Video & Transcript Research : 'transferability'
Page 16 of 326
KY
Transcript Highlights:
- I mean, clearly that is a [snorts] I don't know if it would be necessarily a fraudulent transfer.
- I mean, it might be a very legitimate transfer to simply try to protect my family if something like that
- The act says that the transfer—me putting assets in the trust—does not have any pending or threatened
- of transfer within the public records. of transfer within the public records. um<00:26:44.000>
- in here um and essentially transferred in here um and essentially they<00:27:00.880>
would <00 - in here um and essentially transferred in here um and essentially they<00:27:00.880>
Summary:
The Senate Judiciary Committee met with a quorum and took up Senate Bill 50, sponsored by Chair Storm and President Stivers, a broad probate and trust measure. Stivers and attorney Barry explained that the bill updates Kentucky probate and intestacy procedures to better fit electronic filing and modern family structures, adjusts inheritance tax classifications to reflect longer lifespans and more complex family relationships, and adopts newer trust tools used in other states, including electronic wills and directed trusts. They also described a domestic asset protection trust provision, saying it is intended to level the playing field with other states and is not meant to help people evade existing creditors; they noted one non-uniform section may have fiscal impact and could warrant referral to Appropriations and Revenue.
Members asked about the asset protection trust language, especially whether it could shield assets after a lawsuit is pending or threatened. Barry said the bill would not allow transfers to defeat existing or threatened claims and that the protection only applies where there are no such claims at the time of transfer. Senators also discussed whether the trust could be used for spendthrift-style family planning, with Barry noting trusts can already be drafted for that purpose and that the bill is not aimed at that issue.
Senator Thomas requested more detail on the inheritance tax changes, and Stivers explained that the bill would move more beneficiaries into the no-tax category because estates now often pass to older children, grandchildren, and step-relatives, creating unexpected tax liability. He and others said the changes were meant to reflect modern family patterns and longer life expectancy, and Thomas said he was not opposed to the tax changes but wanted the public to understand them.
Tim Shank of the Kentucky Bankers Association testified that the bankers were not opposing the bill overall but had concerns about the domestic asset protection trust section, particularly its treatment of existing mortgages and creditor claims. He said the bill’s notice and claim-extinguishment provisions could create unintended consequences for mortgage holders, and he urged changes to protect existing debt. In response, Senator Thomas questioned whether a lender that takes no action for the bill’s six-month-to-two-year claim period should lose its claim, but Shank replied that federal mortgage rules and payment status could complicate that assumption. The discussion ended with acknowledgment that the mortgage issue was likely unintended and would need further review.
AZ
Arizona 2026 Regular Session
01/27/2026 - House Natural Resources, Energy & Water
Natural Resources, Energy & Water
Transcript Highlights:
- Does the current law allow for private companies to pump and transfer this water?"
- to be able to transfer water.
- me—basically, you're not transferring the entire ag pumping right.
- engaged in the transfer.
- It’s a transfer basin that was set up a long time ago.
Keywords:
solar radiation management, environment, prohibition, Arizona Revised Statutes, public health, complaint process, Attorney General, groundwater management, water conservation, irrigation, water supply, brackish groundwater, water supply development, desalination, water infrastructure, financial assistance, environmental reviews, brackish water, groundwater, water resources
Summary:
The committee first received an update from Arizona Department of Water Resources Director Tom Buschatzky on Colorado River negotiations and post-2026 operating rules. He described the legal framework governing Arizona’s allocation, argued that Arizona and the lower basin have already made substantial conservation cuts, and said the upper basin is pressing positions Arizona views as inconsistent with prior Supreme Court rulings. He emphasized the need to move water from upstream reservoirs to Lake Mead, warned of continued shortage risk, and said the state is seeking an equitable deal through ongoing federal and interstate negotiations. Members asked about outside water use, tourism and recreation impacts, and tribal water rights, including the Navajo-Hopi-San Juan Southern Paiute settlement. Buschatzky said the state’s delegation and bipartisan support have been helpful and urged continued public and legislative backing.
