Transcript Highlights:

• The Committee on Rules reports recommending the following resolutions ought to be adopted.
• Resolutions filed by Mr. McMurtry.
• The Committee on Rules reports recommending the following resolutions ought to be adopted: resolutions
• Question: Shall the resolutions be adopted? All those in favor say aye; all those opposed, nay.
• The ayes have it; resolutions are adopted.

Keywords: 995, all

Summary: The House began with routine business, including the Pledge of Allegiance and adoption of three congratulatory resolutions honoring Eagle Scouts Charles Goodman, Jack Goodwin, and Liam LaCrooy. Members also adopted a House-Senate concurrence on House 4359, a Milford alcohol-license bill, after amending it to repeal Chapter 289 of the Acts of 2022 and set an effective date. The chamber then passed Senate 2596, establishing maintenance of private roads in Gloucester, and engrossed House 4887. The House also observed moments of silence for former Lynn City Councilor Richard Rick Ford, Louise M. Pedroso, and Mildred “Millie” Cox, and welcomed several guests, including students, civic visitors, and British Minister of State Stephen Doughty. The bulk of the session focused on budget amendments related to housing and emergency assistance. Amendment 1579, which would have tightened HomeBASE eligibility by requiring citizenship-status inquiries, was debated at length and defeated 26-130. Amendment 1582, which would have barred Housing and Livable Communities from conditioning grants on MBTA Communities Act compliance, was also rejected 27-126. Amendment 1583, which would have limited right-to-shelter eligibility to U.S. citizens with six months’ Massachusetts residency, was defeated 26-122. Supporters argued these changes would reduce costs and prioritize taxpayers; opponents said they would exclude lawful residents and undermine existing housing and shelter reforms. The House then adopted Consolidated Amendment F, covering energy, environmental affairs, and housing, by a vote of 154-0. Speakers highlighted major funding for rental vouchers, emergency shelter, HomeBASE, public housing, clean water, climate and agricultural programs, and food assistance. The chamber also considered and defeated Amendment 1218 on creating a data center commission, Amendment 1234 on eliminating certain energy surcharges, and several education-related amendments from Ms. Sullivan-Almeida: changes to special education reimbursement thresholds and rates, and a proposal to make regional school transportation funding mandatory rather than subject to appropriation. Those education amendments were all rejected after roll-call votes. Amendment 1580 on ending vocational school lottery admissions was withdrawn by its sponsor before a vote. The transcript ends as debate continues on Amendment 1308, which would increase a budget line item, but no final action on that amendment is shown.

Transcript Highlights:

• The clerk will read the resolutions.
• Is there any objection to the adoption of the resolutions?
• The Chair lays before the House the following memorial resolutions.
• All those in favor of adoption of the resolutions please rise.
• The resolutions are unanimously adopted.

Bills: HB25, HB48, HB149, HB254, HB26, HB192

Keywords: ivermectin, pharmacist authority, prescription-free, healthcare regulation, patient access, HB 48, Texas alert notification systems, emergency alerts, public warning systems, alert fatigue, notification fatigue, Texas Division of Emergency Management, Department of Public Safety, DPS alerts, emergency management, State of Texas Emergency Assistance Registry, STEAR, disaster notifications, weather alerts, Amber Alert

Transcript Highlights:

• I move to proceed out of order for consideration of resolutions.
• Shebol, please read the title to Senate Joint Resolution 20.
• House Concurrent Resolutions 1004 and 1005 and House Resolution 1008 be postponed indefinitely. on finance
• Resolutions 1004 and 1005 and House<05:25:28.720> Resolution<05:25:29.400> 1008<05:25:
• 29.840> be<05:25:29.960> postponed House Resolution 1008 be postponed House Resolution

Keywords: 981, all

Transcript Highlights:

• Clerk, read those resolutions, please.
• > 34<00:39:28.320> with House Joint Resolution number 34 with House Joint Resolution number
• >> House joint resolution number 47 by >> House joint resolution number 47 by Representative
• > 20<00:42:56.960> by Senate Joint Resolution Number 20 by Senate Joint Resolution Number
• I have a resolution. Clerk, say the resolution.

