Transcript Highlights:

• The Assembly Banking and Finance Committee is now called to order.
• On the consent calendar are AB 2028, Chen; AB 2425, Chen; and AB 2795, the Banking and Finance Committee
• And AB 2795, Banking and Finance, due pass to the Committee on Appropriations. Valencia? Yes.
• And AB 2795, Banking and Finance, do pass to the Committee on Appropriations. Michelle Rodriguez.
• With that, the Committee on Banking and Finance is adjourned. Thank you. Thank you. Thank you.

Summary: The Assembly Banking and Finance Committee met and first approved the consent calendar, which included AB 2028, AB 2425, and committee bill AB 2795, all sent to the Committee on Appropriations. The committee also noted that AB 2558 and AB 2746 had been pulled from the agenda. The chair reviewed hearing procedures, including acceptance of written testimony and rules against disruptive conduct. The committee then heard AB 2116, which would require registration and basic conduct standards for certain small-business financing providers, including merchant cash advance companies, and prohibit confessions of judgment and power-of-attorney provisions before default. Supporters argued the bill would close an oversight gap and improve transparency for small businesses; a small business owner testified that a purported 13% loan turned out to have a 235% APR. Opponents said the bill mixed consumer and commercial regulation and could restrict access to capital, though they supported banning confessions of judgment. The bill passed on a roll call vote and was sent to Appropriations. AB 2243, by Assembly Member Haney, proposed creating a state bank commission to study whether California should establish a state bank or other public financing tools. Supporters said a public banking model could reduce borrowing costs, keep more public money in-state, and better finance housing, infrastructure, and other public priorities; opponents from banking groups raised concerns about taxpayer exposure, deposit guarantees, and the use of public funds and existing lending structures. The bill passed and was sent to Appropriations. The committee also heard AB 2350, which would set guardrails on rent-now-pay-later products for rental housing; supporters said these products can lead to high fees, debt, and eviction risk, while industry groups opposed the bill unless amended. AB 2350 passed as amended and was sent to Appropriations. At the end of the meeting, the committee completed roll calls for absent members and adjourned.

Transcript Highlights:

• Senate Bill 507, introduced by the Senate Committee on Finance, revises provisions relating to governmental
• I move to refer Assembly Bill 93 to the Committee on Finance. You've heard the motion.
• I move to refer Assembly Bill 514 to the Committee on Finance. You've heard the motion.
• Assembly Bill 514 to the Committee on Finance. You've heard the motion.
• As a reminder, the Senate Committee on Finance is going to continue meeting after we are done with floor

Keywords: 909, all

Transcript Highlights:

• At the discretion of the chairs and per committee rules, written testimony received by the committee
• Committee staff will be keeping a timer.
• In closing, betterment financing can bring billions in private-sector financing to bear.
• Any other questions from the committee?
• financing, otherwise known as R-PACE.

Keywords: 995, all

Summary: The Joint Committee on Revenue held a hearing on several housing-related bills, with chairs Adrienne Madaro and James Eldridge framing the discussion as part of the Legislature’s broader response to the state’s housing crisis and noting that many of the bills build on the 2024 Affordable Homes Act. The chairs reviewed hearing procedures, including the three-minute oral testimony limit, the option to submit written testimony, and the hybrid format. No votes were taken during the hearing. Testimony began with support for H. 3278, a bill to create a graduated deed excise tax for affordable housing. Representative Worel argued that higher-end real estate transactions should contribute more to fund affordable housing production, saying the measure would not burden working families and would help address racial inequities in homeownership and displacement. Representative Soder then supported H. 3247, which would promote redevelopment of abandoned buildings through expanded tax incentives for renovating vacant properties for sale or rent, arguing that it would bring blighted units back into use and generate future tax revenue. The committee also heard testimony on H. 3040/S. 1969, residential improvement or R-PACE legislation. Robert Giles of Home Run Financing and Nicole Steele of Amalgamated Bank described the program as a voluntary, assessment-based financing tool that could help homeowners pay for energy efficiency, resilience, and other major repairs without upfront costs, and said it could complement existing Mass Save programs while expanding access to more homeowners. In contrast, Judith Lieben of the Massachusetts Law Reform Institute opposed H. 3039/S. 1946, the Housing Development Incentive Program bill, arguing it would expand subsidies for market-rate and luxury housing in Gateway Cities instead of directing resources to low-income renters. Representative Hawkins also testified in support of H. 3121, which would end large investor control of homes in Massachusetts by imposing an excise tax on large owners of small residential properties and using the revenue for first-time homebuyer down payment assistance. After testimony and a few member questions, the chairs asked whether anyone else wished to testify and then adjourned the hearing.