The committee then heard House Bill 2758, which would expand McMullen Valley groundwater transportation authority and add related requirements and guardrails, including an amendment increasing the La Paz County transportation cap from 10% to 50% of the annual volume and adding conditions for sales or leases from historically irrigated acres. Supporters, including bill sponsor advocates, the Arizona Municipal Water Users Association, and the Home Builders Association, said the bill would create a lawful, regulated transfer option similar to the Harquahala model, support housing growth, and include oversight through hydrologic studies, pumping limits, and monthly reporting to ADWR. Opponents, including La Paz County Supervisor Holly Irwin’s statement, local residents, Sierra Club, and rural advocates, argued the bill would accelerate aquifer depletion, harm private wells and subsidence conditions, and benefit a New York hedge fund at the expense of rural communities. After debate, the committee adopted the Griffin amendment and then passed HB 2758 as amended on a 6-4 due-pass vote.
The committee next took up House Bill 2098, which would modify bonding authority and public hearing notice requirements for county water augmentation authorities and allow local repayment agreements with WIFA. Pinal County Supervisor Stephen Miller and other supporters said the bill would clean up statutory language so the Pinal County Water Augmentation Authority can finance future water augmentation and infrastructure projects, including potential Bartlett Dam-related work, and better prepare for future Colorado River uncertainty. The Home Builders Association also supported the bill, saying it included proportionality protections for private utility water charges. The bill was moved for a due-pass recommendation and the committee proceeded to a roll call vote, with the transcript ending before the final vote result was shown.
NM
Transcript Highlights:
- That was a fund transfer of $30 million from the general fund to the PCF.
- trial attorneys lack experience or even familiarity with the transfer process.
- SYOs to the adult system and the discretionary transfer process for YOs.
- SYOs to the adult system and the discretionary transfer process for YOs.
- Chair, if they are transferred, what process is there?
Keywords:
sexual crimes, statute of limitations, criminal justice, victim rights, child abuse, procurement, contracting, small business, local government, disaster recovery, emergency procurement, certification, public spending, juvenile justice, delinquency, rehabilitation, community corrections, risk assessment, public safety, health regulations
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Jan 17th, 2026 at 09:11 am
House Appropriations & Finance
Transcript Highlights:
- And one of those places cites a transfer to the Commission for the Blind.
- Transfers.
- Hernandez, but I will say in the LFC recommendation for fund transfers, there is a transfer out of the
- Continuing, as I said I would, into the fund... ...transfers.
- And there's a transfer of $100 million from what fund?
MN
Minnesota 2025-2026 Regular Session
Conference Committee on S.F. 1832 - Jobs and Labor Omnibus - 05/13/25
Transcript Highlights:
- moving an approp moving this transfer moving an approp moving this transfer from<00:13:13.680>
- section of the bill to the transfer section of the bill.<00:13:17.519>
Um <00:13:17.839>so - And this is to the transfer section.
- <00:14:16.959>
And <00:14:17.120>that's transfer section of the bill.- And that's transfer section of the bill.
- section of the bill to the transfer section of the bill.<00:13:17.519>
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 3/27/25
Commerce Finance and Policy
Transcript Highlights:
- I want to highlight the section on the wine transfer for the shipping, and I'm glad to see that's in
- By seeing this section in here, with transferring the transfer from 2 to 4 and the shipping, it gives
- me great hope that this body is willing to talk about the transfer of alcohol and the different ways
- It's a wine transfer bill that we've talked about for many, many members.
- this section in here with transferring this section in here with transferring moving<00:40:59.319
Keywords:
financial institutions, insurance regulation, insurance holding company, group capital calculation, liquidity stress test, NAIC, National Association of Insurance Commissioners, insurer solvency, affiliate transactions, groupwide supervision, internationally active insurance group, lead state commissioner, policyholder protection, hazardous financial condition, deposit or bond, contract for deed, conventional loan, cooperative apartment loan, mortgage interest rate cap, average prime offer rate
MN
Minnesota 2025-2026 Regular Session
Joint House-Senate Subcommittee on Claims 4/30/26
Transcript Highlights:
- On May 2nd, claimant was transferred to a respective housing unit, and the Department of Corrections
- My concern with any of these claims is if, after transfer, someone received a damaged tablet, doesn't
- On the first transfer on October 28, staff noted on the property report that claimant's state-issued
- , incident report from this transfer, incident report from this transfer, claimant<01:08:40.480><
- On<01:08:49.640>
the <01:08:49.759>third <01:08:50.040>transfer <01:08:50.560>
Summary:
The Joint House and Senate Subcommittee on Claims convened on April 30, first without quorum and then with quorum, at which point the committee corrected and approved the prior minutes. Members then reviewed several claims held over for informational purposes, including injury claims for Fraser, Larson, Schmidt, Stuart, and Washington, and property claims for Lidberg, Robecky, and Young, with no action taken on those items.