Keywords: 1136, house, all

Transcript Highlights:

• > respects<02:29:09.920> the peaceful resolution that respects the peaceful resolution
• House Joint Resolution 60.
• <02:31:20.800> Joint House joint resolution 60. Joint House joint resolution 60.
• Pursuant to House Resolution 405, the Pursuant to House Resolution 405, the amendment<03:13:35.600>
• > 405,<03:59:41.520> the Pursuant to House Resolution 405, the Pursuant to House Resolution

Keywords: U.S. House of Representatives Floor Proceedings on Thursday, May 15, 2025, 1012, house, all

Transcript Highlights:

• correctly printed Senate Bill 3 and 9, correctly introduced and correctly enrolled Senate Joint Resolution
• The president has signed Senate Joint Resolution 2 and 3, Senate Resolution 2.
• Colleagues, immediately after we recess and adjourn this morning, the House MLK joint resolution will

Keywords: 981, all

Transcript Highlights:

• to then set something up and then come back and pass another resolution, so it streamlines the whole
• to then set something up and then come back and pass another resolution, so it streamlines the whole
• to establish sister state resolutions to establish sister state relationships<00:30:40.600> to
• to pass a resolution to ask the<00:30:47.840> sister<00:30:48.120> state<00:30:48.320>
• so it streamlines the another resolution so it streamlines the whole<00:30:54.200> process<00

Keywords: 912, senate, all

Summary: The committee first heard HB 649, which would create a small boat harbor commercial vessel special fund and raise mortgage fees on commercial vessels to fund harbor improvements. DLNR stood on written testimony in support, while the Ocean Tourism Coalition, Activity and Attractions Association of Hawaii, Calypso Charters, and a local commercial operator all opposed the bill, arguing that the fee increase would burden thin-margin businesses without fixing procurement and staffing problems and that the bill’s fee language and fund allocations were too vague. A DLNR witness also noted a prior bill, HB 2477, had sought to broaden the fee base to more ocean operators statewide rather than increase the percentage. No vote was taken on HB 649 during the portion shown. The committee then heard HB 2599 on aquatic protection, which would prioritize ecosystem integrity and use of best available science in managing aquatic resources and set coral reef resilience goals. DLNR supported the measure, and a testifier from the public urged stronger coral goals for Oahu and a broader framework including water quality, herbivore management, fishery management, enforcement, and coral restoration. There was no opposition or vote shown on HB 2599 before the committee recessed to a joint hearing. In the joint Economic Development and Tourism / Water, Land, Culture, and the Arts hearing, members heard HB 2118 on transferring the State Foundation on Culture and the Arts and the King Kamehameha Celebration Commission from DAGS to DBED, HB 2474 on authorizing non-binding international cooperative agreements, HB 1863 on creating an honorary ambassador to Canada, HB 1943 on out-of-state DBED offices and export promotion, and HB 2604 on a performing arts ticket surcharge. Testimony was generally supportive for HB 2118, HB 2474, HB 1863, and HB 1943, with questions focused on agency placement, sister-state relationships, and the rationale for overseas offices. HB 2604 drew opposition from the Tax Foundation and others, who argued the surcharge functioned as a tax and would make arts participation more expensive; the chair recommended deferring it. During decision-making, both committees passed HB 2118, HB 2474, HB 1863, and HB 1943 with amendments, including technical changes and revised effective dates. For HB 2474, the amendments were described as clarifying definitions for sister-state and international cooperative agreements, allowing relationships with national governments, and preserving legislative approval and transparency. HB 1943 was amended to require an office in Laoag City, Philippines, rather than a non-existent DBED Philippines office. HB 2604 was deferred. After the joint session, the Water, Land, Culture, and the Arts committee resumed and heard HB 2395 on permits for taking marine deposits and HB 2361 on administrative support for the Kahului Bay Regional Council, both of which drew only DLNR written testimony and no further action in the excerpt. The committee then began HB 1823 on Coastal Zone Management Act exemptions, with the Office of Hawaiian Affairs testifying first, but the transcript cuts off before further testimony or action.

Transcript Highlights:

• The Committee on Rules reports recommending that the resolutions filed by Representative Sabadosa of
• Question comes on adoption of the resolutions. All those in favor say aye; opposed, no. No.
• The resolution is adopted.

