Transcript Highlights:

• And so there's still a lot of, um, a lot of energy there, potential energy...
• So there's still a lot of energy there, a lot of energy there, a lot of usefulness there.
• new energy?
• And one is we have to have energy security, and we've lost it. We've lost that energy security.
• We've lost that energy security.

Summary: The meeting opened with remarks about the value of public engagement and the availability of presentation materials, then moved into a series of technical briefings from Idaho National Laboratory staff. Joe Renovitz described recent federal and DOE efforts to streamline nuclear regulation for advanced reactors, including NRC Part 53 and upcoming Part 57 rulemaking, DOE authorization updates, crosswalks between DOE and NRC requirements, and use of AI to speed licensing communications and document review. He emphasized that the goal is to align safety standards for advanced technologies, reduce rework for developers, and support deployment for commercial, defense, and research uses. In response to questions, he said there is no current plan to merge agencies, but there is more information-sharing and embedded NRC staff at DOE facilities; he also noted public outreach is supported through groups like GAIN and NEI. David Tolman then discussed the nuclear fuel cycle, covering uranium mining, conversion, enrichment, fuel fabrication, spent fuel storage, transportation, disposal, and recycling. He explained high-assay low-enriched uranium (HALEU), DOE’s HALEU Availability Program, and the need to expand domestic enrichment, deconversion, and transportation capacity to support advanced reactors and the 2050 nuclear growth goal. He also reviewed used fuel management, including on-site storage at operating and shutdown reactors, the Center for Used Fuel Research at INL, a high-burnup research cask project, and the long-term repository question, which he said is ultimately political as well as technical. He outlined reprocessing approaches—aqueous/Purex, pyrochemical, and fluoride volatility—describing INL’s work on electrochemical processing of EBR-II fuel and noting industry interest from several companies in recycling technologies. Ashley Shields presented on AI for nuclear applications, describing INL’s use of generative AI, high-performance computing, and digital-twin tools to accelerate reactor design, licensing, operations, and materials development. She highlighted the Prometheus effort to pursue highly automated reactor design and operation, the large documentation burden for reactor licensing, and ongoing work on autonomous control, remote operation, and AI-assisted materials qualification through the Vulcan challenge and related data platforms. In questions, she said AI tools are used under data-governance and security controls, with different models chosen for different tasks, and argued that software engineers and human oversight remain necessary. The session ended with a brief recess announcement and a transition to a later presentation on critical minerals and materials.

Transcript Highlights:

• It's on school finance, and I'm absolutely convinced and assured that they're going to be presenting
• Different noble ideas that we have within the school finance formulas and I don't want to play games
• TRS testified in Senate Finance last week.
• gathering community input, getting stakeholder input, and meeting with our teachers, business and finance
• It's HR, it's finance, and it's trying to figure out how all these stipends and pay scales work.

Bills: SB26 , SB 26

Committees: Senate Education , Senate Education K-16

Transcript Highlights:

• Finally, we are dedicated to continuing to build the safest, most durable, and energy-efficient homes
• Chair, members, this program is not financing housing specifically.
• There are municipal utilities as well as our large providers of Xcel Energy.
• There are municipal utilities as well as our large providers of Xcel Energy.
• </c><01:45:49.119><c> flexibility</c> some tax increment financing flexibility some tax increment financing

Committee: Senate Housing and Homelessness Prevention

Transcript Highlights:

• And so there's still a lot of... ...So there's still a lot of energy there, a lot of energy there, a
• I think in the near term, getting better at using diverse sets of energy and to one energy ecosystem.
• And one is we have to have energy security, and we've lost it. We've lost that energy security.
• We've lost that energy security.
• It's a lot of energy. And look, right? It's a lot of energy.