The committee dismissed a claim by Ms. Prevally seeking reimbursement for funds liquidated from irrevocable trusts after hearing that the matter had already been litigated in court and that subcommittee rules bar claims for public assistance compensation. The panel then approved two exoneration claims: James Jovan Davis, whose murder conviction was vacated after postconviction proceedings and who settled for $250,000, and Clayton Douglas Groves, whose sexual-conduct convictions were vacated after evidence of prior false accusations was admitted and who settled for $350,000. Testimony from counsel for both claimants emphasized wrongful conviction, the length of incarceration, and negotiated settlement amounts, with members asking about the basis for the compensation and attorney-fee allocations.
The final exoneration claim, Marvin Haynes, was also approved. The committee heard that Haynes was convicted as a teenager, later exonerated after new evidence showed false evidence and suggestive eyewitness identification, and that the state and claimant had reached a $4.5 million settlement. The committee then turned to Department of Corrections injury claims, denying Arnold Baker’s claim for lack of evidence of a compensable permanent injury, and approving Mark Carroll’s claim for a $4,570.40 award after he suffered a compensable ankle fracture while working.
In property claims, the committee discussed Anthony Edwards’s claim for food, a JPay tablet, and shoes. After testimony from Department of Corrections counsel about property inventory procedures and the lack of a current replacement tablet program, members agreed to compensate Edwards $70 for the missing shoes, deny the food claim, and deny the tablet claim because the tablet had been returned and any malfunction was reported outside the department’s reporting window.
MS
Transcript Highlights:
- If the transfer is above 500, there's a fee of 1 and a.5%.
- This bill international wire transfer.
- If the transfer is above 500, there's a fee of 1.5%.
- There's no money transferred in this bill.
- Uh this money transferred in this bill.
Summary:
The committee first considered Senate Bill 2191, which would expand the allowable uses of municipal use tax funds. The bill would add sidewalks to the list of eligible projects and remove remaining restrictive language that limited use tax spending to roads and bridges. A senator asked for confirmation that the funds would be limited to publicly owned property of the local government, and the sponsor confirmed that was the intent. The committee approved the bill and reported it out.
The committee then took up Senate Bill 2257, the Mississippi Land Bank Act, which would create a local land bank tool for cities and counties to acquire, manage, and return vacant, abandoned, and tax-forfeited properties to productive use. The sponsor said the bill is intended to help address blight, especially properties held at the Secretary of State’s office, and emphasized that land banks would be locally created, subject to public accountability requirements, and barred from using eminent domain. The committee adopted the bill and reported it out.
Members also discussed Senate Bill 2828, a committee substitute that would impose a fee on international wire transfers, with a credit available to Mississippi income taxpayers. The sponsor said half of the revenue would go to DPS for 287(g) programs and half to the general fund. An amendment was adopted to exempt certain transactions funded through U.S.-issued debit or credit cards or withdrawn from federally insured accounts. The committee adopted the substitute and reported the bill out. Later bills included SB 2863, creating a Jackson County industrial zone exempt from municipal annexation, and SB 2862, a related annexation measure brought forward with a reverse repealer; both were advanced after brief discussion. The committee also approved SB 2909, which lowers the unreduced retirement threshold in Tier 5 from 35 years to 30 years, and SB 2885, the Mississippi Work and Save program, a voluntary state-treasurer-run retirement savings option for small employers and employees. Throughout, the committee generally asked limited clarifying questions and then voted to adopt committee substitutes and report the bills out.