Keywords: 995, all

Summary: The House began with the Pledge of Allegiance and then took up several committee reports and procedural orders. It adopted a resolution commending the Endometriosis Alliance of Massachusetts for recognizing March 2026 as Endometriosis Awareness Month. The House also adopted multiple orders extending committee reporting deadlines, including for the Committees on Children, Families, and Persons with Disabilities; Consumer Protection and Professional Licensure; Health Care Financing; Revenue; and Transportation. In addition, the House concurred with a Senate referral on legislation concerning Great River Regional School Districts and suspended Joint Rule 12 to send two petitions to committee, one on retirement benefits for Suzanne Garcia and another on senior property tax credits. The Committee on Steering, Policy and Scheduling recommended a slate of bills for House consideration, including measures on call firefighter rights, foreclosure protection for recently widowed spouses, wage protections for electronic wage cards and hospital workers, a minimum wage for airline catering employees, incentives for donations to local nonprofits, limits on prison labor, and a sick leave bank for a DCF employee. After suspending Rule 7A, the House gave these bills second reading and ordered them to a third reading. On third reading and final action, the House passed to be enacted a sick leave bank bill for a Department of Correction employee, concurred in a Senate amendment to a land conveyance bill for Brockton, and passed to be engrossed several local and special legislation bills, including measures involving Conway police and fire department employees and an Arlington firefighter civil service exception. The House then adopted an order to meet again Monday at 11 a.m. and adjourned to that time in informal session.

Transcript Highlights:

• Spilka has presented a resolution which Clerk Reed... By Ms.
• Spilka, resolutions joining the Alliance of Massachusetts YMCA, Incorporated, in their celebration of
• The ayes have it, and the resolutions are adopted.

Keywords: 995, all

Summary: The Senate opened with the Pledge of Allegiance and several ceremonial recognitions, including a tribute to the Oliver Ames boys cross country team and girls volleyball team for winning state championships, and a resolution honoring the 175th anniversary of the YMCA in Massachusetts. The chamber also observed a memorial adjournment for Sherry S. Mattel of Brookline, with remarks highlighting her long record of public service, including work with the League of Women Voters, Brookline Town Meeting, and local school and civic organizations. On legislative business, the Senate gave final passage to several local measures, including bills waiving maximum age requirements for two Boston police officer applicants, setting an annual stipend for Bridgewater town council members, addressing temporary absence and appointment powers for the Bridgewater town manager, and establishing the Cambridge Employment and Job Training Trust. The Senate also passed to be enacted a bill on maintenance of private roads in Gloucester, a bill expanding financial eligibility for Williamstown’s senior property tax exemption, and a bill allowing Rochester to continue employing Fire Chief Scott Weigel. The chamber also took up a petition to designate the Marion-Started Riverwalk in Groton, suspending Senate Rule 36 and Joint Rule 12 before referring the matter to the Committee on Environment and Natural Resources. Additional House petitions were referred to committees under suspension of Joint Rule 12. The Senate adopted an order to meet again on Thursday at 11:00 a.m. in formal session with the calendar, and then adjourned.

Transcript Highlights:

• Records in limited circumstances in order to speed up case resolution and reduce court congestion and
• It would help to streamline claim resolution and reduce litigation costs while still ensuring privacy
• It would help to streamline claim resolution and reduce litigation costs while still ensuring privacy

Summary: The Assembly Appropriations Committee met on July 16, 2025, with a quorum present and 51 bills on the agenda. The chair reviewed public testimony rules, noted Assemblymember Arambula was absent, and took up the consent calendar. Several bills were approved on consent in two motions: one group eligible for the Assembly floor consent calendar and another group approved do pass with amendments. The suspense calendar was then deemed approved, covering a long list of Senate bills that were not individually heard. Two bills were presented before the committee. Senator Sívants presented SB 307, which would require CSU and UC to adopt protections for undocumented students affected by immigration enforcement, including preserving nonresident tuition exemption status, providing access to financial and academic support, and creating policies for grade withdrawals and re-enrollment. The California Faculty Association supported the bill, and an Assemblymember spoke in favor, citing the need to protect undocumented students; the bill was sent out on a roll call. Senator Allen presented SB 413, which would allow limited access to juvenile court records in certain civil and government claims cases to speed resolution and reduce costs, while maintaining privacy safeguards. The County of Los Angeles sponsored the bill, and it also moved out on a roll call, with Assemblymember Dixon not voting. After those presentations, the committee opened the floor for public comment on bills not heard that day, but no additional testimony was offered. The meeting then adjourned.

