Transcript Highlights:

• you're not intimately familiar with it, this would be money that is paid for expert witnesses for Deposition
• to have a deficit that we couldn't spend the money, we wouldn't be able to do things like take Depositions
• We wouldn't be able to attend depositions out of state, nor would we be able to pay witnesses' travel

Keywords: 999, senate, all

Transcript Highlights:

• This money is then sent to the local government where the offense occurred for deposit in the general
• This money is then sent to the local government where the offense occurred for deposit in the general
• Staff said fine revenues were deposited into the county's general fund, with general fund money distributed

Committee: Joint JLARC I-900 Subcommittee for SAO Performance Audits

Summary: The Joint Legislative Audit and Review Committee I-900 Subcommittee heard JLARC’s annual update on the status of legislative implementation of State Auditor recommendations, followed by two State Auditor performance audits. JLARC staff reported that for the 2024 review period there were three new legislative recommendations and three unresolved older recommendations. They said the legislature did not convene a work group on civil asset forfeiture, and no formal action was taken on two water-use-efficiency recommendations. Two recommendations related to concurrent Medicaid enrollments were addressed in a bill introduced this session, but that bill was not adopted. The first audit examined how Washington can ensure climate-resilient electricity infrastructure. The State Auditor found the state has opportunities to better adapt new energy infrastructure by using more site-specific climate information, broader collaboration, and vulnerability assessments. The report recommended expanding climate analyses through the University of Washington Climate Impacts Group if funding is available, using forecasted information in DNR wildfire maps, designating a non-regulatory office to coordinate siting and conflict resolution, and expanding vulnerability assessments in Ecology and Commerce processes. Agency witnesses generally agreed resilience is important but emphasized existing efforts, the need to avoid duplicative requirements, the importance of affordability and efficiency, and the role of current forums such as the Clean Energy Siting Council and SEPA processes. The second audit reviewed fines for human trafficking and related sexual exploitation crimes. Auditors found courts assessed fines inconsistently, collection rates varied, some revenues were sent to the wrong local government, and some jurisdictions did not use the money as required for enforcement, prevention, or survivor services. The audit recommended courts work with prosecutors to improve awareness of mandatory fines, and that King and Pierce County improve coding, templates, and tracking so revenues are routed and used correctly. King County testified that it appreciated the audit and described its existing prevention and survivor-support work. The committee took no votes or formal actions and adjourned after the presentations and testimony.

Transcript Highlights:

• While we believe that most of the criteria are met, the bill does not contain an explanation as to why
• an explanation as bill does not contain an explanation as to<01:34:45.080><c> why</c><01:34:45.320><
• and play limits to set their own deposit and play limits and<01:56:51.119><c> to</c><01:56:51.280><c
• This level of deposits should be a sign of problem gambling, but instead the casinos use that deposit
• This level of deposits should be a sign of problem gambling, but instead the casinos use that deposit

Committee: House Finance

Keywords: 910, house, all

Transcript Highlights:

• This was just an extension of a limitation of alcohol beverage licenses in House District 3.

