Transcript Highlights:

• Service quality.
• We continue to find new ways and new technologies and exploit technologies for their capabilities, uh
• For broadband services.
• there a Technological.
• services that people are getting.

Transcript Highlights:

• They're reaching the end of their serviceable lives and need to be replaced.
• And the answer is, largely it's coming from the households in our service area.
• Largely it's coming from the households in our service area.
• technologies to proceed.
• I don't know if that's enough, not knowing what technology they use.

Summary: The Assembly Select Committee on Biotechnology and Medical Technology held an informational hearing on the role of biotechnology industries in wastewater treatment, hosted at Bakar Labs on the UC Berkeley campus. Opening remarks emphasized California’s water scarcity, the rising cost of wastewater infrastructure, and the need to reuse and clean contaminated water. Committee members framed the hearing as a look at both current treatment challenges and emerging technologies that could improve water quality, affordability, and resilience over time. The first panel focused on statewide wastewater challenges. BACWA Executive Director Laurie Fono described wastewater plants as part of a broader circular economy, noting their roles in recycled water, environmental enhancement, biosolids management, carbon sequestration, and renewable energy generation. She highlighted major challenges including aging 1970s-era infrastructure, nutrient reduction mandates, sea level rise, evolving regulations, and PFAS source control. She said Bay Area agencies face about $11 billion in nutrient reduction costs, with rate increases, state revolving funds, WIFIA loans, and bonds as the main financing tools. Members asked about regional differences, energy revenue opportunities, smaller decentralized plants, and agricultural collaboration. The second panel featured researchers and lab experts discussing biotechnology solutions. Lawrence Berkeley National Lab’s Dr. Romine Chakarvati described using microbial communities and machine learning to help break down PFAS and treat produced water. CEL Analytical’s Dr. Yigi Dearborn explained pathogen testing for direct potable reuse, wastewater monitoring, and the need for larger sample volumes and more funding to validate methods for viruses and protozoa. Stanford’s Dr. Chunhung-Shin presented an anaerobic membrane system that turns domestic wastewater into clean water and energy with less biosolids and lower operating costs. Committee members asked about AI, assay development, scaling technologies, and funding priorities. Public comment from the California Association of Sanitation Agencies stressed the need to balance scalability, reliability, and affordability, and the hearing adjourned without any formal vote or action.

Transcript Highlights:

• We cannot attempt to provide services<00:09:23.920><c> using</c><00:09:24.160><c> technology</c><00:09
• :24.800><c> that's</c><00:09:25.080><c> 5</c><00:09:25.400><c> years</c> services using technology that's
• 5 years services using technology that's 5 years away<00:09:25.960><c> from</c><00:09:26.120><c> being
• </c> investments in our human services investments in our human services technology<00:09:35.600><c>
• </c> place to deliver services to people. place to deliver services to people.

Keywords: 918, senate, all

Summary: Senate DFL leaders held a press conference outlining a fraud-prevention agenda centered on transparency, accountability, and modernization of state systems. Majority Leader Erin Murphy said Minnesotans are angry about fraud and that the caucus has already passed multiple fraud-prevention measures, but more work is needed. She and other senators emphasized that outdated county and state IT systems leave programs vulnerable to waste and abuse, and said they want to pursue both immediate upgrades and longer-term funding solutions, including possible bonding for technology infrastructure. Senator Zena Mohamed described legislation to overhaul program integrity in Medicaid and human services by adding safeguards before, during, and after provider enrollment and service delivery. She said the goal is to prevent theft before dollars are spent, rein in third-party entities that profit without accountability, and improve consumer protections and reporting pathways. Senator Amanda Hemmingsen-Jaeger highlighted a bill to ban cryptocurrency kiosks, arguing they are heavily used in scams targeting seniors and vulnerable people, and also backed a state consumer financial protection bureau and stronger False Claims Act enforcement. Senator Rob Kupec focused on ethics and conflicts of interest, including a proposal to bar legislative members and certain state employees from quickly moving into jobs tied to entities receiving state appropriations or grants. He also said lawmakers should strengthen penalties for theft of public funds and restrict state contracts for people convicted of fraud. Senator Heather Gustafson promoted her Office of Inspector General bill, saying oversight is fragmented and an independent office is needed for investigations, safeguards, and early detection; she said the Senate passed the bill 60-7 last year and she wants it enacted. In response to questions, Murphy and Gustafson said the OIG should have law-enforcement powers, that bipartisan support exists in principle, and that the House needs to settle on a single proposal. The senators also said prepayment review can be useful but can disrupt services, and they argued agencies must use the tools already given to them while lawmakers continue oversight.