Transcript Highlights:

• Budget resolution 56 says ALS United is getting $300,000.
• Budget Resolution 1355.
• Budget Resolution 13... The Department of State, okay. And what is it again?
• Budget Resolution 1355, periodic cancer screening examinations.
• Resolution 1299 under Interdepartmental...

Keywords: 1146, all

Summary: The Assembly Budget Committee met on June 28, 2026 and considered a long list of budget and policy bills, reporting many of them out of committee, often with amendments. Early measures included AB 2550 on continued dependent health coverage for certain adults with disabilities, AB 4794 allowing tax data sharing with the New Jersey Innovation Authority and Secure Choice Savings Board, and AB 3381/SB 1493 updating occupational therapy licensure requirements. The committee also advanced AB 4014, creating a social media research center at a public four-year institution, though one member opposed it as unnecessary spending given existing research on social media harms. Another bill, AB 5048/SB 1281, would ban certain apparel and diaper products with intentionally added PFAS; some members opposed it over safety and cost concerns, especially for firefighter gear, but it was reported. The committee also moved AB 383, which promotes volunteerism to help FamilyCare and SNAP recipients meet eligibility requirements, and AB 4357, extending telehealth pay parity, though one member objected to parity between telehealth and in-person care. The committee then took up several energy, environmental, and housing-related bills. AB 5188, the Advanced Grid Technologies Act, was released despite opposition from some members and labor interests. AB 2524 would let dual-use solar projects participate in community solar, and AB 5236 would strengthen pediatric psychiatry and behavioral health services; both were reported. AB 5348, allowing temporary use of open-space and related funds for certain municipalities, drew sharp criticism as a diversion of preservation money to fill budget holes, but passed. AB 5280 returned unexpended county appropriations to Hudson County and authorized supplemental operating aid; it also passed despite objections about prior bidding violations. AB 5347 provided certain motor vehicle-related funding to municipalities and was reported, as was AB 5334/SB 4423, appropriating Green Acres and CBT revenues for local open space and park projects. A major portion of the meeting focused on tax and business-related bills. AB 5329 increased the child tax credit for 2026-2028, with testimony urging that the expansion be made permanent; it was reported. AB 3899, the General Contractor Licensing Act, also passed. AB 5310/SB 4406 clarified sentencing under certain circumstances and was reported. AB 5330, allowing temporary transfers in the pension system, drew testimony from NJEA warning that the State Health Benefits Program was in crisis and asking for a longer repayment period to avoid rate spikes; the bill was still reported. AB 1326 created a higher education governance and funding task force and was amended to add a Talmudic institution or theological seminary representative. Later, AB 5333/SB 4424 appropriated additional Green Acres and CBT funds for recreation and conservation projects and was reported. The committee also advanced several business and alcohol-related measures, including AB 5235 establishing the School-Based Partnership for Access and Resilience for Kids program, AB 5325 reducing business formation fees, AB 4836/SB 2368 on portable solar devices, AB 4881 establishing an advanced nuclear energy procurement program, AB 3974/SB 3183 revising renewable energy incentive and solar interconnection rules, AB 4013 creating a social media research center focused on addictive behavior, AB 5225 making temporary alcohol beverage provisions permanent, and AB 5295 revising alcoholic beverage licensing laws. The most contentious debate came on AB 4085, the Fair Price Protection Act, which would restrict “surveillance pricing” and regulate grocery pricing practices. Consumer advocates supported the bill as a protection against individualized pricing, while retailers and chambers of commerce argued the language was too broad and could undermine loyalty programs, discounts, and electronic shelf labels. Despite those objections, the committee voted to report the bill after amendments. Finally, AB 4530/SB 3739 on EV supply equipment standards was reported, and AB 5322 imposing a temporary cap on net operating loss deductions under the corporate business tax sparked strong opposition from business groups and a policy debate over whether legitimate losses and investment-related deductions should be limited; the bill was still moved out of committee.

Transcript Highlights:

• Because this is really, to me, like it has the premise of a study resolution.
• Because this is really, to me, like it has the premise of a study resolution.
• Because this is not like a resolution, because a resolution has the effect of law, but it's not law.
• And of course, we have a resolution dealing with the tires. And so I do. with you on that.
• And, of course, I will have a resolution dealing with the tires.