Summary: The meeting opened with remarks about the value of public engagement and the quality of questions from the group, followed by a series of technical presentations from Idaho National Laboratory staff. Joe Renovitz described recent nuclear regulatory changes tied to presidential executive orders, including NRC Part 53 for advanced reactors, the forthcoming Part 57 for very small reactors, and DOE updates to reactor authorization standards. He emphasized efforts to align DOE and NRC processes, use risk-informed and performance-based licensing, support reactor deployment for AI/data centers and national security, and use AI to speed communications and crosswalks between DOE and NRC requirements. In response to questions, he said there was no plan to merge agencies, but rather to improve coordination and public outreach through groups like GAIN and NEI. David Tolman then discussed the nuclear fuel cycle, including uranium mining, conversion, enrichment, fuel fabrication, spent fuel storage, transportation, disposal, and reprocessing. He explained high-assay low-enriched uranium (HALEU), why it is needed for advanced reactors, and DOE’s HALEU Availability Program and related investments in enrichment, transportation, deconversion, and supply chain development. He also covered spent fuel management, the possibility of centralized storage or a fuel-cycle campus, the Center for Used Fuel Research, and ongoing work on high-burnup cask testing and reprocessing technologies. Tolman described aqueous, pyrochemical, and fluoride-volatility reprocessing approaches, noting the advantages and waste characteristics of each, and said several companies are working with INL on these technologies. Ashley Shields presented INL’s AI and nuclear work, focusing on the Genesis initiative and the Prometheus effort to use AI to design, license, build, and operate reactors with far less human intervention. She described INL’s broad use of generative AI tools, the need to manage large volumes of legacy technical data, and applications in reactor design, materials discovery, autonomous laboratories, and digital twins. Shields said AI is being used to reduce the enormous documentation burden in nuclear licensing and to support autonomous or remotely operated reactor demonstrations, while stressing that humans remain in supervisory roles. In discussion, she addressed data security, model access, and the continued need for software engineers. The session then recessed briefly and resumed with Mitch Kerman beginning a presentation on critical minerals and materials.

Transcript Highlights:

• efficient while reducing energy costs.
• </c><00:03:13.680><c> and</c> preservation requests save energy and preservation requests save energy
• </c><00:03:18.920><c> and</c> operating buildings use less energy and operating buildings use less energy
• This would enable Admin to leverage federal funds for renewable energy and energy storage upgrades at
• energy and energy storage for renewable energy and energy storage upgrades<00:06:46.000><c> at</c><00

Committee: Senate Capital Investment

Transcript Highlights:

• The first crisis threatens the clean energy transition.
• So there's a number of different energy sources.
• Motion is due pass to Utilities and Energy. Chair voting aye.
• Biomass energy, by the way, is the most expensive energy in the state.
• , by the way, is the most expensive energy in the state.

Summary: The committee first heard SB 14, which would direct state agencies to reduce single-use plastics and improve waste diversion at state facilities by updating integrated waste management plans, increasing reusable foodware use, reducing paper purchasing, and requiring better employee education and recycling/composting practices. Supporters from the California Compost Coalition, Republic Services, Waste Management, and others said the bill would help build composting and recycling markets and let the state lead by example. Several groups that had opposed earlier versions said they were now neutral after amendments, including the removal of a 90% requirement. The bill was moved out on a due pass as amended recommendation. The committee then took up SB 326 on wildfire mitigation. The bill would create a framework for Cal Fire to evaluate the risk-reduction benefits of fuels management and landscape resilience investments, and it would accelerate implementation of Zone Zero defensible-space standards, including grants for local enforcement and broader application to rental and sale properties and post-fire reconstruction. Support came from Stanford climate researcher Michael Mastrandrea and several local government, insurance, and climate groups. With no opposition, the bill passed as amended to Appropriations. Next, SB 34 on port emissions and the South Coast Air Quality Management District drew extensive testimony. The author said the bill was narrowed by committee amendments to preserve the ports’ ability to reduce emissions while preventing cargo throughput caps and addressing concerns about automation, local control, and the timeline for port clean-air planning. Supporters included ILWU, business groups, and port-related stakeholders, while the South Coast AQMD and many environmental and community organizations opposed it, arguing it would weaken public-health protections and set a bad precedent. After lengthy debate, the committee approved the bill on a due pass as amended vote to Transportation, with some members voting no and others abstaining. The committee also heard SB 279, which would expand composting options for farmers and small community composters by allowing limited on-farm composting after large biomass events and increasing the amount small operations may process and sell. Supporters said the bill would help address agricultural waste, expand composting capacity, and reduce landfill disposal. Commercial composting representatives opposed it, warning that the bill could create regulatory inequities, strand recent investments in permitted facilities, and allow too much unregulated food waste. Despite those concerns, the bill passed to Appropriations on a due pass vote. The transcript also briefly referenced SB 613 on upstream methane emissions data, described as having no opposition and intended to improve tracking of imported oil and gas emissions.