Committee: Senate Judiciary B

Summary: The Senate Committee on Judiciary B met on May 21 with a quorum present, approved the May 14 minutes, and then took up a long agenda of bills and resolutions. It first reported Senate Resolution 125 favorably, which urged the Navy to expedite funding and implementation of medium-unmanned surface vessels, citing jobs and private investment tied to Conrad Shipyard in Morgan City. The committee then heard House Bill 1253, the Gracie Claire Rushing Act, from Chairwoman Butler and Crystal Romero, who described the painful history of Gracie’s death, exhumation, and discovery that her heart had not been returned after autopsy; the bill was reported favorably without objection. The committee also reported favorably House Bill 89, a local retirement health insurance measure for the Third and 30th Judicial Districts; House Bill 1257, barring elected officials and immediate family members from owning interests in electronic monitoring companies; House Bill 1029, as amended, creating a moratorium on alcohol beverage licenses in House District 3 until 2027; House Bill 1011, making a juror-per-diem donation program for CASA permissive statewide; House Bill 1064, creating a domestic violence intervention court pilot in East Baton Rouge Parish with support from the Criminal Justice Coordinating Council and YWCA; House Bill 816, prohibiting foreign adversaries from buying land near military installations; and House Bill 940, creating a counter-unmanned aircraft system task force to coordinate law enforcement response to drone threats. The committee then heard House Bill 1247, which addresses the shortage of sexual assault nurse examiners by creating a statewide SANE coordinator in the Attorney General’s office and a response standards subcommittee; after adopting a technical amendment set, it was reported favorably with amendments. House Bill 335, expanding public-benefit eligibility verification to entities administering benefits and adding legislative auditor oversight, was also amended after concerns from food banks and disaster-response nonprofits, with members agreeing to work on additional floor amendments to protect essential services during emergencies. House Bill 623, a tobacco-related deadline fix, was voluntarily deferred to allow more time for drafting. The committee also reported favorably HCR 64, extending a report deadline for the Supreme Court drug and specialty court office. Later, the committee reported favorably House Bill 243, changing recusal procedures so cases go first to the Attorney General rather than a private lawyer; House Bill 451, allowing hearing notices to be sent more than 30 days in advance and electronically; House Bill 1251, reducing permit costs for very small in-state distillers; House Bill 1053, allowing salons, barbers, and boutiques to offer limited complimentary wine or champagne without a permit; House Bill 153, barring criminal-justice debt from being reported to credit agencies; House Bill 59, authorizing East Baton Rouge Parish to transfer funds to the public defender’s office; HCR 50, a task force request; HCR 102, continuing the Senior Task Force on Fraud Prevention; and House Bill 1098, part of the aerospace package addressing liability related to sonic booms. The meeting ended with adjournment after a brief exchange about LSU and McNeese football.

Transcript Highlights:

• This was just an extension of a limitation of alcohol beverage licenses in House District 3.

Committee: Senate Judiciary B

Keywords: 974, senate, all

Transcript Highlights:

• implementation as well as licensing of software, which is to support regulatory activities for the Alcohol Beverage

Committee: All ALC-REVIEW

Summary: The ALC-Review Subcommittee reviewed seven methods of finance, including university projects at ASU Jonesboro and Mountain Home, Black River Technical College deferred maintenance, UA Batesville’s Farm Project Gateway Center, UAMS PET cyclotron equipment, a new allied health building at UAPB funded by a federal grant, and UCA’s multi-purpose arena design work. The committee also approved an alternative delivery construction project for UAPB’s Allied Health and Sciences Building, with East Harding Construction selected and AMR Architects as designer. Members then approved discretionary grants from the Department of Health and DHS, including support for a heart attack center designation, community health worker training, homeless services funding corrections, behavioral health transition support, and an enabling technology pilot. In the contracts section, the committee reviewed RFQs, construction-related contracts, intergovernmental contracts, and a large slate of out-of-state and in-state contracts covering topics such as seatbelt survey data collection, Medicaid and DHS systems, state hospital staffing and services, veterans’ services, education assessments, and state IT and procurement projects. Several contracts drew extended questioning. Senators and representatives pressed DHS and the Department of Veterans Affairs about heavy reliance on contract nursing and staffing costs, and officials said they were using pay incentives and recruitment efforts to increase state employee staffing. Members also questioned AEDC’s lithium supply chain study and the Department of Education’s security contract, with concerns about projected costs and repeated amendments. The committee held three in-state contracts—Department of Education security services and two DHS staffing contracts—until Friday, then adopted the remaining contracts and received informational reports on contract amendments, executed contracts, and emergency procurements before adjourning.

Transcript Highlights:

• There's a bill to put a new tax on sugary beverages.