Transcript Highlights:

• The Joint Committee on Ways and Means and the Committee on Commerce and Consumer Protection.
• name Alo chair members of the committee name Alo chair members of the committee uh<00:11:19.000>
• and bond financing.
• and tax increment bond financing and tax increment financing, and that is a form of financing used in
• You get tax increment financing. You have enough financing to build us a nice stadium.

Keywords: 912, senate, all

Summary: The committees considered a large number of Senate bills, with many measures advanced either unamended or with technical or substantive amendments. Early action included SB 88 and SB 11 SD1, both passed unamended, and SB 562 SD1 and SB 642 SD1, which were passed with amendments reflecting agency testimony. SB 1133 SD1 was amended to remove duplicative county requirements and clarify tax credit carry-forward eligibility, while SB 1569 SD1 on sports wagering was deferred. Later, SB 933 on nonprofit/federal funding support drew strong testimony from nonprofit and health advocates emphasizing the risk of federal funding freezes and the importance of protecting services such as early learning, domestic violence support, housing, and workforce supports; the committee recommended amendments to define eligible organizations, require reporting, and include the Judiciary. SB 934 and SB 935 were also amended, with SB 934 tying mass transit funding to Honolulu project milestones and SB 935 revising retirement-system language to change “fewer than five years” to “five or more years.” The committees then took up additional measures with targeted amendments. SB 1033 was amended to clarify that the bill applies to legal entities, not individuals, though members noted concerns about closely held family corporations and asked that the issue be reflected in the committee report. SB 1166, SB 1249, and SB 1256 were advanced with amendments or committee-report notes reflecting concerns from the Attorney General, Hawaii Cattlemen’s Council, and Hawaii Farmers Union United, respectively. SB 1432 and SB 137, both relating to electric utilities, were amended to require retention of covered employees after mergers or acquisitions and to direct the PUC to consider whether proposed transactions further state policy goals. SB 157 on antitrust was narrowed to focus on coordinator conduct in rental housing markets, SB 252 on invasive species received a defective effective date, and SB 336 on defense of state employers and employees passed unamended. SB 536 on the Hawaii Community Development Authority was deferred to a later hearing, and SB 1064 on medical cannabis was heavily amended to authorize cultivator licenses with limits on canopy size, license counts, physician fees, and a special-fund appropriation for enforcement. In the Ways and Means portion, the committee passed several bills unamended, including SB 19, SB 124, SB 264, SB 345, SB 422, and SB 741 and SB 747 later in the agenda. SB 361 was amended to remove references to the attorney general and delete an appropriation section, SB 438 was amended to redefine buffer zones and landfill-unit language, and SB 441 and SB 494 were amended to blank appropriations and, in SB 494, assign charter-school audit responsibility to the state auditor. SB 659 was substantially amended to promote local procurement, including county-level geographic preferences and higher thresholds for locally sourced purchases, and SB 732 was amended to adjust film tax credit provisions, including the streaming-platform definition and sunset-related language. SB 819 was amended to replace references to “educators” with “teachers.” Throughout, most measures were adopted without recorded opposition, though several members noted reservations on particular bills.

Transcript Highlights:

• committee on transportation and finance committee on transportation and finance with<00:43:34.560
• c> adopted<01:01:56.319> a finance committee because they adopted a finance committee because
• uh Senate Finance the Senate Committee uh Senate Finance Committee<01:44:30.560> report.
• the committee on finance be substituted the committee on finance be substituted is<01:45:10.639>
• c> Committee So, your Senate Finance Committee So, your Senate Finance Committee originally<01:45

Keywords: 927, senate, all

Transcript Highlights:

• It is the state's affordable housing finance agency.
• First, I'd like... finance corporation.
• And we say it's finance, finance, finance, finance.
• And we say it's finance, finance, finance, finance.
• She's like, that's the HAT committee.