Transcript Highlights:

• Senate Bill 1303, by the Resources and Conservation Committee, an act relating to the Energy Resources
• Senate Bill 1303 by Resources and Act Relating to Energy Resources Fund, amending Section 57-306, Idaho
• Senate Bill 1373, by the Finance Committee, regarding appropriations for economic development.
• House Concurrent Resolution 32, by the State Affairs Committee, regarding energy.
• The combination of Energy and OSC is going to provide some more efficiency there.

Transcript Highlights:

• Madam Chair and members, HB 2754 adds the chairperson of the Senate Finance Committee and the chairperson
• Madam Chair, members, as amended by the Natural Resources, Energy and Water Committee, House Bill 2331
• Madam Chair, members, House Bill 2428, as amended by the Natural Resources, Energy and Water Committee
• Madam Chair, members, as amended by the Natural Resources, Energy and Water Committee, House Bill 2756
• Natural Resources, Energy and Water Committee.

Summary: The committee worked through a very long minority caucus calendar covering a wide range of bills, with many items being described and then either left on consent, pulled from consent, or noted for votes. Topics included bullion and state depository proposals, a produce incentive appropriation, a biennial budget change, veterans services funding, driver licensing and traffic enforcement measures, procurement and public records changes, school board and school facilities rules, SNAP work requirements and verification, child welfare and juvenile justice provisions, housing and homelessness measures, energy and fuel policy, election administration, and several tax, commerce, and licensing bills. Members repeatedly raised concerns about constitutionality, federal preemption, duplication of existing law, and whether some measures were policy priorities that had been vetoed in prior sessions and were returning unchanged. Several bills drew extended debate. Members objected to English-proficiency requirements for commercial drivers and motor carriers, arguing federal law and the supremacy clause would bar them. Earned wage access regulation prompted strong opposition over consumer harm, overdraft cycles, and high effective APRs. School-related bills were criticized for overregulating public schools while not imposing similar requirements on ESA/private-school programs, especially on fingerprint clearance and reporting. SNAP-related bills were also opposed as setting unrealistic mandates and repeating vetoed proposals. Other contested measures included a drag-show criminalization bill, a bill restricting photo enforcement, a bill limiting local regulation of unmanned aircraft, and a bill conforming Arizona tax law to federal changes, which members said would benefit wealthy taxpayers and corporations without a clear funding source. The committee also heard a number of supportive or less controversial measures, including bills on veterans awareness, dementia care telemonitoring, Braille transcription funding, CPA licensure pathways, cash acceptance by retailers, and some child safety and court administration changes. Several bills were pulled from consent for further discussion, while others were noted as having unanimous or near-unanimous votes. The meeting ended with caucus announcements, including an affordability award presentation, an upcoming Latino Caucus discussion on community land trusts, and an invitation to African American Legislative Day activities, followed by adjournment.

Transcript Highlights:

• freshwater supplies are diminishing while demand for agriculture, communities, industries, renewable energy
• Protecting scarce... ...renewable energy and emerging technologies continue to grow.
• the Executive Board of Renewable Taos, an all-volunteer organization that advocates for renewable energy
• , energy efficiency, and protection of our environment all across northern New Mexico.
• That advocates for renewable energy, energy efficiency, and protection of our environment all across

