Video & Transcript Research : 'liability shield'
Page 158 of 300
NM
New Mexico 2025 Regular Session
House - Commerce and Economic Development Mar 3rd, 2025
House Commerce & Economic Development Committee
Transcript Highlights:
- loss of the exemption will impose a significant impact on the labs and is projected to increase our liability
- With recent uncertainty at the federal level, that increased tax liability will definitely have a negative
- As we clean up our tax code, where are we finding loopholes where people are not having a tax liability
- Bodily injury liability coverage that they would have paid for.
MN
Minnesota 2025-2026 Regular Session
Workforce panel hears bill to expand funding for first responder equine therapy program 2/19/25
Minnesota House Floor Meeting
Transcript Highlights:
- They can become a liability, so to speak, if they're carrying a 9mm with PTSD.
- ><00:19:11.760>
a into their career they can become a into their career they can become a liability - 12.919>
speak <00:19:13.200>if <00:19:13.360>they're <00:19:14.080>um liability - so to speak if they're um liability so to speak if they're um carrying<00:19:14.559>
a <00:19:
MN
Minnesota 2025-2026 Regular Session
A New Senator is Sworn In / Legalizing Sports Betting in Minnesota / Black Entrepreneurs Day Feb 7th, 2025
Minnesota Senate Floor Meeting
Transcript Highlights:
- They have criminal liability if they serve you more alcohol when they see you're intoxicated.
- they will get sued they<00:08:06.120>
have <00:08:06.639>criminal <00:08:07.039>liability - <00:08:07.720>
if <00:08:07.879>they they have criminal liability if they they have - criminal liability if they serve<00:08:08.280>
you <00:08:08.440>more <00:08:08.720>
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 7 on Accountability and Oversight Jun 24th, 2026
Transcript Highlights:
- It ensures that while we save for the future, we also continue paying down critical state liabilities
- So, balance sheet is a private term that talks about assets, liabilities, and equity.
- primarily a statement of net position that talks about, you know, our fund balances and deferred liability
Summary:
The Assembly Budget Subcommittee on Accountability and Oversight heard ACA 20, the Safe for California Futures Act, a constitutional amendment to strengthen the state’s Budget Stabilization Account (rainy day fund). The authors, Assembly Members Gabriel and Valencia, said the measure would raise the reserve cap from 10% to 20% of General Fund revenues, change how reserve deposits are treated under the Gann limit so deposits would not count against the spending cap until withdrawn, and update eligible debt repayments to include items such as budget loans, Proposition 98 settle-up obligations, and unemployment insurance debt. They emphasized that the proposal was intended to protect schools and core public services and to help California better withstand revenue volatility and future downturns.
Committee discussion focused heavily on the technical effects of the measure, especially its interaction with Proposition 98 and the Gann limit. LAO and Department of Finance staff explained that Prop. 98 funding would not be changed directly, that the reserve deposits would be treated as exclusions from the appropriations limit, and that withdrawals would count when spent. Members asked about current reserve levels, mandatory deposits, and whether the measure would create more room for discretionary spending; supporters argued it would simply allow the state to save more in good years, while one member expressed concern that it could function as a slush fund and expand spending opportunities. Several members cited recent budget volatility, record revenues, and the need for stronger reserves, while others stressed that the measure should be understood as a future-oriented savings reform rather than a response to this year’s budget choices.
Public testimony was uniformly supportive. California Forward, Elevate California, and the California Chamber of Commerce all backed the proposal, with the Chamber noting support for the policy and highlighting the importance of addressing unemployment insurance debt for small businesses. The chair concluded by thanking the authors, staff, and witnesses, and said ACA 20 was expected to move to the Assembly floor the next day.
