen Kelly and Lynn Shallet of the New Hampshire Coalition Against Domestic and Sexual Violence testified in support, saying current law leaves many sexual assault survivors without a meaningful civil remedy unless they qualify for domestic violence or stalking relief. Shallet said the gap has existed for decades and noted that other states already have standalone sexual assault protective orders. She also said the bill would clarify survivors’ rights to know the status and location of their evidence kits. Shauna Foster of New Beginnings Without Violence and Abuse described local cases where survivors were denied protective orders because they lacked the required relationship with the offender, including a co-worker assault and an assault involving an unhoused survivor. Lisa Curtis, a survivor and founder of Safe Haven Ballet, gave emotional testimony in support, describing her own sexual assault and the difficulty of seeking protection and justice. She said survivors need safety to recover and that the bill would better align the justice system with trauma-informed support. Janet Carroll, a sexual assault nurse examiner and advisory board co-chair, testified that the bill’s evidence-kit provisions reflect federal changes and existing tracking practices. She explained that New Hampshire uses a kit tracking system that lets patients and professionals follow kits through the process, and said the bill would codify the right to be informed of a kit’s status and location. No vote was taken during the hearing.

Transcript Highlights:

• traditional banking operations, but what you're effectively doing is taking advantage of increased speed
• cost<00:55:11.920> at<00:55:12.160> very<00:55:12.400> high<00:55:12.640> speed
• And it really has an incredible speed and fairness.
• Um, and it really has an incredible incredible incredible speed<01:10:27.280> and<01:10:27.600
• Um, it is a designed speed and fairness.

Keywords: 1189, house, all

Summary: The commission met with a quorum, approved the agenda, and approved the November 12 minutes after a motion, second, and unanimous voice/online consent. The chair said the meeting would include two presentations—one from Noah Herman of Fortress Global and one from John Kicko and team from Hedera—followed by discussion of the commission’s next steps and public comment. The chair also noted he was still seeking a clerk for note-taking. Herman’s presentation focused on stablecoins, blockchain use cases, and operational considerations for states and other institutions. He described Fortress as an enterprise crypto-wallet and treasury platform serving corporates, governments, and nonprofits, and used examples such as Save the Children and a large global commodities firm to illustrate custody and treasury management on blockchain rails. He said stablecoins are designed to maintain a U.S. dollar peg, are increasingly backed by treasuries and subject to greater transparency, and are being adopted by major firms and payment companies because they can improve speed, reduce cost, and simplify payments. He also highlighted market growth, including claims that stablecoins now represent a significant share of on-chain activity and are a major holder of U.S. Treasuries. He identified custody as a key issue for state and institutional use, outlining qualified custody, managed custody, and self-custody models. He said the main practical challenge for the commodities client was moving funds safely and quickly across global time zones and that blockchain rails could solve problems that traditional banking rails could not. He framed the broader trend as one of accelerating institutional adoption, citing recent acquisitions and product launches by Visa, Stripe, Citi, and PayPal as evidence that stablecoin infrastructure is becoming mainstream.

Transcript Highlights:

• And regulations to speed preparedness for and recovery from natural disasters.
• And I think that speaks to the speed of streamlining recovery.
• Covering from, what about streamlining the speeding up of preparedness, getting ready for?
• We're working with the tech and looking for. ...ways to do more cloud computing to speed it up.
• The speed that was one that you knew it was going to flood.

Keywords: 1185, senate, all

Transcript Highlights:

• words in his mouth, but I watched this as did all of us who were on this committee then, because the speed
• year, there were some complaints, and maybe justifiable complaints from the other side, about the speed
• year, there were some complaints, and maybe justifiable complaints from the other side, about the speed
• year, there were some complaints, and maybe justifiable complaints from the other side, about the speed
• <01:40:44.280> of<01:40:44.400> things<01:40:44.599> and other side about the speed

Bills: HF3

Keywords: legislative auditor, reporting, accountability, state finance, executive agency oversight, 1183, house