Bills: HM45 , HB276 , HB300

Committee: House House Agriculture, Acequias And Water Resources

Summary: The committee first heard House Memorial 45, which asked the Water Quality Control Commission to promptly hear a petition seeking consideration of the beneficial reuse of treated produced water. The sponsor and supporters argued that produced water could help conserve freshwater, support agriculture and rural communities, and potentially aid compact obligations with Texas and industrial users. The committee also heard extensive opposition from acequia leaders, environmental groups, and residents who said the science is not yet sufficient, the water contains unknown or proprietary contaminants, and the memorial could pressure regulators or shift pollution burdens to other communities. After questions focused on the meaning of a memorial, the status of the petition, and the role of the Produced Water Research Consortium, a motion to table HM 45 passed, with members explaining they wanted the petition in hand before acting. The committee then took up House Bill 276, which appropriates $3.3 million to NMSU for the New Mexico Department of Agriculture to support celebration of the 400-year anniversary of winemaking in New Mexico. Supporters described the bill as a statewide agritourism and economic development effort tied to New Mexico’s long wine history, with marketing, signage, and tourism promotion intended to benefit wineries across the state. Members asked about the funding source, the anniversary date, and whether the effort would include wineries outside the south; the sponsor said the campaign would highlight wineries statewide. The committee voted do pass on HB 276. Finally, the committee heard House Bill 300, which would appropriate funds for the care and management of free-roaming horses and related domestic horse management, with an emphasis on tribal and local herd-control efforts using fertility control and trained community members. Supporters said the program would help address overpopulation, grazing impacts, and roadway safety, while opponents questioned relocation plans and whether the money should be spread across more counties. The sponsor and expert witness said trained personnel were already in place and the funds would support implementation. After discussion, the committee voted do pass on HB 300. The meeting ended with notice that the committee would meet again Saturday to hear House Bill 207.

Transcript Highlights:

• People report using kratom for energy and alertness, focus and productivity, stress and relaxation, physical
• over the eastern Snake Plain Aquifer to reduce their consumptive use of irrigation water, conserve energy
• over the eastern Snake Plain Aquifer to reduce their consumptive use of irrigation water, conserve energy
• In fiscal year 2025, our RCRDP loan program assisted with financing conservation projects that improved

Committee: Senate Agricultural Affairs

Transcript Highlights:

• And so it's going to, with all this criteria, we'll have the New Mexico Finance Authority on the committee
• We're going to have the New Mexico Environment Department, the Energy, Minerals and Natural Resources
• And I think that's the essence of this bill: time is money, just referring back to the Legislative Finance
• And I think that's the essence of this bill: time is money, just referring back to the Legislative Finance
• Just referring back to the Legislative Finance Committee report that was generated in January of 2024

Summary: The committee met on American Indian Day and first rolled Committee Substitute House Bill 110 at the sponsor’s request. It then heard House Memorial 32, which would direct the Indian Affairs Department and the Commission on the Status of Women to study the history and ongoing impacts of forced and coerced sterilization of Indigenous women and women of color in New Mexico, including known cases, access to reproductive health services, educational policy, and possible reparations. The sponsor, survivors, and expert witnesses described personal experiences and historical research, arguing the issue remains unresolved and that New Mexico could become the first state to formally acknowledge it through a memorial and study. Support came from the Commission on the Status of Women, Planned Parenthood, ACLU of New Mexico, and others; one member objected to the phrase “reproductive justice,” but the sponsor declined to change the language. The committee approved the memorial on a 7-1 vote, with Representative Block voting no. The committee then heard House Bill 109, which would speed up the approval and release of Water Trust Board funding by suspending the current legislative authorization step and relying on a more streamlined review process. The sponsor and NMFA witnesses said the bill would help rural and small communities avoid delays that drive up construction costs, especially given inflation, drought, and the large number of water projects needing funding. They noted the bill would still involve review by multiple state agencies and that legislators could still obtain project information from NMFA. Members asked about oversight, transparency, and whether the change would reduce legislative control, but supporters said the current process adds months and can force communities to reapply when costs rise. The committee passed the bill on a voice vote after a motion for due pass, and the meeting adjourned.

Transcript Highlights:

• So Xcel Energy, for example.
• development that we have in energy.
• So today I just want to give you an own. energy programs and the development that we have in energy.
• I previously was employed as a Department of Energy Fellow supporting Commerce with long-term energy
• .collection of ranchers and farmers and energy, a little less energy experience.