Transcript Highlights:

• But new technologies are expensive.
• That doesn't include the annual service contract.
• Each department will decide which technology is best for them, but they're all technologies that are
• And the technology is evolving every year.
• You know, the idea is to give the officers the technology and then train on that new technology so that

Summary: The committee first heard House Bill 1157, which would create a Louisiana State Infrastructure Bank to provide another funding mechanism for transportation-related projects, including roads, bridges, rail, ports, airports, and other surface transportation needs. Chairman Borek and DOTD Secretary Glenn LaD said the goal is to leverage state, federal, local, and private dollars, using models from Florida and other states. Members asked about board makeup, staffing, project selection, administrative costs, and how the bank would differ from capital outlay and existing transportation programs. Testimony in support came from business and economic development representatives, including Michael Hecht of Greater New Orleans, Inc., who said infrastructure is critical to major economic projects and that the bank could attract outside capital. The bill was reported favorably without objection. The committee then took up several local and procurement-related bills. House Bill 860, allowing fillable electronic public bid forms, was reported favorably. House Bill 972, naming a portion of Highway 93 in Lafayette Parish the Desert Shield Desert Storm Memorial Highway, and House Bill 965, naming a portion of Highway 163 the Sergeant William Billy Earl Collins Jr. Memorial Highway, were both reported favorably after brief testimony honoring veterans and law enforcement. House Bill 692, authorizing local governments to enter group purchasing agreements, was amended and reported favorably. House Bill 685, allowing use of FAST Act cooperative procurement for public motor vehicles and rolling stock, drew support from transit officials and was reported favorably after a roll call vote, with one member voting no. The committee also advanced House Bill 982, which designates portions of highways in Morehouse Parish in memory of local residents killed in a crash after attending an LSU game; it was reported with amendments. House Bill 506, creating special prestige license plates for local high schools as a fundraiser, was amended and reported favorably. House Bill 839, lowering the contract limit for hospital service districts to use construction management at risk from $2 million to $1 million, was reported by substitute after testimony from hospital leadership and industry representatives. House Bill 1072, revising powers and emergency procurement authority for the Office of Louisiana Highway Construction, was amended and reported favorably after discussion about its relationship to DOTD and emergency repairs. Finally, the committee heard House Bill 887, which revises construction management at risk procedures, including committee makeup, scoring, and financial qualification requirements; it was amended and reported favorably. House Bill 647, creating timelines and an annual application process for waterway projects under a waterway assistance program and fund, was reported by substitute. The last major item discussed was House Bill 873, which would fund pursuit intervention technology and training for law enforcement through a $2 fee on driver’s licenses. The bill was presented alongside emotional testimony from the widow and daughter of Sergeant Grant Candies and from a St. John the Baptist Parish sheriff’s captain, all urging safer equipment and better training for officers. Members expressed strong support, and the discussion continued into funding and grant administration details.

Transcript Highlights:

• technology and the improvements.
• Advanced screening technologies using millimeter-wave technology similar to what you see in the airport
• Advanced screening technologies using millimeter wave technology similar to what you see in the airport
• So we utilize those services. That means we pay the service. The service pays the officers.
• Some of the online services... Some of the online services have been fairly responsive.

Keywords: 1185, senate, all

Transcript Highlights:

• This highway designation serves as a lasting tribute to his family, sacrifice, and service, ensuring
• Eric Fonon, Department of State Health Services.
• Eric Fonon, Department of State Health Services.
• company adopting any of the latest technologies, especially as quickly as technology moves.
• company adopting any of the latest technologies.