NM
Transcript Highlights:
- One man with lung cancer was newly transferred into the unit where the outbreak occurred.
- One man with lung cancer was newly transferred into the unit where the outbreak occurred.
- Have been transferred to ICE custody. Okay, that answers my questions.
- When they're transferred, how do we know they're not going to something the same?
- Individuals may be transferred to other detention facilities.
Bills:
SB100
NH
New Hampshire 2025 Regular Session
Joint Committee on Dedicated Funds (10/13/2025)
Transcript Highlights:
- Um, on 164, Dana Cole volunteered to work with them on the fund transfer that they did to the general
- that they did to on on the fund transfer that they did to the<00:07:57.520>
general <00:07:57.840 - <00:24:25.120>
So >> a transfer point, right? So >> a transfer point, right? - transferred from the escrow account. transferred from the escrow account.
- So, I don't think they're gifts and donations. >> Oh, they're transferring it from somewhere.
Summary:
The committee first approved the minutes from the September 24 and September 27 meetings unanimously. It then reviewed a spreadsheet and draft report tracking the status of various dedicated funds, with members deciding which items should be kept active, removed, or flagged for follow-up next year. Several funds were identified as no longer needing action because they had been repealed, terminated, or were already handled elsewhere, including mosquito-related funding, child care licensing, and the prescription drug affordability board item. In other cases, members agreed to keep the fund on the list but remove question marks and add notes for future review or for another committee to address.
A number of funds drew more detailed discussion. Members agreed that the Fish and Game fee increase issue should not be handled by this committee directly, but that staff should notify the relevant sponsor/department that a legislative change would be needed. They also discussed a medical cannabis fund that was running down significantly; the committee agreed to keep it active, note the concern, and send a letter to the department and Representative McDonald suggesting that HHS review whether fees or another revenue source should be changed, with the possibility of a late bill if needed. The lead poisoning prevention fund was also kept, with a note that the department should take action if it wants changes, and the committee discussed a grants-and-aid escrow-related item, concluding it should remain active and be kept on the list.
Members also discussed several legacy or special-purpose funds. They agreed to recommend deleting the broodstock reference, to keep the emergency fund while asking for a better explanation of its funding source, and to retain the building maintenance fund as active. The Recovery Monument fund was identified as inactive and likely eligible for transfer of its remaining $1,000 to the addiction treatment and prevention fund. The Matthew Elliott Trust Fund prompted the most extended discussion; members concluded it should not continue as-is and agreed to draft a letter to the Attorney General recommending that the fund be closed through probate court and the remaining $5,657 transferred to Fund 122, or otherwise handled as unclaimed property if appropriate. The committee also discussed a firemen’s association-related transfer and agreed it should remain, while noting that any broader change would require legislation and a sponsor in the relevant policy committee.
MN
Minnesota 2025 1st Special Session
House Public Safety Finance and Policy Committee 4/8/25
Public Safety Finance and Policy
AL
Alabama 2026 1st Special Session
Alabama House Financial Services Committee Feb 25th, 2026
Financial Services
Transcript Highlights:
- <00:31:34.480>
Missouri, <00:31:35.520>Pennsylvania, of transfers. - Missouri, Pennsylvania, of transfers.
- It has protections with respect to the assets that can be transferred.
- DOI approval, the health plan can't transfer more than 3%.
- <00:42:03.040>
there's assets that can be transferred. there's assets that can be transferred
Keywords:
fishing, licensing, jubilee, Marine life, Alabama, regulations, sex offenders, employment restrictions, first responders, public safety, juvenile offenders, local laws, registration requirements, picketing, protesting, residential protest, noise amplification, amplified sound, residential picketing, harassment
MN
Minnesota 2025-2026 Regular Session
House Housing Finance and Policy Committee 4/8/25
Housing Finance and Policy
Transcript Highlights:
- out to the um of a general fund transfer out to the housing<00:05:10.080>
support <00:05:10.479 - Section three on line 13 transfers the money currently in the housing support account to the general
- Section four on line 18 repeals the housing support account and the statutory transfer to that account
- Section three on line 13 transfers the money currently in the housing support account to the general
- Section four on line 18 repeals the housing support account and the statutory transfer to that account
FL
Florida 2026 4th Special Session
January 21, 2026 - 10:00 AM
Transcript Highlights:
- The bill also gives OIR the authority to require affiliates to refund improper transfers back to the
- I think if you look at it, or you could consider it this way: company transfers to company B, But the
- . >> And OIR says no, the money must be transferred back.
