Transcript Highlights:

• Yeah, if memory serves me correctly, it was the Madison County Economic Development Authority.
• Yeah, I believe it was the Madison County Economic Development Authority.
• <00:07:27.520> Authority, County Economic Development Authority, County Economic Development
• I think this would do more, at least in the line of paying bonds.
• paying bonds. paying bonds.

Keywords: Public Property - Room 409, 26 February, 2026; 11:00 P.M., 925, all

Summary: The committee took up several public property bills and reported each one out after brief discussion. HB 1041, authorizing the Mississippi Soil and Water Conservation Commission to construct and maintain a levee system along the Yazoo River, was explained as a flood-control measure and passed without questions. HB 1520, which would allow the Department of Archives and History to convey about 23 acres associated with the Dancing Rabbit Creek Treaty back to the tribe, was also reported out. HB 1732, concerning sale of DPS property in the Lauderdale County/Meridian area, was amended so proceeds from any sale or lease would go to the state general fund, then passed as amended. HB 1731, the ABC warehouse bill in Gluckstadt, drew the most discussion. Members clarified that the bill concerns the old warehouse and not current ABC operations. Two amendments were adopted: one corrected a reference to the Department of Finance and Administration and directed proceeds from the sale to defray Department of Revenue costs tied to the new warehouse, and another specified the property recipient as the Madison County Economic Development Authority rather than a generic entity. After questions about whether sale proceeds should instead return to the general fund and whether the language properly covered warehouse debt, the committee voted to report the bill out as amended. The committee then discussed HB 1716, a Mississippi Main Street revitalization grant bill. Supporters said the bill expands eligible recipients to include Main Street network associate communities and business improvement districts, requires only local cash matches, bars state funds from being used for the match, shifts administration to MDA, and caps administrative costs at 2 percent. Members also reviewed how the bill was intended to address a backlog of grant applicants and the governor’s concerns about prior administration of the program. After questions about the grant list, funding process, and the 2 percent cap, the committee voted to report HB 1716 out, and the meeting adjourned.

Transcript Highlights:

• for a state general obligation bond.
• The state typically issues under $150 million of general obligation bonds.
• State's bond State's bond ratings<01:36:35.719> when<01:36:36.080> the<01:36:36.400
• The question was whether this should be Highway-funded bonds or General-funded bonds."
• game funding source or whatever bonding game funding source or whatever bonding ability<05:12:55.000

Keywords: 928, house, all

Summary: The Department of Administrative Services presented its capital budget process and priorities, explaining how agencies assess facility needs, rank projects, and submit requests to the governor’s office. DAS described its Plant and Property division, which maintains 96 state buildings, and Public Works, which develops detailed cost estimates for selected projects. Officials said the governor’s office has traditionally narrowed requests into priority tiers, but this year all projects were estimated, creating more work and less detail. They also emphasized that the capital budget book functions as legislative intent and can be binding on how approved funds are used. On the substance of the request, DAS highlighted several priorities: continued funding for the state ERP system upgrade to the cloud, with about $5 million requested for sustainability and related Treasury functions; emergency fund and annex renovation work; a sprinkler replacement at DMV; and elevator repairs at the main building. Karen Rocky also identified maintenance projects that rose in priority after a facility condition assessment, including HVAC work for Portsmouth Circuit Court and Coos County Courthouse, boilers and controls for Carroll County and Lebanon Circuit Court, brick repointing at the main building and annex, window replacement at Spalding, and Brown building elevator replacement. Officials noted that the governor’s proposed capital budget included fewer DAS projects than in past years and no projects for the Bureau of Court Facilities. The committee also discussed lapses and reprogramming of prior appropriations. DAS said the first eight projects approved in 2023 remain under construction and should be extended, while many 2021 projects are delayed because of ARPA-related workload and broader construction backlogs. Members reviewed a 2019 project list and agreed to lapse project number 49, the Spalding roof project, with about $81,000 remaining. DAS also said some small 2019 balances, including courthouse generators, a boiler, cooling and controls, roof and exterior repairs, and the State House Annex elevator, could be redirected through Capital Budget Overview toward the Hillsboro County South Cell Block project. The hearing ended with questions about project schedules, ARPA deadlines, and the division of authority between DoIT and DAS for the ERP system.