CA
California 2025-2026 Regular Session
Assembly Environmental Safety and Toxic Materials Committee Jun 16th, 2026
Environmental Safety and Toxic Materials
Transcript Highlights:
- then having to pay more to try to sort the stuff out, to deal with the fires once they happen, the liabilities
- you know, it’s sort of hard to be a going concern and then say, oh, by the way, and here’s this liability
- But at the same time, you don’t have to, you know, report this liability on the books or whatever it
CA
California 2025-2026 Regular Session
Assembly Environmental Safety and Toxic Materials Committee Jun 16th, 2026
Transcript Highlights:
- then having to pay more to try to sort the stuff out, to deal with the fires once they happen, the liabilities
- know, it's sort of hard to be a going concern... ...and then say, oh, by the way, and here's this liability
- But at the same time, you don't have to, you know, report this liability on the books or whatever it
Summary:
The Assembly Environmental Safety and Toxic Materials Committee heard three main bills after initially lacking a quorum and deferring the consent calendar. SB 501 by Senator Allen would expand California’s battery extended producer responsibility program to include medium-format batteries, such as those used in e-bikes, lawn equipment, and portable power systems. Supporters from local governments, recycling groups, environmental organizations, and battery stewardship interests said the bill would reduce fire risks, improve collection and recycling, and close a gap in existing law. One industry witness sought clarification about off-highway vehicles and a battery association requested guardrails for mixed battery formats; the California Retailers Association moved from opposition to neutral after discussions with the author.
SB 1125 by Senator Menjivar would create a statewide, state-funded low-income drinking water rate assistance program administered by the State Water Resources Control Board, contingent on funding. The author and supporters said many Californians face water debt and that the bill would help address affordability while working around Proposition 218 limits on local ratepayer-funded assistance. Water districts, local governments, environmental justice groups, and conservation organizations testified in support, and there was no opposition.
SB 1259 by Senator Blakespear, as amended, would require refineries to provide advance information on closure, cleanup costs, and timelines to help communities plan for refinery transitions and remediation. Supporters, including the City of Benicia, environmental justice groups, and advocacy organizations, argued that communities need transparency before closures occur and that other energy sectors already provide similar planning information. Opponents from labor, petroleum, and business groups argued the bill was unnecessary, burdensome, and could discourage refinery investment or signal premature decline of the industry. After extensive debate, the committee voted to pass SB 1259 as amended to the Assembly Utilities and Energy Committee, and also approved SB 501 and SB 1125; the consent calendar items SB 1253 and SJR 13 were adopted.
AZ
Arizona 2026 Regular Session
01/26/2026 - Senate Military Affairs and Border Security
Military Affairs and Border Security
Transcript Highlights:
- This frankly opens it up to new legal liability and creates a very rigid and pretty ambiguous requirement
- This frankly opens it up to new legal liability and creates a very rigid and pretty ambiguous requirement
- application of the Attorney General's opinion, and more to the point, it would open up the state to legal liability
FL
Florida 2025 Regular Session
FL House Floor Session - 2025-04-15 (4:30PM Session)
Florida House Floor Meeting
Transcript Highlights:
- THIS IS A NARROW STRICT LIABILITY DEFENSE THAT SIMPLY DOES FOUR THINGS.
- NOTICE ON THE RECORD THAT THE LAND WAS IN FACT A FORMER PHOSPHATE MINING PROPERTY THEY WOULD SURVEY LIABILITY
- PROPOSED A $1.2 MILLION SETTLEMENT TO FULLY RESPOND TO THE CLAIM RELIEVING THE SCHOOL BOARD OF FURTHER LIABILITY
TX
Transcript Highlights:
- So, I'm trying to understand that liability already exists, and...
- I'm just trying to understand because that liability exists already. ...ready to the county and also
- sure because I'm at, you know, as Skip like people would want to leave such a great place for some liability
Bills:
SB1079, SB1243, SB1504, SB1579, SB1708, SB1844, SB1851, SB1879, SB1921, SB1951, SB2237, SB2238, SB2406, SB2407
Keywords:
SB 1079, Texas, county government, commissioners court, Local Government Code, Chapter 263, surplus property, salvage property, data storage device, hard drive, electronic media, digital records, confidential information, protected information, privacy, records retention, information security, data destruction, device disposal, sensitive data
FL
Florida 2025 Regular Session
March 27, 2025 - 12:30 PM
Transcript Highlights:
- property insurance isn't just for a homeowner; it's for... the cities have buildings, the cities have liability
- If somebody owns a condo complex, they're going to be personally exposed to the liability.