Keywords: 904, all

Summary: House and Senate Republican leaders held a media availability on day 59 of the session focused mainly on the House-passed income tax on high earners, the pending operating and transportation budgets, and several late-session tax and policy bills. Republicans argued the income tax was unconstitutional under existing state precedent, would lead to capital flight and broader tax expansion, and was being rushed through without adequate public input. They also criticized the budget process as overspending revenues, relying on gimmicks, and setting up future deficits and tax increases. The leaders said the House was preparing to consider a transportation bond bill requiring a three-fifths vote, along with bills on data centers, pharmaceutical wholesale taxes, K-12 funding, highway construction, direct electric vehicle sales, abortion-related funding, and an electric transmission measure. They said Democrats could pass the bond bill without Republican votes if all 59 House Democrats supported it, but Republicans opposed bonding for maintenance and preservation. They also said the budget could be balanced even if some of the tax bills failed. Much of the discussion centered on the 24-hour House debate over the income tax, which Republicans said they extended to force daylight debate and highlight objections. They said the bill passed by two votes and that several Democrats privately opposed it. Republicans also criticized the use of Climate Commitment Act funds in the budget, saying the money should be returned to taxpayers or used for transportation or the Working Families Tax Credit rather than special interests. In closing, they said House Republicans had been successful in opposite-house cutoff, killing 54% of Senate bills sent to the House and helping produce one of the lowest numbers of bills passed in years.

Transcript Highlights:

• There's a bill to put a new tax on sugary beverages.

Summary: House and Senate Republican leaders held a media availability on day 59 of the session focused mainly on the House-passed income tax proposal, the pending operating and transportation budgets, and several late-session tax and policy bills. Republicans said the income tax was a major, rushed change to the tax code, argued it was unconstitutional under existing state precedent, and criticized Democrats for blocking referendum options and for what they described as a tax-first approach to affordability and budgeting. They also said the budget conference process was likely to produce another deficit and warned of future tax increases if spending is not restrained. On transportation, Republicans discussed a bond bill needed to support the transportation budget and noted it requires a three-fifths vote in the House, which Democrats could reach on their own. They said they generally support maintenance and preservation but are skeptical of bonding for those purposes. They also identified other bills likely to move at the end of session, including a data center tax, a wholesale pharmaceutical tax, a K-12 funding bill, a highway construction bill, a direct electric vehicle sales bill, and an electric transmission bill. Republicans repeatedly framed the income tax as a “millionaires tax” that could later expand to more taxpayers, and said the 24-hour floor debate was intended to slow the process and force daylight scrutiny. They also criticized the use of Climate Commitment Act funds in the budget, saying the money should be returned to taxpayers or used for transportation or other public needs rather than special interests. In closing, Stokesbary said House Republicans had defeated a majority of Senate bills sent to the House and had helped stop several major Democratic priorities, including an agriculture unionization bill and other tax and regulatory measures.

Transcript Highlights:

• homemade food type industry, small-scale direct-to-consumer, specifically agriculture and non-alcoholic beverages

Committee: Senate Agricultural Affairs

Summary: The Senate Agricultural Committee opened by welcoming a new page, Isabella Frasheiser of Weiser High School, who described her FFA, school leadership, and agricultural background. The committee then approved the February 10, 2026 minutes without objection. The main item was Senate Bill 1283, presented by Senator Todd Lakey. The bill would create a framework for small-scale direct-to-consumer agricultural and homemade food sales, including cottage foods, farm stands, cooperative markets, and certain meat sales, with labeling, recordkeeping, and educational-material requirements. Supporters from Farm Bureau, Fair Idaho, and producers argued it would reduce burdens, expand local food access, help small farms, and improve market opportunities. Food Northwest and health district representatives raised concerns about food safety, labeling, lack of competency testing, limited remediation options, and possible liability changes. After discussion, the committee voted to send SB 1283 to the floor with a due pass recommendation. The committee then received an Idaho Beef Council update from J.W. Wood and Jody Mink. They described the council’s checkoff-funded promotion, education, research, consumer outreach, BQA training, Spanish-language materials, a national “Prime Rib and Prom” campaign, and the Idaho Beef Counts food assistance program. No formal action was taken on that presentation, and the committee adjourned after concluding its agenda.