Bills: HCR95, HB4, HB244, HB615, HB648, HB1049, HB1201

Keywords: sales tax, exemptions, credits, rebates, uniformity, legislative rules, fiscal report, constitutional convention, Louisiana constitution, electoral process, government structure, delegate elections, delegates, state election, ratification, Louisiana, public meetings, broadcast, transparency, government accountability

Transcript Highlights:

• Engrossed House Joint Resolution 42, Homestead Exemption. Second reading of the resolution.
• Are there amendments to the resolution? Yes, sir.
• The Committee on Finance moved to amend the resolution by striking out everything after the resolved
• The resolution will be advanced to third reading.

Keywords: 994, senate, all

Transcript Highlights:

• SPEED RESOLUTION IS IMPROVED DRAMATICALLY.
• SUFFICE TO SAY IT DOES HELP SPEED RESOLUTION AND A MORE ACCURATE RESOLUTION PARTICULARLY WHEN YOU HAVE
• A LOT OF US BELIEVE THAT SPEED RESOLUTION ON A CLAIM WILL SAVE MONEY IN THE LONG RUN.
• IF IT'S BEEN AROUND SINCE THE 90S AND YOU'RE TELLING ME IT WOULD SAVE MONEY LIKE SPEED RESOLUTION AND

Transcript Highlights:

• care team at both the state level and memorandums of understanding at the local level, a joint resolution
• care team at both the state level and memorandums of understanding at the local level, a joint resolution
• intended for this office and to see a... ...intended for this office and to see if we can reach a resolution
• These funds were appropriated by Congress under various continuing resolutions passed in 2024.
• Congress passed a continuing resolution in March that funds the federal government for the entire 2025

Summary: The Assembly Budget Subcommittee on Human Services heard an overview of efforts to streamline access to safety net programs and move toward more automatic, person-centered enrollment. CDSS, DHCS, and CalHHS described current cross-enrollment between Medi-Cal, CalFresh, and CalWORKs, including data showing high overlap among programs and a text-message outreach pilot that increased CalWORKs applications and enrollments but reached only a small share of potentially eligible people. Witnesses emphasized barriers such as differing federal eligibility rules, data-sharing limits, privacy concerns, and the need for better technology, consent management, and stakeholder engagement. Members pressed the administration on how to institutionalize these efforts across administrations and asked for concrete budgetary and regulatory steps to support “no wrong door” enrollment and automatic referrals. The committee also reviewed several chair priorities. On the proposed foster care multi-agency office, CDSS said existing coordination structures already address much of the intended work and asked to verify prior fiscal scoring. On the Employment First Office, CalHHS explained that the office’s $1 million budget was eliminated in the 2024-25 budget as part of deficit reductions, while noting that employment for people with intellectual and developmental disabilities remains an administration priority through existing departmental coordination. For the food insecurity proposal, CDSS said it could provide technical assistance but would need new data-sharing agreements, could not separately calculate a CFAP participation rate with current data, and would likely need until July 1, 2027, plus ongoing staffing, to complete the requested report. The mandated reporter proposal drew support for reform, with CDSS estimating low-millions in one-time training costs and ongoing costs in the hundreds of thousands. The subcommittee also discussed a guaranteed income proposal. CalHHS suggested drafting new statutory language and considering a county-administered model rather than a state-run competitive grant process to reduce administrative burden, while members and public commenters urged support for AB 661 and a study of a permanent statewide guaranteed income program. Public testimony also supported automatic enrollment, community-supporting mandated reporting reforms, and cash assistance for fire recovery. In the final items, CSD described how local nonprofit partners helped during the Los Angeles fires with food, housing vouchers, transportation, and emergency energy assistance, and explained that LIHEAP and CSBG remain important but limited tools for disaster response. CSD also said recent federal staffing cuts and possible future federal budget threats could affect LIHEAP and CSBG administration, though no immediate service disruptions had occurred and additional LIHEAP funds were expected to be released soon.

Transcript Highlights:

• Senate Resolution 2 introduced by Senator Duhigg and Senator Townsend, a resolution amending the Senate
• Senate Resolution 2.
• Senate resolution 2, having been read twice by title, is ordered printed and referred to the Senate Rules
• That's Senate Resolution 2.

Transcript Highlights:

• The House now has the opportunity to introduce bills and resolutions.
• I have a resolution. House Resolution Number 52 by the House Rules Committee.
• This resolution pertains to the special order calendar.
• This resolution pertains to the special order calendar.