- So the company... ...be who received the money transfers. That backed company.
- We know we have had a lot of issues with affiliates transferring money which we had no control over.
Summary:
The committee met with a quorum and heard several insurance and banking bills. HB 1399, relating to property insurance affiliates, would increase Office of Insurance Regulation oversight of transactions between property insurers and affiliates, require fair-and-reasonable documentation, review of dividends and asset pledges, contract termination clauses, affiliate registration, and penalties for violations. Members from both parties generally supported the goal of transparency and accountability, though some raised concerns about costs and whether the bill would actually return money to insureds. The bill was reported favorably.
HB 427, on public adjuster contracts, would allow vulnerable adults or their legal representatives to rescind public adjuster contracts without penalty, reflecting the sponsor’s personal concerns about protecting elderly and otherwise vulnerable family members from predatory contracting. Public testimony included support from several industry and elder-law groups, while the public adjuster association warned the bill could unfairly target one profession and urged broader language. Members debated whether the bill should be expanded to cover other solicitations and whether legal representatives should be treated differently, but the bill was ultimately reported favorably.
The committee also approved HB 893, which aligns bank handling of law-firm trust accounts with Florida Supreme Court rules and supports legal aid funding, and HB 767, a transparency bill requiring insurers to provide consumers with plain-language explanations of rate increases and related factors. Members emphasized consumer education and clearer disclosures, and HB 767 passed 2-0. Later, HB 381, the Office of Financial Regulation agency bill, was amended and reported favorably; it updates financial regulation provisions including cybersecurity-related requirements, money services business rules, credit union and financial institution provisions, and fee timing. HB 777, a related public-records bill protecting nonpublic personal information submitted to OFR, was also heard and moved forward without opposition.
OK
Transcript Highlights:
- It is that repealer when we Pass open transfer. It was for the purpose of education.
- reasonable flexibility, which is a one-time free transfer and a fresh start at the high school level
- How does this square up with open transfer laws? Thank you for the question.
- How does this affect open transfer laws? Clarify, thank you, Madam Chair.
- Does this bill, if a teacher transfers, just retain their current status?
Bills:
HB1937, HB2153, HB3674, HB2978, HB3885, HB3671, HB3261, HB3021, HB3029, HB4274, HB3701, HB3076
Keywords:
HB1937, Oklahoma schools, student communications, electronic communication, digital communication, parent notification, legal guardian, school personnel, teachers, coaches, administrators, charter schools, public schools, administrative leave, corroborated report, investigation, employee file, discipline, termination, school board
NH
New Hampshire 2025 Regular Session
House Ways and Means (02/03/2025)
Transcript Highlights:
- We do have two RSAs that govern our transfers prior to the transfer to the general fund.
- Then in the blue, you have the transfers to HHS, and then that brings you to the total revenue transfer
- <03:40:22.840>
to <03:40:22.960>the transfers prior to the transfer to the transfers - then in the blue you have the transfers then in the blue you have the transfers to to to HHS<03:
- And we did provide the transfer language for those two transfers so that you have the full language of
Summary:
The Department of Safety presented an overview of highway fund and unrestricted revenue collections, focusing on the Division of Administration, the Road Toll Bureau, and the Division of Motor Vehicles. Amy Newbery explained that the main unrestricted funding sources are highway funds and general funds, with highway fund revenue of about $263 million in FY 2024 and a FY 2025 projection of $261.2 million. She said revenue growth has been modest and has not kept pace with costs, creating structural deficits that required general fund transfers of $50 million in FY 2022-23 and another $10 million in FY 2024-25 to balance the fund.