Summary: The Senate Committee on Transportation heard several bills, mostly local memorial highway designations and transportation-related regulatory measures. Senator Hinojosa presented SB 1351 to designate part of US 281 in Hidalgo County as the Jose Rodriguez Lua Memorial Highway in honor of a Border Patrol processing coordinator killed by a drunk driver; a family member testified emotionally in support, and the bill was left pending. The committee also heard and left pending SB 2245 on bonded titles for vehicles when a lienholder has gone out of business, SB 1568 on animal-friendly specialty license plates with a second “spay, neuter, adopt” plate, SB 2589 on handling closed county roads in Webb County, SB 1104 on allowing large retailers to use one fingerprinted employee of record across multiple Texas locations, SB 1423 naming the Bill Stout Parkway in Longview, and SB 1931 naming part of US 83 the Rodolfo Valdez Memorial Highway. Most of these bills drew supportive testimony or were presented as local measures with no opposition. The committee also took up broader policy bills. SB 215 would create a digital identification program for Texas driver’s licenses and certain other licenses, but the sponsor said he was mainly laying the bill out for discussion and study; testimony was limited and the bill was left pending. SB 2707 would clarify that government entities such as TxDOT and the military remain exempt from fees on oversized/overweight permit authority, though a county commissioner raised questions about road-use impacts and fee revenue. SB 2807 drew the most discussion: it would prevent a motor carrier’s use of safety technology, training, and related practices from being used as evidence that an independent contractor is actually an employee. Supporters said the bill would encourage adoption of safety tools like cameras and braking systems without increasing misclassification risk, while opponents from the trial lawyers’ side warned the wording could conflict with existing labor-code definitions and create litigation. The sponsor and committee members discussed possible clarifying floor amendments. After public testimony, the committee voted on the pending bills. All measures were reported favorably on 6-0 votes, with committee substitutes adopted where applicable. SB 1351, SB 1423, SB 1568, SB 1931, SB 2245, SB 2589, SB 2707, SB 2807, and SB 2841 were all sent to the full Senate, and several were recommended for the local and uncontested calendar. The committee recessed subject to the call of the chair after completing the votes.

Transcript Highlights:

• ...” “...for computer science teachers, to encourage pre-service teachers or people in pre-service programs
• Technology is not a luxury in education.
• Technology is not a luxury in education.
• That's what a particular kind of service allows for.
• That's what a particular kind of service allows for.

Summary: The Assembly Education Committee heard several education bills, with AB 887 by Assemblymember Berman proposing that every school district and charter school adopt a plan so all high schools offer at least one computer science course by 2029-30. Supporters, including a teacher and student, argued California is falling behind other states and that computer science is essential for student opportunity and workforce readiness. ACSA opposed the bill, citing the shortage of qualified computer science teachers and administrative burden. The bill passed the committee on a 6-0 vote and was sent to Appropriations. The committee also heard AB 1390 by Assemblymember Solache, which would allow local and county school boards to raise trustee compensation above long-standing statutory minimums that have not changed in decades. Supporters said the current stipends are too low to make board service accessible to working families and younger community members. There was no opposition testimony, and the bill passed with five votes, with the roll left open for additional members. AB 865 by Assemblymember Gonzalez would create a $5 million, three-year grant program for dual-language immersion instructional materials, split between high-demand languages and other languages. Supporters said districts often lack standards-aligned materials in languages beyond Spanish, forcing teachers to create their own. The bill passed 7-0 to Appropriations. AB 857 by Assemblymember Gibson, requiring annual cultural competency training for K-12 staff, also passed 5-1 after supporters linked it to the state reparations task force report and argued it would improve trust and student outcomes. The committee additionally approved AB 677 by Assemblymember Bryan, which would make it easier for unhoused students to access school-based vision and dental screenings by allowing directory information to be used for that purpose with an opt-out process; it passed 8-0. AB 903 by Assemblymember Avila Farias, directing the Department of Education to develop best practices on education technology and digital equity, passed after amendments and with some opponents indicating they would remove opposition once the amendments were in print. Finally, AB 917 by Assemblymember Avila Farias, extending permanent-status protections to certain educators in small districts and county programs, drew significant opposition from small districts and regional occupational programs over flexibility and funding concerns; the bill still passed 5-2 with the roll held open for additional votes.

Transcript Highlights:

• House Bill 1246, an act requiring the Department of Veterans Services to conduct a study on veteran services
• House Bill 1246, an act requiring the Department of Veterans Services to conduct a study on veteran services
• That's not a religious service. That's a political protest. That's not a religious service.
• Senate Bill 1855, human services, 2026-2027, appropriation, transportation technology.
• Senate Bill 1860, property, appropriation, transportation technology.