Summary: The committee met to hear a panel on workforce and attainable housing, with presentations from Florida Housing Finance Corporation, Pensacola Habitat for Humanity, Wendover Housing Partners, the City of Tallahassee, and Escambia County. Speakers described how state and local tools such as SHIP, the Live Local Act, land trusts, accessory dwelling units, infill development, and public-private partnerships are being used to expand housing supply and preserve long-term affordability. Several panelists emphasized that housing demand is rising across income levels, that workforce households often need subsidy to buy or rent, and that housing location, transportation access, and proximity to jobs and services are critical. They also highlighted challenges including rising construction costs, limited land, insurance, NIMBY opposition, and the need for more flexible financing tools and employer participation. Members asked about area median income thresholds, whether current programs are reaching the households most in need, and what additional tools might help. Florida Housing said its traditional rental programs generally serve households at or below 60% AMI, while need is increasingly reaching up to 80% AMI statewide and higher in some regions; staff also provided examples of AMI levels by county. Other discussion focused on the impact of local government opt-outs, tax abatements, corporate ownership of single-family homes, insurance costs, Fortified construction standards, and whether bonuses or other income calculations can unintentionally disqualify applicants. Panelists urged more political will, more local flexibility, and additional incentives for employers and landowners to support housing near jobs. The committee also used an anonymous interactive polling exercise, and members identified partnerships, SHIP funding, local government action, cost, and insurance as key issues. In closing, the chair said the committee would continue a member-driven process and likely hold a workshop on housing-related topics. No formal votes or bills were taken up in the meeting, and the session adjourned after the discussion.

Transcript Highlights:

• Committee, then Senate Finance Committee.
• Committee, then Senate Health and Public Affairs Committee, then Senate Finance Committee.
• Committee, then Senate Health and Public Affairs Committee, then Senate Finance Committee.
• Finance Committee.
• Finance Committee.

Keywords: 996, all

Transcript Highlights:

• The Housing Development and Finance Committee is an integral piece to this proposal.
• In year one, we will prepare for the two agencies and the Housing Development and Finance Committee to
• And that is what the Housing, Finance, and Development Committee does.
• And this is the meat of this and the focus of it is on the housing development and finance committee
• I think that that's a possibility that the Housing Development Finance Committee will work on.

Summary: The joint hearing focused on the Governor’s 2025 reorganization plan to split the Business, Consumer Services and Housing Agency into two new agencies: a Business and Consumer Services Agency and a California Housing and Homelessness Agency. Administration officials said the change would give each side more focused leadership, improve consumer protection and regulatory oversight, and better align housing and homelessness policy with the state’s broader housing goals. Leaders from the Department of Consumer Affairs, Cannabis Control, Alcoholic Beverage Control, and Financial Protection and Innovation all voiced support for the business-side reorganization, while housing officials emphasized that the new housing agency would help streamline funding, compliance, and coordination across programs. Members raised concerns about timing, budget impacts, office space, and whether the split would actually reduce bureaucracy. The administration said the plan would be included in the May Revision, was intended to be cost-neutral, and would not require fee increases for licensees or additional office space. On the housing side, officials said the new Housing Development and Finance Committee would work toward a single application and more coordinated award process for affordable housing funding, while preserving CalHFA’s statutory and financial independence. They also said the reorganization would improve compliance monitoring, data collection, and coordination with local governments, including Los Angeles homelessness programs. Public testimony was largely supportive. Industry groups representing beverage distributors, craft brewers, wine, mortgage lenders, and housing organizations backed the business-side split, and housing advocates such as Housing California, the California Housing Partnership, and the California Housing Consortium supported the housing agency concept and the proposed one-stop-shop approach. Several witnesses urged that tax credits, bonds, and other funding sources be better coordinated, and some said the plan should be paired with additional state investment and implementation resources. No formal vote was taken; the hearing was informational.

Transcript Highlights:

• Is the adoption of the amendment offered by the Committee on Finance?
• The Committee on Finance moved to amend the bill on page one, section 5C.
• The amendment adopted by the Finance Committee modifies two allocations.
• Is the adoption of the amendment offered by the committee on finance?
• The amendment adopted by the Committee on Finance did two things.

Keywords: 994, senate, all

Transcript Highlights:

• I second 2025 hearing of the Assembly Elections Committee to order.
• Seeing none, we'll now move it to the committee. Any questions or comments from committee members?
• And for the work of this committee, again.
• So any city who enacts any sort of public financing or any financing mechanism, it's up to that city
• Thank you, Madam Chair and committee members.