Transcript Highlights:

• Matthews Police, University of Louisville Police, Louisville Alcoholic Beverage Control, Kentucky State

Keywords: Convene 00:00 Motions, Petitions, and Communications 00:55 Introduction of New Bills and Resolutions 11:09 Motion to Act on HR 21 15:13 Recess for ConC and Rules Meeting 23:52 ConC and Rules Report 29:29 Adjournment 31:04, 958, all

Transcript Highlights:

• </c> have people bring their own containers. have people bring their own containers.
• ,</c> these containers, these containers, that<04:32:56.319><c> doesn't</c><04:32:56.640><c> prohibit
• these mediums, including aluminum cans, beverage cartons, and glass bottles.
• We in Durham are their own containers.
• You see those refill their containers.

Committee: House Resources, Recreation and Development

Keywords: 1189, house, all

Transcript Highlights:

• reports that the estimated FY 2026 balance is $2 million, and the fund gets an ongoing $1 million deposit
• So the FY 2027 baseline includes another million-dollar deposit.

Committee: House House Appropriations Committee of Reference

Summary: The House Appropriations Committee met on March 18 and considered two Senate bills. SB 1131 would require school districts and charter schools to report their AED inventory, CPR/AED training levels, and cardiac emergency response plans to ADE, which would compile the data; it also provides funding for AED purchases and maintenance. The committee adopted an amendment shifting the appropriation from the general fund to the industry-recognized certification and licensure reimbursement fund. The American Heart Association testified in support, emphasizing the need for better school cardiac preparedness. Several members raised concerns about using that fund because it supports student certification and licensure exams, but staff said the fund had an estimated $2 million balance and continued annual deposits. The bill was returned with a due pass recommendation by a 15-1 vote, with two members voting present. The committee then heard SB 1249, which would establish a dementia services program and require DHS to develop and maintain an Alzheimer’s disease state plan with stakeholder input. The bill appropriates $600,000 from the Health Services Lottery Moneys Fund. The Arizona government relations director for the Alzheimer’s Association testified in strong support, describing prior state planning efforts and current work on caregiver support, training, data collection, and grant applications, and noting that prior funding is expiring. Members asked whether the bill was meant to fund implementation or simply the plan, and the sponsor indicated it is written as a one-year appropriation but could be adjusted. Some members supported the policy but objected to taking money from a fund that supports maternal and child health programs such as Health Start and WIC, while others supported the measure and urged a sustainable funding source. The committee approved SB 1249 with a due pass recommendation by a 9-3 vote, with several members voting present.

Transcript Highlights:

• in their video content must maintain required records until the minor reaches 21 years of age and deposit
• sponsorship content or ad-share revenue, which would be the case where you appear on YouTube—would be deposited

Summary: The committee heard House Bill 2010, which would prohibit sellers of digital goods from using terms like “buy” or “purchase” in a way that implies unrestricted ownership when the transaction is actually a license. The bill also requires clear disclosures, post-sale notice if license terms change, prorated refunds or alternative access in certain cases, and treats violations as unlawful practices under the Arizona Consumer Fraud Act. The sponsor said the measure was prompted by the common misunderstanding that digital media is owned outright, when it can be altered or removed by licensors. The committee voted 7-0 to give HB 2010 a do pass recommendation. Members also considered House Bill 2192, dealing with compensation and protections for minors featured in monetized online content. The bill requires earnings attributable to minors to be placed in trust, allows minors age 13 and older to create and publish their own content and keep compensation for it, and gives individuals who were featured as minors a process to request deletion or editing of content once they turn 18. An amendment clarified that platforms may rely on existing trust-and-safety systems, are not liable for third-party content if they meet mitigation requirements, and are not required to proactively monitor user-generated content. Google testified in support, describing the bill as a modern version of child-actor protections. HB 2192 was adopted as amended and passed 7-0. The committee then approved House Bill 2310, a technical clarification to Arizona’s qualified marketplace contractor law for gig-economy platforms. The bill specifies that contracts may be terminated without cause on reasonable notice and clarifies that the contractor may terminate the agreement unilaterally, with Lyft testifying that the change removes ambiguity and reduces litigation. Members briefly questioned the wording and whether it favored large platforms, but the bill passed 7-0. Finally, House Bill 2501, brought by the Department of Insurance and Financial Institutions, was heard and passed 7-0; it updates the definition of appraisal management company to conform Arizona law to federal statute.