Summary: The committee met for its final meeting and approved the June 16 minutes. The main focus was policy development for advanced nuclear energy, including used fuel disposition, community engagement, and Wyoming’s legislative framework for nuclear development. Rod McCullum of the Nuclear Energy Institute briefed members on DOE’s “innovation campus” initiative for used nuclear fuel, explaining that DOE has narrowed responses to five states—Utah, Tennessee, Oklahoma, Idaho, and Louisiana—and is seeking host agreements by September 30. He said the effort likely requires both federal and state legislation, and industry disputes DOE’s proposal to restart the nuclear waste fee, arguing the Nuclear Waste Fund should instead be used through appropriations for disposal-related work. He also answered questions about Yucca Mountain’s failure, deep seabed disposal, and international approaches to spent fuel, emphasizing consent-based siting and collaboration with states, localities, and tribes. Envoy Public Labs/GAIN presenters Chase Blazer and Austin Blanche described state-led community engagement models for advanced nuclear projects. They highlighted examples from Kentucky, Indiana, New York, Illinois, Nebraska, Wyoming, Utah, and Connecticut, noting that successful siting depends on early public education, local government support, workforce planning, and, in some cases, state funding for early site permitting. Committee members asked how broad engagement should be, whether it should be countywide or regional, and how small modular reactors differ in public outreach; the presenters said the approach should match the project footprint and local concerns, but that even SMRs still require broad education and stakeholder involvement. Wyoming Senator K.L. Case and Wyoming Energy Futures CEO Rita Meyer then described Wyoming’s legislative history and TerraPower’s Natrium project in Kemmerer. They reviewed Wyoming’s earlier 1995 high-level waste law, which effectively froze nuclear development until reforms in 2022 allowed on-site storage of waste from an active in-state reactor and removed much of the state-level permitting burden. Meyer said the project is now in construction, with a sodium-cooled fast reactor and molten-salt storage system, but faces major supply-chain challenges—especially HALEU fuel—and relies on private investment plus a federal ARDP grant rather than state dollars. Members asked about water supply, investor motives, supply-chain bottlenecks, and state revenue; the presenters said water comes from a PacifiCorp surface-water contract, investors are seeking long-term returns, and Wyoming expects benefits through property and sales taxes and a per-megawatt-hour fee rather than direct state investment.

Transcript Highlights:

• They control access to basic needs such as food, sleep, clothing, shelter, transportation, finances,
• Clothing, shelter, transportation, finances, medical care, and even a persistent sense of hope.
• credits, including the award of tax credits by the Board of Public Utilities to the developers of energy
• Eric Belongan, New Jersey Energy Marketers Group.
• You don't buy any energy drinks, so you get a coupon for a new type of coffee, something like that.

Committee: Senate Senate Budget and Appropriations

Transcript Highlights:

• This is for the Department of Finance and Administration.
• have it representative Johnson we're on House Bill 1052 1051 oh yeah this is for the Department of Finance
• their appropriation to allow them to do tobacco enforcement and some casino gaming The Department of Finance
• House Bill 1074 is the appropriation for the Oil and Gas Commission under the Department of Energy and

Summary: The House convened with prayer, the Pledge of Allegiance, and a quorum present. The chamber recognized several guests, including state troopers, a nurse of the day, students, a cheer team, and a representative-elect. The Governor’s office also reported approval of House Bill 1002, Act 1. The House then moved into the red and yellow calendars to consider a series of appropriation bills and amendments. House Bill 1003, the Arkansas House Representative Staff appropriation for fiscal years 2026-2027, passed unanimously with its emergency clause. On the budget calendar, the House adopted amendments to several appropriation bills, including funding changes for the Labor and Licensing Board, the University of Arkansas Community College at Rich Mountain, the State Treasurer, the Department of Finance and Administration, the Department of Education, Northwest Arkansas Community College, and Fort Chaffee-related appropriations. Members also batched and passed a large group of appropriation bills by a 94-1 vote, while some bills were pulled out for separate consideration. Several separate bills were then considered. House Bill 1014, for the Department of Health and Human Services’ DIPSQA appropriation, failed on a 74-9 vote with 12 present. House Bill 1021 (Arkansas State University–Mid-South), 1027 (Health Services permit agency), 1049 (Treasurer’s office appropriation for animal rescue shelters), 1056 (Martin Luther King Jr. Commission), 1061 (Department of Labor and Licensing), 1074 (Oil and Gas Commission), 1075 (Division of Agriculture and Arkansas Bioscience Institute), and 1079 (Department of Corrections contraband cell phone prevention program) all passed, while House Bills 1060 (Arkansas State Library) and 1062 (Medicaid Tobacco Settlement Program) failed. The House also adopted House Resolutions 1004 and 1005, which were described as necessary to introduce a non-appropriation bill. At the end of the meeting, the House adopted a motion to adjourn until 11 a.m. the next day. Announcements were made for House Rules, Special Language, and Joint Budget committee meetings scheduled for the following day.