Keywords: 988, house, all

Transcript Highlights:

• Also, your Committee on Finance.
• I have Amendment No. 892 proposed by the Senate Committee on Finance. Senator Donate.
• I have Amendment No. 912 proposed by the Senate Committee on Finance. Senator Dondero-Loop.
• I move to refer Assembly Bill 550 to the Committee on Finance. You've heard the motion.
• Amendment No. 850, proposed by the Senate Committee on Finance. Senator Dondero-Loop.

Keywords: 909, all

Transcript Highlights:

• Department of Finance.
• Department of Finance.
• Department of Finance.
• Department of Finance. Department of Finance. Matthew Perky, Department of Finance.
• Department of Finance. Matthew Perky, Department of Finance.

Keywords: 988, house, all

Transcript Highlights:

• Department of Finance.
• Department of Finance. Anthony France with the Department of Finance.
• Department of Finance: Anthony Franzoid, Department of Finance.
• of this committee.
• Department of Finance. Department of Finance. Matthew Perky, Department of Finance.

Summary: Assembly Budget Subcommittee No. 6 heard the Governor’s May Revision proposals for the judicial branch, the Board of State and Community Corrections, the Department of Justice, and the California Department of Corrections and Rehabilitation. The Legislative Analyst’s Office opened with a warning that the state budget remains structurally imbalanced and urged the Legislature to avoid new ongoing spending unless offset by reductions elsewhere. In the judicial branch discussion, the Judicial Council highlighted language access funding, appellate court security, a backfill for the state court facilities construction fund, and an extension of the lactation room mandate; Finance supported most items but suggested reporting language on interpreter costs and reducing the General Fund backfill. Members raised concerns about judicial vacancies, long-term salary freezes, remote hearings, and the lack of progress on court staffing in some counties. For the Board of State and Community Corrections, the administration proposed $10 million one-time each for the Missing and Murdered Indigenous People grant program and a human trafficking vertical prosecution grant program. The LAO said both should be weighed against other priorities and suggested the Legislature consider whether the Tribal Nations Grant Fund could support MMIP work, while Finance said it preferred General Fund support and wanted more review before any fund swap. Members strongly supported MMIP funding and asked whether ongoing support would be considered. On the human trafficking grant, Finance said BSC was a good fit because of its grant administration experience and prior vertical prosecution work, while legislators asked why the program was not placed with the Office of Emergency Services as originally contemplated in prior legislation. The Department of Justice presented antitrust litigation funding, Medi-Cal Fraud and Elder Abuse staffing, completion of organized retail criminal enterprise cases, and trailer bill language for a continuous appropriation from the Victims of Consumer Fraud Restitution Fund. The LAO supported the antitrust account use but questioned the Unfair Competition Law Fund’s ability to cover the full request without General Fund repayment, and recommended against a continuous appropriation for the restitution fund in favor of a more limited mechanism with legislative oversight. Finance said the fund would remain solvent and defended the continuous appropriation as necessary to pay victims promptly. In the CDCR portion, the largest discussion centered on the Boston Consulting Group efficiency review and sharply reduced savings estimates; LAO said the department had not fully explained the proposed position eliminations or future $100 million savings target, while Finance said the work reflected deeper analysis and ongoing efforts to find savings. Members repeatedly pressed CDCR and Finance on the gap between earlier promised savings and the revised figures. CDCR also outlined population projections showing continued declines in prison and parole populations, while LAO again urged the state to close an additional prison to save ongoing costs. The department then walked through several May Revision items, including workers’ compensation funding, a Corcoran honor housing dorm, incarcerated firefighter pay implementation, an incarcerated menopause program, mental health receiver staffing, mental health resource teams and crisis intervention teams, medical classification staffing changes, and AI note-taking for the electronic health record. LAO generally recommended limiting-term funding and more reporting for many of these proposals, while Finance defended them as necessary ongoing investments or court-ordered obligations. Members questioned the cost of workers’ compensation, the need for more prison closures, the lack of funding for women’s facility violence prevention, and the timing and transparency of the BCG savings process. No votes were taken.