Transcript Highlights:

• in their video content must maintain required records until the minor reaches 21 years of age and deposit
• sponsorship content or ad share revenue, which would be the case where you appear on YouTube, would be deposited

Bills: HB2010 , HB2192 , HB2310 , HB2501

Committee: Senate Regulatory Affairs and Government Efficiency

Keywords: digital goods, advertising, ownership, license, consumer protection, refund policies, streaming services, minors, content creators, online platforms, compensation, trust accounts, child protection, video content, privacy, employment, independent contractor, marketplace, digital services, contractual agreements

Transcript Highlights:

• Service is deemed complete when it is deposited in the mail by certified mail posted from within the
• an unlawful detainer notice is sent through the mail, service is deemed complete when the copy is deposited

Bills: HB2664

Committee: House Housing

Keywords: HB 2664, unlawful detainer, eviction notice, landlord-tenant, tenant rights, service of process, certified mail, notice by mail, notice posting, possession action, vacate notice, Washington RCW 59.12, housing law, rental housing, forcible entry and detainer, proof of service, property possession, occupants, lodging house, hotel guest

Transcript Highlights:

• Service is deemed complete when it is deposited in the mail by certified mail posted from within the
• an unlawful detainer notice is sent through the mail, service is deemed complete when the copy is deposited

Summary: The Housing Committee heard public testimony on House Bill 2664, which would remove the certified-mail requirement for serving unlawful detainer and related notices under landlord-tenant law. Committee staff explained that the bill would instead deem service complete when notices are mailed from within the state with proper postage, and would keep other service methods such as personal delivery or posting plus mailing when the recipient is not on the premises. Representative April Connors, the bill sponsor, said the measure is intended to clean up notice provisions affected by prior legislation and reduce the burden on renters who currently must retrieve certified mail from the post office; she also noted a question from Representative Zahn about whether lease renewals are included and said she would follow up on that issue. Testimony was overwhelmingly in support. Housing providers, property managers, landlord associations, and business groups said certified mail has created high costs, administrative burden, and many undelivered notices, with several witnesses reporting large percentages of notices returned unclaimed. Supporters argued the bill would improve the likelihood that tenants actually receive notices, reduce confusion, and lower costs for housing providers. One witness also said the current process can be inconvenient or inaccessible for tenants, while another raised privacy and safety concerns about posting notices on doors. No one testified in opposition. Committee members asked very few questions, and the chair reminded testifiers that props are not allowed. The hearing concluded without a vote or other action on the bill, and the committee adjourned after a brief congratulatory comment to Vice Chair Hill on chairing her first Housing Committee meeting.

Transcript Highlights:

• </c><03:35:34.479><c> the</c> shelf stable must contain the shelf stable must contain the appropriate
• </c><03:54:58.760><c> the</c> freeze-dried foods contain the freeze-dried foods contain the appropriate
• It's a freeze-dried package that contains information about the producer and the distributor.
• It's a freeze-dried package that contains information about the producer and the distributor.
• It's a freeze-dried package that contains information about the producer and the distributor.