Transcript Highlights:

• flexibility in the State Housing Initiatives Partnership Program to preserve existing rental housing financed
• making a significant investment in our rural schools to address needs related to transportation, finance
• Up next, we have Michelle Griggs with the Florida Fruit Capital Finance Corporation.
• Up next, we have Mary Spokupi with Duke Energy. Waving in support.

Committee: House Commerce Committee

Summary: The Commerce Committee met with a quorum and heard three bills. First, CS/HB 515 on the Uniform Commercial Code was presented as a Florida Bar-backed update creating a new chapter to address digital assets and ledger technologies, including rules for perfection of security interests and lien priorities involving items such as Bitcoin. The bill drew support from the Florida Bar’s business law section and the Florida Bankers Association, had no amendments or opposition, and was reported favorably after a unanimous roll call. The committee then heard HB 1427 on rural communities, a broad package creating an Office of Rural Prosperity, a rural resource directory, a Renaissance grant program, a rural arterial road monetization program, housing and school support measures, and new health care grant programs for telehealth, staffing, training, and mobile units. Sponsors and many local officials, economic development groups, chambers, utilities, and other organizations testified in strong support, emphasizing infrastructure, workforce, housing, and health care needs in rural Florida. Members from both parties praised the bill’s focus on rural counties, and it was reported favorably. Finally, HB 299 on elevator accessibility requirements would allow an additional shorter interior support well in elevators while keeping the existing 42-inch support well requirement, with the goal of improving accessibility and flexibility for building owners. The National Elevator Industry supported the measure, there was no opposition or amendment, and the bill passed unanimously. The committee then adjourned.

Transcript Highlights:

• Lastly, I thought we had a pretty good answer in the Finance Committee to Mr. Fesson.
• Department of Treasury last night in a letter that they sent to Ranking Member Wyden on the Senate Finance
• particular agencies, but just wait until a liberal president reaches into the CIA, or foreign military financing
• They're working to develop energy in my state, and the administration came and said, Sorry, you guys

Bills: SB161 , SB195 , SB216 , SB245 , SB246 , SB257 , SB258 , SB260 , SB278 , SB281 , SB283 , SB93 , SB98 , SB99 , SB306 , SB314 , SB315

Committee: Senate Commerce, Science, and Transportation Committee

Transcript Highlights:

• When I need fuel from my car, I shouldn't have to determine, you know, the amount per energy or gallon
• All of us at Sound Transit, including our finance director, Victoria Wassmer, who is with me today, are
• I'm the chief finance and business officer at Sound Transit.
• The financing is limited to a percentage of the cost of the total asset.
• SB 6148 provides Sound Transit the same bonding authority that the federal government uses when financing