Transcript Highlights:

• One carefully regulates litigation financing activities for all litigation financing, and the second
• So if we look at the regulation of litigation financing, for all litigation financing, the bill directs
• Chairman and committee members for allowing me to speak.
• Chair, members of the committee. Thank you, Mr. Chair, members of the committee.
• Chairman, Vice Chair, members of this committee.

Summary: The Judiciary Committee met and took up a series of bills, beginning with SB 620, which would require candidates for federal, state, county, district, judicial, and school board offices to disclose any citizenship in countries other than the United States. The bill was presented as a transparency measure, with one opponent waiving time, and it was reported favorably on an 8-0 vote. The committee then heard SB 1396 on litigation financing consumer protection. Supporters from the Florida Justice Reform Institute, American Tort Reform Association, and U.S. Chamber Institute for Legal Reform argued the bill would add transparency, limit funder control, and require disclosure of foreign entities involved in litigation funding. Opponents, including the Florida Justice Association, argued the bill would create strategic advantages for defendants and could affect discovery and settlement dynamics. The bill passed 7-2. The committee also approved SB 192, removing a $1,500 cap on patient funds chiropractors may hold in trust; SB 888, limiting indemnity and insurance requirements in design-professional contracts; CS/SB 332, creating a temporary closed-meeting exemption for pre-suit Burt Harris litigation strategy discussions; SB 820, requiring quarterly reporting on problem-solving courts; SB 1500, updating uncontested probate procedures; SB 1224, making fraudulent entry into rental dwellings a third-degree felony; and SB 1000, setting a floor and ceiling for interest rates on law firm trust accounts. Each of these bills was reported favorably, with broad support and little or no opposition. The committee also advanced CS/SB 694, which would compensate the descendants of the Groveland Four. Senator Bracey Davis described the bill as a final step in addressing the wrongful convictions, deaths, and long-term harm suffered by Charles Greenlee, Walter Irvin, Samuel Shepard, and Ernest Thomas. Family members and advocacy groups testified in support, urging the state to complete its acknowledgment of wrongdoing with monetary compensation. An amendment was adopted to divide any appropriation equally among the four families. The bill passed unanimously. Finally, SB 144 creating a public records exemption for personal information of Judicial Qualifications Commission employees and their families was approved 9-1. Several members also requested to be recorded as voting in the affirmative on specific bills before the committee adjourned.

Transcript Highlights:

• I call this meeting of the House Housing Finance and Policy Committee to order.
• Our primary responsibilities include staffing Finance committees, tracking legislative budget decisions
• and he does the Housing this committee and he does the Housing Finance<00:04:26.960> portion<
• <00:04:55.800> committees<00:04:56.440> tracking<00:04:56.840> legislative Finance
• committees tracking legislative Finance committees tracking legislative budget<00:04:57.720> decisions

Keywords: 1183, house

Summary: The House Housing Finance and Policy Committee met for an informational session with no bills taken up and no votes or formal actions. Members and staff introduced themselves, and Chair Speno said the committee would focus on understanding housing policy and barriers to building more homes, noting Minnesota’s housing shortage and the need to support both single-family and multifamily construction. House Research analyst Mary Davis and House Fiscal analyst Katrina Heimark gave an overview of the committee’s jurisdiction and the Minnesota Housing Finance Agency’s programs and funding streams. Davis outlined areas the committee may hear about, including real estate law, landlord-tenant law, manufactured home parks, housing cooperatives, zoning, property taxes, and MHFA programs. Heimark described MHFA’s five main budget areas—development and redevelopment, housing stability, homeownership assistance, preservation, and resident/organization support—and reviewed recent appropriations, emphasizing that much of the large 2024–25 funding was one-time money and that ongoing base funding is lower in 2026–27. Members asked several questions about how prior appropriations were spent, whether unused funds return to the general fund, and whether funds can be repurposed. Heimark said transferred funds generally are not returned to the general fund if unspent, but are expected to be used for the purposes outlined in the appropriation; she also said she had requested more detailed expenditure information from the agency and would follow up. Questions also focused on who benefits from programs such as rental housing rehabilitation and the affordable rental investment fund, with the testifiers explaining that most MHFA programs are targeted to low- and moderate-income households and that income eligibility varies by program. The committee also discussed the new metro-area sales tax revenue dedicated to housing, with members requesting more detail on reporting, oversight, and allowable uses.