Summary: The Senate met in floor session, began with prayer and the Pledge, approved the journal, received communications, and handled a return of Senate Bill 1456 from the House for reconsideration. Members then moved through several Committee of the Whole calendars, considering and amending bills on court fees, information technology, environmental quality, agricultural property inspections, property tax notices, veterans services, zoning and electric generation siting, fuel and gas resilience, and disturbing religious services. Several amendments were adopted, including changes to HB 2265 on criminal court fees, HB 2311 on conversational AI disclosures and privacy limits, HB 2986 on environmental quality/fuel resilience, HB 2104 and HB 2105 on agricultural property inspection rules, HB 2406 on veterans services, HB 2494 on electric generation siting and environmental compatibility, HB 2696 on fuel and gas prices, and HB 4117 on interference with religious services. Most of these bills were reported out of committee with do pass recommendations, though members raised concerns on HB 2311 and HB 4117 about privacy, free speech, and prosecutorial discretion. The chamber then took up a long series of third readings and final votes. Bills passed included HB 2015 on single-audit compliance, HB 2041 on child neglect and poverty factors, HB 2048 on AHCCCS prescription drug coverage, HB 2417 on excessive speed, HB 2611 on child welfare, HB 2793 on annexation, HB 2950 on special districts, HB 2995 on family law, HB 4018 on county officers, HB 2404 on mental health services, HB 2279 on limitations of actions, HB 2502 on the state retirement system, HB 2733 and HB 2953 on pharmacy regulation, HB 2979 on credit unions, HB 4042 on parent-child relationship determinations, HB 4010 on health professional regulatory boards, HB 4043 on public schools, HB 4049 on the Attorney General, HB 2265 on court fees, HB 2311 on information technology, and HB 2986 on environmental quality. HB 2601 on state highways and routes failed. Several members explained votes on bills involving fiscal impacts, child welfare, road safety, annexation, and criminal justice concerns. The Senate also adopted a group concurrence motion on several conference committee reports, including HB 2003, HB 2010, HB 2133, and HB 2874, and then voted on those measures. HB 2003 on driver’s license instruction permits, HB 2010 on advertising, HB 2133 on disclosure of sexual material and synthetic depictions, and HB 2874 on campaign committees and termination statements were all advanced after conference committee action, with debate on HB 2133 focusing on First Amendment and content-moderation concerns. The session ended with introduction of a large package of transportation-related appropriations bills and a motion to suspend certain committee notice rules for Appropriations to hear legislation and strike-everything amendments on short notice.

Transcript Highlights:

• So this technology will help people lower their costs.
• And I don't believe that this bill or this technology does that.
• , new ...require certain things on individuals or technology, new advancing technology, which makes it
• We live in an era of unprecedented demand for digital services.
• However, the technology is badly outdated.

Keywords: 987, senate, all

Transcript Highlights:

• We save lives every day with technology.
• We save lives every day with technology.
• For patients, AI technologies are improving health care outcomes.
• It is definitely a needed service. Just a couple of comments.
• I can tell you there are a lot of services for veterans.

Keywords: 987, senate, all

Transcript Highlights:

• Thank you for your service, sir.
• House Bill 2960, relating to veteran services.
• services.
• , and there is no sales tax on services in Arizona.
• H.B. 4162, Human Services, 222, 27. Mr. Majority Leader. Mr.

Summary: The meeting began with prayer, the Pledge of Allegiance, attendance, and a guest introduction for Deputy Frank Sloop. The Senate then moved through multiple Committee of the Whole calendars, with most measures receiving do-pass recommendations after brief explanations and, in several cases, floor amendments. Topics included public records, capital outlay review, local government, taxation, state budget implementation, higher education appropriations, utility regulation, towing regulation, homeowners association disclosures, nursing board regulation, veteran services, criminal justice, human services, K-12 education, state property management, and the continuation of the Arizona State Board of Nursing. Several bills were amended on the floor before receiving favorable recommendations. House Bill 2114 on motorcycle-related provisions was amended to require that at least one registered owner be legally licensed to operate a motorcycle in Arizona. House Bill 2397 on HOA/condominium disclosures was amended to change disclosure timing and fee rules and make other conforming changes. House Bill 2408 on nursing board regulatory action was amended to remove a clear-and-convincing-evidence burden in disciplinary matters and clarify complaint-sharing procedures. House Bill 2957 on driver’s license/handheld provisions, House Bill 2305 on towing regulation, and House Bill 2321 on DCS-related reporting also received amendments before do-pass recommendations. The largest item was Senate Bill 1847, the 2026-2027 General Appropriations Act. Senators offered extensive floor amendments affecting agriculture, corrections, criminal justice, school safety, law enforcement equipment, vehicle theft task force funding, liquor licensing, and other budget items. During third reading and debate on the budget, Democratic senators praised negotiated gains such as funding for aging services, food assistance, civil legal aid, school meals, heat relief, and a three-year moratorium on new data center tax incentives, while criticizing border-related funding, ESA/voucher policy, and cuts to higher education and adult education. One member’s remarks were ruled dilatory after repeated off-topic comments, and the ruling of the chair was sustained by a 16-12 vote. The transcript ends with additional budget-related explanation of votes continuing after the budget’s third reading.