Transcript Highlights:

• Excellency, the Governor, recommending legislation relative to providing for the terms of certain bonds
• Excellency, the Governor, recommending legislation relative to providing for the terms of certain bonds
• Joint Rule 1F, the message from Her Excellency, the Governor, will be referred to the Committee on Bonding
• extending until Wednesday, December 3, 2025, the time within which the Committee on Labor and Workforce Development

Keywords: 995, all

Summary: The House received a gubernatorial message recommending legislation on the terms of certain Commonwealth bonds, which was referred to the Committee on Bonding, Expenditures and Capital Assets. The Committee on Rules also reported a congratulatory resolution for Jason X. Rosala’s Eagle Scout achievement, which was adopted after suspension of the rules. In addition, the House adopted an order extending the Labor and Workforce Development Committee’s reporting deadline to December 3, 2025, and suspended Joint Rule 12 to send several petitions to committee, including matters on Medicare coverage for end-stage renal disease, two sick leave bank proposals, and transportation of certain loads. The House then took up a slate of bills for second and third reading, including measures on retail sales, innovation and entrepreneurship, charity alcohol auctions, water flow in the Central Plymouth County Water District, a Wellfleet food pantry lease, the Richmond Free Public Library, procurement regulations for Cambridge and the Commonwealth, and charter changes for Provincetown. All were ordered to a third reading. Later, the House passed to be engrossed House Bill 3912 to increase the Marblehead Board of Health from three to five members, House Bill 4323 establishing a sick leave bank for a State Police employee, House Bill 4324 establishing a sick leave bank for an Appellate Tax Board employee, and House Bill 4263 establishing a charter for the city of Medford. The House also adopted an order from Representative Mariano setting the next meeting for Monday at 11:00 a.m. After that, Representative Soder moved adjournment, and the House adjourned to meet Monday next at 11 a.m. in an informal session.

Transcript Highlights:

• responsibility of developing something responsibility of developing something that<00:51:28.680>
• do our conduit issuance bond process. do our conduit issuance bond process.
• 55:18.840> Hampshire<03:55:19.400> HEFA conduit bonds that New Hampshire HEFA conduit bonds
• nor the state, get their conduit bonds.
• nor the state, get their conduit bonds. nor the state, get their conduit bonds.

Keywords: 1189, house, all

Transcript Highlights:

• House Bill 143 should pass, an act relating to fiduciary bonds.
• 06:45.280> relating<00:06:45.600> to<00:06:45.840> fiduciary<00:06:46.560> bonds
• an act relating to fiduciary bonds. an act relating to fiduciary bonds.
• It requires local school boards to develop a process for the utilization of a universal screener and
• development and workforce investment. development and workforce investment.

Keywords: Convene 00:00 Senate Message 05:11 Report of Committees 06:05 Orders of the Day/HB 320 07:52 HB 366 14:55 HB 389 17:22 HB 56 22:10 Motions, Petitions, and Communications 25:47 Introduction of New Bills and Resolutions 29:20 Petition of Impeachment Filed 31:24 Recess for ConC/Rules Meeting 32:03 ConC/Rules Report 36:31 Floor Amendments 37:29 Adjournment 37:47, 958, all