Summary: The Senate Transportation Committee held public hearings on several bills. Substitute Senate Bill 5690 would require WSDOT to give utility owners advance notice of fish barrier removal and other projects, seek federal funding for those projects when available, and report back to the Legislature; supporters said it would help small utilities plan for costly relocations, while WSDOT said the bill would not achieve its intended effect and that federal reimbursement for these costs is limited. The committee also heard Engrossed Senate Bill 5746, which would create or continue an advisory process on EV charger infrastructure property crime; the sponsor and supporters said it would help address vandalism and theft affecting charging access, and testimony was overwhelmingly in favor. Senate Bill 5750 would authorize state facilities to charge fees for privately owned EVs using state charging stations and deposit the revenue into the motor vehicle fund; the sponsor said this would make charging costs fairer and recover expenses, with broad support and some questions about whether the policy could be implemented administratively without legislation. The committee then heard Senate Bill 6148, which would increase the maximum term for regional transit authority bonds from 40 years to 75 years, affecting Sound Transit. Sound Transit and transit advocates argued the longer term would better match debt to long-lived assets, help accelerate construction, and reduce near-term financial pressure without raising taxes, while opponents warned it would increase long-term costs and shift repayment burdens to future generations. Committee members asked about interest costs, asset values, and examples of eligible long-lived projects such as tunnels and bridges. No votes were taken during the hearing, and each bill closed with testimony counts recorded on the record.

Transcript Highlights:

• The Senate Committee on Finance will come to order. We will call the roll later.
• Good morning, Madam Chair Huffman and Senate Finance Committee members.
• Good morning, Madam Chair Huffman and Senate Finance Committee members.
• It will really make us the capital, I believe, of finance and capital markets in this country in the
• We'll give everybody a level of comfort that Texas is the place to do business when it comes to finance

Bills: SB1211 , SB1574 , SB2774 , SB2873 , SB2900 , HJR4

Committee: Senate Finance

Summary: The Senate Finance Committee heard several measures, beginning with SB 1574 by Senator Zaffirini, which would codify the Texas Judicial Council’s Centers of Excellence Program for courts and judges. Testimony from judges and the Office of Court Administration emphasized that the program promotes transparency, procedural fairness, mentoring, and public trust. A committee substitute expanded eligibility to justices of the peace and municipal judges and removed a merit-pay reference to eliminate fiscal impact. After quorum was established, the committee adopted the substitute and later voted it out favorably, though it was not certified for the local and uncontested calendar. The committee also heard SB 2774 by Senator Hinojosa, which would amend the Tax Code’s retail trade definition to include industrial uniform and linen rental businesses so they qualify for the lower franchise tax rate. Supporters said the change would put rental textile businesses on equal footing with other rental industries and help Texas employers and customers. The bill was reported favorably to the full Senate. Members then considered SB 1211 by Senator Perry, which would broaden the existing fracking-related sales tax exemption for equipment used with non-fresh water sources, including recycled, produced, and brine water. The bill’s supporters argued it would conserve freshwater and reduce litigation over water definitions, while the Comptroller’s office discussed the fiscal note and production-related revenue effects. The committee also heard SB 2873 and SB 2900, both by Senator Kolkhorst and presented by Senator Nichols; SB 2873 would require electronic filers to file electronically, and SB 2900 would eliminate certain Comptroller-related advisory committees and boards. Both were later adopted in committee substitute form and reported favorably. Finally, the committee heard HJR 4, sponsored by Senator Parker, proposing a constitutional amendment to prohibit new taxes on securities transfers or financial transaction processing. Supporters said it would protect investors, especially retirees, and help position Texas as a financial center. The committee voted to report HJR 4 favorably to the full Senate. In each recorded vote after quorum was present, the measures passed with nine ayes and no nays.

Transcript Highlights:

• It's anticipated that we will send this out from here to finance.
• policy advocates case and as the energy policy advocates case and as the legislature<00:35:13.599><c
• Um the way that the energy<00:35:46.480><c> policy</c><00:35:46.800><c> advocates</c><00:35:47.359><c
• > decision</c><00:35:48.480><c> uh</c> energy policy advocates decision uh energy policy advocates decision
• </c> Finance. All those in favor say I. I. Finance. All those in favor say I. I.

Committee: Senate Judiciary and Public Safety

Transcript Highlights:

• Uh, I'm here with Deputy Director PJ4, our finance and administration director, Don Sales, Jr., and our
• When we're looking at finances, we actually determined the commission determined that risk is a more
• appropriate measurement for finances and for fiscal matters.
• 23:10.640><c> we</c><00:23:10.960><c> actually</c> looking at finances, uh we actually looking at finances
• </c><02:05:03.520><c> to</c> had to work with budget and finance to had to work with budget and finance