Keywords: 1136, house, all

Transcript Highlights:

• Florida voters will have the opportunity, if we pass this joint resolution, to approve the following
• The joint resolution, if approved by the voters, takes effect January 1, 2007.
• Senators, that is the joint resolution.
• I'm here to share our strong opposition to this resolution.
• So I urge you to vote in opposition to this resolution. Thank you very much. Thank you for me.

Summary: The Committee on Appropriations took up SJR 2-F, the proposed constitutional amendment on property tax relief, which would reduce assessment growth on non-homestead property, expand homestead exemptions, create a new exemption for new homesteaders, and direct counties, cities, and school districts to use property tax revenues for specified core services. Senator Avila presented the measure as the governor’s plan to provide historic relief and argued that local governments should tighten budgets and prioritize core functions. Senators raised concerns about the lack of fiscal scoring, the breadth and ambiguity of the permitted uses, the effect on special districts and local services, and whether the proposal would shift costs to fees or other taxes. The committee adopted several amendments, including Avila’s amendment clarifying that ad valorem revenues could be used for county and municipal operations and administration and other expenditures not prohibited by law, and Trumbull’s amendment removing school board ad valorem taxes from the proposal. Other amendments failed, including proposals to allow user fees and non-ad valorem assessments, add a sunset, redirect tourism development taxes, narrow the small-business provision, and change the ballot title to reference local service reductions. Grall’s amendment removing the constitutional trust fund requirement was adopted, while the committee also rejected Berman’s title-change amendment and Smith’s sunset and tourism-tax amendments. The committee then returned to the bill as amended for questions, including extended debate over whether the proposal would affect noncitizen residents, the impact on local government finances, and whether local governments would respond with higher fees or special assessments. The meeting ended with the bill still under discussion after the final round of questions, with Avila saying he would continue working with the governor’s office on the language before the next vote.

Transcript Highlights:

• All those bills and resolutions having received their second reading are now in the possession of the
• Next order of business would be introduction of new bills and resolutions. Mr.
• Senate Resolution 111, a resolution honoring the 10th anniversary of the 2016 regular session, Senate
• resolutions resolutions to<01:28:33.280> the<01:28:33.520> Agriculture<01:28:34.239>
• >> It does. >> Do you have any new bills or resolutions?

Keywords: 958, all

Summary: The Senate convened with prayer, the Pledge of Allegiance, a roll call establishing a quorum of 35 members, and approval of the previous day’s journal. The chamber also received messages from the House that it had passed House Bills 43, 139, 297, 414, and 485 and requested concurrence. Second reading reports placed several bills in the Rules Committee, including measures on property disposition, children, school district sick leave, unemployment insurance, and status offenses, and a new resolution was introduced honoring the 10th anniversary of the 2016 session and its bullying-prevention legislation. The main floor action was on Senate Bill 39, relating to fishing in privately owned lakes and ponds. Senators debated multiple floor amendments, with several withdrawn and floor amendment 6 adopted. Supporters said the bill clarified private property rights and allowed stocking of F1 Florida bass without changing existing license requirements, while opponents and some supporters emphasized protecting the public trust, conservation funding, and the North American wildlife management model. After extended debate, the Senate passed SB 39 as amended by a vote of 29-8. The Senate then took up Senate Bill 154, relating to elections. The sponsor said it would strengthen election integrity by removing non-photo identification options, specifically Social Security cards and EBT SNAP cards, from the list of acceptable voter verification methods. Opponents argued the bill would make voting harder without evidence of fraud, citing that many Kentuckians used those IDs in the last election and that transportation and access barriers already exist. The transcript cuts off during debate on SB 154 before a final vote is shown.

Transcript Highlights:

• And so we have resolution funds for traditional state chartered banks.
• And so we have resolution funds for traditional state chartered banks.
• And so we bank resolution fund account.
• And so we have<00:42:06.319> resolution<00:42:06.880> funds<00:42:07.599> for<00
• :42:07.920> traditional have resolution funds for traditional have resolution funds for traditional

Bills: SF0021, SF0022, SF0054, SF0055

Keywords: stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation, state commission, decentralized, nonprofit association, merger, conversion, liability, membership, governance, indemnification, banking regulation, special purpose depository institution, conversion process, Wyoming state laws, financial services