Summary: The House convened with prayer and the pledge, recorded 96 members present, excused absences, and approved the journal from January 27, 2026. The Senate clerk announced passage of Senate Bills 17 and 181 and requested concurrence. Committee reports advanced a number of bills on health insurance, judiciary, local government, and transportation topics, including measures on pharmacist reimbursements, hearing aid coverage, feeding and eating disorders, grooming a minor, local government liability, water fluoridation, cigar bars, chickens on residential property, highway pavement markings, motor vehicle titles, and pedestrian issues; all favorable reports were treated as first readings and placed on the calendar. The House then took up and passed House Bill 320 on human trafficking, with the sponsor explaining it would equalize penalties for promoting human trafficking with those for trafficking itself and increase the penalty when the victim is under 18. A member asked whether the bill included additional funding for cyber enforcement; the sponsor replied it was not an appropriation and would not require new funding, though prior budgets had increased support for anti-trafficking efforts. The House adopted a title amendment changing the bill’s title to combating human trafficking. The chamber also passed House Bill 366, which clarifies that materials portraying a sexual performance by a minor include computer-generated images and requires 85% service of the sentence before probation or parole; the sponsor said it was supported by law enforcement and prosecutors. House Bill 389 on reading and writing in schools also passed as amended by House Committee Substitute 1. The sponsor said it would require annual updates to the state dyslexia toolkit, expand professional development and coaching, require local school boards to develop processes for universal screening and diagnostic tools, and add dyslexia instruction to teacher preparation programs; the substitute added conformity with IDEA and revised the instructional language. Members spoke in support of early dyslexia detection and one member noted the bill updated prior legislation associated with former Rep. Bam Carney. House Bill 56, an omnibus Department of Agriculture bill, then passed; it addressed amusement ride inspections, grain warehousing penalties, egg handler licensing renewal timing, exemptions for small producers, and repealed obsolete tobacco and egg marketing board provisions. All three bills passed by roll call with 95 or 94 votes in favor and none opposed, and clinchers were applied. During announcements, members noted upcoming committee meetings and events, including a suits-and-sneakers day and cancer-related breakfast, caucus meetings, and committee meetings. New bills and resolutions were introduced, including measures on local occupational license fees, early learning and child care, tuition waivers, an adult workforce diploma pilot, motor vehicle usage tax, contract procurement, Fish and Wildlife Resources, adoption, veterans’ benefits, Cabinet for Health and Family Services operations, organ donation safety, hate crimes, prescription drugs, and resolutions on the Kentucky-Japan partnership and veterans’ benefits accreditation. The clerk also reported a petition of impeachment filed against Judge Julie Goodman. The House then referred a group of bills to committees, reported floor amendments for House Bills 321 and 416, and adjourned until 2:00 p.m. Thursday, January 29, 2026.

Transcript Highlights:

• These students develop missions.
• And with that, I yield back. bond or personal recgnissance. bond or personal recgnissance.
• the for-profit bail bond industry.
• bond strengthens the for-profit bail bond industry. industry. industry.
• > or post monetary bail, criminal bonds, or post monetary bail, criminal bonds, or federal<03:

Keywords: U.S. House of Representatives Floor Proceedings on Thursday, May 14, 2026, 1012, house, all

Transcript Highlights:

• our Steel County Workforce Development our Steel County Workforce Development Office<00:57:40.960
• 00:58:55.040> career also developed a successful career also developed a successful career pathways
• is licensed and bonded under 103I.25 or 103I.31.
• is licensed and bonded under 103I.25 or 103I.31.
• is licensed and bonded under 103I.25 or 103I.31.

Keywords: 1183, house

Transcript Highlights:

• The city first developed the downtown tax in 1986 to fund varied development, construction, and maintenance
• The city first developed the downtown tax in 1986 to fund varied development, construction, and maintenance
• Number one, we repay the state for the city's portion of the construction bonds, which I believe happened
• I am the director of the development finance team in the finance department at the city of Minneapolis
• I am the director of the development I am the director of the development finance<00:03:36.440><

Keywords: 1183, house

Transcript Highlights:

• not just water supply for development not just water supply for development when<00:12:39.320>
• Were there any talk on developers who are developing impact fees to help pay for the water supply?
• c> are different than developments that are different than developments that are currently<00:17:
• , or wanted or needed development.
• or or wanted or needed development or or wanted or needed development<00:44:38.520> uh<00:44:

Keywords: 1191, senate, all

Transcript Highlights:

• So this is something that has developed a bit of a cottage industry on social media.
• to strengthen public safety, improve consistency across jurisdictions, and close gaps that have developed
• information-sharing through required NCIC entry for felony failure to appear warrants, and ensures bonds
• written authorization before bond may be reinstated, and removes the mandatory minimum bond requirement
• But what I do want to say is that Florida regulates the bail bond industry greatly, and they should.

Transcript Highlights:

• I think the other thing that we're looking at is how we can invest in community development...
• We are also a community development financial institution.
• CHIRLA has been successful in being able to bond individuals out, and so now that people are bonding
• He has not been able to be bonded out.
• He has not been able to be bonded out.

Summary: The Select Committee on Latina Inequities met at Los Angeles Mission College in Sylmar, hosted by Assemblymember Celeste Rodriguez and joined by Assemblymember Mia Bonta. Rodriguez opened by framing the committee’s work around the economic status of Latinas and the effects of federal policies on the economy and social safety net, while the college president welcomed the committee and described campus services for undocumented and housing-insecure students. Rodriguez also emphasized the local impact of immigration enforcement in the San Fernando Valley and said the hearing would focus on Latinas’ economic conditions, immigration enforcement impacts on the workforce and safety, and H.R. 1’s effects on the safety net. The first panel featured HOPE’s Maria Morales and Dr. Elsa Macias, who presented findings from HOPE’s National Economic Status of Latinas report. They said Latinas are a major and growing part of California’s population and workforce, but face persistent inequities, including a large wage gap, higher unemployment, high uninsured rates, student debt, and affordability pressures around child care, housing, and education. They also discussed entrepreneurship, noting both the growth of Latina-owned businesses and barriers such as limited access to capital, technical assistance, and retirement and health coverage. In response to committee questions, they said higher education can still offer a strong return on investment, but only if students can complete degrees without being overwhelmed by debt and care costs; they also pointed to policy solutions such as SB 642, mentorship, financial literacy, CalSavers access, and support for community development financial institutions. The second panel focused on immigration enforcement and Latina safety in the workforce. Luis Nolasco of the ACLU described arrests tied to apparent ethnicity and Spanish-speaking, the chilling effect on families, and the loss of wages, school attendance, and mobility. Dr. Amada Armenta said immigration enforcement harms California’s economy, public health, and mixed-status families, and noted that undocumented workers are concentrated in agriculture, construction, and child care. SEIU’s Jen Baca Beltran said raids and school-based enforcement traumatize children and families and highlighted the need for Know Your Rights trainings. Megan Ortiz of IDEPSCA described repeated Border Patrol raids on day labor centers, injuries to staff, and the need to protect worker centers, domestic workers, and street vendors. Inclusive Action’s Shannon Camacho said raids have forced many informal workers to stop working, prompted emergency cash assistance and rent relief efforts, and strengthened advocacy for vendor protections and CDFI support. CHIRLA’s Jeanette Zanipatine said the rapid response network has expanded, documented widespread arrests and detention conditions, and is providing direct support and legal referrals; committee members asked about detention, maternal health, and what the state can do, and panelists urged stronger oversight, more legal representation, and protections for pregnant and detained people.