Transcript Highlights:

• The housing finance and development executive committee members sitting here at the table each bring
• The housing finance and development executive committee members sitting here at the table, The housing
• finance and development executive committee members sitting here at the table each brings teams with
• We've created the infrastructure right in the reorg through the Housing Development and Finance Committee
• Development and Finance Committee, and urge you to provide the funding resources that will make it a

Summary: The subcommittee heard an extensive presentation on the administration’s housing reorganization proposal, which would centralize multifamily affordable housing finance under the new Housing Development and Finance Committee (HDFC) and align it with the Governor’s trailer bill language. Administration officials said the plan is intended to create a one-stop application and award process, reduce duplicative timelines and costs, and pair state subsidy with private activity bonds and federal tax credits more efficiently. They also described proposed changes to the Affordable Housing and Sustainable Communities program, including shifting a larger share of funding toward housing-related awards while preserving a portion for sustainable communities investments. The Legislative Analyst’s Office generally supported the streamlining concept but recommended changes to the proposed bond set-aside timing and urged flexibility for integrated applications and future reporting on demand. Senators, especially Senator Cabaldon, raised concerns that the proposal could weaken the original climate-and-transportation purpose of the sustainable communities program and that the reorganization would be undercut by the lack of new housing production funding in the budget. The item was held open without a vote. The committee then received a report from the California Debt Limit Allocation Committee and the California Tax Credit Allocation Committee on federal and state housing tax credits. Staff explained that the federal H.R. 1 change lowering the bond-financing threshold from 50% to 25% greatly expanded the number of projects able to use the 4% federal tax credit, allowing California to fund many more projects and units. They also described the state low-income housing tax credit as an important gap-filling tool for projects that still need additional subsidy, and noted existing set-asides for rural, homeless, at-risk, and extremely low-income projects. Members discussed rehabilitation as well as new construction, and the item was informational only. Finally, the Civil Rights Department reported on the effects of federal civil rights policy changes and on three programs facing expiration: California vs. Hate, the Community Conflict Resolution Unit, and Investigations and Conciliation Enhancement. Director Kevin Kish said federal cuts and policy shifts have reduced support for fair housing and other civil rights functions, while CRD’s caseload has grown from about 8,700 open matters a year ago to more than 12,000, with a six-month wait for interviews despite overtime triage efforts. Senators expressed strong support for continuing the programs and concern about the broader federal rollback of civil rights enforcement. The department said it is using overtime, intake triage, and outreach partnerships to manage the workload and direct Californians to appropriate state, local, and nonprofit resources.

Transcript Highlights:

• Next, uh, we will bring before the committee House File 2435, the health finance bill.
• Next, uh, we will bring before the committee House File 2435, the health finance bill.
• Next, uh, we will bring before the committee House File 2435, the health finance bill.
• Next, uh, we will bring before the committee House File 2435, the health finance bill.
• Next, uh, we will bring before the committee House File 2435, the health finance bill.

Bills: HF2436, HF2435

Keywords: child welfare, economic assistance, child care, grant program, video security cameras, healthcare, dementia services, public health funding, opioid prevention, women's health, community health boards, mental health, 1183, house

Transcript Highlights:

• The Assembly Banking and Finance Committee is now called to order.
• Chair and members of the committee.
• I will be accepting all the committee amendments.
• Do you pass or refer to the Committee on Appropriations and AB 866?
• With that, the Assembly Banking and Finance Committee is adjourned. Thank you. Thank you.

Keywords: 988, house, all

Transcript Highlights:

• We know that we do get reports from the committee.
• We know that we do get reports from the committee.
• the committee proposed amendment to AB 99.
• Any other comments from committee members?
• But the financing that we've been talking about as a driver of lower financing costs would also be tax-exempt