- They're going to presume that the liability is not worth the benefit of the tax savings, the homestead
Summary:
The Ways and Means Committee met on March 27, 2025 and first considered HJR 1257 and its implementing bill, HB 1259, which would create two $25,000 property tax exemptions and an assessment cap for long-term rental properties owned by Floridians who also have a homestead in the state. Supporters argued the measure would increase long-term rental supply and help Florida residents, while opponents from counties and cities warned of a large revenue loss, potential tax shifts to businesses, and weak guardrails against abuse. Members raised concerns about wealthy owners holding many condos, possible family-member workarounds, and whether savings would actually reach tenants. The committee adopted an amendment to the implementing bill, then reported both measures favorably after party-line-leaning debate and recorded votes.
The committee then unanimously reported HB 761, which limits deferred ad valorem and non-ad valorem tax relief to properties with a just value of $1 million or less and raises the minimum tax certificate sale amount from $250 to $500. Members also unanimously approved CS/HB 733 on brownfields, which expands and clarifies the state brownfields program, and two Osceola/Sunbridge local bills, CS/HB 4043 and HB 4059, dealing with special district infrastructure and district boundary expansion subject to voter approval. HB 995 on Areas of Critical State Concern, focused largely on the Florida Keys, was amended to remove the ad valorem tax exemption portion and to adjust the growth cap from 500 to 825 units, then was reported favorably.
Later, the committee approved HB 6021, which repeals sales tax on all bullion purchases of gold, silver, and platinum, with supporters calling it a sound-money measure and critics asking about future revenue effects if related legal-tender legislation passes. Finally, the committee passed HB 1339, which excludes wind-damage mitigation improvements from assessed value for property tax purposes, after adopting a clarifying amendment about secondary water barriers. Throughout the meeting, most bills were reported favorably, often after brief debate and with little or no public testimony beyond support or opposition from affected local-government and industry groups.
TX
Transcript Highlights:
- HB 2613 by Harris Davila relating to the liability of the water park entry for injuries arising from
- relating to the normal skin growth, education, and certain occupational license holders and the liability
- issues for the Committee on Delivering Government Efficiency, HB 2680 by Lozano relating to the liability
KY
Kentucky 2025 Regular Session
Senate Standing Committee on State & Local Government (3-10-25)
Transcript Highlights:
- Retirement System actuary to give us some additional information on the percentage of the unfunded liability
- Retirement System actuary to give us some additional information on the percentage of the unfunded liability
- Retirement System actuary to give us some additional information on the percentage of the unfunded liability
Keywords:
Meeting Start: 00:25
Attendance Roll Call: 00:31
HJR 15 (Rep. Baker): 01:15
HB 462 (Sen. Nemes for Rep. Dietz): 09:01
HB 6 (Rep. Williams): 10:18
HB 73 (Rep. Johnson): 15:21
Adjournment: 18:48, 958, all
Summary:
The Senate Standing Committee on State and Local Government first considered HJR 15, a resolution to return a Ten Commandments monument to the new state Capitol grounds. Representative Shane Baker described the monument’s history, its removal to storage in the 1980s, and a prior 2000 effort that was blocked by the courts. He argued recent Supreme Court decisions, including Van Orden and Kennedy, support a history-and-tradition approach and said the resolution would direct the Historic Properties Advisory Commission to retrieve and reinstall the monument in Monument Park.
Senator Herron raised concerns about religious neutrality and whether other faiths would also be represented at the Capitol. Baker and Chair Petrie responded that the resolution was limited to restoring a specific historical monument and did not bar future proposals for other displays. Senator Armstrong voted no, saying the legal landscape remained uncertain and the state could face costly litigation. The committee approved HJR 15 on an 8-1 vote.