Transcript Highlights:

• <00:04:57.440> peace workforce and economic development peace workforce and economic development
• <00:25:52.480> Kevin today um Economic Development Kevin today um Economic Development Kevin
• <00:26:14.880> all McKinnon for economic development all McKinnon for economic development
• Commissioner for economic development Commissioner for economic development and<00:26:23.520>
• is the business Community Development is the business Community Development Division<00:26:56.640

Keywords: 1183, house

Summary: The committee held an introductory organizational meeting for the newly named Workforce and Economic Development Committee, with Chair Dave Baker noting a quorum and that no votes or formal actions were scheduled. Members and staff introduced themselves and described their districts, backgrounds, and priorities. Several members emphasized worker protections, labor experience, small business concerns, rural economic issues, and the importance of balancing employer and employee interests. Others highlighted education-to-workforce pathways, affordability, support for seniors, and opportunities for immigrant and refugee communities. Chair Baker said he wants the committee to find a balance between protecting labor and ensuring a strong employment base, fair rules, and fair taxes, while also acknowledging concerns about recent policy trends and the need to get proposals right before they leave the committee. Members from both parties echoed themes of collaboration and economic opportunity, though some Republicans criticized past rules and regulations as burdensome on small businesses. The committee also welcomed nonpartisan staff and DFL/GOP staff, including the committee administrator, legislative assistant, House Research, and fiscal analysis staff. The committee then received an overview from DEED Commissioner Matt Varilek and deputy commissioners. Varilek described DEED’s mission as empowering growth of the Minnesota economy for everyone, increasing prosperity and extending it broadly, and coordinating with other agencies such as Labor and Industry to avoid duplication and use taxpayer dollars efficiently. He said DEED focuses on business attraction, retention, and expansion, workforce development, and helping Minnesotans—including people with disabilities—prepare for jobs and independent living. A deputy commissioner began outlining the economic development division’s structure and operations, but the transcript cuts off before the full presentation was completed.

Transcript Highlights:

• And I'm uh set up a bond and insurance.
• . bond. bond.
• And for developed infrastructure.
• <01:06:09.039> permits issuing all kinds of development permits issuing all kinds of development
• So to develop these summarize.

Keywords: 910, house, all

Summary: The committee heard testimony on several shoreline easement resolutions and a water-supply study resolution. For the easement measures, the Department of Land and Natural Resources supported each item, and testimony also came from affected landowners and community members. Members asked about why some easements were granted gratis to public agencies, with DLNR explaining that those cases involved public infrastructure such as stormwater management and did not require bonds or rent. For private properties, DLNR described the standard process of monthly rent during the legislative approval gap, followed by a one-time appraised payment for a 25-year easement once the appraisal is completed. A substantial portion of the discussion focused on shoreline erosion and whether hardened shoreline structures or seawalls were contributing to beach loss. On one measure, DLNR explained that a large sandbag shoreline structure was tied to a nearby boat harbor that had altered sand movement over time, causing flanking erosion on adjacent unarmored property. On another, DLNR said a wall built under a valid 1960s permit was originally a boundary or landscaping wall, but now functions as a seawall as the shoreline has migrated landward. Members raised concerns about fairness, public beach access, and whether adjacent owners should share costs, and DLNR responded that shoreline matters are handled parcel by parcel under existing statute. The committee also heard support for a resolution creating a task force or study on desalination. DLNR’s Commission on Water Resource Management supported the intent but asked for more time to complete a comprehensive report, noting the work would require substantial staffing and coordination. The Board of Water Supply and CARES also testified in support, with CARES emphasizing future water-supply needs, cultural and historic preservation concerns, and the importance of coordinating with other agencies. DLNR said it would rely on existing studies and work with county agencies and the Department of Health. No votes or final committee actions were taken during the portion of the hearing provided.