Summary: The committee first heard AB 13, which would restructure the CPUC to increase legislative oversight, add legislative liaisons, require more detailed and timely reporting on rate-setting decisions, and add a public advocate member. The author and supporters argued the bill would improve transparency, accountability, and geographic diversity in CPUC decision-making amid rising utility rates. Witnesses from TURN, San Joaquin County, SDG&E, and former CPUC Commissioner Loretta Lynch offered support or support-in-principle, while no opposition testimony was presented. Members generally praised the bill’s transparency goals, and AB 13 passed 10-0 to Appropriations, with the roll left open for absent members. The committee then adopted the 2025-2026 committee rules and approved three consent items: AB 61, AB 365, and AB 406. The next bill, AB 99, would cap investor-owned utility rate increases above inflation except for specified costs such as safety, modernization, and fuel/commodity costs. The author and supporters, including a representative of the California Senior Legislature, said the bill was needed to protect ratepayers, especially seniors and low-income customers, from repeated rate hikes. Opposition came from utility labor, utilities, the Chamber of Commerce, and others, who argued the bill was too simplistic, could suppress labor costs, and did not account for major cost drivers such as wildfire mitigation, mandates, and net metering. Several members supported moving the bill forward as a starting point on affordability, while others criticized it as overly blunt. AB 99 passed 11-0 to Appropriations, with the roll left open. The hearing then shifted to an informational panel on strategies to reduce California transmission costs. A Public Advocates Office staffer described a growing backlog of approved-but-unbuilt transmission projects, rising transmission access charges, and long project timelines driven largely by utility pre-application and construction periods. Panelists from Net Zero California and consulting firms presented research suggesting that public financing or public-private partnership lease models could reduce transmission costs by lowering financing, tax, and capital costs, with estimated savings of up to 57% and as much as $123 billion over 40 years. PG&E’s representative said the utility is already pursuing federal loan guarantees, grants, and a public-private partnership with Citizens Energy, but warned that state ownership could create tax, wildfire-liability, and governance risks. Members asked about the CPUC’s role, the causes of delays, and whether public financing could complement existing competitive solicitation processes.

Transcript Highlights:

• Good morning, Chair and members of this committee.
• Good morning chair and members of this committee.
• This month marks 50 years ago that, committee.
• financing them.
• You say all financing, any financing that comes from overseas is a problem.

Bills: S0014, S0016, S0024, S0052, S0308, S0504, S0506, S0564, S0572, S0590, S0594, S0806, S1396, S7020, S7024, S7026

Keywords: negligence, settlement, police conduct, municipal liability, personal injury, compensation, injuries, Miami-Dade County, places of worship, house of worship, church, mosque, synagogue, religious security, armed security, volunteer security, private security, security guard licensing, licensure exemption, Florida Statutes chapter 493

Summary: The Committee on Rules met with 14 members present and considered a long agenda of bills, including several open-government sunset reauthorizations, consumer and election measures, claims bills, and policy bills on public safety, ethics, and child protection. The committee reported favorably SB 7024 and SB 7026, which extend and consolidate public-records/public-meeting exemptions for cybersecurity information and trade secrets held by agencies, and SB 7020, which reenacts the aquaculture records exemption for the Department of Agriculture and Consumer Services. It also approved SB 14 and SB 24, two uncontested Miami-Dade County claims bills, and SB 16, a claims bill for Heriberto Sanchez Mayan involving severe injuries after an unlawful arrest and transport incident in St. Petersburg. Several bills drew substantial testimony. SB 308, creating the Florida Museum of Black History Board of Directors and designating St. Johns County as the museum site, received extensive support from advocates and lawmakers who emphasized preserving the full and accurate history of Black Floridians; some speakers urged safeguards to ensure historians and community members help shape the museum’s content. The committee also favorably reported CS for SB 564, allowing registered or pre-registered high school students to volunteer at polling places for community service hours, with supporters saying it would build civic engagement and help election offices. CS for SB 52, which exempts unpaid volunteer armed security at houses of worship from Class D and G licensing requirements, was also reported favorably after testimony both supporting the need for church security and cautioning that congregations should retain control over whether weapons are allowed. The committee approved CS for SB 1396 on litigation financing and consumer protection after a lengthy debate over transparency, foreign funding, and whether the bill would chill access to courts. Supporters said it would create guardrails and disclose foreign involvement; opponents argued it could burden plaintiffs and reveal litigation strategy. The committee also reported favorably CS for SB 504 and SB 506, creating a framework and related public-records exemption for code inspector body cameras, with discussion about notice to property owners and protection of sensitive footage. Additional favorable actions included CS for SB 572, updating ethics law to reflect foster family relationships, and CS for SB 590, tolling the statute of limitations for failure-to-report child abuse offenses until the offense is known to law enforcement or another charging authority.