The committee then took up House Bill 6, which would limit administrative agencies from issuing regulations with an economic impact of more than $500,000 over two years, with exceptions for imminent public health or safety threats, protection of federal or state funds, and compliance with certain court orders. Representative Wade Williams said the bill would rein in costly agency rulemaking and cited LRC data showing only about a dozen regulations in 2024 would have met the threshold, with roughly six after closer review. Senator Chambers Armstrong expressed concern that the bill could tie the government’s hands in emergencies, but the bill passed 8-1.
Finally, the committee considered House Bill 73, which had a committee substitute. Representatives Johnson and Tipton explained that one part would add We Lead CS to the list of educational service providers allowed to administer their own retirement program participation, and the other would require the Teachers’ Retirement System actuary to provide additional information on each employer’s share of unfunded liability. The committee approved HB 73 unanimously, 10-0, and then adjourned.
LA
Louisiana 2026 Regular Session
House Executive Committee May 31st, 2026
Transcript Highlights:
- concern is, and I've been on this committee, I think, 10 years, and I know at some point the tax liability
- understanding, my recollection, somebody can correct me if I'm wrong, but it would increase the tax liability
Summary:
The committee met briefly, established a quorum, and adopted the June 3, 2024 minutes without objection. The clerk and executive counsel then gave an overview of the committee’s role in setting and administering the House supplemental expense allowance, explaining that members currently receive up to $1,500 per month for reimbursable office and district expenses such as rent, utilities, printing, postage, travel in district, and certain communications costs. They also explained the existing carryover rules: unused funds may roll forward up to $3,000 generally and an additional $6,000 for printed materials, with any excess remaining in the House budget. Members asked for clarification on how the supplemental interacts with district office rent, mailers, per diem, out-of-state travel, cell phones, internet, and conference expenses, and staff explained which items are currently reimbursable and which are paid directly by the House.
Several members raised the idea of expanding allowable uses of the supplemental to help cover lodging costs during session for members who live more than 50 miles from the Capitol, and one member also asked whether the monthly allowance should be increased because of inflation and rising office costs. Staff said lodging would require an amendment to the resolution and that any increase in the allowance would have to be taken up by the next legislative body, not this committee mid-term. Members also discussed possible tax implications and the need to consult a CPA before changing the rules, with concerns raised about avoiding double-dipping or ethical issues if lodging were reimbursed in addition to per diem. One member withdrew the lodging motion and asked that the committee study the issue further.
The committee took no substantive action beyond adopting the minutes and adjourned after a motion to adjourn was made and approved without objection.
LA
Louisiana 2026 Regular Session
House Executive Committee May 31st, 2026
Transcript Highlights:
- concern is, and I've been on this committee, I think, 10 years, and I know at some point the tax liability
- understanding, my recollection, somebody can correct me if I'm wrong, but it would increase the tax liability
Summary:
The committee met briefly, called the roll, confirmed a quorum, and adopted the June 3, 2024 minutes without objection. Staff then reviewed the purpose of the House supplemental allowance resolution, explaining that members receive up to $1,500 per month for reimbursable office and district expenses such as rent, utilities, printing, postage, travel within the district, and related office costs. Members also discussed the existing carryover rules, including a $3,000 general carryover and an additional $6,000 for printed materials, with unspent amounts reverting to the House budget.
Several members asked for clarification about what expenses are currently covered and how reimbursements work, including district office rent, phone and internet bills, per diem, out-of-state travel, conference registration, cell phones, and portable hotspots. The clerk and executive counsel explained that some items are paid from the supplemental account, while others, such as certain conference registration fees or appointed travel per diem, are paid directly by the House operating account. Members also raised concerns about whether using supplemental funds for lodging during session would require a resolution amendment and whether it could create tax or ethics issues, including possible double-dipping with per diem.