Keywords: 928, house, all

Summary: The Environment and Agriculture Committee opened by noting member absences and then reviewed the governor’s HB 2 trailer bill language creating a solid waste site evaluation committee. The chair explained that Finance would want the committee’s input on the proposal and also announced a temporary change to the committee’s schedule, with additional Wednesday meetings planned around school vacation. The committee then moved into a work session on several bills. On HB 150, Representative Ktoa offered a simple amendment changing food-processing language from “washed and rinsed” to “cleaned and sanitized” in the processing area. Members agreed the change better matched food safety practice, and the committee indicated support for advancing the bill. On HB 307, dealing with homestead food production areas, members discussed proposed amendment language that would add clearer sanitary requirements, including handwashing access, sanitary storage, sanitizable food-contact surfaces, and pest exclusion. The committee also discussed whether to replace “potentially hazardous food” with “time temperature control safe food,” but several members favored keeping the existing term because it is already well defined in food safety law. The bill was held for further amendment work rather than being executed immediately. The committee spent substantial time on solid waste legislation. For HB 479, members recalled a prior plan for a letter to the solid waste working group and agreed to proceed with the bill in executive session, with an offer of drafting help from Representative Bixby. For HB 77, which would require DES to establish site-specific setback distances for proposed new landfills, Representative Penza said his amendment was not ready yet but was close, and the bill was left for further discussion. The most detailed discussion was on HB 2115, which would require landfill permit applicants to submit a report on the project’s harms and benefits. Representative Germana explained an amendment that would replace section one, expand the list of benefits to include economic potential and infrastructure improvements, and set up a third-party review process in which the applicant submits a list of reviewers, DES screens the list, and the commissioner selects a reviewer if no agreement is reached within 60 days. Members asked about who could serve as contractors, whether they had to be local, and how DES would judge qualifications; the response was that environmental engineering and similar firms could be used, local or outside the community, and that the process would remain somewhat flexible. Representative H. Haskins asked whether the legislature or subcommittee would be formally notified of preliminary review problems, and the chair said no additional notification process would be built in beyond existing practice. The committee planned to continue work on the bills in upcoming executive sessions, including after school break.

Transcript Highlights:

• So that's why he was lowering the rake, essentially, on those, which is contained in the newest version
• the additional amount of revenue produced by any additional tax in excess of $1 for each package containing
• c><00:51:35.760><c> 20</c><00:51:36.000><c> cigarettes</c><00:51:36.400><c> or</c> each package containing
• 20 cigarettes or each package containing 20 cigarettes or little<00:51:36.800><c> cigars.
• It's only changing the number the deposits that are made and putting them in the different buckets.

Keywords: 928, house, all

Summary: The committee met with Lottery Director Charlie McIntyre and Charitable Gaming Chief Compliance Officer Kulie Aoyo to review proposed changes in HB 2 and related amendments affecting video lottery terminals, historic horse racing, charitable gaming, and scratch tickets. McIntyre said the late-arriving amendment made revenue estimates difficult, especially because the bill would allow operators to decide when to convert from HHR to VLTs and would change the floor-space rules. He explained that the existing 70/30 floor-space split between machines and table games was negotiated to protect charity revenue, and warned that moving to a 90/10 split could reduce charity revenue, potentially by as much as $17 million, while also changing the character of the facilities. Committee members discussed whether to keep the 70/30 split, and McIntyre said he could provide updated estimates later that day, including net impacts after any offsetting gains or losses under current law. Members also asked about the governor’s proposed operator share versus the Sweeney amendment’s higher operator share. McIntyre said the governor’s 45% figure was based on his own estimate and on comparable rates in other states, and he supported it as a way to maximize revenue for the state and charities. He also described a change to high-stakes tournaments: after speaking with Rep. Sweeney, he said the amendment was clarified to apply only to those tournaments and would lower the house take from 10% to 5% to encourage participation in rare, high-buy-in events. The committee also discussed a separate proposal to raise the maximum scratch ticket price from $30 to $50; McIntyre said the change would take time to implement, would likely increase net state revenue by about $1 million in year two, and was consistent with pricing in neighboring states such as Massachusetts and Connecticut. Additional questions covered sports betting and a separate Kino-related estimate. McIntyre said March Madness is the busiest period for sports betting and that the state’s sports betting revenue has exceeded initial expectations. He also said he had estimated that removing a municipal-vote restriction for Kino could cost about $12 million total, with $2 million in the first year and $10 million thereafter. No formal votes were taken during the discussion; the chair indicated the committee would revisit the VLT amendment and other sections later, and McIntyre agreed to send updated revenue estimates to committee members.