Transcript Highlights:

• Development Committee, then back to the Revenue and Tax Committee.
• The bonds between the state of California and the Republic of Ireland have long been strong and remain
• Irish were also an integral part of California history, significantly contributing to the development
• He was a driving force behind the development of public transportation, He was a driving force behind
• the development of public transportation, ensuring the San Diego Trolley served diverse communities

Summary: The Assembly convened after a quorum call and prayer, then handled several procedural matters before moving to the daily file. Members approved a motion to withdraw Assembly Bills 100 through 219 to the second reading file by a roll call vote of 42-15, and unanimously approved re-referrals of AB 440 and AB 1265 to different committees. The chamber also welcomed international visitors, student and community guests, and later heard a series of guest introductions tied to agriculture, immigration, and Irish heritage. The main floor action centered on two resolutions. H.R. 19, recognizing California Agriculture Day, drew strong support from members representing agricultural districts, who highlighted the state’s farm production, exports, and the role of farmworkers and ranchers; the resolution was adopted by voice vote after 65 co-authors were added. ACR 51, honoring Irish American Heritage Month, was also adopted by voice vote after 66 co-authors were added, with members speaking about Irish immigration, labor history, California-Ireland ties, and St. Patrick’s Day. The Assembly also held multiple adjournment-in-memory tributes for the Honorable Leon Lawson Williams, a pioneering Black civic leader in San Diego who served on the City Council and County Board of Supervisors and helped expand public transit and advance civil rights. Members from San Diego and others described his barriers-breaking career and lasting influence on local government and community leadership. The House then received announcements about upcoming committee hearings and adjourned until Thursday, March 20, at 9 a.m.

Transcript Highlights:

• But I can, you know, I can drive on the roads in Texas if I have a bond with the state that takes care
• For insurance, if we tweak that and just say, hey, or you can get a bond for the project.
• Bonding, generally in the past—and we've worked through bonds—is a very specific... ...project.
• process because a bond, typically, you've got to have a lot of input data.
• That has to be pushed back to Wednesday, and that generally doesn't work well with bonds.

Bills: HB139, HB1818, HB1942, HB1959, HB2221, HB2254, HB2563, HB2067, HB2275, HB3211, HB139

Keywords: HB 1818, Texas Insurance Code, Texas Department of Insurance, commissioner of insurance, health maintenance organization, HMO, insurer, utilization review, preauthorization, prior authorization, medical necessity review, health care services, medical care, insurance regulation, insurance examination, regulatory oversight, confidential records, public information exception, Chapter 843, Chapter 1301

Transcript Highlights:

• We work on a number of issues, including economic development and also our community engagement team.
• We've allowed for different phasing so you can do acquisition and development at different times.
• Those were development projects. They were significantly higher.
• We developed a new bias awareness training in-house... ...from urban and rural communities.
• The last two things I'm going to talk about: we do a lot to develop places to get outside.

Summary: The Capital Budget Committee heard presentations from the Department of Commerce, the Recreation and Conservation Office (RCO), and a consultant on the School Construction Assistance Program (SCAP) study. Commerce officials described their agency’s role in housing, energy, local government, broadband, and other capital programs, and reported on a $5 million pilot under Senate Bill 5200 that used trusted community messengers and technical assistance to help historically excluded organizations prepare for capital funding. They said 18 organizations received direct support and 79 smaller projects were also funded, but emphasized that statutory match rules, reimbursement-based payments, site-control requirements, insurance and audit costs, and extensive contracting rules remain major barriers. Commerce outlined efforts to expand outreach, digital modernization, internal contracting improvements, tribal MOUs, and innovation centers, and members asked about small business support, housing program placement, and outreach to Eastern Washington and communities of color. RCO described its grant programs for recreation, conservation, education, and salmon/orca recovery, and reviewed equity work done before and after a 2021-23 proviso. The agency had already created a small-communities carve-out in youth athletic facilities, piloted stipends for advisory committee members, and reduced match requirements where allowed. Under the proviso, RCO completed an equity review and a planning program that funded 54 projects across 34 counties, with many applicants being new or long-absent grantees. Staff said the review led to changes in scoring criteria, clearer application guidance, more objective data measures, expanded technical assistance, and targeted community engagement. Members asked about application burden, project sizes, outreach, and how the agency is broadening participation and representation on advisory committees. The final presentation summarized a planning study on SCAP, which examined rising construction costs, fragmented grant programs, local funding barriers, and uneven district capacity. The report recommended nine major changes, including stronger planning support, a new minor-modernization category, a mechanism to use unused funds more quickly, an education-specification prototype, a SCAP enhancement program for low-capacity districts, acceptance of non-SCAP funds, phased modernization, streamlined D-form and reimbursement processes, and revisions to the SCAP formula to better account for grade-band differences, enrollment projections, and regional cost factors. Additional recommendations included ongoing monitoring and evaluation, facilities-impact reviews, matching SCAP increases to construction-cost inflation, earlier locking of funding estimates, flexible program spaces, and updated statewide building-condition assessments. No votes were taken during the meeting.