Jennifer Hall described Road Toll operations, including motor fuel tax collection at the distributor level, compliance enforcement, and licensing for fuel distributors, transporters, IFTA carriers, and oil discharge/pollution control. Members asked about IFTA, dyed-fuel enforcement, the possibility of using the state forensic lab for dyed-fuel testing, and whether audit positions had been filled; the department said it recently hired a part-time fuel enforcement officer, still uses IRS testing, could explore lab testing, and had no audit vacancies. Hall also discussed factors affecting fuel-tax revenue, including gas prices, crude oil forecasts, weather, tourism, GDP, and inflation, and said FY 2024 road toll revenue was $127.5 million, above plan, with FY 2025 projected at $127.71 million.
The committee then turned to DMV-related revenues. Newbery said motor vehicle registration revenue was $93.1 million in FY 2024 and is projected at $90.4 million in FY 2025, with the state share going directly to the highway fund. Members asked about the state/town fee split, the five-year registration cycle dip, the distribution of registration revenue by vehicle weight category, and the impact of electric-vehicle surcharges; the department said the five-year dip is still occurring and will fade over time, and it would follow up on the weight-category breakdown. The presentation also noted that driver-license revenues have stabilized, inspection revenues remain steady, plea-by-mail revenue was added to the highway fund in FY 2024, and general fund revenues tied to the department are relatively small and have declined as some functions moved to OPLC. No votes or formal actions were taken.
TX
Texas 89th Regular
Licensing & Administrative Procedures Apr 15th, 2025
Licensing & Administrative Procedures
Transcript Highlights:
- I'm here to share my support for the passage of this bill to allow for the inter-facility transfer of
- Passage of this bill will allow me to transfer my own products between the two locations that I own.
- We submit, respectfully, that the previous conversation about transferring product is inaccurate.
- I mean, they already have the ability to transfer from one location to another.
- But that's not a transfer; that ends up being a sale.
Bills:
HB 1301, HB2278, HB2776, HB2820, HB3848, HB3920, HB4172, HB4215, HB4284, HB4285, HB4463, HB4517, HB4690, HB4765, HB4766, HB4767, HB4768, HB4769, HB4773, HB4830, HB5506
Keywords:
alcohol, beverages, winery permit, restaurant, malt beverages, Texas Alcoholic Beverage Code, alcohol production, home brewing, family use, craft beverages, massage therapy, licensing, criminal offenses, sexually oriented businesses, public safety, bingo, charitable gaming, operating capital, regulation, funding
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Jan 20th, 2026 at 04:16 pm
House Appropriations & Finance
Transcript Highlights:
- My other question is, amounts can be transferred among categories.
- When it says that money can be transferred through categories, so this Piece of legislation names things
- Representative, so yes, money could be transferred between and all of the categories that are in all
- Chair, at least for the Legislative Council Service, I would request that the Council approve a transfer
- If this is Section 4, and this is Section 5, and Section 6, then we can transfer it from Here all the
Bills:
HB1
Keywords:
feed bill, legislative appropriations, legislative branch, New Mexico Legislature, general fund, legislative council service, legislative finance committee, legislative education study committee, house chief clerk, senate chief clerk, per diem, mileage, session expenses, interim committees, district staff, capitol complex, capital outlay data system, legislative processing system, redistricting, census redistricting
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Jan 20th, 2026
House Appropriations & Finance
Transcript Highlights:
- My other question is amounts can be transferred among categories.
- When it says that money can be transferred through categories, so this Piece of legislation names things
- Representative, so yes, money could be transferred between all of the categories that are in all of those
- Chair, at least for the Legislative Council Service, I would request that the Council approve a transfer
- If this is Section 4, and this is Section 5, and Section 6, then we can transfer it from here all the
Bills:
HB1
VT
Vermont 2025-2026 Regular Session
Senate Session - 2026-05-22 - 10:00AM
Vermont Senate Floor Meeting
Transcript Highlights:
- c> of<00:59:18.920>
unclaimed authorizes the transfer of unclaimed authorizes the transfer - <01:00:12.560>
the that the fund can actually transfer the that the fund can actually transfer - Senator relayed there would be transfers Senator relayed there would be transfers of<01:04:15.720
- >
clean <01:04:26.240>water dollars transferred from clean water dollars transferred from - <01:04:57.640>
tax surcharge and the property transfer tax surcharge and the property transfer