Transcript Highlights:

• And the move to require a deposit in order to make an application. It becomes very expensive.
• The other thing had to do with my actual question has to do with the deposit.
• Can they still request an additional deposit if there's going to be a pet?
• renter is, can the landlord tell the renter, you can have your pet, but you have to pay an additional deposit
• Nothing changes in the policies around deposits or monthly pet rents or any of those things with this

Committee: Senate Judiciary

Summary: The Senate Judiciary Committee heard several bills focused on health care planning, mental health court participation, homeowners association governance, groundwater enforcement, pet-policy disclosure in rentals, and post-disaster property speculation. SB 1088 would update California’s POLST and DNR laws by renaming POLST to Portable Orders for Life-Sustaining Treatment, allowing electronic signatures, clarifying who may sign on a patient’s behalf, and making clear that these forms are voluntary; it drew support from the Coalition for Compassionate Care and no opposition. SB 1242 would let original family petitioners participate in CARE Court for care coordination and information-sharing, while preserving judicial discretion to exclude them if harmful; supporters said it would improve treatment coordination, while Disability Rights California opposed it as coercive and a removal of patient consent. The committee advanced SB 1242 on a 7-0 vote, with the bill placed on call. The committee also considered SB 1007, which would require more HOA budget transparency, disclosure of evidence for violations, and a lower cap on regular assessment increases without a homeowner vote. Supporters argued it would improve accountability and protect homeowners from steep fee hikes, while HOA industry groups warned it could undermine funding for insurance, maintenance, and other operating costs. Members raised concerns about the cap and the need for flexibility for large expenses; the bill passed 6-1 and was placed on call. SB 1364, as amended, would prevent a person convicted of sexual assault from obtaining custody or visitation of a child conceived from that assault, while preserving the possibility of voluntary co-parenting and aiming to qualify California for federal grant funding; it passed 8-0 and was placed on call. Later, SB 997 would give the North Fork Kings Groundwater Sustainability Agency lien authority to enforce fees and its groundwater sustainability plan, addressing an enforcement gap for a GSA created by special legislation rather than a joint powers agreement. It drew support from agricultural and county groups and passed 9-0, placed on call. SB 1296 would require landlords to disclose pet policies up front on applications, websites, and ads, and allow refund of an application fee if disclosure was not provided before payment; supporters said it would reduce wasted application costs and pet relinquishment, while rental housing groups said the ad disclosure requirements were impractical. The bill passed 8-0 and was placed on call. The final bill, SB 1090, was introduced to prohibit large property owners from making unsolicited purchase offers for five years in wildfire-disaster areas, responding to investor activity after the Eaton and Palisades fires; the author and a SAGE witness described it as a protection against disaster capitalism and predatory low offers to displaced residents.

Transcript Highlights:

• This will require us partnering with the treasurer's office as deposits are coming in to ensure that
• So we just bid the March 20th deposit was $47 million, and so...
• We just said the March 20th deposit was $47 million.
• quick calculation: if oil's at 100, WTI is at 100, we could expect somewhere around $90 million as a deposit
• Why don't we entertain a motion deposit if the bank has some meaningful investments that they see happening

Summary: The committee met to approve prior minutes and receive updates on the Legacy Fund transparency website and fund performance. Staff reported the website procurement was in contract negotiations, with a planned go-live around November 1, and that the site would provide downloadable, more transparent information on fund holdings, allocations, history, and legislative appropriations while protecting confidential data. The investment office then reviewed performance through January 2026, describing strong returns relative to benchmarks, noting real estate and fixed income as weaker areas, and explaining that the fund’s diversification and internal management had helped offset market volatility, including recent geopolitical impacts. Members also discussed the in-state investment program, especially the Bank of North Dakota’s CD-match allocation. Several members questioned whether the program had been static for years and whether the uncommitted balance should remain parked there if it was not being used. The committee voted to pause further transfers into the program until the Bank provides a report and the committee can consider possible statutory changes; the motion also requested a cost-benefit analysis from RVK, and it passed by roll call vote. In the afternoon, RVK presented its review of the investment policy statement as it relates to the in-state investment program. The consultant said it found no major policy impediments, and that implementers and stakeholders generally felt the program was proceeding as intended. RVK emphasized best practices such as third-party due diligence, competitive risk-adjusted returns, diversification, pacing, and exit strategies, while cautioning that required lower-return investments or spending commitments can create pressure on the fund’s long-term real value. The consultant also raised ancillary concerns about state-level concentration risk, the need to distinguish between public and commercial infrastructure, and the lack of a central repository for all state funding commitments to the same projects.