Transcript Highlights:

• So back to the bond—when you place a bond, it's to ensure performance. That's what bonds are about.
• I don't get in this scenario here who ends up with a bond.
• This is as if there is a bond.
• bond would be returned.
• the appointment of the youth development the appointment of the youth development claims<01:07:51.599

Keywords: 1191, senate, all

Transcript Highlights:

• reports to prosecuting attorneys and the Attorney General, and 3 were certified to the Government Bonding
• The major categories of the state's liabilities include bonds, notes, and installment agreement payables
• Two findings were issued for the Child Care Development Fund Cluster, also known as the CCDF Cluster.
• They're important in considering that the first one relates a lot of times to the bonding and the bond
• So specifically then on the child care development fund clusters, I think those have gotten a lot of

Keywords: 1204, all

Transcript Highlights:

• We have staff that is both on the business development side as well as the development coding side to
• <01:38:26.400> and you had use cases municipal bonds and you had use cases municipal bonds
• , any institutions that wants to develop.
• > develop.
• So there are actually wants to develop.

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:

• It also amends the Transportation Cabinet budget to unlock the I-69 funding that unlocks the Garvey bonds
• It also amends the Transportation Cabinet budget to unlock the I-69 funding that unlocks the Garvey bonds
• 45.840> Garvey I69 uh funding that unlocks the Garvey I69 uh funding that unlocks the Garvey bonds
• funding to make the whole line of four-lane highway, thus further opening up Eastern Kentucky for development
• funding to make the whole line of four-lane highway, thus further opening up Eastern Kentucky for development

Keywords: Roll Call 00:15 HJR 46 Discussion 00:43 HJR 46 Vote 2:58 HB 546 Discussion 04:10 HB 546 Vote 06:00 HB 443 Discussion 07:30 HB 443 Vote 09:35 HB 783 Discussion 10:29 HB 783 Vote 15:29, 958, all

Summary: The committee met with a quorum and first considered House Joint Resolution 46, a county priority projects resolution. Members approved a committee substitute that added $1.47 million and included Butler, Carroll, Casey, Cumberland, McGoffin, Monroe, and Nicholas counties. The resolution was then reported favorably with a title amendment and an expression of opinion that it should pass. The committee next took up House Bill 546, which creates the local assistance road program and related rules. The committee substitute moved $47 million from the state-supported construction program back to priority projects and amended the Transportation Cabinet budget to unlock I-69 funding tied to Garvey bonds. After discussion about continuing to refine the program, the committee approved the substitute, adopted a title amendment, and reported the bill favorably with an expression of opinion that it should pass. House Bill 443 was then heard, extending the Hal Rogers Parkway from Hazard along Kentucky Route 80 to Perry and Floyd to support future federal funding and four-laning of the corridor. The committee reported it favorably with the expression of opinion that it should pass. Finally, House Bill 783 was presented as a response to temporary tag fraud in auto sales, with testimony from Representative Jackson, Warren County Sheriff Brad Hightower, and the Kentucky Auto Dealers Association. Supporters said the bill adds enforcement tools, including felony penalties for serious violations and discretion for the Motor Vehicle Commission so mistakes are not treated the same as deliberate fraud. The committee voted to report the bill favorably with the expression of opinion that it should pass.