Transcript Highlights:

• The Senate Committee on Privacy, Digital Technologies, and Consumer Protection will come to order.
• This is well-known technology. It is in all storage industries today.
• In sum, AB 412 gets ahead of both the law and the technology.
• Yeah, I mean, in general, this is well-known technology.
• So we will never, in this environment with these technologies, keep up.

Keywords: 987, senate, all

Transcript Highlights:

• And so the vast majority of data centers being built are servicing all the services that we rely on every
• So it's used in conjunction with other technologies.
• new and advanced technologies like AI.
• they'll get service, to what degree they'll get service they can't plan.
• That is held by the transmission service providers.

Summary: The Committee on State Affairs convened to discuss data centers and their impact on Texas's energy infrastructure. The meeting featured testimony from key representatives of the Public Utility Commission (PUC) and ERCOT, who outlined the evolving landscape of energy generation and the challenges posed by the rapid growth of data centers. Notably, ERCOT reported over 450,000 MW of generation resources planned for connection, with a significant portion attributed to data centers, which now represent around 87% of new large load interconnection requests. The committee explored proposed changes to the interconnection process, including a new 'batch study' approach aimed at streamlining the approval of multiple projects simultaneously. This change is intended to address the challenges of managing numerous simultaneous requests and to provide more certainty for developers regarding their energy needs. Testimonies emphasized the importance of ensuring that the costs of infrastructure upgrades are borne by the data centers rather than residential ratepayers, with discussions around the financial commitments required from developers. Several data center developers also provided testimony, highlighting the economic benefits of their projects, including job creation and increased local revenues. They expressed concerns about the potential for a moratorium on future growth due to the new interconnection rules and emphasized the need for a collaborative approach to address water usage and environmental impacts. The committee plans to continue discussions on these topics in future hearings, with a focus on balancing economic growth with energy reliability and resource management.

Transcript Highlights:

• services, home care nursing services, and adult rehabilitative mental health services.
• . services. services.
• </c> for critical services. for critical services.
• Of course, not everyone has the same level of technological ability, so there is a customer service element
• Of course, not everyone has the same level of technological ability, so there is a customer service element

Bills: HF1338

Keywords: Inspector General, Office of the Inspector General, state oversight, government accountability, fraud, waste, abuse, audit, investigation, subpoena, whistleblower, public integrity, transparency, state agencies, executive branch, public funds, taxpayer funds, law enforcement oversight, public safety programs, advisory council

Transcript Highlights:

• CTA is North America's largest technology association.
• Technology, including AI, has that role right now.
• Because technology, this technology is not perfect.
• As the definitions of AI and ADS are sweeping, this covers both technology that is legacy technology
• as well as new and emerging technologies.

Keywords: 988, house, all

Transcript Highlights:

• </c><00:20:13.760><c> Uh</c> do to oversight oversee technology.
• Uh do to oversight oversee technology.
• some technology upgrades in KIA have some technology upgrades in KIA because<00:20:47.600><c> we're<
• And and the technology we'll do that.
• </c> Them with software programs, technology.