A motion was made to consider allowing excess supplemental funds to be used for lodging costs for members who live more than 50 miles from the Capitol, but after discussion the motion was withdrawn so the committee could study the issue further and consult a CPA. Members also discussed whether the monthly supplemental amount should be increased in light of inflation and rising office rents, noting that any change would have to be made by the executive committee for the next term. The meeting ended with a motion to adjourn, which was adopted without objection.
AZ
Arizona 2026 Regular Session
03/04/2026 - Senate Regulatory Affairs and Government Efficiency
Regulatory Affairs and Government Efficiency
Transcript Highlights:
- Finally, the amendment states that the unlawful content requirements do not impose a liability on the
- The content requirements do not impose a liability on the online hosting platform for content that is
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
AR
Arkansas 2026 1st Special Session
LEGISLATIVE JOINT AUDITING Feb 13th, 2026
LEGISLATIVE JOINT AUDITING
Transcript Highlights:
- For the general road and all other funds combined, assets totaled $23 million while liabilities totaled
- For the general road and all other funds combined, assets totaled $23 million while liabilities totaled
Summary:
The Legislative Joint Audit Committee met on February 13, 2026, and first adopted the January 9, 2026 minutes and then adopted reports from its executive and standing committees. The Executive Committee reported on scheduled audits, denied a special report request concerning the I-owned fire department, approved questions to the Arkansas Department of Health about Title V sexual risk avoidance education funds, authorized the Office of Property Risk to hire a CPA for its annual audit, and asked staff to gather information on circuit judge caseload assignments in Benton County.
The Counties and Municipalities Committee reported progress on delinquent private water and sewer audits, including reinstatement of 19 entities after required reports were filed and 59 of 64 delinquent 2023 entities submitting reports. It also noted that Adona was now in substantial compliance with municipal accounting law, while officials from Denning and Gum Springs appeared regarding noncompliance. Of 109 current reports reviewed, 15 were referred to prosecutors and the Attorney General, two were certified to the Governmental Bonding Board, 94 were filed, and 15 were deferred. The Education Institutions Committee filed 31 audit reports, including one for Cedarville School District that was referred to the prosecuting attorney, Attorney General, and Governmental Bonding Board, and the State Agencies Committee filed 10 reports involving issues at DHS, Parks, Heritage, and Tourism, Corrections, and Veterans Affairs.
The committee also heard a Medicaid Subcommittee report that included presentations from DHS, the Office of Medicaid Inspector General, and the Attorney General’s Office on their Medicaid-related roles. In special reports, Legislative Audit presented a review of Cleburne County’s library expenses, finding more than $80,000 in unauthorized or questionable disbursements, including purchases lacking a documented business purpose, undocumented disbursements, and possible improper fuel expenses; the matter was referred to the 16th Judicial District Prosecuting Attorney and the Attorney General. The committee also reviewed the Charles W. Donaldson Scholars Academy at UALR, where auditors found scholarship awards to ineligible students, numerous disbursement-processing exceptions, and that the program had ceased in 2024 with remaining funds returned to the school districts. After discussion, the committee filed both special reports and adjourned, with the next meeting set for March 12-13, 2026.
AZ
NH
Transcript Highlights:
- Meaning the liability is not that significant because those businesses that are carrying that liability
- :57.199>
significant liability is not that significant liability is not that significant because - liability protection. liability protection.
- receiving a specific liability receiving a specific liability protection. protection. protection
- Malloy was referencing, the well issues of private wells and the liability to the state.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Tuesday, May 19, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- levies over an alleged tax liability. levies over an alleged tax liability.
- Finally, this bill will give the Tax Court jurisdiction over the levy and the underlying tax liability
- The IRS can effectively sidestep Tax Court review by applying refunds or disputed tax liabilities or
- The IRS can effectively sidestep Tax Court review by applying refunds or disputed tax liabilities or
- <05:38:08.480>
of exceed 20% of the total liabilities of exceed 20% of the total liabilities
NH