Keywords: Meeting Start 00:00:00 Zayo Group 00:00:50 Committee Report to LRC 00:18:12, 958, all

Summary: The committee heard testimony from Michael McCurley, president of Zo Education and a senior vice president with Zo Group, about the company’s role in providing broadband and managed network services to Kentucky schools. He said Zo Education serves all Kentucky K-12 public school districts in partnership with the Kentucky Department of Education, offering more bandwidth at lower cost than the prior provider and also providing cybersecurity and network protection. He emphasized that reliable connectivity is essential for instruction, testing, remote coursework, and school administration. McCurley also addressed the ongoing contract dispute involving the Kentucky Communications Network Authority and Open Fiber Silicom, saying Zo Education is not a party to the litigation but is concerned about possible disruption to schools and students. In response to committee questions, he said the company incurred unexpected costs when it had to reroute connections and build alternate network paths, including one school move that cost more than $50,000 to serve a site generating under $2,000 per month. He said outages and incidents are more frequent when Kentucky Wired access is unavailable, and that Zo could not have bid at its current price without access to Kentucky Wired. Committee members discussed the broader implications of the dispute and the state’s broadband structure. Senator Williams said the committee’s priority is avoiding disruption to students and noted concerns about infrastructure purchases and upgrades tied to the network, saying he had not seen clear contractual support for some of the expenditures. He also referenced a future audit and said the committee should preserve options and taxpayer funds. The committee then reviewed its report to LRC, including changes related to infrastructure purchases and water asset management technology, and agreed to submit the report without a committee vote. The chair announced the next meeting would be in January, with no December meeting scheduled, and the committee adjourned.

Transcript Highlights:

• An act relative to civil rights and technology, House No. 4637.
• I rise today in strong support of an act relative to civil rights and technology.
• That is the promise of responsible robotics: technology protecting human life.
• Yet we would be naive to believe that these technologies could never be abused.
• before technology shapes us.

Keywords: 995, all

Summary: The House took up several Senate and House bills, mostly under suspension of the rules, and advanced a number of measures to third reading or engrossment. Early in the session, the House dealt with a Senate bill on student learning and mental health by insisting on its position and appointing a committee of conference. It also referred a Senate petition on alleviating poverty to the Committee on Children and Families after the House declined to concur with a Judiciary referral. The chamber then considered and advanced multiple Ways and Means bills, including legislation on police interactions with people with autism spectrum disorder, honoring Blue Star families, land conveyance in Bolton, newborn screening for congenital cytomegalovirus, affordable housing and cultural space in Brighton, increasing access to epinephrine, and civil rights and technology. Several bills drew extended floor debate. Supporters of the epinephrine bill emphasized its life-saving purpose and described the death of Michael Brown as a catalyst for the measure; the House adopted the bill after a roll call vote of 149-0. The newborn CMV screening bill also prompted substantial testimony in favor from public health advocates and parents, who argued that universal screening would enable earlier treatment and reduce long-term harm; an amendment to add other rare diseases was withdrawn, and a later amendment creating a broad opt-out was defeated 1-153 before the bill passed 154-1. The civil rights and technology bill focused on banning weaponized drones and robotic devices, restricting misuse, and preserving law enforcement and civil liberties; it passed 154-1. The Blue Star families bill, creating commemorative plates for families of fallen law enforcement officers, passed 156-0 after emotional remarks from members and supporters. The House also passed without recorded opposition a bill facilitating better interactions between police and people with autism, and it approved a Bolton land conveyance bill and the Brighton affordable housing/cultural space bill. The chamber observed moments of silence for former Congressman Barney Frank and State Trooper Kevin Traynor, welcomed several guest groups, and concluded by adopting an order to meet the next day at 11 a.m. before adjourning.

Transcript Highlights:

• . technologies.
• And so the vast majority of data centers being built are servicing all the services that we rely on every
• McNamara: maintain services, redevelop downtown.
• new and advanced technologies like AI.
• Developers don't know when they'll get service, to what degree they'll get service they can't plan.

Transcript Highlights:

• This decentralization is enabled by blockchain technology.
• There is broad consumer acceptance of this technology.
• So digital asset technology streamlines that entire process.
• And do we have an anticipated cost for the service?
• And then you also have state banking digital services.

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

Transcript Highlights:

• Is it for the service line?
• </c> have the integrative services on site. have the integrative services on site.
• access to assisted technology.
• :10.319><c> technology</c> &gt;&gt; assistive technology &gt;&gt; assistive technology &gt;&gt; NH &gt
• </c> technology act program. technology act program.

Keywords: 1191, senate, all